According to multiple media sources, it is confirmed that the world’s largest social networking site, Facebook is going to file its paperwork for it’s to be called as “giant $100 billion” Initial Public Offering on coming Wednesday. Cited an unnamed source, Morgan Stanley is close to winning the IPO deal, while Goldman Sachs is expected to play a key role –...
Tag Archives: Facebook
The world’s largest social networking site, Facebook, as we know – is now coming with its “giant $100 billion” Initial Public Offering documentation on coming Wednesday, according to a report from the Wall Street Journal. Speculation of a Facebook IPO heightened this week after news reports of a halt in trading in the company’s privately-held shares on the secondary...
In an ongoing fight against spammers and scammers, Facebook and Washington State Attorney General Rob McKenna announced that have filed dual lawsuits against the co-owners of Adscend Media LLC, an ad network, which Facebook says is known to support “clickjacking” schemes, and other forms of tricking users into giving up personally identifiable information or money. “We...
Facebook, the world’s largest social networking website, facing a three-day suspension of trading on secondary market this week, Bloomberg reported. The company which is heading towards its giant Initial public offering of $100 billion – that is due for late may. Transactions won’t be processed by Facebook’s attorneys at Fenwick and West LLC – starting from...
