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May 24th, 2012

NEW YORK (AP) — Facebook’s initial public offering is the subject of two congressional inquiries and mounting lawsuits as the social network enters its fifth day of public trading. (more)

May 24th, 2012

NEW YORK (AP) — Wall Street appears bent on convincing Main Street that the game is rigged. (more)

May 23rd, 2012

WASHINGTON (AP) — Two congressional panels are reviewing Facebook’s high-profile stock offering last week amid allegations that the bank handling the IPO may have provided only select clients with a negative assessment of the company. (more)

May 23rd, 2012

Facebook stock has been on the market for less than a week and the company is already facing a lawsuit. (more)

May 22nd, 2012

NEW YORK (AP) — Facebook is close to settling a lawsuit over advertisements it calls “sponsored stories.” (more)

May 22nd, 2012

Facebook’s stock opened Tuesday at $32.59 per share, down on its third trading day from its $45 high on Friday, the first day of its rocky entry into the stock market. (more)

May 21st, 2012

This week Facebook’s IPO made founder and CEO Mark Zuckerberg’s stake in his company worth more than $16 billion. (more)

May 21st, 2012

NEW YORK (AP) — Facebook was supposed to soar. Instead, it plunged. (more)

May 20th, 2012

NEW YORK (AP) — The CEO of the Nasdaq stock exchange says it is “humbly embarrassed” by its bungling of Facebook’s hugely anticipated debut as a public company on Friday. (more)

May 20th, 2012

When Facebook co-founder Eduardo Saverin renounced his citizenship and moved to Singapore to avoid potentially paying tens of millions of dollars in taxes on gains he made from Facebook’s initial public offering last week, some on the right suggested it is time to take a closer look at the country’s system of taxation. And some on the left have suggested it is time to look at a way to impose taxes on people like Saverin. (more)

May 20th, 2012

SAN FRANCISCO (AP) — A day after the historic Facebook IPO, founder and CEO Mark Zuckerberg updated his status Saturday to “married.” (more)

May 19th, 2012

NEW YORK (AP) — The metaphor is an easy one, overused and perhaps even a bit overwrought. We are forging forward into a digital frontier, leaving convention behind, traveling without guides into an uncharted virtual land where progress and profits are forever around the next bend. (more)

May 18th, 2012

Eduardo Saverin, the Facebook co-founder whose strained relationship with Mark Zuckerberg was popularized by the 2010 Aaron Szorkin film, “The Social Network,” offered his congratulations to his former partner on Facebook’s IPO Friday. (more)

May 18th, 2012

Today, Facebook finally went public. Its initial public offering (IPO) is the capstone of its amazing ascent, which changed the way the world communicates. (more)

May 18th, 2012

Facebook Inc. (FB), the social network operator whose shares began trading today, was sued for $15 billion in an amended complaint by subscribers who claim the company invaded their privacy by tracking their Internet use. (more)

May 18th, 2012

On Andrea Mitchell’s MSNBC show Friday, U2 front man Bono dismissed earlier reports that Facebook’s IPO will turn his $90 million investment into $1.5 billion. (more)

May 18th, 2012

NEW YORK (AP) — Facebook is trading below its opening price in its debut on the Nasdaq Stock Market. (more)

May 18th, 2012

New York Democratic Sen. Chuck Schumer, silent about the Senate’s inability to pass a budget after three years, is working overtime to pass a bill targeting Facebook co-founder Eduardo Saverin. (more)

May 17th, 2012

NEW YORK (AP) — Don’t try to friend MaLi Arwood on Facebook. You won’t find her there. (more)

May 16th, 2012

NEW YORK (AP) — Responding to extraordinary demand, Facebook said Wednesday that it would sell more stock in the company’s initial public offering. But ahead of the IPO, a debate emerged between two of the nation’s largest automakers: Does it pay to advertise on the social network? (more)

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