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| Merrill Lynch to pay $160 million to settle racial bias lawsuit: NYT Tuesday, Aug 27, 2013 09:04 PM PDT  (Reuters) - Bank of America Corp's Merrill Lynch unit agreed to pay $160 million to settle a racial bias lawsuit that went through two appeals at the United States Supreme Court, the New York Times reported, citing the plaintiff's lawyer. Longtime Merrill broker George McReynolds filed the lawsuit in 2005 accusing the brokerage of steering blacks into clerical positions and diverting lucrative accounts to white brokers, resulting in lower pay and fewer career growth opportunities. ... Full Story | Top |
| Asian shares hit 7-week low, oil at 6-month peak on Syria worries Tuesday, Aug 27, 2013 08:03 PM PDT  By Dominic Lau TOKYO (Reuters) - Jitters over a possible U.S.-led military strike against the Syrian government knocked Asian equities to a seven-week low on Wednesday and pushed oil prices and safe-haven gold to multi-month highs. An acute 'risk-off' mode also boosted the appeal of the Japanese yen, which held near a one-week high against the dollar and euro after having posted its biggest rally in more than two months. Washington and its allies were gearing up for a probable military action against President Bashar al-Assad's forces, which were blamed for last week's chemical weapons ... Full Story | Top |
| New York Times, Twitter hacked by Syrian group Tuesday, Aug 27, 2013 08:01 PM PDT  By Gerry Shih and Joseph Menn SAN FRANCISCO (Reuters) - Media companies including the New York Times, Twitter and the Huffington Post lost control of some of their websites Tuesday after hackers supporting the Syrian government breached the Australian Internet company that manages many major site addresses. The Syrian Electronic Army, a hacker group that has previously attacked media organizations that it considers hostile to the regime of Syrian president Bashar al-Assad, claimed credit for the Twitter and Huffington Post hacks in a series of Twitter messages. ... Full Story | Top |
| Disney gets greenlight for major TV, film studio near Santa Clarita Tuesday, Aug 27, 2013 06:33 PM PDT By Todd Cunningham LOS ANGELES (TheWrap.com) - The Los Angeles County Board of Supervisors has given Disney the green light to build a massive TV and film production facility near Santa Clarita. The 58-acre facility will be constructed on the sprawling Golden Oak Ranch, which has served for decades as the backdrop for Disney films including "Old Yeller" and "Pirates of the Caribbean: At World's End," and TV shows including "The Mickey Mouse Club" and "Little House on the Prairie. ... Full Story | Top |
| Melbourne IT says reseller credentials used in hacking of NYT, other media Tuesday, Aug 27, 2013 06:31 PM PDT  SAN FRANCISCO (Reuters) - MelbourneIT, an Australian Internet service provider that sells and manages domain names including Twitter.com and NYTimes, said on Tuesday the credentials of a reseller had been used improperly to change domain settings and hack into sites including the NYTimes.com. Officials at The New York Times identified MelbourneIT as its domain name registrar and the primary victim of hacking by supporters of the Syrian government and warned its employees to stop sending sensitive e-mails from their corporate accounts. ... Full Story | Top |
| Sally Quinn slams former WaPo's Howard Kurtz: 'He is an old geezer' Tuesday, Aug 27, 2013 06:28 PM PDT By Sara Morrison LOS ANGELES (TheWrap.com) - Howard Kurtz's bizarre obsession with female nudity has drawn the ire of writers at his former newspaper stomping grounds. Sally Quinn, wife of famed WaPo editor Ben Bradlee, said his blog post about her daughter-in-law, Pari Bradlee's, Facebook profile photos was appalling and hurtful. "I thought Howard was a decent guy, I thought he was my friend and I'm appalled and really heartbroken that he would do something like this," Quinn, a columnist for the paper, told MediaMatters. ... Full Story | Top |
| Is Fox News' Howard Kurtz obsessed with naked women? Tuesday, Aug 27, 2013 06:23 PM PDT By Sara Morrison LOS ANGELES (TheWrap.com) - Howard Kurtz gave readers a preview of what to expect on his upcoming Fox News show "MediaBuzz" with a pair of posts about scantily-clad women on Tuesday. First, Kurtz posted about Miley Cyrus' VMA performance and how it was being over-covered by the media. "What she did at the VMAs was terrible, horrible, gross and downright nauseating, the pundits say," Kurtz wrote. "And hey, let's look at it again. Let's roll the tape, let's post the video, so you can see for yourself just how terrible, horrible, gross and nauseating she was on MTV. ... Full Story | Top |
| Fonterra says milk powder held up for tests in Bangladesh Tuesday, Aug 27, 2013 06:22 PM PDT  WELLINGTON/DHAKA (Reuters) - New Zealand's Fonterra said on Wednesday some of its milk powder products had been held up for chemical testing in Bangladesh, the latest country to stop the company's products at its borders after a food safety scare earlier this month. The statement confirms information from a Bangladesh government official who said on Tuesday that customs authorities had restricted the import of more than 600 tonnes (544.31 metric tons) of powdered milk mainly from the world's largest dairy exporter. ... Full Story | Top |
| Al Jazeera America responds to initial low ratings: Demand is strong for the network Tuesday, Aug 27, 2013 06:10 PM PDT  By Sara Morrison LOS ANGELES (TheWrap.com) - Al Jazeera America isn't worried about the low ratings it garnered during its first week on the air. Though the Nielsen numbers are low (too low to accurately report, in some cases), the cable channel told TheWrap that the results are "consistent with Al Jazeera America's growth-oriented strategy, including beginning our marketing campaign at launch" and all indications say the audience will build. In other words, there's nowhere to go but up. ... Full Story | Top |
| Obama meets new five-member panel reviewing surveillance programs Tuesday, Aug 27, 2013 05:53 PM PDT  By Roberta Rampton WASHINGTON (Reuters) - President Barack Obama met on Tuesday with a five-member panel he appointed to review the privacy issues involved with U.S. government surveillance programs, the White House said, part of an effort to rebuild public trust after leaks by a former spy agency contractor. Obama has faced criticism since Edward Snowden, a contractor for the National Security Agency, exposed classified information about U.S. surveillance of telephone calls and emails to journalists, raising concerns about privacy and civil liberties. ... Full Story | Top |
| Mormon-focused publisher under fire for dropping gay author Tuesday, Aug 27, 2013 04:46 PM PDT By Jonathan Kaminsky (Reuters) - A Utah book publisher has drawn criticism for shelving a young-adult novel after its coauthor demanded his gay partner be mentioned in a flap-jacket biography. Writer Michael Jensen said the company, Cedar Fort Publishing, which focuses on books for the Mormon market, told him that including mention of his boyfriend in the book would risk upsetting bookstores it does business with. ... Full Story | Top |
| Chinese anxious for movie-ratings system, complain local films 'too conservative' Tuesday, Aug 27, 2013 04:17 PM PDT By Todd Cunnningham and Brent Lang LOS ANGELES (TheWrap.com) - Chinese moviegoers are anxious for a ratings system, according to a new survey that also shows growing frustration with ticket prices and China-made films that are "too conservative" and feature cheesy special effects. Though China currently has no film ratings system, more than 90 percent of moviegoers would support or accept one, according to a survey of more than 6,000 Chinese moviegoers conducted by Beijing-based data firm EntGroup. Just 2.6 percent were opposed. ... Full Story | Top |
| Disney will release Hayao Mayazaki's 'The Wind Rises' in U.S Tuesday, Aug 27, 2013 04:14 PM PDT By Todd Cunningham LOS ANGELES (TheWrap.com) - Disney will release Japanese animation master Hayao Miyazaki's next movie, "The Wind Rises," in North America, the studio said Tuesday. There is no opening date set for the film, which will be released under the Touchstone Pictures banner. It a fictionalized account of the life of Jiro Horikoshi, the man who designed Japanese fighter planes during World War II. ... Full Story | Top |
| U.S. security agencies say Android mobile main target for malware Tuesday, Aug 27, 2013 04:07 PM PDT  SAN FRANCISCO (Reuters) - Google Inc's Android, the dominant mobile operating system, is by far the primary target for malware attacks, mostly because many users are still using older versions of the software, according to a study by the Department of Homeland Security and the Federal Bureau of Investigation. Android was a target for 79 percent of all malware threats to mobile operating systems in 2012 with text messages representing about half of the malicious applications, according to the study from the government agencies, which was published by Public Intelligence website. ... Full Story | Top |
| NY Times: It's Chelsea Manning from now on Tuesday, Aug 27, 2013 03:57 PM PDT  By Tim Molloy NEW YORK (TheWrap.com) - The New York Times has agreed to call Chelsea Manning what she wants to be called, and to refer to her by the female pronoun "she." A day after Pfc. Bradley Manning was sentenced last week for leaking intelligence records, she said in a statement to NBC's "Today" that she identifies as a woman and wants to be addressed accordingly. But the Times, Associated Press, and Reuters, among other outlets, continued to use the male pronoun in their stories. (TheWrap used the female pronoun as requested. ... Full Story | Top |
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