Facebook CEO Mark Zuckerberg still owns 28.4% of Facebook despite the huge amount of money the company has raised, according to the company's S-1 filing.
That amounts to 534 million shares.
If Facebook is worth between $75 billion and $100 billion (we'll call it $87.5 billion), that's worth $24.7 billion.
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Facebook's top product person has displaced the top sales person in the company's ranking of its highest paid executives.Chris Cox, Facebook's chief product officer, made his debut appearance on the company's proxy statement today, with a total 2014 compensation package worth $12.47 million.
A user from California recently put Facebook's suicide prevention feature to test. According to areport, Shane Tusch shared his frustrations about his bank on the social network and posted a fake-threat to hang himself from the Golden Gate Bridge. A reader swiftly reported his post. As per theprevention service updatelast month, Facebook locked Tusch out of his account.
In our modern world, people often take their woes online, leaving hints about private troubles or outright threatening suicide as a last-ditch cry for help. Facebook, being the most popular of social networks, is one of the places a person is likely to turn, and so it isn't surprising the company has implemented so-called suicide prevention tools.
Mark Zuckerberg likes his privacy, but he’s in an increasingly public battle with a would-be neighbor in Palo Alto, Calif., that threatens to expose details of his personal life and conduct.New court documents were filed on Wednesday in a continuing lawsuit against Mr.
Business Insider's Nicholas Carlson tried it for the first time last December, and immediately tweeted "A bunch of companies seem to believe that computers you wear on your face are the next big thing. This week, hardware maker HTC and PC game technology company Valve demonstrated theirs, called Vive, and it was met with wild rapturous applause from tech writers.
Facebook CEO Mark Zuckerberg's 2015 New Year's resolution was to read a book every two weeks and get the Facebook community involved in the discussion. He announced earlier this week that the third selection for his " A Year of Books " book club is the 2008 book " Gang Leader for a Day: A Rogue Sociologist Takes to the Streets " by Sudhir Venkatesh.
Facebook founder Mark Zuckerberg is using his social media site to connect with New Jersey Gov. Chris Christie (R). Christie, a potential 2016 presidential candidate, shared a video of a recent town hall meeting on his public Facebook page Wednesday and Zuckerberg "liked" the post.
YouTube has recently received a knocking in the press for its reported lack of a profit and the massive video-view volume being achieved by competitors like Facebook and Vine and others, but profit and views are only part of the story.
Facebook has nabbed 56 acres of real estate near its headquarters, a piece of property that is estimated to be worth $400,000. The land is said to presently house some biotech and "light industrial" businesses, and for the time being Facebook has no plans to change that.
Instagram ads can currently only target users based on age, gender, and country.So will you start seeing more ads in your Instagram feed? Not necessarily."People may see more ads in the future, but they'll be much more relevant and targeted," an Instagram spokesperson told Business Insider.Right now only big brands with direct relationships to Instagram sell ads on the platform.
t a very basic level, React Native takes the stuff that Facebook uses to build its own user interfaces across the web (including the web versions of Instagram and WhatsApp), and lets anybody else do it.Facebook just can't stop giving away its secrets for free .
Snapchat, the start-up with disappearing photo messages, may be popular with teenagers. But in investors’ eyes, it is commanding a very grown-up valuation.The company is raising a round of venture capital that could value the company at up to $19 billion, according to a person with knowledge of the discussions.
When Facebook acquired Oculus last year, many were left scratching their heads at the combination. Regardless of what Facebook's intentions were, it made an unspoken promise to leave Oculus alone to do what it does best: develop VR products and experiences. That doesn't mean, however, that Facebook has no plans to capitalize on that purchase itself.
Facebook CEO Mark Zuckerberg doesn't think his company necessarily needs to have its own operating system, but things may be much easier if it did. Bloomberg's Emily Chang recently asked Zuckerberg about the company's competition with Google, and how Facebook overcomes not having a large platform like Android to distribute its services.
Mobile tech is booming: New figures from Digi-Capital show the number of "unicorns" — companies with $1 billion-plus valuations — has almost doubled in the last 12 months, and there's now more than ever before. In 2013, there were 38 unicorns in the mobile sphere; in 2014, there was 68. And the collective value of these companies has doubled too, from around $130 billion to $261 billion.
Early next year, consumers will finally be able to buy the Oculus virtual reality headgear that so impressed Mark Zuckerberg of Facebook that he spent $2 billion to buy the company.Oculus VR announced on Wednesday that it would begin shipping its flagship Rift headset in the first quarter of 2016. Pre-orders will be accepted during the holidays.