Apple co-founder Steve Wozniak talked to Bloomberg about the Facebook IPO, affirming that it’s a “buy” at any price.
Bill Gates told CNBC that Facebook founder Mark Zuckerberg reminds him of himself in “certain ways.”
Facebook is on schedule for a mid-May I.P.O. The social network giant is completing up its prospectus with regulators.
Facebook’s Cost Per Click (CPC) on an ad fell from approximately 62 cents in October 2011 to about 45 cents in February 2012, in some territories.
According to a study of 45 billion ad impressions on Twitter and Facebook in Q1 2012 by TBG Digital, Twitter gets much higher CPMs than Facebook and earns more money per impression than Facebook
Facebook has purchased Instagram, the very popular photo-sharing application, for approximately $1 billion in cash and stock, according to the Company.
Facebook will list its shares under the ticker symbol FB on the Nasdaq
WPP agencies doubles spending on Facebook, to $400 million
Yahoo is threatening legal action against Facebook over its patent holdings.
Facebook said in a filing that it was seeking to raise up to $5 billion through its I.P.O., and that the social network giant is aiming for a debut that would value it between $75 billion and $100 billion.
