eBay said on Monday David Marcus, who has led eBay Inc’s fast-growing payments unit PayPal, will step down from the e-commerce company on June 27 to run Facebook messaging products. EBay shares fell about 2 percent in trading after hours. Marcus has led PayPal, which has 148 million active users, for the past two years…
Mark Zuckerberg and other members of Facebook’s board have been sued by a shareholder who claimed a policy letting them annually award directors more than $150 million of stock each if they choose is unreasonably generous. In a complaint filed on Friday night in Delaware Chancery Court, Ernesto Espinoza said the board was “essentially free…
Mark Zuckerberg and other members of Facebook Inc (NASDAQ:FB)’s board have been sued by a shareholder who claimed a policy letting them annually award directors more than $150 million of stock each if they choose is unreasonably generous. Facebook Inc (NASDAQ:FB) stock performance was 0.61% in last session and finished the day at $62.88. Traded…
The market has gone years without a correction, but is that a reason to cash out and put your profits under the mattress? UBS strategist Jeremy Zirin sits down at the MoneyBeat desk to talk stocks. Photo: Getty Images.
Marketwatch’s Mark Hulbert says Apple’s stock may beat the market through 2016 and point out iPhone maker’s stock split is a bullish indicator, according to studies. Photo: Getty Images.
Lex assesses the web hosting company’s plans for an IPO in the US
