on 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
on Are you high on mountains? Cool event Saturday By www.scpr.org Published On :: Wed, 21 Jan 2015 07:50:02 -0800 An aerial photograph of the San Gabriel Mountains in Southern California.; Credit: Bruce Perry, Department of Geological Sciences, CSU Long Beach; Courtesy National Park Service John RabeA friend who has one of those cabins in the San Gabriels that you have to ride a mule into sent Off-Ramp a note about an event for fans of L.A.'s mountains ... which is pretty much everyone: "The Sierra Madre Historical Preservation Society and First Water Design present the finest assembly of experts of our magnificent mountains and their impact on our history, culture, and way of life." It's a long list of historians, authors, and others who've spent their lives studying and writing about the mountains. John Robinson: "The San Gabriels," "Trails of the Angeles: 100 Hikes in the San Gabriels," "Sierra Madre’s Old Mount Wilson Trail" Michele Zack: "Southern California Story: Seeking the Better Life in Sierra Madre," "Altadena: Between Wilderness and City" Elizabeth Pomeroy: "John Muir: A Naturalist in Southern California," "San Marino: A Centennial History" Nat Read: "Don Benito Wilson: From Mountain Man to Mayor," "Los Angeles 1841 to 1878" Michael Patris: "Mount Lowe Railway" Glen Owens: "The Heritage of the Big Santa Anita" Paul Rippens: " The Saint Francis Dam" Willis Osborne: "A Guide to Mt. Baldy & San Antonio Canyon" Christopher Nyerges: "Enter the Forest" Norma Rowley: "The Angeles Was Our Home" Chris Kasten: cartographer and former manager of Sturtevant Camp The event takes place on Saturday, Jan. 24, from 1 p.m. to 4 p.m, at Pritchard Hall at the Sierra Madre Congregational Church, 170 West Sierra Madre Blvd., Sierra Madre, CA 91024. And it's free! Email Jeff Lapides for more info, or call him at 626-695-8177. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on The Huntington unveils big changes, but not too big By www.scpr.org Published On :: Wed, 21 Jan 2015 08:17:07 -0800 New entrance at The Huntington Library, Art Collections, and Botanical Gardens. ; Credit: Tim Street-Porter/The Huntington Marc HaefeleFor years, I’d feared the worst. Behind that intrusive belt of chain link and green canvas fence, with all the hidden noise of power digging machines, smashing jackhammers and growling tractors going on behind it, and heaps of dirt piled high, I dreaded that something terrible was going on in the dark, hidden heart of our dear old Huntington. We were promised a new visitor center, a new store, a new cafe and restaurant. I imagined the Disney-fied worst: Henry Huntington’s Roller Coaster Red Car Ride; Pinky’s Pinkberry Parlor. The Blue Boy Fashion Center. Maybe even a giant Rem Koolhaas-LACMA style amoeba of purple reinforced concrete sprawling all over the lawns between the library and the old gallery. My fears were groundless. The $68 million (not much more than the Getty paid for its new Manet) 52,000 square foot Education and Visitor Center addition is in perfect harmony with the early 20th Century original library and art gallery, perhaps more so than some previous increments, such as the nearby and blankly imposing Munger Research Center. The addition is named after outgoing Huntington chief Steven S. Koblik, who engineered much of the funding and planning for the facility. He’s got something to be proud of in his retirement: a new garden-centered segment of new facilities that founder, pioneer transit tycoon Henry Huntington, would probably have enthused over. (The Huntington Store at The Huntington Library, Art Collections, and Botanical Gardens. Photo: Tim Porter-Street/The Huntington) With its mighty $400 million endowment and the muscular fundraising power that enticed squillionaire Charlie Munger to donate hugely to this project (not to mention that research center), the venerable Huntington institution could have easily erected something expensively and grandiloquently modern. But its directorate and patrons seem to understand an important fact about the place: Most visitors don’t go there to be dazzled. We go there to be enthralled, even comforted by the century-old institution’s enduring and deeply reassuring ambiance that we are privileged to inhabit during our visits to its galleries of great art, its acreage of exquisite gardens and Arcadian vistas. The Huntington possesses what designer Sheryl Barton, who co-created the new landscaping with the Huntington’s Jim Folsom, spoke of at the opening press conference as “the choreography of experience.” That experience includes the new California-Mediterranean groves and gardens and the low-lying new structure that includes an expanded store, new classrooms, courts, cafes and an auditorium. With its simple, Tuscan-columned loggias and red-tiled roofs (and, oh, yes, even that showy glass dome on the Rose Hills Foundation Garden Court), it all effortlessly blends into the traditional whole. Although the Huntington doesn’t seem to be planning on a new influx of visitors, it’s hard to see this new, more user-friendly front office isn’t going to attract more people to its San Marino location than the current 600,000 per year. Particularly considering how regional museum attendance in general has boomed over recent decades. Will this abate the quiet private experience many of us Huntington fans have shared and treasured over the years? (The Huntington will be installing this Alexander Calder sculpture, the Jerusalem Stabile, this spring. Here, it's seen at the Rijksmuseum, Amsterdam. Calder Foundation; gift of the Philip & Muriel Berman Foundation to the Calder Foundation. Copyright © 2015 Calder Foundation /Artists Rights Society (ARS) Used with permission of The Huntington) Probably. But there will also be important new things to see — like Alexander Calder’s 12-by-20-foot Jerusalem Stabile, which beckons you into the new addition, and two powerful, newly acquired murals by the great 20th Century California artists Millard Sheets and Doyle Lane. Plus a new and glorious vista from the cafe’s terrace over to the original old Huntington villa — now gallery — where all this began, over a century ago. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on Housing The Homeless Is Actually Saving LA Money By www.scpr.org Published On :: Wed, 23 Oct 2019 09:00:00 -0700 An apartment in Pomona that leases through the Housing for Health Program. (Matt Tinoco/LAist) Matt TinocoOur California Dream collaboration is looking for solutions to some of California's most pressing problems, in this case, homelessness. An initiative in Los Angeles seeks to save taxpayer money by housing some of the most vulnerable residents — those who cycle from the street to the emergency room and back again. The California Dream series is a statewide media collaboration of CALmatters, KPBS, KPCC, KQED and Capital Public Radio with support from the Corporation for Public Broadcasting and the James Irvine Foundation. READ THE STORY AT LAist.com. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on L.A. Philharmonic To Take Over Operations At Ford Theatre By www.scpr.org Published On :: Wed, 13 Nov 2019 09:59:22 -0800 Kyle StokesThe L.A. Philharmonic will be the new operator of the John Anson Ford Theatre, the smaller outdoor venue near the 101 Freeway across from the Hollywood Bowl, under a plan approved by the Los Angeles County Board of Supervisors. L.A. funding sustains the Ford, and the county recently spent $80 million renovating the 1,200 seat amphitheater. But attendance has been lackluster — and Supervisor Sheila Kuehl hopes the L.A. Philharmonic can change that. “The Ford will be able to take advantage of the natural synergies in marketing, capacity-building and program resources that simply haven’t been available to the Ford as an independent institution," she said. The move by the L.A. County blindsided many local artists. They say the Ford is an important incubator for diverse talent. They also worry ticket prices will increase. Prompted by their criticism, the Supervisors will require the Phil to meet with artists and annually review the diversity of the Ford’s shows with county officials. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on How You Can Help L.A.'s Homeless This Holiday Season By www.scpr.org Published On :: Wed, 27 Nov 2019 16:00:00 -0800 Two tents in Hollywood erected beneath the 101 Freeway during a January rainstorm. (Matt Tinoco/KPCC) Matt TinocoAs the holiday season and its accompanying cold and rainy weather arrives in Southern California, tens of thousands of people will be living through it all outside. And those of us indoors, well, many of us want to help them. KPCC’s Matt Tinoco has this story on how you can help those living without shelter.This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on Famed Hmong Singer Dies In Fresno Shooting By www.scpr.org Published On :: Fri, 13 Dec 2019 01:23:00 -0800 Screengrab from video on XY Lee's YouTube channel.; Credit: via YouTube Josie HuangFans of Hmong YouTuber Xy Lee are in mourning today. The singer, who has ties to Long Beach, was among four killed in a Sunday night shooting in Fresno. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on 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
on Local Donation Centers Process Year-End Rush Of Contributions By www.scpr.org Published On :: Mon, 06 Jan 2020 08:44:30 -0800 Donations fill up the entryway to a Goodwill Southern California Donation Center in Pasadena during the first week of 2020.; Credit: Carla Javier/KPCC Carla JavierNow that the holiday season is winding down, thrift shops run by Goodwill, the Salvation Army, and other organizations are tallying up the annual flood of December donations. "It's always been a tradition that our donors donate between Christmas and New Year's ... and the last couple days of the year, they donate even more," Goodwill Southern California director of logistics Tinna Bauer explained. "Some do it for tax purposes, and some ... when they if they receive new items for Christmas, they clean out the old." This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on Our Mission: Why We Are Activists For Truth By www.scpr.org Published On :: Tue, 28 Jan 2020 16:43:09 -0800 Megan Garvey A moment in Larry Mantle’s recent conversation with Steve Inskeep has stuck with me. The NPR Morning Edition co-host was in our Pasadena studios to talk about his latest book, Imperfect Union. Asked how he approaches his day job, Inskeep told a story about the time he dispassionately called a heartbreaking loss for his high school football team. That “straight call” earned praise from a veteran broadcaster he admired. It’s a lesson, he said, that stayed with him. “I may have a personal opinion; it doesn’t matter,” Inskeep told Mantle. “My job as a journalist is to get the facts right, that are in front of me, and you can do that even if you have a personal opinion.” Mantle, who has hosted KPCC’s AirTalk for decades, responded: “You can’t do this work if you’re wired like an activist. I sort of see my wiring as more how a teacher would be, wired where you’re amassing information. You’re leading people through a story, and the joy is in people coming to their own conclusions.” “If you’re an activist at all, you’re an activist for the truth,” Inskeep replied. Activists for truth. Finding joy in people reaching their own conclusions. What a compelling description of what our newsroom strives to deliver every day to Southern Californians. These were my thoughts even before my colleague at NPR came under attack for doing her job. If you haven't been following the story, Secretary of State Mike Pompeo angrily objected to being questioned about Ukraine during an interview with All Things Considered co-host Mary Louise Kelly. Pompeo didn't care for Kelly's questions on air and the conversation grew even more contentious behind closed doors. The next day he accused Kelly of lying about the topic of the interview and then reporting a conversation he claimed was off the record. [Including his odd demand she locate Ukraine on unmarked world map.] Kelly has denied both claims and media outlets have reported on emails between her and Pompeo's staff that back up her assertion she told them the interview would go beyond questions about Iran. Then, this week, the State Department denied credentials to NPR's Michele Kelemen, who'd been scheduled to cover Pompeo's trip to Europe. NPR President and CEO John Lansing and Nancy Barnes, who heads news, are rightfully demanding answers. Why does it matter? Because as Lansing notes having access to people in power is fundamental to "the role of journalism in America. Get KPCC in your inbox Breaking news alerts sent to your inbox Subscribe Or, check out all our newsletters > I want to take a few minutes to tell you more about how our newsroom works and why you’ll be hearing more from us about our mission and ambition. Listeners may have noticed a new phrase on our air: “Democracy needs to be heard.” It’s a statement you’ll also start seeing on billboards and bus benches around Los Angeles. It’s part of the first marketing campaign for our station in many years. The goal is to make more people aware of what we do and why we do it. We also want to grow our audience and our supporters, so we can do even more original journalism. Southern California Public Radio — home to 89.3 KPCC, LAist Studios, and LAist.com — turns 20 this year. SCPR was born out of a belief that the region would embrace and support a news-focused NPR station serving Southern California with original programming and reporting. In the two decades since, our members stepped up and helped us build what is now one of the biggest newsrooms in the region. We’ve gone from cramped quarters in the library of Pasadena City College, to a new headquarters in 2010, to today, when we have to scramble for desks for our growing operation. If you’ve ever heard me on-air during a pledge drive, you’ve heard me talk about how remarkable it is that your support has fueled our ambition and growth. We’re the most listened to NPR station in Southern California. The public media model depends on people donating their hard-earned money because they believe in what we are doing. You don’t have to pay a dime to listen to us on your radio, or stream us on your smart speaker or our app. You’ll never hit a paywall when you visit our website. Our relationship with you isn’t transactional — that’s one of the ways nonprofit member-supported newsrooms are different. Instead, we make a case that what we do matters, that it’s valuable to you — so valuable that you voluntarily support us (even though you can still listen and read if you don’t). That’s a powerful relationship. It’s why we take community engagement so seriously. That means listening closely to your concerns, answering your questions, meeting you in person, thinking about how our coverage can be both for and about Southern Californians. In September, we were awarded the first-ever Gather Award for engaged journalism from the Online News Association. In December, we won our second-in-a-row Champion of Curiosity Award for our breaking news coverage of the wildfires. Our approach to engaged journalism has been transformational for coverage, and we’ve emerged as a clear leader in the industry — sharing what we’ve learned with other newsrooms. *** We talk a lot about our public-service mission in this newsroom. It permeates how we approach stories. It’s why our reporters, producers, hosts and editors choose to work here. And we’ve made this promise to you: “You deserve great local news — and we need your help to find those stories. We listen to what you’re curious about, what keeps you up at night, and who you want held accountable. We’re inviting you to be part of the conversation.” We do this work because of you. We do it for you and with you. We’ve spent quite a bit of time thinking about how we’re finding and telling stories, and how we can do an even better job of delivering reporting that you won’t find anywhere else. We want our reporters to spend their energy on original stories (and not get stuck echoing information that everyone else is reporting). To that end, each reporter has their own individual mission statement to reflect their goals in covering communities and crucial issues. The free press is a cornerstone of democracy. That’s why in 1786 Thomas Jefferson wrote: "Our liberty depends on the freedom of the press, and that cannot be limited without being lost." More than 200 years later, Nelson Mandela said: “A critical, independent and investigative press is the lifeblood of any democracy.” Activists for truth. That means scrutinizing the information we receive from our sources or uncover through our reporting. It means giving you the context you need to consider what is fact and what is spin. It’s truly an exciting time to work in our newsroom. We have ambitious plans for coverage of the upcoming California primary and presidential election. We have so much great work in progress — including three in-depth investigations scheduled to publish in the coming weeks. Those stories took months to report, involving thousands of public documents, hundreds of miles of travel, and data analysis that no one else has done. And it was only possible because of your support. Thank you. Megan Garvey, Executive Editor This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on Randy Newman Wrote A Quarantine Song For Us: 'Stay Away From Me' By laist.com Published On :: Wed, 08 Apr 2020 12:00:00 -0700 ; Credit: Courtesy Randy Newman LAist"Stay away from me / Baby, keep your distance, please / Stay away from me / Words of love in times like these" Listen to the whole song here.Read the full article at LAist Full Article
on Target Price Raised 69% on SMR Developer By www.streetwisereports.com Published On :: Tue, 12 Nov 2024 00:00:00 PST Source: Michael Legg 11/12/2024 This New York-based company has made large strides in building out its nuclear reactor program, noted a Benchmark Co. report.Nano Nuclear Energy Inc. (NNE:NASDAQ) saw a 69% raise in its target price to US$66 per share from US$39 by The Benchmark Co. in light of the nuclear energy company's robust internal development, reported analyst Michael Legg in a November 7 research note. Nano Nuclear is developing 1–2 megawatt small modular reactors (SMRs). "Nano Nuclear's balance sheet has been bolstered by capital raises placing over US$65 million (US$65M) on [the] balance sheet, allowing [the company] to continue to execute on its strategy," Legg wrote. As the company was trading at the time of the report at about US$19.05 per share, the new target price implies a 246% return, noted Legg. Nano Nuclear remains a Buy. Strengthened Financial Status This New York-headquartered company improved its balance sheet to the point of having US$65M in cash and no debt, which allowed Nano Nuclear to keep working its strategy. "We have lowered our discount rate on our net present value analysis to 20% from 25% to reflect reduced risk," Legg wrote. Company's Recent Efforts The analyst reported Nano Nuclear's newest achievements and progress. They include: 1) Advancing development of its ZEUS and ODIN SMRs to the physical test work phase from the design stage and starting initial rig construction. The company also did external design audits on its SMRs. 2) Expanding its team, adding advisers and engineers, to expedite program development. Nano Nuclear appointed John Vonglis as chairman of its Executive Advisory Board for Strategic Initiatives. Vonglis is a former chief financial officer of the U.S. Department of Energy (DOE) and Acting Director of DOE’s Advanced Research Projects Agency-Energy. The energy company appointed Lieutenant General Terry G. Robling, USMC (Ret.), as chair of its Executive Advisory Board for Federal and Defense Appropriations and Requirements. It appointed Carlos Maidana as head of its Thermal Hydraulics and Space Program and added six engineers to its Nuclear Technology and Engineering team. 3) Acquiring for US$1.71M in August a 14,000-square-foot, two-story building in Oak Ridge, Tenn., to be its Nuclear Technology Center location. 4) Signing a memorandum of understanding with the Rwanda Atomic Energy Board, which could result in deployment of SMRs and microreactors in the African country. 5) Starting its pre-application review with the Nuclear Regulatory Commission (NRC). Nano Nuclear provided the NRC and DOE the status of its microreactor designs and the estimated development timelines, so the NRC may line up the personnel needed to oversee the related licensing. Nano Nuclear is in the process of identifying places for a test bed reactor site. 6) Winning a DOE Gateway for Accelerated Innovation in Nuclear (GAIN) voucher, which provides it with funding for 80% of a winning proposal, the remaining 20% to be covered by Nano Nuclear. This increases its chances of being awarded additional vouchers in the future, purported Legg. Nuclear Power Demand Grows Momentum in the clean energy sector, particular nuclear power, being sought out for artificial intelligence data centers, bitcoin mining and electric vehicles, also is benefitting Nano Nuclear, Legg wrote. A string of recent events exemplify the demand. Amazon.com announced it will buy power from SMRs, and Google partnered with Kairos for nuclear power. Sam Altman and Bill Gates invested in nuclear. President-Elect Donald Trump had noted while campaigning that he would expand nuclear power were he elected. Further, the U.S. federal government passed the Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy (ADVANCE) Act, aimed at ramping up development of advanced nuclear technology and preserving existing nuclear power generation. "We believe this passing is further justification that nuclear is needed to reach climate initiatives, as nuclear is the only large-scale, reliable, emission-free energy source," Legg wrote. Foreseen Benefits to the Stock Legg noted that ongoing operational success could positively impact Nano Nuclear's share price. Other catalysts, he wrote, include increased knowledge about and demand for SMRs, expected to happen as climate change efforts favor emission-free energy and the public accepts safety and use cases. Sign up for our FREE newsletter at: www.streetwisereports.com/get-newsImportant Disclosures: 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. For additional disclosures, please click here. Disclosures for The Benchmark Co., Nano Nuclear Energy Inc., November 7, 2024 The Benchmark Company, LLC. (“Benchmark” or “the Firm”) compensates research analysts, like other Firm employees, based on the Firm’s overall revenue and profitability, which includes revenues from the Firm’s institutional sales, trading, and investment banking departments. No portion of the analyst’s compensation is based on a specific banking transaction. Analyst compensation is based upon a variety of factors, including the quality of analysis, performance of recommendations and overall service to the Firm’s institutional clients. This publication does not constitute an offer or solicitation of any transaction in any securities referred to herein. Ratings that use the “Speculative” risk qualifier are considered higher risk. Any recommendation contained herein may not be suitable for all investors. The Benchmark Company, LLC makes every effort to use reliable, comprehensive information, but we make no representation that it is accurate or complete. We have no obligation to disclose when information in this report changes apart from when we intend to discontinue research coverage of a subject company. Although the information contained in the subject report has been obtained from sources, we believe to be reliable, its accuracy and completeness cannot be guaranteed. This publication and any recommendation contained herein speak only as of the date hereof and are subject to change without notice. The Benchmark Company, LLC and its affiliated companies and employees shall have no obligation to update or amend any information herein. This publication is being furnished to you for informational purposes only and on the condition that it will not form a primary basis for any investment decision. Each investor must make its own determination of the appropriateness of an investment in any securities referred to herein based on the legal, tax and accounting considerations applicable to such investor and its own investment strategy. By virtue of this publication, none of The Benchmark Company, LLC or any of its employees shall be responsible for any investment decision. This report may discuss numerous securities, some of which may not be qualified for sale in certain states and may therefore not be offered to investors in such states. The “Recent Price” stated on the cover page reflects the nearest closing price prior to the date of publication. For additional disclosure information regarding the companies in this report, please contact The Benchmark Company, LLC, 150 East 58th Street, New York, NY 10155, 212-312-6770. The Benchmark Company, LLC is not in any way affiliated with or endorsed by the Menlo Park, California venture capital firm Benchmark Capital. This report may not be reproduced, distributed, or published without the prior consent of The Benchmark Company, LLC. Copyright © 2024. All rights reserved by The Benchmark Company, LLC. ( Companies Mentioned: NNE:NASDAQ, ) Full Article
on The Loh Down on Science By media.science360.gov Published On :: 2018-04-16T07:00:00Z City bacteria versus country bacteria when it comes to drugs Full Article
on Financing Milestone Paves Way for Next Phase in Gold Project Development By www.streetwisereports.com Published On :: Tue, 12 Nov 2024 00:00:00 PST Source: Streetwise Reports 11/12/2024 NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA)and Signal Gold Inc. have successfully closed their previously announced oversubscribed and upsized concurrent financing. Read more as NexGolds acquisition of Signal Gold sets the stage for near-term production with combined resources and capital driving project development.NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA) and Signal Gold Inc. have successfully closed their previously announced oversubscribed and upsized concurrent financing, generating a total of US$18.5 million. Initially disclosed in joint announcements from both companies on October 10 and October 23, 2024, this financing is part of a larger plan in which NexGold will acquire all shares of Signal Gold to combine both companies' gold projects to create a near-term gold developer. The financing involved two components. The first was a flow-through (FT) unit private placement by NexGold, which raised CA$8.085 million through the sale of 10,106,250 FT units at CA$0.80 per unit. Each unit includes one flow-through common share and half of one purchase warrant, allowing the holder to buy an additional non-flow-through share at CA$1.05 for the next two years. In the second component, Signal Gold's private placement of subscription receipts yielded CA$10.45 million by issuing 120,075,840 receipts at CA$0.08705 each. These receipts will convert into Signal units once specific escrow release conditions are met, including completion of the acquisition. Each unit consists of one common share and half a purchase warrant, allowing the holder to acquire additional shares for CA$0.11818 over two years. The net funds from this financing will be used to retire debt, fund the exploration and development of both companies' gold projects - including NexGold's Goliath gold complex in Ontario and Signal's Goldboro project in Nova Scotia - and for general corporate purposes. The gross proceeds from FT units will go toward qualified exploration expenses for NexGold's projects, with renunciation planned by December 31, 2024, as per Canadian tax requirements. Investor interest included an acquisition by a Sprott Asset Management sub-advised fund, which purchased 2.5 million FT units for CA$2 million, bringing Sprott's holdings to 11.43% of NexGold's issued shares (14.95% on a partially diluted basis). NexGold also extended an investor awareness agreement with i2i Marketing Group, providing up to six months of marketing services for CA$250,000 to increase investor visibility. Gold Rush Gold's surge to the US$2,800 mark due to a "perfect storm" of factors, according to an October 29 report from Kitco. Gary Wagner explained that this historic rise, approximately 35% this year, was driven by geopolitical tensions, anticipated Federal Reserve rate cuts, consistent central bank demand, and U.S. political uncertainty in the run-up to the presidential election. Chen Lin offered a positive outlook on NexGold, noting heightened investor interest following recent updates, including expanded financing and merger plans. Wagner noted that "geopolitical, political conflicts" and "uncertainties about the outcome of the upcoming presidential election" were critical components, with emerging market central banks increasing their gold reserves to reduce reliance on the U.S. dollar. On October 30, LiveMint highlighted gold's global appeal. The article mentioned how central banks continue to expand their gold reserves, with net buying reaching 337 tonnes in Q3 2023. This marks a near-record level, according to the World Gold Council. Escalating geopolitical tensions, especially in the Middle East, have also led investors to seek gold as a safe haven, pushing prices upward. In addition, strong economic data in the U.S., such as job growth and consumer spending, has affected expectations around Federal Reserve policies. These, in turn, have indirectly influenced gold. By November 4, Egon von Greyerz, in his analysis of the global financial system, emphasized gold as a reliable store of value. He argued that "gold has always stood as a protector" during economic downturns, describing the asset as "the best-performing asset class in this century." Von Greyerz asserted that gold's continued strength could be attributed to its resistance to the "destruction of fiat money," making it an essential wealth-preserving asset in an increasingly unstable financial environment. The Catalysts Pushing NexGold Forward NexGold's acquisition of Signal Gold is expected to accelerate its growth as a mid-tier gold producer. According to NexGold's September 2024 investor presentation, this financing supports the ongoing development of the Goliath Gold Complex in Northern Ontario, which holds a combined measured and indicated gold resource of over 2.1 million ounces. Additionally, Signal's Goldboro project in Nova Scotia adds strategic value with historical production potential and significant exploration upside. The Goliath project benefits from robust infrastructure, an approved environmental assessment, and a promising pre-feasibility study indicating a post-tax NPV of CA$336 million at US$1,750/oz gold. With this acquisition, the combined entity is expected to leverage its enhanced capital position to pursue further exploration and optimization, aiming for near-term production and establishing a solid platform for growth and consolidation in the Canadian gold sector. What Are Experts Saying? Ron Stewart, a mining analyst at Red Cloud Securities, maintained a Speculative Buy rating on NexGold with a target currently Under Review in his September analysis. Stewart stated that the merger with Signal Gold offered NexGold an accretive pathway to growth by adding the Goldboro project's resources to its portfolio. He noted that the combined assets of NexGold and Signal would form a "multi-asset company with over 6 million ounces in gold resources," which he described as synergistic and favorable for shareholders. Stewart anticipated the merger would close in Q4 2024, with upcoming catalysts including the Goliath Feasibility Study in Q1 2025 and a potential construction decision for Goliath in H2 2025. [OWNERSHIP_CHART-1961] In the October 24 edition of What is Chen Buying? What is Chen Selling? Chen Lin offered a positive outlook on NexGold, noting heightened investor interest following recent updates, including expanded financing and merger plans. Lin's analysis aligned with Stewart's views on the company's growth potential, highlighting that, with the combined projects and new funding, NexGold is well-positioned for substantial operational growth and asset value expansion in the years ahead. Ownership and Share Structure The company notes management and insiders own 3.4% of NexGold. Institutions own 17%. Strategic investors own 37.4%. Frank Guistra owns 10.1%. On a partially diluted basis, Sprott owns 14.95%. Extract owns 14%. First Mining owns 4.3%. Matrix owns 1.9%, and Teck own 1.9%. NexGold has 76 million shares and a market cap of CA$57.16 million. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Important Disclosures: NexGold Mining Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of NexGold Mining Inc. James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. 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. For additional disclosures, please click here. ( Companies Mentioned: NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA, ) Full Article
on Strong Investor Demand Pushes Oversubscribed Private Placement Beyond Target By www.streetwisereports.com Published On :: Thu, 07 Nov 2024 00:00:00 PST Source: Streetwise Reports 11/07/2024 Tectonic Metals Inc. (TSXV: TECT; OTCQB: TETOF; FSE: T15B) announced the successful closing of its private placement, which was significantly oversubscribed, raising CA$5,349,171. Read more to find out how this oversubscribed funding round exceeded expectations and what it means for Tectonic's future projects.Tectonic Metals Inc. (TSXV: TECT; OTCQB: TETOF; FSE: T15B) announced the successful closing of its private placement, which was significantly oversubscribed, raising CA$5,349,171. This amount surpassed the company's initial target. Initially announced on October 4, 2024, this extension raised an additional CA$1,691,712 through the issuance of 28,195,200 units priced at CA$0.06 per unit. This total combined the funds from the second tranche with those from the initial tranche and previous offering rounds. Each unit in the placement includes one common share and one-half of a common share purchase warrant, with each full warrant exercisable at CA$0.10 until two years from the offering's close. LIFE units from the offering are freely tradeable, while non-LIFE units are subject to a four-month hold period. In this latest tranche, CA$591,708 was generated through LIFE units, with 9,861,800 common shares and 4,930,900 warrants issued, while HOLD units contributed CA$1,100,004, resulting in the issuance of 18,333,400 common shares and 9,166,700 warrants. Finder's fees in cash totaling CA$98,143 were paid to Canaccord Genuity Corp., Haywood Securities Inc., Ventum Financial Corp., Roche Securities Ltd., Gerhard Merkel, and Black Oak Ventures Ltd. Additionally, Tectonic issued 1,635,714 non-transferable common share purchase warrants to these finders, each exercisable at CA$0.10 until November 1, 2026. The cumulative finder's fees for both the extended and initial offerings amount to CA$226,029, with 3,767,153 finder's warrants issued. This private placement was approved by the TSX Venture Exchange (TSXV). Why Gold? On October 29, Kitco Media's Gary Wagner reported on gold nearing US$2,800, attributing this surge to a mix of "geopolitical conflicts, Federal Reserve interest rate normalization, and strong demand from global central banks." This combination, which Wagner referred to as a "perfect storm," has pushed gold prices up by approximately 35% this year. Emerging market central banks have notably increased their gold reserves as part of a strategic shift away from the U.S. dollar, adding further support to the metal's robust price performance. Further insights from LiveMint on October 30 revealed a strong performance in the gold sector, with MCX gold rates surging in India. This was partly fueled by cultural factors and a rise in retail demand. Chintan Mehta, CEO of Abans Holdings, emphasized gold's safe-haven appeal, stating, "Gold stands out in times of uncertainty . . . a complete safe-haven unlike silver." Despite potential near-term dips, Mehta suggested that such declines would present valuable buying opportunities amid continued demand for gold. In a November 4 report, Egon von Greyerz, founder of VON GREYERZ AG, highlighted the consistent historical role of gold as a protective asset. He took particular note of gold's rise in times of financial instability. He observed, "Gold doesn't lie…an ounce of gold in 1923 was worth 87 trillion Marks," underscoring gold's resilience during currency devaluations. He further anticipated that gold's journey was "only starting now," driven by the ongoing devaluation of fiat currencies. Tectonic's Catalysts The capital raised through Tectonic's private placement aims to support exploration and development at the company's Flat Gold Project in Alaska, a promising district-scale opportunity for open-pit heap leach gold mining. As outlined in the company's October 2024 investor update, Tectonic has prioritized "economic mine" criteria, highlighting heap leach processing potential, high gold recovery rates, and infrastructure access through on-site airstrips and nearby river barge routes, which reduce logistical costs. The company's exploration strategy benefits from strong partnerships and technical expertise, particularly its milestone partnership with Doyon Limited, Alaska's largest private landholder, and Crescat Capital, which together hold significant ownership in Tectonic. Additionally, Tectonic's technical team has established a 100% drill success rate at the Chicken Mountain target, identifying zones of gold mineralization and potential higher-grade starter pits. According to Tectonic's October 2024 presentation, the company's "disciplined, upfront de-risking strategy" aims to secure long-term value and sustainable operational progress at the Flat Gold Project. Analysts Talk Tectonic *Technical analyst Clive Maund strongly endorsed Tectonic Metals Inc., rating it an "Immediate Strong Buy" on October 4. Maund emphasized the potential for "spectacular gains" as Tectonic's stock showed clear signs of a bullish reversal. He noted a "giant Double Bottom base pattern," indicating a rally from lows, supported by an "exceptionally positive volume pattern" and a strengthening Accumulation line, both bullish signals. [OWNERSHIP_CHART-10225] Maund also highlighted Tectonic's Flat Project, noting its substantial scale and favorable mining conditions, especially within the Chicken Mountain Intrusion, where all 74 drill holes intersected gold mineralization, hinting at a "big resource." Additionally, Maund remarked on Tectonic's strategic partnerships. These include Doyon Ltd., which holds nearly 10% of the company's stock, underscoring strong local support and shareholder stability. These factors contributed to his confidence in the stock's growth potential, concluding that the current price represented a strong entry point. Ownership and Share Structure Institutions hold around 32.3%. Doyon Ltd has 9.9% and Crescat Capital has 22.3%. 15% of Tectonic is held by insiders and other institutions.The rest is retail. Tectonic has a market cap of US$16.92 Million with 342.61 Million Free Float Shares. Their 52-week range is US$0.045 - 0.17 Sign up for our FREE newsletter at: www.streetwisereports.com/get-newsImportant Disclosures: Tectonic Metals Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Tectonic Metals Inc. James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. 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. For additional disclosures, please click here. * Disclosure for the quote from the Clive Maund article published on October 4, 2024 For the quoted article (published on October 4, 2024), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$2,500. Author Certification and Compensation: [Clive Maund of clivemaund.com] is being compensated as an independent contractor by Street Smart, an affiliate of Streetwise Reports, for writing the article quoted. Maund received his UK Technical Analysts’ Diploma in 1989. The recommendations and opinions expressed in the article accurately reflect the personal, independent, and objective views of the author regarding any and all of the designated securities discussed. No part of the compensation received by the author was, is, or will be directly or indirectly related to the specific recommendations or views expressed Clivemaund.com Disclosures The quoted article represents the opinion and analysis of Mr. Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks cannot be only be construed as a recommendation or solicitation to buy and sell securities. ( Companies Mentioned: TSXV: TECT;OTCQB: TETOF;FSE: T15B, ) Full Article
on Fair Value on Metals Explorer Increased by Research Firm By www.streetwisereports.com Published On :: Tue, 12 Nov 2024 00:00:00 PST Source: Sid Rajeev 11/12/2024 It is expected that this company significantly will expand the existing resource at its gold-silver project in Nevada, noted a Fundamental Research Corp. report.Western Exploration Inc. (WEX:TSX.V; WEXPF:OTC) had its fair value increased by Fundamental Research Corp. (FRC) to CA$2.67 per share from CA$2.07 on anticipation of a material resource expansion at the Aura gold-silver project in Nevada, FRC Head of Research Sid Rajeev reported in an Oct. 31 research note. "[The company] has made notable strides at its Aura gold-silver project, showcasing promising drill results, and improved recoveries," Rajeev wrote. "With mergers and acquisitions (M&A) activity on the rise, we believe Western Exploration Inc. is emerging as a strong acquisition target." At the time of the report, the explorer was priced at CA$1.24 per share. As such, the new fair value implies a potential return for investors of 115%. Western Exploration remains a Buy. Current Project Highlights Rajeev provided a current overview of the Aura project, noting the company has made significant progress there since FRC's last report, in January. This Nevada property hosts sediment-hosted, Carlin-style gold deposits. Three have been identified there to date: Doby George, Gravel Creek, and Wood Gulch. Doby George hosts near-surface, high-grade oxide gold, and mineralization amenable to heap-leach processing, thereby having the potential for relatively low capex and opex. Recent metallurgical heap-leach tests at Doby George yielded a higher gold recovery rate of 72%, up from 69%. This is on the higher end of recoveries for a typical open-pit mine. Gravel Creek, in contrast, hosts underground, high-grade sulfide gold mineralization. Initial results from an ongoing resource expansion drill program there have been "highly promising," wrote Rajeev. Intercepts have returned unusually high grades, up to 75 grams per ton (75 g/t) gold and 3,080 g/t silver. Assay results from drill hole WGC459 indicate that high-grade mineralization extends at least 80 meters north of the Discovery zone. Preliminary metallurgical test results from Gravel Creek showed "impressive recoveries of 95%" toward the upper end of the usual range for an underground operation. Resource Expansion Potential The current aggregated resource of all three deposits is 652,000 ounces of gold equivalent (652 Koz of Au eq) in the Indicated category and 665 Koz Au eq in the Inferred category. "We believe there is potential for resource expansion as the deposits remain open in multiple directions," Rajeev wrote. He noted which areas remain prospective, and they are Wood Gulch, Gravel Creek, The Gap (the undrilled area between them), the Jarbidge Hanging Wall (without a resource), and the Northeast Extension (undrilled). Catalysts To Watch For Rajeev noted future events that could boost Western Exploration's share price. Results of ongoing drilling at Aura is one. Next year, an update to the Gravel Creek and Doby George resource is expected in H1/25. A preliminary feasibility study for Doby George is slated to follow in Q4/25. Another catalyst is the gold sector, the outlook for which is favorable. M&A activity has picked up as majors are looking for projects to boost their production profile. The trend is positive for this company advancing its precious metals project. "We maintain a positive outlook on gold in light of the anticipated rate cuts by the U.S. Federal Reserve and elevated geopolitical tensions," the analyst wrote. "We see [Western Exploration] as a prime acquisition target." Sign up for our FREE newsletter at: www.streetwisereports.com/get-newsImportant Disclosures: Western Exploration Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Western Exploration Inc. 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. For additional disclosures, please click here. Disclosures for Fundamental Research Corp., Western Exploration Inc., October 31, 2024 Disclaimers and Disclosure The opinions expressed in this report are the true opinions of the analyst about this company and industry. Any “forward looking statements” are our best estimates and opinions based upon information that is publicly available and that we believe to be correct, but we have not independently verified with respect to truth or correctness. There is no guarantee that our forecasts will materialize. Actual results will likely vary. The analyst and Fundamental Research Corp. “FRC” does not own any shares of the subject company, does not make a market or offer shares for sale of the subject company, and does not have any investment banking business with the subject company. Fees were paid by WEX to FRC. The purpose of the fee is to subsidize the high costs of research and monitoring. FRC takes steps to ensure independence including setting fees in advance and utilizing analysts who must abide by CFA Institute Code of Ethics and Standards of Professional Conduct. Additionally, analysts may not trade in any security under coverage. Our full editorial control of all research, timing of release of the reports, and release of liability for negative reports are protected contractually. To further ensure independence, WEX has agreed to a minimum coverage term including an initial report and three updates. Coverage cannot be unilaterally terminated. Distribution procedure: our reports are distributed first to our web-based subscribers on the date shown on this report then made available to delayed access users through various other channels for a limited time. The distribution of FRC’s ratings are as follows: BUY (67%), HOLD (3%), SELL / SUSPEND (30%). To subscribe for real-time access to research, visit https://www.researchfrc.com/website/subscribe/ for subscription options. This report contains "forward looking" statements. Forward-looking statements regarding the Company and/or stock’s performance inherently involve risks and uncertainties that could cause actual results to differ from such forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products/services in the marketplace; acceptance in the marketplace of the Company's new product lines/services; competitive factors; new product/service introductions by others; technological changes; dependence on suppliers; systematic market risks and other risks discussed in the Company's periodic report filings, including interim reports, annual reports, and annual information forms filed with the various securities regulators. By making these forward-looking statements, Fundamental Research Corp. and the analyst/author of this report undertakes no obligation to update these statements for revisions or changes after the date of this report. A report initiating coverage will most often be updated quarterly while a report issuing a rating may have no further or less frequent updates because the subject company is likely to be in earlier stages where nothing material may occur quarter to quarter. Fundamental Research Corp DOES NOT MAKE ANY WARRANTIES, EXPRESSED OR IMPLIED, AS TO RESULTS TO BE OBTAINED FROM USING THIS INFORMATION AND MAKES NO EXPRESS OR IMPLIED WARRANTIES OR FITNESS FOR A PARTICULAR USE. ANYONE USING THIS REPORT ASSUMES FULL RESPONSIBILITY FOR WHATEVER RESULTS THEY OBTAIN FROM WHATEVER USE THE INFORMATION WAS PUT TO. ALWAYS TALK TO YOUR FINANCIAL ADVISOR BEFORE YOU INVEST. WHETHER A STOCK SHOULD BE INCLUDED IN A PORTFOLIO DEPENDS ON ONE’S RISK TOLERANCE, OBJECTIVES, SITUATION, RETURN ON OTHER ASSETS, ETC. ONLY YOUR INVESTMENT ADVISOR WHO KNOWS YOUR UNIQUE CIRCUMSTANCES CAN MAKE A PROPER RECOMMENDATION AS TO THE MERIT OF ANY PARTICULAR SECURITY FOR INCLUSION IN YOUR PORTFOLIO. This REPORT is solely for informative purposes and is not a solicitation or an offer to buy or sell any security. It is not intended as being a complete description of the company, industry, securities or developments referred to in the material. Any forecasts contained in this report were independently prepared unless otherwise stated and HAVE NOT BEEN endorsed by the Management of the company which is the subject of this report. Additional information is available upon request. THIS REPORT IS COPYRIGHT. YOU MAY NOT REDISTRIBUTE THIS REPORT WITHOUT OUR PERMISSION. Please give proper credit, including citing Fundamental Research Corp and/or the analyst, when quoting information from this report. The information contained in this report is intended to be viewed only in jurisdictions where it may be legally viewed and is not intended for use by any person or entity in any jurisdiction where such use would be contrary to local regulations or which would require any registration requirement within such jurisdiction. ( Companies Mentioned: WEX:TSX.V;WEXPF:OTC, ) Full Article
on 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
on 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
on 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
on 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
on Bluefin improves PayConex Gateway to support FSA and HSA payments By thepaypers.com Published On :: Thu, 14 Nov 2024 11:07:00 +0100 Bluefin has expanded the capabilities of its PayConex Omnichannel Gateway to support Flexible Spending Account (FSA) and Health Savings Account (HSA) payments. Full Article
on 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
on 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
on Privately SA and Privado ID partner for privacy-first age verification By thepaypers.com Published On :: Thu, 14 Nov 2024 13:01:00 +0100 SafetyTech company Privately SA has partnered with Privado ID to develop a privacy-focused, device-based age verification solution. Full Article
on Sandi Gibbons on journalism, working for the DA, and why she's retiring By www.scpr.org Published On :: Mon, 08 Apr 2013 12:30:11 -0700 Robert F. Kennedy's speech at the Ambassador Hotel. Sandi Gibbons the woman in the white dress on the bottom right. Patt MorrisonShe’s spent her life on both sides of the microphone. For half of her career she was a reporter, finding herself in places like the Ambassador Hotel ballroom on the night Robert F. Kennedy was shot, and in the courthouse covering Charles Manson. For the other half of her professional life, she spent a lot more time in L.A.’s courthouses as the spokeswoman for the L.A. County District Attorney’s office. She served three DAs, and now she’s hanging it up. Her retirement lunch was attended by three past and present DAs, with a fond message from a fourth, and as many of her reporter and DA friends could fit in the restaurant. RELATED: Veteran reporter, DA spokesperson Sandi Gibbons is retiring Sandi Gibbons has tales to tell, and here she recounts a few funny, moving and plain old perplexing ones from her life in court. And I can tell you from knowing her, she is one great dame. Correction: Original headline spelled Sandi Gibbons' name "Sandy" This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on Patt's Hats: An ensemble in honor of the late Margaret Thatcher By www.scpr.org Published On :: Wed, 10 Apr 2013 17:05:59 -0700 Patt's Hats for Monday, April 8.; Credit: Michelle Lanz/KPCC Patt Morrison with Michelle LanzThe twinset, in russet and camel colors, was my ‘homage’ to Margaret Thatcher, Britain’s first woman prime minister, who died Monday at the Ritz Hotel in London. If you're unfamiliar with a twinset, it's the classic matching sweater-duo ensemble, sleeveless or short-sleeved sweater under a cardigan, a style much favored in the U.S. by June Cleaver and sorority girls in the 1950s, like the classic insufferable rich sorority girl parody from “Auntie Mame": And in Britain by a lady of a certain age and certain class. It is usually worn with pearls, ideally three strands. Odd numbers of strands are considered more chic than even numbers. It’s probably what she wore “off duty” as prime minister. One can’t see her [see, I’m channeling her already!] lounging about Number 10 Downing Street in velour sweats, but on duty and on display in her prime ministerial position, though, she almost always wore a kind of uniform, a brightly colored suit, ladylike but not alluring, and not unlike what the Queen wears. [In the same spirit, the Queen wears twinsets when she’s off-duty and having fun, which is to say at some horsy event or another.] Because Thatcher was Britain’s first woman prime minister, Britons enjoyed handicapping the relationship between their head of state [the Queen] and the head of government [the prime minister]. Theirs was not the affectionate relationship of, for example, the Queen and Winston Churchill. And the best sartorial story about the relationship is the story – which has entered into myth if not into the annals of fact – that Mrs. Thatcher’s office once called Buckingham Palace in advance of a joint appearance to find out what the Queen would be wearing so Mrs. Thatcher wouldn’t commit lese majeste and wear the same color. The Queen, Mrs. T’s office was informed, doesn’t take any notice of what other people are wearing. I wrote about Mrs. T when she came here in 1991 to celebrate the 80th birthday of her “political soulmate,” former president Ronald Reagan. She visited the Reagan library, under construction, and the JPL, among other spots. You can read that account here. And here’s my obituary of the former PM. I last saw her in 2002, in St. Paul’s Cathedral, at the celebration of the Queen’s golden jubilee. I actually heard her before I saw her – that unmistakably clear voice whose pitch she worked hard to shape into the pitch and tone that became part of her political toolkit. Her funeral, next Wednesday, will be at St. Paul’s. Now back to my outfit! The skirt is a vintage Sonia Rykiel, which is worth the constant battle with moths to keep it in repair. I like vintage for myriad reasons: no one else is wearing what you’re wearing … the fabrics are usually of much better quality and more interesting than present-day ones … and unlike current store-bought things, vintage has the merit of being environmentally friendly. I was tickled to see my viewpoint endorsed by the accomplished Vanessa Paradis, the charming and glamorous French singer and actress, Chanel model, Lagerfeld muse, and the new face of H&M’s new environmentally conscious line. Here she talks about embracing those virtues herself. Merci, Vanessa! Oh, I spared the oysters and didn’t wear pearls with my twinset. Rose gold is the choice du jour. Real? I wish! This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on Patt's Hats: Channeling Helena Bonham Carter By www.scpr.org Published On :: Fri, 19 Apr 2013 10:42:17 -0700 Patt's Hats for April 17, 2013.; Credit: Michelle Lanz/KPCC Patt Morrison with Michelle LanzIs it, by chance, Helena Bonham Carter’s birthday? This begged me to take it out of the closet this morning, a frock very much a la Bonham Carter mode. [We all do know that her husband, Tim Burton, is from Burbank, right?] The dress is from Stefanel – anyone know of Stefanel? An Italian company that’s done especially knockout knits. I don’t know that it has any shops here in the U.S. but I hazarded into Stefanel in Europe and liked the attitude, as well as the silhouettes, and this one in particular. The sweater-ribbed knit band at the bottom puts an edge on the frou-frou of the skirt, as do the big hardware snaps on the bodice. [That word, froufrou, or frou-frou, meaning fussy or embellished, or covered with "furbelows." "Furbelows" is one of my favorite fashion words. "Froufrou" dates to France in about 1870, when women’s clothes were exactly that. Sarah Bernhardt, one of my style icons, starred in a play entitled “Frou-Frou.” Of course Bernhardt gets to die ravishingly and at length in the play – she had more ways of expiring than James Bond’s villains ever dreamed up – and even though she only performed in French, American audiences ate it up when she toured here. Bernhardt said she could always recoup her fortunes in the United States, and “Frou Frou” helped her to do just that. This dress, with the taffeta bubble skirt, reminded me of the style worn by Tom Wolfe’s New York society matrons in “The Bonfire of the Vanities.” It’s the magnificently seminal social novel about race and wealth in 1980s New York. Wolfe he called the women “social X-rays” for the bony gauntness they cultivated. If you have not read it, you really must. It lays the groundwork for the lifestyles of the Wall Street rich and notorious of today, and is one of my favorite novels. The Lucite heel on the ankle boots – "Perspex," as the British call it – gives the effect of floating, ballerina-like, across the floor – an effect I will never achieve in real life, so must rely on footwear to give me a semblance of it. I coveted the Lucite-wedge shoes that Maison Margiela sold briefly at H&M, but didn’t have the stamina to wake up at dawn and line up at 6 a.m. back when they went on sale, so these shoes gave me a bit of the same look, along with a full night’s sleep. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on Patt's Hats: An homage to the largest perfect diamond in the world By www.scpr.org Published On :: Mon, 20 May 2013 16:39:47 -0700 Patt Morrison's outfit for May 20. ; Credit: Michelle Lanz/KPCC Patt MorrisonHere’s another version of those capris – these are a lace print from H&M – and while I’ve seen women wearing them with high heels, it just doesn’t seem right somehow. It so sullies the legacies of Mary Tyler Moore and Audrey Hepburn to pair them with anything but flats! This is my version of a cutaway coat. In a coat like this I could attend Royal Ascot, or invent the telegraph. Obviously it’s a girl version, but I feel empowered, even … princely. At least Fred Astaire-ish. Maybe a pair of spats would make me feel more so. And I could waltz facing forward, not dancing backward, a la Ginger. As for the adornments, I am not a hearts-and-butterflies kind of girl, but I do like to wear themed brooches in clusters or multiples, and this pair of hearts – just like a poker hand – seemed to work. One is the arrow-pierced one [not to be confused with the Pierce-Arrow, one of the handsomest motorcars ever made]. And the other, the enormous bogus diamond heart, I got from Butler & Wilson, the imaginative London costume jewelry [or better yet ‘jewellery’] designer. It’s my homage to a recent auction of what may be the largest perfect diamond in the world, 101.73 carats. Harry Winston, the legendary jeweler, bought it for nearly $24 million and has chosen to call it, I am sorry to say, the “Harry Legacy,” which is not the kind of name a diamond like this deserves, one redolent of romance and myth, like “the Hope Diamond” or “the Koh-I-Noor Diamond.” If you have any suggestions about what to name this magnificent perfect diamond, I’d love to hear them. My own faux diamond’s name, I have decided, is “The Rhinestone Corazon.” How do you like it? This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on Patt's Hats: A lei illusion and yellow shoe madness By www.scpr.org Published On :: Wed, 05 Jun 2013 16:59:09 -0700 Patt Morrison's outfit from her June 5, 2013 Patt's Hats entry. ; Credit: Michelle Lanz/KPCC Patt MorrisonThere are so many things I like about this dress – the sleeve length, the boat neck, the fact that it’s navy and not black, and the fact that it wasn’t made in Bangladesh – but mostly it’s the gaily asymmetrical floral design that caught my eye. The pattern is front and back, and I’m a stickler about those things. It looks like I have been loaded down with festive leis, but also loaded with one too many Mai Tais, so the flower garlands are askew as if I were listing a little bit. There’s more of my current yellow shoe madness with these very Michelle Obama kitten-heel slingbacks in two different tones of yellow, one a more acid shade and the other more canary, or perhaps chrome yellow. That’s not to be confused with “Crome Yellow,” a very sardonic Aldous Huxley novel parodying the artsy intelligentsia set of 1920s England. I hope you can see this bracelet. It’s a piece of Victorian mourning jewelry. The Victorians went way, way over the top on this stuff; some of it borders on the ghoulish, with lockets containing elaborately braided locks or even portraits or scenes made entirely from the hair of the deceased. I can admire the artistry but the sentiment can seem excessive. This piece, though, has a black and white enamel border around a tiny fly. Why a fly, I wondered. Then I read the inscription inside: “From JR to AHR [clearly a husband to a wife] in loving memory of our darling little May Queen, died 7th August 1880, age 14 Mos.” That inscription made the fly make sense. It’s a mayfly, a creature that lives a few days, or even just a few minutes, and here was this little girl, born in May – hence the May Queen reference to the mythical springtime queen of antiquity -- and died barely a year thereafter. So sweet, so sad, so human, all from an inscription on a bracelet. The girl’s parents are long dead, and so too are any siblings she may have had, but it can touch us more than 130 years later. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on Patt's Hats: Disney sells Tonto's headdress from 'The Lone Ranger' By www.scpr.org Published On :: Mon, 01 Jul 2013 16:47:55 -0700 Patt Morrison models a headdress from the movie "The Lone Ranger."; Credit: Michelle Lanz/KPCC Patt MorrisonTrust me – you’re going to be seeing a lot of these between now and Halloween. I went to “The Lone Ranger” premiere last month, and outside the theater, Disneyland began selling a version of the Tonto headdress dreamed up by Johnny Depp and his folks for his role in the film, which I found to be a rollicking, ironic version of the classic action adventure with some very sober scenes evoking Native Americans’ tragic history. The inspiration, Depp says, was artist Kirby Sattler’s interpretive 2006 painting “I Am Crow.” Depp himself has claimed Native American ancestry, and the bird atop his bean plays a substantial if silent role in the proceedings. It is an interpretive painting, as I said, not a literal rendering of any tribal makeup. In the Sattler painting, the bird is flying above the figure’s head, not perched on it. But the movie’s invested in storytelling, not the fine points of accuracy. If it had been, it wouldn’t have made the historical solecisms of relocating both Monument Valley and the transcontinental railroad to … Texas. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on Confessions of a fair-weather Dodgers fan By www.scpr.org Published On :: Thu, 03 Oct 2013 06:05:09 -0700 LOS ANGELES, CA - SEPTEMBER 29: Yasiel Puig #66 of the Los Angeles Dodgers walks onto the field to start the game against the Colorado Rockies at Dodger Stadium on September 29, 2013 in Los Angeles, California. (Photo by Lisa Blumenfeld/Getty Images); Credit: Lisa Blumenfeld/Getty Images Patt MorrisonThere are 162 games in the regular season of a major league baseball team, and I have watched exactly … hm … none. Spring, summer, autumn, as the Dodgers died and rose from the dead, I wasn’t looking. But now, like almost everyone else in L.A., I will be cheering them in the playoffs, cheering them to their first World Series game since Michael Dukakis ran for president. I am that deplorable creature: The fair-weather fan. I like sports just fine, but my sport is football. They say baseball is a relaxing game. Boy, is it! You can eat, doze, eat again, and it’s still the fourth inning. I’ve tried to love baseball, I really have. But the diamond can’t beat the gridiron when it comes to football’s built-in thrill advantage: At any possible second, the football can change hands, the defense becomes the offense … and score! Just about the best time I ever had at Dodger Stadium was watching the pope round the bases in his Popemobile, when he visited L.A. That was the year before the Dodgers won the World Series for the last time. I hear baseball players are superstitious; maybe it’s time to invite the new pope for a return engagement. Kitty Felde – now there’s a fan. She’s even written plays about baseball! But she’s way back in the nation’s capital, stuck with the Washington Nationals to root for. A paradox It’s a paradox, really. I’ve interviewed the former Dodgers owner, Peter O’Malley, who is a truly wonderful man. I’ve interviewed Carl Erskine, the Dodgers pitcher who goes back to the Brooklyn days, and a sweeter guy you could never meet. I know Roz Wyman, the First Fan, the city councilwoman who worked the magic to bring the Dodgers here from Brooklyn. I interviewed the McCourts, back when they were still a plural. The L.A. Times once sent me to write about Fernando Valenzuela’s hometown in Mexico, back when El Zurdo started burning up the mound at Chavez Ravine. And I sat with that gift of a man, Vin Scully, at Dodger Stadium, as the team warmed up on the jewel-box beautiful field. None of that made a true baseball believer of me. Instead, I pine like Juliet for a pro football team. O Dodgers, Dodgers, wherefore art thou the Dodgers, and not the Green Bay Packers? But I would be thrilled if the Dodgers took the whole baseball enchilada – thrilled, because I am an Angeleno, and the Dodgers are that rare civic institution that ties us all together, even if you don’t know a base hit from base ten. And that makes me as entitled as the next local to put on my Dodger Blue and holler my heart out, and cheer them all the way to the World Series. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
on Harvesting Knowledge: A Recap of the USGS-NPS Collaboration and Student Engagement at Effigy Mounds By www.usgs.gov Published On :: Wed, 13 Nov 2024 10:03:40 EST The USGS-NPS partnership meeting at Effigy Mounds National Monument on October 24-30, 2024, united scientists, tribal representatives, and NPS staff for collaborative sampling and discussions. This event emphasized integrating traditional ecological knowledge with scientific practices while honoring tribal protocols in environmental research and strengthening partnerships. Full Article
on Engaging the Next Generation of Scientists By www.usgs.gov Published On :: Wed, 13 Nov 2024 10:14:48 EST USGS geologist Dr. Ben Gutierrez gave a guest lecture in the Environmental Science and Water Resource classes at Tennessee State University in October 2024. He discussed USGS coastal and marine science, as well as the many internship opportunities available through USGS. Full Article
on Extensive Drill Program Aims to Unlock New Copper and Molybdenum Zones in Southern Colombia By www.streetwisereports.com Published On :: Tue, 12 Nov 2024 00:00:00 PST Libero Copper and Gold Corp. (LBC:TSX.V; LBCMF:OTCQB) announced the progress and objectives of its 14,000-metre exploration program at the Mocoa porphyry copper-molybdenum project in southern Colombia. Read more to discover how this ambitious program targets high-grade copper and molybdenum zones. Full Article
on 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
on 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
on 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
on NFL, union agree to new drug policy, HGH testing By www.scpr.org Published On :: Wed, 17 Sep 2014 08:57:18 -0700 Wide receiver Wes Welker #83 of the Denver Broncos tries to avoid the tackle of free safety Earl Thomas #29 of the Seattle Seahawks during Super Bowl XLVIII at MetLife Stadium in this file photo taken February 2, 2014 in East Rutherford, New Jersey. Under a new drug policy agreed to by the NFL and the players union, Welker and two other suspended players will be allowed to return to the field.; Credit: Jeff Gross/Getty Images The NFL said Wednesday that its new performance-enhancing drug policy will allow the Broncos' Wes Welker and two other suspended players to return to the field this week. The deal with the players association also adds human growth hormone testing, ending several years of wrangling between the league and the union. Welker, Dallas Cowboys defensive back Orlando Scandrick and St. Louis Rams wide receiver Stedman Bailey had been suspended for four games. Under the new rules, players who test positive for banned stimulants in the offseason will no longer be suspended. Instead, they will be referred to the substance abuse program. The league and union are also nearing an agreement on changes to the substance abuse policy. That could reduce Cleveland Browns receiver Josh Gordon's season-long ban. Testing for HGH was originally agreed upon in 2011, but the players had balked at the science in the testing and the appeals process for positive tests. Under the new deal, appeals of positive tests in the PED program will be heard by third-party arbitrators jointly selected by the NFL and union. Appeals will be processed more expeditiously under altered procedures Testing should begin by the end of the month. The new rules also change the length of suspensions. Previously, all first-time violations of the performance-enhancing drug policy resulted in at least a four-game suspension. Now, use of a diuretic or masking agent will result in a two-game suspension. The punishment for steroids, in-season use of stimulants, HGH or other banned substances is four games. Evidence of an attempt to manipulate a test is a six-game suspension. A second violation will result in a 10-game ban, up from a minimum of eight games. A third violation is at least a two-year suspension. Before, the ban was at least a year. Full Article
on 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
on 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
on Ellison gives up Oracle CEO role, becomes chairman By www.scpr.org Published On :: Thu, 18 Sep 2014 13:53:02 -0700 Larry Ellison, CEO of Oracle Corporation, gestures as he makes a speech during the New Economy Summit 2014 in this file photo taken in Tokyo on April 9, 2014. The company said Thursday, September 18, 2014, that Ellison would step aside as CEO and become chairman and chief technology officer.; Credit: TORU YAMANAKA/AFP/Getty Images Oracle says Larry Ellison is stepping aside as CEO of the company he founded. The business software maker promoted Safra Catz and Mark Hurd to replace him as co-CEOs. Ellison will reclaim the title of chairman at Oracle and is also taking the role of chief technology officer. Oracle says Ellison wants to focus on product engineering, technology development and strategy. Jeff Henley, Oracle's chairman since January 2004, is now its vice chairman. Catz and Hurd were co-presidents of the Redwood Shores, California, company. Catz will be in charge of the company's manufacturing, finance and legal functions. Hurd will be in charge of sales, service, and other global business units. Ellison founded Oracle Corp. in 1977 and was its chairman from May 1995 to January 2004. Full Article
on 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
on NFL Commissioner Roger Goodell says he never considered resigning following abuse scandals By www.scpr.org Published On :: Fri, 19 Sep 2014 13:04:00 -0700 NFL Commissioner Roger Goodell talks during a press conference at the Hilton Hotel on Sept. 19, 2014 in New York City. Goodell spoke about the NFL's failure to address domestic violence, sexual assault and drug abuse in the league.; Credit: Elsa/Getty Images Update 1:04 p.m. Goodell: 'Same mistakes can never be repeated' Commissioner Roger Goodell says the NFL wants to implement new personal conduct policies by the Super Bowl. At a news conference Friday, Goodell made his first public statements in more than a week about the rash of NFL players involved in domestic violence. He did not announce any specific changes, but said he has not considered resigning. "Unfortunately, over the past several weeks, we have seen all too much of the NFL doing wrong," he said. "That starts with me." The league has faced increasing criticism that it has not acted quickly or emphatically enough concerning the domestic abuse cases. The commissioner reiterated that he botched the handling of the Ray Rice case. "The same mistakes can never be repeated," he said. Goodell now oversees all personal conduct cases, deciding guilt and penalties. He said he believes he has the support of the NFL's owners, his bosses. "That has been clear to me," he said. The Indianapolis Colts' Darius Butler was among those who tweeted criticism of the press conference: Colts tweet 1 Colts tweet 2 The commissioner and some NFL teams have been heavily criticized for lenient or delayed punishment of Rice, Adrian Peterson and other players involved in recent domestic violence cases. Less than three weeks into the season, five such cases have made headlines, the others involving Greg Hardy, Ray McDonald and Jonathan Dwyer. Vikings star running back Peterson, Carolina defensive end Hardy and Arizona running back Dwyer are on a special commissioner's exemption list and are being paid while they go through the legal process. McDonald, a defensive end for San Francisco, continues to practice and play while being investigated on suspicion of domestic violence. As these cases have come to light, such groups as the National Organization of Women and league partners and sponsors have come down hard on the NFL to be more responsive in dealing with them. Congress also is watching to see how the NFL reacts. In response to the criticism, the NFL announced it is partnering with a domestic violence hotline and a sexual violence resource center. Goodell also said in a memo to the clubs late Thursday that within the next 30 days, all NFL and team personnel will participate in education sessions on domestic violence and sexual assault. The memo said the league will work with the union in providing the "information and tools to understand and recognize domestic violence and sexual assault." The league will provide financial, operational and promotional support to the National Domestic Violence Hotline and the National Sexual Violence Resource Center. 12:07 p.m. Roger Goodell to break silence on domestic abuse and the NFL Roger Goodell will make his first public statements in more than a week about the rash of NFL players involved in domestic violence when he holds a news conference Friday. The NFL commissioner will address the league's personal conduct policy. The league has faced increasing criticism it has not acted quickly or emphatically enough concerning the domestic abuse cases. His last public appearance was at a high school in North Carolina on Sept. 10. The commissioner and some NFL teams have been heavily criticized for lenient or delayed punishment of Ray Rice, Adrian Peterson and other players involved in recent domestic violence cases. Less than three weeks into the season, five such cases have made headlines, the others involving Greg Hardy, Ray McDonald and Jonathan Dwyer. Vikings star running back Peterson, Carolina defensive end Hardy and Arizona running back Dwyer are on a special commissioner's exemption list and are being paid while they go through the legal process. McDonald, a defensive end for San Francisco, continues to practice and play while being investigated on suspicion of domestic violence. As these cases have come to light, such groups as the National Organization of Women and league partners and sponsors have come down hard on the NFL to be more responsive in dealing with them. Congress also is watching to see how the NFL reacts. In response to the criticism, the NFL announced it is partnering with a domestic violence hotline and a sexual violence resource center. Goodell also said in a memo to the clubs late Thursday that within the next 30 days, all NFL and team personnel will participate in education sessions on domestic violence and sexual assault. The memo said the league will work with the union in providing the "information and tools to understand and recognize domestic violence and sexual assault." The league will provide financial, operational and promotional support to the National Domestic Violence Hotline and the National Sexual Violence Resource Center. "These commitments will enable both the hotline and NSVRC to help more people affected by domestic violence and sexual assault," Goodell said in the memo. The National Domestic Violence Hotline provides domestic violence victims and survivors access to a national network of resources and shelters. It is available 24 hours a day, seven days a week in 170 languages. Goodell noted that the hotline received 84 percent more calls from Sept. 8-15, and the organization said more than 50 percent of those calls went unanswered because of lack of staff. "The hotline will add 25 full-time advocates over the next few weeks that will result in an additional 750 calls a day being answered," he said. NSVRC supports sexual violence coalitions across the United States. The NFL's initial support will be directed toward state coalitions to provide additional resources to sexual assault hotlines. This story has been updated. Full Article
on Construction helps California lead nation in job creation in August By www.scpr.org Published On :: Fri, 19 Sep 2014 14:09:44 -0700 A job seeker fills out an application during a career fair at the Southeast Community Facility Commission on May 21, 2014 in San Francisco; Credit: Justin Sullivan/Getty Images California employers added 44,200 jobs in August, the largest gain of any state in the country. The state's unemployment rate stood still at 7.4 percent, compared to 6.1 percent nationwide. "When the national numbers came out for August, and we saw a significant slowdown in job creation, we were a little bit concerned that we'd see the same thing happening here," said economist Kimberly Ritter-Martinez of the Los Angeles County Economic Development Corporation. "But in California, we stayed pretty much on track, outpacing the nation in terms of job creation." The construction sector was a huge contributor to California's job growth in August, with a gain of 13,600 jobs. The other sectors with large gains were Education/Health Services (+12,200), and Professional/Business Services (+10,600). "We've been seeing steady increases in construction employment for some time, but it has been a slow steady increase," said Tom Holsman, CEO of the Associated General Contractors of California. "Recent increases are attributable to many projects that have been in the early stages of startup gaining momentum," Holsman added, citing LA County Metro transit projects and the new Wilshire Grand Hotel construction project as local examples. In Los Angeles County, the unemployment rate also stayed flat at 8.1 percent, but it remains far lower than the 9.9 percent of August of 2013. In the last twelve months, the L.A. County Metro area has gained 6,600 construction jobs, a rate of 5.6 percent. Ritter-Martinez, of the LAEDC says other economic indicators support a boost in construction jobs at the Los Angeles and statewide levels: permits for new housing construction, remodeling, and non-residential construction are all on the rise. "Builders and developers are reporting that they're having trouble finding some skilled labor for construction," Ritter-Martinez said. "It's taken so long for that sector to come back, a lot of construction people have gone off and found other kinds of jobs or moved out of the region." In Orange County, the unemployment rate was 5.4 percent, down from 5.7 percent in July. The unemployment rate in the Riverside-San Bernardino-Ontario area was 8.7 percent in August 2014, down from a revised 9.3 percent in July 2014. Full Article
on 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
on Volkswagen boosts bet on Rivian's EV tech by USD 800 million By cio.economictimes.indiatimes.com Published On :: Thu, 14 Nov 2024 09:56:02 +0530 The companies also named leaders for their multibillion-dollar joint venture and showcased a prototype EV. The spending may ease concerns about Rivian's cash burn and give the German carmaker access to its US partner's software technology - an area where VW has stumbled. Full Article
on 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
on 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
on Major Apple supplier Foxconn expected to report strong Q3 results on AI boom By cio.economictimes.indiatimes.com Published On :: Thu, 14 Nov 2024 10:06:21 +0530 Foxconn's shares have surged more than 100% so far in 2024, far outperforming the broader market's 28% gain. Foxconn said last month it was building in Mexico the world's largest manufacturing facility for bundling Nvidia's GB200 superchips, a key component of the US firm's next-generation Blackwell family computing platform. Full Article
on 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