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Updated: 17 min 33 sec ago

Facebook stock finishes flat in debut

5 hours 28 min ago

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.


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Ultra-Orthodox plan huge NYC meeting on Net risks

8 hours 37 min ago

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

8 hours 40 min ago

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

Fri, 05/18/2012 - 23:58
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

Fri, 05/18/2012 - 23:38

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

Fri, 05/18/2012 - 23:17

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?

Fri, 05/18/2012 - 23:01

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

Fri, 05/18/2012 - 22:59

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

Fri, 05/18/2012 - 22:40
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

Fri, 05/18/2012 - 22:24

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

Fri, 05/18/2012 - 22:23

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

Fri, 05/18/2012 - 22:21

It's Facebook's big day.


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Intelsat Global files for $1.75 billion IPO

Fri, 05/18/2012 - 22:19
(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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A 112-megapixel consumer camera concept needs your social love

Fri, 05/18/2012 - 22:19
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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Netflix Successful at Luring One-Time Customers

Fri, 05/18/2012 - 22:17
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

Fri, 05/18/2012 - 22:11

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

Fri, 05/18/2012 - 22:10

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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What the Friday: Watch this man open a bottle of beer… with a chainsaw

Fri, 05/18/2012 - 22:06
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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Nasdaq glitch confuses investors of Facebook IPO

Fri, 05/18/2012 - 22:06
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

Fri, 05/18/2012 - 22:03

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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