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Mark Zuckerberg announces the selling of shares of Facebook Monday.

Social networking has become a huge part of American life in the past decade or so. Starting Monday, Facebook, one of the most popular social networking websites will become a part of Standard & Poors 500-stock index.

At the close of trading on Friday, Facebook will be a part of that index.

That means that Mark Zuckerberg is selling more shares for Facebook. According to The NY Times, the social networking site is offering 70 million more shares to the public on Monday. This is the second offering since Facebook went public last year.

Those who missed out on the selling of shares in May 2012 will have a chance to buy stock in Facebook at the current price of $55.50. According to Forbes, the shares Zuckerberg is selling are worth $2.3 billion.

Though Zuckerberg will be selling millions of shares, it will only slightly loosen his control on the company. His voting rights will still be 60 percent.

The filing also said that Zuzkerberg intends on making a charitable gift of approximately 18 million shares, or $1 billion, this month. He plans to donate these shares to the Silicon Valley Community Foundation, a charity on which he has donated before.

The young company has come very far since 2004 and has the potential to make billions of dollars at the end of the trade day Monday.

image: Wikimedia Commons

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Facebook and Mark Zuckerberg to sell shares Monday

On Dec. 17, ePath Learning, Inc. announced that TMC, a global, integrated media company, has named eSource as a 2013 TMC Social Business Award Finalist sponsored by TMC's Customer magazine. eSource is a cloud-based social networking service that empowers employees to contribute, ask questions, share information, connect with colleagues, and search for experts throughout their organization. Employees can collaborate in teams and instantly see what others are working on, share information, post updates, and solve problems organically. The technology engages employees and augments informal learning opportunities. The functionality is similar to today's popular social networks, but eSource is private, secure, and supports multiple languages. ePath Learning offers eSource fully integrated into their ASAP learning management system or as a stand-alone cloud service. Furthermore, our mobile app allows eSource to be accessed on the go to keep enterprise users connected and contributing any time day or night.

"We are happy to once again be recognized as an innovator in social collaboration technology for business," stated Ms. Donna Lord, vice president, Sales and Marketing, ePath Learning, Inc. "Social collaboration technology is the catalyst that's driving organizational change. Social collaboration technology allows businesses to engage employees, business partners and even customers. Collaboration technology is rapidly becoming the driving force behind greater productivity, efficiency, and innovation, all of which contribute to optimizing performance. We're proud to be a leader in this dynamic people-centric approach to learning and development."

ePath Learning develops innovative, world-class software applications that improve training and human performance for organizations. Its portfolio of corporate learning services includes cloud-based learning portals, enterprise social networking technology, and custom eLearning development services. For more information, call us today at 908-722-6622, or go online to http://www.ePathLearning.com.

ePath Learning is a registered trademark and ePath Learning ASAP and eSource are service marks of ePath Learning, Inc.

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READER SUBMITTED: ePath Learning, Inc. Named A Finalist Of The 2013 TMC Social Business Award

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