Business is good over at FB HQ with the tech announcing they had a 52% jump in revenue last quarter netting $5.1 billion in ad revenue and video closing the year with 1.59 billion monthly active users. Mobile ads accounted for 80% of its total ad revenue and Instagram is “poised to become a material contributor to revenue in 2016.” Mark has some money now to add more black sweatshirts and grey tees, Facebook is also rolling out a new feature, reactions, akin to the LIKE button.
SNIPPETS
• Two men, Peter Omar Garcia-Romero and Jose Guadencio Lantan-Vela, Guatemalan natives were arrested Tuesday in New York after police found 100 pounds of heroin worth around $14M in their silver pickup and monster truck with massive tires. It’s one of the biggest heroin seizes ever in NYC area…
• Melodie Gliniewicz, the widow of Lt. Charles Joseph Gliniewicz who committed suicide, has been indicted on felony money laundering and misuse of charitable funds by a grand jury. In September Gliniewicz killed himself and staged his death to look like a murder as it became clear his alleged crimes would come to light. More than $10,000 was misspent from accounts that were supposed to support the now-defunct Police Explorers chapter Lt. Gliniewicz led…
• Celebrated startup founder of Theranos, the blood testing company, Elizabeth Holmes is once again on the defense of her company after federal regulators from Centers for Medicare and Medicaid Services found a lab run by Theranos posed a threat to patient safety that had to be corrected immediately…
•Will he or won’t he? FOX News is pulling out all its pleading ammos to get Donald Trump to show up for tonight’s GOP debate, but he’s skipping it due to his feud with FOX anchor and debate host Megyn Kelly, he’s not coming he said instead hosting a fundraiser for veterans at the same time. This decision may not sit well with some of his supporters and on the fencers that sees his act as cowardly. Meanwhile Jeb Bush’s taste for the good things may have helped him blow through his campaign warchest.
ENTERTAINMENT
Tyra Banks and boyfriend Erik Asla welcomed a baby boy, York Banks Asla, via a surrogate which she told People magazine…In between trying to close a deal and getting your boss the report, the twittersphere lit up yesterday afternoon when Kanye West got on his petty high horse to try and ether* rapper Wiz Khalifa over what he thought was a diss to his wife, KK, then Kanye’s former GF and ex wife of Wiz Amber Rose got in the fray with the clapback of the week and it was game over…
FASHION
Maureen Chiquet is out as Chanel’s Global CEO reason being “due to differences of opinion about the strategic direction of the company” and Alain Wertheimer, chairman of the board, whose family controls the label, will take over.
*Ether=to humiliate or diss someone verbally
“The high-minded man must care more for the truth than for what people think.” ― Aristotle
LOOK OF THE DAY
Kelly Rowland
