Links: 2013-06-11
Apple
The design of iOS 7: simply confusing | The Verge
iOS 7 vs Android 4.2 Jelly Bean: What is exactly is “new”?
iTunes Radio? Pandora And Slacker Are Not Impressed | TechCrunch
Pandora May Get Played by iTunes – WSJ.com
Apple bonds lose 9% in six weeks – FT.com
Technology
Why Yahoo Could Become the Next Major TV Network – Bill Wise – Voices – AllThingsD
About that paywall… – The Washington Post
Markets
The real underpinning for equities | Gavyn Davies
Greece
ekathimerini.com | Optimism for a primary surplus
ekathimerini.com | Greece awakens from coma but recovery likely to be anemic
ekathimerini.com | At site of Nazi massacre, Tsipras urges gov’t to pursue Germany over reparations
Europe
Eurozone banks cut cross-border debt holdings – FT.com
“Eurozone banks have cut cross-border holdings of government and corporate bonds to such an extent they have wiped out all the progress towards the integration of the bloc’s debt markets achieved after the euro’s launch.
The striking “re-domestication” of eurozone bond markets is emerging as a significant side effect of six years of financial turmoil.”
Annuity rates down by 30pc since start of QE – Telegraph
Home sales hit three-year high as housing revival continues – Telegraph
Schäuble backs ECB’s monetary policy in court – FT.com
ECB to defend bond-buying plan in German courtroom duel | Reuters
German court says won’t be swayed by ECB bond-buying success | Reuters
German federal government has saved 100 billion euros in interest costs because of the fall in yields since 2008. If you include state governments, the savings is even greater for German government.
Armut im Alter: Viele Renten reichen nicht zum Leben – manager magazin
In 2012, 48% of German seniors received less than the base amount amount due them under the Hartz IV program. This indicates that senior poverty in Germany is aproblem under these new rules.
BBC News – Turkey protests: Riot police storm Taksim Square
BBC News – Turkey protests: Erdogan rejects EU criticism
Exclusive: EU to seek WTO ruling against Chinese steel duties – sources | Reuters
The price of Spanish housing has dropped 37% since 2007 but the pace of decline is now moderating
United States
S&P revises U.S. credit outlook to ‘stable’ from negative | Reuters
TIPS yield turns positive on 10-year note for first time since 2012 – The Tell – MarketWatch
Amanda Renteria To Be Nominated CFTC Chief
Bitcoin among virtual currencies targeted in US crackdown on tax evasion – Telegraph
Elsewhere
BBC News – China banks on desalination to help ease water woes
Yen rallies as Japan holds fire on stimulus – Telegraph
NSA Scandal
“One of the most notable pieces of equipment identified in Mr. Klein’s declaration is the NARUS Semantic Traffic Analyzer. According to the NARUS website, each NARUS device collects telecommunications data at the rate of ten gigabits per second and organizes the data into coherent streams based on the protocol associated with a specific type of collected data. A protocol is an agreed-upon way for data to be broken down into packets for transmission over the Internet, for the packets to be routed over the Internet to a designated destination and for the packets to be re-assembled at its destination. Protocols exist at each layer of the OSI (Open Systems Interconnection) 7-layer telecommunications model and are used for a wide variety of data, not just electronic communications. That means that NARUS can reconstruct all information transmitted through the peering network and forward all of the electronic communications to a database for analysis. The NARUS device can also select predetermined data from that path and forward the data to organizations having interest in the data. As I indicated above, the predetermined data would involve target addresses, locations, countries, and phone numbers, as well as watch-listed names, keywords, and phrases.”
The Massive Online Surveillance Program No One Is Talking About | ThinkProgress
Sen. Feinstein calls Snowden’s NSA leaks an ‘act of treason’ – The Hill’s DEFCON Hill
Tech Companies Tread Lightly in Statements on U.S. Spying – NYTimes.com
U.S. Relies on Spies for Hire to Sift Deluge of Intelligence – WSJ.com
What You Should Know About The Government’s Massive Domestic Surveillance Program | ThinkProgress
NSA spying scandal: what we have learned | World news | guardian.co.uk
The whistleblowers: ‘The truth sets you free’ | World news | The Guardian
How Edward J. Snowden Orchestrated a Blockbuster Story – NYTimes.com
How we broke the NSA story – Salon.com
How Glenn Greenwald Began Communicating With NSA Whistleblower Edward Snowden
The Dutch are also using information obtained via PRISM. The British are known to do so on this front. Similar to the Echelon alliance years ago during cold war:
https://en.wikipedia.org/wiki/ECHELON
Opposition, privacy watchdog question spy agency’s metadata collection – The Globe and Mail
In Canada, there is also widespread surveillance
Most Americans back NSA tracking phone records, prioritize probes over privacy – The Washington Post
European Parliament lashes out at “shocking” U.S. surveillance program — Tech News and Analysis
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