Tuesday, 29 May 2012

Social network market trading value

Facebook shares fell more than 9% to a low of $28.78.

Facebook's 900 million users helped the company generate just $1bn in profit last year, and there are concerns about its ability to increase profits in the future.
The flotation was disrupted on its first day of trading by technical glitches on the Nasdaq stock exchange. The share price has since slumped amid worries that the company was over-valued by advisers marketing the float.

Now, a group of investors has issued a class-action lawsuit alleging that Facebook revenues were revised down because of a surge in the number of people using mobile devices for apps and connection to websites.

The suit targets Facebook, its founder Mark Zuckerberg and the banks behind the flotation, including lead underwriter Morgan Stanley.

The share sale in New York raised $16bn for Facebook.

barter 29.05.12

Monday, 14 May 2012

2 links to happy: barter forum online; 1 pound fish song.


The project's forum is now online and ready for you to barter.

"Very good and very cheap... have a, have a look, one pound fish... fish to the one pound, fish to the one pound... one pound fish!"

Wednesday, 9 May 2012

Monday, 7 May 2012


"Mr Hollande capitalised on France's economic woes and President Sarkozy's unpopularity."