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Facebook IPO debacle raises investor dander

The spate of complaints and investigations over the Facebook stock offering suggests big institutions had an edge over small investors, raising questions about the process.

Technology / Business

created May 25, 2012 | popularity 5 / 5 (1) | comments 0

Shareholders vote to take China's Alibaba unit private

Minority shareholders of Alibaba.com on Friday voted in favour of a proposal by its parent Alibaba Group Holding to take the Hong Kong-listed online trading unit private, the company said.

Technology / Business

created May 25, 2012 | popularity 4 / 5 (1) | comments 0

Facebook smartphone could come by next year: report

Facebook hopes to release its own smartphone by next year, as the newly public social networking giant looks to boost its revenue in the mobile Internet market, the New York Times reported Monday.

Electronics / Consumer & Gadgets

created May 28, 2012 | popularity 1 / 5 (2) | comments 8