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America's Top Giver: Mark Zuckerberg

Facebook founder, wife gave $970M away last year

(Newser) - Mark Zuckerberg and his wife, Priscilla Chan, were the most generous American philanthropists in 2013, with a donation of 18 million shares of Facebook stock, valued at more than $970 million, to a Silicon Valley nonprofit in December. The Chronicle of Philanthropy says Zuckerberg's donation was the largest charitable... More »

Is It Doomsday for Facebook Shares?

804M shares held by ex-employees could flood the market

(Newser) - Wall Street's keeping a nervous eye on Facebook shares this morning, which could be in for a really rough day—even by Facebook's standards. Restrictions lift today on 804 million shares held by former employees, meaning the supply of potential shares for sale is about to double, Bloomberg... More »

Employee Dump Day Could Sink Facebook Stock

Market could soon be flooded with shares

(Newser) - Facebook's beleaguered stock price got a reprieve this week after some positive earnings results, but the good times might not last. On Monday, current and former Facebook employees will have their first chance to sell their shares, meaning more than 230 million more shares will suddenly be available, USA ... More »

Facebook: Zuckerberg Won't Sell Shares for a Year

Firm moves to protect share price as it hits new low

(Newser) - Mark Zuckerberg is a much poorer billionaire than he was a few months ago, but he won't be joining the early investors selling off their Facebook shares. Those shares hit a new low of $17.73 yesterday, and the company took steps to assure investors that the slide will... More »

Facebook's 1st Big Investor Dumps His Stock

Peter Thiel's move could be bad news

(Newser) - PayPal founder Peter Thiel, Facebook's first major investor and also a board member, has sold off the majority of his shares. Thiel invested $500,000 in Facebook in 2004, and has made more than $1 billion from that investment, the Wall Street Journal notes. He had already sold some... More »

Facebook Stock Drop 'Painful' for Workers

Mark Zuckerberg admits it's hard on employees

(Newser) - With investors dumping Facebook stock and analysts dumping on the company , employees are feeling the pain. In other words, their plans for a new home or car will have to be put on hold, the Los Angeles Times reports. "People made life plans and calculations," says a Silicon... More »

Facebook Trades Below $20

Stock falls below psychological threshold in wake of earnings

(Newser) - Remember when financial columnist Mark Hulbert suggested that Facebook shares should cost $13.80 ? Well, it's looking more and more likely. Shares dipped below $20 in trading today, at one point hitting $19.90, according to the Wall Street Journal . "There's huge negative sentiment and there... More »

Sinking Stock Pushes Zuck Off Billionaires Index

As of yesterday, he was no longer one of world's 40 richest

(Newser) - As of yesterday, Priscilla Chan was no longer married to one of the world's 40 richest people. Bloomberg reports that Facebook's much ballyhooed drop below the $30-a-share mark yesterday caused Mark Zuckerberg to drop from the list. With the stock closing at $28.84, his fortune decreased from... More »

8 Stories