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Special Device Help Prevent Suddent Infant Death

Special Device Help Prevent Suddent Infant Death

Researchers from Germany's Fraunhofer Institute for Reliability and Microintegration IZM in Berlin has developed a new breathing sensor system that help prevent Sudden Infant Death Syndrome (SIDS). This syst...

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University Installs Grass Lawn in School Library

University Installs Grass Lawn in School Library

Cornell University has built a grass lawn inside their school library as a part of a project of their institution's Department of Design and Environmental Analysis. The department is currently conducting a r...

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Wash Your Clothes in a Portable Washing Machine [Video]

Wash Your Clothes in a Portable Washing Machine [Video]

Meet, the Scrubba, a portable washing machine, in form of a bag. This wash bag, allows people to do their laundry, on-the-go. The Scrubba is a lightweight, foldable bag that features small nodules to help sc...

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Fart-Deodorizing Underwear Sold in Japan

Fart-Deodorizing Underwear Sold in Japan

Thanks to Japan's new invention, the Deoest underwear, extreme farters can now release their foul smelling gas and prevent people near them from fainting. It is a fart-deodorizing underwear, created by Profe...

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Poor Markets May Delay Zynga IPO Until November

Written on August 30, 2011 by Avlya Jaie

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Zynga, the popular social games creator, might postpone its plans for an Initial Public Offering (IPO) due to poor market conditions.

Due to some poor market condition issues, people might not see Zynga’s plans for an IPO until November of this year.

According to the sources of The New York Post, the social gaming company is facing hindrances because of several “rocky stock markets” affairs, making them unable to release its IPO next month as originally scheduled.

If you could remember, Zynga – the company behind such popular social games, including FarmVille, CityVille and Mafia Wars – confirmed last June that they wanted to go public. They even aimed to raise $1.5 billion to $2 billion in its IPO. But after encountering a debt ceiling debate in summer, Zynga became incapable of fulfilling their plans.

Zynga is just one of the many social media IPOs that is slated to be launched in the upcoming months. Groupon, another renowned social media IPO, has also faced series of delays due to SEC accounting concerns. Up to now, the social games’ maker remains silent with regards to this matter.

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Facebook and Google on IPO

Written on January 11, 2011 by Japhet Writ

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The similarity between Google and Facebook is that the former didn’t want too much oversight or influence on its management by outsiders, and clearly, the latter wants the same deal.

Search engine giant, Google, and the most popular social networking site, Facebook, has something in common when it comes to IPO. Both Facebook and Google didn’t want too much influence from outsiders when it come to their management. From the start, it was clear that Google wanted the money but not the oversight that comes with being a public company. In a similar way, Facebook with its Goldman deal, can raise capital from investors and avoid influence of their management.

However, Searchblog’s John Battelle believes that Facebook must be made accountable to the public. He pointed out that a company that stores a tad full of private data, must enable the public to review its practices and finances. In addition to this, Facebook must allow the people to question its intentions in a way that is supported by collective and legally codified will.

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When Will Facebook Have an IPO?

Written on January 04, 2011 by Japhet Writ

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Since the news broke, there have been a lot of questions about the Goldman Sachs' “special purpose vehicle”. Why is Facebook choosing to raise more money through Goldman Sachs? And when will Facebook finally have an IPO?

News are being dominated today with headlines, saying that Facebook has raised $500 million from Goldman Sachs and Digital Sky Technologies. In addition to this, the social network plans to raise another $1.5 billion through Goldman Sachs’ “special purpose vehicle”. This plan, however, raised some questions. The key inquiry is why would Facebook want to raise more money through Goldman Sachs? Will Facebook finally have an IPO?

Based on SEC regulation, companies with more than 500 shareholders are required to disclose their earnings to the commission. But Facebook doesn’t want that kind of headache, hence Goldman Sachs came up with a clever workaround — it will represent thousands of investors on their behalf. Simply put, Goldman Sachs is helping Facebook circumvent the system, so there’ll be no need to report earnings via IPO.

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