Twitter doubled revenue, saw deeper losses in Q3

Twitter lost almost as much money in the July-to-September quarter as it did in the first six months of this year, according to a regulatory disclosure made by the company on Tuesday.

Twitter, which is preparing for an imminent initial public offering of its stock to investors, submitted an updated S1 filing to the U.S. Securities and Exchange Commission that contained financial results for the first nine months of its current financial year. Its previous filing had only contained figures for the first six months, from February until the end of June.

The company said revenue in the three-month period was US$169 million, just over double that achieved during the same period a year earlier and a quarterly record for the fast-growing company.

But just as revenue climbed, losses were also sharply higher. Twitter racked up a net loss of $64 million in the three-month period -- three times worse than the third quarter of its previous fiscal year and almost as much as it lost in the previous six months combined.

The losses were driven by much higher spending on sales and marketing and research and development, which are not uncommon areas of focus for young companies like Twitter.

During the quarter, the company saw its average monthly users climb to 231.7 million, up from 167.1 million in the same period of 2012.

Just over three-quarters of those users accessed the service from a mobile device, which includes phones and tablet PCs. Such platforms now account for 70 percent of the company's advertising revenue, and Twitter said it expects both that percentage and the number of mobile users to continue to grow.

In the S1 filing, Twitter also said it plans to list its shares on the New York Stock Exchange. The initial public offering, which is likely to be one of the hottest of the year, will see the company list its shares under the ticker symbol TWTR.

The selection of the New York Stock Exchange represents a big win for the market over the rival Nasdaq, which is home to many major tech companies.

Twitter has yet to determine a price or date for the listing.

Martyn Williams covers mobile telecoms, Silicon Valley and general technology breaking news for The IDG News Service. Follow Martyn on Twitter at @martyn_williams. Martyn's e-mail address is martyn_williams@idg.com

Martyn Williams, IDG News Service , IDG News Service

Martyn Williams covers mobile telecoms, Silicon Valley and general technology breaking news for The IDG News Service.
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Source: http://www.pcworld.com/article/2055040/twitter-doubled-revenue-saw-deeper-losses-in-q3.html#tk.rss_all
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Bon Jovi walks super fan down the aisle

Celebs

Randee Dawn
TODAY contributor

20 hours ago

On Saturday, Branka Delic no longer had to be "livin' on a prayer." She was livin' the dream, as her musical idol Jon Bon Jovi ushered her down the aisle at the Graceland Wedding Chapel in Las Vegas.

No, she and Bon Jovi weren't getting married — he was just fulfilling the traditional "father of the bride" function, bringing her to her (clearly very understanding) husband-to-be Gonzalo Cladera for their nuptials. 

David Bergman via Bon Jovi

Gonzalo Cladera was in on the fun as his bride Branka Delic's rock idol Jon Bon Jovi joined them at their Las Vegas wedding (along, of course, with Elvis).

The ceremony was the culmination of a successful web campaign by the Australian bride, who solicited the New Jersey rocker (who happened to be playing a show that night in Vegas as part of his "Because We Can" tour) via a web page: BonJoviWalkMeDownTheAisle.com and Facebook page. 

Delic's web page plea indicated that the 34-year-old had given up on her childhood dream of actually marrying Bon Jovi himself, but ended, "We're begging you ... make this wedding happen. There is plenty of time in the afternoon for you to come and walk her down the aisle before the show. We’re living on a prayer and we want you to come lay your hands on me and walk me down the aisle!"

The chapel has particular significance for Bon Jovi: It was where he got married in 1989. 

David Bergman via Bon Jovi

Jon Bon Jovi posed for photos with Branka Delic and Gonzalo Cladera before the ceremony.

Still, Delic had no idea he was going to show up to fulfill her dream on the day of the wedding; Bon Jovi surprised her with his appearance. He posed for some pictures with the grinning bride, then did what he had been asked to do. And it turned out he wasn't the only rocker present — this being the Graceland Chapel, and in Las Vegas, of course "Elvis" was also in the building.

Afterward, ever classy, Bon Jovi also took time to tweet out the image of the two of them in the chapel; the expression on Delic's face is priceless:

And Delic was, as expected, very grateful, too:

Congrats to the couple — and a salute to a rock star who really knew how to step up to the plate.

Source: http://www.today.com/entertainment/jon-bon-jovi-walks-super-fan-down-aisle-las-vegas-8C11388648
Tags: charlie hunnam   burn notice   rosh hashanah   Chromecast   queen elizabeth  

Alt-week 10.19.13: A bird's eye view of Grasshopper, cyber poaching and why you probably need more sleep

Alt-week takes a look at the best science and alternative tech stories from the last seven days.

Rockets. Just the word sounds exciting. Rock-et. SpaceX's vertical-take-off-and-landing Grasshopper is how many of us here at Engadget vicariously live our unfulfilled engineering dreams, so any chance to see it from more angles is welcome. There's also some less welcome news this week, and a new take on why you need more sleep. This is alt-week.

We know that sometimes the subject matter we cover in this feature can be a little, how shall we say... mind bending? But really, our goal is to bring you stuff that's just down right awesome. So, with that in mind let us share four words: Grasshopper rocket hexacopter video. The SpaceX VTOL rocket was captured on video from a mid-air copter-cam during a recent test launch, and frankly, if you're still reading these words, and not watching it -- we'd love to know why??

It's nothing new that to see technology that was meant for good, to be subverted and used for evil. What's a little more sinister, is when the technology in question is specifically designed to protect life -- endangered species. GPS tags and collars used for the benevolent tracking and monitoring Indian tigers have become targets for "cyber poachers." Worse, is that the criminals aren't even having to head out into the wild and seek out the devices; the poachers just need access to the email accounts that receive the location data. One specific case involves the Panna Tiger Reserve in India. Fortunately, the efforts of the hackers were thwarted by some server blocking, and GPS data encryption would have provided one last hurdle, but the attempt provided a chilling warning of how easily best intentions could go awry. Since the incident, the reserve has made sure officials stay near of the Tiger at all times, with even more technology -- drones -- being deployed in January as an extra precaution.

Sleep, if you never seem to get enough, it might be time to put one end of the candle out. Or... it could just be that you've been doing so much thinking, that your brain's not had chance to wash out the mental "trash" all that contemplation's left behind. That's according to new research at the University of Rochester Medical Centre, which suggests that sleep serves -- at least in part -- as a way for the brain to remove "waste" left from the taxes of being awake and alert. Once we've dozed off, some cells in the brain shrink, allowing more space for liquid to pass and flush out toxins. This is something that apparently can't be done while we're cognizant. The findings also chime with what's known about conditions such as Alzheimer's that typically show high levels of damaged proteins in the brain. At the very least it might explain why you don't always get quite as restful a sleep after a particularly mentally-taxing day. Wake up feeling sprightly and fresh every morning? We're saying nothing...

Seen any other far-out articles that you'd like considered for Alt-week? Working on a project or research that's too cool to keep to yourself? Drop us a line at alt [at] engadget [dot] com.

Source: http://www.engadget.com/2013/10/19/alt-week-10-19-13/?ncid=rss_truncated
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Teams Take A Step Closer To World Series

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Source: http://www.npr.org/templates/story/story.php?storyId=237545159&ft=1&f=7
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The Shortlist: See The Finalists For The 2013 National Book Awards

On Wednesday the National Book Foundation announced the finalists for the 2013 National Book Awards in fiction, nonfiction, poetry and young people's literature. Get to know the books on the shortlist using NPR's reviews and author interviews. The winners will be selected on Nov. 20.

Source: http://www.npr.org/2013/10/16/235507175/the-shortlist-see-the-finalists-for-the-2013-national-book-awards?ft=1&f=1008
Tags: apple   Demi Lovato   Erwin Schrödinger  

British drug regulator recalls five Wockhardt drugs

(Reuters) - Britain's Medicines and Healthcare products Regulatory Agency has recalled five prescription-only drugs made by India's Wockhardt Ltd after it found deficiencies in manufacturing procedures at the drugmaker's Chikalthana factory.

The agency said there was no evidence that the products are defective and that patients who already have the medicines do not need to return them. However, pharmacies dispensing clinics and wholesalers have been asked to stop selling them.

MHRA said its action follows a precautionary recall made by Wockhardt, which is asking retail outlets to return five over-the-counter medicines.

(Reporting by Aradhana Aravindan in MUMBAI; Editing by Sunil Nair)

Source: http://news.yahoo.com/british-drug-regulator-recalls-five-wockhardt-drugs-111926453--finance.html
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Pinterest for iOS updated to version 3.0, updated design for iOS 7 and new swipe gestures

The Pinterest app for both iPhone and iPad has just been updated to version 3.0. The only new feature is the ability to now swipe left and right between pins. The rest of the update concentrates on updating the look and feel of the app to match the design cues of iOS 7.

If you've become used to pinning items and interacting with all your Pinterest buddies, don't worry, the changes aren't so overwhelming that you'll need to relearn the app itself. Honestly, I don't see changes that are particularly noticeable with the design other than a flat navigation bar along the bottom. The gestures to swipe in and out of pins and menus are convenient though.

If you noticed anything I overlooked, let us know in the comments!

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Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/2U2hfRwRtQA/story01.htm
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