In one of the largest initial public offerings of stock ever, Facebook said Thursday that it is raising at least $16 billion for itself and its early investors in a transaction that values the world's definitive online social network at $104 billion. more...

Hewlett-Packard is poised to eliminate as many as 30,000 jobs to compensate for dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets, according to reports published Thursday. more...

Despite the explosive innovation around digital picture-taking, the end result has actually changed very little. A photo is still a photo. And a poorly focused photo is still as bad as ever. Ren Ng aims to fix that. more...

Yesterday, at the J.P. Morgan 40th Annual Technology, Media and Telecom Conference, Verizon EVP and CFO Frank Shammo mentioned that his company would be forcing customers away from their grandfathered unlimited data plans. The decision is purely financial: "A lot of our … Continue reading → more...