EconBob

Some of Facebook’s biggest holders are selling up to $3.8 billion in extra shares in Friday’s IPO, in some cases at Facebook’s request. Goldman Sachs and Tiger Global will now sell as much as 50% of their stakes.

Originally posted here:
Facebook IPO: Insiders Cashing Out

Returning to a national currency after more than a decade of using the euro and having its money managed by the ECB would catapult Greece into a financial, legal and political no-man’s land.

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Unknowns Loom If Greece Exits Euro

Apple, which is expected to launch its next-generation iPhone later this year, has ordered bigger screens from its Asian suppliers, people familiar with the situation said.

More here:
Apple Moves Toward Larger iPhone Screens

HTC said Wednesday it will delay the launch of a new smartphone in the U.S. due to a customs review required after the International Trade Commission ruled late last year that the company violated a patent held by Apple.

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HTC Delays Smartphone Launch

Google is shifting its strategy for its Android mobile operating system in a bid to create a united front with smartphone and tablet makers and to prevent wireless carriers from controlling the devices.

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Google Shifts Tack on Android

Greece is heading to new elections after political leaders failed to reach an agreement to form a coalition government.

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Greek Coalition Talks Fail

Lady Gaga will likely have to cancel her Indonesian concert scheduled for next month after police refused to give the necessary permit following protests by some Islamic groups who say she dresses provocatively.

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Indonesia Refuses Lady Gaga Concert

Blind activist Chen Guangcheng said he has made some progress in his effort to leave China for the U.S., but continued to question the treatment of a family member.

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Chinese Activist in Wait-and-See Mode

Greek political leaders will get yet another chance to try to break a weeklong political impasse and avert fresh elections, this time to explore the possibility of forming a technocrat government after efforts for a political coalition failed.

Link:
Greece Weighs Technocrat Government

China is considering setting up a new way for foreign pension funds to invest in its vast capital markets, in the latest effort to prop up the country’s listless stock market.

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China Eyes New Market Opening