From VentureBeat: DeNA of Japan announced its earnings Friday, and it revealed some interesting comparisons. Revenue for the quarter was $336 million, up 216 percent from its fiscal second quarter a year ago. That puts it on pace to hit $1.25 billion by year’s end, largely from revenue from virtual goods for its social mobile [...]
The Mail.ru Group, a Russian investor in Facebook, surged as much as 41 percent in London trading after raising $912 million in the city’s biggest initial public offering since July, Bloomberg News reported. Mail.ru, based in Moscow, and its existing shareholders sold 32.9 million global depositary receipts at $27.7 each, the company said in a [...]
Clint McCance, who came under immense fire this week for anti-gay Facebook posts, will resign from his position as vice president of the Midland School Board. He made the announcement Thursday night on CNN’s “Anderson Cooper 360.”He told Cooper that he regretted his inflammatory Facebook posts in which he said he wanted gay people to [...]
Mail.ru Group, a Russian Internet company with stakes in Facebook and Zynga Game Network, is seeking as much as $876 million in an initial public offering in London, Bloomberg News reports. Mail.ru, partly owned by the billionaire Alisher Usmanov and South Africa’s Naspers, is offering 31.62 million shares in the form of global depositary receipts [...]
Investors who have been patiently waiting for a Facebook I.P.O., may be offered a backdoor — through an initial public offering of one of the social network’s investors. Mail.ru Group, the Russian Internet group formerly known as Digital Sky Technologies, said Monday that was planning to go public on the London Stock exchange by the [...]
NEW YORK — By the time I got around to going to “The Social Network,” four days after its $25-million nationwide opening, I’d read half a dozen blockbuster reviews and columns dissecting the film and its portrayal of Facebook and its founder, Mark Zuckerberg. It was impossible to go to the movie with a fresh [...]
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