Los Angeles: Facebook's website suffered sporadic outages on Thursday (Friday in some time zones), anywhere from half an hour to two hours according to various blogs, tweets and affected users, but the company said the problem has been fixed. "Earlier today, some users briefly experienced issues loading the site. The issues have since been resolved and everyone should now have access to Facebook," company spokesman Michael Kirkland told Reuters. The...
02:43 PM, Jun 01, 2012
Waterloo: Research In Motion Ltd., the maker of the BlackBerry, is in steep decline. The company, once the crown jewel of the Canadian technology industry, is now worth 1 percent of Apple's market capitalisation. One way for RIM to stop the downward tailspin: It could sell itself to a competitor or financial firm. But who would step up to buy RIM -and why? Late Tuesday, the company said it expects...
10:27 AM, May 31, 2012
New Delhi: About a month and a half following the announcement that it is acquiring Instagram and a week after a lacklustre IPO, Facebook has launched a camera app called Facebook Camera. Facebook says the new mobile app, initially available the Apple iPhone, will make sharing of photos on Facebook faster. Users can also see their friends' latest photos at one place. "Now you can quickly share multiple photos all...
06:15 AM, May 25, 2012
Mumbai: An increasing number of teenagers in India are using social networking sites to remain in touch with each other with mobiles as their favourite gadget, said a study. The GenY Survey 2011-12 by Tata Consultancy Services (TCS) covered 12,000 high school students aged between 12-18 in 12 cities including Mumbai, Delhi, Kochi, Pune and Lucknow between July and December 2011. "While 84 per cent of the respondents had internet...
11:57 AM, May 24, 2012
Congressional committees are holding briefings, and a group of shareholders has filed suit against the social networking giant. ...
10:11 AM, May 24, 2012
London: A social network for the dying - called "My Last Wish" - has been created to help dying people meet others who have similar hopes and ambitions which they wish to achieve before they die. The free app, created by a software company called White Lotus Corporation, is available in Apple's App Store, the Telegraph reported. "A social networking application to make friendship with those unknown people from corners...
09:54 AM, May 23, 2012
New York: Shares of Facebook fell again at the open on Tuesday as doubts about the company's valuation increased after Reuters reported that underwriters cut their revenue forecasts for the social networking site shortly before the IPO. Facebook's shares hit a low of $31.73, 7.4 percent below Monday's close, and are now trading down 17.1 percent down from their $38 IPO price. The shares are down 30 per cent from...
07:30 PM, May 22, 2012
Facebook shares sank 11 per cent in the first day of trading without the full support of the company's underwriters, leaving some investors down almost 25 percent from where they were Friday and driving others to switch back to more established stocks. Facebook's debut was beset by problems, so much so that Nasdaq said on Monday it was changing its IPO procedures. That may comfort companies considering a listing, but...
12:47 AM, May 22, 2012
New York: Facebook's stock is tumbling well below its $38 IPO price in the social network's second day of trading as a public company on Monday. Investors and technology industry watchers are closely tracking the Menlo Park, Calif.-based company's shares. The world's largest online social network was one of the most anticipated initial public stock offerings ever, and now serves as a bellwether for other social media companies. Facebook's market...
07:57 PM, May 21, 2012
New Delhi: Microsoft has silently launched its social network So.Cl, which has been in private beta since December 2011. The site is now out of beta and is available to all users. So.cl, pronounced "social", is an experimental research project, developed by Microsoft's FUSE Labs, focused on exploring the possibilities of social search for the purpose of learning. So.cl combines social networking and search, to help people find and share...
01:37 PM, May 21, 2012
New York: Some investors who thought they had bought Facebook shares at the opening of trading were left without knowing for hours whether they had received the shares. The Securities and Exchange Commission is looking into the glitches in the trading of Facebook's initial public offering around the time of its scheduled debut Friday on the Nasdaq Stock Market. The glitches caused traders problems changing and canceling their orders. Nasdaq...
01:05 PM, May 19, 2012
Menlo Park: In Silicon Valley, where sudden wealth is hardly something new and CEOs favour hoodies over bespoke blazers, Facebook's IPO on Friday didn't bring everyday life to a halt. Employees weren't popping champagne corks at company headquarters, at least not where anyone outside could see them. And locals had plenty to do - from finding a job to locating the next Facebook. The company's sprawling headquarters along the southern...
12:52 PM, May 19, 2012
Sorkin, who won an Oscar for his screenplay on Facebook film The Social Network and created TV drama 'The West Wing', said on Thursday that he would be looking for an element of tension or an obstacle in Steve Job's life on which to hang the movie. Movie studio Sony Pictures announced on tuesday that Sorkin would adapt Walter Isaacson's best-selling biography of the enigmatic genius behind the iPod and...
11:36 AM, May 19, 2012
San Francisco: The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. Facebook shares began trading late Friday morning and opened 11 per cent above the $38 offering price, but after peaking at about $45 slid rapidly at the end of the...
07:46 AM, May 19, 2012
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Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
