Tag Archives: united states
Facebook Sets IPO Share Price at $38
Facebook finally set a price for its IPO today: stock in the world’s largest social network will run $38 per share. That means the IPO will raise roughly $16 billion in funding, making it the largest IPO in tech history and the third largest in the history of the United States.
Facebook is still waiting on the Securities and Exchange Commission for formal approval but it looks like the company is otherwise on the verge of going public.
I’m calling it right now: this is going to prove disastrous within two years.
The Embarrassing Earpiece
This is one of the best political cartoons that I’ve seen in a long while.
In related news, heads started rolling at the Secret Service - and the hooker who caused the whole fiasco has been identified as a 24 year old who goes by “Dania”. She actually spoke to the New York Times about the incident, claiming an agent tried to pay her a mere $30.
Dick Cheney Receives Heart Transplant
Dick Cheney, the former United States V.P. who helped George Bush launch not one but two horrible wars in the Middle East is (sadly) in recovery tonight after a heart transplant at a Virginia hospital earlier today.
Cheney, 71, has battled with heart disease for decades. He’s had five heart attacks, the most recent of which was back in 2010.
I really hope the devil has a pineapple waiting for this motherfucker. He certainly deserves it.
Apple to Announce Plans For $100,000,000,000 Reserve
Tomorrow morning at 9:00 a.m. EST, Apple CEO Tim Cook and CFO Peter Oppenheimer will hold a conference call to unveil the outcome of the company’s internal debate over what to do with its $100 billion in cash. As the wealthiest company in the world, this announcement is sure to have huge financial implications for the United States stock market – good or bad.
ISPs to Police Downloads On Behalf of RIAA
If you use AT&T, Cablevision, Comcast, Time Warner Cable, or Verizon for your Internet service, you should know that you could be facing penalties up to and including suspension of access to the web for downloading music illegally starting sometime in the very near future.
The move is part of a SOPA-esque deal between the RIAA and some of the top broadband Internet providers in the United States. The agreement was actually made last June but it’s taken time for ISPs to prepare for their new role as “big brother”.
So much for freedom and privacy, eh?





