Facebook Boosts Ipo

Leadership is far less about what you are doing, than about who you are being.  If you think about the people who have influenced you most over the course of your career and life, it’s likely that what impacted you most was not what they did, but about who they were being while doing it.

Samsung has announced it's got a new 13.3-inch display with a staggering 3200 x 1800 resolution ready to plop into new Ultrabooks. Take that, MacBook Retina and Chromebook Pixel.Read more    

At about 5:25 Saturday afternoon, Gary Stevens and Skyring gave Forbes 400’s Brad Kelley and his Calumet Farm their first Grade II victory when they won the Dixie Stakes at Pimlico Race Course; in the same race, Kelley’s 2012 Kentucky Derby runner Optimizer finished third, missing second place by just a head.

Good morning. For David Karp, it's a great one. The big news from over the weekend is that Yahoo's board has reportedly approved the plan to buy Tumblr for $1.1 billion in cash. Tumblr's board has reportedly agreed to the deal, too. We think the deal is smart for both sides. Not all Tumblr users are so optimistic. It'll be interesting to see how Yahoo deals with all the porn stored on Tumblr. There's a lot. Sometime in 2011, people started searching more for "tumblr porn" than "torrent porn." Finally, meet David Karp, the 26-year-old who created Tumblr and now has ~$300 million in cash. Jolla, a startup out of Finland, just launched a new smartphone platform. This is the first phone for it. Apple retail revenues per visitor broke a new record last quarter. Samsung is hosting an app-building contest. It will pay 10 winners $800,000. Pinterest made its "pins" more useful. Users can pin easier from mobile, and pins now come in optional categories like movies, recipes, and products. Obviously there are some monetization benefits here for Pinterest. The IRS busted an identity thief after he took an Instagram photo of his steak at Morton's. Please follow SAI on Twitter and Facebook.Join the conversation about this story »    

Following the DAX's rise to a new record high and the FTSE's rally to its highest level in over five years, Citigroup's Jonathan Stubbs told CNBC that European equities have "rarely" been so appealing to investors. The bank's European equity strategist said on Monday that the pace of downgrades to earnings forecasts is improving which, in the past, has been very positive for stock returns.  "The last five times it has happened we've seen an average equity market return of 30 percent in the following 18 months – and that's broadly where we are now," he said. Stubbs pointed out that equities were particularly attractive to bond investors, given the bond market rally since late last year.  (Read More: Europe Higher; Autos Gain, Miners Lag) "Although European equities are up 100 percent since the 2009 lows, and although valuations have got more expensive… European equities have rarely been this attractive to so many investors – non-equity investors - as they are today." Encouraging data from the U.S. and Japan helped to push stock markets higher on Monday. Germany's DAX reached an all-time high of 8,449 after the open, and Britain's FTSE 100 rose to 6,739 – its highest level since October 2007. Stubbs said Europe's earnings season to date "hasn't actually been that bad." "We have seen week after week of net downgrades – 54 weeks in a row of net downgrades in Europe and globally - but European earning expectations have only fallen, in 2012, from 10 percent to -3 percent. So we've seen a very modest pull-back in earning expectations," he said. (Read More: Why This Week Could See Start of Risk-Off) Looking ahead he forecast earnings growth of 10 percent in 2014, adding: "We're coming towards, we think, the trough in the earnings cycle and that's what the market is focussing on as well." He said financials was his preferred sector and added that European banking stocks "will surprise many." "European banks are on this very positive journey from… capital deficit to a capital surplus. That's one of the key themes we think that will sustain outperformance and performance from banks over the next couple of years." (Read More: Central Banks in Focus: Time to Risk It?) - By CNBC's Katrina Bishop, follow her on Twitter @KatrinaBishop Please follow Clusterstock on Twitter and Facebook.Join the conversation about this story »