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Facebook (Nasdaq: FB), the No. 1 social network, announced that it would increase the number of shares in its initial public offering, price them higher and value the company at as much as $104 billion.

Consumer prices in the U.S. were flat in April amid signs that a spike in gasoline costs was ebbing, according to government statistics released on Tuesday, supporting the Federal Reserve's view that the jump in fuel costs is only temporary.

The social network is expected to make the internet's largest initial public offering ever recorded at an estimated company valuation of $96 Billion. Projecting such high figures, investors unfamiliar with the IPO market and more familiar with Facebook as a company will most likely be asking themselves -- what's the worst that could happen?

Samsung Galaxy S3 was unveiled at the Earls Court press event in London May 3 and the new smartphone has received compliments for its enhanced battery and processor capabilities.

Jessica Simpson has sold the first photos of her newborn baby daughter, Maxwell Drew Johnson, for $800,000. However, this is a low sum in the world of celebrity baby photos that would sell for millions yesteryear.

The now-familiar call for Washington to lower energy costs by increasing domestic production of oil may not be the most effective policy, according to this month's Congressional Budget Office report on the nation's energy security.

China's inflation rate slowed in April from the previous month, showing signs that the price pressure is gradually diminishing to make room for monetary easing.

AngloGold Ashanti Limited (NYSE: AU), the largest gold miner in Africa, said Thursday its profit more than doubled in the first quarter, when compared to year ago results, despite decreased output.

Best Buy has dropped the price on Hewlett-Packard's Folio ultrabook down to its lowest ever, just $798. The lightweight laptop, which is similar in design to Apple's MacBook Air, got its new low price on Wednesday as rumors of a $799 MacBook Air continue to grow.

Bombay Stock Exchange (BSE) sensex closed at a four month low by shedding nearly 67 points on Wednesday as weak global trends triggered heavy fund outflows.The BSE bench mark 30 share index lost 66.60 points to reach 16,479.59, dragged down by sharp declines in Reliance industry and banking stocks. Reliance Industries dropped for the sixth day by losing 1.91 per cent to Rs 695.10 after it cut the estimates for actual natural gas reserves available in its Indian blocks.

U.S. gasoline is getting cheaper. In the last four weeks, the average weekly U.S. retail price of regular unleaded gas has fallen 4 percent, according to the Energy Information Administration.

As Mark Zuckerbeg and other top Facebook executives have hit the road in an effort to draw interest in what is estimated to be the largest intital public offering in internet history, the Co-Founder and CEO is betting that investors will Like Facebook. The Menlo Park, California-based Facebook will set its final price on the eve of May 18 -- the company's first day of trading.

A list of potential titles for Nintendo?s upcoming Wii U console has leaked from Blockbuster UK?s internal point of sale system, according to IGN. The list features alleged photos of 25 titles, and was originally discovered by GoNintendo.

Microsoft?s next generation Xbox, rumored to be called the 720 and codenamed Durango, is in its manufacturing stages according to IGN. A source told the gaming website that assembly of the upcoming console?s hardware has started recently at the Austin, Texas division of Flextronics. The electronics company is also responsible for manufacturing the current Xbox 30 console and the original Xbox.

German Chancellor Angela Merkel's old Volkswagen wasn't worth the 130,000 euros ($172,100) bogus online bidders kited it to earlier this month, but the first woman chancellor's 1990 Golf finally went to the highest bidder on Monday for 10,165 euros.

Futures on major US stock indices point to a lower opening Monday ahead of economic data including core PCE price index and Chicago PMI.

Gold held near a two-week high on Monday on prospects of more safe-haven buying, with the U.S. dollar under pressure from weaker-than-expected economic data and speculation the Federal Reserve could ease policy further to boost growth.

Gold prices slipped back towards $1,650 an ounce on Friday as investors cashed in gains after a three-session rally, with confidence in the metal still soft as consumers in major Asian bullion-buying centres held off making fresh purchases.

Gold prices rose towards $1,650 an ounce on Thursday after the Federal Reserve opted to keep U.S. interest rates at rock bottom, taking further support from the foreign exchange market as the dollar languished against a basket of major currencies.

Royal Dutch Shell, the world's third largest oil and gas company, reported a $7.7 billion profit in the first quarter on Thursday, giving the company an 11 percent increase compared to the same period a year ago.

As Google is expected to collaborate with Samsung Electronics for its next Galaxy smartphone, HTC may be teaming up with Facebook for a new device that could see a third-quarter release.