Suing Facebook? Best of Luck.

By Wednesday, after just three days of trading, several lawsuits had been filed against Facebook complaining about the adequacy of its prospectus disclosure. However, at least so far, there is no indication that anything is wrong with that prospectus.

Recent Posts In News

“Saturday Night Live” Figures It Out

Remember when the show couldn’t figure out what to do when Lazy Sunday became a YouTube hit? Now it’s using the Web to show that didn’t even get to TV.
SNL

News Byte

Yahoo Folds Up Livestand, Its Would-Be Flipboard Killer

Yahoo has pulled the plug on Livestand, its iPad/tablet news app. Yahoo rolled out the app last fall, and positioned it as competitor to apps like Flipboard and Zite. But the app never got any traction, and has been on the chopping block for much of 2012.

Orange Exec: Android, Windows Phone and iPhones Are Gas Guzzlers and Developing World Needs a Prius

Senior VP Yves Maitre says all the major smartphone operating systems are too costly and bandwidth-hungry to meet the needs of the next several billion smartphone buyers.
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Grockit’s New Web-Based Teaching Product Makes Learning Look Pretty

It’s like Pinterest, but you’ll actually learn something.
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Voices

SpaceX Capsule Joins to Space Station

Space Exploration Technologies Corp. made history Friday by attaching the first private spacecraft to the international space station, a move that ultimately could change the economics and politics of U.S. space exploration.

Mobile Devices Now Make Up About 20 Percent of U.S. Web Traffic

Old-fashioned PCs still make up the lion’s share of traffic, with phones and tablet Web use spiking in the evening hours.
Mobile share of web traffic

Dell Is on the Acquisition Prowl Again, Now Looking at Quest Software

Another deal to distance itself from consumer PCs.
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Dish Network Doesn’t Want to Blow Up TV. It Wants to Pay Less for It.

How to negotiate, Charlie Ergen-style. Threaten, kind of credibly, to blow everything up.
joker

Sonos Poaches RIM’s Head of Global Sales

The 14-year RIM veteran becomes chief commercial officer of the wireless multi-room music system maker.
Sonos-Logo

Now 50 Million Daily Users Strong, OpenDNS Wants to Be “the Akamai for Security”

OpenDNS founder and CEO David Ulevitch wants his company to become “the Akamai for security.”
David Ulevitch headshot