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Alec Baldwin Is Engaged to Hilaria Thomas
Alec Baldwin liked it so much he put a ring on it! The 53-year-old 30 Rock star is engaged to 27-year-old girlfriend Hilaria Thomas, his rep confirms to E! News. "Yes, it's true," the actor's rep said. "Alec proposed to Hilaria this weekend and we're...
Tags: 30 Rock (tv program), Kim Basinger, American Airlines, Inc., Words With Friends (game), Alec Baldwin
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Facebook plunges 18% below IPO price
CNNFacebook continued to plunge as its stock dropped nearly 9% Tuesday. Facebook fell as low as $30.98 per share just minutes after the the opening bell. That's 18% below $38, the price of its initial public offering, which debuted on the Nasdaq on Friday....Tags: Goldman Sachs, JPMorgan Chase & Co., Social Media, Morgan Stanley Dean Witter & Company, Economy, Business and Finance
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American Express launches FarmVille rewards card
American Express has created a card that rewards FarmVille users with virtual cash for their real-world purchases. Users of the hit social media game can begin signing up for the FarmVille card starting Tuesday. The card is part of American Express'...
Tags: FarmVille, Facebook, American Express Company, Google Inc., Google+
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Facebook Stock Sinks Nearly 12%, Falls Below IPO Price
CNNNEW YORK -- Facebook's stock slid below its offering price in morning trading on Monday, following a lackluster debut day. Facebook fell as low as $33 in the first half-hour of trade, but it closed at around $34.03 on Monday. That's down 11% from...Tags: Goldman Sachs, Initial Public Offerings, Groupon, Inc., Facebook, LinkedIn Corp.
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Facebook shareholders are wedded to the whims of Mark Zuckerberg
So, against all odds, you managed to get your hands on a few shares of Facebook stock via one of the most hyped initial public offerings of all time and managed to survive its messy first day of trading. Congratulations. You're now married to Mark...Tags: Annual and Special Corporate Meetings, Elections, Manufacturing and Engineering, Michael Hiltzik, Business Enterprises
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Facebook's lackluster debut hurts other social media stocks
Wall Street didn't get the Facebook effect it was hoping for.
In a sign that the social networking giant may have already become a bellwether for its sector, shares of virtually every social media company sank Friday with Facebook Inc.'s lackluster debut...Tags: Culture, Groupon, Inc., LinkedIn Corp., Social Media, Financing and Stock Offerings
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Facebook IPO falls short of the hype
There wasn't much to like about Facebook's first day as a public company.
The social media giant's stock rose by mere pennies in its initial public offering. The shares closed at $38.23, barely above the $38 IPO price.
The performance fell far short...Tags: Manufacturing and Engineering, Business Enterprises, Groupon, Inc., Music, Financing and Stock Offerings
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Is Facebook a graveyard for games?
It may be a financial bonanza for investors riding on the coattails of Facebook's grand initial public offering today, but in social gaming land, few are celebrating. Facebook, whose popularity among its nearly 1 billion users has been partly fueled by...
Tags: Science and Technology, Gaming, Amazon Kindle Fire, Google Inc., Social Media
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Friday Buffet: Bravo, 8-bit 'Community'
News Roundup •••• Former major league pitcher Curt Schilling’s 38 Studios, which released “Kingdoms of Amalur: Reckoning” in February, is in financial hot water with the state of Rhode Island. Taking cash from the...
Tags: Services and Shopping, Gaming, Auction Service, Apple iPhone, NBC (tv network)
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T. Rowe Price sees Facebook investment more than triple in a year
T. Rowe Price Group's stake in Facebook Inc. more than tripled in value as the social networking giant went public Friday. At the close of the market Friday, T. Rowe's investment in Facebook was valued at $695.8 million. The Baltimore-based mutual fund...Tags: T. Rowe Price, T. Rowe Price Group Incorporated, Groupon, Inc., Social Media, Ning Inc.
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Facebook's gaming ecosystem looks shaky, book says
Facebook Inc.'s initial public offering isn't just a flop on Wall Street. It's also not making waves in social gaming land.
Facebook, whose popularity among its nearly 1 billion users has been partly fueled by social games published by Zynga Inc.,...Tags: Science and Technology, Gaming, Amazon Kindle Fire, Google Inc., Ecosystems
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The Facebook effect: Social media stocks sink
On the day Facebook went public other social media stocks have begun to drop like flies. Social media companies such as Zynga, LinkedIn, Groupon and Pandora that went public in the last year began Friday with some poor results, each seeing its stock...
Tags: Groupon, Inc., Facebook, Google Inc., Google+, Gaming Industry
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|Column| Los Angeles Times
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May 19, 2012
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May 18, 2012
|Story| Los Angeles Times
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