Posts Tagged ‘Sun’

The Week Unpeeled

Amid discussions this week that Google’s privacy or not-so-much privacy tactics include sharing our data across all its platforms (at least say “thank you”), a story in The Wall Street Journal last week (Tuesday, Feb 28 2012) called Google+ a “virtual ghost town.”  That was definitely an “ouch,” but the story carried an interesting graphic on average number of minutes per visitor on social networking sites in January: Facebook wins (no surprise) at  405 minutes , or almost an hour a day.  The upstart Pinterest tied with Tumbler at 89 minutes and beat out Linkedin, Myspace and Twitter combined by almost double.  Maybe that’s beginner’s luck, and I guess you don’t need to spend much time on Twitter to cast 140 characters.   Google+ tallied, however, only three minutes, compared with Myspace’s eight minutes (thank you, Justin, no doubt).  Updates needed in a few months, no doubt.

Elsewhere:

  • GM idled the Volt;
  • Tornadoes ripped through the heartland;
  • Gas prices soared;
  • James Murdoch quit News International; Rupert’s other Sun launched its Sunday edition and then was hit with allegations of corruption (how much smoke is needed here?)
  • Occupy London were evicted from St Paul’s site;
  • Trash talk hit new levels with conservative radio host Rush Limbaugh, and Obama jumped in to defend Georgetown law school target on topic of birth control;
  • Gordon Gekko channels Michael Douglas in PSAs to confront greed on behalf of the FBI (isn’t truth better than fiction?)
  • Apple is holding March 7 presser where we will all be surprised if the iPad 3 is not unveiled;
  • Fed Chief Bernanke said the US economic recovery is “uneven and modest” (hope he didn’t stay up all night figuring that out);
  • The number of weddings in the UK has gone up by 3.7 percent in a year and  75 percent of Brits say they are content with their lives (related?); and
  • The Dow ended the week lower for the first time in three, closing at 12,977 after flirting with 13,000 all week and even teased with one close above this number that the media think is so important (why?). CJP
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The Week Unpeeled

The markets continued their upward march, albeit at a steady pace, amid what seems like a slight bit of cautious optimism in the US with the White House predicting that 2.0 million jobs will be created (caveat!) if its policies are enacted. Still, the Dow ended at a 52-week high at 12,939 (also in part because of signs of some progress of a Greek bailout).

Elsewhere:

  • A few Congressmen called on the FTC to investigate Google following a story in The Wall Street Journal last week that the company was overriding privacy settings;
  • UPS made a bid ($6.4BB) for Dutch shipper TNT Express;
  • News Corp announced that it will launch a Sunday edition of its popular Sun;
  • UK Prime Minister met Scotland’s First Minister to discuss the future of Scotland and to broker a deal over the referendum on Scottish independence from the United Kingdom;
  • Moody's Investors Service sent shock waves through the global banking system and sparked fury in the City of London as the ratings agency threatened to slash the credit scores of more than 100 banks in the wake of Europe's debt crisis. The agency has put the ratings of 114 banks in Europe under review, as well as 17 investment banks;
  • Germany’s President, Christian Wulff has announced his resignation following a home loan scandal;
  • New York Times correspondent Anthony Shadid died in Syria of an apparent asthma attack;
  • The world and most networks remembered Whitney Houston, whose funeral was Saturday; and
  • The biggest winner at this year’s Baftas (the British Academy of Film and Television Arts awards) in London was French silent film The Artist, which picked up seven awards. And Bafta's highest accolade, a fellowship, went to Martin Scorsese for a lifetime achievement in cinema.

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