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Low U.S. employment growth and the tech sector slows

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.
Posted In: recession, Unemployment, Facebook, IPO

Small talk: Facebook predictions, traffic down, paying loans in cash

May 25, 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.
Posted In: Facebook, Traffic, student loan

Facebook investors seek compensation

May 25, 2012
A week on, Facebook is grappling with small investors who want compensation for losses due to Nasdaq’s technical snags.
Posted In: Facebook, IPO

Will Facebook switch from NASDAQ to NYSE?

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.
Posted In: Facebook, IPO, NYSE, NASDAQ

Shareholders sue Facebook and banks over IPO

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.
Posted In: Facebook, IPO

Lawsuit claims Facebook hid revenue forecast reduction

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.
Posted In: Facebook, IPO, lawsuit, insider trading

Facebook: Part of the insider's financial club?

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.
Posted In: Facebook, IPO, lawsuit

HP announces layoffs, Facebook to NYSE?

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.
Posted In: Hp, Facebook

Could Facebook's IPO be unveiling a new tech bubble?

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.
Posted In: Facebook, IPO, tech bubble

Checkered IPO doesn't define Facebook

May 22, 2012
Facebook, the company, doesn’t depend on Facebook, the IPO. Its stock debut is embarrassing, but it doesn’t affect Facebook’s business prospects.
Posted In: Facebook

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