Jasper Blackful, a member of TechShop Detroit, uses a vertical mill to construct a fishing rod holder at the facility in Allen Park, Michigan May 4, 2012. (REBECCA COOK - REUTERS) The DIY movement is joining forces with the Pentagon.

DARPA, the highly secretive Defense Advanced Research Projects Agency, is partnering with TechShop to continue work on iFab, a turn-on-a-dime factory that would allow the government to quickly and seamlessly create parts and products as needed.

This June 8, 2009, photo shows Jonathan Ive, right, Apple‘s senior vice president of Industrial Design, during an Apple meeting in San Francisco. (Paul Sakuma - AP)

That’s Sir Jonathan Ive to you.

Jonathan Ive, Apple’s senior vice president of industrial design, was knighted Wednesday by the princess royal, according to the BBC. Ive is behind the sleek all-in-one packaging unique to Apple’s products, including the iPod, iPad, iPhone, iMac and just about every other iProduct. His designs are among the most influential in the history of technology to date.

Parts of a mobile phone are pictured in this illustration photo taken in Berlin June 1, 2011. (PAWEL KOPCZYNSKI - REUTERS)

It is projected that there will be more than 10 billion mobile devices in use around the world by 2016, and a new report from Brookings Institution’s Darrell West outlines just how powerful mobile devices could be in the battle to bring down health care costs while simultaneously improving and expanding care.

The Facebook logo is seen on a screen inside at the Nasdaq Marekstsite in New York on May 18, 2012. (SHANNON STAPLETON - REUTERS)

Facebook’s eagerly anticipated IPO, which turned Mark Zuckerberg into a billionaire and a select group of Silicon Valley insiders into millionaires, has had a decidedly rocky debut, to say the least. Shares, which priced at $38 and advanced as high as $42 on the first day of trading, have tumbled out of the gate amidst a long list of potential problems: “embarrassing” glitches on the Nasdaq, investment bankers who priced the deal too high, and concerns from advertisers about Facebook's core business. While Facebook may have been “the last great company of the desktop age,” at $38, it was overvalued for a new mobile age where consumers use the site via smart phones rather than desktops or laptops.

Updated 5:48 a.m.:

Members of NASA and SpaceX staff convened for a press conference Tuesday morning, including William Gerstenmaier, Alan Lindenmoyer, SpaceX President Gwynne Shotwell and SpaceX CEO and Chief Designer Elon Musk.