VIDEO: Obama pledges to tackle gun violence

VIDEO: Obama pledges to tackle gun violence


VIDEO: Obama pledges to tackle gun violence

Posted: 25 Jul 2012 11:30 PM PDT

President Barack Obama has pledged to work with Congress on "violence reduction" after the Colorado shootings highlighted the issue.


Bulgaria government survives no-confidence vote

Posted: 25 Jul 2012 11:31 PM PDT

SOFIA (Reuters) - The Bulgarian government on Thursday survived a parliamentary no-confidence vote over charges it has failed to reform its slow and inefficient judiciary and jail organized crime bosses and corrupt officials.


India seen holding back on reform; politics, poor monsoon to blame

Posted: 25 Jul 2012 11:19 PM PDT

NEW DELHI (Reuters) - Indian Prime Minister Manmohan Singh will hold off on widely anticipated fuel subsidy and retail reforms because of renewed opposition from party colleagues and coalition allies, leaving budget targets in tatters and rattling investors.


Explosion kills miners in northern Mexico

Posted: 25 Jul 2012 10:43 PM PDT

At least seven bodies recovered from underground after what appears to have been methane explosion in Coahuila state.


AppleTV Rival Roku Grabs $45 Million Round From News Corp., BSkyB, Others

Posted: 25 Jul 2012 07:00 PM PDT

Roku, which sells boxes that make it easy to connect to streaming web services such as NetFlix, said Wednesday it has raised a $45 million investment round from News Corporation, BSkyB, an unnamed strategic investor, and existing investors Menlo Ventures and Globespan Capital Partners. The investments will bring Roku closer ties [...]


Strong quake hits off Mauritius

Posted: 25 Jul 2012 11:28 PM PDT

SINGAPORE (Reuters) - A magnitude 5.8 earthquake struck off the Indian Ocean island of Mauritius on Thursday, the United States Geological Survey said.


Apple, The Innovator's Exception?

Posted: 25 Jul 2012 06:30 PM PDT

Can Apple continue to disrupt the technology industry without its visionary leader at the helm? FRANKFURT AM MAIN, GERMANY - OCTOBER 06: (Image credit: Getty Images via @daylife) The question came up again this week, after Apple missed quarterly earnings for the second time in the last 12 months. Apple CEO [...]


Jumabhoys Got The Jump

Posted: 25 Jul 2012 06:13 PM PDT

Rafiq Jumabhoy The Royal brothers were not the first Indian clan to make significant inroads into Singapore real estate. The pioneers were a trading family with interests in shipping whose patriarch, Rajabali Jumabhoy, a spice trader, migrated to Singapore from Kutch in western India in 1916. They expanded into real estate, developing [...]


Don't Pay Any Attention To Facebook's Q2 Earnings Report

Posted: 25 Jul 2012 05:57 PM PDT

Photo credit: Wikipedia To hear almost everyone tell it, Facebook's earnings results Thursday will be a huge test of whether it will become the blockbuster business success so many investors have bet on. "Facebook Efforts on Advertising Face a Day of Judgment," intones the New York Times. "Big financial test for Facebook," [...]


Chinese city in $130billion economy stimulus plan: paper

Posted: 25 Jul 2012 09:47 PM PDT

A man walks past a residential construction site with his luggage as he speaks on a mobile phone in ChangshaBEIJING (Reuters) - The government of Changsha, the capital of central China's Hunan province, has launched an 829 billion yuan ($130 billion) investment stimulus program to bolster the local economy, state media has reported. The money would be spent on 195 projects, including airport, subway and urban infrastructure facilities, as well as developing energy efficient industries, said a report by the official China News Service on Wednesday. ...



North Korea confirms mystery woman is leader's wife

Posted: 25 Jul 2012 09:42 PM PDT

SEOUL (Reuters) - North Korea's new young leader, Kim Jong-un, is married, state media said on Wednesday, putting an end to speculation over the relationship with a woman seen at his side during recent events.


U.N. Security Council lifts travel bans on 17 Liberians

Posted: 25 Jul 2012 09:45 PM PDT

UNITED NATIONS (Reuters) - The U.N. Security Council has lifted travel bans and assets freezes on 17 Liberians, including at least two ex-wives of Liberia's former president and convicted war criminal Charles Taylor.


Chinese city in $130billion economy stimulus plan: paper

Posted: 25 Jul 2012 09:47 PM PDT

BEIJING (Reuters) - The government of Changsha, the capital of central China's Hunan province, has launched an 829 billion yuan ($130 billion) investment stimulus program to bolster the local economy, state media has reported.


The World's Nicest Cease-And-Desist Letter Ever Goes Viral, Sells Books

Posted: 25 Jul 2012 05:38 PM PDT

Companies go to great lengths to protect their trademarks. The standard response for copyright infringement is to send a threatening letter from a lawyer and threaten to sue. But the people at Jack Daniel's, one of America's most iconic brands, opted for true southern hospitality toward Patrick Wensink, an obscure Louisville-based author of a new satirical novel, Broken Piano For President .


Stamped Collection: Startup Adds DeGeneres, Seacrest As Investors

Posted: 25 Jul 2012 05:32 PM PDT

Today, the social curation startup announced a new round of financing that includes contributions from Ellen DeGeneres, Ryan Seacrest, Baron Davis, Scooter Braun, Eric Schmidt, Sony's Columbia Records, Crunchfund, The New York Times Company and others. FORBES revealed Stamped's best-known investor, Justin Bieber, in a May cover story; other original backers include Bain Capital Ventures and Google Ventures.


Not "Who invented the Internet?" -- How!

Posted: 25 Jul 2012 05:24 PM PDT

This two-part post is the brainchild of Dave Witzel and Jerry Michalski. Dave's info is at the end of each post. Continuing our discussion of L. Gordon Crovitz's misunderstanding of the development of the Internet, perhaps the most interesting lesson from the Internet's birth is not the fact that the U.S. Government [...]


China Shifts Course, Lets Yuan Drop

Posted: 25 Jul 2012 09:15 PM PDT

China's central bank is starting to guide the yuan downward against the dollar after two years of trying to boost its value, reflecting concern in Beijing over China's slowing economy—and risking a political fight with the U.S.


Paul Allen's Vulcan Backs Natural-Gas-To-Fuels Startup Siluria Technologies

Posted: 25 Jul 2012 05:01 PM PDT

Billionaire Allen's investing arm Vulcan Capital co-leads $30 million injection in San Francisco energy and chemicals startup Siluria Technologies.


Who Created the Internet? Yes, And.

Posted: 25 Jul 2012 04:54 PM PDT

This two-part post is the brainchild of Dave Witzel and Jerry Michalski. Dave's info is at the end of each post. L. Gordon Crovitz, former publisher of the Wall Street Journal, recently kicked the hornet's nest by writing an OpEd that calls the U.S. Government's role in the invention of the [...]


Russian Spies Aimed to Make Children Agents

Posted: 25 Jul 2012 08:57 PM PDT

A Russian spy ring busted in the U.S. two years ago planned to recruit members' children to become agents, and one had already agreed to his parents' request, according to current and former U.S. officials.