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Current DateTime: 09:21:58 29 May 2012
LinksList Documentid: 46193199
Expiration DateTime: 5/29/2012 9:24:39 PM
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    Tuesday, 29 May 2012 10:21 AM ET
    By: AP

    Mark Zuckerberg
    Getty Images
    Mark Zuckerberg

    Social media sites and blogs have lit up after eagle-eyed viewers spotted a surprise cameo in a Chinese TV documentary about the country's police force: Facebook founder Mark Zuckerberg and his now-wife, Priscilla Chan.

    The documentary by CCTV was part of a series on Chinese police and high-tech crime-solving methods. A few seconds of footage showing Zuckerberg and Chan walking behind two police officers were shown included in a brief clip posted online by the Hebei province satellite station.  » Read More

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    Thursday, 24 May 2012 10:42 AM ET
    By: Reuters

    Microsoft
    Photo by: Robert Scoble
    Microsoft

    Europe's second-highest court will rule on June 27 whether EU regulators were justified in fining Microsoft [MSFT  Loading...      ()   ] 899 million euros ($1.1 billion) four years ago for failing to comply with an antitrust ruling intended to make business easier for its rivals.

    The European Commission imposed the fine — a record at the time — after the U.S. software group failed to provide information to firms with competing products, as had been ordered by the EU watchdog in 2004.  » Read More

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    Thursday, 24 May 2012 10:29 AM ET

    Despite an eyebrow-raising 27,000 layoffs, Hewlett-Packard CEO Meg Whitman said Thursday that the company is in just the early stages of an ambitious reorganization to turn around a slide in profit.

    Meg Whitman
    Photo: Max Morse | Wikipedia
    Meg Whitman

    Speaking to CNBC the day after Hewlett-Packard[HPQ  Loading...      ()   ] announced the 8 percent workforce reduction — and a 31 percent earnings drop — Whitman said she's been busy conducting a top-to-bottom reorganization.

    The company said the layoffs will be done mostly through retirement and save up to $3.5 billion between now and 2014.

    "We're turning around a very big company with five major lines of business," she said. "We're introducing a lot of change, which is absolutely necessary to turn Hewlett-Packard around. My view is we say what we mean, mean what we say. So we wanted to give guidance that took into account the entire landscape that we see over the next three months."

     » Read More

  •  
    Tuesday, 22 May 2012 5:07 PM ET
    By: AP

    A Silicon Valley tech executive faces charges after authorities say he put fake bar codes on hundreds of Lego sets at various Target stores so he could buy the toys at steeply discounted prices, then sell them online for thousands of dollars in profits.

    Target
    Rusty Kennedy

    Thomas Langenbach, 47, was scheduled to appear in court Tuesday on four counts of burglary.

     » Read More

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    Tuesday, 22 May 2012 3:44 PM ET
    By: AP

    Couch potatoes everywhere can pause and thank Eugene Polley for hours of feet-up channel surfing. His invention, the first wireless TV remote, began as a luxury, but with the introduction of hundreds of channels and viewing technologies it has become a necessity.

    Remotes have come a long way since they first appeared in the 1950s.

    Just ask anyone who's lost a remote.

    Polley died of natural causes Sunday at a suburban Chicago hospital, said Zenith Electronics spokesman John Taylor. The former Zenith engineer was 96.

     » Read More

  •  
    Monday, 21 May 2012 9:50 PM ET
    By: Reuters

    Federal prosecutors on Monday announced insider trading charges against a former Yahoo employee and a fund manager for illegally sharing and trading on secret company information.

    Yahoo!
    Getty Images
    The exterior of Yahoo! corporate headquarters in Santa Clara, California.

    The pair pleaded guilty in Manhattan federal court on Monday, the Manhattan U.S. Attorney's office said in a press release.

    They were also charged by U.S. securities regulators in a parallel civil proceeding. The SEC said it is pursuing a civil settlement with the two.

    Prosecutors said Robert Kwok, 36, a former senior director of business management at Yahoo [YHOO  Loading...      ()   ], had illegally tipped Reema Shah, 40, about an impending July 2009 partnership between Yahoo and Microsoft [MSFT.O  Loading...      ()   ].

    Based on the tip, Shah, who worked at a subsidiary of Ameriprise Financial [AMP.N  Loading...      ()   ], bought 700,000 Yahoo shares and cleared $389,000 in illegal profits, prosecutors and the U.S. Securities and Exchange Commission said.

     » Read More

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    Monday, 21 May 2012 12:55 PM ET
    By: Brett Molina, USA Today

    Microsoft so.cl
    Source: so.cl
    Microsoft's new social network, so.cl

    Microsoft is taking a shot at social networking.

    The company rolled out access to its social search site So.cl to the general public. The service was initially available to students at a select number of universities.

    According to a FAQ on So.cl's site, it combines "social networking and search, to help people find and share interesting web pages."  » Read More

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    Monday, 21 May 2012 11:15 AM ET
    By: Reuters

    CNBC.com

    The European Union's antitrust chief on Monday ratcheted up the pressure on Google [GOOG  Loading...      ()   ], giving it a matter of weeks to settle an investigation into allegations of anti-competitive behavior and avoid formal charges and a possible fine.

    Even if the world's most popular search engine offers concessions to resolve the issue, it will still be under the EU spotlight following fresh complaints over its Android mobile software, the top operating system for Internet-enabled smartphones.  » Read More

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The Facebook IPO


Current DateTime: 09:21:58 29 May 2012
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  • Complete Coverage

      Get up-to-the-second breaking news on the Facebook IPO, including in-depth coverage, expert analysis, and Facebook’s stock price.


CNBC Webinar


Current DateTime: 09:21:59 29 May 2012
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  • Inside Facebook’s Money Machine

      How does Facebook make money, and what are the risk factors it lists for its initial public offering? See CNBC’s Julia Boorstin’s May 3 webinar presentation.



Technology Editor


Current DateTime: 09:22:00 29 May 2012
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  • Cadie Thompson

      Editor of CNBC.com's Tech Section, always plugged in and yet also wireless.


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Current DateTime: 09:22:00 29 May 2012
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