Thursday, May 17, 2012

How Mark Zuckerberg Hacked the Valley

SACRAMENTO, CA., May 17, 2012 /JHCNewswire/ --In 2006, when he was 22, Mark Zuckerberg gave up writing computer code to focus on managing his rapidly growing startup. 

Like Jim Brown retiring from football at 29 or E.M. Forster abandoning the novel in his forties, the prodigy who programmed the very first version of Facebook was walking away from his transcendent talent. Or so it seemed. A few years later, Zuckerberg began setting annual tests of discipline for himself, vowing to wear a tie to work every day in 2009, learn Mandarin in 2010, and personally kill any animal he ate in 2011. Earlier this year, unbeknown to all but a few friends and co-workers, he gave himself a new challenge with unknown ramifications for what is soon to be Silicon Valley’s newest public company. Mark Zuckerberg pledged to return to his roots and spend time programming each day.
Zuckerberg’s true skill has always been a facility for hacking. That’s a foundational verb at Facebook, to hack. In its offering prospectus, Facebook repeatedly describes its corporate culture as “the hacker way”; on its new campus, a 57-acre office park abutting San Francisco Bay in Menlo Park, Calif., there’s a building with a big sign that reads “The Hacker Company.” Those slogans don’t mean Facebook is teaming up with Anonymous or breaking into NORAD. They’re talking about achieving a goal in an unconventional way.

read more
http://www.businessweek.com/articles/2012-05-17/how-mark-zuckerberg-hacked-the-valley

Mark Zuckerberg of Facebook photo courtesy of  Businessweek Photo by Carlos Serrao 

The Source is teaming up with The Shabazz family and The Malcolm X Foundation


The Source is teaming up with The Shabazz family and The Malcolm X Foundation to help present the 1st annual Malcolm X Day weekend and all of you are invited. 

On Saturday, May 19, 2012, The Shabazz Family and the recently revived Malcolm X Foundation will  host a day-time block party festival to both honor and celebrate El-Haj Malik El Shabazz's 87th birthday, declaring "MAY 19 IS MALCOLM X DAY!"
This "MAY 19 IS MALCOLM X DAY" event will be held at West 165th Street, between Broadway (Dr. Betty Shabazz Way) and St. Nicholas Avenues. The Event will commence at 12Noon and end at 5PM. The annual program will immediately follow in The Malcolm X & Dr. Betty Shabazz Memorial and Educational Center, located at 3940 Broadway (between W 165th and 166th Streets). 

Great organizations thrive on diversity of thought and ideas.

SACRAMENTO, CA., May 17, 2012 /JHCNewswire/ --  Stating the obvious? You’d be surprised. 

Human nature has a way of congregating like-minded individuals with similar backgrounds. 

I was reminded of this recently when speaking at music event that was explicitly targeted at encouraging students from the music business and production engineering schools to network with one another.  I wanted to get a sense of the audience at the outset and asked how many people were from the production engineering school.  The show of hands indicated that about half the students were studio engineers, but interestingly, they were almost all on the one side of the auditorium while the music business students were on the other.  There’s a strong natural pull to remain around those with whom you share similar perspectives and philosophies.  When building a company this is a pull that you must work to resist.

Assuring diversity of thought is a crucial, common sense strategy that frequently is overlooked in businesses.  This can be especially true among early-stage companies where the founders - often former colleagues with similar backgrounds – are creating the underlying foundation of the company and outlining its strategies for success.  

Successful companies create a culture in which embracing a variety of perspectives and ideas is an integral part of the business, from strategic planning to daily decision-making. Having a staff as wide as it is deep in perspective with varying backgrounds and experience enables companies to embrace a multitude of voices and, in the end, make better decisions.   

Wednesday, May 16, 2012

Stocks to Watch: LTD, JACK & More


 Wednesday, 16 May 2012 | 4:59 PM ET//: Check out which companies are making headlines after-the-bell Wednesday:

Limited Brands [LTD  47.96    -0.09  (-0.19%)   ] - The parent company of Victoria's Secret posted a profit of 41 cents, edging past expectations for 40 cents a share. Revenue came in line at $2.15 billion. However, the company handed in a second-quarter and full-year guidance that disappointed, pushing shares lower in extended-hours trading. (Click here for after-hours quote.)

Jack in the Box [JACK  22.45    -0.16  (-0.71%)   ]The fast-food chain posted earnings of 48 cents a share, beating expectations for 38 cents a share. Revenue was in line at $507 million. In addition, the firm handed in a full-year guidance that was modestly better than expectations. Shares were higher in thin volume after being briefly halted in extended-hours trading. (Click here for after-hours quote.)

SemGroup [SEMG  29.93    -0.62  (-2.03%)   ] and Noble Energy [NBL  83.82   -1.18  (-1.39%)   ] - The two energy companies agreed to build a new crude oil gathering system in Colorado. (Click here for after-hours quotes.)

Boyd Gaming [BYD  6.98    -0.01  (-0.14%)   ] - The company said it has entered talks to buy Peninsula Gaming in a deal worth nearly $1.45 billion. Shares of Boyd slipped in extended-hours trading. (Click here for after-hours quote.)

Primerica [PRI  24.07    0.12  (+0.5%)   ] - The financial services company increased its quarterly dividend to 5 cents from 3 cents. (Click here for after-hours quote.)

HollyFrontier [HFC  29.57    1.21  (+4.27%)   ] - The petroleum refiner boosted its quarterly dividend by 15 cents a share from 10 cents a share and announces special dividend of 50 cents a share. (Click here for after-hours quote.)

JHC Insider Stocks Watch

Saluting more than 23 million military veterans

SACRAMENTO, CA., May 16, 2012 /JHCNewswire/ -- Saluting more than 23 million military veterans, 3.4 million police and fire rescue personnel and beyond.

"Often uniformed service members are the unsung heroes within our communities," said Kamal Jabbar, vice president and general manager. "At Jefferson Holdings, LLC, we not only honor their commitment to community and country.  J Holdings has a long-standing history of supporting our military and those in uniform,  and also takes great pride in demonstrating our continued gratitude for the service and sacrifice they and their families make, home and abroad, each day."
(C) 2012 Jefferson Holdings, LLC. All Rights Reserved.


Leading integrated Digital Music Retailer

SACRAMENTO, CA., MAY 2012/// PRNewswire//: Jefferson Holdings, LLC (JHC) is a leading integrated digital music retailer with in the United States and Canada.

Jefferson Holdings, LLC (JHC) is a leading integrated digital music retailer with in the United States and Canada and the home of, a social shopping experience where members have the ability to purchase digital books, music  and apps, as well as, receive benefits across a wide variety of physical and digital formats through; www.palacemusicgroup.com

Key proprietary brands include itunes, AmazonMP3 and Rhapsody.  We are the independent artist's largest provider of music services. Jefferson Holdings, LLC operates through its subsidiaries, including Palace Music Group, LLC, and Co. and Palace Music Publishing Corporation.


(C) 2012 Jefferson Holdings, LLC

Monday, May 7, 2012

Jefferson Holdings, LLC values honesty and integrity

Jefferson Holdings, LLC (“JHC” or “Company”) values honesty, integrity and adherence to the highest ethical standards. 


As associates, each of us has a responsibility for upholding these values and maintaining a commitment to basic principles of business ethics and good judgment. As part of this commitment, JHC has instituted a series of policies and procedures to reaffirm its dedication to the highest ethical standards.

Attached is the JHC Code of Conduct. The Code applies to all officers and associates of the Company and its wholly-owned subsidiaries, including Palace Music Group, LLC and their subsidiaries. The Code embodies our values and sets forth the principles to guide our behavior. It is important for each of us to fully understand these principles and to commit ourselves to them in all our business activities. It is up to each of us to ensure that all of our business relationships are conducted with integrity and honesty and reflect the letter and spirit of the Code. A good starting point is to act with integrity in everything you do and to never engage in behavior that would undermine the reputation of JHC, your peers or yourself. If you would be ashamed to have your friends and family read about what you did at work today in tomorrow morning’s newspaper, then don’t do it.

This Code of Conduct reflects our values and defines the common sense behaviors required of all of us to ensure that JHC maintains legal and ethical business practices.

We believe abiding by the Code will make JHC a better, more profitable company.

Kamal D. JABBAR
Chairman
Jefferson Holdings, LLC

Kamal D. JABBAR
Chief Executive Officer and President
Jefferson Holdings, LLC


Jefferson Holdings Co., LLC a diversified financial holding company.

JEFFERSON HOLDINGS, LLC (JHC) was formed as a diversified financial holding company. 

The purpose of the company is to facilitate the acquisition of existing companies and provide additional capital to continue and in crease the volume and the profitability of the acquired companies.

The overall business model created by establishing and funding this holding company effectively creates a complete business solution platform of unlimited marketing opportunities.This platform combines certain naturalrelationship marketing synergies andenables the combined companies to provide a wide variety of complete technology solutions at cost savings to the client.

Acquire an Internet Digital Music Download Service Provider:

JEFFERSON HOLDINGS, LLC acquired 100% of Palace Music Group, LLC, an Internet Digital Music Download Service Provider (IMDSP) company from ***** J******** last year in exchange for #,###,### shares of common stock of JHC. The company intends to enter into a marketing plan to expand Palace Music Group's customer base and drive additional recurring revenue. Palace Music Group, LLC presently yields a revenue stream of approximately $###,### annually and requires a record keeping and billing expense of approximately $##5,##0 annually. Expanding the marketing base of the company will yield increased profits proportionately as the revenue stream increases and the expense factor is held at minimal levels through consolidation of the record keeping merging into the overall operations of the holding company.


(C) 2012 Jefferson Holdings, LLC. All Rights Reserved.