S.Africa’s rand firms with emerging market currencies












JOHANNESBURG (Reuters) – South Africa‘s rand firmed slightly against the dollar on Friday as positive U.S. jobs numbers boosted the currencies of several emerging market countries on the hopes they would benefit from a more buoyant American economy.


The rand was 0.29 percent firmer at 8.6577 against the dollar at 1619 GMT from New York’s Thursday close of 8.6850.












“The good jobs numbers fundamentally boosted the global mood, which immediately impacted U.S. equities for the better, and this benefitted the rand and other emerging currencies,” said Anisha Arora, emerging market analyst for London-based 4Cast.


The yield on the three year bond slid one basis point to 5.47 percent while the longer dated 14-year paper fell seven basis points to 7.435 percent.


The rand was expected to come under pressure ahead of a major meeting of the African National Congress from mid-December with investors worried debt could increase if the ruling party pushes for populist policies that drive up spending.


Data scheduled for release next week include retail sales and manufacturing production data for October. There will also be data on November consumer inflation and producer inflation.


Economy News Headlines – Yahoo! News


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Big-data analytics company Cloudera raises $65 million












SAN FRANCISCO (Reuters) – Cloudera, a distributor of software that helps companies analyze big data, said it has raised $ 65 million in new funding.


The company is part of a growing group of businesses that help dig into the vast trove of data created by digital sources such as sensors, posts to the Internet, pictures and videos.












The field caught investor attention when Splunk, another data analytics firm, held an initial public offering earlier this year and doubled in price on its first trading day.


Cloudera’s business is based on Hadoop, open-source software that aggregates results from large sets of data. Cloudera provides services that allow companies to easily use Hadoop.


The funding round was led by Accel Partners, with participation from Greylock Partners, Ignition Partners, In-Q-Tel and Meritech Capital Partners. All Things D, which first reported the funding, said the company’s valuation was $ 700 million.


Cloudera, based in Palo Alto, California, last raised $ 40 million in November 2011.


(Reporting By Sarah McBride; Editing by Edmund Klamann)


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“Gangnam Style” singer Psy apologizes for past anti-U.S. songs












LOS ANGELES (Reuters) – The South Korean pop singer behind the viral smash hit “Gangnam Style” apologized on Friday for past concerts featuring anti-American lyrics, ahead of a holiday performance to be attended by U.S. President Barack Obama and his family.


Psy issued the apology after reports surfaced in the United States on Friday about his participation in two performances critical of the U.S. military in 2004.












Psy’s “Gangnam Style” Korean pop and dance video is now the most-watched video ever on YouTube, with more than 900 million views since it was first uploaded in July.


“While I’m grateful for the freedom to express one’s self, I’ve learned there are limits to what language is appropriate and I’m deeply sorry for how these lyrics could be interpreted,” the rapper said in a statement.


“I will forever be sorry for any pain I have caused by those words,” he added.


In one performance, which Psy said was from eight years ago, the rapper protested the deaths of two teenage South Korean girls who were run over by a U.S. tank stationed in the country.


In a separate performance, Psy was critical of the U.S.-led invasion of Iraq and its occupation, in which South Korean forces participated.


Psy is scheduled to perform at the annual “Christmas in Washington” television special that will also be attended by Obama and his family, the White House said on Friday. Broadcaster TNT said Psy would still perform as planned.


(Reporting by Eric Kelsey; Additional reporting by Mark Felsenthal in Washington; Editing by Jill Serjeant and Peter Cooney)


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Roche breast cancer drug extends overall survival












ZURICH (Reuters) – Swiss pharma group Roche‘s drug Perjeta significantly extended the lives of women with an aggressive and incurable form of breast cancer compared to a placebo, according to new data from a late-stage study presented on Saturday.


The detailed data presented at the San Antonio Breast Cancer Symposium found that the risk of death was reduced by 34 percent in women treated with a combination treatment of the drugs Perjeta and Herceptin plus chemotherapy compared to women treated with Herceptin, chemotherapy and a placebo, Roche said.












Roche is hoping that the Perjeta combination will become the standard treatment for women with a form of cancer known as HER2-positive, which makes up about a quarter of all breast cancers and has no cure.


At the time of the analysis, median overall survival had not yet been reached in people receiving the Perjeta combination, as more than half of these people continued to survive, Roche said.


Median overall survival was more than three years for people who received Herceptin and chemotherapy, Roche said, adding no new safety signals had been observed in the phase III study.


“This treatment combination with Perjeta is the first to have significantly extended survival compared to Herceptin and chemotherapy in people with previously untreated HER2-positive metastatic breast cancer,” Roche’s Chief Medical Officer Hal Barron said in the statement.


Breast cancer is the most common cancer among women worldwide, with about 1.4 million new cases diagnosed each year and more than 450,000 women dying of the disease annually, according to the World Health Organisation.


Perjeta, also known as pertuzumab, is a personalized medicine that targets a protein found in high quantities on the outside of cancer cells in HER2-positive cancers.


It was granted approval by U.S. health regulators in June. Roche is awaiting a decision from European regulators.


Vontobel analyst Andrew Weiss forecasts peak sales of 2 billion Swiss francs ($ 2.15 billion) for the drug.


Roche is also developing an “armed antibody” known as TDM-1 as a treatment for HER2-positive breast cancer. TDM-1 combines Herceptin with a derivative of a powerful type of chemotherapy and is designed to reduce unpleasant side effects. ($ 1 = 0.9313 Swiss francs)


(Reporting by Silke Koltrowitz and Caroline Copley; Editing by Paul Tait)


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Euro falls on grim economic outlook, U.S. data eyed












LONDON (Reuters) – The bleak outlook for the European economy knocked the euro and stalled gains the region’s share markets on Friday, as investors waited to see if nonfarm payrolls data in the United States might affect its monetary policy plans.


A day after the European Central Bank cut its forecasts for growth across the 17-nation euro area next year, Germany’s Bundesbank said there was a chance the region’s debt crisis could send Europe’s biggest economy into recession.












The euro dropped 0.25 percent to a low of $ 1.2932 after the Bundesbank statement, extending losses of over one percent seen on Thursday in reaction to the ECB‘s new forecasts which have heightened speculation of a early rate cut.


“It is unusual that a negative growth projection for the next year is offered before the end of the current year, but with such a view, markets are naturally pricing in an interest rate cut,” said Daisuke Karakama, market economist for Mizuho Corporate Bank.


The main March 2013 German government bond futures contract, which had rallied sharply on the talk of an early ECB rate, was about 3 ticks lower at 145.66, with traders cutting back positions ahead of the U.S. jobs data.


European shares were fractionally higher in early trading, but mainly consolidating around the 18-month highs reached on Thursday on hopes of an improving economic performance in the global economy.


The FTSEurofirst 300 index <.fteu3> of top European shares traded up 0.2 percent at 1,133.95 points, with Germany’s Dax <.gdaxi> up 0.1 percent after the Bundesbank’s announcement.</.gdaxi></.fteu3>


London’s FTSE 100 <.ftse>, and Paris’s CAC-40 <.fchi> opened flat to slightly higher, while a slight dip in U.S. stock futures hinted at a cautious Wall Street open. <.l><.eu><.n></.n></.eu></.l></.fchi></.ftse>


Investors are focused on U.S. non-farm payrolls data, which is expected to show an addition of 93,000 jobs in November, probably dented by superstorm Sandy, against October’s gain of 171,000. The figures, due at 1330 GMT, are also likely to show the unemployment rate holding steady at 7.9 percent.


Federal reserve policymakers are scheduled to meet Dec 11-12 to review monetary policy.


Brent crude meanwhile was steady above $ 107 per barrel, but prices were headed for their biggest weekly loss in more than a month on the worries about the euro zone’s economy and on-going concerns about the looming fiscal crisis in the United States, the world’s top oil consumer.


Brent rose 0.1 percent to $ 107.14. while U.S. crude futures inched up 0.2 percent to $ 86.41 a barrel.


(Reporting by Richard Hubbard; editing by Philippa Fletcher)


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WiLan sues Apple, HTC, Sierra Wireless












(Reuters) – Canadian patent licensing company WiLan Inc filed patent lawsuits against Apple Inc, HTC Corp and Sierra Wireless Inc‘s U.S. unit.


The company filed three suits claiming infringement of its fourth-generation LTE wireless technologies against all three companies in a federal court in Florida.












The other two suits, related to 3G HSPA handset products, were filed against Apple and Sierra in Texas.


(Reporting By Neha Dimri in Bangalore)


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AP Interview: Jackson, cast discuss ‘The Hobbit’












WELLINGTON, New Zealand (AP) — Many fans are eagerly anticipating a return to the fictional world of Middle-earth with next week’s general release of the first movie in “The Hobbit” trilogy. Director Peter Jackson and the film’s stars speak to The Associated Press about making “The Hobbit: An Unexpected Journey“:


— Jackson on shooting at 48 frames per second instead of the standard 24: “We’ve seen the arrival of iPhones and iPads and now there’s a generation of kids — the worry that I have is that they seem to think it’s OK to wait for the film to come out on DVD or be available for download. And I don’t want kids to see ‘The Hobbit‘ on their iPads, really. Not for the first time. So as a filmmaker, I feel the responsibility to say, ‘This is the technology we have now, and it’s different … How can we raise the bar? Why do we have to stick with 24 frames? …’”












“The world has to move on and change. And I want to get people back into the cinema. I want to play my little tiny role in encouraging that beautiful, magical, mysterious experience of going into a dark room full of strangers, and being transported into a piece of escapism.”


Martin Freeman (Bilbo Baggins) on shooting some scenes without other actors around: “I must admit I found the green screen and all that easier than I thought I would. … I found the technical aspect of it quite doable. Some of it’s difficult, but it’s quite enjoyable, actually. It taps into when I used to play ‘war’ as a 6-year-old. And the Germans were all imaginary. Because I was playing a British person. So yeah, I was on the right side. …”


On marrying his performance to that of Ian Holm, who played an older Bilbo Baggins in the “Lord of the Rings” trilogy: “I knew I couldn’t be a slave to it. Because as truly fantastic as Ian Holm is in everything, and certainly as Bilbo, I can’t just go and do an impression of Ian Holm for a year and a half. Because it’s my turn. But it was very useful for me to watch and listen to stuff he did, vocal ticks or physical ticks, that I can use but not feel hamstrung by.”


— Hugo Weaving (Elrond) on the differences in tone to the “Rings” trilogy: “This one feels lighter, more buoyant, but it’s got quite profoundly moving sequences in it, too … I think it’s very different in many ways, and yet it’s absolutely the same filmmaker, and you are inhabiting the same world.”


— Elijah Wood (Frodo) on returning to Middle-earth in a cameo role: “It was a gift to come back … what they’d constructed was such a beautiful remembrance of the characters from the original trilogy.”


Cate Blanchett (Galadriel) on the toughest part of filming: “Trying to keep my children off the set.”


Richard Armitage (Thorin Oakenshield) on being a 6-foot-2 guy playing a dwarf: “It’s amazing how quickly you get used to it. And also, we spent most of the shoot much bigger than a 6-foot-2 guy. I mean, I had lifts in my shoes, I was wider, I was taller, and bigger-haired. And I actually think that was quite an interesting place to be, because I do think dwarfs have big ideas about themselves …”


— Andy Serkis (Gollum) on taking on the additional role of second-unit director: “There were only a couple of times where there were really, really black days where I went away thinking, ‘This is it. I can’t do it.’ But on the whole, Pete (Jackson) was so brilliant at allowing me to set stuff up and then critiquing my work … but at least I would have my stab at it.”


On the film itself: “I think it’s a great story. I think it’s a beautifully crafted film with great heart. A rollicking adventure, and it feels to me like this really massive feast that everyone will enjoy eating.”


Entertainment News Headlines – Yahoo! News


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Strong quake hits off Japan near Fukushima disaster zone












TOKYO (Reuters) – A strong quake centered off northeastern Japan shook buildings as far away as Tokyo on Friday and triggered a one-meter tsunami in an area devastated by last year’s Fukushima disaster, but there were no immediate reports of deaths or serious damage.


The quake had a preliminary magnitude of 7.3, the U.S. Geological Survey said, adding that there was no risk of a widespread tsunami.












The March 2011 earthquake and following tsunami killed nearly 20,000 people and triggered the world’s worst nuclear crisis in 25 years when the Fukushima-Daiichi nuclear plant was destroyed, leaking radiation into the sea and air.


Workers at the plant were ordered to move to higher ground after Friday’s quake. Tokyo Electric Power Co, the operator of the Fukushima nuclear plant, reported no irregularities at its nuclear plants.


All but two of Japan‘s 50 nuclear reactors have been idled since the Fukushima disaster as the government reviews safety.


The quake measured a “lower 5″ in Miyagi prefecture on Japan’s scale of one to seven, meaning there might be some damage to roads and houses that are less quake resistant.


The scale measures the amount of shaking and in that sense gives a better idea of possible damage than the magnitude. The quake registered a 4 in Tokyo.


The one-meter tsunami hit at Ishinomaki, in Miyagi, at the centre of the devastation from the March 2011 disaster. All Miyagi trains halted operations and Sendai airport, which was flooded by the tsunami last year, closed its runway.


Five people in the prefecture were slightly injured.


“I was in the centre of the city the very moment the earthquake struck. I immediately jumped into the car and started running away towards the mountains. I’m still hiding inside the car,” said Ishinomaki resident Chikako Iwai.


“…I have the radio on and they say the cars are still stuck in the traffic. I’m planning to stay here for the next couple of hours.”


Narita airport outside Tokyo was back in action after a brief closure for safety checks. There were small tsunamis, measuring in the centimeters, elsewhere near the epicenter.


Last year’s quake, which measured 9.0, triggered fuel-rod meltdowns at Fukushima, causing radiation leakage, contamination of food and water and mass evacuations. Much of the area is still deserted.


The government declared in December that the disaster was under control.


“Citizens are now escaping to designated evacuation centers and moving to places on higher ground,” office worker Naoki Ara said in Soma, 30 km (18 miles) from the Fukushima-Daiichi plant.


Prime Minister Yoshihiko Noda cancelled campaigning in Tokyo ahead of a December 16 election and was on his way back to his office, but there was no immediate plan to hold a special cabinet meeting.


Public spending on quake-proofing buildings is a big election issue.


Japanese were posting photos of their TV screens with tsunami warnings on Facebook, asking each other whether they’re safe, confirming their whereabouts.


“It shook for a long time here in Tokyo, are you guys all right?” posted Eriko Hamada, enquiring about the safety of her friends.


Phone lines were overloaded and it was difficult to contact residents of Miyagi.


“Owing to the recent earthquake, phone lines are very busy, please try again later,” the phone operator said.


The yen rose against the dollar and the euro on the news, triggering some safe-haven inflows into the Japanese currency.


(Additional reporting by Tomasz Janowski, Leika Kihara and Aaron Sheldrick; Writing by Nick Macfie; Editing by Ken Wills)


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Standard Chartered sees $330 million settlement on Iran












HONG KONG (Reuters) – Standard Chartered expects to pay $ 330 million to settle a case with U.S. regulators who accused the Asia-focused bank of failing to comply with sanctions against Iran, further denting profit growth this year.


The settlement will be on top of the $ 340 million it paid to New York’s Department of Financial Services in the third quarter, which pushed its before-tax profit growth in 2012 to a mid-single-digit percentage from more than 10 percent, StanChart said in a statement on Thursday.












Any earnings growth would mean a 10th straight year of record profits, as StanChart has ridden on Asia‘s rise through much of the last decade, allowing it to continue hiring and increasing earnings when much of the industry is shrinking.


“It ain’t broke, so they’re not fixing it,” said Jim Antos, an analyst at Mizuho Securities in Hong Kong. “The thing they are doing is trying to add new businesses, but there isn’t a compelling story and that’s why their shares haven’t moved.”


Standard Chartered said it expected talks with U.S. Federal regulators to conclude shortly, confirming a Reuters report in early November.


Despite its regulatory woes, the bank is one of the few still hiring in the industry, saying in August it intended to add at least 1,500 more staff in the second half of this year. By contrast, most rivals have been cutting, with Citi saying on Wednesday it was cutting 11,000 jobs.


“We continue to see significant opportunities across our markets in Asia, Africa and the Middle East,” Chief Executive Peter Sands wrote in a statement released on Thursday.


KEEPING LID ON COSTS


A rise in the number of out-of-work bankers meant Standard Chartered was able to maintain a lid on costs, with revenue growing faster than costs — a phenomenon known in financial industry jargon as “positive jaws”.


For much of 2010, StanChart was hit by ever-rising costs as an increasing number of banks and brokerages tried to expand in Asia. Since then, various minor players including Samsung Securities and KBW have begun pulling out.


The bank does not release specific numbers in its trading updates, which it keeps for its annual report that is typically released in late February. It singled out Malaysia, China and Indonesia as regions where income grew by at least 10 percent.


In Hong Kong, its biggest market, income grew at a high single-digit percentage, the bank said.


StanChart’s Hong Kong-listed shares are up 9 percent year-to-date, lagging the 20 percent rise on the Hang Seng Index.


Asset quality remained good, the bank said, with loan impairments within the wholesale bank expected to be below the levels seen in the first half of this year. For the consumer bank, loan impairment is expected to increase by at least 10 percent from the first half.


However, StanChart pointed to India and the Middle East as two markets where it was watchful for asset quality. Slowing growth in some emerging markets has raised concern that StanChart could be hit by a rise in bad loans.


The bank appointed a new global head of loan syndication in late November, naming Cristian Jonsson to replace Philip Cracknell, who is retiring in March.


To diversify away from its traditional lending business, the bank has been looking to expand to areas such as commodities, where it aims to double revenue in the next four years, it said on Tuesday.


(Editing by Alex Richardson)


Business News Headlines – Yahoo! News


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South Africa military plane crashes in mountains












JOHANNESBURG (AP) — A South African military aircraft on an unknown mission to an area near the village where former President Nelson Mandela lives crashed in a mountain range, officials said Thursday. It was unclear whether there were any survivors.


The Douglas DC-3 Dakota, a twin-propeller aircraft, had taken off from Pretoria’s Waterkloof Air Force Base on Wednesday night, said Brig. Gen. Xolani Mabanga, a military spokesman. On Thursday morning, soldiers found the wreckage of the airplane in the Drakensberg mountains near Ladysmith in KwaZulu-Natal province, some 340 kilometers (210 miles) southeast of the air base, Mabanga said.












Mabanga said soldiers had been sent to the scene to look for survivors. Mabanga said he did not know what the mission of the aircraft was, though it had planned to land in Mthatha in the country’s Eastern Cape. Siphiwe Dlamini, a Defense Ministry spokesman, declined to immediately comment Thursday morning.


Mthatha is about 30 kilometers (17 miles) north of Qunu, the village where Mandela now lives after retiring from public life. South Africa‘s military remains largely responsible for the former president’s medical care. However, military officials declined to say whether those on board had any part in caring for Mandela.


In November, another South African military flight crash landed at Mthatha, sending several people to the hospital with injuries. However, at that time, the military denied that those on board had anything to do with Mandela’s care.


Mandela, 94, was imprisoned for nearly three decades for his fight against apartheid before becoming the nation’s president in the country’s first fully democratic vote in 1994.


___


Jon Gambrell can be reached at www.twitter.com/jongambrellAP .


Africa News Headlines – Yahoo! News


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Guatemala detains McAfee, to expel him to Belize












GUATEMALA CITY (Reuters) – Guatemalan police arrested U.S. software guru John McAfee on Wednesday for illegally entering the country and said it would seek to expel him to neighboring Belize, which he fled after being sought for questioning over his neighbor’s murder.


McAfee, who had been in hiding for three weeks, crossed into Guatemala with his 20-year-old girlfriend to evade authorities in Belize who wanted to quiz him as “a person of interest” about the killing of fellow American Gregory Faull.












“He entered the country illegally and we are going to seek his expulsion for this crime,” Interior Minister Mauricio Lopez Bonilla said. McAfee was detained by Guatemalan police and a member of Interpol at the upscale Intercontinental hotel in Guatemala City.


One of Silicon Valley’s first entrepreneurs to build an Internet fortune, the 67-year-old made millions of dollars through the antivirus software that now carries his name.


McAfee’s behavior has been increasingly erratic in recent years but there is no international arrest warrant for him. Police in Belize say he is not a prime suspect.


Government spokesman Francisco Cuevas said the entrepreneur would be expelled to Belize and he expected the process to be completed by early Thursday morning.


Fernando Lucero, spokesman for Guatemala’s immigration department, saidimmediate deportation had been ruled out. McAfee’s lawyer Telesforo Guerra was seeking an injunction to have him released and the American said on his blog www.whoismcafee.com that he would not now be returned to the Belize border until a higher judge reviewed the case.


McAfee was taken to a residence belonging to the immigration department guarded by a small group of police.


He had been seeking political asylum in Guatemala, which has been embroiled in a long-running territorial dispute with Belize. .


Residents and neighbors on the Caribbean island of Ambergris Caye, where McAfee has lived in Belize for about four years, say he is eccentric, impulsive, volatile and at times unstable, citing his love of guns and young women.


McAfee has said he believes authorities in Belize will kill him if he turns himself in for questioning. Belize’s prime minister has denied this and called him paranoid and “bonkers.”


“It’s a wild, wild country,” McAfee told Reuters in an interview in his hotel room just hours before his detention.


“Everyone sees one part of Belize,” he said. “They think it’s a wonderful, peaceful, lovely place, blue waters, so McAfee has got to be crazy. Maybe I am crazy. If I were, I wouldn’t know.”


In Belize, he was often seen with armed bodyguards dressed in camouflage, pistols tucked into his belt. McAfee’s slain neighbor had complained about the loud barking of dogs that guarded his exclusive beachside compound.


His run-in with authorities in Belize is a world away from a successful life in the United States, where the former Lockheed systems consultant started McAfee Associates in the late 1980s. McAfee has no relationship now with the company, which was sold to Intel Corp.


NO REGRETS


There was already a case against McAfee in Belize for possession of illegal firearms, and police had previously raided his property on suspicion he was running a lab to make illegal synthetic narcotics.


He says he has not taken drugs since 1983.


“(Before then) I took drugs constantly, 24 hours of the day, I took them for years and years. I was the worst drug abuser on the planet,” McAfee said. “Then I finally went to Alcoholics Anonymous, and that was the end of it.”


But he has no regrets about the path his life has taken, or the loss of the lion’s share of his fortune over the years and says he is happier now that he cares less for material things.


“My life has not declined,” he said. “My life has been on the increase ever since I decided that stuff – houses, money – doesn’t mean much. I had more money than I could spend in million lifetimes. Why would I care?”


McAfee says he has been persecuted by Belize’s ruling party because he wouldn’t pay out some $ 2 million to it.


“The misunderstanding of the severity of their request for money was my big mistake,” McAfee said. “Had I known that, I would maybe have said $ 2 million is way too much. Let’s negotiate something, just don’t rape me for the next seven months. Writing a check would have been a lot easier.”


The party has denied soliciting money from him.


McAfee has been living in the tiny Central American nation for about four years, and wants to return to live there eventually. But he says he is being framed, and denies any involvement in his neighbor’s killing.


“We had one disagreement about a dog. I had disagreements with all my neighbors about my dogs. I had a disagreement with myself about my dogs. They were noisy,” he said.


“Why would I leave behind the body and all the evidence?” he asked. “I’m not stupid.”


(Additional reporting by Gabriel Stargardter; Writing by Simon Gardner; Editing by Philip Barbara, Lisa Shumaker and Patrick Graham)


Tech News Headlines – Yahoo! News


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Male artists lead 2013 Grammy nominations












NASHVILLE, Tennessee (Reuters) – Male artists led the nominations announced on Wednesday for the 2013 Grammys, as fun., Frank Ocean, Mumford & Sons, Jay-Z, Kanye West and Dan Auerbach from The Black Keys landed six nods each for music’s biggest awards.


The nominations for New York-based indie-pop band fun. – made up of Nate Ruess, Andrew Dost and Jack Antonoff – included the four main categories for record, song and album of the year, and best new artist.












fun., which also performed at the Grammy nominations concert with Janelle Monae, said it felt good to be recognized and “took pride” in its live performances.


“Tonight, all I wanted to do was get up and really give it our all … receiving the nomination is amazing and a culmination of hard work the three of us have put into this band,” lead singer Ruess told reporters backstage.


The group scored a huge hit with its first single, “We Are Young,” and then followed that up with its successful album “Some Nights” and single of the same name.


Joining it in the album, record of the year and best new artist categories was hip hop artist Ocean.


The 25-year-old rapper-singer made waves earlier this year after revealing his first love was a man, a groundbreaking move in the hip hop industry, which has faced criticism in the past for being hostile toward gays.


His debut album, “Channel Orange” was a critical and commercial success, debuting at No. 2 on the Billboard 200 album chart in July.


Ocean and fun. will be competing with blues-rock group Alabama Shakes, country singer Hunter Hayes and folk-rockers The Lumineers for the coveted best new artist title.


While young male artists made up a large portion of nominees in key categories, noticeably absent was 18-year-old Canadian singer Justin Bieber, one of 2012′s biggest pop music stars with chart-topping album “Believe” and singles such as “Boyfriend.”


The winners will be announced at the televised awards show in Los Angeles on February 10.


AFTER ADELE, MALE ARTISTS LEAD


After British singer Adele dominated the previous Grammy Awards with her juggernaut album “21,” male artists took the lead in the album of the year category, where Ocean and fun. are competing with The Black Keys, Mumford & Sons and Jack White.


British folk band Mumford & Sons, which scored six nominations both in 2011 and 2012 for its debut album, “Sigh No More,” landed six more nominations on Wednesday for its chart-topping sophomore album, “Babel,” which is the second biggest-selling album in the United States this year.


Ohio rock duo The Black Keys, formed by frontman Auerbach and drummer Patrick Carney, landed five nominations, while Auerbach also notched a non-classical producer of the year nomination for his work on four albums.


Blues-rocker Jack White, the former frontman of The White Stripes, picked up three nods for his chart-topping debut solo album “Blunderbuss.”


Rappers Jay-Z and Kanye West continued to pick up nods for their 2011 album, “Watch The Throne,” including best rap performance for “N****s in Paris.” Jay-Z also landed nods for collaborating on songs with Young Jeezy and Rihanna, while West scored multiple nominations for his song “Mercy.”


Kelly Clarkson was one of the few leading female nominees, picking up three nominations, including record of the year and best pop vocal album.


R&B singer Rihanna also landed three nods, including best solo pop performance for “Where Have You Been.”


Record of the year nominees saw an assortment of rock, pop and hip hop nominees, with Clarkson’s “Stronger” competing with The Black Keys‘ “Lonely Boy,” fun.’s “We Are Young,” Australian artist Gotye’s heartbreak hit “Somebody That I Used To Know,” Ocean’s “Thinkin Bout You,” and Taylor Swift’s “We Are Never Ever Getting Back Together.”


To be eligible for nominations this year, artists had to release their music between October 1, 2011, and September 30, 2012.


Adele, who swept the awards in February with six accolades including the top three, landed only one nomination this year for best pop solo performance, as she did not release any music in the eligibility time frame.


The nominations for the top awards and main categories were announced during an hour-long televised concert in Nashville for the first time, co-hosted by country-pop artist Swift and veteran Grammy host, rapper-actor LL Cool J.


Adding a twist to the announcements, Hayes sang the nominees for best pop album, a tight contest between Maroon 5, Clarkson, Pink, fun. and Florence and the Machine. Hayes picked up two nods for best new artist and best country vocal performance.


British rock legends The Who will receive the Grammy Lifetime Achievement Award in February.


(Writing by Piya Sinha-Roy; Editing by Peter Cooney and Lisa Shumaker)


Music News Headlines – Yahoo! News


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Celebrations planned as Wash. legalizes marijuana












SEATTLE (AP) — Legal marijuana possession becomes a reality under Washington state law on Thursday, and some people planned to celebrate the new law by breaking it.


Voters in Washington and Colorado last month made those the first states to decriminalize and regulate the recreational use of marijuana. Washington‘s law takes effect Thursday and allows adults to have up to an ounce of pot — but it bans public use of marijuana, which is punishable by a fine, just like drinking in public.












Nevertheless, some people planned to gather at 12:01 a.m. PST Thursday to smoke in public beneath Seattle‘s Space Needle. Others planned a midnight party outside the Seattle headquarters of Hempfest, the 21-year-old festival that attracts tens of thousands of pot fans every summer.


“This is a big day because all our lives we’ve been living under the iron curtain of prohibition,” said Hempfest director Vivian McPeak. “The whole world sees that prohibition just took a body blow.”


In another sweeping change for Washington, Gov. Chris Gregoire on Wednesday signed into law a measure that legalizes same-sex marriage. The state joins several others that allow gay and lesbian couples to wed.


That law also takes effect Thursday, when gay and lesbian couples can start picking up their wedding certificates and licenses at county auditors’ offices. Those offices in King County, the state’s largest and home to Seattle, and Thurston County, home to the state capital of Olympia, planned to open the earliest, at 12:01 a.m. Thursday, to start issuing marriage licenses. Because the state has a three-day waiting period, the earliest that weddings can take place is Sunday.


The Seattle Police Department provided this public marijuana use enforcement guidance to its officers via email Wednesday night: “Until further notice, officers shall not take any enforcement action — other than to issue a verbal warning — for a violation of Initiative 502.”


Thanks to a 2003 law, marijuana enforcement remains the department’s lowest priority. Even before I-502 passed on Nov. 6, police rarely busted people at Hempfest, despite widespread pot use, and the city attorney here doesn’t prosecute people for having small amounts of marijuana.


Officers will be advising people to take their weed inside, police spokesman Jonah Spangenthal-Lee wrote on the SPD Blotter. “The police department believes that, under state law, you may responsibly get baked, order some pizzas and enjoy a ‘Lord of the Rings’ marathon in the privacy of your own home, if you want to.”


Washington’s new law decriminalizes possession of up to an ounce for those over 21, but for now selling marijuana remains illegal. I-502 gives the state a year to come up with a system of state-licensed growers, processors and retail stores, with the marijuana taxed 25 percent at each stage. Analysts have estimated that a legal pot market could bring Washington hundreds of millions of dollars a year in new tax revenue for schools, health care and basic government functions.


But marijuana remains illegal under federal law. That means federal agents can still arrest people for it, and it’s banned from federal properties, including military bases and national parks.


The Justice Department has not said whether it will sue to try to block the regulatory schemes in Washington and Colorado from taking effect.


“The department’s responsibility to enforce the Controlled Substances Act remains unchanged,” said a statement issued Wednesday by the Seattle U.S. attorney’s office. “Neither states nor the executive branch can nullify a statute passed by Congress” — a non-issue, since the measures passed in Washington and Colorado don’t “nullify” federal law, which federal agents remain free to enforce.


The legal question is whether the establishment of a regulated marijuana market would “frustrate the purpose” of the federal pot prohibition, and many constitutional law scholars say it very likely would.


That leaves the political question of whether the administration wants to try to block the regulatory system, even though it would remain legal to possess up to an ounce of marijuana.


Colorado’s measure, as far as decriminalizing possession goes, is set to take effect by Jan. 5. That state’s regulatory scheme is due to be up and running by October 2013.


___(equals)


Johnson can be reached at https://twitter.com/GeneAPseattle


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Fracking in the U.K.: Britain Looks to Boost Shale Gas












Could a European shale-gas revolution start in Britain? While efforts to drill gas from shale deposits have stalled on the Continent, the British government could soon give the go-ahead to drilling and provide tax breaks to encourage it.


Chancellor of the Exchequer George Osborne, scheduled to unveil a new government energy plan on Dec. 5, has said he wants to ensure that “Britain is not left behind” the U.S., where a shale-gas boom has dramatically lowered prices and ended the country’s dependence on imported gas.












Energy Secretary Ed Davey wants to lift a moratorium on hydraulic fracturing, the controversial drilling method known as fracking, that was imposed last year after drilling by Britain’s Cuadrilla Resources caused two minor earthquakes in northwestern England. Cuadrilla’s chief executive, Francis Egan, told London’s Telegraph newspaper on Dec. 1 that he was ready to “press on quickly” if the ban were ended.


The enthusiasm in Britain contrasts sharply with France, the only other Western European country with significant shale-gas reserves. French President François Hollande, elected in May, has promised to maintain a ban on fracking during his 5-year term. Poland also has shale-gas reserves, but early exploration has yielded disappointing results.


Drilling in Britain won’t start immediately. In his Dec. 5 presentation, Osborne is expected to call for consultations on what he has described previously as “a generous new tax regime” to encourage shale-gas development. He also will suggest creating an agency called the Office of Unconventional Gas to allow industry, consumer groups, and environmentalists to settle disputes and to regulate the sector, people familiar with the plan told Bloomberg News. Energy Secretary Davey has said that questions about regulatory oversight and the involvement of local communities should be addressed before drilling resumes.


Still, it’s clear the government has put shale gas on a fast track. Britain’s North Sea gas reserves are being depleted; they’re expected to decline from 40 percent of the current gas supply to only 20 percent by 2030, according to Bloomberg New Energy Finance. That will force the country to rely increasingly on imports from Africa and the Middle East. And British natural-gas customers are paying almost three times as much as their counterparts in the U.S., where a flood of shale-gas has sent prices plunging.


Cuadrilla estimates that the area it is exploring in Lancashire, in northwestern England, could contain 200 trillion cubic feet of gas—more gas than all of Iraq. “We can supply a quarter of the U.K.’s gas demand,” CEO Egan told the Telegraph. The company, whose chairman is former BP (BP) CEO John Browne, voluntarily suspended exploration in Lancashire after earthquakes there in April and May 2011 were linked to its drilling. The company and government officials have subsequently said they believe fracking can be carried out safely.


Opponents are already mobilizing. Hundreds of anti-fracking demonstrators protested in London and other cities on Dec. 1. Besides worrying about potential earthquakes and groundwater contamination, environmental activists say that shale-gas development will undermine efforts to develop nonpolluting renewable energy sources.


Advocates who expect to replicate the U.S. shale-gas boom are likely to be disappointed, though. More-stringent British environmental regulations and mineral-rights rules will add to development costs, says John Williams, an energy analyst at Pöyry Management Consulting in Oxford. In a recent study, Williams and two colleagues estimated that the planned development in Lancashire would lower British gas prices no more than 4 percent. “We’re not going to see anything like the price crash in the U.S.,” Williams says.


The Pöyry study, based on a review of data provided by Cuadrilla, estimated that Lancashire shale could supply 21 percent of Britain’s gas by 2030. That won’t harm the country’s efforts to reduce carbon emissions, Williams says, because it could reduce the need to burn coal. Gas “is the obvious backup fuel” when wind and solar power aren’t available because of weather conditions, he says. “If you are going to need gas, shale can be a source.”


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Facebook just realized it made a horrible mistake












Facebook (FB) announced on Tuesday that it will begin opening Facebook Messenger to consumers who do not have a Facebook account, starting in countries like India and South Africa, and later rolling out the service in the United States and Europe. This is a belated acknowledgement of a staggering strategic mistake Facebook made two years ago. That is when the messaging app competition was still wide open and giants like Facebook or Google (GOOG) could have entered the competition. WhatsApp, the leading messaging app firm, had just 1 million users as late as December 2009. By the end of 2010, that number had grown to 10 million. Right now, it likely tops 200 million, though there is no current official number on the matter.


SMS usage started peaking in countries like Netherlands in 2010. Companies like Facebook, Twitter and Google were being offered a giant new market on a silver platter with more than 3 billion consumers worldwide use texting on their phones and many of them started drifting away from basic SMS towards IP-based alternatives a few years ago. None of the behemoths saw or understood the opportunity.












They allowed the mobile messaging market to turn into a free-for-all between tiny start-ups like KakaoTalk, Kik, Viber, WhatsApp, etc. And with astonishing speed, the global market picked a winner and rallied around it. Back in early 2011, there was serious debate about the relative merits of different messaging apps and which one might ultimately edge ahead.


In December 2012, the competitive landscape is stark. Kik is not a Top 5 app in any country in the world. Viber is a Top 5 app in 21 countries, but they are countries like Barbados, Nepal and Tajikistan. WhatsApp is a Top 5 app in 141 countries, including the U.S,, U.K., Germany, Brazil and India. The only real weakness of WhatsApp lies in China, Japan and South Korea, where local champions still lead. But those local apps have zero chance of breaking out of their home markets.


The mobile messaging app competition is over. It turned into a red rout sometime during late 2011 and WhatsApp has emerged as the sole beneficiary of a textbook case of the network effect.


Facebook, Google and Twitter threw away their golden chance to create an SMS killer and grab hold of a billion users globally. It would have been so easy and cheap to develop a simple texting app in 2009, leverage the current user base of any of the IT giants and then watch the app soar to global prominence.


And it is so very, very hard to do now. Dislodging WhatsApp now would mean neutralizing a smartphone market penetration advantage that is hitting 80% in some markets. People often ask me why I’m so fixated on WhatsApp and the answer is simple: it’s the most popular and important mobile app in the world. And it beat Facebook, Twitter, Google and other major companies before they even realized there was an important war being waged.


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Ex-”Malcolm in the Middle” star Muniz, 26, suffers mini-stroke












LOS ANGELES (Reuters) – Former “Malcolm in the Middle” child star Frankie Muniz said on Tuesday he had suffered a mini-stroke, at the age of 26.


“I was in the hospital last Friday. I suffered a ‘Mini Stroke‘, which was not fun at all. Have to start taking care of my body! Getting old!,” Muniz said on Twitter.












Muniz put his acting career on hold six years ago to race cars for a living, and earlier this year he joined a rock band.


According to celebrity website TMZ.com, Muniz was taken ill in Arizona last Friday when friends noticed he was having trouble speaking and understanding.


Mini-strokes usually affect those over the age of 55. They are temporary interruptions of blood flow to part of the brain but do not kill brain tissue, according to the Mayo Clinic.


Muniz’s agent did not return calls for comment.


Muniz played the title role in the hit TV comedy “Malcolm in the Middle” for six years, and appeared in teen movies “Big Fat Liar” and “Agent Cody Banks.”


When the TV show ended its run in 2006, Muniz said he was stepping away from acting to pursue a full-time career as a race-car driver. Earlier his year he joined Pennsylvania-based indie band Kingsfoil as a drummer.


Muniz is due to turn 27 on Wednesday.


(Reporting by Jill Serjeant; editing by Matthew Lewis)


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Trafficked maids to order: The darker side of richer India












NEW DELHI, Dec 4 (TrustLaw) – Inside the crumbling housing estates of Shivaji Enclave, amid the boys playing cricket and housewives chatting from their balconies, winding staircases lead to places where lies a darker side to India‘s economic boom.


Three months ago, police rescued Theresa Kerketa from one of these tiny two-roomed flats. For four years, she was kept here by a placement agency for domestic maids, in between stints as a virtual slave to Delhi‘s middle-class homes.












“They sent me many places – I don’t even know the names of the areas,” said Kerketa, 45, from a village in Chhattisgarh state in central India. “Fifteen days here, one month there. The placement agent kept making excuses and kept me working. She took all my salary.”


Often beaten and locked in the homes she was sent to, Kerketa was forced to work long hours and denied contact with her family. She was not informed when her father and husband died. The police eventually found her when a concerned relative went to a local charity, which traced the agency and rescued her together with the police.


Abuse of migrant maids from Africa and Asia in the Middle East and parts of Southeast Asia is commonly reported.


But the story of Kerketa is the story of many maids and nannies in India, where a surging demand for domestic help is fuelling a business that, in large part, thrives on human trafficking by unregulated placement agencies.


As long as there are no laws to regulate the placement agencies or even define the rights of India’s unofficially estimated 90 million domestic workers, both traffickers and employers may act with impunity, say child and women’s rights activists and government officials.


Activists say the offences are on the rise and link it directly to the country’s economic boom over the last two decades.


“Demand for maids is increasing because of the rising incomes of families who now have money to pay for people to cook, clean and look after their children,” says Bhuwan Ribhu from Bachpan Bachao Andolan (Save the Childhood Movement), the charity that helped rescue Kerketa.


Economic reforms that began in the early 1990s have transformed the lifestyles of many Indian families. Now almost 30 percent of India’s 1.2 billion people are middle class and this is expected to surge to 45 percent by 2020.


Yet as people get wealthier, more women go out to work and more and more families live on their own without relatives to help them, the voracious demand for maids has outstripped supply.


BEHIND CLOSED DOORS


There are no reliable figures for how many people are trafficked for domestic servitude. The Indian government says 126,321 trafficked children were rescued from domestic work in 2011/12, a rise of almost 27 percent from the previous year. Activists say if you include women over 18 years, the figure could run into the hundreds of thousands.


The abuse is difficult to detect as it is hidden within average houses and apartments, and under-reported, because victims are often too fearful to go to the police. There were 3,517 incidents relating to human trafficking in India in 2011, says the National Crime Records Bureau, compared to 3,422 the previous year.


Conviction rates for typical offences related to trafficking – bonded labor, sexual exploitation, child labor and illegal confinement – are also low at around 20 percent. Cases can take up to two years to come to trial, by which time victims have returned home and cannot afford to return to come to court. Police investigations can be shoddy due to a lack of training and awareness about the seriousness of the crime.


Under pressure from civil society groups as well as media reports of cases of women and children trafficked not just to be maids, but also for prostitution and industrial labor, authorities have paid more attention in recent years.


In 2011, the government began setting up specialized anti-human trafficking units in police stations throughout the country.


There are now 225 units and another 110 due next year whose job it is to collect intelligence, maintain a database of offenders, investigate reports of missing persons and partner with charities in raids to rescue victims.


Parveen Kumari, director in charge of anti-trafficking at the ministry of home affairs, says so far, around 1,500 victims have been rescued from brick kilns, carpet weaving and embroidery factories, brothels, placement agencies and houses.


“We realize trafficking is a bigger issue now with greater demand for labor in the cities and these teams will help,” said Kumari. “The placement agencies are certainly under the radar.”


NATIONAL HEADLINES


The media is full of reports of minors and women lured from their villages by promises of a good life as maids in the cities. They are often sent by agencies to work in homes in Delhi, and its satellite towns such as Noida and Gurgaon, where they face a myriad of abuses.


In April, a 13-year-old maid heard crying for help from the balcony of a second floor flat in a residential complex in Delhi’s Dwarka area became a national cause célèbre.


The girl, from Jharkhand state, had been locked in for six days while her employers went holidaying in Thailand. She was starving and had bruises all over her body.


The child, who had been sold by a placement agency, is now in a government boarding school as her parents are too poor to look after her. The employers deny maltreatment, and the case is under investigation, said Shakti Vahini, the Delhi-based child rights charity which helped rescue her.


In October, the media reported the plight of a 16-year-old girl from Assam, who was also rescued by police and Shakti Vahini from a house in Delhi’s affluent Punjabi Bagh area. She had been kept inside the home for four years by her employer, a doctor. She said he would rape her and then give her emergency contraceptive pills. The doctor has disappeared.


ONE ON EVERY BLOCK


Groups like Save the Children and ActionAid estimate there are 2,300 placement agencies in Delhi alone, and less than one-sixth are legitimate.


“There are so many agencies and we hear so many stories, but we are not like that. We don’t keep the maids’ salaries and all are over 18,” said Purno Chander Das, owner of Das Nurse Bureau, which provides nurses and maids in Delhi’s Tughlakabad village.


The Das Nurse Bureau is registered with authorities – unlike many agencies operating from rented rooms or flats in slums or poorer neighborhoods like Shivaji Enclave in west Delhi. It is often to these places that maids are brought until a job is found.


There are no signboards, but neighbors point out the apartments that house the agencies and talk of the comings and goings of girls who stay for one or two days before being taken away.


“There is at least one agency in every block,” says Rohit, a man in his twenties, who lives in one of scores of dilapidated government-built apartment blocks in Shivaji Enclave.


With a commission fee of up to 30,000 rupees ($ 550) and a maids’ monthly salary of up to 5,000 rupees ($ 90), an agency can make more than $ 1,500 annually for each girl, say anti-trafficking groups.


A ledger recovered after one police raid, shown by the charity Bachpan Bachao Andolan to Thomson Reuters Foundation, had the names, passport pictures and addresses of 111 girls from villages in far-away states like West Bengal, Jharkhand, Assam and Chhattisgarh, most of them minors.


The Delhi state government has written a draft bill to help regulate and monitor placement agencies and has invited civil society groups to provide feedback.


But anti-trafficking groups say what is really needed a country-wide law for these agencies, which are not just mushrooming in cities like Delhi but also Mumbai and other towns and cities.


The legislation would specify minimum wages, proper living and working conditions and a mechanism for financial redress for unpaid salaries. It would also specify that placement agencies keep updated record of all domestic workers which would subject to routine inspection by the labor department.


In the meantime, victims like Theresa Kerketa just want to warn others.


“The agencies and their brokers tell you lies. They trap you in the city where you have no money and know no one,” said Kerketa, now staying with a relative in a slum on the outskirts of south Delhi as she awaits compensation.


“I will go back and tell others. It is better to stay in your village, be beaten by your husband and live as a poor person, than come to the city and suffer at the hands of the rich.”


(TrustLaw is a global news service covering human rights and governance issues and run by the Thomson Reuters Foundation, the charitable arm of Thomson Reuters)


(Editing by Sonya Hepinstall)


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Does Rupert Murdoch Know Something Tina Brown Doesn’t?












On Monday morning, News Corp. (NWS) executives announced they were pulling the plug on The Daily, Rupert Murdoch’s ambitious foray into tablet-only newsgathering, which launched amid lofty expectations in February 2011. The Daily will stop publishing on Dec. 15.


“From its launch, The Daily was a bold experiment in digital publishing and an amazing vehicle for innovation,” Murdoch said in a press release today. “Unfortunately, our experience was that we could not find a large enough audience quickly enough to convince us the business model was sustainable in the long term.”












But in the helter-skelter media world of 2012, one mogul’s unsustainable business model is another’s salvation. Exit Murdoch. Enter Barry Diller.


On Dec. 31, two weeks after the Daily drops out of tablet-only publishing, Diller’s Newsweek will publish its last print edition in favor of going digital only.


One of the keys to Newsweek’s future sustainability, Editor-in-Chief Tina Brown explained back in October, is to take advantage of the rise of tablet readers.


“Tablet-use has grown rapidly among our readers and with it the opportunity to sustain editorial excellence through swift, easy digital distribution—a superb global platform for our award-winning journalism,” wrote Brown. “By year’s end, tablet users in the United States alone are expected to exceed 70 million, up from 13 million just two years ago.”


No doubt, Murdoch wishes her well.


In the end, both visions (tablet journalism as a failure; tablet journalism as a savior) could be wrong. As tablets continue to proliferate among consumers, it’s likely the devices will serve as just one of the many outlets where publishers will need to reach digital readers.


The Daily missed the whole point of digital publication, which is that you can reach a vast, worldwide audience across a wide array of platforms without having to design entirely separate products for each one,” writes Will Oremus at Slate. “It’s one thing for general-interest magazines like Slate, Salon, Buzzfeed, or the Huffington Post to do away with the huge costs and constraints of a print product. Once you’ve done that, narrowing your focus to a single device limits your audience far more sharply than it limits your expenses.”


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Facebook voting begins on Instagram data-sharing, email privacy












SAN FRANCISCO (Reuters) – Facebook Inc opened the polls on Monday for its roughly 1 billion users to vote on a variety of changes to the social network‘s policies, including a proposal to scrap the user voting system that Facebook introduced in 2009.


Facebook also said it had “clarified” some of the proposed changes, specifying that a new policy allowing it to share user data with recently acquired photo-application Instagram will be carried out in compliance with applicable laws and that Facebook will seek user consent when necessary.












The proposed changes, which Facebook announced on November 21, generated roughly 89,000 user comments as well as concerns from some privacy-advocacy groups and a request for more information from the Data Protection Commission in Ireland, where Facebook’s European business has its headquarters.


“Based on your feedback and after consultation with our regulators, including the Irish Data Protection Commissioner‘s Office, we’ve further clarified some of our proposals,” said Elliot Schrage, Facebook Vice President of Communications, Public Policy and Marketing in a post on Facebook’s company blog on Monday.


Facebook is proposing to eliminate the 4-year-old system that allows users to vote on changes to its governance policies. The company says the voting system hasn’t functioned as intended and is no longer suited to its current situation as a large publicly traded company subject to oversight by various regulatory agencies.


Facebook said on Monday that it would incorporate user suggestions for creating new tools to “enhance communication” on privacy and governance matters.


Another proposal would loosen the restrictions on how members of the social network can contact other members using the Facebook email system. The company said it planned to replace the “Who can send you Facebook messages” setting with new filters for managing incoming messages.


Facebook’s potential information sharing with Instagram, a photo-sharing service for smartphone users that it bought in October, flows from proposed changes that would allow the company to share information between its own service and other businesses or affiliates it owns.


The change could open the door for Facebook to build unified profiles of its users that include people’s personal data from its social network and from Instagram, similar to recent moves by Google Inc.


Facebook said on Monday that the proposed change was “standard in the industry” and “promotes the efficient and effective use of the services Facebook and its affiliates,” such as allowing users in the U.S. to interact with users in Europe.


“This provision covers Instagram and allows us to store Instagram’s server logs and administrative records in a way that is more efficient than maintaining totally separate storage systems,” the company wrote in a separate post on its website Monday titled “explanation of changes”.


“Where additional consent of our users is required, we will obtain it,” Facebook said.


Facebook users have until December 10 to vote on the policies using a special third-party application provided by Facebook and Facebook said the results will be certified by an independent auditor.


The vote is only binding if at least 30 percent of users take part, and two prior votes never reached that threshold.


(Reporting By Alexei Oreskovic; editing by Andrew Hay)


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News Corp to buy Cleveland Indians sports channel: sources












(Reuters) – News Corp is expected to announce as early as this week that it will buy SportsTime Ohio, a TV channel owned by the Cleveland Indians baseball team, for around $ 230 million, sources told Reuters, marking its second acquisition of a regional sports channel since late last month.


The deal would give News Corp‘s Fox Sports unit the rights to broadcast the Major League Baseball team‘s games, according to two sources with knowledge of the negotiations. That would add to the games that its Fox Sports Ohio channel carries from basketball’s Cleveland Cavaliers, the Cincinnati Reds baseball team and others.












The move underscores a push by media companies to target regional sports channels as broadcast rights for many major sporting events are already sewn up for years. Such channels show games from local colleges and professional teams that heavyweight ESPN, owned by Walt Disney Co, or other national channels do not carry.


Last month, Rupert Murdoch’s News Corp said it would buy a 49 percent stake in the YES network, a sports channel controlled by the New York Yankees baseball team, in a deal that sources said was valued at $ 3 billion. Fox is also negotiating a 25-year extension of its existing agreement to carry Los Angeles Dodgers baseball games, said one of the people, and could pay as much as $ 6 billion for those rights.


New York-based News Corp has been stepping up its efforts to control the rights to key sports teams in response to Time Warner Cable Inc’s deal in February 2011 to pay $ 3 billion to carry the Los Angeles Lakers basketball games for its Time Warner SportsNet Channel.


Time Warner has said it is interested in the Dodgers rights if Fox cannot extend its current agreement with the team. Time Warner had also bid for SportsTime Ohio, the Cleveland Plain Dealer reported earlier on its website.


The sources spoke to Reuters on condition of anonymity because the deal has not been announced.


News Corp representatives did not return emails seeking comment. Representatives for the Cleveland Indians and SportsTime Ohio could not be located.


“Since we launched, people have been interested in buying the network,” SportsTime Ohio President Jim Liberatore was quoted as telling the Plain Dealer.


Indians owner Larry Dolan is eager to complete the deal by the end of December, one of the people with knowledge of the transaction told Reuters, to avoid increased taxes that could be part of ongoing negotiations between President Obama and Congress on a debt reduction package.


Fox Sports, which operates or holds stakes in 20 regional sports networks, provides sports programming to more than 67 million subscribers. It held the rights to Cleveland Indians games until 2006, when Dolan formed the team’s channel.


No decision has been made on whether SportsTime Ohio would continue as a separate operation or be merged with Fox Sports Ohio, one of the sources told Reuters.


(Reporting By Ronald Grover in Los Angeles and Jennifer Saba in New York; Editing by Chris Gallagher)


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Brain changes may make older people more prone to scams












CHICAGO (Reuters) – It’s a frequent scenario. Two young con artists walk a retired high school teacher to the bank and fleece him out of $ 17,000. But why did the man, in his 70s, fall for it?


It may be that older people are less able to identify shady characters than younger ones, according to a study by Shelley Taylor of the University of California, Los Angeles, published on Monday in the Proceedings of the National Academy of Sciences.












Adults older than 60 lost at least $ 2.9 billion in 2010 due to financial exploitation – ranging from home repair scams to complex financial swindles – up 12 percent from 2008, according to the MetLife Mature Market Institute.


To understand why, Taylor and colleagues did a series of studies comparing perceptions of trustworthiness among younger and older individuals. They found older people tended to miss common cues that suggest a person is not trustworthy.


“It’s that ‘uh-oh’ response that people get,” said Taylor, who directs UCLA’s Social Neuroscience Laboratory. “The younger adults are getting that and the older adults are not.”


In one of the studies, the researchers asked 119 people between 55 and 84 and 24 younger people to view a stack of 30 photographs of faces that had been rated by another lab according to how trustworthy the individuals looked. Individuals were rated as trustworthy, neutral or untrustworthy.


When faces in the photos were trustworthy or neutral, the older adults’ responses were very similar to those of younger adults. But when viewing faces rated as untrustworthy, the older adults were less likely to pick up on cues.


Next, the team did the same test with a different group of 44 study subjects while their brains were being scanned in a functional magnetic resonance imaging or fMRI machine. Such tests help show which parts of the brain are active during certain tasks.


In the younger study subjects, the brain scans showed significant activity in a portion of the brain called the anterior insula when they looked at pictures of untrustworthy types. But in the older volunteers, there was very little brain activity in this region.


One of the functions of this area of the brain is that it helps interpret sensations in the body that form “gut feelings,” according to lead author Elizabeth Castle.


“We saw that older adults didn’t get the same level of insula activation that the younger ones did,” Taylor said.


“It should be telling them this looks risky, this looks iffy.”


To Taylor, this suggests that during aging this portion of the brain becomes less responsive, either because it is degrading or because the neurons that send signals to this region of the brain are not firing properly.


Taylor said her findings contradict the notion that the current crop of post-war seniors was raised during a more trusting time and are simply too well mannered.


“That is not it. It’s an age-related trend,” Taylor said. “We’re going to see this with Boomers and Gen Xers.”


Although the study only looked at visual cues of trustworthiness, Taylor said some of the same issues may be at work when seniors get taken in by smooth-talking telephone marketers.


“Cues to deception are carried not only through the face but also through the voice,” Taylor said. “In a face-to-face situation, people are using a compilation of the cues they see and hear. It’s entirely possible that an analogous process is going on for telemarketing.”


The findings appear to agree with what experts on scams and the elderly have long noticed, says Doug Shadel, Washington state director for AARP, a national grassroots organization that represents older Americans.


He said scam artists have admitted in interviews that their main ploy is to get their intended victim “under the ether,” or in a heightened emotional state that puts them off kilter.


“They’re bypassing that same part of the brain – the frontal cortex, the part that makes you doubt things – and bringing you to the present moment where you’re going to make a rash decision,” said Shadel.


“It’s something that we in the practitioner world have suspected for years. But getting concrete science behind it is really important,” added Shadel, a former fraud investigator.


In fact, the findings may help older people avoid such scams.


Taylor’s own father was the retired school counselor who got scammed by the two young men, who were homeless and missing teeth. “He thought they were nice young men and he was making loans,” Taylor said.


And Taylor’s aunt was the victim of telephone marketers who convinced her to purchase fake gems.


Given older people’s weakness when it comes to judging whether a person is trustworthy, Taylor advises to reduce the temptation.


“You want to get people to shut it off before they ever have the conversation: to hang up without talking, to throw the mail solicitation away, to not go to the free lunch seminar,” she said.


AARP recommends that people never decide to buy something while listening to a sales pitch or reading a mail solicitation. “Always give yourself at least 24 hours so that you have time to engage your rational mind,” Shadel said.


(Additional reporting by David Morgan in Washington; Editing by Jilian Mincer and Steve Orlofsky)


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Asian shares, euro rise after firm China PMI












TOKYO (Reuters) – Asian shares and the euro rose on Monday as further signs of a stabilizing Chinese economy boosted investor risk appetite, but gains were capped by worries that an impasse in U.S. budget talks could tip the world’s largest economy into recession.


European shares will likely track Asian shares higher, with financial spreadbetters predicting London’s FTSE 100 <.FTSE>, Paris’s CAC-40 <.FCHI> and Frankfurt’s DAX <.GDAXI> to open up as much as 0.5 percent. A 0.2 percent rise in U.S. stock futures also hinted at a firm Wall Street open. <.L><.EU><.N>












The euro hit a six-week high against the dollar at $ 1.3048 on an upbeat Chinese manufacturing survey, and jumped over 0.7 percent to a one-month high versus the Australian dollar to around A$ 1.2528.


The pace of activity in China’s vast manufacturing sector quickened for the first time in 13 months in November, with the final reading for the HSBC Purchasing Managers’ Survey (PMI) rising to 50.5 in November, further evidence that the economy is reviving after seven quarters of slowing growth.


“There is growing confidence that China’s economy bottomed in July-September, with signs of firmer external demand,” said Hirokazu Yuihama, a senior strategist at Daiwa Securities.


“Sentiment is supported because the gradual recovery in Asian economies comes against the backdrop of low interest rates environment, which won’t be changed anytime soon, so the recovery in risk appetite is likely to extend into next year,” he said.


Australia’s sluggish retail sales, labor demand and tame inflation raised expectations the Reserve Bank of Australia may cut interest rates at its meeting on Tuesday, lifting local shares <.AXJO> 0.57 percent to a five-week high earlier.


Japan’s Nikkei stock average <.N225> added 0.5 percent after reaching a fresh seven-month high earlier. <.T>


MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> was up 0.1 percent after climbing as much as 0.4 percent earlier to a fresh nine-month high.


Hong Kong shares <.HSI> eased 0.2 percent after reaching intra-day highs on the year earlier. Shanghai shares <.SSEC> fell 0.3 percent, approaching their lowest in nearly four years hit last week. Indian shares <.BSESN> earlier rose to 19-month highs but gave up gains to inch down 0.3 percent.


The HSBC manufacturing Purchasing Managers’ Index (PMI) showed India’s manufacturing grew at its fastest pace in five months in November, boosted by strong export orders and a surge in output.


“The storm might have abated a little, but the outlook for equities in 2013 remains choppy,” said HSBC’s head of global equity strategy, Garry Evans in a research note.


“We conclude, however, that the global stocks will make modest gains in 2013, thanks to a combination of central bank action, earnings growth of about 10 percent, and some further rerating as investors slowly regain confidence in equities.”


ANXIETY GAUGE MIXED


Oil prices were underpinned by the firm Chinese data, tensions in the Middle East, involving Israel and Palestine, political unrest in Egypt and the conflict in Syria.


U.S. crude futures rose 0.3 percent to $ 89.14 a barrel and Brent added 0.4 percent to $ 111.63, while London copper gained 0.3 percent to $ 8,014.75 a metric ton (1.1023 tons).


Investors will now look at U.S. and European manufacturing reports due later in the session for clues about the global growth trend.


Uncertainty over whether Washington can avert the “fiscal cliff”, $ 600 billion worth of tax increases and spending cuts that will be automatically triggered in early 2013 unless Democrats and Republicans agree how to cut the deficit, kept investors nervous.


That uncertainty underpinned gold’s appeal as a safe-haven as spot gold edged up 0.3 percent to $ 1,719.34 an ounce.


“People are more cautious because there is no clear sign when the fiscal cliff will be solved,” said Brian Lan, Managing Director of GoldSilver Central Pte in Singapore.


The Euro STOXX 50 Volatility Index <.V2TX>, Europe’s widely-used measure of investor risk aversion, fell on Friday to lows unseen since mid-2007, while the CBOE Volatility Index <.VIX>, which reflects anxiety in the Standard & Poor’s 500 index <.SPX>, jumped 5.4 percent.


The euro’s limited drop on Friday after Moody’s cut the credit ratings on the European Stability Mechanism and the European Financial Stability Fund, may hint at its resilience.


Later on Monday, ahead of a meeting of euro zone finance ministers, Greece plans to unveil details of a bond buy-back crucial to efforts by foreign lenders to trim the country’s ballooning debt, hoping the terms will draw enough investors and unblock vital aid.


The dollar was down 0.1 percent against the yen at 82.26, but not far from a 7-1/2-month high of 82.84 yen touched on November 22.


Currency speculators in the latest week boosted short yen positions to the highest in more than five years, on expectations that an election on December 16 will usher in a new government that will press the central bank to aggressively ease monetary policy.


Defying rising equities, Asian credit markets were subdued, with the spreads on the iTraxx Asia ex-Japan investment-grade index little changed from Friday.


(Additional reporting by Hideyuki Sano in Tokyo and Rujun Shen in Singapore; Editing by Simon Cameron-Moore)


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U.S. election, iPhone 5, Kardashian top Yahoo! 2012 searches












LOS ANGELES (Reuters) – The U.S. presidential election became the most-searched item and Kim Kardashian was the most-searched person on Yahoo! in a year when online searches were dominated by big news stories and pop culture obsessions, the search engine company said on Monday.


The search term “election” topped the list of searches, led not only by extensive media coverage but also widening conversation on online social media platforms.












The term “political polls” was No. 8 of the top 10 Yahoo! searches of the year.


“The 2012 elections dominated the online searches, which is amazing because if something is in the news, it’s already accessible … people were really saturated by it, but even so, that was a key word that people typed throughout the year,” Vera Chan, Yahoo!’s web trend analyst, said in a conference call.


Chan said only two other news stories have topped the list in the past decade, those being the death of Michael Jackson in 2009 and the BP oil spill in 2010.


“iPhone 5″ came in at No. 2, which Chan said was interesting “in a post-Steve Jobs era” because while Apple Inc’s iPhone has featured regularly in the top searches since the first generation emerged in 2007, this was the first time a specific model had appeared high on the list.


Reality star Kim Kardashian was the most-searched person on the website, coming in at No. 3 and leading six famous women in the top 10.


Chan said Kardashian’s “notoriety has kept her at the top,” citing her ongoing divorce saga with ex-husband Kris Humphries, her high-profile relationship with rapper Kanye West and her E! channel reality shows.


Sports Illustrated cover model Kate Upton, British royal Kate Middleton, late singer Whitney Houston, troubled former child star Lindsay Lohan and pop star and former “American Idol” judge Jennifer Lopez all featured in the top 10 after being in the news prominently throughout the year.


Middleton, who was followed eagerly by fans and critics in her first year as a royal married to Britain’s Prince William and being a staple at the London Olympics and the Queen’s Diamond Jubilee, also garnered the most-searched scandal of the year when a French magazine published photos of her topless.


“olympics” came in at No. 7 on the list, as many turned to online media to watch and keep tabs on the global sporting event held in London during the summer.


On Yahoo!’s separate list of top-searched obsessions, pop culture dominated this year, with “The Hunger Games,” reality star Honey Boo Boo, erotic novel “Fifty Shades of Grey,” British boy band One Direction, Carly Rae Jepsen’s hit song “Call Me Maybe” and Korean rapper Psy’s “Gangnam Style” featuring in the top 10.


Yahoo! Inc compiles its annual search lists based on aggregated visitor activity on the network and billions of consumer searches.


(Editing by Eric Walsh)


Internet News Headlines – Yahoo! News


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Jackson’s ‘Bad’ jacket, costumes sold at auction












LOS ANGELES (AP) — Costumes worn by Michael Jackson commanded hundreds of thousands of dollars at auction, and Lady Gaga was among the collectors.


Gaga tweeted Sunday that she bought 55 pieces in the sale administered by Julien’s Auctions and said she plans to keep the items “archived and expertly cared for in the spirit and love of Michael Jackson, his bravery and fans worldwide.”












Auctioneer Darren Julien said the jacket Jackson wore during his “Bad” tour fetched $ 240,000. Two of Jackson’s crystal-encrusted gloves sold for more than $ 100,000 each, as did other jackets and performance costumes.


The auction featuring the collection of Jackson’s longtime costume designers Dennis Tompkins and Michael Bush raised more than $ 5 million. Some proceeds benefited Guide Dogs of America and Nathan Adelson Hospice of Las Vegas.


___


Online:


www.juliensauctions.com


Entertainment News Headlines – Yahoo! News


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