Tuesday, October 15, 2013

Nginx Raises $10M Series B Round Led By NEA

4157426778_5a67edcc85_oNginx, the company behind the increasingly popular web server by the same name, today announced that it has raised a $10 million Series B round led by New Enterprise Associates. This round also includes full participation by the company's existing investors, including Series A investors, e.ventures, Runa Capital, MSD Capital, as well as participation from Aaron Levie, CEO and founder of Box. Today's announcement comes almost exactly two years after Nginx raised its $3 million Series A round.Source: http://feedproxy.google.com/~r/Techcrunch/~3/wGCdUf9ZuPk/
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Watch Elon Musk’s Grasshopper Rocket Make Its Biggest Leap Yet


TUESDAY, APRIL 20, 2010, AT 6:19 PM
Tornado Kills at Least Five in Oklahoma






FRIDAY, APRIL 29, 2011, AT 3:07 PM
Obama Gets Firsthand Look at a Tornado Damage






TUESDAY, APRIL 20, 2010, AT 6:19 PM
Tornado Kills at Least Five in Oklahoma. Very long title. Long long long. Tornado Kills at Least Five in Oklahoma. Very long title. Long long long.






TUESDAY, APRIL 20, 2010, AT 6:19 PM
Tornado Kills at Least Five in Oklahoma. Very long title. Long long long. Tornado Kills at Least Five in Oklahoma. Very long title. Long long long.



Source: http://www.slate.com/articles/video/video/2013/10/grasshopper_rocket_launch_video_elon_musk_captures_leap_with_remote_controlled.html
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Madonna Banned From Movie Theaters After Reportedly Texting During '12 Years a Slave'



Jennifer Graylock/Getty Images


Madonna



The Alamo Drafthouse movie theater chain has banned Madonna from its theaters after reports that the Queen of Pop was texting during a New York Film Festival screening of 12 Years a Slave.



Her Madgesty attended the festival's Tuesday screening of Fox Searchlight's Oscar hopeful, posing for photos with director Steve McQueen.


During the film, though, she was reportedly texting and lashed out at a fellow audience member who tried to get her to stop.


PHOTOS: Madonna's Iconic Career and Life in Pictures


According to several outlets, film critic Charles Taylor shared the following story from an audience member at Tuesday's screening:


"Tonight at the New York Film Festival premiere of '12 Years A Slave' (a masterpiece, by the way), I sat behind the unholy trifecta of Jason Ritter, J. Alexander from 'America's Next Top Model,' and Michael K. Williams from 'The Wire.' Plus, a mysterious blonde in black lace gloves who wouldn't stop texting on her Blackberry throughout the first half of the movie. Eventually, a woman next to me tapped her on the shoulder and told her to put her phone away, and the blonde hissed back, 'It's for business... ENSLAVER!' I turned to the shoulder tapper and loudly said, 'THANKS!' and gave her a thumbs up. The rest of the movie, I kept thinking about how I wanted to tell the blonde what a disgrace she was. During the standing ovation, the blonde ducked out and Jason Ritter turned around to make commiserating eye contact, as J. Alexander asked, 'Who WAS that?!' Jason then looked down at the floor. His eyes got wide, and he picked up an envelope and showed it to us and J. And it said: '2 screening tix MADONNA.' And sure enough, we looked to the side of the theater and standing against the wall in black lace gloves was Madonna. The worst person in America."


STORY: '12 Years a Slave,' 'All is Lost' and 'Nebraska' Clamor for Attention on Busy Night at NYFF


The Drafthouse chain has had a strict no-talking and no-texting policy and will eject patrons who violate it, so when founder and CEO Tim League read reports of Madonna's behavior, he tweeted the following:



Later he indicated it was a joke, but he didn't say that meant he wouldn't enforce it.



In fact, over the weekend, League sent a letter to theater managers instructing them not to let Madonna see a film at a Drafthouse theater until she apologizes for her actions and acknowledges that texting during a movie is rude and disrespectful to the filmmaker and audience.


Source: http://feedproxy.google.com/~r/thr/music/~3/Rgb6zZGEVJE/story01.htm
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Monday, October 14, 2013

Lac-Mégantic Blast Leaves Impact On Town, Rail Industry





Crews are scrambling to clean up toxic contamination in Lac-Mégantic, Quebec, and many locals have been forced out of their homes and businesses for at least a year.



Brian Mann/NCPR


Crews are scrambling to clean up toxic contamination in Lac-Mégantic, Quebec, and many locals have been forced out of their homes and businesses for at least a year.


Brian Mann/NCPR


Three months ago, a train carrying American crude oil derailed and exploded in the heart of Lac-Mégantic, Quebec, killing 47 people.


Local leaders now say recovering from the disaster will take much more time, effort, and money than they expected.


Industry experts say the accident could change the way oil and other dangerous chemicals are transported on trains in North America.


An Empty Village


"It's been left for weeks, everybody quit so fast," says Robert Mercier, head of Lac-Mégantic's environment department, as he walks down his town's main street.


He grew up here. In a normal year, he says, the street cafes and tourist shops would have been busy with visitors who come to see the colorful fall leaves. Now, it's a ghost town.


People fled in the early morning of July 6 as massive fireballs rolled into the sky. Mercier says he was sleeping in an apartment nearby when the first tank car erupted in flames.





People fled Lac-Mégantic early the morning of July 6 as massive fireballs rolled into the sky.



Quebec Provincial Police


People fled Lac-Mégantic early the morning of July 6 as massive fireballs rolled into the sky.


Quebec Provincial Police


"We just didn't know what it was — volcano, meteorite, what is that? Once you don't know, you're just afraid. You just run. You run," he says.


A few weeks ago, locals loaded computers, mementos, and furniture onto U-Haul trucks before the city was closed off for at least a year.


Contaminated


Parts of the city were flattened by the blast. Underneath the remaining buildings, cleanup crews have discovered that much of Lac-Mégantic's downtown is saturated with heavy metals — lead, arsenic, copper — and that thick crude oil. Three months after the explosion, they are still pumping spilled crude oil and chemicals from underneath what used to be a gorgeous lakefront street.


In his office, Mercier spreads out a map on his desk, showing the vast scope of the cleanup.


"So, the petroleum mostly flew on the ground, on this side to the lake. So, the lake was burning for a big part," he says. "That was something to see, yeah? You can see here, all the landscape in this area is destroyed ... all these houses are gone now. Nothing there, nothing there."


A New Downtown


A fleet of huge trucks and backhoes is laying the foundation for an entirely new downtown. Officials have decided that a new business district is needed to replace what's been destroyed or contaminated.


About $116 million has been pledged for that effort, but no one's sure what the final price tag will be. The province of Quebec and Canada's national government are feuding over how much to spend and who should pay.


Caught up in this turmoil are people like Guy Boulet, who owns a furniture store just outside the contaminated zone. His sister, Marie-France, died in the fire-storm.





Guy Boulet owns a shop in Lac-Mégantic. His sister, Marie-France, died in the explosion.



Brian Mann/NCPR


Guy Boulet owns a shop in Lac-Mégantic. His sister, Marie-France, died in the explosion.


Brian Mann/NCPR


Weeks later, Boulet sits behind the counter in his shop. He looks exhausted. Marie-France's remains have never been recovered from the wreckage.


After a long day spent making deliveries, trying to get his life back to normal, his family is finally preparing for his sister's remembrance.


"It's a simple ceremony right at the church," he says. "She was a really good person."


Boulet says people here are resigned to the idea that the healing process will take a long, long time.


"We have to be really patient. Because nobody knows exactly how long it will be. We hope nobody forgets, you know, because we will need help. We need help," he says.


Warning Signs


Adding to the pain and frustration, a growing number of experts and government officials in the U.S. and Canada say that there were plenty of warning signs long before disaster struck.


Robert Mercier, Lac-Mégantic's environment officer, says his office tried to raise questions about the Montreal, Maine and Atlantic Railway and its growing shipments of hazardous oils and chemicals.


"We were very worried about the conditions of the rail — we were talking about that many times," Mercier says. "It was a great concern about the train and the condition of the rail and all these tanks that were passing every day."


A Sub-par Freight Car


Since July, investigators in the U.S. and Canada have focused on a wide range of red flags — from the condition of the tracks, to the staffing level of these big industrial trains, to new evidence that the hazardous chemicals aboard the Lac-Mégantic train were mislabeled.





The workhorse of the rail industry, a DOT 111A tank car sits on the outskirts of Lac-Mégantic's destroyed downtown.



Brian Mann/NCPR


The workhorse of the rail industry, a DOT 111A tank car sits on the outskirts of Lac-Mégantic's destroyed downtown.


Brian Mann/NCPR


But much of the scrutiny has fallen on the type of freight car that erupted that day — the big, sausage-shaped tank car known in the industry as a DOT-111A.


"It's rigid, it's prone to derailment, and when it derails because of the coupling design, they're prone to puncture," says Lloyd Burton, a professor at the University of Colorado who studies rail transport of hazardous materials.


It turns out DOT-111A's make up two-thirds of the tank cars used in the U.S. and Canada — they're like the workhorse of the rail industry.


Thousands of them roll through towns and cities across America every day. And Burton says they're carrying increasing amounts of increasingly volatile crude oil and chemicals produced by North America's booming energy industry.


"The most dangerous crude, the highest sulfur crude, the most explosive and most flammable materials are being carried in tank cars," he says, "And they're being carried in tank cars that are simply not equal to the task."


Changing The Tanks


For decades, the U.S. National Transportation Safety Board has been issuing strongly worded reports about the safety of these very same DOT-111A's, calling them "inadequate" for carrying "dangerous products."


Despite those warnings, the rail industry has resisted replacing its tank car fleet.



Newer double-hulled cars are expensive and railroad executives have argued that freight trains overall have a strong safety record. But last month, the CEO of one of North America's biggest railroads signaled a major shift.


Speaking on the Business News Network, Hunter Harrison — head of Canadian Pacific — said the disaster in Lac-Mégantic had changed the debate over DOT-111A's.


"Well, I think they'll be phased out as far as dangerous commodities. We're much more, rightfully so, sensitive about the environment today than we were when these cars were built," he said. "Shame on us as society."


Experts say phasing out DOT-111A's in North America would take at least five years.


Last month, the U.S. Department of Transportation launched a new rule-making process that could determine once and for all whether the industry will be forced to replace its tanker fleet. That review is now on hold because of the government shutdown in Washington.


Source: http://www.npr.org/2013/10/14/227840021/lac-m-gantic-blast-leaves-impact-on-town-rail-industry?ft=1&f=1004
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Saturday, October 12, 2013

IMF wants central banks to oversee markets with government supervision


BERLIN (Reuters) - Central banks should be independent in setting monetary policy but they should also be tasked with monitoring financial market stability under political supervision, the International Monetary Fund's (IMF) chief economist said.


Olivier Blanchard also told Handelsblatt newspaper's Friday edition that Germany should take on a stronger role in Europe and needed to invest more rather than focus on saving.


"If there is one lesson to be learned from the crisis, it must be: it's not enough to keep an eye on monetary stability. We must also look at the stability of the financial system," Blanchard was quoted as saying.


"(Central bank) independence should be tiered. Classical monetary policy must remain independent. The control of the financial markets by the central bank, however, should be put under some kind of political supervision."


Blanchard reiterated his call to raise inflation targets to 4 percent from the current roughly 2 percent, saying that would create space to cut interest rates during crises. The European Central Bank (ECB) should consider ways to lower credit costs for small and medium enterprises.


Blanchard said he was concerned that European countries would drag their feet on structural reforms as confidence grew that the worst was over in the euro zone sovereign debt crisis.


"You hear it more and more: 'we have reformed enough, now we are seeing results. Spare us new demands'. That worries me," he said. "We need further structural reforms if we want to reach an acceptable level of employment. Even Germany, which is not going through a jobs crisis, is not exactly growing impressively."


He said Germany, the euro zone's largest economy, should see Europe more as an insurance scheme than a transfer system and many wished Germany would take a stronger role in Europe.


"Sometimes the fire is at your neighbor's house, sometimes it's in your own house. I wish the focus was more on the question: how can we strengthen the euro?" Blanchard said, adding that meant banking union should be completed.


Blanchard did not rule out further debt relief for Greece, the country where the euro zone crisis first broke out.


"The IMF has agreed with the Europeans that the debt level will be below 110 percent (of GDP) in 2022," he said. "We will have to see how we will get there."


IMF chief Christine Lagarde, speaking at the IMF and World Bank's autumn meeting on Thursday, said she had "no doubt" European authorities would stick by their commitments to give Greece additional debt relief if it meets fiscal targets set under its bailout program.


(Reporting by Annika Breidthardt; Editing by Stephen Brown)



Source: http://news.yahoo.com/imf-wants-central-banks-oversee-markets-government-supervision-080840111--business.html
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Thursday, October 10, 2013

Apple reportedly expanding iPhone trade-in program to Europe



Back in August, Apple launched the iPhone Reuse and Recycle Program in the U.S. that allows iPhone owners to trade in old iPhone models in order to save on new ones. Although the program is currently only available at U.S. Apple Store locations, a source has informed 9to5Mac that Apple is bringing the program to Europe in the coming months, and Apple has already begun to prepare “training materials for its United Kingdom retail staff.” 9to5Mac points out that the U.K. has the second most Apple Store locations behind the U.S., so the expansion will likely start there, but will only be the first step in the international growth of the iPhone Reuse and Recycle Program. Brightstar is expected to handle trade-ins in Europe as it does in the U.S.


More from BGR: Galaxy S4 vs. HTC One: Four months later, which is the best Android phone in the world?


This article was originally published on BGR.com




Source: http://news.yahoo.com/apple-reportedly-expanding-iphone-trade-program-europe-120050042.html
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