- David Sacks took to Facebook over the weekend to air his grievances about the state of the revered San Franciso Bay Area long assumed to be the centerpiece for innovation within the tech industry, giving a gloomy prediction of the tech industry's future shortly after selling his own company to Microsoft.
- Apple Inc's market value climbed past $623 billion on Monday, surpassing the record set by Microsoft Corp during the heyday of technology stocks in 1999.
- The two largest gold buyers in the world that largely drive the Love Trade, China and India, underwhelmed the metals market with their subdued demand for the yellow metal during the second quarter of this year.
- Don?t say technology companies aren?t enormously profitable. An IBTimes review of the cash and investment holdings of 11 of the top technology leaders shows they are sitting atop nearly $375 billion in cash and investments ? or about 24 percent more since the last survey nine months ago.
- Just prior to its much-hyped stock market debut, Facebook Inc. (Nasdaq: FB) bought the photosharing website Instagram for $1 billion in cash and stock. Now, with the world's biggest social network trading at half its IPO price, Instagram's deal doesn't look as nearly as sweet.
- European rabbis as well as Israel?s Minister of Public Diplomacy have criticized Apple (Nasdaq: AAPL) for publishing and selling an Arabic-language app of ?The Protocols of the Elders of Zion,? probably the best-known anti-Semitic forgery.
- On Sunday, celebrities, athletes and those in the limelight gathered in Santa Monica, Calif. for the 2012 Do Something Awards by VH1 to celebrate the year's most charitable people. Some of the best dressed of the night on the red carpet included Lea Michelle, Kristen Bell, Ashley Greene, Nikki Reed and Olivia Munn. View photos of the red carpet and ceremony and a full list of winners ahead of the VH1 broadcast which will air on Tuesday.
?American Horror Story? Season 2 Spoilers: White-Masked Nun Adds The Creepy Factor In Second ?Asylum? Trailer [VIDEO]With casting news slowing down and filming underway, "American Horror Story" is ready to tease fans about the upcoming second season. On Friday the Facebook page for the FX show posted an odd "Special Delivery" video for fans to enjoy and question. The show has quickly followed up with a second video titled "Blue Coat," and it is just as confusing as the first.
Pre-Market Movers (Coventry Health, Barclays, Facebook, Apple, Infosys, Waste Management, Deutsche Bank)Coventry Health Care, Barclays Plc, Facebook, Apple Inc, Infosys, Waste Management and Deutsche Bank AG are among the companies whose shares are moving in the pre-market trading Monday.
- Apple?s upcoming mobile operating system iOS 6 is set for a fall release date, but hackers have already found a flaw within the software. It was reported that the SMS messaging in iOS 6 can be manipulated so that the sender of the message can change the ?Reply To? number a different number than the original.
- IBTimes' weekly roundup of winners and losers in the world of business.
- The release date for Apple’s iPhone 5 is allegedly coming in September alongside an iPad Mini, and the Internet has not stopped buzzing with rumors and speculations about the device. This information has not been confirmed by Apple, but increasing evidence points to the following: fans could see the iPhone 5 next month.
- Amid the continue foreclosure crisis, some young people are taking to social media to redirect their frustration and coordinate larger acts of vandalism against abandoned properties.
- Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, fell to a new record low of $19.01 in midday Friday trading, a day after insiders were allowed to sell as many as 241 million shares they had been required to hold since the May 17 initial public offering.
‘American Horror Story’ Season 2 Spoilers: First Video of ‘Asylum’ Hits Facebook, Link To Watch Trailer HereFX's Emmy nominated series "American Horror Story" is prepping for a haunting second season, and they are finally treating fans to their first video sneak peak.
- The Russian government Friday arrested opposition leader / political activist Garry Kasparov outside the Moscow courthouse where the trial for punk rock band 'Pussy Riot' was held.
Pre-Market Movers (ArcelorMittal, Nokia, Frontline, Barclays, Facebook, Idenix Pharmaceuticals, VIVUS, Knight Capital Group)ArcelorMittal, Nokia Corp, Frontline Ltd, Barclays PLC, Facebook Inc, Idenix Pharmaceuticals Inc, VIVUS Inc and Knight Capital Group Inc are among the companies whose shares are moving in pre-market trading Friday.
- The widely successful camera app Instagram has just received a new update that will incorporate location-based tags. The function, known as Photo Mapping, has rolled out to both Android and iOS-based iterations of the app.
- The current environment for investors is perhaps one of the most confusing that many have ever encountered. Unpredictable markets now appear to take no clue whatsoever from underlying economic data, and maxims long cherished by traditional money managers are being abandoned in favor of seemingly illogical choices. We are in a world in which apparently intelligent investors are willing to pay a premium for 10 year Treasury bonds that are almost certain to lose real value if held to maturity. Wh...