Analysis: Did banks cross the line in Facebook research calls? NEW YORK (Reuters) - As regulators scrutinize Facebook's problem-plagued stock market debut, they may have to confront areas of securities law that do not always clearly spell out what industry analysts are allowed to tell clients about companies on the verge of going public. Facebook and the Wall Street banks that underwrote its $16 billion initial public offering are facing questions about how and why stock analysts decided to cut their financial forecasts on the company ahead of the IPO. ... 80% of mobile banking apps may have security flaws
Neal O’Farrell, executive director of the nonprofit Identity Theft Council, spoke about the seriousness of mobile security as part of San Francisco Small Business Week, Cult Of Mac reported. “There were more data breaches than U.S. residents last year and more cases of identity theft than just about all other crimes combined,” O’Farrell said, adding that unless users are encrypting their devices, they are essentially asking for trouble. “You’ve got to wake up [and] protect yourself, even if you use a Mac,” he said, citing the massive Flashback virus that affected more than 600,000 Mac computers. O’Farrell went on to warn that, “Eight out of ten mobile banking apps have security flaws, but Apple and the banks don’t want you
Website address 'revolution' back in motion
The Internet domain name "revolution" was back in action Tuesday with the agency in charge of website addresses once again taking applications for online neighborhoods breaking the ".com" mold.
Take-Two 4Q loss triples but sales beat forecast Take-Two Interactive Software Inc. said Tuesday that its fourth-quarter net loss more than tripled as revenue fell and the video game maker failed to repeat the success of "Red Dead Redemption" from a year ago. The Flaming Lips to Livestream Epic 24-Hour Trip In a nearly 30 year career, the Flaming Lips have never adhered to conventional wisdom. In a truly epic performance this summer, the band will continue pushing boundaries and searching for what singer Wayne Coyne refers to as "absurd." Watch: TechBytes: Facebook, Pinterest Facebook is set to launch its initial public offering.
 
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