(Reuters) – Individual investors were left in the dark for hours on Friday about whether their buy and sell orders for newly issued Facebook shares had actually been executed, in the latest of a series high-profile exchange glitches in recent years. Massive demand for the social networking giant’s initial public offering, which set a trading volume record for U.S. market debuts, led to a 45-minute delay in the start of trading in the stock.

WASHINGTON (Reuters) – The Securities and Exchange Commission will review the Nasdaq trading glitches surrounding the initial public offering of Facebook Inc on Friday, an agency spokesman said. “As is our practice, staff will review the incident with Nasdaq to determine its cause and steps that will be taken to address it,” SEC spokesman John Nester said in a statement.

SAN FRANCISCO (Reuters) – The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company’s sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. Facebook shares, which opened up 11 percent, closed at $38.23 after a nail-biting last half hour of trading when the shares dipped to their $38 IPO price.

SAN FRANCISCO (Reuters) – Facebook Inc is increasing the size of its IPO by 85 million shares to about 422 million, a source familiar with the matter told Reuters, raising more than $15 billion in Silicon Valley’s largest market debut. The increased volume comes just after the world’s No.

(Reuters) – Online stock photography provider Shutterstock plans an initial public offering of common stock to raise up to $115 million.

SAN FRANCISCO (Reuters) – Yahoo Inc’s largest outside shareholder said the Internet company should make its finance chief or head of media the interim chief executive because of the controversy surrounding CEO Scott Thompson’s educational background. Third Point, an activist hedge fund waging a bitter proxy battle against Yahoo’s board and which exposed inaccuracies in Thompson’s official biography last week, repeated its demand on Wednesday that Yahoo fire Thompson and install four of its hand-picked director candidates to the board. …

NEW YORK (Reuters) – Comcast Corp’s NBCUniversal business exercised an option to sell “a substantial portion” of its stake in A&E Television Networks to joint-venture partners, a filing from the media company showed. Comcast, which owns almost 16 percent of A&E, exercised the option on March 26 and expects the deal to close in the second half of 2012, the company said in a filing with the Securities and Exchange Commission earlier this week. “The parties are still discussing how much of the stake will be sold,” The Wall Street Journal reported, citing a person familiar with the matter

SAN FRANCISCO (Reuters) – Yahoo Inc could be weeks away from selling 15 to 25 percent of Alibaba Group’s stock back to China’s largest e-commerce company, in a deal designed to eliminate complexities that had scuttled the parties’ previous negotiations, a person familiar with the matter said. The two companies have been in talks for a month, the person said, but cautioned that there is no guarantee a deal will be reached. Numerous discussions have been held in recent years about a deal for Alibaba to reclaim some or all of the 40 percent stake in the company that Yahoo acquired in 2005.

(Reuters) – Shares of LinkedIn Corp rose 10 percent in premarket trading on Friday after strong demand for its services that help companies find and hire employees boosted quarterly profit and helped raise its outlook. The strong results underline the success of social and professional networking sites, as investors watch closely to see if the model is sustainable.

(Reuters) – Consumer review website Yelp Inc reported a rise in first-quarter revenue as it entered 11 new markets during the quarter and the company forecast an upbeat second quarter. Yelp, which went public in March, forecast second-quarter revenue of $29 million to $31 million

WILMINGTON, Delaware (Reuters) – Google Inc and its board were sued on Monday by a shareholder who wants to block the company’s stock split plan because it entrenches the Web search company’s co-founders Larry Page and Sergey Brin, according to court documents. Google announced the surprise stock split plan earlier this month, in which shareholders would get one new share of non-voting “Class C” stock for each existing “Class A” share.

(Reuters) – Amazon.com agreed to begin collecting sales tax in Texas on Friday, forging a deal that promises to bring more jobs to the southern U.S.

(Reuters) – Intuit Inc, the maker of tax preparation software TurboTax, said it agreed to buy Demandforce, a software-as-a-service application provider, for $423.5 million in cash. “Demandforce sits at the sweet spot of Intuit’s small- and medium-sized businesses customer base,” said Kiran Patel, the executive vice president and general manager of Intuit’s Small Business Group. The acquisition — Intuit’s largest ever — is expected to close in May.

Twitter users turned Sunday’s French presidential election into a battle between a green Hungarian wine and a red Dutch cheese in a bid to get round tough laws banning result predictions.

Fourteen-year-old American singer Jordan Jansen has posted the video clip for his first original song, “Undercover Baby,” on YouTube, and microbloggers are writing 140-character reviews.

NEW YORK (TheWrap.com) – Adrian Grenier and Seth Meyers are two of the latest Hollywood stars to sign up to do original series on Hulu, as the company on Thursday announced it has picked up four new shows and garnered revenue of $420 million in 2011. Hulu used the opening day of the first upfronts for digital video to tout its subscriber growth and announce the new shows.

SAN FRANCISCO (Reuters) – Social-network Path lined up more than $30 million in venture funding from Redpoint Ventures and others, illustrating investors’ increasing willingness to pour money into variations on the basic theme of online networking.

TOKYO (Reuters) – Japan’s largest internet retailer Rakuten Inc said on Monday it would brief on a tie-up with Japan Post on overseas sales operations at 2:30 a.m.