Got some extra cash lying around doing nothing? Want to buy some Facebook stock? Or any stocks for that matter. You might just be able to do so very soon. Facebook could now become a destination for people to invest in the stock market.
Handled by Loyal3, it promises that users won't have to pay any fees or brokers in order to buy stock in any company. Loyal3 says that the company will foot that portion of the bill for you.
When Loyal3 launches its stock selling for companies service this June, anyone and everyone can go onto a company's Facebook page and immediately buy stock. Purchasing plans for as little as $10 and a process that zips up in just three clicks.
Is a return-on-investment in the pipeline already? Facebook may be starting to recoup some money it paid for the photo sharing platform. Ad Age reports that Instagram has inked an ad commitment with Omnicom, a global advertising company, for up to $100 million in ad spend over the course of a year on the social network. Read more
Sea levels are going to rise, but by how much? According to a study that calculates which UNESCO Heritage Sites are at risk, it looks like almost everything is going to be at the bottom of the sea in the future. Read more