• Facebook breaks even in first day of trading• IPO smashes record for trading volume with 565m shares• Underwriters step in to shore up $38 offer price• Launch delayed amid confusion at Nasdaq• Follow our Facebook shareholder wealth tracker here
With Facebook now sitting on $16bn after its flotation, will we see the massive social network do a Google and develop its own phone?. By Charles Arthur
Updates to the perenially cash-bleeding search engine mean that it now includes data from your social networks - including the biggest two that Google can't reach. By Charles Arthur