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Mozilla has recently released the beta of Firefox 7, the first to have Memshrink that can reduce Firefox’s memory usage in almost half the usual.



The Firefox 7 Beta for Linux, Mac and Windows is now available for download. For those who are already using the Firefox beta, their browsers will be updated automatically. A separate beta version of Firefox is also released by Mozilla for Android.



Firefox 7 is officially scheduled to be released on September 27, according to the Wiki page of Mozilla. Fisher Capital Management notes that Firefox 6 brought very little noticeable changes, from the vantage point of end users as the big changes in the interface happened in version 4.

http://www.business-standard.com/india/news/euro-zone-leaders-get-warningcentral-bankers/448231/



Germany is divided over Europe’s bailout fund. Finland may be jeopardising Greece’s latest rescue. And Italy is suddenly backpedaling on austerity.

Jean-Claude Trichet and Mario Draghi, the current and incoming presidents of the European Central Bank, had a sharp message for Europe’s leaders on Monday as financial markets swooned: Get your act together.



At a conference in Paris focusing on the world three years after the collapse of Lehman Brothers, Europe’s top central bankers couched their admonishment in diplomatic terms. But the warning was clear: Politicians are still not moving quickly enough to ensure that the European debt crisis doesn’t become seriously worse.



“The solvency of sovereign states should not be taken for granted,” Draghi said as the bond yields of Greece, Italy and other countries with weak finances jumped amid increased investor nervousness. Global stocks also posted steep declines amid worries about the health of the US economy and Europe’s sovereign debt woes.

Europe needs to “make a quantum step up in economic and political integration,” Draghi said.

Trichet, who will be replaced by Draghi when his term expires at the end of October, renewed his call for European politicians to “imagine a federal government, with...

http://www.business-standard.com/india/news/euro-zone-leaders-get-warningcentral-bankers/448231/



Germany is divided over Europe’s bailout fund. Finland may be jeopardising Greece’s latest rescue. And Italy is suddenly backpedaling on austerity.

Jean-Claude Trichet and Mario Draghi, the current and incoming presidents of the European Central Bank, had a sharp message for Europe’s leaders on Monday as financial markets swooned: Get your act together.



At a conference in Paris focusing on the world three years after the collapse of Lehman Brothers, Europe’s top central bankers couched their admonishment in diplomatic terms. But the warning was clear: Politicians are still not moving quickly enough to ensure that the European debt crisis doesn’t become seriously worse.

Credit-default swaps on News Corp. (NWS) are the highest on record relative to its media peers as Standard & Poor’s says it may cut the publisher’s bond rating because of risks associated with the phone-hacking scandal.

The cost of protecting debt of the owner of the Fox TV networks and the Wall Street Journal from default soared 58 basis points this month to 142 basis points as of yesterday, compared with an increase of 10 basis points for the average contract on Rupert Murdoch’s company and its four biggest competitors. Relative yields on News Corp.’s bonds have risen 31 basis points, while those of similar companies widened one basis point, Bank of America Merrill Lynch index data show.

S&P said in a statement it may lower New York-based News Corp. (NWSA)’s BBB+ corporate credit rating after “broadening legal inquires” into the phone-hacking scandal centering on the defunct News of the World newspaper “increased business and reputation risks” for the media company. The review came just five days after the ratings company said the outlook was stable.

“The court of public opinion can be fairly merciless, and that’s the bigger headwind now,” Tom Farina, managing director at Deutsche Insurance Asset Management in New York, which oversees $200 billion, said in a telephone interview. While News Corp. may not see “direct financial ramifications,” the reputational damage is the larger risk, Farina said. ...

Rupert Murdoch was recently forced to close his first news publication News of the World following the scandal involving hacking 9/11 survivors families, Gordon Brown medical records, and many other alarming circumstances. The video provides a good summary of the scandal and how it could effect Fox News.

To view another video and to see a list of all media that falls under Rupert Murdoch's Media Empire News Corp. see the following article Boycott Rupert Murdoch and News Corp.

To vote, view the video, and to read the rest of this article, please visit this link!

Rupert Murdoch and Newscorp has gotten itself wrapped up in quite the scandal. The video gives a great summary of everything going on.

A few campaigns have started to boycott Rupert Murdoch and his Media Empire. The following is a list of a few of those in which you can join and to see what a successful boycott of the Rupert Murdoch Media Empire includes....to vote, view video, and view the rest of this blog, please visit the link provided!