Facebook has one billion users but does that really matter?
Facebook founder Mark Zuckerberg announced that his social network has reached one billion users. About 600 million of those users connect through mobile devices. This milestone was actually reached on September 14 but Zuckerberg has revealed it only yesterday in an interview with “The Today Show” and the magazine Bloomberg Businessweek.
Facebook shares fall under $20
Facebook changed its users’ e-mail addresses
An official investigation of Facebook IPO
Facebook’s shares simply can’t seem to be succeessful and on Tuesday they closed at $31, 18% less than their $38 initial offer from last Friday. After a lot of speculations, however, it looks like there will also be an official investigation by the Securities and Exchange Commission (SEC) – the authority that monitors the stock market – and the Financial Industry Regulatory Authorithy (FINRA), a private organization that however has some authority in the management of financial exchanges.
