Mark Zuckerberg

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Zuckerberg: Mobile Tech Was Our Biggest Mistake

Facebook building a search engine, he says

(Newser) - In his first public talk since Facebook's IPO in May, Mark Zuckerberg said the stock's decline was "obviously disappointing," and admitted the company had "burned two years" by focusing on the wrong mobile technology, reports the Financial Times . But he came across as upbeat and...

Facebook: Zuckerberg Won't Sell Shares for a Year

Firm moves to protect share price as it hits new low

(Newser) - Mark Zuckerberg is a much poorer billionaire than he was a few months ago, but he won't be joining the early investors selling off their Facebook shares. Those shares hit a new low of $17.73 yesterday, and the company took steps to assure investors that the slide will...

Facebook&#39;s Oldest User Is 101
 Facebook's Oldest User Is 101 
Aug 28, 2012 11:43 AM CDT

Facebook's Oldest User Is 101

And Florence Detlor has met Mark Zuckerberg

(Newser) - If your grandmother insists she can't figure out Facebook, introduce her to Florence Detlor. At 101, she's the oldest registered user of the social networking site, Mashable reports. Facebook COO Sheryl Sandberg posted a picture of herself and Mark Zuckerberg with Detlor at the company's headquarters, which...

Grilling App Crashes After Zuckerberg Praises It

iGrill makers thrilled with endorsement

(Newser) - Want to boost traffic to your site? Try getting an endorsement from Mark Zuckerberg. His Facebook post on the iGrill app caused so much traffic that it shut down iGrill's servers for two hours. The app is a wireless cooking thermometer for Apple touchscreen devices, and Zuck's post...

Facebook's Problem Isn't Zuckerberg, It's Peter Thiel

George Anders thinks a better board could turn Facebook around

(Newser) - Bedrock investor Peter Thiel has sold off more than 90% of his stake in Facebook, and it might be high time he followed that stock out the door. Thiel still has a seat on Facebook's board, even though he now holds just 5.6 million shares, or 0.3%...

Facebook Stock Drop &#39;Painful&#39; for Workers

 Facebook Stock 
 Drop 'Painful' 
 for Workers 
Life Plans on Hold
Aug 18, 2012 1:48 PM CDT

Facebook Stock Drop 'Painful' for Workers

Mark Zuckerberg admits it's hard on employees

(Newser) - With investors dumping Facebook stock and analysts dumping on the company , employees are feeling the pain. In other words, their plans for a new home or car will have to be put on hold, the Los Angeles Times reports. "People made life plans and calculations," says a Silicon...

As Facebook Shares Tank, Calls for Zuckerberg's Head

Investors wonder if he's 'in over his hoodie'

(Newser) - With Facebook stock continuing to find new lows , grumbles have started on Wall Street. "There is a growing sense that Mark Zuckerberg, talented though he may be, is in over his hoodie as CEO of a multibillion-dollar public company," one researcher tells the LA Times . Zuckerberg owns too...

Facebook&#39;s Instagram Deal Will Be a &#39;Bust&#39;
Facebook's Instagram Deal 
Will Be a 'Bust'
OPINION
Aug 7, 2012 6:18 PM CDT

Facebook's Instagram Deal Will Be a 'Bust'

Zuckerberg may have been too hasty: Forbes' Chunka Mui

(Newser) - Facebook's billion-dollar purchase of Instagram has generally been met with praise in the tech world, an example of how Mark Zuckerberg can strike decisively to shore up a weakness. Chunka Mui at Forbes has a different view: "We'll look back on the acquisition as a bust—much...

Zuckerberg No Longer Among Tech's 10 Richest

Facebook's plunging shares cost him $423M yesterday

(Newser) - Facebook's sinking stock shares have cost Mark Zuckerberg some bragging rights among his tech peers. As unfathomable as it might seem to ordinary folks, Zuckerberg's worth dropped by $423 million yesterday, reports Bloomberg . His fortune is now figured to be $10.2 billion, about $400 million less than...

Zuckerberg's Mortgage a 1% Special

Loan illustrates benefits of wealth

(Newser) - The mortgage on Mark Zuckerberg's new $5.95 million abode brings whole new meaning to the term, "1%." For starters, that's roughly the rate Zuckerberg is paying—it's adjustable rate, but it's starting at just 1.05%. It's also the kind of loan...

Tech Moguls: Modern-Day Robber Barons

Mark Zuckerberg, Jeff Bezos equally big on biz, not values

(Newser) - Ten of the world's richest 100 people have ruthlessly siphoned their billions from IT, making today's tech moguls the equivalent of the infamous capitalist robber-barons of last century, like John Rockefeller or Andrew Carnegie, writes John Naughton in the Guardian . From Bill Gates and Mark Zuckerberg to Sergey...

Sinking Stock Pushes Zuck Off Billionaires Index

As of yesterday, he was no longer one of world's 40 richest

(Newser) - As of yesterday, Priscilla Chan was no longer married to one of the world's 40 richest people. Bloomberg reports that Facebook's much ballyhooed drop below the $30-a-share mark yesterday caused Mark Zuckerberg to drop from the list. With the stock closing at $28.84, his fortune decreased from...

Facebook, Don&#39;t Build a Phone
 Facebook, Don't Build a Phone 
OPINION
May 29, 2012 1:15 PM CDT

Facebook, Don't Build a Phone

Mark Zuckerberg should stick with software: Dan Costa

(Newser) - Facebook has enough problems these days, from that lackluster IPO to rumors that Mark Zuckerberg is a lousy honeymoon tipper . And now comes yet another report that Facebook is trying to make a smartphone ? At PC Magazine , Dan Costa has some advice: Don't do it. Facebook does indeed...

Saverin: Feud With Zuckerberg Is 'Hollywood Fantasy'

He avoids Facebook for privacy reasons

(Newser) - Remember the scene in The Social Network where Eduardo Saverin flips out at Mark Zuckerbeg, who has sneakily shrunk his share of the company? Well Saverin says it was all "Hollywood fantasy." The Facebook co-founder gave a rare interview with the Brazilian magazine Veja , in which he insists...

Mark Zuckerberg Makes Cameo on Chinese TV

Facebook chief appears with wife Priscilla Chan in documentary

(Newser) - Social media sites and blogs have lit up after eagle-eyed viewers spotted a surprise cameo in a Chinese TV documentary about the country's police force: Facebook founder Mark Zuckerberg and his now-wife, Priscilla Chan. The documentary by CCTV was part of a series on Chinese police and high-tech crime-solving...

For 3rd Time, Facebook Poised to Build Phone

But will it be any good, if it ever arrives?

(Newser) - Facebook is once again gearing up to build its own smartphone, and it could be here by next year. The company has hired several engineers from the iPhone and iPad teams for its third foray into the project, insiders tell the New York Times . Facebook's first attempt to build...

Zuckerberg's Honeymoon Takes Him to...

...Italy, where Twitter users follow the Facebook founder, bride

(Newser) - Mark Zuckerberg doesn't really believe in privacy for the rest of the world, so it's not much of a surprise that the world doesn't believe in privacy for Zuckerberg. The Facebook founder and new bride Priscilla Chan are honeymooning in Italy, and details of their trip are...

Why I&#39;m Saying Goodbye to &#39;Facebookistan&#39;

 Why I'm Saying 
 Goodbye to 
 'Facebookistan' 
IN CASE YOU MISSED IT
May 27, 2012 3:45 PM CDT

Why I'm Saying Goodbye to 'Facebookistan'

Facebook useful, but Steve Coll objects to company's terms, and more

(Newser) - Four years and 4,000 friends later, Steve Coll is calling it quits when it comes to Facebook. It's not that Coll doesn't find Facebook useful or understand its appeals. To Coll, quitting what one of his colleagues has dubbed "Facebookistan" is an exercise in citizenship, his...

Facebook Backers Helped Short Sellers

Morgan Stanley adjusting thousands of first-day trades

(Newser) - Some traders at the underwriters of Facebook's bungled IPO were busy aiding short sellers who bet the stock would drop in the days after its debut, the Wall Street Journal finds. Insiders say traders at JPMorgan and Goldman Sachs were loaning out the shares hedge funds needed to bet...

Analyst on Facebook Flop: Hoodie Scared Investors

Michael Pachter says, 'I told you so'

(Newser) - Why is Facebook's stock languishing well below its IPO asking price? Blame Mark Zuckerberg's hoodie, says Michael Pachter. The Wedbush securities analyst was widely snickered at a couple weeks ago for complaining that Zuckerberg shouldn't have worn the hoodie on Facebook's "roadshow" for investors. Now,...

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