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Internet News Headlines - Yahoo! News
Facebook market makers' losses total at least $100 million
(Reuters) - Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders. A technical glitch delayed the social networking company's market debut by 30 minutes on Friday and many client orders were delayed, giving some investors and traders significant losses as the stock price dropped. The exchange operator is facing lawsuits from investors and threats of legal action from brokers. ...
Dish, TV networks take fight over ad zapper to judges
(Reuters) - A legal battle erupted between DISH Network and some of the major broadcast networks Thursday as the two sides traded lawsuits over the satellite distribution company's "Hopper" DVR, which threatens to bring down the television business model by allowing viewers to skip over commercials entirely. Dish Network Corp asked a Manhattan federal judge to declare that its "Auto Hop" feature does not infringe any copyright owned by the four major U.S. television networks: Walt Disney Co's ABC, CBS Corp's CBS, News Corp's Fox and Comcast Corp's NBC. ...
RealNetworks to refund customers in online subscription dispute
(Reuters) - Online media company RealNetworks said it will set up a $2 million compensation fund for some of its subscribers to settle a complaint filed by Washington state prosecutors over its e-commerce practices. The company, known for its Real media player and Rhapsody music streaming service, was being investigated by the Washington State Attorney General for allegedly charging customers for services they did not subscribe to. ...
Zynga unleashes zombies on smartphones
Zombies stalked San Francisco streets on Thursday as social game maker Zynga ghoulishly introduced a game that lets iPhone or iPod Touch users slash and hack the undead.
Shareholders sue Facebook, NYSE comes calling
SAN FRANCISCO (Reuters) - The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies." The Nasdaq stock exchange also came under further pressure as a source close to the situation told Reuters that NYSE Euronext had opened discussions with Facebook about a potential stock listing there. Nasdaq also faces litigation from angry investors. ...
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