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.
What were you doing Monday? According to Mark Zuckerberg, it probably included using Facebook. He just posted that for the first time, the social network notched one billion individual users in a single day, calling it "just the beginning of connecting the whole world.
hough the work’s changed quite a bit — what used to be helping Michigan State students plan parties is now about delivering a proper experience on 2G, a legit Burmese translation, crazy streaming video infrastructure, autonomous drones to beam down internet, virtual reality -- they are all connected by the same wonderful idea.
“For the first time ever,” Mark Zuckerberg, the company’s chief executive, posted on the social network, “one billion people used Facebook in a single day.”Facebook is present in nearly every aspect of people’s digital lives these days. But just a decade ago, that sort of traffic feat would have been hard for the social-networking site to even have imagined.
Facebook's longtime stubbornness about its "like" button has finally crumbled—at least for users of the social network in certain European countries. The new feature, which Facebook says launched on Thursday as a "pilot test," is hidden behind the standard"like" button. When some users hold that button down for a moment, they reveal Facebook's newest addition: "reactions.
Yahoo’s chief executive, Marissa Mayer, and her husband, Zachary Bogue, are expecting twin daughters, according to an announcement she made on Yahoo’s Tumblr.Ms. Mayer said Monday that her twins were due in December and that she planned to work throughout her pregnancy. When she was first hired by Yahoo in 2012 from Google, Ms.
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.
Mark Zuckerberg revealed on Friday — on Facebook, naturally —that he and his wife, Priscilla Chan, were expecting their first child, a girl.Mr. Zuckerberg, chief executive of the social networking giant, wrote in an uncharacteristically personal post that he and Ms.
While many executives are criticizedfor their excessive pay, some CEOs have been able to skirt around the issue by choosing to forgo alofty salary and opting instead for a paycheck of $1 a year, or less.Of course, this isn't to say these executives are living off the dollar menu.
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.
Social behemoth Facebook may have come out and stated it's not developing its own music streaming service, but it seems to still have an interest in getting music to its users. Specifically, it seems to want to put music videos in users' News Feed, and has already had talks with a number of music labels, according to the New York Times , which spoke to several anonymous sources.
Nearly two years ago, Facebook’s chief executive, Mark Zuckerberg, announced an ambitious effort to connect the world’s poorest people to the Internet.Mr. Zuckerberg’s vision — carried out with partners through an entity called Internet.org — encompasses a range of strategies, including lasers, drones and satellites beaming Internet signals down from the sky.
Although Oracle whiffed on its fourth quarter , missing expectations on both revenue and profits in the quarter that is traditionally its strongest, Oracle's management was upbeat, almost deliriously so. "We are delighted with this quarter," one of Oracle's CEOs, Safra Catz said on a quarterly conference call with analysts.
Facebook is now so thoroughly a mobile service that its original website may soon become a footnote in the company’s financial statements, Vindu Goel reports.The world’s largest social network reported on Wednesday that almost three-quarters of its advertising revenue and most of its 1.44 billion users came from cellphones and other mobile devices in the first quarter of the year.
There's an increasing business case to be made for giving software away for free.Take Facebook, for example.As Facebook got bigger and bigger, it started running into some serious growing pains — it was generating more data than its data centers could handle. This was a problem, given that people expect Facebook to always be available and snappy.
Narendra Modi, India’s prime minister, came to Silicon Valley over the weekend and wooed and wowed the tech crowd.Mr. Modi’s schedule was jam-packed with dinners with tech entrepreneurs and executives, as well as a question-and-answer session with the Facebook chief executive Mark Zuckerberg, among other events.The visit — with Mr.