Just after the markets closed on its first day of public trading, Facebook amended its S-1 with a complete prospectus detailing how much stock each underwriter got to sell. Morgan Stanley, the lead-left bank, received 162.1 million shares ($ 6.15 billion worth) followed by J.P. Morgan with 84.8 million ($ 3.22 billion), and ...
I think the folk tale of employers asking to see a candidate’s Facebook account was apocryphal at best, but it seems like it’s even being debunked in HR circles. Andy Lester a blogger on high-tech career-hunting, has noted that the tale, which surfaced in an AP story a few weeks ago, has been picked up ...
In 2006, former Yahoo employee Thyagarajapuram S. Ramakrishnan was working for Facebook when he filed a patent for the news feed. Today in a sweet piece of irony, Facebook is using that same patent to sue Yahoo. Facebook claims that Yahoo’s Flickr Photostream and Activity Feeds infringe on “Generating a Feed of Stories Personalized for ...
The test group for “Facebook Messenger for Windows” just got a whole lot bigger. Israeli blog TechIT has leaked a Facebook CDN download link for the desktop chat client Facebook began testing with a small number of users last month. The client includes notifications and the Ticker which link back to Facebook.com, and therefore could drive engagement with the ...
Editor’s note: This guest post is written by Tom Anderson, the former President, founder and first friend on MySpace. You can now find Tom on Facebook, Twitter, and Google+. If it’s not obvious yet, Google+ is going to be able to “undercut” Facebook when it comes to game developers and platform transactions. Instead of taking a 30% cut of all ...
Hitwise has released another staggering data point in favor of Facebook’s domination today. According to Hitwise’s data, 1 in 4 page views in the US took place on Facebook.com as of last week. In March, Hitwise reported that Facebook overcame Google to become the largest website in the U.S. with 7.07% of all U.S. visits. Google ...