Wednesday, February 1, 2012

Status update: Facebook to go public, raise $5B (AP)

Status update: Facebook to go public, raise $5B (AP)


Status update: Facebook to go public, raise $5B (AP)

Posted: 01 Feb 2012 08:14 PM PST

FILE - This Dec. 13, 2011 file photo shows a sign at Facebook headquarters  in Menlo Park, Calif. Facebook, the social network that changed 'friend' from a noun to a verb, is expected to file as early as Wednesday, Feb. 1, 2012, to sell stock on the open market. Its debut is likely to be the most talked-about initial public offering since Google in 2004. (AP Photo/Paul Sakuma, file)AP - Facebook made a much-anticipated status update Wednesday: The Internet social network is going public in a stock offering that could value it at as much as $100 billion, eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University.


Facebook's new stock ticker: Why not LIKE or POKE? (AP)

Posted: 01 Feb 2012 09:29 PM PST

FILE - This Dec. 13, 2011 file photo shows a sign at Facebook headquarters  in Menlo Park, Calif. Facebook, the social network that changed 'friend' from a noun to a verb, is expected to file as early as Wednesday, Feb. 1, 2012, to sell stock on the open market. Its debut is likely to be the most talked-about initial public offering since Google in 2004. (AP Photo/Paul Sakuma, file)AP - FB? That's the best they could do?


Microsoft slams Google user data policy in new ads (AP)

Posted: 01 Feb 2012 05:11 PM PST

AP - Microsoft Corp. slammed search rival Google Inc. with full-page newspaper ads Wednesday, saying that recent changes at Google that allow it to internally merge the data it collects on user activity across services such as YouTube and Gmail are meant to allow advertisers to better target customers.

The 9 most surprising facts about the Facebook IPO (Yahoo! News)

Posted: 01 Feb 2012 04:35 PM PST

Yahoo! News - It's official: Facebook, the world's most famous internet company, is about to go public. In a move expected to net the social networking giant a cool $5 billion, Facebook shares will be available for purchase this May under the ticker symbol FB. …

Fold-up ‘house’ fits in your pocket, sets up instantly (Yahoo! News)

Posted: 01 Feb 2012 04:26 PM PST

Yahoo! News - If Barcelona-based designer Martin Azua's design catches on, the camping tents of the future could fit in your pocket. His "Basic House" concept is a single-person pop-up shelter made from a metalized polyester fabric that sets itself up, but contains no …

NASA Launches Facebook Game to Test Space Program Knowledge (Mashable)

Posted: 31 Jan 2012 03:45 PM PST

Mashable - How much do you know about the NASA space program, Earthling?

All-time top 10 IPOs for Internet companies (AP)

Posted: 01 Feb 2012 09:08 PM PST

This Dec. 13, 2011 file photo, shows workers inside Facebook headquarters in Menlo Park, Calif.Facebook, the social network that changed 'friend' from a noun to a verb, is expected to file as early as Wednesday to sell stock on the open market. Its debut is likely to be the most talked-about initial public offering since Google in 2004. (AP Photo/Paul Sakuma, file)AP - Facebook is hoping to raise $5 billion in an initial public offering of stock. It would be the largest IPO ever for an Internet company. Here are the top 10 so far, according to Renaissance Capital, an IPO investment adviser:


Summary Box: Facebook to go public, raise $5B (AP)

Posted: 01 Feb 2012 09:06 PM PST

FILE - This Dec. 13, 2011 file photo shows a sign at Facebook headquarters  in Menlo Park, Calif. Facebook, the social network that changed 'friend' from a noun to a verb, is expected to file as early as Wednesday, Feb. 1, 2012, to sell stock on the open market. Its debut is likely to be the most talked-about initial public offering since Google in 2004. (AP Photo/Paul Sakuma, file)AP - GOING PUBLIC: Facebook files paperwork for its much-anticipated initial public offering of stock. It hopes to raise $5 billion, the most ever for an Internet IPO.


Angelic "Steve Jobs" loves Android in Taiwain TV ad (Reuters)

Posted: 01 Feb 2012 07:36 PM PST

Reuters - He may have derided Android devices in real life but in the afterlife Apple Inc founder Steve Jobs is glad he can use one -- or at least that's the story a Jobs look-alike tells in a recent TV commercial for a Taiwanese electronics company's new product.

Televisa says Mexico rejects Iusacell purchase (AP)

Posted: 01 Feb 2012 05:58 PM PST

AP - The world's largest Spanish-language media company said Wednesday that its planned move into Mexico's mobile-phone market has been rejected by the country's anti-monopoly regulator.

Zuckerberg describes 'The Hacker Way' at Facebook (AP)

Posted: 01 Feb 2012 09:22 PM PST

FILE - In this Nov. 16, 2010 file photo, Facebook CEO Mark Zuckerberg smiles as he speaks at the Web 2.0 Summit in San Francisco. Facebook, the social network that changed 'friend' from a noun to a verb, is expected to file as early as Wednesday to sell stock on the open market. Its debut is likely to be the most talked-about initial public offering since Google in 2004. (AP Photo/Paul Sakuma, File)AP - In Facebook's regulatory filing for an initial public offering of stock, CEO Mark Zuckerberg included a letter to potential investors about the company's thinking. He described it as a social mission to make the world more open and connected. He also discussed Facebook's approach to culture and management in Wednesday's letter:


Just Show Me: How to use the notification system in Android 4.0 (Yahoo! News)

Posted: 01 Feb 2012 02:55 PM PST

Yahoo! News - Welcome to Just Show Me on Tecca TV, where we show you tips and tricks for getting the most out of the gadgets in your life. In today's episode we'll show you how to use the new notification features of your Android 4.0 phone. …

Find your next pad with the Apartments.com Android app (Appolicious)

Posted: 01 Feb 2012 03:15 PM PST

Appolicious - One of my favorite benefits to having an Android phone is the ability to use apps that pull up suggestions based on your location. Real estate apps offer one of the best uses of this function. I am the type of person who likes to get a feel for the neighborhood first. I do not care if it is a fabulous apartment and the rent is to die for, if I can't get coffee within a block or two. No coffee shop? Forget about it.

Mexico watchdog: no official word on Televisa deal (Reuters)

Posted: 01 Feb 2012 02:00 PM PST

Reuters - Mexico's competition watchdog said on Wednesday it was still in the process of notifying the companies of its decision on broadcaster Televisa's proposed purchase of half of cell phone company Iusacell.

Qualcomm handily beats Street, shares rise (Reuters)

Posted: 01 Feb 2012 05:44 PM PST

Reuters - Qualcomm Inc's quarterly profit easily beat Wall Street forecasts and the wireless chip leader raised its full-year financial targets due to growing demand for smartphones such as Apple Inc's popular iPhone.

AVG Technologies prices at $16/share: source (Reuters)

Posted: 01 Feb 2012 04:32 PM PST

Reuters - Anti-virus software maker AVG Technologies NV priced its initial public offering at $16 per share, at the low end of the expected range, according to a market source.

IBM planning major job cuts in Germany: union (Reuters)

Posted: 01 Feb 2012 01:13 PM PST

Reuters - International Business Machines is sounding out plans to cut thousands of jobs in Germany and other countries to reduce costs and raise earnings, a German union official said.

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