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Facebook won't friend Wall Street late next year by launching its anticipated blockbuster IPO, according to a report. Expected to be one of the largest IPO's in U.S. history, if not the largest, considering recent share share sales of Facebook's private stock have valued the company at more than $60 billion. The world's largest social network, which made friend a household word in terms of Web connectivity, has a reported 750 million global users or more.

In an attempt to beat Google+ Circles and stay on top of everything in the social network market, Facebook on Tuesday debuted Smart Lists - an improved friend lists with which users can customize their lists of friends, define privacy settings and filter the news feed.

On Wednesday, Facebook unveiled smart lists, an new, optional feature where lists are customizable, the same day the company's representatives met with D.C. lawmakers to address a privacy issue alarming a number of members of the U.S. Congress - children's online safety.

A new Sarah Palin book claims that the former Alaska governor had sex with former NBA player Glen Rice, while she was an Alaskan sports reporter.

New York-based Turntable.fm has launched its free iOS application as digital music competition is gaining momentum each day.

Intel Corp. is putting significant weight behind ultra-slim Ultrabook in the Intel Developer Forum, which would be a threat to Apple Inc.'s iPad and MacBook Air.

The top U.S. securities regulator has formed an advisory panel of fast-growing companies and venture capital funds as it reviews whether it needs to update rules on how private companies can access public investors.

Al Gore is renewing his campaign to convince sceptics of the link between climate change and extreme weather events by means of a global multimedia event.

Facebook has introduced a feature through which users can separate their friends into different groups.

Former U.S. Vice President, Al Gore, will undertake a 24-hour global multimedia event to convince deniers of humans' role in climate change, the link between climate change and extreme weather events and to drive action against global warming among the public.

Add Ciena to the list of undervalued companies that have attracted activist investors. MIPS Technologies, Openwave Systems, Yahoo, Research in Motion and maybe Motorola Solutions to the ranks of endangered companies.

Fans of Italian designer Missoni flocked to Target stores on Tuesday and burdened the retailer's Web site in order to get their hands on some of the unique items.

San Francisco arts officials are embracing what they say is a digital-age solution to the decades-old problem of graffiti: An iPhone application that allows virtual tagging instead of the real thing.

Could Facebook buy Yahoo, effectively killing two birds with one stone? That's a scenario suggested by Reuters financial blog Breakingviews, and it is not out of the question.

Animal Planking is picturing animals that are lying down or resting and is similar to planking or the lying down game. It refers to mimicking a wooden plank.

Al Gore is renewing his campaign to convince sceptics of the link between climate change and extreme weather events by means of a global multimedia event.

Climate change advocate and former Vice President, Al Gore, will undertake a 24-hour global multimedia event to convince the climate change deniers of humans' role in climate change, the link between climate change and extreme weather events and to drive action against global warming among the public.

Nielsen survey shows that Americans spend most of their social networking time on Facebook.

Starting on Wednesday, The Climate Reality Project will broadcast a new 24-hour global multimedia presentation on the link between global warming and extreme weather events.

Facebook co-founder Chris Hughes said a move by North Carolina lawmakers to prohibit gay marriage is bad for business.

Many New Yorkers are critical of the 9/11 Anniversary events and media coverage

Top 40 Compiled iOS 5 Features Expected To Power iPhone 5 And iPad 2

Flash mobs: from the Haka Mob to the Arab Spring, using social media to stage large events is a 21st century phenomenon that is not going anywhere. This trend is especially true in the United States, where recent flash mobs in Washington, D.C., Pennsylvania, Ohio, Illinois, Wisconsin and Iowa have turned violence and angry.

Fast-paced cartoons such as SpongeBob may be damaging your children's brain power, according to a new study.It finds that watching television not only has negative effect on executive function of kids over the long term, but also exercises immediate impact.

For people who have stood at a monument or scanned a landscape -- the Great Wall of China, for instance, or the U.S. Grand Canyon -- and wondered how it looked 100 or more years ago, there is now an app for you.

The tablet, as per its official Web site, “offers unrivalled portability and matches it with the ultimate high performance, taking your mobile experience to the next level.”

Here is the list of the top 20 iOS universal free apps that heads the iTunes Chart for September 12, 2011.

Former Spartacus star, Andy Whitfield, died on Sept.11 in Sydney after fighting a losing battle with cancer.

Welsh actor, Andy Whitfield, lost his fight with non-Hodgkin Lymphoma and died on Sunday in Sydney, Australia.