The world is better off with Best Buy alive than dead



A Lenovo Yoga convertible ultrabook on display at a Los Angeles Best Buy. It's still the best place to comparison shop for gadgets in a physical store.

A Lenovo Yoga convertible ultrabook on display at a Los Angeles Best Buy. It's still the best place to comparison shop for gadgets in a physical store.



(Credit:
Brooke Crothers)


Despite all the flak Best Buy gets from consumers and financial analysts, the world is probably a better place with it than without it.


For those who don't follow Best Buy as a business, existential questions have been dogging it for years. The word "Titanic" often comes up.


Not all that surprising, considering brick-and-mortar electronics retail stalwarts CompUSA and Circuit City have all but disappeared.


Here's what the new CEO, Hubert Joly, said Friday during the earnings conference call, via a transcript provided by Seeking Alpha.


"In fiscal '13, we permanently closed 49 large-format stores and expected to close an additional 5 to 10 large-format stores in fiscal 2014."


That's a lot of store closings.


"People who thought we were dead have to go through the painful process of revisiting that point of view," Mr. Joly told The Wall Street Journal on Friday.


I've wondered many times if my regular weekly visit to the local Best Buy would be my last. And still do.


But I like knowing the store is there.


Best Buy is really the only electronics specialty store besides Fry's Electronics (mostly a West Coast phenomenon) that packs lots of PCs, Macs,
tablets, and phones into relatively small abutting areas, allowing you to easily comparison shop.


And Best Buy carries a good cross section of the most popular gadgets. It had Microsoft's Surface tablet pretty soon after the device came out, despite some initial display hiccups (see photo below), and it has decent stock of Windows 9 touch-screen laptops and tablets,
Android stuff, and of course Apple products.


Of course, there's plenty to complain about. But those same gripes apply to Fry's and to just about any big box electronics retailer that's ever existed, including Circuit City and CompUSA.


What's ahead for Best Buy? Who knows? But Apple stores and now Microsoft's expanding retail presence aren't making it any easier. And during Friday's call, Best Buy executives kept talking about expanding/improving the store's online presence.


Problem is, online is often the last gasp for physical big box retailers.



Nothing to see here. Not that atypical for a Best Buy display. I went to my local Los Angeles store looking for Microsoft's Surface tablet the other day and I found this mess.

Nothing to see here. Not that atypical for a Best Buy display. I went to my local Los Angeles store looking for Microsoft's Surface tablet the other day and I found this mess.



(Credit:
Brooke Crothers)


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Romney: Sequester not a success for Obama

Mitt Romney may not be running for the White House any more, but he certainly came out swinging against President Obama in his first post-election interview with "Fox News Sunday," accusing the president of poisoning the negotiations over automatic spending cuts by "berating" Republicans.

"No one can think" that the fight over the sequester has "been a success for the president," last year's Republican presidential nominee said. "He didn't think the sequester would happen. It is happening, but to date, what we've seen is the president out campaigning to the American people, doing rallies around the country, flying around the country and berating Republicans. And blaming and pointing."

"Now what does that do?" He asked. "That causes the Republicans to retrench and then put up a wall and fight back. It's a very natural human emotion."

The former Massachusetts governor also criticized the recent release of several hundred illegal immigrants detained by the U.S. Immigration and Customs Enforcement agency. The agency justified the release as a cost-saving measure forced on them by the across-the-board budget cuts, but Romney argued that the president should have prevented it. "I think if there are people who are incarcerated," he said, the president "should make sure that we're able to keep them in jail."

"Look, it's- again, it's politics," he said. "It's, 'OK, how do we do something that will get a headline that will make it look like those terrible Republicans aren't willing to come together?'"

In the interview, which airs Sunday, Romney also addressed the adjustment to life after the campaign trail. "We were on a roller coaster, exciting and thrilling, ups and downs," he said. "But the ride ends, and then you get off."

His wife Ann Romney, who also sat for the interview, agreed that it has been quite a change but added, "The good news is, fortunately, we like each other."

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US Seeks to Confirm Report of Terror Leader's Death











American military and intelligence officials said today they are attempting to confirm a report from the Chadian military of the death of al Qaeda leader Mokhtar Belmokhtar, the alleged mastermind of the deadly attack on an Algerian natural gas facility in January.


If the new report is confirmed, Belmokhtar's death would be a significant victory against a growing al Qaeda threat in northern Africa.


Belmokhtar's killing was announced on Chadian national television by armed forces spokesperson Gen. Zacharia Gobongue, who said Chadian troops "operating in northern Mali completely destroyed a terrorist base."


"The [death] toll included several dead terrorists, including their leader, Mokhtar Belmokhtar," he said.


However, an unidentified elected official in Mali told The Associated Press he doubted Belmokhtar had actually been killed and said he suspected the Chadian government of pushing the story to ease the loss of dozens of Chadian troops in operations in northern Africa.






SITE Intel Group/AP Photo







Belmokhtar is known as Mr. Marlboro because of the millions he made smuggling cigarettes across the Sahara, but in the last few months the one-eyed terrorist leader has become one of the most sought after terrorists in the world. The attack on the plant near In Amenas in eastern Algeria left dozens of Westerns and at least three Americans dead.


Belmokhtar had formed his own al Qaeda splinter group and announced he would use his wealth to finance more attacks against American and Western interests in the region and beyond.


The U.S. has badly wanted Belmokhtar stopped and actively helped in the search by French and African military units to find him, as well as another top al Qaeda leader who was reported killed yesterday.


After the Chadian announcement, House Foreign Affairs Committee Chairman Rep. Ed Royce (R-Calif.) said Belmokhtar's death, if confirmed, "would be a hard blow to the collection of jihadists operating across the region that are targeting American diplomats and energy workers."


Steve Wysocki, a plant worker who survived the attack in In Amenas thanked "military forces from around the world," especially the Chadian military, for bringing "this terrorist to an expedient justice."


"My family and I continue to mourn for our friends and colleagues who didn't make it home and pray for their families," Wysocki told ABC News.


The CIA has been after Belmokhtar since the early 1990s, Royce's statement said.


ABC News' Clayton Sandell contributed to this report.



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Romney says 2012 race was 'roller coaster'






WASHINGTON: In his first interview since losing his 2012 White House bid, Mitt Romney likened his experience as a presidential candidate to an unpredictable and bumpy roller coaster ride.

"We were on a roller coaster, exciting and thrilling, ups and downs. But the ride ends," Romney said, according to advance excerpts of the interview set to air on "Fox News Sunday."

"And then you get off. And it's not like, 'Oh, can't we be on a roller coaster the rest of our life?' It's like, no, the ride's over."

Romney appeared with his wife Ann for the interview, the first either has given since the November 6 election that granted President Barack Obama his second term.

Ann Romney acknowledged that the transition from being surrounded by huge crowds and Secret Service agents around the clock to a far lower profile has been an "adjustment."

"We came and stepped forward to serve," she added.

"It was really quite a lot of energy and a lot of passion and a lot of people around us and all of a sudden, it was nothing.

"But the good news is, fortunately we like each other."

Romney, who has not had any major public appearances since his election loss, is set to speak in two weeks at a key conservative gathering, the Conservative Political Action Conference.

The former Massachusetts governor has been laying low since his defeat, popping up occasionally in photographs on social media sites that apparently depict him shopping or filling up his tank at the gas station.

When Senator John Kerry of Massachusetts left Congress to become secretary of state earlier this year, it opened up a race in his home state to fill his seat. Speculation swirled that Romney's oldest son Tagg might throw his hat in the ring, but he quickly ruled it out.

Romney aides have also rebuffed suggestions that his wife might consider running for the post.

- AFP/jc



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Is than an Oreo in the sky or are you just using Nokia's Lumia?



With the Oreo Skies app, Nokia Lumia owners can leave messages for their friends in the stars.



(Credit:
Oreo)



Fresh off winning the Super Bowl, or at least the social media advertising wars during the NFL's championship, Oreo is now setting out to conquer the stars in the skies.


The cookie giant has teamed up with Nokia to release a stargazing app for Lumia Windows phones that could result in the heavens above being filled with virtual Oreos.


Called Oreo Skies, the app was designed to let users write messages and tag them to actual stars -- or at least to constellations.


It works like this. First, users can point their Lumia at the skies and pick a constellation on which to leave a message. Then, if their friends or family use the app and point their phone at the skies, thanks to augmented reality, and the phone's ability to detect precisely where in the sky it's pointing, they can see if any messages have been left for them, and on which constellation. If they touch a star containing a message for them, it twists open like an Oreo and reveals the note. Day or night.


Users without Lumias can leave messages for others using a version of the app built for Facebook on both dektop and mobile devices.


Oreo is also looking to identify what might, in the Foursquare era, be called a "mayor" of the moon. It will grant ownership status -- though it's not clear how Oreo can bestow such an honor -- on the person who sends the most messages using the app each lunar cycle. It will provide a leaderboard allowing everyone to see if they have a chance to own the moon.


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What does the WH's brief for Supreme Court mean for same-sex marriage?

(CBS News) WASHINGTON - At his news conference Friday, President Obama was asked about his decision to get involved in the battle over same-sex marriage in California's ban on same-sex marriage. Late Thursday, the administration filed a brief with the Supreme Court, saying that California's ban on gays and lesbians marrying violates their constitutional rights.

"If the Supreme Court asks me or my attorney general or solicitor general, 'Do we think that meets constitutional muster?' -- I felt it was important for us to answer that question honestly. And the answer is no," said the president

CBS News chief legal correspondent Jan Crawford spoke with "Evening News" anchor Scott Pelley about the brief and its potential impact. A transcript of the conversation follows.

Obama: If I were on Supreme Court, I'd defend same-sex marriage
Obama administration urges Supreme Court to overturn Calif. same-sex marriage ban
Clint Eastwood signs pro-gay marriage brief

Scott Pelley: Jan, the court will hear arguments later this month that will impact all of this. I wonder what the president's comments today have to do with the case?

Jan Crawford: Well Scott, as the president said today,"I'm not a judge, I'm the president." His views carry no binding authority in the Supreme Court. Just because the administration is making this argument doesn't mean the court has to go along with it. The federal government is not directly involved in this case -- it's a challenge by same-sex couples in California to a California constitutional amendment that bans gay marriage. The administration chose to get involved to make a strong statement on gay rights that are reflected in his comments today. The brief in fact is more important politically and symbolically than legally.

Pelley: The case is centered on California. Could it have wider-ranging implications?

Crawford: Yes, it certainly could . Even though this case comes from California, it could have an enormous impact across the country. California is one of 30 states that has a constitutional amendment banning gay marriage. The decision could affect all of those laws -- that's more than half the states in this country. And if the Supreme Court agrees with the president -- that amendments like California's are unconstitutional -- many or all of those laws banning gay marriage could be in jeopardy.

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Sequester Could Cut Blue Angels, Medicare Payments


Mar 1, 2013 2:28pm


gty navy blue angels kb 130301 wblog Sequester at Home: Florida Could Lose Blue Angels Shows, Medicare Payments

(Image Credit: Justin Sullivan/Getty Images)


Starting today, The Note will track how automatic budget cuts associated with the so-called sequester are hurting Americans at home. This story of the effects on one community is part of that series.


If nothing is done to avert “sequester” cuts, air-show fans can wave bye-bye to the Blue Angels.


The Navy’s demonstration air team plans to cancel the 28 performances it has scheduled between April 1 and Sept. 30 if the cuts go into effect as planned at midnight tonight and revenue is not somehow supplemented.


Read more: Sequester to Cut $85 Billion from Federal Agencies


It’s just one of the many sacrifices the Defense Department plans to make if its budget suffers the across-the-board cuts prescribed in the sequestration bill signed into law in August 2011.


Florida State Sen. Don Gaetz, R-Niceville, said the cancelled shows would mean the loss of what he called his constituents’ “civic religion.”


“If someone you don’t know gets furloughed from a job at a military base, that’s something you read about in the newspaper. But if the Blue Angels are grounded, that’s a highly visible symbol of government dysfunction,” Gaetz said today.


A performance in Indiana slated for June has already been cut, thanks to the sequester, but that was the choice of the organizers, not the Navy, according to Blue Angels Public Affairs Officer Lt. Kathryn Kelly.


The next show on the chopping block would be the April 6-7 Airfest performance at MacDill Air Force Base in Tampa, Fla.


Terry Montrose, deputy chief of public affairs for Macdill Air Force Base, said if that performance is cancelled, the whole air show will be shut down, a true disappointment for the Tampa community.


“I’m sure it would be a big blow to [Tampa residents], because it’s one of the largest events in Tampa every year or every other year,” Montrose said.


Read More: What Is Sequestration?


Montrose said the base is “hoping for a Hail Mary” to save the show.


But Kelly of the Blue Angels said the squadron’s fate is not sealed just yet. If Congress passes a full budget, another continuing resolution or an increase to the Navy’s transfer authority, more shows could be restored.


Sen. Gaetz pointed out that losing the Blue Angels wouldn’t be the worst of the sequester’s effects in the Sunshine State.


“As important as they are and as symbolic as they are, [the Blue Angels] aren’t as important as making sure that someone in a nursing home gets care or someone in aerospace gets a paycheck,” he said. “But, obviously, sometimes it’s the symbols that resonate with people and bring the issue home.”


The tourism, higher education, civilian defense contractor and hospital industries in Florida would all take hits as the cuts filter down, according to Chris McCarty, director of the Bureau of Economic and Business Research at the University of Florida in Gainesville.


Read more: Government Shutdown Looks Unlikely


In 2011, 17.6 percent of Florida’s population was eligible for Medicare, 4.3 points higher than the national average. That means scaling back Medicare payments to hospitals will disproportionately affect the health care industry in that state, according to Gaetz.


“When Medicare catches a cold,” he said,  “Florida hospitals get pneumonia.”


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Assad forces take Aleppo village, reopening supply line


BEIRUT (Reuters) - Syrian President Bashar al-Assad's forces seized a village southeast of the city of Aleppo on Friday, reopening a supply line to the country's biggest city where they have been battling rebels for eight months, a monitoring group said.


The Syrian Observatory for Human Rights said the capture of Tel Shghaib marked the last step to creating a land supply route north into Aleppo from Hama province, crucial for Assad's forces who have lost control of part of the main north-south highway.


Rebels say they hold most of the city itself and nearly all the rural hinterland. But they have been unable to achieve a decisive victory and complain that they are outgunned and vulnerable to Assad's air force, artillery and ballistic missiles, which killed dozens of people in Aleppo last week.


The United States pledged direct but non-lethal aid to the rebels at a meeting in Rome on Thursday, disappointing Assad's opponents who had hoped for more tangible military support to tip the balance of forces on the ground.


Activists reported another day of fierce fighting around Aleppo, including the military airport at Nairab, three miles north of Tel Shghaib which Assad's forces retook.


"It's a significant gain for the regime," the British-based Observatory's director Rami Abdelrahman said of the army's push north, which reversed many rebel advances when they moved south into Hama from Aleppo province at the end of last year.


Further east, on the Iraqi frontier, government troops also managed to wrest back control of the Yarubiyah border crossing after insurgents seized it 24 hours earlier, he said.


SYRIA COULD FALL APART


The revolt against Assad, which erupted in March 2011 with mainly peaceful protests, has escalated into civil war between mainly Sunni Muslim forces and troops and militias loyal to Assad, from the minority Alawite community whose faith derives from Shi'ite Islam.


The United Nations says 70,000 people have been killed, nearly a million have fled the country and millions more have been displaced or need aid.


U.N. Secretary-General Ban Ki-moon said on Friday that Syria, a major Arab state on the fault lines of broader Middle East conflict, would fall apart if the government and rebels keep fighting instead of seeking a negotiated peace.


"This is a very small window of opportunity which we strongly support and encourage them to use that. The opportunity may close soon," Ban said in Geneva.


The government and opposition have both edged away in recent weeks from their previous rejection of dialogue. Foreign Minister Walid al-Moualem said on Monday the government would even talk to armed rebels and opposition coalition leader Moaz Alkhatib has said he is ready to meet Assad's representatives.


But Syrian officials say any serious talks must be on Syrian soil under state control, and have shown no readiness to discuss Assad's departure - the central demand of the opposition. For rebel fighters, who do not answer to exiled civilian opposition leaders, Assad's exit is a precondition for any negotiations.


"I continue to urge the Syrian parties to find their way to the negotiating table. The horrors of the last months and years prove beyond doubt: the military solution in Syria is leading to the dissolution of Syria," Ban said.


He also called on the U.N. Security Council, paralyzed by a standoff between the United States and European allies on one side, pushing for U.N. action against Assad, and Russia and China, who have backed Assad, to unite and address the crisis.


Moscow criticized Thursday's meeting in Rome of largely anti-Assad Western and Arab states for taking positions and steps which "directly encourage extremists" to topple the government by force.


But the Kremlin also said presidents Vladimir Putin and Barack Obama had told their foreign ministers to keep in close touch and seek new initiatives to end Syria's civil war.


U.S. Secretary of State John Kerry said on Thursday Washington would provide non-lethal aid including medical supplies and food to rebel fighters, as well as $60 million to help the civilian opposition provide services including security, education and sanitation.


The European Union said it had amended sanctions on Syria to allow the supply of armored vehicles, non-lethal military equipment and technical aid.


The steps still fell well short of what rebels are looking for - more arms, and prompted the opposition to postpone a Saturday meeting where they had been due to choose a prime minister to head the administration of rebel-held territory.


Alkhatib said he was tired of hearing Western concerns over the growing role of Islamists in the Syrian rebel ranks - one of the main obstacles to greater military support, saying it paled into insignificance alongside the prolonged civilian suffering.


"Many sides...focus (more) on the length of the rebel fighter's beard than they do on the blood of the children being killed," he said, standing next to Kerry after their meeting.


(Additional reporting by Stephanie Nebehay in Geneva and Alissa de Carbonnel in Moscow; Editing by Mark Heinrich)



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Obama to visit Russia in September






WASHINGTON: US President Barack Obama will visit Saint Petersburg for September's G20 summit and will also hold a meeting with President Vladimir Putin at the G8 summit in Northern Ireland in June.

The White House made the announcement Friday after the leaders spoke by phone to discuss the Syria crisis amid testy relations between Russia and the United States, which have deteriorated since Obama's first term.

Russia had hoped that Obama would pay an official visit to the country last year, his first since Putin returned to the presidency, but Washington's ties with Moscow have been uneasy, and the visit never took place.

Obama's announcement means that he will also not travel to Russia before the G20 summit, in another disappointment to the Kremlin.

Washington and Moscow have been especially at odds over Syria, and Russia's role in vetoing UN Security Council action to censure President Bashar al-Assad for his crackdown on an opposition revolt that has killed 70,000 people.

"The two presidents agreed on the need to advance a political transition to end the violence as soon as possible," said a White House statement, referring to Syria.

US Secretary of State John Kerry and Russian Foreign Minister Sergei Lavrov will continue to work together on the issue following their meeting in Berlin on Tuesday, the White House said.

A statement issued earlier from the Kremlin said that Putin noted the need to end "military activities" in Syria as soon as possible.

Russia also denounced a new US pledge to provide direct aid, but no arms, to Syrian rebel fighters, saying it will fuel more violence in the nearly two-year war.

Despite the tensions, Obama vowed in his State of the Union address in February to work with the Kremlin to reduce both Russian and American stockpiles of nuclear weapons.

Relations between Moscow and Washington have been especially harmed by the Obama administration's criticism of Moscow's deteriorating human rights record under Putin.

There has also been tension over adoptions of Russian orphans by US nationals in recent weeks.

The spat started after the US Congress passed a bill last year targeting Russian officials with sanctions over the prison death of Russian lawyer Sergei Magnitsky.

Russia retaliated with a ban on all US adoptions, saying Russian children in the United States were abused and even murdered by their adoptive parents.

One of Obama's major foreign policy achievements of his first term was a "reset" of relations with Russia engineered with former president Dmitry Medvedev, but the return of Putin has soured the mood.

-AFP/ac



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Anonymous leaks alleged data on BofA execs, surveillance




In its latest salvo against the financial industry, Anonymous claims to have leaked sensitive information related to Bank of America executives and the company's alleged effort to "spy and collect information on private citizens."


Par:AnoIA, a group that identifies itself as the Anonymous Intelligence Agency, said in press release (PDF) yesterday that it had released 14 gigabytes data on hundreds of thousands of executives at companies around the world, including Bloomberg, Thomson Reuters, and TEKSystems, which the hackvisit collective claims was hired last year to spy on hackers and social activists.


The group says the data was not acquired during hack but rather was retrieved from an unsecured server in Israel.


"The source of this release has confirmed that the data was not acquired by a hack but because it was stored on a misconfigured server and basically open for grabs," Par:AnoIA said. "Looking at the data it becomes clear that Bank of America, TEKSystems and others (see origins of reports) gathered information on Anonymous and other activists' movement on various social media platforms and public Internet Relay Chat (IRC) channels."


The documents leaked by Anonymous include "intelligence" reports allegedly compiled by TEKSystems on "daily cyber threats" from around the world and Internet activity related to the Occupy Wall Street movement.




The group said the data retrieved revealed research methodology that was "sloppy, random and valueless."


"Apparently a keyword list was used to match for items of interest on IRC, Twitter and other social media," the press release said. "While the list has over 10,000 entries, only 1,125 keywords seem to be genuine, the rest are simply Wikipedia references."


CNET has contacted Bank of America for comment and will update this report when we learn more.


The data dump comes three weeks after the U.S. Federal Reserve confirmed that one of its internal Web sites had been hacked, a breach that appears to have occurred around the same time that Anonymous published login and private information from more than 4,000 U.S. bank executive accounts.


Bank of America raised the ire of Anonymous in 2010 when it announced that it would no longer process payments for WikiLeaks. Earlier moves by MasterCard, Visa, and PayPal resulted in retaliatory cyber attacks by the hacker group.

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