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Ancestry.com has determined that President Obama is the 11th great-grandson of John Punch, the first documented slave in American history. The nation's first African-American president may be descended from America's first documented slave.

In groups of four, the soon-to-be graduates of LivingSocial’s inaugural Hungry Academy stepped in front of their peers last week to present their capstone projects: a fully functional Web site built to help school teachers raise money for classroom projects.

The Twitter hashtag #NBCfail – about the American network’s Olympic shortfalls — is covering a lot of ground. But a key early frustration was the online viewing experience.

A look at media coverage of the Summer Olympics: Even before NBC signed on for its coverage of the Summer Olympics in London on Friday, it drew a storm online for its decision not to stream the opening ceremony digitally. Despite the grumbling, it's a decision that may pay off for the network.

Facebook‘s first quarterly report is inspiring few new friends. The social network swung to a loss in the most recent period, casting fresh doubts on the company’s ability to monetize its giant user base. The Menlo Park, Calif.-based company posted a $157 million, 8 cents a shares, loss in the quarter, down from a $240 million profit. Excluding hefty stock compensation charges, Facebook earned $295 million, 12 cents a share. That meets the Wall Street forecast.

Google unveiled Fiber, its long-awaited Internet service that it says will operate at a speed 100 times faster than a typical broadband connection, in Kansas City. The company, which says it is trying to spur innovation, has put broadband providers on edge.

The company reported net income of $7 million, or 1 cent a share, on sales of $12.8 billion. It was less profit than analysts had estimated, but the revenue was in line with forecasts.

While some Twitter users reported intermittent updates via TweetDeck dashboard applications, the short-message website was down for many late Thursday morning.

Continuing questions about Journatic’s ethics and business practices came into sharp focus earlier this month with the discovery that it had supplied a story to the Chicago Tribune’s TribLocal edition that contained allegedly plagiarized and fabricated elements. The concerns first emerged when National Public Radio’s “This American Life” broadcast a story showing how Journatic used cut-rate staff in the Philippines to write stories using fake, American-sounding names.

The New York Times Company reported a second-quarter loss on Thursday because of a write-down in the value of About.com and continuing declines in print and digital advertising revenue.