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Modestan scores $259K in Mega Millions; tonight’s jackpot $363M

MODESTO — nobody picked all six numbers in a Mega Millions lottery drawing last week.

But one man struck it rich with a ticket he bought at O’Brien’s Market in Modesto.

Edward Tobias won $259,268 for picking five of six numbers in Friday’s Mega Millions draw, which climbs to a whopping $363 million with today’s 8 p.m. Pacific time drawing.

Tobias, a longtime lottery player, went to O’Brien’s in Roseburg Square on Saturday to check his numbers, according to lottery officials.

When he put his number into the machine, there was a message that read: “Submit claim form.”

He immediately thought something was wrong. On the second try, he discovered he had won and immediately put the winning ticket in his sweater and went home to tell his wife.

“She couldn’t believe it,” he said.

Tobias said she described the large prize as “unbelievable.”

Store manager Richard O’Brien was happy for his regular customer. O’Brien discovered his store had sold the winning ticket when a customer saw it on TV and called him.

O’Brien said stores receive one-half of 1 percent, estimating that Tobias’ good fortune will net the store about $1,300.

“I can make my numbers this month,” he jokingly said.

O’Brien said when the Roseburg store was a few blocks away at West Orangeburg and Ardmore avenues, it sold a $1 million ticket.

“So lightning does strike twice,” he said.

A third time today would be the charm — a huge one.

Today’s draw will be for the third-largest Mega Millions jackpot in the history of the multistate game.

The jackpot is the largest since January 2011 when the total reached $380 million. The all-time jackpot record was $390 million in March 2007.

The huge jackpot has garnered huge interest at area vendors. Shop owners have noticed a marked increase in ticket buying, with regulars and newcomers flooding in for a chance at riches.

“It’s more than double,” said Tully Food & Liquor owner Hardish Vajwa. “They’re coming in buying as many as they can afford.”

Customers have come in buying 50, 80, even 100 tickets at a time.

The retailer who sells the winning ticket would pocket $1 million.

Mega Millions is played in dozens of states, including California. Players pick five numbers from 1 to 56, plus a Mega number from 1 to 46. Tickets are $1.

The twice-a-week draw on Tuesdays and Fridays closes at 7:45 p.m. Pacific time.

Six others in California picking in Friday’s draw matched five of six numbers correctly, lottery officials said.

Modestan scores $259K in Mega Millions; tonight’s jackpot $363M


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    Posted by admin - March 29, 2012 at 4:00 am

    Categories: News and Events   Tags: , ,

    Nokia to Sell $99.99 Windows Phone Via AT&T to Take On Apple

    (Updates with comment from analyst in fourth paragraph.)

    March 26 (Bloomberg) — AT&T Inc. plans to start selling a Nokia Oyj smartphone with Microsoft Corp. software for half of what it charges for the iPhone, as the device’s makers seek to break Apple Inc. and Google Inc.’s dominance of the U.S. market.

    The Lumia 900, which runs on AT&T’s network using faster, so-called long-term-evolution technology, will start selling for $99.99 on April 8, the second-largest U.S. wireless carrier said today in a statement. the latest iPhone and newest handsets running Google’s Android software typically start at $199.

    Nokia is counting on Microsoft’s Windows Phone software to reignite sales in the U.S., where the iPhone, Android makers such as Samsung Electronics co. and Research In Motion ltd.’s BlackBerry control 92 percent of the market. Microsoft is trying to increase its share of the mobile software market to expand beyond the slower-growing personal-computer market.

    “The pricing is aggressive,” said Avi Greengart, an analyst at research firm Current Analysis in Teaneck, new Jersey. “They are hoping to use price to get people to buy a product with an operating system they aren’t familiar with.”

    To get the $99.99 price, customers need to sign up to a two-year contract with AT&T. the Dallas-based carrier will also sell the phone without a contract for $449.99, said Steven Schwadron, an AT&T spokesman.

    Those price points suggest that AT&T is subsidizing each Lumia by about $350. that compares with a $450 subsidy for the the cheapest version iPhone 4S, which sells for $199 with a contract and $649 without one.

    Nokia Chief Executive Officer Stephen Elop, a former Microsoft executive, started rebuilding the Espoo, Finland-based company’s smartphone strategy around the Windows Phone operating system last year. Nokia had previously focused on its own MeeGo and Symbian operating systems.

    Nokia and Microsoft have said they are willing to spend money to fuel sales. Microsoft said last year it would pay Nokia $1 billion to develop and promote Windows phones. Elop said in October that marketing spending on the Lumia series would be triple the money spent on previous product sales promotions.

    Microsoft, based in Redmond, Washington, rose 1.8 percent to $32.59 at the close in new York. Nokia advanced 0.4 percent at 3.99 euros in Helsinki. AT&T added 0.9 percent to $31.79.

    The Lumia 900 has a 4.3-inch (11-centimeter) screen, larger than that of the iPhone, and an 8-megapixel camera. Customers can order it online starting March 30, AT&T said.

    –Editors: Ville Heiskanen, John Lear

    To contact the reporter on this story: Scott Moritz in new York at smoritz6@bloomberg.net

    To contact the editor responsible for this story: Peter Elstrom at pelstrom@bloomberg.net

    Nokia to Sell $99.99 Windows Phone Via AT&T to Take On Apple


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      Posted by admin -  at 1:00 am

      Categories: Technology   Tags: , , , , ,

      Report: Nokia to Discontinue Symbian Smartphones in the United States

      In an interview with AllThingsD, Chris Weber, the president of Nokia’s U.S. subsidiary, said that once Windows Phone comes out “we will essentially be out of the Symbian business, the S40 business, etc.”

      “It will be Windows Phone and the accessories around that. the reality is if we are not successful with Windows Phone, it doesn’t matter what we do (elsewhere),” Weber said to AllThingsD.

      Nokia’s market strategy has Microsoft written all over it. CEO Stephen Elop was a former Microsoft executive, as was Weber. the idea is to start in the U.S. and then make devices available worldwide. the theory is that any type of critical mass in the North American market can carry overseas, much the same way that it has for Apple and Android.

      Nokia also plans its biggest marketing campaign ever for Windows Phone, which also falls in line with Microsoft’s blueprint. Microsoft’s XBox lost money for years as the company poured dollars into its advertising effort, and the effort eventually paid off.

      Nokia’s Windows Phones are expected to come out later this year integrated with “Mango,” the next development of the platform.

      Are you going to miss Symbian? or is it hard to miss something that you have never really seen before? on the other end, are you excited about new Windows Phones, from Nokia or elsewhere? Let us know in the comments.

      Report: Nokia to Discontinue Symbian Smartphones in the United States


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        Posted by admin - August 10, 2011 at 7:01 am

        Categories: Technology   Tags: , , ,

        LinkedIn Starts Strong For Second Straight Day

        The largest networking professional site, LinkedIn, rose to new heights on its second straight day in trading by doubling the output shown yesterday. This gives stockholders a new sight on how firm the foundation is for the company after being backed by public offerings. This near perfect outing for the company lets the economy see that social media is still very much in demand.

        Stocks rose 14% already this morning to a $107 total on the NYSE which adds to a very bountiful 109% surge before the final bell on Wall Street. for all you that want to participate in the company’s success, the ticker is LNKD.

        The company’s market value as of today is a little over $10 billion which is about 27% of its total revenue this year. Facebook, which is the world’s largest social media network, would be valued at $107 billion if you use the same figures. all of this gives investors of newer companies a sigh of relief knowing that you do not have to go public right away to make money. This kind of venturing opens up brighter prospects in the capital industry.

        “We knew this was going to be a super hot IPO and gives us further evidence of the enormous appetite for this wave of next- generation Internet companies,” Paul Bard, director of research at Renaissance Capital LLC, said in an interview with Bloomberg Television. “You are going to see more companies go public that will try to capitalize on this wave of interest.”

        The debut of the company on the NYSE yesterday is reflecting a kind of comeback for venture capitalists. Companies that are backed in the U.S. raised $1.38 billion in the first quarter which is a 47% increase from a year ago. In late 2008, there were zero IPO’s that were venture-backed.

        However, there is growing concern that the technology shares could be overvalued as most investors are trying to forget the 2007-2009 collapse of the market. Former Secretary of the Treasury Lawrence Summers stated in Shanghai earlier today that “Who could have imagined that the concern with respect to any American financial asset, just two years after the crisis, would be a bubble?” Summers, now a professor at Harvard University, said at a conference today in Shanghai. “Yet that concern is increasingly raised with respect to American technology, with respect to certain other American assets.”

        The problem lies with most thinking that LinkedIn will not be able to keep this pace up. CIO of LinkedIn Dan Veru said that “At $100 a share, we would not be buyers. It far exceeded our expectations for what it would do in the first day of trading. It would be amazing to me, with the revenue base it has, if it maintains a $10 billion market cap.”

        Even though the company’s performance is one of the best concerning stocks in the dot-com era, he wants people to know that every business cools down. Yahoo! Inc jumped 154% during its first day of trading way back in 1996. A year earlier Netscape double its debut.

        “The valuation for LinkedIn is rich,” said Michael Moe, chief investment officer of GSV Capital Management in Woodside, California, in a televised interview with Bloomberg West. “To earn the valuation, it has to continue to grow very, very fast.”

        <a href="http://gamutnews.com/gap-downs-cool-ctsh-emis-hdvy-ievm/5112/tag:news.google.com,2005:cluster=http://gamutnews.com/gap-downs-cool-ctsh-emis-hdvy-ievm/5112/Wed, 04 May 2011 08:53:13 GMT 00:00″>LinkedIn Starts Strong For Second Straight Day


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          Posted by admin - May 21, 2011 at 5:01 pm

          Categories: Technology   Tags: , , , , ,

          CREATIVE DIRECTOR (Ecommerce) – 3 Months – Creative Circle (New York)

          Creative Circle is a specialized staffing agency, representing creative professionals for freelance, full-time and freelance to full-time opportunities. We specialize in placing candidates working in digital, traditional, broadcast and mobile spaces.

          Position: CREATIVE DIRECTOR (Ecommerce) – 3 Months Location: Long Island Status: Freelance Estimated Duration: 3 Months starts: March 19th Rate: $65-75ph DOE

          Job Description: Our client is one of the leading ecommerce websites and they are currently looking for a someone to cover maternity leave of their current Creative Director.

          You will supervise all interactive marketing projects including: email, web and catalog product copy, print advertising, social media, and mobile marketing. you will be in charge of managing day to day relationships with the creative agency and production team to insure timely deliverables on all projects. you will also work closely with marketing and PR teams to brainstorm and concept ideas for the summer campaign.

          They would ideally like someone who has worked in an ecommerce environment that is targeted to the women’s market with either a copy or art direction background.

          This is company is located in Mineola, Long Island. They would like someone who lives in Long Island and has a car!

          If you feel you are qualified for this position please send your resume (and samples if applicable) to: NY40@jobalert.creativecircle.com

          View additional job opportunities at www.creativecircle.com

          CREATIVE DIRECTOR (Ecommerce) – 3 Months – Creative Circle (New York)


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            Posted by admin - February 7, 2011 at 12:00 pm

            Categories: New York City Jobs   Tags: ,

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