SAP wants to add Ariba CEO to management board FRANKFURT (Reuters) - SAP said on Tuesday it wanted to add Ariba's Chief Executive Bob Calderoni to the German business software maker's global managing board after closing the $4.3 billion deal. The company expects to close the acquisition in the third quarter and the transaction is expected to be accretive to SAP's earnings per share in 2013. (Reporting by Harro ten Wolde) Facebook settles lawsuit over "Sponsored Stories" SAN FRANCISCO (Reuters) - Facebook Inc has agreed to settle a lawsuit that alleged the site's "Sponsored Stories" feature publicized users' "likes" without compensation or the ability to opt out, according to a court document filed on Tuesday. The proposed class action lawsuit, filed in a San Jose, California federal court, could have included nearly one of every three Americans, with billions of dollars in damages, court documents say. The terms of the settlement are not spelled out in court filings. ... Summary Box: Google takes control at Motorola DONE DEAL: Google has completed its $12.5 billion acquisition of device maker Motorola Mobility nine months after the deal was announced. The companies had to wait until regulators were satisfied Google Inc. wouldn't be able use Motorola Mobility Holdings Inc. to stifle competition in the smartphone market. Lyrid Meteor Shower of 2012 The Lyrid meteor shower peaks Saturday night and Sunday morning, April 21-22. It's a relatively small shower -- 20 shooting stars per hour -- but a new moon should mean darker skies and better seeing.
  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 Facebook's initial public offering - while an investor road show was under way - was a big shock to some, said two investors who were advised of the revised forecast. ...
ICANN resumes bids for new Internet suffixes The organization overseeing a major expansion of Internet addresses has reopened its system for letting companies and organizations submit proposals.
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