Morning Roundup: Facebook stalls other IPOs, RIM looks grim

We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections:

Facebook flop & stalls other IPO

Problems with Facebook’s initial public offering have caused other firms planning IPOs to step back and reconsider. In one instance, travel Website Kayak put off planned roadshows after witnessing Facebook’s weak open.

The falling share price has pushed Mark Zuckerberg off the Billionaires Index of the world’s 40 richest people.

In Washington, large technology companies warned Congress that Russia and China and Arab countries were prepared to clamp down on Internet access to limit free speech. Restrictions to Web access in those countries is also a huge threat to the bottom lines of the companies that testified.

And, at the All Things D conference, Steve Job’s successor strutted his stuff.

Grim at RIM

As Research in Motion fights to stop the fall of its share price, industry pundits are speculating seriously about what the firm is worth in the wake of massive competition in the market niche the firm once cornered.

Pain from Spain

As the U.S. mounts pressure on Europe to resolve its financial woes, leaders in the region express concerns a bailout of Spain will stress what’s left of their resources. They’re also asking the new French president to carry out budget agreements enacted by his predecessor.

And, as Greece regains access to loans from the European central bank, a regional poll reveals sharp divisions among Europeans about who’s to blame for the deepening crisis.

The crisis also has currency traders searching for havens, which has implications for Canada’s dollar.

The growth engines lag

As India shows signs of slower economic activity ahead, the Chinese government says it will embark on a fresh round of stimulus. The bulk of the spending is aimed at infrastructure projects for growing cities, but some consumer price subsidies are also in the mix.

Enjoy your day, The Editors