Just over a year ago I asked whether Facebook was really worth US$50bn. On Thursday I got my answer: no, it’s worth more like $100bn. After years of flirting with the market, Facebook has finally opened its kimono and started the process of offering its shares for public trading. On 1 February
Browsing: Mark Zuckerberg
Mark Zuckerberg controls a majority of Facebook’s voting rights, and will continue to enjoy that control after it goes public, according to an unusual arrangement he struck with some key investors and colleagues among Facebook’s shareholders. A string of voting arrangements outlined
Facebook has filed its S-1 form with the US Securities and Exchange Commission (SEC), announcing its intention to go public. The stock ticker symbol will be FB. No starting price has yet been named, but Facebook did say in the filing it expects to raise
Facebook’s core values include a powerful, results-orientated, anti-theoretical philosophy called the “Hacker Way”, according to founder Mark Zuckerberg. “The Hacker Way is an approach to building that involves continuous improvement and iteration,” Zuckerberg writes
Google has been eager to succeed at social media, both because it appeals to its ethos and because it’s losing valuable consumer eyeballs to Facebook. Google+ is without doubt the search giant’s most successful social venture so far, but are people actually using it after they sign
There are plenty of reasons why Steve Jobs is one of the most recognised personalities in business. But chief among them is the fact that he’s credited with having saved Apple and then turning it into the most valuable technology company in the
Oh, how the mighty have fallen. For months the tech press has swirled with persistent rumours that News Corp is selling MySpace. On Tuesday it emerged that serious bids for the ailing social network are now as low as US$30m
As has become customary at this time of the year, it’s time for TechCentral to name its newsmakers of the year. Last year, we published the top 10 SA newsmakers of the year. This year, we’re adding an international
From the start, The Social Network is a barrage of words as relentless as a Twitter stream. David Fincher’s fictionalised account of the founding of Facebook doesn’t pause for breath as it fires off its sound bites and zingers at a rate of about a zillion a minute to compress Aaron Sorkin’s dense 162-page script into a concise two-hour film.