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About Shawn Hess

Shawn Hess is a staff writer for WebProNews and an expert procrastinator. Follow Shawn on Twitter, on StumbleUpon, and .
Startup Act 2.0 Legislation Will Help Create Jobs Startup Act 2.0 Legislation Will Help Create Jobs
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The government is at least trying to do something about the abysmal job situation in the United States. In December US Senator Mark R. Warner introduced the Startups Act to help facilitate job creation and it received backing from many …

Yahoo and Ford Motors Present Plugged In TV Series

As you already know, Yahoo has been scrambling to create new original series for its video destination. Last month we brought you information on a new reality television show that Yahoo teamed up with Ford Motor Company to bring to …

Facebook Power Users [Infographic] Facebook Power Users [Infographic]

Who are the most active Facebook users? What are they doing with all that time they spend on the site? How many fall into this category? This next inforgraphic from Demandforce.com answers all those questions and more. It’s packed with …

Google AdWords Launches Tools for Smarter Marketing Google AdWords Launches Tools for Smarter Marketing

Once again Google is adding some features to their AdWords site to help users get more milage from their campaigns. This time they’re offering an Auction insights report that will allow you to compare what others are doing and extract …

Facebook Shares Hit Below $31 at 18% Decline Facebook Shares Hit Below $31 at 18% Decline

Today the market on Facebook shares opened at $32.91, even lower than yesterday’s $34 closing price, but as trading got underway, the trend still favored the downward spiral. As I write this article, Facebook is trading at almost 18% below …

Facebook IPO: Underwriters Fail to Prop Up Demand Facebook IPO: Underwriters Fail to Prop Up Demand
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After Friday’s botched Facebook IPO, where trading prices barely exceeded the $38 per share target price, things looked even worse yesterday. The market closed at just over $34 per share for Facebook. Now many banks offering the stock say they …

Facebook IPO: Big Bank’s Hidden Revenue Forecast Facebook IPO: Big Bank’s Hidden Revenue Forecast

It’s not really news to anyone at this point, but the much anticipated Facebook IPO has been a big letdown for almost everybody involved. Of course, we think it began with Nasdaq’s monumental big trading desk communication breakdown, but Reuters …

Facebook Daily Trading Ends At $34.03 Per Share Facebook Daily Trading Ends At $34.03 Per Share

Facebook ended their first day of trading without underwriters propping them up and stock prices closed at nearly 11% below their targeted $38 per share price. Prices have been fluctuating all day, but the general trend suggests a $30 to …

IBM Wins Contract for Gov’t Smart Energy Solutions IBM Wins Contract for Gov’t Smart Energy Solutions

IBM has just won a contract with the United States Federal Government to develop and install smart energy-efficient building technology in 50 of the governments highest energy-consuming buildings. The US General Services Administration (GSA) contract with IBM will feature cloud-based …

Are Facebook Shares Just Too Pricey? [Twitter Reaction] Are Facebook Shares Just Too Pricey? [Twitter Reaction]

What’s one of the first things you try if something isn’t selling well? Did you say discounts? Of course, Facebook has to be selling poorly because it just costs too much. I think they should try out a buy one, …

Facebook Stock Falls 13% Below $38 Offering Price Facebook Stock Falls 13% Below $38 Offering Price
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Uh Oh! Facebook still isn’t delivering on the demand the company and its underwriters were hoping for. In fact, It’s currently selling for more than 13% below its $38 per share target price. That’s right, you can own a piece …

Who’s Holding All The Facebook Shares? Who’s Holding All The Facebook Shares?

Interested in Facebook stock? You are not alone. Despite some technical difficulty and lower than expected trading on their IPO launch date, Facebook is still one the hottest stocks being traded on the Nasdaq today. As many could have guessed, …

Scott Thompson Steps Down From F5 and Splunk Inc. Scott Thompson Steps Down From F5 and Splunk Inc.

Scott Thompson’s not so subtle departure from Yahoo left some wondering if he in fact, does have health problems or just fabricated a clever excuse to sidestep allegations that he intentionally perpetuated the myth that he held a bachelors degree …

Yahoo and Alibaba Make Stock Deal Official Yahoo and Alibaba Make Stock Deal Official

Remember the $7 billion deal we were talking about on Friday with Yahoo and Chinese-based Alibaba? Well, they are making it official. Yahoo has agreed to sell off its shares of the Alibaba empire. A majority will be purchased back …

Facebook’s Less Than Stellar IPO Performance Facebook’s Less Than Stellar IPO Performance
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Looking back to Friday, the day of the big Facebook IPO, we reported that there was some sort of technical issue that hampered trading early on. According to sources on the inside, it could all be traced back to a …

Zuckerberg’s Commemorative Hoodie from Nasdaq Zuckerberg’s Commemorative Hoodie from Nasdaq
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Just before this mornings Facebook IPO, CEO Mark Zuckerberg and a crowd of enthusiastic fans gathered outside Wall Street to ring the official bell. During the ceremony Nasdaq’s Bob Greifeld presented Mark with a gift to commemorate the event. Guess …

Why Facebook Didn’t Perform As Expected Why Facebook Didn’t Perform As Expected
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Despite having the largest retail demand of any IPO in history, this morning’s much anticipated Facebook IPO debuted with less than stellar performance. While some experts expected stock prices to shoot over $70 per share, it only enjoyed a short …

Facebook Has Highest Small Investor Demand Ever Facebook Has Highest Small Investor Demand Ever

Just before trading kicked off this morning, CNBC was reporting that Facebook’s IPO has generated the largest small investor interest in history. Now, it’s too early to say how those sentiments are figuring into who actually grabbed a piece of …

Facebook Didn’t Have The Showing Some Expected Facebook Didn’t Have The Showing Some Expected

It’s here and trading. The Facebook IPO is away! The market opened trading the stock at just over $42 per share, which is modest at about 10% more than the suggested $38 per shares negotiated price. While many expected the …

Groupon Stock Spike; Something’s Fishy? Groupon Stock Spike; Something’s Fishy?

Something looks fishy to regulators over on Wall Street. Groupon shares jumped an incredible 18.5% Monday from their close on Friday. Coincidently, Groupon announced their first profit ever in their first quarter earnings report for 2012, just after the stock …

Facebook IPO Will Earn Underwriters Some Big Cash Facebook IPO Will Earn Underwriters Some Big Cash

Yes it’s finally here. In less than one half hour Facebook will begin trading on the Nasdaq stock exchange in what is probably one of the most well publicized IPOs in history. Despite early warnings that Facebook is already overvalued …

Yahoo and Alibaba Come to a Compromise Over Shares Yahoo and Alibaba Come to a Compromise Over Shares

Before Yahoo CEO Scott Thompson offered his resignation at Yahoo he visited China several times and met with Alibaba CEO Jack Ma. The two CEOs along with Yahoo’s CFO Tim Morse and legal head Mike Callahan were working out a …

Facebook IPO Kicks Off at 11AM Today Facebook IPO Kicks Off at 11AM Today

It’s finally here, the day we thought they would infinitely delay. That’s right, its IPO day for Facebook. At 11am this mourning shares of Facebook will begin striding on the Nasdaq stock exchange under the ticker symbol “FB”. The offering …

Facebook Co-Founder Responds to Allegations of a Scam Facebook Co-Founder Responds to Allegations of a Scam

As you may recall Facebook co-founder Eduardo Saverin has been getting a lot of grief over his decision to renounce his United States citizenship and live in Singapore. Most of the concern revolved around him escaping high income taxes that …