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Optimal raises $7M, hires CFO; and more Facebook platform industry hiring news
Facebook Preferred Marketing Developer Optimal today announced that it raised $7 million in a Series B round and hired a chief financial officer. Paul Suh, former SVP of Finance and Operations at...
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Facebook reports $1.585B in revenue for Q4 2012, net income of $64M
Facebook today reported $1.59 billion in revenue for the fourth quarter of 2012 ended Dec. 31 — a 40 percent increase from the $1.13 billion reported in Q4 2011. Net income was $64 million down...
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27M users bought virtual goods using Facebook Payments in 2012; Zynga’s...
Approximately 27 million users bought virtual goods using Facebook Payments in 2012, up from 15 million in 2011, according to a document the company filed with the Securities and Exchange Commission...
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Spredfast raises $18M, Sprinklr secures $15M for social marketing software
Two social marketing platform companies announced new funding today. Spredfast has raised $18 million in a venture capital round led by OpenView Venture Partners, and Sprinklr has raised $15 million in...
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Judge dismisses 4 IPO-related lawsuits against Facebook
A U.S. district judge today dismissed four cases brought against Facebook by shareholders claiming the company failed to disclose material information ahead of its initial public offering in May 2012,...
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Facebook and industry roundup: Marin, SDKs, Dachis Group, Perfect Audience, more
PMD Marin Software goes public – Ad tech company Marin Software today went public after raising $105 million from an initial public offering priced at $14 per share. The stock opened at $19 per share...
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Facebook roundup: marriage equality, Zuckerberg, Goodreads, Nasdaq,...
Facebook users change profile picture show support for same sex marriage – As the U.S. Supreme Court met this week to address same-sex marriage, the Human Rights Campaign encouraged users to change...
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Facebook roundup: Home privacy, stock price, hackathon and open source project
Facebook addresses privacy questions about Home – Facebook today shared its answers to common privacy questions users might have about Home, the social network’s latest development for Android. Home is...
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Facebook reports $0.12 earnings per share on $1.458B in revenue for Q1 2013
Facebook today reported $1.458 billion in revenue for the first quarter of 2013 ended Marc 31 — an increase of 38 percent, compared with $1.06 billion in the first quarter of 2012. Earnings per share...
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Facebook roundup: Fortune 500, Waze, Recommendations Bar and more
Facebook breaks into Fortune 500 – Facebook has made its first appearance on the Fortune 500 list at No. 482 this year. The Fortune 500 is a yearly list of top U.S. companies. Facebook ranks sixth out...
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Facebook roundup: IPO anniversary, Glassdoor ratings, HTC First, more
Facebook shares down 31 percent since IPO 1 year ago – Facebook shares closed today at $26.25, up $0.12 from yesterday but down 31 percent since the company’s initial public offering on May 18, 2012....
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Facebook Roundup: Nasdaq, Waze, Activity social plugin and more
Nasdaq fined for Facebook IPO - Nasdaq has been fined $10 million by the Securities Exchange Commission for alleged securities laws violations related to its mishandling of the Facebook IPO. The $10...
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Facebook looks to improve stockholder relations with live webcast
Facebook has announced that it will be holding its first annual stockholder meeting on June 11th. The meeting, taking place at the Westin San Francisco Airport, will welcome shareholders that have...
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Mark Zuckerberg pleads for patience at inaugural Facebook shareholders meeting
Those who own a part of Facebook gathered Tuesday at the company’s shareholders meeting to ask about the future of the company, the direction of Facebook’s stock value, as well as other concerns....
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Facebook to announce second quarter earnings July 24
While it may be too soon to see if the advertising simplification has helped Facebook’s bottom line, it will be interesting to see how the company has done financially in the fiscal second quarter....
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Facebook stock activity roundup: CTO, CFO, CAO offload shares
Shortly before the 4th of July holiday, three prominent Facebook executives sold some company stock. Michael Schroepfer, Facebook’s Chief Technology Officer, sold 45,000 shares for $1,117,152. He also...
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Facebook stock roundup: COO Sheryl Sandberg, other top execs sell shares
A few prominent Facebook executives recently offloaded shares of their company, included newly-minted General Counsel Colin Stretch and Chief Operating Officer Sheryl Sandberg. Sandberg sold 169,756...
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Facebook stock roundup: Execs offload more stock, directors convert shares
A flurry of Facebook executives and members of the company’s board of directors recently sold shares of Facebook or are planning to do so soon. Board members Erskine Bowles, the former co-chair of the...
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Facebook defining itself clearly as a mobile company, impressing Wall Street
Ever since Facebook went public on May 18, 2012, the company has scuffled to prove to investors that it is worthy of praise. With this glowing report of the second quarter of 2013, it appears that...
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Facebook stock roundup: COO Sheryl Sandberg sells shares
Facebook’s stock value is rocketing in light of the company’s glowing second quarter earnings report. Some prominent Facebook employees cashed in, but unfortunately, most shares were sold before the...
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