This probably would be a rumor as it turns out to be a big day for Mark Zuckerberg and everyone who is connected with Facebook. The rumor is that the social giant co-founder and CEO Mark Zuckerberg won’t be in New York on Friday, when his company is expected to go public. He will remain in company’s headquarters in Menlo Park. It means he will be ringing the Nasdaq bell remotely, instead of ringing the bell at Nasdaq’s centre, according to CNBC, via Twitter. News Alert: Facebook to ring opening bell remotely from Menlo Park HQ –...
Mark Zuckerberg turns 28 yesterday – a year older and grasping the heat to become more rich once the IPO is out – the biggie IPO – but what makes him and his company so big – is it the way he puts up the thing – the innovation behind or a lots more – he had started the company from a dorm room – and now having the offices worldwide with user base of 901 million users and even there is still a lot to comes more as the news broke that Facebook is again planning to refile its S-1 documentation for IPO tomorrow at a range of...
Hewlett-Packard stands no. 1 in sales, but the company aims to think more brighter side, had conducted a week long experiment in its Bangalore, India office without printer. We do not know that are they permanently going green or what or is this initiative of smaller time or for those seven days only. But what company did is that it removed printers from homes of...
Bloomberg reports that Apple is going to unveiled a new lineup of thinner MacBook laptops running on more powerful chips made by Intel. The MacBook Pro machines will be released at Apple’s annual developers’ conference which is scheduled to take place next month starting June 11. Citing “people with knowledge of the plans” the publication reports that the new MacBook Pro will feature high-definition, Retina Displays “like those on the iPhone and iPad.” It’s also likely that the new MBPs will be powered by Intel’s new Ivy...
Groupon has announced financial results for the first quarter 2012. Revenue increased 89% to $559.3 million in the first quarter 2012, compared with $295.5 million in the first quarter 2011. Gross billings, which reflects the gross amounts collected from customers for Groupons sold, excluding any applicable taxes and net of estimated refunds, increased 103% to $1.35 billion in the first quarter 2012, compared with $668.2 million in the first quarter 2011. Operating income was $39.6 million in the first quarter 2012, which includes an...
With Zuckerberg turns 28 yesterday, a big gift for him yet to come – Yes, I am talking about his company Facebook initial public offering, but what makes the birthday more special to him, according to CNBC, Facebook is to refile its S-1 documentation for IPO tomorrow at a range of $34-$38 per share, which means its valuation would be between $92 billion to $103 billion. The company has set an IPO price of $28 to $35 a share, valuing the company by as much as $96 billion. When it goes public, Facebook will trade on the Nasdaq under the...
In all excitement of Facebook going public in just four days on May 18, the social giant’s founder and CEO Mark Zuckerberg turns 28 – Yes, Zuckerberg turns a year older today – but what he is sitting on – he is sitting on $100 billion pile – as his company “Facebook” going public – in one of the history’s biggest initial public offering. The company starts from a dorm and now having the offices worldwide – a social giant – Yes a biggie giant with having a hold on 901 million users worldwide. Now, Facebook is finally...
With Facebook initial public offering just round the corner, Apple’s co-founder Steve Wozniak niak told Bloomberg that he sees Zuckerberg as a “real acute” businessman who has both technical abilities, like Wozniak himself, and the vision and corporate smarts of Steve Jobs. “I was thankful to have a partnership with Steve Jobs and I see Mark Zuckerberg...
The reason of joy is near for all those whom it meant a lot – Yes I am talking about Facebook IPO which is nothing less than like a festival for all – the giant IPO – the social giant going to get public this Friday resulting in bringing its initial public offering – one of the largest initial public offerings in history. Even, furthermore, what makes this IPO more interesting is that the company’s CEO Mark Zuckerberg will be worth $25 billion once the company goes public on Friday, it is around $6.4 billion more than what Yahoo’s...
We reported last week that Facebook co-founder Eduardo Saverin has renounced his U.S. citizenship as per an internal revenue service reports. But the real reasons for Saverin’s move may have to do with more than taxes, according to publications Time and the Wall Street Journal, Saverin renounced his citizenship way back in September of last year, and now lives in Singapore, which doesn’t levy a capital gains tax. Saverin spokesman Tom Goodman told WSJ, “U.S. citizens are severely restricted as to what they can invest in and...
