Facebook boss Mark Zuckerberg has strongly denied the social network is planning to release its own phone.
In an effort to dispel long-running rumours, Mr Zuckerberg said releasing a Facebook phone was “not the right strategy”.
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Facebook’s UK business paid just £238,300 in corporation tax last year, accounts have revealed, in a move described as “unethical” by campaigners.
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One in seven people on the planet now use Facebook to stay in touch, according to the social networking giant’s founder and CEO Mark Zuckerberg.
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Mark Zuckerberg, the billionaire boss of Facebook, has said that it would be the “wrong strategy” for his firm to make its own smartphone.
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Facebook has named its chief operating officer, Sheryl Sandberg, as its first female director, elevating her to a board that includes seven men.
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Facebook founder Mark Zuckerberg married his long-term girlfriend Priscilla Chan on Saturday, just a day after his company’s $100billion floatation.
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Facebook’s co-founder Eduardo Saverin has renounced his US citizenship ahead of the company going public on Friday.
Brazilian-born Mr Saverin, 30, will avoid paying around $600m (£373m) in tax when he picks up his share of the site’s stock offering.
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Facebook founder Mark Zuckerberg’s decision to show up for meetings with potential investors dressed in his trademark casual outerwear indicates that he’s too immature to run a massive corporation, an analyst has said. Michael Pachter, an analyst for US-based Wedbush Securities, said during an...
(Reuters) – Facebook Inc CEO Mark Zuckerberg fielded questions about the No. 1 social network’s slowing revenue growth and its $1 billion purchase of Instagram as he kicked off a cross-country roadshow to promote the company’s $10 billion initial public offering.
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Facebook’s highly-anticipated flotation is expected to happen on May 17, according to reports.
The social networking company, which lodged its initial public offering (IPO) documents at the start of February 2012, is believed to be working towards May 17 to float on the Nasdaq stock exchange.
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