Not a week went by after Facebook’s supremely hyped, but ultimately lackluster, initial public offering (May 18th) when the company, its IPO underwriters, and even Nasdaq itself had all been sued in court by aggrieved investors. Moreover, three regulating bodies had also begun informal investigations into its entire IPO process: the Securities and Exchange Commission, […]

Facebook’s first two days as a publicly traded company have been ones for the record books, for sure, but they have also been marred by ungainly “technical glitches,” underperformance, and even the reek of what some (John Cassidy) are calling an inside job. Friday, May 18th turned out to be the day tech investors had […]

Eduardo Saverin, one of the four original founders of Facebook, renounced his American citizenship last year, but news of the fact didn’t hit the broadband until last week. Given that Facebook’s big IPO is in its final countdown, a personal public relations quagmire has ensued. It’s assumed he gave up his citizenship to avoid paying […]

If you’re looking for an insider’s view of Facebook, it’s almost here. The 26th of June, Katherine Losse’s The Boy Kings: A Journey Into the Heart of the Social Network will be out in print. Free Press, a Simon & Schuster division, is publishing. Losse is Mark Zuckerberg’s former personal writer. She worked at Facebook […]