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SpaceX launches new era in space travel - CNET Update

2012-05-18
today we have liftoff it's a new era for social media for space exploration and for shoes I'm Bridget Carey and this is your cnet update despite all the hype facebook stock ended its first publicly traded a right where it began at thirty-eight dollars a share CEO Mark Zuckerberg rang in the Nasdaq opening bell virtually from the Silicon Valley campus and later shares began treating at around 42 dollars it was actually a half hour late to trade because of a glitch at the NASDAQ exchange it didn't take long for the stock dropped back down to 38 dollars by the time the market closed it's the largest initial public offering by an Internet company and Facebook raised sixteen billion dollars from it that's almost 10 times with Google raised when it went public in 2004 you probably won't see an IPO like this again and right after shares went public Facebook was hit with a class-action lawsuit that claims Facebook invaded privacy for tracking users after they logged out the lawsuit combines 21 cases across the US and it's asking for 15 billion dollars in damages or about ten thousand dollars per facebook user a Facebook spokesman told Bloomberg quote the lawsuit is without merit and we will fight it vigorously Samsung's Galaxy s3 reportedly already has more than nine million pre-orders according to a korean newspaper the galaxy has three debuts at the end of May in Germany and eventually will go on sale in the US sometime this summer comcast is ditching its data cap max of 250 gigs a month and now it's adding a new pricing structure once users go past 300 gigs of data it will charge customers ten dollars for every extra 50 gigs use that month on Saturday the world enters a new era in space exploration SpaceX will make history as the first commercial company to send spacecraft to the International Space Station withheld from NASA at Cape Canaveral it will launch the Falcon 9 rocket which will be carrying supplies to the space station it's an unmanned mission and will last 21 days a live stream of the launch events begins at four a.m. eastern and there's no better way to ring in the moment than by dressing like an astronaut nike has launched nike craft a sportswear line of items made from bizarre materials to help you survive a mission to space such as the Mars yard shoe it's a sneaker made from the same material used in the air bags of the Mars rover it's inspired by the artist Tom sax and his installation in New York called space program Mars that's your tech news update for today for more on the stories in today's show visit cnet com / update from our studios in New York I'm Richard Carey
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