For all the anticipation leading up to Facebook's initial public offering, opinions about how it performed are decidedly mixed. Clearly, though, the market didn't think the stock, which started at $38 per unit, was a grand bargain: Facebook ended trading on Friday just a few cents over its opening p...
Facebook announced an estimated price for its long-awaited initial public offering Thursday, setting a range of $28 to $35 per share. The top end of its estimate would give the social network a valuation of $96 billion. The company's upcoming roadshow starts Monday and will stop in major U.S. citie...
Yelp had an excellent first day as a publicly traded company. It opened on the New York Stock Exchange Friday at $22.01 per unit -- up 47 percent from its IPO price of $15. By the end of the day, shares were trading at $24.58. The first-hour pop was surprising, even for enthusiastic advocates of the...
Research In Motion has released its first update for the PlayBook's operating system. The debut of BlackBerry PlayBook OS 2.0 adds -- finally -- some essential features to the tablet, such as a native email client, calendar and contact functionality. RIM wanted to ensure that it would not just provi...
LinkedIn, the social network site for professionals, surprised the market on Thursday, reporting fourth-quarter sales that more than doubled its year-ago performance. Company executives forecast an even better 2012. Shares of LinkedIn rose more than 10 percent on the news. Revenue for the quarter en...
Andreessen Horowitz announced that it has raised US$1.5 billion for a fund aimed at investing in technology startups. The new fund is launching just as one of the firm's well-known bets, Facebook, prepares to go public. Andreessen Horowitz has an unspecified stake in the social network. Indeed, amon...
Facebook will likely make its initial public offering in May and could be valued as high as $100 billion, according to a recent report. The social networking giant boasts 800 million users worldwide and is expected to hit 1 billion in August, according to iCrossing projections. It's reportedly expec...
IBM continues to carve out its own stake in the social enterprise app space -- a market forecast by Forrester Research to grow 61 percent each year to reach $6.4 billion by 2016 -- with the beta rollout of the next release of its enterprise social networking platform, IBM Connections. The beta, whic...
On Jan. 1, I found that these Twitter names had hordes of followers: @ladygaga had 17,554,645, @Starbucks had 1,927,255, and @noahkravitz had 24,273. If you have a Twitter account, you can easily see all of who the followers are. Having Twitter followers doesn't mean you get to keep them, though. F...
My Pick of the Week is a brand new category of computers called "Ultrabooks." Think of Apple's thin MacBook Air -- but on Windows. These are a hit with Apple users, so there is no reason they shouldn't be just as popular with the Windows crowd, as long as they run well. I have not used them yet, but...
It looks as though Zynga was right to err on the side of caution when it priced its long-awaited IPO on Thursday evening. The social media gaming company priced the offering at a very conservative $10 per share, below the rumored $12 price per share that it was said to be considering. On Friday morn...
Jive Software has made its debut on the Nasdaq, following on the heels of other recent tech company IPOs such as Groupon, LinkedIn and Netflix. Jive, a maker of collaborative social media software for the enterprise, doesn't have the consumer orientation of those three, but it's apparently similar e...
Online social game-maker Zynga has lowered it expectations in regard to the initial public offering it plans for the near future. The maker of popular games such as "FarmVille," "Mafia Wars," and "Cityville" is hoping to offer 100 million shares, or about 14.3 percent of its total, priced between $8...
Yelp filed for an initial public offering Thursday, joining a cadre of social websites that have either made the leap into public trading recently or are aiming for it in the near future. In going public, Yelp hopes to raise as much as $100 million. The San Francisco-based company has gained popular...
Sometimes you can't win for winning. LinkedIn's stock price fell more than 10 percent Friday morning. On Thursday, LinkedIn reported higher-than-expect Q3 revenue of $139.5 million, more than doubling last year's revenue. The company also beat analyst expectations of $128 million for the quarter. Li...
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