As Facebook's market value continues to drop, LinkedIn may be a smart alternative for investors.
We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: Rain in Spain With a European commission head calling for a clear path to economic reform that will soothe investor fears, the chief Spanish central banker announced he will […]
We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: – First the Facebookalypse, now Taxmaggeddon! The Congressional Budget Office issued a report saying proposed tax hikes to close revenue gaps could push the U.S. back into recession if […]
Facebook is updating its status to “public company” after its stock jumped during its debut on the Nasdaq Stock Market this morning. The stock opened at $42.05 and later settled at $39. The stock is currently sitting below $40 per share. For those looking to stay updated on Facebook’s worth, check out http://facebookworth.com/. The site […]
Facebook’s IPO is making history—quickly becoming the technology offering of the decade.
Facebook has priced its IPO at $38 per share, at top of the range and valuing the group at US$104 billion. There are 421.2 million shares.
Early Facebook investors, including Goldman Sachs, plan to unload more shares in the upcoming IPO—adding 84 million shares, worth up to $3.2 billion, to take advantage of increasing investor demand.
Those who predicted unstinted growth for social media in 2011 got it spot on. The global appeal and adoption of social media continue to create a hyperconnected world where, LinkedIn tells me, 240 connections can link you to over four million people. The ‘six degrees of separation’ theory, thanks to social networking sites, is all […]
Financial services industry has been slow to adopt social media and has so far been unable and unwilling to leverage the medium to its fullest potential.