AllFacebook: UPDATED: Facebook Adds Nearly 84M Shares To IPO
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Wednesday, May 16, 2012
UPDATED: Facebook Adds Nearly 84M Shares To IPO
Facebook filed with the Securities and Exchange Commission Wednesday morning to add 83,818,263 shares to its Friday initial public offering, bringing the total offering to 421,233,615 shares of class-A common stock. CNBC's Kate Kelly reported late last night that the move will increase the number of shares being offered by the social network by 25 percent, adding that when combined with the greenshoe overallotment option -- in which underwriters can sell up... read more>>
INFOGRAPHIC: The History Of Facebook, Timeline-Style
Taking a quick-hit Web-surfing break from work? May we implore you to check out this witty visual chronicling Facebook's history, created by the clever staffers over at Inc.? Inc. put together this handy-dandy timeline of sorts, assembled as a string of Facebook updates from initial public offering big-hitters including (but not limited to) Co-Founder and Chief Executive Officer Mark Zuckerberg, initial Facebook investor Peter Thiel, Accel Partners, and Yahoo, to name a... read more>>
Know Your (Price) Limit Before Buying Facebook Stock
If you're contemplating whether to place a buy order for Facebook, weigh the pros and cons before making a final decision. The Christian Science Monitor highlighted five items that potential stock buyers should consider before placing a call to E*Trade. Among them, Staff Writer Mark Trumbull raises interesting points, such as: Price matters. It is worth identifying, before the volcano of buy-sell activity takes off, what share cost is too high to make... read more>>
Facebook Tweaks Recent Activity Box
Facebook tweaked the design of its recent activity box on timeline profiles once again, after enlarging its size at the end of March. The thumbnail images that accompany entries are larger, as is the text, while the number of entries is smaller. Perhaps due to displaying fewer items of content, a "more recent activity" link was added, as well. Below are the before and after pictures of the activity box. Readers: Did you notice... read more>>
Grandpas Go Gaga Over Facebook Stock?
An engineer, two doctors, and a business owner, all now retired, are sitting around at a retirement home. Up shoots the topic of the Facebook initial public offering, and the crew chatterboxes on how to wrest shares at the initial price. No, this is not the beginning of a joke. A reporter at CNN Money tracked down a group of casual investors within the grandparent generation at a retirement home in Boynton... read more>>
Facebook Scoops Up Lightbox Developer Team
How Facebook planned to monetize mobile was a big question mark that surfaced during the social network's roadshow to promote its initial public offering Friday. Then, photo application Lightbox announced yesterday that its seven-strong mobile team had been snatched up by Facebook (although it is not technically an acquisition). In line with a strategy we have coined, "poach talent, pluck startups," Facebook has been making some stealth hiring moves on the charge-up... read more>>
How Much Are You Worth To Facebook?
Facebook has more than 900 million monthly average users, but not all of them are worth the same to the social network. Online privacy company Abine created a way for individual users to figure out how much they are worth to Facebook. The company's Val-You Calculator determines a Facebook user's net worth by factoring in his or her answers to the following questions (answers are selected from pull-down menus): Where do you live? How many... read more>>
Facebook Users Can Book Hotel Rooms, Earn Commission With SocialBooker 'Plus-U'
For hotels, using Facebook as a marketing tool is nothing new, but they can now use Facebook users as marketing tools following Appnostic's addition of the "Plus-U" feature to its SocialBooker hotel distribution application. SocialBooker provides more than 50 hotels worldwide with integrated booking solutions for their Facebook pages, including the ability to create communities of loyal repeat guests. Those are exactly the type of guests Plus-U is geared toward: Facebook users who... read more>>
AllFacebook Stats Releases API
AllFacebook Stats announced the release of an application-programming interface that will offer its users access to data on hundreds of thousands of Facebook pages. The data also include analysis and benchmarking of competitors, and AllFacebook Stats said they go as far back as 2010, making them ideal for use in comprehensive analyses, industry reports, and benchmark studies. The API will allow users to integrate the data with company and agency dashboards and software... read more>>
GM Yanks $10M Ad Campaign From Facebook
A recent study for The Hollywood Reporter found that 88 percent of people consider Facebook to be entertainment, and a CNBC/Associated Press survey released just today confirmed this, finding that only 12 percent of users would feel confident making purchases through the site, so no one should be shocked that General Motors announced that it is yanking its advertising dollars ($10 million worth) from the social network's platform. The news was first... read more>>
Facebook Options Trading Can Begin May 29
Assuming the Facebook initial public offering launches Friday, as planned, Tuesday, May 29, would be the first day that options trading could begin on the social network's stock. Reuters reported that the International Securities Exchange announced plans to begin options trading on Facebook on that day, allowing investors to hedge their bets and speculate. Other U.S.-based options exchanges are expected to follow suit as long as trading volumes are met, according to Reuters. Image... read more>>
Golden State: California Eyes $2.1B In Revenue From Facebook IPO
The California Legislative Analyst's Office, the state's budget watchdog, expects Friday's Facebook initial public offering to generate $2.1 billion in revenue for the state through the 2013 fiscal year. Reuters reported that the California Legislative Analyst's Office predicted that if Facebook shares debut Friday at $38 per share, and then hit $45 apiece in six months, and keep rising, the combination of capital-gains taxes from investors and taxes on stock awards and... read more>>
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