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It’s Christmas
This was on the other night so I guess the holiday season can officially start:
As for me, I’m officially suffering from a case of the holiday blues.
The Facebook juggernaut
Already valued at about $43 billion, the company is generating revenue of over $2 billion:
Revenue will more than double from 2009, said the people, who declined to be identified because the privately held company doesn’t disclose revenue. Facebook had $700 million to $800 million in sales last year, and the 2010 figure was previously expected to be closer to $1.5 billion, according to two other people familiar with the matter earlier this year.
Facebook’s more than half a billion users have made it an attractive target for advertisers, including Coca-Cola Co., JPMorgan Chase & Co. and Adidas AG. In October, Facebook surpassed Yahoo! Inc. when ranked by the number of global users, making it No. 3 behind Google Inc. and Microsoft Corp., according to ComScore Inc., a research firm in Reston, Virginia.
“The love affair of consumers with social networks is an abiding one, so it’s not going to go away,” said Karsten Weide, an analyst with IDC in San Mateo, California. “All the big brands are there.”
Although I’m on Facebook, I’m not the biggest fan. I see the practicality of some of the more practical information-sharing uses for businesses. But unless I’m a beneficary of some of that hefty ad revenue, seeing my “friends” lame and idiotic status updates just irritates me.
Creating ringtones for your iPhone
Watch and learn:
This is by far the easiest way I’ve found to create a ringtone for the iPhone.
Senate Democrats to American taxpayers: “F— off. And then f— off some more.”
Senate Democrats have filed a $1.1 trillion omnibus spending bill that would fund the government through fiscal year 2011, according to Senate GOP sources.
The 1,924-page bill includes funding to implement the sweeping healthcare reform bill Congress passed earlier this year as well as additional funds for Internal Revenue Service agents, according to a senior GOP aide familiar with the legislation.The package drew a swift rebuke from Sen. John Thune (R-S.D.), chairman of the Senate Republican Policy Committee.
“The attempt by Democrat leadership to rush through a nearly 2,000-page spending bill in the final days of the lame-duck session ignores the clear will expressed by the voters this past election,” Thune said in a statement. “This bill is loaded up with pork projects and should not get a vote. Congress should listen to the American people and stop this reckless spending.”
Just a complete and utter disregard for the will of American voters taxpayers.
Oh, and did I mention they’re Democrats? By that I mean, there are Republicans in the mix too:
Despite strong opposition from Thune and Senate GOP Leader Mitch McConnell (Ky.), several Senate Republicans are considering voting for the bill.
“That’s my intention,” said retiring Sen. Bob Bennett (R-Utah) when asked if he would support the package.
Bennett said earmarks in the bill might give some of his GOP colleagues reason to hesitate but wouldn’t affect his vote.
“It will be tough for some, but not for me,” he said.GOP Sens. Kit Bond (Mo.), George Voinovich (Ohio) and Susan Collins (Maine) also told The Hill on Tuesday they would consider voting for the omnibus but want to review it before making a final decision.
Hey Senator Bennett, don’t let the cloakroom door kick you in the backside on the way out. Did I mention that these people are all a bunch of lying, sanctimonious douchebags?
Senator McConnell says he’s trying to stop this insanity:
“I think there are many Senate members who have provisions in it for their states who are also actively working to defeat it. This bill should not go forward,” he said. ”And regardless of whether members had some input in the bill much earlier in the year when the bills could have been moved to the floor bill by bill by bill, it is completely and totally inappropriate to wrap all of this up into a 2,000-page bill and try to pass it the week before Christmas.”
“It’s completely inappropriate. I’m vigorously in opposition to it. And most of the members of the [Appropriations] committee are as well,” McConnell added.
For some reason, Mitch McConnell vowing to stop the bill from coming to a vote doesn’t fill me with any sense of confidence whatsoever.
If you’re looking for reasons why the American people are sick of politicians and don’t particularly care about the political process in this country, this whole episode is a prime example of one.
Christmas with Governor Christie
Governor Christie, with help from the Boston Pops, reads ‘Twas the Night Before Christmas.
WP doesn’t allow embedding of this video format, so click-through the link and enjoy.
The corporate ladder vs entrepreneurship
An interesting piece in today’s New York Times on how recent college graduates are ditching the presumed, conforming career path of corporate America, and blazing their own trails.
…[Scott] Gerber started the Young Entrepreneur Council “to create a shift from a résumé-driven society to one where people create their own jobs,” he says. “The jobs are going to come from the entrepreneurial level.”
[...]
Council members assert that young people can start businesses even if they have little or no money or experience. But whether those start-ups last is another matter. Roughly half of all new businesses fail within the first five years, according to federal data. And the entrepreneurial life is notoriously filled with risks, stresses and sacrifices.
But then again, unemployment is 9.8 percent; Mr. Gerber’s in-box is flooded with e-mails from young people who have sent out hundreds of résumés for corporate jobs and come up empty. According to the National Association of Colleges and Employers, only 24.4 percent of 2010 graduates who applied for a job had one waiting for them after graduation (up from 19.7 percent in 2009). What do some people have to lose?
THE lesson may be that entrepreneurship can be a viable career path, not a renegade choice — especially since the promise of “Go to college, get good grades and then get a job,” isn’t working the way it once did. The new reality has forced a whole generation to redefine what a stable job is.
Moving away from a resume-driven society sounds great to me.
The iPad is killing off the newspaper industry
Not a surprise, but still eye-opening:
[...] 84.4% of iPad owners primarily use their iPad to follow breaking news and current events. As a result, newspaper subscriptions, once the staple of the newspaper industry, are being cannibalized by the iPad. Slightly more than 30% of iPad owners do not subscribe to a newspaper, preferring to consume news on their tablet device. Of the 931 respondents that have a newspaper subscription and read an hour’s worth of news each day on their iPad, more than half (58.1%) intend to cancel their newspaper subscriptions within six months. A growing 10.7% have already canceled their subscription and have switched to iPad-only reading.
Who’s talking…