FTC To Smartphone Makers: Fix Security Or End Up Like HTC

first_imgRole of Mobile App Analytics In-App Engagement Why IoT Apps are Eating Device Interfaces Tags:#complaint#federal trade commission#FTC#HTC#personal data#privacy#security#settlement#smartphones#tablets Related Posts antone gonsalvescenter_img What it Takes to Build a Highly Secure FinTech … The Rise and Rise of Mobile Payment Technology Mobile device manufacturers should pay close attention to a recent settlement between the Federal Trade Commission and HTC, which the Commission claimed had failed to protect customer’s privacy and personal data. Rather than affecting only HTC, the agreement is a warning that the commission is finally prepared to hold device makers responsible for securing their products.How It StartedHTC drew the attention of the FTC by deploying customized software in 22.5 million Android devices that allowed third-party applications to bypass a security mechanism requiring user permission before installation. The HTC software was meant to gather data only to help the manufacturer troubleshoot problems, but its implementation showed HTC was clueless when it came to security.In investigating HTC’s sloppy work, the FTC found a number of poor security practices. For example, HTC had no effective program for assessing the security of products before shipping them to consumers. In addition, engineering staff was not properly trained in security and privacy and there was no testing for security flaws. Also, there was no process for receiving and addressing vulnerabilities found by third-party researchers and academics.The FTC’s findings were listed in a complaint that HTC settled by agreeing to a “comprehensive security program” that includes patching vulnerabilities that could be exploited by hackers and spammers. The agreement is a big deal, because taken together with the original complaint, the FTC has outlined for all device manufacturers what it considers best practices for security.“To settle the case – the FTC’s first against a device manufacturer – HTC has agreed to a far-reaching settlement that imposes a first-of-its-kind remedy: patching vulnerabilities on millions of mobile devices,” FTC senior attorney Lesley Fair wrote in the commission’s Bureau of Consumer Protection blog.Dismal Android SecurityMakers of Android smartphones and tablets have created a huge security problem by shipping devices with older versions of the operating system and then failing to quickly update the software with the latest security fixes from Google. This has left millions of customers with devices that contain known vulnerabilities that cybercriminals are working feverishly to exploit.“It’s reasonable to assume that the next thing the FTC will look at is the unpatched vulnerabilities in Android itself that Google has fixed, but where the fixes haven’t reached end users either because of the handset vendors or the wireless carriers,” Christopher Soghoian, principal technologist for the American Civil Liberties Union, said. “This is probably the most interesting FTC case to come out in the last couple of years.”The rise in Android malware is substantially faster than any other Internet-delivered malicious app, according to Cisco’s recent 2013 Annual Security Report. At the same time, cybercriminals are developing better software tools for breaking into Android devices.In October 2012, the FBI warned that cybercriminals had built a mobile version of FinFisher, commercial spyware sold to law enforcement and governments, to steal personal data from Android phones. Also last year, the first Android botnet was discovered on the Internet, according to Cisco. A botnet is a network of compromised devices used to distribute malware and spam.The FTC Isn’t AloneThe FTC won’t be alone in demanding better consumer protection from device manufacturers. Rep. Ed Markey (D-Mass.), co-chair of the bi-partisan Congressional Privacy Caucus, plans to reintroduce this year “The Mobile Device Privacy Act,” which would require companies to get the permission of consumers before using any monitoring software on mobile devices.“With this important settlement, the FTC has sent a strong signal to the mobile marketplace that consumers’ sensitive information must be safeguarded,” Markey said.With so much government attention on mobile device security, it’s clear that manufacturers can no longer treat data protection and consumer privacy as an afterthought. Both will soon have to become a top priority.Image courtesy of Shutterstock.last_img read more

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3 AI Trends Every Real Estate Broker Should Know

first_imgChina and America want the AI Prize Title: Who … A Web Developer’s New Best Friend is the AI Wai… Nick Jiang Nick is the Cofounder & CEO @ Birdnest, a curated, visual place for startups to find their dream office. Prior to Birdnest, Nick had grown venture-funded startup Shots to over 10M active users. Duke MBA, Princeton Engineering. AI: How it’s Impacting Surveillance Data Storage Tags:#AI#real estate AI Will Empower Leaders, Not Replace Them Artificial intelligence (AI), simulation of human intelligence by machines, has become part of our daily lives. We are conversing with Alexa, getting rides from self-driving smart cars, receiving recommendations on music and movies, and playing games against computers. But what about applying AI in buying homes or renting offices?Real estate seems to be a few steps behind when it comes to technology adoption, even though it is the largest asset class in the world, contributing $3.5T to the US GDP. But there are early signs that AI is already part of our home buying and office renting experience.At Birdnest, we are seeing a growing demand from our customers for a better and faster experience. On the other side, we are seeing a growing number of brokers who want to start adopting technologies to provide a better experience. Here are three AI trends that every real estate broker should know.Alexa, Answer the CallA new study reveals that 48% of buyer inquiries never received a response and that the average response time from a broker was 917 minutes. In another study, 93% of buyers rated responsiveness as a very important quality. Brokers know this, which is why they usually team up on a deal so that when they’re busy, their colleague can respond to the inquiry. But what if no one is available? Enter the “Siri’s for real estate,” who are always available, 24/7.OJO Labs, an Austin based startup who has raised $71M, is developing a real estate chatbot that answers potential clients’ questions about listing information via text message.Like most people, I had a mixed chatbot experience. When I asked about HOA cost, it gave an accurate answer within 2 minutes. But when I asked a more open-ended question, “Is the neighborhood safe?” it didn’t understand.Given that almost half the buyer inquiries never received a reply, this will certainly help brokers capture some of those leads. And with their recent acquisition of WolfNet, they have access to millions of additional data points to improve their algorithm. Their main competitors include Structurely and Keller Williams’ Kelle.The Crystal BallWouldn’t it be great if you can predict who will list a home or who will buy a home soon? When every broker is looking for that extra edge to win a deal, nothing is more important than having that crystal ball!Rex, a Los Angeles based startup with over $70M in funding, is using AI to predict buyers who are most likely to buy a specific home. It sends out targeted ads based on who it thinks the likeliest buyers are. Then based on who clicks on the ad, it targets similar customer segments in future ads. In addition, the computer uses data from retailers and businesses to further improve its accuracy.First, a North Carolina based startup with over $7M in funding, analyzes a broker’s contacts to “identify how much more likely than average your contacts are to sell in the next year.” During the pilot period with @properties, First predicted over 1,800 homes that listed during that period.Reevaluate, another startup that predicts who is most likely to move within the next 3-6 months, claimed they have a 36.4% accuracy rate by analyzing over 200 data points, from spending habits to social news and more.Goodbye PaperworkAs Benjamin Franklin once said, “Time is money.” This couldn’t be more true for real estate brokers, and one of the tasks that suck their time is paperwork.Imagine how much time is spent entering information about a space, like its lighting, room types, kitchens to name a few. Thanks to Restb.ai, AI can automatically populate this information by analyzing a property’s photos. Its technology can classify images into 30+ homes scenes, recognize 16 architectural styles, and instantly tag 30+ valuable home features. Recently, MRED has partnered with Restb.ai “because it will save time and reduce hassle,” according to MRED CTO Chris Haran.Leverton, a Berlin-based startup with $17M in funding, reads and extracts key information from corporate documents, leases, and contracts. All the broker has to do is to upload his documents, then AI starts to extract key information like “rent charges” and allow brokers to quickly search this information. For brokers, this means more insights in less time, a key reason JLL signed a partnership with them.AI is here to assist brokers, not to replace them. AI technology is here to help a broker be more responsive. To save them time from paperwork so they can spend more time finding the right space for their clients. They are here to empower brokers to provide the ultimate experience for their clients and bring meaning to the statement that “real estate is a relationship business.” Related Posts last_img read more

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In Srinagar, Ram Madhav pushes for third front

first_imgBJP national general secretary Ram Madhav, during his two-day visit to Kashmir, commended newly elected Srinagar mayor Junaid Azim Mattu and held a meeting with Peoples Conference (PC) chief Sajad Lone, pushing for a third front ahead of the upcoming Assembly polls in the State.Emerging as permanent partners, the PC and BJP leaders uploaded pictures on social media of their meetings with Mayor Mattu, PC’s councillors and Mr. Lone. “I interacted with newly-elected councillors of the Srinagar Municipal Corporation (SMC). It’s a team of youngsters led by young Mayor Mattu from Sajjad Lone’s PC. He was supported by the BJP and independents. He defeated a candidate supported by the Congress, Peoples Democratic Party (PDP) and National Conference (NC),” said Mr. Madhav.Former NC spokesman Mattu, 34, became Srinagar’s Mayor this week in closely contested polls between the Congress and the PC-BJP alliance. Mr. Mattu won 40 wards out of 74, while the Congress managed just 26 with its own members resorting to cross-voting. Mr. Mattu has graduated in Business and Finance from Michigan State University and returned to J&K in 2009. He joined the National Conference as spokesman and quit it recently to contest the polls. “The two parties discussed various plans to usher Srinagar into an era of development,” said Mr. Mattu.Madhav’s meeting comes as a shot in the arm of PC ahead of the Assembly polls. The PC has two MLAs from north Kashmir as of now, including Mr. Lone representing Handwara constituency. The party plans to field more candidates from Srinagar for the first time, in a bid to bring to the fore a third front within the Kashmir valley. “We managed to penetrate the base of the electorate in Srinagar through diligence. We will build on this. This will help our prospects in the next polls. PC will field candidates from Srinagar too next time,” Mayor Mattu told The Hindu after winning the mayoral elections. Meanwhile, Mr. Madhav, who sought feedback from party leaders in Srinagar for the upcoming panchayat polls, flew back to Delhi on Friday.Boycott callMeanwhile, JKLF chief Yasin Malik on Friday called for a boycott of panchayat elections, starting from November 17.last_img read more

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Phil Simmons hints at strained relationship with WICB president, director

first_imgWest Indies head coach Phil Simmons has hinted at a strained relationship with both West Indies Cricket Board (WICB) president Dave Cameron and its director of cricket Richard Pybus ever since he was suspended for controversial comments about team selection last September.Simmons revealed while there was communication with both officials, it was not extensive and pointed out there had been no personal congratulatory messages on the recent Twenty20 World Cup success, reports Caribbean Media Corporation.”Relationship is a difficult word. He communicates via e-mails but he has not spoken to me since the suspension,” Simmons was quoted as saying by ESPNCricinfo on Thursday in reference to Pybus.”It’s sad because this is not about him or me, this is about West Indies cricket. There has not even been any personal or team congratulatory message on the World Cup win.”Trinidadian Simmons, who has been in the job for exactly a year now, said he had a similar relationship with Cameron.”It is the same thing. It was good when I first came in. I would get the occasional text message and I earned a big hug when we won the Test match in Barbados against England,” he explained.”But since my suspension there has been no communication, not verbal nor written, and again no congratulatory message.”Simmons took up the West Indies role following the One-Day World Cup last March and presided over a 1-1 draw in a three-Test series against England and 0-2 loss to Australia.Ahead of the Test tour of Sri Lanka, he was slapped with a suspension by the WICB after complaining to journalists about “interference from outside” in the selection of the one-day squad to tour Sri Lanka.advertisementSimmons was referring to the continued exclusion of Kieron Pollard and Dwayne Bravo.After missing the tour of Sri Lanka, Simmons was reinstated for the Australia series after tendering a public apology for his comments. However, despite the difficulties of the last year, he said he remained highly motivated for the task ahead.”For me it is not difficult to remain motivated because the ship is West Indies cricket. The ship is not the president or the director of cricket or Phil Simmons,” the former Test all-rounder said.”West Indies cricket means more to me than anything else. Especially working with the younger players, getting them to understand what they have to do at the international level, keeps my head up all the time.””My professionalism also helps me to continually to put in my best in my job.”last_img read more

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BMW commence bookings for new 5 Series in India ahead of launch on June 29

first_imgWe had earlier reported that BMW will launch the new 5 Series on June 29. Now, the German car-makers have commenced with the pre-bookings for the new generation 5 Series for an initial token amount of Rs 2 lakh- Rs 4 lakh. Unveiled at the 2017 North American International Auto Show in Detroit, the new 5 series is now in its 7th generation and is bigger than the outgoing model.Price:We expect the 2017 BMW 5 Series to come with a price tag of Rs 50 lakh (ex showroom, New Delhi)- Rs 62 lakh (ex showroom, New Delhi).2017 BMW 5 SeriesDesign:The familiar BMW kidney grille is flanked by twin circular headlights with the headlight housings now connecting with the kidney grille. The adaptive full LED headlights alter the light graphic and can be specified as an option. With adaptive full LED headlights, the LED tubes of the daytime running lights are hexagonal and extend to meet the kidney grille.2017 BMW 5 SeriesEngine:The all new BMW 5 series will come with two engine options- a new 2.0-litre, 4-cylinder inline engine in the BMW 530i supersedes the gasoline unit previously fitted in the BMW 528i. The turbocharged direct injection engine delivers its peak output of 248 hp and puts its maximum torque of 349Nm. The BMW 530i sprints from 0 to 60 mph in 6 seconds (5.8 seconds with xDrive) and reaches a top speed of 209kmph.2017 BMW 5 SeriesThe range-topping engine for the time being can be found in the new BMW 540i and generates 335 hp. The 3.0-litre inline 6-cylinder musters up a mighty 450Nm of torque. The BMW 540i sedan powers from 0 to 60 mph in just 4.9 seconds and top speed is electronically-limited to 209kmph.advertisementDimension:The all-new BMW 5 Series sedan remains the quintessential midsize sport sedan. The new BMW 5 Series Sedan is 30mm longer than the outgoing model 7.62 mm wider and 15.24mm taller. Its wheelbase measures 2974.34mm, an increase of 5mm.2017 BMW 5 SeriesFeatures:The latest version of Gesture control which premiered last year in the all-new BMW 7 Series is now available as an option in the all-new BMW 5 Series. Navigation, telephone, entertainment features and vehicle functions can be visualized on the standard high-resolution 10.25-inch screen. Dynamic Cruise Control (DCC), the new and improved Active Cruise Control (ACC) with Stop & Go.Competition:The new generation BMW 5 Series will compete against the likes of new generation Mercedes-Benz E-Class LWB, Jaguar XF, Audi A6 and Volvo S90 in India.2017 BMW 5 SeriesALSO READ:2017 BMW 5 Series to launch in India on June 29ALSO READ:India-bound BMW 5 Series to debut at Detroit Auto Show 2017ALSO READ:All new BMW 5 Series unveiled; India launch in 2017last_img read more

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Kimmich relishing reunion with RB Leipzig

first_imgBayern München Bayern star Kimmich relishing reunion with old side RB Leipzig Goal Last updated 2 years ago 14:00 10/25/17 FacebookTwitterRedditcopy Comments(2) Bayern München RB Leipzig RB Leipzig v Bayern München DFB Pokal Videos In an exclusive column for Goal, the versatile youngster admits he has plenty of friends still at his old club, but that won’t dull his winning desire I played at RB Leipzig from 2013 to 2015, and my coach was Alexander Zorniger. He was a coach who was very focused on the details. He did a lot of analytics and we were focused at Leipzig on the play against the ball.At RB Leipzig at first I was 18 years old. I was the youngest player in the squad and so at first it wasn’t easy because I came there with an injury.  As I said I was the youngest there, I had to [work on] my body, I had to work a lot on it and I improved myself.Joshua Kimmich RB Leipzig Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player It was not easy in the third and second leagues, as the football is not that technical. It was getting better when I changed to FC Bayern Munich, because in the first league [Bundesliga] and in the Champions League or cup, the football is more technical. They had one player, Yussuf Poulsen, and I lived with him two years… but also, or especially, I bonded with Diego Demme.He is a close friend for me, but on the pitch it’s something different. Of course we are friends, but both of us, or all of us, want to win the game.I think I’m a person who is easy to communicate with, because on the bus I’m next to Kingsley (Coman), in the locker room I’m next to Arturo (Vidal). I have a good contact with Mats (Hummels) or Sven Ulreich, also Tom (Starke), he is a bit like my ‘father’ in the team.Joshua Kimmich Bayern Munich 2017There is a good atmosphere in the squad and I think it will be very important in the next games, and for the whole season, that we work together, that we are a close team.Do you have questions for Joshua Kimmich? Please write them in the comments and we’ll forward a few of them to Joshua for his next column.last_img read more

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a month agoMan City veteran David Silva in talks with Inter Miami

first_imgMan City veteran David Silva in talks with Inter Miamiby Paul Vegasa month agoSend to a friendShare the loveManchester City veteran David Silva is in talks with Inter Miami.The Independent says Silva, who will leave the Etihad Stadium at the end of the season after a decade in Manchester, is being lined up by David Beckham in order to tap into and engage south Florida’s large Hispanic community.Beckham is desperate to get the local population on board as he looks to build the team from scratch, and hopes that a world-renowned Spanish-speaking star such as Silva would fit the bill.Silva was part of the Spain squads that won the European Championships in 2008, the World Cup in 2010 and the European Championships again in 2012, while the former Valencia star is known around the world for his achievements in English football with City.He will walk away from the Citizens when his contract expires in the summer, although should he move to Miami he would miss the first three months of the 2020 MLS season, which begins in March. TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img read more

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Premiers Governors Pledge to Transition to Green Economy

first_imgEastern Canadian provinces and New England states have pledged to work together on regional initiatives to advance the green economy, Premier Darrell Dexter said. The joint commitment was made today, Sept. 15, at the 33rd annual conference of New England Governors and Eastern Canadian Premiers in Saint John, N.B. “We all understand that our economies and our environment are directly linked,” said Premier Dexter. “I am pleased that my colleagues are committed to working together with other governments and industry stakeholders to lead the transition towards a greener economy.” The conference heard from business leaders in the region such as Scott Travers, president of Minas Basin Pulp and Power, on the opportunities in the green economy. Travers spoke about the Nova Scotia company’s experience manufacturing paper products solely from recycled paper, as well as its work building the Fundy Ocean Research Centre for Energy for tidal power. In the area of Renewable Energy, the conference directed its Northeast International Committee on Energy to develop potential terms and conditions for the procurement of regional renewable power, and provide clarity to renewable energy producers. The premiers and governors also asked the organization’s Climate Change Steering Committee to develop a climate change initiative to be presented next year. They noted that provinces and states can play a leadership role in addressing the challenges of climate change. Nova Scotia has committed to reducing greenhouse-gas emissions, but recognizes it cannot do it alone. “We need to collaborate with our regional partners to both reduce our greenhouse-gas emissions and better understand and adapt to the impacts of climate change,” said Premier Dexter. Collaboration and partnerships among the region’s governments has served it well. For more than 10 years, provinces and states in the region have provided mutual assistance for the management of emergencies. The compact and supporting mechanisms are being pledged to assist the region in dealing with the H1N1 pandemic. New Brunswick Premier Shawn Graham and Maine Governor John Baldacci co-chaired this year’s conference, Greater Co-operation – Stronger Economies. The Conference of New England Governors and Eastern Canadian Premiers was established in 1973 in recognition of the special regional interests among the six New England states and the five Eastern Canadian provinces.last_img read more

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Surge in gorilla killings in DR Congo sparks concern from UN official

The head of the United Nations Educational, Scientific and Cultural Organization (UNESCO) sounded the alarm today over the fate of mountain gorillas living in a national park in the northeast of the Democratic Republic of the Congo (DRC) after another four were found slaughtered late last month.Seven gorillas have now been shot and killed this year, more than during the conflict that wracked Africa’s Great Lakes region in the late 1990s, prompting UNESCO Director-General Koïchiro Matsuura to call on Congolese authorities to introduce urgent measures to try to end the killings.He also announced that a joint mission involving the UNESCO World Heritage Centre and the World Conservation Union (IUCN) will head to the DRC later this month to investigate why there has been a surge in gorilla killings.In the most recent attack, probably on the night of 22 July, four gorillas – one “silverback” male and three females – were killed near Bukima. Two other gorillas, a female and her young, are now missing.“The disappearance of these gorillas represents not only a tragedy for the preservation of the species, but also the loss of an important source of revenue for local communities,” Mr. Matsuura said in a press release issued from UNESCO headquarters in Paris.The killings this year have been concentrated in the southern part of the Virunga National Park, which is close to the border with Uganda and Rwanda.Virunga was inscribed on the World Heritage List in 1979 for its outstanding natural habitats, but the gorilla killings have led the World Heritage Committee to inscribe the park on the List of World Heritage in Danger. 1 August 2007The head of the United Nations Educational, Scientific and Cultural Organization (UNESCO) sounded the alarm today over the fate of mountain gorillas living in a national park in the northeast of the Democratic Republic of the Congo (DRC) after another four were found slaughtered late last month. read more

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South Sudan UN relief chief stresses vast scale of humanitarian needs

1 February 2012The United Nations relief chief today underlined the enormity of the humanitarian challenges facing South Sudan on the first day of her three-day visit to the fledgling country, highlighting the needs of returnees, an influx of refugees, internal displacement as a result of ethnic conflict and endemic poverty. “South Sudan faces significant challenges, including hundreds of thousands of people displaced in 2011, people returning from Sudan and refugees from the ongoing conflict in Southern Kordofan and Blue Nile states in Sudan,” said Valerie Amos, the Under-Secretary-General for Humanitarian Affairs.“In addition, conflict, poverty, and increasing food insecurity are having a major humanitarian impact. The people of South Sudan need our support,” said Ms. Amos, who is also the UN Emergency Relief Coordinator, when she met with met with representatives from aid agencies in Juba, the capital.South Sudan seceded from Sudan last July, becoming an independent country following a referendum where the overwhelming majority voted for self-determination, six years after a landmark peace agreement ended decades of civil war.A relatively small number of aid organizations are dealing with about 30 simultaneous emergency operations in the vast and remote country prone to inter-ethnic conflict and insecurity. Aid workers briefed Ms. Amos on their efforts to distribute aid in Jonglei state, the scene of inter-communal clashes in late December and early last month.“I am concerned about the scope and magnitude of the violence communities have inflicted on each other in Jonglei, as well as about the conflict between rebel militias and the army that has killed, wounded and displaced so many,” said Ms. Amos.“Diversity in South Sudan should be a source of both communal and national pride. I hope that everyone in South Sudan will embrace their identity as South Sudanese, and achieve long-term reconciliation and peace,” she added.She will tomorrow travel to Jonglei to see the ongoing aid operation and meet with Government officials, relief workers and those affected by the recent violence. On Friday, Ms. Amos is scheduled to meet with South Sudanese President Salva Kiir and other senior officials.Meanwhile, the UN Mission in South Sudan (UNMISS) has reported that it facilitated and accompanied a Government mission to the Bulich area of Tonj East county in Warrap state, which confirmed that 78 people were killed and 68 others were wounded during an attack by an armed group from neighbouring Unity state on Monday.Nine people are missing and thousands are reported to have been displaced, the Secretary-General’s spokesperson told reporters in New York. The UNMISS team saw 15 bodies that had not been buried.Humanitarian agencies plan to call an emergency meeting to organize a coordinated response to the needs of those affected by the violence in Warrap, while the UNMISS human rights division will investigate the incident. read more

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Closing Bell TSX Wall Street rally as investors find reason for confidence

TORONTO — Traders showed they still had some optimism for the economy as stocks moved higher Wednesday in the first trading session since the U.S. Congress agreed on measures to avoid the so-called “fiscal cliff.”Here are the closing numbersTSX — 12,540.77 +107.24 +0.86%S&P 500 — 1,462.42 +36.23 +2.54%Dow — 13,412.55 +308.41 +2.54%Nasdaq — 3,112.26 +92.75 +3.07%The S&P/TSX composite index closed 107.24 points higher at 12,540.77, while the TSX Venture Exchange was ahead 18.54 points at 1,239.84.The Canadian dollar rose 0.99 of a cent to 101.50 cents US.On Wall Street, the cliff aversion triggered a rally with the Dow Jones industrials jumping 308.41 points to 13,412.55.The Nasdaq rose 92.75 points to 3,112.26 and the S&P 500 index gained 36.23 points to 1,462.42.The budget deal, reached just before midnight Tuesday, left several issues unresolved and it was unclear how long markets would be lifted by the agreement.“The last couple of weeks people were starting to worry whether or not this thing would even get done, and the fact that we did avert the fiscal cliff has put people in a good mood and a buying mood,” said Sadiq Adatia, chief investment officer of Sun Life Global Investments.But Adatia said the positive momentum of traders will likely be tested in the coming sessions.“I don’t think this rally will be long lasting, but it does help the start of the year.”The bill that Congress approved calls for higher taxes on incomes over US$400,000 for individuals and US$450,000 for couples, a victory for President Barack Obama. Earnings above those amounts would be taxed at a rate of 39.6%, up from 35%. It also delays for two months $109 billion worth of across-the-board spending cuts that were set to kick in this week.Though fiscal cliff fears have eased, investors still have a host of issues to worry about — not least the prospect of more debates over unresolved longer-term U.S. budget issues.The next major debate will involve what is known as the debt ceiling — which is essentially how much the government is allowed to borrow. President Obama has said he will not negotiate the issue.In commodities, oil prices rose with the February contract on the New York Mercantile Exchange ahead $1.30 to US$93.12 a barrel.The TSX gold sector was higher as the March bullion contract moved ahead $13 to US$1,688.80 an ounce. Copper prices for the March contract were up 8.4 cents to US$3.74 a pound.Metals and mining stocks were the biggest gainer, rising 3.8%. Teck Resources (TSX:TCK.B) was up $1.35 to $37.50.Shares in Petrobank Energy and Resources Ltd. (TSX:PBG) fell 91% in the first trading day since the company completed a major reorganization.The company, now referred to as New Petrobank, announced on Monday it had completed the spinoff of its 57% stake in PetroBakken Energy Ltd. (TSX:PBN), a light oil-focused company. Its stock closed at $1.17, a drop of $11.23.BlackBerry-maker Research In Motion (TSX:RIM) shares fell 23 cents to $11.57 as reports surfaced that Apple may be testing its next iPhone model and operating system with a mid-year release target.Here’s the news investors were watching today: Why the fiscal cliff relief rally won’t last‘Grim’ data reveals eurozone factory slump is getting worseSix reasons 2013 is already looking up for investors: David RosenbergHow Warren Buffett beat the S&P 500 in 2012ON DECK THURSDAYECONOMIC NEWSUNITED STATES7:30 a.m.Challenger Layoff Report 8:15 a.m.ADP National Employment Report (Dec): Economists expect 140,000 new jobs 8:30 a.m.Weekly jobless claims: Economists expect 360,000 new claims 2 p.m.U.S. Fed’s FOMC minutes from December meeting CORPORATE NEWSUNITED STATESFamily Dollar Q1 earnings: Analysts expect 67¢ a share read more

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China releases more pork from reserve to cool prices

BEIJING — China’s government is releasing pork from stockpiles for the second time this month to help cool surging prices ahead of next week’s celebration of the Communist Party’s 70th anniversary in power.The government said Thursday it will auction off 10,000 tons of pork, the country’s staple meat.The price of pork has soared almost 50% from a year ago due to a devastating outbreak of African swine fever that killed or prompted authorities to destroy vast numbers of pigs.That is a sour political note for the ruling party, which bases its claim to power in part on improved living standards over three decades of market-style economic reforms.The disease that is fatal and very contagious for pigs does not harm humans. It has spread to many Asian countries.The Associated Press read more

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Judge lays into Tommy Robinson fan who graffitied Hitler was right around

A Swastika sprayed on a window of the Riverfront Theatre in Newport Credit:PA Swastikas and the letters SRN (System Resistance Network) which were spray painted on a wall in Newport, south Wales Swastikas and the letters SRN (System Resistance Network) which were spray painted on a wall in Newport, south WalesCredit:PA Ross wore black paramilitary clothes on his solo night patrols around Newport, the court heard.  A judge has laid into a Tommy Robinson fan who daubed a city centre with swastikas and “Hitler was right” posters for having “no idea what living under a tyrannical regime” is like.Austin Ross, 23, set fire to his old school and Newport Masonic Hall in South Wales during his hate campaign which caused “distress and alarm”, which saw him put up dozens of posters up for the neo-Nazi, System Resistance Network, linked to a banned terrorist group.Prosecutor Jason Howells said; “The posters said: “Hitler did nothing wrong”, “Hitler was right,” Heil Hitler” and “Join the Resistance”. He set fire to two premises causing damage of more than £58,000.”Swastikas were sprayed on numerous walls and windows along with the letters SRN and “Marxist filth”.Jailing Ross for six years, Judge Jeremy Jenkins told Newport Crown Court: “Your beliefs and attitudes are not only abhorrent to the majority of people living in this country, they offend deeply those members of the community to whom those beliefs are targeted.”You and others like you have not the slightest idea of what living under a tyrannical regime is like, and the irony is that you fail through ignorance and prejudice to see that those you target were responsible, by sacrifice and selflessness, for the freedoms you now enjoy.” It cost Newport Council more than £1,000 to remove the graffiti and swastikas which appeared across the town in May this year.Ross admitted nine charges of causing racially aggravated damage to property, four of racially aggravated harassment and two of arson.Judge Jenkins told him: “You set about a campaign of racially aggravated damage to properties which took the form of you daubing swastikas and other highly-offensive literature upon buildings.”Not content with that you deliberately set fire to the Masonic Hall and Bassaleg(corr) Secondary School.”Your motivation was borne out of sheer hatred and malice based upon your perverted view of race and religion and others dissimilar to you. A Swastika sprayed on a window of the Riverfront Theatre in Newport  Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. “That, in a civilised society is as abhorrent as it is impossible to comprehend.”Shaven-headed Ross, of Newport, was dressed in a grey shirt with a black collar and tie for the sentencing hearing at Newport Crown Court. CCTV footage of him setting fire to the Masonic Hall was shown to the court as it emerged his other targets included a church, a theatre, a footbridge and university buildings in the city.Mr Howells said: “Images were circulated by Gwent Police who were given Ross’s name in an anonymous call.”They went to his home and found swastika stencils, “Keep Britain White” posters and the clothing he had been seen in.”Ross was a supporter of jailed English Defence League co-founder Tommy Robinson, whose real name is Stephen Yaxley-Lennon. Alongside some of the swastikas Ross had spray painted the words “Free Tommy”. read more

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Nautilus Minerals seafloor production tools arrive in Papua New Guinea

first_imgNautilus Minerals’ seafloor production tools (SPT) have arrived in Papua New Guinea (PNG), and will shortly commence submerged trials.Mike Johnston, Nautilus’ CEO commented “we are delighted to be undertaking submerged trials in PNG. The trials will result in money and investment going into the PNG economy, and the employment of Papua New Guineans in “state of the art” technology which are some of the key benefits of seafloor production. The trials also allow us to work closely with our partner Petromin, government officers from the various government agencies, as well as representatives from Provincial Governments of New Ireland and East New Britain.”The submerged trials will happen in an existing facility on Motukea Island, near Port Moresby in PNG.There are three SPTs, the Auxiliary Cutter (AC), the Bulk Cutter (BC) and the Collecting Machine (CM). Nautilus’ SPTs combine existing technology from the offshore oil and gas sector with rock cutting technologies used in land-based operations. The SPTs were designed and built at Soil Machine Dynamic’s facility in Newcastle Upon Tyne, UK.Rock is to be disaggregated on the seafloor by the AC and the BC. They excavate material by a continuous cutting process, not unlike coal or other bulk continuous mining machines on land. The AC is a preparatory machine that deals with rough terrain and creates benches for the other machines to work. It will operate on tracks with spud assistance and has a boom mounted cutting head for flexibility.The second machine, the BC, has higher cutting capacity but will be limited to working benches created by the AC. Both machines leave cut material on the seafloor for collection by the CM. The CM, also a large robotic vehicle, will collect the cut material (sand, gravel, silt) by drawing it in as seawater slurry with internal pumps and pushing it through a flexible pipe to the riser and lifting system.The SPT design is an extension of existing subsea trenching equipment combining hard rock mining technology with that of subsea remote system technology. The SPTs will be deployed from the Production Support Vessel (PSV) using a lifting frame and operated via a power and control umbilical.last_img read more

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Pedestrian dies following collision with car in Co Westmeath

first_img 21,437 Views Feb 28th 2019, 7:41 AM Thursday 28 Feb 2019, 7:41 AM By Hayley Halpin https://jrnl.ie/4516924 Short URL Share274 Tweet Email1 1 Comment center_img A PEDESTRIAN HAS died following a collision with a car in Co Westmeath overnight. The incident took place on the N4 close to Mullingar at around 12.30am. The pedestrian, a man believed to be in his 30s, was fatally injured when he was involved in a collision with a car. His body has been removed to the Midlands Regional Hospital in Mullingar where a post-mortem examination will be carried out. The driver of the car sustained minor injuries and was also treated in hospital. The road at the scene is closed and diversions are in place.  N4 close to Mullingar, Co Westmeath Image: Google Maps Pedestrian dies following collision with car in Co Westmeath The incident took place on the N4 close to Mullingar at around 12.30am. N4 close to Mullingar, Co Westmeath Image: Google Maps Tweet thisShare on FacebookEmail this articlelast_img read more

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Paul Alivisatos wins the National Medal of Science

first_img Facebook Twitter: @NeosKosmos Instagram The White House has announced that Paul Alivisatos, director of the Lawrence Berkeley National Laboratory (Berkeley Lab), award-winning chemist and internationally recognised authority on the fabrication of nanocrystals and their use in solar energy applications, has won the National Medal of Science, the nation’s highest honour for lifetime achievement in fields of scientific research. Alivisatos, 56, who has been hailed as “one of the fathers of nanoscience” for his ground-breaking research in quantum dots and other artificial nanostructures, holds appointments with the University of California Berkeley as the Samsung Distinguished Chair in Nanoscience and Nanotechnology, and is the director of the Kavli Energy NanoSciences Institute at Berkeley. He is also a scientific founder of two prominent nanotechnology companies, Nanosys and Quantum Dot Corp. Details about this year’s nine honorees, including their citations, will be made available at a public ceremony scheduled for early in 2016. Alivisatos becomes the 15th Berkeley Lab scientist to win the National Medal of Science, which was established by Congress in 1959 as a Presidential Award.last_img read more

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RS Medical names eight new executives

first_imgNine months after taking the reins of major Vancouver employer RS Medical, John Konsin announced Wednesday that he has hired eight people to form a new executive team at the company.All report directly to Konsin, who was handpicked as chief executive in January when longtime CEO Rick Terrell stepped aside to devote more time to product development at the company.Ann Demaree, director of marketing services for the company, said the eight executive positions are all new and reflect the company’s decision to focus on market growth. No one was forced out of the company to make room for the new executive team, she said.The new executives of RS Medical, which also goes by International Rehabilitative Services Inc., are:o Sam Reinkensmeyer, chief financial officer and vice president of finance.o Attorney Patrick Cougill, vice president of legal, quality and regulatory affairs.o Rick Harper, vice president of sales.o Tom Pierce, vice president of human resources.o Dr. Dominic Tong, vice president of medical and clinical affairs.o Patricia White, vice president of marketing and business development.o Doug Brunner, vice president of operations.o Bob Harmon, director and general manager of RS Medical Direct.RS Medical employs more than 500 people, including about 325 at its Vancouver facilities at 14011 S.E. First St. There, the company produces and markets a variety of electrotherapy products and braces that reduce pain and improve function. The devices are sold to insurance companies and prescribed by physicians.last_img read more

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New US Marshal for Southern District of Florida sworn in

first_imgMIAMI (WSVN) – The new United States Marshal for the Southern District of Florida has officially been sworn in.Gadyaces Serralta was appointed by President Donald Trump to lead the locally-based marshals, Monday afternoon.The Senate then confirmed him.The former Miami-Dade Police Major has nearly three decades of law enforcement experience.He’ll now lead the marshals in catching the area’s most dangerous fugitives.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

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