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Facebook hikes IPO range to raise $12.1 billion

NEW YORK/SAN FRANCISCO (Reuters) – Facebook Inc has increased the price range in Silicon Valley’s biggest-ever initial public offering to raise more than $12 billion, giving the No.1 social network a valuation potentially exceeding $100 billion. The company founded in a Harvard dorm room by Mark Zuckerberg raised the price target range to between $

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Facebook hikes IPO range to raise $12.1 billion

Google+ trends: Britney Spears confirmed for ‘X Factor,’ ‘Diablo 3’ release

Britney Spears and Demi Lovato have confirmed they will join Fox’s reality TV show “The X Factor” as judges on the show.

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Google+ trends: Britney Spears confirmed for ‘X Factor,’ ‘Diablo 3’ release

Gameloft sees faster growth from second quarter on new launches

PARIS (Reuters) – Mobile video game group Gameloft expects growth to speed up from the second quarter of 2012 as it launches a record number of smartphone games based on a money-making model which allows it to double a

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Gameloft sees faster growth from second quarter on new launches

Twitter index: Spanish microbloggers celebrate Teacher’s Day

Spanish-speaking microbloggers are celebrating “Happy Teacher’s Day” (“Feliz Día del Maestro”) and talking about the things a “typical Mexican teacher” does with the Spanish term “#TipicoMaestroMexicano.”

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Twitter index: Spanish microbloggers celebrate Teacher’s Day

Factbox: Early Facebook backers and their bets today

(Reuters) – Facebook’s earliest venture-capital backers, especially at once-downtrodden outfit Accel Partners, will have reason to celebrate come Friday when the world’s biggest social network is set to debut on the Nasdaq at as much as a $100 billion valuation. Here is a look at some of these pioneering investors

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Factbox: Early Facebook backers and their bets today

Yahoo names Levinsohn interim CEO

Yahoo swept out Scott Thompson as CEO Sunday in an effort to clean up a mess created by an exaggeration about his education that destroyed his credibility as he set out to turnaround the long-troubled Internet company.

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Yahoo names Levinsohn interim CEO

Facebook’s Zuckerberg says mobile first priority

PALO ALTO, California (Reuters) – Facebook CEO Mark Zuckerberg, whose limited role in promoting the No. 1 social network’s market debut has drawn criticism, laid out its growth strategy to investors on Friday, saying that transforming its mobile and advertising experience are top priorities in 2012. Integrating online apps more strongly into Facebook is also a major goal, he told hundreds of investors at an event that capped the first week of Facebook’s cross-country “roadshow” to pitch its highly anticipated initial public offering. Facebook aims to raise about $10. …

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Facebook’s Zuckerberg says mobile first priority

Facebook co-founder Saverin renounces citizenship

SAN FRANCISCO (Reuters) – Facebook Inc co-founder Eduardo Saverin has renounced his U.S. citizenship, according to an Internal Revenue Service report, days before the company’s initial public offering. The news, first published by Bloomberg on Friday, was based on an IRS notice late in April that named people “who have chosen to expatriate.” Facebook plans to raise as much as $10.6 billion in an IPO that is expected to value the company at as much as $96 billion. The offering could leave Saverin, who once owned 5 percent

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Facebook co-founder Saverin renounces citizenship

Internet allows virtual Giza tour in 3D

Vicarious travellers and students of history can take a virtual stroll through the vast necropolis build by the ancient Egyptians in the Giza Plateau, thanks to a 3D Internet project launched this week.

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Internet allows virtual Giza tour in 3D

Univision launching three webnovelas

NEW YORK (The Wrap) – You understand “telenovelas,” and now it may be time to add the word “webnovela” to your vocabulary: Univision, the top network for Spanish-speaking viewers, announced Friday the launch of a new video digital network and three webnovels, a format already popular in much of Latin America. Are webnovelas already a thing? Yes. Univision has offered them in recent years, including “Vidas Cruzadas (Crossed Lives).” Like telenovelas, they

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Univision launching three webnovelas

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