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Robbie Maddison, Levi LaValle break records at Red Bull New Year's Eve event: Video

Now that Red Bull has its hooves in all forms of motorsport, it's fitting that for New Year's Eve, it staged a tandem record-setting jump with a motorcycle and a snowmobile. Rider Robbie Maddison and snowmobiler Levi LaValle took to the stage on Dec. 31, 2011, in San Diego to perform the dual jump.

GM cuts Facebook ad spending, but Ford steps on the gas

On the eve of Facebook's wildly anticipated initial public stock offering, General Motors said May 15 that it will stop buying advertisements on Facebook--about $10 million a year--but "remains committed" to the social network as part of "an aggressive content strategy with all our products and brands." In other words, GM will not pay Facebook for ads but will continue to maintain content, for which Facebook doesn't collect revenue. News of the decision was reported in The Wall Street Journal. But GM's position is far from universal.

Video: Lexus' Calty design team on their LF-LC concept

Lexus has released an official video of its Lexus LF-LC concept, winner of the ‘Best Concept Car' at the 2012 EyesOn Design Awards. The video features comments from the design team at the company's Calty studio in Newport Beach, California, including Project Chief Designer William Chergosky, Senior Creative Designers Edward Lee and Ben Chang, Studio Manager Ian Cartabiano as well as President Kevin Hunter. The LF-LC hybrid sports coupe is the result of a brief to the Calty team to design a future hybrid sports coupe concept.