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.
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.
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.
A 112-megapixel consumer camera concept needs your social love
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 ?
English Premier League: The Social Media Season
The English Premier League is arguably the world's most popular sports organization, and this season saw explosive growth off the pitch in the realm of social media.
Nasdaq glitch confuses investors of Facebook IPO
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.
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.
Reports: HP poised to eliminate up to 30,000 jobs
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.
Android App Video Review: Songify
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. ...
In the hours before Facebook's stock began trading on the Nasdaq Stock Market for the first time, CEO Mark Zuckerberg reminded the company's 3,500 employees not to get caught up in the hoopla surrounding its long-awaited initial public offering.
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.
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. ...
Gateway co-founder bankrolls PAC for independents
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.
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.
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. ...
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.
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.
Amkor Technology to build plant in South Korea
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.
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.
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. ...
Intelsat Global files for $1.75 billion IPO
(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. ...
Netflix Successful at Luring One-Time Customers
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.
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.
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.
Nasdaq glitch confuses investors of Facebook IPO
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.
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.
Ebay a Hassle? Check Out This Platform for Secondhand Fashion
The Spark of Genius Series highlights a unique feature of startups and is made possible by Microsoft BizSpark. If you would like to have your startup considered for inclusion, please see the details here.
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.
Facebook IPO: Who is selling stock?
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.
English Premier League: The Social Media Season
The English Premier League is arguably the world's most popular sports organization, and this season saw explosive growth off the pitch in the realm of social media.
Tale of the tape: Google versus Facebook
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.
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. ...
A look at how some IPO stocks have fared
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.
Beyond Facebook: A look at social network history
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.
