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Posts tagged “Facebook”

June 4, 2012

Premium Lock Like us? Follow WRAL Tech Wire at Facebook

From its launch 10 years ago, Local Tech Wire as it was known then has offered a daily e-mail blast. Adding a news feed on Twitter brought on more readers. With Facebook, readers have a new channel to follow our news.

WRAL Tech Wire at Facebook WRAL Tech Wire at Facebook

May 29, 2012

Premium Lock Report: Facebook might buy web broswer firm Opera

Opera The Opera browser is utilized by 150 million users a month around the world. An acquisition of a company such as Opera could help Facebook create its own phone or help it improve its services on mobile phones, computers and televisions, an anlyst in the U.K. says.

Updated May 28, 2012

Premium Lock Facebook IPO fiasco likely to increase mistrust of Wall Street

"This is clearly the latest in a long string of events that is eviscerating the confidence investors have in the market," says Andrew Stoltmann, a Chicago attorney who represents retail investors. "The perception is Wall Street jiggered this IPO so the underwriters made money, Facebook executives made money and the small investor got left holding the bag."

Ringing the bell for Facebook Ringing the bell for Facebook

Tags: Facebook
May 28, 2012

Premium Lock Like us? Follow WRAL Tech Wire at Facebook

From its launch 10 years ago, Local Tech Wire as it was known then has offered a daily e-mail blast. Adding a news feed on Twitter brought on more readers. With Facebook, readers have a new channel to follow our news.

WRAL Tech Wire at Facebook WRAL Tech Wire at Facebook

Updated May 25, 2012

Premium Lock Facebook's camera app for iPhones draws mixed reviews

The new app is similar to Instagram, the photo-sharing app Facebook is in the process of buying for $1 billion. The acquisition, however, has not yet been completed, and Instagram's employees did not work on the photo app.

A sample from Facebook's iPhone app A sample from Facebook's iPhone app

May 23, 2012

Premium Lock Morgan Stanley faces more scrutiny over Facebook IPO

Facebook Morgan Stanley, already taking heat for helping price the IPO, received more scrutiny Tuesday. The company may face regulatory review over claims an analyst shared negative news about Facebook with institutional investors before the IPO, said Richard Ketchum, chairman and CEO of the Financial Industry Regulatory Authority, the industry watchdog.

Tags: Facebook
May 22, 2012

Premium Lock Facebook IPO muff: 'The gang that couldn't shoot straight'

After one of the most anticipated initial public offerings in history, Facebook's 11 percent drop yesterday prompted investors to fault everything from Morgan Stanley's role as lead underwriter, to the company's greed and the Nasdaq Stock Market.

Ringing the bell for Facebook Ringing the bell for Facebook

Tags: Facebook
May 21, 2012

Premium Lock ChannelAdvisor CEO likes Facebook play despite lack of IPO 'pop'

Facebook's massive IPO fizzled Friday with virtuall no "pop" in its opening sales price of $38. But Scot Wingo, CEO at ChannelAdvisor and an investor, says he made a Facebook play for the long term.

Scot Wingo Scot Wingo

Updated May 21, 2012

Premium Lock Nasdaq's Facebook fumble: 'This was not our finest hour'

Nasdaq Computer systems used to establish the Facebook opening price were overwhelmed by order cancellations and updates as the "biggest IPO cross in the history of mankind" was occurring, Nasdaq Chief Executive Officer Robert Greifeld says.

May 21, 2012

Premium Lock Like us? Follow WRAL Tech Wire at Facebook

From its launch 10 years ago, Local Tech Wire as it was known then has offered a daily e-mail blast. Adding a news feed on Twitter brought on more readers. With Facebook, readers have a new channel to follow our news.

WRAL Tech Wire at Facebook WRAL Tech Wire at Facebook

Updated May 20, 2012

Premium Lock Facebook's CEO has new status: 'Married'

The Zuckerbergs Facebook founder and CEO Mark Zuckerberg updated his status to "married" on Saturday. Zuckerberg and 27-year-old Priscilla Chan tied the knot at a small ceremony at his Palo Alto, Calif., home, capping a busy week for the couple.

Tags: Facebook
May 19, 2012

Premium Lock Nasdaq exchange takes a black eye in muffed Facebook IPO

SEC says it will review what happened at Nasdaq after Facebook's stock offering gets off to a delayed and troubled start.

Nasdaq Nasdaq

Updated May 19, 2012

Premium Lock Like Facebook's Zuckerberg, more tech founders keeping company control

At least 10 of last year's technology initial public offerings included a special class of shares that give the founders more votes than new shareholders, according to data compiled by Bloomberg.

Mark Zuckerberg on Time's cover Mark Zuckerberg on Time's cover

Updated May 18, 2012

Premium Lock ChannelAdvisor's Wingo likes Facebook, will 'jump in' IPO

Why buy shares? "Facebook has 900 million users - half of them use the service every day," says investor and entrepreneur Scot Wingo, whose business follows Facebook closely. "Never in the history of any online product has there been such adoption. When you think of how fast that has happened, relative to other ubiquitous technologies (cars, electricity, tv, computer, phone), they've reached this level in a crazy short time relatively."

Facebook data from its IPO filing Facebook data from its IPO filing

May 16, 2012

Premium Lock Dropping citizenship to save Facebook co-founder $67M in taxes

Facebook Facebook co-founder Eduardo Saverin will save at least $67 million in federal income taxes by dropping U.S. citizenship. Those savings will keep growing if Facebook's shares increase after its IPO.

Tags: Facebook
May 16, 2012

Premium Lock Facebook investors 'cashing out' more shares in IPO frenzy

Facebook "Everybody is cashing out," a hedge-fund manager says. "It's normal for private equities and venture capitals to cash out, but the obvious question is whether they are stretching it too far."

Tags: Facebook
Updated May 16, 2012

Premium Lock Facebook frenzy increases; 25% more shares being offered

Facebook On Tuesday, Facebook upped the price range for its IPO to as much as $38 a share. On Wednesday, the social media giant increased the offering to more than 421 million shares.

Tags: Facebook
May 15, 2012

Premium Lock A Facebook co-founder renounces U.S. citizenship to save on taxes

Facebook Facebook co-founder Eduardo Saverin has renounced his U.S. citizenship, a move expected to save him hundreds of millions of dollars in taxes stemming from the company's impending initial public offering.

Tags: Facebook
Updated May 15, 2012

Premium Lock Lots to like: Facebook ups its stock offering price

Facebook In a regulatory filing Tuesday, Facebook upped the price range for its initial stock offering to between $34 and $38 from the original target of $28 to $34. Facebook could raise as much as $12.8 billion.

Updated May 14, 2012

Premium Lock Buffett, Munger won't buy Facebook

Facebook Facebook kicks off its highly anticipated IPO road show Monday, but two high-profile investors won't be taking the pitch.

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