Thursday, May 24, 2012 6:41 AM IST

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Facebook is the largest social networking website in the United States which is operated and privately owned by Facebook, Inc. The site was founded by Mark Zuckerberg with his college roommates while he was a student at Harvard University. It has over 400 million active users worldwide.

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Wall Street finishes flat in late reversal

By Reuters

Stocks staged a late-day reversal on Wednesday, rallying into the close in another volatile session as a sharp rise in materials shares boosted the S&P 500 and gains in Apple <AAPL.O> helped lift the Nasdaq. (3:44 am)

MORE TOPICS: DOW JONES, MORGAN STANLEY, NYSE, HP, CRUDE OIL, EUROPEAN UNION

U.S. stocks recover late, euro falls

By Reuters UK

Wall Street stocks staged a late recovery and the euro flirted with a near two-year low on Wednesday as investors remained on edge about Greece's possible exit from the euro zone, which threatened to deepen the region's debt crisis and hurt an already fragile global recovery. (2:44 am)

MORE TOPICS: GOLD, DOW JONES, FTSE, CALIFORNIA, GERMANY, NUCLEAR WEAPONS

Wall Street ends flat in late-day reversal

By Reuters

Stocks staged a late-day reversal on Wednesday, rallying into the close as a sharp rise in materials shares boosted the S&P 500 and gains in Apple <AAPL.O> helped lift the Nasdaq. (2:26 am)

MORE TOPICS: DOW JONES, MORGAN STANLEY, CRUDE OIL, EUROPEAN UNION, NEW YORK, MANAGEMENT

Company Logo Shown at Headquarters for Oracle Corp in Redwood City
Oracle To Buy Cloud Social Marketing Platform Vitrue

By IBTimes

Oracle Corp. (Nasdaq: ORCL), the No. 1 database company, said it would acquire private cloud media marketer Vitrue for an undisclosed sum a day after German rival SAP (NYSE: SA), Europe's No. 1 software company, offered to acquire e-commerce specialist Ariba Inc. (Nasdaq: ARBA) for $4. (1:32 am)

MORE TOPICS: IBM, NYSE, GERMANY, TWITTER, ORACLE, MANAGEMENT, RETAIL

NYSE pitches listing to Facebook after IPO mess: source

By Reuters

The New York Stock Exchange <NYX.N> is courting a stock listing from Facebook <FB.O>, a source familiar with the situation told Reuters, in the wake of a disappointing initial public offering last week on the rival Nasdaq bourse. (1:30 am)

MORE TOPICS: NYSE, NEW YORK

Stocks, euro fall on Greece exit worries

By Reuters UK

World stocks skidded and the euro fell to a 21-month low on Wednesday on worries about Greece's possible exit from the euro zone, which threatened to deepen the region's debt crisis and hurt an already fragile global recovery. (12:58 am)

MORE TOPICS: GOLD, DOW JONES, FTSE, CALIFORNIA, GERMANY, NUCLEAR WEAPONS

Grieving pit bull
Grieving Pit Bull Stays With Dead Mate For 14 Hours, Awaits Adoption

By IBTimes

The sight that reduced many Facebook users to tears: A grieving pit bull who stayed by the side of his dead partner for over 14 hours before rescue efforts came to take her away. (12:55 am)

Wipro
Wipro Launches Its First Corporate iPhone App - Wipro Buzz

By IBTimes IN

Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro announced the launch of its first corporate iPhone app - Wipro Buzz on Wednesday. (12:48 am)

MORE TOPICS: WIPRO, IPHONE, TWITTER, ITUNES, OUTSOURCING

Free Slurpee Day
Free Slurpee Day At 7-Eleven: Guilt-Free Slurpee Lite Debuts, Where To Get Your Treat

By IBTimes

Summer is fast approaching, Memorial Day is almost here and 7-Eleven is giving out free Slurpees today as part of its annual SlurpFREE Day. (11:34 pm)

Wall Street falls 1 percent on Europe, Dell

By Reuters

Stocks fell 1 percent on Wednesday, with all S&P 500 sectors trading negative as concerns mounted over Greece's future in the euro zone. (11:26 pm)

MORE TOPICS: DOW JONES, CITIGROUP, MORGAN STANLEY, CRUDE OIL, MANAGEMENT, DELL