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The Facebook app is displayed on an Apple iPhone. Analysts have heaped pressure on Facebook to prove it’s more than an Internet fad and that its moneymaking strategies — particularly on mobile devices — are starting to pay off. (Karen Bleier, AFP/Getty Images / ) 
  
 SAN FRANCISCO — With his company's shares sinking to record lows and concerns about its business growing by the day, Facebook Inc. Chief Executive Mark Zuckerberg is finally breaking his silence. 
  
 In a move that analysts said was intended to reassure investors about the young company's prospects, Facebook said in a regulatory filing Tuesday that Zuckerberg would not sell his Facebook shares for at least one year. 
  
 In addition, the reclusive Facebook founder will sit down next week for a rare onstage interview at a technology conference in San Francisco, his first public appearance since his company's disastrous stock market debut. 
  
 Investors have been clamoring to hear Zuckerberg's take on his company's challenges and the stock's collapse, yet he has stayed out of the public eye, even amid calls for his resignation. 
  
 Facebook recently dispatched Chief Financial Officer David Ebersman to meet with investment banks. But analysts say the time has come to hear from Zuckerberg. 
  
 "If you want to be CEO, you have got to be the CEO," Wedbush Securities analyst Michael Pachter said. "You have to be in front of people. You have to be accountable." 
  
 Facebook's market value has been on a downward spiral since the initial public stock offering in May as doubts about how much the Menlo Park, Calif., company is really worth have intensified. 
  
 The shares hit a record low Tuesday, falling 33 cents, or 1.8%, to $17.73, less than half their IPO price of $38. They regained ground in after-hours trading when Facebook said it would not sell stock to cover a nearly $2-billion tax bill for stock-based compensation and it would allow some employees to cash in their stock early. 
  
 The moves reduce by about 101 million the total shares outstanding. Facebook directors Marc Andreessen and Donald Graham will sell some shares to cover their tax obligations but no additional shares, according to a regulatory filing. Investors were furious last month when Facebook director and early investor Peter Thiel sold most of his Facebook holdings after restrictions on insiders selling shares lifted. 
  
 In a filing with the Securities and Exchange Commission, Facebook said Zuckerberg "has no intention to conduct any sale transactions in our securities for at least 12 months." Zuckerberg sold Facebook stock in the IPO to cover his tax bill. He has about 444 million shares of Class B common stock. 
  
 A Facebook spokesman declined to comment. 
  
 Facebook stock has been pummeled since August when restrictions on insiders selling shares began to expire. And it may not have hit bottom. Insiders will be able to sell more than 1.4 billion shares over the next three months. 
  
 Analysts have heaped even more pressure on Facebook to prove it's more than an Internet fad and that its moneymaking strategies — particularly on mobile devices — are starting to pay off. Analysts from two of Facebook's largest underwriters on its IPO cut their price targets Tuesday. The Morgan Stanley and JPMorgan Chase & Co. analysts also reduced their revenue projections. 
  
 Scott Devitt, an analyst with Morgan Stanley, Facebook's lead underwriter, cut his price target for the next 12 months to $32 from $38. He also warned that the shares could fall as low as $17. Doug Anmuth, an analyst with JPMorgan Chase, cut his price target even more drastically, to $30 from $45. 
  
 "Facebook's CEO is learning that there are consequences to providing less than concrete strategies for business growth. In business, clarity provides hope for investors, especially in rapidly moving business segments," said Michael Yoshikami, CEO of Destination Wealth Management, which does not own Facebook shares. "Facebook needs to provide that clarity or risk further price erosion." 
  
 Crisis management expert Eric Dezenhall said the timing is right for Zuckerberg to go on the offensive. 
  
 "Clearly he has to do something, having spent the last few years in flip-flops and a hoodie, pontificating about how Facebook is going to change the world," Dezenhall said. "I think what people are going to need now is a road map that, among other things, answers the question: What is a reasonable expectation for this company's future?" 
  
 jessica.guynn@latimes.com ||||| Article Excerpt 
  
 Facebook Inc. took steps Tuesday to reassure investors and employees worried about its plummeting stock price, as the social network's shares hit new lows. 
  
 In a regulatory filing Tuesday, Facebook said Chief Executive Mark Zuckerberg won't sell any stock in the company for a year, and that two of its directors—Marc Andreessen and Donald Graham—have no plans to sell their personal holdings beyond the amount needed to cover their tax liabilities. 
  
 Facebook also detailed how it will essentially buy back 101 million shares when it issues previously restricted stock units to its staff in October. At recent prices, it would ... |||||
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– Mark Zuckerberg is a much poorer billionaire than he was a few months ago, but he won't be joining the early investors selling off their Facebook shares. Those shares hit a new low of $17.73 yesterday, and the company took steps to assure investors that the slide will not continue, reports the Wall Street Journal. It promised Zuckerberg would not be selling any of his shares for at least a year, and outlined plans to protect the company share price when restricted stock units held by its staff become tradable shares later this year. Facebook's shares have lost more than 50% of their value since the company's May IPO amid concerns about its moneymaking ability, and analysts say it's time for Zuckerberg to act. "Clearly, he has to do something, having spent the last few years in flip-flops and a hoodie, pontificating about how Facebook is going to change the world," a crisis management expert tells the Los Angeles Times. "I think what people are going to need now is a road map that, among other things, answers the question: What is a reasonable expectation for this company's future?"
Nyhetsartikel: Facebook-appen visas på en Apple iPhone. Analytiker har ökat trycket på Facebook för att bevisa att det är mer än en Internet mode och att dess pengaskapande strategier - särskilt på mobila enheter - börjar löna sig. (Karen Bleier, AFP/Getty Images / ) SAN FRANCISCO — Med sitt företags aktier sjunker till rekordlåga nivåer och oro över sin verksamhet växer för varje dag, Facebook Inc. Verkställande direktör Mark Zuckerberg äntligen bryta sin tystnad. I ett drag som analytiker sade var tänkt att lugna investerare om det unga företagets framtidsutsikter, Facebook sade i en regelansökan tisdag att Zuckerberg inte skulle sälja sina Facebook-aktier på minst ett år. Dessutom kommer den tillbakadragna Facebook grundaren att sitta ner nästa vecka för en sällsynt på scen intervju på en teknikkonferens i San Francisco, hans första offentliga framträdande sedan hans företags katastrofala börsdebut. Investerare har ropat på att få höra Zuckerbergs syn på företagets utmaningar och aktiens kollaps, men han har ändå hållit sig borta från offentligheten, även mitt i ropet på hans avgång. Facebook skickade nyligen Chief Financial Officer David Ebersman för att träffa investmentbanker. Men analytiker säger att det är dags att höra från Zuckerberg. "Om du vill bli VD, måste du vara VD," Wedbush Värdepappersanalytiker Michael Pachter sade. "Man måste vara inför folk. Du måste vara ansvarig." Facebooks marknadsvärde har varit på en nedåtgående spiral sedan det första offentliga aktieerbjudandet i maj då tvivel om hur mycket Menlo Park, Calif., företaget verkligen är värt har intensifierats. Aktierna slog rekordlågt på tisdagen och föll 33 cent, eller 1,8%, till 17,73 dollar, mindre än hälften av deras börsnotering på 38 dollar. De återfick mark i eftertimmar handel när Facebook sade att det inte skulle sälja aktier för att täcka en nästan $ 2-miljarder skattenota för aktiebaserad ersättning och det skulle tillåta vissa anställda att lösa in sina aktier tidigt. Flytterna minskar med cirka 101 miljoner utestående aktier. Facebooks direktörer Marc Andreessen och Donald Graham kommer att sälja några aktier för att täcka sina skatteskyldigheter men inga ytterligare aktier, enligt en lagstadgad ansökan. Investerare blev rasande förra månaden när Facebooks direktör och tidiga investerare Peter Thiel sålde de flesta av sina Facebook-innehav efter restriktioner för insiders att sälja aktier hävt. I en anmälan till Securities and Exchange Commission, Facebook sa Zuckerberg "har ingen avsikt att genomföra några försäljningstransaktioner i våra värdepapper i minst 12 månader." Zuckerberg sålde Facebook-aktier i börsintroduktionen för att täcka sin skattenota. Han har cirka 444 miljoner aktier av stamaktier av serie B. En talesman för Facebook avböjde att kommentera. Facebookaktien har varit förlamad sedan augusti då restriktionerna för insiders att sälja aktier började gå ut. Och det kanske inte har nått botten. Insiders kommer att kunna sälja mer än 1,4 miljarder aktier under de kommande tre månaderna. Analytiker har lagt ännu större press på Facebook för att bevisa att det är mer än en Internet mode och att dess pengar att göra strategier - särskilt på mobila enheter - börjar löna sig. Analytiker från två av Facebooks största underleverantörer på sin börsintroduktion sänkte sina prismål tisdag. Även Morgan Stanley och JPMorgan Chase & Co.-analytikerna minskade sina intäktsprognoser. Scott Devitt, en analytiker med Morgan Stanley, Facebooks ansvarige tecknare, sänkte sitt prismål för de kommande 12 månaderna till $32 från $38. Han varnade också för att aktierna kunde sjunka så lågt som 17 dollar. Doug Anmuth, en analytiker med JPMorgan Chase, sänkte sitt prismål ännu mer drastiskt, till $30 från $45. "Facebooks VD lär sig att det finns konsekvenser för att ge mindre än konkreta strategier för affärstillväxt. Inom affärslivet ger tydligheten hopp för investerare, särskilt inom snabbt föränderliga affärssegment", säger Michael Yoshikami, VD för Destination Wealth Management, som inte äger Facebook-aktier. "Facebook måste ge den klarheten eller riskera ytterligare priserosion." Krishantering expert Eric Dezenhall sade tidpunkten är rätt för Zuckerberg att gå på offensiven. "Klart han måste göra något, efter att ha tillbringat de senaste åren i flip-flops och en hoodie, pontificating om hur Facebook kommer att förändra världen," Dezenhall sade. "Jag tror att vad folk kommer att behöva nu är en färdplan som bland annat svarar på frågan: Vad är en rimlig förväntan för detta företags framtid?" jessica.guynn@latimes.com '' Artikel Utdrag Facebook Inc. tog steg tisdag för att lugna investerare och anställda oroade sig för dess fallande aktiekurs, eftersom det sociala nätverkets aktier slog nya låg. I en lagstadgad anmälan tisdag, Facebook sade VD Mark Zuckerberg kommer inte att sälja några aktier i företaget på ett år, och att två av dess direktörer-Marc Andreessen och Donald Graham-har inga planer på att sälja sina personliga innehav utöver det belopp som behövs för att täcka sina skatteskulder. Facebook beskriver också hur företaget i huvudsak kommer att köpa tillbaka 101 miljoner aktier när det emitterar tidigare begränsade aktieenheter till sin personal i oktober. Till senare priser, skulle det ...» Vad är en kortare version av ovanstående artikel?
News article: The Facebook app appears on an Apple iPhone. Analysts have increased the pressure on Facebook to prove that it is more than an Internet fashion and that its money-making strategies - especially on mobile devices - are starting to pay off. (Karen Bleier, AFP/Getty Images / ) SAN FRANCISCO — With its company's shares dropping to record low levels and concerns about its business growing by day, Facebook Inc. Managing Director Mark Zuckerberg finally breaks his silence. In a move that analysts said was supposed to reassure investors about the young company's prospects, Facebook said in a rule application Tuesday that Zuckerberg would not sell his Facebook shares for at least a year. In addition, the withdrawn Facebook founder will sit down next week for a rare on stage interview at a technology conference in San Francisco, his first public appearance since his company's disastrous stock market debut. Investors have called to hear Zuckerberg's view of the company's challenges and the collapse of the stock, but he has nevertheless stayed away from the public domain, even amidst the cry for his resignation. Facebook recently sent Chief Financial Officer David Ebersman to meet investment banks. But analysts say it's time to hear from Zuckerberg. "If you want to be CEO, you must be CEO," Wedbush Securities analyst Michael Pachter said. "You have to be in front of people. You must be responsible." Facebook's market value has been on a downward spiral since the first public share offer in May when doubts about how much Menlo Park, Calif., the company is really worth have intensified. The shares hit record low on Tuesday and fell 33 cents, or 1.8%, to $17.73, less than half of their $38 listing. They regained land in post-hour trading when Facebook said it would not sell shares to cover an almost $2 billion tax bill for share-based compensation and it would allow some employees to redeem their shares early. Floats are decreasing by approximately 101 million outstanding shares. Facebook directors Marc Andreessen and Donald Graham will sell some shares to cover their tax obligations but no additional shares, according to a statutory application. Investors were furious last month when Facebook's director and early investors Peter Thiel sold most of his Facebook holdings following restrictions on insiders to sell shares lifted. In a notification to the Securities and Exchange Commission, Facebook said Zuckerberg "has no intention of carrying out any sales transactions in our securities for at least 12 months." Zuckerberg sold Facebook shares in the IPO to cover his tax bill. He has approximately 444 million shares of Class B ordinary shares. A Facebook spokesman declined to comment. The Facebook share has been paralyzed since August when restrictions on insiders to sell shares began to expire. And maybe it hasn't hit the bottom. Insiders will be able to sell more than 1.4 billion shares over the next three months. Analysts have put even greater pressure on Facebook to prove that it is more than an Internet fashion and that its money to make strategies - especially on mobile devices - is starting to pay off. Analysts from two of Facebook's largest subcontractors on their IPO lowered their price targets Tuesday. Morgan Stanley and JPMorgan Chase & Co. analysts also reduced their revenue forecasts. Scott Devitt, an analyst with Morgan Stanley, Facebook's responsible cartoonist, lowered his prize goal for the next 12 months to $32 from $38. He also warned that the shares could drop as low as $17. Doug Anmuth, an analyst with JPMorgan Chase, lowered his price target even more drastically, to $30 from $45. "Facebooks CEO learns that there are consequences for providing less than concrete strategies for business growth. In business, clarity gives hope for investors, especially in fast changing business segments," says Michael Yoshikami, CEO of Destination Wealth Management, who does not own Facebook shares. "Facebook must provide that clarity or risk further price erosion." Crisis management expert Eric Dezenhall said the timing is right for Zuckerberg to go on the offensive. "Of course he has to do something, having spent the last few years in flip-flops and a hoodie, pontificating about how Facebook will change the world," Dezenhall said. "I think what people are going to need now is a roadmap that answers, among other things, the question: What is a reasonable expectation for the future of this company?" jessica.guynn@latimes.com  Article Excerpt Facebook Inc. took steps Tuesday to reassure investors and employees worried about its falling share price, as the social network's shares hit new low. In a statutory notification Tuesday, Facebook said CEO Mark Zuckerberg will not sell any shares in the company for a year, and that two of its directors-Marc Andreessen and Donald Graham-have no plans to sell their personal holdings beyond the amount needed to cover their tax debts. Facebook also describes how the company will mainly buy back 101 million shares when it issues previously limited equity units to its staff in October. At later prices, it would ...» What is a shorter version of the above article?
– Mark Zuckerberg är en mycket fattigare miljardär än han var för några månader sedan, men han kommer inte att gå med i de tidiga investerarna och sälja sina Facebook-aktier. Dessa aktier slog en ny låg på $ 17.73 igår, och företaget vidtog åtgärder för att försäkra investerarna att bilden inte kommer att fortsätta, rapporterar Wall Street Journal. Den lovade Zuckerberg att inte sälja någon av sina aktier på minst ett år, och skisserade planer för att skydda bolagets aktiekurs när begränsade aktieenheter som innehas av dess personal blir omsättningsbara aktier senare i år. Facebooks aktier har förlorat mer än 50% av sitt värde sedan bolagets Maj börsintroduktion mitt i oron över dess pengaskapande förmåga, och analytiker säger att det är dags för Zuckerberg att agera. "Han måste göra något, efter att ha tillbringat de senaste åren i flip-flops och en hoodie, pontificating om hur Facebook kommer att förändra världen," en krishantering expert berättar Los Angeles Times. "Jag tror att vad folk kommer att behöva nu är en färdplan som bland annat svarar på frågan: Vad är en rimlig förväntan för detta företags framtid?"
“Mark Zuckerberg is a much poorer billionaire than he was a few months ago, but he will not join the early investors and sell his Facebook shares. These shares hit a new low of $17.73 yesterday, and the company took steps to assure investors that the picture will not continue, reports the Wall Street Journal. It promised Zuckerberg not to sell any of its shares for at least a year, and outlined plans to protect the company's share price when limited units of shares held by its staff become marketable shares later this year. Facebook's shares have lost more than 50% of their value since the company's May IPO amid concerns about its money-making ability, and analysts say it's time for Zuckerberg to act. "He must do something, having spent the last few years in flip-flops and a hoodie, pontificating about how Facebook will change the world," a crisis management expert tells the Los Angeles Times. "I think what people are going to need now is a roadmap that answers, among other things, the question: What is a reasonable expectation for the future of this company?"