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May 19, 2012, 1:35 AM
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memeorandum
WeSmirchTop News
| John Paczkowski / AllThingsD: |
The Price Is Right: Facebook Closes Near Opening Price — After the weeks of private equity dealmaker palm rubbing and investor anticipation that preceded it, Facebook's IPO on Friday was something of an anticlimax. Shares in the newly public company rose to $45 before closing at $38.23.
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The Next Web, Guardian, ZDNet, Forbes, Bits, VentureBeat, Pulse2 Technology …, Business Insider, WebProNews, PE Hub Blog and NBC Bay Area
Tweets: @danprimack, @emilychangtv, @alexismadrigal, @alexismadrigal, @taylorbuley, @cdixon and @dondodge
| Dan Primack / Fortune: |
38 Special: Facebook bankers got it right — Facebook shares stay flat, and that's okay. — FORTUNE — Facebook (FB) shares didn't pop. They didn't crumble. They closed the day at $38.23 per share, or less than a percentage point higher than where the company's IPO had priced last night.| Kim-Mai Cutler / TechCrunch: |
Bankers Got Too Aggressive With Pricing Facebook As They Struggled To Keep Shares Above $38 — The underwriters of Facebook's $16 billion debut on NASDAQ fought to the finish to keep the company's shares above last night's final price of $38 a share. Shares closed at $38.23 today.
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Venture Capital Dispatch
| Larry Dignan / CNET: |
How Facebook's bankers saved an IPO, kept shares above $38 — Facebook's IPO was a roaring success — for Facebook. Investors aren't quite sure what to make of it after Facebook's underwriters repeatedly stepped in to make sure shares didn't fall below the $38 mark.
More:
SiliconBeat, Bloomberg Tech Blog, Telegraph, Examiner, msnbc.com, VentureBeat, Digits and ReadWriteWeb
| Wall Street Journal: |
Facebook's IPO Sputters — Underwriters Forced to Prop Up IPO of Social Network; Only a 23-Cent Rise — Facebook Inc. took eight years to stage one of the most anticipated initial public offerings ever. The anticlimax came Friday, as Wall Street bankers struggled to prevent …
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Los Angeles Times, CNET, Bloomberg, Los Angeles Times, Reuters, ReadWriteWeb and CNET
| Alexei Oreskovic / Reuters: |
Historic Facebook IPO marred by trading glitches — (Reuters) - For a company that is dramatically upending business strategies and social relationships around the world, Facebook Inc made a surprisingly modest debut on the Nasdaq on Friday as a sky-high valuation and trading glitches capped the stock's rise.
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Business Insider, CNET, Brian Solis, Firstpost, Focus on Funds, Business Insider, CNET, Mobile, SiliconValley.com, The Next Web, Business Insider, Dice Blog Network, The New Persuaders, TechCrunch, blogs.ft.com, Guardian, Datamation.com, AllThingsD, PE Hub Blog and Firstpost
Tweets: @katyawachtel, @levie and @shervin
| Matthew Panzarino / The Next Web: |
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Daily Dot and Deal Journal
| Meghan Kelly / VentureBeat: |
| Om Malik / GigaOM: |
Facebook buys Karma app — The newly public Facebook says it is buying Karma, a mobile social gifting app. The news was released via Karma's blog. As we first posted, Karma was founded by Lee Linden and Ben Lewis who in their past life were co-founders of Tapjoy, that was acquired … | Bloomberg: |
Facebook Sued For $15 Billion In Suit Over User Tracking — Facebook Inc. (FB), which is scheduled to begin trading today, was sued by users of its social network in an amended class-action case claiming the company invaded their privacy by tracking Internet usage and seeking $15 billion.
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Telegraph, Firstpost, ZDNet, Business Insider, Mashable!, VentureBeat, stewartslaw.com, SlashGear, GigaOM, Marketing Land, Techland, TechnoBuffalo, eWeek, TechSpot, Pulse2 Technology …, Associated Press, The DNetWorks, PC World, WebProNews, The Register, Los Angeles Times, Tech Daily Dose, Marketing Land, CNET, Daily Dot, PC Magazine, Slashdot, AllFacebook, Business Week and The Next Web
| David Garcia / TechCrunch: |
How Facebook Hacked The NASDAQ Button — Editor's note: Some savvy Facebook engineers rigged the NASDAQ button to automatically post “Mark Zuckerberg has listed a company on NASDAQ - FB” to the CEO's Timeline as he rung the bell to open the NASDAQ's day of trading.
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Next Media Animation, Reuters, WebProNews, Forbes, PE Hub Blog, VentureBlog, Featured stories, TechCrunch, AllFacebook, TechCrunch, Social Markets, GigaOM, Visual.ly, Guardian, Los Angeles Times, VentureBeat, Bits, The Verge, NBC Bay Area, Gizmodo, Business Insider, The Firewall, CNNMoney.com, SiliconBeat, Fast Company, GeekWire, CNBC and The Next Web. See also Mediagazer
| Josh Constine / TechCrunch: |
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WebProNews, Forbes, Guardian and Bits
| Jennifer Van Grove / VentureBeat: |
| Reuters: |
Worries mount as Nokia burns through cash — Nokia Oyj is tearing through its cash reserves at an unsustainable rate, raising what some analysts say are serious questions about the struggling Finnish phone maker's ability to stabilize its finances in the months ahead.| Florian Mueller / FOSS Patents: |
ITC orders import ban against Motorola Android devices that infringe a Microsoft patent — The United States International Trade Commission ("USITC", or just “ITC") today ordered an import ban against all Android-based Motorola Mobility devices that infringe a particular Microsoft patent …
| Liz Gannes / AllThingsD: |
SceneTap Interview: San Francisco's Least Welcome Start-Up Explains Itself (Video) — Late yesterday afternoon, I was supposed to meet SceneTap CEO Cole Harper at a bar in San Francisco, so I could get an in-person view of his company's nightlife monitoring system that was set to debut today at various local venues.
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Ars Technica, The Verge, Gizmodo and CNET
| Stu Horvath / Wired: |
The Imagination Engine: Why Next-Gen Videogames Will Rock Your World — An image from Epic Games' upcoming Unreal Engine 4 demo. Image: Courtesy of Epic Games — When Tim Sweeney is out in the world discussing pedestrian things—the sweet tea at a particular barbecue restaurant, say …
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The Tech Report, Digital Trends, Kotaku, Ars Technica, Blue's News, VentureBeat and VG247
| Nick Wingfield / Bits: |
Closure in Disappearance of Computer Scientist — Just over five years ago, Jim Gray, a computer scientist then working for Microsoft, vanished with his sailboat somewhere in the waters off in San Francisco beyond the Golden Gate Bridge. Because no trace of Dr. Gray or his boat, Tenacious …
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TechFlash
| Dan Rowinski / ReadWriteWeb: |
Computer Programming for All: A New Standard of Literacy — Everyone ought to be able to read and write; few people within the global mainstream would argue with that statement. But should everyone be able to program computers? The question is becoming critically important …
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rc3.org
| Alex Wilhelm / The Next Web: |
Windows 8's desktop UI changes unveiled — If you have been following Windows 8 for any amount of time, you must have run across the Building Windows 8 Blog, the official organ of the Windows team. It is not for massive, Internet-bending pieces of non-fiction that pack in enough context …
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MSDN Blogs, CNET, The Verge, Neowin, Engadget, Redmond Pie, WinBeta and My Nokia Blog
| Reuters: |
ZTE confirms security hole in U.S. phone — (Reuters) - ZTE Corp, the world's No.4 handset vendor and one of two Chinese companies under U.S. scrutiny over security concerns, said one of its mobile phone models sold in the United States contains a vulnerability that researchers say could allow others to control the device.
More:
PC Magazine, Wired, AndroidGuys, GigaOM, TechnoBuffalo, PhoneArena, FierceMobileContent, Pocketnow and Engadget
| Josh Lowensohn / CNET: |
Steve Jobs TV movie to film at the original Apple garage — For those wondering how authentic the upcoming made-for-TV movie about Steve Jobs will be, maker Five Star Feature Films says it's going to actual locations, including Jobs' childhood home, where the first Apple computers were pieced together in the garage.Sponsor Posts
Channel 9:
Inside NuGet for C++ — NuGet support for C++ projects in Visual Studio has arrived in NuGet 2.5! It's been around for about a month now so we figured we'd go talk to one of the developers who helped make it happen, Garrett Serack.
Inside NuGet for C++ — NuGet support for C++ projects in Visual Studio has arrived in NuGet 2.5! It's been around for about a month now so we figured we'd go talk to one of the developers who helped make it happen, Garrett Serack.
Cloud Foundry:
Static.com Adds Hadoop Support for Cloud Foundry — In this guest post, Jake Farrell, CTO for Static.com, explains how the major shift in the hosting industry towards platforms for high developer productivity …
Static.com Adds Hadoop Support for Cloud Foundry — In this guest post, Jake Farrell, CTO for Static.com, explains how the major shift in the hosting industry towards platforms for high developer productivity …
Rackspace Blog:
An Army Is Forming To Battle Patent Trolls — For the past several months, we've exposed the flaws in the patent system and how they're being exploited by opportunistic patent trolls looking to extort a quick buck …
An Army Is Forming To Battle Patent Trolls — For the past several months, we've exposed the flaws in the patent system and how they're being exploited by opportunistic patent trolls looking to extort a quick buck …
Hortonworks » Blog:
Hadoop, Hadoop, Hurrah! HDP for Windows is Now GA! — Today we are very excited to announce that Hortonworks Data Platform for Windows (HDP for Windows) is now generally available and ready to support the most demanding production workloads.
Hadoop, Hadoop, Hurrah! HDP for Windows is Now GA! — Today we are very excited to announce that Hortonworks Data Platform for Windows (HDP for Windows) is now generally available and ready to support the most demanding production workloads.
Unison's blog:
“Yammer sucks” — Not to be mean to Yammer, or anything — it's a very good tool for some use cases — but that's what a customer told me recently (and others feel the same way).
“Yammer sucks” — Not to be mean to Yammer, or anything — it's a very good tool for some use cases — but that's what a customer told me recently (and others feel the same way).Who's Hiring In Tech?
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