Tag Archives: SEC
With the IPO just round the corner, the social giant has released an updated Form S-1 with first quarter earnings. Q1 saw $1.06 billion revenues, $205 million in net income. Revenues are up from the previous quarter, which sat at $731 billion, but income is down slightly, from $233 million. Monthly active users of the service are now reported at a whopping 901 million,...
According to Reuters, after review of 2000+ filings since SEC found some companies – including Internet Infrastructure giants – VeriSign Inc. and Credit Card and Debit Card Transaction processor – VeriFone Systems Inc., accounts for significantly “large and new” numbers of hacking incidents. Securities and Exchange Commission issued a lengthy “guidance”...
Facebook’s S-1 is finally out with a bang, – the company filed for an Initial Public Offering to raise $5 billion in its IPO bid. As part of Facebook Initial filing go public this afternoon (PT) – the social network giant has revealed some interesting new numbers that indicates how big it actually is – with its users’ number, investors’ shareholding percentage,...
The wait is finally over: The world’s largest social networking giant, Facebook has just filed for its Initial Public Offering [S-1 documents]. As expected and from earlier reports, Facebook is looking to raise $5 billion in its IPO bid. The company has just filed the preliminary prospectus – S1 documents with the Securities and Exchange Commission Wednesday afternoon...