Saudi billionaire Prince Alwaleed Bin Talal’s investment firm sold a stake valued at almost $US190 million in News Corp, reducing its holding in Rupert Murdoch’s media company to about 1 per cent.
Alwaleed’s Kingdom Holding cut its ownership of Class B shares to 2 million from 13.2 million, or 6.6 per cent, it said in a statement to the Saudi bourse Wednesday. The sale generated 705 million riyals ($241.7 million), which will be used for other investments, it said. Through Kingdom, Prince Alwaleed holds stakes in companies including Citigroup and Twitter. Continue reading
The purge roles on:
The secretive head of the agency’s National Clandestine Service is retiring amid reports of infighting over a reorganization of the intelligence service.
As a practice, the CIA doesn’t identify the head of the clandestine service by name. But Frank Archibald was outed in a Twitter post in 2013, and details of his biography were known to some journalists. Archibald, who was 57 when he took the job that year, reportedly served tours in Pakistan and Africa and also headed the CIA’s Latin America division. The Associated Press reported that Archibald “once ran the covert action that helped remove Serbian President Slobodan Milosevic from power.”
Archibald’s retirement comes at a transitional moment for the CIA. The agency’s director, John Brennan, is considering major changes to the agency’s structure, including the possible creation of new intelligence centers and doing away with the traditional division of CIA into its analysis group and the clandestine service. Continue reading
The Federal Bureau of Investigation and the Department of Homeland Security this weekend jointly issued the strongest warning yet for U.S. servicemen to scrub their accounts on Facebook, Twitter and other social media.
As reported by Fox News’s Catherine Herridge, the FBI and DHS are warning against posting information that could put members of the U.S. armed forces and their families at risk for attack from supporters of ISIS (Islamic State of Iraq and Syria). Continue reading
Ayatollah Khamenei says West Bank should be armed like Gaza, and Jewish population should return to countries it came from
Iranian Supreme Leader Ayatollah Ali Khamenei called over the weekend for the destruction of Israel, stating that the “barbaric” Jewish state “has no cure but to be annihilated.”
A plan titled “9 key questions about the elimination of Israel” was posted on his Twitter account Saturday night, using the hashtag #handsoffalaqsa, in reference to the recent tensions on the Temple Mount.
The sometimes grammatically awkward list explained the how and why of Khomeini’s vision for replacing Israel with a Palestinian state. Continue reading
It was an interesting week last week. For one thing, Chinese company Alibaba debuted as the largest IPO in the history of the world. Larger than the Initial Public Offerings of Facebook, Twitter, Google, Apple, and Microsoft combined. At the same time, there was a Senate report indicating that China hacked U.S. military contractors in a significant way at least twenty times in the past year. In America, we celebrated the success of Wall Street, earning $300 million or so in underwriter fees. In China, they celebrated finding a path to dethrone American technology dominance (from the official Chinese News Agency): Continue reading
Russia is making plans to ensure state control over the country’s internet traffic in a national emergency, Russian media report.
War or an Arab Spring-style uprising would class as such an emergency.
Plans for boosting cyber security are reported to be under discussion in Russia’s Security Council. They include a back-up in case Russia is cut off from the internet, Vedomosti news says.
Russia currently relies heavily on foreign hosting of websites. Continue reading
There’s still much that’s unclear about Tuesday’s revelation that a small group of hackers in Russia have amassed a database of 1.2 billion stolen user IDs and passwords. The company that disclosed the incident, Hold Security, didn’t offer any fresh information Wednesday, but here are five questions we’d like to see answered (and a bonus one that we already know the answer to).
What are the hackers going to do with them?
The answer to this depends partly on the previous two questions. If they are fresh credentials for important services like online banking, they are ripe to be used to siphon money from online accounts. If they are older or from little-used services, they might be used to send spam by email or post it in online forums. Continue reading
Which is precisely why they have asked Pakistan for troops, previously said to have been in the 30,000 range. If the House of Saud goes, so does the calm portion of Arab world — and for good. What’s more, and bit of a side note, is noting how U.S. agencies mine social media to get a feel for the real social-political climate of a nation, even its own.
Officials: ‘Crowd-sourced’ assassination campaign aimed at destabilizing Saudi Arabia
The ultra-violent al Qaeda offshoot group Islamic State of Iraq and the Levant (ISIL or ISIS) has targeted Saudi Arabian intelligence officers for a campaign of assassination as part of plans by the group to expand activities inside the oil-rich kingdom.
The campaign, according to U.S. officials, appears aimed at destabilizing Saudi Arabia, the location of two of Islam’s holiest cities.
U.S. officials said social media monitoring indicated that thousands of Saudis are supporting ISIL, as indicated by social media use. Twitter users in the kingdom account for 40 percent of all Twitter users in the Arab world. Continue reading
Your new post-America superpower:
Süddeutsche Zeitung, NDR and WDR have turned up secret documents belonging to the Bundesnachrichtendienst (BND), Germany’s counterpart to the NSA. It seems the BND is jealous of the digital espionage capabilities of the NSA and the U.K.’s GCHQ, and wants to up its game.
The documents warn that, if the BND doesn’t get the €300 million ($409 million) it needs to run expanded surveillance activities until 2020, Germany will fall behind even Italy and Spain in the spook stakes. They also suggest the spies hope to get their funding in the coming weeks. Continue reading
Kiev (CNN) — Ukrainian acting Interior Minister Arsen Avakov said Wednesday that the separatist protests in Ukraine’s eastern region would be resolved within 48 hours — either through negotiations or the use of force.
At the same time, Russia insisted that the presence of its troops just over the border was no reason to worry.
Using classified and commercial satellite imagery, the United States estimates there are up to 40,000 Russian troops on the border with eastern Ukraine. NATO has also warned of a major troop buildup. Continue reading
It could be a difficult breakup between the US government and the Internet.
US officials say the move is part of a longstanding effort to privatize the technical oversight of the Internet. Continue reading
Iranian president Hassan Rouhani is taking to Twitter to gloat about the nuclear deal his country struck with the U.S. and other Western countries. Continue reading
Essentially, what we have is an overvalued market where investors have seen a prolonged period of rises and have jumped to the conclusion that the markets are all good again. However, they’re missing the critical fact that it’s all built on hot air. The best examples, like the article pointed out are Facebook, Pintrest and Twitter… all of which have never seen a profit, yet are suppoed to be worth millions and billions (Facebook). It’s a fool’s rush to the top of the financial mountain to see who the biggest idiot is before it all implodes in a financial crash likely worse than 2008’s, or possibly the worst in U.S. history.
One of the men that won the Nobel Prize for economics this year says that “bubbles look like this” and that he is “most worried about the boom in the U.S. stock market.” But you don’t have to be a Nobel Prize winner to see what is happening. It should be glaringly apparent to anyone with half a brain. The financial markets have been soaring while the overall economy has been stagnating. Reckless injections of liquidity into the financial system by the Federal Reserve have pumped up stock prices to ridiculous extremes, and people are becoming concerned. In fact, Google searches for the term “stock bubble” are now at the highest level that we have seen since November 2007. Despite assurances from the mainstream media and the Federal Reserve that everything is just fine, many Americans are beginning to realize that we have seen this movie before. We saw it during the dotcom bubble, and we saw it during the lead up to the horrible financial crisis of 2008. So precisely when will the bubble burst this time? Nobody knows for sure, but without a doubt this irrational financial bubble will burst at some point. Remember, a bubble is always the biggest right before it bursts, and the following are 15 signs that we are near the peak of an absolutely massive stock market bubble… Continue reading
He had also previously said around March of this year that the Muslim Brotherhood is no threat in the U.S.. More alarming information on Mohamed Elibiary, who has a pivotal role in the DHS, can be found at The Clarion Project:
Mohamed Elibiary, a member of the Department of Homeland Security Advisory Council, is under fire for tweeting that America is “an Islamic country,” reported the Washington Free Beacon. Continue reading
As mentioned in a previous post, the real scandal is that the foreign governments who are screaming the loudest, have been doing it as well.
AFP – French secret services intercept all communications in France, stocking telephone and computer data for years, daily newspaper Le Monde reported Thursday amid an international uproar over spying by the United States.
Government officials have not responded to AFP requests for comment on the Le Monde report, which said data from communications was being stored on a supercomputer at the headquarters of the DGSE intelligence service.
The DGSE “systematically collects electromagnetic signals emitted by computers in France, as well as the data feed between France and abroad: the entirety of our communications are being spied upon,” said the report. Continue reading