Facebook's price too high for a 'fad'?

Amazon may soon launch a front-lit Kindle, the postmaster pushes QR codes, and while Facebook has been called a "passing fad," its market value could surpass $100 billion.

Bridget Carey Principal Video Producer
Bridget Carey is an award-winning reporter who helps you level-up your life -- while having a good time geeking out. Her exclusive CNET videos get you behind the scenes as she covers new trends, experiences and quirky gadgets. Her weekly video show, "One More Thing," explores what's new in the world of Apple and what's to come. She started as a reporter at The Miami Herald with syndicated newspaper columns for product reviews and social media advice. Now she's a mom who also stays on top of toy industry trends and robots. (Kids love robots.)
Expertise Consumer technology, Apple, Google, Samsung, Microsoft, Amazon, Meta, social media, mobile, robots, future tech, immersive technology, toys, culture Credentials
  • Bridget has spent over 18 years as a consumer tech reporter, hosting daily tech news shows and writing syndicated newspaper columns. She's often a guest on national radio and television stations, including ABC, CBS, CNBC and NBC.
Bridget Carey
2 min read

In today's show, the postman always scans twice, a new Kindle could let you read in the dark, and catch all the Pokémon hiding in your living room:

CNET Update
Watch this: Facebook's price too high for a 'fad'?

We're keeping a close eye on Facebook as it prepares to go public on the Nasdaq this week. Values for its initial public offering are in the $34 to $38 range. At the high end, it would make Facebook worth more than $100 billion. But we will find out Thursday what the actual initial stock price will be.

But will it keep that high value for long? A poll shows most Americans think the stock is overvalued, and that Facebook is a passing fad.

Twitter has begun sending out a weekly email digest of the top tweets and stories relevant to who you follow. But if you use Twitter regularly, you already know what stories were big in the week. And every account is automatically enrolled in the email blast, leaving users to manually opt-out if they don't want the digest.

Amazon plans to release a front-lit e-ink Kindle in July, or so one source tells Reuters. That's a plus for those wanting the flexibility to read in sunlight and in the dark. Barnes & Noble already came out with its GlowLight Nook in April.

According to Vanity Fair, CBS has ordered a sitcom about two friends that work at Groupon. It'll be called "Friend Me."

In July and August, the United States Postal Service is giving a two percent discount on postage when a QR code is used on a card, letter or envelope. The code, which can be scanned by a smartphone app, must link the receiver to an online store or mobile-friendly website. The USPS is hoping this will encourage businesses to send more mail, and it could show how snail mail can engage customers.

Last week, we reported that the chief of the Foxconn factory said the facility is preparing to manufacture Apple televisions. Well apparently, no such thing was said. Foxconn denies any talk of an Apple television. (You just can never trust those Apple rumors.)

And if you ever wanted to catch Pokémon in real life, now you can -- well, sort of. Pokémon Dream Radar is an augmented reality game coming to the North American 3DS eShop this Fall. Using the 3DS camera, players can see Pokémon hiding in the real world. Catch 'em, and use the characters in other Pokémon games.

Want to share your thoughts on a story? Your questions and comments can make it on the show! Use Tout to message Bridget with a 15 second video reply from your webcam or smartphone camera. Or, simply post a reply video to the CNET YouTube channel. You can also write to update@cnet.com.

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