Dear all, Wish you and your family a very happy diwali

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Monica Lewinsky debuts on Twitter

Former White House intern Monica Lewinsky, who had an affair with then president Bill Clinton in 1998, has debuted on the Twitter social network just before speaking at Forbes magazine’s Under-30 Summit about harassment and bullying on the Internet.

“Social activist. Public speaker. Contributor to Vanity Fair. Knitter of things without sleeves,” says the profile of the one-time White House intern, who said she felt “excited (and nervous)” before the conference Monday.

“Exciting”, “brave” and “sincere” were some of the adjectives used by the more than 12,100 people who now follow Lewinsky on Twitter.

#gratitude #overwhelmed #thankyou

— Monica Lewinsky (@MonicaLewinsky) October 21, 2014

Her first post, “#HereWeGo”, received some l,300 tweets before she gave her talk at the conference, with 576 people marking it as a favourite.

The Forbes seminar seeks to bring together in Philadelphia more than 1,000 young entrepreneurs from around the world to exchange ideas.

“What does it really feel like to watch yourself -or your name and likeness – be ripped apart online?” Lewinsky asked at the summit, where she spoke about sexism and cyberbullying, and confessed that the idea of suicide crossed her mind when her affair with then President Bill Clinton went viral.

Lewinsky, after several years of depression, decided to try and make something out of her unwanted publicity and launched a line of purses under her name and appeared on several TV shows.

But then in 2005 she left the US to study in England at the prestigious London School of Economics, where she graduated in Social Psychology, and since then has tried to rebuild her life as far from the media as possible.

TH

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Size matters! New big-screen iPhones help propel Apple’s profit

New big-screen iPhones helped propel Apple’s profit and revenue in the last quarter, as the California tech giant smashed earnings expectations. The company reported on Monday that profit rose 13% to $8.5 billion, as revenues jumped to $42.1 billion in the fiscal fourth quarter ending September 27.

Apple said it sold more than 39 million iPhones in the quarter, boosted by last month’s launch of the large-screen iPhone 6 and 6 Plus, which hit some markets on September 19. That compared with 33.8 million in the same period a year ago.

The iPhone accounted for more than $23 billion in revenue, over half of Apple’s overall earnings for the quarter.

Sales of iPads — which may have been lower ahead of the October launch of new models — fell from a year earlier to 12.3 million, producing some $5.3 billion in revenues.

“I view it as a speed bump, not a huge issue,” Apple chief executive Tim Cook said of the decline in iPad sales during a conference call with analysts.

“I know there is a popular view the (tablet) market is saturated, we don’t see that.”

As appetites for tablet have diminished, Apple’s market share has slipped to 25%, compared to 70% for the rival Android platform, according to Strategy Analytics.

People are holding onto iPads longer than they do iPhones, and Apple is still researching when consumers typically upgrade to new tablets, according to Cook.

He saw some promising developments for iPad sales, including a recent alliance with IBM to improve tablet capabilities for businesses.

“I am very bullish on where we can take iPad over time,” Cook said.

‘Blow-away quarter’

Apple sold 5.5 million Mac computers and 2.6 million iPods in the quarter.

Growing Mac sales came as the overall personal computer market shrank.

“On the Mac, it was just an absolutely blow-away quarter,” Cook said. “The back-to-school season voted, and the Mac won.”

The financial results were the best ever for a September quarter, and the fiscal year that just ended “was one for the record books,” Cook said earlier in a statement.

Apple, the world’s biggest firm by market value, closed its fiscal year with a profit of $39.5 billion on revenues of nearly $183 billion.

Trip Chowdhry at Global Equities Research said Apple’s quarterly report “handsomely beats (expectations) on both top line and bottom line.

“These results validate our investment thesis Apple is a multi-year, multi-product, multi-service and multi-geography growth company.”

Apple shares rose 1.47% to $101.23 in after-hours trading following the results.

“Apple continues to hit it out of the park,” independent analyst Jeff Kagan said.

“Apple was showing strong growth, year after year, until a couple years ago. That’s when they fell and that lasted for a while. However, Apple now appears to be back.”

The rise of the ‘phablet’

Amit Daryanani at RBC Capital Markets said Apple’s guidance for the key upcoming holiday season was also ahead of most predictions.

Apple forecast revenue between $63.5 billion and $66.5 billion and gross profit margins between 37.5% and 38.5%.

“The big upside driver in the quarter was iPhone units,” Daryanani said, adding that Apple’s forecast “leaves plenty for upside surprises.”

Apple last month increased the screen size for its new iPhones, yielding to consumer preference and following a trend started by rivals, including Samsung.

The iPhone 6 Plus is Apple’s first product in the growing market for “phablet” phones, which are increasingly replacing tablets.

Apple’s smartphone market share is strong in the United States but globally was less than 12% in the second quarter, before the latest launch, according to research firm IDC.

iPhone sales climbed in China despite the new models not being released there until last week, and sales of Mac computers soared even though the overall market for personal computers there contracted, according to Apple.

“It is just an incredible market where people want the latest technology,” Cook said of China, adding that the California company is investing heavily there.

HT

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Presidential poll in January; can’t reveal date – Keheliya

The Presidential Election will be held within the month of January next year, confirmed Cabinet Spokesman and Minister of Mass Media and Information Keheliya Rambukwella.

The minister stated that although he knew the exact date of the polls, he could not confirm it at the moment. He, however, assured that the exact date of the election will be announced very soon.

Speaking during a ceremony to commence several development projects in the Kundasale Electorate in Kandy last evening, Rambukwella stated that every person in the country should put aside their differences and work for President Mahinda Rajapaksa’s victory at the election.

He said that it is important that Rajapaksa win the Presidential poll for a third term in order to protect the hard-fought peace, develop the country as well as to bring honour to Sri Lanka.

Rambukwella further said that the Budget proposal for the year 2015 will be presented to the Parliament on October 24.

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President Mahinda Rajapaksa to receive India’s highest honour

New Delhi: BJP leader Subramanian Swamy has urged Prime Minister Narendra Modi that his government confer Bharat Ratna on Sri Lankan President Mahinda Rajapaksa under whose leadership the LTTE was eliminated.

“This elimination of the LTTE must be recognised in India as a welcome contribution to our national security, he said in a letter to Modi.

The prime minister has acknowledged receipt of Swamy’s letter.

ZN

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