Social media giant Facebook filed much-anticipated paperwork Wednesday officially announcing its intention to go public. The company plans to raise $5 billion through the initial public offering — more than double the $1.9 billion that Google's IPO raised, CNET reported. In its filing, Facebook said it had 845 million active users, but faced "significant competition" from social media platforms like Google+ and Twitter. Such competition is a risk factor, the ......
Joe Paterno, the legendary former Penn State football coach whose sterling record was tarnished by a child sex abuse scandal, died Sunday of lung cancer. Paterno, 85, was fired in November amid allegations that an assistant coach, Jerry Sandusky, had sexually abused boys and that school officials tried to cover it up, as Reuters reported. The abuse scandal did not stop an outpouring of grief on campus in response to ......
A suspect in Thursday's fatal shooting near the Occupy Oakland encampment had been staying at the camp, according to police. Witnesses told investigators that one of the suspects "was a frequent resident at the Frank Ogawa Plaza for the past several days," Officer Johnna Watson, a spokeswoman for the Oakland Police Department, wrote in a press alert Friday night. That suspect is described as a black male between 20 and ......
Motion-sensing cameras have shed new light on nighttime mountain lion activity in a hilly 1,189-acre preserve five miles west of the Stanford campus. The infrared cameras, which are triggered by movement, have recorded more than 40 photos and videos of cougars since September 2009, most between dusk and dawn. The pictures show that the big cats are most active in the area between May and September. Embed:http://www.youtube.com/watch?v=3vWOZgVJQcQ A group of Stanford ......
Two House Republicans sent a letter to the president's lawyer Wednesday requesting all communications among White House staff and officials relating to Solyndra's $535 million federal loan guarantee. Rep. Fred Upton of Michigan, the chairman of the House Energy and Commerce Committee, and Rep. Cliff Stearns of Florida, the chairman of the committee's Oversight and Investigations Subcommittee, asked for all documents dating back to Obama's 2009 inauguration. Their request came ......
