Facebook filed for a $5 billion IPO on February 1. “There are more than two billion global Internet users, according to an industry source, and we aim to connect all of them,” the company said in its S-1 form, published by the SEC. Here are some of the best stats and facts from the S-1:
9 Huge Tech IPOs Of 2011
Zynga, the social gaming company whose “Mafia Wars,” “FarmVille,” and other games have amassed millions of devoted fans, is now worth billions of dollars and, on December 16, made its debuted on the Nasdaq stock exchange. The company, which is named after founder and CEO Mark Pincus’ bulldog, “Zinga,” priced shares at $10 a piece and raised $1
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Want to Feed Hungry Children, Play Farmville
Zynga is partnering with Pizza Hut to help fight world hunger. Players on popular Zynga games, includingFarmVille, CityVille, Empires & Allies and The Pioneer Trail can purchase exclusive in-game items for $5. All proceeds from these specific purchases will go to the World Food Programme. The pieces are both cutesy (see above) and educational. For example, the FarmVille item is the blue horse-drawn
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Facebook Apps is Good for US Economy
On Monday, researchers at the University of Maryland’s Robert H. Smith School of Businessreleased a report confirming that Facebook is good for the economy. At least, its apps are. The study, led by Associate Professor of Information Systems Il-Horn Hann, found that Facebook apps have contributed at least 182,744 new jobs and $12.19 billion in
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Zynga Lawsuit Alleges Company Infringed Agincourt’s Patents
Zynga Inc., the maker of popular online games such as “FarmVille” and “CityVille,” is being sued for patent infringement by a Texas gaming startup. Agincourt claims Zynga is violating two of its patents related to systems for redeeming prizes in games. The patents were awarded in 2001 and 2004. Zynga’s “remarkable growth has not been
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Zynga To Launch Pioneer Trail in FrontierVille
Social gaming juggernaut Zynga will flip the switch later today on The Pioneer Trail, a new social adventure game within FrontierVille. Unlike all of Zynga’s previous games, Pioneer Trail is a linear adventure with a set beginning and end. Users outfit a wagon and traverse not one, but three different maps with their own unique
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