Congressional panels reviewing Facebook IPO issues WASHINGTON (Reuters) - The U.S. House and Senate committees that oversee financial sector matters are planning to look into the issues surrounding Facebook Inc's initial public offering, aides to both committees said on Wednesday. Sean Oblack, a spokesman to the Senate Banking Committee, said the review will focus on "issues raised in the news" and that staff will be conducting briefings with "Facebook, regulators and other stakeholders. ... News Summary: No Google infringement, says jury THE VERDICT: A federal jury says Google didn't infringe on Oracle's patents when the Internet search leader developed its popular Android software for mobile devices. Ancient Plant Revived After 30,000 Years The plant in this picture dates from the Pleistocene Age, 30,000 years ago, before agriculture, before writing, before the last Ice Age. And while it’s not accurate to say the plant itself is that old, scientists in Russia say they regenerated it from frozen cells...
  Game Review: 'Sorcery' “Sorcery” is finally here, and after years of anticipation PS3 fans finally get a game that shows off what the PlayStation Move controller can do. The game takes five to six hours to play — disappointingly short, but still, “Sorcery” is a beautiful game...
  How consumer-electronics makers are faring A look at how selected makers of phones and other consumer-electronic gadgets are faring: Pandora Media raises outlook as more people tune in
(Reuters) - Online streaming music service Pandora Media Inc reported better-than-expected revenue and raised its full-year guidance as more people tuned in. The stock climbed 17 percent in extended trading after closing at $10.33 on Wednesday. "We are making excellent progress on all fronts - consumer adoption continues at an extraordinary pace," Pandora Chief Executive Joe Kennedy said in an interview with Reuters. Pandora raised its full-year revenue outlook to a range of $420 million to $427 million from a previous forecast of $410 million to $420 million. ...
|