Zynga, the online game maker behind “FarmVille” and other popular Facebook pastimes founded by Chicago native and CEO Mark Pincus, is going public, the latest in a crop of high-valued Internet IPOs expected after LinkedIn Corp. showed that the online networking craze is a hot commodity on Wall Street. Zynga reports that it enjoyed a $90.6 million profit on sales of $597 million in 2010, according to its filing today with the U.S. Securities and Exchange Commission. Zynga Inc. hopes to raise up to $1 billion in an initial public offering that follows LinkedIn’s sizzling stock market debut last month. …
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Retail sales for the four-day holiday weekend, starting with Thanksgiving Day, rose 8.7 percent from a year earlier, figures from MasterCard Advisors’ SpendingPulse showed. The holiday shopping season got off to a robust start with help from midnight openings...
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Forget algebra homework: try building spaceships, operating a nuclear reactor or listening in to distant galaxies
Forget stuffy lecture halls and humming fluorescent lights. Build robots instead! Or run a nuclear reactor. To rank the coolest labs in the country, we factored...
Ground beef processor AFA Foods said Monday that it is filing for Chapter 11 bankruptcy protection and selling its assets after the public outcry over the beef filler known as “pink slime” derailed its efforts to save its already struggling business.
The likelihood that a baby born in the U.S. will die within its first year is less than a third of what it was 50 years ago. But among mothers who were, themselves, born in the U.S., infant mortality rates are some 40 percent higher than for U.S.-born babies of non-native mothers. [More...
Here it is, what you’ve all been waiting for: the 2013 SRT Viper! Well, part of it, anyway. SRT has released yet another teaser image of the next Viper on its Facebook page, but this latest peek gives little new insight. (SRT’s previous teaser showed a line drawing of the car’s snake-...
Volvo has added a new, lineup-splitting T5 AWD version of its S60 sedan, one of the brand’s few successful U.S. offerings. John Maloney, Volvo’s new U.S. president, revealed the information during an interview at the Detroit auto show. The T5 AWD announcement is hardly exciting stuff, but in...
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In the grand tradition of the awe-inspiring "blue marble" pictures, this newest shot from NASA's recently-renamed Suomi NPP satellite is the sharpest, highest resolution picture of its kind we've ever seen. It's a composite image, combining shots taken of the Earth's...
A turbocharged four-cylinder aims to give this crossover the edge.
Americans like big stuff. We like big houses, big helpings of food, and big cars with big honkin’ engines. But no one—anywhere—likes big fuel bills, and with a gallon of gas here costing much more than the loose change found in our...
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Good stuff this week! There's a baby elephant face-planting into a beach, there's a 3-D printable set of connectors that'll connect Lego to K'Nex (or any combination of childhood building toys), there's a tray full of eyeballs, and, as always, pretty space pics. Enjoy your...
Thumbi Ndung’u left Kenya 1995 to study medicine at Harvard. He later returned to Africa on a mission to exploit HIV’s vulnerabilities. Now the head of the HIV Pathogenesis Program at the University of KwaZulu-Natal in South Africa, Ndung’u spoke with Scientific American...