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Facebook CEO, wife pledge to donate 99% of their company shares to charity

Facebook CEO, Marck Zuckerberg, and his wife, Priscilla Chan, announced on Tuesday that they will donate 99% of their Facebook shares “during their lives” to their new charity called the Chan Zuckerberg initiative. The announcement was made on a public

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Last month Facebook CEO Mark Zuckerberg made $3.5 billion

Mandelnews-On the first day of trading in November Facebook‘s stock shot up from $21.08 a share to $28 a share at the end of the day Friday, which is its highest price since July. Zuckerberg, who owns about 504 million

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Facebook shares dip below $29 to new low

Facebook shares have dipped below $29 for the first time since their flotation to a new low. The shares were launched at $38 less than two weeks ago during its high-profile flotation, which valued the firm at $104bn (£66bn). Since

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Facebook boosts number of shares on offer by 25%

Facebook says it will sell 25% more shares than first planned in its flotation in response to strong demand. The move comes one day after the social networking giant said it would raise the price of the shares by 21%

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