Ari Melber of The Nation explained Wednesday on MSNBC why the public offering of Facebook was estimated to be one of the biggest of all time. “Why exactly is Facebook worth so much money? It’s current revenues of a few billion dollars don’t support this evaluation,” he said. “But Facebook…
“Angry Birds”, the most-downloaded mobile app of 2011, was catapulted to the world of Facebook on Tuesday in a bid by its Finnish maker Rovio to get one billion people playing the addictive game. Fans were able to test the new Angry Birds Facebook app online Tuesday morning ahead of its official global launch in Jakarta,…
The daughter of a pastor is in critical condition after being accidentally shot in the back of the head at a church in Florida. Pastor Tim Kelley announced on Grace Connection Church’s Facebook page on Sunday that the prognosis for his daughter, 20-year-old Hannah Grace Kelley, was not good. “Please…
Australian women may have embraced the digital era, but they prefer a face-to-face declaration of affection to an “I love u” text and find men addicted to their mobile phones a major turnoff. That’s according to a study carried out by romance publisher Mills & Boon, timed to coincide with Valentines Day on Tuesday.…
WASHINGTON — The explosion of software applications for smartphones, tablet computers and Facebook has created nearly 500,000 jobs in the United States since 2007, according to a study published on Tuesday. The study, sponsored by TechNet, a bipartisan organization of top technology executives, found that the “App Economy” employs 466,000…
On his show Monday night, Current TV host Keith Olbermann lampooned Rep. John Fleming (R-LA) for mistaking an article from the satirical news outlet The Onion for real news. Fleming or his staff posted a link to the article, titled “Planned Parenthood Opens $8 Billion Abortionplex,” on the conservative congressman’s…
A Catholic college in in Pennsylvania has reversed their decision not to allow a same sex couple to enter an alumni Valentine’s Day contest. In a posting on Facebook Wednesday, Megan Lynn explained that she and her partner, Katie MacTurk, had entered The Saint Joseph’s University Alumni Association’s “How I…
WASHINGTON — As Facebook and Google jockey for dominance of the Web, the social networking titan’s $5 billion stock offering will give it a hefty warchest for the ongoing fight, analysts said. “It gives Facebook the ability to roll out more services,” Gartner technology analyst Michael Gartenberg said. “It’s going…
Investors came down with Facebook fever after the social networking titan filed to go public and seek to raise $5 billion in the largest flotation ever by an Internet company on Wall Street. The paperwork filed on Wednesday for the initial public offering provided the first glimpse of the financial…
NEW YORK — Respect for privacy and the personal data of of its hundreds of millions of users is going to be an even greater concern for Facebook as the booming social network prepares to list on Wall Street. “We might see a public Facebook that’s now facing more scrutiny…