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Most recent 14 results returned for keyword: JP Morgan (Search this on MAP)

https://plus.google.com/117591923229491670688 Nikola Tesla : Tesla - A Biography of Inventor Nikola Tesla * Historical Importance of Nikola Tesla: Nikola Tesla,...
Tesla - A Biography of Inventor Nikola Tesla

* Historical Importance of Nikola Tesla:
Nikola Tesla, who was a trained electrical and mechanical engineer, was one of the most influential inventors of the 20th century. Eventually holding over 700 patents, Tesla worked in a number of fields, including electricity, robotics, radar, and wireless transmission of energy. Tesla's discoveries laid the groundwork for many of the 20th century's technological advances.
Dates: July 10, 1856 -- January 7, 1943

Also Known As: Father of AC Current, Father of the Radio, The Man Who Invented the 20th Century.

* Overview of Tesla
Nikola Tesla’s life played out like a science fiction movie. He often had flashes of light in his mind that revealed the design of innovative machinery, which he committed to paper, constructed, tested, and perfected. But all was not easy. The race to light up the world was fraught with rancor and animosity.

* Growing Up
Tesla was born the son of a Serbian Orthodox priest in Smiljan, Croatia. He credited his innovative quest to his mother, an inventive homemaker who created appliances such as a mechanical eggbeater to help with the home and farm. Tesla studied at the Realschule in Karlstadt, the University of Prague, and the Polytechnic Institute in Graz, Austria, where he studied mechanical and electrical engineering.

In 1882, 24-year-old Tesla was working for the Central Telephone Exchange in Budapest when the idea for a rotating magnetic field flashed through his mind. Tesla was determined to turn his idea into a reality but he was unable to find backing for the project in Budapest; thus, Tesla moved to New York in 1884 and introduced himself to Thomas Edison through a letter of recommendation.

Edison, the creator of the incandescent light bulb and the world’s first electric lighting system in the commercial blocks of lower Manhattan, hired Tesla at fourteen dollars per week plus a $50,000 bonus if Tesla could improve Edison’s electric lighting system. Edison's system, a coal-burning electric generating station, was limited to supplying electricity to about a one-mile radius at the time.

* Tesla the Scientific Rival
Although Tesla and Edison shared a mutual respect for one another, at least at first, Tesla challenged Edison’s claim that current could only flow in one direction (DC, direct current). Tesla claimed that energy was cyclic and could change direction (AC, alternating current), which would increase voltage levels across greater distances than Edison had pioneered.

Since Edison didn't like Tesla's idea of alternating current, which would impose a radical departure from his own system, Edison refused to award Tesla the bonus. Edison said the offer of a bonus had been a joke and that Tesla didn't understand American humor. Betrayed and insulted, Tesla quit working for Thomas Edison.

Seeing an opportunity, George Westinghouse (an American industrialist, inventor, corporate entrepreneur, and a rival of Thomas Edison in his own right) bought Tesla’s 40 U.S. patents for the polyphase alternating current system of generators, motors, and transformers.

In 1888, Tesla went to work for Westinghouse in order to develop the alternating current system. At this time, electricity was still new and feared by the public due to fires and electric shocks. Edison fed that fear by using smear tactics against alternating current, even stooping to the electrocution of animals to scare the community into believing that alternating current was much more dangerous than direct current.

In 1893, Westinghouse outbid Edison in lighting up the Columbian Exposition in Chicago, which allowed Westinghouse and Tesla to show the public the marvels and advantages of electric light and appliances via alternating current. This demonstration of alternating current convinced J.P. Morgan, an American investor who had originally financed Edison, to back Westinghouse and Tesla in their design for the first hydroelectric power plant in Niagara Falls.

Built in 1895, the new hydroelectric power plant transmitted an amazing twenty miles away. Large AC generating stations (using dams on large rivers and power lines) would eventually link across the nation and become the type of power supplied to homes today.

* Tesla the Scientific Inventor
Winning the "War of Currents," Tesla sought a way to make the world wireless. In 1898, Tesla demonstrated a remote-controlled boat at the Madison Square Garden Electrical Exhibition. The following year, Tesla moved his work to Colorado Springs, Colorado, in order to construct a high voltage/high frequency tower for the U.S. government. The goal was to develop a wireless transmission of energy using the vibrating waves of the earth to generate unlimited power and communications. Through this work he lit 200 lamps without wires from a distance of 25 miles and shot man-made lightning into the atmosphere using a Tesla coil, a transformer antenna he had patented in 1891.
In December of 1900, Tesla returned to New York and began work on a “World-System” of wireless transmissions intended to link up the world’s signal stations (telephone, telegraph, etc.). The backing investor, J.P. Morgan, who had financed the Niagara Falls project, terminated the contract upon learning that it would be “free” wireless electricity for all to tap into.

* Death and Missing Papers
On January 7, 1943, Tesla died at the age of 86 of coronary thrombosis in his bed at the Hotel New Yorker where he resided. Tesla, who had never married, had spent his life creating, inventing, and discovering. Upon his death, he held over 700 patents, which included the modern electric motor, remote control, wireless transmission of energy, basic laser and radar technology, the first neon and fluorescent illumination, the first x-ray photographs, the wireless vacuum tube, the air-friction speedometer for automobiles, and the Tesla coil (widely used in radio, television sets, and other electronic equipment).
In addition to all that Tesla created, he also had many ideas that he didn't have time to finish. Some of these ideas included massive weapons. In a world still immersed in World War II and that was just beginning to split into East vs. West, ideas of massive weapons were coveted. After Tesla's death, the FBI seized Tesla's belongings and notebooks.

It is thought that the U.S. government used the information from Tesla's notes to work on building beam weapons after the war. The government set up a secret project, called "Project Nick," which tested the feasibility of "death rays," but the project was eventually shut down and the results of their experiments were never published. Tesla's notes used for this project also seem to have been "lost" before the rest of his notes were sent back to Yugoslavia in 1952 and placed in a museum.

* Father of the Radio
On June 21, 1943, the U.S. Supreme Court ruled in favor of Tesla as “the father of the radio” rather than Guglielmo Marconi who had received the Nobel Prize in Physics in 1909 for his contributions to the development of the radio . The court’s decision was based on Tesla’s lectures of 1893 and possibly due to the fact that the Marconi Corporation had sued the U.S. government for royalties for using radio patents during WWI.

Credits:
http://nikolateslaenergy.com
https://lh4.googleusercontent.com/-3wZzot98lwY/VAUeMmD4MaI/AAAAAAAAAfM/NeKAigQzgP4/w506-h750/Nikola%2BTesla%2BScientist.jpg
18 minutes ago - Via Community - View -
https://plus.google.com/107213000300613980422 Karyn Koop : Did J.P. Morgan Build the Titanic to Kill Off the Competition and Form the Federal Reserve? The Coincidences...
Did J.P. Morgan Build the Titanic to Kill Off the Competition and Form the Federal Reserve? The Coincidences Are Amazing. : conspiracy
http://www.reddit.com/r/conspiracy/comments/1xni4f/did_jp_morgan_build_the_titanic_to_kill_off_the/

4 hours ago - Via - View -
https://plus.google.com/115270265863310758572 M. Hartson Consulting : J.P. Morgan Admits Network Breach Despite Claims of Layered Security http://buff.ly/1qVBXAd
J.P. Morgan Admits Network Breach Despite Claims of Layered Security http://buff.ly/1qVBXAd
J.P. Morgan Admits Network Breach Despite Claims of Layered Security
No matter how many layers of defense, IT security knows the hackers are going to get in one way or another. It is a matter of catching them quicker.
5 hours ago - Via - View -
https://plus.google.com/100338876114386724257 The Event Handbook : (David Wilcock) Glad Ben caught the epic JP Morgan computer hack, temporarily blamed on Russia, and ...
(David Wilcock) Glad Ben caught the epic JP Morgan computer hack, temporarily blamed on Russia, and the revealing statement from Kissinger expressing his regret about the crumbling of the New World Order. These were two of the most significant events in…
David Wilcock Comments on Fulford's Latest
Glad Ben caught the epic JP Morgan computer hack, temporarily blamed on Russia, and the revealing statement from Kissinger expressing his regret about the crumbling of the New World Order. These were two of the most significant events in this secret war to have appeared last week.
5 hours ago - Via - View -
https://plus.google.com/100060436596320531113 Laird Surfer : Yes JP Morgan Chase tower, you can have an ARQR® Code for $25 USD Google X #AR  
Yes JP Morgan Chase tower, you can have an ARQR® Code for $25 USD

Google X

#AR  
https://lh3.googleusercontent.com/-D_rxmVO7YHk/VAS3G-lvLQI/AAAAAAAAOUo/HWSVX331U7k/w506-h750/ChaseJPMorgan.jpg
7 hours ago - Via Google+ - View -
https://plus.google.com/112936634323714765964 john kinsey : Steel tycoons like Andrew Carnagie, bankers like J.P. Morgan and oil barons like J.D. Rockefeller were...
Steel tycoons like Andrew Carnagie, bankers like J.P. Morgan and oil barons like J.D. Rockefeller were billed as “the men who built America.”
   _But these archetypal monopoly men, in their tailored suits and monocles, were understandably a bit loathe to swing a hammer themselves. For that, they needed men as hard as the steel they drove._



#Labor   #LaborDay   #MayDay   #Unions   #Holidays   #Weekend  
Read the Real, Bloody and AMAZING Story of Labor Day | Americans Against the Tea Party

7 hours ago - Via Reshared Post - View -
https://plus.google.com/103162748859705462767 Mary McD : Steel tycoons like Andrew Carnagie, bankers like J.P. Morgan and oil barons like J.D. Rockefeller were...
Steel tycoons like Andrew Carnagie, bankers like J.P. Morgan and oil barons like J.D. Rockefeller were billed as “the men who built America.”
   _But these archetypal monopoly men, in their tailored suits and monocles, were understandably a bit loathe to swing a hammer themselves. For that, they needed men as hard as the steel they drove._



#Labor   #LaborDay   #MayDay   #Unions   #Holidays   #Weekend  
Read the Real, Bloody and AMAZING Story of Labor Day | Americans Against the Tea Party

8 hours ago - Via Reshared Post - View -
https://plus.google.com/102764693654057195525 Douglas County DFL : Steel tycoons like Andrew Carnagie, bankers like J.P. Morgan and oil barons like J.D. Rockefeller were...
Steel tycoons like Andrew Carnagie, bankers like J.P. Morgan and oil barons like J.D. Rockefeller were billed as “the men who built America.”
   _But these archetypal monopoly men, in their tailored suits and monocles, were understandably a bit loathe to swing a hammer themselves. For that, they needed men as hard as the steel they drove._



#Labor   #LaborDay   #MayDay   #Unions   #Holidays   #Weekend  
Read the Real, Bloody and AMAZING Story of Labor Day | Americans Against the Tea Party

10 hours ago - Via Reshared Post - View -
https://plus.google.com/105840844632115532393 IT Security News : Attackers of JP Morgan Chase had siphoned data from the systems of the financial institution since June...
Attackers of JP Morgan Chase had siphoned data from the systems of the financial institution since June, using programs crafted for the network systems of the organization.The hackers first gained access to JP Morgan’s systems by exploiting a zero-day…
Hackers Exfiltrate JP Morgan Chase Info for Two Months

10 hours ago - Via - View -
https://plus.google.com/108115588636903859447 Craig Westbrook : Today in History: Sunken Titanic Found! On September 1, 1985 — 29 years ago today and 73 years after...
Today in History: Sunken Titanic Found!
On September 1, 1985 — 29 years ago today and 73 years after it sank from hitting an iceberg on its maiden voyage — the Titanic was finally found about 12,500 feet (3,800 m) below the surface about 1,250 miles (2,012 km) from New York City and 370 miles (600 km) from Halifax. The ship split in two, with the front of the ship mostly intact [see photo below]. The stern (rear end) of the ship was completely wrecked, as decks pancaked on top of each other as the stern crashed into the bottom of the ocean.

Immediately after the Titanic sunk, families of a number of wealthy victims of the tragedy — the Astors, Guggenheims, and Wideners — contracted a wrecking company to raise the ship. This project was eventually abandoned, inasmuch as it could not be determined precisely where the ship sank, and the depth in the area that the ship sank was too great to reach by any practical methods at the time. In 1914, an architect proposed attaching electromagnets to a submarine so that it would be drawn to the wreck’s steel hull. Once found, more electromagnets would be dropped from a fleet of barges that would attach to the Titantic and lift it to the surface. In 1953 and 1954, the founder of a marine salvage company tried to locate the sunken ship without any success. In the mid-1960s, a hosiery worker concocted a plan to locate the Titantic using a bathyscaphe and then attach nylon balloons to the hull to raise it to the surface. In the 1970s, another scheme was put forward to raise the ship by pumping either molten wax or vaseline into the hull, which would make the ship buoyant. Another proposal called for using ping-pong balls for the same purpose (except the pressure would crush them, haha); so another proposal involved using Benthos glass (which could withstand the pressure), except that the cost was hundreds of millions of dollars. One more proposal suggested pumping liquid nitrogen to the sea bed and freezing the area around the Titanic to encase it in ice, which would then float to the surface. Still, despite the seeming highly impractical nature of all these proposals, no one knew exactly where the Titanic was.

In the early 1980s, a Texas oilman raised money and set out to find the Titanic’s location. After 3 attempts, nothing had been found that scientists could endorse. At the same time in the early 1980s, Dr. Robert Ballard was secretly working with the U.S. Navy to try to locate two nuclear submarines —  the U.S.S. Thresher and U.S.S. Scorpion — that were lost in the North Atlantic in depths of up to 10,000 feet (3,000 m). Dr. Ballard, working with Woods Hole Oceanographic Institute and funded by the U.S. Navy, had created an unmanned deep-towed undersea video camera sled, called the Argo, to search for these ships. The Navy implied that if Ballard had completed the Navy’s mission then he could use whatever time was left to look for the Titanic; and Ballard said the Navy Secretary knew of this plan. So once Ballard finished up the Navy work, he focused immediately on the Titanic debris field and on September 1, 1985, the Argo located the Titanic’s boiler.

YouTube:
Titanic - 1912 Original Video Footage
The Titanic Discovery: Professor Robert Ballard

Sources:
http://www.nytimes.com/1985/09/03/science/wreckage-of-titanic-reported-discovered-12000-feet-down.html
http://en.wikipedia.org/wiki/RMS_Titanic
http://news.nationalgeographic.com/news/2008/06/080602-titanic-secret.html
http://www.planet-science.com/categories/over-11s/technology/2012/04/finding-the-titanic.aspx
http://www.thedailybeast.com/articles/2012/04/15/the-man-who-found-the-titanic-a-tale-of-a-secret-expedition.html
http://en.wikipedia.org/wiki/Wreck_of_the_RMS_Titanic
http://en.wikipedia.org/wiki/Risdon_Beazley
http://en.wikipedia.org/wiki/Bathyscaphe
http://en.wikipedia.org/wiki/Argo_(ROV)
http://en.wikipedia.org/wiki/USS_Scorpion_(SSN-589)
http://en.wikipedia.org/wiki/USS_Thresher_(SSN-593)

Image sources:
http://en.wikipedia.org/wiki/RMS_Titanic#mediaviewer/File:RMS_Titanic_3.jpg
•National Geographic video frame

PLEASE NOTE: I am not omniscient, so i use as many sources as my time permits for all the statements i make. Sometimes, i find that valid sources seem to contradict each other or do not confirm each other’s statements. If you know from your reading or experience that there are errors in this post, please let me know in comments below and please try to provide links to substantiate your points of concern. Thanks for your help.
https://lh6.googleusercontent.com/-cgk2yS-lN5c/VAP0iiYMTMI/AAAAAAAAOU8/Wn7OFmjSRJQ/w506-h750/TitanicBeforeAfter.png
11 hours ago - Via Reshared Post - View -
https://plus.google.com/106755326624723496204 Mc Laughlin & Nardi LLC : FBI Probes Possible Computer Hacking Incident at J.P. Morgan - Law Blog - WSJ http://ow.ly/AUK2W #law...
FBI Probes Possible Computer Hacking Incident at J.P. Morgan - Law Blog - WSJ http://ow.ly/AUK2W #law #hacking
FBI Probes Possible Computer Hacking Incident at J.P. Morgan
Agence France-Presse/Getty ImagesThe Federal Bureau of Investigation is probing a possible computer hacking attack on J.P. Morgan Chase & Co., in what people familiar with the probe described as a significant breach of corporate computer security.
12 hours ago - Via - View -
https://plus.google.com/104117168863394856962 The Social : #facebook     #myspace     #myspacefb         #whatsapp         #social       #myfacebook       #chat...
#facebook     #myspace     #myspacefb         #whatsapp         #social       #myfacebook       #chat       #chatroom       #line
visit http://www.myspacefb.com

Facebook is an online social networking service headquartered in Menlo Park, California. Its name comes from the colloquialism for the directory Given to students at some American universities. [7] Facebook was founded on February 4, 2004 by Mark Zuckerberg with his college roommates and fellow students Eduardo Saverin Harvard University, Andrew McCollum, Dustin Moskovitz and Chris Hughes. [8] The founders had INITIALLY the website's membership limited to Harvard students, but later expanded it to colleges in the Boston area, the Ivy League, and Stanford University. Gradually it added support for students at various other universities and later to Their high-school students. Facebook now Allows anyone who claims to be at least 13 years old worldwide to become a registered user of the website, although proof is not required. [9] 

After Registering to use the site, users may create a personal profile, add other users the friends, exchange messages, post status updates and photos, and receive notifications when others update Their profiles. Additionally, users may join common-interest user groups, organized by workplace, school or college, or other characteristics, and categorize Their friends into lists such as "People From Work" or "Close Friends". Facebook had over one billion active users as of September 2012, [10] Approximately 9% of Which Were fake. [11] By que point, Facebook was adding about half a petabyte of data every 24 hours, amounting to about 180 petabytes per year . [12] Due to the large volume of Collected data about users, the service's privacy policies have faced scrutiny, among other criticisms. Facebook, Inc. held its initial public offering in February 2012 and Began selling stock to the public three months later, reaching a peak market capitalization of $ 104 billion. 

Before going public 
Zuckerberg wrote a program called Facemash on October 28, 2003 while Attending Harvard as a sophomore. According to The Harvard Crimson, the site was comparable to Hot or Not and "used photos compiled from the online facebooks of nine houses, Placing two next to each other at a time and asking users to choose the 'hotter' person" [13] [14] 

To ACCOMPLISH this, Zuckerberg hacked into protected areas of Harvard's computer network and copied private dormitory ID images. Harvard did not have a student "Facebook" (a directory with photos and basic information) at the team, although individual houses had Been Their Own issuing paper facebooks since the mid-1980s. Facemash Attracted 450 visitors and 22,000 photo-views in its first four hours online. [13] [15] 

The site was quickly forwarded to several campus group list-servers, [clarification needed] but was shut down a few days later by the Harvard administration. Zuckerberg faced expulsion and was charged by the administration with breach of security, violating copyrights, and violating individual privacy. Ultimately, the charges Were dropped. [16] Zuckerberg expanded on this initial project que semester by creating a social study tool ahead of an art history end. He uploaded 500 Augustan images to a website, and each image was featured Corresponding with the comments section. [15] He shared the site with his classmates and people started sharing notes. 

The Following semester, Zuckerberg Began writing code for a new website in January 2004 He said he was inspired by an editorial about the Facemash incident in The Harvard Crimson. [17] On February 4, 2004, Zuckerberg launched "Thefacebook", originally located at thefacebook.com. [18] 

Six days after the site launched, three Harvard seniors (Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra) accused Zuckerberg of intentionally misleading Them into believing he would help Them build a social network called HarvardConnection.com. They Claimed he was instead using Their ideas to build a competing product. [19] The three complained to The Harvard Crimson and the newspaper Began an investigation. They later filed a lawsuit against Zuckerberg, subsequently settling in 2008 [20] is 1.2 million shares (worth $ 300 million at Facebook's IPO). [21] 

Membership was restricted to INITIALLY students of Harvard College; Within the first month, more than half the undergraduates at Harvard Were registered on the service. [22] Eduardo Saverin (business aspects), Dustin Moskovitz (programmer), Andrew McCollum (graphic artist), and Chris Hughes joined Zuckerberg to help promote the website. In March 2004, Facebook expanded to the universities of Columbia, Stanford, and Yale. [23] It later opened to all Ivy League colleges, Boston University, New York University, MIT, and Gradually most universities in Canada and the United States. [24] [25] 

In mid-2004, entrepreneur Sean Parker (informal an advisor to Zuckerberg) Became the company's president. [26] In June 2004, Facebook moved its operations base to Palo Alto, California. [23] It received its first investment later que month from PayPal co-founder Peter Thiel. [27] In 2005, the company dropped the from its name after purchasing the domain name facebook.com for $ 200,000. [28] 

In May 2005, Accel Partners invested $ 12.7 million in Facebook, and Jim Breyer [29] added $ 1 million of his own money. A January 2009 Compete.com study RANKED Facebook the most used social networking service by worldwide monthly active users. [30] Entertainment Weekly included the site on its end-of-the-decade "best-of" list, saying, "How on earth did we stalk our exes, remember our co-workers' birthdays, bug our friends, and play a rousing game of Scrabulous before Facebook? "[31] 


Mark Zuckerberg co-creator of Facebook in his Harvard dorm room, 2005. 
The high-school version of the site was launched in September 2005, Which Zuckerberg called the next logical step. [32] (At the team, high-school networks required an invitation to join.) [33] Facebook expanded membership eligibility to employees of several companies, including Apple Inc. and Microsoft. [34] on September 26, 2006, Facebook was opened to everyone at least 13 years old with a valid email address. [35] [36] 

In late 2007, Facebook had 100,000 business pages (pages Which allowed companies to promote and Themselves Attract customers). These pages started the group, but a new concept called company pages was planned. [37] Pages Began rolling out for businesses in May 2009 [38] 

On October 24, 2007, Microsoft Announced That It had purchased a 1.6% share of Facebook for $ 240 million, giving Facebook total implied value of around $ 15 billion. [39] Microsoft's purchase included rights to place international adverts on the social networking site. [40] in October 2008, Facebook Announced That It would set-up its international headquarters in Dublin, Ireland. [41] in September 2009, Facebook said it had que turned cash-flow positive for the first team. [42] in November 2010 , based on SecondMarket Inc. (an exchange for privately held companies' shares), Facebook's value was $ 41 billion; it slightly surpassed eBay's to Become the third largest American web company after Google and Amazon.com. [43] 


Facebook headquarters entrance sign at 1 Hacker Way, Menlo Park, California 
Traffic to Facebook Increased steadily after 2009 More people visited Facebook than Google for the week ending March 13, 2010 [44] 

In March 2011, it was Reported que takes Approximately 20,000 Facebook profiles offline every day for infractions including spam, inappropriate content and underage use, the part of its efforts to boost cyber security. [45] 

In early 2011, Facebook Announced plans to move its headquarters to the former Sun Microsystems campus in Menlo Park. [46] [47] 

Release of statistics by DoubleClick Showed que Facebook Reached one trillion page views in the month of June 2011, making it the most visited website tracked by DoubleClick. [48] 

According to the Nielsen Media Research study, released in December 2011, Facebook is the second most accessed website in the us (behind Google). [49] 

Facebook eventually filed for an initial public offering on February 1, 2012; it is headquartered in Menlo Park, California. [50] Facebook held an initial public offering on May 17, 2012, negotiating the price of $ 38 apiece share. The company was valued at $ 104 billion, the largest to date valuation for a newly listed public company. [51] Facebook Inc. Began selling stock to the public and trading on the NASDAQ on May 18, 2012 [52] Based on its 2012 income of $ 5 billion, Facebook joined the Fortune 500 list for the first time on the list published in May 2013, being Placed at position 462 [53] 

In March 2012, Facebook Announced App Center, a store selling applications que operate via the site. The store will be available to iPhone, Android and mobile web users. [54] 

In 2012, Facebook was valued at $ 104 billion, and by January 2014 its market capitalization had risen to over $ 134 billion. [51] [55] At the end of January 2014, 1:23 billion users Were active on the website every month, while on December 31, 2013, 945 million of this overall Were Identified by the company's mobile users. The company Celebrated its tenth anniversary in the week of February 3, 2014 [56] In each of the first three months of 2014, over one billion logged into Their Facebook account on a mobile device. [57] 

On January 2014, During the week previous to the company's tenth anniversary, chief operating officer of Facebook, Sheryl Sandberg, clarified: "He [Mark] always said Facebook was started not just to be a company, but to Fulfill the vision of connecting the world ". 

Initial public offering 
Main article: Initial public offering of Facebook 
Their Facebook S1 document filed with the Securities and Exchange Commission on February 1, 2012 The company applied for a $ 5 billion initial public offering (IPO); . one of the biggest in the history of technology and the biggest in Internet history [58] Facebook valued its stock at $ 38 a share Which priced the company at $ 104 billion - the largest valuation to date for the new public company [59] [. 60] The IPO raised $ 16 billion, making it the third largest in US history [61] [62] The shares Began trading on May 18.; the stock struggled to stay above the IPO price for most of the day, but set it for the record trading volume of an IPO (460 million shares). [63] The first day of trading was marred by technical glitches que orders Prevented from going through; [64] only the technical problems and artificial support from underwriters Prevented the stock price from falling below the IPO price on the day [65]. 


Billboard on the Thomson Reuters building welcomes Facebook to Nasdaq, 2012 
It was Revealed later [when?] Que Facebook's lead underwriters, Morgan Stanley (MS), JP Morgan (JPM) and Goldman Sachs (GS) cut Their earnings forecasts for the company in the middle of the IPO roadshow. [66] The stock continued its freefall in subsequent days, closing on May 21 at 34.03 and 31.00 on May 22 A 'circuit breaker' was used in an attempt to slow down the stock price's decline. [67] Securities and Exchange Commission Chairman Mary Schapiro and Financial Industry Regulatory Authority (FINRA) Chairman Rick Ketchum called for a review of the Circumstances surrounding the IPO. [68] 

Facebooks' IPO is now under investigation and Has Been Compared to pump and dump schemes. [64] [66] [68] [69] The class-action lawsuit was filed in May 2012 due to the trading glitches, Which led to botched orders . [70] [71] Apparently, [? According to Whom] the glitches Prevented a number of investors from selling the stock During the first day of trading while the stock price was falling - forcing to incur bigger losses Them When Their trades finally went through. 

Lawsuits Have Been filed alleging que an underwriter is Morgan Stanley selectively Revealed adjusted earnings Estimates to preferred clients. [72] The other underwriters (MS, JPM, GS) and Facebook's CEO and board are Also facing litigation. [73] It is Believed que Adjustments to earnings Estimates Were communicated to the underwriters by the Facebook financial officer, who used the information to cash out on Their positions while leaving the general public with overpriced shares. [74] 

By the end of May 2012, the stock lost over a quarter of its starting value, Which led to the Wall Street Journal calling the IPO a "fiasco". [75] 

After going public 
In July 2012, Facebook added the same-fri marriage icon to its timeline feature. [76] On August 23, 2012, Facebook released an update to its iOS app (version 5.0), Which changed how Collected data was displayed and to make it faster. On January 15, 2013 Announced Facebook Graph Search, Which Provides users with a "need to answer" rather than a link to an answer by leveraging the data present on its website. [77] Facebook que emphasized the feature would be "privacy-aware , "returning only results from content already shared with the user. [78] the company is the subject of a lawsuit by Rembrandt Social Media for patents Involving the" Like "button. [79] on April 3, 2013, Facebook unveiled Home, the user-interface layer for Android devices offering greater integration with the site. HTC Announced the HTC First, the smartphone with pre-loaded Home. [80] On April 15, 2013, Facebook Announced an alliance across 19 states with the National Association of Attorneys General To provide teenagers and parents with information on tools to manage social networking profiles. [81] On April 19, 2013, Facebook officially modified its logo to remove the faint blue line at the bottom of the "F" icon. The letter F moved closer to the edge of the box. [82] 

Following a campaign by advocacy groups 100, Facebook agreed to update its policy on hate speech. The campaign highlighted content Promoting domestic and sexual violence against women, and used over 57,000 tweets and more than 4,900 emails que withdrawal of advertising from the site Caused by 15 companies, including Nissan UK, House of Burlesque and Nationwide UK. The social media website INITIALLY responded by stating that "while it may be common and offensive, distasteful content on its own does not violate our policies". [83] It DECIDED to take action on May 29, 2013 after it "clear Become our que systems to identify and remove hate speech have failed to work effectively to those we would like, Particularly around issues of gender-based hate. "[84] 

On June 12, 2013 on Facebook Announced That It was its newsroom Introducing clickable hashtags to help users follow trending discussions or search what others are talking about on the topic. [85] A July 2013 Wall Street Journal article Identified the Facebook IPO to the cause of a change in the US 'national economic statistics, home to the company (San Mateo County, California) Became the top wage-earning county in the country after the fourth quarter of 2012 The Bureau of Labor Statistics Reported average weekly wage the que in the county was $ 3.240 US, 107% higher than the previous year. It Noted the wages staff "the equivalent of $ 168,000 a year, and more than 50% higher than the next highest county, New York County (better known to Manhattan), Which came in at $ 2.107 a week, or roughly $ 110,000 a year." [86] 

Mail.Ru Russian internet firm sold its Facebook shares for $ 525 million on September 5, 2013 Following its initial $ 200 million investment in 2009 Partly owned by Russia's richest man Alisher Usmanovhe, the firm owned a total of 14.2 million shares remaining prior to the sale. [87] in the same month, the Chinese government Announced That It will lift the ban on Facebook in the Shanghai Free Trade Zone "to welcome foreign companies to invest and to let foreigners live and work happily in the free-trade zone. "Facebook Has Been blocked in China since 2009 [88] 

Facebook is part of The Alliance for Affordable Internet (A4AI) (Which was launched in October 2013). The A4AI is a coalition of public and private Organisations que includes Google, Intel and Microsoft. Led by Sir Tim Berners-Lee, the A4AI seeks to make Internet access more affordable so that access is broadened in the Developing World, where only 31% of people are online. Google will help to Decrease Internet access prices so that they fall below the UN Broadband Commission's worldwide target of 5% of monthly income. [89] 

The Reuters report, published on December 11, 2013, Stated que Standard & Poor's Announced the placement of Facebook onto its S & P 500 index "after the close of trading on December 20." [90] Facebook Announced Q4 2013 earnings of $ 523 million (20 cents per share), an Increase of $ 64 million from the previous year. [91] 

In February 2014, Facebook Announced That It would be buying mobile messaging company Whatsapp for $ 19 billion in cash and stock. [92] In June 2014, Facebook Announced the acquisition of Pryte, the Finnish mobile data plan firm que AIMS to make it easier for mobile phone users in underdeveloped parts of the world to use wireless Internet Apps. [93] The part of the company's second quarter results, Facebook Announced in late July 2014 que Mobile accounted for 62% of its advertising revenue, Which Is an Increase of 21% from the previous year. [94] 

At the start of July 2014, Facebook Announced the acquisition of LiveRail, San Francisco, California-based online video advertising company. LiveRail's technology Facilitates the sale of video inventory across different devices. The terms of the deal Were undisclosed, but TechCrunch Reported que Facebook paid between $ 400 million and $ 500 million. [95] [96]

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14 hours ago - Via Google+ - View -
https://plus.google.com/110320990111565528559 Neira Jones : Why You're At Risk Of Phishing Attacks (& Why JP Morgan Chase Customers Were Targeted Last Week) http...
Why You're At Risk Of Phishing Attacks (& Why JP Morgan Chase Customers Were Targeted Last Week) http://www.forbes.com/sites/josephsteinberg/2014/08/25/why-you-are-at-risk-of-phishing-attacks-and-why-jp-morgan-chase-customers-were-targeted-this-week/ #cybercrime
Why You Are At Risk Of Phishing Attacks (And Why JP Morgan Chase Customers Were Targeted Last Week)
A significant phishing attack took place last week. Why are people still falling prey to such a simple scam? And why are you at risk?
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