We largely steer clear of companies going public here at Engadget, but Facebook and its zillions of users warrants an atypical tip of the hat. The outfit has announced that starting tomorrow, 421,233,615 shares of its common stock will be up for grabs at a price to the public of $38 per share. It’ll trade on the NASDAQ under the symbol “FB,” with the outfit offering 180,000,000 shares of Class A common stock and selling stockholders offering 241,233,615 shares of Class A common stock
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Facebook IPO is official: $38 per share, on sale tomorrow under ticker symbol ‘FB’
Hand firmly grasping hat? 
As expected , May 14th is indeed a dark day for LightSquared. The company has just filed paperwork in order to initiate Chapter 11 bankruptcy proceedings in Manhattan’s US Bankruptcy Court, effectively killing its dream of providing a high-speed mobile wireless network to upwards of 260 million people. 
While thousands upon thousands of Americans are celebrating graduation weekend with degree in hand, it looks as if the CEO of one particular internet company will be wondering why he lied about his. After weeks of investigating, word on the street has it that freshly appointed (as in January 4th ) CEO Scott Thompson will be “stepping down.” In other words, he’s being canned
From humble beginnings as a sales associate in 1985 with no college education Brian Dunn climbed the corporate ladder at Best Buy , eventually finding himself at the top of the food chain in 2009 when he took over as CEO. 
Terribly sad news from the family of Jack Tramiel today. The Polish-born businessman is perhaps best known in the technology universe for his founding of Commodore International, the company responsible for the Commodore 64, 128, Amiga, etc
There’s a sign that hangs in the windows of shops in downtown Santa Cruz, California. “Keep Santa Cruz Weird.” It’s not unique to that town, of course — the best known implementation of the slogan is the one seen all over Austin, Texas. 
Looks like the decision to not make a decision has… 
