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Thomson Reuters News Pro story - Larry King ends CNN stint with nostalgia and family

au revoir

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LOS ANGELES (Reuters) - Larry King, the gruff CNN personality whose nonconfrontational interviews were a hit with newsmakers and viewers for 25 years, signed off at the cable news channel on Thursday with a series of reminiscences from big names, old pals and family members.

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Reuter site - Analysis: Gorilla Glass could become Corning's King Kong

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Analysis: Gorilla Glass could become Corning's King Kong

Wed, Dec 15 18:28 PM EST

By Liana B. Baker

NEW YORK (Reuters) - Corning Inc has developed a clean, razor thin glass that is sturdy enough to withstand everyday scratches -- a dazzling breakthrough that has done little for its bottom line.

But Corning's efforts could soon start paying off thanks to the explosive demand for touchscreen devices such as Motorola Inc's Droid phones and Samsung Electronic Co Ltd's Galaxy Tab that need tough, scratch-resistant glass.

Corning, known as Corning Glass Works until 1989, could use a hit. The company's shares are down more than 3 percent this year and analysts worry about the future of its biggest business: liquid crystal display, a thin, electronic display used in computer monitors and in other panels.

The problem is LCD is also widely used in flat screen TVs -- and consumers have shown little appetite lately for TV sets with all the latest bells and whistles.

Enter Gorilla Glass, which scientists starting developing in 2006 after drawing on breakthroughs from a 1960 project called "Project Muscle." Corning is betting Gorilla Glass can diversify its business -- giving it a hedge against a fading LCD market -- and make the company a supplier for a new range of consumer devices.

"Corning need a new growth driver and I think Gorilla will be that growth driver," said UBS analyst Nikos Theodosopoulos.

Corning, which produced the windows for some of the earliest spacecraft and invented Pyrex glass during the course of its 159 years of existence, has launched a new ad campaign for the glass, touted it on conference calls and made clear it expects the business to ramp up quickly.

It says sales of the glass could double next year to $800 million.

One analyst, Yair Reiner of Oppenheimer & Co, estimates Gorilla Glass will make up 13 percent of Corning's $7.5 billion sales next year and between 5 percent and 7 percent of its profit.

Jim Steiner, head of Corning's specialty materials division, said a major reason for the growth projections is the expanding smartphone and tablet markets.

It is widely believed that Gorilla Glass is a component in Apple Inc's iPhones and iPads, even though neither company would confirm it. And Corning is betting that demand for its glass will get a bump as other companies such as Acer Inc and Dell Inc release rival tablets.

"We believe a high percent (of tablets) will have cover glass," Steiner said.

But Gorilla Glass' future still depends on TVs because they require more glass than pocket devices. Steiner said TVs covered by Gorilla Glass will appear next year.

Wall Street is waiting to see whether TV manufacturers include the glass in designs to give the sets greater durability and a sleeker look. That would represent a potentially huge market for the new material, even if TV sales dwindle, since Gorilla Glass is starting from zero market share. Ten years ago, Corning's LCD business was about the same size as Gorilla Glass, with most of its profit coming from components for the telecommunications industry.

"Gorilla is just like LCD when it started out as 5 percent of sales and then ramped and became a massive product," said Theodosopoulos.

And while investors still expect Corning shares to be closely tied to the fortunes of the LCD business, that could be changing soon, says Kendall Anderson of Anderson Griggs Portfolio Management, which has funds that hold Corning shares.

"For Corning, the growth story is three to five years and I've got confidence in Gorilla Glass," Anderson says.

(Reporting by Liana B. Baker; editing by Paul Thomasch and Andre Grenon)

Thomson Reuters News Pro story - Management Tip of the Day: Ways to manage your online image

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BOSTON (Reuters) - Your name is out there on the Internet, whether you like it or not, so you might as well take control of your online identity, says Harvard Business Review.

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TIME Mobile: Facebook CEO and Co-Founder Mark Zuckerberg. Dig in http://bit.ly/gwWLKm

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Reuter site - Assange back in jail as Sweden appeals bail

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Assange back in jail as Sweden appeals bail

Tue, Dec 14 14:51 PM EST

By Peter Griffiths

LONDON (Reuters) - WikiLeaks founder Julian Assange, a target of U.S. ire for releasing secret cables, returned to a London jail on Tuesday pending an appeal over a decision to free him on 200,000 pound ($317,400) bail for alleged sex crimes.

British judge Howard Riddle had initially granted Assange bail but prosecutors, representing Swedish authorities,

challenged the decision before the 39-year-old Australian had left the court in central London.

"An appeal will be held within the next 48 hours and you will remain in custody," the judge told Assange, who nodded and said, "I understand," before being led from the dock by security guards.

Assange, who has spent a week in solitary confinement in London's Wandsworth prison, is fighting attempts to extradite him to Sweden for questioning over allegations of sexual misconduct made by two female WikiLeaks volunteers, accusations he denies. An extradition hearing is set for January 11.

Mark Stephens, a lawyer for Assange, accused Swedish authorities of persecuting him. "This is really turning into a show trial," he told reporters.

He called Assange "an innocent man sitting in Dickensian conditions, Victorian conditions in Wandsworth jail."

Assange and his lawyers have voiced fear that U.S. prosecutors may be preparing to indict him for espionage over WikiLeaks' publication of the U.S. diplomatic documents.

Assange has long been a thorn in the side of Washington. U.S. anger reached new heights after WikiLeaks began publishing part of a trove of 250,000 secret cables.

CASH SOUGHT

Judge Riddle had earlier ruled that, pending the extradition hearing, Assange could be freed under strict conditions including electronic tagging and a curfew. He would have had to report to police daily and post a 200,000 pound bond.

Stephens said that raising the cash could further delay Assange's release despite backing from figures including U.S. filmmaker Michael Moore, Australian journalist John Pilger, and Jemima Khan, former wife of Pakistani cricketer Imran Khan.

"There is a problem because he's been granted bail on condition that 200,000 pounds cash is paid into this court here and that's an awful lot of money," he said.

"It's a pity that he can't use Mastercard or Visa in order to assist him to arrange that," Stephens added in a swipe at two credit card companies targeted by activists for blocking donations to WikiLeaks.

Riddle denied Assange bail a week ago on grounds he might abscond but said he had changed his mind because Assange had provided a British address and because discrepancies over his passport and right to stay in Britain had now been resolved.

Assange is alleged to have sexually molested one woman in Sweden by ignoring her request to use a condom when having sex with her. Another woman alleged Assange had sex with her without a condom while she was asleep.

Defense lawyer Geoffrey Robertson said the rape allegation against Assange came under the least serious of three categories outlined in Swedish law.

"In this country the word rape rings all sorts of alarm bells. When we look at the Swedish system...it is very, very different. We doubt this category would be rape under English law," he told the court.

Prosecution lawyer Gemma Lindfield, acting for the Swedish authorities, contested this and said nothing had changed.

"He remains a significant flight risk and no conditions that court can impose could prevent his flight," she told the court.

IMPASSIVE ASSANGE

Assange, wearing a navy suit and open-necked white shirt, spoke only to confirm his name, age and address.

He sat impassively behind tall panels of thickened glass during the initial hearing, which lasted a little over an hour.

One of the main conditions of his bail is that he lives at Ellingham Hall, a country mansion in the county of Suffolk in eastern England that is the home of a former army officer and Assange supporter, Vaughan Smith.

Two of Assange's backers took the witness stand to offer 20,000 pounds each to act as a surety.

Smith called him as a "very honorable person, hugely courageous, self-deprecatory and warm."

However, he clearly divides opinions.

An ABC News/Washington Post poll released on Tuesday showed that 59 percent of Americans believed the United States should try to arrest Assange and charge him with a crime related to the disclosure of the cables.

Reuter site - WikiLeaks rival Openleaks "coming soon": website

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WikiLeaks rival Openleaks "coming soon": website

Mon, Dec 13 08:48 AM EST

LONDON (Reuters) - The former deputy to WikiLeaks founder Julian Assange is vowing to launch a rival site soon that he says will be more transparent than the original.

Dubbed "Openleaks" (http://www.openleaks.org) and run by Assange's former number two at WikiLeaks Daniel Domscheit-Berg, the site has no content on it at the moment apart from a logo and the message "Coming soon!"

In an interview with the OWNI technology website, Domscheit-Berg declined to go into the details of his dispute with Wikileaks but suggested it had strayed from its mission.

"In these last months, the organization has not been open any more, it lost its open-source promise," he said, adding that Openleaks plans to provide the means for leaked information to be published, without itself being a publisher.

U.S. and other authorities have cracked down on WikiLeaks and Assange since the site started publishing thousands of confidential U.S. diplomatic cables that have embarrassed the United States and other parties around the world.

Assange, a 39-year-old Australian who founded WikiLeaks in 2006, is in policy custody in Britain after a European arrest warrant was issued by Sweden, which wants to question him about allegations of sexual crimes. He denies the allegations.

Domscheit-Berg, who was previously involved with German hacker group the Chaos Computer Club, said Openleaks would begin trials in early 2011 and turn to bigger media later. It currently has 10 members.

"We are already drowning in applications," he said.

(Reporting by Georgina Prodhan; editing by Noah Barkin)