Regulators probe bank's role in Facebook IPO

Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.

Why Facebook still doesn't look cheap

If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days.

Web series touts funky concept snowboards

New York City airports install new, expensive holograms to help you find your way

Robotic fish may soon scan for pollution off the coast of Spain

Facebook IPO Fallout and Two Other Stories You Need to Know

Facebook looks to settle 'sponsored story' suit

SAP to buy Ariba for $4.5B, extending cloud push

New ad zapper has TV networks worried about sales

Google completes Motorola deal, heralding new era

Google has completed its $12.5 billion purchase of device maker Motorola Mobility in a deal that poses new challenges for the Internet's most powerful company as it tries to shape the future of mobile computing.

Fresh Android Apps for May 23: Measure It Lite, Screen junkE, Tap Dragon Park, Skyrise Runner Zeewe

Regulators probe bank's role in Facebook IPO

Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.

Can Diet Coda make the iPad a leaner meaner business machine?

Microsoft sees Windows 8 as ‘rebirth’

Microsoft is betting big on its upcoming Windows 8 operating system, which looks to bridge the gap between smartphones, tablets and desktop computers. Microsoft CEO Steve Ballmer on Tuesday called the operating system a “rebirth” of the Windows brand and described it as the ”deepest, broadest and most impactful” Windows software ever created, Agence France-Presse reported. “It’s really, in some senses, a dawning of the rebirth of MS Windows… It’s certainly the most important piece of work we’ve done,” he said at a forum in Seoul, South Korea, adding that an estimated 500 million users will have Windows 8 on next year. The CEO went on to promise the “best economic opportunity” for device makers and app developers who adopt the

Regulators, investors turn up heat over Facebook IPO

(Reuters) - Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. Facebook shares closed 8.9 percent lower at $31, following an 11 percent plunge on Monday. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ...

Ahead of the Bell: Mass layoffs looming at HP

SAP says initially planned cooperation with Ariba

Massachusetts Subpoenas Morgan Stanley Over Facebook IPO

SAP to buy Ariba, boosts cloud bet

SAN FRANCISCO (Reuters) - Top European software company SAP AG plans to buy Ariba Inc in a deal valuing the business and commerce network company at $4.3 billion, its latest maneuver against Oracle in the fast-growing Internet-based computing market. SAP is taking aim at Oracle, the world's No. 2 maker of business management software, as they vie with Salesforce.com Inc in the multibillion dollar cloud-computing services market, one of the industry's hottest area of growth. Shares in Ariba, which were halted briefly, leapt 20 percent to SAP's offer price of about $45 per share. ...

Facebook IPO Fallout and Two Other Stories You Need to Know

Japan's NTT Docomo applies for 700 MHz license

TOKYO (Reuters) - NTT Docomo Inc said on Wednesday it plans to apply for a license to upgrade its base stations to tap the 700 megahertz spectrum for high-speed mobile services, as it races with smaller rivals to attract smartphone users. The cost of migration to support a network for 3.9-generation phones could cost as much as 150 billion yen ($1.9 billion), it said. Japan's Communications Ministry allocated the coveted 900 MHz spectrum in February to smaller rival Softbank Corp, which supplies Apple Inc's iPhone in Japan along with KDDI Corp. ($1 = 79. ...

Microsoft sees 'rebirth' with new Windows 8 system

Microsoft's upcoming Windows 8 series -- featuring an upgraded cloud computing service -- marks a "rebirth" of its operating systems, chief executive Steve Ballmer said.

Russia and Japan Interested in Moon Exploration

PC maker Lenovo says profit up 59 percent

Grockit Wants to Build a Pinterest for Learning

Verizon says global capabilities coming to select Android handsets this summer

Verizon Wireless on Monday confirmed that the DROID RAZR, RAZR MAXX, HTC Rezound, and DROID 4 will receive global roaming capabilities later this summer, enabling the handsets to access voice and data services in more than 200 countries, Droid-Life reported. “Customers will see a notification on their device when the software update is available for their device,” a Verizon spokesperson said. “After the software update, customers will be able to take their smartphone overseas and use voice service in more than 220 countries and receive data in more than 205 countries.” While the carrier didn’t give a specific timeline, there is a possibility the update may be included with the smartphone’s upcoming Ice Cream Sandwich updates, which are also slated for

Facebook settles lawsuit over "Sponsored Stories"

Analysis: Did banks cross the line in Facebook research calls?

The numbers on the Facebook earnings revisions

Nasdaq shareholders mum on Facebook IPO

Funds with Facebook hammered as proxy by shorts

Exclusive: Massachusetts subpoenas Morgan Stanley for Facebook

NEW YORK (Reuters) - Massachusetts Secretary of Commonwealth William Galvin has issued a subpoena to Morgan Stanley over an analyst's discussions with investors on Facebook "The Securities Division has put out a subpoena to Morgan Stanley in connection with the analyst's discussion with certain institutional investors about the revenue prospects for Facebook," a spokesman for Galvin's office said on Tuesday. "Morgan Stanley followed the same procedures for the Facebook offering that it follows for all IPOs. ...

OmniVision’s 16-megapixel smartphone camera sensors support 4K resolution

OmniVision on Tuesday announced the OV16820 and OV16825 smartphone camera chips. The two sensors support up to 16-megapixels and can capture video at a 4k resolution, known as Quad Full High Definition (QFHD), at 60 frames per second. “It was an industry-wide assumption that smartphones would cut into DSC/DVC sales; but at higher resolutions, we’re seeing a very distinct divide between the two markets and both remain strong,” said Devang Patel, senior product marketing manager at OmniVision. “Industry experts have observed that mainstream DSC products are shifting to 16-megapixel resolutions and are offering improved image quality and optics. The OV16820 supports such offerings, allowing DSC/DVC manufacturers to provide consumers a high-resolution, feature-rich point and shoot photography experience, while the OV16825

Tesla's Model S Is Nearly Upon Us [VIDEO]

Best Buy tops expectations in Q1, online revenue and mobile sales up

Best Buy on Tuesday reported results for the first quarter of 2012. The electronics retail giant posted better-than-expected earnings per share, despite declining store sales. Revenue came in at $11.6 billion, ahead of analysts’ consensus of $11.52 billion, and non-GAAP earnings came in at $0.72 per share, up 11% from the same quarter in 2011 and beating the Street’s estimates of $0.59 per share. Domestic online revenue rose by 20%, and domestic mobile-phone sales increased by 13%. “Best Buy is in a turnaround, and the strategic priorities we laid out at the beginning of the year are just the first phase of the changes to come,” said Mike Mikan, CEO (interim) of Best Buy. “We know we have to better

Microsoft says 350 million Windows 7 devices will ship by the end of 2012

Despite the fact that Windows 8 is expected to launch in October, Microsoft still has high hopes for its Windows 7 operating system. The software giant predicts that 350 million Windows 7 devices will ship by the end of 2012, Bloomberg reported. “It makes Windows the most popular single system,” Microsoft CEO Steve Ballmer said at a forum in Seoul, South Korea, although he didn’t provide any figures for comparison. Windows 7 was released in October 2009 and within two years, the operating system surpassed Windows XP to become the world’s most popular OS. Read

Morgan Stanley defends Facebook IPO procedures

Facebook IPO shows galactic divide between investors

Mario Bros creator Miyamoto wins top Spanish prize

Nintendo's Shigeru Miyamoto, creator of Super Mario Bros, Donkey Kong and other hit video games, won a top Spanish prize Wednesday for "revolutionizing" the industry.

The Flaming Lips to Livestream Epic 24-Hour Trip