Twitter Sings Happy Song with IPO, Telecoms Paid by CIA for Data Collection, Toronto's Rob Ford Becoming Household Name: P.M. Links

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  Credit: shareski / Foter.com / CC BY-NC

  Twitter's initial public offering today is a far cry from Facebook's first-day disaster. It initially offered stocks at $26 a share, but its first trade came in at more than $45 a share.

• Wondering why telecom companies aren't objecting to handing over data to the feds? Money, of course. The CIA is paying AT&T more than $10 million a year for their assistance.
• 250,000 Colorado residents will lose their current insurance coverage thanks to Obamacare.
• Toronto Mayor Rob Ford continues his public transformation character into a Saturday Night Live character with a hilarious but also angry and violent rant that was secretly recorded and recently distributed.
• Fearing (probably correctly) that New York City's new mayor will drop the appeals against the implementation of stop-and-frisk reforms, police unions are asking permission to intervene and keep the challenge going.
• Iranian officials say they're being offered some relief from their crippling sanctions from Europe and America for their cooperation with efforts to scale back the country's nuclear ambitions.

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