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Nasdaq Confronts Liability on Traders’ Losses in Facebook IPO

Nasdaq OMX Group Inc. faced the fallout for mishandling Facebook Inc.’s initial public offering, as irate brokers and traders demanded the exchange company make up losses they blamed on Friday’s technical glitches.

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Facebook Says User Data Sold to Broker

Facebook Inc. said that a data broker has been paying application developers for identifying user information, and that it had placed some developers on a six-month suspension from its site because of the practice. The announcement, which Facebook made on its developers’ blog Friday, follows an investigation by Facebook into a privacy breach that The Wall Street Journal reported in October.

CBS Tells Ad Networks It’s Going Cold Turkey

CBS says it will stop doing business with ad networks, which are ubiquitous on the Web, and will offer access to its audience of 60 million unique visitors solely via its own salesforce. The company is one of a handful of big publishers trying to force buyers to pay more for its stuff. Clever or quixotic?
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The Boss Says No: Bruce Springsteen Already Campaigning Against Ticketmaster-Live Nation Deal

The Ticketmaster-Live Nation deal isn’t official yet, but it’s already garnering plenty of opponents. The real question: Who’s going to come out in favor of a deal that helps one of the country’s most disliked companies?