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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.
Are you connected to college friends on Facebook?
Earlier this week, Instagram was able to take pride in a $1 billion purchase from Facebook. Later it found solitude in its top spot in the App Store, and now the company boasts it has grown 30 percent in the past 10 days.
Facebook announced this week that its users will be able to download an expanded archive of their Facebook account history.
- To writhe; struggle or twist about with more or less force; wriggle.
- To scribble, jot.
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