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LivingSocial, the second-largest website devoted to daily coupons, is selecting investment banks for an initial public offering that may value the company at $10 billion to $15 billion, according to a person with direct knowledge of the talks.

One of Silicon Valley’s most powerful venture-capital firms, Andreessen Horowitz, is adding former Treasury Secretary Larry Summers to its team.

Facebook has confirmed it hired George Hotz, a celebrated hacker known as “GeoHot” who was sued by Sony for hacking the Japanese company’s PlayStation 3 game console.

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U.S. stocks rallied on Tuesday, with the Dow jumping 145 points, as investors cheered a report showing home prices rose for the first time in nine months in April.

For the second time this year, Myspace is reportedly preparing to issue layoffs this week, slashing more than a third of its current staff.

Friends identified the pair as William and James Beck, 17, and said they were stabbed to death.

The U.S. military says two American troops have been killed in northern Iraq while conducting operations.

A children’s charity has called on the Scottish football club Hearts to sack one of its players who has been put on the sex offenders register.

GFWC is united in concern and grief for those who have been affected by the earthquakes and ongoing devastation in Japan.

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SecondMarket, a service used to buy and sell shares in high-profile, closely held companies, has been sued by a firm alleging that it paid for stock in Facebook Inc.

Burglars’ jobs are made easier when you advertise you’re away on vacation on Facebook or Twitter: “Can’t wait til tomorrow! Going to France for a month!” “Hope our pooch Muffin won’t miss us while we’re in Italy for our anniversary, June 30″ or “Here we are in Aruba!” with photo galore of you on the beach thousands of miles away from your nest.

Surviving a background check just got tougher. And it’s soon going to get harder still, as Internet search technology grows more sophisticated.

Published: Thursday, June 23, 2011, 11:25 AM Updated: Thursday, June 23, 2011, 6:38 PM Ryan M.L. Young A square dancing demo by the Grand River Squares was part of last weekend’s West Michigan Pride Festival at Riverside Park.