Apple CEO Cook gives up $75M in stock dividends

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• Apple CEO Cook gives up $75M in stock dividends
• Is this the world’s most epic marriage proposal?
• What the Friday: Good luck eating this 18,239-pound chocolate Mayan pyramid
• 'Dear Photograph' Turns 1, Spawns Book, Prepares for App Launch
• Yahoo kills 'Livestand' just 6 months after debut
• Dragon makes history with space station docking
• GameFly looking to launch Android app store, publish mobile games
• Dell’s first Windows 8 tablet revealed
• Sony confirms Xperia Play will remain on Gingerbread due to gaming issues
• PayPal inks mobile payment deal with 15 retailers
• New telescope to be in South Africa, Australia
• DigitalGlobe, GeoEye jump on nod for imagery funding
• SEC eyes Nasdaq compliance in Facebook debacle
• Facebook hit with another class action suit, this time over IPO debacle
• Fallout from New Orleans Times-Picayune Announcement of Downsizing
• Startup Partners With Top Designers, Celebrities on High-End Capsule Collections
• Solar-Powered Plane Making Longest Journey Yet
• Apple owns 74% of smartphone web traffic, 95% of tablet traffic
• 'Dear Photograph' Turns 1, Spawns Book, Prepares for App Launch
• Facebook ripple on IPO market already felt
• Facebook's Camera App Puts Some Fun Back into the Game
• Yahoo kills 'Livestand' just 6 months after debut
• New Computer Algorithm Knows Your Phony Smile [VIDEO]
• Dell-Quest deal possible over weekend: sources
• Geeks Are Still Being Bullied By Dictionaries
• Facebook's market maker losses may top $115 million: sources
• Facebook IPO glitch prompts margin calls, headaches
• Are You Game for Tetris: The Movie? [VIDEO]
• Prices of Facebook stock since long-awaited IPO
• HP’s webOS team may join Google
• Dragon makes history with space station docking
• 10 Ways to Bootstrap Your Startup Office Decor
• UBS lost $30 million on Facebook IPO fiasco: source
• Texting and Walking: 65% of You Do it
• Feeding frenzy for lawyers in botched Facebook IPO

Apple CEO Cook gives up $75M in stock dividends Posted: 25 May 2012 10:06 AM PDT Apple CEO Tim Cook is giving up $75 million in dividends on restricted stock that the company is awarding to all of its employees.

Is this the world’s most epic marriage proposal? Posted: 25 May 2012 03:53 PM PDT Now we've seen our share of geeky marriage proposals in our day, but Isaac Lamb's insanely epic live lip-dub proposal may just be the most epically awesome "she said yes!" story of them all. The Portland actor had his brother sit girlfriend Amy … Continue reading →

What the Friday: Good luck eating this 18,239-pound chocolate Mayan pyramid Posted: 25 May 2012 03:48 PM PDT We can't get enough of chocolate. Not only does it taste heavenly, it also makes great dresses, vinyls, and apparently, even pyramids. Chocolate and pastry distributor, Qzina Specialty Foods, celebrated its 30th year anniversary this 2012 by building the largest chocolate sculpture … Continue reading →

'Dear Photograph' Turns 1, Spawns Book, Prepares for App Launch Posted: 25 May 2012 03:13 PM PDT Surreal. Humbling. Grateful. One year after unleashing Dear Photograph, a blog showcasing photos within photos, Taylor Jones describes his emotions with those three words when looking back on the viral success of his nostalgic idea.

Yahoo kills 'Livestand' just 6 months after debut Posted: 25 May 2012 02:40 PM PDT Yahoo has killed Livestand, a tablet magazine, just six months after its debut on the iPad.

Dragon makes history with space station docking Posted: 25 May 2012 01:38 PM PDT The private company SpaceX made history Friday with the docking of its Dragon capsule to the International Space Station, the most impressive feat yet in turning routine spaceflight over to the commercial sector.

GameFly looking to launch Android app store, publish mobile games Posted: 25 May 2012 12:03 PM PDT Get ready for another entry into the crowded mobile game market, this time from a somewhat unlikely source. GameFly, the U.S. rental outfit, wants to sell you Android games.

Dell’s first Windows 8 tablet revealed Posted: 25 May 2012 08:15 PM PDT After a number of failed attempts in the Android tablet market, Dell is looking to readdress the tablet space with Windows 8. According to a leaked document obtained by Neowin, Dell will launch a 10.8-inch tablet with 1,366 x 768-pixel resolution and a dual-core Atom processor later this year. The slate will also be equipped with a fingerprint reader, an 8-megapixel rear camera, a 2-megapixel front-facing camera, Intel graphics, 2GB of RAM and a massive 128GB solid-state drive. Unlike many other tablets, Dell has included a removable battery that will come in two sizes. A smaller battery will get between six and eight hours of battery life, while a larger one will offer between 10 and 12 hours of usage

Sony confirms Xperia Play will remain on Gingerbread due to gaming issues Posted: 25 May 2012 07:00 PM PDT Sony Mobile on Friday confirmed that it no longer plans to update its Xperia Play smartphone to Android 4.0 Ice Cream Sandwich due to compatibility issues with the device's gaming features, Phone Scoop reported. "Ice Cream Sandwich demands more from the phone hardware than Gingerbread," a Sony spokesperson said. "Android 4.0 is a more powerful OS and thus, more resource intensive – applications require more RAM, CPU power, and network bandwidth. From internal testing and feedback from the developer community on the beta ROM software release, we have seen a significant decline in user experience when running high performance games, as they are more demanding on the hardware. As gaming content is so integral to the core Xperia Play proposition, we cannot

PayPal inks mobile payment deal with 15 retailers Posted: 25 May 2012 05:45 PM PDT PayPal earlier this year announced a partnership with The Home Depot that allowed customers to make point-of-sale transactions with their smartphones in more than 2,000 locations. The e-commerce company on Thursday announced that 15 new national retailers have signed on for PayPal's in-store mobile payment service. These include, Abercrombie & Fitch, Advance Auto Parts, Aeropostale, American Eagle Outfitters, Barnes & Noble, Foot Locker, Guitar Center, Jamba Juice, JC Penney, Jos. A. Bank Clothiers, Nine West, Office Depot, Rooms To Go, Tiger Direct and Toys"R"Us. "We can't wait to launch with these great retailers, and help them serve their customers better through PayPal," PayPal president David Marcus said. "Consumers are relying on technology now more than ever to simplify their lives when it comes

New telescope to be in South Africa, Australia Posted: 25 May 2012 05:19 PM PDT Australia and South Africa will share hosting of a giant radio telescope made up of thousands of separate dishes and intended to help scientists figure out the make-up of the universe, the international consortium overseeing the project announced Friday.

DigitalGlobe, GeoEye jump on nod for imagery funding Posted: 25 May 2012 05:03 PM PDT WASHINGTON (Reuters) - DigitalGlobe Inc and GeoEye Inc on Friday welcomed a decision by the Senate Armed Services Committee to authorize continued funding for commercial imagery purchases, a move that sent the two companies' shares sharply higher. Shares of DigitalGlobe rose as much as 10 pct while those of GeoEye jumped 9 percent in response to the first positive news for the sector in quite a while. Both DigitalGlobe and GeoEye provide digital imagery services to U.S. military and intelligence agencies and are working on next-generation satellites to double their capacity. ...

SEC eyes Nasdaq compliance in Facebook debacle Posted: 25 May 2012 04:33 PM PDT WASHINGTON (Reuters) - Securities regulators are looking into whether Nasdaq violated any technical exchange rules when it botched Facebook Inc's market debut last week, according to people familiar with the matter. The review of potential technical violations is part of the Securities and Exchange Commission's broader look at how Nasdaq handled its part of the initial public offering, including its decision to proceed with trading despite glitches, these people said. The SEC is also reviewing Nasdaq's communications with market participants, one of those people added. ...

Facebook hit with another class action suit, this time over IPO debacle Posted: 25 May 2012 04:30 PM PDT Pennsylvania-based law firm Kessler Topaz Meltzer & Check, LLP on Friday filed a class action lawsuit against Facebook regarding the handling of its initial public offering, which was made on March 18th. On the day of its IPO, the company was hit with a privacy-related class action lawsuit seeking $15 billion in damages. This new complaint, which was filed in the United States District Court for the Southern District of New York, charges Facebook and multiple officers, directors and underwriters with violating the Securities Act of 1933 by failing to disclose or disregarding material adverse facts that were known to them. "The Complaint asserts that defendants failed to disclose at the time of the IPO that Facebook was then experiencing a severe and pronounced

Fallout from New Orleans Times-Picayune Announcement of Downsizing Posted: 25 May 2012 03:54 PM PDT Without a doubt, the Times-Picayune newspaper played a vital role in gathering and dissemination of news and information in Louisiana following Hurricane Katrina. The Pulitzer Prize-winning paper has served the New Orleans community for the past 175 years.

Startup Partners With Top Designers, Celebrities on High-End Capsule Collections Posted: 25 May 2012 03:33 PM PDT The Spark of Genius Series highlights a unique feature of startups and is made possible by Microsoft BizSpark. If you would like to have your startup considered for inclusion, please see the details here.

Solar-Powered Plane Making Longest Journey Yet Posted: 25 May 2012 03:33 PM PDT An experimental Swiss airplane has made the first leg of journey from its home base to Madrid, Spain. The Solar Impulse made the layover in Madrid en route to Morocco attempting to make its longest flight ever powered only by solar energy. AFP reports the unusual plane took off after a two-hour delay due to fog and landed at a busy Spanish airport.

Apple owns 74% of smartphone web traffic, 95% of tablet traffic Posted: 25 May 2012 03:15 PM PDT According to a new report from online advertising network Chitika, smartphones and tablets now account for 20% of all Web traffic in the U.S. and Canada. Traditional PCs accounted for 80% of Web traffic, with smartphone traffic totaling 14.6% and tablets making up 5.6%, AllThingD reported. Chitika found that a whopping 95% of tablet Web traffic came from a version of Apple's iPad, mainly the newest iPad, and 72% of smartphone traffic also belongs to Apple, compared to 26% for Android devices. The Cupertino-based company didn't fare as well on the desktop side, which saw 85% of Web traffic from Windows machines compared to 13% from Macs. The report also noted that Windows Phone now accounts for a third as much

'Dear Photograph' Turns 1, Spawns Book, Prepares for App Launch Posted: 25 May 2012 03:13 PM PDT Surreal. Humbling. Grateful. One year after unleashing Dear Photograph, a blog showcasing photos within photos, Taylor Jones describes his emotions with those three words when looking back on the viral success of his nostalgic idea.

Facebook ripple on IPO market already felt Posted: 25 May 2012 03:02 PM PDT (Reuters) - The ripple effects of Facebook Inc's botched IPO appear to already be hitting the market for initial public offerings as two companies this week pushed back their market debuts. PC hardware components maker Corsair Components Inc postponed its $78 million IPO citing market conditions, as did laser hair removal products maker Tria Beauty Inc,which intended to raise $64 million. The delays may be just the first of many, say market observers, as volatile equity markets and fallout from the Facebook debacle create a challenging climate for new offerings. ...

Facebook's Camera App Puts Some Fun Back into the Game Posted: 25 May 2012 02:43 PM PDT COMMENTARY | With all the hoopla surround the billions of dollars floating around the Facebook IPO, it is easy to forget about what made the social network so popular in the first place -- it was fun.

Yahoo kills 'Livestand' just 6 months after debut Posted: 25 May 2012 02:40 PM PDT Yahoo has killed Livestand, a tablet magazine, just six months after its debut on the iPad.

New Computer Algorithm Knows Your Phony Smile [VIDEO] Posted: 25 May 2012 02:26 PM PDT Have you ever wondered how genuine that smile really is?

Dell-Quest deal possible over weekend: sources Posted: 25 May 2012 02:26 PM PDT NEW YORK/SAN FRANCISCO (Reuters) - Dell Inc is expected to reach an agreement to buy network security software maker Quest Software Inc as soon as this weekend after a previous deal fell apart, several people familiar with the matter said. Dell is planning to offer between $23 and $26 per share to buy the enterprise systems management software maker, two sources told Reuters on condition of anonymity because the discussions were not public. The previous deal fell apart after investors sent Dell's shares down 17 percent on Wednesday when the company reported a disappointing revenue forecast. ...

Geeks Are Still Being Bullied By Dictionaries Posted: 25 May 2012 02:21 PM PDT Just in time for Geek Pride day, some folks on the Internet have started to get a little defensive over the term "geek," as they should, since lots of official language arbiters still consider it a derogatory term.

Facebook's market maker losses may top $115 million: sources Posted: 25 May 2012 02:12 PM PDT NEW YORK (Reuters) - Four of Wall Street's major market makers involved in Facebook's botched initial public offering last Friday expect their losses from technical glitches on Nasdaq's exchange to be around $115 million. A software error on Nasdaq OMX Group Inc's U.S. exchange delayed the social networking company's market debut by 30 minutes last Friday. Many client orders were delayed, leading to significant losses to some investors and traders as the stock price dropped. The exchange operator is facing lawsuits from investors and threats of legal action from brokers. ...

Facebook IPO glitch prompts margin calls, headaches Posted: 25 May 2012 02:09 PM PDT BOSTON (Reuters) - Just hours before Facebook Inc made its stock market debut last Friday, Seuk Kim put in a limit order $4 above the initial public offering price. "I thought it was going to have that first day pop," Kim said. "I didn't think anyone would get in at the $38 IPO price." Limit orders give investors a measure of protection because the stock is eligible to be purchased at or below the designated limit price, but never above it. The frenzy around Facebook had investors guessing they had to put in limit orders far above the $38 IPO price in order to get in on the action. ...

Are You Game for Tetris: The Movie? [VIDEO] Posted: 25 May 2012 02:04 PM PDT They made a movie out of Battleship, right? So why not Tetris?

Prices of Facebook stock since long-awaited IPO Posted: 25 May 2012 02:03 PM PDT Facebook Inc. began trading publicly last Friday following one of the most anticipated stock offerings in history. The initial public offering of stock priced at $38 a day earlier. That was at the top of a projected range that Facebook had already boosted just days earlier.

HP’s webOS team may join Google Posted: 25 May 2012 02:00 PM PDT HP's open source webOS team, known as Enyo, will reportedly be leaving the company and joining Google, according to The Verge. The computer giant in December announced its failed webOS mobile operating system would move to an open-source model under the name Enyo, with version 1.0 slated for release in September 2012. The website's sources claim the entire Enyo team will not be headed for Google, but Matt McNulty, the head of the project, will be among those departing. This wouldn't be the first time the Internet giant has hired former webOS workers; Android's current design chief Matias Duarte oversaw the creation of the user interface for the operating system while working at Palm. It is unclear if the Enyo team

Dragon makes history with space station docking Posted: 25 May 2012 01:38 PM PDT The private company SpaceX made history Friday with the docking of its Dragon capsule to the International Space Station, the most impressive feat yet in turning routine spaceflight over to the commercial sector.

10 Ways to Bootstrap Your Startup Office Decor Posted: 25 May 2012 01:25 PM PDT Mashable's new video series, Behind the Launch, follows Vungle on its startup journey toward a June launch. Each week on Mashable, the Vungle team offers tips and lessons learned from its own startup experience. This week, we saw Vungle take a break from their computers and head into nature, giving us a peek into Vungle's company culture. Watch the episode above, and then check out Jack's tips below to find out how to make your office embody your culture. Want more? Tune into Behind the Launch every Monday and Wednesday.

UBS lost $30 million on Facebook IPO fiasco: source Posted: 25 May 2012 01:24 PM PDT NEW YORK (Reuters) - UBS AG had trading losses of around $30 million stemming from Facebook Inc's botched initial public offering on Nasdaq OMX Group Inc's U.S. exchange, a source with knowledge of the situation said on Friday. UBS was one of four main market makers involved in Facebook's IPO on May 18. Its losses come on top of claims by Citigroup's market making unit of $20 million, and Knight Capital Group Inc and Citadel Securities of $30 million to $35 million each in losses. (Reporting By John McCrank)

Texting and Walking: 65% of You Do it Posted: 25 May 2012 01:07 PM PDT By now you've probably seen the videos of the woman falling into a mall fountain or the guy who comes dangerously close to a bear while walking and texting. You might even have heard about the New Jersey town that will issue $85 fines to people caught with fingers flying as their feet are moving.

Feeding frenzy for lawyers in botched Facebook IPO Posted: 25 May 2012 01:05 PM PDT (Reuters) - Facebook Inc's bungled initial public offering has gone from one of the most highly anticipated stock offerings to a hot legal opportunity for lawyers on both sides of shareholder litigation. Court battles over the fizzled IPO could run for years, as the social networking company, the banks that took it public and the Nasdaq OMX Group Inc face claims that they short-changed investors. Besides fighting off claims by Facebook shareholders, the defendants will also need lawyers to respond to inquiries from government investigators looking into how the IPO was handled. ...

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