Alternative News

Y Combinator-backed Coinbase now selling over $1M Bitcoin per month

"Coinbase launched last year and aims to be 'the PayPal of Internet-only currency.' It helps merchants and consumers by providing a Bitcoin wallet and platform to make transactions easier, but the vast majority of its revenue comes from letting users buy and sell Bitcoins directly from Coinbase. It charges a one percent fee on top of each transaction. The company claims that it has seen huge growth in the past three months, after it started letting users buy and sell Bitcoin by connecting any U.S. bank account. The decentralized currency is currently trading at $22.66 per Bitcoin on Mt. Gox, the largest Bitcoin exchange." Continue reading →

Continue ReadingY Combinator-backed Coinbase now selling over $1M Bitcoin per month

Man trampled as hundreds of desperate Greeks scuffle for food

"A fruit and vegetable handout in Greece led to one man being trampled on Wednesday, calling attention to desperate conditions. Some 55 tons of produce was given away by farmers who were protesting high production costs. The chaos was sparked when food stalls ran out of fruits and vegetables, prompting dozens of people to rush to a nearby truck. It was an 'every man for himself' situation as the Greeks shoved their way to the front of the truck, competing for the food that was left. The 55 tons of food was completely gone in under two hours. A Reuters employee at the scene was hit on the head with cauliflower heads as he attempted to photograph the situation." Continue reading →

Continue ReadingMan trampled as hundreds of desperate Greeks scuffle for food

Argentina Bans All Advertising

"Supermarkets and electronics retailers say Argentina's government has ordered them to stop advertising in the country's top newspapers, in a bid to weaken independent media companies as President Cristina Kirchner turns to increasingly unorthodox policies to prevent inflation from derailing an ailing economy. The order, confirmed by retailers and newspapers but denied by government officials, comes after retail executives say price-control czar Guillermo Moreno pressured them earlier this week to agree to freeze prices for two months. Executives say Moreno then told them to pull all newspaper sales ads in hopes this would somehow curb inflation." Continue reading →

Continue ReadingArgentina Bans All Advertising

Argentina Bans All Advertising

"Supermarkets and electronics retailers say Argentina's government has ordered them to stop advertising in the country's top newspapers, in a bid to weaken independent media companies as President Cristina Kirchner turns to increasingly unorthodox policies to prevent inflation from derailing an ailing economy. The order, confirmed by retailers and newspapers but denied by government officials, comes after retail executives say price-control czar Guillermo Moreno pressured them earlier this week to agree to freeze prices for two months. Executives say Moreno then told them to pull all newspaper sales ads in hopes this would somehow curb inflation." Continue reading →

Continue ReadingArgentina Bans All Advertising

Bereaved son billed $800 for late city ambulance that failed to save his father

"The bill for $780.85 stems from Ford’s call to DC Fire & EMS (DCFEMS) on New Year’s Eve when his father, 71-year-old Durand Ford Sr., began having problems breathing. Records show the younger Ford called 911 at 1:25 a.m. that night. But while the fire department dispatched a vehicle to his house nine minutes later, no ambulances were available. DCFEMS officials called for assistance from Prince George County, more than seven miles away, 22 minutes later. A medical unit from Prince George County arrived at Ford’s home at 1:58 a.m., by which point the elder Ford had died." Continue reading →

Continue ReadingBereaved son billed $800 for late city ambulance that failed to save his father

Bereaved son billed $800 for late city ambulance that failed to save his father

"The bill for $780.85 stems from Ford’s call to DC Fire & EMS (DCFEMS) on New Year’s Eve when his father, 71-year-old Durand Ford Sr., began having problems breathing. Records show the younger Ford called 911 at 1:25 a.m. that night. But while the fire department dispatched a vehicle to his house nine minutes later, no ambulances were available. DCFEMS officials called for assistance from Prince George County, more than seven miles away, 22 minutes later. A medical unit from Prince George County arrived at Ford’s home at 1:58 a.m., by which point the elder Ford had died." Continue reading →

Continue ReadingBereaved son billed $800 for late city ambulance that failed to save his father

UK deploys toy-sized spy drones in Afghanistan

"British troops in Afghanistan are now using 10-centimeter-long 16-gram spy helicopters to survey Taliban firing spots. The UK Defense Ministry plans to buy 160 of the drones under a contract worth more than $31 million. The remote-controlled PD-100 PRS aircraft, dubbed the Black Hornet, is produced by Norwegian designer Prox Dynamics. Each drone is equipped with a tiny tillable camera, a GPS coordinate receiver and an onboard autopilot system complete with gyros, accelerometers and pressure sensors, which keeps it stable in flight against winds as strong as 10 knots, according to reviews." Continue reading →

Continue ReadingUK deploys toy-sized spy drones in Afghanistan

How California’s Online Education Pilot Will End College As We Know It

"Today, the largest university system in the world, the California State University system, announced a pilot for $150 lower-division online courses at one of its campuses — a move that spells the end of higher education as we know it. Lower-division courses are the financial backbone of many part-time faculty and departments (especially the humanities). As someone who has taught large courses at a University of California, I can assure readers that my job could have easily been automated. Most of college–the expansive campuses and large lecture halls–will crumble into ghost towns as budget-strapped schools herd students online." Continue reading →

Continue ReadingHow California’s Online Education Pilot Will End College As We Know It

Maryland county school board to own all students’ work with copyright policy

"A county school board in Maryland has proposed a copyright policy that would allow it to take ownership of all work produced by students and faculty — even work created off campus during personal time. A Prince George’s County Board of Education proposal obtained by WTOP says that 'any works' created by students or employees 'are properties of the Board of Education even if created on the employee’s or student’s time and with the use of their materials.'" Continue reading →

Continue ReadingMaryland county school board to own all students’ work with copyright policy

Idaho lawmaker’s bill forces students to pass ‘Atlas Shrugged’ test to graduate

"The chairman of the Idaho Senate’s Education Committee says that he introduced a bill to require all students to read Ayn Rand’s 'Atlas Shrugged' because the book 'made my son a Republican.' State Sen. John Goedde (R) introduced the bill in committee on Tuesday to mandate that each student pass a test on the novel before they are able to graduate from high school, according to The Spokesman-Review." Continue reading →

Continue ReadingIdaho lawmaker’s bill forces students to pass ‘Atlas Shrugged’ test to graduate