Facebook stock debut but fails to sizzle

Now that Facebook's finished its first day on the market, it's time to figure out what it all means. Here is the best commentary from the big day.

NEW YORK - It was barely a "like" and definitely not a "love" from Facebook investors as the online social network's stock failed to live up to the hype in its trading debut Friday.

One of the most highly anticipated IPOs in Wall Street history ended on a bland note, with Facebook's stock closing at $38.23, up 23 cents from Thursday night's pricing.

That meant the company founded in 2004 in a Harvard dorm room is worth about $105 billion, more than Amazon.com, McDonald's and Silicon Valley icons Hewlett-Packard and Cisco.

It also gave 28-year-old CEO Mark Zuckerberg a stake worth $19,252,698,725.50.

"Going public is an important milestone in our history," Zuckerberg said before he symbolically rang Nasdaq's opening bell from company headquarters at 1 Hacker Way in Menlo Park, Calif. "But here's the thing: Our mission isn't to be a public company. Our mission is to make the world more open and connected."

Meijer Grocery Breaks Ground at Detroit’s Gateway Marketplace

DETROIT (Tell Us Det) - The long absence of major grocery chains in Detroit has painted a bleak picture of the city as a food desert, those days may be coming to an end.

A groundbreaking ceremony for the Gateway Marketplace with Michigan based Meijer Grocery Store as the anchor tenant was held Thursday; it is the second time this week that a national grocery chain broke ground in Detroit, earlier Whole Foods Market celebrated plans to open a store in Midtown by 2013.

"Strategies“ the topic for final four Detroit Works Community Meetings

DETROIT - A discussion with Detroit stakeholders about possible strategies will be the focus of the final four Community Conversations being hosted by Detroit Works Project Long Term Planning (DWPLTP) on May 19, 21, 22, 23. The exercises used during the conversations will have participants use the project’s 14 Quality of Life Elements as a guide when suggesting their ideas for possible strategies.   

16th annual Youth Detroit Fishing Derby will be Saturday at Palmer Park

DETROIT, MI – More than 500 youths are expected to become anglers this Saturday, May 19, 2012 when the 16th annual Detroit Fishing Derby gets underway at Lake Frances in Palmer Park.

Spearheaded by Hook, Line and Sinker Inc. and co-sponsored by the Detroit Recreation Department, this free fishing derby will have two sessions in which kids ages 7-14 can participate. 

46th Annual Flower Day at Eastern Market in Detroit

DETROIT, MI The Metropolitan Detroit Flower Growers Association (MDFGA) and Eastern Market Corporation are partnering once again to host the most spectacular flower event in Michigan. The 46th Annual Flower Day is Sunday, May 20th, from 7 a.m. until 5 p.m. 

Whole Foods breaks ground on Midtown Detroit location

DETROIT (Tell Us Det) - Detroit residents, community partners, Whole Food Market Team Members and media joined to commemorate the start of construction on Whole Foods Market's new Detroit location. Mayor Dave Bing, U.S. Sen. Debbie Stabenow and Whole Foods Market Inc.'s co-chief executive Walter Robb took part in the ceremony.  

MLB Baseball All-Star Voting Continues

National League Pittsburg Pirates On-Deck at Comerica Park

DETROIT (Tell Us Det) - After the two game series in Chicago at U.S. Cellular Field, the Tiger’s will settle in for a home stand. The weekend will have the Tiger’s hosting the National League Pittsburg Pirates.

It is always special to see a National League Team. The Pirates bring forth the memory of Bill Mazeroski’s famous home run in 1960 at Forbes Field.  

SW Detroit breaths sigh of relief, new truck route opens near Ambassador Bridge

DETROIT (Tell Us Det) - Michigan is celebrating the opening of a new road designed to get thousands of trucks off residential streets near the Ambassador Bridge in Southwest Detroit.

Although the access route opened to traffic Monday afternoon, it was officially opened by Lt. Gov. Brian Calley, who addressed the community Tuesday morning near the bridge, which is a gateway to Windsor, Ontario, over the Detroit River.   

Graduation Season pits aspiring business owners vs. job seekers

DETROIT (Tell Us USA) - As thousands of students prepare to turn their tassels from right to left, after receiving their well-earned certificate, diploma, or degree, entrepreneur ship is an ever increasing option. Filled with insight, structure and the academic wherewithal, students are concerned about whether there will be an employment opportunity for them to apply this knowledge to.  

Savages assault, rob and carjack Pastor Marvin Winans at westside gas station

Detroit Police seeking 4 black males wearing white tee-shirts and dark jeans

DETROIT (Tell Us Det) - Internationally known gospel singer and Detroit pastor Marvin Winans was assaulted and carjacked Wednesday afternoon at a CITGO station on the corner of Linwood and Davison on the city's west side.  

St. Mary's Polish Country Fair to deliver toe-tapping music and fun for kids  Memorial Day Weekend

ORCHARD LAKE, MI – St. Mary’s Polish Country Fair will host an award-winning line-up of local musical acts on Memorial Day Weekend, May 25-28, 2012. Now in its 41st year, the nation’s largest high school country Fair will showcase sounds from nearly every musical genre. All performances all FREE of charge.

Chevrolet Detroit Belle Isle Grand Prix Announces "PNC Bank Free Prix Day"

DETROIT, MI - The Chevrolet Detroit Belle Isle Grand Prix (CDBIGP) today announced that the return of world-class auto racing to the Motor City, June 1-3, will include a series of free events presented by PNC Bank.

“We are excited to continue the long-standing tradition of ‘Free Prix Day’ thanks to support by PNC Bank,” said Bud Denker, event chairman of the Chevrolet Detroit Belle Isle Grand Prix.  

6th Annual Detroit River Days Festival announces new activities

DETROIT (Tell Us Detroit) The Detroit River Front Conservancy once again joined partners to announce the exciting programming details for this year's 6th Annual Detroit Days Festival at the GM Wintergarden at the GM Renaissance Center in Detroit.  

Open: Young people can register for Metro Detroit Youth Day, held July 11 on Belle Isle

DETROIT - Youngsters between the ages of 8 and 15 years of age who have not already registered to participate in the 30th annual Metro Detroit Youth Day, now is the time to do so.

The annual event which draws more than 35,000 youngsters to the athletic field on Belle Isle will be held July 11, 2012 and take place from 8:30 a.m. to 2:30 p.m.

Registration Opens for 6th Annual ARISE DETROIT! Neighborhood Days August 4

More than 100 events will be held,  volunteer projects, back-to-school fairs, garage sales,, community art displays, church programs

DETROIT – Registration is open for community groups, block clubs, churches and businesses to be part of the sixth annual ARISE Detroit! Neighborhoods Day, which will be held Saturday, Aug. 4 in neighborhoods throughout Detroit.  

Detroit Tigers Salute Negro Baseball League This Weekend
 
Sporting Detroit Stars throw-back uniforms is Tigers power hitter, Miguel Cabrera and infield coach Rafael Belliard. (Photo by HB Meeks/Tell Us Detroit)

DETROIT (Tell Us Det) – The Detroit Tigers host the franchise’s annual Negro Leagues Weekend May 18-20, as the Tigers host the Pittsburgh Pirates. On Saturday, May 19 the Tigers will represent the Detroit Stars while the Pirates represent the Pittsburgh Crawfords during the 15th annual Negro Leagues Tribute Game. The seventh annual Negro Leagues Weekend marks the first – and longest running – three-day celebration of its kind in Major League Baseball.  

Diverse performers add local flare to Chevrolet Detroit Belle Isle Grand Prix lineup

The Chevrolet Detroit Belle Isle Grand Prix will return June 1-3. (Photo by Thomas Richardson/Tell Us USA News Network)

DETROIT, MI - A number of well-known local performers – including some legendary Motor City acts – will add to an impressive entertainment lineup at the June 1-3 Chevrolet Detroit Belle Isle Grand Prix.

Grand Prix organizers proudly announced that Motown pioneers the Four Tops will perform the United States National Anthem prior to the start of the IZOD IndyCar Series race – the Chevrolet Indy Grand Prix presented by shopautoweek.com – on Sunday, June, 3. Known for their numerous hits including “Baby I Need Your Loving” and “Reach Out I’ll Be There,” the Four Tops have come to symbolize the Motown sound.  

Donna Summer, Queen of Disco, dies at 63


NEW YORK - Disco queen Donna Summer, whose pulsing anthems such as "Last Dance," "Love to Love You Baby" and "Bad Girls" became the soundtrack for a glittery age of sex, drugs, dance and flashy clothes, has died. She was 63.

Her family released a statement saying Summer died Thursday morning and that they "are at peace celebrating her extraordinary life and her continued legacy." 

Links,  shine spotlight on Breast and Cervical Cancer survival at annual Pink Ball


DETROIT (Tell Us Det) - The Pink Ball 2012 held this past Saturday was an overwhelming success. The event was a sell-out, and for a great cause. More than 500----people came together in the elegantly decorated ballroom of the Detroit Marriott Renaissance Center to support the Greater Wayne County Chapter of The Links, Inc. in their effort to shine the spotlight on and raise money for Breast and Cervical Cancer screening.  

Deadline Det Report: Carmen Harlan's Son  Bill Ford's Daughter to Wed


DETROIT - In a merger that is sweet, cross-industry and very Detroit, the children of two Motor City icons are planning to marry.

They are Ellie Ford, daughter of William Clay Ford Jr. and Lisa Ford, and Joseph Cobb, son of Carmen Harlan and Joseph Cobb.

“Dark Shadows” takes a bite out of the box office this weekend

Dark Shadows Fans will be mesmerized by Johnny Depp’s performance in “Dark Shadows”

DETROIT (Tell Us USA) - Don’t let the funny; trailers from the movie “Dark Shadows” fool you. This is a dramatic film that takes its Vampires seriously. I was expecting a more hilarious take on the “Dark Shadows” hit TV series we all watched and loved.

Cookin’ With Ritzy Reds and Livin’ Grand


DETROIT (Tell Us Det) - Watch out Food Channel Network, there’s the possibility of competition from the Ritzy Reds Livin’ Grand Red Hatters. Skillets were smoking and ingredients were being tossed around under the skillful eye of Chef Leonardo at the Detroit Seafood Market in downtown Detroit.  

Samsung Galaxy Tab™ 7.7 available only on the Verizon Wireless Network

World’s Thinnest 4G LTE Tablet on America’s Fastest, Most Reliable 4G Network

BASKING RIDGE, N.J. – Announced at this year’s Consumer Electronics Show (CES), the Samsung Galaxy Tab™ 7.7 is now available in Verizon Wireless Communications Stores and online at www.verizonwireless.com.