Nearly one year ago, I warned yet again of the trend starting to turn against Facebook. For those who don't follow me, I was most bearish on Facebook - even before its IPO. This was not because I doubted the company, but because I doubted the Goldmans Sachs/Morgan Stanley snakeoil salesman valuation. Show More Summary
One of the biggest initial public offerings in 2013 came from Twitter. The microblogging network finally went public, it was touted to be the second biggest technology related IPO after Facebook last year. Twitter stock price soaredShow More Summary
Emmanuel Dunand, AFP/Getty Images By John McCrank NEW YORK -- Nasdaq OMX Group will compensate firms on Dec. 31 for qualifying claims related to Facebook's (FB) botched May 2012 initial public offering, the exchange operator said inShow More Summary
As Facebook prepares to join the Standard & Poor's 500 index at the end of this week, CEO Mark Zuckerberg and company are still contending with the fallout from its bungled IPO in May 2012. After a rough and tumble first year on the market, Facebook is trading well above its initial $38 per share; shares closed at $55.57 yesterday. Show More Summary
Facing a lawsuit over the handling of its 2012 IPO, Facebook is taking a do-over, of sorts. The company is set to offer an additional 70 million shares, an amount worth about $3.9 billion at the current price of more than $55 a share. Most of them, some 41 million, are common Class A shares from
It has been a little over an year since Facebook decided to go public. After its IPO last year, the company’s stock price dipped which took quite a while to recover. These things happen in the course of running a public company, and so do secondary stock offerings. Show More Summary
Facebook’s stock took a dive early Thursday, thanks to a stock sale and the ghost of its IPO. Facebook announced today its plans to sell $70 million in shares, worth roughly $3.9 billion. Zuckerberg himself is selling 41.4 million shares …
U.S. District Judge Robert Sweet has ruled that Facebook, Mark Zuckerberg and dozens of banks must face a lawsuit, accusing them of misleading investors about the social network's economic health during its IPO. Ouch. Read more...
It was a big year for social media. Twitter made its successful debut on the stock market while Facebook recovered from its troubled IPO a year earlier. We also saw the launch of Vine, the rise of Snapchat and the acceptance of social...Show More Summary
An Oregon politician was sentenced to six years in prison on Monday for fraud in connection with last year’s Facebook IPO. Craig Berkman, a former Republican candidate for governor in 1994, convinced investors he had access to shares of Facebook before the social networking company’s initial public offering. Show More Summary
It may not have had the buzz of a Twitter or Facebook but Blackstone's IPO of Hilton Worldwide is one for the books.
Last month, Twitter had a wildly successful IPO but a recent report from Shareaholic shows Facebook is really where it's at (at least for website owners). The dominant social network, unsurprisingly, drives the most social traffic to websites. Show More Summary
Facebook and Google were both said to be trying to buy WhatsApp. Japan’s Line is mulling an IPO. China’s WeChat is becoming a threat to the country’s equivailent of PayPal. Snapchat turned down a $3 billion acquisition offer from Facebook. All of the top 10 games in South Korea’s App Store have come via KakaoTalk. Messaging, it is clear now,...
Facebook goes public and its stock declines. Commentators write that investors should have known it was overpriced. Twitter goes public and its stock pops. Commentators write that the company left money on the table. Not nearly enough people though remark on how crazy it is that companies still go public the way they do. Show More Summary
It was the first time the exchange conducted a mock IPO as it takes pains to avoid the technical problems that marred Facebook's debut
What was the social buzz around Twitter’s initial public offering? How did it compare to Facebook’s? Who’s doing the buzzing? To answer these questions and more Mashwork and CNBC designed this infographic, which takes a closer look at conversation across the social media landscape the day before and through Twitter's IPO. read more
In response to Twitter going public, Benjamin Kunkel pens a manifesto arguing that “social media can either be profitable or it can be social. In the end, it can’t be both”: The IPOs of Facebook and Twitter should therefore be reversed, through the socialization of both companies and other social-media services that attain a similar […]
Summary: As almost all of us have heard, in the wake of its IPO, Twitter unveiled new features. One is Custom Timelines (where you supposedly can have multiple timelines for your Twitter account) and, what is probably even more important for PR and marketing types, an ability to include images and video on tweets. Yes, you read it correctly.
Just when Twitter briefly dipped in bear market territory from its post IPO highs, and threatened to wipe out the retail mania of 2013 (very much as FaceBook did in 2012), here comes the hail mary to provide the most anticipated IPO of the year its second wind. Show More Summary
Before its IPO, last Thursday, Twitter reacted to the strong demand for its initial public offering by raising the price range for its shares (from $17 to $20, as initially planned) to $26 per share. As a result, Twitter raised...