The Sketch

Lady Gaga wore a Chanel dress specially designed by Karl Lagerfeld for the Gaga’s Workshop Ribbon Cutting at Barneys New York.

Jealous? Who me?

Facebook users were warned over the weekend against a new scam claiming the social networking giant may charge a $9.99 “gold membership” unless users forward a message before midnight.

Computer security firm Sophos said the hoax has duped many users into “sharing” the message with their online friends, lest they be charged between $3.99 and $9.99 a month.

“It’s amazing what people will believe when they are sent a message from a trusted friend – but let me assure you, Facebook is *not* going to ask you for your payment when you sign onto the site tomorrow morning. And no, the announcement of Facebook beginning to charge its users has *not* been on the news,” Sophos senior technology consultant Graham Cluley said in a blog post.

Sophos said the message claims Facebook just released a “price grid” for membership, including $9.99 a month for Gold Member services, $6.99 for Silver Member services, and $3.99 for Bronze Member services.

The message claimed Facebook will continue to be free “IF YOU COPY AND PASTE THIS MESSAGE BEFORE MIDNIGHT TONIGHT.”

It also cited the message claiming the charges are “DUE TO THE NEW PROFILE CHANGES” Facebook announced last week.

“As I explained at the end of last week, these claims are complete and utter poppycock. If a friend of yours forwards you the message, admonish them for spreading a chain letter and suggest they inform all of their friends that they were mistaken,” Cluley said.— RSJ, GMA News

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]]> http://www.al-liwan.com/3eesh-o-shoof-p/feed/ 0 http://www.al-liwan.com/mr-zara-buys-220m-oxford-street-block/ http://www.al-liwan.com/mr-zara-buys-220m-oxford-street-block/#comments Fri, 20 May 2011 12:56:34 +0000 Al-Liwan http://www.al-liwan.com/?p=5172

Founder of Spanish retailer Zara Amancio Ortega buys 1 acre site in West End

Amancio Ortega, the co-founder and former chairman of retail giant Inditex, is splashing out on a 1 acre “island site” on London’s Oxford Street for around £220m. Ortega is in talks to buy Jubilee House at 197-213 Oxford Street for around £165m, in a deal that reflects a yield of around 4.4%.

Property Week can also reveal he bought 215-219 Oxford Street next door for £55.1m in October, reflecting a yield of around 4%. The two buildings were brought to the market together by Irish investor Cosgrave Property Group in March 2010 for between £200m and £210m. But in October the decision was taken to sell them separately.

The sale of Jubilee House is expected to exchange next week. Ortega already owns retail and office properties in London’s West End and the City, as well as assets in New York, Florida, Madrid and Lisbon.

The Spanish retail entrepreneur has a net worth of $31bn (£19bn), which makes him the seventh-richest man in the world on the Forbes Rich List 2011. The two buildings’ tenants include Inditex’s international brand Zara, as well as Next, River Island and New Look.

The four retailers account for around 80% of the income of the block. The offices above are let to auctioneer Christie’s, recruitment firm Hays and architect 3D Reid. Ortega stepped down as chairman of Inditex in January this year, but is still said to receive 87% of his income from the publicly traded company.

Inditex is the holding company for retail brands such as Zara, Massimo Dutti, Stradivarius and others. It has 5,000 stores in 77 countries. Ortega started out aged 13 as a delivery boy for a shirt maker in Galicia, Spain. By the age of 27 he had founded his own company Confecciones Goa, which made and sold bathrobes.

In 1975 Ortega opened his first retail store, Zara, and in 1985 he founded holding company Inditex. In December Cosgrave sold another retail block at 301-307 Oxford Street to a private investor for around £95m.

CB Richard Ellis advised Cosgrave; Cushman & Wakefield advised Ortega.

All parties declined to comment.

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This was tweeted by Victoria today:

David loves little Scarlet!!!!she is so cute!!!!!!x

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