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In Facebook IPO, Frenzy, Skepticism (The Wall Street Journal)
Facebook’s coming initial public offering has set off a frenzy of anticipation among Main Street and Wall Street investors desperate to get their hands on the stock. Late Monday, the social network raised the price range for its IPO to $34 to $38 a share, from $28 to $35 a share, said a person familiar with the matter, in a sign of investor appetite for the offering. Inside Facebook Facebook has announced a new design for its mobile newsfeed that displays posts in individual boxes similar to how they appear on timeline. As part of the redesign, photos now appear three times larger than before, which could make browsing more efficient since there is less need to tap to see an image full-screen. Yahoo! News/The Lookout Is Facebook a flash in the pan? Nearly half of Americans think so, according to a new AP/CNBC poll. Forty-six percent of those polled said the social networking giant is likely to “fade away as new things come along,” while 43 percent predict it will be “successful over the long term.” CNBC The poll also shows that 57 percent of Facebook users say they never click ads or other sponsored content when they use the site, with another 26 percent saying they hardly ever engage in such activity AllFacebook Recent college graduate Suleika Jaouad found out that when she opened up about having leukemia on Facebook, there was a community ready to embrace her as she faced this new challenge in life. Caretakers and fellow cancer patients, friends and family all were there waiting to offer support and share advice. Read more
