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Summer is weeks away, but the fall book season has already started.
Facebook's stock is tumbling well below its $38 IPO price in the social network's second day of trading as a public company on Monday. Shares are down 11 percent in late morning trading.
Facebook Inc. stock has dropped below the initial public stock offering price in premarket trading Monday, an inauspicious start to the company's first full week of trading after its market debut Friday suffered some hiccups.
Tens of thousands of ultra-Orthodox Jewish men attended a rally Sunday at the New York Mets' stadium on the dangers of the Internet and how to use modern technology in a religiously responsible way.
Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.
The CEO of the Nasdaq stock exchange says it is "humbly embarrassed" by its bungling of Facebook's hugely anticipated debut as a public company on Friday.
Yahoo Inc. may finally be nearing a deal to sell half of its prized stake in the major Chinese e-commerce provider Alibaba.
Pakistan blocked the social networking website Twitter for several hours because it refused to remove tweets considered offensive to Islam, said one of the country's top telecommunications officials.
For Facebook founder and CEO Mark Zuckerberg, it was quite a week - from birthday, to IPO, to I DO.
Authorities in China have approved Google Inc.'s bid to buy phone maker Motorola Mobility, clearing the way for the $12.5 billion deal to close early next week.
A watchful eye has arrived on San Francisco's bar scene, but not to keep you in check. It just wants to check you out.
The metaphor is an easy one, overused and perhaps even a bit overwrought. We are forging forward into a digital frontier, leaving convention behind, traveling without guides into an uncharted virtual land where progress and profits are forever around the next bend.
In Silicon Valley, where sudden wealth is hardly something new and CEOs favor hoodies over bespoke blazers, Facebook's IPO on Friday didn't bring everyday life to a halt.
Facebook is the hottest Internet company to hit the stock market since Google went public in 2004. The Silicon Valley companies, located seven miles apart, also happen to be locked in a bitter battle for Web surfers' allegiance and online advertisers' money. The duel is likely to intensify now that the IPO has given Facebook Inc.'s social network billions of dollars to battle Google Inc.'s dominant search engine.
Key developments in the eight years since Facebook Inc.'s creation: