Friday, July 26, 2013

Video: Amazon reports Q2 earnings

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Source: http://www.nbcnews.com/video/cnbc/52579926/

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Potential cause of Parkinson?s disease points to new therapeutic strategy

[unable to retrieve full-text content]Biologists have made a significant discovery that could lead to a new therapeutic strategy for Parkinson's disease. The findings focus on an enzyme known as parkin, whose absence causes an early-onset form of Parkinson's disease. Precisely how the loss of this enzyme leads to the deaths of neurons has been unclear. But the TSRI researchers showed that parkin's loss sharply reduces the level of another protein that normally helps protect neurons from stress.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/WBH78yZgbjQ/130724200216.htm

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Wednesday, July 24, 2013

Asylum seeker boat sinks off Indonesia, 157 saved

JAKARTA, Indonesia (AP) ? A boat carrying would-be asylum seekers to Australia sunk in Indonesia waters, and an official said more than 150 survivors have been rescued. At least three people died, but it's unclear how many more may be missing.

The sinking comes just days after Prime Minister Kevin Rudd changed Australia's refugee policy so that people who arrive by boat will no longer be allowed to settle there. The change has drawn sharp criticism from human rights groups.

The boat sank off the West Java district of Cianjur, said Imam, an official from Indonesia's National Search and Rescue Agency, who goes by one name. He said Australian officials alerted Indonesia about the boat Tuesday night.

Rochmali, a rescuer at the scene, said 157 survivors have been rescued and three bodies recovered from the choppy waters near Cidaun, a district town about 25 miles south of Cianjur. Two children, ages 1 and 5, were among the dead.

"Some of survivors said there were about 200 people on board, but others said only 160," said Rochmali, who also uses a single name. "But we believe many have survived and run away avoiding authorities."

He said those rescued, mostly from Iran and Iraq, are being sheltered in a nearby village for treatment and identification.

Last week, Indonesia decided to stop issuing visas on arrival to Iranians because a growing number of them were smuggling drugs or using Indonesia as a transit point for seeking asylum in Australia.

As of last Friday, Australia said all newly arrived refugees would be resettled in Papua New Guinea, though their claims for asylum still will be assessed in Australia and at Australian detention camps in Papua New Guinea and the tiny island nation of Nauru.

Australia would help genuine refugees settle in Papua New Guinea - a diverse tribal society of more than 800 languages and 7 million people who are mostly subsistence farmers. Those who are found not to be genuine refugees could return to their home countries or another country other than Australia.

Scores of people from war-torn countries use Indonesia as a transit point every year where they board rickety fishing boats bound for Australia's Christmas Island, located 500 kilometers (310 miles) south of Indonesia's capital.

More than 15,000 asylum seekers have arrived in Australia by boat this year. Hundreds have died on the journey.

Rudd said the latest distressed boat highlights the need for the shift in policy.

"Too many innocent people have been lost at sea," he told reporters in Melbourne on Wednesday.

"The asylum seeker policy we've adopted is about sending a very clear message to people smugglers that if you try to come to Australia by boat you will not be settled in Australia. ... That is all about destroying the people smugglers' business model," Rudd added.

Source: http://news.yahoo.com/asylum-seeker-boat-sinks-off-indonesia-157-saved-025636757.html

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Tuesday, July 23, 2013

President cools, not cures Portuguese crisis

LISBON | Mon Jul 22, 2013 8:49am EDT

LISBON (Reuters) - Portugal's president has soothed investor concerns by keeping the government in place until 2015, but unresolved tensions over austerity mean the country's political crisis has not been laid to rest.

Essentially the immediate symptoms of crisis have been treated, but the cure for the underlying condition remains elusive.

President Anibal Cavaco Silva on Sunday ruled out a snap election and kept the center-right coalition government in place until the end of its term. This calmed some nerves about Portugal's ability to work its way out of European Union/International Monetary Fund bailout in mid-2014.

After an internal crisis threatened to break-up the coalition and talks for a "national salvation" pact with the opposition Socialists collapsed on Friday, the president's decision not to call an election was welcomed by markets.

Yields on Portugal's benchmark 10-year bonds <PT10YT=TWEB) fell about 33 basis points to 6.59 percent.

"On the face of it, one might construe this (decision) to be a positive in so much as it is seen reducing the risk of a reform hiatus," analysts at Rabobank wrote in a research note.

"But, this maintenance of the status quo does nothing to address the divergences of opinion within the ruling coalition which are likely to return to the fore before too long."

Cavaco Silva warned that the coalition partners would have to keep together to complete the bailout program, allow Portugal to return to the markets and recover from its biggest economic slump since the 1970s.

Prime Minister Pedro Passos Coelho pledged to do just that, saying the country needs to recover the confidence that had been dented by the crisis.

"We will rebuild the confidence without raising any doubts about the process we are carrying out, saying 'yes, we want to complete the assistance program on the agreed date'," he said.

Brussels also hailed the latest developments.

"We welcome the importance the president has placed on the successful completion of the economic adjustment program and will continue to work with the government and support Portugal's efforts to create conditions for a sustained recovery, growth and job creation," a European Commission spokesman said.

But there is a lot that remains unclear.

The dispute within the coalition started when Foreign Minister Paulo Portas, the leader of junior coalition partner CDS-PP party, resigned.

He objected to the appointment of former treasury secretary Maria Luis Albuquerque, an austerity advocate, as finance minister to replace Vitor Gaspar - the architect of the austerity drive in the last two years.

Passos Coelho's idea - before the president's call for the now dropped "national salvation" deal - was to make Portas his deputy and put him in charge of negotiations.

The premier on Monday confirmed this is still the plan, although he is yet to formalize the request to the president who will then announce the final terms of the reshuffle.

If the cabinet shakeup goes ahead, it remains to be seen how Portas will deal with a finance minister whose appointment he criticized and whether he could still force a standoff with the lenders on further austerity.

In a sign that Portas' likely promotion could be seen as a risk, Portugal's 10-year bond yield rebounded from session lows of 6.41 percent after the premier's comments.

"Here we are, 22 days after Finance Minister Vitor Gaspar resigned and triggered the crisis, with the political crisis far from solved - it was simply stored away in a corner for now," Publico daily newspaper said in an editorial.

The weekend events have done little to steer Portugal away from the potential of having to request a second bailout, which some fear could imply losses for private debt holders.

Rabobank's analysts warned against interpreting Monday's bond rally "as signaling the all clear in terms of Portuguese political risk and the threat this represents regarding the potential need for additional official creditor support."

Lisbon has already been forced to request a delay in the eighth review of the bailout by its creditors, originally scheduled to start last week, until the end of August or early September.

(Additional reporting by Andrei Khalip and Daniel Alvarenga in Lisbon and Martin Santa in Brussels, Editing by Angus MacSwan)

Source: http://feeds.reuters.com/~r/reuters/topNews/~3/p0znKqq9no4/story01.htm

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Mercedes-Benz Has Designed The Golf Cart Of The Future

mercedes benz vision golf cart_100434095_l

Motor Authority

Can?t afford a new Mercedes-Benz? Well how about a Mercedes-Benz golf cart?

No, the automaker famous for building some of the world?s most luxurious cars isn?t about to launch a golf cart but it has given us a preview of what such a vehicle could look like if it ever did.

During this year's Open Championship, Mercedes-Benz presented the Vision Golf Cart, which was the result of design ideas submitted by hundreds of golf fans around the globe. The ideas provided the basis for the concept, which was created by the official Mercedes-Benz design department.

Heading the project was Mercedes-Benz design chief Gorden Wagener, who said the design fits in well with the automaker?s ?Sensual-Purity? design philosophy.

The vehicle is electrically driven and runs on a battery that is charged via roof-top solar panels. Manual charging, as for a conventional golf cart, is also possible.

Inside, there?s plenty of technology. Using touch screen monitors, virtually all aspects of the cart can be controlled without extra buttons. The centre console also incorporates a multimedia panel that includes a rotatable docking station for an iPad or iPhone and a USB interface.

mercedes benz vision golf cart_100434092_l

Motor Authority

A joystick is used to control the vehicle instead of a steering wheel. This design was picked so that the vehicle can be driven by occupants on either side. One other interesting feature is the "fore button," which as its name suggests can be used to quickly warn other players of a misplaced shot.

Those golf fans that submitted the winning ideas were awarded VIP invitations to the Open Championship.

Follow Motor Authority on?Facebook,?Twitter, and?Google+.

Source: http://www.businessinsider.com/mercedes-benz-designs-golf-cart-2013-7

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Monday, July 22, 2013

Top Patch Stories This Week: Fallen Firefighters Collection, Florida Boycott Bill and More

Take a look at some of our most popular and interesting headlines.

Close out your weekend with a recap of the most interesting and popular Patch articles from last week.?

Below are the stories that topped the headlines in the San Gabriel Valley and Crescenta Valley.

Arcadia

Brush Fire Extinguished at Peck Road Water Conservation Park


The fire grew to three acres Thursday night before it was eventually knocked down.

Pasadena

Locals Collecting Donations for Fallen Firefighters' Families

The Fork Foundation, a charitable organization centered around Pasadena's giant Fork in the Road art piece, collected more than $1,200 in?donations Friday and Saturday for families of the several firefighters who recently died battling a Prescott Arizona wildfire.

Sierra Madre

Local Rep to Introduce Florida Boycott Bill

Assemblyman Chris Holden, D-Pasadena, who represents multiple local foothill cities, called for a boycott and law change in Florida following the acquittal of George Zimmerman in the Trayvon Martin shooting.

Monrovia

Gordon Ramsay's Makeover 'Didn't Work,' Restaurant to Close

Gordon Ramsay filmed an episode of his show "Kitchen Nightmares" at Sam's Kebab Room in Monrovia last summer. This summer, the restaurant is going out of business.

South Pasadena?

Post Office Burglarized

Mail was reported?missing from the South Pasadena post office at?1001 Fremont Ave.?following an early morning?break in July 13, according to police.

'Pit Bulls' Attack Puppy, Bite People in Pasadena

Two dogs that appeared to be pit bulls violently attacked a puppy walked by its owner in Pasadena Thursday.

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Source: http://altadena.patch.com/groups/editors-picks/p/top-patch-stories-this-week_733cbb05_6a1bb24e

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Hi from Florida! Does the airsoft beginner league still exist?


Hi from Florida! I'm a Computer Science student in Gainesville, and have been lurking around here for some time, playing with the idea of doing a build.

With the competition moving East it is becoming a bit more tempting.

I would probably build a wheeled or tank-treaded mech (while still trying to be at least a little anthropomorphic looking) to lower the cost, at least my first year. It looks like the beginner league didn't have any participants. Is there no longer a place for wheels or treads? What about something based on the Hexy the Hexipod platform? (assuming it can handle the payload)

Perhaps they could be speed limited and/or at a hit point disadvantage in the battle scenario league?

Just want to test the waters and say hi!

Source: http://feeds.trossenrobotics.com/~r/TRCommunity/~3/Kr0fYXAQLbE/showthread.php

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Friday, July 19, 2013

Ethiopian troops leave Somali town, leaving gap

A military spokesman in Somalia says that government forces will help to replace Ethiopian troops who vacated a Somali town in recent days.

The pull-out by Ethiopian troops from the town of Baidoa on Sunday and Monday increases the pressure on African Union and Somali forces to fill the vacuum before Islamist militants take over the region.

Col. Ali Aden Houmed, the spokesman of the African Union force in Somalia, said Wednesday that the AU and Somali forces would secure the town.

Ethiopia's withdrawal raises questions as to how long Ethiopia will continue to deploy troops in western Somalia cities. The Ethiopian government didn't immediately respond to a request for comment.

African Union forces primarily from Uganda, Burundi and Kenya are helping the Somali government fight against militants from al-Shabab.

Source: http://www.miamiherald.com/2013/07/17/3504272/ethiopian-troops-leave-somali.html

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China blocks UK drug company exec from leaving the country

China

22 hours ago

A flag (L) bearing the logo of GlaxoSmithKline (GSK) flutters next to a Chinese national flag outside a GlaxoSmithKline office building in Shanghai Ju...

ALY SONG / Reuters

A flag (L) bearing the logo of GlaxoSmithKline (GSK) flutters next to a Chinese national flag outside a GlaxoSmithKline office building in Shanghai July 12, 2013.

Pharmaceutical giant GlaxoSmithKline revealed more bad news Wednesday, disclosing that Beijing officials have barred its head of finance for China from leaving the country amid accusations of a $490 million bribery scandal.

GSK's China finance director Steve Nechelput's foreign travel has been restricted since late June, according the British drug company, which pointed out he is still working and allowed to travel within China.

"It is important to stress that at no time has he been questioned or arrested?nor is he one of the individuals in detention," said a GSK spokesman of the British national Nechelput.

That's small comfort to GSK, which has seen four of its Chinese executives detained because of the alleged bribery scandal, which comes on the heels of the company firing its head of research in development in China over a published article that misrepresented data.

After GSK fired its R&D boss, the company said in June that it had investigated allegations made by an anonymous tipster that GSK employees engaged in bribery and corruption to influence doctors in China to prescribe drugs for years. The company said a four-month probe found no evidence of wrongdoing.

But within weeks, Chinese police accused Glaxo of funneling almost $490 million to 700 travel agencies and other businesses over the years to dole out bribes to officials and doctors in the country.

(Read more: GSK fires China R&D boss)

GSK has said it is "deeply concerned and disappointed by these serious allegations," calling them "shameful," and insisting the company has "zero tolerance for any behavior of this nature."

The company in 2010 had revealed that both the Justice Department and the Securities and Exchange Commission had spoken to GSK as part of a probe into the pharmaceutical business in countries including China.

On Tuesday, Chinese state television aired an interview with GSK's vice president and manager for operations of its China investment company, Liang Hong, who is one of the four execs detained.

Liang in that interview admitted paying bribes to government officials at agencies responsible for approving drug sales and setting prices.

Although that, and GSK's humbled response to the allegations, suggest Chinese authorities may well have strong evidence against the company, observers of China argue that the GSK crackdown may indicate more concern about foreign competition than foreign corruption.

In recent weeks, Chinese officials have announced a series of probes into foreign makers of baby formula, pharmaceuticals and food packaging. On Wednesday, China said it was launching a six-month long crackdown on the pharmaceutical sector, targeting unauthorized drug manufacturers as well as illegal Internet drug sales and fake traditional Chinese medicines.

"We must resolutely punish illegal acts, expose illegal enterprises, recall problematic products," Wu Zhen, deputy commissioner for China's state Food and Drug Administration, said in a statement.

(Watch: Is China playing by the rules?)

"It's too concerted," said Daniel Gour?, vice president of the Lexington Institute, a public policy research organization, about the probes, which have rocked foreign companies in those sectors.

"They definitely want to bolster the domestic side," said Gour?, a national security analyst who also sees the Chinese actions as an effort to divert attention away from still-unresolved scandals by their domestic manufacturers in some of the same sectors, included a notorious tainted baby formula debacle, even as foreign companies rack up big gains in those areas.

"I think the Chinese are being smart, saying 'If you've got a stain on you, then throw mud on someone else,'" said Gour?.

"This is not a coincidence?it can't be," agreed author Gordon Chang, a longtime critic of China who believes the country is headed for financial meltdown because of heavy debt and dramatically slower growth. "This is actually systematic. ... I believe this is all part of a concerted plan of going after foreign companies."

"I think that what China is doing is trying to basically limit the business of foreign companies," he said.

However, a commentary in the Communist party's People's Daily newspaper said: "A crackdown on commercial bribery by multinationals is deeply significant to safeguarding the order of the market economy and protecting an environment of fair competition," Reuters reported Wednesday.

?By CNBC's Dan Mangan. Follow him on Twitter @_DanMangan

? 2013 CNBC LLC. All Rights Reserved

Source: http://feeds.nbcnews.com/c/35002/f/663286/s/2ecc7b4f/l/0L0Snbcnews0N0Cbusiness0Cchina0Eblocks0Euk0Edrug0Ecompany0Eexec0Eleaving0Ecountry0E6C10A660A693/story01.htm

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First Movie Trailer Aired on Instagram is Steve Jobs Film Biopic

steve jobs instagramTwitter introduced Vine, which allows 6-second videos by users, and Instagram followed their lead shortly after, allowing videos to be posted by users. Videos on Instagram, however, can be more than twice as long than those on Vine, with 15 seconds being the allotted time. Although it has only been a few weeks since the introduction of Instagram videos, the first condensed movie trailer has now been aired on the social media platform.

The movie "Jobs," a biopic of Apple's Steve Jobs' life, is the first to air a 15-second trailer on Instagram. The Instagram account is titled Jobs the Film, and offers a variety of pictures and information on the film, in which Ashton Kutcher plays Steve Jobs. The new page has less than 50 posts and not quite 5,000 followers (with nearly as many views on the condensed movie trailer), but that is sure to change as the film's traditional length movie trailers begin playing more readily in the lead-up to its August 16, 2013 release date in theaters.

Joni Mitchell?is a Tech Lifestyle Columnist. In addition to writing on UNIEA|UNITE, she also serves as the online customer service representative for UNIEA. ?

Source: http://www.uniea.com/blog/238/first-movie-trailer-aired-on-instagram-is-steve-jobs-film-biopic

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Thursday, July 18, 2013

Jamaica to Have Zero Energy Consuming Buildings

Prensa Latina Wednesday 17th July, 2013

Kingston, Jul 17 (Prensa Latina) Buildings that generate as much power as they consume will be erected in Jamaica through collaboration among the University of the West Indies (UWI), and the United Nations Environment Programme (UNEP) among others. The so-called zero-energy/energy-plus buildings (ZEB/EB) work by combining energy-efficient designs with efficient sources of energy sources, according to Jamaican media. This plan puts Jamaica is to lead the way in the Caribbean in the development of these buildings. The project aims to increase energy efficiency in buildings and at the same time m...

Read more

Source: http://www.caribbeanherald.com/index.php/sid/215898232/scat/e5abd99746ab67f4

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Microsoft Received 400 requests for data from India

Times Of India Wednesday 17th July, 2013

Microsoft received over 400 requests from India last year for inquiries regarding criminal activity, affecting nearly 600 different accounts, according to the American tech giant. Microsoft provided no content data in response to these requests, the company said. However, Microsoft did provide non-content data 88.5 per cent of the time, 10.5 per cent of the time Microsoft could not find any data for the account specified, and one per cent of the time Microsoft rejected the request for not meeting legal requirements. The American tech giant received as many as 418 requests from Indian law enfor...

Read more

Source: http://www.caribbeanherald.com/index.php/sid/215887119/scat/d805653303cbbba8

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Wednesday, July 17, 2013

Follow the Pope on Twitter for Less Time in Purgatory

Follow the Pope on Twitter for Less Time in Purgatory

Things you can do to get time off of Purgatory: help the poor, volunteer, and now... follow the pope on Twitter.

Read more...

Source: http://gizmodo.com/follow-the-pope-on-twitter-for-less-time-in-purgatory-806283911

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Pimco Total Return Fund adds Treasuries in tumultuous June

By Sam Forgione and Jennifer Ablan

(Reuters) - The Pimco Total Return Fund, the world's largest mutual fund, increased its holdings of Treasury securities and mortgages in June as performance fell to its lowest level since the financial crisis, data from the firm's website showed on Monday.

The fund, run by Pimco founder and co-chief investment officer Bill Gross, increased its holdings of Treasury securities to 38 percent in June from 37 percent in May during a broad selloff in the bond market.

Gross wrote on social media platform Twitter on Monday that the federal funds rate - the central bank's benchmark short-term borrowing rate - is likely to remain between zero and 0.25 percent until 2016. That low interest rate is "still the key to value," he said.

"So the #Fed #tapers with 1% or less #inflation & GNP growth? Policy rate still the key to value however. On hold ?til 2016," Gross wrote. Fifteen of the Fed's 19 policymakers in June had not expected to start raising rates until 2015 or later.

The Pimco fund also increased its holdings of mortgage securities to 36 percent in June, the most since last February, from 34 percent the prior month.

The fund was down 2.64 percent in June, marking its weakest monthly performance since September 2008, according to Morningstar. Investors pulled a record $9.6 billion from the fund last month, reducing its assets to roughly $268 billion, the Chicago-based Morningstar said.

The fund also showed a decrease in its holdings of non-U.S. developed market securities to 5 percent in June from 7 percent the prior month. Holdings of investment-grade and high-yield corporate bonds, as well as emerging market securities, were unchanged in June at 6 percent, 3 percent and 7 percent, respectively.

The Barclays U.S. Corporate High Yield Index fell 2.62 percent in June, notching its weakest performance since September 2011.

The fund's exposure to "other" securities, which may include municipal and convertible bonds, preferreds, and Yankee bonds, was at 5 percent in June.

Pimco said on its website that its U.S. Treasuries and government-related holdings may include nominal and inflation-protected Treasuries, Treasury futures and options, agencies, FDIC-guaranteed and government-guaranteed corporate securities, and interest rate swaps.

Pimco has been in the spotlight because of its large exposure in Treasuries and Treasury-related securities, which have been under severe selling pressure this year. Gross has even sought to reassure his investors, touting Pimco's 40-year performance history.

The fund is down 3.11 percent so far this year, ahead of only 24 percent of peers, according to Morningstar. Since its inception in May 1987 through last Friday, the fund has earned an annualized return of 8.04 percent, above the 6.94 percent annualized return of the Barclays U.S. Aggregate Bond Index over that period.

Fed Chairman Ben Bernanke triggered the credit market selloff when he told Congress on May 22 that the central bank could reduce its bond-buying later this year if the U.S. economy looked strong enough. The yield on the 10-year U.S. Treasury has risen 92 basis points since its close of 1.62 percent on May 2. As yields rise, prices fall.

The Fed is buying $85 billion in Treasuries and agency mortgage securities monthly in an effort to spur hiring and lower long-term borrowing costs. The Fed's stimulus has been a major source of support for both the bond and equity markets.

The Pimco Total Return Exchange-Traded Fund , meanwhile, is down 2.26 percent for the year, ahead of 54 percent of peers, according to Morningstar. The ETF was down 2.21 percent in June, marking its weakest monthly performance since its launch in February 2012. The actively-managed ETF is designed to mimic the strategy of the flagship fund.

Investors pulled $511.5 million from the ETF in June, its biggest monthly outflow since inception. In the most recent week in July, investors pulled $52.4 million, Morningstar said. The ETF is still the largest actively-managed U.S. ETF with roughly $4.3 billion in assets, the investment research firm said.

On July 7, Gross tweeted: "1 to 2 month performance numbers are a blip on a 40-year performance history. PIMCO marches on a long-term path."

In his July letter to investors, Gross said that the bond market selloff was "overdone" and that the yield on the benchmark 10-year Treasury belonged at 2.2 percent. The yield on the safe-haven bond closed at 2.54 percent on Monday.

"Don't jump ship now. We may have reached an inflection point of low Treasury, mortgage and corporate yields in late April, but this is overdone," Gross wrote.

Pacific Investment Management Co., a unit of European financial services company Allianz SE , had $2.04 trillion in assets as of the end of March, according to the firm's website.

The Newport Beach, California-based firm is run by Gross and chief executive and co-chief investment officer Mohamed El-Erian.

(Reporting by Jennifer Ablan and Sam Forgione; Editing by David Gregorio, Leslie Gevirtz and Bob Burgdorfer)

Source: http://news.yahoo.com/pimco-total-return-fund-adds-treasuries-tumultuous-june-235947330.html

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Tuesday, July 16, 2013

Kyle Massey: I'm Not Dying of Cancer

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Source: http://skeletondreams.tumblr.com/post/55439842493

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Kabam Eyes $300M In Revenue This Year As It Lets Employees Cash Out

kabamWith the IPO door seemingly shut to gaming companies, some of the biggest privately held studios in the world have been looking for new ways to reward longtime employees. San Francisco midcore game developer Kabam, which makes Kingdoms of Camelot, becomes yet another one today. They arranged a secondary offering that let employees sell $38.5 million of their shares at a $700 million valuation. Everyone in the company who had vested shares had the choice to sell, so it wasn’t limited to just the management. Kabam isn’t saying who is funding this offering, except to say that both current investors as well as a few new investors are participating. Kabam’s most recently disclosed valuation before this offering was roughly $500 million in a May 2011 deal that involved Google Ventures, Intel Capital, Redpoint Ventures and Canaan Partners. But since Kabam has successfully transitioned onto mobile platforms and away from Facebook with three of the top 25 grossing iPhone titles in the U.S., it’s been able to bump that valuation up a little bit. The company now says it may make about $300 million this year in revenues, up from $180 million last year. While the company says it’s profitable, it’s still not clear how profitable it is. Kabam said it has more than $50 million in cash in the bank today. But the company also said it had $45 million in cash in the bank back in January, so a roughly $5 million to $10 million increase in cash on the balance sheet over six months is not that much. CEO Kevin Chou has publicly talked about the company’s IPO prospects in the past. But after Zynga’s disastrous debut with a 75 percent decline in its first year, very few gaming companies seem willing to test the IPO waters. Even though The Wall Street Journal reported last month that King, the maker of Candy Crush Saga, had hired bankers to explore an IPO, sources close to the company have told me King has backed off this prospect for the time being. What that means is you have a host of companies that are throwing off cash that are tied in their ability to provide returns to early shareholders or reward employees. In this case, a secondary offering might make sense. Finland’s Supercell gave all of its employees the option to sell 16.7 percent of their stakes when they raised $130

Source: http://feedproxy.google.com/~r/Techcrunch/~3/cyGmnQ_rv5E/

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Baidu to buy mobile apps company for $1.9 billion

(AP) ? Baidu Inc., which operates China's most popular search engine, said Tuesday it will buy smartphone apps distributor 91 Wireless for $1.9 billion, adding to the scramble for the fast-growing Chinese mobile Internet market.

Beijing-based Baidu said it would buy 57 percent of 91 Wireless Websoft Ltd. owned by NetDragon Websoft Inc., a Chinese games developer, and the rest from other shareholders.

91 Wireless operates two smartphone app distribution platforms in China, 91 Assistant and HiMarket, that it says have been used to download more than 10 billion apps. The company says it is China's biggest third-party app distributor by both active users and accumulated downloads.

China has the world's biggest population of Internet users, with 564 million people online at the end of last year, according to government data. The number of people who go online using mobile phones, tablets and other wireless devices rose 18 percent last year to 420 million.

Baidu dominates traditional Internet search with nearly 80 percent of the market in China. But it faces tough competition in mobile search, where its market share has eroded.

Baidu's share of mobile search declined to 66.9 percent in March from 77.5 percent last July. That followed the launch of a rival service in mid-2012 by Qihoo 360, an information security company, which quickly gained a market share of more than 13 percent.

Beijing-based Baidu has expanded from search into music downloads, online video and other services.

In May, it announced the purchase of Internet video service PPS Net for $370 million. It said that, combined with the iQiyi.com service it already owned, would make it China's biggest mobile video platform by user numbers.

In a reflection of tougher competition, Baidu said its earnings rose 8.5 percent over a year earlier in the three months ending in March but that was down sharply from the previous quarter's 36 percent growth. The company said research and development costs increased 83 percent.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/495d344a0d10421e9baa8ee77029cfbd/Article_2013-07-15-China-Baidu-91%20Wireless/id-29ad2d16626b43d8992bafb448e8db4a

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Monday, July 15, 2013

#Facepopular, la imitaci?n bolivariana de #Facebook: Esta red social se suma a l...

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Kenny Perry shoots 63 to win US Senior Open

OMAHA, Neb. (AP) ? Kenny Perry is getting the hang of these majors. He only wishes it had happened sooner.

Perry completed a masterful performance with a 7-under 63 on Sunday that gave him a five-shot win over Fred Funk in the U.S. Senior Open.

The 52-year-old Kentuckian won his second straight senior major with a flurry. His 64-63 finish and the 10-shot deficit he overcame after 36 holes set tournament records. His 13-under total of 267 matched the lowest four-round score.

"It all came together. Why, after all these years?" Perry said. "Here I am, (almost) 53 years old, and it finally came together for me."

On the regular tour, Perry won 14 times but was best known for collapses in the 2009 Masters and 1996 PGA Championship. Those memories haunted him again in May when he squandered a three-shot lead with six holes to play in the Senior PGA Championship and lost by two to Kohki Idoki.

Just as he did two weeks ago in the Senior Players Championship at Fox Chapel, Pa., where he won by two shots over Fred Couples and Duffy Waldorf, Perry came from well behind to win in the hills and heat at the par-70 Omaha Country Club.

"This is by far the biggest tournament I ever won," Perry said. "I lost the playoff at the Master's and the PGA playoff. I didn't get the job done. Now to have a USGA title, it's an Open, it's our Open, it's what the players play for.

"To finally get it, even though it's a Senior Open, I still regard it as a very high honor."

Perry, who started Sunday two shots behind leader Michael Allen, was in front to stay after he birdied the second and third holes and Allen bogeyed the third.

Perry's 63 matched Allen's Friday score for best round of the tournament and was the best ever in a U.S. Senior Open final round.

"He put it to us," Funk said. "Six under yesterday, seven today, back-to-back. It's kind of what he did two weeks ago at Fox Chapel. He just smoked the field on the weekend. He just lapped us."

Perry made par over the last three holes. A wide smile crossed his face as he tapped in for par on 18. He dropped his putter, raised both arms and waved his visor to the gallery.

Perry is the ninth player to win consecutive senior majors. He said he wouldn't go for three in a row. He's staying home to rest rather than play the British Senior Open in two weeks.

Perry had six birdies and one bogey on his way to a 5-under 30 on the front nine Sunday. He started a run of four straight birdies when he blasted out of the sand to within 5 feet on No. 6.

By the time he made the turn, he was three shots ahead of the fading Allen.

Things momentarily got interesting when Rocco Mediate made a 10-foot putt on No. 15 for his third straight birdie to get within two shots. Over on the par-5 14th, Perry was buried in the left rough. He chipped into the fairway and was left with 130 yards to the pin.

He knocked his wedge within a foot, yelling "Be right" as his ball plopped onto the green and rolled toward the cup. After the tap-in, another birdie on No. 15 and Mediate's bogey on 16, Perry's lead was up to five and he was well on his way to his fourth win since he joined the Champions Tour in 2010.

Perry said Mediate's late run helped him keep his focus.

"I was like, 'Oh, oh, we've got to keep going. We've got to put the hammer down and work on out,' " Perry said. "Sometimes when you get leads, you kind of hang onto that lead. I didn't want that cushion. I wanted to push it on out there. I wanted a five-shot lead coming down to the last hole."

Funk, the 2009 champion, was runner-up for the second straight year and third time since 2008. He was tied with Perry after the third round but couldn't make much headway, shooting a final-round 68.

Mediate (66) and Corey Pavin (67) tied for third at 7-under 273.

The 54-year-old Allen needed acupuncture treatments for a pinched nerve in his neck to be able to play the last three rounds. His five-shot lead through 36 holes was the largest in tournament history. He followed his course-record 63 on Friday with a pair of 72s that left him in fifth place.

"Today's round was probably the greatest round I've ever played," Perry said. "I just was spot on with all my irons. I putted like Ben Crenshaw. It's just been a remarkable month. I've had a great run."

Source: http://news.yahoo.com/kenny-perry-shoots-63-win-us-senior-open-215735365.html

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Friday, July 12, 2013

How to Score a Great Vacation Rental | Northwest TripFinder

SunriverResortBend

Looking for a fun alternative to a hotel, but dislike the lace and frills of a traditional bed and breakfast? There?s another lodging option you can book with the click of a mouse?the vacation rental.

From rustic mountain cabins to deluxe oceanfront condos, vacation rentals often come loaded with perks and might even save you money.

Not all vacation rentals are second homes, but many are. This can make for some interesting experiences as the vacation home renter. You might open a dresser drawer to find someone?s spare nightie, or experience cruel disappointment when you discover the home owner?s idea of ?morning coffee? is instant.

But there may be surprising benefits, too.

SpringCreekRanchWinthrop

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Loaded with Perks

We once booked a vacation cabin near Lake Wenatchee with a colorful hand-tiled shower that was truly a work of art. A loft we rented on Orcas Island was the second story of an active pottery studio and we had a chance to watch a potter in action. You?ll probably find a vacation rental?s kitchen to be fully-stocked, which is always a plus when you forget to pack the salt and pepper. And if you love to try new board games, the average vacation home has plenty.

A friend of mine, Seattle author Lyanda Lynn Haupt,?regularly books her family?s local getaways through VRBO.com?where she recently found a deal on a cabin at Spring Creek Ranch in Winthrop. She described it as beautiful, rustic and well-designed for a family retreat, but it was the added perks of the setting that truly put this place over the top for her.

?The cabin is on an alfalfa farm at the edge of the Methow River. Right out of your cabin door you can access this trail, a lovely cross-country ski trail in winter. It?s so private and tranquil,? she told me. Other perks of the cabin included a fenced dog run, washer and dryer to launder your gear and even boarding for your horses, should you have them.

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Where to Find Great Vacation Rentals

Vacation rentals are easy to locate, evaluate and book these days with websites like HomeAway.com, Flipkey.com and VRBO.com. Owners of vacation rentals post the listings themselves, so there is no middleman or travel agency to go through. The lodgings will have plenty of descriptive text and photos for you to peruse. You can narrow your search with parameters such as the number of bedrooms you need or whether pets are allowed. You can even surface results based on keywords, like ?hot tub? or ?golf.??Most helpful, though, are the reviews left by prior renters that give you a good sense of a property?s assets, pitfalls, and overall value before you commit to the booking.

For a specific Northwest region, check out local websites that feature listings for vacation rentals. Popular with outdoor recreationists, the site CentralReservations.net features cabins and ski condos in the Methow Valley. Owners of vacation homes around Lake Wenatchee post their cabins on LakeWenatcheeInfo.com, and Mt. Baker chalet owners use mtbakerlodging.com. If your eye is set on a particular vacation resort community like Seabrook on the Washington Coast, Black Butte Ranch?or Sunriver Resort in Oregon, you can go directly to the resort?s website, then search for and book vacation rentals right there.

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Vacation Rental Tips

Ready to take the plunge on?your?next getaway? Here are some basic tips for a smooth vacation rental experience:

Do your research.?Read through the property?s reviews to see what past guests shared about their experiences. Look for common themes in the reviews. If one bad review included had a petty gripe about the front door sticking but most of the other reviews are glowing, you might confidently ignore that one bad review. But if the same complaints surface a few times, take notice.

Go offline. Lyanda Haupt always makes contact with the owners for information not included in the property description. ?I hate traffic noise, so I might call and say ?I?m looking for a place that is quiet, can you tell me how loud the highway noise is?? I appreciate it when the owner gives me a candid response, and I like engaging with the owner ahead of time.?

Follow safe practices. Perhaps you?ve read about travelers being scammed by booking vacation rentals via websites like Craigslist only to show up and find the property doesn?t even exist. Avoid being scammed by taking common sense precautions. Never wire money. Spot red flags, like if the owner pressures you to act fast before someone else books the property. And if a deal looks too good to be true, it probably is.

Read the Fine Print. Many of the rentals require minimum stays of two nights or more, or require a cleaning fee. Know what the cancellation policy is, and if there are any house rules you need to follow.

FortFlagletStatePark

Vacation Rentals in Parks

Not all vacation rentals are listed on VRBO or AirBnB. Throughout the Pacific Northwest, outdoor enthusiasts are finding cheap sleeps right on the lands they play on, and they?re not just sleeping in tents. Some dwellings are light-filled yurts near a beach, while others are historic cabins in the woods.?Rates start as low as $46 a night.

Washington State Parks offers heated cabins and yurts at twenty three state park locations, including cozy cabins at Wallace Falls State Park and canvas yurts at Cape Disappointment State Park.

Eleven Washington State Parks also have vacation house rentals available; they?re actual homes (many historic) that are heated, furnished and ready to host you on your next vacation. For example, Fort Flagler State Park on Marrowstone Island rents homes small and large that were once used by military personnel and their families. Cape Disappointment State Park rents out the lighthouse keepers? residences.

Several Oregon State Parks rent out vacation cabins ranging from very rustic to deluxe.

A fun option near Seattle is to rent a refurbished shipping container at King County?s Tolt MacDonald Park in Carnation. The mod vessel rents for $50 a night.

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A version of this article first appeared in 2012 on OutdoorsNW.com.
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Source: http://nwtripfinder.com/2013/07/11/how-to-score-a-great-vacation-rental/

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NSA at Defcon? More like No Spooks Allowed

Security

5 hours ago

Member of the DHS Advisory Committee Jeff Moss speaks at the Reuters Global Media and Technology Summit in New York, June 12, 2012. REUTERS/Brendan Mc...

Brendan McDermid / Reuters

Member of the DHS Advisory Committee Jeff Moss speaks at the Reuters Global Media and Technology Summit in New York, June 12, 2012.

The annual Defcon hacking convention has asked the federal government to stay away this year for the first time in its 21-year history, saying Edward Snowden's revelations have made some in the community uncomfortable about having feds there.

"It would be best for everyone involved if the feds call a 'time-out' and not attend Defcon this year," Defcon founder Jeff Moss said in an announcement posted Wednesday night on the convention's website.

An irreverent crowd of more than 15,000 hackers, researchers, corporate security experts, privacy advocates, artists and others are expected to attend the Las Vegas convention that begins August 2.

Moss, who is an advisor on cyber security to the Department of Homeland Security, told Reuters that it was "a tough call," but that he believed the Defcon community needs time to make sense of the recent revelations about U.S. surveillance programs.

"The community is digesting things that the feds have had a decade to understand and come to terms with," said Moss, who is known as The Dark Tangent in hacking circles. "A little bit of time and distance can be a healthy thing, especially when emotions are running high."

He said that the move was not designed to create tension, but to defuse it. "We are not going on a witch hunt or checking IDs and kicking people out," he said.

In previous years the conference has attracted officials from federal agencies including the CIA, National Security Agency, FBI, Secret Service and all branches of the military.

Last year, four-star General Keith Alexander, head of the National Security Agency, was a keynote speaker at the event, which is the world's largest annual hacking conference.

The audience was respectful, gave modest applause and also asked about secret government snooping. Alexander adamantly denied that the NSA has dossiers on millions of Americans, as some former employees had suggested before the Snowden case.

"The people who would say we are doing that should know better," Alexander said. "That is absolute nonsense."

Alexander is scheduled to speak in Las Vegas on July 31 at Black Hat, a smaller, two-day hacking conference that was also founded by Moss. It costs about $2,000 to attend and attracts a more corporate crowd than Defcon, which charges $180.

Moss said that he believes Alexander will still speak at Black Hat and that his call for a "time out" only applies to Defcon. Officials with the National Security Agency and Department of Homeland Security could not be reached for comment late on Wednesday.

The feds have previously always been welcome at the event.

Moss says he invited them the first year because he figured they would come anyway. They politely declined, then showed up incognito, he said. And they have attended every year since.

"We created an environment where the feds felt they could come and it wasn't hostile," Moss said in an interview a year ago. "We could ask them questions and they wanted to ask the hackers about new techniques."

Some feds have even worked among the motley crew of Defcon volunteers who run the conference and walk around wearing T-Shirts that identify them as "goons."

It has also become a fertile ground for recruiting. The U.S. military, intelligence agencies and law enforcement typically compete with corporations to find new talent at Defcon.

Copyright 2013 Thomson Reuters.

Source: http://feeds.nbcnews.com/c/35002/f/663301/s/2e8602cb/l/0L0Snbcnews0N0Ctechnology0Cnsa0Edefcon0Emore0Eno0Espooks0Eallowed0E6C10A60A0A964/story01.htm

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Thursday, July 11, 2013

Study: Youth attitudes shift in Great Recession

CHICAGO (AP) ? Drew Miller clearly remembers the day his father was laid off.

Miller, now 25, was a freshman at an Ohio college, full of hope and ready to take on the world. But here was this "red flag ... a big wake-up call," he says. The prosperous years of childhood were over, and his future was likely to be bumpier than he'd expected.

Across the country, others of Miller's generation heard that same wake-up call as the Great Recession set in. But would it change them? And would the impact last?

The full effect won't be known for a while, of course. But a new analysis of a long-term survey of high school students provides an early glimpse at ways their attitudes shifted in the first years of this most recent economic downturn.

Among the findings: Young people showed signs of being more interested in conserving resources and a bit more concerned about their fellow human beings.

Compared with youths who were surveyed a few years before the recession hit, more of the Great Recession group also was less interested in big-ticket items such as vacation homes and new cars ? though they still placed more importance on them than young people who were surveyed in the latter half of the 1970s, an era with its own economic challenges.

Either way, it appears this latest recession "has caused a lot of young people to stop in their tracks and think about what's important in life," says Jean Twenge, a psychology professor at San Diego State University who co-authored the study with researchers from UCLA.

The analysis, released Thursday, is published in the online edition of the journal Social Psychological and Personality Science.

Its data comes from "Monitoring the Future," an annual survey of young people that began in the mid-1970s. The authors of the study compared responses of high school seniors from three time periods ? 1976-1978 and 2004-2006, as well as 2008-2010, the first years of the Great Recession.

They found that at the beginning of this latest recession, more of the 12th-graders were willing to use a bicycle or mass transit instead of driving ? 36 percent in 2008-2010, compared with 28 percent in the mid-2000s. However, that was still markedly lower than the 49 percent of respondents in the 1970s group who said the same.

There were similar patterns for other responses, such as those who said they:

?Make an effort to turn heat down to save energy: 78 percent (1976-1978); 55 percent (2004-2006); and 63 percent (2008-2010).

?Want a job directly helpful to others: 50 percent (1976-1978); 44 percent (2004-2006); and 47 percent (2008-2010).

?Would eat differently to help the starving: 70 percent (1976-1978); 58 percent (2004-2006); and 61 percent (2008-2010).

Psychologist Patricia Greenfield said the findings fit with other research she's done that shows that people become more community-minded, and less materialistic, when faced with economic hardship.

"To me, it's a silver lining," says Greenfield, another of the study's contributors, along with lead author Heejung Park, an advanced doctoral student in psychology at UCLA.

Their analysis found that, of the three groups, the Great Recession group was still most likely to want jobs where they could make a "significant" amount of money. But the authors say that may simply be attributable to the ever-rising cost of day-to-day expenses, from groceries to electric and gas bills.

In comparison, they note that the Great Recession group also showed a bit less interest in luxury items than the students who were surveyed in the mid-2000s.

For instance, 41 percent of high school seniors questioned 2008-2010 said it was important to own a vacation home, compared with 46 percent in 2004-2006. Again, both percentages are higher than the 34 percent who said the same in 1976-1978.

These findings have a margin of error of plus-or-minus 1 percentage point, or less.

Tina Wells, CEO of Buzz Marketing Group, which tracks youth trends, says the analysis fits with what she's seen in her own work.

Many young people, she says, are living in what she calls "millennial purgatory," unemployed or under-employed, working in jobs below their qualifications, and sometimes still living at home with their parents. During the Great Recession the unemployment rate for 15- to 24-year-olds has risen above 20 percent ? more than double the overall rate.

"If you're 22 and trying to jump-start your life right now, it's not so easy," Wells says.

As a result, various 20-somethings have tempered their career expectations in different ways.

Until the economy improves, "I've been opting for security over the perfect job," says Calvin Wagner, a 24-year-old accountant in suburban Cincinnati. As he bides his time, working for a small company with little chance for advancement, he's studying for the exam to become a certified public accountant.

Like many of the survey respondents, Ashley Rousseau, a 25-year-old in Miami, says she's now more focused on a job that helps her community in some way than in landing "a corner office."

"The recession made it even more clear that I'm not going to find job satisfaction from a high-paying career," says Rousseau, who's getting her MBA and works at the medical school at Florida International University, which she says "improves the medical care in the community."

"I'm proud to be part of that mission," she says.

Miller, the 25-year-old whose dad was laid off, left Ohio when he couldn't find work there in his field, electrical engineering. He moved to Alexandria, Va., after finding a government contracting job. But he recently decided to take a chance on a new company that's using "smart technology" to help big corporations cut electrical usage for lighting their spaces.

Though it meant taking a small pay cut, he says having a job that helps the environment was a "huge" motivator.

It remains to be seen, however, how members of this generation will cope with this economic adversity.

Brent Donnellan, an associate professor of psychology at Michigan State University, has found that how parents handle the stress of an economic situation affects a child's resilience. But so does the child's personality. Perhaps not surprisingly, Donnellan says, studies have found that young people who have more self-control and who do well in school tend to weather economic hardship better.

Still others wonder if the shifts in attitudes noted in the study will last.

Lane Kenworthy, who's looked at the impact of various recessions, isn't so sure.

"In almost every case, public opinion has roughly gone back right back to what it was before," says Kenworthy, a professor of sociology and political science at the University of Arizona, who co-wrote a chapter on this topic for a book titled "The Great Recession."

The biggest exception, he says, is the Great Depression of the 1930s, when unemployment rose as high as 25 percent.

That major economic downturn saw a big shift toward the Democratic party, he says, and an embracing of government programs such as Social Security.

The downturn of the 1970s ? which caused public opinion to sway Republican ? was the only other noteworthy exception he found, he says.

Kenworthy says this recession might impact young people more because they tend to be more impressionable than their elders. But he says a lot will hinge on how long the economic downturn lasts ? and how deeply they feel the pain.

Miller, in Virginia, says he still sees a lot of his peers living beyond their means and that worries him.

"I hope that mentality will change to say, 'Hey, we have to plan ahead' because this could happen again," he says.

But Monica Raofpur, a recent graduate of the University of Texas at Dallas, doubts the Great Recession will forever change her generation.

"People usually adapt to their surroundings and make decisions based on what is going on in the present, not in the past," says Raofpur, a sales consultant in the tech industry.

The UCLA/San Diego State study was funded by the Russell Sage Foundation, which focuses social issues and has funded several projects related to the Great Recession.

___

On the Internet:

Russell Sage Foundation: http://www.russellsage.org

___

Martha Irvine is an AP national writer. She can be reached at mirvine@ap.org or at http://twitter.com/irvineap .

Source: http://news.yahoo.com/study-youth-attitudes-shift-great-recession-092134728.html

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The Liberty Reserve case And its influence about E-commerce By ...

Federal prosecutors shut down Liberty Reserve, the alternative-payment network under the Patriot Act low. The patriot act low was signed into law by President George W. Bush on October 26, 2001 as a response to the terrorist attacks of September 11th. The act expanded the Secretary of the Treasurys authority to regulate financial transactions, particularly those involving foreign individuals and entities. Liberty Reserve was one of world?s largest web based payment processing and money transfer system. The American Justice Department says that since the founding of Liberty Reserve, in 2006, it has handled more than fifty-five million transactions totaling more than six billion dollars, and as of last year it had more than a million users. Liberty Reserve operated like a bank. The deposits from customers could only be performed in its own propriety currency. Customers could open an account with Liberty Reserve, providing the bank with a name, which could be fake, and an e-mail address. The key to the scheme was that you couldnt then deposit money directly into the account. Instead, the customer had to work through middlemen, who were called ?exchangers.? These were typically unlicensed person in countries like Malaysia, Nigeria, and Vietnam, who bought Liberty Reserves currency in bulk from Liberty Reserve. The customer paid the ?exchangers? in dollars (or other currency) for a certain sum of Liberty Reserves currency. The currency deposited into the customer account. When the customer wanted to withdraw funds, the process worked in reverse, perhaps with an exchanger in a different country. (Liberty Reserve itself took a one-per-cent exchange fee on transactions, while the exchangers typically charged five per cent or more per transaction.) The point of doing it this way was that the Liberty Reserve bank would have no identifying data for the customer (no record of how or from where the customer sent the money), since the deposits and withdrawals were all done through the exchangers, In addition, they allowed customers to do international payments from one account to another via the internet with almost no questions asked. Therefore Liberty Reserve was, by all accounts the most popular form of payment, in the cybercrime underground. These news sharpen the need for reliable and Sobering companies in the international payments field, this field has been a tremendous development at the recent decades. In the past, before the era of the Internet and fast communication, when the banks and authorities had absolute control over banking services, it was impossible to manage without the banks. Subsequently a cartel of banks was formed, manifested by very high commissions for all various services they provided -continuing today despite the increasing competition in some services that previously were dominated exclusively by banks ? , starting from any ordinary transaction any person performs in the account up to international payments that one wishes to make between accounts worldwide.

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Source: http://www.ipixelcreative.net/blog/finance/the-liberty-reserve-case-and-its-influence-about-e-commerce-by-nadav-trif/

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Tuesday, July 2, 2013

Judge tosses 3 NY lawsuits against ex-Elmo actor

FILE - This Aug 16, 2006 file photo shows Kevin Clash, who was the voice and movements behind Sesame Street's Elmo, posing for a picture with Elmo in New York. Three lawsuits brought by men who said Clash sexually abused them when they were underage were tossed out by a federal judge who said in a decision published Monday, July 1, 2013, that the men waited too long to sue. (AP Photo/Seth Wenig, File)

FILE - This Aug 16, 2006 file photo shows Kevin Clash, who was the voice and movements behind Sesame Street's Elmo, posing for a picture with Elmo in New York. Three lawsuits brought by men who said Clash sexually abused them when they were underage were tossed out by a federal judge who said in a decision published Monday, July 1, 2013, that the men waited too long to sue. (AP Photo/Seth Wenig, File)

NEW YORK (AP) ? Three lawsuits brought by men who said a former Elmo puppeteer sexually abused them when they were underage were tossed out by a judge who said in a decision published Monday that the men waited too long to sue.

U.S. District Judge John G. Koeltl said the claims must be barred because they came more than six years after each man reasonably should have become aware of Kevin Clash's alleged violations and more than three years after each turned 18. One other lawsuit is pending in Pennsylvania.

Clash resigned from "Sesame Street" in November after college student Cecil Singleton sued him for more than $5 million, accusing Clash of having sex with him when he was 15.

At the time, Clash said he was leaving his job because "personal matters have diverted attention away from the important work 'Sesame Street' is doing."

Clash was the man behind Elmo, the popular furry red monster, for 28 years.

Singleton's lawsuit was among those thrown out Monday. Koeltl also rejected lawsuits brought by Kevin Kiadii, who claimed that Clash initiated contact with him on a gay chat line in 2004 when he was 16, and a third person, a Florida resident, who remained anonymous in his lawsuit as he claimed that Clash befriended him in late 1995 or early 1996 when he was 16 or 17.

Sex with a person under age 17 is a felony in New York if the perpetrator is 21 or older.

Koeltl said Singleton's claim expired in 2009, Kiadii's claim became time-barred at some point between 2008 and 2010 and the case brought anonymously would have expired between 2000 and 2002.

Adam D. Horowitz, an attorney for the men who brought the lawsuits, noted that the case was dismissed only on statute of limitations grounds.

"It should not be viewed as a vindication for Kevin Clash or a determination that he is innocent," Horowirz said. He added that lawyers were "still hearing from more of his alleged victims."

Jeff Herman, another lawyer for the plaintiffs, said he would appeal. He called the statute of limitations "an arbitrary timeline that silences victims."

A lawyer for Clash did not immediately respond to a request for comment.

In the ruling, the judge said that the time in which someone must bring a lawsuit accumulates after the victimization rather than when the individual realizes subsequent psychological harm.

Otherwise, he said, plaintiffs could make claims decades later.

"While the plaintiffs may not have recognized the extent of their injuries, they were aware of the defendant's conduct toward them and could have brought claims," Koeltl wrote.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2013-07-01-TV-Elmo%20Actor-Accused/id-478de80318314c9abf9c6d49cac7841b

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Wedding Bridal Gift Baskets

Wedding bridal gift baskets can be a terrific way of thanking those special women in one's life that have given their consent to be a part of that memorable day. This stylized container that is so popular in and of itself, can contain an incredible assortment of small gifts especially chosen just for the woman to whom it is given. There are several ways that this gift idea can unfold, each of them promising the "ooh and aah" effect. Much of the selection process will be dependent upon budget, taste and availability. And since this writer's tongue is now firmly in cheek, consider the "Christmas gift effect," which many Americans hold dear to their hearts. Whether it is rejected or not, accepted as truth or just blown off as the result of consumerism, this strange practice says that a present given must be offset by a gift in return of similar value. One can laugh and pooh pooh the notion, but the Christmas present effect's aura casts a foreboding shadow on gifts given all year long, requiring very long term memories for all givers of presents.

The result of such nonsense can be that marital celebration party members may secretly resent all the expense and hassle of being in a marriage celebration, and may hope for some sort of equal in value payback. Of course, one whose optimism remains strong in the goodness of people's hearts will find even the hint of such a possibility preposterous. So the problem of what to give will always be in the brides and grooms hands, but many wise married people know that ten years after the wedding it won't really make any difference at all! Probably many of the wedding party won't even remember if it was wedding party gift baskets or buckets that they received.

If the budget is high for such gifts, options abound. The wedding party bridal gifts baskets can be pretty impressive. One company offers wedding baskets in the shape of hat boxes, filled with gourmet chocolates and tea, for seventy-nine dollars. Or choose from the same company a basket shaped as two real leather suitcases filled again with gourmet food, for the lowly price of three hundred and twenty nine dollars. For an in between idea, try the basket in the form of a wooden antiqued box filled with, well, more gourmet food for one hundred and forty dollars. Or, as another option for the high end spender, just forget the basket and give all the women a new electronic gadget to hold twenty thousand songs.

For the high end budget, ideas for the men are also interesting. Wedding party gift baskets for them can include the handyman gift basket from one website that includes an actual handyman's tool box filled with chocolates for one hundred and forty nine dollars. Or perhaps consider the large wicker basket filled with smoked salmon, truffles and caviar for the same price, or the golf themed basket that is really a cooler in the shape of a golf bag filled with golf shaped pretzels, golf shaped cookies, golf shaped chocolates, golf shaped...well, the idea has been planted. The cost for the duffer's delight is ninety-nine dollars. Of course, with all these high end gifts, the prices does not include shipping and handling, which sometimes can be so high that the assumption is made that they are shipped from Bora Bora and handled by those with Master's degrees in logistics.

However, there are great alternatives for those who want to provide sensible gratitude gifts. Consequently, wedding bridal gift baskets can be created on less than a bloated budget. Beautiful wicker baskets can be obtained on line for less than four dollars and decorated beautifully for just a few dollars more. What is placed in one of these wedding bridal gift baskets can be chosen personally for each valued woman or girl the marriage celebration party. That kind of intimate care will be greatly appreciated by the attendants. The following are ideas that can be combined with others to create a memorable gift at a reasonable price. Consider candles, small gift certificates to a favorite coffee haunt, a framed picture of just the bride and that person, or a picture of all the women in the party. Or perhaps think about bath soaps, paperweights, gourmet chocolates, costume jewelry of reasonable taste and quality, and maybe bath slippers.

And as far as filling inexpensive wedding party gift baskets for the guys, there are also many options. Golf tees, a sleeve of his favorite golf balls, a set of small screwdrivers, and a keychain with his car's logo, an inexpensive gift certificate to download music, a cool travel mug, something with his college or pro football team's logo is cool. Perhaps a Swiss army knife or a battery powered hook sharpener for the fisherman. Whatever hobby or interest your attendant or groomsman has, some small, practical gifts can be found for that basket.

Source: http://www.christianet.com/flowers/weddingbridalgiftbaskets.htm

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