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A week of economic woes and Facebook fizzle
Scott Tong May 25, 2012
In the last week, we've heard of a possible Greek exit from the euro, a U.S. debt ceiling showdown, HP layoffs, and a Facebook stock lawsuit. How does this news affect our psyche and what stories should we focus on amid all the turmoil?
Low U.S. employment growth and the tech sector slows
David Brancaccio May 25, 2012
Some point to the Facebook stock flop as sign of a slowing tech sector. Meanwhile, employment growth for unskilled workers in the U.S. remains stalled.
Small talk: Facebook predictions, traffic down, paying loans in cash
Brendan Newnam Jul 2, 2012
The news that didn't quite make the headlines. This week: Facebook can predict the stock market, U.S. traffic is down (but not on L.A.'s 405 freeway), and paying off loans with cash.
Facebook investors seek compensation
Stacey Vanek Smith May 25, 2012
A week on, Facebook is grappling with small investors who want compensation for losses due to Nasdaq’s technical snags.
Will Facebook switch from NASDAQ to NYSE?
Scott Tong May 24, 2012
After technical snafus on the NASDAQ market interfered with the launch of Facebook stock, there are reports the New York Stock Exhange reached out to Facebook to pick up their business.
HP announces layoffs, Facebook to NYSE?
Kai Ryssdal May 23, 2012
A few tech stories we've been following: Hewlett-Packard does announce major layoffs, and there are reports Facebook is thinking of leaving the Nasdaq.
Shareholders sue Facebook and banks over IPO
Josh Brown May 23, 2012
On the fourth day of Facebook public trading, shareholders sued the company, Mark Zuckerberg, as well as several banks that underwrote the deal.
Lawsuit claims Facebook hid revenue forecast reduction
Scott Tong May 23, 2012
The shareholder lawsuit against Facebook and its banking partners argues they made a "severe and pronounced reduction" to the company's revenue projects days before the initial offering but hid it from the public.
Facebook: Part of the insider's financial club?
Heidi N. Moore May 23, 2012
What did the Morgan Stanley know about Facebook, when did it know, and who did it tell? Shareholders prepare to sue the bank and Facebook over how the public offering of stock was handled.
Could Facebook's IPO be unveiling a new tech bubble?
Scott Tong May 22, 2012
The stock tanked 11 percent yesterday, and a technology glitch marred its first day of trading Friday. Some look at the disappointing debut and wonder if something's amiss generally in the tech sector.
