Tuesday, June 18, 2013

Why Gaming Is Still A Great Bet For Investors

kristian_segerstraleTechCrunch writer Kim-Mai Cutler and Benchmark Capital general partner Mitch Lasky recently wrote two insightful pieces on venture investment in games (here and here) ? both expressing some degree of skepticism of venture capital models for funding game startups. I agree venture funding is not for every game startup, and certainly not every game startup makes for a great venture investment. However, I would argue the case for venture funding for games is today stronger than ever both for both game startups and investors.

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

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Why Has Canopy Meg Been Ousted?

Something smells fishy.

A few weeks ago, the Raleigh News Observer reported that Dr. Margaret Lowman, known to many in the science communication field as Canopy Meg, was going to be ?shifted? out of her position as Director of the Nature Research Center. Her new position as ?ambassador? appears to carry no significant responsibilities, and no one reporting to her.

This seems to be a massive waste of talent.

I have been following Canopy Meg on Twitter since I met her at Science Online a few years ago. The same day as the announcement, I happened to see this tweet:

Just launched a new NSFgrant on canopy ecology & water bears w/mobility limited students! Treetops or bust! http://t.co/nC1voKjE9D

? Meg Lowman (@canopymeg) June 5, 2013

I remember telling my husband about it as we walked to lunch. I couldn?t get over what a thoughtful, integrated research program this was ? increase representation of mobility limited scientists, increase awareness of mobility issues, do cool science. It was a win-win-win. It wasn?t until later that same day that I saw a few more tweets of local Raleigh folk posting news of Canopy Meg?s ?reassignment.?

There has been no news since the original story. No answers for those of us who are great admirers of Canopy Meg as a scientist, a communicator, and a female leader. I have heard that there are many outstanding female scientists who are devastated by the restructuring of the Nature Research Center?s leadership, and especially the loss of Meg.

The Nature Research Center?s core mission according to its website is to ?bring research scientists and their work into the public eye, help demystify what can be an intimidating field of study, better prepare science educators and students, and inspire a new generation of young scientists.? This seems inconsistent with the restructuring going on there, especially removing a woman who has done so much for science and underrepresented people in science.

If you?re as angry as me, there are three things you can do.

  1. Letters of objection to the decisions and/or support for Meg could be e-mailed to one or more of the following major players:
    • Emlyn Koster, Ph.D. ? Director, NC Museum of Natural Sciences
    • Brad Ives, J.D. ? Assistant Secretary, NC Department of Environment and Natural Resources
    • John Skvarla, Ph.D. ? Secretary, NC Department of Environment and Natural Resources
    • George House, J.D. ? Chair, Advisory Council, NC Museum of Natural Sciences
    • Mike Murphy ? Board Chairman, Friends of the NC Museum of Natural Sciences
    • Rob Christensen ? News and Observer political reporter who broke the story
    • Lisa Sorg ? Editor, INDY Week
    • To all of these I would recommend that you cc Mark D. Johnson ? Director, External Affairs, NC Museum of Natural Sciences
  2. Comment directly on the Raleigh News and Observer article announcing Meg?s ?reassignment? ? this thread is read far and wide across the capital and surrounding area: http://www.newsobserver.com/2013/06/05/2941409/star-scientist-out-as-head-of.html
  3. Share this blog post far and wide. Ask your friends to join you in asking what this restructuring will accomplish, and how the Nature Research Center could possibly fill the void without Canopy Meg.

I?m hoping the advisory board of the museum and/or the director of the NC Museum of Natural Sciences will have something to say about all of this, and soon. Women in leadership positions in the sciences are rarities, and Canopy Meg embodies all of the things I wish to be as a scientist: kind, thoughtful, engaged, ridiculously smart, and encouraging. She has done so much for women and other underrepresented groups. Now it?s time for us to do something for her.

Source: http://www.scientificamerican.com/blog/post.cfm?id=why-has-canopy-meg-been-ousted

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Will You or the Grid Control Your Electric Car?

Simply controlling where and when electric cars charge could go a long way to easing any spikes in electricity demand


pecan-street-neighborhood

PECAN STREET: A new development near Austin, Texas boasts the largest concentration of electric car owners in the U.S. Image: Courtesy of GM

  • Showcasing more than fifty of the most provocative, original, and significant online essays from 2011, The Best Science Writing Online 2012 will change the way...

    Read More??

There's a street in Austin, Texas, where the residents have agreed to be the test subjects for a renewable energy and smart grid future?and it's named after a nut. The Pecan Street demonstration project?part of the newly built 280-hectare neighborhood known as Mueller?has become the largest concentrated community of electric vehicle (EV) owners in the world. The community now has nearly 60 Chevy Volt owners alone, thanks to the demonstration project's commitment to match the federal government's $7,500 rebate incentive, effectively halving the price of the hybrid electric cars. And, in addition to learning where and when EV owners charge up their cars, Volt manufacturer General Motors is hoping to learn from the folks on Pecan Street how a residential fleet of electric vehicles might change the electric grid.

Such a dense cluster of electric vehicles might strain the grid if all owners try to charge them at the same time?say, on returning home in the evening?and that does indeed seem to be the case based on preliminary monitoring. So GM is considering a new program that delivers so-called "demand response" that can ease back the amount of electricity each car's battery pack consumes. For example, on a hot summer evening when electricity is in high demand for air-conditioning, the system could drop the amount of power going to an individual car from 3.3 kilowatts to just 1.2 kW or even less, explains Paul Pebbles, GM's global manager of Electric Vehicle and Smart Grid Services.

The technology works through the now ubiquitous OnStar technology for GM cars and is applicable to all the EVs GM makes, from the Volt sedan to the new Spark EV minicar. (OnStar can also be used to help the new Spark EV find charging stations while en route?because the all-electric car only has an 132-kilometer range?as well as plot a route to that plug.)

Such demand response is different from using electric vehicle batteries as a form of storage or backup for the electricity grid, which can put undue strain on batteries as they constantly cycle from fully charged to nearly drained. Demand response doesn't cycle the battery this way but rather throttles the flow of electrons into the battery when it is recharging. "When you're driving, you're pulling out a lot more kilowatt-hours and putting them back in with braking than anything we could do remotely," Pebbles argues. The idea is to still deliver what the customer wants: a fully charged car and electricity bill savings via some kind of payment from the utilities or grid operators that benefit from the reduction in demand.

Of course remote control of your car may seem a little off-putting at first, especially because it could be done invisibly, but "we would never do this without customer consent," Pebbles promises, noting that the program will be entirely opt-in. "Anything we do there has to have a benefit in it for the customer. If not, there's no reason to do it." One hope is to coordinate EV charging with the electricity pulled from the rooftop solar panels on many of the homes in the new development, although that would require the cars to be home during the day.

Source: http://www.scientificamerican.com/article.cfm?id=remote-control-of-electric-cars

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Pay Per Click Management - Shvoong

Pay Per Click or PPC is also known as paid search marketing. It is a
kind of online advertising where advertisers pay the search engines (eg
Google, Yahoo and MSN) for every visitor. Sometimes the cost per click
becomes too high, but for the broad utility (in attracting visitors), it
is universally used.

Why Pay Per Click?

Pay Per Click advertising is a form of paid search marketing. It is a form of advertising in which advertisers bid for a place where they want to place their ads on search engines (like Google, Yahoo, and MSN etc.). In simple terms, the highest bidder gets the highest spot for a particular keyword.

Currently all the major search engines have their Pay per Click Advertising. For example, Google Adwords, Overture from Yahoo and MSN AdCenter which appears at the top right of the search engines you are all PPC ads.

Who needs Pay Per Click Advertising?

There is a fundamental difference between organic search engine optimization and Pay Per Click Advertising. While organic search engine optimization (performed by humans takes a lot of time) Pay Per Click Advertising is less time consuming and effective at the same time. With the popularity of Google, Yahoo and MSN Pay Per Click Ads, all major search engines now vote for it. This helps in attracting targeted traffic and thus increase the publicity of this website.

Pay Per Click Management function:

Quick way to drive traffic: Pay Per Click Management Function is to attract traffic immediately. This is an alternative method of search engine optimization, while in the former, there are no associated costs, here you have to pay per click to get the desired traffic in a short time.


Effective management of PPC to become familiar with the site: In order to effectively manage PPC, understanding the specific network, a variety of methodologies and practices, and network familiarity required. It can be acquired through practice and study of a strong search parameters. Professional PPC managers can do this quite easily.

Budget and geographic location of the target traffic

: PPC offers a wide range of markets with search engines identify the ideal. This is done by analyzing the budget and based on the geographical location of the target traffic.

Persuasive ad copy

: Another function of PPC management is to write ad copy moves to attract targeted traffic.

Monitoring your campaign

: One of the important functions of management is to monitor PPC campaigns and improve your search engine results.

Pay Per Click also guarantees the following

Source: http://www.shvoong.com/internet-and-technologies/business-economy/2377753-pay-click-management/

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Sunday, June 16, 2013

Climate talk shifts from curbing CO2 to adapting

WASHINGTON (AP) ? Efforts to curb global warming have quietly shifted as greenhouse gases inexorably rise.

The conversation is no longer solely about how to save the planet by cutting carbon emissions. It's becoming more about how to save ourselves from the warming planet's wild weather.

It was Mayor Michael Bloomberg's announcement last week of an ambitious plan to stave off New York City's rising seas with flood gates, levees and more that brought this transition into full focus.

After years of losing the fight against rising global emissions of heat-trapping gases, governments around the world are emphasizing what a U.N. Foundation scientific report calls "managing the unavoidable."

It's called adaptation and it's about as sexy but as necessary as insurance, experts say.

It's also a message that once was taboo among climate activists such as former Vice President Al Gore.

In his 1992 book "Earth in the Balance," Gore compared talk of adapting to climate change to laziness that would distract from necessary efforts.

But in his 2013 book "The Future," Gore writes bluntly: "I was wrong." He talks about how coping with rising seas and temperatures is just as important as trying to prevent global warming by cutting emissions.

Like Gore, governmental officials across the globe aren't saying everyone should just give up on efforts to reduce pollution. They're saying that as they work on curbing carbon, they also have to deal with a reality that's already here.

In March, President Barack Obama's science advisers sent him a list of recommendations on climate change. No. 1 on the list: "Focus on national preparedness for climate change."

"Whether you believe climate change is real or not is beside the point," New York's Bloomberg said in announcing his $20 billion adaptation plans. "The bottom line is: We can't run the risk."

On Monday, more than three dozen other municipal officials from across the country will go public with a nationwide effort to make their cities more resilient to natural disasters and the effects of man-made global warming.

"It's an insurance policy, which is investing in the future," Mayor Kevin Johnson of Sacramento, Calif., who is chairing the mayors' efforts, said in an interview Friday. "This is public safety. It's the long-term hazards that could impact a community."

Discussions about global warming are happening more often in mayors' offices than in Congress. The Obama administration and local governments are coming up with thousands of eye-glazing pages of climate change adaptation plans and talking about zoning, elevation, water system infrastructure, and most of all, risk.

"They can sit up there and not make any policies or changes, but we know we have to," Broward County, Fla., Mayor Kristin Jacobs said. "We know that we're going to be that first line of defense."

University of Michigan professor Rosina Bierbaum is a presidential science adviser who headed the adaptation section of the administration's new National Climate Assessment. "It's quite striking how much is going on at the municipal level," Bierbaum said. "Communities have to operate in real time. Everybody is struggling with a climate that is no longer the climate of the past."

Still, Bierbaum said, "Many of the other developed countries have gone way ahead of us in preparing for climate change. In many ways, the U.S. may be playing catch-up."

Hurricanes, smaller storms and floods have been a harsh teacher for South Florida, said Jacobs.

"Each time you get walloped, you stop and scratch your head ... and learn from it and make change," she said. "It helps if you've been walloped once or twice. I think it's easier to take action when everybody sees" the effect of climate change and are willing to talk about being prepared.

What Bloomberg announced for New York is reasonable for a wealthy city with lots of people and lots of expensive property and infrastructure to protect, said S. Jeffress Williams, a University of Hawaii geophysicist who used to be the expert on sea level rise for the U.S. Geological Survey. But for other coasts in the United States and especially elsewhere in the poorer world, he said, "it's not so easy to adapt."

Rich nations have pledged, but not yet provided, $100 billion a year to help poor nations adapt to global warming and cut their emissions. But the $20 billion cost for New York City's efforts shows the money won't go far in helping poorer cities adapt, said Brandon Wu of the nonprofit ActionAid.

At U.N. climate talks in Germany this past week, Ronald Jumeau, a delegate from the Seychelles, said developing countries have noted the more than $50 billion in relief that U.S. states in the Northeast got for Superstorm Sandy.

That's a large amount "for one storm in three states. At the same time, the Philippines was hit by its 15th storm in the same year," Jumeau said. "It puts things in context."

For poorer cities in the U.S., what makes sense is to buy out property owners, relocate homes and businesses and convert vulnerable sea shores to parks so that when storms hit "it's not a big deal," Williams said. "I think we'll see more and more communities make that decision largely because of the cost involved in trying to adapt to what's coming."

Jacobs, the mayor from South Florida, says that either people will move "or they will rehab their homes so that they can have a higher elevation. Already, in the Keys, you see houses that are up on stilts. So is that where we're going? At some point, we're going to have to start looking at real changes."

It's not just rising seas.

Sacramento has to deal with devastating droughts as well as the threat of flooding. It has a levee system so delicate that only New Orleans has it worse, said Johnson, the California capital's mayor.

The temperature in Sacramento was 110 this past week. After previous heat waves, cities such as Chicago, Philadelphia and Washington, D.C., have come up with cooling centers and green roofs that reduce the urban heat island affect.

Jacobs said cities from Miami to Virginia Beach, Va., are coping with mundane efforts: changes in zoning and building codes, raising the elevation of roads and runways, moving and hardening infrastructure. None of it grabs headlines, but "the sexiness is ... in the results," she said.

For decades, scientists referenced average temperatures when they talked about global warming. Only recently have they focused intensely on extreme and costly weather, encouraged by the insurance industry which has suffered high losses, Bierbaum said.

In 2012, weather disasters ? not necessarily all tied to climate change ? caused $110 billion in damage to the United States, which was the second highest total since 1980, the National Oceanic and Atmospheric Administration said last week.

Now officials are merging efforts by emergency managers to prepare for natural disasters with those of officials focused on climate change. That greatly lessens the political debate about human-caused global warming, said University of Colorado science and disaster policy professor Roger Pielke Jr.

It also makes the issue more local than national or international.

"If you keep the discussion focused on impacts ... I think it's pretty easy to get people from all political persuasions," said Pielke, who often has clashed with environmentalists over global warming. "It's insurance. The good news is that we know insurance is going to pay off again."

Describing these measures as resiliency and changing the way people talk about it make it more palatable than calling it climate change, said Hadi Dowlatabadi, a University of British Columbia climate scientist.

"It's called a no-regrets strategy," Dowlatabadi said. "It's all branding."

All that, experts say, is essentially taking some of the heat out of the global warming debate.

___

Associated Press writers Karl A. Ritter in Bonn, Germany, Jennifer Peltz in New York and Tony Winton in Miami contributed to this report.

___

Online:

Federal government's National Climate Assessment chapter on adaptation: http://1.usa.gov/154qUGs

The national mayors' efforts to promote adaptation: http://www.resilientamerica.org

Georgetown University's Climate Center primer on adaptation: http://www.georgetownclimate.org/adaptation

___

Seth Borenstein can be followed at http://twitter.com/borenbears

First of a two-part package on adapting to climate change. Tomorrow: Snapshots of what cities are doing around the world.

Source: http://news.yahoo.com/climate-talk-shifts-curbing-co2-adapting-130423769.html

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Sebastien De La Cruz (Offthekuff)

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Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/312918515?client_source=feed&format=rss

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Ireland Baldwin Photos: 17-Year-Old Looks Glamorous In Strapless Gown At amFAR Gala (PHOTOS)

Ireland Baldwin looked well beyond her 17 years dressed in a glamorous, strapless gown at the amFAR Inspiration Gala on Thursday.

The teenage Baldwin stunned in a lot-cut, off-the-shoulders DSquared frock for the event held at New York City's Plaza Hotel on June 13. She kept her makeup simple and styled her hair in a loose up-do. Standing at 6-feet, 2-inches tall, the aspiring model looked like the spitting image of her gorgeous mother, Kim Basinger, the New York Post notes.

This isn't the first time the blond beauty has turned heads. Her personal photos -- which include shots of her wearing bikinis, exercising and hanging out with her dog -- have become quite popular on social media sites. Although she told Vanity Fair she tries to be careful about what she posts, "at the same time it?s kind of fun not to be too careful," she said.

For a model-in-the-making, it makes sense Baldwin would want to share some snapshots.

Modeling isn't the only career she has set her sights on. During a recent interview with "Access Hollywood," Baldwin said she plans to get into acting as well. Her parents have already supported the decision.

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Also on HuffPost:

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Source: http://www.huffingtonpost.com/2013/06/15/ireland-baldwin-photos_n_3447392.html

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Thursday, June 13, 2013

NSA director: Programs disrupted dozens of attacks

WASHINGTON (AP) ? The director of the National Security Agency vigorously defended once-secret surveillance programs as an effective tool in keeping America safe, telling Congress on Wednesday that the information collected disrupted dozens of terrorist attacks without offering details.

In his first congressional testimony since revelations about the top-secret operations, Army Gen. Keith Alexander insisted that the public needs to know more about how the programs operate amid increasing unease about rampant government snooping and fears that Americans' civil liberties are being trampled.

"I do think it's important that we get this right and I want the American people to know that we're trying to be transparent here, protect civil liberties and privacy but also the security of this country," Alexander told a Senate panel.

He described the steps the government takes once it suspects a terrorist organization is about to act ? all within the laws approved by Congress and under stringent oversight from the courts. He said the programs led to "disrupting or contributing to the disruption of terrorist attacks," but he did not give details on the terror plots.

Half a world away, Edward Snowden, the former contractor who fled to Hong Kong and leaked documents about the programs, said he would fight any U.S. attempts to extradite him. American law enforcement officials are building a case against him but have yet to bring charges.

"I am not here to hide from justice; I am here to reveal criminality," Snowden said of the surveillance programs in an interview with the South China Morning Post.

In plain-spoken, measured tones, Alexander answered senators' questions in an open session and promised to provide additional information to the Senate Intelligence Committee in closed session on Thursday. The director of national intelligence has declassified information on two thwarted attacks ? one in New York, the other in Chicago ? and Alexander said he was pressing for more disclosures.

But he also warned that revelations about the secret programs have eroded agency capabilities and, as a result, the U.S. and its allies won't be as safe as they were two weeks ago.

"Some of these are still going to be classified and should be, because if we tell the terrorists every way that we're going to track them, they will get through and Americans will die," he said, adding that he would rather be criticized by people who think he's hiding something "than jeopardize the security of this country."

Alexander said he was seriously concerned that Snowden, a former employee with Booz Allen Hamilton, had access to key parts of the NSA network, a development that demands a closer examination of how well the agency oversees contract employees.

Alexander said Snowden was a system administrator who didn't have visibility into the whole NSA network but could access key portions of it.

The director was questioned at length by senators seeking information on exactly how much data the NSA gathers through programs to collect millions of telephone records and keep tabs on Internet activity as well as the legal backing for the activities.

Members of the House and Senate Intelligence panels and key leaders have been briefed on the programs and have expressed their support for the operations as a valid tool in the terrorism fight.

House Speaker John Boehner, R-Ohio, said Wednesday that the programs are constitutional and "very important to the security of the American people and they help us in a big way to address the terrorist threat that does in fact remain."

But rank-and-file lawmakers who haven't been privy to the details expressed concerns and bewilderment, reflected in the comments of several senators at the hearing and one exchange between Republican Sen. Mike Johanns and Alexander.

Johanns asked the NSA director whether the government could check and see what an individual is searching for through Google, or sending in email.

Alexander said once an individual has been identified, the issue is referred to the FBI.

"The FBI will then look at that and say what more do we need to now look at that individual themselves. So there are issues and things that they would then look at. It's passed to them," Alexander said.

"So the answer to the question is yes," Johanns said.

"Yes, you could. I mean, you can get a court order to do that," Alexander said.

The Nebraska lawmaker said it was imperative for the government to get information about the programs to the American people "because right now we're all getting bombarded with questions that many of us at the rank-and-file level in the Senate cannot answer."

Congressional leaders and intelligence committee members have been routinely briefed about the spy programs, officials said, and Congress has at least twice renewed laws approving them. But the disclosure of their sheer scope stunned some lawmakers, shocked allies from nations with strict privacy protections, and emboldened civil liberties advocates who long have accused the government of being too invasive in the name of national security.

Sen. Rand Paul, R-Ky., said he plans on Thursday to announce "legal action against government surveillance and the National Security Agency's overreach of power," his political office said.

Paul told "Fox News Sunday" that he would ask "all the Internet providers and all of the phone companies" and their customers to join a class-action lawsuit against surveillance techniques that he called "an extraordinary invasion of privacy."

Recent polling on the issue found Americans troubled by the intrusion but perhaps willing to give the government even more leeway in its efforts to fight terrorism.

A new poll by CBS News and The New York Times found that 58 percent disapprove of the government collecting phone records of all Americans. Yet it also found that 59 percent think the government has struck the right balance or not gone far enough.

___

Associated Press writers Lara Jakes, Kimberly Dozier, Frederic Frommer, Alan Fram, Andrew Miga and Pete Yost contributed to this report.

Source: http://news.yahoo.com/nsa-director-programs-disrupted-dozens-attacks-191601952.html

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What fits: accessories for the Synapse 19 - TOM BIHN Blog: We make travel bags in Seattle, Washington

Packing Cubes, Organizer Pouches, Key Straps? there?s myriad of ways to customize the interior organization of the Synapse 19 backpack. Here?s just one example of which accessories fit where:

What fits: accessories for the Synapse 19 backpack

Bottom exterior pocket: 3D Mesh (3D Clear or Dyneema/nylon would also fit) Organizer Cube in Steel Dyneema/nylon, tethered with a Key Strap in Wasabi Dyneema/nylon.

Left exterior front pocket: Pocket Pouch, Utility Strap in 14?.

Right exterior front pocket: Mini Clear Organizer Pouch and the included Key Strap, Black, in 8?.

Top exterior pocket: Nothing. As you can see, it?s zippered shut. It?s small enough that you might not need further organization. That said, you could fit a Pocket Pouch here or add an 8? Key or Utility Strap to tether your keys, flashlight, knife, or other small items.

Exterior water bottle pocket: Travel Stuff Sack, Size 2, in Iberian.

Main compartment: Two Tri-Star Medium Packing Cubes would fit, but we chose instead to use one Tri-Star Medium Packing Cube, one Tri-Star Small Packing Cube, and a Travel Stuff Sack, Size 2, in Wasabi. We liked how the Travel Stuff Sack fit nicely on the other side of the Tri-Star Small Packing Cube. Yet another option would be one Tri-Star Medium Packing Cube and two Clear Quarter Packing Cubes (one in front of the other). And don?t forget the open-top pocket inside of the main compartment of the Synapse 19: put your tablet (in a case or sleeve) here, or a Medium Organizer Pouch. Last but not least, there?s a 3D Clear Organizer Cube in Black, tethered with a Key Strap in Wasabi, that?ll fit/rest on top of the Packing Cubes.

Source: http://www.tombihn.com/blog/what-fits-accessories-for-the-synapse-19

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India's Apollo Tyres to buy Cooper Tire for $2.5 billion

By Bijoy Anandoth Koyitty and Aradhana Aravindan

(Reuters) - India's Apollo Tyres Ltd agreed to buy U.S.-based Cooper Tire & Rubber Co for about $2.5 billion in a deal that would make it the world's seventh-largest tire maker and reduce its dependence on a slowing Indian auto market.

The acquisition of Cooper -- the second biggest U.S. tire maker and No. 11 globally with annual sales of $4.2 billion -- will give Apollo access to the U.S. market for replacement tires for cars and light and medium trucks, Cooper's main business.

Apollo, which currently gets two-thirds of its revenue from India, will pay $35 per share, representing a premium of about 43 percent to Cooper's Tuesday close.

"It is very important for us to expand our horizons. Especially in the long run, the U.S. market is going to look up ... ," Apollo Chairman Onkar Kanwar said on a conference call on Wednesday.

The deal is the latest in a string of big overseas acquisitions by Indian companies in recent years, including Tata Motors Ltd's $2.3 billion purchase of Jaguar Land Rover and mobile operator Bharti Airtel Ltd's $9 billion takeover of the African operations of Kuwait's Zain.

It is also another example of an Asian company buying a well-known U.S. firm, coming just two weeks after China's Shuanghui Group agreed to buy Smithfield Foods for $5 billion.

"The U.S. is an untapped market for Apollo. And the U.S. market is obviously big, and among the developed markets, it is the only one that is growing significantly," said Nishant Vass, auto analyst, at Mumbai-based brokerage ICICIdirect.

Indian car sales fell 7 percent in the financial year that ended in March, the first annual fall in a decade, while sales in Europe, Apollo's second-largest market, are at a 20-year low.

But auto sales are one of the bright spots for the U.S. economy. Sales in the second biggest auto market after China rose more than expected in May as construction workers and oil drillers bought more pickup trucks, and they are expected to remain strong for the rest of the year.

INDUSTRY CONSOLIDATION UNLIKELY

The deal values Cooper at 4.4 times its EBITDA (earnings before interest, tax, depreciation and amortization), which Apollo said was within the range of 3.5 to 6 times multiples seen in recent transactions in the sector.

Cooper's main investors are institutions, topped by BlackRock Institutional Trust Co and Vanguard Group Inc with about 7 percent stake each.

Cooper shares were up 40 percent at $34.46, just below the offer price, in early afternoon trading on the New York Stock Exchange.

Shares of Goodyear Tire & Rubber Co , the biggest U.S. tire maker, rose on the news but an analyst said it was unlikely the Cooper sale would trigger more deals in the industry.

"... The top of the market is already consolidated," Morgan Stanley analyst Ravi Shanker said on a note to clients.

Findlay, Ohio-based Cooper employs nearly 13,000 people around the world. Apart from North America, it has manufacturing facilities in England, Serbia, Mexico and China.

Kanwar has expanded Apollo, which had revenue of $2.5 billion in 2012, after taking control of the company in 2002, following a prolonged public spat with his father, who founded the company in 1976.

His previous acquisitions include South Africa-based Dunlop Tyres International Ltd in 2006 and Dutch tire-maker Vredestein Tires in 2009.

Reuters and others reported in October that Apollo and Cooper were in talks for Apollo to take a stake in the company.

Apollo said it would raise $2.5 billion in new debt to fund the deal, of which $2.1 billion would be through the issue of dollar bonds with a tenure of seven to eight years.

Cooper, whose roots go back a century, is known for brands including Cooper, Avon, Mastercraft, Dean and Starfire.

Apollo said it would launch some Cooper brands in the Indian market, but did not give a specific timeframe.

The company said it plans to keep Cooper's management.

Apollo shares closed up 2.7 percent at 91.95 rupees in Mumbai trading ahead of the announcement.

Morgan Stanley & Co, Deutsche Bank Securities and investment firm Greater Pacific Capital advised Apollo on the deal. Bank of America Merrill Lynch was financial adviser and Jones Day was legal adviser to Cooper.

(Editing by Saumyadeb Chakrabarty)

Source: http://news.yahoo.com/indias-apollo-tyres-buy-cooper-tire-2-5-133930422.html

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Quantic Dream's 12-minute PS4 tech demo is ready for your viewing pleasure (video)

Quantic Dream's 12-minute PS4 tech demo is ready for your viewing pleasure (video)

Now that the dust has settled from Sony's E3 press conference, Quantic Dream's posted the entirety of its PS4 tech demo, The Dark Sorcerer. Over on the PlayStation Blog, the studio's director, David Cage, laid out the finer points of their experience with performance capturing and going from flexing the PS3's graphical muscle to working with the next-gen powerhouse. When it comes to technical details, the Heavy Rain developer's comedic sketch was rendered at 1080p in real-time (lighting and all), includes one million polygons for the set and just shy of a million for every on-screen character, which each boast 350MB of textures and roughly 40 different shaders.

Impressed with what you see? Cage says it's bound to get better. As it stands, the engine used for the demonstration is in its first iteration, and is missing features that are scheduled for the final version. "We can feel that we are closing in little by little on the kind of graphic quality we find in CG films," Cage notes. Venture past the break for the video or hit the bordering source link for more background.

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Source: PlayStation Blog, PlayStation (YouTube)

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/B4amIfSHZw4/

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Turtles watch for, snack on gelatinous prey while swimming

June 12, 2013 ? Loggerhead turtles use visual cues to find gelatinous prey to snack on as they swim in open waters, according to research published June 12 in the open access journal PLOS ONE by Tomoko Narazaki and colleagues from the University of Tokyo, Japan.

Tracking underwater movements with 3D loggers and National Geographic Crittercams, the researchers found the turtles relied on sight, rather than sound or smell, to identify and move toward gelatinous, floating prey like jellyfish and other organisms; one turtle even swam toward a floating plastic bag. Turtles in this study foraged for such foods approximately twice every hour, suggesting they may rely on such gelatinous prey for energy more than previously thought.

Previous studies have shown that turtle diets vary with their age, habitat and other factors, but adult turtles depend on deep-sea hard-shelled animals like mollusks for food. The gelatinous prey studied here are low-energy, easily digestible foods that are unlikely to replace these other prey. However, the authors suggest that opportunistic foraging on such prey may benefit loggerhead turtles during oceanic migrations, when prey at the bottom of the sea is harder to reach.

The study also offers insights into the foraging habits of these turtles, listed an endangered species by by the International Union for Conservation of Nature (IUCN). The authors add that the methods used here could be developed to map areas with higher foraging opportunities along oceanic migratory routes for loggerhead turtles.

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Story Source:

The above story is reprinted from materials provided by Public Library of Science.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Tomoko Narazaki, Katsufumi Sato, Kyler J. Abernathy, Greg J. Marshall, Nobuyuki Miyazaki. Loggerhead Turtles (Caretta caretta) Use Vision to Forage on Gelatinous Prey in Mid-Water. PLoS ONE, 2013; 8 (6): e66043 DOI: 10.1371/journal.pone.0066043

Note: If no author is given, the source is cited instead.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/strange_science/~3/PfRnYByxIVE/130612173328.htm

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Tuesday, June 11, 2013

Change of Subject: 'Perhaps the real threat to marriage is...'

From The Gay Guide to Wedded Bliss by Liza Mundy in this month's Atlantic

Despite?or maybe because of?their perfectionist approach to egalitarianism, lesbian couples seem to be more likely to break up than gay ones. Pepper Schwartz noted this in the early 1980s, as did the 2006 study of same-sex couples in Sweden and Norway, in which researchers speculated that women may have a ?stronger general sensitivity to the quality of relationships.? Meaning maybe women are just picky, and when you have two women, you have double the pickiness. So perhaps the real threat to marriage is: women.

The preceding passage:

?A 2006 study of Sweden and Norway found higher dissolution rates among same-sex couples in registered partnerships than among married straight people. Yet in the United States, a study by the Williams Institute has found that gay unions have lower dissolution rates than straight ones. It is simply too soon to tell with any certainty whether gay marriages will be more or less durable in the long run than straight ones.

It's a long and thoughtful look at? "The question of whether gays and lesbians will change marriage, or vice versa."

?

Source: http://blogs.chicagotribune.com/news_columnists_ezorn/2013/06/perhaps-the-real-threat-to-marriage-is.html

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Mad Men, Season 6

We open with a rat in Peggy?s apartment. We close with Don praying Sally won?t rat him out. Peggy solves her problem by getting a new tabby; Don?s problem is a smidge more difficult.

Someone should page Dr. Freud, stat. Sally wandered through that service door with sex on her mind?mainly, some complex thoughts regarding the tight-trousered ass of Mitchell Rosen. She had no idea she?d end up watching her own father ?comforting? Mrs. Rosen. Just the thought of his mom having sex drove Pete to wish for death by plane crash. What will the sight of her father in flagrante do to Sally?

As for Don, will this be the moment he faces his demons head on? Comes clean, takes his lumps, bares his soul? If so, he?s made an awful start of it. Sally?s old enough that ?I know you think you saw something? isn?t going to sway her. She knows exactly what she saw. Don will need to find a way to buy her silence.

Titled ?Favors,? this episode was packed with all manner of salacious quid pro quo-ing. Peggy asks Stan to play exterminator, offering sex in return. Bob offers Pete selfless devotion, Manolo-style?but Bob?s game of footsy (or I guess legsy) suggests he?d like a little something for the effort. And of course Don tries to help Sylvia?s son Mitchell escape Vietnam, which leads to hot gratitude nookie.

It?s not always clear whether people are trying to help their friends or trying to get in their friends? pants. Or, as Betty says with more resonance than she realizes: ?Diplomacy Club is just another excuse to make out.?

Mitchell took a stab at following his own conscience, but he now seems destined to follow George W. Bush into the Air National Guard. (Bush joined in spring 1968.) And his reprieve comes from a rather unlikely source. Don ain?t no senator?s son?though these days he finds himself hobnobbing with the elite?but more important, Mitchell ain?t Don?s son. So why is Don so keen to help the kid?

Don?s efforts began before he?d spoken to Sylvia on the phone. I honestly think Don meant to be a good friend to poor Arnie. Or perhaps this was a roundabout quid pro quo: Don was doing Arnie a favor in return for having shtupped his wife. ?

We?ll need to wait to discover what sort of fallout will result from Sally?s eyeful. In the meantime, here?s what I?m contemplating this week:

?Paul, as our resident Bob Benson expert, I?m eager to hear your thoughts on this revelation. Bob?s secret is out. Though Bob still isn?t.

Bob does seem surer of himself than Sal Romano ever was. You get the sense he can coolly maneuver in and out of his hidden persona, grinning all the while. (As others have pointed out, Bob shares more with Don than just an alliterative name. Both wear various masks.)

But will Pete play along, pretending nothing ever happened? Will he demand Bob?s resignation in light of this ?disgusting? behavior? Or late at night, when Pete?s running low on cereal in his squalid flat, will he wonder what it might be like to have that beaming Benson smile all to himself?

?Hanna, as our resident Israeli, I wonder if you have any thoughts about the Moshe Dayan poster that appeared on the wall of Stan?s bedroom. Is the eyepatch some sort of riff on seeing/not seeing? ?I know you thought you saw something??but please do turn a blind eye to it? A quick Wikipedia peek also suggests that Dayan was a noted philanderer, so there?s that.

?There was a huge new puzzle piece for the Megan/Sharon Tate conspiracy theorists. While discussing the charms of Mitchell Rosen, Sally and her friend compared him to Mark Lindsay?the lead singer from Paul Revere and the Raiders. Ready to be spooked? Lindsay at one point lived in the Los Angeles house where Tate was later murdered.

God can turn off the lights at any moment,

Source: http://www.slate.com/articles/arts/tv_club/features/2013/mad_men_season_6/week_10/mad_men_favors_recap_sally_sylvia_and_don_s_compromising_position.html

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Monday, June 10, 2013

Attacker In Afghanistan Hid Bomb In His Body

Asadullah Khalid

In this Thursday, May 17, 2007 file photo, Afghanistan's former Kandahar Governor Asadullah Khalid and the country's current intelligence chief speaks to media at the hospital after he had survived a suicide attack.

nytimes.com:

KABUL, Afghanistan ? Afghanistan?s spy chief, Asadullah Khalid, was taking no chances.

Read the whole story at nytimes.com

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Source: http://www.huffingtonpost.com/2013/06/08/attacker-in-afghanistan-h_n_3409629.html

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