The company plans to launch Libra in the next six to 12 months
How to use Facebook, Twitter, and LinkedIn to connect with your book.
Sparks were flying at Facebook’s first annual general meeting yesterday as frustrated shareholders pressed the social media giant’s founder for answers, reports the Financial Times.
IntercontinentalExchange (ICE) plans to change some of the “absurd” practices on U.S. equity markets, reports ft.com. This includes rebates offered to market participants by some trading venues, says chief executive Jeff Sprecher. Read: ICE to buy NYSE Euronext for $8.2 billion Some of the recent missteps include Knight Capital’s trading error, and Facebook’s failed IPO. […]
PriceMetrix examined data on the role of retail investors in the Facebook IPO, identifying several broad trends:
We can expect a spate of “I knew they’d do that someday” claims now that Facebook, just like you said it would, has decided to offer paid service. While you can still ‘sucker punch’ your friends for free, Facebook will ding you for a buck to send a message to people not in your network. […]
Citigroup has been fined $2 million in relation to allegations that two of its bank analysts improperly released confidential information about Facebook before the company’s IPO.
Using social media is easier than you think
Facebook is testing a “Want” button for online retailers, reports Financial Times. Read: Facebook faces privacy concerns, again Perhaps competing with popular photo-sharing site, Pintrest, the new Facebook feature allows consumers to add product images to an online wish list. Read: Google to top Facebook? The launch is part of a test series called Collections. […]
Google shares increased $15.39 to close at $749.38 on Monday, reports Richard Waters of Financial Times. Since July, Google has added 30%, ($75 billion) to its stock market value. Read: Google buys Frommer’s; cuts Motorola staff Recently, Google has been making headlines as it competes with other companies, namely Facebook, for ad revenue. This rally […]