Related topics: facebook · share · initial public offering · ipo

Groupon faces credibility, viability doubts

Five months after going public with much fanfare, daily deals site Groupon Inc. is facing fresh doubts on several fronts concerning its credibility and long-term viability.

Morgan Stanley fined $5 mn over Facebook IPO

Morgan Stanley agreed Monday to pay a $5 million fine to settle charges that it improperly handled crucial information on Facebook's earnings ahead of the company's disastrous IPO.

Facebook hopes investors like first earnings

Facebook reports its first earnings as a public company on Thursday in an announcement that will be closely watched for signs of whether the social media giant can deliver on its financial promise.

Facebook to hold press event, stock passes $30

Shares of Facebook are pushing above $30 for the first time since July after it sent out invitations to "come and see what we're building" Tuesday at its headquarters in Menlo Park, Calif.

Zynga gives new CEO millions to leave Microsoft

Struggling Web game maker Zynga gave new CEO Don Mattrick a $5 million signing bonus and stock awards valued at $40 million to lure him away from his previous job overseeing Microsoft Corp.'s Xbox console for video games.

Clear Channel swipes at Pandora with iheart revamp

(AP) -- Radio station giant Clear Channel Communications Inc. is taking a swipe at online music service Pandora with a revamp of its iheartradio application that imitates Pandora's personalized listening experience but doesn't ...

LivingSocial seeks $400 million in funding

(AP) -- LivingSocial, the No. 2 online deals site behind Groupon, plans to raise $400 million in a private offering that will likely give it a cushion to put off an initial public offering.

Zynga chief marketing, revenue officer resigns

(AP)—Jeff Karp, the chief marketing and chief revenue officer at Zynga, has become the latest executive to leave the struggling online company behind "FarmVille" and other games.

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