(Reuters) – Electronic Arts Inc lost its bid to be dismissed from a lawsuit accusing the video game company of involvement in an NCAA conspiracy to prevent college athletes from being paid. Plaintiffs led by former UCLA basketball star Ed O’Bannon had accused the National Collegiate Athletic Association and its marketing company of violating U.S. antitrust law by conspiring to force students to sign away their ability to profit commercially from playing college sports. …

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EA must defend NCAA conspiracy lawsuit

(Reuters) – Electronic Arts Inc lost its bid to be dismissed from a lawsuit accusing the video game company of involvement in an NCAA conspiracy to prevent college athletes from being paid. Plaintiffs led by former UCLA basketball star Ed O’Bannon had accused the National Collegiate Athletic Association and its marketing company of violating U.S. antitrust law by conspiring to force students to sign away their ability to profit commercially from playing college sports. …

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EA must defend NCAA conspiracy lawsuit

Everyone’s talking about the Facebook IPO — and for good reason.

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Facebook IPO: Here’s Why You Shouldn’t Buy Yet

Facebook says it has priced its initial public offering of stock at $38 per share. That’s the high end of the expected range of $34 to $38. It means investor demand is strong for the world’s largest online social network.

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Facebook prices IPO at $38 per share

(Reuters) – Facebook co-founder Eduardo Saverin said in a statement on Thursday that he is obligated to and will pay “hundreds of millions of dollars in taxes to the United States government.” Saverin said his decision to renounce his U.S. citizenship and relocate to Singapore was “based solely on my interest in working and living in Singapore, where I have been since 2009.” With social media company Facebook poised for a multibillion-dollar initial public offering on Friday, Saverin has been criticized by lawmakers for what they say is dodging U.S. …

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Facebook’s Saverin says to pay millions in U.S. tax