Will Facebook Be Announcing a Phone on Wednesday?

 Wow!  This leaves us all wondering!  According to the article below, Facebook, the social-networking giant sent out invitations Monday for a special event Wednesday with little in the way of details -- leaving a curious public to speculate on just what Facebook has in store for us. Will it be an announcement about some new and reamped services? - or possibly the potential launching pad for the oft-rumored Facebook Phone? We don't know!
    . . . June


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FOXNews.com - Will Facebook Announce a Phone on Wednesday?:

Published October 05, 2010 | FoxNews.com

New phone? Revamped service? More millions of charitable donations? Complaints about the movie? With details short and buzz high, rumors are stacking up about a special Facebook event Wednesday.

The social-networking giant sent out invitations Monday for a special event Wednesday with little in the way of details -- leaving a curious public to speculate on just what Facebook has in store for us.

The popular website, now with 500 million users and (like it or not) its very own blockbuster movie, has been especially busy as of late: launching a geolocation feature called Places in August, overhauling its gaming notifications, and most recently upgrading its photo platform to allow for higher-resolution pictures. Will we see some event unveiling more information and branding about these things? Possibly, some argue.

Others expect Wednesday to be even bigger -- the potential launching pad for the oft-rumored Facebook

phone. The event is scheduled to start at 10 a.m. and last through lunch, after all, and Mark Zuckerberg himself was rather nebulous the last time he discussed the potential for Facebook phone.

"At the end of the day, when people say 'building a phone' they actually can mean very different things," he told TechCrunch at the time.

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Facebook Stock Splits 5-to-1 For More Affordable Investing

 It's good to see any company's bottom line increasing , and when a company does a 5 to1 share split, it means that it's doing very well. I feel that what they have accomplished is that they have preserved a market for the smaller investors to be able to buy these shares. After all, lots of people would like to have a piece of Facebook
    . . . June


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Facebook announces 5-to-1 shares split
Financials | ZDNet UK: "NEWS

Facebook formally sliced up its stock in a 5-for-1 division on Friday — a move designed to keep the price of individual shares lower as demand for the privately owned social-networking site on secondary markets has been driving it upward.

"The reason is that the stock has risen significantly since our last split, and this allows us to bring it into a similar price range as other private companies," Facebook spokesman Jonny Thaw told ZDNet UK's sister site CNET News. "It also allows us to give everyone larger stock unit grants without increasing dilution for shareholders."

It is the third time in Facebook's six-year history that the company has undergone a split of its shares, following a 4-for-1 division in July 2006 and another in October 2007. Splitting stock is not an uncommon practice, considering that when individual share prices grow very high it can limit their growth. A lower share price can make the stock more accessible to small-time investors.

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