One of Northern Colorado’s better-known companies has announced plans to leave the area by the end of the year. Despite multiple efforts to keep Eldon James from moving, the loss is being viewed as a black eye to economic-development efforts in the region.
A worker sits in the Facebook office in Menlo Park, Calif. The amount of information Facebook learns about its users seems to have entranced Wall Street.
Credit Jeff Chiu / AP
Facebook's initial public offering is shaping up to be one of the largest in history. This morning the company told the Securities and Exchange Commission that it was expanding its offering ... again.
Now Facebook is planning to raise up to $16 billion from investors by taking a small slice of the company to the public. And it will likely be worth more than $100 billion on its opening day of trading. It could easily go higher.
Looking to get more popular on Facebook? Alex Melen will sell you 1,000 "likes" for about $75.
Melen runs an Internet marketing company. About six months ago, companies he worked with started coming to him more and more with a simple problem: They had created pages on Facebook, but nobody had clicked the "like" button.
"You would go there, and there would be two likes," Melen says. "And one of them would be the owner. And people right away lost interest in the brand."