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Stocks Pull Back as Momentum Fades

U.S. and European shares fell Friday as momentum faded from a rally that had been spurred by optimism over the U.S. economy.

Austria Says 71 Migrants Found Dead in Truck

Austrian police said 71 migrants were found dead in a truck off a highway outside Vienna and that three alleged human traffickers had been arrested in Hungary.

Hacker Killed by Drone Was Islamic State’s ‘Secret Weapon’

That Islamic State’s Junaid Hussain was targeted directly by the U.S. and U.K. shows the extent to which digital warfare has upset the balance of power on the modern battlefield. 118

Brazil’s Big Bet on China Turns Sour

Brazil’s big bet on China is turning sour as the Asian country’s once voracious appetite for Brazilian exports dims.

Lebanon’s youth-led “You Stink” movement initially formed as a protest against mounds of uncollected garbage in Beirut. Now it wants political change.

Lebanon’s youth-led “You Stink” movement initially formed as a protest against mounds of uncollected garbage in Beirut. Now it wants political change.

Anger Over Garbage in Lebanon Blossoms into Demands for Reform

Calls for political reform, however, collide with country’s entrenched, sectarian-based political system.

Fed Urged to Press Ahead With Rate Rise

After months of forewarning by the Fed that it is preparing to raise short-term interest rates, some international officials have a message: Get on with it already. 63

Big Oil Faces Prospect of Lower Refining Profits

For much of the past year, the world’s biggest energy companies suffered through an oil-price rout with one silver lining: Their little-loved refineries were churning out big profits again. Now, that bright spot could be fading, even as oil prices sink.

China’s World

Markets? To Xi Jinping, Another Battle Comes First

Those who think a wilting economy and stock-market turmoil may divert Xi Jinping’s focus from his anticorruption campaign misunderstand his priorities.

Russia

Moscow Strains To Upgrade Forces

Even as the country projects a muscular image, a falling ruble and weaker economy has forced President Vladimir Putin to scale back ambitious plans to modernize the military. 54

Ukraine’s U.S.-Born Finance Minister Praised for Persistence

Natalie Jaresko led months of tense negotiations with creditors, clocking thousands of air miles to reach a debt-relief deal that should help secure further bailout funds from the International Monetary Fund.

Greece Names George Chouliarakis Interim Finance Minister

Greece named George Chouliarakis as the country’s interim finance minister, handing him control of the country’s purse strings until next month’s elections.

Speakers Play Role in Korean Deal

At the heaviest armed border in the world, South Korean officials say one of the most potent weapons is psychological warfare. As tensions abate between Seoul and Pyongyang, officials say propaganda broadcasts are a vital peacekeeper.

‘Flash Crash’ Trader Denied Extradition Delay

British trader Navinder Sarao had requested a two-month delay in his extradition hearing.

Labor Group Says BofA CEO Moynihan Should Not be Chairman

A labor group is urging Bank of America shareholders to vote against a bylaw change that allows Brian Moynihan to hold the dual titles of bank CEO and chairman.

Oil Prices Resume Rally

Oil prices rose Friday, erasing earlier losses, as a surprise one-day rally extended to a second day.

How Do You Short China?

Traders are scouring stock, bond and currency markets for ways to make money on the malaise afflicting China. Some are piling into insurance-like contracts that would pay out if the country defaulted on a small pool of its foreign-denominated bonds.

Business

India Embraces Luxury Goods

As sales growth slows in China and other big markets, luxury-goods makers are seeking to cash in on patches of new wealth in often-unexpected parts of India, where there is a growing appetite for luxury brands.

Google Rebuffs European Union on Antitrust Charges

Google rebuffed the European Union’s demand that it change the way it ranks online comparison-shopping services in its search results, setting up a potentially drawn-out legal battle.

Hermès Plays Down China Luxury Risk

French luxury-goods company Hermès International said it expects demand for its pricey handbags and fashion to remain resilient and grow 8% this year despite the risk of an economic slowdown in China.

Sanctions Bite Massive Gas Project in Russian Arctic

A race to shore up funding for the $27 billion Yamal LNG energy project in the Russian Arctic has emerged as a test of Moscow’s ability to weather Western sanctions.

As China Celebrates Victory, Businesses Cope With Loss

Beijing ordered more than 10,000 factories to close or reduce output ahead of a high-profile military parade, crimping many businesses in the capital and leaving some workers without wages.

Mansion

A Swedish Couple’s Lakeside Oasis

Entrepreneur Olof Sköld and his partner, Helene Carson, build a retreat for their family

Technology

Pentagon Advances Partnership with Tech Firms for Flexible Electronics

The Pentagon is announcing that it will contribute seed money to a consortium of Silicon Valley firms to develop what defense officials say is a promising new technology incorporating “flexible” electronics.

China’s Moves Won’t Help U.S. Tech Firms

China’s moves to spur its slowing economy are having an important but less obvious effect on the tech sector: Strengthening local companies that were already making life difficult for U.S. rivals.

Video

Body Count Rises in Migrant Effort to Reach Europe

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Buzz Aldrin Developing Plan to Colonize Mars

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On Wine: Will Lyons

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Yannis Philippakis, the lead singer whose energetic stage presence and novelistic lyrics have made Foals one of British rock’s most compelling propositions, talks about the band’s fourth album.

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Über 60 Prozent der beliebtesten Youtube-Videos in Deutschland gesperrt

dapd

Mehr als 60 Prozent der weltweit beliebtesten 1.000 Videos bei Youtube sind in Deutschland nicht abrufbar, zeigt eine aktuelle Analyse der Firma OpenDataCity. Grund dafür sind die festgefahrenen Verhandlungen zwischen Google und der Verwertungsgesellschaft Gema, die sich in Deutschland in staatlichem Auftrag um die Vergütung von Musikautoren kümmert.

615 der 1.000 beliebtesten Videos auf dem mit Abstand größten Online-Videoportal der Welt sind laut der Analyse Musikvideos oder enthalten Musik, deren Autoren von der Gema vertreten werden – immerhin 61,5 Prozent. Wegen der Rechtsstreitigkeiten werden die Videos nicht ausgestrahlt; diese Unterbindung vergleicht das Projekt mit Sperrungen in anderen Ländern, obwohl dabei andere Gründe wie politische Zensur die Gründe sind. Vergleicht man also die eigentlich so nicht vergleichbaren Sperrungen, übertrifft Deutschland mit seiner Quote sogar Länder wie den Südsudan (15,3 Prozent gesperrte Videos unter den 1.000 populärsten), Vatikanstaat (5,1 Prozent) und Afghanistan (4,4 Prozent).


Unterstützt durch MyVideo. Realisiert von OpenDataCity. Anwendung steht unter CC-BY 3.0.

Auch in westlichen Ländern wie Großbritannien (0,8 Prozent), der Schweiz (1,2 Prozent), Österreich (1,1 Prozent) und den USA (1,0 Prozent) gibt es der Analyse zufolge Sperrungen – doch kein Land reicht an die deutsche Rekordquote von 61,5 Prozent heran. Allerdings wurden insgesamt nur zehn Länder verglichen.

Die Studie wurde mit Unterstützung von MyVideo durchgeführt, ein zu Youtube konkurrierendes Portal. Nach Angaben von OpenDataCity hat das Videoportal aber keinerlei Einfluss auf das Ergebnis der Studie genommen. Die Firma hat bereits mit zahlreichen etablierten Medien zusammengearbeitet, um datenjournalistische Projekt zu realisieren – darunter Sueddeutsche.de, Zeit Online und taz.de.

Zwar haben Musikindustrie und Gema bereits erkannt, dass sie durch die Sperrtafeln bei Youtube, in denen Google die Gema für die Sperrung beliebter Videos verantwortlich macht, ein Imageproblem haben. Dennoch wurden die Verhandlungen zuletzt ergebnislos abgebrochen.

Vertreter der Musikindustrie sehen den Schwarzen Peter aber nicht nur bei der Gema. Kürzlich veröffentlichte ein Vertreter der Industrie ein Video auf Youtube, das wie die Sperrtafeln von Google aussieht, jedoch einen abgewandelten Text enthält: „Leider ist dieses Video in Ihrem Land nicht verfügbar, weil wir uns mit der GEMA nicht auf die Höhe der Zahlung der dafür erforderlichen Musikrechte für die Urheber einigen konnten“, heißt es in dem Film, der mit „Wenn die YouTube-Tafeln die Wahrheit sagen würden…“ betitelt ist.

Die Musikindustrie ist erkennbar unglücklich über den Dauerstreit. Edgar Berger, Chef von Sony Music International, erklärte beispielsweise bereits im Februar 2012 im Gespräch mit Golem.de, dass „die Gema die Urheberrechte sehr restriktiv lizenziert. Uns gehen dadurch Millionenumsätze verloren”. Durch die Sperrungen entgehen der Branche nicht nur die Einnahmen in Deutschland, die Google an die Industrie in anderen Ländern zahlt – auch auf den starken Werbeeffekt von Youtube-Videos muss die Branche hierzulande verzichten.

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  • Apps, Crowdfunding, Cloud Computing – neue Technologien werfen die Regeln der Weltwirtschaft um. WSJ Tech erklärt technologische Trends, stellt interessante Entwicklungen vor und analysiert die wichtigsten Trends der IT-Wirtschaft.

    Die Autoren:

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The Wall Street Journal & Breaking News, Business, Financial and Economic News, World News and Video
Search

Stocks Pull Back as Momentum Fades

U.S. and European shares fell Friday as momentum faded from a rally that had been spurred by optimism over the U.S. economy.

Austria Says 71 Migrants Found Dead in Truck

Austrian police said 71 migrants were found dead in a truck off a highway outside Vienna and that three alleged human traffickers had been arrested in Hungary.

Hacker Killed by Drone Was Islamic State’s ‘Secret Weapon’

That Islamic State’s Junaid Hussain was targeted directly by the U.S. and U.K. shows the extent to which digital warfare has upset the balance of power on the modern battlefield. 117

Brazil’s Big Bet on China Turns Sour

Brazil’s big bet on China is turning sour as the Asian country’s once voracious appetite for Brazilian exports dims.

Lebanon’s youth-led “You Stink” movement initially formed as a protest against mounds of uncollected garbage in Beirut. Now it wants political change.

Lebanon’s youth-led “You Stink” movement initially formed as a protest against mounds of uncollected garbage in Beirut. Now it wants political change.

Anger Over Garbage in Lebanon Blossoms into Demands for Reform

Calls for political reform, however, collide with country’s entrenched, sectarian-based political system.

Fed Urged to Press Ahead With Rate Rise

After months of forewarning by the Fed that it is preparing to raise short-term interest rates, some international officials have a message: Get on with it already. 62

Big Oil Faces Prospect of Lower Refining Profits

For much of the past year, the world’s biggest energy companies suffered through an oil-price rout with one silver lining: Their little-loved refineries were churning out big profits again. Now, that bright spot could be fading, even as oil prices sink.

China’s World

Markets? To Xi Jinping, Another Battle Comes First

Those who think a wilting economy and stock-market turmoil may divert Xi Jinping’s focus from his anticorruption campaign misunderstand his priorities.

Russia

Moscow Strains To Upgrade Forces

Even as the country projects a muscular image, a falling ruble and weaker economy has forced President Vladimir Putin to scale back ambitious plans to modernize the military. 54

Ukraine’s U.S.-Born Finance Minister Praised for Persistence

Natalie Jaresko led months of tense negotiations with creditors, clocking thousands of air miles to reach a debt-relief deal that should help secure further bailout funds from the International Monetary Fund.

Greece Names George Chouliarakis Interim Finance Minister

Greece named George Chouliarakis as the country’s interim finance minister, handing him control of the country’s purse strings until next month’s elections.

Speakers Play Role in Korean Deal

At the heaviest armed border in the world, South Korean officials say one of the most potent weapons is psychological warfare. As tensions abate between Seoul and Pyongyang, officials say propaganda broadcasts are a vital peacekeeper.

‘Flash Crash’ Trader Denied Extradition Delay

British trader Navinder Sarao had requested a two-month delay in his extradition hearing.

Labor Group Says BofA CEO Moynihan Should Not be Chairman

A labor group is urging Bank of America shareholders to vote against a bylaw change that allows Brian Moynihan to hold the dual titles of bank CEO and chairman.

Oil Prices Resume Rally

Oil prices rose Friday, erasing earlier losses, as a surprise one-day rally extended to a second day.

How Do You Short China?

Traders are scouring stock, bond and currency markets for ways to make money on the malaise afflicting China. Some are piling into insurance-like contracts that would pay out if the country defaulted on a small pool of its foreign-denominated bonds.

Business

India Embraces Luxury Goods

As sales growth slows in China and other big markets, luxury-goods makers are seeking to cash in on patches of new wealth in often-unexpected parts of India, where there is a growing appetite for luxury brands.

Google Rebuffs European Union on Antitrust Charges

Google rebuffed the European Union’s demand that it change the way it ranks online comparison-shopping services in its search results, setting up a potentially drawn-out legal battle.

Hermès Plays Down China Luxury Risk

French luxury-goods company Hermès International said it expects demand for its pricey handbags and fashion to remain resilient and grow 8% this year despite the risk of an economic slowdown in China.

Sanctions Bite Massive Gas Project in Russian Arctic

A race to shore up funding for the $27 billion Yamal LNG energy project in the Russian Arctic has emerged as a test of Moscow’s ability to weather Western sanctions.

As China Celebrates Victory, Businesses Cope With Loss

Beijing ordered more than 10,000 factories to close or reduce output ahead of a high-profile military parade, crimping many businesses in the capital and leaving some workers without wages.

Mansion

A Swedish Couple’s Lakeside Oasis

Entrepreneur Olof Sköld and his partner, Helene Carson, build a retreat for their family

Technology

Pentagon Advances Partnership with Tech Firms for Flexible Electronics

The Pentagon is announcing that it will contribute seed money to a consortium of Silicon Valley firms to develop what defense officials say is a promising new technology incorporating “flexible” electronics.

China’s Moves Won’t Help U.S. Tech Firms

China’s moves to spur its slowing economy are having an important but less obvious effect on the tech sector: Strengthening local companies that were already making life difficult for U.S. rivals.

Video

Body Count Rises in Migrant Effort to Reach Europe

1:38

Lebanese ‘Stink’ Protest Turns Toward Politicians

2:11

Buzz Aldrin Developing Plan to Colonize Mars

1:09