Internet / Social Media
Facebook Hits New Low After Price Target Cuts
Shares of Facebook Inc
more headlines
Zynga's Creative Chief Exits, Plans Zynga-Backed Start-Up
Zynga Inc's chief creative officer Mike Verdu has quit to start his own company, becoming the latest top-level executive to depart the struggling social games maker in past weeks.
Second Accused Lulzsec Hacker Arrested in Sony Pictures Breach
A second suspected member of the clandestine hacking group LulzSec was arrested on Tuesday on charges he took part in an extensive computer breach of Sony Pictures Entertainment, the FBI said.
Yahoo CEO Mayer Names Former Amazon Executive as New Marketing Chief
Yahoo Inc named veteran executive Kathy Savitt its chief marketing officer on Monday in the latest move by new CEO Marissa Mayer to overhaul her top leadership team.
Saudi Aramco Says Most Damage from Computer Attack Fixed
Saudi Aramco, the world's biggest oil producer, has resumed operating its main internal computer networks after a virus infected about 30,000 of its workstations in mid-August, the company said on Sunday.
New Facebook For iOS: Faster, Better & With Timeline For iPad – Available Now
Facebook Inc. finally launched a faster mobile version of its popular social networking site on Thursday, Aug. 23, appeasing users unsatisfied with the Facebook app for iPhones and iPads. The social giant said it rebuilt the application from the ground up rather than adding a set of new features, thus making it speedier and less clunky.
Facebook Co-Founder Moskovitz Sold Stock Post Lockup
Facebook Inc co-founder Dustin Moskovitz sold 450,000 Class A shares over the past three days, his second such sale since last Friday, becoming the latest insider to sell shares following the end of the lockup, according to a regulatory filing late on Friday evening.
Miiverse is a Social Network, Not the Next Xbox Live
In an interview with Kotaku, Nintendo president Satoru Iwata spoke about Miiverse, the online hub for Nintendo's upcoming gaming console Wii U. Iwata consistently stressed that Wii U is not about removing antagonism between gamers; instead, it is about creating connections.
Groupon Senior Sales Executive Leaving - Memo
Groupon Inc's Lee Brown, who oversees the daily deal company's national sales, has decided to leave, following other senior executives who left the company this year, according to an internal memo obtained by Reuters on Thursday.
Amazon Event on September 6 Sparks Kindle Speculation
Amazon.com Inc sent out invitations on Thursday to a September 6 press conference near Los Angeles, re-igniting speculation about possible new tablet devices from the world's largest Internet retailer.
UBS Says Nasdaq's Facebook Compensation Plan Inadequate
The $62 million compensation plan proposed by Nasdaq OMX Group for fallout from Facebook's botched IPO is "inadequate to address the magnitude of Nasdaq's unprecedented failures", UBS Securities LLC said in a letter to U.S. regulators.
Citigroup Slams Nasdaq's Facebook Compensation Plan
Citigroup slammed Nasdaq OMX Group Inc's plan to compensate firms harmed by Facebook's botched market debut to the tune of $62 million, saying in a regulatory filing the exchange should be liable for hundreds of millions more, according to a letter seen by Reuters.
Ancestry.com Bids Fall Short of Expectations: Sources
Bids submitted earlier this month by private equity firms for Ancestry.com, the family-history research website, have fallen short of the company's expectations, according to two people familiar with the matter.
