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Date: 2013-03-05
Technology News:
Company News:
Facebook hit with fresh IPO-related lawsuit
US-FACEBOOK-IPO-LAWSUIT:Facebook hit with fresh IPO-related lawsuit
By Tom Hals

(Reuters) - A Facebook Inc shareholder filed a lawsuit over the largest social networking company's botched initial public offering and is seeking to hold Chief Executive Mark Zuckerberg, directors and officers responsible for the damage.

The lawsuit b...


Ex-Yahoo executive says company tried to "cheat" him: lawsuit
US-YAHOO-LAWSUIT:Ex-Yahoo executive says company tried to "cheat" him: lawsuit
By Alexei Oreskovic

SAN FRANCISCO (Reuters) - The founder of a company acquired by Yahoo Inc for $270 million said in a lawsuit filed on Monday that Yahoo tried to cheat and humiliate him by firing him at a bar weeks before his first retention bonus was due.

The p...


Mexico's wealth gap in spotlight as Slim and miners get richer
US-BILLIONAIRES-LIST-MEXICO:Mexico's wealth gap in spotlight as Slim and miners get richer
By Gabriel Stargardter

MEXICO CITY (Reuters) - Two Mexican mining magnates have moved up Forbes' annual list of the world's richest, headed once again by compatriot Carlos Slim, underscoring the challenge the new government faces to narrow the wealth gap and pull millions out of po...


Facebook hit with fresh IPO-related lawsuit
US-FACEBOOK-IPO-LAWSUIT:Facebook hit with fresh IPO-related lawsuit
By Tom Hals

(Reuters) - A Facebook Inc shareholder filed a lawsuit over the largest social networking company's botched initial public offering and is seeking to hold Chief Executive Mark Zuckerberg, directors and officers responsible for the damage.

The lawsuit b...


Google shares gallop to new highs; stock up 700 percent since 2004
US-GOOGLE-SHARES-HIGHS:Google shares gallop to new highs; stock up 700 percent since 2004
By Caroline Valetkevitch

NEW YORK (Reuters) - These days Google Inc is on a roll, making it the $800 gorilla in the room. Its shares hit an all-time closing high of $821.50 on Monday and some securities analysts are already forecasting the search company could soon be a $1,000 stock.

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