Sunday, April 18, 2021

Facebook Readies IPO Filing

Wall Street Journal: Unnamed sources tell the Wall Street Journal that Facebook could file the paperwork for its initial public offering (IPO) as early as this week. Insiders say the IPO could raise $10 billion for the social networking firm and would likely value the company between $75 billion and $100 billion. The sources say Facebook will probably pick Morgan Stanley to handle the deal.

If the IPO does raise $10 billion, it would be the fourth largest IPO ever for an American company, and it would be the largest for a U.S. Internet company.

Similar articles

Latest Articles

IT Planning During a...

Without a doubt, 2020 changed everything. I like to compare it to a science fiction movie where time travel is involved. Clearly, we have...

Best Data Quality Tools...

Data quality is a critical issue in today’s data centers. The complexity of the Cloud continues to grow, leading to an increasing need for...

NVIDIA’s New Grace ARM/GPU...

This week is NVIDIA’s GTC, or GPU Technology Conference, and they likely should have changed the name to ATC because this year – it...

What is Data Segmentation?

Definition of Data Segmentation Data segmentation is the process of grouping your data into at least two subsets, although more separations may be necessary on...