Techmeme: Minute by minute, Nasdaq chaos engulfed Facebook IPO (Reuters)

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May 27, 2012, 1:30 AM

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Reuters:

Minute by minute, Nasdaq chaos engulfed Facebook IPO — Dead silence. For nearly 20 minutes on the morning of Facebook Inc's trading debut last Friday, the line Nasdaq had opened up to keep traders informed about the social media company's $16 billion IPO had been mute.

More: Bloomberg, Business Insider, The Tech Trade and BuzzMachine. Tweets: @eghosao

Erin Geiger Smith / Reuters:

Facebook IPO is flashback to dot-com class action — This is not the first time investors in a hot tech company's initial public offering have alleged that underwriters favored their regular clients at the expense of the little guys. — In the tech bubble of the late 1990s …

More: WFTS, PR Newswire, Business Wire, Business Wire and Business Wire

Iain Marlow / Globe and Mail:

RIM prepares for radical measures with global restructuring — Patrick Spence, who quit this week as Research In Motion Ltd.'s global sales chief, was not the first senior executive to leave the struggling BlackBerry maker this spring and he will not be the last, as the company prepares for thousands of additional layoffs.

More: Engadget, Reuters, CNET, The Verge, TechnoBuffalo, MobileSyrup.com, DailyTech, Pulse2 Technology … and Business Insider

Kellex / Droid Life:

Motorola Demos Ice Cream Sandwich for the DROID RAZR in Official Video Series, Watch Them All Here — We know that Ice Cream Sandwich for the DROID RAZR will be here some time before the end of June (Q2) thanks to an updated timeline released by Motorola within the last week.

More: The Verge, Engadget and TechnoBuffalo

Matthew Panzarino / The Next Web:

Watch this rare video from inside the Foxconn facility where 70% of iPhones are made — You don't get a look inside Apple's factories in China all that often. Apple is notoriously secretive about their processes and products. That's why the video below is so fascinating …

More: M.I.C. Gadget, Examiner, TUAW, iMore, TechnoBuffalo, AppleInsider, App Advice, VR-Zone, The Verge, iClarified, IntoMobile and MacDailyNews. Tweets: @asymco

Ernesto / TorrentFreak:

BitTorrent Traffic Booms Due to “Licensing Challenges” — Over the years we have been following various reports on Internet traffic changes, specifically in relation to BitTorrent. One of the emerging trends is BitTorrent and P2P traffic as a whole losing its share of total Internet traffic, in the U.S. at least.

More: ITProPortal and Slashdot

New York Times:

Facebook's Royal Wedding — THE wedding of Mark Zuckerberg to Priscilla Chan last weekend here in the backyard of their $7 million home had all the staging of a carefully orchestrated celebrity event. A publicist for Facebook eagerly offered photos afterward of the beaming couple …

More: Business Insider

Drew Olanoff / The Next Web:

Good news for social video apps: Facebook introduces “trending videos” to your news feed — Last month, Facebook introduced a feature called “trending articles” that stuck a slideshow into your news feed of popular news articles via your friends that you might have missed.

More: Mashable!

Jacqui Cheng / Ars Technica:

Apple says DoJ “sides with monopoly, rather than competition” — Apple takes credit for breaking Amazon's “nearly absolute” control over e-books. — Image via HarshLight on Flickr — Apple has accused the US government of siding “with monopoly, rather than competition” …

More: Geek News Central, Fortune, TechCrunch, Bits, iClarified, Business Insider, TeleRead, TUAW and 9to5Mac. Tweets: @owenthomas

Jennifer Van Grove / VentureBeat:

Instagram picked up 78 percent more uniques in April — thank you, Facebook — A billion dollars will buy you a lot of things, and, in the case of Instagram, one of those things happens to be exposure to millions. — In April, Instagram's website saw a 78 percent uptick in unique visitors in the U.S. …

More: Los Angeles Times

Ellis Hamburger / The Verge:

Inside Facebook security: defending users from spammers, hackers, and ‘likejackers’ — If Facebook were a country, it would be the third largest in the world, just behind India and China. And like any country, Facebook has a police force to keep things under control.

More: Pulse2 Technology … and Gizmodo

Guy English / kickingbear:

Three Things That Should Trouble Apple — I believe that many Apple observers have been too invested in picking off the low hanging fruit of obviously out-of-touch commentators, columnists, and analysts. Apple is winning. It's fun to pick on the idiots, and we do tune in for the affirmation that engenders, but that's not insight.

More: Computerworld and Daring Fireball

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