Tuesday, July 23, 2013

Microsoft, Google commit to U.K. child porn crackdown

Bloomberg photo

David Cameron, U.K. prime minister

Microsoft Corp. and Google Inc. have both committed to the United Kingdom's efforts to crack down on child pornography.

The Financial Times reports Prime Minister David Cameron put the pressure on companies like Microsoft (NASDAQ: MSFT), and is expected to say in a speech Monday the search-engine companies have a ?moral duty? to tackle child pornography.

Cameron has given the companies until October to strengthen their efforts against child pornography and is expected to say on Monday that "this is quite simply about obliterating this disgusting material from the net ? and we will do whatever it takes.?

Source: http://feeds.bizjournals.com/~r/bizj_national/~3/uJ4c3_ytlDM/microsoft-google-commit-to-uk-child.html

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Monday, June 17, 2013

New way to improve antibiotic production

June 17, 2013 ? An antibiotic has been found to stimulate its own production. The findings, to be published in PNAS, could make it easier to scale up antibiotic production for commercialisation.

Scientists Dr Emma Sherwood and Professor Mervyn Bibb from the John Innes Centre were able to use their discovery of how the antibiotic is naturally produced to markedly increase the level of production.

"We have shown for the first time that an antibiotic with clinical potential can act as signalling molecule to trigger its own synthesis," said Professor Bibb.

The antibiotic called planosporicin is produced by a soil bacterium called Planomonospora alba. When nutrients become limited, a small amount of the antibiotic is produced. The antibiotic is then able to trigger a mechanism which coordinates its own production throughout the bacterial population resulting in high levels.

"A frequent stumbling block in developing a natural product for commercialisation is being able to provide enough material for clinical trials," said Professor Bibb.

"Our work shows with the right understanding it is possible to increase productivity very dramatically in a targeted and knowledge-based manner."

With knowledge of this signalling mechanism in hand, the scientists were able to increase production by overexpressing two positively acting regulatory genes and deleting one that acts negatively. Planosporicin is similar to the antibiotic NAI-107 that is about to enter clinical trials for Staphylococcus aureus (MRSA) and vancomycin-resistant enterococci (VRE) infections. The knowledge gained from this study is being used to increase NAI-107 production.

Commercial manufacturers of antibiotics may be able to use the results to reduce production times and therefore reduce costs. Bacteria often have to be grown for days and sometimes weeks before they start to make effective amounts of an antibiotic. Sherwood and Bibb were able to trigger production essentially from the beginning of growth.

The work was funded through JIC's core strategic grant from the Biotechnology and Biological Sciences Research Council.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_science/~3/_AqpXED2Qnw/130617160900.htm

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Sunday, June 16, 2013

Facebook Makes The First Big Dent On FISA, Releases Data On All U.S. Government Data Requests

Facebook Through GlassUpdated. As the PRISM scandal shows no signs of dying down in the public consciousness, Facebook has just released the fullest account to date of the requests it has received from United States law enforcement and governmental authorities for the data surrounding its users. To borrow a phrase from local news sizzle reels, the numbers may surprise you. In a report issued today on Facebook’s company blog, general counsel Ted Ullyot wrote: “For the six months ending December 31, 2012, the total number of user-data requests Facebook received from any and all government entities in the U.S. (including local, state, and federal, and including criminal and national security-related requests) ? was between 9,000 and 10,000. These requests run the gamut ? from things like a local sheriff trying to find a missing child, to a federal marshal tracking a fugitive, to a police department investigating an assault, to a national security official investigating a terrorist threat. The total number of Facebook user accounts for which data was requested pursuant to the entirety of those 9-10 thousand requests was between 18,000 and 19,000 accounts. With more than 1.1 billion monthly active users worldwide, this means that a tiny fraction of one percent of our user accounts were the subject of any kind of U.S. state, local, or federal U.S. government request (including criminal and national security-related requests) in the past six months. We hope this helps put into perspective the numbers involved, and lays to rest some of the hyperbolic and false assertions in some recent press accounts about the frequency and scope of the data requests that we receive.” More information can be found here, and we’re updating the story as it develops. UPDATE: Microsoft has followed suit, releasing its own figures on official U.S. data requests including FISA orders in its own blog post shortly following Facebook’s disclosures, writing: “For the six months ended December 31, 2012, Microsoft received between 6,000 and 7,000 criminal and national security warrants, subpoenas and orders affecting between 31,000 and 32,000 consumer accounts from U.S. governmental entities (including local, state and federal).” But at first blush, those numbers may not seem as scary as the initial reports on governmental surveillance of web activity would imply. Though the government under FISA does have the right to request as much information as it would like in the name of national security, it seems that those requests

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

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Saturday, June 15, 2013

Disappointing reports help push US stocks down

NEW YORK (AP) ? Disappointing reports about the U.S. economy helped push the stock market lower on Friday.

Concerns that the Federal Reserve could announce plans to cut back its stimulus program next week also weighed on the mood.

Americans' confidence in the economy weakened in June and was lower than economists had estimated, according to the Thomson Reuters/University of Michigan survey out Friday. Another report said factories weren't as busy as expected.

The International Monetary Fund, a global lender, offered no help. The IMF said Friday that U.S. government spending cuts that kicked in March 1 were "ill-designed" and slowed the economy down.

The Standard & Poor's 500 index sank 9.63 points, or 0.6 percent, to 1,626.73. Media company Gannett fell the most, dropping $1.61, or 6 percent, to $24.99.

"There was just no good news today," said Cam Albright, a director at Wilmington Trust Investment Advisors in Wilmington, Del. Add the handful of economic reports out Friday to the anxiety over the Fed's stimulus program, "and you have the recipe for a soft market to finish the week," he said.

The Dow Jones industrial dropped 105.90 points, or 0.7 percent, to 15,070.18. American Express led the Dow lower, losing $2.24, or 3 percent, to $72.97.

Market indexes flitted from slight gains to losses in morning trading, a contrast to the sudden lurches in previous days. All three major indexes lost 1 percent or more this week.

Trading has been volatile since late May as traders try to figure out when the Fed will dial back its aggressive support for the U.S. economy. This week was no different: The Dow slumped a total of 243 points on Tuesday and Wednesday then jumped 180 points Thursday. The blue-chip average has made moves of 100 points or more in seven of the last 10 trading days.

The Fed buys $85 billion in bonds every month as part of a campaign to keep interest rates extremely low. The aim is to encourage borrowing, spending and investing. Some investors worry that long-term interest rates could spike when the Fed pulls back, raising borrowing costs and threatening the economic recovery. Higher yields for government bonds have already started pushing mortgage rates up.

Policymakers at the Fed will start a two-day meeting Tuesday to discuss the central bank's next steps. After the meeting wraps up, the bank will release its policy statement and Fed Chairman Ben Bernanke will hold another press conference.

Scott King, senior fiduciary investment adviser at Unified Trust in Lexington, Ky., said that investors in recent weeks have been influenced more by wondering about what the Fed might do than by the underlying economy.

"You have a number of Fed governors saying the opposite to what Bernanke is saying," King said. "And that's made the markets more jittery."

King said investors were disappointed Friday by the drop in consumer confidence. He described the economy as "plodding along."

"Wage growth continues to be pretty meager, and unemployment continues to be lackluster," King said.

Banks led nine of the 10 industry groups in the S&P 500 lower. Utilities made slight gains. Investors tend to favor these safety plays when they want stable companies that pay steady dividends.

The S&P 500 hit a record high of 1,669 on May 21. The next day, Fed officials said they would consider pulling back on their stimulus program once the economy looks healthy enough. The S&P 500 has lost 2 percent since.

In other Friday trading, the Nasdaq composite index lost 21.81 points, or 0.6 percent, to 3,423.56.

The price of oil rose $1.16 to close at $97.85 a barrel, near its highest level of the year, as traders reacted to news that the U.S. would provide weapons to rebel forces in Syria.

Gold rose $9.80, or 0.7 percent, to $1,387.60 an ounce.

In the market for U.S. government bonds, the yield on the benchmark 10-year Treasury note dipped to 2.13 percent from 2.15 percent late Thursday. The yield reached a 14-month high of 2.29 percent on Tuesday. Expectations that the Fed will pare its bond buying have helped drive the yield up from 1.63 percent on May 3, when it was at its lowest level this year.

Among stocks making big moves:

? Casey's General Stores fell $2.60, or 4 percent, to $60.69. The Iowa-based convenience store reported earnings late Thursday that fell short of what financial analysts had expected.

? Myriad Genetics sank $4.42, or 14 percent, to $27.59. The decline came a day after the Supreme Court gave the diagnostic test maker a partial victory in a patent battle.

? Restoration Hardware jumped $9.51, or 16 percent, to $68.47. The high-end home products chain raised its forecast for full-year earnings late Thursday and announced plans to start two new businesses ? RH Kitchen and Tableware and RH Antiquities ? next year.

____

AP Business Writer Christina Rexrode contributed.

Source: http://news.yahoo.com/disappointing-reports-help-push-us-stocks-down-205656748.html

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Friday, June 14, 2013

Starboard sues Office Depot for not holding annual meeting

By Dhanya Skariachan

NEW YORK (Reuters) - Top Office Depot Inc investor Starboard Value LP sued the second-largest U.S. office supply retailer on Thursday for not holding an annual shareholder meeting to elect directors, an unusual step on the eve of a merger.

The activist investor said in the complaint the company had not held an annual shareholder meeting for 13 months. The complaint was filed with the Court of Chancery in Delaware, where Office Depot is incorporated.

Starboard has nominated six members, including former Home Depot CEO Robert Nardelli, for the 10-member Office Depot board. The investor cited the lack of retail experience among current board members and stressed the need to reconstitute the board whether or not its proposed merger with smaller rival OfficeMax Inc takes place.

"The proposed merger provides no basis for the company to deprive stockholders of their right to meet annually to elect directors," Starboard said in the complaint, dated June 12.

Boca Raton, Florida-based Office Depot revealed plans in February to buy OfficeMax in an all-stock deal worth $937.2 million. They have not yet decided on the combined entity's name, headquarters or CEO.

The companies are awaiting regulatory approval. They will both hold special shareholder meetings separately on July 10 to seek investor approval.

Starboard said it was forced to take the latest action as it did not expect directors to be elected at the special meeting.

Starboard said in its most recent regulatory filing that it held about 42 million shares of Office Depot, or about 15 percent of the company's stock.

Office Depot did not immediately return a call for comment.

(Reporting By Dhanya Skariachan. Editing by Andre Grenon)

Source: http://news.yahoo.com/starboard-sues-office-depot-not-holding-annual-meeting-223134993.html

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Friday, April 26, 2013

Soros reports 7.9 percent stake in Penney, shares rise

By Dhanya Skariachan

NEW YORK (Reuters) - Billionaire investor George Soros reported a 7.9 percent passive stake in J.C. Penney Co on Thursday, sending shares of the struggling department store chain up more than 7 percent.

Soros joins another billionaire, Bill Ackman, as one of the five largest stakeholders of the century-old retailer.

Penney has been exploring various capital-raising options with its financial advisers after a steep sales slump followed former CEO Ron Johnson's botched attempt at a turnaround.

Earlier this month, Penney borrowed $850 million from its $1.85 billion revolving credit facility to help buy inventory and revamp its business strategy. It also hired Blackstone Group LP's financial advisory arm to explore how best to position the firm financially.

Johnson's dramatic changes, which eliminated coupons and sales, alienated core customers without bringing in new ones and led to a 25 percent decline in sales last year. In early April, Johnson was replaced with his predecessor Myron Ullman, who is bringing back the old discount pricing strategy.

In a regulatory filing on Thursday, Soros said he owned about 17.4 million shares of Penney. Ackman, who owns 17.8 percent of Penney's stock through his hedge fund Pershing Square Capital Management, was not immediately available for comment.

Penney declined to comment, while a representative for Soros could not be immediately reached. The retailer's shares were up 7 percent to $16.31 in after-hours trading from their $15.24 close in the regular session.

(Reporting By Dhanya Skariachan and Matthew Goldstein in New York and Svea Herbst-Bayliss in Boston; Editing by Gary Hill, David Gregorio and Tim Dobbyn)

Source: http://news.yahoo.com/soros-reports-7-9-percent-stake-penney-shares-203913835--finance.html

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Sunday, April 21, 2013

The Power Of Belief To Change Your Life - The Self Improvement Blog

beliefslrgEditor?s Note: I tried to write about Boston this morning. I simply could not. I need to ?sit with it? and sort things out in my own heart and mind. I encourage you to read this article on the Power of Belief and then to spend some time clarifying your own belief. Beliefs can propel you to assassinate or save, do good or harm, run the race or set a bomb. It?s important to know what you believe and why.? Irene

By Susan Lebby Spector

What I want to share with you today is a conceptual tool, which if you choose to use it, is guaranteed to help you make your journey through life, an easier, more effective, and more fulfilling one!

I am talking about harnessing the Power of Belief. Learning to unleash your highest potential with the power of your own mind.

You may well ask, how can what you believe be so important? Simply put, what you believe, for better or worse, will determine how you act and what you feel.

Interestingly, in many cases our beliefs about ourselves and our world have never been subject to conscious scrutiny. Much of what we believe has been handed down to us. From birth onward, our parents, families, friends, teachers, clergy, media, etc., give us countless messages about who we are, what we can expect, what life is like. Unfortunately, as children, we are not in a position to evaluate the actual merit of what we are being told.

The famous developmental psychologist, Jean Piaget, demonstrated that children do not develop full adult cognitive capacity until around the age of 12. This means that much of what we hear up to that point slips under the radar screen of our critical judgment.

That would be fine if everything that you heard came from truly wise, sensitive and loving people, who had no baggage of their own and were always looking out for your best interests. But which of us has not experienced someone, perhaps many someones, well intentioned or not, telling us so-called truths about ourselves? Which of us was told we were, too stupid to learn, too small to get picked for the team, too lazy to achieve, too selfish to deserve, too plain to attract, too flawed to love? The killer is, that like little sponges, we absorb those beliefs into ourselves with toxic results.

Ask yourself this, if you truly believed you couldn?t possibly do something, how likely would you be to even TRY it? Not very likely, right?

On the other hand, if there was something you really wanted to do, be or have, and you knew you had unlimited resources and COULD NOT FAIL, is there anything that would STOP you from going after it? If you?re like most folks, the answer is a resounding ?NO?!

The only difference between the first scenario and the second is your own belief about whether or not you can succeed.

Webster?s Dictionary?s first definition of the word belief is, ?Acceptance of something as true?. Notice that it did not say that a belief was something that WAS true, but merely ACCEPTED as such. BIG DIFFERENCE! It means that a belief is not NECESSARILY a FACT.

So a belief is really just a type of thought, an opinion, a view. It may be accurate, but it may have nothing to do with reality or truth. And this is important: neither its popularity, nor the strength with which it is held, is proof that it is a fact.

Let?s look to history for an example. In the 1400?s and before, the prevailing belief was that the earth was flat. Everyone knew that. You didn?t see a whole lot of eager sailors pointing the masts straight for the horizon line. They would have had to have been crazy or suicidal to do so. Now there was a guy named Columbus who had a different set of beliefs. Since his did not include falling off the face of the earth, he was willing to make that awesome journey.

How about the story of Helen Keller? A young girl rendered deaf and blind by disease at a very early age. As she grew older, she became increasingly wild and unmanageable. Her adoring parents were in despair. Their choice? Put her in an institution, a particularly frightful alternative at that time in history or try to find someone who could make her more docile, like taming a wild animal. Capt. and Mrs. Keller BELIEVED that that was the most they could hope for from their terribly impaired daughter. They believed it would be CRUEL to expect any more from her. In desperation, they hired a young teacher to come live with them, hoping that she would be able to help control their child. Her name was Annie Sullivan. Luckily, Annie did not have the same set of limiting beliefs about young Helen.

Now you?ve probably heard of Helen Keller. But in case you haven?t, here?s a partial list of some of her accomplishments:

  • She was the first blind and deaf person ever to graduate college. That was in 1904. And she graduated with high honors. From Radcliffe.
  • She won the Presidential Medal of Freedom in 1964.
  • She was elected to The National Women?s Hall of Fame.
  • She is one of the hundred most important women of the twentieth century.

And in the book, The 100 Most Influential Women of All Time, she comes in #18 and Annie Sullivan comes in at #19.

When you?re telling yourself what you can?t possibly do, and you believe that, remind yourself of Helen and Annie.

Einstein said ?The significant problems we face cannot be solved at the same level of thinking which created them.?

Nobel Peace Prize winner, Anwar Sadat said ?He who cannot change the very fabric of his thought will never be able to change reality, and will never, therefore, make any progress.?

What are these men telling us? They are telling us when we are stuck, when we feel up against it, on a societal or personal level, that we must be willing to expand our consciousness and challenge our assumptions and beliefs ? even our most dearly held ones.

Now I?m not beginning to suggest what it is you should believe, but only pointing out that you do, in fact, have a choice in the matter.

So here?s the technique I promised you: When you?re feeling stagnant on the job, unfulfilled at home, unsure of your place in the Universe, take some time and ferret out the limiting belief or beliefs that are underlying those feelings. Write that down. Then ask yourself the following questions, and write down your answers.

1. Is what you?re telling yourself an indisputable fact? (It rarely is!)

2. How well does this belief serve you?

3. Is there some other belief that would serve you better and What is it?

4. What actions would you take if you adopted this new belief?

Then take those actions and watch yourself soar!

You know there is a tongue in cheek definition of insanity that says ?Insanity is doing the same thing over and over and expecting different results. I?d like to propose a corollary to that, which says ?Insanity is BELIEVING the same thing and expecting different results.

Belief is the mother of action! Choose yours wisely.

You can find out more on this topic by contacting the author, Susan Lebby Spector, Life Coach and Psychotherapist practicing in the Philadelphia area and serving clients in all English speaking locations via telephone coaching. She has over 30 years of experience in psychotherapy and over 8 years of experience in Life Coaching

Article Source: http://EzineArticles.com/?expert=Susan_Lebby_Spector
http://EzineArticles.com/?The-Power-Of-Belief-To-Change-Your-Life&id=6061138

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Source: http://theselfimprovementblog.com/self-improvement/self-improvement-tips/the-power-of-belief-to-change-your-life-2/

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