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Facebook rolls out promoted posts: Goodbye Edgerank limits
Facebook is rolling out its new innovative advertising medium, called Facebook Promoted Posts for Facebook pages. If you own a Facebook page you can now promote your status updates to your fans, forcing them to see it in their newsfeeds.Facebook works with an algorithm called Edgerank, which determines who sees status updates from Facebook pages. Normally only a limit number of your fans are reached with a new status update. With promoting posts you now can guarantee a number of ...Extra shares could spell more bad news for Facebook’s Wall Street gamble
Facebook's IPO is considered a failure in that the share price was too high to attract retail investors.There's more bad news. More than 1.7-billion shares owned by insiders, such as employees, etc, will be "unlocked' over the next six months and will be eligible for trading. That's a huge overhang considering that Facebook floated 421-million shares in its IPO. It's equivalent to an additional four Facebook IPOs.The largest block of shares, about 1.3-billion, unlocks in six months time.Also, the late ...Things get worse for Facebook post IPO as shareholders sue
Looking back, the technical glitches that delayed Facebook's IPO are starting to seem like an omen.After seeing its shares plummet more than 10% on its second day of trading, the social network -- along with its financial underwriters -- is being sued by its shareholders.According to Reuters, the shareholders claim that Facebook, along with banks like Morgan Stanley hid the social network's weakened growth forecasts ahead of the IPO.The suit was filed today in a New York ...Mark Zuckerberg weds long-time girlfriend one day after IPO
Mark Zuckerberg is now a married man. The Facebook founder and CEO wed his long-time girlfriend Priscilla Chan in a backyard ceremony in Palo Alto yesterday.The couple have been together for nearly eight years after meeting at Harvard, where Zuckerberg first put what would become Facebook in motion.The ceremony took place in front of 100 people in the back garden of the house the two share together.Zuckerberg and Chan had reportedly been planning the wedding in secret ...Facebook IPO: What happens when the dust settles?
So it’s official. The starting figure for Facebook shares today is… US$38. It’s higher than expected (although not by much) and if many have their way it’s just the beginning.Not unsurprisingly there have been naysayers as you’d expect (perhaps more that you’d expect) but when you have a +US$100-billion IPO (the last one was Visa) mixed with additional recent large investment rounds and economic uncertainty seemingly looming around every corner, people invariably become polarised.So what happens ...Why Facebook’s IPO only increases its global impact
Ah man, anyone who thought Facebook was just a fad must be eating their words right now. Facebook’s IPO, however flat its opening may have turned out to be, is something that’s turning the world on its head.One of the biggest impacts of Facebook going public is that it is now in an elite class of its own. Not that it wasn’t already, but now it’s official. It’s not going anywhere, anytime soon, contrary to the disputes from ...Mark Zuckerberg opens Nasdaq trading from Facebook HQ [PICS]
Facebook CEO and founder Mark Zuckerberg has rung the bell that signals the opening of the Nasdaq stock exchange.Shunning the suits of Wall Street, Zuckerberg instead chose to ring the bell from the social network's California headquarters. His attire? Sneakers, jeans, a grey shirt and a dark hoodie. What, like you were expecting anything else?Zuckerberg was surrounded by some of his most senior executives and a host of employees -- many of whom have been attending an all-night ...Cheat sheet: The Facebook IPO
Chances are, anyone in your office even remotely interested in tech or business is going to be talking about Facebook's IPO today. If you're feeling a little out in the cold, don't worry. We've got your back. Here's everything you need to know about the Facebook IPO in a nutshell.The social network’s initial public offering consists of 421 233 615 shares.Shares will start trading at US$38 apiece. Predict the closing price.There are two classes of Facebook stock. Class A stock ...Facebook’s IPO will only make Mark Zuckerberg stronger
Facebook is not interested in reforming Wall Street with its IPO, as Google tried to do with its Dutch auction process and snubbing the big investment firms. So it shouldn't be surprising that Facebook isn't interested in adopting a more open company governance structure either.In fact, Facebook [$FB] has copied Google's [$GOOG] corporate structure as closely as it could, and even improved on it. The two-tier shares where insider's shares have 10 times the voting power is common to ...Facebook confirms stock price ahead of much-hyped IPO
The wait for one of the most eagerly anticipated public debuts in tech history ends tomorrow. Anyone currently biting their nails in anticipation has to be content with the titbits of information coming through from the social network.The latest nugget to come through is that Facebook has confirmed what it will be pricing its stock at. When it enters the NASDAQ tomorrow, ordinary members of the public will be able to buy shares in the world's largest social network ...
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Memeburn focuses on web and innovation technologies. It has a particular interest in startup news and technology trends in emerging markets. More about us hereCopyright © 2011 memeburn. All rights reserved. No article may be published or reproduced without prior written permission from Memeburn.
