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innovation & technology

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Nigerian man goes to China to find 'American dream,' launches social network

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Spartan Arinze is pursuing the American dream, in China. He's created a social network for Nigerians and Nigerians living in China called Gbooza! It's part Facebook, part Huffington Post and completely devoted to Nigerians. It's not a run-away success yet, but Arinze is confident.
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Facebook IPO: Discussing the social network's mobile question

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As the Facebook IPO approaches Friday, it's worth discussing just what is in store for Facebook in the world of mobile. While mobile use of Facebook is soaring, and already higher than desktop according to reports, Facebook hasn't figured out how to make money on mobile. Will that weigh down the stock?
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Facebook IPO raises question about company's future, innovative spirit

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Facebook makes its initial public offering on Friday, with signs pointing to a $100 billion value and potentially more demand than supply. But once the IPO has passed, there are questions about just how innovative Facebook can remain, and how qualified Mark Zuckerberg is to lead a multi-billion dollar company.
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Domestic drones could enhance surveillance but infringe on privacy

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Unmanned aerial vehicles commonly known as 'drones' may become a regular part of everyday life in the United States. President Barack Obama has reauthorized funding and requested new regulations permitting and overseeing the development of domestic drone technologies.
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Inventor works to save lives in the developing world

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The Lemelson MIT Prize recognizes inventors whose designs improve lives. This year's winner, Ashok Gadgil, helped bring light to 100 million people in the developing world, designed fuel-efficient cook stoves and created a simple way to purify water.
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VIDEO: South Korea introduces robot prison guard

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Researchers in South Korea are field-testing what is believed to be the first robotic, autonomous prison guard. Built in South Korea, the creation will monitor, analyze and report behavior that could be dangerous to the health, welfare and safety of prisoners and prisons themselves.
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Growing pains at Groupon as it tries to grow business

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Groupon was one of the fastest growing Internet companies ever. But the image was tarnish, especially when the online coupon giant came forward with financial reports revealing it had overstated its revenue. Now investors are wondering how long the Groupon model will last.
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Facebook announces $1 billion acquisition of Instagram

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The hot photo-sharing app Instagram has been purchased by Facebook, the largest social network on the Internet, for $1 billion in cash and stock, the two companies announced on Monday.
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VIDEO: Google's goggles? Search giant unveils Project Glass effort to mainstream augmented reality

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Google's making waves in the tech space with its unveiling of Project Glass, an effort to build augmented reality glasses, voice controlled, that could allow people to get more information about the world they're seeing in front of them.
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MIT professor explores planets for signs of life

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Professor Sara Seager is certain life has evolved on another planet. Seager, a planetary scientist and astrophysicist at M.I.T., is one of the leaders of the hunt for new planets that demonstrate evidence of life.
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