Facebook IPO

"The Facebook IPO has the potential to change the internet sector, creating what will be one of the most valuable internet and technology companies."

Analysts say that Facebook is aiming for a far greater offering than the $5 billion planned initially. Its IPO could well be the largest by any company. Its valuation could be somewhere in the region of $75 to $100 billion. It suggests that stock markets in the U.S., though weighed down by macroeconomic concerns, are still willing to reward exceptional players. The Hindu : Opinion / Editorial : Like/Comment/Shares:

Ironically, Facebook does not need capital and is going public mainly to comply with regulations. Without a tangible plan to invest the bulk of the issue proceeds, the company's future profitability might suffer.

Privacy Concerns

The power of internet multinationals is growing

Privacy Concerns

-The Times of India, January 27, 2012

Google is making changes that facilitate collection of user-data. The user cannot even forestall the collection of their data. There are people who argue that it is an invasion of privacy. To add to this, "There are also questions of how comfortable India should be with the growing influence, power, and information in the hands of foreign companies like Facebook and Google."

It is imperative that a user has an option whether or not to let their personal data be utilised by private companies. 

Ban wagon

Google and Facebook are only two of the many things the sarkar should gag


Ban wagon

-The Times of India, January 20, 2012

Hilarious piece of writing on the recent move towards gagging 22 websites including Google, Facebook, etc.
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