Facebook is the hottest Internet company to hit the stock market since Google went public in 2004. The Silicon Valley companies, located seven miles apart, also happen to be locked in a bitter battle for Web surfers' allegiance and online advertisers' money. The duel is likely to intensify now that the IPO has provided Facebook Inc.'s social network with the means to pay for efforts to battle Google Inc.'s dominant search engine. Here's the two rivals stack up, based on the latest available data: Annual revenue: Google, $38 billion; Facebook, $3.7 billion. Advertising revenue: Google, $36.5 billion; Facebook, $3.2 billion. Annual net income: Google, $9.7 billion; Facebook, $668 million. Social networking users: Facebook, more than 900 million; Google, more than 170 million. Employees (as of March 31): Google, 33,100; Facebook, 3,500. CEO: Google, co-founder Larry Page; Facebook, co-founder Mark Zuckerberg. Amount raised in IPO: Google, $1.67 billion; Facebook, $16 billion. Figures include shares sold by stockholders and exclude bankers' option to sell more shares. IPO stock price: Google, $85; Facebook $38. Market valuation at debut: Google, $24.6 billion; Facebook, $104 billion. Date of stock market debut: Google, Aug. 19, 2004; Facebook, May 18, 2012 (expected). Percent gain of stock on first day of trading: Google, 18 percent; Facebook, to be determined. Current market value: Google, $203 billion; Facebook, $104 billion.
GMT 12:31 2017 Sunday ,24 December
SpaceX launches 10 more satellites for IridiumGMT 18:48 2017 Tuesday ,12 December
Bitcoin makes muted stock exchange debut at $15,000GMT 18:19 2017 Saturday ,09 December
France to allow trading of securities via blockchainGMT 07:39 2017 Thursday ,16 November
Cygnus cargo ship arrives at space stationGMT 17:49 2017 Sunday ,12 November
Aircraft overhead forces Orbital to cancel cargo launchGMT 19:18 2017 Wednesday ,01 November
Sony revives robot pet dogGMT 10:31 2017 Saturday ,28 October
Saudi Arabia Becomes First Country to Grant Citizenship to RobotGMT 17:46 2017 Saturday ,21 October
Spacewalkers fix robotic arm in time to grab next cargo ship
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor