Monday, August 5, 2013

AP source: A-Rod can play during suspension appeal

NEW YORK (AP) ? Alex Rodriguez will be suspended Monday, likely through the 2014 season, as part of Major League Baseball's latest drug investigation but can play while he appeals, a person familiar with the decision told The Associated Press.

Major League Baseball informed the New York Yankees on Sunday that A-Rod will be suspended for his links to a clinic accused of distributing banned performance-enhancing drugs, the person said, speaking on condition of anonymity because no statement was authorized.

The Yankees weren't told the exact length of the suspension, though they were under the impression it will be through the 2014 season, the person said. The Yankees star could get a shorter penalty if he agrees to give up the right to file a grievance and force the case before an arbitrator, the person added.

A suspension from Monday through 2014 would add to 214 games, and an unsuccessful appeal could stretch serving the penalty into 2015. In the era before players and owners agreed to a drug plan in late 2002, arbitrators often shortened drug suspensions ? in the case of Yankees pitcher Steve Howe, his penalty was cut from a lifetime ban to 119 days.

MLB planned an announcement for noon EDT Monday, a second person familiar with the deliberations said, also on condition of anonymity.

Rodriguez is the most famous player linked to the now-closed Biogenesis of America anti-aging clinic in Florida, and the Yankees expect him to be charged with interfering with MLB's investigation, resulting in a harsher penalty than the other 13 players facing discipline.

Barring an agreement, Rodriguez's appeal would be heard by arbitrator Fredric Horowitz.

Adding to the drama: The 38-year-old Rodriguez, a three-time AL MVP, was due to return to the major leagues Monday night when the Yankees play at Chicago White Sox, his first big league appearance since hip surgery in January.

"He's in there, and I'm going to play him," Yankees manager Joe Girardi said Sunday after New York's 6-3 loss at San Diego.

Yankees outfielder Curtis Granderson was excited A-Rod could play during an appeal.

"I want him back with us. This is arguably one of the best hitters of all-time," he said. "Having him in the lineup is obviously going to be very positive for us."

New York is a season-high 9? games out of first place in the AL East and 4? out in the race for the second wild-card spot.

"We're going to be happy to see him back in the lineup, especially the way we've been playing," second baseman Robinson Cano said. "He can come up and help us win some games."

All-Stars Nelson Cruz of Texas, Jhonny Peralta of Detroit and Everth Cabrera of San Diego were among those who could get 50-game suspensions from the probe, sparked in January when Miami New Times published documents linking many players to the closed clinic in Coral Gables, Fla.

Many players were expected to agree to penalties and start serving them immediately, but an appeal by a first-offender under the drug agreement would postpone his suspension until after a decision by an arbitrator.

Milwaukee outfielder Ryan Braun, the 2011 NL MVP, agreed July 22 to a 65-game ban through the rest of the 2013 season for his role with Biogenesis. Braun was given a 50-game suspension for elevated testosterone that was overturned last year by arbitrator Shyam Das because of issues with the handing of the urine sample,

Since spring training, the union has said it will consider stiffer penalties starting in 2014.

"The home runs that are hit because a guy's on performance-enhancing substances, those ruin somebody's ERA, which ruins their arbitration case, which ruins their salary," Los Angeles Angels pitcher C.J. Wilson said. "So it's a whole domino effect."

Rodriguez's return from hip surgery was slowed by a quadriceps injury. He completed his second minor league injury rehabilitation assignment on Saturday night, a two-day stay at Double-A Trenton. Rodriguez walked in all four plate appearances, a day after hitting a two-run homer.

Following Friday night's game, Rodriguez all but said he thought MLB and the Yankees were conspiring to keep him from getting back to the big leagues.

"There is more than one party that benefits from me not ever stepping back on the field. And that's not my teammates and it's not the Yankee fans," said, adding: "When all this stuff is going on in the background and people are finding creative ways to cancel your contract and stuff like that, I think that's concerning for me."

He last played in October, going 3 for 25 (.120) with no RBIs in the playoffs. Rodriguez is owed $8,568,306 of his $28 million salary from Monday through the rest of the season and $86 million for the final four years of his contract with the Yankees. Girardi didn't think A-Rod's arrival would create more turmoil than the Yankees already are used to.

"I don't suspect it'll be awkward. Most of these guys know him as a teammate and have laughed a lot with Alex and been around Alex a lot," he said. "I think it'll be business as usual. I'm sure there will be more media there, obviously, tomorrow, but I think that's probably more for Alex to deal with than the rest of the guys. I don't think it'll be a big deal."

Lawyers involved in the drug cases have been trying to reach agreements that would avoid grievances. Deal or no deal, baseball Commissioner Bud Selig was prepared to announce discipline.

Peralta didn't think the possibility of a suspension made it harder to focus on the field.

"Nothing to worry about," he said. "Play the game how I play every day, and try to enjoy every day."

Asked what action he would take if penalized, Cruz said: "I haven't decided what I'm going to do."

There have been 43 suspensions under the major league drug agreement since testing with penalties for first offenses started in 2005. The longest penalty served has been a 100-game suspension by San Francisco pitcher Guillermo Mota for a positive test for Clenbuterol, his second drug offense.

In addition, Tampa Bay outfielder Manny Ramirez retired two years ago rather than face a 100-game suspension. When he decided to return for 2012 the penalty was cut to 50 games because he already had sat out almost an entire season.

Colorado catcher Eliezer Alfonzo was suspended for 100 games in September 2011, but the penalty was rescinded the following May because of handling issues similar to the ones involving Braun's urine sample.

___

AP Sports Writers Noah Trister in Detroit and Bernie Wilson in San Diego, and AP freelance writer Rick Eymer in Oakland, Calif., contributed to this report.

Source: http://news.yahoo.com/ap-source-rod-play-during-suspension-appeal-232919073.html

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Judge Rules Against Apple in Price-Fixing Trial

Weekly News Digest

July 11, 2013 ? In addition to this week's NewsBreak(s), the editors have compiled the Weekly News Digest, featuring stories from the week just past that you should know about. Watch for additional coverage to appear in the next print issue of Information Today.

CLICK HERE to view all of this week's Weekly News Digest items.


Judge Rules Against Apple in Price-Fixing Trial

The ebook price-fixing trial that began on June 3 and ended 17 days later has finally come to a close with the release of Judge Denise Cote?s ruling on July 10. And the news isn't good for Apple.

In her decision, which includes a 159-page summary of the case, she writes:

Based on the trial record ? this Court finds by a preponderance of the evidence that Apple conspired to restrain trade in violation of Section 1 of the Sherman Act and relevant state statutes to the extent those laws are congruent with Section 1.

The U.S. Department of Justice released a statement announcing the verdict: ?This result is a victory for millions of consumers who choose to read books electronically. ? Through today?s court decision and previous settlements with five major publishers, consumers are again benefitting from retail price competition and paying less for their e-books,? writes Bill Baer, assistant attorney general. ?Companies cannot ignore the antitrust laws when they believe it is in their economic self-interest to do so. This decision by the court is a critical step in undoing the harm caused by Apple?s illegal actions.?

The court will soon schedule a hearing to discuss ?the parties? proposed remedies.? Baer notes that the Department of Justice?s Antitrust Division will continue to uphold its stance on the importance of competition in the publishing and other industries.

Source: U.S. Department of Justice



Send correspondence concerning the Weekly News Digest to NewsBreaks Editor-in-Chief Barbara Brynko

Source: http://newsbreaks.infotoday.com/NewsBreaks/Judge-Rules-Against-Apple-in-PriceFixing-Trial-90748.asp

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Sunday, August 4, 2013

Windows Azure SDK for .NET - 2.1

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Twitter boss Tony Wang says abuse of women on social network is 'not acceptable'

The boss of Twitter UK has apologised to women who have been attacked on the social networking site, saying such abuse was ?simply not acceptable?.

After a week of mounting criticism of the social media company's failure to react swiftly to the levels of online abuse, Tony Wang, Twitter UK's general manager, apologised in a series of tweets issued from his personal account, saying that abuse was "not acceptable in the real world" and "not acceptable on Twitter".

But campaigners said the apology, which had taken the company a week to issue, had come too late.

Police are currently investigating eight allegations of abuse, including rape and bomb threats, made against female journalists and campaigners. Two people have since been arrested in connection to rape threats against the journalist Caroline Criado-Perez and the Labour MP Stella Creasy.

Ms Criado-Perez, 29, began receiving the threats after leading a campaign to have Jane Austen on the new ?10 note.

The revelations sparked a backlash online, with a petition calling for Twitter to add a "report abuse" button to tweets attracting more than 125,000 signatures so far.

Mr Wang tweeted: "I personally apologise to the women who have experienced abuse on Twitter and for what they have gone through.

"The abuse they've received is simply not acceptable. It's not acceptable in the real world, and it's not acceptable on Twitter."

Mr Wang also promised the company would do more to combat abusive behaviour, with additional staff being brought in to handle abuse reports.

In a message posted on the Twitter blog, he and the company's senior director for trust and safety, Del Harvey, said the company had clarified its anti-harassment policy to emphasise that Twitter will not tolerate abusive behaviour, and that the "in-tweet" report button, which is already available on Twitter's iPhone app, will be available to all users from next month, allowing them to report abusive behaviour directly from a tweet.

However, the reaction to Mr Wang's apology was mixed. Ms Criado-Perez said: "While I'm pleased they're listening, it's taken Twitter a week to come up with this.

"Right now all the emphasis is on the victim, often under intense pressure, to report rather than for Twitter to track down the perpetrator and stop them," she added.

Stella Creasy, Labour MP for Walthamstow, agreed that while the new abuse button could potentially "be a welcome development", it was not an adequate response to the "cyber-stalking" she and other women have experienced.

"We have a protocol that deals with offline violence or harassment [but] we need to find ways to make this work online, where people are living now," she said."

Others took to Twitter to complain about the length of time it took the company to issue an apology. One tweeted: "Nice of [Tony Wang] to surface after a few days with the lawyers and the PR heads." Another said: "The apology to women in the UK by [Mr Wang] is too little too late. The abuse should never have been possible. This is spin."

Meanwhile, many users pointed out that other groups besides women are affected. Anti-Semitism, for example, is rife on Twitter.

Source: http://rss.feedsportal.com/c/266/f/3802/s/2f85bbf5/sc/21/l/0L0Sindependent0O0Cnews0Cuk0Ccrime0Ctwitter0Eboss0Etony0Ewang0Esays0Eabuse0Eof0Ewomen0Eon0Esocial0Enetwork0Eis0Enot0Eacceptable0E87446740Bhtml/story01.htm

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Saturday, August 3, 2013

Look for Shares of iShares MSCI Mexico Investable Market Index Fund to Potentially Pullback after Yesterday's 2.16% Rise

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Source: mysmartrend.com --- Friday, August 02, 2013
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Source: http://feedproxy.google.com/~r/ComtexSmartrendNewsBriefs/~3/dquGXkKf89s/look-shares-ishares-msci-mexico-investable-market-index-fund-potentially-pul-1

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OUYA offers $13.37 store credit as mea culpa to Kickstarter supporters

OUYA offers $1337 store credit as mea culpa to Kickstarter supporters

If you were a die-hard Kickstarter supporter of OUYA, you might have had your feelings hurt to know the Android console was actually available for retail before you got yours in the mail. It looks like OUYA founder and CEO Julie Uhrman is certainly aware of that (along with a few other teething problems) as she has just sent out an email with the above image, offering all Kickstarter supporters a $13.37 credit to its Discover store. While that may not solve all of OUYA's issues, at least early adopters will feel better about it after a hearty round of You Don't Know Jack.

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Source: http://www.engadget.com/2013/08/02/ouya-store-credit-kickstarter-supporters/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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Friday, August 2, 2013

DOJ demands Apple terminate publisher deals and rival e-bookstore restrictions (updated)

In a decisive move in the legal battle surrounding Apple's fishy e-book pricing practices, the US Department of Justice has issued a proposed remedy aimed at leveling the playing field. The terms of the proposal, which requires approval by the court, call for an end to Apple's deals with major publishing houses, as well as allowing rival e-book apps, like Amazon's, to link to their own online bookstores. The announcement is hardly surprising, considering that it comes just a few weeks after US District Judge Denise Cote ruled that Apple had conspired to bump up the retail prices of e-books. In the official brief, Assistant Attorney General Bill Baer said, "Under the department's proposed order, Apple's illegal conduct will cease and Apple and its senior executives will be prevented from conspiring to thwart competition in the future." You can read the release in full after the break.

Update: Apple has formally responded to the Department of Justice's proposal and predictably, the company isn't happy. In a filing with the United States District Court, Apple said, "Plaintiffs' proposed injunction is a draconian and punitive intrusion into Apple's business, wildly out of proportion to any adjudicated wrongdoing or potential harm." Apple also disputed the DOJ's assertion that its plan is intended to foster healthy competition, arguing that the "overreaching proposal would establish a vague new compliance regime -- applicable only to Apple -- with intrusive oversight lasting for ten years, going far beyond the legal issues in this case, injuring competition and consumers, and violating basic principles of fairness and due process." While the tides seem to be turning against Apple as the case moves forward, Cupertino is evidently not going down without a fight.

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Global Showbiz Briefs: GAP2000 Sets ?Retardation?; ?Captain Phillips? To Open 57th BFI London Film Fest

Gap2000 Partners With Vladar On ?Retardation?
Former recruitment exec Premila Puri Makh was born in Mumbai, grew up in the Netherlands and now lives in London, which she uses as a production base for a burgeoning slate of feature projects from her GAP2000 Films and Ariana Entertainment companies. Via GAP2000, which Premila built with her brother, writer-director Sameer Puri, she?s producing Retardation, a psychological suspense thriller about a man who wakes up with no memory and has to figure out where he comes from. GAP2000 has just partnered with NY-based The Vladar Company (Head Smash) to develop the project which they will shoot in India ? and in English ? in February 2014. Sameer Puri wrote the script and will direct. Partners are circling including a major U.S. sales company. The movie is being cast with well-known Indian actors from the indie scene and Premila has locked New York City rock band Deadbeat Darling for music. GAP is focusing on Indian films that will decidedly stray from the western vision of Bollywood cinema. ?They?re stories that appeal from Puerto Rico to Bangkok,? Premila tells Deadline. Next is a fantasy romance The White Room (working title) also to be shot in India. On the Ariana slate are a series of non-Indian projects across varied genres. In development is The Oliviers Down Under, a script by Lyndsy Spence about Laurence Olivier and Vivien Leigh during a period they spent in Australia. The movie will be a UK-Oz co-production. The other project is Billion Dollar Raja, based on the true story of the investigation and arrest of Galleon Group founder Raj Rajaratnam. Premila?s collaborating with LA-based 108 Productions on the movie to be directed by Nayan Padrai, and she?s also exec producing the documentary Beyond Bollywood.

Tom Hanks-Starrer ?Captain Phillips? To Open BFI London Film Fest
Sony?s Captain Phillips, starring Tom Hanks and directed by Paul Greengrass, will be the opening night film at the 57th BFI London Film Festival held October 9-20. The fest made the announcement today. Greengrass and Hanks are both expected to attend the London festival. Hanks stars as Captain Richard Phillips, commanding officer of the US container ship Maersk Alabama which is hijacked by Somali pirates, based on the real life 2009 incident. The awards hopeful is written by Billy Ray from Richard Phillips and Stephan Talty?s book A Captain?s Duty: Somali Pirates, Navy SEALs, and Dangerous Days at Sea and produced by Scott Rudin, Dana Brunetti, and Michael De Luca.

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Source: http://www.deadline.com/2013/08/global-showbiz-briefs-gap2000-sets-retardation-captain-phillips-to-open-57th-bfi-london-film-fest/

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For nuns and analysts alike, bank commodity earnings are a mystery

By Cezary Podkul

NEW YORK, Aug 1 (Reuters) - When the Reverend Seamus Finn got an email from Goldman Sachs (NYSE: GS-PB - news) last week, the giant Wall Street bank was addressing an issue that was already on his mind.

"We were getting ready to go back to them and talk to them about commodities anyway," said Finn, who heads up faith-consistent investing for the Missionary Oblates, a Washington DC-based Catholic group that owns Goldman shares.

Driven by a determination to invest in a socially conscious way, Finn's group has been concerned about banks' commodities activities since 2008, when a spike in energy and agricultural products caused food riots in Africa. The issue is whether banks' trading activities artificially drive up food prices.

The pre-emptive message from Goldman, sent ahead of last week's Senate hearing on banks' commodity activities, asserted that the firm's investments in physical assets such as aluminum warehouses do not drive up prices. But it left unanswered many of Finn's questions about what the bank is doing in the sector.

(Goldman moved on Wednesday to address criticism of its Metro International metals business, announcing it would offer customers immediate access to stored aluminum. )

The statement sent to Finn and later released widely did not address one of his broader concerns: that no one outside the banks themselves knows for sure how big their commodity trading arms are, how much they trade, or how much money they make.

"We would like more disclosure on that," Finn said.

He is unlikely to get his wish. While the country's largest banks are required to disclose their activities in some consumer-facing businesses such as mortgages, there is no similar requirement for them to do so on the commodities side.

Commodity "revenue" figures reported to securities and banking regulators can differ wildly - and may not provide an accurate reflection of the size of the business.

Most banks report some numbers, but one of the biggest - Morgan Stanley (Xetra: 885836 - news) - hasn't put a dollar figure on its commodities revenues in more than a decade, reporting only the year-on-year percentage change in its securities filings. None provide cost, salary or bonus figures, making it impossible to guess at relative profitability.

"I don't think you have any banks that are properly disclosing commodities revenue," said George Kuznetsov, head of research and analytics at Coalition, a British consulting firm that employs more than 100 researchers to scrutinize public disclosures and conduct interviews to estimate trading revenues for investment banks.

The issue is becoming increasingly important as politicians press the banks for more insight into the risks they are taking by owning metals warehouses or chartering oil tankers, and as some seek buyers for their physical commodities holdings. On Friday, JPMorgan (LSE: JPIU.L - news) said it was selling out.

"Their physical commodities activities are not comprehensively or understandably reported...they're often buried in arcane regulatory filings," Senator Sherrod Brown, Democrat for Ohio, said at last week's hearing.

AS INSTRUCTED

The lack of clarity over trading operations has long been a vexing issue across other desks as well, such as foreign exchange and equities. But the current debate over whether banks should be allowed to continue trading so actively in raw material markets has only sharpened focus on this area.

In sum, it's big money: the top ten global banks collectively made about $6 billion trading commodities last year, down 24 percent from in 2011, according to Coalition.

The banks say that they are providing regulators and investors with all the information they are required to give.

"Our disclosures are in line with all relevant reporting requirements and provide investors with all material information," said a spokesman for Morgan Stanley. He said the bank provides data on the main drivers of results across its three core business lines but does not break down earnings to a "product" level like commodities.

Critics say the disclosures still leave much to be desired.

"They really don't tell us much," said Robert McCullough, an energy economist who spent six years litigating an electricity market manipulation case against Morgan Stanley.

"If you wanted an estimate of what their position was in electricity in 2001, six years of litigation was not sufficient to get it," he said.

In terms of financial system risks, the Federal Reserve, which regulates banks, has the power to make on-staff visits and request data sets from the banks on their commodities activities. The agency also keeps on-site staff at the banks who are dedicated to monitoring commodities.

But that is not enough, according to some former examiners.

"There's a sophistication gap between the regulator and the bank that they regulate," said Mark Williams, a former Federal Reserve bank examiner and energy executive who now teaches finance at Boston University.

"The commodities are where the more sophisticated transactions take place," he said.

Y-9C? BECAUSE THEY HAVE TO

One bank filing collected by the Fed is called "FR Y-9C." The detailed questionnaire requires banks to tell the Federal Reserve everything from how much money they spend on postage to how much money they make trading commodities.

But because regulatory accounting rules may vary from the way banks report their earnings to investors, the Fed's questionnaire can often bear little resemblance to banks' Securities and Exchange Commission filings.

Goldman Sachs, for instance, reported only $100 million in "commodity and other" trading revenues to the Fed in 2012. In a separate filing with the SEC, the bank said it made $575 million trading commodities. Industry sources actually pegged Goldman's commodity revenues closer to $1.25 billion for the year.

Asked about the different figures, a spokesman for Goldman Sachs said: "We disclose figures in the way we are required. That may not correspond to the way we actually measure the performance of certain trading businesses." He declined to provide a figure for the bank's commodity trading revenues.

JPMorgan Chase (Other OTC: JPMSZ - news) and Citigroup Inc (NYSE: C - news) provide similar commodity trading figures to the Fed and the SEC. But like Goldman, both banks warn investors in their SEC filings that the figures don't fully represent their performance because they exclude earnings on interest, an "integral" part of trading revenue.

JPMorgan reported nearly $2.4 billion in commodities trading revenues for 2012, which on paper was more than Goldman and Morgan Stanley combined. But several analysts say actual revenues are likely closer to this year's $1.5 billion target.

Spokesmen for JPMorgan and Citi declined comment.

With so much uncertainty around the headline numbers, attempting to separate banks' paper bets on commodities from physical trading - the segment most at risk from regulators - is all but impossible. Analysts at Deutsche Bank (Xetra: 514000 - news) estimated in a report last week that JPMorgan's physical book accounted for somewhere between a third and two-thirds of its overall commodities trading operation.

Some other banks have taken the view that their commodity businesses are too small to merit much attention.

At Deutsche Bank and Barclays Bank, commodities revenues may show up in an occasional earnings transcript or investor presentation, but neither bank discloses in filings how much money it makes trading in the sector. In its 2012 annual report, Deutsche Bank simply notes commodities "revenues were lower" compared to 2011. Barclays (LSE: BARC.L - news) makes no mention of the segment's performance in its annual report.

Spokespeople for Deutsche and Barclays declined to comment.

ANALYSTS VS. NUNS

The lack of detail on banks' commodity trading revenues does not seem to worry some on Wall Street. It's just one part of a mosaic of items analysts look at in evaluating the firms.

"It's just not been a significant issue for me," said David Hilder, who covers banks for brokerage Drexel Hamilton.

And some experts say even the limited disclosure by banks is better than the alternative. Many of the big global commodity traders, such as Vitol and Trafigura, are privately held and therefore subject to no disclosure at all.

"The (trading) activity will not go away," said Randall Guynn, a banking lawyer at Davis Polk, who testified at last week's hearing. "You're better off having it in regulated companies where there is some disclosure."

That hasn't stopped some influential groups from calling on banks to step up their reporting.

Last year, the CFA Institute - which confers the Chartered Financial Analyst credential to investment professionals worldwide - endorsed a report calling for banks to improve their risk disclosures to investors. Banks' trading books, in particular, remain "very opaque" to investors, said Vincent Papa, the institute's director of financial reporting policy.

"In many cases, they give you a figure which they deem to be meaningless from an internal management standpoint," Papa said. "They just give it for compliance reasons. That's not beneficial to investors. It's about giving relevant information, rather than just ticking the boxes."

For some of the banks' investors, commodity trading data is very relevant indeed. The Interfaith Center on Corporate Responsibility (ICCR) represents $100 billion worth of institutional investors like Finn, the DC reverend. The group openly calls for corporations to avoid speculating on food commodities.

But with disclosures being so lacking, ICCR members like Sister Nora Nash of the Sisters of St. Francis of Philadelphia have little idea whether their investments in big banks like Goldman Sachs comply with this philosophy.

"I would absolutely hope that they would disclose what is happening to those of us who are shareholders," Nash said.

Source: http://news.yahoo.com/nuns-analysts-alike-bank-commodity-045958838.html

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Thursday, August 1, 2013

Welcome to the Dongle

Mario Queiroz, vice president of product management, holds the new Google Chromecast dongle as it is announced during a Google event at Dogpatch Studio in San Francisco, California, July 24, 2013. Get a Chromecast. It?s cheap. You?ll love it.

Photo by Beck Diefenbach/Reuters

Google?s Chromecast doesn?t do much. But what it does do, it does so consistently well, and so cheaply, that it?s quickly became a primary part of my media-watching routine. Chromecast, a little USB-stick-sized device you might call a dongle if your mother didn?t teach you manners, streams Netflix, YouTube, and websites to your TV. (But wait a second, aren?t Netflix and YouTube also websites? Yes, but there?s a technical distinction we?ll get to in a minute.) Also, Chromecast is fast, unbelievably easy to set up, and pretty much foolproof to use. And it?s $35, which makes it one of the best values in tech, ever. Combine all that, and it?s irresistible. In the five days I?ve had it, Chromecast has become my go-to way for streaming shows to my TV.

It?s not that I lacked for ways to stream videos already?my TV, DVD player, and XBox all have Netflix and YouTube apps, and they?re pretty easy to use. But Chromecast is simpler, faster, and more intuitive than any of those. Other methods usually require four or five steps to set up streaming. First, you?ve got to turn on the TV, choose the right input, turn on the ancillary device, load up an app, find a show, and then press play. It takes a minute or two, and if your set-top box is really slow, maybe a lot more.

Chromecast eliminates a couple of those steps, and it makes others much faster. In this way, Chromecast is similar to other small digital set-top boxes, especially the Roku ($98 or $50) and the $96 Apple TV (though there are some important differences I?ll get to below). With Chromecast, you turn on the TV. Then you load up Netflix (or YouTube or Chrome) on any other machine that?s handy?it could be a PC, a phone, or a tablet, or whatever you have lying around. It?s much faster to navigate and type on those devices than on your set-top box, so you?ll find your show much more quickly. Then press play. On many TVs, you won?t even need to change your TV?s input?Chromecast will do that for you. (Depending on how you set up Chromecast?that is, if you plug its power cord into an external AC adapter rather than into your TV?s USB slot?you might not even need to turn on your TV at all; Chromecast might be able to do that for you, too.) So, anyway, once you find your show, press play. Like black magic, your video just shows up on your TV.

Does this sound complicated? It?s not. Once you have it set up, Chromecast becomes a natural extension of all of the devices in your house. When you?re watching something on pretty much any machine, you?ll be able to shuttle it over to your TV instantly without giving it a second thought. That?s a great deal for only $35.

Now, let me briefly mention a subtle but important technical limitation regarding how Chromecast works. The device streams videos in two ways?either directly over the Internet from a service like Netflix, or from the Chrome browser on your own computer. The first of these methods is the better one?because the video is coming directly from Netflix, your phone or PC is acting only as the remote, and you can turn it off after you?ve started watching the video. The downside is that, at the moment, only YouTube, Netflix, and Google Play support this direct streaming method.

Chromecast also lets you stream anything that you have open in a Chrome tab to your TV. Technically, this means you can play any Web video service on Chromecast, even HBO Go, Hulu, or even a Bittorrent-ed video that you drag into Chrome. All you do is play the video on your laptop in Chrome, then press the button to stream to your Chromecast. But this method?streaming from a Chrome tab?is kind of a hack. Because the videos you play this way come directly from your computer to your Chromecast, they require that your machine be on, and they tend to be of lower quality than the ones you stream from a service like Netflix.

I can already hear Apple partisans hissing at me for failing to mention the greater charms of that company?s set-top box, the Apple TV. And they?re right?in some ways, Chromecast isn?t as good as Apple TV. Apple TV plays videos from many more services, including Hulu and HBO Go, than you?ll find on Chromecast. Apple TV also allows for ?mirroring? from Apple devices, meaning you can send anything on your iPad over to your TV. Chromecast, meanwhile, only lets you mirror Chrome tabs?and only from a PC, not from your mobile device. So if you?ve got a bunch of photos in Picasa on your Mac, you won?t be able to stream a slideshow to Chromecast, as you can using Apple TV. But if your photos are in Flickr?i.e., on the Web?you will be able to watch them on Chromecast (as well as Apple TV).

But Apple TV has its disadvantages, too. First, it only works with Apple?s mobile devices. If your household has multiple machines running different operating systems?if you?ve got an Android phone and Apple tablet?then Apple TV may not be right for you. Also, Apple TV is $96. You can almost get three Chromecasts for the price of one Apple TV. If you?ve got several TVs in your house, Chromecast is obviously a better choice.

Plus, some of Chromecast?s limitations are temporary. Google has released an API for the device?a way for developers to get their services to directly stream to the device?and several firms, including Vimeo and Redbox, will reportedly begin adopting it. I suspect that soon, most of the services that work on Apple TV and Xbox will work on Chromecast, too. (One of the really surprising things about Netflix and YouTube?s support for Chromecast was that I didn?t have to update their apps on my phone to get it?the Chromecast button just showed up in the apps on every device. Watch for that to happen with every other video service you use.)

In some ways, though, the most important thing about Chromecast isn?t what it does. It?s what it costs. By setting a profit-free low price on Chromecast, Google is signaling that it?s not looking to make a lot of money on the device. Instead, it?s aiming for ubiquity. And ubiquity, in and of itself, will improve Chromecast. I don?t have any inside info, but if I were to venture a guess, I think Google?s ideal scenario for Chromecast goes something like this: 1) A lot of people buy the device. 2) A lot of media companies start supporting the device. 3) The dongle (sorry!) disappears?given the device?s popularity and low price, TV companies start building the Chromecast protocol into their TVs. In other words, Chromecast becomes the quasi-standard way of streaming, and every TV becomes a Google TV.

Out of these three steps, Apple, Microsoft, and Roku have already achieved the first two. But none of them can get to Step 3, because all of their business models depend on selling devices for a profit. Google?s does not. Google is instead interested in capturing the ecosystem?once every TV is a Google TV, the company will figure out how to make money from that, somehow.

Will that happen? I think there?s a good chance. For now, though, enjoy Google?s largesse. Get a Chromecast. It?s cheap. You?ll love it.

Source: http://www.slate.com/articles/technology/technology/2013/07/google_chromecast_review_the_dongle_is_ready_to_take_over_your_tv.html

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A Mini Golf Course Inspired By Typography [Pics]

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Source: designspiration.net --- Wednesday, July 31, 2013
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