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    Facebook IPO glitch prompts margin calls, headaches

    Reuters - 20 hours ago

    BOSTON (Reuters) - Just hours before Facebook Inc made its stock market debut last Friday, Seuk Kim put in a limit order $4 above the initial public offering price. "I thought it was going to have that first day pop," Kim said. "I didn't think anyone would get in at the $38 IPO price." Limit orders give investors a measure of protection because the stock is eligible to be purchased at or below the … More »Facebook IPO glitch prompts margin calls, headaches

    • Feeding frenzy for lawyers in botched Facebook IPO Reuters - 21 hours ago

      (Reuters) - Facebook Inc's bungled initial public offering has gone from one of the most highly anticipated stock offerings to a hot legal opportunity for lawyers on … More »Feeding frenzy for lawyers in botched Facebook IPO

      (Reuters) - Facebook Inc's bungled initial public offering has gone from one of the most highly anticipated stock offerings to a hot legal opportunity for lawyers on both sides of shareholder litigation. Court battles over the fizzled IPO could run for years, as the social networking company, the banks that took it public …

    • The robotic arm (bottom) captures the SpaceX Dragon capsule
      SpaceX's Dragon makes historic space station dock AFP News - 21 hours ago

      SpaceX on Friday became the first commercial outfit to send its own cargo capsule to the International Space Station, heralding the start of a new era for private sp … More »SpaceX's Dragon makes historic space station dock

      The robotic arm (bottom) captures the SpaceX Dragon capsule

      SpaceX on Friday became the first commercial outfit to send its own cargo capsule to the International Space Station, heralding the start of a new era for private spaceflight.

    • Yahoo! logo
      Yahoo! ditches digital newsstand for iPads AFP News - 22 hours ago

      Yahoo! shuttered its fledgling digital newsstand for iPads on Friday in what it said was the start of a product purge intended to make the floundering Internet pioneer … More »Yahoo! ditches digital newsstand for iPads

      Yahoo! logo

      Yahoo! shuttered its fledgling digital newsstand for iPads on Friday in what it said was the start of a product purge intended to make the floundering Internet pioneer more nimble.

    • Traffic flies by the entrance sign to Facebook headquarters in Menlo Park before the company's IPO launch
      Facebook options debut a wild card for volatility Reuters - 22 hours ago

      (Reuters) - Investors can hope the debut of options on Facebook Inc goes more smoothly than the long-awaited debut of the social networking service's stock on May 18. … More »Facebook options debut a wild card for volatility

      Traffic flies by the entrance sign to Facebook headquarters in Menlo Park before the company's IPO launch

      (Reuters) - Investors can hope the debut of options on Facebook Inc goes more smoothly than the long-awaited debut of the social networking service's stock on May 18. While the stock's puts and calls are expected to be popular, the big wild card is volatility and ultimately, the options price. Traders will get a fresh start …

    • Shareholders vote to take China's Alibaba unit private
      Shareholders vote to take China's Alibaba unit private AFP News - 23 hours ago

      Minority shareholders of Alibaba.com on Friday voted in favour of a proposal by its parent Alibaba Group Holding to take the Hong Kong-listed online trading unit private, … More »Shareholders vote to take China's Alibaba unit private

      Shareholders vote to take China's Alibaba unit private

      Minority shareholders of Alibaba.com on Friday voted in favour of a proposal by its parent Alibaba Group Holding to take the Hong Kong-listed online trading unit private, the company said.

    • They're here. They're geeks. Get used to it Reuters - Sat, May 26, 2012

      NEW YORK (Reuters) - Turns out, geeks are inheriting the earth. Thanks to ubiquitous consumer electronics and the prominence of technology executives like Facebook Inc's … More »They're here. They're geeks. Get used to it

      NEW YORK (Reuters) - Turns out, geeks are inheriting the earth. Thanks to ubiquitous consumer electronics and the prominence of technology executives like Facebook Inc's Mark Zuckerberg and the late Steve Jobs of Apple Inc, it's no longer an insult to be called a geek. The geek -- broadly speaking, the tech-obsessed, socially-awkward …

    • Facebook fallout: Silicon Valley won't snub Morgan Stanley Reuters - Fri, May 25, 2012

      SAN FRANCISCO/NEW YORK (Reuters) - Silicon Valley isn't quite ready to dump Morgan Stanley over the Facebook IPO fiasco. It could be said that playing a role in botching … More »Facebook fallout: Silicon Valley won't snub Morgan Stanley

      SAN FRANCISCO/NEW YORK (Reuters) - Silicon Valley isn't quite ready to dump Morgan Stanley over the Facebook IPO fiasco. It could be said that playing a role in botching the world's biggest tech initial public offering would be enough to kick its lead banker out of the club, or at least to the curb, but a tarnished image …

    • Facebook's new Camera app
      Top tech headlines: Facebook launches Camera app, Yahoo! unveils Axis web … AFP Relax - Fri, May 25, 2012

      Hot topics in the tech blogs for the week ending May 25 include Facebook’s brand new Camera app, Facebook’s IPO controversy, Yahoo!’s Axis browser launch, next gen iPhone … More »Top tech headlines: Facebook launches Camera app, Yahoo! unveils Axis web …

      Facebook's new Camera app

      Hot topics in the tech blogs for the week ending May 25 include Facebook’s brand new Camera app, Facebook’s IPO controversy, Yahoo!’s Axis browser launch, next gen iPhone rumors and the launch of Microsoft’s student-focused so.cl social network.

    • NBC sign on the General Electric building in New York
      NBC may buy Microsoft's MSNBC.com stake Reuters - Fri, May 25, 2012

      (Reuters) - NBCUniversal is in talks to buy out Microsoft Corp's 50 percent stake in joint venture MSNBC.com, media reports said. NBCU parent Comcast Corp is conducting … More »NBC may buy Microsoft's MSNBC.com stake

      NBC sign on the General Electric building in New York

      (Reuters) - NBCUniversal is in talks to buy out Microsoft Corp's 50 percent stake in joint venture MSNBC.com, media reports said. NBCU parent Comcast Corp is conducting due diligence and the partnership with NBC News could be unwound by this summer, said Adweek, which first reported the talks. "Discussions are taking place," …

    • The unmanned, cargo-carrying ship aims to be the first privately owned craft to berth with the space station
      SpaceX makes final approach to space station AFP News - Fri, May 25, 2012

      SpaceX's Dragon capsule on Friday made its final approach toward the International Space Station, edging closer to the climax of its landmark mission to latch on to the … More »SpaceX makes final approach to space station

      The unmanned, cargo-carrying ship aims to be the first privately owned craft to berth with the space station

      SpaceX's Dragon capsule on Friday made its final approach toward the International Space Station, edging closer to the climax of its landmark mission to latch on to the orbiting research lab.

    • Visitors walk past an Ebay and PayPal banner at the Mobile World Congress in Barcelona
      PayPal strikes deals with 15 retailers Reuters - Fri, May 25, 2012

      SAN FRANCISCO (Reuters) - PayPal has made deals with 15 retailers including Toys R Us, J C Penney and Barnes & Noble that will allow consumers to pay for purchases with … More »PayPal strikes deals with 15 retailers

      Visitors walk past an Ebay and PayPal banner at the Mobile World Congress in Barcelona

      SAN FRANCISCO (Reuters) - PayPal has made deals with 15 retailers including Toys R Us, J C Penney and Barnes & Noble that will allow consumers to pay for purchases with their cellphones while expanding the online payment company's service into additional physical stores. Earlier this year Home Depot began accepting PayPal …

    • Facebook releases camera app for iPhones
      Facebook makes mobile move after IPO flop AFP News - Fri, May 25, 2012

      Facebook released a "camera" application Thursday that lets people take Instagram-style pictures that can be shared with iPhones. More »Facebook makes mobile move after IPO flop

      Facebook releases camera app for iPhones

      Facebook released a "camera" application Thursday that lets people take Instagram-style pictures that can be shared with iPhones.

    • Google reveals copyrighted material claims
      Google reveals copyrighted material claims AFP News - Fri, May 25, 2012

      Google on Thursday began revealing details about requests for links to be removed from Internet search results on the grounds they lead to copyrighted material posted … More »Google reveals copyrighted material claims

      Google reveals copyrighted material claims

      Google on Thursday began revealing details about requests for links to be removed from Internet search results on the grounds they lead to copyrighted material posted without permission.

    • Visitors tour front pages from The Times-Picayune newspaper in New Orleans as part of an exhibit at the Newseum in 2010
      New Orleans newspaper to end daily publication AFP News - Thu, May 24, 2012

      The Times-Picayune, the largest newspaper in New Orleans, said Thursday it would end daily print publication, moving to a schedule of three issues per week, to adapt … More »New Orleans newspaper to end daily publication

      Visitors tour front pages from The Times-Picayune newspaper in New Orleans as part of an exhibit at the Newseum in 2010

      The Times-Picayune, the largest newspaper in New Orleans, said Thursday it would end daily print publication, moving to a schedule of three issues per week, to adapt to "an increasingly digital age."