INTERNET: Behind the sensational debut of LinkedIn stock market, the return of bubbles?

In Champagne, there are lots of bubbles. The leaders of the social network LinkedIn for professionals have had to drink a lot yesterday, noting the dramatic increase in group action at its first trading day. But have they asked if the drink was not too strong an aftertaste of Internet bubble?

At first blush, LinkedIn has indeed something to celebrate. The California company has filled the pockets during its IPO. She succeeded on Thursday, raising $ 352 million by selling nearly 8 million shares at 45 dollars each.The group noted the purchase price the day before his arrival on the market, raising it from 32 to 45 dollars.

When quotations on Wall Street have begun, the transactions are packed. The action of LinkedIn jumped in one day by 109%. The Bourse closed with action LinkedIn to $ 98, after passing a time, the symbolic $ 100. After this crazy day, LinkedIn has a market value of $ 8.9 billion - more than 570 times its revenue in 2010.

An economic model different from Facebook

Everyone seemed to want to acquire this Thursday from the IPO, the largest for a U.S. company web since Google in 2004.LinkedIn, born in 2003, has about 100 million users. This social network is unique in that go mainly to professionals draws about half its income from the investment of vacancies.

A special feature compared to the giant Facebook which all - or almost - the money comes from advertising.LinkedIn's business model would be attractive to investors who bet on economic recovery, and its accompanying ads: more and more people will seek to recruit on the site.

LinkedIn's market performance was described by analysts as "surprising" by the New York Times or "tulip mania" in the Wall Street Journal (in reference to the explosion in the price of tulips in the Netherlands in the seventeenth century that was followed by a dramatic collapse in the value of these flowers).The newspaper said that U.S. economic LinkedIn has only 15 million dollars in profits last year.

Inflation dangerous?

This market success may indeed have a bitter taste for LinkedIn and all players in the Internet sector. The leaders of the social network may wonder if they have not been fooled by the banks - like Bank of America and Morgan Stanley - who advised them to price their work at 45 dollars and took charge of selling at this rate. Because these institutions were then forced to sell their clients the same shares at prices much higher."It is as if a real estate agent found a buyer for your home $ 1 million, and the next day allowed the new owner to sell $ 2 million," says Friday, Silicon Valley Insider, a site specialized in new technologies.

The other concern relates to the entire Internet sector. "The specter of a new bubble is more present than ever," notes the Economist in a blog post. The evolution of LinkedIn on the secondary market - where the shares traded companies before their IPO - good example of this price inflation: there is another year, it was possible to buy a stake in the social network professional for less than $ 20.Given the success of the first IPO, the value of similar businesses in the secondary market could explode. However, these companies do not generally publish information about their financial situation before their IPO.

PAKISTAN: Exchanges of fire between the Pakistani army and NATO forces

Two soldiers were wounded Tuesday in north-western Pakistan in the crossfire with NATO helicopters from Afghanistan, according to the Pakistani army has "strongly protested" against what it calls a "violation "of its airspace.

In Kabul, a Western officer acted under cover of anonymity, as helicopters, operating in Afghanistan had returned fire after being fired at from Pakistan.

Islamabad denounced the military frequently raids by international forces in the border tribal areas, the stronghold of Pakistani Taliban chief sanctuary in the world of Al Qaeda and Afghan Taliban rear base.

The incident occurred at dawn in the frontier tribal district of North Waziristan.

"Two helicopters violated Pakistani airspace (...) and our troops at a military post opened fire on them.In a firefight, two of our soldiers were injured, "says the Pakistani army in a statement.

"The Pakistani army has strongly protested" to the NATO force in Afghanistan (ISAF), concludes the text.

Earlier, without mention of Pakistani firing, military officials had assured him, on condition of anonymity, that "two helicopters had violated NATO airspace and bombed a military post, injuring two soldiers in the area Wacha Bibi ".

In Kabul, the NATO international force (Isaf) "has heard of a possible incident" at this point of the border. "We are investigating," he told AFP Lt. Col. John L.Dorrian, the public relations department of the force, composed by American soldiers for over two-thirds.

For his part, a Western military official in Kabul confirmed that both NATO aircraft that were operating on the Afghan side had responded to fire from Pakistan.

"Two helicopters were flying in the coverage area of ​​a forward base" international forces "that was taken under fire by fire from the Pakistani side," he told AFP on condition of anonymity.

"One of the devices has also suffered under fire from across the border, but did not return fire immediately.He did when he was again under fire, "the source said.

This latest incident comes as relations between the U.S. and Pakistan, its key ally in its "war against terrorism, have deteriorated after a squad of U.S. Special Forces helicopter from Afghanistan, had eliminated Osama bin Laden in a villa in Abbottabad, a city garrison two hours drive north of Islamabad.

North Waziristan is the stronghold of Pakistani Taliban allied with al-Qaeda and the main rear base for Taliban's Haqqani network, the bete noire of American troops and the Afghan government.

The Pakistani military often accuse NATO of violating his space, or bombardment from Afghanistan, especially when its troops pursuing Taliban who attacked them. It has happened in the past that these shots, intentionally or not, reach positions of the Pakistani army.

FOOTBALL: Opposed to the final Lille, PSG dream to keep "his" Coupe de France

AFP - The Cup of France offered Saturday at the Stade de France a gala final between the two teams most spectacular Ligue 1: Lille in contention for the double, and Paris St Germain, the defending champion and a true expert the test in search of a ninth trophy.

Before you plunge into the deep end of the championship and look to a possible third crown, Lille will want first to end a long drought and could even raise the Cup, 56 years after their fifth and final victory.

If Lille could have without the services of one of his masterpieces of the medium, Florent Balmont (thigh tear), he can always count on the young Belgian Hazard (20 years) and a true specialist in the Cup person Mickaël Landreau.

The guard, who lifted the trophy twice with Nantes (1999, 2000), has never lost a final and has even done by hand this week in L1 by stopping a penalty kick against the Greens. After releasing his first club in 8th-finals (1-1 ap, 3 tab 2), it could close the loop by crucifying PSG, where he played from 2006 to 2009.

With 8 trophies to their credit, the Parisians are in fact very far from the record of wins in the Coupe de France held by the enemy Marseille (10).

While the capital club is back to the forefront after several lackluster seasons, a new coronation at the Stade de France after he won in 2010 against Monaco (1-0 aet) Boost without doubt struggling with training Lyon return to the Champions League for the first time since 2004.

EGYPT: The detention of Hosni Mubarak extended

AFP - The Egyptian judiciary said Tuesday it has extended the detention of former President Hosni Mubarak for 15 days as part of the investigation into the suppression of anti-regime protests earlier this year.

The Prosecutor General Abdel Meguid Mahmoud "ordered the preventive detention of former President Hosni Mubarak for 15 days, beginning at the end of his current period of detention" May 12, said in a statement.

The spokesman for the Prosecutor's Office said a team of investigators visited the hospital Tuesday in Sharm el-Sheikh on the Red Sea, where Mr.Mubarak, for further interrogation.

A source at the prosecutor's office told AFP that he would announce in coming days if Mr. Mubarak will be tried or not.

He could be sentenced to up to hanging if convicted, had said in late April the Minister of Justice, Abdel Aziz al-Guindi.

The former president, 83 years, driven by 11 February a popular revolt that ended three decades of power, had been placed in custody April 13 for periods of 15 days, renewable.He is charged along with his two son Gamal and Alaa to the violent repression of the protest movement and is suspected of corruption.

Mr.Mubarak is being treated since April 12 at the international hospital in Sharm el-Sheikh resort in Sinai, after having a heart attack during interrogation.

He is asked about his responsibility in the deaths of protesters during the revolt (January 25 to February 11) and the controversial contracts for the sale of Egyptian gas to Israel which led to losses of several billion dollars for the country, according the prosecution.

According to one report, 846 civilians died in the protests that led to the departure Mubarak.A member of the commission of inquiry into the suppression indicated that the former president was complicit in the bloodshed.

Former Interior Minister Habib el-Adli is on trial for ordering the firing against demonstrators, after being sentenced to twelve years in prison Thursday for embezzlement.

More than two months after the fall of M.Mubarak, the pressure remains high in Egypt for the former president and his immediate family are brought to justice swiftly.

Justice had asked the Interior Ministry being transferred to Tora prison in the southern outskirts of Cairo, where his son already Alaa and Gamal, also detained for periods of 15 days, renewable, and former Ministers and senior officials of the regime.

But the department ruled that the prison hospital was not adequately equipped to cope with any rapid deterioration in his health.

On 10 April, Mr. Mubarak was out for the first time in its silence to be a victim of "defamation". In a speech sound, he denounced the "smear campaigns" against him and defended his "reputation" and his "integrity." He assured that neither he nor his wife Suzanne had any assets abroad and said he was ready to cooperate with the law.

Historic collapse of the Bloc Quebecois in the federal election

"We were expecting a good score, New Democratic Party (NDP), but certainly not as much. Voters separatists and separatist dropped the Bloc Quebecois. This is history. This is the first time in 100 years that it breaks down this way, "surprised Denis Saint-Martin, a political scientist and lecturer at the University of Montreal.For him, "is a vote against the system, a rejection of the elites and not the sign of a turning socialist." According to Francois Bergeron, associate publisher and editor of the French-language weekly "L'Express de Toronto," the analysis applies to the rest of Canada, predominantly in English: "This is a protest vote against the federal policy in general. "

The NDP, the party left most represented in the House of Commons of the Parliament, took over three-quarters of the seats reserved in the Belle Province in the Federal Parliament. He finds himself with 60 of the 75 seats. "This wave NDP is a bit surreal.People have been elected without being known - and sometimes even without having visited the constituency they covet - in the face of elected Bloc well known, "Francois Bergeron surprised.

"A party that has no roots in Quebec"

According to commentators, the personality of its leader, Jack Layton, has much to do. He is a child of the province, he grew up in Quebec.He is suffering from cancer and some analysts believe it could play its positive image.

But Denis Saint-Martin doubt that the party is able to meet the aspirations of French-speaking province of identity: "It's a party that has no roots in Quebec on the historic plan. I think that the hopes of Quebeckers are likely to be disappointed. " He explains that "the political weight of the training was in Quebec while the bodies of the party are not in the province." The bastion of NDP, which is also the constituency of Jack Layton, Toronto happens to be.

Stephen Harper, the Conservative Prime Minister in power since 2006, is the winner of the poll.Now have a comfortable majority that had escaped the previous two elections, "he is free to do what he wants," Francois Bergeron analysis. "One of the first things he will do is raise the budget recently rejected by the previous majority."

The Bloc Quebecois, loser of the election

The Bloc Quebecois, it retains only 4 of the 47 seats it had in the outgoing parliament - in place since 2008. Given the low number of elected, he will lose official party status in the House of Commons and find private funding to training in the majority.In addition, Stephen Harper announced Monday he would end the public subsidies for political parties (independent of election results), which should further reduce its resources.

Still, for Denis Saint-Martin, "those who think that these results are indicative of the end of the independence movement, they are wrong. It is a sleeping giant. The dream of an independent Quebec is more than ever there . Some voters saw the NDP as the last chance, but if the NDP fails to convince, it will be very supportive of separatists. "