Just days ago, Facebook’s CEO Mark Zuckerberg announced at an event that Facebook’s focus, in the coming days, will be on the mobile platform. To this end, Facebook acquired Instagram a while ago. And now, Facebook has made yet another acquisition which goes on to show that the social network is serious about the mobile platform.
If you have seen the movie Social Network, you sure must know about the Winklevoss twins. The duo are the ones who claimed that they were the ones who originally came up with the idea of Facebook. Eventually, though, they ended up by getting a hefty sum from Facebook’s CEO, Mark Zuckerberg, and settling things at that.
For those who were thinking that getting around faking Facebook stocks is not that hard are wrong, because a precedent to this extent has been set for them. Recently, a woman in Wisconsin was charged with theft when she was accused of trying to sell fake Facebook stocks, which presented as real, according to a report by CNBC. The 46-year-old woman named Marianne Oleson pretended to have obtained stocks worth $1 million because her daughter knew Mark Zuckerberg, the social media genius behind Facebook.
Everyone has been eagerly waiting for Facebook to go public. For long Facebook has withheld the temptation, just trying to build itself up and reach a very sustainable level by expanding it’s revenue streams. And now, finally, it’s CEO Mark Zuckerberg has given the nod and the company has gone public. The company is looking forward to raising a whooping $5 billion fro the IPO filing. This will result in turning hundreds of Facebook employees into millionaires.
Facebook, the largest online social network, has seen truly meteoritic success. Within a few years, it has evolved from a fun venture by a person to one of the most successful tech companies in the world, and perhaps the fastest growing company. All this, due to an all new social networking experience that Facebook provides. While Facebook has already the 800 million mark, Mark Zuckerberg seems all set to see still greater heights of success as estimates project that Facebook will hit the 1 billion user mark in August 2012.
The movie rights to the Steve Jobs biography written by Walter Isaacson look set to be bought by Sony Pictures and Sony Pictures is believed to be in final talks to acquire the movie rights to the forthcoming and eagerly awaited Steve Jobs biography. Hollywood blog Deadline, the deal could be worth several million dollars and Sony had a big hit last year with another biopic, the Oscar-winning The Social Network, based on Facebook co-founder Mark Zuckerberg………………..
Facebook CEO Mark Zuckerberg has unveiled the company’s much anticipated overhaul of profile pages, transforming the user profile into a virtual scrapbook that digs all the way into your past and at f8 developer conference Zuckerberg laid out Facebook’s vision for the future of profiles. Timeline will automatically help users by saving the important items and shrinking the lesser ones and Facebook update is serious business for the company, which has partnered with the movie provider Netflix, the music service Spotify and many others………………..
Reuters reports that Facebook’s revenue for the first half of 2011 hit $1.6bn with its Net income falling just short of $500 million and Facebook is still a private company and doesn’t publicly disclose its financial details. Facebook’s strong financial numbers underscores its growing popularity among its advertisers and the ompany’s early move to capitalize on the power of social networking by attracting advertisers put it ahead of competitor Google. Facebook was created by Mark Zuckerberg in 2004 and there are currently about 750 million users of Facebook, which is one of the most visited destinations for people on Internet…………….