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New Facebook Lawsuit, Same Old Facebook IPO Gripe

New Facebook Lawsuit, Same Old Facebook IPO Gripe

By Josh Wolford March 5, 2013 | 3 Comments

A new lawsuit filed by a Facebook shareholder claims that the company knew about downward trends in revenue tied to increased user defection to mobile from desktop use. Gaye Jones says that such information was shared with key investors. “The …

LivingSocial Not in a Hurry to Go Public LivingSocial Not in a Hurry to Go Public

In light of the totally botched Facebook IPO, it’s no wonder many tech companies are in no hurry to go public. According to LivingSocial CEO Tim O’Shaugnessy, you can add LivingSocial to that list. Despite recent losses for the company, …

Mark Cuban Admits He Was Wrong About Facebook Mark Cuban Admits He Was Wrong About Facebook
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Mark Cuban, who has been a steadfast supporter of Facebook throughout the IPO process, and an investor who purchased 150,000 shares of the company, is coming forward today to say he was wrong about the company. He has decided to …

Social Media Stocks Continue to Struggle Social Media Stocks Continue to Struggle
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Social media stocks are continuing to have a hard time this week following the widely-chronicled Facebook IPO fiasco. Since Facebook, which is currently down 24% from its initial price tag of $38 a share, has struggled in the market since …

Mark Zuckerberg's Billions Make Him Larger Than Life Mark Zuckerberg's Billions Make Him Larger Than Life
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The newest billionaire on the block owes a great deal to you, the Facebook member. If not for the hundreds of millions of people joining the Book of Face, there would be no multibillion dollar IPO. So the next time …

Facebook Users Have The Power In A Post-IPO World Facebook Users Have The Power In A Post-IPO World

Do you love Facebook or do you loathe the very existence of the platform? Your love or hatred can depend on a number of things, but I bet one of the main reasons is privacy. Facebook, as a social media …

Comparing Facebook's IPO to Other Tech Giants Comparing Facebook's IPO to Other Tech Giants
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It’s Facebook IPO day, and the forecast for the stock sale is incredibly strong. Considering the service’s $104 billion estimated worth, which is based on said IPO forecast, chances are it’s going to be a really good day for the …

Noteworthy Videos
Facebook’s “Likers Gonna Like” Poster Facebook’s “Likers Gonna Like” Poster

Facebook’s Toronto platform strategy team member Sachin Monga snapped a photo of a new printout adorning the wall of his office, set to remind employees that likers gonna like, as the social network files its IPO. The sentiment can also …

Are Facebook Credits The Next Big Thing? Are Facebook Credits The Next Big Thing?
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The Facebook IPO is going live today and everybody is asking a multitude of questions. Is Facebook worth investing in? Is it just a fad? Will it be the biggest tech IPO in history? One question that seems to be …

The Internet Population Boom [Infographic] The Internet Population Boom [Infographic]

Internet marketing agency Customer Magnetism just compiled a new infographic describing the rise of worldwide internet use over the past decade. There’s been 528.1% in growth of internet users since 2000, with 32.7% of world population now online, equalling 2.27 …

Pre-Facebook IPO All-Night Hacking Tournament Pre-Facebook IPO All-Night Hacking Tournament
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Many people think that at Facebook HQ in California, all of the Facebook coworkers and interns work hard and stay focused around the clock to make sure your favorite social network has all the functionality, uptime, and credibility it needs. …

Famous IPOs: Where Are They Now? [Infographic] Famous IPOs: Where Are They Now? [Infographic]

While we sit and wait for the Facebook IPO to get rolling tomorrow morning, I thought it would be nice to take a look at past tech IPOs and see how they have progressed or regressed since going public. This …

Facebook Adds 25% More Shares for IPO Facebook Adds 25% More Shares for IPO

Just announced this mourning, Facebook is offering 25% more shares for their upcoming initial public offering. As we reported earlier this week, the IPO was sold out by Monday, and all the shares were spoken for. In fact, last Friday …

Facebook Stock Prices Expected to Increase Facebook Stock Prices Expected to Increase

Facebook stock, which is expected to go on sale this Friday, will be a little pricier than some may have anticipated. Although the company planned to sell shares between $29 and $34, the buzz generated during Zuckerberg’s IPO roadshow has …

GM Yanks Facebook Paid Ads, Says Ads Don’t Work GM Yanks Facebook Paid Ads, Says Ads Don’t Work
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Due to a lack of vim from the company’s paid ads on Facebook, General Motors is said to be planning to pull some advertising funds from the social networking site, according to the Wall Street Journal. The timing of GM’s …

Quora Raises $50 Million in Series B Funding Quora Raises $50 Million in Series B Funding

Quora, a sort Q&A site organized by its community of users, has just raised $50 million in Series B funding, with a valuation of $400 million. Co-founder Adam D’Angelo, former CTO at Facebook, put up $20 million of his own …

Facebook Improves Mobile News Feed Facebook Improves Mobile News Feed

According to its mobile site, Facebook today launched a design upgrade to the News Feed for its iOS and Android mobile app. Photos are now up to three times larger, and posts span the entire screen, edge to edge. Multiple …