In Pictures: Top 25 network and IT industry stori...
Facebook’s IPO woes
The social network, or should we call it “FB” as NASDAQ does, went public on May 18 and raised more than $100 billion for one of the largest tech IPOs of all time. If CEO Mark Zuckerberg had only known, he might have savored his NASDAQ bell-ringing a little bit more that day, as the IPO has been a big disappointment, from a significant stock exchange glitch in the opening hours of the IPO, to the Facebook site failing the day after the IPO to the company losing $50 billion in value in just the first three months after going public.
In Pictures: Top 25 network and IT industry stories of 2012