Facebook CEO Mark Zuckerberg donating $500 million in stock to Silicon Valley charity






SAN FRANCISCO – Facebook CEO Mark Zuckerberg said Tuesday he is donating nearly $ 500 million in stock to a Silicon Valley charity with the aim of funding health and education issues.


Zuckerberg donated 18 million Facebook shares, valued at $ 498.8 million based on their Tuesday closing price. The beneficiary is the Silicon Valley Community Foundation, a non-profit that works with donors to allocate their gifts.






This is Zuckerberg’s largest donation to date. He pledged $ 100 million in Facebook stock to Newark, New Jersey, public schools in 2010, before his company went public earlier this year. Later in 2010, he joined Giving Pledge, an effort led by Microsoft Corp. founder Bill Gates and Berkshire Hathaway Inc. CEO Warren Buffett to get the country’s richest people to donate most of their wealth. His wife, Priscilla Chan, joined with him.


In a Facebook post Tuesday, Zuckerberg, 28, said he’s “proud of the work” done by the foundation that his Newark donation launched, called Startup: Education, which has helped open charter schools, high schools and others.


With the latest contribution, he added, “we will look for areas in education and health to focus on next.” He did not give further details on what plans there may be for funds.


“Mark’s generous gift will change lives and inspire others in Silicon Valley and around the globe to give back and make the world a better place,” said Emmett D. Carson, CEO of the foundation.


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“The Office” head Greg Daniels sells tennis comedy to Fox






LOS ANGELES (TheWrap.com) – “The Office” might be preparing to close up shop, but the series’ creator is most definitely still open for business.


Greg Daniels, who birthed the American version of “The Office” – which is preparing to wrap up its run at the end of this season – has sold a half-hour comedy to Fox via Universal Television and his own Deedle-Dee Productions.






The project was sold through Daniels by Tom Gormican (“Are We Officially Dating?”) and Richie Keen (“It’s Always Sunny in Philadelphia”), who are also writing.


The as-yet-untitled project will revolve around Richie, a so-so tennis pro who returns to his college town to get a fresh start on life. There, Richie finds himself torn between living the carefree life with his bar-owning brother and growing up to pursue Kristen, the love of his life.


Daniels will executive-produce the project via his Deedle-Dee Production, along with Gormican and Keen.


Deedle-Dee’s Howard Klein and Tracy Katsky are also executive-producing, along with Oly Obst.


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Home HIV Test — No ‘Live’ Counselor






Dan Nainan had never heard of a home test for HIV until a prospective girlfriend insisted that he take one. Apparently, she didn’t trust him.


“I’m not some sleaze bag, but she’s really suspicious,” said Nainan, 31, who works as a comedian. “I’m like, ‘Come on, you’re kidding me.’”






The test became a sticking point in their budding relationship. “I didn’t feel I had anything to be worried about,” Nainan said, “but she didn’t want to proceed.”


He finally gave in and took the test his girlfriend foisted on him, certain he’d test negative. He swabbed his gums — the test works on saliva — put the test swab in a test tube and waited as his girlfriend grilled him about his sexual history.


“It was a bit uncomfortable,” Nainan said.


Ten tense minutes passed as he watched a deep-pink line appear slowly in a tiny window on the testing device. He prayed it wouldn’t be joined by a second line signaling a positive result, and wondered what he’d do if it did emerge.


“I felt like I was taking a pregnancy test,” Nainan said.


Do-it-yourself home testing for HIV, the virus that causes AIDS, has arrived.


The OraQuick In-Home HIV Test — the only one approved for over-the-counter use by the Food and Drug Administration that captures testing and results in one sitting — hit drug-store shelves two months ago. An earlier HIV home test — called Home Access — required a user to prick a finger with a spring-loaded lancet, collect a drop of blood on a test card, mail it to a lab and call in a week for the results.


“This was actually quite easy and painless,” Nainan said of the OraQuick test. “It’s so much better than what you used to have to do.”


Aimed at those who might have avoided getting tested in the past either out of, fear, stigma, worries over confidentiality or inconvenience, the new home test has been hailed as a breakthrough.


“It’s hard not to be fully enthusiastic about the test,” said Dr. Myron Cohen, director of the Institute for Global Health and Infectious Diseases at the University of North Carolina at Chapel Hill. “Everything we do to increase testing has to have some degree of benefit. By identifying and treating people early, we preserve normal life span and excellent health and reduce contagion.”


But the new home test, which sells for about $ 40 and can also be bought online, has generated its share of hand-wringing, too.


“We generally like this thing,” said Dan Tietz, executive director of the research and advocacy group AIDS Community Research Initiative of America, or ACRIA. “It decreases some of the barriers to testing. It kind of puts HIV in front of people, but there’s a bunch of cautions.”


For one, there’s what Tietz called the “freaking out by themselves problem” — for the first time, there’s no live counselor present — not even a voice over the phone — to deliver the results, offer support and make referrals.


Nainan tested negative for HIV, as he expected he would. Despite some sweat as he waited out the 20 minutes staring at the test window, “I really wasn’t nervous,” he said.


But for home-testers less certain of their HIV status, or who receive an unexpected result, the do-it-yourself route could be overwhelming, Tietz said. “I think about a young person with very little experience with the health care system who might pick up this test,” he added.


Tony Martinez, 40, who works in New York’s fashion district, took the home test as an “experiment.” “If I didn’t know I wasn’t HIV positive, the test would be a different ballgame. I put myself back many years ago when I went to a clinic and took the test and was terrified. [The home test] was a lot of steps. I don’t think I would have followed the directions in that [terrified] state. Am I really going to read the manual “What Your Results Mean” if the test is positive? It’s like asking someone to read a drivers’ ed manual after an accident.”


In lieu of an in-person counselor, OraSure Technologies, which makes the OraQuick test that the FDA approved in July — has set up a toll-free 24/7 customer support center with bilingual reps (English-Spanish). They’re not certified counselors but have been trained to answer questions about HIV/AIDS, explain how the test works and what the results mean. They can also hook up callers to counseling and care, using the CDC National Prevention Information Network and the HIV Medicine Association, and can also transfer callers directly to a health care professional or agency, said Ron Ticho, senior vice president for corporate communications at OraSure.


“Our representatives go through more than 160 hours of training,” Ticho said. Test kits come with instructions, warnings and precautions. Home-testers can find the same test information on OraSure’s website, along with the same referral databases the call center uses.


But handing concerns about HIV over to a toll-free number has raised questions.


Much is made of the fact that without a counselor present, even with warnings on the box and inserts and brochures written for a seventh- to eighth-grade reading level, home-testers might not understand that, as with all HIV tests, regardless of the testing method, a positive result is preliminary and needs to be confirmed by a more specific test given at an HIV test site.


This is especially worrying with the home test because although the OraQuick test is the same rapid test that medical professionals have used at testing sites since 2004, it loses some of its accuracy in the hands of consumers: The percentage of results that will be accurately positive drops from 99.3 at a testing site to 92.9 when do-it yourselvers test themselves at home: This means that about one person in 12 could get a false negative.


Another stumbling block is the “window period” — the time it takes, usually 12 weeks, for the body to develop the antibodies the test detects after exposure to HIV, giving some people a “false sense of safety” that they’re HIV negative when they are in fact HIV positive and at their most contagious.


“That’s always a huge, really important piece of counseling,” said Barbara Adler, manager of HIV counseling and testing at the AIDS Alliance Project at the University of California at San Francisco, where the first HIV test was given 27 years ago.


But, Adler said, sometimes people who received a preliminary positive result didn’t return for the results from the confirming test.


“So I don’t know if sitting with another human being when they’re getting a result is going to help that. I think the person who wants the physical presence of someone else probably won’t do the home test.


“There’s reasons, though, for wanting to test alone in your home. While the stigma is not like it was 30 years ago,” Adler said, “it’s still there and can be heavy. It’s a disease around sex, or around needle use. Who wants to talk about those things? It’s not like we’re talking about cholesterol, or something you got because you ate certain foods or got too much sun.”


OraSure emphasizes that its HIV home test is simply an additional option to the testing already available — which often comes free — at public health clinics, community service organizations and doctors’ offices.


“We know that there’s a lot of individuals who should be getting tested but aren’t, and this is another opportunity for them to do so,” OraSure’s Ticho said. “Is it the right option for everyone? Probably not.”


Nevertheless, with an HIV diagnosis no longer sounding a death knell, it could be a test whose time has come.


“The tide has really turned on HIV testing,” said Dr. Rochelle Walensky, co-director of the Medical Practice Evaluation Center and an AIDS researcher at Massachusetts General Hospital in Boston.


“It’s a lot more streamlined, and there’s not a lot of counseling required now. Treatment is available, and there’s a lot of literature that says that life expectancy is up to near normal if people engage in care early and take care of themselves.


“There are cancers, and many, many other diseases that have far worse outcomes than HIV that people deal with on their own without a lot of counseling.”


Of the 1.2 million Americans living with HIV in the United States, the Centers for Disease Control and Prevention estimates that 20 percent don’t even know that they’re infected and account for more than half of the 50,000 new infections a year in the United States.


Whether people most at risk — African-American gay-bisexual men, especially those between the ages of 13 and 24, according to the CDC — will have the money and motivation to go to the drug store and pay $ 40 for the home test is another question, Walensky said.


Even if they have the $ 40 to spend on an HIV home test, many won’t be able to buy it anyway, because the OraQuick home test cannot be sold to anyone younger than 17, and requires ID.


“Any availability of any test anywhere is a good thing,” Walensky said. “Whether this is going to be an epidemic game-changer is where I have to opt out.”


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TSX may open higher on “fiscal cliff” hopes






(Reuters) – Toronto’s main stock index looked set to open higher on Tuesday, tracking global markets, fueled by expectation that U.S. lawmakers might reach an agreement to avoid looming tax increases and spending cuts that threaten to hurt the world’s biggest economy.


TOP STORIES






* The differences over how to resolve the “fiscal cliff” narrowed significantly Monday night as President Barack Obama made a counter-offer to Republicans that included a major change in position on tax hikes for the wealthy, according to a source familiar with the talks.


* Knight Capital Group’s board was split between two competing offers for the firm after a meeting on Monday where suitors Getco Holding Company LLC and Virtu Financial LLC presented their sweetened bids to Knight’s directors, sources involved in the talks said.


* British inflation defied forecasts in November to hold at its highest rate since May, reducing the scope for the Bank of England to inject more cash into the struggling economy.


* Germany’s government is considering cutting its forecast for growth in Europe’s largest economy next year from its current estimate of 1 percent due to a weak half year over the winter, Deputy Economy Minister Bernhard Heitzer told Reuters.


MARKET SNAPSHOT


* Canada stock futures traded up 0.26 percent


* U.S. stock futures,, were up around 0.40 percent <.n></.n>


* European shares <.fteu3>, <.stoxx> were up <.eu></.eu></.stoxx></.fteu3>


COMMODITY PRICE MOVES


* Thomson Reuters-Jefferies CRB Index <.trjcrbtr>: 295.92; was up 0.13 percent</.trjcrbtr>


* Gold Futures: $ 1,699.3; up 0.06 percent


* US Crude: $ 87.70; up 0.54 percent


* Brent Crude: $ 108.23; up 0.55 percent


* LME 3-month Copper: $ 8,028.25; fell -0.43 percent


ANALYST RECOMMENDATIONS


Following is a summary of research actions on Canadian companies reported by Reuters.


* AuRico Gold Inc. : BMO resumes coverage with market perform rating, raises price target to C$ 9.50 from C$ 9, after the company completed the sale of its Ocampo project and announced a share buyback program


* First Majestic Silver : Raymond James cuts target price to C$ 26 from C$ 26.75 after the company said it would acquire Orko Silver Corp in a share and cash deal worth C$ 345 million


* Kirkland Lake Gold Inc. : CIBC cuts target to C$ 9 from C$ 15 citing the challenges at the company’s Macassa operations and its greater-than-expected outlook cuts


* Primero Mining Corp.


: RBC cuts target to $ 8.50 from $ 9 after the company said it would acquire Cerro Resources, giving it an element of growth in 2015


* Sun Life Financial Inc. : Canaccord Genuity cuts to sell rating on valuation while CIBC ups target to C$ 26 from C$ 25 after the company said it would sell its U.S. annuities business for $ 1.35 billion


ON THE CALENDAR


* No Major Canadian economic data scheduled for release


* Major U.S. events and data includes Redbook, NAHB index and SEMI book/bill


(Reporting by Kishan Nair)


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Syrian rebels take control of Damascus Palestinian camp






BEIRUT (Reuters) – Syrian rebels took full control of the Yarmouk Palestinian refugee camp on Monday after fighting raged for days in the district on the southern edge of President Bashar al-Assad‘s Damascus powerbase, rebel and Palestinian sources said.


The battle had pitted rebels, backed by some Palestinians, against Palestinian fighters of the pro-Assad Popular Front for the Liberation of Palestine-General Command (PFLP-GC). Many PFLP-GC fighters defected to the rebel side and their leader Ahmed Jibril left the camp two days ago, rebel sources said.






“All of the camp is under the control of the (rebel) Free Syrian Army,” said a Palestinian activist in Yarmouk. He said clashes had stopped and the remaining PFLP fighters retreated to join Assad‘s forces massed on the northern edge of the camp.


The battle in Yarmouk is one of a series of conflicts on the southern fringes of Assad’s capital, as rebels try to choke the power of the 47-year-old leader after a 21-month-old uprising in which 40,000 people have been killed.


Government forces have used jets and artillery to try to dislodge the fighters but the violence has crept into the heart of the city and activists say rebels overran three army stations in a new offensive in the central province of Hama on Monday.


On the border with Lebanon, hundreds of Palestinian families fled across the frontier following the weekend violence in Yarmouk, a Reuters witness said.


Syria hosts half a million Palestinian refugees, most living in Yarmouk, descendants of those admitted after the creation of Israel in 1948, and has always cast itself as a champion of the Palestinian struggle, sponsoring several guerrilla factions.


Both Assad’s government and the mainly Sunni Muslim Syrian rebels have enlisted and armed divided Palestinian factions as the uprising has developed into a civil war.


“NEITHER SIDE CAN WIN”


Syrian Vice President Farouq al-Sharaa said in a newspaper interview published on Monday that neither Assad’s forces nor rebels seeking to overthrow him can win the war.


Sharaa, a Sunni Muslim in a power structure dominated by Assad’s Alawite minority, has rarely been seen since the revolt erupted in March 2011 and is not part of the president’s inner circle directing the fight against Sunni rebels. But he is the most prominent figure to say in public that Assad will not win.


Sharaa said the situation in Syria was deteriorating and a “historic settlement” was needed to end the conflict, involving regional powers and the U.N. Security Council and the formation of a national unity government “with broad powers”.


“With every passing day the political and military solutions are becoming more distant. We should be in a position defending the existence of Syria. We are not in a battle for an individual or a regime,” Sharaa was quoted as telling Al-Akhbar newspaper.


“The opposition cannot decisively settle the battle and what the security forces and army units are doing will not achieve a decisive settlement,” he said, adding that insurgents fighting to topple Syria’s leadership could plunge it into “anarchy and an unending spiral of violence”.


Sources close to the Syrian government say Sharaa had pushed for dialogue with the opposition and objected to the military response to an uprising that began peacefully.


In a veiled criticism of the crackdown, he said there was a difference between the state’s duty to provide security to its citizens, and “pursuing a security solution to the crisis”.


He said even Assad could not be certain where events in Syria were leading, but that anyone who met him would hear that “this is a long struggle…and he does not hide his desire to settle matters militarily to reach a final solution.”


In Hama province, rebels and the army clashed in a new campaign launched on Sunday by rebels to block off the country’s north, activists said.


The Syrian Observatory for Human Rights, an opposition-linked violence monitor, said fighting raged through the provincial towns of Karnaz, Kafar Weeta, Halfayeh and Mahardeh.


It said there were no clashes reported in Hama city, which lies on the main north-south highway connecting the capital with Aleppo, Syria’s second city.


Qassem Saadeddine, a member of the newly established rebel military command, said on Sunday fighters had been ordered to surround and attack army positions across the province. He said Assad’s forces were given 48 hours to surrender or be killed.


In 1982 Hafez al-Assad, father of the current ruler, crushed an uprising in Hama city, killing up to 30,000 civilians.


Qatiba al-Naasan, a rebel from Hama, said the offensive would bring retaliatory air strikes from the government but that the situation is “already getting miserable”.


(Additional reporting by Oliver Holmes, Erika Solomon and Dominic Evans in Beirut, Afif Diab at Masnaa, Lebanon; editing by Philippa Fletcher)


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Iran leader gets the clicks with Facebook rumor






DUBAI, United Arab Emirates (AP) — A Facebook page purportedly created by Iran‘s Supreme Leader Ayatollah Ali Khamenei attracted nearly 10,000 followers on Tuesday although the site’s content and style raise serious questions about its authenticity.


Iranian authorities had no immediate comment on the site, which apparently went online last week but only recently gained prominence among social media watchers. Despite the possibility that it is a hoax, the page has generated at least 170 comments — laudatory and derogatory, and nearly all in Farsi — that highlight the deep political divisions in Iran and possibly opposition fervor from expatriate Iranians.






One post compared Khamenei to a celebrated ruler of ancient Persia, Cyrus the Great, who significantly expanded the Persian empire 2,500 years ago.


Another wrote: “Mr. Khamenei, how are you visiting this page? With proxy?”


It was a reference to Iran’s blocking of Facebook and many other Western social media sites, and the efforts to bypass the restrictions using proxy server links from outside Iran.


The U.S. State Department said Monday it will keep tabs on the page, but had no comment on whether it was genuine or not. Spokeswoman Victoria Nuland joked that Washington is curious how many “likes” the Khamenei page receives.


But much about the page — including an informal photo of Khamenei riding in a car — suggested it was not sanctioned by Iran’s top leader. It is also highly unlikely that Khamenei would endorse a banned outlet such as Facebook.


The Net is not unknown territory for Iranian leaders, however. Khamenei, President Mahmoud Ahmadinejad and others have official websites. Also, some senior Iranian clerics issue religious opinions by email.


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Amy Winehouse inquest to be heard again






LONDON (AP) — Officials in London say the inquest into the death of soul singer Amy Winehouse was overseen by a coroner who lacked the proper qualifications and will be re-heard next month.


Camden Council says a new hearing will take place on Jan. 8.






Winehouse was found dead in her London home in July 2011 at age 27. An inquest in October 2011 found the “Back to Black” singer had died of accidental alcohol poisoning.


Assistant deputy coroner Suzanne Greenaway, who oversaw the inquest, resigned the next month after her qualifications were questioned. She had been appointed by her husband, Andrew Reid, the coroner for inner north London.


Reid was suspended, and resigned earlier this month.


Winehouse family spokesman Chris Goodman said Monday that family had not requested a new hearing.


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Draft EU rules open door to plain cigarette packs






BRUSSELS (Reuters) – The European Union‘s executive Commission will propose larger health warnings on cigarette packs and a ban on flavorings such as menthol, a draft revision of EU tobacco rules seen by Reuters on Monday showed.


The proposals stop short of forcing all cigarettes to be sold in plain packets carrying graphic health warnings, as required in Australia from the start of this month. But individual EU governments will be free to impose plain packaging if they so wish.






“The proposal foresees that combined warnings (picture plus text) of 75 percent should be displayed on both sides of the packages of tobacco products,” the draft legislation from the European Commission said.


“However, a member state may maintain more stringent national provisions… in areas covered by this directive, on grounds of overriding needs relating to the protection of public health,” it added.


The proposals, due be published on Wednesday, must be jointly approved by EU governments and the European Parliament before they can become law, in a process that could take up to two years.


(Reporting by Charlie Dunmore and Claire Davenport; editing by Rex Merrifield)


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Oil below $87 as US fiscal concerns drag on






The price of oil hovered below $ 87 a barrel Monday as uncertainty over a deal on the U.S. budget overshadowed expectations of economic stimulus in Japan and China.


By early afternoon in Europe, benchmark oil for January delivery was down 7 cents to $ 86.66 a barrel in electronic trading on the New York Mercantile Exchange. The contract ended up 84 cents Friday at $ 86.73.






In London, Brent crude was down 36 cents at $ 107.82 on the ICE Futures exchange.


Oil prices were kept in check by the lack of agreement in Washington on the U.S. budget, as concerns grew that tax increases and spending cuts that will take effect next year if no deal is reached will hinder economic growth and demand for crude.


Analysts, however, said that if the “fiscal cliff” can be avoided, commodities like oil could make gains.


“If U.S. fiscal cliff issues can be resolved soon, a strong and broad-based rally across commodities is possible, as investors are under-exposed,” said a report from Barclays in London.


Meanwhile, hopes grew that Japan’s new government would offer stimulus to boost growth. Weekend elections delivered a resounding victory to the Liberal Democratic Party, returning it to power after a three-year hiatus. Leader Shinzo Abe has called for aggressive steps to break Japan out of its 20-year economic decline.


In China, new Communist Party leaders are promising reforms aimed at reducing reliance on exports and more spending, if needed, to prop up a shaky economic recovery. In the first statement of their economic goals since taking power in November, the new party leaders pledged continuity Sunday with long-term plans aimed at nurturing self-sustaining growth and raising income.


In other energy futures trading on Nymex:


— Wholesale gasoline was down 0.23 cent to $ 2.6585 a gallon.


— Heating oil retreated 0.42 cent to $ 2.9727 a gallon.


— Natural gas added 4.4 cents to $ 3.358 per 1,000 cubic feet.


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Iran media: Son of ex-president released on bail






TEHRAN, Iran (AP) — Iranian media say the son of influential former President Akbar Hashemi Rafsanjani has been released on bail.


Several papers, including the pro-reform Etemad daily, say Mahdi Hashemi was released late Sunday and immediately went to his father’s home.






Authorities arrested the younger Hashemi in late September, a day after he returned to Iran from Britain.


He is held on charges of fomenting unrest in the aftermath of Iran’s disputed 2009 presidential election that brought President Mahmoud Ahmadinejad a second term in office. Hashemi also faced corruption charges.


His arrest came days after his sister, Faezeh, was taken into custody to serve a six-month sentence on charges of making propaganda against Iran’s ruling system.


Since Rafsanjani backed Ahmadinejad’s reformist challenger in 2009, his family has come under pressure from hardliners.


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