April 27, 2012 |
DEAR ABBY: I recently attended a baby shower for a dear high-school friend and his wife. The day after the shower, she posted a slide show on Facebook titled "Thanks for All Our Gifts" with a picture of each gift and who gave it. She has had numerous miscarriages and held this shower at five months, knowing the baby is not yet at a viable stage. Although I feel sympathy for her fertility issues, and especially for her husband who desperately wants to be a father, I think this is a bid for attention.
January 2, 2013 |
High school sophomore Thanasis Narliotis needed cash. So he spread some baseball team caps, old skateboards, a boom box, sunglasses, and a few shirts out on his bed and snapped a quick photo. Minutes after he posted it on Facebook with the caption "See what u want. Make me an offer," the bids started rolling in. Narliotis posted on "One Man's S- is Another Man's Treasure," a Facebook group dedicated to the buying and selling of the necessities of a teenage boy's life: video games, gaming systems, sneakers, headphones, T-shirts, sports equipment, and phones.
August 23, 2012 |
Plenty of people liked Facebook Inc. enough to buy shares of its common stock when the social-media network went public May 17. But now that those shares are worth about half the $38 price of the initial public offering and company insiders are selling, what are investors and investment advisers saying? Pretty much the same things they were saying before the Menlo Park, Calif., company became the most-hyped IPO of 2012. It may be a cultural phenomenon with a large base of users, profits, and growing revenue, but Facebook as an investment?
May 16, 2012 |
SAN JOSE, Calif. — When Facebook goes public — as it's expected to do this week in what is almost certain to be the biggest stock debut for an Internet company — it will be more than a financial milestone. It will also reflect how tightly a company launched eight years ago in a college dorm room has been woven into the fabric of society. In its ability to shape how people around the world communicate, debate, shop, entertain, and inform themselves, Facebook may be the biggest technological advance since broadcast television.
August 24, 2012 |
LOS ANGELES - Tom Byron used to spend a couple of hours each day playing games on Facebook, attending to his virtual diners in "Restaurant City" and waging war against the Raven in "Empires & Allies. " "I'd check into these games every chance I got," said the 50-year-old marketing executive in San Rafael, Calif., who played four or more Facebook games at a time. "Now I spend most of my game time on my iPhone. It's just more convenient to be able to grab my phone. " It's not just players such as Byron who have wandered away from Facebook.
July 28, 2012 |
NEW YORK - Facebook Inc.'s first earnings report as a public company had solid numbers, but in the end it landed with a thud - much like its rocky initial public offering two months ago. Facebook reported stronger-than-expected revenue and a gain in user numbers Thursday. But investors weren't impressed, and, after a brief spike, its stock fell more than 10 percent, or $2.74, to $24.10 in after-hours trading. That means Facebook's stock will most likely open Friday at its lowest level since going public.
August 15, 2012 |
MENLO PARK, Calif. - Facebook's early investors and a handful of directors will become eligible Thursday to sell stock they own in the social-networking company. It marks the beginning of a time-honored process for public companies, one that will give many Facebook employees the same right to sell their shares this fall. It's conceivable that none of them will sell. But if they do, up to 1.91 billion more shares could flood the stock market over the next several months - more than four times the 421 million shares that have been trading since Facebook's initial public offering in May. So-called lockup periods, which prevent insiders from unloading shares too close to an IPO, generally start to expire 90 days after a stock makes its public debut.
February 5, 2013 |
SETH WILLIAMS isn't liking Facebook too much at the moment. On Monday, the district attorney called a news conference to ask the social-media site to remove a Philadelphia man's page that urges people to "kill rats. " Williams said that the man, Freddie Henriquez, used the site to solicit the killing of a witness in a criminal case involving purchases of illegal firearms. Williams said that he sent a letter to Facebook founder and chief executive Marc Zuckerberg asking him to remove the page and deactivate the Facebook account.
October 25, 2012 |
Facebook Inc. posted sales that topped analysts' estimates after getting business customers to adopt new tools that deliver advertisements to users of handheld devices. Third-quarter sales rose 32 percent to $1.26 billion, Menlo Park, Calif.-based Facebook said. That compares with the average estimate of $1.23 billion, according to data compiled by Bloomberg. Profit excluding certain items also exceeded projections by a penny. Chief executive officer Mark Zuckerberg is making headway in a drive to boost mobile-advertising revenue at the social network.
June 27, 2012 |
This story has been modified. When it began, Facebook was the world's greatest free high school yearbook. Now, for some, it's gone pay-to-play. A Facebook policy announced in late April called Promoted Posts invites owners of some Facebook pages (those with more than 400 "likes," expressions of interest from other users) to pay for expanded "reach" to their audience. Hobbyists, enthusiasts, musicians, and other individuals run these pages, as do sports teams, political campaigns, nonprofits, and businesses (including The Inquirer)