Excise Tax On Tobacco Products Taken Off The Table

first_imgBusiness owners on the Kenai Peninsula spoke out against the ordinance during the meeting last night. Facebook0TwitterEmailPrintFriendly分享The Kenai Peninsula Borough Assembly unanimously voted down a proposal for a borough-wide excise tax on cigarettes and other tobacco products during their assembly meeting last night. Currently the state has an excise tax, or ‘sin’ tax, that are flat per-unit taxes that must be paid directly to the state government by the merchant before the goods can be sold. The proposal was for an excise tax of $0.05 on each cigarette brought into the borough beginning on January 1, 2019. Also, an excise tax of 10 percent of the wholesale price levied on other tobacco products effective January 1, 2019. Assemblywoman Kelly Cooper: “The people in the room told us what we need to hear. When we’ve tried to look at taxes, we at this table say we don’t want to target a small group, but the people in the room are small businesses and they are saying quit targeting small groups.”  Kenai Peninsula Borough Mayor Charlie Pierce: “We may not need this, and yet, we are getting ready to pass a tax policy on individuals that we may not need. I appreciate the desire to balance budgets, and pay for costs going forward, but I’ll also have you know that we are going to continue making cuts and look for savings along the way.” Even though excise taxes are collected from businesses, virtually all merchants pass on the excise tax to the customer through higher prices for the taxed goods. The state collects an average of $474 in yearly excise taxes per capita, higher than 54% of the other 50 states.last_img read more

Getty Images Sold for 24B

first_imgDigital photograph and online media powerhouse Getty Images today announced that it has entered into an agreement to be acquired by private equity firm Hellman & Friedman for $2.4 billion. The deal has been approved by the Getty Images board of directors but still requires approval form the company’s stockholders.Getty Images in January hired Goldman Sachs Group to explore the company’s financial options. As part of the deal—which is expected to close in the second quarter of 2008—Hellman & Friedman will assume $305 million of Getty’s debt.According to Getty Images co-founder and CEO Jonathan Klein, the company’s board of directors “thoroughly evaluated” the company’s strategic alternatives and determined that the deal with Hellman & Friedman is in the best interest of stockholders because “it provides them with superior and certain value.”Getty Investments and company co-founder and chairman Mark Getty, who collectively hold about 15 percent of Getty Images shares, have agreed to vote in favor of the transaction, according to the company.last_img read more

In Credit Default AMI Skirts Bankruptcy Filing

first_imgThe publisher said it entered into a forbearance agreement with lenders last week that prevents any potential bankruptcy filing until February 4.  In a separate statement, AMI said it will increase Country Weekly’s frequency from 26 to 52 times per year. The change will be effective with the March 2 issue.Concurrently, the publisher is lowering the magazine’s cover price from $3.49 to $2.49. As part of its quarterly financial report, American Media Inc. said it is has again extended its loan payment, which was originally due September 25, until January 26. The payment was previously extended until January 15.AMI reported net income for the two fiscal quarters ended September 30 was $1.01 million up from a $17.8 million loss during the same period in 2007. Operating revenue was $247.6 million, down from $253 million during the same period the prior year.AMI said it agreed with bondholders to offer up to $21 million of its 9 percent senior payment in kind (PIK) notes which are set to mature in 2013, combined with $300 million of its 14 percent senior subordinated notes also due in 2013 and 5.7 million shares of stock. AMI carries approximately $570 million in senior subordinated debt.last_img read more

Johnson Publishing President Resigns

first_imgChicago-based Ebony and Jet publisher Johnson Publishing Company says Anne Sempowski Ward has resigned as president and COO. In a statement announcing the move, Ward indicated that she will be spending more time with her family and will join her husband in a business consulting venture.“During Anne’s tenure, we underwent significant restructuring and reorganization of the company,” chairman and CEO Linda Johnson Rice says in the statement. “Her contributions have helped to position the company for the future.”When asked if a replacement for Ward will be named, a Johnson spokesperson said: “We are continuing to assess our current internal staffing needs to enhance our senior-level management positions; and as such, we will determine our next steps following our evaluation.” The spokesperson went on to dispel reports that the company might be eying consultant Desiree Rogers for the job. “Ms. Desiree Rogers is not replacing Anne Sempowski Ward. As we’ve stated from the onset of her June 1 role, she serves as a strategic consultant for the company. She is not being considered for president and COO.”Ward [pictured] was named predient and COO in October 2008 after serving as president and COO of Johnson’s Fashion Fair, starting in October 2007. Before that, she served as assistant vice president of African-American marketing for the Coca-Coca Company, and spent more than a decade at Procter & Gamble, where she led several brands and categories.last_img read more

Omnibus Talks Still Not Wrapped Up

first_imgNegotiators made substantial progress over the weekend on a fiscal 2016 omnibus spending bill, and as of Sunday afternoon both parties were aiming to release the text of the measure late Monday.Significant issues still remained as Democrats and Republicans strived to strike a deal on a $1.1 trillion year-end spending agreement, though, and the schedule remains uncertain, reported CQ.The latest timeline means Congress may be forced to pass a third continuing resolution to avoid a government shutdown after midnight Wednesday. House Speaker Paul Ryan (R-Wis.) has pledged to follow the GOP rule requiring legislation to be available for three days before the chamber can vote on it, so lawmakers likely will need at least one additional day to clear the omnibus. The Senate also would need additional time to advance the spending package.On Friday the House passed a five-day CR, which President Obama signed later that day.The omnibus is expected to contain full-year spending plans for all 12 annual spending bills. One outstanding question Republican leaders need to determine is whether to attach a package of permanent tax extensions to the spending package.House Appropriations Chair Harold Rogers (R-Ky.) on Friday described the high-level talks as “slow” and “snail-like, glacial, in fact.” Dan Cohen AUTHORlast_img read more

Encroachment Effort at MacDill AFB Leaves State Officials Frustrated

first_img Dan Cohen AUTHOR The state of Florida this week agreed to purchase the residential development rights on a 25-acre parcel adjacent to MacDill Air Force Base in South Tampa even though the landowner will retain the right to build a hotel or motel on the parcel’s north end.The $1.3 million purchase will prevent residential development in MacDill’s clear zone and accident potential zone, but the state was only able to reach agreement to purchase the development rights for a hotel or motel on 11 acres in the airfield’s clear zone, reported the Tampa Bay Times.Still, it’s the best deal the state could get, said Bruce Grant, executive director of the Florida Defense Support Task Force.“It is not optimum and it doesn’t take care of the entire problem, but it does take care of part of the problem,” Grant said.A hotel or motel built on the parcel’s north end would be in the accident potential zone, making it incompatible with MacDill’s mission, Col. Patrick Miller, commander of the 6th Mission Support Group, told Florida Gov. Rick Scott (R) and the Florida Cabinet before their Tuesday vote.State officials expressed frustration over the inability to fully protect the installation from development. “I have reticence that we were unable to negotiate away a future hotel at the end of a runway,” said Florida Agriculture Commissioner Adam Putnam.Separately, the Cabinet voted to spend $1.5 million to buy more than 600 acres near Whiting Field in Panama City, according to the story.last_img read more

US Luxury Home Sales Surge as Wealthy Investors Cash in on Property

first_imgSales of multi-million dollar homes have surged across the US as wealthy investors hope on cashing in on the bullish upscale property market of the country.Sales of luxury homes priced at a million or more were up 9% nationwide and those priced above $5 million were up 18%, according to property firm Redfin’s latest data. However, sales fell 1% overall.Prices in the luxury property market have also been competitive as inventory gets tighter due to high demand. For the third quarter of 2014, inventory of homes priced above a million dollars was down 13% and of those priced at $5 million and more was down 47%.Luxury properties are selling like hot cakes right now. A prior report cited by The Wall Street Journal found that homes priced above $30 million spent lesser time on the market, selling 30% faster than their average-priced counterparts. The luxury real-estate market was perhaps the fastest to rebound from the 2008 housing market crash.Experts attribute the robust growth in the segment to wealthy investors and their choices.”It’s the investor and the wealthy individual that’s keeping the market alive,” Mark Zandi, chief economist at Moody’s Analytics had told The New Zealand Herald in an interview earlier.”The wealthy buyers, in particular, are fully engaged now. The stock market is up and times are good for them,” he added.Moreover, banks are more willing to lend jumbo mortgages at the existing low rates and investors are rushing to take advantage of this attractive financing option. US banks approved more than 15,000 home loans in the price range of $1 million to $10 million in the second quarter of 2014 alone.”Many people are finding out by accident that they can often get a better rate on a $700,000 mortgage than a $400,000 mortgage. The opportunities for wealthier borrowers are now better than they’ve been in a decade as far as rates and terms,” Guy Cecala, publisher of Inside Mortgage Finance, told The Washington Post.While the US luxury market is showing no signs of a slowdown, the global upscale property segment is growing at a decelerating speed. According to Knight Frank’s latest luxury market report, prices in the World’s leading cities rose just 0.2% in the three months ended September improving just 4% on a year over year basis.Jakarta, Los Angeles and Tel Aviv topped the Knight Frank Prime Global Cities Index, Q3 2014 list.last_img read more

Jet fuel price hike likely to deal a blow to passengers air

first_imgCitiesAs of June 1, 2016/KlAs of May 1, 2016/Kl Rates of ATF price differ across cities in India due to different local sales tax or value added tax (VAT).[1 lakh = 100,000 | 1 crore = 10 million | 100 crore = 1 billion] Jet fuel price has been raised by 9 percent with effect from Wednesday, for the fourth straight month, posing a double whammy to passengers and air carriers.While passengers could be hit by an increase in airfares, carriers are likely to see an erosion in their profit margins as jet fuel price accounts for about 35 percent of operating costs.Shares of SpiceJet were trading with a marginal gain of 0.60 percent while the Jet Airway stock was down 1.72 percent at around 1 p.m. on the BSE. Interglobe Aviation, which owns budget carrier IndiGo, was the biggest loser, down 2.88 percent.Jet fuel (aviation turbine fuel or ATF) price was increased by 9.2 percent on the last day of May.The revised ATF price is the fourth straight monthly increase in rates in line with global prices, which will be effective from June 1, 2016 for the four Indian cities: (according to Indian Oil):CitiesCitiesAs of June 1, 2016/KlAs of June 1, 2016/KlAs of May 1, 2016/KlAs of May 1, 2016/KlCitiesDelhiAs of June 1, 2016/KlRs. 46,729.48As of May 1, 2016/KlRs. 42, 784.01CitiesMumbaiAs of June 1, 2016/KlRs. 45, 700. 55As of May 1, 2016/KlRs. 41, 756.16CitiesChennaiAs of June 1, 2016/KlRs. 49, 404. 73As of May 1, 2016/KlRs. 45, 346.82CitiesKolkataAs of June 1, 2016/KlRs. 51, 492.43As of May 1, 2016/KlRs. 47, 561.18 DelhiRs. 46,729.48Rs. 42, 784.01 KolkataRs. 51, 492.43Rs. 47, 561.18 ChennaiRs. 49, 404. 73Rs. 45, 346.82 MumbaiRs. 45, 700. 55Rs. 41, 756.16last_img read more

After Kapil Sharma his co star is also planning for a baby

first_imgKapil Sharma Show castTwitterKapil Sharma will soon be embracing fatherhood. His wife Ginni Chatrath is currently in her second trimester and recently, the couple had flown to Canada for their babymoon. And now, his co-star, who plays an important role on The Kapil Sharma Show, is also planning for a baby. Rochelle Rao, who played the role of Chingari on The Kapil Sharma Show, had recently pariticipated in the celebrity dance show Nach Baliye 9 along with her husband Keith Sequeira. However, the couple were eliminated from the show after they received the least number of votes from the audience among other celebrity couples.Their elimination surely came as a shock to their followers but the couple has now a given their fans a reason to rejoice. Keith, who married Rochelle last year in a beach ceremony, has now revealed that they will be planning for a baby soon.Though the couple is excited to extend their family, Keith said that he is always into two minds whenever he discusses about the topic with Rochelle.”Every time I bring up the topic, I am like into two minds. I am like well let’s travel some more, let’s relax some more. But actually, I know it’s going to be really soon. We will be planning to extend the family soon. It’s about that time,” Keith Sequeira told The Times Of India. Rochelle Rao, Keith SequeiraInstagramRochelle and Keith’s romance bloomed like a flower when they entered the Bigg Boss 9 house in 2015. By the end of the show, they realised that they are meant for each other. They soon got married and are currently in a happy phase in their marriage.last_img read more

CU suspends BCL leader for entry test forgery

first_imgChittagong University has suspended two students, including a leader of Bangladesh Chhatra League (BCL), for their alleged complicity in supplying electronic devices for cheating in the ongoing admission test.BCL is the student wing of ruling Bangladesh Awami League.The suspended students are HMG Ishtiaq and Shariful Islam Nazmul. Ishtiaq, a student of Marketing department, is the joint secretary of the suspended BCL CU unit committee while Shariful is a student of English Literature and Language department.Mohammad Niaz Morshed, assistant proctor of the university, told Prothom Alo on Friday that Ishtiaq and Shariful have been suspended and served show-cause notice for their involvement with the gang that committed the forgery during the test.On Thursday, the police arrested Ishtiaq on charge of fraudulence in the admission test from Chittagong city’s Chakbazar area.Three electronic devices were recovered from Ishtiaq’s possession, Bayezid Bostami police station officer-in-charge Abul Kalam Azad told Prothom Alo.last_img read more

BNPled 20party to organise demonstrations for Khaleda release

first_imgKhaledaThe BNP-led 20-party alliance has decided to stage different action programmes at different metropolitan cities, including Dhaka, in July demanding the release of BNP chairperson Khaleda Zia, reports UNB.The decision was taken at a meeting of the alliance at BNP chairperson’s Gulshan office on Monday night, said 20-party coordinator Nazrul Islam Khan.Briefing reporters after the meeting, he said, “We’ve taken a decision to observe various programmes in all metropolitan cities with a demand for immediate release of our leader Khaleda Zia,”Nazrul, also a BNP standing committee member, said the 20-party’s next meeting will finalise the action programmes.Replying to a question, he said their alliance is a major democratic force in the country and it is united.The BNP leader said various issues relating to the country’s political situation, proposed budget and farmers’ deprivation of fair prices of their produce came up for discussion at the meeting.All the top leaders of the most alliance components joined the meeting held with BNP secretary general Mirza Fakhrul Islam Alamgir in the chair.However, no representative from Jamaat-e-Islami was present at the meeting.last_img read more

Muslim leaders preach love after mosque attacks

first_imgHigh school students embrace as they give hugs to Muslims waiting for news of their relatives at a community centre, following Friday`s shooting in Christchurch, New Zealand 18 March, 2019. Photo: ReutersNew Zealand Muslim leaders on Monday conveyed messages of love, compassion and appreciation for the community support they had received after a lone gunman attacked two mosques, killing 50 people and injuring dozens more.Mustafa Farouk, the President of Federation of Islamic Associations of New Zealand, said the community was in shock and mourning, but was resilient.”We know we are living in a country that we are welcome, that loves us. One of the most beautiful and most peaceful countries in the world,” he told a media conference in Christchurch, where the attack took place on Friday.Australian Brenton Tarrant, 28, a suspected white supremacist, was charged with murder on Saturday. Tarrant was remanded without a plea and is due back in court on April 5 where police said he was likely to face more charges.Farouk said the message for those who pedalled hatred was that they had “failed woefully”.”Because what they have done, if anything, is to increase the love and the feeling we have for our own country and we have also seen the tremendous outpouring of love, what we call aroha here in New Zealand.”Some families have expressed frustration that the bodies of almost all victims have not been released while authorities carry out post mortems and investigations.Under Islam it is customary to conduct burials within 24 hours.Rehanna Ali, coordinator of womens affairs’ Federation of Islamic Associations of New Zealand, described the process of preparing the bodies for burial.”These people died in prayer, on their way to prayer, on our holy day, a Friday, in the precincts of our holy places. And faith was what they died for. And so faith is now part of the healing process for their loved ones.”Over the weekend and into Monday, tens of thousands of people flocked to memorial vigils around New Zealand and a victim support website raised more than NZ$5.5 million ($3.8 million).Hundreds visited the sites of the shootings, performing songs, bringing flowers and food, and offering condolences.”Through all of this we try to remember that what we are bringing back to this tragedy, this horror, is a sense of compassion,” Ali told media. “The response to so much hate, has been love.”last_img

Robert E Lee Statue Vandalized on Richmonds Monument Ave

first_imgRICHMOND, Va. (AP) — A statue of Confederate Gen. Robert E. Lee on Richmond’s famed Monument Avenue has been vandalized.Red paint was splattered on the statue’s base. The letters BLM, an apparent reference to the Black Lives Matter movement, was also sprayed on the base.Investigators look at the vandalism on the Robert E. Lee statue on Monument Avenue on Saturday, Aug. 4, 2018 in Richmond, Va. The letters BLM, an apparent reference to the Black Lives Matter movement, was also sprayed on the base. (Dean Hoffmeyer /Richmond Times-Dispatch via AP)Virginia Capitol Police, which is responsible for policing the monuments, told news outlets the vandalism occurred late Friday or early Saturday between patrols.The vandalism occurs a week ahead of the one-year anniversary of the deadly White nationalist rally in Charlottesville that was organized in part as a protest to plans to remove a Lee Statue there.A Richmond commission that reviewed the city’s row of Confederate statues on Monument Avenue recommended earlier this year removing a statue of Confederate President Jefferson Davis but keeping others in place.last_img read more

CISAC Reports Nearly 11 Billion in Royalties Slams YouTube Over Distortion of

first_img ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 CISAC president and veteran electronic musician Jean-Michel Jarre (pictured above) said, “CISAC is at the heart of a battle for the future of over 4 million creators worldwide. I am passionately involved in this struggle. Europe has now recognized that it is time for change: it is not acceptable for the law to shield large tech monopolies and sustain a systemic injustice for creators. There is now a message to get to the rest of the world: it is time for other governments to sit up and follow.”Other highlights from the report include:Music collections increase 6.0% to €8.34 billionAudiovisual collections rise 6.8% to €611 millionLiterature collections climb 5.2% to €227 millionVisual arts royalties jump 19.0% to €208 millionDramatic repertoire collections grow 3.7%TV and radio continue to be the top use category at €3.89 billion, followed by live and background at €2.74 billion CISAC’s global network of 239 societies licenses content and collects royalties on behalf of 4 million creators for uses including TV, radio, live, background, digital and private copying. Global royalties collections for creators of music, audiovisual, visual arts, drama and literature rose to a record high of €9.6 billion in 2017 (nearly $11 billion), up 6.2% on the previous year, according to the 2018 Global Collections Report published today by CISAC, the International Confederation of Societies of Authors and Composers.Royalties from digital income are reported over the €1 billion mark ($1.14 billion) for the first time after a 24.0% increase in 2017. Digital collections have nearly tripled (up 166%) in the last five years, boosted by the streaming boom and, lately, by surging consumer uptake of video streaming services, according to the announcement.Music royalties have grown to €8.3 billion, up 6.0%, with digital also reported over €1 billion for the first time. Despite digital’s rise for all repertoires to €1.27 billion, revenues from digital uses remain far below collections from broadcast, live and background uses. The CISAC report reads, “Only 13% of creators’ royalties come from digital sources (up from 11%), a reflection of the gross mismatch between the volume of creative work being made available via digital channels and the amounts being returned to creators,” a clear reference to the “value gap” frequently cited by rights holders with regard to the low royalty rates paid by YouTube, the world’s most-popular platform for streaming music, compared with other streamliner services. Popular on Variety “Digital collections are held back by a fundamental market flaw,” the report reads. “A 2018 study commissioned by CISAC – ‘Economic Analysis of Safe Harbor Provisions’ by Professor Stan Liebowitz – shows how copyright safe harbor regimes are distorting the digital market globally. Subscription services like Spotify and Apple Music are at a disadvantage, generating lower revenues and with a reduced user base, due to user-upload content services like YouTube exploiting safe harbor legislation.”It is the fifth consecutive year of global growth for creators, and the first to see increases in all repertoires. The report also notes that growth in TV and radio collections suggests that surging digital revenues are not currently cannibalizing more traditional markets. In 16 of the top 20 digital collecting countries, broadcast royalties saw growth.Founded in 1926, CISAC is the world’s largest network of authors’ societies, with 239 member societies in 121 countries. It represents over four million creators from all geographic regions and artistic repertoires including music, audiovisual, drama, literature and visual arts.“This impressive performance proves that authors’ societies are delivering value to the millions of creators they represent around the world,” said CISAC Director General Gadi Oron. “They have responded to rapidly changing technology, licensing digital services in new flexible ways and handling trillions of data transactions. And they are fighting for the best licensing terms and the highest royalties possible in a world where powerful users are determined to avoid, or minimize, paying a fair return for their work.”last_img read more

FuboTV Is Latest Internet TV Service to Hike Prices

first_imgMeanwhile, Hulu in February started charging $5 more for its live TV service, which rose from $39.99 to $44.99 per month (a 12.5% increase). Google raised the price of YouTube TV last year, from $35 to $40 per month. Other virtual pay-TV players include Dish Network’s Sling TV, Sony’s PlayStation Vue and Philo.In a statement, a FuboTV rep said, “We are committed to continuing to deliver the best of live TV to our customers, as well as an exceptional user experience with 4K streams and premium features.”As a sign-up incentive, new FuboTV customers as of March 28 will receive a $10 discount on the first month for the base $55 tier while new Fubo Extra subs will get a $5 one-month discount.As of the end of September 2018, FuboTV said it had nearly 250,000 paid subscribers since launching in 2015 as a sports-centric over-the-top TV service. The company has raised $150 million from investors including AMC Networks, 21st Century Fox and Sky (now owned by Comcast).FuboTV positions its OTT service as a full-featured cable or satellite TV replacement. It has recently rolled out new features including a beta version of 4K streams, with 4K content coming to the service in the next few weeks from MLB, English Premier League and El Clasico. Fubo also offers “dynamic discovery,” an interface that lets subscribers browse live content via an in-progress preview directly on the home screen.Other enhancements on FuboTV’s road map: It plans to launch on more platforms starting this spring, including smart TVs; improve personalization and content recommendations; and upgrade cloud library features to let users better manage DVR and video-on-demand content. FuboTV’s price hikes come after AT&T raised the prices for all existing DirecTV Now subscribers by $10 per month (its second increase in less than a year), while discontinuing the previous plans and replacing them with two new bundles that include HBO but omit networks from A+E, AMC, Discovery and Viacom. Related Popular on Variety Discovery, FuboTV Strike Distribution Pact FuboTV Launches Free, Ad-Supported Streaming Sports Network Cord-cutters who thought they were getting a price break from “virtual” internet pay-TV services may be in for some sticker shock.FuboTV, as of Thursday (March 28), is increasing the subscription price of its base internet TV package for all subscribers by 22%, to $54.99 per month — up $10 from the previous $44.99 monthly for the package of more than 90 channels. In addition, Fubo Extra (with 110-plus channels) is rising by $10, from $49.99 to $59.99 per month (up 20%).According to FuboTV, the price hikes mark the first time in over a year it has raised fees. It has added multiple channels to the service in the last 12 months, including AMC, Cartoon Network, CNN, TBS, and TNT. In addition, FuboTV recently inked a distribution pact with Viacom, under which it will soon add BET, CMT, Comedy Central, MTV, Nickelodeon, and other networks to its packages. ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15last_img read more

Sony PlayStation Network hacked again by resetting user passwords

first_img Sony Playstation Network begins restoration of their online network (w/video) (PhysOrg.com) — Only a few days after Sony brought their PlayStation Network back on-line hackers have shown that the PSN is still vulnerable to attacks. This time around hackers have reset user account passwords by using their email address and date of birth. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. More information: via Nyleveia.com News of this third attack first appeared on Nyleveia.com which warned users that their accounts are still not safe. According to Nyleveia.com “…the exploit involves a vulnerability in the password reset form currently implemented, not properly verifying tokens”.Sony has since then blocked PSN login access to a number of its site, and the PSN password reset site has also been taken offline. The company has stated: “unfortunately this also means that those who are still trying to change their password via Playstation.com or Qriocity.com will be unable to do so for the time being.”Sony went on to say, “in the meantime you will still be able to sign into PSN via your PlayStation 3 and PSP devices to connect to game services and view Trophy/Friends information.”According to Nyleveia.com website: “I would suggest that you secure your accounts now by creating a completely new email that you will not use anywhere else, and switching your PSN account to use this new email.””You risk having your account stolen, when this hack becomes more public, if you do not make sure that your PSN account’s email is one that cannot be affiliated with or otherwise traced to you.”It would seem that Sony has a lot more work ahead of them. Their customers are going to less likely believe them when they say that their network is now secure. Explore further With Sony’s PlayStation Network back online only a few days, attackers have breached the system for a third time. This time going for a vulnerability with the system’s password reset. Citation: Sony PlayStation Network hacked again by resetting user passwords (2011, May 18) retrieved 18 August 2019 from https://phys.org/news/2011-05-sony-playstation-network-hacked-resetting.html © 2010 PhysOrg.comlast_img read more

Physicists propose identification of a gravitational arrow of time

first_img © 2014 Phys.org Citation: Physicists propose identification of a gravitational arrow of time (2014, November 3) retrieved 18 August 2019 from https://phys.org/news/2014-11-physicists-identification-gravitational-arrow.html Configuration of masses evolving under Newtonian gravity. Barbour et al. show that nearly all such systems have a moment of “lowest complexity,” which they identify as a unique “past” from which two “futures” emerge. Journal information: Physical Review Letters Data from ‘old’ experiment appears to constrain the idea of dark photons as part of dark matter theory More information: Identification of a Gravitational Arrow of Time, Phys. Rev. Lett. 113, 181101 – Published 29 October 2014 http://dx.doi.org/10.1103/PhysRevLett.113.181101 (free PDF)ABSTRACTIt is widely believed that special initial conditions must be imposed on any time-symmetric law if its solutions are to exhibit behavior of any kind that defines an “arrow of time.” We show that this is not so. The simplest nontrivial time-symmetric law that can be used to model a dynamically closed universe is the Newtonian N-body problem with vanishing total energy and angular momentum. Because of special properties of this system (likely to be shared by any law of the Universe), its typical solutions all divide at a uniquely defined point into two halves. In each, a well-defined measure of shape complexity fluctuates but grows irreversibly between rising bounds from that point. Structures that store dynamical information are created as the complexity grows and act as “records.” Each solution can be viewed as having a single past and two distinct futures emerging from it. Any internal observer must be in one half of the solution and will only be aware of the records of one branch and deduce a unique past and future direction from inspection of the available records.center_img For all the advances made in understanding the world around us, there are still two very basic fundamental concepts that have defied explanation: time and gravity. Though we have progressed greatly in measuring both and using both to understand other concepts, we still today are no closer to understanding either than we were when we first conceptualized them. Such an acknowledgment suggests that we likely have a major flaw in our understanding of the universe. In considering such a possibility, the three physicists with this new effort suggest we might look at time in a completely new way—by dividing a dynamically closed universe (ala the Newtonian N-body problem) into two halves with shape complexity growing from a single point—each solution to the problem can then be considered as having one past but two distinctly futures. In such a scenario, an observer would of necessity have to exist on one side or the other, and thus would only ever have that perspective. Critical to this idea is that the all of the energy and angular momentum in such a system would have to be zero.In essence, the team has removed time from mathematical functions that describe the energy of the universe—that’s what allows for splitting the equations that have been created to describe the evolution of the universe into two parts, with both having initial low complexity moving to higher complexity (similar in some respects to theories of time based on entropy). The proposal by the trio though phrased in a way as to suggest it’s a solution to the arrow of time problem, is not likely to be addressed as such by the physics community—it’s more likely to be considered as yet another theory that works mathematically, yet still can’t answer the basic question of what is time. Explore further This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. (Phys.org) —A trio of physicists is proposing a new direction for understanding the concept of time. In their paper published in the journal Physical Review Letters, Julian Barbour, of College Farm in the U.K., Tim Koslowski of the University of New Brunswick in Canada and Flavio Mercati of the Perimeter Institute for Theoretical Physics also in Canada, describe their new ideas beginning with the suggestion that initial conditions don’t necessarily need to be imposed on time-symmetric law when attempting to describe solutions to behaviors that define an “arrow of time.”last_img read more

When actions are louder than words

first_imgThe ongoing Bharat Rang Mahotsav is spreading it colours with mesmerising plays staged everyday. On Wednesday, a non-verbal play titled Life-In-Progress was staged, the play had no defined linear narrative but a series of images that look at our lives, our surrounding world and our inner spaces.Old newspapers and trash, a rag-picker, creepy crawlies, creatures from nightmares, dreamscapes, nebulous faces, dismembered hands, plastic bottles, curious people, devouring mouths, grabbing hands, running, masking, unmasking and more trash make haunting images that hold your imagination for a few moments and then disappear into the trash. The 50-minute play was staged by Delhi based group Katkatha Puppet Arts Trust. Also Read – ‘Playing Jojo was emotionally exhausting’The play titled, Sindu Kirilli had two interwoven stories. In the first, a young girl decides to leave her elderly grandfather behind on their farm in the valley so that she can escape to the city and pursue her dreams of becoming a famous singer. In the second story, an ageing playwright prepares to leave behind the ‘artificial’ world of theatre and urban life and move back to his origins in the farmland. His days of planning and dreaming about the ‘glorious future’ are nearing an end just as the young girl’s are beginning. Also Read – Leslie doing new comedy special with NetflixThe significance of the plot lies in the themes it presents before the audience and the secrets it reveals about the characters. Sindu Kirilli is essentially a tale of hope being passed down from one generation to the next. A group from Sri Lanka, Red Wings Theatre Group presented it in Sinhala language.Another non-verbal play Maya II was presented by Sharma Arts and Craft House (SACH), Manipur. The theme was Maya, the veil of deception, which blinds the eyes of mortals, and makes them behold a world which they cannot say either that it is or that it is not –  for it is like a dream, it is like the sunshine on the sand which the traveller takes from afar for water. The process of perpetuating the population through sexual union between the male and the female is natural. But aspiring for something that is far away is like the desire of the moth for the star; this is also human nature and a cause behind the teeming populace. These are just some of the ideas that Maya II attempts to explore. The play Nihsanga Samrat (The Lonely Monarch) is based on a novel by Sunil Gangopadhyay.Presented in Bengali by group Paikpara Indraranga from Kolkata the play is a saga of the life and times of Bengali Theatre thespian, Shishir Kumar Bhaduri who has almost become a legend for the current generation. The play presents a collage of various aspects of his life, on and off the stage, with many of his plays being revisited in the context of his personal life. It is an effort to look at the legend as a human being, unveiling all mythical anecdotes – a man who could disregard an award like the Padma Bhushan with ease, who lived with the aim of fulfilling his lifelong dream to create the Institution of National Theatre, who could rebuff the conventional route to success in his quest for a unique format of Indian theatre which would be independent of the British dramatic parameters that were then prevalent – a man who faced every challenge and accolade in life with equal stoicism.Japanese non-verbal play titled, Utsushi was created at the special request of international festivals willing to present Sankai Juku. Composed of excerpts from the repertory pieces, it has been newly reworked and re-staged in order to become a piece that contains the quintessence of the art of the choreographer Ushio Amagatsu.When: Till 15 Januarylast_img read more

CM to keep watchful eye on price of essential goods

first_imgKolkata: Chief Minister Mamata Banerjee will hold a meeting of the task force to ensure that prices of essential commodities do not go up in the state.The meeting is scheduled to be held on June 6 at Nabanna, the state Secretariat and all the concerned ministers and officials have been asked to be present.It may be mentioned that the Chief Minister has already expressed her concern apprehending a hike in prices of essential goods after the arbitrary increase in the fuel prices. She had earlier tweeted: “We are very concerned about the rising prices of petrol and diesel. This will certainly affect prices all around. Common people, farmers and many will suffer.” Also Read – Heavy rain hits traffic, flightsThe Chief Minister had also attacked the Centre for its “indifferent” attitude towards the issue and urged all anti-BJP political parties to go for a statewide agitation. There were also protest rallies across the state against the abnormal hike in prices of petrol and diesel.The state government had always taken steps to check the rampant increase in the prices of essential goods in the past and there is also a task force that maintains a strict vigil to oversee that the commoners are not harassed. Also Read – Speeding Jaguar crashes into Merc, 2 B’deshi bystanders killedNow, the state government is going to hold the meeting in which all the aspects in this connection will be discussed in detail.A few days ago there was a hike in potato prices. It was sold at around Rs 20 per kg at various markets in the city. The state Agriculture Marketing department took necessary and immediate measures after identifying that the price of the potato had shot up just for a particular section of middlemen.With the increase in the prices of petrol and diesel, the cost of transportation of goods has also gone up. It is leaving an effect on prices of vegetables, rice and other essential commodities.In such a situation, the state government is chalking out a plan to take necessary steps to give respite to the common people as much as possible. There would also be discussions in the meeting to ensure that prices of essential goods do not go up ahead of the forthcoming festivals in the state.last_img read more