Thfire.com Everyday news that matters Looks like there is no end to this. Facebook stocks continue to hit new lows everyday. We guess it could be because investors still can’t find the magic number for which Facebook is worth paying. Shares of Facebook dropped and closed on a new low on Wednesday. It dropped nearly 2.3 percent than the previous day and closed at $28.19. ... Read More »
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Zynga CEO Asks Workers To Give Back Stocks
During Zynga’s early days it gave out stocks to its workers to ensure encourage them to work harder for the company. Now the CEO seems to think that it was a bad move, now as Zynga is preparing to enter IPO. The Wall Street Journal said that Pincus, who gave out stock freely to keep top talent early on, developed ... Read More »
LinkedIn Stocks Skyrockets 96%!
This has been the biggest since Google. LinkedIn IPO was listed today and its price instantly skyrocketed, it increased by 96%. Starting at $45 it exploded to $88 within a few hours. But all this has started raising concerns, is this is the start of a new tech bubble ?? At 12:32 pm EDT, LinkedIn shares are up 141% to ... Read More »