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LinkedIn's $45 IPO stock value overpriced?

With business networking site LinkedIn going public on May 19, investors have claimed that the company's plan to sell in the range of $43 - $45 per share is overpriced.
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Endeavour: First Day In Orbit

Endeavour spends its first day in orbit performing a standard scan of the space shuttle's thermal protection system using the Orbiter Boom Sensor System.
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Facebook lobbied to kill network privacy: report

Facebook has spent more than $6,600 lobbying California state officials to negate the Social Networking Privacy Act which will impose penalty on social networking sites for displaying personal details of children under 18.

Least Reputable Companies in US (PHOTOS)

Insurance conglomerate AIG had been named the least reputable company in the United States by the annual Reputation Report from market researcher Harris Interactive.

Top 10 Most Reputable Companies in US

Software giant Google is the most reputable company in the United States, according to the annual ‘Reputation Report’ from market researcher Harris Interactive.
 Toyota Motors India to resume normal production

Toyota to resume normal production in India

Toyota Kirloskar Motor Pvt. Ltd said that it will resume normal production from May 20, a fortnight ahead of schedule after the troubled car maker had decided to cut its production by 70 percent in the wake of parts shortage arising out of the March 11 earthquake and tsunami in Japan, the company said in a statement today.

Apple retail stores to launch top secret 10th anniversary bash

It has been 10 years since Apple opened its two retail stores on May 19, 2001. There are big expectations on how the world's most valuable brand will celebrate this coming weekend's bash, possibly introducing a new product or revamping the store displays including storefront design that showcases their iPad 2 and MacBook Airs. Planning for the event is top secret thus far, involving restricted electronic communication among staff, password encrypted data, and black curtains.
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LimeWire, RIAA settle copyright dispute for only $105 mln

LimeWire, a major peer-to-peer (P2P) company that was accused by the Recording Industry Association of America (RIAA) of being a platform for illegal music transfers, has been let off lightly as it settled the dispute at $105 million, far short of $1.4 billion that was first sought by the plaintiffs.

World’s 10 Fastest Growing Brands

Facebook became the world's fastest growing brand in the Brandz Top 100 ranking, published by Millward Brown. With its brand valued at $19.1 billion, Facebook also entered in to the top 100 most valuable global brands in 2011 at number 35. It is also the first time the Facebook has appeared at all in Milward Brown's ranking, now in its sixth year.
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Bed Bugs Epidemic In The U.S. Is Exploding

There is a full blown bed bug epidemic happening all across America and it just seems to get worse with each passing year. For cities such as New York and Philadelphia which are at the epicenter of the outbreak, bed bugs have become an important political issue.

PlayStation Network Down, Xbox 360 Up: Sony's Loss is Microsoft's Gain

The Sony PlayStation Network (PSN) outage has angered and frustrated Sony fans into rushing to retail stores and trading in their PlayStation3 (PS3) consoles for rival Microsoft Xbox 360 systems. Reports from retail stores indicated that more customers have been trading in their entire PlayStation3 set including both console and games for the Xbox 360, mostly for Call of Duty online gamers.

The rise and growth of Skype: A Baltic success saga

Microsoft CEO Steve Ballmer and Skype CEO Tony Bates jointly announced on Tuesday that the two companies have entered into a deal under which Microsoft will acquire Skype for $8.5 billion. Apart from creating value and emerging as a strategically important player in the voice and chat connectivity segment of the exploding web business, Skype also won real big time suitors like Microsoft, Google and Facebook. Perhaps the rivals' attempt to outbid each other and own Skype resulted in the Estoni...

Sony Announce PlayStation Network Fix to Complete in “A Few More Days”

After three weeks of the PlayStation Network outage, which was caused by hackers last month, Sony has announced that it will take a few more days until the service is restored. The company plans to test the system's strength fully before restoring the online network which offers gaming, streaming movies, and other services.

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