mark zuckerberg created a seemingly perfect home
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Mark Zuckerberg created a seemingly perfect home

Egypt Today, egypt today

Egypt Today, egypt today Mark Zuckerberg created a seemingly perfect home

New York - Arabstoday

Mark Zuckerberg has created a seemingly perfect home on the Web, one where people feel comfortable chatting with friends, playing games, sharing photos and videos, listening to music and revealing the most intimate details of their lives. The $100 billion question is whether Facebook will be a perfect home for advertisers, as well. Facebook, the social networking giant, is on the cusp of an initial public offering that is shaping up to be a success. There has been such an investor frenzy that the company supersized its offering on Wednesday. It now plans to sell nearly 18 percent of the company to the public - up from around 14 percent - in an IPO that could value the company at more than $100 billion. Despite the overwhelming level of interest, Facebook is facing fresh concerns over its ability to attract enough advertising revenue to justify that stratospheric valuation. On Tuesday, General Motors, the third-largest advertiser in the country, shut down its Facebook budget, about $10 million, saying that those ads were simply not doing enough to sell automobiles. For Facebook, the loss of $10 million is not a big deal. The company generated $3.7 billion of revenue last year, 85 percent from advertising. But the loss underlines the company's need to convince a skeptical Madison Avenue that Facebook pages are the perfect vehicle for marketers and to convince eager investors that it can increase its advertising revenue, and quickly. "It's one of the most powerful branding mechanisms in the world, but it's not an advertising mechanism," said Martin Sorrell, chief executive of WPP, the giant advertising agency. GM aside, many companies remain committed to the social media platform as a way to engage and connect with consumers. Advertising executives, industry analysts and institutional investors just aren't convinced that activity will translate into huge and growing profits for Facebook. It is a concern shared by some of the company's bankers, according to people with knowledge of the matter.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

mark zuckerberg created a seemingly perfect home mark zuckerberg created a seemingly perfect home



GMT 06:19 2015 Wednesday ,15 April

Classics great Boonen

GMT 06:20 2016 Thursday ,15 December

Tunisian president meets with AL

GMT 11:42 2017 Wednesday ,15 November

Prague zoo fetes health of rare Malayan tiger cubs

GMT 13:17 2017 Wednesday ,04 October

Richard Henderson (UK) win Nobel Chemistry Prize

GMT 12:45 2016 Thursday ,08 December

Original Madame Butterfly in Milan, 112 years later

GMT 08:07 2016 Monday ,08 February

Egypt flooded Gaza tunnels at Israel's request

GMT 12:12 2012 Thursday ,17 May

Mark Zuckerberg created a seemingly perfect home

GMT 07:46 2012 Wednesday ,01 February

Hashemite University announces new student

GMT 15:22 2013 Friday ,23 August

Suicide bomb kills 2 soldiers in Yemen

GMT 09:47 2017 Wednesday ,15 February

UAE to build first city on Mars by 2117

GMT 16:27 2018 Wednesday ,14 November

President al-Assad receives liberated abductees of Sweida
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday