NEW YORK — Facebook is letting its nearly 1 billion users vote on changes to its privacy policy. The previously announced changes include new sections explaining how it uses people’s information. The updates also reflect recently added features such as a new profile format called Timeline.
SAN FRANCISCO — After years of mortifying missteps, Yahoo Inc. finally has something to boast about: a multibillion-dollar windfall from a savvy investment in China.
NEW YORK — After all the hype, Facebook’s first day as a public company ended where it began. In its much-anticipated debut on the Nasdaq Stock Market, Facebook’s stock closed Friday at $38.23, up 23 cents. It had been priced at $38 per share on Thursday night.
NEW YORK — In one of the largest initial public offerings of stock ever, Facebook said Thursday that it is raising at least $16 billion for itself and its early investors in a transaction that values the world’s definitive online social network at $104 billion.
SAN FRANCISCO — Yahoo still has credibility issues, even after casting aside CEO Scott Thompson because his official biography included a college degree that he never received.
NEW YORK — Facebook, the company that turned the Web social, has set a price range for an initial public offering of stock that values the company at up to $95 billion.
SAN FRANCISCO — Google CEO Larry Page recently wrote that he hopes to show the company is “deserving of great love.” But the Internet search leader may need to win more trust, based on the suspicions swirling around Google Drive, a new online storage service for personal documents, photos and other content.
NEW YORK — AOL’s $1 billion deal to sell and license patents to Microsoft is another in a series of “Antiques Roadshow” moments in the technology world. Faded companies have been rummaging through their assets recently, and some of them have found musty old patents that turn out to be worth a great deal.