Showing posts with label Social Media. Show all posts
Showing posts with label Social Media. Show all posts
Facebook IPO: How Far Can IT Go ?
Facebook Inc. is inching closer to an initial public offering that it hopes will value the company at more than $100 billion, according to people familiar with the matter.
The social networking firm is now targeting a time frame of April to June 2012 for an initial public offering, said people familiar with the matter. The company is exploring raising $10 billion in its IPO—what would be one of the largest offerings ever—in a deal that might assign Facebook a $100 billion valuation, a number greater than twice that of such stalwarts as Hewlett-Packard Co. and 3M Co.
A Facebook IPO has been hotly anticipated for several years, and viewed as a defining moment for the latest Web investing boom. The company has been vague about whether it would even make such an offering and silent on timing of an IPO. "We're not going to participate in speculation about an IPO," said Facebook spokesman Larry Yu.
The company now appears poised to go ahead with a deal. But it will likely come to market at a time when investors are beginning to question the value of some newer Internet businesses.
The social networking firm is now targeting a time frame of April to June 2012 for an initial public offering, said people familiar with the matter. The company is exploring raising $10 billion in its IPO—what would be one of the largest offerings ever—in a deal that might assign Facebook a $100 billion valuation, a number greater than twice that of such stalwarts as Hewlett-Packard Co. and 3M Co.
A Facebook IPO has been hotly anticipated for several years, and viewed as a defining moment for the latest Web investing boom. The company has been vague about whether it would even make such an offering and silent on timing of an IPO. "We're not going to participate in speculation about an IPO," said Facebook spokesman Larry Yu.The company now appears poised to go ahead with a deal. But it will likely come to market at a time when investors are beginning to question the value of some newer Internet businesses.
Facebook Outage - Shown in Graph
ATLAS data to graph Facebook (AS32934) traffic with 80 ISPs around the world between 5pm September 22 and 5pm EDT today. You can see Facebook traffic plummet around 1:30pm and return shortly after 4pm. From a quick glance at the data, the outage appears to be global (impacting all of the 80 ISPs).
We have no information on the root cause (no sign of obvious BGP instability or DDoS).
Lots of speculation on twitter.
Related Articles
"Worst Outage in The History of Facebook" - Facebook Engineer Explains
"Worst Outage in The History of Facebook" - Facebook Engineer Explains
Facebook Software Engineering Director Robert Johnson was kind enough to explain to a curious public exactly why Facebook went down earlier today, calling the mishap “the worst outage we’ve had in over four years.”
In a brief blog post, Johnson discussed today’s downtime, which began around 11:30 a.m. PST. The site wasn’t functioning again for most users until around 3 p.m. PST.
Johnson said the downtime today was caused by “an unfortunate handling of an error condition” involving an automated system designed to verify configuration values in the cache and replace invalid values with updated values from the persistent store.
First look at the new Twitter Web interface - Facebookification
Take a first look at the new Twitter web interface. Here's what we love, dislike and want more of from the redesigned site.
On Tuesday, Twitter announced major changes to the way users can interact with its Web interface. It is nothing short of a total multimedia makeover. The new Twitter means a better, more enjoyable user experience for users. There’s more to see, more to do and more to engage with, without having to leave Twitter.The new Twitter will be rolled out slowly over the next few weeks to all users, but today we can show you exactly what that looks like, as reported by Wired.
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