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Nov 7, 2015

NYT | Technology - November 7, 2015Farhad and Mike's Week in Tech: Airbnb Takes San Francisco.

nytimes.com

Farhad and Mike’s Week in Tech: Airbnb Takes San Francisco

Farhad Manjoo and Mike Isaac
 
Each Saturday, Farhad Manjoo and Mike Isaac, technology reporters at The New York Times, review the week’s news, offering analysis and maybe a joke or two about the most important developments in the tech industry.

Farhad: Hello, Mike. I’m not including an exclamation mark there because this is my first week back from vacation in Hawaii, and I’m not that excited about being here. Sorry.
Mike: After visiting Hawaii for the first time in my life this year, I fully understand. Mahalo.
Farhad: So let’s get to the news of the week. Facebook announced its earnings and crushed all expectations; the company keeps getting more users, and it keeps making more money from advertising to each user, than many on Wall Street dreamed possible.
Mike: Remember back when Facebook went public and no one thought it could make any money? I barely do, and it seems as if it’s now a distant memory for almost everyone else too, since the company is worth like infinity dollars.
Farhad: Yeah. Amazon, which has been stung by The New York Times’s reporting on its hard-charging corporate culture, added some new perks for its workers. It also opened a physical bookstore in Seattle, an odd move that may signal a new direction for the company (or may not),
Fortune reported that Jet.com, a start-up that aimed to compete directly with Amazon, was close to raising around $500 million from investors; according to The Wall Street Journal, though, the company needed the financing desperately because it risked running out of money by the end of the year. Competing with Amazon isn’t easy, as pretty much everyone predicted.
Oh, also, Twitter changed the Favorite — a star-shape button that would let you express some vague response to a tweet — into a heart-shape button called a Like. I think this change is awful. Twitter’s favorites, as I’ve argued before, are wondrous precisely because they’re vague. They’re an example of what I call digital body language.
You’re not as troubled by the change, but because hardly anyone uses Twitter anyway, I don’t think we should spend much time arguing about it.

The Guardian | Environment | Energy: Keystone XL Pipeline Rejection Signals US Taking Lead on Climate Change Fight.

theguardian.com

Keystone XL pipeline rejection signals US taking lead on climate change fight

Karl Mathiesen
 
The symbolism was everything. Standing before a portrait of Teddy Roosevelt, the conservationist president who 104 years ago busted the Standard Oil monopoly, Barack Obama made his own tilt at an environmental legacy.
The proposed 1,179-mile Keystone XL pipeline, which Obama rejected on Friday, would have borne more than 800,000 barrels of exceptionally high-carbon oil from Canada’s tar sands fields in Alberta to refineries on the US gulf coast each day.
It should have been a shoo-in for presidential approval. Conservatives and many labour unions loved it. According to a State Department report in 2014, environmentalists’ claims that it would reduce emissions from tar sands were unfounded. Keystone XL is just one of many pipelines being built across North America. If it was not built, the Canadians would simply ship it from elsewhere.
So how did Obama come down on the side of a coalition of students environmentalists, farmers and indigenous nations who admit that when they started this fight seven years ago, they had no hope of winning?

The Guardian | World | Egypt: Around The World: Sharm el-Sheikh: UK tourists voice anger over missile near miss – live updates

theguardian.com

Sharm el-Sheikh: UK tourists voice anger over missile near miss – live updates

Nicola Slawson

NYT | Asia pacific - November 7, 2015: Presidents of China and Taiwan Shake Hands in First Ever Meeting

nytimes.com

Presidents of China and Taiwan Shake Hands in First Ever Meeting

Austin Ramzy
President Xi Jinping of China shook hands with Ma Ying-jeou, the president of Taiwan, during their first meeting in Singapore on Saturday. Mohd Rasfan/Agence France-Presse — Getty Images
SINGAPORE — President Xi Jinping of China met with Ma Ying-jeou, the president of Taiwan, on Saturday in the first ever encounter between the leaders of the neighbors and longtime rivals, an act both sides described as a breakthrough gesture meant to promote peace and mutual prosperity.
The two began their brief talks with a handshake that went on for more than a minute, with both men smiling broadly and turning side to side so the hundreds of reporters in the meeting room at the Shangri-La Hotel in the city-state of Singapore could document the moment. The meeting is a high point in the two leaders’ efforts to bridge the divisions of civil war and decades of animosity.
When the two men sat down to start their talks, Mr. Xi spoke first and said their encounter was a historic step that opened a new chapter in relations between the two sides. Mr. Xi said that the people of China and Taiwan were compatriots, “one family with blood that is thicker than water.”
“Respected Mr. Ma Ying-jeou, good afternoon,” Mr. Xi said in comments that were broadcast live on Chinese television.

RT Max Keiser Report (E832): Trust Machine AKA Bitcoin.

Published on Nov 5, 2015
Check Keiser Report website for more: http://www.maxkeiser.com/

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the ‘trust machine’ that is bitcoin and the financial journalists who have jumped the shark trying to deny it. In the second half, Max interviews Simon Dixon of BnkToTheFuture.com about Bitcoin Capital, bitcoin vs blockchain and the future of finance.

RT Max Keiser Report:Violent Market Surrogates (E831).



Published on Nov 3, 2015
Check Keiser Report website for more: http://www.maxkeiser.com/

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss Violent Market Surrogates as the doors of misperception in a brave new world in which central bankers are fighting the wrong war. In the second half, Max interviews Brett Scott, author of The Heretic's Guide to Global Finance: Hacking the Future of Money, about financial surveillance states and cashless societies.

DealBook A.M. and P.M. Editions on November 6, 2015.

 
Friday, November 6, 2015
TODAY'S TOP HEADLINES
By AMIE TSANG
FORMER TRADERS FOUND GUILTY IN LIBOR CASE A jury found two former Rabobank traders guilty on 28 counts of fraud and conspiracy related to the manipulation of Libor, a benchmark interest rate, Randall Smith reports in DealBook.

They were the first convictions in the United States stemming from the global investigation into the rigging of the London interbank offered rate, which is used to set interest rates on mortgages, credit cards and loans.

WSJ | Forex Closing on November 6, 2015.

The Wall Street Journal Forex Closing
Major Currencies
Friday, November 6, 2015
Last
US$ vs.
Americas in US$ per US$ % chg
Argentina peso 0.1063 9.4116 -1.51
Brazil real 0.2652 3.7709 -0.28
Canada dollar 0.7516 1.3305 1.03
Chile peso 0.001433 698.00 0.46
Colombia peso 0.0003459 2891.00 1.17
Ecuador US dollar 1 1 unch
Mexico peso 0.0595 16.8086 1.23
Peru new sol 0.3022 3.3089 0.28
Uruguay peso 0.03404 29.3800 unch
Venezuela bolivar 0.1585276 6.3081 -0.01
 
Asia-Pacific

WSJ | Major Indexes Closing on November 6, 2015.

The Wall Street Journal Major Indexes Closing
Major Indexes 5:45 p.m. EST 11/06/15
  Last Chg % Chg
DJIA* 17910.33 46.90 0.26
DJ Transportation Average* 8241.43 61.28 0.75
DJ Utility Average* 556.46 -22.23 -3.84
Nasdaq* 5147.12 19.38 0.38
Nasdaq 100* 4707.23 4.34 0.09
S&P 500* 2099.20 -0.73 -0.03
S&P 400 Mid-Cap* 1463.32 -1.61 -0.11
S&P 600 Small-Cap* 708.39 3.38 0.48
DJ Total Stock Market* 21752.31 3.27 0.02
NYSE Composite* 10513.36 -35.00 -0.33
NYSE Financial* 6556.85 36.65 0.56
Russell 2000* 1199.75 9.06 0.76
NYSE MKT Composite* 2253.70 -40.51 -1.77
KBW Bank* 76.55 2.04 2.74
PHLX Gold/Silver* 46.01 -2.23 -4.62
PHLX Housing Sector* 232.87 -1.84 -0.78
PHLX Oil Service* 182.81 0.26 0.14
PHLX Semiconductor* 676.47 17.10 2.59
* at close
See All Major U.S. Indexes

WSJ | Biggest Decliners Closing on November 6, 2015.

NYSE Biggest Percentage Decliners | Nasdaq | Arca | Composite
Friday, November 06, 2015 - 5:32 pm ET
  Issue(Roll over for charts and headlines) Price Chg % Chg Volume
1 TCP International Holdings (TCPI) $1.02 -1.20 -54.05 2,907,432
2 LSB Industries (LXU) 9.08 -7.14 -44.02 10,807,780
3 Men's Wearhouse (MW) 22.70 -17.40 -43.39 28,620,439
4 Marcus&Millichap (MMI) 30.73 -10.17 -24.87 1,456,803
5 Titan International (TWI) 5.33 -1.74 -24.61 3,048,134
6 Aspen Aerogels (ASPN) 6.09 -1.65 -21.32 750,573
7 Dr. Reddy's Laboratories ADR (RDY) 53.50 -11.75 -18.01 1,726,190
8 NeuStar Cl A (NSR) 25.47 -4.22 -14.21 3,081,003
9 Bristow Group (BRS) 30.73 -4.42 -12.57 2,968,685
10 William Lyon Homes (WLH) 19.16 -2.55 -11.75 1,813,912

WSJ | Biggest Gainers Closing on November 6, 2015.

The Wall Street Journal Biggest Gainers Closing
Biggest Gainers
4:31 pm ET 11/06/2015
NYSE
Issue Volume Price Chg % Chg
ChannelAdvisor (ECOM) 2,278,189 $13.18 4.09 44.99
Weight Watchers International (WTW) 21,480,617 22.89 5.96 35.20
Constellium Cl A (CSTM) 7,005,870 8.19 1.64 25.04
Bonanza Creek Energy (BCEI) 7,186,834 9.02 1.60 21.56
Tableau Software (DATA) 4,764,607 102.44 18.05 21.39
Demand Media (DMD) 198,218 5.29 0.79 17.56
Ducommun (DCO) 88,930 21.17 3.01 16.57
Nationstar Mortgage Holdings (NSM) 5,628,603 14.58 2.01 15.99
Tetra Technologies (TTI) 1,775,224 7.95 1.06 15.38
MRC Global (MRC) 6,858,491 14.60 1.93 15.23
Kemper Corp (KMPR) 576,321 41.30 5.34 14.85
Koppers Holdings (KOP) 486,759 21.38 2.60 13.84
Q2 Holdings (QTWO) 785,586 27.73 3.37 13.83
Arista Networks (ANET) 3,085,263 70.46 8.50 13.72
Five Star Quality Care (FVE) 484,501 3.49 0.41 13.31
Evolent Health Cl A (EVH) 281,837 15.06 1.70 12.72
Teradata (TDC) 7,735,038 28.83 3.25 12.71
Southcross Energy Partners (SXE) 319,460 6.12 0.65 11.88
Cliffs Natural Resources (CLF) 13,875,925 3.15 0.32 11.31
Kindred Healthcare (KND) 4,087,977 13.05 1.23 10.41
PharMerica (PMC) 396,926 33.66 3.11 10.18
C&J Energy Services (CJES) 2,135,940 5.21 0.47 9.92
ExamWorks Group (EXAM) 1,229,623 24.92 2.24 9.88
First BanCorp (Puerto Rico) (FBP) 975,745 4.49 0.40 9.78
GasLog (GLOG) 979,153 12.75 1.11 9.54
 
Nasdaq