It now looks like the long-awaited Facebook IPO could come as early as tomorrow. The company is seeking to raise up to $5 billion in its offering. If that figure is accurate, Facebook would become the largest-ever global IPO by an web-based company. Google’s $1.9 billion debut is currently the largest U.S. Internet IPO. Facebook [...]
Continue reading " Facebook IPO: $5 Billion Offering Could Come Tomorrow (VIDEO) "
Are you outraged yet? You should be. American taxpayers are still owed $132.9 billion by companies that benefited from the 2008 financial bailouts and haven’t fully repaid. Some of that money will never be recovered, says a government watchdog agency. Christy Romero, the acting special inspector general for the massive $700 billion bailout, has stated [...]
Continue reading " $132.9 Billion Owed to Taxpayers from 2008 Financial Bailouts "
Here’s something you certainly don’t see every day. More accurately, here’s something you don’t see THROUGH every day. A buyer at an auction in Michigan scored a one-of-a-kind see-thru car. The 1939 Pontiac Deluxe Six “Ghost Car“, which was first put on display at the New York World’s Fair, was sold today for $308,000. Originally [...]
Continue reading " Transparent ‘Ghost Car’ Sells for $300K at Auction (PHOTO) "
GM has announced that its new Chevy Volt electric car should get about 230 mpg in city driving. The new Chevy Volt is now at the forefront of Government, er, General Motors‘ efforts to breathe new life into a brand that has ceded market share in the USA, with 25 new cars due to be [...]
If you thought the new GM / Segway vehicle was cool, you’ll probably hate this. I have to say, this is just about the stupidest looking contraption I’ve ever seen. The Chariot is a new device by Exmovere Holdings. It was originally designed for those who have trouble getting around and for amputees. Exmovere Chariot [...]
GM and Segway have joined forces to bring you Project PUMA. The PUMA (short for Personal Urban Mobility and Accessibility) is a two-wheeled urban vehicle that can go as fast as 35 miles per hour. The PUMA can also travel 35 miles on a single charge, with each charge costing 35 cents. The official press [...]
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