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ICT

Facebook IPO debacle raises ire

May 25 2012 09:25

The spate of complaints and probes over Facebook's stock offering suggests big institutions had an edge over small ones, raising questions about the process.

ICT

Computers that think

May 25 2012 07:38

Wearable devices that learn about their users could be ready by 2014.

ICT

HP to slash 27 000 jobs by 2014

May 24 2012 08:33

Computer giant Hewlett-Packard says it plans to cut 27 000 jobs - or 8% of its global workforce - by 2014 in a major restructuring effort.

ICT

Facebook rejects IPO lawsuit

May 24 2012 08:01

Facebook says it will "vigorously" defend itself as it rejected a New York investor lawsuit over its $16bn initial public offering last week.

ICT

No truce in Apple-Samsung patent war

May 24 2012 08:26

Two days of court-directed peace talks between the chiefs of Apple and Samsung ended with no sign of a truce in the legal battle headed for court in Silicon Valley.

 
ICT

Google cleared in Oracle suit

May 24 2012 08:29

Google won a major victory as jurors sided with the internet giant in a high-stakes court battle over patents with business software titan Oracle.

ICT

Facebook, banks sued over pre-IPO calls

May 23 2012 18:03

Facebook and banks are being sued by Facebook's shareholders, who claimed the defendants hid Facebook's weakened growth forecasts ahead of its initial public offering.

ICT

Facebook shares continue to sink

May 23 2012 09:33

Investors dumped Facebook shares for a second straight day amid new controversy about the company's $16bn IPO.

ICT

Zuckerberg loses almost $2bn

May 21 2012 17:30

Mark Zuckerberg's fortune dwindled by nearly $2bn to $18.7bn within minutes as trading began again in Facebook shares – which promptly plunged by nearly $5.

Inside Fin24.com

 
ICT

Vodacom ups profit on higher capex

May 21 2012 08:52

Vodacom has posted a modest 8% rise in full-year earnings, coming just short of expectations after a hefty tax bill and high capital expenditure costs.

ICT

Yahoo to sell half of Alibaba stake

May 21 2012 08:58

Yahoo has agreed to sell half of its 40% stake in Chinese e-commerce group Alibaba for about $7.1bn, saying it will return most of the cash to shareholders.

 
ICT

Nigeria fines MTN For bad service

May 21 2012 07:50

Nigeria's telecoms regulator has fined the country's four main mobile operators, including MTN, a total of 1.17 billion naira for poor-quality service.

ICT

Samsung has options to settle with Apple

May 20 2012 14:40

Samsung Electronics' mobile division chief says the company is still seeking to resolve differences in its international patent war with Apple.

Company Snapshot

For detailed Unit Trust information, click here.
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

NicolaaSmith

CIPPA equals automatic zero erosion in the constant item economy We do not have stable – as in fixed real value – money. The real value of money is generally accepted by the public at large to be stable – as in fixed – in low inflation economies, but this is not true. The be... Read their blog...

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