NASDAQ FINALLY PARTIES LIKE ITS DOT-COM PEAK Today the Nasdaq broke 5,000 for the first time since the dot-com bust. Fifteen years ago, the last time the tech-heavy market index closed this high, the market was very different. That one was a bubble. The Internet was in diapers, and the Nasdaq was dominated by untested dotcom companies valued by clicks rather than profits. The world has changed since March 2000: hello, Twitter; hello, iPhone. Companies driving the Nasdaq now have real earnings and are more mature. The Nasdaq's comeback and resurgence is a story of continued innovation, more reasonably valued stocks and profits as opposed to dreams. The index's all-time closing high was 5048.62 on March 10, 2000. Today, it closed at 5008.10. Onward to 10,000.
GOOGLE IS GETTING INTO THE WIRELESS BUSINESS; AND HEY, IT'S THE SAMSUNG GALAXY S6 Google isn't experimenting just with self-driving cars and drones. Now we learn the tech giant is planning to offer its own U.S. cellular network service. Sundar Pichai made the announcement at the Mobile World Congress wireless show in Barcelona. Pichai, Google's senior vice president of products, framed the new service as an experiment and said Google is working with wireless companies to offer the network as a way to improve mobile connectivity. And speaking of Mobile World Congress, Samsung finally revealed the long-rumored Galaxy S6 smartphone to be launched in April. The device boasts a 5.1-inch screen, improved fingerprint sensor and the mobile payments system Samsung Pay, which arrives this summer. USA TODAY tech columnist Ed Baig offers his first impressions of the fancy phone.
18 MINUTES ISN'T ENOUGH TIME FOR PEDIATRICIANS TO CONVINCE PARENTS TO VACCINATE THEIR KIDS We've got another wrinkle in the great vaccination debate. At a time when measles is making a dramatic comeback, a new study finds more than 70% of children's doctors agree to parents' requests to delay vaccinations— even though most believe it puts children at risk. More and more parents are skipping selected vaccines or delaying others. Doctors have only about 18 minutes per clinic visit to perform physical exams, discuss critical issues about their child's development and persuade parents to vaccinate their child. So physicians can easily succumb to pressure to delay vaccinations. They want the parent to trust them and don't want them to leave the doctor's practice. The American Academy of Pediatrics is on board, saying docs shouldn't "fire" families who refuse vaccines. They need to keep trying to persuade them.
NETANYAHU TO OBAMA: NO DISRESPECT There's some major friction right now between Israel's prime minister and President Obama. The gist is that Benjamin Netanyahu accepted an invitation from House Speaker John Boehner, R-Ohio, to speak before Congress tomorrow without clearing it with the White House. That's a major faux pas. Obama is refusing to meet with Netanyahu right now, because he says the visit is too political in the run-up to the March 17 Israeli elections. Netanyahu said during a speech today at the American Israel Public Affairs Committee (AIPAC), the pro-Israel lobbying group, that he isn't trying to disrespect the president. He said his speech to Congress tomorrow is about making clear Iran's threat to Israel. The Obama administration is trying to make a deal with Iran right now so Tehran will curb its nuclear program. That doesn't sit well with Netanyahu, who says the U.S. is making too many concessions, and Iran is an "existential" threat to Israel. Both sides are playing down talk of deteriorating Israeli-U.S. relations.
LOOKS LIKE THAT WRINKLY CINDY CRAWFORD PHOTO WAS MAYBE FAKE Remember that supposedly un-Photoshopped photo of Cindy Crawford that went viral in a big way? It showed her body with wrinkles and sags around the stomach area. And it prompted a lot of people to applaud the fact that a supermodel's body can be shown as "real" and "honest" and "gorgeous." Marie Claire magazine said in a blog post that the photo was a leaked image from a shoot for a December 2013 cover story. Now, TMZ reports that it was not only a leak, it was a "significantly altered" leak. More about the legal back-and-forth here. Crawford's husband, Rande Gerber, posted a photo of his wife, 49, on Valentine's Day, looking smooth and beautiful. But here's what was not fake on the Internet: a police chase involving llamas, a ridiculous debate overthe color of a dress and an unbelievable sky-diving video.
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| Compiled by Cara Richardson and Alia E. Dastagir. Contributing: Dave Callaway, Emily Brown, Brett Molina, Liz Szabo, Jessica Guynn, Ann Oldenburg, Donna Leinwand Leger, Gary Strauss, Adam Shell, USA TODAY |
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