Not enough, UBS tells SEC, over Facebook loss refund

ZURICH, SWITZERLAND – The SEC (Securities and Exchange Commission) in the US said yes to a payback plan of $62 million drafted by Nasdaq OMX Group to compensate companies that lost money over Facebook’s “glitch-ridden market debut”, as Reuters puts it. One of the big losers was market leader Swiss banking giant UBS, which said […]

Yahoo! in Rolle reported to be laying off up to 2 dozen

rolle_lake_geneva_161211.jpg

LAUSANNE, SWITZERLAND – The young Yahoo! firm in Rolle, which will move into its specially-built offices in June, is reported by RTS, Swiss public broadcasting, to be laying off “one or two dozen” workers. RTS cites the city manager of Rolle; the company itself confirmed that it has alerted the town to planned layoffs, but […]

ICRC carries on distributing food, supplies in Syria

Social media’s role having a huge impact on Red Cross work GENEVA, SWITZERLAND – The International Red Cross working closely with the The Syrian Arab Red Crescent team, continue to provide first aid and medical care as well as food, blankets and hygiene items near the city of Homs, to residents and people who fled […]

Facebook’s Time for brands: date, details surface

GENEVA, SWITZERLAND – The new Timelines option for Facebook users that has been gradually rolled out for individuals in recent weeks will be available to companies for their brand pages, starting at the end of this month, according to Ad Age. The date of the new feature’s availability has been the subject of much speculation […]

Facebook files for initial public offering (Chappatte cartoon)

facebook_files_for_initial_public_offering_chappatte

©2012 Chappatte, distributed by Globe Cartoon. More cartoons on Chappatte’s web site. Geneva-based Patrick Chappatte works for the International Herald Tribune, for Geneva newspaper Le Temps, and for NZZ am Sonntag. All cartoons reproduced with permission.

Websites everywhere dark in protest of US anti-piracy legislation

By William New (republished with permission from Geneva-based Intellectual Property Watch) In an unprecedented action suggesting intellectual property rights have bumped up against an access threshold, thousands of websites have gone “dark” today in protest against two draft anti-piracy and counterfeiting bills in the US Congress that the protestors say would harm freedoms online. The […]

Facebook and FTC settle after US commission confirms privacy abuses

Biggest impact may be on other social media: “sitting on a ton of personal information…doesn’t mean you can monetize it in any way you like” GENEVA, SWITZERLAND – Facebook has indeed shared private information with advertisers, a practice it has staunchly denied, according to the US Federal Trade Commission, which has ended a long investigation […]

Tech wars warm up vs old industry lines

GENEVA, SWITZERLAND – The great tech war of 2012 is warming up, writes Fast Company, meaning that four biggies are stepping on each other’s toes and pretty soon the slug fest will begin, featuring Amazon, Apple, Facebook nnd Google. “There was a time, not long ago, when you could sum up each company quite neatly: […]

Tech wars warming up vs when companies had clear profiles

This editorial has been moved to the Editor’s Notepad blog, where it was originally intended to sit (apologies for the early morning confusion).

Dark Facebook messages come to light in Canada murder trial

The role of social networking and Hollywood fantasies in a gruesome first-degree murder trial in Canada became apparent 30 and 31 March. Renee Waring, a personal dog trainer from Ohio in the US, testified by video conference on Wednesday March 30, 2011 that she had evidence on the accused, Mark Twitchell, from their Facebook correspondence, […]