Mark Bridge writes:
Facebook’s certainly had its share of privacy concerns – but last week the social network revealed plans to go public in a very different way. It formally announced its intention to launch on the stock market; what is known in the USA as an Initial Public Offering. The IPO is expected to raise around $5 billion, although that’ll just be a fraction of the total (and as yet undisclosed) value of the company.
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Sony Ericsson has expanded its existing relationship with surf-inspired brand Billabong to create an Xperia active Billabong Edition smartphone.
The original version of the scratch-resistant handset was announced in June 2011. It’s dustproof and water resistant to the IP67 rating.
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