Pakistan's Sharif calls for warmer ties with India

Pakistan's Sharif calls for warmer ties with India


Pakistan's Sharif calls for warmer ties with India

Posted: 07 May 2013 10:18 PM PDT

Pakistan's former prime minister and opposition leader Sharif speaks during a protest rally against government in AbbottabadBy Michael Georgy ISLAMABAD (Reuters) - Nawaz Sharif, seen as the front-runner in Pakistan's election race, said he would not allow militant groups to attack India from his country and would work to improve ties with rival New Delhi if elected. "If I become the prime minister I will make sure that the Pakistani soil is not used for any such designs against India," Sharif told CNN-IBN in an interview. ...


VIDEO: Imran Khan injured in stage fall

Posted: 07 May 2013 02:18 PM PDT

Imran Khan, one of Pakistan's most prominent politicians, has been injured after falling from an elevated platform at an election rally in Lahore.

Pakistan's Sharif calls for warmer ties with India

Posted: 07 May 2013 10:18 PM PDT

ISLAMABAD (Reuters) - Nawaz Sharif, seen as the front-runner in Pakistan's election race, said he would not allow militant groups to attack India from his country and would work to improve ties with rival New Delhi if elected.

Startups Should be Wary of Disruptive Technologies

Posted: 07 May 2013 09:37 PM PDT

How many times have investors heard startups start their pitch by touting that their technology is "disruptive?" What entrepreneurs forget or don't realize is that most customers are initially wary of any technology, that educating the market on new technology is expensive, takes a long time, and people buy problem solutions rather than technology anyway. Investors will wait for more traction.

Bangladesh garment disaster death toll reaches 761

Posted: 07 May 2013 09:34 PM PDT

A rescue worker walks with a stretcher in the rain to retrieve a body from the rubble of a garments factory that collapsed in Savar, near Dhaka, Bangladesh, Tuesday May 7, 2013. Hundreds of survivors of last month's collapse of a building housing garment factories in Bangladesh protested for compensation Tuesday, as the death toll from the country's worst-ever industrial disaster passed 700. (AP Photo/Ismail Ferdous)DHAKA, Bangladesh (AP) — The death toll from a collapsed building housing five garment factories rose to 761 on Wednesday as authorities started disbursing salary and other benefits to the survivors in the country's deadliest industrial disaster.


22 dead in gas tanker explosion near Mexico City

Posted: 07 May 2013 09:00 PM PDT

The part of a gas tanker truck lies next to destroyed vehicles after the tanker exploded on a nearby highway in the Mexico City suburb of Ecatepec early Tuesday, May 7, 2013. The blast killed and injured dozens, according to the Citizen Safety Department of Mexico State. Officials did not rule out the possibility the death toll could rise as emergency workers continued sifting through the charred remains of vehicles and homes built near the highway on the northern edge of the metropolis. (AP Photo/Gabriela Sanchez)MEXICO CITY (AP) — A natural gas tanker truck lost control, hit a center divider and exploded on a highway lined by homes in the Mexico City suburb of Ecatepec early Tuesday, killing at least 22 people and injuring nearly three dozen, authorities said.


Living On Bitcoin For A Week: Bitcoin Is The Internet Applied To Money (And I Survived It)

Posted: 07 May 2013 09:19 PM PDT

Day 7.

Assad's forces capture strategic town in southern Syria

Posted: 07 May 2013 08:46 PM PDT

A Free Syrian Army fighter is seen near a mortar in Khirbet GhazalehBy Suleiman Al-Khalidi AMMAN (Reuters) - The Syrian army captured a strategic southern town from rebel fighters on Wednesday after a ferocious two-month bombardment, in an advance likely to result in President Bashar al-Assad's forces regaining control of an international transit route, opposition sources said. The fall of Khirbet Ghazaleh, situated in the Hauran Plain on the highway to Jordan, came after a Jordanian-backed Syrian opposition military council failed to supply weapons to the town's defenders. ...


Europe's Job Seekers Flock to Germany

Posted: 07 May 2013 09:07 PM PDT

Despite the enmity often directed at Berlin for its insistence on austerity as the cure for Europe's debt crisis, Germany has become a new land of opportunity for people fleeing their recession-racked homeland.

Niall Ferguson, Keynes and the Long Run

Posted: 07 May 2013 08:46 PM PDT

Now that Harvard historian Niall Ferguson has profusely apologized for smearing John Maynard Keynes, we can focus again on the long run and less titillating things like full employment.

Assad's forces capture strategic town in southern Syria

Posted: 07 May 2013 08:46 PM PDT

AMMAN (Reuters) - The Syrian army captured a strategic southern town from rebel fighters on Wednesday after a ferocious two-month bombardment, in an advance likely to result in President Bashar al-Assad's forces regaining control of an international transit route, opposition sources said.

Gas tanker truck explodes outside Mexico City, kills 22

Posted: 07 May 2013 08:38 PM PDT

MEXICO CITY (Reuters) - A gas tanker truck exploded on a highway north of Mexico City on Tuesday, killing at least 22 people and injuring more than 30 as a fireball tore through cars and homes.

Netflix: "We Kill Piracy!"; BitTorrent: "Yeah, So, About That Piracy Thing?"

Posted: 07 May 2013 08:40 PM PDT

Last week, the Chief Content Officer of  Netflix, Ted Sarandos, claimed in an interview with stuff.tv that whenever Netflix launched in a new market then traffic via BitTorrent in that same market drops. He was clearly inferring that the mass adoption of streaming services like Netflix – a legal, licensed media vendor – leads to less illicit types of entertainment acquisition, such as piracy. The overall claim, of course, makes perfect sense.

Chinese Mobile Browser UC Web Hikes Spending, Stays Independent

Posted: 07 May 2013 08:29 PM PDT

China's Internet conglomerates are in an acquisitive mood. E-commerce platform Alibaba recently bought a 18% stake in Sina Corp's popular microblogging site. Not to be outdone, Baidu said Tuesday it would acquire video-streaming site PPS, minus its gaming operations, to beef up its Qiyi video service. The hunt for scale and ubiquity is on. For startups and mid-sized Internet companies, the question is whether it's better to court a conglomerate or hold out for an IPO. One deal that has been rumoured for months is a takeover of UC Web, a Chinese mobile browser operator with 400 million users worldwide. Local media reports have fingered Baidu as a potential buyer. Speaking Tuesday at the GMIC mobile gathering in Beijing, UC Web's CEO Yu Yongfu didn't comment directly on any courtship. Instead, he told a packed room that UC Web was doubling down with a RMB3,000 ($480 million) investment over three years. He said revenues had doubled in the past three years, without giving numbers. And he pointed out that UC Web was investing in startups to compliment its core product. "We're not going to hear news of UC being acquired. Maybe we'll hear more news of UC Web acquiring other companies," he said.

China calls U.S. the "real hacking empire" after Pentagon report

Posted: 07 May 2013 07:49 PM PDT

To match Analysis CHINA-USA/MILITARYBEIJING (Reuters) - China on Wednesday accused the United States of sowing discord between China and its neighbors after the Pentagon said Beijing is using espionage to fuel its military modernization, branding Washington the "real hacking empire". The latest salvo came a day after China's foreign ministry dismissed as groundless a Pentagon report which accused China for the first time of trying to break into U.S. defense computer networks. ...


Sea cucumbers, abalone off the menu in China frugality drive

Posted: 07 May 2013 08:17 PM PDT

The Merrylin Restaurant sign on a Yanjing Beer advertisement is seen outside its closed restaurant in BeijingBy Kevin Yao and Megha Rajagopalan BEIJING (Reuters) - President Xi Jinping's crackdown on Chinese government extravagance has emptied top-end restaurants and dented the sale of expensive food and drink, putting downward pressure on the world's second largest economy. High-end caterers in Beijing and other big cities have borne the brunt of Xi's austerity drive, which he launched in November in an attempt to tackle pervasive corruption and allay criticism of the lifestyles led by some officials. ...


Sea cucumbers, abalone off the menu in China frugality drive

Posted: 07 May 2013 08:18 PM PDT

BEIJING (Reuters) - President Xi Jinping's crackdown on Chinese government extravagance has emptied top-end restaurants and dented the sale of expensive food and drink, putting downward pressure on the world's second largest economy.

Corporate Crackdown on Rogue Clouds has Begun, Survey Suggests

Posted: 07 May 2013 08:05 PM PDT

Has a corporate crackdown on rogue cloud adoption begun?  That's the view of authors of a new survey of 234 North American corporate IT professionals, which finds growing alarm over adoption of outside computing services by employees.

World Digest: May 7, 2013

Posted: 07 May 2013 07:23 PM PDT

The Vatican on Tuesday sought to deny there were any internal divisions over its crackdown on the largest umbrella group of U.S. nuns after a top Vatican official complained that the Holy See's reform project had caused him "much pain."

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Western officials fear retaliation for airstrikes in Syria attributed to Israel

Posted: 07 May 2013 07:08 PM PDT

The weekend airstrikes near the Syrian capital reportedly carried out by Israel have heightened concerns about terrorist attacks on Israeli tourists and other civilian targets in the coming weeks, U.S. officials and experts say, as Damascus and its allies vow to respond to what Syria has called an "act of war."

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