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AFP - Wire stories -
22 hours and 11 minutes ago
WASHINGTON (AFP) - Democrats in Congress put off a vote on a bailout for crisis-hit "Big Three"
auto makers until at least December, and ordered industry chiefs to come up with a new
restructuring plan.
|
AFP - Wire stories -
23 hours and 32 minutes ago
BUENOS AIRES (AFP) - A bill to nationalize over 26 billion dollars in private pension funds was
approved by the Senate late Thursday, after clearing the Chamber of Deputies earlier this month,
and was headed to President Cristina Kirchner for her signature.
|
Guardian Unlimited -
1 days ago
Hope that rescue deal might be thrashed out come to nothing as Democrats demand to see business
plan
|
InformationWeek RSS Feed -
1 days ago
The 2008 Annual Report to Congress urges tighter computer security measures to prevent data loss or
corruption.

|
Latest financial news - CNNMoney.com -
1 days and 1 hours ago
Congress passed legislation late Thursday to extend the period of government assistance to
Americans struggling in the shrinking job market. pa
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Latest financial news - CNNMoney.com -
1 days and 2 hours ago
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IBTimes.com RSS Feed - Technology -
1 days and 2 hours ago
Some in Congress pounced this week on what they view as the hypocrisy of auto executives flying on
corporate jets to Washington to ask for public help. Corporations insist riding on private planes
is not a lavish perk, but rather a necessary security requirement for top officials that also helps
them be more efficient.div class="feedflare" a
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Autoblog -
1 days and 2 hours ago
pFiled under: a href="http://www.autoblog.com/category/government-legal/"
rel="tag"Government/Legal/a, a href="http://www.autoblog.com/category/chrysler/" rel="tag"Chrysler,
LLC./a, a href="http://www.autoblog.com/category/ford/" rel="tag"Ford/a, a
href="http://www.autoblog.com/category/gm/" rel="tag"GM/a, a
href="http://www.autoblog.com/category/celebrities/" rel="tag"Celebrities/a/pa
href="http://www.detnews.com/apps/pbcs.dll/article?AID=/20081120/AUTO01/811200428/1148"img
width="200" vspace="4" hspace="4" height="200" border="1" align="right" alt=""
src="http://www.blogcdn.com/www.autoblog.com/media/2008/11/michael-moore.jpg" //aWhile there is
definitely a huge rift between those who favor a Detroit bailout and those who would rather see the
Big 3 fade away, you'd think that someone like Flint-native and documentary maker Michael Moore
would be all in favor of helping the Big Three succeed. After all, Moore rose to fame for his first
documentary entitled "Roger and Me" that featured then-CEO of General Motors Roger Smith. According
to this piece in the emDetroit News/em, however, Moore doesn't profess unconditional support for a
Big 3 bailout. It seems he has mixed feelings about the whole situation.br /br /Moore was on Larry
King last night saying that the automakers ignored the wishes of consumers by continuing to build
bigger vehicles just to maximize profits. Foreign automakers, on the other hand, built SUVs
emand/em more fuel-efficient vehicles in other categories. Moore elaborated by saying that br /the
current managers don't deserve a dime, but that it would be terrible if so many people lost jobs
because of them. He went on to suggest that Congress should demand change for any money given out,
including building up alternative fueled vehicles and mass transit in the country.br /br /[Source:
a href="http://www.detnews.com/apps/pbcs.dll/article?AID=/20081120/AUTO01/811200428/1148"Detroit
News/a]p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"a
href="http://www.autoblog.com/2008/11/20/michael-moore-doesnt-even-support-big-3-bailout/"Michael
Moore mixed on Big 3 bailout/a originally appeared on a href="http://www.autoblog.com"Autoblog/a on
Thu, 20 Nov 2008 17:21:00 EST. Please see our a href="http://www.weblogsinc.com/feed-terms/"terms
for use of feeds/a./ph6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px;
border: 0; margin: 0; padding: 0;"/h6a
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AP Top Headlines At 8:44 a.m. EDT -
1 days and 2 hours ago
WASHINGTON (AP) -- Jarred by new jobless alarms, Congress raced to approve legislation Thursday to
keep unemployment checks flowing through the December holidays and into the new year for a million
or more laid-off Americans whose benefits are running out....
|
AP Top Headlines At 8:44 a.m. EDT -
1 days and 2 hours ago
WASHINGTON (AP) -- Democratic leaders in Congress sidetracked legislation to bail out the auto
industry Thursday and demanded the Big Three develop a plan assuring the money would make them
economically viable. "Until they show us the plan, we cannot show them the money," Speaker Nancy
Pelosi, D-Calif., said at a hastily called news conference in the Capitol....
|
CNN.com -
1 days and 3 hours ago
The major automakers will be asked to submit a plan no later than December 2 for spending $25
billion they are requesting from Congress to save their companies, Senate Majority Leader Harry
Reid said today. The Senate would plan to reconvene by December 8 to consider the proposal, but
only if lawmakers are convinced that the public would be well-served.div class="feedflare" a
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Autoblog -
1 days and 4 hours ago
pFiled under: a href="http://www.autoblog.com/category/government-legal/"
rel="tag"Government/Legal/a, a href="http://www.autoblog.com/category/earnings-financials/"
rel="tag"Earnings/Financials/a/pimg vspace="4" hspace="4" border="0" align="right"
src="http://www.blogcdn.com/www.autoblog.com/media/2008/11/billhopeless_opt.jpg" alt="" /Wow, what
an amazing piece of political theater that just went down. As we reported, four senators from auto
producing state (two Democrats and two Republicans) led by Michigan Senator Carl Levin have a
href="http://www.autoblog.com/2008/11/20/breaking-automaker-bailout-agreement-reached-in-senate-still-n/"reached
an agreement on a compromise bailout bill/a for automakers. They were set to announce details of
the compromise bill at 2:30PM, but before they could, a team of Congressional Democrats led by
House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid walked into the room in which the
press conference was to be held and announced that they didn't support the compromise bill and that
CEOs of the Big 3 would have to come back after the Thanksgiving holiday and present a plan on how
any loans that might be given would be used.br /br /Back to that compromise bill. The big
stalemate, other than whether U.S. automakers should get a bailout at all, is where the money would
come from. Democrats want to take $25 billion from the $700 billion bailout fund for financial
institutions while Republicans and the White House want to re-appropriate $25 billion in loans that
have already been approved for investments in green technology. Levin revealed the compromise to be
a version of the Republican's plan, with concessions made to Democrats in that certain
environmental restrictions would remain in tact and that loan repayments would go directly back to
replenish the $25 billion fund for green investments. br /br /What do we take away from all this?
The Big 3 will get no assurance of federal aid before Thanksgiving, and there's still no guarantee
they'll get help after the break. The ball is again back in the court of the Big 3 CEOs, who need
to show up in December with detailed plans of how each would use any federal aid. The Democrats are
calling for "accountability" and "viability" in their proposals, which are due to Congress by
December 2.p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"a
href="http://www.autoblog.com/2008/11/20/aw-snap-congressional-democrats-undercut-compromise-bailout-bil/"Aw
Snap! Congressional Democrats undercut compromise bailout bill/a originally appeared on a
href="http://www.autoblog.com"Autoblog/a on Thu, 20 Nov 2008 15:16:00 EST. Please see our a
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|
Reuters, International -
1 days and 4 hours ago
Automakers' plea for a bailout stalled despite a bipartisan compromise proposal. Democrats set a
Dec. 2 deadline for automakers to submit a new plan that can be approved by Congress.
|
Breaking News: CBSNews.com -
1 days and 4 hours ago
Democratic leaders in Congress have put off a vote on bailing out the auto industry until next
month, and want the top companies to present a plan showing the money will make them financially
viable.div class="feedflare" a href="http://feeds.cbsnews.com/~f/CBSNewsMain?a=3TUAn"img
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|
Latest financial news - CNNMoney.com -
1 days and 5 hours ago
Democratic leaders said Thursday that Congress would return in December to consider extending a $25
billion lifeline for troubled U.S. automakers if the companies devise a "viable" recovery plan. pa
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|
Guardian Unlimited -
1 days and 6 hours ago
divimg alt=""
src="http://hits.guardian.co.uk/b/ss/guardiangu-feeds/1/H.15.1/58153?ns=guardianpageName=Technology%3A+China+winning+cyber+war%2C+Congress+warnedch=Technologyc3=guardian.co.ukc4=Computer+security%2CChina+%28News%29%2CUS+news%2CHacking+%28Technology%29%2CUS+Congress%2CObama+White+House+%28News%29%2CWorld+newsc5=Not+commercially+useful%2CUS+Elections%2CCorporate+IT%2CConsumer+Electronicsc6=Ed+Pilkingtonc7=2008_11_20c8=1121483c9=articlec10=GUc11=Technologyc12=Computer+securityc13=c14=h2=GU%2FTechnology%2FComputer+security"
width="1" height="1" //divpChina is aggressively developing its power to wage cyber warfare and is
now in a position to delay or disrupt the deployment of America's military forces around the world,
potentially giving it the upper hand in any conflict, a panel of the US Congress has warned./ppThe
panel's report discloses an alarming increase in incidents of Chinese computer attacks on the US
government, defence companies and businesses. It notes that China now has both the intent and
capability to launch cyber attacks "anywhere in the world at any time"./ppThe conclusions reached
in this year's US-China Economic and Security Review are far more dramatic than before. In 2007, it
says, about 5m computers in the US were the targets of 43,880 incidents of malicious activity
— a rise of almost a third on the previous year./ppChina's ability to wage
cyber warfare is now "so sophisticated that the US may be unable to counteract or even detect the
efforts", the report warns.br /Given the dependence on the internet of key sectors of US public
life, from the federal government and military to water treatment, social security and the
electricity grid, "a successful attack on these internet-connected networks could paralyse the
US"./ppThe review's six Democrat and six Republican commissioners travelled to China, Taiwan, South
Korea and Japan, and heard testimony from US intelligence agencies for their 393-page
report./ppThere has been concern about Chinese computer espionage since 2002, when a large-scale
series of cyber intrusions was launched on US military and government computer systems. In that
attack, codenamed Titan Rain by the US, the Chinese downloaded up to 20 terabytes of data
— twice the amount stored in the entire print collection of the Library of
Congress./ppMuch of the activity is likely to emanate from groups of hackers, but the lines between
private espionage and government-sponsored operations are blurred. Some 250 hacker groups are
tolerated, and may even be encouraged, by Beijing to invade computer networks. Individual hackers
are also being trained in cyber operations at Chinese military bases./pp"China is stealing vast
amounts of sensitive information from US computer networks, said Larry Wortzel, the commission's
chairman./ppAccording to the report, Beijing is investing huge resources in cyber and space
missions because it sees America's computer networks and space assets as its "soft ribs and
strategic weaknesses". The extent of its activities gives it the potential to beat the US in
military conflict. Technologically, China has improved its range of satellites, so it can now
accurately locate US aircraft carrier battle groups quickly, and from a great distance. Such
information could be used to guide Chinese missiles to their targets./ppThe Chinese government has
given no response to the accusations, but in the past has complained of cyber attacks coming in the
opposite direction./ppIn addition to cyber warfare, the panel warns that Beijing is taking an
increasingly aggressive stance in its rapidly developing space programme. The panel believes China
has concluded that space will in future be an essential arena of warfare./ppIt notes that China
tested an anti-satellite weapon last year, giving it the ability to destroy US satellites, in
addition to its existing capability to "blind" them by using lasers. So far this year, 15 rockets
and 17 satellites have been put into space./ppChina became the third country to explore space in
2003, after the Soviet Union and the US. Until 2002 Beijing opposed the militarisation of space,
but it has quietly dropped its opposition since./ppChina's growing military power, running parallel
to its increasing economic might, is likely to present challenges to the incoming administration of
Barack Obama. The president-elect has said that "China is rising and it's not going away", although
he prefers to characterise the US-Chinese relationship as one between "competitors" rather than
enemies.br //pdiv style="float: left; margin-right: 10px; margin-bottom: 10px;"ullia
href="http://www.guardian.co.uk/technology/security"Computer security/a/lilia
href="http://www.guardian.co.uk/world/china"China/a/lilia
href="http://www.guardian.co.uk/world/usa"United States/a/lilia
href="http://www.guardian.co.uk/technology/hacking"Hacking/a/lilia
href="http://www.guardian.co.uk/world/congress"US Congress/a/lilia
href="http://www.guardian.co.uk/world/obama-white-house"Obama White House/a/li/ul/divdiv
class="guRssAdvert"a
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border="0" //a/diva href="http://www.guardian.co.uk"guardian.co.uk/a copy; Guardian News Media
Limited 2008 | Use of this content is subject to our a
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|
Latest financial news - CNNMoney.com -
1 days and 6 hours ago
The United Auto Workers union called on Congress and the Bush administration to get a loan to U.S.
automakers to prevent their collapse before the legislature adjourns Friday. pa
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|
BBC News | World | UK Edition -
1 days and 6 hours ago
China has increased computer espionage attacks on US government and business interests, Congress is
warned.
|
BusinessWeek Online -- -
1 days and 7 hours ago
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BusinessWeek Online -- -
1 days and 7 hours ago
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GigaOM -
1 days and 8 hours ago
I’ve spent the past few days pretty immersed in the SC 08
conference here in Austin, Texas, but I’m still embarrassed that I missed the formation of
a new lobbying organization think tank called The
Future of Privacy that’s being funded by AT&T. The group hopes to help policy
makers and business leaders figure out how to manage online privacy.
A big source of irony from the group, other than its purported focus on online privacy to benefit
consumers and the industry alike, is that Co-chair Christopher Wolf also headed up one of my
favorite astroturfing efforts,
Hands Off The Internet, the
phone company think tank dedicated to Net Neutrality. Somehow, that connection isn’t
mentioned in his FOP
bio. Wolf is a litigation partner in the Washington, D.C. office of Proskauer Rose LLP, a
firm that does work for AT&T. The other co-founder of FOP, Jules Polonetsky (here’s a
great interview on his
views on Internet privacy), was the former chief privacy officer at AOL. Prior to that he
worked at DoubleClick, which was bought by Google.
The creation of the FOP is both a good thing and bad thing. It’s a sign that consumers
worried about how their private information is collected and used on the Internet have been taken
seriously. On the other hand, the backer and members of this particular
organization are highly likely to influence legislators in a direction that will keep
consumers’ data in their hands.
I hope that some of the more privacy focused representatives can cut through the corporate
double-speak that I have seen firsthand from the telecommunications companies on other issues.
Perhaps Google, which is not represented on the board, can start its own privacy think tank and
we can watch the fight unfurl between caching private data
for later use, and profiting from data as it travels through the ISPs’ pipes.
This issue of Internet privacy has gained more momentum in the last few months after ISPs
contracted with a startup called
NebuAd to monitor where a consumer surfs the web and serve ads against those visits. Other companies are
trying this as well. Since then, Congress has held two hearings on
online privacy, with one related to
data collection and the other related
to deep-packet inspection as employed by NebuAD and its ISP customers.
As the online experience
becomes more interactive, the rules around of who’s watching us as
we’re watching the web need to be defined. But in addition to worries about corporate
spying, legislators and lobbying organizations should also take a close look at what governments can now access and
use. For those of you following this space, the advisory board includes:
- Dorothy Attwood, Senior Vice President, Public Policy and Chief Privacy Officer, AT&T,
who went before Congress to decry NebuAd’s tactics but noted that perhaps in exchange for
lower rates a consumer might be willing to share more data with the ISP
- Chris Kelly, Chief Privacy Officer and Head of Global Public Policy, Facebook, the company
that brought you the privacy nightmare known as Beacon
- Simon Davies, Director, Privacy International
- Peter Swire, a law professor at Ohio State University and Senior Fellow, Center for American
Progress, who is advising President-elect Barack Obama on technology


|
GigaOM -
1 days and 8 hours ago
I’ve spent the past few days pretty immersed in the SC 08
conference here in Austin, Texas, but I’m still embarrassed that I missed the formation of
a new lobbying organization think tank called The
Future of Privacy that’s being funded by AT&T. The group hopes to help policy
makers and business leaders figure out how to manage online privacy.
A big source of irony from the group, other than its purported focus on online privacy to benefit
consumers and the industry alike, is that Co-chair Christopher Wolf also headed up one of my
favorite astroturfing efforts,
Hands Off The Internet, the
phone company think tank dedicated to Net Neutrality. Somehow, that connection isn’t
mentioned in his FOP
bio. Wolf is a litigation partner in the Washington, D.C. office of Proskauer Rose LLP, a
firm that does work for AT&T. The other co-founder of FOP, Jules Polonetsky (here’s a
great interview on his
views on Internet privacy), was the former chief privacy officer at AOL. Prior to that he
worked at DoubleClick, which was bought by Google.
The creation of the FOP is both a good thing and bad thing. It’s a sign that consumers
worried about how their private information is collected and used on the Internet have been taken
seriously. On the other hand, the backer and members of this particular
organization are highly likely to influence legislators in a direction that will keep
consumers’ data in their hands.
I hope that some of the more privacy focused representatives can cut through the corporate
double-speak that I have seen firsthand from the telecommunications companies on other issues.
Perhaps Google, which is not represented on the board, can start its own privacy think tank and
we can watch the fight unfurl between caching private data
for later use, and profiting from data as it travels through the ISPs’ pipes.
This issue of Internet privacy has gained more momentum in the last few months after ISPs
contracted with a startup called
NebuAd to monitor where a consumer surfs the web and serve ads against those visits. Other companies are
trying this as well. Since then, Congress has held two hearings on
online privacy, with one related to
data collection and the other related
to deep-packet inspection as employed by NebuAD and its ISP customers.
As the online experience
becomes more interactive, the rules around of who’s watching us as
we’re watching the web need to be defined. But in addition to worries about corporate
spying, legislators and lobbying organizations should also take a close look at what governments can now access and
use. For those of you following this space, the advisory board includes:
- Dorothy Attwood, Senior Vice President, Public Policy and Chief Privacy Officer, AT&T,
who went before Congress to decry NebuAd’s tactics but noted that perhaps in exchange for
lower rates a consumer might be willing to share more data with the ISP
- Chris Kelly, Chief Privacy Officer and Head of Global Public Policy, Facebook, the company
that brought you the privacy nightmare known as Beacon
- Simon Davies, Director, Privacy International
- Peter Swire, a law professor at Ohio State University and Senior Fellow, Center for American
Progress, who is advising President-elect Barack Obama on technology
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