Facebook stock closes nearly flat in debut - 2012-05-19T00:38:07+01:00
 It was barely a "like" and definitely not a "love" from Facebook investors as the online social network's stock failed to live up to the hype in its trading debut Friday.
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Sudden wealth part of Silicon Valley's everyday - 2012-05-18T23:11:59+01:00
 In Silicon Valley, where sudden wealth is hardly something new and CEOs favor hoodies over bespoke blazers, Facebook's IPO on Friday didn't bring everyday life to a halt.
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The next digital image revolution? - 2012-05-09T06:57:33+01:00
 Despite the explosive innovation around digital picture-taking, the end result has actually changed very little. A photo is still a photo. And a poorly focused photo is still as bad as ever. Ren Ng aims to fix that.
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A 112-megapixel consumer camera concept needs your social love - 2012-05-18T23:19:15+01:00
Spectral Instruments may be a small company, but it has already designed several impressive cameras, including one called 1110 series that can capture the stars and the sun even in the middle of the day. The company's products have been designed … Continue reading →
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What the Friday: Watch this man open a bottle of beer… with a chainsaw - 2012-05-18T23:06:47+01:00
It's Friday again — hooray! Time to make plans for the weekend over a few bottles of beer like the man in the video above. But while you probably use a bottle opener to get to your fizzy liquor, this man uses … Continue reading →
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How to Watch the SpaceX Launch Online - 2012-05-18T21:49:36+01:00
Private spaceflight company SpaceX is scheduled to fly its Dragon capsule toward the International Space Station early on Saturday, marking the first time ever a privately built spacecraft will dock at the habitable artificial satellite. But if you're not near Florida’s Cape Canaveral Air Force Station and don't want to miss the launch, there are still a handful of ways you can watch the historic event live.
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FACEBOOK IPO LIVE: The social network goes public - 2012-05-18T23:21:30+01:00
 It's Facebook's big day.
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Nasdaq glitch confuses investors of Facebook IPO - 2012-05-18T23:06:38+01:00
Some investors who thought they had bought Facebook shares at the opening of trading were left without knowing for hours whether they had received the shares.
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Ultra-Orthodox plan huge NYC meeting on Net risks - 2012-05-19T01:55:59+01:00
 Ultra-Orthodox Jews who believe that the Internet threatens their way of life have rented the New York Mets' stadium for an unprecedented gathering on how to use modern technology in a religiously appropriate way.
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Reports: HP poised to eliminate up to 30,000 jobs - 2012-05-18T02:31:04+01:00
Hewlett-Packard is poised to eliminate as many as 30,000 jobs to compensate for dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets, according to reports published Thursday.
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Android App Video Review: Songify - 2012-05-18T22:58:00+01:00
All you have to do to become an amateur singer is tap the big record button, read your shopping list out loud, and then hit the button again. Now, your shopping list will be "songified" with the help of speech recognition software and auto-tune. I mean, this isn't Katy Perry level auto-tune, but it's enough to be tons of fun. You can re-songify any recording using a huge variety of pre-set songs, although you'll only have access to four at first. The rest must be purchased using special tokens. ...
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Ultra-Orthodox plan huge NYC meeting on Net risks - 2012-05-19T01:55:59+01:00
Ultra-Orthodox Jews who believe that the Internet threatens their way of life have rented the New York Mets' stadium for an unprecedented gathering on how to use modern technology in a religiously appropriate way.
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Historic Facebook debut falls flat - 2012-05-19T01:53:34+01:00
 SAN FRANCISCO (Reuters) - The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. Facebook shares began trading late Friday morning and opened 11 percent above the $38 offering price, but after peaking at about $45 slid rapidly at the end of the day to close at $38.23. The IPO was the third-largest in U.S. history and valued eight-year-old Facebook at $104 billion. ...
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Gateway co-founder bankrolls PAC for independents - 2012-05-19T00:58:18+01:00
Gateway Inc. co-founder Ted Waitt is financing a SuperPAC to support independent candidates across the country in the 2012 elections, the committee announced Friday.
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Facebook stock closes nearly flat in debut - 2012-05-19T00:38:07+01:00
It was barely a "like" and definitely not a "love" from Facebook investors as the online social network's stock failed to live up to the hype in its trading debut Friday.
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U.S. says will bar some Motorola Mobility phones - 2012-05-19T00:17:48+01:00
 WASHINGTON (Reuters) - Some Motorola Mobility smartphones infringe on a Microsoft patent and will be barred from importation to the United States, a U.S. trade panel said on Friday. The order by the U.S. International Trade Commission has been sent to President Barack Obama, who has 60 days to consider whether to overturn it for policy reasons. The legal fight at the ITC is one of dozens globally between various smartphone makers. Google's Android system has become the top-selling smartphone operating system, ahead of mobile systems by Apple, Microsoft, Research in Motion and others. ...
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A debate: Should you jump in on Facebook debut? - 2012-05-19T00:01:43+01:00
 Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.
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New lawsuit takes aim at Facebook privacy - 2012-05-18T23:59:11+01:00
 A new lawsuit consolidating several complaints about Facebook's privacy policies was filed Friday in California, seeking damages for US users of the social network for improper tracking.
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Amkor Technology to build plant in South Korea - 2012-05-18T23:40:46+01:00
Amkor Technology Inc., a specialist in packaging and testing computer chips, said Friday that it will build a $350 million semiconductor testing and packaging plant in South Korea.
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Questions and answers on blockbuster Facebook IPO - 2012-05-18T23:24:04+01:00
 A company started in a Harvard dorm room in 2004 has just raised $16 billion and is valued at $104 billion. All that from an initial public offering of stock.
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This Is Your Child's Brain on Exercise; How to Make Schools Healthier - 2012-05-18T23:23:00+01:00
 Discovered: Kids brains look different than adults brains when exercising, how to make schools healthier and how thunderclouds are contributing to climate change. This is your child's brain on exercise. It looks different than your adult brain, finds research. When kids exercise they change the way their brains work. "In the last several years there have been data suggesting that neurobiological changes are happening -- [there are] very brain-specific mechanisms at work here," explains researcher David Bucci. ...
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FACEBOOK IPO LIVE: The social network goes public - 2012-05-18T23:21:30+01:00
It's Facebook's big day.
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Intelsat Global files for $1.75 billion IPO - 2012-05-18T23:19:40+01:00
(Reuters) - Intelsat Global Holdings S.A., the world's biggest operator of satellite services, filed with U.S. regulators on Friday to raise up to $1.75 billion in an initial public offering of its common stock. The company filed for its IPO on a day Facebook Inc's eagerly awaited debut fell short of expectations. Technology stocks have had a good run in an otherwise lackluster IPO market, and companies such as Audience Inc and Millennial Media Inc have benefited from the market's soft spot on their debut. ...
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Netflix Successful at Luring One-Time Customers - 2012-05-18T23:17:00+01:00
COMMENTARY | When it comes to streaming video online, Netflix remains a priority option for many users. PCMag.com reports that one-third of new Netflix subscribers are individuals who dropped the service. Those returning customers will prove to be valuable additions for the company as it seeks to become a bona fide entertainment stop over the next few years.
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Sudden wealth part of Silicon Valley's everyday - 2012-05-18T23:11:59+01:00
In Silicon Valley, where sudden wealth is hardly something new and CEOs favor hoodies over bespoke blazers, Facebook's IPO on Friday didn't bring everyday life to a halt.
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Facebook stock debut fails to sizzle - 2012-05-18T23:10:10+01:00
It was barely a "like" and definitely not a "love" from Facebook investors as the online social network's stock failed to live up to the hype in its trading debut Friday.
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Nasdaq glitch confuses investors of Facebook IPO - 2012-05-18T23:06:38+01:00
Some investors who thought they had bought Facebook shares at the opening of trading were left without knowing for hours whether they had received the shares.
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Everything You Need to Know About Facebook's IPO - 2012-05-18T23:03:03+01:00
 Now that Facebook's finished its first day on the market, it's time to figure out what it all means. It ended the day at a price of $38.23 per share, almost exactly where it started the morning at $38 per share, does that mean today basically didn't happen? No. As you can see over at our live blog, it was an eventful day, which saw the stock peak at $45 per share, amid tech glitches and a resounding meh from the Internet. What does this mean for Facebook? America? The Internet? Me? You? Let's find out.
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Is Facebook for Lonely Narcissists? - 2012-05-18T22:51:38+01:00
 In this week's The New York Times Magazine, Well columnist Tara Parker-Pope asks, "Does Facebook turn people into narcissists?" which, when paired with The Atlantic's own recent cover story by Stephen Marche, "Is Facebook Making Us Lonely?" leads us to wonder whether we're all a bunch of isolated self-obsessed twits.
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Facebook IPO: Who is selling stock? - 2012-05-18T22:50:17+01:00
Facebook Inc. sold 180 million of its shares in its initial public stock offering. Another 241.2 million came from existing stockholders, including the company's earliest investors and CEO Mark Zuckerberg.
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Tale of the tape: Google versus Facebook - 2012-05-18T22:29:57+01:00
Facebook is the hottest Internet company to hit the stock market since Google went public in 2004. The Silicon Valley companies, located seven miles apart, also happen to be locked in a bitter battle for Web surfers' allegiance and online advertisers' money. The duel is likely to intensify now that the IPO has given Facebook Inc.'s social network billions of dollars to battle Google Inc.'s dominant search engine.
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Historic Facebook debut falls short of expectations - 2012-05-18T22:28:44+01:00
 SAN FRANCISCO (Reuters) - The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. Facebook shares, which opened up 11 percent, closed at $38.23 after a nail-biting last half hour of trading when the shares dipped to their $38 IPO price. Most investors had predicted a first-day pop. More than 576 million shares changed hands, setting a trading volume record for U.S. market debuts. ...
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Road to IPO: Milestones in Facebook's history - 2012-05-18T22:26:04+01:00
Key developments in the eight years since Facebook Inc.'s creation:
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A look at how some IPO stocks have fared - 2012-05-18T22:23:07+01:00
Facebook raised $16 billion in its initial public offering Thursday, pricing its stock at $38 per share. Its public debut was the most anticipated tech IPO since Google went public in August 2004. After an anxiety-filled half-hour delay, shares began trading Friday on the Nasdaq Stock Market. They closed almost unchanged, at $38.23.
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Beyond Facebook: A look at social network history - 2012-05-18T22:19:27+01:00
Facebook may have made social networking a worldwide cultural phenomenon, but it wasn't the first Internet company to connect people online. And it won't be the last. Here's a look at how social networking has evolved. Some companies have come and gone. Some are mere shells of their former selves. And others show promise, even as Facebook dominates the social Web.
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Facebook falls flat in public debut - 2012-05-18T22:06:20+01:00
After all the hype, Facebook's first day as a public company ended where it began.
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Facebook's IPO: Who Got Rich - 2012-05-18T22:06:10+01:00
Mark Zuckerberg
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Facebook IPO averts "odd lot" question - 2012-05-18T22:02:38+01:00
 NEW YORK (Reuters) - Facebook Inc's modest debut on Friday may have averted a potential headache for the company and regulators, and kept at bay a debate over the role of "odd lots" in the marketplace. Shares of Facebook traded as high as $45, near the price of $50 that would keep many retail investors from placing a typical "round lot" order of 100 shares, because the total cost will be $5,000 - considered a threshold for many investors. By the end of regular trading on Friday, however, the stock closed at $38.23, just 23 cents, or 0.6 percent, above its initial public offering price. ...
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Social media stocks tumble on tepid Facebook IPO - 2012-05-18T22:01:56+01:00
The lukewarm response to Facebook Inc.'s initial public offering sent shares of other social-media companies tumbling Friday.
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Scramble for Facebook stock ends in "Face-flop" - 2012-05-18T22:01:50+01:00
NEW YORK (Reuters) - On Monday, 74-year-old Betty Tanguilig told her financial adviser to liquidate a $400,000 account and put all the proceeds into Facebook Inc IPO shares. Her adviser, Alan Haft, agreed to sell only $46,000 of the $400,000 account, one of several the retiree has. But at about 6:00 a.m. EDT Friday, Haft heard from his brokerage firm, E*Trade Financial Corp, that Tanguilig did not get any IPO shares. Tanguilig, a retired mother of eight, was furious. She has been on Facebook for many years and regularly logs in. "I had to have it," she said. ...
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