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Amazon (NASD: AMZN) Rises While Apple (NASD: AAPL), Facebook (NASD: FB) Fall

Despite solid earnings results across the tech industry, shares in Facebook (NASD: FB) and Apple (NASD: AAPL) are down – yet Amazon (NASD: AMZN) is up. Amazon Chief Executive Jeff Bezos has long been an anomaly in terms of tech strategy -he is known to pressure executives and innovators to write essays and to be thoughtful and comprehensive when taking the podium at his strategy meetings. His approach is decidedly academic, more so than classic business. The approach Bezos has taken has long been... 

Citigroup (NYSE: C) Fined Over Facebook Disclosure

Citigroup (NYSE: C), the New York based banking behemoth that has faced a tumultuous four years, has been fined $2 million by Massachusetts regulators today for failing to prevent analysts from illegally leaking confidential information about Facebook’s initial public offering. The Facebook IPO has attracted a host of criticism since it’s release earlier this year, with allegations made towards many of the nation’s largest banks that they first failed to frame the firm properly... 
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