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Wednesday, 14 November 2012

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Spain’s top paper begins laying off journalists

SPAIN: Spain’s top daily newspaper El Pais began delivering redundancy notices on Monday to nearly one-third of its staff including some of the paper’s best-known writers.

Last month El Pais, part of heavily indebted Spanish media group Prisa, announced there would be 129 layoffs and 20 early retirements, bringing the total number of job cuts to 149 out of about 460 staff.

All remaining staff are being forced to take a 15-percent pay cut as the paper struggles against a slump in advertising and the rise of Internet news, where profits are hard to come by.

On Monday, the journalists began to hear who will be forced to depart the newspaper, born in 1976 during Spain’s transition to democracy after the dictatorship of Francisco Franco.

Prisa reported a loss of 31.45 million euros ($40 million) in the first nine months of 2012, including a provision related to a legal row with cable company ONO. A year earlier it made a profit of 17.93 million euros.

AFP


Jermaine Jackson comes clean on name tweak

FRANCE: Michael Jackson’s older brother Jermaine explained Monday he had registered the name “Jacksun” as an official pseudonym because he loves the sun -- but that his legal name remained unchanged.

“I didn’t change my name,” Jermaine Jackson told a press conference in Paris when asked about reports he petitioned a US court last week to let him tweak the spelling of his famous surname to “Jermaine Jacksun”.

“I just changed one letter because I love the sun. The sound is the same,” he explained, based on a French translation of his comments.

AFP


Cray supercomputer named world’s fastest

US: A Cray supercomputer at the US government’s Oak Ridge National Laboratory was named Monday the world’s fastest, overtaking an IBM supercomputer at another American research center.

The ranking released by researchers from the United States and Germany found that Titan, a Cray XK7 system installed at Oak Ridge in Tennessee, achieved 17.59 petaflops, or quadrillions of calculations per second.

Titan, which gets funding from the US Department of Energy, is used for research in energy, climate change, efficient engines, materials and other scientific research.

AFP


Sesame Street puppeteer denies claim

US: The puppeteer behind Elmo on “Sesame Street” said Monday he was taking time out from the US children’s TV show to fight a “defamatory” claim he had a sexual relationship with an underage boy.

Kevin Clash, the man behind the furry red character’s high-pitched voice and frenetic gestures, admitted he had a relationship with his accuser, who claims he was 16 years old when they started dating, according to studio officials.

But Clash said the accuser was not under the age of consent, which is 17 in New York, where the show is made.

AFP


Eric Clapton watch sells for $3.6m at auction

SWITZERLAND: A platinum wristwatch belonging to British guitarist Eric Clapton sold for 3.4 million Swiss francs ($3.6 million, 2.9 million euros) in Geneva Monday, auction house Christie’s said.

The “exceptionally rare” watch made by Patek Philippe in 1987 was snapped up by an anonymous Asian buyer, Christie’s spokesman Christiano De Lorenzo told AFP, adding that the price was in the middle of the estimate.

The only other time the platinum perpetual calendar chronograph wristwatch with moon phases was on auction, in 1989, it sold for just $250,999.

Clapton, 67, known for his work with rock bands Cream and the Yardbirds and for songs including “Crossroads”, “Layla” and “Tears in Heaven”, had purchased the luxury timepiece privately after that auction for an undisclosed price, De Lorenzo said.

AFP

 

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