Saturday, January 30, 2021

Facebook is hated — and rich

The company said Wednesday that its sales — nearly all of which come from the ads it sells on Facebook, on Instagram and its other apps — reached nearly $86 billion in 2020 and are growing rapidly.

from Tech-Economic Times https://ift.tt/3j2wWG4

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Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS...