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The latest mess in Facebook's IPO - CNET Update

2012-05-23
Facebook shareholders or fuming windows phones are updating and prime subscribers are streaming I'm Bridget Carey and this is your cnet update facebook and investment banks have been slapped with a lawsuit over accusations of hiding information days before it went public the accusation is that Facebook shared additional information that wasn't in its may 9th amended filing with a select group of analysts now shareholders are saying this isn't fair and suing for financial damages from investing without knowing the full picture the lawsuit targets everyone involved including Mark Zuckerberg and banks like Morgan Stanley Goldman Sachs JP Morgan and units of Bank of America and Barclays video streaming through Amazon Prime just got better amazon is getting hundreds of films from Paramount Pictures the titles are a bit old like mission impossible 3 Braveheart and Mean Girls but it shows amazon is continuing to step up its game to compete for content against netflix amazon prime is a membership program that costs eighty dollars a year and gives customers perks like free two-day shipping if you own a windows phone you better update to the 7.5 operating system or else you won't be able to download any more apps most phones are already running 7.5 which was released last fall dell is cranking out some new tablets ultrabooks and hybrids designed for windows 8 metro touch interface Michael Dell made the announcement during a conference call and if you're worried about the risks of renting your room out through airbnb the site announced it will cover hosts for up to 1 million dollars in damages from renters it used to be just $50,000 but it doesn't cover stolen cash collectibles rare artwork jewelry pets and personal liability the online rent your room community of Airbnb had its trusted reputation bruise last year after a host had her home ransacked and vandalized by a renter QR codes are designed to be scanned with a smartphone to open up a web link or shortcut to download something you usually see these pixelated squares on Billboard's mail fliers or other marketing materials offering a shortcut to a store's app or website but anyone can make one easily and that means a QR code could lead you to a malicious link or app if you don't trust the source you might want to download a new QR code scanner from Symantec called Norton snap it's a free app available for both Apple and Android devices it'll check the link in the code and provide you with a safety rating and details about the website that your tech news update for today for more on the stories in today's show visit cnet com / update from our studios in New York I'm Bridget Carey
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