Facebook’s record-breaking IPO put into perspective
Facebook made its initial public offering last Friday and while it didn’t go as smoothly as many had hoped, the offering was still the largest of its kind. Facebook stock began trading at $42 on Friday before closing just above $38, the IPO price set by bankers the night before. The stock has since slid further, touching $30 in pre-market trading on Wednesday morning, and media coverage has turned sour as investors continue to balk. All things considered, however, the $16 billion Facebook raised on Friday smashed Google’s earlier record by more than eight times and made Facebook’s offering the biggest in Internet IPO history. To put things in perspective as Facebook’s stock battles to climb back to the $38 mark
Safety Experiment: Cars That 'Talk' to Each Other Will traffic be safer and smoother if vehicles can “talk” to each other? That’s the question the Department of Transportation hopes to answer, starting this summer, with an ambitious year-long experiment in Ann Arbor, Michigan. In August the National Highway Traffic Safety Administration plans to...
  Reading Your Lover's Mind Can you read your spouse's mind? During an argument? A Baylor University study showed people could easily tell when a spouse was angry, but other important emotions, such as sadness, were hard to detect.
  Play on: Google posts synthesizer tribute to Moog
Bob Moog's synthesizer helped change the sound of modern music. On what would have been his 78th birthday, Google is paying tribute to the man with a virtual version of his famous Moog on their homepage — and it's completely playable.
Watch: Qwiki Turns Everyone into a Broadcast Storyteller ABC's Joanna Stern sits down with Qwiki Founder Doug Imbruce.
  Key moments in Hewlett-Packard's recent history
On Wednesday, Hewlett-Packard Co. announced plans to cut about 8 percent of its work force, or 27,000 workers, by October 2014. It comes as the maker of personal computers struggles to compete with mobile devices.
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