Baby Sold on Facebook

A businessman in India was recently caught as he attempted to buy a stolen baby on Facebook.

The man paid 800,000 rupes, or approximately $14,749, for the child. The kidnapped baby was being sold because of actions taken by the newborn’s grandfather.

According to local authorities, Feroz Khan kidnapped his grandson from the boy’s mom in Ludhiana, Punjab, India The grandfather told his daughter that her child was stillborn. The grandfather then sold the baby to a nurse who sold the child to a lab technician.

Facebook interns earn a monthly salary of at least $6000

According to salary information collected by Glassdoor.com, the average monthly pay for a software engineer intern at Facebook is reported to be over $6,000.

On average, 20 U.S. Facebook software engineer interns who reported their earnings on the online career information sharing community averaged a monthly salary of $6,225. Another six Facebook software engineer interns reported earnings that averaged $6,883 monthly.

Glassdoor.com's data further breaks down across U.S. cities in which Facebook's offices are located. At the Menlo Park, Calif., headquarters, the reported average income a software engineer intern pockets comes in at $5,800 a month.

Facebook spokespeson Slater Tow stated that in addition to paying interns an attractive monthly salary, the company also "provides them with all the same benefits as normal employees – iPhone, laptop, gym access, three meals a day, all the amenities" made available at Facebook offices.

On Quora.com, Facebook interns detail monthly salaries to be based on their year in school. In 2012, an anonymous user claims to be earning $6,200 a month as an undergraduate senior. Another anonymous user claimed to be earning $8,000 a month plus a tuition subsidy.

Facebook employees now worth an average of $2.9 million

Tech geeks across the Facebook empire celebrated the company’s IPO and their newfound millions by slugging back energy drinks at all-night code-writing parties last Friday.

Every current Facebook employee is now worth $2.9 million. Any other employee after Friday is OYO, lol.

Legions of the social network’s employees, who are now worth an average of $2.9 million apiece on paper when the stock opened on Friday, dressed for the occasion with matching “Hackathon” T-shirts.
They kicked off the party at their Menlo Park, Calif., headquarters, just hours after the company’s 420 million available shares were priced at $38 each.

According to the IPO prospectus, $10 billion in equity will be held by insiders at the social-media site. It’s expected to rival the last hot tech stock, LinkedIn, which went public last May and saw its per-share price jump 109 percent in the first day of trading.

A similar pop would double the average Facebook worker’s net worth to $5.8 million.

In the hours before Zuckerberg and his troops started their celebration, Facebook fever was at critical mass, with big-brokerage clients scrambling to buy in at the offering price.
“This is worse than not scoring an invitation to the best party in high school,” said Manhattanite Fran Carpentier, 57, a publishing and marketing consultant who couldn’t get in on the IPO.

Facebook’s IPO is the third largest in US history, putting it just behind General Motors and Visa. The company tops McDonald’s and Amazon in market value.

Zuckerberg’s IPO put his net worth above Amazon’s Jeff Bezos, who is worth about $18.5 billion. And he will likely surpass Mayor Bloomberg, who is worth $19.5 billion.

Zuckerberg, who controls 55 percent of Facebook’s voting power, saw his net worth rise to $19.1 billion.
The boy-wonder billionaire — who celebrated his 28th birthday Monday — owns 503.6 million shares of the social media behemoth he launched as a Harvard student in 2004.

His net worth will jump an astounding $1 billion for every $2 jump in the stock price.

Congratulations people!!

Facebook IPO makes Mark Zuckerberg 29th-richest person on Earth

$19.1 billion dollars. That's how much Mark Zuckerberg is worth after Facebook Inc. sold 421.2 million shares valued for $38 each on Thursday.

Not bad for a guy who just celebrated his 28th birthday Monday.

Zuckerberg, who first showed up on Forbes' billionaires list in 2008 with an estimated net worth of $1.5 billion, is now richer than Google co-founders Sergey Brin and Larry Page, Bloomberg reports.

Facebook: Road to IPO

However, he's not quite as wealthy as Microsoft founder Bill Gates, who is worth $60.4 billion, or Oracle's Larry Ellison, who is worth $34.2 billion, according to Bloomberg's Billionaires Index. For that matter, Zuckerberg is also worth less than Michael Bloomberg himself, who Forbes estimates is worth $22 billion.

Of course, Zuckerberg isn't the only person seeing a huge windfall from Facebook's $104.2-billion valuation. As Bloomberg reports:

Dustin Moskovitz, 27, who roomed with Zuckerberg at Harvard and was the company's first chief technology officer, is now worth $5.1 billion.

Eduardo Saverin, 30, who has created headlines this week when it was revealed that he renounced his U.S. citizenship, is now worth an estimated $2.7 billion.

Christopher Hughes, 28, who recently bought theWashington, D.C.-based magazine the New Republic, may now be worth $836 million.

And Facebook's Chief Operating Officer Sheryl Sandberg, 42, who owns 27 million shares -- including 25 million in restricted stock units -- is now a billionaire.

Facebook founder Mark Zuckerberg marries long time girlfriend Priscilla Chan

Mark celebrated his 28th birthday on Monday, on Friday, he took FB public in one of the most anticipated IPOs in Wall Street history which in turn made him the 29th richest man on earth then yesterday changed his FB status to 'married'. Awesome! He's blessed and I think he married a good girl.

Fewer than a hundred people were invited to the party at his home but they didn't know it was a wedding. They thought it was a graduation ceremony for Priscilla.

The couple had been planning the ceremony for four or five months, according to a guest authorized to speak on behalf of the couple.

Zuckerberg designed a simple ruby wedding ring and Chan had not seen it before the ceremony, the guest said.

The wedding feast came from the couple's favorite Palo Alto restaurants, Palo Alto Sol and Fuki Sushi, and for desert they had Burdick Chocolate "mice," which Chan and Zuckerberg had on their first date.

Mark is the 29th richest man on Earth yet see how simple they dressed for their wedding?? Some people should take a cue from him and learn how not to be over-the-top when it comes to wedding ceremonies.

That being said, to each his own :-)

Congratulations to the newly weds.

Facebook Mark Zuckerberg's girlfriend earns her Medical degree from University of California

On Monday, Priscilla Chan, the longtime partner of the 28-year-old Facebook founder, earned her medical degree from a top institution in the country, just days after inspiring a revolution in organ donor access.

 So far it's been a good month for Priscilla, the Harvard alum, who met Zuckerberg at a campus frat party almost a decade ago. On May 14, while the tech world marked Zuckerberg's 28th birthday, Chan was picking up her degree from University of California, San Francisco's School of Medicine, and even icing her degree with membership into the exclusive National Medical Honor Society.

While her boyfriend's expertise seems to be in working the market into a frenzy, Chan's specialty is in pediatrics. Already, her medical experience is saving lives on a large scale. Earlier this month, Facebook launched a new feature allowing users to add their organ donation status to their profiles. Zuckerberg credits the idea to Chan. "She's going to be a pediatrician, so our dinner conversations are often about Facebook and the kids that she's meeting," Zuckerberg told ABC News. After a few particularly heart-rending accounts of children in need of organ transplants at her hospital, Facebook's CEO developed the donor tool and effectively enlisted more than 1,000 new donors in a matter of days, according to Donor Life.

Despite rumors of an engagement two years ago, Chan and Zuckerberg aren't married. That means his big-time earnings today won't go directly into her pocket. Not that she hasn't experienced some perks. Living in low-key domesticity with their dog, Beast, the 20-somethings recently upgraded their digs to a $7 million Palo Alto home with a massive kitchen and plenty of privacy. They've also traveled to Vietnam and Shanghai for romantic vacations (that sometimes turn into work for Mark). If anything, her boyfriend's IPO explosion could have been more of a challenge than a boon. Chan reportedly has strict rules about weekly work-free dates where the couple can forget about Facebook. Zuckerberg's recent investor campaign may have put a dent in that routine.

But overall, Zuckerberg's cash crop could only be Priscilla's gains should the couple decide to wed.
If you ask Donald Trump, and unfortunately someone at CNBC's Squawk Box did, Chan would walk away with a chunk of change in the event of a prenup free divorce. (About $10 Million)
This is all assuming that Chan even wants to wed, no less divorce, Zuckerberg. Not everyone thinks, or dates, like Trump. For now, it seems Chan's big concern is saving the lives of kids, and that's probably one reason why her unfathomably rich boyfriend loves her. As the world stares slack-jawed at Zuckerberg's accomplishments, he's doing the same with his girlfriend.

After Priscilla earned her degree Monday, Mark posted the following message for her on Facebook.

I'm so proud of you, Dr. Chan : )

I am proud of her as well. Most girls won't even bother attaining a degree when they have a bf worth $29 billion!! Especially one they've been with for almost 10 years.

Good job Priscilla. You are one smart and independent lady. Kudos to you!