Related topics: stock · initial public offering · ceo · facebook · google

CEO of BlackBerry maker makes case for comeback (Update)

(AP)—Research In Motion CEO Thorsten Heins is convinced the company's BlackBerry phone is poised to regain its stature as a trailblazing device even as many investors fret about its potential demise.

Google shares hit new high (Update)

Google shares rose more than two percent to a new high of $749.38 at the close of the Nasdaq exchange on Monday and continued to rise in after-hours trading.

Facebook shares hit new low on growth worries

Facebook shares on Thursday sank to a new low after the world's leading social network reported a loss of $157 million in its first earnings after its public offering.

Hologram developers raise real cash for virtual stars

Digital Domain Media Group, creators of a Tupac Shakur hologram that rocked this year's Coachella festival, said Monday it has raised $10.5 million to help build a roster of virtual stars.

Nasdaq readies payouts for Facebook IPO glitch: WSJ

Nasdaq is taking steps toward compensating investor losses due to computer glitches that fouled trading on the first day of Facebook's $16 billion IPO, the Wall Street Journal said Tuesday.

Facebook underwriter Morgan Stanley defends IPO

The chief executive of Morgan Stanley on Wednesday defended his company's lead role in the disastrous IPO of Facebook, which has lost investors billions of dollars.

Facebook ads less than lucrative for many businesses

As the public joined the frenzy around Facebook Inc.'s Wall Street debut, well-connected institutional investors were hearing a more sobering message: The social network's main business, advertising, was sputtering.

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