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THREE FAMOUS STEVE JOBS QUOTES

Remembering that I’ll be dead soon is the most important tool I’ve ever encountered to help me make the big choices in life. Because almost everything — all external expectations, all pride, all fear of embarrassment or failure — these things just fall away in the face of death, leaving only what is truly important.

Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart.

No one wants to die. Even people who wanna go to heaven don’t wanna die to get there.

-Steve Jobs (1955-2011)

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STATEMENT BY APPLE ABOUT THE PASSING OF STEVE JOBS

We are deeply saddened to announce that Steve Jobs passed away today.

Steve’s brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives. The world is immeasurably better because of Steve.

His greatest love was for his wife, Laurene, and his family. Our hearts go out to them and to all who were touched by his extraordinary gifts.

SOURCE: Apple


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FLASH: YAHOO! SOARS 9% ON RENEWED RUMOR OF MICROSOFT BUYOUT

Microsoft Corp is considering a bid for Yahoo Inc, resurfacing as a potential buyer after a bitter and unsuccessful fight to take over the Internet company in 2008, sources close to the situation said on Wednesday.

Microsoft may seek a partner to go after Yahoo, said one of the sources, without identifying any parties.

No decision has been made and a bid might not materialize as there are internal divisions at the software company on whether it should pursue Yahoo again, a high-ranking Microsoft executive said.

Microsoft joins a host of other companies looking at Yahoo, which has a market value of about $18 billion and is readying financial pitch books for potential buyers, the sources said.

Those companies include buyout shops Providence Equity Partners, Hellman & Friedman and Silver Lake Partners, as well as Chinese e-commerce giant Alibaba and Russian technology investment firm DST Global, the sources said.

Microsoft and the other potential buyers declined to comment. Yahoo was unavailable for comment.

SOURCE 

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Report: No Decision on Next Tranche of Aid to Greece

Jean-Claude Juncker, leader of the finance ministers of the euro zone, said Monday that the group will not make a decision on a scheduled bailout payment to Greece just yet, Bloomberg reports. Last month, in putting off the decision until October, Juncker had said that Greece must meet all conditions before receiving the next tranche of financial aid.

SOURCE

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FLASH: 55 INDICTED IN ALLEGED $250-MILLION TAX FRAUD SCHEME

A federal grand jury has indicted 55 people in San Bernardino County in connection with an alleged tax fraud scheme involving the filing of false income tax returns seeking more than $250 million in bogus refunds, authorities said Monday.

Many of the defendants are charged with conspiracy to defraud the United States and face a maximum sentence of 10 years in prison if convicted.

Others are accused of making false claims against the United States, with a maximum sentence of five years.

The IRS investigation centered on two companies: Old Quest Foundation in Fontana and De la Fuente and Ramirez and Associates in Rancho Cucamonga.

The indictment alleged a scheme by Old Quest in which more than 400 false tax returns were filed, resulting in millions of dollars in payouts, including one refund check for $1.2 million.Old Quest, accusing of preparing and filing false returns, allegedly told customers they could get hundreds of thousands of dollars in tax refunds from a “secret government account.”

Company representatives allegedly gave presentations with people posing as attorneys, accountants, certified public accountants and former IRS employees, telling audiences that the United States was bankrupt and owned by England.

Customers were required to make “donations” of as much as $10,000 to the company and pay a percentage of the refunds they received.

The company received about $1 million from customers in the scheme, according to the indictment.

The indictments charge the owners of the company — Arturo S. Ruiz, Francisco J. Mendoza and his wife, Maria de Jesus Mendoza — along with attorneys and tax preparers who worked for them, as well as customers who received the allegedly fraudulent refunds.

Francisco Mendoza was arrested Friday, while authorities were still seeking the other two owners.

De la Fuente and Ramirez and Associates allegedly carried out a similar scheme, recruiting people at seminars and consultations and charging them $2,500 to become customers.

Owners Genaro de la Fuente, Osman Norales and Francisco Ramirez were charged, along with tax preparers, customers and a promoter.

De la Fuente has been arrested, Ramirez was to receive a summons to appear, and Norales was listed as a fugitive.

THE L.A. TIMES 

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ALERT: Kodak Plunge on Bankruptcy Rumors

Shares are halted on news they hired a law firm to prepare restructuring.

Shares opened down 50% to .86. Sad day for the former Dow component.

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