Congress to probe Facebook, underwriters for answers

Add the House and the Senate to the growing list of parties with serious questions and concerns about how Facebook, its underwriters, and the NASDAQ handled the most anticipated initial public offering in recent history.

Congress demands answers from Apple on address book privacy

The questionable practices of little-known iPhone application Path led to the unearthing of evidence that many other iPhone apps also take consumers’ address book data. The ensuing public outcry prompted U.S. government officials today to question the one company that might actually be to blame: Apple.