Facebook Hits Billionth User

Facebook has a history of publicly recognizing significant growth milestones. When it hit 500 million monthly active users in July 2010, Mr. Zuckerberg recorded a filmed greeting expressing his thanks.

Published

12 years ago

October 4, 2012

BusinesSuiteOnline

Facebook has reached a striking if inevitable milestone — its active user base is now a billion strong, up from 900 million in April just before its IPO — and it’s commemorating that achievement with a brand ad designed to both celebrate those who log on every day and to spread the Facebook gospel as part of the tougher task ahead: reaching the next billion users.

CEO Mark Zuckerberg announced the news early this morning with a post on his timeline that links to the 90-second spot that lives on a Facebook page. It was created out of Wieden & Kennedy, Portland, and directed by the Mexican film director Alejandro Gonzalez Inarritu (of “Amores Perros” and “Babel” fame). While it has the polish of a TV spot and seems readymade for a prime-time debut, Facebook’s stated intention is to promote it using its own suite of ad products — including sponsored stories and the log-out ad — though the video will live on a public page that non-users can also see.

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John Mahfood “I Listed on the JSE to Raise Capital for My Business”

Published

8 years ago

November 24, 2016

Managing Editor

JSE Online Trading Platform

Published

8 years ago

November 24, 2016

Managing Editor

Grace Stockholders To Vote On 3-for-1 Stock Split Today

Published

8 years ago

July 11, 2016

BusinesSuiteOnline

Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

He says the stock split would allow GK’s stock to be made available to more investors while further enhancing the market for the shares.

Ahead of this morning’s Extraordinary General Meeting, GK last week issued 59,360 additional GK shares.

UK Loses S&P Triple A Rating

Published

9 years ago

June 27, 2016

BusinesSuiteOnline

The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

Published

9 years ago

June 27, 2016

BusinesSuiteOnline

Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.