it 'Lost in Space' robot designer Robert Kinoshita dies at 100 By www.scpr.org Published On :: Tue, 13 Jan 2015 17:38:48 -0800 Video of the B9 robot from "Lost In Space" and his most famous catchphrases.; Credit: timtomp (via YouTube) Mike RoeRobert Kinoshita, the Los Angeles native who designed the iconic robots from "Lost in Space" and "Forbidden Planet," has passed away. He was 100 years old. Konishita died Dec. 9 at a Torrance nursing home, according to the Hollywood Reporter, citing family friend Mike Clark. His creations included "Forbidden Planet's" Robby the Robot, the B9 robot from "Lost in Space," Tobor from "Tobor the Great" and more. Kinoshita also created "Lost in Space's" iconic flying-saucer-shaped Jupiter 2 spaceship. Kinoshita built the original miniature prototype of Robby the Robot out of wood and plastic by combining several different concepts, according to the Reporter; the Rafu Shimpo reported that he struggled with the design. "I thought, what the hell. We’re wasting so much time designing and drawing one sketch after another. I said to myself, I’m going to make a model," Kinoshita told the Rafu Shimpo in a 2004 interview. "Then one day, the art director sees the model. He says, ‘Give me that thing.’ He grabbed it and ran. ... Ten minutes later, he comes running back and puts the model back on my desk and says, ‘Draw it!’" Watch Kinoshita and his colleagues talking about the construction of Robby the Robot: Robby the Robot's construction The 1956 classic sci-fi movie "Forbidden Planet" — based on Shakespeare's "The Tempest" — went on to be nominated for a special effects Oscar. Kinoshita later served as art director on the 1960s sci-fi TV series "Lost in Space," creating the arm-flailing robot — named B9 — who delivered the classic line "Danger! Danger, Will Robinson!" That robot received as much fan mail as the actual humans on the show, according to the Reporter. Watch the robot's feud with "Lost in Space's" Dr. Smith: The robot vs. Dr. Smith The "Lost in Space" robot even inspired a B9 Robot Builders Club, featured in Forbes. Kinoshita sent a message in 2000 to the club, thanking them for their support for the robot he originally nicknamed "Blinky." "I'm truly flabbergasted and honored by your support for 'Blinky!' It's a well-designed little beauty," Kinoshita wrote. "Your thoughtful remembrance is something we designers seldom are lucky enough to receive." Kinoshita described the thought process behind its design in a 1998 interview. "You're laying in bed, and something comes to you," he said. "Until, finally, you get to a point where you say, 'This could work,' 'OK, let's see what the boss man says.' And you present it to him." He told the Rafu Shimpo that he tried to create his robots to disguise the fact that there was a person inside. "I tried to camouflage it enough so you’d wonder where the hell the human was," he said. Both the Japanese-American Kinoshita and his wife, Lillian, were sent to an Arizona internment camp during World War II, though they were able to get out before the end of the war and moved to Wisconsin, according to the Reporter. While in Wisconsin, Kinoshita learned industrial design and plastic fabrication, designing washing machines for the Army and Air Force before returning to California, according to the Rafu Shimpo. Kinoshita said that he had to overcome racial prejudice to break into working in Hollywood. Kinoshita attributed his long life to clean living — along with daily doses of apple cider vinegar, family friend Clark told the Reporter. Kinoshita also worked as a designer and art director on numerous classic TV shows, including "Kojak," "Barnaby Jones," "Hawaii Five-O," "Bat Masterson," "Sea Hunt," "Tombstone Territory," "Star Trek" creator Gene Roddenberry's "Planet Earth" and more, according to his IMDB. His last TV show was 1984's "Cover Up." Kinoshita grew up in Boyle Heights, according to the Reporter, attending Maryknoll Japanese Catholic School, Roosevelt High School and USC's School of Architecture. His career began with work on 1937's "100 Men and a Girl." Kinoshita graduated cum laude from USC, according to the Rafu Shimpo. Watch Kinoshita speak at his 95th birthday gathering with the B9 Robot Builders Club. He said he hoped to make it to 100, and he ended up doing so. Kinoshita's 95th birthday speech This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it #OscarsSoWhite: Twitter says the Oscars aren't diverse enough By www.scpr.org Published On :: Thu, 15 Jan 2015 15:18:57 -0800 The backdrop of the stage with the Oscar Award is seen onstage during the 84th Academy Awards announcement held at the Academy of Motion Picture Arts and Sciences Samuel Goldwyn Theater on Jan. 24, 2012 in Los Angeles.; Credit: Kevin Winter/Getty Images KPCC staffThe Academy Awards have made history with breakthroughs for minorities in the past — but with this year's nominations, observers are noting how white the Oscars are, with no actors of color nominated in any of this year's acting categories. It marks the least diverse nominations since 1998. People have been speaking out about this disconnect, with films like "Selma" being shut out of the acting nominations (though it did pick up a Best Picture nomination). This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it Los Angeles comedian, 'Parks & Recreation' writer Harris Wittels, 30, dies in possible drug overdose By www.scpr.org Published On :: Thu, 19 Feb 2015 18:08:23 -0800 File: (L-R) "The Sarah Silverman Program" writer Harris Wittels, comedian Sarah Silverman, executive producer/head writer Dan Sterling and actress Laura Silverman, arrive at Comedy Central's Emmy Awards party at the STK restaurant Sept. 21, 2008 in Los Angeles.; Credit: Ethan Miller/Getty Images Mike Roe with Jennifer VelezHarris Wittels, a comedy writer who worked on "Parks & Recreation," has died at 30, the Los Angeles Police Department's Jane Kim tells KPCC. Wittels was discovered by his assistant around 12 p.m., Kim said, and was already dead. Kim said that Wittels' death was a possible overdose, but that the Coroner's Office would determine the cause of death. Wittels had attended drug rehab twice. Comedy Central, where Wittels worked on "The Sarah Silverman Program" and "Secret Girlfriend," confirmed Wittels' death, as did the comedy show he appeared at Wednesday night. Comedy Central tweet Meltdown Show tweet Wittels was also well known for his @Humblebrag Twitter account and later book, helping to popularize the idea online of the false modesty of bragging while trying not to look like you're bragging. Wittels had spoken about his struggles with addiction in places including Pete Holmes's podcast "You Made It Weird" in a November episode. "I just really stopped caring about my life," Wittels said on "You Made It Weird," explaining how he got into doing drugs. "I just really started to think, well, if I'm only here for 80 years, then who cares if I spend it high or not?" Wittels received his first big break when Sarah Silverman saw him performing comedy and gave him a job writing for her Comedy Central show. Wittels also wrote for HBO's "Eastbound & Down," several MTV awards shows and the American Music Awards. He had a recurring role on "Parks & Recreation" and was a regular guest on the "Comedy Bang Bang" podcast. Comedians, actors and fans mourned Wittels' death online. Harris Wittels Storify See Wittels in a scene from "Parks & Recreation": Wittels on Parks & Recreation Listen to Wittels on "Comedy Bang Bang": Wittels on Comedy Bang Bang This story has been updated. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it R-rated Power Rangers fan film pulled from YouTube, but you can watch it here By www.scpr.org Published On :: Thu, 26 Feb 2015 14:15:13 -0800 A still from "POWER/RANGERS," a highly-produced Power Rangers fan film starring James Van Der Beek and Katee Sackhoff. Mike RoeUpdate 2/28: The "POWER/RANGERS" film is back on YouTube and Vimeo. Watch the censored YouTube version with a new viewer discretion disclaimer here: POWER/RANGERS You can also watch the Vimeo version, featuring more adult content. The video's description emphasizes its lack of connection in any official way to the Power Rangers: "Deboot of the Power Rangers. My take on the FAN FILM. Not a pilot, not a series, not for profit, strictly for exhibition. This is a bootleg experiment not affiliated or endorsed by Saban Entertainment or Lionsgate nor is it selling any product. I claim no rights to any of the characters (don't send me any money, not kickstarted, this film is free). This is the NSFW version. An alternate safe version is on youtube." Director Joseph Kahn tells Deadline, "They put these disclaimers on so kids so don’t confuse our super-violent film with their Power Rangers brand. There are no hard feelings. We signed contracts. We can play it anywhere we want on all platforms. I think they realized that people just want to see it." Previously: A Power Rangers short film went viral this week, starring Katee Sackhoff (Battlestar Galactica) and James Van Der Beek (Dawson!) in a Tarantino-meets-sci-fi take on a dark future for the formerly Mighty Morphin'. The company behind the 22-year history of the kids/toy icons issued takedown requests, leading to it being pulled from Vimeo and, on Thursday afternoon, a toned-down version being taken off YouTube. At the time, the video had received over 10 million views. It's still available to watch in this Facebook embed from the producer's Facebook page: POWER/RANGERS Facebook embed The film was directed by Joseph Kahn, best known as the music video director behind clips like Taylor Swift's "Blank Space" as well as videos for Britney Spears, U2 and others, and produced by Adi Shankar, who was also behind "The Grey" and "Dredd." Kahn co-wrote the film with Van Der Beek and lesser-known writer Dutch Southern. This isn't the first quasi-legal fan film produced by Shankar. He's also done the same with Marvel Comics characters the Punisher and Venom. The Punisher film even had one of the actors who played the character on screen, Thomas Jane. Watch those films (Warning: Adult language and violence): Punisher short Venom short Kahn tells HitFix that Shankar came to him, offering him the chance to reboot an existing property. One reason for the current legal contentiousness: The Power Rangers are set to hit the big screen next year in a Lionsgate film. Kahn says that, if that film was offered to him, he wouldn't be interested. "I wouldn't even want to make 'Power Rangers: The Movie' for real," Kahn told HitFix. "Like if I had to make a 'Power Rangers' movie, this is it. It's 14 minutes long, and it's violent, and this is what I have in me. If they offered me the $200 million version, the PG-13 version, I literally wouldn't do it." There's been a strong response to the video, but the response has been mixed — among the original Power Rangers. The original Green Ranger, actor Jason David Frank, said on Facebook that he was approached to be in the movie but declined. (The film's director denies this claim, saying that Frank must have confused them with another project.) Frank also criticized the adult content. "I'm just a PG-13 guy," Frank said. "The cuss words, the drugs, all this other stuff, it doesn't fly with me." He says that he thinks the Power Rangers are still connected with kids, and he didn't like the idea of doing a dark and gritty version in that context. (Watch his video below.) Green Ranger video But the original Pink Ranger, actress Amy Jo Johnson, gave the film her stamp of approval, which Sackhoff enthusiastically responded to. Amy Jo Johnson tweet 1 Amy Jo Johnson tweet 2 Katee Sackhoff tweet Sackhoff told the Nerdcore Movement site that she loves fan films. "Doing a fan video is kind of the biggest honor you can give a franchise. It’s something that inspired you so much that you want to create," Sackhoff said. Kahn defended "POWER/RANGERS" on Twitter as being protected due to it being a satire and also cited fair use laws and free speech. He argued that there are lots of other fan films and pointed out that YouTube showed more leniency, leaving it up. "Every image in POWER/RANGERS is original footage," Kahn wrote in a series of tweets to Vimeo. "Nothing was pre-existing. There is no copyrighted footage in the short." He also said that it's being given away for free and that Kahn paid for it himself. Kahn tweet "It is just as if I drew a pic of Power Rangers on a napkin and I gave it to my friend," Kahn wrote. "Is it illegal to give pic I drew of a character on a napkin to someone for free? No. The world is watching your actions right now." In a touch of irony, the video had been selected as a Vimeo staff pick before the service took it down. They also responded to complaints about it being taken down, saying that they had to due to the Digital Millennium Copyright Act, and that they would restore the video immediately if the copyright claim was withdrawn, telling fans to complain to Power Rangers copyright holder Saban. YouTube tweet Despite the short film's success, hardcore Power Rangers fans are less sure about it, Shamus Kelley tells KPCC. Kelley created his own Rangers fan series, as well as co-hosting a Power Rangers podcast with over 300 episodes so far. Casual fans are "far more open to the idea of dark/gritty because they see it as the show growing up with them," Kelley says. To hardcore fans, "it was either an abomination or the greatest unintended parody ever." Kahn tells HitFix that the parody, of both Power Rangers and fan films in general, is definitely intended. "The dark and gritty reboot thing is such a cliché that the intention was not only to make it dark and gritty but make it even darker and grittier than you could possibly imagine, hence the brains, the blood and the violence and the sex," Kahn said. Kahn is set to answer questions about the film in a Reddit AMA on Friday at 2 p.m. We'll have to wait and see if there will be anywhere to watch it at the time. Take a look behind the scenes of "POWER/RANGERS" via posts from the director and stars: Behind the scenes tweet Behind the scenes Instagram Fight training 1 Fight training 2 The film also includes a techno take on the classic Power Rangers theme song, which you can listen to here: Techno Power Rangers This story has been updated. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it 'Ready Player One' was written using cheat codes — here are our 11 favorites By www.scpr.org Published On :: Thu, 26 Mar 2015 05:30:35 -0700 A Nintendo Entertainment System.; Credit: Mark Ramsay/Flickr Creative Commons Mike RoeThere have been plenty of video game movies over the years, but there have been far fewer actually good ones. "Ready Player One," based on the 2011 video game-inspired novel, has the chance to be a great one thanks to the announcement that Steven Spielberg has signed on to direct. That book was inspired by classic video games, and was written using classic video game cheats to play parts of classic games and write them into his book, author Ernest Cline said in a recent talk. That got us thinking about the classic video game cheats and secrets that stuck with us from our younger days playing classic video games — here's our top 11. 1. The Konami Code Up up down down left right left right B A start! This code became such a part of video game culture that it got its own name. It was popularized in various games made by Konami, particularly Contra, leading to it also being known as the "Contra Code" for its ability to give you 30 lives in the game. Before the Internet, it was spread through gaming magazines and word of mouth — it was so influential that there are still developers who put it in their games. (There's even an entire Wikipedia page of games, both from Konami and others, that use the Konami Code. It's even been used on some websites.) What is the Konami Code 2. Street Figher II Turbo's turbo The game that I actually used a code for the most as a kid, the Super Nintendo code down, R, up, L, Y, B on the second controller didn't give you any advantages — it just kicked the speed up. By default, you had a few selections for how fast the game would be, but you could multiple that several-fold with this code, letting you and your friends battle at what at the time felt unbelievably fast. 3. Super Mario Bros.'s Minus World This one doesn't involve a code, but players managed to discover what was deemed a glitch in the game that put you into a messed up version of another level, dubbed by fans the Minus World due to just "-1" instead of a full level number appearing at the top of the screen. There was no way to escape the glitched level, no matter how hard you might try, sending you to play it over and over again until your time ran out or you were killed by enemies. Still, modern players have found that you can go on thanks to various computer emulators and the like; see some of the worlds beyond below: Minus World video 4. Metroid and Justin Bailey Fans early on discovered that the password JUSTIN BAILEY allowed you to start with all of the available weapons along with plenty of life and ammo. Fans didn't know whether Justin Bailey was a reference to an actual person, just a code coincidence or something else, but that didn't stop them from eagerly playing through with this code. It also removed lead character Samus Aran from her armor, allowing players to discover that the game's star was an early female lead character, even if her armor didn't clue players in before the end of the game without the code. Justin Bailey video 5. Doom's God mode By typing the letters iddqd in PC game Doom, players could enable God mode, making them essentially invincible and letting them power through the early first-person shooter. The code had been available in developer id's earlier game Wolfenstein, but hadn't been quite as easily accessible. So, if you ever need a power boost when you're fighting on Mars, Doom has the answer. (Unfortunately, we don't believe this provides any extra protection for NASA's Mars rovers.) 6. Mortal Kombat's Reptile The developers of Mortal Kombat made a battle against Reptile unbelievably hard for Mortal Kombat fans, including putting some randomness into whether doing what you were supposed to do to unlock the character would even work. Still, players happily pumped in extra quarters for the chance to face off against Reptile, a character with a look that mirrored that of characters Sub-Zero and Scorpion, just with a different color. Players had to achieve a Double Flawless victory on the Pit level, finish the match using their fatality move, and there also had to be a silhouette flying past the moon in the background — which only happened every sixth game. Mortal Kombat: Reptile 7. The Legend of Zelda's Second Quest The Legend of Zelda was a pretty challenging early adventure game, one of the first releases for the Nintendo home video game console. When you beat the game, you were given the option to go on a "Second Quest," which was a tweaked version of the game you just played except waaaaay harder. However, if you thought you were the coolest kid on the block and were so awesome you didn't need a warmup, you could name your character "ZELDA" (in one of the more obvious cheats in video game history) and skip ahead to that Second Quest from the start. You would then likely cry from how hard it was and start another new game with a different name. 8. NBA Jam's celebrity secret characters A variety of celebrities from sports, music, and even politics were available by putting in various initials combined with buttons on the controller. These included then-President Bill Clinton, Al Gore, Warren Moon and more. That tradition has been continued in more recent NBA Jam games, with President Obama and others available for your video gaming pleasure. 9. GoldenEye's extra modes There were a wide variety of cheat codes for GoldenEye, widely considered one of the all-time great first-person shooters. Sure, you could use codes to unlock different levels, but the reason these codes are remembered is because it gave you all sorts of new ways to play against your friends. The game also had an actual cheat menu that would appear if you accomplished one of a variety of goals, and from that menu you could cheat extra hard by using your controller to unlock things like a paintball mode, turbo mode, modes with both giant heads and teeny-tiny James Bonds and more. 10. Sonic The Hedgehog 2's Debug Mode The Sonic debug mode is the perfect example of why so many games included cheats back in the day: They were often for the developers to be able to more easily play the games while looking for bugs and doing other testing. Sonic 2 let you get to an actual debug mode by playing various sounds from the level select screen (1, 9, 9, 2, 1, 1, 2, 4, for your reference), then pressing start and holding the A button. Developers later put them in for fun and intended them for the players to discover, but some of the early cheat codes were just meant for developers — but players proved more intrepid than they may have anticipated. Sonic debug mode 11. Mike Tyson's Punch-Out: Go straight to Mike Tyson There was actually a password mode in this game — before games had the option to save, plenty of games gave you codes that let you get back to where you were before. This is one of the examples from that darker time, where whether you played through opponents like Glass Joe and Bald Bull or not, you could try your changes against Lightning Mike (at least until the video game's license ran out and he was replaced in future editions with the way less exciting "Mr. Dream"). You better have had a pen and paper ready when your friend started yelling at you 007 373 5963 for you to use on your own copy of the game — no sharing. The game is hard enough that even Mike Tyson had some trouble fighting himself: Mike Tyson vs. Mike Tyson Let us know in the comments the classic video games — and the classic cheat codes and secrets — that inspired you. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it Aryza expands partnership with GoCardless to enhance payment solutions By thepaypers.com Published On :: Wed, 13 Nov 2024 15:52:00 +0100 Aryza Group has expanded its partnership with Full Article
it Lacter: Covered California website doing better than federal one By www.scpr.org Published On :: Tue, 15 Oct 2013 12:15:37 -0700 Business Update with Mark LacterThe state's online registration for Covered California has been up for a couple of weeks, and reaction has been mixed. Steve Julian: Business analyst, Mark Lacter, what's your take on how well Californians are getting into the Affordable Care Act? Mark Lacter: It's hard to get a good read, Steve, because it's hard to measure the success of what is really a new marketplace. If you're basing it on the number of unique visitors coming to the Covered California website, well, then the program clearly has attracted lots of interest - they had almost a million visitors during the first week of eligibility. But, maybe a better measure would be the number of people whose applications actually have been received by the insurance companies that are going to handle the claims. If that's your measuring stick, then the numbers have been far smaller so far. Now, it's worth pointing out that California - and particularly L.A. County - have a higher percentage of households without insurance than other parts of the nation, and so you'd expect there to be lots of interest. Julian: So the question, then, is how many folks turn into actual policyholders paying actual premiums each month. Lacter: The truth is nobody knows, which is why state officials want to sign up as many people as possible in the early going when the program is getting so much attention. This is especially true for younger and healthier people who are needed to help offset the cost of caring for older and sicker people. Julian: And, that's also why any computer glitch can be such a headache... Lacter: That's right. Covered California did run into problems in the early going, but everybody agrees that things are going much better than the federal website, which is the default site used by folks in states that don't have their own program to oversee the health care laws. That federal site has been an utter disaster. So, by comparison, California is ahead of the game. Julian: It's a work in progress, even here. Lacter: Very much so. The California website still doesn't have a way for enrollees to find out which doctors and hospitals are included in each health plan. And, that's a big deal because insurance companies are limiting the options available as a way of keeping premiums low. So, it's possible that the doctor you had been using for your individual insurance plan will not be on the list of doctors that can be used for one of the cheaper plans. Of course, for someone who doesn't have any health coverage, none of that is likely to matter. Julian: And then, there's the continued threat of a U.S. default... Lacter: You know, Steve, this is like watching the beginning of a bad traffic accident in slow motion - and we're all pretty helpless to do anything about it. And, so are the financial markets, which are moving back and forth not based on what's going on with the economy or with any industry, but on the latest press conference out of Washington. One thing we do know is that if the nation does go into quote-unquote default - and we're not even sure what that might mean - but if Wall Street and somehow declares this a major crisis, it's going to be bad. Julian: Who gets hit? Lacter: It'll impact anyone who has a retirement account, any business wanting to borrow money, and potentially it's going to impact the budgeting of the state. You know, one of the things we were reminded of during the Great Recession was how reliant California has been on higher-income individuals who make a lot of their money through the stock market and other investments. So, when those folks do well - as they have been over the last year - the state coffers will do well. And when they don't, as was the case in 2008 and 2009, the state takes a huge hit because there's not enough tax dollars coming in. Gov. Brown and others have tried to lessen the reliance on those top tiers - so far without success. Julian: And the state's budget situation is so much better than it was a year or two ago. Lacter: That's the real pity. And, even if the House and Senate reach a temporary agreement on the debt ceiling, it's just a matter of weeks or months before another deadline crops up - and more uncertainty for the financial markets. I guess Chick Hearn would have called this nervous time. Mark Lacter writes for Los Angeles Magazine and pens the business blog at LA Observed.com. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it Opportunity Arises for Co. With Cell Pouch By www.streetwisereports.com Published On :: Tue, 12 Nov 2024 00:00:00 PST Source: Dr. Douglas Loe 11/12/2024 This medical device owner could team up with a biotech firm that just prioritized its diabetes program, noted a Leede Financial Inc. report.Sernova Corp. (SVA:TSX.V; SEOVF:OTCQB; PSH:XERTA) should benefit from Sana Biotechnology's recent prioritization of its diabetes-targeted cell therapy programs, reported Leede Financial Inc. analyst Dr. Douglas Loe in a Nov. 6 research note. Now Sana's clinical programs in oncology and Huntington's disease are a secondary focus. "Our model assumes that Sernova's cell reservoir device Cell Pouch will itself remain focused on Type 1 diabetes, and we are thus encouraged to see a U.S. peer prioritize its pipeline in ways that are consistent with our own views on how priorities in regenerative medicine will evolve in coming years," Loe wrote. 500% Potential Return Leede has a CA$1.50 per share target price on Sernova, trading at the time of the report at about CA$0.25 per share, noted Loe. "At current price levels, our price target corresponds to a one-year return of 500%, a return that we believe is imminently achievable by 2025E but likely with a milestone-driven, and not a linear, trajectory," the analyst wrote. The company is a Speculative Buy. Synergistic Potential Exists Loe highlighted that Sernova and Sana could benefit from aligning their programs, on a timeline providing synergies to both. "We are encouraged to see a leading regenerative firm choose to expedite its diabetes cell therapy program in preference to other initiatives that it could fund if it chose to," Loe wrote. "This is consistent with our own view that the most attractive medical market for regenerative firms, and for Sernova, to target is the large and growing diabetes market both for economic and technical reasons." Sana's Diabetes Programs Sana's primary focus is its program to treat Type 1 diabetes with its Phase 1-stage, hypo-immune platform (HIP)-modified primary pancreatic islet cell therapy UP421 and its preclinical HIP-modified, stem cell-derived pancreatic islet platform SC451. Through this platform, regenerative cell therapies can be modified genetically to evade immune detection post implantation. This is achieved by reducing expression of major histocompatibility-complex, classes one and two human leukocyte antigens while increasing expression of CD24. This is a surface protein found on stem cells in the pancreas. Sernova's Cell Reservoir Platform As for Sernova, it has a well-vascularized, sustainably functioning cell reservoir platform, Cell Pouch, proven for some time. Development of regenerative islet platform technology is now catching up. Sernova has a clinical trial underway that combines the two technologies. This Phase 1 trial in diabetes, in partnership with the University of Chicago, already has shown "impressive long-term insulin independence data" up to five years in some study participants. This is "well beyond what we believe is a reasonable threshold for the U.S. Food and Drug Administration to require for future Cell Pouch approval, at least for Type 1 diabetes," Loe wrote. Currently, with regard to this program, Sernova optimizing background immunosuppression in Cell Pouch patients. Details of its new immunosuppressive regimen are expected in the biotech's next Phase 1 study update, likely in early H1/25. "Future enrollees could be subjected to novel immunosuppressive therapies that conceivably could extend islet survival and perhaps even reduce the immunosuppressive burden that transplant patients must endure at present," Loe commented. Further, Sernova is considering conducting a Phase 1 study using its Cell Pouch and Evotec AG's stem-cell-derived iBeta platform to treat diabetes. Before this can happen, though, Evotec needs to be able to produce iBeta at a clinical scale, which Loe expects can happen by H2/25. "We see no reason why Sana and its UP421/SC451 modified islet platforms could not be incorporated into a Cell Pouch environment as a way to sustain their therapeutic half-life in the body post-implantation," wrote Loe. Possible Stock Price Movers Loe provided a handful of potential catalysts for Sernova's share price. They are: 1) Sernova's conclusion of its ongoing Phase 1 study in Type 1 diabetes with the University of Chicago, which Loe asserted should happen a quickly as possible given available capital. Also, the biotech should incorporate into this trial or a separate one to commence soon after, regeneratively produced pancreatic islets. 2) Sernova, in partnership with Sana, launching a Phase 1 iBeta/Cell Pouch trial late next year, which could boost Sernova's share price. 3) Sernova identifying additional developers of regenerative cell therapies with which it could combine Cell Pouch in mutually beneficial ways. 4) Sernova starting clinical programs in hemophilia A and in thyroid disease, expected to happen in the coming quarters. 5) Sernova incorporating its confocal cell coating technology into one or more future protocols for stem cell-derived pancreatic islet production, even its current Phase 1 diabetes trial with the University of Chicago. Before this can happen, however, coating polymer composition and manufacturing methodologies must be honed to meet good manufacturing practices specifications. Sign up for our FREE newsletter at: www.streetwisereports.com/get-newsImportant Disclosures: Sernova Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Sernova Corp. Doresa Banning wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. This article does not constitute medical advice. Officers, employees and contributors to Streetwise Reports are not licensed medical professionals. Readers should always contact their healthcare professionals for medical advice. For additional disclosures, please click here. Disclosures for Leede Financial Inc., Sernova Corp., November 6, 2024 Important Information and Legal Disclaimers Leede Financial Inc. 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it Be it ever so humble... By www.scpr.org Published On :: Tue, 04 Sep 2012 12:52:31 -0700 Larry MantleIt’s good to be back in Southern California after a week in the hothouse of Tampa. I mean that in both the weather and political senses.Even though we were largely inside from 9 in the morning to 11 at night, every trip outside provided exposure to extreme humidity and more than 90-degree temperatures. Couple that with a long wait through security to get back into the building and there wasn’t much incentive to go anywhere.On the political side, I forget (or block out) how intense these party conventions can be. It’s an alternate universe, where most everyone recognizes even minor national political figures. It’s like walking through Beverly Hills with an editor from People magazine.It makes me feel at a bit of a disadvantage, as a generalist who talks a lot of politics, but doesn’t devote himself to it exclusively. When you hear some of the political reporters from around the country, there are times it sounds more like advanced math than policy. From delegate counts to Congressional seats in play to dueling budget scenarios, it gets highly detailed very quickly. The first couple of days of the convention, I feel like I’m trying to catch up and get my head around all the subplots.Of course, just as I start feeling like I’m getting it down, we come home. Regardless, I have terrific memories of the week. Out team of producers, engineers, and reporter Frank Stoltze really enjoyed working together on your behalf. Let’s do it again in four more years.This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it The debate awaits By www.scpr.org Published On :: Tue, 16 Oct 2012 16:28:18 -0700 Larry MantleI’ll be live tweeting @AirTalk tonight during the debate. Of greatest interest to me about President Obama is whether he’ll be able to crisply make his arguments and maintain a high level of energy for the full 90-minutes. With Mitt Romney I’ll be looking to see whether he can loosen up in the town hall format and make a good connection with the questioners. What was most striking for me about the first debate was how strongly Romney played with women. That had been a huge problem for him throughout the campaign. In fact, a couple of months ago I joked about the “ten single women in the country who were voting for Romney.” He found a way to connect with women two weeks ago and he’ll attempt to build on that tonight. The President, obviously, hopes to reverse his loss.This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it Obama strong, rubber match awaits By www.scpr.org Published On :: Wed, 17 Oct 2012 10:28:17 -0700 Larry MantleIn the second of the three Presidential debates, President Obama displayed the passion he lacked the first time around. He also made his arguments more concisely, and didn't shy away from direct engagement with Mitt Romney. Snap polls after the debate show most viewers and listeners though Obama won the debate, though the percentages weren't nearly as overwhelming as Romney's advantage last time out. Will the President's apparent victory show up in the polls as dramatically as Romney's previous win? What will the stakes be like for next Monday's final, tie-breaking, matchup? This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it The challenges of debate moderating have grown along with partisan differences By www.scpr.org Published On :: Mon, 22 Oct 2012 11:06:08 -0700 US President Barack Obama and Republican Presidential nominee Mitt Romney debate on October 16, 2012 at Hofstra University in Hempstead, New York. Undecided voters asked questions during a town hall format.; Credit: STAN HONDA/AFP/Getty Images Larry MantleThere continue to be questions about how moderators approach Presidential debates and about whether the extra time President Obama has received in the first two debates indicates moderator bias in his favor. I had chalked up the concerns to Republican hyper-partisanship, such as we saw with many Democrats criticizing Jim Lehrer for his moderating — as though Obama would’ve won the first debate if only Lehrer had asserted himself more. However, even CNN has been doing significant follow-up on its own Candy Crowley’s performance in debate number two. Maybe it’s not just hardcore GOP loyalists who are questioning Crowley’s decision-making on when to cut in and when to allow the candidates to take more time. I thought she did pretty well, but there are plenty of critics. As someone who has moderated hundreds of debates, I thought I’d share my thoughts on what we’ve seen so far in this election. Though I’ve never moderated a Presidential debate, with its incredible level of attention, concern about rules, and demands by campaigns, there are certain fundamentals regardless of the office or issue at stake. Time Doesn't Matter...Too MuchFirst, as strange as this may sound, the time taken by each candidate has little to do with who has an advantage. Yes, it’s always possible for a candidate to use another minute to fire off the defining line of the night. However, the well-practiced zingers or essential policy explainers are not left to the end of a candidate’s statement, as the clock is running out. I’m sure Mitt Romney wasn’t thinking after the last debate, “If only I would’ve had that extra 90-seconds, and Obama hadn’t gotten 90 more than he deserved.” Both men front-loaded their major talking points and were going to get them in. Neither man could legitimately say he didn’t have a chance to make his strongest points. At some point, a time advantage could make a difference in who wins or loses, but an extra 90-seconds in a debate longer than 90-minutes isn’t going to do it. Serving The AudienceAs a moderator, you also have to think about what best serves your audience. I never guarantee candidates equal time, as it’s my job to serve the listeners, not their campaigns. I strive to get close to equal time, but can’t make any guarantee. Some speakers get to the point succinctly and have their points well put together. Others are messier in their arguments and eat up time just building up any head of steam. If the moderator holds to a strict time limit, you run the risk of frustrating listeners by cutting off the rambler just as the candidate is getting to the point. There are methods a moderator can use to help guide the speaker toward being more succinct, but there’s no guarantee the person will be able to comply. Isn’t this inherently unfair to the succinct speaker? No. The purpose of the debate is to allow the ideas to compete. It’s not a boxing match that’s about landing punches in a given time. The succinct debater has a big advantage, regardless of how much time the candidate has. That’s why Mitt Romney’s victory in the first debate was so lopsided — he won on the conciseness and clarity of his answers, coupled with Obama’s inability to get to his central points. Obviously, there are those who thought Obama’s arguments were still more compelling than Romney’s, and that Romney lacked essential details. However, for most viewers of the first debate, it was stylistically no contest. Equal Time Is Not A GuaranteeWhen candidates are allowed to talk to each other directly, it’s very difficult to assure equal time. Even CNN’s clock that registers elapsed time for each candidate is subject to squishiness. Unless a debate is extremely formal, with carefully controlled time limits and a ban on candidates following-up with each other, you’re only going to have an approximation of time balance. I thought Crowley did pretty well to land the second debate with the balance she did. I’m not sure I could get it that close for a debate of that length. She had the added challenge of trying to determine when to cut in on President Obama’s lengthier answers. Also, Romney’s speaking rhythm allows more space for interruption. It’s tougher to break in on Obama. Moderating Is A Balancing ActModerators are always trying to balance a need to move on to the next topic with allowing a candidate to answer an opponent’s charge. Sometimes, you open that door for a candidate, only to regret it later when the politician starts into a monologue, instead of confining the response to the previous challenge. Sometimes moderators, having gotten burned, will become less tolerant of such expansive rebuttals, as the debate goes on. Moderators are always juggling competing goals, and it’s a difficult job (at least for me). Unfortunately, there are those who think debate moderators attempt to influence the outcome of the debate and the performances of the candidates. Maybe I’m naïve, but I can’t imagine any journalist who’s worked hard enough to get to the position of Presidential debate moderator subordinating his or her career in an effort to getting someone elected. Mainstream political journalism is like national sports reporting. You really don’t care who wins the Super Bowl, you want great story lines to explore with your audience. Yes, sports reporters have affinities for the hometown teams of their youth, but that can’t compete with the professional goal of covering great stories. Yes, most journalists in mainstream media probably have a stronger cultural and political affinity for Obama, as he’s more like them. However, it doesn’t mean a journalist is going to sacrifice the better story to intentionally provide a benefit to the President. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it It was a remarkable show of listener generosity and commitment By www.scpr.org Published On :: Wed, 14 Nov 2012 14:45:17 -0800 Larry MantleHis expression said it all. KPCC Director of On-Air Fundraising Rob Risko walked into my studio about 10:45 a.m. to update me on where we stood with our Fall member drive. I knew we had a $10,000 challenge that had started first thing in the morning, but didn't have any idea how far behind we had fallen in reaching the required 1,000 member threshold. Rob gave it to me straight -- we had to attract well over 500 members during "AirTalk" to meet the challenge. I knew that was nearly impossible during a full two-hour show, let alone one that would be significantly pre-empted by the President's news conference. Regardless, I knew we had to do our best and hope our listeners would contribute in a record-setting way. Boy, did they. We didn't start our show until 11:25 a.m., following the news conference. Right off the bat the phones started ringing and the KPCC website starting humming. The volume of member contributions stayed high with only a few exceptions. There were times we could barely keep track of how many members were coming in. It was one of the most exciting and rewarding experiences I've had in all my years hosting "AirTalk." I've been on a high all afternoon thinking about how commited our listeners are to the mission of KPCC. You've made me very happy, and very proud of our audience. Thank you for a wonderful show of support. I will long remember this day. By the way, we set a fundraising record for "AirTalk" with today's show. We're still tallying it all up. I'll have the totals for you tomorrow morning at 11. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it The "amazing" list of banished words is "literally" "awesome" By www.scpr.org Published On :: Wed, 02 Jan 2013 16:06:57 -0800 Larry MantleWhen "Offramp" host John Rabe's father, Bill, created the list at Lake Superior State University in Michigan he likely didn't know it would thrive nearly 40 years later. As language evolves there should never be a shortage of words and phrases we want to "kick to the curb." This morning on "AirTalk," I asked listeners to pick the ones they "hate on." We got some good ones, including my overused "unpack," as in "let's unpack that idea." Falling into word patterns can happen so subtly that we don't even know it until someone points it out. My nomination for the list -- "it is what it is." What are yours?This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it IT'S TAXING By www.scpr.org Published On :: Mon, 24 Apr 2017 00:00:00 -0700 The Loh LifeShout out to my 20 million brothers and sisters- The one in seven U.S. taxpayers who waited until the last minute to file. This year, the IRS even gave us 'til April 18th- So the 18th is when I filed- For my extension! See you in October! In my defense, it was not due to lack of effort. It feels like I spent 200 hours on my taxes this year, because they were unusually complicated. Back when I was in my twenties? Much effort was put into stacking red milk crates for bookshelves and trying to fold up a futon without mangling my fingers-30 years later, I'm trying to do really smart grown-up things. To wit, my life partner and I have been business partners for almost 20 years. We used to be young- Now we're-ahem-"less young"- Picture the Boomers you see in those ads, silver-haired, in wet suits, running towards the ocean with surfboards, very at peace with nature and our fully-funded 401-K plans - Except that we don't surf and, regarding those 401-K plans? Well, what I have written on the notepad I stole from Charles Schwab is- And I quote: "Retirement and write it off, and something about medical." When I look at this enigmatic scribble, an image comes to me: A friendly thirty-something man dressed in charcoal gray business casual- And a desk, and a plant- And that man is saying: "Sandra, by all means, you need to form a C corp! NOT an S corp!" But wait, is that what he said? Maybe it was: "Sandra, by all means, you need to form an S Corp! NOT a C corp!" It was like being in school and confronting a page of long division- Or sitting in a deadly after-lunch class like "US Government"- There's this mix of incomprehension, coupled with boredom, that makes it all sound like white noise. S corp, C corp- These things involve a part of my brain that refuses to fire. All I know is there was one kind that was right, it's not the one I did, at some moderate expense, and now I'm going to jail. Where at least I won't have to fold a futon. I think. Next week: Separate Bathrooms, Separate Quicken Accounts This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it IT'S TAXING By www.scpr.org Published On :: Mon, 01 May 2017 00:00:00 -0700 The Loh LifeDave Ramsey— The financial radio talk show host— Says every couple has two people. One is the nerd with the calculator. The other is the spendy free spirit. In my couple, I am the nerd. I am calmed by a seven-by-seven Ken Ken and a mechanical pencil. No surprise that I have used Quicken now for several decades. But it seems in the last five or 10 years— What with the Russian hackers stealing our info to get porn— The cheapo, Windows-based laptops Quicken favors have gotten very buggy. So buggy, I bought a sacrificial Dell laptop just for Quicken. But even that lasted barely six months without crashing. So Charlie, the free spirit, took over paying the bills! Writing checks by hand! Notating them in a large, impressive leatherette binder! The checks are pretty—tan and sort of antique-looking. There's a stagecoach on them. This was all charming until I realized it was tax time. To get all my financial info into the computer, I was going to have to hand-enter each check. With a quill pen and a butter churn. While in the joyous process of hand-inputting each check that went out in calendar year 2016— I learned some interesting things! That beautiful 8-lane highway we drove on that time we visited friends in Orange County? That was a toll road that we apparently didn't pay for. 250 dollar fine! Plus--We're subscribers to something called Cook's Country Magazine, even though I am NOT into "homestyle cooking." And -- we've been paying hundreds of dollars a month for gym memberships that I didn't know we have! Argh! Losing it, I throw in the towel and buy myself my own personal version of Quicken—for Mac— There's a help line to call— And unbelievably, an operator immediately answers. He's a courteous gentleman with a lilting, slightly British accent. He answers my "sign in" question, and asks: "Do you want me to stay on the line while you try it?" "Sure!" I say, surprised. We click pleasantly through a few more windows— He's marvelously patient, and attentive— Wanting to be entertaining, I actually start reciting my passwords aloud as I type them. "Let's see—2, 3, 4—asterisk, star, Sparky Sparky, that was my first pet— "Now I'm actually going to have to go downstairs to get my purse," I say, "and maybe go to the ladies' on the way 'cause I've had a lot of coffee— " "It's fine!" he says— "Well you can continue playing Solitaire or whatever you're doing!" I say. And he chuckles! Doing your taxes? It takes a village. And a butter churn. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it SUMMER FAMILY VISIT By www.scpr.org Published On :: Mon, 04 Sep 2017 00:00:00 -0700 The Loh Life So— We just had our big summer family reunion at a lake in Wisconsin. You know what they say about family gatherings— That you should never discuss religion or politics— And we don't plan to— But because my older daughter Maddy has already started school back in LA and she doesn't want to fall behind in her homework—? While everyone else is fishing or swimming or prepping the barbeque— Maddy needs to works on her collage. . . for U.S. History. The theme? What does her generation think is the biggest problem facing the U.S. Right away, we're in crisis mode. We have to find an art store to procure poster paper, a glue stick, highlighters, scissors and three current periodicals. I remind this L.A. teen that we are deep in the woods of Wisconsin -- Yelp says the nearest "craft supply" store is a "Ben Franklin on Wachookooheesha Lake" an hour away. So instead we drive 20 minutes to "Trig's" grocery store— "Oh, and can you pick up tortillas and cilantro?" my partner Charlie calls out. "Sure!" I say. "Cilantro! That's what we came to Wisconsin for!" Trig's has tortillas, but no cilantro. More importantly, there are no scissors, no highlighters. There are glue sticks, and envelopes we can glue together to make poster paper. There are of course plenty of periodicals. There's Musky Hunter Magazine, Catfish Insider, Log Cabin, Gun Dog Magazine and a glossy publication called Concealed Carry. Which aside from guns, has a surprising amount of fashion—jeans and cargo shorts with many pockets for— You know! For a Blue State metropolitan girl like my 16 year old, this glimpse of the magazine tastes of rural Wisconsin is a fascinating sociological journey. She reads eagerly from her trove to her boyfriend, safely back in land-locked Northridge— Until I tell her to get off the phone because my GPS lady is now lost and taking us in circles. "Harris Creek, Harris Lane, Harris Creek Lane, Harris Bog?" "Oh, we'll find it," she says breezily, continuing to chat about Musky Hunters. And I'm going, "Hey City Girl, this isn't the Galeria. We are seriously lost. In the back country. And all we've got to defend ourselves is a package of tortillas and Concealed Carry Magazine." (hum the Deliverance theme) Next week: Dog Fight. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it Palm Springs Film Festival: A celebrity warm-up for Oscar By www.scpr.org Published On :: Mon, 05 Jan 2015 13:42:50 -0800 Actors Benedict Cumberbatch and Sophie Hunter arrive at the 26th Annual Palm Springs International Film Festival Film Festival Awards Gala at Palm Springs Convention Center on January 3, 2015 in Palm Springs, California.; Credit: Frazer Harrison/Getty Images R. H. GreeneThe 26th Annual Palm Springs International Film Festival opened this weekend, distinguished by robust audience turnouts, megawatt celebrity visitations and constant reminders of the unique space PSIFF occupies and the specialized services it provides to Hollywood. Falling as it does just before Sundance and just after the Golden Globes nominations, Palm Springs is as much a part of the awards season calendar as it is the festival circuit. Big ticket screenings are presented with all the photo op pomp that would greet a major world premiere at, say, the Los Angeles Film Festival, but in many cases this is to build buzz for (or to re-energize) films that are already in theaters. At Sundance or Tribeca, the suspense is usually about whether the films in competition will get good reviews and/or find distribution. At Palm Springs, especially on opening weekend, it's more about whether you'll run into Brad Pitt in the guest and industry suite at the Renaissance Hotel. At the PSIFF awards gala, Golden Globe nominee Reese Witherspoon took home the oddly gender specific Chairman's Award for her performance in "Wild." J.K. Simmons received something called a Spotlight Award for his superb turn as the menacing music instructor in "Whiplash." David Oyelowo grabbed the "Breakthrough Performance Award (Male)" for depicting Martin Luther King Jr. in "Selma." Brad Pitt's sing-along presentation of Oyelowo's award became the meme for much of the post-event press coverage. Sing-a-long with Brad Pitt Rosamund Pike got the "Breakthrough Performance Award (Female)" for "Gone Girl." Michael Keaton presented the Director of the Year award to his "Birdman" collaborator Alejandro G. Iñárritu. And the Palm Spring Convention Center stage was home to two young British heartthrobs who are in Oscar contention this year for period biopics about scientific genius: Eddie Redmayne, who grabbed the Desert Palm Achievement Award (Male) for portraying ALS sufferer Stephen Hawking in "The Theory of Everything," and Benedict Cumberbatch, who split glory with the cast of the Alan Turing biography "The Imitation Game" as co-winner of the Ensemble Performance Award. The Desert Palm Achievement Award (Female) went to Julianne Moore in the Alzheimer's drama "Still Alice." Every single one of the movies honored is in theaters now, almost all of them in the midst of slowly expanding release patterns as they mount their long slow march toward the Academy Awards. The generous "one award per movie" policy and the care with which PSIFF avoids alienating celebrity affections by giving out trophies with such blunt and unequivocal titles as "Best Actress" or "Best Actor" mark the PSIFF awards gala as a psuedo-event: a kind of open-armed Hollywood team huddle before things get grim and serious with the Oscar announcements at the end of the month. Even an Oscar-worthy oddity like Richard Linklater's "Boyhood" managed to find a place in the parade, with Linklater, who directed Shirley MacLaine in the 2010 black comedy "Bernie," presenting the 80-year-old actress with the Sonny Bono Visionary Award, essentially for career achievement. Meanwhile, the festival's generous supply of indie, studio and foreign movies churned away in various local movie theaters, a really quite remarkable cluster of buzzworthy pictures, almost all of which have played elsewhere, including at Sundance and Toronto and Tribeca, and in many cases at your local multiplex. This programming approach can be a double-edged sword. Director Ava DuVernay, whose civil rights-era epic "Selma" opened the festival, was unable to stay for her full run of Palm Springs personal appearances because her movie has been out long enough to spark a rather bitter controversy over its depiction of President Lyndon Johnson. DuVernay abandoned a Palm Springs Q and A in order to defend her film on Charlie Rose. While some audience members were bitterly disappointed at missing the chance to hear one of this year's golden ones, I'm sure the PSIFF Board of Governors understood completely. This time of year, you have to play the long game, and, in the words of the civil rights anthem, "keep your eyes on the prize." Off-Ramp contributor R.H. Greene, former editor of Boxoffice Magazine, is in Palm Spring this week to cover the 26th Annual Palm Springs International Film Festival. Look for his missives here, and listen Saturday to Off-Ramp for his report on the festival. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it Anna Mastro's debut 'Walter' epitomizes Palm Springs Film Festival By www.scpr.org Published On :: Thu, 08 Jan 2015 12:46:47 -0800 Andrew J. West stars in Anna Mastro's "Walter"; Credit: "Walter" R.H. GreeneIt's always dicey to characterize a major film festival based on the movies you personally see there, because no matter how diligent you try to be, your impression will always be statistically anecdotal. I'll see perhaps 10 percent of the films at this year's Palm Springs International Film Festival by the time they roll up the red carpets for the final time, added to the 25 or so I'd watched before I got here, owing to the festival's unique programming policies. Not bad considering there are 190 movies being screened. So I think I've got the feel of things here. I wouldn't want my doctor to diagnose me based on a test with a 35 to 40 percent chance of accuracy, but I'm not a doctor. Instead of "Do no harm," I quote Spencer Tracy to myself. He said the secret to the creative process is to "just look 'em in the eye and tell 'em the truth." And the truth is, with the exception of a couple of documentaries and a horror movie, virtually every film I've seen at Palm Springs so far shared some obvious characteristics: the Palm Springs International Film Festival loves it some poignancy and affirmation. I've already commented on "Match," the Patrick Stewart acting showcase, and "Cowboys," a very funny Croatian comedy with cross-currents of seriousness. I may comment later about "Today," Iran's Oscar submission. (It's terrific by the way, a deeply affecting story about a burnt out cab driver who gets yanked into the world of a battered, unwed mother who steps into his cab.) (Still from "Today” (Emrooz) by Iranian filmmaker Reza Mirkarimi) I also saw an Anne Hathaway passion project called "Song One" here. I'm not going to write about it because I'm not in the mood to stomp on somebody else's butterfly. Plus the dramedy "1001 Grams" by the splendiferous-ly named Norwegian Bent Hamer, whose deadpan satire is routinely compared to Jacques Tati. WATCH the official trailer for "1001 Grams," which includes some foreign languages At their best, these are all movies that want to move the audience to tears before bouncing a ray of hope off the screen at them. At their worst, these movies are about pain in the same way Novocain is. They acknowledge its reality, in order to neutralize it. Filmmaker Anna Mastro's debut film "Walter" (one of the Palm Springs premieres) fits what seems to be the festival's programming model, too, and is, I think, a really quite appealing little indie film, with the by now familiar mildly magical realist bent. It's is a story about grief, though one with a screwball premise so that it doesn't quite present that way at first. Walter (portrayed with charisma and nuance by Andrew J. West) is a 20-something slacker, but a very uptight one, with a soldier's commitment to dress and routine. He still lives with mom (Virginia Madsen, now shifting toward the character actress portion of her career with ease and grace) and has a job one rung above fast food worker on the ladder of success: He's a ticket taker at the local multiplex. But what the world surely sees as failure, Walter knows to be his cover for a far more important vocation. Walter's father died when he was just 10 years old; ever since the funeral, Walter has realized something we don't: His real job in life is to decide where people go after they die. His snap judgments secretly send people to heaven or hell ... until a dead guy from Walter's past shows up and demands that Walter determine his fate, and then all hell breaks loose. It's an odd premise, bordering on the labored, but Mastro and her extremely appealing cast pull it off, in part by wearing their influences on their sleeves. The fingerprints of Wes Anderson are all over this picture, especially in terms of the way shots are framed and music is used, and I was able to identify the pivotal contribution of "Beasts of the Southern Wild" co-composer Dan Romer by ear, long before I noticed his screen credit. I suppose that's supposed to be a damning criticism of a first-timer, but I don't see it that way. Tarantino aped Scorsese for years and virtually remade a minor Hong Kong gangster picture when he debuted with "Reservoir Dogs." Spielberg acknowledges his debt to David Lean. Hitchcock's apprenticeship at Germany's UFA film studio resulted in a lifelong visual and thematic debt to the great Expressionist master Fritz Lang. The question is, what do you do with your influences, how do you make them your own? And Mastro — who has a real gift for casting, pacing a scene and maneuvering her actors easily between farce and seriousness — has her own talents. She understands how Anderson's visual syntax has become a cinematic shorthand for quirk, and she deploys it to that effect, then tells the story at hand. There are some issues with that story, though. There's a girl in concessions (Leven Rambin) Walter likes, and there's a bully at work. For all its surface oddity, the mechanical underpinnings of "Walter" frequently feel like they belong in an "American Pie" sequel. And yet this movie won me over. I liked its faith in the movie palace as a place that still vibrates with the marvelous. I found a dream sequence, where Rambin undresses to camera while sprawled on a rich yellow bed of movie house popcorn hilarious and deeply expressive. But I think my affection for this picture is mostly centered on Mastro and her cast, which includes a standout performance by Justin Kirk as a very grounded ghost and a broad but successful cameo from William H. Macy as Walter's psychiatrist. They're all groping toward something rather grim and real about loss, while doing their best to serve up some laughs and wonder along the way. It touched me, because it feels kind of wise. Off-Ramp contributor R.H. Greene, former editor of Boxoffice Magazine, is in Palm Spring this week to cover the 26th Annual Palm Springs International Film Festival. Look for his missives here, and listen Saturday at noon to Off-Ramp, when he'll interview Chaz Ebert about her late husband Roger Ebert's contributions to the film festival circuit. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it Wil Wheaton and other Star Trek alumni perform in 'War of the Worlds' benefit By www.scpr.org Published On :: Wed, 14 Jan 2015 05:30:14 -0800 John RabeThere are still a couple dozen tickets left for one of the most interestingly-cast performances of H.G. Wells, Orson Welles and Howard Koch's "War of the Worlds." On Saturday, Jan. 17, generations of Star Trek actors will take on the world's most famous radio show. The cast — directed by Jim Fall — features: René Auberjonois (“Star Trek: Deep Space Nine”), Michael Dorn (“Star Trek: TNG”), Dean Haglund (“The X-Files”), Walter Koenig ("Star Trek"), Linda Park ("Star Trek: Enterprise"), Jason Ritter (“The Event”), Tim Russ (“Star Trek: Voyager”), Armin Shimerman (“Star Trek: Deep Space Nine”) and Wil Wheaton, playing... Orson Welles. The performance is a fundraiser for Sci-Fest LA, the new annual science fiction play festival, so tickets aren't cheap — but they're scarce, and this looks like a memorable night. KPCC and "Off-Ramp" celebrated the 75th anniversary of the broadcast last year by distributing the original 1938 performance, and a new documentary, internationally... introduced by George Takei, another original Trek actor you might have heard of. War of the Worlds: Sat., Jan. 17, 8 PM; The Acme Theatre, 135 North La Brea Ave. LA CA 90036 This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it Shogun Santa Returns to Little Tokyo After Tragic Loss By www.scpr.org Published On :: Thu, 19 Dec 2019 01:06:00 -0800 Mike Okamoto poses as Shogun Santa with visitors to Japanese Village. ; Credit: Chava Sanchez/KPCC Josie HuangLA’s Asian Santa tradition is back. Shogun Santa has returned to Little Tokyo after a big loss in the community last year. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it Iranian General's Killing Stirs Strong Emotions In L.A.'s Iranian Community By www.scpr.org Published On :: Fri, 03 Jan 2020 00:11:00 -0800 Albert Rad, a mobile phone wholesaler who fled religious persecution in Iran decades ago, said that he fully backs President Trump's decision to assassinate Iran's top military commander. ; Credit: Josie Huang/LAist Josie HuangLos Angeles is home to the largest Iranian population outside of Iran. The killing of top Iranian commander Qassem Suleimani is generating some strong emotions here. KPPC’s Josie Huang reports from Persian Square in Westwood. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it Special Report: Deceit, Disrepair and Death Inside a Southern California Rental Empire By laist.com Published On :: Wed, 12 Feb 2020 08:00:00 -0800 ; Credit: Illustration: Dan Carino Aaron Mendelson | LAistBedbugs. Mold. Typhus. The list of problems at some of Southern California’s low-rent properties is extensive. Many of the tenants who endure these issues all have one thing in common: a management company, PAMA Management, and a landlord, Mike Nijjar, with a long track record of frequent evictions and health and safety violations.Read the full article at LAist Full Article
it SmartBank secures USD 26 million for its personal finance management app By thepaypers.com Published On :: Thu, 14 Nov 2024 09:26:00 +0100 Japan-based startup SmartBank has announced the rise of a USD 26 million funding round, aimed at the development of its personal finance management app. Full Article
it Persona partners with Okta to optimise workforce identity security By thepaypers.com Published On :: Thu, 14 Nov 2024 10:35:00 +0100 US-based identity platform Persona has partnered with Okta to deliver an automated identity verification solution and support organisations to safeguard against phishing and deepfakes. Full Article
it Blink Payments partners with Zedonk and enters the B2B fashion payments market By thepaypers.com Published On :: Thu, 14 Nov 2024 10:46:00 +0100 Blink Payments has announced its partnership with Zedonk, a collaboration that will enable the UK paytech platform to enter into the B2B fashion payments market. Full Article
it Nuvei finalises regulatory approvals for Advent-led acquisition By thepaypers.com Published On :: Thu, 14 Nov 2024 10:50:00 +0100 Canada-based fintech firm Nuvei has announced that it has obtained all necessary regulatory approvals to move forward with its acquisition by Neon Maple Purchaser. Full Article
it Alchemy Pay obtains 4 new Money Transmitter Licences By thepaypers.com Published On :: Thu, 14 Nov 2024 11:43:00 +0100 Crypto payment gateway Alchemy Pay has acquired Money Transmitter Licences (MTLs) in Minnesota, Oklahoma, Oregon, and Wyoming. Full Article
it Citi and Bank of Shanghai to provide optimised solutions for international travelers By thepaypers.com Published On :: Thu, 14 Nov 2024 12:14:00 +0100 Citi has announced its partnership with Bank of Shanghai in order to launch a payment solution for international travelers that visit the region of China. Full Article
it Intesa Sanpaolo partners with BlackRock By thepaypers.com Published On :: Thu, 14 Nov 2024 12:22:00 +0100 Fideuram Intesa Sanpaolo Private Banking (FISPB), Intesa Sanpaolo Group’s private bank, has partnered with BlackRock to advance the expansion of its Digital Wealth Management solution in Italy and Europe. Full Article
it Kinguin partners with Volt to offer Pay by Bank in Europe By thepaypers.com Published On :: Thu, 14 Nov 2024 12:34:00 +0100 Volt has partnered with Kinguin to allow the latter's 18 million users to securely make purchases of games and in-game items through a Pay by Bank option. Full Article
it A brief history of my evening with Stephen Hawking By www.scpr.org Published On :: Fri, 12 Apr 2013 15:54:40 -0700 Patt Morrison and Stephen Hawking at Cal-Tech. ; Credit: Dave Coelho/KPCC Patt MorrisonThe renowned physicist, cosmologist and lover of Indian food is at Caltech for his annual dinner and lecture visit. I broke naan across from him Thursday at dinner, which was cooked by a class of adept Caltech students. I had a short interview with him, and with the student-chefs, which will be airing on “Off-Ramp” soon. As we took the photograph, I had just made a little joke, which accounts for his smile [producer Dave Coelho didn’t get a smile, but maybe he’s not as funny nor as glamorous as I am]. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
it Direct Lithium Extraction Co. Sees Big Capacity, Time Improvements By www.streetwisereports.com Published On :: Tue, 12 Nov 2024 00:00:00 PST Volt Lithium Corp. (VLT:TSV; VLTLF:US; I2D:FSE) says it has significantly improved the operating capacity of its next-generation Direct Lithium Extraction (DLE) technology for processing oilfield brines in Texas' Delaware Basin. Read why one analyst predicts more steady increases. Full Article
it Lithium Exploration Initiative Expands Across Western Greenland By www.streetwisereports.com Published On :: Tue, 12 Nov 2024 00:00:00 PST Brunswick Exploration Inc. (BRW:TSX.V) announced an extensive expansion of its lithium exploration holdings in Greenland. Read more about the strategic land acquisitions set to drive future lithium exploration and development across the region. Full Article
it Minecraft's business model is 'leave users alone' — will it be Microsoft's? By www.scpr.org Published On :: Tue, 16 Sep 2014 14:28:50 -0700 Will Davidson and his Minecraft creation, modeled off the Santa Cruz Mission; Credit: Steve Henn Minecraft is a deceptively simple video game. You're dropped into a virtual world, and you get to build things. It's like a digital Lego set, but with infinite pieces. Its simplicity makes it a big hit with kids, like 10-year old Will Davidson. Last year, Will built a Spanish mission for a school report. He modeled his off the Santa Cruz Mission. "I made a chapel over here," Davidson says. "I also have a bell tower." After he turned in his report, he added a few things. Like skeleton archers. "And zombies ... and exploding things, and spiders, that try to kill you," he said. Minecraft is popular with kids because they're free to create almost anything, says Ramin Shokrizade, a game designer. Also, kids aren't manipulated into clicking buttons to buy add-ons within the game. In other games, designers give players a special power for free at first, then take it away and offer it back at a price. Zynga, the creator of Farmville, calls this fun pain, according to Shokrizade. "That's the idea that, if you make the consumer uncomfortable enough, and then tell them that for money we'll make you less uncomfortable, then [they] will give us money," he says. Kids, Shokrizade says, are especially susceptible to this — and Minecraft has a loyal following, in part, because it doesn't do it. Susan Linn, from the Campaign for a Commercial-Free Childhood, agrees. She says a big reason she likes Minecraft is because after you purchase the game upfront, that's it. "Parents don't have to worry that their kids are going to be targeted for more marketing," Linn says. "How forward-thinking!" But Linn is worried. Microsoft bought Mojang, the company that created Minecraft, on Monday for $2.5 billion, and she says that any time a large company spends billions to acquire a smaller company, executives are bound start looking for new ways to get even more money out of it. Copyright 2014 NPR. To see more, visit http://www.npr.org/. Full Article
it California issues first permits for self driving cars By www.scpr.org Published On :: Wed, 17 Sep 2014 15:07:25 -0700 An image released by Google shows an early version of its driverless vehicle. The company has built several prototypes of the self-driving car.; Credit: /Google California is one step closer this week to making the 1980s Hollywood fantasy of Knight Rider a 21st century reality because permits for self-driving cars issued by the Department of Motor Vehicles officially went into effect Tuesday. Now a handful of companies can test automated cars on public roads. Buckle up — it's gonna be a wild ride. John O'Dell is a Senior Editor at Edmunds.com, and he joins Alex Cohen to talk about what this means for the future of the driverless car industry. Full Article
it With signing of insurance bill, Lyft, Uber ridesharing loophole comes to an end By www.scpr.org Published On :: Wed, 17 Sep 2014 16:24:02 -0700 AB 2293 bans drivers from using their personal policies and mandates that drivers have to be covered from the moment they turn on their app and look for customers.; Credit: Photo by Daniel X. O'Neil via Flickr Creative Commons Amid all the talk about cutting-edge technology, much of Uber and Lyft’s success actually owes to that fact the ride-sharing companies have been able to exploit a basic loophole: The companies foist the cost of insurance on their drivers, but the drivers' insurance companies don’t know they are underwriting cars for hire, and even if drivers wanted to be honest and get a policy that would cover ride-sharing, they couldn’t, because no such policy exists. AB-2293, introduced by Assemblywoman Susan Bonilla (D-Concord) and signed into law Wednesday by Governor Jerry Brown, tries to close the loophole by paving the way for insurance companies to offer hybrid personal/commercial policies by next summer. Uber once derided the bill as a backroom deal between insurance companies and trial lawyers. "The bill does nothing to enhance safety, yet compromises the transportation choices and entrepreneurial opportunities Uber offers Californians," the company wrote in a June blog post that encouraged customers to contact their representatives opposing the bill. However, the company backed down and supported the legislation when Bonilla insurance requirements were lowered. AB 2293 also specifically bans drivers from using their personal policies and mandates drivers have to be covered from the moment they turn on their app and look for customers, which is a response to the tragic accident on New Year's Eve in San Francisco when an UberX driver hit and killed a six year old child. Uber argued that because the driver was waiting for a fare he wasn't working for the company at the time, so he wasn't covered by the company's insurance. Full Article
it Gov. Brown to sign Film/TV production tax credit bill in Hollywood By www.scpr.org Published On :: Wed, 17 Sep 2014 17:12:48 -0700 California Jerry Brown will sign a bill to expand California's film and television tax credit program into law in Hollywood; Credit: Justin Sullivan/Getty Images A moment Hollywood's been waiting a while for will take place... in Hollywood. A ceremony is planned for Thursday morning at the Chinese Theater where Governor Jerry Brown will sign the "California Film and Television Job Retention and Promotion Act" into law. The bill - also known as AB 1839 — will more than triple the funding for California's film and television production tax credit program. The push to expand and enhance the tax credit program has been going on for more than a year. In August of 2013, Los Angeles Mayor Eric Garcetti used the term "state of emergency" to characterize the flight of film and television production to other states and countries. Garcetti is expected to speak at the ceremony. Los Angeles-area Assemblymen Mike Gatto and Raul Bocanegra are also expected to be on hand. They introduced AB 1839 in February and moved it strategically through the legislature in Sacramento. While there were few vocal opponents of expanding the tax credit program, the big question was by how much. Many supporters hoped to see the annual pot raised from the current $100 million to at least $400 million, but an exact dollar amount wasn't specified until very late in the legislative process. In April, the state Legislative Analyst's Office released its hard look at the current tax credit program, pointing out that the state is only getting back 65 cents in tax revenues for every dollar it’s spending on the film and TV subsidy. The bill to expand the program kept moving. California's magic number turned out to be $330 million dollars, not as high as chief rival New York State's $420 million per year, but still more than triple California's current offering. Along with the extra cash, AB 1839 also changes the way the tax credit program will be administered. Rather than using a one-day lottery to determine which productions receive the credit, the state will measure the projects based on their potential to create jobs. A project that overestimates that potential could be penalized. Full Article
it Apple: iOS 8 prevents cooperation with police unlocking requests By www.scpr.org Published On :: Thu, 18 Sep 2014 10:34:25 -0700 Apple Senior Vice President of Worldwide Marketing Phil Schiller announces the new iPhone 6 during an Apple special event at the Flint Center for the Performing Arts on September 9, 2014 in Cupertino, California. Apple unveiled the two new iPhones the iPhone 6 and iPhone 6 Plus.; Credit: Justin Sullivan/Getty Images Apple's latest mobile operating system — iOS 8 — is now available, and with it, a new technical hurdle for law enforcement. The company says it will be technologically impossible to access data on phones and iPads running iOS 8, because it won't allow user passcodes to be bypassed. Our phones, of course, contain troves of information — contacts, messages, recordings — which can be helpful for investigative or prosecutorial purposes. The Supreme Court earlier this year ruled law enforcement cannot access that kind of data without a warrant. Prosecutors had already feared the warrant hurdle would be too much — Rockland County, N.Y., District Attorney Thomas Zugibe told the Wall Street Journal in June that technology "is making it easier and easier for criminals to do their trade," while the court "is making it harder for law enforcement to do theirs." Now, even with a warrant, data from Apple devices running iOS 8 will be tough — and, Apple says, impossible — for law enforcement to get its hands on. As The Washington Post reports, the move "amounts to an engineering solution to a legal quandary: Rather than comply with binding court orders, Apple has reworked its latest encryption in a way that prevents the company — or anyone but the device's owner — from gaining access to the vast troves of user data typically stored on smartphones or tablet computers." Not so fast, writes an iOS forensics expert, Jonathan Zdziarski. Just because Apple will no longer help police doesn't mean police can't find ways to use existing commercial forensics tools to extract the data themselves. Wired Magazine describes how Zdziarski proved his own point: Zdziarski confirmed with his own forensics software that he was still able to pull from a device running iOS 8 practically all of its third-party application data — that means sensitive content from Twitter, Facebook, Instagram, web browsers, and more — as well as photos and video. The attack he used impersonates a trusted computer to which a user has previously connected the phone; it takes advantage of the same mechanisms that allow users to siphon data off a device with programs like iTunes and iPhoto without entering the gadget's passcode. "I can do it. I'm sure the guys in suits in the governments can do it," says Zdziarski. And, Apple will still be able to turn over user data stored outside its phones, for example, on its iCloud service, The Washington Post notes. Users often back up photos, videos, emails and more to iCloud, as the recent nude photo theft reminded us. Apple, in creating plausible deniability for itself, is also using its strongly worded new privacy stance as a marketing opportunity. It's reinforcing what it says is a commitment to privacy and transparency when it comes to government data requests. Apple says so far this year, it has received fewer than 250 government requests for data, including requests to unlock encrypted iPhones. Full Article
it Governor signs bill raising Hollywood tax credits By www.scpr.org Published On :: Thu, 18 Sep 2014 11:57:07 -0700 In this file photo, California Gov. Jerry Brown speaks during a news conference on January 17, 2014 in San Francisco, California. Brown on Thursday signed a bill that more than triples the state's annual tax credit for film and TV production to $330 million.; Credit: Justin Sullivan/Getty Images Gov. Jerry Brown has headed to the cradle of the Hollywood film industry to sign legislation that more than triples the state's annual tax credit to $330 million a year for films and TV shows produced in California. Brown says the increase is needed to help prevent other states and countries from hijacking film and TV production by offering their own lucrative incentives. Brown signed the bill Thursday at the former Grauman's Chinese Theatre, where handprints and footprints of stars from the eras of Humphrey Bogart to Robert De Niro are embedded in concrete. Under the new system, credit will be awarded based on the number of jobs a production creates and its overall positive impact on the state. The historic cinema is now called the TCL Chinese Theatre IMAX. Film tax credit doc Full Article
it Los Angeles is one of the poorest big cities in the nation, new Census numbers show By www.scpr.org Published On :: Thu, 18 Sep 2014 16:13:42 -0700 Last year was the second straight year the poverty rate stayed flat after four years of going up in the United States.; Credit: David McNew/Getty Images Income in greater Los Angeles is rising – slightly - according to new American Community Survey numbers released Thursday from the Census Bureau, but greater L.A. still ranks as one of the poorest major metropolitan areas in the nation. The L.A. area (defined as L.A., Long Beach and Anaheim) had a median household income of $58,869 last year, which is $804 more than the year before, but still $1540 under the 2010 level, during the first full year after the recession. "These numbers paint a bleak picture for California,” said Marybeth Mattingly, a researcher at Stanford University’s Center on Poverty and Inequality. Mattingly is particularly troubled by the child poverty rate, which was 25.3 percent in 2013, up from 22.6 percent in 2010. “In the West, Hispanics have the highest poverty with nearly one in three Hispanic kids poor, and it's even a little higher for blacks” she said. Nationally, last year was the second straight year the poverty rate stayed flat after four years of going up. Among big metro areas, the L.A. area had the highest poverty rate in the nation, tying Phoenix, Miami, and the Inland Empire. But that’s based upon a national poverty line of $23,550 for a family of four; When you take into account how much it really costs to live here, L.A. fares even worse. “We find that Los Angeles stands out even more, unfortunately," said Sarah Bohn, a researcher at the Public Policy Institute of California. "Housing costs are really playing a big role in family budgets and being able to make ends meet.” Bohn says these new numbers suggest we’re going in the right direction, but she wishes we’d move at a faster pace. Full Article
it Alibaba surges in its stock market debut By www.scpr.org Published On :: Fri, 19 Sep 2014 11:52:08 -0700 Founder and Executive Chairman of Alibaba Group Jack Ma (L) attends the company's initial price offering (IPO) at the New York Stock Exchange on September 19, 2014 in New York City. ; Credit: Andrew Burton/Getty Images Alibaba's stock is surging as the Chinese e-commerce powerhouse begins its first day trading as a public company. The stock opened at $92.70 and nearly hit $100 on the New York Stock Exchange Friday, a gain of 46 percent from the initial $68 per share price set Thursday evening. At Friday's opening price, the company is worth $228.5 billion, more than companies such as Amazon, Ebay and even Facebook. Jubilant CEO Jack Ma stood on the NYSE trading floor Friday as eight Alibaba customers, including an American cherry farmer and a Chinese Olympian, rang the opening bell. "We want to be bigger than Wal-Mart," Ma told CNBC shortly after the opening Bell. "We hope in 15 years people say this is a company like Microsoft, IBM, Wal-Mart, they changed, shaped the world." On Thursday, Alibaba and the investment bankers arranging the initial public offering settled on a price of $68 per share. The company and its early investors raised $21.8 billion in the offering, which valued Alibaba at $168 billion in one of the world's biggest ever initial public offerings. The company, which is trading under the symbol "BABA," has enjoyed a surge in U.S. popularity over the past two weeks as investors met with executives, including its colorful founder Jack Ma. As part of the so-called roadshow, would-be investors heard a sales pitch that centered on Alibaba's strong revenue growth and seemingly endless possibilities for expansion. Demand was so high that the company raised its offering price to $66 to $68 per share from $60 to $66 per share on Monday. The main reason investors appear breathless about the 15-year old Alibaba: It offers an investment vehicle that taps into China's burgeoning middle-class. Alibaba's Taobao, TMall and other platforms account for some 80 percent of Chinese online commerce. Most of Alibaba's 279 million active buyers visit the sites at least once a month on smartphones and other mobile devices, making the company attractive to investors as computing shifts away from laptop and desktop machines. And the growth rate is not expected to mature anytime soon. Online spending by Chinese shoppers is forecast to triple from its 2011 size by 2015. Beyond that, Alibaba has said it plans to expand into emerging markets and eventually, Europe and the U.S. "There are very few companies that are this big, grow this fast, and are this profitable," said Wedbush analyst Gil Luria. Alibaba operates an online ecosystem that lets individuals and small businesses buy and sell. It doesn't directly sell anything, compete with its merchants, or hold inventory. "The business model is really interesting. It's not just an eBay, it's not an Amazon, it's not a Paypal. It's all of that and much more," said Reena Aggarwal, a professor at Georgetown. Like China's consumer and Internet market, Alibaba is still growing rapidly. The company's revenue in its latest quarter ending in June surged 46 percent from last year to $2.54 billion while its earnings climbed 60 percent to nearly $1.2 billion, after subtracting a one-time gain and certain other items. In its last fiscal year ending March 31, Alibaba earned $3.7 billion, making it more profitable than eBay Inc. and Amazon.com Inc. combined. Amazon ended Thursday with a market value of about $150 billion while eBay's market value stood at $67 billion. Alibaba, is based in Hangzhou in Eastern China, Ma's hometown. The company got started in 1999 when Ma and 17 friends developed a fledgling e-commerce company on the cusp of the Internet boom. Today, Alibaba's main platforms are its original business-to-business service Alibaba.com, consumer-to-consumer site Taobao and TMall, a place for brands to sell to consumers. And while there's plenty of growth left in China, Ma has recently hinted about plans to expand beyond those borders. "We hope to become a global company, so after we go public in the U.S., we will expand strongly in Europe and America," Ma said to a group of reporters in Kowloon on Monday. Alibaba offered 320.1 million shares for a total offering size of $21.77 billion. Underwriters have a 30-day option to buy up to about 48 million more shares. That means the offering size could be as much as $25 billion The IPO's fundraising handily eclipses the $16 billion Facebook raised in 2012, the most for a technology IPO. If all of its underwriters' options are exercised, it would also top the all-time IPO fundraising record of $22.1 billion set by the Agricultural Bank of China Ltd. in 2010. Yahoo, which has been struggling to grow for years, made a windfall $8.28 billion by selling 121.7 million of is Alibaba shares. And founder Jack Ma sold 12.75 million shares worth $867 million. Full Article
it Nokia to roll out 3,300 new 4G sites by March for Vi expansion By cio.economictimes.indiatimes.com Published On :: Thu, 14 Nov 2024 09:54:45 +0530 Nokia will deploy 3,300 new 4G sites for Vodafone Idea by March 2025. Nokia is one of the three vendors selected by Vodafone Idea for a network equipment supply deal. The deal is worth USD 3.6 billion over three years. Nokia will deliver nearly 3,300 new sites and upgrade over 42,000 technology sites. Full Article
it AMD to cut 4% of global workforce as it focuses on AI chip development By cio.economictimes.indiatimes.com Published On :: Thu, 14 Nov 2024 09:58:43 +0530 "As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps," an AMD spokesperson told Reuters on Tuesday. Full Article
it Sebi proposes accountability for AI use by market infra institutions, intermediaries By cio.economictimes.indiatimes.com Published On :: Thu, 14 Nov 2024 10:04:32 +0530 This is proposed with the aim of ensuring data privacy, security, and integrity, especially with sensitive investor information. In its consultation paper, Sebi said that the market infra institutions should also be accountable for any actions taken based on AI outputs. Full Article
it Bharat Panchal takes charge as Chief Risk, Security, and Stakeholder Management Officer, Bima Sugam India Federation By cio.economictimes.indiatimes.com Published On :: Thu, 14 Nov 2024 13:53:22 +0530 Bima Sugam India Federation is working to create a digital insurance marketplace in India. Full Article
it Chubu Electric Japan Expands Investment in OMC Power to Boost Energy transition in India By cio.economictimes.indiatimes.com Published On :: Thu, 14 Nov 2024 14:03:36 +0530 Gurgaon (Haryana) [India], Chubu Electric Japan, a global leader in electrical engineering solutions, announced an increased investment in OMC Power, one of the foremost innovators in distributed renewable energy solutions. This investment underscores Chubu's commitment to advancing sustainable energy development and supporting OMC Power's ambitious growth plans in the renewable energy sector. Full Article
it AI and the Future of Law in India: Challenges, and Opportunities By cio.economictimes.indiatimes.com Published On :: Thu, 14 Nov 2024 14:08:13 +0530 India's legal system, while respected, grapples with a backlog of over five crore cases. Artificial intelligence offers a potential solution by streamlining legal research, predicting case outcomes, and identifying risks. However, AI's limitations in understanding complex legal concepts and ethical concerns regarding data privacy and potential misuse necessitate human oversight. Full Article
it Black Box to leverage India's digital & AI boom to drive high-growth tech opportunities By cio.economictimes.indiatimes.com Published On :: Thu, 14 Nov 2024 15:32:50 +0530 Black Box Ltd, Essar's technology arm, has unveiled an ambitious growth strategy focused on India, aiming to position itself as a strategic partner for global technology companies expanding into the region. Full Article
it Depositing system fills multiple package styles By www.snackandbakery.com Published On :: Tue, 12 Mar 2013 00:00:00 -0400 Mequon, WI Yamato’s custom-designed depositing solution is engineered to handle a wide variety of applications. Full Article