Articles with the tag Featured

Facebook CTO Bret Taylor Calling It Quits At Facebook

Facebook CTO Bret Taylor is leaving the social network this summer to pursue new opportunities, Taylor announced his upcoming departure on Friday afternoon. Taylor will be teaming up with Google software engineer Kevin Gibbs on a new project that has yet to be named. Speaking to AllThingsD‘s Kara Swisher the Facebook CTO said: “I had […]

LastPass: Check To See If Your LinkedIn Account Password Was Compromised

6.5 million LinkedIn accounts were stolen on Wednesday and now password management firm LastPass has released a secure tool that allows users to check if their password was among those stolen. LinkedIn acknowledged the security breach after it was announced on a Russian forum and said it would contact affected users with details on how […]

Fidelity Dealing With “Thousands” Of Broker Complaints Over Facebook IPO

Fidelity Investments announced on Friday that it is dealing with “thousands” of complaints from brokerage clients over trading issues caused by Nasdaq’s first day glitches in the trading of Facebook IPO shares. While Facebook’s IPO launched one week ago Fidelity says investors are still trying to sort out issues that caused them to buy Facebook […]

Facebook Working On Lawsuit Settlement Over ‘Sponsored Stories’ Advertising

Facebook has agreed in “principle” to settle a lawsuit filed in April 2011. That lawsuit hurled allegations that Facebook’s “Sponsored Stories” breached user privacy. The lawsuit claims that Facebook did not provide an adequate way for users to opt out of the advertising program after it was launched in January 2011. The issue behind Facebook’s […]

Investor Sues Nasdaq As Facebook Shares Continue To Slide

The Nasdaq OMX Group was sued on Tuesday by Maryland investor Phillip Goldberg who claims in his lawsuit that the exchanged negligent handling of the Facebook IPO during opening day trading caused losses for investors. Goldberg is seeking class-action status on behalf of all investors who lost money after Facebook trading was delayed and mishandled […]

Stephen Colbert Joins Reddit Gifts Exchange For The Troops

The official Reddit Gifts for the Troops campaign received the support of a big celebrity name on Monday when Comedy Central funnyman Stephen Colbert announced he would be the programs first gift giver or “santa.” The initiative is part of the RedditGifts program which allows users to swap goods with each other in a secret-santa […]

Facebook Raises IPO Offering To $38 Per Share, $107 Billion Valuation

It took four months to finally get their paperwork in order with the SEC but Facebook on Thursday finally announced the initial cost of its IPO shares which will enter the market at a price of $38. At that price Facebook will have a market share of $107 billion, making it the largest IPO in […]