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Saturday, July 27, 2013

Celtics, Nets Top List of NBA Gamblers

Championship contenders are built on calculated risk, just as some of the most lowly, cap-strapped franchises are burned by those very same gambles. Such is the way of it in any industry where the desired resources are so limited. Without enough LeBron Jameses to go around, teams are left to talk themselves into less appealing options at all possible price points, and to compete with one another to acquire them. No matter how much scouting and analysis is done beforehand, the final step in any deal is a plunge ? to commit salary to a player who may fail, may not fit or may suffer some tragic injury.

All is subject to variability and chance, but at the same time not all gambles are created equal. There are wise risks and less sensible ones, sometimes separated by the thinnest...

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Canada payrolls show much smaller gain in May than earlier report

OTTAWA (Reuters) - A survey of Canadian businesses showed non-farm payrolls were up just 8,500 in May, less than one tenth of the number released in an early June report that is based on interviews with households.

Thursday's report - the survey of Payroll Employment, Earnings and Hours - obtained data from a business census.

The Labor Force Survey, Canada's most closely watched employment report, showed a gain of 95,000 jobs in May, the biggest monthly gain since August 2002.

Methodological differences bring slightly different results from the two surveys, but usually the trend is similar. Rarely do they contrast so starkly.

The Labour Force Survey can be volatile and economists warn against reading too much into one month's data. On July 5, the survey showed Canada had shed 400 jobs in June.

(Reporting by Randall Palmer; Editing by Janet Guttsman and Chizu Nomiyama)

Source: http://news.yahoo.com/canada-payrolls-show-much-smaller-gain-may-earlier-131523252.html

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Friday, July 26, 2013

Virginia Johnson, renowned sex researcher, dies

ST. LOUIS (AP) ? Virginia Johnson, the Missouri farm girl who helped redefine the understanding of human sexuality as half of the husband-wife team whose taboo sex studies in the 1960s turned them into worldwide celebrities and best-selling authors, has died. She was 88.

The pioneering sex researcher died at an assisted living facility in St. Louis on Wednesday after suffering complications from various illnesses, her son Scott Johnson told The Associated Press on Thursday. He said the family was planning a private funeral.

Johnson was in her 30s, a twice-divorced mother of two children, when she went job-hunting at Washington University in St. Louis in the late 1950s, seeking work to support her young family while she pursued a college degree.

She was hired as a secretary at the university's medical school but soon became the assistant and lover of obstetrician-gynecologist William Masters, then co-collaborated on a large-scale human sexuality experiment ? a subject all but taboo at the time.

The couple became known for a revolutionary sexual therapy that brought couples from across the country with sexual dysfunction, including celebrities, to St. Louis for their two-week program.

Masters had impeccable academic and research credentials in infertility and hormone replacement therapy ? but some described him as aloof and austere, often difficult to approach. That's where Johnson came in.

Johnson had a way of putting people at ease, so much so that with "evangelical-like zeal" she figured out how to get volunteers "to drop their pants in the name of science," said author Thomas Maier, who wrote a 2009 book about the couple.

Johnson recruited graduate students, nurses, faculty wives and other participants for what Maier described as the "biggest sex experiment in U.S. history."

The late-hours research, first on the medical school campus and later at a nearby building, shattered basic precepts about female sexuality, including Freud's concept that vaginal ? rather than clitoral ? orgasm was the more mature sexual response for women.

Johnson took the case studies and asked the uncomfortable questions. Hundreds of couples, not all of them married, would participate in the observed research.

"Here's a woman without a college degree who helped to revolutionize medicine's understanding of human sexuality, whose therapies are taught in medical schools in the U.S. and around the world," Maier said in a 2010 interview with The Associated Press.

That research was later discussed in their 1966 book, "Human Sexual Response." And their 1970 book, "Human Sexual Inadequacy," explored a therapy they'd developed for men and women with sexual problems.

Both books were best-sellers translated into dozens of languages.

At the height of their careers, Masters and Johnson were huge celebrities, the topic of late-night talk show hosts and on the cover of news magazines.

They married in 1971 and divorced 20 years later, when Masters left her to pursue a sweetheart from his youth. Johnson never remarried.

Their work had its critics, and it was often frowned upon in some circles in an era when sex was seldom discussed publicly.

"There was a lot of grief," her son said Thursday. "There were threats, things of that kind. She was a very strong woman."

Her attorney, Dave Harlan of St. Louis, echoed those sentiments by describing Johnson as "strong willed, extremely intelligent, extremely independent."

As Masters' health was in decline in the 1990s, and Johnson was caring for him, he announced he was divorcing her. Their facility, the Masters and Johnson Institute in St. Louis, closed in 1994 after Masters retired. He died in 2001.

Scott Johnson said his mother also retired in the early 1990s.

Along with her son, Johnson is survived by her daughter, Lisa Young, and two grandchildren.

Source: http://news.yahoo.com/virginia-johnson-renowned-sex-researcher-dies-153044128.html

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Top 10 Most Engaged College Football Fan Bases

TicketCity released some fun information recently in regards to which college football programs have the most loyal fan bases online. According to their report, they used an algorithm created through the following categories:

Average total attendance, all games
Average home attendance
Average ticket price, all games
Average home game ticket price
Percentage of stadium capacity filled at home games
Facebook likes & Facebook "talking about"
Twitter following

Top 10 Most Engaged College Football Fan Bases

Source: TicketCity

As an Alabama alum, this makes me happy.

RTR

Josh Helmuth is the editor for CraveOnline Sports. You can follow him on Twitter @JHelmuth or subscribe at Facebook.com/CraveOnlineSports for the latest in sports on your newsfeed.

Source: http://www.craveonline.com/sports/articles/542051-top-10-most-engaged-college-football-fan-bases?utm_source=rss&utm_medium=rss&utm_campaign=top-10-most-engaged-college-football-fan-bases

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Mobile boosts Baidu's second-quarter revenues; buy-outs grip sector

By Paul Carsten and Lee Chyen Yee

BEIJING/SINGAPORE (Reuters) - Revenues from Baidu Inc's mobile services surpassed 10 percent of its quarterly total for the first time in the April-June period, dispelling fears that China's largest Internet search was losing market share to rivals.

Baidu has invested in location-based services, apps and online videos to make money off smartphone users as it looks to diversify its revenue stream and fend off increasingly stiff competition in the search market from rivals like Qihoo 360 Technology Co Ltd.

Investors had not expected these investments to boost revenues so soon, analysts said.

"Baidu said they were monetizing... but that was something the Street didn't factor in for the second quarter and especially for the third quarter," said Michael Clendenin, managing director of China-based advisory firm RedTech Advisors.

Baidu shares rose 12 percent in after-hours trade after it surprised investors with a higher-than-expected revenue forecast of $1.422 billion to $1.46 billion in the third quarter. Its second quarter revenues rose 28 percent from the previous quarter to $1.23 billion, in line with expectations.

"Our investments in mobile are already beginning to bear fruit," Baidu's Chief Financial Officer Jennifer Li told an analysts' briefing. "Mobile revenue for the first time accounts for over 10 percent of total revenue."

The company declined to disclose the percentage of its first-quarter revenues that came from mobile services.

ACQUISITION MANIA

China's mobile Internet market is expected to double to about 300 billion yuan ($48 billion) in 2014 from 150 billion yuan in 2012, with the number of active mobile Internet users rising to 749 million from 521 million during the same period, according to research firm Analysys International.

The growth potential in the mobile market has boosted total acquisitions, inclusive of net debt, in China's Internet sector to $1.6 billion so far this year, which is more than the $1.1 billion in the whole of 2012 and $900 million in 2011, according to Thomson Reuters data.

Potential targets like Sohu.com Inc, Kingsoft Corp Ltd, Jiayuan.com International Ltd and Ctrip.com International Ltd are also enjoying a boost to their valuations.

The average twelve-month forward price-to-earnings ratio for the four companies was 24.35, compared to the Chinese Internet sector's average of 19.24, Thomson Reuters data showed.

Last week, Baidu said it would buy app store 91 Wireless for $1.9 billion from NetDragon Websoft Inc and other shareholders. [ID:nL4N0FM0V5] In May, it said it would buy the online video business of PPS Net TV for $370 million.

Chinese rivals Tencent Holdings Ltd and Alibaba Group are also investing to stimulate revenue growth.

Tencent is eyeing Western game developers to create games for its popular WeChat app, said Steve Grey, an executive in charge of game production.

Alibaba this year bought stakes in Sina Corp's social-networking website Weibo and in navigation and maps firm AutoNavi Holdings Ltd. Qihoo 360, which also has an app store, is in talks to acquire Sohu's search engine in a deal that could give it almost one quarter of China's search market.

"They're all moving in the same direction, but on mobile they don't know what the proven business model is," said Elinor Leung, an analyst at brokerage CLSA. "So the way to do it is do everything and see which works out eventually."

The rush to expand into mobile means some companies may be overpaying for acquisitions, RedTech Advisors' Clendenin said.

He estimates Alibaba paid ten to eleven times Sina Weibo's projected 2014 sales for its share while the cost to Baidu could be 18 to 19 times the projected sales of 91 Wireless.

"With Baidu there wasn't really much left on the table. I think NetDragon knew they had an advantage," Clendenin said.

"They were one of the few girls left at the dance willing to go out with Baidu."

(Corrects paragraph 5 from shares closing 11 percent higher to shares rising 12 percent in after-hours trade)

(Additional reporting by Pete Sweeney in Shanghai; Editing by Miral Fahmy)

Source: http://news.yahoo.com/mobile-boosts-baidus-second-quarter-revenues-buy-outs-104200183.html

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Thursday, July 25, 2013

AP names Edelsten to top China editorial position

BEIJING (AP) -- The Associated Press has named veteran Asia-based journalist and video producer Miles Edelsten to the new position of news director for Greater China.

The appointment was announced Wednesday by John Daniszewski, senior managing editor for international news; Sandy MacIntyre, AP's director of global video news; and Santiago Lyon, AP's global director of photography.

"China is undergoing dramatic economic growth while facing development challenges that affect not only its people and region, but the entire world," Daniszewski said. "Edelsten's deep commitment to telling the stories of Asia, his sharp and unerring news judgment and his hands-on leadership style make him a great choice to lead one of the AP's most important bureaus."

Previously AP's video news editor for China, Edelsten will manage AP's coverage in text, photos and video for China, Taiwan and Hong Kong. The appointment is part of a move to better integrate how AP manages the various media formats in its bureaus in Asia and around the world. He will report to Brian Carovillano, the Asia-Pacific news director based in Bangkok, and manage three deputies responsible for coverage in text, photos and video.

"Edelsten is a vastly experienced journalist whose leadership of video teams across Asia on some of the biggest stories of the last decade makes him an ideal choice for this role," MacIntyre said. "He is a born storyteller. Leading our text, photo and video operation in an area which is rich in visually stimulating stories is a challenge he will rise to with aplomb."

Edelsten joined AP Television News in 1998 as a newsroom producer in London. The following year he became AP's senior producer in Tokyo, where he coordinated coverage of every major story in Japan over the next 13 years, including the 2002 World Cup and the 2011 earthquake, tsunami and nuclear crisis. In 2012, Edelsten transferred to Beijing to lead AP's video coverage of China, including the new Chinese leadership and the controversy over cyber-hacking.

Edelsten has also has traveled widely to cover big stories, including the Kosovo war, the SARS epidemic in China, the Iraq War, the 2008 Mumbai terrorist attacks, the 2004 tsunami in Asia and the 2008 U.S. presidential election.

A pivotal moment came on March 11, 2011, with the magnitude 9.0 earthquake off northeast Japan. Images he shot while the Tokyo bureau was still rocking were the first pictures of the disaster seen by many people around the world. He subsequently managed a large team of journalists covering the triple disaster that unfolded over the following weeks, and venturing into the exclusion zone around the Fukushima nuclear plant himself to shoot video of the Robinson Crusoe-like existence of a farmer who had refused to leave.

He was also involved in setting up AP's first video news bureau in Pyongyang, North Korea, in 2006, and has regularly visited on assignment since then.

"Edelsten's talent for compelling storytelling and his experience leading teams on major news events have prepared him well for this important role," Lyon said.

Edelsten began his career as an Asia researcher for a news program on Britain's Channel 4 before going on to study Japanese in Tokyo and join Nippon TV as a producer covering Europe and Africa.

Edelsten, 45, is from Dorset, England. He holds a bachelor's degree from Bristol University and a Masters in the Politics of Asia from The London School of Oriental and African Studies.

Source: http://news.yahoo.com/ap-names-edelsten-top-china-013920048.html

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The First Instagram Videos Out of North Korea Show an Isolated Otherworld

Just a few months ago, North Korea decided to flip on its 3G network, giving anyone who somehow managed to find access to a phone the ability to Instagram a landscape that comes with its very own sepia-toning. Now, though, thanks to Associated Press photographer David Guttenfelder and reporter Jean Lee, we have the (as far as we know) very first Instagram videos of life inside this esoteric autocracy.