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All Posts Tagged Tag: ‘Facebook IPO’

Facebook IPO Makes Zuckerberg 29th Richest Person

Today, social networking giant Facebook made it’s initial public offering (IPO) valued at $16 billion. In doing so, Mark Zuckerberg became the 29th richest person in the entire world and the 16th richest American according to the Bloomberg Billionaires Index which gives daily updates to the worlds richest people. Facebook sold 421.2 million shares during its IPO for $38 each. …

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Instagram Worth $1.2 Billion After Facebook IPO

It’s common industry knowledge that Facebook recently acquired photo sharing platfrom Instagram for a quick billion, and it’s common general knowledge that Facebook today filed its IPO. Now it’s been reported that said IPO has added about $243 million in value to Instagram – the platform is today worth $1.243 billion, to be more precise. Zuckerberg and Co. payed about …

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Matt Cutts Has Some Financial Advice for Facebook (Updated)

While there’s no doubt Johnny Kemp’s “Just Got Paid” is blasting through the speakers of just about every Facebook employee on the planet–especially Eduardo Saverin (are co-founders who make an absolute ton of cash from the Facebook IPO considered employees?)–some outside parties who have been down this same road have some advice for the newly rich: Follow @mattcutts Matt Cutts …

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Facebook IPO: Timeline of Acquisitions

The Facebook IPO is great. Mark Zuckerberg and company have finally made it. But it wasn’t by accident. Facebook has made some key updates as well as crucial business partners and acquisitions over the years that got them were they are today. Here you can follow Facebook’s history in a timeline from SecondMarket. Here are some important dates to remember …

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Facebook Responds To $15 Billion Tracking Lawsuit

A little while ago we brought you news that Facebook was facing a lawsuit that could cost the company as much as $15 billion. The suit alleges that Facebook continued to track users’ internet activities even after they logged out of Facebook, and that this constituted a violation of the U.S. Wiretap Act. If found liable, the statute would require …

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Facebook Has Highest Small Investor Demand Ever

Just before trading kicked off this morning, CNBC was reporting that Facebook’s IPO has generated the largest small investor interest in history. Now, it’s too early to say how those sentiments are figuring into who actually grabbed a piece of the social networking giant, but if anything they predicted is true, individual investors now own a significant portion of the …

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Facebook IPO Kicks Zynga’s Stocks In The Teeth

I may have spoken too soon. I speculated that we may see apps and Facebook developers being affected by the Facebook IPO soon, but not this soon. Business Insider reports that as trading began on Facebook, Zynga’s shares drove off a cliff. The stocks plummeted by 13 percent. This wasn’t a stunt show where Zynga was going to jump out …

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Facebook’s IPO Deserves A “Thank You” Song

What better way to thank Mark Zuckerberg for all that he has brought us than with song, and a YouTube video to accompany it? Who cares about privacy issues when you can connect with people you might otherwise not connect with? Well, thanks to the efforts of Deborah Torres Patel, Gianluca Verrengia, and Jeffery Anaba, we now have such a …

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Zuckerberg Vows to Write Code Every Day in 2012

While making his rounds before Facebook’s IPO today, CEO Mark Zuckerberg pointed out that optimization of the platform’s mobile app was the main priority of 2012. Perhaps Zuckerberg plans to work some of this out himself, as he’s also declared that he will now write code every day in 2012, as if running a multinational corporation wasn’t enough. This wouldn’t …

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Mark Zuckerberg is Trending on Twitter

What did you expect? Mark Zuckerberg is the toast of planet Earth right now, as his multi-billion dollar IPO, Facebook, officially hits NASDAQ. Most of it is updates on Mark Zuckerberg’s current wealth, which is growing by the minute as his shares climb on the exchange. This is to be expected considering the initial high demand of Facebook stock. Eventually …

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Facebook Didn’t Have The Showing Some Expected

It’s here and trading. The Facebook IPO is away! The market opened trading the stock at just over $42 per share, which is modest at about 10% more than the suggested $38 per shares negotiated price. While many expected the per share price to skyrocket to over $70 during todays trading, it actually settled back to that $38 price rather …

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Facebook Begins Testing Notification Updates

With Facebook’s IPO now well underway, you might think the company’s employees might take some time off from other aspects of its business to bask in the fact that they’re all in the process of getting considerably more wealthy. You might think that, but it turns out you’d be wrong. Even in the midst of all the IPO hoopla, Facebook …

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