Facebook will be taking the wraps off some hush-hush news this morning at a press event scheduled for 10 a.m. PT. Tech writers will descend on the social network’s Menlo Park, California campus to “come and see what we’re building,” as Facebook’s invitation put it, ensuring a flurry of coverage.
Wall Street certainly seems to be expecting a lucrative new product, judging from the recent spike in the price of Facebook stock, which last week rose 9 percent to a new six-month high above $30.
Facebook has done a masterful, almost Apple-esque job of subtly hyping the event, sending out mysteriously worded e-mail invitations to tech journalists during the Consumer Electronics Show, just at the moment those journalists were starting to grow bored with the Las Vegas gadget bonanza. This led to a flurry of speculation and publicity.
We’ll be joining the scrum on site at Facebook HQ and updating this post as the event unfolds, so check back for the news and our analysis.
Facebook's Big News: Check Back Here for Updates
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Facebook's Big News: Check Back Here for Updates