Saturday, December 31, 2011

Weighing the Positives

Image: Mehau Kulyk/Photo Researchers, Inc.

It seems like every few months a new study points out the inefficacy of yet another wide-scale cancer screening. In 2009 the U.S. Preventive Services Task Force sug?gested that many women undergo mam?mograms later and less frequently than had been recommended before because there seems to be little, if any, extra benefit from annual tests. This same group recently issued an even more pointed statement about the prostate-specific antigen test for prostate cancer: it blights many lives but overall doesn?t save them.

More recently, researchers at the Dartmouth Institute for Health Policy and Clinical Practice announced that just because a mammogram (almost 40 million are taken every year in the U.S.) detects a cancer does not mean it saves a life. They found that of the estimated 138,000 breast cancers detected annually, the test did not help the vast majority of the 120,000 to 134,000 women afflicted. The cancers either were so slow-growing they did not pose a problem, or would have been treated successfully if later discovered clinically, or else were so aggressive that little could be done about them. Chest x-rays for lung cancer and Pap tests for cer?vical cancer have come under simi??lar criticism.

Individual cases dictate what tests and treatment are best, of course, but one factor underlying all these tests is a bit of numerical wisdom that, though well known to mathematicians, bears repeating: when one is looking for something relatively rare (not just cancer but even for, say, terrorists), a positive result is very often false. Either the ?detected? life-threatening cancer is not there, or it is of a sort that will not kill you.

Rather than looking at the numbers for the prevalence of the above cancers and at the sensitivity and specificity of each of the tests mentioned, consider for illustration cancer X, which, let us assume, afflicts 0.4 percent of the peo?ple in a given population (two out of 500)
at a certain time. Let us further assume that if you have this cancer, there is a 99.5 percent chance you will test positive. On the other hand, if you do not, we will assume a 1 percent chance you will test positive. We can plug these numbers into Bayes? theorem, an im?portant result from probability theory, and get some insight, but working directly through the arithmetic is both more illustrative and fun.

Con?sider that tests for this cancer are administered to one million people. Because the prevalence is two out of 500, approximately 4,000 (1,000,000 x 2/500) people will have it. By assump?tion, 99.5 percent of these 4,000 people will test positive. That is 3,980 (4,000 x 0.995) positive tests. But 996,000 (1,000,000 ? 4,000) of the people tested will be healthy. Yet by assumption, 1 percent of these 996,000 people will also test positive. That is, there will be about 9,960 (996,000 x 0.01) false positive tests. Thus, of the 13,940 positive tests (3,980 + 9,960), only 3,980/13,940, or 28.6 percent, will be true positives.

If the 9,960 healthy people are sub?jected to harmful treatments ranging from surgery to chemotherapy to radi?ation, the net benefit of the tests might very well be negative.

The numbers will vary with different cancers and tests, but this kind of trade-off will always arise in that nebulous region between psychology and mathe?matics. A life saved because of a test, though not that common, is a much more psychologically available outcome than the many substantial, yet relatively invisible, ill effects to which the test often leads.

Source: http://rss.sciam.com/click.phdo?i=24dc76b891102996fbb6b985f1180a2c

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Lindsay Lohan not on board for Dubai New Year's boat bash (Reuters)

LOS ANGELES (TheWrap.com) ? Rest easy, everyone, Lindsay Lohan is not returning to her partying ways.

At least not in Dubai on New Year's Eve.

Despite earlier reports that the actress/recent Playboy cover model would be ringing in 2012 at a star-studded gala aboard the ocean liner QE2 in the United Arab Emirates city, Lohan's spokesperson says she won't be in attendance.

"At no point was Lindsay ever considering going to Dubai for New Year's Eve," the actress' representative told TheWrap.

Rumors that the "Mean Girls" star would be welcoming 2012 in Dubai began to swirl after reports emerged that Lohan would participate in a party on the QE2 -- currently docked at Dubai's Port Rashid Cruise Terminal -- that would also be attended by former "Baywatch" babe Pamela Anderson and British cricket player Allan Lamb.

TheWrap's request for comment from Anderson's representative has not yet been answered.

Lohan is so angry about the party rumors that her attorneys are preparing to issue a cease-and-desist order to the organizers of the party, TMZ reports. Lohan's representative declined to comment on any potential legal actions on the actress' part.

Earlier this week, TMZ reported that the actress, who in the past has reportedly raked in big paydays for attending parties, had shot down a number of offers to attend New Year's Eve soirees in light of her recent legal woes.

Lohan is currently working through a regimen of community service and therapy sessions, after violating her probation stemming from a DUI arrest. During a progress hearing earlier this month, Judge Stephanie Sautner praised the actress' efforts, telling her, "Miss Lohan, you have actually done your work."

Source: http://us.rd.yahoo.com/dailynews/rss/celebrity/*http%3A//news.yahoo.com/s/nm/20111230/people_nm/us_lindsaylohan

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Friday, December 30, 2011

Video: Money In Motion Web Extra

Web-only advice and information for currency traders, with CNBC's Melissa Lee and the Money In Motion traders.

Related Links:

Business & financial news headlines from msnbc.com

Source: http://video.msnbc.msn.com/cnbc/45829639/

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Tuesday, December 27, 2011

Tim Thomas, Aaron Rodgers Headline Top 11 Sports Performers of 2011

Tim ThomasEditor's note: As 2011 comes to a close, NESN.com takes a look back at the year in sports. Our "11 in 11" series will run during the last 11 days of 2011, reviewing the highs and lows of the memorable year that was.

Tim Thomas' level of play during the Bruins' Stanley Cup run last season was so high that he likely would have won the Conn Smythe Trophy as the MVP of the playoffs regardless of whether or not the B's defeated the Canucks in Game 7. The fact that he was able to help the B's seal the deal with another shutout is just further validation that he belongs on this year's list of top sports performers. In fact, he deserved to be on any such list before the postseason even began because of his superb regular season.

Aaron Rodgers and Dirk Nowitzki are other athletes who were no-brainers when it came to compiling a list of 2011's top 11 performers. Others, however, just squeaked by, slipping past those other athletes and coaches who enjoyed a solid year but ultimately didn't make our cut.

Judging by the talent of some of the names on our list, there's always the potential for some repeat performances in 2012. There are still those who you may have forgotten or who might surprise you, though.

Click here to see the Top 11 sports performers of 2011 >>

Source: http://www.nesn.com/2011/12/tim-thomas-aaron-rodgers-headline-top-11-sports-performers-of-2011.html

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Repurpose a Citrus Peel into a Seed Starter Pot [Repurpose]

Repurpose a Citrus Peel into a Seed Starter PotIf you get an orange in your Holiday stocking you can use the peel to make a pot to start seeds for your garden. To turn any citrus peel into a seedling pot you just need to poke a hole in the bottom of the peel for drainage, fill with potting soil, and add seeds and water.

Buy Nothing New weblog My Roman Apartment's author came up with the idea after losing her seed starting tray and having lots of leftover citrus peels. When the time comes to add the seedling to your garden you can even plant the citrus peel, but it's better to add it to your compost bin as it will take 6-9 months to decompose and will add acidity to your soil.

The best part is that since oranges, grapefruits, and lemons are springtime fruits in Florida and California they should be readily available to start seeds for your garden.

Garden Hack: A Citrus Peel Starter Pot For Seedlings | My Roman Apartment via Re-Nest

Source: http://feeds.gawker.com/~r/lifehacker/full/~3/mwDM9gvZVdI/repurpose-a-citrus-peel-into-a-seed-starter-pot

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Monday, December 26, 2011

AlexAllTimeLow: It's barely noon and Jesus is already 1347 shots in. Party animal.

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It's barely noon and Jesus is already 1347 shots in. Party animal. AlexAllTimeLow

Alexander William

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Source: http://twitter.com/AlexAllTimeLow/statuses/150980541544538112

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President of India?s Message on the Occasion of Christmas

The President of India, Smt. Pratibha Devisingh Patil today greeted fellow citizens on the auspicious occasion of Christmas, which will be celebrated tomorrow.

In a message, the President said, ?On the occasion of Christmas, I send my greetings and good wishes to all my fellow citizens.

Christmas is a time of great joy, cheer, hope and happiness. It proclaims Lord Jesus Christ?s message of love and sacrifice, compassion and service, courage and humility, peace and harmony?.

******

SH/
(Release ID :79202)

Source: http://pib.nic.in/newsite/erelease.aspx?relid=79202

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Sunday, December 25, 2011

avantgame: RT @Pompeysie: Steve Jobs On Gaming: It?s The Future Of Learning [Video] http://t.co/cJBPgtne via @zite

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Steve Jobs On Gaming: It?s The Future Of Learning [Video] zite.to/tsv0Qo via @zite Pompeysie

Simon Brookes

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Source: http://twitter.com/avantgame/statuses/150043098330832896

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Robert Easton, Accent Coach, Dies at 81

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Source: www.nytimes.com --- Saturday, December 24, 2011
Mr. Easton was the entertainment industry?s dean of dialects as well as an actor on radio and television and in the movies. ...

Source: http://feeds.nytimes.com/click.phdo?i=861e0215abbc7edd31b200f0740779a8

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Saturday, December 24, 2011

rsharp83: Ever since my childhood church burned on Christmas Eve I've been leery of candles in church. Everyone has a candle for this service...

Twitter / Randy Sharp: Ever since my childhood ch ... Loader Ever since my childhood church burned on Christmas Eve I've been leery of candles in church. Everyone has a candle for this service...

Source: http://twitter.com/rsharp83/statuses/150726868230881281

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The Best Featured Workspaces of 2011 [Best Of Lifehacker 2011]

The Best Featured Workspaces of 2011Each week we highlight the interesting workspaces of Lifehacker readers and others around the world. Today we're looking back at the 20 most popular workspaces from 2011 for your browsing and idea-gathering enjoyment.

The Best Featured Workspaces of 2011

The Compudesk: An Epic, Custom-Built All-in-One Desk

Today's featured workspace actually has a computer built into a desk with a glass top, for some pretty incredible illumination.
In the entry for the Cooler Master 2011 Case Mod Competition, Peter (a.k.a., L3p D3sk) describes the scratch build as having the following features: More ?


The Best Featured Workspaces of 2011

Transparent Monitors: A Space Enhancing Solution

Minimize the visual weight of your computer monitors by setting up a background that gives the monitor the illusion of transparency. Lifehacker reader Louish Pixel could have made his monitor background images anything at all, but he opted to make them a properly scaled photo of the room behind the monitor... More ?


The Best Featured Workspaces of 2011

The Single Cord Workspace

We love a good cable management scheme, and today's featured workspace has a great one. Flickr user jahue was inspired by the seemingly cable-free tables at the Apple Store and decide to make his own that has nothing but a power cord exposed. More ?


The Best Featured Workspaces of 2011

The Transformer Bed Workspace

Reader William Robinette wasn't satisfied with his desk options, so he hacked his IKEA bed to pieces, picked up some extra wood, and made himself a desk. More ?


The Best Featured Workspaces of 2011

The Five-Monitor, "Mission Control" Workspace

This featured workspace is also known as "holy crap, that's a lot of monitors!" It features a wide, encapsulating desk with five active displays curving around the user. More ?


The Best Featured Workspaces of 2011

Surrounded by Screens: A Multi-Tablet, Multi-Monitor Workspace

Today's featured workspace packs three screens, multiple touch devices, and Nendoroid Japanese figurines on one desk. Flickr user saebaryo's desk setup is an update from his 2010 workspace. More ?


The Best Featured Workspaces of 2011

A Collaborative Home Office with a Secret

Today's featured workspace, designed by Erica Islas, is not just a home office but also a bedroom. By day it's the workspace you see in the photo, but by night (or whenever, really) the desk slides out of the way and makes room for a murphy bed. More ?


The Best Featured Workspaces of 2011

The Suspended Hidden Workspace

Today's featured workspace turns an Ikea wall-mounted drawer into a sleek hideaway for a Mac Mini and peripherals. The unit, meant to hold DVDs, is just the right size to fit the computer, keyboard, external hard drive, router, etc. More ?


The Best Featured Workspaces of 2011

The Home Office Sandbox

If you've ever spent a day at your desk wishing you could put your feet in the sand and listen to the roar of the ocean, this unconventional home office is for you. Justin Kemp, an artist's assistant from Massachusetts, was inspired by the Beach Boys to set up a sandbox for his workspace. More ?


The Best Featured Workspaces of 2011

The Zen-Like Outdoor Workspace

Even a small backyard can be a beautiful outdoor workspace, as today's featured workspace shows. An empty backyard was transformed by the folks at HGTV into an inspirational place to think and write.
Small spaces are often ideal for streamlined Asian-influenced designs. More ?


The Best Featured Workspaces of 2011

A Spacious and Elegant Basement Workspace

Many basements are poorly lit, cramped dungeons that would be depressing to try to work in. Today's workspace is the antithesis of that; it's a spacious office with harmonized wood surfaces and clean lines. More ?


The Best Featured Workspaces of 2011

The Custom-Fit Workspace

Small office spaces are sometimes better designed when the desk takes up the whole width of the room, as this workspace shows. Instead of wasting space with a desk that was too short, Gary used Ikea shelves to expand his workspace. More ?


The Best Featured Workspaces of 2011

A Spacious Office in the Wall

Wide desks are often hard to come by but exceptionally useful when you require it (like with audio workstations), you want a desk ready for coworking, or you just want the room to create little sections to work. More ?


The Best Featured Workspaces of 2011

Movable and Adjustable Spaces: The Airstream Kitchen Office

Matthew Hoffman restored a 70s era Airstream trailer and hid the office in the kitchen. A restaurant-style booth makes for both a great working space and a place to eat.
More ?


The Best Featured Workspaces of 2011

Green and Grey: A Closet Workspace Makeover

When space is at a premium you have to fit your workspace in wherever you can. Today's featured workspace is tucked inside a closed turned home office. Lifehacker reader Chelsea McGowan had an ugly closet with cruddy bi-fold doors but no home office. More ?


The Best Featured Workspaces of 2011

The Open Build Desk

On the surface today's featured workspace looks, stylish desktop arrangement aside, fairly normal. Peeking under the hood, however, reveals that the guts of this Hackintosh setup are bolted right to the wall of the desk. More ?


The Best Featured Workspaces of 2011

The Floating Corner Desk

Today's featured workspace is an elegant, custom-built desk that makes smart use of available space by hanging everything on the wall. More ?


The Best Featured Workspaces of 2011

The Glowing Audio Workstation

Today's featured workspace comes from reader bcarpenterfh, who created a beautiful glowing desk for his home office. It's pretty much all there is to the space, but sometimes all you need is one really great piece of furniture. More ?


The Best Featured Workspaces of 2011

The Treehouse Workspace

Nobody ever said treehouses were just for children, or if they did they were apparently wrong. Treehouse building-company Blue Forest created today's featured workspace, providing a roomy office with plenty of room to work and relax. More ?


The Best Featured Workspaces of 2011

The DIY Floating Workspace

We've featured a few minimalist floating workspaces before, including one made from an Ikea DVD cabinet and another built into a corner, and today's workspace continues this trend, with a desk you can build yourself with just four oak boards and some brackets. This simple workspace is easy to build... More ?


So, there you have it. It's been a great year for finding workspace design inspiration, drooling over some great gear, and peeking into others' home office setups. Whether your favorite made the list or not, we'd love to hear about your favorite workspace posts in the comments. (And, remember, you can always show off your own workspace by adding it to the Lifehacker Workspace Show and Tell Pool on Flickr with some details about your setup. You just might see it as a featured workspace on Lifehacker.)

Source: http://feeds.gawker.com/~r/lifehacker/full/~3/f3MbhseT8Wc/the-best-featured-workspaces-of-2011

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Friday, December 23, 2011

Jimmy Kimmel ? I Gave My Kids A Terrible Christmas Present Video

Jimmy Kimmel has done it again! He challenged parents to post on You Tube video of ?I gave my kids a terrible Christmas present?. You may recall that he did this during Halloween, having parents tell their children that they ate all of their Halloween candy. The results were hilarious! So what sort of reaction do you think the kids in the video below will have to their rotten Christmas presents? Let us watch and learn! Jimmy Kimmel is making children cry again, asking parents to videotape them being given terrible Christmas presents. Image Credit: Wenn.com. I have to say, I feel especially sorry for the young girl whose mother gave her a sandwich for Christmas. Bad enough it was wrapped up in a container that the girl uses already, but her mom decided to take a big bite out it. The girl?s brother fared no better, getting a large toenail clipper as his ?special Christmas present? this year. He even offers to eat whats left of the sandwich since his sister does not appreciate it. Of course, we have at least one spot of a child getting very upset. He rants and raves, calling his parents all sorts of [...]

Source: http://feedproxy.google.com/~r/RightCelebrity/~3/O1fYaNFtqB4/

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World's Smallest Flash Drive Makes It Even Easier To Misplace 16GBs [Flash Drives]

I find it ironic that the company who now holds the record for world's smallest flash drive is in the business of promotional trade show tchotchkes. Because there's absolutely no room to brand this drive except for a hanging tag. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/FZiTE6bu9Ig/worlds-smallest-flash-drive-makes-it-even-easier-to-misplace-16gbs

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Thursday, December 22, 2011

UH-OH: Chinese And Australian Stock Markets Are Diving, Shanghai Composite Down 1.3%

Shanghai stock market

Image: AP

The Shanghai Composite is down 1.3% right now, extending a three day sell-off. ?Investors seem to be getting increasingly worried about a hard landing scenario.

All of the other Asian markets are also trading down.

Korea's Kospi is down 0.5%.

Japan's Nikkei is down 0.6%.

Australia's S&P/ASX is down 1.2%.

Hong Kong's Hang Seng is down 0.8%.

Shanghai Composite is down 1.7%

After being in the red for most of day, U.S. markets closed modestly higher. Earlier today, the ECB announced that it loaned nearly half a trillion euros to banks through its LTRO plan.

DON'T MISS:?MORGAN STANLEY: The Complete Guide To China's Economy In 2012 And 2013

Source: http://www.businessinsider.com/asian-markets-21-2011-12

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Sunday, December 18, 2011

Zynga dips below IPO price (Reuters)

(Reuters) ? Zynga Inc shares opened as much as 10 percent above their offer price on Friday but then rolled back below the IPO price, showing that investors were still concerned about its dependence on Facebook and its growth prospects and that demand for hot tech IPOs may be waning.

In the opening minutes of trading on the Nasdaq the stock rose 10 percent to $11.00. But then they fall back and were down 1 percent at $9.90.

When asked about the price drop, CEO Mark Pincus said in an interview there were "no regrets."

"Our approach has always been to focus on the longterm," Pincus said. "We thought this was the right time to go public."

"We're going to focus on the products and business results we deliver in the next four to eight quarters and hope the stock market values and appreciates that as they see us deliver it," he added.

The company, which competes with Electronic Arts, sold 100 million shares of Class A common stock at $10 per share in the IPO, roughly 11 percent of its shares on a diluted basis, at the top end of the $8.50 to $10 indicative range.

Zynga wants to avoid what happened to Groupon Inc, another closely watched Internet IPO that rose on its first day of trading in November but slumped below its $20 issue price about three weeks later

Zynga's IPO had been highly anticipated because it is seen as a way for investors to get a slice of Facebook's growth before the social network itself goes public. About 95 percent of its revenue comes from Facebook, where it makes money from selling virtual items such as virtual jewelry and poker chips in its games.

Unlike Groupon, Zynga is profitable, but less than 3 percent of its players spend money on items in its free games.

At $1 billion in proceeds, Zynga's IPO would still be the largest from a U.S. Internet company since Google Inc raised $1.9 billion in 2004.

(Reporting By Liana B. Baker)

Source: http://us.rd.yahoo.com/dailynews/rss/tech/*http%3A//news.yahoo.com/s/nm/20111216/wr_nm/us_zynga

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Five 'Sherlock Holmes' Stories That Should Be Adapted Next

By and large, the ?Sherlock Holmes" movies are a more-or-less faithful adaptation of Sir Arthur Conan Doyle?s sharp-eyed sleuth, albeit with some slo-mo bareknuckle boxing thrown in for good measure. There?s Holmes, cracking wise; there?s Watson, looking perturbed. What more do you need? As you can see in this newly released clip, not much.

Watch an [...]

Source: http://moviesblog.mtv.com/2011/12/16/five-sherlock-holmes-stories-that-should-be-adapted-next/

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Saturday, December 17, 2011

Hand, foot, mouth disease kills 156 in Vietnam (AP)

HANOI, Vietnam ? Vietnam says an outbreak of hand, foot and mouth disease has killed 156 people, mostly children, and sickened more than 96,000 through late November.

An official at the Ministry of Health says the average number of weekly cases dropped from about 3,000 in September to 2,460 in November.

The U.S. Centers for Disease Control and Prevention issued a travel alert Monday urging people visiting Vietnam to protect themselves from the disease by practicing "healthy personal hygiene."

This year's outbreak is a sharp uptick from recent years. Since 2008, about 10,000 to 15,000 cases were reported per year with about 20 to 30 children dying annually.

The common childhood illness typically causes little more than a fever and rash, and most recover quickly.

Source: http://us.rd.yahoo.com/dailynews/rss/parenting/*http%3A//news.yahoo.com/s/ap/20111216/ap_on_he_me/as_vietnam_childhood_virus

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Exclusive: Made in Texas: Apple's A5 iPhone chip (Reuters)

SAN FRANCISCO ? Apple Inc is famous for relying on low-cost Asian manufacturers to both source and assemble its popular gadgets, but the consumer device giant recently started receiving a critical component in its iPad and iPhones from closer to home - Texas.

The A5 processor - the brain in the iPhone 4S and iPad 2 - is now made in a sprawling 1.6 million square feet factory in Austin owned by Korean electronics giant Samsung Electronics, according to people familiar with the operation.

One of the few major components to be sourced from within the United States, the A5 processor is built by Samsung in a newly constructed $3.6 billion non-memory chip production line that reached full production in early December.

Nearly all of the output of the non-memory chip production from the factory - which is the size of about nine football fields - is dedicated to producing Apple chips, one of the people said. Samsung also produces NAND flash memory chips in Austin.

The South Korean giant began supplying the A5 processors to Apple this year from the Austin plant, the people said.

Apple declined to comment, saying it does not detail supplier relationships. A Samsung spokeswoman declined to comment on its customers and the specification of the chips made in its Austin plant.

But she said the company expanded the Austin factory to include a production line to make logic chips. The A5 is one such chip.

The powerful A5 processor, which uses technology licensed from Britain's ARM Holdings, is designed by Apple in California.

The A5 chip debuted in Apple's iPad 2 in March and now also powers the new iPhone 4S. The 120 square millimeter chip is twice as fast as its predecessor, the A4, which is also made by Samsung, according to reports from teardown firms that have taken Apple's devices apart.

TEXAS APPLE

Apart from Austin, Samsung has only one other non-memory logic chip factory, in South Korea.

Apple relies on its main contract manufacturer for gadgets, Foxconn, to assemble them, mainly in its factories in China and Taiwan.

The roaring success of both the iPad and iPhone has helped the city of Austin, where Freescale Semiconductor is based and other chip companies, like ARM, Intel and Advanced Micro Devices, also have operations.

Semiconductor companies are attracted to Austin because of a steady supply of educated employees from the University of Texas' engineering school.

Samsung has added about 1,100 jobs to support the new non-memory chip production in the factory, which produces 40,000 silicon wafers every month, a Samsung spokeswoman said.

The rest of Samsung's total 2,400 employees in Austin work in its NAND flash memory factory by the logic chip factory, she added.

The Korean company, which began the U.S. plant in 1996 to make its NAND flash memory chips, continues to produce them there in addition to the A5.

Samsung's factory is the largest foreign investment in Texas with a total investment of about $9 billion, according to Austin Chamber of Commerce.

Austin is also home to an Apple customer call center that deals with customer complaints in North America, Apple's biggest market. The Cupertino company employs thousands in that facility, who deal with calls ranging from complaints to support.

While Apple is one of Samsung's largest customers, both are arch-rivals in the smartphone and tablet marketplace. The two companies are also locked in an acrimonious patent infringement battle that spans multiple countries and products.

(Additional reporting by Noel Randewich in San Francisco and Miyoung Kim in Seoul; Editing by Gary Hill)

Source: http://us.rd.yahoo.com/dailynews/rss/personaltech/*http%3A//news.yahoo.com/s/nm/20111216/tc_nm/us_apple_samsung

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Friday, December 16, 2011

UK crime reporter arrested in corruption inquiry (AP)

LONDON ? Scotland Yard has arrested former News of the World crime editor Lucy Panton as part of the investigation into police corruption, a former employee and British media reported Thursday.

Police declined to confirm the report, saying only that a 37-year-old female journalist was arrested in Surrey, a county south of London, shortly before dawn. Authorities in Britain rarely name suspects until they have been charged.

Several U.K. media outlets named the journalist as Panton. A former News of the World employee also told The Associated Press that Panton was the person arrested, speaking anonymously because he still works in the media industry.

The phone hacking scandal in Britain has forced media mogul Rupert Murdoch to close the tabloid and prompted the arrests of more than a dozen former reporters. Several senior Murdoch lieutenants have been forced to resign because of the scandal.

Panton served as the News of the World's crime editor. A report in the Guardian newspaper earlier this year identified her as being married to a Scotland Yard detective.

Panton had high-level contact with the Metropolitan Police; a list of meetings made public earlier this year notes that then-Assistant Commissioner John Yates met Panton and her then-boss, News of the World editor Colin Myler, for dinner in November 2009.

That was only a few months after Yates had decided not to reopen the police investigation into allegations of systematic phone hacking at the paper. Yates was one of two top Scotland Yard officers to quit over his failure to tackle the scandal.

Myler, whose career as editor also was cut short by the scandal, on Thursday told a wide-ranging inquiry into media ethics that he had no reason to believe that phone hacking went beyond a single rogue when he took over at the paper in 2007.

But he told the inquiry that by 2008 he had changed his mind, citing an incriminating email uncovered during a lawsuit which suggested that others were involved in the practice.

That drew questions from inquiry lawyer Robert Jay, who asked why Myler was still suggesting to Press Complaints Committee in 2009 that only one rogue reporter was to blame for phone hacking.

When inquiry lawyer Robert Jay gently asked whether "it might be said that you didn't give them quite a full and frank answer. Can I suggest that?" Myler dodged the question, saying instead that he had "no reason not to give them a full and frank answer."

Myler wasn't pressed on the inconsistency, or on other apparent contradictions.

For example, Myler assured the inquiry that he and his team would "make sure that pictures were taken properly, not in breach of the (Britain's media) code."

But he wasn't quizzed about one of the most notorious incidents of his career, in which, as editor of the Sunday Mirror in 1993, he published hidden camera pictures of Princess Diana working out at a private gym.

The inquiry is charged with clearing the rot from Britain's scandal-tarred media industry, but the relaxed approach of the inquiry's cross-examination is facing criticism.

"It's a bit like being slapped around with a wet fish," said Mark Stephens, a media lawyer and consultant, who has worked for the AP in the past.

The inquiry, led by Lord Justice Brian Leveson, could recommend wide-ranging changes to Britain's media industry.

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Associated Press writer Paisley Dodds contributed to this report.

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Raphael G. Satter: http://twitter.com/razhael

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20111215/ap_on_bi_ge/eu_britain_phone_hacking

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Olympus faces earnings deadline, ex-CEO in Tokyo (AP)

TOKYO ? Olympus Corp. faces a deadline to report revised earnings Wednesday to avoid being removed from the Tokyo stock market after a whistle-blower questioned fees and acquisitions that turned out to be part of a deception to hide $1.5 billion in investment losses.

Former President and Chief Executive Michael Woodford, who has been in the limelight for first raising questions about exorbitant fees and acquisitions, is back in Tokyo to meet investors and legislators, and to try to lead a turnaround at the camera and medical equipment maker.

Woodford, a 51-year-old Briton and a rare foreigner to lead a major Japanese company, was fired in October after going public with his doubts about massive consulting fees on the acquisition of British medical equipment maker Gyrus Group in 2008 and other spending.

He was in Japan last month to meet police and other investigative authorities. He has said he wants to fix Olympus and has expressed hopes shareholders will back him.

Olympus President Shuichi Takayama has said Woodford lacks the right teamwork style to lead the company, although now acknowledges the positive side of Woodford's whistleblowing. Olympus initially denied any wrongdoing and lambasted Woodford.

No one has been charged in the scandal. But Olympus management has said several top company men were involved in the scheme and has promised to investigate 70 officials, including former and current executives and auditors, to pursue possible criminal charges.

Meeting the Wednesday deadline for a revised earnings report is a must for Olympus to stay on the stock exchange, but it could still be delisted if seriously dubious accounting is found.

A third-party panel set up by Olympus, including a former Japanese Supreme Court judge, released the findings of an investigation earlier this month, which said top executives who were "rotten to the core" had orchestrated the accounting cover-up spanning three decades.

As of 2003, Olympus had racked up 117.7 billion yen ($1.5 billion) in investment losses dating back to the 1990s, according to the company.

The overpriced fees for financial advice and overvalued acquisitions were part of an elaborate deception utilizing overseas banks and several funds to keep the massive losses off the company's books, Olympus says.

Japanese magazine Facta was first to report the dubious money.

Tsuyoshi Kikukawa, who was behind Woodford's appointment as chief executive and later his firing, has since resigned as chairman. He is among several executives suspected of knowing about the scheme.

Last month, Olympus dismissed Executive Vice President Hisashi Mori, saying he was involved in the cover-up along with Kikukawa. A company auditor also resigned.

Olympus stock plunged after the scandal broke but has since recouped some of those losses on optimism it might not be booted off the Tokyo Stock Exchange.

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Follow Yuri Kageyama on Twitter at http://twitter.com/yurikageyama

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/ap/20111214/ap_on_bi_ge/as_japan_olympus

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