Watch: TechBytes 5.17.12
Google introduces their new "knowledge graph" search function.
  Morgan Stanley defends Facebook IPO procedures
(Reuters) - Morgan Stanley said its procedures for the Facebook Inc's initial public offering were "in compliance with all applicable regulations." "Morgan Stanley followed the same procedures for the Facebook offering that it follows for all IPOs," spokesman Pen Pendleton said in a statement. "These procedures are in compliance with all applicable regulations. ... Google's Moog Doodle: The Inside Story
Why do Google Doodlers build the things they do? They're fans, that's why. When Google's Chief Doodler Ryan Germick and Google Engineer Joey Hurst decided they wanted to build the Google Moog Synthesizer Doodle, it was to "Pay tribute to someone who was like a patron saint of the nerdy arts," said Germick. Regulators probe bank's role in Facebook IPO
 Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.
SAP to buy Ariba, boosts cloud bet
 SAN FRANCISCO (Reuters) - Top European software company SAP AG plans to buy Ariba Inc in a deal valuing the business and commerce network company at $4.3 billion, its latest maneuver against Oracle in the fast-growing Internet-based computing market. SAP is taking aim at Oracle, the world's No. 2 maker of business management software, as they vie with Salesforce.com Inc in the multibillion dollar cloud-computing services market, one of the industry's hottest area of growth. Shares in Ariba, which were halted briefly, leapt 20 percent to SAP's offer price of about $45 per share. ...
Why Facebook still doesn't look cheap
 If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days.
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