Albert Einstein:
Imagination is more important than knowledge.
For knowledge is limited, whereas imagination embraces the entire world, stimulating progress, giving birth to evolution. (1931)
LBN-HOLLYWOOD INSIDER:
***New York based producer Zachary Lezberg has acquired the ShowBiz Expo name and trademark, from previous owners J.D. Events.
Under Lezbergs direction, ShowBiz Expo returns to the Los Angeles Convention Center for a one-day show on Saturday, October 17.
Plans are to expand ShowBiz Expo into a two-day event in April/May 2010 for NYC and LA respectively.
The last time ShowBiz Expo was presented in Los Angeles was in 2002.
***After an all-night negotiation session which ended with a signed contract at 10:30 a.m. on Tuesday, The Weinstein Company acquired distribution rights to designer-turned-director Tom Ford's "A Single Man," the hottest movie at the Venice and Toronto film festivals.
***Final Nielsen numbers show Jay Leno attracted 18.4 million viewers Monday.
Meanwhile, the Leno halo gave Conan O'Brien's "The Tonight Show" a ratings shot, giving the him his best performance in the adults 18-49 demo since June 26.
LBN-NOTICED:
***Mega-powerful music attorney John Branca having lunch yesterday with old friend Hollywood publicist Michael Levine at the Grill on the Alley in Beverly Hills.
DID YOU KNOW:
***The national anthem of Greece has 158 verses.
***There are 293 ways to make change for a dollar.
***The average person's left hand does 56% of the typing.
***A shark is the only fish that can blink with both eyes.
***There are more chickens than people in the world.
LBN-QUOTE:
"I'd rather have a rectal examination on live TV by a fellow with cold hands than have a Facebook page"
-- George Clooney.
LBN-BUSINESS INSIDER:
***Money and success dont always come hand in handbut for Facebook, they finally do.
The social-networking powerhouse turned its first profit, in the second quarter of 2009, it announced Tuesday.
Advertising Age notes that the most significant aspect of the news is that Facebook has accomplished its goal without a fully developed advertising business.
The company is still tweaking how it advertises to its millions of users, and its virtual gifts products are still in the early stage.
The company at the root of Facebooks advertising revenue?
The granddaddy of them all, Microsoft.
***Finn M. W. Caspersen, a prominent philanthropist, was suspected of secreting millions of dollars at LGT, a private bank controlled by Liechtensteins royal family.
***Ben S. Bernanke said the U.S. economy was probably growing now, but it would not be sufficient to prevent the unemployment rate from rising.
***Apple Inc. said Tuesday it hired Intel Corp.'s top lawyer, Bruce Sewell, a day after the chip maker announced his departure.
***Apple said Sewell will report to CEO Steve Jobs as the company's general counsel and senior vice president for legal and government affairs.Vivek Kundra, the federal government's chief information officer, is pushing agencies to use cloud-based computing to modernize themselves, save money and become more energy-efficient.
***After three decades as one of the nations top-grossing independent restaurants, Tavern on the Green in NYC, facing a decline in profitable corporate events and tourism, filed for bankruptcy.
LBN-COMMENTARY By
MICHAEL MOORE (Oscar and Emmy-winning director ):
My crew and I had one thought in mind while we were filming Capitalism:
What if the powers-that-be refuse to give us funding for the next movie after they see what we've put in this one?
DR. KLEIN SUES:
Dr. Arnold Klein has sued Dr. Steven Hoefflin in the Michael Jackson prescription drug saga -- sued him for defamation of character.
According to the suit, Dr. Klein claims Dr. Hoefflin told The Sun in the minutes following Jackson's death, "[Dr. Conrad] Murray definitely called Klein because Klein taught him how to administer Propofol ... Murray would have counted on Klein to be the source of Propofol and guide him on its use."
Klein claims Hoefflin's conduct was "willful, fraudulent, malicious, oppressive and reckless" and was done "with the intent to injure and harm Dr. Klein."
LBN-BOOK NEWS:
***Dan Brown's "The Lost Symbol," the newly released follow-up novel to "The Da Vinci Code," has broken the first-day sales record for adult fiction at Barnes & Noble and Amazon.com.
Doubleday, part of Bertelsmann, is making a first printing of 5 million copies for the U.S. market.
***19-year-old Emmett Rensin, son of David Rensin, has made profitable use of his required reading list of the classics with the sale of "Twitterature" to Penguin U.K. and U.S.
Set for a December 2009 release, "Twitterature" answers the burning question -- what if the likes of Charles Dickens, Charlotte Bronte, William Shakespeare and Jack Kerouac had Twitter accounts?
LBN-COMMENTARY By
THOMAS L. FRIEDMAN:
Applied Materials is one of the most important U.S. companies youve probably never heard of.
It makes the machines that make the microchips that go inside your computer.
The chip business, though, is volatile, so in 2004 Mike Splinter, Applied Materialss C.E.O., decided to add a new business line to take advantage of the companys nanotechnology capabilities making the machines that make solar panels.
The other day, Splinter gave me a tour of the companys Silicon Valley facility, culminating with a visit to its war room, where Applied maintains a real-time global interaction with all 14 solar panel factories its built around the world in the last two years.
I could only laugh because crying would have been too embarrassing.
Not a single one is in America.
LAETICIA CASTA
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