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. ...
ION Air Pro Takes on the Action-Camera Competition The mobile action cam market isn’t new; just look at companies such as GoPro and Contour HD. But Giovanni Tomaselli thinks it’s just about time for a new player. Founder and CEO of ION, Tomaselli is launching a new camera today: the ION Air Pro...
  New York City airports install new, expensive holograms to help you find your way The next time you're looking for help at Newark Liberty, JFK, or LaGuardia airport, the answer to your question might come from a friendly, beautiful woman. Just don't expect that woman to be an actual, live human. As part of … Continue reading → Water World: New 'Super-Earth' Found Scientists report they have found an exoplanet -- a world orbiting a distant star, 22 light-years away -- that they call the best candidate yet to be the right temperature for liquid water and, perhaps, life. It is labeled GJ 667Cc, and it is located in the constellation Scorpio.
  Watch: TechBytes 5.17.12 Google introduces their new "knowledge graph" search function.
  Watch: TechBytes: Facebook, Pinterest Facebook is set to launch its initial public offering.
 
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