Thu, 30 Oct 2014 12:45:00 -0400

The 30 Most Influential LGBT People In TechAP Apple CEO Tim Cook on Thursday publicly acknowledged he is gay, but his sexual orientation has long been known in the tech community and beyond. In fact, Business Insider named Cook as the most important LGBT person in tech back in December 2013. In light of Cook’s coming-out, we are re-running our list of the most important LGBT people in tech. (We’ve also decided against ranking this list.) As Business Insider’s Jim Edwards has noted, it’s unfortunate that some famous, successful gay people like Cook might feel pressured to talk about their personal lives while straight CEOs can maintain their privacy. Still, it takes courage to give up that privacy in order to inspire others to be more open or insist on equality for gays. Cathy Brooks Cathy Brooks, a lesbian activist, previously worked at Seesmic and founded a digital marketing firm. She also hosts a podcast about tech/society. But Brooks dropped her career to pursue her passion for dogs back in February 2013. She opened up a private dog park and training academy for dogs in Las Vegas and founded The Hydrant Club, a place for cool canines to “romp and learn.” Lisa Brummel Lisa Brummel has been with Microsoft ever since she graduated from college in 1989. Brummel has held a variety of positions at the tech giant, but has since become the executive vice president of human resources. Brummel is the one who informed employees that Microsoft would axe its controversial stack-ranking system — a system that hurt morale by turning teammates into competitors.  Tim Cook Apple CEO Tim Cook is the most powerful gay man in technology. Even before he came out publicly on Thursday, Cook spoke out about gay rights and discrimination.  “Now is the time to write these basic principles of human dignity into the book of law,” Cook said in his acceptance speech for a lifetime achievement award from Auburn University. Last year, Cook wrote an open letter in The Wall Street Journal encouraging Congress to pass a law that would provide equal rights to gay and lesbian employees.  Since taking charge of Apple in 2011, Cook has led Apple through significant product upgrades like the iPhone 5S, iPad Air, and iOS 7.  Steve Demeter Steve Demeter is the genius behind the iPhone’s first mega hit game, Trism. Demeter launched Trism in July 2008 at the same time of the App Store. In its first two months, Trism brought in $250,000.     Nick Denton Nick Denton is the mastermind behind Gawker Media, the online publishing network behind sites like Valleywag, Deadspin, Jezebel, Kinja, and Lifehacker.  Ray Everett Ray Everett is director of product management and principal consultant at TRUSTe, a privacy management services provider. Previously, he served as director of advertising and privacy at Yahoo, where he made sure Yahoo’s privacy promises held up. Amy Errett Amy Errett, the CEO and co-founder of Madison Reed, has had a varied career. Before creating the at-home hair color startup, she held management positions at E*Trade, was CEO of lifestyle company Olivia, and general partner at VC firm Maveron.  Ina Fried Ina Fried, an award-winning journalist currently for AllThingsD, has covered the tech industry since 2000. She’s held positions at CNET, where she covered Microsoft and Apple.  Christy Gaughan Genentech is one of the most innovative biotech companies out there, and a lot of that is thanks to Christy Gaughan, its director of marketing science.  Gaughan has also served as Genentech’s LGBT employee group co-chair. Jason Goldberg Jason Goldberg, CEO and founder of Fab and Hem, is a force to be reckoned with in the startup industry. Fab was roiled by pivots and layoffs last year, but Goldberg still raised $165 million in new funding. Fab was Goldberg’s third startup, the previous two being Socialmedian and Jobster. Jon Hall Jon Hall, sometimes also referred to as “maddog,” is the executive director of Linux International, the tech nonprofit organization. In 2012, he was inspired to publicly come out in honor of the 100th anniversary of Alan Turing.  Hall is a bit of a legend in the Linux community. He’s been the executive director of Linux International for roughly 18 years and has been in the computer industry since 1969.  Chris Hughes Chris Hughes, a Facebook co-founder, left the social network to join the Obama campaign in 2007. He later purchased The New Republic and serves as its “Editor in Chief.”  Hughes was also one of the first people to use the same-sex marriage icon on Facebook after marrying his partner, Sean Elridge, back in July.  David Lerman David Lerman is the Chief Technology Officer and co-founder of Say Media, the company behind ReadWrite, Reodelista, Dogster, xoJane, and other media publications. He previously co-founded production company MediaLiquid.  Brad O’Farrell Brad O’Farrell is the guy behind the insanely successful crowdfunded board game called Story War. It’s kind of like Apples to Apples meets Pokemon and Dungeons and Dragons.   In March 2013, the game blew past its Kickstarter goal of $20,000 with more than 7,000 backers pledging $363,254. O’Farrell is also the creator of The Keyboard Cat. Chuck Osborn Chuck Osborn is a long-time gaming expert who’s managing editor at IGN, a leading online media publication focused on gaming.  Prior to joining IGN, Osborn wrote for publications like PCXL, PC Gamer, and NVISION.  Keith Rabois Keith Rabois, the former chief operating officer at payments startup Square, joined Khosla Ventures last year as a partner. Rabois was an early leader at PayPal during its eventual sale to eBay. Before becoming a VC, Rabois was a top angel investor in Silicon Valley. Jeff Ragovin A few years after starting Buddy Media with Mike and Kass Lazerow, the company sold to enterprise industry giant Salesforce. Today, Ragovin is chief strategy officer of the Salesforce Marketing Cloud, where he’s in charge of the company’s social marketing solutions.  Ragovin is also involved with StartOut, a nonprofit organization to fuel LGBT entrepreneurship.  Tom Rielly Tom Rielly is director of partnerships at Ted Conferences, where he manages corporate partnerships. He was previously the founder and CEO of PlanetOut. Kane Sarhan In 2012, Kane Sarhan teamed up with Shaila Ittycheria to launch Enstitute, an on-the-job alternative to attending college. Enstitute helps place aspiring entrepreneurs in apprenticeship-like programs. Enstitute places its students at startups like Thrillist, Tracks, and Bitly. Halfway through its pilot program in 2012, 70% of students received preliminary full-time offers for permanent jobs. Prior to co-founding Enstitute, Sarhan worked as the creative director at hot New York-based startup LocalResponse.  Ron Shuman Ron Shuman joined Tesla, one of the most innovative companies of our time, in November 2013 to head up its HR department where he is responsible for things like recruiting and employee retention. Darrell Silver Darrell Silver, an entrepreneur whose first company Perpetually sold to Dell, is back with a startup called Thinkful. Thinkful is an online school that offers one-on-one education in the programming language Python and front-end Web development.  Thinkful is part of a new generation of productivity tools, Microsoft former President of Windows Steven Sinofsky has said.  Joel Simkhai Joel Simkahi is the brains behind one of the hottest dating apps for gay men, Grindr.  Grindr first gained popularity in 2009 and has been downloaded millions of times. Megan Smith Megan Smith is currently chief technology officer of the United States. Previously, she served as a vice president at Google[x] and was one of the masterminds behind Google’s “moonshot” ideas and products. Moonshot ideas need to tackle a big problem, require a breakthrough in technology, and actually offer a solution.  Some examples of moonshot projects include Google’s self-driving cars and its balloon-powered Internet initiative, Project Loon.  Before becoming VP of Google [x], Smith oversaw biz dev at Google’s philanthropic wing, DotOrg. Darren Spedale Darren Spedale is the founder of FamilyByDesign and StartOut, a national nonprofit dedicated to fueling LGBT entrepreneurship. Back in 2010, Spedale rang the opening bell on the New York Stock Exchange on behalf of StartOut.  Sara Sperling Sara Sperling is currently director of human resources at Snapchat. Previously, she was at Facebook.  Sperling first came out in college, while studying at the University of California Irvine. She joined Facebook in 2010. Kara Swisher Kara Swisher is one of the best tech journalists in the world. She’s known for her solid reporting and scoop after scoop after scoop.  She previously ran tech site AllThingsD alongside Walt Mossberg and founded re/code this year. 4. Peter Thiel Peter Thiel, famous for being Facebook‘s first investor and the co-founder and former CEO of PayPal, is the brains behind the Thiel Foundation. As part of the two-year fellowship, 20 teenagers receive $100,000 to drop out of college and start a company.  As both a VC and entrepreneur, Thiel has been involved with companies like Palantir Technologies, Founders Fund, and Facebook, where Thiel was the social network’s first outside investor and director. Thiel is also the founder and president of Clarium Capital. Lorenzo Thione In his early 20s, Thione launched his first company, Powerset, a search engine startup. That company eventually sold to Microsoft for about $100 million, where it ultimately became part of the tech giant’s Bing search engine.  He’s currently chief executive officer at the Social Edge, according to his LinkedIn profile. Owen Thomas Owen Thomas, the current editor-in-chief of ReadWrite, is the epitome of a Silicon Valley insider. Thomas is the one who “transformed Valleywag into the Silicon Valley’s authority on tech gossip.“ Disclosure: I used to work with Owen during his time at Business Insider.  Edith Windsor Edith Windsor, a former IBM engineer, became an unlikely activist in the gay rights movement. Back in 2010, Windsor sued the government for a $363,053 refund of the estate taxes she had to pay when her spouse passed away. The Supreme Court ultimately decided in her favor, marking the first the US-recognized marriage between partners of the same sex.  Now see …. The 25 Most Influential African-Americans In Technology > Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.


Thu, 30 Oct 2014 11:53:33 -0400
JF Apex Securities Bhd has nudged up QL Resources Bhd’s earnings forecast for the financial year 2015 by 1.8 per cent after imputing the earnings contribution from marine white prawn aquaculture. The research firm estimates QL Resources’ earnings to grow by 20 per cent in the next financial year due to the solid growth in marine product manufacturing (MPM) division and its ongoing regional expansion of livestock farming division. QL Resources has started the new venture of development on marine white prawn aquaculture farm in January 2013 in Sabah.
Thu, 30 Oct 2014 11:48:25 -0400
SINGAPORE: Oversea-Chinese Banking Corp (OCBC) reported a fourth quarterly profit increase as it absorbed loans from its Wing Hang Bank Ltd acquisition and booked a gain from a stake in a Chinese bank. The average of four analysts’ estimates compiled by Bloomberg was S$839 million. Chief executive officer Samuel Tsien is seeking growth in overseas markets from China to Indonesia and in fee businesses, such as wealth management, as the bank grapples at home with the lowest loan profitability in Southeast Asia.
Thu, 30 Oct 2014 11:44:05 -0400
(Adds Mobily will not publish Q3 results on Thursday, details and context) By Matt Smith DUBAI, Oct 30 (Reuters) - Saudi Arabia's Mobily asked for its shares to be suspended and postponed publication of its quarterly earnings on Thursday, seeking more time to review unspecified "significant matters" in its financial statements. Mobily, 28 percent owned by United Arab Emirates' Etisalat and formally called Etihad Etisalat, had been expected to report its third-quarter results last Sunday or Monday. It now plans to publish the results this coming Sunday, a spokesman for the firm said. ...
Thu, 30 Oct 2014 11:10:23 -0400
Visa Inc jumped 8.9 percent to $233.75 as the biggest boost to both the Dow and S&P 500 a day after it reported adjusted earnings that topped expectations, and said the mobile payment industry would be "a great driver" for business. MasterCard Inc also posted a better-than-expected profit, while revenue was up almost 13 percent.
Thu, 30 Oct 2014 10:12:25 -0400
* EMG Q3 profit 321.2 mln dhs vs 207 mln dhs yr-ago - statement * Q3 revenue 648.9 mln dhs, up 19.7 pct y-o-y * Parent Emaar calls shareholder meeting for Nov. 24 - statement * Meeting to approve special dividend following EMG listing (Adds Emaar dividend news, context) DUBAI, Oct 30 (Reuters) - Dubai's Emaar Malls Group (EMG), a unit of Emaar Properties that listed on the emirate's main stock market in October, reported a 55.2 percent jump in third-quarter net profit on Thursday as revenues rose. The retail and malls unit of Dubai's largest developer made a quarterly profit of 321. ...
Thu, 30 Oct 2014 08:48:00 -0400

MasterCard thrives in 3Q as Americans spend againMasterCard's third-quarter net income rose thanks to continued volume growth as Americans grow more confident about the economy and appear less hesitant to use credit cards. The performance beat Wall Street ...


Thu, 30 Oct 2014 07:17:33 -0400
DUBAI, Oct 30 (Reuters) - Dubai's Emaar Malls Group (EMG), a unit of Emaar Properties that listed on the emirate's main stock market in October, reported a 55.2 percent rise in third-quarter net profit on Thursday. The retail and malls unit of Dubai's largest developer made a quarterly profit of 321.18 million dirham ($87.5 million), up from 206.97 million dirhams in the corresponding period of 2013. Quarterly revenue was 649.88 million dirhams versus 542.74 million dirhams a year ago. ($1 = 3.6729 United Arab Emirates dirhams) (Reporting by Praveen Menon; editing by Matt Smith)
Thu, 30 Oct 2014 03:24:42 -0400
Royal Dutch Shell beat expectations with core earnings of $5.8 billion for the third quarter and maintained its dividend as both upstream and downstream division delivered strong results. Europe's biggest ...
Thu, 30 Oct 2014 02:17:28 -0400
OSLO (Reuters) - Norway's Opera Software reported third-quarter earnings just ahead of expectations on Thursday and said its full year profit would be at the top end of its guidance range. ...
Thu, 30 Oct 2014 02:16:29 -0400
SHANGHAI, Oct 30 (Reuters) - China's Shanghai CompositeIndex, which domestic investors see as the mostimportant indicator of stock market sentiment, hit its highestlevel in 20 months after regulators said they would move tosupport consumption. The SSEC rose 0.8 percent in morning trade to stand at2,391.9 points by GMT 0600, marking its highest level since Feb.2013, while the CSI300 of the leading Shanghai andShenzhen A-share listings climbed 0.6 percent. ...
Thu, 30 Oct 2014 00:45:51 -0400

An employee sits at the front desk inside Tech Mahindra office building in NoidaReuters Market Eye - Tech Mahindra Ltd gains 4.3 percent to three-week high. Company's July-September profit rose 7.3 percent to 5.89 billion rupees ($95.8 million). Traders say 5.2 percent sequential U.S. dollar revenue growth seen highest among peers and ahead of some estimates. Larger rival Infosys Ltd had posted a 3.1 percent sequential U.S. dollar revenue growth in the second quarter. ($1 = 61.4725 rupees) (Reporting by Abhishek Vishnoi)


Thu, 30 Oct 2014 00:22:28 -0400
Reuters Market Eye - Shares in India's Raymond Ltd fall 3.7 percent. The company reported a 26 percent fall in its September quarter net profit. Traders say investors took the opportunity to book profits after the stock surged 67 percent so far this year. (Reporting by Indulal PM)
Wed, 29 Oct 2014 18:56:20 -0400
Freightways shares have jumped 6.8 per cent to a record $5.50 after it announced a 37 per cent increase in first quarter profit.
Wed, 29 Oct 2014 18:50:20 -0400

An overall view of the Barrick Gold annual general meeting for shareholders is seen as the CEO Sokalsky speaks in TorontoBarrick reports better-than-expected third-quarter earnings and lowers its forecast for full-year 2014 costs.


Wed, 29 Oct 2014 17:52:13 -0400

People talk in front of a Baidu's company logo at Baidu's headquarters in BeijingBaidu Inc posted a less-than-expected 52 percent surge in third-quarter revenue, even as mobile traffic for China's dominant Internet search engine continued to grow. On Wednesday, the company referred to as "China's Google" forecast a 45.4 to 49.6 percent rise in revenue this quarter, generally in line with Wall Street projections but a marginal deceleration in its pace of expansion. Baidu showed it has been spending more on marketing and content, and on acquiring users. Traffic acquisition costs grew to 12.9 percent of overall revenue, or 1.742 billion yuan in the third quarter.


Wed, 29 Oct 2014 17:41:42 -0400
(Reuters) - British oil and gas producer BG Group Plc will delay until the next decade a proposed liquefied natural gas export terminal on Canada's Pacific coast, the Wall Street Journal reported, quoting the head of the company's Canadian unit. "We'd always said (construction would begin) as early as 2016, but we now recognise it'll likely be later, with commercial operations likely beginning early in the next decade," BG Canada President Madeline Whitaker said in an interview with the Journal. Kim Blomley, a spokesman for BG Group, said he could not immediately confirm if the project had slipped into the next decade, but he noted comments by interim Executive Chairman Andrew Gould during a post-earnings conference call on Tuesday. "We're pausing on Prince Rupert to see how the market evolves, particularly in function of total supply that will come out of the U.S.," Gould said during the call.
Wed, 29 Oct 2014 17:13:22 -0400
By Suzanne Barlyn (Reuters) - Wall Street's industry funded watchdog plans to intensify its scrutiny of cybersecurity practices at brokerage firms in 2015 and is hiring technology savvy...
Wed, 29 Oct 2014 17:09:32 -0400

People talk in front of a Baidu's company logo at Baidu's headquarters in Beijing(Reuters) - Baidu Inc posted a less-than-expected 52 percent surge in third-quarter revenue, even as mobile traffic for China's dominant Internet search engine continued to grow. On Wednesday, the company referred to as "China's Google" forecast a 45.4 to 49.6 percent rise in revenue this quarter, generally in line with Wall Street projections but a marginal deceleration in its pace of expansion. Baidu showed it has been spending more on marketing and content, and on acquiring users. Traffic acquisition costs grew to 12.9 percent of overall revenue, or 1.742 billion yuan in the third quarter.


Wed, 29 Oct 2014 16:30:42 -0400
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Orbital Sciences Corp., down $5.10 to $25.27 The space systems company's unmanned ...
Wed, 29 Oct 2014 12:56:26 -0400

Goodyear's 3Q profit falls, but beats expectationsGoodyear Tire's third-quarter net income fell 3 percent as tire sales fell around the world, but its adjusted earnings easily beat Wall Street expectations. Shares of the tire maker rose more than 5 percent ...


Wed, 29 Oct 2014 11:57:44 -0400

Shell Midstream surges in 1st day on NYSEShell Midstream Partners LP is soaring in its debut on the New York Stock Exchange. Its common units jumped $10.15, or 44 percent, to $32.15 in Wednesday midday trading. Shell Midstream's initial public ...


Wed, 29 Oct 2014 10:15:47 -0400

Traders work on the floor of the New York Stock ExchangeThe Nasdaq Composite was pressured by a decline in Facebook shares as investors fretted over its spending plans. In an otherwise data-light session, the Fed is likely to announce that it will no longer add to its holdings of Treasury bonds and mortgage-backed securities, effectively ending a program that at its peak pumped $85 billion a month into the financial system. The Fed's cash injection is widely seen as a pillar of the current multiyear bull market in equities, and earnings are expected to support any further advances.


Wed, 29 Oct 2014 08:18:54 -0400

Apple logo is pictured inside the newly opened Omotesando Apple store at a shopping district in Tokyo(Reuters) - Dow Jones & Co Inc, publisher of the Wall Street Journal, has asked a court to deny a request by Apple Inc and GT Advanced Technology Inc to keep under seal some documents relating to GT Advanced's bankruptcy. Dow Jones, owned by News Corp, said keeping the documents under seal is an offense to constitutional principles of public access, according to the publisher's court filing on Tuesday. ...


Wed, 29 Oct 2014 07:00:41 -0400

Asian markets rose Wednesday following strong gains on Wall Street, as traders awaited news from the US Federal Reserve about interest rate plans for the world's largest economyAsian markets rose Wednesday following strong gains on Wall Street, as traders awaited news from the US Federal Reserve about interest rate plans for the world's largest economy.