Shelly Palmer

Shelly Palmer Radio Report – January 30, 2012

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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.