The historic initial public offering of Facebook Inc did not go as planned on Friday. The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close.
Sectors
Restaurant chain Benihana to go private for $296 million
Japanese-themed restaurant chain Benihana Inc plans to go private in a $296 million deal with investment adviser Angelo Gordon & Co
A robot “fish” to detect pollutant is coming out
European scientists are testing robot “fish” which can detect pollutant at the Northern Spanish port of Gijon on Tuesday, according to Reuters.
Samsung galaxy S3 release: Germany May 29, UK May 30 and US June 1
Galaxy S3 is set to first release in Germany on May 29, and then in UK on May 30, followed by U.S. June 1.
Google Chrome became the top browser
Google Chrome has become the world’s top browser, surpassing Internet Explorer in recent weeks. Google Chrome has become the world’s top browser, surpassing Internet Explorer in recent weeks, according to a report of statcounter.
Latest News
Italian insurer Fondiaria-SAI has proposed share swap ratios for the planned merger with Unipol that would give its peer 61 percent of the new merged entity.
Private equity firm Carlyle Group is in talks to sell its stake in Taiwan's Ta Chong Bank to Yuanta Financial in a deal worth up to T$37 billion ($1.
As Facebook raised the expected range of the stock to $34-$38 per share, up from previous range $28-$35, those early investors are looking to cash out more shares.
HSBC is considering selling parts of its U.S. real estate portfolio to accelerate the run-down of the business.
Pre-IPO Investor Makes Investment in Cloud-Based Human Capital Management Software Company
Keating Capital, Inc. (www. KeatingCapital. com) has made a $5 million investment in the Series C Convertible Preferred Stock round of SilkRoad Technology Holdings, Inc.
Carolyn Mathis, Partner with Harbor View Advisors, Ponte Vedra, Florida has joined theFlorida Venture Forum’s Board of Directors.
Universal Music Group's bid to buy a big chunk of EMI stands to make the world's leading music company an even more formidable force.
Sonic Healthcare Ltd, Australia's top pathology and radiology group, has agreed to buy some pathology assets from private equity-owned Healthscope for A$100 million ($100 million).
Private equity firms TPG Capital and Carlyle Group are separately considering bids for United Technologies Corp's industrial units at $3.5 billion to $4 billion.
