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By Dylan Stableford | The Ticket It won't be nearly as controversial as Time magazine's breastfeeding cover , but Newsweek's May 21 issue declares Barack Obama the country's "first gay president." The accompanying cover story was written by Andrew Sullivan, the popular--and openly gay--political blogger. The magazine even gives the commander-in-chief a rainbow halo. Obama, Sullivan writes, "had to discover his black identity and then reconcile it with his white family, just as gays discover their homosexual identity and then have to reconcile it with their heterosexual family." The full cover story is not yet online, but in a blog post published earlier this week , Sullivan wrote that Obama's support of gay marriage brought him to tears: I do not know how orchestrated this was; and I do not know how calculated it is. What I know is that, absorbing the news, I was uncharacteristically at a loss for words for a while, didn'...

By BARBARA ORTUTAY NEW YORK (AP) — He famously wears a hoodie, jeans and sneakers, and he was born the year Apple introduced the Macintosh. But Mark Zuckerberg is no boy-CEO. Facebook's chief executive turned 28 on Monday, setting in motion the social network's biggest week ever. The company is expected to start selling stock to the public for the first time and begin trading on the Nasdaq Stock Market on Friday. The IPO could value Facebook at nearly $100 billion, making it worth more than such iconic companies as Disney, Ford and Kraft Foods. At 28, Zuckerberg is exactly half the age of the average S&P 500 CEO, according to executive search firm Spencer Stuart. With eight years on the job, he's logged more time as leader than the average CEO, whose tenure is a little more than seven years, according to Spencer Stuart. Even so, the pressures of running a public company will undoubtedly take some getting used to. Once Facebook begins selling stock, ...

By John D. McKinnon Eduardo Saverin, the Facebook co-founder who gave up his U.S. citizenship, has nothing against the U.S., just its complicated rules on U.S. citizens holding money overseas, a spokesman said. Mr. Saverin, who now lives in Singapore, decided last year to renounce his U.S. citizenship, a decision that was made public a few days ago. The move sparked an outcry among some tax experts who suspect he’s aiming to save on taxes. Although Mr. Saverin will have to pay a hefty exit tax for renouncing his citizenship, based on some calculation of his assets, Singapore is a relatively low-tax jurisdiction, particularly for foreign investors, and does not levy capital gains tax. Thus he could save in the longer term. [More from WSJ.com: How Facebook's Elite Skirt Estate Tax ] In a political environment that’s rife with talk of raising taxes on the wealthy, Mr. Saverin’s case could become another flash point. Saverin spokesman Tom Goodman said Sunday his renuncia...

By Tariq Malik | SPACE.com   The biggest full moon of the year, a so-called "supermoon," will take center stage when it rises this weekend, and may interfere with the peak of an annual meteor shower created by the leftovers from Halley's comet. The supermoon of 2012 is the biggest full moon of the yearand will occur on Saturday (May 5) at 11:35 p.m. EDT (0335 May 6), though the moon may still appear full to skywatchers on the day before and after the actual event. At the same time, the annual Eta Aquarid meteor shower will be hitting its peak, NASA scientists say. "Its light will wash out the fainter Eta Aquarid meteors," NASA meteor expert Bill Cooke of the Marshall Space Flight Center told SPACE.com in an email. Still, Cooke said there's a chance that the brightest fireballs from the meteor display may still be visible. A supermoon occurs when the moon hits its full phase at the same time it makes closest approach to Earth for...

    Virginia Heffernan is the national correspondent for Yahoo! News, covering culture and politics from a digital perspective. She wrote extensively on Internet culture during her eight years as a staff writer for The New York Times, and she has also worked at Harper’s, the New Yorker and Slate. Her new book, Magic and Loss: The Pleasures of the Internet, will be published in early 2013. --------------------------------------- As a masterpiece and a cultural catastrophe at once, Facebook is distinctly American. It represents a social regime that’s scintillating and hideous. The values intrinsic to it—velocity, wit, growth, exhibitionism and “connectivity”—can seem superficial, but they’re ours. This week, the Facebook brass are making housecalls to investors, using razzle, dazzle and astral projections to justify valuing the eight-year-old company at a big, round $100 billion. This comes in preparation for Facebook’s midmonth initial public offering—w...