Tag Archives: networking giant

Switched On: Cisco’s hard-luck hardware

DNP Switched On Ciscos hardluck hardware

Each week Ross Rubin contributes Switched On, a column about consumer technology. When you think about companies that dominate specific technology markets, alongside names such as Apple, Microsoft, Facebook, Google, Intel. SAP and Oracle, you would no doubt include Cisco Systems. Founded in 1984, the networking giant, which has grown largely via acquisition ...

Facebook no longer recommends Google Chrome, replaces it with Opera

Facebook no longer recommends Google Chrome, replaces it with Opera

Last week rumors began to circulate that Facebook was interested in acquiring Opera Software, the makers of the Opera Web browser. The social networking giant recently removed Google's Chrome Web browser, which is the most popular in the world, from its recommendation list and replaced it with Opera, further fueling the speculation of a potential ...

Facebook reportedly in talks to acuire Web browser maker Opera

Facebook reportedly in talks to acuire Web browser maker Opera

Following Facebook's $1 billion acquisition of Instagram, it looks like the company has no intention of slowing down. According to a report from Pocket-lint, the social networking giant may be looking to enter the Web browsing market by purchasing Opera Software. The move would put Facebook in direct competition with Microsoft and Mozilla, and it ...

Nasdaq shareholders mum on Facebook IPO

NEW YORK (Reuters) - Not a single shareholder asked a question at Nasdaq OMX's annual meeting on Tuesday, just days after the exchange operator bungled Facebook's widely anticipated market debut, which helped launch the new stock into a three-day slide. When Nasdaq Chairman H. Furlong Baldwin called for questions at the Tuesday morning meeting in ...

Funds with Facebook hammered as proxy by shorts

(Reuters) - Some investment funds have paid a price for their friendship with Facebook since the social networking giant went public last week. Firsthand Technology Value Fund and GSV Capital Corp, two closed-end funds that bought shares of the social media company before the IPO, have taken a beating, used as proxies for betting against ...

Nasdaq CEO looks past Facebook IPO bungling

NEW YORK (Reuters) - The listing business of Nasdaq OMX is in good shape despite the mistakes the exchange operator made in the handling of Facebook's high-profile initial public offering Friday, Chief Executive Robert Greifeld said on Tuesday. A technical glitch during the IPO of the social networking giant delayed Facebook's market debut by half ...

Investor sues Nasdaq, alleges Facebook IPO bungled

(Reuters) - Nasdaq OMX Group Inc has been sued by an investor who claimed the exchange operator was negligent in handling orders for Facebook Inc shares following its initial public offering, causing losses for investors. Phillip Goldberg, a Maryland resident, is seeking class-action status on behalf of all investors who lost money because Nasdaq delayed ...

Some investors still await confirmation on Facebook orders

NEW YORK (Reuters) - Some customers of Fidelity Investments, Morgan Stanley and Charles Schwab are still waiting to see if their trades for Facebook shares were completed on Friday. Massive demand for the social networking giant's initial public offering on Friday, which set a trading volume record for U.S. market debuts, led to a 30-minute ...