Voices

Some Facebook Underwriters Helped Short Sellers

As traders at Morgan Stanley were frantically trying to shore up Facebook Inc.’s share price following the company’s initial public offering, other managers on the deal were helping short sellers bet that the newly minted stock would fall.

A Bad Day for the Salesforce Kool-Aid (Video)

Hedge fund manager Whitney Tilson questions Saleforce.com’s valuation, and the shares promptly fall.
Marc Benioff on TV

Palantir’s $2.5 Billion Mystery, Solved

The secretive data company has closed a $70 million funding round at an implied valuation of $2.5 billion. And now we know who its new investors are.
alexkarp

Voices

Dish, Icahn Make Bids for Blockbuster

Dish Network Corp., the satellite-television company controlled by Charlie Ergen, and billionaire investor Carl Icahn have each submitted bids for Blockbuster Inc. ahead of a bankruptcy court auction next week, said people familiar with the matter.

Goldman-Facebook Investment Vehicle Already Full; SEC Eyes Disclosure Rules

Goldman Sachs has already received “several billion dollars” worth of commitments to its “special-purpose vehicle” for investing in $1.5 billion worth of Facebook stock, according to The Wall Street Journal.

Seventh Person Arrested in Insider Trading Probe

Another arrest of an expert consultant in the ever-widening FBI investigation into insider trading of tech companies.

Voices

Microsoft Tries to Make Computers More Super

Microsoft has formed a new group to better its share of the market for the most powerful computers in the world. Its plan of attack: Make the machines easier to use.

Société Ridicule

How ironic is it that Société Générale, the French bank responsible for the biggest fraud in investment banking history, was just this month named Equity Derivatives House of the Year by the financial risk-management magazine Risk?