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Goldman Sachs Thinks Facebook is Worth $50 Billion

DealBook is reporting that Facebook has received $500 million from Goldman Sachs and another Russian firm, as part of a deal that valued the social network at $50 billion. That valuation places Mark Zuckerberg's company ahead of eBay, Yahoo and Time Warner, and may put some additional pressure on Zuck to finally take Facebook public. When he does, expect Goldman to be by his side. ...

'Free Public WiFi' Isn't a Normal Wireless Network. It's a Zombie.

If you've ever found yourself looking to hop onto a free wireless network while killing time at an airport, you've probably come across an available network called 'Free Public WiFi.' At first, you think you've hit the jackpot. It's free. It's public. It's Wi-Fi. Game on. A few seconds after you attempt to connect, though, you realize that this so-called wireless network doesn't actually provide ...

Police Cameras Catch Couples Getting Cozy

In the U.S., couples that publicly slobber over each other earn the disgust of the people around them ... maybe the errant empty beer gets thrown at them, but little else. In Beijing, however, PDA is sometimes viewed as a crime - - by accident. The city's widespread network of closed circuit cameras is monitored by computers, which, according to the Xinhua News Agency, may accidentally interpret ...