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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Facebook privacy concerns may dampen IPO
A new poll says that only 13 percent of Facebook users trust the service, while GM has announced they are pulling ads from the website.
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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.
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Should the police file on the man who killed Trayvon Martin stay secret?
Prosecutors in the Trayvon Martin case have presented their case against George Zimmerman's to the defense, increasing pressure on the judge to rule on their request to keep the evidence secret.
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Horizons
Facebook IPO: No, Facebook is not just a fad
Despite the coming Facebook IPO (or maybe because of the coming Facebook IPO), half of all Americans think the popular social network is a fad. They're wrong.
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Facebook IPO: Half of Americans say Facebook is a fad (+video)
Facebook IPO or not, a new poll shows skepticism. Could 900 million users worldwide be wrong? Half of those polled say the Facebook IPO price is too high.
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Yahoo CEO’s exit: debacle for company, and a warning for resume padders
Scott Thompson was hired as Yahoo CEO – the embattled company's fourth in five years – for his record as an executive, not the degrees on his resume. But the fabrication was costly.
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Has Norway given Breivik exactly what he wanted?
Norway's decision to try Anders Behring Breivik, the confessed killer behind the July 2011 terror attacks, is controversial because it gives him a very public platform from which to share his views.
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Horizons
For Bing and Google, the future of search is social
Over the next few weeks, Microsoft will overhaul its Bing search engine to incorporate results from Facebook, Twitter and other social networking platforms.
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Gay marriage: Clooney fundraiser a hint of coming Obama money boom (+video)
President Obama's support for gay marriage is energizing gay and lesbian activists, whose support could help offset Wall Street's support for Mitt Romney. The Clooney fundraiser was just a taste.
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Modern Parenthood
Romney a bully? A Columbine teacher's guide to shades of bullying
As Mitt Romney's high school buddies talk in the media about a case of bullying, a Columbine teacher's guide to the different shades of a bully may help guide your own analysis of his long-ago behavior or the behavior you see in teens today.
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Modern Parenthood
Proms and princesses: The Disney generation grows up
Proms and princesses: The Disney generation grows up and goes to high school, but the desire to look and feel like a princess does not necessarily go away. Savvy marketers have capitalized on the trend, and parents are paying for it.
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Saving Money
23 ways to save money on clothes
Americans spend an average of $1,700 per year on clothing and accessories. But there are plenty of ways to trim the bill and still look good.
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Broad coalition in Israel shows Netanyahu's centrist colors
By bringing the centrist Kadima party into his coalition, Prime Minister Benjamin Netanyahu can address some of the more fundamental problems Israel faces – including the moribund peace process with Palestinians – without a veto threat from the far right parties.
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The Beatles: Here come the sons?
Rumors swirl that the sons of the Beatles are considering starting a band.
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"Ten Most Wanted" fugitive claimed kidnapped girls were his daughters
Adam Christopher Mayes is wanted for kidnapping two girls two weeks ago after killing their mother and sister.
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Facebook IPO as a measure of social trust
Facebook's 900 million users are a trusting lot, in each other and Mark Zuckerberg. The Facebook IPO on May 18 will be a rare measure of trust in this one-seventh of humanity.
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Chapter & Verse
Jackie Kennedy, Susan Sontag, and Angela Davis: their Paris years
Jackie Kennedy, Susan Sontag, and Angela Davis may not have much else in common. But they'll always have Paris.
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Modern Parenthood
Video chat gaining in popularity among teenagers, study shows
Video chat is gaining in popularity among teenagers, a new study from the Pew Internet Project shows. Chatting via Facebook, Skype and other social network tools is becoming an important way for friends and families to stay connected.
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Modern Parenthood
Take your children to the park this weekend, and leave them there
Take your children to the park this weekend, and leave them there. That's the advice of our free-range parenting expert, who explains how simply taking your kids to the park can strengthen communities and instill independence.
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Keep Calm
Pakistan pushback: US is 'shifting blame' for Afghan insurgency
In India, US Secretary of State Hillary Clinton asked Pakistan to do more in taking on radical Islamist groups, including handing over Hafiz Saeed, thought to have had a role in the 2008 Mumbai attacks.
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A Disposition to Be Rich
The author's great-grandfather was the Bernie Madoff of his age – a Ponzi schemer and con man who cheated a US president and kidnapped his own son.
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On eve of Putin's inauguration, protest and reaction bigger than expected (+video)
Russian police cracked down with tear gas and hundreds of arrests after anti-Putin protesters in Moscow tried to cross a barricaded bridge.
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Alert: Major cyber attack aimed at natural gas pipeline companies
A major cyber attack is currently under way aimed squarely at computer networks belonging to US natural gas pipeline companies, according to alerts issued by the US Department of Homeland Security.
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Facebook IPO: World's most expensive dog and pony show
Facebook executives will make the rounds next week to convince fund managers and institutional investors that its initial public offering is worth $28 a share or more. With Facebook's valuing itself at up to $96 billion, it would be the biggest Web IPO ever.
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Latin America Monitor
Nicaragua divided over death of revolutionary leader
Tomás Borge was the last living founder of Nicaragua’s Sandinista Front for National Liberation (FSLN).



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