(Reuters) - Facebook Inc's bungled initial public offering has gone from one of the most highly anticipated stock offerings to a hot legal opportunity for lawyers on both sides of shareholder litigation. Court battles over the fizzled IPO could run for years, as the social networking company, the banks that took it public and the Nasdaq OMX Group Inc face claims that they short-changed investors. Besides fighting off claims by Facebook shareholders, the defendants will also need lawyers to respond to inquiries from government investigators looking into how the IPO was handled. ... read more..
Monday, 28 May 2012
Highly Anticipated Stock Offerings-Initial Public Offering-Legal Opportunity-Nasdaq Omx Group
Wednesday, 23 May 2012
Justice Department-Morgan Stanley-Inner Workings-Negative News-Underwriter
(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 the huge initial public offering, and while an investor roadshow was underway, was a big shock to some, said two investors who were advised of the revised forecast. ... read more..
Hackers gained access to US Justice Department website
One or more unauthorized users gained access to the inner workings of a website run by the U.S. Justice Department, a department spokeswoman said on Monday after the hacker group Anonymous said they were behind the incident. read more..
Wednesday, 25 April 2012
Initial Public Offering-Social Networking-Facebook Founder-Mark Zuckerberg-Facebook Ipo
Due to a string of acquisitions and other business distractions, Facebook’s multi-billion dollar initial public offering that was rumored to be set for May 17th may be delayed until early or mid-June, according to CNBC. Facebook founder and CEO Mark Zuckerberg has not been preparing for the IPO, but instead has been more focused on running the business and making acquisitions. As a result, the social networking giant’s IPO date will reportedly be pushed back so the company has time to make the appropriate preparations. Facebook filed with the SEC in February, and could raise as much as $10 billion at a $100 billion valuation when it goes public in the coming months. Facebook’s IPO is expected to top Google’s $1.9 read more..
Saturday, 4 February 2012
Private Financial-Private Business-Social Network-Pumpkin Seeds-Shareholders
While you probably won't receive so much as a virtual sack of FarmVille pumpkin seeds from Facebook's long-awaited IPO — set to grant Facebook's shareholders millions and billions — there is one thing you'll get out of the deal: a chance to ogle the social network's private business, sort of like it's been doing to you for years. read more..
Facebook ads are going mobile
Yesterday Facebook began the IPO process and made some of its very private financial details very public. The S-1 form is a pundit’s dream: it lays out a company’s every penny spent and earned as well as the pitfalls it believes it’s subject to. Facebook is no exception, and the company laid it all on the table for us yesterday. read more..
Friday, 3 February 2012
Internet Companies-Animated Antics-Endless Stories-Social Network-Facebook Ipo
Is the social network worth $100 billion? You could read the endless stories on every angle of this infamous IPO and figure it out for yourself — or you can watch the latest in Facebook's animated antics in this new offering from Taiwan's New Media Animation. read more..
Facebook filing lifts Zynga, other recent IPOs
Facebook's long-awaited IPO filing lifted the stocks of many Internet companies, including recent laggards Zynga and Groupon. But analysts said the halo effect may fade, because some companies basking in Facebook's glow just aren't as financially sound as the world's largest social network. read more..
Saturday, 17 December 2011
National Suicide Prevention Lifeline-York Times Bestselling Author-Kindle Fire Software
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Gaming giant Zynga began trading publicly on the NASDAQ exchange today, just 2 1/2 years after it burst onto the scene with 'FarmVille' and six months after it first filed for its IPO. |
Gaming giant Zynga began trading publicly on the NASDAQ exchange today, just 2 1/2 years after it burst onto the scene with "FarmVille" and six months after it first filed for its IPO. read more..
Top tech headlines: Facebook Timeline launched worldwide, Samsung Galaxy Nexus reviews
Hot topics in the tech blogs for the week ending December 16 include the worldwide rollout of Facebook Timeline, the launch of Samsung’s Galaxy Nexus in the US, Kindle Fire software updates and sales figures, Microsoft reveals Windows SkyDrive for iPhone, and Apple’s Mac App Store reaches 100 million downloads. read more..
Is Google+ Really a Social Media Game Changer?
Google+ may be less than a year old, but New York Times bestselling author Chris Brogan is ready to crown it a Game Changer. His latest book, which will publish next week, is called Google+ for Business: How Google's Social Network Changes Everything. read more..
Facebook Empowers Friends to Prevent Suicide
When Anne Collier and I wrote our long out-of-print book, MySpace Unraveled, we pointed out that MySpace was the largest referrer to the National Suicide Prevention Lifeline. We noted that kids were alive because of the way friends had reached out to save their friends. Facebook, of course, took MySpace's place in [...] read more..