Goldman Sachs bars US clients from Facebook offering

clock

But there is $7bn in orders from foreign investors

Goldman Sachs has declared that it will not allow its US clients to invest in a private offering of shares in Facebook, according to the Wall Street Journal. In a statement, the New York-based g...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
EU opens disinformation probe against Meta as elections loom

Compliance

Comes as Meta closes key disinformation tracking tool

clock 01 May 2024 • 2 min read
Facebook chatbot claims to have a child with 'unique needs and abilities'

Social Networking

Moving fast and breaking things again

clock 19 April 2024 • 3 min read
EU watchdog rejects Meta's 'pay for privacy' attempt

Social Networking

Can't charge for data privacy

clock 19 April 2024 • 2 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Finance and Reporting

Apple revenues fall - but not by as much as expected

Apple revenues fall - but not by as much as expected

Investors cheered by better-than-expected results and stock buyback

John Leonard
clock 03 May 2024 • 2 min read
Capita reports £107mn annual losses, blames cyberattack

Capita reports £107mn annual losses, blames cyberattack

Capita's share price plummeted 54% since the attack

clock 08 March 2024 • 2 min read
Salesforce's Benioff: 'This must be the year of Data Cloud'

Salesforce's Benioff: 'This must be the year of Data Cloud'

Makes light of customer's AI bungle, as Q4 profits up 10%

Wade Tyler Millward
clock 29 February 2024 • 8 min read