Facebook falls to half of public offering price

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• Facebook falls to half of public offering price
• Apple stock hits new high after 4-month dip
• Clown had iPad stolen from Steve Jobs' home
• New DARPA soft robot concept moves, camouflages itself like an octopus
• Steam introducing “Big Picture” mode for PC gaming on TV
• Google Maps Updates Street View for New Orleans
• Clown had iPad stolen from Steve Jobs' home
• Fresh iPhone Apps for Aug. 17: Shoparoo, Horn™, Tread of the Dead
• Next-generation ASUS Transformer tablet revealed ahead of launch
• Clown had iPad stolen from Steve Jobs' home
• Judge rejects Facebook settlement over ad feature
• Google’s influence over Motorola shines through in new bootloader unlocking website
• Liberty boosts Sirius XM stake, aims for control
• Foxconn’s interest in Sharp could spell trouble for one of Japan’s oldest companies
• Apple fires closing shots at Samsung in patents battle
• In UK threat to Ecuador, experts see mistake
• Facebook shares clobbered again, down 50% from IPO
• Apple stock hits new high on gadget rumors
• Your Deleted Facebook Photos Will Now Be Gone Forever
• U.S. SEC says shuts ZeekRewards.com $600 million Ponzi scheme
• Tobacco Still Widespread In Developing Countries; New Owls
• News Summary: Clown had iPad stolen from Jobs home
• Google Maps Updates Street View for New Orleans
• AT&T just pulled a dick move with FaceTime over cellular
• Oracle, Google disclosures on paid bloggers lack sizzle
• PayPal could heat up mobile payments race if McDonald's test pays off
• 2012 conventions embrace social media openness
• Going public: Key developments in Facebook's IPO
• Facebook is Now Worth at Half its Original IPO Value
• News Summary: Facebook falls to half of IPO price
• Facebook falls to half of public offering price
• Apple stock hits new high after 4-month dip
• iPhone gambling apps: The cutting-edge way to blow all your cash
• Weekly changes in Facebook stock prices
• Prices of Facebook stock since long-awaited IPO
• Groupon stock caps off a week of lows

Facebook falls to half of public offering price Posted: 17 Aug 2012 02:20 PM PDT Facebook's stock fell to $19 for the first time on Friday, losing half its market value since the company's initial public offering in May.

Apple stock hits new high after 4-month dip Posted: 17 Aug 2012 01:57 PM PDT Apple's stock hit a new high Friday after a four-month swoon, as investors looked ahead to the release of a new iPhone and possibly a smaller iPad.

Clown had iPad stolen from Steve Jobs' home Posted: 17 Aug 2012 06:26 PM PDT Families waiting for San Francisco's cable cars on a recent morning couldn't help but notice Kenny the Clown, who wore a curly rainbow wig as he twisted brightly colored balloons into animal shapes for visitors, blasting Michael Jackson's "Smooth Criminal" from an iPad at his feet.

New DARPA soft robot concept moves, camouflages itself like an octopus Posted: 17 Aug 2012 06:40 PM PDT We've seen robots that mimic animals in order to perform life-saving acts, but an emerging trend in autonomous creations are robots that actually look organic. Case in point: This new robot being developed for the Defense Advanced Project Research Agency … Continue reading →

Steam introducing “Big Picture” mode for PC gaming on TV Posted: 17 Aug 2012 06:33 PM PDT If you're a gamer, you're probably very familiar with Steam, Valve Software's combination of online game store and community service. It was launched in 2003 by the Portal and Team Fortress 2 maker and next month it will be introducing a … Continue reading →

Google Maps Updates Street View for New Orleans Posted: 17 Aug 2012 03:09 PM PDT Google Street View first came to New Orleans in 2008, just three years after Hurricane Katrina. The original images showed areas that were unaffected by the disaster and others that remained completely devastated.

Clown had iPad stolen from Steve Jobs' home Posted: 17 Aug 2012 06:26 PM PDT Families waiting for San Francisco's cable cars on a recent morning couldn't help but notice Kenny the Clown, who wore a curly rainbow wig as he twisted brightly colored balloons into animal shapes for visitors, blasting Michael Jackson's "Smooth Criminal" from an iPad at his feet.

Fresh iPhone Apps for Aug. 17: Shoparoo, Horn™, Tread of the Dead Posted: 17 Aug 2012 04:30 AM PDT Go into the weekend earning rewards for yourself and funds for local schools with the help of shopping app Shoparoo. We've also got a pair of games for you to try on your days off. First up is Horn, a console-quality action-adventure title that plays a little like Infinity Blade. After that you can take down zombies in Tread of the Dead, a tilt-based game that has players using various weapons.

Next-generation ASUS Transformer tablet revealed ahead of launch Posted: 17 Aug 2012 08:10 PM PDT An upcoming tablet from ASUS (2357) recently passed through the Federal Communications Commission's testing facility equipped with the model number TF500T. Few details are revealed in the resulting documentation, however the model number suggests the tablet could fall between the budget-friendly Transformer Pad TF300 and the high-end Transformer Pad Infinity TF700. The Taiwanese manufacturer's upcoming tablet will be Wi-Fi only and will feature an HDMI port and a microphone. We can also safely assume that the TF500T will have the ability to transform into a laptop with the help of ASUS's keyboard dock. [Via Engadget] Read

Clown had iPad stolen from Steve Jobs' home Posted: 17 Aug 2012 06:26 PM PDT Families waiting for San Francisco's cable cars on a recent morning couldn't help but notice Kenny the Clown, who wore a curly rainbow wig as he twisted brightly colored balloons into animal shapes for visitors, blasting Michael Jackson's "Smooth Criminal" from an iPad at his feet.

Judge rejects Facebook settlement over ad feature Posted: 17 Aug 2012 06:13 PM PDT SAN FRANCISCO (Reuters) - A U.S. judge rejected Facebook Inc's proposed legal settlement to resolve allegations that the social networking company violated its members' rights through the its 'Sponsored Stories' advertising feature. In an order on Friday, U.S. District Judge Richard Seeborg in San Francisco listed several concerns with the proposed settlement, including a request for more information on why the agreement does not award any money to members. Seeborg said the company and attorneys for the plaintiffs could try to modify their agreement to address his concerns. ...

Google’s influence over Motorola shines through in new bootloader unlocking website Posted: 17 Aug 2012 06:01 PM PDT Last April, Motorola promised that it would begin unlocking future bootloaders on smartphones and tablets with carrier approval. Since then, however, little progress has been made and the company has continued to release secure devices while teasing its upcoming bootloader unlocking tool. On Friday, Motorola finally launched a new website that allows users to unlock the bootloaders of select smartphones — and while this is great news, it looks like the DROID 3, DROID 4, DROID RAZR and RAZR MAXX are not supported. One can't help but wonder if Motorola's decision to finally launch its bootloader unlocking tool is the result of Google's (GOOG) recent acquisition and its attempt to restructure the company. [Via Droid-Life] Read

Liberty boosts Sirius XM stake, aims for control Posted: 17 Aug 2012 05:34 PM PDT Liberty Media Corp. said Friday it has boosted its stake in Sirius XM Radio Inc. and intends to take control of the satellite radio broadcaster if federal authorities approve.

Foxconn’s interest in Sharp could spell trouble for one of Japan’s oldest companies Posted: 17 Aug 2012 05:12 PM PDT Foxconn (2317) is reportedly interested in doubling its planned stake in Sharp (SHCAY) from 9.9% to nearly 20%, according to a report from Japan's economic journal The Nikkei. In March, Foxconn agreed to invest more than $800 million in the troubled Japanese company, a move that would see it become Sharp's largest outside shareholder. The deal was to be finalized by March 2013, with Foxconn agreeing to pay 550 yen per share. The Taiwanese manufacturing giant is now asking Sharp to decrease the previously agreed upon price to 200 yen per share however, because its stock price has declined in recent months. While the Japanese company continues to struggle financially, allowing Foxconn to increase its stake in the company may

Apple fires closing shots at Samsung in patents battle Posted: 17 Aug 2012 04:45 PM PDT SAN JOSE, California (Reuters) - Samsung Electronics Co Ltd abused its "monopoly power" and demanded an unreasonable royalty from Apple Inc for the use of wireless patents in the iPhone, hurting the device's commercial prospects, Apple experts testified. Richard Donaldson, a former lead patents attorney for Texas Instruments Inc, told the court on Friday a 2.4 percent royalty Samsung wanted on the price of the iPhone was discriminatory because the patents in question enabled just a fraction of the smartphone' s features. ...

In UK threat to Ecuador, experts see mistake Posted: 17 Aug 2012 04:39 PM PDT It was a warning meant to remind Ecuador that Britain's patience has limits. But as the stalemate over Julian Assange settled in Friday, it appeared London's veiled threat that it could storm Ecuador's embassy and drag Assange out has backfired — drawing supporters to the mission where the WikiLeaks founder is holed up and prompting angry denunciations from Ecuador and elsewhere.

Facebook shares clobbered again, down 50% from IPO Posted: 17 Aug 2012 04:05 PM PDT Sad but true: Investing your life savings in Facebook's (FB) IPO shares is now only half as bad of an investment as sending your bank account number to the deposed prince of Nigeria. Facebook shares once again got hammered on Friday and closed down 4% at $19.07, or just above half the $38 price that Facebook set for its IPO back in May. Facebook's trading volume on the day totaled around 107 million shares, or roughly three times its average trading volume of 36 million shares. The company's overall volume was down from Thursday, however, when it totaled a whopping 157 million shares after some company insiders got their first chance to dump their shares.

Apple stock hits new high on gadget rumors Posted: 17 Aug 2012 03:50 PM PDT Apple's stock price leaped to a new high on Friday amid rumors the tech giant is poised to hit the market with new versions of iPhone, iPad, and Apple TV devices.

Your Deleted Facebook Photos Will Now Be Gone Forever Posted: 17 Aug 2012 03:46 PM PDT Anything shared on Facebook, as with the Internet as a whole, is nearly impossible to remove. This is especially true of any unwanted pictures that may have been uploaded to the site.

U.S. SEC says shuts ZeekRewards.com $600 million Ponzi scheme Posted: 17 Aug 2012 03:15 PM PDT (Reuters) - The U.S. Securities and Exchange Commission said it shut down a $600 million online Ponzi scheme on the verge of collapse and won a court ordered emergency asset freeze to protect some of the more than 1 million investors it had attracted. ZeekRewards.com, created in January 2011 by Paul Burks and touted as a "private, invitation only, affiliate advertising division" of penny auction website Zeekler.com, promised investors up to 50 percent of "daily net profits" through a system based on rewards points, the SEC said. ...

Tobacco Still Widespread In Developing Countries; New Owls Posted: 17 Aug 2012 03:14 PM PDT Discovered: Two new owls; tobacco use still hugely prevalent in developing world; microthrusters pack macro power; panfried meat linked to prostate cancer.

News Summary: Clown had iPad stolen from Jobs home Posted: 17 Aug 2012 03:10 PM PDT HOT ITEM: Police say a professional clown unwittingly received an iPad pilfered from the home of the late Apple co-founder Steve Jobs last month.

Google Maps Updates Street View for New Orleans Posted: 17 Aug 2012 03:09 PM PDT Google Street View first came to New Orleans in 2008, just three years after Hurricane Katrina. The original images showed areas that were unaffected by the disaster and others that remained completely devastated.

AT&T just pulled a dick move with FaceTime over cellular Posted: 17 Aug 2012 02:50 PM PDT It's no secret that AT&T (T) is a terrible wireless carrier — just ask anyone who uses, or has used AT&T. Its calls drop, data is unusable in any location with more than four wireless subscribers within a square mile, and it nickel and dimes every single fucking thing. You know what set me off though? The fact that AT&T is limiting FaceTime over cellular and making subscribers switch to a new shared data plan if they want to use it. It was bad enough AT&T brazenly charges you a fee if you want to use the data you pay for on another device via tethering, but now AT&T is trying to control just what you can and can't do with

Oracle, Google disclosures on paid bloggers lack sizzle Posted: 17 Aug 2012 02:48 PM PDT SAN FRANCISCO (Reuters) - Oracle Corp and Google Inc responded on Friday to a judge's request for the identity of all writers who commented on the companies' intellectual property lawsuit, and who received money from the tech giants. But while the post-trial order from U.S. District Judge William Alsup earlier this month had riveted tech and legal circles, the companies' responses contained no bombshells. "Neither Google nor its counsel has paid an author, journalist, commentator or blogger to report or comment on any issues in this case," the Internet search company said in its court filing. ...

PayPal could heat up mobile payments race if McDonald's test pays off Posted: 17 Aug 2012 02:33 PM PDT SAN FRANCISCO (Reuters) - PayPal is in the early stages of what may be a blockbuster mobile payments deal with McDonald's Corp, the world's biggest hamburger chain. McDonald's is testing a mobile payments service featuring PayPal at 30 of its restaurants in France. Earlier this year, McDonald's ran demonstrations of a broader PayPal mobile payments service at its franchisee conference in Orlando, Florida. A McDonald's spokeswoman confirmed the France tests and said the PayPal demonstration at its conference was part of a booth that features "technology coming within the next 24 months or so. ...

2012 conventions embrace social media openness Posted: 17 Aug 2012 02:31 PM PDT Democrats and Republicans are using social media to turn their national conventions away from the smoke-filled rooms of yore and into meetings where anyone who wants to get involved is just a click away, no matter where they are.

Going public: Key developments in Facebook's IPO Posted: 17 Aug 2012 02:30 PM PDT Facebook Inc. has had a rocky initial public offering of stock. There were trading glitches on its first day of trading and concerns since then about Facebook's revenue potential. Facebook also is facing dozens of lawsuits from disgruntled shareholders.

Facebook is Now Worth at Half its Original IPO Value Posted: 17 Aug 2012 02:26 PM PDT Ah, remember Facebook's IPO in May? Those were the good old days for the company, which is now worth just half of its IPO-day valuation, according to Bloomberg. At 3:58 p.m. EDT, shares were at $19.03, Bloomberg's Brian Womack reported. On its first day, it ended at $38.23

News Summary: Facebook falls to half of IPO price Posted: 17 Aug 2012 02:21 PM PDT CUT IN HALF: Facebook's stock fell to $19 for the first time on Friday, losing half its market value since the company's initial public offering in May.

Facebook falls to half of public offering price Posted: 17 Aug 2012 02:20 PM PDT Facebook's stock fell to $19 for the first time on Friday, losing half its market value since the company's initial public offering in May.

Apple stock hits new high after 4-month dip Posted: 17 Aug 2012 01:57 PM PDT Apple's stock hit a new high Friday after a four-month swoon, as investors looked ahead to the release of a new iPhone and possibly a smaller iPad.

iPhone gambling apps: The cutting-edge way to blow all your cash Posted: 17 Aug 2012 01:45 PM PDT Watch out, Las Vegas: app developers are aiming to take your most tech-savvy and/or lazy customers away from you. Bloomberg reports that mobile gambling apps, which turn iPhones into mini-slot machines that let users place bets with real money, are on the rise and will soon be in fierce competition with one another over which ones get to separate the most fools from their money. Indeed, Bloomberg notes that Juniper Research estimates that smartphone and tablet owners will use their favorite devices to place upward of $100 billion of bets by 2017. Predictably, the gambling app companies say that Apple (AAPL) isn't exactly thrilled with their presence on its App Store, as the company has so far refused to take any gambling revenues

Weekly changes in Facebook stock prices Posted: 17 Aug 2012 01:40 PM PDT On its first day of trading, Facebook Inc.'s stock closed barely above its public offering price. It gained 23 cents, or 0.6 percent, to close at $38.23. Since then, the stock price fell for nine weeks and increased for four.

Prices of Facebook stock since long-awaited IPO Posted: 17 Aug 2012 01:38 PM PDT Facebook's stock has been down on 38 trading days, up on 25 and unchanged on one since its initial public offering.

Groupon stock caps off a week of lows Posted: 17 Aug 2012 01:34 PM PDT Another day, another low for Groupon's stock.

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