Friday, May 25, 2012
3 Reasons Facebook Is Not Google
By Alex Dumortier, CFA | More Articles
May 20, 2012 | Comments (10)
Superficially, there are some similarities between Facebook (Nasdaq: FB ) and Google (Nasdaq: GOOG ) . There's no doubt that last Friday's extravaganza was the most highly anticipated IPO since the search company sold shares to the public in August 2004. Perhaps investors now buying Facebook shares expect to reap the same returns that early investors in Google did. If they do, they're using the wrong blueprint -- there are fundamental differences between the two companies (and the two stocks) that mean Facebook investors will never achieve comparable success. Here are just three of those reasons.
Facebook's growth is appreciably slower than Google's was
The following bar chart shows the annual revenues of Facebook (red) and Google (blue) side by side. I've chosen different start years -- 2000 for Google and 2007 for Facebook -- to match them up at comparable periods in their development. The vertical axis is on a logarithmic scale, and the unit is billions of dollars.
Click here to read the full IPO Report.
Top Topics
Bernstein Liebhard LLP Partner Stanley D. Bernstein Interviewed By Thomson Reuters Concerning Facebook Inc. IPO Lawsuits
Vintage Filings Launches New Website: Emphasizes Convergence of PR, IR and SEC Compliance
Home Values Continue to Climb in April
Would You Cruise During Hurricane Season?
Releases displayed in Africa/Lagos time | |
25 May 2012 | |
14:34 | Chairperson Ping: the Spirit of Global Pan-Africanism must Prevail in the African Family |
Tweet
Janet Jackson Rocks The Red Carpet at amfAR Event in Cannes
Nutrisystem Success Story Glows in a Pucci Gown
JANET JACKSON, NUTRISYSTEM SUCCESS STORY, ROCKS THE RED CARPET AT AMFAR EVENT IN CANNES. (PRNewsFoto/Nutrisystem, Inc.)
CANNES, France, May 24, 2012 /PRNewswire/ -- Janet Jackson, singer, songwriter, actress, advocate, and author walked the red carpet tonight in Cap d'Antibes, France at the Cinema Against AIDS (amfAR) event being held in conjunction with the Cannes Film Festival. Ms. Jackson glowed in a Pucci by Peter Dundas gown, shoes by Giuseppe Zanotti and jewelry by Pomellato.
(Photo: http://photos.prnewswire.com/prnh/20120524/NE13734 )
The Nutrisystem brand ambassador, who recently inked a film production deal with Lionsgate, was in France in her role as co-chair of the Cinema Against AIDS event which attracts a diverse guest list including many of the celebrities and personalities associated with the film festival as well as familiar faces from the worlds of fashion, music, business, and international society. Since 1993, Cinema Against AIDS events around the world have raised over $70 million for lifesaving AIDS research.
Ms. Jackson was unveiled as the new face of Nutrisystem in December 2011 and has appeared in national advertising campaigns showcasing the iconic superstar's weight loss on the Nutrisystem® SUCCESS™ program and her journey to sustainable, healthy eating.
For more Janet Jackson assets please visit: http://newsinfusion.com/events/nutrisystem.
About Nutrisystem
Having helped Americans lose millions of pounds over the last 40 years, Nutrisystem, Inc. [NASDAQ: NTRI] is a leading authority on nutrition research and the science of weight loss and is also the number one home delivery weight loss company.
Nutrisystem offers balanced nutrition in the form of low glycemic index meal plans designed for women, men, vegetarians, seniors and diabetics. Nutrisystem® plans include a variety of great tasting, satisfying, balanced meals delivered right to your door. The Fort Washington, PA-based Company also provides weight management support and counseling by trained weight-loss coaches and registered dietitians, as well as through an engaged online community, online tools and trackers as well as mobile apps. Nutrisystem is available directly to consumers through www.nutrisystem.com, by phone (1-800-435-4074) and at select retailers.
SOURCE Nutrisystem, Inc.
Source: PR Newswire (http://s.tt/1cHC1)
Tweet
Christian and Muslim Leaders visit Nigeria
25 May 2012 08:27 Africa/Lagos
Christian and Muslim leaders visit Nigeria
GENEVA, May 25, 2012/African Press Organization (APO)/ -- An inter-religious delegation of senior Muslim and Christian leaders has begun a fact-finding visit to Nigeria on 22 May, where in recent months an increase in violence has threatened relations between the two religious communities in Northern Nigeria.
The delegation is being led by Rev. Dr Olav Fykse Tveit, general secretary of the World Council of Churches (WCC), and Prince Ghazi bin Muhammad of Jordan, chairman of the Royal Aal Al-Bayt Institute for Islamic Thought.
In addition to investigating first-hand the situation and factors in the present tensions, the delegation by its presence is expressing to the political and religious leaders in Nigeria the concerns of the international community about the violence.
“The joint involvement of Christian and Muslim leaders in this visit is meant not only to encourage an end to the violence but also to serve as an example of inter-religious cooperation in fostering peace and harmony between people of different religions,” Tveit said.
“We are here, by the grace of God, to humbly learn from Nigerians about their experience and challenges in defending the harmony, unity, peace and security of their great country, and to see if and where international religious voices and institutes can be of any help,” said Prince Ghazi.
The idea of joint Christian-Muslim cooperation in response to situations of violence emerged initially from A Common Word, the global Muslim-Christian Initiative of October 2007. This was followed by a proposal made in November 2010, when a group of some 60 religious leaders met for a Christian-Muslim consultation in Geneva, Switzerland, at the WCC headquarters and reached an agreement to work more cooperatively in situations of conflict.
The statement issued at the end of the November 2010 conference highlighted the need to “find ways to disengage religion” from the role of creating conflict and to “re-engage it towards conflict resolution and compassionate justice.”
To that end, the religious leaders meeting in Geneva recommended the mobilization of a joint working group that would be activated “whenever a crisis threatens to arise in which Christians and Muslims find themselves in conflict.”
On 23 and 24 May, the delegation visited Kaduna and Jos in Northern Nigeria, areas highly affected by the violence perpetrated by the Boko Haram, a militant group. During the visits delegates met with government officials, religious leaders, traditional rulers and the families of victims of violence to gain first-hand knowledge of the situation.
A press conference will be held after the visits. Following the end of the visit on 26 May, the delegation will issue a joint report on what they saw and experienced and will identify areas and projects where Christians and Muslims can work together to end the violence.
For this visit the WCC collaborated with the Christian Council of Nigeria for preparations and logistics.
Source: World Council of Churches (WCC)
Top Reports
Tweet
Princewill Arrives and Joins Many Nigerians To Mourn Prince Olayinka Bakre (Baba Crown)
Prince Tonye Princewill and friends arriving the Funeral venue.
Princewill Arrives and Joins Many Nigerians To Mourn Prince Olayinka Bakre (Baba Crown)
Prince Tonye Princewill leader of Princewill Political Associates and a PDP chieftain who arrived Nigeria after two months holiday with his family in his London base joined other Nigerians on 19th May, 2012 to mourn the passing away of Prince Olayinka Bakre (Baba Crown the father of his childhood friend, Prince Robert Bakre an international businessman based in South Africa in Abeokuta the capital of Ogun State, Western Nigeria.
Prince Tonye Princewill exchanging pleasantries with members of Late Pa Olayinka Bakari's family.
Prince Tonye Princewill and a guest at the funeral of late Pa Olayinka Bakare.
Family members of Late Prince Olayinka Bakare, at his funeral service.
Prince Tonye Princewill with a friend at the funeral service of late Pa Olayinka Bakare.
Robert Bakare son of late Pa Olayinka Bakare; at his dads funeral service.
Prince Tonye Princewill who came with a large entourage the includes most of his core Political Associates while condoling his friend, Prince Robert and the family of late Pa Bakre counselled that their father lived an exemplary and fulfilled life and left legacy which should be a challenge to all his children and those of us who have come across him. “I actually did not come to mourn but to celebrate a legend whose life is a challenge to those who has come across him. He has played his part and ensured that both his children and grandchildren are all better citizens of Nigeria. I prayed God to grant us all the fortitude to bear the irreparable lose while we do our best to live his legacy. I am here as the Prince of the Kalabari Kingdom to console and bear the pains of my brothers and sisters in the western part of our country for this great loss”.
~ By Chief Eze C Eze, Media Consultant to Prince Tonye Princewill.
Tweet
Africa’s Fastest Social Networking Site Targets 20 Million Users in 2012
Africa’s Fastest Social Networking Site Targets 20 Million Users in 2012
The name Yookos stands for "You Own Your Cosmos" and it is the fastest growing social networking site in Africa developed and owned by Africans and has already attracted over 8 million users within a year. Yookos has a special focus on Africans and blacks in the Diaspora to provide a cosmopolitan hub for them on the internet and without the irrelevant junk found on the most popular Western social networking sites where pornography and antisocial trivialities have corrupted the users and polluted cyberspace.
The CEO Mr. Tomisin Fashina granted Nigerians Report a very revealing interview on Yookos drive to have 20 million users before the end of 2012.
Mr. Tomisin Fashina
NR. What makes Yookos different from Facebook, Twitter and other popular Western social networking sites?
TF: I think the big difference lies in the fact that we’re values-based. What that means is that we’re looking to reflect uniquely African values which sometimes get overlooked or diluted on other platforms and networks. Another big difference is the fact that we really try and promote discussions and conversations: people talking to each other, rather than at each other.
NR. How do you intend to make Yookos more attractive to Africans and others who are already hooked on Facebook and Twitter?
TF: For me, the real impact of Yookos lies at the level of connecting people and communities. The old cliché about it being a small world has never been truer, and suddenly we’re finding that social media is helping us create vast new communities of like-minded people, and give them a sense of belonging to something bigger. It’s also about conversations, and getting people talking about issues and things that mean something to them.
NR. Having 8 million users within 12 months is unprecedented for a made in Africa social networking site, and now you are targeting 20 million users before end of 2012. How are you going to achieve that?
TF: We think our rapid growth highlights the fact that the Africa social media market is ripe for a new entrant – and we think our secret weapon lies in providing local relevance to tell truly African stories. We also feel that Yookos has a vital role to play in breaking digital barriers by connecting the social media-savvy diaspora with family and friends back home.
NR. You have an impressive resume with years of international professional experience and expertise in IT and banking before taking up the enormous challenge of being the CEO of Yookos. Why are you doing this?
TF: The thought of being part of something that can make a real and lasting difference in the lives of millions of Africans excites me hugely! In the long run, our emphasis is on social development. Our biggest challenge in the continent is illiteracy, and we’ll be looking to find ways to be part of the solution. We care about Africa and uplifting the people, whether that’s through giving students access to educational materials or putting families in contact with their loved ones on the other side of the world. These are the challenges that I relish!
NR. How far can Yookos go against your local and global competitors?
TF: We have great – and I think realistic - ambitions for Yookos to be the number one social media platform on the continent. More broadly, I think we can realistically look forward to a medium term scenario where we co-exist comfortably with more-established players in a social media universe. Ultimately, we hope to be the African choice, and we like to think that’s because we offer something different to the other players.
NR. How is Yookos funded and will you sell Yookos if you get tempting offers, like an offer from Google or Facebook as they do to buyout their competitions?
TF: Yookos is currently a privately-funded company, which is generating a range of diverse income streams as we grow. Our long-term plans are to remain independent, so a buyout is not on the cards at all. If anything, we may consider a listing at some point in the future, but that’s still some distance off.
NR. What innovations should we expect to see on Yookos before the end of the year?
TF: We’re constantly working on refreshing our look, the range of content we have available and adding functionality. We recently started a games section, where you can play more than 800 games online for free, and have developed mobile apps that allow users to access Yookos on their mobile phones. So for now it’s not about a single great innovation, but rather a series of small changes that make the site better and more compelling for our users.
NR: Thank you sir.
This interview was facilitated by Sesema PR Ltd.
Celebrating 10 years in the business of Communications. Sesema PR Ltd turned 10, April 1, 2012. From its humble beginings as a small agency offering traditional PR services in Nigeria, the company now also serves Ghana, and offers IT & Digital and Market Research services.
In 2007 we became the Nigerian affiliate to Edelman, and in 2009 the agency was awarded the 'Best PR Practise' award by the school of MassCom at Lagos State University.
Sesema has become the agency of choice for international companies operating in Nigeria.
For further information go to: http:// www.sesema.com
Tweet
Thursday, May 24, 2012
Nigerian Star Playwright Janice Okoh Serves Egusi Soup In London
The celebrated Nigerian prize winning playwright Janice Okoh is serving her delicious Egusi Soup to the celebs and others in London.
Egusi Soup is a new play about love, life and loss, with plenty of spicy bits!
Wed 23 May – Sat 9 June, Soho Theatre, London.
Sat 16 June, Mercury Theatre, Colchester
A fast, furious and funny new intergenerational and cross-cultural Nigerian family comedy from Janice Okoh. As the Anyias, a British-Nigerian family, pack their suitcases and prepare to head home to Lagos for a memorial service in honour of the late Mr Anyia, they soon realise they will need to get rid of some excess baggage first, and not just of the material kind. The chaotic return to London from the USA of the Anyias’ eldest daughter, Anne, disrupts the family equilibrium that has settled after her father’s death, and deeply held resentments resurface dramatically.
Janice Okoh is an award winning playwright. In 2011, her play The Real House (Three Birds) won the Bruntwood Prize and was short-listed for the Verity Bargate Award and the Alfred Fagon Award. Her recent theatre productions include: Top Brass (Theatre 503, 2010), a short play written in response to The Charming Man by Gabriel Bissett-Smith. Her recent radio plays include: Reunion (BBC Radio 4 Extra, 2011); Carnival, a short play for the From Fact to Fiction series (BBC Radio 4, 2010) and SE8 (BBC Radio 4, 2010). This year, Janice has adapted Malorie Blackman’s novel Noughts and Crosses for the Saturday Play (BBC Radio 4).
Making up the cast are: Ellen Thomas, Rhoda Ofori-Attah, Anniwaa Buachie, Nick Oshikanlu and Lace Akpojaro.
Ellen Thomas is one of the country’s leading black actresses. She has been twice nominated for Best Actress in the EMMA Awards and nominated as Best Actress by Screen Nation and The Black Media Awards.
Ellen has a hugely successful TV, film and stage career. She has appeared in Eastenders as Grace and 4 series of the hugely successful Teachers. Other regular roles include: 3 series of Cardiac Arrest and leading roles in London Bridge, Holding On and The Jury. Ellen also appeared in Buried Treasure alongside John Thaw for LWT which won the 2002 BAFTA Audience Award. Theatre work includes: Tiata Delights at The Almeida; Statement Of Regret at The National Theatre; The Estate, Soho Theatre; womanliness Monologues on Tour; Blest Be The Tie at The Royal Court; Maria in Twelfth Night at The Manchester Royal Exchange and A Bitter Herb at The Bristol old Vic, for which she won fabulous reviews.
Egusi Soup is a co-production between Soho Theatre and Menagerie Theatre Company in association with Mercury Theatre, Colchester.
Menagerie is one of the UK’s leading independent new writing theatre companies, seeking out and supporting talented new writers. As well as touring widely, Menagerie curates and produces the annual Hotbed Festival in Cambridge. www.menagerietheatre.co.uk
Egusi Soup was developed at Menagerie’s Sparks programme and then at Hotbed. Janice Okoh is a Menagerie Associate Writer.
Soho Theatre aims to bring the most entertaining, brave and theatrical new work to audiences across a programme spanning comedy, cabaret and theatre; with three spaces, a late night bar, innovative education projects and world famous writers’ centre, Soho Theatre is one of the most vibrant venues on London’s cultural scene.
Egusi Soup Facebook page: https://www.facebook.com/EgusiSoupMenagerie
For more information, tickets for press night (Friday 25th May), biogs, interviews or photographs, please contact:
Mhari Gallagher
e: mhari@menagerie.uk.com
t: 01223 322111
m: 07725739106
Tweet
Spinlet Partners with Samsung to Release the Samsung Galaxy Pocket in Nigeria
24 May 2012 05:07 Africa/Lagos
Spinlet Partners with Samsung to Release the Samsung Galaxy Pocket in Nigeria - The Samsung Galaxy Pocket launches with pre-installed songs, and song credits.
SAN FRANCISCO, May 23, 2012/PRNewswire via African Press Organization (APO)/ -- The mobile music download and streaming application Spinlet will partner with Samsung Electronics in the launch of the brand's new Samsung Galaxy Pocket S5300 in Nigeria. The Galaxy Pocket will come with a pre-installed Spinlet application loaded with five songs and enough credit for consumers to purchase five additional songs from the massive music catalog available through the Spinlet app.
(Photo: http://photos.prnewswire.com/prnh/20120523/SF12767)
The partnership of the recently launched cloud based service, Spinlet, and one of the forerunners in digital design and technology, Samsung, allows for a groundbreaking opportunity for consumers to enjoy their favorite music on an advanced new smart phone with TouchWiz UI multi tasking and wi-fi capabilities.
The market for digital music in Africa has been untapped by any of the major music services to date. This opened the door for the partnership with Samsung to once again be a trendsetter. The Spinlet model allows independent musicians and bands in Africa to sell their music alongside other more prominent artists in Africa and from around the world. Spinlet also provides artists with tools to better understand their fan base and interact with them through social media. By providing the application pre-installed, Samsung significantly increases the amount of listeners and potential buyers of these artists' music. "In a country riddled by piracy, the free streaming and pay per download model that Spinlet and Samsung are providing to the market really helps create value in fans eyes and a revenue stream for artists," says Eric Idiahi, Spinlet Chairman.
According to Daesong Ra, Business Manager, Mobile Division Samsung Electronics West Africa, "Our proposition offers consumers smart phone experience that is not only affordable but 'Clearly Different, Clearly Smart.' The Samsung Galaxy pocket comes packed with over 400,000 free apps, faster internet connectivity at an amazing retail price of N18,900. In addition, consumers on the MTN network can enjoy 1 month free of internet data to experience these exciting smart phone solutions."
Spinlet and Samsung will host a collaborated launch party for the Samsung Galaxy Pocket, on Wednesday, May 23 at The Oriental Hotel as part of the high profile, on-going series, Industry Nite. Attendees will have a chance to win the brand-new Galaxy Pocket and mingle with music industry execs from all over Africa. Please contact Spinlet for more information on attending and/or covering the event.
For press inquiries please contact: Melissa Adair // E-mail: melissa@spinlet.com
About Spinlet: Spinlet is a lifestyle entertainment company focused on meeting the needs of music lovers allowing them to buy, listen, share, and manage music all within a free user friendly mobile platform. The application is currently launched and available throughout Nigeria. For more Info or to download the app visit http://spinlet.com/ .
Source: Spinlet
Top Reports
Tweet
Happy 21st Wedding Anniversary To Chief & Mrs Eze C. Eze
Chief & Mrs Eze C. Eze Cutting Their 20th Wedding Anniversary Cake.
TODAY, 23RD MAY, 2012 MARKS MY 21ST WEDDING ANNIVERSARY!!!
To the glory of God based on His infinite mercy and luv and with a heart full of happiness and gratitude to God Almighty, I am happy to announce to all my friends, enemies and associates that today 23rd May, 2012 marks my 21st wedding anniversary to a rare gem and embodiment of motherhood –fmr ADA CHIOMA HENRIETTA NWAORGU OF IMO STATE.
Chief & Mrs Eze C. Eze During Their 20th Wedding Anniversary.
This lady that I met on 16th January, 1986 in UNICAL we were students and thru sports came together as friends. I was then the University Students Director of Sports, UNICAL Football Team-Manager and Sports Coordinator of Faculty of Arts of UNICAL while she was the Athletics Captain and a key member of the University female Football Team. In assisting me to coordinate the female athletes in 1986, we won the 1986 Inter-Faculty Games of the University. She was a close ally in most of the key feats I achieved both as a student and student’s union activist!
She left the University in 1988 to do her youth service in Port Harcourt while I left in 1989 to serve in Yola in the then Gongola State present day Taraba and Adamawa States. We got married formally on 23rd Dec, 1991 at her home town, Ngo-Okpala in Imo State and wedded by Bishop Ignatius Kaigama in St. Theresa Catholic Church in Yola on 23rd May, 1992. She assisted me to set up Eze Continental Investment Ltd from the scratch and today it has become a household name in the entire North East of Nigeria in areas of Sports Promotion and selling of the best quality of sports equipment until January 2012 when we were forced to leave Yola due to the menace of Boko Haram to our present abode in Abakalik, Ebonyi State.
Mrs. Eze and their son Kelechi.
To the glory of God we are blessed with six great kids. Two of them are already in the University studying Computer Science and Public Administration, two to enter university before the year runs off while the last two are in Secondary and Primary Schools.
The devil and his cohorts knowing how great this family ordain by God will be plotted to eliminate my entire family when on 21st Dec, at Ogoja in CRS my Jeep conveying my wife and five of my kids for the xmas was involved in a fatal accident with a FAD Trailer that cost the lives of the Driver and two of the conductors of the trailer while nobody in the Jeep sustained any serious injury. Just for God to prove His luv and concern for my family.
My brothers and sisters, join me to pray and thank God for seeing us through till this day as we rededicate our lives for better services to mankind!
If there is anything like reincarnation, I will still pray God to grant me the grace to remarry this great gift to mankind!
~ Chief Eze Chukwuemeka Eze, 23-05-12
Tweet
Wednesday, May 23, 2012
Boko Haram Is Neither for Nigerian Muslims Nor Christians
This cartoon on Boko Haram from http://www.metransparent.com/spip.php?page=article&id_article=18382&lang=ar is the most illustrative I have seen so far.
The People Committed to the Propagation of the Prophet's Teachings and Jihad, aka Boko Haram is an Islamic militant legion attacking the ruling government in Nigeria and those opposed to their Jihad whether Christians or Muslims.
Tweet