The Facebook IPO was this week’s biggest story. The social media giant, which boasts 800 million members, is seeking a $75-$100 billion market valuation. But hold your horses, investors. A lot of that optimism could be empty hype. After all, look at the site’s requested valuation as a percentage of its 2011 revenue, and compare it to other tech giants like Google and Microsoft. Also, contrary to Mark Zuckerberg’s claim, most of the world does not, in fact, “have access to the internet or mobile phones.”
Over at Slate, Mike Vuolo speaks with Bob Garfield about “African-American English,” or, as some might say, “Ebonics.” The two of them explore its history, misconceptions, and whether or not it’s possible or even appropriate for a white writer (such as The Help author Kathryn Stockett) to attempt to write in the dialect of certain African-Americans.
Some of the best novels out there — Huckleberry Finn, Of Mice and Men — deal largely with fictional friendships. Yet depictions of close friends that are central to the plot are considerably rare in modern novels. At The Guardian, AD Miller notes this isn’t the case for movies and TV shows, and suggests a number of reasons why. You could also read our own Kevin Hartnett on friendship in the age of Facebook.
Stephen J. Gertz shows off some of Bukowski’s artwork; Sketches of F. Scott drawn by Zelda Fitzgerald and a portrait of their relationship by Anne Margaret Daniel; An interview with three of the more than 130 artists involved with The Graphic Canon, a series of illustrated literary classics.
Lots of publications — The Millions included — have tackled the differences between reading e-books and physical books. It’s hard to know just what these differences mean for the future of literature. In the Chicago Tribune, John Warner proposes a novel argument (registration required) for why physical books will live on.
If your honey-bun doesn’t need another iPod or bottle of perfume this Christmas, consider Heifer International, a non-profit that lets you give the gift of heifers, sheep, goats, bees, rabbits, or water buffalo.