Overvalued, overhyped, and apparently somewhat corrupt. Its a new bubble.
Thomson Reuters Starmine, meanwhile, more conservatively estimates a 10.8 percent annual growth rate — almost exactly the mean for the technology sector — which would value the stock at $9.59 a share, a 72 percent discount to its IPO price.
In the run-up to Facebook’s $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank’s consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company.
via Insight: Morgan Stanley cut Facebook estimates just before IPO | Reuters.
There shall not be any self-modifying code. F=35 C++ [PDF]
Aside from the slightly scary prospect that one of the worlds “best” fighter jet’s, control code is written in C++. Its an interesting read for anybody who writes C++ or pseudo-C++.
Surely they should be spending more time on getting the Yahoo! back on track, rather than besmirching it some more. And also probably should hire a decent background checking company.
Yahoo’s embattled CEO Scott Thompson is set to step down from his job at the Silicon Valley Internet giant, in what will be dramatic end to a controversy over a fake computer science degree that he had on his bio, according to multiple sources close to the situation.
via Yahoo's Thompson Out; Levinsohn In; Board Settlement With Loeb – Kara Swisher – News – AllThingsD.