 |  |  |  |  |
Facebook allowed to triple size of its HQ, pays $10 million for the privilege
| |||||||||
|
Facebook allowed to triple size of its HQ, pays $10 million for the privilege
| | |||||||
 |
 |
| | Thread Tools |
31st May 2012, 07:43
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,500
 |  Facebook allowed to triple size of its HQ, pays $10 million for the privilege Swollen with cash following its IPO, Facebook is looking to expand its headquarters in Menlo Park. Its plan to triple its workforce there from 2,200 to 6,600 people was approved by local officials last night, removing the previous cap that allowed a maximum of 3,600 messy, resource-consuming humans. In lieu of the added burden on the city, Facebook will have to contribute $850,000 per year for ten years, plus a one-time payment of $1,000,000. The start of a surge towards greater products and profits, or the beginning of a complacent corporate decline? We'll let the stock market decide. http://www.engadget.com/2012/05/30/f...ark-expansion/ |
|  |
|
Similar Threads | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Facebook Co-Founder Could Save $67 Million in Taxes After Axing U.S. Citizenship | Stefan Mileschin | WebNews | 0 | 18th May 2012 06:59 |
| Facebook pays Microsoft $550 million | Stefan Mileschin | WebNews | 0 | 25th April 2012 06:23 |
| Flaw in all Windows versions allows highest privilege level for 16-bit applications | jmke | WebNews | 0 | 20th January 2010 15:58 |
| Facebook pays $65 million to ConnectU | jmke | WebNews | 0 | 11th February 2009 19:30 |
| Futuremark: NVIDIA GPU PhysX not allowed | jmke | WebNews | 0 | 21st July 2008 09:42 |
| No pre-owned games to be allowed for Playstation 3 | Sidney | WebNews | 1 | 9th November 2005 15:52 |
| Microsoft pays IBM $775 million to settle suit | Sidney | WebNews | 2 | 1st July 2005 18:22 |
| Thread Tools | |
| |
