Originally published on Fri January 11, 2013 5:23 pm
By Avie Schneider
Credit Paul Sakuma / AP
If you're a casual observer of the stock market, the last time you tuned in to what was happening with Facebook's stock was probably last May.
In those days after the company's long-anticipated initial public offering, its price was diving daily — exactly the opposite of what many had expected given the hype leading up to Facebook's IPO.
The IPO itself was full of technical problems — many buyers weren't sure if their orders went through. And then there were questions about whether Facebook could figure out how to make money in its fastest-growing segment — mobile.
And today's last word in business is being set to music. Truth really is stranger than fiction, which is how a TV interview with President Richard Nixon could become a famous play, and how The New Yorker writer Lawrence Wright could create a forthcoming play on the Camp David accords. Now, an international Twitter war is becoming an opera.
RENEE MONTAGNE, HOST:
Last summer, The New York Times columnist Paul Krugman criticized the economic austerity of Estonia.
Good morning. I'm Steve Inskeep, with an offer you probably can refuse. Washington, D.C. hotels offer luxury packages for those attending President Obama's second inauguration. The Madison Hotel offers one for $47,000. It includes four nights at the hotel, a car and driver, a shopping spree, and the services of a social media butler. You, too, could have someone follow you around, take your picture and chronicle your moves on Facebook and Twitter.
It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.