05/01/2012 (2:28 am)

Developments in Oracle vs Google legal case

Filed under: news, technology |

Oracle Corp. has accused Google Inc. of patent and copyright infringement. Much of the dispute is over Google’s Android, the mobile operating system that now powers more than 300 million smartphones and tablet computers.

Here are key developments in that case:

Jan. 27, 2010: Oracle closes deal to buy Sun Microsystems and gets the Java computer programming language and related technology that is central to the lawsuit.

Aug. 12: Oracle sues Google in U.S. District Court in San Francisco. Oracle says Google’s Android system for mobile phones infringes on its patented Java technology.

Sept. 12, 2011: The CEOs of both companies are ordered to attend a court-supervised attempt to settle a lawsuit. They attend sessions on Sept. 19 and 21 with no settlement reached.

March 27, 2012: In a joint statement, the two companies indicate they are far apart of key matters. Oracle is seeking hundreds of millions in damages, while Google believes it won’t have to pay more than a few million dollars.

April 16: Trial begins, with the copyright issues central to the first phase Faxless payday loans. In opening statements, Oracle says Google’s top executives have long known that they stole a key piece of technology to build Android.

April 17: Google’s opening statements frame the case as Oracle’s response to its own failure to build mobile software. Oracle CEO Larry Ellison admits under questioning by Google that Oracle wanted to compete with Android before deciding instead to sue Google. Google CEO Larry Page also takes the stand, sporting a suit and tie that is a departure from his usual casual attire.

April 18: Page returns to the witness stand. The taciturn Page often looked uncomfortable, as he deflected questions about his role. He frequently said he couldn’t remember seeing some of the internal Google documents that Oracle is using to build its case.

Monday: Lawyers make closing arguments on the copyright issues. Judge sends case to jury for deliberations.

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03/22/2012 (7:43 pm)

Home beer brewers seek changes to alcohol laws

Filed under: lenders, technology |

About the only thing Kevin Flynn enjoys more than drinking his home-brewed beer is sharing it with fellow beer club members at festivals and tasting competitions. So Flynn and his buddies were shocked to discover that Wisconsin law prohibits sharing homemade suds anywhere outside the brewer’s home.

The law could “pretty much be the end of competitions in Wisconsin,” he lamented. “At least legal ones.”

An explosion of interest in home brewing is forcing lawmakers across the country to review long-forgotten alcohol laws, some of which date back to Prohibition. Although the old rules have rarely been enforced, beer enthusiasts fear they could criminalize the rapidly growing hobby and kill scores of annual tasting events that bring tourists to small towns and cities.

In Wisconsin, Flynn and other home brewers may soon be off the hook. The state Legislature last week passed a bill to allow them to transport homemade beer and wine and to share it with other adults. Brewers will still not be permitted to sell anything they make, and they will remain exempt from permit requirements and taxes.

The proposal now heads to Gov. Scott Walker, who plans to sign it into law.

At least 17 states have ambiguous laws on whether home brewers can transport beer or wine outside the home, according to the American Homebrewers Association in Boulder, Colo.

The patchwork of rules can be frustrating for hobbyists who would prefer to spend their time exchanging recipes for pale ale or rhapsodizing about different varieties of hops, barley and yeast.

Some states _ including Georgia and South Carolina _ have restrictions similar to Wisconsin’s. In Kansas and Minnesota, home brewers can only make beverages for themselves or family members. Other states permit homemade beer and wine to be consumed by guests, too, as in Arizona, Hawaii, Idaho and Illinois.

A few states have been slow to accommodate the trend. Utah just legalized home brewing in 2009, and Oklahoma followed in 2010. Mississippi and Alabama are the only states that still forbid it.

Dan Grady of the Wisconsin Homebrewers Alliance, who led the legislative effort to revise Wisconsin’s law, said beer-makers need to be watchful in case states try to use the issue to generate money for their tight budgets.

“States are under enormous pressure. It’s a revenue issue,” he said. “Everything is on the table these days.”

Gary Glass, director of the home brewers association, said it’s a balancing act when considering whether to pursue a change in the law.

“The question becomes, at what point does a home brewing community want to take on having the law changed if it’s not really having an impact to what they’re doing?”

Glass, who organizes the group’s popular national conference, said he’s had trouble securing a venue in states with vague home brewing laws payday loans for self employed. The conference, which changes its location annually, brings in $500,000 to local economies.

A grassroots reform effort succeeded last year in Oregon, where the law had been similar to Wisconsin’s. Glass, who helped draft Wisconsin’s bill, said the legislation’s demise would have set a bad precedent for home brewing.

“In this economy, you’re stifling an industry that’s growing,” he said. “It sounds like a bad move.”

More than ever, people with little or no experience brewing beer or other fermented beverages are investing in kits and ingredients to make their own. The hobby has expanded into a vibrant beer culture, with brewers freely sharing their concoctions among neighbors and friends and in clubs and competitions.

Last year, there were 411 beer competitions sanctioned by the home brewers association and the Beer Judge Certification Program. That’s up from fewer than 100 in the early 1990s.

“Back in the day, everybody thought home brewing would just be what your grandfather would do,” said Jason Heindel, president of the Beer Barons of Milwaukee Cooperative.

Home brewing has also helped invigorate the booming craft brewing industry. And it’s generated a cottage industry of its own. An annual survey of brewing supply shops around the country showed an increase in sales for beginner brewing kits, according to the home brewing association.

Home brewing was illegal in the United States until 1978, when the federal government lifted Prohibition-era restrictions on making alcohol in the home. The revised law allowed homemade beer and wine to be offered at tasting competitions but also left most alcohol regulations up to individual states. So many states have their own home-brewing rules that supersede federal policies.

In Wisconsin last year, brewers were caught off guard when the state Department of Revenue ruled that it was illegal for home brewers to share beer outside the home. The decision came after Racine officials inquired about a contest known as the Schooner Home Brew Competition.

After the department’s announcement, organizers quietly moved the contest, one of the state’s largest, from Racine to nearby Union Grove. But they didn’t advertise it because they feared possible fines.

Grady said home brewers in other states can learn from Wisconsin.

“Home brewers need to look at their state law, because they might be just as ambiguous as Wisconsin,” he said. “And if there’s ambiguity, they need to contact their lawmakers to get them clarified, much like we’re doing here.”

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02/20/2012 (11:47 pm)

London House Prices Rise to Near Record High - Bloomberg

Filed under: news, technology |

Asking prices for London homes rose to close to a record in February, helping push national values up the most in almost a decade, Rightmove Plc said.

Average asking prices in the U.K. capital rose 2.5 percent from January to 449,252 pounds ($710,300), less than 1,000 pounds below the record reached in October, the operator of Britain

02/19/2012 (7:00 am)

Iraqi PM orders security review of Syrian border

Filed under: legal, technology |

Iraq’s prime minister says all intelligence or tips about weapons smuggling and insurgent travel from Iraq to Syria must be investigated _ no matter how weak the information may be.

Nouri al-Maliki on Saturday ordered a review of Iraq’s 363 miles (605 kilometers) of border with Syria to clamp down on illegal traffic between the two counties.

Last week, U.S. intelligence chief James Clapper said a series of bombings against the Syrian regime in recent months in Damascus and Aleppo bear the hallmarks of al-Qaida instant payday loan lenders. Iraqi and U.S. officials believe some of the terror fighters may be coming to Syria from Iraq.

In a statement, al-Maliki identified weapons smuggling as a top problem.

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01/30/2012 (8:40 pm)

Construction Rises as Architects Show U.S. Nonresidential Bounce - Bloomberg

Filed under: Loans, technology |

Private nonresidential construction may pick up this year, as demand grows for new U.S. projects.

The Architecture Billings Index held at 52 last month, a sign of expansion, according to the American Institute of Architects. The commercial and industrial component — a proxy for private building activity — climbed to 54.1 in December, the highest in 10 months, the Washington-based association said Jan. 18.

The monthly survey of U.S.-based architecture firms is a leading indicator of nonresidential construction, said Kermit Baker, chief economist for the association.

01/17/2012 (9:08 pm)

Lee reports lower profits

Filed under: technology, usa |

Lee Enterprises Tuesday reported a profit of $14.624 million, or 32 cents per share, for the quarter that ended Dec. 25.  That compares to $18.980 million, or 42 cents per share, in the same quarter of 2010.

The newspaper company, owner of the St. Louis Post-Dispatch, said the year-over-year comparison would be positive if not for refinancing costs and other unusual items.  Excluding such matters, profits would equal 38 cents per share for the recent quarter, compared to 32 cents a year earlier.  

The company filed for bankruptcy last month, submitting a reorganization plan pre-approved by the vast majority of its creditors.  Chief Financial Officer Carl Schmidt said the court will be asked to set Jan. 30 as the date to make the plan effective and conclude the bankruptcy. 

Operating revenue was down 3.9 percent in the December quarter compared to a year earlier payday loans online. Operating expenses were down 5 percent, excluding unusual items, and the work force was down by 7 percent.

As in earlier periods, the company showed sharp gains in digital advertising while print ads, which make up the bulk of its advertising, continued to decline. Combined print and digital advertising was down 6.1 percent. 

CEO Mary Junck said she expects slowly improving revenue trends in 2012.  “Our refinancing agreements, along with our continued strong cash flow, will provide a solid financial footing as we continue reshaping Lee for future growth,” said Junck.

Lee, based in Davenport, Iowa, owns 48 daily newspapers, holds an interest in four others, and owns 300 specialty publications in 23 states.

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01/08/2012 (3:40 am)

Jonathan Meets Planned Strikes in Nigeria With Cuts in Salaries, Costs - Bloomberg

Filed under: marketing, technology |

Nigerian President Goodluck Jonathan said executive-branch politicians will take a 25 percent pay cut amid labor union plans for a nationwide strike to protest scrapping of fuel subsidies that more than doubled gasoline prices.

The government will reduce overseas traveling and all ministries and departments must cut costs in 2012, Jonathan said, adding that he won

12/25/2011 (11:40 am)

Draghi Says There

Filed under: business, technology |

+%3Cp%3EEuropean+Central+Bank+President+Mario+Draghi+said+there+is+no+%93external+savior%94+for+countries+that+don%92t+implement+structural+reforms+to+restore+confidence+to+debt+markets.+%3C%2Fp%3E+%3Cp%3E%93There+is+no+external+savior+for+a+country+that+doesn%92t+want+to+save+itself%2C%94+Draghi+said+in+a+speech+in+Berlin+today.+%93I+will+never+tire+of+saying+the+first+response+should+come+from+the+countries.%94+%3C%2Fp%3E+%3Cp%3EThe+ECB+is+buying+the+bonds+of+debt-strapped+nations+such+as+Italy+and+Spain+after+they+agreed+to+implement+austerity+measures+to+improve+their+finances.+Draghi+nevertheless+reiterated+today+that+the+ECB%92s+bond+program+is+%93neither+eternal+nor+infinite.%94+%3C%2Fp%3E+%3Cp%3EHe+said+an+%93unavoidable%94+short-term+economic+contraction+in+the+euro+area+may+be+mitigated+by+a+return+of+confidence+if+governments+implement+budget+consolidation+plans.+%3C%2Fp%3E+%3Cp%3E%93In+the+medium+term%2C+sustainable+growth+can+be+achieved+only+by+undertaking+deep+structural+reforms+that+have+been+procrastinated+for+too+long%2C%94+he+said.+%3C%2Fp%3E+Bank+Measures++%3Cp%3EWhile+the+ECB+has+pushed+back+against+calls+for+it+to+step+up+its+bond+purchases%2C+Draghi+said+measures+taken+last+week+to+give+banks+greater+access+to+liquidity+will+soon+be+felt.+%3C%2Fp%3E+%3Cp%3EOn+Dec.+8%2C+the+ECB+established+refinancing+operations+with+a+maturity+of+three+years%2C+allowed+banks+to+use+their+own+loans+as+collateral%2C+and+cut+the+required+reserves+ratio+to+1+percent+from+2+percent.+%3C%2Fp%3E+%3Cp%3E%93The+current+package+should+be+felt+tangibly+in+the+financial+sector+and+the+real+economy+over+the+coming+months%2C%94+Draghi+said.+%3C%2Fp%3E+%3Cp%3EHe+said+banks+face+%93headwinds%94+as+they+try+to+meet+new+Europe-wide+capital+ratios.+%3C%2Fp%3E+%3Cp%3E%93The+plan+to+strengthen+their+capital+bases+is+an+attempt+to+reinforce+their+standing+in+financial+markets%2C+but+this+is+not+an+easy+process%2C%94+he+said.+%93Raising+capital+levels+is+expensive+in+a+depressed+market+and+faces+resistance+from+shareholders.+Selling+assets+is+less+preferable+and+curtailing+credit+to+the+real+economy+is+even+worse.%94+%3C%2Fp%3E+%3Cp%3EBanks+should+consider+restraining+dividends+and+ad+hoc+compensation+to+strengthen+buffers%2C+Draghi+said.+%3C%2Fp%3E++%3Cp%3E%3Ca+href%3D%27http%3A%2F%2Fwww.bloomberg.com%2Fnews%2F2011-12-15%2Fdraghi-says-there-s-no-external-savior-for-euro-countries-that-fail-to-act.html%27+rel%3D%27nofollow%27%3ESource%3C%2Fa%3E%3C%2Fp%3E+

11/16/2011 (8:20 am)

Eurozone ekes out growth in Q3 but recession looms

Filed under: technology, uk |

The economy of the 17-nation euro bloc avoided contracting in the third quarter, thanks mainly to Germany and France, but is widely expected to fall into recession imminently as a result of its raging debt crisis.

In its first estimate for the third quarter, the EU statistics office’s Eurostat, said Tuesday that the eurozone economy grew by a paltry 0.2 percent for the second quarter in a row.

And that is likely to be as good as it gets for some time, with economists predicting a recession in coming quarters. Consumers and governments are expected to spend less due to the uncertainty spawned by the debt crisis that is threatening to spiral out of control as it moves from relatively small economies like Greece to much-bigger Italy.

Forward-looking indicators, such as surveys of business managers, households and investors, have all disappointed recently.

“The economic slump will accelerate in the coming months,” said Christope Weil, an economist at Commerzbank. “The uncertainty caused by the sovereign debt crisis is lying like mildew upon the eurozone economy.”

The worry is that the slowdown will hurt governments’ ability to reduce their debt loads as state revenues shrink and interest payments pile up.

For now, the eurozone has managed to avoid a recession _ technically defined as two consecutive quarters of negative growth.

The data showed Europe’s two powerhouses Germany and France were still growing _ 0.5 percent and 0.4 percent _ during the July to September period as consumers continued to spend.

Tuesday’s figures did not include a number of countries, such as Greece, Ireland and Italy. Their preliminary figures are due later this month but are unlikely to cause much of a change in the headline rate payday advance.

How much longer Germany and France can keep the eurozone afloat, however, is debatable.

“Future growth prospects have deteriorated markedly since the summer, making a ‘mild recession’ more likely,” said Frederik Ducrozet, an economist at Credit Agricole.

Signs of a looming eurozone-wide recession were evident in the figures _ Cyprus, Portugal and, perhaps most surprisingly, the Netherlands, all contracted during the quarter.

“There is no reason for growth optimism,” said Ferdinand Fichtner of the German Economic Institute, DIW, warning that fourth-quarter growth is expected to be much slower as the bite of the eurozone crisis is felt.

“People are uncertain,” Fichtner told the news agency dapd. “That is poison for growth.”

When the debt crisis erupted in 2009, Europe’s economy was just recovering from its deepest recession since World War II largely on the back of Germany, the region’s biggest economy. Germany enjoyed a boom in exports and improved domestic demand, even as many in the eurozone struggle in the face of mammoth debts.

The eurozone’s third quarter performance compared poorly with those of its peers. Eurostat said the United States grew by a quarterly rate of 0.6 percent, while Japan boomed by 1.5 percent, though largely because it was making up for lost output in the aftermath of a devastating earthquake and tsunami.

The economy of the wider EU, which also includes Britain and Sweden, also grew by 0.2 percent.

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10/23/2011 (2:16 am)

NATO agrees to wind down in Libya over 10 days

Filed under: lenders, technology |

NATO said Friday it plans to end its seven-month bombing campaign in Libya at the end of the month, leaving the battled-scarred country’s new authorities on their own to ensure security after the death of Moammar Gadhafi and the ouster of his regime.

The alliance made a preliminary decision to end the campaign on Oct. 31 and will make the formal decision next week, Secretary General Anders Fogh Rasmussen said after a meeting of the alliance’s governing body, the North Atlantic Council.

Diplomats said NATO air patrols are set to continue over Libya in the next 10 days as a precautionary measure to ensure the stability of the new regime. They will gradually be reduced in coming days if there are no further outbreaks of violence.

The council took into account the wishes of Libya’s new government and of the United Nations, under whose mandate NATO carried out its operations.

Victory in the war represents a major boost for the Cold War alliance, which is bogged down in the 10-year war in Afghanistan, the 12-year mission in Kosovo, and the seemingly never-ending anti-piracy operation off the Somali coastline.

It polished the reputation of France and Britain, the two countries that drove it forward, coming at a time when the alliance’s relevance is increasingly in doubt as countries make deep defense cuts and other austerity measures caused by the international economic crisis.

Rasmussen hailed the success of the operation which started on March 19 with a series of U.S.-led attacks designed to suppress Gadhafi’s formidable air defenses, including missile and radar networks. Libya’s former rebels killed Gadhafi on Thursday, and officials had said they expected the aerial operation to end very soon.

“It shows that freedom is the biggest force in the world,” Fogh Rasmussen said.

Fogh Rasmussen said NATO had no intention of leaving any residual force in or near Libya.

“We expect to close down the operation.”

He said it was up to the new government to decide whether to launch an investigation into the hazy circumstances of Gadhafi’s death.

“With regards to Gadhafi, I would expect the new authorities in Libya to live up fully to the basic principles of rule of law and human rights, including full transparency.”

NATO earlier said its commanders were not aware that Gadhafi was in a convoy that NATO bombed as it fled Sirte short term personal loans. In a statement Friday, the alliance said an initial Thursday morning strike was aimed at a convoy of approximately 75 armed vehicles leaving Sirte, the Libyan city defended by Gadhafi loyalists. One vehicle was destroyed, which resulted in the convoy’s dispersal.

Another jet then engaged approximately 20 vehicles that were driving at great speed toward the south, destroying or damaging about 10 of them.

“We later learned from open sources and allied intelligence that Gadhafi was in the convoy and that the strike likely contributed to his capture,” the statement said.

Intelligence gleaned during surveillance flights around Sirte on Thursday indicated that a “command and control group, including senior military leaders” were attempting to flee from the town, British Prime Minister David Cameron’s spokesman Steve Field said.

“There was a strike, there was damage to the convoy, the Free Libya Fighters then moved in _ as to what happened next that is not entirely clear,” he said.

NATO warplanes have flown about 26,000 sorties, including over 9,600 strike missions. They destroyed about 5,900 military targets, including Libya’s air defenses and over 1,000 tanks, vehicles and guns, as well as Gadhafi’s command and control networks.

The daily airstrikes finally broke the stalemate that developed after Gadhafi’s initial attempts failed to crush the rebellion that broke out in February. In August, the rebels began advancing on Tripoli, with the NATO warplanes providing close air support and destroying any attempts by the defenders to block them.

NATO was sharply criticized by Russia, China, South Africa and other nations for overstepping the limited U.N. Security Council resolution that allowed it to protect civilians, and using it as a pretext to pursue regime change in Libya.

French President Nicolas Sarkozy said earlier Friday that “the operation has reached its end.”

But in London, Britain had suggested that NATO may not immediately complete its mission in Libya, wary over the potential reprisal attacks by remaining Gadhafi loyalists.

___

Associated Press writers Elaine Ganley in Paris and David Stringer in London contributed to this report.

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