Tagged: speculation

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May 18, 2001: Shrek is Released

2001 – The computer animated movie “Shrek” hits theaters. The 90 minute movie was produced on a $60 million budget and although it’s first weekend only saw $42 million , the overall theatrical run brought in $487 million. Shrek was the first computer animated film to win an Academy Award (Best Animated Feature). Full Day in Tech History podcast show notes for May 18 Sony establishes: Sony Computer Entertainment of America Dell add AMD processors Facebook adds OpenID Podcast: Play in new window | DownloadSubscribe! Apple Podcasts | Android | RSS | More

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February 1, 2008: Microsoft Bids Yahoo, 2012: Facebook Files IPO

2008 – Microsoft officially made a move to put a bid in for Yahoo! They announced a plan of $31 a share, which was 62 percent of premium common stock from Yahoo! This was not the first time Microsoft had made a play for the company, but this was the most covered by press. Yahoo! would eventually decline the offer of Microsoft, claiming they undervalued the company. This would bring Carl Ichan to the forefront which would lead to months of speculation and debate.  Although Yahoo! did not take the bid, they did end up selling the search assets in 2009 under...

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February 1, 2012: Facebook Announces IPO

2012 – Facebook’s Mark Zuckerberg announced the company will be filing for Public IPO. The company will be looking for 5 billion dollars for the social network. Zuckerberg wrote in a letter to potential investors: We think it’s important that everyone who invests in Facebook understands what this mission means to us, how we make decisions and why we do the things we do. I will try to outline our approach in this letter. Trading began on May 18, 2012 at $38 and whereas the company was expecting a higher price, the stock closed at $38.23. The following day the...

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May 18, 2012: Facebook Goes Public – 2001: Shrek is Released

2012 – After much speculation, Facebook shares go public under “FB”. The stock started at $38 a share but instantly dropped. Stock dropped to $26 / share by years end. It currently hovers around that price. 2001 – The computer animated movie “Shrek” hits theaters. The 90 minute movie was produced on a $60 million budget and although it’s first weekend only saw $42 million , the overall theatrical run brought in $487 million. Shrek was the first computer animated film to win an Academy Award (Best Animated Feature). Full Day in Tech History podcast show notes for May 18 Sony...

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