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Status update: Facebook’s Mark Zuckerberg Gets Married
Maybe he wanted to wait ’til he could afford it. Just a day after he became the $20 billion man by taking his tech company public, Facebook founder Mark Zuckerberg made another major move by marrying his longtime girlfriend, Priscilla Chan. The pair were wed last night in a surprise ceremony at his Palo Alto, Calif., home before 100 guests. The tech mogul memorialized the momentous event in the most fitting way for the Facebook generation, by posting an update to his page that said: “Mark added a life event to May 19, 2012 on his timeline: Married Priscilla Chan.” Zuckerberg, 28, even took off his infamous hoodie for the wedding in favor of a…
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Breaking: Facebook IPO Trading Opens at $42
NEW YORK Facebook’s stock market debut is finally here — and investors jumped on the breathlessly hyped IPO, sending shares up almost 11% at the start of trade. On Thursday night, Facebook (FB) set its final IPO price at $38 a share. When the stock began trading at 11:30 a.m. ET on Friday, the first trade came in at $42.05 per share. Trading had been expected to startaround 11 a.m. ET, but the opening was delayed. Facebook founder and CEO Mark Zuckerberg rang the Nasdaq opening bell remotely, from the company’s headquarters in California. Facebook celebrated its public debut by gathering its staff Thursday night for an all-night hackathon. At the $38 IPO price, Facebook is on track…
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New Study: Coffee drinkers may live longer
A new study published Thursday in the New England Journal of Medicine suggests that drinking coffee may just help you live longer. Researchers at the National Institutes of Health looked at the coffee drinking habits of 402,260 members of the American Association of Retired Persons. Participants completed a detailed dietary, lifestyle and demographic questionnaire at the study’s start, when they were between ages 50 and 71. During the study, 52,515 participants died. At the end of the study, the association between drinking coffee and mortality was seen among different races and educational levels, and in a very large group with a large number of deaths. The study also removed the possibility of smoking and alcohol…
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Breaking: Facebook IPO to Price at $38 Per Share
Facebook Inc. to pricing its initial public offering at $38 a share, according to Wall Street Journal, a move that would value the Internet company at more than $100 billion. Facebook executives and senior bankers on the deal were holed up in a meeting discussing the price and a decision still hasn’t been made final, cautioned the people, noting that the final price could still come in a dollar higher. The company tried floating higher numbers to investors but was rebuffed, said one of the people. A final decision is expected shortly and Facebook will file its final price with the Securities & Exchange Commission after market close Thursday, said one of the people. At $38…
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Jennifer Lopez is Leaving American Idol !!!!
Could it be that Jennifer Lopez’s run on “American Idol” is coming to a close? E! is reporting that J.Lo is planning on leaving the highly-rated singing competition after this season, her second. The reason she’s looking to go – the time commitment the job requires. “She’s just too busy,” a source tellsthe publication. Lopez hinted that quitting the series might be in her future during a May 15 interview on “Ellen.” When asked by DeGeneres, herself a former “Idol” judge, whether she’ll return for a third season, Lopez says, “I don’t know…I enjoy it. I really do enjoy it. I miss doing other things. It really does lock you down.” FOX has not commented publicly on this report. However a source close…
TECH NEWS
Breaking: Facebook IPO Trading Opens at $42
NEW YORK Facebook’s stock market debut is finally here — and investors jumped on the breathlessly hyped IPO, sending shares up almost 11% at the start of trade. On Thursday night, Facebook (FB) set its final IPO price at $38 a share. When the stock began trading at 11:30 a.m. ET on Friday, the first trade came in at $42.05 per share. Trading had been expected to startaround 11 a.m. ET, but the opening was delayed. Facebook founder and CEO Mark Zuckerberg rang the Nasdaq opening bell remotely, from the company’s headquarters in California. Facebook celebrated its public debut by gathering its staff Thursday night for an all-night hackathon. At the $38 IPO price, Facebook is on track…
Breaking: Facebook IPO to Price at $38 Per Share
Facebook Inc. to pricing its initial public offering at $38 a share, according to Wall Street Journal, a move that would value the Internet company at more than $100 billion. Facebook executives and senior bankers on the deal were holed up in a meeting discussing the price and a decision still hasn’t been made final, cautioned the people, noting that the final price could still come in a dollar higher. The company tried floating higher numbers to investors but was rebuffed, said one of the people. A final decision is expected shortly and Facebook will file its final price with the Securities & Exchange Commission after market close Thursday, said one of the people. At $38…
Amazon hiring 1,000, Microsoft 1,500
Looking for a Job? Some of the biggest tech companies in the Northwest are looking for new workers. According to TechFlash, Amazon announced Monday it is hiring 1,000 people for its Seattle offices. Amazon looking for technical developers to work on software engineering, management of software development, user interface, user experience design, and technical program management. Microsoft is also hiring more than 1,500 people. Other tech companies are expanding in the area, including Facebook office in Seattle, Google’s Kirkland office and F-5 Networks in Seattle.
Yahoo CEO Scott Thompson Fired Following Discovery of Fake Computer Science Degree on His Resume
Over the first 2 weeks of May, 2012, Yahoo CEO has been in news, not for anything good but for a Fake Computer Science Degree on His Resume! He is finally out; he is fired though a reason for resignation may be used to divert attention. This is less than 6 months since he was hired. Despite his proven experience and success as a former president of PayPal who took over YAHOO from Carol Bartz who was dismissed in September, the fake computer science degree on his resume has cost him the current job but more importantly his reputation. Levinsohn, currently the global media head overseeing advertising across all of Yahoo is expected to be…
Facebook Co-Founder Gives Up U.S. Citizenship Before The Facebook IPO
Eduardo Saverin, the billionaire co- founder of Facebook Inc. (FB), renounced his U.S. citizenship before an initial public offering that values the social network at as much as $96 billion, a move that may reduce his tax bill. Facebook plans to raise as much as $11.8 billion through the IPO, the biggest in history for an Internet company. Saverin’s stake is about 4 percent, according to the website Who Owns Facebook. At the high end of the IPO valuation, that would be worth about $3.84 billion. His holdings aren’t listed in Facebook’s regulatory filings. Saverin, 30, joins a growing number of people giving up U.S. citizenship, a move that can trim their tax liabilities in…
Facebook is Launching its Own App Store.
Facebook is launching a new App Center, “a place to find social web, desktop, and mobile apps” — and not just Facebook apps. The App Center will bring Facebook’s 900 million users all the best in iOS apps, Android apps, web apps, mobile web apps, and even desktop apps. “The goal is to solve the app discovery problem… based on what you and your friends enjoy,” a Facebook rep told VentureBeat in a phone chat today. You won’t just find free apps here, either. Facebook is also introducing paid apps. The company stated it expects in-app purchases to be developers’ primary money-makers for the time being; however, making paid apps available through the Facebook platform…
POLITICS
New Study: Coffee drinkers may live longer
A new study published Thursday in the New England Journal of Medicine suggests that drinking coffee may just help you live longer. Researchers at the National Institutes of Health looked at the coffee drinking habits of 402,260 members of the American Association of Retired Persons. Participants completed a detailed dietary, lifestyle and demographic questionnaire at the study’s start, when they were between ages 50 and 71. During the study, 52,515 participants died. At the end of the study, the association between drinking coffee and mortality was seen among different races and educational levels, and in a very large group with a large number of deaths. The study also removed the possibility of smoking and alcohol…
George Zimmerman Medical Records Leak! (VIDEO)
A medical report compiled by the family physician of George Zimmerman found that he was diagnosed with a “closed fracture” of his nose, a pair of black eyes, two lacerations to the back of his head and a minor back injury the day after he fatally shot Trayvon Martin after their altercation on Feb 26th. According to ABC News, the morning after the shooting, on Feb. 27, Zimmerman went to get treated at the offices of a general physician, a family practice near Sanford, Fla. The doctor notes Zimmerman sought an appointment to get legal clearance to return to work. Records show that Zimmerman also suffered bruising in the upper lip, cheek and lower back pain. Two lacerations…
Breaking: George W. Bush Endorses Mitt Romney
“I’m for Mitt Romney,” Bush told ABC News this morning as the doors of an elevator closed on him, after he gave a speech on human rights a block from his old home — the White House. Bush’s endorsement isn’t a surprise, given that Romney is virtually the Republican Party’s nominee. But the 43rd president has been absent from the 2012 campaign and hasn’t made any public comments showing his support for Romney. Romney did get the formal backing of Bush’s parents, President George H.W. Bush and Barbara Bush, in March. People who worked in the Bush administration say they doubt the former president will be campaigning for Romney this year. Even in his post-presidential life, Bush still…
ENTERTAINMENT
Status update: Facebook’s Mark Zuckerberg Gets Married
Maybe he wanted to wait ’til he could afford it. Just a day after he became the $20 billion man by taking his tech company public, Facebook founder Mark Zuckerberg made another major move by marrying his longtime girlfriend, Priscilla Chan. The pair were wed last night in a surprise ceremony at his Palo Alto, Calif., home before 100 guests. The tech mogul memorialized the momentous event in the most fitting way for the Facebook generation, by posting an update to his page that said: “Mark added a life event to May 19, 2012 on his timeline: Married Priscilla Chan.” Zuckerberg, 28, even took off his infamous hoodie for the wedding in favor of a…
Jennifer Lopez is Leaving American Idol !!!!
Could it be that Jennifer Lopez’s run on “American Idol” is coming to a close? E! is reporting that J.Lo is planning on leaving the highly-rated singing competition after this season, her second. The reason she’s looking to go – the time commitment the job requires. “She’s just too busy,” a source tellsthe publication. Lopez hinted that quitting the series might be in her future during a May 15 interview on “Ellen.” When asked by DeGeneres, herself a former “Idol” judge, whether she’ll return for a third season, Lopez says, “I don’t know…I enjoy it. I really do enjoy it. I miss doing other things. It really does lock you down.” FOX has not commented publicly on this report. However a source close…
‘Skechers a Big Scam’ Agreed to Pay $40 Million to Settle False-Ad Claims
WASHINGTON – Claims that Skechers’ fitness shoes can help shed pounds and tone muscles are sketchy at best, says the government — and they’re going to cost the company millions of dollars. The footwear company will pay $40 million to settle charges by the Federal Trade Commission that Skechers made unfounded claims that its Shape-ups shoes would help people lose weight and strengthen butt, leg and stomach muscles. The settlement also involves the company’s Resistance Runner, Toners and Tone-ups shoes. The FTC alleges Skechers made deceptive claims about those shoes, too. The FTC says Skechers falsely represented that clinical studies backed up the company’s claims about its toning shoes. Consumers who bought the shoes will…
Breaking: Jennifer Hudson Murder Trial William Balfour GUILTY
William Balfour has been found GUILTY of murdering three members of Jennifer Hudson‘s family. The verdict was handed down moments ago after three days of deliberations. Balfour was convicted of 1st degree murder in the deaths of Jennifer’s mom Darnell Donerson, her brother Jason Hudson, and nephew Julian King. Balfour was also convicted of home invasion and residential burglary. Jennifer Hudson was present in court when the verdict was read. 31-year-old Balfour stands convicted of the triple murder after allegedly flying into a blind and jealous rage in 2008 — over a balloon gift for Julia Hudson, Balfour’s ex and Jennifer’s sister. Prosecutors say Balfour thought the gift was from Julia’s new boyfriend and he…
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