For the better part of the last few weeks Facebook has been drifting slowly downward.
On Friday Facebook closed the week, and the month with a thud, dropping a dollar to $18.06 per share. As the slide continues Facebook stock has lost more than half its value since an initial public offering on May 17 at $38 per share.
Mark Zuckerberg's master plan.
A thorough analysis by Business Insider of the IPO prospectus and Mark Zuckerberg's letter to shareholders points out that nothing currently happening with Facebook should be much of a surprise. If you read the analysis and commentary, then everything that has happened so far is right in line with Mark Zuckerberg's master plan.
As a technology professional who spends many hours each weekend reading technology newsletters and blogs, I am still sorting out a multitude of questions I have on the ongoing Apple versus Samsung fight.
As much as the headlines proclaimed a big victory in the California courts for Apple, I couldn't help but wonder, was it really as decisive a victory as some have claimed.