As expected, Facebook completed it’s Initial Public Offering today raising a staggering $16 billion, bringing the total valuation of the uber social network to $104 billion, which makes it one of the biggest IPO’s filed ever.
(Source: bitshare)
Facebook just passed a momentous turning point in the number of active users it has. For a while, they were in the 800-850 million user threshold, but in an amendment to their S-1 IPO filing, they say they now have 901 million active users.
(Source: bitshare)
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