GM unfriends Facebook ahead of IPO: What went wrong?

%Emerald Web Hosting %Web HostingDays away from Facebook’s IPO, General Motors announced it’s pulling $10 million in advertising business from the social media kingpin. No full explanation was given.

42 years later, Vietnam War hero to receive Medal of Honor

%Emerald Web Hosting %Web HostingDecades after an act of heroism during the Vietnam war saved the lives of his fellow soldiers, Army Specialist Leslie H. Sabo, Jr. will posthumously receive the Medal of Honor.

Google revamps U.S. search

SAN FRANCISCO (Reuters) – Google is revamping the way it handles searches in the United States to give users quick access to answers without leaving the page, the company said. The new search process is based on what Google calls the “knowledge graph” — meaning that it tries to pinpoint faster the context surrounding its users’ keyword searches. “Over the years, as search has improved, people expect more,” said Amit Singhal, vice president of engineering at Google and the head of search, in an interview. “We see this as the next big improvement in search relevance. …

Facebook boosts IPO size by 25 percent, could top $16 billion

%Emerald Web Hosting %Web HostingNEW YORK/SAN FRANCISCO (Reuters) – Facebook Inc increased the size of its initial public offering by almost 25 percent, and could raise as much as $16 billion as strong investor demand for a share of the No.1 social network trumps debate about its long-term potential to make money. Facebook, founded eight years ago by Mark Zuckerberg in a Harvard dorm room, said on Wednesday it will add about 84 million shares to its IPO, floating about 421 million shares in an offering expected to be priced on Thursday. …

Japanese lesbian can’t wait for Disneyland "wedding"

%Emerald Web Hosting %Web HostingTOKYO (Reuters) – Like many Japanese women, Koyuki Higashi adores Tokyo Disneyland. So it was only natural that she would want to hold her wedding there, as many other couples have done. “My partner and I just love going to Disneyland, so when we saw a pamphlet advertising wedding receptions by the Cinderella Castle in Tokyo Disneyland we called and asked if we could hold our wedding there,” Higashi told Reuters in a telephone interview. …

GM to drop Facebook ads due to low consumer impact

%Emerald Web Hosting %Web HostingDETROIT/SAN FRANCISCO (Reuters) – General Motors Co said on Tuesday it will stop advertising on Facebook, even as the social networking website prepares to go public, with a source familiar with the matter saying the automaker had decided Facebook’s ads had little impact on consumers. The decision by GM, the third-largest advertiser in the United States, marks the first highly visible crack in Facebook’s strategy and underscores doubts about whether advertising on Facebook works better than traditional media. …

Google+ trends: Flickr gets bigger photos, Apple blocks One X, Evo 4G smartphones from entering US

%Emerald Web Hosting %Web HostingYahoo!’s photo sharing site Flickr is the latest social media site to get a bigger-photo makeover.

Twitter index: 10 Facebook tips, Rock the Bells festival lineup

%Emerald Web Hosting %Web HostingThe lineup for the annual American hip hop festival Rock the Bells has been announced.

Samsung loses $10 billion market value on Apple order report

%Emerald Web Hosting %Web HostingSEOUL (Reuters) – Shares in Samsung Electronics Co slumped more than 6 percent on Wednesday, wiping $10 billion off the electronics giant’s market value, on a report that Apple placed huge chip orders with troubled Japanese chip rival Elpida. Taiwan’s DigiTimes, an online trade news site, reported that Apple recently placed large mobile dynamic random access memory (DRAM) orders with Elpida’s 12-inch plant in Hiroshima, Japan, securing around half the facilities total chip production. It cited unnamed industry sources in its report, which hit shares of major chip suppliers to Apple. …

Virgin Atlantic rolls out in-flight cellphone service

%Emerald Web Hosting %Web Hosting(Reuters) – Some passengers on Virgin Atlantic flights can now call home from the air. The airline announced on Tuesday it is providing travelers with a new cellphone service to make and receive phone calls from 35,000 feet in the air. The service will allow passengers to send and receive text messages, emails and access the Internet on Virgin Atlantic’s new Airbus A330-300 planes flying between London and New York. The in-flight service is targeting business travelers and will be available in all cabins, although limited to six users at a time. …

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