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How Celebs Make Big Bucks for Doing . . . Nothing

How rappers, Real Housewives, and lesser Kardashians get paid just for showing up at the club

Click to view the original at gq.com

Hasnain says:

"And yet the club-appearance gig is a giant knot in Disick's life that seems to only tangle and tighten like a noose. He began booking these appearances a few years back, presumably so he could gain some agency beyond the grip of Kris Jenner and have something to call his “job.” For a while, this was working out nicely for him. He was gaining enough notoriety thanks to Keeping Up with the Kardashians that his appearance fee rose to impressive numbers: He could pull $70,000 or $80,000 a night in the U.S. At one high point, he scored a $250,000 deal for a series of appearances in the UK."

Posted on 2016-04-07T05:32:28+0000

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More Than 40% of Student Borrowers Aren’t Making Payments

More than 40% of Americans who borrowed from the government’s main student-loan program aren’t making payments or are behind on more than $200 billion owed, raising worries that millions of them may never repay.

Click to view the original at wsj.com

Hasnain says:

"Carlo Salerno, an economist who studies higher education and has consulted for the private student-lending industry, noted that the government imposes virtually no credit checks on borrowers, requires no cosigners and doesn’t screen people for their preparedness for college-level course work. “On what planet does a financing vehicle with those kinds of terms and those kinds of performance metrics make sense,” he said.

Some borrowers aren’t repaying even when they can. Research from Navient shows that borrowers prioritize other bills—such as car loans, mortgages and heating bills—over student debt. A borrower who fails to pay down an auto loan might have her car repossessed; with student loans, there is no such threat."

Posted on 2016-04-07T03:06:16+0000

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Hasnain says:

Matt King is awesome. I got to interact with him for a short while at an internal session and I was blown away when I heard his story and what he was working on

Posted on 2016-04-06T04:59:28+0000

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9-year-old reporter breaks crime news, posts videos, fires back at critics

The daughter of a reporter loves pursuing real news, and scooped the local newspaper Saturday with her reporting on a tragic homicide.

Click to view the original at www.washingtonpost.com

Hasnain says:

"But her reporting did not impress some of the good people of Selinsgrove, and they let Hilde have it on Facebook Saturday night. “I think this is appalling that u would do a story like this when all the facts are not in yet,” wrote one commenter. Her parents were attacked too: “does no one realize that this is a 9 year old reporting this type of graphic information!” wrote a Facebook poster. “I mean, what parents are encouraging this type of behavior!”

Hilde was unfazed. Sunday morning, she gathered many of the comments she’d received online, summoned her older sister and her video camera, and read the comments aloud. Then she took on her critics directly: “If you want me to stop covering news, then you get off your computers and do something about the news. There, is that cute enough for you?” "

Posted on 2016-04-06T03:54:52+0000

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Forget Apple vs. the FBI: WhatsApp Just Switched on Encryption for a Billion People

This morning, at a small office in Mountain View, California, WhatsApp made the scope of the Apple-FBI encryption battle look kinda small.

Click to view the original at wired.com

Hasnain says:

This is really huge.

"But the app’s two founders, for all their success, have remained in the shadows. They almost never speak with the media. Koum, in particular, is largely uninterested in press or publicity or, for that matter, any human interaction he deems extraneous. “Clearly, you can’t believe everything you read in the press,” he tells me, a reporter. Although the company runs one of the world’s largest online services—and is owned by the world’s biggest social network—it continues to operate almost entirely on its own in an unmarked building in Mountain View that’s fronted by unusually diligent security. And because the app is far more popular overseas than in the US, the typically fervent Silicon Valley tech press has largely left them alone. As a result, the American public hasn’t quite grasped the enormous scope of the company’s encryption project or the motivations behind it."

Posted on 2016-04-05T16:35:04+0000

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Iceland PM Resigns Following Protests Over Offshore Investments

The Panama bank secrecy leak claimed its first scalp after Icelandic Prime Minister Sigmundur David Gunnlaugsson resigned following revelations about his personal finances.

Click to view the original at www.bloomberg.com

Hasnain says:

Just a day after he said he wouldn't and that he doubted people would show up to a protest. About 8% of the country showed up

Posted on 2016-04-05T16:14:08+0000

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On Virgin America

My first airline was started out of frustration. As a young record executive, I travelled the world flying by other airlines, but found the experience dreadful. So in 1984 I chartered one second-hand Boeing 747 and offered flights between London and New York. People thought we were mad and bound to…

Click to view the original at www.virgin.com

Hasnain says:

"Because I'm not American, the US Department of Transportation stipulated I take some of my shares in Virgin America as non-voting shares, reducing my influence over any takeover. So there was sadly nothing I could do to stop it."
- Sir Richard Branson, Virgin founder.

Posted on 2016-04-05T06:56:22+0000

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How I Went From Leading the Egyptian Revolution to Making Minimum Wage in San Francisco

In 2011, Ahmed Salah was a leading Egyptian revolutionary who met with ambassadors and Secretaries of State. Now he is nearly homeless in San Francisco.

Click to view the original at priceonomics.com

Hasnain says:

Really sad, really moving, and incredibly well written. Also shines a light on how western journalists go for the easier reporting avenues instead of ground truths, something I see about Pakistan as well.

"I understand why outsiders attributed the revolution to people like Ghonim. Facebook posts are more visible than secret meetings, and Egyptians who spoke English and appeared on CNN had smartphones."

Posted on 2016-04-05T06:46:59+0000

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Hello World

The following is a short essay about my journey into the field of computer science – why I made the switch from a previous career path, my hopes, dreams, and heart-breaks, and where I hope to…

Click to view the original at rewritingthecode.com