Technology Report: Facebook halts secondary market trading before IPO

Click to View in Browser 03/28/2012 Facebook halts secondary market trading before IPO SAN FRANCISCO (Reuters) - Social networking site Facebook is halting the sale of its shares on secondary markets effective next week, aiming to reduce churn in its valuation which could complicate matters as it sets an IPO price, a person familiar with the situation said on Wednesday. Third Point blasts Yahoo for board picks SAN FRANCISCO (Reuters) - Daniel Loeb, chief executive of hedge fund Third Point, said he would continue to push to revamp Yahoo Inc's board of directors following Yahoo's decision to reject him as a board member. Face time with Facebook CEO stirs concerns on Wall Street SAN FRANCISCO (Reuters) - Mark Zuckerberg wants at least $5 billion from Wall Street investors, but those investors will not be getting much face time in return. Google proposes Android revenue for Oracle: filing (Reuters) - Google proposed to pay Oracle a percentage of Android revenue if Oracle could prove patent infringement of the mobile operating technology at an upcoming trial, but Oracle rebuffed the offer as too low, according to a court filing late on Tuesday. Nokia seeks to retake China market share BEIJING/HELSINKI (Reuters) - Nokia will start to sell smartphones using Microsoft software in China from April, seeking to claw back market share gobbled up by Apple Inc and Samsung Electronics Co. Silicon Valley startup gala spurs feeding frenzy MOUNTAIN VIEW, California (Reuters) - The most popular show in Silicon Valley moved to the big stage this week, and the money followed. China to boost intellectual property rights: Xinhua BEIJING (Reuters) - China's vice premier promised Apple Chief Executive Officer Tim Cook that the country would boost intellectual property protection, state media said on Wednesday, in Cook's second day of meetings in the company's biggest potential market. Apple offers refund to Australian buyers of new iPad MELBOURNE (Reuters) - Apple Inc will email all buyers of its new iPad in Australia to offer them a refund, a lawyer for the company said on Wednesday, after the nation's consumer watchdog accused it of misleading advertising over one key aspect of the product. Cyber-centre to shield EU against online crime BRUSSELS (Reuters) - The European Commission laid out plans on Wednesday for a centre to combat illegal online activity and shield the EU against cyber-crime, a rapidly expanding enterprise that costs global business an estimated $380 billion a year. EU's Almunia to decide on Google probe after Easter BRUSSELS (Reuters) - The EU's antitrust chief said on Wednesday that he would decide only after April 8 whether to formally charge Google or drop an ongoing investigation and that he would not bow to pressure to push out a decision more quickly. Related Video Nokia eyes China market share Historic face transplant for gun injury victim Mediafile Kevin Kelleher The high costs of the cloud Noel Randewich Can't find a socket to charge your phone? IDT's got a solution. A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend