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By Donald Lambro
Growth spikes are little more than trend-free anomalies
Independent voices from the The Washington Times Communities
Topic - Peter Thiel
It's not hard to see that the $490 billion higher-education industry is failing America. One study showed that only 45 percent of students demonstrate any cognitive gains by the middle of their sophomore year. Only about 50 percent of students enrolling in a four-year college graduate within six years.
Facebook Inc. reported fourth-quarter earnings that exceeded expectations and said the percentage of advertising revenue generated from mobile apps is growing. The company's stock has been rising in recent months, though it still hasn't hit its initial public offering price of $38.
Utopian communities: They're not just for hippies anymore.
A silver lining for Republicans in the recent election is the opportunity to rethink some basic policy positions.
Major investors of public companies are required to disclose when they buy and sell stock. A few have done so for Facebook Inc., according to filings with the Securities and Exchange Commission:
Yelp's early backers apparently still have a high opinion of the online business review service, much to Wall Street's relief, after insiders at several other Internet companies dumped some of their shares at the first opportunity.
This past week, there were two stock market topics that were widely discussed. One was company-specific to a degree, but the action that made the topic fodder among the investment community, talking heads and pundits was one that bears watching no matter what company you may be invested in. The other is far more reaching in terms of the overall market mentality and has many speculating that hopium is fueling the stock market near term. For those wondering what hopium is, it's the combination of hope and opium and is used to convey the addictive nature of hoping that something may happen.
Major investors of public companies are required to disclose when they buy and sell stock. A few have done so for Facebook Inc. in recent days, according to filings with the Securities and Exchange Commission:
Facebook's battered stock closed lower Tuesday, erasing some of the gains it saw a day earlier.
Peter Thiel, one of Facebook's earliest investors and a member of its board, was among the insiders selling stock in the social network after a lockup expired last week.
In an Aug. 14 story about Facebook's stock, The Associated Press reported erroneously that LinkedIn co-founder Reid Hoffman is a member of Facebook's board of directors. Hoffman has been an investor in Facebook since 2004 and is eligible to sell shares but is not on Facebook's board.
Facebook's stock plunged to a new low Thursday as some of the social networking leader's early backers got their first chance to sell their shares since the company's initial public offering went awry.
Facebook's stock plunged to a new low Thursday after the expiration of a ban that had prevented some early investors and insiders from dumping millions of additional shares they own in the social-networking leader.
Facebook Inc. sold 180 million of its shares in its initial public stock offering in May. Another 241.2 million came from existing stockholders, including the company's earliest investors and CEO Mark Zuckerberg. Except for Zuckerberg, those stockholders were eligible to sell additional shares _ up at 271 million combined _ starting Thursday.
Facebook's early investors and a handful of directors will become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored process for public companies, one that will give many Facebook employees the same right to sell their shares this fall.
But he said he hopes most workers will stay and "double down" on Facebook's future.
PayPal co-founder and venture capitalist Peter Thiel already has pledged $1.25 million to the Seasteading Institute, a group that plans to establish sovereign, libertarian-minded nations on giant mobile platforms floating in international waters, a kind of "Octopus' Garden" for the Gone Galt set.