Report: Apple exec refused to apologize for Maps

NEW YORK (AP) ? The head of Apple's iPhone software development was asked to resign after he refused to sign a letter apologizing for the flaws of Apple's mapping application, according to a published report.

The Wall Street Journal says Scott Forstall's refusal was the latest clash between him and other executives, and led to the company's announcement Monday that he is stepping down and leaving the company next year.

Forstall's unit was responsible for the Maps application, which was unfavorably compared to the Google Maps app it replaced.

Apple also announced the immediate departure of John Browett, a British retail executive who took over Apple's stores in April.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-10-30-Apple-Personnel/id-abf10f066bb4435680368deff02f9d0b

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Swiss bank UBS to cut as many as 10,000 jobs

FILE- In this Tuesday, Feb. 7, 2012, file photo, UBS CEO Sergio Ermotti speaks at a news conference announcing the bank's 2011 full year result in Zurich, Switzerland. A published report released Tuesday, Oct. 23, 2012, says UBS is preparing to cut about 400 jobs. (AP Photo/Keystone, Steffen Schmidt)

FILE- In this Tuesday, Feb. 7, 2012, file photo, UBS CEO Sergio Ermotti speaks at a news conference announcing the bank's 2011 full year result in Zurich, Switzerland. A published report released Tuesday, Oct. 23, 2012, says UBS is preparing to cut about 400 jobs. (AP Photo/Keystone, Steffen Schmidt)

FILE- City trader Kweku Adoboli, arrives at Court in London in this file photo dated Thursday Sept. 22, 2011, where he is accused of fraud and false accounting at Swiss banking giant UBS. Adoboli broke down in tears as he took the stand for the first time Friday Oct. 26, 2012, as he insisted he had acted purely to help save the bank he considered his family. Adoboli has pleaded not guilty to all charges against him. (AP Photo/Sang Tan, File)

GENEVA (AP) ? Swiss banking giant UBS AG is to cut as many as 10,000 employees, or some 15 percent of its staff, to drastically shrink its ailing investment bank.

The news of the layoffs came as Switzerland's biggest bank posted another big loss for the third quarter. It said Tuesday that the job cuts are part of a strategy to shore up profits.

As a result, UBS said it needs to reduce its headcount to "around 54,000" by 2015, down from its current 64,000 employees in 57 countries.

Some 7,500 jobs are to be cut mainly in London and the United States, where UBS has a prominent building and trading operations in Stamford, Conn., near New York City. The other 2,500 cuts are to be in Switzerland.

Investors cheered the move and the stock was trading 5 percent higher Tuesday in Zurich at 13.80 Swiss francs. That's on top of the 7.3 percent rise on Monday amid speculation over the cuts.

The announcement of the job cuts came as the Zurich-based bank posted a loss of 2.17 billion Swiss francs ($2.31 billion) in the third quarter, in contrast to last year' equivalent net profit of 1.02 billion Swiss francs.

UBS blamed the loss on a 3.1 billion francs charge at the investment bank and an 863 million francs hit linked to an accounting rule on how banks must value their debt.

Banks can post gains if the value of their debt falls, because it would theoretically become cheaper for the bank to repurchase that debt. But the rule also says that when a bank's debt increases, it must take a write-down because it would theoretically have to pay more to buy back its own debt on the open market.

In what it called "a significant acceleration" in its transformation, the bank said it would sharpen its focus on the investment bank and appoint a new executive, Andrea Orcel, formerly of Bank of America Corp., to lead it. The current co-head of the investment bank, Carsten Kengeter, is stepping down from the group's executive board to unwind the non-core assets.

UBS said it also plans to save 3.4 billion francs in additional costs through 2015, but that the reorganization will result in restructuring charges of 3.3 billion francs over the next three years including about a half-billion francs in the fourth quarter.

UBS CEO Sergio Ermotti said the investment unit, which has been hit by a series of costly blunders in recent years, will "continue to be a significant global player in its core businesses."

But tighter industry-wide requirements for banks to increase their capital cushion also have hurt profitability as banks have less cash to invest.

"It can't get better than this point for us to act," he told reporters.

Ermotti, who took over in November after the discovery of unauthorized trading last year, has been downsizing the investment bank to meet stricter capital requirements and shrinking profits due largely to Europe's sovereign debt crisis.

Former UBS trader Kweku Adoboli has been facing trial in London this month on charges of committing fraud that cost the bank $2.3 billion. He has told the jury that the losses came after senior traders persuaded him to change from a bearish to a bullish point of view in July 2011.

But the bank also has been under fire on other fronts. In 2008, it was forced to seek a bailout from the Swiss government when it was hard hit by the financial crisis and its fixed-income unit had more than $50 billion in losses.

UBS is one of several global banks being investigated in the U.S. and other countries for alleged rigging of benchmark interest rates known as Libor, or London Interbank Offered Rate. In April, Ermotti said Switzerland's tax disputes with the United States and some European nations are "an economic war" putting 20,000 jobs at risk.

Switzerland has been trying to shed its image as a tax haven, signing deals with the United States, Germany and Britain to provide greater assistance to foreign tax authorities seeking information on their citizens' accounts in the Alpine nation.

But the tax agreements have drawn fire from Switzerland's nationalist People's Party, which won more than a quarter of the vote in last year's general election, with some lawmakers saying they will try to block the treaties through referendums.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-10-30-EU-Switzerland-Earns-UBS/id-60610a20e8e34b70bc4c00850a4148fb

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How Sandy turned into a superstorm

The combination of a winter-time jet stream, warm tropical air and a full moon is turning Sandy into a huge and complicated storm that has the potential to devastate the Northeast and parts of the Mid-Atlantic. TODAY's Matt Lauer reports.

By Alan Boyle

Hurricane Sandy is posing a monster challenge for weather forecasters and emergency agencies, due to an amazing combination of meteorological factors, but what's just as amazing is how well they've been able to predict what seemed to be an unpredictable disaster.

"It looks like we've been fairly consistent on this, even five days out," Chris Landsea, science and operations officer at the National Hurricane Center in Miami, told me today. "I think when all is said and done, on the track forecast, we're going to be quite accurate."

Sandy's path, which took a left turn from the Atlantic to slam head-on into the heavily populated Northeast, is just one of the unusual aspects of this storm. "The size of this system, the late-season nature, and the track?? all these are fairly unique characteristics," Landsea said. To look for precedents, you have to go back to infamous hurricanes such as Agnes in 1972, Hazel in 1954, even the great storms of 1944, 1938, 1815 and?1804. But today, the region is so much more populous and developed that the impact is certain to be far greater.

---

Here are five factors that have turned Sandy into a superstorm:

Northerly track: Atlantic tropical storms most commonly tear through the Caribbean and the Gulf of Mexico, and lose energy as they pass over the U.S mainland. This storm, however, crept along the Eastern Seaboard, where waters that were warmer than usual for this time of year kept the storm alive. As the storm moved northward, it morphed into a hybrid storm, drawing additional strength from the differential between the storm's warm air and cold northern air from the jet stream.

"There's a transformation that this system is undergoing," Landsea explained. "This is actually evolving into a winter storm, and later, a nor'easter." One result of this evolution is that the storm system has widened to more than 800 miles in diameter, stretching from the Carolinas to Maine and Canada.

NASA / NOAA

NOAA's GOES-13 weather satellite shows the storm system associated with Hurricane Sandy covering the northeastern United States even before landfall on Monday.

The left turn:?Hurricanes that get so far north could drift off into the cold Atlantic to die?? but they can also be pushed into the mainland, as Hurricane Irene was last year. Irene followed a path that was roughly parallel to the coastline, but Sandy took a hard left turn that put it on a course for a direct, perpendicular strike on the coast. That's because a cold front on the mainland is drawing the storm westward, while the current state of a weather pattern known as the North Atlantic Oscillation is blocking the storm from heading eastward.?

Storm surge: Sandy's top sustained winds of 85 miles per hour typically wouldn't rate as a superstorm, but its effects will be magnified, Landsea said. "Even though it's not a 'major' hurricane by any means ... there is substantial threat because of the storm surge and because of the rainfall. There's going to be flooding. Both of those factors are going to be killers," he said. The storm surge is projected to range from 6 to 11 feet. One of the big reasons for such a high surge is that the waters off the coast of New York and New Jersey are so shallow: As the surge from the deeper ocean nears the coastline, all that water piles up to create a higher wave.

Full moon:?Another reason for the huge storm surge is the fact that the moon is hitting its full phase just as Sandy is making landfall. The celestial lineup of the sun, moon and Earth contributes to higher-than-normal high tides.?

Winter storm: Sandy is such a late-season storm that it's running into winter weather in the northeastern United States, which is adding an extra dimension to the misery. "I have not been around long enough to see a hurricane forecast with a snow advisory in it," Craig Fugate, administrator of the Federal Emergency Management Agency, told NBC's TODAY. The storm could trigger up to 3 feet of snow in the Appalachians, the National Weather Service reported. The Weather Channel's Tom Niziol said that "an amazing combination of factors" have come together to make Sandy a threat due to the snow as well as the rain.

Landsea and other forecasters may marvel at the factors behind what some have called a "perfect storm" or "Frankenstorm," and there'll surely be lots of lessons learned for future weather modeling. But that's not what's uppermost on their mind right now. "What's really important are the impacts," Landsea said.

To keep on top of the storm, and to keep safe, keep an eye on NBC News' hurricane coverage:

Correction for 12:25 a.m. ET Oct. 30: The original version of this posting missed the correct spelling of Landsea's name by one letter. I regret the error.

---

Alan Boyle is NBCNews.com's science editor. Connect with the Cosmic Log community by "liking" the log's?Facebook page, following?@b0yle on Twitter?and adding the?Cosmic Log page?to your Google+ presence. To keep up with Cosmic Log as well as NBCNews.com's other stories about science and space, sign up for the Tech & Science newsletter, delivered to your email in-box. You can also check out?"The Case for Pluto,"?my book about the controversial dwarf planet and the search for new worlds.

Source: http://cosmiclog.nbcnews.com/_news/2012/10/29/14779057-how-sandy-turned-into-a-superstorm?lite

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Earn Money Online with Affiliate Marketing | Internet Home Business ...

If you need to create some decent revenue, hunt for a system that truly helps you make sales. Join a system that provides resources to help you present the item and convince your clients. A superb affiliate program should really also present a sort of crash course about efficient sales tactics.

Although working on your present affiliate plan, tend not to be afraid to start laying the groundwork for future endeavors. In your spare time, you may start coding up a new web site, constructing new bridges to new bases, operating on link exchanges with current friends, and a great deal more. Just bear in mind to take factors slowly.

Getting patient is really a very important ability which is quite valuable. Affiliate income is identified to develop steadily over time. Don?t consider you will generate income proper from the get go, or get discouraged when that is definitely not the result. Ensure that you have got referral hyperlinks obtainable to ensure that persons can see your writing far more normally.

For those who program on being profitable with affiliate advertising and marketing, it?s essential to pick a niche that could produce income. When participating in affiliate marketing and advertising, that you are aiming to make cash. Otherwise, you could just produce a private blog about your interests. Thus, you need to perform investigation to ensure that the niche you pick will probably be lucrative for you.

Spot keyword phrases in web site content material. By performing this, the search engines like google will recognize that your site is possibly connected to particular search phrases and rank the internet site accordingly. But take care to complete this naturally; abnormal keyword stuffing appears unnatural and unreadable to some. Just use the keywords and phrases inside a conversational way.

Take into account the tracking computer software that an affiliate business makes use of on their web site. When the tracking application is unreliable, there is certainly a very good chance that you just won?t be credited for purchases which are created. Make sure that they track the telephone, fax, and frequent mail to be confident you happen to be credited for all orders you send their way.

Find out the best way to produce an e-book about your affiliate advertising and marketing item to add worth to your item and create your circle of possible shoppers. It really is simple to generate an e-book, and you can give it to potential consumers in exchange for their names and e mail addresses. Within this way, you are going to create a list of people today that have expressed an interest in your item and will be pleased to hear more about it.

To improve the achievement of your affiliate advertising and marketing, be sure to opt for excellent goods to advertise. Remember, all the recommendations which you make reflect straight back on you. Hence, when you advertise an affordable and excellent product, your buyers or subscribers will trust your tips, thereby boosting your credibility.

Though it?s a undesirable notion for an affiliate to act as if they are completely in enjoy having a product, considering the fact that it turns the possible buyer off, it?s nevertheless wise to link for the company?s pre-sell product pitch. So long as you have got read the pitch and uncover it to be tasteful, authoritative and relevant, you must send your traffic there.

Before signing up for any affiliate plan, see in the event the system features a reputation for what is named ?commission shaving.? Some dishonest affiliates ?shave? commissions, which can be affiliate marketing and advertising jargon for not crediting all sales that have been referred by your affiliate ID. This is an inexact science due to the fact you rely on the company to accurately report this information, but it is doable to note suspicious activity.

In the event you are enthusiastic about generating revenue online with affiliate marketing, check the WS Affiliate Network and receive a totally free copy of our report ?$100 In 7 Days?! and begin earning income online today.

For more information...

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Source: http://homebusinesswinners.com/blog/4811/earn-money-online-with-affiliate-marketing/

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Reliable Real Estate Strategies For Purchasing Jus | Home Town

When selecting a house there are actually issues that you ought to think about. The following advice can help you find out what westview condos for sale things to look for and what items to stay away from while you are purchasing a home. It is essential to know what you will be engaging in while you are purchasing a residence.

Constantly look into the region around a house prior to a purchase. You should consider the crime price in the area, the schools, enough time it will take you to travel to operate, the distance to crucial establishments, and so forth. Regardless of how nice a home is on the inside, the area it is found in has to be suitable for your way of life.

One particular essential tip in relation to real-estate is to discover the past of the region to ascertain if we have seen any natural disasters previously. This may with a little luck help save from property damage or loss in lifestyle together with your residence decision. This generally is actually a strategy to make use of when shifting completely to another and not familiar territory. These kinds of occurrences as surging, wildfires, hurricanes, tornadoes, and earthquakes tend to recurring within the exact same geographic places.

Take the time to investigate the inspector for your possible property. Factors to consider they are accredited, work with a reputable firm and in case probable are having an inspector connection that is low-earnings. Or even, their qualifications might be supplied by a low-reputable business that products them for nothing more than a charge.

Take some time to complete research concerning the region for which you are selling or buying a house. You will discover your local revenue degrees, joblessness charges and populace numbers prior to choosing if this is an excellent place to relocate your household. It will help you become familiar with a excellent tad concerning the local community for which you are relocating.

Be extremely careful about that you give your own personal info to in the residence buying process. While it is normal for lenders to ask for a number of information if they are giving you quotations, you must stay away from providing any business your Sociable Protection quantity until finally you are certain that this is the organization that you will be dealing with.

If you are searching into getting a house to manage a business away from, make sure that the area is zoned for industrial use prior to buying. In case the property is just not zoned appropriately you might struggle to function your company. There are lots of property properties that happen to be zoned for both residential and commercial use.

When thinking about buying a property, don?t just be satisfied with the initial home you can see. Look at several properties. Analysis and locate details and photographs for probable house transactions. Be sure you attend open houses at the same time to obtain an in close proximity view of the home and its amenities.

When figuring out the amount of money to get apart for purchasing a property, you should keep in mind that the deposit is just not the only economic accountability that accompany buying a house. You are going to still have to factor in shutting expenses, realtor costs, house taxation, and relocating costs.

Will not buy a house with somebody else except if you are certain the relationship is dependable. Men and women typically make getting choices based upon interactions they end up inside a massive fiscal bind as soon as the romantic relationship goes to a conclusion, given that they were based on the other individual to help you with the obligations.

Before buying a property, do not relocate your hard earned dollars all around involving diverse accounts. Whenever a loan provider critiques the loan program for authorization, you need to give documentation of exactly where your resources are coming from. You may need to record the build up and withdrawals that you may have lately manufactured. Transferring your hard earned money close to a lot is likely to make the paperwork procedure more advanced.

Study natural disasters in the area. Inquire if the area is at risk of tornadoes, hurricanes, forest fires, flooding, or earthquakes. Many of these situations can cause homeowner?s insurance plan to be really pricey, so you will have to factor individuals expenditures in your finances. This may also on an emotional level effect your decision being aware of what could occur to you or your family members in this location.

If you are searching to get a property, it can be wiser to have a home that you can afford to pay for above one particular you will take into account your ?dream home?. You require to look at what your month-to-month cash flow is able to afford so you may not nibble off a lot more than it is possible to chew as far at the amount of your month-to-month mortgage payment.

When looking for a mortgage, ensure that you check out with over 1 loan provider. Diverse loan providers supply different bonuses and shutting down expense sums can differ also. Your capability to qualify for particular applications could also change by loan provider. Shopping around can help you save many across the lifetime of your loan.

Set goals for which you wish to do and discover what it is going to price. The best way to preserve to get a residence is to accept that you would like a residence and discover what you should set aside to be able to get the aim. Goals lead to motion whenever you established your thoughts to it.

Work with your very own individuals. Don?t share the seller?s representative, inspector or appraiser. Simply because they were chosen through the owner, it?s a clear turmoil useful and aside from, you wouldn?t do your self any mementos as there is a fiduciary tie towards the vendor. Also, don?t mindlessly choose any representative-referred property specialists. You are creating too large of a funds purchase for these kinds of niceties.

Don?t get rid of the negotiation procedure by overdoing it. Discussing is part of the technique of generating provides and countertop gives on the residence you wish to purchase. Nevertheless, trying to ?earn? the negotiation procedure by acquiring a extremely-affordable price typically triggers anyone to lose the house you wish to obtain. If it is a property that you enjoy, discuss wisely, and know when to refer to it as quits.

After looking over this post you have to have received some insight or recalled some good info you may have ignored to make use of when you purchase property. Your main goal would be to get the best decisions feasible so you can be as successful as is possible. So be sure you keep in mind all this information and facts. Reread the content if you have to. There could be something you neglected.

Source: http://theperpetualbeta.com/real-estate/reliable-real-estate-strategies-for-purchasing-jus/

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Dr. Besser's 3 Tips to Ride Hurricane Sandy Out Safely

For those in the path of Hurricane Sandy, the wind, rain, floods and potential blackouts are on the way.

If you are sheltered in place with adequate food, water, batteries and other supplies, you are likely to be well-prepared for the approaching weather threat. However, there are some simple mistakes that many people make that can potentially put their family?s?health in danger.

As former head of emergency response and preparedness for the U.S. Centers for Disease Control and Prevention, ABC News Chief Health and Medical Editor Dr. Richard Besser is familiar with many of these preparedness missteps. Below he offers three simple tips to keep you, your family ? and even your pets ? safe.

Tip #1: In an Outage, Approach Perishable Food With Caution

When the power goes out, that food in the fridge will last only so long. You should throw away any perishable food in there if your power has been off for four hours or more.

Your freezer, if full and left unopened, will keep frozen food safe for 48 hours. You must cut this safe window in half to 24 hours, however, if your freezer is only half full. But keep in mind that this is only if you keep that freezer door shut. Every time you open it, some of the cold air escapes ? effectively speeding up the clock for when your food might spoil.

Beyond these guidelines, exercise common sense. Does your food have an unusual texture, odor or color? Throw it away. This is when the old rule, ?When in doubt, throw it out,? should be in full effect.

To learn more, check out these tips from the CDC.

Tip #2: Use Generators Carefully

In a blackout, many view generators as a lifesaver. But use them improperly, and they can actually put your life in danger.

The reason for this is that generators, as they run, emit a gas known as carbon monoxide. Carbon monoxide is both colorless and odorless ? in other words, it is impossible for us to detect it on our own. Yet, each year carbon monoxide poisoning sends approximately 15,000 Americans to the emergency department and kills nearly 500, according to CDC statistics.

To keep you and those who live with you safe, never use a generator inside your home or garage. This rule applies even if the windows and doors are open. Nor should your generator be located right outside your residence; make sure that it is located 20 or more feet away from your home?s doors and windows. Additionally, make sure that you have carbon monoxide monitors ? battery-powered or with a battery backup ? near every sleeping area in your home.

For more, check out this CDC fact sheet.

Tip #3: Protect Those Less Able to Protect Themselves

In times of disaster, communities usually come together to make sure that everyone makes it through safe. This is a helpful ethic to promote in your own community, and it often saves the lives of those most vulnerable.

If you know or live close to someone who is elderly, has special needs or is homebound, check in on them. Make sure that they, too, have what they need in terms of shelter, food, water and warmth. This is also a good time to check in with institutions where elderly family members or others may be staying. Make sure that you are aware of any emergency measures that are being put into place and understand what is needed of you.

Last but not least, make sure that your pets are safe and secure. Many shelters will not take pets in the event of an emergency, so it is up to you to protect them by checking with your local authorities to find what pet shelters are available.

Source: http://abcnews.go.com/blogs/health/2012/10/28/dr-bessers-3-tips-to-ride-hurricane-sandy-out-safely/

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Navy commander sent home amid investigation

By Lea Sutton, NBCSanDiego.com

SAN DIEGO -- A local Navy commander is returning to his home port in Washington state midway through his deployment following an investigation into undisclosed allegations of inappropriate judgment, Navy officials confirmed.

The commander in question is Rear Adm. Charles Gaouette, commander of the San Diego-based USS Mobile Bay and two North Island-based helicopter squadrons that are deployed with the Stennis Strike Group.

---

The Stennis Strike Group entered the Middle East area of operations less than 10 days ago, but is now left without commanding officer Gauette.

Navy officials said the admiral is being sent home to Bremerton, Wash., pending an investigation, but officials are not saying exactly what the investigation or allegations entail.

However, the Navy said Gaouette is not being formally relieved of command.

Retired Navy Capt. Neal Zerbe ? who served for more than 20 years ? told NBC 7 that this type of move by the Navy is highly unusual.

?The particular commander being relieved, and you know translating that to just moving him back to a continental U.S. base while the investigation continues, is unlike anything I've ever seen before,? said Zerbe.

It's unusual for the Navy to replace a Strike Group Commander mid-deployment and Zerbe said it?s important to note how the Navy?s statement about Gaouette is worded.

"If there are improprieties or if there are bad errors in judgment for something that happened in an operational situation -- you usually see wording to that effect," added Zerbe.

More from NBCSanDiego.com: 5K Honors Slain SDPD Officer

?The Stennis Strike Group deployed in late August and made two port visits on its way to the Middle East. Zerbe said that leadership is important, but he has full confidence the Strike Group will carry out its mission ? no matter what.

"This is at a very senior level. The guys that are delivering the bombs on target and supporting the guys in the field in contact, they're ready to go. They've got no issues; it's transparent at their level," he said.

An admiral who commanded the Abraham Lincoln Strike Group will assume command until the matter regarding Gaouette is resolved. Gaouette's chief of staff will be leading the Strike Group until his arrival.

?

Source: http://usnews.nbcnews.com/_news/2012/10/28/14761384-navy-commander-sent-home-amid-investigation?lite

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Assassin's Creed III gets first review - Gaming Everything

October 28th, 2012 Posted in 360, News, PC, PS3, Wii U Posted By: Valay

The first Assassin?s Creed III review is in, just ahead of the game?s launch tomorrow. Italy?s Xbox 360 Magazine handed down a verdict in its November 2012 issue.

The publication praised the spectacular combat system, total immersion in environments, and visuals. It also said that Assassin?s Creed III features the most beautiful naval battles of all time.

?An absolute masterpiece to which the experience remains indispensable for any fan of video games and beyond, with a depth of gameplay and longevity unparalleled in the action scene, a game that will remain in the annals for a long time.?

Italy?s Xbox 360 Magazine concluded by proclaiming that Assassin?s Creed III is one of the best games of this generation and handed out a perfect 10/10 score.

More Assassin?s Creed reviews can be expected on Tuesday at 9 AM PT / 12 PM ET.

Source: http://gamingeverything.com/31863/assassins-creed-iii-gets-first-review/

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Marissa Mayer Pledges to Take Yahoo Back to Its Roots

Marissa Mayer outlined her plans for Yahoo's future in her first earnings call as CEO of the beleaguered digital media enterprise. The company's third-quarter earnings were better than expected: Earnings-per-share were 35 cents on revenue of $1.09 billion, compared to analysts' estimates of 26 cents per share on revenue of $1.08 billion.

[More from Mashable: Is Yahoo Looking to Scoop Up OpenTable?]

Mayer began the call by talking about recent changes to Yahoo's culture, which has a new commitment to "open dialogue" and "transparency." Employees' quarterly individual goals have been mapped to company goals. They have also been given free phones and free food in an effort to make Yahoo "the absolute best place to work."

Mayer identified Yahoo's "core products" as search, mail, ads, mobile, news and the homepage -- in that order. She emphasized that Yahoo would not change direction dramatically; rather, "[we're] going back to our roots as a consumer Internet company focused on consumer experience," she said.

[More from Mashable: Yahoo Poaches Top Google Exec to be New COO]

"I don?t think there?s a giant pivot... I think this is about improved execution," she added.

Mobile came up repeatedly during the call. "Some point in the future Yahoo will have to be a predominantly mobile company," Mayer acknowledged, adding that Yahoo needed more mobile engineers. She noted that the company recently deployed a redesigned mobile search page across 23 pages, "resulting in increased usage," and that an update to Flickr for Android received "rave reviews."

One analyst asked Mayer whether Yahoo would go after more of the local ad market. "Local ... is very hard to do well," she said, and as the former head of local services at Google, she would know. "I think our local offerings are good at the moment [and] I think it's hard to take that next step to provide even deeper functionality ... [It's] probably not an area where we're going to invest moving forward," she said.

Mayer and new CFO Ken Goldman both suggested that Yahoo's search partnership with Microsoft has been less than satisfactory, but did not elaborate on their plans to address it.

Goldman did not issue fourth-quarter guidance, saying he had not been with the company long enough. (His first day was today.)

Many had expected Mayer to announce some acquisitions -- namely, that of restaurant reservation service OpenTable, and possibly advertising tool PubMatic and mobile ad company Millennial Media. Mayer said Yahoo does not "have particular acquisitions in mind today" and that any future acquisitions would be "less than $100 million."

Image courtesy of Flickr, jolieodell

Get Your Tickets to Mashable Media Summit

The Mashable Media Summit 2012 will explore the impact that technology is having on media, and how digital media is affecting our lives and changing the world. This one-day conference will bring together the brightest minds in media, including content creators, technology leaders, entrepreneurs, social media executives and journalists.

Date: Friday, Nov. 2, 2012

Time: 10:00 a.m. - 5:00 p.m.

Location: The TimesCenter, 242 West 41st Street, New York, NY 10036

Tickets: Purchase early bird tickets on Eventbrite.

A Look Back at Last Year's Mashable Media Summit

Media Summit 2011

The Mashable Media Summit on Nov. 4 at the Times Center in New York City attracted professionals in digital, tech, advertising, sales, marketing, mobile and publishing from all over the world.

Click here to view this gallery.

Supporting Sponsor

Sponsorship Opportunities

A limited number of sponsor opportunities are available for the Mashable Media Summit. This is an excellent opportunity to get in front of Mashable?s passionate and influential audience. Contact sponsorships@mashable.com for opportunities.

This story originally published on Mashable here.

Source: http://news.yahoo.com/marissa-mayer-pledges-yahoo-back-roots-184356880.html

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Armstrong Stripped Of Tour de France Titles, Told He "Has No Place In Cycling?

Source: http://www.getoutdoors.com/goblog/index.php?/archives/4555-Armstrong-Stripped-Of-Tour-de-France-Titles,-Told-He-Has-No-Place-In-Cycling.html

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'Innocence Of Muslims' Protests: $200,000 Bounty Offered In ...

PESHAWAR, Pakistan -- A former Pakistani legislator has offered a $200,000 bounty for anyone who kills the maker of an anti-Islam film that has angered Muslims around the world.

Ikramullah Shahid made the offer at a rally Monday in the northwestern city of Peshawar, before a crowd of about 15,000 people.

The rally was led by the Difa-e-Pakistan Council, an umbrella group of radical Islamic and militant groups. Shahid is a member of the group.

This is the second such offer made by someone in Pakistan. A federal cabinet minister earlier offered $100,000 for the man behind the U.S.-made film that portrays Islam's Prophet Muhammad as a fraud, womanizer and child molester.

Outraged Muslims have rallied against the film. At least 23 people have died in protests in Pakistan against the film.

Earlier on HuffPost:

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Source: http://www.huffingtonpost.com/2012/10/01/innocence-of-muslims-filmmaker-bounty_n_1928565.html

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