NEWS BRIEF: Facebook Opens @ $42 Then Falls, iTunes vs ‘Jailbreak’, MTV, RDMBiz, OneSheet & More

Facebook shares started trading at $42 a share on Nasdaq, but quickly fell at mid-day ET Friday to $38 under the symbol “FB.” The company’s 421.2M shares offered to the public will raise $17.7B at a valuation of $116.6 billion. Get the latest stock price here.

• According to iTunes, "jailbreak" is a four-letter word. (ars) Is the word "jailbreak" on the same level as "f**k"?
• MTV announces nominees for ‘Must Follow Artists on Twitter’ for Online Music Awards. (Lost Remote)

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• EDM Get Serious: EDMbiz Conference 0n June 5-7 @ The Cosmopolitan of Las Vegas. Details here.
• Van Halen have abruptly postponed 30 tour dates after their June 26th show in New Orleans with no explanation.
• OneSheet has uneiled a redesign with new dashboard, stats, tracking codes and password protection.
• Why we should oppose the EMI Universal merger (The Atlantic)