LinkedIn Valued At $100+ Per Share. Biggest IPO Since Google’s in 2004:
Professional social networking site LinkedIn officially went public this morning at $45 per share, valuing the company at $4.25 billion. Some of its critics argued that this was too high a valuation for a company that only made $243 million last quarter and expects to lose money this year, and while it remains to be seen over the long term whether those critics are right, in the short term, demand has far exceeded that value.
Lady Gaga Tops Forbes Celebrity 100 List:
The Queen Monster’s $90 million in earnings and mastery of social media pushed her past perennial winner Oprah Winfrey. Not that Oprah’s doing badly.
Obama’s Mideast Speech:
Zach Galifianakis Hates to Be Loved:
For two weeks in 1997, Galifianakis lived on this street in Hollywood where the Subaru is parked. In the Subaru. The actor and stand-up comic had moved to Los Angeles from New York City after getting a holding deal from NBC to star in sitcoms, but he didn’t want to ask his agent to rush the check.
50 Reasons Why The World Is Definitely Ending On Saturday:
A list of shit so ridiculous that it begs the question: would it be that terrible if it did?
Mississippi Flood Waters Roll South (Photos):
Collected here are images of the Mississippi and those caught in its path over the past few days — coping, watching and waiting.