Sunday, January 29, 2012

Facebook to go public

Facebook is currently a privately owned company, but rumor has it that the company will be going public by the end of May and is estimated to be worth upwards of $10 billion. The global economy will see a noticeable surge in activity as large amounts of money begin to trade hands despite recessions in many countries. This will greatly influence ISU students, among many people, but it will affect everyone who uses Facebook. When the company goes public, share holders will have some power over the company and this may affect everyone who uses Facebook. This is specifically interesting for college students, including ISU students, because the the largest age group of Facebook users is 18- 25 year old.

Newspaper/ Magazine Articles
http://dealbook.nytimes.com/2012/01/25/as-i-p-o-looms-facebook-halts-clearing-of-trades/?scp=6&sq=facebook&st=cse

http://dealbook.nytimes.com/2012/01/27/buzz-on-a-facebook-i-p-o-grows-louder/?scp=3&sq=facebook&st=cse

http://www.ft.com/cms/s/2/226539ea-493c-11e1-88f0-00144feabdc0.html#axzz1l1NwLONd

3 comments:

  1. Cool. I like the topic, and the sources look good (i.e. they are all news articles). Take a look at the powerpoint slides I emailed to the class today regarding what you missed. As you work on this story, you will now want to consider:
    1. Just how will you localize this for ISU students?
    2. Who will you talk to on campus?

    Be sure to not get to broad. You can discuss some details of this going public, but first be sure to focus this for your audience. Let me know if you have any questions regarding what you missed today.

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  2. I saw a few hours ago that facebook officially went public and thought of your story--I didn't realize it was happening so soon, so very cool for your topic! It will be interesting to see what you find as this develops.

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  3. was it advertised on facebook at all?

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