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Zynga dips below IPO price - Yahoo! News

(Reuters) - Zynga Inc shares opened as much as 10 percent above their offer price on Friday but then rolled back below the IPO price, showing that investors were still concerned about its dependence on Facebook and its growth prospects and that demand for hot tech IPOs may be waning.

In the opening minutes of trading on the Nasdaq the stock rose 10 percent to $11.00. But then they fall back and were down 1 percent at $9.90.

When asked about the price drop, CEO Mark Pincus said in an interview there were "no regrets."

"Our approach has always been to focus on the longterm," Pincus said. "We thought this was the right time to go public."

"We're going to focus on the products and business results we deliver in the next four to eight quarters and hope the stock market values and appreciates that as they see us deliver it," he added.

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Ancient super-predator eyes found in Australia - Yahoo! News

Australian scientists on Thursday hailed the discovery of a pair of insect-like eyes belonging to a freakish prehistoric super-predator which trawled the seas more than 500 million years ago.

Measuring three centimetres (1.2 inches) across and with a whopping 16,000 individual lenses the fossilised eyes, from a huge shellfish-type creature called anomalocaris, were found in rocks on Australia's Kangaroo Island.

Anomalocaris could grow up to one metre long and were considered the "great white shark" of the Cambrian era, topping the ancient marine food chain, according to lead researcher John Paterson.

Modern-day houseflies have about 3,000 lenses in their eyes, while dragonflies have about 30,000 -- the only creature known to have more lenses than anomalocaris.

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Unseen Jackson film valued at $6-8 million goes unsold - Yahoo! News

LONDON (Reuters) - Previously unseen footage of Michael Jackson's 1993 "Dangerous" tour, which had been expected to fetch 4-5 million pounds ($6.2-7.8 million) failed to sell at auction in Britain on Saturday.

"At this stage it has not sold," said a spokesman for The Fame Bureau auctioneers, who specialize in pop memorabilia. "We are still talking to people, but online it did not sell."

He said he was confident a buyer would be found, although "nothing is a certainty."

The auction house said it had been forced to remove a brief clip of the video from its website before the online auction after Jackson's record label made a "copyright claim."

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Bee Gee Robin Gibb says he's improving - Yahoo! News

LONDON (AP) — Bee Gee Robin Gibb says on his website that he is recovering from a serious illness.

The star says he has been "very unwell" but is now "on the road to recovery."

Gibb's extremely gaunt appearance and the cancellation of several public appearances have sparked fears that he is seriously ill. He was hospitalized last month with colon inflammation and other problems but has been discharged.

The 61-year-old Gibb thanked his fans Wednesday for their messages of support. He said he was grateful for their prayers and good wishes.

The Bee Gees have sold millions of records and are best known for the "Saturday Night Fever" soundtrack which includes the hit "Stayin' Alive."

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Michael Jackson top earner among dead celebrities - Yahoo! News

LOS ANGELES (Reuters) - Michael Jackson was named this year's top-earning dead celebrity on Tuesday in a list compiled by financial website Forbes.com, earning the title for the second year in a row following his death in 2009.

"Thriller" singer Jackson, who died aged 50 of a drug overdose, is estimated to have earned $170 million in the past year, which also places him as the second highest-earning pop music act this year, dead or alive, Forbes.com said.

Jackson's physician at the time of his death, Dr. Conrad Murray, is currently on trial in Los Angeles, charged with involuntary manslaughter for administering the powerful anesthetic propofol as a sleep aid for the singer in Jackson's home. Murray has pleaded not guilty.

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Magnolia Pictures acquires rights to "Waltz" - Yahoo! News

LOS ANGELES (TheWrap.com) - Magnolia Pictures has picked up U.S. rights to Sarah Polley's "Take This Waltz," which premiered at the Toronto film festival last month.

Magnolia announced Monday that it plans "a robust theatrical release" early in the summer of 2012. It also plans a significant film festival presence and a release through Magnolia's Ultra VoD program.

The movie stars Michelle Williams, Seth Rogen, Luke Kirby and Sarah Silverman and is about a woman who struggles to choose between her husband, whom she loves, and the handsome artist who lives across the street.

Susan Cavan produced with Polley.

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Matt Reeves heading to "The Twilight Zone" - Yahoo! News

LOS ANGELES (TheWrap.com) - Warner Bros. wants "Cloverfield" director Matt Reeves to take on "The Twilight Zone," TheWrap has confirmed.

Reeves is in negotiations with the studio to direct the latest iteration of Rod Serling's creepy television series.

The movie's not yet greenlit, so it's still officially in the development stage. But it has the significant backing of Appian Way's Leonardo DiCaprio and Jennifer Davisson Killoran, who are producing.

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MTV searching for next "Beavis" - Yahoo! News

NEW YORK (TheWrap.com) - On October 27 "Beavis and Butthead" will return to the airwaves almost 15 years after it left. What you may not know is that MTV, which originally aired the show, is now looking for the next "Beavis and Butthead."

Mike Judge's seminal show got its start on "Liquid Television," a show that promoted boundary-pushing animation in the early 1990s. In addition to "Beavis," "Liquid Television" was also home to shows such as "Aeon Flux" and "Cartoon Sushi."

MTV announced the return of "Liquid Television" on Thursday, only this time across all platforms and with the archives from the old shows available for viewing.

It will begin digitally with its recently launched website Tumblr and Facebook page. However, its content will also appear on-air, as it did Thursday night when a music video form "Wallpaper" aired after "Jersey Shore."

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Judge tosses Iraq vet's lawsuit over 'Hurt Locker' - Yahoo! News

LOS ANGELES (AP) — A federal judge on Thursday dismissed a lawsuit filed by an Iraq war veteran who claimed "The Hurt Locker" was based on his experiences as a bomb disposal expert.

The ruling by U.S. District Judge Jacqueline Nguyen ends Sgt. Jeffrey Sarver's case against the producers of the Oscar-winning film, its screenwriter and director Kathryn Bigelow.

Sarver sued over the film days before it went on to win best picture at the Academy Awards in 2010. He claimed screenwriter Mark Boal based the film on him and that he was presented in a false light and suffered ridicule from fellow service members because of it.

Nguyen rejected those arguments and ruled that Sarver was unlikely to win the case if it proceeded.

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Wall Street climbs on Slovakia talks optimism - Yahoo! News

NEW YORK (Reuters) - Stocks opened higher on Wednesday, putting the S&P 500 on track for its sixth winning day in the past seven on optimism that Slovakia would reach a deal to expand the euro zone rescue fund.

Slovakian lawmakers were expected to ratify the rescue fund plan. The country's parliament failed to approve a deal on Tuesday as the opposition party abstained as a way to help topple the government. Slovakia is the last country in the 17-member currency zone left to approve it.

German Chancellor Angela Merkel weighed in, saying she expected full ratification by the European Union summit on October 23.

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