North Korean rockets have the potential to strike at most of its close neighbours and the potential to reach Europe, much of the U.S. and all of Australia Original post on nationalpost.com Comments on reddit.com
Health Secretary Jeremy Hunt has said he is ‘disgusted and appalled’ by reports of neglect at a hospital in Worcestershire where a man died of starvation. Original post on independent.co.uk Comments on reddit.com
Beyond the banking world, a parallel universe of shadow banks has grown in the form of hedge funds and money market funds. They’re outside the reach of conventional financial regulation, prompting authorities to plan introducing new rules to prevent the obscure sector from triggering a new financial crisis. But in doing so they risk drying up an important source of funding to banks and firms. Original post on spiegel.de Comments on reddit.com
Apple’s (AAPL) influence over Samsung (005930) smartphones was fairly obvious to a jury in San Jose, but it looks like Apple’s reach extends far beyond Original post on bgr.com Comments on reddit.com
For those of you who get frustrated with the idea that in many social networks, you are not just a user but also a product, prepare to grit your teeth a bit more: a new forecast out from Gartner notes that advertising will remain the main way that social media services make money. The analysts predict that this year social media revenue will generate $16.9 billion in revenues, with more than half of that, $8.8 billion, to come from advertising. The estimates are coming out on the same day that social gaming giant Zynga is reporting earnings, and days before Facebook posts its results. That $16.9 billion figure represents a rise of 43 percent over last year, when social media services like Facebook, Spotify, Twitter and more generated $11.8 billion in revenues. While sales will continue to grow at fast clip, however, Gartner notes that the user base of social media services, now numbering at over one billion users, will only grow at a Original post on techcrunch.com Comments on digg.com
WASHINGTON — The ranks of America’s poor are on track to climb to levels unseen in nearly half a century, erasing gains from the war on poverty in the 1960s amid a weak economy and fraying government safety net. Census figures for 2011 will be released this fall in the critical weeks ahead of the November elections. Original post on huffingtonpost.com Comments on digg.com
CHICAGO (Reuters) – At an ill-fated press conference in 1984, U.S. Health and Human Services Secretary Margaret Heckler boldly predicted an effective AIDS vaccine would be available within just two years.But Original post on reuters.com Comments on reddit.com
Many people point to the prosperity of Silicon Valley and attribute it to some innate advantage in entrepreneurial culture or arrogantly believe that people in tech are simply better, smarter, o… Original post on pandodaily.com Comments on reddit.com
As JPMorgan has moved rapidly to unwind the position in credit derivatives, internal models at the bank have recently projected losses of as much as $9 billion. Original post on nytimes.com Comments on reddit.com
BHUBANESWAR, India (Reuters) – India successfully test-fired on Thursday a nuclear-capable missile that can reach Beijing and Eastern Europe, thrusting the emerging Asian power into a small club of nations Original post on reuters.com Comments on digg.com
