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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.
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 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.
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 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.
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.
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 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.
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.
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 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 late Sunday reversed a block on Twitter in the country over material it considered anti-Islam, the country's interior minister said.
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.
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.
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.
The growing complexity and prevalence of security threats, enabled by consumer IT and mobility, sets the stage for ever more sophisticated attacks. Security must be proactively front and center in ...
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