Thursday, May 17, 2012

Facebook ipo

  • SAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc is set to raise up to $18.4 billion in its IPO and become the first U.S.
  • (Reuters)
  • NEW YORK -- Taking a company public isnt as simple as collecting Facebook friends. Even if the company is Facebook. When the social media companys stock starts trading Friday under the symbol FB, buyer demand is expected to explode.
  • (New York Daily News)
  • Facebook Inc. (FB)'s $16 billion initial public offering has made 28-year-old Mark Zuckerberg the 29th richest person on Earth.
  • (Bloomberg)
  • In pricing its stock at $38 on Thursday, Facebook raised $16 billion in the third-biggest IPO in U.S. history and the largest ever by a tech company. The stock trades as FB. The company is expected to sell an additional $2.
  • (Los Angeles Times)
  • The Facebook IPO promises to be insane. People will buy. Employees will go beyond paper wealth. Small, tiny public shareholders and investors will get rich. It is the American way.
  • (Forbes)
  • As investors raced to buy shares, the sprawling social network raised $16 billion Thursday, in an initial public offering that valued Facebook at $104 billion.
  • (Dallas Morning News)
  • (Reuters) - Facebook Inc starts trading on Friday after having raised more than $16 billion in the worlds largest technology IPO.
  • (YAHOO!)
  • Dont try to friend MaLi Arwood on Facebook. You wont find her there. More than 900 million people worldwide check their Facebook accounts at least once a month, but millions more are Facebook holdouts.
  • (The Christian Science Monitor)
  • When it came to light last week that Facebook co-founder Eduardo Saverin had renounced his U.S. citizenship, the reaction was swift and fierce. Many people criticized Saverin for what seemed like a tax dodge, including two U.S.
  • (Forbes)
  • Speculation is over. The world finally knows Facebook shares are going for $38 apiece when they begin to trade on Nasdaq on Friday morning.
  • (Los Angeles Times)

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