For four market makers backing IPO.

Read the original here:
Facebook Triggered $100M in Losses

Chris LeBarton jumped at the chance to get in on Facebook’s initial public offering. The Potomac investor and a group of friends pooled $50,000 to purchase $35 pre-offering shares through a hedge fund connection. Read full article > >

Read more:
Facebook shareholders express anger, confusion about botched IPO

Includes photo editing tools and 15 filters.

See the rest here:
Facebook Releases Camera App

Yahoo has launched a new browser for Apple’s mobile devices called Axis . The browser, which is also available on desktops through plug-ins for the four major browsers, is designed to let you move between your devices and look at the same searches. Read full article > >

See the rest here:
Yahoo launches Axis browser

Lawmakers are questioning a process in which the banks involved in Facebook’s I.P.O. shared a negative outlook about the company only with select clients.

Read more from the original source:
DealBook: Regulators Ask if All Facebook Investors Were Treated Equally

Facebook this week is getting pounded for dropping the ball on mobile . Well, the White House doesn’t want the government to drop it, too. President Obama issued a directive Wednesday that encourages federal agencies to make their Web sites and documents accessible on mobile platforms. Read full article > >

See more here:
Government focusing on mobile

Facebook shares hovered around $32 Wednesday morning, its fourth day of trading, as several banks involved in the company’s initial public offering have come under scrutiny. Reuters reported Tuesday that the Massachusetts Secretary of the Commonwealth has issued a subpoena to Morgan Stanley, the lead underwriter for the social network’s market debut. The subpoena comes after it was reported that analysts working for Morgan Stanley — as well as analysts at JP Morgan and Goldman Sachs — had all cut their revenue estimates for Facebook after seeing the company’s revised S-1 filing on May 9. In that document, Facebook expressed concern about its ability to respond to consumers’ shift to mobile devices. Read full article > >

Read more:
Facebook IPO: Questions about disclosure swirl as stock stabilizes

Animated Doodle features synthesizer.

See original here:
Google Honors Robert Moog

Rival bankers and big investors have complained that Morgan Stanley botched the debut by setting the price too high and selling too many shares to the public.

See the rest here:
DealBook: Facebook Debut Raises Questions on I.P.O. Process

Beats Internet Explorer for first time.

Read the original:
Chrome Is Most-Used Browser

Facebook’s debut on Wall Street last week may have been so-so. But on Monday, it officially flopped. Shares dropped 11 percent from the original starting price. For the social networking company, which declares that its mission is to “make the world more open and connected,” the investors had a pointed response: Put up or shut up. Read full article > >

See the rest here:
Facebook shares drop 11 percent

Court orders mediation for two tech giants.

Read this article:
Apple, Samsung Fight Over Patents

YouTube users are now uploading three days’ worth of video to the site every second — a whole 24 hours more than the site had last year. To celebrate its 7th birthday, Google’s video-sharing site released all-new metrics about itself, including its new upload numbers as well as the fact that subscriptions increased 50 percent in the past year. Another cool fact? The site logs 3 billion hours of viewing time per month. Read full article > >

Visit link:
YouTube uploads 72 hours of video a minute

Once the dust had settled on the story of the Facebook IPO, it seemed the news cycle would might go without a mention of Facebook co-founder and chief executive Mark Zuckerberg for at least a couple of hours. Then came the news Saturday that Zuckerberg, 28, had married college sweetheart Priscilla Chan in a surprise ceremony. Read full article > >

Read this article:
Meet Priscilla Chan, tech’s newest first lady

Under the deal, the Alibaba Group will buy back half of Yahoo’s stake, and Yahoo will sell an additional 10 percent when Alibaba goes public.

See the original post here:
DealBook: Yahoo Approves Plan to Sell Part of Alibaba Stake