Credit is due as media embraces Facebook
For an industry increasingly turning to social media to expand its audience, Facebook proves a boon and a burden on business
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Facebook’s IPO at $38 valued the company at $104bn, propelling it into the ranks of the top 25 US public companies
Facebook shares close below $29
Shares of the company fell almost 10 per cent on Tuesday, closing below $29 for the first time as initial options trading indicated that the extreme volatility is expected to continue
Facebook’s first week
The post-IPO kerfuffle reflects the sensitivities of social networking itself but a couple of matters need to be addressed
Broker losses on Facebook put at $100m
When brokers discovered they had larger holdings than originally thought, many rushed to offload excess holdings, sparking a tumble in the shares
Facebook launches mobile pic-sharing app
The social network introduces the new standalone program less than two months after agreeing to buy Instagram, a similar app, for $1bn
Investors sue Facebook and banks on IPO
Group files lawsuit in a US federal district court, alleging ‘untrue statements of material facts’ in the social network group’s prospectus
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The Facebook rich list
As the social media innovator unveils its initial public offering, one of the big questions is how rich the float will make its earliest investors
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Social media management groups target top spot
Cottage industry of firms has sprung up on Facebook offering services that allow businesses to exploit full potential of its reach
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Facebook’s woes add to fears on Wall Street
Poor after-market performance and perception of greed among early backers and banking syndicate hurt efforts to woo retail investors back to shares
Markets: Facebook unfriended
The botched flotation has embarrassed Wall Street, exposing technical failings and questionable practices – and raising concern that it is using yesterday’s methods, writes Telis Demos
How Facebook went from triumph to disaster
The recriminations and investigations have already started on the high-profile IPO that fell apart in the space of eight days
M Stanley turns profit on Facebook support
The profit for the lead underwriter is likely to focus attention on the mechanics of how big Wall Street banks ‘stabilise’ shares in IPOs
The Facebook president in need of new friends
It is not too late for Mr Obama to transcend the social marketing values that seem to characterise his re-election campaign, writes Edward Luce
Boy wonder comes of age on Wall Street
The creator of the most visited website on the internet has gone from dorm room prankster to admired chief executive, says April Dembosky
Retail demand for Facebook risks inflating IPO
Heavy interest from individual investors is threatening to push the social network’s shares to unsustainable levels at its initial public offering
Facebook must adapt to rise of smartphone
Nearly half of the site’s 900m users access its social network from a mobile device but the soon-to-float business is not quite ready for them
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