Miguel Cotto Stops Ricardo Mayorga in 12th Round Via TKO
Miguel Cotto vs. Ricardo Mayorga 

Puerto Rican boxing idol Miguel Cotto defended his WBA super welterweight title by stopping the trash-talking Nicaraguan slugger Ricardo Mayorga in the 12th round of their fight Saturday in Las Vegas, Nev.
Cotto allowed Mayorga for most of the rounds to fight on his own terms while keeping cool and focused until the 11th round.
"Cotto was ahead by five points on all three ringside scorecards entering the final round and seemingly headed to a win by decision. But he caught Mayorga in an exchange early in the round and, though Mayorga got up, he told referee Robert Byrd when action resumed that he couldn't go on," sportsillustrated.cnn.com reports.
"Mayorga said it wasn't the effects of the left hook that made him quit, but an injury to his thumb during the exchange."
"I hate the way this fight ended," Mayorga said. "I tried to finish the final round but the pain in my hand was too much."
"The game plan was not to get caught up in any of his antics," Cotto said. "He was very heavy handed, I felt his punches the whole fight."
"I told myself, keep calm and be myself," Cotto said. "He has very strong hands and punches that hurt."
The talkative Mayorga is promoted by Don King while Cotto is under Bob Arum's Top Rank Promotions.
Miguel Cotto vs. Ricardo Mayorga
Al Bello/Getty Images
Al Bello/Getty Images
The just-concluded fight could galvanize the reunification of two of the world's greatest boxing promoters, which could lead to the most-awaited showdown between Manny Pacquiao and Floyd Mayweather, Jr. possibly in November.
Arum and King have jointly promoted major boxing fights in the past decades including, among others, the fight between Muhammad Ali and Joe Frasier in Manila, Roberto Duran and Sugar Ray Leonard, Felix Trinidad and Oscar De La Hoya and Floyd Mayweather versus Zab Judah.
The reunification of the world's top boxing promoters may lead to a possible resumption of negotiations for the twice-failed Pacquiao-Mayweather fight.
Last year, Mayweather, Jr. met on several occasions with King in Florida reportedly to look at the possibility of Don King Promotions acting as his promoter for the planned fight with Filipino boxing star Manny Pacquiao.
Arum believes that he and King could make the mega-bout between Mayweather, Jr. and Pacquiao happen in relatively no time—this after the twice-failed negotiations between Arum and Golden Boy Promotions and Mayweather Promotions could not make the clash come to fruition.
Writing Call Options Can Give You A Quick Income
Suppose you have invested in a portfolio of liquid stocks something like $100K. How about making a quick return on your investment instantly anytime you want with this option strategy. If you have an investment in stocks, this options strategy can give you an instant income. Learn how to make the money in your trading account work harder with this strategy.
Let's make this strategy of writing covered calls clear with an example. Suppose, you have invested $100K in stock ABC at $50 per share. You want to hold it and sell it when it reaches $55. You would have heard about Call Options. Call Options give you the right to buy or sell the underlying stocks at a certain price before a certain date.
You plan to write call options on your shares of ABC. You are willing to sell your stock in the next 1 months if it reaches the price of $55. You find that ABC 1 months $55 calls are selling for $2. Right now, the stock ABC is trading at $52. This means a profit of $2 per share or a capital gain of $4000 on the 2000 shares of stock ABC.
You can write one options contract on 100 shares of the underlying stock. You own 2,000 shares, so you can write 10 call options contracts. If each call options contract sells for $2 per share, you earn $200 per contract and a total of $2,000. This is instant income that you can get by writing call options contracts on your portfolio of stocks. Now, let's see what can happen if you sell ten 1 month $55 call options contracts.
Let's consider the first scenario. Stock ABC rises to $58 instead of $55. You are bound to sell stock ABC to the call options contract buyer for $55. So, you lose $3 per share but at the same time you had made $2 per share by selling the contracts. So, there is a tradeoff here. If you feel that the stock price is on the rise, you can always buy back your options contract something also know as call back.
Consider the second case stock ABC goes down in price to $45 per share. Now, obviously the call options buyer will never like to buy that stock at $55 per share if it can be bought at $45 per share. So, the contracts expire without any obligation on your part. You lose $5 per share but at the same time make $2 per share by selling call options contracts. So, your net loss is only $3 per share. You can see how writing call options contracts had hedged your downside risk. You can again write 1 month $50 call options contract to recover part of that loss. Suppose these contracts sell for $1 per share, so you further reduce your loss to only $2 per share.
The third possibility is that stock ABC neither moves up nor down. You lose nothing in this case but make $4,000. So writing call options on your portfolio of stocks can be a good way to make instant income!
5 of the Best New User Experiences of 2010
When it comes to user experience, designers and developers must do much more than present their users with a “pretty face” web page.
The user experience (UX) of a site or app involves much more than looks; the UX is something that lingers on after the user has left your site. It lies in ease of use, perceived value, whether desired goals were achieved and so much more. The user interface (UI) is only part of that larger experience, but it can contribute much to a user’s impression of the app.
In writing about the best web designs of 2010, form and function each played a large role in determining our choices. But when we think about user experience, function takes absolute precedence.
What sites and apps were the most interesting, the most useful, the most innovative of the past year? In this post, we examine five groundbreaking new UX/UIs from 2010 and discuss how each one expands our expectations of the user experience.
Today’s Big Rumor: Google Buys Groupon for $2.5 Billion

Google has gotten back to us, saying, “Unfortunately, we don’t comment on rumor or speculation.” We’ll have to see how this all shakes out.
Google (
) has bought Groupon for $2.5 billion, Vatornews reports citing a “reliable source” familiar with the situation.
The acquisition – which is unconfirmed at this point – follows the rumors about Google being in talks to buy the popular local deals site, after Yahoo had failed to negotiate an acquisition for a $2 billion to $3 billion earlier this year.
Groupon is one of the quickest Internet (
) success stories in recent memory, with a $1 billion and climbing valuation, reported revenues of more than $50 million per month (the site is relatively new, having been launched in November 2008) and copycats, trying to emulate its success, sprouting nearly every day.
The acquisition, if true, makes a lot of sense for Google, giving it a wonderful opportunity to fuse Groupon deals with its local business directory, Google Places. On the other hand, for Groupon it’ll be much easier to fend off all those similar services under Google’s wing.
We’ve reached out to both Groupon and Google for comment on the deal, but haven’t yet received word from them.
Google May Acquire Groupon for $6 Billion, and It Would Be Worth Every Penny

Forget the rumor that Google acquired Groupon for $2.5 billion; the search giant is about to close a deal for the group-buying service for a whopping $5.3 to $6 billion, according to multiple reports.
It would be worth every overpriced penny.
The deal is worth $5.3 billion with an additional $700 million earnout based on performance, according to All Things D. The New York Times reports that a deal could be completed as soon as this week. With a price tag almost double that of DoubleClick, Google’s (
) biggest acquisition to date, there are still plenty of ways for this deal to fall apart.
Earlier this year, Yahoo tried to snag the group-buying company, but failed. Google, with its $30+ billion cash reserve, reportedly then offered Groupon $3 billion to $4 billion. However, it was rebuffed, so the tech giant upped its offer.
Groupon pioneered the group-buying model through its deal-of-the-day business model. Launched in November 2008, the company has grown from an offshoot of ThePoint to a multi-billion dollar empire with thousands of employees worldwide. In April 2010, Groupon raised $135 million from Digital Sky Technologies, setting its value at over $1 billion.
If the Google deal does go through at a $6 billion valuation, that would mean that Groupon’s value has grown by more than $625 million per month or over $20.8 million per day. That skyrocketing value is simply mindboggling.
Google’s Secret Social Initiative Delayed Until Spring 2011]

Google’s big social initiative, once thought to be a full-fledged social network named “Google Me,” is experiencing delays that have pushed back the launch until spring 2011.
Mashable (
) has learned that Google’s big social play could debut in March or April, a far cry from earlier rumors that pegged a 2010 launch date.
The project is a top-secret affair, even within the company. It is being led by Vic Gundotra, one of the company’s public faces and a VP of engineering.
“We’re always experimenting with new ways to improve our products, and we have already confirmed that we are focused on incorporating social elements across Google,” a Google spokesperson told us when reached for comment. “But we have nothing new to announce at this time.”
The rumors were running wild earlier this year about Google Me. According to chatter, at the time, it was going to be a “full, first-class social network” designed as a direct competitor to Facebook (). A few months later though, Google () CEO Eric Schmidt stated that the company is actually building social components into Google’s core products.
“If you think about it, it’s obvious. With your permission, knowing more about who your friends are, we can provide more tailored recommendations. Search quality can get better,” Schmidt said at the time.
So what is causing the delay? The likely culprit is disagreement on the design, purpose and execution of the project. One of our sources told us that he/she has heard “tales of disorganization and too many different teams working parallel or in conflict.”
Google’s social initiative was sparked by the threat Facebook presented to its domination of the web. Facebook’s growth has spooked Google’s leadership. When Facebook learned of the search giant’s plans, it responded by entering “lockdown” for 60 days, where the company focused on completing new features like Facebook Messages, Facebook Places and Facebook Groups.
Beyond YouTube (), Google has a poor track record in social, part of the reason why it acquired Slide and Ångströ. The delay of Google’s big social initiative is yet another black eye for the company and another win for a certain social network based out of Palo Alto.

