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SAN FRANCISCO, June 13 (Xinhua) -- Social networking giant Facebook will likely go public in the first quarter of 2012 with a valuation that could top 100 billion U.S. dollars, U.S. media reported on Monday.In a report, CNBC quoted people familiar with the matter as saying that Facebook could submit filing to register its securities with the U.S. Securities and Exchange Commission (SEC) as early as October or November this year.People who are on Wall Street and track this information told the business news television channel that they think the Facebook initial public offering (IPO), if and when it happens could value the company of more than 100 billion dollars.A factor in the company's IPO timing is the SEC's requirement that companies must disclose financial information if they have more than 500 private investors."The company has until the end of April 2012 to disclose their financials, but they may just want to get ahead of that by doing a formal initial public offering, I'm told. And that could happen in the first quarter of the year," said CNBC Wall Street reporter Kate Kelly.Facebook is also facing internal pressure as employees have not been permitted to sell their private shares on the secondary market since last spring. An IPO would make it easier for employees to monetize their shares, said Kelly, citing sources.Facebook shares have been traded in private markets such as Sharepost.com, which puts the social networking company's valuation at 85 billion dollars.Meanwhile, latest data show that Facebook is losing users last month in the United States, Canada and several European countries, indicating that the company could have hit the limits of expansion in its mature markets.

CANBERRA, Sept. 23 (Xinhua) -- A genetic study on Friday found Aboriginal Australians are descended from the first people to leave Africa up to 75,000 years ago.Researchers from the University of Western Australia, Murdoch University and an international team analyzed genetic material of a 100-year-old West Australian Aboriginal man's hair, and found he was directly descended from a migration out of Africa into Asia.The study revealed that Australian Aboriginal ancestors split from the first modern human populations to leave Africa, between 64,000 and 75,000 years ago, at least 24,000 years before other human migrations.According to Dr. Joe Dortch, an archaeologist at the University of Western Australia, the discovery rewrites the history of the human species by confirming humans moved out of Africa in waves of migrations rather than in one single out-of-Africa diaspora.It also rewrites the story about how Aborigines arrived in Australia some 50,000 years ago."So far there are no [archaeological] sites that are over 50, 000 years old so it puts a time limit on that and focuses our future efforts," he said in a statement released on Friday.Dr. Dortch believes the finding will foster a sense of pride in modern Australian Aborigines."No-one else in the world can say 'I am descended from people who have been here 75,000 years'."Associate Professor Darren Curnoe, leader of the Human Evolutionary Biology Lab in the School of Biological, Earth & Environmental Sciences at the University of New South Wales, said the study powerfully confirms that Aboriginal Australians are one of the oldest living populations in the world, certainly the oldest outside of Africa."Australians are truly one of the world's great human populations and a very ancient one at that, with deep connections to the Australian continent and broader Asian region. About this now there can be no dispute," he told Xinhua in an email note.Meanwhile, Professor Alan Cooper, Director of the Australian Centre for Ancient DNA (ACAD) at the University of Adelaide, said while this is a major step forward, the key unresolved question remains the unique story of Aboriginal history within Australia, such as what has happened in those 50,000 years of life in the harsh Australian environment."Unfortunately, the information from a single individual tells us very little about this fascinating, and critically important part of human history. Aborigines are one of the oldest continuous human populations outside Africa, as they note in the paper, and due to the geographic isolation and limited archaeological records remain one of the most mysterious chapters in human history," he told Xinhua on Friday.The study is published on Friday in the journal Science.Indigenous Australians are the original inhabitants of the Australian continent and nearby islands. They together make up more than 2.5 percent of Australia's population.

LOS ANGELES, June 29 (Xinhua) -- The war on cloud intensified as Microsoft Office announced its decision on Tuesday to go cloud in an attempt to compete with its immediate but not last competitor, Google Docs.Microsoft holds a virtual monopoly on office productivity software. Most computer users in the world use the Office software for word processing, spreadsheet, presentation and other purposes. However, Microsoft Office faces a strong enemy -- Google Docs, which provides cloud service, that means users do not have to purchase any software to be installed on their computers. If they go online, they can start use the application, and they do not need to worry about their files, because the files also go with the cloud, and users can get access to their files at anytime, anywhere.The cloud-based Office 365 is designed for the mobile age when people go with their software and documents.The actual features and functionality of the tools have a lot of bearing on which productivity suite users choose. The Word Web App is more visually appealing and polished than its Google counterpart, but overall the two seem roughly equivalent in features.When tested on a sample presentation in both the PowerPoint Web App and Google Docs Presentation, the PowerPoint Web App immediately presented with a diverse selection of attractive themes to choose from, but Google defaulted to plain black text on a plain white background.On slide and image, in Google Presentations, the image filled the whole slide but the PowerPoint Web App was smart enough to size the image automatically.When push comes to shove, the features of the Office Web Apps in Office 365 are pretty much the same as what Google Docs has to offer. However, Microsoft makes key features easier to get to, and works more intuitively. For users already familiar with Microsoft Office, the Office Web Apps version is easy to use.Both Office 365 and Google Docs are Web-based platforms, and they will work from any Web browser. Google Docs excels in the Chrome browser while Microsoft Office 365 works best in Internet Explorer. It makes sense that each would make sure that their online productivity tools are optimized for performance and functionality in their own browser.Collaboration in real time is the primary selling point of Google Docs, which can be shared with any other Google account. The users who share a file can all access and work with it simultaneously. Each user is assigned a unique color so users can easily identify who is making changes to what.But in the price war, Microsoft can not beat Google Docs. Office 365 starts at six dollars per user per month for the Professional and Small Business plan. The Medium Business and Enterprise plans range from 10 to 27 dollars per user per month. But the Google Docs is free.Microsoft also faces a challenge on how to go cloud while still keep the computer-based Office software.Statistics showed that nearly nine of every 10 office computers runs one of the 14 versions of Office the company has released since the software's launch in 1989. The company now needs to convince those computer users, estimated at about one billion, to switch to Office in the cloud without disrupting the legacy version that is financing the transition.The growing cloud market is profitable. The International Data Corp. projected the market for cloud-computing services and software is expected to grow more than 27 percent annually over the next five years and reach 73 billion dollars by 2015.It is estimated that by 2015 one of every seven dollars spent on technology will be connected with cloud computing and the winners of the cloud platform wars will likely be the new power brokers of the IT industry.It is reported that Salesforce.com has added a communication technology called Chatter to its service to allow clients to communicate within its sales management cloud service. Amazon's Elastic Cloud has attracted enterprise customers because of its ability to scale up capacity to match peaks in client demand.By 2015, it is estimated that software-oriented cloud services will account for roughly three-quarters of all spending on public cloud services. Enditem

BEIJING, June 10 (Xinhua) -- The nation's drug watchdog on Friday publicized a draft national standard of sulfur dioxide residue in Chinese herbal medicine, which is open for public opinion until Sept. 9 this year.The maximum amount of sulfur dioxide residue is 400 mg in one kg of each of 11 specified kinds of herbal medicine, such as Chinese yams, Gastrodia elata and Codonopsis pilosola, according to the draft standard unveiled by the State Food and Drug Administration (SFDA).The standard provides a 150-mg-per-kg limit for all other kinds of herbal medicine.Fumigation with sulfur is used as a way of drying some herbal medicine by growers, and currently have no alternative that is both cheap and convenient.The SFDA said it doesn't favor the drying herbal medicine through fumigation with sulfur and urges research efforts to invent new alternatives.According to the World Health Organization, the tolerable maximum amount of sulfur dioxide that a human body can take in one day is 0.7 mg per kg, which means that an adult of 60 kg should not take in more than 42 mg of sulfur dioxide a day.Long-term exposure to high amounts of sulfur dioxide can cause damage to human body, especially the respiratory system, according to experts. 

WASHINGTON, July 8 (Xinhua) -- U.S. President Barack Obama on Friday hailed space shuttle Atlantis' final flight in NASA's shuttle program, saying Americans across the country watched with pride as America reached for the heavens once more.Obama expressed his "sincere gratitude" to Atlantis astronauts and space workers because they "helped our country lead the space age.""Today's launch may mark the final flight of the space shuttle, " Obama said in a statement. "But it propels us into the next era of our never-ending adventure to push the very frontiers of exploration and discovery in space."Friday's flight is the 33rd voyage for Atlantis. Its return to the earth later this month will mark the end of the 30-year shuttle program."What a truly awesome day today," said NASA Associate Administrator for Space Operations Bill Gerstenmaier at the STS- 135 postlaunch news conference. "What you saw is the finest launch team and shuttle preparation teams in the world.""It truly was an awesome, spectacular launch," added Kennedy Space Center Director Bob Cabana, who looked ahead to plans for future development beyond the shuttle program as space station operations continue.Atlantis will be the last shuttle to be retired. Discovery was first in March, followed by Endeavour at the beginning of June. Each shuttle will head to a museum.When the U.S. space shuttle program officially ends later this year, the Russian space program's Soyuz capsule will be the only method for transporting astronauts to and from the station.