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Sprint Looks to Lure New Customers With iPhone 4S Promotion If you're not happy with Verizon's latest news about unlimited data plans, Sprint would be happy to have you.
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Facebook Underwriters Stepped In to Support Shares at Offering Price Facebook Inc.'s public debut had plenty of buzz but not much pop. The shares opened 11 percent higher, but struggled to stay above their $38 offering price and ended the day up just 23 cents.
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In Its First Acquisition as a Public Company, Facebook Buys Social Gifting App Karma Facebook apparently figured out what to do with its newfound cash injection.
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Zynga's Stock Tanks After Facebook Fails to Pop At least for now, we can expect Zynga's and Facebook's stocks to trade in lockstep, given their relationship status.
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The Price Is Right: Facebook Closes Near Opening Price Not the big opening day investors were expecting.
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GM Doesn't Like Old Media, Either Earlier this week, the car maker said it was bailing out of Facebook. Today, it's the Super Bowl.
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T-Mobile Pooh-Poohs Shared Data Plans The No. 4 U.S. carrier, like Sprint, is focusing on per-device unlimited plans instead.
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Forecast for Revamped Weather Channel iPhone App Looks Bright The Weather Channel iPhone app finally gets a major redesign after three years.
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SceneTap Interview: San Francisco's Least Welcome Start-Up Explains Itself (Video) Of the 25 San Francisco bars supposed to launch with SceneTap today, about 10 dropped out after recent local outcry.
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Oh, Snap: Kodak Says Apple Is Just Playing Spoiler With Patent Claim Kodak to Apple: Waaaaaagh!
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Groupon Stock Spike Probed A Wall Street regulator is examining trading in Groupon Inc. that sent its stock price soaring hours before a favorable earnings announcement Monday, according to a person familiar with the matter.
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The Facebook Effect: Zynga Trading at All-Time Low Following Facebook's initial trade on the Nasdaq, Zynga's stock tanked, hitting an all-time low. The social game maker, which makes up 15 percent of Facebook's revenue, did not benefit from the company's public offering. In early trading this morning, Zynga's shares fell 13.30 percent, or $1.10 apiece, to a new low of $7.17. Zynga went public in December at $10 a share.
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And We're Off! Facebook Shares Hit the Nasdaq at a Slight Increase Before Settling Back. Nearly 30 minutes after the scheduled trading debut, Facebook shares rose, quickly fell, and ultimately hovered around the initial $38 target price.
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RIM Gets FCC Approval for Cellular-Equipped Tablet The agency has given the nod to what appears to be an LTE-equipped version of the PlayBook tablet. RIM has promised that such a device would ship later this year.
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Kayak Hoping to Ride the IPO Wave Which will be the next tech company to go public after Facebook? That's an easy one: Kayak.com.
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Hear That? May 18 2012 13:35:32
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Hear That? That's Mark Zuckerberg ringing a virtual bell in Palo Alto. FB shares will start trading around 11 am ET.
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$$FB$$ Has Arrived: So Now What? Relationship Status: Public.
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RIM Corners the "You'll Use BlackBerry 7 and That's an Order" Market Well, at least one part of RIM's business is on the upswing.
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Exclusive: Yahoo Finally Set to Strike Alibaba Share Deal -- Half Now, Then Half of What's Left After Eventual IPO Could the never-ending Yahoo-Alibaba deal finally be close to a handshake? Yes, indeedy.
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Facebook Cheers On Mark Zuckerberg. Wall Street Gets Its Chance Soon. A standing ovation for the boss.
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Kleiner Perkins Refills Wallet With $525M for Early-Stage Companies Sand Hill venture capital firm Kleiner Perkins Caufield & Byers has closed its 15th fund today, at $525 million. As had been previously reported, the fund will not be managed by KPCB's Brook Byers, Bill Joy, Ray Lane and Aileen Lee (who is now doing a seed fund), though those partners will continue to be involved in ongoing investments. What's new about the fund is a renewed emphasis on digital enterprise companies, in addition to digital consumer, green tech and life sciences.
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The King Is Dead, Long Live the … Whatever: Levinsohn's Management Moves at Yahoo (Internal Memo) For those following the soap opera that I am chief writer for, "Days of Our Yahoos," here's the latest episode.
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Twitter Tailors Your "Who to Follow List," but Only if You Want It Twitter began rolling out tailored suggestions for users to follow on Thursday, aiming to give Twitter newcomers better direction in learning how to navigate the somewhat abstruse microblogging platform. The suggestions stem from a tracking cookie Twitter sends to new users, allowing the company to see sites visited within the past 10 days. Twitter then uses that information to recommend who to follow. Users can also opt out of this service.
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Here Are 10 Reasons Not to Buy Facebook Before You Buy It Anyway By now, you've probably made your mind up about Facebook Inc.'s initial public offering. You're buying it -- at any price and by any means necessary. No one is going to convince you otherwise.
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How Is the Itanium Lawsuit Hurting HP? Let Us Count the Billions of Ways. Yesterday's document dump by Oracle shines a light on just how profitable the HP's Itanium business is. Or rather, was.
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Maybe You Should Start Paying Attention to Indie Games Developers Combine small teams, personal passion and a large accessible market and you have the makings of a creative explosion.
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Judge Orders Apple and HTC to Talk It Out With their patent war raging on, Apple and HTC have been ordered into face-to-face mediation talks to settle their legal differences. Issued by the U.S. District Court of Delaware on Thursday, the order requires counsel and key decision makers from both companies to attend a session on August 28, 2012. It follows by a single day the enforcement of an International Trade Commission import ban on two HTC smartphones won by Apple in December of 2011.
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The Verdict Is In: Facebook Share Price Set at $38 The social network's share price is finally revealed.
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T-Mobile Expands No-Contract Mobile Broadband Plans Starting on May 20, T-Mobile will offer four additional no-contract data plans for its 4G tablets and mobile broadband devices, including laptop sticks and mobile hotspots. The new Mobile Broadband Service Passes expand on the carrier's current offerings, starting at $15 per week for 300 megabytes of data, and $50 for five gigabytes per month. To take advantage of the no-contract plans, you will, however, have to pay full price for a mobile broadband device, which run between $175 and $650.
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Plastic Logic Exits E-Reader Business It Never Really Managed to Enter Wait. Wasn't Plastic Logic out of the e-reader business already?
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Facebook Close to $38 IPO Price Facebook Inc. is close to pricing its initial public offering at $38 a share, said a person familiar with the matter, a move that would value the Internet company at more than $100 billion.
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HP's Whitman to Announce Restructuring Plan Wednesday; 30,000 Jobs Targeted The plan is simple: Cut here, reinvest there.
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Comcast Turns the Broadband Meter On, and Moves to Usage-Based Billing Important for people who stream a whole lot of Internet video, or think they might one day.
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Twitter Enables "Do Not Track" Feature Across Supporting Browsers Twitter users on supported browsers can now opt out of being tracked by third-party sites and cookies by enabling the "Do Not Track" feature, Twitter announced on Thursday. Federal Trade Commission CTO Ed Felton championed the feature at a conference in New York on Thursday morning. Since Mozilla first introduced the feature for its Firefox browser last year, the company claims nearly 10 percent desktop-user adoption of DNT, and almost 20 percent on Firefox for mobile.
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Hey Mickey, You're So Fine: Meet the Man Who Landed Silicon Valley's Hottest Funding Deal in Pinterest The $1.5 billion valuation can still blow your mind.
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Mobile Gaming Is Hot, but Pocket Gems Won't Sell Out Pocket Gems says it is not for sale, even though other mobile gaming companies like OMGPOP and Funzio are cashing out at big valuations.
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First White House Cyber-Security Coordinator to Retire Howard Schmidt, the first-ever White House cyber-security coordinator, is leaving the post he's held since 2009. Schmidt, who has spent the past two-and-a-half years working on protections for the country's critical infrastructure, will step down at the end of this month; he'll be succeeded by Michael Daniel, chief of the White House budget office’s intelligence branch.
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Verizon Unlimited Users' Plans Not Going Away, but Options Likely to Narrow Those who have an unlimited data plan and want to move to a 4G LTE phone might want to get a move on it.
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Can Tumblr Turn a Profit? David Karp has focused on expanding Tumblr Inc.'s network of free bloggers for the past five years. Now, both he and his company are heading into a risky new phase: Making the site profitable.
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Battle of the Boom Boxes The Jawbone Big Jambox and Bose SoundLink Wireless Speaker: Lots of sound for their size.
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A Look at Android Fragmentation: The Good, the Bad and the Pretty Charts OpenSignalMaps looked at the people downloading its software and found thousands of different devices from hundreds of different brands.
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For Valley Engineers, Big Data and Networking Start-Ups Are Still Sexy Consumer companies may be hot among investors, but big data and networking start-ups are hotter still to Valley engineering talent, according to a recent LinkedIn report. The study claims that analytics firms and networking start-ups like Cloudera and Arista Networks are garnering the most engineering mindshare. The study took into account the LinkedIn activity of more than 240,000 Bay Area engineers from January through March.
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Facebook IPO Halo Boosts Social Media Stocks Facebook's imminent IPO might mint a mess of millionaires in Silicon Valley come Friday -- but in the meantime, it seems to be driving wealth in a few newly public Internet companies, as well.
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And the Blood Money? The smart money is flying out of Facebook as the dumb money piles in. – From The Wall Street Journal’s Rolfe Winkler
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Sony's New Interchangeable-Lens Cameras Focus on Portraits, Action A new pair of interchangeable-lens cameras from Sony are set to make their debut in June.
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Exclusive: Japan's Rakuten Wins the Heart of Pinterest in $100M Funding Race With $1.5B Valuation The largest e-commerce site in Japan is about to get pinned by Ben Silbermann in massive funding round.
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Dish's Ads to End All Ads Dish Network Corp. plans to promote its new ad-skipping feature with, ironically enough, a television ad -- that is, if broadcast TV networks agree to run the spot.
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The Era of AppNation Has Arrived It seems like a foregone conclusion that the era of the app has arrived.
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Even as Settlement Hopes Appear, Facebook Blames Shoddy Checking in Answer to Yahoo Patent-Fraud Claim Yahoo's dog ate its homework, says Facebook.
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How Will Facebook Ring in the IPO? With a Hackathon, Of Course. The social giant will "move fast and break things" on the very eve of its IPO.
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What to Expect When Facebook Is Expecting: Five Predictions for Facebook’s First Public Year I have five predictions of how Facebook will be maturing in the first year after its IPO.
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Verizon CFO: Arrival of Shared Data Plans This Summer Is a Game Changer The move to shared data plans could lure more consumers to go for a cellular-equipped tablet, but could also be bad news for those clinging to unlimited data plans.
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HP Fires Back at Oracle With a Document Drop of Its Own This one is not quite as juicy, but it's still interesting.
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Samsung Rides Android Past Nokia to Take Sales Lead A two percent decline in mobile phone shipments during the first quarter of 2012 may have hurt some handset vendors, but it did little to slow Samsung.
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Harvey Geller, Universal Music Group's Top Lawyer, Is Out Harvey Geller, Universal Music Group's longtime lawyer, left the company earlier this week. A person familiar with Universal said Geller was now headed for another job but didn't have other details. His name will be familiar to many digital-media companies, since he often led fierce and sustained battles against them on behalf of the world's biggest music label.
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Google Gets Semantic, Launches Knowledge Graph Starting Today Google today formally launches some anticipated and previously glimpsed semantic features for its core English search engine on Google.com accessed through computers, phones and tablets.
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iPhone Engineer and Gmail Designer Team Up on Electric Imp to Connect Devices A new start-up called Electric Imp promises to turn almost any product into a connected device with the addition of a tiny card in a slot.
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iSwifter's New App Brings All Flash-Based Facebook Games to the iPad While Facebook is slowly working out the kinks to bring more games to mobile, there's a small company in Menlo Park, Calif., that has beat them to it.
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Exclusive: Groupon Hires Amazonian as VP of Engineering, Opens Seattle Office The Chicago-based daily deals company expects to announce the appointment of Vinayak Hegde as VP of engineering later this afternoon.
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New Terahertz Wireless Connection Faster Than Your Microwave Oven 3 Gbps transfers ...
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Tripping Becomes a Kayak for Home Rentals and Couchsurfing Tripping now includes home rentals through partnerships with FlipKey, HomeAway and Roomorama.
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Oracle Drops New Documents in Itanium Trial, and They're Juicy Oracle takes its case that HP lied to its customers about Itanium to the court of customer opinion with a huge document dump.
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Sprint's Hesse: We'll Make Money on the iPhone … Eventually “Carrying the iPhone will be quite profitable," says Sprint CEO Dan Hesse, for the umpteenth time.
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Fab.com Ditches Google+ in Favor of Pinterest Fab.com, the shopping Web site that raised $40 million late last year in a Series B round led by Andreessen Horowitz, has revamped its site to highlight more social features, including the ability to filter its live shopping feed by category, buy straight from the feed and see what Facebook friends are buying. Fab has also removed its Google+ button in favor of a Pinterest pin. The company claims four million members in the 10 months since its launch.
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Dominant in China, UCWeb Brings Its Mobile Browser to Silicon Valley With 50 percent of the mobile browser market in its home market of China, UCWeb is now looking across the Pacific.
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Apple Moves Toward Larger iPhone Screens Apple Inc., which is expected to launch its next-generation iPhone later this year, has ordered screens from its Asian suppliers that are bigger than the ones used in iPhones since they debuted in 2007, people familiar with the situation said.
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Facebook Bumps Up Amount of IPO Shares Offered by 25 Percent Facebook is increasing the number of shares in its initial public offering by nearly 25 percent, pushing the total amount to more than 420 million shares. The increase means the company may end up raising $16 billion on Friday.
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In the Race to Win Social Video, Is One App Gaming the System Too Much? As mobile social video apps skyrocket toward the top of the app store, some are going for the gold by any means necessary.
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You don't get to 500 million movies without making a few duds. Aaron Sorkin’s Steve Jobs will be the best or worst movie I’ve ever seen. – Dan Frommer, via Twitter
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China Mobile Confirms Talks With Apple on iPhone The comments, made at a shareholder meeting on Wednesday, follow what sources say was a meeting earlier this year between China Mobile and Apple CEO Tim Cook.
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Facebook Is Still Figuring It Out. Will Advertisers and Investors Wait Around? "Advertisers are learning and experimenting" with Facebook's ad business, says Facebook itself. GM's move shows the downside of making it up as you go.
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Microsoft Gives Windows a Clean Sweep Microsoft's "Signature" PCs are streamlined for a cleaner look and better performance.
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Trouble in Paradise: Jetsetter's Founder and CEO Steps Down Drew Patterson has stepped down as founder and CEO of Jetsetter, the high-end luxury discount sales travel site owned by Gilt Groupe.
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Quote-Saving App Banters to Shut Down; Founders Jump to Betaworks After struggling to attract a significant user base over the past year, conversation-saving app Banters is closing up shop, co-founder Lauren Leto announced via company blog on Tuesday. Leto and partner Patrick Moberg had raised an undisclosed amount of seed funding from the likes of Chris Dixon, Khosla Ventures and SV Angel. The two will join Betaworks -- Leto as general manager of the firm's Findings product and Moberg as a "hacker-in-residence."
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Bing Goes Sleek and More Social Microsoft's revamped search engine shows promise — if users can adapt.
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Netsuite Turns Commerce Into a Cloud Service To the growing list of things that can be sold "as-a-service" you can now add commerce. And create a new acronym: CaaS.
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PayPal to Unveil Newest Retail Partners for In-Store Payments Next Week PayPal is hosting a media event next week where it will unveil the next batch of mega-retailers that are adopting the company's online payment network at the register.
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Google to Expand Mobile-Device Partnerships Google Inc. plans to give multiple mobile-device makers -- rather than just one partner -- early access to new releases of its Android mobile operating system and to sell those devices directly to consumers, said people familiar with the matter.
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After Strong Quarter, Groupon Starts Looking Like a Deal Again Even though Groupon continues to carry the warning that its financial processes are weak, a handful of analysts upgraded the company to a buy rating today, and investors sent the stock climbing.
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RIM's Freefall: Stock Drops to Eight-Year Low Hard to believe that just five years ago, RIM had a stock market value of $80 billion.
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GM to Stop Advertising on Facebook General Motors Co. plans to stop advertising on Facebook after the company's marketing executives determined their paid ads had little impact on consumers, people familiar with the matter said -- a move that comes as more companies question the effectiveness of advertising on the social networking site.
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T-Mobile Cutting Another 900 Jobs in Wake of Failed AT&T Deal CEO Philipp Humm notifies workers of another round of job cuts as the company looks to remake itself amid continued customer defections and a failed deal to sell itself to AT&T.
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Sony Expands Vaio E, S Series Laptop Family Lenovo isn't the only company updating its line of laptops today. Here's what Sony has up its sleeve.
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Google Says Forced "Sharing" Is a Bug, Not a Feature No, you don't have to spam that AdWeek story to your pals before you read it. But somebody's gotta pay something for this stuff, someday.
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Sony, Panasonic in TV Tie-Up Talks Sony Corp. and Panasonic Corp. are in talks to jointly develop or produce next-generation flat-panel television sets, people familiar with the matter said Tuesday, in a move that aims to defray the heavy cost of manufacturing a new display technology.
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Psyonara Psystar After it was cold-shouldered by the Supreme Court, we've likely heard the last from Psystar.
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Online Retro Clothing Shop ModCloth Closes $25 Million in Funding ModCloth, an online retailer focused on retro-looking woman's apparel, has raised $25 million in funding. The round was led by Norwest Venture Partners, with Accel Partners also participating. The capital will help expand the site's "Be the Buyer" program, which allows customers to vote on items they'd like to see produced. The San Francisco-based company, which was founded by high school sweethearts Eric Koger and Susan Gregg Koger, has 300 employees.
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Facebook "Acqhires" Mobile Photo-Sharing Company Lightbox Yet another acquisition before Facebook goes public.
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Social Analytics Start-Up Prosodic Launches With $1.4 Million in Seed Funding Software platform and social analytics firm Prosodic announced Tuesday it had completed a $1.4 million round of seed funding at its official launch. Investors in the round include Ignition Partners and angels Gary Vaynerchuk and David Remer of Remer Inc. The company is a predictive analytics service, informing its corporate and media customers what content should be shared with targeted audiences and how often.
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Yahoo’s Roller Coaster Impacts More Than Shareholders Yahoo employees who have weathered multiple rounds of layoffs have also had to adapt to the frequently changing leadership tides created by the revolving door at the top of the company.
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Cannes Ad Conference Roars for Twitter's Jack Dorsey The Cannes Lions, the people who put on a giant advertising trade show every year in France, have named Twitter's Jack Dorsey as their "Media Person of The Year." The honorific comes as Twitter has begun ramping up its ad-selling efforts. For context: Previous winners include Google's Eric Schmidt and Facebook's Mark Zuckerberg.
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ESPN Retools Radio App, Launches on iPad ESPN is boasting better sound and offline listening with its new $4.99 radio app. Like rabid sports fans needed an excuse to download it.
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HP and Oracle Talk Pretrial Trash in Itanium Case The PR shops at the two companies never miss a chance to slap each other as the Itanium litigation heads toward trial next month.
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Interview: Imgur's Path to a Billion Image Views Per Day A benevolent attitude and an informal alignment with Reddit have helped Imgur stand out in the commodity business of image hosting.
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Farms Begin to Wither as Strategy and Combat Drive Social Gaming According to SuperData, strategy and combat games are starting to perform better than traditional farming games.
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MacBook Pro Makeover in the Wings The MacBook Pro, Apple's flagship laptop, is about to get a transformative overhaul. Sources familiar with Apple's plans say the company intends to debut, at its upcoming Worldwide Developers conference, the first major upgrade to the line since the aluminum unibody in 2008. The new MacBook Pros will feature a significantly thinner chassis, new high-resolution "Retina-esque" displays, faster processors chosen from Intel's third-generation Core series chips, code-named Ivy Bridge, and Nvidia GPUs...
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Facebook's Latest S-1 Amendment Confirms Increased Share Price Range Another day, another amendment. This marks the seventh for Facebook in three months.
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Pinterest Prompts a Start-Up's Pivot: Meet Curalate, an Analytics Engine for Images You're a brand that has lots of stuff on Pinterest. How do you find it?
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Now Called TalentBin, Honestly.com Pivots to Less-Controversial Recruiter Tool The anonymous and controversial coworker review site Honestly.com (first known as Unvarnished) has become a tool for recruiters, now called TalentBin. It compiles social media profiles of prospective software engineering candidates for clients like Groupon, Intuit, ModCloth and CBS Interactive.
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Web Sites Use DNA to Create Family Trees Who's your daddy? Now a Web site may know for sure.
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