Manage Your Facebook Page From this New App
Facebook unveiled its new app on Monday that lets you manage your Facebook profile from your iPhone.

Yahoo clears a hurdle, sells Alibaba stake for $7.1 billion

SHANGHAI/NEW YORK (Reuters) - Yahoo Inc will sell as much as half of its 40 percent stake in Chinese e-commerce powerhouse Alibaba Group for $7.1 billion, ending years of fractious talks over how to extract value from its most prized asset. Yahoo also increased its stock buyback authorization by $5 billion to $5.5 billion as a result of the deal but said it might instead opt to distribute some of the proceeds through a dividend. The sale, announced on Monday, gives Yahoo $6.3 billion in cash and up to $800 million of new Alibaba preferred stock. After taxes, Yahoo will clear $4.2 billion. ...

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...

Silicon Valley takes Facebook fizzle in stride

SAN FRANCISCO (Reuters) - Facebook's lackluster initial public offering performance is a black eye for many on Wall Street and could have ramifications for similar upcoming deals such as an offering by Twitter, but venture capitalists in Silicon Valley are keen to shrug off Facebook's stumble - at least for now. ...

Where are Facebook's friends? Stock down after IPO

Facebook was supposed to soar. Instead, it plunged.

Annular Eclipse Makes 'Ring of Fire'
If you live in a band across the southwestern United States, twilight likely seemed to come early this afternoon, well before the sun actually sets, thanks to a rare annular eclipse.