Facebook has another reason to celebrate this year: the world’s largest social network has made it into the Fortune 500 list.
The social networking company only needed nearly nine years after launch to break through the illustrious list of U.S. companies.
Excluding spun-off companies, Facebook is the fastest company in history to enter the Fortune 500 list after it went public.
The previous titleholder was Google, as it made the list 16 months after its initial public offering.
Facebook …

IPO – Initial Public Offering and proof that Huawei wants to remove uncertainties surrounding its ownership. When a company wants to be listed for IPO, it should provide a clear structure of the company, with risks and opportunities of development, etc..
Huawei needs capital to enter strongly on the U.S. market, where they aren’t seen very well because it is believed that, at a high level, there is a link between the Asian company and the Chinese military structures. This is not ok …

Facebook has reported a below $20 share price for the first time late last week.
Facebook’s overrated and spoiled initial public offering (IPO) has led to serious qualms concerning the firm’s ability to produce cash, after reporting a minimum number of 83 million fake user accounts and causing its stock price to drop down by $20 on Thursday, with trading scraping above that figure at $20.04.
Investment banks have originally granted the popular social network a value of $100 billion …

A new poll carried out by the Associated Press (AP) and CNBC found that social networking giant Facebook has some steep challenges to overcome as it moves ever closer to becoming a public company this week.  Facebook is expected to start trading on Friday.
The AP-CNBC survey of 1,004 Facebook users, conducted between May 3 and May 7, found that 57 percent of Facebook users don’t click on sponsored content or ads and another 26 percent said they rarely do. Facebook depends on advertizing for …

Social networking giant Facebook, which is getting ready for a widely anticipated IPO this spring, saw its first quarter to quarter revenue slide in two years, raising red flags for investors who have been watching its sizzling growth with keen interest.
 
Facebook is expected to raise a whopping $5 billion when it goes public, based on a $100 billion valuation, but the decline in revenue during the first quarter may be an indication that it can’t sustain its current rate of growth and …

Social networking giant Facebook, which announced just last month it will stage a $5 billion IPO later this year, was down for many users in Ireland, the UK, and other parts of Europe.
 
There were also reports that users in Pakistan, Korea, and other locations further afield were not able to get onto Facebook for some time today.  According to posts on Twitter flagged with #facebookdown, Facebook’s tablet and Smartphone applications were also affected by the outage. The vast majority …

Social networking giant Facebook is working hard at developing its relationship with Madison Avenue, as evidenced by its first ever awards event to recognize what it views as agencies and brands that best use their network for advertizing.
 
“The Facebook Studio Awards” are billed as “A new award for a new kind of creativity” in a new age of advertizing in the social networking age:
 
The Facebook page for the awards event sells it this way: “The days of talking at consumers …

Professional networking website LinkedIn on Friday announced its fourth quarter financial results, boosting stock prices by 18 percent to $89.96 in trading with news that revenue increased by a whopping 105 percent.
 
The jump in LinkedIn’s stock price was the highest since the company began selling shares for $83 a pop on the New York Stock Exchange last May under the ticker symbol “LNKD”. LinkedIn fourth quarter revenues surged to $167.7 million, up from $81.7 million in 2010, in …

JPMorgan, Goldman Sachs, Morgan Stanley, and the other banks playing a role in Facebook’s initial public offering (IPO) have been warned by cofounder and CEO Mark Zuckerberg not to disclose any details to the media.  Facebook last week filed papers to become a public company as early as May this year, with an expected valuation of between $75 and $100 billion.
 
Mr. Zuckerberg, whose share in Facebook is about $28 billion, was not happy with the fact that it was revealed to the media …

News this week that Facebook had filed papers to go public this May has caused a surge of interest in social media companies, with social networking game developers Zynga enjoying a 30 percent surge in shares since last Friday. Facebook’s filing shows that Zynga accounted for 12 percent of Facebook’s total revenue in 2011.
 
LinkedIn shares jumped almost 6 percent, Groupon’s shares spiked 20 percent and the Global X Social Media ETF (Exchange Traded Fund) which was launched just this …