Dave Songayllo

13 Flips | 2 Magazines | 1 Following | @davesongayllo | Keep up with Dave Songayllo on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Dave Songayllo”

FBI seizes online black market Silk Road, arrests owner

<b>The US Federal Bureau of Investigation (FBI) has seized Deep Web Bitcoin-based black market Silk Road, an anonymous online marketplace, and arrested</b> …

Silk Road

The Man Who Came to Dinner

Julian Assange hasn’t set foot outside Ecuador’s London embassy in more than a year—avoiding extradition to Sweden, where he faces allegations of sexual assault. But physical confinement seems only to enhance his reach. The WikiLeaks founder has video-addressed the U.N., launched a Senate campaign …

The UK Smashed The Guardian's Hard Drives to Curtail the Snowden Leaks

The Guardian Editor in Chief Alan Rusbridger has revealed that members of the UK Government Communications Headquarters oversaw the destruction of the newspaper’s hard drives in an effort to keep material leaked by Edward Snowden from coming to light.<p>Rusbridger claims that the Guardian’s reporting …

Budweiser is most popular beer among injured ER patients, pilot study says

Many people who end their Friday or Saturday nights in a hospital emergency room have been drinking alcohol. In fact, public health experts estimate that about one-third of all injury-related ER visits involved alcohol consumption.<p>But what, exactly, are people drinking? What types of alcohol and …

Alcohol

Jesus Needs Reza Aslan, Author of 'Zealot'

Kirsten Powers talks to the writer about why Muslims rarely write about Christianity.<p>What is it about Reza Aslan that has unhinged so many people?<p>The …

This British Pub Accepts Bitcoins

It was pub group founder Stephen Early, a former computer scientist, who decided to give the currency a go. "I bought some in 2011 but there wasn't really anything to do with them," he explains. "So I did the equivalent of putting them in a drawer and forgetting about them."<p>The coins were soon …

Best and worst cities for small business workers

<i>(This story has been updated to correct the No. 5 position on the worst cities list. It's San Diego, not Detroit, which was incorrectly listed twice.)</i><p>Jobs growth on Main Street—a traditional driver of past U.S. economic recoveries—so far has been largely stagnant.<p>Faced with challenges, from taxes …

Pelosi booed for defense of NSA surveillance

SAN JOSE, Calif. (AP) — House Minority Leader Nancy Pelosi has disappointed some of her liberal base with her defense of the Obama administration's classified surveillance of U.S. residents' phone and Internet records.<p>Some of the activists attending the annual Netroots Nation political conference …

The scary reality of China’s debt crisis

The headlines today were awash with relief that China’s liquidity crisis has subsided, as the central bank, the People’s Bank of China (PBOC), finally came to the aid of banks after a week-long standoff. But it’s hard to look at this chart and see cause for relief:<p>“Keep in mind 8-9% is right on the …

Economics

Illinois Pension Crisis: This Is What Rock Bottom Looks Like

Lawmakers in Illinois are headed back to work next week to address the state's $100 billion pension crisis, the worst unfunded pension liability in the nation. While almost all states faced pension funding issues during the recession, none of them are looking at a predicament as severe as in …

Fitch says China credit bubble unprecedented in modern world history

China's shadow banking system is out of control and under mounting stress as borrowers struggle to roll over short-term debts, Fitch Ratings has warned.<p>The agency said the scale of credit was so extreme that the country would find it very hard to grow its way out of the excesses as in past …

'Insolvent' Detroit to default on some of $18.5bn debt, says emergency manager

The "insolvent" city of Detroit will default on some of its $18.5bn debt and has asked creditors to accept a fraction of money owed to them, in an …

Stock shrink: Market heading for severe correction

A Wall Street stock market "shrink" says the mood of the market, which has been manic all year, could be transitioning to a more depressive, downbeat mood.<p>NEW YORK — The mood of the stock market, manic and upbeat for most of this year, might very well be transitioning to a more depressing, downbeat …