Friday, May 11, 2007

Internet TV came one step closer to reality as startup web broadcaster Joost recently announced that it signed a deal with Warner Brothers to host some of its WBTV-branded content. This deal, along with content deals with other television providers, lately Time Warner and Sony Pictures Television, makes Joost (pronounced “juiced”) the sweetheart aggregator and provider in the coming on-demand, freely distributed online TV broadcasts.

Joost bills itself as an online community where viewers, “can watch what you want, when you want, in full-screen eye-quality proper TV.” The service currently provides about 150 channels, although the availability of some channels varies by country or region due to copyright restrictions. Viewers can navigate screen menus to make programming choices, and then use “widgets” from drop-down menus that allow users to interact with the programming.

“Widgets include a clock, integration of instant messaging, RSS/News feeds and a chat room for the particular channel being viewed on the screen. Users have the ability to opt out of the widgets during viewing or can easily access them from the mouse-activated menus,” according to John P. Gamboa of the Dailey Aztec.

The development efforts at Joost are backed by technology-savvy web entrepreneurs Niklas Zennström and Janus Friis. The two used Internet peer-to-peer networking to create Kazaa, and then later Skype. The cutting-edge music file sharing and telephony implementations of these two applications, some say bleeding edge, appear to have had an affect on the approach being used now by the two at Joost along with co-developers. The copyright infringement-plagued Kazaa was sold to Sharman Networks in 2002. Skype was sold to eBay in October 2005 for $2.6 billion. In July last year, Kazaa settled with music record labels by making a $100 million payment as reparations for illegal file sharing activities employed by users of the application that enabled the distribution of copyright-infringed music files.

Kazaa became a copyright bust. Skype became a jaw-dropping hit, and a hit in the jaw of telcom carriers whose management of voice transmission became undermined by the sub-set of Internet users with broadband connectivity and peer-to-peer web awareness. The evolution is distinctively one-way. Online broadband peer-to-peer connectivity is here to stay after a nasty birth.

“People are looking for increased choice and flexibility in their TV experience, while the entertainment industry needs to retain control over their content,” said Joost chief executive officer Fredrik de Wahl. “We’ve married that consumer desire with the industry’s interests.”

The “marriage” of TV content to “consumer desire” is the hot-spot that media conglomerates are still seemingly trying to figure out as they dispense their less valuable content for Internet consumption. Joost has managed to secure some rights to webcast programming, but the content is not the highest quality broadcasted TV programming currently available through established subscription cable and satellite distribution channels, or even free airwave TV.

Underlying the concept of Internet TV is the distribution of content in a way that is more efficient than the existing model. Peer-to-peer networking over the Internet makes programming available when a user asks for it. The ‘on-demand’ feature of this approach frees up space in the distribution pipeline and provides feedback to the aggregator to know exactly what is in demand. It gives a middle-man the leverage to negotiate with media conglomerates and then manage a pipeline flooded with unviewed content, thereby conserving bandwidth. It also lets viewers opt for free online TV programming through content arrangements made by the web broadcaster, who acts as a gateway to the programs. However, it is not an advertising-free service.

The Joost hoopla is partly spurred on by its expansionist decision on May 1 to allow users of the Beta version to distribute 99 invitations to other people who could become Beta users.

Thursday, July 3, 2014

Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.

Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).

Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.

In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”

An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.

Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.

Wednesday, May 6, 2009

Afghan officials warned that a United States raid had killed 100 people, “mostly civilians”, in the Afghani province of Farah. Among the dead was a member of the International Committee of the Red Cross (ICRC) and his family.

“Twenty-five to 30 of them are Taliban, including from Chechnya and Pakistan, and the rest are civilians including children, women and elderly people,” said police official Abdul Rauf Ahmadi.

The governor of the province, Rohul Amin, said that he thought that as many as 100 civilians were killed in the raid.

A spokeswoman for the ICRC said the organization sent help to the region after being contacted by village elders. “When [our team] went to the first two villages where these incidents took place they saw dozens of bodies. They saw graves and they saw people being buried.” ICRC officials also claim that they saw women and children among the dead.

The U.S government has said it is conducting a joint inquiry into the incident. State department spokesman Robert Wood, said in a statement: “Coalition forces and the Afghan government have received reports of civilian casualties in conjunction with a militant attack on Afghan National Security Forces in Farah Province on May 5.”

Deputy provincial governor Mohammad Younus Rasouli said that villagers brought the bodies of 20 dead children to his office in the capital city of Farah as proof that the raid killed civilians.

Approximately 2,000 civilians were killed in fighting against the Taliban in 2008, the United Nations says.

Tuesday, May 10, 2005

A new $35m Holocaust memorial in Germany officially called the Memorial to the Murdered Jews of Europe was dedicated during a ceremony Tuesday. The memorial commemorates the suffering the millions of European Jews who were held in concentration camps by the Nazi regime. The dedication comes just a day after the 60th anniversary of the Allied Victory in World War II.

U.S. architect Peter Eisenman designed the new memorial, which is contained in one block square very close to the parliament and the new US embassy in the heart of Berlin, Germany. The memorial consists of over 2,700 gray concrete blocks representing the helplessness of the Holocaust victims. The blocks are covered with an anti-graffiti substance which was made by the same company that produced the Zyklon B poison used in the genocide. They are all of different shapes and sizes, and are set on a sloping hillside, designed to produce an uneasy, confusing atmosphere.

The memorial has met with criticism. Many have pointed out that the memorial is only for the Jews who died, and does not represent the millions of gypsies, homosexuals and mentally-handicapped people who were also murdered. It has also been said that while the memorial commerates those who died, it does not ask any questions about why the atrocity happened. However, there are plans for memorials commemorating other victims of the Nazi regime. Under the abstract memorial there is a place which informs visitors about Holocaust.

The ceremony, which Chancellor Gerhard Schröder attended, included prayer led by a Jewish rabbi and speeches reflecting on the Holocaust given by a survivor and leaders of the Jewish community in Germany.

Monday, August 27, 2012

London, England — As Paralympians ready for the Games which are set to open later this week, they have access to a world class fitness center inside the Paralympic Village which is designed to maximise their pre-Game preparations.

According to volunteers staffing the center, instead of being a single large room, as in Beijing, the building has numerous rooms. It, along with the adjacent Village Services Centre, is designed to be converted into a school after the games conclude. Rooms have been structured as a gym, an auditorium, and science laboratories.

Gym equipment is supplied by Technogym, an Italian firm that has supplied gym equipment for the Olympics since 2000. Equipment has been provided not just for for the Fitness Centre, but for gyms at all the Olympic venues. The newest equipment is oriented toward maximum flexibility, allowing athletes to exercise the particular muscles that they most require for their sport.

In addition to the equipment, the Fitness Centre also provides instructors trained in the use of the equipment, the likes of which athletes from many countries have never seen before. There are also a number of instructors available to provide motivational training.

Monday, May 14, 2007

Buffalo, New York —A massive warehouse complex of at least 5 buildings caught on fire in Buffalo, New York on 111 Tonawanda Street, sending a plume of thick, jet black colored smoke into the air that could be seen as far away as 40 miles.

As of 6:40 a.m., the fire was under control, and firefighters were attempting to stop it from spreading, but could not get to the center of the fire because of severe amounts of debris. Later in the morning, the fire was extinguished.

“The fire is mostly under debris at this point. It’s under control, but it’s under some debris. We really can’t get to it. We’re just going to have to keep on pouring water on it so it doesn’t spread,” said Thomas Ashe, the fire chief for the North Buffalo based fire division who also added that at one point, at least 125 firefighters were on the scene battling the blaze. One suffered minor injures and was able to take himself to the hospital to seek medical attention.

Shortly after 8:00 p.m. as many as 3 explosions rocked the warehouse sending large mushroom clouds of thick black smoke into the air. After the third explosion, heat could be felt more than 100 feet away. The fire started in the front, one story building then quickly spread to three others, but fire fighters managed to stop the flames from spreading onto the 3 story building all the way at the back.

According to a Buffalo Police officer, who wished not to be named, the fire began at about 7:00 p.m. [Eastern time], starting as a one alarm fire. By 8:00 p.m., three fire companies were on the scene battling the blaze. Police also say that a smaller fire was reported in the same building on Saturday night, which caused little damage.

At the start of the fire, traffic was backed up nearly 4 miles on the 198 expressway going west toward the 190 Interstate and police had to shut down the Tonawanda street exit because the road is too close to the fire.

At one point, traffic on the 198 was moving so slow, at least a dozen people were seen getting out of their cars and walking down the expressway to watch the fire. That prompted as many as 10 police cars to be dispatched to the scene to force individuals back into their cars and close off one of the 2 lanes on the westbound side.

One woman, who wished not to be named as she is close to the owner of the warehouse, said the building is filled with “classic cars, forklifts, and money” and that owner “does not have insurance” coverage on the property. The building is not considered abandoned, but firefighters said that it is vacant.

Officials in Fort Erie, Ontario were also swamped with calls to fire departments when the wind blew the smoke over the Niagra River and into Canada.

It is not known what caused the fire, but a car is suspected to have caught on fire and there are reports from police and hazmat crews, that there were also large barrels of diesel fuel being stored in one building. Firefighters say the cause of the blaze is being treated as “suspicious.” The ATF is investigating the fire and will bring dogs in to search the debris.