Facebook Wants to Connect with You After All

A funny thing happened on the way to the initial public offering of Oryx Petroleum Corp. whose shares started trading on Thursday. The issuer, which defines itself as “an international oil exploration company focused in Africa and the Middle East,” added in a new book runner, BMO Capital Markets, meaning four firms had such a designation.

NEW YORK (Reuters) - Top wealth chiefs at Bank of America Corp's Merrill Lynch and Wells Fargo & Co say many retail investors are still very hesitant about getting back into equities and are urging advisers at their firms to help reignite client confidence.

Organic posting is the most popular social media tactic among large social advertisers, but paid advertising is the most successful, according to research from Kenshoo/Forrester. The most popular strategy is maintaining branded pages on general social networks, business networks and microblogs.

By Conrad Schickedanz:In 2011, social media watchers may recall reading in Bloomberg that Myspace, which had been purchased by News Corporation (NWS) for $580 million in 2005 had reportedly been sold for just $35 million to private investors, including Justin Timberlake.

Last year, Facebook marked a new milestone in its nine-year history. It lost users.

When Google launched its social networking service, Google Plus, during the summer of 2011, tens of millions of people clamoured to sign up for an account.

Steve Alexander submits: