Social networks

Screenshot of the new Google Plus look at 1920x1080 resolution

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Google announced it has exceeded one hundred and seventy million users registered to Google+ but particularly the company launched the new look of its social network.

Facebook founder Mark Zuckerberg

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It was only a matter of time and yesterday Facebook has officially submitted to SEC, the authority that watches over U.S.A. stock market, the papers needed to declare that the company founded by Mark Zuckerberg wants to go public with an IPO.

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Specific Media will pay $35 million, partly in cash and partly in shares, to buy MySpace. It seems that News Corporation will retain a 5% ownership of the social network. In 2006 it was the most popular social network in the USA.

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On May 19 the IPO for the professional social network LinkedIn will start. Trading will take place at the New York Stock Exchange and the symbol of the company will LNKD. 7.84 million shares will be sold at a price per share between $32 and $35 so at the end of the IPO LinkedIn should be valued around $3 billion.