Brandi Glanville Talks Plastic Surgery and Says She's Done Talking About Eddie Cibrian and LeAnn Rimes

Brandi Glanville's new tell-all, Drinking and Tweeting: And Other Brandi Blunders, is chock-full of juicy stories about her ex husband Eddie Cibrian, but The Real Housewives of Beverly Hills star says that after promotion wraps on the book, she will no longer speak out about the actor and his wife LeAnn Rimes.

Pics: LeAnn Rimes Defends Self with Teeny Weeny Bikini Photos

"As soon the book tour is over, I'm done. I'm not gonna be talking about them publicly," vows Brandi of the topic that has gotten her into a bit of trouble in the past. "I won't be answering questions about them publicly, this is my final chapter. This is all my side of the story is in the book and then I'm done."

As Brandi's book tour has yet to conclude, Eddie is still fair game.

In Drinking and Tweeting, out February 12, Brandi reveals that she took revenge on her ex by sticking him with a $12,000 credit card bill for vaginal rejuvenation surgery after finding out about his extra-marital affair with LeAnn.

Related: LeAnn Rimes On Twitter War with Brandi Glanville

Now swearing off invasive surgeries, Brandi has found more inventive ways to look young. Instead, the RHOBH star has opted for a visit to Beverly Hills dermatologist Dr. Simon Ourian to get cosmetic fillers injected into her hands, which she says are starting to look "old."

Watch the video to follow Brandi during the procedure!

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Con Ed worker injured by explosion on UWS

On Friday a Con Ed worker was injured when a small electrical explosion burned his face and arms as he worked inside a tony Upper West Side apartment building, authorities said.

The explosion sent the unidentified Con Ed worker and one other injured person to New York Presbyterian Hospital/Cornell Medical Center in stable condition at about 12:50 p.m., the FDNY said.

The Con Ed worker suffered a flash burn to his face with first and second degree burns to his arms, neck and hands while working on a service box, Bob McGee, a spokesman for Con Ed said.

The other victim was burned on his hands, neck and face, FDNY officials said.

It wasn't immediately clear whether the second victim was a resident in the Windermere – an upscale building on West 92 Street and West End Avenue – but a Con Ed spokesman confirmed there was only one worker injured.

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Healthcare experts see bumpy road ahead: “Shift happens”

The healthcare industry in South Florida, like the rest of the country, faces huge challenges in the year ahead as major federal reforms kick in, experts told about 700 people at a University of Miami conference on Friday.

“We are at a critical time in health policy,” said Mark McClellan, former head of the Centers for Medicare and Medicaid Services. “There are going to be some bumps along the way,” especially starting in 11 months, when the biggest changes in the Affordable Care Act kick in.

“Bumps may be understating what we may go through,” said Patrick Geraghty, chief executive of Florida Blue, the state’s largest health insurer.

They spoke at the conference on the Business of Healthcare Post-Election. The speakers accepted the federal reforms — often referred to as Obamacare — as not only inevitable but necessary. As Tom Daschele, a former Democratic U.S. senator from South Dakota, put it, “having 50 million uninsured is just unacceptable.”

But the reform act, signed into law in 2010, contains more than 2,000 pages, plus thousands of pages more of enabling regulations — details that will have major, and perhaps unexpected, impacts on the healthcare industry, which now makes up almost 20 percent of the nation’s economy.

In October, insurance exchanges will open for enrollment — groups that will allow individuals and small businesses to purchase policies with no exclusions for pre-existing conditions. Starting next January, virtually everyone will be required to have insurance, Medicaid will expand in many states, and businesses with more than 50 full-time equivalent employees will be required to provide insurance or pay fines.

“Jan. 1 is a very significant date,” said Steven Ullmann, director of health policy at the UM business school. He called reforms “a process” that will change over time.

“The one thing we know is that healthcare reform will be reformed,” said Chris Jennings, a Washington health policy advisor for the Clinton administration and three senators.

Karen Ignagni, president of America’s Health Insurance Plans, the insurers’ trade group, said she had strong ideas about tweaks that could minimize disruption. One arcane, but crucial provision of the law requires that an older person’s policy can be no more than three times as expensive as a young person’s.

The provision will mean huge increases in the policies of younger persons, to pay for the much higher costs of their elders. Insurers are asking for that policy to be postponed for two years, retaining the present maximum spread of about five to one, so that younger people could sign up for insurance without huge sticker shock.

For example, if a 25-year-old now pays $100 and a 60-year-old pays $500, the new rule would hike the younger person’s premium to $150 and cut the older person’s premium to $550 — a 50 percent increase for one and a 10 percent decrease for the other.

The thinking of lawmakers was that by lowering ratio, the costs of healthcare would be spread out and shared more equally by the population.

Anne Phelps, a healthcare principal with Ernst & Young, said she favored another change in the law, which now requires that next year a company with the equivalent of 50 employees to provide insurance for anyone working more than 30 hours a week or pay a fine. She thought the threshold should be raised to 32 or 34 hours.

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Long before FBI raid, Sen. Menendez tried to help donor’s Dominican Republic business

Sen. Bob Menendez used his influence to advocate for a Dominican Republic business deal that helped a longtime friend and donor whose South Florida office was raided by federal agents this week.

Menendez questioned Obama administration officials at a July hearing about what it was doing to help U.S. businesses that he felt were being unfairly treated by the government of the Dominican Republic and other Latin American countries.

One company Menendez was apparently referring to: ICSSI, acquired the year before by Dr. Salomon Melgen, a Palm Beach County eye doctor and friend. The firm was seeking to enforce a contract it had won to X-ray Dominican Republic port cargo, that could be worth $500 million to $1 billion over two decades.

“You have another company that has American investors that ... has a contract actually given to it by the — ratified by the Dominican Congress — to do X-ray of all of the cargo that goes through the ports,” Menendez, a Democrat from New Jersey, said at the July 31 hearing of the Senate Foreign Relations Subcommittee on the Western Hemisphere. “And they don’t want to live by that contract either.”

Menendez didn’t mention ICSSI by name in talking to Francisco J. Sánchez, the Commerce Department’s undersecretary for international trade and Matthew Rooney, the deputy assistant secretary in the Bureau of Western Hemisphere Affairs for the State Department.

Menendez’s office said the senator did nothing improper. Senators, especially on the Foreign Relations Committee that Menendez will soon chair, frequently advocate for U.S. business abroad.

In addition to trade, the senator’s office said he was concerned about fighting drugs.

“Senator Menendez has over the last few years advocated for more attention to the spread of narco-trafficking throughout Central America and the Caribbean,” chief of staff Danny O’Brien said. “It is an issue of protecting our national security, and these drugs end up on our streets and in our communities, fueling crime and addiction.”

Still, Menendez’s close ties to Melgen have been under a white-hot spotlight ever since federal agents raided the eye doctor’s West Palm Beach office on Tuesday and Wednesday.

The raid included agents from the FBI and the U.S. Department of Health and Human Services, which are investigating the doctor for alleged Medicare fraud.

At the same time, the FBI is conducting a separate corruption probe of the doctor and his relationship with Menendez, including trips they took to the Dominican Republic.

The FBI began examining the two last year after the group Citizens for Responsibility and Ethics in Washington forwarded a batch of emails from a shadowy tipster who claimed Menendez and Melgen had hired underage prostitutes at the ophthalmologist’s Dominican home — charges both deny.

An FBI agent tried, but failed to meet with the tipster, who refused to even phone the agent.

As the conservative press began circulating the reports about the two, the New Jersey Republican Party filed a complaint against Menendez for flying on Melgen’s private plane to the Dominican Republic but failing to disclose the gifts.

Menendez’s office checked his schedule and realized the senator had flown twice on Melgen’s plane without paying for it in 2010. On Jan. 4, Menendez cut a check for $58,500 — the air-charter rate for the pricey flights —to fully settle the matter.

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BlackBerry World is off to a decent start, but it’s missing some big-name apps

When BlackBerry (RIMM) announced that more than 70,000 BlackBerry 10 applications would be available when its new platform launched, users were ecstatic. That big number was too good to be true, unfortunately, as we and many others noticed in our time spent with the BlackBerry Z10. While the app store includes some big names such as Rovio’s Angry Birds and various titles from Electronic Arts (EA) and Gameloft, it still leaves much to be desired. The company is said to be “in talks” to bring popular apps such as Netflix (NFLX) and Instagram to the platform but nothing is certain. Despite all of this, BlackBerry has announced that more than 1,000 of the top app developers are developing for BlackBerry 10.

“Being able to announce 1000 of the top app partners is a testament to the strength of BlackBerry 10, the ease of developing for this powerful new platform, and the remarkable opportunity that it represents for developers and brands alike,” said Martyn Mallick, BlackBerry’s VP of global alliances and business development. “We have focused on bringing the most relevant apps to BlackBerry 10 – whether they are global leaders in their categories, or whether they are regional must-have apps. We are thrilled and want to thank all the developers that have shown such strong support of a platform before it has commercially launched. We share in their excitement and belief in BlackBerry 10.”

Some of the big-name apps that aren’t available on BlackBerry 10 include YouTube, Pandora, Spotify, Hulu and perhaps most importantly, Google Maps.

BlackBerry’s press release follows below.

BlackBerry 10 Customers Will Have a Great Selection of Top Apps in Every Category
BlackBerry welcomes more than 1000 of the top app partners with relevant, local content from every region of the globe

WATERLOO, ONTARIO–(Marketwire – Jan. 31, 2013) – A phenomenal lineup of top brands and applications have committed to the BlackBerry(R) 10 platform, giving the new platform the strongest content offering of any first generation mobile platform at launch. Yesterday at the BlackBerry 10 launch event in New York, BlackBerry(R) (NASDAQ:RIMM)(TSX:RIM) announced that 1,000 of the top app partners will be making their applications available on the BlackBerry(R) World(TM) storefront. The partners range from leaders in social media to the top games, sports, productivity, lifestyle apps, and more.

BlackBerry Vice President of Global Alliances and Business Development, Martyn Mallick took to the stage yesterday to showcase some of applications committed to BlackBerry 10, and attendees were able to play with some of the applications for the new platform.

“Being able to announce 1000 of the top app partners is a testament to the strength of BlackBerry 10, the ease of developing for this powerful new platform, and the remarkable opportunity that it represents for developers and brands alike,” said Mallick. “We have focused on bringing the most relevant apps to BlackBerry 10 – whether they are global leaders in their categories, or whether they are regional must-have apps. We are thrilled and want to thank all the developers that have shown such strong support of a platform before it has commercially launched. We share in their excitement and belief in BlackBerry 10.”

Here are just some of the apps and games committed to BlackBerry 10. Many of these apps will be available at launch with others to follow:

Business and Productivity
– Bloomberg, BMC Service Desk & Remedy, Box, Cisco WebEx Meetings, Citrix Podio, CNBC, Dictionary.com, Emirates NBD, Harmon.ie, IBM Notes, Traveler, ING DIRECT Canada, Nat West, RBC, RBS, SAP, TD Bank Group and Thomson Reuters

Gaming
- 10tons: Sparkle, Joining Hands, Azkend, King Oddball, Azkend2, Ironworm, Dragon Portal and Boom Brigade 2
- Disney Mobile Games: Where’s My Water? and Where’s My Perry?
– Electronic Arts: A great selection of their top games including, Mass Effect(TM) Infiltrator, Flight Control Rocket, The Sims(TM) FreePlay and MONOPOLY Millionaire
– Fishlabs: Galaxy on Fire
– Funkoi: Alpha Zero
– Gameloft: A great selection of their top games, including Asphalt 7:Heat, The Amazing Spider-Man(TM), Modern Combat 4: Zero Hour, The Dark Knight Rises(TM)
– Halfbrick: Jetpack Joyride, Fruit Ninja
– JoyBits: Doodle God & Doodle Devil
– Rovio: Angry Birds Classic, Angry Birds Star Wars, Angry Bids Space and Angry Birds Seasons
– Square One Games: Square One and InXile
– SEGA: Sonic4(TM) Episode 1
– ZeptoLab- Cut the Rope, Cut the Rope: Experiments
Lifestyle
– AccuWeather, Air Canada, Air France, DStv Mobile, Dr. Oetker Rezeptideen, Easyjet, FlightAware, Flixster, KLM, Manulife Financial, President’s Choice Recipe Box, SkyScanner, Spotcast, StubHub, The Weather Channel, The Weather Network, Tim Hortons TimmyMe(TM), United Airlines, Wikitude, WisePilot, Yellow Pages Group and Zara

Multimedia
– Absolute Radio, Al Jazeera, Allocine, Astral Radio, BBC Worldwide- Top Gear, BubblePix, Channel 4, Corus Entertainment- Radio, Deezer, E! Online, eMusic, Europe 1, Kiss Kube, MTV Italia, Nobex Radio, NOS, N-TV Nachrichten, Occipital 360 Panorama, OxygenLive, Pacemaker, PaperCamera, Rdio, Shahid.net, SiriusXM, Slacker, Songza, SoundHound, TuneIn, and Volu.me
Published Media
– AFP News, Amazon Kindle, CBC (News, Radio, Music, Hockey Night in Canada), Economist, elmundo.es, El Pais, Grazia Italy, Handlesbaltt, kicker, Leo Dictionary, MailOnline, Maxim, News24, New York Times, NU.nl, PressReader, The Globe and Mail, The Guardian, The Independent, The London Evening Standard, USA Today, The Wall Street Journal and Wirtschaftswoche
Social
– Badoo, Facebook, Foursquare, LinkedIn, ooVoo, Skype, Tuenti Social Messenger, Twitter, Viber, Whatsapp and Xing
Sports
CBSSports.com, ESPN ScoreCenter, Goal.com, L’equipe, Maple Leaf Sports & Entertainment’s Maple Leafs Mobile App and Raptors Mobile App, MLB.com At Bat(R), NHL GameCenter, PGA Tour, Runtastic, Sports Tracker and UFC

Continuing to build out a rich and robust content offering for BlackBerry 10 customers, on January 28, BlackBerry announced content partnerships with leading music labels, movie studios and TV broadcasters making BlackBerry World a one stop shop for all app, games and multimedia content for BlackBerry 10.

Gadgets News Headlines – Yahoo! News

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Deion Sanders Talks Possible Destiny's Child Super Bowl Show

While die hard fans debate whether or not Destiny's Child will actually perform together at the Super Bowl, according to NFL Network's Deion Sanders, there's only one logical outcome.

PICS: Inside Beyonce's Super Bowl Rehearsals!

"You gotta think about her heart and her character," said the NFL hall of famer, who assumes that fans can expect some sort of reunion between the girls. "She would want to share this stage with her friends or those persons that are responsible for her being who she is."

Before Primetime sat down with ET's Rocsi Diaz, alongside NFL Network host Rich Eisen, Beyonce turned a Super Bowl press conference into a mind-blowing concert by singing the national anthem live a capella. But for Sanders, the most indelible moment happened away from the podium.

"I've been suffering from a bit of insecurity all my life as you all know," joked the former brash NFL star. "To have Beyonce recite the lyrics to my hit song [Must Be the Money] and do my dance -- I quit."

Find out whether the Destiny's Child Super Bowl reunion will happen when the big game airs Sunday on CBS.

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Not so fast: Liu still feds’ target

Embattled city Comptroller John Liu is not yet out of the woods in the criminal probe of his campaign fund-raising activities, sources said yesterday.

A report published yesterday suggested that Liu would not be personally charged in the case.

Prosecutors are far from clearing Liu or shutting the door on the case — and still haven’t ruled out filing charges against him or his campaign manager, Chung Seto, at a later date, a federal law-enforcement insider told The Post.

“The investigation isn’t getting closed. It will remain active. There are still things that can be done,” the source said.

Warzer Jaff

Comptroller John Liu

Liu’s former campaign treasurer Jia “Jenny” Hou and key fund-raiser Xing Wu “Oliver” Pan face trial next week on charges they schemed to defraud the city of matching taxpayer-contribution funds by funneling illegal donations into Liu’s campaign war chest.

As The Post reported last year, the FBI and federal prosecutors were trying to convince Pan and Hou to roll over on Liu or Seto to directly connect them to illicit campaign donations.

The feds’ theory was that Pan and Hou solicited illegal donations and hid them at the direction — or at least with the prior knowledge — of Liu or Seto, sources said.

But without documents or testimony that directly tie Liu to the donation conspiracy, the feds determined they did not have the evidence to file charges against Liu or additional people at this time, sources said.

It’s always possible that Hou or Pan could flip on Liu if they’re found guilty, but the feds rarely cut deals after trials with convicted defendants, sources said.

That’s because convicts’ assertions of innocence raise questions about credibility, as opposed to those who fess up before trial and agree to cooperate.

Liu last night said he expected that the fund-raising scandal would be used against him in a “no holds barred” campaign.

“I think my opponents will certainly bring it up,” he said. “I expect for my opponents to try to make it an issue.”

Meanwhile, prosecutors and lawyers for the defendants argued over whether the government could present former Liu press secretary Sharon Lee as a witness.

Lee has admitted she sought illegal “straw” donations from family and friends.

Additional reporting by David Seifman

ccampanile@nypost.com

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Mompreneur jumps into the ‘Shark Tank’

It all started with a 4 a.m. email nearly a year ago: “Do you think a baby bib could change the world? I do...”

Then Susie Taylor included a link to her website, bibbitec.com, and off it went to Shark Tank, the popular ABC television show where entrepreneurs pitch their companies to investors on the show — and by extension, 7 million viewers.

Four months later, as the “mompreneur” was leaving her Biscayne Park home to pick up her kids from school, she got a call from the show asking her to pitch on the spot. Driving with her phone on her shoulder, she told the Bibbitec story.

Shark Tank bit. After a few more back and forths, her segment was filmed last summer.

Friday night, Taylor is scheduled to be on the show pitching Bibbitec’s main product, “The Ultimate Bib,” a patented generously sized, stain-resistant and fast-drying child’s bib made in the USA — Hialeah, to be exact. Bibbitec’s $30 bib can be a burp cloth, changing pad, breast feeding shield, full body bib, place mat, art smock and more, Taylor says.

We won’t be getting any details on what happens Friday night when she and her husband, Stephen Taylor, get into the tank with Daymond John, Mark Cuban and the other celebrity sharks; Taylor has been contractually sworn to secrecy. But whatever the outcome, she believes it will be worth it for the marketing pop.

Taylor was inspired to create her bib after a long and very messy plane ride with her two young sons and started Bibbitec in 2008. She and her team — her husband is CFO, her sister, Heather McCabe, handles sales and marketing, her uncle, Richard Page, is in charge of production, and her aunt, Marcia Kreitman, advises on design — have expanded the line to include The Ultimate Smock for older children and the Ultimate Mini for babies. Coming soon: a smock for adults.

Taylor already got a taste of what a national TV show appearance can do for sales. In September, Bibbitec’s sales jumped 40 percent after she was on an ABC World News "Made in America" segment. “Within 30 seconds, we started getting sales from all over the country and they didn’t even mention our name on the air,” Taylor says. She said that confirmed her belief that a Shark Tank appearance would be worth it.

Plus, Taylor has been hooked on Shark Tank since the first time she watched it in 2008 as she was developing her product. Trained in theater, she admits she didn’t know much about business and learned from the show. She would practice how she would answer the questions.

“I’m all about empowering women who are sitting on the couch watching, because that’s what I was four years ago,” says Taylor. “All I wanted to do was to be on Shark Tank because I believed if I got on Shark Tank the world will see what I am trying to do and that’s all I need. I know it’s a great product.”

Will that theater training come in handy Friday night? Stay tuned. Shark Tank airs at 9 p.m. on ABC and Taylor hopes viewers will join in on Twitter using the hashtag #sharkbib.

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Limo rides for kids with cancer

Sometimes, we really do entertain angels unaware. Michael Fischer is one. Several years ago he came up with a way to bring a little hope to cancer-stricken children by providing limo rides for those whose parents didn't have a car, when it was time for then to take their cancer treatments. The idea is called Drops of Hope.

Fischer, who not only is the founder of the organization, but is head chauffeur, told me the idea for Drops of Hope came to him after he remembered that as a child, he had a friend who died of cancer.

"I also had relatives who died of cancer," he said. "Giving these kids a ride to the hospital in a kid-friendly limo — with games and snacks — is like a fantasy for them. Some of the children we transport would have to take public transportation if we didn't help out," he said. "And they can't afford to miss a treatment."

Everything was working well with Drops of Hope until last Christmas, when his only limo was stolen. Fischer said he had taken the 14-year-old limo in for repairs and the place he took it went out of business. He later found the limo, stripped, in an alley.

"Now," he said, "I pay limo companies to pick up the kids who need transportation to their treatment. But it's so expensive. It's like $100 for a few hours. And if a child goes for treatment in the morning, sometimes he doesn't finish until the afternoon. We have to wait for them. Many of these sick and terminally ill children, from low- to no-income families, take the bus by themselves to chemotherapy appointments. Drops of Hope provide this free service to and from the treatment sessions for children, who otherwise would miss immediate medical care because of a lack of transportation. We nicknamed our service, 'Hope on the Go,' because when the limo pulls up and you see the smile on the kids' faces, you know these kids really need a day of royal treatment."

Until he can get another limo, Fischer, who does litigation inspections for homeowners, pays the tab to rent limos from other companies. He is looking for a decent, used limo that he can fix up and get it "street safe."

The limo rides are not the only thing that Drops of Hope does for terminally ill children. They also do room makeovers, to help brighten the children's day.

If you know of someone who would like to help Fischer and his volunteers (nobody gets paid; the organization is operated solely by volunteers), you may call him at 954-428-4552.

Rabbi to talk about happiness

The community is invited to hear Rabbi Lazer Brody speak On "Sustenance, Health, Marriage and Children: It's Possible to Have it All," at 7:30 p.m. on Feb. 10, at Syklake Synagogue, 1850 NE 183rd St. in North Miami Beach.

The Rabbi also will speak at 7:30 p.m. on Feb. 11, at Young Israel of Kendall, 7880 SW 112th St. His topic will be "The Garden of Gratitude: A Life Changing Approach to Happiness."

According to a press release, Brody is the "English voice of Israeli rabbi Rav Shalom Arush, and the English translator of the book, The Garden of Emuna and numerous other Rav Arush's works. Brody is also the host of his own radio show, Lazer Beams aired on Israel National Radio. He is known worldwide as a lecturer and author who travels the globe enlightening others about the life-changing benefits of Emuna.

Both events are free. To make reservations for the Skylake lecture, email: skylakes613@gmail.com. For more information on the lecture at Young Israel, call 305-244-6880 or email: zdevorah@yahoo.com .

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Facebook’s mobile ad revenue doubles in fourth quarter

SAN FRANCISCO (Reuters) – Facebook Inc doubled its mobile advertising revenue in the fourth quarter, a sign that the No.1 social network is seeing early success in expanding onto handheld devices as more of its users migrate to smartphones and tablets.

Investors want to see evidence that CEO Mark Zuckerberg‘s 8-year-old company is delivering on promises to develop a full-fledged mobile advertising business, a challenge facing many of today’s technology leaders including Google Inc.

But the growth trailed some of Wall Street‘s most aggressive estimates. Shares of Facebook were down roughly 3 percent at $ 30.21 in after-hours trading on Wednesday, regaining ground after falling more than 8 percent immediately after the numbers were released.

Mobile revenue estimates among some analysts and investors were unreasonably high, said Sterne, Agee & Leach analyst Arvind Bhatia.

“As a result the stock was set up for disappointment,” he said. Overall, he said, Facebook’s results were encouraging.

The company’s overall advertising business grew at its fastest clip since before its May initial public offering, helping the company’s revenue expand 40 percent and surpass Wall Street targets.

Facebook has rolled out a wide variety of new services in recent months as the company seeks to stay ahead in the fast-moving Web market and to convince Wall Street that it can turn its audience of more than 1 billion users into a sustainable business.

Zuckerberg said the company plans to spend heavily to recruit talent in 2013 as the company pushes forward with new product development, particularly “mobile-first” services.

“We aren’t operating to maximize our profit this year but we’re doing what we think will build the best service and business over the long term,” Zuckerberg said during a conference call with analysts on Wednesday.

The strategy makes sense for an Internet company, said Stifel Nicolaus Jordan Rohan. But it will force Wall Street analysts to “ratchet down” their profit expectations.

“The conference call was a bit of a sobering event,” said Rohan. “The company advised analysts and investors to expect lower margins, and downplayed the near-term opportunity for revenues from Gifts,” Facebook’s recently-launched online commerce service.

FUTURE OPPORTUNITIES

Facebook shares, which lost more than half their value following a rocky IPO, have regained ground in recent months as concerns about its mobile ad business and insider selling have eased. Shares have surged roughly 60 percent since mid-November.

Zuckerberg said that recently introduced products such as Gifts, which allows Facebook users to purchase retail goods for their friends, as well as its new social search tool could become important businesses in the future. But in the near term he said that Facebook’s advertising efforts will be the core of its business.

The number of monthly active users on the social network reached 1.06 billion at the end of last year, with 618 million daily active users, Facebook said. But much of that growth again came from emerging markets like Asia, rather than the United States or Europe, where revenue per user is several times higher. For instance, average revenue per user is $ 13.58 for the United States and Canada, but just $ 2.35 in Asia.

Overall fourth-quarter revenue came to $ 1.585 billion, up 40 percent versus $ 1.131 billion a year earlier. Analysts were looking for revenue of $ 1.53 billion.

Executives said some revenue from its payments business dating back to September 2012 had been booked in the October-December quarter, inflating the number somewhat. Excluding those deferred sales, overall revenue would have been up just 34 percent in the quarter.

But it was the fledgling mobile business that dominated Wednesday’s discussion on the call. Finance Chief David Ebersman said Facebook had “basically doubled” mobile ad revenue from the third quarter to the fourth quarter.

“Two quarters ago we really had no mobile revenue,” Ebersman told Reuters in an interview. “In the course of a pretty short period of time, we’ve dramatically ramped up our ability to monetize mobile.”

Facebook said net income in the fourth quarter was $ 64 million, or 3 cents a share, compared to $ 302 million, or 14 cents a share a year earlier.

Excluding certain items, Facebook said it earned 17 cents a share, compared to the 15 cents a share expected by analysts polled by Thomson Reuters I/B/E/S.

Facebook expects expenses — excluding stock-based compensation for employees — to jump 50 percent in 2013, likely outpacing revenue growth. Capital investments may climb to $ 1.8 billion, up 14 percent from last year’s $ 1.575 billion.

“They’re going to have to continue to develop new products, which will cost them,” said Bhatia of Sterne, Agee & Leach.

But he said, “the market would be less happy if they were not finding enough opportunities.”

(Reporting by Alexei Oreskovic; Editing by Phil Berlowitz and Ryan Woo)

Tech News Headlines – Yahoo! News

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