Even with that infusion of money, California's legislative analyst says he thinks state revenue may be billions less than Gov. Brown has forecast.Facebook's eagerly anticipated Wall Street debut could pump nearly $2.5 billion into California coffers over the next five years, the state's top budget analyst said Monday.
Stories Related to Facebook Ipo Could Give California Nearly $2.5 Billion In Five Years
By Chris Megerian, Los Angeles Times, Los Angeles Times
Tue, 02/28/2012 - 1:00am
RELATED ARTICLES
- Mobile Efforts Help Propel Facebook’s Earnings
Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices. More - All Eyes On Facebook's Mobile Growth And Graph Search Progress
Quick Take Facebook will release its Q1 2013 earnings on May 1. We expect healthy advertising revenue growth driven by improved mobile monetization and a growing user base. Margins will shrink due to higher headcount related costs and infrastructure investments. We’ll also look for any color on the success of Graph Search, which could be one of the key features of Facebook going forward. More - Empire State Building IPO clears NY legal hurdle
A legal challenge to an ambitious plan to let the public buy shares in one of New York City's most famous landmarks — the Empire State Building — was cast aside on Tuesday in a ruling by a Manhattan judge. More - One flight closer to space tourism
Virgin Galactic is one flight closer to becoming a commercial "spaceline." The company's passenger spacecraft, SpaceShipTwo, completed its first rocket-powered flight Monday morning above the Mojave Desert in California. More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more