zuckerberg

How Facebook quickly took over the Web

Facebook is on its way to 1 billion users with an IPO around the corner. Not bad for a company with its roots in a Harvard dorm room.

But how did it achieve its grip on the global market? New findings from Nielsen offer a peek into some key milestones for the social network.

Facebook's user base currently numbers more than 900 million. But it's also one of the most visited Web sites in the world, according to Nielsen.

The site received around 152 million unique visits from people in the U.S. in March, which means that … Read more

It's a Facebook backlash. Wow, that was quick!

Dear Facebook:

America is over you and your hot IPO. Already. We're a fickle bunch.

Half of us think you're a fad, particularly the older folks, according to a poll from the Associated Press and CNBC. General Motors just announced it was going to stop advertising with you because it couldn't see how its Facebook ads were being effective. And the rest of us, well, we're still rip-snorting angry that co-founder Eduardo Saverin is giving up his U.S. citizenship so he doesn't have to pay taxes on the billions he's about to make … Read more

Unfriend: What drove Zuck to fire Saverin

There's an interesting, detailed piece in Business Insider this morning about the various fireable infractions that Facebook CEO Mark Zuckerberg felt co-founder Eduardo Saverin committed during Facebook's launch.

While TheFacebook was moving out of the Harvard dorm room where it started, Saverin, who had bankrolled some of the company's expansion, was responsible for the money side. Zuckerberg felt he himself didn't have a head for business, and left it to Saverin.

But when the social network began to take off, and Zuckerberg got into money-raising talks with California investors, Saverin -- who had taken an internship … Read more

Facebook is a fad, say half of people polled

Facebook has more 900 million users as it prepares to launch a new IPO this week. But a fair number of people aren't too excited about the popular social network.

Half of the 1,000 people polled by the Associated Press and CNBC called Facebook a passing fad. A majority of those surveyed (51 percent) have a favorable impression of the company, while 23 percent have an unfavorable opinion.

But in light of the upcoming IPO, the survey focused more on Facebook's value as an investment.

Half of those polled believe the initial asking price is too high, … Read more

Why Box.com is king of enterprise cloud storage

LOS ALTOS, Calif.--It may be known to some as the Dropbox-for-the-enterprise, but Box.com could be forgiven for insisting on its own identity.

With more than 120,000 customers, including 82 percent of the Fortune 500, the company has made a name for itself as one of the leaders in the enterprise cloud storage and data management space. And though Box.com has Microsoft, and more recently, Google breathing down its neck, CEO Aaron Levie doesn't appear the least bit nervous.

That may be because the company has spent seven years building its business and solidifying a technology … Read more

After Facebook IPO, Zuckerberg's hardest test awaits

The clock is about to start ticking.

When Facebook goes public later this week -- potentially commanding a lofty valuation of more than $100 billion out of the gate -- the demands on the 28-year-old Mark Zuckerberg will far outweigh any sartorial silliness about what he should or should not wear.

Not that there is any immediate pressure to perform for Wall Street given the understandable excitement about the huge number of people using Facebook every month -- a customer base now approaching some 15 percent of the world's population. But honeymoons for newly public companies only last so … Read more

Facebook to reportedly boost IPO price range

Some market reports suggest Facebook may bump up its expected IPO share-price range by roughly 20 percent, possibly as early as tomorrow.

Just over an hour ago, CNNMoney markets writer Maureen Farrell tweeted that an unnamed source told her Facebook's underwriters will raise its initial offering price to a range of $35 to $40 tomorrow (h/t VentureBeat). A week and a half ago, Facebook said it planned to offer shares at a price between $28 and $35.

At the upper end of that whispered new range, Facebook would be worth $108 billion. And then everyone who's been … Read more

Forget New York: Zuckerberg reportedly set to celebrate with staff at HQ

Mark Zuckerberg is going to forgo the Nasdaq photo op to hang with his troops at Facebook headquarters when the company goes public on Friday.

That's the latest word on Zuckerberg's plans, coming from the Wall Street Journal. The Journal says that Zuckerberg has changed his plans and now doesn't plan to ring Nasdaq's opening bell at its market site at Times Square.

Facebook had been planning a celebration of sorts at its sprawling headquarters in Menlo Park, Calif., and now apparently Zuckerberg will be joining the festivities, beginning at 6 a.m. The Journal says … Read more

Everything you need to know about the Facebook IPO (FAQ)

If you're not already talking about the Facebook IPO, you soon will be.

The social networking behemoth is set to go public in one of the largest initial public offerings in history on Friday. The event marks the rare intersection of Wall Street financial geeks, Silicon Valley techies, and everyone in between that uses the networking service. Given Facebook's ubiquitous nature, expect everyone and their uncle to have an opinion on it.

Haven't caught up on the latest news and speculation on Facebook? That's what we're here for. The following is a guide walking you … Read more