WSJ reports Yahoo board has approved a $1.1 billion deal — in cash — to purchase Tumblr.
(via brooklynmutt)
The Web according to Samuel Rubenfeld, a journalist published in The Wall Street Journal, WSJ.com, Dow Jones Newswires, Houston Chronicle, San Francisco Chronicle, Midland (Texas) Reporter-Telegram, The Hill, Village Voice, Newsday, Times of Middle Country and my alma mater's campus newspaper, The Hofstra Chronicle.
I write the Corruption Currents blog, which is hosted on the Wall Street Journal's website.
I'm 26 and I live in Astoria, Queens. I listen to a ton of music and read a lot about politics, public policy, the news media and the future of journalism. I also am a big fan of the Knicks, Jets and Mets. Expect a heavy dose of things to read. • Ask me anything
Samuel Rubenfeld's Tumblr
I write the Corruption Currents blog, which is hosted on the Wall Street Journal's website.
I'm 26 and I live in Astoria, Queens. I listen to a ton of music and read a lot about politics, public policy, the news media and the future of journalism. I also am a big fan of the Knicks, Jets and Mets. Expect a heavy dose of things to read. • Ask me anything
Samuel Rubenfeld's Tumblr
Random journalism tip: When you’re in a new city, take public transportation. It’s a good way to run into—and maybe get tips from—the locals.
Marlon Byrd’s on-the-fly throw home in the 8th helped perserve the Mets 3-2 win over the Cubs
Wal-Mart FCPA Probe Costs Exceed Estimates - Risk & Compliance - WSJ
Wal-Mart Stores Inc. said Thursday when announcing its quarterly earnings that it busted through its earlier forecast for spending on a foreign-bribery probe.
The retailer said during an earnings call it spent $73 million in its first fiscal quarter of 2014, which ended April 26, on the probe. It said it spent about $44 million on the investigations, and another $29 million on a global compliance review and organizational changes.
Congress, the U.S. Justice Department and the Securities and Exchange Commission are all investigating whether Wal-Mart violated the Foreign Corrupt Practices Act when seeking to open stores around the world, and whether it hushed up an early internal inquiry into the matter. The company has said it’s cooperating, and it’s conducting its own review.
Hofstra student, suspect dead in apparent home invasion
Police responded to a report of a home invasion in a house where several female students live. Somehow, gunfire erupted.Jesus Christ.
(via benewavvy)
State Department Names Nusra Front Leader as Terrorist - Risk & Compliance - WSJ
The U.S. State Department said Thursday it placed a leader of the Nusra Front under sanctions.
Muhammad al-Jawlani is considered the leader of the Nusra Front, the State Department said in a statement. He’s spoken in videos about his ultimate goal, which is the overthrow of the Syrian regime and the institution of Islamist sharia law throughout the country.
The Nusra Front is believed to be the most effective group fighting President Bashar al-Assad’s regime, which is locked in a bitter civil war with opposition groups. U.S. policy also calls for the end of Assad’s regime, but the Nusra Front has complicated Washington’s support for the rebels.
“Who in the newsroom will speak up the next time there’s a story that produces that much racial heat—the one black or brown person in an otherwise white newsroom? Who will speak up when working-class Americans are portrayed in patronizing and simplistic ways—the unpaid cub reporter/intern?”
— Farai Chideya, “How to Fix Journalism’s Class and Color Crisis” (via thenationmagazine)
Cilins Pleads Not Guilty to Obstructing FCPA Probe - Risk & Compliance - WSJ
Frederic Cilins, a French man charged with obstructing a grand jury probe into possible foreign bribery, pleaded not guilty Wednesday before a Manhattan federal court.
Mr. Cilins is charged in a five-count indictment filed in April in the Southern District of New York of agreeing to pay an individual to provide him documents so he could destroy them before they were produced for a grand jury. The indictment alleges he directed an individual to make false statements to the FBI by providing the person with an affidavit and agreeing to pay them to sign the document.
U.S. Magistrate Judge Frank Maas read the contents of the indictment to Mr Cilins, who requires the use of an interpreter. Asked to confirm his lawyer’s statement that he pleaded not guilty, Mr. Cilins nodded his head and said “oui.”
Judge Maas set bond at $15 million for Mr. Cilins, and required he get five co-signers. Should he be able to make bond, Mr. Cilins would be subject to 24-hour monitoring by a security firm approved by the court.
