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  • FILE - This Oct. 15, 2011 file photo, shows Facebook CEO Mark Zuckerberg smiling during a meeting in San Francisco. Will Facebook list its stock on the New York Stock Exchange or the Nasdaq? It comes down to "where Mark Zuckerberg wants to get his picture taken," the founder of one market research company says.

    After IPO, Facebook will face new profit pressures

    For all the huge numbers in Facebook's IPO papers, a surprisingly small figure stands out: $4.39, the amount the site generated per user last year. Photo Gallery Available

  • In this photo taken Tuesday, Jan. 31, 2012, children at the Ngong Primary School where orphans from the Faraja Children's Home go to school, play in the yard of their school in Ngong, near Nairobi, in Kenya.

    Attack on Kenya orphanage yields $80k in donations

    Anthony Omari earned the still-fresh 11-stitch scar that runs from his forehead to his upper lip in one of the noblest ways imaginable: By taking a machete to the face while defending an under-resourced Kenyan orphanage from attacking thieves. Photo Gallery Available

  • This Dec. 13, 2011 file photo, shows workers inside Facebook headquarters in Menlo Park, Calif.Facebook, the social network that changed "friend" from a noun to a verb, is expected to file as early as Wednesday to sell stock on the open market. Its debut is likely to be the most talked-about initial public offering since Google in 2004.

    Calif. lawmakers cheer Facebook IPO, see windfall

    Gov. Jerry Brown's administration and state lawmakers on Wednesday hailed Facebook's much-anticipated plans for a public stock offering as a potential windfall for California's cash-strapped treasury, while some already say the extra revenue should go to preventing cutbacks to public schools. Photo Gallery Available

  • FILE - In this Oct. 28, 2010 file photo, Ariana Huffington arrives at the "Huffington Post 2010 Game Changers Event," in New York. AOL's Huffington Post Media Group announced Thursday that it will launch the Huffington Post Streaming Network this summer. The online network will stream live news video from New York and Los Angeles studios for 12 hours on weekdays and expand next year to 16 hours Monday through Friday. The Huffington Post is dedicating 100 employees to the project.

    AOL's Huff Post to launch live streaming network

    AOL and the Huffington Post are launching a live video network that aims to combine broadcast news with social media.

  • In this undated photo provided by Sandia National Laboratories, a time exposure, a light-emitting diode, or LED, attached to a self-guided bullet at Sandia National Laboratories shows a bright path during a nighttime field test. The New Mexico-based Sandia National Laboratories announced Tuesday Jan. 31, 2012 that its engineers have invented a bullet that directs itself to a target like a tiny guided missile and can hit a target more than a mile away. According to Sandia Labs engineers, the bullet twists and turns to guide itself toward a laser-directed point. Officials say it can make up to thirty corrections per second while in the air. 

    Sandia Labs engineers create 'self-guided' bullet

    Figuring out how to pack a processor and other sophisticated equipment into a machine gun bullet has been a challenge, but engineers at Sandia National Laboratories say the miniature guidance system they've developed is a breakthrough.

  • In this undated photo provided by Sandia National Laboratories, a time exposure, a light-emitting diode, or LED, attached to a self-guided bullet at Sandia National Laboratories shows a bright path during a nighttime field test. The New Mexico-based Sandia National Laboratories announced Tuesday Jan. 31, 2012 that its engineers have invented a bullet that directs itself to a target like a tiny guided missile and can hit a target more than a mile away. According to Sandia Labs engineers, the bullet twists and turns to guide itself toward a laser-directed point. Officials say it can make up to thirty corrections per second while in the air. 

    Sandia Labs engineers create 'self-guided' bullet

    Figuring out how to pack a processor and other electronics into a machine gun bullet has been a challenge for engineers at Sandia National Laboratories, so weapons experts say the miniature guidance system the lab has developed is a breakthrough.

  • FILE - In this Nov. 19, 2009 file photo, Sony Corp. CEO Howard Stringer, left, and Executive Deputy President Kazuo Hirai smile as they show off the company's latest products, e-book "Reader," and a new remote controller for PlayStation 3, respectively, during a press conference in Tokyo. Sony announced on Wednesday Feb. 1, 2012 Kazuo Hirai will replace Howard Stringer as president and chief executive officer effective April 1.

    Hit by yen, Thai floods, Sony sees wider net loss

    Hammered by weak TV sales, a strong yen and production disruptions from flooding in Thailand, Sony Corp. on Thursday reported a net loss of 159 billion yen ($2.1 billion) for the October-December quarter and more than doubled its projected loss for the full fiscal year. Photo Gallery Available

  • Facebook filing lifts Zynga, other recent IPOs

    Facebook's long-awaited IPO filing lifted the stocks of many Internet companies, including recent laggards Zynga and Groupon. But analysts said the halo effect may fade, because some companies basking in Facebook's glow just aren't as financially sound as the world's largest social network.

  • Pedestrians pass Viacom headquarters, Wednesday, Feb. 1, 2012 in New York. Viacom posted a 65 percent drop in net income for the latest quarter, as it took a charge related to the “Rock Band” series of video games.

    Viacom 1Q earnings shredded by 'Rock Band'

    Viacom Inc., the owner of Paramount Pictures, MTV and Comedy Central, on Thursday posted a 65 percent drop in net income for the latest quarter, as it took a charge related to the "Rock Band" series of video games.

  • FILE - In this May, 26, 2010 file photo, Facebook CEO Mark Zuckerberg talks about the social network site's new privacy settings in Palo Alto, Calif. Zuckerberg turns up at business conventions in a hoodie. “Cocky” is the word used to describe him most often, after “billionaire.” He was Time's person of the year at 26. So when he takes Facebook public, why would he follow the Wall Street rules? The company is expected to file as early as Wednesday, Feb. 1, 2012 to sell stock on the open market in what will be the most talked-about initial public offering since Google in 2004, maybe since the go-go 1990s. Around the nation, regular investors and IPO watchers are anticipating some kind of twist - perhaps a provision for the 800 million users of Facebook, a company that promotes itself as all about personal connections, to get in on the action.

    Status update: Facebook to go public, raise $5B

    Facebook is friending Wall Street: The Internet social network is going public in a stock offering that could value it at up to $100 billion, eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard. Video Available Photo Gallery Available

  • Ukraine shuts down leading file-sharing site

    Ukrainian authorities have shut down a popular file-sharing website saying it violates copyright laws, officials said Wednesday.

  • This Dec. 13, 2011 file photo, shows workers inside Facebook headquarters in Menlo Park, Calif.Facebook, the social network that changed "friend" from a noun to a verb, is expected to file as early as Wednesday to sell stock on the open market. Its debut is likely to be the most talked-about initial public offering since Google in 2004.

    All-time top 10 IPOs for Internet companies

    Facebook is hoping to raise $5 billion in an initial public offering of stock. It would be the largest IPO ever for an Internet company. Here are the top 10 so far, according to Renaissance Capital, an IPO investment adviser:

  • Lawyers in NY Facebook suit spar over fee amount

    Lawyers for Facebook are looking for $84,000 in legal fees from a New York man after a judge ruled he caused delays in his lawsuit seeking part ownership in the social networking site.

  • FILE - This Dec. 13, 2011 file photo shows a sign at Facebook headquarters in Menlo Park, Calif. Facebook, the social network that changed "friend" from a noun to a verb, is expected to file as early as Wednesday, Feb. 1, 2012, to sell stock on the open market. Its debut is likely to be the most talked-about initial public offering since Google in 2004.

    Summary Box: Facebook to go public, raise $5B

    GOING PUBLIC: Facebook files paperwork for its much-anticipated initial public offering of stock. It hopes to raise $5 billion, the most ever for an Internet IPO. Photo Gallery Available

  • FILE - In this Nov. 16, 2010 file photo, Facebook CEO Mark Zuckerberg smiles as he speaks at the Web 2.0 Summit in San Francisco. Facebook, the social network that changed "friend" from a noun to a verb, is expected to file as early as Wednesday to sell stock on the open market. Its debut is likely to be the most talked-about initial public offering since Google in 2004.

    Road to IPO: Milestones in Facebook's history

    Some key developments in the eight years since Facebook's creation:

  • Malaysia grants license to Aussie rare earth plant

    Malaysia on Wednesday granted a license for an Australian mining company to operate the first rare earths plant outside China in years, despite public protests over fears of radioactive contamination.

  • FILE - This Dec. 13, 2011 file photo shows a sign at Facebook headquarters in Menlo Park, Calif. Facebook, the social network that changed "friend" from a noun to a verb, is expected to file as early as Wednesday, Feb. 1, 2012, to sell stock on the open market. Its debut is likely to be the most talked-about initial public offering since Google in 2004.

    Facebook's new stock ticker: Why not LIKE or POKE?

    FB? That's the best they could do? Photo Gallery Available

  • Hackers attack Brazil's largest state-run bank

    A group of Internet hackers said Wednesday it took down the website of the Banco do Brasil, Brazil's largest state-run bank. It's the third such attack against financial institutions in a week.

  • Microsoft cuts about 200 marketing employees

    Microsoft Corp. said it laid off some of its marketing staff on Wednesday as part of an effort to restructure its operations.

  • Barnes & Noble says it won't stock Amazon titles

    Barnes & Noble is attempting to irk its publishing rival Amazon.com Inc. by not stocking Amazon published titles in its stores.

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