French Forces Pressing Mali Campaign Seize Rebel Stronghold





BAMAKO, Mali — French troops took control overnight of the airport at the last major northern Mali town still in rebel hands, officials said on Wednesday, after Islamist militants abandoned two other principal settlements in the vast, desert region where residents’ relief and elation has given way to some measure of reprisal and frustration.




A French military spokesman in Paris, Col. Thierry Burkhard, said French troops reached the airport at Kidal, in the remote northeast of Mali, in an ongoing operation that is ongoing.


Haminy Maiga, a local official, told news agencies that French forces met no resistance when they arrived aboard four airplanes that landed late on Tuesday. France also sent helicopters, he said.


Kidal is the capital of a desert region of the same name. Secular Tuareg rebels claim to be in control of the town after Islamists fled. A newly formed Islamist splinter group that broke with the main Ansar Dine Islamist force also claims to have a power base there.


The new group calls itself the Islamic Movement for the Azawad and is led by Alghabass Ag Intalla, a prominent leader of the Tuareg ethnic group from the Kidal region who has said he wants to negotiate a settlement with the central government in Bamako, 800 miles to the southwest. Azawad is a Tuareg term for northern Mali.


Mali has been in turmoil since early 2012, when junior officers in the south staged a coup to protest the government’s tepid response to an uprising in the north by Tuareg separatists who were subsequently pushed to the side by Islamic extremists bent on imposing an extreme form of Shariah law.


Earlier this month, the Islamists suddenly advanced toward the capital, threatening to engulf the south, topple the weak central government and destabilize a vast area of northern Africa.


After a series of punishing French airstrikes in recent days, French and Malian troops launched a lightning campaign on the ground, entering the northern towns of Gao and Timbuktu as Islamist rebels seemed to melted away to far-flung hide-outs, possibly in the Kidal Province.


In Gao, groups of residents were reported on Tuesday to be hunting down suspected fighters who had not fled ahead of the French-Malian military forces who took control of the town over the weekend. Other residents expressed concern that Gao remained unsafe and was acutely short of food and fuel after a prolonged isolation.


“The city is free, but I think the areas close by are still dangerous,” said Mahamane Touré, a Gao resident reached by telephone from Bamako, the capital. “These guys are out there.”


Mr. Touré, who spent the evening watching soccer on television and listening to music with friends, said that although everyone was enjoying the new freedoms, the legacy of Islamist occupation was evident in the hardship of everyday life.


“The price of gasoline is almost double, and the price of food is very high,” Mr. Touré said. “There are still things in the market, but no one has any money and there is no aid.”


Reporters and photographers in Timbuktu, the storied desert oasis farther north that the French-Malian forces secured on Monday, saw looters pillaging shops and other businesses, with some saying the merchants were mainly Arabs, Mauritanians and Algerians who had supported the Islamist radicals who summarily executed, stoned and mutilated people they suspected of being nonbelievers during their 10-month occupation.


Alex Crawford, a television correspondent for Britain’s Sky News, said, “This is months and months of frustration and repression finally erupting.”


The rapidly shifting developments came less than three weeks into the military effort led by France, the former colonial power whose helicopters and warplanes began arriving here at the Malian government’s invitation on Jan. 11. Since then other West African countries have started to send troops. Britain is preparing to send more than 300 military trainers, and the United States is providing aerial cargo and refueling help.


In Washington, Pentagon officials said that as of Tuesday 17 sorties by United States Air Force C-17 cargo jets had flown 500 French troops and 390 tons of equipment into Bamako. In addition, there has been one aerial refueling operation by an American KC-135 tanker aircraft, which provided 33,000 pounds of fuel to several French warplanes, the officials said.


At the same time, a meeting of international donors was getting under way on Tuesday in Addis Ababa, Ethiopia, as part of an effort to provide more than $450 million in long-term financing for the military intervention in Mali.


The French-led effort has met surprisingly little resistance from the array of Islamist militias that occupied the northern part of Mali, an area about twice the size of Germany, in the spring of 2012 in the midst of a national political crisis.


It remains unclear how long the foreign military occupation will last. Most of the Islamist fighters have melted into the desert and could be regrouping to fight again.


In a bid to consolidate the gains, troops from Mali and neighboring Niger arrived Tuesday in the small town of Ansongo, about 50 miles south of Gao, one day after President François Hollande of France urged African countries to take a more prominent role in the operations.


Just as in Gao two days before, residents filled the streets there to greet the arrival of the African troops as they toured Ansongo and its environs.


“Everyone is very, very, very happy,” said Ibrahim Haidara, an Ansongo resident reached by phone. “They chanted, ‘Vive la France!’ and ‘Long live African armies!’ ”


But like his counterparts in Gao, he worried that the fighters might not have gone very far.


“They are in the bush. They are hiding,” he said. “One must be careful.”


Peter Tinti reported from Bamako, Rick Gladstone from New York, and Alan Cowell from London. Scott Sayare contributed reporting from Paris, John F. Burns from London, and Elisabeth Bumiller from Washington.



Read More..

Facebook Graph Search Still Doesn’t Speak Human






Despite hiring a couple of linguists to get its new search engine to move “beyond ‘Robospeak” and actually understand how people talk, Facebook hasn’t actually taught Graph Search how to do that very well just yet. And that’s a problem, no matter which way the social network spins it. Unlike Google‘s pattern-matching search engine, Facebook’s new recommendation-based social search platform tries to understand full sentences. And that takes context, something that’s very hard to teach even the smartest computers, as one of the linguists that worked on the project, Amy Campbell, told The New York Times‘s Somini Sengupta. 


RELATED: Why Facebook’s Graph Search Can’t Give Users What They’re Looking for… Yet






In order to think more like a person the Graph Search team taught the engine 25 synonyms for “student” so that when someone types in “Stanford Academics that work at Facebook” the engine knows to look for “students” — 275,000 different ways in fact. But it turns out that an English class isn’t the future of machine learning: a grammar and vocabulary lesson proves a lot easier than complex sentient thoughts, and that’s where Facebook’s new product breaks down in practice.


RELATED: Why Google Isn’t Scared of Facebook’s Graph Search


For example, Graph Search doesn’t get vague pronouns. My query today for “photos Elle Reeve likes that she commented on” confuses Facebook’s beyond-robo engine. Instead, Graph Search results track down photos that my Atlantic Wire colleague “likes” but that I commented on:


RELATED: The Bad News-Good News of Tech Trademark Infringement


But Facebook’s ambiguity problem extends beyond “I” and “she.” Graph Search also has problems with double entendres, or sentences with nuance. The phrase “sports fans that like Lady Gaga play” has multiple meanings, notes the Times, especially because the word “fan” has its own special meaning on Facebook. (People with “Pages” have “fans.”) 


fcff0  678605f19f5d7d273134dd61511d293e 492x211 Facebook Graph Search Still Doesnt Speak Human


It’s not impossible to fix these specific issues. Facebook can add more relevant “context” to Graph Search as more people use it (beta testing rolled out over the last week). But never once has a machine perfectly understood our natural language. IBM’s Watson has come close, but it still made an embarrassing mistake every so often, and newer robots like Georgia Tech’s Simon are still getting there. Messups are okay (and entertaining) for a computer on a gameshow, or robots that might end up really helping bridge the computer-human divide. But, if I’m really going to use Graph Search as a way to find things in my day-to-day life, right now, those kind of hiccups should happen rarely to never — and Facebook’s slow phase-in excuse isn’t cutting it. If Graph Search can’t understand what humans want, it’s simply not doing its job. 


Social Media News Headlines – Yahoo! News





Title Post: Facebook Graph Search Still Doesn’t Speak Human
Url Post: http://www.news.fluser.com/facebook-graph-search-still-doesnt-speak-human/
Link To Post : Facebook Graph Search Still Doesn’t Speak Human
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

A-Rod implicated in PED use again as MLB probes


NEW YORK (AP) — Alex Rodriguez is in the middle of Major League Baseball's latest doping investigation after an alternative weekly newspaper reported baseball's highest-paid star was among the big leaguers listed in the records of a Florida clinic the paper said sold performance-enhancing drugs.


The Miami New Times said Tuesday that the three-time AL MVP bought human growth hormone and other performance-enhancing substances during 2009-12 from Biogenesis of America LLC, a now-closed anti-aging clinic in Coral Cables, Fla., near Rodriguez's offseason home.


The new public relations firm for the New York Yankees third baseman issued a statement denying the allegations.


New Times said it obtained records detailing purchases by Rodriguez, 2012 All-Star game MVP Melky Cabrera, 2005 AL Cy Young Award winner Bartolo Colon and 2011 AL championship series MVP Nelson Cruz of Texas.


Cabrera left San Francisco after the season to sign with Toronto, while Oakland re-signed Colon.


Other baseball players the newspaper said appeared in the records include Washington pitcher Gio Gonzalez, who finished third in last year's NL Cy Young Award voting, and San Diego catcher Yasmani Grandal.


Biogenesis, which the New Times said was run by Anthony Bosch, was located in a beige, nondescript office park. The former clinic is no longer listed as a business in its directory,


"There was a flier put out by the building management a couple weeks ago. It was put on all the doors and windows of all the offices," said Brad Nickel, who works in a cruise planning company on the floor above where the clinic was located. "It just said this guy's not really a doctor, he doesn't belong here, he's no longer allowed here, call the police or the building management if you see him."


The New Times posted copies of what it said were Bosch's handwritten records, obtained through a former Biogenesis employee it did not identify.


Bosch's lawyer, Susy Ribero-Ayala, said in a statement the New Times report "is filled with inaccuracies, innuendo and misstatements of fact."


"Mr. Bosch vehemently denies the assertions that MLB players such as Alex Rodriguez and Gio Gonzalez were treated by or associated with him," she said.


Rodriguez appears 16 times in the documents New Times received, the paper said, either as "Alex Rodriguez," ''Alex Rod" or the nickname "Cacique," a pre-Columbian Caribbean chief.


Rodriguez admitted four years ago that he used PEDs from 2001-03. Cabrera, Colon and Grandal were suspended for 50 games each last year by MLB following tests for elevated testosterone. Responding to the testosterone use, MLB and the players' union said Jan. 10 they were authorizing the World Anti-Doping Agency laboratory outside Montreal to store each major leaguer's baseline testosterone/epitestosterone (T/E) ratio in order to detect abnormalities.


"We are always extremely disappointed to learn of potential links between players and the use of performance-enhancing substances," MLB said in a statement. "Only law enforcement officials have the capacity to reach those outside the game who are involved in the distribution of illegal performance-enhancing drugs. ... We are in the midst of an active investigation and are gathering and reviewing information."


A baseball official, speaking on condition of anonymity because he was not authorized to make public statements, said Monday that MLB did not have any documentation regarding the allegations. If MLB does obtain evidence, the players could be subject to discipline. First offenses result in a 50-game suspension and second infractions in 100-game penalties. A third violation results in a lifetime ban.


Rodriguez is sidelined for at least the first half of the season after hip surgery Jan. 16. A 50-game suspension would cost him $7.65 million of his $28 million salary.


"The news report about a purported relationship between Alex Rodriguez and Anthony Bosch are not true," Rodriguez said in a statement issued by a publicist. "He was not Mr. Bosch's patient, he was never treated by him and he was never advised by him. The purported documents referenced in the story — at least as they relate to Alex Rodriguez — are not legitimate."


Jay Reisinger, a lawyer who has represented Rodriguez in recent years, said the three-time AL MVP had retained Roy Black, an attorney from Rodriguez's hometown of Miami. Black's clients have included Rush Limbaugh and William Kennedy Smith.


Bosch did not return a phone message seeking comment.


MLB hopes to gain the cooperation of Bosch and others connected with the clinic, another baseball official said, also on condition of anonymity because no public statements on the matter were authorized. In order to successfully discipline players based on the records, witnesses would be needed to authenticate them, the official said.


Players could be asked to appear before MLB for interviews, but the official said MLB would be reluctant to request interviews before it has more evidence.


Rodriguez spent years denying he used PEDs before Sports Illustrated reported in February 2009 that he tested positive for two steroids in MLB's anonymous survey while with the Texas Rangers in 2003. Two days later, he admitted in an ESPN interview that he used PEDs over a three-year period. He has denied using PEDs after 2003.


If the new allegations were true, the Yankees would face high hurdles to get out of the final five years and $114 million of Rodriguez's record $275 million, 10-year contract. Because management and the players' union have a joint drug agreement, an arbitrator could determine that any action taken by the team amounted to multiple punishments for the same offense.


But if Rodriguez were to end his career because of the injury, about 85 percent of the money owed by the Yankees would be covered by insurance, one of the baseball officials said.


Gonzalez, 21-8 for the Washington Nationals last season, posted on his Twitter feed: "I've never used performance enhancing drugs of any kind and I never will, I've never met or spoken with tony Bosch or used any substance provided by him. anything said to the contrary is a lie."


Colon was not issuing a statement, agent Adam Katz said through spokeswoman Lisa Cohen.


"We are aware of certain allegations and inferences," Cruz's law firm, Farrell & Reisinger, said in a statement. "To the extent these allegations and inferences refer to Nelson, they are denied."


Cruz and Gonzalez had not previously been linked to performance-enhancing drugs. Cruz hit 24 home runs last year for the Rangers.


The New Times report said it obtained notes by Bosch listing the players' names and the substances they received. Several unidentified employees and clients confirmed to the publication that the clinic distributed the substances, the paper said. The employees said that Bosch bragged of supplying drugs to professional athletes but that they never saw the sports stars in the office.


The paper said the records list that Rodriguez paid for HGH; testosterone cream; IGF-1, a substance banned by baseball that stimulates insulin production; and GHRP, which releases growth hormones.


___


Associated Press writers Jennifer Kay in Coral Cables, Fla., and Curt Anderson in Miami, and AP Sports Writers Howard Fendrich and Tim Reynolds contributed to this report.


Read More..

Well: Helmets for Ski and Snowboard Safety

Recently, researchers from the department of sport science at the University of Innsbruck in Austria stood on the slopes at a local ski resort and trained a radar gun on a group of about 500 skiers and snowboarders, each of whom had completed a lengthy personality questionnaire about whether he or she tended to be cautious or a risk taker.

The researchers had asked their volunteers to wear their normal ski gear and schuss or ride down the slopes at their preferred speed. Although they hadn’t informed the volunteers, their primary aim was to determine whether wearing a helmet increased people’s willingness to take risks, in which case helmets could actually decrease safety on the slopes.

What they found was reassuring.

To many of us who hit the slopes with, in my case, literal regularity — I’m an ungainly novice snowboarder — the value of wearing a helmet can seem self-evident. They protect your head from severe injury. During the Big Air finals at the Winter X Games in Aspen, Colo., this past weekend, for instance, 23-year-old Icelandic snowboarder Halldor Helgason over-rotated on a triple back flip, landed head-first on the snow, and was briefly knocked unconscious. But like the other competitors he was wearing a helmet, and didn’t fracture his skull.

Indeed, studies have concluded that helmets reduce the risk of a serious head injury by as much as 60 percent. But a surprising number of safety experts and snowsport enthusiasts remain unconvinced that helmets reduce overall injury risk.

Why? A telling 2009 survey of ski patrollers from across the country found that 77 percent did not wear helmets because they worried that the headgear could reduce their peripheral vision, hearing and response times, making them slower and clumsier. In addition, many worried that if they wore helmets, less-adept skiers and snowboarders might do likewise, feel invulnerable and engage in riskier behavior on the slopes.

In the past several years, a number of researchers have attempted to resolve these concerns, for or against helmets. And in almost all instances, helmets have proved their value.

In the Innsbruck speed experiment, the researchers found that people whom the questionnaires showed to be risk takers skied and rode faster than those who were by nature cautious. No surprise.

But wearing a helmet did not increase people’s speed, as would be expected if the headgear encouraged risk taking. Cautious people were slower than risk-takers, whether they wore helmets or not; and risk-takers were fast, whether their heads were helmeted or bare.

Interestingly, the skiers and riders who were the most likely, in general, to don a helmet were the most expert, the men and women with the most talent and hours on the slopes. Experience seemed to have taught them the value of a helmet.

Off of the slopes, other new studies have brought skiers and snowboarders into the lab to test their reaction times and vision with and without helmets. Peripheral vision and response times are a serious safety concern in a sport where skiers and riders rapidly converge from multiple directions.

But when researchers asked snowboarders and skiers to wear caps, helmets, goggles or various combinations of each for a 2011 study and then had them sit before a computer screen and press a button when certain images popped up, they found that volunteers’ peripheral vision and reaction times were virtually unchanged when they wore a helmet, compared with wearing a hat. Goggles slightly reduced peripheral vision and increased response times. But helmets had no significant effect.

Even when researchers added music, testing snowboarders and skiers wearing Bluetooth-audio equipped helmets, response times did not increase significantly from when they wore wool caps.

So why do up to 40 percent of skiers and snowboarders still avoid helmets?

“The biggest reason, I think, is that many people never expect to fall,” says Dr. Adil H. Haider, a trauma surgeon and associate professor of surgery at Johns Hopkins University in Baltimore and co-author of a major new review of studies related to winter helmet use. “That attitude is especially common in people, like me, who are comfortable on blue runs but maybe not on blacks, and even more so in beginners.”

But a study published last spring detailing snowboarding injuries over the course of 18 seasons at a Vermont ski resort found that the riders at greatest risk of hurting themselves were female beginners. I sympathize.

The takeaway from the growing body of science about ski helmets is in fact unequivocal, Dr. Haider said. “Helmets are safe. They don’t seem to increase risk taking. And they protect against serious, even fatal head injuries.”

The Eastern Association for the Surgery of Trauma, of which Dr. Haider is a member, has issued a recommendation that “all recreational skiers and snowboarders should wear safety helmets,” making them the first medical group to go on record advocating universal helmet use.

Perhaps even more persuasive, Dr. Haider has given helmets to all of his family members and colleagues who ski or ride. “As a trauma surgeon, I know how difficult it is to fix a brain,” he said. “So everyone I care about wears a helmet.”

Read More..

India Ink: Five Questions (Plus a Few More) for Selma Dabbagh

Selma Dabbagh is a British-Palestinian fiction writer based in London. Her first novel, “Out of It,” which is set in Palestine, was published in 2011. A lawyer and mother of two, she is also working on her second novel, about expatriates, which is coming out next year. She spoke to India Ink at the Jaipur Literature Festival, which she was attending for the first time.

What are the occupational hazards of being a writer?

Compared to a lot of Palestinian writers, I have a big advantage of living in Europe and having a European passport, so I don’t face threats on a daily basis. I think I am more likely to get criticized because of my subject matter, or have people take objection to my politics, rather than my writing.

What is your everyday writing ritual?

I like to work in the morning. I try to have big chunks of time where I’m doing nothing else, and I try to keep administrative work to the evening. I still work part-time as a lawyer and I have two children so my time is very splintered.

Also, writers now have to do quite a lot of work for the publicity of a book that is out, so the administrative side and the publicity side impinge on your time. When I’m actually writing, I have a sofa that I go to in a room that has no Wi-Fi. I close the door, I have my notes on the side on a small easel, and that’s where I write and that’s when I’m happiest.

How do you deal with your critics?

I had one review which was quite strange. He made it sound like I was trivializing the Holocaust by something one character had said in the novel. He misinterpreted it and said it was offensive rubbish. I was so upset and angry with my first review because I felt that he got it wrong. Your sense is to respond to correct the record. To trivialize the Holocaust is actually a statutory offense in some countries. I did try and draft a response against the advice of everybody.

It [the review] came out in The Independent, and it was also odd because they put a strapline which said, “Aren’t you a bit too young for this conflict?” I was eight years older than the reviewer. And then I realized there is actually no dignified way of responding to a review. You have to just leave it.

You do get these knee-jerk reactions from people who are very supportive of Israel. Just the minute you say you are from Palestine, that in itself is offensive enough. So it doesn’t really matter how you are dressing it up.
That means you get quite cautious in the way you speak. You qualify everything, you talk with your footnotes, you have to make sure that you are really not going to say something in a panel or a session which is going to be filmed or played on YouTube and then get distorted.

Do you self-censor?

I don’t think it is self-censorship. It is extreme caution in how you say things and making sure that you know absolutely where something is coming from.

One of the tests as a writer is that you should follow what interests you. Often that is the behavior of your own people. Rather than thinking “this is what I should write about; this is the way we should be positively portrayed,” find your interest, find your passion as honestly and truthfully as possible.

What advice would you give to people who are interested in conflict writing?

History is very important. So is putting things into perspective so you are not just dealing with the immediate conflict. The back story is always relevant; it always needs to be clear. Even if it is not going to fit into your word count, it has to be very clear in your head why something has happened, whether it was a fictional event or a real event.

If you are portraying negative aspects within your own movement or your own people, one thing I often find is useful is to make sure that I have a good understanding as to why that person is behaving in a way they are, what is their history.

People are inherently the same. They are responding to circumstances. They have the same capacity of good or evil in them; it is just how they get driven into that position. It’s critical to have some sort of sympathy being built up, even if the end result is not one that you would condone.

Could you tell us a little bit about your book “Out of It?”

It’s a very specifically a Palestinian book in some ways. It is about a very specific set of circumstances, but the issues in it are very universal. The particular thing that was interesting to me was the idea of political consciousness, and how people in conflict situations deal with what space they should allow their personal lives when the political may be dominating.

The characters in my book are very middle class. They are exiled and are returnees to Palestine. They are very educated, and they want to change their country, and they want to somehow engage. But they find it very difficult to find a place between the sort of extremist opposition and the defunct leadership that is in place.
I wrote the book before the Arab Spring, but I was writing it to show a class of Arabs who are multilingual, urban, politicized urbane that were not being depicted in the media. I felt like this is a whole view of the Arab world which was just not coming across. And then when the Arab Spring started, and suddenly, there were my characters.

How is your upcoming book different from your previous one?

It’s different because it’s not about Palestine. It is a novel about living in a compound in a situation where there is a political conflict outside. It’s about how we can turn a blind eye on a crisis that is surrounding us. It’s different in terms of setting, but I think in terms of theme it is similar. It should be hopefully coming out next year, and the title is “Here We Are Now.”

Why does the Jaipur Literature Festival matter to you?

I think among writers there’s no festival you’d rather go to than Jaipur because it’s very international. It attracts the top writers of fiction and nonfiction as well as new writers, so it’s a great sort of hub to meet people. It’s a combination of being high-powered and yet very relaxed and friendly at the same time.

You’ve mentioned before the need to talk to the world outside as a sort of impetus that drives your work. How important do you think it is to talk to writers from different parts of the world?

I’m a great admirer of Ariel Dorfman’s work, and I think there are very few writers who have written in this specific zone of having to engage in politics and writing literature because a lot of people see it as a big tension. The presumption of Western literature is that it’s not political; the presumption of Palestinian literature is that it is political so you have this great tension between the two things. So to meet people who have somehow resolved in their minds the little tests they use is critical in terms of being able to write.

In terms of their take on the Palestinian issue and whether they are going to be sympathetic, you always hope that this is going to be a consequence meeting people or them reading your book, but you can never know what other influences they are exposed to and where they ideas come from. It’s a slow process to get somebody engaged with an issue that does not directly affect their lives. Writers are curious about the world, but most people are fairly incurious about things that don’t directly affect them.

Did you always want to be a writer?

Yes, always wanted to be writer but my dad wouldn’t let me. He said, “You have to have a vocation; you can’t just go and study literature.” I’m one of three girls. My older sister is an architect, my younger sister is a doctor and I’m a lawyer. My dad just sort of decided — “you’re like this kind of character and you’re like this” — and we never really challenged it.

I enjoyed doing law, and I still practice as a lawyer. It gave me a way to work in places to get the material for the book, and that’s what I wanted with it. I felt I didn’t want to just study literature and then come out and work as a writer without ever having done much else. I always wanted to write, but it took me until my 30s to actually start doing it.

(The interview and been lightly edited and condensed.)

Read More..

Yahoo sees revenue climb this year, but long road ahead






(Reuters) – Yahoo Inc forecast a modest uptick in revenue for the current year as it revamps its family of websites but Chief Executive Marissa Mayer warned it would be a long journey to revive the Internet company‘s fortunes.


In Yahoo‘s first financial outlook since Mayer became CEO in July, the company outlined a plan to trigger a “chain reaction of growth” by overhauling a dozen of its online services to increase the amount of time users spent on its websites.






It also pointed to strength in its search advertising business and progress made in improving its internal operations.


Yahoo’s shares were 3 percent higher in after hours trade after the revenue projection was disclosed during an analysts conference call, shedding some ground after earlier rising as much as 4.5 percent.


But weakness in Yahoo’s display ad business, which accounts for roughly 40 percent of the company’s total revenue, caught some analysts by surprise.


“While the road to growth is certain, it will not be immediate,” said Mayer, a former Google Inc executive and Yahoo’s third full-time CEO since September 2011.


Yahoo said that revenue, excluding fees it pays to partner websites, will range between $ 4.5 billion and $ 4.6 billion in 2013, implying an annual growth rate of 0.7 percent to 3 percent.


Finance Chief Ken Goldman also warned investors to expect “an investment phase” in the first half of the year, which he said would impact profit margins.


“What was clear from the call is that this is a long-term turnaround story,” said Macquarie Research analyst Ben Schachter. “We shouldn’t expect anything to just snap back and correct itself.”


During the fourth quarter, Yahoo’s net revenue increased 4 percent year-on-year to $ 1.22 billion, as search advertising sales offset a 10 percent decline in the number of display ads sold on Yahoo’s core properties.


Mayer said the decline was the result of less activity by visitors to its popular websites, such as its Web email service, and to a lesser extent due to users accessing the Web on smartphones, where Yahoo’s ad business is not as strong.


Efforts to revamp its mobile properties, begun last year with a redesign of the photo-sharing service Flickr, remain on track, said Mayer, noting that Yahoo now has 200 million monthly mobile users.


“From a monetization perspective this is still a very nascent source of revenue for us. With any platform shift, revenue always followed users and mobile will be no different,” she said.


Mayer took over after a tumultuous period at Yahoo in which former CEO Scott Thompson resigned after less than 6 months on the job over a controversy about his academic credentials and in which Yahoo co-founder Jerry Yang resigned from the board and cut his ties with the company.


Yahoo’s stock has risen roughly 30 percent since Mayer took the helm, reaching its highest levels since 2008.


Part of the stock’s rise has been driven by significant stock buybacks, using proceeds from a $ 7.6 billion deal to sell half of its 40 percent stake in Chinese Internet company Alibaba Group, said Sameet Sinha, an analyst with B. Riley Caris.


Yahoo said it repurchased $ 1.5 billion worth of shares during the fourth quarter.


The company’s fourth-quarter net income was $ 272.3 million, or 23 cents per share, versus $ 295.6 million, or 24 cents per share in the year-ago period.


Excluding certain items, Yahoo said it had earnings per share of 32 cents, versus the average analyst expectation of 28 cents according to Thomson Reuters I/B/E/S.


For the first quarter, Yahoo said it expects revenue, excluding partner website fees, of $ 1.07 billion to $ 1.1 billion, trailing the $ 1.1 billion that Wall Street analysts expect on average.


Shares of Yahoo were up 59 cents at $ 20.90 in after-hours trading on Monday.


(Reporting by Alexei Oreskovic; Editing by Phil Berlowitz and Edwina Gibbs)


Tech News Headlines – Yahoo! News





Title Post: Yahoo sees revenue climb this year, but long road ahead
Url Post: http://www.news.fluser.com/yahoo-sees-revenue-climb-this-year-but-long-road-ahead/
Link To Post : Yahoo sees revenue climb this year, but long road ahead
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Woods makes short work at Torrey Pines


SAN DIEGO (AP) — Tiger Woods never looked so irritated winning a golf tournament so comfortably.


His record eighth victory at Torrey Pines was all but over when Woods ripped a 5-iron from 244 yards over the corner of a bunker and onto the green at the par-5 13th hole, setting up a two-putt birdie that gave him an eight shot lead in the Farmers Insurance Open.


At least he had plenty of time to savor this victory. The final five holes felt like they took forever.


Woods twirled his club on the tee and leaned on it in the fairway as the final round dragged on. He lost rhythm and appeared to lose interest, and it showed. A bogey from the bunker on the 14th. A tee shot that caromed off a eucalyptus tree on the 15th hole that led to double bogey. A tee shot he popped up on the 17th hole that left him 50 yards behind the other players and led to another bogey.


"It got a little ugly at the end," Woods said. "I started losing patience a little bit with the slow play."


No matter. It only affected the margin, not the outcome. Woods had to settle for an even-par 72 that gave him a four-shot win over defending champion Brandt Snedeker and Josh Teater, who each had a 69.


For a tour that has been criticized for slow play, this wasn't an ideal start to the network portion of its schedule. With Woods virtually a lock to win, CBS Sports wanted the final round to resume Monday later than normal so that it could be televised in late afternoon on the East Coast. Play was so slow that CBS went over its allotted time.


Woods, meanwhile, had the ideal start to his tour season.


Only a week earlier, he missed the cut in Abu Dhabi, in part because of a two-shot penalty assessed after his second round for taking an illegal drop. Woods had never missed the cut on the European Tour, and he had never started his season with the weekend off.


He might have been the only one who didn't panic.


Woods seized control with a 65 on the North Course at Torrey Pines, the spent the rest of the week pulling away from the field until no one could catch him.


"I don't know if anybody would have beaten him this week," said Nick Watney, who got within five shots of Woods when the tournament was still undecided until making three bogeys on his next five holes. "He's definitely on his game."


It's still too early to figure out the state of his game, especially in relation to Rory McIlroy, who also missed the cut in Abu Dhabi.


Torrey Pines is a public course that Woods treats like his private domain. He won the tournament for the seventh time, one short of the PGA Tour record for most wins in a single event. Sam Snead won the Greater Greensboro Open eight times. Woods won for the eighth time at Torrey Pines, including the 2008 U.S. Open, and that's a PGA Tour record that Woods previously shared with ... himself. He also has won seven times at Firestone and Bay Hill.


"I think he wanted to send a message," said Hunter Mahan, who shares a swing coach with Woods. "I think deep down he did. You play some games to try to motivate yourself. There's been so much talk about Rory. Rory is now with Nike. That would be my guess."


And it was his 75th win on the PGA Tour, seven short of the record held by Snead. Woods has won 23 of those tournaments by at least four shots.


"I'm excited the way I played all week," Woods said. "I hit the ball well — pretty much did everything well and built myself a nice little cushion. I had some mistakes at the end, but all my good play before that allowed me to afford those mistakes."


Woods mostly had reason to be excited about his short game.


In the third round Sunday, he was furious with himself for going long on the par-3 eighth green, without much green between his ball and the hole. Woods hit a chip solidly, with just enough loft, to leave himself a tap-in par. In the conclusion of the final round Monday, he pulled his tee shot into a bad spot in the bunker on the par-3 11th. The lie was good, but he had to aim well left, meaning his legs were spread wide on the slope of the sand.


He blasted it out with his 60-degree wedge to a top shelf, and then watched it feed down a slope to the right. It lost pace at the end or it might have gone in.


It looked good for television. It was a difficult shot, but not impossible.


But Woods believes those are the shots he wasn't converting a year ago. And that's one reason his outlook was so bright on the rest of the year, even after having to cope with so much fog along the Pacific bluffs.


He played the par 5s in 12 under for the lead — that alone would have been enough to win — and attributed that to his short game.


"My short game was back to how I know it can be," Woods said. "My shots that I hit, especially out of these nasty little lies, I hit some really good ones this week. And that allowed me to save some pars, make some birdies, and move my way up the board. And basically, that's what I did."


Woods figures his swing change under Sean Foley took root at some point last year, but that he had devoted so much time to the swing that he neglected his wedges. Now that he is practicing more on his short game, he expects better results — turning a 74 into a 70, and not losing leads at the majors, like he did twice last year.


Still, the season is young.


Any measure of Woods likely will have to wait until the road to the Masters gets going during the Florida Swing. Woods headed home to Florida on Monday night and is not expected to return until the Match Play Championship in Arizona a month from now. McIlroy also isn't expected to play until then, and match play being such a fickle format, the better gauge could come in the Honda Classic and at Doral.


Woods, however, likes where he is headed.


Torrey Pines is a good omen for the rest of his year. Whenever he starts a PGA Tour season with a win at Torrey, he tends to have big years — eight wins and two majors in 2006, seven wins and a major in 2007, four wins in only six starts in 2008.


Where will this lead?


"Does it feel good? Yes. Does it give me confidence? Absolutely," Woods said. "But as far as the other stuff, as I said, I'm excited about this year. I'm excited about what I'm doing with Sean and some of the things that I've built. This is a nice way to start the year."


Read More..

Rescuer Appears for New York Downtown Hospital





Manhattan’s only remaining hospital south of 14th Street, New York Downtown, has found a white knight willing to take over its debt and return it to good health, hospital officials said Monday.




NewYork-Presbyterian Hospital, one of New York City’s largest academic medical centers, has proposed to take over New York Downtown in a “certificate of need” filed with the State Health Department. The three-page proposal argues that though New York Downtown is projected to have a significant operating loss in 2013, it is vital to Lower Manhattan, including Wall Street, Chinatown and the Lower East Side, especially since the closing of St. Vincent’s Hospital after it declared bankruptcy in 2010.


The rescue proposal, which would need the Health Department’s approval, comes at a precarious time for hospitals in the city. Long Island College Hospital, just across the river in Cobble Hill, Brooklyn, has been threatened with closing after a failed merger with SUNY Downstate Medical Center, and several other Brooklyn hospitals are considering mergers to stem losses.


New York Downtown has been affiliated with the NewYork-Presbyterian health care system while maintaining separate operations.


“We are looking forward to having them become a sixth campus so the people in that community can continue to have a community hospital that continues to serve them,” Myrna Manners, a spokeswoman for NewYork-Presbyterian, said.


Fred Winters, a spokesman for New York Downtown, declined to comment.


Presbyterian’s proposal emphasized that it would acquire New York Downtown’s debt at no cost to the state, a critical point at a time when the state has shown little interest in bailing out failing hospitals.


The proposal said that if New York Downtown were to close, it would leave more than 300,000 residents of Lower Manhattan, including the financial district, Greenwich Village, SoHo, the Lower East Side and Chinatown, without a community hospital. In addition, it said, 750,000 people work and visit in the area every day, a number that is expected to grow with the construction of 1 World Trade Center and related buildings.


The proposal argues that New York Downtown is essential partly because of its long history of responding to disasters in the city. One of its predecessors was founded as a direct result of the 1920 terrorist bombing outside the J. P. Morgan Building, and the hospital has responded to the 1975 bombing of Fraunces Tavern, the 1993 and 2001 attacks on the World Trade Center, and, this month, the crash of a commuter ferry from New Jersey.


Like other fragile hospitals in the city, New York Downtown has shrunk, going to 180 beds, down from the 254 beds it was certified for in 2006, partly because the more affluent residents of Lower Manhattan often go to bigger hospitals for elective care.


The proposal says that half of the emergency department patients at New York Downtown either are on Medicaid, the program for the poor, or are uninsured.


NewYork-Presbyterian would absorb the cost of the hospital’s maternity and neonatal intensive care units, which have been expanding because of demand, but have been operating at a deficit of more than $1 million a year, the proposal said.


Read More..

DealBook Column: Mary Jo White, Nominee for S.E.C.'s 'New Sherrif,' Has Worn Banks' Hat

“You don’t want to mess with Mary Jo.”

That’s what President Obama said about his pick to run the Securities and Exchange Commission, Mary Jo White. The nomination of Ms. White, a former prosecutor who took on the terrorists behind the bombing of the World Trade Center in 1993 and the Mafia boss John Gotti, was meant to signal that the S.E.C. would be getting tough on Wall Street. CBS called her “Wall Street’s new sheriff.” The Wall Street Journal said she would be “putting a tougher face on an agency still tainted by embarrassing enforcement missteps in the run-up to the financial crisis.” The New York Times said her appointment represented a “renewed resolve to hold Wall Street accountable.”

Hold on.

While Ms. White is a decorated prosecutor, she has spent the last decade vigorously defending — and billing by the hour — Wall Street’s biggest banks, as a rainmaking partner at the white-shoe law firm Debevoise & Plimpton. The average partner at the firm was paid $2.1 million a year, according to American Lawyer; but she was no average partner, very likely being paid at least double that. Her husband, John W. White, is a corporate partner at Cravath, Swaine & Moore. He counts JPMorgan Chase, Credit Suisse and UBS as clients. The average partner at Cravath makes $3.1 million. He, too, was a former official at the S.E.C. — he left Cravath to run the corporate division of the S.E.C. starting in 2006 just in time for the run-up to the financial crisis. He left in November 2008, a month after the bank bailouts, to return to Cravath.

It seems Mr. and Ms. White have made a fine art of the revolving door between government and private practice.

So how conflicted is Ms. White? Let’s count the ways.

They are well documented: she was JPMorgan Chase’s go-to lawyer for many of the cases brought against it relating to the financial crisis. She was arm-in-arm with Kenneth D. Lewis, Bank of America’s former chief executive, keeping him out of trouble when the New York attorney general accused Mr. Lewis of defrauding investors by not disclosing the losses at Merrill Lynch before completing Bank of America’s acquisition of the firm. (And empirically, Mr. Lewis did keep crucial information about the deal from investors.)

This is what she had to say about Mr. Lewis, in a court filing submitted on his behalf: “Some have looked to assign blame for every aspect of the financial crisis, even where there is no evidence of misconduct. This case is a product of that dynamic and does not withstand either legal or factual scrutiny.” It was a refrain she often made about her clients related to the financial crisis.

And then there was Senator Bill Frist, the Republican from Tennessee, whom she successfully represented when the S.E.C. and the Justice Department started an investigation into whether he was involved in insider trading in shares of HCA, the hospital chain. She persuaded them to shut down the investigation.

She also worked with Siemens, the German industrial giant, when it pleaded guilty to charges of bribery, paying a record $1.6 billion penalty.

And then, of course, there was John Mack. She worked for the board of Morgan Stanley during a now well-publicized 2005 investigation into insider trading that ended soon after she made a phone call to the S.E.C. Using her connections at the top of the agency, she dialed up Linda Thomsen, then the commission’s head of enforcement, to find out whether Mr. Mack, who was being considered for Morgan Stanley’s chief executive position, was being implicated. He ultimately wasn’t. As the Huffington Post pointed out in a recent article about Ms. White, Robert Hanson, an S.E.C. supervisor, later testified, “It is a little out of the ordinary for Mary Jo White to contact Linda Thomsen directly, but that White is very prestigious and it isn’t uncommon for someone prominent to have someone intervene on their behalf.”

All of Ms. White’s previous engagements create not only an “optics” problem, but a practical, on-the-job problem. She will most likely need to recuse herself from just about anything related to her previous work.

“I will not for a period of two years from the date of my appointment participate in any particular matter involving specific parties that is directly and substantially related to my former employer or former clients, including regulations and contracts,” is the language in an ethics pledge that she will have to agree to follow.

Some appointees, including Mary L. Schapiro, the former chairwoman of the S.E.C., recused themselves from any involvement in work that was related to a previous employer even after the two-year moratorium. Gary Gensler, the chairman of the Commodity Futures Trading Commission, recused himself from the investigation into MF Global because of his previous employment at Goldman Sachs, where Jon Corzine was the firm’s head, even though it had been years since the two had worked together.

And then there is the issue of Mr. White’s husband, who will have a continuing role at Cravath, one of the most pre-eminent firms in the country, whose clients include some of the nation’s largest corporations.

“This president has adopted the toughest ethics rules of any administration in history,” said Amy Brundage, a White House spokeswoman, “and this nominee is no exception. As S.E.C. chair, Mary Jo White will be in complete compliance with all ethics rules.”

None of these conflicts gets at another potential problem for Ms. White. The job of chairwoman of S.E.C. isn’t simply about enforcement; she has a deputy for that. The biggest challenge anyone who takes the job will have to confront over the next several years will be executing and enforcing provisions of Dodd-Frank and working to regulate electronic trading — something that even the most sophisticated financial professionals, let alone a lawyer, often have a tough time understanding. She has zero experience in this area.

Of course, there can always be a value to inviting a onetime rival onto the team.

“I believe she is one of those people who will understand that her public role will be very, very different than her role as a defense lawyer,” Dennis M. Kelleher of Better Markets, a watchdog group, told me. “I don’t think she’s going to be like so many others who don’t get that they have a very different role when they hold high public office.

“No question, she’s said some things that are controversial and questionable,” Mr. Kelleher said. “Moreover, I hope and expect that she will be asked publicly about them in the confirmation process and that she will have convincing answers.”

Of course, if she is confirmed, we must all hope that she can put her previous client relationships behind her and work for her new client — us.

Read More..

IHT Rendezvous: Europe's Big Bet on EVs and Hybrids

If you build it, they will come.

That’s the bet behind an ambitious plan to boost the number of electric vehicles and hybrids plying European roads by making electric charging stations nearly as common as gas stations.

The European Union wants to build a half million charging stations by 2020.

”We can finally stop the chicken and the egg discussion on whether infrastructure needs to be there before the large scale roll out of electric vehicles. With our proposed binding targets for charging points using a common plug, electric vehicles are set to hit the road in Europe,” the European commissioner for climate action Connie Hedegaard told the press on Thursday.

While electric vehicle charging stations are clearly the most ambitious part of the plan, the eight-billion-euro “Clean Power for Transport Package” also includes standards for developing hydrogen, biofuel and other natural gas networks.

“Developing innovative and alternative fuels is an obvious way to make Europe’s economy more resource efficient, to reduce our overdependence on oil and develop a transport industry which is ready to respond to the demands of the 21st century,” said European Commission Vice President Siim Kallas.

Four of the European countries with the most ambitious plug-in technology programs — Germany, France, Spain and Britain — have individual national plans that aim to have more than seven million electric cars on their roads by 2020. (Earlier this month Rendezvous reported on a market study that predicted that “natural growth” would mean there will be 7.8 million plug-in cars on the road globally by 2020).

Currently, plug-in vehicles make up a fraction of Europe’s estimated 250 million cars. In 2011, for example, only 1,858 pure electric vehicles were bought in Germany, 1,796 in France, 1,547 in Norway and 1,170 in Britain, according to E.U. figures. However, according to the European Automobile Manufacturers’ Association, electric vehicles and plug-in hybrids could make up as much as 2 – 8 percent of the total by 2025.

But a lot needs to happen in the next seven years.

For example, Germany had less than 2,000 publicly accessible electric charging stations in 2011, according to E.U. figures. By the end of the decade, the country would have to install another 148,000 public points to reach its target. By way of comparison, the whole country only has roughly 14,300 gas stations (most of which, of course, have multiple pumps).

In the United States, the global leader in the adoption of plug-in technology, there are currently about 5,300 publicly available charging stations, according to a government database.

Even E.U. member states that have virtually no public charging points available will open up to the network. For example, by 2020, the island state of Malta will have 1,000 charging points, according to the plan.

The plan would not only ensure Continental coverage for plug-in vehicles, it would introduce the “Type 2” plug as the standard system in Europe.

Currently, competing systems dominate in neighboring member states. Such infrastructure incompatibility makes it difficult to drive an electric car from Paris to Berlin, relying on public charging points.

But not everyone agrees with Ms. Hedegaard that providing recharging stations is the best way to bring electric vehicles to European roads.

“My basic concern is that the main barrier to electric vehicles isn’t recharging points, it’s the vehicle price. While having more public charging points will certainly help, it’s not in itself going to reduce the vehicle cost,” said Ben Lane, of sustainable transport solutions, a U.K.-based electric vehicle consultancy that also runs the Next Green Car Web site.

Noting that a vast majority of electric car or plug-in hybrid drivers avail themselves of private charging points, either at home or at work, Mr. Lane suggested that the funds would be more effectively spent by subsidizing the high cost of purchasing electric cars.

“Registration incentives for electric vehicles, such as currently operate in France, is one of the most effective ways to shift the market from conventional to electric drive trains,” he said in a telephone interview.

Read More..