The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company’s sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. more

Facebook may have made social networking a worldwide cultural phenomenon, but it wasn’t the first Internet company to connect people online. And it won’t be the last. more

Twitter will honor requests from users who do not want their online behavior tracked, the company said on Thursday, in contrast with Web companies such Google Incand Facebook Incwhose business models rely heavily on collecting user data. more

Local investors can gain exposure to social network group Facebook, without using their foreign allowance allocation, the JSE said on Friday. more

Facebook starts trading publicly today, and if everything goes well for the world’s largest social network, it will be looking at a $18.4 billion start, making it one of the biggest IPOs in the world. more

A lot of loyal Facebook fans and occasional investors are discovering a hard truth this week: Money and connections talk, especially when it comes to a hot deal handled by Wall Street. more

Facebook Inc priced its initial public offering at the top of its target range to raise more than $16 billion, as strong demand, particularly from retail investors, fuels anticipation of a big pop in the stock when it begins trading Friday on the Nasdaq. more

Wall Street and investors around the globe girded for a frenzy for Facebook shares with investors hungry for a piece of share offering expected to be launched on Friday. more

Pinterest, the increasingly popular online bulletin board, raised $100 million in a financing round that values the U.S. start-up at $1.5 billion, the Wall Street Journal said, citing people familiar with the matter. more