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Director Peter Thiel sells most of his stock in the social networking site after the end of the first lockup period.
Early investors of the social networking site appear to be cashing in during their first chance to sell their stock, causing an all-time low in the market.
The world's no.1 social-networking site performs as predicted but still faces concerns from worried investors.
The Federal Trade Commission's scrutiny of Facebook's USD $1 billion acquisition of Instagram delays the deal, amid doubts over the high valuation.
Top Xero executives sell USD $5 million in shares to welcome new investors, including MYOB co-founder Brad Shofer, without diluting current holdings.
LinkedIn reports over 100% growth in revenue for Q4, with $167.7m earned compared to $81.7m in 2010. Shares rise 9%.
Security firm AVG plans to raise up to USD $125 million through an IPO on the New York Stock Exchange, after a prosperous year for tech IPOs.
HP shares plummeted to USD $23.60 as investors panic over the company's drastic strategic shift, casting doubt on its future prospects.
The sale of InterDigital, holder of 8800 patents, is delayed to September after Google's unexpected USD $12.5 billion acquisition of Motorola Mobility.
Incoming lukewarm reviews for Electronic Arts' just-released shooter have sent the company's share price sliding by 6%.
Apple overtakes Microsoft as rising shares push its value to $227.1bn, marking a major Silicon Valley turnaround, analysts say.
The Commerce Commission has halted its investigation into Chorus's copper service pricing, now pondering a suitable pricing regime for the ageing tech.
Telecom and Chorus shares rose on their NZX debut as separate entities, with Chorus up 11.26% to NZD $3.27 and Telecom rising 4.28% to NZD $2.02.
SmartPay closes RPS offer, looks offshore for funding to offset debt. Company says NZ market lacks appetite for offer.
Cabinet approves NZD $300 million rural broadband plan; Telecom warns of up to NZD $56 million annual EBITDA impact, shares dip to $2.17.
