Showing posts with label Mark Zuckerberg. Show all posts
Showing posts with label Mark Zuckerberg. Show all posts
July 07, 2017
Thomas Piketty on Capitalism, Corbyn and Why Zuckerberg Is Getting It Wrong - BBC Newsnight
May 25, 2012
Related »
May 23, 2012
THE DAILY TELEGRAPH: Facebook founder Mark Zuckerberg has been sued by the social media network's shareholders over its disastrous IPO.
The lawsuit accuses Mr Zuckerberg, Facebook and several banks led by Morgan Stanley of hiding the company's weakened growth forecasts ahead of its $16bn initial public offering.
The defendants are claimed to have concealed from investors during the IPO marketing process "a severe and pronounced reduction" in Facebook revenue growth forecasts.
The news comes as Morgan Stanley, the bank in charge of the IPO, is being investigated over possible securites fraud.
The US bank has been accused of failing to warn smaller investors of a more negative assessment of Facebook's future profits.
It is claimed that several major investors had been pre-warned that a Morgan Stanley analyst had cut the amount of money he expected Facebook to make. » | Telegraph Staff | Wednesday, May 23, 2012
Related »
April 10, 2012
February 03, 2012
THE DAILY TELEGRAPH: Among the more colourful details of Facebook's 150-page S-1 filing with the Securities and Exchange Commission is a letter from founder Mark Zuckerberg setting out the social network's "mission".
He also sheds light on an arguably tougher goal – to force a change in the behaviour and expectations of publicly listed companies. Mr Zuckerberg is nothing if not ambitious.
"We've always cared primarily about our social mission, the services we're building and the people who use them. This is a different approach for a public company to take," he wrote. "We don't wake up in the morning with the primary goal of making money."
It sounds like a nice philosophy – and a brave attempt to ward off the short-termism that inevitably comes with a life lived on the public market – but in Facebook's brave new world of quarterly reporting, corporate governance procedures and a real-time trial by share price, Mr Zuckerberg might be forced to rewrite his priorities. » | Katherine Rushton, Media, telecoms and technology editor | Thursday, February 02, 2012
January 04, 2011
ZEIT ONLINE: Goldman Sachs bringt sich mit dem Einstieg bei Facebook in eine strategisch günstige Position. Aber ist die Internetplattform wirklich 50 Milliarden Dollar wert?Der Chef der Internet-Plattform Facebook, Mark Zuckerberg, wirbt bei jeder Gelegenheit für mehr Offenheit: "Die Menschen teilen ihre Informationen immer schneller und offener. Das ist die neue soziale Norm." Nur wenn es um die Zahlen seiner Firma geht, gibt sich Zuckerberg verschlossen. Bis heute hat das Unternehmen keine belastbaren Zahlen über Umsatz, Gewinn oder Cash-Flow vorgelegt. Einen Börsengang, der für mehr Transparenz sorgen würde, lehnte Zuckerberg bisher kategorisch ab.
Die Intransparenz schadet ihm offenbar nicht: 500 Millionen Dollar zahlen die Investmentbank Goldman Sachs und der russische Investor Digital Sky Technologies für ein einziges Prozent an Facebook. Damit verdoppelt Zuckerberg sein rechnerisches Vermögen auf knapp 14 Milliarden Dollar. Das Portal, dessen Gründer und oberster Stratege gerade einmal 26 Jahre alt ist, ist auf dem Papier inzwischen 50 Milliarden Dollar wert - mehr als die Deutsche Bank. Weiter lesen und einen Kommentar schreiben >>> Von Rolf Benders | Klaus Stratmann | Ulf Sommer | Christoph Kapalschinski | Hans-Peter Siebenhaar | Dienstag, 04. Januar 2011
Subscribe to:
Posts (Atom)