25
Aug

Facebook to kill ‘Places’, foursquare gets the advantage

Facebook to kill ‘Places’, foursquare gets the advantage

While Facebook was rolling out some  changes to its privacy policies today, the company also quietly announced it was killing off the foursquare-like Places function inside of its mobile app. The company has discontinued the feature  offering  check-ins. Instead, they have added the capability to add locations to sharing individual posts. Facebook spoke about the […]

1
Apr

TATA group Buys Google

The Indian gaint TATA group of companies has brought Google for USD 130 Billion Dollars. The take over might happen over the coming months. Chairman of TATA Group, says, “Its a great moment for an Indian company and we are very proud and happy with the purchase.” With the takeover, the TATA group will be […]

15
Feb

Mark Zuckerburg is now Richer than Steve Jobs

Mark Zuckerburg is now Richer than Steve Jobs

According to the latest  Forbes 400 rankings (United States), Facebook CEO  Mark Zuckerberg (Age 26) is now richer than  Apple CEO  Steve Jobs (Age 55). Mark Zuckerberg is now worth $6.9 Billion topping Steve Job 2010 networth of 6.1 Billion. Mark added $4.9 Billion to his networth with the recent private equity investment in  Facebook […]

17
Jan

Indian Premier League and Ferrari are of the almost Same Value

The title sounds absurd, but it is the fact, though both a from a very different genre, they valuation of both the company is almost the same in terms of the price. Ferrari S.p.A. is an Italian  sports car manufacturer based in  Maranello,  Italy. Founded by  Enzo Ferrari in 1929, as  Scuderia Ferrari, the company […]

13
Jan

Facebooks Valuation and Investments as on January 2011

Facebooks Valuation and Investments as on January 2011

Facebook was started as thefacebook.com  in Feb 2004 by Mark Zuckerberg and changed to Facebook  in year 2005. In year Sep 2004, Facebook received $500,000 from Peter Thiel as an investment and in 2004 the company was valued at $5 Million. In Jan 2011,  Facebook received $500 Million from Goldman Sachs and DST […]