Tumblr wants a team of journalists to report the latest and greatest happening on its microblogging platform. The NYC-based website made its first major move in that direction by hiring Chris Mohney on Thursday, to serve as the site's editor-in-chief.
Having filed for its initial public offering (IPO) on Wednesday, Facebook has the potential to debut on the New York Stock Exchange (NYSE) with one of the largest IPOs ever. Check out this slideshow to see which were the largest IPOs in U.S. history.
With all the talk surrounding the Facebook IPO, besides Mark Zuckerberg, one other name stands out: Sheryl Sandberg. Sandberg is the company's chief operating officer and with the approximately $31 million she made last year, she is the highest-paid employee at the social networking site. Sandberg is a married mother of two who has an excellent academic track record.
New Hewlett-Packard CEO Meg Whitman, who takes a $1 annual salary, got stock options that could be valued as high as $16.1 million, the company’s proxy filing said.
The deal will give the new company a 22 percent share of the mobile telephone market with over 2.8 million customers and more than €700 million ($920 million) in combined revenue for 2011.
The cause of the pipeline rupture is still under investigation. The pipeline connected a well head on the ocean floor to a floating platform, which was conducting a well test when the rupture took place. The well's safety mechanisms responded appropriately and the well was closed off automatically.
Perhaps it is only a coincidence, but the drop in violent crime has roughly occurred concurrently with a spike in obesity.
Apple is expected to launch the flagship model in its iPhone range - popularly called the iPhone 5 - in June. The device, however, will face tough competition from RIM - the makers of the BlackBerry - and its best bet, the BlackBerry London.
If you have been expecting something fresh and extraordinary from GoDaddy after the SOPA backlash, you are in for a disappointment.
Samsung Galaxy Note, known as the first hybrid of smartphone and tablet, will hit the U.S. market on Feb. 17. The shape, size and features of the phone have already generated a great amount of interest among smartphone enthusiasts. But conquering the market will not be that easy for the Samsung hybrid as Nokia is also set to launch its flagship Windows phone - the Lumia 900 handset. Let us take a look at the specifications of the Nokia Lumia 900 and compare them to the Samsung Galaxy Note.
As with most companies going public, Facebook's IPO filing Wednesday brought to light the company's financials and other astonishing revelations that could either make or break the multi-billion dollar business.
Thanks to its record breaking quarter of shipments, Apple has jumped into the third spot in the list of the world's top five mobile phone manufacturers, following Nokia and Samsung.
More than 45 auto manufacturers are expected to be competing globally in the electric vehicle market with approximately 75 models by 2015, according to a study from IHS Automotive Supplier Business. Depending on the strength of the global recovery of automotive markets and the speed with which the electric vehicle (EV) models are marketed and the supporting infrastructure, cumulative sales are expected to total 700,000 to 1 million.
It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.
Sheryl Sandberg is the company's chief operating officer and the highest-paid employee at the social networking site, raking in a jaw-dropping $30.87 million last year.
Solar power company SolarCity is expected to debut on U.S. markets in the third quarter this year and has hired Goldman Sachs to underwrite its initial public offering, a source close to the company said on Thursday.
Google Inc has been quietly policing its online store for months now in an acknowledgement of malware's growing threat to its increasingly popular Android mobile software.
The United States indicted Wegelin, the oldest Swiss private bank, on charges that it enabled wealthy Americans to evade taxes on at least $1.2 billion hidden in offshore bank accounts, the U.S. Justice Department said on Thursday.
Martha Stewart Living Omnimedia's contract with Macy's to exclusively sell certain products has a loophole that will let the company sell in J.C. Penney Co stores, according to the home-goods company.
THQ Inc's cut its annual earnings forecast on Thursday and told investors it would become a much smaller video game company with half the volume of sales next year.
Despite the determination of President Obama to take Wall Street to court for the financial crisis, prosecutors face an uphill struggle to win more convictions like the two they scored on Wednesday against former Credit Suisse Group AG mortgage traders.
Both Apple and Samsung will be at the Mobile World Congress in late February, but it now looks like neither the iPhone 5 nor the Galaxy S3 will be debuting at the annual event.
Take-Two Interactive's third-quarter revenue missed Wall Street expectations after the video game maker sold fewer copies of its basketball video game, NBA 2K12, than expected.
The hype over Facebook's initial public offering has excited investors revisiting other social media companies, even though most of those stocks have plunged since the fanfare of their own IPOs.
As companies such as Netflix and Amazon increasingly set their sights on their online streaming business, competitor Redbox has what some analysts believe is a serious problem: no streaming service.
Shares of Green Mountain Coffee Roasters (NASDAQ: GMCR) soared on Thursday, up 24 percent as K-Cup portion packs sales more than doubled in the latest quarter.
Small business ideas for women at home are driven by two realities.
Groupon Inc shares jumped to their highest level of 2012 Thursday as the daily deal company got a boost from social networking euphoria sparked by Facebook's IPO filing.
Venture capital firms are now placing more and bigger bets on Chinese internet companies, making China the second-largest recipient of venture capital financing in terms of deal volume for the first time in 2011.
Coinstar is expected to report net profit of $20.93 million, or 65 cents a share, down 7.1 percent from $22.42 million,or 68 cents a share in the year earlier period..
