logo
  

Zuckerberg Marries Long-time Girlfriend Priscilla Chan

Mark Zuckerberg, founder and chief executive of Facebook Inc. (FB), married long-time girl friend Priscilla Chan, thus ending a busy week that saw the stock market debut of the social networking giant.

The marriage to Chan, 27, was conducted at Zuckerberg's home in Palo Alto, California. Zuckerberg, who turned 28 this week, apparently designed the wedding ring, which was a "simple ruby."

Chan graduated from medical school on Monday and the guests were under the impression that they were going to Zuckerberg's home to celebrate her graduation.

The couple met at Harvard nine years ago and later moved to California, where Facebook is head-quartered.

Facebook's IPO, the largest ever for an internet company, raised $16 billion, giving it a market valuation of $104 billion, higher than that of Yahoo, Dell, Cisco, Visa, Amazon.com and HP.

The stock opened at $42.05 on Friday, about 11 percent higher than the listing price of $38, and moved in a range of $38.00 - $45.00 before closing at $38.23 on a volume of 580.59 million shares.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Flavor maker McCormick & Co., Inc. is recalling certain McCormick and Frank's brand seasoning products citing possible salmonella risk, the U.S. Food and Drug Administration said. The recall involves McCormick Perfect Pinch Italian Seasoning, McCormick Culinary Italian Seasoning and Frank's RedHot Buffalo Ranch Seasoning. Drug major Pfizer Inc. raised Wednesday its outlook for fiscal 2021 earnings and revenues following strong second quarter results that exceeded market estimates. According to the company, the upward revision in full-year outlook, for the second quarter in a row, reflects its updated expectations for contributions to 2021 performance from both BNT162b2, the Pfizer-BioNTech SE COVID-19 vaccine. While reporting financial results for the second quarter on Wednesday, biopharmaceutical company Bristol-Myers Squibb Co. (BMY) reaffirmed its adjusted earnings and revenue growth guidance for the full-year 2021. For fiscal 2021, the company now projects earnings in a range of $3.18 to $3.38 per share,...
Follow RTT