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Zuckerberg's Hoodie: Gleeful Snub to Wall Street?

One analyst thinks it's a 'mark of immaturity'

(Newser) - On the first day of Facebook's IPO roadshow yesterday, Mark Zuckerberg showed up to a meeting with potential investors wearing a hoodie—a wardrobe choice that one Wall Street analyst says is a glaring "mark of immaturity," reports Bloomberg . "He’s actually showing investors he doesn’...

Principal Faked Facebook Account to Spy: Student
Principal Impersonated
Teen on Facebook to Spy
says student

Principal Impersonated Teen on Facebook to Spy

Louise Losos resigns amid controversy after former student makes claim

(Newser) - A Missouri high school principal resigned last week, one month after she was first accused of impersonating a student on Facebook so she could spy on students and parents online. The profile for "Suzy Harriston" claimed she was from Clayton; many of her 300 Facebook friends were from Clayton...

Facebook&#39;s Organ Donor Push Should Go Further
Facebook's Organ Donor Push Should Go Further
OPINION

Facebook's Organ Donor Push Should Go Further

Nation needs more living donors to step forward: Sally Satel

(Newser) - Facebook did a wonderful thing when it made it easy for people to register as organ donors upon death, writes Sally Satel at Bloomberg View . The number of future donors surged, and it looks to be more than a fleeting spike. The problem is that it's not nearly enough,...

Facebook's IPO Roadshow Off to a Frustrating Start

Things got off to a late start because Zuckerberg was ... in the bathroom?

(Newser) - Facebook kicked off its IPO roadshow yesterday, and while some elements of day one were perfectly predictable—Mark Zuckerberg showed up in a hoodie and sneakers—others were a little more frustrating. Things began an hour behind schedule, Zuckerberg showed up late to the Q&A ( CNBC's explanation:...

New End-of-Life Planning: Social Media Wills

Feds want you to plan what happens to your online profile

(Newser) - Social networking has already changed our lives; now, officials want us to consider its implications after our death. On its blog, the US government is calling on Americans to create "social media wills," which detail our wishes for the future of the huge range of online accounts we...

Zuckerberg to Pocket $1B in Facebook IPO

He's selling 30.2M shares, the second-most anyone is offloading

(Newser) - You know what's cool? A billion dollars. And that's about how much Mark Zuckerberg will be taking home when Facebook finally goes public. The CEO plans to sell off 30,200,000 of his own shares, grabbing somewhere between $845 million and $1.2 billion, according to a...

10 Biggest Internet IPOs
 10 Biggest 
 Internet IPOs 

10 Biggest Internet IPOs

Google, Yandex lead the way, but Facebook will trounce them

(Newser) - Facebook hopes to raise as much as $13.6 billion in an initial public offering of stock, probably in mid-May. It would be the largest IPO ever for an Internet company. Here are the top 10, according to Renaissance Capital, an IPO investment adviser:
  1. Google: $1.67 billion, 2004
  2. Yandex
...

Facebook IPO: Not Quite $100B

Shares to be $28 to $35, putting value at $96B max

(Newser) - With Nasdaq trading likely to begin in weeks, Facebook has revealed pricing figures: It's planning to sell shares for between $28 and $35, which would put the company's value at $77 billion to $96 billion—the highest ever for a web firm during its IPO, the Wall Street ...

Everybody&#39;s Lying on Facebook

 Everybody's Lying on Facebook 
SURVEY SAYS

Everybody's Lying on Facebook

One-quarter of survey respondents admitted to altering their info

(Newser) - How to protect your privacy on Facebook? For an increasing number of users, the answer is simple: Lie. A quarter of respondents in a new Consumer Reports study admitted that they “alter personally identifiable information,” such as birthdate, on Facebook. Technically, that’s a violation of the social...

Facebook, Google Could Fall Apart
 Facebook, Google 
 Could Fall Apart 
OPINION

Facebook, Google Could Fall Apart

Eric Jackson says the web's top companies never seem to last

(Newser) - Right now, Google and Facebook seem invincible, but in five to eight years they could well be gone, argues Eric Jackson in Forbes . "Not bankrupt gone, but MySpace gone." After all, it's happened to loads of web giants before them. The more you look at the Internet,...

Facebook IPO Set for May 18
 Facebook IPO Set for May 18 

Facebook IPO Set for May 18

Insiders say roadshow to start Monday

(Newser) - Facebook plans to begin a roadshow to pitch its stock to investors on Monday, clearing the way for an initial public offering on May 18, sources tell the Wall Street Journal . Mark Zuckerberg plans to appear at some meetings but other top Facebook execs will be handling most of the...

How to Be a Good Facebook Friend

 How to Be a Good 
 Facebook Friend 
new study

How to Be a Good Facebook Friend

Rule No. 1: Respond

(Newser) - Want to avoid losing friends on Facebook? LiveScience offers some tips gleaned from a recent study:
  • Respond to posts: If someone posts on your wall, reciprocate. The study found this to be the single most important factor in a successful Facebook friendship.
  • Cool it with the photos: Don't post
...

Facebook's Next Frontier: Your Organs

Zuckerberg says donation push inspired by his girlfriend, Steve Jobs

(Newser) - Facebook is all about sharing, and now Mark Zuckerberg wants you to take that to the next level by sharing, say, your kidney. Starting today, Facebook will allow users to post to their timelines that they are organ donors, and provide an easy link to sign up with official organ...

Billionaire Facebook Co-Founder Shuns Luxury

Dustin Moskovitz has a new startup

(Newser) - Facebook co-founder and former Mark Zuckerberg roommate Dustin Moskovitz is by many accounts the world's youngest self-made billionaire. But the 27-year-old isn't sipping champagne in the Caribbean. Instead he's thrown himself back into San Francisco's startup mix, even as Facebook's looming IPO seems likely to...

ACLU Backs Girls Expelled for Facebook 'Death Threats'

Chat was just 'teenage banter,' says lawyer

(Newser) - Genuine death threats don't tend to come with "LOL" and a smiley face attached, notes the ACLU, which has filed a lawsuit on behalf of three expelled eighth-graders in Indiana. The 14-year-old girls were kicked out of school for a Facebook conversation in which they talked about which...

Teen Sues Facebook Tormentors for Libel

She turns to court after school, police, Facebook can't help

(Newser) - When a 14-year-old girl in Georgia discovered a phony—and degrading—Facebook page created in her name, she went to her school, the police, and even Facebook itself without much luck. The page stayed up, and its creators went unpunished. As a result, Alex Boston is now suing two classmates...

40K Norwegians Sing Song Breivik Can't Stand

They gather outside Oslo courthouse

(Newser) - Anders Behring Breivik hates the Norwegian song "Children of the Rainbow"; he says it's a Marxist anthem. So 40,000 Norwegians, inspired by an Internet campaign, gathered in rainy Oslo today to belt out the tune near the courthouse where Breivik is being tried, AFP reports. The brightly-clad...

Marine Who Bashed Obama on Facebook Is Discharged

Gary Stein is out after saying he wouldn't follow president's orders

(Newser) - A sergeant who criticized President Obama on Facebook is getting booted out of the Marines. Sgt. Gary Stein will get an other-than-honorable discharge and lose most of his benefits, the Corps said today. Among other things, Stein wrote, "Screw Obama and I will not follow all orders from him....

Guess How Much Facebook Makes Off You?

A little less than 5 bucks, according to their latest earnings

(Newser) - Ever wonder how much money you're worth to Facebook? Earlier we reported that the social network supreme had a really lousy quarter , but Tech Crunch dug deeper into the numbers and did this interesting bit of math: Facebook reported having 901 million users and $1.058 billion in revenue....

Facebook Reports Lousy Q1 Ahead of IPO

Revenue and profit dip, scaring analysts

(Newser) - People planning on snapping up Facebook shares in its upcoming IPO got a nasty surprise as the company announced its first quarter-to-quarter revenue and profit slide in at least two years. Facebook blamed the drop on seasonal advertising trends, but "it was a much faster slowdown than we would...

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