Weekend Mashup | October 4, 2013

Every Friday Match.com will give you a summary of all things relevant and hot in the media from the week that you should know for your weekend date!

Match.com Weekend Mashup News Singles

Shook Up and Shutdown: The U.S. Government continues its shutdown after four days of furloughed workers and closed businesses (think state parks, museums, and facilities like NASA) over disagreements on how the government should be spending its money between President Obama and Congress. The confrontation brings the country one day closer to a potential collision with the shutdown and the debt ceiling (expected to be reached October 17, 2013), and the consequences of reaching the debt limit far surpass any of a shutdown government.

Online in Palestine: The Palestinian Authority’s Supreme Fatwa Council announced Tuesday that online dating would be legal in Palestine, just so long as daters adhere to “the required moral standards and Shariah’s rules,” as reported in The Jerusalem Post. The council deemed online dating “unavoidable,” yet emphasized in their statements that the intention of any interactions online should be solely the goal of marriage.

Twitter Takes & Marc Seeks IPO: Both social media giant Twitter and fashion house Marc Jacobs are making headlines this week surrounding IPOs, as Twitter released its initial public offering on Thursday evening and the designer announced his departure from LVMH (Louis Vuitton, Moet, Hennessy) to focus on taking his namesake public. Twitter’s IPO comes as no surprise as the company tweeted last month from their official account they were submitting an S-1 to the SEC. Marc Jacobs, on the other hand, surprised the fashion industry with his resignation from Louis Vuitton (LVMH’s biggest source of revenue) to focus on his own brand, Marc Jacobs. Sources say the designer is also gearing up for an initial public offering for the international MJ brand.

Social Housing Project: Think YOU’RE on Facebook a lot? Try living in it. Facebook is proposing a $120 million housing project for its employees within walking distance of the sprawling Menlo Park campus. The complex would feature 394 units alongside both a sports bar and a doggie day care center, which would accompany the campus’ existing doctor’s office, bike repair shop, and restaurants.

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