Facebook IPO Facing Problems? IPO News Today Offers Latest News
IPO News Today Covers Facebook
WASHINGTON, June 16, 2011 /PRNewswire-USNewswire/ -- The string of good news for Facebook and its 2012 IPO plans is over for now. The speculation that the company is growing fast enough to justify a valuation of $100 billion has been replaced by reports of new problems for a Facebook IPO.
Over five percent of U.S. users abandoned Facebook in May, 2011, amid reports of privacy issues and concerns that Facebook has become too much of a business.
At the same time Facebook's IPO plans may be affected by Congress. Eight U.S. lawmakers have proposed a bill that would raise the bar for private companies such as Facebook to be forced to disclose their financial information to the public.
For more Facebook IPO news see:
- IPO News Today - http://ipo.einnews.com/
- Facebook IPO News - http://ipo.einnews.com/news/facebook-ipo/
About the publisher of IPO News Today, EIN News (http://www.einnews.com/)
EIN News has developed one of the world's leading real time news indexing services. Its systems continuously scan the web, indexing news from thousands of worldwide sources. The data is then filtered according to specific needs, and the processes are supervised by a team of professional news editors.
Thousands of industry, government and private institutions rely on EIN News for their media monitoring needs. Combining both intelligent search technologies and the human element, EIN News delivers the most efficient, yet personalized media monitoring, news aggregation and syndication services on the market.
EIN News is positioned as the leading news index on the planet.
SOURCE EIN News
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