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Facebook Blame-Game: Whos at Fault for IPO Debacle?

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Jim Urquhart / ReutersFacebook Chief Executive Officer Mark Zuckerberg attends the Allen & Co Media Conference in Sun Valley, Idaho, July 12, 2012. The fallout over Facebook’s controversial initial public offering has turned into a full-blown blame-fest. In the three months since the social network’s mammoth IPO, the company’s stock has fallen by a stomach-churning 50%, wiping out some $50 billion in shareholder value. The offering was supposed to be a triumphant moment for Silicon Valley and Wall Street. Read More...

Fridays Child: Best Romance Books

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August 1, 2024 8:21 AM EDT Often lauded as the mother of Regency romance, Georgette Heyer is widely considered a pioneer of the booming historical romance subgenre. From 1935 to 1974, Heyer published more than two dozen meticulously researched Regency-era novels that popularized key elements of the genre that still endure today, including tropes like enemies to lovers and conventions like referring to early 19th-century Britain’s upper crust as “the ton. Read More...

Hell or High Water: Memphis Makes the Best of Record Flooding

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After weeks of storms and floods, Memphians awoke Tuesday morning to the highest river they’d seen in 74 years. The Mississippi had risen to 48 ft. (15 m); 120 million cu. ft. (3.4 million cu m) of water rushed by every minute — enough to fill a football field 44 ft. (13 m) deep every second. By May 10, the river had swelled to six times its normal girth, more than 3 miles (5 km) across at Memphis. Read More...

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