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Friday, October 12, 2012

Cheat Sheet - Biden’s Win Was a Big F@$&ing Deal

Today: It Was a Big F@$&ing Deal , Egyptian Protesters Clash , Romney Attacks Biden on Libya
Cheat Sheet: Afternoon

October 12, 2012
VEEPSTAKES

It's no contest—Biden nailed it. But Obama still needs to seal the deal. The Daily Beast's Robert Shrum on the three things that will determine the outcome of the presidential race—and why they all point toward a Democratic victory.

SCUFFLE

An altercation broke out at a rally in Egypt on Friday between two groups within the several hundred protesters after one faction began chanting perceived insults against new Islamist President Mohamed Morsi. The protest was organized to demand more action from the fledging leader after his first 100 days in office. Specifically, activists were calling for more diversity on the panel writing Egypt's new constitution, which they say is stacked with Islamists and members of Morsi's Muslim Brotherhood. Brotherhood members were in the square protesting the acquittals of 24 loyalists of former president Hosni Mubarak on manslaughter and attempted-murder charges.

DEBATE

Mitt Romney would like a chance to respond. The GOP candidate is calling out Biden for claiming at last night's debate that "we did not know" the Benghazi post had requested extra security for Sept. 11. Testimony from State Department officials disclosed this week that they had asked for more resources for the anniversary. "The vice president directly contradicted the sworn testimony of State Department officials," Romney told supporters at a rally in Virginia. "He's doubling down on denial." During the debate, Biden accused Romney of reacting unprofessionally in the aftermath of the attacks.

Mo' Money

Two of the U.S. largest banks, JPMorgan Chase and Wells Fargo, reported big quarterly profits on Friday—with JPMorgan Chase having a third-quarter profit of $5.7 billion, up 34 percent from last year. The economy is adding jobs, the housing market is recovering, and the Federal Reserve provides money for free. Which means it is a great time to be a bank. Earnings at Wells Fargo were up 22 percent for the third quarter, or $4.9 billion profit. Chase's profits come in the aftermath of the "London whale" trading debacle.

SMELLS LIKE PLAGIARISM

A brazen act of plagiarism—or a ridiculous conspiracy theory? During Thursday night's vice-presidential debate, Paul Ryan defended his stance on abortion by telling a story about how his daughter earned the nickname "Bean": she resembled one on her ultrasound. Skeptics were quick to point out that it's the same anecdote late Nirvana front man Kurt Cobain told when explaining how his daughter, Frances, got the middle name Bean. Ryan is a "devoted" Nirvana fan, so the theory could be true. Although on the other hand, Ryan and Cobain can't be the only two people to compare an ultrasound photo with a bean.


'I'm Not a Monster'
Mom Who Glued Daughter's Hands Gets 99 Years
Daughter found in a coma.
NOT A GOOD LOOK
Secret Service Agent Cuffed
For "disorderly intoxication" in Miami after Obama visit.
CAN'T LOSE
FNL Accuses Romney of Plagiarism
Condemns campaign use of show's catchphrase.
SLITHERIN'
10-Foot Snake Found at Airport
Not on plane, but in grass at Key West airport.
YouTube
Bieber Videos to Hit the Web?
Computer thief threatens the superstar with personal videos.
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What would happen if Britney Spears moderated the vice-presidential debate in the same way she judges 'X Factor'? Watch our mashup and see for yourself. It's Britney, Biden!



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Technology Report: Apple to host October 23 event, iPad mini expected

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10/12/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Apple to host October 23 event, iPad mini expected
SAN FRANCISCO (Reuters) - Apple Inc will host an event on October 23, said a source familiar with the plan, in what is expected to be the unveiling of a smaller iPad to venture into a market staked out well in advance by rivals Amazon.com Inc and Google Inc.
Microsoft to add Google as defendant in Motorola patent fight
SEATTLE (Reuters) - Microsoft Corp said on Friday it plans to add Google Inc as a defendant in Germany in one of its patent actions against Google's phone maker, Motorola Mobility, marking the first time the two tech giants have come into direct legal conflict over Google's Android mobile software.
Holiday sales critical for Nokia after weak quarter
HELSINKI (Reuters) - Nokia is expected to report another quarterly loss next week, raising the stakes for its holiday-season sales battle with smartphone rivals Apple and Samsung.
Analysis: Smaller firms grab big slice of mobile advertising
(Reuters) - When Auntie Anne's, the pretzel chain, wanted to tempt moms in Atlanta shopping malls with free offers, it dished out coupons through smartphones that could be redeemed immediately for a free drink or other specials.
Apple gets OK to use Swiss railway clock design
ZURICH (Reuters) - Apple, sensitive about protecting its own designs, has struck a deal to use Swiss railway operator SBB's trademark station clock design on iPads and iPhones.
Shares of Workday soar 72 percent in trading debut
(Reuters) - Shares of Workday Inc, a cloud computing company that has yet to turn a profit, soared 72 percent in their market debut on Friday, giving some tech analysts and investors a sense of de ja vu and question the lofty valuation.
Exclusive: Ellison eyes fellow billionaire's AEG empire - sources
LOS ANGELES/NEW YORK - (Reuters) - Oracle Corp's Larry Ellison, known for his taste for the finer things in life, is now intrigued by a multibillion dollar sports and entertainment empire.
Amazon CEO confirms Kindle sold "at cost"
(Reuters) - Amazon Chief Executive Jeff Bezos confirmed on Thursday that the online retailer sells its Kindle e-reader "at cost", with profit coming instead from sales of online content.
U.S. court clears Samsung phone, hands Apple setback
WASHINGTON/SAN FRANCISCO (Reuters) - A U.S. appeals court overturned a pretrial sales ban against Samsung Electronics Co Ltd's Galaxy Nexus smartphone, dealing a setback to Apple Inc in its battle against Google Inc's increasingly popular mobile software.
Apple CEO visits Foxconn's iPhone plant in China
(Corrects third paragraph in March 29 story to say factory is in Henan province, not Hebei)
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