Facebook Lawsuits

Back-and-forth with regulators before offering included discussions of revenue, acquisitions.

Senh: Zynga makes up 19% of Facebook's revenue for 2011: “Please disclose that revenue from ads shown to users using Zynga apps on Facebook was approximately 7% of your revenue for 2011,” reads the April 10 letter from SEC Assistant Director Barbara Jacobs to Facebook CFO David Ebersman, “and that this is in addition to the 12% of your 2011 revenue derived from payments processing fees related to Zynga’s sale of virtual goods and direct advertising purchased by Zynga.”

Sections:  news   business   
RELATED ARTICLES
BING NEWS:
  • Facebook’s SEC Letters Can Only Help Investors Before IPO
    The agency gives extra attention to companies selling stock to the public for the first time, as Facebook did on May 17. To that end, the SEC pressed ... included Zuckerberg’s control of the company, the importance of game company Zynga Inc. to Facebook ...
    10/9/2012 - 7:30 pm | View Link
  • SEC Pressed Facebook On Zynga, Instagram And Zuckerberg's Control Pre-IPO
    In some of the most recent correspondence — letters dated April 10 and May 1 — regulators requested additional information on Facebook’s relationship with social gaming company Zynga, and its acquisition of Instagram. “Please disclose that revenue ...
    06/15/2012 - 4:06 am | View Link
  • More
BING SEARCH:
  • Opinion
    18 Aug 2016, 6:35pm Comment: Women have won the fight for equality. Now they should use their power to help the boys
    08/22/2016 - 10:25 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News