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Facebook is expected to file for its initial public offering as early as Wednesday. The social network could be valued as high as $100 billion, putting it among the likes of McDonald’s and Citigroup. No tech company’s IPO has been valued so high since Google’s in 2004. In other news, Twitter is forced to censor tweets when a government requests they do so. In the past, the site was forced to block the content worldwide, but its new system aims to reduce that censorship. Content will still remain blocked in that country, but made available everywhere else. And finally, Nintendo announced that it would soon launch an online gaming platform similar to Xbox Live and PlayStation Network. The Nintendo Network will let 3DS and future Wii U users play against each other online and download digital content, including full games.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.