Sunday, May 20, 2012

IT News Head Lines (AustralianIT) 20/05/2012

AustralianIT.com.au



Facebook tagged as a risky buy
FACEBOOK today faces its moment of truth as its initial $US38 ($38.62) share price is tested against investor expectations.

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Facebook shares set trading record
A RECORD 571m shares traded in Facebook's IPO, and while the market debut was more buzz than pop, its founder is now worth $US19.3bn.

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Victoria dumps e-health system
VICTORIA'S $500 million e-health system has been dumped and will be replaced with a patchwork approach.

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HP to axe up to 30,000 jobs
Hewlett-Packard is poised to eliminate up to 30,000 jobs to help offset dwindling demand for personal computers.

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Drug cartels target Facebook profiles
FACEBOOK and other social media services are increasingly being targeted for human trafficking operations.

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Nokia releases more Lumia smartphones
NOKIA last night announced the arrival of two more Windows based smartphones in Australia, the Lumia 900 and 610.

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High-end gaming goes Ivy Bridge
DELL has showcased new Alienware designer gaming laptops with keyboard back lighting that turns red when a player is eliminated.

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Facebook cements $US38 share price
FACEBOOK has set its final price at $US38 a share, as the social network readies for its IPO later today in the US.

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Facebook hits back over ad concerns
WITH its $US104bn listing on the Nasdaq imminent, Facebook has gone on the offensive after questions were raised over the value of its advertising.

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Pinterest snares $US100m investment
JAPANESE online giant Rakuten says it is leading a $US100 million investment into social media site Pinterest.

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Available Tags:Facebook , HP , Nokia , Ivy Bridge , gaming ,

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