Facebook IPO Date, Price, and other News

Social networking giant Facebook marketed it’s $11 billion initial public offering to interested shareholders today, in the Four Seasons in Boston.

“We never buy into an offering” Warren Buffet said, who is not interested in investing in facebook.  Not too surprising as Buffett prefers stable long-term investments that he understands and would back his whole life.  ”I would not short Facebook, I would not short Google, I would not short Apple — they’re fantastic companies. But in terms of what they’ll be worth five or ten years from now, I just don’t know.”

Warren Buffet is a “legendary investor”, and is the primary shareholder, chairman, and CEO of Berkshire Hathaway Inc.  He does not bet against it, but as his partner Charlie Munger says, ”I don’t invest in what I don’t understand. And I don’t want to understand Facebook.”

The public date is scheduled for May 18.  At a price range of $28 to $35, I may put some money into it, as I am fairly confident will stay a giant alongside Google and Apple for quite a while.  They certainly won’t become obsolete any time soon, so as long as they are not mismanaged they should continue to grow.

 

Joss Whedon directing “Avengers”

Some of Joss Whedon’s Notable Work:

Buffy the Vampire Slayer
Angel
Firefly
Dollhouse
Dr. Horrible’s Sing-Along Blog

Mr. Whedon is now the director and screenwriter of “The Avengers.”

Story By
Cast
Release Date(s)
April 11, 2012(world premiere)
May 4, 2012 (United States)

Budget: more than $220 million

 

http://en.wikipedia.org/wiki/The_Avengers_(2012_film)

Apple Flashback: Does my Mac need Antivirus Protection?

Yes, as Mac computers grow in popularity they are bigger targets for malware.  The media loves a story and every vulnerability that affects mac users lead to headlines like “Widespread Virus Proves Macs Are No Longer Safe From Hackers“, or “Flashback trojan shows Macs do get viruses“.  As an equal parts Mac and Windows user, here are some unbiased things you should know.

Mac still don’t need antivirus programs yet.  All of the current Mac threats have been patched through software update.  However, you should still be concerned about the security of your Mac, in fact you should always have been concerned about it.  Practice good surfing habits, and keep your computer updated.  Don’t run programs you don’t recognize or click on links in e-mails from people you don’t recognize.  Macs are not as susceptible to malware, but when you park your car in a nice neighborhood you still lock your doors.  To do otherwise is just socially irresponsible.

The vulnerability is actually in Java, which is an add-on currently owned by Oracle.  As a heavy PC user I rely on Java, and don’t recommend canning it.  But Macs no longer ship it by default, so the responsibility of installing and keeping it updated is YOURS.  Sure Apple could be nice and handle it for you, but isn’t that what everyone loves so much about Apple? Their ease in cutting off third-party programs that they have no control over?  Either way it certainly ihas made their platform so much more stable, leading to the phenomenon that customers refer to as “They just work”.

So how can you avoid installing this trojan?  First do all of your software updates; Apple has already patched it.  Second, educate yourself on what trojan.flashback looks like.

This is what a real Adober Flash Player Installer looks like:

Mac Flash Installer

Mac Flash Installer

The Flashback Trojan prompts you with an Flash player installer that looks like this:

Mac Flashback Trojan

Mac Flashback Trojan

I know it’s easy to forget what you’ve accepted and what you haven’t, sometimes I forget what a message dialog said the instant I click ok.  If you fear you may have it you can check out this website for a way to check manually if you have it installed.  Warning: It requires the use of terminal.   If you do not feel comfortable with executing terminal commands find a local computer shop to help you out.

Apple does a great job at patching malware at the slow rate that they are being dished out.  As long as you, as always, drink the koolaid and have the latest and greatest of absolutely everything they sell you.  But one day will need an antivirus program for you Mac.  That day is not here, but if you do decide to you need protection, I advise away from McAfee or Norton, whose windows products don’t have the best protection rates, seem to slow down a lot of computers that I’ve seen them run on.  When broken they seem to do more harm than the virus, like an allergic reaction.  Go with a smaller but reputable company like ESET.

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Death of CBS reporter of ’60 minutes’, Mike Wallace

Mike Wallace was most known for his tough interviewing style on the CSB show ’60 minutes’.  He passed away among family at Waveny Care Center in New Canaan, Conn.

“It is with tremendous sadness that we mark the passing of Mike Wallace. His extraordinary contribution as a broadcaster is immeasurable and he has been a force within the television industry throughout its existence. His loss will be felt by all of us at CBS,” said Leslie Moonves, president and CEO, CBS Corporation.

A special program dedicated to Wallace will be broadcast on “60 Minutes” next Sunday, April 15.

Wallace made “60 Minutes” compulsively watchable, television’s first newsmagazine that became appointment viewing on Sunday nights. His last interview, in January 2008, was with Roger Clemens on his alleged steroid use. Slowed by a triple bypass later that month and the ravages of time, he retired from public life.

 

http://www.cbsnews.com/8301-207_162-57411053/cbs-iconic-newsman-mike-wallace-dead-at-93/

In 1997 Mike told People magazine, “Do I have regrets? No. What good would regrets do now? Would I do things differently? Yes, but I wasn’t wise enough at the time. Life is full of decisions, isn’t it? And I’ve made some of the right ones and some of the wrong ones, but I made the right choices for me. Now that may sound selfish, but that’s being honest.”

http://www.huffingtonpost.com/joe-peyronnin/mike-wallaces-legacy_b_1411217.html

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