Showing posts from 2016

Time To Address the Coaching Issue

Time To Address the Coaching Issue Jonathan McKee won Olympic medals at the 1984 and 2000 Games, and after witnessing the 2016 Olympics, he reports in Sailing World magazine that it’s time to address the coaching issue…. I had the honor of coaching our American Nacra 17 team of Bora Gulari and Louisa Chafee at the Rio Olympics. It was a great experience on many levels, but I came away feeling that the coaching aspect of the Olympics is too dominant. Today, at a typical Olympic-class event, you’ll find that each sailor competing has his or her own coach boat, typically a 16-foot RIB with a 60 hp engine. I’m not against coaching per se, especially if it helps the sailors improve, but I’m not convinced that hands-on coaching at major events such as the Olympics is necessary or warranted. It’s gotten to the point where having so many support boats on the water detracts from the sailors’ experience. Once upon a time, sailors had to get to and from the racecourse themselves and be self-suffic…

Russia Cashes in on Oil Upswing

Russia Cashes in on Oil Upswing to Sell Rosneft StakeBy Gary Ashton | In a surprise development, Russia’s President Putin announced on state television that Swiss commodity trader Glencore Plc and Qatar’s sovereign wealth fund will be purchasing a 19.5% stake in Russia’s state oil company, Rosneft PJSC (MCX:ROSN), in a deal worth $11 billion. The Russian government, which owns approximately 70% of Rosneft, has been looking to reduce its stake in the company for most of the year to raise funds for its budget. (For More See:Russia Looking to Sell Stake in Rosneft)
Russia delayed the privatization of Rosneft in August 2016 because of the decline in oil prices during the summer. In October, however, Russian Economy Minister Alexei Ulyukaev said the privatization of a stake in oil major Rosneft would take place between November and December 2016. Analysts at the time estimated a 19.5% stake could fetch as much as $11.7 billion at current market valuations.
Russia’s Budget Growing Russia’s…

26 Goldman Sachs Alumni

26 Goldman Sachs Alumni Who Run the World (GS)By David Floyd | "The first thing you need to know about Goldman Sachs," Rolling Stone's Matt Taibbi wrote in July 2009, "is that it's everywhere." Whether that makes the bank a "vampire squid," in Taibbi's now-famous phrasing, is debatable, but Goldman Sachs Group Inc.'s (GS) ubiquity is hard to deny.
The selection of Steve Mnuchin as Treasury Secretary, which he confirmed on November 30, makes the second-generation Goldman partner (his father Robert Mnuchin was also a partner) the second of the firm's alums to secure a position in Donald Trump's incoming administration: the President-elect's campaign strategist, Breitbart executive chair and one-time Goldman investment banker Steve Bannon will serve as chief strategist and senior counselor in the incoming administration (counselor to the president was a cabinet-level position until 1993). (See also, Goldman Sachs Nears All-Time H…

Amazon’s new grocery store

Amazon’s new grocery store is missing one of the most important things about its business
By now, you've probably seen the new video for Amazon Go, the e-commerce store's first physical grocery store that comes with no cashiers or check out lines. But if you've followed Amazon closely, you've probably noticed the store is missing one of the most important parts about Amazon's retail strategy: Prime benefits. Prime, Amazon's annual membership program, gives access to free two-day shipping and a bunch of other services, such as Prime Video and Music. Amazon has increased the number of Prime perks lately in hopes of attracting more members, as it became clear that Prime members tend to spend more on Amazon than non-Prime members. Oddly, Amazon is not giving any privilege to its Prime members in the new grocery stores, which is easily one of the biggest retail initiatives the company has taken in years. The Amazon bookstore, which launched last year, for…

Students 'Easily Duped'

Students 'Easily Duped' by Misleading, Fake Info OnlineBY CHLOE ALBANESIUS Recently, PCMag's Evan Dashevsky argued that "If you fall for nonsense articles in your Facebook feed, don't blame Facebook. It's your fault for not checking sources." He might want to notify the nation's students, who are apparently easily duped by slick content dressed up as news, a new Stanford report finds. "Many people assume that because young people are fluent in social media they are equally perceptive about what they find there," Professor Sam Wineburg, lead author of the report and founder of the Stanford History Education Group, said in a statement. "Our work shows the opposite to be true." Between January 2015 and June 2016—before the issue of fake news started making headlines—Wineburg and his team collected data from 7,804 students in middle and high school, as well as college, who were asked to evaluate tweets, media site home pages, blog pos…

4K TV Now?

Should I Buy a 4K TV Now?
High definition has meant 1080p (1,920 by 1,080) resolution for years now, and it's ready for an upgrade. That's where ultra high-definition, or UHD, television comes in. You might have heard it called 4K. It's technically UHD according to the now-Consumer Technology Association, but the two terms have become interchangeable. And now those terms finally matter a lot to your television buying decisions, since 4K is finally a mature, accessible technology. What Is 4K?
A UHD or 4K display is one with at least 8 million active pixels. For televisions, that resolution has standardized to 3,840 by 2,160. Digital cinema 4K (the resolution in 4K movie theaters) is slightly higher at 4,096 by 2,160. However you define it, it's four times the number of pixels on a 1080p display, and over 23 times the resolution of standard definition television. For starters, 4K is obviously much sharper than 1080p. In the space that a 1080p TV holds a pixel, a 4K TV of …

Google Touts Encryption

Google Touts Encryption Support On New Pixel Android PhonesBy Jaikumar Vijayan The default encryption on the new devices ensures strong data protection, company says. Google's recently released Android Nougat-powered Pixel smartphones offer a whole new level of data protection because of their built in encryption capabilities, the company said this week.In a blog post Google senior software engineers Paul Crowley and Paul Lawrence said the new data security capabilities made Pixel and Pixel XL better, faster and stronger than the company's previous smartphone models.As one example, the two engineers pointed to the new file based encryption (FBE) support available on Pixel phones. Unlike full-disk encryption, FBE enables different files to be encrypted with different keys so each file can be opened independently of the others. File level encryption also enables data to be separated into a device-encrypted group and a credential-encrypted group, Crowley and Lawrence said.In add…

data highways app helps BC drivers

New open data highways app helps BC drivers plan their commute BY  Victoria-based mobile app developers AirSenze Solutions, also known as FreshWorks Studio, has unveiled its free BCHighways app, built to provide motorists real-time access to provincial roadway information and maps, including road closures, planned work and extreme weather conditions, to help them plan their commute.
The BCHighways app is available for Apple and Android mobile devices, and AirSenze plans to add notifications.
“We made a commitment in our #BCTECH Strategy to make it easier for B.C. tech companies to do business with government and our partnership with AirSenze is an example of that,” said Minister of Technology, Innovation and Citizens’ Services, Amrik Virk. “Government’s BC Developers’ Exchange has shared government data with a private company and now they’ve developed an easy to use app that will help motorists get where they need to go and avoid traffic hang-ups along the way.”
AirSenze S…

Apple back taxes

Ireland really doesn't want Apple to pay it €13 billion in back taxesSam Shead
The European Commission ordered Apple to pay the Irish government €13 billion (£11.5 billion) in back taxes in August.
But there's one small problem. The Irish government does not want the money.
Irish finance minister Michael Noonan submitted an appeal to the European courts on Wednesday in a bid to block the decision, The Register reports.
"The government fundamentally disagrees with the European Commission’s analysis," Noonan reportedly said during a speech he gave to the EU's Economic and Monetary Affairs Committee on Tuesday. "The decision left the government no choice but to take an appeal to the European Courts and this will be submitted tomorrow."
Apple employs more than 5,000 people in Ireland and the Irish government is keen to keep the Californian tech giant on side.
Margrethe Vestager, the EU's competition commissioner, ruled in August that Apple had receiv…

Alphabet Halts Fiber High-Speed Internet Rollout

Alphabet Halts Fiber High-Speed Internet Rollout in Several CitiesBy Jaikumar Vijayan Alphabet suspended operations where it had announced it would deploy Fiber services but had not yet started work, and plans to shift to new ways for delivering high-speed Internet services.
Google's parent company Alphabet has scaled back plans, temporarily at least, for its much-touted Fiber high-speed Internet service and will lay off about 9 percent of the employees engaged in the project.In addition, Craig Barratt, the Alphabet executive who headed Fiber operations, has resigned from his role amid a reassessment of the company's strategy for deploying high-speed Internet services to metro areas around the country.Effective immediately, Google suspended operations and offices where the company previously announced it would deploy Fiber services but had not yet begun work.The metro areas affected by the change are Dallas; Oklahoma City; Phoenix, Scottsdale and Tempe, Ariz.; Portland, Ore.;…

CEO's Death Stirs Debate

CEO's Death Stirs Debate as China’s Techies Face 9-to-9 Workday
 Bloomberg NewsThe premature death of the 44-year-old founder of a prominent mobile health app startup has spurred a bout of soul searching in the Chinese tech community, where working long hours in the hope of making a quick fortune has become a way of life.Zhang Rui, founder and chief executive officer of the startup Chunyu Doctor, died from a heart attack on Oct. 5. Heart attacks can have many causes and Chunyu spokesman Tan Wanneng said there’s no evidence that Zhang’s death was due to overwork. Yet as tech executives mourn his passing, that hasn’t stopped some from wondering about the deeply competitive nature of their industry and the potential health burdens they face."The stress and loneliness that startup founders feel can’t be comprehended by normal people," Leon Li, founder of Huobi, one of China’s largest bitcoin exchanges, wrote on his WeChat account in response to Zhang’s death. "Especiall…

WinRAR compression

How to Pick the Right Compression Settings in WinRAR Creating archives with WinRAR is easy, but the compression settings can be tricky, so check out our guide to learn more By Elena Opris Archiving utilities such as WinRAR, WinZip or 7Zip are useful for compressing large files into smaller ones to send as email attachments to someone who can extract them using a similar tool, or store on USB flash drives with a limited capacity to transfer to another computer, for example. There are endless advantages to such tools. When it comes to creating archives, though, there are many properties that can be taken into account, such as file type, compression mode, file checksums, and backups. Most casual users opt for the default, "as is" configuration simply because it's faster and easier to understand. However, learning about these parameters is essential for maximizing an archiver's efficiency and getting optimal results. It depends on what you're trying to compress, how …

AMP Project to Enable Faster Mobile

AMP Project to Enable Faster Mobile Web Off to Good Start, Google SaysBy Jaikumar Vijayan Sites that have enabled the protocol are seeing substantial gains, Google says on the first anniversary of the AMP launch.
Google this week said that substantial progress has been made with the open-source Accelerated Mobile Pages (AMP) initiative in the one year since it launched last October.The AMP project is a Google-led effort to enable a faster mobile web. Under the effort, the company is trying to get website owners to implement the AMP protocol for creating lightweight web pages for mobile devices.The project is part of a Digital News Initiative that Google launched last year for publishers in Europe but is now being applied on a broader scale.Publishers who were the first to get on AMP have seen substantial benefits from having fast-loading mobile content, David Besbris, Google's vice president of search and AMP, wrote on the company's Europe blog.
As one example, Besbris pointe…

Australia is one of world’s wealthiest countries

Sydney Opera House Australia is one of world’s wealthiest countries and its economy has been doing exceptionally well for the past several decades. Managing to avoid the most recent recessions faced by America and the rest of the world, Australia’s economic performance remains strong according to the World Economic Forum’s Competitiveness Index. The index ranks Australia especially well in the areas of education, financial market development, and labour market efficiency. Ease of Doing Business Ranked as one of the easiest countries in the world to do business in by The World Bank (13th out of 180+ economies), it takes just 3 simple procedures and less than 3 days to get a business started. Other startup advantages include having no requirement for minimum paid up share capital, reputable local and international banks, a safe currency (AUS$) that is set to inflate against the US$ in the coming year (according to the IMF). Additionally, Australia has one of the most diverse and skille…

ACH Payment Processing

Check Processing – ACH Payments as a Service You don't need a U.S. Checking account for this! Increase your customer base by offering an alternative to credit card payments Offering ACH (direct deposit) payments to your US customer base will greatly increase your online sales revenue.  US citizens made over 2.1 billion online ACH payments, accounting for an online payment industry worth almost US$1 trillion each year.
By offering ACH payments, your company gains an essential edge in the competitive online market and becomes accessible to millions of US citizens seeking alternative online payment options.
ACH payments are easy to make, secure, and ensure the validity of all transferred funds. With three to ten day settlement and full transaction tracking, diversifying your payments with ACH will expand your online market and provide additional revenue for your eCommerce business.
ACH Payment Processing BenefitsDiversify payment options to attract more customersOffer payment altern…