Facebook stock has highest close since May 21

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NEW YORK (AP) — Facebook closes at one of its highest prices since its initial public offering.

The stock rose $1.21, or 3.8 percent, to finish Friday at $33.05. It hasn’t closed above that price since May 21, the second day of trading.

The stock finished the week up 10 percent, the second straight week of increase.

Facebook is still 14 percent below its IPO price of $38 a share.

Facebook’s IPO has had a rocky ride. Its debut was delayed by trading glitches on the Nasdaq.

Investors have been concerned about its ability to increase revenue and make money from its growing mobile audience, though many analysts hold positive long-term opinions.

Facebook, along with investment banks that led the IPO, is the subject of dozens of shareholder lawsuits.

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‘Dark Knight Rises’ Producer: Nolan Will Never Direct Batman Again

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by Ethan Anderton

It’s pretty bold to say that something will never happen whether you’re talking about something as simple as eating meat or making a movie. But in the case of The Dark Knight Rises producer Emma Thomas, who is also the wife of Christopher Nolan, we’re inclined to believe her statement that the filmmaker will never be in the director’s chair of another Batman film following the conclusion of his trilogy. In an interview with SFX Magzine (via Movies.com), Thomas was asked of the possibility of Nolan returning to the universe of the Caped Crusader and she definitively said, “No, never. No, that’s truly a never.”

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Macbook Pro with Retina Display review

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Apple ports Retina Display technology from iOS to the Mac, and the results are nothing short of spectacular

by J.R. Bookwalter

Apple again cemented its reputation as manufacturer of lust-worthy electronics with the introduction of a new 15-inch MacBook Pro with Retina Display before 5,000 jubilant developers at this year’s WWDC keynote. But is the latest model worth the extra dough, especially with several key features missing in action that pro users depend upon?

The answer depends on how deep your pockets are, with the sleek new model starting at $2199 and topping out at $3749 (before tax) including build-to-order options (faster processor, more memory, higher capacity storage). However, if you rely on CD or DVD media, Gigabit Ethernet or FireWire 800, you’ll want to budget $137 on top of that to replace features lost as a result of slimming down the notebook by 25 percent.
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E3 2012: New Samsung Cloud Gaming Smart TVs to Compete with Sony, Microsoft and Nintendo Consoles

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by John Gaudiosi

The company enters the video game business with a product that offers hundreds of streaming games through Gaikai cloud service.

Samsung Electronics Co., Ltd., is showcasing its cloud-based gaming service, Samsung Cloud Gaming, at E3 2012. Samsung Cloud Gaming, developed in partnership with Gaikai, a leading cloud-based video game platform provider, will stream a mix of family-friendly and AAA video games directly to owners of 2012 Samsung LED 7000 series and up Smart TVs in the U.S. Within 12 months over 40 million TVs are expected to be able to stream console-quality hit games without needing any console or upgrades.
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Apple Tries to Stop US Sales of Samsung’s Galaxy S III

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By John Ribeiro

Apple has asked a court in California for a preliminary injunction against Samsung’s Galaxy S III smartphone, ahead of its U.S. launch, claiming the device infringes at least two of its patents.

Samsung said earlier this month that the Galaxy S III will be available in the U.S. starting this month from five carriers, including AT&T, Sprint, T-Mobile, Verizon Wireless and U.S. Cellular. The smartphone was launched in May in the U.K.
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Billboard Hot 100 Singles – Week of June 09, 2012

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1. Gotye f/ Kimbra, “Somebody That I Used To Know”
2. Carly Rae Jepsen, “Call Me Maybe”

3. Maroon 5 f/ Wiz Khalifa, “Payphone”
4. fun. f/ Janelle Monae, “We Are Young”
5. Nicki Minaj, “Starships”
6. Flo Rida f/ Sia, “Wild Ones”
7. One Direction, “What Makes You Beautiful”
8. The Wanter, “Glad You Came”
9. Justin Bieber, “Boyfriend”
10.Phillip Phillips, “Home”

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