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For all the anticipation leading up to Facebook's initial public offering, opinions about how it performed are decidedly mixed. Clearly, though, the market didn't think the stock, which started at US$38 per unit, was a grand bargain: Facebook ended trading on Friday just a few cents over its opening price. Underwriters had to step in during the day to support the price, according to anonymous sources cited by The Wall Street Journal...
Wearing his trademark hoodie, Facebook CEO Mark Zuckerberg virtually rang Nasdaq's opening bell from Silicon Valley this morning to kick off the start of what will be a very interesting Friday. ...
Twitter has made an important overture to privacy advocates: It is giving users the ability to opt out of being tracked on the service by enabling the Do Not Track feature in the Firefox browser. ...
Google is extensively updating its search function with the rollout of a new Knowledge Graph. ...
General Motors plans to stop advertising on Facebook because the ad campaigns are not paying off in any measurable way. ...
Groupon delivered earnings that pleasantly surprised shareholders. The daily deal provider reported a net loss of US$11.7 million, a huge improvement from the $146.5 million it lost a year ago in its first quarter as a private company ...
Nvidia and Intellectual Ventures have partnered to buy a set of patents developed and owned by IPWireless. The patent portfolio comprises approximately 500 wireless patents, including in such areas as LTE, LTE-Advanced and 3G/4G technologies. ...
The Sapphire Now conference kicked off Monday in Orlando, Fla., with 60,000 customers, partners and employees of SAP participating, either at the conference facility or watching it online ...
Facebook cofounder Eduardo Saverin, a Brazilian native who is currently a resident of Singapore, has given up his U.S. citizenship. ...
The Facebook IPO roadshow -- a crucial time for the company -- is well under way, and the company's CEO has been in the spotlight. It was no doubt expected that Mark Zuckerberg would ditch his trademark hoodie for attire more befitting the circumstances, but no. At the few events Zuckerberg has attended, including the launch event in New York, he has sported the hoodie.
Zoho has enhanced its menu of offerings by incorporating social media into its customer support features. It has also added a Facebook social media integration point to its flagship application. The changes went live on Thursday, added automatically to the applications. ...
Deutsche Telekom is pursuing a merger between T-Mobile and MetroPCS Communications, according to a Bloomberg report citing anonymous sources ...
The Oracle v. Google copyright infringement and patent violation trial is continuing with the second phase, despite key unresolved issues from the copyright portion of the case. ...
E-tailers are getting better and better at making their customers happy, according to the annual E-Retail Satisfaction Index released by ForeSee. ...
The last seven days have no doubt felt surreal for executives and board members at Yahoo. It was a week ago that shareholder Daniel Loeb, CEO of hedge fund Third Point, revealed that Yahoo CEO Scott Thompson's educational credentials included a computer science bachelor's degree he never earned, spurring demands for the company to take action ...
Facebook kicked off its IPO roadshow in New York City on Monday, with CEO Mark Zuckerberg sporting his trademark hoodie sweatshirt and sneakers. A 30-minute video was part of the presentation, along with a Q&A session in which Zuckerberg and other executives took questions. ...
The jury hearing the Oracle-Google copyright infringement and patent violation case rendered a partial verdict in the copyright phase of the trial on Monday ...
Dan Loeb is not letting up the pressure on Yahoo, its board of directors or, most certainly, its CEO, Scott Thompson. ...
The jury hearing the Google-Oracle copyright violation and patent infringement case is expected to return a verdict on the first phase of the trial -- possibly a partial verdict -- as early as Monday. ...
By 2016, tablet PCs will reach an inflection point, a new study predicts: That is the year tablet shipments are predicted to outpace those of notebook PCs ...
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