Tuesday, April 10, 2012 3:01 am
Quotations of the day
By The Associated Press
"It is important for Iran to understand that the window is closing and that these talks are an opportunity. The decision rests with Iran." - White House press secretary Jay Carney on Iran proposing to scale back uranium enrichment but not abandon its ability to make nuclear fuel. Carney says that falls short of Western demands that Iran hand over its most potent nuclear material.
"Facebook after this IPO is going to be in a position to be predatory. They can make sure no one steps in their way and buy anyone who gets in their way." - Wedbush analyst Michael Pachter on Facebook spending $1 billion to buy the photo-sharing company Instagram in the social network's largest acquisition ever.