Paragon Offshore stalls interest payment

first_imgParagon Offshore, a provider of jack-up offshore drilling rigs, has decided to defer an interest payment of approximately $15.4 million due today on its 6.75% senior unsecured notes maturing July 2022.The driller, which recently got delisted from the New York Stock Exchange due to its shares under-performance said that, under the terms of the indenture governing the 2022 Notes, the company has a 30-day grace period after the interest payment date before an event of default occurs.In a statement of Friday, Paragon said it believed it is in the best interests of all stakeholders, including equity holders, to use the grace period to continue to engage in discussions with its secured and unsecured debtholders related to alternatives to improve Paragon’s long-term capital structure.There is no assurance that the discussions with Paragon’s debtholders will result in an agreement before the end of the grace period, the company said.The driller which operates 34 jack-ups and six floaters can elect to make the interest payment at any time during the grace period. However, if Paragon decides not to make the interest payment by the end of the grace period, such failure would result in the rights of the requisite holders of certain of its indebtedness, including the 2022 Notes and revolving credit facility, to accelerate the repayment of the principal amounts due, which acceleration would result in a cross-default under Paragon’s term loan facility, the company explained.Randall D. Stilley, President and Chief Executive Officer of Paragon, said, “Paragon has made the strategic choice to defer this interest payment as constructive dialogue with debtholders continues. We believe we are making progress in achieving our objective to improve the long-term capital structure of the company. Paragon’s substantial cash position at December 31, 2015, more than $750 million, provides us with flexibility as we negotiate. “Furthermore, it allows us to continue to meet all of our obligations to suppliers, employees, and others as we deliver safe, reliable, and effective operations to our customers in the normal course of business.”last_img read more

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Hope Solo appears in 200th game _ a first for a goalkeeper

first_imgUnited States goalkeeper Hope Solo takes the ball during a women’s Olympic football tournament match against New Zealand at the Mineirao stadium in Belo Horizonte, Brazil, Wednesday, Aug. 3, 2016. (AP Photo/Eugenio Savio)BELO HORIZONTE, Brazil (AP) _ For Hope Solo, the firsts keep coming.On Saturday, Solo appeared in her 200th game for the U.S. women’s national team in a group stage match against France at the Rio Olympics. She is the first goalkeeper in history to reach the milestone in international play _ no small feat.It also makes her the 11th U.S. player _ across all positions _ to reach that number of caps.“As a goalkeeper, I think she’s the best one in the world,” France coach Philippe Bergeroo said. “She’s always good for the U.S. even when the team is in difficult times.”The 200th cap is just the latest notable statistic for Solo in a long, illustrious and always interesting career.Last month, Solo became the first goalkeeper with 100 international shutouts when the United States defeated South Africa 1-0 at Chicago’s Soldier Field. It was also her 150th career win.About a year ago, Solo won her second straight Golden Glove Award for the best goalkeeper at the Women’s World Cup, which the United States won. Over the course of the tournament in Canada she had five clean sheets and allowed just three goals in seven games.And earlier last week, 16-year national team veteran got her 101st shutout when the United States defeated New Zealand 2-0 in the team’s Olympic opener in Belo Horizonte.“Hope is obviously such an experienced player. And having been through so many world tournaments _ the limelight, the pressure, and the focus that’s on you _ it’s an incredible resource to have her back there,” U.S. defender Meghan Klingenberg said. “It’s also a safety net we fall back on: We try to make things as easy as possible for her, but we know that we have someone who is world class in the next behind us.”Along the way she’s vocally advocated for women’s rights. Solo was among the U.S. players who filed a complaint with the U.S. Equal Employment Opportunity Commission for wage discrimination, saying the men’s national team players have been paid much more than many on the women’s team, which for years has out-performed the U.S. men on the international stage.More recently, she’s called for better conditions for players in the National Women’s Soccer League.But the former “Dancing with the Stars” contestant has also seen her share of controversy _ and the Rio Games have been no exception. She riled some Brazilians when she posted photo of herself decked out in mosquito netting and armed with insecticide, with the caption: “Not sharing this!!! Get your own! (hashtag) zikaproof.As a result, fans at the group stage opener in Belo Horizonte booed her every time she touched the ball, and at one point jeered her with chants of “Zi-ka! Zi-ka!”“I’m glad the fans had fun,” Solo said following the game. “And if they had fun at my expense, more power to them.”For now, all that drama is outside noise. The focus for the U.S. is winning a fourth straight gold medal in the sport. The Americans are also vying to be the first team to win at the Olympics after winning the World Cup.“Hope Solo is solid when it comes to focusing on the games. She’s 100 percent focused on the games,” Klingenberg said. “Regardless of what happens _ regardless of the cheers, the chants, whatever _ I know she’s focused on what she’s here to do. And that’s to be goalkeeper for the United States and play the best that she can.”last_img read more

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Riders, Thunder Cats rain on Leafs opening weekend

first_imgBoth goalies saw action for the Leafs.Curt Doyle started the game but was pulled in favour of rookie backstop Carlos Siso after Fernie’s first goal in the opening frame.Ethan Fitzgerald registered the win in goal for the Ghostriderss.Saturday, the Thunder Cats blitzed Nelson for four goals in an 11 minute span during the first period to skate to the victory.Travis Thorhaug got the party started with a shorthanded marker before Carson Small, Logan Berggren and Ty Grisdale also scored.Josh Dalquist added to the lead with a second-period goal to make the score 5-0 after 40 minutes.Newcomer Lane Goodwin scored Nelson’s only goal on the power play midway through the third period to spoil the shutout bid by Riley O’Laney of the Cats.Siso started in goal for Nelson before giving way to backup Doyle nine minutes into the contest after Creston’s third goal.Shots were even at 27-27.Nelson, starting the season 0-1-0-0-1, travels to Kimberley to meet the KIJHL Finalist Kimberley Dynamiters Friday in the Bavarian City.Kimberley is tied with Creston for top spot in the Eddie Mountain Division, each with a pair of wins.Sunday, Nelson welcomes Sicamous Eagles for a rare afternoon tilt at 2 p.m. in the NDCC Arena.LEAFS NOTES: Nelson unveiled its leadership group prior to Friday’s opener. Heading up the team is Captain David Sanchez with assistants Kaleb Comishen, Shawn Grobowsky and Reid Wilson named as alternates. . . . Leafs forward Tyler Badger missed the home opener after picking up a one-game suspension during the exhibition season. . . . Castlegar, Beaver Valley, Grand Forks and Spokane are all tied for top spot in the Neil Murdoch Division, each with two points following week one. It’s been said it’s not how you start the race, but how you finish.So there remains plenty of time for the Nelson Leafs to build for the stretch run in this Kootenay International Junior Hockey League after the Buds dropped three of four points against Eddie Mountain Division teams.Fernie Ghostriders started the downer Friday, scoring in overtime to edge the Leafs 3-2 at the NDCC Arena.Saturday, in Creston, the Thunder Cats exploded for four first period goals en route to a 5-1 thrashing the of the Leafs.Against the Riders, Daniel Lindeman scored on the power play in the second overtime period to power Fernie past the Leafs.Twice the Rider held one goal leads on the Leafs, only to see the home side rally to tie the game — the second marker coming in the final minutes of the third period by Lane Goodwin to force the overtime.However, Bryden Pow took a slashing penalty in the second overtime period to open the door for the Riders to steal the win.Jordan Kromm and Johnny Elias scored for Fernie. Reid Wilson, a snapshot from the right side of the ice, had the other marker for the Leafs.Nelson outshot Fernie by a 41-25 margin.last_img read more

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Outdoor Track and Field: NCAA Regional Recap (Day 3)

first_img 50.17/6th 20.58/4th Stephen F. Austin men’s 4×400-meter relay broke a school record at the NCAA West regional to earn their bid to Eugene. The Lumberjacks quartet of Hampton Hawkins, Torin Crowder, Josh Taylor and Cass Brown-Stewart finished third in their heat and fifth overall with a time of 3:05.65. 200-meter dash The Southland will send nine athletes in nine events including a relay to the NCAA Championships June 11-14 at Hayward Field on the campus of the University of Oregon. Stephen F. Austin has qualified six athletes in five events; Northwestern State has qualified one athlete in two events while Oral Roberts and New Orleans have both qualified one athlete in one event apiece.Saturday 17-3/9th School Name Colton Ross 25-0/6th Long jump Justin Walker 400-meter dash Oral Roberts Josh Taylor Event Madison Reynolds *Karl Saluri 45.95/9th 4×400-meter relay Cass Brown-Stewart Stephen F. Austincenter_img *Stephen F. Austin NCAA West Preliminary Round (Results) | NCAA East Preliminary Round (Results) Justin Walker Northwestern St. Stephen F. Austin at NCAA West Preliminary Round FAYETTEVILLE, Ark. – Stephen F. Austin track and field closed the NCAA West Preliminary Rounds with another stellar performance on Saturday night as the men’s 4×400 meter relay team broke the school record to advance to the NCAA Championships in Eugene, Oregon. | Read MoreSam Houston State at NCAA West Preliminary Round FAYETTEVILLE, Ark. – Charles White complete Sam Houston’s stay at the NCAA West Preliminary Round in Fayetteville, Arkansas Saturday with a 24th place finish in the triple jump. White posted a mark of 49’ 7.75” in the event. | Read MoreNorthwestern State at NCAA East Preliminary Round JACKSONVILLE, Fla. – Justin Walker put aside the frustration of an earlier failed 4×100 meter relay qualifying effort and overcame his sore Achilles’ heel Saturday evening to win his heat in the 200 meter dash at the NCAA East Preliminary Round track and field meet, earning the Northwestern State sprint star a second berth in the national championships June 11-14 in Oregon. | Read MoreSoutheastern Louisiana at NCAA East Preliminary Round JACKSONVILLE, Fla. – Ten members of the Southeastern Louisiana University track and field teams finished competition in the 2014 NCAA Track and Field East Preliminaries in Jacksonville, Florida. Junior Brett Olsen and senior Jeffrey Milliron finished in the top 30 in the men’s discus event. Olsen, throwing for 175 feet, .39 inches, placed 26th. Milliron came in at #30, tossing for a distance of 173 feet, .77 inches. | Read MoreNew Orleans at NCAA East Preliminary Round JACKSONVILLE, Fla. – Darius Roy finished a successful freshman campaign in the quarterfinals of the 200-meter dash on the final day of the NCAA East Regional’s held on the campus of the University of North Florida. Roy got in as the final qualifier on Friday, and wound up 18th overall out of 24 quarterfinalists. Roy ran a 21.16 in the first heat and wound up placing sixth in his heat. | Read More Decathlon 100-meter dash 3:05.65/5th 7,497 points 10.31/11th Northwestern State senior Justin Walker won his heat in the 200-meter dash (20.58) and finished fourth overall at the NCAA East regional to advance to the NCAA Championships in Eugene, Ore. Walker also qualified Friday in the 100-meter dash and will be the only Southland Conference athlete to compete in two individual events at the NCAA Championships. New Orleans Pole vault 53.02/10th 400-meter dash 400-meter hurdles Jamal Peden Southland Conference Qualifiers for the NCAA Championships:  Mark/Reg. Finish *Stephen F. Austin – (Hampton Hawkins, Torin Crowder, Josh Taylor, Cass Brown-Stewart)*New Orleans Karl Saluri has qualified directly to the 2014 NCAA Outdoor Championships in the decathlon based on his personal-best score of 7,497 points, set at the 2014 Clyde Littlefield Texas Relays in March. Saluri score ranks 14th in the country. The decathlon is the only men’s event to not be contested at the preliminary round sites.last_img read more

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Finally…

first_img…comeuppance for City Officials?The PPP’s still being blamed for the PNC-run City Council turning Georgetown into the fourth circle of hell for a quarter of a century. Yes, Hamilton Green’s “Good and Green Party” might’ve won the municipal vote in 1994, but that’s only because he billed himself as “the real PNC”. And he was, because the moment the PNC was returned to power in 2015, PNC leader David Granger’s first act was to confer the Order of Roraima on Green and to increase his pension by 1000 per cent!!What’s the point of “local government” if the “local government” can’t run its own affairs?? Are the municipalities presently under the control of PPP slates expected to pilfer their treasuries; live high off the hog and beyond their means – while doling out tax exemptions – and then blame the PNC Government for strangling them?? But it wasn’t only a case of poor administration by the Georgetown PNC Mayors and City Councillors that did the city in. As we found out in audits, first by Keith Burrowes and then by Ramon Gaskin, it was the pervasive skulduggery that was conducted by high PNC officials who ran the city’s affairs.But nothing was done about it because the good burghers of Georgetown regularly returned them to office out of loyalty to the PNC. While much ink has been spilled about ethnic voting at the Central Governmental level, absolutely nothing has been said about the most flagrant instance of this insidious behaviour at a municipal level – where one-quarter of the voting population resided!! But finally, after the thefts, cronyism and venality of the Town Clerk, Royston King became too much for even the PNC Government, they had to appoint a CoI to check him out.We don’t have to repeat what Justice Kennard said about him, do we? As recommended, the Local Government Commission just sacked his sorry a55!! But what about his recommendations for audits of the entire city accounts and the actions of the PNC Gang of Four – especially two of them – Executive Member of the PNC and ex-Mayor Chase-Green and ex-PNC General Secretary Oscar Clarke?? What about using SARA to recover all the city resources they pilfered?But more importantly, with heightened awareness of the mismanagement of Georgetown by the PNC brought about by the refreshingly frank language of Kennard’s CoI, why no acknowledgement that, saddled with a PNC Mayor and City Council, the PPP had absolutely nothing to do with the city’s miserable condition.The sacking of King is only a start. The entire lot must be prosecuted!!…robotic representation!If there’s one thing the no-confidence resolution has done is to reveal the true nature of the PNC in all its anti-democratic squalor!! Imagine they’re arguing in the Courts that there’s “no such thing as a “conscience vote”” once the MP is “extracted from a list”!! Well…well…well! Now let’s not keep this at a theoretical level, let’s look at the instance that threw the PNC Government out!Charrandas Persaud wasn’t just extracted from any old list – he was extracted from the list for the geographical representation for Region 6!! Does the PNC remember why Regional MP seats were increased in the post-1992 era following their defeat? To create a hybrid system of PR and “first past the post”, that’s what! And the purpose of the latter was for specific MPs to represent their regions and thereby deepen democracy in our political system. And what Charrandas did when he voted against the PNC Government was to explicitly declare that his Reg 6 constituency was being shafted!!And he could stomach it no more. Long live democracy!!…a bully backs down – againFirst, he swore he’d force Mexico to pay for the wall to keep out migrants. After backing down, he blackmailed Congress to fund the wall by not paying a MILLION Federal workers.Congress refused…and Trump just folded!! The PPP should take heed. If you stand up to bullies, they’ll stand down!!last_img read more

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Digital Object Architecture: Long Term Persistence of Information

first_imgIf you’ve ever run into browser 404 errors — “Page does not exist” — when browsing the internet and coming across a news article or page that existed maybe a year or two ago but has since been removed, you might think about the permanency of information stored on the internet.  If data is disappearing after only a year or two, how can we expect data to survive twenty years or further into the future?That kind of thinking about being able to persist data for long periods of time drove the development of a technology called Digital Object Architecture (DOA). The DOA was created by Robert Kahn at the  Corporation for National Research Initiatives (CNRI) in the early 1990’s.  The design was based on research done by the Defense Advanced Research Projects Agency (DARPA).DOA manages digital objects.  A digital object has core data, associated metadata, and pointers to where and how information can be retrieved.Robert Kahn, CEO at CNRI, said that “moving away from identifying information about things to identifying the information itself, represented in digital form, makes it possible to associate this information with other types of information. This ability to link related kinds of information in digital form holds great promise for enabling new ways of doing business in the Internet.”last_img read more

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Samasource’s Leila Janah: Bringing The Third World Into The Tech Economy

first_img8 Best WordPress Hosting Solutions on the Market Top Reasons to Go With Managed WordPress Hosting Tags:#Africa#Builders#Google#Leila Janah#Microsoft#Nonprofit#samasource#SamaUSA#Social good#startups ReadWriteBuilders is a series of interviews with developers, designers and other architects of the programmable future.Companies like Google and Facebook are putting lots of time into figuring out how to solve the world’s problems through technology. Their efforts, though—like bringing the Internet to everyone—are both grandiose and a tad self-serving. And they’ll take years to bear fruit.In the meantime, an interesting Silicon Valley nonprofit is tackling a similar problem—namely, how to encourage the growth of tech skills in developing nations—in a completely different way. Samasource, founded in 2008, works with companies like Google, Microsoft and Getty Images to provide jobs for people in the Third World. Such jobs, sometimes dubbed “microwork,” include data entry and processing, photo tagging and machine learning.The workers receive training on software and programs created by Samasource. Once they’re familiar with technical tasks, they can begin earning money by doing online work for companies halfway around the globe. Samasource provides income and educational opportunities for marginalized workers in slums, refugee camps, and impoverished communities across Africa, Asia and the Caribbean. I talked with Samasource founder Leila Janah about the challenges of building tech-centered businesses in countries without reliable electricity, how Samasource works and the role technology can play in development. What follows is a lightly edited transcript of our conversation.Rural Africa, Meet The InternetRW: What are some of the challenges you faced implementing technology in third-world countries?LJ: The challenges are more nuanced than anything. We have a very first-world, or insular view of technology, especially where we are in Silicon Valley. I’ve been to parts of America like Mississippi where it’s as difficult to access high speed Internet as it is in Africa. And I think very few people who are here and whose cell phones work beautifully and who can always go online are aware of the very real challenges of just accessing the basic layers of technology in less wealthy locations.From the Still Life Documentary about a Worker in KenyaThat said, there’s also a stereotype about Africa—I heard this a lot from our funders—that people in sub-Saharan Africa need to focus on food and water, and tech is the last thing on their minds. Why are we bothering with cell phones when what they really need is rice?See Also: Hey Facebook! Connecting The World To The Web Isn’t EnoughI think that’s ridiculous. Humans everywhere have the same desire to connect and to contribute, and what I’ve seen is that young kids in refugee camps in Kenya are as likely to be proficient and heavy users of Facebook Zero when it was out, or SMS, as their peers in the U.S. The only thing that they don’t have maybe is a lot of data so they can’t send pictures back and forth.You’d be surprised—there are young people in all kinds of developing markets who are more proficient and tech savvy than people here. There are two sides to that coin. The biggest challenge we see is often infrastructure. The price of getting online has gone down 90% in some regions in the last few years because it’s now fiber and it used to be all satellite.So there is hope. But you have to realize that, in the case of Sierra Leone, the entire national budget of the country is under half a billion dollars, for six million people. That’s probably less than Facebook’s marketing budget, or Google’s marketing budget.When you’re trying to run an entire nation of people for less than a Silicon Valley company spends on marketing, that gives you an idea about the real infrastructure challenges. Sierra Leone, like a lot of these countries, is not electrified. So if you want to get a computer running in rural Sierra Leone, you have to have a generator, and if you have a generator, you have to have diesel. And to get diesel to a place like that, you need to airlift it in, because there aren’t even good roads.There are very real infrastructure challenges in some of these countries, especially when there isn’t tech space to support building that infrastructure. One of the things we need to do in that case is be very realistic about how much money its going to cost like spread the Internet everywhere. The first thing is we need to get electricity everywhere—still over a billion people lack electricity, right? So how are we going to get Internet to everyone when they don’t have power to read? I think that those things need to be thought through and I think a lot of that is going to require more capital than we’re willing to put up for those initiatives.What Big Companies Get Out Of SamasourceRW: Does would a tech company like Google or Microsoft use Samasource? Does each company have its own API? LJ: We have an API, and each company typically has their own way of integrating with our data, and there’s an engineering point of contact who is working with our engineering team, who is looking to plug their system into ours. What Google and Microsoft do, and I can’t really tell you many specifics, but I can say in the general area of machine learning, we’re seeing a lot of demand for our services. Machine learning is one category where the quality of the data that you get is really important, and typically the machine learning teams are using images from videos to train machines to recognize certain things in videos. One example is with car manufacturers. They’re putting video cameras and sensors in the bumpers of next generation cars. One of the things we want to train cars to do is recognize a pedestrian in front of the car so that it stops, and there are fewer auto fatalities. Leila Janah talking to attendees at the Give Work Gala 2012 That process of teaching a sensor or a camera how to recognize a human involves a lot of manual data processing. You basically have to feed the algorithm tens of thousands of images of people in different cases. When it’s dark, when it’s light, at this time, what their foot and hand [look like]. To be able to help a machine grasp what is a person. And that process involves Samasource workers tagging lots of images from those sensors, and providing the company with that data. It also means identifying parts of a body, certain part of the body in the image that is being captured by the camera. And that is really difficult to do on a platform like Mechanical Turk, because if you even get 10% of the data wrong, then your entire algorithm can fail. And when its something as important as a car that is going prevent auto fatalities, it’s important to get the data right. Companies like Google and Microsoft that are building the technology that allows for intelligent systems are very concerned with these tags about locations. That’s where we see a lot of growth. For search companies, one of the things that we do is support indexing with human judgment. So machines will sometimes index web pages. Google has algorithms to do that, but they need to check that it’s working—and this is a generic comment on all search companies—they’ll need some subset of their records manually reviewed. And it’s usually a very small percentage, but that helps them to tweak their algorithms and make sure they’re surfacing the right stuff. What Samasource workers do for search companies is support those indexing needs. We can also do things like, if you’re running ads against Web pages, you have to make sure the ads are relevant. If somebody’s Googling for a toy car, they’re not getting an ad for an actual car. We help those companies ensure that ads that are being displayed are relevant. Scaling Across The Third WorldReadWrite: Can you describe your software?Leila Janah: I’m not an engineer. So my initial goal was not to build anything, and just to focus on the labor sourcing side of our model, which I felt I had expertise in.Initially we actually used Mechanical Turk, Amazon’s [job-outsourcing] platform, and we used [freelancer marketplace] oDesk. I tried putting people directly on those platforms, and then worked with those companies to set up special arrangements for paying people in geographies that they weren’t in yet.For managing a workforce, that was pretty unusual. That model worked a tiny bit initially, and then we started seeing all of these challenges. We started seeing that these platforms were not built for impact sourcing, which is what we do.I used Basecamp for the first year of our operations; it worked for me until we hit about $500,000 in revenue. I literally had 120 of our projects on Basecamp and we would unitize the work manually. For example, we would get a giant file from the client, with PDF documents, and then we would have spreadsheets that we would load into Basecamp.Samasource in UgandaThis was in the era before Etherpad was acquired by GoogleDocs, so it was very nascent. We were using Basecamp and Excel spreadsheets. I would write: “Ok, Center A, you need to do pages one through 800. And Center B, you have pages 801 to 1200.” We were managing things in that way, very grassroots. It worked and it was cheap.Then when we hit about $500K in revenue, things started getting lost. If Google gave us a contract, we would divide that manually and set up four different projects in Basecamp, each one of them in a different group of workers. In that group, some might speak Hindi as their first language, and some might speak Swahili. It was a total mess.By that point we had identified all of the pain points, and we figured out what we needed to build. I could hire my first engineer around something that really solved a problem, rather than a hypothetical.The first thing our technology did was provide basic project management tools, but customized for the kind of work we do. The second was quality assurance, so we added gating processes, which means we can determine at the outset whether a worker is qualified to do a task.For example, in our e-commerce work with Walmart.com, we have training materials that we developed. We load them into our system and workers can read and digest those training materials on their own schedule, then they take a test to qualify into that project.What’s unique is that we have specific tests that design around that project. And then we can see a worker’s entire employment history, so when they start we can see the results on their English test. And as they progress, we can see how they do with tasks, type A and B. And we’ve done 25 million tasks on our system, some of which are very large tasks, they’re not equivalent to what you’d see on Mechanical Turk—a lot of them take up to 30 minutes or more to complete.It’s a very flexible platform that allows us to manage the entire process once we’ve secured the contract, loading the work into the system, giving it out to multiple workers, training them on specific types of tasks, and then monitoring them on an ongoing basis.RW: Do you keep in touch with workers after they’re done working for Samasource?LJ: We use our technology to measure impact. So we actually administer worker surveys at the beginning and throughout the worker’s history with Samasource. We test their skills, check on their income, communicate directly with them, and we are the first global NGO to use Facebook to do longitudinal surveys of our workers.Internet cable in UgandaWhen they sign up on the SamaHub, they have to get a Facebook account. A lot of them already have an account if they have a mobile phone, but a lot of workers don’t have a phone. What we’ve found is that’s the most effective way to keep in touch with them over time, and find out what they’re doing years later. It is really important for our donors to understand the full impact of their dollar.Bottom-Up vs. Top-DownRW: Do you think plans from companies like Google or Facebook—their initiatives to bring Internet to all—could have legs?LJ: Their efforts have been criticized in many ways, and I think it’s unfair. I’m an optimist; I think humans want the same things everywhere. I think people are fundamentally good and have good motivations. I think the people behind these initiatives at Google and Facebook, especially given that I know all of Facebook’s founders, and all of them I would say are, for their age and their level of wealth, exceptionally philanthropic. It’s really impressive. You don’t see people in finance in New York doing similarly bold things with philanthropy, and I think each of them personally are committed to making the world a better place. I think that sometimes we get taken over by the hubris of the technology culture in Silicon Valley, and we think that tech is going to solve all the world’s problems. Even with the best intentions and even with amazing tech, Google and Facebook have built things that change the world for people on the ground in refugee camps that can connect with relatives they haven’t seen in 15 years, which makes a real difference in their lives. The Internet isn’t going to solve all problems, even if it could, most of the people who need it don’t have it.I do hope that these companies, as they search for ways to do more to save the world, that they understand more of these dynamics. When you have a plan where 1.5 billion humans live on less than $1.25 a day, they’re not going to have access to the Internet, even if you make your systems open and free. You need to do more than make it free, you have to proactively fund getting it to them. Or use the philanthropic side of those companies—and I wish Facebook had a philanthropic arm. It’s a little disappointing that it doesn’t. But if Facebook had a foundation that was committed to using some portion of profits to fund access for people in developing countries, that would be a great step.Or even here at home. Funding electricity so people could get online. Images courtesy of Samasource A Web Developer’s New Best Friend is the AI Wai…center_img selena larson Related Posts Why Tech Companies Need Simpler Terms of Servic…last_img read more

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U.S. Supreme Court Asked to Review NY Taxes on Adult Entertainment

first_imgThe U.S. Supreme Court has been asked to review an unreported order of the New York Court of Appeals which dismissed a sales tax appeal for want of a “substantial constitutional question” and denied a motion for leave to appeal. The New York Supreme Court, Appellate Division, had held that the “amusement tax” (Tax Law §1105(f)(1)) and the “cabaret tax” (Tax Law §1105(f)(3)) were constitutional on their face and as applied to the taxpayers. In the petition for certiorari, the taxpayers presented the following question:New York specifically and directly taxes protected expression, but excepts from taxation ill-defined “live dramatic, choreographed, or musical performances.” In the circumstances where the state was never obligated-and indeed never even attempted- to justify its content-based differential taxation upon expression, and where administrative proceedings aptly demonstrated that the statutes contained no standards to guide the decision makers in determining when live performances were so excluded from taxation, do those statutes violate the First and Fourteenth Amendments to the U.S. Constitution?CMSG Restaurant Group, LLC d/b/a Larry Flynt’s Hustler Club, U.S. Supreme Court, Dkt. 17-147, petition for certiorari filed July 26, 2017Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.last_img read more

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In and around your city

first_imgA checklist on where to eat and what to shop for.Food Quirky delightsIf you’re looking for custom made cup cakes, regardless of how wacky your idea might be, Pink Cupcakes is the place to head to. Set up by Reema Vohra, 27, who gave up her corporate career to indulge,A checklist on where to eat and what to shop for.FoodQuirky delightsIf you’re looking for custom made cup cakes, regardless of how wacky your idea might be, Pink Cupcakes is the place to head to. Set up by Reema Vohra, 27, who gave up her corporate career to indulge in cake connoisseur’s imaginations, the home baked cakes here are a great choice to add a bit of fun to your pastry choice.Recently done quirky ideas have included an edible pregnancy test strip on top of a cupcake for an expectant mother, a little Chanel bag made especially for a young girl’s party and an angry birds themed cake for kids.Price: Rs 1,020 per dozen cupcakes.At: 301, Suma Splendor, 4th floor, Somajiguda.Tel: 9177508548; facebook.com/pinkcupcakesRestaurantKebab fiestaThe Great Kebab Factory will be hosting a food festival called Purani Dilli ka khana, all through this month. Lose yourself in the history infused bylanes of Old Delhi as you indulge in delights like the Daryaganj ke kebab, Babri seekh, Lal quile ki biryani, Dilli ki aloo chat, Paneer kuti mirch tikka and a whole lot more. Some of these are revived recipes drawn from a long forgotten past while others are family kitchen secrets carefully preserved and passed on over generations.From: Ongoing till June 30.Where: The Great Kebab Factory, Road No 12, Banjara Hills.Tel: 40208282.ShopTime to playIf you’re a football buff who loves his watches, you’ll love the newly launched Seiko Sportura FC Barcelona chronographs that will be sported by the FC Barcelona team in the upcoming 2012/13 season. This limited edition watch will be available in select stores across town.Price: Rs 27,500.Where: Helios, Midtown Mall, Road No 1, Banjara Hills.Tel: 40159191.Bag to schoolAre your kids going through the-end-of- vacation blues? Well, gift them a fun ladybird or giraffe inspired school bag from Samsonite’s Sammies Funny Face II collection to cheer them up.Price: Rs 590 onwards.Where: Samsonite store, Begumpet.Tel: 66174712.advertisementlast_img read more

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3-time Olympic champion ‘Pocket Hercules’ dies at 50

first_imgFILE- In this July 22, 1996 file photo, Naim Suleymanoglu, of Turkey, lifts 147.5kg, at the Summer Olympics in Atlanta. Turkey’s official news agency said Saturday, Nov. 18, 2017, Suleymanoglu, the Turkish weightlifter who was known as “Pocket Hercules” and who won three straight Olympic gold medals for Turkey between 1988 and 1996, has died. Suleymanoglu was considered one of the sport’s greatest athletes and earned his nickname for his strength and diminutive size. He was 50. (AP Photo/Michael Probst, File)ANKARA, Turkey — Naim Suleymanoglu, the Turkish weightlifter who won three Olympic gold medals and was known as “Pocket Hercules,” died Saturday. He was 50.Suleymanoglu was considered one of the sport’s greatest athletes and earned his nickname for his strength and diminutive size. He died at an Istanbul hospital where he was receiving treatment for cirrhosis of the liver. He had been in intensive care since Sept. 28 and received a liver transplant in October, according to Turkey’s official Anadolu news agency.ADVERTISEMENT MRT 7 on track for partial opening in 2021 ‘A complete lie:’ Drilon refutes ‘blabbermouth’ Salo’s claims Jordan delivers on promise: 2 Cobra choppers now in PH Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Malditas save PH from shutout LATEST STORIES The weightlifter — 1.47 meters (4-foot-10) tall — won three straight Olympic gold medals for Turkey between 1988 and 1996. The Bulgarian-born Suleymanoglu could lift three times his weight.He came out of retirement to try for a fourth gold at the Sydney Olympics in 2000 but missed all three of his lifts.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games opening“I know only gold,” Suleymanoglu had said as he returned to competition. “I do not know about silver or bronze.”Suleymanoglu also won seven world and six European championships. Yankees acquire 17-year-old Then in trade with Mariners Suleymanoglu hid in Australia for several days before he went to the Turkish consulate to seek asylum. Eventually the Bulgarians allowed him to switch nationalities and he kissed the airport tarmac on arrival in Turkey. In 1986 he changed his name to the more Turkic-sounding Suleymanoglu.He went to the Seoul Olympics as a Turk and twice broke the world record in the snatch on the way to winning the gold medal.He competed unsuccessfully for a seat in Turkish parliamentary elections in 1999 and 2007.Sports Related Videospowered by AdSparcRead Nextcenter_img After 30 years, Johnlu Koa still doing ‘hard-to-make’ quality breads The Fatted Calf and Ayutthaya: New restos worth the drive to Tagaytay Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games He was born to an ethnic Turkish family in Bulgaria, and defected to Turkey in 1986 while training in Australia.Regarded as a national hero in his adopted country, Suleymanoglu captured the hearts of Turks after winning his first gold at Seoul, South Korea, in 1988. Whenever Suleymanoglu returned home from a tournament, he would be greeted by thousands of fans who would lift him up on their shoulders.Suleymanoglu missed the 1984 Games at Los Angeles because of a Soviet-led boycott. Although only 17, he was the favorite to win the bantamweight gold.He was an outspoken critic of the Bulgarian government’s treatment of the Turkish minority in his homeland, and was forced by the authorities to change his surname to the more Slavic-sounding Shalamanov.When the Bulgarian weightlifting team went to a training camp at Melbourne, Australia, in 1986, he slipped away from the group while pretending to visit the restroom at a hotel.ADVERTISEMENT MOST READ Don’t miss out on the latest news and information. View commentslast_img read more

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