Social video startup Viddy lays off a third of its staff

Social video startup Viddy has laid off a dozen employees, or about a third of its work force, as it faces competition from a Twitter app.

The cuts come less than a month after the firing of co-founder and CEO Brett O'Brien, who was rumored to have turned down a buyout offer from Twitter. In a statement, Viddy's board confirmed the staff reductions, which will reportedly focus on marketing and operations:

As the board continues to review Viddy's business, we've identified specific ways to streamline costs which include eliminating some positions. These changes will allow the Viddy team to be focused on bringing the most innovative and engaging social mobile video product to market. Viddy has a strong balance sheet and an exciting product roadmap ahead, including an upcoming new product release, and we have the right team in place to execute moving forward.

Engineers deemed key to development of future products will reported stay with the company, which will be run by co-founders J.J. Aguhob and Chris Ovitz.

Billed as the Instagram of video, the company's apps allow mobile devices to capture and share 15-second video clips that can be enhanced with video and audio filters. The Venice, Calif.-based startup announced in December that it had 40 million users.

However, Viddy has faced increased competition for the past couple of weeks from Vine, an app that Twitter acquired in October and launched last month.

(Via TechCrunch)

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Oscars 2013: Stars dazzle on the red carpet

Stars dazzled on the Oscars red carpet Sunday night in Los Angeles, wearing shades of red and blue, along with neutral tones -- and practically everything in between.

67 Photos

Oscars 2013: Red carpet

"Silver Linings Playbook" actress Jennifer Lawrence opted to wear her hair pulled back as she walked the red carpet in a strapless white Dior Haute Couture gown, reminiscent of a bride's dress. While speaking with host Kristin Chenoweth on ABC's red carpet pre-show, Lawrence mentioned how she was excited to see Sally Field and her new buddy Laura Dern at the Oscars.

Nine-year-old actress Quvenzhane Wallis donned a blue Armani Junior gown, and of course, carried her pooch purse, which has become her staple on the red carpet.

Jessica Chastain, in a stunning Armani Prive gown and vintage Harry Winston jewelry, told the story behind her dress choice. "It came down to old Hollywood for me," she said, adding, "What I love so much about this dress is the pink beads and underneath it's copper."

Chastain wasn't the only actress wearing Armani; Naomi Watts also chose the designer for her beaded gown.

Kerry Washington walked the red carpet in a Miu Miu dress, Christian Louboutin shoes, a Prada bag, earrings by Chopard and a Fred Leighton ring. When asked about her dress' interesting hue, Washington described it as "Coral-ly, red, hot pink and copper...I can't really put a name on the color."

Amanda Seyfried, wearing a fitted Alexander McQueen dress, said on the red carpet, "I can't sit down and I feel like my organs are being pulled out of my body slowly."

"Lincoln" star Field stood out in a red gown, while Jennifer Aniston, also in red, said her Valentino gown felt "very princess." Reese Witherspoon opted for a strapless bright royal blue number with black across to the top, designed by Louis Vuitton. "I saw this dress and I just loved the color, " said Witherspoon, who also donned Louis Vuitton jewelry.

Amy Adams, meanwhile, sported a flowing Oscar de la Renta powder blue dress with tiered layers throughout the large ballskirt.

Prada was a last-minute decision for Anne Hathaway, who said she decided on her blush-colored dress only three hours before her red-carpet arrival. She paired her gown with a sparkly Tiffany necklace.

Jennifer Garner, in a strapless plum Gucci gown, did a bit more planning, telling, Chenoweth, "They made it for me...I loved this from the minute I saw the first sketch."

Halle Berry, in a black and silver-striped Versace dress, said she wanted to go "as a Bond girl to the Oscars."

Gold also made its way onto the red carpet. Rennee Zellweger chose a gold Carolina Herrera gown, one of her favorite designers and one she describes as "easy" to wear.

"Skyfall" songstress Adele, sporting a black gown, joked, "My dress weighs 50 kilos."

Tell us: Who was your favorite on the red carpet?

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Oscars 2013 Live Blog: Argo Wins Best Picture

Feb 24, 2013 1:13pm

11:55 p.m. ET: Drum roll please! And the Oscar for Best Picture goes to “Argo.”

11: 52 p.m. ET: Surprise! The Academy brings out first lady Michelle Obama to help Jack Nicholson introduce the nominees for Best Picture.

11:44 p.m. ET: Daniel Day-Lewis wins Best Actor, as expected for his portrayal of Abe Lincoln in “Lincoln.” Lewis cracks a joke in his acceptance speech, saying he was supposed to be cast as Margaret Thatcher and presenter Meryl Streep was the first choice for Lincoln. “Meryl Streep was Steven’s first choice to play Lincoln… I’d like to see that version,” Lewis says.

11:43 p.m. ET: Jennifer Lawrence wins Best Actress for “Silver Linings Playbook” and takes a tumble on the way up the stairs to claim her statuette. She brushes it off like the leading lady she is, but keeps the speech very short. Co-star Bradley Cooper’s face is glowing with excitement.

11: 37 p.m. ET: Best Actress category is up next. See how each of these leading ladies — and girl — stacked up on the red carpet. (And a very happy birthday to nominee Emmanuelle Riva, who turns 86 today).

Credit: Getty Images

11: 33 p.m. ET: Best Director goes to Ang Lee for “Life of Pi.” It’s his second Oscar win.

11:32 p.m. ET: Four more awards to go!

11:26 p.m. ET: Oscar for Best Original Screenplay goes to Quentin Tarantino for “Django Unchained.” “This will be the writer’s year, man,” a slightly rambling Tarantino says in his acceptance speech after evading the playoff music.  Tarantino also won Best Screenplay at the BAFTAs and the Golden Globes. “Django Unchained” is

11:24 p.m. ET: “Argo” wins Best Adapted Screenplay.

PHOTO SPECIAL: Our Best and Worst Dressed List

Image credit: Getty Images

11:16 p.m. ET: Frontrunner Adele wins Best Original Song for “Skyfall.” The singer gets emotional in her short acceptance speech and thanks her hubby: “My man, I love you baby.”

11:10 p.m. ET: Best Original Score goes to “Life of Pi.” (More praise for Ang Lee).

11:07 p.m. ET: The stars of “Chicago” take to the stage to mark the tenth anniversary of “Chicago” winning Best Picture. “We’re concerned tonight’s show isn’t gay enough yet,” MacFarlane quipped.

11:00 p.m. ET: Music legend Barbra Streisand is singing “The Way We Were” as a tribute to the late composer Marvin Hamlisch. She’s still got it! (Fun fact: Hamlisch composed the very first “GMA” theme song.)

10: 57 p.m. ET: George Clooney gets the honor of presenting the In Memoriam package. “We thank you for the memories,” the star says. More here from Oscars.com.

MORE: Clooney and Stars Sport Stubble on the Red Carpet

10: 49 p.m.: “Lincoln” wins Best Production Design.

READ MORE: Full Wrap of the Oscars

10: 47 p.m.: Dubbed “boy wizard” and “girl vampire” by MacFarlane, Daniel Radcliffe and Kirsten Stewart present the award for Achievement in Production Design. Stewart is sans the crutches she was sporting on the red carpet earlier. Read all about it here, including what Anne Hathaway reportedly said to Stewart before she went on stage.

Watch Live Oscars Coverage Here

10: 44 p.m. ET: Nicole Kidman introduces the third batch of Best Picture nominees — “Silver Linings Playbook,” “Django Unchained” and ”Amour.”

10:35 p.m. ET: The unstoppable Adele performs her hit “Skyfall.” Our eyes are glued to the TV as our everyone’s backstage, including winner Anne Hathaway, Entertainment Weekly’s Jess Cagle tweeted. There have been some serious performances tonight.

Image credit: Kevin Winter/Getty Images

10: 33 p.m. ET: “Argo” wins Film Editing.

10: 32 p.m. ET: “Editors make so many of us look way better than we ever had a right to,” Sandra Bullock says before presenting the award for Best Film Editing.

10:23 p.m. ET: No surprise! Anne Hathaway takes home Best Supporting Actress. “It came true,” she says, clutching the statue.

Image credit: Kevin Winter/Getty Images

10:20 p.m. ET: Best Supporting Actress time … finally!It’s between Amy Adams, “The Master”; Sally Field, “Lincoln”; Anne Hathaway, “Les Miserables”; Jacki Weaver, “Silver Linings Playbook”; Helen Hunt, “The Sessions.”

10:15 p.m. ET: “We have a tie,” Mark Wahlberg said before announcing the award for Best Sound Editing. The first one goes to “Zero Dark Thirty.” The second one goes to “Skyfall.” Is a tie allowed, you ask? It’s not the first in Oscars history.

Credit: Kevin Winter/Getty Images

The most famous was in 1986 when Barbra Streisand and Katharine Hepburn tied for Best Actress, but there were five in total: Best Actor category in 1949, Best Documentary Short Subject in 1968, Best Actress in 1986, Documentary Feature in 1994, and Live Action Short Film, ABC News’ Alexis Shaw reports. Read all about it here.

10:13 p.m. ET: Ted wouldn’t be Ted without a Jewish joke. The bear asks Mark Wahlberg if he’s Jewish because he has “a berg” at the end of his name.  ” Wrong answer. Try again. If you want to work in this town… ” he says. “I was born Theodore Shapiro…”

10:11 p.m. ET: Ted is in the house. The stars of MacFarlane’s box office hit, “Ted,” Mark Wahlberg and Ted, presented the award for Sound Mixing to “Les Miserables.”

Image credit: Getty Images

10:01 p.m. ET: The cast of “Les Miserables” is singing “One Day More.” Anne Hathaway stole the show, as expected.

9:59 p.m. ET: No words. Jennifer Hudson is breaking it down with “Dreamgirls’” “And I’m Telling You.”

Credit: Kevin Winter/Getty Images

9:53 p.m. ET: The movie musical tribute is off to a killer start with Catherine Zeta-Jones’ performance of “All That Jazz” from “Chicago.”

9:50 p.m. ET: Best Foreign Language Film is “Amour.”

9:44 p.m. ET: “Searching for Sugar Man” takes home Best Documentary Feature. Jaws music creeps in again … (An aside: there’s an official Twitter handle for Jaws music already with one tweet: “GET OFF THE STAGE!!!!!!!!”)

Full List of Winners

9:42 p.m. ET: MarFarlane gets some laughs at the expense of Ben Affleck and Jessica Chastain. On Affleck’s facial hair: “The first time I saw him with all that facial hair I thought finally the Kardashians have made the jump to film.” On Jessica Chastain’s character in “Zero Dark Thirty” — a movie about a “woman’s innate ability to never let anything go,” he jokes.

9:40 p.m. ET: Second batch of Best Picture nominees — “Argo,” “Lincoln,” “Zero Dark Thirty” – get their moment in the spotlight.

9: 36 p.m. ET: Best Documentary Short Subject goes to “Inocente.”

9: 33 p.m. ET: Shawn Christensen of “Curfew” wins for Live Action Short Film. Stars of “Django Unchained” Kerry Washington and Jamie Foxx present.

9:27 p.m. ET: Standing ovation for Shirley Bassey singing “Goldfinger.” Thoughts on her performance?

9: 22 p.m. ET: Bond… James Bond! A ravishing Halle Berry takes to the stage in Marchesa for the Academy’s tribute to 50 years of James Bond films.

9:20 p.m. ET: “Les Miserables” picks up Best Makeup and Hairstyling.

9:18 p.m. ET: Jennifer Aniston and Channing Tatum Best Costume Designgoes to Jacqueline Durran for “Anna Karenina.” Click here to see her Oscar-winning costumes.

9:11 p.m. ET: And they’re playing people off with Jaws music. Hilarious and brilliant. Nicole Kidman mouths from her seat: “Poor thing.”

9:10 p.m. ET: That’s two for “Life of Pi.” The film picks up another win for Visual Effects.

9:07 p.m. ET:The Best Oscar for Cinematography goes to… Claudio Miranda for “Life of Pi.” The cast of “The Avengers” hands out the award.

Full List of Winners

9:05 p.m. ET: MacFarlane jokes about nine-year-old Quvenzhane Wallis’ age. “It’ll be 16 years till she’s too old for George Clooney.”

9:03 p.m. ET: Reese Witherspoon just gave us a briefing on the three of the Best Picture nominees: “Les Miserables,” “Life of Pi,” and “Beasts of the Southern Wild.” That song from “Les Mis” — “Do You Hear the People Sing?” — is now in my head.

9:00 p.m. ET: Best Animated Feature Oscar goes to….”Brave.”

8: 58 p.m. ET: “Paperman” wins Best Animated Short.

8: 58 p.m. ET: Paul Rudd and Melissa McCarthy lost us in their intro to animated short film.

8: 51 pm. ET: And the Oscar for Best Supporting Actor goes to Christoph Waltz in “Django Unchained.”

Credit: Chris Pizzello/AP

8:49 p.m. ET: Every nominee for Best Supporting Actor already has an Oscar under his belt.

8: 42 p.m. ET: Another musical number with Daniel Radcliffe and Joseph-Gordon Levitt. And then we got a little Disney music too with “Be Our Guest,” which finally scored MacFarlane the “Best Oscars host ever” headline.

Credit: Robyn Beck/AFP/Getty Images

8: 39 p.m. ET: Channing Tatum and Charlize Theron are dancing to MacFarlane singing “The Way You Look Tonight.” A shame not to see the “Magic Mike” star shirtless though.

Credit: Mark Davis/Getty Images

Image credit: Robyn Beck/AFP/Getty Images

8:38 p.m. ET: Captain Kirk from “Star Trek” has descended on the stage to warn MacFarlane that he’s about to ruin the Oscars and be branded the worst Oscar host ever. “The show is a disaster. I’ve come back in time … to stop you from ruining the Academy Awards,” William Shatner says. “You sing an incredibly offensive song that upsets a lot of women in the audience.” Cut to MacFarlane singing “We Saw Your Boobs,” a hilarious number referencing when we’ve seen actresses nude in movies.

Image credit: Robyn Beck/AFP/Getty Images

8:35 p.m. ET: MacFarlane pokes fun at Daniel Day Lewis’ method. “Your process fascinates me. You were totally 100% in character in Lincoln… So if you saw a cell phone, would you have to be like, ‘Oh god, what’s that?’ If you bumped into Don Cheadle on the studio lot, you’d try and free him on the studio lot.”

8: 32 p.m. ET:  Too much? MacFarlane compared “Django Unchained” to Rihanna and Chris Brown’s relationship.

8:30 p.m. ET: Seth MacFarlane is on stage and quips: “The quest to make Tommy Lee Jones laugh begins now.”

8:27 p.m. ET: The stars are seated and the show is about to start. A lot of anticipation about Seth MacFarlane’s opening monologue. Channing Tatum is tweeting that he’s getting ready to take to the stage: “Hope you like what we’ve been working on. Getting ready to hit the #Oscars stage! Wish me luck!” Will there be a musical number right off the bat?

8:20 p.m. ET: Strapless is definitely a trend of the night. We’ve also seen a lot of beauties in blue.

Image credit: Getty Images

8: 15 p.m. ET: We’ve confirmed that Best Supporting Actress nominee Helen Hunt is rocking … H&M! “The Session” actress is in a  custom made midnight-blue full length gown is silk satin gown (also strapless). 

8:14 p.m. ET: Anne Hathaway is talking about her dress. “My mom says it’s business in the front, party in the back.”

8:08 p.m. ET: Do Jacki Weaver and Olivia Munn share a stylist? ABC News’ Alexis Shaw spotted the Best Supporting Actress nominee and Munn in eerily similar crimson gowns with matching gold embellishment on the top. Click here for more.

Credit: Jason Merritt/Getty Images

8:05 p.m. ET: Kristen Stewart is sporting crutches on the red carpet. Might be because she took home the Worst Actress Razzie award last night for “Twilight Saga: Breaking Dawn — Part 2.”

Credit: Christopher Polk/Getty Images

8:00 p.m. ET: The show is now officially a half hour away. In honor of Oscar night, the President tweeted this picture from a White House movie night.

Image credit: Twitter/BarackObama

7: 52 p.m. ET: “Les Mis” star and Best Actor nominee Hugh Jackman just picked up pre-show host Kristin Chenoweth on the red carpet and said she weighs less than an Oscar. Not really though…Each nearly 14-inch-high statue weighs 8.5 pounds and costs $500 to make. Get more Oscar trivia here.

7:40 p.m. ET: If there’s one star you can count on to look fabulous, it’s Jennifer Aniston.  She’s in a Valentino red strapless gown and has fiance Justin Theroux at her side. They’re in the running for Hollywood’s hottest couple on the red carpet.

7:38 p.m. ET: Bradley Cooper brought his mom as his date. She’s rocking a shrug with serious feathers and what look like sneakers with her gown. Cooper is up for Best Actor in “Silver Linings Playbook.”

7:34 p.m. ET: Reese Witherspoon is in head to toe Louis Vuitton. The presenter’s black and royal blue gown with side-swept hairdo scream old Hollywood glamor. Click here.

Credit: Kevin Mazur/WireImage/Getty Images

7: 28 p.m. ET: Fashion miss: Jane Fonda is slightly blinding in bright yellow.

7: 24 p.m. ET: Best actress nominee Naomi Watts is in a gunmetal Giorgio Armani gown in grey sequins. Does she make your best dressed list? See more arrivals here.

7:20 p.m. ET: Anne Hathaway’s dress may raise eyebrows tonight. The “Les Miserables” star is in a backless, halter dress that appears slightly sheer on the red carpet.

Credit: Jason Merritt/Getty Images

7:18 p.m. ET: We can’t get enough of Quvenzhane Wallis. The “Beasts of the Southern Wild” star has her mom’s permission to stay out a little bit later tonight, she told Lara Spencer on the red carpet.

Credit: Kevin Mazur/Getty Images

7:15 p.m. ET: “I feel super tucked in,” Amanda Seyfried said of the corset in her Alexander McQueen gown. “I can’t sit down.” The “Les Miserables” star is performing tonight. Hope she can breathe on stage.

7:07 p.m. ET: Another star goes strapless. Jennifer Lawrence, who’s up for Best Actress in “Silver Linings Playbook,” is in a blush Dior Haute Couture gown with a full skirt.

Credit: Steve Granitz/Getty Images

7:01 p.m. ET: ABC’s pre-show is kicking off! “Red carpet is 500 feet long. That’s about 2,000 of me,” Chenoweth joked. Tune into ABC now and get a behind-the-scenes look via Backstage Pass on the Oscar App.

6:56 p.m. ET: The red carpet is packed, but not everyone is making it through the notorious L.A. traffic. Mark Ruffalo is running late. The actor, who’s presenting tonight, tweeted to the Academy: “Dear @TheAcademy. We are running a good deal behind would you mind starting a little later this year? Mark and Sunrise Ruffalo.”

Credit: ABC News

6:49 p.m. ET: Presenter Kerry Washington is in Miu Miu. The “Django Unchained” and star “Scandal” star always keeps us guessing and never fails to impress.

The Best Apps for Hollywood’s Big Night

6:44 p.m. ET: Who are you most excited to see on the red carpet? What will be the meme of the night? Angelia Jolie’s right leg stole the show last year and Twitter is reminding us. “1 year ago today you met the glorious thing that is ME #neverforget,” @Angelina Jolie’sLeg posted.  

6:35 p.m. ET: The reigning “Sexiest Man Alive” Channing Tatum and a pregnant Jenna Dewan are both glowing on the red carpet. See them canoodling here.

6:25 p.m. ET: Amy Adams looks ethereal in a seafoam green Oscar de la Renta strapless dress. She’s up for Best Supporting Actress for “The Master.”

Credit: Frederic J. Brown/AFP/Getty Images

PHOTOS: Oscar Red Carpet Arrivals

6:22 p.m. ET: Cutest moment of the red carpet so far, as captured by the Academy. Nine-year-old Quvenzhane Wallis, nominated for “Beasts of the Southern Wild” shows off her puppy-shaped purse to fellow Best Actress nominee Jessica Chastain. It’s reportedly named Sammy after her dog at home.

Credit: @TheAcademy/Twitter

6:10 p.m. ET: The winners have arrived, WABC’s Sandy Kenyon reports! In these briefcases are the top secret ballots from the Academy. Read more here.

Credit: Twitter/SandyKenyon7

5:56 p.m. ET: “GMA” anchors Robin Roberts and Lara Spencer smile backstage before the red carpet heats up.

Credit: ABC

5:42 p.m. ET: ABC pre-show hosts Kristin Chenoweth and Kelly Rowland have arrived on the red carpet and are looking fabulous in black and white.

Credit: Jason Merritt/Getty Images

5:30 p.m. ET: See what the stars see as they walk down the grand staircase to the red carpet at the Dolby Theatre. This cool 360 view is courtesy of the Academy.

5:15 p.m. ET: Get your Oscar party on. Impress your friends with these movie-themed recipes and cocktails. We could go for some Spinach “Argo-choke Dip” right about now…

Oscar 2013: Movie-Themed Recipes
9 Cocktails for Your Oscar Party

5:00 p.m. ET: “GMA” anchor Robin Roberts is back and looking better than ever! Roberts, who returned to the morning show Wednesday after undergoing a bone marrow transplant to treat MDS, will be on the red carpet tonight. “To my wonderful, beloved #TeamRobin … This one’s for you. XO,” she tweeted. She’s in a cobalt blue velvet halter gown from designer Marc Bouwer.

Credit: Twitter/RobinRoberts

4:44 p.m. ET: We’re less than an hour away from red carpet arrivals. “Good Morning America” anchor Lara Spencer is getting red-carpet ready to host the Oscar pre-show.  “Hair + Make-up = Butterflies!” @LaraSpencer tweeted. Spencer, actress Kristin Chenoweth, Entertainment Weekly’s Jess Cagle and singer Kelly Rowland will have interviews with all of the stars, starting at 7 p.m. ET/4 p.m. PT on ABC.

Credit: Twitter/LaraSpencer

1:15 p.m. ET: Hollywood’s biggest night of the year is officially here: the Oscars. Funnyman Seth MacFarlane is hosting the 85^th Annual Academy Awards and we’ll be covering all of the big winners, best moments, surprises, and all-important red carpet arrivals. Refresh for the latest updates all night long.

We are just hours away from seeing the gorgeous gowns and finding out who’s going home with those coveted statuettes. It’s not too late to make your picks and predictions on our interactive Oscar ballot. To get up to speed before the festivities begin, check out our complete Oscars coverage.

Credit: Bob D'Amico/ABC

Full List of the Nominees

7 Things to Know About Seth MacFarlane

PHOTOS: The Best Oscar Dresses of All Time

TRIVIA: 15 Things You Don’t Know About the Oscars

PHOTOS: Top 30 Worst Oscar Looks Ever

Backstage Pass: Download the Oscars App for insider views from the red carpet and behind the scenes. Click here to learn how!

Read More..

Cuban leader Raul Castro announces he will retire in 2018

HAVANA (Reuters) - Cuban President Raul Castro announced on Sunday he will step down from power after his second term ends in 2018, and the new parliament named a 52-year-old rising star to become his first vice president and most visible successor.

"This will be my last term," Castro, 81, said shortly after the National Assembly elected him to a second five-year tenure.

In a surprise move, the new parliament also named Miguel Diaz-Canel as first vice president, meaning he would take over if Castro cannot serve his full term.

Diaz-Canel is a member of the political bureau who rose through the Communist Party ranks in the provinces to become the most visible possible successor to Castro.

Raul Castro starts his second term immediately, leaving him free to retire in 2018, aged 86.

Former President Fidel Castro joined the National Assembly meeting on Sunday, in a rare public appearance. Since falling ill in 2006 and ceding the presidency to his brother, the elder Castro, 86, has given up official positions except as a deputy in the National Assembly.

The new government will almost certainly be the last headed up by the Castro brothers and their generation of leaders who have ruled Cuba since they swept down from the mountains in the 1959 revolution.

Cubans and foreign governments were keenly watching whether any new, younger faces appeared among the Council of State members, in particular its first vice president and five vice presidents.

Their hopes were partially fulfilled with Diaz-Canel's ascension. He replaces former first vice president, Jose Machado Ventura, 82, who will continue as one of five vice presidents.

Commander of the Revolution Ramiro Valdes, 80, and Gladys Bejerano, 66, the comptroller general, were also re-elected as vice presidents.

Two other newcomers, Mercedes Lopez Acea, 48, first secretary of the Havana communist party, and Salvador Valdes Mesa, 64, head of the official labor federation, also earned vice presidential slots.

Esteban Lazo, a 68-year-old former vice president and member of the political bureau of the Communist Party, left his post upon being named president of the National Assembly on Sunday. He replaced Ricardo Alarcon, who served in the job for 20 years.

Six of the Council's top seven members sit on the party's political bureau which is also lead by Castro.

Castro's announcement came as little surprise to Cuban exiles in Miami.

"It's no big news. It would have been big news if he resigned today and called for democratic elections," said Alfredo Duran, a Cuban-American lawyer and moderate exile leader in Miami who supports lifting the U.S. trade embargo against Cuba. "I wasn't worried about him being around after 2018," he added.

The National Assembly meets for just a few weeks each year and delegates its legislative powers between sessions to the 31-member Council of State, which also functions as the executive through the Council of Ministers it appoints.

Eighty percent of the 612 deputies, who were elected in an uncontested vote February 3, were born after the revolution.

EFFORT TO PROMOTE YOUNGER GENERATION

Raul Castro, who officially replaced his ailing brother as president in 2008, has repeatedly said senior leaders should hold office for no more than two five-year terms.

"Although we kept on trying to promote young people to senior positions, life proved that we did not always make the best choice," Castro said at a Communist Party Congress in 2011.

"Today, we are faced with the consequences of not having a reserve of well-trained replacements ... It's really embarrassing that we have not solved this problem in more than half a century."

Speaking on Sunday, Castro hailed the composition of the new Council of State as an example of what he had said needed to be accomplished.

"Of the 31 members, 41.9 percent are women and 38.6 percent are black or of mixed race. The average age is 57 years and 61.3 percent were born after the triumph of the revolution," he said.

The 2011 party summit adopted a more than 300-point plan aimed at updating Cuba's Soviet-style economic system, designed to transform it from one based on collective production and consumption to one where individual effort and reward play a far more important role.

Across-the-board subsidies are being replaced by a comprehensive tax code and targeted welfare.

Raul Castro has encouraged small businesses and cooperatives in retail services, farming, minor manufacturing and retail, and given more autonomy to state companies which still dominate the economy.

The party plan also includes an opening to more foreign investment.

At the same time, Cuba continues to face a U.S. administration bent on restoring democracy and capitalism to the island and questions about the future largess of oil rich Venezuela with strategic ally Hugo Chavez battling cancer.

(Editing by Kieran Murray and Vicki Allen)

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High risks for Obama in new spending fight

WASHINGTON: Barack Obama may have the upper hand against Republicans in a high-risk new spending showdown, but a drawn-out clash would likely damage the economy and put his presidential legacy on the line.

The United States is just five days from its latest self-inflicted flirt with economic disaster -- an $85 billion hit from automatic and indiscriminate spending cuts -- but no one is burning the midnight oil to find a way out.

Instead, Obama is in full-bore campaign mode, blaming Republicans for apocalyptic scenarios after the so-called "sequester" hits, blitzing local media markets and hitting the road to build an indictment against his foes.

He rails about "meat cleaver" cuts that could cost public sector jobs, stall the economy, hinder a superpower military, furlough FBI agents, drain resources from emergency services and clog up US airports.

Obama's tactics mark an evolution in his political style, after often fruitless efforts to compromise with Republicans during his first term.

Now, the president is playing an outside game, waging a campaign to force Republicans to agree to raising more revenue -- through higher taxes on the rich -- to combine with less severe spending cuts to cut the deficit.

So far, it has been an unfair fight. Obama is exploiting his office's unique power to grab headlines, and will this week begin swooping on Air Force One into different states to highlight the cost of the cuts.

"Presidents have a major advantage, regardless of who they are, over their opponents in Congress," said David Johnson, CEO of political consulting firm Strategic Vision.

"This president is very skillful at using imagery, and employing the bully pulpit to show how the sequester will affect everyday lives, teachers and law enforcement. He is also still basking in the glow of re-election."

Obama's argument has the benefit of clarity.

"Are Republicans in Congress really willing to let these cuts fall on our kids' schools and mental health care just to protect tax loopholes for corporate jet owners?" he asked in his weekly address Saturday.

"Are they seriously prepared to inflict more pain on the middle class because they refuse to ask anything more of those at the very top?"

Republicans refuse to agree on revenue hikes, arguing that Obama simply wants to bring in more cash to spend on a bloated government.

Obama is playing to his strengths.

He is better at building grassroots coalitions than playing Washington's inside power game. He is also being careful not to repeat his first-term mistake of getting bogged down in the White House.

This week alone, he brought in local television networks for interviews, won flattering headlines after an off-the-record chat with top journalists and appeared with firefighters who fear the impact of the sequester.

A USA Today poll showed that 49 per cent of Americans would blame Republicans in Congress for the impact of the sequester, while only 31 per cent would blame Obama.

Senior White House officials say that when the sequester hits and Americans see the consequences, Republicans will be forced to seek compromise.

Republican Senator Tom Coburn said Sunday that the sequester was a terrible way to cut spending because it slices funding indiscriminately and does not distinguish between worthy and unworthy programs.

But he complained that there had been "no leadership" from Obama in realizing America had a spending addiction.

"The problem is, is an excessive, bloated, big federal government that's highly inefficient and highly ineffective," Coburn told "Fox News Sunday."

Whether Republicans will take all the blame if the sequester hits will be tested once spending cuts begin taking effect on Friday.

"It's a very risky strategy, I think the Obama administration believes and hopes that this sequester will take effect but then quickly be resolved," said Tom Baldino, a professor of political science at Wilkes University.

"But if it drags on, it will come back to hurt Obama. It's... a high risk, high payoff or high cost of failure."

While Republicans would prefer targeted spending cuts and to safeguard the military's resources, they are so far holding firm.

Cutting spending has almost religious significance for many conservatives, and some lawmakers, fearing a Tea Party primary challenge, may bank the sequester cuts -- however extreme.

That could leave Obama in a tough spot, watching the sequester hit growth and nudging a high unemployment rate still higher, dampening hopes to add a strong economic recovery to his presidential legacy.

A prolonged paroxysm in Congress could also delay Obama's other priorities.

"This is going to be a major diversion from the president's other initiatives, like gun control and immigration reform," said Johnson.

"He is going to be losing political capital the longer it goes on."

- AFP/ck

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Samsung, Tim Burton brighten Oscars with rainbow-colored unicorn blood

Movies take a lot of thinking.

(Credit:
Samsung Screenshot by Chris Matyszczyk/CNET)

"This is getting too weird for me."

These are words you never expected to hear coming from the mouth of Tim Burton.

Yet Samsung, which these days leaves no competitive joke unturned and no Hollywood star untapped, delivered precisely that during the Oscars broadcast.

The ad, released by Samsung a little while before the show, features Burton playing a director delighted to be turning the "Unicorn Apocalypse" game into a movie.

In this context, "delighted" takes on a very idiosyncratic form.

We begin by hearing that another Samsung endorser, LeBron James, is addicted to "Unicorn Apocalypse."

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It's surely hard for anyone not to become addicted to zombie unicorns.

Who more appropriate, then, to direct the movie of the game than Tim Burton?

The man who sees blackness in darkness and deep gray in white saunters into the gaming company and plays, well, himself.

"Did you guys know that unicorns are basically goats?" Burton informs the rapt game creators.

He follows that fascinating information with the perhaps even less-well known fact that unicorn blood is rainbow-colored with little weird sparkles in it.

Which would sum up this ad.

Yes, there are Samsung products in it.

More important, however, are the little weird sparkles that are being sprayed upon the brand with stars, cheek and, most of all, wit.

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Daytona crash sends car parts flying, injuring fans

Updated at 9:35 p.m. ET

DAYTONA BEACH, Fla. At least 33 fans were injured Saturday during a NASCAR race when a car flew into the fence at Daytona International Speedway, hurling a tire and large pieces of debris into the stands.

The accident happened on the last lap of the second-tier Nationwide Series race on the eve of Sunday's Daytona 500, which officials said would go on as scheduled.

The crash began as the field approached the checkered flag and leader Regan Smith attempted to block Brad Keselowski to preserve the win. That triggered a chain reaction, and rookie Kyle Larson hit the cars in front of him and went airborne into the fence.

The entire front end was sheared off Larson's car, and his burning engine wedged through a gaping hole in the fence. Chunks of debris from the car were thrown into the stands, including a tire that cleared the top of the fence and landed midway up the spectator section closest to the track.

The 20-year-old Larson stood in shock several yards away from his car as fans in the stands waived frantically for help. Smoke from the burning engine briefly clouded the area, and emergency vehicles descended on the scene.

Ambulance sirens could be heard wailing behind the grandstands at a time the race winner would typically be doing celebratory burnouts.

"It was freaky. When I looked to my right, the accident happened," said Rick Harpster of Orange Park, Fla., who had a bird's-eye view of the wreck. "I looked over and I saw a tire fly straight over the fence into the stands, but after that I didn't see anything else That was the worst thing I have seen, seeing that tire fly into the stands. I knew it was going to be severe."

Daytona International Speedway released a statement from speedway President Joie Chitwood Saturday evening saying 28 people were injured in the accident in the race held the day before the season-opening Daytona 500.

21 Photos

Daytona racecar loses control

According to the statement, emergency medical personnel transported 14 people off the property and 14 others were treated at the on-track care center.

"We are in the process of repairing the facility, and we will be ready to go racing tomorrow," Chitwood said.

Nathan Kimpel, 24, who works at a concession stand near where the crash happened, told CBS News correspondent Adriana Diaz that he saw 10 to 15 fans being carried out on stretchers.

"As soon as I saw the accident I just turned my head because I didn't want to get injured or anything," Kimpel told Diaz. "I saw the fence separate and more pieces of car parts flying up."

Meghan Willams, 20, who also works at a concession stand, told Diaz the crash sounded like an "earthquake." She saw people running and crying and a girl completely covered in engine oil.

Byron Cogdell, a spokesman for Halifax Health Medical Center, told CBS News that one of the 11 patents taken to the hospital was in critical condition and five more were listed as "trauma" patients.

Lindsay Rew, a spokeswoman for Florida Hospital Memorial Medical Center, said its Daytona Beach hospital had one fan there who was in good condition. She said they were expecting three more people who were coming by ambulance, but she didn't yet know their conditions.

"There obviously was some intrusion into the fence and fortunately with the way the event's equipped up, there were plenty of emergency workers ready to go and they all jumped in on it pretty quickly," NASCAR President Mike Helton said. "Right now, it's just a function of determining what all damage is done. They're moving folks, as we've seen, to care centers and take some folks over to Halifax Medical."

As emergency workers tended to injured fans and ambulance sirens wailed in the background, a somber Tony Stewart skipped the traditional post-race victory celebration.

Stewart, who won for the 19th time at Daytona and seventh time in the last nine season-opening Nationwide races, was in no mood to celebrate.

"The important thing is what going on on the frontstretch right now," said Stewart, the three-time NASCAR champion. "We've always known, and since racing started, this is a dangerous sport. But it's hard. We assume that risk, but it's hard when the fans get caught up in it.

"So as much as we want to celebrate right now and as much as this is a big deal to us, I'm more worried about the drivers and the fans that are in the stands right now because that was ... I could see it all in my mirror, and it didn't look good from where I was at."

The accident spread into the upper deck and emergency crews treated fans on both levels. There were five stretchers that appeared to be carrying fans out, and a helicopter flew overhead. A forklift was used to pluck Larson's engine out of the fence.

"It's a violent wreck. Just seeing the carnage on the racetrack, it's truly unbelievable," driver Justin Allgaier said.

It was a chaotic finish to a race that was stopped for nearly 20 minutes five laps from the finish by a 13-car accident that sent driver Michael Annett to a hospital, where his Richard Petty Motorsports team said he would be held overnight with bruising to his chest.

The race resumed with three laps to go, and the final accident occurred with Smith trying to hold off Keselowski through the final turn.

"I tried to throw a block. It's Daytona, you want to go for the win here," Smith said. "I don't know how you can play it any different other than concede second place, and I wasn't willing to do that today. Our job is to put them in position to win, and it was, and it didn't work out."

As the cars began wrecking all around Smith and Keselowski, Stewart slid through for the win, but Larson plowed into Keselowski and his car was sent airborne into the stands. When Larson's car came to a stop, it was missing its entire front end. The 20-year-old, who made his Daytona debut this week, stood apparently stunned, hands on his hips, several feet away from his car, before finally making the mandatory trip to the care center.

He said his first thought was with the fans.

"I hope all the fans are OK and all the drivers are all right," Larson said. "I took a couple big hits there and saw my engine was gone. Just hope everybody's all right."

"Honestly, the race itself pales in comparison to the injuries sustained by the fans," said Chip Ganassi, the team owner who has Larson in his driver development program. "Our thoughts and prayers go out to all the fans that were injured as a result of the crash. As for Kyle, I am very happy that he is OK."

Keselowski watched a replay of the final accident, and said his first thoughts were with the fans. As for the accident, he agreed he tried to make a winning move and Smith tried to block.

"He felt like that's what he had to do, and that's his right. The chaos comes with it," Keselowski said. "I made the move and he blocked it, and the two of us got together and started the chain events that caused that wreck. First and foremost, just want to make sure everyone in the stands is OK and we're thinking about them."

Keselowski said the incident could cast a pall on the Daytona 500.

"I think until we know exactly the statuses of everyone involved, it's hard to lock yourself into the 500," Keselowski said. "Hopefully, we'll know soon and hopefully everyone's OK. And if that's the case, we'll staring focusing on Sunday."

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Las Vegas Strip Shooting Suspect ID'd

Las Vegas police identified a suspect today in a shooting on the strip that caused a Maserati to hit a taxi and burst into flames, killing three people.

Ammar Harris, 26, has been named a suspect in the Thursday skirmish that killed three people, including rapper Kenny Clutch.

The altercation between Harris and Clutch, 27, whose legal name was Kenneth Cherry Jr., is believed to have originated in the valet area of a Las Vegas hotel, police said.

Police said Harris fired several rounds into a Maserati that was being driven by Cherry as both vehicles continued northbound on glitzy Las Vegas Boulevard.

The rapper's expensive sports car careened out of control after he was shot, slamming into several cars, including a taxi. The impact caused the cab to burst into flames, killing the driver, Michael Boldon and a female passenger. Witnesses said it looked like the car exploded.

"He was a number one guy," Carolyn Jean Trimble, Boldon's sister, told ABC News.

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"I looked out my window and I could see one vehicle down here on the corner of the intersection totally engulfed in flames," witness John Lamb told ABC News.

Boldon, 62, and his passenger, who has not yet been identified, were both killed, as was Clutch.

Timble said her brother loved driving his taxi around Vegas.

"He came to live with me in Las Vegas last year to help take care of our mother, and the first day he got here he said, 'I have to get a job.' The second day, I came home from work, and he said he got a job," she recalled.

"He says, 'You'll never guess what it is,' and I said, 'what,' and he said, 'taxi cab driver,' and we both fell out laughing," Trimble said. "He loved that job. He never complained. He'd come home and tell me stories about what happened, who he picked up."

Boldon was a single father who raised a 36-year-old son and was a new grandfather. His grandson was named after him, Trimble said.

"Of all the people to take from this earth," she said. "But I guess the Lord needed him."

A passenger in the Maserati was hit and sustained only a minor injury to his arm. Clutch died at University Medical Center.

His father, Kenneth Cherry Sr., expressed his grief for the loss of his son while speaking with ABC News.

"This is something you never really, really ever want to experience as a parent, to lose a child before you go," he said.

Harris is described as 5-foot-11 and 180 pounds. Anyone with information is asked to contact the Las Vegas Metro Police Department's homicide division.

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MPs, businesses hope Budget will address cost of living, labour crunch

SINGAPORE: Ahead of the delivery of Singapore's Budget on Monday, cost of living and labour crunch are among some issues MPs and businesses hope will be addressed.

Several MPs Channel NewsAsia spoke to said that a key concern especially amongst the sandwiched class is the cost of living in the country.

As for the elderly residents, they are concerned about healthcare costs, said the MPs.

On their part, businesses are worried about the manpower crunch and over the past month, there have been several calls to ease the tightening of the foreign worker inflow.

The government has been calling on companies to make concerted efforts to improve their productivity levels.

Zainudin Nordin, chairman of Government Parliamentary Committee (GPC) for Manpower, said: "When we look and talk about productivity, it sounds good. But how do we implement the productivity uplifting of our SMEs and companies? There needs to be a strong collaboration.

"When there is an intent on the part of the government to provide the resources in terms of consultancy and funds, there must also be a commitment and passion amongst the employers to see and understand that whenever they need to do more things, the first thing that must come to their mind is, 'how can I do more without employing more people?'. That is the direct question they have to ask themselves. Productivity is about doing more with lesser resources, that's the question.

"So, that should be the first question that comes to our mind, and when we need assistance from the government we should be able to come in and help in a much more concerted way.

"At the same time we also know the employees must also continue to ensure (they stay) relevant. So machinery, resources and employees must all be in tandem to do this. The partnership must be stronger."

Dr Lim Wee Kiak, chairman of GPC for Defence and Foreign Affairs, said: "We have received feedback as to the cost of childcare, cost of education and tuition, and these add a lot of stress to young parents. On top of that, they have to take care of their elderly parents. I think the key for that is the cost of healthcare.

"So within this Budget itself, I hope there will be some consideration for, especially the young and the old, and that will help the sandwiched class a lot."

Mr Baey Yam Keng, chairman of GPC for Culture, Community and Youth, said: "There has been some anticipation, because there has been a (budget) surplus. People know there is a surplus and people would look forward to investment in infrastructure. The gaps that we are seeing now in transport, housing, healthcare...people want to see their immediate frustrations being addressed...as well as the cost of living, these would be the key issues from residents.

"There is some apprehension over whether rentals will go up, if transport fares will go up.

"At the same time there are also residents operating their own businesses, the SMEs, who also have concerns about the manpower crunch, the cost of dong business and how they can continue to survive in this climate."

The Budget Statement will be delivered in Parliament by Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam.

Channel NewsAsia will carry a special Budget programme from 3pm on Monday, together with Mr Tharman's speech live.

Budget 2013 will be tabled in Parliament against the backdrop of a 1.3 percent GDP growth for the entire 2012.

For 2013, the Ministry of Trade and Industry (MTI) has forecast an economic growth of one to three percent.

MTI also revealed on Friday that labour productivity had fallen by 2.6 percent in 2012, a reversal from the growth of 1.3 per cent from the previous year.

The ministry said productivity also dropped by 2.5 per cent in the fourth quarter, the fifth consecutive quarter of decline.

It said the fall was broad-based, with manufacturing, construction and services all experiencing negative growth.

- CNA/ir

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The Facebook mistakes people make after a date

February can make people excitable.

A new year is barely old. Hope springs eternal. And then there's Valentine's Day to add a little piquancy to their emotional state.

Sometimes, though, lovers suffer from a certain lack of self-control. This can manifest itself on society's everyday manifest: Facebook.

I was moved, therefore, that someone had taken the time to list the major faux pas that occur when social contact accelerates beyond decent norms.

I am lovingly grateful to Ranker, which has taken it upon itself to reduce the rancor that might be caused by Facebooked overenthusiasm -- the site has listed behavior to avoid.

Apparently the worst thing you can do after meeting someone in whose charm and personality you might be interested is to immediately send them a Facebook friend request.

This might seem obvious to some.

You don't necessarily have any idea what the other person might really think of you. You know, inside their heads.

And, as Ranker wisely offers: "Now you've just given yourself something else to obsess over: 'Why hasn't my friend request been accepted? Why is it taking so long? Did they even see it?!'

And from one small click, a whole new series of sessions with your shrink is created.

It seems, though, that the human imagination has found many more ways of ruining the course of true love on Facebook.

People apparently pore over their new date's Facebook page, seeking secrets to their true friends, thoughts, and, who knows, other objects of affection.

Some devolve into what seems utterly psychotic behavior, such as liking old photos of their new potential paramour. Who does that? Twisted humans, that's who.

But Facebook offers so many more opportunities for self-destruction.

There's revealing too much in your status update. Sample: "I just went on the best date ever with Marie Dupree and her sexy knees."

More Technically Incorrect

Some people, though, go even further and attempt to insert themselves into comments on their love-object's Facebook page, should they already be Facebook friends. Sample: "You look so WONDERFUL when you're saluting the sun, Shoshanna. Can't wait until we do some saluting together!!"

No, it doesn't end there.

The Facebook gauche end up stalking every second of their new friend's Timeline. ("She dated a clown in 2008? Why would she DO that?")

Worse, there are apparently instances of enthusiasts who get so carried away that they start friending the families of their new objects of affection. ("Hi, Mrs. Aziel, you don't know me, but your daughter and I...." Oh, you finish the sentence.)

Facebook offers so many avenues of potential despair that there is only one way that you can use it to avoid complication, pain, sorrow, heartbreak, sleepless nights, and that bottomless feeling of lost opportunity: Don't go anywhere near it.

Top 10 Facebook Mistakes to Avoid After 1st Dates

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