At Facebook's original $28 to $35 per share, the social networking giant was pegged at a valuation of roughly $94 billion, just under earlier predictions of the $100 billion mark. But due to "strong demand," Mark Zuckerberg's company has just upped the IPO range to a high of $38, which hikes the valuation of Facebook to a mind-boggling $104 billion.
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In 2007, two University of Calgary students posted critical remarks about one of their professors in a Facebook group devoted to complaints. The students, twin brothers Keith and Steven Pridgen, were punished by the university for "non-academic misconduct" by being placed on probation.
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Facebook has launched what it calls the App Center, a "new place for people to find social apps." Obviously similar to mobile stores like Apple's App Store or Google's Play store, the App Center will aggregate canvas, mobile, and web apps on Facebook.
The social network says that, in the "coming weeks," people will be able to access the App Center on the web and in the iOS and Android Facebook apps.
Facebook hopes that the App Center will become the "central place to find great apps." They're currently encouraging all developers to create an app detail page, which is required for being listed in the App Center, and will become the new destination when non-users search for your app on Facebook.
Want to learn about Facebook straight from its top executives, including founder Mark Zuckerberg? See the hard statistics, get a feel for the social network's vision of the future? Then we recommend watching the company's half-hour IPO roadshow video.
Facebook, as you well know, is going public this month. It's valued at close to $100 billion despite only about $4 billion in annual revenue and slowing growth. However, it does have one in eight people in the world visiting the site regularly - a pretty breathtaking feat. Would you buy shares in Facebook after watching their video pitch?
Infamously dubbed the worst-dressed man in Silicon Valley, 27-year-old multi-billionaire Mark Zuckerberg favours cheap hoodies over top plain tee shirts and jeans with sneakers. Many say his choice of attire represents a lot more than mere fashion.
Wedbush Securities analyst Michael Pachter says that Mark's signature hoodie is "a mark of immaturity." Michael describes the Facebook founder as a "genius" but questions whether the stubborn CEO will be able to run a public corporation and answer to shareholders.
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TechCrunch's Ingrid Lunden is reporting that Vancouver social media darling HootSuite is in the process of raising a $50 million round at a staggering $500 million valuation from Twitter, Facebook, LinkedIn and Google.
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Facebook boasts more than 900 million active users—that's roughly 13% of the Earth's population. It has made famous the iconic "like" button and turned "friend," "Facebook," and other nouns into verbs. It has spurred jokes, memes, parodies, competitors—even a best-selling book and Hollywood blockbuster. It, being a social network, has also witnessed its users develop particular online habits and etiquette.
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Toronto's RentCompass has added a Facebook app to its portfolio.
Self-touted as Canada’s first renters’ mobile App available on iOS and Android devices, web startup RentCompass has been dedicated to making renting easy and accessible for Canadians.
The Facebook app is naturally social: it allows you to get your friends' opinions on neighbourhoods and building and share listings friends who are hunting for their next space.
RentCompass says its goal is to create "a streamlined rental property solution that is always up to date, on the web and mobile." The RentCompass iPhone app is th most downloaded Canadian rentals search app in the iTunes store and is rated four out of five stars.
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Facebook Offers never really took off in the US. In fact, it was killed off after just a few quiet months of testing.
Yet the social networking giant is resurrecting the service and bringing it to Canada. Offers, which is a daily deals service akin to Groupon, will let businesses send out deals to the newsfeeds of Facebook users who have "liked" them. Should that user accept the deal, they'll get an email voucher and redeem it.
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Vancouver's Invoke Media announced today that they have been selected by NBC to help power the interactive marketing strategies for the television series The Voice.
Invoke has built a Facebook application called The 5th Coach Game that should suck fans even deeper into the singing competition show. The app lets fans to create their own virtual team, essentially becoming the fifth coach. The application provides interactivity, social game mechanics, community sharing and features exclusive content, weekly prizes, and a sweepstakes contest.
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