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Perhaps Mitt Romney could provide some timely tax tips
Mark Zuckerberg faces a tax liability of more than $1.5bn this year, vaulting the Facebook co-founder into the leagues of all-time highest taxpayers and leaving a big question mark over his company’s initial public offering.
The taxes will fall due on a vast profit of nearly $5bn that Mr Zuckerberg, 27, plans to take on stock options he was handed in 2005 for acting as Facebook’s chief executive.
Facebook chief faces tax bill of $1.5bn – FT.com
Continue reading: Facebook chief faces tax bill of $1.5bn – FT.com
Investing long-term
Facebook has studied mistakes by older rivals, such as Google and Microsoft, and is responding quickly, experts say, by strategically hiring experienced Democratic and Republican operatives. The company has brought on key operatives from the past three administrations.
Last year it hired Marne Levine, who was chief of staff to Obama’s former chief economic adviser Larry Summers, as head of global public policy in Washington. General counsel Theodore Ullyot was deputy assistant to President George W. Bush. Joe Lockhart, Facebook’s vice president of communications, was President Bill Clinton’s press secretary.
Facebook’s new friend request: political insiders – The Washington Post
Another Pew summary
A survey released on Friday shows that people who have used the social networking site over a long period – since its founding in 2004, say – show no sign that they are tired of posting pictures, updating weekend plans or just relaying random thoughts.
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Ahead of the IPO, one concern about Facebook has been that users will simply bore of it after a while, a phenomenon known as "Facebook fatigue." The Pew research suggests those worries may be unfounded.
No "Facebook fatigue" for longtime users: survey – Yahoo! News
Continue reading: No "Facebook fatigue" for longtime users: survey – Yahoo! News
A happy halo effect for Zynga
With big expectations for Facebook IPO filing, Zynga’s own stock has soared since the IPO paperwork was filed. In fact, since the Facebook IPO filing Zynga’s market cap has climbed over $1 billion thanks to the increase in stock prices for Zynga. Apparently, Zynga stock was trading at the close of market early this week for $10.96 per share, which is a bit higher than the $10 per share price in December when the company made its IPO. Yesterday, Zynga stock opened at $11.05 and the price went up to $12.81 per share at its peak.
![]() Facebook’s IPO filing sends Zynga stock soaring – SlashGear
See the source article and/or Pew report for more stats and analysis
We receive significantly more likes, messages, tags and friend requests from our Facebook friends than we send out ourselves, according to a new Pew Internet report.
In one month, Pew study participants liked other people’s Facebook content an average of 14 times, and had their own Facebook content liked 20 times. They sent nine personal messages, and received 12. Twelve percent of them tagged friends in photos, and 35 percent were themselves tagged in at least one photo. Forty percent made a friend request and 63 percent received one. Every category showed that same pattern.
Pew Report:… Continue reading: Pew Report: On Facebook, We Get More Love Than We Give – Liz Gannes – Social – AllThingsD
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Facebook’s new friend request: political insiders – The Washington Post
Facebook’s IPO filing sends Zynga stock soaring – SlashGear