Japan stocks rally, yen resumes fall after G20

TOKYO (Reuters) - Japanese shares rallied and the yen fell on Monday after Tokyo escaped direct criticism from its G20 peers on its aggressive reflationary plans that have weakened the currency.

"With Japan, as yet, using various measures to ease monetary conditions domestically, we do not expect a large international backlash against its efforts and look for the JPY to continue to decline gradually as the easier monetary conditions feed through into FX," Barclays Capital said in a note to clients.

The G20 declined to single out Tokyo but committed to refrain from competitive devaluations and said monetary policy would be directed only at price stability and growth. Japan said this has given it a green light to pursue its policies unchecked.

Taking their cue from the G20, the Nikkei average <.n225> opened up 1.3 percent as the yen resumed its downtrend. <.t/>

The MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> was nearly unchanged. The pan-Asian index briefly hit a 18-1/2-month high on Friday and had its best performance since the week of January 6 with a 1.2 percent weekly gain.

On Friday, MSCI's all-country world index <.miwd00000pus>, a measure of global equity activity, traded down 0.26 percent, while European shares closed lower and U.S. stocks ended flat.

Australian shares rose 0.3 percent as miners gained on hopes that top customer China might start buying after the Lunar New Year holidays, while blue chips Commonwealth Bank of Australia and Telstra Corp Ltd dropped after trading ex-dividend.

Markets in China and Taiwan resumed trading after a week-long holiday.

In Seoul, the Kospi <.ks11> opened down 0.1 percent, partly weighed by concerns over continued yen weakness that could erode the competitive edge of Korea's exporters.

"There is not much else to go on today except the currency, so everything depends on where the yen goes," said Toshiyuki Kanayama, senior market analyst at Monex.

The dollar rose 0.3 percent to 93.75 yen inching closer to its highest since May 2010 of 94.465 hit on February 11. The euro added 0.1 percent to 125.26 yen, still below its peak since April 2010 of 127.71 yen touched on February 6.

The market's focus is now on Prime Minister Shinzo Abe's nominee for the next Bank of Japan governor. Abe is expected to announce his choice in coming days.

Sources told Reuters that former top financial bureaucrat Toshiro Muto is leading the field of candidates to become the next central bank governor. It is expected that he would intensify stimulus efforts to reflate the economy.

STOCKS CONSOLIDATE

Data from EPFR Global on Friday underscored that a consolidation was underway in global equities after their recent rally. It showed investors worldwide pulled $3.62 billion from U.S. stock funds in the latest week, the most in ten weeks after taking a neutral stance the prior week. But demand for emerging market equities remained strong, with investors putting $1.81 billion in new cash to stock funds, the fund-tracking firm said.

Demand for commodities will likely be in focus as China returns to the market.

Investors are also expected to focus on fiscal talks in Washington, where policymakers are discussing a package of budget cuts set to kick in on March 1. Analysts say the austerity measures could hurt the U.S. economy.

U.S. crude fell 0.2 percent to $95.64 a barrel.

(Additional reporting by Sophie Knight in Tokyo; Editing by Shri Navaratnam)

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Rafael Correa Wins Re-election in Ecuador

Rodrigo Buendia/Agence France-Presse — Getty Images

President Rafael Correa, left, and Vice President Jorge Glass celebrated at the presidential palace in Quito on Sunday.

CARACAS, Venezuela — President Rafael Correa of Ecuador swept to re-election on Sunday in a vote that showed the broad popularity of his government’s social programs and support for the poor in a country to which he has brought stability after years of political and economic turmoil.

With close to half of the ballots counted on Sunday evening, Mr. Correa had received 56 percent of the votes cast, according to news media in Ecuador. Guillermo Lasso, a banker, the closest of his seven opponents, had 24 percent.

Thousands of supporters in the main square in Quito, the capital, began celebrating shortly after voting finished at 5 p.m., when television stations announced the result of exit polls showing Mr. Correa as the runaway winner.

“Many thanks for this immense trust,” Mr. Correa said from the balcony of the presidential palace. “We have never failed you, and we never will fail you.”

Critics of Mr. Correa have worried that such a strong mandate would embolden him to further concentrate power and proceed with policies that could limit press freedom and quash dissent.

Following the re-election last fall of President Hugo Chávez in Venezuela, Mr. Correa’s victory ratified the lasting appeal in the region of leftist governments that have used revenues from booming oil and mining industries to finance social welfare programs aimed at redistributing wealth and curbing inequality.

Now, with Mr. Chávez battling cancer, Mr. Correa could raise his profile as one of the most vocal leaders on the Latin American left.

Mr. Correa told reporters that he would continue policies aimed at ending poverty and diminishing inequality, saying the challenge of the next four years “is go faster and deeper in the same direction.”

His victory also highlighted the weakness of the political opposition in Ecuador. He faced a raft of opponents from across the political spectrum who split the vote from a fractured opposition that was unable to coalesce behind a single candidate or project a unified message.

Mr. Correa also won points from voters for bringing stability to Ecuador, a country that had seven presidents in the decade before he took office and was buffeted by severe economic problems. According to the new Constitution that was passed at his urging in 2008, Mr. Correa cannot run again when his new term ends in 2017.

Mr. Correa, an economist who studied at the University of Illinois, has improved access to education and health care for the poor and has built or improved thousands of miles of roads and highways. In a new term, he has pledged to continue signature social programs and to pass laws covering the news media, land reform and the penal code.

But he has governed with aggressive tactics that critics say undermine democracy by expanding presidential power; weakening the independence of the courts; and lashing out often at perceived enemies, including political opponents, the media and, at times, the United States.

“You have to trust Correa because he has done a lot that other governments never did in all these years,” said Rita Bastidas, a 42-year-old nurse, after voting for the president in the south of Quito. “Correa came along, and, in very little time, everything changed for the better.”

She added, “They accuse him of being authoritarian and arrogant, but this country needed someone like that to change things.”

An employee at the Ministry of Health said he voted against Mr. Correa because he did not like the way the president managed the health system, adding that qualified personnel had been pushed into retirement and replaced by members of Mr. Correa’s party.

“I want better days where they govern for everyone and not just for the greens,” he said, referring to the color used by the president’s party, Alianza País. The man spoke anonymously because he feared reprisals at work if it were known that he voted against the president.

Domingo Paredes, the president of the National Electoral Council, said Sunday that officials had detected an attack on electoral computer systems but that it was not successful.

Maggy Ayala contributed reporting from Quito, Ecuador.

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Facebook Is Somehow Getting a $429 Million Tax Refund This Year

February really is the cruelest month because, on top of all this snow, one is forced to start contemplating death, or at least filling out one’s taxes. (The distinction was always lost on us.) You might be left scratching your head, and wishing you had a better accountant, when you hear how Facebook is getting hundreds of millions in a tax refund this year.

RELATED: Zuckerberg Is the Most Reluctant IPO Billionaire

Thanks to a statement from Citizens for Tax Justice, Bloomberg Businessweek’s Peter Coy brought an interesting little nugget of information from Facebook’s public filing to our attention. Because of the way Facebook treats stock options distributed to investors and employees instead of cash compensation on its balance sheets, the company is able to claim paying a tax liability worth hundreds of millions of dollars when the reality is they’re getting paid: 

RELATED: Internet Delights in Facebook IPO Filing’s Juicy Details

You won’t find any $ 429 million tax refund in Facebook’s financial statements. Indeed, the company says it had a $ 559 million federal tax liability in 2012. But that liability isn’t an actual payment. In a footnote, the company also said that it had a $ 1.03 billion “excess tax benefit” last year related to “stock option exercises and other equity awards.” That benefit is what flips the federal tax liability into a refund. (A small portion is applied against state taxes.)

So, y’know, hope your return this year is that big. You can read more about the mechanics behind Facebook’s accounting in Coy’s explanation. 

Social Media News Headlines – Yahoo! News

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Beasts of the Southern Wild-Inspired Louisiana Grub for the Oscars

By Alison Schwartz

02/16/2013 at 12:00 PM EST

Nitehawk's Oscar dish, with Quvenzhané Wallis (inset)

Courtesy Nitehawk; Inset: FOX Searchlight

With Feb. 24's 2013 Academy Awards drawing closer, there's no better time to whet your appetite for all things movies – literally.

Embrace your inner film buff one bite at a time starting with one of this year's Best Picture nominees: Beasts of the Southern Wild. You'll take a trip to the bayous of Louisiana courtesy of Brooklyn's Nitehawk Cinema, which is serving up Oscar contender-inspired dishes to moviegoers in celebration of the film industry's biggest night.

Pair your po' boy and hush puppies with an adults-only beverage. (Yup, that means the movie's 9-year-old star (and youngest Best Actress nominee ever), Quvenzhané Wallis, couldn't quite indulge in this gin-based treat.)

Fried Oyster Po' Boy with Hush Puppies and a Spicy Remoulade

Servings: 4

• 20 shucked oysters, cleaned
• 2 cups buttermilk
• Salt and pepper
• 1 cup all-purpose flour
• 3 tbsp. Old Bay seasoning
• 6 cups canola oil
Marinate oysters in buttermilk, salt and pepper for at least an hour. Mix flour with Old Bay. Heat canola oil in a pot large enough that the oil only fills it half way to 350ºF over medium heat. Use a candy thermometer to keep track of temperature. Remove oysters from buttermilk, dredge in seasoned flour, and fry in canola oil until crispy and golden brown. Season with salt when oysters are removed from the oil. Let oysters drain on paper towels. Serve on a toasted baguette. Cut into four pieces with hush puppies and remoulade. (See recipes below.)

Remoulade• 4 oz. Dijon mustard
• 2 oz. ketchup
• ½ tsp. Worcestershire sauce
• 1 tsp. prepared horseradish
• 1 clove garlic
• ½ tsp. lemon juice
• 2 tsp. black pepper
• ¼ cup olive oil
• 1 stalk of celery, chopped
• 2 tbsp. parsley, cleaned and chopped
• ¼ Spanish onion, chopped
• 2 tbsp. paprika
• 2 dashes of Tabasco sauce
• Pinch of cayenne pepper
• Pinch of chili flake
• Salt and pepper
Puree all items in a food processor until smooth. Season to taste.

Hush Puppies• 2 scallions, chopped
• ¼ Spanish onion, diced
• 2 eggs
• 6 oz. buttermilk
• 4 oz. bacon fat
• 2 tbsp. baking soda
• 4 tbsp. baking powder
• 2 cups cornmeal
• 1 cup all-purpose flour
• 2 oz. sugar
• 1 tbsp. Old Bay seasoning
• Salt and pepper
• 6 cups canola oil
Mix scallions, onion, baking soda, baking powder, cornmeal, flour, sugar, Old Bay, and salt and pepper well. In a small pot, melt bacon fat and set aside. Add the buttermilk and eggs into dry ingredients until incorporated, making sure not to over-mix. Slowly add in melted bacon fat. Let batter rest for 20 minutes. Over medium heat, pour the canola oil in a pot large enough that the oil only fills it halfway to 350ºF, using a candy thermometer to monitor temperature. Using a small cookie scoop, spoon batter into oil, making sure not to overcrowd the oil. Fry until golden and cooked through, about three to four minutes.

Wink’s Bathtub Gin

Makes one cocktail

• 1.5 oz gin (recipe recommends Bulldog Gin)
• ¾ oz. Lillet Blanc
• ½ oz. crème de cacao liqueur
• ½ oz. fresh lemon juice
Add all ingredients to an ice-filled pint glass. Shake well and strain over fresh ice into a rocks glass.

The 85th annual Academy Awards will air live on Sunday, Feb. 24, on ABC from the Dolby Theatre in Hollywood.

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UN warns risk of hepatitis E in S. Sudan grows

GENEVA (AP) — The United Nations says an outbreak of hepatitis E has killed 111 refugees in camps in South Sudan since July, and has become endemic in the region.

U.N. refugee agency spokesman Adrian Edwards says the influx of people to the camps from neighboring Sudan is believed to be one of the factors in the rapid spread of the contagious, life-threatening inflammatory viral disease of the liver.

Edwards said Friday that the camps have been hit by 6,017 cases of hepatitis E, which is spread through contaminated food and water.

He says the largest number of cases and suspected cases is in the Yusuf Batil camp in Upper Nile state, which houses 37,229 refugees fleeing fighting between rebels and the Sudanese government.

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G20 steps back from currency brink, heat off Japan

MOSCOW (Reuters) - The Group of 20 nations declared on Saturday there would be no currency war and deferred plans to set new debt-cutting targets, underlining broad concern about the fragile state of the world economy.

Japan's expansive policies, which have driven down the yen, escaped direct criticism in a statement thrashed out in Moscow by policymakers from the G20, which spans developed and emerging markets and accounts for 90 percent of the world economy.

Analysts said the yen, which has dropped 20 percent as a result of aggressive monetary and fiscal policies to reflate the Japanese economy, may now continue to fall.

"The market will take the G20 statement as an approval for what it has been doing -- selling of the yen," said Neil Mellor, currency strategist at Bank of New York Mellon in London. "No censure of Japan means they will be off to the money printing presses."

After late-night talks, finance ministers and central bankers agreed on wording closer than expected to a joint statement issued last Tuesday by the Group of Seven rich nations backing market-determined exchange rates.

A draft communiqué on Friday had steered clear of the G7's call for economic policy not to be targeted at exchange rates. But the final version included a G20 commitment to refrain from competitive devaluations and stated monetary policy would be directed only at price stability and growth.

"The mood quite clearly early on was that we needed desperately to avoid protectionist measures ... that mood permeated quite quickly," Canadian Finance Minister Jim Flaherty told reporters, adding that the wording of the G20 statement had been hardened up by the ministers.

As a result, it reflected a substantial, but not complete, endorsement of Tuesday's proclamation by the G7 nations - the United States, Japan, Britain, Canada, France, Germany and Italy.

As with the G7 intervention, Tokyo said it gave it a green light to pursue its policies unchecked.

"I have explained that (Prime Minister Shinzo) Abe's administration is doing its utmost to escape from deflation and we have gained a certain understanding," Finance Minister Taro Aso told reporters.

"We're confident that if Japan revives its own economy that would certainly affect the world economy as well. We gained understanding on this point."

Flaherty admitted it would be difficult to gauge if domestic policies were aimed at weakening currencies or not.

NO FISCAL TARGETS

The G20 also made a commitment to a credible medium-term fiscal strategy, but stopped short of setting specific goals as most delegations felt any economic recovery was too fragile.

The communiqué said risks to the world economy had receded but growth remained too weak and unemployment too high.

"A sustained effort is required to continue building a stronger economic and monetary union in the euro area and to resolve uncertainties related to the fiscal situation in the United States and Japan, as well as to boost domestic sources of growth in surplus economies," it said.

A debt-cutting pact struck in Toronto in 2010 will expire this year if leaders fail to agree to extend it at a G20 summit of leaders in St Petersburg in September.

The United States says it is on track to meet its Toronto pledge but argues that the pace of future fiscal consolidation must not snuff out demand. Germany and others are pressing for another round of binding debt targets.

"We had a broad consensus in the G20 that we will stick to the commitment to fulfill the Toronto goals," German Finance Minister Wolfgang Schaeuble said. "We do not have any interest in U.S.-bashing ... In St. Petersburg follow-up-goals will be decided."

The G20 put together a huge financial backstop to halt a market meltdown in 2009 but has failed to reach those heights since. At successive meetings, Germany has pressed the United States and others to do more to tackle their debts. Washington in turn has urged Berlin to do more to increase demand.

Backing in the communiqué for the use of domestic monetary policy to support economic recovery reflected the U.S. Federal Reserve's commitment to monetary stimulus through quantitative easing, or QE, to promote recovery and jobs.

QE entails large-scale bond buying -- $85 billion a month in the Fed's case -- that helps economic growth but has also unleashed destabilising capital flows into emerging markets.

A commitment to minimize such "negative spillovers" was an offsetting point in the text that China, fearful of asset bubbles and lost export competitiveness, highlighted.

"Major developed nations (should) pay attention to their monetary policy spillover," Vice Finance Minister Zhu Guangyao was quoted by state news agency Xinhua as saying in Moscow.

Russia, this year's chair of the G20, admitted the group had failed to reach agreement on medium-term budget deficit levels and expressed concern about ultra-loose policies that it and other emerging economies say could store up trouble for later.

On currencies, the G20 text reiterated its commitment last November, "to move more rapidly toward mores market-determined exchange rate systems and exchange rate flexibility to reflect underlying fundamentals, and avoid persistent exchange rate misalignments".

It said disorderly exchange rate movements and excess volatility in financial flows could harm economic and financial stability.

(Additional reporting by Gernot Heller, Lesley Wroughton, Maya Dyakina, Tetsushi Kajimoto, Jan Strupczewski, Lidia Kelly, Katya Golubkova, Jason Bush, Anirban Nag and Michael Martina. Writing by Douglas Busvine. Editing by Timothy Heritage/Mike Peacock)

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A Ticket, a Lie and a British Official’s Downfall

LONDON — It began mundanely enough with a speeding violation 10 years ago.

But it escalated, through the tangled, explosive passions of a failed marriage and one partner’s new love affair, into one of the most tawdry political scandals Britain has seen in years.

And it has claimed the political career of an ambitious cabinet minister, Chris Huhne, a Liberal Democrat who resigned his position as energy and climate change secretary in Prime Minister David Cameron’s coalition government and his parliamentary seat. He now finds himself facing what the judge in the case has described as the strong likelihood of a prison sentence.

Mr. Huhne’s former wife, Vicky Pryce, a prominent Greek-born economist who was joint head of the Government Economic Service until 2010, may go to prison, too, if a verdict expected this week finds her guilty of perverting the course of justice by falsely certifying that she, and not her husband, was the driver who had been speeding.

That was the offense to which Mr. Huhne (pronounced HEWN) pleaded guilty when the trial began two weeks ago, though he had maintained for years — up to the moment the court sat — that he was innocent of any wrongdoing.

Along the way, the trial veered far from the speeding offense, into painfully intimate details of the couple’s family life, in what some British commentators have described as an egregious invasion of their privacy.

The court has heard that Ms. Pryce, 60, a mother of five, twice faced demands from her husband that she have an abortion, and that she acceded the first time, to her bitter regret. It has been told of her fury and humiliation when Mr. Huhne, who is 58, left her for a female political aide, Carina Trimingham, who was previously in a relationship with another woman.

It heard, too, of her subsequent decision to reveal the speeding ticket switch to one of Britain’s most widely read newspapers, the Rupert Murdoch-owned Sunday Times, in order to “nail” her former husband and “bring Huhne down,” as she expressed it in e-mails shown to the court.

Evidence at the trial showed The Sunday Times aggressively encouraging Ms. Pryce to join in an effort to end Mr. Huhne’s career.

In the e-mails introduced by the prosecution, the paper’s political editor, Isabel Oakeshott, assured Ms. Pryce that going public with the story of the subterfuge over the speeding ticket in front-page articles without naming her as the person who falsely signed as the driver would inflict “maximum, perhaps fatal damage” to Mr. Huhne, by then a minister in the government and in the process of divorcing Ms. Pryce. This, Ms. Oakeshott said, would achieve “the dual purpose of bringing Huhne down, if we can, without seriously damaging your own reputation.”

The evidence also included a string of text messages between Mr. Huhne and the couple’s youngest child, Peter, now a 20-year-old college student. Distressed by what Mr. Huhne had done to his mother, the youth responded to overtures for understanding with expletive-littered repudiations in which he said, “You are the most ghastly man I have ever known,” “I hate you” and “You make me sick.”

The justification given in court for venturing so deeply into the couple’s family life was that Ms. Pryce had employed the rarely used “marital coercion” defense, adopted into English law in 1925. Using this as a plea, a woman can be found not guilty of any crime other than treason or murder if she can show she committed it under coercion from her husband while he was physically present.

Ms. Pryce asserts that her husband pressured her insistently to take the blame for the speeding violation, while the prosecution has argued that she was a willing partner in the subterfuge and constructed her account of the episode out of a desire for revenge for her husband’s affair and his abrupt ending of their 25-year marriage, shortly after he became a minister.

That has made the entire sweep of the couple’s troubled marriage and divorce an open book in court, in a way that has made allies of powerful groups that have not always seen eye to eye. Among those are women’s rights advocates deeply sympathetic to Ms. Pryce and people critical of the judiciary for leaping to the defense of individuals’ privacy rights in some cases and for adopting a seeming indifference to the same rights in others.

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Android, iOS tighten stranglehold on smartphone industry, account for 91% of Q4 shipments

It’s a good thing BlackBerry (BBRY) and Microsoft (MSFT) have finally decided to step up their games, because we’re rapidly headed toward a smartphone OS duopoly. The latest numbers from IDC show that iOS and Android devices accounted for 91% of smartphones shipped in the fourth quarter of 2012, a record combined share for the two largest operating systems in the mobile world. Overall, Android devices accounted for a whopping 70% of all smartphones shipped in the quarter while iOS devices accounted for 21%.

The increased dominance of the top two mobile operating systems came at the expense of BlackBerry, which saw its market share slide from 8% in the fourth quarter of 2011 to just 3% in the Q4 2012. Of course, these numbers came at a low point for BlackBerry since the company hadn’t shipped a new BlackBerry smartphone to the market in more than a year, so it may see its share of smartphone shipments increase in the coming months now that it’s finally released its first BlackBerry 10 smartphone.

IDC’s full press release is posted below.

Android and iOS Combine for 91.1% of the Worldwide Smartphone OS Market in 4Q12 and 87.6% for the Year, According to IDC 

FRAMINGHAM, Mass. February 14, 2013 – Android and iOS, the number one and number two ranked smartphone operating systems (OS) worldwide, combined for 91.1% of all smartphone shipments during the fourth quarter of 2012 (4Q12). According to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, Android smartphone vendors and Apple shipped a total of 207.6 million units worldwide during 4Q12, up 70.2% from the 122.0 million units shipped during 4Q11. For calendar year 2012, Android and iOS combined for 87.6% of the 722.4 million smartphones shipped worldwide, up from 68.1% of the 494.5 million units shipped during calendar year 2011.

“The dominance of Android and Apple reached a new watermark in the fourth quarter,” said Ramon Llamas, research manager with IDC’s Mobile Phone team. “Android boasted a broad selection of smartphones, and an equally deep list of smartphone vendor partners. Finding an Android smartphone for nearly any budget, taste, size, and price was all but guaranteed during 2012. As a result, Android was rewarded with market-beating growth.”

“Likewise, demand for Apple’s iPhone 5 kept iOS out in front and in the hands of many smartphone users,” added Llamas. “At the same time, lower prices on the iPhone 4 and the iPhone 4S brought iOS within reach of more users and sustained volume success of older models. Even with the Apple Maps debacle, iPhone owners were not deterred from purchasing new iPhones.”

The two horse race between Android and iOS has collectively accounted for more than 50% share of the smartphone OS market over the past two years. At the same time both BlackBerry and Microsoft have been working on competing platforms that have recently launched and are poised for competition. Microsoft launched Windows Phone 8 in 4Q12, and BlackBerry more recently released BB10 in January, marking the first time two new platforms have been introduced to the smartphone space in the past several years.

“With the recent introductions of two new smartphone platforms we expect some ground to be made by the new entrants over the coming years,” said Ryan Reith, program manager with IDC’s Mobile Device Trackers. “There is no question the road ahead is uphill for both Microsoft and BlackBerry, but history shows us consumers are open to change. Platform diversity is something not only the consumers have asked for, but also the operators.”

Smartphone Operating System Highlights

Android continued its overall upward trajectory, reaching triple-digit growth for the year. Samsung was the biggest contributor to Android’s success, amassing 42.0% of all Android smartphone shipments during the year. Following Samsung was a long list of vendors with single digit market share, and an even longer list of vendors with market share less than one percent. The intra-Android competition has not stifled companies from keeping Android as the cornerstone of their respective smartphone strategies, but has upped the ante to innovate proprietary experiences.

iOS posted yet another quarter and year of double-digit growth with strong demand for the iPhone. But what also stands out is how iOS’s year-over-year growth has slowed compared to the overall market. The smaller volumes during 2Q12 and to a smaller extent 3Q12 underscore the possibility for a mid-year iPhone release in order to maintain market-beating growth. Speculation about the release of possible larger-screen and inexpensive models during the middle of 2013 continues to follow Apple, which would help sustain growth. But until any model is formally announced, speculation remains simply that.

BlackBerry‘s decision to postpone the release of BB10 to 2013 left the platform vulnerable in 2012 and reliant primarily on older smartphones running on BB7. As a result, BlackBerry’s tight grip on enterprise users has loosened and its popularity within emerging markets has been diminished by the competition. Now that BlackBerry has unveiled BB10, the company is faced with migrating current BlackBerry users to upgrade while persuading smartphone users of other platforms, including previous BlackBerry users, to switch.

Windows Phone/Windows Mobile made market-beating progress in 4Q12 and 2012. The addition of Nokia’s strong commitment behind the platform was the key driver in Microsoft’s success. At the same time, the relationship has benefited Nokia, which amassed 76.0% of all Windows Phone/Windows Mobile smartphone shipments. Beyond Nokia, however, is a short list of other vendors who have been experimenting with Windows Phone while also supporting Android.

Linux has remained essentially flat from the previous year, with longtime supporters NEC and Panasonic moving to Android and newcomers K-Touch and Haier making up the difference. Linux will bear close observation in 2013 as new smartphones from SailFish, Tizen, and Ubuntu are all scheduled to launch this year. Still, these new Linux-powered operating systems will require time and investment to gain momentum in the market, making for a slowly growing trajectory.

Top Five Smartphone Operating Systems, Shipments, and Market Share, 4Q12 (Units in Millions) 

Operating System	4Q12 Unit Shipments	4Q12 Market Share	4Q11 Unit Shipments	4Q11 Market Share	Year over Year Change
Android	159.8	70.1%	85.0	52.9%	88.0%
iOS	47.8	21.0%	37.0	23.0%	29.2%
BlackBerry	7.4	3.2%	13.0	8.1%	-43.1%
Windows Phone/ Windows Mobile	6.0	2.6%	2.4	1.5%	150.0%
Linux	3.8	1.7%	3.9	2.4%	-2.6%
Others	3.0	1.3%	19.5	12.1%	-84.6%
Total	227.8	100.0%	160.8	100.0%	41.7%

Source: IDC Worldwide Mobile Phone Tracker, February 14, 2013

Gadgets News Headlines – Yahoo! News

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Molly Sims: I Nursed a Little Vampire!

Mom & Babies
Celebrity Baby Blog

02/15/2013 at 01:00 PM ET

Following the birth of her baby boy, Molly Sims was ready to sink her teeth into breastfeeding.

The only problem? Her son Brooks Alan had beaten her to it.

“Early on in the hospital, they really want you to breastfeed, so I’m trying everything,” the model mama, 39, shared during a Wednesday appearance on Anderson Live.

“And I’m like, ‘Gosh, this really, really hurts.’ And they’re like, ‘Oh, we know.’”

Determined to find the root of the pain, Sims went searching in her newborn’s mouth — and was shocked at her discovery.

“I’m like, ‘Is there any way a baby could be born with a tooth?’” she recalls. “And they went, ‘Oh sweetie, I know you’re a model, but … babies aren’t born with teeth!’”

She continues: “Come to find out, my baby was born with a tooth!”

Courtesy ANDERSON LIVE

Despite countless attempts to successfully nurse — “I did nipple shields, nipple guards, supplemental nursing system, it was horrible,” the new mom says — Sims eventually decided to call it quits.

“He was literally like a vampire on me for three months — it was unbelievable,” she says with a laugh. “Cut to I’m not breastfeeding and I’m proud of it.”

Now Brooks, 7 months, has moved on to other milestones — including crawling — and is already taking after his dad, Scott Stuber.

“He has the hairline of my husband. It’s like an Eddie Munster kind of hairline. It’s not so attractive, but [he'll] end up growing into it,” Sims says.

');var brightcovevideoid = 2167819565001

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States' choices set up national health experiment

WASHINGTON (AP) — President Barack Obama's health care overhaul is unfolding as a national experiment with American consumers as the guinea pigs: Who will do a better job getting uninsured people covered, the states or the feds?

The nation is about evenly split between states that decided by Friday's deadline they want a say in running new insurance markets and states that are defaulting to federal control because they don't want to participate in "Obamacare." That choice was left to state governments under the law: Establish the market or Washington will.

With some exceptions, states led by Democrats opted to set up their own markets, called exchanges, and Republican-led states declined.

Only months from the official launch, exchanges are supposed to make the mind-boggling task of buying health insurance more like shopping on Amazon.com or Travelocity. Millions of people who don't have employer coverage will flock to the new markets. Middle-class consumers will be able to buy private insurance, with government help to pay the premiums in most cases. Low-income people will be steered to safety net programs like Medicaid.

"It's an experiment between the feds and the states, and among the states themselves," said Robert Krughoff, president of Consumers' Checkbook, a nonprofit ratings group that has devised an online tool used by many federal workers to pick their health plans. Krughoff is skeptical that either the feds or the states have solved the technological challenge of making the purchase of health insurance as easy as selecting a travel-and-hotel package.

Whether or not the bugs get worked out, consumers will be able to start signing up Oct. 1 for coverage that takes effect Jan. 1. That's also when two other major provisions of the law kick in: the mandate that almost all Americans carry health insurance, and the rule that says insurers can no longer turn away people in poor health.

Barring last-minute switches that may not be revealed until next week, 23 states plus Washington, D.C., have opted to run their own markets or partner with the Obama administration to do so.

Twenty-six states are defaulting to the feds. But in several of those, Republican governors are trying to carve out some kind of role by negotiating with federal Health and Human Services Secretary Kathleen Sebelius. Utah's status is unclear. It received initial federal approval to run its own market, but appears to be reconsidering.

"It's healthy for the states to have various choices," said Ben Nelson, CEO of the National Association of Insurance Commissioners. "And there's no barrier to taking somebody else's ideas and making them work in your situation." A former U.S. senator from Nebraska, Nelson was one of several conservative Democrats who provided crucial votes to pass the overhaul.

States setting up their own exchanges are already taking different paths. Some will operate their markets much like major employers run their health plans, as "active purchasers" offering a limited choice of insurance carriers to drive better bargains. Others will open their markets to all insurers that meet basic standards, and let consumers decide.

Obama's Affordable Care Act remains politically divisive, but state insurance exchanges enjoy broad public support. Setting up a new market was central to former Republican presidential candidate Mitt Romney's health care overhaul as governor of Massachusetts. There, it's known as the Health Connector.

A recent AP poll found that Americans prefer to have states run the new markets by 63 percent to 32 percent. Among conservatives the margin was nearly 4-1 in favor of state control. But with some exceptions, including Idaho, Nevada and New Mexico, Republican-led states are maintaining a hands-off posture, meaning the federal government will step in.

"There is a sense of irony that it's the more conservative states" yielding to federal control, said Sandy Praeger, the Republican insurance commissioner in Kansas, a state declining to run its own exchange. First, she said, the law's opponents "put their money on the Supreme Court, then on the election. Now that it's a reality, we may see some movement."

They're not budging in Austin. "Texas is not interested in being a subcontractor to Obamacare," said Lucy Nashed, spokeswoman for Gov. Rick Perry, who remains opposed to mandates in the law.

In Kansas, Praeger supported a state-run exchange, but lost the political struggle to Gov. Sam Brownback. She says Kansans will be closely watching what happens in neighboring Colorado, where the state will run the market. She doubts that consumers in her state would relish dealing with a call center on the other side of the country. The federal exchange may have some local window-dressing but it's expected to function as a national program.

Christine Ferguson, director of the Rhode Island Health Benefits Exchange, says she expects to see a big shift to state control in the next few years. "Many of the states have just run out of time for a variety of reasons," said Ferguson. "I'd be surprised if in the longer run every state didn't want to have its own approach."

In some ways, the federal government has a head start on the states. It already operates the Medicare Plan Finder for health insurance and prescription plans that serve seniors, and the Federal Employees Health Benefits Program. Both have many of the features of the new insurance markets.

Administration officials are keeping mum about what the new federal exchange will look like, except that it will open on time and people in all 50 states will have the coverage they're entitled to by law.

Joel Ario, who oversaw planning for the health exchanges in the Obama administration, says "there's a rich dialogue going on" as to what the online shopping experience should look like. "To create a website like Amazon is a very complicated exercise," said Ario, now a consultant with Manatt Health Solutions.

He thinks consumers should be able to get one dollar figure for each plan that totals up all their expected costs for the year, including premiums, deductibles and copayments. Otherwise, scrolling through pages of insurance jargon online will be a sure turn-off.

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