Category Archives: Technology News

Verizon fumbles on “kill unlimited data plans” damage control

Yesterday, at the J.P. Morgan 40th Annual Technology, Media and Telecom Conference, Verizon EVP and CFO Frank Shammo mentioned that his company would be forcing customers away … Continue reading

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Facebook’s $16 billion IPO one of world’s largest

Facebook’s initial public offering of stock is shaping up to be one of the largest ever. The world’s definitive online social network is raising at … Continue reading

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Facebook prices IPO at $38 per share

Facebook has priced its initial public offering of stock at $ 38 per share, at the high end of its expected range. It means investor … Continue reading

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Reports: HP poised to eliminate up to 30,000 jobs

Published reports say Hewlett-Packard is poised to eliminate up to 30,000 jobs to help offset dwindling demand for personal computers as more people connect to … Continue reading

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New financing deal values Pinterest at $1.5 billion

Up-and-coming social networking site Pinterest has raised $ 100 million in a new round of financing, a deal that values the community digital scrapbook at $ … Continue reading

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