Facebook to open sales office in Beijing

May 12 (Reuters) – Facebook Inc plans to open a sales office in China to work with local advertisers, Bloomberg reported, citing people familiar with the matter. The world’s largest social networking company is in talks to lease space in the Fortune Financial Center in Beijing’s central business district, Bloomberg said, citing the sources. Facebook could open an office in China within … Read more

Sizing up Facebook’s WhatsApp deal: What is Zuckerberg really up to?

The jury is out on whether Facebook (FB: Nasdaq) is a good investment proposition. It created ripples of excitement when it announced a staggering deal to snap up mobile phone messaging service WhatsApp last week. Should you be adding some Facebook shares into the mix of your largely South African portfolio? Looking at the current revenue … Read more