Posts Tagged ‘Technology’

Investment Banker Blamed in IPO

Saturday, May 26th, 2012

Morgan Stanley banker scapegoated for flop.

Read the original post:
Investment Banker Blamed in IPO

Apple’s boss rejects $75m payout

Friday, May 25th, 2012

Apple’s boss, Tim Cook, turns down a payout worth about $75m (£48m) that he was due from the technology giant’s upcoming dividend.

Excerpt from:
Apple’s boss rejects $75m payout

Facebook Triggered $100M in Losses

Friday, May 25th, 2012

For four market makers backing IPO.

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

Facebook shareholders express anger, confusion about botched IPO

Thursday, May 24th, 2012

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

Facebook Releases Camera App

Thursday, May 24th, 2012

Includes photo editing tools and 15 filters.

See the rest here:
Facebook Releases Camera App

Facebook IPO: Questions about disclosure swirl as stock stabilizes

Wednesday, May 23rd, 2012

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

Google Honors Robert Moog

Wednesday, May 23rd, 2012

Animated Doodle features synthesizer.

See original here:
Google Honors Robert Moog

Chrome Is Most-Used Browser

Tuesday, May 22nd, 2012

Beats Internet Explorer for first time.

Read the original:
Chrome Is Most-Used Browser

Facebook shares drop 11 percent

Monday, May 21st, 2012

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

Apple, Samsung Fight Over Patents

Monday, May 21st, 2012

Court orders mediation for two tech giants.

Read this article:
Apple, Samsung Fight Over Patents

YouTube uploads 72 hours of video a minute

Monday, May 21st, 2012

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

DealBook: Nasdaq Chief Says Glitches Weren’t at Fault for Facebook Stock Plunge

Sunday, May 20th, 2012

The main issue, according to the chief executive of the Nasdaq OMX Group, was a number of order cancellations that flowed in during the final stages of the initial public offering process.

Read this article:
DealBook: Nasdaq Chief Says Glitches Weren’t at Fault for Facebook Stock Plunge

Glitches mar Facebook stock debut

Saturday, May 19th, 2012

Technical glitches and chaotic trading marred the stock debut of Facebook on Friday, disappointing investors and company officials who had planned for a festive first day on the market, people familiar with the matter said. Read full article > >

Read more here:
Glitches mar Facebook stock debut

Facebook IPO: Five things to know

Friday, May 18th, 2012

Facebook is set to begin trading today on the Nasdaq index. The social network company is ringing the opening bell remotely from its headquarters in Menlo Park, Calif. Priced at $38 per share, the initial public offering is $104 billion, the third-largest in U.S. history. Here are five things to know about Facebook’s IPO: Read full article > >

See the original post here:
Facebook IPO: Five things to know

VIDEO: ‘Is Facebook worth $100 billion?’

Friday, May 18th, 2012

As Facebook floats itself on the stock exchange, technology experts attending the Future Everything conference in Manchester give their views on the company’s worth.

Continue reading here:
VIDEO: ‘Is Facebook worth $100 billion?’