“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 …
Facebook’s opening price values Instagram at $1.27B and Kevin Systrom at $506M
Facebook is looking mighty fine today — especially if you’re Instagram, the photo-sharing company that sold its hit mobile application to the social network one month ago for a cool $1 billion in cash and stock.
But wait. Did we …
Facebook’s rocking, all-night hackathon kicks off with standing ovation for CEO
On the eve of the largest technology IPO in American history, the company at the center of all the hoopla is celebrating in a geeky-chic style emblematic of its eight-year history.
Friday morning at 6:30 a.m. Pacific, Facebook CEO Mark …
Confirmed: Facebook sets $38 share price for largest tech IPO in U.S. history
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 …
Everyme, the truly private social network, arrives on Android and the web
Sitting at the intersection of group messaging and social networking is Everyme, a startup so zeroed in on private communication that it prevents sharing beyond its walls. Today the company, which allows users to post updates and photos to groups, …
Facebook’s world takeover by the numbers
With eight years, $2.2 billion in funding, and 901 million users under its belt, Facebook is set to become a public company. Thanks to data compiled by analytics firm Nieslen, we can revisit some of the more memorable moments of …
Bieber joins Viddy, posts hot, topless video… of himself
Oh, boyfriend. Pop superstar Justin Bieber has joined video-sharing sensation Viddy.
The “Boyfriend” singer took a mini break from promoting his coming-soon album “Believe” on Twitter to solicit a little Viddy love from his almost 22 million Twitter followers — …
SNL hooks up with Color to broadcast from backstage
The first fruits of a multi-year deal with Verizon are starting to pay off for live video-broadcasting startup Color. Thanks to Verizon’s match-making skills, sketch comedy show Saturday Night Live will be using Color to broadcast unscripted, backstage footage to …
Dressed in Metro, LinkedIn looks good on Windows Phone
Good news, Windows Phone owners. Professional social network LinkedIn, in its quest to master mobile, has released another stunning mobile application — but this one is just for you.
The application, the company’s first official release for the platform, is …
New CEO Ross Levinsohn, in message to Yahoos, says “focus on the momentum”
After an agressive reign that ended in a sordid resume scandal, Scott Thompson, just four months into his job as CEO, is out at Yahoo. Intermin CEO Ross Levinsohn, appointed to the position Sunday, is already in communication with Yahoos …
Facebook’s mobile risk by the big, bad numbers
Mobile is Facebook’s advertising Achilles’ heel, a fact the social network was not only quick to point out to investors in its first S-1, but also anxious to emphasize in the latest prospectus amendment.
Data from comScore, which shows that …
Scott Thompson out at Yahoo (updated)
Update: Yahoo said in a statement Sunday afternoon that Ross Levinsohn has been named interim CEO, effective immediately. Fred Amoroso was named chairman of the board. The company also said that it has settled with Third Point. Daniel Loeb, Harry …
