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Member since: Fri Nov 12, 2004, 07:39 AM
Number of posts: 44,538

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Twitter Tweets That It Is Filing For an Initial Public Offering of Stock

Source: Associated Press

@AP: BREAKING: Twitter tweets that it is filing for an initial public offering of stock.

@BloombergNews: BREAKING: Goldman Sachs said to be lead underwriter in Twitter IPO


Twitter files for its IPO

By Josh Ong, 11 minutes ago

Twitter has announced that it has filed for its IPO.

Twitter ✔ @twitter

We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.
5:00 PM - 12 Sep 2013

Since Twitter was able to submit confidentially, it had annual revenue of less than $1 billion in its most recent fiscal year. The JOBS Act allows for “emerging growth” companies with less than $1 billion in annual gross revenue to file in secret.

Twitter has been steadily preparing for a public offering with key hires and acquisitions. In May, it hired Morgan Stanley veteran Cynthia Gaylor to head up corporate development. Last December, the company brought on Mike Gupta as CFO and shuffled Ali Rowghani to COO. Recent acquisitions include the world’s largest mobile ad exchange MoPub and social data company Trendrr.

Read more: http://thenextweb.com/twitter/2013/09/12/twitter-files-for-its-ipo

U.S. Weapons (Funded & Organized by CIA Begin) Reaching Syrian Rebels

Source: Washington Post / CNN

@BreakingNews: Report: CIA begins delivering weapons to rebels in Syria, according to US officials, Syrian figures - @washingtonpost http://t.co/8zdI7ySsg9

CNN Breaking News - Weapons funded and organized by the CIA have begun flowing to Syrian rebels, a U.S. official tells CNN. Reply STOP 2 unsub

U.S. weapons reaching Syrian rebels

By Ernesto Londoño and Greg Miller, Published: WEDNESDAY, SEPTEMBER 11, 9:30 PM ET

The CIA has begun delivering weapons to rebels in Syria, ending months of delay in lethal aid that had been promised by the Obama administration, according to U.S. officials and Syrian figures. The shipments began streaming into the country over the past two weeks, along with separate deliveries by the Stoate Department of vehicles and other gear — a flow of material that marks a major escalation of the U.S. role in Syria’s civil war.

The arms shipments, which are limited to light weapons and other munitions that can be tracked, began arriving in Syria at a moment of heightened tensions over threats by President Obama to order missile strikes to punish the regime of Bashar al-Assad for his alleged use of chemical weapons in a deadly attack near Damascus last month.

The arms are being delivered as the United States is also shipping new types of nonlethal gear to rebels. That aid includes vehicles, sophisticated communications equipment and advanced combat medical kits.

Read more: http://www.washingtonpost.com/world/national-security/cia-begins-weapons-delivery-to-syrian-rebels/2013/09/11/9fcf2ed8-1b0c-11e3-a628-7e6dde8f889d_story.html

Bush's Full Seven Minutes of Silence

Gawker: Feds Have For Years Had Photos of Chief 9/11 Hijacker Atta on a Plane

@GregMitch: Amazing story of the day: Gawker learns the feds have had for years 2 photos of chief 9/11 hijacker Atta on a plane. http://t.co/Ih5MvlR4Wv


The Mystery 9/11 Hijacker Photos No One Has Ever Seen

So here’s a mystery. In response to a recent Freedom of Information Act request, the Federal Bureau of Investigation provided Gawker with a curious case file, dated May 2002, indicating the bureau’s acquisition of three photos of 9/11 hijacker Mohamed Atta. The photos, which remain classified, were “recovered from a passenger who was on board Spirit Airlines Flight 460 on August 23, 2001” — that is, on a flight between Fort Lauderdale and Newark, nearly three weeks before September 11. As far as we can tell, the existence of the photographs has never been publicized.


Obama Said to Ban New Coal Plants Without Carbon Controls

Source: Bloomberg News

@BloombergNews: Exclusive: President Obama said to ban new coal plants that lack carbon controls: sources | http://t.co/1NfuwkRncy

Obama Said to Ban New Coal Plants Without Carbon Controls

By Mark Drajem
September 11, 2013 12:15 PM EDT

New coal plants would need to install expensive equipment to limit climate-change emissions under a proposal the U.S. Environmental Protection Agency is close to issuing, according to people familiar with the plan.

The EPA agreed to revise a similar proposal from last year in response to opposition by utilities and coal producers who said it would effectively kill coal as a power source. The new version will be structured differently, though offers little solace to plant operators, according to the people who have been briefed by officials and asked not to be identified before the public release.

The rules, the subject of intense lobbying by the industry, are under review by White House officials, and could be reworked before the Sept. 20 scheduled release. The revised standard would retain a provision letting utilities phase-in the capture technology over time, one person said.

Relying on carbon capture to limit coal emissions is challenging because the technology is unproven and it’s too expensive, according to the industry.

Read more: http://mobile.bloomberg.com/news/2013-09-11/obama-said-to-ban-new-coal-plants-without-carbon-controls.html

US Income Gap Reaches its Widest Point Since the 1920s

Source: Associated Press

US income gap reaches its widest point since the 1920s

By Paul Wiseman, Associated Press

POSTED: 09/10/2013 01:38:58 PM PDT

WASHINGTON — The gulf between the richest 1 percent and the rest of America is the widest it's been since the Roaring '20s.

The very wealthiest Americans earned more than 19 percent of the country's household income last year — their biggest share since 1928, the year before the stock market crash. And the top 10 percent captured a record 48.2 percent of total earnings last year.

U.S. income inequality has been growing for almost three decades. And it grew again last year, according to an analysis of Internal Revenue Service figures dating to 1913 by economists at the University of California, Berkeley, the Paris School of Economics and Oxford University.

One of them, Berkeley's Emmanuel Saez, said the incomes of the richest Americans surged last year in part because they cashed in stock holdings to avoid higher capital gains taxes that took effect in January.

In 2012, the incomes of the top 1 percent rose nearly 20 percent compared with a 1 percent increase for the remaining 99 percent.

Read more: http://www.chicoer.com/business/ci_24061870/us-income-gap-reaches-its-widest-point-since

Breaking: Court Filings Show NSA Broke Rules on Call-Tracking Data for Three Years; Misled Judges

Source: Associated Press / NBC News

Bloomberg News ‏@BloombergNews 11m NSA violated restrictions on checking telephone records, misled judges on how data was used | http://bloom.bg/1aoazkR

The Associated Press ‏@AP 13m MORE: Federal officials release documents showing misuse of secret domestic spying program: http://apne.ws/1eBb65M -SS

NSA Phone Records Spying Violated Court Rules for Years

By Chris Strohm - Sep 10, 2013 4:32 PM ET

The National Security Agency for about three years violated restrictions on checking U.S. telephone records for surveillance and misled judges on how the data was used, intelligence officials said.

The agency on a daily basis improperly checked a select list of phone numbers against databases containing millions of call records, without meeting the necessary standard, according to documents released by the Office of the Director of National Intelligence to privacy groups today in response to lawsuits.

The violations occurred between May 2006 and January 2009 and involved checks on as many as 16,000 phone numbers, including some based in the U.S., said two senior intelligence officials with direct knowledge of how the program operated. They asked not to be identified in order to speak about sensitive matters.

The new disclosures add to evidence that U.S. intelligence agencies have violated legal and administrative restrictions on domestic spying. Lawmakers are considering new restraints on intelligence gathering programs.

Read more: http://www.bloomberg.com/news/2013-09-10/nsa-phone-records-spying-violated-court-rules-for-years.html

BREAKING: Syria Will Declare Its Chemical Weapons Arsenal, Sign Chemical Weapons Convention

Source: Associated Press

@BreakingNews: Syria will declare its chemical weapons arsenal, sign chemical weapons convention, foreign minister says - @AP

CNN Breaking News - Report: Syria ready to disclose location of chemical weapons, halt production, and show facilities to Russia and U.N. Reply STOP 2 unsub

Syria Will Sign Chemical Weapons Convention, Declare Arsenal, Foreign Ministery Says

Posted: 09/10/2013 2:28 pm EDT | Updated: 09/10/2013 2:31 pm EDT

BEIRUT (AP) -- Syrian FM: Syria will declare its chemical weapons arsenal, sign chemical weapons convention.

Read more: http://www.huffingtonpost.com/2013/09/10/syria-chemical-weapons-convention_n_3901417.html

US Files Show How Feds Waited for Political Advocate to Cross Border to Seize His Laptop

Source: Associated Press

@AP: US government files show how feds waited for political advocate to cross border to seize his laptop: http://t.co/FX5SZhIG7j - VW


— Sep. 9 9:40 PM EDT

WASHINGTON (AP) — Newly disclosed U.S. government files provide an inside look at the Homeland Security Department's practice of seizing and searching electronic devices at the border without showing reasonable suspicion of a crime or getting a judge's approval.

The documents published Monday describe the case of David House, a young computer programmer in Boston who had befriended Army Pvt. Chelsea Manning, the soldier convicted of giving classified documents to WikiLeaks. U.S. agents quietly waited for months for House to leave the country then seized his laptop, thumb drive, digital camera and cellphone when he re-entered the United States. They held his laptop for weeks before returning it, acknowledging one year later that House had committed no crime and promising to destroy copies the government made of House's personal data.

The government turned over the federal records to House as part of a legal settlement agreement after a two-year court battle with the American Civil Liberties Union, which had sued the government on House's behalf. The ACLU said the records suggest that federal investigators are using border crossings to investigate U.S. citizens in ways that would otherwise violate the Fourth Amendment.

Read more: http://bigstory.ap.org/article/new-details-how-feds-take-laptops-border

Breaking: 4 Men Convicted in India Gang Rape Case

Source: Associated Press


— Sep. 10 3:19 AM EDT

NEW DELHI (AP) — An Indian court convicted four men Tuesday in the fatal gang rape of a young woman on a moving New Delhi bus, a case that set off waves of protests and gave voice to years of anger over the treatment of women.

The men, convicted on all the counts against them, including rape and murder, now face the possibility of hanging. The sentences are expected to be handed down Wednesday.

The men, along with another suspect who hung himself in prison and a juvenile convicted in August, were riding through the city on an off-duty bus in December when they tricked the 23-year-old woman and a male friend into boarding.

They beat the friend into submission, held down the woman and repeatedly raped her. They also penetrated the woman repeatedly with an iron rod, causing severe internal injuries that led to her death two weeks later. As a rape victim, the woman cannot be identified under Indian law.

- snip -

Facing public protests and political pressure, the government reformed some of its antiquated laws on sexual violence, creating fast-track courts to avoid the painfully long rape trials that can easily last over a decade. The trial of the four men, which took about seven months, is astonishingly fast by Indian standards.

Read more: http://bigstory.ap.org/article/authorities-set-verdict-new-delhi-rape-case
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