• A little cushion makes for faster running May 18, 2012
    May 18 - Lightly cushioned shoes make for more efficient running, according to a new study from the University of Colorado in Boulder. For decades, runners from Africa who grew up running barefoot have dominated long distance events, leading many to believe that barefoot running is more efficient than running with shoes. But the study finds that the added strain on leg muscles from running barefoot has the opposite effect. Ben Gruber reports.
  • Mount St. Helens eruption anniversary marked by images of recovery May 18, 2012
    May 18 - It's been 32 years since Mount St. Helens erupted in the north-western U.S. state of Washington and, to mark the anniversary, NASA has produced a time-lapse sequence of images illustrating how life around the mountain has recovered. The images were taken by NASA's Landsat satellites, starting in 1979 just before the mountain exploded. Kilmeny Duchardt reports.
  • Mark Zuckerberg during Facebook IPO launch: "This is an awesome moment" May 18, 2012
    May 18 - At the launch ceremony of Facebook's IPO, CEO Mark Zuckerberg tells employees and supporters to stay focused as the company enters a new phase as a publicly traded company. Rough Cut (no reporter narration).
  • The computer that knows how you feel May 18, 2012
    May 18 - Palestinian students in Hebron say they have designed a software program that can measure a person's emotions. Ethan Bilby reports.
  • Mark Zuckerberg rings NASDAQ opening bell on Facebook debut May 18, 2012
    May 18 – Mark Zuckerberg, Facebook’s founder and CEO, rings the NASDAQ opening bell at the company’s Silicon Valley headquarters to kick off trading for the world’s No.1 online social network’s initial public offering. Rough Cut (no reporter narration).
  • Facebook: The price is right at $38 May 17, 2012
    May 17 - Facebook has priced at $38 a share but now the next chapter begins for the top social network, and the pressure will be on to turn users into revenue. Bobbi Rebell reports.
  • Reuters Asks: How high will Facebook shares fly? May 18, 2012
    May 18 - Insider asks financial professionals how successful will the Initial Public Offering of Facebook be in the long term?
  • Elon Musk's SpaceX dreams May 17, 2012
    May 17 - Billionaire entrepreneur Elon Musk hopes to make history when his SpaceX Dragon Capsule attempts to become the first privately-built spaceship to dock with the International Space Station.
  • Lab mice reveal path to dementia cure May 17, 2012
    May 17 - Scientists in Australia have discovered a molecule in the brain that may hold the key to preventing or even curing dementia. During exercise, the molecule stimulates the growth of new cells associated with memory and scientists believe that by harnessing it, a treatment for dementia could be developed. Rob Muir reports.
  • Facebook's advertising challenge May 17, 2012
    May 16 - Amid the hype over Facebook's public trading debut, the social media network suffers a black eye as General Motors pulls its ads. A source tells Reuters they weren't working. Jeanne Yurman reports.

  • Facebook investors left guessing after Nasdaq glitch May 18, 2012
    (Reuters) - Individual investors were left in the dark for hours on Friday about whether their buy and sell orders for newly issued Facebook shares had actually been executed, in the latest of a series high-profile exchange glitches in recent years. Massive demand for the social networking giant's initial public offering, which set a trading volume record for U.S. market debuts, led to a 45-minute delay in the start of trading in the stock. But it was what happened after trading started that had some on Wall Street fuming. ...
  • SEC to look at Facebook trade glitches May 18, 2012
    WASHINGTON (Reuters) - The Securities and Exchange Commission will review the Nasdaq trading glitches surrounding the initial public offering of Facebook Inc on Friday, an agency spokesman said. "As is our practice, staff will review the incident with Nasdaq to determine its cause and steps that will be taken to address it," SEC spokesman John Nester said in a statement. (Reporting By Dave Clarke; Editing by Gary Hill)
  • Historic Facebook debut falls short of expectations May 18, 2012
    SAN FRANCISCO (Reuters) - The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. Facebook shares, which opened up 11 percent, closed at $38.23 after a nail-biting last half hour of trading when the shares dipped to their $38 IPO price. Most investors had predicted a first-day pop. More than 576 million shares changed hands, setting a trading volume record for U.S. market debuts. ...
  • Facebook IPO averts "odd lot" question May 18, 2012
    NEW YORK (Reuters) - Facebook Inc's modest debut on Friday may have averted a potential headache for the company and regulators, and kept at bay a debate over the role of "odd lots" in the marketplace. Shares of Facebook traded as high as $45, near the price of $50 that would keep many retail investors from placing a typical "round lot" order of 100 shares, because the total cost will be $5,000 - considered a threshold for many investors. By the end of regular trading on Friday, however, the stock closed at $38.23, just 23 cents, or 0.6 percent, above its initial public offering price. ...
  • Scramble for Facebook stock ends in "Face-flop" May 18, 2012
    NEW YORK (Reuters) - On Monday, 74-year-old Betty Tanguilig told her financial adviser to liquidate a $400,000 account and put all the proceeds into Facebook Inc IPO shares. Her adviser, Alan Haft, agreed to sell only $46,000 of the $400,000 account, one of several the retiree has. But at about 6:00 a.m. EDT Friday, Haft heard from his brokerage firm, E*Trade Financial Corp, that Tanguilig did not get any IPO shares. Tanguilig, a retired mother of eight, was furious. She has been on Facebook for many years and regularly logs in. "I had to have it," she said. ...
  • Nasdaq to resolve early Facebook orders through matching process May 18, 2012
    (Reuters) - Nasdaq OMX said it intends to reach a resolution for Facebook Inc orders entered from 11 a.m. to 11:30 p.m. ET through an "offline matching process." Firms that had questions regarding executions would have to submit requests to Nasdaq by 5 p.m. (Reporting By David Gaffen)
  • Facebook investors left guessing after Nasdaq glitch May 18, 2012
    (Reuters) - Individual investors were left guessing for more than two hours on Friday about whether their buy and sell orders for newly issued Facebook shares had been actually executed. The Nasdaq Stock Market, where Facebook is listed, had problems sending electronic messages back to the brokerages that handle orders from individual, or "retail," investors, according to people with direct knowledge of the situation. Because the electronic acknowledgements didn't come back from the exchange, the brokers were unable to tell their clients that trades had been executed. ...
  • Shorting Facebook on first day: Only for the brave May 18, 2012
    NEW YORK (Reuters) - Shorting the Facebook IPO on its first day of trading is not for the faint of heart, but some traders are trying. As the hottest initial public offering in recent memory, Facebook has drawn 1990s-style tech-mania interest from mom and pop investors and big institutions alike. That intense appeal means short-sellers are both attracted by the stock's high valuation and wary, at least for now. "I have no interest in shorting a cultural phenomenon," hedge fund manager Jeffrey Matthews of Ram Partners in Greenwich, Connecticut, told Reuters in an email interview. ...
  • If your company was worth $104 billion, what would your Facebook status be? May 18, 2012
    After sucessfully going public with the largest-ever IPO for a tech company in history, Mark Zuckerberg had one problem left to address...what to set as his Facebook status.
  • Yahoo shares climb on report Alibaba deal near May 18, 2012
    (Reuters) - Yahoo Inc shares rose as much as 6.7 percent on Friday after a report that it was close to selling part of its valuable stake in the Alibaba Group. Shares of Yahoo climbed as high as $15.87 before easing to $15.64, up 5.2 percent. Yahoo and Alibaba Group, the Chinese Internet group that runs e-commerce site Alibaba.com, are close to an agreement that could happen as soon as Monday, according to a report in All Things D, citing unnamed sources.. Yahoo would sell one-half of its 40 percent stake back to Alibaba. ...
  • Ultra-Orthodox plan huge NYC meeting on Net risks May 19, 2012
    Ultra-Orthodox Jews who believe that the Internet threatens their way of life have rented the New York Mets' stadium for an unprecedented gathering on how to use modern technology in a religiously appropriate way.
  • Everything You Need to Know About Facebook's IPO May 18, 2012
    Now that Facebook's finished its first day on the market, it's time to figure out what it all means. It ended the day at a price of $38.23 per share, almost exactly where it started the morning at $38 per share, does that mean today basically didn't happen? No. As you can see over at our live blog, it was an eventful day, which saw the stock peak at $45 per share, amid tech glitches and a resounding meh from the Internet. What does this mean for Facebook? America? The Internet? Me? You? Let's find out. 
  • Tale of the tape: Google versus Facebook May 18, 2012
    Facebook is the hottest Internet company to hit the stock market since Google went public in 2004. The Silicon Valley companies, located seven miles apart, also happen to be locked in a bitter battle for Web surfers' allegiance and online advertisers' money. The duel is likely to intensify now that the IPO has given Facebook Inc.'s social network billions of dollars to battle Google Inc.'s dominant search engine.
  • Beyond Facebook: A look at social network history May 18, 2012
    Facebook may have made social networking a worldwide cultural phenomenon, but it wasn't the first Internet company to connect people online. And it won't be the last. Here's a look at how social networking has evolved. Some companies have come and gone. Some are mere shells of their former selves. And others show promise, even as Facebook dominates the social Web.
  • Yahoo shares climb on report Alibaba deal near May 18, 2012
    (Reuters) - Yahoo Inc shares rose as much as 6.7 percent on Friday after a report that it was close to selling part of its valuable stake in the Alibaba Group. Shares of Yahoo climbed as high as $15.87 before easing to $15.64, up 5.2 percent. Yahoo and Alibaba Group, the Chinese Internet group that runs e-commerce site Alibaba.com, are close to an agreement that could happen as soon as Monday, according to a report in All Things D, citing unnamed sources.. Yahoo would sell one-half of its 40 percent stake back to Alibaba. ...
  • The Best Previews to Facebook IPO Day May 18, 2012
    Before we watch Facebook be its public self at 11:00 a.m this morning, when its starts trading on the stock market, it's time to get caught up on what this all means. Last night the company priced its stock at $38 per share for a valuation of $104 billion -- the biggest pre-IPO valuation ever, of all time. But what do all those numbers mean for the rest of America? For the Internet? For the economy? For companies? For Facebook? For Facebook employees? For you? So many questions. Luckily, the Internet has been typing about this for days. ...
  • Twitter joins Firefox effort to thwart online tracking May 18, 2012
    Twitter on Thursday took a stand for online privacy by backing a Firefox web browsing feature that lets people signal that they don't want their Internet activity tracked.
  • Electric Imp Connects Your Home Devices to the Internet May 18, 2012
    If you've ever dreamed about connecting your entire home to the Internet -- so that appliances could start by themselves or you could receive text message alerts to maintain housekeeping -- it looks like your dream is ready to become a reality.
  • Reports: HP poised to eliminate up to 30,000 jobs May 18, 2012
    Hewlett-Packard is poised to eliminate as many as 30,000 jobs to compensate for dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets, according to reports published Thursday.
  • UN, Brazil to host Internet debate on green planet May 17, 2012
    The United Nations and the Brazilian government are launching an Internet debate around 10 themes for a green planet to elicit suggestions from experts and the public for next month's Rio+20 summit.
  • Comcast to start charging heavy downloaders extra May 17, 2012
    Comcast Corp., the country's largest Internet service provider, is going to start charging extra when customers go over a certain monthly data limit.
  • Analysis: Facebook can't take Asian growth for granted May 17, 2012
    SINGAPORE (Reuters) - Even as Facebook fever grips investors ahead of the social networking giant's potential $100 billion-plus initial public offering, its breakneck growth in Asia may be slowing as it moves beyond desktop users to those who access the Internet largely or solely from a mobile phone. In March, Facebook revised its own SEC filings to scale back its scope for further growth in India - its third-biggest user base and the largest population it currently has access to - China remains off-limits to Facebook. ...
  • Australia warns of 'bespoke' online child sex abuse May 17, 2012
    Australian police warned Thursday that paedophiles were using Internet live-streaming sites to order "bespoke" child sex crimes for real-time viewing, from countries including the Philippines.
  • Income Inequality Apparently Too Touchy a Subject for TED May 16, 2012
    If you’re plugged into the Internet, chances are you’ve seen a TED talk—the wonky, provocative web videos that have become a sort of nerd franchise. TED.com is where you go to find Facebook COO Sheryl Sandberg explaining why the world has too few female leaders, or Twitter cofounder Evan Williams sharing the secret power of listening to users to drive company improvement. The slogan of the nonprofit group behind the site is “Ideas Worth Spreading.”
  • NY tech fest heralds Silicon Valley of the east May 16, 2012
    The Big Apple may not have California's weather, but tech fans at New York Internet Week say that in every other way the city is on course to become Silicon Valley 2.0.

 

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