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. ...
Watch: Control Your Computer With the Wave of a Hand
Leap Motion is a new accessory that can track subtle finger movements.
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Unleash your hidden DJ potential with the Turntable.fm Android app
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Slide Is an iPhone Game You Already Know How to Play
There are tons of iPhone games out there with complicated rules, levels, and moves to learn. One game, called Slide, is making learning how to play much easier by having you do something you already know how to do: unlock your phone.
Chrome passes Internet Explorer to become world’s most popular browser
Google’s Chrome Web browser has continued to gain market share since its introduction in 2008. Despite surpassing Internet Explorer in select regions and on weekends, Google’s browser has never been able to dethrone Microsoft in global usage share. According to new numbers from StatCounter, however, Google’s browser has finally averaged higher traffic than Internet Explorer for the first time over a full seven-day stretch. From May 14th through May 20th, the Internet giant’s Web browser garnered a 32.76% share, ahead of Microsoft’s 31.94% and Mozilla Firefox’s 25.47% share. At the start of this week, however, Chrome’s share began to slide, falling to 31.88%, just ahead of Internet Explorer’s 31.47% share. Read
