Geek fashion isn't always subtle. There are Boba Fett winter hats, Game Boy dresses, and eye-screaming Marty McFly hats. And then there's this set of Helix Stockings. Subtle, tasteful Helix Stockings.
For the science lady who has everything, these $17.99 stockings are off-black and made from nylon and spandex with a velvet-like DNA helix design running nearly a foot long on the side.… Read more
Nasdaq plans to release its Facebook IPO investor compensation plan next week and it will probably be more than the $40 million originally proposed, Fox Business News reported today.
The deal will be all cash and Nasdaq is working with the Securities and Exchange Commission on a second draft of the proposal, unnamed sources told Fox.
The SEC has declined to comment. We have a call into the Nasdaq and will update when we get more information.
The stock exchange's bungle of the social network company's opening day of trading has been widely criticized.
Facebook's first day … Read more
So far this month, Facebook's stock has fallen some 7 percent. The biggest loser is, of course, Facebook co-founder and CEO Mark Zuckerberg. The damage has cost the 28-year-old his spot on the Bloomberg Billionaire's Index of the 40 richest people in the world.
This drop won't affect Zuckerberg's day-to-day living. In fact, he just refinanced the mortgage on his $6 million home in Palo Alto, Calif., with a 30-year adjustable-rate loan starting at 1.05 percent.
The rates available to individuals with a high net worth (Zuckerberg may have lost some value, but he's … Read more
Facebook stock dropped 2.8 percent this morning after an investment firm indicated that the social network's number of users have fallen over the last six months, Bloomberg reported.
The shares of Menlo Park, Calif.-based Facebook decreased 2.8 percent to $27.45 at 10:53 a.m. ET, Bloomberg said, while the shares of Zynga, which has games that are mostly played on Facebook, dropped 6.1 percent to $4.54. Perhaps the panic was short-lived, as the stock ended the day at $28.09, a 0.55 percent decline.
This comes on top of the stock'… Read more
Daily-deals provider Groupon has watched its shares plummet as the weak European market scares investors away.
The company's shares hit an all-time low yesterday of $7.72 before eventually climbing back to end the day at $7.77. According to analysts, who spoke with Reuters recently, Groupon derives a large portion of its revenue from Europe, and continued softness in that market is driving many investors away.
Groupon went public last year at $20 per share. Soon after, the company's shares fell. However, they rebounded earlier this year, making some wonder if the worst was behind it. Since … Read more
Nokia shares have now hit levels that the company hasn't seen in nearly two decades, and not in a good way.
The mobile company's shares closed the day yesterday at $1.84, pushing Nokia's stock to its lowest point in 16 years. The company's market cap stands at $6.89 billion.
Nokia's troubles have been well-documented. The company, which once dominated the mobile space, has watched its popularity erode at the hands of Android and Apple's iPhone. As sales continue to plummet, the company has been forced to rejigger its operation and layoff staff to stay afloat. … Read more
The bad news just keeps coming for Research In Motion.
In early trading today, the company's shares have shaved off 17 percent to land at $7.55. The trading is the first chance for investors to offer up their opinion on the company's bleak fiscal first-quarter earnings that made many wonder if the end is near.
RIM's shares ended the day down 19 percent to $7.39.
During its fiscal first quarter, RIM lost a whopping $518 million, a catastrophic decline compared to the $695 million profit it posted during the same period last year. Quarterly sales … Read more
AOL stockholders expecting a big dividend check after the Internet company's $1 billion patent portfolio sale to Microsoft might be a little disappointed.
After examining its tax strategies and consulting major stockholders, the company has decided a stock buyback is the best way to use the gains from the $1.06 billion sale of some 800 patents and related applications, sources close to the situation tell All Things D.
AOL promised that the proceeds from the sale, which closed on June 15, would be returned to shareholders, although it was unclear whether that would be in the form of … Read more
A U.S. House of Representatives committee chairman has sent a letter to the Securities and Exchange Commission, asking what went wrong with Facebook's recent IPO and suggesting that it's time to overhaul the landmark Securities Act of 1933.
"As we consider means to improve capital formation, we must revisit the Securities Act of 1933," Rep. Darrell Issa (R-Calif.) wrote on behalf of the House Committee on Oversight and Government Reform in a letter obtained by The Wall Street Journal. "The investment banks were given almost 80 years to enjoy this flawed law, fraught with … Read more
The Dallas Mavericks' losses this year weren't the only ones that upset Internet mogul Mark Cuban.
The sports franchise and billionaire entrepreneur owner told CNBC that he sold all 150,000 shares of Facebook stock he owned after suffering through the stock's weak initial showing.
"I already sold it, I took my hit, my thesis was wrong. I thought we would get a quick bounce just about the excitement about the stock. I was wrong, and when you are wrong you don't wait, you just get out. So I took a beating and left," he … Read more
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