Thfire.com Everyday news that matters This has been the biggest since Google. LinkedIn IPO was listed today and its price instantly skyrocketed, it increased by 96%. Starting at $45 it exploded to $88 within a few hours. But all this has started raising concerns, is this is the start of a new tech bubble ?? At 12:32 pm EDT, LinkedIn shares are up 141% to ... Read More »
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Facebook calls user a spammer, ends up getting sued for $1
Facebook has crossed the limits, according to a facebook user David Fagin. David Fagin, a facebook user, tried to invite a friend but was blocked by facebook who labeled him a ‘spammer’ for sending out friend requests. Spammer tag from the world’s giant web industry was unwelcome by David Fagin who himself is a writer for Aol, calling the tag ... Read More »
Apple Stocks Stumble as Steve Jobs Takes Medical Leave
Looks like investors believe that Steve Jobs is the iron hand that holds the Apple together and without him Apple would really hit the floor. Apple Inc. shares fell 4.4% in early trading Tuesday, erasing about $15 billion in market value, after the consumer-electronics company disclosed that company visionary Chief Executive Steve Jobs would take another medical leave. Few CEOs ... Read More »