Walt Mossberg – Apps Raise the iPad’s Aptitude for Real Work
UBS AG said it took a loss of more than $350 million on the ill-fated Facebook Inc. initial public offering, wiping out nearly half of its second-quarter profit, and it accused Nasdaq OMX Group Inc. of a “gross mishandling” of the stock-market listing.
Switzerland’s largest bank by assets said it will begin legal proceedings to recoup all of its losses—another blow to its struggling investment bank and raised further questions about the unit’s future.
Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Web Sites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other Web sites, and for clarity’s sake, all outside posts run against a pink background.
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Voices is edited by Beth Callaghan.
