“The Voice” finale taps Rihanna, Kelly Clarkson, Bruno Mars and the Killers






LOS ANGELES (TheWrap.com) – The season finale of “The Voice” has enlisted some high-profile talent to help send the show’s third cycle off with a bang.


Rihanna, Kelly Clarkson, Bruno Mars and The Killers have been tapped to perform on the two-hour extravaganza, which will culminate with the crowning of a new champion, NBC said Wednesday.






An additional special guest will be named at a later date, the network added.


Rihanna will perform her song “Diamonds,” while “American Idol” alum Clarkson – who has served as a guest mentor on the show, as well as hosting the rival singing competition “Duets” – is set to sing “Catch My Breath.”


The Killers, meanwhile, will play their single “Runaways,” and Mars will debut the song “When I Was Your Man” from his sophomore album “Unorthodox Jukebox,” which was released Tuesday.


The season finale of “The Voice” will air live on December 18 at 8 p.m.


Music News Headlines – Yahoo! News


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Another Look at a Drink Ingredient, Brominated Vegetable Oil


James Edward Bates for The New York Times


Sarah Kavanagh, 15, of Hattiesburg, Miss., started an online petition asking PepsiCo to change Gatorade’s formula.







Sarah Kavanagh and her little brother were looking forward to the bottles of Gatorade they had put in the refrigerator after playing outdoors one hot, humid afternoon last month in Hattiesburg, Miss.




But before she took a sip, Sarah, a dedicated vegetarian, did what she often does and checked the label to make sure no animal products were in the drink. One ingredient, brominated vegetable oil, caught her eye.


“I knew it probably wasn’t from an animal because it had vegetable in the name, but I still wanted to know what it was, so I Googled it,” Ms. Kavanagh said. “A page popped up with a long list of possible side effects, including neurological disorders and altered thyroid hormones. I didn’t expect that.”


She threw the product away and started a petition on Change.org, a nonprofit Web site, that has almost 200,000 signatures. Ms. Kavanagh, 15, hopes her campaign will persuade PepsiCo, Gatorade’s maker, to consider changing the drink’s formulation.


Jeff Dahncke, a spokesman for PepsiCo, noted that brominated vegetable oil had been deemed safe for consumption by federal regulators. “As standard practice, we constantly evaluate our formulas and ingredients to ensure they comply with federal regulations and meet the high quality standards our consumers and athletes expect — from functionality to great taste,” he said in an e-mail.


In fact, about 10 percent of drinks sold in the United States contain brominated vegetable oil, including Mountain Dew, also made by PepsiCo; Powerade, Fanta Orange and Fresca from Coca-Cola; and Squirt and Sunkist Peach Soda, made by the Dr Pepper Snapple Group.


The ingredient is added often to citrus drinks to help keep the fruit flavoring evenly distributed; without it, the flavoring would separate.


Use of the substance in the United States has been debated for more than three decades, so Ms. Kavanagh’s campaign most likely is quixotic. But the European Union has long banned the substance from foods, requiring use of other ingredients. Japan recently moved to do the same.


“B.V.O. is banned other places in the world, so these companies already have a replacement for it,” Ms. Kavanagh said. “I don’t see why they don’t just make the switch.” To that, companies say the switch would be too costly.


The renewed debate, which has brought attention to the arcane world of additive regulation, comes as consumers show increasing interest in food ingredients and have new tools to learn about them. Walmart’s app, for instance, allows access to lists of ingredients in foods in its stores.


Brominated vegetable oil contains bromine, the element found in brominated flame retardants, used in things like upholstered furniture and children’s products. Research has found brominate flame retardants building up in the body and breast milk, and animal and some human studies have linked them to neurological impairment, reduced fertility, changes in thyroid hormones and puberty at an earlier age.


Limited studies of the effects of brominated vegetable oil in animals and in humans found buildups of bromine in fatty tissues. Rats that ingested large quantities of the substance in their diets developed heart lesions.


Its use in foods dates to the 1930s, well before Congress amended the Food, Drug and Cosmetic Act to add regulation of new food additives to the responsibilities of the Food and Drug Administration. But Congress exempted two groups of additives, those already sanctioned by the F.D.A. or the Department of Agriculture, or those experts deemed “generally recognized as safe.”


The second exemption created what Tom Neltner, director of the Pew Charitable Trusts’ food additives project, a three-year investigation into how food additives are regulated, calls “the loophole that swallowed the law.” A company can create a new additive, publish safety data about it on its Web site and pay a law firm or consulting firm to vet it to establish it as “generally recognized as safe” — without ever notifying the F.D.A., Mr. Neltner said.


About 10,000 chemicals are allowed to be added to foods, about 3,000 of which have never been reviewed for safety by the F.D.A., according to Pew’s research. Of those, about 1,000 never come before the F.D.A. unless someone has a problem with them; they are declared safe by a company and its handpicked advisers.


“I worked on the industrial and consumer products side of things in the past, and if you take a new chemical and put it into, say, a tennis racket, you have to notify the E.P.A. before you put it in,” Mr. Neltner said, referring to the Environmental Protection Agency. “But if you put it into food and can document it as recognized as safe by someone expert, you don’t have to tell the F.D.A.”


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Talks on Telecommunications Treaty Falter



DUBAI — Once-in-a-generation talks on a global telecommunications treaty were perched on the verge of collapse Thursday, with delegates seemingly unable to break an impasse over the most sensitive issue: whether to include the Internet in the document.


The United States was poised to withdraw support for the negotiations, being carried out under the auspices of a U.N. agency called the International Telecommunications Union, according to two people briefed on the situation who insisted on anonymity because of the delicacy of the talks. Several countries in Europe and elsewhere were expected to join the United States. A spokesman for the U.S. delegation declined to comment.


The United States insists that the Internet should not be included in the treaty, which deals with technical matters like connecting international telephone calls, because that could lead to curbs on free speech. A bloc of other countries, led by Russia, China and the host nation, the United Arab Emirates, has argued that the Internet should be mentioned in the treaty because Internet traffic travels through telecommunications networks.


The goal of the talks was to revise a document that was last updated in 1988, when the Internet was in its early stages. With more than 190 nations represented, agreement was never going to be easy, but the telecommunications union had insisted that it would operate by consensus when possible.


The U.S. delegation was apparently angered by developments in the wee hours Wednesday, when Russia and its allies succeeded in winning approval, by a mere show of hands, for a resolution that the United States and its supporters had interpreted as calling for the telecommunications union to gain important regulatory powers over the Internet.


Currently, the Internet is governed by a loose grouping of mostly private-sector organizations, rather than by governments. But at least one of these organizations, the Internet Corporation for Assigned Names and Numbers, operates under a contract from the U.S. government.


A resolution is not officially part of the treaty wording, and Russia and its allies had previously attempted to include a similar clause in the draft of the treaty. But under a compromise, it agreed this week to withdraw that proposal and settle for a resolution instead. Even that, however, does not appear to have been satisfactory to the United States and its supporters.


Delegations have also been divided over issues like cybersecurity and proposals that telecommunications companies should receive payment for carrying Internet traffic.


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Ravi Shankar, sitar master, dies at 92









Ravi Shankar was already revered as a master of the sitar in 1966 when he met George Harrison, the Beatle who became his most famous disciple and gave the Indian musician-composer unexpected pop-culture cachet.


Suddenly the classically trained Shankar was a darling of the hippie movement, gaining widespread attention through memorable performances at the Monterey Pop Festival, Woodstock and the 1971 Concert for Bangladesh.


Harrison called him "the godfather of world music," and the great violinist Yehudi Menuhin once compared the sitarist's genius to Mozart's. Shankar continued to give virtuoso performances into his 90s, including one in 2011 at Walt Disney Concert Hall.





PHOTOS: Ravi Shankar | 1920 - 2010


Shankar, 92, who introduced Indian music to much of the Western world, died Tuesday at a hospital near his home in Encinitas. Stuart Wolferman, a publicist for his record label Unfinished Side Productions, said Shankar had undergone heart valve replacement surgery last week.


Well-established in the classical music of his native India since the 1940s, he remained a vital figure on the global music stage for six decades. Shankar is the father of pop music star Norah Jones and Anoushka Shankar, his protege and a sitar star in her own right.


Before the 1950s, Indian classical music — with its improvised melodic excursions and complex percussion rhythms — was virtually unknown in America. If Shankar had done nothing more than compose the movie scores for Indian filmmaker Satyajit Ray's "Apu" trilogy in the 1950s, he "would be remembered and revered," Times music critic Mark Swed wrote last fall.


PHOTOS: Notable deaths of 2012


Shankar was on a path to international stardom during the 1950s, playing the sitar in the Soviet Union and debuting as a soloist in Western Europe and the United States. Two early albums also had considerable impact, "Three Classical Ragas" and "India's Master Musician."


During his musical emergence in the West, his first important association was with violinist Menuhin, whose passion for Indian music was ignited by Shankar in 1952. Their creative partnership peaked with their "West Meets East" release, which earned a Grammy Award in 1967. The recording also showed Shankar's versatility — and the capacity of Indian music to inspire artists from different creative disciplines.


He presented a new form of classical music to Western audiences that was based on improvisation instead of written compositions. Shankar typically played in the Hindustani classical style, in which he was accompanied by a player of two tablas, or small hand drums. Concerts in India that often lasted through the night were generally shortened to a few hours for American venues as Shankar played the sitar, a long-necked lute-like stringed instrument.


At first, he especially appealed to fans of jazz music drawn to improvisation. He recorded "Improvisations" (1962) with saxophonist Bud Shank and "Portrait of a Genius" (1964) with flutist Paul Horn, gave lessons to saxophonist John Coltrane (who named his saxophone-playing son Ravi), and wrote a percussion piece for drummer Buddy Rich and Alla Rakha.


On the Beatles' 1965 recording "Norwegian Wood," Harrison had played the sitar and met Shankar the next year in London.


Shankar was "the first person to impress me," among the impressive people the Beatles met, "because he didn't try to impress me," Harrison later said. The pair became close and their friendship lasted until Harrison's death in 2001.


Harrison was instrumental in getting Shankar booked at the now legendary Monterey Pop Festival in 1967. They partnered in organizing the Concert for Bangladesh and were among the producers who won a Grammy in 1972 for the subsequent album. They toured together in 1974, and Harrison produced Shankar's career-spanning mid-1990s boxed set, "In Celebration."


But Shankar came away from his festival appearances with mixed feelings about his rock generation followers. He expressed hope that his performances might help young people better understand Indian music and philosophy but later said "they weren't ready for it."


"All the young people got interested … but it was so mixed up with superficiality and the fad and the drugs," Shankar told The Times in 1996. "I had to go through several years to make them understand that this is a disciplined music, needing a fresh mind."


When Shankar was criticized in India as a sellout for spreading his music in the West, he responded in the early 1970s by lowering his profile and reaffirming his classical roots. He followed his first concerto for sitar and orchestra in 1971 with another a decade later.


"Our music has gone through so much development," Shankar told The Times in 1997. "But its roots — which have something to do with its feelings, the depth from where you bring out the music when you perform — touch the listeners even without their knowing it."


In the 1980s and '90s, Shankar maintained a busy performing schedule despite heart problems. He recorded "Tana Mana," an unusual synthesis of Indian music, electronics and jazz; oversaw the American premiere of his ballet, "Ghyanshyam: The Broken Branch"; and collaborated with composer Philip Glass on the album "Passages."





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A Eulogy for #Occupy



[Editor's Note: In the fall of 2011, Wired hired writer Quinn Norton to embed with the activists in the Occupy Wall Street movement and report back on what she witnessed. Throughout the past year, Norton filed a number of stories about the people behind the movement, the cops sent out to police them, and the clashes that ensued as a result. Now, Norton looks back on the year of Occupy.]


“Should I, after tea and cakes and ices, Have the strength to force the moment to its crisis?” — The Love Song of J. Alfred Prufrock, T.S. Eliot


Shit’s fucked up and bullshit. It’s a phrase I learned at Occupy. “Shit’s fucked up!” they would chant in the streets, “Shit’s fucked up and buuuuuullshit!” … drawing out the full and round and musical U in bullshit. It seems, whatever you think of their protest, this is a point that is impossible to deny. Shit, in America and beyond, is indeed fucked up and bullshit.


My first day covering Occupy was also my first eviction. I went down to see the protest’s midday march on October 5, 2011 in San Francisco. It was huge — the biggest thing I’d seen since the 2003 antiwar protests I’d participated in. It dwarfed anything from the BART protests I’d covered. But what was most remarkable was the response. We didn’t know yet what Occupy would be; there was no hint in the air of what was to come. But something was different from the start. There were honks of support, smiles on the faces of drivers blocked on Market Street. There was an inconvenienced bus driver, pumping his fist in support.


No more articulation than that — but it was enough to make people I was talking to on the net skeptical. We were so unused to the idea that people could want something like this.


By this point we were trapped in the amber of immutable America.



We were trapped in endless war and financial crisis, in debt and downward spiral that our leaders bickered about, but did nothing to stop. It wore away at people with the implacability of geological erosion. The American empire we never wanted in the first place was crumbling slowly, and nothing we did in our lives seemed to matter. We had learned in the past 10 years that we couldn’t change our fates, not with hard work, taking on debt, education, or even trying to live healthy. Even when we wanted to, we could not stop wars, rein in banks, repair our crumbling infrastructure or take care of each other. We couldn’t control medical costs or the price of an education. Gas was going up, temperatures were going up.


Americans themselves lived quiet lives of untold loneliness, socially isolated. But, as we’d come to learn, we’re always watched by our infrastructure’s silent machines. Lonely, but never alone. It had become an authoritarian failing state, but without the authority, or even the sense of change that comes with total failure. We were dying by bits and pieces, going numb and fading away.


It was as if so many of us, myself included, were looking at the protestors and saying, “Please, let something matter again.”


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Anthony Jeselnik, Amy Schumer, Nick Kroll Shows get Comedy Central premiere dates






NEW YORK (TheWrap.com) – Comedy Central has set premiere dates for new series starring comedians Anthony Jeselnik, Amy Schumer, Nick Kroll, Ben Hoffman and Nathan Fielder.


The biting Jeselnik and Schumer are familiar to fans of Comedy Centrals celebrity roasts: They reliably deliver some of the most scathing and best-assembled insults. Nick Kroll stars on FX’s “The League.” And Hoffman and Fielder will both lure unassuming, regular people into their shows, airing together on Thursdays.






Comedy Central made the announcements as it released its midseason schedule Tuesday.


The sketch series “Kroll Show” premieres Wednesday, January 16 at 10:30 p.m. “The Jeselnik Offensive” debuts Tuesday, February 19 at 10:30 p.m., and will take on the week’s train wrecks in the news.


The sketch/man on the street series “The Ben Show,” starring Hoffman, premieres Thursday, February 28 at 10 p.m. It will be followed at 10:30 by Fielder’s “Nathan For You,” which “draws real people into an experience far beyond what they signed up for, according to Comedy Central.


Schumer looks at “sex, relationships, and the general clusterf— that is life” in “Inside Amy Schumer,” beginning Tuesday, April 30 at 10:30 p.m.


The network also announced standup specials for Jeselnik on Sunday, January 13, Kristen Schaal on Friday, January 18, and Katt Williams on Saturday, February 23. (Williams has popped up lately for a string of run-ins with the law, but he’s also famous for telling jokes.)


Comedy Central also set several return dates. Roastmaster Jeff Ross is back for season 2 of “The Burn With Jeff Ross” on Tuesday, January 8 at 10:30 p.m. “Workaholics” clocks in again on Wednesday, January 16 at 10 p.m., and the fifth season of “Tosh.0″ premieres Tuesday, February 5 at 10 p.m.


TV News Headlines – Yahoo! News


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The New Old Age Blog: The Gift of Reading

This is the year of the tablet, David Pogue of The Times has told us, and that may be good news for seniors who open holiday wrappings to find one tucked inside. They see better with tablets’ adjustable type size, new research shows. Reading becomes easier again.

This may seem obvious — find me someone over 40 who doesn’t see better when fonts are larger — but it’s the business of science to test our assumptions.

Dr. Daniel Roth, an eye specialist and clinical associate professor at the Robert Wood Johnson Medical School in New Brunswick, N.J., offered new evidence of tablets’ potential benefits last month at the annual meeting of the American Academy of Ophthalmology.

His findings, based on tests conducted with 66 adults age 50 and over: older people read faster (a mean reading speed of 128 words per minute) when using an iPad, compared to a newspaper with the same 10-point font size (114 words per minute).

When the font was increased to 18 points — easy to do on an iPad — reading speed increased to 137 words per minute.

“If you read more slowly, it’s tedious,” Dr. Roth said, explaining why reading speed is important. “If you can read more fluidly, it’s more comfortable.”

What makes the real difference, Dr. Roth theorizes, is tablets’ illuminated screen, which heightens contrast between words and the background on which they sit.

Contrast sensitivity — the visual ability to differentiate between foreground and background information — becomes poorer as we age, as does the ability to discriminate fine visual detail, notes Dr. Kevin Paterson, a psychologist at the University of Leicester, who recently published a separate study on why older people struggle to read fine print.

“There are several explanations for the loss of sensitivity to fine detail that occurs with older age,” Dr. Paterson explained in an e-mail. “This may be due to greater opacity of the fluid in the eye, which will scatter incoming light and reduce the quality of the projection of light onto the retina. It’s also hypothesized that changes in neural transmission affect the processing of fine visual detail.”

Combine these changes with a greater prevalence of eye conditions like macular degeneration and diabetic retinopathy in older adults, and you get millions of people who cannot easily do what they have done all their lives — read and stay connected to the world of ideas, imagination and human experience.

“The No. 1 complaint I get from older patients is that they love to read but can’t, and this really bothers them,” Dr. Roth said. The main option has been magnifying glasses, which many people find cumbersome and inconvenient.

Some words of caution are in order. First, Dr. Roth’s study has not been published yet; it was presented as a poster at the scientific meeting and publicized by the academy, but it has not yet gone through comprehensive, rigorous peer review.

Second, Dr. Roth’s study was completed before the newest wave of tablets from Microsoft, Google, Samsung and others became available. The doctor made no attempt to compare different products, with one exception. In the second part of his study, he compared results for the iPad with those for a Kindle. But it was not an apples to apples comparison, because the Kindle did not have a back-lit screen.

This section of his study involved 100 adults age 50 and older who read materials in a book, on an iPad and on the Kindle. Book readers recorded a mean reading speed of 187 words per minute when the font size was set at 12; Kindle readers clocked in at 196 words per minute and iPad readers at 224 words per minute at the same type size. Reading speed improved even more drastically for a subset of adults with the poorest vision.

Again, Apple’s product came out on top, but that should not be taken as evidence that it is superior to other tablets with back-lit screens and adjustable font sizes. Both the eye academy and Dr. Roth assert that they have no financial relationship with Apple. My attempts to get in touch with the company were not successful.

A final cautionary note should be sounded. Some older adults find digital technology baffling and simply do not feel comfortable using it. For them, a tablet may sit on a shelf and get little if any use.

Others, however, find the technology fascinating. If you want to see an example that went viral on YouTube, watch this video from 2010 of Virginia Campbell, then 99 years old, and today still going strong at the Mary’s Woods Retirement Community in Lake Oswego, Ore.

Ms. Campbell’s glaucoma made it difficult for her to read, and for her the iPad was a blessing, as she wrote in this tribute quoted in an article in The Oregonian newspaper:

To this technology-ninny it’s clear
In my compromised 100th year,
That to read and to write
Are again within sight
Of this Apple iPad pioneer

Caregivers might be delighted — as Ms. Campbell’s daughter was — by older relatives’ response to this new technology, a potential source of entertainment and engagement for those who can negotiate its demands. Or, they might find that old habits die hard and that their relatives continue to prefer a book or newspaper they can hold in their hands to one that appears on a screen.

Which reading enhancement products have you used, and what experiences have you had?

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Deal Professor: In Netflix Case, a Chance to Re-examine Old Rules

Netflix is in the Securities and Exchange Commission’s sights over a post on Facebook by Reed Hastings, its chief executive, saying that the video streaming company’s monthly viewing had reached a billion hours. Yet, the case is more convincing as an illustration of how the regulator clings to outdated notions of how markets work.

In July, Mr. Hastings posted three lines stating that “Netflix monthly viewing exceeded 1 billion hours for the first time ever in June.”

While his comments may have seemed as innocuous as yet another Facebook post about cats, for the S.E.C., it was something more sinister, a violation of Regulation FD.

Regulation FD was the brainchild of Arthur Levitt, a former chairman of the commission. During Mr. Levitt’s time, companies would often disclose earnings estimates and other important information not to the markets but to select analysts. Companies did so to preserve confidentiality and drip out earnings information gently to the markets, and in that way avoid the volatility associated with a single announcement.

For Mr. Levitt, this was heresy. He believed not only in disclosure, but in the principle that all investors should have equal access to company information. Regulation FD was the answer.

In general, Regulation FD says that when a public company gives material nonpublic information to anyone, the company must also publicly disclose that information to all investors. Regulation FD in that way prevents selective leaks and, according to the S.E.C., promotes “full and fair disclosure.”

It seems so simple. How can more disclosure be bad? But both public companies and investment banks argued that the rule would actually reduce the flow information, as companies, now forbidden from disclosing only to analysts, would simply choose not to release the information. And because analysts would no longer have that advantage in knowledge, their value would be harder to justify, resulting in fewer analysts. Stockholders would be worse off as less information was in the market.

The S.E.C. disputed these arguments, and Regulation FD went into effect over a decade ago.

Subsequent studies of Regulation FD’s effects have shown that the critics may have been right. One of the most-cited studies found that analyst coverage of smaller companies dropped. And since there was now less information in the market about these smaller companies, investors subsequently demanded a bigger premium to invest, increasing financing costs. Another study found that the introduction of Regulation FD increased market volatility because information was no longer informally spread. In fairness, some studies found different results, but the bulk of findings are that Regulation FD is at best unhelpful.

Despite these studies and companies’ complaints about the costs of compliance, the S.E.C. has stuck to the rule. Until the Netflix case, however, the agency appeared to try to keep the peace by seeking redress in only the most egregious cases.

In all, there have been only about a dozen Regulation FD cases since its adoption, including one against Office Depot in 2010, for which it was fined $1 million for hinting its earnings estimates to analysts. But while enforcement actions have been rare, it has required that companies fundamentally change the way they disclose information.

Then Netflix came along.

The S.E.C.’s case appears to be rest on much weaker grounds than previous ones involving Regulation FD. To make a Regulation FD claim, the agency must show the information was released privately and that it was material. But neither element seems certain here.

Mr. Hastings’s announcement that the milestone of one billion hours was achieved seems more like a public relations stunt than a disclosure of material information. And Netflix had previously said that it was close to this milestone, so followers knew it was coming.

But while it seems like this information was a nonevent, this post occurred as Netflix’s stock was beginning to rise, and by two trading days later, it had jumped almost 20 percent. While some may view this as proof of the post’s materiality, it is hard to read too much; Netflix shares can be volatile, and a Citigroup analysts’ report released during that time could have also moved the stock.

Then there is the issue of whether this was privately disclosed information.

Some have seized on this requirement to claim that the S.E.C. is in essence saying that Facebook is not a “public” Web site. This is laughable; after all, Mr. Hastings is popular — he has more than 200,000 subscribers to his Facebook account. It is certain that more people read this comment on Facebook than if it had been in an S.E.C. filing.

But the S.E.C.’s argument is likely to be more technical than saying Facebook is private. In a 2008 release on Web site disclosure, the S.E.C. asserted that a Web site or a blog could be public for Regulation FD purposes but only if it was a “recognized channel of distribution of information. ”

In other words, a public disclosure is not about being public but about being made where investors knew the company regularly released investor information.

So the S.E.C. is likely to sidestep the issue of Facebook’s “public” nature and simply argue that Netflix never alerted investors that Facebook was the place to find Netflix’s investor information. Mr. Hastings appeared to concede this, and in a Facebook post last week, he argued that while Facebook was “very public,” it was not where the company regularly released information. If this dispute goes forward, expect the parties to spend thousands of hours arguing about whether the post contained material information rather than whether Facebook is public.

But it all seems so silly and technical and shows the S.E.C.’s fetish of trying to control company disclosure to the nth degree. It’s easy to criticize the agency for not understanding social media, but I would argue that in trying to bring a rare Regulation FD enforcement action, it truly missed an opportunity. Rather than focus on technicalities that few people understand, it could have used this case to examine what it means to be public and how social media results in more, not less, disclosure.

If the idea behind Regulation FD is to encourage disclosure, then allowing executives to comment freely on Facebook and Twitter, recognizing them as a public space akin to a news release, is almost certain to result in more disclosure, not less, and reach many more people than an S.E.C. filing would. The agency’s position will only force executives to check with lawyers and avoid social media, chilling disclosure.

And this leads to the bigger issue. Regulation FD was always about principles of fairness that belied the economics of the rule. If the S.E.C. really wanted to encourage disclosure, then it might want to take a step back and consider whether after a decade, Regulation FD is worth all the costs. Perhaps shareholders would even prefer more disclosure on Facebook and fewer regulatory filings. I suspect they might, if it meant more information and generally higher share prices.

In any event, this case still has a way to go. Netflix disclosed only the receipt of a Wells notice, which meant the S.E.C. staff was recommending to the commissioners that an enforcement action be brought. It is now up to the commissioners to decide. Given the issues with this case, they may decide it isn’t worth it. It would still leave Netflix with substantial legal fees, but perhaps save the agency from another embarrassing defeat.

But while that may end the matter, it shouldn’t. The regulator could use the Netflix case to rethink its disclosure policies in light of not only the rise of social media but how the market actually works. After all, even the S.E.C. has a Twitter account these days.


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Eastern Congo rebels thrive on fear, chaos









Los Angeles Times

RUTSHURU, Democratic Republic of Congo — The rebels materialized out of the moist, heavy air, startling the woman as she tended her crops in the lush volcanic hills near the Rwandan border.


They wanted a bag of salt. No salt, and they'd kill her.








"You just do what they say," said Solange, a widow struggling to support a family in the midst of war.


To people like her who live in eastern Congo's North Kivu province, the M23 fighters who have taken control of their region are bandits, not rebels. After they seized Solange's village of Rutshuru in July and plundered all her beans, she fled south to the provincial capital, Goma.


It would prove to be no refuge. The rebels and the violence followed her.


The awesome serenity of the cloud-swathed emerald hills, twittering with bird life, home to mountain gorillas, is almost deep enough to erase, for a moment, successive waves of gruesome violence.


The region, an important source of minerals used in laptops and cellphones, was swept up in the aftermath of the 1994 Rwandan genocide. Since then, it has become the scene of one of the great tragedies of the last century: Wars fueled by a toxic blend of resource riches, ethnic hatred and interfering neighbors have killed 5 million people.


In recent years, the area settled into a fragile peace. But militias still drain the country's wealth. There now are fears that eastern Congo could spiral into another long and bloody conflict.


United Nations experts say Rwanda armed and commanded M23, which rebelled against the Congolese army in April, and directly supported the rebels' attack on Goma.


Rwanda has been accused of backing militias and fueling conflict in the region for years, but it denies interfering. It has a security interest because Hutu militias responsible for the 1994 genocide fled into eastern Congo, where they continue to mount attacks. And with few mineral resources of its own, Rwanda has a strong economic interest in the region.


Among M23's reputed leaders is Bosco Ntaganda, a commander nicknamed the Terminator who was indicted in July by the International Criminal Court on suspicion of atrocities including murder, rape, sexual slavery and pillaging.


The M23 political leaders wear shiny silk suits, with labels like "High Class" left ostentatiously on the sleeve. They made Rutshuru their base, imposed compulsory weekend cleanup brigades for the entire population, planted grass around the administrative building and put up signs condemning corruption. They made the town look like a miniature copy of Rwanda, a country so tidy that all plastic bags are banned and seized at the border.


They also looted villages and killed an undetermined number of people.


Solange is 35 and belongs to the Nande tribe, the main ethnic group in North Kivu. Her husband was a government soldier who earned $55 a month before his death three years ago from malaria. They had no children.


On the farm, she grew cassava and beans to sell in the local market and always had plenty to eat. "Life was good," she said. After her husband's death, she had to support not only her family, including her parents and a younger sister with children, but her late husband's family too. In all, there were 15 mouths to feed.


M23 disrupted all that.


After fleeing to Goma, she stayed at a friend's house. She registered with an aid agency, hoping to get food assistance, but never received any.


"It's very difficult. Sometimes we don't have enough food," said Solange, who preferred not to use her last name out of concern for her safety.


Goma's idyllic lakeside setting could be a tourist haven in a parallel universe. But in this one, teenage boys and grimy men push heavy loads of water, wooden poles or potatoes. Women pound cassava leaves or fry tennis-ball-size lumps of dough in bubbling oil.





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How Two Hardware Geeks Leveraged Kickstarter for Serial Success



Brad Leong and Sam Gordon have a 3-0 record for crowdfunding projects, something they’ve done by bringing an app store-like model to platforms like Kickstarter that could herald a new way of launching a multi-product hardware startup.


The pair have raised $1,054,666 since June 2011 crowdsourcing their Oona iPhone stand, Brydge keyboard and iPhone ReadyCase. It’s especially impressive considering Kickstarter has a success rate of 43.74 percent. Leong and Gordon have found a consistent formula for financing multiple products and an entire business. The crowdfunding sites have essentially made it possible for them to take their multiple hardware ideas and put them in front of potential buyers to get immediate feedback and predict (and fuel) their success, much like app developers do.


“It’s a study in how an ‘app store’ ports to hardware as a company that has ‘apps’ in a marketplace,” Nick Pinkston, who started the SF Hardware Startup Meetup, said.


It’s a unique approach that few other entrepreneurs and tinkerers seem to be doing. The vast majority of Kickstarter campaigns are one-off projects. But considering the minimal venture capital and limited retail routes in the hardware space, it’s a very smart model. Still, Leong and Gordon can’t use Kickstarter indefinitely, and don’t want to.


“The goal is not to do Kickstarter projects forever,” Gordon says. “The goal is to have the products start us off, build capital, and really start a products company off of that. It’s been a good way to kick-start our business, some might say.”


The duo hoped to achieve serial success to build their business, named Brydge for their most successful campaign. Most of the money they’ve raised has gone back into producing product. The duo’s new warehouse is incredibly sparse, with only a few long tables. On the day I visited, they had some friends helping pack a shipment of Brydge keyboards. Such is the glamour of a startup. Both Gordon and Leong live with their parents.


Yet with Leong’s hoodie and Gordon’s Silicon Valley flair — sandals with jeans and a button-down shirt — the two look like the quintessential young entrepreneurs. Surprisingly, neither of them has an engineering degree. Gordon knows communications and PR, while Leong comes from a film background. They met in a college leadership class in 2006 at the University of Southern California, and have been bouncing ideas off each other since.


“What I like to do is tinker and make physical things. That was just the realm we went into because of that,” Leong says. “I think we’ve always known that we were going to do something entrepreneurial…. We didn’t really socially talk. We never called and said, ‘How’s it going?’ It would just be, ‘I have this idea, let’s talk about it.’”



Kickstarter was the perfect testbed. After seeing the Lunatik iPod mini watch kit blow up on the site, they decided to try it out.


Leong’s and Gordon’s excitement while talking about their first project, the Oona iPhone stand, is palpable. They didn’t expect much, and their goal was a modest $10,000.


“It was the first week we met our goal,” Gordon said. “But then it really took off. This was crazy. We realized it could be a full-time real thing we could do.”


The Oona iPhone stand, which raised $131,220, taught them a lot about the manufacturing and production process — something many people with Kickstarter hardware projects struggle through after getting funded. For example, the Pebble smartwatch was slated to ship in September, but is now three months late.


“Seventy-five percent of Kickstarter projects are significantly late,” Leong says. Wharton School of Business professor Ethan Mollick found that only 25 percent of projects deliver by their estimated delivery date. The slow turnaround is why alternatives like Christie Street have launched to ensure that backers don’t end up losing money on a product. Kickstarter itself has been very straightforward, however, in saying that it is not a store, though many hardware products use the rewards system like a pre-ordering platform.


You might argue that Kickstarter is meant to finance a project, not a company. But Kickstarter doesn’t seem to have a problem with people running multiple campaigns to, er, kick-start their business.


“Millions of people have come to Kickstarter to cultivate a more vibrant and verdant creator culture that values the creative process as much as the end result,” a Kickstarter spokesman told Wired in an e-mail. “We’ll continue to be home to imaginative ideas from all corners of the creative universe.”


Vague, yes, but Brydge isn’t the first to go down this road. Studio Neat has funded both of its products, the Glif and the Cosmonaut, on Kickstarter.


Gordon points out that one of the most challenging part of a Kickstarter campaign is not raising funds, but figuring out what to do afterward. The logistics of producing and shipping something, especially if you’re working in China, is incredibly difficult. Many of the people posting to Kickstarter, particularly makers and tinkerers, are not familiar with the process.


“If you look at a lot of Kickstarter projects, they’ve made one and they know how to make one, but then they have no idea the process of having to make thousands,” Gordon said. Multiple campaigns has helped them hone those skills.


The Brydge keyboard, a sleek aluminum rig that turns your iPad into a MacBook Air look-a-like, has been the duo’s most popular campaign, raising $797,979 — nearly nine times their goal. They’ve taken more than 5,000 orders. It was a tricky enough piece of hardware that they had to go back to Kickstarter after Oona.


“It has a whole bunch of little pieces in it and since it’s a higher price point product it means it’s a much larger initial investment to get it up and going,” Leong said. “Oona was successful but it was not so successful that it could fund Brydge.”



ReadyCase, their most recent project, has raised $125,467. It’s more of a side project, and it got started on Kickstarter competitor Indiegogo.


“Kickstarter has a policy of no knives on their site,” Leong said. “It’s a little fine print thing and because ReadyCase has a small multitool knife blade, they would not allow it.”


Aside from raising capital, one of the best reasons to keep going back to Kickstarter is it provides immediate feedback. Bad ideas won’t go far. If people hadn’t backed Brydge, the guys would have known it was a dog and dropped it.


With three successful projects in the bag, Leong and Gordon have some tips for Kickstarting a project. First and foremost, be innovative. Nobody wants something they’ve seen before, so don’t reinvent the wheel or offer some incremental improvement of your own gadget. Remember that you’re selling yourself along with your project, so express who you are. And if you plan on having multiple projects, don’t go nuts with your first one — start simple, get the manufacturing down, and then move on to something a little more complex. And whatever you do, don’t wear out your welcome.


“The thing that’s bad on Kickstarter is these companies using it just to promote,” Leong says. “That’s completely against the idea of what Kickstarter is. If we have the means to make the product, then we’ll make the product. We’re not going to sneak it in there. People say, ‘Oh it’s new because we slightly tweaked something,’ but it’s really a product they’ve been selling for five or ten years. We don’t want to do that.”


“We believe in the spirit of Kickstarter, which is to help people to make something that couldn’t be made without it,” Gordon said. “It sucks to sometimes see products that don’t do that.”



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