Wednesday, May 22, 2013

Carol Burnett to receive top honor for American comedians

(Reuters) - Actress and comedienne Carol Burnett will be honored with the Mark Twain Prize for American Humor, the top award for American comics, the John F. Kennedy Center for the Performing Arts said on Tuesday.

Burnett, 80, whose Emmy-winning sketch comedy program "The Carol Burnett Show" was a mainstay on U.S. television from 1967 to 1978, will receive the award during a ceremony at Washington's Kennedy Center in October.

"From her television program and appearances, as well as her performances on Broadway and in film, Carol Burnett has entertained generations of fans with her vibrant wit and hilarious characters," Kennedy Center Chairman David M. Rubenstein said in a statement.

Burnett received her big break in the Broadway musical "Once Upon a Mattress" in 1959, which earned her a Tony Award nomination.

She won her first Emmy Award in 1962 for her work on "The Garry Moore Show" sketch comedy TV program, but cemented her comedic reputation by parodying the film "Gone with the Wind" and the TV soap opera "As the World Turns" on her own show.

Her film work includes 1981's "The Four Seasons" and director John Huston's 1982 adaptation of musical "Annie."

Past recipients of the award, which was first given out in 1998, include Richard Pryor, Steve Martin, Bill Cosby and Tina Fey. Television comic and talk show host Ellen DeGeneres won last year.

(Reporting by Eric Kelsey, Editing by Piya Sinha-Roy and Xavier Briand)

Source: http://news.yahoo.com/carol-burnett-receive-top-honor-american-comedians-183833928.html

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ESPN layoffs: Trying to 'manage costs,' cable sports giant cuts jobs

ESPN layoffs: An unspecified number of staffers at the Bristol, Connecticut-based cable sports network are expected to be let go. The ESPN layoffs are the latest in the Disney entertainment family.

By Rachel Cohen,?Associated Press / May 21, 2013

ESPN layoffs: Florida men's basketball coach Billy Donovan is introduced onto the stage during a news conference announcing the launching of the Southeastern Conference Network in partnership with ESPN, May 2, 2013, in Atlanta.

Jason Getz, Atlanta Journal-Constitution/AP

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ESPN is cutting its workforce, the latest Disney division to reduce staff.

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"We are implementing changes across the company to enhance our continued growth while smartly managing costs," the sports media giant said in a statement Tuesday. "While difficult, we are confident that it will make us more competitive, innovative and productive."

The company would not say how many jobs are being eliminated, but they include unfilled positions. ESPN has about 7,000 employees worldwide, with about 4,000 at its headquarters in Bristol, Conn. The vast majority work behind the scenes.

In April, Disney laid off about 150 people at LucasArts, the video-game making division of Lucasfilm, four months after acquiring the company behind "Star Wars" for $4.06 billion. Disney also laid off about the same number at the movie studio in April to cope with the decline in DVD sales as consumer habits shift to digital forms of home entertainment.

Still, Disney has been on a roll financially, beating or matching earnings per share estimates for the last eight quarters. After it reported a 32 percent gain in net income for its fiscal second-quarter earnings two weeks ago, more than a dozen Wall Street analysts raised their price targets on Disney stock to an average of nearly $72.

Fees from distributors for ESPN grew faster than expected in the latest quarter, while ad growth came in below expectations because of smaller audience numbers.

ESPN also has seen costs increase with skyrocketing prices for the broadcasting rights to live sports. For instance, the 12-year deal announced in November to televise the new college football playoff system will be worth about $470 million annually. The current four-year contract to air the Sugar, Orange and Fiesta bowls along with the BCS title game is worth about $125 million per year.

Live sports have become increasingly valuable in an age of fractured audiences and DVRs. That drives up rights fees, but also makes the programming more appealing to advertisers and allows ESPN to try to charge more from cable and satellite operators.

While announcing cuts Tuesday, ESPN will still be expanding in other areas. Earlier this month, it revealed that it was forming a network with the Southeastern Conference. The new network will launch in August 2014 under a 20-year agreement.

In August 2011, Connecticut Gov. Dannel P. Malloy announced that ESPN would receive millions of dollars in state tax breaks with the construction of a digital technology building and the addition of at least 200 jobs over five years.

ESPN received a 10-year, $17.5 million state loan to build the digital center.

Network spokesman Mike Soltys said the construction project was not affected by Tuesday's cuts.

"Notwithstanding these changes, we remain on track to reach the increase in jobs that are set out in the goals in the 'First Five' program," he said.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/FnRnzKpTO5g/ESPN-layoffs-Trying-to-manage-costs-cable-sports-giant-cuts-jobs

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Tuesday, May 21, 2013

14 Dead, 14 Missing in Indonesia Mine Collapse (Voice Of America)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories News, RSS and RSS Feed via Feedzilla.

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Who will treat arthritis? | Revista Women s Health

Types of therapists?

When you begin to own issues relating to illness} or area unit commencing to expertise symptoms and signs related to the disease, the primary step is to decide on the correct doctor or healer. whereas several patients area unit below the belief that it?s solely the medically trained doctor that may treat inflammatory disease, this is often not the case.

In fact, there area unit several specialists and therapists UN agency will facilitate treat inflammatory disease symptoms in their own ways that. there?s nomenclature that?s used relating to the various differing kinds of therapists that is delineate below further as however they assist inflammatory disease patients to trot out their condition. *

Health Professionals UN agency Treat inflammatory disease

The following area unit a number of the various differing kinds of health professionals that treat individuals with arthritis:

Primary care docs: These area unit doctors that area unit the patient?s medical care physician, that means they?re the ?regular? doctor that the patient sees. medical care physicians area unit accountable for referring the patient to alternative specialists. These doctors area unit called ?general physicians? or GPs and aren?t specialists.

Rheumatologists: Rheumatologists focus on conditions with reference to the joints and focus on inflammatory disease treatments and alternative conditions that have an effect on the bones, muscles and joints.

Orthopedists: Orthopedists area unit doctors that focus on treating joint and bone diseases and surgeries for the diseases

Physical therapists: conjointly noted as physiotherapists area unit professionals within the health care system that employment with patients victimization numerous techniques like exercise to assist the patient improve the operate and quality of their joints.

Occupational therapists: These therapists area unit professionals within the health care system that educate patients on the assorted ways that and techniques to conserve energy, minimize pain and shield joints.

Dietitians: Dieticians area unit professionals within the health care system UN agency education patients on the way to eat healthy and improve their daily diet and the way to keep up and management a healthy weight.

Nurse educators: These area unit professionals within the health care system that focus on caring for patients and serving to them to grasp their overall condition and implement the treatment plans ordered by the doctors.

Physiatrists (rehabilitation specialists): Physiatrists area unit doctors UN agency have trained to assist patients to regain their physical potential.

Acupuncture therapists: These therapists area unit professionals within the health care system then treat patients with stylostixis techniques that area unit the insertion of needles into their skin and ends up in up physical functions and reducing pain.

Psychologists: These professionals within the health care system facilitate patients address troublesome times in their lives like medical conditions, hardships among the work, or hassle reception or in relationships.

Social worker: These health care professionals give facilitate to patients that have social challenges as a result of associate unhealthiness, home health care, money hardships, incapacity and alternative desires relating from the person?s medical condition.

Naturopaths: These area unit therapists within the health care system that treats their patients through natural means that solely.

Homeopaths: These area unit therapists within the health care system that focus on a holistic, natural and safe treatment for variety of sicknesses and ailments that embody inflammatory disease, toothache, headaches, hay fever, diarrhea, eczema, depression, and asthma..

Herbalists: Herbalists area unit professionals UN agency area unit educated within the field of seasoning medication and therefore the healing properties of plants. They resort to several alternative ways to treat their patients that embody seasoning supplements, leaves, crude plants, seeds and dried roots. the assorted plant elements area unit accustomed treat the patient?s unwellness as well as patients with inflammatory disease.

When treating inflammatory disease, it?s vital that you simply read yourself and your doctor or healer as a team. you may got to work closely along so as to confirm the simplest care. Treatment among patients that have an honest relationship with their doctors and therapists tends to own higher results.

Source: http://revistawomenshealth.com/diseases/treat-arthritis.html

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Monday, May 20, 2013

Madonna Wins Top Touring Artist, Loses Pants at Billboard Music Awards

Source: http://www.thehollywoodgossip.com/2013/05/madonna-wins-top-touring-artist-loses-pants-at-billboard-music-a/

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NYPD messages to Muslim informant: 'Get pictures'

This undated handout photo obtained by The Associated Press shows New York Detective Stephen Hoban. The New York Police Department defends its surveillance of Muslims as narrowly focused in a new court filing in a civil rights lawsuit. But text messages between a detective and an informant obtained by The Associated Press reveal wide-ranging efforts to get Muslims to privately make incriminating statements about jihad. (AP Photo)

This undated handout photo obtained by The Associated Press shows New York Detective Stephen Hoban. The New York Police Department defends its surveillance of Muslims as narrowly focused in a new court filing in a civil rights lawsuit. But text messages between a detective and an informant obtained by The Associated Press reveal wide-ranging efforts to get Muslims to privately make incriminating statements about jihad. (AP Photo)

This handout photo provided by Jamill Noorata, taken May 3, 2012, shows Shamiur Rahman, left, sitting with Siraj Wahhaj at John Jay College of Criminal Justice in Manhattan, New York. The New York Police Department defends its surveillance of Muslims as narrowly focused in a new court filing in a civil rights lawsuit. But text messages between a detective and an informant obtained by The Associated Press reveal wide-ranging efforts to get Muslims to privately make incriminating statements about jihad. By Matt Apuzzo and Adam Goldman. (AP Photo/Courtesy of Jamill Noorata)

(AP) ? A New York Police Department detective told a federal judge that he's seen no evidence that one of his informants brought up the subject of jihad as a way to bait Muslims into making incriminating remarks. But text messages obtained by The Associated Press show otherwise.

And while the detective, Stephen Hoban, described the activities in a new legal filing in U.S. District Court as narrowly focused on a few people under investigation, text messages show a wide-ranging effort. Eager to make money, Shamiur Rahman, the informant, snapped pictures during prayer sessions, rallies and a parade; recorded the names of people who signed petitions or protested; and reported fellow Muslims who volunteered to feed needy families.

When the detective responded, his text messages nearly always sought more information:

"Did you take pictures?"

"I need pictures from the rally. And I need to know who is there."

"Get pictures"

Rahman told the AP last year that he made about $9,000 over nine months spying widely on friends and others. He said the NYPD encouraged him to use a tactic called "create and capture." He said it involved creating conversations about jihad or terrorism, then capturing the responses and sending them to the NYPD.

Now, as the NYPD defends itself from allegations by civil rights lawyers that such tactics violated a longstanding federal court order, the department said Rahman was either lying or didn't know what he was talking about.

"Rahman was never tasked to, nor did he as far as I know, engage in what he refers to as a 'create and capture' methodology," Hoban wrote. "There are 57 field reports documenting Rahman's work as an informant. In reviewing those field reports, it is clear that Rahman did not use what he refers to in his declaration as a 'create and capture' strategy."

Rahman allowed the AP to review months of text messages with Hoban from January to September 2012.

"Hey bro," Rahman told Hoban in one message. "I think im going to bring up jihad with these guys tonight, see what they say and know and then go home because everyones really just praying and stuff."

Hoban did not respond to that message. Rahman previously said his NYPD handler only encouraged him to use the tactic, never dissuaded him. Rahman did not respond to messages for comment from AP after Hoban's filing in federal court in Manhattan.

The different accounts of Rahman's activities are significant. Taken with the NYPD's use of plainclothes detectives assigned to the Demographics Unit to catalog Muslim business and eavesdrop on conversations, civil rights lawyers say that Rahman's tactics show the NYPD is violating court-imposed rules about what files it can keep on activities protected by the First Amendment.

The NYPD strongly denies that and Hoban's affidavit is central to their defense.

The NYPD's court papers also reveal for the first time the scope of the monitoring by its Demographics Unit, now called the Zone Assessment Unit. In the past three years, the unit has filed more than 4,200 reports, or about four per day.

Each report typically describes a clandestine visit to a business or mosque, the ethnicity of the clientele and, in some cases, what conversations the officers overheard. The detectives reported details from more than 200 conversations, or about one a week.

Thomas Galati, the commanding officer of the Intelligence Division, said most of those conversations were used to gauge people's reactions to overseas events. The AP has previously reported that Demographics detectives were extremely interested in people's reactions to U.S. drone attacks.

The civil rights lawyers want a federal judge to appoint an outside monitor to oversee the NYPD's intelligence-gathering operations, which the police department is strongly resisting. Such a monitor, the NYPD says, "would have rippling negative effects with dire consequences."

David Cohen, the NYPD's top intelligence official, argued in court documents that he and a battery of lawyers review all investigations. Oversight from outside the department, he said, would make New York a more dangerous place to live.

As evidence that New York was under constant threat of terrorism, he said the suspects in last month's Boston Marathon bombing were headed to Times Square, where he said they might have carried out an attack deadlier than the one in Boston.

Coupled with other thwarted and aspirational plots against New York in recent years, Cohen said the Boston attack showed "the need for a vibrant intelligence program that uniquely addresses the counterterrorism security equities of New York City."

Informants such as Rahman were central to Cohen's effort to identify terrorists before they attacked.

Rahman sent Hoban pictures: Imams. The sign-up list for an Islamic study group. People at rallies and parades. And bags of rice and boxes of Cheerios that his mosque was collecting for the needy.

"This is what they give to each family plus flour, cookies, pudding, and meat," Rahman wrote.

And he collected phone numbers. One belonged to an elderly neighbor who worked in a woman's shelter. Two more were people who signed a petition and were "probably organizing a rally" for Muslims suffering in Myanmar.

Rahman collected information on the Muslim student group at John Jay College of Criminal Justice and the non-profit Muslim American Society. Hoban, however, said those groups were never his informant's focus.

Instead, Hoban said Rahman kept tabs on a small group of people. That effort happened to take him into mosques and student groups, Hoban said.

For instance, he said Rahman went to a Brooklyn youth center run by the Muslim American Society "spontaneously." Hoban said he found out about it later.

In one text message, however, Rahman said he was heading to Friday prayers.

"Afterwards I might go to the mas center," he writes, a reference to the center.

"Ok," Hoban responds, "let me know who is there."

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-05-20-US-NYPD-Intelligence/id-42358819eb344708a1dee5d44cdb1ec0

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Sunday, May 19, 2013

Tanning Mom Music Video: It's Tan Mom (and the Best/Worst Video Ever)!

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SLCC's role in small business | The Salt Lake Tribune

Small business is big business in Utah. Our state is home to more than 58,000 small employers with 500 employees or fewer.

Salt Lake Community College, the governor?s office and regional business-service providers are working together through the Goldman Sachs 10,000 Small Businesses initiative to bolster Utah?s economy and provide business resources for the creation, growth and recruitment of companies to Utah.

Gov. Gary Herbert has taken on the tremendous task of creating 100,000 jobs in 1,000 days. As the education partner for the Goldman Sachs program, Salt Lake Community College plays a lead role in that vital effort.

This national education program provides training for business owners who have survived the start-up phase and are poised for growth. Participants receive a full scholarship, which includes comprehensive business management education, a suite of customized support services, opportunities for peer-to-peer counseling and networking and access to capital.

Salt Lake Community College?s first class consists of 33 Utah business owners, who represent a broad range of industries, including retail, manufacturing, construction, medical, transportation, information technology, media, and human service areas.

Goldman Sachs chose Salt Lake Community College because of our commitment to advance economic and workforce development. Business partnership programs are offered and supported at each of our 13 sites, with our Miller Campus having the unique distinction as a one-stop shop for business services.

The college?s first cohort of 33 companies has already created more than 80 new jobs ? a remarkable accomplishment with just months of training.

Goldman Sachs plans to invest $15 million in Utah over the next five years for this program. Through this collaboration, Salt Lake Community College will potentially serve more than 350 regional businesses. Our state?s leadership is strong, our business community is growing and our business-support providers are exceptional at encouraging the entrepreneurial spirit.

Together, through the Goldman Sachs 10,000 Small Businesses initiative, Salt Lake Community College and our partners will create sustainable outcomes and more vibrant communities for Utah.

story continues below

Cynthia A. Bioteau is president and CEO of Salt Lake Community College.

Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://www.sltrib.com/sltrib/opinion/56317523-82/business-college-community-lake.html.csp

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Dr Joel Aronowitz and Breast Cancer Prevention | KTLA 5

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Source: http://ktla.com/2013/05/18/dr-joel-aronowitz-and-breast-cancer-prevention-3/

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Samsung's Galaxy S 4 to hit 10 million in sales next week, says CEO JK Shin

Samsung's Galaxy S 4 to hit 10 million in sales next week, says CEO JK Shin

According to co-CEO JK Shin, Samsung's Galaxy S 4 will soon hit the 10 million mark in sales, less than a month after its debut. That beats the Galaxy S III's time to that mark by nearly three weeks, making it far and away the company's quickest seller, ever. The model will also get another push thanks to a stock Android 4.2 version that'll be available for $649 at Google Play on June 26th, but so far it's an impressive figure, considering its bizarre reveal.

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Via: Android Beat

Source: Korea Times

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/EFZVv2yhNuU/

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Up to 60 injured after car drives into Va. parade

DAMASCUS, Va. (AP) ? About 50 to 60 people were injured Saturday when a driver described by witnesses as an elderly man drove his car into a group of hikers marching in a parade in a small Virginia mountain town.

It happened around 2:10 p.m. during the Hikers Parade at the Trail Days festival, an annual celebration of the Appalachian Trail in Damascus, near the Tennessee state line about a half-hour drive east of Bristol.

Washington County director of emergency management Pokey Harris said no fatalities had been reported.

The injuries ranged from critical to superficial, he said. Three of the victims were flown by helicopters to regional hospitals. Another 12 to 15 were taken by ambulance. The rest were treated at the scene.

At a news conference, Damascus Police Chief Bill Nunley didn't release the driver's name or age but said he was participating in the parade. Multiple witnesses described him as an elderly man.

Nunley said the man's 1997 Cadillac was one of the last vehicles in the parade and the driver might have suffered an unspecified medical problem when his car accelerated to about 25 mph and struck the crowd on a two-lane bridge along the town's main road. The driver was among those taken to hospitals.

"It is under investigation and charges may be placed," Nunley said.

There were ambulances in the parade ahead of the hikers and paramedics on board immediately responded to the crash.

Nunley cited the "quick action" by police, firefighters, paramedics and hikers to tend to the victims, including a Damascus volunteer firefighter who dove into the car to turn off the ignition. The firefighter, whose name wasn't released, suffered minor injuries.

Nunley said about 1,000 people participated in the parade. Nunley said the driver was a hiker, too ? someone who had traversed the Appalachian Trail in the past.

What caused the car to drive into the crowd wasn't immediately known. A thud could be heard, people yelled stop, and at some point, the car finally stopped.

Witnesses said the car had a handicapped parking sticker and it went more than 100 feet before coming to a stop.

"He was hitting hikers," said Vickie Harmon, a witness from Damascus. "I saw hikers just go everywhere."

Damascus resident Amanda Puckett, who was watching the parade with her children, ran to the car, where she and others lifted the car off those pinned underneath.

"Everybody just threw our hands up on the car and we just lifted the car up," she said.

Keith Neumann, a hiker from South Carolina, said he was part of the group that scrambled around the car. They pushed the car backward to free a woman trapped underneath and lifted it off the ground to make sure no one else was trapped. Another person jumped inside to put it in park.

"There's no single heroes. We're talking about a group effort of everybody jumping in," he said.

Mayor Jack McCrady encouraged people to attend the festival on Sunday, its final day.

"In 27 years of this, we've never had anything of this magnitude, and is it our job to make sure it doesn't happen again," he said.

McCrady said a donation fund was being set up to assist the injured, some of whom don't have medical insurance.

"We want to make sure they don't suffer any greater loss than they already have," he said.

Source: http://news.yahoo.com/60-injured-car-drives-va-parade-212302227.html

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Saturday, May 18, 2013

Despite controversies, Obama agenda marches on

WASHINGTON (AP) ? Despite Democratic fears, predictions of the demise of President Barack Obama's agenda appear exaggerated after a week of cascading controversies, political triage by the administration and party leaders in Congress and lack of evidence to date of wrongdoing close to the Oval Office.

"Absolutely not," Steven Miller, the recently resigned acting head of the Internal Revenue Service, responded Friday when asked if he had any contact with the White House about targeting conservative groups seeking tax-exempt status for special treatment.

"The president's re-election campaign?" persisted Rep. Devin Nunes, R-Calif.

"No," said Miller.

The hearing took place at the end of a week in which Republicans repeatedly assailed Obama and were attacked by Democrats in turn ? yet sweeping immigration legislation advanced methodically toward bipartisan approval in the Senate Judiciary Committee. The measure "has strong support of its own in the Senate," said Sen. Amy Klobuchar, D-Minn., a member of the panel.

Across the Capitol, a bipartisan House group reported agreement in principle toward a compromise on the issue, which looms as Obama's best chance for a signature second-term domestic achievement. "I continue to believe that the House needs to deal with this," said House Speaker John Boehner, R-Ohio, who is not directly involved in the talks.

The president's nominee to become energy secretary, Ernest Moniz, won Senate confirmation, 97-0. And there were signs that Republicans might allow confirmation of Sri Srinivasan to the U.S. Court of Appeals for the District of Columbia Circuit, sometimes a stepping stone to the Supreme Court.

Separately, a House committee approved legislation to prevent a spike in interest rates on student loans on July 1. It moves in the direction of a White House-backed proposal for future rate changes to be based on private markets.

Even so, Rep. Fred Upton, R-Mich., chairman of the Energy and Commerce Committee, said, "It's been a bad week for the administration."

Several Democratic lawmakers and aides agreed and expressed concern about the impact on Obama's agenda ? even though much of it has been stymied by Republicans for months already.

At the same time, Rep. Dave Camp, R-Mich., voiced optimism that the IRS controversy would boost the push for an overhaul of the tax code, rather than derail it. "It may make a case for a simpler tax code, where the IRS has less discretion," he said.

Long-term budget issues, the main flash point of divided government since 2011, have receded as projected deficits fall in the wake of an improving economy and recently enacted spending cuts and tax increases.

Even before Obama began grappling with the IRS, the fallout from last year's deadly attack on the U.S. diplomatic mission in Benghazi, Libya, and from the Justice Department's secret seizure of Associated Press phone records, the two parties were at odds over steps to replace $85 billion in across-the-board spending cuts. In particular, Obama's call for higher taxes is a nonstarter with Republicans.

Other high-profile legislation and presidential appointees face difficulties that predate the current controversies.

Months ago, Obama scaled back requested gun safety legislation to center on expanded background checks for firearms purchasers. That was derailed in the Senate, has even less chance in the House and is unlikely to reach the president's desk.

Republicans oppose other recommendations from the president's State of the Union address, including automatic increases in the minimum wage, a pre-kindergarten program funded by higher cigarette taxes and more federal money for highways and bridge repair.

In a clash that long predates the IRS controversy, Senate Republicans seem intent on blocking Obama's nomination of Tom Perez as labor secretary. Gina McCarthy's nomination to head the Environmental Protection Agency is also on hold, at least temporarily, and Democrats expect Republican opposition awaits Penny Pritzker, Obama's choice for commerce secretary.

Rhetorically, the two parties fell into two camps when it came to the White House troubles. Democrats tended to describe them as controversies, Republicans often used less flattering terms.

Speaking on the Senate floor, Sen. Roger Wicker, R-Miss., accused the administration of fostering a "culture of intimidation." He referred to the IRS, the handling of the Benghazi attack and Health and Human Services Secretary Kathleen Sebelius' "fundraising among the industry people she regulates on behalf of the president's health care law."

Two days later, Camp, a 23-year veteran lawmaker, opened the IRS hearing by calling the agency's actions part of a "culture of cover-ups and intimidation in this administration." He offered no other examples.

Rep. Trey Radel, a first-term Florida Republican, said in an interview, "What we're looking at now is a breach of trust" from the White House.

House Democratic leader Nancy Pelosi of California offered a scathing response when asked if the controversies would hamper Obama's ability to win legislation from the Republican-controlled House. "Well, the last two years there was nothing that went through this Congress, and it was no AP, IRS or any other (thing) that we were dealing with."

"They just want to do nothing. And their timetable is never," she said of GOP lawmakers.

Similarly, Senate Majority Leader Harry Reid gave no ground on Benghazi, a dispute that increasingly centered on talking points written for administration officials to use on television after the attack last September in which U.S. Ambassador Chris Stevens and three other Americans were killed.

"It's obvious it's an attempt to embarrass President Obama and embarrass Hillary Clinton," he said of Republican criticism that first flared during last year's election campaign.

On a third front, Sen. Chuck Schumer, D-N.Y., resurrected legislation that would requiring a judge to approve subpoenas for news media communications records when investigating news leaks said to threaten the national security. It was a response to the FBI's secret, successful pursuit of Associated Press phone records in a current probe.

While Democrats counterattacked on Benghazi and parried on leaks, they bashed the IRS' treatment of conservative groups as improper if not illegal ? and warned Republicans not to overplay their hand.

Source: http://news.yahoo.com/despite-controversies-obama-agenda-marches-142525880.html

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iTunes 11.0.3 released with enhanced MiniPlayer, multi-disc albums

DNP  iTunes 1103 released with enhanced MiniPlayer, multidisc albums

Cutting through all the Google I/O news is this update from Apple: today, Cupertino released iTunes version 11.0.3. This isn't just an incremental refresh, as several new features are on board, including an improved Songs View and the ability to view multi-disc albums as a single album. The update also brings enhancements to the MiniPlayer, such as a new album artwork view and a progress bar. Of course, those changes are accompanied by the usual performance improvements and bug fixes. You can get iTunes 11.0.3 now through Software Update.

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Via: 9to5Mac

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/XRC-DPvDn3A/

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Friday, May 17, 2013

how does it work first time home buyers - Zillow Real Estate Advice

Lesson number 1
BUYING IS SERIOUS BUSINESS FILLED WITH IMPORTANT DECISIONS YOU WILL HAVE TO MAKE

Advice number 1
BECOME INFORMED BEFORE MAKING THE IMPORTANT DECISIONS

Become informed..be smart with your money...if there is a good Deal be able to recognize it, if there is a Bad Deal be able to recognize it

Here are some good places to start imo..
Check out the info, resources and options you have available to protect yourself..

Read the 9 Steps to Homebuying on the Hud site as they are an excellent guide & Resource plus links to your Local Homebuyer Programs....
(Step 3 is interview lenders..Step 5 is interview RE Agents)..
Buying a Home

Give this Fed. Gov. Site a look, it has all the Current Fed Housing Loans (FHA/Vet/USDA ect.) and you search for specific information, compare options, or take a short questionnaire to determine your eligibility for each program.....Fed Loans..Housing

Check out all this information from the Dept. of Justice Web Site...
Competing Models of Real Estate Brokerage

Consumers Can Save Thousands of Dollars in Commissions

Competition and Real Estate... Real Estate Laws in Your State

If you would just like to kick back and browse on the internet I have found the following to be informative...not only for viewing & getting info about properties but to see/learn about all the various loan options, programs ect.
REO-Bank Owned Properties
Many Banks have created Sites for the Public to use (For Free) to view and find Information about the Properties they have Listed for Sale
Sites Like..Bank of America...Wells Fargo...CitiMortgage
You can find links to Bank sites here...Link
or here Link

The Fed Gov also has Sites for its Properties for sale
HUD Homes...HomePath/Fannie Mae...HomeSteps/Freddy Mac
You can find the links to the Gov sites here...Link


You have options/info available. become familiar with them..use them
Protect yourself & Good Hunting

Source: http://www.zillow.com/advice-thread/how-does-it-work-first-time-home-buyers/492709/

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Migration From Paris - Charles Payne - Townhall Finance ...

Yesterday, Dave Bing, NBA legend and very successful businessman announced he's not seeking a second term as mayor of Detroit. The Bing news is not necessarily shocking but points to what has become, in the eyes of many, a hopeless situation. The state has taken over the city and the guy combing the books says it looks dismal.

Migration Series Jacob Lawrence

At this point it would seem some kind of bankruptcy is in the offing. But problems don't go away with such a decision. And while there will be debates over where money comes from and who pays for a bailout, the bigger tougher question is how this once great city truly recovers.

The story of Detroit must be followed closely because of its economic and moral implications. The economic part is not just what's happening at this very moment but policies and ideas that brought the former Paris of the West to the point of state takeover. The city is spending money it doesn't have and now must figure out how to live within its means even as it now must also find ways to pay its massive deficit.

$326.6 million unrestricted deficit
+$60.0 million added at end of fiscal year (June 30)
$386.0 million

In a town where citizens feel services are poor to non-existent, officials will actually have to do even less. This adds to the serious death spiral of pessimism and defiance. It's estimated that $247 million in property taxes and fees went uncollected in 2012 from more than 150,000 (47%) of owners, mostly out of defiance. There were at least 77 blocks were only a single homeowner paid their property taxes. They say "why" taxes go to pay for service that stopped a long time ago.

Then there's word city officials severely inflated property tax rates. In fact, one report says officials are leveling taxes at 10 times the selling price of properties by discarding 94% of sales made last year.
Talk about highway robbery. But this is what happens when lavish promises are made while a city, state, or country bites the hand that feeds it. Government "revenue" is mostly the function of taxes. When politicians promise money they have to know where that money is coming from. Unlike the cyclicality of the economy those promises are never adjusted lower- there is never a recession in government promises.

Almost all municipalities now facing difficulties are in trouble from promises made to government workers and are hiking taxes in order to pay them. Coupled with promises to those with lower incomes, it means higher taxes on successful people and businesses have to be levied. But higher taxes ultimately means lower return - it'

Source: http://townhall.com/columnists/charlespayne/2013/05/16/migration-from-paris-n1597931

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Thursday, May 16, 2013

Wall Street opens flat after data, Cisco soars

May 15 (Reuters) - Post positions for the 138th running of the Preakness Stakes, to be run at Pimlico on Saturday (Post Position, Horse, Jockey, Trainer, Odds) 1. Orb, Joel Rosario, Shug McGaughey, even 2. Goldencents, Kevin Krigger, Doug O'Neill, 8-1 3. Titletown Five, Julien Leparoux, D. Wayne Lukas, 30-1 4. Departing, Brian Hernandez, Al Stall, 6-1 5. Mylute, Rosie Napravnik, Tom Amoss, 5-1 6. Oxbow, Gary Stevens, D. Wayne Lukas, 15-1 7. Will Take Charge, Mike Smith, D. Wayne Lukas, 12-1 8. Govenor Charlie, Martin Garcia, Bob Baffert, 12-1 9. ...

Source: http://news.yahoo.com/stock-futures-little-changed-data-tap-cisco-climbs-120005684.html

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Appetites: It's cool NOT to cook | Minnesota Public Radio News

Appetites

by Tom Crann, Minnesota Public Radio

May 15, 2013


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ST. PAUL, Minn. ? The pressure to cook is enormous. For people who don't cook, it can be shaming.

One person who is responsible for that shame is Lynne Rosetto Kasper, host of The Splendid Table and cookbook author, is here to talk about not cooking.

Lynne Rosetto Kasper: It occurred to me during a conversation with Michael Pollan, who has written a book on cooking.

Tom Crann: Urging people to cook?

Lynne Rosetto Kasper: And talking about the power of cooking when it comes to politics. And he said he is finding that a lot of people who are interviewing him are getting kind of nudgy about, you know, 'I don't cook,' and I realized for the longest time I've felt that not every one of us were meant to do everything.

Can you imagine anything worse than having to do something you really despise; doing it for a group of people who could be terribly disappointed in it; doing it with materials that change from moment to moment and day to day. They're very precarious, and every night at the time of day you're most vulnerable? Your blood sugar is low, you're exhausted, and you have to cook for the family.

Tom Crann: What are some of the pressures, and why? Where do they come from, for people who feel pressured to cook if they're not very good at it?

Lynne Rosetto Kasper: The new food awareness that we've seen over the past decade. Here's the flip side. We cook if we are smart. We're supposed to cook to save our families and ourselves from dysfunctional, unhealthy lives. We cook to fight the obesity epidemic. We cook to save our identities, culturally, our traditions. We cook to strike out against the forces we feel are evil -- you name them. We cook because it shows how cool we are.

And we cook because if you really cook, you'll love it. I know you think you'll hate it, but if you cook, you are going to love it.

Tom Crann: That's a lot of pressure. When you hear from people who don't cook, what are their reasons for it?

Lynne Rosetto Kasper: Some of them are very sad. I don't cook because my family demeans my food. I'm ashamed. Or, I don't cook because it reminds me that I eat alone every night or almost every night. I don't cook because I don't want to have the food around -- I easily gain weight. I don't cook because I happen to be a woman and I refuse to fall into that sexist identity. And some of them are just people who say, "I don't want to cook."

It's this idea that the pressure today is we all should be doing this thing. And yeah, it's great to cook, it's wonderful to cook. But this is not something you take on if you really think you're going to hate it, unless you get curious about it.

Tom Crann: Now the wisdom is, and there's certainly research behind it, that families that eat together at a common family meal do better, are more functional. It's a great way to communicate with each other, parents and children. Cooking is almost always attached to that, isn't it?

Lynne Rosetto Kasper: It is. And of course, it's wonderful for a family to cook together. But the other thing is, the success of this whole idea of the family coming together is together.

And, for people who -- can you imagine two parents, they come home, they've worked long hours. Maybe they work two jobs. There's the money pressure, right? It's expensive to cook. It really is. McDonald's -- you can feed a family very cheaply. But the point is: they come home, they're exhausted, they're tired. Then they have to cook. And then they have sit down and they have to deal with the kids. And as I said, their blood sugar is terrible. That spells disaster. That's waiting for family dysfunction to take off.

So I would say, together is the point. Not frustrating parents and people who feel they have to do this. I don't care if you're, really, sitting around with a bucket of fried chicken. I would prefer you ate something healthy, and you ate something you made with your own hands. But the real point is sitting down and looking at each other. That's the point. And dysfunction doesn't disappear because you cook. I wish it did. My family would be entirely different.

Tom Crann: Are you ready to make an ethical case for not cooking?

Lynne Rosetto Kasper: I think we should - if we possibly have an option -- do what we really enjoy doing. Because no matter what it is, we're going to be good at it.

Now, if you do not cook, think of all the people you support who do. Think of the marriages, or the couples that you know, where one person loves to cook, no matter what their gender may be, and the other doesn't. And that person has an audience.

Non-cooks support the restaurant industry, the food trucks, the take-out, whatever. If there's a little extra money to be spent they can support sources for prepared food that are buying locally and following certain belief systems that they advocate. The non-cook is someone who generally can be a great food lover. That, by the way, is the definition of "gourmet" -- a gourmet is not a cook.

Tom Crann: An appreciator. A food lover.

Lynne Rosetto Kasper: Yes, a food lover, someone who is knowledgeable and really loves food. I think the non-cook has a great deal of power. I know that many people could care less that they don't cook.

But if you're feeling a bit ashamed, I would say hold your head high. You fulfill a role that has not been acknowledged yet in this country. But you are a great supporter of all of the other folks who like to cook.

Tom Crann: I'm a good audience member and appreciator of good cooking. I've met very little that I don't like to eat.

Tom Crann

Tom Crann

? ? ?Host, All Things Considered

Tom Crann is the host of All Things Considered for MPR News.

Source: http://minnesota.publicradio.org/display/web/2013/05/15/appetites/lynne-rosetto-kasper-non-cooks

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Sprint's HTC One getting an OTA update

HTC One

Minor OTA bumps the software version up to 1.29.651.10, update is pushing out now

Sprint and HTC are pushing out a software update for the HTC One. It's a minor update, addressing a few issues that the phone shipped with, which means you'll want to get this one installed as soon as you can. Specifics are:

  • BlinkFeed improvements
  • New Sprint Zone client
  • Improved Back and Home key sensitivity 

We expect BlinkFeed "improvements" and adjustments while the service is finding itself, and Sprint needs to keep their Sprint Zone client current. The interesting portion is the Home and Back key sensitivity adjustment. They can get a little wonky, especially when using a screen protector. Hopefully, changes are getting dialed in to make the buttons as responsive as the rest of the phone.

You should see notification of the update soon, and the impatient among us can manually check in settings. When you get this one, be sure to share your experience and let us know how it affects your button sensitivity.

Via: Sprint Community. Thanks, ahaxton!

    


Source: http://feedproxy.google.com/~r/androidcentral/~3/CnReTfz_C0w/story01.htm

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Watch Robots Fight With Lightsabers At Google I/O [TCTV]

Screen Shot 2013-05-15 at 4.44.33 PMMeet the PR2 personal robot from Willow Garage. The human-sized bot can learn to fold clothes and do other activities via voice commands, and it can even get into sword fights. Watch as I challenge the PR2 to a lightsaber duel today at Google I/O, and learn how Willow Garage could help anyone run their own experiments with robots.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/0OQ1WZnikMM/

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Google Hangouts is live now in the iOS App Store, which means you can now Gchat from your iPhone.

Google Hangouts is live now in the iOS App Store, which means you can now Gchat from your iPhone. Go and get it right here.

Source: http://gizmodo.com/google-hangouts-is-live-now-in-the-ios-app-store-which-506983243

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Nvidia targets enthusiasts with hand-held game gadget

By Noel Randewich

SAN FRANCISCO (Reuters) - Chipmaker Nvidia said it will start shipping a hand-held gaming device in June, a bid to use its appeal with PC game enthusiasts to challenge console makers like Sony Corp and Microsoft Corp.

SHIELD, which was announced in January and uses Nvidia's Tegra 4 mobile processors, will be priced at $349, the company said in a release on Tuesday.

Nvidia's graphics chips are well-known to twenty-something fans who deck out their desktop computers with high-end components in order to get the best out of first-person shooters and other games.

The Santa Clara, California company hopes some of those customers will also be drawn to SHIELD, which has a pop-up retina display and runs the same games available on Android tablets and smarpthones.

With personal computer sales suffering due to a growing consumer preference for tablets, Nvidia has staked its future on using its PC graphics expertise to make high-performance processors for mobile devices.

Building its own game device to showcase its processors goes a step further and underscores the urgency of finding new markets as Nvidia faces tough competition from Qualcomm in smartphones and tablets.

A SHIELD feature that Nvidia has touted that can stream video games from PCs is being offered in a test, non-official version, the company said.

(Reporting by Noel Randewich; Editing by Bernard Orr)

Source: http://news.yahoo.com/nvidia-targets-enthusiasts-hand-held-game-gadget-130520609.html

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Tuesday, May 14, 2013

LinkedIn looks to build on its impressive resume

In this Tuesday, May 7, 2013, photo, LinkedIn CEO Jeff Weiner, right, and company co-founder Reid Hoffman sit in the lobby of LinkedIn's Mountain View, Calif., headquarters. LinkedIn and Facebook celebrate the anniversaries of their IPOs just a few days apart this week. But the companies' experiences as publicly traded entities couldn't be more different. LinkedIn promotes its service as a stepping stone to a more enriching career. As it turns out, the professional networking company's IPO was a great place to start a rewarding investment portfolio, too. LinkedIn's stock has nearly quadrupled in value from its $45 IPO price two years ago. (AP Photo/Noah Berger)

In this Tuesday, May 7, 2013, photo, LinkedIn CEO Jeff Weiner, right, and company co-founder Reid Hoffman sit in the lobby of LinkedIn's Mountain View, Calif., headquarters. LinkedIn and Facebook celebrate the anniversaries of their IPOs just a few days apart this week. But the companies' experiences as publicly traded entities couldn't be more different. LinkedIn promotes its service as a stepping stone to a more enriching career. As it turns out, the professional networking company's IPO was a great place to start a rewarding investment portfolio, too. LinkedIn's stock has nearly quadrupled in value from its $45 IPO price two years ago. (AP Photo/Noah Berger)

This Tuesday, May 7, 2013, photo, shows LinkedIn's Mountain View, Calif., headquarters. LinkedIn and Facebook celebrate the anniversaries of their IPOs just a few days apart this week. But the companies' experiences as publicly traded entities couldn't be more different. LinkedIn promotes its service as a stepping stone to a more enriching career. As it turns out, the professional networking company's IPO was a great place to start a rewarding investment portfolio, too. LinkedIn's stock has nearly quadrupled in value from its $45 IPO price two years ago. (AP Photo/Noah Berger)

This Tuesday, May 7, 2013, photo, shows LinkedIn's Mountain View, Calif., headquarters. LinkedIn and Facebook celebrate the anniversaries of their IPOs just a few days apart this week. But the companies' experiences as publicly traded entities couldn't be more different. LinkedIn promotes its service as a stepping stone to a more enriching career. As it turns out, the professional networking company's IPO was a great place to start a rewarding investment portfolio, too. LinkedIn's stock has nearly quadrupled in value from its $45 IPO price two years ago. (AP Photo/Noah Berger)

In this Tuesday, May 7, 2013, photo, LinkedIn CEO Jeff Weiner, right, and company co-founder Reid Hoffman sit in the lobby of LinkedIn's Mountain View, Calif., headquarters. LinkedIn and Facebook celebrate the anniversaries of their IPOs just a few days apart this week. But the companies' experiences as publicly traded entities couldn't be more different. LinkedIn promotes its service as a stepping stone to a more enriching career. As it turns out, the professional networking company's IPO was a great place to start a rewarding investment portfolio, too. LinkedIn's stock has nearly quadrupled in value from its $45 IPO price two years ago. (AP Photo/Noah Berger)

In this Tuesday, May 7, 2013, photo, LinkedIn CEO Jeff Weiner stands at the entrance to his company's Mountain View, Calif., headquarters. LinkedIn and Facebook celebrate the anniversaries of their IPOs just a few days apart this week. But the companies' experiences as publicly traded entities couldn't be more different. LinkedIn promotes its service as a stepping stone to a more enriching career. As it turns out, the professional networking company's IPO was a great place to start a rewarding investment portfolio, too. LinkedIn's stock has nearly quadrupled in value from its $45 IPO price two years ago. (AP Photo/Noah Berger)

(AP) ? LinkedIn and Facebook will celebrate the anniversaries of their IPOs just a few days apart this week. But their experiences as publicly traded companies couldn't be more different.

LinkedIn Corp. promotes its service as a stepping stone to a more enriching career. As it turns out, the professional networking company's initial public offering was a great place to start a rewarding investment portfolio, too. LinkedIn's stock has nearly quadrupled in value from its $45 IPO price on May 20 two years ago. On Monday, it closed at $175.03 per share. In contrast, Facebook's stock is hovering around $27 per share, down 29 percent since debuted on May 18, 2012 at $38.

LinkedIn is emerging as the standout performer among its cohort of hotly anticipated IPOs from Internet companies that connect people with common interests. The company is growing faster and yielding far better shareholder returns than the rest of a class that includes online deals maker Groupon Inc., Web game maker Zynga Inc. and business review site Yelp Inc., as well social networking leader Facebook Inc.

With the exception of Yelp, the stocks of all those other companies are stuck well below their initial public offering prices. Although Groupon and Zynga have fared worse, Facebook has been the highest-profile disappointment.

But for all its success, LinkedIn still hasn't immersed itself into people's lives and reshaped technology as profoundly as Facebook has. Although LinkedIn has been attracting more frequent visits since its IPO, people still spend far more time on Facebook and share more of their lives there. Unlike Facebook, LinkedIn hasn't become a hub for other online services, ranging from games to music.

Even among its fans on Wall Street, LinkedIn is seen as little more than an online hunting ground for opportunistic employers on the prowl for talented workers.

But that could change if LinkedIn CEO Jeff Weiner and Executive Chairman Reid Hoffman realize their ambitions. As the 10-year-old company heads into its second decade, its two top executives want to establish its website as an integral part of the global economy.

"It would be a representation of every economic opportunity and every skill required to attain those opportunities," Weiner said in a recent interview with The Associated Press. "We would have a digital profile for every company in the world and a professional profile for every one of the 3.3 billion people in the (worldwide) workforce. We would then be able to overlay professionally relevant knowledge for each one of those individuals and each one of those companies."

LinkedIn still has a long way to go before it's that pervasive. The service currently has profiles of some 225 million people and 500,000 companies.

But the odds of LinkedIn fulfilling its aspirations may be less of a longshot than the one Hoffman faced when he first started pondering a professional networking service in the midst of the dot-com bust in 2000.

At the time, Hoffman was worried about losing his job as a top executive at online payment service PayPal. The company had just burned through most of its cash, prompting Hoffman to mull other ideas with PayPal co-founders Peter Thiel and Max Levchin during a retreat at his grandparents' house in Gualala, Calif. along the Pacific Ocean's coastline.

A rough concept for LinkedIn came up then, but Hoffman didn't pursue it at the time because PayPal started to thrive.

After eBay Inc. bought PayPal for $1.5 billion in 2002, Hoffman plowed much of the money that he made from that deal into LinkedIn. He started the company in May 2003 with several former colleagues from his pre-PayPal days ? Allen Blue, Konstantin Guericke, Eric Ly and Jean-Luc Vaillant. The group debated several potential names, including Netra, Wellconnected, Bizrep and Connex, before settling on LinkedIn.

Hoffman's gamble paid off. As LinkedIn's controlling shareholder, his stake in the company is currently worth $3 billion.

LinkedIn now has market value approaching $20 billion and employs about 4,000 people. It's expanding so quickly that it is running out of space at its Mountain View, Calif. headquarters located down the block from the home of Google Inc. There will be space for nearly 3,000 more LinkedIn workers once construction is completed on its new corporate campus in nearby Sunnyvale next year.

Things might not have worked out so well if Hoffman, 45, and Weiner, 43, hadn't been introduced to each other at a technology conference in early 2008. They hit it off immediately, something Hoffman remembered a few months later when he began thinking of replacing Dan Nye as LinkedIn's CEO.

Hoffman had been LinkedIn's CEO during the first four years of the company's existence, and he knew it wasn't something that he wanted to do for another extended period ? an aversion that differentiates him from other Internet visionaries such as Google's Larry Page, Facebook's Mark Zuckerberg and Salesforce.com Inc.'s Marc Benioff, who all relish running the companies they founded.

"I like solving business strategy problems and I like creating whole new ecosystems for people," Hoffman said. "I am not passionate about leading a 3,000-person plus organization and all the work that goes into doing that in a world-class way. I always knew I didn't want to be CEO forever, but I still wanted to get LinkedIn to where it needed to get."

That's where Weiner came into the equation. Weiner had recently ended a seven-year stint as a key executive at Yahoo Inc. and was helping out various startups on a part-time basis as an entrepreneur-in-residence at venture capital firms Greylock Partners and Accel Partners.

After Hoffman persuaded him to join LinkedIn as its president in late 2008, Weiner was promoted to CEO six months later.

The partnership has proven highly productive. LinkedIn's membership has increased sevenfold from the 33 million members that had set up free profiles on the service at the time Weiner came on board. Revenue this year is expected to approach $1.5 billion, 19 times more than the $79 million generated before Weiner's arrival. The company's profits are also steadily rising. Analysts predict LinkedIn's net income will rise about 20 percent this year to $26 million.

LinkedIn has made a habit of topping analyst projections. That is something the company has done in every quarter since its IPO, helping to propel its stock.

Yet LinkedIn remains in Facebook's shadow. Since 2008, Facebook has grown even faster as the number of people using its social network swelled 11-fold to 1.1 billion and annual revenue soared 25-fold from $272 million last year to a projected $6.7 billion this year.

But LinkedIn has been outpacing Facebook during the past year, both in terms of user growth (LinkedIn's membership is up 35 percent versus 23 percent at Facebook) and revenue (LinkedIn's first-quarter revenue rose 72 percent versus 38 percent at Facebook).

The secret to LinkedIn's success? The company has turned its service into an easily searchable database, a treasure trove for employers and their headhunters. The company makes most of its money from the fees it charges for analytical tools and better access to individual profiles. About 18,000 companies now pay LinkedIn for its so-called "talent solutions."

Most employers rely on LinkedIn to find so-called "knowledge" workers who can fill positions that require a college degree or other specialized training. Think: computer programmers, website developers, scientists, accountants, lawyers and executives. Although McDonald's is unlikely to turn to LinkedIn to find a cashier, a coffee shop might use the service to recruit a barista. A ski resort might scour the site in search of ski instructors.

"They are not even scratching the surface of what they might eventually be able to do," said Wedge Partners analyst Martin Pyykkonen.

LinkedIn is expected to generate even more revenue by selling more ads to accompany content such as professional insights from famous executives such as Richard Branson and Jack Welch, as well as other compelling content that induces its membership to visit the site more frequently and dwell for longer periods.

LinkedIn is also working on more analytical tools to sell to sales representatives who are "looking to turn a cold call into a warm prospect," Weiner said.

Almost everything will have to go right for LinkedIn to support its lofty stock price. Investors are currently paying about $121 for every dollar in LinkedIn's estimated earnings this year and $13 for every dollar in projected revenue. By comparison, Facebook's stock is selling for $47 for every dollar in projected earnings this year and $10 in every dollar in projected revenue.

"You really have to buy into the idea that LinkedIn's revenue is going to grow 10-fold from here to justify its valuation," Wedbush Securities analyst Michael Pachter said. "It's a good company with an expensive stock."

LinkedIn's success also could attract more competition. The company's biggest threat, of course, is Facebook, which already knows where most of its users work and where they went to school.

Weiner isn't worried about Facebook expanding into LinkedIn's turf because the company's research indicates that most people want a dividing line between their professional and personal identities.

Facebook hasn't yet shown any desire to open a professional networking channel, but Pachter thinks there is a greater likelihood of it happening if LinkedIn continues to do well.

"Facebook could just say, 'Hey are you tired of going to LinkedIn? Just enter all your professional information here and we'll code it so only your business friends can see it,'" Pachter said.

Another alternative would be for Facebook to buy LinkedIn. But Pachter doubts that will happen now that LinkedIn is worth so much.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/495d344a0d10421e9baa8ee77029cfbd/Article_2013-05-13-LinkedIn's%20Rise/id-1c1bfde7354349479bac157bacbec7e3

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