TECHNOLOGY

Today’s e-Reads: Advertisers Skeptical About Facebook, Pinterest Raises $100 million

Updated: May 17, 2012 | 9:31 a.m.
May 17, 2012 | 8:15 a.m.

A day ahead of its initial public offering, Facebook is facing new skepticism from advertisers, The New York Times reports.

Several brokerages have stopped taking orders for Facebook shares ahead of Friday’s IPO, Reuters reports. Meanwhile, Facebook’s IPO appears to have gone viral, the Mercury News reports.

USA Today examines how Facebook and other social media have changed the way companies do business.

The online scrapbooking site Pinterest is being valued at $1.5 billion by investors who have helped the firm raise $100 million, according to the Wall Street Journal.

Despite racking up 100 million users, not many people actually use Google +, PCWorld reports.

Verizon will end unlimited data plans for all its customers, CNN reports.

MGM Resorts International is backing a new Silicon Valley startup aimed at launching virtual casinos, the Wall Street Journal reports.

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