Google CFO Patrick Pichette made an startling revelation during a conference call discussing Google’s second quarter earnings today: It “invested” $100 million defending YouTube against Viacom’s $1 billion lawsuit.
In 2007, Viacom sued Google for $1 billion in damages over 160,000 unauthorized clips uploaded to YouTube , acquired by the search company in 2006. Since then, Google and Viacom have sparred in and out of court. Google (Google) maintained that it is and was protected by the DMCA (Digital Millenium Copyright Act).
Now it is said that google had ended with $30 Billion in the Bank.
Virgin Going Green with e-Magazine ?
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Virgin and publishing company Seven Squared are planning to launch a new consumer magazine that will be available exclusively as an app for iPad, iPhone and eventually Android devices, according to AdAge.
The magazine, titled Maverick, will reportedly focus on the entrepreneurial space, highlighting “new creative, business, travel and technology ideas” to an “upscale international audience,” a la Fast Company and WIRED. Consultancy AI will oversee the magazine’s creative duties.
Maverick is tentatively scheduled to launch in October — if Holly Branson, the 28-year old daughter of Virgin’s Founder and Chairman Sir Richard Branson, can persuade enough premium advertisers to sign up by then. According to an executive “close to the matter,” response has been so positive that the title may very well be able to choose which brands it will sign for the first round of advertising contracts.
The magazine, titled Maverick, will reportedly focus on the entrepreneurial space, highlighting “new creative, business, travel and technology ideas” to an “upscale international audience,” a la Fast Company and WIRED. Consultancy AI will oversee the magazine’s creative duties.
Maverick is tentatively scheduled to launch in October — if Holly Branson, the 28-year old daughter of Virgin’s Founder and Chairman Sir Richard Branson, can persuade enough premium advertisers to sign up by then. According to an executive “close to the matter,” response has been so positive that the title may very well be able to choose which brands it will sign for the first round of advertising contracts.
Google Launches Google Fiber to Show it's effort to build High Speed Networks.
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Google has launched a new website to centralize its efforts to build an ultra high-speed fiber optic Internet network, better known as Google Fiber.
Earlier this year, Google announced its plan to build a high-speed network, delivering connection speeds 100 times faster than typical U.S. connections. The announcement produced a frenzy of interest: 600+ communities applied to become ground zero for Google’s experimental high-speed network. Topeka, Kansas even changed its name to Google, Kansas in order to win the contract.
The search giant is once again moving forward with its fiber network plans. It announced the launch of Google Fiber for Communities, a simple and straightforward homepage for the project, complete with videos, an FAQ, suggestions for how to take action, and a full list of the communities that have requested more information on Google Fiber.
Earlier this year, Google announced its plan to build a high-speed network, delivering connection speeds 100 times faster than typical U.S. connections. The announcement produced a frenzy of interest: 600+ communities applied to become ground zero for Google’s experimental high-speed network. Topeka, Kansas even changed its name to Google, Kansas in order to win the contract.
The search giant is once again moving forward with its fiber network plans. It announced the launch of Google Fiber for Communities, a simple and straightforward homepage for the project, complete with videos, an FAQ, suggestions for how to take action, and a full list of the communities that have requested more information on Google Fiber.
Concept Flying SUV, competes with DARPA
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(Credit: AVX Aircraft)
AVX Aircraft Company of Texas, in response to the same DARPA research project that has spawned the Marines' flying machine, has developed a design for a flying SUV. Called the Transformer, it is said to have the capability to drive on roads at a mere 80 mph, on rough terrain at 30 mph, and fly at around 140 mph.
It is also designed to go 250 miles on just one tank of fuel. And it takes just 60 seconds to convert it from SUV to flying SUV.
Surprise News conference on 16 July by Apple Inc related to iPhone 4 Flaws.
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Apple has called a surprise news conference on 16 July at 1800 (BST) to talk about the iPhone 4 as the clamour for the company to resolve antenna problems with the new device intensified.
The company has refused to give details about whether the event will address reception problems that some users have reported with the phone, launched just last month.
Apple has faced mounting criticism from analysts and consumers over its handling of the issue.
Industry watchers said the firm was in danger of damaging its "rock star" reputation over how poorly it had dealt with what would normally be a minor problem.
The company has refused to give details about whether the event will address reception problems that some users have reported with the phone, launched just last month.
Apple has faced mounting criticism from analysts and consumers over its handling of the issue.
Industry watchers said the firm was in danger of damaging its "rock star" reputation over how poorly it had dealt with what would normally be a minor problem.
Drinking too much tea ‘can cause bone problems’
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A new research by Medical College of Georgia has shown that black tea contains higher concentrations of fluoride than previously thought.
"The additional fluoride from drinking two to four cups of tea a day won't harm anyone; it's the very heavy tea drinkers who could get in trouble," said Dr. Gary Whitford, Regents Professor of oral biology in the School of Dentistry.
Most published reports show 1 to 5 milligrams of fluoride per litre of black tea, but a new study shows that number could be as high as 9 milligrams.
"The additional fluoride from drinking two to four cups of tea a day won't harm anyone; it's the very heavy tea drinkers who could get in trouble," said Dr. Gary Whitford, Regents Professor of oral biology in the School of Dentistry.
Most published reports show 1 to 5 milligrams of fluoride per litre of black tea, but a new study shows that number could be as high as 9 milligrams.
Cashew seed extract an effective anti-diabetic.
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A new study suggests that cashew seed extract can act as an effective anti-diabetic.
Researchers from Universities of Montreal, Canada and de Yaoundé Cameroun analysed whether cashew extracts could improve the body's response to its own insulin, reports Molecular Nutrition and Food Research.
"Of all the extracts tested, only cashew seed extract significantly stimulated blood sugar absorption by muscle cells," a release quoted study author Pierre S. Haddad as saying.
Haddad, professor of pharmacology at the University of Montreal's Faculty of Medicine, said: "Cashew seed extract contains active compounds, which can have potential anti-diabetic properties."
Researchers from Universities of Montreal, Canada and de Yaoundé Cameroun analysed whether cashew extracts could improve the body's response to its own insulin, reports Molecular Nutrition and Food Research.
"Of all the extracts tested, only cashew seed extract significantly stimulated blood sugar absorption by muscle cells," a release quoted study author Pierre S. Haddad as saying.
Haddad, professor of pharmacology at the University of Montreal's Faculty of Medicine, said: "Cashew seed extract contains active compounds, which can have potential anti-diabetic properties."
Good news for fast food addicts .
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Cant stop eating Junk Food ?? aahhaa me too. Dont think i am fat :)
Here is what i found some good news about it.Five major US food chains, including McDonald's and Burger King, have cut down on trans fats in their food.
Trans fats can elevate the risk of heart disease by increasing "bad" cholesterol and decreasing "good" cholesterol levels.
The latest findings from University of Minnesota School of Public Health suggest that major fast food chains may have been responsive to public health concerns.
Here is what i found some good news about it.Five major US food chains, including McDonald's and Burger King, have cut down on trans fats in their food.
Trans fats can elevate the risk of heart disease by increasing "bad" cholesterol and decreasing "good" cholesterol levels.
The latest findings from University of Minnesota School of Public Health suggest that major fast food chains may have been responsive to public health concerns.
Here Come the World No. 2, Saina Nehwal
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Ace Indian shuttler Saina Nehwal is just a step away from realising her goal of becoming the world's number one player as she jumped one place to a career-best second in the latest international rankings.
"I am very happy to achieve the world number two so soon in my career. The last three wins have really helped me. It is a great feeling but I feel my priority still will be to win more tournaments for India rather than focussing on ranking," Saina said.
"It will be difficult to hold on to the ranking but I hope to continue my hard work and win more titles and become the number one player soon," said the Hyderabadi shuttler, who is down with fever and cold.
"I am very happy to achieve the world number two so soon in my career. The last three wins have really helped me. It is a great feeling but I feel my priority still will be to win more tournaments for India rather than focussing on ranking," Saina said.
"It will be difficult to hold on to the ranking but I hope to continue my hard work and win more titles and become the number one player soon," said the Hyderabadi shuttler, who is down with fever and cold.
Indian criminals prefer Dubai prisons to at-home jails
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As India and UAE work out an agreement for prisoner exchange, Indians serving sentences in Dubai jails appear wary of the prospect of completing their terms in prisons at home, with some describing the detention centres in India as "hell".
Many Indian prisoners here in fact dread the prospect and are not keen to return home for the remaining period of incarceration, a media report said.
Several Indian prisoners in Dubai, who may be given a chance to serve their remaining prison terms back in India, say they are wary of going home because prisons back home are like "hell," it said.
Vinayak, a 76-year-old prisoner in jail on drug charges, told Gulf News he does not want to go to India to serve his remaining term.
Many Indian prisoners here in fact dread the prospect and are not keen to return home for the remaining period of incarceration, a media report said.
Several Indian prisoners in Dubai, who may be given a chance to serve their remaining prison terms back in India, say they are wary of going home because prisons back home are like "hell," it said.
Vinayak, a 76-year-old prisoner in jail on drug charges, told Gulf News he does not want to go to India to serve his remaining term.
Iranian scientist received $ 5 million from the CIA : Reports
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Washington: An Iranian nuclear scientist, who claimed that he was abducted by US spies last year, was paid $ 5 million by CIA to provide intelligence on Tehran's nuclear programme, but may not be able to use the money in his country, a media report said on Thursday.
However, Shahram Amiri, who returned home to a hero's welcome, would find it hard to access the money as he has gone back to Iran which is under UN sanctions, an unnamed official was quoted as saying by 'The Washington Post'.
"Shahram Amiri is not obligated to return the money but might be unable to access it after breaking off what US officials described as significant cooperation with the CIA and abruptly returning to Iran," the report said.
Citing officials, it said he might have left out of concern that the Iranian government would harm his family.
However, Shahram Amiri, who returned home to a hero's welcome, would find it hard to access the money as he has gone back to Iran which is under UN sanctions, an unnamed official was quoted as saying by 'The Washington Post'.
"Shahram Amiri is not obligated to return the money but might be unable to access it after breaking off what US officials described as significant cooperation with the CIA and abruptly returning to Iran," the report said.
Citing officials, it said he might have left out of concern that the Iranian government would harm his family.
Check it out! Here is the Symbol for the Indian Currency designed by IITian.
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The Union Cabinet on Thursday approved the design, which includes both the Devnagiri 'Ra' and the Roman capital 'R' and has two parallel lines running at the top. The parallel lines symbolise the equal to sign.
"With this India will join an elite group of countries which have a distinct currency symbol. It denotes the robustness of Indian economy. I will now hold up the design that was finally selected. This was sent in by Udaya Kumar," said Minister for Information and Broadcasting Ambika Soni in New Delhi.
UK researchers will study the use of Human stem cell for cure of parkinson disease.
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(BBC) -A Oxford University team will use adult stem cells, which have the ability to become any cell in the human body - to examine the neurological condition.
Skin cells will be used to grow the brain neurons that die in Parkinson's, a conference will hear.
The research will not involve the destruction of human embryos.
Induced pluripotent stem (IPS) cells were developed in 2007.
At the time, scientists said it had the potential to offer many of the advantages of embryonic stem cells without any of the ethical downsides.
Skin cells will be used to grow the brain neurons that die in Parkinson's, a conference will hear.
The research will not involve the destruction of human embryos.
Induced pluripotent stem (IPS) cells were developed in 2007.
At the time, scientists said it had the potential to offer many of the advantages of embryonic stem cells without any of the ethical downsides.
US government charges Bradley Manning for leaking Classified Info to Wikileaks
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The US said he was suspected of downloading from SIPR Net.
He reportedly then passed on the data, including army videos and diplomatic messages, to the WikiLeaks website.
WikiLeaks has repeatedly said it does not have the confidential messages and the site itself is not mentioned in the charges against Private First Class (Pfc) Manning.
Indian Prodigy is youngest professor at IIT-B
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IIT Bombay sent his appointment letter sent on June 30 in which IIT Bombay Director Professor Devang V Khakar informed Tulsi that the institute's Board of Governors had offered him assistant professorship on contract at the Department of Physics.
He had finished high school at the age of nine, earned his BSc degree at 10, and MSc degree at 12 and then received his Doctorate in Quantum Computing from the Indian Institute of Science at the age of 21.
The Bihar boy has already turned down an offer from Waterloo University in Canada despite a lucrative pay package.
New insulin form may keep sugar low in diabetics for 3 months .
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Indian scientists having discovered a novel form of the hormone that can keep blood glucose levels down for upto three months.
A team of scientists of the National Immunology Institute of India, led by Mr Avdesh Surolia, has developed a fresh approach to insulin injection wherein 'Supramolecular Insulin Assembly-II (SIA-II)', a form of the hormone, is used for a sustained treatment of diabetes mellitus type-I.
The studies constitute the first work of its kind where a single administration of SIA-II to animal models of diabetes, such as rats, has been experimentally demonstrated to lower blood glucose levels to normal values for as many as for 120 days.
SIA-II, which is in the form of a prodrug, when injected releases just above basal levels of insulin into the blood in a sustained manner, Mr Surolia said.
A team of scientists of the National Immunology Institute of India, led by Mr Avdesh Surolia, has developed a fresh approach to insulin injection wherein 'Supramolecular Insulin Assembly-II (SIA-II)', a form of the hormone, is used for a sustained treatment of diabetes mellitus type-I.
The studies constitute the first work of its kind where a single administration of SIA-II to animal models of diabetes, such as rats, has been experimentally demonstrated to lower blood glucose levels to normal values for as many as for 120 days.
SIA-II, which is in the form of a prodrug, when injected releases just above basal levels of insulin into the blood in a sustained manner, Mr Surolia said.
Kickstarter will help Android Phone to take off to Space.
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Danny Pier, a 25 year-old self-proclaimed computer nerd who turned to Kickstarter to raise funds to get an Android smartphone into space. The project is named as 'Astdroid'
Upto now over $2,000 have been pledged to help send the first Android phone to space.
Pier believes that he can outfit a weather ballon with an HTC Evo, and use its camera, transmitter, computing power and GPS technology to track the phone’s journey into space.
Facbook hits with new Traffic Record.
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Year-over-year, Facebook’s traffic has nearly doubled, from 77 million unique U.S. visitors in June 2009. As a result, as you can see in the chart above, Facebook has blown past its social networking competition –- most notably MySpace and Twitter, both of which have shown little growth in the past year according to comScore.
British milkman masters Gujarati, Bengali for work.
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London: It's business as unusual for a British milkman - the 69-year-old has become fluent in at least two Indian languages: Gujarati and Bengali, as many of his customers can't speak English.
John "Jimmy" Mather first delivered milk in 1960 and soon made friends with the few immigrants on his round from India and Bangladesh. And, as more Asian families settled in with very little or no English, this British milkman started learning their language and mastered spoken Gujarati and Bengali, the Daily Express reported.
"When I began in 1960 there used to be a handful of Asian families in the region. I can still remember the first few people I served. They were good, decent folk but obviously their English wasn't good. So I picked it up myself and it made things a whole lot easier," he was quoted as saying.
John "Jimmy" Mather first delivered milk in 1960 and soon made friends with the few immigrants on his round from India and Bangladesh. And, as more Asian families settled in with very little or no English, this British milkman started learning their language and mastered spoken Gujarati and Bengali, the Daily Express reported.
"When I began in 1960 there used to be a handful of Asian families in the region. I can still remember the first few people I served. They were good, decent folk but obviously their English wasn't good. So I picked it up myself and it made things a whole lot easier," he was quoted as saying.
Paul D Ceglia claims 84% stakes in facebook .
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New York: A judge in New York has issued a temporary restraining order on the transfer of Facebook Inc.'s assets, after a suit by a New York man who claims to own an 84 per cent stake in the social-networking company, a media report said on Tuesday.
Paul D Ceglia filed a suit in the Supreme Court of New York's Allegany County ON June 30, claiming that a 2003 contract he signed with Facebook founder and Chief Executive Mark Zuckerberg entitles him to ownership of the company and monetary damages, Wall Street Journal reported on its website.
Judge Thomas Brown, who issued the temporary restraining order earlier this month, is hearing the suit. Facebook has requested that the case be moved to federal court.
Paul D Ceglia filed a suit in the Supreme Court of New York's Allegany County ON June 30, claiming that a 2003 contract he signed with Facebook founder and Chief Executive Mark Zuckerberg entitles him to ownership of the company and monetary damages, Wall Street Journal reported on its website.
Judge Thomas Brown, who issued the temporary restraining order earlier this month, is hearing the suit. Facebook has requested that the case be moved to federal court.
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