Facebook, Zuckerberg, Morgan Stanley Sued Over IPO [REPORT] Shareholders have sued Facebook and CEO Mark Zuckerberg over the company's bungled IPO, charging they hid bearish forecasts prior to going public, according to a report. Facebook looks to settle 'sponsored story' suit Facebook is close to settling a lawsuit over advertisements it calls "sponsored stories." Regulators, investors turn up heat over Facebook IPO
(Reuters) - Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. Facebook shares closed 8.9 percent lower at $31, following an 11 percent plunge on Monday. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ...
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 → Sycamore Networks posts deeper fiscal 3Q loss Communications equipment maker Sycamore Networks Inc. posted a deeper loss in its fiscal third quarter because research and development costs increased. Facebook and others simplify Android game distribution It seems everyone wants to make Android app installs easier than ever, and that especially goes for games. After Amazon revealed their Test Drive feature for trying Android games before you make a purchase, Facebook is offering more details on their plans for making Android game installs as convenient as possible. Already redirecting a user to the Google Play marketplace link when accessing a game through their mobile App Center, Facebook will also add a “Send to Mobile” button on the browser version. ...
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