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 — 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.