shares

NASDAQ To Compensate Facebook IPO Losers

NASDAQ To Compensate Facebook IPO Losers

After openly admitting that it screwed up over Facebook’s IPO, NASDAQ is now planning to compensate those who made a loss when their systems failed to allow trades to take place.

Facebook Will Offer Up 50 Million More Shares Than Expected

Facebook Will Offer Up 50 Million More Shares Than Expected

Facebook has announced that it will be selling an extra 50.6 million shares, at a price likely to fall between $US34 and $US38 per share, reports TechCrunch. That should snag them at least another $US13.1 billion — and probably push their final valuation north of the expected $US100 million.

Zuckerberg Buys Facebook Control, $100 A Time

Zuckerberg Buys Facebook Control, $100 A Time

Now Facebook’s IPO is filed, soon anybody will be able to buy a piece of a Facebook. But going public won’t stop Zuckerberg having control — especially given that he buys out the voting rights of current shareholders, $US100 at a time.