SOFTWARE

A month after the $16 billion mammoth but botched initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, the ice may be breaking for technology companies.

On May 18, Facebook closed its first day as a public company at $38.23, valuing itself around $105 billion. On Tuesday at mid-day, it traded near $31.50. Still, despite the vilification of the IPO, the slumping share price and dozens of class action lawsuits filed in federal courts in New York and California, Facebook, a damaged brand, has followed the advice of New York image guru Clive Chajet who said it should ignore the press and stick to its knitting.

Microsoft (Nasdaq: MSFT), the world's biggest software company, introduced its first tablet, Surface, to battle Apple (Nasdaq: AAPL) in the tablet sector

Facebook (Nasdaq: FB), the No. 1 social networking site, said it would pay $10 million to charity to settle a California lawsuit in which five members claimed it has violated their privacy rights.

"Everyone says, 'You have to be transparent, you have to be honest and open,'and then you are -- and then people want her head on a plate."

The top after-market NYSE gainers Friday were: Telecom Argentina, Banco Macro, Black Hills, World Wrestling Entertainment and Vocera Communications. The top after-market NYSE losers were: Magnum Hunter Resources, Perini Corp, Beazer Homes, Yelp and GFI Group.

Players 2 Fans, or P2F, is a sports entertainment media company with a focus on the sports industry.

Bigots have taken to Twitter and other websites to attack the legacy of gay porn star Erik Rhodes -- real name James Elliot -- who died at 30 years old in New York City on Wednesday night.

Watch live coverage of the Group D clash between England and Sweden in Kiev, plus a full preview, team news and prediction.

A month after the disastrous initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, investment bankers speculate social network site Yammer could be on the block.

It might be time to tell your computer-feeble grandma or your hippie uncle Ned to update their copies of Microsoft Corp.'s (NASDAQ: MSFT) Internet Explorer browser from that ancient version they downloaded way back in 1999 and never bothered to update. (Update? What's that?)

Amazon.com Inc. (Nasdaq: AMZN), the No. 1 e-retailer, said it would trim costs for its Cloud computing unit known as Amazon Web Services, which operates in 190 countries and serves clients like Netflix (Nasdaq: NFLX).

After issuing a warning last week, saying that it would block links from certain domains for misuse of the service, popular link-sharing website Reddit announced Wednesday that it had indeed banned a number of domains that included leading publications like The Atlantic and Businessweek.

Openet, one of Ireland?s flourishing software developers, said it raised an additional $21 million from investors in Japan, Europe and the U.S., bringing the cumulative total raised in 13 years to $55 million.

Yahoo Inc. (Nasdaq: YHOO) and CNBC of Comcast Corp. (Nasdaq: CMCSA) said Wednesday they would partner to share content and create Web videos.

Those e-mails weren?t accidents, nor were the accompanying solicitations for funds and support, a new report by ProPublica found. The process is growing and there?s little place to hide.

Apple iOS 6 Software will bring a whole host of updates to Siri in the fall, but the biggest tease during the WWDC keynote on Monday was Eyes Free; a feature that integrates Siri into your car.

In iOS 6, which was unveiled Monday at the 2012 Worldwide Developers Conference (WWDC) in San Francisco, Apple has decided to apply these same tactics of deep integration with Facebook, the world's largest social network with more than 900 million users. This is all great for Facebook, but what is Apple getting in return?

At the launch of Apple?s Worldwide Developers Conference on June 11, the company unveiled its upcoming operating system upgrade in addition to other revelations. A beta version of Apple?s iOS 6 was released to developers starting Monday, and more information about the new software has already allegedly begun to leak.

PC gamers have long awaited the release date for ?Diablo 3,? which launched nearly a month ago on May 15. The widely-perceived computer game has been a staple of the PC gaming genre since its inception, and the third installment is said to look even sharper on Apple?s new MacBook Pro featuring Retina display.

Just hours before Apple's yearly pilgrimage for developers kicks off Monday, an intriguing post at Chinese forum WeiPhone made much buzz around the tech world Sunday, claiming to have a full list of links to beta builds of iOS 6 and Safari 6 Developer Preview for OS X Lion.