As we've noted before, 2011 has been a great year for Internet companies seeking to go public. Today, Zynga said it hoped to price its shares at $8 to $10 per share during its initial public offering later this month. Depending on whose math you trust, that means the company will try to raise about $1 billion and the debut could value the company at $7 billion. (Some news outlets are putting that number as high as $9 billion.)
What is Zynga you ask? They're the makers of social games like Farmville and Cityville.
The unemployment rate dropped unexpectedly to 8.6 percent in November, in part because hundreds of thousands of Americans stopped looking for work. But analysts said the modest increase of 120,000 jobs created last month points to an economy that's generally still limping.
In his book Spontaneous Happiness, Dr. Andrew Weil writes of an 'integrative' approach to mental health, warding off mild and moderate depression with an anti-inflammatory diet, exercise and activities such as yoga and meditation, rather than antidepressants.
Pigeons may not be known for their flying prowess, but they are actually pretty good at maneuvering right angles. Andrew Biewener and colleagues at Harvard's Concord Field Station caught pigeons in a parking garage, made a flying course in the lab and filmed the birds with high speed cameras to see how pigeons make tight turns.
In her new book, The Heights: Anatomy of a Skyscraper, author Kate Ascher sheds light on the infrastructure and services that make life and work possible in a modern skyscraper. She examines everything that goes into designing, building and maintaining these towering buildings.
Doctors are running out of effective antibiotics, as bacteria evolve ways to evade one drug after another. Now DARPA has called for alternatives to conventional antibiotics. Nanotechnologist Chad Mirkin discusses one such weapon--tiny globs of DNA and RNA that can switch off the bugs' antibiotic resistance. Nanotechnologist Chad Mirkin discusses next-generation antibiotics that target a bacterium's DNA.
Originally published on Fri December 2, 2011 1:10 pm
Secretary of State Hillary Rodham Clinton's visit to Myanmar, where she has pledged with opposition leader Aung Sang Suu Kyi to continue the push for democracy and respect for human rights there, has focused attention on that long-oppressed Asian nation.