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eCGlobal Solutions is expanding eCGlobalNet® - its pioneering social network for consumer insights - to Spanish and Portuguese speaking markets.
If Facebook was a virus, nearly the whole world would have succumbed to it already, according to social media strategist Vincenzo Cosenza.
Shares of Facebook’s stock plunged nearly 10 percent on Tuesday, closing at $28.84, a 24 percent fall since the company’s initial public offering at a price of $38 per share on May 18.
On what should have been Facebook’s biggest and brightest day, the company’s initial public offering on Friday was overshadowed by an unprecedented $15 billion class action lawsuit filed against the social network for violating its members’ privacy.
Facebook will stop taking orders for its initial public offering (IPO) on May 16, two days ahead of schedule, but also has reportedly increased the IPO’s price range, which could give the social network a valuation of over $100 billion.
People expect to connect to other people on a social network. They don't expect to be able to support their favorite charitable causes and earn real money while doing it.
Facebook, on the verge of going public, has set its share prices at $28 to $35, a share price that would set the social network’s valuation at close to $87 billion.
Various media reports are pointing out that Facebook's advertising business is a tangled mess, which could be a warning to those wanting to invest once the company goes public.
- A coin originally worth six pennies Scots, and later three; held equivalent to an English halfpenny.
- (in plural) Money; cash.
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