Facebook raises price range ahead of IPO
15-May-12 13:58
Facebook has increased the price range of its stock in what will be Silicon Valley's biggest-ever initial public offering to raise more than $12bn (£7.4bn), giving the social network a valuation that could exceed $100bn.
Facebook must adapt to rise of smartphone15-May-12 13:40
Daniel Ek, chief executive of music service Spotify, recently marvelled at the fact that only five years ago there was neither a Facebook platform nor an iPhone. “These two super-platforms enable most innovation we see today,” he said on Twitter.
Twitter now has 10m users in UK15-May-12 13:34
Twitter now has 10 million active users in the UK, out of 140 million worldwide, the company has revealed – and 80%, an unusually high number, access it through mobile phones.
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