Facebook's $16 billion IPO 1 of world's largest
NEW YORK (AP) -- Facebook's initial public offering of stock is shaping up to be one of the largest ever. The world's definitive online social network is raising at least $16 billion, a big windfall for a company that began eight years ago with no way to make money....
Reports: HP poised to eliminate up to 30,000 jobs
SAN FRANCISCO (AP) -- Published reports say Hewlett-Packard is poised to eliminate up to 30,000 jobs to help offset dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets....
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....
Review: Facebook snapshot doesn't capture dynamics
NEW YORK (AP) -- In my five years on Facebook, I've shared a lot of photos, links and other tidbits about my life. I've commented on what my friends share, and I've endorsed plenty of their posts by hitting the "like" button. I've gained Facebook friends over the years, and I've lost some....
Zuckerberg's Facebook story is study in contrasts
When Hollywood set out to tell the story of how Mark Zuckerberg launched Facebook, it enjoyed the flexibility of portraying a man who, despite his social network's worldwide reach, was all but unknown to the public....
Buffett's Berkshire to buy Media General papers
NEW YORK (AP) -- Billionaire Warren Buffett's company is making another foray into newspapers, agreeing to buy 63 newspapers from Media General Inc. for $142 million....
Comcast to start charging heavy downloaders extra
NEW YORK (AP) -- Comcast Corp., the country's largest Internet service provider, is going to start charging extra when customers go over a certain monthly data limit....
Brazil judge sentences Twitter user
SAO PAULO (AP) -- A federal judge has sentenced a former law student to 17 months in prison for using Twitter to incite prejudice and discrimination against people from Brazil's impoverished northeast....
