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Investors brace for Facebook debut on Wall Street
(Reuters) - Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history.
43 minutes ago - Share
Mediaset fears internet challenge amid ad slump
MILAN (Reuters) - An executive at Mediaset said on Friday internet giants could challenge Italy's biggest commercial broadcaster's business model in coming years, while the advertising outlook remains grim.
1 hour ago - Share
Iran threatens to sue Google over dropping Persian Gulf
DUBAI (Reuters) - Iran's Foreign Ministry threatened on Thursday to take legal action against Google for dropping the name Persian Gulf from its Google Maps and leaving the waterway between Iran and Arab states nameless, state television reported.
18 hours ago - Share
GM ad move followed failed Facebook pitch: sources
DETROIT/NEW YORK (Reuters) - Facebook may only have itself to blame for why General Motors rained on its IPO parade this week.
12 hours ago - Share
Comcast trying out Internet usage pricing, dropping caps
(Reuters) - Comcast Corp said on Thursday it will introduce a trial for usage-based billing for its Internet subscribers in a move seen to pre-empt more complaints the cable company favors its own Web video service over rivals.
17 hours ago - Share
Insight: Who got Facebook IPO shares? Fairness may not come into it
NEW YORK (Reuters) - A lot of loyal Facebook fans and occasional investors are discovering a hard truth this week: Money and connections talk, especially when it comes to a hot deal handled by Wall Street.
9 hours ago - Share
Pinterest financing values company at $1.5 billion
(Reuters) - Silicon Valley startup Pinterest raised $100 million from a group led by Japanese online retailer Rakuten Inc, valuing the company at about $1.5 billion and underscoring the huge investor appetite for social-networking companies.
20 hours ago - Share
No respite for HP, Dell in Windows 8: BMO
(Reuters) - Microsoft's long-awaited launch of the Windows 8 OS may not change the fortunes of PC makers, BMO analysts said, lowering their price targets on the stocks of Hewlett-Packard Co and Dell Inc.
24 hours ago - Share
Google revamps U.S. search
SAN FRANCISCO (Reuters) - Google is revamping the way it handles searches in the United States to give users quick access to answers without leaving the page, the company said.
17 May 2012 06:25 - Share
Samsung loses $10 billion market value on Apple order report
SEOUL (Reuters) - Shares in Samsung Electronics Co slumped more than 6 percent on Wednesday, wiping $10 billion off the electronics giant's market value, on a report that Apple placed huge chip orders with troubled Japanese chip rival Elpida.
16 May 2012 01:59 - Share
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