Showing posts with label tidings. Show all posts
Showing posts with label tidings. Show all posts

Friday, May 20, 2011

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.

Friday, April 29, 2011

EUROPA LEAGUE: Falcao flows Villareal, Benfica takes over Braga

AFP - FC Porto, with a quadrupling of Falcao, took a huge advantage for the qualification for the final of the Europa League after the semi-finals go on Thursday, beating Villarreal 5-1, while Benfica has become smaller cons Braga (2-1).

After being led in scoring by Villarreal, the "Dragons" have turned the tide with their two Colombian Guarin and especially Falcao, author of a quadrupled.

Villarreal, currently fourth in the Championship of Spain, had opened the scoring just before the break thanks to a goal from Cani (0-1, 45).

Falcao equalized from the penalty spot, a few minutes later (1-1, 49). Guarin then resumed his own head strikes repelled by the pole to take the lead (2-1, 61).Porto, Portugal sacred recent champion, then took off with three new goals Falcao, the best scorer of the tournament (15 goals with this fourfold), putting himself in good position before moving to Villarreal for the second leg .

Benfica dominated the challenger Braga

In the other semifinal, the giant Benfica overcame the challenger Braga neophyte at this level, taking a slight edge before moving on May 5 in "The Quarry", the nickname of the stadium in Braga.

The "Eagles scored two goals in nine minutes to have a catchy Braga. Defenseman Jardel, recalling the memory of his illustrious namesake Brazilian prolific scorer in the Championship of Portugal from 1996 to 2003, tackles the ball successfully repelled by the pole (1-0, 50).

Three minutes later, Braga equalized in the head by Vandinho (1-1, 53), before the Paraguayan Cardozo gives the advantage to the people of Lisbon from a masterful free kick into the top corner (2-1, 59).

The final of the Europa League will take place May 18 in Dublin.

Tuesday, April 19, 2011

COTE D'IVOIRE - EXCLUSIVE: In Duekoue, massacres disrupt the reconciliation

A week after the arrest of Ivorian President Laurent Gbagbo and leaving the arrival in power of his rival Alassane Ouattara, Côte d'Ivoire tries to initiate a process of reconciliation.

Just after taking office effective April 11, the president promised to Ouattara Ivorians that justice in their country would consider "all those who have committed crimes in the same way."

At a press conference, he also announced he would seek the intervention of the International Criminal Court (ICC) in The Hague to "initiate investigations" into the massacres committed since the presidential election on November 28, 2010 .

If the entire Ivorian territory was the scene of fighting between pro-and pro-Ouattara Gbagbo, the west has been particularly affected.

Caroline Dumay, special correspondent for FRANCE 24, visited the region of Duekoue, where Republican Forces of Côte d'Ivoire, Ouattara of armed support, and their supporters are accused of committing hundreds of crimes.

For now, no clear picture is known. But the government Ouattara evokes the figure of 330 deaths in the region.Red Cross for its part has 800 victims in one of the Carrefour district of the city of Duekoue.

Civilian casualties

According to sources, the number of victims varies from one to three now but one thing is certain: the massacres have occurred. One witness, who requested anonymity, described FRANCE 24 one of the photos he took of a civilian killed before his eyes: "This gentleman here, was killed in front of me. It is a sick . He had surgery. I think it is simply out of the hospital to find something to eat and he was shot in front of me. "

The UN has also condemned these abuses.Officials of the UN mission on site say they have witnessed killings on March 28 last, but said they could not intervene.

The forces of the United Nations Operation in Côte d'Ivoire (UNOCI) are still very cautious about the different assessments published, like Colonel Zeidane, who told FRANCE 24: "I can not comment on this figure of 800.It belongs to those who have advanced to justify this figure. "The UN staff in Côte d'Ivoire confirms nevertheless have proceeded with the burial of 198 bodies.

Ethnic conflict

On site, other witnesses tell of gunmen carried out identity checks in order to sort the population according to ethnicity. Gaetan Mootoo, researcher for Amnesty International, said: "In the vicinity of the bridge Guémon, we found identity cards on the floor.We wonder where do these identity cards and why people heading to a place to protect themselves were forced to show their cards. "

In Duekoue, the neighborhood of Carrefour, like many others, was the scene of heavy fighting. Populated mostly healed, ethnic Christian traditionally considered favorable to Laurent Gbagbo, the sector is now devastated. The majority of residents took refuge at the Catholic mission in the city under protection of a battalion of Moroccan peacekeepers.

This "manhunt" which appear to have been victims Gueré beyond the scope of political confrontation Ouattara Gbagbo.Its causes are ethnic, religious and social.

Cure them, landowners, are accused of having formed militias to terrorize the Dioula ethnic group Muslim neighbor who traditionally cultivated these lands on behalf of Gueré. This repression has resulted in numerous conflicts between the two groups in recent years.

It is currently impossible to determine by whom and for what reasons Duekoue massacres were perpetrated. Several investigations are underway, but Duekoue, as in the surrounding villages, dozens of people are still missing the call.

Tuesday, March 29, 2011

Thousands of North African immigrants have landed on the Italian side

AFP - Nearly a thousand immigrants from Tunisia and Libya have arrived in the course of the night from Monday to Tuesday in Sicily and Lampedusa aboard several boats, said the Italian Coast Guard.

The first boat, a large fishing boat about 35 feet long with nearly 500 people on board including women and children, arrived shortly after midnight near the coast of Ragusa, in southern Sicily.

The boat ran aground on rocks near the coast and immigrants, mostly Eritreans, Somalis and citizens of other countries in the Horn of Africa, fleeing the fighting in Libya, were transferred ashore aboard Coast Guard boats in small groups.

About 450 other immigrants also arrived aboard three boats in the night on Lampedusa, a small Italian island that is crumbling under the weight of illegal Tunisian which nearly 20,000 have arrived in recent weeks.

The first boat was carrying 190 people, mostly Eritreans, while two others carried Tunisians.

Faced with overcrowding of immigrants in Lampedusa, an Italian ship left the island with 827 people on board who arrived Tuesday morning in the port of Taranto, in Puglia, southern Italy, where they will be transferred in a temporary shelter set up in this region to cope with the influx of immigrants.

Tuesday, March 22, 2011

Yemen: President Saleh loose new ballast but the challenge continues

Dropped by a portion of his army, the President of Yemen Ali Abdullah Saleh on Tuesday proposed to resign in early 2012, but the opposition rejected the offer insisting on his immediate departure.

Earlier, President Saleh, in power for 32 years, warned against the risks of civil war in his country including the capital Sana'a is the setting for Monday in a deployment of military units rival tanks.

In south-east, in the city of Moukalla a first incident on Monday night between elements of the regular army and presidential guard units had two killed, witnesses and medical sources.

This tension redoubled concern the United States, said Tuesday the U.S. Secretary of Defense Robert Gates. Washington has so far seen the president Saleh as an ally in the war against terrorism and Al Qaeda affiliates.

Of the likes of Osama bin Laden are active in Yemen and were involved in attempted attacks against the United States in 2009 and 2010. Washington provides an annual grant of $ 150 million in Sana'a to combat them.

"The instability and diversion of attention vis-à-vis AQPA (Al-Qaeda in the Arabian Peninsula) is certainly my primary concern in this situation," said Gates, after a trip to Moscow.

To overcome this crisis, the head of state, whose term expires in 2013, proposed "holding parliamentary elections before the end of 2011, followed by election by members of a president in early 2012," according to a senior Yemeni official, who requested anonymity.

But the opposition immediately rejected this offer: "The Yemeni people calling for the immediate departure" of the president, said his spokesman Mohammed al-Sabri."Only one thing can satisfy the people, and that the resignation of this man," he added.

In Sanaa, the military and officials have continued to succeed in front of the demonstrators University Square, the epicenter of protest, to announce their allegiance to the "youth revolt".

The challenge, launched in late January, has gained momentum after the death March 18, 1952 people in an attack against demonstrators in Sanaa attributed to supporters of the regime.

Representatives of members of the Arab League have condemned Tuesday the "crimes against civilians" and urged the Yemeni authorities to meet the demands of the population to "peacefully".

Protesters on Monday received the support of the army chiefs, including General Ali Mohsen al-Ahmar, head north-east which includes the capital.

Armoured units loyal to General Ahmar were deployed around the Central Bank, the headquarters of the General People's Congress (GPC ruling party) and other vital facilities in Sana'a.

But the tanks of the presidential guard, headed by the president's son, Ahmed Saleh, and special forces, commanded by his nephew Tarek Saleh, took up positions around the presidential palace.

A Moukalla, clashed Monday night soldiers under the command of the Eastern Military District, General Mohammed Ali Mohsen, who joined the protest, members of the presidential guard.

A soldier of the regular army and a member of the presidential guard were killed, medics, and three soldiers wounded, including an officer of the regular army.

Mr.Saleh, 69, warned that any conspiracy to precipitate his departure would lead to Yemen, a poor country of 24 million, to civil war.

"Any attempt to take power in a coup would lead to civil war," he said on television before military leadership, whereas the divisions within the army were "harmful" to the country.

Friday, March 18, 2011

AFP - A "race against time" is bound to cool reactors at the Fukushima nuclear power plant accident in Japan, said Friday the chief of the International Atomic Energy Agency (IAEA), Yukiya Amano.

"The cooling is extremely important, so I think it's a race against time," he said in Tokyo after meeting Japanese Prime Minister, Naoto Kan.

The accident at the plant "very serious", it is important that "the international community, including the IAEA," participated in efforts to secure the situation, "he said.

Mr.Amano said further that the IAEA would measure the level of radioactivity in Tokyo, probably on Friday evening, according to comments reported by the agency Jiji.

The level of injury increased by 4 to 5 on a scale of up to 7

The Nuclear Safety Agency Japanese statement Friday from April to May the level of the nuclear accident in Fukushima on the scale of nuclear and radiological events (INES), which runs until 7.

The importance of a problem occurring in a nuclear site is assessed using this scale, level 0 being no abnormality and level 7, the most important, a major accident like Chernobyl ( Ukraine) in 1986.

The increase in severity by the Japanese space agency's accident Fukushima at the same level as that at Three Mile Island (USA) in 1979.

The French Nuclear Safety Authority for its part considers that the accident Fukushima is the severity level 6.

He hopes to "help reassure the Japanese public" by making measurements distinct from those of the Japanese government.

Thursday, March 10, 2011

LIBYA: France recognizes the Libyan National Transitional Council

AFP - France said on Thursday the National Transitional Council (CNT) of Libya, which includes opposition to the regime of Colonel Muammar Gaddafi, as the only "legitimate representative of the Libyan people" and will soon send an ambassador to Benghazi, said the Elysee.

"France has recognized the Transitional National Council as the legitimate representative of the Libyan people," he announced to the press an emissary of the CNT, Ali Essaoui after a meeting with Nicolas Sarkozy at the Elysee.

This information was immediately confirmed by the Presidency of the Republic, making France the first country to recognize the NLC as the sole representative "legitimate" of the Libyan people.

"Based on this recognition, we will open a diplomatic representation, so our embassy in Paris, and an ambassador of France will be sent to Benghazi," said Mr. Essaoui."The ambassador will be installed temporarily in Benghazi, before returning to Tripoli," he added.

The next exchange of ambassadors between Paris and Benghazi was also confirmed in the wake of the Elysee.

This recognition comes on the eve of a special summit of Heads of State and Government of the European Union (EU) in Brussels on Friday, in which Nicolas Sarkozy will propose a "comprehensive plan" on the Libyan crisis.

"There will be a strategic plan to be proposed by France tomorrow (Friday) before the European Council," said another of the emissaries of the Libyan opposition received by Nicolas Sarkozy, Mahmoud Jibril.

"The president told us that there was a comprehensive plan that would be proposed and adopted to address the situation but at a European level, to work for the Libyan people and save the Libyan people's sufferings and massacres perpetrated against him, "said Mr. Jibril, whose remarks were translated into Arabic.

The Elysee Palace confirmed that the plan would be presented Friday to the member countries of the EU, without giving further details.

Nicolas Sarkozy is the first Head of State or Government of 27 to receive official representatives of the Libyan opposition.After the interview, he escorted the three emissaries of CNT on the steps of the Elysee Palace and shook hands at length to reporters.

The French initiative contrasts with the withholding expressed so far by the EU, whose foreign minister Catherine Ashton on Wednesday refused to Strasbourg to support the application of CNT to be recognized as the sole legitimate authority in Libya, yet supported by the European Parliament.


Sunday, March 6, 2011

CINEMA: The Moroccan film "Pegasus" won the Golden Stallion of Fespaco

The film "Pegasus", the Moroccan Mohamed Mouftakir, won Saturday night the Golden Stallion of Yennenga, the highest award of the Festival Pan African Film and Television of Ouagadougou (Fespaco), the great rendezvous of African cinema .

The director received the trophy from Burkinabe President Blaise Compaore at the closing ceremony of the 22nd Fespaco, held in the largest stadium in the capital in the presence of about 20,000 people.

"The price is a pride, that recognition.That's encouraging, "he told the press the director thanking the jury, chaired by the Gambian university M'Baye Cham.

Located in the Moroccan countryside, "Pegasus", the debut film of a young filmmaker, is a story of rape and incest, the drama of Rihanna, a young girl of twenty years manipulated by his father who believe she is pregnant with a demon.

Eighteen films were competing in the feature film category.

The Silver Stallion went to "A man who cries," Mahamat Saleh Haroun from Chad, who had received the Jury Prize at Cannes in 2010 for this film.

The romantic comedy "The guy ideal" of the Ivorian Owell Brown won the bronze stallion.

The Jury Prize went to "Our foreign" the Burkinabe Sarah Bouyain.

The best actor award was given to Benin Sylvestre Amoussou, also director of "A step forward, the bottom of corruption," and Best Actress Samia Meziane in "Journey to Algiers" the Algerian Abdelkrim Bahloul.

The latter also won the award for best screenplay for "Journey to Algiers."

"The Loves of a zombie" by Arnold Antonin (Haiti) has awarded the African Diaspora.

While some critics and filmmakers have been disappointed by the level of Fespaco, M.Compaore has hailed "a victory for Africa" and "a quality production that can integrate markets. "We need to encourage filmmakers to build partnerships and diversify production," he said.

The ceremony was choreographed by the company Salia Ni Seydou Burkina Faso, and the star of the Congolese song Fally Fally has "made the show.

For this edition, a record number of films, 475 were presented to the organizers who did not expect that 300.But they have retained that 195 works, including 111 competing in various categories.

However, "the South Fund (French agency for the support of cinema in the South, ed), the share of African products has increased from 34% of applications approved for the period 84-88 to 12% in 2005-2009" , said Saturday afternoon the French Minister of Culture Frederic Mitterrand, who attended the closing.

It has announced "before summer" a conference on aid to African cinema, to improve coordination and access.

The general consensus, the organization of the Fespaco was satisfactory, whereas accreditation problems and programming marred the celebration of African cinema in the last edition in 2009.

Fespaco remains a popular festival where moviegoers alongside celebrities and other guests. It was established in 1969 "by passionate movie buffs and some directors in order that the African public look at his own images and appropriates them," says the Tunisian filmmaker Ferid Boughedir.