Co-founder and CEO Mark Zuckerberg isn’t the only top Facebook executive involved in real estate deals, as Forbes reported that chief operating officer Sheryl Sandberg and her husband, SurveyMonkey CEO Dave Goldberg, sold their home in Atherton, Calif.
More details have emerged on Facebook co-founder and CEO Mark Zuckerberg’s purchases of real estate on Kaua’i’s North Shore in Hawaii, as sources confirmed to Forbes that Zuckerberg shelled out more than $100 million for two adjacent parcels of land, encompassing more than 700 acres.
Facebook Ireland turned a gross profit of €1.79 billion ($2.45 billion) in 2012, but it reported a pre-tax loss of €626,000 ($857,243). This may sound sketchy, but the company was fully compliant with the law. Financial Times explained how this happened.
Final Approval Granted For Facebook’s $20M Settlement Of Class-Action Lawsuit Over Users’ Images In Sponsored Stories
U.S. District Court Judge Richard Seeborg granted final approval to Facebook’s $20 million settlement of class-action lawsuit Fraley et al vs. Facebook Monday, which was filed regarding the use of users’ images in sponsored stories, wrapping up proceedings that started in 2011.
Could the Fraley et al vs. Facebook class-action lawsuit over the use of users’ images in sponsored stories finally come to an end Friday? If U.S. District Court Judge Richard Seeborg grants his final approval to the settlement reached between the social network and the plaintiffs, the suit, which was originally filed in 2011, may hear its final gavel.
Florida-based fund manager and former Oregon gubernatorial candidate Craig Berkman pleaded guilty Tuesday to defrauding investors by promising them access to nonexistent Facebook shares prior to the social network’s initial public offering in May 2012, Reuters reported.
Dishonesty appears to be a theme this Friday, but in this case, Facebook nipped the potential for dishonesty in the bud, removing ads from a firm known as Paladin Deception Service following a tip (via tweet) from Jeff Bercovici of Forbes.