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August 21 2014

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It’s A Good Day To Friend Mark Zuckerberg, And More of the Day’s Top Stories

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It’s probably been a pretty happy birthday for Mark Zuckerberg (pictured), Facebook’s baby-faced CEO, who turned 28 this week: The company’s initial public offering today is targeted to raise $16.4 billion and be the third largest in financial history. (The initial share price is $38.) Could a trade-up from his much-maligned hoodies be next? [WWD]

Zuckerberg isn’t the only guy smiling: U2 front man Bono is reaping the rewards of Facebook’s IPO as well. Through his private equity firm, Elevation Partners, Bono owns 2.3 percent of Facebook. This morning’s offering will earn a reported $1.5 billion and make the man the world’s richest rocker—a title he takes over from Sir Paul McCartney. [The Hollywood Reporter]

The Macy’s Thanksgiving Day parade is getting a shot of street culture thanks to KAWS, who has been tapped to create his own balloon. The artist (a.k.a. Brian Donnelly) plans to inflate his Companion character, who originally made his debut last summer when he was positioned at the entrance of the Standard hotel in New York. [NYT]

Sixties fashion icon Peggy Moffitt is still rocking her signature look—five-point haircut included—and she shows it off in a Phil Pinto-directed film shot at her Los Angeles home. The model and muse, who worked closely with designer Rudi Gernreich and photographer William Claxton (her husband), reminisces about her favorite fashion memories. [NOWNESS]

 

 

 

Photo: James Devaney / Getty Images

 

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