What Went Wrong With Facebook's IPO?
Facebook's initial public offering is off to a less than spectacular start, to put it generously. The stock closed at $31 on its third day Tuesday, down 18% from its initial offer price of $38, which valued the company just above $100 billion.
Google Graph Makes Search Smarter
Google's new Knowledge Graph is a new search tool that will begin rolling out starting today, and it it's meant to help you find search results faster. When you search now for popular or well-known people, places and things you'll get a box to the left of the results explaining more about that term.
Savored Android app supplies the meal deals
Not sure why no one of thought of this long ago. Who doesn’t want a restaurant deal? Savored uses a Priceline-like model for restaurants, matching hungry diners to empty tables nearby. That way, the restaurant-goers get cheaper eats, and the restaurants themselves win with fewer open tables.
Best Buy tops expectations in Q1, online revenue and mobile sales up
Best Buy on Tuesday reported results for the first quarter of 2012. The electronics retail giant posted better-than-expected earnings per share, despite declining store sales. Revenue came in at $11.6 billion, ahead of analysts’ consensus of $11.52 billion, and non-GAAP earnings came in at $0.72 per share, up 11% from the same quarter in 2011 and beating the Street’s estimates of $0.59 per share. Domestic online revenue rose by 20%, and domestic mobile-phone sales increased by 13%. “Best Buy is in a turnaround, and the strategic priorities we laid out at the beginning of the year are just the first phase of the changes to come,” said Mike Mikan, CEO (interim) of Best Buy. “We know we have to better
Solar Eclipse in Time-Lapse
This time-lapse video of an annular solar eclipse was shot Sunday by Cory Poole, a 33-year-old physics and math teacher from Redding, Calif., who has an interest in science and astronomy. “Once I found out that the path of the annular eclipse went directly through my...
Mammoth 'Butchered' by Ancient Man
A young woolly mammoth, found remarkably well preserved in the tundra in Siberia, may have been attacked by lions -- but scientists say there are signs it was then butchered by ancient humans.
