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What’s Facebook Really Worth? What’s Facebook Really Worth?

The following is an excerpt from Richard Beales | March 22, 2012 | Slate.com | Facebook’s 31 underwriting banks are mobilizing for the company’s initial public offering. In such a hyped IPO, any kind of valuation is possible. But a comparison with the history of the social network’s closest thing to a rival, Google, suggests that even $75 billion - at the low end of the talk to date - would be a stretch. A new Breakingviews calculator shows why, ... Read More

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Facebook’s Zuckerberg May Face $2 Billion Tax Bill Facebook’s Zuckerberg May Face $2 Billion Tax Bill

The following is an excerpt from Stacy Cowley | February 7, 2012 | CNN.com | NEW YORK (CNNMoney) -- Facebook's upcoming IPO will make founder and CEO Mark Zuckerberg a billionaire -- but it will also stick him with an eye-popping tax bill that could reach as high as $2 billion. Industry experts say that might be one for the record books. "I personally have never seen a bill into the billions -- close, but not quite," said Anthony Nitti, a Colorado-based CPA ... Read More

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More Jobs, Less Facebook More Jobs, Less Facebook

The following is an excerpt from Ryndall W. Forsyth | February 4, 2012 | Barrons.com | Facebook. Like the moon darkening the sun during an eclipse, news of the social-networking site's pending initial-public offering seemed to obscure much of what else was happening in the world last week, at least momentarily. For instance, Mitt Romney's double-digit victory margin in Florida's Republican presidential primary was pushed off center-stage after Facebook filed its S-1 registration form with the Securities and Exchange Commission. Which was ... Read More

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Facebook IPO’s Meaning: Zuckerberg Faces Reality Facebook IPO’s Meaning: Zuckerberg Faces Reality

The following is an excerpt from Douglas Rushkoff | January 31, 2012 | CNN.com | Editor's note: Douglas Rushkoff, who writes regularly for CNN.com, is a media theorist and the author of "Program or Be Programmed: Ten Commands for a Digital Age" and "Life Inc: How Corporatism Conquered the World and How We Can Take it Back." (CNN) -- We all knew he'd eventually get around to it: Mark Zuckerberg is expected to finally bring Facebook public. The company is reported to ... Read More

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Nine Things You Didn’t Know About Twitter Nine Things You Didn’t Know About Twitter

The following is an excerpt from: Paul Boutin | January 18, 2012 | Nytimes.com | Twitter, the minimalist-format social network that claims to have 100 million users, has built its reputation around its simplicity. Members can post to the service only in text messages of 140 characters or less. They can include a link to another site, or to a photo or video. They can repost other users’ messages on their own pages. They can send each other equally spartan private ... Read More

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Murdoch: The Dangers of Wishful Tech Thinking Murdoch: The Dangers of Wishful Tech Thinking

The following is an excerpt from Erik Sherman | January 4, 2012 | cbsnews.com | COMMENTARY It's been a busy social network week for News Corp (NWS) CEO and chairman Rupert Murdoch. First, he joined Twitter. Then he piled up the controversy by tweeting, "Maybe Brits have too many holidays for broke country!" And then he deleted that tweet. However, even as Murdoch tried to catch up to the 21st century, the century caught up with him. News Corp-backed music downloading service ... Read More

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Rupert Murdoch Joins Twitter Rupert Murdoch Joins Twitter

The following is an excerpt from: Nick Allen | January 1, 2012 | Telegraph.co.uk | Rupert Murdoch has apparently joined Twitter and on his first day offered opinions on subjects including the US presidential election, the Oscars race and Steve Jobs. Users of the microblogging site were initially suspicious that an account opened by one "Rupert Murdoch" on New Year's Eve could be fake. But its authenticity was apparently confirmed by Twitter founder Jack Dorsey who said: "With his own voice, in his ... Read More

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