The former Credit Suisse banker will report directly to CEO Evan Spiegel and head up the social network's strategic vision.
A Chinese banker allegedly posts Weibo pictures of himself at the wheel with captions such as "Is ten beers too much?" The police decide it is, indeed, all too much.
An employee of a German bank is supposed to make a transfer of 62.40 euros, but somehow he falls asleep on the keyboard and continually presses the number 2.
The social network and its underwriters have asked the court to throw out a lawsuit that claims the company misled investors prior to its IPO, Reuters reports.
Plaintiff's petition for discovery sought testimony on whether financial data was withheld from the public to determine whether there were grounds for a case.
Every time, Facebook looked like it would break below the $38 a share initial price, millions of bids showed up. Coincidence?
commentary The horror! Facebook's CEO apparently wore a hoodie to a meeting. Let's face it: He could dress like Thor, wield the fabled hammer Mjolnir in presentations, and they'd still want in on the company's IPO.
Persuading institutional investors to buy into a company still sorting out a mobile strategy has been harder than it seems.
RIM is looking to bring in an adviser to explore strategic options, according to Bloomberg. Can it sell itself before the ship is steady?
Wall Street is super eager for Facebook's upcoming IPO -- and yet Zuck just doesn't seem to want to play nice.