Nasdaq seen struggling with aftermath of Facebook IPO
NEW YORK (Reuters) - Nasdaq OMX faces short-term costs from its botched handling of Facebook shares on their first day of trading but the longer term repercussions could be more expensive as it struggles to restore its image. Initially, the exchange said it plans to set aside $13 million to resolve bad trades, and even if all of that was used, the cost would be minimal compared with the $387 million in net income it reported last year. The bigger hit to Nasdaq's business is likely to come from the damage done to its reputation by the stumble. ...
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  NASA Time-Lapse of Sea Currents Click on the video below and prepare to be mesmerized. It’s called “Perpetual Ocean,” and it was put together by NASA’s Scientific Visualization Studio at the Goddard Space Flight Center in Maryland. It was actually done about a year ago, compiling data from several satellites...
  Court won't reduce student's music download fine
A former Boston University student who was ordered to pay $675,000 for illegally downloading and sharing 30 songs on the Internet says he will continue fighting the penalty, despite the Supreme Court's refusal Monday to hear his appeal.
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