Marijuana producer Aphria lowers cash portion of offer for Nuuvera

first_imgLEAMINGTON, Ont. – In an unusual move, licensed marijuana producer Aphria Inc. is cutting the amount of cash it is offering for cannabis company Nuuvera Inc. — from $1 to 60 cents per share — as Nuuvera seeks to fully acquire its subsidiary Avanti Rx Analytics.Leamington, Ont.-based Aphria said Tuesday it reached an agreement with Toronto-based Nuuvera to the lower the price but did not elaborate on why.Nuuvera said in a separate release it agreed to the amendment “in order to fund” its own acquisition of the remaining 49 per cent interest of Avanti — which provides research and testing services to the cannabis industry — for an estimated $43 million.The company did not explain why receiving less money from Aphria would help fund its own transaction.“The acquisition of Avanti is an important step in the history of Nuuvera and is expected to result in synergies at the combined Nuuvera/Aphria which will enhance the value of the arrangement to shareholders of Nuuvera,” said Ronald Schmeichel, Nuuvera’s chairman, in a statement.Neither company could not be immediately reached for further comment.Nuuvera said it entered into a letter of intent to acquire the remaining interest of Avanti from a single minority shareholder. As part of the deal, Nuuvera also anticipates acquiring Avanti’s facility in Brampton, Ont.The original agreement was valued at $826 million, according to Aphria and Nuuvera’s Jan. 29 release. The revised offer, with the reduced cash component and using Aphria’s latest closing price of $14.06, based on 80.13 million outstanding Nuuvera shares would be valued at $447.9 million.Under the amended deal, Aphria is offering 60 cents in cash plus 0.3546 of an Aphria share. Nuuvera noted in its release “the consideration has been reduced… provided that the cash consideration will be increased to the extent the company’s unrestricted cash exceeds the revised required level.”Shares of Aphria and Nuuvera have fallen since the original deal was first announced on Jan. 29. Under the initial agreement, the licensed producer offered $1 plus 0.3546 of an Aphria share for each Nuuvera share. That would value the offer at roughly $8.50 per share, based on Aphria’s 10-day volume-weighted average price for the period ended Jan. 26 of $21.15. Nuuvera’s 10-day volume-weighted price for the same period was $6.51.On Friday, Aphria shares closed at $14.06 on the Toronto Stock Exchange while Nuuvera shares closed at $5.56 on the TSX Venture Exchange. Based on Friday’s share price, Aphria’s amended offer of 60 cents in cash plus 0.3546 of a common share would be valued at $5.59 per share.Aphria’s stock was up $1.13 or 8.04 per cent to $15.19 in early afternoon trading on Tuesday, while Nuuvera was up 14 cents or 2.52 per cent to $5.70.Aphria said Tuesday it also sought and received consent for the reduction from shareholders who had signed lock-up agreements, that together with Nuuvera shares already owned by Aphria represent approximately 65 per cent of Nuuvera’s outstanding shares and over 57 per cent of the requisite minority shareholders of Nuuvera.Aphria added that its board of directors received an opinion from its financial adviser, Cormark Securities Inc., that said as of Feb. 19 the amendment is “fair, from a financial point of view, to Aphria.”Nuuvera noted its board also obtained legal and financial advice from Canaccord Genuity Group Inc., which concluded that as of Feb. 19 that “the consideration to be received by Nuuvera shareholders is fair, from a financial point of view, to such shareholders.”Aphria said the deal is expected to close in April, on schedule.Companies in this story: (TSX:APH, TSXV:NUU, TSX:CF)last_img read more

Contrasting poll narratives

first_imgThe ensuing long-drawn general elections are just around the corner. Manifestos or not, narratives in public meets and through the media are for everyone to see. Let us first take the party and alliance in power. There are four pillars to the BJP/NDA narrative. First, there is the pitch for a visibly strong nation high on nationalism and pro-active military action as illustrated through the Balakot strike post Pulwama massacre and reiterated through the Mission Shakti recently. On March 27, 2019, India conducted Mission Shakti, an anti-satellite missile test, from the Dr APJ Abdul Kalam Island launch complex. This was a technological mission carried out by DRDO. The satellite used in the mission was one of India’s existing satellites operating in lower orbit. The test was successful and achieved all parameters as per plans. The test required an extremely high degree of precision and technical capability. The significance of the test is that India has tested and successfully demonstrated its capability to interdict and intercept a satellite in outer space based on completely indigenous technology. With this test, India joins an exclusive group of space-faring nations consisting of USA, Russia and China. Second, there is the pitch for a stable government led by a strong-willed leader Narendra Modi and his version of BJP ably assisted by party president Amit Shah. This underplays the fact that BJP is the leading power among 24 parties in the National Democratic Alliance (NDA). There are a few more strong BJP leaders like Nitin Gadkari and Rajnath Singh with a mass base, and there has been a litany of conflicts, major and minor, with alliance partners leading to Shiv Sena, Paswan’s LJP and Nitish Kumar’s JD(U) being accommodated with a long rope. Alliance partners are temporarily fine as they expect a Modi-driven almost Presidential type of campaign will reap rich benefits. Third, there is an unmistakable tilt towards using the communal lingo in the polls with every passing day. The way Hindu-Muslim rhetoric is being used by the PM himself with reference to the Samjhauta blast alleged miscarriage of justice and about the strong Muslim electorate in Wayanad which Congress president Rahul Gandhi has picked up as his second seat, it is obvious that the ferocity of communal card shall be more aggressive down the line; as is seen in the speeches of UP CM Adityanath. Fourth, the BJP leadership is harping on the dynastic roots of Rahul Gandhi and several other regional political leaders of other opposition parties, and that the opposition alliances are all opportunistic and weak. And, interestingly, there is a fifth narrative, and it is a narrative in absentia. There is virtually no discourse on the very things which brought Modi to power in 2014 or have highlighted while in power; no talks on corruption at high-places, black money from abroad, double-digit GDP growth, benefits of demonetisation, digital or start-up India missions, Namami Gange, bullet train, Beti padhao beti bachao, multi-layered GST, et al. Now, let us look at the main opposition to the government. After bumbling on opposition alliances in Delhi, Haryana, Andhra, Bengal, Telangana, and being left out of UP, etc., Congress is now settling down with alliances in Bihar, Maharashtra, Jharkhand, Tamil Nadu in place. But this is surely a month late. With initial noises of a Mahagatbandhan, Congress seems to have got the successes in recent state elections a bit too much in the head. The scar of being left out of the UP battle has led them to put the two best faces, Priyanka Gandhi and Jyotiraditya Scindia, to sweat it out in the sweltering summer heat and dust of Uttar Pradesh. Even the friends wonder why are they not best used in MP, Chhattisgarh and Rajasthan. Having apparently fumbled, the Congress narrative is picking up steadily now with the promise of its mind-boggling NYAY scheme (Nyuntom Aye Yojana) in which, if voted to power, it promises to ensure minimum income of Rs 12,000 a month for the poorest 5 crore families (20 crore people) incurring an expense of Rs 3.6 lacs crores a year, thereby ensuring the universal concept of Basic Minimum Income in India, along with all other welfare measures like MGNREGA, NRHM, etc., which cover rural, urban and tribal poor. This surely has brought back the narrative on their side, along with the promise of directly elected mayors across India to ensure better urban governance and people’s control over the same. And, ahead of BJP, Congress has now come out with their manifesto too. Apart from NYAY, the promises in the manifesto include commitment to legislate women’s reservation bill and reserve one-third of all government jobs for women, double education outlay at every level, free and compulsory school education up to Class XII in public education, review AFSPA, omit Section 124A of the IPC that is known as the Sedition Law, fill up around 30 lacs of jobs at various levels of the government, separate Kisan budget, legislate Right to Healthcare Act, GST 2.0 with a single moderate tax-rate, implement Forests Rights Act for tribal welfare in letter and spirit, abolish opaque electoral bonds, stringency against hate crimes, establish Environment Protection Authority, enact Right to Homestead Act for the rural homeless, et al. With this, Congress has surely moved ahead with an ‘inclusive development’ campaign narrative. It, however, remains to be seen how far its candidates and cadre can take these promises – music to every Indian ear – down to the grassroots.And the contrasting narratives of both the parties show some positives, in spite of the communal undertone in the ongoing campaign. While BJP scores heavily on the national pride and power front, Congress scores on specific aspects of inclusive justice, especially through its NYAY scheme. Congress will be forced to talk about handling cross-border terror, its possible outlook towards Kashmiri militancy in today’s context, and sprucing up the military arsenal of the nation. It has already got a dossier on national security prepared by the army officer who led the post-Uri surgical strikes, Lt Gen DS Hooda, and has promised in the manifesto to upgrade defence budget and military modernisation. On the other hand, unabated communal rhetoric may not pay desired dividends to BJP and the revival of Ram Janmabhoomi movement did not meet much enthusiasm of the people at large in spite of a well organised Kumbha Mela to launch the same. The Congress approach will require the rulers of the day to turn to a more development-focused narrative especially with regards to jobs, basic income, women’s issues, health and education, among other things. That surely is good for the nation. As electioneering goes ahead, it is also expected that a re-thinking on the role, independence and neutrality of the Election Commission and the media, apart from the fundamental premises of the Constitution, shall emerge. And, that, to my mind is another good outcome of this largest festival of democracy in the world: the Indian General Elections (along with assembly polls of several states too). (The author is a media academic and columnist, currently the Dean of School of Media, Pearl Academy, and earlier the Dean of Symbiosis and Amity Universities. The views expressed are strictly personal)last_img read more

PU Chitra wins 1500m gold Dutee clinches 200m bronze

first_imgDoha: P U Chitra defended her 1500m title to give India its third gold medal while Ajay Kumar Saroj and Dutee Chand won a silver and a bronze in men’s 1500m and women’s 200m respectively on the fourth and final day of the Asian Athletics Championships here on Wednesday. Chitra overtook Bahraini runner Tigest Gashaw just a few metres before the finishing line to win the race in 4 minute 14.56 seconds at the Khalifa Stadium. This was India’s third gold of the championships after Gomathi Marimuthu (women’s 800m) and Tejinder Pal Singh Toor (men’s shot put) won a yellow metal each on the second day on Monday. Also Read – Puducherry on top after 8-wkt win over ChandigarhGashaw clocked 4:14.81 for the silver while another Bahraini Mutile Winfred Yavi took the bronze in 4:16.18. “Got a little nervous towards the end being next to Bahraini runner (Gashaw Tigest). She beat me to third place in Asian Games. “I had to really push hard in the end,” said the 23-year-old Chitra who had won a bronze in the Jakarta Asian Games. Chitra had won gold in the 2017 edition in Bhubaneswar in 4:17.92. Her male counterpart, Saroj clocked a season best time of 3 minute 43.18 seconds to clinch a silver behind Bahrain’s Abraham Kipchirchir Rotich who clocked 3:42.85. Also Read – Vijender’s next fight on Nov 22, opponent to be announced laterDutee, who had finished a disappointing fifth in the 100m final on Tuesday after smashing national record twice, clocked 23.24 seconds to win the bronze in the women’s 200m. After falling behind in the first 100m, she covered a lot of ground in the final 100m stretch and got past three competitors at the finish line. Salwa Naser of Bahrain expectedly took the gold in 22.74 while Olga Safronova of Kazakhstan was second in 22.87. The 23-year-old Dutee, who had won a 200m silver in the Jakarta Asian Games, still missed the World Championships qualifying mark of 23.02. She has a personal best of 23.00. “I am really very happy. I missed a medal in 100m & relay. I put too much effort in 100m, was not sure of medal in 200m. Just did my best & I am happy,” Dutee said. In the women’s discus throw, Navjeet Kaur (57.47m) and Kamalpreet Kaur (55.59m) came up with disappointing shows to finish fourth and fifth respectively.last_img read more

Is It A Clown Question To Ask Why Bryce Harpers Stats Are

Historical playersYearsAgesPosYear 1Year 2Year 3 current playersYearsAgesPosYear 1Year 2Year 3 Andre Ethier2007-0925-27RF+4-11-11 Fielding Runs vs. Avg Matt Kemp2009-1124-26CF0-31-6 Jeff Francoeur2007-0923-25RF+20-3+4 Luis Matos2003-0524-26CF+9-8-2 Fielding Runs vs. Avg When Bryce Harper was introduced by the Philadelphia Phillies on Saturday in Clearwater, Florida, and slipped on a red pinstriped No. 3 jersey, the amount of fanfare that greeted him hadn’t been seen since the team traded for Roy Halladay in 2009. The club reportedly sold 100,000 tickets to regular-season games within hours of Harper’s signing. The Phillies hope it ushers in an era of sustained competitive baseball with Harper as a $330 million keystone. After all, what made Harper so promising was not only his talent but also his relative youth, as a 26-year-old free agent.Harper should still be productive in the near term and deliver important wins for the Phillies (after the signing, FiveThirtyEight’s projections for the 2019 season bumped the Phillies up to 84 wins, from 82, although other sites have been more bullish). But as we wrote last week, Harper’s consistency is a concern. Historical comps for a player with Harper’s unusual and volatile career to date suggest that he might have already peaked and that star-level players, in general, have reached their peaks by age 26. Since we are already in the habit of raining on the parade in Philadelphia, let’s look under the hood at Harper’s underlying stats and see where the specific problems may reside.For starters, Harper’s defensive metrics fell off a cliff last season.According to an average of Defensive Runs Saved (which Baseball-Reference.com uses for its defensive WAR) and Ultimate Zone Rating (FanGraphs’s metric of choice), Harper was the second-worst right fielder in the game (-12 runs saved compared with average) and the fourth-worst center fielder (-9 runs saved). Harper played 860 innings in right and 477 innings in center last season. And if Harper becomes more and more a one-dimensional player, in an era in which his power hitting stands out less, he loses relative value.But perhaps those concerns are a little overblown. Although baseball’s defensive metrics are getting better all the time, they are still prone to big swings between seasons. In 2017, before the big decline last season, Harper was actually 3 runs better than an average right fielder. His 24-run drop ranks second-worst among outfielders under age 271As of June 30 of the season in question. who played the same position for the same team in back-to-back years between 20022The first season of granular, pitch-level data at FanGraphs. and 2018, trailing only Matt Kemp (who fell from being exactly average in 2009 to 31 runs below average in 2010). In the season after that, Kemp still wasn’t good — he was -6 relative to an average CF — but he at least reclaimed some of the ground he’d lost in his annus horribilis.As it turns out, that’s a pretty common story if we look at the rest of the outfielders who met our qualifications from above and dropped off by at least 15 runs in a season since 2002: Jay Bruce2010-1223-25RF+180-3 Mike Trout2012-1420-22CF+15-5-9 The fates of outfielders with Harper-esque defensive dropsPlayers who had a decline of at least 15 defensive runs* relative to average in a season since 2002, were younger than 27 and played in the same position for the same team Nick Markakis2008-1024-26RF+17-5-8 Odubel Herrera2017-1925-27CF+6-11? There were some other players who experienced the same kinds of defensive declines and responded by changing positions entirely. (Such as Mark Teahen, Adam Eaton and Marlon Byrd.) But among those who stayed at the same position, they averaged to be about half as bad (relative to average) in the following season as they’d been in the decline year, regaining about 20 percent of their previous form.In the end, though, the Phillies are paying Harper to produce runs and hit homers. So perhaps the more troubling trend of Harper’s for the Phillies is his failure to address holes in his swing.Harper’s ability to make contact has been in decline. Last season, his rate of contact on pitches in the strike zone was the fourth-lowest among qualified hitters, dropping from 84 percent in 2017 to 78 percent in 2018. His strikeout rate rose by 4.2 percentage points, the 24th-greatest increase in the majors. Since 2015, his 15-game rolling average regarding contact ability (on all pitches) has been volatile but gradually declining.According to Statcast data from Baseball Savant, Harper’s whiff rate against fastballs3Four-seam fastballs, two-seam fastballs and sinkers. increased from 15.2 percent in 2016, to 20.2 percent in 2017 to 26.4 percent last season (ranking as the 36th-highest whiff rate in 2018 among 352 batters to offer against at least 200 fastballs). Against fastballs 95 mph and faster, Harper’s whiff rate increased from 18.8 percent in 2016 to 22.0 percent in 2017 to 31.5 percent in 2018.Harper has always had a weakness against up-and-away fastballs. Since 2015, he has swung and missed at a 40.7 percent rate when offering at up-and-away four-seam fastballs.Last season, Harper swung at 111 four-seam fastballs in those zones and whiffed 52 times, a 46.8 percent rate.While defensive metrics can still be somewhat volatile from year to year,4Even among players who stayed at the same position in back-to-back years, the correlation between a player’s percentile rank at his position in defensive runs per inning from year to year is 0.36 since 2002. a player’s contact rate is much “stickier”5The same correlation for a batter’s strikeout rate in back-to-back seasons is 0.79. — suggesting that big changes in the ability to make contact are more likely to represent a real change in skills and not just random variance.It’s not all bad news at the plate, however: Against fastballs,6Again, four-seam fastballs, two-seam fastballs and sinkers. Harper hit .306, with a .651 slugging percentage, according to Baseball Savant data.Because Harper was effective when making contact against fastballs, perhaps he was trading the ability to make contact for more power. What he has not done is change his swing plane, according to launch angle data. His average launch angle was 14.5 degrees in 2015, 14.6 in 2016, 13.6 in 2017 and 13.9 in 2018. His pull rate did spike, jumping from 35.5 percent in 2017 to 42.3 percent in 2018.Harper has elite plate discipline. He has elite power. But not every player who has made power gains in recent years — see Mookie Betts, Francisco Lindor, Justin Turner and Jose Ramirez — has had to sacrifice contact. And the best, most efficient offensive performers typically do not trade contact for power.What’s concerning is that even though some traits age well, like plate discipline, power generally does not. So if Harper’s defense continues to decline and he’s limited to a corner outfield position and continues to lose contact ability — if he becomes a Three True Outcomes hitter — he probably won’t age as the Phillies would like. He would likely morph from a highly sought-after asset, a 26-year-old star free agent, to the type of player easily found (a Three True Outcomes corner outfielder).Because Harper was a prodigy in part as a result of relentless work and practice at a young age, he may have fulfilled his potential soon after his arrival in the majors. But he doesn’t have to be Trout-like to justify his contract. At $25.4 million per year, the Phillies are not paying him as an elite superstar. And if Harper helps Philadelphia add another World Series banner to Citizens Bank Park in the not-too-distant future, then it will likely be $330 million well spent regardless of how well he ages. * According to an average of the defensive metrics found at Baseball-Reference.com and FanGraphs.Minimum 700 innings in all years. Ages are as of June 30 of the season in question.Sources: Baseball-Reference.com, FanGraph Bryce Harper2017-1924-26RF+3-20? From ABC News: read more

Klopp not available right now for Germany

first_imgBut the Liverpool coach would “think about it” one day if the Nationalmannschaft needs him one day and he’s availableFor Liverpool manager Jürgen Klopp being concentrated and focused is something he’s proud of.And asked today if he would ever manage the Germany National Team, The Reds boss was quick to replay.“If I am asked one day and I am available then I would think about it,” he told Welt am Sonntag in his native country.Reported by Goal.com, the German manager is focused on only one thing right now.Roberto Firmino, LiverpoolVirgil van Dijk praises Roberto Firmino after Liverpool’s win Andrew Smyth – September 14, 2019 Virgil van Dijk hailed team-mate Roberto Firmino after coming off the bench to inspire Liverpool to a 3-1 comeback win against Newcastle United.“But am I thinking about it right now, in my current situation when I am tied to Liverpool for the next four years and because Germany has just played a bad World Cup? No,” he said.“I’m not available,” he promptly added.Germany had their worst FIFA World Cup participation this summer, having failed to qualify from the Group Stage into the Round of 16.But both Germany’s coach Joachim Löw and Klopp, have a four-year contract with their teams.last_img read more

Juanfran Atleti are the club of my life I would like

first_imgAtletico Madrid full-back Juanfran hopes to renew his contract at the club that means the most to himThe former Real Madrid youth player has spent the last eight years with city rivals Atleti but will be out of contract at the end of this season.However, Juanfran remains a key member of the team and produced a great performance in their 1-0 La Liga win over Levante on Sunday.“Atleti are the club of my life, I would like to stay,” said Juanfran, according to Marca.“My hope is that the club renews me and that they still see me as a valuable player, who can put in a level of performance adequate of the team and our coach.FC Barcelona, Valencia CFMatch Preview: Barcelona vs Valencia Boro Tanchev – September 14, 2019 Is derby time in La Liga, as Barcelona welcomes Valencia to the Camp Nou Stadium tonight at 21:00 (CET).“I will never create a problem here regardless if whether I leave in the summer or in future years, this club will always mean the world to me.“I hope to do whatever the best thing is for the club and I am sure that Diego Godin and Filipe Luis will do the same, they care about the club like this too.“The players are never the most important thing about Atleti but I believe my presence here can benefit the team going forward.”Juanfran has made 325 appearances for Diego Simeone’s side across all competitions.The 34-year-old’s time at the Spanish capital has seen him win La Liga, Copa del Rey, Supercopa de España, Europa League (2x) and UEFA Super Cup (2x).last_img read more

Pogba believes United has rediscovered itself

first_imgManchester United footballer Paul Pogba believes that his team is back to the place they belong, thanks to interim coach Ole Gunnar Solskjaer.After Jose Mourinho was sacked as manager of Manchester United, the board of directors appointed Ole Gunnar Solskjaer as interim coach.And with him, the Red Devils have won their six matches played so far.This is why footballer Paul Pogba believes his team is returning to the place they belong, thanks to Solskjaer.“The way we are playing we have more possession of the ball. We know more where to attack and where to go. We have more of a pattern of play and more of a structure,” Pogba told Sky Sports News.Harry Maguire, Manchester UnitedLiverpool legend Nicol slams Harry Maguire’s Man United form Andrew Smyth – September 14, 2019 Steve Nicol believes Harry Maguire has made some “horrendous mistakes” recently, and has failed to find his best form since joining Manchester United.“That makes it easier for everyone. So I would not say it is only myself. Yes, I have scored a few goals and had a few assists but it is all the team [that deserves credit].”“It was great for us. It was great to show we are coming back and getting closer to the top,” Pogba said. “We needed points and we showed that we could beat a big team,” he added.“I wouldn’t say [we had] luck because you create your own luck. David did his job and I thank him for that.”“I think the team performance was great. We played against a good team. You cannot say they are not a good team because they have top players,” Pogba commented.“It was a great game and it was a good victory for us.”last_img read more

BAHAMAS Legal Year 2018 opens in the Supreme Court

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp#Bahamas, January 12, 2018 – Nassau – Despite intermittent rain, Acting Chief Justice Stephen Isaacs officially opened the Legal Year 2018 during a ceremony marked by the traditional, pomp and pageantry at the Supreme Courts, Bank Lane and Parliament Street, Thursday, January 11, 2018.An Integrated Justice System dedicated to tracking criminals, digital audio, bail management and the Advanced Performance Exponents Inc. are among   initiatives occurring within the past year which the Acting Chief Justice outlined in his remarks.  Moreover, Justice Isaacs addressed “significant” movements within the Supreme Court and judicial education. Chief among the movements is the appointment of Chief Justice Sir Hartman Longley to President of the Court of Appeal in December 2017.Amidst the pageantry and celebrations, the Chief Justice said the judiciary is at the heart of a “vexing” social problem that is plaguing The Bahamas, the rise of violent crime.“It’s genesis is not a single factor, but a combination of factors, which, when taken together, paint a picture of the way that our society has evolved in modern times.“I can only venture to give an incomplete inventory of those factors which begin at birth in the home where guidance begins and where family planning has its greatest impact, in the surrounding communities where young persons are invariably influenced one way or another, in the schools where we try to educate our young people so that they may become productive citizens.  In this mix there are positive forces doing whatever possible to create responsible citizens, such as committed parents, youth organizations, the church in its various denominations and the attendant outreach programmes,” he said.Senator the Hon. Carl Bethel, Attorney General and Kahlil Parker, President of the Bahamas Bar Association also delivered remarks.A procession of members of the Legal Profession through Downtown, Bay Street, to the Supreme Court in Bank Lane and Parliament Street preceded the ceremony. The Royal Bahamas Police Force Band led the march.A reception followed the event.Release: BIS Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

Scientists find mesmerizing upside down mirror pools on the sea floor

first_img Ocean XPrize prototypes set to unveil deep-sea mysteries Share your voice Tags 0 Post a comment Schmidt Ocean Institute Thanks to some enterprising underwater explorers, I am now a firm believer that the sea floor contains portals to a Stranger Things-esque Upside Down.A team of researchers from the Schmidt Ocean Institute have been spending their days exploring the depths of the Gulf of California as part of the “Microbial Mysteries” expedition. Over the past month, the team has been sampling the area, snapping video from about 1.2 miles (approx. 2,000 meters) below the surface. In that time they’ve gathered data to detail the microbial communities and metabolism of the deep and gain a better understanding of how microbes live around hydrothermal vents and cold seeps.In the alien, extreme environment of the deep, it’s remarkable to see life thriving and using the nutrient-rich vents and seeps to keep themselves alive. But it was another geological formation, caused by an underwater volcano, that offered the biggest surprise.Using the Institute’s research vessel “Falkor” and their remotely piloted robotic explorer “ROV SuBastian”, researchers were able to discover new geological formations with “mirror-like flanges” — areas where fluid from hydrothermal vents collected in topsy-turvy pools. When chief scientist Mandy Joye spotted one of the unusual pools her jaw literally dropped.You can see a ton of amazing footage from the expedition, in 4K, below: It’s not all good news for the ocean floor though. “Unfortunately, even in these remote and beautiful environments we saw copious amounts of trash including fishing nets, deflated Mylar balloons, and even a discarded Christmas trees,” said Joye in a press release. “This provided a stark juxtaposition next to the spectacular mineral structures and biodiversity.”In some of the “highlights” garbage is scattered about the rocks and muddy soil. At one point in the video, the smiling face of Olaf, the snowman in Disney’s animated film Frozen, smiles back at the underwater camera. We have found plastic pollutes even the deepest point of the world’s oceans, so that’s not all that surprising — but it does cast a solemn pall over the Ocean Institute’s discoveries. Sci-Tech 9 Photoslast_img read more

Qualcomm forms 280 million JV in China to design and sell server

first_imgChipmaker Qualcomm and the provincial government of Guizhou in China on Sunday unveiled a $280 million joint venture for the design, development and sale of advanced server technology.The US-based global semiconductor company signed a strategic agreement with the Guizhou province government and announced a joint venture with Huaxintong Semi-Conductor Technology Co Ltd with initial capital of 1.85 billion renminbi (approximately $281 million) Reuters reported.”Qualcomm will establish an investment company in Guizhou that will serve as a vehicle for future investments in China”, the provincial government and the company said in a joint statement.Derek Aberle, president of Qualcomm Inc, said the company wants to “deepen its cooperation and investment in China”. Thus, cooperation agreement, joint venture and formation of an investment company will be important for the company.Qualcomm was reportedly licensing its server technology with the help of research and development and would also supply expertise to implement the venture, Reuters added in its report.”This underscores our commitment as a strategic partner in China,” Aberle said. Under the joint venture, Guizhou would own 55% of the new company and 45% will be owned by Qualcomm subsidiary, according to a report by Venture Beat.The company plans to make ARM-based processors for servers in data centres.Last October, the company had announced that it conducted a live demo of its server development platform. It would also collaborate with chip-making companies Xilinx and Mellanox. This would give China a chance to build its own chip industry.”This server technology joint venture is a win-win scenario for Qualcomm and our Guizhou partner and will yield mutual benefits for both sides as we together pursue a very large data center opportunity in China,” said Anand Chandrasekhar, Senior Vice President and General Manager for Qualcomm Data Center Group, in a statement, Venture Beat report added.last_img read more

Sonagazi OC withdrawn as victims family cannot trust him

first_imgWithdrawn Sonagazi Model police station OC Moazzem Hossain. Photo: CollectedA Feni court on Wednesday placed Sonagazi Islamia Senior Fazil Madrasa principal Siraj Ud Doula on a 7-day remand and two other people on 5-day remand each in a case filed for setting fire to a female student of the madrasa.The other accused put on remand are Abser Uddin, lecturer of English department of the madrasa and student Arif.Feni’s senior judicial magistrate Saraf Uddin Ahmed passed the order after the police produced the three accused before the court seeking a seven-day remand.Meanwhile, Moazzem Hossain, officer-in-charge (OC) of Sonagazi Model police station, has been withdrawn, said Md Sohel Rana, assistant inspector general (AIG) of police headquarters (PR).Later, he was attached to the Armed Police Battalion (APBn), said superintendent of Feni police SM Jahangir Sarker.Sources at the police headquarters told Prothom Alo that the authorities decided to withdraw the OC taking the plaintiff’s no-confidence in Moazzem Hossain into cognisance.Besides, the case filed for the incident of setting fire to the girl has been transferred to PBI (Police Bureau of Investigation) so that no local people can influence the investigations, the sources told Prothom Alo.On Tuesday, a court in Feni placed four people — Nur Hossain, Kefayet Ullah, Md Alauddin and Shahidul Islam — on a five-day remand after their arrest in a case filed over the incident.The case was filed accusing eight people, including madrasa principal Siraj Ud Doula, lecturer of English Absar Uddin, Feni municipality councillor Maksudul Alam Maksud, and four unidentified ones.On Saturday, Nusrat Jahan Rafi was set afire allegedly by students loyal to principal Siraj Ud Doula after he was arrested and subsequently suspended as Rafi had accused him of sexually harassing her.The madrasa was declared shut until 17 April after the incident grabbed the headlines and sparked outrage across Bangladesh.The victim, who suffered 75 per cent burn injuries, has been kept on life support at the burn unit of Dhaka Medical College Hospital.last_img read more

UPDATE List Of School Districts To Reopen Tomorrow

first_imgAldine ISDAlief ISDAlvin ISDAnahuac ISDAngleton ISDBrazosport ISDClear Creek ISDCleveland ISDCrosby ISDCypress-Fairbanks ISDDayton ISDDeer Park ISDDickinson ISDFort Bend ISDFriendswood ISDGalena Park ISDGalveston ISDHitchcock ISDHouston ISDHuffman ISDHumble ISDKaty ISDKIPPKlein ISDLa Porte ISDLamar CISDMagnolia ISDNeedville ISDNew Caney ISDPasadena ISDPearland ISDSanta Fe ISDSheldon ISDSplendora ISDSpring ISDSpring Branch ISDTexas City ISDTomball ISDWaller ISDYES Prep Public Schools Share Wikimedia CommonsThe past two days of inclement winter weather have caused many school districts in the Houston area to cancel school through Wednesday.However some districts have announced they will be back in session and operating normally for Thursday.Houston ISD, Katy ISD and Tomball ISD specifically have stated that they will be operating on their normal schedule starting tomorrow.Below is a full list of school districts that will reopen Thursday, January 18, 2018:last_img read more

Opposition Grows to Upcoming DC White Civil Rights Rally

first_imgBy Micha Green, AFRO Washington, D.C. Editor, mgreen@afro.comAs White supremacists rally for their “civil rights”- although it’s not clear which of their rights are at stake- the District’s local Black Lives Matter group, along with Shut it Down DC will be hosting a counter-protest.In June the National Park Service approved the application for the White Civil Rights Rally to have a demonstration in Lafayette Park near the White House for August 11 and 12.  Since then, Black Lives Matter DC and Shut it Down DC have been working together to counter the narrative of the White supremacists and ultimately “confront fascism, anti-Semitism, Islamophobia, White supremacy, and state violence on August 10-12,” according to a statement feature on the Shut it Down DC website.Black Lives Matter DC and Shut it Down DC are organizing a counter-protest to take place during the time of the White Civil Rights rally August 10-12. (Courtesy photo)For Black Lives Matter DC and Shut it Down DC this counter-protest is a way of speaking up for those affected by the bloody day last August in Charlottesville, Virginia during the Unite the Right rally which resulted in the death of Heather Heyer, a 32-year-old White woman fighting against the supremacists, and injured and traumatized many more, such as Corey Long and Deandre Harris.“This is for Heather Heyer, Corey Long, Deandre Harris, ICE abolition, open borders, dismantling the prison industrial complex, and ending the settler colonial system,” wrote Shut It Down DC.According to The Root Long was shot at and Harris was brutally beaten at the rally, yet they both faced charges.  Harris’ charges were eventually dropped, but Long was sentenced to 360 days in jail for disorderly conduct when using a flame thrower as self defense (even though he only had to serve 20 of those days).Jason Kessler, leader of Unite the Right, told WUSA 9 last month that the “White Civil Rights” marchers are rallying “to talk about the Civil Rights abuse that happened in Charlottesville, Va. last year.” Now the counter-protesters are gearing to hold them accountable for the violence and outrage last August 12.“Jason Kessler, Richard Spencer, and the Trump Adminstration are all implicated in the murder of Heather Heyer,” Shut it Down DC wrote.Black Lives Matter DC representative, Makia Green told Fox 5  why she felt the counter-protest was important.  “We are stronger than they are, that they are resistant to change and to progress that Black Lives Matter has been doing over the last four years with Black liberation and fighting racism and fascism,” Green said. “So it’s important that we let D.C. and rest of the world know that we are not going to stand for the hate.”last_img read more

Sheena Bora murder Rahul Mukherjea quizzed again

first_imgMedia baron Peter Mukherjea’s son Rahul Mukerjea was on Thursday questioned by Mumbai Police for a second time within 12 hours to unravel the complex web of linkages in the Sheena Bora murder case as he was in a relationship with the deceased.Mumbai Police Commissioner Rakesh Maria is personally involved in the investigation being conducted by Khar police in suburban Mumbai. He had earlier questioned accused Indrani Mukherjea, mother of Sheena. Also Read – Need to understand why law graduate’s natural choice is not legal profession: CJIThe investigators are also planning to question officials of Mumbai Metro One Pvt Ltd (MMOPL), where 24-year-old Sheena was working as an assistant manager since June 20, 2011.Rahul, Peter Mukherjea’s son from an earlier marriage, was quizzed late last night by the police.According to police officials, Rahul was on Thursday again grilled about his ‘relationship’ with Sheena and also over the reasons for not pursuing the missing complaint about her. Also Read – Health remains key challenge in India’s development: KovindRahul was also taken to two flats in suburban Bandra and Khar where he had allegedly spent some time with Sheena when they were seeing each other, they said.Rahul and Sheena were said to have been dating for over a year, which Mukherjea’s wife and the main accused, Indrani, did not like.Joint Police Commissioner (Law and Order), Deven Bharti, said, “We will also seek details from Reliance Metro officials about Sheena’s profile, which would give vital information related to the case.”  Sheena had taken leave of absence on April 24, 2012, and, while she was on leave, sent in her written resignation, MMOPL had said on Wednesday in its statement.”When Sheena had taken leave of absence on April 24 and was murdered on the same day, then this is very much clear that her resignation letter or email was sent by someone else,” said a police officer requesting anonymity.”We would be inquiring with Reliance Metro officials over what reasons were cited in her resignation and did she resign through email or by sending hard copy letter. Did MMOPL officials try to verify the resignation letter and contact Sheena’s next of kin to know about her resignation? What did the HR team of Reliance Metro do to make full and final settlement of Sheena’s job and what is the current status? These are few queries that we would be putting forth to officials apart from why did Metro not inform it to the nearest police station about Sheena suddenly going missing from her job,” the officer added.Meanwhile, Indrani’s former husband Sanjeev Khanna, who was arrested from Kolkata on Wednesday, will be produced in a court here on Thursday, police said. Khanna, a resident of Hastings Road area in Kolkata, was arrested from his friend’s flat in Alipore for his alleged involvement in the murder.Sheena was kidnapped from outside the National College in western suburbs of Mumbai. She came here from Assam in 1990s along with Indrani and completed BA Economics from St Xavier’s College.In June 2011, she got a job with Reliance Mumbai Metro but suddenly stopped coming to duty after some time, police said. In the same year, her Facebook account was deactivated.Police had unearthed remains of a decomposed body three years ago after villagers at Gagode in Pen tehsil complained of foul smell emanating from the area.According to Rakesh Maria, the victim was strangulated to death and her body set afire after pouring petrol. The murder took place on April 24, 2012, and the body was found by Raigad police on May 23, he said. Maria also said that Khanna is an accused in the case.Police also claimed that the former Star India CEO’s wife Indrani, 43, was present at the site in Raigad district where Sheena was killed. Now, they are also probing the honour killing angle.”Although the motive behind the murder still remains a mystery, we are probing all the angles as we strongly suspect honour killing in this case,” said a police inspector.As investigators dug deeper into the mystery of the death of the 24-year-old, a complex web of lies and relationships unravelled and it emerged that Sheena was Indrani’s daughter and not sister as maintained earlier.The victim is stated to be Indrani’s daughter from an earlier marriage with one Siddharth Das.Intriguing claims also came to light that Indrani had introduced her daughter and son to people as sister and brother. After the murder, she is also said to have claimed that Sheena had gone to the US for higher studies.last_img read more

7 Uses of Internal Company Videos That Can Boost Productivity and Collaboration

first_img Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global 4 min read Opinions expressed by Entrepreneur contributors are their own. By now, most organizations have a firm grasp on how to use video to market their brand, promote their products and connect with customers. But how can businesses leverage the power of video internally?A report from Forrester Research shows that 27 percent of firms planned to launch internally-focused enterprise video in 2013, up from 21 percent in 2010. What’s more, 75 percent of respondents of a video enterprise survey conducted by my company Kaltura said they felt that the integration of video into a company’s tools (email, social business, instant messaging, etc.) would play an important role in the near future.Related: Why Businesses Are Accelerating Investment in Video CommunicationsHere are seven ways to begin using video internally to improve productivity, collaboration and communication:1. Employee onboarding and trainingAbout 64 percent of respondents of the Kaltura survey are currently using video for training and onboarding, and for good reason. Using videos during the onboarding process and to train employees on new tasks can help improve knowledge and engagement while reducing costs.About 80 percent of respondents said that using video could make the onboarding process for new employees simpler, while 87 percent stated that using video helps train employees faster and cheaper.2. Recruiting new talentUsing video to recruit new talent can make the process easier and faster for the company and job-seekers alike. Video interviews help avoid the back and forth of scheduling, as well as travel costs.Video integration can also be used as an attractive selling point for new talent. According to a survey conducted by Cisco, 87 percent of young professionals tracked to become executives said that a company’s investment in video would influence their decision when considering otherwise equal job offers.           3. Internal communicationsA majority of respondents of the Kaltura survey said that video could have a positive impact on internal communications. Using video to make announcements, promote company initiatives and other regular interactions improves relationships between employees and executives and adds personality to stiff organizations, according to 80 percent of the survey participants.As the boundaries of business shift and industries become more global, video can serve as a tool to break down communication barriers with international team members. Among aspiring executives surveyed by Cisco, 94 percent said video can help overcome language barriers.Related: Though Few Have, Now Is the Right Time to Embrace Video Earnings Calls4. Video conferencingVideo conferencing and online meetings can connect team members working from different locations more effectively than the traditional audio conference call.  This is very valuable in today’s workplace where 92 percent of millennials want to work remotely and 87 percent want to work on their own clock, per a study by oDesk.According to 82 percent of respondents from the Kaltura survey, video improves collaboration and productivity among colleagues separated by location. To that end, 76 percent of respondents agreed that video provides a close second to in-person communication, much more so than written communications.The vast majority of respondents also emphasized the value of recording live videos for subsequent viewing on demand, so that, for example, team members won’t miss important information while traveling.5. Knowledge sharingParticipants of the survey said they felt that videos were most valuable for improving knowledge sharing (95 percent of respondents!). Through video, employees can effectively share best practices and how-to tutorials. Sharing employee-generated content not only improves learning, but also boosts creativity, empowers and engages employees, and fosters stronger relationships among team members.6. Event coverageUse live video streaming of events to bring together teams working from different locations, and to build an integrated company culture. Creating an internal video news portal will also help to keep everyone in the loop and to feel connected with executives and the organization as a whole.7. Video social networkAll of the aforementioned video experiences could and should be offered within existing online environments such as corporate portals, blogs, wikis, content-management systems, learning-management systems and social-business platforms. However, 70 percent of the participants of the Kaltura survey also saw value in having a standalone video portal, which would be home for all of the live and on-demand video content that would trickle there from all other environments.Such a portal for contributing, sharing of and consuming video encourages social interaction and networking, and is not surprisingly often referred to as a “CorporateTube.”Related: 7 Mistakes That Could Turn Your Corporate Video Into a Corporate Disaster Growing a business sometimes requires thinking outside the box. December 9, 2014 Register Now »last_img read more

SAP Cloud Platform is now generally available on Microsoft Azure

first_imgMicrosoft stated that its recent addition, SAP Cloud Platform is now generally on its Azure Platform. The SAP cloud platform enables developers to build SAP applications and extensions using PaaS development platform along with integrated services. With the SAP platform becoming generally available, developers can now deploy Cloud Foundry-based SAP Cloud Platform on Azure. This is currently available in the West Europe region and Microsoft is working with SAP to enable more regions to use it in the months to come. With SAP HANA’s availability on Microsoft Azure, one can expect: Largest SAP HANA optimized VM size in the cloud Microsoft would be soon launching an Azure-M series, which will support large memory virtual machines with sizes up to 12 TB, which would be based on Intel Xeon Scalable (Skylake) processors and will offer the most memory available of any VM in the public cloud. The M series will help customers to push the limits of virtualization in the cloud for SAP HANA. Availability of a range of SAP HANA certified VMs For customers who wish to use small instances, Microsoft also offers smaller M-series VM sizes. These range from 192 GB – 4 TB with 10 different VM sizes and extend Azure’s SAP HANA certified M-series VM. These smaller M-series offer on-demand and SAP certified instances with a flexibility to spin-up or scale-up in less time. It also offers instances to spin-down to save costs within a pay-as-you-go model available worldwide. Such a flexibility and agility is not possible with a private cloud or on-premises SAP HANA deployment. 24 TB bare-metal instance and optimized price per TB For customers that need a higher performance dedicated offering for SAP HANA, Microsoft now offers additional SAP HANA TDIv5 options of 6 TB, 12 TB, 18 TB, and 24 TB configurations in addition to their current configurations from 0.7TB to 20 TB. For customers who require more memory but the same number of cores, these configurations enable them to get a better price per TB deployed. A lot more options for SAP HANA in the cloud SAP HANA has 26 distinct offerings from 192 GB to 24 TB, scale-up certification up to 20 TB and scale-out certification up to 60 TB. It offers global availability in 12 regions with plans to increase to 22 regions in the next 6 months, Azure now offers the most choice for SAP HANA workloads of any public cloud. Microsoft Azure also enables customers, To extract insights and analytics from SAP data with services such as Azure Data Factory SAP HANA connector to automate data pipelines Azure Data Lake Store for hyper-scale data storage and Power BI An industry leading self-service visualization tool, to create rich dashboards and reports from SAP ERP data. Read more about this news about SAP Cloud Platform on Azure, on Microsoft Azure blog. Read Next How to perform predictive forecasting in SAP Analytics Cloud Epicor partners with Microsoft Azure to adopt Cloud ERP New updates to Microsoft Azure services for SQL Server, MySQL, and PostgreSQLlast_img read more

Swoop selects Navitaire as its new reservation system

first_img Share Travelweek Group Posted by Swoop selects Navitaire as its new reservation system << Previous PostNext Post >>center_img CALGARY — When agents start booking Swoop in early 2018, they’ll be doing so using Navitaire, the go-to reservation and retailing system for ultra-low-cost carriers (ULCCs) around the world.WestJet’s new no-frills carrier announced that it has selected tech company as its new reservation platform, a partnership that Bob Cummings, WestJet Executive Vice-President Strategy, says will help Swoop create the low-cost structure and ancillary capabilities needed to ensure its success.“Navitaire offers an easy-to-use reservation system, allowing the complete unbundling of products and services as well as enabling digital self-service,” he says. “We are giving the power to the customer to decide what they want to pay for and what they don’t –making the airline a truly affordable option for Canadians.”Navitaire offers industry-leading technology services to more than 50 airlines and rail companies worldwide, including many of the world’s most successful low-cost and hybrid airlines. It boasts a full suite of proven solutions focused on revenue generation and streamlining costs in the areas of reservations, ancillary sales, loyalty, revenue management, revenue accounting and business intelligence.More news:  Sunwing ready to launch Mazatlán-Quebec City direct this winter“We are delighted Swoop has selected Navitaire as its reservation platform,” says David P. Evans, Navitaire CEO. We are impressed with the team Swoop has assembled, its business model and market plans. Together, Navitaire and Swoop are a good fit, sharing DNA focused on combining advanced retailing with a digital-first, proven platform to help create and innovative, customer-centric business. We’re looking forward to watching Swoop’s success and future growth as they take the ULCC model to new heights.”Starting early 2018, Swoop will begin selling seats on its modern fleet of Boeing 737-800 aircraft. To stay up to date on job opportunities and launch plans, sign up at FlySwoop.com. Tags: Swoop Thursday, October 19, 2017 last_img read more

July 14 2017We are working on a project to improv

first_imgJuly 14, 2017We are working on a project to improve the area behind Unit 9 and 10 by adding ADA parking spaces. Here is a drawing from our planning department that shows the anticipated installation of a new permanent shade structure for the east facing entrances to Unit 10 and ADA Unit 9 of the East Crescent.[photos and text by Sue Kirsch]The crew is excavating for a u-shaped slab for wheelchair accessability.View of the areaA view taken from the Unit 8 staircase. In the background we can see camp and the agua fria river valley.Excavation and preparation is complete. The ground has been evened, rebar cut and installed on little blocks to keep it elevated. Here we see workshop participant Jesse Fernandez.More to come.last_img read more

Rep Franz welcomes granddaughter to State of the State address

first_img20Jan Rep. Franz welcomes granddaughter to State of the State address Categories: Featured news,News Tags: #SB, Franz, HD101, MISOTS16 center_img LANSING, MI – Onekama lawmaker State Rep. Ray Franz, right, welcomed granddaughter Meghan Franz, left, to the House chamber tonight to hear Gov. Rick Snyder’s State the State address.“It is a true blessing to have my granddaughter here with me tonight to share in this experience,” Rep. Franz said. “Like so many Michigan families across the state, family comes first and my family means everything to me. This is also a great opportunity for Meghan to see what her grandpa really does in Lansing. This will be the last address I attend in the House chambers as state representative and I couldn’t think of a better person I’d rather have at my side than Meghan.”Meghan Franz is originally from Toledo, Ohio and is currently a sophomore at Northwood University studying marketing and finance. “I am so grateful to be given the opportunity to attend the State of the State with my Grandpa,” Meghan said.  “He has served his constituents with dignity and integrity and I am so proud of him.”######last_img read more

Yuliana Slashcheva Russian broadcaster CTC Media h

first_imgYuliana SlashchevaRussian broadcaster CTC Media has teamed up with audience measurement specialist TNS Russia and technology provider Vi to offer advertising space based on measurement of audiences across both linear and digital domains.The new ratings tool – known as Big TV – will measure the non-linear viewership of all the Federal – nationally available – Russian channels that are currently measured by TNS Russia’s audience panel, but CTC Media said it would be the first to use the data provided to offer a new advertising product.Vi will use its ViMB ad sales system as the technology platform to sell advertising based on Big TV ratings.“We embarked on the strategy to build a content holding two and a half years ago. Today our products are everywhere our viewers are, including web, mobile, and Smart TV. CTC projects consistently have strong digital audience. Today the viewership of certain CTC projects on new platforms is comparable to their on-air viewership. Now our partners and advertisers will be able to understand the real audiences of CTC projects, and later of our other channels as well,” said Yuliana Slashcheva, CEO of CTC Media.Ksenia Achkasova, TV Audience Research Director, TNS Russia, said: “The technology landscape is changing, and so is the measurement methodology to ensure they fully match. The new measurement technology offers a more accurate evaluation of content audience regardless of particular screen, time or place of its consumption.”last_img read more