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Exclusive: Zynga aims for $10 billion valuation in IPO

NEW YORK, Nov 30 - Facebook games developer Zynga Inc is seeking a lower-than-expected $10 billion valuation for its initial public offering, which is to be priced on December 15, two people close to the process said on Wednesday.
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Facebook settles privacy case with FTC

Facebook will be required to get user consent for certain changes to privacy settings as part of a settlement of federal charges that it deceived consumers and forced them to share more personal information than they intended.
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Emma Sullivan Tweet: Kansas Gov. Apologizes, District Backs Down

Emma Sullivan will no longer have to apologize to Gov. Brownback. Instead, the governor has issued his own apology, saying his office over-reacted, and the school district is similarly backing down. As Sullivan returns to school, analysts say the Twitter battle shows a widening divide between government officials and social media as technology evolves.
iOS 5.1 Beta Seeded to Developers

iOS 5.1 Beta Seeded to Developers: Jailbreakers Beware, You Can't Downgrade

Apple Inc. has released the beta of iOS 5.1, the upgraded version of its newest mobile operating system, to developers; iOS 5 was similarly released, a month ago. Questions are being asked if the forthcoming version of the operating system will be free from the bugs that plagued its predecessors. It is also interesting to note that Apple went straight to a 5.1 version, skipping iOS 5.0.2.
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Facebook Gearing up for 2012 IPO: Source

Facebook, the world's largest Internet social network, is preparing for a initial public stock offering next year, according to a source familiar with the matter.
Computer scientists quantify photo retouching.

Retouched Photos Exposed by Computer Scientists

Instead of speculating how much retouching a cover model has received, secretive in most magazines and ad agencies, a computer science duo figured out a way to quantify the level of manipulation.

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