On Friday, investors across the board “liked” Facebook on a day when stocks generally traded mixed in what has turned out to be a choppy trading session ahead of the weekend.

Facebook traded above $40 after an initial 10 percent spike in its first day as a public company.

Earlier this week, the social network priced its stock at $38 a share, at the high end of the anticipated range.

Today’s market debut ushered in the largest Internet IPO in Wall Street history.

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Android apps on the Windows phone? Looks like it’s happening in the near future. That’s according to a new report today highlighting how Microsoft may put to use new patent technology that will let users experience applications from competing operating systems like iOS and Android on the Windows Phone.

“Microsoft wants to patent an app migration service that would have a few different layers of functionality,” says Vlad Bobleanta of the Unwired View. “First off, it could analyze what apps you have installed on, say an Android device (Microsoft even uses this example in its patent application). Then it would search for identical or similar apps in the Windows Phone Marketplace, present you with suggestions, and let you buy and install every app you want to with one click.”

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The biggest initial public offering in recent years will take place today on Wall Street.

After years of rumors about an inevitable IPO, Friday, May 18, 2012 delivers the moment of truth for the largest social network on the planet.

“If the Facebook IPO is to succeed,” says CNBC’s Jeff Cox, “it will have to overcome a less-than-stellar history of similar technology offerings that started quickly out of the gate but faltered shortly thereafter.”

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T-Mobile made a bold move with mobile broadband on Thursday, as the carrier announced its new, flexible and so-called “worry-free No Annual Contract mobile broadband service passes.”

The passes will debut May 20th.

According to T-Mobile, the passes will make it easier for customers to enjoy access to high-speed Internet on the go.

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Forget smartphones and tablets. Could Apple be the next Ford or General Motors?

If that sounds far fetched, you may want to think again. According to published reports this week, Steve Jobs – as recently as early 2011, in the months before his passing – envisioned a so-called “iCar” to be manufactured by the Cupertino, California-based tech giant.

“Look at the car industry, it’s a tragedy in America. Who’s designing the cars?” says J. Crew CEO and Apple board member Mickey Drexler in a revealing new interview highlighted by Business Insider. “Steve’s dream before he died was to design an iCar and I think it would’ve been probably 50% of the market. He never did design it.”

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Power is shifting inside of Qualcomm’s offices in Japan.

Late Thursday, word surfaced that the mobile technologies firm would be shuffling some talent.

For starters, Qualcomm announced the appointment of Clifford Ficke as vice president and president of Qualcomm Japan.

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U.S. Cellular today confirmed its expansion into the realm of 4G LTE devices with the launch of the Samsung SCH-LC11 Mobile Hotspot.

According to the mobile operator, the lightweight device gives users the quality high-speed connectivity they expect.

The device is available online directly from the carrier now but it will also be in stores by May 21.

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