2011 December | News Simplified

Saudi prince buys $300 million stake in Twitter

Posted by Judy Tillman Featured, Finance Tuesday, December 20th, 2011

Prince Alwaleed bin Talal of Saudi Arabia has bought a stake worth $300 million in microblogging site Twitter. The prince who is reportedly planning to start his own cable news channel was recently estimated by Forbes to be worth well over $19 billion and is said to own a 7 percent stake in media giant [...]

States to specify level of basic health benefits

Posted by Harris Newman Featured, Health Tuesday, December 20th, 2011

The Obama administration shall leave it to each state, instead of the federal government, to define its own “essential health benefits” that insurance companies will have to provide in the plans they will offer to consumers beginning 2014. “The proposal reflects our commitment to giving states the flexibility they need as they set up their [...]

Xbox 360 4GB S Console with Kinect Sensor Bundle Holiday Deal $199 after $100 credit

Posted by Harris Newman Featured, Shopping Monday, December 19th, 2011

Currently there are 2 Xbox 360 S console with Kinect sensor Bundle deals on Amazon. The better deal is with the 4GB S console (receive $100 credit) while there is a not so good deal (receive $75 credit) with the 250GB Xbox 360 S console as well. Two Xbox 360 console with Kinect Sensor Holiday [...]

Scarlett Johansson reportedly dating British Star!

Posted by Ricky Martinez Entertainment, Featured Monday, December 19th, 2011

Scarlett Johansson is said to be dating Dan ‘Skywizard’, the British musician from the Tribes band. Scarlet and Dan were reportedly introduced by some mutual friends at a London club early December when Scarlett was filming for ‘Under The Skin’, an upcoming British film where she will be playing the role of an alien sexual [...]

Novell’s lawsuit against Microsoft dismissed

Posted by Harris Newman Featured, Telecommunications Monday, December 19th, 2011

A US $1 billion antitrust lawsuit against Microsoft has been dismissed by a Salt Lake court following failure by the jury to arrive at a verdict. In the lawsuit, the multinational software and services firm Novell had accused Microsoft of leading it (Novell) into creating WordPerfect, the once famous writing software for Windows 95, only [...]

SEC sues former Freddie Mac and Fannie Mae executives for deception

Posted by Judy Tillman Featured, Finance Sunday, December 18th, 2011

The Securities and Exchange Commission accused six former top executives of Freddie Mac and Fannie Mae of fraud, for misleading investors that the two lenders did not have massive exposure to subprime mortgages. Two lawsuits were filed at the U.S. District Court in Manhattan One of the six former lenders’ executives is Richard F. Syron, [...]

Kindle Fire Review. Pluses and Minuses of the Amazon Kindle Fire Tablet

Posted by Harris Newman Featured, Shopping Saturday, December 17th, 2011

Since its release, there have been a lot of discussions about the positive and negative features of the Amazon Kindle Fire. Many reviews have been published where some considered it a brilliantly-made product while others pointed out its failure to match the hype that it will be an “iPad killer”. In this review, we’ll look [...]

Annual Survey shows decline in teen smoking, rise in teen pot use

Posted by Harris Newman Featured, Health Saturday, December 17th, 2011

Alcohol and cigarette consumption among teens is down to its lowest spot in 30 years, but the accessibility of medical marijuana seems to be increasing the shift to pot use according to the Monitoring the Future report, the annual survey of the National Institutes for Health. One in four or 25 percent of the 47,000 [...]

Lopez planning to sell Marc Anthony’s jewelry?

Posted by Ricky Martinez Entertainment, Featured Friday, December 16th, 2011

Popular singer Jennifer Lopez is reportedly planning to sell all the jewelry she was given by her former husband Marc Anthony, a move that is likely to attract even more attention to her divorce. Marc Anthony gave her the jewelry over the seven year period within which they were husband and wife. The Daily Mail [...]

U.S Homes Foreclosures Down to Lowest Level in Almost 3 Years

Posted by Judy Tillman Featured, Finance Friday, December 16th, 2011

In November, the number of U.S. homes that were under foreclosure or seized by banks dropped to the lowest level in almost three years. The number of initial payment default notices sent to homeowners was also down according to a RealtyTrac report. Banks foreclosed 56,124 homes in November, a 17 percent drop from the 67,624 [...]

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