Posts tagged “Mark Zuckerberg

Facebook IPO Expected to be $100 Billion, Largest of Any Tech Company in History

FBIPOSH

Posted by: Valerie Jennings, CEO of JSMM

While it hasn’t been confirmed, reports are circulating that Facebook Inc. will go public this year. Facebook has kept quiet about the move, but many anticipate the IPO to hit this May. If and when this happens, it will be huge.

This article and infographic posted by Joann Pan of Mashable, projects Facebook’s IPO to be six times larger than Google’s and will be the largest of any tech company in history.

How Facebook’s Expected $100 Billion IPO Breaks Down [INFOGRAPHIC]

Rumors are flying about Facebook Inc. going public this year. So, just how much money is the world’s largest social network worth?

Reports project that Facebook will go public some time between April and June. The company itself has remained hush-hush about the initial public offering.

The infographic below shows how the company’s projected valuation of $100 billion breaks down and which Facebook Friends will be getting a piece of the pie.

Facebook’s IPO will be the biggest of any tech company in history — six times that of Google’s, according to Accounting Degree Online.

The company itself is preparing to raise $10 billion this year, according to reports, to push the company’s public value to $100 billion. More than Disney ($61 billion), Amazon ($88.3 billion) and McDonald’s ($95.6 billion).

Who will be cashing in? Facebook CEO Mark Zuckerberg, co-founder Dustin Moskovitz, co-founder Eduardo Saverin, co-founder Chris Hughes and Sean Parker, Napster co-founder and Facebook partial owner (he owns 4% of Facebook). Zuckerberg will make an estimated $25 billion, owning 24% of the company.

And just how will Facebook reach the $10 billion excess profit by April or June? By increasing Facebook revenue from advertising, Facebook fan pages and display ads.

facebook ipo Facebook IPO Expected to be $100 Billion, Largest of Any Tech Company in History

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Mark Zuckerberg Reveals Major Facebook Updates at F8

Posted by: Micah Pratt, social networking research & development

Over the years, Facebook has been known to make small changes to how users operate on the social networking site. With Google+ becoming a threatening competitor, Mark Zuckerberg made serious changes to Facebook. On September 22, Mark Zuckerberg explained exactly what the 800 million users could expect from the new and improved Facebook at its annual developer conference including:

Timeline: a stream of information about you
Facebook Gestures: turning any verb into a button, similar to the “like” button. Example: Reading a book.
Open Graph: third-party companies can connect their apps and services to Facebook using a one-time permission from the user to share stuff on Facebook
Subscribe: subscribing to strangers or celebrities to receive posts from them without being Facebook friends
Ticker: a real-time list of what your friends are posting
Media: watching TV and movies, listening to music and reading news all within Facebook

Watch the whole video here

fb 416x252 Mark Zuckerberg Reveals Major Facebook Updates at F8


Facebook’s Failed Anonymity brings Failed Campaign

Posted by: Patricia Freeman

Here is a recent article written by New York Times reporter, Miguel Helft, about the “intended” anonymity of Facebook. Mark Zuckerberg, Chief Executive and creator of Facebook, has, on more than one occasion, said that, “Having two identities for yourself is an example of a lack of integrity.” However, Zuckerberg must have thought his preachings were only relevant to his personal life, instead of his professional career as well. This is proven by Facebook trying to hide their identity while wrongfully persuading members of the media to write condemning reports and stories about Google’s newest social media craze, Social Circle. All may be fair in love and war, but not in the work place.



Facebook, it seems, doesn’t always practice what it preaches.

For years, Mark Zuckerberg, the chief executive of Facebook, has extolled the virtue of transparency, and he built Facebook accordingly. The social network requires people to use their real identity in large part because Mr. Zuckerberg says he believes that people behave better — and society will be better — if they cannot cloak their words or actions in anonymity.

“Having two identities for yourself is an example of a lack of integrity,” Mr. Zuckerberg has said.

Now, Facebook is being taken to task for trying to conceal its own identity as it sought to coax reporters and technology experts to write critical stories about the privacy implications of a search feature, Social Circle, from its rival, Google.

The plan backfired after The Daily Beast revealed late Wednesday that Facebook, whose own privacy practices have long been criticized, was behind the effort. It didn’t help that some of the technology experts who were encouraged to criticize Google dismissed the privacy concerns around Social Circle as misplaced.

“Doing this anonymously is an obvious contradiction of Facebook’s oft-stated values,” said David Kirkpatrick, the author of “The Facebook Effect,” a book about the company. “It feels hypocritical.”

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Facebook CEO Mark Zuckerberg Talks Business With Diane Sawyer

Posted by: Micah Pratt

Last Wednesday, Mark Zuckerberg sat down for a rare public interview with ABC News’ Diane Sawyer to discuss the continued success of Facebook along with the latest pressure it has faced. Facebook, the largest social networking site, recently hit a major milestone of 500 million users but along with fame has come issues dealing with privacy and a lawsuit that Zuckerberg sold a portion of the ownership in exchange for work in the early years of Facebook.

Watch the interview here.

Picture 43 Facebook CEO Mark Zuckerberg Talks Business With Diane Sawyer


Google’s CEO Joins Twitter and Follows … Heidi Montag?

Posted By: Valerie Jennings
We’ve seen professional athletes, high-profile celebrities, and the average Joe all open up to the world of Twitter and social media. According to the following blog from Mashable, the CEO of Google has joined the Twitter fold as well.

Google’s CEO Joins Twitter and Follows … Heidi Montag?
At this point, not many new high- profile sign-ups to Twitter are worth reporting, sans perhaps the guy that invented the Internet and Mark Zuckerberg, founder and CEO of Twitter nemesis Facebook. But according to reports, another Twitter rival’s CEO — Eric Schmidt of Google — has joined the service. (Read More)