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Facebook is going cheap on its IPO, paying only 1.1% to the firms backing it. NASDAQ-listed company is suing Facebook for patent infringement. Apple sold 3 million iPads in the first week. Amazon paid $775 million for a company that makes supply house robots.

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Facebook will pay its IPO underwriters one fifth of the average rate, says source http://tnw.to/1Diuh

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Facebook slapped with patent lawsuit by NASDAQ-listed software firm Mitel http://tnw.to/1DjEb

Apple reports it has sold 3 million new iPads since launch day, March 16th http://tnw.to/1Dijy

Who needs people? Amazon just bought robotics firm Kiva Systems for $775 million in cash http://tnw.to/1Dilm