Rocket Internet Fizzles as Biggest Investor Halves Stake

A collaboration that created some of Europe’s largest e-commerce businesses moved closer to dissolution on Thursday when Swedish investment group Kinnevik AB announced it had halved its holding in Rocket Internet SE. The relationship between Rocket, one of Germany’s most prominent internet companies, and Kinnevik, once its top external investor, has continued to fray over recent months as Rocket struggled to prove its holdings could turn profitable. Rocket has established and nurtured over 100 web startups since 2007, but...

February 23, 2017 16:30 UTC

What's New On Netflix For March 2017?

Welcome (back) to “Jurassic Park.”New additions to Netflix next month include the movie, “The Discovery,” a film where the world freaks out after learning there is life after death. Also, the “Jurassic Park” trilogy is back from extinction. All three movies were taken off of Netflix last year. But life finds a way ... Hold onto your butts: Here’s the rest of the list.

February 23, 2017 16:30 UTC

Bargain Hub-Buster: Norwegian Air To Connect Smaller U.S. Cities To Europe

Summer travel to Europe is about to get cheaper and more accessible for Americans living in out-of-the-way areas of the American Northeast. Norwegian announced today new routes to the British Isles from airports near Hartford, Providence and New Windsor, N.Y. The trick to offering such low fares, according to airline CEO Bjorn Kjos, is in part, operating out of smaller airports. “You fly out of low cost airports and into low cost airports and that takes away a portion of your expenses,” he told me. Norwegian already offers 40 nonstop routes from U.S. gateway cities like New York, Oakland and L.A. to London, Paris, Scandinavia and the Caribbean.

February 23, 2017 16:25 UTC

What You Need To Know About Depression At Every Age

Below are just a few ways the mental health condition affects each age differently. There was a problem processing your signup; please try again later FacebookTwitterYoutubeParents often misread mental health symptoms in their kids. “We tend to think of depression symptoms as sleeping or eating too much or even voicing it, but it’s different with kids,” Riba said. In this age group, there’s typically a comorbidity of the mental health condition with other illnesses, such as cancer or diabetes. “There’s no health without mental health,” she explained.

February 23, 2017 16:24 UTC

Jameis Winston says he used 'poor word choice' after telling kids that girls are 'supposed to be silent'

"During my talk, I used a poor word choice that may have overshadowed that positive message for some." The ladies, sit down," Winston told his audience. Caption Dodgers FanFest: Take me out to the ball game Sights and sounds from Saturday's Dodgers FanFest at Dodger Stadium. Caption Dodgers FanFest: Take me out to the ball game Sights and sounds from Saturday's Dodgers FanFest at Dodger Stadium. Sights and sounds from Saturday's Dodgers FanFest at Dodger Stadium.

February 23, 2017 16:18 UTC

At CPAC, Walker urges Republican leaders to 'go big, go bold'

Conservatives’ signature Washington gathering moved into full swing Thursday with calls from an influential GOP governor for the party to “go big, go bold,” now that Republicans have control of Congress and the White House for the first time in a decade. The conference at National Harbor in Maryland features a host of lawmakers and officials -- including top White House advisers and Vice President Pence on Thursday, and President Trump on Friday morning. The conference was from the outset a departure from recent CPAC gatherings, which for the last eight years were used to bash the Obama administration. “The conservative movement has elected a Republican president,” American Conservative Union Chairman Matt Schlapp said Wednesday, at the start of the annual conference, which his group sponsors. Schlapp said Wednesday that CPAC invited Yiannopoulos because the backlash he faced for his college talks were part of a large, chilling effect regarding free speech on campus.

February 23, 2017 16:18 UTC

True Profit Picture At Phillips 66 Much Brighter Than Reported Numbers

The analysts work tirelessly to uncover red flags hidden in the footnotes and make the models the best in the business. Tuesday was the first day of filing season. Figure 1 shows the work the analysts did yesterday. As filing season goes on, I’ll compile the total amount of work performed by the analysts over the whole period. Figure 1: Filing Season Diligence

February 23, 2017 16:12 UTC

The Future Of Reykjavik, Iceland: New Luxury Hotels And A Secret Billionaire Hunting Lodge

The capital city Reykjavik was discovered in 1786 and home to Viking settlements as early as 874 AD. I spoke at length with Jóhannes Ásbjörnsson, the owner of the luxury hotel Tower Suites, whose company also owns The Trophy Lodge, located in the countryside town of Úthlíð. You could go through the Tower Suites front desk to get information, but it’s something that is not available online and only by referral. We have groups staying at Tower Suites for two nights and then taking helicopters to the country and two nights there. The Tower Suites are built with the same idea, by not being aggressive in marketing.

February 23, 2017 16:12 UTC

Google Just 'Shattered' An Old Crypto Algorithm -- Here's Why That's Big For Web Security

It might not sound like the most important milestone in cybersecurity, but today Google cracked an old cryptographic algorithm called SHA-1. But using some extreme maths and computing power, that's what Google did, alongside researchers from the CWI Institute in Amsterdam, with two distinct PDFs. For instance, the Chrome browser will automatically mark any SSL certificate signed using SHA-1 as insecure. The Shattered attack, as named by Google, could work in select scenarios where SHA-1 is still trusted. To be clear, anyone wanting to carry out the attack for real would require astonishing computing power.

February 23, 2017 16:08 UTC

In an unusually hostile message, North Korean state media accuse ‘friendly neighbor’ of ‘dancing to U.S. tune’

North Korean leader Kim Jong Un visited the People's Theater on Wednesday to mark the 70th anniversary of the founding of the State Merited Chorus in Pyongyang. (Korean Central News Agency via KNS/AFP)In an unusual commentary released by state media Thursday, North Korea accused a foreign country that claims to be a “friendly neighbor” of measures tantamount to an attempt to bring down the Pyongyang regime. [North Korea says Malaysia can’t be trusted to investigate the killing of leader’s half brother]However, relations between China and North Korea have become strained in recent weeks by a number of key events. Beijing announced last week that it was suspending all coal imports from North Korea until the end of the year. Now it appears that North Korea may be trying to send a message to Beijing, too.

February 23, 2017 16:07 UTC

Ronaldo Beats Messi By 800% When It Comes To Return On Social Media For Their Brands

They are close rivals in almost all respects, except when it comes to social media. But when it comes to the value generated from those accounts, Messi gets lapped by Ronaldo, according to data from Hookit, which measures the social and digital media value for brands. Messi has a vast following, but he produced “only” $53.5 million in value for Adidas on social media during 2016. Ronaldo’s 36 promoted posts featuring the Adidas three stripes produced $50 million in media value thanks to 45 million interactions, per Hookit. Messi was much more restrained in his social posts featuring the Nike Swoosh.

February 23, 2017 16:07 UTC

This foam stops bullets cold and pulverizes them to dust

Foam body armor? In tests conducted by the development team, the foam body armor was able to defeat an armor-piercing bullet. The strike face - the side facing the weapon - was made with the new composite metal foam together with boron carbide ceramics. In basic terms, the foam is a composite metal foam. For example, their lightweight stainless steel foam was far more effective than stainless steel.

February 23, 2017 16:07 UTC

Kellyanne Conway’s uniquely feminist opposition to feminism

White House senior adviser Kellyanne Conway spoke about feminism, working in the the Trump administration and what the president is like in private at the 2017 Conservative Political Action Conference, Feb. 23. (The Washington Post)On Wednesday night, Kellyanne Conway explained her unusual week-long absence from the TV airwaves by citing her four children. And at the end of her discussion, which kicked off the Conservative Political Action Conference (CPAC) on Thursday morning, she implored women to demand equal pay. That's really to me what conservative feminism, if you will, is all about.”Given that feminism is generally more associated with the political left, powerful conservative women are often asked to account for whether they identify with it. And Conway's take on feminism is one that many conservative women share.

February 23, 2017 16:06 UTC

Pope Francis suggests it’s better to be an atheist than a hypocritical Catholic

Pope Francis, flanked by Rabbi Abraham Skorka, talks with a child during the presentation of a special edition of the Torah at the Vatican on Feb. 23. (Osservatore Romano via AFP)On a typically busy morning at the Vatican, Pope Francis spoke at least twice on Thursday in ways that recognized the values of other religious outlooks while he promoted the faithful practice of Catholicism. He remarked soon after becoming pope that even atheists can go to heaven thanks to the redemption of Jesus. On Thursday, Skorka led a group of rabbis to the Vatican, where they gave Francis a new edition of the Torah. On Thursday, Francis described dialogue between Christians and Jews today as “ongoing and collaborative.”Want more stories about faith?

February 23, 2017 16:01 UTC

Schools Stand Up For Trans Students As GOP Withdraws Protections

Multiple schools around the country were quick to stand up against President Donald Trump’s decision to rescind protections of transgender students, announcing plans to maintain their policies regardless of the White House’s stance. Several education officials around the country responded to Trump’s announcement by saying they would continue to protect transgender students in their schools. “The District embraces all students and remains committed to affirming a safe, productive learning environment for everyone.”Philadelphia School District Superintendent William Hite echoed the sentiment in a statement to CBS News. “This announcement will not change any school district policy or city law that protects our students,” Hite said. In a series of tweets, his office said the federal government hadn’t hurt “transgender students’ longstanding rights in WA.”

February 23, 2017 16:00 UTC