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David Choe, Facebook graffiti artist, strikes it rich from IPO (VIDEO)

On Wednesday, Facebook announced its $5 billion IPO, which is expected to value the company at between $75 billion and $100 billion.

Indian artist Pranava Prakash 'beaten up' for painting nude celebrities

"Five guys came in on Sunday and started yelling at me, saying 'Your paintings are against Indian culture, we cannot tolerate them,'" said painter Pranava Prakash.

Oldest "art studio" discovered in South Africa's Blombos Cave

Ancient paint supplies discovered in a South African cave is evidence of the oldest known art production workshop, dating back to 100,000 years ago, according to a study published in Science.
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Visitors look at stalactites at the Cango Caves in Oudtshoorn, north of the South African city of George. Researchers have discovered what they believe may be the remnants of an ancient art studio, at Blombos Cave on South Africa's southern Cape Coast. (TOSHIFUMI KITAMURA/AFP/Getty Images)

JOHANNESBURG, South Africa — The oldest known art studio has been discovered in South Africa's Blombos Cave by archeologists excavating the artifact-rich site.

The discovery of ancient paint supplies, dating back to 100,000 years ago, is evidence of the oldest known art production workshop, according to a study published in the journal Science.

Scientists found bright red pigment, called ochre, inside two abalone shells in the cave, which is located along South Africa's Southern Cape coast, about 185 miles east of Cape Town. Researchers described the finding, which also includes bone, charcoal, grindstones, and hammer stones, as a "production toolkit."

"The conceptual ability to source, combine and store substances that enhance technology or social practices represents a benchmark in the evolution of complex human cognition," the researchers wrote.

"The application of the mixture is unknown, but possibilities include decoration and skin protection."

More from GlobalPost: Sea hunt for ancient Chinese ship off African coast

Blombos Cave is a famous archeological site dating to the African Middle Stone Age, with the earliest findings said to be from 140,000 years ago. Scientists have found a diverse range of artifacts at the limestone cave, from 70,000-year-old pieces of ochre to beads and bone tools.


Booker long list announced

The long list for the prestigious Booker Prize has been announced with literary darlings Alan Hollinghurst and Julian Barnes making the cut. But the long list of thirteen for the literary award also featured four first time novelists. Julian Barnes, who lost out in 1984, 1998 and 2005, was nominated for his book The Sense Of An Ending.

Artist Lucian Freud dead at 88

William R. Acquavella, Lucian Freud's dealer, mourned him "as one of the great painters of the twentieth century."

North Korea: The art of Song Byeok

SEOUL — Before his defection 2002, Song Byeok produced paintings glorifying Kim Jong Il; today, he is making a name for himself by producing works of art that turn the regime's imagery on its head.

North Korean artist turns talents on repressive regime

SEOUL — Song Byeok used to paint propaganda posters for the Kim regime. He had no idea the extent to which he was helping cover up atrocities.

Stolen Picasso recovered and NJ man arrested (VIDEO)

A man walked into a gallery in San Francisco, removed the 1965 drawing from the wall and then drove away in a taxi, and less than 48 hours later the drawing is recovered and a suspect is in custody
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A 1965 Picasso pencil drawing, entitled "Tete de femme," was stolen from the Weinstein Gallery. (ABC News/Screengrab)

A Picasso drawing worth about a quarter of a million dollars that was stolen from a gallery in San Francisco on Tuesday has been recovered in Napa, California and a suspect arrested, police officials announced Thursday, according to CNN.

A man walked into the Weinstein Gallery in San Francisco on Tuesday, removed the 1965 pencil drawing by Pablo Picasso, entitled "Tete de femme," from the wall, casually walked out with it under his arm and left the area in a taxi, ABC News reported. Unfortunately for him, he was caught on video with the framed artwork. A New Jersey man, 30-year-old Mark Lugo, was taken into custody when he was tracked down and the drawing was found in his room in Napa.

Bail was set at $5 million and the suspect has been charged with theft and possession of stolen property, according to BBC News.

According to the Associated Press:

"I've had some sleepless nights," said Rowland Weinstein, who owns the Weinstein Gallery. "I feel very, very lucky and very relieved that the Picasso wasn't harmed and will be returned back safely.

The Picasso was recovered and Lugo arrested on Wednesday night, less than 48 hours after the drawing was stolen, in an investigation that was aided by a video surveillance tape from a nearby restaurant and information from the cab driver who drove the suspect away from the gallery. The video, which showed a man matching witnesses' descriptions carrying a framed artwork, came from Lefty O'Douls, a restaurant on the block, according to ABC News:

"I couldn't believe I got that lucky to get a picture of him," said Nick Bovis, the owner of Lefty O'Douls. "You know this guy here walked right in the middle of the day, took a Picasso, walked down the street and jumped in a cab."

Surveillance video from the taxi that drove the man away was also used to identify the suspect.


China hits Ai Weiwei with $2 million tax bill

Ai, who has shown his work in London, New York and Berlin, has earned large amounts of money selling pieces at auctions and through galleries

The ongoing saga of Ai Weiwei (PHOTOS)

BEIJING — What will Ai Weiwei's first project after imprisonment be? A look back to try to make sense of the future.
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