Facebook Inc, preparing what would be Silicon Valley’s largest IPO, has picked Nasdaq over the New York Stock Exchange for its listing in a major victory for the technology-laden U.S. bourse, a source familiar with the situation said on Thursday. One of the most coveted stock listings in recent years, Facebook’s choice of its future exchange translates into a relatively small sum in annual listing fees. But it bestows major…

Mark Zuckerberg wants at least $5 billion from Wall Street investors, but those investors will not be getting much face time in return. The Facebook co-founder and CEO made that clear when he skipped the social networking company’s first major briefing for analysts and bankers last week. The meeting was the first of many that will take place in the run-up to an IPO that could value the company at…

Ever since Facebook (FB) announced that the company will have its initial public offering later this year, I have been inundated with requests from friends, relatives, and acquaintances asking how they can buy stock in Facebook on the IPO. These are people who have never talked to me before about investments, and many have never invested before in their life. Normally, if an investor is lucky enough to buy a…

NEW YORK – It is said that it is better to give than to receive. That is not true for the average Facebook user, though. A new study has found that the average user of the world’s biggest online social network gets more than he or she gives. That means more messages, more “likes” and more comments. Yes, even more “pokes”. Behind all that is Facebook’s relatively small group of…

Planning  to buy some Facebook stock when the company goes public? Well, you may already own some shares and not even know it. Especially if you have a mutual fund with T. Rowe Price Associates. Investment research firm Morningstar  reported Thursday that 50 mutual funds have Facebook ownership stakes. Their holdings are relatively small, the firm noted. One mutual fund with a stake in the Menlo Park-based Internet giant is Morgan Stanley…