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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 of the grandiose expectations of Wall Street and Silicon Valley, and raised questions about whether the company's stock will be the sure bet many had counted on.

Stocks often make big moves after earnings reports. When there's a big move right before a report, regulators take notice. The obvious question: Who knew what when? Ergo, FINRA, the Financial Industry Regulatory Authority, has launched an investigation of the 18.6% spike in Groupon shares on May 14, ahead of the company's better-than-expected financial results ...

New Yahoo CEO Ross Levinsohn named an executive team, including Mickie Rosen to lead global media and commerce efforts, to help renew growth at the ailing Internet company.

Pinterest, which allows users to share photographs, recipes and other media on custom "pinboards," raised $100 million in a funding round led by the Japanese e-commerce company Rakuten.

Facebook Inc. co-founder Eduardo Saverin will save at least $67 million in federal income taxes by dropping U.S. citizenship, according to a Bloomberg analysis of the company’s stock price. Those savings will keep growing if Facebook’s shares increase.

Mark Zuckerberg was not kidding about Facebook’s hacker culture. The night before the chartbusting initial public stock offering, engineers won’t be counting their Facebook dollars. They’ll be doing what they have always done: Hack. Facebook will pull an all-night hackathon that will end when Zuckerberg rings the Nasdaq’s opening bell from Facebook’s Menlo Park campus.

Investors who want Facebook Inc shares when the No. 1 online social network goes public later this week may have lost the opportunity. TD Ameritrade and Fidelity's brokerage arm both stopped accepting orders of Facebook shares as of Tuesday evening, according to representatives for each of the companies.

Google said it is rolling out an extensive update to its dominant search engine by using troves of data to refine the answers it provides to user queries on specific topics. The technology known as "Knowledge Graph" is being rolled out by Google within its search service over the coming weeks, the company said Wednesday. It uses a database of about 500 million people, places and things compiled by the company to figure out what users are looking for, and present them with additional, related information.

It?s entirely possible to create a list of reasons why you and I should be trying to buy stock in the Facebook IPO. There might well be a price pop given the interest in the issue. The company looks as if it might well become part of the basic infrastructure of the modern world.