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Winnipeg Free Press - PRINT EDITION
Facebook gets vote of confidence
MENLO PARK, Calif. -- Netflix Inc. CEO Reed Hastings gave his thumbs-up to Facebook by buying about $1 million worth of its stock.
Hastings is a Facebook board member and the first insider at the social media company to disclose buying its stock since its initial public offering in May.
Facebook's stock has fallen nearly 45 per cent since it first sold public shares to investors at $38. It was one of the most anticipated IPOs, but investors have been questioning its ability to keep increasing its revenue.
-- The Associated Press
Republished from the Winnipeg Free Press print edition August 11, 2012 B6
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DOJ again asks NY appeals court to delay lifting age restrictions in morning-after pill case
9:05 PM 0NEW YORK, N.Y. - Department of Justice lawyers filed court papers Friday again asking a federal appeals court to delay ...
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