Facebook's stock just hit a new low and has now lost more than 50% of its value since the social network's IPO in May. This new record low comes after analyst firm BMO Capital Markets cut its price estimate on the company's shares from $25 to $15 today. Research firm eMarketer also just announced that it expects Facebook's revenue for this year will remain under the company's previous estimates. eMarkteter now predicts that Facebook's ad revenue will reach $4.23 billion for 2012. That's up 34% from 2011, but eMarkter previously estimated that Facebook could reach ad revenues of up to $5 billion this year.
Friday, August 31, 2012
Facebook Stock Hits A New Low, Now Down More Than 50% Since IPO
Facebook's stock just hit a new low and has now lost more than 50% of its value since the social network's IPO in May. This new record low comes after analyst firm BMO Capital Markets cut its price estimate on the company's shares from $25 to $15 today. Research firm eMarketer also just announced that it expects Facebook's revenue for this year will remain under the company's previous estimates. eMarkteter now predicts that Facebook's ad revenue will reach $4.23 billion for 2012. That's up 34% from 2011, but eMarkter previously estimated that Facebook could reach ad revenues of up to $5 billion this year.
Taylor Swift Offers Breakup Advice For That 'Never Ever' Ex
VMA performer offers up her sage wisdom for the post-breakup blues during 'MTV First.'
By Jocelyn Vena, with reporting by Sway Calloway
Taylor Swift and Sway
Photo: Michele Crowe / MTV
At RNC 2012, Woman Shares How Mitt Romney Ministered to Her Family and Her Seriously Ill Daughter ? Video 8/30/12
Here is video of a woman whose family was part of Mitt Romney’s church in Massachusetts when he was serving as a leader of the congregation. The woman shares how Romney ministered to their family through the years, particularly when their daughter was born premature, and suffered tragic complications. I believe this testimony, and the [...]
On the L.A. club scene, it's all in the dress rehearsal
The really cool hipsters don't hit the underground clubs until shortly before closing. The rest of the evening is for primping, 'pregaming' and texting.
The cabs lined up Sunday outside the One-Eyed Gypsy saloon, letting out leggy women in diaphanous tops and shorts. "Lil Death" club night was just starting. And it was almost midnight.
The cabs lined up Sunday outside the One-Eyed Gypsy saloon, letting out leggy women in diaphanous tops and shorts. "Lil Death" club night was just starting. And it was almost midnight.
High stakes for Mitt Romney in tonight's convention speech
Over the last two days, the Republican convention has achieved a couple of major goals, but Mitt Romney still has several remaining to address in his speech tonight accepting the party’s nomination for president.
Hello Beautiful! Nokia?s Windows Phone 8 820/920 PureView Smartphones Leak
Another day, another leak -- this time, a set of new images that purportedly depict Nokia's next set of Lumia smartphones have begun to make the rounds. Coming from a random Twitter source (planned corporate or PR leaker?), these images are reportedly of the 4.3-inch Nokia 820 and the 920 PureView, the latter of which apparently packs Nokia's super imaging system. These phones were supposed to be revealed for the first time at a September 6th event. Whoops. Nokia knows how to make a good-looking phone. Starting with the N8 in 2010, Nokia has since outed several innovative and fresh smartphones. The latest seem more of the same. That's a good thing. Just like their predecessors, these are fantastic looking phones. Well done, Nokia.
Pay-per-view TV switch ?good for F1?
Bernie Ecclestone's move in switching Formula 1 to pay-per-view this year with the Sky/BBC tie-up should be viewed as a positive, despite the overall audience figures for some races going down. That is the view of McLaren team principal Martin Whitmarsh, who thinks initial fears from both fans and those involved in the sport that it would be damaging for grand prix racing have not materialised.
The Obama Record: Borrowed, Spent & Wasted
Rep. Paul Ryan
Paul Ryan today delivered remarks to the Republican National Convention in Tampa, Florida. The following remarks were prepared for delivery: "Mr. Chairman, delegates, and fellow citizens: I am honored by the support of this convention for vice president of the United States. I accept the duty to help lead our nation out of a jobs crisis and back to prosperity "“ and I know we can do this. I accept the calling of my generation to give our children the America that was given to us, with opportunity for the young and security for the old "“ and I...
Paul Ryan today delivered remarks to the Republican National Convention in Tampa, Florida. The following remarks were prepared for delivery: "Mr. Chairman, delegates, and fellow citizens: I am honored by the support of this convention for vice president of the United States. I accept the duty to help lead our nation out of a jobs crisis and back to prosperity "“ and I know we can do this. I accept the calling of my generation to give our children the America that was given to us, with opportunity for the young and security for the old "“ and I...
Thursday, August 30, 2012
Science confirms ?Doctor Who-type world, Gallifrey?
NASA has confirmed the existence of a real-universe analogue of Gallifrey, the fictional Time Lord planet that features in the BBC science-fiction drama series, Doctor Who.
UCLA study suggests Partners for Children benefits patients, state
Children in the pilot Medi-Cal program spent less time in the hospital, their families' quality of life improved and their medical costs fell by 11%, the UCLA Center for Health Policy Research found.
For two months Stephanie Aldana's son complained of intense pain in his back and tremors in his legs. Doctors visits revealed nothing. She could do little but try to comfort 10-year-old Isaac as his feet swelled and his mobility deteriorated. Then Isaac lost sensation below his waist and an emergency MRI led to stark news: The fourth-grader had Ewing's sarcoma, a rare cancer that can attack the bones.
For two months Stephanie Aldana's son complained of intense pain in his back and tremors in his legs. Doctors visits revealed nothing. She could do little but try to comfort 10-year-old Isaac as his feet swelled and his mobility deteriorated. Then Isaac lost sensation below his waist and an emergency MRI led to stark news: The fourth-grader had Ewing's sarcoma, a rare cancer that can attack the bones.
New recruits and new hopes for many teams
CLIFTON kick off the new season with a new-look pack for tomorrow's home National Two South opener with title favourites Hartpury (2.30pm).
Bristol's George Biagi, a summer signing from Aironi, is named in the second row with 18-year-old colts product Charlie Bullimore handed a start at tighthead and Scott Witcombe, formerly of Newbury, on the flank.
Matt Salter is back at No 8 with Bath Academy's James Stephenson at openside and Sheldon Stevens given a debut at centre after signing from Cinderford.
Bristol Academy duo Steve Uren and Joe Joyce make their first starts for a new-look Dings Crusaders, who are away to Southend.
Uren is in the back row with new skipper Ed Hack, and lock Joyce forms a new engine room partnership with the returning Dave Bufton.
It's all change, too, in the backs with four old boys returning to the starting line-up: centre Christian Gervais (Taunton), stand-off Mark Woodrow (Birmingham), scrum-half Waylon Jennings (Hartpury) and winger Taylor Stevens (Cleve).
Regular stand-off Mitch Burton moves to inside centre in place of Sam Cox who is away.
Old Bristolians, elevated to Western Counties North for the first time in the club's history, kick off with a testing home date against Berry Hill (3pm). Four men are handed debuts tomorrow. Ross Osbourne, from Frampton, packs down at tighthead with Tim Child, a summer arrival from Devon, on the loosehead and Pete Burcher in the back row. Henry Bird, who has signed from Cirencester, slots in at centre for Old Bs who are once again captained by Mike Barton.
James Letherby, released by Bristol at the end of last season, slots in at fly-half for Hornets who are home to local rivals Yatton (3pm).
Hooker Sean Kent has been appointed captain of the Weston side and he lines up with loosehead and new player-coach Alex Chase.
Barton Hill, under new coach Dave Lupton and new skipper Joe Sansum, are away to Avon.
There are league debuts for centre Ben Payne, formerly of Imperial, and fly-half Oli Nowell (Broad Plain) with promising 18-year-old loosehead Ray Chase also handed a start.
Former skipper Sam Steer packs down in the back row alongside the returning Luke Bickford with Matt Rankin named at scrum-half.
North Bristol, this season celebrating their 80th anniversary, open with a Combination derby against Bristol Harlequins (3pm).
Scrum-half Alex Cue is the new captain of the Almondsbury outfit with Jon Goodridge joining Bristol team-mate Wayne Thompson on the coaching team. Winger Carl Smith will be making his 200th appearance for the club, while there are debuts for prop Kallan Keenan and flanker Jake Holcombe. Simon Mortimer is handed the No 10 shirt after returning to North following two seasons at Reds.
For Quins, Greg Wookey makes his debut at No 8 after impressing new coach Mark Rogers. Dave Priddy starts at fly-half while Lee Pearn, last season's leading try scorer, returns to the wing.
Keynsham, meanwhile, go into their home opener against Wells (3pm) boosted by winning Ashley Down's Robbie Johnson Memorial Trophy.
Rivals say Alonso is no underdog
Sebastian Vettel and Lewis Hamilton do not believe Ferrari is truly an underdog in the 2012 Formula 1 title battle and reckon Fernando Alonso's car is now a match for his main rivals'. Despite holding a 40-point world championship lead , Alonso insists that Ferrari is the "slowest" of the top teams . But Red Bull driver Vettel argued that Alonso could not hold such a commanding points lead if his car was not up to the task.
As It Happened: Wednesday At The Republican Convention
Rep. Paul Ryan of Wisconsin accepted the Republican Party's vice presidential nomination. Also this evening, the nation heard from the party's 2008 presidential nominee ? Sen. John McCain ? and former Secretary of State Condoleezza Rice.
Bianchi dominates crazy FR3.5 race
Jules Bianchi took a dominant victory in a chaotic first Formula Renault 3.5 race of the weekend at Silverstone.
Wednesday, August 29, 2012
6 Ways To ?Riff? Daily
Artists, musicians, comics, speakers, trainers, athletes, performers all do it-they “RIFF”. That “rapid energetic often improvised verbal or non verbal outpouring especially one that is part of a performance”. Most of us remember “Riff’s” of great rock, jazz and yes classical musicians, bands and performers, we listen to and are fans of. What we love [...]
Trey Songz Scores First No. 1 Album On Billboard 200 Chart
Adele's '21' has slipped out of the top 10 for the first time in its 79-week chart run.
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Box Office: 'Madagascar 3' beats Cruise, Sandler films [Video]
In this week's box office video report, Los Angeles Times entertainment writer Amy Kaufman talks about the failure of Tom Cruise's "Rock of Ages" and Adam Sandler's "That's My Boy."
Ohio Gov. John Kasich Addresses the 2012 GOP Convention: ?I?ve Got a Feeling We?re about to Elect a New President of the United States? ? Video 8/28/12
Here is complete video of Ohio Gov. John Kasich addressing the 2012 GOP Convention tonight. Kasich told the crowd, “I’ve got a feeling we’re about to elect a new President of the United States.”
Survey offers dire picture of California's two-year colleges
As demand increases but funding is cut, 470,000 students find themselves on waiting lists for needed classes. Things will get worse if further cuts become necessary.
More than 470,000 community college students are beginning the fall semester on waiting lists, unable to get into the courses they need, according to a survey of California's two-year colleges that captures a system struggling amid severe budget cuts.
More than 470,000 community college students are beginning the fall semester on waiting lists, unable to get into the courses they need, according to a survey of California's two-year colleges that captures a system struggling amid severe budget cuts.
Earthquake swarm isn't an omen of the Big One, experts say
Swarms like the ones last weekend are typical for the Imperial County area, one of the state's most quake-prone regions, seismologists say.
Ever since hundreds of earthquakes began rippling through southeastern California over the weekend, many asked the question: Could this be a precursor to the Big One?
Ever since hundreds of earthquakes began rippling through southeastern California over the weekend, many asked the question: Could this be a precursor to the Big One?
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