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I N T E R N E T  N E W S

2012/05/17, 23:51

Facebook prices at top of range in landmark IPO

NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc priced its initial public offering at the top of its target range to raise more than $16 billion, as strong demand, particularly from retail investors, fuels anticipation of a big pop in the stock when it begins trading Friday on the Nasdaq. Predictions of how much the stock will rise on its first day of trade vary greatly -- some experts said the high IPO price and increased float could limit gains to 10 percent to 20 percent, while others said anything short of a 50 percent jump would be disappointing given the hype. ...
2012/05/17, 23:28

Facebook share flippers risk missing future IPOs

NEW YORK (Reuters) - Investors who managed to buy Facebook Inc shares ahead of the No. 1 social network's initial public offering might want to think twice before "flipping" them. Brokerages can impose restrictions on participating in future IPOs for those trying to profit from market debuts. Some serial flippers could even face lifetime bans. Strong demand for the third-largest initial share sale in U.S. history has fueled anticipation of a big pop in Facebook's stock price once it begins trading on Friday. [ID:nL1E8GH5U4] Only Visa Inc and General Motors Co had bigger IPOs. ...
2012/05/17, 23:27

Comcast to start charging heavy downloaders extra

Comcast Corp., the country's largest Internet service provider, is going to start charging extra when customers go over a certain monthly data limit.
2012/05/17, 23:24

Reports: HP poised to eliminate up to 30,000 jobs

Hewlett-Packard is poised to eliminate as many as 30,000 jobs to compensate for dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets, according to reports published Thursday.
2012/05/17, 23:23

Morgan Stanley ups Facebook IPO share cap to 5,000

NEW YORK (Reuters) - Morgan Stanley Smith Barney, one of the three lead underwriters on the Facebook Inc IPO, has increased the number of Facebook shares it will allow advisers to allocate to each client account. The firm previously set a cap of 500 shares per retail client, but e-mailed advisers late on Thursday afternoon that it had increased the limit to 5,000 shares, according to two sources familiar with the situation, who declined to be named because they are not permitted to speak to the press. ...
2012/05/17, 23:09

Insight: Who got Facebook shares? Fairness may not come into it

NEW YORK (Reuters) - A lot of loyal Facebook fans and occasional investors are discovering a hard truth this week: Money and connections talk, especially when it comes to a deal handled by Wall Street. The scramble for shares in what is one of largest initial public offerings in U.S. history quickly divided the haves from the have-nots on Thursday. Those with big brokerage accounts and a long history as customers of Wall Street firms likely got at least part of their orders for Facebook shares filled, but would-be buyers who had no such ties were lucky to get any. ...
2012/05/17, 23:06

Tale of the tape: Google versus Facebook

Facebook is the hottest Internet company to hit the stock market since Google went public in 2004. The Silicon Valley companies, located seven miles apart, also happen to be locked in a bitter battle for Web surfers' allegiance and online advertisers' money. The duel is likely to intensify now that the IPO has provided Facebook Inc.'s social network with the means to pay for efforts to battle Google Inc.'s dominant search engine.
2012/05/17, 22:49

Panel: States approval of Internet gambling likely

The U.S. Congress is too badly divided to act on Internet gambling, so individual states will start approving it on their own within the next two years, panelists at a major casino conference predicted Thursday.
2012/05/17, 22:45

Comcast trying out Internet usage pricing, dropping caps

(Reuters) - Comcast Corp said on Thursday it will introduce a trial for usage-based billing for its Internet subscribers in a move seen to pre-empt more complaints the cable company favors its own Web video service over rivals. Usage-based pricing would allow Comcast to charge its customers for the amount of data they use with a utility meter rather than pay a flat fee like they do today ...
2012/05/17, 22:45

Comcast trying out Internet usage pricing, dropping caps

(Reuters) - Comcast Corp said on Thursday it will introduce a trial for usage-based billing for its Internet subscribers in a move seen to pre-empt more complaints the cable company favors its own Web video service over rivals. Usage-based pricing would allow Comcast to charge its customers for the amount of data they use with a utility meter rather than pay a flat fee like they do today. Currently, that flat fee is priced on Internet speed and also features a 250 GB data cap each month. Comcast, the No.1 U.S. ...
2012/05/17, 22:35

All-time top 10 IPOs for Internet companies

Facebook Inc. and its shareholders have raised $16 billion in an initial public offering of stock. It is by far the largest IPO ever for an Internet company.
2012/05/17, 22:24

Facebook bet pays off for Russia's Usmanov

MOSCOW (Reuters) - Russia's richest man recognized the value of Facebook Inc three years ago when he invested in the social networking company and now stands to enjoy a payday of around $1 billion, propelling him further ahead of Russia's oligarchs, who have largely stuck with oil and steel. Alisher Usmanov, who topped Forbes magazine's annual list of Russia's richest investors in April, began his career making plastic bags and built his fortune in metals and mining. He is now worth $18.1 billion, up from $2.6 billion six years ago, according to Forbes. ...
2012/05/17, 21:51

Iran threatens to sue Google over dropping Persian Gulf

DUBAI (Reuters) - Iran's Foreign Ministry threatened on Thursday to take legal action against Google for dropping the name Persian Gulf from its Google Maps and leaving the waterway between Iran and Arab states nameless, state television reported. "One of the seditionist acts taken as part of the soft war against the Iranian nation has been Google's shameless act to drop the name 'Persian Gulf' which is ... against historical documents," Foreign Ministry spokesman Ramin Mehmanparast was quoted as saying. ...
2012/05/17, 21:27

Facebook's Saverin says to pay millions in U.S. tax

(Reuters) - Facebook co-founder Eduardo Saverin said in a statement on Thursday that he is obligated to and will pay "hundreds of millions of dollars in taxes to the United States government." Saverin said his decision to renounce his U.S. citizenship and relocate to Singapore was "based solely on my interest in working and living in Singapore, where I have been since 2009." With social media company Facebook poised for a multibillion-dollar initial public offering on Friday, Saverin has been criticized by lawmakers for what they say is dodging U.S. ...
2012/05/17, 21:24

Merrill, Morgan Stanley doling out Facebook shares

NEW YORK (Reuters) - Santa - or scrooge - has come early for advisers at Bank of America Merrill Lynch and Morgan Stanley Smith Barney. Advisers at the two firms have started to find out how many Facebook IPO shares they are getting, just hours before the social media company is expected to price its initial public offering, according to advisers and clients at the firms. Merrill advisers had until 3 p.m. EDT (1900 GMT) to allocate shares to clients, two advisers said. ...
2012/05/17, 17:08

NH House resurrects Internet access tax ban

A week after it killed it, the House resurrected a bill Wednesday that would ban taxing Internet access in New Hampshire.
2012/05/17, 16:05

Internet Retail and Fulfillment Association Forms to Implement Same-Day Delivery

The Internet Retailer, Fulfillment & Delivery Association (IRFDA) today announced its formation to lead the implementation of same-day delivery of online orders and other friction reducing premium services for internet retailers and fulfillment service providers of all sizes. With sufficient package volume same-day delivery will be the least-cost shipping alternative thus adding to the profit ...
2012/05/17, 15:53

No respite for HP, Dell in Windows 8: BMO

(Reuters) - Microsoft's long-awaited launch of the Windows 8 OS may not change the fortunes of PC makers, BMO analysts said, lowering their price targets on the stocks of Hewlett-Packard Co and Dell Inc. PC sales have been tepid for most of the last year. But volumes registered a surprise 1.9 percent growth in the first quarter of this year, according to Gartner. Windows 8 OS's long-awaited launch this year is widely expected to boost PC sales. But BMO was less optimistic. "Windows 8 will prove to be a disappointment, at least out of the gate," analyst Keith Bachman wrote in a note. ...
2012/05/17, 15:25

Google revamps U.S. search

SAN FRANCISCO (Reuters) - Google is revamping the way it handles searches in the United States to give users quick access to answers without leaving the page, the company said. The new search process is based on what Google calls the "knowledge graph" -- meaning that it tries to pinpoint faster the context surrounding its users' keyword searches. "Over the years, as search has improved, people expect more," said Amit Singhal, vice president of engineering at Google and the head of search, in an interview. "We see this as the next big improvement in search relevance. ...
2012/05/17, 13:52

Internet would have made 1975 Emergency a fiasco: Arun Jaitley

Had internet been there, the Emergency of 1975 would have been a "fiasco", said Leader of Opposition in the Rajya Sabha Arun Jaitley.
2012/05/17, 13:27

Analysis: Facebook can't take Asian growth for granted

SINGAPORE (Reuters) - Even as Facebook fever grips investors ahead of the social networking giant's potential $100 billion-plus initial public offering, its breakneck growth in Asia may be slowing as it moves beyond desktop users to those who access the Internet largely or solely from a mobile phone. In March, Facebook revised its own SEC filings to scale back its scope for further growth in India - its third-biggest user base and the largest population it currently has access to - China remains off-limits to Facebook. ...
2012/05/17, 12:07

Internet would have made 1975 Emergency a fiasco: Jaitley

New Delhi, May 17 (IANS) Had internet been there, the Emergency of 1975 would have been a "fiasco", said Leader of Opposition in the Rajya Sabha Arun Jaitley Thursday as the upper house of parliament took up a debate on a motion to annul a set of government's rules on internet.
2012/05/17, 07:49

Pinterest raises $100 million in funding: WSJ

(Reuters) - Pinterest, the increasingly popular online bulletin board, raised $100 million in a financing round that values the U.S. start-up at $1.5 billion, the Wall Street Journal said, citing people familiar with the matter. The funding is led by Japanese e-commerce site Rakuten, with Pinterest's existing venture-capital investors such as Andreessen Horowitz, FirstMark Capital and Bessemer Venture Partners also participating, the report said. Pinterest could not immediately be reached by Reuters for comments. ...
2012/05/17, 07:17

Internet Society opens regional office in Singapore

The Internet Society has opened a regional office in Singapore, headed by Rajnesh Singh, regional director of its Asia-Pacific bureau. The society said the new office and the Asia Pacific Bureau were "focused on key initiatives, including enhancing Internet access and networks across Asia-Pacific, driving Internet Protocol v6 (IPv6) adoption to support the transition from IPv4, encouraging ...
2012/05/17, 06:38

Australia warns of 'bespoke' online child sex abuse

Australian police warned Thursday that paedophiles were using Internet live-streaming sites to order "bespoke" child sex crimes for real-time viewing, from countries including the Philippines.
2012/05/17, 03:04

Ad execs say jury still out on Facebook as medium

NEW YORK/LONDON (Reuters) - General Motors Inc's decision to stop advertising on Facebook may be a wake-up call for the No. 1 social network, but Top advertising executives say it's far too early to know if the site will take off as an advertising platform. "There's a lot of potential but it's not a slam-dunk," said Martin Sorrell, chief executive of WPP Plc, the world's largest advertising agency. "Showing the impact of branding on Facebook is going to take a long time," he added. Facebook is due to begin trading on Nasdaq on Friday in an initial public offering that will raise about $15. ...
2012/05/17, 03:00

Several brokerages stop taking Facebook IPO orders

NEW YORK (Reuters) - Investors who want Facebook Inc shares when the No. 1 online social network goes public later this week may have lost the opportunity. TD Ameritrade and Fidelity's brokerage arm both stopped accepting orders of Facebook shares as of Tuesday evening, according to representatives for each of the companies. Morgan Stanley & Co did the same, according to three advisers at the firm who declined to be named because they are not authorized to speak to the press. E*Trade Financial also stopped accepting orders as of 4 p.m. ...
2012/05/17, 02:51

Factbox: Facebook's IPO: who gets rich?

SAN FRANCISCO (Reuters) - The rich are going to get richer when Silicon Valley's biggest IPO starts trading on Friday. Facebook this week raised the number of shares it intends to float by 25 percent to 421 million shares, and lifted the target price range to $34-$38 per share as investors clamored for a slice of the third-largest IPO in U.S. history. As a result, the No. 1 social network and its shareholders will now collectively reap more than $15 billion from the initial public offering - a $5 billion hike from early May, when Facebook sought an IPO of roughly $11 billion. ...
2012/05/17, 01:33

Ad execs say jury still out on Facebook as medium

NEW YORK/LONDON (Reuters) - General Motors Inc's decision to stop advertising on Facebook may be a wake-up call for the No. 1 social network, but Top advertising executives say it's far too early to know if the site will take off as an advertising platform. "There's a lot of potential but it's not a slam-dunk," said Martin Sorrell, chief executive of WPP Plc, the world's largest advertising agency. "Showing the impact of branding on Facebook is going to take a long time," he added. Facebook is due to begin trading on Nasdaq on Friday in an initial public offering that will raise about $15. ...
2012/05/17, 01:21

Internet usage patterns may signify depression

In a new study analyzing Internet usage among college students, researchers have found that students who show signs of depression tend to use the Internet differently than those who show no symptoms of depression.


2012/05/18.COM.DE
3 Characters - 1
4 Characters - 14
5 Characters - 31
6 Characters - 46
7 Characters - 60
8 Characters - 103
9 Characters - 98
10 Characters - 111

.DE**EUR 0.51  
*.UK EUR 0.65  
.COM**EUR 0.72  
.NET**EUR 0.72  
.ORG**EUR 0.72  
.EU**EUR 0.72  
.NAME EUR 0.85  
.BIZ**EUR 0.94  
.INFO**EUR 0.94  
.BE EUR 1.16  
*.CY**EUR 1.18  
.ES EUR 1.61  
.DK EUR 1.63  
.ME EUR 1.73  
.NL EUR 1.95  
.IT EUR 2.06  
.AT**EUR 2.10  
.TV EUR 2.38  
.CH**EUR 2.48  
.LI**EUR 2.48  
All prices in EUR excl. VAT. Monthly prices are rounded.
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**=graduated prices, from


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