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Wednesday, May 23, 2012 | 4:40 a.m.

Technology News

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FILE - In this May 18, 2012 file photo provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, rings the Nasdaq opening bell from Facebook headquarters in Menlo Park, Calif. Robert Greifeld, second from right, CEO of the Nasdaq-OMX Stock Market, Inc., said Sunday, May 20, the stock exchange is "humbly embarrassed" by its bungling of Facebook's debut. Facebook's stock was expected to start trading at 11 a.m. Friday, but didn't open until 11:32 a.m., and some investors didn't learn for hours whether their orders went through. (AP Photo/Nasdaq via Facebook, Zef Nikolla, File)

Regulators probe bank's role in Facebook IPO

Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading. Rick Ketchum, the head of the Financial Industry Regulatory Authority, the self-policing body for ...

  • Updated: 3:18 a.m. Wednesday, May 23, 2012
FILE - In this May 18, 2012 file photo provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, rings the Nasdaq opening bell from Facebook headquarters in Menlo Park, Calif. Robert Greifeld, second from right, CEO of the Nasdaq-OMX Stock Market, Inc., said Sunday, May 20, the stock exchange is "humbly embarrassed" by its bungling of Facebook's debut. Facebook's stock was expected to start trading at 11 a.m. Friday, but didn't open until 11:32 a.m., and some investors didn't learn for hours whether their orders went through. (AP Photo/Nasdaq via Facebook, Zef Nikolla, File)

Why Facebook still doesn't look cheap

If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days. But forget the dramatic drop. Investors should focus on the only question ...

  • Updated: 6:14 p.m. Tuesday, May 22, 2012

Facebook looks to settle 'sponsored story' suit

Facebook is close to settling a lawsuit over advertisements it calls "sponsored stories." Launched in early 2011, the service let brands pay to retransmit users' activities to their friends' pages. For example, if someone clicks the "like" button for a brand, this activity might show up as a "sponsored story" ...

  • Updated: 6:13 p.m. Tuesday, May 22, 2012

Aereo wins partial victory in broadcasters' suit

Aereo, a startup that takes live TV broadcasts and sends them to mobile devices in New York for a monthly fee, has won a partial victory in court over the media companies that are suing it. U.S. District Court Judge Alison Nathan in New York dismissed one of three claims ...

  • Updated: 5:49 p.m. Tuesday, May 22, 2012

New ad zapper has TV networks worried about sales

The maker of a new DVR that lets consumers zap away broadcast TV commercials at the touch of a button suggested Tuesday that the networks are being short-sighted in opposing the technology. The Dish Network, which has offered its new Auto Hop feature on new digital video recorders since March, ...

  • Updated: 4:48 p.m. Tuesday, May 22, 2012
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