Faceboook CEO and co-founder Mark Zuckerberg has decided to pay himself only $1 and waive bonuses this year, according to the company’s latest SEC filing. But he’s not going bankrupt anytime soon.
After the social networking company filed for its initial public offering (IPO) last year, the chief executive officer exercised 60 million stock options worth almost $2.3 billion.
Half of the stock sold to cover tax payments, Zuckerberg still sits atop another 60 million stock options …

The real Facebook Phone people talked about these past few years is not a piece of hardware. And a struggling smartphone maker managed to be the first to release it.
Contrary to popular belief (mostly leaks from unnamed sources), the Facebook Phone is actually a software called Facebook Home.
Facebook CEO and co-founder Mark Zuckerberg himself spoiled rumors of the world’s largest social network’s releasing a mobile device during the event held at the Facebook HQ, where he unveiled …

Paul Ceglia’s fight for a large stake in Facebook may soon be nearing its end as a federal judge has proposed that his lawsuit against the world’s largest social network be dismissed.
The recommendation came from U.S. Magistrate Judge Leslie Foschio on Tuesday, according to a report from Reuters.
Ceglia has been claiming he owns half of Facebook based on a transaction between him and Facebook cofounder and CEO Mark Zuckerberg in 2003.

The New York wood chip salesman says Zuckerberg agreed …

True to expectations, Facebook unveiled changes to its drawing card. Its latest attempt to address complaints from users who think the social network has turned into a flat pile of online content, with random photos cluttered all over the website.
In an announcement and a succeeding blog post on Thursday, Facebook uncovered new controls to organize into sections the streams of photos and content on its News Feed.
Facebook co-founder and CEO Mark Zuckerberg said he is optimistic that this will …

Forbes has released its annual list of the world’s richest people, most of which are billionaires. The highly anticipated roster arrived on Monday, naming the world’s 1,426 billionaires.
Facebook’s founders not only topped the list of the world’s youngest billionaires (self-made or inherited) under 40 years old, but the social network also had the most entries in this list.
More than nine years since they founded the company out of their Harvard University dorm room, …

Randi Zuckerberg – sister of Facebook co-creator, CEO and billionaire Mark Zuckerberg – flipped out on Twitter recently.
Why? Because someone had the nerve to publicly share a family photo the lady Zuckerberg wanted to be for friends’ eyes only.
She even thought it was the opportune time to lecture people about “human decency”.
On Twitter, Randi Zuckerberg said:
Digital etiquette: always ask permission before posting a friend’s photo publicly. It’s not about …

Mark Zuckerberg has announced that he has donated $500 million in Facebook stock to a charity in Silicon Valley.
The announcement was characteristically made by the Facebook cofounder, CEO and billionaire in a post on his Facebook profile.
The donation was made out to the Silicon Valley Community Foundation headquartered in South El Camino Real, San Mateo, California.
At the time the massive donation consisting of 18 million Facebook shares was announced, the total donation was valued at about …

Authorities have charged and arrested Paul Ceglia, the man who has sued Facebook cofounder and CEO Mark Zuckerberg claiming he owns half of Facebook.
Authorities are charging Ceglia, 39, of trying to defraud Facebook by falsifying documents and destroying evidence.
He faces a charge each for wire fraud and mail fraud which could land him 40 years in prison if proven guiolty.
The man was arrested at his Wellsville, New York home on Friday as authorities filed a 13-page complaint against him at …

Facebook cofounder and CEO Mark Zuckerberg shared some big news today: the social network he led to become the world’s biggest social network has passed the 1 billion users milestone.
In a statement posted on the Facebook newsroom, Zuckerberg thanked all Facebook users for giving him and his “little” team “the honor of serving you”.
If you want to split hairs, Facebook says it reached 1 billion active monthly users on September 14 at 12:45 PM Pacific time.
The young CEO’s full …

Facebook CEO Mark Zuckerg sought to pacify investors in his first public appearance since the dismaying May Facebook IPO. He admitted to having been disappointed in the dismal performance of the No. 1 social network site’s shares, adding that Wall Street was yet to understand and fully grasp the immense potential of its mobile business. Zuckerberg was speaking at the TechCrunch Disrupt Conference in San Fransisco on Tuesday 11th Sept in a 30-minute address to investors and techies. He hinted …