"Today, Jeff Bezos shocked the world by acquiring the Washington Post for $250 million. It's just the latest twist from Bezos, one of the world's richest men thanks to his founding of ecommerce giant Amazon. If you're unfamiliar with Bezos' story, we've put together an abridged version here." Continue reading →
"The reality: Amazon to buy Washington Post fresh after $800M deal to host CIA servers — WikiLeaks (@wikileaks) August 5, 2013. The CIA has reportedly signed a massive cloud computing deal with Amazon, worth up to $600 million over the next 10 years. FCW reports that its sources have told it Amazon will build a private cloud infrastructure for the CIA, to help it 'keep up with emerging technologies like big data in a cost-effective manner not possible under the CIA's previous cloud efforts.' [..] Perhaps the single biggest item on Amazon’s legislative agenda is a bill that would empower all states to collect sales tax from online retailers." Continue reading →
"Today, the SWAT team is largely sold to the American public by way of the media, through reality TV shows such as Cops, Armed and Famous, and Police Women of Broward County, and by politicians well-versed in promising greater security in exchange for the government being given greater freedom to operate as it sees fit outside the framework of the Constitution. Having watered down the Fourth Amendment’s strong prohibitions intended to keep police in check and functioning as peacekeepers, we now find ourselves in the unenviable position of having militarized standing armies enforcing the law." Continue reading →
"Success stories can be rare in Pakistan, but business is booming in one Kashmir tourist spot as the region rebuilds after a devastating earthquake and shrugs off associations with violence. Hundreds of thousands of Pakistani tourists drawn to the lakes and glaciers of the Neelum valley are injecting desperately needed money into one of the poorest parts of the country. With a new road built by the Chinese after the 2005 earthquake killed 73,000 people and a ceasefire holding with India, Pakistanis are discovering the snow-capped peaks, glaciers, lakes and lush-green meadows of the Neelum valley." Continue reading →
"A charismatic Muslim preacher criticised for giving out babies to childless couples live on prime-time Pakistani television denies he is crudely seeking top ratings. Aamir Liaqat Hussain spoke to AFP as a charity involved in the process said a third baby is due to be given away in the coming days. Hussain broadcasts a marathon 12-hour show each day during the holy month of Ramadan, watched by millions of viewers across the country. He mesmerises his audience with celebrity interviews, game shows, by providing in-studio meals to the needy — and, on two consecutive weeks, handing out baby girls to childless couples." Continue reading →
"Perhaps the folks at hedge fund SAP Capital Advisors, who have recently pleaded guilty to insider-trading charges, should have run for Congress. Last week, the Securities and Exchange Commission served the firm with a criminal indictment and continues pressing civil charges against its founder Steven Cohen. The agency hasn’t done much about accounting fraud, or other shenanigans that lead to the 2008 financial crisis, but insider trading remains a priority. Over the past three years, the SEC boasts of filing 168 insider trading cases, more than any three-year period in the agency’s history." Continue reading →
"MIT students David Lawrence and Eric Van Albert showed how 3D printing could allow anyone to replicate a Schlage key for their high-security Primus locks used in Government offices, medical and detention centres. The Primus lock and key system are tightly controlled by Schlage and bear the words 'Do not duplicate' across the top. They are considered to be one of the hardest locks to pick in the world. With the use of a normal 2D scanner, their code – the software deciphers the code on each key - and the use of a 3D printing service like Shapeways the pair have managed to duplicate working Primus lock keys." Continue reading →
"Ordering a phone to your own specs takes four days in most cases, but that time frame can shift by a day or two if, say, everyone wants an olive-green phone with orange accents. Making this type of customization a reality is a smartphone assembly plant in Fort Worth, the only one of its kind in the U.S. Motorola purchased the facility (it had once been a Nokia (NOK) plant) and employs around 2,000 people there to put together phones based on specs coming out of Motomaker, as well as standard-issue devices in black or white. Motorola says it doesn’t know how much of the production will be taken up by custom orders." Continue reading →
"A Tennessee musician on Friday became the first paddleboarder to cross the Florida Straits between Cuba and the United States, making the 110 mile journey in 28 hours as his father watched from a support boat. Ben Friberg, 35, arrived in Key West dehydrated and exhausted but otherwise in good shape. Before leaving Cuba on Thursday, Friberg said he was 'doing this to promote peace and understanding between Cuba and the United States and to promote a healthy lifestyle.'" Continue reading →
"In the Berlin city everyone is going crazy for a viral new app. Anyone with a smartphone can play a sort of Super Mario Bros arcade game in Augmented Reality. In the game a coin corresponds to 0.01 Bitcoins. Citizens' habits are tainted by the game. Coins are hidden all over the city, you can spot them just scanning around with your device, not always they are easy to grab. People started to leave their jobs in order to collect Coins in the streets. All over the city people are jumping and running around with their smartphones, trying to grab as many virtual coins as they can..." Continue reading →