Astronomers are gearing for one the rarest events in the Solar System: an alignment of Earth, Venus and the Sun that will not be seen for another 105 years. More »Astronomers seize last chance in lifetime for Venus Transit
SpaceX's Dragon cargo vessel smells like a new car, said astronauts at the International Space Station after opening the hatches Saturday following the spacecraft's landmark mission to the orbiting lab. More »SpaceX capsule has 'new car' smell, astronauts say
Twenty years after the Earth Summit in Rio pledged to save the environment for future generations, observers and policy makers agree swifter action is required to avert climate catastrophe. More »Slow progress since Earth Summit 20 years ago
Australia has hailed a surprise decision giving it a role in a radio telescope project aimed at revolutionising astronomy, vowing to draw on its decades of experience in space science. More »Australia hails surprise super-telescope decision
Australia and South Africa will share the hosting of a giant radio telescope made up of thousands of separate dishes which will help scientists better understand the make-up of the universe. More »Split hosts for giant telescope
WASHINGTON (Reuters) - DigitalGlobe Inc and GeoEye Inc on Friday welcomed a decision by the Senate Armed Services Committee to authorize continued funding for commercial imagery purchases, a move that sent the two companies' shares sharply higher. Shares of DigitalGlobe rose as much as 10 pct while those of GeoEye jumped 9 percent in response to the first positive news for the sector in quite a while. Both DigitalGlobe and GeoEye provide digital imagery services to U.S. military and intelligence agencies and are working on next-generation satellites to double their capacity. ... More »DigitalGlobe, GeoEye jump on nod for imagery funding
WASHINGTON (Reuters) - U.S. securities regulators are looking into whether Nasdaq violated any technical exchange rules when it botched Facebook Inc's market debut last week, according to people familiar with the matter. The review of potential technical violations is part of the Securities and Exchange Commission's broader look at how Nasdaq handled its part of the initial public offering, including its decision to proceed with trading despite glitches, these people said. The SEC is also reviewing Nasdaq's communications with market participants, one of those people added. ... More »SEC eyes Nasdaq compliance in Facebook debacle
(Reuters) - The ripple effects of Facebook Inc's botched IPO appear to already be hitting the market for initial public offerings as two companies this week pushed back their market debuts. PC hardware components maker Corsair Components Inc postponed its $78 million (49.8 million pounds) IPO citing market conditions, as did laser hair removal products maker Tria Beauty Inc, which intended to raise $64 million. The delays may be just the first of many, say market observers, as volatile equity markets and fallout from the Facebook debacle create a challenging climate for new offerings. ... More »Facebook ripple on IPO market already felt
Thousands of crustaceans were found dead off the coast of Lima following the mystery mass death of dolphins and pelicans, the Peruvian Navy said Friday. More »Thousands of shellfish found dead in Peru
NEW YORK (Reuters) - Four of Wall Street's major market makers involved in Facebook's botched initial public offering last Friday expect their losses from technical glitches on Nasdaq's exchange to be around $115 million (73.4 million pounds). A software error on Nasdaq OMX Group Inc's U.S. exchange delayed the social networking company's market debut by 30 minutes last Friday. Many client orders were delayed, leading to significant losses to some investors and traders as the stock price dropped. The exchange operator is facing lawsuits from investors and threats of legal action from brokers. ... More »Facebook's market maker losses may top $115 million - sources
Yahoo has dropped its tablet magazine Livestand just six months after its debut on the iPad. More »Yahoo drops tablet magazine service
BOSTON (Reuters) - Just hours before Facebook Inc made its stock market debut last Friday, Seuk Kim put in a limit order $4 above the initial public offering price. "I thought it was going to have that first day pop," Kim said. "I didn't think anyone would get in at the $38 (24.25 pounds) IPO price." Limit orders give investors a measure of protection because the stock is eligible to be purchased at or below the designated limit price, but never above it. ... More »Facebook IPO glitch prompts margin calls, headaches
Brazilian President Dilma Rousseff Friday vetoed parts of a new forestry code that environmentalists say would lead to further deforestation in the Amazon, home to the world's largest collection of plants and animals. More »Brazil leader vetoes parts of law opening up Amazon
NEW YORK (Reuters) - UBS AG had trading losses of around $30 million (19.1 million pounds) stemming from Facebook Inc's botched initial public offering on Nasdaq OMX Group Inc's U.S. exchange, a source with knowledge of the situation said on Friday. UBS was one of four main market makers involved in Facebook's IPO on May 18. Its losses come on top of claims by Citigroup's market making unit of $20 million, and Knight Capital Group Inc and Citadel Securities of $30 million to $35 million each in losses. (Corrects headline to $30 million from $20 million) (Reporting By John McCrank) More »UBS lost $30 million on Facebook IPO fiasco - source
(Reuters) - Facebook Inc's bungled initial public offering has gone from one of the most highly anticipated stock offerings to a hot legal opportunity for lawyers on both sides of shareholder litigation. Court battles over the fizzled IPO could run for years, as the social networking company, the banks that took it public and the Nasdaq OMX Group Inc face claims that they short-changed investors. Besides fighting off claims by Facebook shareholders, the defendants will also need lawyers to respond to inquiries from government investigators looking into how the IPO was handled. ... More »Feeding frenzy for lawyers in botched Facebook IPO
NEW YORK (Reuters) - Just when brokers thought Mom-and-Pop investors were getting excited about the stock market, along came Facebook. The 17 percent plunge in Facebook's shares since its ballyhooed debut last Friday, coupled with Nasdaq's mishandling of opening day trading, is spooking the very investors who had seemed the most intrigued by the offering, said Wall Street executives. ... More »Facebook flop hurts small investors' trust in stocks
(Reuters) - Investors can hope the debut of options on Facebook Inc goes more smoothly than the long-awaited debut of the social networking service's stock on May 18. While the stock's puts and calls are expected to be popular, the big wild card is volatility and ultimately, the options price. Traders will get a fresh start on options on the Internet giant when the contracts are offered on U.S. options exchanges on May 29. ... More »Facebook options debut a wild card for volatility
NEW YORK (Reuters) - Citigroup Inc's Automated Trading Desk had trading losses of about $20 million (12.77 million pounds) from Facebook Inc's botched initial public offering on Nasdaq OMX Group Inc's U.S. exchange, a source with knowledge of the situation said on Friday. The unit's losses were in addition to claims by market makers Knight Capital Group Inc and Citadel Securities, which each had losses of $30 million to $35 million. UBS AG, the other large market maker involved in the IPO of the social networking company on May 18, has not disclosed any losses. ... More »Citi unit lost $20 million in Facebook IPO-source
NEW YORK (Reuters) - Citigroup Inc's Automated Trading Desk had trading losses of about $20 million (12.77 million pounds) from Facebook Inc's botched initial public offering on Nasdaq OMX Group Inc's U.S. exchange, a source with knowledge of the situation said on Friday. The unit's losses were in addition to claims by market makers Knight Capital Group Inc and Citadel Securities, which each had losses of $30 million to $35 million. UBS AG, the other large market maker involved in the IPO of the social networking company on May 18, has not disclosed any losses. ... More »Citi unit lost $20 million in Facebook IPO-source
The sun is shining, finally, and the last thing anyone wants to do in this weather is sit inside in front of the computer. More »Tech time out this summer with these apps and gadgets
Less than six months after the world agreed to craft a new global climate pact by 2015, talks stumbled at a crucial preparatory meeting Friday as rich and poorer countries butted heads. More »Climate pact process stumbles as countries bicker
A long-running joust to host a radio telescope that would give mankind its farthest peek into the Universe ended on Friday with a Solomon-like judgement to split the site between Australia and South Africa. More »Battle over SKA super-telescope leads to split site
The privately bankrolled Dragon capsule has arrived at the International Space Station, making history as the first commercial delivery ship in orbit. More »Space station snares the Dragon
Tipster More »Facebook Camera is one of Apple's first ever Editors' Choice in App Store
Security should be a top concern for people on any social networking site, but with Facebook being as big as it is, this issue deserves special attention. Here are some tips to make sure your Facebook account is secure and remains secure. More »How to secure your Facebook account