Facebook shares are currently being horse traded at around $76, more than double that of Yahoo, valuing the company at more than $33bn. Mark Zuckerberg likes this.
The trading has hotted up ahead of the initial public offering (IPO) which is likely to take place shortly, and will be the biggest since Google did the same six years ago. Anyone who took Bodog’s longer odds of 11/10 on the IPO will be laughing at those who thought the billionth user would come first. Seems even the presence of a rogue dislike button can’t dampen the spirits over at Facebook towers. Read more.
If you have any further information related to this story that you would like to share with us privately please click here.
Can't get enough CalvinAyre.com? Follow us on Twitter and Facebook, then you'll never miss out on the latest gaming industry news.
Pingback: Lifestyle News | Facebook settles FTC deceiving consumers privacy
Pingback: Lifestyle News | Facebook – will it reach 1 billion users next year?