October 24, 2012

There were 3 posts published on October 24, 2012 (this is page 1 of 1).

Facebook stock soars but is it built on fraud?


Facebook’s stock soared today on news that its mobile advertising efforts are paying off. The stock is up 22% over its price yesterday. As VentureBeat says:

After investors jumped on Facebook stock in after-hours trading yesterday, following the company’s mobile-focused earnings report, it’s not a huge surprise to see the stock make another huge leap this morning.

Facebook’s stock is up 22 percent from yesterday, trading at $23.80, as of the time of this post. The stock reached a high of $24 this morning, and it was up almost 28 percent in pre-market trading. Facebook’s stock is still well below the $38 it opened at, but the rise is still a good sign for investors.

via Facebook stock on the rise: Up 22% after solid mobile earnings | VentureBeat.

What does Mitt Romney have to do with this rise in Facebook’s stock?
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Obama-stare puts a spell on Romney – CNN.com

I found this humorous op-ed by Dean Obeidallah to be a pretty accurate synopsis of Obama and Romney’s foreign policy debate Monday night.

The Obama-stare is more than just a laser-like game face — apparently it causes people to agree with him on issue after issue. Obama-stare is more akin to Obi-Wan Kenobi’s use of the Jedi mind trick, or vampires on “True Blood” glamouring someone into saying exactly what they want to hear. Romney agreed with Obama so often I thought Mitt was going to endorse him.

How else can anyone explain why Romney — who is highly critical of Obama’s foreign policy when he is out on the campaign trail — would agree with the president on issue after issue when placed in the same room? Romney appeared as if he wasn’t vying for commander in chief as much as for “agree-er in chief.”

via Obama-stare puts a spell on Romney – CNN.com.

Mali: no rhythm or reason as militants declare war on music

Here’s an update on the deteriorating situation in Mali from the Guardian’s Andy Morgan. Islamic militants have declared “war” on music in northern Mali.

The pickup halted in Kidal, the far-flung Malian desert town that is home to members of the Grammy award-winning band Tinariwen. Seven AK47-toting militiamen got out and marched to the family home of a local musician. He wasn’t home, but the message delivered to his sister was chilling: “If you speak to him, tell him that if he ever shows his face in this town again, we’ll cut off all the fingers he uses to play his guitar with.”

via Mali: no rhythm or reason as militants declare war on music | World news | guardian.co.uk.