Putting a price on Facebook
week in review Facebook's IPO inches closer with pricing announcement, while Oracle v. Google goes to the jury. Also: Microsoft books partnership with Barnes & Noble and the Samsung Galaxy S III arrives, sort of.
week in review We now know what investors will spend -- at least for a few seconds -- to get a piece of what is likely the most anticipated tech IPO ever.
Facebook is, according to a filing with the U.S. Securities and Exchange commission, which would value the company at roughly $88 billion. The company is aiming to price its shares between $28 and $35.
This paves for the way for Facebook and its bankers to begin the road show on Monday, with shares to start trading on May 17 or 18. While this valuation is lower than the $100 billion that has often been cited, the price will likely change depending on the success of the road show. The slightly lower valuation, however, could be due to Facebook's less-than-rosy financial results for its first quarter, which it reported last week.
The Oracle v. Google case is about copyright, patents and the intricacies of the open-source world. But it's also about Oracle trying to get a do-over for decisions made by Sun's executive management.
The software giant will invest $300 million in a new Barnes & Noble subsidiary, giving it a 17.6 percent equity stake in the company. The Nook digital bookstore will be bundled with Windows 8.
The Samsung Galaxy S III comes to Europe later this month, though you almost certainly won't see it in the U.S. until summer. CNET's got the full specs and hands-on impressions.
RIM shows off its new software at BlackBerry World to rave reviews. But can the company deliver? And will it be enough to compete with Apple and Google?
More than 250,000 people signed Mark Shields' petition demanding better conditions for workers who assemble iPads. Shields said he fell into the cause accidentally. But he also does this sort of thing for a living.
The wide-reaching social network now offers the ability to share whether you are an organ donor, in the hopes that this will save more lives on a daily basis.
The companies, which are suing each other over their smartphone and tablet products, have been ordered to pare down the claims by Monday
The mobile phone company says that the patents relate to everything from power management to application stores. The suits were filed in the U.S. and Germany.
Board will investigate allegations Scott Thompson inflated his educational achievements by claiming a degree his college didn't even offer when he was enrolled.
The super perigee moon will be nearly as close as last year's eye-popping spectacle. No calamities predicted.