Facebook Trades North Of $60 For The First Time

TechCrunch

In after-hours trading today, investors rewarded Facebook with a rising share price after it reported stronger than expected revenue.

The company reported that it earned $0.31 per share, and had revenue in the quarter of $2.59 billion. As reported earlier, the analyst set had predicted that Facebook would earn $0.27 on revenue of $2.33 billion. The earnings beat sent the company’s stock up 5 percent in moments.

Facebook has since risen more than $6 per share, and is still up more than 12 percent in after-hours trading.

The company briefly passed the $60 mark in its post earnings frenzy, though it has since ceded back ground and fallen below the mark. According to Google Finance, before today, Facebook’s 52 week high was $59.31. Given Facebook’s prior ranges outside of that period, we can assert that Facebook traded over the $60 per share threshold in its history.

Screen Shot 2014-01-29 at 5.37.25 PM

Essentially Facebook has never been more richly valued than it…

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How Much Google And Other Tech Companies Spent On D.C. Lobbyists In One Chart

TechCrunch

Tech companies shelled out over $61 million to influence America’s political leaders in 2013, with Google leading the pack at a handsome $14 million. From high-skilled immigration reform to regulation, tech companies have become increasingly forced to preempt limitations imposed by policymakers.

The graph below is based on figures compiled by Consumer Watchdog from the House Clerks disclosure database.

tech-lobbying

In some cases, lobbying is a much cheaper and more successful investment than dealing with fines and laws after the fact. Google avoided a massive antitrust fine from the Federal Trade Commission by gaining friends all over the nation’s capitol.

In other cases, Google money could have been more productively spent on kale chips for their well-fed employees. Despite years of multi-million dollar, star-studded campaigns, the entire tech sector has yet to get legislation passed for high-skilled immigrants.

So far, the money has been quite good at protecting individual…

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Qualcomm Buys Massive Palm, iPaq And Bitfone Patent Portfolio From HP

TechCrunch

Is Qualcomm preparing for the revival of the personal digital assistant? The San Diego-based Qualcomm just announced that it has acquired 1,400 patents from HP covering Palm, iPaq and Bitfone patents and pending patents.

It’s unclear how many are from each portfolio, but Qualcomm just made a big leap in owning a chunk of patents covering the fundamentals of mobile operating system techniques.

The price of the sale was not released.

When HP purchased Palm in 2010 for $1.2 billion, the move was widely speculated as a patent grab. HP wanted to bulk up on key patents as the computing world was moving increasingly fast towards mobile devices. Qualcomm is seemingly following the same strategy.

Why would Qualcomm want such a massive cache of patents? Beyond the legacy of this portfolio and the importance of any individual patents, it’s all about the numbers. When you’re as large as Qualcomm…

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Coconut Ginger Vanilla Chia Pudding

EATING CLEAN

I kept hearing about chia pudding and kind of ignoring it, but then my friend Samantha told me about a chocolate chia pudding she made and how good it was, so I thought I should give it a go.

chia pudding

It’s super easy and i actually thought it was really tasty and I liked the texture. and since chia has no real flavor, you can be as creative as you want with it.

The texture is a lot like tapioca pudding – which I am not a fan of, but I do like some middle eastern rice pudding recipes with lots of fragrant spices, so I thought i’d give this one some character with coconut and ginger.

The rule of thumb with chia pudding is 3 tablespoons of chia seeds = 1 cup of liquid.  but the seeds are pretty forgiving as they can absorb 17 x their size in liquid.

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