My blogZX

ponedjeljak, 30.03.2009.

'Harry Potter' in online piracy row

LONDON: "Harry Potter" author J K Rowling is fighting to have her wizard novels
removed from a website after they were put online without her
permission.
Rowling's legal team are battling to get the digital versions of her bestselling books taken down from California site Scribd.com, which claims to be the most popular literary site worldwide, discloses a report.
The author's lawyer, Neil Blair, said that the website did not have permission to publish the novels online which "are infringing listings which we were aware of and actioning."

Other works, including works by Nick Hornby and John Grisham, are also freely available on the site.
A spokesperson for the website says it operates a "notice and takedown system" where it will remove books if publishers demand the action.

- 23:46 - Komentari (2) - Isprintaj - #

Indian financial system bankable, says RBI panel

MUMBAI: The Indian banking system can easily weather a doubling of bad loans or a
sudden spike in interest rates that can send bond yields
soaring, a stress test of the
system by a panel of top RBI and finance ministry officials reveals, highlighting the relative strength of banks in this country amid the turmoil in the global financial sector.
The high-level committee on financial sector assessment headed by RBI deputy governor Rakesh Mohan also forecast economic growth of 8% in the medium term, as it concluded that India’s banking sector was an oasis of stability in a global financial sector strewn with effigies of once-mighty international banking names.

The panel also suggested that the regulation of housing finance companies be transferred to RBI whose permission should be sought before any change in strategic shareholding.
The panel, which explored varying so-called "stress test" scenarios, said most Indian banks had raised enough capital and could easily cope with a steep jump in bad loans. If bad loans rise by 150% — in its worst case scenario — the panel concluded that the overall capital adequacy position of Indian banks falls to 10.6% in September ’08 as against 11% in March ’08.

- 23:43 - Komentari (0) - Isprintaj - #

US reporters face N Korea trial

Two US reporters held in North Korea earlier this month will be tried for illegal entry and "hostile acts", the country's state-run news agency says.
The Korean Central News Agency (KCNA) said preparations were under way for indictments and a trial.
Euna Lee and Laura Ling were detained on 17 March on North Korea's border with China.
The move comes amid growing tension in the region ahead of North Korea's controversial satellite launch.
The North says the launch is part of its communications programme, but the US fears this is a cover for testing long-range missile technology.
Confusion
"The illegal entry of US reporters into the DPRK (Democratic People's Republic of Korea) and their suspected hostile acts have been confirmed by evidence and their statements," the KCNA said.
It said "a competent organ... is carrying on its investigation and, at the same time, making a preparation for indicting them at a trial on the basis of the already confirmed suspicions".
Euna Lee, a Korean-American, and Laura Ling, a Chinese-American, work for Current TV in California.
There is still some confusion as to exactly where the reporters were arrested.

South Korean television station YTN and unnamed diplomatic sources said that North Korean guards crossed the Tumen river into Chinese territory to arrest the journalists.
Pyongyang says the reporters crossed its border illegally.

- 23:41 - Komentari (0) - Isprintaj - #

Some banks need big aid: Geithner

WASHINGTON: US Treasury Secretary Timothy Geithner said some financial
institutions will need substantial aid, while warning against any
attempt to tax
investors who join a federal program to buy tainted assets from banks.
“Some banks are going to need some large amounts of assistance,” Geithner said on the ABC News program This Week. The terms of a $500 billion public-private program to aid banks “cannot change” for investors or they’ll lose confidence in the plan, he said on NBC’s Meet the Press.

The Obama administration is pursuing the most costly rescue of the US financial system in history while facing taxpayer concerns the aid is bailing out Wall Street firms that took excessive risks. After allocating about 80% of $700 billion in aid approved by Congress, administration officials want to keep open the option of seeking more.
Geithner said the Treasury has about $135 billion left in a financial-stability fund while declining to say whether he will request additional money. “If we get to that point, we’ll go to the Congress and make the strongest case possible and help them understand why this will be cheaper over the long run to move aggressively,” he told ABC News.

- 23:33 - Komentari (0) - Isprintaj - #

Ex-AOL boss to guide News Corp digital: Source

LOS ANGELES: Jonathan Miller, a former chief executive of AOL and once considered
a potential CEO at Yahoo Inc., will soon be appointed head
of digital strategy for News
Corp., according to a person familiar with the matter.
Miller, 51, was eyed last year as a replacement for Yahoo CEO Jerry Yang, before Time Warner Inc.'s AOL invoked a noncompete clause that blocked the move.
Miller will be based in New York and drive News Corp.'s digital strategy across assets such as the MySpace social network, The Wall Street Journal, Fox networks, the 20th Century Fox movie studio, and the Hulu video site, which News Corp. co-owns with General Electric Co.'s NBC Universal and Providence Equity Partners.
An announcement is expected this week. The person knowledgeable about Miller's impending hiring spoke Monday on condition of anonymity, confirming earlier reports about Miller, because the deal had not been completed. Miller did not return a call seeking comment.
Miller will likely start before the end of June, which marks the departure of News Corp. President Peter Chernin, the No. 2 behind billionaire chief executive Rupert Murdoch, the company's controlling shareholder.

Miller is to report directly to Murdoch. Peter Levinsohn, president of Fox Interactive Media, which houses MySpace, is expected to move over to the TV and movie studio side.
Miller was instrumental in transforming AOL into a company dependent on advertising, a field that all media conglomerates are trying to master online with mixed results.
In his four-plus years as chairman and chief executive of AOL, Miller made key acquisitions, including Advertising.com for $435 million in 2004, and a crucial decision to shed AOL's roots in dial-up Internet access and give away content once reserved for paying subscribers.

- 23:24 - Komentari (0) - Isprintaj - #

<< Arhiva >>

Ovaj blog je ustupljen pod Creative Commons licencom Imenovanje-Dijeli pod istim uvjetima.

Opis bloga

Linkovi