суббота, 3 марта 2012 г.

Levers of power.(News)

The decision by the National Prosecuting Authority (NPA) to not continue with the case against Jacob Zuma makes this a sad day for democracy in South Africa.

Once again, power has triumphed over principle, and the integrity of the law has been massively compromised.

This decision has shown that the NPA is willing to compromise when under pressure, which is in direct contravention of the obligations placed on it by the constitution.

It has been said that you can throw away your good name only once ...

All the indications are there that the NPA had built a solid and comprehensive case against Zuma; in fact, the NPA had said so itself. …

Wenger rules out signing Chamakh in January

Arsenal manager Arsene Wenger has ruled out making another attempt to sign Bordeaux striker Maroune Chamakh even though the transfer window is open and forward Robin van Persie is sidelined until April.

Wenger, who tried to sign the Moroccan international in June, said Friday that …

пятница, 2 марта 2012 г.

Yahoo Replaces CEO Terry Semel With Yang

SAN FRANCISCO - Yahoo Inc. Chairman Terry Semel ended his six-year tenure as chief executive officer Monday and will hand over the reins to co-founder Jerry Yang in the Internet icon's latest attempt to regain investor confidence.

Semel, 64, will remain chairman in a non-executive role.

Besides naming Yang as its new CEO, Yahoo appointed Susan Decker as its president. Decker, who had been recently promoted to oversee Yahoo's advertising operations, had widely been seen as Semel's heir apparent.

The Sunnyvale-based company announced the shake-up less than a week after Semel faced off with shareholders disillusioned with Yahoo's lackluster performance during the past 18 months - a malaise that wasn't reflected in Semel's compensation.

Despite Yahoo's struggles, Semel received a package valued at $71.7 million last year. That was more than any other CEO among 386 publicly held companies covered in an Associated Press analysis of executive compensation using new SEC disclosure rules.

Semel assured shareholders attending Yahoo's annual meeting last week that he had the fortitude to lead a comeback. He has been counting on recent improvements to Yahoo's online advertising system and a series of key partnerships to boost profits after the company suffered an 11 percent drop in its first-quarter earnings.

But in a statement Monday, Semel said he had already told the board that he wanted to step away "sooner rather than later."

"This is the time for new executive leadership, with different skills and strengths, to step in and drive the company to realize its full potential," Semel said. "It is the right thing to do, and the right time is now."

Yahoo shares gained 81 cents finish at $28.12 Monday, then surged $1.11, or nearly 4 percent, in the extended session. The company's stock price has plunged by nearly 30 percent since the end of 2005.

Moody's mulls cutting Italy ratings.

(ADPnews) - Jun 20, 2011 - Moody's Investors Service said on June 17 it had placed Italy's Aa2 local and foreign currency government bond ratings on review for possible downgrade.

The agency affirmed the country's short-term ratings at Prime-1.

The ratings review was prompted by the economic growth challenges that arise due to macroeconomic …

Server the People

Server the People Al WEIWEI'S BLOG: WRITINGS, INTERVIEWS, AND DIGITAL RANTS, 2006-2009 EDITED AND TRANSLATED BY LEE AMBROZY CAMBRIDGE, MA: MIT PRESS. 320 PAGES. $25.

Ai Weiwei claims that he had only the faintest sense of what the Internet was when he began blogging in 2005. The Chinese artist, then famous for collaborating on the design for Beijing's Olympic stadium, had been invited to participate in a series of celebrity blogs hosted by sina.com, the mainland's largest Web portal. He became instantly obsessed with the possibilities of social media, blogging for hours each day. Over the ensuing three and a half years, he wrote more than twenty-seven hundred posts on everything from French footballer Zinedine Zidane to the architecture of Atlantic City to the election of Barack Obama. But one subject dominated Ai's digital writings: the social, political, and spiritual tumult that has attended China's economic rise.

Chinese authorities closed Ai's blog in June 2009. Now, about one hundred of his writings have been translated and collected in an essential book, Ai Weiwei's Blog. Ai might not have spent much time on the Internet prior to his rebirth as a digital activist, but he was certainly no media na�f. His father was a renowned poet who was denounced during the Cultural Revolution and sentenced to decades in a labor camp. Ai attended the Beijing Film Academy alongside Chen Kaige and Zhang Yimou, and after briefly terrorizing the city's art establishment, he spent most of the 1980s and early '90s working and studying in New York. He became a star of the global art world in the 2000s, initially for his brash, irreverent defacement (or destruction) of centuries-old Chinese artifacts. He eventually moved toward more ambitious installation pieces animated by themes of interconnectedness and community. Last fall, he filled die cavernous entrance hall of Tate Modern in London with one hundred million handpainted porcelain sunflower seeds.

These collected writings offer little insight into Ai's creative process; rather, they document his constant experiments with China's political boundaries. Gradually, arcs emerge. In his early posts, he comes across as open and inquisitive, embedding his grievances deep within philosophical excursions and allegory. By the end, Chinese patriotism and its requirement of personal sacrifice are revealed to be narrative cover for what many people experience daily as soul-killing absurdity: "During the thirty years of letting a few of the people get rich first, how many people have sacrificed their fingers? " he asks while scanning statistics about workplace injuries.

Ai's initial ruminations about the beauty and utility of architectural design anticipate his savage criticism of the shoddy "tofudregs engineering," as it has memorably been called, of many Sichuan schoolhouses, which simply crumbled during the 2008 earthquake. (At least seven thousand school buildings in die province collapsed, and more than sixty-eight thousand people, including many schoolchildren, were killed.) Another of Ai's early, more formal posts ponders our faith in the photograph as "truth itself"; he prefers to approach the image as but one version of reality, an awareness that seems radical given the centralization of information in China. "The truth is always terrible, unfit for presentation, unspeakable, and difficult for the people to handle," he writes in April 2009, during his campaign to compile a list of the students who perished during the Sichuan earthquake. "Just speaking the truth would be 'subversion of the state.'" A month later, as surveillance cameras point toward Ai's home and his phone is wiretapped, he reaches wit's end and takes to his blog to confront the authorities directly. "The world is yours, thus you must act justly and honorably," he scoffs. Shortly thereafter, he is forced offline.

Numerous seemingly random posts about the ideas of Andy Warhol communicate a sly, knowing context for how Ai has chosen to use his image. Warhol made a shell game of meaning, leaving open the interpretation that his own celebrity was one giant joke. For a follower like Ai, hailing from a context where there were no self-made men, Warhol's ironic, mischievous treatment of history, serious culture, and sundry other totems signified a powerful possibility.

Perhaps the mellow pace of Ai's rise and his interest in the careers of artists like his father and Warhol offered him ample time to consider the potential of celebrity. Unlike Han Han, the young Chinese blogger and race-car driver whose career seems a trial balloon for a new kind of Chinese supercelebrity, Ai represents a more hopeful, collective possibility for China's digital future. He found 1,001 participants for Fairytale, his contribution to die 2007 Documenta exhibition, through his blog and brought them to Kassel, Germany, to live and roam in temporary homes he had designed for them. After the Sichuan earthquake, he initiated an online "citizen investigation" in order to collect the names of die children who had perished.

Blogging, in its more familiar Western context, assumes that we take ourselves more seriously than usual, which is why so many bloggers seem sustained by a spirit of narcissism. In Ai's China, where surveillance and "harmonization" - the government's euphemism for censorship - are routine, and where the promise of Warholian individuality doesn't circulate quite so freely, blogs and other forms of social media suggest the potential for a mass subversion that might just as easily be called a healthy civil society. It is writing that is willfully unofficial, in a context where daily life must be underwritten by the state. Today, Ai is obsessed with Twitter and "microblogging. " It is a reminder that social networking's greatest potential might be elsewhere: Egypt, Tunisia, Ai's China, where cats aren't so LOL funny and one is constantly mindful of "who the blog host really is."

[Author Affiliation]

Hua Hsu is an English professor at Vassar College and blogs for The Atlantic.

RIGHT WAY TO AVOID SURCHARGE ON CALLS FROM JAIL.(MAIN)

Byline: MICHAEL HEALEY Amsterdam

In response to Alice Green's recent letter on prisoner phone calls:

If someone doesn't want to pay these prison phone fees, don't go to prison. Simple solution.

When people go to prison they forgo their rights to live as a free citizen of the United States. They also should lose the privilege of cigarettes, television, radio, weightrooms, etc. This is prison not a hotel or country club. Prison isn't about being convenient for its inmates. When one comes out of prison the experience should be one that motivates them never to want to go back. That …

Sears' Net exchange grows

While Sears, Roebuck and Co. continues to search for a new CEO,the giant retailer scored another e-commerce coup Thursday. But legaltroubles with a media buying company and former Sears employeesremain hurdles.

Two foreign retailers are the first to join Hoffman Estates-basedSears' online exchange that lets retailers and suppliers transactbusiness in real time. Germany's Metro AG and British retailconglomerate J Sainsbury PLC join founding partners Sears, Paris-based Carrefour and Oracle Corp., of Redwood Shores, Calif., in theWeb-based business-to-business marketplace, called GlobalNetXchange,Sears said.

The four retailers account for $140 billion in purchases annuallyfrom more than 50,000 suppliers, partners and distributors worldwide.

Yet the e-commerce venture's future remains cloudy because Sears'biggest U.S. competitor, Wal-Mart Stores Inc., has expressed nointerest in joining.

Indeed, Wal-Mart has expanded its Retail Link, in which itssuppliers access and share data over the Internet, and will launch aSamsClub.com Web site this summer that might offer online auctionsfor business and Advantage members, Wal-Mart spokeswoman MelissaBerryhill said Thursday.

Separately, Sears fired its media-buying company, Santa Monica,Calif.-based Focus Media Inc., and filed suit alleging that Focusfailed to pay for media commitments it had made on Sears' behalf. "Wehad asked Focus for a complete accounting of the payments we had madefor the media obligations they'd incurred on our behalf," Searsspokeswoman Jan Drummond said Thursday. "They declined to providethat, so, unfortunately, we had to take this step."

Focus filed a countersuit in Los Angeles Superior Court on March13, alleging that it suspended payment to the media because Searswouldn't pay the company. Focus also claims that Sears ignored anagreement to give Focus one year's advance notice before it canceledthe contract, and that Sears has wrongfully obtained a judge's orderfreezing Focus' bank account until a court hearing next week.

Focus, which is seeking at least $100 million in damages, isrepresented by Bertram Fields, a Los Angeles attorney known forrepresenting the Beatles, Tom Cruise and former Disney Co. executiveJeffrey Katzenberg.

In a separate court case, U.S. District Judge James Moran ruledlast week in Sears' favor in a dispute with its retirees over theretailer's decision to cut their life insurance benefits.

Sears aims to save $60 million a year for 10 years by reducing thecompany-paid benefits from a maximum $100,000 to $5,000 a year. Searscontends that it consistently told retirees it could change allbenefits, including the insurance, at any time.

The retirees, who maintain a Web page, are still fighting for thecourt to consider their allegation that Sears breached its fiduciaryduty. The ruling denies them class-action status, however.

Sears also filed documents with the Securities and ExchangeCommission showing that outgoing CEO Arthur Martinez will be paid a$2.2 million bonus for 1999.