Girl burnt alive for resisting molestation bid in U.P.

first_imgAn eighteen-year-old girl was allegedly burnt alive in Ganeshpur area of Bareilly town in Uttar Pradesh on Monday. The victim succumbed to her injuries at a district hospital on Monday night.According to the girl’s father Noniram, his neighbour Hariom had allegedly eve-teased his daughter on Sunday. His daughter had complained about the eve-teasing to Mr. Hariom’s sister Lakshmi.Mr. Hariom barged into the house on Monday during his absence and tried to rape his daughter, Mr. Noniram said. When his daughter resisted it, Mr. Hariom allegedly poured kerosene, set her on fire and fled from the scene. The victim was immediately rushed to a local hospital. As she suffered from over 90% burns, she succumbed to her injuries late Monday night. The local police had filed a case on the basis of Mr. Noniram’s complaint.last_img read more

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BJP fights a tough battle in Panaji by-poll to retain the seat after 25 years

first_imgAfter 25 years of continous dominance over the Panaji assembly constituency, the Bharatiya Janata Party sans Manohar Parrikar is fighting a tough battle on Sunday to retain its winning streak. One of the highlights of the Panaji by-poll is that Goa election authorities have tried to make the polling infrastructure 100% accessible, by getting the stakeholders into confidence over accessibility audit and a tie-up with EazyMov taxi operators to help persons with disability(PswD) voters to cast their votes smoothly. One of the 19 booths of the constituency would be entirely managed by PswD. Panaji has 115 such voters.The stakes are high for the BJP as far as the by-election to four assembly seats, including Panaji, holds the key to the survival of the BJP-led coalition government headed by Pramod Sawant ho succeeded Parrikar after his death on March 17. At present, the government has a thin majority of 20 in the truncated House of 36.In addition to this, BJP has been facing internal bickerings after it denied ticket to Parrikar’s elder son Utpal after allowing him to be projected as a front-runner for the Panaji ticket. The chances of a win for BJP candidate Siddarth Kuncaliekar, a former aide of Parrikar and two-time MLA (while Parrikar was away in Delhi in 2014-17 as Defence Minister) in Panaji hinge on the vote-splitting ability of former Goa RSS chief Subhash Velingkar, who is in the fray on Goa Suraksha Manch ticket. The regional outfit was floated and mentored by Mr. Velingkar after he was sacked as RSS chief in Goa following his fallout with Parrikar over the issue of medium of instruction at the primary school level. As the election campaign came to an end on Friday evening, both Congress and BJP said that they are confident of winning. CM Sawant dismissed claims made by the Congress about ousting his government soon.“Congress should not dream of forming a government. The dream will never be fulfilled. Our alliance and independent MLAs are all together. There is no question of the government falling,” Mr. Sawant said on Friday. Three assembly by-polls for the constituencies of Shiroda, Mapusa and Mandrem had been held on April 23.Both BJP and the Congress are currently tied with 14 MLAs each in the State legislative assembly.Meanwhile, Congress said that BJP would lose the by-polls 4-0, leading to the ouster of Mr. Sawant’s government. “The BJP will have to bid goodbye to its government after results are declared. The people are tired of their lies and misgovernance,” State Congress president Girish Chodankar said. The others in the fray include Aam Aadmi Party’s Valmiki Naik, who can play spoilsport for the Congress. Knowing the importance of the Panaji by-poll for his government, Mr. Sawant has virtually camped there for last several days and tried to undo the damage done to the party over the Utpal Parrikar-ticket issue. Mr. Utpal and his younger brother Mr. Abhijat too had joined the campaign. The month-long campaign was also marked with controversies which included a rape victim (who had accused Atanasio Monserrate, now the Congress candidate for the Panaji by-poll in 2016 when she was a minor) going missing and a mysterious assault on the BJP candidate Kuncalienkar. The campaign also saw the Congress attack Mr. Kuncalienkar, accusing of him of alleged scams in creating infrastructure for the Smart City project in Panaji, a charge which the BJP candidate has denied. Panaji has total voters of 22,485 — 10,698 male and 11,787 female. The constituency has seen a voting average of 60-70%, except during 2012 Assembly election. In 2012, Parrikar, who won the seat for six terms, won with a record victory margin of 6,000. The voting was a record of 78.85%.In the 2017 by-poll, Parrikar had defeated his Congress rival Girish Chodankar by 4,803 votes. Parrikar had won 63.47% of the total votes polled, while his opponent polled 32.56%.last_img read more

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It was important for me to win a Super Series title: PV Sindhu

first_imgEcstatic after clinching her maiden Super Series premier title at China Open today, Olympic silver medallist P V Sindhu said she was left speechless with emotions as she has finally realised a long-time dream.The 21-year-old Sindhu registered a hard-fought 21-11, 17-21, 21-11 victory over China’s Sun Yu to clinch the China Open, just months after becoming the first Indian woman to win a silver at Olympic Games in Rio in August this year. (Also read: PV Sindhu wins China Open for her maiden Super Series title)”It has been a dream for a long time to win a super series. After the Olympics, everyone was asking me what is next? It was important for me to get a super series title. Life changed a lot after the Olympics. People thought I will take a long time to get back. But I worked hard,” Sindhu said.”This is my first super series title and I am very happy, I have no words to express. Last time I played Denmark final,” she added.Talking about the tournament and today’s match, Sindhu said: “I played well. It is a great day for me. I just thought i can give my best, because I practiced hard. I was quite confident. From the first round it was tough.”The first game was very easy. I am playing her after two and a half years, she is also tall like me and we both are attacking players. I lost the second game and in the third I started well and from 11-7, I maintained the lead.”advertisementLondon bronze medallist Saina Nehwal and K Srikanth had won the China Open in 2014 and Sindhu said she was happy to emulate the former world No. 1.”I did what Saina did in 2014 and I am very happy.”Talking about her semifinal clash with Korea’s Sung Ji Hyun, Sindhu said: “It was such a tough match, one of my best wins. There were such long rallies. I was so far down in the second, but I could come back. I thought let me just play and see. I had made so many errors. There were so many rallies, each point was a rally. She didn’t leave anything. I wasn’t tired. Even though we played long rallies, we had breaks in between. Neither of us was leaving the shuttle. My jump smashes worked in the end.”last_img read more

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French Open: I am playing my best tennis, says Rohan Bopanna

first_imgRohan Bopanna says he is playing the “best tennis” of his career after he achieved a personal goal of winning a Grand Slam title.The Indian asserted that he has matured as a player, who knows how to negotiate pressure situations.”There is a huge difference what I used to be as a player. I have played close played close matches over the years. I was not so nervous today as compared to 2010 (US Open final). Over the years it has helped me to adapt (quickly) to surfaces. Last two years I have been enjoying a lot playing on clay,” Bopanna said.”I have started to control the points better. I am playing my best tennis. I have matured over the years. I know how to handle those situations better. I have lost close matches, the Wimbledon semis, played the Masters series consistently. There were no nerves and that was a big difference,” he said.Bopanna won his first ever Major title with Gabriela Dabrowski, who became the first Canadian woman to win a Grand Slam trophy.The last time the Coorgy came to close to a Major title was in 2010 when he played the US Open final but had lost to Bryan brothers with Aisam-ul-haq Qureshi.Bopanna and his partner today saved two match points in the Match tie-breaker.It took Bopanna 14 years to realise his dream of winning a Grand Slam trophy after turning a Pro and he said it will take some time to realise what he has done.advertisement”I had fantastic past two weeks. It’s still sinking in.Maybe when I will be in flight tomorrow, it will sink in.”Asked if this win erases all regrets over getting close to Grand Slam title twice but not winning and also not winning an Olympic medal in Rio, where he and Sania Mirza were a set away from the bronze.”There was never ever any regret. Past is past, it can’t be changed. The only way to look is look forward and present,” he said.Bopanna said he made adjustments to his game and altered his style to get success on clay, the most demanding surface of all.”I have been working hard, doing the right things. On clay, I changed the way I play. I was serving and staying back and not just doing serve and volley. Practising with Pablo Cuevas also helped me get better,” the 37-year-old said.Recalling the crunch moments of the match when they were down by two match points, he said, “I kept telling my partner that we have to keep it in play and she came up with unbelievable return off Robert.”It’s a big bog moment for us, more than special. It was a personal goal for me to win a Grand Slam. It’s proud moment more than relief.last_img read more

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Jerry Springer And Sharon Osbourne To Attend Babes For Boobs Event

first_imgLooking for love this Valentine’s Day? How about a date with one of LA’s finest bachelors! Twelve mega-successful Angeleno men are offering a chance to win a dinner date with them, at the BABES FOR BOOBS live bachelor auction.Even better, all proceeds from the live auction portion of the event will benefit the Los Angeles County Affiliate of Susan G. Komen for the Cure, whose promise is to save lives and end breast cancer forever.Jerry Springer is set to host this event, with special guest Sharon Osbourne, and official MC Michael Yo.All Babes For Boobs guests will enjoy a complimentary beverage and amazing tunes by DJ Bossa Nova. VIP ticket holders will have the opportunity to meet the bachelors and enjoy delicious appetizers.Dress to impress! And, don’t forget to bring a major credit card to bid on your man!WHEN: Thursday, February 6WHERE:El Rey Theatre, 5515 Wilshire Blvd, Los Angeles, CA 90036Event Timeline & Auction Details • 7:00 PM to 8:00 PM — VIP reception with bachelors • 7:00 PM to 9:00 PM — General admission • 9:00 PM to 10:00 PM — Live bachelor auction • 10:00 PM — Event concludesEvent details and bachelor profiles are listed at www.BabesForBoobs.com.last_img read more

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INTERVIEW WITH SUE ENBERG – DIRECTOR OF IN JESUS NAME – REELWORLD

first_imgWhat were the greatest challanges you faced during the film?The greatest challenge I have faced as a single parent and student filmmaker has been financial. I was turned down for every legitimate form of arts council funding for the film due to my status as a student. The majority of funding for the film has been paid out of my OSAP and OGS (Ontario Graduate Scholarship) funding with one major exception. The office of the former president of Ryerson University, Sheldon Levy, came through with $10,000 for travel funding, permitting my crew and I to travel to the fly-in community of Fort Albany First Nation in August of 2015, a trip that cost about $16,000 in total. We also received some minor donations to assist with production. So, I have somehow managed to pay all of the crew with the exception of myself, Edmund Metatawabin, and our Executive Producer Tim Wolochatiuk, and have managed to cover post-production expenses as well. Our total commitment to getting the word out about the horrific treatment of children at St. Anne’s has propelled us forward despite lack of financial means.Our Executive Producer, Tim Wolochatiuk, really propelled me to keep moving forward with this film despite the incredible financial weight I was personally carrying. I think he is the only member of our crew that I cried in front of (tearful phone conversation one day, when I was at the breaking point). He reminded me that “filmmaking is very expensive,” especially if you want to produce a powerful film that will reach people. His nudge has brought the film to the point that it is now. What are your top 3 favourite films of all time?My three favourite films of all time are: The Atomic Café, Avatar and Thin Blue Line. Advertisement If you could reshoot any film made in the past 20 years, which one would you choose and how would you change it?I think if there is one film that needs to be re-shot or parodied it is Of the North. This ‘documentary’ montage by Dominic Gagnon is so insulting, not only to the Inuit people, but to Canada’s Indigenous communities as a whole. I have often thought that I would like to do a film that would wholly contest and de-construct Gagnon’s negative portrayals of the Inuit people. What’s the best advice you could give someone new to filmmaking?My best advice to someone new to documentary filmmaking is to excavate deeply (research a ton), show great respect those who are sharing their stories, be cautious in your interviewing methods so as to minimize harm, and adopt tenacity as your highest professional objective. If the story that needs to be told is important, never give up. Facebook Login/Register With: What are you working on next?Edmund and I are now co-producing the sequel film that will shed further light on systemic and systematic child abuse at St. Anne’s. This film which will focus far more heavily on obstruction of justice by the Canadian government (and possibly the Catholic diocese), and how the amorality of politics is re-traumatizing St. Anne’s survivors, many of whom are in their seventies and eighties. Advertisement Who are your mentors? (and why)I have many mentors. The St. Anne’s survivors who have shown immeasurable courage and strength. Grandmother (Elder) Pauline Shirt for guiding my feet all along the way. My first professor at the University of Toronto, now the Vice-principal and Registrar at U of T’s Woodsworth College, Cheryl Shook. She really helped me to understand that my perspectives on human rights should be shared with the world. Lise MacRae, my boss when I worked at CHUM Television. She put a lot of faith in my abilities as a middle-manager as a human being more generally. My graduate advisors at Ryerson University – Ed Slopek, Elida Schogt, and Gerda Cammaer – all of whom helped to guide my feet in the production of this film. And, the lawyers who continue to fight for justice on behalf on the St. Anne’s survivors – Fay Brunning, Suzanne DesRosiers and Michael Swinwood. And…no less importantly…Indigenous advocate, Linda Lundström, who has been one of my biggest psychological supporters right from the beginning..SUE ENBERG’S BIO:  Susan G. Enberg has an Honours Bachelor of Arts in Peace, Conflict and Justice Studies from the University of Toronto (with high distinction and on the Dean’s List), and has recently earned a graduate degree, Master of Fine Arts (with distinction) in Documentary Media from Ryerson University. Susan has been awarded numerous scholarships for high academic achievement and for her social justice activities.Susan is an independent documentary film director, producer, editor and photographer who recently launched her own production company, Susan G. Enberg Productions. Her first film, In Jesus’Name: Shattering the Silence of St. Anne’s Residential School, was co-produced with Edmund Metatawabin during her studies at Ryerson University. Prior to this, Susan had never directed, produced or edited any film projects.She is currently directing, producing and editing a second film with Edmund Metatawabin as co-producer. The sequel film will shed further light on abuses suffered by Indigenous children who were interned at St. Anne’s Residential School; this film will then delve far more deeply into litigious abuses such as obstruction of justice that the survivors are encountering today as they seek long overdue compensation for harms done to them.Susan has also recently completed a 21-minute pedagogical documentary film for the Toronto District School Board. This film, The Art of Reconciliation, focuses on reconciliation at a primary school in Toronto through incorporation of Indigenous arts, teachings and cultural sharing by Anishinaabe artist, Chief Lady Bird. Susan is the director, editor, and a co-producer on this film.In addition to being a documentarian, Susan is a long-time photojournalist whose writings and photography are wholly focused on human rights issues.center_img What inspired you to become a creator?I am a long-time creator…photography and writing have been some of my crafts for many years. However, I realized that if much of what I have written is delegated to academic journals, then most people in mainstream society would likely not know of otherwise hidden or covert human rights abuses occurring all around the world. So, I decided that a visual aesthetic could add great power to stories of people who have endured grave injustices. The visual aesthetic is also an empathic expression. We hope that people, in viewing our film, with take action toward correcting or shedding further light on current-day injustices that the aging survivors are having to endure. ABOUT IN JESUS’ NAME: Shattering the Silence of St. Anne’s Residential School is a poignant all-indigenous English and Cree-English collaborative documentary film that breaks long-held silences imposed upon indigenous children who were interned at the notoriously violent St. Anne’s Residential School in Fort Albany First Nation, Ontario..What was the inspiration for your film?Around 2000 or 2001, I had been commissioned by a non-profit organization to write a children’s social activism curriculum for Grade 6 students. I had been self-directed the entire way through. However, when it came time to write the Indigenous chapter, I told the founders of the organization that I would be writing age-appropriate material on residential schools in Canada. Their response was, that if I was to write that chapter, the Canadian government would do everything in its power to squash the entire publication. To me, this response has compelled me throughout my years at university to excavate more deeply into children’s experiences at these institutions.In the fall of 2014, I continued with my research into Canada’s residential schools. It was at that time that I came across a short online article in CBC Aboriginal about Edmund Metatawabin, his experiences at St. Anne’s Residential School. In that article, I discovered that children who were interned at St. Anne’s had suffered the most horrific forms of abuse as well as torture. I was appalled that the Canadian media has not covered this ‘story’ far more broadly, for a sustained period of time. I was also very disheartened to learn that the Canadian federal government had not called for a public inquiry into the torture of the children. If you had to describe your film in three words, what would they be?Poignant, empathic, provocative. What appeal do you think your film will have for audiences?This first film is not the film that I originally intended to produce. My original vision was to produce a film that would be far more political, bringing in the stories of the past and the Survivors’ stories of what they are enduring in the courts today. But…in speaking with a number of people over the course of two years, I came to the realization that Canadians, many of them, remain either partially or wholly uniformed about the depth, breadth and severity of abuses at Canada’s residential schools. So, during the summer of 2016, Edmund and I decided that we needed the survivors to share their stories first, without mediation from myself or any others.It was decided that this film should appeal to a number of distinct audiences for various reasons: non-Indigenous audiences as a pedagogical tool; first generation residential school survivors as a means and a way to encourage them to begin to share their stories, and to embark on healing journeys if they had not done so yet; and for intergenerational survivors who may be hearing these stories – truly hearing them – for the first time. A profound silence has engulfed many Indigenous families for generations, largely due to the stigma associated with sexual abuse. SUE ENBERG’S FILM “IN JESUS’ NAME” IS THE CLOSING NIGHT FILM AT THE REELWORLD FILM FESTIVALREELWORLD FILM FESTIVAL:  CLOSING NIGHT FILMWHEN: Sunday Oct. 15th at 4:30pmWHERE: Famous Players Canada Square Cinemas – 2190 Yonge St, Toronto, ON M4S 2C6 Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Twitterlast_img read more

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St Regis Hotels Resorts and worldrenowned C

first_imgSt. Regis Hotels & Resorts and world-renowned Chef Jean-Georges Vongerichten proudly announce plans to debut Fern, the latest signature restaurant from his global restaurant company, Culinary Concepts, at the St. Regis Resort & Residences Bahía Beach in Puerto Rico . Now under development and scheduled to open in fall 2010, the $172 million resort will feature 139 luxurious guest rooms and suites with spectacular ocean views, 25 Residences, the iconic St. Regis Butler Service, a world-class Remède Spa, oceanfront swimming pools, Fern, the restaurant and a recently opened 18-hole golf course designed by Robert Trent Jones, Jr., marking the island’s foray into the five-star-luxury market with its inauguration.“Chef Jean-Georges at the helm of our new restaurant adds a star amenity to Bahía Beach Resort & Golf Club. His legendary cuisine is the perfect complement to the Bahía Beach luxury experience,” said Federico J. Sánchez-Ortíz, president of Interlink Group, LLC, the development managers of Bahía Beach.“I am very excited about becoming a part of the new St. Regis Resort, Bahía Beach in Puerto Rico,” added Jean-Georges. “I love the Caribbean, the rainforest, the beaches and the warm people.”At The St. Regis Bahía Beach, Jean-Georges will blend his world renowned repertoire of distinctive dishes with traditional Puerto Rican ingredients such as papaya, mango, yuca and coconut. He will also feature the bounty of local fresh fish such as grouper, wahoo and dorado.Born and raised on the outskirts of Strasbourg in Alsace, France, Jean-Georges’ earliest family memories are about food. He trained in a work-study program at the Auberge de l’Ill and as an apprentice to chef Paul Haeberlin, later working with Paul Bocuse and master-chef Louis Outhier at L’Oasis in the south of France. With this impressive three-star Michelin training, Jean-Georges traveled to Asia for positions in the Oriental Hotel in Bangkok, the Meridien Hotel in Singapore and the Mandarin Hotel in Hong Kong.It was during this time spent working and traveling in Asia where Jean-Georges developed his love for the exotic and aromatic flavors of the East. His signature ‘vibrant cuisine’ abandons the traditional use of meat stocks, instead featuring intense flavors and satisfying textures resulting from the use of vegetables juices and fruit essences, light broths and herbal vinaigrettes. Jean-Georges’ culinary vision and execution have defined both professional standards for the industry and the way in which Americans eat.Chef Jean-Georges is the author of four cookbooks, including his best-selling Jean-Georges. Since earning a total of 12-stars from the New York Times for his four New York City restaurants, Chef Vongerichten has received numerous culinary awards, including, “Best Restaurant in the World” for his Vong restaurant in the Mandarin Oriental Hotel by Robb Report, a prestigious Three- Star rating in the Michelin Guide, “Chef of the Year” by Esquire Magazine and “Best New Restaurant” and “Outstanding Chef” by the James Beard Restaurant Awards.The St. Regis Resort and Residence Bahia Beach is set within a community committed to the preservation and enhancement of the environment and is adhering to the highest standards of sustainable and conservation-oriented development. An example of this stewardship is the recent designation of Bahía Beach as a Certified Gold Audubon International Signature Sanctuary, the first resort in the Caribbean to earn this distinction.Designed to blend seamlessly with the lush foliage and towering coconut palms, The St. Regis Resort and Residences Bahia Beach’s luxurious junior suites and one-bedroom accommodations will feature spectacular views from private open terraces of the sparkling sea to the north and the mountainous El Yunque National Rainforest to the south.Adjacent to the site of The St. Regis Resort and Residences Bahia Beach are the first of 25 St. Regis Residences, Las Estancias, majestic estate homes designed in a tropical plantation architectural style on spacious lots overlooking the ocean, golf course, lakes and El Yunque. One of the first to purchase an estate home was Carlos Beltrán, superstar outfielder of the New York Mets.In addition to the 25 St. Regis Residences, Las Estancias estate homes, the first Las Verandas golf villas were recently completed and are now occupied. New residential products currently under development include Las Olas oceanfront town homes and Las Ventanas villas within easy walking distance of Bahía Village.www.bahiabeachpuertorico.comlast_img read more

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Dutch cable operator Ziggo has completed the acqui

first_imgDutch cable operator Ziggo has completed the acquisition of business services telco Esprit Telecom following approval by the Dutch Authority for Consumers and Markets (ACM).According to Ziggo, the acquisition will help it expand its services for the business market. Esprit is active in the small and medium enterprise market in the Netherlands. The acquisition also includes Zoranet, an information and communication technology specialist that focuses on the retail sector.last_img

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Liberty Globalowned cable operator UPC Cablecom h

first_imgLiberty Global-owned cable operator UPC Cablecom has welcomed a decision by the Swiss Federal Department of the Environment, Transport, Energy and Communications (DETEC) to end the obligation to broadcast analogue TV channels.The obligation to broadcast foreign channels in analogue will be lifted on June 1, with national channels to follow by January 1 2015. Cable operators that make digital receivers available free of charge to their customers can cease broadcasting analogue services immediately.UPC Cablecom met the latter obligation at the end of last year by removing encryption on basic services, thereby removing the need for a dedicated decoder.last_img read more

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BSkyBs Sky News has launched a new digital platfo

first_imgBSkyB’s Sky News has launched a new digital platform aimed at giving young people an enhanced voice ahead of next year’s UK general election.The Stand Up Be Counted site will enable people aged between 16 and 25 to post videos, articles and comments on the issues affecting them and their friends, and share them across multiple social media platforms.Sky News is working in partnership with communications charity the Media Trust and other youth organisations to ensure they reach a diverse and representative number of young people across the UK, according to Sky.There will be four areas on the site dedicated respectively to ‘Hot Topics’, a general debate area, ‘Open Mic’, a space for stand-ups to talke about any subject they like, ‘News Feed’, highlight cointent from Sky News, and ‘Stand Ups’, featuring profiles of and content from registered stand-ups.Each area will also allow the Stand Ups to share content via social media including Facebook, Twitter, Google+, WhatsApp and Kik. There is also a camera icon at the top of the page which allows users to upload videos, as well as a Register to Vote icon option which takes users directly through to the government’s online Individual Voter Registration site.“Our campaign is bold in scope and I hope thousands of young people across the UK will become a part of it. Young people have told us they don’t think politics or the media represents them or their interests. They tell us they are seen as either scapegoats or victims, and are viewed as part of the problem rather than as a solution,” said John Ryley, head of Sky News.“We want to give them a platform which works for them – a place where they can talk about their hopes, dreams and fears about the future and share them with their contemporaries via social media platforms. Their voices will become an integral part of our coverage, we will highlight the issues that matter to them ensuring our content becomes more inclusive and reflective of a younger generation.”last_img read more

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Deficit to GDP Debt to GDP

first_imgDeficit to GDPDebt to GDP Greece28.91% Italy$107,000$552,000 -8.5% -4.2% Dear Reader,Chris Wood here, filling in for David Galland. Today’s issue is full of good stuff. Robert Ross will kick it off with an interesting look at the future and economic implications of asteroid mining. Then Adam Crawford will delve into the troubling economic situation in France. And, of course, we’ll end it all with some Friday Funnies. Let’s get started. Space Prospecting: Planetary Resources and the Future of Asteroid MiningBy Robert Ross, Junior AnalystAlthough it may sound like it was ripped from the pages of an Isaac Asimov novel, asteroid mining could be a huge step forward for mankind. The concept has been around for over a century, with Russian scientist Konstantin Tsiolkovsky first postulating the idea in 1903. At the moment, the trek into the great asteroid-laden unknown is being led by one company – Planetary Resources.One thing Mr. Tsiolkovsky didn’t have was connections, something that Planetary Resources has in droves. With a lineup of investors and board members that includes various Google executives – including founder and CEO Larry Page and former CEO Eric Schmidt – acclaimed film director James Cameron, former Microsoft executive Charles Simonyi, and Ross Perot Jr., son of former presidential candidate Ross Perot. Seed funding shouldn’t be an issue.Nor did Tsiolkovsky have the vision. Planetary Resources has a three-step plan, with an aim to mine asteroids for water and precious metals. More specifically, the company intends to create a swarm of robotic spacecraft that can use artificial intelligence to coordinate complex mining operations without a human presence.The whole thing may seem like a bunch of eccentric billionaires getting together to throw hoards of money at a project with little possibility of success. But it’s not. According to the company’s president and chief engineer Chris Lewicki, Planetary Resources is already cash-flow positive:“When we started the company, one of the first things we did was to identify the roadmap that would get us from now until we got to the asteroids. That way, we could identify who would be interested in the things we’d be developing along the way. We already have contracts with NASA, some private companies, and even a few private individuals.”That roadmap starts with the Arkyd series 100, also known as the Leo Space Telescope. By designing and selling this “low-cost” telescope, the company believes it will be able to gain the necessary experience to develop more complex models, while generating cold, hard cash in the meantime.Artist conception of an Arkyd 100-series space telescope. (Credit: Planetary Resources)The Leo Space Telescope is designed to track and analyze the size and orbital patterns of near-Earth asteroids. But, in order to generate cash in the short term, the company plans to point some of the telescopes down at Earth. The satellites will gather vast amounts of data which can then be sold to universities, businesses, and governments. Planetary Resources claims the Leo Space Telescope will be sold on private markets at a price “in the single-digit millions,” making the Leo the first private space telescope on the market.The company plans to build on what it learns during the development and launch of the Leo Telescope to get to the next phase, the Arkyd Series 200 – Interceptor. The new fleet of satellites will have added propulsion capabilities, which will be used to hitch a ride on asteroids crossing through Earth’s neighborhood.According to Planetary Resources, two or more Interceptors can work in tandem to identify, track, and “fly by” near-Earth asteroids, capturing high-resolution data in the process.The new technology will also create an opportunity for the company to update our deep-space communication network. According to Lewicki, who has experience working on the Mars rover projects, the deep-space communication network currently in use is 50 years old and is based on primitive, Earth-based antennae. To improve upon this, the company seeks to develop small, low-power optical communications technologies to couple with the Interceptor, which would offer better communications than the limited bandwidth available on NASA’s network.The third phase of the project will expand upon the Interceptor design. By augmenting it with deep space laser communication capability, the Arkyd Series 300 – Rendezvous Prospector will allow the characterization of an asteroid’s value prior to mining operations, collecting data on the asteroid’s shape, rotation, density, and surface and subsurface composition. In short, the satellite will serve as a tool to establish which asteroids hold the most valuable resources and which are the most feasible to mine.The final phase is to actually mine these asteroids. Planetary Resources claims that the initial space-resource development projects will focus on water-rich asteroids. By focusing on water – which can be used in space for hydration, breathable air, radiation shielding, and formulating rocket fuel – the company hopes to enable large-scale exploration of the solar system.The company has a few ideas on how the actual mining operations will take place. One advanced technique mentioned by Lewicki is to harness the energy generated by the heat and cold differential on an asteroid; this is generated by sunlight hitting part of the asteroid while the rest is in shadow.. In theory, this should provide the energy needed to extract the targeted resources.Apart from making science-fiction fans cheer, mining asteroids has many implications for life inside and outside our atmosphere. It could make long-term space travel more feasible, since astronauts would not have to return to Earth to resupply certain essential resources, such as water, gas, oxygen, etc.Another attractive opportunity is the plethora of rare-earth metals – such as scandium, cerium, and gadolinium – contained in certain near-Earth asteroids. It’s speculated that a relatively small, 1.6-km diameter asteroid with the right physical characteristics could contain more than $20 trillion worth of industrial and precious metals. For example, near-Earth asteroid 16 Psyche is believed to contain 1.7×1019 kg of nickel-iron, which would be enough to supply current world production requirements for several million years. Not too shabby.Basic economics informs us that doubling or tripling the supply of anything while keeping demand constant will certainly drive down its price. If a Planetary Resources fleet returned from a voyage that increased the amount of gold on Earth by 100 times, the price of gold would certainly plummet.In step, by extending the reach of potential mining operations to space, Planetary Resources could potentially alter the way we currently conceptualize scarcity. It also has the potential to ruin the company’s return on investment.But Lewicki isn’t fazed:“Of course, it’s all about supply and demand, and we’re subject to those risks as much as any other company. But if we as engineers had materials that were best for a job and could use those materials all the time without thinking of the costs, it would change the world. It’s not about scarcity, it’s about access. Fundamentally, that’s what we’re focused on. We want to take opportunities and deliver value just like any other business. Only our business will extend the economic sphere into the solar system.Although this could leave some BIG GOLD subscribers shaking in their boots, don’t expect any of this to come to fruition any time soon. The company plans on launching its first Leo Space Telescope in 18-24 months, and it will probably be decades before any actual space mining takes place.Of course, the scientific community is not without skeptics. Former NASA aerospace engineer Louis Friedman says it would take “hundreds of millions of dollars” to get started. This shouldn’t be a problem considering Planetary Resource’s wealthy stakeholders and friends, not to mention the private sector’s ability to innovate and cut costs.It’s also worth noting that upcoming NASA mission OSIRIS-Rex will be engaging in some asteroid mining of its own. The mission’s goal is to harvest two ounces of material from an asteroid and return to Earth at a cost of about $1 billion. But we all know how efficient government-funded projects are.Private versus public arguments aside, there are some other fundamental issues related to asteroid mining. Friedman states that the company would have difficulty transferring raw materials extracted from asteroids back to Earth, given the cost of going in and out of Earth’s gravity well. So hang on to your gold.There’s also some competition, although it’s taking a different approach. Moon Express, led by Intelius founder Naveen Jain, seeks to mine the moon, and he’s already secured a $10-million NASA contract. But, considering the legal wrangling that would be involved with strip-mining the moon, I would be skeptical of the company’s outlook.In my opinion, both are interesting concepts that could have far-reaching implications for us here on Mother Earth. Could this technology allow humans to travel millions of miles into space, harvesting water and other nutrients from asteroids along the way?The science-fiction fan inside of me sure hopes so. France’s Economic CrisisBy Adam J. Crawford, Junior AnalystThus far, France’s troubled economy has eluded the spotlight of the popular press. This may soon change, however, as the realization that France’s economy is as fundamentally flawed as the highly publicized PIIGS economies takes hold.France looks like PIIGSFor many years, France has been on a borrowing binge while feeding those funds to its citizens through various entitlement programs. The amount borrowed each year has accumulated over time, resulting in the dangerously high level of debt to GDP seen today. Source: Bloomberg 107.8% Italy6.04% 120.1% -5.2% So far, France has escaped the wrath of the sovereign bond market. In fact, the yield on France’s 10-year bond recently slid to an all-time low. But the smart money is beginning to question the French government’s ability to repay its debt. The evidence can be seen in credit default swaps (CDS), which have spiked nearly 35% since March. The cost to insure $10 million in French debt for five years currently stands at $213,000 per year. This number is relatively small when compared to the cost to insure the debt of other troubled nations in the Eurozone. However, it is strikingly similar to the cost to insure the sovereign debt of these same troubled nations three short years ago. Italy Ireland$220,000$679,000 -9.1% David Hinman, comanager of SW Asset Management firm, believes insurance on French debt could soon follow the PIIGS’s path into the stratosphere:“The severity of French CDS’ going from 220 to 500 is going to be very meaningful and it could very easily happen. There is too much debt with very little prospects for them being able to work it out. I am not sure how all of this plays out.”This time isn’t differentOne thing is for sure: the boneheaded economic agenda of France’s newly elected Socialist leader will only make the country’s precarious financial situation much worse. Here’s a list of President Hollande’s most memorable campaign promises:Raise taxes on the “rich”Freeze fuel pricesIncrease welfare paymentsHire 60,000 new teachers; and“Make layoffs so expensive for companies that it’s not worth it” (my personal favorite).The scary thing is, implementing these reckless reforms should be a piece of cake given that the Socialists are likely to win a majority in the Parliamentary elections. If this does happen, expect to see soaring debt and a sinking stock market in the near future (just like last time the French elected a socialist leader).France’s economic predicament is but one of myriad opportunities the world’s shaky economy is presenting to self-directed investors. Some particularly intriguing speculations can be found in our flagship publication, The Casey Report, which is helping subscribers position themselves to profit from the Volatility Index, options on a Chinese index fund, and a host of emerging trends that Wall Street is ignoring.But perhaps the biggest opportunity that awaits subscribers – indeed, all investors – lies beneath the surface of the United States’ teetering economy. Friday FunniesCongratulations, GraduatesThe Source of Our ProblemsCongressional Express – Don’t Leave Home Without It!Greek MythologyThe Modern WorldThat’s it for today. Thank you for reading and subscribing to Casey Daily Dispatch.Chris Wood Senior Analyst Casey Research, LLC 165.3% Portugal 10.67% Greece Portugal$79,000$1,070,000 Spain6.51%center_img 10-year bond yield Ireland8.21% Spain France$39,000$213,000 -3.9% Spain$98,000$600,000 Source: Eurostat 2011 data 108.2% 85.8% 2012 2009 -13.1% Portugal This reckless borrowing ends and the painful – but necessary – economic contraction begins when the market punishes heavily indebted countries with higher interest rates. This is what is happening to Portugal, Ireland, Italy, Greece, and Spain. France Greece$162,000$8,161,000 Source: Bloomberg 68.5% Irelandlast_img read more

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Justins note Todays essay comes from my collea

first_imgJustin’s note: Today’s essay comes from my colleague Jeff Brown, editor of The Near Future Report. Jeff has been working in the tech field for over two decades. He’s always on the lookout for the next world-changing developments. Last year, Jeff recommended chipmaker Nvidia – the best-performing stock of 2016 – before it climbed 330%. Today, he explains this year’s biggest tech trend…and why it’s just getting started…By Jeff Brown, editor, The Near Future Report Autonomous driving technology is about to completely upend the global automotive industry, which shipped 73.9 million vehicles in 2015. That represents a more than $2 trillion market. And that is just the beginning. As you can see in the chart below, the $2 trillion market for vehicles is several times larger than the consumer market for televisions, personal computers, or smartphones. Now, you might think that self-driving cars won’t be here until far off in the future. I wouldn’t blame you, either. In a Wall Street Journal article I read recently, it quoted a professor from Duke University who stated, “We’re a good 15 to 20 years out from [self-driving cars]…” I’ve also heard similar comments at industry conferences that I’ve attended from executives who work for the “old school” automotive companies. But you may, in fact, be surprised to hear that the technology is actually available today, in production, and being used by tens of thousands of people. Around where I live, in Silicon Valley, I typically see one or two of these vehicles driving around every single day. Yes, cars without drivers in their front seats. Every day. These vehicles are produced by Alphabet, formerly known as Google. They are used to shuttle around the company’s employees from location to location. There is no driver at all. Just room for two or three people to sit in the back of the car. Self-Driving Cars Will Be a Reality This Year Very few understand how quickly this autonomous driving technology is advancing. It will come as quite a surprise to most to see a fully autonomous passenger car on the market in 2017. The innovation that has taken place in semiconductors, specifically graphics processing units, or GPUs (camera vision, radar, and machine learning), is responsible for enabling what is truly exponential growth in technology development. 2016 was also a record year for funding early-stage automotive technology companies primarily focused in and around autonomous vehicle technology and related systems. Eighty-seven deals took place at a value in excess of $1 billion. On top of that, the U.S. House of Representatives Energy and Commerce Committee gave its approval for the SELF DRIVE Act. Given the pace of the progress, it is entirely possible that the bill could get through Congress before the end of the year. Recommended Link Revealed on Live Q&A Tomorrow: The Secret to Explosive Gains With Cryptocurrencies Teeka Tiwari’s cryptocurrency recommendations have given his readers the chance to make 1,241%… 2,050%… even 14,000% – in as little as 6 months. Tomorrow, Teeka’s revealing his secrets and answering your questions in a live Q&A. Click here to attend for free, and to submit your questions in advance. — Criminal investigation at Agora Financial! A serious crime was recently committed at Agora Financial headquarters. This is security-cam footage of the break-in. At this time, Baltimore Police have no credible leads on the identity of the thieves… But their own internal investigation points to a shocking possibility. To get all the details on this crime — and how it affects you — click here. Recommended Link — The legislation is significant in that it supports the deployment of driverless vehicles (this includes trucks for logistics) and, at the same time, blocks states from preventing these deployments. Also exciting is the launch of the new Tesla Model 3. The first 30 production models were delivered as planned on July 28. Tesla announced it now has more than 500,000 pre-orders for the Model 3. The car is absolutely beautiful and affordable, and it comes with the cleanest and simplest interior that I have ever seen in any car. Just about all the controls of the car are managed directly through a tablet-like screen that sits on the dashboard. And here’s the important part. Model 3s come loaded with all of the hardware for fully autonomous driving. A simple software download can be sent to the car to enable the features when they’re ready to be released to the public. The technology for fully autonomous vehicles will be ready well before the regulations get passed, therefore the regulatory discussions will be the gating factor for mass deployment. Self-Driving Cars Will Change Everything This is such an exciting time. Every month that passes brings major improvements in autonomous technology, more data, and more proof that the technology is already several times safer than human drivers. And the impact that autonomous technology will have on our society is remarkable. Once self-driving vehicles become the new norm, it is projected that… 1.2 million lives could be saved every year due to a massive reduction in traffic accidents. Car ownership will fall dramatically, potentially to a level where there is only one car per every 12 people. Auto insurance costs will decrease by at least 60%. Less fuel will be consumed, resulting in a 90% decrease in emissions. In total, it is estimated that there will be $1.3 trillion in savings from the adoption of autonomous cars. The savings will be driven by productivity gains, fuel savings, and accident avoidance. With such a strong tailwind, it is likely that children born in the next 10 years will never need to learn to drive a car. We are now at the very beginning of this explosive trend, but the potential is enormous… The autonomous vehicle technology market is forecast to reach $87 billion by 2030. Fully self-driving cars are on the verge of mass adoption. Not 10 years from now—right now. In 2017. So get ready… The future is here. Regards, Jeff Brown Editor, The Near Future Report P.S. This is just a short rundown of the autonomous car industry. There’s far too much to cover here. That’s why I put together a special online presentation to examine all the truly incredible things that are going on in this space – not to mention how I’m helping readers find the most profitable investment opportunities… It’s not Tesla or Alphabet. Click here to watch.last_img read more

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Uber Plans to Fight 13 Million Fine in France

first_img Uber Plans to Fight $1.3 Million Fine in France Free Webinar | July 31: Secrets to Running a Successful Family Business 3 min read Legal Image credit: Shutterstock Add to Queue –shares David Meyercenter_img Next Article Uber’s entertaining week in France continues with a €1.2 million ($1.3 million) fine from a Paris court for making “ambiguous” recommendations to its drivers. The U.S. firm is appealing, claiming the underlying law is invalid.The Wednesday fine stemmed from a suit lodged by a national taxi union back at the end of 2014, over Uber’s alleged contravention of a law from that year that banned several Uber-like practices.One of those rules states that drivers from such services cannot wait on a public road between fares, but must instead return to a parking area until their next pre-booked appointment begins. The idea is to stop them from behaving like, well, taxis.The taxi union complained that Uber’s driver-training videos were less than explicit about this point, and the Paris commercial court agreed that the videos encouraged drivers to go to areas with high demand, and to accept fares from people even when they did not fall into the legally mandated scenario.The court told Uber to cut it out, but the union noticed that some of the training videos stayed up on YouTube during the first quarter of 2015. Hence the fine, which goes to the union, and which Uber is appealing along with the original ruling.Uber’s take on this is that the underlying law itself is null and void, as it does not comply with European legislation. The firm points out that the French government failed to notify the European Commission about the so-called Thévenoud law, which also bans private-hire drivers from using software to find clients, before passing it.This matters because Uber claims to be an “information-society service” rather than a taxi firm, and EU countries are supposed to tell the Commission about any new laws targeting information-society services before putting them into practice.“The merits of the case on which today’s decision was based are already under appeal. Clearly we will appeal this particular outcome too. There is a question mark over the very law itself, which the European Commission is investigating,” Uber said.Uber’s service was one of the subjects of protests this week in Paris, with taxi drivers blocking traffic and burning tires in outrage over the practices of the firm and others like it. They say the authorities have not properly enforced the Thévenoud law and their revenues have recently fallen by 20-40% — which is particularly tough when they have to pay around €200,000 for a license to operate a taxi and their new-fangled rivals do not.France’s constitutional court has already ruled that drivers can work for both traditional cab companies and services such as Uber, and Uber said last week that it wants to open up its platform to taxi drivers. A taxi syndicate representative told The Verge this was a “provocation.” This story originally appeared on Fortune Magazine Learn how to successfully navigate family business dynamics and build businesses that excel. January 28, 2016 Register Now »last_img read more

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Nintendos Market Cap Doubles to 42 Billion Since Pokemon GO Launch

first_img 2 min read Enroll Now for $5 Shares of Japan’s Nintendo Co. soared another 14 percent on Tuesday, more than doubling the firm’s market capitalization to 4.5 trillion yen ($42.5 billion) in just seven sessions since the mobile game Pokemon GO was launched in the United States.The phenomenal success of Pokemon GO — now available in 35 countries, the majority in Europe, and most recently in Canada — has triggered massive buying in Nintendo shares, surprising even some seasoned market players.”I’ve never seen the trend of such a big company’s shares changing so quickly in such a short period of time,” said Takashi Oba, senior strategist at Okasan Securities.Nintendo shares ended Tuesday up 14.4 percent at 31,770 yen, bringing its gains to more than 100 percent since the launch of the game on July 6.Turnover in Nintendo shares hit 703.6 billion yen, surpassing the record for trading turnover in individual shares it set on Friday, of 476 billion yen.Trading in Nintendo shares roughly accounted for a quarter of the entire trading on the Tokyo Stock Exchange’s main board.The success of Pokemon GO, unforeseen even by its creators, has boosted hopes that Nintendo could capitalize on a line-up of popular characters ranging from Zelda to Super Mario to strengthen its new foray into augmented reality.”Virtual reality and augmented reality have been a focus of the market but hardly anyone was expecting Nintendo in this area. Suddenly Nintendo has become an AR-related stock,” said a fund manager at a Japanese asset management firm, who declined to be named as he is not allowed to discuss individual shares.The fund manager said the big gains were justifiable considering the likely boost to Nintendo’s bottom line.”Under my rough estimate, the sales from Pokemon GO and upcoming related gadgets will boost net profits by 50 billion yen. Based on that assumption, Nintendo is traded at 30 times profits, which is not unreasonable,” he said.The popularity of Pokemon GO is producing an unexpected boom in some shares that have a scant link to the game.Shares in First Baking Co., a bakery firm with annual sales of 25 billion yen, saw its shares rise 18 percent on Tuesday as the firm sells “Pokemon Bread” among other breads wrapped with character-decorated bags.(Additional reporting by Daiki Iga; Editing by Himani Sarkar) Add to Queue Reuters This story originally appeared on Reuters Next Article July 19, 2016center_img Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Image credit: Reuters | Chris Helgren 55shares Nintendo Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Nintendo’s Market Cap Doubles to $42 Billion Since Pokemon GO Launchlast_img read more

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Jeff Bezos Unveils New Rocket to Compete With SpaceX

first_img Apply Now » Jeff Bezos on Monday unveiled a heavy-lift reusable rocket expected to compete against Elon Musk’s SpaceX and other companies for commercial satellite launches before the end of the decade.Bezos’ Kent, Washington-based Blue Origin space company is designing two versions of the rocket, named New Glenn, a nod to John Glenn, the first American to orbit Earth and the last surviving member of NASA’s original Mercury Seven astronauts.“New Glenn is designed to launch commercial satellites and to fly humans into space,” Bezos, also the founder and chief executive of Amazon.com Inc., said in a statement emailed to Reuters on Monday.Both versions of New Glenn will use a first stage powered by seven methane-burning BE-4 engines. The company is building a launch site and test facility at Cape Canaveral Air Force Station in Florida, and a rocket manufacturing plant at NASA’s adjacent Kennedy Space Center.Blue Origin also intends to sell the BE-4 to United Launch Alliance for its new Vulcan rocket. ULA is a partnership of Lockheed Martin Corp. and Boeing Co.Blue Origin intends to fly New Glenn’s first stage back to a landing pad so it can be refurbished and reflown, an approach that fellow tech billionaire entrepreneur Musk is taking with his Falcon rockets. SpaceX so far has successfully landed rockets six times, twice on the ground and four times on a platform floating in the ocean.SpaceX had expected to try a seventh landing on Sept. 3, but its rocket was destroyed during a routine prelaunch test two days before liftoff from Cape Canaveral Air Force Station.The cause of the accident, which destroyed a $200 million Space Communication Ltd. satellite, is under investigation.Blue Origin has been testing a smaller, reusable rocket and spaceship called New Shepard, which is intended to fly paying passengers to an altitude of about 62 miles (100 km) so they can experience a few minutes of microgravity and see the limb of Earth set against the blackness of space.Blue Origin has not yet started selling tickets for rides. If test flights continue as expected, Blue Origin pilots could begin flying next year, with paying passengers to follow in 2018, Bezos told Reuters during an interview earlier this year.(Reporting by Irene Klotz; Editing by Phil Berlowitz) September 12, 2016 This story originally appeared on Reuters Space Travel 2 min read Image credit: Reuters | Mike Blake Jeff Bezos Reuters center_img 2019 Entrepreneur 360 List Next Article 55shares Add to Queue The only list that measures privately-held company performance across multiple dimensions—not just revenue. Jeff Bezos Unveils New Rocket to Compete With SpaceX Bezos’s Kent, Wash.-based Blue Origin space company is designing two versions of the rocket, named New Glenn, a nod to John Glenn.last_img read more

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Cocktail of chemicals in the mother inhibits child growth

first_imgReviewed by Kate Anderton, B.Sc. (Editor)Feb 25 2019For the first time, researchers have shown that a combination of perfluorinated substances in the mother significantly inhibits child growth.They make many everyday things easier, such as keeping children’s feet dry in waterproofed boots, stopping the meat balls sticking to the frying pan and making it easier to clean the carpet.But these environmental chemicals, the perfluorinated substances, have a wide range of damaging effects, with the most recent turning out to be reduced growth in fetuses.This is shown by a new study in which researchers from Aarhus University have examined the cocktail effect of the chemicals, leading to findings which are both significant and alarming according to Professor Eva Cecilie Bonefeld-Joergensen from the Department of Public Health.”The perfluorinated substances can mimic the hormone estrogen and can therefore disrupt the body’s natural hormonal processes including the development of the fetus. We can see that the complex mix of perfluorinated substances in the mother impairs fetal growth and length,” she says.Researchers had previously only studied the individual impact of the substances on the fetus, and these results had not been entirely clear-cut.Eva Cecilie Bonefeld-Joergensen and her research colleagues have developed a new method for extracting and isolating the contents of the substances from the blood and then subsequently determining the combined endocrine disrupting effect of the substances – popularly called the cocktail effect – on the development of the fetus.”When it comes to the overall effect, the calculation is not 1+1=2, but rather 1+1=3. Low birth weight can lead to a number of diseases later in life, but we still lack specific knowledge about how the children who are exposed to the substances subsequently develop,” says Bonefeld-Joergensen of the results which have been published in the scientific journal Environmental Health Perspectives.Related StoriesPuzzling paralysis affecting healthy children warns CDCRepurposing a heart drug could increase survival rate of children with ependymomaResearchers identify gene mutations linked to leukemia in children with Down’s syndromeShe is currently waiting for an answer to an application for a foundation grant to carry out the necessary follow-up studies on the ongoing development of these children.The researchers have examined blood samples from 702 pregnant Danish women who were registered in the database “Aarhus Children’s Biobank”. Such thorough studies of the concentration of perfluorinated substances and their biological effect in pregnant woman have not been done previously, but the study is nevertheless in line with previous research in the area. The substances have furthermore been associated with a range of issues including breast cancer, fertility problems, ADHD, the risk of asthma, a weakened immune system and the reduced effect of vaccines.The harmful environmental chemicals accumulate in the body and are not easily degradable. They are fat and water repellent and are found in our food, in the air we breathe, in dust and water and in a wide range of everyday products such as e.g. waterproof clothing, food packaging, furniture textiles and make-up. Only a few of the almost one thousand different perfluorinated substances are presently regulated by law, and there is no product labeling requirement.”As a consumer, you have to ask in the store. Products with these toxic substances are popular, but we pay the price with our children’s and our own health if we don’t avoid these products,” says the researcher.The area is regulated by the EU, but the Minister for Environment and Food, Jakob Ellemann-Jensen (the Danish Liberal Party), has recently announced that he will explore the possibility of a national ban on the substances in cardboard and paper for food packaging.The new study is part of Aarhus University’s Fetotox project, which studies the impact of perfluorinated substances on women and children. Source:http://www.au.dk/last_img read more

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Workplace messaging startup Slack to go public

first_imgWorkplace messaging startup Slack has become the latest of the richly valued tech startups to file for an initial public offering Explore further This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. © 2019 AFP Citation: Workplace messaging startup Slack to go public (2019, February 4) retrieved 17 July 2019 from https://phys.org/news/2019-02-workplace-messaging-startup-slack.htmlcenter_img Workplace messaging startup Slack said Monday it had filed a confidential registration for an initial public offering, becoming the latest of a group of richly valued tech enterprises to look to Wall Street. California-based Slack’s filing comes under a special provision of securities laws enabling startups to begin the IPO process without disclosing details of their financing.The statement offered no information on the date or amount of money expected to be raised. Some reports say Slack will use the direct listing, a method used by Spotify, that allows insiders to sell existing shares without issuing new stock, streamlining the IPO process and avoiding big investment banking fees.Slack, which claims some 10 million users in 150 countries, has raised more than $1 billion from investors with the latest valuing the company at $7.1 billion, making it one of the most richly valued “unicorns”—startups with private funding worth at least $1 billion.Slack, which offers real-time messaging for the workplace, is used to help improve communication and help companies get around email overload. It offers free services for small teams and paid plans with additional options.Created in 2013, Slack has been a leader in the new segment but faces competition from the likes of Microsoft, Facebook and others offering workplace collaboration tools.Analysts say Slack has found a niche, especially among small- and medium-sized businesses.Other richly valued unicorns aiming for an IPO in 2019 include ridesharing giants Uber and Lyft, and lodging startup Airbnb. Other potential IPOs in the sector include the social platform Pinterest and coworking sector leader WeWork.Slack’s CEO and founder Stewart Butterfield was part of the team that started the photo-sharing service Flickr. Workplace messaging startup Slack eyes 2019 IPO: reportlast_img read more

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