Outrageous, Ridiculous, Puzzling and Just Plain Dumb Things Spouted By The Technorati In 2013


As the year draws to a close, let’s take a moment to reflect on some of the less profound statements made in 2013 by technology industry CEOs, entrepreneurs, insiders and other folks who should have...
    






Would Elon Musk Sell Tesla To GM Or Ford In PayPal Redux?


Tesla has been on a remarkable run this year, with the stock up nearly 360% as the company rolled out its award-winning Model S to thousands of new customers. But perhaps that means its a perfect...
    






A New Era For Entrepreneurs And Startups Has Begun


Since the recent recession, and at least partially sparked by it, I’m seeing a real resurgence of entrepreneurial spirit, and more startup activity than ever before. I believe the days of the “job...
    






‘Shark Tank’: What Fans Should Know About Betting On Startups


Seven million viewers watch ABC’s “Shark Tank,” a reality show that pits four savvy venture capital investors—the “sharks”—against wide-eyed entrepreneurs who need funding to expand their companies...
    






Facebook prices secondary stock offering at $55.05


Facebook CEO Mark Zuckerberg to reap $2.3 billion in secondary stock offering priced at $55.05 SAN FRANCISCO (AP) — Facebook has priced a secondary offering of its stock at $55.05 a...
    






Mark Zuckerberg Plans to Sell 70 Million Facebook Shares of Worth $3.9 Billion


Facebook wants to clear its taxes. And this is the reason that the giant social networking site today announced an underwritten registered public offering of 70 million shares of its Class A common...
    






Twitter Prices its IPO at $26 per Share for an Overall Value of $18.1 Billion


Twitter has announced on Wednesday that the company sold 70 million common stock shares at $26 each. The micro-blogging site also said that its shares will go on New York Stock Exchange today under...

Outbrain Hires Jeff Davison as First CFO and Plans 2014 IPO


Outbrain is a set up that aids such top publishers as CNN and USA Today in printing stories and adverts for readers. Currently, it is borrowing $200 to $300 million from none other than Wall Street...

Facebook updates S-1, adds Q1 earnings, revenue up 45% over last year

Facebook updates S-1, adds Q1 earnings

Facebook just filed an amended S-1 (that all important document that officially announces its public offering plans) with some new financial info. Now included in the charts and graphs is everything you wanted to know about Q1 of 2012 at Facebook (but were afraid to ask). The new SEC filing reveals that revenues are way up at the social network over last year (a whopping 45 percent higher than Q1 of 2011), but down slightly from last quarter (six percent), settling at a more than respectable $1.058 billion. Of the cash it took in, $872 million of it was ad revenue, which is down from Q4 of 2011 ($943 million) but up significantly from Q1 of last year ($731 million). Facebook was even able to slap a per-user amount on its 900 million active monthly members -- $1.21 -- that's the average revenue for each person with an account at the site. Of course, membership has continued to grow, with 532 million stopping by daily, up from 372 million just a year ago. As for that Instagram purchase, it looks like the widely reported $1 billion figure wasn't entirely accurate -- at least not when talking cold, hard cash. Only $300 million was turned over in immediately spendable currency, the rest of the deal involved 23 million shares of common stock. If you're a sucker for financials hit up the source link.

Facebook updates S-1, adds Q1 earnings, revenue up 45% over last year originally appeared on Engadget on Mon, 23 Apr 2012 15:46:00 EDT. Please see our terms for use of feeds.

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