The Flaming Lips to Livestream Epic 24-Hour Trip
In a nearly 30 year career, the Flaming Lips have never adhered to conventional wisdom. In a truly epic performance this summer, the band will continue pushing boundaries and searching for what singer Wayne Coyne refers to as "absurd."
Web series touts funky concept snowboards
In the summer of 2010, Signal Snowboards created the Web series "Every Third Thursday" to showcase the company's experimentation with funky concept boards. Think Science Channel’s “How It’s Made” — except with a lot more sass and a funkier setting.
Gadgets: Illuminating Speaker Dock
ABC News' gadget roundup this week features an illuminating speaker, carbon fiber ThinkPad ultrabook, and a new Sony camera. Click through for more exciting gadget picks this week.


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
Regulators, investors turn up heat over Facebook IPO
(Reuters) - Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. Facebook shares closed 8.9 percent lower at $31, following an 11 percent plunge on Monday. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ...
SpaceX: Multimillionaire's Ship in Orbit
The SpaceX Falcon rocket launch came off successfully this morning; carrying routine supplies for the International Space Station -- and maybe beginning a new era, in which private enterprise handles missions only NASA could before.

