Showing posts with label World News. Show all posts
Showing posts with label World News. Show all posts

Wednesday, 24 October 2012

500 bogus colleges closed in UK in 18 months

500 bogus colleges closed in UK in 18 months


British immigration authorities have closed down an estimated 500 bogus colleges operating in the country over the last 18 months, affecting a number of students from abroad, including from India. However, top officials in the education sector insist that for genuine and legitimate students, Britain is still a viable option and Indians still account for the second highest number of non-EU students in the country.

Professor Eric Thomas, President of Universities UK and Vice-Chancellor of the University of Bristol said acknowledged today that a large number of colleges had been closed down over the last year and a half but asserted that there is no cap on the numbers of international students coming to the country. "The UK Border agencies have closed 500 colleges in the UK within the last 18 months. They have ceased to trade," Thomas told newsmen.

However, he said that "despite some recent high-profile negative coverage of the UK's student visa system, the reality is that the UK welcomes genuine international students". He said international students make a fundamental contribution to university life and international demand for places remains strong. Besides, plenty of post-study work opportunities also continue to exist, he said.

Only last month, the UK Border Agency had revoked the London Metropolitan University's (LMU) licence to sponsor non-EU students, a decision that affected a number of Indians. Meanwhile, Joanna Newman, Director of the UK Higher Education International Unit (IU) said that there has been a slight decrease in the number of students registered London following a number of damaging newspaper reports but India still ranked No 2 as for as non-EU students in the UK in 2010/11.

"There were as many as 39,090 Indian students in 2010/11 as against 67,325 Chinese students. We have close relations with the Indian Government. We are not only working with the Indian Government but collaborating with various Universities," she said.

She said there has been a number of changes to the system but legitimate students can still get a student visa if they meet the UK Border Agency's requirements. "Post-study work is still an option for international students once they graduate, through a new category. No further changes to the UK immigration system are planned," she said.

She said the UK remained one of the most attractive study destinations in the world - second only to the USA and one of the world's leading research powers measured by total publications and citations. 

Answering a question on abuse of the Student Visa system, she said, "the abuse is less than 2 per cent and it is incumbent on the Universities to verify the genuineness of students".

China blames Dalai Lama for self-immolations in Tibet

China blames Dalai Lama for self-immolations in Tibet


China on Wednesday blamed the Dalai Lama for the spate of self-immolations taking place in Tibet against Chinese rule, saying they were "instigated" by the exiled spiritual leader's clique. "To our knowledge most of the self-immolation cases are closely instigated by Dalai group", Chinese Foreign Ministry Spokesman Hong Lei said, while replying to questions on over 50 self-immolations, many of them by monks and nuns, in the recent months in different parts of Tibetan areas calling for the return of Dalai Lama from exile in India.

"The Dalai group is trying to achieve its political schemes through instigating some Tibetans to self-immolate. Such behaviors are despicable", Lei said. Refuting reports about Tibetans complaining of poverty, he said, "Tibet is in a period of rapid development. It has realised economic development and social harmony as well as enhancing living standards of the people. We firmly oppose the separatist activities of the Tibet independence forces", he said.

China had last year accused the Dalai Lama of instigating the burnings as a form of "terrorism in disguise". The 1989 Nobel Peace Prize winner had countered the argument calling China's rule of Tibet "a kind of cultural genocide" that was driving Tibetans to acts of desperation.

US student punished for growing hair for charity

US student punished for growing hair for charity


An Ohio teenager who's been growing his hair for a charity is being punished by his high school because administrators say his long locks violate the dress code. Seventeen-year-old Zachary Aufderheide is serving a two-day in-school suspension at Canton South High School this week.

He's been growing out his hair for Locks of Love, which uses donated hair to make hairpieces for kids who have lost their own due to disease. Aufderheide had told the school of his intentions, but on Monday was told he would be suspended.

His hair is only an inch away from the 10 inches needed to donate to the charity. Canton Local School Board President John Martin tells WJW-TV that while he respects the student's efforts, rules are rules.

Facebook wins back friends on Wall Street, shares soar

Facebook wins back friends on Wall Street, shares soar


Facebook Inc's shares headed towards their biggest one-day jump on Wednesday after the company reported a surprising rise in mobile advertising, easing concerns it was having trouble capitalizing on soaring use of smartphones and tablets.

Facebook shares, sold for $38 each in their initial public offering in May, were up 20 per cent at $23.61 in late morning trade. The stock was the top per centage gainer on the Nasdaq.

Several brokerages raised their price targets on Facebook shares. Barclays Capital raised its target to $26 from $23, Jefferies & Co to $32 from $30 and Macquarie Equities Research to $24 from $21.

Facebook, which reported third-quarter results on Tuesday, said it now gets 14 per cent of its advertising revenue from mobile ads, a far bigger increase than mostly skeptical analysts had expected.

Mobile advertising has been a key investor concern hanging over Facebook, shaving more than $50 billion off its market value since its IPO.

The world's largest social network passed 1 billion active users in September but failed to dispel doubts about its mobile strategy.

Chief Executive Mark Zuckerberg said on Tuesday that the mobile opportunity was "the most misunderstood" aspect of Facebook's business.

Rivals such as Google Inc are also struggling with a shift in consumer preference to mobiles from PCs.
Marrisa Mayer, chief executive of struggling internet pioneer Yahoo Inc, said on Monday her top priority was to fashion a coherent strategy to manage the industry's transition to mobile devices.

Growing expertise

Facebook said that some advertisers had pulled money out of desktop campaigns in favor of mobile, which caused desktop ad revenue to decline sequentially.

Over time, Facebook's growing expertise in mobile advertising, combined with more user data, will drive mobile monetization for the company, Colin Sebastian, an analyst at Robert W Baird & Co, wrote on a note.

Sebastian has an "outperform" rating on the stock and a price target of $32.

Analysts were also positive about the company's ability to add advertising revenue from new streams.
"Facebook has the potential to utilize user data to better match its users with advertisers," Wedbush Securities Inc analyst Michael Pachter, who has an "outperform" rating on the stock with a $35 price target, wrote in a note.

Needham & Co analyst Laura Martin said Facebook had opportunities to increase branded advertising revenue as top brands increase their association with the company in some form.

Facebook's advertising revenue increased by 36 per cent to $1.09 billion in the third quarter.

Facebook had a painful trading debut in May as investors fretted about its slowing revenue growth and the large pool of additional shares set to hit the market as "lock-up" restrictions on employee share sales expired.

"The stock has seen its lows and should be able to withstand the coming share lockups," Wells Fargo Securities analyst Jason Maynard said in a note to clients.

Tuesday, 23 October 2012

Victoria Beckham designs bear

Victoria Beckham designs bear



Singer-turned-fashion designer Victoria Beckham has created a special Pudsey Bear for charity Children In Need.

The 38-year-old is one amongst 30 big designers including Prada, Louis Vuitton, Paul Smith and Burberry to partake in the campaign, curated by Katie Grand-editor of Love magazine.

The bears are to go on display at Selfridges department stores in London and Manchester until Nov 14 and they will then be auctioned off at Christie's, reports contactmusic.com.

I was honoured to curate this fantastic collection, and have had such fun working with the designers on all of their amazing designs, said Grand.

Facebook mobile gains spur revenue growth

Facebook mobile gains spur revenue growth


Facebook Inc posted a 32 per cent jump in third-quarter revenue to $1.26 billion, as the company reignited advertising growth with the help of larger-than-expected gains in mobile. The company's shares leapt 9 per cent to $21.22 in after-hours trading on Tuesday. Advertising revenue increased 36 per cent year-on-year to $1.09 billion, but revenue from its payments and other businesses increased just 13 per cent to $176 million.

Mobile revenue made up 14 per cent of total advertising sales, which analysts said came in above their expectations. "Advertising revenue from mobile was the number that really stood out," said Sterne, Agee & Leach analyst Arvind Bhatia. "They are saying mobile ad revenue was 14 per cent of total ad revenue. That would be about $140 million and I was expecting $40 or $50 million from this."

The world's No 1 online social network company posted a net loss of $59 million, or 2 cents a share, in the three months ended September 30. It had a profit of $227 million or 10 cents a share a year earlier. Its third-quarter revenue surpassed the average analyst expectation of $1.23 billion, according to Thomson Reuters I/B/E/S.

Iran says may stop oil sales if sanctions tighten

Iran says may stop oil sales if sanctions tighten


Iran said on Tuesday it would stop oil exports if pressure from Western sanctions got any tighter and that it had a "Plan B" contingency strategy to survive without oil revenues
.
Western nations led by the United States have imposed tough sanctions on the Islamic Republic this year in an attempt to curb its nuclear programme that they say is designed to produce atomic weapons. Tehran says its nuclear plans are peaceful.

"If sanctions intensify we will stop exporting oil," Iranian Oil Minister Rostam Qasemi told reporters in Dubai.

Qasemi's statement is the latest in a series of threats of retaliation by Tehran in response to the sanctions, which have heightened political tensions across the Middle East and, analysts say, led to a sharp drop in Iranian oil exports.

"We have prepared a plan to run the country without any oil revenues," Qasemi said, adding, "So far to date we haven't had any serious problems, but if the sanctions were to be renewed we would go for 'Plan B'.

"If you continue to add to the sanctions we (will) cut our oil exports to the world... We are hopeful that this doesn't happen, because citizens will suffer. We don't want to see European and US citizens suffer," he said, adding that the loss of Iranian oil on the market would drive up oil prices.

Analysts brushed off Qasemi's threat.

"It's just making noise. It would be like cutting off their nose to spite their face," said Leo Drollas, Chief Economist at the Centre for Global Energy Studies.

"Iran needs to export its crude more than other countries need to import it. They are desperate for cash."

Sanctions have already reduced Iran's exports to around 1 million barrels per day (bpd) compared to 2.2 million bpd in 2011. China, India, Japan, South Korea and Turkey now count as Tehran's main buyers.

The US government has focused on blocking Iran's oil exports because it estimates that crude sales provide about half of Iranian government revenues and that oil and oil products make up nearly 80 percent of the country's total exports.

The rial plunged by about a third against the US dollar in the week to October 2, reflecting a slide in oil income wrought by tightened sanctions over summer aimed at pressuring Tehran to drop its nuclear programme.

How long the economy could function without selling any oil is unclear, but Iran has large currency reserves accumulated over decades as one of the world's largest oil suppliers.

"What else can they export to generate the necessary revenues?" Carsten Fritsch of Commerzbank said in the Reuters Global Oil Forum.

Because of the slide in the rial and oil export earnings, the government is already moving onto an austerity footing, cutting imports of non-essential goods and urging its citizens to buy fewer foreign products.

Iran has in the past said it could shut the vital shipping lane of Hormuz at the head of the Middle East Gulf. However, a large Western naval force sent to keep open the route, through which about a third of the world's seaborne oil exports pass might be a large obstacle to such an attempt.

Production capacity

Earlier on Tuesday, Qasemi said Iran was still producing 4 million barrels per day (bpd), rejecting reports the country's output has fallen to around 2.7 million bpd.

According to the latest secondary source estimates published by the Organization of the Petroleum Exporting Countries, Iran pumped just 2.72 bpd in September, and Iran's own data submitted to OPEC showed the country produced 3.75 million bpd in August.

The International Energy Agency (IEA) estimates that Iranian exports fell to a new low of 860,000 bpd in September, down from 2.2 million bpd at the end of 2011.

Assuming a crude oil price of $110, such a sharp drop means Iran making just $95 million dollars from daily crude sales last month, about $147 million less every day than it was making late last year.

Nevertheless, Qasemi said Iran was pumping oil at full capacity and refining more of its own oil to meet domestic demand.

"It is currently 4 million barrels per day," he said, declining to give export figures.

"Iran has been facing US sanctions for 30 years while sucessfully managing its oil sector," he said.

He said Iran's refining capacity was now 2 million barrels per day (bpd) with another 200,000 bpd of capacity to be added before the end of Iranian year next March.

The increase in refining capacity had already ended Iran's need to import vehicle fuel and could soon drive a boom in fuel exports, the minister said.

"Our daily consumption of petrol (gasoline) is 90 million litres ... Earlier, a big portion of that was being imported but we no longer import products," he said.

"Right now, we not only don't import but we also export some products ... there are always customers for Iranian oil.

"By the end of the Iranian year they will reach their maximum capacity and then we can export more Iranian oil products," he said.

Mobile key to Yahoo turnaround strategy

Mobile key to Yahoo turnaround strategy


Marissa Mayer will put mobile apps and services at the centre of her turnround strategy for Yahoo, she said on Monday, as the internet company reported better than expected third-quarter earnings.

In her first public outline of her strategic vision as chief executive since July’s arrival from Google, Ms Mayer said Yahoo visitors’ “daily habits” of checking sports scores, stock prices and weather, sending email and sharing photos left the company well placed to ride the “fundamental and massive platform shift” of users’ attention away from PCs towards smartphones and tablets.

“Our top priority is a focused, coherent mobile strategy,” she said. “We’re determined to go back to our roots as a consumer internet company focused on user experiences.”

As she begins the latest of several attempts in recent years to turnround the struggling web portal, Ms Mayer’s first quarterly earnings as chief executive came in ahead of expectations.

Yahoo shares rose by more than 4 per cent in after-hours trading after it reported 66 per cent growth in earnings per share to 35c a share, beating Wall Street consensus estimates of about 26c, for the three months to September 30.

Ms Mayer did not indicate any radical departures or new restructuring plans, but intends to improve its technology and management execution after five years of change at the company under a series of different chief executives.

“My view is that the core of Yahoo is incredibly valuable and it’s a great platform to build on,” she said. “I don't think this is a situation where there is a giant pivot ... We aren’t necessarily looking at large-scale restructurings.”

Yahoo will be a “predominantly mobile company” in the “not too distant future”, Ms Mayer said, although it is racing to recruit mobile engineers and designers to fill gaps in its workforce. Consumers’ adoption of smartphones and tablets has caused problems for Yahoo’s younger and faster-growing rivals, Google and Facebook, as advertising revenue is lagging the time spent on mobile.

Ms Mayer did not address how the shift to mobile would affect Yahoo’s advertising rates, but acknowledged the scale of the technical challenge.

“While we’ve made progress, Yahoo hasn’t capitalised on the mobile opportunity,” she said. “We’ve underinvested in our mobile front-end development and we’ve splintered our brand. All of this needs to change.”

While its third-quarter results were stronger than Wall Street’s modest expectations, Yahoo is still underperforming the broader display advertising market, which eMarketer expects to grow by 21.5 per cent this year in the US and where it is being outpaced by Google and Facebook
For the third quarter, Yahoo’s revenues, net of payments to publishers and other third parties, were just ahead of forecasts at $1.09bn, up 2 per cent, sending Yahoo’s shares up by 3.8 per cent in after-hours trading in New York on Monday.

Both search and display advertising showed modest increases in revenue, despite an 18 per cent drop in revenues from Europe, the Middle East and Africa.

But operating margins in the third quarter fell from 17 per cent a year ago to 14 per cent.

Since striking a search partnership with Microsoft through Bing in 2009, which runs until next spring, Yahoo’s market share has continued to slide. EMarketer says that Google holds a 74.5 per cent share of the $17.5bn US search advertising market, while Yahoo’s has fallen from 6.9 per cent to 6.2 per cent.

Ms Mayer said that while the Bing agreement had “experienced some disappointments”, there was opportunity to improve income through the changes to the Yahoo search design and user experience. 

“We’ve been happy working with Microsoft,” she said, in spite of some analysts’ suggestions that she could attempt to strike a new search deal with her former employer, Google.

She insisted that Yahoo’s growth rate could outpace the online advertising market over the course of “multiple years”, partly by investing in its advertising technology to improve marketers’ ability to buy ads automatically, without the need for customised changes to the site other than for very large campaigns.

While she also hoped to improve Yahoo’s targeting capabilities, to personalise both its homepages and advertising, Ms Mayer admitted data about its users was fragmented between its services.

Google and Microsoft have moved to combine this data, causing some controversy among privacy advocates.

Ms Mayer said she would make small acquisitions, mainly of less than $100m, to improve Yahoo’s offerings in mobile and to bring in new talent.

Yahoo reaped $7.6bn pre-tax from the sale of half of its stake in Alibaba, the Chinese ecommerce group, and plans to return $3.65bn to shareholders, through buybacks or dividends.

Cash holdings stood at $7.56bn at the end of September, up from $1.5bn at the end of last year, as a result. The earnings statement also revealed that Yahoo had agreed a new, undrawn $750m credit facility, which it said would be used for “general corporate purposes”.

However, Ken Goldman, Yahoo’s new finance chief, said that the company would spend its resources “prudently” and “with discipline” and remain “very mindful of shareholder value creation”.

Obama takes the offensive in US debate

Obama takes the offensive in US debate


Barack Obama and Mitt Romney locked horns, and also found areas of agreement, in a debate over foreign policy which was often hijacked by both candidates to speak about the economy.

The two men went into the third, and final, US presidential debate before the November 6 poll effectively tied but also separated by small margins in the battleground states of Ohio, Florida, Virginia, Colorado, Iowa and New Hampshire.

Mr Obama was the more aggressive of the duo, behaving as the underdog trying to goad his opponent into sharp argument.

But Mr Romney mostly refused to take the bait, agreeing with Mr Obama on the handling of Syria and Egypt, endorsing his use of drones and refusing to re-engage on the controversy of the handling of the September attack of the US consulate in Libya.

Apart from forays into the domestic economy, the 90-minute debate was focused on the Middle East, Pakistan, Iran and terrorism, with the last quarter of an hour on China.

Mr Obama opened strongly, charging that Mr Romney’s diplomatic policy was “all over the map” and saying he had erred in calling Russia America’s biggest “geopolitical threat”.

“You seem to want to import the foreign policy of the 1980s, just like the social policies of the 1950s and the economic policies of the 1920s,” Mr Obama said.

Mr Obama also derided Mr Romney’s longstanding criticism that the US navy had fewer ships in its fleet than it had just after the second world war.

“We also have fewer horses and bayonets,” Mr Obama said. “We have these things called aircraft carriers. This is not ‘Battleship’.” Mr Obama quipped.

Mr Romney, who started the debate slowly, offered a general critique of Mr Obama’s foreign policy, saying it lacked a broader base to tackle social and political problems in the Middle East.

“We can’t kill our way out of this mess,” he said, after complimenting Mr Obama on the death of Osama bin Laden.

“We’re going to have to put in place a very comprehensive and robust strategy to help the world of Islam and other parts of the world, reject this radical violent extremism, which is certainly not on the run.”
“In nowhere in the world is America’s influence greater than it was four years ago,” he said. “I don’t see our influence growing in the world; I see our influence receding.”

Mr Romney argued more strongly as the debate went on, repeatedly pivoting back to the economy, linking America’s economic strength to national security.

“We believe we have the momentum coming out of tonight,” said Ed Gillespie, a senior Romney adviser, adding that the Republican candidate had enunciated the “clear correlation between our economy and military strategy”.

Mr Obama’s camp, however, was buoyant. Jim Messina, Mr Obama’s campaign manager, said: “You saw a raw and reckless Mitt Romney tonight – he was trying to make up new positions.”

Towards the close of the debate, Mr Romney also tried to confront criticism of his opposition to the government-backed bailout of the US auto industry, an issue that could sway the outcome of the election in Michigan and Ohio.

“I am a son of Detroit. I was born in Detroit,” he said, to emphasise he would never have acted to harm the industry.

Early polls, including one conducted by CBS, awarded the debate to Mr Obama, while CNN viewers asked the winner of the debate favoured Mr Obama by 48 per cent to Mr Romney’s 40 per cent.
But their encounter is unlikely to be as decisive as the first debate in October, which Mr Romney dominated.

With the airwaves and the internet flooded by a record number of political attack ads, the debates have offered voters a chance to take an unfiltered look at the candidates.

As in 2008, foreigners preferred Mr Obama over the Republican candidate by a wide margin, according to a poll conducted in 21 nations for the BBC World Service.

Of the countries polled, France was the most strongly pro-Obama, with 72 per cent supporting his re-election and just 2 per cent preferring Mr Romney. Australia (67 per cent), Canada (66), Nigeria (66), and the UK (65) were other countries with large majorities favouring Mr Obama.

Apple introduces 13-inch MacBook Pro with Retina display

Apple introduces 13-inch MacBook Pro with Retina display


Apple is introducing a new 13-inch MacBook Pro laptop that has a Retina display, with four times the resolution of the previous model. The new model follows a 15-inch MacBook Pro with a Retina display introduced this summer, and will start at $1,699.

Apple's marketing chief Phil Schiller said it will go on sale immediately. The old MacBook Pro will still be sold, starting at $1,199.

The new model dispenses with an optical drive and a traditional hard drive. Instead, it uses solid-state flash memory. This makes it 20 per cent thinner and at 3.75 pounds, nearly a pound lighter than the previous model.

Apple revealed the new computer at an event in San Jose, California, where it also revealed two new models of the iPad tablet computer - the iPad Mini and the 4th generation iPad.

Sunday, 21 October 2012

Winston Churchill's Land Rover sells for 129,000 pounds

Winston Churchill's Land Rover sells for 129,000 pounds


A Land Rover built for former British Prime Minister Winston Churchill on his 80th birthday has sold for a whopping 129,000 pounds at an auction in UK.

The vehicle, which had been modified to enable him to be chauffeur-driven around his Chartwell estate in Kent, was expected to fetch up to 60,000 pounds at an auction in Cambridgeshire, the BBC News reported.

The Land Rover sold for 129,000 pounds - more than twice its estimate.

It was sold with the original logbook registering it to Churchill to a bidder who wished to remain anonymous.

The previous owner had kept it in a shed in Kent since 1977.

The 1954 Series 1 Land Rover was registered as UKE 80 in the name of the "Rt Hon Sir Winston Spencer Churchill KG. OM. CH. MP. Chartwell, Westerham, Kent".

It was especially modified for him with an extra-wide passenger seat and heated footwell.

Cheffins auctioneers said the vehicle, which had 20,812 km on the clock, was the most expensive item in its auction of more than 2,000 vintage vehicles.

Saturday, 20 October 2012

Justin Timberlake and Jessica Biel get married

Justin Timberlake and Jessica Biel get married


Actor-singer Justin Timberlake and fiance Jessica Biel tied the know in an intimate ceremony in Italy.

The couple has been together for five years, and has enjoyed a ten month engagement, reported People magazine.

"It's great to be married, the ceremony was beautiful and it was so special to be surrounded by our family and friends," the couple said in a statement.

They enjoyed three days of celebrations, which began on Wednesday at a beach party that included fireworks and live music. On Thursday they hosted another party which included anti-pasti and open fires.

Both Biel and Timberlake had been honest about their wedding and relationship to the world.

"I think it's important to remember that you go into something like marriage knowing that you don't know very much about it at all," Timberlake had said.

The wedding was awash with security, and reportedly guests were required to sign a non-disclosure agreement to protect the privacy of the newlyweds.

The guest list included Jimmy Fallon, Timbaland, Andy Samberg and Beverly Mitchell.

Both Timberlake and Biel have a long history of Hollywood dating, with Timberlake famously dating Britney Spears for many years, as well as a highly publicised relationship with Cameron Diaz. Biel has dated Ryan Reynolds in the past.

Asia's biggest Apple store opens in Beijing

Asia's biggest Apple store opens in Beijing


Apple's largest store in Asia opened in Beijing on Saturday. The store, located in the city's commercial street of Wangfujing, is Apple's third in Beijing, reported Xinhua.
John Browett, Apple's senior vice president of retail, had previously said that the new store is the company's largest store in Asia, with an area of 2,300 square meters and more than 300 employees.

A full range of accessories for Apple products is available in the store, according to Browett. Hundreds of Apple fans waited in line before the store opened at 9 AM. "We will bite the 'Apple'," said one customer.

Apple currently has 390 retail stores around the world, and the company is stepping up its efforts to expand its presence in China. Browett said a store in the south China city of Shenzhen is also about to open and there will be more stores across China in the future.

Friday, 19 October 2012

Yahoo to exit South Korea in first Asian pullout

Yahoo to exit South Korea in first Asian pullout


Yahoo Inc's South Korean operation said on Friday it will quit the country, underscoring its struggle against Google Inc and local competitors expanding aggressively into mobile advertising and online services. South Korea is the first Asian country Yahoo is leaving, the firm said. An industry pioneer and household Internet brand, it has been overshadowed by global rivals including Facebook Inc and Google in recent years.

"Yahoo has faced several challenges in the past couple of years and decided to pull out of the (Korean) business to put more resources on global business and become more powerful and successful," Yahoo said in a statement. Yahoo Korea, which started business in 1997 and is wholly owned by the US search company, has around 200-250 employees in South Korea. It will terminate Korean online portal services in December, the company said. In the South Korean market, it has failed to beat local rivals such as NHN Corp, Daum Communications Corp and SK Communications Co.

Yahoo appointed Google veteran Marissa Mayer as its chief executive in July, its third CEO in less than a year. Former CEO Scott Thompson resigned after less than 6 months in the job over a controversy over his academic credentials. Before that, Yahoo co-founder Jerry Yang had stepped down as CEO, and an internal reorganisation cut thousands of jobs. Yahoo remains one of the world's most powerful websites, with more than 700 million monthly visitors who use products like its email service and read its news pages. 

Indian man hits $30.5 mln jackpot in US

Indian man hits $30.5 mln jackpot in US 


An Indian origin man from Hyannis, Massachusetts, won a 30.5-million dollar lottery, just one day after he was dumped by his girlfriend.

When Sandeep 'Sunny' Singh was asked if there was a lucky lady in his life, with whom he will share his winnings, he said, "no lucky girlfriend, just broke up with her.

"Thank god," News.com.au quoted him as saying.

He clarified this by saying that she dumped him.

"I was heartbroken at first, but now I'm getting over it," he added. 

SANDEEP 'Sunny' Singh is the luckiest guy on the planet.
Not only is he a 22-year-old with $30.5 million, but he gets the money all to himself.
Money can't buy you love but it can help you move on from it; Singh won the Mega Millions jackpot just ONE day after he was dumped by his girlfriend.
When asked if there was a lucky lady in his life with whom to share his winnings, Sunny, from Massachusetts, said: "No lucky girlfriend, just broke up with her.
"Thank god."
He clarified this, adding that she in fact dumped him.
"I was heartbroken at first, but now I'm getting over it," he said.
Yeah. Winning $30.5 million will do that to you.

Austria probes gruesome fate of Nazi-era disabled

Austria probes gruesome fate of Nazi-era disabled


Forensic crews scraping away dirt from the remains of the Nazi-era psychiatric patients were puzzled: The skeletal fingers were entwined in rosary beads. Why, the experts wondered, would the Nazis — who considered these people less than human — respect them enough to let them take their religious symbols to their graves?

It turns out they didn't.

A year after the first of 221 sets of remains were exhumed at a former Austrian hospital cemetery, investigators now believe the beads were likely nothing more than a cynical smokescreen, placed to mislead relatives attending the burials into thinking that the last stage of their loved ones' lives was as dignified as their funerals.

But skeletons don't lie. Forensic work shows that more than half of the victims had broken ribs and other bone fractures from blows likely dealt by hospital personnel. Many died from illnesses such as pneumonia, apparently caused by a combination of physical injuries, a lack of food and being immobilized for weeks at a time.
Neither do medical records, which show that medical personnel cursed their patients as "imbeciles," ''idiots" and "useless eaters."

Indeed, there is now little doubt that for many of the dead — mentally and physically disabled people considered by the Nazis to be human garbage — their final months were hell on Earth.

Nazi extermination of the mentally and physically deficient has been documented since the end of World War II. But information gathered from the hospital cemetery in Hall, an ancient Tyrolean town of narrow, cobble-stoned alleys, cozy inns and graceful church spires east of Innsbruck, has filled out the picture in chilling new ways.

Historians, anthropologists, physicians and archaeologists say the Hall project represents the first time that investigators can match hospital records with remains, allowing them to identify, for example, cases in which patients had broken ribs, noses and collarbones that were not listed in their medical histories, suggesting that the patients had been beaten by those responsible for their care.

Faced with the horrors of the findings, those involved in the probe struggle to maintain the detached attitude of an investigator.

"At first, I sat here and worked through these documents in a relatively dry manner from the point of view of a scientist," psychiatrist Christian Haring said. "But as you read on at some point, you suddenly find yourself in a world where the goose-bumps appear."

Anthropologist George McGlynn said more than half of the sets of remains have broken bones, many of them unexplained in the patients' medical records.

"Why is a stubbed toe talked about in three different (documents), but six rib fractures that cause terrible pain isn't even mentioned?" he asked.

While such injuries did not kill directly, they may often have led to death. Many of the patients are listed as dying of pneumonia, and McGlynn said the "scary conclusion" is that rib injuries combined with sedation and forced immobility — patients are suspected to have been strapped to their beds for weeks at a time — may have generated fatal incidences of the disease.

"Nobody is being executed here, like you see in concentration camps," he said. "It was done in a more sinister, insidious way — people are loaded up with drugs until they get a lung infection."

Forensic examination of the bones shows infection that started at the skin level then "goes right into the muscle and all the way to the bone," McGlynn said.

Others apparently starved — if not to death, then to the point where they were susceptible to diseases that then killed them.

"We can assume that the patients suffered massively from hunger," said Haring, the psychiatrist, speaking of "enormous" losses in weight.

The Nazis called people deemed too sick, weak or disabled to fit Hitler's image of a master race "unworthy lives," in the terrible culmination of the cult of eugenics that gained international popularity in the early 1900s as a way to improve the "racial quality" of future generations.

"Patients, who on the basis of human judgment are considered incurable, can be granted mercy death after a discerning diagnosis," Hitler wrote in a 1939 decree that opened the flood gates to the mass killings.

More than 70,000 such people were killed, gassed to death or otherwise murdered between 1939 and 1941, when public protests stopped most wholesale massacres. From then until the end of the war in 1945, the killings continued at the hands of doctors and nurses. In all, at least 200,000 physically or mentally disabled people were killed by medication, starvation, neglect or in the gas chambers during the war.

After 1941, McGlynn said, "a lot of the smaller institutions were given carte blanche to take care of things themselves. No longer were people being transported to (killing) centers. They were being put to sleep right there."

Hundreds of psychiatric patients from Hall were among those shipped to killing centers before 1941, but what happened there after that was unknown until two years ago, when an archivist searching through old hospital files discovered the graveyard during a hospital expansion.

The records show that as the war progressed, and able-bodied men and women became scarce behind the front lines, the Nazis made a cynical adjustment in their measurement of patients' value.

"'Worthy of life' and 'unworthy of life' were the terms used back then," Haring said. "The difference was ability to work or not."

Excerpts of medical histories provided to The Associated Press described one of the patients as suffering from "imbecility," but most were objective, bereft of demeaning descriptions. McGlynn, however, said he had examined records that show emotional abuse in addition to the physical violence the remains attest to.

"People are being threatened: 'If you don't do this we are going to stuff this tube down your nose and pump you full of stuff,'" he said. "These people were at the mercy of their captors."

Other evidence backs up his findings.

Documents show that the cemetery was created in 1942, a year after the formal end of the mass-killing campaign meant that Hall patients could no longer be shipped to gas chambers. It was shut down and abandoned in 1945, when the war ended. During that time, deaths in the psychiatric ward rose from an average of 4 percent a month in early 1942 to as high as 20 percent in some months before the end of the war.

Haring, an affable, soft-spoken man, is visibly shaken as he speaks of the horrors perpetrated by the previous generation of psychiatrists. But he hesitates to assign individual guilt to anyone caught up in the inhuman machinery of the Third Reich.

"It is easy for us now to point the finger and say 'what have they done?'" he said. "But ... I am not sure that I would have acted differently. We were simply paralyzed."