Zynga stock falls after Facebook terms change












NEW YORK (AP) — Shares of Zynga slumped Friday after it disclosed with its partner Facebook that they have loosened their close ties to one another.


THE SPARK: The companies said in regulatory filings Thursday that they have amended their 2010 contract to say Zynga will no longer have to display Facebook ads or use Facebook payments on its own properties, such as Zynga.com.












In addition, Zynga, which makes the games “FarmVille” and “CityVille,” will no longer be required to use Facebook as the exclusive social site for its games, or to grant Facebook exclusive games. Any social game Zynga launches will also be available on Facebook either at the same time or shortly after it launches elsewhere.


Facebook, meanwhile, will be able to develop its own games after the end of March, though it said it has no plans to do so. Its deal with Zynga previously prohibited Facebook from developing games.


THE BIG PICTURE: While it’s not exactly splitsville, the original 2010 contract gave Zynga special status among Facebook game developers. Zynga relies on Facebook for most of the revenue it generates even as it works to establish its independence.


Facebook also makes money from Zynga, though the portion of its revenue that the game maker accounts for has declined. In the third quarter, Facebook said that 7 percent of its total revenue came from Zynga, down from 12 percent in the third quarter of 2011.


ANALYSIS: Wedbush analyst Michael Pachter said while Zynga investors reacted badly to the news, he sees the changes as a long-term positive for both companies.


“Zynga now has an incentive to expand the reach of its most popular social games beyond Facebook and Zynga.com and be able to offer additional payment options, likely resulting in additional payers who are not Facebook users,” the analyst wrote in a note to investors.


Pachter rates Zynga “Outperform” with a target price of $ 4.


STOCK ACTION: Shares of San Francisco’S Zynga Inc. fell 19 cents, or 7.3 percent, to $ 2.43 in afternoon trading. Zynga went public in December 2011 at a price of $ 10 per share but its stock have fallen sharply amid concerns about its ability to keep growing quickly.


Social Media News Headlines – Yahoo! News


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Bachelorette Ashley Hebert and JP Rosenbaum are Married

Ashley Hebert is a bachelorette no more!

The 28-year-old dentist and her construction manager fiancé J.P. Rosenbaum, 35, walked down the aisle on Saturday in Pasadena, California, reports People Magazine.

The ceremony, officiated by Bachelor and Bachelorette host Chris Harrison, was attended by familiar faces from the series including Ali Fedotowsky, Emily Maynard, and Jason and Molly Mesnick.

Video: 'Bachelorette' Ashley Hebert and Fiance J.P.'s Passionate PDA

Ashley and J.P.'s exchanging of vows will be televised December 16 on a two-hour special on ABC.

The season seven sweeties will be the second Bachelorette couple ever to televise their walk down the aisle, following in the footsteps of Trista and Ryan Sutter, who married in December 2003.

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SI man torched in cooking accident, neighbors put out flames: sources








A cooking accident turned a Staten Island man into a human torch who staggered in flames onto his front lawn, where horrified neighbors tried to extinguish him with blankets, sources said.

Louis Gloria, 60, was cooking in the kitchen of his Eltingville home at about 4:30 p.m. today when a grease fire erupted, engulfing his entire body, fire officials and neighbors said.

The desperate man first tried to douse the flames with water, but that only made the fire worse. In agony, he stumbled out of his Winchester Avenue home.

“He was burning alive,” said neighbor Edward Leavy Jr., 43. “It was a pretty horrific sight.”




Edward’s brother Matthew Leavy, 46, called 911 and then quickly ran over to aid the burning man, but the flames wouldn’t go down.

“The problem was you would try to smother the flames but it would just reignite, Leavy said. “His screams were just nightmarish. When the flame didn’t go down after two or three minutes, we all thought he was going to die.

Neighbors and relatives did their best to keep the flames under control until firefighters showed up on scene. Gloria was transported to Staten Island University Hospital in stable condition. His wife, who was home at the time, was also transported and is being treated for shock.










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Boat Show may block Miami’s 2016 Super Bowl bid




















This winter, the biggest NFL match-up in South Florida might be Super Bowl versus Boat Show.

As South Florida readies a bid for the 2016 Super Bowl, it must contend with a major potential conflict on the tourism calendar. The National Football League may move the Super Bowl to Presidents’ Day weekend, already home to the five-day Miami International Boat Show since the 1940s.

It’s a significant enough conflict that, in the past, local tourism officials have declined to pursue a Super Bowl if it fell on boat show weekend. But this time around they may have no choice. For the first time, the NFL is requiring that potential host cities agree to a Presidents’ Day weekend Super Bowl if they want to pursue the big game at all, said two people who have seen the NFL request for Super Bowl bids.





The NFL “invited South Florida [to bid] knowing there was going to be an issue with Presidents’ Day weekend and the boat show,” said Nicki Grossman, Broward’s tourism director. “In the past, South Florida has not responded to a Super Bowl date that included Presidents’ Day weekend. This package is different.”

South Florida vies with New Orleans as the top Super Bowl host, with government and tourism leaders touting the game as both a boon to the economy and a publicity bonanza. But the notion of accommodating both Super Bowl and boat show — not to mention a major arts festival in Coconut Grove — strikes some top tourism officials as a bad idea.

“There is not sufficient hotel inventory available in Miami that weekend to host a Super Bowl,” said William Talbert, president of the Greater Miami Convention and Visitors Bureau. “We have taken a close look at that weekend, and it’s not physically possible in Miami to host Super Bowl during the Presidents’ Day weekend because of the boat show and the Coconut Grove Arts Festival. The hotel inventory is all being used for these two great events.”

His comments are at odds with the region’s top Super Bowl organizer and reflect the burden that the boat show may be to South Florida’s Super Bowl hopes for 2016 and 2017. The NFL invited Miami and San Francisco to bid for the 2016 Super Bowl by April 1, with the loser vying with Houston for the 2017 game. Talbert said the bid package states both decisions will be made in May.

For now, South Florida’s Super Bowl organizers face a largely hypothetical challenge, because the current NFL schedule has the Super Bowl occurring two weeks before Presidents’ Day weekend. The bid requirements for the ’16 and ’17 Super Bowls include three consecutive weekends as possibilities for the game, with the latest falling on the Presidents’ Day holiday.

Still, possible logistical hurdles may combine with political obstacles if the Miami Dolphins resume their push for a tax-funded renovation of Sun Life Stadium, the Super Bowl’s South Florida home.

Last year, the Dolphins proposed that Broward and Miami-Dade counties subsidize a $225 million renovation at Sun Life as a way to keep the region competitive for Super Bowls and other large events. The renovation includes a partial roof that would prevent the kind of drenching Super Bowl spectators suffered in 2007 when a rare February downpour hit Miami Gardens.





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Palmetto reopens to traffic after crane crash shuts down roadway




















A crane on top of a semi struck an overpass on the busy Palmetto Expressway Friday evening, creating a messy parking lot on one of South Florida’s busiest thoroughfares.

Traffic had to be diverted away in both directions on State Road 826 and Northwest 27th Avenue, causing major delays and detours during rush hour traffic.

The bobcat crane was sitting atop the tractor trailer traveling north on 27th Avenue when the accident occurred around 4:15 p.m. causing significant damage. Engineers from the state Department of Transportation were called out to inspect the overpass and determine the extent of the damage while crews worked to clean up the debris.





Later in the evening, after getting clearance from the structural engineers, the Florida Highway Patrol reopened the street, allowing traffic to flow again in both directions.

Around 8 p.m., FHP trooper Joe Sanchez, a spokesman for the patrol, gave the good news: “The Palmetto is open, thank God almighty.”

However, two lanes of Northwest 27th Avenue remained closed while crews worked into the night to repair the damage and finish the cleanup.

There were no injuries or reports of damage to any other vehicles.

“Our precaution is to get this open as quickly as possible,’’ Sanchez said. “But we have to be able to make sure it safe so cars don’t fall down onto 27th Avenue.”





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Average wireless bill increased 7% in 2012 , 70% of subscribers now own smartphones












We all love our smartphones, but they are a costly addiction to support. According to Consumer Reports, American wireless subscribers saw their wireless bills increase by 7% between 2011 and 2012, and the big culprit is the continued proliferation of smartphones. Overall, 70% of wireless subscribers who took part in Consumer Reports’ survey owned smartphones this year, up from 50% in 2011. As the publication notes, “upgrading from a plain cell phone at a major carrier isn’t cheap” since “you have to buy the smart phone itself (usually $ 100 to $ 400 when signing a two-year contract) and fork over $ 70 to $ 110 a month for a plan with data service… a lot more than a basic phone plan, which generally costs $ 40 to $ 70 a month.”


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Chelsea rape arrest








A Manhattan college student was raped and sodomized by a thug waiting in the shadows as she returned to her Chelsea apartment, The Post has learned.

NYPD detectives tracked down Juan Martinez, 33, of Elmhurst, Queens, on Monday and charged him with first-degree rape and committing a criminal sexual act, sources said.

The vicious attack occurred at 4 a.m. on Sept. 28, when the 29-year-old victim came home to her West 15th Street co-op after a night of partying and tried to open her door, sources said.

Suddenly, Martinez allegedly jumped out from a dark corner and accosted her, snarling, “We’re going to have sex the easy way or the hard way,” law-enforcement sources said.




The brute forced his way inside, threw her down and pinned her to the ground, according to a Manhattan Criminal Court complaint.

He then raped and sodomized her, court records state.

Martinez is being held on $5,000 bail at Rikers Island.

Police sources said it was the first arrest for the 5-foot-7, 205-pound Martinez. He faces up to 25 years in prison if convicted on the top charge of rape.

According to the city’s Department of Correction Web site, the Mexican-born Martinez is wanted on an immigration warrant. His next court date is Dec. 30.










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Boat Show may block Miami’s 2016 Super Bowl bid




















This winter, the biggest NFL match-up in South Florida might be Super Bowl versus Boat Show.

As South Florida readies a bid for the 2016 Super Bowl, it must contend with a major potential conflict on the tourism calendar. The National Football League may move the Super Bowl to Presidents’ Day weekend, already home to the five-day Miami International Boat Show since the 1940s.

It’s a significant enough conflict that, in the past, local tourism officials have declined to pursue a Super Bowl if it fell on boat show weekend. But this time around they may have no choice. For the first time, the NFL is requiring that potential host cities agree to a Presidents’ Day weekend Super Bowl if they want to pursue the big game at all, said two people who have seen the NFL request for Super Bowl bids.





The NFL “invited South Florida [to bid] knowing there was going to be an issue with Presidents’ Day weekend and the boat show,” said Nicki Grossman, Broward’s tourism director. “In the past, South Florida has not responded to a Super Bowl date that included Presidents’ Day weekend. This package is different.”

South Florida vies with New Orleans as the top Super Bowl host, with government and tourism leaders touting the game as both a boon to the economy and a publicity bonanza. But the notion of accommodating both Super Bowl and boat show — not to mention a major arts festival in Coconut Grove — strikes some top tourism officials as a bad idea.

“There is not sufficient hotel inventory available in Miami that weekend to host a Super Bowl,” said William Talbert, president of the Greater Miami Convention and Visitors Bureau. “We have taken a close look at that weekend, and it’s not physically possible in Miami to host Super Bowl during the Presidents’ Day weekend because of the boat show and the Coconut Grove Arts Festival. The hotel inventory is all being used for these two great events.”

His comments are at odds with the region’s top Super Bowl organizer and reflect the burden that the boat show may be to South Florida’s Super Bowl hopes for 2016 and 2017. The NFL invited Miami and San Francisco to bid for the 2016 Super Bowl by April 1, with the loser vying with Houston for the 2017 game. Talbert said the bid package states both decisions will be made in May.

For now, South Florida’s Super Bowl organizers face a largely hypothetical challenge, because the current NFL schedule has the Super Bowl occurring two weeks before Presidents’ Day weekend. The bid requirements for the ’16 and ’17 Super Bowls include three consecutive weekends as possibilities for the game, with the latest falling on the Presidents’ Day holiday.

Still, possible logistical hurdles may combine with political obstacles if the Miami Dolphins resume their push for a tax-funded renovation of Sun Life Stadium, the Super Bowl’s South Florida home.

Last year, the Dolphins proposed that Broward and Miami-Dade counties subsidize a $225 million renovation at Sun Life as a way to keep the region competitive for Super Bowls and other large events. The renovation includes a partial roof that would prevent the kind of drenching Super Bowl spectators suffered in 2007 when a rare February downpour hit Miami Gardens.





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Artwork of young Miami-Dade artist will be showcased during Art Basel week




















A week into his 18th birthday, Rey “Rson” Jaffet is already a promising local artist - and he’s still attending high school in the Miami-Dade public school system.

And this period in his life is what his art tries to capture, said the Miami Palmetto High senior. “It’s that point when you’re a teen but are maturing into adulthood,’’ he said.

Fittingly, many of his artwork is done with children’s colored pencils and spray paint.





Jaffet might be young but he’s an old hand at art. He sold his first piece in 10th grade for $5,000. It was a colorful three-panel African-themed work called New Horizon.

Next week, Jaffet will join thousands of older local and international artists who will have their artwork on display in Miami Beach and Wynwood as part of Art Basel week.

Several Jaffet pieces will hang at the 50 Shades of Art Show at the 1004 Gallery in Wynwood at 175 NW 23rd St.

Meet and greet with the artists will be from 6:30 p.m. to 11 p.m. on Saturday and next Wednesday. His works sells for between $1,000 to $5,000.

Among the pieces showcased at the gallery is Jaffet’s award-winning self-portrait called Split Decision Within, which reveals inner struggle. “Through my art, I try to portray hardships, achievements and misunderstanding as it relates to the modern teenage lifestyle,” he said.

The Kendall resident recently won the prestigious 2012 National Scholastic American Visions Drawing Award, which honors outstanding pieces in the nation which are then displayed in Carnegie Hall in New York. He won for his self-portrait.

Jaffet’s work is also part of the 2012-2013 Art.Write.Now Tour that will visit Detroit, Virginia Beach, Kansas City and Fort Worth.

And it’s not his first time in the big art arena. His work was on display in Wynwood/South Beach during Art Basel 2011.

Jaffet's artistic style is described as “encompassing modern realism along with urban influences.”

Jaffet’s says he also works with oils, acrylics, mixed media, graffiti and designs sneakers.

Jaffet, who lives in Kendall, is the son of physical therapist parents; his father is an athletic trainer for the Miami Heat. Jaffet has the support of his family and two respected local artists — Miguel Paredes and Enrique "Sero" Cruz — who have taken Jaffet under their wing. “They’ve been wonderful to me,” he said.

Jaffet’s goal now is to win a scholarship to a prestigious art school.

“Then I want to be a full-time artist for the rest of my life,’’ he said.





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Apple overcomes last hurdle, iPhone 5 cleared for sale in China as Android continues to dominate












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