U.S. author Philip Roth says he’s done with writing
















(Reuters) – Seminal American novelist Philip Roth, one of the world’s most revered authors, is retiring from writing, his publisher Houghton Mifflin said on Friday.


The “American Pastoral” author slipped his retirement announcement under the radar in an interview with French magazine Les Inrocks last month.













“To tell you the truth, I’m done,” Roth was quoted as telling the magazine. ” ‘Nemesis’ will be my last book,” he said of his 2010 short novel.


“He told me it was true,” Lori Glazer, Houghton Mifflin’s vice president and executive director of publicity, told Reuters on Friday.


Roth, 79, whose most famous works include “Goodbye, Columbus” and the sexually-explicit “Portnoy’s Complaint,” has never won the Nobel Prize for Literature despite his name often coming up as a leading contender for the award.


He is the author of more than 25 novels in a career spanning more than 50 years. He won the Pulitzer Prize for his 1997 novel “American Pastoral” and two National Book Awards.


But Roth told Les Inrocks that he had always found writing difficult and wanted nothing more to do with reading, writing or talking about books.


He said that at the age of 74, he started re-reading all his favorite novels by authors including Ernest Hemingway, Ivan Turgenev and Fyodor Dostoyevsky, and then re-read all his own novels


“I wanted to see whether I had wasted my time writing,” he explained.


“After that, I decided that I was done with fiction. I no longer want to read, to write, I don’t even want to talk about it anymore,” he was quoted as saying.


“I have dedicated my life to the novel: I studied, I taught, I wrote, I read – to the exclusion of almost everything else. Enough is enough! I no longer feel this fanaticism to write that I have experienced all my life. The idea of trying to write again is impossible,” Roth told the French magazine.


The New Jersey-born novelist is best known for his semi-autobiographical and unreliable narrator Nathan Zuckerman.


The novella “Goodbye, Columbus” catapulted Roth onto the American literary scene in 1959 with its satirical depiction of class and religion in American life.


Published along with five other short stories, “Goodbye, Columbus” won the National Book Award in 1960 – an award he would go on to win again in 1995 with the novel “Sabbath’s Theater.”


(Reporting By Eric Kelsey in Los Angeles, Editing by Jill Serjeant, Jan Paschal and Claudia Parsons)


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Acetaminophen in infancy again tied to asthma
















NEW YORK (Reuters Health) – Babies given acetaminophen for fevers and aches may have a heightened risk of asthma symptoms in their preschool years, a new study suggests.


The findings, from a study of 411 Danish children, add to a mixed bag of research into whether there’s a link between acetaminophen – better known by the brand-name Tylenol – and kids’ asthma risk.













Researchers found that the more acetaminophen kids were given as infants, the more likely they were to develop asthma-like symptoms in early childhood.


That statistical link does not prove that acetaminophen causes airway trouble, according to senior researcher Dr. Hans Bisgaard, a professor of pediatrics at the University of Copenhagen in Denmark.


“We think it is too early to conclude a causal relationship,” he told Reuters Health in an email.


Still, Bisgaard said, the findings should encourage further research into a “plausible biological mechanism” by which acetaminophen could promote asthma.


The study, reported in the Journal of Allergy and Clinical Immunology, included 336 children who were followed from birth to age seven. All had mothers with asthma, which put them at increased risk for the lung disease themselves.


Overall, 19 percent of the children had asthma-like symptoms by the age of three – meaning recurrent bouts of wheezing, breathlessness or coughing.


Bisgaard’s team found that the risk generally went up the more often a child was given acetaminophen in the first year of life. For each doubling in the number of days a baby received the drug, there was a 28 percent increase in the risk of asthma symptoms.


The link disappeared, though, by the time the children were seven years old. At that point, 14 percent of kids had asthma, and the risk was no greater for those given acetaminophen as babies.


With that, the new findings actually paint a less worrisome picture than some past research has, according to Dr. Henry Milgrom, a professor of pediatrics at National Jewish Health in Denver who was not involved in the study.


But this study’s not the last word, Milgrom said. “I don’t think this answers the question. It raises more questions.”


Weeding out specific effects of acetaminophen on asthma risk is tricky. The biggest reason is that children with asthma tend to get more severe respiratory infections. Compared with other kids, their colds may more often turn into bronchitis or pneumonia.


So it would make sense that they’d be given the fever reducer acetaminophen more often than other kids would.


Bisgaard said his team did have information on other factors – including kids’ rates of pneumonia and bronchitis, body weight and parents’ smoking. And they did not seem to account for the acetaminophen-asthma connection.


Still, it’s possible that there are other explanations, according to Bisgaard.


And if acetaminophen does have an effect, the researchers say, it might be “temporary,” since there was no link at age seven.


A number of past studies have suggested that young children given acetaminophen are at increased of asthma. But some others have doubted that.


One recent study found that children given other common pain medications – including ibuprofen and naproxen – also had an increased asthma risk. And the researchers said that suggested children with asthma symptoms were simply more likely to need the medications.


Bisgaard said that few babies in this study were given other painkillers, so it wasn’t possible to see whether those medications were related to asthma symptoms.


The study had other limitations. It included only kids at higher-than-normal risk of asthma, so it’s not clear whether the findings would be the same for children at average risk.


Milgrom said that for now, parents may want to avoid acetaminophen if their baby or young child is at increased risk of asthma.


Ibuprofen would be an alternative; experts say parents should avoid giving aspirin to children because the drug is linked to Reye syndrome – a rare but serious disease that affects the brain and liver.


Bisgaard did not advise avoiding acetaminophen. But he did urge parents to use it only when warranted – like when a child has a fever – to avoid unnecessary doses.


“We would like to stress,” Bisgaard said, “that the use of this drug indeed is beneficial in the appropriate circumstances.”


SOURCE: http://bit.ly/ZeQrfo Journal of Allergy and Clinical Immunology, online October 26, 2012.


Diseases/Conditions News Headlines – Yahoo! News



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CIA chief resigns, reportedly over an affair

CIA Director David Petraeus resigned his post on Friday, confessing to having shown "extremely poor judgment by engaging in an extramarital affair." The former Army general rocketed to global prominence as the man in charge of the "surge" in Iraq and later the commander of American forces in Afghanistan.


President Barack Obama said Petraeus had led the Central Intelligence Agency "with characteristic intellectual rigor, dedication, and patriotism.


"I am completely confident that the CIA will continue to thrive and carry out its essential mission, and I have the utmost confidence in Acting Director Michael Morell and the men and women of the CIA who work every day to keep our nation safe," the president said in a written statement.


"Going forward, my thoughts and prayers are with Dave and Holly Petraeus, who has done so much to help military families through her own work. I wish them the very best at this difficult time," Obama continued.


Director of National Intelligence James Clapper issued a statement that did not specify a reason for Petraeus's departure but praised his colleague extensively.


"From his long, illustrious Army career to his leadership at the helm of CIA, Dave has redefined what it means to serve and sacrifice for one's country," said Clapper.


Petraeus went to work as CIA chief in September 2011 after heading up the war in Afghanistan. He had drawn fire in the aftermath of the Sept. 11 attack on the American compound in Benghazi, Libya. His departure comes barely a week before he was scheduled to testify about the assault in closed-door sessions with the intelligence committees of the Senate and House of Representatives. Morell was expected to take his place, congressional aides said.


Petraeus' resignation letter, quoted by several news outlets, centered on his personal behavior.


"Yesterday afternoon, I went to the White House and asked the President to be allowed, for personal reasons, to resign from my position as D/CIA. After being married for over 37 years, I showed extremely poor judgment by engaging in an extramarital affair. Such behavior is unacceptable, both as a husband and as the leader of an organization such as ours," he said. "This afternoon, the President graciously accepted my resignation."


Petraeus, 60, has been described as the father of the military's counterinsurgency doctrine. The charismatic officer had been cited as a possible future presidential or vice presidential prospect.


His wife Holly has worked inside the Obama Administration, serving at the Consumer Financial Protection Bureau.


Republican Senator John McCain, his party's senior member on the Senate Armed Services and one of Petraeus's most outspoken admirers, said the general "will stand in the ranks of America's greatest military heroes.


"His inspirational leadership and his genius were directly responsible—after years of failure—for the success of the surge in Iraq," McCain said in a statement. "Our thoughts and prayers are with him and his family."


In a statement, Senate Intelligence Committee Chairwoman Dianne Feinstein, a Democrat, said, "I very much regret the resignation of David Petraeus. This is an enormous loss for our nation's intelligence community and for our country.


"I wish President Obama had not accepted this resignation, but I understand and respect the decision," Feinstein added.


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Syria opposition bloc elects Christian as leader
















DOHA, Qatar (AP) — Syria‘s main opposition group in exile has elected a Christian Paris-based former geography teacher as its new president.


George Sabra said Friday that his election as head of the Syrian National Council is a sign that the opposition is not plagued by sectarian divisions.













Sabra says the SNC‘s main demand is to receive weapons from the international community. The U.S. and some other foreign backers of rebels fighting the regime of President Bashar Assad have so far refused to send weapons for fear they can fall into the wrong hands.


Middle East News Headlines – Yahoo! News



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Social media shakes up solitary online FX trading
















LONDON (Reuters) – The solitary world of online foreign exchange trading is emerging from the shadows as solo investors turn to specialist social media networks to link up with their peers and seek market-beating strategies.


Individual or retail trading, estimated at 8-10 percent of the $ 2.5 trillion daily spot FX market, used to conjure an image of a lone trader with little contact with the outside world.













But that is changing. Thanks to specially tailored websites known as social trading networks, users are able to see and even copy the trades of top-ranked rivals, swap ideas and gauge the market mood in online chat with a community of contacts.


“In the world of trading there are a lot of signals but social media gives us the market sentiment and it is ideal for chatting to people across the world for trade ideas,” said Patrick Orini, who has been trading FX online since 2004.


Retail forex traders make their deals using personal accounts through brokers such as Alpari, FxPro and IronFX. Increasingly, traders are hooking up their broker accounts with social trading networks, such as eToro, Currensee and Tradeo.


Traders usually pay a subscription to use the service while the social network and the broker might share revenue on trades.


In a system reminiscent of microblog network Twitter, top players who make their trades visible can gather thousands of followers, some of whom pay to copy their strategies.


Orini’s trading account on a social trading network called Tradeo has 500 followers, of whom around 20 copy his trades.


If online investors do well in their trades, they will attract more followers and will be ranked higher on the trader “leaderboard” posted on the site.


Retail FX has grown over the last decade as brokers allow individual traders to take highly leveraged positions previously accessible only to institutional investors. The largest group of market players is based in Japan.


eToro, one the world’s largest social trading platforms has processed more than 20 million trades since it went live at the beginning of 2012.


Tradeo, a social network for forex traders based in Tel Aviv, launched three months ago and, according to its co-founder and CEO Jonathan Adest, the site has posted up to half a billion dollars of trades from around 10,000 traders since then.


“It’s not a broker, but a network for brokers — a bit like an online trading room,” Adest said.


He said Tradeo also combats a key hazard of online trading — inaccurate or bogus information. Traders often swap ideas on comment boards, but anonymity and low security makes it difficult to weed out spam.


“The idea of creating a niche social network for forex traders is to help verify commentators usually found in chat rooms and comment boards,” Adest said.


In its increased use of social media, online forex trading is catching up with developments in the equities market.


Retail equities trading is estimated to account for up to half of trade in UK small companies. Retail FX’s smaller share of the overall market reflects the fact that most trade is over-the-counter and lack of volatility that make it harder to turn a profit.


TWITTER


In the equities market, analysis of Twitter postings and news headlines has been used to predict stock price movements.


London-based hedge fund firm Derwent Capital is launching a new spread betting application for retail traders in January that will use Twitter’s 350 million daily tweets to create a sentiment indicator covering currency pairs and other assets.


Social media makes existing currency market sentiment models more effective, said John Hardy, head of FX strategy at Saxo Bank.


“It would be a new way to measure “sentiment” in real time, something that banks can do already via how people are actually trading…but the Twitter measures might be able to bring new nuances and sophistication,” he said.


Arguably, solo traders who hook up to social trading networks are seeking an edge in the “wisdom of crowds”.


“The reason why so many people, like myself, do share their activity and ideas is to help each other and build the community,” Orini said. “I got so many valuable ideas from other traders, that I’m more than happy to share my ideas as well.”


(Editing by Nigel Stephenson)


Internet News Headlines – Yahoo! News



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James Bond returns: 007 things to know before seeing “Skyfall’
















NEW YORK (TheWrap.com) – Fifty years after Sean Connery traveled to Jamaica in “Dr. No,” James Bond is back for the 23rd time in “Skyfall,” an instant classic in the Bond canon and a breath of fresh air for the franchise.


Bond has been on hiatus for close to four years, leaving some with the sour taste of “Quantum of Solace” – a bloated, action-heavy film many would rather forget. Daniel Craig as Bond seemed so promising in “Casino Royale,” his first film as the trigger-happy secret agent, where we found him playing cards, swilling martinis and bedding Eva Green.













Now Bond returns Thursday in Sam Mendes‘ “Skyfall,” joining forces with some old allies (Judi Dench as M) and new friends (Ben Whishaw as Q and Ralph Fiennes as a government official).


For a franchise celebrating its golden anniversary, it’s hard to imagine 007 could still surprise, but Mendes has issued a full-blown reboot, and TheWrap is here to help you catch up with seven things even the biggest Bond fan should know before seeing “Skyfall.”


Who got rid of the Bond girls?


When you think of Bond, you think of scantily clad women and passionate sex scenes – Ursula Andress traipsing out of the water in her bikini. Denise Richards in a midriff-baring tank top. Green and Craig in a hotel in Montenegro.


This time around, Bond girls are left on the sidelines. Berenice Marlohe appears briefly for instant salivation. But aside from Naomie Harris, the Bond girls play smaller roles, and, to everyone’s surprise, are mostly clothed – no bikinis, no lingerie. Just one shower scene in the shadows.


Craig spends more time with his shirt off than all of the women put together. Eat your heart out ladies.


Where are the exploding pens?


Every Bond fan alive has gadget-envy. From the jet pack in “Thunderball” to the stun-gun cell phone in “Tomorrow Never Dies,” 007 always has an array of toys at his disposal.


No more. The more modern society gets, the less Bond has to work with. Facing the most dangerous cyber terrorist in the world, Q outfits the secret agent with little more than a gun (indeed, a special gun) and a radio.


Radio? Yes, radio.


Is James Bond too old for the job?


When we first see 007, he seems the same chiseled, debonair exemplar of British fortitude. Yet we soon discover much has changed in the world of the 00s. It appears Bond dies a few minutes into the movie, but he resurfaces as a scruffy drunk, taking shots of booze at a bar on a tropical island. This Bond would rather fall asleep drunk at a bar than go home to his gorgeous mate.


When Bond is subjected to a full physical and mental evaluation, his fitness is failing, his aim askew and his mental state muddled.


The government questions his return as a 00, leaving his future up in the air.


When did the villains stop caring about money?


MI6, the legendary British intelligence outfit, appears in even worse shape. It has long been home to some of the world’s best agents, willing to go undercover at a moment’s notice in service to queen and country.


Yet on Bond’s 50th anniversary, its strategies are antiquated, and its field agents, ready as ever to engage in fire fights, appear defeated. Long gone are villains like Goldfinger (“Goldfinger”) and crime syndicates like Janus (“Goldeneye”). Cyber-crime is the new danger, and its perpetrators don’t want money, they want chaos.


What’s a secret agent to do when nerds rule the world?


Is this a Bond villain to remember?


How is it that only the Coen Brothers and Mendes recognize Javier Bardem’s talent as a villain? After his chilling portrayal of Anton Chiguhr in “No Country for Old Men,” the Coen Brother’s Oscar-winning Western, Bardem returns to his evil ways as Raoul Silva, a former MI6 agent hell bent on revenge.


His hair is blonde, his accent is spine-tingling and his plan pure evil. He doesn’t fit the typical Bond stereotype. He’s not Russian, he’s not wealthy and he’s not affiliated with a larger organization. He’s a lone wolf.


He’s also the best Bond villain in years, leaving us to wonder: who will they recruit next?


Does the song remain the same?


For those living under a rock, Adele sings the “Skyfall” theme song, bringing a little extra cultural cache and British bluster to the film. It’s been years since a Bond movie used the classic opening, replete with fake blood, gunshots and a roving spotlight, but “Skyfall” takes us into new territory – underwater.


While plenty of Bond openings have featured fire and sexy silhouettes, Mendes chooses aquatic optics and a submerged graveyard. Though the scene will divide critics, the song itself shows off Adele’s powerful voice. Considering some of the recent entries – remember Madonna’s “Die Another Day”? – this is progress.


Did Christopher Nolan inspire Mendes?


James Bond is one of the most famous characters in film history, but “Skyfall” appears heavily influenced by Nolan’s Batman films. In keeping with the Craig-led Bonds (which began one year after “Batman Begins”), “Skyfall” is darker than earlier films, both literally (a night scene in Shanghai) and thematically (the constant fear of an attack at home).


When M makes a speech to Parliament, she proclaims the world scarier than ever because our enemies are now in the shadows – a choice Nolanism. The villains’ yearning for chaos rather than financial reward echoes Liam Neeson’s League of Shadows, Heath Ledger’s Joker and Tom Hardy’s Bane.


The new Bond also resembles the new Batman, a man struggling with his role in a changed world, an outcast who only wants to serve his country.


Believed dead, he only returns to England because of an attack on British soil.


Upon his return, Bond is now a lone vigilante a la the caped crusader, standing on a roof waiting for his next move – or perhaps the bat signal.


Movies News Headlines – Yahoo! News



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Watch: Los Angeles Passes Condom Mandate for Porn Industry
















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Los Angeles Passes Condom Mandate for Porn Industry













Los Angeles Passes Condom Mandate for Porn Industry


Voters approve Measure B, requiring actors to wear condoms while shooting sex scenes.




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Loughner gets life for deadly Ariz. rampage

TUCSON, Ariz. (AP) — Former Congresswoman Gabrielle Giffords, partially blind, her right arm paralyzed and limp, came face to face Thursday with the man who tried to kill her last year, standing beside her husband as he spoke of her struggles to recover from being shot in the head.

"Her life has been forever changed. Plans she had for our family and her career have been immeasurably altered," said astronaut Mark Kelly, both he and his wife staring at the shooter inside a packed courtroom. "Every day is a continuous struggle to do those things she once was so good at."

Jared Lee Loughner, 24, was then ordered to serve seven consecutive life sentences, plus 140 years in federal prison for the January 2011 shooting rampage that killed six people and wounded 13 others, including Giffords, outside a grocery store in Tucson, Ariz.

Loughner pleaded guilty under an agreement that guarantees he will spend the rest of his life in prison without the possibility of parole. He avoids a federal death sentence, and local prosecutors said Thursday they would not seek state charges.

One by one, survivors of the attack at a Giffords political event approached the courtroom podium to address Loughner, each turning toward him where he sat stoic and emotionless at a table with his attorneys.

"You took away my life, my love and my reason for living," said Mavanell Stoddard, who was shot three times and cradled her dying husband in her arms as he lay bleeding on the sidewalk after shielding her from the spray of bullets.

Susan Hileman, who was shot, spoke to him, at times visibly shaking.

"We've been told about your demons, about the illness that skewed your thinking," she said. "Your parents, your schools, your community, they all failed you.

"It's all true," Hileman said. "It's not enough."

"You pointed a weapon and shot me three times," she said, staring directly at Loughner. He looked back at her. "And now I will walk out of this courtroom and into the rest of my life and I won't think of you again."

Loughner's parents sat nearby, his mother sobbing.

Some victims, including Giffords, welcomed the plea deal as a way to move on. It spared them and their families from having to go through a potentially lengthy and traumatic trial and locks up the defendant for life.

Giffords didn't speak, but stood by Kelly and kissed her husband when he was done. He grabbed her hand and they walked away, her limping.

Earlier, Loughner told Burns that he would not speak at the hearing.

Both sides reached the deal after a judge declared that Loughner was able to understand the charges against him. After the shooting, he was diagnosed with schizophrenia and underwent forcible psychotropic drug treatments.

Christina Pietz, the court-appointed psychologist who treated Loughner, had warned that although Loughner was competent to plead guilty, he remained severely mentally ill and his condition could deteriorate under the stress of a trial.

When Loughner first arrived at a Missouri prison facility for treatment, he was convinced Giffords was dead, even though he was shown a video of the shooting. He eventually realized she was alive after he was forcibly medicated.

Pima County Attorney Barbara LaWall said she reached out to family members, victims and survivors and decided against filing charges and seeking the death penalty.

It's unclear where Loughner will be sent to serve his federal sentence. He could return to a prison medical facility like the one in Springfield, Mo., where he's been treated for more than a year. Or he could end up in a prison such as the federal lockup in Florence, Colo., that houses some of the country's most notorious criminals, including Oklahoma City bombing conspirator Terry Nichols and "Unabomber" Ted Kaczynski.

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Myanmar says Obama to visit later this month
















YANGON, Myanmar (AP) — President Barack Obama will make a groundbreaking visit later this month to Myanmar, an official said Thursday, following through with his policy of rapprochement to encourage democracy in the Southeast Asian nation.


The Myanmar official speaking from the capital, Naypyitaw, said Thursday that security for a visit on Nov. 18 or 19 had been prepared, but the schedule was not final. He asked not to be named because he was not authorized to give information to the media.













The official said Obama would meet with opposition leader Aung San Suu Kyi as well as government officials including reformist President Thein Sein.


It would be the first-ever visit to Myanmar by an American president. U.S. officials have not yet announced any plans for a visit, which would come less than two weeks after Obama’s election to a second term.


Obama’s administration has sought to encourage the recent democratic progress under Thein Sein by easing sanctions applied against Myanmar’s previous military regime.


Officials in nearby Thailand and Cambodia have already informally announced plans for visits by Obama that same week. Cambodia is hosting a summit meeting of the Association of Southeast Asian Nations, and Thailand is a longtime close U.S. ally.


The visit to Myanmar, also known as Burma, would be the culmination of a dramatic turnaround in relations with Washington as the country has shifted from five decades of ruinous military rule and shaken off the pariah status it had earned through its bloody suppression of democracy.


Obama’s ending of the long-standing U.S. isolation of Myanmar’s generals has played a part in coaxing them into political reforms that have unfolded with surprising speed in the past year. The U.S. has appointed a full ambassador and suspended sanctions to reward Myanmar for political prisoner releases and the election of Nobel laureate Suu Kyi to parliament.


From Myanmar’s point of view, the lifting of sanctions is essential for boosting a lagging economy that was hurt not only by sanctions that curbed exports and foreign investment, but also by what had been a protectionist, centralized approach. Thein Sein’s government has initiated major economic reforms in addition to political ones.


A procession of senior diplomats and world leaders have traveled to Myanmar, stopping both in the remote, opulent capital city, which was built by the former ruling junta, and at Suu Kyi’s dilapidated lakeside villa in the main city of Yangon, where she spent 15 years under house arrest. New Zealand announced Thursday that Prime Minister John Key would visit Myanmar after attending the regional meetings in Cambodia.


The most senior U.S. official to visit was Hillary Rodham Clinton, who last December became the first U.S. secretary of state to travel to Myanmar in 56 years.


The Obama administration regards the political changes in Myanmar as a marquee achievement in its foreign policy, and one that could dilute the influence of China in a country that has a strategic location between South and Southeast Asia, regions of growing economic importance.


But exiled Myanmar activists and human rights groups are likely to criticize an Obama visit as premature, rewarding Thein Sein before his political and economic reforms have truly taken root. The military — still dominant and implicated in rights abuses — has failed to prevent vicious outbreaks of communal violence in the west of the country that have left scores dead.


Asia News Headlines – Yahoo! News



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Exclusive: Google Ventures beefs up fund size to $300 million a year

SAN FRANCISCO (Reuters) - Google will increase the cash it allocates to its venture-capital arm to up to $300 million a year from $200 million, catapulting Google Ventures into the top echelon of corporate venture-capital funds.


Access to that sizeable checkbook means Google Ventures will be able to invest in more later-stage financing rounds, which tend to be in the tens of millions of dollars or more per investor.


It puts the firm on the same footing as more established corporate venture funds such as Intel's Intel Capital, which typically invests $300-$500 million a year.


"It puts a lot more wood behind the arrow if we need it," said Bill Maris, managing partner of Google Ventures.


Part of the rationale behind the increase is that Google Ventures is a relatively young firm, founded in 2009. Some of the companies it backed two or three years ago are now at later stages, potentially requiring larger cash infusions to grow further.


Google Ventures has taken an eclectic approach, investing in a broad spectrum of companies ranging from medicine to clean power to coupon companies.


Every year, it typically funds 40-50 "seed-stage" deals where it invests $250,000 or less in a company, and perhaps around 15 deals where it invests up to $10 million, Maris said. It aims to complete one or two deals annually in the $20-$50 million range, Maris said.


LACKING SUPERSTARS


Some of its investments include Nest, a smart-thermostat company; Foundation Medicine, which applies genomic analysis to cancer care; Relay Rides, a carsharing service; and smart-grid company Silver Spring Networks. Last year, its portfolio company HomeAway raised $216 million in an initial public offering.


Still, Google Ventures lacks superstar companies such as microblogging service Twitter or online bulletin-board company Pinterest. The firm's recent hiring of high-profile entrepreneur Kevin Rose as a partner could help attract higher-profile deals.


Soon it could have even more cash to play around with. "Larry has repeatedly asked me: 'What do you think you could do with a billion a year?'" said Maris, referring to Google chief executive Larry Page.


(Editing by Muralikumar Anantharaman)


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