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| Thursday, 17-May-2012 12:00 |
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Yahoo soap opera features new cast of leaders
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Air Jordan Retro Shoes On SaleSAN FRANCISCO (AP) — Yahoo's dysfunctional turnaround efforts have morphed into a Silicon Valley soap opera, one that has taken another strange twist with the Internet company's ousting of CEO Scott Thompson just four months after his arrival.
Thompson's hasty departure, amid a furor over an inaccurate resume, ushers in a new cast of characters led by interim CEO Ross Levinsohn and New York hedge fund manager Daniel Loeb. It was Loeb's sleuthing skill that uncovered Thompson's misleading biography. With a 5.8 percent stake in the company, Loeb now gets even more leverage with three seats on Yahoo's 11-member board of directors. He and the rest of Yahoo's board will appoint one more "mutually agreeable" director, according to a Monday regulatory filing.
If Yahoo's saga is to end happily, the company's new leadership will have to develop a strategy to lure back Web surfers and advertisers who have been defecting to Internet rivals Google Inc. and Facebook Inc. At the same time, they will likely need to complete the complicated negotiations to sell part of the company's prized stake in China Alibaba Group.
Those objectives ranked high on Thompson's priority list, too, but a ficitious college degree that appeared on his official biography ended his brief tenure.www.shoesjordansforcheap.com
Another factor may have contributed to Thompson's short stay. Citing unnamed sources familiar with the matter, The Wall Street Journal reported that Thompson, 54, had informed Yahoo's board last week that he has been diagnosed with thyroid cancer. Even so, Thompson was still scrambling to save his job last week as he deflected responsibility for a bio that included a college degree in computer science that he never received. Thompson, in fact, graduated from Stonehill College, near Boston, in 1979 with a degree in accounting —not computer science.
Incensed at initially being denied a seat on Yahoo's board, Loeb exposed the phantom degree earlier this month.Air Jordan Womens sale online
In a sign that he was forced out, Thompson left Yahoo without a severance package, according to documents filed Monday with the Securities and Exchange Commission. He is also surrendering unvested stock awards valued at $16 million. Thompson will get to keep a $1.5 million cash bonus and restricted stock valued at $5.5 million that Yahoo paid him to compensate for benefits he gave up at his former job at PayPal, an online payment service owned by eBay Inc. Yahoo had been paying Thompson a $1 million annual salary, which could have been supplemented by a bonus of up to $2 million.
Analysts are divided on whether Yahoo is now in a better position to lift its long-slumping stock price and revive its revenue growth.
Macquarie Securities analyst Ben Schachter thought Yahoo was making its greatest progress in years under Thompson's aggressive leadership. Now, there's a risk that Thompson's exit will waste four months of turnaround work — a setback that Schachter says Yahoo Inc. can't afford at this critical juncture.
"What is really scary about all this is the Internet is the fastest moving industry in the world, so the time they are losing is very dangerous," Macquarie said.
Other analysts believe Levinsohn is a better fit as Yahoo's CEO than Thompson, who had spent the previous seven years immersed in processing digital payments at PayPal.
"Levinsohn is an extremely qualified executive, in our view, and will serve as a calming force amid the turmoil," Stifel Nicolaus analyst Jordan Rohan wrote in a Monday email. "He has a visceral understanding of what it takes to succeed in the media business. We believe that under new leadership, Yahoo is more likely to re-emerge as a premier, highly profitable online media."
It's a sentiment shared by some investors. Yahoo's stock added 31 cents, or 2 percent, to close Monday at $15.50.
Levinsohn's name had been bandied about as a CEO candidate before the company hired Silicon Valley veteran Carol Bartz to fill that role in January 2009. Bartz subsequently hired Levinsohn as one of her top lieutenants in late 2010 and then his name came up as a potential successor to Bartz after Yahoo fired her eight months ago. Yahoo instead appointed its chief financial officer, Tim Morse, as interim CEO before settling on Thompson.new air jordan fusion shoes
Levinsohn, 48, is best known for running the Internet operations of Rupert Murdoch's News Corp. when that company bought MySpace, then the Internet's top social network, for $580 million in 2005. Levinsohn then negotiated a lucrative advertising deal that made the MySpace deal look like a coup. But then Facebook emerged as the Internet's social hub, and News Corp. wound up unloading MySpace for just $35 million last year, long after Levinsohn had left.
In previous jobs, Levinsohn also held top media positions at CBS Sportsline and Alta Vista, a once-popular search engine that was supplanted by Google.
As the head of Yahoo's media and advertising services, Levinsohn had been striking more exclusive online video deals featuring well-known talents such as former CBS news anchor Katie Couric and actors Tom Hanks and Jeff Goldblum. Yahoo has also been gearing up to increase its coverage of the Summer Olympics and U.S. presidential election in the fall.
Levinsohn has publicly described Yahoo's audience of more than 700 million users as an "untapped jewel" that should be able to attract more advertising than it has in recent years.
Yahoo's annual revenue has fallen from a peak of $7.2 billion in 2008 to $5 billion last year. Advertisers aren't spending as much money at Yahoo largely because they have been getting better returns at Internet search leader Google and at Facebook, where people have are spending more of their online time. In March, for instance, Web surfers in the U.S. spent an average of six-and-half hours on Facebook compared to four-and-three-quarters hours on Google services and three-and-half hours on Yahoo.
Despite the downturn in revenue, Yahoo has become more profitable by cutting costs under both Bartz and Thompson. After laying off 2,000 workers last month, Thompson had started to identify about 50 Yahoo services that he intended to close or sell. Levinsohn, who was working closely with Thompson, hasn't indicated if he still intends get rid of all those services.
Although Levinsohn has been labeled as interim CEO, Yahoo's board is probably hoping he performs well enough to be appointed the company's permanent leader, said Gayle Mattson, an executive vice president for executive search firm DHR International.
"I am sure the board is auditioning him because to try to bring someone from outside the company right would be a total disaster," Mattson said.
Levinsohn isn't getting a raise with his expanded responsibilities, Yahoo said Monday. His salary as a Yahoo executive vice president in charge of media content and advertising remains at $700,000 salary with an annual bonus of up to $840,000. Yahoo gave Morse, a 25 percent raise that lifted his salary to $750,000 when he was named Yahoo's interim CEO after Bartz's ouster.
Loeb, who runs the Third Point LLC hedge fund, has muscled his way on to a Yahoo board that has undergone a radical makeover. All but three of the directors have been appointed since February. One of the recent appointees, former technology executive Alfred Amoroso, is the new chairman of the board, but Loeb "is clearly calling the shots right now," Schachter said.
Loeb has gained investors' respect with scathing public criticism that eventually pressured Yahoo to get rid of the remaining directors that sat on the board when the company committed perhaps its biggest blunder — a squandered opportunity to sell itself to Microsoft Corp. for $33 per share, or $47.5 billion, per share, four years ago. Yahoo's stock price hasn't traded above $20 since September 2008.
The breakdown in Microsoft negotiations triggered a shareholder mutiny that culminated in billionaire investor Carl Icahn and two of his allies being appointed to Yahoo's board in 2008. Icahn resigned after just 15 months on the board.
Loeb is expected to play a more influential role in the boardroom than Icahn did, particularly in Yahoo's on-again, off-again negotiations to sell part of its roughly 40 percent stake in Alibaba, one of the hottest companies in China's rapidly growing Internet market. Yahoo had been discussing a complex deal with Alibaba that would have avoided incurring a large tax deal, but those talks unraveled shortly after Thompson's hiring.
Thompson had renewed the Alibaba discussions and, last month, expressed some hope that a deal would get done this year.
Signaling Loeb's key role in the Alibaba talks, Yahoo appointed him to the board's strategic planning and transactions committee.
Selling part of the Alibaba stake would be welcomed by Loeb and other major shareholders because it would probably produce a multibillion-dollar windfall. As of March 31, Yahoo estimated its holdings in Alibaba were worth $14 billion. That indicates investors see little remaining value in the rest of Yahoo, which currently has a market value of $19 billion.
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| Thursday, 17-May-2012 12:00 |
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AMR pilots see $130 million savings from U.S. Air merger
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New Jordans 2012 For Sale(Reuters) - The lead labor negotiator for AMR Corp pilots said a merger between AMR and competitor US Airways could save $130 million a year in cuts to bankrupt airline's pilots' union.www.shoesjordans23.com
Neal Roghair, testifying in U.S. Bankruptcy Court in Manhattan, said a merger would lower to about $240 million the projected annual cuts from the Allied Pilots' Association, which represents 10,000 pilots at American Airlines' bankrupt parent.
Roghair took the stand to kick off the second leg of a weeks-long hearing on AMR's effort to scrap its collective bargaining agreements and implement temporary unilateral work terms.
The company, which filed for bankruptcy in November, said it needs about $1.25 billion in annual labor concessions, and has proposed a business plan to achieve those savings that has left its unions livid.
AMR argued its case last month, saying its three primary unions had rejected consensual contract offers in bad faith.
The sides took a two-week break designed to foster further negotiations, a hiatus that proved f utile. The airline's unions now have their chance to argue against the proposed contract abrogation.
The allied pilots said AMR's plan demands an average of $370 million a year in cuts from their union. Merging with US Airways -- a plan supported by US Airways and by AMR's three unions -- would cut that number to about $240 million, Roghair said.
AMR attorney Neal Mollen countered during cross-examination that the pilots' union offered concessions to US Airways it was not willing to offer AMR, including a six-year contract term and more flexibility for the airline to send certain flights through regional partners.Womens Nike Air Shoes
But Roghair said US Airways representatives took a cooperative approach, while AMR focused narrowly on dollars-and-cents issue of cost-savings targets.
"It was very clear in negotiations that we were in a whole different environment," Roghair said. "Things moved quickly as opposed to going on for months and months."Kids Jordan Shoes sale
"While American's proposal is specific and detailed so that we know the real values, the so-called agreement with US Airways is based on a term sheet that does not include specifics" of how savings would be reached, Bruce Hicks, an American Airlines spokesman, said after the hearing.
AMR is looking to utilize a bankruptcy rule that allows debtors to scrap union contracts if they can show a clear financial need, and can demonstrate that unions unreasonably shunned attempts at consensual work-outs. If successful, AMR would impose temporary unilateral work terms as it continues to negotiate long-term cooperative deals.
Unions say the move should be allowed only after AMR has explored a possible deal with US Airways.
"There may come a time when we have to take our medicine, and I think we're prepared for that," Edgar James, a lawyer for the pilots' union, said at the hearing.
AMR, which had resolved to pursue a standalone restructuring plan, on Friday bowed to pressure from unions, saying it would consider the idea of a merger while it is still in bankruptcy.
Along with the Allied Pilots, two unions are slated to call witnesses over the next several days: the Transport Workers Union, representing ground workers and other officials, and the Association of Professional Flight Attendants.
The TWU has sent AMR's business plan to its members for five days of voting that was slated to end on Monday.
The bankruptcy is In re AMR Corp et al, U.S. Bankruptcy Court, Southern District of New York, No. 11-15463.
(Reporting by Nick Brown; editing by Carol Bishopric)
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| Thursday, 17-May-2012 12:00 |
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Palestinian prisoners agree to end hunger strike
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Air Jordan Retro Shoes On SaleJERUSALEM (AP) — Hundreds of Palestinian prisoners agreed to halt a weekslong hunger strike on Monday in exchange for promises of better conditions, ending a standoff that left several participants clinging to life and drew thousands of Palestinians to the streets in shows of solidarity.
The Palestinians won key concessions in a deal mediated by Egyptian officials, including more family visits and limits to a controversial Israeli policy that can imprison people for years without charge. In return, Israel extracted pledges by militant groups to halt violent activities, and prevented the potentially explosive scenario of prisoners dying of hunger.
The fate of the prisoners deeply emotional for Palestinians, where nearly everyone has a neighbor or relative who has spent time in an Israeli jail. Hundreds of Palestinians took to the streets of the West Bank and the Gaza Strip each day to show solidarity with the inmates, often holding pictures of their imprisoned loved ones.www.jordansretroforsale.com
In Gaza City, Palestinians cried for joy and praised God over blaring loudspeakers upon news of the deal. "God is Great! To God is our thanks!" they chanted. Thousands waved the colorful Palestinian flag, distributed sweets and prostrated themselves in thanks. The deal ended one of the largest mass strikes of Palestinian prisoners. Two men launched the strike on Feb. 28, refusing food for 77 days, becoming the longest ever Palestinian hunger strikers. At least 1,600 other Palestinian prisoners, more than a third of the prison population, joined the strike on April 17, fasting for 27 days.
With the Palestinians already planning mass demonstrations for their annual day of mourning on Tuesday, both sides were eager to reach agreement to avoid spreading anger over the issue. Palestinians use May 15 to commemorate their suffering that resulted from Israel's establishment 64 years ago, a day they call the "nakba" or "catastrophe."Save on Nike Women's Running Shoes
"The prisoners have proved to the whole world that empty stomachs are more powerful than any ruler or oppressor," said a spokesman for Gaza's Hamas rulers, Fawzi Barhoum.
Israel agreed to allow some 400 prisoners from Gaza to receive family visits for the first time since 2006, according to terms of the deal as confirmed by Israeli and Palestinian officials. Israel halted the family visits after Hamas captured Israeli soldier Gilad Schalit in 2006. But the soldier was returned in a prisoner swap last October and Palestinians wanted the ban to end.Shopping Results for Kids Jordan Shoes
"We were on strike for a simple right: to visit our children. My dream was that Ali would be freed — but at least now I can see him," said Nidal Sarafiti, a 64-year-old Gazan, speaking of his son, who has served seven years of an 18 year sentence for involvement in militant activity. He said he hadn't seen his son since he was imprisoned.
Roughly 20 prisoners released from solitary confinement back into the general prison population. Those included Hamas member Abdullah al-Barghouthi, serving 67 life sentences for helping to plan a series of suicide bombings that killed scores of civilians. He has been in solitary confinement since 2003, said Ehteram Ghazawneh of Palestinian prisoner rights group Addameer.
In another key demand by prisoners, Israel agreed to ease its policy of "administrative detention," in which prisoners are held for months, even years, without charge.
The Palestinian minister for prisoner affairs, Issa Qaraqe, said the 300 detainees held without charge would have their files reviewed after six months. The detentions could only be extended if Israel presents concrete evidence against them to a military court.
Israel had been reluctant to concede to the Palestinian demands, worried it would spark more collective action. Officials noted that many of the hunger strikers were convicted of perpetrating, or being involved, in attacks that killed civilians.Fusion Shoes Jordan Sale
"This deal was a serious mistake, instead of making things tougher for the terrorists they are giving them gifts," said Danny Danon, an Israeli lawmaker from the ruling Likud Party.
Israel's Shin Bet security agency said the prisoners pledged to stop helping to plan and conduct attacks from inside Israeli jails via networks that enable contact with the outside world. It also said militant group's commanders outside the jails made a commitment "to prevent terror activity." It said militant violence or resumed prisoner strikes would "annul the Israeli commitment."
This action was sparked by a hunger strike by Khader Adnan, a spokesman for the militant Palestinian group Islamic Jihad, which has killed hundreds of Israeli civilians. Adnan fasted for 66 days this year to demand his release from incarceration without charge.
After days of negotiations, Egypt's ambassador to Israel, Yasser Rida, personally presented the deal to a Palestinian strike committee that was gathered in an Israeli prison in the southern Israeli city of Ashkelon, officials said.
The two longest strikers, Bilal Diab and Thaer Halahleh, had said they would not start eating again until their administrative detentions are lifted. They have survived by occasionally taking infusions of nutrients.
Diab has been held without charge since last August, and Halahleh has been in administrative detention since June 2010, and spent an additional six and a half years in administrative detention last decade. Both men are Islamic Jihad members, but Israel has not said what they were suspected of doing.
For families of the prisoners, any deal that did not win freedom for their loved ones fell short.
"Will they release Bilal? Is it over?" asked Missadeh Diab, the elderly mother of a hunger striker. "May God give your demands and freedom."
___
Haitham Hamad in Ramallah, West Bank and Ibrahim Barzak in Gaza City, Gaza Strip, contributed to this report. Follow Hadid on twitter.com/diaahadid
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| Thursday, 17-May-2012 12:00 |
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Libyan Islamist quits militia to enter politics: aide
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Nike Air Jordan 6TRIPOLI (Reuters) - Abdel Hakim Belhadj, one of Libya's most powerful militia leaders, is quitting to devote himself full-time to politics, an aide said on Monday, in a vote of confidence for the fragile transition from rebellion to democracy.
Belhadj, a former Islamist militant who helped topple former Libyan leader Muammar Gaddafi in last year's revolt, is to resign his post as head of the Tripoli Military Council and set up a political party, his aide said.
His party is unlikely to be able to register in time for Libya's first ever election on June 19, for a transitional assembly which will draft a constitution.
But with Islamists gaining in influence since Gaddafi's overthrow, Belhadj's party will be well placed to compete in fresh elections to be scheduled by the new assembly.
"He will announce his political party," Anis Al-Sharif, head of Belhadj's office, told Reuters, adding that Belhadj had sent a letter to the ruling National Transitional Council on his resignation.
"He also feels that the revolutionaries have done their job to oust the Gaddafi regime and now it's time to rebuild Libya, to move to a political state," he said.Womens Nike Air Shoes
The military council will meet to elect a replacement for Belhadj, the aide said.
Belhadj is a former leader of the Libyan Islamic Fighting Group, which waged an insurgency against Gaddafi in the 1990s. He spent time with Islamist militants in Afghanistan, though he said he was not allied with Osama bin Laden's al Qaeda.Shoes Jordan Fusions Sale
He was captured, detained by British and U.S. intelligence services, and sent to Libya in 2004, where he was jailed. He renounced violence and was released from jail a few months before the uprising against Gaddafi's 42-year rule.jordan shoes for sale
After rebel fighters expelled Gaddafi's forces from the capital, Tripoli, Belhadj became head of the Tripoli Military Council, a heavily armed force of about 25,000 men.
It was among the most powerful of the volunteer militias which have held real power in Libya in the vacuum left by Gaddafi's downfall. In the past few months, though, it has ceded some functions to the newly created national police and army.new jordan shoes
Belhadj ran the operation from a suite of rooms at the Radisson Hotel, overlooking Tripoli's port. Initially he held meetings in camouflage fatigues, but later swapped those for a suit as he tried to re-model himself as a civilian leader.
Lawyers acting for Belhadj are suing the British government, its intelligence services and a former British foreign minister, over his transfer back to Libya in 2004.
Belhadj alleges that Britain colluded in his "rendition" from Malaysia, where he was arrested in 2004, back to Libya, even though British officials knew he faced torture at home.
(Reporting by Ali Shuaib; Writing by Christian Lowe; Editing by Michael Roddy)
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| Thursday, 17-May-2012 12:00 |
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Grad surprises girlfriend with wedding proposal at commencement
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Kids Jordan ShoesAfter accepting a degree in public affairs, Sarah Cooper was surprised by her boyfriend, Sam Miller, a fellow 2012 grad from American University's School of Communications, who dropped to one knee and asked her to marry him. Naturally, the moment was caught on video and uploaded to YouTube.Jordan Fusion for sale
The two had been dating since their freshman year, according to WPRI, but "were asked by their parents to wait to marry until after they graduated."
Thankfully, Cooper accepted Miller's proposal.www.buy-retrojordans.com
While no doubt memorable, wedding proposals at college graduations are surprisingly not that uncommon.
In 2009, for instance, a graduate at Washington State University was surprised by a marriage proposal from her boyfriend, a medic in the U.S. Navy, as she was returning to her seat.
In 2010, Jamie Gorton, who gave the commencement address at St. Michael's College in Vermont, ended his speech by proposing to his girlfriend and fellow grad, Rachel.cheap jordan for sale
And in 2011, Tamiko Crawford, a graduate of Saint Leo University, was stopped by her boyfriend—a Navy officer—who made a surprise trip home from Afghanistan to propose at her graduation ceremony in Virginia.
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| Thursday, 17-May-2012 12:00 |
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Jordan Retro Shoes For SaleFamous hairstyling pioneer Vidal Sassoon died in his California home on Mulholland Drive this morning. Sassoon, 84, died of natural causes with his family at his bedside. According to the AP, there will be no police investigation and no further details are available at this time.
Sassoon was born in England in 1928, and after his father's early death, his impoverished mother placed him and his brother in a Jewish orphanage for seven years. Upon his return to London he left school at the age of 14 and began a hairdressing apprenticeship at his mother's request. Later he fought in the Israeli army before fulfilling his mother's dream and becoming a hairdresser. "I thought I'd be a soccer player but my mother said I should be a hairdresser, and, as often happens, the mother got her way," he told the AP in 2007.
He opened his first salon in London in 1954, and in 1963 he revolutionized the current popular hairstyles with modern, angular bob cuts. This style was made famous by British designer Mary Quant, the woman responsible for popularizing mini skirts. Sassoon's geometric wash-and-wear hairstyles drew lots of attention, as they were so perfect they required little to no styling--ideal for the women's liberation movement going on at that time. www.shoesjordansforcheap.com
Vidal Sassoon gave designer Mary Quant an edgy, sculpted bob
"My idea was to cut shape into the hair, to use it like fabric and take away everything that was superfluous," Sassoon told the Los Angeles Times in 1993. "Women were going back to work, they were assuming their own power. They didn't have time to sit under the dryer anymore."
Sassoon rose to international fame in 1968 after giving actress Mia Farrow her pixie cut in the film "Rosemary's Baby." He flew to Hollywood and cut off her long hair for a whopping $5,000. The style is still imitated to this day. He opened more salons in London and the United States, and in 1973 Sassoon launched his own line of hair care products with the slogan, "If you don't look good, we don't look good." He also established Vidal Sassoon Academies to teach young stylists his perfected technique. Jordan Shoes
VIdal Sassoon cutting Mia Farrow's hair on the set of Rosemary's Baby
Sassoon moved to Los Angeles in the '70s while searching for a chemist, and he's remained there ever since. He sold his business interests in the early 1980s and started the Vidal Sassoon foundation to support causes like The Boys Clubs of America and the Performing Arts Council of the Music Center of Los Angeles. He has written three books, and a 2010 documentary, "Vidal Sassoon: The Movie," showcased his life as a legendary hair stylist.
Sassoon was married four times and had four children with his second wife, a part-time actress named Beverly Adams. His eldest daughter Catya, an actress and model, died in 2002 of an accidental overdose. Sassoon is survived by three children and his forth wife, Ronnie. Jordan Shoes For Sale
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| Thursday, 17-May-2012 12:00 |
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Ron Paul all but ends presidential campaign, continues delegate
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Jordan 8 Fusion on SaleRon Paul announced Monday that his campaign will no longer spend money on presidential nominating contests due to lack of funds, effectively ending his campaign for the Republican nomination.
Paul wrote the following in an open letter to supporters:
Our campaign will continue to work in the state convention process. We will continue to take leadership positions, win delegates, and carry a strong message to the Republican National Convention that Liberty is the way of the future. Moving forward, however, we will no longer spend resources campaigning in primaries in states that have not yet voted. Doing so with any hope of success would take many tens of millions of dollars we simply do not have.www.buy-jordansretro.com
Paul, the only Republican presidential candidate actively campaigning against front-runner Mitt Romney, encouraged his supporters to continue their involvement in the presidential race as well as down-ballot races across the country, and to spread his message of lower spending and the protection of individual liberties. He stressed that he will continue working to win delegates.
"In the coming days, my campaign leadership will lay out to you our delegate strategy and what you can do to help, so please stay tuned," Paul wrote. He stopped short of an outright suspension, an option all of his fellow competitors (besides Romney) have chosen.
Two weeks ago, Paul and his supporters cheered Paul's delegate wins in Maine and Nevada. But as Yahoo News reported, those wins didn't necessarily move Paul any closer to winning his party's nomination.Kid Jordan Shoes For Sale
Paul has long touted a strategy to rack up delegates as a way to become a part of this summer's convention process, absent an outright win.Shopping Results for Nike Air Jordan 1
Paul currently has 104 delegates and Romney has 966, according to the Associated Press.
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In recent weeks, Paul supporters have been increasingly vocal in their attacks on establishment Republicans, accusing them of employing "dirty tricks" to benefit Romney over Paul.
Paul's campaign attempted to quash the most recent attack Sunday by defending the Republican National Committee and Chairman Reince Priebus against accusations the party is violating Rule 11, which bans favoritism, by creating a joint fundraising committee with Romney in April.
Paul campaign chairman Jesse Benton reconfirmed in a statement Sunday that the Paul campaign was also invited by the RNC to set up a joint committee and declined.Fusion Shoes Jordan Sale
"The RNC offered to set up a joint fundraising committee with the Paul campaign and were very clear that if Dr. Paul became the nominee, the Victory Operation would be behind him 100 percent," Benton said. "They also were clear that they would hold off if our campaign objected. I gave my full consent for the RNC to move forward."
More popular Yahoo! News stories:
? Rob Portman defends Romney over Bain attacks
? Republican vice presidential chatter from the weekend
? Obama calls pastors to explain gay marriage support; black churches 'conflicted'
Want more of our best political stories? Visit The Ticket or connect with us on Facebook, follow us on Twitter or add us on Tumblr. Handy with a camera? Join our Election 2012 Flickr group to submit your photos of the campaign in action.
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| Thursday, 10-May-2012 12:00 |
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Vidal Sassoon, Legendary Hairstylist, Dies at 84
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<a href="http://www.shoesjordansforcheap.com/">Jordan Shoes For Sale</a>Famous hairstyling pioneer Vidal Sassoon died in his California home on Mulholland Drive this morning. Sassoon, 84, died of natural causes with his family at his bedside. According to the AP, there will be no police investigation and no further details are available at this time.
Sassoon was born in England in 1928, and after his father's early death, his impoverished mother placed him and his brother in a Jewish orphanage for seven years. Upon his return to London he left school at the age of 14 and began a hairdressing apprenticeship at his mother's request. Later he fought in the Israeli army before fulfilling his mother's dream and becoming a hairdresser. "I thought I'd be a soccer player but my mother said I should be a hairdresser, and, as often happens, the mother got her way," he told the AP in 2007.
He opened his first salon in London in 1954, and in 1963 he revolutionized the current popular hairstyles with modern, angular bob cuts. This style was made famous by British designer Mary Quant, the woman responsible for popularizing mini skirts. Sassoon's geometric wash-and-wear hairstyles drew lots of attention, as they were so perfect they required little to no styling--ideal for the women's liberation movement going on at that time. <a href="http://www.shoesjordansforcheap.com/">www.shoesjordansforcheap.com</a>
Vidal Sassoon gave designer Mary Quant an edgy, sculpted bob
"My idea was to cut shape into the hair, to use it like fabric and take away everything that was superfluous," Sassoon told the Los Angeles Times in 1993. "Women were going back to work, they were assuming their own power. They didn't have time to sit under the dryer anymore."
Sassoon rose to international fame in 1968 after giving actress Mia Farrow her pixie cut in the film "Rosemary's Baby." He flew to Hollywood and cut off her long hair for a whopping $5,000. The style is still imitated to this day. He opened more salons in London and the United States, and in 1973 Sassoon launched his own line of hair care products with the slogan, "If you don't look good, we don't look good." He also established Vidal Sassoon Academies to teach young stylists his perfected technique.
VIdal Sassoon cutting Mia Farrow's hair on the set of Rosemary's Baby
Sassoon moved to Los Angeles in the '70s while searching for a chemist, and he's remained there ever since. He sold his business interests in the early 1980s and started the Vidal Sassoon foundation to support causes like The Boys Clubs of America and the Performing Arts Council of the Music Center of Los Angeles. He has written three books, and a 2010 documentary, "Vidal Sassoon: The Movie," showcased his life as a legendary hair stylist. <a href="http://www.shoesjordansforcheap.com/">Jordan Shoes</a>
Sassoon was married four times and had four children with his second wife, a part-time actress named Beverly Adams. His eldest daughter Catya, an actress and model, died in 2002 of an accidental overdose. Sassoon is survived by three children and his forth wife, Ronnie.
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| Thursday, 10-May-2012 12:00 |
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T-Mobile goes back to lampooning AT&T iPhone
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Jordan Retro Shoes For SaleNEW ORLEANS (AP) — Six months after AT&T's deal to buy T-Mobile USA collapsed, T-Mobile's TV ads are going back on the attack against a favorite target: AT&T Inc.
Philipp Humm, the CEO of T-Mobile, showed off a new ad Tuesday featuring a hapless man on a motorcycle, cruising on a desert road as a woman on another motorcycle blows past him. The voiceover explains that the man represents an iPhone 4S on AT&T's network, and the woman is T-Mobile's 4G network.
The ad recalls other attack ads T-Mobile showed a year and a half ago. They likened the iPhone to a young man, carrying on his back a frumpy middle-aged man who represented AT&T's data network. The message: AT&T's network slows down the iPhone.Jordan Shoes
Those ads disappeared last spring when AT&T offered to buy T-Mobile for $39 billion. That deal collapsed in December after regulators opposed it on grounds that No. 2 carrier AT&T buying No. 4 T-Mobile would reduce competition.www.shoesjordansforcheap.com
Between the announcement of the deal and its collapse, T-Mobile was in limbo. That hurt the company's brand, and it's now looking at "relaunching" it, Humm told attendees at CTIA Wireless, the U.S. cellphone industry's annual trade show, which kicked off Tuesday in New Orleans.
Ralph de la Vega, the head of AT&T's wireless division, was on hand at the same event to give his opinion about the ads.Jordan Shoes For Sale
"It's comparing a phone to a network," de la Vega said. "Everyone gets that, right?"
The iPhone 4S can't use AT&T latest wireless data network, which uses so-called "LTE" technology. Nor could it utilize the top speeds on T-Mobile's network, even if it were available for T-Mobile subscribers.
"That's why this industry has a bad rap, we take the truth and we stretch it," de la Vega said.
Sprint Nextel Corp. CEO Dan Hesse, on the same panel discussion, chided both AT&T and T-Mobile for their advertising, saying some in the industry have "taken creative license around the use of the digit '4'." Both AT&T and T-Mobile have networks that are considered "3G," or "third-generation," in industry jargon, but started advertising them as "4G" when they upgraded the speeds.
Hesse argued that the wireless industry's "Achilles' heel" is the low trust people put in it, and the confusion around the network branding doesn't help.
T-Mobile subscribers could get a chance to test the claims of the motorcycle ad later this year, as T-Mobile rejiggers its network. That will, for the first time, make the iPhone compatible with T-Mobile's "4G" network. Even if T-Mobile doesn't sell the phone, used iPhones could be brought over from other carriers.
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| Thursday, 10-May-2012 12:00 |
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Struggling RIM announces new executive hires
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New Jordans 2012 For SaleTORONTO (AP) — BlackBerry maker Research in Motion Ltd. said Tuesday that it has hired two new senior executives, including a marketing chief, as the company looks to regain market share lost to Apple's iPhone.
RIM said Frank Boulben will be the new chief marketing officer, a job RIM's new CEO Thorsten Heins described as critically important for the struggling company.
Boulben, 45, served as executive vice president of strategy and marketing at LightSquared, a wireless company that has been struggling since U.S. regulators moved to kill its proposed nationwide broadband network. Boulben also held senior positions at wireless carriers Vodafone Group and Orange.
Kristian Tear is the new chief operating officer. Tear, 48, was executive vice president of Sony Mobile Communications, a unit of another struggling technology company, Sony Corp.www.shoesjordans23.com
Heins said both possess a keen understanding of the rapidly changing wireless market and will help sharpen RIM's focus.
The once iconic BlackBerry company is facing its most difficult period in its history. RIM is working on launching a new operating system just as Americans are abandoning their BlackBerrys for iPhones and models that run Google's Android software. Analysts believe RIM's futures depends on the new BlackBerry 10 operating platform due out later this year, although many say it may come too late.
RIM has been without a chief marketing officer since last year and without a chief operating officer since Heins was promoted in January. Heins replaced co-CEO's Jim Balsillie and Mike Lazaridis after the company lost tens of billions in market value.Jordan Shoes
Heins has said that RIM has to improve its marketing. Boulben will be in charge of that.
"RIM is a pioneer in the mobile world and the BlackBerry brand is a global icon," Boulben said in a statement. "We all know how fast the mobile arena evolves and with the BlackBerry 10 platform, I believe RIM will once again change the way individuals and enterprises engage with each other."
The Waterloo, Ontario-based company has long dominated the corporate smartphone market. Its BlackBerry's are known for their security and reliability. President Obama even refused to part with his BlackBerry after he took office.Cheap Air Jordans
But while RIM still has 77 million subscribers and continues to enjoy success in emerging markets, it has had limited success in the U.S. consumer market in recent years, particularly with high-end devices that sport touch screens popular with consumers. Touch-screen BlackBerrys that lack physical keyboards have largely flopped. BlackBerrys also lag iPhones and Android phones when it comes to running third-party applications.
RIM is also dealing with a "bring your own device" trend, in which employees bring their personal iPhones or Android devices to work instead of relying on BlackBerrys issued by their employers.
Colin Gillis, an analyst with BGC Financial, said Boulben's task will be to find a way for RIM to simplify its message without ignoring the consumer market.
"Quite frankly the marketing bar is so low that a basic competent professional should be able to improve their messaging," Gillis said.
RIM's stock closed up 19 cents, or 1.6 percent, at $12.01 in trading on Nasdaq.
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