Facebook files for IPO- Facebook filed to raise $5 billion in its initial public offering (IPO) this week. Here’s a sampling of Wall Street and the tech industry’s reaction to Facebook’s IPO:
- Wealthy Investors Shrug at Facebook IPO After Private Buys- According to Elizabeth Ody and Margaret Collins, wealth investors aren’t jumping at the opportunity to buy up Facebook’s stocks. The reason? Some investors already bought stocks through private transactions while others fear risky tech investments.
- The 6 Most Surprising Things from Facebook’s IPO Filing- Mike Isaac from Wired.com discusses the 6 most surprising things from Facebook’s filing, including Zygna’s role in the deal and the enormous emphasis Facebook is placing on mobile advertisements.
Facebook hires political insiders- According to the Washington Post, Facebook has started appointing political veterans to its board and other important executive roles in an effort to improve its position in Washington with a robust lobbying operation. According to Steve Stesney from First Street, a software company specializing in analysis for politicians and lobbyists, “They are going all out to hire people who are well-connected and buying the Rolodexes that these people bring from the government.”
Google to enable per-country blocking on Blogger- Google has announced the upcoming release of its country-specific URL scheme for Blogger. According to Google, the localized domain system will make it easier for Google to remove content that violates specific country’s laws while impacting the smallest number of readers. According to Google, “Migrating to localized domains will allow us to continue promoting free expression and responsible publishing while providing greater flexibility in complying with valid removal requests pursuant to local law. By utilizing ccTLDs country-code top level domains (ccTLD), content removals can be managed on a per-country basis, which will limit their impact to the smallest number of readers. Content removed due to a specific country’s law will only be removed from the relevant ccTLD.”
Google launches Bouncer- Google announced the release of its new system ‘Bouncer’ yesterday that automatically scans Android apps for malware. “The service performs a set of analyses on new applications, applications already in Android Market, and developer accounts,” explains Hiroshi Lockheimer, VP of Engineering, Android. “Here’s how it works: once an application is uploaded, the service immediately starts analyzing it for known malware, spyware and trojans. It also looks for behaviors that indicate an application might be misbehaving, and compares it against previously analyzed apps to detect possible red flags.”
Google confirms Panda 3.2- According to Barry Schwartz at Search Engine Land, Google has confirmed the release of Panda 3.2, but there were no additional signals or algorithm changes in this update. It was just a data refresh.