It has been confirmed: Facebook will go public at $38 per share, valuing the company at $104 billion, with the firm raising $18.4 billion in its offering. News of the final pricing was broken by CNBC.
Earlier today, the Wall Street Journal reported that the company was likely set to debut at $38 per share. It had been rumored that the company might add $1 to its share price, moving it to $39, but it appears that in final talks, the share price remained at the $38 level.
Write comment (0 Comments)
Intel Corporation is deploying a new sales model with regional telecommunication companies to reach more buyers in developing markets through high speed broadband and affordable PCs – as part of the efforts to bridge the widening gaps in high speed internet access and broadband connectivity and boost the region’s information hub credentials.
MasterCard Worldwide yesterday unveiled the MasterCard Mobile Payments Readiness Index (MPRI), an analysis of 34 countries and their readiness to use three types of mobile payments: person to person, mobile web commerce (m-commerce) and mobile contactless payments at the point of sale. The MPRI found that while no two nations are the same, consumer readiness is the critical success factor to drive mobile payments adoption – and that Kenya ranks among the top five countries globally in being ready to adopt mobile payments technology.
