Friday, July 26, 2013

Facebook surges to highest close since day of IPO

SAN FRANCISCO (MarketWatch) -- Facebook Inc. /quotes/zigman/9962609/quotes/nls/fb FB +29.61% soared on Thursday to its highest close since it finished at $38.23 on the day of its initial public offering on May 18, 2012. The stock got a big lift after the social media company late Wednesday reported second-quarter results that were significantly better than expected. Facebook jumped 30%, its best daily percentage gain ever, to close at $34.36. Still, the shares have fallen 9.6% from its IPO price of $38. [Corrects closing level for May 18, 2012.]

/quotes/zigman/9962609/quotes/nls/fb

US : U.S.: Nasdaq

Volume: 347.97M

July 25, 2013 4:00p

Source: http://feeds.marketwatch.com/~r/marketwatch/marketpulse/~3/lat_qJ5cdPY/story.aspx

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Thursday, July 18, 2013

UK spy agency's use of U.S. data was legal: UK lawmakers

By Michael Holden

LONDON (Reuters) - British agents did not circumvent the law by using data gathered by a clandestine U.S. spy program, the head of an influential British parliamentary committee said on Wednesday, but added the framework governing such access did need to be re-examined.

Former U.S. security contractor Edward Snowden released details of the PRISM program last month to the media, lifting the lid on what he called a vast surveillance system that vacuumed up emails and phone data.

Leaked documents showed the data was sometimes handed over to Britain's security services.

Parliament's Intelligence and Security Committee (ISC) launched an inquiry after the Guardian newspaper reported allegations that Britain's GCHQ surveillance agency circumvented British laws protecting the privacy of communications by accessing data from the U.S. program.

The committee's chairman Malcolm Rifkind, a former foreign secretary and a senior figure in the Conservative party that leads Britain's coalition government, said that had the allegations been true, it would have been extremely damaging to GCHQ and would have had serious implications for public trust in the intelligence services.

However, his committee concluded the claims were unfounded.

"Did they break the law or attempt to break the law? Our answer is unreservedly and unanimously no they did not," Rifkind told reporters.

Rifkind said their findings showed Snowden should not have leaked the information in the first place.

"The very fact that today we are saying ... the allegations that arose out of Mr. Snowden's behavior turn out to be totally unfounded and unjustified, illustrates that individuals who may think they are serving public interest in some occasions ... may turn out to be absolutely wrong," he said.

But he also said it was time for his committee to look into the laws on eavesdropping and communications surveillance to see if they were adequate. There are three acts governing Britain's spy agencies' access to private communication.

"ALL IS NOT WELL"

Privacy campaigners said the fact GCHQ had not broken the law did not mean Britain's spy agencies should be given a clean bill of health.

"If the law is not fit for purpose, the question of not breaking it is largely irrelevant," said Nick Pickles, director of civil liberties campaign group Big Brother Watch. "When the Intelligence and Security Committee is raising concerns that the current legal framework is adequate, alarm bells should be ringing loud and clear that all is not well."

Snowden, 30, is stuck in a transit area at Moscow's Sheremetyevo airport where he hopes Russia will grant him temporary asylum. U.S. President Barack Obama's administration wants Russia to send him back to face trial.

In its report, the Guardian said PRISM had generated 197 intelligence reports for GCHQ, allowing it to bypass legal restrictions on access to personal material such as emails held by internet companies based outside Britain.

The ISC said it had examined the classified reports and found they were put together legally. The agency had possessed a warrant for interception signed by a government minister each time it asked for information from the United States.

"I was surprised by the thoroughness and detail that are required when authorization is needed from the secretary of state," Rifkind said.

However, he said his committee had only had time to focus on the most serious allegations relating to illegality.

He said further claims that emerged from Snowden's leaks that GCHQ spies had tapped fiber-optic cables carrying international phone and internet traffic might be studied at a later date.

"We are still a long way from getting to the bottom of what has been happening," said Pickles.

(Additional reporting by Andrew Osborn and Peter Griffiths; Editing by Andrew Heavens and Tom Pfeiffer)

Source: http://news.yahoo.com/uk-spy-agencys-u-data-legal-uk-lawmakers-164315342.html

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Biden hints at possibility of a presidential run in 2016

WASHINGTON (Reuters) - Vice President Joe Biden says he might run for president in 2016, and one of the factors he will consider in making his decision is whether he has as much energy then as he does now.

Biden, 70, gave his thoughts on the possibility of a race for the Democratic presidential nomination in an interview with GQ magazine.

Most Democrats have their eyes on former Secretary of State Hillary Clinton, watching to see if she launches a second run for the White House, and Biden's comments reflected a view that he wants to be in the discussion as well.

"I can die a happy man never having been president of the United States of America," Biden told GQ. "But it doesn't mean I won't run."

Many political analysts doubt Biden will run if Clinton enters the race. She has made clear she is pondering a bid for the White House, and most polls have her as the runaway favorite to win the party's nomination should she run. But she was considered the favorite in 2008 and was beaten by Barack Obama.

Biden noted that in his office he has two portraits, each of them of vice presidents who later became president, Thomas Jefferson and John Adams.

"The judgment I'll make is, first of all, am I still as full of as much energy as I have now ? do I feel this?" he said. "Number two, do I think I'm the best person in the position to move the ball? And, you know, we'll see where the hell I am."

(Reporting by Steve Holland; editing by Jackie Frank)

Source: http://news.yahoo.com/biden-hints-possibility-presidential-run-2016-141757838.html

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Wednesday, July 17, 2013

PHOTOS: Rainy day in South Florida

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Source: http://www.local10.com/news/-/1717324/21012882/-/8y30ix/-/index.html

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In Israel, no silver linings

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Source: www.washingtonpost.com --- Monday, July 15, 2013
THE GOLAN HEIGHTS The abandoned Circassian village of Zureiman provides a vantage point across the fortified Israeli border into Syria. Regime forces hold an area from the crossing at Quneitra to Ruheineh. Elements of the rebel Free Syrian Army are attacking from both north and south, attempting to close the corridor. A slow artillery duel — thud, thud — proceeds in the near distance. Farther south in Syria, global jihadist groups predominate. Read full article >> ? ? ? ? ...

Source: http://feeds.washingtonpost.com/c/34656/f/636696/s/2eb3a256/l/0L0Swashingtonpost0N0Copinions0Cmichael0Egerson0Ein0Eisrael0Eno0Esilver0Elinings0C20A130C0A70C150C710Ad310A20Eed720E11e20E90A0A80E61e94a7ea20Ad0Istory0Bhtml0Dwprss0Frss0Itodays0Eopeds/stor

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2 residents of Canada town devastated by train derailment pursue lawsuit against railway

LAC-MEGANTIC, Quebec ? Two residents of a Quebec town devastated after an oil train derailment killed 50 people have registered a motion to file a class-action lawsuit against the U.S. rail company and some of its employees.

One resident is Yannick Gagne, who owned the Musi-Cafe bar where many died in the July 6 disaster.

The other is Guy Ouellet, whose partner was killed.

The defendants include the Montreal, Maine & Atlantic railway, chairman Edward Burkhardt and president Robert Grindrod.

The court documents were filed Monday in Quebec Superior Court.

No financial sum is mentioned.

Yves Bourdon, a member of the railway's board of directors, says he is not in a position to comment.

Source: http://www.startribune.com/world/215557771.html

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Tuesday, July 16, 2013

Japan's Government Goofs, Leaks Secret Messages on Google

(Image source:?DesignTaxi)

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BY MATT PICHT

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The Japanese government recently learned a hard lesson about digital security after a privacy misunderstanding with Google Groups leaked more than 6,000 confidential messages.


Japanese newspaper?The Yomiuri Shimbun?reported at least four government agencies and seven medical institutions accidentally left confidential information shared via Google Groups open to public access. Among the leaked data, the paper reportedly found??information on negotiations for an international treaty??and??medical information on more than 300 patients.?


Among the most revealing messages were 66 emails sent by members of Japan?s Environmental Ministry regarding an international mercury trade treaty in January. (Via?The Japan Times)


The ministry said no damaging information was leaked, but it?s taking steps to make sure a similar information breach doesn?t happen again.?ABC?reports the problem stemmed from an incomplete understanding of the Google Groups privacy settings.


?Members can limit access by selecting specific users who can post messages to the group. But default settings automatically set discussions to ?public,? a fact ministry officials overlooked.?

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As?Gizmodo?notes, not even the paper that caught the scoop was immune to the privacy blunder.

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?This would be a big hilarious, victorious scoop for The Yomiuri ? except the paper discovered that its own journalists had made the same mistake. By relying on the default privacy settings in Google Groups, the journalists made transcripts of interviews and drafts of unpublished articles available for anybody to read online.?

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After an emergency meeting, the Japanese government announced it has decided to ban the use of private email and data-sharing services until further review.

Source: http://www.newsy.com/videos/japan-s-government-goofs-leaks-secret-messages-on-google

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