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Getty Images A sign with the 'like' symbol stands in front of the Facebook headquarters in Menlo Park, California. |
Thanks for what?
For bringing us all together on one platform where all of our data can be harvested!
However, this song is not a parody.
BLACKMAIL YOURSELF!
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Stephen Marks | The Images Bank | Getty Images |
They lack peer pressure in their private lives.
That's the theory of Aherk!, which claims that being in the public eye serves as a valuable motivator. You work harder when everyone’s watching. It’s like "The Hunger Games"…without the mass slaughter of children.
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AP Does Facebook have the power to rid LA of smog? Jane thinks it just might. |
It will make everything better, especially in California.
The latest state finance projections estimate that Facebook's IPO will add $14 billion to personal incomes in California just this year. That's up from $12 billion earlier this week. The IPO will account for 20 percent of all income growth in the state this year, and nearly one percent of all income, period.
The California Legislative Analyst's Office predicts shares will price at $38 and rise to $45 "in six months." Over the next few years, total IPO-related personal income and capital gains taxes will reach $2.4 billion without a proposed tax hike, $2.9 billion if voters give the tax hike a "like" in November.
In the budget revision released this week by California Governor Jerry Brown, there was only one thing to “like”—Facebook.
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Tony Avelar | Bloomberg | Getty Images |
"The biggest change in the California outlook stems from incorporating assumptions about the impact of the initial public offering of Facebook stock,” reads the Governor’s report. “It may turn out to be one of the largest initial public offerings in U.S. history and far larger than all of the recent offerings in the internet sector."
How large?
"The Facebook IPO could result in about $12 billion of additional income for California residents in the latter half of 2012."
Twelve. Billion. Dollars. Really?
The state income taxes on that alone would top $1.2 billion, enough to fill 7.5 percent of the current $16 billion deficit.
We called the Governor's office to see how it came up with that $12 billion number.
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According to Georgetown University, architecture majors have a much higher unemployment rate than other recent grads—a whopping 13.9 percent.
The study came out a few months ago, and it seems like a good time to go through the numbers, as parents across America prepare themselves to be bombarded by pleas from graduating progeny to move home because, “It’s so haaaaard to find a job.” » Read MoreGeorgetown says recent graduates with the best chances of getting jobs have degrees in healthcare and education, with an average jobless rate of 5.4 percent. That's nearly three points lower than the rate for grads with degrees in computers and math.
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Fuse | Getty Images |
Snapchat lets you control how long your sexts last before disappearing.
Think of it as a new age, pervy version of the self-destructing tapes Jim Phelps played on "Mission Impossible" (kids, IMDB that, it was a great show). » Read More
Peter Dazeley | Photographer's Choice | Getty Images Dude, did your mother write that sign? |
Two things have changed.
Our children can't find jobs.
Our children can find jobs, but they don’t like them.
My daughter is about to graduate college and is in the midst of applying for full-time work. I'm not worried. She's worked since high school, and she actually juggled two jobs plus internships and a full class load this final year. The idea of living at home repulses her because of my cooking and her father's rules, both great incentives to finding her own way in the world.
The good news is that more than half of recent college graduates say they have full-time jobs, according to Adecco's 2012 Graduation Survey.
Still, about that same number claims parents are covering some of their living expenses, things like cell phone bills, internet access, food, and health coverage. Two percent of these college grads say their parents are footing their entire living expenses. That's one in 50 kids (I think the real number is higher based on personal observation).
Some parents are not content to help pay the bills. They’re going to great lengths to help Junior get a job. » Read More
Some videos to lighten up your Tuesday, videos that'll make you laugh, make you cry, leave you puzzled.
FIRST...LAUGH
Is that a weather forecast or are you just happy to see me? Be careful how you draw those weather maps. In the funny business of local news, there's been a flurry of anatomically correct weather forecasts hitting the country in the last few years. In this video, the weatherman finally understands what's wrong with his picture.
That does not happen in this second weather report from KLST in San Angelo, Texas. As the caption on Youtube says, "I guess Mexico had it coming."
NEXT, SCRATCH YOUR HEAD