With the expanding of the EVER growing Facebook (Kudos to the IPO) it’s only befitting that their Palo Alto offices get an expansion as well. CEO Mark Zuckerburg has enlisted the help of world renowned Los Angeles architect Frank Gehry to design an entirely new campus across the street from their existing […]
Tag: Facebook
Time to Dump Facebook Stock?
Facebook’s post-IPO existence has been totally unpredictable, and beginning Thursday, it will face one of the roughest times ever for a freshly traded company, and that being the very first day that some insiders will be legally allowed to dump the stock. With quite a few initial public offerings, Facebook’s […]
Facebook 80+ Million Active Accounts Are Fake!
According to Facebook, about 4.8 percent of monthly active users are “duplicate accounts,” which is an account that a user maintains in addition to their primary account; about 2.4 percent of the monthly active user accounts were “misclassified accounts,” or accounts that represent an entity besides the user, such as […]
Facebook OPENS It’s App Center’s Doors Today!
The Facebook App Center, announced in early May, will begin rolling out as soon as tonight to some users. It will allow Facebook users to find and install Facebook apps to your Facebook Timeline. The App Center, which isn’t called a store, will launch over 600 free (for now) Facebook […]
Facebook Shares Dip Below $30 TO NEW LOW.
Facebook shares have dipped below $30 for the first time since their flotation, to a new low of $29.27. The shares were launched at $38 less than two weeks ago during its high-profile flotation, which valued the firm at more than $100bn. Since then, Facebook’s shares have lost almost a […]
App Center Launched at Facebook
On Wednesday, Facebook moved closer to its goal of becoming a launchpad for developers, by announcing that it will launch its own App Center, one location for the platform’s many applications. In the very near future, the company will also begin supporting paid apps, a program that it is offering […]
Facebook IPO Set @ $86B.
Facebook, the social network, revealed on Thursday that it would value itself @ $86B when it goes public. The social networking site aims for shares of stocks to be worth between $28 and $35 each. The IPO would tower over Google’s 2004 offering of $23B. CEO Mark Zuckerberg plans to […]