Business
With a little over two weeks left until Facebook launches one of the most anticipated IPOs in history, this chart helps you put some of the crazy numbers into perspective.
As you can see, some of the other social media and online companies are dwarfed by what Facebook is about to ...Continue reading →
As the scheduled date to its IPO looms ever closer, Facebook is hoping that the company’s growth prospects will persuade investors to pay 99 times earnings for its initial public offering. If this happens, it would make it a higher multiple than 99 per cent of companies in the Standard ...Continue reading →
Professional social media site LinkedIn has announced its financial results for the first quarter of 2012, revealing that its revenue had increased by 101 per cent compared to the same period in 2011. This makes it the seventh straight quarter where the company has experienced an increase greater than 100 ...Continue reading →
In preparation for its forthcoming IPO, Facebook will be listing its shares on the Nasdaq Stock Market, the waiting period for entry into one of the best known stock indexes factored in as a negotiating point when Facebook was considering its options, Bloomberg reports.
According to a person with direct knowledge ...Continue reading →
With the future of commerce and transactions heading towards mobile, Ebay has been aggressive in its expansion in recent times with their vision of mcommerce and the release of their card reader “PayPal Here“, which was remarkably similar to a similar product to rival company Square (pictured above). Yet despite ...Continue reading →
After recently purchasing a number of patents from IBM, Facebook has further strengthened its stance after striking a deal with Microsoft to purchase a portion of the patent portfolio it acquired from AOL recently for $550 million.
Microsoft only recently purchased 925 patents and patent applications from AOL as well as ...Continue reading →
With the buildup towards Facebook’s looming IPO launch, many have been trying to figure out when exactly it will take place. May being the month referenced time and time again, since it’s the earliest time Facebook can potentially launch it.
Well, Techcrunch is reporting that the social media site is looking ...Continue reading →
This week, April 12th to be exact, the Internet Corporation for Assigned Names and Numbers (ICANN) will stop accepting applications for a new round of generic top-level domains (gTLDs), the part of a web address that appears to the right of the period. Currently gTLDs like ‘.com’, ‘.net’ & ‘.co.uk’ are ...Continue reading →
If hardware is the backbone to any good smartphone, then apps have become the lifeblood with many consumers judging a device on what they’re able to download for it. Microsoft know this and because it’s playing catchup with its competitors, iPhone and Android, it’s turned towards funding developers to ensure ...Continue reading →
It’s (reportedly) two months away, but Facebook is halting the trading of its shares on secondary markets by the beginning of April as it prepares for its initial public offering (IPO).
Bloomberg report that representatives of the company have instructed firms that help investors buy and sell stock in closely held ...Continue reading →