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Dropbox prepping for 2013 IPO, readies business offerings

Dropbox prepping for 2013 IPO, readies business offerings
  • Posted February 15, 2013, 5:00 PM by Rick Burgess | Filed in Industry News, The Web
  • Well-recognized cloud storage outfit Dropbox is aiming to go public during the second half of 2013, or so unnamed sources "briefed on the talks" believe. Dropbox hopes to launch a new range of business-focused products alongside introducing itself as a…

Nasdaq planning to compensate brokers for Facebook IPO trading glitch

Nasdaq planning to compensate brokers for Facebook IPO trading glitch
  • Posted June 6, 2012, 12:30 PM by Shawn Knight | Filed in Industry News
  • Officials at Nasdaq are preparing to offer compensation to firms that lost money due to a computer glitch on the opening morning of Facebook’s IPO. It’s been estimated that traders lost a collective sum of over $100 million but the…

Facebook, underwriters sued over "secret" changes to revenue forecast

Facebook, underwriters sued over "secret" changes to revenue forecast
  • Posted May 23, 2012, 5:00 PM by Shawn Knight | Filed in Industry News
  • Facebook’s record-setting IPO was the talk of the town leading up to last Friday when shares were made available for purchase on the NASDAQ. To say that the process went smoothly would be the understatement of the century. The IPO…

Facebook IPO affected by Nasdaq technical issues

Facebook IPO affected by Nasdaq technical issues
  • Posted May 21, 2012, 10:50 AM by Lee Kaelin | Filed in Industry News
  • 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

US FTC probes Facebook acquisition of Instagram
  • Posted May 11, 2012, 12:30 PM by Lee Kaelin | Filed in Industry News

  • 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...

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