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Mark Zuckerberg, Morgan Stanley Sued Over Crappy Facebook IPO

Adrian Chen · 05/23/12 09:37AM

Facebook's stock continues to perform more embarrassingly than your grandmother on Facebook. Now Facebook's disastrous IPO has descended, predictably, into a morass of lawsuits as investors scramble to recover their losses. This is so much more fun than marveling at how rich Mark Zuckerberg is!

The Facebook IPO Was an Inside Joke

Adrian Chen · 05/22/12 04:55PM

Facebook's stock continues to suck harder than a Northwestern University freshman on a 5-foot bong in his profile pic. And the fallout from the most hyped IPO in history bursts not just the illusion that Facebook is actually worth $100 billion, but the idea that Facebook is different than any other corporation hell-bent on making as much money as possible for a handful of very wealthy people.

Facebook's Stock Tumbles Harder Than a Drunk Bro In a College Sophomore's Facebook Album

Adrian Chen · 05/21/12 01:10PM

If Facebook's IPO on Friday was a one-day Web 2.0 Gold Rush, then today is when the prospectors realize all the gold has already been taken out of the rivers and start getting trashed on moonshine and move to San Jose to open a shoe store. After a disappointing day of trading on Friday, Facebook's stock tumbled 13 percent today, falling below its opening price on Friday of $42.

Ukrainin' Men: How American Men Are Using the Russian Facebook to Find Brides

Adrian Chen · 05/15/12 02:00PM

A few weeks ago, I created a profile and logged onto VKontakte, the most popular Russian-language social network. I entered some personal information, uploaded an especially flattering picture of myself, then used the search function to find all single women between 25 and 35 in Ukraine who were online at the moment — around 7:30 p.m. Ukraine time. There were more than 10,000 available, all sorted by a rating system which seemed to be directly proportional to the amount of pictures a woman had posted of herself in a string bikini, and how good she looked in said bikini.

The Facebook IPO Frenzy Turns Depressing

Adrian Chen · 05/15/12 09:41AM

Perhaps you've heard that Facebook is going public this week in a massive IPO that values the company at over $100 billion. There's an apocalyptic air about the frenzy to be the first to invest in Facebook, as if this is the last chance we'll ever have to throw our money into an overhyped tech company stock. And here is a story that perfectly captures the dread and sadness I feel when confronted with so many people's boundless money-related optimism.

It's Mark Zuckerberg's 28th Birthday

Adrian Chen · 05/14/12 09:04AM

Boy King Mark Zuckerberg turned 28 today, striking fear and loathing into the hearts of everyone who is not a 28-year-old billionaire. Facebook will go public this week in an IPO that could value the company as high as $100 billion.

Will Facebook Crush an Anonymous Social Network?

Adrian Chen · 04/24/12 05:53PM

If Facebook had its way, nothing on Earth would be called a "book" without its explicit permission. Now, Mark Zuckerberg's Big Blue Death Star is setting up for a potential trademark showdown with Anonybook, an Anonymous-themed social network with a familiar name.

Jon Stewart Is Baffled By Google Glasses and Facebook Buying Instagram

Matt Toder · 04/10/12 10:37PM

On tonight's Daily Show, Jon Stewart recapped two big tech stories that recently broke: Google's announcement about their Google Glasses product and Facebook buying Instagram for one billion dollars. Stewart doesn't quite get any of it - to him, Google Glasses are unnecessary and Instagram ruins pictures. He's not necessarily wrong, but he is definitely old.

Facebook Bought Instagram for $1 Billion

Ryan Tate · 04/09/12 01:15PM

In by far its largest acquisition to date, Facebook said it will buy photo-sharing service instagram for $1 billion, or about $100 million per Instagram employee. At last, the world will be blessed with a fresh gigantic explosion in Instagram-manipulated pics.

Employers Care About Your Facebook Page Way Less Than You Do

Caity Weaver · 03/27/12 08:45PM

The droning chorus of warnings about how prospective employers check your Facebook page so don't put up any pictures of you taking shots or holding up a convenience store and would you please unlike MaggieMoo's, it's embarrassing has grown particularly loud over the past few days.