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Saturday, August 3, 2013
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VIDEO: Facebook post claims California man would shoot disobedient dog
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Source: http://www.hattiesburgamerican.com/article/20130802/NEWS01/130802004/1002/rss
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Factbox: Berlusconi's business empire
LONDON (Reuters) - Former Italian Prime Minister Silvio Berlusconi was found guilty of tax fraud by Italy's Cassation Court on Thursday, confirming a ruling from a lower court.
Judges at Italy's top court, however, ordered further judicial review of a ban on Berlusconi holding public office.
The former prime minister has kept control of his media empire, laying himself open to accusations of a conflict between his political and business interests and leaving him vulnerable to numerous corruption investigations into him and his companies. Here are some details:
* FININVEST:
- Fininvest is the family's holding company and it has control over assets worth more than 5 billion euros ($6.6 billion).
* MEDIASET:
- Berlusconi, through his holding company, has increased his stake in the Italian commercial broadcaster Mediaset to 41.1 percent. Mediaset, founded in 1978, has terrestrial television channels, digital terrestrial channels and an advertising arm. It controls Spanish broadcaster Mediaset Espana.
- Berlusconi's ownership of Mediaset, which captures more than 60 percent of television advertising spend, has long been an anomaly that critics say has been a major factor in his dominance of Italian politics for almost 20 years. The company posted its first ever annual net loss in March 2013 as advertising spending fell because of the economic downturn. The total market value of the company is 3.9 billion euros $5.2 billion)
* MONDADORI:
- Berlusconi owns 53 percent of Italy's leading publisher.
- It is Italy's biggest book and magazine publisher and the third largest in the consumer magazine sector in France. Mondadori's activities also include advertising, digital, radio, retailing and direct marketing. The group is the absolute leader in Italy's book market, operating through publishing houses including Edizioni Mondadori, Einaudi, Piemme, Sperling & Kupfer and Electa.
- In magazines, Mondadori publishes some of Italy's most-read and well-known titles, including Panorama, the country's first news weekly; Grazia, Italy's first women's magazine - now distributed internationally; it has a market cap of around 250 million euros.
- Daughter Marina Berlusconi has been chairwoman of the company since February 2003 and since October 2005 has been chairwoman of Fininvest.
- In June, prosecutors recommended Italy's supreme court back a ruling that orders Fininvest to pay more than 500 million euros in damages over the acquisition of the publisher twenty years ago, legal sources said. The case related to a 1991 verdict in which a Rome court effectively enabled Fininvest to acquire a controlling stake in Mondadori from CIR.
* OTHER ASSETS:
MEDIOLANUM: - Italian asset manager Mediolanum (35 percent stake). The market value is 4.2 billion euros.
MOLMED: - An Italian medical biotechnology company (23.9 percent stake) - market value 100 million euros.
MEDIOBANCA: - Italian top investment bank (2.06 percent stake), Berlusconi's son Pier Silvio holds a board seat at Mediobanca.
- Through Mediaset, Berlusconi owns Italy's leading movie production and distribution house Medusa Film. It produces films by Italy's best-known directors and distributes Oscar-winner Roberto Benigni's movies. Fininvest also controls 45 percent of directories company Pagine Utili and fully controls Milan theatre Teatro Manzoni.
* AC MILAN:
- Berlusconi has owned AC Milan since 1986 and the club has been European champion five times under his leadership and last won the Italian league, Serie A, in 2010-2011.
- The club's fortunes have dipped in the past couple of seasons amid cost cutting, and it has not won major trophies recently. The club could be valued at around 850 million euros based on media reports at the end of 2012. ($1 = 0.7531 euros)
(Reporting by David Cutler, London Editorial Reference Unit and Danilo Masoni in Milan; Editing by Robin Pomeroy)
Source: http://news.yahoo.com/factbox-berlusconis-business-empire-192702306.html
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Facebook's soaring stock closes above $38 IPO price
A Facebook employee holds a laptop during an event at the company's headquarters in Menlo Park, California. Photograph: Justin Sullivan/Getty Images
Facebook's resurgent stock has closed above its IPO price for the first time since the online social networking leader made its debut on Wall Street more than 14 months ago.
The shares gained 56 cents to finish Friday's session at $38.05 (?25), the stock's highest closing price since ending its first day of trading at $38.23 in May of last year.
Facebook priced its initial public offering at $38 per share amid lofty expectations that investors would be clamouring to buy a stake in one of the world's best-known websites. Instead, trading problems hurt the company's stock market debut and then worries about Facebook's growth prospects triggered a sell-off that dropped the stock as low as $17.55.
The stock began soaring last week when Facebook reported better second-quarter earnings than analysts anticipated. The report for the three months ending in June showed that the company is selling more advertisements on smartphones and tablet computers, allaying fears that Facebook wouldn't be able to make money off the growing number of its more than 1.1bn members who regularly check into the social network on mobile devices.
More than 40% of Facebook's ad revenue flowed from mobile devices in the second quarter, up from 30% during the first three months of the year.
The accelerating growth on mobile devices is the main reason that Facebook's stock has jumped 44% since it announced quarterly results on 24 July.
Source: http://www.theguardian.com/technology/2013/aug/03/facebook-stock-closes-ipo
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I'm not very good a explaining differences. But I know there very diffrent besides the tackling.Can someone be kind enough to tell the differences between American Football and Rugby to this gentleman.
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Arkansas school district's plan to arm teachers ruled illegal
Danny Johnston / AP file
A Clarksville, Ark., schools faculty member, wearing a protective mask, carries a practice handgun toward a classroom in a training exercise July 11.
By M. Alex Johnson, Staff Writer, NBC News
A controversial program to arm teachers and school staff members in an Arkansas town was shot down Thursday as illegal under state law.
The Clarksville School District, in central Arkansas northwest of Little Rock, instituted an "Emergency Response Team" last month in response to the mass shootings in December that killed 20 children and six adults at Sandy Hook Elementary School in Newtown, Conn.
"We continue to have these school shootings, and we continue to do the same thing," Superintendent David Hopkins told NBC station KARK of Little Rock after a training exercise July 11 for teachers and staff ? complete with fake guns.
"We're going to lock the door, and we're going to hide and hope for the best," he said. "Well, that's not a plan."
The new plan ? which would have armed about 20 volunteer teachers and staff members ? troubled some legislators, who sought a ruling on its legality from state Attorney General Dustin McDaniel.
In an opinion issued Thursday, McDaniel said state codes don't authorize "either licensing a school district as a guard company or classifying it as a private business authorized to employ its own teachers as armed guards."
McDaniel said the opinion doesn't prohibit school districts' contracting with licensed private security companies, and he said that if lawmakers do want teachers to be armed, they can change state law.
Watch the most-viewed videos on NBCNews.com
Eighteen states allow adults to carry loaded weapons onto school grounds with few or minor conditions, according to an NBC News review of firearms and education laws in all 50 states. Arkansas isn't among them.
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