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BEIJING, May 19 (Xinhuanet) -- LinkedIn said Wednesday that its stock will debut at 45 U.S. dollars per share, a higher price than the company was expecting even earlier this week, media reports said.The first major U.S. social networking firm to go public, LinkedIn jacked up its initial public offering (IPO) share price for 7.84 million shares to 45 dollars just a week after it first set a target of 32-35 dollars per share.It minted LinkedIn with a market value of more than 4 billion dollars, the highest for a U.S. Internet company taking its first bow on Wall Street since Google Inc. went public nearly seven years ago.The sale could bring in more than 354 million dollars. The company's shares are expected to begin trading on the New York Stock Exchange on Thursday under the symbol "LNKD".LinkedIn has more than 100 million members in over 200 countries and territories. In 2010, the company made 15 million dollars in profit on 243 million dollars in revenue, according to its SEC filing.LinkedIn's biggest shareholder is its founder and chairman, Reid Hoffman, who owns more than 21 percent of the company.

LOS ANGELES, May 12 (Xinhua) -- A subsurface ocean of molten or partially molten magma exists beneath the surface of Jupiter's volcanic moon Io, the Jet Propulsion Laboratory (JPL) said on Thursday."The finding heralds the first direct confirmation of this kind of magma layer at Io and explains why the moon is the most volcanic object known in the solar system," JPL said in a press release posted on its website.The finding was based on new data analysis from NASA's Galileo spacecraft, said JPL.The research was conducted by scientists at the University of California, Los Angeles; the University of California, Santa Cruz;, and the University of Michigan, Ann Arbor. The study is published this week in the journal Science, JPL said."Scientists are excited we finally understand where Io's magma is coming from and have an explanation for some of the mysterious signatures we saw in some of the Galileo's magnetic field data," said Krishan Khurana, lead author of the study and former co- investigator on Galileo's magnetometer team at UCLA."It turns out Io was continually giving off a 'sounding signal' in Jupiter's rotating magnetic field that matched what would be expected from molten or partially molten rocks deep beneath the surface."Io produces about 100 times more lava each year than all the volcanoes on Earth, according to data released by JPL in Pasadena, Los Angeles.While Earth's volcanoes occur in localized hotspots like the "Ring of Fire" around the Pacific Ocean, Io's volcanoes are distributed all over its surface, JPL said, adding that a global magma ocean about 30 to 50 km beneath Io's crust helps explain the moon's activity."It has been suggested that both the Earth and its moon may have had similar magma oceans billions of years ago at the time of their formation, but they have long since cooled," said Torrence Johnson, a former Galileo project scientist based at JPL, an affiliation with NASA."Io's volcanism informs us how volcanoes work and provides a window in time to styles of volcanic activity that may have occurred on the Earth and moon during their earliest history," said Johnson, who was not directly involved in the study.NASA's Voyager spacecraft discovered Io's volcanoes in 1979, making that moon the only body in the solar system other than Earth known to have active magma volcanoes. The energy for the volcanic activity comes from the squeezing and stretching of the moon by Jupiter's gravity as Io orbits the largest planet in the solar system.Galileo was launched in 1989 and began orbiting Jupiter in 1995. Unexplained signatures appeared in magnetic field data from Galileo flybys of Io in October 1999 and February 2000. After a successful mission, the spacecraft was intentionally sent into Jupiter's atmosphere in 2003.

LOS ANGELES, April 20 (Xinhua) -- Hundreds of homes were evacuated on Wednesday in Monument, U.S. state of Colorado after hydrochloric acid was leaking from a train car, authorities said.The leak was first reported around 1 a.m. local time when a southbound train spotted a vapor trail on a northbound train, the Denver Post reported.Authorities first ordered the evacuation of some 255 homes, and later expanded the evacuation to an additional 160 homes, according to the report.Schools in the area were closed due to the leaking, the report said.A specialized crew from Texas has been dispatched to the scene to transfer the hydrochloric acid leaking from the train car and is expected to finish the job in four or five hours, weather permitting, the report quoted Sgt. Mike Schaller of the El Paso County Sheriff's Office as saying.The leak is contained but hydrochloric acid is still leaking slowly from the tanker, which holds 25,000-30,000 gallons, Schaller said.He said police went door-to-door notifying residents of a subdivision adjacent to the railroad tracks to evacuate as a precaution.No injuries have been reported, he said, but residents have been warned that they may have to be out of their homes until Friday as hazardous material crews offload the acid to another container.The northbound train originated in Kansas and was en route to Denver at the time, the Denver Post said.It's not yet known how much hydrochloric acid leaked from the train car.Once the leak is sealed, crews will remove the hydrochloric acid from the damaged car to a new car that will likely continue into Denver, according to the report.Monument is a town of 3,230 residents 88 kilometers south of Denver.

BEIJING, Feb. 8 (Xinhua) -- China's aviation authorities announced on Tuesday that more passengers traveled by air during the Spring Festival holidays, with Chinese airlines handling some 5.07 million passengers during the period.The number of passengers on flights during the Chinese Lunar New Year holidays, which ended Tuesday, was up 6 percent from the same period last year, according to the Civil Aviation Administration of China (CAAC).On average, 72 percent of the seats on flights across the country were loaded during the holiday travel season, up 2 percentage points from the same period last year, according to the CAAC.To prepare for the holiday travel surge, the CAAC arranged 38,992 flights during the holidays, including eight chartered flights to Egypt to fly home 1,796 Chinese travelers stranded amid massive protests in the African country.

NAIROBI, Feb. 23 (Xinhua) -- The East Africa Community (EAC) and the Chinese government held talks on Wednesday to explore new areas of cooperation and boost trade between both sides.A statement from the EAC Secretariat said China's Ministry of Commerce Director Department of West Asian and African Affairs Chai Zhijing held discussions with Secretary General of the East African Community Juma Mwapachu on bilateral cooperation. "The Chinese delegation were at the EAC Headquarters to explore areas of cooperation specifically trade and investment opportunities in areas such as agriculture, animal-husbandry, production and processing of mineral and other natural resources, manufacturing, commerce and logistics, and tourism," the statement said.It noted that the delegation wants to know how China could support and facilitate cross-border infrastructure projects such as transport, communication and power.The Chinese and EAC officials also discussed cooperation in human resource development and training.Speaking during the meeting, Mwapachu said the visit by the director will open further the cooperation space between China and the EAC.He said the prevalence of Chinese firms in the region was very high in the construction industry and some other infrastructural developments.He noted that Chinese companies were involved in the construction of the EAC Arusha-Namanga-Athi River Road projectThe EAC secretary general said the regional economic bloc, which comprises Kenya, Uganda, Tanzania, Rwanda and Burundi, was truly looking forward to forging a lasting relationship with China.Chai said China has very good economic and cultural relations with all the five partner states of the East African Community and that all the five states were enjoying economic stability.He said EAC had a reputable framework for integration and development for the region, adding that "these form the solid basis for establishing cooperation with the People's Republic of China."The two sides agreed to come up with a concrete framework for engaging each other in the identified areas of cooperation, within one month.