NEW MAYOR SET TO DUMP CRUTCHES – AND HIT THE GROUND RUNNING

first_imgCOUNCILLOR Nicholas Crossan maybe on crutches – but he’s promised to hit the ground running as Buncrana’s new Mayor!The Independent councillor had knee surgery recently but he says he’ll be getting rid of the crutches soon and will be ready to represent the seaside town for the next year.He insisted: “I’ll be off the crutches in the next few days….but I’ll take all the sympathy that’s going until then,” he joked. This is the second time Cllr Crossan has served in the top job. He was chairman back in 1996/97.His deputy for the next 12 months will be Sinn Féin’s Mary Kelly.NEW MAYOR SET TO DUMP CRUTCHES – AND HIT THE GROUND RUNNING was last modified: June 9th, 2011 by gregShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:buncrananew mayornicholas crossanlast_img read more

New community first responders group launched in Glenties – Pic Special

first_imgThe people of Glenties can hope to feel a little safer following the launch of a brand new Community First Responders group in the area.The Glenties Community First Responders will be a new service that is linked to the National Ambulance Service (NAS).The group will respond to emergency calls (999/112) that are passed to them from the NAS in respect of cardiac arrest, heart attack, stroke and choking incidents.The first responders will be able to provide hands-on first aid assistance pending the arrival of an ambulance. Speaking following the launch, a spokesperson said: “A massive thank you to all who attended our going live event this evening and to the Highlands Hotel Glenties for kindly providing us with a ballroom to host the event. “Also a thank you to Elaine Noone and Brian Ferry, two members of the National Ambulance Service who attended – your advice and support is greatly appreciated.“We hope our group will make our community and surrounding areas a safer place. We are always looking for new volunteers – so if you would like to get involved get in contact with any current member or contact 0863585564.”New community first responders group launched in Glenties – Pic Special was last modified: October 17th, 2019 by Shaun KeenanShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:community first responder groupGlentieslast_img read more

NBA 3-point contest: Stephen and Seth Curry reflect on their competitive moments

first_imgCHARLOTTE, N.C. – Just like what happened during his childhood, Seth Curry became irritated that his older brother just received a foul call. Seth has lived his whole life knowing Stephen’s tendencies. Too bad. When the Warriors played Portland last month, Stephen still drew a foul on his brother on a 3-point attempt.“That was definitely a flashback type of vibe where he didn’t think he got it,” Stephen said, grinning.Their mother, Sonya, thought the same thing. “My mom texted me …last_img read more

Nedbank achieves carbon neutrality

first_imgPhase Two of Nedbank’s head office is a certified green building. The Rukinga community has benefitedfrom Nedbank’s purchase of carbon credits. (Images: Nedbank) MEDIA CONTACTS • Elizabeth FlorencioNedbank Group Communications+27 11 295 7260 or +27 83 636 7002RELATED ARTICLES • Nedbank goes carbon neutral • Plastic-bag billboard a world first • Bank honours local heroes • Capitec gets nod from SwissJanine ErasmusSouth African banking group Nedbank announced in July 2010 that it has achieved carbon neutrality – becoming the first bank in Africa to do so.The group’s chief executive Mike Brown made the announcement at the Nedbank head office in Sandton, in Johannesburg’s northern suburbs.“This achievement sees us following through on the commitment we made in September 2009 to completely offset our carbon footprint,” said Brown. “As our group executive of enterprise, governance and compliance, Selby Baqwa, likes to say: there is no Planet B.”Nedbank is now green not only in corporate colour, but also in deed. Brown said that it made sound business sense to go green, but was also very much the right thing to do.“As a large business we have to strike a balance between economic, social, cultural and environmental issues,” he said. “An overt focus on one area can be successful only in the short term. In order to achieve sustainable returns, all of Nedbank’s interdependent parts must be in balance.”The mammoth achievement involved not only the group head office, but all the regional buildings as well as some 500 branches and kiosks across the country. It also took the support of 90% of the staff, who were equipped with the knowledge and tools to make a difference at the office, and then to apply the concept in their own homes.Phase Two of Nedbank’s head office, now complete, is the first four-star green-rated commercial building in the country. It’s been certified by the Green Building Council of South Africa and operates 30% more efficiently than a normal building.Positive impact on communitiesThe Nedbank group made the commitment to go green as many as 25 years ago, determined to make a positive impact on the communities it serves and set an example for its customers and suppliers in the process.Brown believes that the bank’s integrated approach was the key to achieving a zero carbon footprint.“We didn’t achieve it merely by going out and buying up carbon credits, but by a genuine and substantial reduction in our carbon footprint. We started by measuring our impact on the environment – this process was initiated back in 2007 – and now we have a robust measuring system in place.”To ensure integrity in the measuring process and set up the required framework, the bank’s carbon neutral task team worked closely with the local chapter of the World Wide Fund for Nature (WWF), Brown said.“The support from the bank’s leadership is particularly encouraging,” said Richard Worthington of the WWF, “and it has contributed to the bank’s success in its green endeavours. Business and industry in South Africa is generally not doing well in this sphere, and we appreciate Nedbank’s role in setting the pace for others to follow.”Once an accurate measurement had been recorded and then verified by Ernst & Young, a target was set in terms of behaviour change; more efficient operation; and cutting down on paper, electricity, water, travel and waste.“Once we had achieved those reductions that we’d committed to, we offset the remaining unavoidable greenhouse gas emissions, around 213 000 tons, with carbon credits.”After much research, the bank settled on the sustainable Rukinga project in Kenya to obtain its carbon credits. Rukinga is Africa’s first large-scale gold level-accredited Reduced Emissions from Deforestation and Degradation initiative.“We took great care in choosing our beneficiary,” said Brown. “We analysed projects involving biodiversity, renewable energy, and the reduction of deforestation. Unfortunately we couldn’t find a suitable project in South Africa, but other projects have sprung up in the meantime and in the future we’ll be able to secure a more diverse portfolio here at home and elsewhere in Africa.”The Rukinga initiative, situated on 75 000 acres of land in the Kasigau Corridor, focuses on reducing deforestation and degradation of wildlife habitats, eliminating about 3.5-million tons of carbon dioxide emissions, and providing residents with a conservation-related income.The community has benefited richly from its Climate Community and Biodiversity Alliance-approved programme, receiving 18 new classrooms, a boost to its citrus industry, and better healthcare. A large amount of land was reclaimed for wildlife and numerous jobs were created.A journey of many stepsNedbank’s achievement of carbon neutrality took many steps, both big and small. It involved the extensive use of compact fluorescent lamps and motion-controlled lighting, turning off appliances when not in use, encouraging employees to use the stairs and not the lifts, using biodegradable cleaning materials, and installing water filters on taps instead of supplying bottled water.In addition, the bank only uses environment-friendly paper and recycles as much as it can. In 2009 it recycled 124 tons of paper and 34 tons of other waste.“The electricity we saved during 2009 could power 317 houses,” said Brown.Video- and teleconferencing helped to cut down on travel costs, resulting in a 30% reduction in the number of flights taken by Nedbank employees during 2009 and a 34% reduction in car rental.“We are also flexible with working hours and don’t mind if our people want to work from home from time to time – this has saved about 3.5-million kilometres of travel.”In total, said Brown, the bank saved R28-million (US$3.7-million) during 2009. This figure contrasts favourably with the R2-million ($264 398) spent on putting the measuring and monitoring system into place, and the R12-million ($1.6-million) spent on carbon credits.“This is not the end,” said Brown. “Rather, it marks the beginning of an ongoing process in greenhouse gas reduction. We aim to address the issue of water conservation in South Africa, as this is a key sustainability issue for us.”Nedbank is also already working on a number of innovative green retail products for its clients. The bank intends to use its leadership position to encourage all corporates in South Africa to operate in a responsible manner and play their part in mitigating climate change.last_img read more

Innovation legacy of World Cup

first_imgFree high-resolution photos and professional feature articles from Brand South Africa’s media service. Titled “2010 Fifa World Cup: What does it mean for South Africa’s innovation and capability building?”, the panel featured Nhlanhla Mabaso, the director of Computer and Network Services at Wits; Adrian Schofield, JCSE’s Applied Business Unit manager; Mayan Mathen, CTO of Dimension Data; and Gillian Saunders of specialist advisory company Grant Thornton. Introducing the panel, organisational behaviour specialist Dr Wendy Ngoma, acting WBS head, said that innovation brings out the best in people who care enough to want to change the status quo. Hosting the World Cup called for much of that attitude in order to meet with Fifa’s exacting specifications – but it’s also an approach that will enable South Africa to reap the benefits of its multi-billion-rand investment in years to come. Caribbean-born Prof Gillian Marcelle, head of strategy and innovation at WBS, chaired the panel. She explained that the Strategic Management of Innovation seminar series group meets every two months to discuss ways of getting innovative ideas out to the public. Typical topics include biotechnology, infrastructure and entrepreneurship. “It’s a completely open group, and everybody is welcome to join us,” said Marcelle. “You just have to have an interest in innovation.” The experts gave their views on how the World Cup has benefited South Africa in terms of the many improvements in infrastructure and technological systems, and how these improvements could be efficiently used in the future.Maximising opportunities “South Africa has once again demonstrated its ability to pull off the big one,” said Schofield. “Why can’t we achieve this level of success in areas such as education, security, health or job creation? Perhaps the real innovation lies in motivating government processes to achieve these outcomes.” As proof of South Africa’s innovative skills, Schofield mentioned the design of new stadiums and the communications infrastructure that connects the magnificent buildings, Fifa offices, and broadcasters to the impressive International Broadcast Centre (IBC) and IT Control Centre in Johannesburg. “Yes, it was a Fifa requirement, but South Africa put it together,” said Schofield, adding that it was unfortunate that Fifa saw fit to import much of the expertise. “But I hope that our local industry has watched and learned all that it could. For instance, with high-definition and 3D television, we should now be thinking not only of manufacturing the hardware, but of developing suitable content.” The one area where technology failed, said Schofield, was in the ticketing system, the complexity of which was ill-suited to Africa, and was not adapted by Fifa until it was almost too late. “It was a good opportunity for local ticketing companies, but sadly they missed out.” Schofield discussed ways in which all this new technology can be put to good use, but added that it would require some imagination. “The IBC broadband infrastructure cannot be wasted, and it would be a great idea to build a hi-tech campus on that site, once the moveable equipment has been taken away.” Schofield also described the fan park sites as areas with great potential for outdoor entertainment venues and cinemas, or even places where communities can gather to learn more about important government programmes. The stadiums present another challenge, he said. With their cutting-edge technology they should not be limited to hosting just rugby and football matches. “We could turn them into support structures for local schools, using them as giant classrooms or extra sports fields.” This is especially fitting, he said, in light of the fact that one of Fifa’s most publicised legacy goals of the tournament is education. “The stadiums also hold great promise as focal points for surrounding communities, by hosting internet cafes or health clinics, for example. We mustn’t starve ourselves of the opportunities presented to us by the World Cup, but rather, turn them to our maximum advantage.”Cutting-edge technology in stadiums Dimension Data’s Mathen shared a few of the World Cup’s highly specialised IT developments with the audience. “Although for me, one of the greatest legacies was in the social aspect,” he said. “I wasn’t too excited until the opening ceremony, but now I value the opportunity to have met so many new people.” The 415 000 jobs created, the cumulative global audience of around 26.9-billion, the boost to South Africa’s economy – while these are all factors that cannot be ignored, said Mathen, there are other aspects that are equally impressive. “The infrastructure development and upgrades to national roads has changed my life. There have been huge improvements made to roads, airports, stadiums and hotels, as well as our communications capability. Emergency services disaster centres in major cities have been upgraded, which allows for a better coordinated effort when it comes to managing disasters.” In terms of safety and security, said Mathen, the South African Police Service created a dedicated 2010 team of 41 000 members, while the police reservist force is to grow from 45 000 to around 100 000. Other safety and security benefits are less noticeable – yet no less significant. “South Africa’s e-border system is one of only three in the world that works on a cloud computing platform. It constantly scans international databases to keep track of potentially undesirable people as they travel.” Mathen said that eThekwini, or Durban, is now a digital city with one of the world’s top fibre-optic cable networks. “The city can now offer smart connect services to small businesses, and runs more efficiently in general.” The recent broadband developments and newly operational undersea cables have opened up tremendous opportunities. “We have great broadband capability – but entrepreneurs now need to come up with ideas to utilise it.” Mathen also mentioned that during the World Cup, South Africa became one of the highest “tweet” sources in the world, referring to the Twitter social network phenomenon. “We averaged around 750 tweets per second, with some 3 500 going out every second during World Cup matches.” He described Johannesburg’s Soccer City as the largest World Cup stadium ever built. “It has 17-million tons of steel and 11-million bricks – all sourced locally. We have thousands of workers now trained in construction skills.” Turning to the Cape Town stadium, the jewel of the city, Mathen talked about the various systems installed in the showpiece to ensure fans’ safety. “It has a facial recognition surveillance system that can send instant alerts to the police if a wanted individual is spotted on the closed circuit television system. The stadium’s electronic ticketing system and intelligent fire management systems are world class. Even the police vehicles have cutting-edge systems that allow them to travel up to 160 kph while doing facial and number-plate recognition.” The Cape Town stadium is also highly energy efficient, he said, and is run by an intelligent building management system. And the expertise gained by South Africans working on these projects has not been wasted. “As a result of the work done during the World Cup, our people have been consulted by agencies working on future events such as the next Fifa World Cup in Brazil in 2014, and the two upcoming Rugby World Cups.”Protecting borders Doctoral candidate Mabaso talked about other legacy aspects such as improvements to the border control system developed in 1985, and still used successfully today by border officials. “Although improvements have been made over the years, the system received a big jump for 2010,” he said. The new movement control system was responsible for thwarting the plans of a number of identified hooligans, who tried to enter the country during the World Cup. The country also implemented other innovations such as hand-held passport processing devices at international airports, which can service new arrivals while they’re still standing in the queue. These were piloted in South Africa during the 2009 Fifa Confederations Cup. “Other long-term legacy aspects,” he said, “are the development of sustainable technologies, and a boost in confidence in South Africa both internally and externally. There are one or two more negative aspects such as the possibility of white elephants, but these can be overcome with some imagination.”New visitors to South Africa Gillian Saunders talked about tourism aspects of the World Cup, saying that official data would only be released later in the year, but meanwhile the company had projected just under 400 000 World Cup visitors, using ticket sale figures. “We took the number of ticket sales versus the average number of games a visitor would watch, a figure gleaned from previous tournaments, and came to a result of about 373 000 visitors.” The tourism spend, said Saunders, was up by 0.48% compared to normal July figures, and the GDP would benefit by an additional 1.72% in total. “We also can’t ignore the profiling of South Africa on the world stage, helped by the presence of 18 850 media professionals in the country. We’ve benefited from increased national pride and a new can-do attitude, and we’re also seeing more football development as well as football and rugby integration.” The World Cup, said Saunders, would give South Africa the opportunity to grow its event and leisure tourism sector, as the tournament has given the country access to new markets and new countries. “We’ve also broken new ground in cyberspace. We’re the first World Cup to make extensive use of social media,” she said, adding that for the first time Africa is seen internationally as a place with a realistic growth potential. First published by MediaClubSouthAfrica.com – get free high-resolution photos and professional feature articles from Brand South Africa’s media service. 14 July 2010 South Africa’s 2010 Fifa World Cup will leave its mark, experts say, not only in the many humanitarian initiatives which have sprung up around it, but also in lasting improvements in infrastructure and technology in the country. A number of academics and IT specialists gathered at the Wits Business School (WBS) in Johannesburg recently to discuss the World Cup legacy. The meeting was held under the auspices of the WBS Strategic Management of Innovation Seminar Series, in conjunction with the Joburg Centre for Software Engineering (JCSE). MediaClubSouthAfricalast_img read more

South Africa in ‘sweet spot’ for growth

first_imgAccording to the Institute for Security Studies, the ideal South Africa can only be realised if all citizens actively participate in the country’s growth and support the National Development Plan (Image: Institute for Security Studies) • Dr Jakkie Cilliers Executive director Institute for Security Studies +27 12 346 9500 +27 83 644 6883 jcilliers@issafrica.org • Cooperation, trade and education key to Africa’s success – Coleman • The dividend of democracy – 20 years of economic growth • A vision for 2030: South Africa’s National Development Plan • National Development Plan to grow jobs • Ramaphosa explains the National Development PlanShamin ChibbaMandela Magic can be created if South Africa’s growth from now until 2030, the final year of the National Development Plan (NDP), can increase to 5.1%. This idea was debated by foreign journalists and members of the Institute for Security Studies (ISS) in a discussion about the plan, held at the institute’s headquarters in Pretoria.Hosted by Brand South Africa in March, the discussion looked at three possible outcomes of the NDP by 2030. ISS executive director Jakkie Cilliers explains that these include the worst-case scenario, called Nation Divided; the current political and economic climate, known as Bafana Bafana; and the ideal South Africa, called Mandela Magic. The ISS determined the results using the international futures forecasting system, which uses current data to make predictions.Cilliers points out that the country is currently in “a sweet spot for increased growth”, which could lead it to Mandela Magic. The increase in population could help matters. The NDP forecasts the population will be at 58 million in 16 years’ time. But Cilliers disagrees, saying that ISS calculations show a 2030 population of 66.4 million. “When the NDP did their forecast they did not have the benefit of the latest census survey. And also, for reasons unknown to us, the NDP forecast that inward migration into South Africa would go down to zero by 2030, which we think is unrealistic. If migration remains at its current rate, it will be 66.4 million.”He also says fracking will play a major role in boosting the country’s gross domestic product. Currently, it is reliant on coal and carbon for 70% of its energy and 90% of its electricity. However, Cilliers says the shale boom will allow South Africa to take income from fracking and invest it in renewable energies. “It can boost our economy substantially.” The ISS’s three scenarios of how poverty will turn out in South Africa by 2030. Cilliers says the number of people living in extreme poverty will come down under the Bafana Bafana and Mandela Magic scenarios if appropriate policies are implemented. (Image: Institute for Security Studies) Mandela Magic calls for active citizenshipApart from increased economic growth, Cilliers points out that Mandela Magic is achievable if there is strong leadership and active participation from all citizens. “To create Mandela Magic, South Africans need to create a social compact in support of the NDP across all sectors of our society.”The ISS likens the current political economic path to the South African national football team’s performances, calling them “perennial underachievers”. Cilliers explains that under the Bafana Bafana scenario, the country would make steady progress heading towards 2030, but never break free from the cycle of unemployment, inequality and unrest.He acknowledges that the country’s economy would grow by 3.8% – relatively well compared to the European Union and the US. But under this scenario the structural limitations to faster and more inclusive growth remain the same. “Corruption will continue and [the] government only pays lip service to the NDP.”Under Nation Divided, the worst scenario, the ANC opts for populous policies to retain support. At the same time, it appropriates and redistributes land, nationalises mines and browbeats the country’s Chapter 9 institutions. It also entrenches poverty through policies that serve elite interests. As a result of all these poor decisions, South Africa grows at a paltry 2.6%. The graph on access to electricity shows an increase in all three scenarios. However, the differences indicate that by 2030 around 2 million more rural South Africans could be living without reliable electricity in the Nation Divided scenario than in the Mandela Magic state. (Image: Institute for Security Studies) Clear visionHowever, Mandela Magic sees a country with a clear development vision. According to Cilliers, this is possible with either a reinvigorated and strong ANC leadership that governs the country beyond the 2024 elections, or through the rise of a genuine multiparty democracy with the ANC losing its majority. “Both would assume a hard-nosed implementation of development.”A Mandela Magic South Africa, he says, would grow by an average of 5.1% to 2030. As growth accelerates, employment will increase and inequalities fall. “Under Mandela Magic, our economy can be 23% larger than it currently is under Bafana Bafana.”Among many priorities, Cilliers says, four interventions stand out as crucial to ensuring Mandela Magic: the implementation of recommendations by the Slabbert Commission of Enquiry to reclaim political accountability; the installation of a leadership that represents the highest standards of values and ethics; the commitment to quality education; and the commitment to inclusive economic growth. A graphic summary of the three scenarios. South Africa’s GDP under Mandela Magic would rise by almost R5-billion from 2013 to 2030. (Image: Institute for Security Studies)last_img read more

Soybean growers back bill extending biodiesel tax credit

first_imgShare Facebook Twitter Google + LinkedIn Pinterest The American Soybean Association (ASA) supports legislation introduced last week by Reps. Kristi Noem (R-S.D.) and Bill Pascrell (D-N.J.) that would extend the biodiesel tax incentive through 2019 and reform it as a domestic production credit.“The bill from Reps. Noem and Pascrell is something ASA is extremely pleased to see, as it seeks to extend the biodiesel tax credit through 2019, and restructures the credit to further promote value-added domestic production. We appreciate the work of Representative Noem and Representative Pascrell and are proud to support their efforts,” said Richard Wilkins, American Soybean Association president. “If not renewed, the dollar-per-gallon credit will expire at the end of this year putting a damper on production and preventing the industry from maximizing the benefits provided from this domestic, renewable energy source. In a farm economy that is dealing with low crop prices, that uncertainty and added stress are things that farmers don’t need.”The tough political climate will likely be a challenge.“In the challenging political environment of an election year, it may be easier for lawmakers to pull back from working together, even on common-sense legislation like this, which is what makes the leadership shown by Representatives Noem and Pascrell so commendable,” Wilkins said. “We appreciate their work on this issue and we urge Congress to support the extension and restructuring of the biodiesel tax credit.”last_img read more

Will E-Book Prices & Restrictions Lead to E-Book Piracy?

first_imgRelated Posts A Web Developer’s New Best Friend is the AI Wai… Tags:#E-Books#web Last week, Random House agreed to the agency price model, the last of the top six publishing companies in the world to do so. The move allowed the publisher’s books entry into Apple’s iBookstore, something that Steve Jobs touted on stage during the iPad 2 announcement as giving customers a better, more complete e-book catalog from which to shop.But as many customers have noticed, that more complete e-book catalog doesn’t contain a lot of price variation. Indeed, the agency price model lets the publishers set the pricing for their books (rather than allowing retailers to determine the price) and, according to a story in The Guardian, investigations are underway in Europe to determine if the agency model and its highly uniform pricing structure may actually constitute price-fixing and the work of an illegal cartel.The Uniformly High Price of E-BooksIt isn’t simply the lack of differentiation between publishers that has some consumers frustrated. It’s that that price for e-books – typically around $9.99 – is often a lot higher than other book formats. A thread on Reddit, now boasting almost 300 comments, makes the case:The Book ThiefKindle $9.99Paperback $7.79A Thousand Splendid SunsKindle $12.99Paperback $9.40The Kite RunnerKindle $12.99Paperback $7.81The Girl Who Kicked the Hornet’s NestKindle $11.99HARDCOVER $11.89There’s no paper, no binding, no shipping, no storage necessary for an e-book. So why the higher price?A Question of EthicsAs Reddit threads are wont to do, the discussion of spendy e-books quickly changes direction as the first commenter asks, “Is it morally wrong to purchase a paper copy of the book and torrent the ebook?”That’s a good question, I think, and one debated not just by a bevvy of Reddit users in the thread, but answered by the ethicist Randy Cohen in The New York Times last year, who (in case you were wondering) said that pirating a copy of an e-book, one that you already own in print format – was not unethical. Illegal, yes. Unethical, no.Before the lawyers unleash the hounds, here’s Cohen’s justification for his statement: “Author and publisher are entitled to be paid for their work, and by purchasing the hardcover, you did so. Your subsequent downloading is akin to buying a CD, then copying it to your iPod. Buying a book or a piece of music should be regarded as a license to enjoy it on any platform. Sadly, the anachronistic conventions of bookselling and copyright law lag the technology. Thus you’ve violated the publishing company’s legal right to control the distribution of its intellectual property, but you’ve done no harm or so little as to meet my threshold of acceptability.”Cohen was roundly taken to task for his response. But his sentiments seem to be echoed by many consumers who are beginning to feel as though that $9.99 price-tag for e-books may be set too high.A Question of (Digital) HistoryRandy Cohen’s comparison of e-books to MP3s is an interesting one as publishing companies are no doubt loathe to tread what seems to be generally accepted as the historical path that the record industry traversed, in which the move to digitized content meant a downward spiral of profitability (whether that was the result of piracy, as they’d like to have us believe, or of lousy artists signed to recording contracts or of some other factors altogether).But as someone who owned certain records on LP, then in some cases paid for these same albums again on cassette so I could play them in my car, I admit, I do remember balking when I was expected to purchase the same music a third time around, just to have it on CD, just so I could easily convert it to MP3 or put it on my iPod. Adding to my displeasure, this new medium – the CD – was almost twice the price as the cassettes and records. That, not my wanton desire to destroy the members of Metallica’s ability to earn a decent living, was what made piracy appealing. I have to wonder if we are we headed down this same course with digital books. It isn’t as though most book lovers want to deprive authors from earning their keep. “I buy the real book” say many Reddit commenters on the aforementioned thread, “but then I pirate the e-book.” But when we find ourselves, yet again, paying more for a digital copy – one that has none of the materiality of a paperback or hardback, one that has none of the benefits of being able to share this work of art freely with our friends and family – it may be no surprise that we look for other ways to read or watch or listen. When we already own a copy of a beloved book and want a digital copy to tote about on our iPads, the demand for another $9.99 seems all the more ridiculous.Are We Buying the Content? Or the Content Delivery Mechanism?Many of the participants in the Reddit thread on e-book pricing question whether, when we buy something, we’re buying the content – the novel or the album, for example – or whether we’re buying access to a sanctioned content delivery mechanism – a DRM version of that book or record. The publishing and record industry may want to keep those intertwined, but I’m not sure consumers see content the same way.Artists and publishers are no doubt looking for new business models as we move to digital books and music. The question remains whether or not these models will meet everyone’s needs – artists’, publishers’, consumers’. But it seems just as significant to watch whether or not these new business models work with consumers’ ethical codes of conduct, for art, literature, music they feel they should be able to get for free or for cheap or that they already actually own. Top Reasons to Go With Managed WordPress Hostingcenter_img audrey watters Why Tech Companies Need Simpler Terms of Servic… 8 Best WordPress Hosting Solutions on the Marketlast_img read more

Man lynched by mob for allegedly carrying beef in Jharkhand

first_imgOn a day Prime Minister Narendra Modi warned that killings in the name of cow protection won’t be tolerated, a man was beaten to death by a mob here on Thursday on suspicion that he was carrying beef in his vehicle.A case has been registered on the basis of a video footage of the lynching, police said.The incident took place just a couple of days after a mob attacked and injured a man in Giridih district on suspicion that he had slaughtered a cow.Also Read Protectors can never be killers: VHP on cow vigilantes  S.P. Kishore Kaushal told a press conference that around 30 people surrounded the van bearing a West Bengal number plate in the Bazaar Tand area of Ramgarh police station.They dragged out the driver of the vehicle, Mohd. Allimuddin, a resident of neighbouring Hazaribagh district, and thrashed him, injuring him seriously.The police on getting information rushed to the spot and took Mohd. Allimuddin to a hospital where he was declared “brought dead” by doctors, a police officer said.The mob also set the vehicle on fire, he said.According to Mr. Kaushal, the case was registered on the basis of the video footage and asserted the guilty would be arrested soon.Ramgarh Deputy Commissioner Rajeswari B., who was also present in the press conference, said additional forces have been deployed in the area to maintain law and order.last_img read more

India dollar bond party just getting started on decade-low costs

first_imgDollar bond issuance from Indian companies looks set to accelerate in the New Year off a 2017 record as issuers cash in on bullish investor sentiment and the lowest borrowing costs in a decade.Dollar-denominated bond sales from India soared almost 90% to an all-time high of $15.2 billion in 2017, Bloomberg-compiled data show. Historically low interest rates and credit spreads have allowed some of the nation’s best-rated companies to access markets at very competitive pricing, according to Bank of America Merrill Lynch. Strong investor appetite internationally will spur further gains in 2018, according to Jay Capital Ltd.“Investors are ready to lap up India paper,” said Asit Bhatia, managing director for global corporate and investment banking at the Indian unit of Bank of America Merrill Lynch in a phone interview. “There is a dearth of good Indian paper in the dollar bond markets.”Read it at Live Mint Related Itemslast_img read more