Internet / Social Media

Facebook Changes IPO Pitch in Boston, Scraps Video

Facebook Inc's initial public offering pitch played to some bad reviews in New York, so for its Boston audience on Tuesday, the 30-minute video was scrapped and the company took more questions from analysts and potential investors.

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  • Yahoo Director Who Led CEO Search Won't Seek Re-Election: Source

    Yahoo Inc director Patti Hart, who led the hiring of CEO Scott Thompson, will give up her seat on Yahoo's board as the Internet company launches an investigation into the chief executive's educational background.

  • Japan's Social Media Heavyweights Scrap Gambling Games

    Japan's leading social gaming companies Gree Inc and DeNA Co Ltd said on Wednesday they would gradually phase out games that contain aspects of gambling as they face increased pressure from regulators.

  • Google Gets First Self-Driven Car License in Nevada

    Google's self-driven cars will soon be appearing on Nevada roads after the state's Department of Motor Vehicles approved on Monday the nation's first autonomous vehicle license.

  • Social Media Stress? There's an App for That

    Nestle, purveyor of the decades-old KitKat snack, has launched an app it says addresses a growing problem among young social media users - giving them a break from the stress of posting updates by doing it for them.

  • Yahoo CEO Apologizes in Memo, Board Meets: Source

    Yahoo Inc's board convened on Monday afternoon to discuss the mounting upset surrounding Chief Executive Scott Thompson, who has apologized to employees after being accused last week by activist investor Daniel Loeb of padding his resume, a source with knowledge of the matter said.

  • NotCompatible Trojan May Attack Compromised Corporate Network

    Android smartphone and tablet users must be aware of a Trojan horse spreading under the hood. Coined as "NotCompatible", a new malware is spreading itself through hacked web sites, targeting Android users, along with being a threat to corporate networks and their security.

  • LG Electronics to Launch Google TV in U.S. in Late May

    LG Electronics Inc, the world's No.2 TV maker, plans to launch Internet-enabled TV based on Google's platform in the United States in the week of May 21, as the South Korean firm seeks to gain a larger share of the emerging Internet TV market, a senior LG executive said on Monday.

  • Adobe Warns Flash Player Exploit, Releases Emergency Patch

    Hackers are exploiting critical vulnerabilities in Flash Player, Adobe warned users Friday. It has since released an emergency patch.

  • Yahoo in Talks to Sell 15-25 Percent of Alibaba: Source

    Yahoo Inc could be weeks away from selling 15 to 25 percent of Alibaba Group's stock back to China's largest e-commerce company, in a deal designed to eliminate complexities that had scuttled the parties' previous negotiations, a person familiar with the matter said.

  • EBay, Wal-Mart Search for Revved-up Search Engines

    EBay Inc and Wal-Mart Stores Inc are developing new Web search engines to better compete against Amazon.com Inc in the fast-growing e-commerce market.

  • Facebook Plans to Raise $10.6 Billion in Mega IPO

    Facebook Inc aims to raise about $10.6 billion in Silicon Valley's largest IPO, dwarfing the coming-out parties of tech companies like Google Inc and granting the world's largest social network a market value close to Amazon.com's.

  • Almunia Says Won't Rush Google Antitrust Decision

    EU regulators are in no rush to decide any antitrust charges against Google, in a complicated investigation into complaints by rivals about its search results, the EU's competition chief said on Friday.