Recent News
- Social media at forefront of social protestLOS ANGELES, Feb 3 (TheWrap.com) - From SOPA to Ellen DeGeneres, protesting keeps getting more social. Thanks to Twitter and Facebook, digital agitation has entered the mainstream allowing people to affect change at a dizzying speed. Going viral is no longer reserved for cute puppy videos. Social networking has moved into new areas of social protest, Tim Stevens, editor-in-chief of the technology blog Engadget, said Friday, shortly after Susan G. Komen Foundation reversed course on pulling Planned Parenthood funding in wake of a fierce social media protest. ...
2 days ago - A sobering look at Facebook
SAN FRANCISCO (Reuters) - It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients. The world's biggest social network is expected to seek a $75 billion to $100 billion valuation in its IPO, the most anticipated stock offering from Silicon Valley since Google Inc went public in 2004. At Granite Investment Advisors in New Hampshire, Chief Investment Officer Scott Schermerhorn has already been fielding queries from clients eager to get in on the action. ...
2 days ago - Facebook's high tax rate likely to drop(Reuters) - Facebook, the social network giant on the verge of a huge initial public stock offering, pays an unusually high tax rate, but that is likely to change soon, analysts said. At 41 percent on an effective basis, Facebook's tax rate is well above rates paid by larger, more mature high-tech groups, and above the top U.S. corporate income tax rate of 35 percent. But the exercise by investors of millions of stock options after the IPO, along with the opportunity for Facebook to shift more earnings overseas like other tech firms, will pull down its tax rate almost immediately, experts ...
2 days ago - Facebook IPO: Test Your KnowledgeNews of Facebook's IPO swamped the Internet earlier this week, when the company's 213-page S-1 document went up on the SEC's website, promptly crashing it.
2 days ago - Summary Box: Facebook users get more than give
FINDINGS: A new study from the Pew Internet and American Life Project finds that the average Facebook user gets more than they give. That means more messages, more "likes" and more comments.
2 days ago
Subscribe