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).
We are living on the planet earth where human beings face and enjoy the color of every season. As everyone has their own perception regarding their favorite weather, most of the people like spring and winter season. Summer season is the hottest in temperature, and people call it dry weather. Most of the areas in the world face issues like heat stroke, sun burns, sun tan, prickly heat which allows the skin to face dirt and impurities and summer acne, etc. Read more
A wedding should be one of the most exciting days of any life, and as with any exciting day, the pressure is on! The line between perfection and disaster is thin; it only takes one aspect of the event to go wrong, and it could throw everything into disarray. Make sure that your wedding is one to remember for the right reasons by following these simple tips. Read more