Editor's Pick
“A million dollars isn’t cool. You know what’s cool? A billion dollars,” Sean Parker says in the famous line from “The Social Network.”
Trite though the line may be, Facebook, valued at $104 billion, is in the process of minting …
Editor's Pick
Status update: Facebook has priced its shares at $38 apiece and will raise $16 billion (up to $18.4 billion with its over-allotment option) tomorrow in its long-awaited initial public offering on the NASDAQ, the company has confirmed.
At $38 per …
Now that Facebook is fast on its way to becoming a public company, and its financials have been laid bare, there’s just one question that remains unanswered: What is Facebook actually worth?
A private market transaction completed Thursday may provide …
Editor's Pick
In its IPO filing Wednesday, Facebook identified mobile’s limited revenue potential, competition from other social networks, and the potential loss of advertisers as factors that could seriously harm its business. But was the social networking company, which relied on advertising …
