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Thursday, June 7, 2012

Technology Report: Facebook IPO mishandling hurt investor confidence: TD Ameritrade

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06/7/2012
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Facebook IPO mishandling hurt investor confidence: TD Ameritrade
NEW YORK (Reuters) - The mishandling of Facebook's initial public offering in May has rattled the confidence of retail investors, who were already leery of financial markets following a string of crises over the past several years, Fred Tomczyk, chief executive of TD Ameritrade, said on Thursday.
App allows tracking of New York police "stop-and-frisk"
NEW YORK (Reuters) - Determined to keep tabs on New York City police officers' "stop-and-frisk" campaign? There's an app for that.
RIM discards 16 GB PlayBook tablet
TORONTO (Reuters) - BlackBerry maker Research In Motion Ltd will no longer produce the cheapest version of its poorly selling PlayBook tablet, but it said it remains committed to a tablet computer market it has struggled to break into.
Barnes & Noble says U.S. e-books deal hurts public
(Reuters) - Barnes & Noble Inc has objected to the U.S. government's proposed settlement of its price-fixing lawsuit against top publishers and Apple Inc , saying it would harm book sellers and "millions and millions" of book buyers.
Nordic start-ups follow Skype with low-cost calls
HELSINKI (Reuters) - Europe's traditional phone companies, already under pressure from cheap internet-based services like Skype, are about to face more competition from a group of Nordic start-ups that will offer low-cost mobile calls and other services.
Schilling video game company declares bankruptcy
BOSTON/NEW YORK (Reuters) - The video game company owned by former Boston Red Sox pitcher Curt Schilling filed bankruptcy papers on Thursday, less than two years after it won a $75 million loan guarantee from Rhode Island, and federal and state agencies may be investigating the company, 38 Studios.
Google dips toe into customer service business
CHICAGO (Reuters) - Google Inc is dipping its toe into the customer-service business as the world's largest Internet search company steps up competition with e-commerce giant Amazon.com Inc.
Vodafone and Telefonica to spur 4G with shared UK grid
LONDON (Reuters) - Vodafone and Telefonica's O2 announced on Thursday plans to share a network in Britain to improve coverage and speed up the roll-out of a new superfast mobile service at a time of weak consumer spending.
Sprint prepaid unit Virgin to sell iPhone
(Reuters) - Sprint Nextel Corp said on Thursday its Virgin Mobile prepaid business would start selling Apple Inc's iPhone later this month, pitching it against smaller prepaid rival Leap Wireless International Inc.
Sandvine sales to be hit by project delays; shares fall
(Reuters) - Network equipment maker Sandvine Corp estimated smaller-than-expected revenue for the second quarter due to delays in closing several projects with Spanish telecom company Telefonica SA.
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