SAN FRANCISCO (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg admits to being disappointed about his company’s crumbling share price, but argued that Wall Street did not yet grasp the full long-term potential of its slow-growing mobile business.

The 28-year-old co-founder looked confident in his first public appearance since the company’s rocky initial public offering in May, followed by a plunge of almost 50 percent in price. On Tuesday, anticipation ahead of Zuckerberg’s outing helped drive the shares up 3 percent after hours to above $20 (12.44 pounds), building on a 3.3 percent gain in regular trade.

SAN FRANCISCO (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg admits to being disappointed about his company’s crumbling share price, but argued that Wall Street did not yet grasp the full long-term potential of its slow-growing mobile business.

The 28-year-old co-founder looked confident in his first public appearance since the company’s rocky initial public offering in May, followed by a plunge of almost 50 percent in price. On Tuesday, anticipation ahead of Zuckerberg’s outing helped drive the shares up 3 percent after hours to above $20, building on a 3.3 percent gain in regular trade.

SAN FRANCISCO (Reuters) – Google Inc is releasing a new version of its YouTube video app for iPhones that will for the first time feature advertising but won’t have the benefit of being pre-loaded on Apple Inc’s popular smartphones.

The new YouTube app will be available for download at Apple’s App Store beginning on Tuesday, Google said in a blog on the company website on Tuesday.

SAN FRANCISCO (Reuters) – Google Inc is buying the Frommer’s line of travel guidebooks, the latest move to amass a trove of publishing content that could strengthen the No. 1 Internet search company’s push to become a major online travel broker.

The sale by John Wiley & Sons Inc (JWa.N: Quote, Profile, Research, Stock Buzz) comes nearly a year after Google’s $151 million purchase of Zagat Survey, which offers reviews of restaurants, hotels and nightclubs in cities around the world.

SAN FRANCISCO, Aug 2 (Reuters) – Facebook (FB.O: Quote, Profile, Research) shares
crumbled again on Thursday, sending the once-feverishly
sought-after name below $20 for the first time as investors
scrambled to get out of the way of a potential share deluge in
coming weeks.

Thursday marked a five-day losing streak for the stock.
Facebook has shed almost $50 billion in value since its debut –
more than the total valuation of Hewlett-Packard Co or Starbucks
Corp. The stock debuted at $38 and has headed south since,
pummeled by growing doubts about its lofty valuation, growth
prospects, high-profile departures.

SAN FRANCISCO (Reuters) – Shares of Facebook Inc (FB.O: Quote, Profile, Research) dipped below $20 for the first time on Thursday, pummeled by ongoing doubts about its growth prospects, a string of recent executive departures, and the August 16 expiration of a lockup period on insiders’ share sales.

The stock hit a low of $19.82 in heavy trading on Thursday afternoon. It has now lost almost half its value since debuting at $38 in May in the largest IPO ever to emerge from Silicon Valley.

SAN FRANCISCO, Aug 2 (Reuters) – Shares of Facebook Inc
(FB.O: Quote, Profile, Research) dipped below $20 for the first time on Thursday, pummeled
by growing doubts about its growth prospects, a string of recent
executive departures, and the Aug. 16 expiration of a lockup
period on insiders’ share sales.

The stock hit a low of $19.91 in heavy early afternoon
trading. It has now lost almost half its value since debuting at
$38 in May in the largest IPO ever to emerge from Silicon
Valley.

SAN FRANCISCO, July 26 (Reuters) – Facebook Inc (FB.O: Quote, Profile, Research)
reported a drastic slowdown in revenue growth and failed to
offer financial forecasts to quell fears about its ability to
boost advertising growth, sending its shares plummeting to a
record low.

In its inaugural earnings report since becoming the first
American company to debut with a value of more than $100
billion, Facebook reported revenue increased 32 percent in the
second quarter to $1.18 billion, in line with average forecasts.

SAN FRANCISCO, July 26 (Reuters) – Facebook Inc’s
revenue increased 32 percent in the second quarter, as the
social networking company said its number of users had grown to
955 million.

Shares of Facebook, which went public in a rocky initial
public offering in May, were down 6.1 percent at $25.20 in
after-hours trading on Thursday.

SAN FRANCISCO, July 26 (Reuters) – Facebook Inc’s
revenue increased 32 percent in the second quarter, as the
social networking company said its number of users had grown to
955 million.

Shares of Facebook, which went public in a rocky initial
public offering in May, were down 6.1 percent at $25.20 in
after-hours trading on Thursday.