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About Shawn Hess

Shawn Hess is a staff writer for WebProNews and an expert procrastinator. Follow Shawn on Twitter, on StumbleUpon, and .
Facebook IPO adds 50.6 Million Shares and Adjusts Price: $34 to $38 Facebook IPO adds 50.6 Million Shares and Adjusts Price: $34 to $38

We reported yesterday that Facebook was ready to close their books on their much anticipated IPO two days early as all of the shares were already spoken for. In fact, by most accounts the shares war already gone last Friday. …

Thompson Leaves Yahoo with No Severance but Makes Millions Thompson Leaves Yahoo with No Severance but Makes Millions

As you may recall, Yahoo and CEO Scott Thompson have agreed to part ways as of yesterday. Thompson, who found himself locked in a battle with activist Yahoo investor Dan Loeb and his venture capital firm Third Point, was accused …

Groupon Finally Earns a Profit, Stock Shoots Up 18% Groupon Finally Earns a Profit, Stock Shoots Up 18%

Groupon has shocked Wall Street with their first ever profitable quarter. Their first quarter 2012 financial report is in and things are looking really good. Revenue has increased almost 90% and they brought in $559.3 million as compared to only …

Dads Spend 50% More Time Online with their Kids [Infographic] Dads Spend 50% More Time Online with their Kids [Infographic]

The old cliche that dads are too busy to spend any time with their kids is the subject of this next inforgraphic from online schools.com. Yes it’s more common to see images of moms helping their children study and learn …

Why Are YouTube Video Views Falling? Why Are YouTube Video Views Falling?
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Google is changing the way YouTube does business and also the way they gage their success. While it used to be all about views or how many people clicked on a video, now it also matters how long people decide …

Facebook IPO is Already Sold Out Facebook IPO is Already Sold Out
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While experts in the investment industry were not so sure Facebook would be able to convince buyers that their stock was worth the price, Reuters reports today that they are ready to close the book on the IPO as soon …

Pinterest Image Guide for Users [Infographic] Pinterest Image Guide for Users [Infographic]
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If you are a Pinterest fan or you are just getting started using their virtual bulletin Boards, there are some things you might want to know in order to optimize your results with the site. This next infographic gives users …

Scott Thompson Leaves Yahoo After Cancer Diagnosis Scott Thompson Leaves Yahoo After Cancer Diagnosis

Some of us may have had our doubts about Scott Thompson’s claim that he had nothing to do with the perpetuated myth about him having a computer science degree, but regardless he has agreed to step down from his position …

Facebook Co-Founder Makes Excuses for Renouncing US Citizenship Facebook Co-Founder Makes Excuses for Renouncing US Citizenship
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As we reported on friday, Facebook co-founder Eduardo Saverin has renounced his United States citizenship which he has held since 1998. Saverin moved to the US from Brazil in 1992 and met the now the famous social network creator, Mark …

Yahoo Elects New Leadership as Thompson Steps Down Yahoo Elects New Leadership as Thompson Steps Down
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As I reported earlier today, Scott Thompson has decided to step down at Yahoo as CEO citing recently discovered health problems as the main reason. Some may say it comes at very convenient time as he was actively trying to …

Yahoo CEO Resigns and Third Point Wins Proxy Battle Yahoo CEO Resigns and Third Point Wins Proxy Battle
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Last week was a tough one at Yahoo. It started early in the week with CEO Scott Thompson trying to sidestep direct accusations that he purposefully introduced false academic credentials that showed he held a computer science degree. Claiming that …

Facebook Co-Founder Resigns Citizenship to Escape High U.S. Taxes Facebook Co-Founder Resigns Citizenship to Escape High U.S. Taxes
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If you haven’t been living under a rock you know Facebook is about to go public and that current estimates value the company in the $90 billion+ range. Essentially, everyone with stock in the company is about to have a …

The Education Foundation and Skype Launch Learning Lab The Education Foundation and Skype Launch Learning Lab

Skype has been working to integrate technology into the classroom for some time now and their latest partnership with the United Kingdom’s Educational Foundation will go a long way to bring value and expertise to that effort. The Education Foundation …

Tablets Replace the Idiot Box as Electronic Babysitter [Infographic] Tablets Replace the Idiot Box as Electronic Babysitter [Infographic]
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Do you remember all the derogatory names people had for the television when you were growing up? Some of my favorites were the boob tube, idiot box (image courtesy of Boysandgirls.ie), electronic fireplace, and electronic babysitter. This new Infographic from …

The Rise of Geosocial-Based Internet Services [Pew Research] The Rise of Geosocial-Based Internet Services [Pew Research]

It seems like everyday there’s another location-based service popping up to offer us an incentive to either broadcast our location of cash in on some exclusive deal. Sites like Foursquare and Gowalla were the focus of Pew Internet Research’s latest …

Facebook Stock Demand Outweighs Availability Facebook Stock Demand Outweighs Availability

Despite harsh criticism of Mark Zuckerberg’s less-than-professional fashion preferences and investors opinion that Facebook is way overvalued, demand for the stock already has investors lining up to get a piece of the social network. According to Yahoo news, a source …

Facebook Value Continues to Diminish In Investors Eye’s Facebook Value Continues to Diminish In Investors Eye’s

This morning Bloomberg published an article featuring a harsh criticism of Facebook CEO Mark Zuckerberg’s less-than-traditional business apparel. Apparently his signature hoodie is an insult to some crusty investors over on Wall Street who like all their monkey men to …

Sea Monster Strikes Fear Into the Heart’s of Twitter Fans Sea Monster Strikes Fear Into the Heart’s of Twitter Fans

If you think deep sea drilling is a dangerous job, you are right. There are countless hazards to someone’s health, but cameras on one rig off the shores of the United Kingdom captured something that is sure to strike fear …

Yahoo! CEO Never Actually Gave Out False Credentials Yahoo! CEO Never Actually Gave Out False Credentials
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The newest development in the Yahoo fake credentials debacle has surfaced and it has to do with how the fake credentials made their way into CEO Thompson’s biography. The first thing is that Thompson claims he never actually provided a …

Google Asks Judge for a Mistrial in Oracle Case Google Asks Judge for a Mistrial in Oracle Case

The latest development in the Google vs Oracle lawsuit, Google has asked the judge in the case to declare a mistrial. Essentially the jury did find that Google infringed on some of Oracle’s copyrighted Java API’s, but could not decide …

Another Expert Claims Facebook Valuation Problem Another Expert Claims Facebook Valuation Problem

Just recently Facebook introduced the price range for their upcoming IPO and the $28 to $35 per share price could raise as much as $13.6 billion for the social network. While many were predicting over a $100 billion valuation for …

Movie Fan Referral Site Raises $7m in Funding Round Movie Fan Referral Site Raises $7m in Funding Round

Are you looking for a place to become a fan of new and under construction film projects? Did you know there’s a very popular place for doing just that? Germany’s Moviepilot.de is place where people go to discover new films …

Reusable Grocery Bags are Filthy Garbage Reusable Grocery Bags are Filthy Garbage
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It’s a great trend, many people are choosing to buy reusable grocery bags rather than continuing to litter our landfills with thousands and thousands of paper and plastic shopping bags. It has also probably saved the stores involved thousands of …

Motorola Creates Innovative Optical Node Motorola Creates Innovative Optical Node

Motorola is getting ready to unveil their new VSN200 1 GHz 2X2 Optical Node at the 2012 Cable Show. It is the latest innovation in their 1 GHz BAN product portfolio. The concept that was driving the design and engineering …