Facebook shoots for $5 billion in mega-IPO

Tweet SAN FRANCISCO (Reuters) – Facebook filed on Wednesday to raise a targeted $5 billion in a hotly anticipated initial public offering, setting the stage for Silicon Valley’s biggest-ever IPO. The rest is here: Facebook shoots for $5 billion in mega-IPO  Read More →

Road to IPO: Milestones in Facebook’s history

Tweet Some key developments in the eight years since Facebook’s creation:… See original here: Road to IPO: Milestones in Facebook’s history  Read More →

Microsoft slams Google user data policy in new ads

Tweet LOS ANGELES (AP) — Microsoft Corp. took out full-age ads in major newspapers Wednesday, slamming privacy policy changes at search rival Google Inc. that allow it to internally merge the data it collects on user activity across services such as YouTube and Gmail…. Original post: Microsoft slams Google user data policy in new ads  Read More →

Hackers attack Brazil’s largest state-run bank

Tweet SAO PAULO (AP) — A group of Internet hackers said Wednesday it took down the website of the Banco do Brasil, Brazil’s largest state-run bank. It’s the third such attack against financial institutions in a week…. More: Hackers attack Brazil’s largest state-run bank  Read More →

Judge allows SC Twitter lawsuit go move forward

Tweet COLUMBIA, S.C. See the rest here: Judge allows SC Twitter lawsuit go move forward  Read More →

Barnes & Noble says it won’t stock Amazon titles

Tweet NEW YORK (AP) — Barnes & Noble is attempting to irk its publishing rival Amazon.com Inc. by not stocking Amazon published titles in its stores…. Originally posted here: Barnes & Noble says it won’t stock Amazon titles  Read More →

Nonprofit to help Megaupload users retrieve data

Tweet WELLINGTON, New Zealand (AP) — Users of the file-sharing website Megaupload who feared their data could be deleted as early as Thursday have a reprieve after a nonprofit group stepped in at the eleventh hour…. More: Nonprofit to help Megaupload users retrieve data  Read More →

Malaysia grants license to Aussie rare earth plant

Tweet KUALA LUMPUR, Malaysia (AP) — Malaysia on Wednesday granted a license for an Australian mining company to operate the first rare earths plant outside China in years, despite public protests over fears of radioactive contamination…. Read more: Malaysia grants license to Aussie rare earth plant  Read More →

Sony names Hirai president and CEO, replacing Stringer

Tweet TOKYO (Reuters) – Sony Corp named Vice President Kazuo Hirai as president and CEO, replacing Howard Stringer who will step down from day-to-day management in a long-expected change for a company struggling to regain its driving force in consumer electronics. Link: Sony names Hirai president and CEO, replacing Stringer  Read More →

Ukraine shuts down leading file-sharing site

Tweet KIEV, Ukraine (AP) — Ukrainian authorities say they have shut down a popular file-sharing website, saying it violated copyright laws…. Read the original post: Ukraine shuts down leading file-sharing site  Read More →