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Mobile Internet to shine despite dim Facebook IPO

Silicon Valley stars on Wednesday argued that the mobile-focused Internet startups will shine despite the dim stock market debut by leading social network Facebook.

Technology / Business

created May 31, 2012 | popularity not rated yet | 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

Alibaba.com $2.5B privatization bid approved

(AP) -- Chinese e-commerce firm Alibaba Group's $2.5 billion bid to take its Hong Kong-listed unit private was cleared Friday by minority shareholders, easing the way for CEO Jack Ma to gain more control over his company's ...

Technology / Business

created May 25, 2012 | popularity not rated yet | comments 0

Apple's Cook top-paid US CEO in 2011: report

Apple chief executive Tim Cook topped the list of the best-paid CEOs in the US in 2011 thanks to stock options that put him more than $300 million above his next rival, a Wall Street Journal survey showed ...

Technology / Business

created May 21, 2012 | popularity 1 / 5 (4) | comments 0

Yahoo's $7.1B deal with Alibaba offers ray of hope

After years of mortifying missteps, Yahoo Inc. finally has something to boast about: a multibillion-dollar windfall from a savvy investment in China.

Technology / Business

created May 21, 2012 | popularity 1 / 5 (1) | comments 0

Yahoo! stock climbs on report of Alibaba sale

Yahoo! stock price climbed Friday on renewed rumors that it was close to a multibillion-dollar deal to sell half of its stake in Alibaba.com back to the Chinese online shopping portal.

Technology / Business

created May 18, 2012 | popularity 5 / 5 (1) | comments 1

Zynga price falls 13.3% as Facebook IPO trades flat

Shares of online social game maker Zynga plunged 13.3 percent and triggered a trading halt Friday as Facebook's IPO fell flat with investors.

Technology / Business

created May 18, 2012 | popularity 3 / 5 (2) | comments 0

Questions and answers on blockbuster Facebook IPO

(AP) -- A company started in a Harvard dorm room in 2004 has just raised $16 billion and is valued at $104 billion. All that from an initial public offering of stock.

Technology / Business

created May 18, 2012 | popularity not rated yet | comments 0

Tale of the tape: Google versus Facebook

Facebook is the hottest Internet company to hit the stock market since Google went public in 2004. The Silicon Valley companies, located seven miles apart, also happen to be locked in a bitter battle for Web surfers' allegiance ...

Technology / Business

created May 17, 2012 | popularity not rated yet | comments 0

US senators propose 'anti-Saverin' tax evasion law

Two US senators, angered by what they said was Facebook co-founder Eduardo Saverin's deliberate tax avoidance, announced legislation Thursday to stop him and other exiles from re-entering the country.

Technology / Business

created May 17, 2012 | popularity 3.3 / 5 (3) | comments 15

Is Facebook worth the bet? Doubts amid the frenzy

Everyone knows it is a giant of the Internet that will make money for a long while. But is Facebook worth investing in at its elevated initial public offering price?

Technology / Business

created May 16, 2012 | popularity 1 / 5 (1) | comments 5

Spurious switching points in traded stock dynamics

Physicists have rebuffed the existence of power laws governing the dynamics of traded stock volatility, volume and intertrade times at times of stock price extrema. They did this by demonstrating that what appeared as "switching ...

Other Sciences / Mathematics

created May 15, 2012 | popularity 4.3 / 5 (3) | comments 3 | with audio podcast

Facebook IPO to bring cash and change

Facebook makes its hotly anticipated stock market debut this week in a history-making move promising wealth for insiders and change for users of the online social network.

Technology / Business

created May 15, 2012 | popularity 1 / 5 (1) | comments 1

Poll: Half of Americans call Facebook a fad

(AP) -- Half of Americans think Facebook is a passing fad, according to the results of a new Associated Press-CNBC poll. And, in the run-up to the social network's initial public offering of stock, half of ...

Technology / Internet

created May 15, 2012 | popularity 4 / 5 (2) | comments 0

Facebook IPO shares tough task for small investors

(AP) -- Hoping to get in on Facebook's hotly anticipated public stock offering? You'll need Facebook friends at very high levels - or a lot of money.

Technology / Business

created May 14, 2012 | popularity 5 / 5 (1) | comments 0