Facebook shall now be called FaceBANK as the company prepares to go public! Facebook updated its status Wednesday revealing that it plans to go public, a move some anticipate to raise as much as $100 billion dollars.
A Facebook valuation of roughly $100 billion would rank the company just below McDonald’s, which is currently 25th, at $101.5 billion.
If its initial public offering of stock goes according to plan, Facebook or its ticker symbol “FB” will probably make its stock-market debut in three or four months as one of the world’s most valuable companies. Click Here to Read More
The Fortune 500 ranking of the US largest corporations have just been released. Exxon Mobil tops the list with $45,2 Billion in profits! Wowsa! Click Here to Read More
Well not really… but the mighty may have been dinged! A tiny Toronto based software manufacturer has successfully sued Microsoft, winning $290 million! Click Here to Read More
Two penniless, Budapest brothers who currently live in caves are reported to inherit a staggering 4Billion euros from a relative they never knew! Click Here to Read More
According to CNNMoney Cyber Monday is looking great for online retailers. The internet monitoring firm Akamai tracked over 270 retailing websites and reported that more than 4.3 million visitors per minute in North America were online browsing. That 285 million in 1 hour! Click Here to Read More
Who would have thought that death would be such big business for a lifelong performer such as Michael Jackson! It has been only four months since his death, but Michael has out earned the likes of Elvis Presley and John Legend. Want to know how much he made?
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