Silicon Valley takes Facebook fizzle in stride
SAN FRANCISCO (Reuters) - Facebook's lackluster initial public offering performance is a black eye for many on Wall Street and could have ramifications for similar upcoming deals such as an offering by Twitter, but venture capitalists in Silicon Valley are keen to shrug off Facebook's stumble - at least for now. ...
Watch: TechBytes 5.17.12 Google introduces their new "knowledge graph" search function.
  iPhone 5: Reports of New Design And the next iPhone chatter keeps on rolling. Over the last week the Wall Street Journal, Reuters, and Bloomberg have reported that the next iPhone will have a bigger screen. As previously reported by others, the WSJ and Reuters agree that the display will measure...
  Google Graph Makes Search Smarter Google's new Knowledge Graph is a new search tool that will begin rolling out starting today, and it it's meant to help you find search results faster. When you search now for popular or well-known people, places and things you'll get a box to the left of the results explaining more about that term.
  Manage Your Facebook Page From this New App Facebook unveiled its new app on Monday that lets you manage your Facebook profile from your iPhone. Facebook shares sink 11 percent as reality overtakes hype
(Reuters) - Facebook shares sank 11 percent in the first day of trading without the full support of the company's underwriters, leaving some investors down almost 25 percent from where they were Friday and driving others to switch back to more established stocks. Facebook's debut was beset by problems, so much so that Nasdaq said on Monday it was changing its IPO procedures. That may comfort companies considering a listing, but does it little for Facebook, whose lead underwriter, Morgan Stanley, had to step in and defend the $38 offering price on the open market. ...
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