Facebook search to generate revenue, no rival to Google: analysts

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(Reuters) – Facebook Inc’s new search tool has strong potential to generate revenue for the social networking company, though it is unlikely to challenge Google Inc as the world’s dominant search engine, Wall Street analysts said on Wednesday.


Facebook’s “graph search” tool, rolled out on Tuesday, lets its more than 1 billion users trawl their network of friends to find everything from restaurants to movie recommendations and is the company’s biggest foray into online search.






Graph search contains some category suggestions that can be easily monetized, BofA Merrill Lynch analysts said in a note.


“It should be easy to incorporate commercial search results via Facebook’s partnership with Bing,” they added.


Facebook currently has a partnership with Microsoft Corp, whose Bing search engine provides search results for external websites. Microsoft also integrates certain Facebook results into its Bing search results.


BofA Merrill Lynch analysts estimated Facebook could add $ 500 million in annual revenue if it can generate just one paid click per user per year, and raised its price target on the stock by $ 4 to $ 35.


Facebook’s shares were flat at $ 30.10 in early trading on Wednesday. They have jumped about 50 percent since November to Tuesday’s close after months of weakness following its bungled Nasdaq listing in May.


However, analysts at J.P. Morgan Securities said the lack of a timeline for the possible launch of graph search on mobile devices may weigh on the tool’s prospects.


The success of the graph search, which will rely heavily on local information, depends on Facebook launching a mobile product, the analysts said. Half of all searches on mobile devices seek local information, according to Google.


Graph search also lacks the depth of review content of Yelp Inc, the analysts added.


Pivotal Research Group analyst Brian Wieser said monetization potential would be largely determined by Facebook’s ability to generate a significant portion of search query share volumes and he expects that quantity to be relatively low.


“Consumers are likely to continue prioritizing other sources, i.e. Google. Advertisers would consequently only use search if they can, or are perceived to, satisfy their goals efficiently with Facebook,” Wieser said.


NO GOOGLE KILLER


Analysts mostly agreed that Facebook’s search tool was unlikely to challenge Google’s dominance in web search at least in the near term.


“As of now, we do not see Graph Search as a threat to Google Web search. Looking forward, Facebook Graph searches could be competitive with certain categories of Google searches, such as Places and Maps,” BofA Merrill said.


Internet search, social networking tools and e-commerce are among the biggest weapons that companies such as Facebook, Google and Amazon.com Inc have in their battle for supremacy. A successful combination of the three could win the day for them.


Google has been trying to combine social networking and search for more than a year by integrating Google+ into its search engine.


“Overall, Graph Search offers users a unique view to information not available on Google, but does not replace Google. We view the relationship between Facebook Graph Search and Google as both competitive and complementary,” Piper Jaffray & Co analysts said.


The brokerage said users looking to buy a cellphone, for example, could search for friends’ reviews on Facebook and expert reviews on Google.


(Reporting by Sayantani Ghosh in Bangalore; Editing by Sriraj Kalluvila)


Social Media News Headlines – Yahoo! News





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Harley Pasternak Blogs About the Benefits of Eating Avocados

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01/16/2013 at 04:00 PM EST








Getty. Inset: Lou Rocco/ABC


Every morning I receive an email with the newest scientific studies published in the exercise and nutrition world. Once in a while, a study comes up that makes me excited enough that I have to blog about it. Below is one of these studies.

Researchers from UCLA's Center for Human Nutrition revealed some interesting new information on the health benefits of Hass avocados. The study was divided in to two groups – one ate hamburgers with fresh Hass avocado halves, and one ate them without the avocados. 

Results showed significant heart health advantages when the avocado and the burger were eaten together, rather than the plain burger.

The group that ate the burger with the avocado had lower levels of inflammation indicators (a key risk factor for heart disease), lower triglyceride levels (a type of fat in the bloodstream that can lead to the hardening and narrowing of your arteries) and superior arterial blood flow than those that ate the burger plain.

I've always been a huge fan of avocados. A true superfood, they're high in fiber, vitamin E, cancer-fighting carotenoids, and perhaps most importantly, they're an amazing source of heart healthy monounsaturated fats.  

Much like its healthy-fat containing cousins olives and almonds, avocados are calorically-dense, but they're also nutrient dense. Moderation is key, and you don't need much for your body to reap the benefits.  

I find avocados are a great way to add some "richness" to many of my recipes and make for a healthier alternative to butter (on toast) and cream (in soups).

Below is a delicious tortilla soup recipe my clients really enjoy.  You can also find some great guacamole and smoothie recipes online.

Tortilla Soup with Avocado

Ingredients
4 medium corn tortilla(s) 
½ tsp garlic powder
¼ tsp cayenne pepper
1 small yellow or white onion, finely chopped 
1 clove garlic, minced 
2 medium ripe tomatoes, finely chopped
1 medium yellow pepper, finely chopped
1 ripe avocado, pitted and sliced length-wise
1 medium serrano or jalapeno chile, seeded and minced
3 cups reduced-sodium chicken broth
2 Tbsp fresh cilantro, minced, divided 
Salt (to taste)
½ tsp black pepper 
¼ cup low-fat shredded cheese (optional)

Directions
1. Preheat oven to 400ºF.
2. Create a mixture of the garlic powder and cayenne pepper. Dust both sides of each tortilla with the mixture, then cut each into strips, about 1-inch wide. Place on cookie sheet; bake until just crisp, about 9 minutes. Remove from oven and set aside.
3. Coat a medium pot with a light coat of cooking spray, and add chopped vegetables and sauté until soft – about 5 minutes.
4. Add broth, half the cilantro and salt and pepper and cook about 8 minutes.
5. Ladle soup into 4 bowls. Top each with the cheese, toasted tortilla strips, sliced avocado, and remaining cilantro. Serve hot. Serves 4

How do you like to cook with avocados? Tweet me @harleypasternak – and let me know.

Check back every Wednesday for more insider tips from celebrity trainer Harley Pasternak on Hollywood's hottest bodies – and learn how to get one yourself! Plus: Follow Harley on Twitter at @harleypasternak

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ER visits tied to energy drinks double since 2007

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SAN FRANCISCO (AP) — A new government survey suggests the number of people seeking emergency treatment after consuming energy drinks has doubled nationwide during the past four years, the same period in which the supercharged drink industry has surged in popularity in convenience stores, bars and on college campuses.


From 2007 to 2011, the government estimates the number of emergency room visits involving the neon-labeled beverages shot up from about 10,000 to more than 20,000. Most of those cases involved teens or young adults, according to a survey of the nation's hospitals released late last week by the Substance Abuse and Mental Health Services Administration.


The report doesn't specify which symptoms brought people to the emergency room but calls energy drink consumption a "rising public health problem" that can cause insomnia, nervousness, headache, fast heartbeat and seizures that are severe enough to require emergency care.


Several emergency physicians said they had seen a clear uptick in the number of patients suffering from irregular heartbeats, anxiety and heart attacks who said they had recently downed an energy drink.


More than half of the patients considered in the survey who wound up in the emergency room told doctors they had downed only energy drinks. In 2011, about 42 percent of the cases involved energy drinks in combination with alcohol or drugs, such as the stimulants Adderall or Ritalin.


"A lot of people don't realize the strength of these things. I had someone come in recently who had drunk three energy drinks in an hour, which is the equivalent of 15 cups of coffee," said Howard Mell, an emergency physician in the suburbs of Cleveland, who serves as a spokesman for the American College of Emergency Physicians. "Essentially he gave himself a stress test and thankfully he passed. But if he had a weak heart or suffered from coronary disease and didn't know it, this could have precipitated very bad things."


The findings came as concerns over energy drinks have intensified following reports last fall of 18 deaths possibly tied to the drinks — including a 14-year-old Maryland girl who died after drinking two large cans of Monster Energy drinks. Monster does not believe its products were responsible for the death.


Two senators are calling for the Food and Drug Administration to investigate safety concerns about energy drinks and their ingredients.


The energy drink industry says its drinks are safe and there is no proof linking its products to the adverse reactions.


Late last year, the FDA asked the U.S. Health and Human Services to update the figures its substance abuse research arm compiles about emergency room visits tied to energy drinks.


The Substance Abuse and Mental Health Services Administration's survey was based on responses it receives from about 230 hospitals each year, a representative sample of about 5 percent of emergency departments nationwide. The agency then uses those responses to estimate the number of energy drink-related emergency department visits nationwide.


The more than 20,000 cases estimated for 2011 represent a small portion of the annual 136 million emergency room visits tracked by Centers for Disease Control and Prevention.


The FDA said it was considering the findings and pressing for more details as it undertakes a broad review of the safety of energy drinks and related ingredients this spring.


"We will examine this additional information ... as a part of our ongoing investigation into potential safety issues surrounding the use of energy-drink products," FDA spokeswoman Shelly Burgess said in a statement.


Beverage manufacturers fired back at the survey, saying the statistics were misleading and taken out of context.


"This report does not share information about the overall health of those who may have consumed energy drinks, or what symptoms brought them to the ER in the first place," the American Beverage Association said in a statement. "There is no basis by which to understand the overall caffeine intake of any of these individuals — from all sources."


Energy drinks remain a small part of the carbonated soft drinks market, representing only 3.3 percent of sales volume, according to the industry tracker Beverage Digest. Even as soda consumption has flagged in recent years, energy drinks sales are growing rapidly.


In 2011, sales volume for energy drinks rose by almost 17 percent, with the top three companies — Monster, Red Bull and Rockstar — each logging double-digit gains, Beverage Digest found. The drinks are often marketed at sporting events that are popular among younger people such as surfing and skateboarding.


From 2007 to 2011, the most recent year for which data was available, people from 18 to 25 were the most common age group seeking emergency treatment for energy drink-related reactions, the report found.


"We were really concerned to find that in four years the number of emergency department visits almost doubled, and these drinks are largely marketed to younger people," said Al Woodward, a senior statistical analyst with the Substance Abuse and Mental Health Services Administration who worked on the report.


Emergency physician Steve Sun said he had seen an increase in such cases at the Catholic hospital where he works on the edge of San Francisco's Golden Gate Park.


"I saw one young man who had mixed energy drinks with alcohol and we had to admit him to the hospital because he was so dehydrated he had renal failure," Sun said. "Because he was young he did well in the hospital, but if another patient had had underlying coronary artery disease, it could have led to a heart attack."


___


Follow Garance Burke on Twitter at http://twitter.com/garanceburke


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S&P 500 flat as growth concerns temper bank earnings

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NEW YORK (Reuters) - The S&P 500 was little changed on Wednesday as a bounceback in Apple shares and gains in bank stocks offset concerns about global economic growth.


Goldman Sachs shares hit their highest level since May 31, 2011 as earnings nearly tripled on increased revenue from dealmaking and lower compensation expenses. JPMorgan Chase said fourth-quarter net income jumped 53 percent and earnings for 2012 set a record.


JPMorgan shares edged up 0.4 percent at $46.55 and Goldman was up 4.1 percent to $141.19.


They were among the first big banks to report results and helped to lift estimates for S&P 500 corporate earnings slightly to a 2.2 percent gain, Thomson Reuters data showed.


"Pretty solid numbers from both JPMorgan and Goldman Sachs are putting a lot of momentum behind the financials, with a lot more names to report this week. But I think that's helping to put a better bid to the market overall," said Michael James, senior trader at Wedbush Morgan in Los Angeles.


Apple rebounded after three days of losses, making the Nasdaq outperform the S&P 500 and Dow.


"There could not have been more negativity around Apple going into today. So was it due for an oversold bounce on a trading basis? Absolutely," James said.


The Dow Jones industrial average <.dji> was down 25.31 points, or 0.19 percent, at 13,509.58. The Standard & Poor's 500 Index <.spx> was up 1.01 points, or 0.07 percent, at 1,473.35. The Nasdaq Composite Index <.ixic> was up 12.04 points, or 0.39 percent, at 3,122.82.


A slow economic recovery in developed nations is holding back the global economy, the World Bank said on Tuesday, as it sharply scaled back its forecast for world growth in 2013 to 2.4 percent from an earlier forecast of 3.0 percent.


Apple shares were up 4.6 percent at $508.48. The stock closed below $500 on Tuesday for the first time since February.


Shares of Dow component Boeing fell 3.8 percent to $74.05 and was the biggest drag on the Dow, on concerns about its new Dreamliner passenger jets. Japan's two leading airlines grounded their fleets of 787s after an emergency landing, adding to safety concerns triggered by a series of recent incidents.


U.S. economic data showed U.S. consumer prices were flat in December, pointing to muted inflation pressures that should give the Federal Reserve room to prop up the economy by staying on its ultra-easy monetary policy path.


Other data showed U.S. homebuilder confidence in the market for single family homes held steady near seven year highs in January, suggesting the outlook for the housing market remained upbeat.


(Additional reporting by Chuck Mikolajczak; Editing by Nick Zieminski and Kenneth Barry)



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The Lede Blog: Video Shows Flaming Wreckage After Helicopter Crash in London

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Footage of the flaming wreckage of a helicopter crash in London on Wednesday posted on YouTube by Nic Walker.

Video and photographs posted online by witnesses showed smoke and fire on a street in central London after a helicopter crash on Wednesday. The police said the aircraft hit a crane atop a residential tower, exploding into flames and hurtling to the ground during the morning rush, my colleagues Lark Turner and Alan Cowell reported.

The pilot, identified by his employer as Capt. Pete Barnes, 50, was the only occupant in the aircraft. He and one person on the ground were killed, and at least nine were injured after the helicopter hit the crane on one of Europe’s tallest residential towers, known as The Tower.

One witness described seeing cars on fire and people screaming and running for their lives, in a brief video interview. A worker in the area told Britain’s Channel 4 News that the helicopter was “struggling” and making “funny noises” before it crashed.

A video report from Britain’s Channel 4 News.

A journalist named Mike Smith posted a photograph of the crane on Twitter, and footage from Britain’s Sky News showed the location near the Thames.

Footage of the crash site, from Britain’s Sky News.

The most telling video and photographs, perhaps, were recorded by Nic Walker, a resident of Vauxhall, the area where the crash took place.

Later in the day, after the images he posted on YouTube and Twitter were widely published and broadcast, Mr. Walker wrote on his @nic0 Twitter feed that he had no interest in making money from the episode.

The Facebook page of RotorMotion, the company for which Captain Barnes was flying, carried condolence messages. In a statement, RotorMotion said he was a very skilled pilot who had left behind a wife and children.

A spokesman for the company said that on Wednesday, Captain Barnes was on an executive charter flight and was on his way to pick up a client at Elstree Aerodrome. “We understand that he was diverting to Battersea heliport as a result of poor weather over Elstree and was approaching Battersea when the incident occurred,” said Paul Blezard.

Captain Barnes had an extensive career in medical ambulance flights. A British race car driver, Jolyon Palmer, wrote on Twitter that the pilot had helped to save his life in 2007.

The Yorkshire Post reported that Captain Barnes had flown with the air ambulance services there. In a 2006 profile of the pilot that discussed his work on films including the James Bond thriller “Die Another Day,” The Post quoted Captain Barnes saying, “It’s not as glamorous as everyone thinks — there’s a lot of hanging about and then suddenly you’re activated and you have to get on and do your stuff.”

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Apple supplier sees big Q4 boost, likely a good sign for iPhone 5 demand

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Shares of Apple (AAPL) have been hit hard over the last few days. Investors continue to worry about the company’s profit margins, demand for its popular line of smartphones and tablets, and its future endeavors. With upcoming competition from Research in Motion (RIMM) and Microsoft (MSFT), and an ongoing battle with Google’s (GOOG) Android operating system, analysts fear that Apple’s mobile dominance may be a thing of the past. While we won’t officially know anything until the company reports its holiday earnings on January 23rd, a small German company has painted a calming picture for Apple shareholders.


[More from BGR: HTC One SV review]






Dialog Semiconductor announced last week that it expects to report a significant increase in sales for its December quarter. The company noted that the increase was due to “a stronger than anticipated end of year, underpinned by a strong late surge in demand for smartphone and tablet products.” Dialog Semiconductor now expects to report revenues of $ 268 million, an increase from between $ 215 million and $ 235 million.


[More from BGR: Extensive BlackBerry Z10 demo video posted by German website [video]]


The important thing to note is that, as of this past fall, Apple is Dialog’s largest customer and accounts for 60% of its total revenue.


Logic dictates that solid demand for Apple’s iPhone and iPad during the holidays helped boost Dialog’s performance. This could also mean that the iPhone-maker will report not only a strong December quarter, but a better-than-expected March quarter as well.


It looks like all this talk about customers losing interest in Apple may indeed be premature.


This article was originally published on BGR.com


Wireless News Headlines – Yahoo! News





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Holly Madison in Doghouse with Homeowners Association

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01/15/2013 at 03:30 PM EST







Holly Madison and dog Louis


Denise Truscello/WireImag


Holly Madison is having a little trouble getting her neighbors to think pink.

The former Playboy pin-up – and current mom-to-be – is moving out of her home in the Rancho Circle neighborhood of Las Vegas after repeated complaints from the homeowners association over her pink doghouse, which is human-sized and built to accommodate her three pups, Louis, Napoleon and Josephine.

"When I went over it with my contractor, he consulted the HOA on all their restrictions and whatnot," she told Las Vegas Weekly. "He told me it has to match the architecture of the house, so I did that with the roof because … it's possible you could see the roof from the street, but you can't see any of it from the street, actually."

In addition, the structure's creative color has also been a point of conflict for the association, which has repeatedly fined the star over it – not that Madison's taking their actions lying down.

"It's a hundred dollars a month," she said. "I haven't been paying it. I just keep sending them nasty letters."

Luckily for Madison, when the doghouse was constructed, it was designed to be movable.

"Yes, I'm going to bring it," she replied when asked if it will accompany her to her newest home.

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Risk to all ages: 100 kids die of flu each year

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NEW YORK (AP) — Twenty flu-related deaths have been reported in children so far this winter — one of the worst tolls this early in the year since health officials began keeping track.


Still, experts say that doesn't mean this year will turn out to be unusually deadly. Roughly 100 children die in an average flu season, and it's not clear that will happen this year.


The deaths have included a 6-year-old girl in Maine, a 15-year-old Michigan boy who loved robotics and a tall high school senior from Texas who got sick in Wisconsin while visiting his grandparents for the holidays.


On average, an estimated 24,000 Americans die each flu season. Elderly people with chronic health conditions are at greatest risk.


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Wall Street flat as Apple down again but retailers rise

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NEW YORK (Reuters) - Stocks were nearly flat on Tuesday as tech heavyweight Apple dragged on the market as it extended losses into a third day, while economic data helped retailers advance.


Apple was the biggest weight on both the S&P 500 and Nasdaq 100 <.ndx> after reports on Monday of cuts to orders for iPhone parts. Shares were down 3 percent at $486.50 after hitting a session low of $483.84, its lowest level since February.


Retailer stocks advanced and helped to minimize the market's decline after a government report that retail sales rose more than expected in December was seen as a favorable sign for fourth-quarter growth. However, a separate report showed manufacturing activity in New York state contracted for the sixth month in a row in January.


"It's trying to push its way up in here, the question is, has Apple stabilized maybe a little bit down here? The retail sales numbers were really good, much better than expected this morning and that is helping the whole retail group," said Paul Mendelsohn, chief investment strategist at Windham Financial Services in Charlotte, Vermont.


"The bulls are clearly trying to take control of this market and hold it up here. There is clearly buying on any of the dips."


American Eagle Outfitters Inc gained 4.4 percent to $20.51 and Gap Inc rose 3.3 percent to $32.44. The Morgan Stanley retail index <.mvr> climbed 1.5 percent.


The Dow Jones industrial average <.dji> was up 21.56 points, or 0.16 percent, at 13,528.88. The Standard & Poor's 500 Index <.spx> was up 0.98 points, or 0.07 percent, at 1,471.66. The Nasdaq Composite Index <.ixic> was down 8.25 points, or 0.26 percent, at 3,109.26.


Also keeping investors on edge was the looming debt ceiling debate. On Monday, President Barack Obama rejected any negotiations with Republicans over raising the U.S. debt ceiling. The United States could default on its debt if Congress does not increase the borrowing limit.


Resolving the debt ceiling debate is more a question of how than if. Investors don't expect a U.S. default, but they are also wary of another eleventh-hour agreement like the one in August 2011.


An expected lackluster earnings season, too, kept investors from taking aggressive bets. Analyst estimates for the quarter have fallen sharply since October. S&P 500 earnings growth is now seen up just 1.8 percent from a year ago, Thomson Reuters data showed.


Homebuilder Lennar reported a sharp rise in quarterly profit, but the stock fell 1.7 percent to $40.33 on worries that growth in orders was slowing. The PHLX housing sector index <.hgx> declined 0.3 percent.


(Additional reporting by Chuck Mikolajczak; Editing by Kenneth Barry and Nick Zieminski)



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India Ink: In New Delhi, Women Marry Up and Men Are Left Behind

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There’s an unexpected problem in New Delhi’s high-end marriage market, according to Gopal Suri, who has been a marriage broker for two decades.

There are too few “quality” men, he said in a recent interview, as a growing pool of young women with unprecedented levels of education are seeking and making matches with educated men from higher socioeconomic groups.

The repercussions from India’s skewed sex ratios are being felt at all economic levels, including Delhi’s wealthiest families. For every 1,000 men in urban India, there are only 926 women, according to India’s census. In Delhi’s urban area, that figure for women drops even lower, to 867. Poor migrant laborers, who travel to the city for work, account for some of the gender disparity, but there is still a large pool of single middle-class men in Delhi.

The well-educated women’s upward mobility has a cascading effect, he said. The less-educated men from wealthy, but not incredibly rich, families get left behind. (Mr. Suri’s business in south Delhi, A to Z Matchmaking, caters to households with an annual income of 5 million rupees ($90,000) to more than 50 million rupees ($900,000).

There are plenty of young men in Delhi with money, he said, but their education levels fall short compared with other women in their class bracket. Educated women in general can afford to be choosy because they are the minority in the marriage market.

“Literacy-wise, there aren’t many boys,” said Mr. Suri.

These empowered women are increasingly discerning when it comes to marriage. In this age of tell-all social networks and social media, it’s not too difficult to research prospective mates, Mr. Suri said. “Some men are into gay activities, some are into drugs or drink too much,” he said. “Then the market finds out and so his reputation goes down. This is the age of Facebook.”

For men who are in the lowest tiers of society, “there is frustration,” he said, as they have limited prospects for marriage or jobs. “He’s not going to get anything or anyone,” he said.

The male frustration, as Mr. Suri dubbed it, arises because the men can’t accept that women in their socioeconomic class are moving swiftly ahead of them. Sometimes these men lash out, and women bear the brunt of it, Mr. Suri said, alluding to the recent attention to violence against women in India’s capital.

These men wind up “on the roads and frustrated, and try to do something, somehow,” he said. “When he drinks, it is like icing on the cake.”

Mr. Suri brokers about 200 marriages a year. In 2008 and 2009, Mr. Suri said, he saw a huge spike in weddings when young, educated men who had left India for opportunities abroad returned to the motherland, further diminishing the prospects for the men in Delhi.

Demographics aside, the primary factors for determining compatibility in India’s marriage market are economics and education, he said.

Other factors do come into play, he said: “Are they cultured? Intellectually compatible? Personally compatible?” But, he said, “ultimately, people pay most attention to finances, in this day and age especially. Money is the floating god.”

Still, highly educated women don’t necessarily get the perfect mates, Mr. Suri said, and most women have to compromise “on one thing or the other.”

“If she does get married, it’s usually out of compulsion,” he said. “This is why divorce has gone up.”

And when women are more educated then their partners, “it just doesn’t match,” Mr. Suri said. “The boy gets an inferiority complex, and the girl starts thinking, ‘Where can I take him?’ ”

The “marrying up” trend isn’t seen among very wealthy women, he said, since the pool of very rich eligible men has shrunk.

“The girls have become 35 or 40 and can’t get married,” Mr. Suri said. “First they were choosy,” he said, and now they are too old.

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