Business

WebOS: Dead? Oh, Sure, Almost Certainly — But Not Definitely

Palm Pre

It’s hard to imagine a future for the once-promising operating system. But that doesn’t mean it doesn’t have one.

Broadcasters Sue Dish Network over Ad-Skipping DVR Service

Dish

Broadcasters Fox, NBC and CBS sued Dish Network Corp. on Thursday over a service that offers commercial-free TV.

Facebook, Wall Street Banks Sued Over Pre-IPO Financial Forecasts

Just days after its controversial IPO, Facebook and its Wall Street bankers have been hit by shareholder lawsuits alleging that the social networking giant and its underwriters concealed the company’s decelerating revenue growth from investors.

Facebook IPO Furor: Feds Probing Deal over Insider Bank Warnings

Facebook’s Wall Street investment banks warned top clients of new doubts about the social network’s financial prospects just days before the company’s IPO, according to a series of reports that emerged Tuesday.

7 Reasons Facebook Flopped

Even with such a schizophrenic welcome, no one expected the series of mishaps that has marked Facebook’s IPO. Here’s a look at the contributing factors.

It’s Official: Google Has Acquired Motorola Mobility

Reuters

Google has made its $12.5 billion acquisition of Motorola Mobility official. Google CEO Larry Page announced the closing of the deal in a company blog post.

BREAKING: Chrome Just Became the Web’s #1 Browser (Unless It Didn’t)

Techland illustration

New figures that show Chrome taking the lead are a big deal — until you realize that nobody agrees on browser market share.

Facebook IPO Pops Early, Then Drops in Disappointing Debut

Shannon Stapleton / Reuters

Facebook shares jumped 13% to hit $43 just minutes after the company went public in the largest Internet IPO in history.

Facebook Prices IPO at $38 Per Share

Getty Images

Facebook has priced its initial public offering of stock at $38 per share, at the high end of its expected range. It means investor demand is strong for the world’s largest online social network.

Virgin Atlantic to Allow In-Flight Cellphone Calls

Steve Hockstein / Getty Images

Talk about long distance. Virgin Atlantic has announced that it’s letting customers make calls with their own cellphones on flights between London and New York.

U.S. Mobile Subscribers Hang Up On Contracts

Getty Images

U.S. consumers have had their fill of expensive, contract-based phone plans.