Editor’s note : Charley Moore is a lawyer and the founder of online legal service Rocket Lawyer . Congratulations Facebook! You have made history and changed the world. So, here are some thoughts from one of your biggest fans. Like the rest of the planet, I love Facebook and use it every day. So, there may never be a better time than now, when things are going really well, to add a dose of humility and perspective to the Facebook conversation. Remember the movie Gladiator ? Commodus, the bad...Read Full Story
Mark Zuckerberg may have to sell approximately $1.67 billion of company stock in the Facebook IPO to pay off taxes he’ll end up owing the IRS when he exercises options to buy 120 million shares.
The social network’s CEO will owe taxes on gains related to the award of options, Facebook said this week in its initial public offering prospectus. The options were given to Zuckerberg in 2005 and expire in 2015, and he’ll sell stock to cover liabilities, according to Facebook.
“We expect that...Read Full Story
Release: Sometime in 2012 | Platforms: PC | Overview: Grim Dawn is to be an action role playing game set in the Diablo style with optional co-op play. From the veterans of Titan’s Quest, this game puts you in a war torn world where humanity is caught between two races fighting over it’s existance. One seeks to harvest humans for their bodies and the other is trying to stop them for their own gains. Amidst this turmoil, a few humans have begun to exhibit unknown powers that spark hope in their...Read Full Story
Sculpture of Birds in Flight made from old Guiness cans
Each Monday I teach an art group and each year they enter the competition at the Oriel Mon Gallery , here on the Isle of Anglesey. Each year several of the group have their work accepted but, this year one of the group won the major prize with the work shown here and it has been sold. Others in the group also sold pieces and we’ve all been very excited. Congrats to everybody!!!
Shadows cast by the Birds in Flight
I...Read Full Story
As an addition to the Feria in Boquete they have provided still another parade to Boquetes calendar. This was actually the best of the season, music yes, dancing men yes, dancing ladies of all ages yes and best of all a dancing Mayor.
Manolo Ruiz Alcalde of Boquete, Pole Dancing in the street
One of the great anomalies of Panama is that temperate Boquete is cold enough to the visiting low landers that scarves and gloves are for sale in by street vendors.
His left arm is holding a rack...Read Full Story
As per Facebook's employment agreement with Zuckerberg, his tenure at the social networking giant would be on an "at will" basis, meaning his job can be terminated "at any time for any reason or no reason", either by him or by the company.
The New York Times reported that when Facebook's Mark Zuckerberg exercises billions in stock options he owns, he'll produce a California state tax bill -- that's right, state taxes alone -- of $500 million. That's real money. Indeed, the University of ...
Like the rest of the planet, I love Facebook and use it every day ... What does this have to do with Facebook founder Mark Zuckerberg? Well, according to the $5 billion IPO filing, legal documents give him absolute control over the post-IPO ...
Facebook can terminate services of its chief Mark Zuckerberg at any time for any reason, or even without a reason, but the social networking giant's founder and CEO also enjoys similar exit rights. WASHINGTON: Facebook can terminate services of ...
By Felix Salmon: This is why Mark Zuckerberg was smart to stay in complete control of Facebook and not listen to anybody telling him that a multi-billion-dollar company needed a seasoned, professional CEO in charge. Jack and Suzy Welch are onto something when they diagnose a potential class problem at Facebook, post-IPO. After its IPO, Facebook is going to have two classes of citizens. That’s just reality. Some of its 3,000 or so...
CNN reports that Facebook founder Mark Zuckerberg may be facing a $2 billion tax bill in connection with the company's IPO. CNN reports that the IPO filings indicate that Zuckerberg will be exercising his options on 120 million shares of stock at six cents a share. The stock is now valued at $30 a share. He'll be deemed to have received ordinary income of around $5 billion, hence the $2 billion tax bill. Zuckerberg doesn't have $2 billion in...
After its IPO, Facebook is going to have two classes of citizens. That’s just reality ... There’s a carrot, which as far as I can tell involves Silicon Valley manager-geeks suddenly transforming themselves into motivational speakers.