Hollywood celebrity Matt Damon and family vacation in Costa Rica

first_imgRelated posts:Beyoncé reunites with Destiny’s Child in Costa Rica for Kelly Rowland’s wedding Mexico said set to announce new capital airport opening in 2018 World’s fastest man Usain Bolt partying in Costa Rica Honduras to convert US-built airbase into airport for capital The actor who portrayed the down-on-his-luck Will Hunting looks like he’s living more like the talented Mr. Ripley these days. Oscar-winner Matt Damon and his family arevacationing in the Pacific beach town of Santa Teresa, according to the daily La Nación.Damon, 43, was reportedly seen surfing Tuesday morning off the famous beach. The “Ocean’s 11” star and his family strolled the dusty streets of Santa Teresa and posed for pictures and gave autographs, according to the dispatch.“They seem to really enjoy being here and they behave really well. [Damon] is a very friendly guy with everyone,” chef Gary González of the restaurant Habanero told La Nación.The daily reported that Damon and his wife, Luciana Barroso, and their daughters Isabella, Gia and Stella, and stepdaughter Alexia entered the country on June 28 and have not yet left.This is Damon’s third visit to Costa Rica, the Immigration Administration confirmed to The Tico Times. In July 2013, Damon and his family were also spotted in Santa Teresa.The Boston native’s latest film, “The Monuments Men,” was released in February. Facebook Commentslast_img read more

Freddie Mac Expect Less Refi Activity in 2017

first_img October 20, 2016 663 Views Freddie Mac Housing Market U.S. Economy 2016-10-20 Seth Welborn Freddie Mac: Expect Less Refi Activity in 2017 in Daily Dose, Data, Featured, Newscenter_img (Editor’s note: For more on this topic, see the cover story in the forthcoming November issue of MReport magazine which covers the possible end of the refi boom more in-depth)By Ryan SchuetteMortgage markets are doing well, but don’t take anything for granted—especially with looming declines in refinance originations and less certainty around the broader economy.That’s the synopsis of an economic forecast out from Freddie Mac on Thursday. According to the GSE, $2 trillion in total originations expected this year could dip to about $1.7 trillion in 2017.Part of that is due to a cool-off in refinance originations activity. Freddie Mac predicted a steep decline in this sector—by some 41 percent, a fall from $1 trillion in refinance activity to about $600 billion.The expected declines also owe to unpredictable interest-rate moves from the Federal Reserve and the ripple effect of a post-Brexit world economy, according to the analysis.”As the economy sputters along a little bit faster than stall speed, the U.S. housing market continues to be a bright spot, though there’s less room to run than in the prior few years,” Sean Becketti, chief economist for Freddie Mac, said in a statement. “Unlike new home sales, existing home sales have nearly recovered back to pre-recession norms.“However, worldwide economic growth is weak and its prospects have gotten worse. This may all sound familiar because we’ve been here before,” Becketti added.According to the analysis, the economy should chug along at 1.9 percent year-over-year, with 1.6 percent in GDP growth in 2016. The 30-year fixed-interest mortgage could very well average 3.9 percent fourth quarter next year.The GSE also predicted that total home sales will feel a drag, with an uptick in new single-family housing construction lifting that count only slightly higher to 6.16 million, marginally better than 6.04 million reported in 2016.“[W]e see new home sales improving some next year driven by increases in new single-family housing construction which will push total home sales slightly higher,” Becketti said. Sharelast_img read more

Derrick Hall satisfied with Dbacks buying and se

first_img Derrick Hall satisfied with D-backs’ buying and selling Cardinals head coach Kliff Kingsbury will forever be tied to Rams counterpart Sean McVay.Had McVay not found near-immediate success as a young, offensive innovator, Arizona likely wouldn’t have pulled the trigger in handing the franchise keys to a recently-fired Texas Tech head coach with no NFL coaching experience.The two coaches are also good friends — good enough friends that McVay recently pulled quite the prank on his buddy while the two shared a dinner with Kansas City Chiefs quarterback Patrick Mahomes. 5 Comments   Share   The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Former Cardinals kicker Phil Dawson retires Cardinals head coach Kliff Kingsbury, left, and Rams head coach Sean McVay, right. (AP photos) “I kind of tricked him into thinking he was going to be in trouble with the league with tampering and stuff like that,” McVay told ESPN’s Adam Schefter on The Adam Schefter Podcast. “I think his assistant got all wigged out. He was worried about losing (draft) picks.”Related LinksCardinals to host DE Nick Bosa in Arizona, per reportArizona Sports NFL Mock Draft Tracker: Who’s next for the Cards at No. 1?Alright, we need details, Sean.“We have a mutual friend that I put his name in my phone as (NFL commissioner) Roger Goodell,” McVay told Schefter. “I had this friend send me a text saying, ‘I can’t believe you’re at dinner with Kingsbury and Mahomes. You know better than this. This is tampering. You’re both losing picks.’ And I showed Kliff the text. He saw a ghost.”That’s pretty innovative! It turns out McVay’s secret sauce of leading an NFL team to the Super Bowl doesn’t include a Belichickien aversion to hanging out with friends and having a little fun.Next up: Let’s wait to see if and how Kingsbury might get McVay back.“I’m pretty proud of that one, Adam,” the Rams coach said of his relatively elaborate prank. “(Kingsbury) said, ‘That’s messed up. I’m getting you back.’” Top Stories Grace expects Greinke trade to have emotional impactlast_img read more

US pay TV providers will lose 26 of their legacy

first_imgUS pay TV providers will lose 26% of their legacy subscriber base by 2030 amid growing competition from virtual pay TV providers, according to The Diffusion Group (TDG).The research and advisory firm said it expects legacy multichannel video programming distributors (MVPDs) to experience “considerable subscriber losses” in the coming years.TDG tips legacy pay TV penetration to fall from 81% of US households in 2017 to 60% in 2030. Over the same time period it expects the penetration of virtual pay TV services – such as Sling TV, DirecTV Now and YouTube TV – to grow from roughly 4% of US households to 14%. This marks an increase of 350% but from a very small base.“TDG said early on that the future of TV was an app. Unfortunately, most incumbent MVPDs weren’t taking notes,” said Joel Espelien, TDG senior analyst.“The question is no longer if the future of TV is an app, but how quickly and economically incumbents can adapt to this truth and transition to an all-broadband app-based live multi-channel system.”Overall TDG’s report, ‘The Rise of the Virtual Pay TV Provider’, claims that the penetration of live multi-channel pay TV services will decline from 85% of US households in 2017 to 79% in 2030.It said that while this represents a loss of only 7%, it illustrates the “ongoing secular decline of a once healthy market space”.TDG predicts that by 2030, roughly 30 million US households will live without an MVPD service of any kind.last_img read more

Not only will Haggerty walk free but he has named

first_img“Not only will Haggerty walk free but he has named none of the police officers who were involved in collusion on a grand scale.“It is unacceptable that so many innocent people died and those with blood on their hands get a ‘discount’ on their sentences while their minders go free.“I sat in court today with families as atrocity after atrocity committed by Haggarty was catalogued.“It was harrowing and a reminder of the pain that victims and survivors continue to endure as a result of a political failure to meet their needs,” added Mr Dallat. With time spent on remand, Haggarty could be free within weeks if Life Sentence Parole Commissioners agree to release him on licence.DALLAT: VICTIMS LET DOWN BY ‘SUPERGRASS’ HAGGARTY SENTENCE was last modified: January 29th, 2018 by John2John2 Tags: BELFAST CROWN COURTDALLAT: VICTIMS LET DOWN BY ‘SUPERGRASS’ HAGGARTY SENTENCEEAST DERRYGARY HAGGARTYJOHN DALLATPPSPSNISDLP MLAN SDLP MLA John Dallat has said that victims are sorely disappointed and feel let down by the scale of the reduced sentence handed down to former UVF chief Gary Haggarty for his involvement in hundreds of crimes, including five murders.The 46-year-old former UVF commander was handed a life tariff sentence of 35 years for after pleading guilty to 202 terrorist offences including string of murders attempted murders, conspiracy to murder, shootings, bombings, beatings and directing terrorism.But because he became a British state ‘supergrass’ the judge reduced that sentence to six and a half years.center_img Speaking from Belfast’s Crown Court today, alongside victims, Mr Dallat said:“Relatives of those murdered by UVF death gangs with the involvement of Gary Haggarty don’t believe they got justice in Court 13 today.“While they were prepared for some ‘discount’ for Haggerty they didn’t expect the scale of the reduction he has received for a series of heinous murders.“After committing despicable crimes, it feels like he’s been given a ‘get out of jail free’ card. ShareTweetlast_img read more

Doug spoke in trenchant munificent stentorian and

first_imgDoug spoke in trenchant munificent stentorian and intelligent terms—everyone  should  read  and  ponder what he spoke so eloquently about.—Anonymous Recommended Link In Case You Missed It… Our colleague Teeka Tiwari is a crypto investing expert. He’s very bullish on the sector and has helped his subscribers score gains of up to 20,000%. This Thursday, Teeka is hosting a free cryptocurrency training seminar. Reserve your spot right here. Recommended Link I read your email, and it disturbed me far more than the subject itself. To lump all protestors together as being created by someone else’s agenda rather than thoughtful humans concerned about an injustice saddened me. But it did get me to look into the story more. I found a very thoughtful article you might find interesting. —Amy But don’t just take my word for it. Look at what Phyto Partners is doing… Phyto Partners is a venture capital fund that invests in early-stage cannabis companies. Today, it has 12 companies in its portfolio. And none of them grow, process, or sell marijuana. Instead, they serve the marijuana industry.One of those companies, New Frontier Data, is a major marijuana data firm. Another, Steep Hill Labs, is a leader in marijuana lab testing. Then there’s Grownetics…• This company is radically changing how people grow marijuana… I know because I recently visited the Grownetics team in downtown Boulder, Colorado. In a minute, I’ll tell you how Grownetics is revolutionizing the marijuana industry. I’ll also tell you about the incredible insight I learned while in Boulder. But let me first tell you what I was doing there. After all, Boulder’s a long way from Casey Research’s headquarters in Florida.• In June, I did something I’ve wanted to do for years… I turned in my apartment key. I sold most of my belongings. And I hit the road. That’s right. I left sunny South Florida to become a digital nomad. I did this because I’ve come to realize something working with Doug Casey… The best money-making opportunities are rarely in plain sight. More often than not, they’re hidden. This means you need to go “into the field” to find them. That’s particularly true for the legal marijuana market, which is being born before our eyes.• So I went to the frontlines of this emerging industry… My first stop was Vancouver. I spent all of July there. After that, I went to San Francisco for three weeks. Then, I spent nearly all of September in Colorado. There, I visited an indoor marijuana growing facility. I toured a state-of-the-art cannabis research lab. And yes, I drove to Boulder to meet the Grownetics team. I did this because an industry insider told me that Grownetics is doing incredible work. And he wasn’t joking… 3 Marijuana Stocks to Buy Right Now Canada is set to vote on a new nationwide law that will set off the biggest event in the history of marijuana. The Canadian pot market will explode from $400 million to $8 billion. And new marijuana millionaires will be minted. If you missed out on the first marijuana boom, when penny pot stocks delivered peak gains of 7,820%… 6,233%… and 3,986%… often in months… This is your second and final chance. Don’t miss out again. Discover the 3 companies that will dominate the marijuana market.center_img — Teeka’s new cryptocurrency prediction will shock you Teeka’s previous cryptocurrency predictions could have made you 1,241%, 2,050% and even 14,354% in as little as 6 months. To get his latest prediction – including the name of the crypto he calls “the next big thing in cryptocurrencies” – click here. By Justin Spittler, editor, Casey Daily Dispatch Big money is pouring into marijuana. During the first four months of 2017, cannabis-related companies raised more than $700 million. That’s almost seven times more than they raised during the same period last year. This isn’t “dumb money,” either. Some of the world’s savviest investors have placed huge bets on marijuana. Peter Thiel, for example, recently invested millions of dollars in Privateer Holdings, a private equity firm focused on legal cannabis. Thiel was an early investor in Facebook, and is a legend in Silicon Valley. Then there’s venture capital firm Benchmark Capital, which was an early investor in Twitter, Uber, Snapchat, and Instagram. It recently put $8 million in Hound Labs, an Oakland-based startup that’s developing a device to test whether drivers are under the influence of marijuana. These are big investments from big-time investors.• It tells us the marijuana boom is for real… And that’s exactly why you should consider speculating on marijuana stocks if you haven’t already. But you should realize something before diving in… The best marijuana investments aren’t traditional marijuana companies. They’re companies that serve the industry. • You see, Grownetics isn’t your typical marijuana company… It doesn’t grow marijuana. It doesn’t own dispensaries. And it doesn’t make marijuana edibles. Instead, it’s a technology company that’s solving one of the marijuana industry’s biggest problems. You see, most marijuana companies have a “head of cultivation” on staff. This person feeds, waters, and monitors the health of marijuana plants at an indoor facility. Over time, they figure out what the plants like and what they don’t like. And many head cultivators simply write this information down in a journal. This approach isn’t just old-fashioned. It’s risky. Think about it. If the head of cultivation walks, they’re going to take that information with them. And that basically screws over the owner of the facility.• Grownetics wants to fix this problem with technology… And here’s how… Grownetics builds operating systems for indoor farmers and greenhouse cultivators. This system includes management software linked to a network of high-resolution sensors inside marijuana growing facilities. These sensors monitor room temperature, lighting, humidity, CO2 levels, and a host of other inputs. Grownetics’ software then organizes this data in a way that’s easy to understand. This saves companies time and money. And it helps them boost the yield and potency of their crop. (You can learn more about the incredible work that Vince and his team are doing by visiting their website right here.) In short, Grownetics helps companies grow better pot, and a lot more of it. That’s why the company has customers all over the country, and a rapidly growing pipeline…• But I know what you’re probably thinking… “Marijuana’s a weed. How hard can it possibly be to grow?” Well, actually, it can be very difficult. That’s because marijuana’s a very complex plant. In fact, Grownetics COO Vince Harkiewicz told me there’s “never been a pharmaceutical crop like marijuana”: The closest thing might be poppies, which are used to make opiates for pharmaceutical industries, but that’s just one chemical you’re producing. With cannabis, there’s hundreds of cannabinoids and terpenes in the plant. And they all affect the way the medicine is received by the patient. That’s right. • Marijuana isn’t just a plant that gets people high… It’s also medicine. That’s why the world’s top botanists are coming to the marijuana industry in droves. It’s why the world’s best investors are pouring billions into marijuana companies. It’s also why companies are paying top dollar for Grownetics’ services.• Now, I unfortunately can’t recommend Grownetics to you… The company’s private, and a startup at that. So, why did I tell this story? Simple. Most people have ridiculous misconceptions about the marijuana industry. They think the industry’s run by stoners, hippies, and burnouts. But that couldn’t be further from the truth. The industry’s attracting world-class entrepreneurs, engineers, and scientists. It’s employing real science. And it’s developing its own cutting-edge technology. In short, the legal marijuana industry is becoming more and more like Big Pharma every day.• Soon, everyday investors will figure this out… When that happens, money will pour into marijuana stocks like we’ve never seen. That’s something you want to be ready for. So, consider buying marijuana stocks if you haven’t already. Just understand that these stocks are still very speculative. So, do your homework before diving in. I also encourage you to read these recent articles of mine: Why This U.S. Army Officer Retired to Focus on Cannabis The Great Marijuana Bull Market Has Officially Arrived The Window’s Closing…But You Can Still Become a “Marijuana Millionaire” The No. 1 Mistake Marijuana Investors Are Making As you’ll see, the biggest opportunities in marijuana aren’t in the States. They’re north of the border in Canada…Regards,Justin Spittler New Orleans, LA October 31, 2017 P.S. This marijuana boom is just getting started. And now is the time to own the best stocks to take advantage. We have a basket of marijuana companies in our Crisis Investing newsletter that are set to soar in the coming years. You can access these names, along with all of our research on the sector, with a subscription to Crisis Investing. Click here to learn more. Sights From the Road Earlier, I told you how I left sunny South Florida to become a traveling analyst. So far, my world tour has taken me to Vancouver, Seattle, San Francisco, Denver, Las Vegas, South Carolina, and New Orleans. Along the way, I’ve seen some incredible things. So today, I’m going to share a few photographs that I took at Grownetics’ headquarters in downtown Boulder. The first photo shows the workstation in Grownetics’ lab. Next, a 3D printing machine that Vince and his team use to make components. Finally, here’s a photo of an award that Grownetics picked up last year at the 2016 Cannabist Awards in Las Vegas for Best Technology Start-up. As you can see, Vince and the rest of the Grownetics team are doing some incredible things. So, be sure to check out their website to learn more about them.Reader MailbagToday, readers write in with their thoughts on Doug Casey’s interview on cultural appropriation:Doug—you are right on the money, as usual. The SJW mentality is a step towards control, and the type of control they desire is evident from those who have done this before.—Barry —last_img read more

Bloodwork was supposed to be the last step in Isel

first_imgBloodwork was supposed to be the last step in Isela’s application for life insurance. But when she arrived at the lab, her appointment had been canceled.”That was my first warning,” Isela says. She contacted her insurance agent and was told her application was denied because something on her medication list indicated that Isela uses drugs. Isela, a registered nurse who works in an addiction treatment program at Boston Medical Center, scanned her med list. It showed a prescription for the opioid-reversal drug naloxone — brand name Narcan.”But I’m a nurse, I use it to help people,” Isela remembers telling her agent. “If there is an overdose, I could save their life.”That’s a message public health leaders aim to spread far and wide. “BE PREPARED. GET NALOXONE. SAVE A LIFE,” was the message at the top of a summary advisory from the U.S. surgeon general in April.But some life insurers consider the use of prescription drugs when reviewing policy applicants. And it can be difficult, some say, to tell the difference between someone who carries naloxone to save others and someone who carries naloxone because they are at risk for an overdose.Primerica is the insurer Isela says turned her down. (NPR has agreed to use just Isela’s first name because she is worried about how this story might affect her ongoing ability to get life insurance.) The company says it can’t discuss individual cases. But in a prepared statement, Primerica notes that naloxone has become increasingly available over the counter.”Now, if a life insurance applicant has a prescription for naloxone, we request more information about its intended use as part of our underwriting process,” says Keith Hancock, the vice president for corporate communications. “Primerica is supportive of efforts to help turn the tide on the national opioid epidemic.”After Primerica turned her down, Isela applied to a second life insurer and was again denied coverage. But the second company told her it might reconsider if she obtained a letter from her doctor explaining why she needs naloxone. So, Isela did contact her primary care physician — and then realized that her doctor had not prescribed the drug.Isela had bought naloxone at a pharmacy. To help reduce overdose deaths, Massachusetts and many other states have established a standing order for naloxone — one prescription that works for everybody. Isela couldn’t just give her insurer that statewide prescription; she had to find the doctor who signed it. As it happens, that physician — Dr. Alex Walley — also works at Boston Medical Center.Walley is an associate professor of medicine at Boston University; he also works in addiction medicine at Boston Medical Center and is the medical director for the Opioid Overdose Prevention Pilot Program at the Massachusetts Department of Public Health.”We want naloxone to be available to a wide group of people — people who have an opioid use disorder themselves, but also [those in] their social networks and other people in a position to rescue them,” Walley says.He says he’s written a half dozen letters for other BMC employees denied life or disability insurance because of naloxone, and that troubles him.”My biggest concern is that people will be discouraged by this from going to get a naloxone rescue kit at the pharmacy,” Walley says. “So this has been frustrating.”The life insurance hassle — and threat of being turned to down — has discouraged Isela and some of her fellow nurses. She is not carrying a naloxone kit outside the hospital right now because she doesn’t want it to show up on her active medication list until the life insurance problem is sorted out.”So if something were to happen on the street, I don’t have one — just because I didn’t want another conflict,” Isela said.BMC has alerted the state’s Division of Insurance, which has said in a written response that it is reviewing the cases and drafting guidelines for “the reasonable use of drug history information in determining whether to issue a life insurance policy.”But Isela isn’t a drug user. And yet, she is being penalized as if she were.Michael Botticelli, who runs the Grayken Center for Addiction Medicine at BMC, says friends and family members of patients with an addiction must be able to carry naloxone without fear that doing so will send them to the insurance reject pile.”It’s incumbent on all of us to make sure that we try to kind of nip this in the bud,” he says, “before it is any more wide-scale.”Botticelli says increased access to naloxone across Massachusetts is one of the main reasons overdose deaths are down in the state. The most recent state report shows 20 fewer fatalities this year compared to last.Botticelli relayed his concerns in a letter to Dr. Jerome Adams, the U.S. surgeon general, who says he contacted the National Association of Insurance Commissioners. That group says it has not heard of any cases of life insurance applicants being denied because they purchased naloxone.Adams says it’s good to, as Botticelli suggests, nip the problem in the bud.”Naloxone saves lives,” Adams says, “and it is important that all Americans know about the vital role bystanders can play in preventing opioid overdose deaths when equipped with this lifesaving medication.”Isela says the second company that rejected her has agreed to let her reapply, in light of Walley’s letter stating that she carries the drug so that she can reverse an overdose. Isela is in the process of reapplying.This story is part of a reporting partnership with NPR, WBUR and Kaiser Health News. Copyright 2018 WBUR. To see more, visit WBUR.last_img read more

Rice University expert available to discuss Texas first samesex marriage

first_imgAddThis Rice UniversityOffice of Public Affairs / News & Media RelationsEXPERT ALERTDavid Ruth713-348-6327david@rice.eduAmy McCaig713-348-6777amym@rice.edu Sharecenter_img Rice University expert available to discuss Texas’ first same-sex marriageHOUSTON – (Feb. 19, 2015) – Despite Texas’ ban on gay marriage, the first same-sex couple has been legally married in Travis County today through a court order. Brian Riedel, assistant director of Rice’s Center for the Study of Women, Gender and Sexuality, is available to discuss the timely issue.The marriage follows a Feb. 17 ruling by Travis County Probate Judge Guy Herman, who said that Texas’ ban on same-sex marriage violates the U.S. Constitution.“The recent ruling by Travis County Judge Guy Herman is very welcome, and congratulations are due to Sarah Goodfriend and Suzanne Bryant,” Riedel said. “However, Judge Herman’s ruling is not the final word on the matter; it opens up a path for those opposed to same-sex marriages to legally block further marriages in Texas.”Riedel noted that Justice Clarence Thomas’ recent remarks on same-sex marriage are a reminder that the United States Supreme Court has yet to rule definitively on the issue.“Much is still in motion on same-sex marriage at the state and federal levels,” Riedel said. “At the same time, marriage is not the primary issue for many people in Texas; Houston is also awaiting a ruling from District Judge Robert Schaffer on whether the petition to block the Houston Equal Rights Ordinance will stand.”In addition to his involvement with the Center for the Study of Women, Gender and Sexuality, Riedel is a professor in the practice of humanities and has taught Introduction to LGBT Studies and Sexual Debates in the U.S. at Rice. He holds a Ph.D. in anthropology from Rice and a bachelor’s degree in anthropology from the University of North Carolina at Chapel Hill. Riedel’s research interests include international activism and the preservation of Houston’s LGBT history.To schedule an interview with Riedel, contact Amy McCaig, senior media relations specialist at Rice, at amym@rice.edu or 713-348-6777.-30-Follow Rice News and Media Relations on Twitter @RiceUNews.Located on a 300-acre forested campus in Houston, Rice University is consistently ranked among the nation’s top 20 universities by U.S. News & World Report. Rice has highly respected schools of Architecture, Business, Continuing Studies, Engineering, Humanities, Music, Natural Sciences and Social Sciences and is home to the Baker Institute for Public Policy. With 3,920 undergraduates and 2,567 graduate students, Rice’s undergraduate student-to-faculty ratio is just over 6-to-1. Its residential college system builds close-knit communities and lifelong friendships, just one reason why Rice is highly ranked for best quality of life by the Princeton Review and for best value among private universities by Kiplinger’s Personal Finance. To read “What they’re saying about Rice,” go here.last_img read more

Is Big Pharma for or Against Legalizing Medical Marijuana Maybe Both

first_img Get 1 Year of Green Entrepreneur for $19.99 Cannabis Journalist | Tech Evangelist Covering High Growth Trends 8 min read Next Article Image credit: Kevork Djansezian | Getty Images Add to Queue Guest Writer Andre Bourque Green Entrepreneur provides how-to guides, ideas and expert insights for entrepreneurs looking to start and grow a cannabis business. People growing their own marijuana is a significant concern to Big Pharma. As state legalization of cannabis-derivatives spreads, the drug companies contemplating the potential of medical marijuana see a threat from both homegrown and professionally harvested medical-grade marijuana.Pharma offers quality control and deep testing but experience shows that research and development adds to customer cost. Even the 21st Century Cures Act won’t speed up the famously slow pace of FDA drug approvals. Given the facts and the perception, you have to wonder if Big Pharma is for or against legalizing marijuana.Related: Science and FDA Say Cannabis Is Medicine but DEA Insists It Isn’tHere’s the problem.A lot of money always attracts a lot interest. Big Pharma wants the revenues that marijuana promises but concede market forces threaten their interests. Big Pharma can’t getting its biggest slice of the pie with individuals and licensed producers harvesting cannabis, not to mention the the black market that continues to thrive.Ben Cohen, writing for US News, insists it’s all about money. He writes, “For years, large corporations and well-heeled lobbyists have blocked the legalization of marijuana for medical use or recreational use in order to protect their own profits.”There’s no reason to expect this to stop.On the other hand, cannabis advocates have a personal and emotional investment in promoting the legalization, or at least decriminalization, of marijuana. Sometimes that makes them anti-institutional and they skew the role of Big Pharma. Finding an objective point of view is difficult.You might consider the hypocrisy at the February 2014 meeting of the Community Anti-Drug Coalition of America (CADCA). While speaker after speaker preached against the legalization of marijuana, leading financial sponsors of the program included Purdue Pharma, the manufacturer of Oxycontin.As reported in The Nation, both CADCA and the Partnership for Drug-Free Kids (formerly the Partnership for a Drug-Free America) accept financial support from the producers of the same opioid medications that have led to tens of thousands of deaths. The same two groups, among others, have opposed U.S. Congressional efforts to label prescription opioids for “severe pain,” but they have supported continuing Medicare reimbursement for the addictive pills.Moreover, pharmaceutical companies take shelter in the DEA’s listing of marijuana as a Schedule 1 drug, the same category as heroin. As long as the DEA effectively prohibits marijuana medical research, Big Pharma can take the moral high road. The Schedule 1 designation severely limits needed research into the medical efficacy of cannabis-derivatives.”Big pharma is lobbying against legalization, on the purported grounds of safety, but in reality, they are just buying time to create their own synthetic cannabis medicines,” said Alan Hirsch, CEO of Diagnostic Lab Corporation, a cannabis safety and science company. “Several biotech companies have started creating cannabinoid chemistry from rice or yeast, but eventually, these medicines will be manufactured by Big Pharma in Schedule 1 facilities.” Big Pharma Is Developing Cannabis Painkillers – Here’s What They Can Do To Become Part of the Mainstream Market. https://t.co/WGj1yWE2rv pic.twitter.com/s0w3fmzsPe— HIGH TIMES (@HIGH_TIMES_Mag) July 19, 2017 The problem that started with the Trump campaign.Many of the same voters who elected President Donald J. Trump voted to liberalize marijuana enforcement. And, like everything else with the arrival of the Trump administration, things remain in a state of confusion pending official updated stance.In a Town Hall (03/20/2016) meeting, then-candidate Trump said, “I think that as far as drug legalization we talk about marijuana and in terms of medical I think I am basically for that. I’ve heard some wonderful things in terms of medical. I’m watching Colorado very carefully to see what’s happening out there.”Related: Getting Healthy, Not High: Using Cannabis to Fight CancerOn The O’Reilly Factor (02/12/2016), when Fox News’ Bill O’Reilly called medical marijuana a “ruse,” candidate Trump said, “But I know people that have serious problems and they did that they really — it really does help them.”Later, candidate Trump told the Washington Post (10/29/2016), “In terms of marijuana and legalization, I think that should be a state issue, state-by-state … Marijuana is such a big thing. I think medical should happen — right? Don’t we agree? I think so. And then I really believe we should leave it up to the states.”Decades ago he also told the Miami Herald (04/14/1990) “We’re losing badly the War on Drugs. You have to legalize drugs to win that war. You have to take the profit away from these drug czars.”Confusion about the Trump Administration and cannabis.President Donald J. Trump has sent several confusing signals to the pharmaceutical industry and the cannabis advocates. NewsMaxFinance (03/03/3017) quoted President-elect Trump as saying, “pharmaceutical companies are ‘getting away with murder’ in what they charge the government for medicines.” President Trump repeated that charge at a press conference reported by the Washington Post (01/11/2017) when he also said, “Pharma has a lot of lobbies, a lot of lobbyists and a lot of power.”Fox Business (02/01/2017) interviewed Eli Lilly’s CEO David A. Ricks following Trump’s White House meeting with pharmaceutical industry leaders. “When asked if he gave the president any commitment to reducing drug prices or to investing in U.S. operations or jobs, Ricks responded, ‘No, Lilly didn’t do that. But, what we did say is that with the right policy environment, in particular, the corporate tax rate which today is an inhibitor for us to invest in manufacturing here in the United States, along with other pro-business policies could allow us to expand operations in the U.S’.”Related: Will the ‘Entrepreneur’ President Embrace the Cannabis Economy?And, Emma Court of MarketWatch (03/01/2017) reported following Trump’s first State of the Union Address, “The Tuesday evening mention of drug prices underscores ‘our view that Trump is committed to some action to permit federal government involvement in pricing under Medicare Part D, his position for a year,’ Evercore ISI policy analyst Terry Haines said. ‘We continue to think that comes during ACA reform legislation when Trump can insist something be included as a condition of him signing the bill into law.’”So perhaps President Trump is jawboning the pharmaceutical industry to make a deal? Trump wants some concession he can take to his populist constituency in trade for lower corporate taxes. On the surface, this has nothing to do with marijuana. In fact, his position on marijuana may be something he can trade.Related: Marijuana Advocates Wait for Trump’s Stance on Legalized CannabisIt’s all about the money.Is Big Pharma for or against legalizing marijuana? Nothing shows that they favor accessibility to marijuana, and everything points to their opposition. However, investors in Big Pharmacy see the light. They remain in the market and are buying up. They see that there’s no moral high road here but there is money for Big Pharma in cannabis.“No pharmacy company is interested in making cheaper medicine,” Brian Chaplin, founder of Medicine Box told me in a written interview. “The existing Pharma industry is more about patenting and manufacturing medicine that is a treatment plan – not a curative plan.”Chaplin argues that Big Pharma wants customers to need their products, preferably for the rest of their lives, while creating “customers” but not healing specific ailments.“This is different from a ‘whole plant’ medicine approach — where we see patients responding to the synergistic effects of multiple compounds (cannabanoids and terpenes) in the plant that are usually lacking in a pharmacy — chemically prepared product,” he continued.  Interestingly, Big Pharma playing in the fields of cannabis might, in fact, help declassify the plant. Christopher Teague of HERB writes, “Big Pharma will prove that cannabis is medicine a hundred times over, in every way, and the DEA will have to reclassify the plant itself.”According to Matt Gray, CEO and founder of HERB, “Big Pharma has already dipped its toe into cannabis treatment, with the DEA approving synthetic cannabis for pharma company, Insys.”That same company, however, also donated money to prevent cannabis legalization from occurring in Arizona. “This just proves the point that Big Pharma cares more about their bottom line than the actual treatment of patients,” he continued. “So if they find it financially beneficial, they will get involved in the industry, even if it isn’t necessarily for the right reasons.”In the end, it’s all about striking a winning balance. Trump needs a victory over high drug prices, especially as they affect Medicare Part D. Big Pharma is in a position to demand concessions. Accessibility to cannabis R&D might just be one of them. Pharmaceutical companies are intrigued by the immense and growing medical marijuana market but cannot figure a way to corner it. Cannabis August 8, 2017 –shares Opinions expressed by Entrepreneur contributors are their own. Is Big Pharma for or Against Legalizing Medical Marijuana? Maybe Both. Subscribe Nowlast_img read more

8 Ways to Increase Holiday Cheers and Minimize January Jeers

first_img Add to Queue –shares Be inclusive, be respectful, and beware of the after party. Holidays December 11, 2017 Guest Writer Image credit: Ulrik Tofte | Getty Images Jonathan Segal Partner in Employment Practice Group of Duane Morris 8 Ways to Increase Holiday Cheers and Minimize January Jeers Next Article Apply Now » Opinions expressed by Entrepreneur contributors are their own. The holiday season can be the most wonderful time of the year, but it also poses legal and employee relations challenges to employers of all sizes. Most of these challenges can be mitigated with some thoughtful planning. So, here’s a checklist of some of the more salient issues to consider to minimize the risk that your December celebrations will result in January claims.1. Don’t eliminate Christmas.Don’t eliminate Christmas from the holiday season, says this Jewish guy. It’s a beautiful holiday that should be celebrated. And, a Christmas tree is just fine, too!  Remember, it’s about inclusion, not exclusion. So, speaking of inclusion — what about those who don’t celebrate Christmas?Related: 6 Strategic Ways to Prepare Your Small Business for the Festive Season2. Include other holidays.Recognize other holidays, such as Hanukkah and Kwanza, in your decorations and announcements. For example, consider a menorah and Kwanza basket along with the Christmas tree. 3. What holiday did you forget?You don’t know what you don’t know. Profound, no? So, ask. Ask employees if there is a holiday that they would like to see included in the celebration (and that includes decorations). Reminder: the Buddhist holiday of Bodhi day falls on January 5 this year.  4. What should you call your party?“Holiday party” or “Celebration of the Season” are inclusive terms. Make the party itself inclusive too by having decorations and the music reflect diverse holidays. But which decorations and songs? Those that are more religious are more appropriate for religious celebrations (or for religious employers). Fact: Springsteen’s “Santa Claus is Coming to Town” is just fine!Related: 4 Ways to Prepare Your Marketing for the Upcoming Holiday Season5. Should you serve alcohol?Never serve it to minors.  Make clear adults who get it for them will be subject to immediate discharge. As for adults, take steps to minimize abuse, such as limiting drinks, providing lots of food or even making employees pay for alcohol and then donating the money, with a match, to charity.Even with restrictions, assume some people may abuse the alcohol you serve. Consider having cab vouchers ready for them without management knowing who the users are. This increases the likelihood that those who need vouchers will use them.6. What about harassment?This is perennial problem at holiday parties. But you can bet this year employees who are subject to improper conduct appropriately will speak up. #MeToo. Remind your employees that your anti-harassment policy applies to the party. But that’s not enough. Make sure to remind managers of their responsibilities. If you are in management and you see or hear unacceptable comments or conduct, you must intervene. To see and ignore is to condone.7. What about the “after party?”To be blunt, no good comes from after parties. Unless, you consider claims arising out of the after party good. Make clear you are not sponsoring any after party, and do not allow employer money to be used for it. And, never attend if you are in management. Attending is about as safe as walking on railroad tracks.Related: Don’t Commit These 7 Party Fouls Inspired by ‘Office Christmas Party’8. What about greetings?It’s best to be general with your holiday greetings unless you know otherwise. The default should be “Happy Holidays.” But if you know someone is Christian, by all means wish that person a Merry Christmas. I do, and I appreciate it when people wish me a “Happy Hanukkah” because they know I am Jewish. I am less thrilled if they are making assumptions. When addressing groups, be as inclusive as you can be, as I shall try to do now: If you celebrate Christmas, Hanukkah or Kwanzaa, I wish you a peaceful and meaningful holiday that corresponds with your faith. If you observe another holiday now, I apologize for not referencing it by name, but I give you my good wishes just the same, as I do for those who recognize no holidays or who celebrate at another time of year. May peace be with all! And, please, be good to each other. 4 min read The only list that measures privately-held company performance across multiple dimensions—not just revenue. 2019 Entrepreneur 360 Listlast_img read more

Apple Is Reportedly Trying to Make its Own Displays

first_img Add to Queue March 19, 2018 Apple Is Reportedly Trying to Make its Own Displays Next Article –shares 2 min read Matthew Humphries Image credit: via PC Mag Senior Editorcenter_img Apple’s laptops, smartphones, tablets and watches rely on hundreds of parts, most of which Apple sources from other companies around the world. But the more of those parts Apple can make itself, the more profit it can generate as well as making its supply chain more reliable. Apple already started making its own chips, now it’s attempting to make displays.As Bloomberg reports, Apple is thought to be designing and producing its own displays in a secret manufacturing facility near California. More specifically, the focus is on producing MicroLED screens like those recently produced by Samsung to form the 146-inch modular TV launching in August.In Apple’s case, perfecting MicroLED screen production would remove the need to rely on companies including Samsung, Japan Display, Sharp, and LG Display. We could see Apple displays used in the Apple Watch ($329.00 at Best Buy), iPhone, iPad and maybe even MacBooks ($1,249.00 at Amazon) in the future, but there’s one big problem: MicroLED is extremely difficult to manufacture.Apple’s focus on MicroLED is due to the benefits offered, notably they create thinner, brighter and less power-hungry displays without the downsides of OLED (limited life span, brightness). However, because each pixel has its own light in a MicroLED array, it throws up some manufacturing challenges. Those challenges apparently almost made Apple shut down the project last year, but it didn’t, and now working displays are being produced.It’s unlikely we’ll see these Apple displays any time soon, if at all. The cost of mass producing OLED and eventually MicroLED will continue to fall and other manufacturers already focused on display production will benefit first. Apple would need to invest heavily in facilities before it could get serious about making displays. So, for the foreseeable future, expect Apple to continue signing display contracts with its partners. Free Webinar | July 31: Secrets to Running a Successful Family Business This story originally appeared on PCMag Apple If successful, Apple will no longer have to rely on another company for its screens. Learn how to successfully navigate family business dynamics and build businesses that excel. Register Now »last_img read more

Sheryl Sandberg Melinda Gates and Other Influencers Sign an Open Letter Declaring

first_img Assistant Editor, Contributed Content Sheryl Sandberg, Melinda Gates and Other Influencers Sign an Open Letter Declaring ‘Poverty Is Sexist’ Add to Queue –shares March 7, 2016 Facebook’s COO Sandberg delivers the Class Day address at Harvard University in Cambridge Carly Okyle 2 min read Fireside Chat | July 25: Three Surprising Ways to Build Your Brandcenter_img Small Business Heroes What’s something Facebook COO Sheryl Sandberg, actress Meryl Streep, Unilever CEO Paul Polman, entrepreneur Sean Parker, former Secretary of State Condoleezza Rice, activist Melinda Gates and Glamour Editor-in-Chief Cindi Leive agree on? “Poverty is sexist.”A total of 86 influencers, including the people mentioned above, have signed an open letter from the ONE Campaign — an international advocacy organization that focuses on fighting extreme poverty and preventable disease, mainly in Africa. The letter, pegged to International Women’s Day on Tuesday, calls on lawmakers to support gender equality in order to fight extreme poverty more effectively.Related: Meet the Fearless Female Franchisors Who are Living Their Dreams“Girls and women living in extreme poverty — those often hit hardest by the injustice of gender inequality — have been left out of the conversation,” the letter says, asking for data, funding and policy changes to support its cause.Many who have signed the letter have a history of advocating for women and girls. Sandberg, known for her book Lean In: Women, Work, and the Will to Lead that started the Lean In movement, has been an outspoken fighter for women’s rights in the workplace. Melinda Gates has invested money in improving the health of women and children through her and husband Bill’s foundation. Writer, actress and comedian Amy Poehler created Smart Girls, an organization that encourages young women to be intelligent and imaginative.Related: 2016’s Women to WatchThe first International Women’s Day was in 1909 and aimed to bring attention to voting rights and better wages for women.   Image credit: Brian Snyder | Reuters Opinions expressed by Entrepreneur contributors are their own. Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Next Article Enroll Now for $5last_img read more

Are You in the Top 50 Percent of Earners in Your City

first_img Lindsay Friedman Are You in the Top 50 Percent of Earners in Your City? — Start Up Your Day Roundup Next Article Staff writer. Frequently covers franchise news and food trends. Register Now » 2 min read Free Webinar | July 31: Secrets to Running a Successful Family Business Opinions expressed by Entrepreneur contributors are their own. Add to Queue March 10, 2016 Learn how to successfully navigate family business dynamics and build businesses that excel. Start Up Your Day Image credit: Shutterstock Everyone can give you the headlines. We help you learn from the day’s shifts, both big and small.  McDonald’s opens in Borat’s home country. The Big Mac comes to Kazakhstan, according to the New York Post. The fast food franchise opened its first location in the country on Tuesday.The tipping point. Looking at the amount of money it takes to make it into the top 1 or 10 percent of earners can be downright dispiriting. But cracking the top 50 percent? That’s not as discouraging! In New York City, for example, if you make $52,000 a year you’re earning more than 50 percent of residents, according to Business Insider.Just like in the movies. Goodyear unveiled spherical tires, similar to the ones seen in the Will Smith movie I, Robot, at the Geneva International Motor Show. While the tires are still a concept, they’re pretty cool to look at. Venture Beat has more.Watch a Google smart car hit a bus. The very slow, very anti-climactic video is finally out and ready for you to see.Lost and out of network on the road? Try out this new GPS application, which stores maps on your smartphone for offline use. It now covers the entire globe, save for a couple of volcanic islands and Antarctica. –shareslast_img read more

Stephen Hawking Teams With Billionaire Yuri Milner to Find an EarthLike Planet

first_img Register Now » Free Webinar | July 31: Secrets to Running a Successful Family Business Reuters –shares Add to Queue 3 min read This story originally appeared on Reuters Next Article Stephen Hawking Learn how to successfully navigate family business dynamics and build businesses that excel. Image credit: Bryan Bedder | Getty Images Billionaire Internet investor Yuri Milner announced another $100 million initiative on Tuesday to better understand the cosmos, this time by deploying thousands of tiny spacecraft to travel to our nearest neighboring star system and send back pictures.If successful, scientists could determine if Alpha Centauri, a star system about 25 trillion miles away, contains an Earth-like planet capable of sustaining life.The catch: It could take years to develop the project, dubbed Breakthrough Starshot, and there is no guarantee it will work.Tuesday’s announcement, made with cosmologist Stephen Hawking, comes less than a year after the announcement of Breakthrough Listen. That decade-long, $100 million project, also backed by Milner, monitors radio signals for signs of intelligent life across the universe.Breakthrough Starshot involves deploying small light-propelled vehicles to carry equipment like cameras and communication equipment. Scientists hope the vehicles, known as nanocraft, will eventually fly at 20 percent of the speed of light, more than a thousand times faster than today’s spacecraft.“The thing would look like the chip from your cell phone with this very thin gauzy light sail,” said Pete Worden, the former director of NASA’s Ames Research Center, who is leading the project. “It would be something like 10, 12 feet across.”He envisions sending a larger conventional spacecraft containing thousands of nanocraft into orbit, and then launching the nanocraft one by one, he said in an interview.The idea has precedents with mixed results.Two years ago, Cornell University’s KickSat fizzled after the craft carrrying 104 micro-satellites into space failed to release them. The plan was to let the tiny satellites orbit and collect data for a few weeks.Worden acknowledges challenges, including the nanocraft surviving impact on launch. They would then endure 20 years of travel through the punishing environment of interstellar space, with obstacles such as dust collisions.“The problems remaining to be solved – any one of them are showstoppers,” Worden said.Governments likely would not take on the research due to its speculative nature, he said, yet the technology is promising enough to merit pursuing.If the nanocraft reach the star system and succeed in taking photographs, it would take about another four years to transmit them back to Earth.A onetime physics PhD student in Moscow who dropped out to move to the United States in 1990, Milner is one of a handful of technology tycoons devoting time and money to space exploration. He is known for savvy investments, including in social network Facebook Inc and Chinese smartphone company Xiaomi.(Reporting by Sarah McBride; Editing by Tom Brown) Yuri Milner And Stephen Hawking Announce Breakthrough Starshot, A New Space Exploration Initiative. Stephen Hawking Teams With Billionaire Yuri Milner to Find an Earth-Like Planet April 13, 2016last_img read more

Why Everyone Loses With Ubers 100 Million Payout

first_img You call this a solution? Late last week, Uber reached a $100 million deal with its drivers to end two high stakes class action cases. Despite the eye-popping figure, the proposed settlement is a bad outcome for workers, companies, and consumers.The lawsuits, in case you’re unfamiliar, turn on whether Uber broke the law in California and Massachusetts by treating its drivers as independent contractors instead of employees. The cases are among the most visible of numerous lawsuits filed against “gig economy” companies like home cleaning company Handy, and Uber’s ride-hailing competitor, Lyft, over how they classify employees.Last week’s Uber settlement, on its face, sounds appealing and both sides are talking up the benefits. Uber likes the deal because it affirms its contractor-based business model, while a lawyer for the drivers called it a “historic” deal that will deliver cash and better working conditions.But in reality no one wins. Uber just paid through the nose to buy labor peace in California and Massachusetts, and it may have to cut similar deals in other states before long. Meanwhile, as the Wall Street Journal observes, the $100 million Uber settlement provides a template for plaintiffs’ lawyers to go after a slew of other gig economy companies.Oh, and speaking of lawyers, note that the law firm for the drivers stands to make up to $25 million on the Uber cases alone. This is per the settlement documents, which describe a 25 percent commission after a judge approves the deal.While such a take is not unusual for class action cases, it’s a bit rich given that Shannon Liss-Riordan, the lawyer who is the face of the fight for gig economy workers, has long framed these cases as a crusade for employee rights. Now, she is folding her cards in return for a fat fee and promises from Uber that it will make some minor changes to its driver policy.These changes, which include more transparency and the possibility of tips, are better than nothing, but they fail to provide basic benefits — such as workers compensation and Social Security payments — that are rights for any employee. In an email to Fortune, Liss-Riordan explained that the drivers could not have obtained such benefits in court, and that they can still ask state agencies to reclassify them as employees. (She has elsewhere pointed to a recent court ruling to suggest the drivers risked getting nothing if they didn’t settle).Whatever the explanation, the fact remains that drivers gain relatively little (it’s unlikely the more than 350,000 eligible drivers will get more than $200 each). Meanwhile, Uber and other companies can look forward to getting soaked for more expensive legal settlements, the cost of which will get passed on to consumers. A better alternative would be for political leaders, including presidential candidates Hillary Clinton and Donald Trump, to suggest policy options that would provide a social safety net for the growing ranks of gig economy workers.In the meantime, U.S. District Judge Edward Chen should refuse to approve the settlement until it provides real benefits and lower legal fees. Next Article Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals –shares Uber Why Everyone Loses With Uber’s $100 Million Payout Add to Queue 3 min readcenter_img Image credit: Lucy Nicholson — Reuters This story originally appeared on Fortune Magazine April 25, 2016 Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Jeff John Roberts Register Now »last_img read more

CognitiveScale Expands Relationship with Microsoft through Deeper Product Integration

first_imgCognitiveScale Expands Relationship with Microsoft through Deeper Product Integration PRNewswireJune 5, 2019, 10:28 pmJune 5, 2019 CognitiveScale Cortex now live on Microsoft Azure MarketplaceCognitiveScale Inc., an Enterprise AI software pioneer, has expanded its strategic relationship with Microsoft to further accelerate adoption of CognitiveScale’s Cortex software amongst businesses using Microsoft Azure.Today, enterprises spend weeks deploying AI platforms and building intelligent business processes in their cloud or data center environments. As a result, AI projects take a long time to get started and deliver value. Built on open and extensible specifications, Cortex simplifies the design, development, delivery and management of cognitive business processes that get smarter and better with time. In recent tests, Cortex successfully reduced AI build time by 65% and overall AI DevOps time by 94% through its unique virtualization technology.With CognitiveScale Cortex now deeply integrated with Microsoft Azure and available on the Microsoft Azure Marketplace, businesses will be able to quickly deploy the full Cortex product suite in their Azure cloud environment. Cortex software also now integrates seamlessly with a suite of Azure models ranging from Natural Language Processing (NLP) to Computer Vision that can be used by enterprises to speed up their AI system development.Marketing Technology News: IBM Debuts Self-Service AI-Powered Ad Experience to Enable Conversations Between Brands and ConsumersHaving worked together since April 2017 to bring industry specific cognitive systems jointly to the market, the collaboration will enable businesses to quickly and easily deploy the Cortex platform and agents, reducing time and cost of deployment, which are major considerations when adopting AI platforms. The expansion also reaffirms Azure as CognitiveScale’s preferred cloud provider.“Deepening our relationship with Microsoft Azure helps put Cortex at the fingertips of millions of businesses across the globe while giving them the freedom to rapidly develop and deploy trusted AI solutions to solve their unique business challenges,” said Akshay Sabhikhi, CEO of CognitiveScale. “Enterprises on Azure can now seamlessly apply our powerful AI software to transform customer engagement as well as boost employee expertise and operational productivity within a matter of minutes, while keeping control of their most sensitive data within their virtual enterprise.”Ed Fandrey, U.S. Vice President of Financial Services at Microsoft said, “We’re pleased to enable close collaboration between Microsoft and CognitiveScale so customers can more rapidly develop and deploy AI-powered applications with the power of Microsoft Azure, for use cases across financial services, healthcare, digital commerce and other industries.”Marketing Technology News: CHEQ Report: Online Ad Fraud To Cost $23 Billion Globally in 2019Chris Corrado, COO and CIO of London Stock Exchange Group said, “The most successful companies today are relentlessly focused on bringing agility and scale to digital services and applications. We are excited about working with both Microsoft and CognitiveScale to realize our strategy of delivering breakthrough AI innovations that bring efficiency, transformation, and transparency to the financial markets.”At the recent London Tech Week, Akshaya Bhargava, ex-CEO Barclays’ Wealth and Founder and CEO of Bridgeweave, along with CognitiveScale and Microsoft, talked about how AI is transforming the financial services sector. Bridgeweave’s Investment Insightsis a new fintech product that is targeted toward self-directed investors. It has the potential to democratize investing by providing institutional asset management level AI-powered trading insights to individual investors who want to participate in the stock market. The product has been built using CognitiveScale’s Cortex software and runs on Microsoft’s Azure.Marketing Technology News: Instaclustr Anomaly Detection Application Successfully Processes 19 Billion Real-Time Events Per Day Using Apache Cassandra and Apache Kafka AIAkshay SabhikhiCognitiveScaleCortex softwareMarketing Technology NewsMicrosoft AzureNews Previous ArticleExperience Management Leader Medallia to Acquire Behavioral Analytics Startup CooladataNext ArticleNew Total Economic Impact Study Finds Blueshift Delivers 781% Return on Investment (ROI)last_img read more

Shenzhen Chinas reform pioneer leads tech revolution

first_imgModern skyscrapers housing corporations and ambitious startups tower over Shenzhen, a mega-city of 13 million people But those who have witnessed Shenzhen’s rise marvel at its evolution from hi-tech copycat to creator.Shenzhen is “really nice fertile ground for innovation,” said Duncan Turner, managing director of HAX, an incubator for startups based in the city.”The Chinese government sets up clear plans for innovation in particular sectors that they want to invest in,” Turner said.If a company matches those plans, “you’ve got a nice path for development and onward funding,” he said.Turner, who moved to Shenzhen in 2009, said the biggest change he has see in the past decade is how young people who used to make fakes are “becoming incredibly inventive, entrepreneurial R&D (research and development) experts that are leading the way of technology in certain areas”.Improved higher education has created a new generation of engineers, such as Zhang Zhaohui, chief executive of Youibot, which set up his company in HAX’s incubator to make the first autonomous maintenance robot for buses.”Shenzhen has huge potential,” Zhang, 26, predicted. “The city could very quickly catch up to Silicon Valley.” Explore further China court rejects Apple lawsuit over iPad name Citation: Shenzhen, China’s reform pioneer, leads tech revolution (2018, December 16) retrieved 17 July 2019 from https://phys.org/news/2018-12-shenzhen-china-reform-tech-revolution.html © 2018 AFP “It’s like going from a road to a motorway,” he said.Pointing to the skyscrapers outside his office, he said: “People see Silicon Valley as the tech Mecca. They underestimate Shenzhen a lot because they don’t know what’s happening here.””This place was just sand and water 20 years ago. In 10 years, Shenzhen will be a very important world city. It will be the capital of innovation,” he said.US fearsSome of China’s hi-tech ambitions are running into suspicions about its intentions abroad, with the United States and others fearing that they pose security and espionage risks.Telecommunications equipment giant Huawei’s own global expansion has faced setbacks, with some of its services rejected in certain Western countries and its chief financial officer detained in Canada on a US extradition request over alleged Iran sanctions violations. The metropolis is now seeking to reinvent itself as the home of Chinese innovation, in line with Beijing’s “Made in China 2025″ plan to dominate key hi-tech industries such as robotics, electric vehicles and artificial intelligence.”China is becoming a world leader in this field,” Wu said. “Shenzhen is turning into a meeting point for creative engineers from around the world.”Now talent from abroad is flocking to Shenzhen.Meng Jie, who is French and in his 30s, left California’s Silicon Valley in 2017 to create Maybe, a company that makes smart speakers that help people learn Mandarin.”Silicon Valley is still way ahead in artificial intelligence. But you can find the electronic or mechanical component you need three times faster in Shenzhen,” Meng said. While this economic model used to be “very popular, it is no longer viable today,” he said.He now leads his own electronics firm, MeegoPad, which boasts an annual turnover of $28 million making products such as miniature PCs.”We are now very attached to intellectual property and patents,” Wu said.’Made in China 2025’Shenzhen, which lived off fishing and rice paddies, became a testing ground for Deng’s reforms when it was designated as the country’s first Special Economic Zone in 1980.It grew into a massive manufacturing centre, with factories churning out gadgets, computers and phones for foreign firms, which today include Apple and Samsung. Wu Yebin, 35, runs his own tech firm from his 35th floor office Today Shenzhen is again at the heart of a new policy aimed at turning China into a hi-tech innovator and shed its reputation as an assembly line for foreign companies or—worse—an imitator.Modern skyscrapers housing corporations and ambitious startups tower over the mega-city of 13 million people—among them is Wu Yebin, 35, who runs his own tech firm from his 35th floor office.His own story mirrors those of countless others who have risen from modest backgrounds following the reforms spearheaded by late paramount leader Deng Xiaoping, which the Communist Party ratified on December 18, 1978.The son of poor farmers, Wu arrived in the city in 2005 and over the years he assembled devices similar to Apple’s iPad or MacBook, joining Shenzhen’s army of people making “shanzhai”—creative knock-offs of foreign electronics affordable for local population.”Germany, the United States, Japan, South Korea… All developed countries have done this to develop their manufacturing industry,” Wu said. “You have to do that to gain experience.” Meng Jie, who is French and in his 30s, left California’s Silicon Valley in 2017 to create Maybe, a company that makes smart speakers that help people learn Mandarin The southern city of Shenzhen is the symbol of the transformative reforms launched by China 40 years ago: former fishing villages that morphed into a global manufacturing hub. Shenzhen is “really nice fertile ground for innovation,” said Duncan Turner, managing director of HAX, an incubator for startups based in the city Today China’s own global corporations, such as telecom company Huawei and internet giant Tencent, have made Shenzhen their headquarters and the city of tens of thousands of factories is dubbed the “Silicon Valley of Hardware”. Shenzhen, which lived off fishing and rice paddies, became a testing ground for Deng’s reforms when it was designated as the country’s first Special Economic Zone in 1980 This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.last_img read more

Mekedatu project Karnatakas request for talks an attempt to impede court proceedings

first_imgCauvery Water SHARE SHARE EMAIL December 10, 2018 Published on rivers COMMENT The Tamil Nadu government on Monday said Karnataka’s request for talks on the Mekedatu issue “is an attempt to impede” proceedings in the Supreme Court and asked it not to go ahead with the DPR on the project and also any other construction in the Cauvery river basin without its nod.Law Minister C Ve Shanmugham was responding to Karnataka Water Resources Minister DK Shivakumar, who had last week written to Tamil Nadu Chief Minister K Palaniswami seeking an appointment with him to discuss the proposed project and reach an amicable solution.Shivakumar had said the project will help in regulating judicious release of water so that excess water is not allowed to flow from the Mettur dam in Salem in Tamil Nadu into the sea needlessly as has had happened this year. He had wanted to discuss with Palaniswami, the “misconceptions” over his State’s proposal for a dam. SHARE COMMENTSlast_img read more

J P Nadda appointed BJPs working president

first_imgJune 17, 2019 SHARE SHARE EMAIL COMMENT COMMENTS Published on Former Health Minister Jagat Prakash Nadda was on Monday appointed the new working President of the BJP. Announcing it here, Defence Minister Rajnath Singh said the decision has been taken following a formal request from Amit Shah to relinquish his post as BJP chief following his appointment as Home Minister.Shah relinquishes“As BJP President, Amit Shah has served the party for the last five years in an exemplary fashion. The party won several elections in the States. In the Lok Sabha elections, too, it was Amit Shah’s organisation that complimented the Prime Minister Narendra Modi’s leadership and popularity. After the PM gave him a new responsibility as Home Minister, Amit Shah had himself requested that he would be busy with his ministerial duties and someone else should be appointed BJP President,” said Rajnath Singh, following a meeting of the BJP parliamentary board chaired by the PM.The Defence Minister said while most members of the parliamentary board were of the opinion that Shah should continue, he insisted that someone else be appointed.“We were of the opinion that he should continue, at least till the organisational elections are. But he insisted that someone else should take charge. In the discussion that we had, everyone unanimously agreed that JP Nadda should be appointed working President.”Not in CabinetIt was reported exclusively in BusinessLine on May 30 that Nadda was tipped to be Shah’s successor as party President. Nadda, an affable, low-profile leader from Himachal Pradesh has worked closely with Shah in several Assembly and the just-concluded Lok Sabha concluded elections. The fact that he was not included in the Union Cabinet for a second term was a clear pointer to him succeeding Shah in the party.Although the BJP Constitution does not specifically prevent anyone holding an official post from simultaneously remain the party President, Shah has himself requested to be relieved of his duties as BJP chief.Nadda’s taskShah formally took over in July 2014 and the tenure allows him two consecutive terms of three years each. As such, he has more than one year left in his second tenure. Nadda’s advantage is that he is trusted by Shah and is sensible enough to follow the line of command emanating from Modi and Shah.So, the BJP’s future challenges — whether it is upcoming Assembly elections in Haryana, Maharashtra, Jharkhand or dismembering of the Trinamool Congress and Mamata Banerjee’s rule in West Bengal — can be planned and executed in perfect harmony with Nadda as the head of the party organisation.center_img Jagat Prakash Nadda   –  THE HINDU BJP parliamentary board takes the decision following Amit Shah’s request to be relieved from the post 0 SHARElast_img read more

Bareilly BJP MLAs daughter who married Dalit moves court seeks protection

first_img Press Trust of India AllahabadJuly 11, 2019UPDATED: July 11, 2019 18:42 IST Bareilly BJP MLA Rajesh Mishra’s daughter Sakshi and her husband Ajitesh on Thursday filed a petition in the Allahabad High Court, seeking protection to “live a peaceful life” as a married couple.The next hearing in the case has been fixed for July 15 as Shakshi Mishra and her husband Ajitesh were not present in the court.Sakshi Misra (23) had uploaded a video on a social media platform last week, making her marriage with Ajitesh Kumar (29) public.In another video, she alleged there was a threat to her life from her father, brother and an associate.The couple asked for security, contending that there was a threat to their life from the BJP MLA, who was “unhappy” with their marriage as Sakshi was a Brahmin and Ajitesh a Dalit.The petitioners prayed that police or Rajesh Mishra do not disturb them in “their peaceful living as both petitioners were major and had entered into marriage with a free will”.ALSO READ | Respect her decision: BJP MLA denies threatening his daughter for marrying DalitALSO WATCH | Watch: Drunk BJP MLA Pranav Singh Champion brandishes guns while dancingFor the latest World Cup news, live scores and fixtures for World Cup 2019, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for World Cup news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byAnupriya Thakur Tags :Follow BJP MLA Bareilly BJP MLA’s daughter who married Dalit moves court, seeks protectionBareilly BJP MLA Rajesh Mishra’s daughter Sakshi and her husband Ajitesh on Thursday filed a petition in the Allahabad High Court, seeking protection to “live a peaceful life” as a married couple.advertisement Nextlast_img read more