News: 2014-02-06

Telecom, Media and Technology

What Has Become of Business Journalism? : The New Yorker

Marc Andreessen talks about the evolution of the news business and why he is optimistic — Tech News and Analysis

As fast mobile connections surge, 2G begins its long, slow global decline — Tech News and Analysis

Why Satya Nadella Is Too Safe a Choice for Microsoft CEO

Apple Quietly Builds New Networks – WSJ.com

Netflix Will Raise $400 Million To Fund European Expansion, Original Programming | TechCrunch

The coin prince: inside Bitcoin’s first big money-laundering scandal | The Verge

Hackers accessed Target’s network using credentials stolen from a contractor | The Verge

Twitter Crushes With Q4 Revenue Of $242.7M, But Shows Slow User Growth To 241M Actives | TechCrunch

Why Nadella is the right CEO for Microsoft in an age of big data and bigger platforms — Tech News and Analysis

Twitter Loss Exceeds Estimates as User Growth Slows – Bloomberg

North America

More Men in Prime Working Ages Don’t Have Jobs – WSJ.com

US shale under fire over thirst for water – FT.com

Fracking is depleting water supplies in America’s driest areas, report shows | Environment | theguardian.com

Philip Seymour Hoffman’s drug death: The science of addiction, recovery, and relapse.

Unemployment Tumbling in New Jersey as Many Leave Labor Force – Real Time Economics – WSJ

Gloomy Mexican Consumers Raise Questions About Rebound – Real Time Economics – WSJ

Rush to balance books could delay Canada’s economic recovery, says NDP | Financial Post

Pressing hawkish case, Fed’s Plosser wants sharper QE cuts | Reuters

Calculated Risk: ISM Non-Manufacturing Index increases to 54.0 in January

CVS becomes first big U.S. drugstore chain to drop tobacco | Reuters

Japan

Real Japanese Wages Slip, Posing Challenge to ‘Abenomics’ – Japan Real Time – WSJ

Emerging Markets

Shell: Argentina’s latest oil fight | beyondbrics

Markets

Sugar Posts Longest Rally in Five Months on Brazil Heat – Bloomberg

A Puerto Rico downgrade cheat sheet | FT Alphaville

S&P downgrades Puerto Rico: The turning of the wheel | MuniLand

Europe

ekathimerini.com | Greek yields drop on report EU mulling extending loans

“Greek 10-year yields slid 29 basis points to 8.12 percent with 30-year yields falling 24 bps to 7.82 percent, outpacing other eurozone peers including bonds issued by bailed-out neighbour Portugal”

BBC News – Eurozone retail sales fall sharply in December

“December’s sales fell by 1% compared to the same time a year ago, and by 1.6% compared to November. Both figures were much worse than analysts expected.”