But that timing is just one scenario Facebook executives are considering, the person said. Executives are also considering filing a few weeks later, the person said. People familiar with the matter have said the company is targeting an IPO sometime between April and June. A $10 billion...

Time magazine has named Facebook CEO founder Mark Zuckerberg as its 2010 Person of the Year on Wednesday. Time defines the Person of the Year as the person who, for better or for worse, does the most to influence the events of the year. Time editor Richard Stengel announced the winner on NBC...

Not only did U2′s 360 world tour gross over $736 million, his investment in Facebook has quadruped in profit. In 2009, Elevation Partners — Bono's investment company — bought $210 million worth of shares in the social networking site Facebook. With Facebook's value skyrocketing — currently at...

a remarkable £1 billion worth of sales in the space of six months. "We are the only global luxury goods brand from Britain," Stacey Cartwright, a spokesperson for Burberry said. "We are unique and we are balanced across clothing and leather goods. "Our other difference is our focus on...

"Facebook to Allow Media Companies, Marketers to Post Sponsored Content" (The Wall Street Journal) "For the past few years, as advertisers spent more money on sponsored content across the Web, it was technically against the rules to post that content to Facebook unless part of a paid...

Unless you were living under a rock this week, you most likely heard about Facebook filing the paperwork for a historic $5 billion IPO that'll make a few folks billionaires (in Mark Zuckerberg's case, a $17.5 billionaire), and at least a thousand other employees multi-millionaires. With all...

Facebook, the popular social networking site, has raised $500 million from Goldman Sachs and a Russian investor in a deal that values the company at $50 billion, according to people involved in the transaction. The deal makes Facebook now worth more than companies like eBay, Yahoo and Time...

Facebook's long awaited IPO could be nothing short of astounding. New reports indicate that the social network is preparing an IPO for early 2012 that would top $100 billion. The IPO would easily become the largest ever – topping Google's 2004 IPO of $23 billion. Goldman Sachs will likely...

Big news have just dropped via , that online social networking giant Facebook has just acquired Instagram for $1 Billion. That is a hefty price tag for a young company. Instagram has grown extremely fast over the last two years and already has over 30 Million users, even though it has just...

The more interesting news, of course, is that the new app comes from Facebook, who recently acquired Instagram for a whopping $1 billion and has now opted to release a similar standalone app seemingly aimed to compete against it. The app is called Facebook Camera and it will enable Facebook...

 

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