Facebook Effect: How The Social Network Changed the World
In case you have not heard, Facebook (FB) goes public today and its initial public offering makes it the most valuable company at the time of its offering to ever go public. At $38 a share the company is valued at $104 billion.
While demand to own a stake in the tech giant has been much greater than any would have expected, a new AP-CNBC poll shows that 50 percent of Facebook users believe the social media network may be just a passing fad.
Facebook Testing Highlights; Turning Users Into Paying Customers
As Facebook (NASDAQ: FB) prepares to go public this Friday, it is already moving to show potential investors new monetization opportunities. Facebook Highlights is an initiative the Palo Alto, California-based social network is testing in selected geographies, whereby regular users pay so that their social updates get preferential treatment across all of their friends' news feeds.
Google Stuns the Auto World with Self Driving Cars
Apple (AAPL) crossed an amazing milestone in after-market trading yesterday, when its market capitalization exceeded $500 billion for the first time. To put this in perspective, the tech juggernaut is now more valuable than the gross domestic product of Poland, Belgium, Sweden and even Saudi Arabia.
Zynga posts loss on pricey stock compensation costs
Shares of Apple reached $500 for the first time on Monday, setting yet another high-water mark for the tech giant.
Apple's (AAPL, Fortune 500) stock has been soaring lately, boosted by record sales of the iPhone and iPad. Even the 28-year old Macintosh line continues to set new sales records.