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Facebook CEO Mark Zuckerberg changed his status to 'married' recently, but his social-networking website is causing a third of all divorces, a new UK survey has claimed.

According to a the survey, feuding couples are increasingly complaining about their spouse's behaviour on Facebook in divorce filings, with inappropriate messages to the opposite sex being the biggest cause for complaint.

More than 33 per cent of divorces last year listed Facebook as a contributing factor, a study of 5000 divorce petitions by UK law firm Divorce-Online found.

The figure has shot up from just 20 per cent in 2009. "If someone wants to have an affair or flirt with the opposite sex then Facebook is the easiest place to do it," Divorce-Online spokesman Mark Keenan was quoted by the 'DailyMail' as saying.

Incriminating status updates, suspicious check-ins at restaurants and inappropriate photographs being posted online were all increasingly being used as evidence in divorces.

"People need to be careful what they write on their walls as the courts are seeing these posts being used in financial disputes and children cases as evidence," Keenan said.

According to the American Academy of Matrimonial Lawyers, 80 per cent of US divorce attorneys said the number of cases using the social network had increased.

K Jason Krafsky, co-author of 'Facebook and Your Marriage', said office romances and out-of-town affairs that took months or even years to develop in the real world happened "with a lightning speed" on Facebook.

"On Facebook they happen in just a few clicks," he said. Krafsky said the social networking website differed from traditional dating websites in that it both re-connected old flames and allowed people to 'friend' someone they may have only met once or twice.

"It puts temptation in the path of people who would never in a million years risk having an affair," he said.

Even when affairs develop offline, Facebook provides a forum for couples to inadvertently arouse the suspicions of their partners.

The UK study also found couples who had already split up were using Facebook to vent about each other, posting nasty comments for all their friends to see.

Twitter only appeared in 20 of the petitions as part of behaviour allegations. Couples complained their spouses were using twitter to make insensitive comments about them.

The L Condom company is designed to deal with condom shortages in the countries where birth control and AIDS prevention is most needed, and to make safe sex easier and more fun for everyone involved.

Talia Frenkel didn’t mean to become a social entrepreneur. She was living the kind of life magazines write about: photographing disaster zones for the Red Cross and other nonprofits. On trip after trip, she began to notice a disturbing lack of condoms in the countries she visited. According to the Office of the U.S. Global AIDS Coordinator, nine out of 10 African countries with high HIV prevalence go through what’s called a condom stock-out--when stores simply run out of condoms--with stock-outs commonly lasting over two months. Those stockouts can be caused by a number of things, including poor planning, funding, or logistical problems.

“That was when I got angry,” says Frenkel. “HIV is a preventable disease, and I believe that access to condoms is a basic human right.” She decided to start a woman-focused social enterprise and harness the one-for-one model (buy one and one gets donated overseas) employed by other companies.

When Frenkel started doing research into condoms and innovation, she felt stymied by the available offerings. “I knew that going into a condom aisle as a woman, there was no innovation in the condom industry. Just the branding, the look and feel, has a kind of a false male bravado. It doesn’t resonate with a modern feel of sexuality.”That company, L Condoms, will begin shipping its product this summer. Over the past four years, Frenkel has worked to make changes in condom materials, manufacturing, and distribution to make condoms better. According to the company, if contraception were broadly available in poor countries, more than 50 million unwanted pregnancies could be averted every year. The resulting decline in unintended pregnancies would bring down costs related to maternal and newborn care by $5.1 million.

Working from offices in San Francisco and Los Angeles, Frenkel has teamed up with relief organizations in Uganda to begin distributing condoms immediately to high-risk areas. “We’re starting with the high-impact areas where condoms are needed immediately, because there’s a high HIV rate and little or no access to condoms. In many places, women sell sex for less than the price of a condom. So there we’re just distributing them freely, with peer-to-peer education.”L Condoms try to improve the materials as well as the distribution. The condoms are manufactured in Malaysia, where natural latex is produced and purified to cut down on the smell. They use new lubricants that are free of glycerin and parabens, which Frenkel says have been shown to cause urinary tract infections. The foil is square instead of rectangular, which puts less strain on the condom itself. All the packaging is simple and recyclable.

The condoms are also being distributed to women-owned enterprises who sell them for affordable prices, creating sustainable livelihoods.

Frenkel is also working with sororities, fraternities, and co-ops in the U.S. to sell monthly condom subscriptions. For each condom bought, one will be donated to students in African universities. “I really wanted to focus on the idea of one-for-one, but we also wanted to provide a better product than what’s out there.”

Oracle Spends $300 Million Buying Vitrue, A Social Marketing Firm
TechCrunch reports that Oracle has just spent $300 million buying Vitrue, a smallish firm that's an expert in social media-based marketing--though the news has been confirmed by press release, the price remains officially undisclosed. Vitrue was said to be on course for revenues near $100 million this year, and is seen as a go-to name for big firms keen to attract Facebook fans and leverage platforms like Facebook or Twitter to spread news. Oracle, of course, is one of the older big names associated with IT and the Net.

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Petrol prices have been increased by Rs 7.50 a litre from midnight. The increase was on the cards with the rupee continuing its free fall against the US dollar. The rupee fell to a record life low of 56 per dollar on Wednesday.

Oil companies had already told the government that wanted to hike petrol price by at least Rs 4 per litre.

Earlier on Tuesday, Petroleum Minister S Jaipal Reddy had said that there was an immediate need to raise fuel prices, but refused to say when the hike would actually take place.


The government had decontrolled petrol price in June 2010 but rates were last increased on November 4 last year. This despite oil price rising by 14 per cent and 7 per cent fall in value of rupee against the US dollar.

Price of diesel, kerosene and cooking gas were raised in June 2011.

State-owned oil firms, who had in the fiscal ending March 31, 2012 lost Rs 4,860 crore on petrol sales, are currently losing Rs 6.28 per litre on petrol.

Scandal Brewing Over Facebook's Actions At IPO

According to Reuters, a scandal is brewing over Facebook's actions in the hours before its IPO last Friday. Attention is focused on why underwriters revised their revenue forecasts down during the Facebook IPO roadshow, because this is a highly unusual move that casts a very negative light on Facebook. Other reports at Business Insider suggest that three underwriters who downgraded their revenue projections did so at the behest of a Facebook executive who'd had knowledge of weaker than expected Q2 performance. This information was then conveyed to selected institutional investors, in order that they may protect their income, but not broadcast to the entire investment community. Details are not forthcoming, and BI notes all parties have declined to comment. At the least this news is an uncomfortable PR matter at a critical moment, and at worst the SEC and FINRA may find Facebook guilty of financial misconduct.

Indian Rupee has shown a steep slide against dollar and tumbled to 56 mark. it has put a lot of pressure on Government and RBI regarding how to curb its downside and save currency.

As a part of its implications, government has to raise a fuel prices although the crude price has cooled off from $125 a barrel to $107 a barrel. Currency barrier is preventing India to benefit from low price crude oil. In march, UPA government was resisting to hike petrol prices, due to political turmoil and inflation pressure. India's deficit was at record due to the fuel subsidies and government wasn't able to accord in Parliament regarding fuel price hike.

Now, crude has come down to $107 but unfortunately, deficit burden won't be reduced as currency devaluation. India can't take advantage of falling crude price and the direct impact would be rising inflation. RBI was helpless to spur growth as rising inflation hinders any loosening monetary policies.

Gold as a safe heaven, it has tumbled in global markets but rupee valuation keep it rising and haven't even moved down a little. Due to currency devaluation, USD traded commodities are rising and putting pressure on inflation.

The game is being complicated now, as government is already struggling to keep an accord amongst their alliances and prevent early Lok Sabha polls. Stock markets were tumbling as analysts foresee early polls. Fuel subsidy expand deficit, means can't meet the budget goal. Loosing faith in foreign investors. Inflation to rise if Fuel prices will be hiked. Slowdown will hit manufacturing sector. Small industries won't survive. Banks' NPA will rise or they might tighten credit to the consumer. Its a vicious cycle, which might lead India for hard landing. For Investment purpose, It will be difficult to gain returns in coming years as markets will loose ground and investor confident. Alternative to equity investment, FDs will beat the equities in coming years. Its a research note released by our team.

What RBI can do?

It is time for RBI to take the "ultimate weapon" by announcing sovereign bond issuance to the tune of not less than USD 20 billion; keep selling dollars in the market to take out excessive "long dollar" positions in the market and announce Rs 1 trillion of OMO bond purchases to absorb resultant rupee liquidity squeeze in the system.

What's the impact on the market?

Germany attracted healthy demand from investors wanting to lend to the country on Wednesday despite offering no interest payments at a two-year bond sale, as worries about a Greek euro exit heightened demand for safe-haven assets.

The lack of coupon failed to deter buyers worried that a new Greek government will reject the terms of the country's bailout, possibly forcing it to ditch the euro. Contagion from a so-called Grexit could pile pressure on other euro zone strugglers.

Germany sold 4.56 billion euros ($5.8 billion) of the new two-year bonds, which carry a zero percent coupon, and with an average yield of just 0.07 percent, it was almost free money for the country.

"(It) was a strong auction, with some overbidding which is not always the case in German auctions, so clearly there were some investors who see value in the Schatz at a near-zero yield," said Credit Agricole rate strategist Peter Chatwell.

The ultra-low borrowing cost is in stark contrast to rising borrowing costs in countries engulfed in the euro zone debt crisis.

For example, yields on benchmark two-year Spanish and Italian bonds, which reflect borrowing costs, are 4.12 percent and 3.58 percent respectively, while France paid investors a yield of 0.74 percent at a two-year bond sale last week.

Moreover, with German government bond yields falling over the last year to record lows and with euro zone inflation at an annual rate of 2.6 percent last month, investors are losing money in real terms.

Bids at the sale were worth 1.7 times the amount on offer, in line with the average at similar auctions this year.

A Brazilian airline says one of its female pilots tossed a passenger off a flight because he was making sexist comments about women flying planes.

Trip Airlines said in a statement on Tuesday that the pilot rejected the man before takeoff as he made loud, sexist comments upon learning the pilot was a woman. The jet continued on to the state of Goias after a one-hour delay.

The passenger involved in Friday's incident has not been identified. He was met by police at the plane and escorted out of the Belo Horizonte airport. Police at the airport have not responded to calls and it isn't known if the man has been charged with anything.

Trip says it won't tolerate disparaging remarks made about any of the 1,400 women working for the airline.

Finnish Mobile Game developer, Rovio Mobile is set to release new Angry Birds Heikki game on June 18 this year. The new Angry Birds Heikki is teased at the landing page at - http://heikki.angrybirds.com and no details have been mentioned on the page.

From the images placed on the landing page, it is quite evidential that Rovio might introduce Angry Birds Heikki game in order to support and honour the Finnish Formula One Driver - Heikki Kovalainen.

Rovio had recently announced Angry Birds game that was centred on Space. Following that, Rovio is already ready to release Angry Birds Heikki which might be Formula One Themed game. The strategy based Puzzle Game by the Finnish Developers certainly has seen number of variations already.

Starting off with the Angry Birds Season, Rovio later released Angry Birds Rio and finally the Angry Birds Space. Now the company plans to release Angry Birds Heikki which might be limited just to the web browsers. On clicking one of the Social Network sharing buttons, the link automatically generates an image of a helmet.

So the Angry Birds Heikki will be the quest for the birds to hunt and rescue the Heikki Kovalainen's helmet from the snarky pigs. As of there are no details about the platforms on which this game would be released.