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.

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. ...

Ancient 'Iceman' Had Modern Ailments
Scientists have sequenced the genome of the famed 5,300-year-old Tyrolean iceman, found frozen in the Alps in 1991 -- and discovered he had genetic vulnerability to heart disease, as well as Lyme disease.

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.

Water World: New 'Super-Earth' Found
Scientists report they have found an exoplanet -- a world orbiting a distant star, 22 light-years away -- that they call the best candidate yet to be the right temperature for liquid water and, perhaps, life. It is labeled GJ 667Cc, and it is located in the constellation Scorpio.

Couple Dead Due To Bad Connection In the Mountains [VIDEO]
A couple whose car fell down an embankment in the Catskill Mountains tried to make rescue calls on their cellphone but shoddy reception prevented them from reaching help in time.