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June 13, 2013

What’s two seconds between traders? A lot, really

  • two the advantage, in seconds, that Reuters is giving its high-value, “low latency” financial data customers by sending along a widely-cited economic statistic on consumer confidence. It may not sound like a lot of time, but since the stock market is almost entirely computerized at this point, that’s enough time to fit in a ton of automated trades. As you can imagine, it’s drawing controversy. Most people can’t even pick up an Oreo in that amount of time. source
16:08 // 10 months ago
June 5, 2013
20:08 // 10 months ago
April 22, 2013
17:17 // 1 year ago
Update on the situation with Matthew Keys, who is facing charges in a case involving Anonymous. Matt, a SFB contributor, faced criticism last week over his reporting of unvetted information on police scanners in relation to the Boston Marathon story, which he defended on Facebook last night. (No reason was given for the firing, but we didn’t work with Matt on the story.) Whatever the case, we wish our friend the best. — Ernie @ SFB
EDIT: Philip Bump offers a roundup on the situation for The Atlantic Wire.

Update on the situation with Matthew Keys, who is facing charges in a case involving Anonymous. Matt, a SFB contributor, faced criticism last week over his reporting of unvetted information on police scanners in relation to the Boston Marathon story, which he defended on Facebook last night. (No reason was given for the firing, but we didn’t work with Matt on the story.) Whatever the case, we wish our friend the best. — Ernie @ SFB

EDIT: Philip Bump offers a roundup on the situation for The Atlantic Wire.

13:15 // 1 year ago
April 18, 2013
hallowdmachine:

newsweek:

I hope I live to be XXX. [Link, or, a future 404.]

He was only 30 years old? Wow. Such a shame.

I admire the fact that it’s still online like half an hour later.

hallowdmachine:

newsweek:

I hope I live to be XXX. [Link, or, a future 404.]

He was only 30 years old? Wow. Such a shame.

I admire the fact that it’s still online like half an hour later.

18:23 // 1 year ago
March 14, 2013
We are aware of the charges brought by the Department of Justice against Matthew Keys, an employee of our news organization. Thomson Reuters is committed to obeying the rules and regulations in every jurisdiction in which it operates. Any legal violations, or failures to comply with the company’s own strict set of principles and standards, can result in disciplinary action. We would also observe the indictment alleges the conduct occurred in December 2010; Mr. Keys joined Reuters in 2012, and while investigations continue we will have no further comment.
A statement by Reuters’ corporate affairs manager David Girardin, made to Politico in response to this morning’s news. source
19:31 // 1 year ago
17:14 // 1 year ago
January 23, 2013

reuters:

Video: Secretary of State Hillary Clinton and U.S. Senator Ron Johnson clash over Benghazi consulate attack (via Talking Points Memo)

"With all due respect, we had four dead Americans. Was it because of a protest or was it because of some guys out on a walk one night who decided they’d go kill some Americans? What difference, at this point, does it make? It is our job to figure out what happened and to prevent it from ever happening again, Senator.” Damn, Hill brought her A game.

(via brooklynmutt)

11:41 // 1 year ago
December 31, 2012
reuters:

The State Department made a “grievous mistake” in keeping the U.S. mission in Benghazi open despite inadequate security and increasingly alarming threat assessments in the weeks before a deadly attack by militants, a Senate committee said on Monday.
A report from the Senate Homeland Security Committee on the September 11 attacks on the U.S. mission and a nearby CIA annex, in which the U.S. ambassador to Libya and three other Americans died, faulted intelligence agencies for not focusing tightly enough on Libyan extremists.
It also faulted the State Department for waiting for specific warnings instead of improving security.
READ ON: Senate report finds State Dept made “grievous mistake” over Benghazi

What lessons can be applied here that weren’t in Benghazi?

reuters:

The State Department made a “grievous mistake” in keeping the U.S. mission in Benghazi open despite inadequate security and increasingly alarming threat assessments in the weeks before a deadly attack by militants, a Senate committee said on Monday.

A report from the Senate Homeland Security Committee on the September 11 attacks on the U.S. mission and a nearby CIA annex, in which the U.S. ambassador to Libya and three other Americans died, faulted intelligence agencies for not focusing tightly enough on Libyan extremists.

It also faulted the State Department for waiting for specific warnings instead of improving security.

READ ON: Senate report finds State Dept made “grievous mistake” over Benghazi

What lessons can be applied here that weren’t in Benghazi?

14:56 // 1 year ago
December 19, 2012
In Massachusetts, good education no longer means higher income, and lower-income residents are falling behind. Above is a graphic from Reuters’ comprehensive in-depth report on the topic, part of its “Unequal State of America" series.

In Massachusetts, good education no longer means higher income, and lower-income residents are falling behind. Above is a graphic from Reuters’ comprehensive in-depth report on the topic, part of its “Unequal State of America" series.

9:22 // 1 year ago