(Reuters) - Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. Facebook shares closed 8.9 percent lower at $31, following an 11 percent plunge on Monday. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ...

The rumor mill is on fire today with murmurs that the next generation iPhone will sport a 3.999” display with a high definition 1136 x 640 resolution.

ASEERA AL-QIBLIYA, West Bank (Reuters) - Amateur video of Israeli soldiers appearing to watch idly as settlers opened fire on Palestinians throwing stones has emphasized the growing power of "citizen journalism" in the occupied West Bank. Shaky footage, captured on Saturday from two angles by residents of Aseera al-Qibliya village, shows bearded residents from the nearby settlement of Yitzhar aiming a hand gun and assault rifle at the crowd, followed by sounds of gunfire. A bloodied youth shot in the face was shown being carried away on the shoulders of fellow villagers. ...

The first trailer for Baz Luhrmann’s The Great Gatsby has hit the web.

Electronic music fans are reveling in the discovery of today’s Google Doodle: a working web-based synth that lets users tap out a melody while tweaking oscillators and filters.

SAN FRANCISCO (Reuters) - Top European software company SAP AG plans to buy Ariba Inc in a deal valuing the business and commerce network company at $4.3 billion, its latest maneuver against Oracle in the fast-growing Internet-based computing market. SAP is taking aim at Oracle, the world's No. 2 maker of business management software, as they vie with Salesforce.com Inc in the multibillion dollar cloud-computing services market, one of the industry's hottest area of growth. Shares in Ariba, which were halted briefly, leapt 20 percent to SAP's offer price of about $45 per share. ...

(Reuters) - In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company. The sudden caution very close to Facebook's initial public offering - while an investor road show was under way - was a big shock to some, said two investors who were advised of the revised forecast. ...

The Internet domain name "revolution" was back in action Tuesday with the agency in charge of website addresses once again taking applications for online neighborhoods breaking the ".com" mold.

Today in studies that claim the Internet is ruining our lives, the BBC informs us that auto-correct and spellcheckers have turned us into a bunch of illiterate idiots. But our spelling has been degrading for much longer than iPhone auto-correct has been around. In a survey of more than 2,000 British people, one third of the participants could not spell definitely and two-thirds could not spell separate. While that does sound scary, the survey doesn't indicate whether spelling is rising or falling in Britannia. ...

Google has completed its $12.5 billion purchase of device maker Motorola Mobility in a deal that poses new challenges for the Internet's most powerful company as it tries to shape the future of mobile computing.

Google closed Tuesday its $12.5 billion deal for Motorola Mobility, a key manufacturer of smartphones and other devices that puts the Internet giant in head-to-head competition with Apple.

Yelp, like all Internet forums, draws some insidious awful voices, which can present particular problems for businesses trying to solicit customers. The way Yelp works, these businesses can't remove comments, even of the most trollish sort, because that would ruin Yelp's whole set-up. Yelp wants to act as an accurate portrayal of local businesses, after all. The review site does, however, have a filter, which gets rid of the top-shelf garbage. But not all bad reviews constitute spam. And sometimes, a bad burger deserves a rant. ...

As Facebook's stock continues its slump, now trading even lower than yesterday's low, the Internet has reached a consensus on why the IPO of the year isn't performing: Advertising. It's how Facebook makes its dollars. And, it has made a lot of dollars this way. But it's not clear Facebook's very good at it, or will get good enough at it to justify a $38 per share price. Hence the investor worry.

Google Tuesday finalized its $12.5 billion deal for Motorola Mobility, a key manufacturer of smartphones and other devices which puts the Internet giant in head-to-head competition with Apple.

Less than 2% of mobile carriers’ subscribers “Like” them on Facebook despite the millions of dollars they collectively spend in an effort to promote their services on the world’s most popular social network. Facebook made its initial public offering on Friday and while the company’s stock price dipped below the IPO price of $38 on Monday and continued to slide on Tuesday, Facebook’s offering was the biggest Internet IPO of all time by nearly 10 times. There is no denying that Facebook and the 900 million people who use the social network are of tremendous value to businesses looking to promote their services, but mobile carriers have seemingly not found success thus far as they attempt to bolster Facebook fan counts. According

SHANGHAI (Reuters) - China's Alibaba Group could command a Facebook-rivalling valuation of $100 billion when it comes to list its shares, possibly by 2015 - but its more immediate challenge is to hang on to top spot in the country's $36 billion e-commerce market. Founded and led by Internet entrepreneur Jack Ma, Alibaba faces increasingly tough competition in its e-commerce stronghold from well-funded rivals 360buy, which is backed by Digital Sky Technologies, Dangdang Inc and Amazon.com Inc. ...