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  • Wall Street Beat: After Facebook fiasco, don't write off tech IPOs

    By Marc Ferranti | 25 May, 2012 22:22

    The Facebook IPO may have been a fiasco, but don't put the nail in the coffin just yet for other tech offerings this year.

  • Refund for some Facebook investors

    By AAP | 25 May, 2012 09:43

    Morgan Stanley, the lead investment bank in Facebook's troubled initial public offering, will compensate retail investors who overpaid when they bought Facebook's stock in Friday's IPO, according to a source familiar with the matter.

  • Facebook beefs up mobile photo sharing with Camera

    By Cameron Scott | 24 May, 2012 18:56

    Facebook introduced its own mobile photo app, Camera, on Thursday, bringing richer photo-sharing features to the platform even before the company closes its deal to acquire the popular photo-sharing app Instagram.

  • Facebook used as terrorist tool: Expert

    By AAP | 24 May, 2012 09:43

    Terrorist groups are using Facebook to recruit loners from Western countries like Australia to their cause and authorities are struggling to stop it, a leading counter-terrorism expert says.

  • Facebook to settle class-action suit over Sponsored Stories

    By Cameron Scott | 23 May, 2012 10:47

    Facebook is to settle a class-action lawsuit in California that accused it of appropriating its users' likenesses for its Sponsored Stories advertising feature, according to a court document filed Tuesday.

  • Facebook stock slumps for third day

    By Sharon Gaudin | 23 May, 2012 05:55

    In its third day of trading, Facebook's stock is still in a slump, taking the shine off the frenzy that led up to the company's initial public offering (IPO) last week.

  • Facebook vs Google: By the numbers

    By Ershad K. | 22 May, 2012 23:32

    With the world's largest social networking website, Facebook, going public it is quite obvious that comparisons with Google will crop up. We have collated some figures and here is a list of numbers comparing the two giants.

  • Facebook shares sink below IPO price

    By AAP | 22 May, 2012 09:01

    Facebook shares plunged nearly 11 per cent on Monday during the stock's first full day of trade as the enthusiasm from a massive public offering for the social network giant turned to scepticism.

  • Nasdaq's Facebook glitch came from race conditions

    By Joab Jackson | 22 May, 2012 05:18

    The Nasdaq computer system that delayed trade notices of the Facebook IPO on Friday was plagued by race conditions, the stock exchange announced Monday. As a result of this technical glitch in its Nasdaq OMX system, the market expects to pay out US$13 million or even more to traders.

  • Cross-browser worm spreads via Facebook, security experts warn

    By Lucian Constantin | 22 May, 2012 02:34

    Malware writers have used Crossrider, a cross-browser extension development framework, to build a click-fraud worm that spreads on Facebook, security researchers from antivirus firm Kaspersky Lab said on Monday.

  • Facebook vs. Google: Who will win?

    By Christina DesMarais | 20 May, 2012 11:59

    Facebook is now officially a public company, scads of new millionaires are on a Silicon Valley spending spree, and media outlets near and far have yet to pipe down about the IPO, likely one of the most anticipated in history.

  • Pakistan's block on Twitter over blasphemous content reversed

    By John Ribeiro | 21 May, 2012 13:50

    Pakistan late Sunday reversed a block on Twitter in the country over material it considered anti-Islam, the country's interior minister said.

  • Reports: Nasdaq admits technical bugs affected Facebook IPO trading

    By Juan Carlos Perez | 21 May, 2012 09:07

    Technical problems at the Nasdaq exchange affected the trading of Facebook shares on Friday, the much-anticipated day of its IPO (initial public offering), Robert Greifeld, chief executive of Nasdaq OMX Group Inc., told reporters on Sunday, according to published reports.

  • Facebook buys mobile e-commerce app Karma

    By Cameron Scott | 19 May, 2012 09:43

    The mobile gift-giving app Karma has announced it has been acquired by Facebook. The announcement came shortly after the markets closed on Facebook's first day as a publicly traded company.

  • 15 fun Facebook facts and stats on IPO day

    By Kristin Burnham | 19 May, 2012 06:52

    After months of speculation, one of the most hyped and anticipated IPOs comes to fruition: Today, Facebook went public and started trading on the Nasdaq stock exchange. The company, which is valued at $104 billion, had humble beginnings in a Harvard dorm but has grown into the world's largest social network.

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