Facebook closes its first day of trading at just over its IPO price, the Washington Post reports.

Consumer groups have asked the FCC to prevent Dish Network from flipping spectrum over to telecom giants AT&T and Verizon.

A group of 21 Facebook users who claim to have had their privacy violated by Facebook's online tracking are seeking $15 billion in damages, Bloomberg reports.

On the surface, the funding that the Senate and House appropriations committees want to allocate for NASA in fiscal year 2013 isn't that much different from what they provided to the agency in recent years.

CORRECTED: The original post misspelled Tom Power's name.

More Facebook outrage; and watching the streets int he nation's capital, in today's e-Reads.

Facebook co-founder Eduardo Saverin fired back at two senators who crafted a bill aimed at Saverin and others who they claim have given up their U.S. citizenship to avoid taxes, the Wall Street Journal reports. National Journal's coverage of the legislation can be found here.

Facebook raised $16 billion on Thursday, gathering $38 a share in an initial public offering that valued it at $104 billion, the New York Times reports.