Saturday, February 4, 2012

Facebook

  • SAN FRANCISCO (Reuters) - Its the years hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.
  • (Reuters India)
  • By MICHAEL LIEDTKE AP Technology Writer SAN FRANCISCO (AP) - Facebook is baring its business soul.
  • (msnbc.com)
  • (Reuters) - Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.
  • (Yahoo Finance)
  • How much would you pay to play? The paradox is that the potential payoff is infinite; after the first flip, you have a 50% chance of winning $2, plus a 25% chance of winning $4, plus a 12.5% chance of winning $8 and so forth.
  • (Wall Street Journal)
  • (Reuters) - Facebook, the social network giant on the verge of a huge initial public stock offering, pays an unusually high tax rate, but that is likely to change soon, analysts said.
  • (Yahoo Finance)
  • As Facebook readies for Wall Streets richest high-tech debut, it is wrangling with litigation and bracing for potential new suits.
  • (YAHOO!)
  • LOS ANGELES (WTW) — Facebooks long-awaited IPO filing lifted the stocks of many Internet companies, including recent laggards Zynga and Groupon.
  • (Courier-Journal)
  • Feb. 3 (Bloomberg) -- Facebook Inc., the social-networking company that's preparing for an initial public offering, had a valuation of at least $94 billion yesterday in an auction of its shares on the private market. SharesPost Inc.
  • (Businessweek)
  • Several hundred women around the world are upset with Facebook employees for being, well, boobs when it comes to the company's policy of posting breast-feeding pictures.
  • (San Francisco Gate)

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