Facebook Sets Price in $104B Flotation
Facebook has priced its shares ahead of one of the most eagerly-anticipated share flotations in recent stock market history. The social network said on Thursday that it valued shares at US$ 38 each, and…
HTC Shares Slide as Patent Dispute Delays US Shipments
A ban on the sale of any HTC phones in the US that use an Apple-patented technology has contributed to the decline in HTC share prices.
Facebook’s Saverin Renounces US Citizenship Ahead of Facebook IPO, Will be Based in Singapore
Facebook co-founder Eduardo Saverin has renounced his U.S. citizenship to save on taxes, and will be based in Singapore to focus on Asian investments.
Chinese Social Network Renren Sees Losses Increase
The Chinese social networking site Renren has reported wider losses for the first three months of the year, partly due to weak advertising revenues.
Micron in Talks to Acquire Japanese Chipmaker Elpida
U.S. chipmaker Micron Technology is in talks to acquire Elpida Memory, which earlier this year filed for Japan’s largest-ever manufacturing bankruptcy.
Singapore-Based Eco-Business to Relaunch with Focus on Giving Green-Friendly Businesses a Publishing Platform
Singapore-based green business news site EcoBusiness will relaunch its website with focus on giving businesses a platform for sharing updates.
Facebook IPO Set for May 18
Facebook’s much-anticipated IPO is reportedly going to be held Monday, May 18, raising $5B, giving the social network a $100B valuation.
Kickstarter Project ‘Scam’ Raises Questions on Crowdsourcing Funds for Startups
The discovery of a fraudulent project on Kickstarter raises questions on the wisdom behind crowdsourcing of startup funding.
Nintendo to Offer Digital Downloads for 3DS, Wii U Handheld Game Consoles
Nintendo has announced plans to offer games as digital downloads for the 3DS and the upcoming Wii U in a bid to make content more accessible to gamers.
Apple Trumps Expectations, Sells 35M iPhones in Q2 2012
Apple Inc., the world’s most valuable company, trumped skeptics once again by reporting blowout iPhone sales.







![Growth of Social Networks in Asia [Infographic] Growth of Social Networks in Asia [Infographic]](http://www.techwireasia.com/wp-content/uploads/2012/02/facebook-040212-50x50.jpg)
