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Facebook IPO affected by Nasdaq technical issues

Nasdaq OMX Group Inc. faces scrutiny after shares of Facebook Inc. were plagued by delays and mishandled orders on its very first day of trading. Apparently computers used to drive the auctions were overwhelmed by order cancellations and updates in…

US FTC probes Facebook acquisition of Instagram

The US Federal Trade Commission (FTC) has launched an investigation into social networking giant, Facebook and its proposed acquisition of Instagram, which threatens to delay the closing of the $1 million purchase according to a report by...