Why Facebook still doesn't look cheap

If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days.

Facebook looks to settle 'sponsored story' suit

Web series touts funky concept snowboards

In the summer of 2010, Signal Snowboards created the Web series "Every Third Thursday" to showcase the company's experimentation with funky concept boards. Think Science Channel’s “How It’s Made” — except with a lot more sass and a funkier setting.

Facebook working on redesign of unpopular “Timeline” feature

Award-winning Chevy Volt commercial proves electric hybrids will keep you safe from zombies

Follow the Kentucky and Arkansas Primaries on Social Media

SAP to buy Ariba for $4.5B, extending cloud push

New ad zapper has TV networks worried about sales

Google completes Motorola deal, heralding new era

Google has completed its $12.5 billion purchase of device maker Motorola Mobility in a deal that poses new challenges for the Internet's most powerful company as it tries to shape the future of mobile computing.

ICANN resumes bids for new Internet suffixes

Savored Android app supplies the meal deals

Insight: Morgan Stanley cut Facebook estimates just before IPO

(Reuters) - In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company. The sudden caution very close to Facebook's initial public offering - while an investor road show was under way - was a big shock to some, said two investors who were advised of the revised forecast. ...

Facebook settles lawsuit over "Sponsored Stories"

Summary Box: Google takes control at Motorola

Facebook IPO shows galactic divide between investors

Auto-Correct Is Not Ruining Spelling

Today in studies that claim the Internet is ruining our lives, the BBC informs us that auto-correct and spellcheckers have turned us into a bunch of illiterate idiots. But our spelling has been degrading for much longer than iPhone auto-correct has been around. In a survey of more than 2,000 British people, one third of the participants could not spell definitely and two-thirds could not spell separate. While that does sound scary, the survey doesn't indicate whether spelling is rising or falling in Britannia. ...

Dell results disappoint Street, shares dive

SAN FRANCISCO (Reuters) - Dell Inc forecast disappointing second-quarter revenue as U.S. and European corporate tech spending weakens and consumer personal computer sales continue to shrink, hammering its shares. Shares in the company, which like rival Hewlett-Packard Co is losing market share to mobile devices such as Apple Inc's iPad, dived more than 11 percent in after hours trade. The world's No. 3 PC maker forecast a 2 to 4 percent revenue gain this fiscal quarter, to $14.7 billion to $15 billion, well short of the $15.4 billion Wall Street had been expecting. ...

WikiLeaks launches encrypted social network

Backers of the whistle-blowing organisation WikiLeaks recently launched Friends of WikiLeaks (FoWL), an encrypted social network for like-minded individuals. “Friends of WikiLeaks is a network of people from across the globe who defend WikiLeaks, its people, its alleged sources and its mission,” the website’s homepage says. “We publicly and privately promote WikiLeaks and individuals and organisations aligned with the mission of WikiLeaks. This site will help you to join with people like you in your area and across the world. You will make new friends and new allies, care for treasured values and fight in common cause.” Instead of having users find people to friend, as is the case with Facebook and Google+, Friends of WikiLeaks will assign users 12 friends each,

Savored Android app supplies the meal deals

Avago Technologies 2Q profit falls slightly

SAP to buy Ariba, boosts cloud bet

(Reuters) - Top European software company SAP AG plans to buy U.S. software maker Ariba Inc in a deal valuing the company at $4.3 billion in a bid to compete more aggressively against rival Oracle in the fast-growing cloud computing market. SAP and Ariba, a darling of the first dotcom boom that has since reinvented itself as a major networking and online commerce software developer, have agreed to the acquisition at $45 a share, a 20 percent premium over Monday's closing price. ...

Exclusive: Massachusetts subpoenas Morgan Stanley for Facebook

Why Facebook still doesn't look cheap

If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days.

News Summary: Online TV startup partial victory

Facebook looks to settle 'sponsored story' suit

News Summary: SAP to buy Ariba for $4.5 billion

How chips, PCs, services companies are faring

A look at recent tech-industry earnings

Aereo wins partial victory in broadcasters' suit

A Big Creepy Peruvian Tomb; 'Teen Mom' and the Daddy Complex

Discovered: Smoking bans scare some smokers, your relationship with daddy determines how you watch Teen Mom, get ready to have your DNA sequences, and a big creepy Peruvian tomb. Smoking bans cause a chunk of smokers to quit.  It's not a huge portion, but a study found that 5 percent of smokers quit after a ban went to effect in Spain. They say that means it is working. ...

Dell 1Q profit, 2Q outlook miss estimates

Prices of Facebook stock since long-awaited IPO

Funds with Facebook hammered as proxy by shorts

SAP wants to add Ariba CEO to management board

Amazon Appstore now allows Android users to Test Drive apps

The Amazon Appstore was updated on Monday to include the company’s popular Test Drive feature on Android devices. The retail giant previously allowed users to test apps using desktop browsers prior to purchasing them, but now trials can be tested on devices. “Today we begin the beta rollout of Test Drive on Android phones,” Amazon said. “Now customers can instantly try apps on their phone — where a majority of app purchases take place — without downloading or installing anything.” The Test Drive feature is currently available on more than 5,000 apps and is compatible with select Android handsets, however Amazon promises the feature will be rolled out to “many more” devices in the coming months. Read

SEC, FINRA to review Facebook issues, Nasdaq sued

(Reuters) - Two top U.S. financial regulators said the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq. After Friday's nearly flat close and Monday's 11 percent plunge, Facebook shares closed 8.9 percent lower at $31 on volume of 101 million shares. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ...

Dell profit plunges on disappointing sales

US computer maker Dell on Tuesday reported a 33 percent drop in profits in a disappointing quarterly report for former market leader.

Wall Street struggles to find Facebook's worth

Investor sues Nasdaq, alleges Facebook IPO bungled

SAP to buy Ariba for $4.5B, extending cloud push