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Facebook worth $100 billion?

2012-01-30
it's monday january thirtieth 2012 I'm Bridget Carey on cnet com and it's time to get loaded get ready for facebook to be a public company this week and it will be one of the largest initial public offerings ever if not the biggest from the tech industry The Wall Street Journal sources say Facebook could be seen evaluation between 75 billion and a hundred billion and it's reportedly seeking to raise as much as 10 billion if that's true Facebook stock market launch would be six times larger than Google's IPO Facebook is not commenting but it's speculated this could happen on Wednesday Facebook stock may have high value but a new poll suggests a majority of users do not think highly of the network a poll by security firm sophos asked what users thought the new facebook timeline profile which is rolling out to 800 million members over the next few weeks 51% said the new profile worries them since it makes it very easy to pull up old posts and apps contractivity automatically without a user needing to click a button to share or like something more than thirty two percent so they don't know why they're still on facebook nintendo has announced it will create an online gaming network a similar product to xbox live or the PlayStation Network it will be called the Nintendo network and it will offer full game downloads and add-ons as well as let users play against each other online it will be integrated into the new Nintendo 3ds and the upcoming wii u console and the nintendo network users will also be able to customize their personal accounts and maybe that means accounts will have user names instead of a hard to share string of 16 characters on saturday many twitter users held a protest against twitter by refusing to tweet calling it a twitter blackout only you may not been aware of it since you just were not tweeting during the time the protest was in response to Twitter saying it would allow the censorship of tweets coming out of some countries if those tweets break local laws after the outcry Twitter officials clarified that the company still pushed for free speech but the new policy allows the tweet to be taken down in one country but still seeing everywhere else so a tweet is not deleted from everyone's view if a tweet a sensor there will be a notice that there was a request for it to be removed more than 5 million Android users may have downloaded apps and with malware according to security firm Symantec the bad apps were disguised as free games in the official google android market under titles like counter-strike ground force balloon game and sexy girls puzzle Symantec says these apps can steal personal information from users but another security company argues these apps are more likely adware something that corrupts the user settings and forces advertisements to appear on the screen where they don't belong either way it's a good idea to practice safe app downloading and stay away from those sexy girl apps all right folks those are your headlines for today I'm Bridget Carey % calm and you just been loaded
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