Business picks from elsewhere, Tuesday 13 March

Snapshot cameras, 'friends', and elderly entrepeneurs.

1. Experience trumps exams for Strategists (Financial Times)

We don't need a new class of certified strategists, writes Andrew Hill.

2. Underdeveloped (Babbage)

Snapshot cameras may soon become a thing of the past, writes Babbage.

3. Facebook's underwriter friends are cheap insurance (Reuters)

Some of the new batch of banks may be friends of convenience, writes Robert Cyran.

4. Silicon Valley's undeserved moral exceptionalism (Reuters)

Silicon valley likes to think of itself as morally exceptional, writes Rob Cox.

5. Entrepeneurs: grayer than you'd think (Portfolio)

The highest rate of entrepreneurial activity belongs to the 55-to-64 age group, writes Teresa Novellino.

 

 

Older entrepeneurs are on the rise, Getty images.
Matt Cardy/Getty Images
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What did Jeremy Corbyn really say about Bin Laden?

He's been critiqued for calling Bin Laden's death a "tragedy". But what did Jeremy Corbyn really say?

Jeremy Corbyn is under fire for describing Bin Laden’s death as a “tragedy” in the Sun, but what did the Labour leadership frontrunner really say?

In remarks made to Press TV, the state-backed Iranian broadcaster, the Islington North MP said:

“This was an assassination attempt, and is yet another tragedy, upon a tragedy, upon a tragedy. The World Trade Center was a tragedy, the attack on Afghanistan was a tragedy, the war in Iraq was a tragedy. Tens of thousands of people have died.”

He also added that it was his preference that Osama Bin Laden be put on trial, a view shared by, among other people, Barack Obama and Boris Johnson.

Although Andy Burnham, one of Corbyn’s rivals for the leadership, will later today claim that “there is everything to play for” in the contest, with “tens of thousands still to vote”, the row is unlikely to harm Corbyn’s chances of becoming Labour leader. 

Stephen Bush is editor of the Staggers, the New Statesman’s political blog.