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).
The secret behind the smile of Leonardo da Vinci's most famous work of art has plagued art historians for centuries. But according to U.S. historian and author William Varvel, her subtle smile may actually be a statement about women's rights. And he's sharing his theory in his new book titled "The Lady Speaks: Uncovering the Secrets of the Mona Lisa". Read more
Why is anyone still working with him? Going by the name amaheygirlhey, she alleges that the following events took place when she was "modeling" for Richardson five years ago when she was 19, and had started doing nude "art" modeling a few months prior. Read more