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মঙ্গলবার, ৩০ এপ্রিল, ২০১৩

Mac Miller And Corey Feldman's 'S.D.S.' Beef, Frame By Frame: Watch!

Co-stars (and fictional enemies) break down Miller's latest video for MTV News.
By Rob Markman, with additional reporting by Katie Atkinson

Mac Miller and Corey Feldman in the video for "S.D.S."
Photo: Rostrum

Source: http://www.mtv.com/news/articles/1706497/mac-miller-corey-feldman-sds-video.jhtml

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সোমবার, ২৯ এপ্রিল, ২০১৩

Facebook And The Sudden Wake Up About The API Economy

What a two weeks it’s been. Something happened that has been simmering for a while. The API market exploded. Intel bought Mashery for more than $180 million and CA acquired Layer 7. 3Scale received a new $4.5 million round of funding from Javelin Ventures. Programmable Web acquired Mulesoft. And then Facebook jumped in and bought Parse. The acquisitions and funding point to a maturing market that is reflected in the ubiquity of APIs across the application landscape. It’s not a new market by any means. The space is filled with companies that have leveraged the API build out that has happened over the past several years. Instead this is an inflection point. There are more than 30,000 APIs, according to Programmable Web, the leading API directory and blog. Javelin Ventures Managing Director Noah Doyle said to me in an interview that analysts see the API market growing five to ten times over the next five years. With that scaling in number of APIs comes a virtuous circle for the developers that build compelling apps and APIs. The APIs extend the apps reach as they become part of distributed data network. As more people use the APIs so the app developer generates more data. As the data increases in scope, often the service will become an API. Facebook needs new streams of data to keep rolling out new digital products. Back end as a service providers like Parse provide SDKs and APIs that give developers access to infrastructure for storing basic data types, locations and photos. How Facebook uses this data is a question mark. But regardless, Pare serves as a constant replenishing source, nourished by the apps on the Parse platform that use APIs. Facebook now will decide how to package and segment that data to push more relevant advertising to its 1 billion users. APIs Are Like Glue APIs will be the glue to the Internet, said Programmable Web Founder John Musser. Musser, like Doyle, sees a new generation of APIs emerging that are fueled by demand, triggered by mobile devices, which serve in many respects as the new client/servers. Apps are hosted on cloud services and distributed across mobile devices that read and write data, sending and receiving information, connecting via APIs. In the first generation, Mashery and companies like Apigee pioneered the API management space. Twitter and other web companies emerged in the second generation. In the

Source: http://feedproxy.google.com/~r/Techcrunch/~3/w8YoAqX9UZY/

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Is Molten Light Oozing Out Of The Abyss?

If ever there was something bubbling out of the primordial ooze it's these little pools of light. There's something that's just gloopy and compelling about them. This is KIHOU, a series produced by tangent, a London/Tokyo design studio. More »

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/2eEPYq_OdHQ/is-molten-light-oozing-out-of-the-abyss

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শনিবার, ২৭ এপ্রিল, ২০১৩

Boston marathon bombing: how it connects Tolstoy, David Foster Wallace

Echoes of one of Tolstoy's great works, inspired by the conflict between Russia and Chechnya, can be found in the final novel by David Foster Wallace.

By Nina Martyris,?Contributor / April 26, 2013

Tolstoy's novel 'Hadji Murad' reflects the author's fascination with the East-West struggle between the Europeanized rulers of Russia and the Muslims of Chechnya.

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The Boston Marathon bombing brought together two disparate worlds: Cambridge and Chechnya. And at the same time it reasserted a connection between two great writers: Leo Tolstoy and David Foster Wallace.

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In the United States, many people became focused on the strife in Chechnya only last week. Tolstoy beat us by more than century. His 1912 novel "Hadji Murad" (written years earlier) tells a story of violence between Chechens and Russians that was historic even then.?

This slim novel ? a sapling when compared to the oaks of "War and Peace" and "Anna Karenina" but with a theme as weighty ? tells the tragic story of the eponymous Avar warrior, who, after a falling out with a Chechen chief, turns himself over to the Russians, escapes from them, only to find himself trapped like an animal in a ditch between the Russian militia and his own people. Finally, another tribesman cuts off his head. It is a brutal story but softened with touches of great tenderness and empathy, both for the ordinary Chechen as well as the ordinary Russian soldier.

Fast forward to the 20th century. Long before the Boston Marathon bombing, "Hadji Murad" seems to have left its imprint on the troubled and capacious mind of a writer who made Boston his home for three years: David Foster Wallace, author of the peculiarly brilliant novel "Infinite Jest." It is not in "Infinite Jest," however, that we see the striking influence of Tolstoy. Instead, it is found in Wallace's last work, "The Pale King" ? an unfinished novel completed and published in 2011, three years after Wallace's 2008 suicide.

Theme-wise the two novels are completely different. ("The Pale King," set in Illinois in the 1980s, satirizes the Internal Revenue Service.) The similarity is found in the form and style of the first chapter. The opening paragraph of "The Pale King," in which the weeds and wild flowers in an Illinois field are described with a forensic clarity, is an unmistakable bow to the first page of "Hadji Murad," where the flowers and weeds of the Chechen mountains are evoked with the rustic lyricism that Tolstoy did so well.

Consider the opening of Tolstoy?s novel:

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/0G-n8hP7SXg/Boston-marathon-bombing-how-it-connects-Tolstoy-David-Foster-Wallace

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Moody's, S&P settle lawsuits over debt vehicle ratings

By Nate Raymond and Jonathan Stempel

NEW YORK (Reuters) - Moody's Investors Service and Standard & Poor's on Friday said they have settled two long-running lawsuits seeking to hold them responsible for misleading investors about the safety of risky debt vehicles that they had rated.

The lawsuits had accused Moody's, a unit of Moody's Corp , and S&P, a unit of McGraw-Hill Cos , of negligent misrepresentation over their activities regarding the Cheyne and Rhinebridge structured investment vehicles (SIVs).

Morgan Stanley , which marketed both SIVs and helped structure the Rhinebridge SIV, also settled.

Settlement terms were not disclosed in the cases, which had been brought in 2008 and had sought more than $700 million (452 million pounds) of damages. Both lawsuits were dismissed with prejudice, meaning they cannot be brought again.

Moody's spokesman Michael Adler, McGraw-Hill spokesman Jason Feuchtwanger and Morgan Stanley spokesman Mark Lake confirmed their companies' respective settlements.

"This settlement allows us to put the significant legal defence and related costs, as well as the distraction, of these very protracted litigations behind us," Adler said.

Feuchtwanger said McGraw-Hill's settlement involved no admission of wrongdoing.

Lawyers for the plaintiff investors did not immediately respond to several requests for comment.

A trial in the Cheyne case had been scheduled for May 6 before U.S. District Judge Shira Scheindlin in Manhattan, who oversaw both lawsuits.

Credit rating agencies have been accused by investors, regulators and politicians of inflating the ratings of risky mortgage-backed and structured securities in a bid to win new business.

Critics said these activities also fuelled demand from investors who believed the ratings were objective, but prices collapsed once the risks materialized, helping to trigger the 2008 global financial crisis.

S&P still faces the U.S. Department of Justice's $5 billion civil fraud lawsuit filed in February over its ratings, the government's first major post-crisis action against a credit rating agency. The credit rating agency is trying to dismiss that case.

FIRST AMENDMENT

In the Cheyne and Rhinebridge cases, investors accused rating agencies of collaborating with banks to ensure that SIVs received ratings as high as "triple-A," though much of the underlying collateral was low-quality or subprime mortgage debt.

The Abu Dhabi Commercial Bank, King County in Washington state, and other investors sought $638 million of damages related to losses they claimed to have suffered when the Cheyne SIV went bankrupt in August 2007. The similarly-named firm that managed the SIV did not go bankrupt.

King County and the Iowa Student Loan Liquidity Corp, meanwhile, had been seeking $70 million of damages over Rhinebridge, which had been structured by Germany's IKB Deutsche Industriebank AG and was wound down in August 2008.

IKB settled the Rhinebridge case last year, and credit rating agency Fitch Ratings, a unit of France's Fimalac SA , settled last month.

Among the defences raised by the rating agencies were that their ratings were opinions that deserved free speech protection under the First Amendment to the U.S. Constitution.

Scheindlin limited that defence in a 2009 ruling, saying that ratings on notes sold to select investors were not "matters of public concern" deserving broad free speech protection.

The government has not hit Moody's and Fitch with lawsuits similar to the case it is pursuing against S&P.

The cases are Abu Dhabi Commercial Bank et al v. Morgan Stanley & Co et al, U.S. District Court, Southern District of New York, No. 08-07508; and King County, Washington et al v. IKB Deutsche Industriebank AG et al in the same court, No. 09-08387.

(Reporting by Nate Raymond and Jonathan Stempel in New York; Editing by Gary Hill and Lisa Shumaker)

Source: http://news.yahoo.com/moodys-p-settle-lawsuits-over-debt-vehicle-ratings-002444562.html

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বুধবার, ২৪ এপ্রিল, ২০১৩

Throw & Grow Confetti Turns Celebrations Into Lush Flower Gardens

Are you worried about the eco-impact of all that tossed confetti at your upcoming nuptials? Or maybe you don't want to have to pay someone to clean it all up. Either way, just opt for Niko Niko's new Throw & Grow eco-friendly confetti. Made of a biodegradable paper-like material shaped like little blossoms, the confetti is filled with seeds that will eventually sprout into a patch of wildflowers. More »