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May 19, 2012, 8:25 AM
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| 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, Reuters, Los Angeles Times, Bloomberg, ReadWriteWeb and CNET
| 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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Guardian, Wired.co.uk, The Next Web, ZDNet, Forbes, Bits, VentureBeat, TechCrunch, Betabeat, Business Insider and NBC Bay Area
Tweets: @alexismadrigal, @alexismadrigal, @cdixon, @danprimack, @taylorbuley, @dondodge and @emilychangtv
| 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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Reuters, Venture Capital Dispatch and CNET
| 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.
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Inquirer, SiliconBeat, Bloomberg Tech Blog, VentureBeat, Telegraph, msnbc.com, Examiner, TechFlash and Digits
| Dan Primack / Fortune: |
| Alexei Oreskovic / Reuters: |
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Firstpost, CNET, Business Insider, Brian Solis, CNET, Focus on Funds, Mobile, SiliconValley.com, The Next Web, Business Insider, Dice Blog Network, The Next Web, The New Persuaders, blogs.ft.com, Datamation.com, Business Insider, TechCrunch, Guardian, Bloomberg, PE Hub Blog and AllThingsD
Tweets: @katyawachtel, @levie and @shervin
| Meghan Kelly / VentureBeat: |
| Florian Mueller / FOSS Patents: |
Apple files for immediate Galaxy Tab 10.1 ban in the United States after partially successful appeal — At 8 PM local California time on Friday, Apple filed a motion for a U.S. preliminary injunction against Samsung's Galaxy Tab 10.1. The motion is based on a ruling by the Court of Appeals …
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PhoneArena, Engadget and Pocketnow
| 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 …
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CNET, TechCrunch, Techie Buzz, TechnoBuffalo, Computerworld, Digital Trends, Bits, ReadWriteWeb, USA Today, Venture Capital Dispatch, AllThingsD, The Verge, Inside Facebook, VentureBeat, Social Markets, Mashable!, The Next Web and Digits
Tweets: @mikeisaac and @sequoia_capital
| 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.
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Business Insider, AppleInsider, PR Newswire, The Verge, The Verge, Betabeat, 9to5Mac, The Next Web and Computerworld
| 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 …
| Andrew Webster / The Verge: |
Motorola Droid RAZR and RAZR Maxx getting Android 4.0 in Q2, Bionic in Q3 — Motorola has updated its timeline for Ice Cream Sandwich updates for a number of devices, several of which should see Android 4.0 within the next few months. In the US, both the Droid RAZR and RAZR Maxx are expected …
More:
Droid Life, Gotta Be Mobile, CNET and 9to5Google
| Matthew Panzarino / The Next Web: |
The story of the ‘secret’ room at Pixar, frequented by Steve Jobs and many other celebrities — Truthfully, I thought everyone knew about the ‘Lucky 7 Lounge’. It's a secret room at Pixar that's really not so secret now. But I took a quick poll of some friends and coworkers and drew a blank, so here goes.
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iClarified
| 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, Softpedia News, GSMArena Blog, The Verge, My Nokia Blog, CNET, Neowin and WinBeta
| 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 … | 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.
More:
Ars Technica, Gizmodo and The Verge
| 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
| 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.| 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, Blue's News and Ars Technica
| John Biggs / TechCrunch: |
GameStop To Sell SIM Cards — GameStop is hurting. Same store sales fell 5%-11% and revenue was down 17% to $2 billion. Profit fell to $72.5 million. Arguably, those are still huge numbers and presumably a new console refresh should push the company out of the doldrums.
More:
MarketWatch, The Verge and Engadget
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