Topic: Facebook Inc.
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Facebook IPO: Six key dates in its debacle
Facebook's first week as a publicly traded company will go down as a terribly botched corporate launch, perhaps one of the worst in recent history for such a highly visible entity. Eight days ago, it was the tech world's most highly anticipated initial public offering in eight years. Now, the social media company faces mounting legal woes and serves as an embarrassing example of how not to run an IPO. Despite rising insider pessimism about its growth prospects, Facebook kept boosting its asking price and the number of shares it would sell. The result: billions of dollars in losses; investigations by two congressional committees, the Securities and Exchange Commission (SEC), an industry watchdog, and the state of Massachusetts; at least 13 class-action lawsuits; and thousands of resentful shareholders who days later still were unsure how many Facebook shares they had or at what price. Here are six key dates in Facebook's unfolding IPO disaster.
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Commencement season: Speakers share inspiration, insight, and advice with college grads
It’s college graduation season and the strains of “Pomp and Circumstance,” which began in late April, will be heard at commencement ceremonies until mid-June. Many more speeches have yet to be given that impart the usual pearls of wisdom and advice on pursuing dreams, being daring, and contributing to society. Here’s a sampling of excerpts from speeches given to graduates around the country.
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6 stories about life with your adult children
In "Slouching Toward Adulthood," Sally Koslow shares what she learned about the differences between the boomer and Facebook generations.
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Facebook stock: 6 intriguing investors
Facebook stock will make many people suddenly wealthy when it begins trading this Friday. The company is expected to be valued somewhere around $100 billion, with stock expected to sell anywhere between $34 and $38 per share. Here are six of the more unexpected people set to make a killing with initial public offering of Facebook stock, including a rock star, a graffiti artist, and pair of Mark Zuckerberg’s enemies.
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Briefing
Facebook IPO: five things to know before buying the stock
About 1 out of every 8 people on the planet have a Facebook account. Now, with the arrival of a public stock offering, all those people have a chance to be part owners of this social hub. Should you buy? Here are five things to consider.
All Content
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Tech stocks: Some reach 'cult' status
Tech stocks like Apple and Google have cult status, says tech stocks analyst, despite their weaknesses.
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Backchannels
Good Reads: No cyber-utopia for activists
Activists in Syria and elsewhere may find it ever easier to connect online. But the governments that want to thwart them are watching.
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Syria: Opposition protests will test uncertain truce
The opposition plans broad protests tomorrow in an effort to call attention to ongoing abuses in the country.
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Vox News
'Fox Mole' ousted: Whistle-blowing hero or disloyal self-promoter?
The Fox Mole, an insider who wrote horrible things about Fox News, has been identified and fired in a fresh parable about how new media tools are creating new workplace issues.
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'Caine's Arcade': sweet film starring pint-size entrepreneur goes viral (+video)
'Caine's Arcade,' a short film about the innocent determination of a Los Angeles boy who made an entire arcade out of cardboard boxes, has become an Internet sensation.
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Facebook passwords: why companies don’t use them to see your posts
Several states are considering laws to bar companies form asking for applicants’ social media passwords. But the social-media world is easily mined even without passwords, experts say.
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It's not just Instagram. The 'app economy' is taking off.
Facebook's $1 billion purchase of smartphone app Instagram is just the tip of the iceberg. Apps represent a $20 billion industry employing nearly 500,000 people.
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Post-parenthood: When adult children move home, is it OK to be friends?
Facing a slow economy, three of our children moved back home after college. New unemployment figures show we're not alone. I worried: Are these roommates? What are the rules? Beyond the questions, something strange and wonderful was taking place. Mirth. And laughter.
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Change Agent
GoodGuide and others use technology to help turn consumers green
A host of companies and nonprofits are using technology – from smartphones to social networking – to make it easier for consumers to choose environmentally friendly products.
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Instagram: Zero sales. $1 billion price tag. Worth it?
Facebook plans to spend $1 billion for the photo-sharing company that is wildly popular but has no way of making revenue off of them. Here's why Facebook thinks Instagram is worth it.
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Facebook to buy Instagram for $1 billion. Why so much? (+video)
Facebook CEO Mark Zuckerberg announced plans on Monday to acquire the photo sharing app Instagram. What could the future of their partnership hold?
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Tulsa shootings suspects appear in court, bail set at over $9 million apiece
Jake England, 19, and Alvin Watts, 32, appeared via closed-circuit television from jail. Both are being held on suspicion of three counts of first-degree murder, two counts of shooting with the intent to kill and one count of possession of a firearm in the commission of a felony. They will be formally charged at a later date.
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Race in America: Trayvon Martin, Tulsa killings raise contentious questions
Troubling cases involving race, including the Trayvon Martin shooting and this week's killing of several blacks in Tulsa, Okla., raise difficult social and political issues for many Americans.
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Facebook argument leads to shots fired at Ga. Waffle House
Investigators tell WRDW-TV they took one woman into custody after they say she fired four shots in the air outside the restaurant in Augusta around 5 a.m. Friday.
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Board seeks Marine's dismissal over 'contemptuous' anti-Obama Facebook comments
The Marine Corps administrative board said after a daylong hearing late Thursday at Camp Pendleton that Sgt. Gary Stein has committed misconduct and should be dismissed.
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Appeals court reinstates Viacom lawsuit against Google's YouTube
The court ruling Thursday allows Viacom and other entities to sue Google over the use of copyrighted video on the internet search engine's YouTube video platform.
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Athens suicide: a cry for dignity from downtrodden (+video)
The pensioner who committed suicide in Athens' main square said it was his only dignified option before pension cuts forced him to forage for food in the trash.
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Egypt clerics: Brotherhood candidate promised Shariah law is final goal
Campaign dealmaking is a sign of how the Brotherhood, which is Egypt's strongest political movement and presents itself to the public as a moderate force, could be pushed into a more hard-line agenda by competition from the ultraconservatives known as Salafis.
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The Hunger Games: Great book. Good movie. Dangerous video game?
Lionsgate is looking to make "The Hunger Games" into a video game. But considering the plot of Suzanne Collins' books, designers must balance the series' graphic fight scenes with its PG-13 audience.
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Chapter & Verse
Is Ann Patchett the female Jonathan Franzen?
In some respects, Jonathan Franzen and Ann Patchett seem separated at birth – except for all the ways in which they are polar opposites.
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New Yahoo CEO Scott Thompson cuts 2,000 jobs
Yahoo CEO Scott Thompson announced the company would be laying off 2,000 employees on Wednesday in order to take the "next step toward a bold, new Yahoo."
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Moscow Ambassador McFaul's 'reset' with Kremlin stumbles
Michael McFaul's appointment as US ambassador to Russia was expected to be a home run, but he has ruffled feathers and the Kremlin is lashing out.
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Fantasy football fans: Do you know where your favorite apps are made?
Last season’s popular Facebook fantasy football app was developed in Karachi, Pakistan, a city known more for its chronic ethnic and sectarian bloodshed than football.
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1940 Census data: A treasure trove for con artists?
Data from the 1940 census, released Monday, has excited Americans looking for more information about their heritage. But the information could also help identity thieves.
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Osama Abu Ayyash tells his story to Israelis who've never met a Palestinian
Osama Abu Ayyash visits Israeli classrooms, telling his story of loss and forbearance to humanize Palestinians to Israelis who may have never met one.



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