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May 18, 2012, 9:55 PM
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Mediagazer
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.
More:
Bits, Guardian, Forbes, The Next Web, ZDNet, VentureBeat, WebProNews and Pulse2 Technology …
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.
More:
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.| 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.
More:
CNET, Business Insider, Focus on Funds, Business Insider, Dice Blog Network, The Next Web, The New Persuaders, Mobile, SiliconValley.com, Firstpost, CNET, Guardian, blogs.ft.com, Datamation.com and AllThingsD
Tweets: @katyawachtel, @levie and @shervin
| Bloomberg: |
Facebook IPO Makes Zuckerberg Richer Than Google Founders — Facebook Inc. (FB)'s $16 billion initial public offering has made 28-year-old Mark Zuckerberg the 29th richest person on Earth. — Facebook, the world's most popular social networking company, sold 421.2 million shares for $38 each.| Matthew Panzarino / The Next Web: |
More:
Daily Dot
| Meghan Kelly / VentureBeat: |
| 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.| Jennifer Van Grove / VentureBeat: |
| Josh Constine / TechCrunch: |
More:
WebProNews, Guardian and Forbes
| Kim-Mai Cutler / TechCrunch: |
More:
Digits, TechCrunch, Social Markets, WebProNews, Shareaholic Blog, Los Angeles Times, SocialTimes, Firstpost, Gizmodo and Gawker
Tweets: @pkafka, @brianstelter, @mikeisaac, @loyalelectron and @laurengoode
| 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, GigaOM, Mashable!, Marketing Land, ZDNet, VentureBeat, Business Insider, Pulse2 Technology …, SlashGear, stewartslaw.com, Computerworld, TechnoBuffalo, The DNetWorks, eWeek, Techland, Associated Press, The Register, TechSpot, Marketing Land, Los Angeles Times, WebProNews, CNET, Daily Dot, Tech Daily Dose and PC Magazine
| 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, Computerworld, Digital Trends, ReadWriteWeb, Bits, Venture Capital Dispatch, AllThingsD, TechnoBuffalo, Inside Facebook, The Verge, VentureBeat, Social Markets, The Next Web, TechCrunch, Fast Company, Digits and Mashable!
Tweets: @mikeisaac and @sequoia_capital
| 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 …
| Cotton Delo / AdAge: |
Foursquare Hires Former iAd Exec as Revenue Chief — Steven Rosenblatt Is Longtime Mobile Exec From Quattro Wireless — A month after Ad Age learned that Foursquare will soon launch advertising products, the company has hired its first-ever monetization lead.
More:
Betabeat, Pulse2 Technology …, GigaOM, The Next Web and Marketing Land
| 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 …
More:
Digital Trends, The Tech Report and Kotaku
| 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:
Gizmodo, Ars Technica and The Verge
| 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, AndroidGuys, Wired, FierceMobileContent, GigaOM, Pocketnow, PhoneArena and Engadget
| Somini Sengupta / New York Times: |
Reticent Rich: Preferred Style in Silicon Valley — MENLO PARK, Calif. — Wealth is here if you know where to find it. — Fabulous home theaters are tucked into the basements of plain suburban houses. Bespoke jeans that start at $1,200 can be detected only by a tiny red logo on the button.
More:
Guardian, Xconomy, Forbes, Bits, CNN, Betabeat, Media Decoder, Venture Capital Dispatch and GigaOM. See also Mediagazer
| Tom Warren / The Verge: |
Microsoft's ‘buy a PC, get a free Xbox 360’ deal returns for students on May 20th — Microsoft is announcing the return of its buy a PC and get a free Xbox 360 deal for students this week. Students in the US who purchase a qualifying PC worth $699 or more at certain retailers will get a 4GB Xbox 360 for free from May 20th onwards.
More:
The Windows Blog, Neowin and BGR
| Ernesto / TorrentFreak: |
US “Six Strikes” Anti-Piracy Scheme Delayed — In the coming months the Center for Copyright Information (CCI) will start to track down ‘pirates’ as part of an agreement all major U.S. Internet providers struck with the MPAA and RIAA. — The parties agreed on a system through …
More:
GamePolitics blogs and Plagiarism Today
| Federico Viticci / MacStories: |
Four Years of App Store: Developers Weigh In On Search, Discovery, and Curation — “The App Store is a grand slam, with a staggering 10 million applications downloaded in just three days”. That's how Apple co-founder and late CEO Steve Jobs saluted the launch of the company's new storefront for iOS … Sponsor Posts
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