News Articles

Facebook to raise $5 billion from Initial Public Offering

Mil Arcega of voanews.com writes:

Facebook is going public. The world’s largest social media network filed documents late Wednesday for its much anticipated initial public offering (IPO). Analysts say the initial offer will raise about $5 billion in the first go around, making it one of the biggest in recent history. We take a look at how much the company is worth and what that could mean for investors.

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South Africans and Kenyans are top Africa Twitterers

A new study says South Africans and Kenyans are Africa’s most active Twitter users and that the social networking site is rapidly becoming a key information tool across the continent.

Researchers analyzed more than 11.5 million tweets from specific locations in Africa during the last three months of 2011.

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Motorola Mobility Ventures invests in social networking start-up Shaker

Motorola Mobility Ventures, the investment arm of Motorola Mobility, has invested in social networking start-up Shaker.

Israeli-based Shaker works with Facebook to allow people to meet based on mutual friends and shared interests.

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Lord Chief Justice provides guidance for tweeting in court

The Lord Chief Justice of England & Wales, Lord Judge, has issued guidance about the use of live text-based communications in court.

It covers mobile email and social media, including Twitter, when sent silently from mobile phones and internet-enabled laptops.

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How mobile messaging delivers more Christmas cheer than a card

Mark Bridge writes:

By now you already know the basics. More and more people have smartphones - and they’re becoming an essential companion. They’re taking over from digital cameras, they’re taking over from portable gaming consoles, they’re taking over from music players… and now they’re taking over from Christmas cards. Yes, Christmas cards.

Author: The Fonecast
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