California’s economy the biggest in the United States and the ninthlargest in the world will see a slight improvement in 2012 but a recovery in the crucial housing market is at least two years away according to a report released on Wednesday. California was one of states hardest hit by…
Internet giants Google Inc and Facebook removed content from some Indian domain websites on Monday following a court directive warning them of a crackdown like China if they did not take steps to protect religious sensibilities. The two are among 21 companies ordered to develop a mechanism to block material…
Depending on who you ask Facebook is either the best company to go public since Google or the hallmark of another tech bubble. But no matter the ultimate fate of the broadreaching social network it’s clear that investors will be scrambling to pick up shares when they get the chance.…
Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as 10 billion but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company leaving investors with little say. The Harvard dropout who launched the social networking phenomenon from his dorm room…
Facebook’s initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business. The world’s largest online social network is expected to tap public markets for 10 billion in the coming months in an offering that…
Facebook and the state of Washington sued a company on Thursday they accused of a practice called clickjacking that fools users of the world’s top social network into visiting advertising sites divulging personal information and spreading the scam to friends. The scheme also known as likejacking because victims are tricked…
Facebook the social networking company poised to go public this year will not honor trades of its shares in the secondary markets for a threeday period beginning on Wednesday according to a person familiar with the matter. Lawyers representing Facebook sent a letter last week to at least one of…
The Internet was awarded a major victory Friday morning as Congress announced that they will indefinitely postpone voting on the Stop Online Piracy Act (SOPA) and the Protect IP Act (PIPA). The win, while a major success viewed in the eyes of advocates for a free and open Internet, is…
Rihanna on Thursday released track teasers online from her upcoming album Talk That Talk pushing the album up to no. 12 on the iTunes chart ahead of its November 21 release. The snippets from all 11 songs on the album comes after the singer posted a picture on her official…
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