Google buys DoubleClick for $3.1 billion

Friday, April 13, 2007

Google has announced its intention of taking over the Internet advertising agency DoubleClick in a deal worth $3.1 billion. DoubleClick has also confirmed the deal and hopes it will be completed before the end of 2007.

Rumours of a takeover offer for DoubleClick had been circulating, with Microsoft, Time Warner and Yahoo! all reportedly interested in making an offer for the company.

Six months ago, Google bought YouTube for $1.65 billion. The current takeover is the largest in Google’s history. In a press release, Google says the acquisition “will enable Google to extend our ad network and develop deeper relationships with our partners. This new partnership represents a tremendous opportunity for us at Google to broaden and deepen our inventory of available ads and to better serve both our publishers and users.”

DoubleClick provides software for Internet advertising and brings together advertisers, advertisement agencies and website developers. DoubleClick is currently owned by the majority share-holders Hellman & Friedman, a private equity firm, with JMI Management also having a large stake in the company.

Neola North wildfire in Utah blamed for three deaths

Monday, July 2, 2007

A wildfire in the Ashley National Forest has been blamed for three deaths and has led to the evacuation of about 500 residents of the communities of Whiterocks, Farm Creek, Paradise and Tridell in eastern Utah.

The fire broke out on Friday, June 29 at around 9:00 a.m. local time in Duschene county, north of Neola by state route 121, and proceeded to spread westward into Uintah county.

To date, the cause of the wildfire is unknown. An early report by public safety officials claimed it was caused by a faulty power line or transformer. However, a later announcement by Moon Lake Electric Association CEO Grant Earl disputed this.

By Saturday morning, the fire had spread across approximately 46 square miles of land and been blamed for three fatalities: George Houston, his son Tracy Houston, and Roger Roberson, all from Farm Creek. Eleven year old Duane Houston, George’s grandson, was able to escape the fire with only minor injuries.

The communities of Whiterocks, Farm Creek, Paradise and Tridell, consisting of approximately 500 local residents, were evacuated by Sunday, and at least five homes are known to have been destroyed. Those without family or friends to provide lodging have been relocated to the Ute Indian Tribe’s auditorium in Fort Duchesne and Union High School in Roosevelt.

The Federal Emergency Management Agency became involved in the management of fire fighting efforts on Sunday, and a specialized regional wildland fire team, the Rocky Mountain Type One Management Team, had begun to converge on the Uinta Basin to assist with the firefighting, along with about 100 members of the Utah National Guard.

Reports that same day claimed the fire was 5% contained, but that it had split into at least two separate smaller fires. Authorities declared their intention to prevent the fire from moving eastwards into Dry Fork Canyon and the town of Tridell.

California releases search warrant for Wells Fargo bank on identity theft

Saturday, October 22, 2016

The California Department of Justice on Wednesday released the warrant and affidavit of a criminal investigation of the Wells Fargo bank. The State of California served the warrant on October 5 to search the San Francisco headquarters of Wells Fargo for felonious activities related to identity theft.

The warrant said property to be seized at the bank’s San Francisco headquarters was related to the unauthorized creation of accounts by Wells Fargo employees including the names of individuals for the accounts; account information and fees; the names of employees and their managers who created accounts without the consent of the Wells Fargo customers in question; and all communications including emails referencing the unauthorised accounts.

California Attorney General Kamala Harris’s criminal probe is part of an increasing list of officials nationwide questioning the business practices of Wells Fargo such as California State Treasurer John Chiang who announced a one-year suspension of State investment with the bank on September 28; Illinois State Treasurer Mike Frerichs followed suit with a year-long ban on October 3; and Democratic United States Senators Bob Menendez of New Jersey, Jeff Merkley of Oregon, and Elizabeth Warren of Massachusetts, who wrote to the U.S. Security Exchanges Commission (SEC) suggesting investigation on September 29.

Benefits Of Hiring Painting Contractors Stamford Ct

byAlma Abell

Most people try to do as many home improvement projects themselves in order to save money. While this is fine for some projects, such as staining a deck or cleaning the gutters, there are some jobs that you should leave up to the professionals. One job which you should hire someone to do is paint. Whether you need to have the inside or the outside of your home painted, you are better off hiring a professional. There are many benefits to hiring Painting Contractors Stamford CT.

Prep Work

When most homeowners paint their homes, they simply start painting. This is a bad idea. When you hire a professional painter, they will prepare the area being painted first. When this is not done, it can lead to the paint fading or peeling. This can be costly because you will need to have the area repainted much sooner than if you had the area prepared. A professional painter will also protect your furniture, floors, ceiling, and landscaping.

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Safety

When you are painting, you will often be at great heights. This can be very dangerous. Painting Contractors Stamford CT have the experience and focus to work at heights safely. They will also have the proper ladders and scaffolding necessary to do the job safely.

Insurance

When you paint your own home, and you have an accident, it is up to you to pay for any damage that you caused. When you hire a professional painter, he will have insurance, which will cover any damage that was done to the inside or outside of your home.

Quality Work

Most people can paint, however, most people cannot paint like a professional. It is not uncommon for a homeowner to paint their home, and later notice streaks and missed spots. This will not happen with a professional painter, as they will have the knowledge and experience to produce quality work.

Complete Clean Up

After the job is done, the clean up can be a process. When you hire a professional painter, you do not need to worry about the clean up. Your painter will take care of it for you.

If you are considering painting your home, you should contact Painting Contractors. The professionals at Prism House Painting LLC Stamford CT will get the job done right, and make your home look great.

US Senate passes new bankruptcy bill

Saturday, March 12, 2005In a vote of 74-25 last Thursday, the US Senate passed a measure that would change bankruptcy laws, making it harder for individuals seeking relief from their debt burden to avoid repayment. Almost twenty Democrats joined Republicans, who currently hold a majority of the seats in the US Senate, in passing the bill.

Lobbyists for credit card companies and financial services firms have worked for the bill during the last two administrations. A similar measure passed both the Senate and House during the previous administration, but then President Bill Clinton pocket-vetoed the measure in 2000.

Democrats sought to soften the bill by allowing bankruptcy filers to negotiate directly with lenders for relief, but the amendments were defeated by the Republican-controlled Senate. Proponents of the bill claim the rise of bankruptcy filings to nearly 1.5 million a year shows that abusers of credit use the filings to shield themselves from irresponsible practices.

“There has been an explosion of bankruptcy,” said Iowa Republican Sen. Charles E. Grassley, the bill’s sponsor. “We preserve the principle of a fresh start, but we also establish a principle that if you have the ability to repay some of your debt, you are not going to get off scot-free.” However, Massachusetts Democratic Sen, Edward M. Kennedy said, “This legislation makes the bankruptcy courts of the United States the collection agency for the credit-card industry.”

The bill impacts a broad spectrum of bankruptcy law, but the most significant impact is on personal bankruptcy filings. Individuals who get behind in repaying credit card debt face high interest charges and stiff late payment fees. By only meeting minimum payment requirements, borrowers remit to the lender over the life of the loan an amount in interest and other fees that can far exceed the value of the principal balance of the loan. This can put consumers who run up high balances on various cards at financial risk of default. Critics of the bill blame these aggressive lending practices as a contributing factor in the rising trend of bankruptcy filings from 1996.

The proposed bill doesn’t only affect debtors with credit card debt.

It also affects debtors who have run up large medical bills.

Patients with a past medical history that disqualifies them from full medical coverage, can easily find themselves facing insurmountable medical bills after just a short stay in the hospital. These individuals will no longer be able to get a fresh start after these personal disasters, and will be forced to live in poverty until they can pay off their medical bills as part of their Chapter 13 filing. (Prior to this bill, they would have been able to file Chapter 7, completely discharging their debt.)

Chapter 7, which accounts for 70% of bankruptcy filings, allows individuals to eliminate most non-secured debts after liquidating assets, with the notable exemption of one’s principle residence in most states. The Senate passed bill would change Chapter 7 eligibility by applying a means-test, where those with a median income higher than the state average would be required to file under Chapter 13 provisions. Under Chapter 13 protection, an individual’s debt is not forgiven; rather it is restructured for payment under more lenient terms.

This was the first major overhaul of federal bankruptcy law in many years.

Under the old bankruptcy law, a personal bankruptcy attorney could not be held financially responsible for his clients mendacity. Under the new bankruptcy law, the bankruptcy attorney is responsible for his client’s lies to the Court about his assets and the bankruptcy attorney and his insurance carrier can be held responsible by the Bankruptcy Court.

The result is that personal bankruptcy attorneys (this does not apply to corporate bankruptcy attorneys) are likely to flee the personal bankruptcy field when the new law takes effect. Their insurance companies will not offer the sort of coverage that they would need to continue to practice.

So when consumers need to file personal bankruptcy under the new law, they will be unlikely to find a bankruptcy attorney to represent them. Consumers will have to file pro se: such consumers will be likely to fail due to the complexity of the law.

The bottom line is that the field of personal bankruptcy law as a practice area of law will cease to exist when the new bankruptcy law takes effect, and consumers will be unable to secure legal counsel and so consumers will lose what legal protections counsel now affords them.

Under the new bankruptcy law about one half million Americans will be forest to pay for at lest 5 years on longer they will be held in servitude as chattel they will be completely subservient to a dominating influence of the company that holds the loan. Their loan will be put on the market for sale for profit. The people will be forced to work harder. People who fail to go to court will have a arrest warrant made out in their name and people who refuseto pay. They will be subject to fines and or jail. About fifty thousand Americans will punished by a fine and or about three thousand Americans every year will go to jail under the new bankruptcy law. For some people this will be a third strike they will be put in jail for life.

The bill has the support of President Bush, and its passage in the House sometime next month seems likely. If enacted into law, lending companies will recover more money on what otherwise would be written off as bad loans. Those persons of median and higher income seeking relief would be required to file under Chapter 13 status and pay up to $100 per month under court imposed conditions. It is expected the proposed changes would cause a sharp increase in filings before the new law could take effect.

Japan raises severity level of crisis; efforts to cool damaged nuclear power plant continue

Friday, March 18, 2011

As the nuclear crisis in Japan’s crippled Fukushima I Nuclear Power Plant appears to worsen, Japan’s nuclear safety agency raised their assessment of its severity from 4 to 5 on the 7-level International Nuclear Event Scale, the same rating given the 1979 Three Mile Island crisis. Japan’s Prime Minister, Naoto Kan, said bluntly that the situation at the nuclear power plant was “very grave”. Weather forecasts indicate changing winds may begin moving radiation closer to Tokyo by March 30.

Efforts thus far to cool nuclear fuel in the reactors and the spent-fuel pools has produced little if any success, contends United States government officials.

Engineers are working frantically to connect electrical power to two reactors in the plant, as well as to restart the cooling systems and prevent overheating of fuel rods. Tokyo Electric Power Co. stated that it hopes to reconnect a power line needed to restart water pumps to the No. 1 and No. 2 reactors by Saturday morning. However, a TEPCO official cautioned that if the water pumps were damaged by the tsunami, they could fail to restart.

The extent of the damage to the plant’s reactors is still unclear. Japanese officials have concentrated on cooling spent fuel rods in Reactor No. 3’s storage pool. On Friday, however, steam was seen rising from Reactor No. 2., where an explosion occurred on Tuesday. Additionally, engineers said on Thursday that the steel lining of the storage pool at Reactor No. 4 and its concrete base seemed damaged, as attempts to refill the pool with water became increasingly difficult.

In a briefing on Friday, Philippe Jamet, a commissioner at France’s nuclear regulator Autorite de Surete Nucleaire, said, “We must avoid being overly optimistic. This will likely take human intervention like going into control rooms to reconnect valves.”

Explosives investigation at US Embassy in Chile; Pakistani man detained

Wednesday, May 12, 2010

A Pakistani man, identified as Muhammad Saif-ur-Rehman Khan, 28, was arrested in Chile on Monday after he was found with traces of explosives in the US Embassy.

Chilean police say that traces of Tetryl, used to help detonate explosives, were detected. Yesterday a judge ordered Khan’s continued detention under anti-terrorism laws.

It has been reported that Khan was in Chile for four months, and was called to the embassy to be told that his visa for the US was revoked. A US official told Reuters that “based on the information that we had, we revoked his visa.” The official declined to give the reason behind the decision, saying only that “[we] are required to notify individuals when we take that action and we invited him in.”

Khan spoke briefly to Chilean journalists and denied he was a terrorist or that he was handling explosives. “I’ve never seen anything like this in my life,” he said, claiming that the US “just want to hide the damage they have caused to Iraq and Afghanistan.”

This is not the first incident involving explosives at the US Embassy in Santiago; after the September 11 attacks of 2001, the embassy was sent a letter bomb that was defused.

Microsoft bids $44 billion for Yahoo!

Friday, February 1, 2008

United States software giant Microsoft has launched an unsolicited bid to buy Internet search giant Yahoo! for US$44 billion or approximately US$31 per share.

The deal, which is half in cash and half in stock, if accepted by Yahoo!’s shareholders, could create a major competitor to Google, the search giant which currently dominates the Internet search market.

Apple introduces iPhone and Apple TV

Wednesday, January 10, 2007

Apple Inc. today has introduced the much-anticipated iPhone at the Macworld Conference in San Francisco.

The iPhone is claimed to be “a revolutionary mobile phone” as stated on the Apple website. The device appears to be running a mobile version of the Apple operating system Mac OSX. It is approximately the same size as a 5th generation iPod, it has a 3.5-inch LCD touchscreen display that is used to access all features of the phone including number dial, as well as making phone calls. The iPhone plays music, movies, displays pictures and is able to connect to a wireless network.

Apple CEO Steve Jobs unveiled the device by walking onto the stage and taking the iPhone out of his jeans pocket. During his 2 hour speech he stated that “Today Apple is going to reinvent the phone, We are going to make history today”.

Today Apple also released their Media Center device – Apple TV. It will directly compete with Microsoft’s Media Center operating system. Apple has taken a different approach to the media center market; rather than storing content (such as movies, music and photos) on the device, Apple TV connects to a computer (Mac and Windows) over a wirless network connection and plays all content stored on that computer. This makes it substantially easier for users to organize their media content.

Protect Your Commercial Minnesota Refrigeration Equipment With Routine Maintenance

byAlma Abell

Commercial refrigeration is the main aspect of HVACR (Heating, Ventilation, Air Conditioning and Refrigeration) that deals with the refrigeration and freezer technology in restaurants, hospitals and many other service industries. Refrigeration can also be used to cool chemical processes, maintain long term freezer storage systems and a great many other tasks. Servicing these devices takes special skills that are a little different than those required for regular air conditioning or household refrigerators. Part of the difficulty often comes from the sheer scale of certain commercial equipment, however, the rest of the problem stems from the twenty four hour reliability requirements that many Minnesota Refrigeration devices require.

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For example, the bulk of commercial refrigeration is in the food service industry where storage requirements can be very specific. Walk in coolers and freezer units must maintain a certain range of temperatures even while people are accessing them at all times of the day or night. This same importance can be applied to Minnesota Refrigerationdevices installed in hospitals, grocery stores or anywhere that perishable items are stored. If this equipment should fail at any time the business could lose thousands of dollars in inventory before the problem is fixed.

To avoid these types of disasters it is best to have your HVACR equipment serviced on a regular basis. Service times will depend on the equipment installed, that equipment’s expected use and reliability factors as well as the agreements between the service company and your business. For instance, many newer commercial refrigeration systems don’t require constant pampering while older devices may demand more maintenance or replacement parts for best performance.

Ultimately, all refrigeration equipment will age and fail. At this point it may be in your best interest to have these systems completely replaced. The real problem with buying new commercial refrigeration systems is the expense. Modern, efficient refrigeration units can be very expensive even though the long range costs can be absorbed over the life of the products. Selecting a product to meet your current and future needs requires a company like Altemp Mechanical Inc.that is skilled in both measurement and installation of a variety of refrigeration units.