Mark Zuckerberg

Man arrested for plotting ownership scheme against Facebook

Man arrested for plotting ownership scheme against Facebook

39-year-old Paul Ceglia, a New York wood pellet salesman who claimed he owned a huge stake in Facebook by forging documents, was arrested today and taken into custody by US Postal inspectors at Ceglia's home in Wellsville, NY. He was arrested on charges that he falsified records and destroyed evidence in a multi-billion dollar scheme to defraud Facebook and the company's CEO, Mark Zuckerberg.

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Facebook stock rises after Zuckerberg’s comments on mobile

Facebook stock rises after Zuckerberg’s comments on mobile

It's common knowledge by now that Facebook's stock could be doing a whole lot better. Its stock price has been consistently falling ever since Facebook's IPO in May, partly over investor concerns that the company wasn't doing enough to make money from mobile users. Yesterday, Mark Zuckerberg got up on stage at the TechCrunch Disrupt conference, making his first appearance since Facebook went public. His discussion was filled with admissions of failure, but Zuckerberg also looked toward the future, talking about what Facebook is going to do to turn its fortunes in the mobile arena around.

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Facebook’s Zuckerberg talks mobile shortcomings, plans for the future

Facebook’s Zuckerberg talks mobile shortcomings, plans for the future

It isn't exactly a secret that Facebook is struggling in the mobile realm, something that the company's shareholders aren't too crazy about. Facebook's stock has dropped quite a bit since its IPO thanks largely to shareholder concerns about mobile users, and today, Mark Zuckerberg is tackling these issues at the the TechCrunch Disrupt SF conference. This is the first appearance by Zuckerberg since Facebook went public, and he's using the opportunity to be honest with himself about the shortcomings of Facebook on mobile, and what the company plans to do to change that.

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Facebook stock hits new low as Zuckerberg loses billions

Facebook stock hits new low as Zuckerberg loses billions

Facebook may have delivered a decent quarterly financial report yesterday, but that apparently did little to quell investor concerns about the company, which only went public earlier this year. Facebook's stock took another tumble today, falling $3.03 to $23.81. That 11.3% decrease in stock price led to Facebook's stock hitting a new all-time low, and it doesn't seem like the stock is going to recover anytime soon.

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Facebook close to final IPO price

Facebook close to final IPO price

It was believed that Facebook was adding more shares to its IPO, set to begin trading tomorrow, but as it turns out those extra shares came from early investors looking to grab some cash. Now it looks like the final IPO price is being narrowed down, with shares expected to fall in the region of $34-38, up from $28-25. The final IPO share prices would put Facebook’s value close to $104 billion.

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SlashGear Evening Wrap-Up: May 8, 2012

SlashGear Evening Wrap-Up: May 8, 2012

Happy Tuesday, everyone. We're still in the thick of CTIA, and we have all sorts of big mobile stories for you. So let's get right to it - Kyocera Rise and Hydro budget ICS smartphone hands-on. And that's not all; we also have a look at one of the major LTE phones - HTC Evo 4G LTE hands-on. Of course, though, CTIA isn't the only thing making news. We have to talk about this - The driverless cars that want to run Google off the road.

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Facebook investor roadshow sees Zuckerberg keep it casual

Facebook investor roadshow sees Zuckerberg keep it casual

Mark Zuckerberg is starting to come to terms with the fact that as the head of a humongous public company he'll have to have a little more stage presence. In an effort to promote Facebook's vaulting into its initial public offering, the young billionaire is going on a roadshow across the country, though by his appearance you wouldn't believe he's there to talk about a $10 billion entry into the stock market. His presence can be described with one word: casual.

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Facebook CEO Mark Zuckerberg hits 94% approval rating

Facebook CEO Mark Zuckerberg hits 94% approval rating

Facebook chief Mark Zuckerberg has an approval rating that any politician would kill for. And since we're talking about politicians, that probably isn't an exaggeration. 94% of Facebook employees say they have a positive opinion of their leader. Can you think of any other company that has that kind of effect on its workers? Maybe there is one (cough Apple cough), but it's still a pretty impressive statistic.

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