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 CEO Mark Zuckerberg had a Q&A session last night in which he spoke about Facebook's missing "Dislike" button. We've got the thumbs up, but we don't have the thumbs down. He took a stab at a question about this feature this week because it the Like button is "an important way to sympathize or empathize with someone in an important moment that someone put themselves out there to share.
Bad news for Microsoft's search engine was revealed last week, as Reuters reported that Facebook has stopped showing Bing web results when users conduct a search on the social network. Facebook confirmed the information on Friday, but to add insult to injury the company noted that the deal with Bing had ended some time ago, but nobody really noticed until now.
Facebook's sprawling campus in Palo Alto, California was previously owned by Sun Microsystems. Sun Microsystems was acquired by Oracle in 2009. When Facebook moved into the office, Mark Zuckerberg didn't replace Sun Microsystem's sign. Instead, he flipped it over and put Facebook's name on the front. Why? The Sun logo reminds employees to stay motivated.
A Chinese government news portal released a photo Monday of Facebook founder Mark Zuckerberg with a copy of Chinese President Xi Jinping's book on governance at his desk while hosting an Internet official from the country.
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.
Facebook has stopped including results from Microsoft's Bing search engine on its social networking site. The move, confirmed by a company spokesperson, comes as Facebook has revamped its own search offerings, introducing a tool on Monday that allows users to quickly find past comments and other information posted by their friends on Facebook.
"I force a lot of the guys to use low-end phones now," Javier Olivan, Facebook's head of growth, says. "You need to feel the pain."And Facebook employees aren't the only ones getting the terrible-phone treatment.You might not expect to find many flip phones in the high-tech and free-food laden Facebook offices, but your expectations would be wrong.
In December 15 years ago the dotcom crash was a few weeks away. Veterans of that fiasco may notice some familiar warning signs this festive season. Bankers and lawyers are being priced out of office space in downtown San Francisco; all of the space in eight tower blocks being built has been taken by technology firms.
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.
Last summer, an organization led by Facebook fired a huge shot at Cisco . On Thursday, one of Cisco's oldest rivals, Juniper, jumped in to back Facebook in a big way. And the threat to Cisco from Facebook went from huge to enormous. It won't kill Cisco, but it will shake the trees a little bit and force Cisco to make some uncomfortable choices.
Congrats to the Instagram community for reaching 300 million people! Here's a photo of Kevin and me celebrating in the Instagram gravity room," Zuckerberg's caption reads.Instagram on Wednesday announced it now has more than 300 million active users. With that number, the photo-sharing platform has officially passed Twitter, which has about 284 million users, according to Re/code .
Facebook CEO Mark Zuckerberg gave his best advice for starting a company during an open question-and-answer session held by Facebook on Thursday. "Don't worry about making mistakes too often," Zuckerberg said on stage. "Mistakes are how you learn. The real question is how you learn from them, not what you should avoid.
e’re thinking about it," Zuckerberg said. "It’s an interesting question.”Zuckerberg said he didn't want a dislike button to become a way for users to be shame others on the site.The Facebook CEO said a dislike button would make sense for instances when users wanted to express themselves but didn't feel comfortable using the like button.
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.