Breaking Internet News

Yahoo buys blogging platform Tumblr for $1.1 bn cash

NEW YORK - Yahoo promised "not to screw it up" as it formally announced its acquisition of the popular Tumblr blogging platform for $1.1bn in cash, giving the company a much-needed base in social media to reach a younger generation of users. The relaxed wording of the memo for one of the internet giant's biggest acquisitions was echoed in the memo sent by David Karp, Tumblr's 26-year-old ...
Social network addiction taking over lives Australian study

The 2013 Yellow Social Media Report has analyzed that a growing number of Australians are using social network at an addictive rate wherever they can, even in toilet cubicles! According to the study, three out of every five internet users are accessing these sites more than five times a day, making it a total of seven hours a day. In a report by News.com, the study found that the time spent by ...
Facebook booked over group exhorting cow slaughter

An FIR was Monday registered here against social networking site Facebook on a complaint that claimed a group on the site exhorts people to slaughter cows, police said. The site was booked under penal provisions and under the Information Technology (IT) Act, 2000, on the complaint filed by senior police officer Amitabh Thakur. In his complaint filed at Gomtinagar police station, Thakur alleged ...
Simple tips to secure your Facebook account on mobiles

Mobile has made access to Facebook much easier, but the social networking site has also become susceptible to attempted hijackings and attempted thefts on cell phones. Here are a few ways to make sure that the most popular site is safe from being hacked. According to ABC News, one of the ways to safeguard your Facebook account is to always logout after using it on your mobile and use ...
China corruption exposed online

The Internet is the new tool in the fight against corruption - a cornerstone policy of new president Xi Jinping, who has pledged to tackle the problem head-on. But while acknowledging that China's online world is helpful, authorities have also moved quickly to quash rumours that might fan protests that could escalate out of control, deleting microblog posts or even entire accounts. The ...

Movie Review

Ugetsu [DVD]

Although largely unknown in the Western world until the final years of his long career, Kenji Mizoguchi is nevertheless one of the great masters of Japanese cinema, a pioneering auteur whose humanist vision, rigid formalism, and tenacious attention to detail garnered the admiration of numerous ci ... ...

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Social medias big impact

Every business owner seems to be at a different point in his journey with social media. If you've already laid a basic foundation for your business, such as creating a Facebook business page or LinkedIn profile, then you might be wondering about specific strategies for turning your efforts into revenue. Your next step depends on what kind of business you're ...
Horrifying New Trend Posting Rapes to Facebook

Apple iPhone displays the Facebook app's splash screen in Washington. A year after a nightmarish share offering, Facebook still has its ardent backers and ...
Social media policy on CAs radar

Cricket Australia should consider introducing a social media policy for its players in the wake of David Warner's outburst on Twitter, chief executive James Sutherland said on Tuesday.Warner is expected to plead guilty at Wednesday's hearing after being charged with breaking CA's code of conduct over his tirade aimed at two journalists early Sunday morning."It (social media ...
Tweet Your Way Into Trouble Social Media Dilemma

Gulf News recently carried a roundup of recent cases of bloggers and tweeters in trouble around the Gulf and it’s an extensive and growing list. Flagged as being ‘with inputs from AFP’, 60% of the story is ...
CA might look at social media policy

Chief executive James Sutherland says Cricket Australia might need to look at developing a social media policy in light of the David Warner ...

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On the record

Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.

David Beckham

The world's best known footballer was speaking after formally announcing his retirement.

Hotel Review

London Marriott Park Lane

Having taken the Heathrow Express to Paddinton station (a 15 minute ride, with trains running every 15 minutes), I then ...

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Featured Story

High public debt raises fiscal crisis risk: IMF official

An official of the International Monetary Fund (IMF) warned here that high public debt would raise the possibility of fiscal crisis.

"We tend to underestimate the cost of fiscal crises before they occur," Carlo Cottarelli, director of IMF's Fiscal Affairs Department, said Monday during a luncheon speech hosted by the Washington-based think tank Peterson Institute for International Economics (PIIE).

He said the ratio of public debt to gross domestic product (GDP) has surpassed 90 percent in some advanced economies, and high debt would hamper economic growth, reported

Xinhua.

He urged countries to adopt appropriate fiscal adjustment steps in line with their fiscal scenarios. A country's fiscal strategy should also be supported by relaxed monetary conditions and structural reforms in a bid to boost economic growth, he said.

For countries that are not subject to market pressure, fiscal adjustment should proceed at a moderate pace within a medium-term adjustment plan. Countries under market pressure should proceed with fiscal adjustment more rapidly, Cottarelli added.