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Facebook IPO
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Nasdaq Has Agreed to Pay $10 Million to Settle The Agency's Charges
May 29, 2013The U.S. Securities and Exchange Commission charged the Nasdaq stock exchange with violations of securities law for its "poor systems and decision-making" during Facebook's initial public offering, the agency has announced. Nasdaq has ...
Tags: Nasdaq, SEC Charge, Facebook IPO
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Twitter Could Be Valued at $11 Billion If It Goes Public in 2014
Jan 8, 2013Popular micro-blogging website Twitter could be valued at $11 billion if it goes public in 2014, according to a report by specialist financial researchers Greencrest Capital. This would suggest that the company has regained value that was ...
Tags: Twitter, 2014, IPO, Greencrest Capital
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Swiss Bank UBS Is Planning to Take Legal Action Against Nasdaq OMX Group
Dec 28, 2012Swiss bank UBS is planning to take legal action against Nasdaq OMX Group to recoup losses it made related to the Facebook IPO, the company said on Tuesday as it reported its second quarter results. As a result of "the gross mishandling of ...
Tags: UBS, legal action, Nasdaq OMX Group, Facebook IPO
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The Shares Have Lost Nearly Half Their Value Since May
Dec 27, 2012Facebook shares have hit a new low of $19.82 before closing at $20.04 after the social network reported slowing growth and admitted more than 83 million accounts may be fake. The shares have lost nearly half their value since May, when ...
Tags: social network, Facebook, Share Price, Security and Exchange Commission
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Businesses Take Advantage of Economic Benefits of Setting up Operations in Malaysia
Dec 26, 2012Businesses are increasingly taking advantage of the economic and political benefits of setting up operations in Malaysia, whether to gain access to a highly skilled but lower-cost workforce to support global operations, or as a stepping ...
Tags: Malaysia, BP, IT Initiative, Multimedia Super Corridor