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…
Usmanov has sold most of his Facebook Inc. (NASDAQ:FB) shares and expects to benefit from investments in China’s Internet giants Alibaba Group Holding Ltd. and JD.com Inc. (JD), Ivan Streshinskiy, head of the billionaire’s asset-management company USM Advisors LLC, said in March. Facebook Inc (NASDAQ:FB) stock performance was -1.09% in last session and finished the…
Facebook Inc. (NASDAQ:FB) announced that it will purchase smartphone-messaging app company WhatsApp Inc. for $19 billion in cash and stock. Facebook Inc (NASDAQ:FB) stock performance was -1.09% in last session and finished the day at $62.50. Traded volume was 42.44million shares in the last session and the average volume of the stock remained 66.19million shares….
Menlo Park-based Facebook Inc. (NASDAQ:FB) is also looking to connect unwired corners of the Earth and operates Internet.org, an initiative that aims to bring Internet connections to 5 billion unconnected people. Facebook Inc (NASDAQ:FB) stock performance was -0.35% in last session and finished the day at $63.08. Traded volume was 36.00million shares in the last…
