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The $1.05 billion penalty slapped on Samsung Electronics Co. in the patent infringement lawsuit with Apple might already be showing an adverse impact on the South Korean company, as Reuters reports that the company stocks fell 7.5 percent on Monday, reducing the company's value by at least $12 billion. Now after its major victory, Apple is seeking an injunction on the Samsung products in question in the U.S. market.

private service for astronaut Neil Armstrong will take place on Friday in Cincinnati. The celebrated Apollo 11 astronaut died on Saturday of "complications resulting from cardiovascular procedures," according to the New York Times. He was 82.

A 15-year-old student opened fire Monday at the Perry Hall High School in Baltimore, Maryland. The 15-year-old boy fired two shots injuring another student.