If news bytes by people in the know-how at Facebook Inc. are to be believed, a high-net-worth-navigation app called Waze is likely to be acquired for an astounding $1 billion. Waze is a free-to-use navigation tool for mobile devices and popular in more than 193 countries.
Facebook has been declaring that it will remain free for a long time. It still is, however if you want friends to see your posts you have to pay. Facebook has just announced that it is implementing new feature that enables its users in the U.S. to promote post.
Facebook has kept people waiting for months for its shares to finally go public. There are many others who have been trying to get a few shares in the secondary markets hoping for Facebook shares to pop out of the gate.
Angry Birds, the most downloaded mobile app of 2011 has finally made its debut on the world’s leading social networking site, Facebook. And Facebook is feeding the Angry Birds with its likes on The Valentine’s Day. Well, Facebook seems to have given its worldwide fans a great Valentine’s Day surprise, with launching Angry Birds, the wildly popular pig-flying game.
Facebook will be able to file its Initial Public Offering as early as Wednesday, to sell stock in an open market. facebook’s debut is likely to be the most talked-about IPO after Google in 2004. This is generating curiosity as well as expectations among the public for what is likely to be one of the biggest debuts for a U.S. company.
Zynga has made a stand in virtual games like FarmVille, CityVille, mafia wars, and many more. The billion-dollar entry will be the second largest IPO offering since Google went public in 2004. The IPO has yet been topped only by online bargain service Groupon, which saw ups and downs in its stock prices after went public last month.
There are over 135 million users on LinkedIn, and despite it being the third largest social network, LinkedIn still seems like that social network in the corner that people forget is there. That’s why having a LinkedIn company page is so crucial. Have your sales team send prospective customers to the page to check out new products and services. Add status updates in a location that few others are doing so.
The venture capitalist with the knack of identifying and investing in “the next big thing”, the founder of PayPal and the guy who helped Facebook expand beyond Harvard, Peter Thiel, has announced his latest investment: a $1.25 million funding to the Seasteading Institute towards developing what would essentially be floating sovereign nations. Imagining these start-up [...]
Is Facebook’s new aim to become the next telecom giant ? Could very well be, and one would not be able to deem it impossible, with the deal announced by Skype and Facebook on Wednesday. The world’s most popular social network, Facebook, and Skype, a service that allows users to make free video phone calls [...]
If Facebook does actually offer its shares through its IPO at a valuation of more than $100billion, this would make the super-popular social-networking website one of the world’s biggest technology companies. Recent times have been seeing a flurry of activity where IPOs of technology companies are concerned. Earlier last month, LinkedIn, the professional networking website [...]
The California-based professional social networking website, LinkedIn, co-founded by Reid Hoffman and run by chief executive Jeff Weiner, is all set to make a market debut with its scheduled IPO for later today. Valued at $4.3 billion, LinkedIn will sell 7.8 million shares, and raise $352.8 million, pricing each share at $45, setting the stage [...]
In apparent efforts of wanting third parties to confirm that users were not happy about the use of their personal information from their Facebook accounts for Google’s new competing social-network Social Circles, Facebook is attracting a lot of negative attention for the manner in which they carried out this process. In what appear to be [...]
Becoming Microsoft’s most expensive acquisition yet, Skype being taken over by this software giant is supposed to be in line with Microsoft’s larger plan of offering a better basket of services by integrating Skype with its other products such as Lync, Xbox Live, Kinect, Outlook and Hotmail. Details of the $8.5 billion all-cash deal were [...]
The no.1 spot in BrandZ Top 100, the listing that identifies and ranks the world’s most valuable brands, has been taken by Apple this year, ending the four-year reign of search-engine giant Google. With its brand value estimated at over $153bn, the iPhone and iPad maker’s rank has been boosted significantly by the success of [...]
With its most recent valuation figuring at $85billion, only about two months after Goldman Sachs, on investing in the world’s no.1 social-networking company, valued it at $50billion, Facebook sure is set to become to take over the virtual world. So what’s the most obvious market for such a rapidly growing company to be exploring next? [...]
Despite the chilling winters Yahoo still faces the heat as Google rises in Popularity. The reportedly third consecutive quarter of declining page views on Yahoo sites has further led to around 2 percent decrease in the Company’s share. Moreover, this news comes the same day as Yahoo’s announcement of laying off 1 percent of its [...]
What’s the latest in the raging Goldman-Sachs/Facebook love affair that has been unfolding over the last two weeks? First, Goldman Sachs invested $450 million in Facebook and followed this up by approaching its wealthiest clients to be part of a fund that would own shares in the fastest-growing social networking company, Goldman Sachs has now [...]
Goldman Sachs and Digital Sky Technologies (DST), a Russian investment firm, have invested $500 million in Facebook, in a deal that values the world’s leading no.1 virtual social networking company at $50 billion. Spokespeople for the social network, Facebook, declined to comment on this transaction as reported by The New York Times, which cited unnamed individuals [...]