Mark Zuckerberg says Facebook was strengthened by IPO (NewsDay)
Facebook Inc (NASDAQ:FB) CEO Mark Zuckerberg didn’t really want to take his company public last year, but he has changed his mind now that the Internet social network’s stock is steadily rising. Zuckerberg told a San Francisco audience attending a technology conference that he believes the rigors of an initial public offering of stock completed 16 months ago turned Facebook Inc. into a stronger company.
How LinkedIn And Software Rental Make It Easy To Attack Companies (LifeHacker)
Want to gain access to a company server for malicious or illegal purposes? These days, you don’t need much more than the ability to search LinkedIn Corp (NYSE:LNKD) and a willingness to pay for malware development under a software-as-a-service model. This point was raised at the ‘Enrich Defend Protect’ seminar I attended in Melbourne earlier this week. Co-hosted by FireEye, Imperva and Splunk, the overriding theme was how security tools need to integrate with each other to provide an effective defence system…
Lawyer calls Yelp’s suit against him retaliation (InsideCounsel)
Yelp Inc (NYSE:YELP)—the website that allows almost anyone to review businesses around the world—is nothing more than a bully, according to one unhappy customer who happens to be a lawyer. Julian McMillan, who owns a small law firm in San Diego, sued Yelp in small claims court earlier this year, claiming the company did not follow through with their agreement when he bought ads to promote his business on the site. A judge agreed with McMillan’s claims and ordered Yelp to pay McMillan $2,700 as reimbursement for money he spent on the ads. Yelp appealed, arguing that neither McMillan nor the judge understand Yelp’s contract.
Facebook shares heading to another all-time high (PostStar)
Shares of Facebook Inc (NASDAQ:FB) appear to be heading for new all-time highs Thursday with CEO Mark Zuckerberg saying that a horrendous initial public offering two years ago made his company stronger. Zuckerberg didn’t want to take his company public last year, but he has changed his mind now that the Internet social network’s stock is steadily rising. Shares are up almost 70 percent this year.