DealBook: Facebook's 1st-Quarter Profit Falls 12%

DealBook: Facebook's 1st-Quarter Profit Falls 12%


DealBook: Facebook's 1st-Quarter Profit Falls 12%

Posted: 23 Apr 2012 01:01 PM PDT

Facebook's profit fell 12 percent in the first three months of the year, owing to a broad rise in expenses, the company disclosed in its latest amended prospectus.


UPDATE: Where in the world ... ?

Posted: 23 Apr 2012 12:23 PM PDT

Do you know where this photo was taken?


DealBook: Iceland's Ex-Prime Minister Convicted on Charge Related to Financial Crisis

Posted: 23 Apr 2012 12:43 PM PDT

Iceland's former prime minister, Geir H. Haarde, was found guilty of failing to keep his cabinet informed of major developments during the 2008 financial crisis, but was cleared of three more serious charges of negligence.


Bahrain protester died of birdshot wounds: relative

Posted: 23 Apr 2012 12:47 PM PDT

MANAMA (Reuters) - A Bahraini protester found dead on a rooftop after clashes with police during the Formula One Grand Prix at the weekend was apparently killed by birdshot rounds and his body bore several bruises, his brother said on Monday.


U.S. says has raised North Korea missile-linked sale with China

Posted: 23 Apr 2012 12:42 PM PDT

WASHINGTON (Reuters) - The White House said on Monday it had raised with China new allegations that a Chinese firm sold North Korea components for a missile transporter showcased in a recent military parade, despite a U.N. ban on such sales.


Mixed verdict for Iceland's ex-PM in trial tied to banking collapse

Posted: 23 Apr 2012 12:36 PM PDT

Former Icelandic Prime Minister Geir Haarde was convicted Monday of negligence related to the collapse of his nation's banking system, but he was cleared of three other charges and will face no punishment, a court official said.


Prince Harry to visit U.S.

Posted: 23 Apr 2012 12:40 PM PDT

Britain's Prince Harry is to travel to the United States to be presented with a prestigious award honoring his work with war veterans and serving members of the armed forces.


One Report on Killer in Norway Said Flawed

Posted: 23 Apr 2012 12:13 PM PDT

The psychiatric evaluation that deemed a Norwegian right-wing extremist killer sane has flaws and needs to be complemented, a forensic commission said.


Iran Probes Suspected Cyberattacks

Posted: 23 Apr 2012 12:27 PM PDT

Iranian authorities said they are investigating alleged cyberattacks against the country's oil ministry and possibly against an important export hub.


Spain's Economy Dwindling

Posted: 23 Apr 2012 12:57 PM PDT

Spain's economy contracted 0.4% in the first quarter from the fourth, the country's central bank said Monday, the latest evidence that Spain's efforts to rein in government spending could be feeding a downward economic spiral.


Ex-PM cleared of major charges in Iceland crisis trial

Posted: 23 Apr 2012 12:28 PM PDT

REYKJAVIK (Reuters) - Iceland's former prime minister was found innocent on Monday of three major charges of negligence related to the country's 2008 economic collapse, and guilty of a smaller count that carried no prison sentence.


Facebook buys Microsoft patents

Posted: 23 Apr 2012 12:12 PM PDT

Facebook is paying Microsoft $550m (£341m) for some of the patents it recently bought from AOL - the latest technology patent deal.


John Edwards criminal case begins

Posted: 23 Apr 2012 12:21 PM PDT

The campaign finance trial of ex-US presidential candidate John Edwards opens with a judge revealing a key accuser called other witnesses before the trial.


News Analysis: Europe Caught in Vise as Austerity Weakens Economy

Posted: 23 Apr 2012 12:29 PM PDT

Budget-cutting pain is fueling support for far-left and nationalist parties, but many European leaders simply cannot afford to spend more.


When the Music Moves the Chef and the Menu

Posted: 23 Apr 2012 12:59 PM PDT

For a new generation of chefs, music inspires the way they cook, becoming a pivotal part of their creative process.


Leading Off: Even in the N.B.A., Fists (and Elbows) of Fury

Posted: 23 Apr 2012 08:51 AM PDT

When Metta World Peace of the Lakers threw an elbow at Oklahoma City's James Harden — who sustained a concussion — the N.B.A. joined the N.H.L. in a parade of violence in sports.


Norway mass killer calls rampage 'necessary'

Posted: 23 Apr 2012 12:17 PM PDT

Breivik apologises to one victim and explains action as "minor barbarity to prevent larger one" of multiculturalism.


Cuba plans massive shift to "non-state" sector

Posted: 23 Apr 2012 12:56 PM PDT

HAVANA (Reuters) - Cuba will move nearly 50 percent of the state's economic activity to the "non-state" sector, a senior Communist party official said at the weekend, the latest signal the island is headed toward a mixed economy.


Egypt rejects licenses for U.S. groups

Posted: 23 Apr 2012 12:03 PM PDT

CAIRO (Reuters) - Egypt has rejected a request from eight U.S.-based civil society groups for licenses to operate in the country after a crackdown on their activities sparked the first diplomatic spat with Washington since the ousting of Hosni Mubarak.


Basics: How HBO’s ‘Girls’ Mirrors the Spirit of Sisterhood in Nature

Posted: 23 Apr 2012 12:07 PM PDT

Researchers have lately gathered evidence that female friendship is one of nature's preferred narrative tools.


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