Facebook has filed for its initial public offering (IPO), and assuming the Securities and Exchange Commission (SEC) approve it, Facebook will emerge on the public stock market in a couple of months, create up to $10 billion of capital, and make multi-millionaires out of its stock-holding employees.
To start the IPO ball rolling, Facebook had to submit an S-1 form to the SEC.
initial public offeringFacebook’s only weakness: MobileExtremetech Thu, 02/02/2012 - 05:45
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Pandora targeted in smartphone privacy probeDigg / Tech Industry News Mon, 04/04/2011 - 13:43
Just months after filing for an initial public offering, Internet radio site Pandora has been served a subpoena as a result of a federal grand-jury investigation of information-sharing practices by smart phone applications. Tags:
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