banks

banks

Analysts' Average Facebook Target: $37.71

online.wsj.com
Analysts at Facebook's underwriting banks chimed in with ratings Wednesday—and the reviews weren't as bullish as some had expected. The stock fell more than 1% in late-morning trade....
Analysts' Average Facebook Target: $37.71

Shareholders sue Facebook, Zuck, Morgan Stanley and banks over IPO marketing process

thenextweb.com
In case you’re also following the kerfuffle in the aftermath of Facebook’s big IPO, here’s the latest update from Reuters: In a lawsuit filed in the U.S. District Court in Manhattan, Facebook shareholders are suing the company, co-founder and CEO Mark Zuckerberg and several banks, including lead underwriter Morgan Stanley....
Shareholders sue Facebook, Zuck, Morgan Stanley and banks over IPO marketing process

New "Man in the Browser" Attack Bypasses Banks' Two-Factor Authentication Systems [Hacking]

gizmodo.com
The banking industry often employs two-step security measures—similar to Google Authenticator—as an added layer of protection against password theft and fraud. Unfortunately, those systems have just been rendered moot by a highly-advanced hack. More »...
New "Man in the Browser" Attack Bypasses Banks' Two-Factor Authentication Systems [Hacking]

Facebook wants to be your online bank

tech.fortune.cnn.com
The social media giant is quietly supporting new services for banks that want to engage socially with their customers: The decidedly unsocial business of online banking. [cnnmoney-byline src="By Lauren Barack"] FORTUNE -- Someday soon, Facebook users may pay their utility bills, balance their checkbooks, and transfer money at the same...
Facebook wants to be your online bank

Facebook Slides Again

online.wsj.com
Shares of Facebook continued to slide in premarket trading amid a Reuters report that an analyst for one of its banks had trimmed his outlook for the social-network company's revenue just ahead of the deal....
Facebook Slides Again

Facebook and banks face lawsuit

www.bbc.co.uk
Facebook, its founder Mark Zuckerberg, and the banks leading its flotation are sued over claims that financial information was not disclosed....
Facebook and banks face lawsuit
Recent formations say the Moon's not (tectonically) dead yet!

Rogers and CIBC make joint deal for NFC mobile payments in Canada, let you check out with your BlackBerry

www.engadget.com
Canadians sometimes can't catch a break: while NFC payments have been relatively common for Americans, Europeans and certainly the Japanese, Canucks have had to largely make do paying with ye olde credit carde. Rogers and national bank CIBC want to put an end to these antediluvian ways: starting later...
Rogers and CIBC make joint deal for NFC mobile payments in Canada, let you check out with your BlackBerry

Facebook Stock May Tank This Week As Banks Run For The Hills (FB)

www.businessinsider.com
NEW YORK (Reuters) - Newly issued shares in Facebook Inc <FB.O> may have a hard time in the coming week if lead underwriter Morgan Stanley stops supporting the stock and managers lower down in the IPO book who were hoping for an early surge decide to get out before going...
Facebook Stock May Tank This Week As Banks Run For The Hills (FB)

Social Marketing Startup BlogFrog Raises $3.2M

techcrunch.com
BlogFrog, a self-described “social activation platform,” has raised $1.2 million in a Series A round of funding. The company was first known as a community for “mommy bloggers”, allowing them to add social features to their sites. In the last year or so, however, BlogFrog has shifted direction, using its...
Social Marketing Startup BlogFrog Raises $3.2M
Nokia launches nail polish to match the pink Lumia 900
Hackers crack Google Wallet security on rooted Galaxy Nexus [video]

Blackberry maker warns of loss

www.bbc.co.uk
The company behind the Blackberry smartphone warns it will make a loss in its latest quarter and make "significant" job cuts, as it hires banks to review its business....
Blackberry maker warns of loss

Former IT salesman: 'In part I blame the American mindset that took hold' | Joris Luyendijk

www.guardian.co.uk
Joris talks to an expert in banking systems about the competitive spirit – and the time when he thought he was doing good• This monologue is part of a series in which people across the financial sector speak about their working lives"We need to talk about the huge risks banks...
Former IT salesman: 'In part I blame the American mindset that took hold' | Joris Luyendijk

Hacker claims breach of 79 banks, releases customer data

news.cnet.com
A week after announcing retirement, Reckz0r releases customer data ostensibly culled from bank computers. [Read more]...
Hacker claims breach of 79 banks, releases customer data

Morgan Stanley now loaning shares of Facebook to short sellers

thenextweb.com
Morgan Stanley is now lending shares of Facebook to short sellers, CNBC has recently reported. Morgan Stanley was the offering’s lead underwriter. On the day of Facebook’s IPO, its underwriting banks had to purchase the stock at several intervals to keep it from declining past its launch price. Short selling...
Morgan Stanley now loaning shares of Facebook to short sellers

Mobile banking could be must-have option for consumers

www.zdnet.com
Over twice as many consumers at the nation’s largest banks are using mobile banking more than are those at credit unions, according to a new report....
Mobile banking could be must-have option for consumers

Skype's First Employee Raises $1.3 Million For TransferWise, A Startup That Moves Money Internationally Without Crazy Bank Fees

www.businessinsider.com
When Taveet Hinrikus moved from Estonia to London, he was still paid in kroons and had to transfer the money to his new bank account in the UK. The bank fees weren't pretty -- a 2% transaction fee was charged on top of a 3% bank commission fee.  Hinrikus felt...
Skype's First Employee Raises $1.3 Million For TransferWise, A Startup That Moves Money Internationally Without Crazy Bank Fees

How The JOBS Act will hurt the startup industry

thenextweb.com
Today, Obama is set to sign into law the Jumpstart Our Business Startups (JOBS) Act. In this post I’m going to argue that the passing of the JOBS Act is really bad for the health of the startup industry. Specifically, the JOBS Act is likely to lead to a startup speculative...
How The JOBS Act will hurt the startup industry

Zuckerberg loses $2bn as share price falls

www.guardian.co.uk
Facebook shares fell by nearly $5 on Monday from their Friday closing price of $38.23Mark Zuckerberg's fortune dwindled by nearly $2bn (£1.3bn) to $18.7bn within minutes on Monday as trading began again in Facebook shares – which promptly plunged by nearly $5, or more than 10%, from their Friday closing...
Zuckerberg loses $2bn as share price falls

IBM's Computer Sensation 'Watson' Just Scored A Wall Street Gig

www.businessinsider.com
IBM's supercomputer "Watson," who made an appearance as a contestant on Jeopardy last year beating the quiz show's two most successful champions, just got a job on Wall Street From Bloomberg: Citigroup Inc. (C), the third-largest U.S. lender, is Watson’s first financial services client, IBM said yesterday. It will...
IBM's Computer Sensation 'Watson' Just Scored A Wall Street Gig

Urban Airship launches its guide to ‘Good Push’ and plots move to London

thenextweb.com
At the Open Mobile Summit yesterday, Scott Kveton, CEO and co-founder of Urban Airship explained to the audience how to give ‘Good Push’. The firm is known for enabling developers to use push notifications and in app payments and Kveton was spreading the word about this function as well as...
Urban Airship launches its guide to ‘Good Push’ and plots move to London
Simple Is Now Available To The Public, Cofounder Alex Payne Moves On

RIM's Stock Hits Single Digits

allthingsd.com
Research In Motion’s yearlong slide into the abyss quickened Monday as its stock price fell below $10 for the first time in nearly a decade. Dragged down by RIM’s announcement on May 29 that it’s gearing up to report a quarterly loss and has hired a pair of banks to...
RIM's Stock Hits Single Digits

Visa debuts mobile services suite for financial services

www.zdnet.com
Visa introduces a new mobile services platform for financial services designed to streamline processes for both banks and their customers....
Visa debuts mobile services suite for financial services

Facebook Sued Over IPO Non-Disclosure Of Q2 Revenue Weakness

marketingland.com
The news keeps getting worse for Facebook. First, the IPO didn’t do as well as expected, though it made lots of people at Facebook very wealthy. Then came news that Facebook’s underwriters (banks) had to intervene on Friday to keep the stock from falling below the $38 offering price... Please...
Facebook Sued Over IPO Non-Disclosure Of Q2 Revenue Weakness

How NatWest's IT meltdown developed

www.guardian.co.uk
Guardian's investigations suggest bank's problems began on Tuesday night when it updated key piece of software called CA-7NatWest has admitted that it could not say exactly how much money should be in individual accounts as the crisis caused by a failed software update last week spiralled out of control for...
How NatWest's IT meltdown developed
Haitian mobile banking system falters amid mistrust and infrastructure woes

Grading the Apple analysts

tech.fortune.cnn.com
A visualization of how well (or badly) the pros and amateurs predict Apple’s earnings Green = Amateurs, Yellow = Pros Source: Dediu, PED We’ve been trying for several years to find the best way to show how much better the so-called amateur analysts (some of whom have since gone pro)...
Grading the Apple analysts

DealBook: Regulators Ask if All Facebook Investors Were Treated Equally

dealbook.nytimes.com
Lawmakers are questioning a process in which the banks involved in Facebook's I.P.O. shared a negative outlook about the company only with select clients....
DealBook: Regulators Ask if All Facebook Investors Were Treated Equally
× Just a test of the new info bar. What do you think?