Facebook suddenly spikes at the close on a surge in volume, ending above $33. Yesterday (Wednesday) it's up almost exactly $1, today it's up almost exactly $1. Looks like suddenly FB has acquired a friend of the court, doesn't it? Who could that be? Read More
Lady Gaga is launching her own social network this summer, but the niche social website isn't meant to lure people away from Facebook, said Matthew Michelsen, CEO and founder of Backplane, the start-up company that is building Lady GaGa's social network. Read More
Sen. Chuck Schumer's disapproval of Eduardo Saverin's move to Singapore has led several commentators and pundits to praise Saverin for taking a stand against the U.S. tax code. Read More
Conflict-of-interest arguments are brewing about whether Morgan Stanley and other banks were allowed to make significant downward adjustments to Facebook's financial estimates during the deal's 9-day marketing period. Read More
Citadel Securities is the latest firm to report “significant losses” from Facebook trades on behalf of clients, according to people familiar with the situation. Read More
On Wednesday night Yahoo unveiled Yahoo! Axis, a slick new mobile browser and desktop browser plug-in that lets you view visual search thumbnails of webpages, without leaving the page you're on. Read More
Facebook on Thursday announced a new application for the iPhone and iPod Touch called Facebook Camera , which is intended to make it easier to take pictures and share them on Facebook. Read More
Successful startup search engine DuckDuckGo is proving to Google, Facebook, and other Internet giants that being a big fat bird on the wire is no longer beautiful. Read More