Technology

Yahoo Unveils Yahoo! Axis - A New 'Search Browser"

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Things haven't exactly gone swimmingly for Yahoo, with the recent unceremonious departure of CEO Scott Thompson just the latest string of nasty news. But the beleaguered Internet company hopes consumers will focus on new product offerings rather than the machinations in and around the executive suite. On Wednesday night Yahoo unveiled Yahoo! Axis, a slick new mobile browser and desktop browser plug-in that lets you view visual search thumbnails of webpages, without leaving the page you're on.

Shareholders Sue Facebook

hcsp.jpgThe fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies."

3 Facebook Investors Sue on Handling of IPO

hcsp.jpgNow it's lawyers doing the fingerpointing in the Facebook blame game.

Facebook Accused of Insider IPO Business

hcsp.jpgFacebook shares are down almost 20 percent only days after its initial public offering and the company is facing increased pressure and scrutiny as a result.

Hewlett-Packard Plans to Cut 27,000 Employees

Hewlett-Packard plans to cut 27,000 jobs as the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company to sell personal computers.

Pictured: A Hewlett-Packard sign at the main entrance of the company's headquarters in Palo Alto, Calif.

What Happened to Facebook?

4798The selloff in Facebook shares deepened on Tuesday, as investors continued to question the stock's valuation after Reuters reported that underwriters cut their revenue forecasts for the company before the IPO.
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Call it the Friday Facebook Fiasco -- or a more colorful alliterative of your choice. Regardless, the chaotic opening of the much-hyped social network's stock scared away investors on Monday--and may keep them away.

Private Supply Ship Launches Successfully

A first-of-its-kind commercial supply ship rocketed toward the International Space Station following a successful liftoff early Tuesday, opening a new era of dollar-driven spaceflight.

Pictured: The Falcon 9 SpaceX rocket lifts off from space launch complex 40 at the Cape Canaveral Air Force Station in Cape Canaveral, Fla., early Tuesday, May 22, 2012. (AP Photo/John Raoux)
Facebook's stock is tumbling well below its $38 IPO price in the social network's second day of trading as a public company on Monday.

Pictured: In a Friday, May 18, 2012 file photo, curious bystanders watch through the Nasdaq windows as Facebook shares begin trading, in New York. 
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The Internet king is dead, or at least has to share the crown.

Microsoft's Internet Explorer, the web browser leader since the Netscape coup (circa 1995), has been surpassed globally by Google's Chrome browser, according to recent numbers from StatCounter.com. There's a good write-up at PC Magazine.

Microsoft Opens Up "So.cl" Social Network

Microsoft is taking a shot at social networking.
hcsp.jpgThe Nasdaq is planning to revamp its systems for handling stock offerings after acknowledging that technology problems had affected trading in millions of newly issued Facebook (FB.O) shares on Friday, the Wall Street Journal reported.

Twittersphere Filled with Requests for God's Help

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Today, users of the Twittersphere have been offering up their weaknesses to God by using the hash tag "#ThingsWeAskGod2helpUsWith," which pushed the theme to the social platform's "Top Ten World Trends" list Friday for several hours.

Google to Buy Phone Maker Motorola

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Authorities in China have approved Google Inc.'s bid to buy phone maker Motorola Mobility, clearing the way for the $12.5 billion deal to close early next week.

Facebook Is a Failure on Wall Street

The CEO of the Nasdaq stock exchange says it is "humbly embarrassed" by its bungling of Facebook's hugely anticipated debut as a public company on Friday.
hcsp.jpgA day after the historic Facebook IPO, founder and CEO Mark Zuckerberg updated his status Saturday to "married."

This photo provided by Facebook shows Facebook founder and CEO Mark Zuckerberg and Priscilla Chan at their wedding ceremony in Palo Alto, Calif., Saturday, May 19, 2012. Zuckerberg updated his status to "married" on Saturday. The ceremony took place in Zuckerberg's backyard before fewer than 100 guests, who all thought they were there to celebrate Chan's graduation. (AP Photo/Facebook, Allyson Magda Photography)
4798Facebook founder and CEO Mark Zuckerberg has updated his status to "married."

Julie Jacobson/AP -  Mark Zuckerberg, right, president and CEO of Facebook, takes a walk with his now-wife, Priscilla Chan.
Almost half of all American adults who are online are using the Internet for religious purposes, according to a new study from Grey Matter Research in Phoenix, Ariz.

Galaxy Tab Goes Toe to Toe with iPad

Samsung's new Galaxy Tab 2 7.0 tablet isn't meant to take on the iPad head-on. Instead, it offers a more portable, more affordable alternative to the Apple juggernaut.
ayatolla.jpgIt was barely a "like" and definitely not a "love" from Facebook investors as the online social network's stock failed to live up to the hype in its trading debut Friday.

In this image provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, applauds at the opening bell of the Nasdaq stock market, Friday, May 18, 2012, from Facebook headquarters in Menlo Park, Calif. The social media company priced its IPO on Thursday at $38 per share, and beginning Friday regular investors will have a chance to buy shares. (AP Photo/Nasdaq via Facebook, Zef Nikolla)