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Friday, 18 May 2012 07:44 |
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MILAN (Reuters) - An executive at Mediaset said on Friday internet giants could challenge Italy's biggest commercial broadcaster's business model in coming years, while the advertising outlook remains grim. Mediaset, controlled by ex-prime minister Silvio Berlusconi, is Italy's leading advertising seller but in the last few years its dominance has...
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Friday, 18 May 2012 05:46 |
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Users of the microblogging site are remembering former Joy Division frontman Ian Curtis, who passed away on this day 32 years ago, grieving for disco queen Donna Summers and asking questions of band The Script.
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Friday, 18 May 2012 05:04 |
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Ahead of Apple's WWDC on June 11-15 Google + users are buzzing about rumors that the latest iPhone, the iPhone 5, could feature a 4" or bigger display.
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Friday, 18 May 2012 02:19 |
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If you've ever dreamed about connecting your entire home to the Internet -- so that appliances could start by themselves or you could receive text message alerts to maintain housekeeping -- it looks like your dream is ready to become a reality....
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Thursday, 17 May 2012 23:33 |
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NEW YORK (Reuters) - A lot of loyal Facebook fans and occasional investors are discovering a hard truth this week: Money and connections talk, especially when it comes to a hot deal handled by Wall Street. The scramble for shares in what is one of largest initial public offerings in U.S. history quickly divided the haves from the have-nots on...
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Thursday, 17 May 2012 23:08 |
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(Reuters) - Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history. Valued at $104 billion, Facebook is larger than Starbucks Corp and Hewlett-Packard combined, sparking intense speculation on how much...
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Thursday, 17 May 2012 21:13 |
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DETROIT/NEW YORK (Reuters) - Facebook may only have itself to blame for why General Motors rained on its IPO parade this week. GM announced the decision to drop Facebook paid ads on Tuesday in what was the first highly visible crack in Facebook's strategy and illustrated doubts about its perceived advantage over traditional media. GM's decision...
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Thursday, 17 May 2012 20:31 |
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Hewlett-Packard is poised to eliminate as many as 30,000 jobs to compensate for dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets, according to reports published Thursday....
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Thursday, 17 May 2012 19:53 |
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NEW YORK (Reuters) - Morgan Stanley Smith Barney, one of the three lead underwriters on the Facebook Inc IPO, has increased the number of Facebook shares it will allow advisers to allocate to each client account. The firm previously set a cap of 500 shares per retail client, but e-mailed advisers late on Thursday afternoon that it had increased...
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Thursday, 17 May 2012 18:15 |
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NEW YORK (Reuters) - A lot of loyal Facebook fans and occasional investors are discovering a hard truth this week: Money and connections talk, especially when it comes to a deal handled by Wall Street. The scramble for shares in what is one of largest initial public offerings in U.S. history quickly divided the haves from the have-nots on...
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Thursday, 17 May 2012 18:11 |
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The United Nations and the Brazilian government are launching an Internet debate around 10 themes for a green planet to elicit suggestions from experts and the public for next month's Rio+20 summit.
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Thursday, 17 May 2012 16:51 |
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NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc priced its initial public offering at the top of its target range to raise more than $16 billion, as strong demand, particularly from retail investors, fuels anticipation of a big pop in the stock when it begins trading Friday on the Nasdaq. Predictions of how much the stock will rise on its first...
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Thursday, 17 May 2012 16:28 |
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NEW YORK (Reuters) - Investors who managed to buy Facebook Inc shares ahead of the No. 1 social network's initial public offering might want to think twice before "flipping" them. Brokerages can impose restrictions on participating in future IPOs for those trying to profit from market debuts. Some serial flippers could even face lifetime bans....
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Thursday, 17 May 2012 16:27 |
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Comcast Corp., the country's largest Internet service provider, is going to start charging extra when customers go over a certain monthly data limit....
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Thursday, 17 May 2012 16:06 |
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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 provided Facebook Inc.'s social...
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Thursday, 17 May 2012 07:36 |
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(Reuters) - Social networking site Pinterest has raised $100 million from a group of investors led by Japanese online retailing giant Rakuten Inc in a deal that reportedly values the three-year-old U.S. company at $1.5 billion. Rakuten said it was joined in the capital-raising by existing shareholders Andreessen Horowitz, Bessemer Venture...
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Thursday, 17 May 2012 06:27 |
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SINGAPORE (Reuters) - Even as Facebook fever grips investors ahead of the social networking giant's potential $100 billion-plus initial public offering, its breakneck growth in Asia may be slowing as it moves beyond desktop users to those who access the Internet largely or solely from a mobile phone. In March, Facebook revised its own SEC filings...
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Wednesday, 16 May 2012 23:38 |
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Australian police warned Thursday that paedophiles were using Internet live-streaming sites to order "bespoke" child sex crimes for real-time viewing, from countries including the Philippines.
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Wednesday, 16 May 2012 20:04 |
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NEW YORK/LONDON (Reuters) - General Motors Inc's decision to stop advertising on Facebook may be a wake-up call for the No. 1 social network, but Top advertising executives say it's far too early to know if the site will take off as an advertising platform. "There's a lot of potential but it's not a slam-dunk," said Martin Sorrell, chief executive...
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Wednesday, 16 May 2012 20:00 |
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NEW YORK (Reuters) - Investors who want Facebook Inc shares when the No. 1 online social network goes public later this week may have lost the opportunity. TD Ameritrade and Fidelity's brokerage arm both stopped accepting orders of Facebook shares as of Tuesday evening, according to representatives for each of the companies. Morgan Stanley & Co...
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Wednesday, 16 May 2012 19:51 |
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SAN FRANCISCO (Reuters) - The rich are going to get richer when Silicon Valley's biggest IPO starts trading on Friday. Facebook this week raised the number of shares it intends to float by 25 percent to 421 million shares, and lifted the target price range to $34-$38 per share as investors clamored for a slice of the third-largest IPO in U.S....
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