Video Games May Become China’s Best Cultural Export: Adam Minter
published Jul 5th 2016, 8:12 pm, by Adam Minter (Bloomberg View) — When Chinese internet giant Tencent acquired the Finnish video game developer Supercell last month for $8.6 billion, it became the world’s dominant publisher and distributor in the $100 billion gaming market. It was a blockbuster deal: No other
Devotional 7/06: My Son, the Idiot
As a huge fan of the former tv show, Entourage I had to see the movie version last summer. In this film, they are trying to get a movie financed by a guy named McCredle played by Billy Bob Thornton. McCredle sends his son to Hollywood to be wined and dined by Vinny
Netanyahu Roams East Africa to Find Deals, Mark Entebbe Raid
published Jul 4th 2016, 6:43 pm, by Jonathan Ferziger (Bloomberg) — Prime Minister Benjamin Netanyahu opened a four-country Africa trip with a stop in Uganda, where a daring Israeli rescue mission led by his brother 40 years ago played a pivotal role in launching his political career. Netanyahu is trying
Libya Oil Comeback Unlikely as Political Stalemate Endures
published Jul 4th 2016, 9:26 pm, by Ghaith Shennib and Caroline Alexander (Bloomberg) — The end of a split in Libya’s National Oil Corp. marks a small step toward healing the divided country, but the political stalemate that shut down of most of its crude production is as entrenched as
Silver Slumps After Biggest Two-Day Gain Since ’11; Gold Drops
published Jul 4th 2016, 9:59 pm, by Ranjeetha Pakiam (Bloomberg) — Silver tumbled after posting its biggest two-day advance in five years, with precious metals declining as the dollar snapped five days of losses. Silver for immediate delivery lost as much as 3.9 percent to $19.5325 an ounce and traded
Credit-Card Companies Know How Little You Know: Noah Smith
published Jun 30th 2016, 11:01 am, by Noah Smith (Bloomberg View) — When I was 22, I wondered how credit-card companies made money. I had two cards at the time. They were free to use. Every month I would buy things with the cards, and — because I used auto-pay
Saudis Framed for Sept. 11 But Guilty of Fueling Hate: Eli Lake
published Jun 30th 2016, 2:24 pm, by Eli Lake (Bloomberg View) — It’s not a great moment to be a Saudi diplomat in Washington these days. The Republican presidential candidate thinks your country should pay for U.S. military protection. The Democratic president is seeking warmer ties with your arch-enemy, Iran.
Emerging Markets Rally From Brexit as Central Banks Stand Ready
published Jun 30th 2016, 10:16 pm, by Choong En Han and Elffie Chew (Bloomberg) — Emerging-market stocks headed for the biggest weekly gain in four months and currencies rallied with oil as sentiment improved on signs central banks stand ready to inject liquidity after the U.K.’s shock decision to leave
China’s Censors Know Where the Cool Kids Hang lol ;) Gadfly
published Jun 29th 2016, 4:00 pm, by Tim Culpan (Bloomberg) — It’s nice to see that China’s censors are keeping up with what’s hip and happening among the world’s largest Internet population. When search engines and bulletin boards were all the rage, the government made sure it kept abreast of
Post-Scalia Court Has Liberals Winning, Conservatives Venting
published Jun 28th 2016, 2:21 pm, by Greg Stohr (Bloomberg) — A U.S. Supreme Court in transition offered glimpses of what a liberal majority might mean as the justices closed their term by strengthening abortion rights and bolstering college affirmative action. Transformed by Justice Antonin Scalia’s unexpected Feb. 13 death,