: "Something is wrong on Twitter. And people are noticing. Or, at least, the kind of people we hang around with on Twitter are noticing. And it's maybe not a very important demographic, this very weird and specific kind of user: audience-obsessed, curious, newsy. Twitter's earnings last quarter, after all, were an improvement on the period before, and it added 14 million new users for a total of 255 million. The thing is: Its users are less active than they once were. Twitter says these changes reflect a more streamlined experience, but we have a different theory: Twitter is entering its twilight." [more inside]
Today, March 8, is International Women's Day, a day to celebrate the social, political and economic achievements of women, and focus attention on areas still needing action. In the run-up to the event, Reuters photographers in countries around the globe took a series of portraits
of women and their daughters. They asked each mother what her profession was, at what age she had finished education, and what she wanted her daughter to become when she grew up. They also asked each daughter at what age she would finish education and what she wanted to do in the future. (SLAtlantic)
Jane's Jihad: the new face of terrorism
. A Reuters series in four parts.
The case was so serious, authorities said, that they charged the woman, Colleen LaRose, with crimes that could keep her in prison for the rest of her life. Now, as she awaits sentencing, a months-long Reuters review of confidential documents and interviews with sources in Europe and the United States -- including the first and only interview with Jihad Jane herself -- reveals a far less menacing and, in some ways, more preposterous undertaking than what the U.S. government asserted. [more inside]
Where Banks really Make Money On IPOs
All of these numbers are hypothetical, of course, but the bigger point is simple: if Goldman manages to get kickbacks, in terms of extra commissions, of more than 7% of its clients’ profits, then it has a financial incentive to underprice the IPO. And Goldman’s clients were desperate to give it kickbacks: they didn’t just route their standard trading through Goldman, since that wouldn’t generate enough commissions. Instead, they bought and sold stocks on the same day, at the same price. Capstar Holding, for instance, bought 57,000 shares in Seagram Ltd at $50.13 per share on June 21, 1999 — and then sold them, on the same day, at the same price. Capstar made nothing on the trade, but Goldman made a commission of $5,700. Capstar’s Christopher Rule says that in May 1999, fully 70% of all of his trading activity “was done solely for the purpose of generating commissions”, so that he could continue to keep on getting IPO allocations.
Rigging The IPO Game [more inside]
"Of the top 100 Swiss companies, 49 give shareholders a consulting vote on the pay of executives. A few other countries, including the United States and Germany, have introduced advisory "say on pay" votes in response to the anger over inequality and corporate excess that drove the Occupy Wall Street movement. Britain is also planning to implement rules in late 2013 that will give shareholders a binding vote on pay and "exit payments" at least every three years. Minder's initiative goes further
, forcing all listed companies to have binding votes on compensation for company managers and directors, and ban golden handshakes and parachutes. It would also ban bonus payments to managers if their companies are taken over, and impose severe penalties — including possible jail sentences and fines — for breaches of these new rules."
Boy Scouts reaffirm policy denying membership to gays. [Reuters]
"The Boy Scouts of America on Tuesday said the organization would continue to deny gay people membership, saying that the policy "is in the best interest of Scouting."
is a nice little collection of curated and tagged economic news stories, 5-8 every day. It is edited in part by the admirable (and MetaFave) financial journalist Felix Salmon
Through half a decade of war, a team of 100 Reuters correspondents, photographers, cameramen and support staff have strived to bring the world news from the most dangerous country for the press.
This is their testimony - bearing witness to ensure the story of Iraq is not lost
"I'd been a fugitive for too long and it was time to turn myself in."
the sicilian misadventures of a Reuters journalist with Agrigento's police department.
I'd like you to meet Africa.
It's a continent. You probably don't hear about it a lot in the news. That's because there's only like a billion people who live there. Global Voices
has some further background
on one news organization's quest to inform the masses about this little-known land.
Does something in this picture look a little . . . off?
At first glance, it's just a picture of smoke from damaged buildings from the conflict in the Mideast. At second glance, it's a fine example of how not
to embellish news photos.
Reuters Pictures of the Year, 2005
If a picture is worth a thousand words then here's 40,000 words to remind you (if that's what you want) of 2005...
You can browse your way through the Reuters 2004 Pictures Of The Year
over at Yahoo! News. They also have a Slide Show
For Easier Viewing. They range from the Puzzling
, to the Amusing
, and Sad
or kinda Creepy
. Some took incredible Timing
or Good Luck
to capture. I only spotted a couple that looked familiar, including the kite surfing Kerry
. My favorites, 2 men on fire, one Literally
and one Figuratively
25 years in a non-existant war
In 1979, a Khmer Rouge guerrilla fled to the hills of Cambodia when his village was attacked by Vietnamese troops. He and a small group of friends and family lived in the dense forests for 25 years, emerging in 2004 to discover that the war was over and that Pol Pot was dead. They had been fearful of any human contact, believing everyone to be the enemy.
US military accuses Reuters of lying.
Reuters had a camera crew on hand to see people digging a man, a woman, and four children out of a house in Falluja, and have video footage
of this up on their site. The US military denies this ever happened, and have released a statement saying that "intelligence sources indicate a known Zarqawi propagandist is passing false reports to the media." Incredible
This turns into one of those cases where researching a story gets weirder. The documentary Super Size Me
centers on a documentary filmmaker's 30 day experience eating nothing but McDonalds. The film is doing amazingly well
as a limited release documentary grossing more per screen than high-budget Troy. Here is the weird part, Reuters has picked up
on a distributor press release claiming that MTV is refusing to air advertising for Super Size Me
because the film is "disparaging to fast-food restaurants". The Reuters short seems to have quite a bit of legs. However a Hollywood Reporter article
details MTVs side of the story placing the blame on the film's distributor. Is this really a case of a network getting cold feet? Or is it a case of distributor trying to pull the "too edgy for MTV" moneymaking ploy? And what is with the continually morphing Reuters clip that is just now being tossed onto doorsteps and stuffed into newsboxes across North America? (The film was previously discussed on metafilter back in January.
Head US WMD Hunter Gives Up
After stepping down, Mr Kay told Reuters news agency that he did not believe there were any large stockpiles of such weapons in existence in Iraq.
Mr Kay is being succeeded by former UN weapons inspector Charles Duelfer.
Earlier this month, Mr Duelfer said he believed the chances of finding chemical or biological weapons in Iraq now were close to nil, the BBC's Jon Leyne in Washington reports.
Woo-hoo? mrmanley? Time for that Right-wing apology!
Robert "Moose" Cobb's new job
--Under fire for its handling of postwar contracts in Iraq, the Bush administration plans to appoint NASA's inspector general to the Coalition Provisional Authority in Baghdad to oversee investigations of any alleged abuses.
Cobb was Associate Presidential Counsel for Bush and before that spent nine years as a career attorney with the Office of Government Ethics. His appointment was seen as a bid by the administration to counter criticism -- mostly from Democrats in Congress -- that oversight of multibillion-dollar contracts has been lax.
So can a guy who worked in the Bush White House actually be trusted to objectively investigate abuses? And if the Pentagon is auditing all of this, why use this guy? (and can the Pentagon objectively investigate this stuff either?)
Don't do browser sniffing
To properly view our site, you must be using a standards-compliant web browser. Your current browser is:
Over 97% of our audience now uses a standards-compliant web browser, however you appear not to be using one. We want to help you fix this situation and improve your experience on reuters.co.uk and the rest of the internet.
I'm using Mozilla 1.5 but my user agent string is set to report Netscape 4.75 running on Windows 95.
"Fresh doubts over Iraq's arsenal". CNN
"Pentagon: WMD report consistent with U.S. case" Google News
lists many other sources on this topic, with varying titles
depending on who
Another great French prison escape.
Two members of an international drug smuggling ring hijack a helicopter, abseil into the prison exercise yard, and resuce a third man. Also, “last month, a commando-style gang used plastic explosives and a rocket launcher to blow its way into a prison near Paris and free a convict serving a sentence for organized crime. In a separate attack, men brandishing what turned out to be a fake rocket launcher freed another crime kingpin from a prison in Borgo on the Mediterranean island of Corsica.” In August, a man secretly replaced his brother, a Basque separatist leader, in prison
R.I.P. Squirrel 2002-2002
He lived a short, productive life. Some guy finally shot and killed him to end his reign of terror over Chesire. I'm sure that with a good taxidermist, he will be stuffed and live on in the hearts of all of England. He also spawned an unintentionally funny caption
to a picture: "A squirrel, similar to the one shown in this file photo, is spreading terror in a Cheshire town where it keeps attacking people
I dub thee "Chester the Crazy Squirrel". May he live his afterlife like he lived his life, by attacking people at random.
The end of free online news
is in sight according to Reuters.
I think they are premature, but assuming for a moment that this is in fact the trend, what will this do to Metafilter?
Watch those Waterway in Florida
says the U.S. Coast Guard. Possible terrorist threats include drawing or taking photographs of the shore, being near the shore for a long time, and under no circumstances would any law abiding citizen be doing something as daring and thoroughly terrorist-like as renting a boat
When stupid laws attack: this article
points out that the widely syndicated article
about thwarting the copy protection of sony's CDs is a direct violation of the DMCA
. Will news directors at Reuters, Yahoo, and CNN be seeing fines and jail time soon? How many times does it have to be pointed out that the DMCA restricts free speech as it attempts to thwart piracy at any cost? (via k5
The Butterfly Grid.
A gaming platform using open-source software to connect far-flung computers and millions of players, bypassing the Internet. (More from Reuters.
The French presidential election run-off will be between the conservative Chirac and the extreme-right Le Pen. What's a French liberal to do?
Inventor Claims Zero Point Energy Source
Calling his invention a "Jasker", an Irish Electrical Engineer (who is keeping his identity a secret), claims to have a working prototype of a machine that is capable of replenishing its own energy source. We've heard this sort of thing before
, and there are hundreds of other
" making the same sorts of claims, but could this one be for real? And how does this fit in with the First Law of Thermodynamics
The US strikes a blow against the forces of evil.
Seriously, does this mean I'm gonna have to start paying for my software soon?
Prostitution has also been hurt by the September 11th attacks.
Does that mean we're supposed to go to prostitutes to help the economy?
Anyone else find reports on civilian casualties
and the "bomb that went astray"? I've only heard one other corresponding report, on NPR, about a cave full of explosives that detonated for over three hours, killing hundreds. Nothing up front on Cnn.com except this bit of titillation
I've just now discovered, and for which I have no words.
FBI Most Wanted Terrorists
I wonder how Reuters News Service will cover this story since they have removed the word "terrorist" from the reporting of 911?
CEOs Slash Jobs, but Not Their Pay
Too many cheifs and not enough indians. An article I found interesting.
Philippines has highest number of people missing at WTC
According to this graphic from Reuters, there were 428 Filipinos unaccounted for at the WTC site as of Sept. 17. Anyone know what office was there to account for such a large reported number?
Reuters is publishing photos of those unaccounted for.
I thought that this was a nice gesture on the part of Reuters, and of the AP if they're doing this as well. It's eerie to glance through yahoo's archive of the Reuters photos and to find random pictures submitted by families. They're not obvious, but if you look through enough pages, you'll find a few.