It's the LAST DAY to donate and pick up any of our thank-you gifts at a discount. 🔥 Give Now!
Mid-day Update

Facebook set to expand headquarters in Menlo Park

Stacey Vanek Smith and David Brancaccio May 31, 2012
HTML EMBED:
COPY
A sign with the 'like' symbol stands in front of the Facebook headquarters on February 1, 2012 in Menlo Park, California. Justin Sullivan/Getty Images
Mid-day Update

Facebook set to expand headquarters in Menlo Park

Stacey Vanek Smith and David Brancaccio May 31, 2012
A sign with the 'like' symbol stands in front of the Facebook headquarters on February 1, 2012 in Menlo Park, California. Justin Sullivan/Getty Images
HTML EMBED:
COPY

For the past week and a half Mark Zuckerberg has been losing face a bit in the stock market, but this week his company is moving ahead with plans for a major expansion to their headquarters in the Silicon Valley suburb of Menlo Park. On Tuesday, the Menlo Park city council voted unanimously to approve the expansion in exchange for $8.5 million dollars from the company.

For our mid-day extra, Mayor of Menlo Park, Kirsten Keith joined us to talk about the proposal, Facebook’s IPO, and her own Facebook account.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.