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Reuters reported Tuesday that the Massachusetts Secretary of the Commonwealth has issued a subpoena to Morgan Stanley, the lead underwriter for the social network’s market debut. The subpoena comes after it was reported that analysts working for Morgan... Full Article at The Washington Post
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The launch of Pyramid Solitaire Saga continues our strategy of bringing our most popular and well tested games from King.com to Facebook. We are delighted to surpass 10 million daily active users and look forward to launching more games and continuing the momentum.
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"We believe the lawsuit is without merit and will defend ourselves vigorously," he said. The complaint focuses on what it says was the failure of the companies to disclose to all investors that Facebook was "experiencing a severe and pronounced... Full Article at Hartford Courant
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SOURCE: The Washington Post -
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The plaintiffs assert that the forecast information was only told to a select group of preferred investors and not the entire community. Morgan Stanley is one of the banks accused of withholding revenue growth information. "Morgan Stanley followed the... Full Article at Computer Business Review
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Wikipedia
Facebook (branded as "facebook") is a social networking website launched on February 4, 2004. The free-access website is privately owned and operated by Facebook, Inc. Users can join networks organized by city, workplace, school, and region to connect and interact with other people. People can also add friends and send them messages, and update... Full Article At Wikipedia.org
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