T. Rowe Price

Today in Tech: T. Rowe Price invests $190 million in Facebook

April 18, 2011: 5:00 AM ET

A curated selection of the weekend's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.

  • T. Rowe Price Group invested $190.5 million in Facebook, though at this point we're not sure at what valuation, along with $71.8 million in Zynga and $35.4 million in Angie's List, a service that compiles reviews of local contractors and doctors. (Wall Street Journal)
  • Sprint Nextel CEO Dan Hesse spoke out against AT&T's proposed $39 billion acquisition of T-Mobile USA, stating that the possible "duopoly" would seriously hamper innovation and consumer choice. "They could restrict our access to some of the cool devices," Hesse said. (New York Times)
  • Meet OnSwipe, one of the start-ups to emerge from the tech incubator TechStars in New York City last week. Co-founded by CEO Jason Baptiste, the company offers tools to help publishers quickly make their Web sites touch-friendly for iPad, iPhone, and Android devices . So far, it's has raised $1 million from venture capital firms like Spark Capital, Betaworks and Eniac Ventures. (New York Times) More
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