The Mobile Gold Rush

by Charles Hugh-Smith

Here’s the basic mobile gold rush model: poach advert spending in a stagnant economy.

The mobile gold rush of Web 2.0 continues to attract thousands of techie fortune seekers to San Francisco. It’s an old story, and a compelling one: there’s gold in them thar hills, and I’m a-gonna git me some. The only thing that changes is the nature of the gold.

The dot-com boom of the late 1990s created [...]

BREAKING: Bright fireball reported in skies over San Francisco Bay Area – VIDEO

Did you see it?

On a day that had a lot of people talking about meteorites and asteroids, a fireball of some sort was seen streaking across the Bay Area skies.

The fireball was seen around 7:45 p.m.

There were reports into the newsroom from people as far north as Fairfield and as far south as Gilroy. It was also seen in Sacramento, Newark, Walnut Creek, and St. Helena.

http://www.nbcbayarea.com/news/local/Fireball-Streaks-Across-Bay-Area-Sky-191503601.html

Bright [...]

FBI: Man attempted to bomb bank, trying to set off US civil war

“The FBI, ending a sting, says it has arrested a California man after he tried to set off what he thought was a car bomb at a bank in Oakland.

Matthew Aaron Llaneza, 28, of San Jose, was arrested Friday morning, capping a months-long undercover investigation, the Justice Department said. Agents say he met last November with someone he thought was connected with the Taliban but who was actually an FBI [...]

Nationwide, the average rate charged for a private room in a nursing home is $248 a day, or $90,520 a year

from MarketWatch:

Where you live matters. Nationwide, the average rate charged for a private room in a nursing home is $248 a day, or $90,520 a year. But there’s a wide geographic range, with costs running parallel the broader cost of living in each state. That room costs $406 a day in ritzy Connecticut (and a bonkers-high $687 a day in Alaska, though I suspect that’s a matter of a small sample [...]

Rain with 20,000,000 particles of radioactive iodine-131 per liter fell on US during post-Fukushima peak (VIDEO)

According to the presentation below by Simon Fraser University’s Kris Starosta, a rainwater sample measured in the Vancouver area had levels of radioactive iodine-131 at 10 becquerels/liter [Bq/l], which corresponds to 10^7 particles of I-131 per liter of water [10^7 = 10,000,000].

The post-Fukushima peak for I-131 in the U.S. appears to have been in the San Francisco Bay Area, where levels reached 19.85 Bq/l.

An I-131 level of 19.85 Bq/l detected [...]

Dentist, receptionist, marketing executive and food blogger… meet the OTHER Zuckerbergs: How Facebook billionaire’s parents and sisters refuse to give up work

With a fortune of $17.5billion in their family they could easily afford to retire.

But rather than take the easy way out Mark Zuckerberg’s mother and father are still running the same dental business they did before Facebook was founded.

Every weekday Ed Zuckerberg sees patients in the treatment room of his $600,000 home in Dobbs Ferry, New York, whilst wife Donna runs the office.

Committed: Ed Zuckerberg (front left) has no plans [...]

Why 20% of U.S. adults still don’t use the Internet:

Editor’s note: Amy Gahran writes about mobile tech for CNN.com. She is a San Francisco Bay Area writer and media consultant whose blog, Contentious.com, explores how people communicate in the online age.

(CNN) – Even though the Internet has become a key tool for accessing services, getting an education, finding jobs, getting the news, keeping up with people you know and much more, one in five U.S. adults still does not use the Internet [...]

California Cities Scramble to Avert Insolvency

When the city of Stockton, Calif., announced last month it would skip some bond payments and enter talks with its creditors, the municipal debt world shuddered.

If Stockton were to file for bankruptcy protection, it would be the largest U.S. city ever to do so. Other troubled Californian municipalities might be tempted to follow suit. Predictions of mass defaults on municipal bondsmight start to look a little more realistic.

But a close [...]

DEVELOPING: FAA spokesman says small plane, helicopter collide in San Francisco Bay Area; no word on injuries – AP

Feds Order Sperm Donor Dad to Stop After Fathering 14 Kids

Yahoo! News
December 21, 2011

SAN FRANCISCO – A man from the San Francisco Bay area has fathered 14 children in the last five years through free sperm donations to women he meets through his website — and is now in trouble with the federal government.

The case of Trent Arsenault of Fremont has drawn attention to the practice of informal sperm donation, which physicians and bioethicists call unsafe but some people say is a civil [...]

David Rosenberg: “I wonder whether we’ll say 2008 wasn’t the real crisis — it was a warm-up, but the real crisis was the sovereign debt crisis in Europe…”

Instead of tackling any specific and highly volatile high frequency macroeconomic data points today (which will most likely be diametrically inverted in the next update iteration), today David Rosenberg focuses on sundry items and flights of fancy that are worth noting, such as that “the S&P 500 has recorded 62 consecutive days in which it has swung by 1% or more in intraday trading. The Dow has also closed 1% [...]

Desperate people do desperate things, and this economy has created a lot of desperate people.

Has anyone else noticed that there seems to be a substantial increase in the number of really unusual crimes around the United States lately?  As the economy continues to go downhill, it seems like crooks and thieves are becoming bolder and bolder.  Previously, I have written about how thieves are taking off with anything that is not bolted down these days.  Well, now they are [...]

IRS Hits Pot Shop With $2.4 Million Tax Bill

SAN FRANCISCO (AP) – The federal government has found a new weapon in its war on marijuana — the tax man.

A San Francisco Bay area medical marijuana dispensary that promotes itself as the world’s largest has been hit with a $2.4 million tax bill following an audit by the Internal Revenue Service, the dispensary founder said Tuesday.

The back taxes, penalties and interest levied against Harborside [...]

Rumor: Apple will release Lion on July 6th

This is the first major OS to be delivered exclusively by download. No boxed DVD. Hopefully those interested have a high speed connection:

We’ve just received word from our source in the San Francisco Bay Area that Apple is planning to release Mac OS X 10.7 Lion on Wednesday, July 6th at 9:00 am Pacific Time.

One particular item of interest about this news is that with OS X [...]

REPORT: NYT, WASHPOST employ illegal alien as reporter

One August morning nearly two decades ago, my mother woke me and put me in a cab. She handed me a jacket. “Baka malamig doon” were among the few words she said. (“It might be cold there.”) When I arrived at the Philippines’ Ninoy Aquino International Airport with her, my aunt and a family friend, I was introduced to a man I’d never seen. They told [...]

Eric Schmidt admits he ‘screwed up’ over Facebook’s networking power

Speaking at the D: All Things Digital Conference in California on Tuesday, Mr Schmidt acknowledged that he and other executives failed to take Facebook seriously four years ago when the social networking site had around 20m active users.

Today, with more than 500 million users and growing, Facebook has become a magnet for online advertising, and continues to stunt [...]

Geologist: Alarming magnetic field changes signal major quake for West Coast

If it happens, you heard it here first. Not to get your panties in a bunch over it as there’s nothing you can do about it but it’s not out of the question. Talks about animal behavior and mass fish kills. A Must Read.

“A former United States Geological Survey scientist says a major quake on the West Coast is imminent.

Jim Berkland predicts earthquakes…accurately.

Never heard of him? Perhaps [...]

Unusual Snow Followed by Record Lows.

by Chris Dolce, Meteorologist

After bringing snow to the Pacific Northwest Wednesday into Thursday, a very cold storm originating from Alaska will continue southward along the coast of California.

The image to the right shows this low-pressure system moving from California into the Southwest through Saturday, bringing snow to unusual places along its path.

Snow fell in parts of the San Francisco Bay Area for the first time in [...]