Posts Tagged ‘Goldman Sachs’

Zynga IPO: Social Gaming Company Files S-1 With The SEC

Published by pratyushkp on July 2nd, 2011 - in Social, Technology

Image via CrunchBase

Social gaming giant Zynga is going public.

The San Francisco-based company has just filed its S-1 with the SEC.

“The number of shares to be offered and the price range for the offering have not yet been determined,” according to a press release from Zynga. “A portion of the shares will be issued and sold by Zynga, and a portion will be sold by certain stockholders of Zynga.”

Facebook Now Has 750 Million Users

Published by pratyushkp on June 24th, 2011 - in Social, Technology

Image via Wikipedia

Facebook’s incredible worldwide growth has reached another major milestone: the service now has 750 million monthly active users, according to a source close to the company.

Techcrunch reached out to Facebook for confirmation, and a company spokesperson responded that they don’t have anything to announce at this time. That isn’t surprising: the company hasn’t officially released an updated user count since it reached 500 million users nearly a year ago. Facebook has obviously been growing since then — we believe the company may be waiting until it hits the 1 billion mark before officially updating the stat again.

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