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Tag Archives: Facebook

Quote: Silicon Valley Observers Shrugging Off Facebook IPO Flop

While some analysts fear that Facebook’s “less than stellar” IPO performance might dissuade other similar companies from going public, at least not soon, others believe no real harm was done and tech companies and social networking companies should not be discouraged. "Whether Facebook is worth $95 billion or $100 billion, it's immaterial," said Jeremy Liew… Continue Reading

Facebook Buys Instagram for $1 Billion

With only a few months to go before Mark Zuckerberg takes Facebook into the world of publicly owned companies, the world’s largest social networking on-line tool has purchased Instagram for $1 billion. Promising that this type of purchase was not going to happen too often, Zuckerberg said that the acquisition of Instagram was “an important… Continue Reading