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California Lawmakers Eye Revenue from Facebook IPO

Employees walk past the company logo at the new headquarters of Facebook in Menlo Park
California lawmakers are already drawing up plans for spending revenue generated from wealth tied to selling shares in Facebook, which took its first step toward its highly anticipated initial public offering on Wednesday.
Facebook Filing for $5-Bln IPO

Factbook: Facebook's Laundry List of Risks

Investors jumped on Facebook's regulatory filings on Wednesday for a glimpse into the company's inner workings ahead of one of the hottest initial public offerings in recent history. But there are also potential downsides.
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Open Text Q2 Profit Jumps 28%

Business software company Open Text posted a 28 percent jump in second-quarter profit on Wednesday on solid demand from services, technology and financial customers.
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Facebook execs gear up political influence arm

Preparing to join the ranks of publicly traded companies, Facebook Inc is also beefing up its presence in the U.S. capital with a first report of money pouring into its newly created political fundraising arm.
Facebook Filing for $5-Bln IPO

Facebook to File $5 Billion IPO Wednesday: IFR

Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the mega-IPO, sources close to the deal told IFR.
Facebook Filing for $5-Bln IPO

Facebook Filing for $5-Billion IPO: Key Facts and Statistics Behind Biggest Tech IPO

Facebook Inc. will list a preliminary fund-raising goal of $5 billion on Wednesday, which is smaller than some earlier estimates of the offering. The public stock offering will probably value the company at $80 billion to $100 billion. But how did simple status updates and random photos of users help create what will likely be the biggest tech IPO in till date? Let's try to find out here...
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Netflix says Congress can help bring Facebook app to U.S.

Netflix Inc on Tuesday urged a panel of senators to support legislation that it said would allow the company's U.S. users to share information on Facebook about the TV shows and movies they are watching through Netflix's service.
The End of Google as You Know It

Google Privacy Policy: The End of Google as You Know It

By consolidating its privacy policies and altering its core product, Google has separated itself from the reason everyone loved it. Before, it was simply the world's greatest search engine. Now, it's just another search bar. The new privacy policy gives Google the ability to monitor activity across all of its services, and I suspect that Google product will continue to bleed into each other. Prepare for the end of Google as you know it.
Etsy Handmade Shops

Etsy: Turning Artists into Entrepreneurs, Passion into Possibility

Assuming the power to change the entire world economy is no small feat, but Etsy is doing just that. Created in 2005 by Rob Kalin, a painter, carpenter and photographer who found there was no practical marketplace in which to sell his handiwork, Etsy now boasts over 12 million active members, 1.5 million Twitter followers and $467.8 million in sales through November 2011. Etsy is the classic Little Engine That Could story. After all, Etsy was built not on a mountain, but on a molehill; s...
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China dissident tried over Skype messages, poem

Chinese prosecutors cited a poem and messages sent on Skype against a dissident who stood trial on Tuesday, his son and his lawyer said, in the latest case highlighting the Communist Party's drive to silence political challengers.
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Twitter CEO says new policy is for transparency: report

Twitter Chief Executive Dick Costolo said the company's recently announced online content policy was meant to be a transparent way to handle government requests for the removal of certain content and did not mean it is actively monitoring Tweets, the Wall Street Journal reported.

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