Pinterest Raising $120 Million to Fund International Expansion [REPORT] Pinterest is raising $120 million in a funding round expected to be announced Thursday or Friday morning, according to multiple sources. The investment, Pinterest's third, places the two-year-old social bookmarking site's valuation in the range of $1 billion to $1.5 billion. Can Windows 8's Apps Beat the iPad's? USA Today, American Airlines, Slacker and others have made beautiful Windows 8 apps.
  Watch: Origami High-Tech Stroller A review of the power-folding, cell phone-charging Origami stroller.
  Singapore techs face margin squeeze, outlook better (Reuters) - Cost pressures are piling up for Singapore's electronics sector, with some listed companies reporting lower profit margins, but analysts expect an improvement in the second half of the year as the holiday season boosts demand. The slump in the sector, which contributes more than one-third of Singapore's non-oil domestic exports, comes as the central bank warned the industry would be a drag on economic growth and flagged severe price erosion for electronics firms. ... Sprint won’t turn a profit on the iPhone until 2015
Sprint’s costly $15.5 billion gamble on Apple’s iPhone won’t pay off until 2015, according to CEO Dan Hesse. At that time, however, the iPhone will be “quite profitable,” and the company is “very happy” with the deal despite conflicting reports, AllThingsD said. Hesse sees the iPhone as a long-term investment that will slow subscriber defections and attract new customers. “We believe in the long term,” the CEO said. “And over time we will make more money on iPhone customers than we will on other customers.” Sprint sold 1.5 million iPhones in the first quarter of 2012, and while the number doesn’t approach AT&T or Verizon’s sales, 44% of Sprint’s iPhone sales were made to new customers. Read
Grad Gift Ideas for Class of 2012 ABC’s Tech Contributor Andrea Smith (@abcandrea) has a round-up of today’s latest gadgets for those ready to take on the world post-graduation.
 
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