When General Motors Co., the third-largest advertiser in the U.S., said it would pull ads from Facebook, it sparked a discussion about the effectiveness of marketing and advertising on social media sites. Here is what a handful of companies that...
Read more »What Social Media Ad Agencies Say About Facebook
facebookipodayclosingprice.com
Facebookipodayclosingprice.com aggregates tweets predicting Facebook’s closing stock price on its first day of trading.
Coder Heeds Call, Pumps Out Site Predicting Facebook’s Closing Price
When prominent investor Chris Sacca asked on Twitter for someone to “please make http://facebookipodayclosingprice.com,” James Proud answered the call. The 20-year-old registered the domain name and immediately began coding a site that aggregates tweets predicting Facebook’s closing stock price on...
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Photograph by Instagram via Bloomberg
Instagram co-founders Kevin Systrom, right, and Mike Krieger saw the value of their deal with Facebook rise with the IPO pricing.
Instagram Deal Rises by 17% With Facebook’s IPO Pricing
As if the $1 billion Instagram received for selling its photo-sharing app to Facebook wasn’t enough, the deal’s value has increased by 17 percent in the six weeks since it was announced. On April 9, Facebook agreed to pay $300...
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