Facebook shares end a volatile first day of trading at $38.23, barely above the company’s initial pricing, having initially jumped more than 10%.
The Hobb Blog
Government to miss cookie cut-off
Most government websites will miss the UK’s deadline for complying with EU regulations over cookies, the Cabinet Office tells the BBC.
Facebook raises flotation price
Facebook raises the price range at which it hopes to sell shares from $28-$35 to $34-$38, potentially putting its total value above $100bn.
Facebook tests ‘pay to post’ tool
Some Facebook users are getting the chance to pay a small fee to make some posts ‘more visible’ on the social network.
Telefonica unveils Skype rival
The owner of O2 and Movistar launches an app capable of making calls over the internet like rivals such as Skype.
Evernote to open China data hub
Evernote, the company behind the popular digital note-taking service, plans to tap the world’s largest web community – China
UK faces £1bn broadband shortfall
The government’s targets for access to broadband services are unlikely to be met because of a £1.1bn funding shortfall, says a report.
UK crime agency site taken down
The website of the UK’s Serious Organised Crime Agency is taken offline following a cyber attack.