Facebook ups share price range to $34-$38, likely putting market cap above $100B
Facebook today increased the expected share price range for its initial public offering to $34 to $38 a share, according to an amendment to its S-1 filing with the Securities and Exchange Commission. On the high end, the new price range puts Facebook’s market cap over $100 billion. Previously, the company set a range of $28 to $35, giving it a maximum valuation of $96 billion. Facebook’s initial price range was relatively low considering that company shares went for $44.10 on secondary exchange SharesPost in March. The increased price range suggests there has been significant demand for the stock as Facebook executives met with investors during its roadshow last week
Posted by Dassano Date: Tuesday, May 15, 2012
Tags: acquisitions, federal-trade, instagram, kansas, kansas-city, nasdaq, public-offering, reason-the-deal, ring-the-nasdaq, social
New this week on the Inside Network Job Board: Lowe’s, Fiveonenine, SponsorPay and more
The Inside Network Job Board is dedicated to providing you with the best job opportunities across social and mobile application platforms.
Posted by Dassano Date: Sunday, May 13, 2012
Tags: accountant, director, flash, jobs, manager, media, network, social, software
Inside Facebook’s pre-IPO hype
Facebook has completed the first week of its roadshow appearances ahead of an initial public offering that could value the company at up to $96 billion when it lists its shares on the Nasdaq next week. Many analysts are bullish about the stock, with Sterne Agee initiating coverage at “buy” and Wedbush Securities assigning Facebook an “outperform” rating, according to the Wall Street Journal . The social network set its price range at $28 to $35 a share. The range was lower than some might have expected, considering that company shares went for $44.10 on secondary exchange SharesPost in March
Posted by Dassano Date: Saturday, May 12, 2012
Tags: boston, calendar, chicago, country, denver, facebook, kansas, nasdaq, News, social, street, timeline, yahoo
Facebook career postings: media solutions, analysts, recruiting, more
Facebook added several analytics and media positions this week on its Careers page.
Posted by Dassano Date: Friday, May 11, 2012
Tags: facebook, gaming, gaming-manager, jobs, korea, marketing, media-solutions, Mobile, network, singapore
Facebook hires: engineering, design, counsel, more
Facebook this week expanded its design team with new hires from YouTube, Quora and Rdio, according to its LinkedIn feed.
Posted by Dassano Date: Friday, May 11, 2012
Tags: business, customer, designer, events, jobs, korea, manager, marketing, Mobile, network, politics, russia, security, singapore
Bing expands Facebook integration with new social sidebar on search results pages
Bing redesigned its search engine to include a sidebar that displays information from Facebook friends and other social media sources that might be able to help with a search topic. The sidebar includes four components: An “ask friends” feature that lets users post a question to Facebook A list of “friends who might know” about the topic of a user’s query.
Posted by Dassano Date: Friday, May 11, 2012
Tags: a-topic-based, about-the-topic, components, facebook, featured, Mobile, News, rank
Facebook announces paid app beta program
Facebook today announced that it will begin supporting paid apps on its platform to be featured and sold in the new App Center also revealed today. Paid apps are a new monetization model for Facebook
Posted by Dassano Date: Thursday, May 10, 2012
Tags: a-mention-about, Applications, ipo, netflix, netflix-or-the, paid, percentage, possibility, securities
Facebook replaces Apps and Games Dashboard with App Center, introduces paid app model
Facebook is replacing the current Apps and Games Dashboard with a new App Center feature that sorts Facebook apps by category and user ratings. Detailed on Facebook’s developer blog , App Center will be viewable from Facebook.com, mobile web and Facebook’s iOS and Android apps when it rolls out over the next few weeks
Posted by Dassano Date: Thursday, May 10, 2012
Categories: How to, Mobile, News
Tags: a-complete-social, a-renewed-focus, a-year-ago, friends, games, monetization, over-the-next, position-on-app, rating, ratings, screenshot, though-it-still, well-as-module
New this week on the Inside Network Job Board: Lowe’s, Townsquare Media, Sociable Labs and more
The Inside Network Job Board is dedicated to providing you with the best job opportunities across social and mobile application platforms. Here are this week’s highlights from the Inside Network Job Board , including positions at: Lowe’s , Townsquare Media , Sociable Labs , Fiveonenine Games , SponsorPay , IMVU , King.com , Kixeye , PopCap Games , Nuukster , Sneaky Games , GameHouse , Ryzing , Machine Zone and SoJo Studios .
Posted by Dassano Date: Thursday, May 10, 2012
Tags: accountant, jobs, monetization, ratings, senior-producer, social, software, though-it-still
Socialcam passes Yahoo, CityVille to become most popular Facebook app by monthly active users
Video application Socialcam vaulted to the No.
Posted by Dassano Date: Thursday, May 10, 2012
Tags: facebook-both, graph, million-monthly, Mobile, News, open graph, open graph apps, over-the-past, result, socialcam, trying-the-app, video-it-seeks, videos, yahoo
