Facebook's stock is poised to go public today, not closing -- that rumor was a hoax

Facebook's stock is poised to go public today, not closing -- that rumor was a hoax

San Francisco : CA : USA | Jan 30, 2012 at 10:09 PM PST
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Delhi court summons 21 social networking sites

As of February 1, 2012, Facebook is poised to file for a public stock offering today. The company may be valued between $80 billion and $100 billion. Personal data online is worth a lot of money these days to numerous companies whether it's Facebook, Google, or other giants of the Internet's social networking media. It has been seven years now since Facebook began to collect information from its more than 800 million users, data that people freely share online about their private lives or what they do, did, and will do. Facebook is about doing what you can do with what you have.

Will you be affected when Facebook goes public in the near future? My how media and culture spreads rumors on the Web. Facebook is not closing. It's stock offering simply is going public in 2012. See the news article, Facebook IPO: Social networking giant Facebook going public.

The time is imminent when Facebook's stock will go public. But going public will be announced in the mainstream news when it happens. That's why it's important to realize when a hoax goes viral on the web, it's just a hoax, for example the false report you saw on the web in early January saying Facebook was closing. No, it's not. It's the contrary.

Note how social networking drives the media. You have a digital divide between the social media and the mainstream media. And what works is validation and credibility from reliable media sources.

See the uTube video, Facebook closing on march 15th is a HOAX! - YouTube. Banking giant Goldman Sachs is putting $500 million into Facebook just for a sliver of Facebook in a deal that says Facebook is worth a staggering $50 billion. There are at least 600 to 800 million people on Facebook.

That's how false information goes viral. Facebook is making so much money that its stock is going public. Check out the article, "Facebook IPO: Social networking giant Facebook going public."

Facebook is expected to file papers for public offering of its stock, and the deal is expected to raise somewhere between $10 billion and value the social network between $75 billion and $100 billion. This is the value the financial analysts have so far come close to in the age when web investing is dramatically booming.

The eight-year-old website now boasts more than 800 million members and has had a big hand in moulding the communication method and manner of current generation. If you read reports otherwise, it's a hoax. So check out your facts with mainstream major news sources before going viral online with rumors.

The best news is from major sources. The correct news is that Facebook files for IPO filing. If you study the stock market news, you can see that Facebook is going public with its stock and not closing. See the uTube video, Facebook will NOT end on March 15th - it's a hoax.

Remember to validate and verify your news from credible sources. The rumor about Facebook closing stormed the web weeks ago back on January 9th. See, Rumor Facebook is Closing Storms Web - ABC News.

The company is making so much money that its stock is going public. That's the announcement. Be careful of what you read on the Web as sometimes it's wild out there when any change happens to a popular social networking phenomenon. The point here made is to check your news sources carefully in the mainstream media and don't fall for hoaxes on the web as culture drives media. But social networking drives culture.

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Social networking titan Facebook has more than 750 million members
Social networking titan Facebook has more than 750 million members
AnneHart is based in Sacramento, California, United States of America, and is an Anchor on Allvoices.
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