Facebook officially announced on Wednesday via its filing for an initial public offering (IPO) how the company fared in 2011. The filling provides more insight on the company's revenue, reporting a $1 billion profit last year on revenues just over
$3.7 billion, an 88% increase in revenue over the previous year. The company currently has two other main sources of revenue: advertising, and partner payments from apps
that sell things on the Facebook platform.
While it might not be the first social networking site to go public, it is by far the largest since Google, and targets to raise around $5 billion. There's no doubt it will reach goal, seeing as it has 845 million active users (483 million of whom return to the site daily).
For parents, the teenage years means two things. More money and more problems. You can say that your kids get more independence at this stage in life, but it’s not true. Most of the time, you’re paying for it all, and the quintessential example of this is the car. At a certain age, your kid will be ready to learn to drive take to the roads. Here’s the question we want to ask. Can you afford the cost? Read more
You are well within your right to expect a safe workspace in which to spend your entire working day. No matter which industry you work in, your employer should always ensure that your health and safety is never at risk. There are certain precautions that your employer needs to take. These ensure that you are never in danger of having an accident or suffering an occupational illness. Here are some of the most important ones. Read more
Have you fancied yourself with the biker look? Like Marlon Brando in “The Wild One” or James Dean in “Rebel Without A Cause”? You’re not alone my friend. But the problem is that just putting a leather jacket on doesn’t make you attractive. I’ve had many ill fitting leather jackets in my time. Read more