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New MacBook, New Cloud, New Leaf May 16, 2012 
Apple computer users might soon have a thinner, lighter version of the MacBook, according to numerous reports. The new design will apparently still bear the "MacBook Pro" name but will more closely resemble an Ultrabook -- thin, light and affordable PC laptops. It will supposedly feature a high-definition screen similar to the ones found on iPhones and iPads.
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Groupon Gets a Second Wind May 15, 2012 
Groupon delivered earnings that pleasantly surprised shareholders. The daily deal provider reported a net loss of $11.7 million, a huge improvement from the $146.5 million it lost a year ago in its first quarter as a private company. It also posted stronger-than-expected revenue for the quarter, at $559.3 million -- an 89 percent increase from the same period a year ago.
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Facebook's Future May Still Be in Play May 15, 2012 
Half of Americans believe the social network giant Facebook is just a passing fad, and a similar number believe the expected asking price in its upcoming IPO is too high, according to a new poll. Since the dot-com boom of the 1990s ended with a dot-com bust, many once-dominant players have fallen by the wayside. Will Facebook share their fate?
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Microsoft Sets Sail With Russian Pirate Hunters May 15, 2012 
Today in international tech news: Microsoft backs Russian startup "Pirate Pay," which claims it can track and thwart illicit downloads around the globe. Elsewhere, Renren, China's Facebook equivalent, releases a lackluster earnings report, while Baidu, China's Google equivalent, enters the smartphone market -- and taps into the void left by the country's block of Google Drive.
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Muddy Road Ahead for Yahoo? May 14, 2012 
Embattled Yahoo has a new interim chief executive. It announced Sunday that Ross Levinsohn, the company's global media leader, would take over as interim CEO following Scott Thompson's departure. Thompson's exit comes amid controversy over an unearned computer science college degree listed on his resume. Also leaving the company are several board members.
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Cofounder's Renunciation of US Citizenship Unlikely to Hurt Facebook IPO May 14, 2012 
Facebook cofounder Eduardo Saverin, a Brazilian native who is currently a resident of Singapore, has given up his U.S. citizenship. The widely-held assumption is that Saverin wanted to escape the tax liability he would assume from the Facebook initial public offering, expected as early as this week, by becoming a citizen of Singapore.
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Pulling a Zuckerberg, or How to Kill a $100B IPO May 14, 2012 
Last week was rather quiet except for the increasing drama surrounding Facebook and what was to be their $100B IPO. It could still be, but thanks to its young, inexperienced, and clearly still-maturing CEO, it found itself digging out of an avoidable hole. Its experienced executive team was by all reports doing a terrific job until Zuckerberg decided to show up at an IPO pitch in a hoodie.
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The Thompson Crisis: Sloppy Whopper or Poor Career Personal Hygiene? May 11, 2012 
It's been more than a week since Yahoo CEO Scott Thompson's resume blew up in his face, and by the looks of things, the Yahoo board isn't bothered by it. They're not bothered enough to fire the guy, anyway. Thompson's still in charge at Yahoo, and a week's worth of morale-melting embarrassment and haranguing from Dan Loeb haven't been enough to change that.
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Under Zuckerberg's Hoodie May 11, 2012 
The Facebook IPO roadshow -- a crucial time for the company -- is well under way, and the company's CEO has been in the spotlight. It was no doubt expected that Mark Zuckerberg would ditch his trademark hoodie for attire more befitting the circumstances, but no. At the few events Zuckerberg has attended, including the launch event in New York, he has sported the hoodie.
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Yahoo Nail-Biting Could Lead to Bloodletting May 09, 2012 
The last seven days have no doubt felt surreal for executives and board members at Yahoo. It was a week ago that shareholder Daniel Loeb, CEO of hedge fund Third Point, revealed that Yahoo CEO Scott Thompson's educational credentials included a computer science bachelor's degree he never earned, spurring demands for the company to take action.
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Will Apple Take Root in Walmart? May 09, 2012 
Forbes released its annual list of the largest corporations in the U.S. this week, and Apple had the biggest increase. It jumped from the 35th spot in 2011 to finish 17th on this year's list, which ranks companies on the basis of revenue. Apple still hasn't climbed into the ranks of Exxon Mobil, Walmart or General Electric when it comes to cash flow, but in the tech world, only HP was ahead of Apple on the list.
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Despite a Few Muffed Lines, Facebook Roadshow's a Hit May 08, 2012
Facebook kicked off its IPO roadshow in New York City on Monday, with CEO Mark Zuckerberg sporting his trademark hoodie sweatshirt and sneakers. A 30-minute video was part of the presentation, along with a Q&A session in which Zuckerberg and other executives took questions. The format apparently did not suit some attendees, so Facebook made some tweaks. When the show reached Boston on Tuesday, the video was gone.
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Angry Birds, Mad Money May 07, 2012 
Today in international tech news: The makers of "Angry Birds" report crazy numbers. Meanwhile, Evernote seeks approval from Beijing to open up a data center in China, a step that could help the data-storage giant tap into the world's largest market but also -- if history is any indication -- subject it to government intervention.
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Nokia Investors Claim Fraud Over False Turnaround Promises May 04, 2012 
The chain of troubles plaguing Nokia grew longer this week with news that class-action litigation giant Robbins Geller Rudman & Dowd has filed suit against the firm alleging violations of the Securities Exchange Act of 1934. The complaint can be summed up thusly: Nokia said its shift to Windows Phone 7 would halt its slide in the smartphone market, but that hasn't happened.
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Is $96B Cool Enough for Facebook? May 04, 2012 
Facebook announced an estimated price for its long-awaited initial public offering Thursday, setting a range of $28 to $35 per share. The top end of its estimate would give the social network a valuation of $96 billion. The company's upcoming roadshow starts Monday and will stop in major U.S. cities including New York, Boston, Chicago and San Francisco.
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UK Officials Ponder Online Porn Plan May 04, 2012 
Today in international tech news: Online pornography is a hot topic in Europe, as the United Kingdom and European Commission each propose measures to block children from accessing adult content. Elsewhere, a new report forecasts how many Internet users China will have in three years, BlackBerry maker RIM continues its descent, and the EU plans its next step against Google.
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RIM's Loyal Following May Have Doomed It May 04, 2012 
Research In Motion's investors did not seem pleased with the company's latest endeavor, BlackBerry 10, which CEO Thorsten Heins unveiled at its BlackBerry World 2012 conference in Orlando, Fla., earlier this week. As the new operating system made its debut, the device maker's stock dropped on the Toronto Stock Exchange approximately 15 percent -- a decline the company could ill afford, as its share value has been steadily falling for the last year.
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Growing Pains Lead Yelp to Loss May 03, 2012 
Yelp reported a net loss in its first quarter as a publicly traded company after aggressive expansion abroad led to a sharp increase in costs. The site, which provides online reviews of local businesses, released its earnings on Wednesday for its first ever fiscal quarter after filing its IPO.
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