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Apple CEO Cook gives up $75M in stock dividendsApple says CEO Tim Cook is giving up $75 million in dividends on restricted stock.Alibaba.com $2.5B privatization bid approvedChinese e-commerce firm Alibaba Group's $2.5 billion bid to take its Hong Kong-listed unit private was cleared Friday by minority shareholders, easing the way for CEO Jack Ma to gain more control over his company's destiny.Web series touts funky concept snowboardsIn 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. SpaceX becomes the first private company to dock with the International Space StationAfter delays almost too numerous to count, the SpaceX Dragon finally launched into the great unknown on May 22, and made its way to the International Space Station. This morning, at approximately 9:57 a.m. Eastern, the vessel docked with the ISS, marking … Continue readingTwitter users rally for suddenly unemployed game industry workersAfter Curt Schilling's game company, 38 Studios, failed to make a payment on its business loan to Rhode Island on May 1, today's announcement that the entire 350+ person staff had been let go didn't come as much of a surprise. … Continue readingSpaceX Dragon Makes History, Docks With the ISS [PICS][More from Mashable: Watch the SpaceX Dragon’s Historic Docking Attempt Live [VIDEO]]Morgan Stanley may refund some Facebook investorsMorgan Stanley, the lead investment bank in Facebook's troubled initial public offering, will compensate retail investors who overpaid when they bought Facebook's stock in Friday's IPO, according to a source familiar with the matter.New Google data show Microsoft's piracy problemsGoogle's Internet search engine receives more complaints about websites believed to be infringing on Microsoft's copyrights than it does about material produced by entertainment companies pushing for tougher online piracy laws.Broadcasters sue Dish over ad-skipping DVR serviceBroadcasters Fox, NBC and CBS sued Dish Network Corp. on Thursday over a service that offers commercial-free TV. Facebook launches iPhone camera appFacebook's rocky initial public offering hasn't stopped life at the world's biggest online social network. On Thursday, the company unveiled a camera app for the iPhone. Google Play matures with in-app subscriptionsGoogle is facing growing competition for its Google Play market, as Amazon, Facebook and even China Mobile Ltd. develop stores to sell Android apps. It’s what we’d expect from an open source system such as Android, but that doesn’t mean Google won’t fight for dominance. Apps have become part a powerful platform for commerce, and Google hopes to generate as much revenue as possible from Android.After just two months, new iPad share tops originalUsage of Apple’s third-generation iPad in the United States has passed the original iPad model after just over two months of availability. According to a recent report from software analytics firm Localytics, Apple’s latest iPad captured a staggering 14% of the U.S. iPad market in just four days when Apple sold more than 3 million devices during the tablet’s debut. Now, a week and two months after the third iPad launched on March 16th of this year, the new model’s share of U.S. usage topped 20% during the week of May 16th, narrowly surpassing the original model for the first time. Apple’s first iPad tablet launched in the U.S. on April 3rd, 2010 — more than two years ago — Apple CEO Cook gives up $75M in stock dividendsApple says CEO Tim Cook is giving up $75 million in dividends on restricted stock.Dell in talks to buy Quest Software: report(Reuters) - Dell Inc is in talks to buy Quest Software Inc, the network security software maker that had earlier agreed to be acquired by Insight Venture Partners for $2 billion, Bloomberg reported, quoting sources. Quest shares were up 5 percent at $26.45 in early trading on Friday on the Nasdaq. Shares of the company, which now has a market value of $2.12 billion, gained more than a third of their value after Insight Venture's offer. Quest said earlier this month it had received multiple alternative proposals during its go-shop period following the offer from the private investment firm. ... Google Play matures with in-app subscriptionsGoogle is facing growing competition for its Google Play market, as Amazon, Facebook and even China Mobile Ltd. develop stores to sell Android apps. It’s what we’d expect from an open source system such as Android, but that doesn’t mean Google won’t fight for dominance. Apps have become part a powerful platform for commerce, and Google hopes to generate as much revenue as possible from Android.SpaceX Has Docked: 'Looks Like We Caught a Dragon By the Tail'It's official: The first private mission to the International Space Station is a success. The SpaceX Dragon capsule, which blasted off on the Spacex Falcon 9 rocket Tuesday, successfully docked with the space station at 9:56 a.m. EDT, when a robotic arm grabbed it and secured it. In classic quotable NASA fashion, astronaut Don Pettit said: "Looks like we caught a Dragon by the tail." Check out NASA's live video: Space station arm grabs Dragon capsuleThe International Space Station on Friday successfully used its robotic arm to grab the approaching Dragon capsule, making SpaceX the first private company to rendezvous with the orbiting lab. Dish sued by networks over ad-skipping Auto Hop featureCBS, Fox and NBC have independently filed lawsuits against Dish Network, claiming its new automatic commercial-deleting service Auto Hop violates copyright laws; Fox even goes as far as to state that Auto Hop is “destroying the fundamental underpinnings of the broadcast television ecosystem.” Auto Hop is a feature launched recently for Dish Network’s Hopper DVR. When enabled, the free add-on allows users to automatically skip over commercials aired during prime time shows on each of the four major television broadcast networks — ABC, CBS, Fox and NBC. Networks took issue with the feature immediately, of course, and now complaints have been filed by three of the four affected networks, BGR sister site Deadline reports. Dish has already filed its own complaint The Small Investors Who Lost Big on Facebook's IPOA Big Guy v. Little Guy narrative has emerged from this post-Facebook IPO fallout. We already know about the Big Guy -- Facebook and its underwriters -- but now we're starting to hear what those little guys have to say. Stop Judging Mark Zuckerberg for His Relatively Normal WeddingThe wedding story of last weekend that took everyone by surprise was, of course, the marriage of Facebook's Mark Zuckerberg to his longtime girlfriend Priscilla Chan. We laughed, we cried, ladies wanted her dress, we all marveled at their ability to pull this off right after Facebook's IPO. How adorable! Ahead of the Bell: Leap Wireless price target cutAn analyst lowered his price target for Leap Wireless International Inc. on Friday because of tougher competition for the wireless carrier.Apple dominates mobile PC world, sees big increases in smartphone marketApple’s iPad continues to slug through the mobile computing market, dominating all other tablets, notebook computers and mini-notebook computers.Untethered iOS 5.1.1 jailbreak for iPhone, iPad and iPod touch now availableiPhone, iPad and iPod touch users running the latest version of Apple’s iOS software now have access to full-featured untethered jailbreak software courtesy of iOS hackers Chronic Dev Team and pod2g. The software needed to perform the jailbreak, Greenpis0n Absinthe 2.0, is now available for download and is compatible with A4-powered devices like the original iPad and the iPhone 4, as well as newer A5-powered devices like the new iPad and iPhone 4S, JailbreakUntethered reports. The updated software allows users to jailbreak their newer A5-powered iOS devices without having to connect to a computer while booting, though it is not compatible with iPad 2 models powered by Apple’s newer 32-nanometer chipset. Download links for Greenpois0n Absinthe 2.0 and a how-to NJ postpones vote on social media measuresNew Jersey lawmakers have postponed a vote on measures prohibiting employers and schools from requiring current or prospective employees or students to disclose social media user names or passwords.Facebook market makers' losses total at least $100 million(Reuters) - Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders. A technical glitch delayed the social networking company's market debut by 30 minutes on Friday and many client orders were delayed, giving some investors and traders significant losses as the stock price dropped. The exchange operator is facing lawsuits from investors and threats of legal action from brokers. ... Suddenly Apple Gets that Siri Is a Huge JokeThe latest iPhone commercials feature John Malkovich playing around with Siri. But that's it. He's just being his weird self with the bot, using it as a form of entertainment, rather than a useful tool. In one of the two spots, he asks for the weather, but other than that all of his other interactions are for laughs, unlike the early Siri ads, which portrayed regular people getting real use out of the supposedly life changing personal assistant. But people don't use Siri in the way Apple first expected, so now we're getting a different genre of commercial. Feds: Sex trafficking ring used Backpage.com adsA nationwide sex trafficking ring run by a violent pimp and his associates used Backpage.com to solicit customers for prostitutes as young as age 17, advertising the women as "smokin' hot babes," according to a federal indictment recently unsealed in Iowa.GI seeks dismissal of 10 counts in WikiLeaks caseAn Army private charged in the biggest leak of government secrets in U.S. history is seeking dismissal of 10 of the 22 counts he faces, contending they are either unconstitutionally vague or fail to state a prosecutable offense.OLRTXT STX FUND FINS BANK TECH ITSE INVB BUS BNK FIN IPO ISU US;GS.N FB.O MS.NFacebook IPO is flashback to dot-com class action This is not the first time investors in a hot tech company's initial public offering have alleged that underwriters favored their regular clients at the expense of the little guys. In the tech bubble of the late 1990s, IPO investors became suspicious of the steep run-up in prices that seemed inevitably to follow a stock's debut. Eventually, some 309 IPO shareholder class actions were rolled into a giant multidistrict lawsuit called In re: Initial Public Offering Securities Litigation. ...Exclusive: Fidelity facing "thousands" hit by Facebook woesBOSTON (Reuters) - Fidelity Investments said it was working with "thousands" of brokerage clients affected by trading issues that have engulfed Facebook Inc's much-anticipated initial public offering, according to a source familiar with the situation. The social media site's IPO has been steeped in controversy since it started trading last Friday. Almost a week later, many investors have found that their orders for Facebook were not executed at the prices they thought, said advisers, who declined to be identified because they are not allowed to speak to the press. ...Facebook fallout: Silicon Valley won't snub Morgan StanleySAN FRANCISCO/NEW YORK (Reuters) - Silicon Valley isn't quite ready to dump Morgan Stanley over the Facebook IPO fiasco. It could be said that playing a role in botching the world's biggest tech initial public offering would be enough to kick its lead banker out of the club, or at least to the curb, but a tarnished image hasn't necessarily dented Morgan Stanley's position as a go-to underwriter for Silicon Valley, according to bankers, venture capitalists and start-ups. ...GameFly to take on Google with new Android app storeGameFly announced on Wednesday that it plans to begin publishing mobile games for Apple’s iOS platform and Google’s Android operating system. In addition, the video game rental service plans to further expand into mobile by launching its own Android app store to take on the Google Play store. ”GameFly is dedicated to giving consumers the best user experience possible, and to be their single destination for console, PC and mobile gaming needs,” GameFly co-founder Sean Spector said in a statement. “We plan to be a leading player in mobile games by launching our retail GameStore for Android and helping to fund mobile developers of all sizes to publish, promote and sell their smartphone and tablet games.” The GameFly GameStore will Facebook introduces standalone Camera mobile appAfter its acquisition of virally popular photo filter app Instagram, Facebook has taken the wraps off its own standalone camera application. NBC may buy Microsoft's MSNBC.com stake(Reuters) - NBCUniversal is in talks to buy out Microsoft Corp's 50 percent stake in joint venture MSNBC.com, media reports said. NBCU parent Comcast Corp is conducting due diligence and the partnership with NBC News could be unwound by this summer, said Adweek, which first reported the talks. "Discussions are taking place," Amy Lynn, director of communications at NBC News, told the Wall Street Journal. The companies are likely to negotiate a deal ensuring that MSNBC.com secures real estate on MSN.com, similar to the treatment Fox Sports receives, Adweek said. ... Obama and Romney Go Head-to-Head on Twitter [INFOGRAPHIC]One of the battles in the war for the White House is being fought on Twitter. It's common knowledge that Obama's beating Romney hand-over-fist in followers: the president has more than 15 million followers, compared to Romney's half-million. However, the number of social followers alone doesn't mean much -- instead, the key to waging a successful political campaign on Twitter is engagement.SpaceX Dragon Makes History, Docks With the ISS [PICS][More from Mashable: Watch the SpaceX Dragon’s Historic Docking Attempt Live [VIDEO]]Every Song You Download Here Helps CharitiesThe World at Work is powered by GE. This new series highlights the people, projects and startups that are driving innovation and making the world a better place.Authors or Curators: Who Will Be More Valuable in the Future?The great debate between original and curated content has been a hot topic in the age of social media. Today, so much content is produced at such a rapid rate that the web has become a realm of tastemakers.2K Games Looks Beyond Twitter, Facebook for Customer OutreachThe community and customer service teams at 2K Games are committed to reaching out to the company's audience, even if it means facing unhappy customers head-on.10 Nerdy Accessories for Your Summer BBQ1. Hot Pot Barbecue |
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