It's Facebook's big day.

It's Facebook's big day.

VIENNA (Reuters) - Mexican billionaire Carlos Slim is eyeing a stake in Telekom Austria and is believed to have held initial talks with its two biggest investor groups, Austrian magazine Format reported, without citing sources. It said Slim had been in touch with Ronny Pecik - who with partner Naguib Sawiris has built a 20 percent stake in Telekom Austria - and Austrian state holding company OeIAG, Telekom Austria's biggest shareholder with a 28.4 percent stake. ...

Faced with the prospect of losing both hands and her one remaining foot, a young Georgia woman battling to survive a case of flesh-eating bacteria that has already claimed one leg mouthed the words "Let's do this."

Facebook updated its status to "public company" on Friday.

Facebook updated its status to "public company" on Friday.

Facebook is trading up 8 percent Friday, as investors seek to put a dollar value on the company that turned online social networking into a global cultural phenomenon.

SAN FRANCISCO (Reuters) - Facebook Inc shares rose less than expected on their first day of trade on Friday and huge order volume caused technical problems that marred the coming out party of the No. 1 online social network. Its shares were up 8 percent in early afternoon trading on the Nasdaq, after opening 11 percent higher and then rapidly heading south to touch their initial public offering price of $38. The gains were below market forecasts of as much as a 50 percent jump. ...

BRUSSELS/LONDON (Reuters) - European officials are working on contingency plans in case Greece bombs out of the euro zone, the EU's trade commissioner said on Friday, while Berlin said it was prepared for all eventualities. German Finance Minister Wolfgang Schaeuble, one of Greece's harsher critics, said market turmoil fuelled by the euro zone debt crisis could last another year or two. "Regarding the crisis of confidence in the euro ... in 12 to 24 months we will see a calming of the financial markets," he said. ...

Billionaire political donor Joe Ricketts clearly has President Barack Obama in his line of fire this election season, as we learned this week. But when it comes to Ricketts writing checks, apparently all Republicans--and even some libertarians--are welcome.

Without Steve Jobs here to defend himself, we're seeing a lot of talk about the visionary's last wishes -- the final visions in that brain that the Apple founder never saw to completion. The man was a genius, so it's no surprise he had a lot of ideas bouncing around in there. But even if he may have said some off handed things for ideas, as any creative-type knows, a lot of brainchildren are never born. Let's take a look at how Steve Jobs' last wishes are coming along.

This is a good time to compare the giant social network with some of the other well-known tech outfits of the modern day, such as Google (GOOG), Microsoft (MSFT) and Apple (AAPL).

John Edwards is facing the biggest vote of his life as the case against the former president candidate was given to the North Carolina jury this morning.

Facebook Inc shares fizzled on their first day of trade on the Nasdaq, erasing early gains of as much as 18 percent to trade close to their initial public offering price.

Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.

Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.

Facebook is updating its status to "public company" as its stock jumps in its debut on the Nasdaq Stock Market.

Mitt Romney's campaign has begun the vetting process to find a suitable running mate, a source close to the campaign told The Hill's Alexander Bolton: The team for Beth Myers, the Romney adviser leading the search for the GOP's vice presidential nominee, has already contacted potential running mates.

Facebook is about to find out just how much status updates, puppy photos and billions of "likes" are worth on Wall Street, with CEO Mark Zuckerberg ringing the Nasdaq Stock Market opening bell Friday morning from company headquarters a continent away.

(Reuters) - Yahoo Inc shares rose as much as 6.7 percent on Friday after a report that it was close to selling part of its valuable stake in the Alibaba Group. Shares of Yahoo climbed as high as $15.87 before easing to $15.64, up 5.2 percent. Yahoo and Alibaba Group, the Chinese Internet group that runs e-commerce site Alibaba.com, are close to an agreement that could happen as soon as Monday, according to a report in All Things D, citing unnamed sources.. Yahoo would sell one-half of its 40 percent stake back to Alibaba. ...

Nothing is easier to mock in politics right now than the apparent reluctance of leading Republicans to sign on as Mitt Romney’s second banana. A few weeks ago, Jon Stewart summarized the way that Rob Portman was plugging his Senate colleague Marco Rubio, who in turn was passing the baton to Jeb Bush, with the line, “Doesn’t anyone want the rock in crunch time?”

The spending culture at Facebook, just as we suspected, adds more evidence that this is a seflish social media bubble, which has kept its money relatively contained -- for good and ill -- to the tech world. Facebook millionaires don't spend like other millionaires, as The New York Times's Somini Sengupta reports in her write-up of the "Reticient Rich." Taking a look at the wealth Facebook has created, Sengupta describes a culture that derides conspicuous consumption. ...

Growth in the number of active users at Facebook, defined as someone who logs on at least once a month: