Wednesday, May 16, 2012

Ford Facebook

  • In Facebook parlance, the relationship between General Motors and Ford is, shall we say, complicated.
  • (Detroit Free Press)
  • Expected later this week, Facebooks Wall Street debut could value the company at $100 billion, making it worth more than Disney, Ford and Kraft Foods. Thats testament to the impressive numbers Facebook has posted in its relatively brief history.
  • (Yahoo Finance)
  • GMs ad spending is also a rounding error relative to Facebooks annual revenue of $3.7 billion. If GM pulled $10 million in advertising from Google no one would notice. Ford and Chrysler already indicate that they are going to stick with Facebook.
  • (CNET News)
  • Ford is quick to add that it has 4 million fans on its Facebook Mustang fan page and its reveal of the 2011 Ford Explorer on Facebook (and other digital outlets) yielded better results than a Super Bowl ad — for a fraction of the cost.
  • (CNBC)
  • The IPO could value Facebook at nearly $100 billion, making it worth more than such iconic companies as Disney, Ford and Kraft Foods. At 28, Zuckerberg is exactly half the age of the average SP 500 CEO, according to executive search firm Spencer Stuart.
  • (Beaver County Times)
  • Facebook has close to 900 million to register – making it essential to nearly every major web innovation now and in the future, Paul Ford wrote recently in New York Magazine. Do you agree? Drop us a line in the comments section.
  • (The Christian Science Monitor)
  • The AP-CNBC survey, meanwhile, found that of average Americans who invest in the stock market, 58 percent think Facebook's valuation is too high at around $100 billion.
  • (Buffalo News)
  • Thats up from $3.07 in 2009. GMs view of Facebook differs from crosstown rival Ford, which said it will continue to advertise on the site.
  • (Zacks.com)

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