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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

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

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

Facebook and your mobile life

May 21, 2012
How a newly public Facebook could change your mobile experience.
Posted In: Facebook

Why Facebook's IPO was slightly delayed

May 21, 2012
Facebook's first investors didn't lose their shirts. The company's stock is trading right where it started on Friday: 38 bucks a share. But the initial public offering didn't go exactly as planned. The start was delayed; computer systems locked up; and NASDAQ executives are promising to fix the problems.
Posted In: technology, Facebook, IPO

Facebook stock price falls on day two of trading

May 21, 2012
The brand new stock in Facebook is down 11 percent right now to $33.11. If day one of trading was seen as a disappointment, day two is so far not winning many new friends at the social networking company.
Posted In: Facebook, IPO

Collateral damage mounts after Facebook IPO

May 21, 2012
Lots of companies were counting on the social network to boost their fortunes when it went public. Just the opposite happened.
Posted In: Facebook, IPO

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