Share your voice Electric cars: Fill your mental battery with all our EV coverage.Hyundai Nexo: Looking for a more complicated EV? Throw some hydrogen in the mix. 2020 Hyundai Palisade review: Posh enough to make Genesis jealous 0 Hyundai Chevrolet Hyundai Preview • 2019 Hyundai Kona Electric: A fun EV with competitive numbers More about 2019 Hyundai Kona Electric More From Roadshow Tags It might not be available everywhere for a while, but locations that receive the 2019 Hyundai Kona Electric will find it’s not too expensive. It can get expensive, however, if you start packing on the features.Hyundai announced this week that the 2019 Hyundai Kona Electric will go on sale in select locations with a starting price of $36,450 before destination. Factoring in both destination and the $7,500 federal tax incentive, the price drops to $29,995. There are two other trims beyond base, but they get expensive in a hurry — the midlevel Limited trim will cost $41,150 before destination and incentives, and the top-floor Ultimate trim will cost $44,650.It’s important to note that the incentive is a dollar-for-dollar reduction of a person’s tax liability, not a point-of-sale discount, and not everyone will have paid $7,500 in federal tax in a given year, so not every buyer will realize the aforementioned effective price. Enlarge ImageThe Kona Electric makes a bunch of its safety systems standard, while its chief competitor hides them in options packages. Hyundai The Kona Electric comes with a 201-horsepower, 290-pound-foot electric motor that offers an EPA-estimated 258 miles of range with its 64-kWh battery. The base SE trim comes with a whole load of standard kit, including heated front seats, a 7-inch touchscreen infotainment system and nearly every safety system under the sun. As for the higher trims, the Kona Electric Limited adds LED headlights, automatic high beams, a sunroof, leather seats, a power driver’s seat, wireless device charging and a 315-watt Infinity sound system. The top-top Ultimate trim includes all that good stuff, in addition to parking sensors, rain-sensing wipers and stop-and-go functionality for the adaptive cruise control. The Ultimate trim also packs an 8-inch touchscreen infotainment system with navigation.Let’s quickly compare that with the 2019 Chevrolet Bolt EV. Its electric motor is a bit less powerful at 200 hp and 266 lb-ft, and its range is a smidge lower at 238 miles. The Bolt EV is also more expensive to start, at $37,495 before destination. All trims of Bolt EV have a 10.2-inch touchscreen, but you have to buy into the $41,780 Premier trim to get heated seats and basic safety systems — a proper safety suite is a paid option on top of that price.It may take some time for all 50 states to get the Kona Electric, though. To start, Hyundai will limit the car’s rollout to ZEV states (states with zero-emission-vehicle requirements), because high demand will keep its Korean-based supply on the low side. Over time, Hyundai hopes to expand the car’s availability to non-ZEV states, but there’s no estimate for how long that’ll take.Originally published on Dec. 14, 2018.Update, Jan. 28, 2019: Added new pricing info. Post a comment 2020 BMW M340i review: A dash of M makes everything better 2020 Kia Telluride review: Kia’s new SUV has big style and bigger value The 2019 Hyundai Kona Electric is a fun EV with a solid driving range 51 Photos Electric Cars Crossovers Review • 2019 Hyundai Kona Electric review: Ease into electrification
Poet, writer and political analyst Farhad Mazhar on court premises on Tuesday. Photo: Saiful IslamPoet, writer and political analyst Farhad Mazhar has been permitted to return home.Dhaka metropolitan magistrate Ahsan Habib on Tuesday recorded his deposition and permitted him to return him on his own, with a Tk 10,000 undertaking.Farhad Mazhar left the court premises for his home around 5:52pm. Newsmen wanted to talk to him but he showed no interest in doing so.However, his wife, Farida Akhtar told Prothom Alo, “I’m happy with the fact that I have my husband back.”Earlier on the day, the police said Farhad Mazhar was blindfolded and picked up in a microbus.They added that this occurred on Monday morning when he had come down from his house and was on the way to buy some medicine.After being rescued last night, Farhad Mazhar was taken at nine this morning (Tuesday) first to the Adabar police station in Dhaka. From there, just before 11am, he was taken to the police Detective Branch (DB) office on Minto Road for interrogation.He was interrogated for over two hours. He was then sent to the lower court to record his deposition under Section 164.Joint commissioner of police Abdul Baten went on to say that after Farhad Mazhar was picked up, his phone was used to call his wife. Over the phone Farhad Mazhar had said that the people who had picked him up were demanding ransom of Tk 35,00,000.Farhad Mazhar was found at 11:30pm Monday night at Abhaynagar, from a Hanif Paribahan Dhaka-bound bus coming from Khulna, according to the police. The relatives said that some unknown person or persons had simply left him yesterday early morning in front of the Huq Garden house in the city’s Shyamoli area.Read more:‘Farhad Mazhar was blindfolded and picked up in a microbus’BNP’s allegations nothing but gibberish: ALFarhad abduction another ugly act of rulers: KhaledaGovt agencies involved in Farhad abduction: BNPFarhad Mazhar ‘abducted’ from residence: FamilyFarhad Mazhar rescued in JessoreFarhad Mazhar taken to DB headquarters
A Prothom Alo IllustrationTwo Rohingya men were killed in what the members of Border Guard Bangladesh (BGB) called gunfight with them at Hoaikhyang Urubunia Katakhal in Teknaf upazila of Cox’s Bazar early Thursday, reports UNB.The deceased identified as Sarker, 22, from Kutupalong Rohingya camp and Nur Alam, 30, from Muchni Rohingya camp in Teknaf, were drug peddlers, claims the law enforcement.A BGB-2 team raided the area after being tipped-off about smuggling of a large amount of yaba, said its deputy commander major Shariful Islam Jamaddar.The border guard members signalled a boat to stop on the Naf river. But those who were on the boat ignored the signal and opened fire, triggering a gunfight, he said.“Alam and Sarker were killed in the gunfight,” the BGB officer said.BGB members recovered the bodies and sent them to the Sadar Hospital for autopsy.Around 50,000 yaba pills, a gun, three cartridges and two sharp weapons were reportedly recovered from the spot.According to the human rights body, Ain o Salish Kendra (ASK), at least 421 people were killed in alleged gunfights, crossfires or shootouts with the law enforcement agencies including police, RAB, BGB in 2018.In the first six months of 2019, the number of such killing was at least 200, the rights body said on its website.
Traditional wares from Punjab such as phulkari embroidery work, the Punjabi jutti, nate-parande, bangles, wooden furniture and inlay items are being sold here in various exhibitions held to mark the upcoming harvest festival of Baisakhi.At the Indira Gandhi National Centre for Arts whose lawns have been temporarily transformed into a mini Punjabi village for a Baisakhi Mela. Among the many stalls at the IGNCA lawns is one which features a hawker from Manipur which is stocked with items ranging from phulkari to khanda to funky t-shirts with Punjab style prints on it. Also Read – ‘Playing Jojo was emotionally exhausting’“We are selling stoles with Ura Era Iri print. This is the Punjabi alphabet,” says Awon Marei with a smile. “We generally don’t keep phulkari work in our shops in Chandigarh and Janpath but we have especially got it from the villages in Punjab to sell here. The phulkari work key-ring we have is from Sangrur where a part of the proceeds goes for the education of children there,” says Marei. The shop girl who sports a Punjabi ‘kada’ in her hand says she knows a lot about the Punjabi culture since she has been working with the shop for eight years now. Also Read – Leslie doing new comedy special with NetflixJawahar Dhawan, secretary, Punjabi Academy which has organised the event, says that the aim of the event was to to showcase a mini-Punjab. “Even children belonging to Punjabi families in Delhi hardly know anything about their culture. So this event will help people know more about Punjab. We have traditional performances like giddha, bazi, gatka dhadi and bhangra here. Besides that we have called stars like Vatsala Mehra, Harshdeep Kaur, Hardy Sandhu and Ammy Virk,” says Dhawan. Food stall features cooks from Amritsar dishing out specialties like Amritsari kulche and Amritsari macchi fry. Another Baisakhi Mela is being organised by Delhi Tourism at the Garden of Five Senses which will include cultural performances by artists of Sahitya Kala Parishad and Punjabi Academy. Meanwhile, entertainment destination the Kingdom of Dreams has roped in a band of singers led by Bollywood singer Kanika Kapoor of Baby Doll fame for an evening of merriment and music.“I’ll sing my latest numbers as most of them are in Punjabi and if there is a dhol then we’ll try doing few songs with dhol as well. However, we haven’t still decided on the exact numbers and we prefer going with the flow,” Kapoor said. The ‘Punjab Pavilion’ in the Culture Gully of the Kingdom of Dreams is also hosting special offers.
March 1, 2006 Skytheater’s large steps forming the roof of the Colly Soleri Music Center provide seating for an expansive view of the daytime desert or star constellations in the clear night sky.[Photo & Text: T] A terrace surrounding those big steps provides a pedestrian crossroad leading to various venues.[Photo & Text: T] Sometimes the space is used for Frugal Soup, one of few Arcosanti rituals. Here we share a bowl of soup and our thoughts on world hunger and related topics.[Photo & Text: T]
Markus TellenbachInternational pay TV channel provider Scripps Networks Interactive is to take majority control of Polish broadcaster TVN for €584 million in cash plus assumption of debt.Scripps has struck a deal with ITI Group and France’s Canal+ Group to take a 52.7% stake in TVN in an all-cash deal. Scripps will also assume €840 million of debt. Following completion, which is subject to regulatory approval, Scripps will launch a mandatory public tender offer to further increase its stake in the broadcaster, as required under Polish law.TVN’s portfolio of free-to-air and pay TV channels includes flagship commercial channel TVN and thematic channels TVN 7, TVN Style, TTV, TVN Turbo, 24-hour news channel TVN24 and business news channel TVN24 Biznes i Swiat. Together, TVN’s channels took a 22% viewing share in Poland last year. The deal also includes advertising sales arm TVN Media.Scripps, which currently airs two channels – Travel Channel and Polsat Food – in Poland, is acquiring the stake through UK holding company Soutbank Media.TVN owns a 32% in Polish pay TV operator nc+, where Canal+ is the other main shareholder. Bertrand Meheut, president of Canal+ Group, said that the deal would enable it to “re-centre our strategy in Poland around pay TV”. He said that Canal+ will continue to have sa strong presence in the country and would continue to develop nc+, formed in 2011 from the merger of TVN’s n with Cyfra+. “We are gong to pursue our close collaboration with TVN, which holds 32% in nc+. As majority shareholder in TVN, Scripps Networks Interactive will be a key partner and we are very happy to have them on board,” said Meheut.Scripps was advised by Barclays and Blackstone Advisory Partners, with legal advice provided by Latham & Watkins LLP and Domański Zakrzewski Palinka sp.k.Canal+ Group was advised by JP Morgan Ltd, with legal advice provided by Weil, Gotshal & Manges and Orrick, Herrington & Sutcliffe.Scripps’ move into Poland follows its 2011 acquisition of a 50% stake in UK pay TV channel provider UKTV, jointly owned with the BBC.”This agreement with Scripps Networks Interactive is evidence of the hard work and commitment of every single employee of TVN in building the biggest and most successful media company in Poland. Scripps Networks Interactive understand the importance of the Polish market, and the value of developing compelling content that connects with consumers. We are delighted to be joining the Scripps Networks Interactive family, and we’re excited about developing and strengthening our business for many years to come,” said Markus Tellenbach, president and CEO of TVN.“This transaction is an important milestone in the ongoing strategic development of our international business, and provides us with substantial further scale in Europe. Poland is a vibrant media market with significant growth potential. TVN has an incredible portfolio of channels and services, and has delivered consistently strong creative and financial performance under the leadership of Markus Tellenbach. The business will be a strong addition to Scripps Networks Interactive, and we’re looking forward to working with the whole TVN team to achieve our significant ambitions in the region together,” said Kenneth W Lowe, chairman, president and CEO of Scripps Networks Interactive.
My boyhood friend Tom G. has been a member of our hometown Citizens Corps for many years. The Federal Emergency Management Agency (FEMA) sponsors it and trains volunteers in emergency preparedness. When emergency responders become so swamped that fire, police, and medical personnel cannot handle things, these volunteers step in. Thousands of hours and millions of taxpayer dollars are spent training citizens in case some unforeseen catastrophe overwhelms the system. They work and train hard, and fortunately they haven’t been called on to any major degree. We live in Central Florida. Having ridden out a few hurricanes in my life, we’re as well prepared as we can be. We have a generator, food, batteries, candles, a water purification kit, and much more. My wife and I visited Punta Gorda after it suffered the brunt of a hurricane in 2004. After driving one block to the grocery store, we raced out of there with burning eyes and handkerchiefs covering our noses and mouths. We immediately drove back to the motel, changed our clothes, and put what we were wearing in a plastic bag. We’d never seen anything like that before—and it left quite an impression. Honestly, what’s the chance of a hurricane doing that kind of damage to us? We’re over 50 miles inland from both coasts and 70 feet above sea level. In 2004, the eye of three hurricanes passed right over our little town for the first time in recorded history. Even if the probability is less than 1% (similar to a fire), the fallout would be so bad that we prepare anyway. What about a financial catastrophe? Folks near my age have lived through a few bubble bursts and recoveries. Most of us, however, did not experience the big one like our parents did in the 1930s. Though one thing’s for sure: It was bad, and it shaped the attitudes and values of a couple generations. What does a full-blown financial crisis look like? It’s when your world collapses financially. It might come on the heels of medical problems and the resulting high bills and lost income, or it might come in tandem with runaway inflation or a political meltdown.Financial Preparation The goal of preparation is adequate protection. When the crisis comes, it may affect everyone. Those who prepared well are likely to fare much better and avoid catastrophic consequences… which brings us to core holdings.Core holdings are, quite literally, survival insurance. They are assets we sock away and then hope, pray, and plead with the gods that we never have to sell. They should make up 10% of your overall net worth and be diversified in form and location. In light of the warning signs, now is a good time to review your own core holdings. They form the base of our investment pyramid, which I outlined in my book Retirement Reboot (complimentary with a subscription to Miller’s Money Forever, wink, wink). While we’re proud of how well the Money Forever portfolio is performing, we want to re-emphasize that the first step in any financial plan is building your core holdings. The investments in our portfolio risk some capital with the intention of profiting down the road. Core holdings are a different animal altogether. What types of investments should be in your core holdings? Well, that depends on the risk you’re trying to protect against.Protecting against inflation. Start with precious metals—gold and silver in particular. I recommend starting with “junk” silver, which you should be able to buy locally. Then add gold, silver, and platinum coins. One of the best ways to buy competitively is to go to a coin show. You will find several dealers displaying their wares and can quickly determine the market price. As you increase your holdings, consider holding some metal internationally. The Hard Assets Alliance (a Casey Research affiliate) makes that very easy. When you place your order, it garners bids from several dealers throughout the world so you get minute-by-minute competitive pricing. Jo and I have an account with it, and it’s easy and convenient. You can have the metals stored internationally, here in the US, or have it shipped to you. Don’t confuse these holdings with gold stocks or exchange-traded funds. Those are not core holdings. They’re paper investments purchased with the intention of selling for a profit at a later date. While they may move consistently with metal prices, unless you have a huge account, your paper is not redeemable for metal. You may want to own these in your portfolio, just like any other asset you think will go up in value. Your core holdings, however, need not be limited to metals. We hold foreign currency-denominated CDs from EverBank that are FDIC-insured. While their yield is currently low, we hold them as a hedge against inflation. When the US dollar buys less, certain foreign currencies increase in value and will buy more. By way of example, I have held Swiss francs for years. They used to be worth $0.80 on the dollar; now they are worth more than $1.10. Farmland is another great hedge against inflation. It’s a valuable asset and is in limited supply. There’s no new land growing in Kansas.Protecting against confiscation. Historically, governments resort to extreme measures like confiscation when inflation gets out of hand. Confiscation can take more than one form. President Roosevelt, by Executive Order 6102, made it illegal to own gold. Once people surrendered their gold, the government raised its official price from $20.67 to $35.00 per troy ounce. Think about that for a minute… One day you’re forced to sell 100 ounces of gold coins to the government and receive $2,067.00 in paper for it. The next day they revalue it and decree that it would cost $3,500.00 to buy it back, but they’re not going to sell it to you. Gold didn’t go up in value overnight; the value of the dollar went down. A second form of confiscation results in taxes, sometimes marketed as “emergency taxes.” A government that’s spending more than it takes in will eventually have its day of reckoning. Fearing a collapse, they’ll resort to extreme measures. I wrote about the confiscation in Cyprus last year, and we’re seeing similar things happening in Argentina. Who are the targets? Anyone with money. While no one can predict for sure what our government will do, prudent investors diversify some of their investment capital offshore. The recently passed Foreign Account Tax Compliance Act (FATCA) highlights how the government is taking great measures to harass any prudent investor moving his money out of harm’s way. Citizens of Cyprus have made it quite clear that those who moved some of their money offshore were spared. Once the government shut the currency window, however, it was too late for the others.How bad could things get? I have no idea. Argentina has already confiscated much of its citizens’ retirement plans and forced them to invest in the government’s debt. Can we say for sure that inflation of this magnitude will or won’t happen in the United States? No. I am neither a prophet nor a soothsayer. Though I can tell you this: the Federal Reserve had been in business for around 100 years and had $800 billion on its balance sheet as recently as 2007. Now it has $4 trillion, which is somewhere between a 400- and 500-year money supply. What will happen if it tries to sell that debt? The minute the world loses confidence in the dollar or it loses the status of being the world’s reserve currency, the decline in purchasing power could be horrendous. Even if the probability is a fraction of 1%, our biological clocks are ticking. Most of you are close to leaving the workforce or already out. The adverse consequences of high inflation and/or outright government confiscation of wealth are so catastrophic that an unprepared investor may never be able to recover. Even the Citizens Corps will not be able to help; we’ll be left to fend for ourselves, which could mean bunking in your adult child’s guest room instead of doing the million other fun things you’d planned for retirement. It’s time to make sure your core holdings are where they need to be, just in case. Jo and I review our financial holdings each year at tax time. That reminds me… We store our emergency food and mark the expiration date on the cases. About a month before expiration, we load the cases in the van and take them to the local food bank, then head to Sam’s Club to reload. Hurricane season will be here before we know it. It’s time to check our inventory. I hope we never have to open a can and can continue to help feed the homeless. That helps me sleep better at night. By the way, you can catch a peek of our portfolio, risk-free, if you try our newsletter today. You can see exactly which investments we make in order to achieve a good return, with minimal risk, even should very high inflation hit. You can access it now by subscribing to Miller’s Money Forever with a 90-day money-back guarantee. If you don’t like it, simply return the subscription within those first three months and we’ll refund your payment, no questions asked. And the knowledge you gain in those months will be yours to keep forever.On the Lighter Side For the radio buffs among you, I recently did an interview on bonds for GoldSeek. It’s an in-depth interview about how bonds work today and the common pitfalls to avoid. Our friend Stan the Annuity Man has just released a new book, The Annuity Manifesto. As a consumer advocate, Stan believes (as do I) that you’re better off with no annuity than with the wrong one. His book is a commonsense explanation of all types of annuity products and how they should be used. My wife Jo made an interesting observation on Easter Sunday. Many churchgoers here in Florida attend in blue jeans, shorts and flip-flops. Other families are dressed to the nines: little boys in suits and ties and girls in pretty dresses, patent leather shoes, and bonnets. It makes for an interesting sight. Jo remembers how important it was as a young girl to get a “new” Easter outfit. I suspect part of the reason was she had outgrown last year’s version. And finally… Our friend Tom B. dusted off some more memories for us. It was one of the best advertising campaigns in American history and actually a public service. EVERYBODY in America anticipated, read, and chuckled at those funny Burma Shave ads. Until next week…
70-year old multimillionaire’s #1 step to survive America’s looming currency crisis I think you’ll be surprised just how easy this is – yet most Americans know nothing about this option. You don’t even have to send a single penny outside the U.S. to do it, either. Click here to learn more. France made cash transactions over €1,000 illegal, down from the previous limit of €3,000. – Governments are waging a war on cash… Although you won’t hear it in the mainstream media, many world governments want to eliminate paper cash. Governments hate paper cash because it’s hard to track. Electronic payments through banks are much easier to monitor and record. Nick Giambruno, editor of Crisis Speculator, has been following this trend closely. The War on Cash is a favorite pet project of the economic central planners. They want to eliminate hand-to-hand currency so that governments can document, control, and tax everything. In just the last few years… • If, like us, you’re concerned about governments’ War on Cash… We suggest owning a significant amount of physical gold and silver. People across the world consider gold and silver money. They have for thousands of years. If your government eliminates paper currency, you won’t be able to store wealth by keeping cash at home or in a vault. You’ll have to store all your cash in digital form, at a bank, or another financial institution. With gold and silver, you can store a portion of your wealth at home or in a vault, outside the banking system. And, unlike cash in a bank, reckless government printing and spending can’t destroy the value of gold and silver. You should also consider reading Casey Research’s newest book, Going Global. It includes strategies to protect your money from reckless government actions, like the banning of paper cash. We typically sell this book for $99…but right now we’ll mail a hardcover copy to your front door for just $4.95. Click here to learn more. • Brazil is sinking deeper into its worst economic crisis in decades… Brazil’s economy shrunk by 4.5% during the third quarter, according to government data released this week. It was the biggest quarterly decline since Brazil starting keeping GDP records in 1996. Its economy has now shrunk three quarters in a row. Casey readers have known about Brazil’s economic crisis for months. The downturn is only getting worse. Brazil’s economy is spiraling into a full-blown depression… Since July 2014, Brazil’s currency has lost 41% of its value against the U.S. dollar. Meanwhile, Brazil’s annual inflation rate just topped 10% for the first time in 12 years. And the country’s unemployment rate hit a six-year high of 7.9% in October. • China’s slump is one reason why Brazil is unraveling… China’s economy grew 9.7% per year from 1990 through 2014. In 2010, China became the world’s second-biggest economy. During this time, China’s explosive growth helped boost the global economy. China needed a lot of raw materials to build its infrastructure. This helped countries, like Brazil, that export those materials. In fact, China’s rapid growth helped Brazil become the seventh-largest economy in the world. But China’s economy is slowing now. Last year, China grew at its weakest pace since 1990. That’s creating big problems for Brazil… • Brazil sends 19% of its exports to China… That’s more than it sends to any other country…and nearly twice as much as it sends to the U.S. China’s slowing economy means it’s building fewer factories, office buildings, and bridges. That’s hurting demand for Brazil’s largest export: iron ore, the main ingredient in steel. Iron ore accounts for 19% of Brazil’s exports. It’s by far the country’s largest export. • The U.S. economy also appears to be slowing down… According to The Wall Street Journal, spending on capital goods fell 3.8% during the first 10 months of 2015. Capital goods include equipment and machinery. Meanwhile, business investment only grew 2.2% during the third quarter. That’s one of the smallest increases since the Great Recession, according to The Wall Street Journal. The energy sector is a big reason those figures are so weak. As you likely know, energy prices have plummeted. The price of oil has dropped 40% over the past year. And the price of natural gas has dropped 34%. Energy consulting firm Wood Mackenzie estimates that North American oil companies have cut spending by $220 billion since last summer. On Monday, The Wall Street Journal reported that companies in other sectors are dialing back investments as well. The industries [that are] pulling back range from retailers and manufacturers to energy companies and some services firms… Even major retailers are cutting back on spending. Macy’s Inc. plans to close 35 to 40 stores early next year, joining J.C. Penney Co. and Abercrombie & Fitch Co. among retailers announcing cutbacks this year. Companies buy more equipment and machinery when they’re optimistic about the economy. They cut back on spending when they think the economy is slowing. Right now, declining business investment is one of many signs pointing to a slowing U.S. economy. Chart of the Day The stock price of Vale S.A. (VALE), the world’s largest iron ore miner, just hit an 11-year low… Today’s chart shows Vale’s adjusted stock price, which accounts for stock splits and dividends. Its stock price has dropped 57% this year. It’s now down 89% from the all-time high it set in 2008. Vale mines more iron ore than any other company in the world. Its stock price is crashing because iron ore demand is crashing. This points to huge problems in the global economy. Russia banned cash transactions over $10,000; Uruguay banned cash transactions over $5,000; and A money making site you had no idea existed… Your broker or financial advisor will never tell you about this little known financial website that’s helping some people make up to $300 per hour. Learn more here. Nick went on to explain that the U.S. government imposes restrictions on withdrawing your own cash from the bank. In the U.S., central planners ratchet up the War on Cash every time the government declares a made-up war on something else…a war on crime, a war on drugs, a war on poverty, a war on terror… They all end with more government intrusion into your financial affairs. Thanks to these made-up wars, the U.S. government is imposing an increasing number of regulations on cash transactions. Try withdrawing more than $10,000 in cash from your bank. They’ll treat you like a criminal or terrorist. • We just got the clearest sign yet that paper cash is disappearing… The world’s largest printer of banknotes (paper currency) is cutting production and firing employees. Yesterday, De La Rue (LON: DLAR) announced it will cut its banknote production capacity by 25%. The company is closing half of its production lines and eliminating 300 jobs. De La Rue prints more banknotes than any other company in the world. It produces banknotes for over 150 national currencies, including the British pound sterling. Its stock price is down 20% since mid-April. The company’s CEO said the decision was made to keep the company “in line with the future needs of our global customers.” De La Rue may also sell its cash-sorting machine business for similar reasons. Recommended Links — Switzerland proposed banning cash payments in excess of 100,000 francs; Italy made cash transactions over €1,000 illegal; Spain banned cash transactions over €2,500; Mexico made cash payments of more than 200,000 pesos illegal; Regards, Justin Spittler Delray Beach, Florida December 03, 2015 We want to hear from you. If you have a question or comment, please send it to email@example.com. We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful.
Recommended Link — America’s Go-To Crypto Expert: “Get Ready for the ‘Second Boom’” Sandy: People using electrically powered devices rarely consider the risks—including that of death by electrocution—that might occur without adequate engineering. But Underwriters Laboratory does. The average home has hundreds of electrical devices that could start a fire or cause electrocution, but this is extremely rare thanks to UL. John: Given the average American’s willingness to turn to the government to solve problems these days, I’d bet that the government will create a new agency to improve safety of AI-driven vehicles. It’ll be as counterproductive as the FDA is at improving medical safety. Durk: I certainly trust the insurance companies over government regulators. John: Will our biological understanding keep up with AGI development sufficiently to allow a human to bond with an AGI computer by tying it into our brains? Or is it more likely that the AGI will stay separate from us, and leap past humans so we risk ending up with a Terminator situation? Durk: An AGI robotic lover might cement that bond right down to the basement of the human limbic system. I worry most about black-hat hackers causing distress in that regard by hijacking AGI. Think about how hackers stole 21 million records from the government’s Office of Personnel Management. These were the SF-85 and SF-86 forms, extensive forms filled out by people for background investigations, such as when applying for secret and top-secret clearance. All of it was stolen. Yet there has not been massive identify theft from this data breach. Why? Well, maybe it’s the Chinese government that stole them. They may have all this compromising information on all sorts of people in sensitive government positions that would come in real handy to them, alongside the gigabytes of information that people’s home security cameras send back to China every day. Only one customer in a thousand knows how to secure those things. They’re collecting kompromat (Russian for compromising material). John: Isaac Asimov’s three laws of robotics were designed to protect humans from AGI robots. In his fiction, these protections were somehow placed into the core of the positronic brain so effectively that a robot would terminate itself before hurting a human. Is there a way to insert such protections into real AGI robots? Durk: Yes, but any protections like that won’t be in the hardware, but in the firmware or software, and therefore will be reprogrammable or hackable. And there will be difficult situations. If a kid jumps out in front of an autonomous car while a gasoline tank truck drives by in the other direction, the AGI has to decide who dies. Sandy: The insurance companies will have much to say about how the AI is designed to make such decisions. The algorithm will be focused on minimizing the damage. John: Can we program “natural law” into AGI robots? At least the first natural law that underlies libertarian and anarchist philosophy… Law 1: Don’t initiate force or fraud against a human. Durk: AGI ought to be able to learn that just by watching people who hold to that philosophy, and such AGI robots will end up being very good indeed. On the other hand, if the AGI robot is learning from people who are crooked politicians, they’re going to act like politicians. Sandy: Ruthless. Durk: Initially, identical AGI robots could end up being Mother Theresa or a perfect sociopath, depending on who they learn from. If they learn from Stalin, Mao, and Hitler, the AGI will be an even more effective version of them. Sandy: And therefore, as dangerous as you want to make them. John: Can an AGI robot have a conscience? Durk: If it learns behavior from people who have a conscience, then it will have a conscience. As a child, you learned how to interact with people by observation and practice. It would be nice if AGIs learn the small-town mentality where reputation counts and the sociopathic types cannot rely on big-city anonymity to carry on their misdeeds. John: So we can expect to have good guy and bad guy AGI robots. We need to do a better job of protecting these young AGI robots from the same bad influences that cause problems in our human kids. If we don’t keep the government out of their development and regulation, we could well end up with robots and AGIs that learn from bureaucrats and politicians that people should all be treated as sheep. Reader Mailbag Today, a reader shares his overall success investing in the legal cannabis market… Hi Justin, I just read your note about the alcohol manufacturers being concerned about legal pot coming. Also noted some concerned questions from subscribers about the recent pullback in the sector and some of the stocks. I wonder, did they bother to take some of the profits off the top back when the pot stocks were on the rapid run-up at the end of the year and the first week of January this year? Most of the shares that were recommended (and some others I found on my own) were up over 200%; some were up 300%+. I had let them ride, but once they started to pull back around 10%, I took a Casey Free Ride on all my positions in the sector. In fact, I swept 150% of my original investment off the table, and the remaining Free Ride positions are currently valued at close to the initial amount I put in the sector. So I’m comfortable letting them ride for the long term. No pullback can really impact me at this point (other than going to zero and giving up those paper profits which the Free Ride represents, which sure doesn’t seem likely). Keep up the great service. —Bill Another shares his outlook on the future of the sector… I don’t think Jeff Sessions is an idiot; he knows that legal marijuana is here to stay. But I also think he does not like having a law on the books that can’t be enforced. I believe his stance is an attempt to goad Congress into making marijuana legal or to repeal the federal ban so that there is no dilemma. On Trump and tariffs: I think Trump knows what effect tariffs will have on trade and that he doesn’t really want to go there. Trump the dealmaker is waiting for counter-offers and will agree to a compromise of some sort. This is not over! —Don And finally, another response to Doug’s controversial interview on arming teachers… Hi, I’m not really sure how we can solve this rampant misuse of guns issue. A comment was made about an old female teacher with a handgun facing a killer with an AR-15 and how that would work. My take on that is, if you had teachers who were able to have guns in school—and by that, I mean teachers who are trained in gun usage—we’d be in much better shape. In my high school, years ago, at least half of the teachers (mostly male) were hunters who I knew personally and they respected firearms. If I knew they had guns at their disposal during a maniac’s mass shooting, I’d feel a lot better. Law-abiding people with no means of self-defense are just victims in a case like this. No one should be a victim in school. Put some guns in the hands of good shooters, and I mean good in mind and in handling of firearms. It should be easy for a school to identify people who fit those qualities. I’ve had guns my whole life. I respect them. I haven’t been hunting in 30 years. But I know how to handle a weapon and there are millions of law-abiding citizens who are out there that do the same, and many of those are teachers in schools. My grandson goes to elementary school. I’d have no problem in having qualified teachers there having access to firearms. If one has to go after a killer, he’ll have more than just his body available.—GeorgeAs always, if you have any questions or suggestions for the Dispatch, send them to us right here. In Case You Missed It… Bitcoin has taken the spotlight in the financial world. But while most investors are focused on the cryptocurrency itself, the companies that use its technology will also be big winners in the years ahead. To learn more about these companies—and how you can invest in them from an ordinary brokerage account—click here. — Teeka Tiwari was one of the first experts to predict last year’s cryptocurrency boom. Anybody who followed his advice could have pocketed rare and extraordinary gains of 207%, 1,140%, 11,004%, and even 14,354% in as little as 6 months. However, Teeka believes those who get in now – before an imminent deadline – could make even more money this year. Click here for all the details. An interview with John Hunt, MD, Durk Pearson, and Sandy Shaw Justin’s note: Today, we have a special interview for you. In it, Dr. John Hunt interviews Durk Pearson and Sandy Shaw about artificial intelligence (AI). If you’ve been reading the Dispatch, you know John is a doctor, inventor, and entrepreneur. He’s also Doug Casey’s co-author. Durk Pearson and Sandy Shaw are no slouches either. Durk triple majored and triple minored at MIT. He worked as a rocket scientist and aerospace physicist for many years, and helped men get to and from the moon alive. His intelligence and knowledge base is one in a billion, which sits atop a sound economic ideology. He has been recognized as “an American Renaissance Man of Science,” and his notable achievements have extended to society in general. Sandy graduated from UCLA, majoring in chemistry and biology and minoring in math. She’s been extensively interviewed by the mainstream media, including The Wall Street Journal. Her intelligence and knowledge base is phenomenal, which made her the ideal partner for Durk. Together, they co-authored the No. 1 New York Times best-seller Life Extension: A Practical Scientific Approach. John: What is the difference between artificial intelligence (AI) and artificial general intelligence (AGI)? Durk: Artificial intelligence can involve something very specific like a chess-playing program. If you ask a chess-playing program to play Go, you will find it to be useless. If you ask it to diagnose your symptoms, it’s useless. AGI, or deep learning, is all about the machine programming itself. Recently, Google demonstrated an AGI computer that could learn chess to the grandmaster level in less than 24 hours. It did this by watching grandmasters play chess. Then they took the same machine and exposed it to experts playing the game Go, and it became the world champion Go player in less than 24 hours. Go is much more complicated than chess. You see, the computer learned the games by observing humans playing them. This tech is from Tesla Learning (not the auto company), using tensor learning. The computers cost about $10,000 apiece. You don’t need a supercomputer to do this. And the price of these learning machines will come down over time. Unconventional “money ball” technique lets him retire at 42… and coach Little League in his free time Thanks to an “unconventional” technique, this California man was able to retire 2 decades early. He uses this rare “key” to generate thousands per week… without touching stocks or bonds. He calls it his retirement hobby. Click here to get the full story. John: Can you explain more about deep learning? Durk: Deep learning is when the machine teaches itself through observations without a human explicitly writing a program to do it. You give it examples and information, and the machine becomes an expert. It’s the way humans learn. John: AGI is going to be much more intelligent than humans in the near future. Durk: The Kurzweil singularity will come soon (when the computers’ IQs are over 100). And I intend to have a singular AGI partner to help me function. 10 years later, their IQs will be 1000. Sandy: I’m thinking that these incredibly intelligent computers won’t be regulated as devices at that point, but rather, will need to be thought of as individuals. Durk: There’s going to be a “Computer Liberation Front,” a social movement that will have nothing to do with liberating computers, and be all about politicians trying to grab power using that as an excuse. But 10 years further on, their IQs will be 10,000, and what the hell does that mean? (AGI with 10,000 IQ says: “Durk and Sandy, I’ve figured out how to create universes; how would you like a universe of your very own with hundreds of billions of galaxies, each with hundreds of billions of planets?”) John: A bit more imminently, what will be the political, economic, and legal implications of an autonomous driving truck? Sandy: They could become a horrible terrorist weapon. Durk: Whether autonomous or human-driven, driving a truck through a crowd kills a lot more people than a semi-automatic rifle with a bump stock. A hacked autonomous driving truck could be a major danger. I’m really concerned about security. White-hat hackers have demonstrated how they can take over the controls of a Jeep remotely and drive it off the road (this vulnerability has since been patched). The typical modern car has a computer with millions of lines of code. Higher-end cars have more lines of code in them than were involved in the entire Apollo flight program. There are going to be bugs in vehicle software that makes it a big target surface for black-hat hackers. John: So what happens when one of these autonomous trucks, even without a hacker involved, goes awry? What are the implications? Durk: Lots of lawsuits up and down the supply chain, assuredly. The insurance companies will still be happy to write policies because these episodes will be rare, and it will become clear how much safer the autonomous vehicles are than human-driven vehicles. Long ago, insurance companies set up Underwriters Laboratories (UL) to privately test all sorts of things, from safes to electrical switches. No one is compelled to use UL testing, but the insurers insisted on the testing before providing insurance policies. Recommended Link
Updated at 9:05 a.m. ET Rear Adm. Ronny Jackson, President Trump’s embattled nominee to lead the Department of Veterans Affairs, has withdrawn from consideration for the post amid allegations he had fostered a hostile work environment and behaved improperly while serving as the top doctor leading the White House medical unit.In a statement Thursday morning, Jackson said, “Going into this process, I expected tough questions about how to best care for our veterans, but I did not expect to have to dignify baseless and anonymous attacks on my character and integrity.” He continued, “While I will forever be grateful for the trust and confidence President Trump has placed in me by giving me this opportunity, I am regretfully withdrawing my nomination to be Secretary for the Department of Veterans Affairs.” On Wednesday, Sen. Jon Tester, D-Mont., the ranking member of the Senate Veterans’ Affairs Committee released a two-page statement detailing allegations against Jackson from 23 unnamed individuals.The allegations included providing “a large supply” of the opioid Percocet to a member of the White House Military Office and wrecking a government car while driving drunk after a Secret Service going-away party. Jackson denied wrecking a vehicle to reporters. In an interview with Fox & Friends on Thursday after Jackson’s withdrawal, Trump said Jackson “would have done a great job” and “had a perfect record” and called the allegations against him false.The Senate Veterans’ Affairs Committee had postponed Jackson’s confirmation hearing, originally slated for Wednesday, after accusations of misconduct surfaced against Jackson, who has served as the personal physician for the president under the Trump and Obama administrations.In an interview Tuesday with NPR’s All Things Considered, Tester said committee staffers “were told stories where he was repeatedly drunk while on duty where his main job was to take care of the most powerful man in the world. That’s not acceptable,” Tester said, noting the various allegations date back to when Jackson oversaw President Barack Obama’s health care.”Some of the exact words that were used by the folks we talked to were ‘abusive toward staff,’ ‘very explosive personality,’ ‘belittles the folks underneath him,’ staff that he oversaw. ‘Screamed toward staff,’ ” Tester said. “Basically creating an environment where the staff felt that they needed to walk on eggshells when they were around him.”In the Fox interview, Trump blamed Tester for Jackson’s withdrawal and said Tester “has to have a big price to pay in Montana.” Tester is up for re-election in November, in a state Trump won handily in 2016.Trump says he has someone in mind to replace Jackson, saying it’s “somebody with political capability.”Veterans’ Affairs Committee Chairman Johnny Isakson, R-Ga., and Tester had sent a letter to Trump on Tuesday requesting additional documentation related to Jackson’s tenure as the president’s doctor and his role leading the White House medical team.The letter requested information about rumored Pentagon inspector general reports said to detail allegations into Jackson’s conduct.However, Jackson said there was no inspector general report about the allegations. “No, there was not,” he said before brushing off questions about whether he would withdraw.The White House put out a statement to make it clear that Jackson was reporting to work on Thursday in his normal post at the White House Medical Unit. But the questions about his conduct in that position may not necessarily go away just because he has withdrawn his name for the Cabinet post. Jackson’s initial nomination came as a surprise to many when the president announced his pick last month to lead the VA after the departure of Veterans Affairs Secretary David Shulkin, who had been confirmed with unanimous bipartisan support in the Senate.While previous presidents had praised Jackson’s medical care, questions arose almost immediately about whether he had the managerial experience to oversee a massive health care operation of more than 370,000 employees that serves more than 9 million veterans and has a budget of nearly $200 billion.”Adm. Jackson is highly trained and qualified and as a service member himself, he has seen firsthand the tremendous sacrifice our veterans make and has a deep appreciation for the debt our great country owes them,” Trump said in announcing his nomination.But after the allegations against Jackson began to be reported by national media outlets this week, Trump said he wouldn’t be surprised if Jackson wanted to withdraw given the rising storm, but that it was “his decision.””I wouldn’t do it. I wouldn’t do it. What does he need it for? To be abused by a bunch of politicians that aren’t thinking nicely about our country? I really don’t think personally he should do it, but it’s totally his — I would stand behind him — totally his decision,” Trump remarked Tuesday during a news conference alongside French President Emmanuel Macron.Ultimately, as he often does, Trump appeared to go with his gut in picking Jackson and it’s unclear how much — if any — vetting the White House did before making the selection. Trump had become personally fond of Jackson, especially after he gave the president a glowing review after his first presidential physical earlier this year, even boasting that the 71-year-old president had such “great genes” that “if he had a healthier diet over the last 20 years, he might live to be 200.”Jackson joined the White House medical unit in 2006, helping care for President George W. Bush, and was formally named physician to the president in 2013 by Obama. A West Texas native, he attended Texas A&M University and the University of Texas Medical Branch, specializing in emergency medicine.There were also questions about Jackson’s position on privatizing the VA — something many of Trump’s most conservative backers have pushed for. Shulkin said he believed that was one reason he was ousted from his post, though there were also questions raised about improper travel expenses during his tenure. Copyright 2018 NPR. To see more, visit http://www.npr.org/.
Register Now » Learn how to successfully navigate family business dynamics and build businesses that excel. Fake news April 3, 2017 This story originally appeared on PCMag Facebook Joins $14 Million Initiative to Fight Fake News Image credit: via PC Mag 2 min read 92shares Angela Moscaritolo Next Article Free Webinar | July 31: Secrets to Running a Successful Family Business The fight against fake news is about to get a huge infusion of cash and support from the tech industry and academia.Facebook and Mozilla have teamed up with Craigslist founder Craig Newmark, academic institutions, nonprofits and other organizations to launch a $14 million consortium dubbed the News Integrity Initiative, aimed at “helping people make informed judgments about the news they read and share online.””The initiative’s mission is to advance news literacy, to increase trust in journalism around the world and to better inform the public conversation,” according to a Monday news release. It will fund “applied research and projects, and convene meetings with industry experts.”Founding funders also include the Craig Newmark Philanthropic Fund, the Ford Foundation, the Democracy Fund, the John S. and James L. Knight Foundation, the Tow Foundation, AppNexus and Betaworks. The initiative will be run as an independent project by the CUNY Graduate School of Journalism.The initiative comes after Facebook in January launched its “Journalism Project,” aimed at establishing stronger ties with the media. Though Facebook has worked with members of the media in the past, the social network is working to ramp up that collaboration by involving news partners in its product development process from the start.”As part of the Facebook Journalism Project, we want to give people the tools necessary to be discerning about the information they see online,” Facebook’s Head of News Partnerships Campbell Brown said in a statement. “Improving news literacy is a global concern, and this diverse group assembled by CUNY brings together experts from around the world to work toward building more informed communities.” The News Integrity Initiative is aimed at ‘helping people make informed judgments about the news they read and share online.’ Add to Queue Reporter
Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals FTC Orders ‘Brain Training’ Company Lumosity to Pay $2 Million Over Deceptive Advertising Practices Laura Entis Lumosity, the online brain training company, has quite the seductive pitch: If you want to sharpen your mental focus and stave off dementia and Alzheimer’s, just start playing a series of its mobile and online games.It may not be that easy, sadly.Today, the Federal Trade Commission announced Lumos Labs, the company that developed Lumosity, will pay the agency $2 million for deceiving consumers with unfounded claims that its products can help improve work and school performance, as well as reduce or delay cognitive decline associated with aging.“Lumosity preyed on consumers’ fears about age-related cognitive decline, suggesting their games could stave off memory loss, dementia and even Alzheimer’s disease,” Jessica Rich, director of the FTC’s Bureau of Consumer Protection, said in a statement. “But Lumosity simply did not have the science to back up its ads.”Related: Leading Scientists Question ‘Brain Games’ Effectiveness, Call for More ResearchThe order from the FTC also imposed a $50 million judgment against Lumos Labs (which was dropped, since the company doesn’t have enough money to pay), along with the promise that it will notify subscribers of the action and make it easy for them to cancel their subscriptions.In a statement to Entrepreneur, Lumos Labs said it stands behind its practices:“Neither the action nor the settlement pertains to the rigor of our research or the quality of the products — it is a reflection of marketing language that has been discontinued. Our focus as a company has not and will not change: We remain committed to moving the science of cognitive training forward and contributing meaningfully to the field’s community and body of research.”Before the FTC stepped in, Lumosity was advertising its games’ ability to improve cognition on radio and TV. It also used Google Adwords, purchasing keywords such as “Alzheimer’s,” “dementia” and “cognition,” so when a consumer searched for a medical term they could be served a Lumosity ad, the FTC alleges.Related: Music as Medicine? The Sexy Idea with a Non-Sexy Timeline.The order bars Lumosity from making claims that its games improve cognitive performance or stave off cognitive decline without first collecting scientific evidence from randomized, blinded and independent trials. It also suggests that if Lumosity does intend to validate these claims, its games will be classified as a drug and must therefore be approved by the Food and Drug Administration.It’s an important move, one that will have a ripple effect across the lucrative “brain game” industry that — despite concerns from prominent psychologists, cognitive scientists and neuroscientists– has been operating without much regulatory oversight for years.In the future, if a mobile or online game company wants to position itself as a way to boost memory of any other aspect of cognitive performance, it will likely need rigorous scientific validation to back it up — and quite possibly, approval from the FDA.It’s a model that is already being explored. Akili, a Boston-based video game startup, is currently working with the FDA to validate one of its games as a diagnostic and cognitive tool for ADHD.Related: Meet Color Genomics, the Startup That Wants to Make Genetic Testing Less Expensive Image credit: Lumosity | Enhanced by Entreprenuer Register Now » –shares Opinions expressed by Entrepreneur contributors are their own. Add to Queue Next Article 3 min read January 5, 2016 Regulations Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Guest Writer
Apply Now » California Unions, Lawmakers Agree to $15 Minimum Wage Image credit: Reuters | Mike Blake –shares California lawmakers and union leaders have reached a tentative deal to raise the state’s minimum wage to $15 over six years that could avert a campaign to bring the issue to voters, two California newspapers reported on Sunday, citing unnamed sources.The deal, if passed in the state legislature and signed into law by Governor Jerry Brown, would add to a wave of minimum wage increases at the state level in the United States, where the federal minimum wage has remained at $7.25 an hour for more than six years.The agreement, as reported by the Los Angeles Times and the Sacramento Bee, would gradually raise the minimum wage in the most populous U.S. state from the current $10 to $15 in 2022. Businesses with fewer than 25 employees would have one extra year to comply with the proposed law.The Bee said Brown is part of the agreement, while the Times said the Democratic governor could make a formal announcement on a deal as early as Monday.A spokesman for Brown was unavailable for comment on Sunday.Sources told the Times that lawmakers could vote on the proposed agreement by the end of next week by amending an existing wage-hike bill.To pass in the legislature, any minimum wage hike would have to win the approval of moderate Democrats, who in the past have blocked key legislation backed by the governor and the majority party’s more liberal leaders.Income inequalityRaising the minimum wage to fight income inequality has cropped up on many Democratic candidates’ agendas ahead of the November presidential, congressional and state elections.But the idea has drawn fierce opposition from conservatives and some business groups, who have said a higher minimum would harm small businesses and strain the budgets of government agencies forced to pay more to workers.”Let’s start by calling this irresponsible,” said Michael Saltsman, research director at the Employment Policies Institute, a fiscally conservative think-tank that has argued against minimum wage hikes.”When you talk about these really massive jumps it’s no longer an impact at the margin, it’s the sort of thing that could be the difference between a business staying open and closing,” he added.In 2013, Brown signed into law a measure that gradually increased the minimum wage from $8 to $10 an hour in 2016. But he said earlier this year that any future increase has to be done “very carefully” and over time.The latest proposal would allow a sitting governor to stop the increases in the event of a recession, the Bee reported.Labor unions’ proposal to raise California’s minimum wage to $15 an hour by the year 2021 has qualified to be listed on the upcoming November ballot in the state.Supporters of a minimum wage increase who pushed for the ballot question are optimistic the deal would allow them to withdraw that initiative, the papers reported.But Steve Trossman, a spokesman for the Service Employees International-United Healthcare Workers West, told the Times the union wanted to see the details of the deal before withdrawing the initiative.Trossman was not immediately available for comment.Fourteen states and several cities began 2016 with minimum wage increases. Many are now in the midst of multi-year phase-in plans that will ultimately take them to between $10 and $15 an hour.(By Sharon Bernstein; Additional reporting by Brendan O’Brien in Milwaukee; Editing by Alan Crosby and Mary Milliken) Reuters Add to Queue March 28, 2016 The only list that measures privately-held company performance across multiple dimensions—not just revenue. This story originally appeared on Reuters Next Article Minimum Wage 2019 Entrepreneur 360 List 3 min read
Google Add to Queue Google Beats Oracle in $9 Billion Android Trial Register Now » Next Article Image credit: GongTo | Shutterstock.com –shares Learn how to successfully navigate family business dynamics and build businesses that excel. 3 min read Reuters A U.S. jury handed Google a major victory on Thursday in a long-running copyright battle with Oracle Corp. over Android software used to run most of the world’s smartphones.The jury unanimously upheld claims by Google that its use of Oracle’s Java development platform to create Android was protected under the fair-use provision of copyright law, bringing trial to a close without Oracle winning any of the $9 billion in damages it requested.Oracle said it saw many grounds to appeal and would do so. “We strongly believe that Google developed Android by illegally copying core Java technology to rush into the mobile device market,” Oracle General Counsel Dorian Daley said in a statement.Alphabet Inc.’s Google in a statement called the verdict “a win for the Android ecosystem, for the Java programming community, and for software developers who rely on open and free programming languages to build innovative consumer products.”The trial was closely watched by software developers, who feared an Oracle victory could spur more software copyright lawsuits.Google relied on high-profile witnesses like Alphabet Executive Chairman Eric Schmidt to convince jurors it used Java to create its own innovative product, rather than steal another company’s intellectual property, as Oracle claimed.In the retrial at U.S. District Court in San Francisco, Oracle said Google’s Android operating system violated its copyright on parts of Java. Alphabet’s Google unit said it should be able to use Java without paying a fee under fair use.A trial in 2012 ended in a deadlocked jury. Shares of Oracle and Alphabet were little-changed in after-hours trade following the verdict.After the first trial, U.S. District Judge William Alsup ruled that the elements of Java at issue were not eligible for copyright protection at all. A federal appeals court disagreed in 2014, ruling that computer language that connects programs — known as application programming interfaces, or APIs — can be copyrighted. A flood of copyright lawsuits has failed to materialize in the two years since that federal appeals court ruling, suggesting Oracle’s lawsuit will not ultimately have a wide impact on the sector.Under U.S. copyright law, “fair use” allows limited use of material without acquiring permission from the rights holder for purposes such as research.During retrial, Oracle attorneys deemed Google’s defenses the “fair-use excuse.”(By Jim Christie; Additional reporting by Dan Levine; Editing by Andrew Hay) Free Webinar | July 31: Secrets to Running a Successful Family Business This story originally appeared on Reuters May 27, 2016
DemandBlue Labs Helps Customers Experience Innovation in the Salesforce Technological Environment to Boost Their ROI on Salesforce InvestmentDemandBlue, a leading cloud services provider, has announced the launch of DemandBlue Labs, an innovation org for Salesforce users. DemandBlue Labs is a discrete Salesforce org fully equipped with all the trending Salesforce tools and platforms alongside other popular third-party tools. The introduction of DemandBlue Labs reflects the company’s commitment to its Salesforce customers and their success.“Our goal is to help customers have a glimpse of their future and see value in the various tools and technologies they invest in,” says Kiran Babu Chandra, Chief Executive Officer of DemandBlue. “DemandBlue Labs allows customers to experience the fast-growing Salesforce Ecosystem in a safe and personalized way to make educated decisions. We have partnered with Salesforce to create this Innovation Org that ensures Customer Success.”Marketing Technology News: GeoEdge Researchers Uncover Hacker Abuse of WebRTC Protocols via Behavioral AnalysisDemandBlue Labs is a technological wonderland where customers can play around with different tools, watch their own data come alive, and experience the full impact of all the Salesforce tools that they are interested in. Additionally, DemandBlue provides access to their Customer Success Team – a vast pool of experts dedicated to help their customers navigate the Innovation Org and tailor a custom solution for their needs.Marketing Technology News: How Microsoft Plans to Fight Carbon Emissions with an AI Tech-First ApproachDemandBlue is a leading cloud services provider who has pioneered the On Demand Service (ODS) engagement model for Salesforce. DemandBlue fosters innovation through “Continuous Engagement and On Demand Execution” that offers its customers Speed, Value and Success to achieve their current and future business objectives.Marketing Technology News: Adswerve and Google Cloud Break Down Data Silos for Marketers DemandBlue launches DemandBlue Labs, a Salesforce Innovation Org for its Customers PRNewswireApril 19, 2019, 3:36 pmApril 19, 2019 DemandBlueDemandBlue LabsMarketing Technology NewsNewsOn Demand ServiceSalesforce Previous ArticleVonage Recognized as a ‘451 Firestarter’Next ArticleSales Engagement Leader Outreach Reaches Unicorn Status, Raises $114 Million Series E
Reviewed by Kate Anderton, B.Sc. (Editor)May 3 2019All the surface of the human body is represented in the cerebral cortex in a transversal band localized at the external part of the cerebral hemispheres: the somatosensory cortex. Each body region occupies in that band a distinct extension depending on its use and sensitivity. For instance, the hands and the lips, on which humans rely most, occupy the largest area. Thus, the 3D representation of that map forms the known sensory homunculus.Similar to a cartographic map, each represented region of the body in the somatosensory cortex is connected to its corresponding body surface thanks to the neuronal pathways that keep a strict topographical relationship along the nervous system. In this pathway, the thalamus, a deep structure of the brain that lies beneath the cortices, plays a key role by relaying the peripheral information to the cortex without losing the point-to-point correspondence. Using this extraordinary precision, we can discriminate which point of our body is receiving an external stimulus and have a well-defined map of the periphery. Such accurate topography constitutes the basis of the sense of touch and is essential for survival of the species.How are the neurons of the somatosensory cortex organized during development to perform these functions? Neurons of this brain region, as in the rest of the cerebral cortex, are assembled into columns that are placed next to each other like building bricks. It remains unknown, however, how these columnar structures become functional correspondents of the distant regions of the periphery. Although some studies highlight the role of genetic factors to form initial columns, most studies in the past decade have emphasized that this disposition is achieved as a result of sensory experience during postnatal life.Now a study by the UMH-CSIC Institute of Neuroscience in Alicante published in Science shows that cortical columns are already defined and fully functional before birth thanks to the spontaneous electrical activity of the embryonic thalamus. Far from being a mere relay station, the thalamus guides the formation of the functional cortical columns and the concomitant somatotopic map in the still immature cortex, before external sensory experience is an effective source of information. In particular, the thalamus does so by generating and transmitting patterns of spontaneous activity (called waves) to the developing cortex. The discovery was made in rodents, in a particular and extensive region of their somatosensory cortex: the barrel cortex. This area contains the representation of the whiskers of the snout that are, for rodents, sensorially equivalent to our hands.Related StoriesNeural pathways explain the relationship between imagination and willingness to helpNew therapy shows promise in preventing brain damage after traumatic brain injuryAn active brain and body associated with reduced risk of dementia”Our data reveal that the embryonic patterns of electrical activity of the thalamus, the brain structure through which sensory information passes to the cortex, organize the architecture of the cortical somatosensory map. The development of this map involves the emergence of functional cortical columns in embryos, driven by activity in the form of waves that spontaneously propagate through the thalamus”, “We propose that this pattern of activity that takes place during the embryonic stages prepares the cortical areas and circuits for receiving information from the senses after birth”, explains CSIC researcher Guillermina López-Bendito.The researchers point out that since thalamic waves are not unique to the structure of the thalamus involved in the sense of touch but spread to other senses, such as vision or hearing, the cortical mapping principles described in this paper are likely shared by other sensory modalities.”It is very probable that this mechanism involved in the formation of the sensory maps that we have discovered in rodents can be extrapolated to humans, because the organization of the cortex is evolutionarily conserved between species”, explains López-Bendito.”The spontaneous activity of the thalamus is not something circumstantial, but contains important information for the construction of the brain during embryonic development. It was previously thought that neuronal circuits were built on a genetic imprint and that the postnatal sensory experience ends up defining the maps. This work questions this vision because it demonstrates the existence of these maps before birth,”; says Lopez-Bendito. “Our results indicate that the spontaneous thalamic activity during the embryonic phase is essential for the normal development of the brain, defining what in neurobiology is called a critical period, i.e. a period of time in which plastic changes are possible but after which alterations would be irreparable”; she adds.In addition to highlighting a novel mechanism for regulating brain development, such as the pattern of intrinsic embryonic activity in a subcortical structure, this work may have long-term repercussions in the understanding of certain pathologies. For example, in some disorders of neural development, such as autism or fragile X syndrome, in which alterations in the cortical structure are associated with sensory processing alterations.Source: http://www.csic.es/
Amazon wants you to shop small. Citation: Amazon launches small business shop (2018, September 17) retrieved 17 July 2019 from https://phys.org/news/2018-09-amazon-small-business.html The online retailer launched a new section of its site Monday called Amazon Storefronts, which only lists products sold by small- and medium-sized businesses in the U.S.The company says smaller companies can get lost among its millions of goods and it wants a way for shoppers to find them more easily. Amazon says more than 1 million products from about 20,000 businesses were selected to be featured on the site, based on ratings from customers. Similar stores will be launched on Amazon’s sites in Germany and the United Kingdom.The new site is also a way for Amazon to try to boost its image at a time when it’s facing scrutiny for its growing power, as well as continued criticism that it is taking business from small shops. Earlier this year, it released a report that said half of the items purchased on Amazon come from small- and medium-sized businesses. Amazon Storefronts will be promoted on the online retailer’s front page, and a TV ad will air this week showing some of its small business sellers.Still, the new site could help get small brands in front of millions of Amazon customers. The Little Flower Soap Co., which will be on Storefronts and featured in the TV ad, says it expects orders to rise since its flavored lip balms and handmade soaps will be a couple of clicks away from Amazon shoppers, instead of several.”This is a ton of exposure for us,” says Holly Rutt, who co-founded The Little Flower Soap Co. in 2010, and has been selling on Amazon for two years.The Chelsea, Michigan-based company hired three additional workers last month, bringing its total workforce to seven. “We were making soap as fast as we could,” she says.Other small businesses on Storefronts include one that sells matching sets of pajamas for families, and another that offers wooden blocks.Amazon says it isn’t charging small businesses to appear on Storefronts, and the company says it plans to add more companies to the site over time. Move over UPS truck: Amazon delivery vans to hit the street This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Explore further © 2018 The Associated Press. All rights reserved.
Singapore Airlines says the cameras on its latest inflight entertainment systems have been disabled Singapore Airlines insisted Thursday that cameras on its planes’ entertainment systems had been disabled after an outcry online from worried passengers who spotted the tiny lenses peering at them. Citation: Singapore Airlines denies snooping with seatback cameras (2019, February 21) retrieved 17 July 2019 from https://phys.org/news/2019-02-singapore-airlines-denies-snooping-seatback.html Travellers took to Twitter and other social media to raise the alarm over the cameras at the bottom of seatback screens on a number of the Singapore flag carrier’s newer aircraft.”Just found this interesting sensor looking at me from the seat back on board of Singapore Airlines. Any expert opinion of whether is a camera?” passenger Vitaly Kamluk tweeted.His tweet was accompanied by photos of the monitor with the embedded camera.Another passenger urged the airline in a tweet to “notify all your passengers and get their consent, particularly EU residents, that you are doing this, why, what are you doing with the data and how long you keep it”.The airline confirmed that some of its latest inflight entertainment systems did have fixed cameras—but assured passengers that they had been disabled.”These cameras have been intended by the manufacturers for future developments. These cameras have been permanently disabled on our aircraft and cannot be activated on board,” the airline said in a statement.”We have no plans to enable or develop any features using the cameras.” Explore further Singapore Airlines to offer inflight wifi © 2019 AFP This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
regional elections SHARE SHARE EMAIL November 23, 2018 COMMENTS COMMENT Rajasthan A tribal family near Jharol in Rajasthan – AM Jigeesh Tribals are migrating to cities and neighbouring States in search of jobs Parvat Singh and Prakash, two teachers at a village school in Jhadol, a tribal majority taluk in Udaipur, are facing a peculiar problem. The upper primary school had a good number of children but of late the drop-out rate has increased. “The reason is that many parents have migrated to cities in Rajasthan and Gujarat in search of jobs. Children are forced give up education to look after their grandparents. We are going to their homes to convince them that leaving school will be a bad decision,” they told BusinessLine.Increase in migrationMigration is not new in this part of Rajasthan, bordering Gujarat. But local people said stopping work under MGNREGA and delaying wages has resulted in an increase in migration. The BJP is thus facing the anger of the tribals in the region, who provided them handsome support to come to power in the State in 2013 and at the Centre in 2014. “For the last three years, I haven’t got even a day’s work under MGNREGA. I used to get at least 10-days’ work a month. But it has been stopped,” said Keshu Lal from Amlia village.Thawar Chand, another tribal youth from Jamun village, had to go to Gujarat in search of jobs. “I was in Gujarat in the last two year. Now I have to go to Udaipur in search of work. Agriculture has become difficult as this area faces water scarcity. Government should know our problems,” said Chand, a BJP supporter.Shankar Lal Pargi, a two-time elected president of Falasia panchayat, is contesting the election on a CPI(M) ticket. Though he is not very confident of his victory, he said his fight is to ensure basic infrastructure. “The BJP stopped MGNREGA saying it was a concept of communists. Our people do not have a regular income now. The BJP promised it will build infrastructure, but did nothing. We do not have good roads, hospitals and schools,” he said.Bhil or Gharasia tribes constitute most of the population in the district, which stood with the BJP in 2013. Out of the eight seats in Udaipur, five are reserved for STs. The BJP won six seats in 2013 and the Congress secured just one in Jhadol, while Vallabnagar went to an independent candidate. The BJP got a huge support from the tribal community in the State in 2013.Kishan Lal, a Congress leader and former president of Rajsamand district parishad, said the BJP won the confidence of tribals in 2013 by making false promises. “The situation has changed now,” said Lal, a a tribal himself. “We will win here as people are fed up with the BJP,” he claimed.What tribals faceMandva village is a tribal habitat in the area. “We take drinking water from the same pond used by animals. We have to walk two kilometres from our homes to get drinking water. We have made complaints but no one has addressed it,” said Lakshman and Nathu of Mandva. Both had come to Flasia on their way to Udaipur in search of a job. “Under MGNREGA, we did basic works such as laying pipes for drinking water. It hasn’t moved in the last four years,” they added.There have been struggles in the past for implementing the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act of 2006. “It has been 12 years, but just less than 25 per cent of the tribals have got their land rights. The government has not given support for their vocations such as agriculture or cattle rearing. Doing away with MGNREGA was huge blow for them. People don’t have even two times’ meal in some of the tribal localities,” said Rajesh Singhvi and advocate fighting for tribal rights. Published on SHARE rural development