Thursday, May 30, 2013

Lull in winds aids fight against wildfire

SANTA BARBARA, Calif. (AP) ? Firefighters took advantage of a lull in winds on Tuesday to try to gain ground against a forest fire in mountains northwest of Santa Barbara, Calif., as some crews were diverted to a second fire that broke out nearby and jumped two highways.

The Santa Barbara County blaze erupted Monday in Los Padres National Forest, carving its way through 2.8 square miles of dry chaparral, oak and pine. It was only 10 percent contained, and the forecast later in the day was for wind gusts of up to 40 mph, Santa Barbara County fire Capt. David Sadecki said.

More than 550 firefighters, supported by a dozen aircraft, were on the lines about 10 miles northwest of downtown Santa Barbara.

At the fire's height, thousands of campers and day visitors scrambled out of the forest on the Memorial Day holiday. The fire also prompted the evacuation of about 50 homes, mainly cabins and vacation rentals, but residents were expected to return Tuesday evening.

The fire, which remained under investigation, burned two vehicles and a U.S. Forest Service garage.

Winds were calm through midday Tuesday, and the blaze was moving east along the Santa Ynez Mountains northwest of Santa Barbara.

Crews were worried, however, that a wind change could push the fire south toward the scenic coastal city, Sadecki said.

"It's an out-of-control wildfire so it is a threat. There's a lot of dry vegetation in its path," Sadecki said. "It's still spring ? it's not even summer ? and it's burning like it's August or September."

The fire was burning near Paradise Road, which meanders along the north side of the Santa Ynez Mountains. Santa Barbara and neighboring communities sit on the other side of the coastal range, which rises quickly from near the Pacific shoreline to peaks topping 3,000 feet.

Later Tuesday, a second wildfire broke out in the nearby wine country hills of Santa Ynez at about 3:30 p.m.

It quickly grew to 170 acres, jumping Highway 154 and 246, but dozens of firefighters and two water-dropping helicopters stopped its forward movement, Sadecki said.

The Sheriff's Department sent out an evacuation warning to roughly 2,000 people living in the city that is home to many horse ranches and vineyards.

Despite its bucolic setting, the area 100 miles northwest of Los Angeles has seen terrible wildfires, including a 1990 blaze that destroyed 641 structures, most of them homes. The summer of 2007 was marred by a gigantic fire that erupted on July 4 and burned for months.

A new blaze flared just before noon Tuesday near the Magic Mountain theme park and Interstate 5 north of Los Angeles. It quickly consumed 55 acres of brush, but was 80 percent contained and expected to be surrounded after hundreds of Los Angeles County firefighters responded with air support.

Source: http://news.yahoo.com/lull-winds-aids-fight-against-calif-wildfire-200821880.html

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Wednesday, May 29, 2013

Court stays out of Planned Parenthood funding case

(AP) ? The Supreme Court will not disturb a lower court ruling that blocks Indiana's effort to strip Medicaid funds from Planned Parenthood because the organization performs abortions among its medical services.

The justices did not comment Tuesday in rejecting the state's appeal of a federal appeals court ruling in favor of Planned Parenthood.

The 7th U.S. Circuit Court of Appeals said the state law targeting Planned Parenthood went too far. Indiana is among more than a dozen states that have enacted or considered laws to cut off taxpayer money to organizations that provide abortion.

The law aimed to deny Planned Parenthood funds from the joint federal-state Medicaid health program for the poor that are used for general health services including cancer screening.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/bbd825583c8542898e6fa7d440b9febc/Article_2013-05-28-AP-US-Supreme-Court-Planned-Parenthood/id-a3be9a91553849deb9b71cfd66db083f

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Tuesday, May 28, 2013

Cisco challenges Microsoft buy of Skype in EU court

By Foo Yun Chee

BRUSSELS (Reuters) - Cisco Systems Inc, the world's leading network equipment maker, will try to convince Europe's second highest court on Wednesday that it should overturn the EU's approval of Microsoft's purchase of Skype.

If Cisco wins the challenge at the Luxembourg-based general court, the European Commission would have to annul its decision, which allowed Microsoft to buy the Internet video and voice company without having to make any concessions.

Cisco, which is appealing together with Italian fixed-line and Internet telephone provider Messagenet SpA, will argue that the Commission made several "manifest errors" in assessing the $8.5 billion Microsoft-Skype deal.

It is expected to argue that the combined company's dominant share in the communications market gave it the ability and the incentive to refuse to provide data that would allow rivals to work with the merged firm's products.

The last time a company successfully challenged a Commission merger-approval decision at the court was in 2002 in a case involving the Sony Music and BMG record labels. In the vast majority of cases, the court rules with the Commission.

A decision by the EU's general court can be appealed to the European Court of Justice, the EU's highest court.

Cisco's challenge is one of four court cases against the European Commission's rulings in merger cases.

Deutsche Boerse last year filed an appeal against the Commission's rejection of its merger with NYSE Euronext while UPS has take action against a regulatory veto of its proposed TNT buy.

Ryanair has similarly said it will fight the Commission's veto of its plan to buy Aer Lingus.

(Reporting by Foo Yun Chee; editing by Luke Baker)

Source: http://news.yahoo.com/cisco-challenges-microsoft-buy-skype-eu-court-153122137.html

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Obama calls Oklahoma tornado's toll 'hard to comprehend'

By Jeff Mason

MOORE, Oklahoma (Reuters) - Standing by a pile of debris that once was an elementary school, President Barack Obama on Sunday called the destruction last week's tornado wrought in Moore, Oklahoma, "hard to comprehend" and vowed to provide long-term federal help in rebuilding.

The tornado, rated at the top of a five-step scale used to measure the destructive power of twisters, killed 24 people - including seven children at the school site Obama visited. It ripped a 17-mile-long (27-km-long) corridor of destruction through the suburb of Oklahoma City, flattening entire blocks of homes, two schools and a hospital.

"Obviously the damage here is pretty hard to comprehend," Obama said, standing on a block where piles of boards, bricks and cinder blocks that used to be buildings and houses lined the side of the street. Rare items that survived the disaster - a television set, a pink baby carriage - stood in contrast to the wreckage.

The visit to the disaster-shaken town was one in a series of responses Obama has made in recent months to tragedies including the Boston Marathon bombings last month; a December mass school shooting in Newtown, Connecticut; and the destruction that Superstorm Sandy caused along the Jersey Shore in October.

"Whenever I come to an area that has been devastated by some natural disaster like this, I want to make sure that everyone understands that I am speaking on behalf of the entire country," said Obama, flanked by officials including Oklahoma Governor Mary Fallin. "Everywhere, fellow Americans are praying with you, they're thinking about you and they want to help. And I'm just a messenger here letting you know that you are not alone."

Cars with their bodies dented and windows smashed lay under debris or twisted on their sides. Rising above the wasteland were at least three American flags that had been attached to the rubble, waving in the wind.

Caleb Sloan, 24, who lost his home in the storm, said Obama's words gave him hope that help would be forthcoming.

"He has no choice but to live by his word," Sloan said. "I hope and pray and think he will keep his promises."

SPATE OF STORMS

The May 20 Moore tornado was the most powerful of a spate of 76 twisters that touched down in 10 states from May 18 through 20, causing an estimated $2 billion to $5 billion in insured losses, according to disaster modeling company Eqecat.

The Moore tornado, the deadliest such windstorm to hit the United States in two years, also injured 377 people.

One volunteer who had been working on the response raised the commonly voiced complaint that the tight security surrounding a presidential visit can interfere with efforts to return to normal.

"It is fantastic he came, but his visit shut down everything," said Carol Hull, who has been working to feed and counsel victims. "We have no place to send people for food and aid while he is here because the roads and centers are shut down."

While assuring that residents of the 1,200 homes that the storm destroyed would receive extended federal help, Obama also urged lawmakers to maintain funding for the training and equipment that emergency responders rely on in the aftermath of disasters.

"I know everybody in Congress cares deeply about what's happening and know that resources will be forthcoming when it comes to rebuilding," Obama said. "But remember that it's also the ongoing training and equipment, making sure those things are in place. We can't shortchange that kind of ongoing disaster response, we can't just wait until the disaster happens. That's how, in part, we're able to save a lot of lives."

(Additional reporting by Heide Brandes; Writing by Scott Malone; Editing by Sandra Maler and Mohammad Zargham)

Source: http://news.yahoo.com/obama-visit-tornado-oklahoma-town-sunday-143110804.html

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Monday, May 27, 2013

The formula for turning cement into metal

The formula for turning cement into metal [ Back to EurekAlert! ] Public release date: 27-May-2013
[ | E-mail | Share Share ]

Contact: Tona Kunz
tkunz@anl.gov
630-252-5560
DOE/Argonne National Laboratory

New material a boon for use in electronics and thin films

LEMONT, ILL. --- In a move that would make the Alchemists of King Arthur's time green with envy, scientists have unraveled the formula for turning liquid cement into liquid metal. This makes cement a semi-conductor and opens up its use in the profitable consumer electronics marketplace for thin films, protective coatings, and computer chips.

"This new material has lots of applications including as thin-film resistors used in liquid-crystal displays, basically the flat panel computer monitor that you are probably reading this from at the moment," said Chris Benmore, a physicist from the U.S. Department of Energy's (DOE) Argonne National Laboratory who worked with a team of scientists from Japan, Finland, and Germany to take the "magic" out of the cement-to-metal transformation. Benmore and Shinji Kohara from Japan Synchrotron Radiation Research Institute/SPring-8 led the research effort.

This change demonstrates a unique way to make metallic-glass material, which has positive attributes including better resistance to corrosion than traditional metal, less brittleness than traditional glass, conductivity, low energy loss in magnetic fields, and fluidity for ease of processing and molding. Previously only metals have been able to transition to a metallic-glass form. Cement does this by a process called electron trapping, a phenomena only previously seen in ammonia solutions. Understanding how cement joined this exclusive club opens the possibility of turning other solid normally insulating materials into room-temperature semiconductors.

"This phenomenon of trapping electrons and turning liquid cement into liquid metal was found recently, but not explained in detail until now," Benmore said. "Now that we know the conditions needed to create trapped electrons in materials we can develop and test other materials to find out if we can make them conduct electricity in this way."

The results were reported May 27 in the journal the Proceeding of the National Academy of Sciences in the article "Network topology for the formation of solvated electrons in binary CaOAl2O3 composition glasses".

The team of scientists studied mayenite, a component of alumina cement made of calcium and aluminum oxides. They melted it at temperatures of 2,000 degrees Celsius using an aerodynamic levitator with carbon dioxide laser beam heating. The material was processed in different atmospheres to control the way that oxygen bonds in the resulting glass. The levitator keeps the hot liquid from touching any container surfaces and forming crystals. This let the liquid cool into glassy state that can trap electrons in the way needed for electronic conduction. The levitation method was developed specifically for in-situ measurement at Argonne's Advanced Photon Source by a team led by Benmore.

The scientists discovered that the conductivity was created when the free electrons were "trapped" in the cage-like structures that form in the glass. The trapped of electrons provided a mechanism for conductivity similar to the mechanism that occurs in metals.

To uncover the details of this process, scientists combined several experimental techniques and analyzed them using a supercomputer. They confirmed the ideas in experiments using different X-ray techniques at Spring 8 in Japan combined with earlier measurements at the Intense Pulsed Neutron Source and the Advanced Photon Source.

###

Research was supported by the Ministry of Education, Culture, Sports, Science, and Technology of Japan, the Japan Science and Technology Agency, and the Academy of Finland.

The research team also included Richard Weber ?from Materials Development, Inc. and the APS; Jaakko Akola from Tampere University of Technology,? Aalto University ?and Forschungszentrum Jlich; Koji Ohara, Akihiko Fujiwara, Kiyofumi Nitta, and Tomoya Uruga ?from Japan Synchrotron Radiation Research Institute/SPring-8; Yasuhiro Watanabe and Atsunobu Masuno? from The University of Tokyo; Takeshi Usuki? from Yamagata University; and Takashi Kubo and Atsushi Nakahira ?from Osaka Prefecture University.

The Advanced Photon Source at Argonne National Laboratory is one of five national synchrotron radiation light sources supported by the U.S. Department of Energy's Office of Science to carry out applied and basic research to understand, predict, and ultimately control matter and energy at the electronic, atomic, and molecular levels, provide the foundations for new energy technologies, and support DOE missions in energy, environment, and national security. To learn more about the Office of Science X-ray user facilities, visit the Office of Science website.

Argonne National Laboratory seeks solutions to pressing national problems in science and technology. The nation's first national laboratory, Argonne conducts leading-edge basic and applied scientific research in virtually every scientific discipline. Argonne researchers work closely with researchers from hundreds of companies, universities, and federal, state and municipal agencies to help them solve their specific problems, advance America's scientific leadership and prepare the nation for a better future. With employees from more than 60 nations, Argonne is managed by UChicago Argonne, LLC for the U.S. Department of Energy's Office of Science.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


The formula for turning cement into metal [ Back to EurekAlert! ] Public release date: 27-May-2013
[ | E-mail | Share Share ]

Contact: Tona Kunz
tkunz@anl.gov
630-252-5560
DOE/Argonne National Laboratory

New material a boon for use in electronics and thin films

LEMONT, ILL. --- In a move that would make the Alchemists of King Arthur's time green with envy, scientists have unraveled the formula for turning liquid cement into liquid metal. This makes cement a semi-conductor and opens up its use in the profitable consumer electronics marketplace for thin films, protective coatings, and computer chips.

"This new material has lots of applications including as thin-film resistors used in liquid-crystal displays, basically the flat panel computer monitor that you are probably reading this from at the moment," said Chris Benmore, a physicist from the U.S. Department of Energy's (DOE) Argonne National Laboratory who worked with a team of scientists from Japan, Finland, and Germany to take the "magic" out of the cement-to-metal transformation. Benmore and Shinji Kohara from Japan Synchrotron Radiation Research Institute/SPring-8 led the research effort.

This change demonstrates a unique way to make metallic-glass material, which has positive attributes including better resistance to corrosion than traditional metal, less brittleness than traditional glass, conductivity, low energy loss in magnetic fields, and fluidity for ease of processing and molding. Previously only metals have been able to transition to a metallic-glass form. Cement does this by a process called electron trapping, a phenomena only previously seen in ammonia solutions. Understanding how cement joined this exclusive club opens the possibility of turning other solid normally insulating materials into room-temperature semiconductors.

"This phenomenon of trapping electrons and turning liquid cement into liquid metal was found recently, but not explained in detail until now," Benmore said. "Now that we know the conditions needed to create trapped electrons in materials we can develop and test other materials to find out if we can make them conduct electricity in this way."

The results were reported May 27 in the journal the Proceeding of the National Academy of Sciences in the article "Network topology for the formation of solvated electrons in binary CaOAl2O3 composition glasses".

The team of scientists studied mayenite, a component of alumina cement made of calcium and aluminum oxides. They melted it at temperatures of 2,000 degrees Celsius using an aerodynamic levitator with carbon dioxide laser beam heating. The material was processed in different atmospheres to control the way that oxygen bonds in the resulting glass. The levitator keeps the hot liquid from touching any container surfaces and forming crystals. This let the liquid cool into glassy state that can trap electrons in the way needed for electronic conduction. The levitation method was developed specifically for in-situ measurement at Argonne's Advanced Photon Source by a team led by Benmore.

The scientists discovered that the conductivity was created when the free electrons were "trapped" in the cage-like structures that form in the glass. The trapped of electrons provided a mechanism for conductivity similar to the mechanism that occurs in metals.

To uncover the details of this process, scientists combined several experimental techniques and analyzed them using a supercomputer. They confirmed the ideas in experiments using different X-ray techniques at Spring 8 in Japan combined with earlier measurements at the Intense Pulsed Neutron Source and the Advanced Photon Source.

###

Research was supported by the Ministry of Education, Culture, Sports, Science, and Technology of Japan, the Japan Science and Technology Agency, and the Academy of Finland.

The research team also included Richard Weber ?from Materials Development, Inc. and the APS; Jaakko Akola from Tampere University of Technology,? Aalto University ?and Forschungszentrum Jlich; Koji Ohara, Akihiko Fujiwara, Kiyofumi Nitta, and Tomoya Uruga ?from Japan Synchrotron Radiation Research Institute/SPring-8; Yasuhiro Watanabe and Atsunobu Masuno? from The University of Tokyo; Takeshi Usuki? from Yamagata University; and Takashi Kubo and Atsushi Nakahira ?from Osaka Prefecture University.

The Advanced Photon Source at Argonne National Laboratory is one of five national synchrotron radiation light sources supported by the U.S. Department of Energy's Office of Science to carry out applied and basic research to understand, predict, and ultimately control matter and energy at the electronic, atomic, and molecular levels, provide the foundations for new energy technologies, and support DOE missions in energy, environment, and national security. To learn more about the Office of Science X-ray user facilities, visit the Office of Science website.

Argonne National Laboratory seeks solutions to pressing national problems in science and technology. The nation's first national laboratory, Argonne conducts leading-edge basic and applied scientific research in virtually every scientific discipline. Argonne researchers work closely with researchers from hundreds of companies, universities, and federal, state and municipal agencies to help them solve their specific problems, advance America's scientific leadership and prepare the nation for a better future. With employees from more than 60 nations, Argonne is managed by UChicago Argonne, LLC for the U.S. Department of Energy's Office of Science.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Source: http://www.eurekalert.org/pub_releases/2013-05/dnl-tff052413.php

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Sunday, May 26, 2013

Dozens march in Ukraine's first-ever gay rally

KIEV, Ukraine (AP) ? At least 50 gay rights activists have marched peacefully in the country's first gay rally despite a court ban and attempts to disrupt the event.

Participants of the Saturday's rally in the Ukrainian capital, Kiev, held banners against discrimination and derogatory stereotypes of gays.

Riot police guarded the rally and prevented attempts by a dozen men to attack the activists.

While the recognition of gay rights advances in much of the West, antipathy toward homosexuals remains strong in Ukraine and other parts of the former Soviet Union.

Homosexuality was a criminal offense in the Soviet Union and societal resistance to it remains strong more than two decades later.

The highly influential Orthodox Church vehemently opposes gay rights.

Source: http://news.yahoo.com/dozens-march-ukraines-first-ever-gay-rally-100329485.html

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Saturday, May 25, 2013

5 Reasons I Switched to Scrivener for All My Writing | Michael Hyatt

As a full-time writer, I take my tools seriously. With a blog, a podcast, speeches, and a new book in the works, I have to maximize my productivity. I have a daily word count goal, and I can?t afford to let the tools get in the way.

5 Reasons I Switched to Scrivener for All My Writing

But, unfortunately, they often do. Until a month ago, I had nearly half a dozen word processors in my active tool kit:

  • I wrote my blog posts in ByWord and then transferred to MarsEdit for tagging and uploading.

  • I wrote the ?show prep? for my podcast and my speeches in OmniOutliner.

  • I wrote my e-books and other shorter documents in Pages. I wrote my books in Word.

Keeping the functionality of each tool straight was challenging. All I really wanted to do?and needed to do?was write.

Recently, I switched to Scrivener for everything. Though it?s advertised as a manuscript and script-writing tool, I found it works beautifully for all kinds of writing, from blog posts to podcast prep, from sales copy to speeches.

5 Reasons I Switched to Scrivener for All My Writing

I now begin every piece of content?no matter what it is?with this tool. It has simplified my life and enabled me to focus on the most important aspect of my job?creating new content. I am more productive than ever.

If you are a writer (or want to be) I would consider using Scrivener for five reasons:

  1. It provides a hierarchical file structure. Some people love to brainstorm with a mind mapping tool of some sort. The company that created Scrivener even offers one called Scapple. While I have used mind mapping from time to time, it is not my go-to method.

    I naturally think in outlines and lists. I need a tool that shows hierarchy, so the ideas and the sub ideas are readily apparent. I loved OmniOutliner for this reason. However, it was a single-purpose tool. I found it difficult to get content in and out of it.

    Scrivener solves this problem, because it provides just enough outlining functionality to keep me organized without becoming overpowering. Most of my workflow is now within this one tool.

  2. It has a distraction-free composition mode. When I am writing, I need to focus on the words and nothing else. I have tried OmmWriter, iAWriter, Byword, Ulysses III, and a dozen others. (Let?s be honest, trying new apps is a lot more fun than actually writing!)

    Scrivener?s composition mode is the best, distraction-free writing environment I have ever used. Period. It gives me a single column of text?and nothing else:

    5 Reasons I Switched to Scrivener for All My Writing

    If I mouse over the bottom of the screen, it gives me a ribbon of useful information (e.g., word count) and tools I might want to access in this mode:

    5 Reasons I Switched to Scrivener for All My Writing

    This, plus a good musical playlist, and I am in business.

  3. It was created with writers in mind. So many other document processors were written to accommodate as many writing needs as possible. Scrivener was written specifically for writers. Here is a partial list of features I find helpful:

    • A binder to keep related documents together and organized.

    • A variety of helpful views: document, cork board, and outline.

    • Statistic tools, like word counts, and the ability to set and track word count goals. (Did I mention I am goal-oriented?)

    • Ability to split the screen, so I can, for example, have footnotes, in the bottom half of the screen.

    • An inspector window where I can keep notes, track status, link to articles, or even create custom meta data:

    • 5 Reasons I Switched to Scrivener for All My Writing

    • Take ?snapshots? of documents, so I can rollback easily to previous versions.

    Other tools have some of these features. None of them are that revolutionary in themselves. But it is the presence of all of them together that makes me more productive.

  4. It supports multi-markdown. I have spent my entire career in book publishing. As a result, I love typography and book design. The only problem is I can spend too much time formatting my content rather than creating it.

    This is where multi-markdown has been a huge help to me. It is a method of writing that requires minimal formatting. For example, if I want to create a bulleted list, I just precede the item with an asterisk. If I want to create a numbered list, I precede it with a number. What could be easier?

    Unlike modern word processors, multi-markdown separates the content-creation phase from the formatting phase. Best of all, Scrivener understands multi-markdown and can translate it into whatever final output you want.

  5. It allows for a variety of export options. This is where Scrivener shines. It has the ability to export to nearly any format you can imagine.

    For example, I typically export my blog posts to HTML. I export my podcast show prep to multi-markdown, so my producer can create the show notes. I export my books to Word, so I can collaborate with my co-author or submit to my editor. I can even export directly to PDF, Kindle, ePub, or iBooks Author. The possibilities are seemingly endless.

By the way, last week I tweeted that I was using Scrivener for all my writing. Several of my followers asked why I was no longer using Evernote.

Actually, I am still using it?as much as ever. It is my digital brain. It is one of my three core productivity tools (the others being Nozbe and Google Calendar).

However, I am no longer using Evernote for writing. It?s not intended to be a word processor, and its writing functionality is minimal. If it works for you, great. I am now using Scrivener for this.

Honestly, I still feel I am a beginner when it comes to Scrivener. There is so much to learn. But that is not to say it is complex. You can become productive almost immediately, especially if you set it up the right way. (I?ll write more about that in a future post.)

If you haven?t tried Scrivener, you can download the trial version (also available for Windows) and give it a whirl. If you decide to buy it, you can get a 20 percent discount with my affiliate code: MICHAELHYATT.

Source: http://michaelhyatt.com/switched-to-scrivener.html

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Thursday, May 23, 2013

Exclusive: Bob Lutz, Chinese in bid to buy Fisker Automotive - sources

By Deepa Seetharaman

DETROIT (Reuters) - A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer this month to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter said.

VL Automotive and China's Wanxiang Group are looking to gain control of Fisker through a prepackaged bankruptcy. This comes alongside a separate push by investors in Europe and Hong Kong, including billionaire Richard Li, to buy out the U.S. Department of Energy's position in Fisker.

Sources cautioned that efforts to revive Fisker are ongoing and may fall apart. They spoke on a condition of anonymity because the talks are private.

Fisker, maker of the $100,000-plus Karma plug-in hybrid, has faced a barrage of negative news this year while it scrambles to find a buyer and preserve cash. Fisker hired bankruptcy advisers and fired most of its workforce this year.

The automaker, which has not built a car since July, is also struggling to repay its federal loan. Last month, Republican lawmakers grilled company co-founders Henrik Fisker and Barny Koehler over the automaker's finances.

Henrik Fisker left the automaker over "major disagreements" with the company's executive team in March. Since then he's been in touch with various investor groups to discuss a potential role for himself in car company should Fisker finds a new owner, sources said.

Fisker, Wanxiang, VL Automotive and the DOE were not immediately available for comment. Henrik Fisker declined to comment through a spokesman.

HALF OFF THE KARMA

Details of the bid from Wanxiang and VL Automotive were not immediately clear, but both companies have an interest in Fisker's survival.

Wanxiang bought Fisker's lithium-ion battery supplier, A123 Systems Inc, out of bankruptcy. This week, a judge approved the bankruptcy plan for A123, which changed its name to B456 Systems Inc.

At the Detroit auto show this year, VL Automotive showcased a car called the VL Destino, which combines the shell of a Fisker with the guts of a Chevrolet Corvette ZR1.

The company is a venture between Lutz and his partner, industrialist Gilbert Villarreal. They build the Destino, which will sell for around $180,000, in Auburn Hills, Michigan.

"I want Fisker to live and succeed, if only to ensure a continuing supply of Karma bodies for my and my parter's (sic) VL Destino, a de-electrified Karma with a Corvette drive train, for which there is brisk demand," Lutz said in a blog post posted on Forbes.com on April 26.

Any attempt to revive the company faces an uphill battle with future investors, dealers and consumers, said Donn Vickrey, an analyst with research firm Gradient Analytics. In some areas, the Karma prices have fallen by half.

"They're literally selling at something at 50 cents per dollar right now," Vickrey said. "That's a lot of confidence lost. I'm not sure how you get that back."

He added that it may be "more feasible" to fold Fisker's operations into another firm, rather than continue to operate the company as a standalone automaker.

BUYING OUT THE DOE

Henrik Fisker founded the company with Barny Koehler in 2007 and together they raised about $1.2 billion in private funds. In 2009, Fisker won a $529 million DOE loan in 2009 as part of a U.S. government program to promote advanced vehicles.

Fisker got $192 million in funds before the DOE froze Fisker's credit line in mid-2011 after Fisker missed key performance targets. The resulting cash crunch prompted Fisker to overhaul its management team and look for buyers.

The terms of the loan have been a source of friction between the DOE and Fisker. Prospective buyers have been unwilling to assume the obligations spelled out in the loans, sources close to the company have previously said.

Last year, Fisker tried to refinance the federal loans through a bond offering that did not gain traction, according to sources and internal DOE documents released last month during the congressional hearing. In April, the DOE seized $21 million from Fisker's coffers to repay a portion of the loan.

Investors from Europe are working with Hong Kong businessman Li, who is chairman and chief executive of the Pacific Century Group, to buy out the DOE's position in Fisker, most likely at a discount, sources said on Tuesday.

This measure would allow Fisker to wrest free of the loan's current obligations and allow the DOE to recover more than they might get in a bankruptcy. But this route may open the DOE to criticism and raises questions about Fisker's future strategy.

"That's not that uncommon in the financial circles," Vickrey said. "If you can settle that debt at discount and sell the assets to another automaker, it might make sense as an investment."

(Reporting by Deepa Seetharaman; Editing by Leslie Gevirtz)

Source: http://news.yahoo.com/exclusive-chinese-supplier-vl-automotive-bid-fisker-sources-174259627.html

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Tuesday, May 21, 2013

Oil price down to near $96 as traders wait for Fed

The price of oil fell to near $96 per barrel Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy.

By early afternoon in Europe, benchmark crude for June delivery was down 60 cents to $96.11 a barrel in electronic trading on the New York Mercantile Exchange. The contract gained 69 cents to close at $96.71 on Monday.

On Wednesday, Fed chairman Ben Bernanke will appear before Congress and the central bank will release minutes of its most recent policy meeting. Traders will be looking for hints on what the Fed might be preparing to do in light of recent data that has pointed toward a sustained economic recovery.

There is ongoing speculation that the Fed might want to scale back or modify its super-loose monetary policy and its massive, $85 billion-a-month program of bond purchases intended to keep interest rates low and prop up the recovery.

"We hear some testimony from Big Ben Bernanke this week and we can only think that he's going to stick to his mantra. Meaning that he's status quo; the economy is moving along well, we would like to see it move faster, but we're doing all we can," said Carl Larry of Oil Outlooks and Opinions in an email commentary.

Investors will also be monitoring fresh information on U.S. stockpiles of crude and refined products.

Data for the week ending May 17 is expected to show draws of 1.2 million barrels in crude oil stocks and of 200,000 barrels in gasoline stocks, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

The American Petroleum Institute will release its report on oil stocks later Tuesday, while the report from the Energy Department's Energy Information Administration ? the market benchmark ? will be out on Wednesday.

Brent crude, a benchmark for many international oil varieties, was down 76 cents to $104.04 a barrel on the ICE Futures exchange in London.

In other energy futures trading on Nymex:

? Wholesale gasoline fell 2.9 cents to $2.8634 a gallon.

? Heating oil lost 1.28 cents to $2.9283 a gallon.

? Natural gas added 3 cents to $4.12 per 1,000 cubic feet.

___

Pamela Sampson in Bangkok contributed to this report.

Source: http://news.yahoo.com/oil-price-down-near-96-traders-wait-fed-120752087.html

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Friday, May 17, 2013

The Most Impressive Lego Terminator Arm You've Ever Seen

Skynet comes across as a resourceful artificial intelligence. After all, if it's clever enough to send someone back in time to wipe out an enemy before they're born, it's not hard to believe it could see the potential in Lego Technic when it comes to building an army. Particularly when we've just shown it how.

A Polish Lego savant who goes by piotrek839 on the LUGPol forums created this life-size Terminator arm that's powered by twelve separate Lego Technic motors and some of the most complex engineering and gearing we've ever seen. Because of the limited speeds of the Technic motors the arm moves very, very slowly, but it's incredibly articulate, particularly how the hand seems to perfectly replicate the range of motion on a human wrist. If things get out of hand here, stepping on a small plastic brick in bare feet could be the least of mankind's worries.

[LUGPol via Make]

Source: http://gizmodo.com/the-most-impressive-lego-terminator-arm-youve-ever-see-507695516

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Wow, This is Pretty Epic (talking-points-memo)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories News, RSS and RSS Feed via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/306332548?client_source=feed&format=rss

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Sunday, May 12, 2013

Calif. homes sinking in mysterious 'slow motion disaster'

Calif. homes sinking: Eight Calif. homes are now abandoned and 10 more are sinking and under notice of imminent evacuation. The postman has been told to stop mail delivery: It's too dangerous.

By Tracie Cone,?Associated Press / May 11, 2013

The wreckage of the Tudor-style dream home of Robin and Scott Spivey who were forced to abandon after the ground gave way causing it to drop 10 feet below the street in Lakeport, Calif.

(AP Photo/Rich Pedroncelli)

Enlarge

Scott and Robin Spivey had a sinking feeling that something was wrong with their home when cracks began snaking across their walls in March.

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The cracks soon turned into gaping fractures, and within two weeks their 600-square-foot garage broke from the house and the entire property ? manicured lawn and all ? dropped 10 feet below the street.

It wasn't long before the houses on both sides collapsed as the ground gave way in the Spivey's neighborhood in Lake County, about 100 miles north of San Francisco.

"We want to know what is going on here," said Scott Spivey, a former city building inspector who had lived in his four-bedroom, Tudor-style dream home for 11 years.

Eight homes are now abandoned and 10 more are under notice of imminent evacuation as a hilltop with sweeping vistas of Clear Lake and the Mount Konocti volcano swallows the subdivision built 30 years ago.

The situation has gotten so bad that mail delivery was ended to keep carriers out of danger.

"It's a slow-motion disaster," said Randall Fitzgerald, a writer who bought his home in the Lakeside Heights project a year ago.

Unlike sinkholes of Florida that can gobble homes in an instant, this collapse in hilly volcanic country can move many feet on one day and just a fraction of an inch the next.

Officials believe water that has bubbled to the surface is playing a role in the destruction. But nobody can explain why suddenly there is plentiful water atop the hill in a county with groundwater shortages.

"That's the big question," said Scott De Leon, county public works director. "We have a dormant volcano, and I'm certain a lot of things that happen here (in Lake County) are a result of that, but we don't know about this."

Other development on similar soil in the county is stable, county officials said.

While some of the subdivision movement is occurring on shallow fill, De Leon said a geologist has warned that the ground could be compromised down to bedrock 25 feet below and that cracks recently appeared in roads well beyond the fill.

"Considering this is a low rainfall year and the fact it's letting go now after all of these years, and the magnitude that it's letting go, well it's pretty monumental," De Leon said.

County officials have inspected the original plans for the project and say it was developed by a reputable engineering firm then signed off on by the public works director at the time.

"I can only presume that they were checked prior to approval," De Leon said.

The sinkage has prompted county crews to redirect the subdivision's sewage 300 feet through an overland pipe as manholes in the 10-acre development collapsed.

Consultant Tom Ruppenthal found two small leaks in the county sewage system that he said weren't big enough to account for the amount of water that is flowing along infrastructure pipes and underground fissures, but they could be contributing to another source.

"It's very common for groundwater to shift its course," said Ruppenthal of Utility Services Associates in Seattle. "I think the groundwater has shifted."

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/MXOfwB-15Gk/Calif.-homes-sinking-in-mysterious-slow-motion-disaster

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Motorola XT1058 lands at the FCC, looks like the mystery XFON

Motorola XT1058

Could the XT1058 be the XFON we're all waiting to see? This sketch of the rear from the FCC makes us think so.

About a week ago, we got a fairly decent look at an AT&T branded phone from Motorola, labeled the XFON. It certainly resembles an earlier leak from Vietnam, but there was no information to go along with the pictures. Zero. Zilch. Nada.

That might have changed this evening, as the Motorola XT1058 has landed at the FCC, and a quick breeze through the documents tells us a little about what we're looking at. The phone will have Bluetooth 4.0, NFC capabilities, 802.11ac Wifi, and carriers AT&T's LTE bands. It doesn't take much imagination to connect this with the AT&T XFON we saw last week.

Other than what you're reading above, we don't know anything about this one. The timing is certainly convenient for a showing at Google I/O, but nobody can know exactly when -- or if -- we'll see this one. My gut tells me it's soon, though, and it's high time Motorola delivered another high-end GSM Android phone. If this is to debut at Google I/O, we should know in a few short days.

Source: FCC; via: Phone Scoop

    


Source: http://feedproxy.google.com/~r/androidcentral/~3/mSgGClpx5no/story01.htm

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Nations agree to new chemical ban, export controls

GENEVA (AP) ? A summit on chemicals and hazardous wastes ended Friday with an agreement to globally phase out a widely used flame retardant and to accept stricter requirements for disclosing information about exports of four other chemicals.

But participants fell short in their efforts to require more information and consent among nations trading in a construction material, Chrysotile asbestos, and a formulation of the powerful herbicide, Paraquat, despite support from most of the 169 nations represented at the two-week U.N. summit.

Officials in charge of three key international treaties said delegates agreed by consensus to a gradual phase out of the flame retardant hexabromocyclododecane, or HBCD, which is used in building insulation, furniture, vehicles and electronics. The phase out would begin a little more than a year from now, but there also would be specific exemptions for five years on some construction uses in buildings.

The chemical will be added to the Stockholm Convention, which now regulates 22 toxic substances such as DDT and PCBs. The treaty takes aim at chemicals that can travel long distances in the environment and don't break down easily.

Delegates also agreed to tougher controls on disclosure of information about exports of an insecticide, Azinphos-methyl; two flame retardants, PentaBDE and OctaBDE; and a fabric protector, PFOS. But efforts to include two other substances ? Chrysotile asbestos and Paraquat ? were blocked by a few nations. Those actions fell under the Rotterdam Convention, which regulates information about the export and import of 43 hazardous chemicals.

Some 1,885 delegates and observers participated in the first joint meeting of the Basel, Rotterdam and Stockholm Conventions that govern chemicals and hazardous waste and are each headquartered in Geneva. The conference culminated in a high-level meeting among about 80 ministers.

The Basel Convention regulates the export and import of hazardous waste.

Source: http://news.yahoo.com/nations-agree-chemical-ban-export-controls-122909699.html

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Saturday, May 11, 2013

Internet Marketing Strategies for Your Online Business Needs - How ...

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Source: http://www.levelonenetwork.com/ucla00555/how-to-make-money-off-a-blog-professor-bob-boyd-talks-about-the-importance-of-using-video-marketing-part-2/

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Lansing's mayor wants a third term

Lansing Mayor Virg Bernero says he wants four more years in office. He formally announced his campaign today.?

?I?m telling you folks ? Lansing is on the verge,? the partisan crowd groaned, and then laughed, as Virg Bernero joked at his campaign kickoff.

He?s spent the past eight years as Lansing?s mayor. During that time, the city?s budget has shrunk as property taxes have dwindled.?But Bernero says the capitol city?s economy is now rebounding from years of recession. The mayor highlighted recent announcements of expansions at General Motors and Jackson National Life Insurance.

?Just in my time as mayor, we?ve leveraged now a billion dollars of new investment. Ten thousand jobs in Lansing,? Bernero told the crowd at his campaign headquarters.

So far, Bernero faces little opposition to his bid for a third term as Lansing?s mayor.

If reelected, Bernero says, during the next four years, he wants to see a casino built in downtown Lansing.

?That?s going to put the icing on the cake in downtown Lansing ? and continue to build downtown Lansing ? as the cash register ? the economic hub ? for the entire region and especially the city,? Bernero says.

A federal judge has blocked the casino project. The judge found the project violates federal law and a state Indian gaming compact.?The Upper Peninsula tribe behind the casino project is appealing the injunction.

Source: http://michiganradio.org/post/lansings-mayor-wants-third-term

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UAE's RAKBANK says no customers lost from cyber fraud

DUBAI (Reuters) - National Bank of Ras Al Khaimah (RAKBANK) said on Friday that none of its customers had lost any money as a result of a cyber fraud which resulted in a loss at the Gulf bank in 2012.

The bank's chief executive, Graham Honeybill, said in a statement: "We are given to understand that the overall fraud encompassed a number of banks not only in the Middle East but in the USA and other countries".

A global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from ATMs in 27 countries, U.S. prosecutors said on Thursday.

Honeybill said the incident concerning RAKBANK related to events in December 2012 and involved the bank's service provider in India. The bank did not name the service provider or give any further detail.

The amount of the potential loss was 17.4 million UAE dirhams ($4.74 million) and this was fully provided for before RAKBANK closed its 2012 accounts, Honeybill said.

"The Bank can confirm that none of its customers suffered any financial loss as a result of this fraud," Honeybill added. ($1 = 3.6730 UAE dirhams)

(Reporting by Andrew Torchia; Writing by Alexander Smith; Editing by Matthew Tostevin)

Source: http://news.yahoo.com/uaes-rakbank-says-no-customers-lost-cyber-fraud-130356266.html

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Friday, May 10, 2013

Sony's 2012 earnings show a net profit of $458 million, its first since 2008

We've already heard from Sony about the positive effects some of its recent moves like the sales of several of its buildings are having on its finances, and now the company is revealing its detailed results for the last year. Sony has managed a net profit of 43 billion yen ($458 million) in 2012, its first in several years and a good sign after it projected such optimism in last year's results. The most anticipated news is what it projects for 2013, a year where CEO Kaz Hirai has promised better integration between its products and of course, the PlayStation 4. Sony's forecast projects sharply improved sales next year, however it expects the operating income to remain flat with a net profit of 50 billion yen ($506 million).

For the year, its TV sales were down 38 percent, reflecting the same drop in the market reported by competitors like Samsung and LG, as well as Sony's cutbacks to reduce its losses. In phones, the newly-consolidated Sony Mobile experienced an increase in sales thanks to the shift to smartphones, however the cost of its inclusion cause the division to lose money. Next year, it's anticipating sales of 42 million smartphones, up from 33 million. In the games division, Sony had a decrease in sales for the PS3, PSP and PS Vita of 12.2 percent from last year, although of course it's counting on the PS4 to turn that around. There aren't any numbers listed for next-gen, but it's expecting sales of PS3 hardware to drop to 10 million units from 16.5 million (including the PS2) the year before. We'll have to wait for the earnings call later this morning to hear more of the company's future projections, for now you can check the links below for the full details on its results.

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Comments

Source: Sony (PDF), Q4 2012 Slides

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/RAR5mVxmWIA/

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Hope can be painful for families of missing kids

Gina DeJesus gives a thumbs-up as she is escorted toward her home Wednesday, May 8, 2013, in Cleveland. The three women held captive for about a decade at a run-down Cleveland house were apparently bound with ropes and chains, police said Wednesday, while charges were expected by the end of the day against the three brothers under arrest. (AP Photo/Tony Dejak)

Gina DeJesus gives a thumbs-up as she is escorted toward her home Wednesday, May 8, 2013, in Cleveland. The three women held captive for about a decade at a run-down Cleveland house were apparently bound with ropes and chains, police said Wednesday, while charges were expected by the end of the day against the three brothers under arrest. (AP Photo/Tony Dejak)

Pastor Larry Harris, center, leads a prayer vigil near the home where three women held captive for a decade, in Cleveland, Ohio, Wednesday, May 8, 2013. Charges were expected by the end of the day against the owner of the house where the women were discovered, Ariel Castro, 52, and brothers Onil, 50, and Pedro, 54. (AP Photo/David Duprey)

FILE - In this Tuesday, May 7, 2013 file photo, Jaycee Dugard, right, and her mother Terry Probyn appear with their Hope Award at the National Center for Missing and Exploited Children annual Hope Awards in Washington. Dugard, who was missing for more than 18 years before being rescued, urged the audience not to give up on missing children. (AP Photo/Cliff Owen, File)

(AP) ? The miraculous rescue of three missing women has given hope to many families whose loved ones have vanished. Yet hope, when searching for a long-lost child, can be a dangerous thing.

Thousands of children are missing across the country. The longer they are gone, the smaller the chances they will be found alive. So when three women who had been missing for a decade or more emerged from the house where they had been held captive, it provided an extraordinarily rare happy ending.

"I would definitely say it was a miracle," said Kelly Murphy, who founded Project Jason after her own son vanished to help other such families.

Murphy had worked with two of the Cleveland families while their daughters were missing. After they were found, she heard from many others who are still searching.

"The general response is that it gives us all hope," Murphy said. "I'm in the situation too, with my son almost missing for 12 years without a trace and without clues. It definitely gives us hope that there is a chance. If it happened to those girls, it can happen to us."

"To have hope helps you get through each day, hope that there's a good answer instead of the answer that nobody wants. It just helps you keep going, because it's very difficult to have to live with ambiguous loss."

But how much does it help to hope for a miracle, which by definition is almost impossible?

Some, like Murphy, need to keep that spark alive, however small. Others, like Jody Himebaugh, need to protect their emotions.

Himebaugh knows about what happened in Cleveland, but has avoided the details. His son Mark disappeared in 1991, at age 11.

"Every time I watch this kind of stuff, it rekindles the last 23 years," he said. "All it does, it just gives us hope again."

For Himebaugh, hope hurts. Whether hope is more painful than saying a permanent goodbye ? that's impossible to figure.

"For the past 23 years, I've been happy for the families over that time who have recovered their kids, dead or alive," he said. "At least they've got closure. My biggest fear is I'm going to go to my grave and never know what happened to Mark, and why."

The flip side of that fear is hope ? and the loved ones of the missing hold tight to every glimmer. Advocates and others often speak of persistence, of keeping missing children's images in the public eye, of always working to make sure the public stays alert for the one tiny detail that could end a family's agony.

"What an amazing time to be talking about hope, with everything that's happening," Jaycee Dugard, who was missing for more than 18 years before being rescued, said this week at an awards ceremony where she urged the audience not to give up on missing children.

In Cleveland, several religious leaders spoke on that theme Wednesday. Catholic Bishop Richard Lennon posted a video message urging viewers to pray that missing people "may have the strength of the virtue of hope and that their families also may never give up hope."

After a prayer gathering on the block where the women were found, pastor Larry Harris of Mount Olive Missionary Baptist Church said, "There's a hope that many, many more will be coming back home."

On the block where the three women were found, Tonia Adkins was wearing a T-shirt printed with the face of her missing sister, Christina Adkins. Cristina vanished in 1995 at age 17, four blocks from the house where the women were held captive.

The arrests of three brothers has given the Adkins family hope for Christina, but has also stoked the dread that has been part of their lives for 18 years.

"I do believe that they're gonna break open some cases," Tonia Adkins said. "I'm scared that I'm gonna get the news that my sister's not alive."

The space between hope and resignation is a difficult place.

"It's an absolutely terrible predicament to be in. I can't imagine what families go through wondering ? just the lack of knowing," said Bob Hoever, director of special programs with the National Center for Missing and Exploited Children.

He recommends hope, and sees this as the powerful lesson of the Cleveland case.

"I believe this is a tremendous boost to families giving them hope, that we should never give up looking for their children," Hoever said. "The National Center never stops looking for a missing child. As long as they're missing, we will continue looking."

But Sherry Hamby, a psychology professor at Sewanee: The University of the South who studies the victimization of children, said some families can become frozen in time at the point their child disappeared.

"At some point, after so many years have gone by, there's a lot to be said for closure," Hamby said. "It's just not a natural state of being for humans to be frozen in this time, waiting. We can't stay in that kind of limbo forever."

The most difficult decisions, Hamby said, can involve what seem like mundane details.

"Are you going to pack up that child's things? Are you going to convert that room to another use?" she said. "I think the need for psychological closure just is necessary because of the concrete limitations that we are facing. It's just hard to go through life trying to not make any changes."

Murphy, of Project Jason, knows families who have chosen to believe their missing child is dead, and she does not begrudge them that choice.

But Murphy holds onto hope, "because it keeps us focused on the future."

"It's just unfortunate that in our case," she said, "we don't know what the future holds."

___

Online:

Project Jason: http://www.projectjason.org.

National Center for Missing and Exploited Children: http://www.missingkids.org.

___

Associated Press writers Meghan Barr in Cleveland and Kantele Franko in Columbus, Ohio, contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-05-09-Missing%20Women%20Found-Hope/id-a1aa1198ce4441d28162542597e59c86

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Why Syria's Response On The Internet Outage Is Complete BS

images (42)The Syrian government claims it's working to repair yesterday's widespread Internet blackout. State-run media are reporting that a "fault in optical fibre cables" disconnected the beleaguered Middle-Eastern nation from the rest of the digital world. But, multiple experts are calling the oppressive regime on its BS. Michelle Zatlyn of security firm, Cloudflare, which identified Syria's blackout yesterday, tells Techcrunch in an email that the incident is "almost certainly intentional. It is unlikely to be an accident."

Source: http://feedproxy.google.com/~r/Techcrunch/~3/R3Lv1wzCeeI/

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Hackers steal $45M from ATMs in just hours

NEW YORK (AP) ? A worldwide gang of criminals stole a total of $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday ? and outmoded U.S. card technology may be partly to blame.

Seven people are under arrest in the U.S. in connection with the case, which prosecutors said involved thousands of thefts from ATMs using bogus magnetic swipe cards carrying information from Middle Eastern banks. The fraudsters moved with astounding speed to loot financial institutions around the world, working in cells including one in New York, Brooklyn U.S. Attorney Loretta Lynch said.

She called it "a massive 21st-century bank heist" carried out by brazen thieves.

One of the suspects was caught on surveillance cameras, his backpack increasingly loaded down with cash, authorities said. Others took photos of themselves with giant wads of bills as they made their way up and down Manhattan.

Here's how it worked:

Hackers got into bank databases, eliminated withdrawal limits on pre-paid debit cards and created access codes. Others loaded that data onto any plastic card with a magnetic stripe ? an old hotel key card or an expired credit card worked fine as long as it carried the account data and correct access codes.

A network of operatives then fanned out to rapidly withdraw money in multiple cities, authorities said. The cells would take a cut of the money, then launder it through expensive purchases or ship it wholesale to the global ringleaders. Lynch didn't say where they were located.

It appears no individuals lost money. The thieves plundered funds held by the banks that back up prepaid credit cards, not individual or business accounts, Lynch said.

She called it a "virtual criminal flash mob," and a security analyst said it was the biggest ATM fraud case she had heard of.

There were two separate attacks, one in December that reaped $5 million worldwide and one in February that snared about $40 million in 10 hours with about 36,000 transactions. The scheme involved attacks on two banks, Rakbank in the United Arab Emirates and the Bank of Muscat in Oman, prosecutors said.

The plundered ATMs were in Japan, Russia, Romania, Egypt, Colombia, Britain, Sri Lanka, Canada and several other countries, and law enforcement agencies from more than a dozen nations were involved in the investigation, U.S. prosecutors said.

The accused ringleader in the U.S. cell, Alberto Yusi Lajud-Pena, was reportedly killed in the Dominican Republic late last month, prosecutors said. More investigations continue and other arrests have been made in other countries, but prosecutors did not have details.

An indictment unsealed Thursday accused Lajud-Pena and the other seven New York suspects of withdrawing $2.8 million in cash from hacked accounts in less than a day.

Such ATM fraud schemes are not uncommon, but the $45 million stolen in this one was at least double the amount involved in previously known cases, said Avivah Litan, an analyst who covers security issues for Gartner Inc.

Middle Eastern banks and payment processors are "a bit behind" on security and screening technologies that are supposed to prevent this kind of fraud, but it happens around the world, she said.

"It's a really easy way to turn digits into cash," Litan said.

Some of the fault lies with the ubiquitous magnetic strips on the back of the cards. The rest of the world has largely abandoned cards with magnetic strips in favor of ones with built-in chips that are nearly impossible to copy. But because U.S. banks and merchants have stuck to cards with magnetic strips, they are still accepted around the world.

Lynch would not say who masterminded the attacks globally, who the hackers are or where they were located, citing an ongoing investigation.

The New York suspects were U.S. citizens originally from the Dominican Republic, lived in the New York City suburb orf Yonkers and were mostly in their 20s. Lynch said they all knew one another and were recruited together, as were cells in other countries. They were charged with conspiracy and money laundering. If convicted, they face 10 years in prison.

Arrests began in March.

Lajud-Pena was found dead with a suitcase full of about $100,000 in cash, and the investigation into his death is continuing separately. Dominican officials said they arrested a man in the killing who said it was a botched robbery, and two other suspects were on the lam.

The first federal study of ATM fraud was 30 years ago, when the use of computers in the financial community was growing rapidly. At the time, the Bureau of Justice Statistics found nationwide ATM bank loss from fraud ranged from $70 and $100 million a year.

By 2008, that had risen to about $1 billion a year, said Ken Pickering, who works in security intelligence at CORE Security, a white-hat hacking firm that offers security to businesses.

He said he expects news of the latest ring to inspire other criminals.

"Once you see a large attack like this, that they made off with $45 million, that's going to wake up the cybercrime community," he said.

"Ripping off cash, you don't get that back," he said. "There are suitcases full of cash floating around now, and that's just gone."

___

AP Technology Writer Peter Svensson in New York, AP National Writer Martha Mendoza in San Jose, Calif., and Associated Press writer Ezequiel Abi? L?pez in Santo Domingo, Dominican Republic, contributed to this report.

Source: http://news.yahoo.com/feds-nyc-hackers-stole-45m-atm-card-breach-155109500.html

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