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Surviving Boston Marathon bombing suspect Dzhokhar Tsarnaev had time to tweet on the run After killing 3 and wounding 180, the surviving brother tweets, ‘Ain’t no love in the heart of the city,” a line from rapper Jay-Z. He adds, chillingly, ‘stay safe people.’ Between planting bombs and being on the lam, he somehow found time to tweet. Boston bombing “Suspect 2,” identified by police as Dzhokhar Tsarnaev, took to Twitter about [...] New York City’s diminutive apartments have long been the butt of many a housing joke, but now developers are poised to take the concept of downsizing to a new low. City planners believe that tiny studio units measuring 300 square feet – or six times the size of a standard jail cell at Rikers Island – could be the answer to a growing population of singles and two-person households. Mayor Michael Bloomberg [...] It just never gets old… From Andy Borowitz Introducing the Hot New Social Network, PhoneBook SILICON VALLEY (The Borowitz Report) – A new social network is about to alter the playing field of the social media world, and it’s called PhoneBook. According to its creators, who invented the network in their dorm room at Berkeley, PhoneBook is the game-changer that will leave Facebook, Twitter and even the much anticipated Google Buzz in a cloud of [...] Facebook resumes trading on Wall Street on Monday with shares being closely watched to see how well they stand on their own after stumbling out of the gate in a historic but lackluster debut. Second-guessing continued through the weekend as analysts and others debated whether the leading social network’s decision to price its initial public offering at $38 per share on Friday was overreaching or right on target. Shares briefly climbed above [...] Facebook Inc. (FB) is set to start trading today after a record initial public offering that made the social network more costly than almost every company in the Standard & Poor’s 500 Index. (SPX) Facebook sold 421.2 million shares at $38 each to raise $16 billion, a statement yesterday shows. That values the Menlo Park, California-based company at $104.2 billion, or 107 times trailing 12-month earnings, more than every S&P 500 member except Amazon.com Inc. and Equity [...] From Bloomberg: Facebook Inc. (FB) is set to start trading today after a record initial public offering that made the social network more costly than almost every company in the Standard & Poor’s 500 Index. (SPX) Facebook sold 421.2 million shares at $38 each to raise $16 billion, a statement yesterday shows. That values the Menlo Park, California-based company at $104.2 billion, or 107 times trailing 12-month earnings, more than every S&P 500 member except Amazon.com Inc. [...] Hugging a hoodie has always been a risky business, but never before have the stakes been so high. Tomorrow, Wall Street will invite the world to buy shares in Facebook and take what is expected to be a $104?billion gamble on its guiding light, Mark Zuckerberg, a hoodie-wearing 28-year-old who, only a few years ago, gave out business cards that read: ‘I’m CEO, b*tch’. It’s no wonder, then, that Friday’s stock [...] IPO estimated to be worth as much as $105B as individual shares expected to open at $38 However, it will continue to use free company page Facebook has hiked up the size of its initial public offering by almost 25 per cent, making the social media site worth an estimated $104billion. With [...]
You might not believe it, due to his unblinking stares and awkward personal demeanor, but Facebook CEO Mark Zuckerberg is actually a very good manager of working people.
You know how you can tell? In seven years, he’s grown a dorm room project into a $100 billion company with 3,000 employees. …! One of Zuckerberg’s best tricks, according to Henry Blodget’s cover story in New York magazine, is that he is really good at firing people. “Basically, there are two [...] From Bloomberg:
Facebook Inc. (FB), seeking as much as $96 billion in its initial public offering next week, is overvalued at that price, according to a Bloomberg investor poll. Underscoring concerns that growth may taper for the world’s biggest social network, 79 percent of respondents in the Bloomberg Global Poll of 1,253 investors, analysts and traders who are Bloomberg subscribers said Facebook doesn’t deserve a valuation so high. While Facebook’s communication and photo-sharing [...] BOSTON (AP) — The editor of Boston University’s independent student newspaper stepped down Tuesday after an April Fools’ edition that appeared to mock rape and drug crimes. Under the spoof banner “The Disney Free Press,” one story reported the arrests of “seven frat dwarves” for allegedly drugging and raping a female known as the “fairest of them all.” Chelsea Diana, the sophomore journalism major who edited The Daily Free Press, apologized Monday [...] NEW BRUNSWICK, N.J. (AP) — A former Rutgers University student accused of using a webcam to spy on his gay roommate’s love life was convicted of invasion of privacy and anti-gay intimidation Friday in a case that exploded into the headlines when the victim threw himself to his death off a bridge. Dharun Ravi, 20, shook his head slightly after hearing the guilty verdicts on all 15 counts against [...] From Bloomberg: Most of Facebook Inc. (FB)’s more than 800 million users are women. You wouldn’t know it from looking at the board, whose seven directors are all men. The disconnect puts the social-media company at odds with others in the industry that have at least one female director, including LinkedIn Corp. and Google Inc., and from most big public companies in the U.S. Just 11.3 percent of the Fortune 500 had male-only boards [...] Long after he became a billionaire, Facebook CEO Mark Zuckerberg still rented modest digs. But now one of Silicon Valley’s top tech celebrities has become a first-time homeowner, recently buying a large house in Palo Alto that is a 10-minute drive from what will soon be Facebook’s new corporate campus in Menlo Park. Zuckerberg has lived in Palo Alto almost continuously since he moved Facebook to [...] |
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