Facebook slumps as mobile ad growth fails to impress

(Reuters) – Shares of Facebook Inc were set to open 7 percent lower on Thursday as a surge in fourth-quarter mobile advertising revenue failed to live up to Wall Street’s high expectations.Three brokerages downgraded the stock of the No. 1 social network, which has struggled to develop a full-fledged mobile advertising business.Facebook has long established itself as one of the most important websites,...

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Kendra Wilkinson Fondly Remembers Hugh Hefner's Late Secretary

By Tim Nudd 01/31/2013 at 08:30 AM EST Kendra Wilkinson and (inset) Mary O'Connor Jason LaVeris/FilmMagic; Inset: Elayne Lodge A friend, a confidante, a shoulder to cry on. Someone who brought a welcome dose of levity when things got heavy. Mary O'Connor was many...

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Sex to burn calories? Authors expose obesity myths

Fact or fiction? Sex burns a lot of calories. Snacking or skipping breakfast is bad. School gym classes make a big difference in kids' weight.All are myths or at least presumptions that may not be true, say researchers who reviewed the science behind some widely held obesity beliefs and found it lacking.Their report in Thursday's New England Journal of Medicine says dogma and fallacies are detracting...

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Stock futures point to lower open after weak GDP read

NEW YORK (Reuters) - Stock index futures pointed to a slightly weaker open on Wednesday following an unexpected contraction in fourth-quarter economic activity. The first read showed gross domestic product fell 0.1 percent, far below expectations for growth of 1.1 percent. However, a read on private sector employment topped forecasts, with the ADP National Employment report showing 192,000...

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IHT Rendezvous: A Story Known Far and Wide, in Denmark at Least

Until this month, if the Danish director and screenwriter Nikolaj Arcel was known at all in the English-speaking world, it was as the co-writer of the screenplay for the original version of “The Girl With the Dragon Tattoo.” But after winning two prizes at the Berlin Film Festival a year ago, the latest film he directed, “A Royal Affair,” is now getting attention in Hollywood as one of the five contenders...

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Yandex puts mobile app blocked by Facebook on hold

MOSCOW (Reuters) – Russian internet company Yandex has put an experimental application that allows users to search social networking sites from mobile devices on hold after it was blocked by Facebook.Facebook, which launched its own search tool earlier this month, blocked the Wonder app three hours after its launch on January 24 for U.S. users.The application allows users to look for recommendations...

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'Kid President' Has a Pep Talk for the World

By Dahvi Shira and Stephen M. Silverman 01/30/2013 at 08:30 AM EST "Kid President" Robbie Novak Listen up! Kid President has some words of wisdom to share.The young, self-proclaimed child chief of the United States doesn't identify himself by name in his video,...

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Soldier with new arms determined to be independent

BALTIMORE (AP) — After weeks of round-the-clock medical care, Brendan Marrocco insisted on rolling his own wheelchair into a news conference using his new transplanted arms. Then he brushed his hair to one side.Such simple tasks would go unnoticed in most patients. But for Marrocco, who lost all four limbs while serving in Iraq, these little actions demonstrate how far he's come only six weeks after...

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Stock futures lower; Ford volatile in premarket

NEW YORK (Reuters) - Stock index futures edged lower on Tuesday as investors took profits following an extended rally and waited for earnings and data on consumer confidence and housing. Equities have been on a tear lately, with the S&P 500 ending an eight-day streak of gains in Monday's session. The index remained above 1,500, suggesting there was still support for a market that...

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IHT Rendezvous: As Asia Grows, So Do Prizes

BEIJING — A new Asian prize that pays more than the Nobel Prize will launch next year, joining an expanding list of cash-rich awards in the region as prosperity and philanthropy grow. Yet one prize – China’s Confucius Peace Prize – set up in 2010 in apparently outraged response to the award of the Nobel Peace Prize to the jailed Chinese dissident Liu Xiaobo – seems to be unable to establish itself....

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