Facebook IPO could redefine the social media market

Via Scoop.it – internetbillboards Facebook could file to go public as soon as tomorrow, and its offering could raise up to $10 billion — enough to revive a tepid market for Internet stocks, analysts said, and seed the ground for future offerings from social media companies like Twitter or Yelp Inc. Facebook’s market value may [...]

Saudi Prince now has influence over Twitter’s Development

Via Scoop.it – internetbillboards Looks like Twitter will have a nice christmas fund of $300 million coming into their bank from Saudi Prince Alwaleed bin Talal’s investment firm Kingdom Holding co. Prince Alwaleed’s investment portfolio includes companies like Apple, Citigroup, General Motors, News Corp and several other media entities in the middle east to just [...]

2012 Chevy Corvette ZR1 laps the Nurburgring in near-record time

The latest Chevrolet Corvette ZR1 lapped the famous 12.9-mile, 154-turn Nurburgring course in 7 minutes 19.63 seconds, besting its previous time set in 2008 by more than six seconds. Driver/Corvette engineer Jim Mero and the car moved up to seventh on the unofficial list of production-car times on Wikipedia. Of the relatively common marques on [...]