Acquisition, class action … the hidden news of Facebook during its IPO

by bold-lichterman

While all media attention in recent days has been focused on the IPO of Facebook, the social network took the opportunity to discreetly finalize yet another acquisition. Another fact somewhat eclipsed by the hype surrounding its IPO: a class action carried out by American Internet users, who are demanding nearly $ 15 billion in compensation. The details of these two pieces of information, more or less gone unnoticed, while the Facebook share has, for its part, lost nearly 12% since its introduction on Friday.

Acquisition class action the hidden news of Facebook during its

While Facebook raised $ 16 billion last Friday in its IPO, TechCrunch, for his part, pointed to a class action of $ 15 billion targeting the social network of Mark Zuckerberg. This collective action, filed in California, brings together 21 complaints from former members of the platform who accuse the company of having continued to collect their personal data, while they had left the platform.

Two days ago, the young shoot Karma announced, for its part, that it had just been bought by Facebook. After recent acquisitions from Instagram, of Lightbox or even Glancee, the social network therefore continues its market in the mobile sector. Based in San Fransco the start-up Karma is specialized in social gifting. The company publishes in fact a mobile application which allows users to send gifts from their smartphone. The amount of the transaction was not disclosed.

In the series of “surprise” operations carried out over the past few days, Marck Zuckerberg announced his marriage last Saturday on his own profile Facebook. In the wake of his IPO, the new billionaire has made it known that he had just married Priscilla Chan. So a busy week for the 28-year-old businessman …