Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/301293534?client_source=feed&format=rss
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Thursday, April 25, 2013
Kenseth calls harsh penalties 'grossly unfair'
Driver Matt Kenseth, left, walks from the garage following practice for Sunday's NASCAR Sprint Cup series STP 400 auto race at Kansas Speedway in Kansas City, Kan., Saturday, April 20, 2013. (AP Photo/Orlin Wagner)
Driver Matt Kenseth, left, walks from the garage following practice for Sunday's NASCAR Sprint Cup series STP 400 auto race at Kansas Speedway in Kansas City, Kan., Saturday, April 20, 2013. (AP Photo/Orlin Wagner)
Driver Matt Kenseth (20) leads into a turn during a NASCAR Sprint Cup race at Kansas Speedway in Kansas City, Kan., Sunday, April 21, 2013. (AP Photo/Colin E. Braley)
RICHMOND, Va. (AP) ? Matt Kenseth says NASCAR's penalties against his team are "grossly unfair" and "borderline shameful."
Kenseth's team was hit with some of the harshest penalties NASCAR has handed out Wednesday after his race-winning engine at Kansas failed the post-race inspection. He says one of eight connecting rods on the engine was too light ? by 2.7 grams.
Kenseth was docked 50 driver points in the standings ? two more than he earned for the victory. But he says he's angrier about the penalties given to Gibbs and crew chief Jason Ratcliff. Both were suspended six weeks.
Gibbs also had his owner points frozen, and Ratcliff was fined $200,000.
The points penalty dropped Kenseth from eighth to 14th in the standings.
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Samsung?s enterprise ambitions put on hold as KNOX security software delayed
MADRID, April 25 (Reuters) - Liverpool goalkeeper Pepe Reina said the 10-match ban given to his team mate Luis Suarez for biting an opponent was 'absurd' and 'excessive'. Uruguay international Suarez was punished on Wednesday by the English Football Association (FA) after he bit the arm of Chelsea defender Branislav Ivanovic at the weekend. "He knows he is in the wrong, and that it was a mistake, but the 10-game punishment seems absurd to me, excessive and unfair," Spanish international Reina was quoted as telling radio station Cadena Cope by sports daily AS on Thursday. ...
Source: http://news.yahoo.com/samsung-enterprise-ambitions-put-hold-knox-security-software-231038568.html
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Wednesday, April 24, 2013
Thai tycoon launches $6.6 billion buyout to kick off Asian retail push
By Khettiya Jittapong
BANGKOK (Reuters) - Thailand's richest man has made a $6.6 billion offer to buy cash-and-carry wholesaler Siam Makro Pcl
The country's biggest convenience store chain CP All Pcl
Other companies that earlier showed interest in Siam Makro included Berli Jucker Pcl
"CP All is the only bidder to offer the price. It seems like the deal was done before other bidders joined the bid," said a source with direct knowledge of the offer, speaking on condition of anonymity as the deal was confidential.
CP All's offer represents a 15.4 percent premium to Siam Makro's last traded price on Friday, before its shares were halted on Monday pending an announcement.
CP All's $6.6 billion offer for Siam Makro would be the biggest retail M&A in the world this year, and double the size of No. 2 deal, according to Thomson Reuters data.
CP All, one of host of Thai companies sitting on vast cash piles and able to borrow money cheaply, will fund the majority of the acquisition with debt and does not plan to issue new shares, the company said. Dhanin's Ping An stake buy was part-funded with a $5 billion plus loan from UBS
CP All said the deal would allow the combined firm to use the Makro brand and its properties, and to exercise greater power negotiating prices with suppliers and distributors.
Siam Makro, controlled by privately held Dutch trading house SHV Holdings, has 58 Makro-branded outlets in Thailand, mainly selling food in bulk to hotels, restaurants and smaller retail outlets. It made a 2012 net profit of 3.56 billion baht, up 36 percent year on year, but it has been the country's slowest-expanding retailer as a result of stricter rules on large-sized stores.
RISING COMPETITION
Competition for Thai shoppers' business has intensified since the Chirathiwat family, which owns the country's largest retailer Central Group, bought a stake in the local unit of Japanese-based Family Mart last year.
Lawson Inc , Japan's second-largest convenience store chain, has also formed a joint venture with Saha Pattanapibul Pcl
Siam Makro has a market value of $5.7 billion. An offer at or near that price would be the largest domestic acquisition in Thailand's retail sector.
Thai companies have stuck a string of deals recently, helped by cheap bank debt and surging share prices. That took Thai M&A volume to a record $25.9 billion last year.
CP All holds more cash than all but one Southeast Asian retailer, according to Thomson Reuters data, with $1.15 billion in cash and equivalents, just behind SM Investments
The joint lead arrangers for financing of the deal for CP All are HSBC
Earlier on Tuesday CP All asked for its shares to be suspending pending an announcement. CP All said its board had approved an acquisition that may have an impact on its share price.
Its shares dropped nearly 6 percent on Monday amid expectations it would buy a stake in Siam Makro, raising concern about the need to raise funds.
($1 = 28.6850 Thai baht)
(Addition reporting by Elzio Barreto in HONG KONG, Saranya Suksomkij in BANGKOK, Saeed Azhar in SINGAPORE and Prakash Chakravati at Basis Point; Writing by Denny Thomas; Editing by Alan Raybould and Daniel Magnowski)
Source: http://news.yahoo.com/thai-tycoon-launches-6-6-billion-buyout-kick-051104519--finance.html
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Instagram -- more than self-portraits and pictures of food
![[ Back to EurekAlert! ]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_s9YaVssg9WFKV6r8dvZrIpQQ79TBezxAphhpiEZW1pdxTroPj73bypIeSdio6uolMAJlZ2akxrpO2XIV4QtYJhGqJJnO48yEQX9BkW7Qc=s0-d){kind=small}
Public release date: 23-Apr-2013[ | E-mail |
Share ] Contact: Beata Jungselius
beata.jungselius@gu.se
46-735-080-888
University of Gothenburg
The photo-sharing application Instagram is used by millions of people around the world daily. In the media, the social media phenomenon is sometimes dismissed as trivial pastime. However, according to a fresh study at the University of Gothenburg, Sweden, a lot of effort often goes into a picture before it is shared.
In study, which was conducted by three researchers from the University of Gothenburg, investigated how visitors at the Gothenburg Museum of Natural History used their cellphones during a visit. Through ethnographic field studies the researchers examined how visitors documented and shared their experiences.
The study in itself is one of a kind. Since Instagram is a relatively new service, the body of research with in the area is still thin. Furthermore, the combination of Instragram and museums was previously unexplored.
"There are studies that have looked at how museum visitors use technology developed by the museums themselves, such as for example touchscreens or mobile applications. But we are among the first to investigate how visitors use their own mobile technology in the museum environment," says Post-Doc Thomas Hillman, one of the three researchers behind the study.
When the researchers analyzed the data they had collected, they were able to determine that visitors often upload many pictures from the museum during their visit, and that many of these pictures are carefully planned and edited.
"There is a conception that Instagram is used to post mostly of self-portraits and pictures of food, which can be perceived as shallow, but our research shows that there is a lot effort behind many of the pictures," says PhD Student Beata Jungselius.
The study also indicates that smart phones have changed the way we share our experiences.
"We used to document places and events by taking pictures with cameras, which we would then print and share with our closest friends. Then cellphone with cameras with introduced, and as these have evolved, along with the breakthrough of Facebook and Instagram, our way of sharing our experiences has changed," says Associate Professor Alexandra Weilenmann.
###
The study, Instagram at the museum - Communicating the museum experience through social photo sharing, will be presented at the internationally renowned The ACM SIGCHI Conference on Human Factors in Computing Systems at the end of April.
Photo: Kristina Blom
For more information about the study, please contact:
Beata Jungselius, Department of Applied IT
E-mail: beata.jungselius@gu.se
Phone: +46-735- 08 08 88
[ | E-mail | 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.
Public release date: 23-Apr-2013[ | E-mail |
Share ] Contact: Beata Jungselius
beata.jungselius@gu.se
46-735-080-888
University of Gothenburg
The photo-sharing application Instagram is used by millions of people around the world daily. In the media, the social media phenomenon is sometimes dismissed as trivial pastime. However, according to a fresh study at the University of Gothenburg, Sweden, a lot of effort often goes into a picture before it is shared.
In study, which was conducted by three researchers from the University of Gothenburg, investigated how visitors at the Gothenburg Museum of Natural History used their cellphones during a visit. Through ethnographic field studies the researchers examined how visitors documented and shared their experiences.
The study in itself is one of a kind. Since Instagram is a relatively new service, the body of research with in the area is still thin. Furthermore, the combination of Instragram and museums was previously unexplored.
"There are studies that have looked at how museum visitors use technology developed by the museums themselves, such as for example touchscreens or mobile applications. But we are among the first to investigate how visitors use their own mobile technology in the museum environment," says Post-Doc Thomas Hillman, one of the three researchers behind the study.
When the researchers analyzed the data they had collected, they were able to determine that visitors often upload many pictures from the museum during their visit, and that many of these pictures are carefully planned and edited.
"There is a conception that Instagram is used to post mostly of self-portraits and pictures of food, which can be perceived as shallow, but our research shows that there is a lot effort behind many of the pictures," says PhD Student Beata Jungselius.
The study also indicates that smart phones have changed the way we share our experiences.
"We used to document places and events by taking pictures with cameras, which we would then print and share with our closest friends. Then cellphone with cameras with introduced, and as these have evolved, along with the breakthrough of Facebook and Instagram, our way of sharing our experiences has changed," says Associate Professor Alexandra Weilenmann.
###
The study, Instagram at the museum - Communicating the museum experience through social photo sharing, will be presented at the internationally renowned The ACM SIGCHI Conference on Human Factors in Computing Systems at the end of April.
Photo: Kristina Blom
For more information about the study, please contact:
Beata Jungselius, Department of Applied IT
E-mail: beata.jungselius@gu.se
Phone: +46-735- 08 08 88
[ | E-mail | 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/2013-04/uog-im042313.php
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New York City aims to ban cigarette sales to under 21s
By Edith Honan
NEW YORK (Reuters) - New York City took the first step on Monday in outlawing sales of cigarettes to anyone under age 21, in an effort to reduce smoking among the age group in which most smokers take up the habit.
The bill, which was introduced by the City Council and has the backing of Mayor Michael Bloomberg, would make New York City, which already has the highest cigarette taxes in the nation, the first big city or state to set the smoking age at 21. Currently, individuals must be 18 to buy cigarettes.
Eight in 10 adult smokers in the city started smoking regularly when they were below the age of 21, and most smokers who are under age 18 obtain cigarettes from individuals who are just a few years older than them, city officials said.
While an increase in cigarette taxes contributed to a 15-point drop among youth smokers from 1999 to 2007, the number of high-school-aged smokers has held steady at about 8.5 percent over the last six years.
Cigarette packs sold in New York City currently carry a state tax of $4.35 and a city tax of $1.50 - making it the most expensive city in the nation to be a smoker.
"Too many adult smokers begin this deadly habit before age 21," City Council Speaker Christine Quinn said. "By delaying our city's children and young adults access to lethal tobacco products, we're decreasing the likelihood they ever start smoking, and thus, creating a healthier city."
The bill marks the latest effort in the city's decade-long fight to discourage smoking, which the city's health commissioner, Thomas Farley, said was the most significant cause of preventable death in the city. In 2003, Bloomberg outlawed smoking in bars and restaurants, and smoking has since been banned in other public places, including parks.
Quinn, who is running to become the city's next mayor, made clear that she would continue Bloomberg's aggressive public health agenda - which has led his detractors to dub him the "nanny mayor."
MOST TOBACCO USE STARTS IN ADOLESCENCE
While most of the city's anti-smoking initiatives have originated with Bloomberg, the mayor did not join Quinn in making the announcement on Monday, instead sending Farley to say that the mayor looks forward to signing the bill into law.
Every U.S. state prohibits retailers from selling tobacco products to minors and in most states the smoking age is set at 18. Four states - Alabama, Alaska, New Jersey and Utah - require that a cigarette purchaser be at least 19 years old.
In New York, Nassau and Suffolk counties on Long Island have already boosted their legal age for buying cigarettes and other tobacco products to 19.
Nearly all tobacco use starts in childhood and adolescence, according to the 2012 report by the U.S. Surgeon General, which declared smoking a "pediatric epidemic" both in the United States and globally.
According to the report, 99 percent of all first use of tobacco occurs by age 26. The report also found that if youth and young adults manage to avoid smoking or other tobacco products, very few will begin smoking after that age.
Evidence suggests that once youth start smoking, many find it hard to quit. Of all adult cigarette smokers in the United States who smoke daily, 88 percent started smoking by age 18, according to the report.
Currently, about one out of four seniors in high school - youth aged 17 or 18 - smoke on a regular basis. Among those who continue smoking, half will die 13 years earlier than non-smoking peers.
It was not immediately clear how the tobacco industry would respond to the proposed legislation, which Quinn said she hoped would become a model for the rest of the country.
"Our companies follow the law whatever it is in any jurisdiction," said Jane Seccombe, spokeswoman for Reynolds American Inc, the parent company of R.J. Reynolds Tobacco Co, American Snuff Co and Santa Fe Natural Tobacco Co. "We believe no minors, however they're classified in those jurisdictions, should be able to access tobacco products."
She declined to comment on any potential sales impact from changes in the minimum age.
(Reporting by Edith Honan; Additional reporting by Julie Steenhuysen, Barbara Goldberg and Martinne Geller; Editing by Jeffrey Benkoe, Cynthia Johnston and Marguerita Choy)
Source: http://news.yahoo.com/york-city-aims-ban-cigarette-sales-under-age-142530178--sector.html
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Apple Wins Motorola ITC Patent Suit - The Next Web
The US International Trade Commission has sided with Apple (PDF) in a patent lawsuit brought by Google and Motorola Mobility that challenged a proximity sensor feature on the iPhone 4, Bloomberg reports.
The commission issued a finding of no violation on Monday and terminated the investigation.
Motorola originally filed the complaint in 2010. A judge had found Apple in violation of one of Motorola?s patents in an initial ruling, but the commission overruled the finding and cleared Apple.
The legal dispute between Apple and Motorola has gone on for almost three years, but it hasn?t reached the same level of drama as the Apple vs. Samsung dispute. Google managed to purchase Motorola in the midst of the disagreement, bringing the two companies in head-to-head conflict.
However, Motorola has lost some momentum after facing investigations into its use of standards-committed patents in legal action against Apple.
Update:?Motorola has issued a brief statement on the decision:
?We?re disappointed with this outcome and are evaluating our options.?
Photo credit:?Michael Nagle/Getty Images
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