Business News »
Facebook Sued Over IPO Scandal With Morgan Stanley
Where’s the dislike button when you need it? Facebook definitely needs it this week after a disastrous past five days. Shares of Facebook ended at $38 on its first day of trading, exactly where
Read More »
HP Earnings Force 27,000 Layoffs
HP reported much lower earnings than projected, likely due to the recent toss-up of their business strategy and leadership. Unfortunately for HP employees, this translates to a significant reduction of workforce. Almost 10% of
Read More »
EU Antitrust Regulators Target Google
In November 2010, the EU launched an investigation to probe the California-based company. Google has not been the only company to be targeted, it finds itself along with 14 others (including Microsoft and Expedia). After
Read More »
Google’s Acquisition of Motorola Mobility is Complete
The $12.5 Million deal to acquire Motorola Mobility has finally closed. Both US and European Union governments approved the deal months ago but China was the last hurdle. Thankfully for Motorola, who have been
Read More »
Opinion: The Deal With Facebook Stock Trading
Dear America, please stop being lemmings when it comes to investing, make informed decisions, and stick to your guns! Welcome to America, land of instant gratification! Apparently, after a coma induced by the hyped
Read More »
Dislike! Facebook Stock Down 13% To Start The Week
Facebook has consistently refused to implement a dislike button, but after this morning’s stock performance, they may want to reconsider (at least for investors). Shares of Facebook (FB) are down over 13% to start
Read More »
Alibaba to Purchase Stock Back From Yahoo
Yahoo plans to sell half of its 40% stake in Alibaba pending approval from the board of directors of both companies. This seems to be the end of an ongoing saga between the two
Read More »
Facebook IPO Date Finally Here, Price Set At $38 Per Share
The long-awaited day is finally here – Facebook will launch their IPO this morning at 11:00am EST at an initial price of $38 per share. By the closing bell at 4:00pm EST, almost 1,000
Read More »Facebook IPO: Everything You Need To Know For Friday
After several months of rumors, updates, and commentary, tomorrow will be the official launch date for Facebook’s well-anticipated IPO. We at pnosker.com have been covering the Facebook IPO for the last few months, and
Read More »
Microsoft Takes A Gamble With Barnes & Noble’s Nook
Microsoft is pumping $605 million into Barnes and Noble’s digital book business, which is going to amount to a 17.6% stake in the company. This is a move by the technology giant to diversify
Read More »
