Facebook Gold Rush: Fanfare vs. Realities
The small gain for Facebook’s stock on its first day of trading suggests that many professional money managers viewed all the hype as just that, writes Gretchen Morgenson in the Sunday New York Times. Read more » Article source: http://bits.blogs.nytimes.com/2012/05/20/facebook-gold-rush-fanfare-vs-realities/?partner=rssnyt&emc=rss
5 Ways Facebook’s IPO Affects Brands
Dave Kerpen is the CEO of Likeable, a social media agency that has worked with more than 200 leading brands, including Verizon and Neutrogena. He is author of The New York Times best seller Likeable Social Media. Dave also launched Likeable Community College and Likeable Local. Facebook expects to raise as much as $16 billion … Continue Reading
44 Digital Media Resources You May Have Missed
Friday marked the much-anticipated Facebook IPO, and boy, do we have have a lot of resources for that topic. Whether you have no idea what an IPO is or you want to know how it might affect you, use our weekly features roundup to catch up. We’ve covered more than just Facebook, though. This week … Continue Reading
Mark Zuckerberg Gets Married
In a surprise ceremony, Facebook CEO and founder Mark Zuckerberg married his longtime girlfriend, Priscilla Chan, in a private wedding at his home in Palo Alto, Calif. on Saturday. Zuckerberg, who just became a billionaire as a result of the Facebook IPO on Friday, reportedly placed a ring on his wife’s finger during the ceremony … Continue Reading
Mark Zuckerberg’s Very Big Week [PICS]
Mark Zuckerberg may have just wrapped up the biggest week of his life. In the span of just seven days, the Facebook CEO has turned 28, taken his company public, become worth almost $20 billion and married his college sweetheart. On the one hand, thinking about all of those life-altering events happening in such a … Continue Reading
Major League Baseball Embracing Twitter and Facebook
Baseball thinks Houlihan is pretty sweet, too, and major league teams like the Cubs are hoping to entice more fans like her to come out to the ballpark. Social media nights have become a common part of the promotional schedule, and some of the best ticket deals and giveaways can be found on Twitter and … Continue Reading
Do You Want the Good News First?
I’VE spent the last week traveling to two of America’s greatest innovation hubs — Silicon Valley and Seattle — and the trip left me feeling a combination of exhilaration and dread. The excitement comes from not only seeing the stunning amount of innovation emerging from the ground up, but from seeing the new tools coming … Continue Reading
Mark Zuckerberg Ties the Knot
Photo via Mark Zuckerberg It has been a busy couple of days for Mark Zuckerberg, the founder of Facebook. On Friday, Mr. Zuckerberg took his 8-year-old company public at a $100 billion valuation. As if that weren’t enough, on Saturday, the 28-year-old multibillionaire announced that he had married his long-term girlfriend, Priscilla Chan. The announcement was made, … Continue Reading
Facebook Opens at $42, Valued at $116.6 Billion
Online advertising is huge and growing, with Facebook at the forefront. However, it hasn’t done anything quite as innovative as its chief rival, Google, in the space. Post-IPO, Facebook will be in a better position to steer where online advertising is going rather than vice versa. Despite Facebook’s ubiquity, its ads still provide a mediocre … Continue Reading
9 Top Comments on Mashable This Week
The Mashable community engaged in a variety of articles this week, resulting in solid discussions and debates in the comments. Topics that sparked conversation included a new MacBook Pro rumor, an Avengers adoption joke, as well as the long-awaited Facebook IPO. One commenter, KiTTGT, wrote how a slim profile and Retina display on the next MacBook … Continue Reading
On Facebook IPO Day, Twitter Sentiment Correlated With Share Price
Twitter users who participated in a crowdsourced prediction for Facebook’s IPO day closing price collectively missed the mark, but another analysis suggests that changes in Twitter sentiment accurately predicted how Facebook’s share price turned throughout the day. The crowdsourced prediction was inspired by a tweet from investor Chris Sacca, in which he wondered if a … Continue Reading
7 Fun Accessories for Your Geeky Pet
There are cats on Twitter, dogs on Facebook, birds that won’t stop checking in on Foursquare (OK, we haven’t witnessed that last one, but it’s probably true). And let’s not even get started on all the cuddly animals on YouTube. The point is, pets, social media and tech go well together, and you — their … Continue Reading
Will Facebook Reduce Taxes By Going International?
Facebook co-founder Eduardo Saverin has been the target of public wrath after announcing he would be renouncing his U.S. citizenship and moving to Singapore, a haven where capital gains aren’t taxed one bit. Will Facebook follow in his footsteps by funneling money through international subsidiaries to maneuver around the American tax code? The recently-gone-public social … Continue Reading
Facebook’s Swings Are Ho-Hum to a Nobel Laureate
Mr. Markowitz, a 1990 Nobel laureate in economics, is the father of modern portfolio theory. His advice: Don’t worry too much about Facebook’s oscillating stock price. Or, for that matter, about gyrations in another big stock in the news, JPMorgan Chase, after the disclosure of a precarious multibillion-dollar hedging strategy. In a week like the … Continue Reading
In Facebook Stock Rush, Fanfare vs. Realities
This bit of Street wisdom came to mind last week, as Facebook went public amid so much fanfare. The stock eked out a 23-cent gain on its Day 1, to $38.23. This suggests that many professional money managers viewed all the hype as just that. Whatever the long-term prospects of this company — an issue … Continue Reading
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