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Technology News

Facebook's IPO one of world's largest
2012-05-18T04:07:58Z   

A Facebook logo is displayed on the screen of an iPad, Wednesday, May 16, 2012 in New York. Facebook's initial public offering is one of the most hotly anticipated in years. The company is likely to have an estimated market valuation of $100 billion when its shares begin trading on the Nasdaq stock market on Friday. (AP Photo/James H. Collins)Facebook is about to find out just how much status updates, puppy photos and billions of "likes" are worth on Wall Street.


 
China rejects US ruling in solar dumping case
2012-05-18T09:30:38Z   

In this photo taken Wednesday March 21, 2012, Chinese workers examine solar panels at a manufacturer of photovoltaic products in Huaibei in central China's Anhui province. China's government on Friday, May 18, 2012, rejected a U.S. antidumping ruling against its makers of solar power equipment and Chinese manufacturers warned proposed punitive tariffs might hurt efforts to promote clean energy. (AP Photo) CHINA OUTChina's government on Friday rejected a U.S. antidumping ruling against its makers of solar power equipment and Chinese manufacturers warned possible higher tariffs might hurt efforts to promote clean energy.


 
The next digital image revolution?
2012-05-09T05:57:33Z   

Lytro unveils its digital cameraDespite the explosive innovation around digital picture-taking, the end result has actually changed very little. A photo is still a photo. And a poorly focused photo is still as bad as ever. Ren Ng aims to fix that.


 
$19,000 electric Quadrofoil is a sports car for the water
2012-05-18T02:00:48Z   
What's the next best thing for those of us who can't afford a $190,000 hovercraft? Who knows. But if you have at least 10% of that figure, you could get yourself a Quadrofoil — an electric vehicle that looks like a crab. … Continue reading
 
Study: A cup (or six) of coffee a day may keep death at bay
2012-05-18T01:53:30Z   
Are you an avid coffee drinker? Here's something you can use as an argument every time someone warns you against drinking your third cup of coffee for the day: Coffee may actually add some years to your life. A paper published recently … Continue reading
 
Facebook IPO: Did Twitter Crowdsourcing Just Give Us the Closing Price?
2012-05-18T00:11:52Z   
When you get a lot of really smart people together to make a prediction in aggregate, it can be scary accurate. Anyone who has read the James Sureowicki business science classic The Wisdom of Crowds, and a host of corroborating authors such as Malcolm Gladwell, knows that.
 
Reports: HP poised to eliminate up to 30,000 jobs
2012-05-18T01:31:04Z   
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.
 
As Facebook grows, millions say, 'no, thanks'
2012-05-17T17:52:17Z   

FILE - In this Aug. 25, 2009 file photo, Internet pioneer Len Kleinrock poses for a portrait next to an Interface Message Processor, which was used to develop the Internet. Kleinrock, arguably the world's first Internet user, says Facebook is fine for his grandchildren, but it's not for him. (AP Photo/Matt Sayles, File)Don't try to friend MaLi Arwood on Facebook. You won't find her there.


 
Yahoo's new boss revamps recently created division
2012-05-18T02:17:09Z   
Yahoo's new boss is reorganizing a consumer-commerce division created by recently dispatched CEO Scott Thompson.
 
Buffett's Berkshire to buy Media General papers
2012-05-17T18:48:16Z   

In this May 5, 2012 photo, Warren Buffett, chairman and CEO of Berkshire Hathaway, holds a newspaper as he participates in a newspaper throwing competition prior to the Berkshire Hathaway shareholders meeting in Omaha, Neb. On Thursday, May 17, 2012, Buffett's company Berkshire Hathaway agreed to buy 63 papers from Media General Inc. The Richmond, Va.-based Media General says the $142 million deal includes the Richmond Times-Dispatch and the Winston-Salem Journal. The company is selling all its papers except those in Tampa, Fla., most importantly the Tampa Tribune. (AP Photo/Nati Harnik)Billionaire Warren Buffett's company is making another foray into newspapers, agreeing to buy 63 newspapers from Media General Inc. for $142 million.


 
Gene Effect tops iPhone Games of the Week
2012-05-17T21:30:00Z   
Some great new games hit the iTunes App Store this week, with several titles taking players into side-scrolling 2-D worlds. Gene Effect leads the pack, bringing gamers into the deep and mysterious caverns of Mars, where they’re tasked with mining for important substances, discovering hidden objects, and conducting a rescue mission to locate a missing vehicle. With its fascinating story, it’ll keep you entertained, but we’ve got a few other great titles for you to check out below as well.
 
China rejects US ruling in solar dumping case
2012-05-18T09:30:38Z   

In this photo taken Wednesday March 21, 2012, Chinese workers examine solar panels at a manufacturer of photovoltaic products in Huaibei in central China's Anhui province. China's government on Friday, May 18, 2012, rejected a U.S. antidumping ruling against its makers of solar power equipment and Chinese manufacturers warned proposed punitive tariffs might hurt efforts to promote clean energy. (AP Photo) CHINA OUTChina's government on Friday rejected a U.S. antidumping ruling against its makers of solar power equipment and Chinese manufacturers warned possible higher tariffs might hurt efforts to promote clean energy.


 
Worries mount as Nokia burns through cash
2012-05-18T09:19:18Z   

File photo of a Nokia smartphone with currency graph on display is seen in ZenicaLONDON/HELSINKI, May 18 (IFR/Reuters) - Nokia Oyj is tearing through its cash reserves at an unsustainable rate, raising what some analysts say are serious questions about the struggling Finnish phone maker's ability to stabilize its finances in the months ahead. With the cost of Nokia's debt rising, the most bearish of analysts in a Reuters poll said the company could even be at risk of default if it fails to slow the burning of its cash. Over the past five quarters, the onetime darling of mobile telecoms has eroded its cash pile by 2.1 billion euros ($2. ...


 
ZTE confirms security hole in U.S. phone
2012-05-18T07:07:00Z   

Employees of ZTE chat on the roof of its headquarters in Shenzhen, Guangdong province(Reuters) - ZTE Corp, the world's No.4 handset vendor and one of two Chinese companies under U.S. scrutiny over security concerns, said one of its mobile phone models sold in the United States contains a vulnerability that researchers say could allow others to control the device. The hole affects ZTE's Score model that runs on Google Inc's Android operating system and was described by one researcher as "highly unusual." "I've never seen it before," said Dmitri Alperovitch, co-founder of cybersecurity firm, CrowdStrike. ...


 
Chinese solar makers reject US dumping ruling
2012-05-18T06:52:30Z   
Chinese producers of solar power equipment on Friday rejected an American anti-dumping ruling in a case that threatens to worsen U.S.-Chinese tensions. They warned proposed punitive tariffs might hurt efforts to promote clean energy.
 
Samsung Received 9 Million Pre-Orders for the Galaxy S3 [REPORT]
2012-05-18T04:55:14Z   
Samsung has received 9 million pre-orders from more than 100 international carriers for its upcoming flagship smartphone, the Galaxy S3, Korea Economic Daily reports.
 
Insight: Who got Facebook IPO shares? Fairness may not come into it
2012-05-18T04:33:00Z   

The loading screen of the Facebook application on a mobile phone is seen in this photo illustration taken in LavignyNEW YORK (Reuters) - A lot of loyal Facebook fans and occasional investors are discovering a hard truth this week: Money and connections talk, especially when it comes to a hot deal handled by Wall Street. The scramble for shares in what is one of largest initial public offerings in U.S. history quickly divided the haves from the have-nots on Thursday. Those with big brokerage accounts and a long history as customers of Wall Street firms likely got at least part of their orders for Facebook shares filled, but would-be buyers who had no such ties were lucky to get any. ...


 
Questions and answers on blockbuster Facebook IPO
2012-05-18T04:09:05Z   

An Indian man opens a Facebook page on his mobile phone in Hyderabad, India, Thursday, May 17, 2012. The company's shares are expected to begin trading on the Nasdaq Stock Market on Friday under the ticker symbol A company started in a Harvard dorm room in 2004 has just raised $16 billion and is valued at $104 billion. All that from an initial public offering of stock.


 
Investors brace for Facebook debut on Wall Street
2012-05-18T04:08:58Z   

A Facebook application logo is pictured on a mobile phone in this photo illustration taken in Lavigny(Reuters) - Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history. Valued at $104 billion, Facebook is larger than Starbucks Corp and Hewlett-Packard combined, sparking intense speculation on how much higher its valuation will rise once shares start trading. "A 15 to 20 percent pop is in the realm of possibility," said Tim Loughran, a finance professor at the University of Notre Dame. ...


 
Facebook's IPO one of world's largest
2012-05-18T04:07:58Z   

A Facebook logo is displayed on the screen of an iPad, Wednesday, May 16, 2012 in New York. Facebook's initial public offering is one of the most hotly anticipated in years. The company is likely to have an estimated market valuation of $100 billion when its shares begin trading on the Nasdaq stock market on Friday. (AP Photo/James H. Collins)Facebook is about to find out just how much status updates, puppy photos and billions of "likes" are worth on Wall Street.


 
 


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