First Meteor Shower of 2012 Dazzles The Quadrantid meteor shower, the first major show of shooting stars in 2012, peaks in the hours before dawn on Wednesday. The best seeing should be after the moon sets around 3 a.m. Astronomers say you may see 60-200 shooting stars per hour if the weather is clear.
  Meet the New Facebook Millionaires Facebook, in one of the world's most widely anticipated initial public offerings of stock, has announced that it will add 84 million shares, worth up to $3.2 billion, to the IPO, which is expected to raise as much as $16 billion for the company, valued at roughly $100 billion.
  Early Facebook employee has memoir deal An early Facebook employee and former assistant to Mark Zuckerberg will have a memoir out this summer. Saverin dumps US citizenship ahead of Facebook IPO Facebook co-founder Eduardo Saverin has renounced his U.S. citizenship, a move expected to save him hundreds of millions of dollars in taxes stemming from the company's impending initial public offering. Watch: TechBytes: Facebook Ads, Amazon Job Surge General Motors pulls advertisements from Facebook.
  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
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