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Facebook Allegedly Looking to Buy Opera to Create its Own Web Browser

Recently ponying up $1 billion to buy Instagram and finally going public, Facebook seems to have a lot going on. The latest rumor surrounding the apex social network is that it may be looking to get into the web browsing business. In addition to this claim, the going word is that the house that Zuckerberg

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Facebook Camera: A TechnoBuffalo Tour

Facebook surprised the world today by announcing its own camera app. It has filters, editing options and everything you love/hate about the social network, including the ability to tag, like and comment on photos. It’s kinda cool, but also kinda like Instagram, which Facebook recently purchased for $1 billion. That aside, we’re here to take

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Facebook Launches Facebook Camera; It’s Basically Instagram

Facebook is joining the grossly overexposed crowd of iOS camera apps. The company on Thursday announced a new application called Facebook Camera, which “puts photos [at] the center of the [Facebook] experience.” Oh, and it offers 15 filters. Just don’t call it Instagram! Basically, Facebook Camera lets you capture, edit and upload photos to the

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Facebook Stock Rumored to Leave the NASDAQ for the NYSE

What do you do when your stock has a rough start on the NASDAQ? You look into switching stock markets, of course. While the NASDAQ stock exchange is known for being heavy with tech stocks, it appears that the technology that powers it could be causing them some business.  When the Facebook stock went live

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Facebook Unable to Reverse its Fortunes in Third Day of Trading

In its third day of trading, things definitely did not improve for Facebook as its stock lost even more ground over its opening price. Facebook lost yet another 8.9% or $3.03 to close at an even $31.  At this point it seems hard to remember that within its first few seconds of trading to the

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Feds to Probe Allegations Morgan Stanley Cut Revenue Forecast Ahead of Facebook IPO

U.S. regulators are prepared to probe allegations that Morgan Stanley published negative information about Facebook ahead of the social network’s initial public offering last week. The news could have resulted in a greater number of companies deciding to sell off stock — or not invest in the company at all. A Morgan Stanley analyst reportedly

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Facebook Stock Slips 11% in its Second Day of Trading

The stock market wasn’t too kind to Facebook in its second day on the NASDAQ. Things didn’t go so well for Facebook on its first day of trading last Friday. From sales starting late due to software issues to closing out trading with barely any gains, it was not an auspicious start for one of

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Mark Zuckerberg Marries His Longtime Girlfriend

You turned 28 on Monday. You listed your company in one of the largest IPOs in history on Friday. Why not cap the week by marrying your girlfriend of nearly a decade?

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Facebook Purchases Karma, the Social Gifting App

Facebook may have just gone public today, but that doesn’t mean it’s waiting around to keep business rolling. The social network just purchased Karma, the social gifting app. Announced on its official Karma blog today, Facebook has acquired the company founded just last year for an undisclosed purchase price.  From the sounds of it, Karma

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Facebook Stock Closes Out its First Day of Trading with a Whimper

Despite a ton of hype and anticipation, it is clear that no one walked away from the Facebook IPO with a wheelbarrow full of new money except for the staff of the company. With an IPO of $38, the Facebook stock opened to the public at essentially $43 – it was $42.05 for about a

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Facebook Sued for $15 Billion Over Privacy Issues

While everyone at Facebook HQ should be celebrating the company launching its stock, the lawyers are busy facing down a new $15 billion dollar lawsuit. A total of 21 lawsuits from around the country have now been combined into one massive class action lawsuit with a value of $15 billion. According to Bloomberg, the paperwork

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What Price Will Facebook Stock Close at Today? (Poll)

With the Facebook stock now officially trading, it’s time to play arm chair quarterback and tell us where you think it’s going. While we are certainly not stock experts around TechnoBuffalo, a couple of us are making predictions on where we think it will end up today: Jon Rettinger – $55 Todd Haselton – $75

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Facebook Shares Open to the Public at $43

Following a delay in the opening of the stock to public trading, Facebook opened up at $43 per share. Despite the price being announced as $38 a share, the institutional traders that got in on the early hours trading had already driven the price up to the $42.50 to $43.00 range. It’s going to be

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Mark Zuckerberg Changed His Status on Facebook for Listing His Company

How often do 28-year-old college dropouts get to list a company on a stock exchange? Seems like a good time to update your status! It’s a big week for Mark Zuckerberg. He turned 28 on Monday and he got to list his social network on the NASDAQ exchange this morning. Not only did he ring

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Pre-IPO Facebook Fun Facts, An Infographic

Facebook is clearly sprinting toward the finish line, trying to monetize everything it can before the IPO. But that doesn’t mean it’s in a terrible spot right now. Nothing brings a point home like a good old infographic, so here’s one outlining some numbers and other fun Facebook trivia — like the fact that Zuck

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Facebook Sets IPO Price at $38 a Share

Facebook has officially set its IPO at the high end of the range it announced the other day: $38 a share. At 11am EST on May 18, Facebook shares will be trading on the NASDAQ under the ticker symbol “FB.”  How much will that one share of your favorite social network going to set you

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Facebook’s IPO: Is it Generating Enough Ad Revenue?

While everyone is talking about the prospects of the Facebook IPO launching this week, one thing that is weighing on a lot of potential investor’s minds is how the social network will make enough money to warrant the investment. Our own Jon Rettinger went on Fox Business yesterday to discuss this situation, and in what

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GM Pulls Facebook Ad Campaign; Ford Pushes on

GM recently confirmed it has decided to pull its $10 million annual ad campaign from Facebook. The automaker typically spends about $40 million per year getting its brand onto Facebook, The Wall Street Journal explained, but the company will continue to pay the difference for management of its Facebook pages and content. The company made its decision after

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Facebook Increases the Size of its IPO Yet Again

With just two days to go before Facebook stock is public, the company has decided to increase the number of shares it will offer up. In an amended registration document this morning, Facebook listed that it was bringing the total number of shares it plans to sell to 421 million. This represents an increase of

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Facebook Mobile Updated With Improved Design, Larger Images

Facebook on Monday announced that it has, yet again, updated its mobile application with new features. The latest version offers edge-to-edge posts, an improved news feed and photos that are 3x larger than before. Typically, Facebook’s mobile news feed offered just small thumbnails of new pictures posted by friends, but now the feed is populated

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Would You Pay To Have Your Facebook Posts Featured?

Ever take pains to word your Facebook shares just right, only to discover that friends and loved ones missed it? What if you could pay for the privilege of making sure they see the super important update? That’s the notion that Facebook is playing around with in New Zealand, as it charges users $0.40–$2 to

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FTC Reportedly Investigating Facebook Acquisition of Instagram

Facetagram or Instabook or the worst acquisition ever is reportedly being investigated by the Federal Trade Commission. According to the Financial Times, “people familiar with the matter” say the FTC is currently collecting a treasure trove of info from Facebook’s competitors, which could potentially stall the merger for up to a year. Just because the

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Microsoft Wants to Make a Facebook Phone, Says Source

I’m laughing. But maybe also crying? Are there that many people out there who love social networking so much they’d buy a Facebook Phone? Possibly! So why not give the public what it wants? The concept of a Facebook Phone is nothing new, but it’s lingered well past its welcome— there was actually two efforts

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Facebook App Center Collects All the Best Social Apps in One Place

Every app ever — whether it’s on iOS or Android — that’s in some way integrated with Facebook is being wrangled by the social network into one ginormous app store. Dubbed App Center, the new feature will allow users to browse whatever cool app their friends are using and download them themselves; Apps such as

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What Facebook Makes Off Of You

Facebook may have had a bad quarter, but it’s not exactly a fail by any yardstick. It boasts 901 million users and $1.058 billion in revenue, making it the web’s most popular social network. TechCrunch did some math on this and figured out, if the network keeps its popularity and revenue up, it would make

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