Nasdaq 'Embarrassed' Over Facebook IPO Tech Glitches Nasdaq has acknowledged the technical glitches that delayed the start of Facebook IPO for approximately 30 minutes and vexed many investors. Yahoo to sell half of its Alibaba stake for $7.1B
Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.
SpaceX Launch Aborted at Last Moment It was to have been the dawn of a new era, private companies launching into space and on to the International Space Station. The first such launch was set for before dawn this morning, and it came tantalizingly close. But the SpaceX rocket never got...
  New app identifies faces in photos TORONTO (Reuters) - Imagine taking a snapshot of a group of friends and having your smartphone instantly reveal the identity of everyone in the photo. A new iPhone app called KLiK performs real-time facial recognition to automatically identify and tag friends in photos. "It's our most recent evolution of both the platform and the consumer product that we're offering," said Gil Hirsch, the CEO of the facial recognition technology platform Face.com, which launched the app. "We noticed that at parties or events there were many photos being taken but only a few were actually getting tagged. ... Chinese company to buy US movie theater chain AMC
A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date.
Zuckerberg's Status Update: Married Newly minted billionaire Mark Zuckerberg had an important status update Saturday evening: Married.
The 28-year-old tied the knot with his longtime girlfriend, the recently graduated Dr. Priscilla Chen in a private ceremony at the couple's home in Palo Alto, Calif.
 
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