Tuesday, May 15, 2012

Facebook Setting Records

Anyone who has a computer, a phone or even walks around on the streets today knows about Facebook. However, the number of new users joining Facebook is decreasing because there are not many people left that don't have an account. Facebook is about to set a record IPO, but first it will have to make a couple changes since the number of users isn't increasing as much as it did in the past. IPO is an abbreviation for initial public offering, which is the company's stock when the company becomes public. The changes Facebook is going to have to make include increasing the number of ads on their site, making money off of the mobile use of Facebook, and allowing Facebook to become a place to make payments.

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