The Cricket's Daily 3: Facebook about to make billions
Published: May 18, 2012 09:24AM
Updated: May 18, 2012 09:24AM
The electronic screen on the front of the Nasdaq stock market announces the listing of Facebook shares that begin trading, Friday, May 18, 2012 in New York. The world's definitive online social network raised $16 billion in an initial public offering that values the company at $104 billion. (AP Photo/Mark Lennihan)

Here's what's happening today in pop culture:

• Facebook's IPO launches today - which brings up a joke I saw on Facebook this morning: "Why is Facebook going public? They couldn't figure out the privacy settings, either." [CNN]

• Having re-edited "Blade Runner" more times than people can count, Ridley Scott is finally hatching plans for a sequel - and is talking with the film's original writer, Hampton Fancher. [The Hollywood Reporter]

• Donna Summer, the "Queen of Disco," died Thursday at the age of 63, after battling cancer. [Los Angeles Times]