Western allies have little chance of influencing Libya

LONDON (Reuters) – With Libya sliding into anarchy – its prime minister was briefly kidnapped by militiamen on Thursday – Western countries are repeating their commitment to help the North African country complete its transition to democracy after its 2011 revolution.

Fed officials split on policy, united on default danger

ST LOUIS/ BOISE, Idaho (Reuters) – While officials of the Federal Reserve have sparred over whether the U.S. central bank should continue full-bore with its massive bond-buying stimulus, two Fed officials with differing policy views agreed on Thursday that a national debt default could have devastating effects.

G20 hopes grow for U.S. deal to avert default

WASHINGTON (Reuters) – Top finance officials from the G20 leading economies looked set to keep their focus on the receding risk of a U.S. default at talks on Friday as hopes grew that Washington could soon clinch a stop-gap deal to ensure it can keep paying its bills.

Malala Yousafzai speaks of Nobel hopes

NEW YORK (Reuters) – Pakistani teenager Malala Yousafzai, who was shot in the head by the Taliban for campaigning for girl’s education, spoke on Thursday of the possibility of winning this year’s Nobel Peace Prize and said she might like to be Pakistan’s prime minister one day.

Analyst Believes iWatch Will Feature Home Automation, Be More Than iPhone Companion

iwatchThe much-rumored iWatch may be more than a simple iPhone companion and instead be a gateway device to allow customers to control various functions within their home, according to a new research note by Topeka Capital Markets analyst Brian White.

As an Apple supplier, our contact offered insight into the “iWatch” and described this potential new device as much more than an extension of your iPhone but as a multi-purpose gateway in allowing consumers to control their home (i.e., heating/cooling, lights, audio, video, etc.).

This functionality would mirror the abilities of apps by Philips and Nest to power their Hue lightbulbs and Nest Thermostat, allowing users to control lighting and temperature from simple commands on their device. However, as those services require additional accessories it would likely mean Apple would have to manufacture these accessories themselves or create some kind of licensing program for third parties, like AirPlay.

While it’s not surprising the iWatch could be more than an iPhone companion, as evidenced by repeated reports that the iWatch may have some Nike Fuelband-like health sensor technology built in, it is surprising the new product would integrate with users’ homes.

White himself has not shied away from surprising reports, claiming that an Apple television set with an ‘iRing’ motion control remote would be coming this year and that the iPhone 5s would come in multiple sizes. Although he did also predict there would be multiple color choices for the next iPhone.

Two iWatch models, with 1.3- and 1.6-inch 320×320 AMOLED screens, are rumored to be arriving at some point next year.


Obama, Republicans aim to end crisis after meeting, hurdles remain

WASHINGTON (Reuters) – President Barack Obama and Republican leaders appeared ready to end a political crisis that has shuttered much of the U.S. government and pushed the country dangerously close to default after meeting at the White House on Thursday.

Accused Colorado gunman’s computer used to search ‘rational insanity’

CENTENNIAL, Colo. (Reuters) – A computer belonging to accused gunman James Holmes, who claims he was insane when he shot dead 12 Colorado moviegoers last year, contained an internet search for the term “rational insanity,” a police officer testified on Thursday.

Mother of jailed U.S. missionary in North Korea to see son

SEATTLE (Reuters) – The mother of jailed U.S. missionary Kenneth Bae has arrived in North Korea to visit her ailing son, who was sentenced to 15 years of hard labor in May on charges of state subversion, his family said on Thursday.