Oscar de la Renta Sells Runway Look Exclusively Through The Fancy [More from Mashable: Ecommerce in China: How the World’s Biggest Market Buys Online] Insight: Morgan Stanley cut Facebook estimates just before IPO
(Reuters) - In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company. The sudden caution very close to the huge initial public offering, and while an investor roadshow was underway, was a big shock to some, said two investors who were advised of the revised forecast. ...
Microsoft sees 'rebirth' with new Windows 8 system
Microsoft's upcoming Windows 8 series -- featuring an upgraded cloud computing service -- marks a "rebirth" of its operating systems, chief executive Steve Ballmer said on Tuesday.
Gadgets: iPad as Etch A Sketch ABC News' gadget roundup this week features the nostalgically fun Etch A Sketch case for the iPad, a USB battery fuel cell charger for smartphones, and HP's newest Spectre XT ultrabook. Click through for more exciting gadget picks this week.
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After years of mortifying missteps, Yahoo Inc. finally has something to boast about: a multibillion-dollar windfall from a savvy investment in China.
Where are Facebook's friends? Stock down after IPO
Facebook was supposed to soar. Instead, it plunged.
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