 Facebook expected to be valued at $100bn in stock market flotationMark Zuckerberg, the site's 27-year-old founder, hopes investors will accept firm will one day be worth 27 times current revenue
Status update: going public. Valuation up to $100bn.
It started in a single Harvard dorm room as a way to connect often lonely students, then spread rapidly across (...) [The Guardian]  Facebook's IPO announcement Full coverage as the social network launches the biggest-ever stock market listing for a technology company
Can Zuckerberg rise to $100bn of expectations?
9.06pm: Facebook's listing promises to be the float of the century.
Well, other than Google back in 2004. Facebook has announced it plans (...) [The Guardian] Mark Zuckerberg's masterplan for the 'sharing economy' | Jeff Jarvis The Facebook CEO believes he is not changing human nature, but enabling it, writes Jeff Jarvis
Mark Zuckerberg believes he is not changing human nature but enabling it. If you buy that – and I do – then I'd suggest buying his stock, for he has created the platform for the sharing economy.
With (...) [The Guardian] Facebook's letter from Mark Zuckerberg - full text The social networking site's founder published this statement of intent as the company held an IPO announcement
Facebook was not originally created to be a company. It was built to accomplish a social mission — to make the world more open and connected.
We think it's important that everyone who (...) [The Guardian] Facebook is not such a good thing for those with low self-esteem, study finds In theory, the social networking website Facebook could be great for people with low self-esteem. Sharing is important for improving friendships. But in practice, people with low self-esteem seem to behave counterproductively, bombarding their friends with negative tidbits about their lives and (...) [Science daily] Facebook files for $5bn IPO Facebook confirms plans to go public in deal that could value firm at up to $100bn, and Mark Zuckerberg's stake at $28bn
Eight years after Mark Zuckerberg launched Facebook from his Harvard dorm room, the 27-year-old on Wednesday announced he is selling shares in the social network at a price (...) [The Guardian] Silicon London is first choice of base for Google, Facebook and other tech giants The capital's young workforce and wealth of start-ups are behind last year's doubling in demand for office space for IT firms
Tech clusters are springing up all over London as international heavyweights including Google, Groupon and Facebook expand and scores of startups try to establish (...) [The Guardian] The Facebook IPO: billion-user ambition at a $1bn price | Michael Wolff Mark Zuckerberg's phenomenally successful enterprise – in effect, a wholly-owned internet – now faces hard business facts
All right, maybe the great recession and near financial apocalypse can compete for significance on a world-historical basis over the last few years with the rise of Facebook. (...) [The Guardian] Social networking sites fuelling stalking, report warns Smartphones and social networking sites are making it much easier for stalkers to target victims, say charities
New forms of digital technology and social networking sites such as Facebook are increasingly putting people at risk of stalking, according to a report published on Wednesday.
The (...) [The Guardian] Facebook market listing is imminent The world's leading social site is expected to sell off a 10% stake for up to $10bn – implying an overall value of $100bn
Bankers, bloggers, stock market traders and internet entrepreneurs from Singapore to Silicon Valley are holding their collective breath. Facebook's record-breaking stock (...) [The Guardian] Research Finds that Facebook Users are More Likely to Purchase from Brands they have 'Liked' SAN FRANCISCO, CA – January, 2012 – eVŌC Insights , a customer experience consulting firm announces the release of its latest social networking report, 'What Can Facebook Do for Me? Benchmarks and Best Pract... [WebWire Electronic Internet commerce] Tech firms join forces for anti-phishing scheme Fifteen major tech firms jointly design system to combat emails seeking to hijack passwords and other personal details
Google, Facebook, Microsoft, Yahoo and 11 other big tech companies are jointly designing a system for combating phishing email scams that try to trick people into giving up (...) [The Guardian] BooksOnBoard Unveils This Week's Bestselling US Authors and eBooks Debut author Marissa Meyer is receiving attention in Young Adult and Science Fiction circles alike following the recent release of Cinder, a futuristic retelling of Cinderella. - - "The Young Adult genre contains countless versions of both familiar (...) [WebWire Consumer electronics] BooksOnBoard Unveils This Week's Bestselling UK Authors and eBooks Sales of numerous ebooks by Sabrina Jeffries have dramatically increased in the UK this week following the release of A Lady Never Surrenders, the fifth and final addition to the Hellions of Halstead Hall series. - - "This is a series that blurs (...) [WebWire Consumer electronics] Today in Tech: Can Barnes & Noble really tackle Amazon? Can Barnes and Noble CEO William Lynch turn the struggling bookseller around? Also: Facebook could file its IPO this Wednesday. [CNN Money]
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