In light of its impending multi-billion-dollar IPO, its user base of 900 million and its increasingly sprawling design and user experience, some people have come to believe that Facebook has gone crazy. Excuse me, "cray cray." What's more, even though it's only two-odd years old, Facebook's "Like" button is now ubiquitous on the Webs. But with how quickly these young people are picking up new technology these days, let's be honest, "Liking" things is for old people.
Facebook filed its initial public offering for $5 billion. What makes the company worth so much money? In 2011, Facebook reported having over 845 million active users and raked in revenue of over $3.7 billion. 85% of Facebook’s earn... Read Post
Remember that overplayed line from The Social Network that went something like: “a million dollars isn’t cool – you know what is? A billion dollars.” Well, as it turns out, a single billion is now chump change for Facebook, as they ... Read Post