Tag Archives: facebook
The Weekly Recap: 05/13/12 to 05/19/12
Here are some of the big things you may have missed this past week.
- Best Buy founder Richard Schulze stepped down.
- Blizzard unleashed Diablo III on the world, although not without problems.
- Naughty Dog released a new trailer for The Last of Us.
- The second CG trailer for Darksiders II hit the web.
- Verizon revealed plans to eliminate unlimited data plans.
- Players discovered a hidden zone in Diablo III.
- Facebook finally went public with an initial share price of $38.
- Bladerunner II is happening – and it’s a sequel.
- A couple of Russian kids risked their lives for the sake of a YouTube video.
- Jackie Chan announced that he’s retiring from action movies.
- Crytek dropped a new gameplay trailer for Far Cry 3.
Be sure to catch another edition next Sunday!
Blow Job
Blow Job is a series by Lithuanian photographer Tadao Cern. It’s… amazing.
Facebook Sets IPO Share Price at $38
Facebook finally set a price for its IPO today: stock in the world’s largest social network will run $38 per share. That means the IPO will raise roughly $16 billion in funding, making it the largest IPO in tech history and the third largest in the history of the United States.
Facebook is still waiting on the Securities and Exchange Commission for formal approval but it looks like the company is otherwise on the verge of going public.
I’m calling it right now: this is going to prove disastrous within two years.
Assassin’s Creed III – Unite to Unlock Trailer
Ubisoft is holding the world premiere gameplay trailer for Assassin’s Creed III hostage. If we want to see it, we have to “like” the game on Facebook to “unlock” the video.
The Weekly Recap: 04/29/12 to 05/05/12
Here are some of the big things you may have missed this past week.
- Developer Pedro Franceschi brought windowed mode to jailbroken iPads.
- The third trailer for The Dark Knight Rises hit the web.
- Bethesda teased the first DLC for The Elder Scrolls V: Skyrim.
- Activision confirmed Call of Duty: Black Ops 2 and released a trailer.
- Blizzard released details on the Diablo III Auction House system.
- Former NFL star Junior Seau committed suicide.
- Zenimax Online Studios confirmed that The Elder Scrolls Online exists.
- A PC Gamer leak revealed that Company of Heroes 2 exists.
- THQ announced a full expansion for Saints Row: The Third.
- A second trailer for The Expendables II hit the web.
- Facebook filed for its long-awaited IPO.
- Mojang released an official trailer for the Xbox 360 port of Minecraft.
Be sure to catch another edition next Sunday!
Facebook Files IPO
Facebook filed its IPO with the Securities and Exchange Commission today, announcing its intent to sell 337,000,000 shares at between $28 and $35 apiece in what will become the biggest stock offering from an Internet company since Google went public in 2004.
The $11.8 billion IPO puts the valuation of the company at somewhere between $77 and $96 billion. Facebook founder Mark Zuckerberg, 27, stands to gain as much as $17.6 billion in the IPO, which would make him richer than Microsoft CEO Steve Ballmer.
Zuckerberg Did Instagram Deal Alone, Cut Price In Half
Facebook bought photo sharing phenomenon Instagram for $1 billion a little over a week ago. But as it turns out, it wasn’t really Facebook that did the deal at all.
It was actually the company’s founder, Mark Zuckerberg, according to a report published by the Wall Street Journal. He acted alone, without involving any of his lawyers or even talking to Facebook’s board. He also supposedly talked Instagram CEO Kevin Systrom down from his original asking price of $2 billion over the course of three days.
Christ. I can’t decide whether he’s a complete idiot or a total genius.
Bethesda Teases Skyrim DLC
Bethesda published the image below on their Facebook page today along with the caption, “Tomorrow”. In other words, we can expect a Skyrim DLC announcement tomorrow.
Facebook Acquires Instagram
Hot on the heels of their Android release last week, the Instagram team just announced that they’ve been acquired by Facebook for approximately $1 billion in cash and stock.
That ain’t too shabby at all considering that Instagram is just a tiny camera app. Then again, it has an absolutely massive social network behind it. If you can’t beat ‘em, buy ‘em!







