Archived threads in /news/ - Current News - 171. page

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http://www.cnbc.com/2017/01/02/bitcoin-breaks-1000-level-highest-in-more-than-3-years.html

>The price of bitcoin has breached the $1,000 mark, hitting a more than three-year high on Monday.

>The cryptocurrency was trading at $1,021 at the time of publication, according to CoinDesk data, at level not seen since November 2013, with its market capitalization exceeding $16 billion.

>Bitcoin has been on a steady march higher for the past few months, driven by a number of factors such as the devaluation of the yuan, geopolitical uncertainty and an increase in professional investors taking an interest in the asset class.

>"We are seeing the aftermath of zero interest rates run amok. So bitcoin is a healthy reminder that we don't have to hold on to dollars or renminbi, which is subject to capital controls and loss of purchasing power. Rather it's a new asset class," Bobby Lee, chief executive of BTC China, one of the world's largest bitcoin exchanges, told CNBC by phone.

>China is the source of the majority of trade in bitcoin and the devaluation of the yuan and fears over capital controls have contributed to the recent spike in the digital currency.

>But several other factors have also had a notable impact. For example, bitcoin's price has appreciated around 137 percent in the past 12 months but got a big boost after Donald Trump won the U.S. election in November.

>Another big event this year was in June when a change in bitcoin's underlying rules meant those who were "mining" the cryptocurrency – a process whereby users are awarded with bitcoin if they solve complex mathematical puzzles in order for a bitcoin transaction to go through – received less rewards. This was due to the process known as "halving," which essentially reduces the supply of bitcoin.
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>>"We have indicators we look for (in water tests), which is an indicator of faecal contamination, which is a really nice way of saying poo."

"It's bird poo, it's horse poo, it's cow poo and it's people poo.

http://www.bbc.com/news/world-australia-38487980

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http://www.dailymail.co.uk/news/article-4089408/Mexican-president-defends-gas-price-hike-protests-spread.html

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http://www.usatoday.com/story/tech/columnist/baig/2017/01/05/ceo-wall-street-high-flier-nvidia-shows-off-ai-car-and-home/96179718/

>LAS VEGAS—Nvidia is best known for the high-end computer graphics cards prized by hardcore gamers. If co-founder and CEO Jen-Hsun Huang delivers on his bold vision, more people are likely to recognize Nvidia as the powerhouse behind artificial intelligence in your home and in your vehicle.

>Clad in his trademark black leather jacket, Huang delivered a high energy opening night keynote address Wednesday night at CES, assuming a prestigious speaking slot that for years was reserved for Microsoft’s Bill Gates and later his successor Steve Ballmer.
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https://www.cnet.com/roadshow/news/nvidia-invents-self-driving-supercomputer-names-it-xavier-ces-2017/

>At CES 2017, Nvidia took the wraps off a new computer designed to enable self-driving cars, and announced partnerships with Audi, Bosch, ZF, Here and Zenrin.
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A new class-action lawsuit is targeting a group of filmmakers, lawyers, and BitTorrent monitoring experts. According to a complaint filed at an Illinois federal court, the "copyright trolls" have been engaging in misleading, threatening and intimidating tactics in order to obtain settlements from alleged movie pirates.

trollsignIn recent years so-called copyright trolls have been accused of various dubious schemes and actions, including intimidation and extortion.

Last month it became apparent that these concerns are not just one-sided complaints, when the U.S. Government launched a criminal case against two of Prenda Law’s principals.

This week, copyright trolling allegations are once again brought to the forefront. In a class action lawsuit filed in an Illinois federal court on behalf of accused pirates, a group of rightsholders, lawyers, and a torrent monitoring expert are accused taking part in an “extortion conspiracy.”

The case centers around Clear Skies Network (CSN) which brought several lawsuits against alleged downloaders of the movie “Good Kill.” As is common in these campaigns, the rightsholders work in tandem with lawyers and BitTorrent monitoring experts to make their case.

One of their targets was a 62-year-old woman, who has now decided to strike back, also on behalf of other defendants that are in the same position.

The complaint details how the woman was repeatedly threatened and intimidated with a possible $150,000 in statutory damages, asking her to settle for only a few thousand. It also mentions various other allegations including false statements.

https://torrentfreak.com/copyright-trolls-hit-with-class-action-lawsuit-for-theft-by-deception-170104/

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https://youtu.be/euV0R-lX5pM
TYT

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Rioting inmates in Brazil decapitated and brutally assaulted their rivals, killing at least 60, when fighting erupted between two gangs at a prison in the Amazon region, officials said on Monday. Fontes confirmed that many of the dead had been beheaded. Judge Luis Carlos Valois, who negotiated the end of the riot with inmates, said he saw many bodies that had been quartered.
The prison massacre was the latest clash between inmates aligned with Brazil’s most powerful drug gang, the Sao Paulo-based First Capital Command (PCC) and a local Manaus crime group known as the North Family (CV). Security analysts say a truce that held for years between the PCC and CV broke down last year.

http://www.bbc.com/news/world-latin-america-38495374
http://www.euronews.com/2017/01/02/brazil-decapitated-bodies-tossed-over-wall-after-drug-gang-prison-massacre

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http://www.chron.com/entertainment/the-wrap/article/No-LA-s-Hollyweed-Dispensary-Had-10829695.php
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>Los Angeles-based pot dispensary Hollyweed had “nothing to do with it,” an employee named Sita told us on Sunday. To be perfectly clear, we haven’t seen or heard any actual suspicion that this was a marketing ploy for the cannabis co-op, but it seemed way too perfect not to ask.

>Plus, “We are very, very excited about it,” she told us. And why wouldn’t they be? Free advertising!
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http://www.chicagotribune.com/news/weird/ct-hollywood-sign-hollyweed-20170101-story.html

http://www.cbsnews.com/news/hollywood-sign-hollyweed-history-danny-finegood-activist/
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>Police say surveillance video shows a lone male suspect dressed all in black. The person could face misdemeanor charges if caught.

>But it’s not the first time the legendary letters have been altered, reports CBS News correspondent Mireya Villarreal.

>The change is the ultimate throwback to 1976 when activists used the four-story letters as a political play on words. Danny Finegood and a team of friends made the identical change to the Hollywood sign on New Year’s Day 41 years ago. Finegood died in 2007.

>“It wasn’t a prank, it was a message,” Finegood’s wife, Bonnie, said.

>Bonnie said Danny and his buddies risked getting arrested to make a statement about new California legislation that took effect in ‘76 relaxing marijuana possession laws.
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http://www.standard.co.uk/news/world/hollyweed-prankster-changes-iconic-hollywood-sign-to-praise-cannabis-a3430741.html

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>Luke Brett Moore accidentally given unlimited line of credit by his bank
>after a year of being overdrawn (but never cut off) due to mortgage payments, decides to pay off $50,000 of it
>buys a $36,000 Hyundai Veloster just so he can drive to Sydney to buy a Maserati
>spends about $2 million over the course of two years on hookers and blow
>police finally catch up with him
>represents himself in court and eventually gets acquitted, after spending 6 months in jail
>"The judge said I was dishonest, but we don't live in a society where moral wrongs result in people being locked up behind bars and their liberty taken away from them."
http://www.bbc.co.uk/news/magazine-38308842

How could the justice system so unfairly treat a man who's done literally nothing wrong?

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http://www.reuters.com/article/us-apple-new-york-times-china-idUSKBN14O29L

>Apple Inc (AAPL.O) has removed the New York Times Co's (NYT.N) English- and Chinese-language news apps from its iTunes store in China following a request from the local authorities, the companies said separately on Thursday.

>The apps, which the newspaper said were removed on Dec. 23, are the latest Western services to fall foul of Chinese authorities, whose other scalps include Apple's own iBooks and iTunes Movies stores which have been blocked since April.

>Their removal comes just over a month after the Cyberspace Administration of China called for greater media scrutiny, citing fears of social disorder, moral harm and threats to national security. The internet regulator did not respond to a faxed request for comment about the Times' apps.

>"The development of the internet in China must respect China's laws and regulations, in principle," foreign ministry spokesman Geng Shuang said in response to a question about the apps.

>New York Times spokeswoman Eileen Murphy told Reuters that the newspaper has asked Apple to reconsider.

>"The request by the Chinese authorities to remove our apps is part of their wider attempt to prevent readers in China from accessing independent news coverage by The New York Times of that country," Murphy said.
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New parents, get ready to feed your babies peanut-containing foods — starting young lowers their chances of becoming allergic.

The National Institutes of Health issued new guidelines Thursday saying most babies should regularly eat those foods starting around 6 months of age, some as early as 4 months. It's a major shift in dietary advice for a country fearful of one of the most dangerous food allergies.

"We're on the cusp of hopefully being able to prevent a large number of cases of peanut allergy," said Dr. Matthew Greenhawt of the American College of Allergy, Asthma and Immunology, a member of the NIH-appointed panel that wrote the guidelines.

The recommendations are based on landmark research that found early exposure is far more likely to protect babies from developing peanut allergies than to harm them. The guidelines spell out exactly how to introduce infants to age-appropriate peanut products depending on whether they're at high, moderate or low risk of becoming allergic as they grow.

Babies at high risk — because they have a severe form of the skin rash eczema or egg allergies — need a check-up before any peanut exposure, and might get their first taste in the doctor's office.

For other tots, most parents can start adding peanut-containing foods to the diet much like they already introduced oatmeal or mushed peas.

No, babies don't get whole peanuts or a big glob of peanut butter — those are choking hazards. Instead, the guidelines include options like watered-down peanut butter or easy-to-gum peanut-flavored "puff" snacks.

"It's an important step forward," said Dr. Anthony Fauci, director of NIH's National Institute of Allergy and Infectious Diseases, which appointed experts to turn the research findings into user-friendly guidelines.
http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2017-01-05-US-MED--Preventing%20Peanut%20Allergy/id-bc10a0e42e5e464b991560e1649440bb

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http://www.aljazeera.com/news/2017/01/ivory-coast-170106102552934.html
>West African nation's defence minister says the mutineers are demanding salary increases and payment of bonuses.

http://www.bbc.com/news/world-africa-38529308http://www.bbc.com/news/world-africa-38529308
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>The mutineers seized weapons from two police stations in the country's second city, Bouake, and took up positions at its entry points, according to reports.

>Shooting has also been reported in the cities of Daloa and Korogho.

>President Alassane Ouattara convened a crisis meeting of his military chiefs, as the government entered into talks with the mutineers.
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https://www.yahoo.com/news/ex-soldiers-seize-weapons-positions-ivory-coast-city-090320165.html
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>Heavy gunfire was heard from around 2 a.m. (0200 GMT) in Bouake - a city of around a half million inhabitants in the centre of Ivory Coast - and sporadic shooting continued into the late morning.

>Bouake was the seat of a rebellion that controlled the northern half of the country from 2002 until Ivory Coast was reunited following a civil war in 2011.

>Shooting also broke out mid-morning at a military base in Daloa, the main trading hub in the western cocoa belt, and residents said soldiers, some of them masked, were patrolling the streets in 4x4s.

>Cocoa prices rose as the unrest prompted a wave of buying.
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http://www.nytimes.com/2017/01/05/business/department-stores-macys-sears.html

>For decades, a corner spot at the mall was a sure path to success for big American department stores like Macy’s. Not anymore.

>Those stores have been outmaneuvered by online retailers like Amazon and discount retailers like T. J. Maxx. And now the pace of change is accelerating, transforming the retail industry faster than expected.

>The results? A rude awakening for some of the country’s biggest retailers. And for malls, a reshaping that, in many ways, mirrors a growing economic divide.

>Macy’s said this week that it would cut more than 10,000 jobs as part of a previously announced plan to close 100 stores and cut other costs. And the long-struggling Sears Holdings said Thursday that it would close 150 more stores and that it had sold its nearly century-old Craftsman brand to Stanley Black & Decker. They are the latest in a slow bleed of similar announcements in the past two years from rivals including J. C. Penney.

>These changes are “happening at a tremendous speed,” said Bernard Sosnick, a retail analyst at Madison Global Partners.

>“It’s putting pressure on all stores, best and worst, but the worst just don’t have a place in retailing anymore as sales decrease,” Mr. Sosnick said. “It’s necessary to sacrifice them, shutter them, to help the others survive and stabilize sales.

>The exits highlight the growing dichotomy between America’s highest-end shopping centers, the type with Tesla dealerships and Apple stores, and those on the lower end of the spectrum, which are struggling to fill space and attract national brands. The stores being closed by Sears are not profitable. And Macy’s chief executive, Terry J. Lundgren, said many of the stores it was closing were “no longer robust shopping destinations.”
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https://www.youtube.com/watch?v=7VDozAZoDSk

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http://www.salon.com/2017/01/05/at-least-50-donald-trump-electors-were-illegally-seated-as-electoral-college-members-report_partner/

https://www.rawstory.com/2017/01/bombshell-report-claims-at-least-50-trump-electors-are-illegitimate-and-should-not-have-voted/

http://usuncut.com/politics/bipartisan-legal-team-says-50-trumps-electors-ineligible/

http://realtimepolitics.com/2017/01/05/report-at-least-50-trump-electors-voted-illegitimately-in-the-electoral-college-this-is-huge-developing-story/

http://www.politico.com/story/2017/01/trump-electoral-victory-democratic-challenge-233224