Former Facebook Employees Say Company Celebrates New Ideas, Not New Wealth – ABC News

Former Facebook Employees Say Company Celebrates New Ideas, Not New Wealth – ABC News
But after founder and CEO Mark Zuckerberg, Facebook COO Sheryl Sandberg and a throng of cheering employees rang the Nasdaq opening bell from the company headquarters in Menlo Park, Calif., at 9:30 a.m. ET Friday, the campus became a ghost town.

Ariba Investor Sues Company Over $4.3 Billion Sale to SAP – Bloomberg
Ariba Inc., a California cloud- computing applications maker, was sued by a shareholder claiming SAP AG (SAP) s $4.3 billion takeover offer undervalues the company. Herbert Silverberg, who owns more than 2,000 shares, sued Ariba and its …

Curt Schilling s Videogame Company Goes Bust – CNBC
In a remarkable reversal of fortune, former major league pitcher Curt Schilling has laid off the entire staff that formed his videogame company, 38 Studios, just months after the company designed its first game. While Schilling had said he was pleased with …

Yahoo’s sale of Alibaba stock called good news for troubled company – San Jose Mercury News
Analysts Monday said Yahoo’s (YHOO) $7.1 billion deal to sell half of its stake in the Chinese e-commerce business Alibaba Group provides rare good news for the struggling Sunnyvale company and should please its investor critics, since most of …

Facebook acquires social gifting company Karma – CNET News
Because that’s what the company just did. As the Nadaq public market closed on Facebook’s first day of public trading, the social network bought the small social gifting company. Karma announced the acquisition in a blog post that doesn’t say …

Uggs unveils new wedding boot line for brides; Australian footwear company breaks into bridal – New York Daily News
Wedding party dons Uggs from the Australian footwear company’s cozy “I Do” collection. Here comes the bride, all dressed in . . . Uggs? The popular Australian footwear company has unveiled a new line for brides looking to satisfy their inner …

Cannes 2012: Inside The Weinstein Company’s ‘Lawless’ Premiere – Hollywood Reporter
Shia LaBeouf’s mother is moved to tears, and Jessica Chastain dances with friends at the exclusive after party on Baoli beach on May 19. As one of the most anticipated films of the festival, TWC and FilmNation s premiere of John Hillcoat s Lawless did …

SpaceX Becomes First Company to Dock Ship at Space Station – Bloomberg
It is the first company to accomplish the feat. There s so much that could have gone wrong, and it went right, Musk, 40, said in a press conference from SpaceX s headquarters in Hawthorne, California. This really is I think going to …