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An Energy Lifeline: Fracking a Game-Changer for U.S. Economy

An Energy Lifeline: Fracking a Game-Changer for U.S. Economy | Business News & Finance | Scoop.it
The natural gas boom in the United States could change the global energy picture — and life for the people of southwestern Pennsylvania.
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Hollywood Police Department is distributing SmartWater kits in select neighborhoods in Hollywood

Hollywood Police Department is distributing SmartWater kits in select neighborhoods in Hollywood | Business News & Finance | Scoop.it
Hollywood residents who want another tool in protecting their property from burglary will now have one. The Hollywood Police Department is introducing...
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The 'White Widow' is training female suicide bombers for ISIS

The 'White Widow' is training female suicide bombers for ISIS | Business News & Finance | Scoop.it
A British housewife-turned-terrorist known as the “White Widow” is training an all-woman army of suicide bombers for ISIS, it was reported Sunday. Samantha Lewthwaite, whose husband blew himself up...
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ISIS Cuts Art, Music, and History Education in Iraq

ISIS Cuts Art, Music, and History Education in Iraq | Business News & Finance | Scoop.it
The school year began September 9 ISIS-occupied Mosul, Iraq, where extremists have eliminated art, music, history, and literature from the curriculum.
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Is Snapchat a Business Tool? Yes.

Is Snapchat a Business Tool? Yes. | Business News & Finance | Scoop.it
Snapchat is a business tool because in today's business and communications environment, nearly everything is a tool. Or at least it should be.
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UAE’s First Female Fighter Pilot Led Mission Against ISIS

UAE’s First Female Fighter Pilot Led Mission Against ISIS | Business News & Finance | Scoop.it
Major Mariam Al Mansouri, 35, was confirmed to be the leader of the Emirati wing assigned to take part in strikes against ISIS.
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Facebook killer called Ello gets the timing right

Facebook killer called Ello gets the timing right | Business News & Finance | Scoop.it
Sign-ups soar as users flock from other social networks, writes Therese Poletti.
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Eric Holder To Step Down As Attorney General

Eric Holder To Step Down As Attorney General | Business News & Finance | Scoop.it
The nation's first black U.S. attorney general had a tumultuous tenure marked by civil rights advances, national security threats, sentencing reforms and battles with congressional Republicans.
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Why I’m occupying a boarded-up east London council house

Why I’m occupying a boarded-up east London council house | Business News & Finance | Scoop.it
Jasmin Stone: A group of local mothers are squatting next to London’s Olympic Park to tell the government we need social housing, not social cleansing
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CDC owns patent on Ebola virus; agency to collect royalties on all future Ebola vaccines

CDC owns patent on Ebola virus; agency to collect royalties on all future Ebola vaccines | Business News & Finance | Scoop.it
As the Ebola crisis rages on, details about who the stakeholders are in this global disease operation have emerged -- and yes, the U.S. government is one of them. Dave Hodges from The Common Sense Show reports that none other than the Centers for Disease Control and Prevention (CDC), the Department of Defense (DoD) and Monsanto all stand to gain from this manufactured Ebola crisis and the vaccines that were already being developed for it nearly 10 years ago. In the second part of a three-part series on Ebola, Hodges warns that mandatory vaccinations are definitely on the agenda, with the CDC expected to generate large returns on investment for each one administered. The agency apparently owns the patent not only on the original Ebola strain, as it was supposedly "discovered" back in the 1970s, but also on all future Ebola strains that might emerge in the future. Learn more: http://www.naturalnews.com/046941_Ebola_virus_patents_vaccines.html
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Why Microsoft bought Minecraft: To lure kids to science, Nadella says

Why Microsoft bought Minecraft: To lure kids to science, Nadella says | Business News & Finance | Scoop.it

hat’s a little different than the tack Xbox chief Phil Spencer took when blogging his own reasons for buying Mojang—which, as he also pointed out, became the top online game on Xbox Live, with over two billion hours played on Xbox 360 in the last two years. 

“At Microsoft, we believe in the power of content to unite people,” Spencer wrote. “Minecraft adds diversity to our game portfolio and helps us reach new gamers across multiple platforms.”

And for his part, Markus “Notch” Persson explained that selling Minecraft was about his “sanity.” 

Let’s be clear—Minecraft certainly can be considered a learning tool. Although the whole point of the game is simply to survive, explore, and craft, a “free building” mode has allowed dedicated designers to create wonderful things: a working “hard drive,” computer, and more. In that regard, Minecraft is indeed a platform to allow kids free rein to express themselves creatively in a true “sandbox”—far more than other open world “sandbox” games like, say, Grand Theft Auto or the Assassins Creed series. And yes, it does straddle the PC, Xbox, Android and eventually Windows Phone.

But $2.5 billion for a game—and not even the most popular game, at that. On the PC, Raptr reported that a whopping 20.55 percent of all hours PC gamers spent in August were spent playing League of Legends, then World of Warcraft, then Defense of the Ancients 2 (DOTA2), followed by Counter-Strike. Minecraft clocked in at 7th, at just 2.24 percent of time played. Though Minecraft and Raptr's audiences probably don't overlap to an overwhelming degree—it's hard to imagine 10-year-olds signing intoRaptr before launching Minecraft—skeptics are going to say that Minecraft is slowly fading from the PC.

Yes, Microsoft can use Minecraft as an envoy to other platforms. And Brad Chacos has some good ideas about how Microsoft can do that. But even with more than $85 billion in cash on hand, it’s just mind-boggling. $2.5 billion for Minecraft. $2.5 billion for Minecraft. Even a day later, it’s still hard to process

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Want to buy into Alibaba IPO? Caveat emptor

Want to buy into Alibaba IPO? Caveat emptor | Business News & Finance | Scoop.it

Investors who buy the new U.S.-listed shares of Alibaba when they start trading on Friday, won’t really be buying a piece of the Chinese online retail giant. They will actually be buying a piece of a North American island country, that just has a right to Alibaba’s profit.

Here’s a wrap of things investors should be aware of before they buy into Alibaba’s initial public offering, which could be the biggest in history:

• Chinese law forbids foreign ownership of strategic assets in the country. Instead, those who buy into Alibaba’s initial public offering will only own stakes in a “variable-interest entity,” registered in the Cayman Islands, that has a contract to share in Alibaba’s BABA, +0.00%   profit.

• Given the VIE structure, Alibaba’s key assets will be controlled by its founders, Jack Ma and Simon Xie. So, as the famed Mark Mobius, head of emerging market investments at Franklin Templeton, warned in a CNN Money interview, those who buy the U.S.-listed shares would have little or no influence on management.

• Most IPOs have a lockup period, which means wholesale-buyers of the company’s shares have to wait usually several months before they sell their stock. But about a third of Alibaba’s IPO shares, worth about $8 billion, aren’t locked up, so they can be sold once they start trading on Friday.

• With retail investors basically being shut out of Alibaba’s IPO, those looking to get into the hot new stock may scramble to buy as soon as the bell sounds. That could drive up the price of the stock once it starts trading, said Adam Perlaky, chief strategist at New Albion Partners, which in turn could give insiders who have shares that aren’t locked up an opportunity to sell.

• Those who buy into Alibaba shares won’t be able to hedge, or protect against a decline, by purchasing options for more than a week. Perlaky said options on the new stock aren’t likely to be listed until Sept. 29.

• S&P Dow Jones Indices said late week that Alibaba will be assigned a “China” domicile, so the shares can’t be included in the S&P 500 index, which requires a U.S. domicile. That means fund managers who track the benchmark index have no need to buy the shares.

• Alibaba has not yet demonstrated that it can be as successful in the wide open, international arena as it is in China, where domestic companies are favored over international companies, said Global Equities Research analyst Trip Chowdhry, as Google GOOGL, +0.42% Facebook FB, +0.60%  and Twitter TWTR, +1.10%  are all banned in China.

That said, institutional interest in Alibaba’s IPO has been very high. Wedbush Morgan analyst Gil Luria placed an outperform rating and 12-month price target of $80 on the stock, more than a week before it was slated to start trading, saying it offers “one of the most compelling combinations of size, growth and profitability on a global basis.”

But does it really? Caveat emptor.

 

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Tina Dupree, The Chicken Lady

Tina Dupree, The Chicken Lady | Business News & Finance | Scoop.it

Dr. M. Tina Dupree, "The Chicken Lady," connects with her audiences by giving an exciting, motivational and informative performance that will keep you on the edge of your seat.

Tina worked for 12 years in one of the highest level positions for a major fast food chain (the second largest chicken restaurant chain in the world) as their Director of Community Relations and Training. Because of her community involvement, she has lovingly been given the tag as "THE CHICKEN LADY."

 

When Tina resigned her position with the corporation to start her own business, the fast food restaurant chain hired her and retained Tina as their spokesperson and community representative. She has presented programs for numerous corporations, organizations, high schools, universities and religious institutions. Her 15 years of corporate and speaking experience has given Tina the knowledge and expertise in her topic areas that continually captivates her audiences as she presents as a keynote speaker or trainer.

Tina Dupree offers quality customized workshops, seminars, and keynotes. Her programs are especially designed for small and large businesses, organizations, educational institutions and church groups.  Her thought provoking techniques challenges the audience to immediately take ownership and transfer these ideas their workplace or personal lives.

 

Tina Dupree was invited to meet President Bush in the Oval Office due to her efforts to raise the educational standards in her community.

In honor of Dr. Dupree, President Bush proclaimed November 4th as "National Chicken Lady Day!"

Her monthly radio program features issues and concerns of the afrocentric community.  Special guests include prominent business owners, authors, speakers, consultants, corporate representatives and religious leaders.

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'Django Unchained' Actress Describes LAPD Handcuffing

'Django Unchained' Actress Describes LAPD Handcuffing | Business News & Finance | Scoop.it

Actress Daniele Watts said she feels "humbled" after recently being handcuffed and detained by Los Angeles police.

The incident in the Studio City neighborhood of Los Angeles last week followed a 911 call for alleged "indecent exposure" involving a male and a female inside a silver Mercedes with the vehicle door open.

Photos and video of the incident surfaced over the weekend.

Watts gave her version of the events as she sat beside her partner, celebrity chef Brian Lucas, this morning on CNN.

"The police show up. I am outside of the car talking to my dad on the phone," she said. "He speaks to Brian and asks Brian for my ID."

Watts, featured in movies such as "Django Unchained" and TV shows such as "Partners," said she didn't offer the identification right away because she felt she had done nothing wrong and the officer didn't ask her directly for it.

"I believe in America and what it stands for," she said.

 

Lucas said he believed the incident, which happened after 3 p.m. on Thursday, was race-driven. Watts is black and he is white.

However, Watts said, "It's beyond race at this point."

"The only reason I suspected that [it was race related]," he said, "is in the beginning he came up, said, 'black and white couple.' ... [The officer] brought that up."

Unlike Watts, Lucas was not handcuffed. Lucas posted a video of the incident to his Facebook page last week.

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'That's not my son': Family apologizes, defends Oklahoma beheading suspect Alton Nolen

'That's not my son': Family apologizes, defends Oklahoma beheading suspect Alton Nolen | Business News & Finance | Scoop.it
The mother of an Oklahoma murder suspect who allegedly beheaded a co-worker has apologized for his crimes, asking for strangers to pray for her family as she defended her kin.
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Kidnapped By ISIS, One Woman Tells How She Saved Her Sisters

Kidnapped By ISIS, One Woman Tells How She Saved Her Sisters | Business News & Finance | Scoop.it
Last month, ISIS terrorized a village, slaughtering the men and kidnapping the young women to force into marriages. On young woman's sisters gave her the courage to escape.
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President Obama admits U.S. 'underestimated' ISIS' strength — but knocks other superpowers for failure to act

President Obama admits U.S. 'underestimated' ISIS' strength — but knocks other superpowers for failure to act | Business News & Finance | Scoop.it
President Obama admitted Sunday that U.S. intelligence underestimated the threat that ISIS posed, and its rapid rise across Iraq and Syria.
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Alton Nolen's Facebook Page Depicted Beheading a Month Before Release from Probation

Alton Nolen's Facebook Page Depicted Beheading a Month Before Release from Probation | Business News & Finance | Scoop.it
Alton Nolen, the man authorities believe is responsible for a brutal beheading in Moore, Oklahoma Thursday, posted an image which seemed to justify beheading on his Facebook page earlier this year.
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Apple stock dinged $23B since iPhone 6

Apple stock dinged $23B since iPhone 6 | Business News & Finance | Scoop.it
Plagued with allegations of hardware that's a little too bendy for its newest iPhone and a problematic software update, shares of Apple are bending.
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U.S. stocks on track for steepest drop in months

U.S. stocks on track for steepest drop in months | Business News & Finance | Scoop.it
U.S. stocks slump, led by Apple and the tech sector, and the S&P 500 moves under a key level for chart watchers.
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We Need #YesAllWomen Now More Than Ever Before

We Need #YesAllWomen Now More Than Ever Before | Business News & Finance | Scoop.it
We are living in the year 2014 and we are still fighting for equality between men and women. We are still fighting for equal rights and equal pay. Women should not have to feel afraid to walk alone at night.
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Apple Is Reportedly Shutting Down Beats Music After Buying It for $3 Billion

Apple Is Reportedly Shutting Down Beats Music After Buying It for $3 Billion | Business News & Finance | Scoop.it
appears the beat doesn't go on. TechCrunch reports that Apple will soon ax Beats Music, the streaming music service Apple bought for a mind-boggling $3 billion in May. The writing was on the wall for Beats Music. The report notes that "many engineers" from Beats Music have already shifted duties to other projects within the company, like iTunes. Observers noted that the new family of iPhones released earlier in September don't come preloaded with the Beats Music app, and that CEO Tim Cook has rarely mentioned his big buy since the acquisition was announced. An Apple spokesman told Recodethat the report is "not true," but didn't elaborate. Recode adds that the streaming service won't shutter but instead "modify over time." Although the brand name might be sent to the corporate graveyard, the guts of Beats Music won't. Business Insider notes that the hardware aspect of Beats (i.e., those clunky headphones athletes love) will stick around for the long haul, likely incorporated into iTunes and iTunes Radio.
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COMMITTEE FOR EFFICIENT GOVERNMENT’S EFFORTS IN COMBATING IDENTITY THEFT-BASED TAX REFUND FRAUD

COMMITTEE FOR EFFICIENT GOVERNMENT’S EFFORTS IN COMBATING IDENTITY THEFT-BASED TAX REFUND FRAUD | Business News & Finance | Scoop.it
BELOW ARE TWO FORM LETTERS WHICH CFEG HAS GENERATED IN ITS EFFORTS TO COMBAT IDENTITY THEFT-BASED TAX REFUND FRAUD. Letter #1 Re: Identity Theft-Based Tax Refund Fraud Dear Senator or Congressman: The Government Accountability Office (GAO) recently prepared a report on November 29, 2012 titled, Identity Theft, Total Extent of Refund Fraud Using Stolen Identities is Unknown. This report found, among other things, that the IRS does not know the full extent of the occurrence of identity theft. While the IRS has made significant efforts to resolve, detect, and prevent identity theft-based fraud, the problem still exists and is continuing to grow. According to the GAO’s report, as of September 30, 2012, the IRS had identified almost 642,000 incidents of identity theft that impacted tax administration in 2012, a significant increase over prior years. This figure did not include incidents related to the “Operation Mass Mail” scheme in which identity thieves used stolen identities of Puerto Rican citizens. The IRS reported that as of September 30, 2012 436,000 incidents occurred as a result of the scheme. The GAO report acknowledged that the IRS has taken multiple steps to detect, resolve, and prevent identity-theft based tax refund fraud. For example, new filtering processes in 2012 were implemented which detect identity theft based on the characteristics of incoming tax returns. The IRS also uses the Identity Protection Personal Identification Number (IP PIN), sent to victims of identity theft. However, while these and other tools are necessary in the ongoing war on identity-theft based tax refund fraud, it is absolutely critical that the IRS commit and allocate most, if not all, existing and available resources now (including IRS personnel) to prevent identity theft-based tax refund fraud between the months of January, 2013 and April, 2013. This period represents the height of the 2013 tax season and most incidents of identity theft-based tax refund fraud will occur during this period of time. On behalf of Committee For Efficient Government, LLC, we would request that your office send the form letter attached or a letter similarly worded requesting that the IRS commit and allocate most, if not all, existing and available resources now (including IRS personnel) to prevent identity theft-based tax refund fraud between the months of January, 2013 and April, 2013. Sincerely, ———————————————————————– Letter #2 Senator or Congressman Washington, DC 20510 Steven T. Miller Commissioner of Internal Revenue Department of the Treasury 1500 Pennsylvania Avenue, N.W. Washington, DC 20004 Re: Identity Theft-Based Tax Refund Fraud Dear Mr. Miller: The Government Accountability Office (GAO) recently prepared a report on November 29, 2012 titled, Identity Theft, Total Extent of Refund Fraud Using Stolen Identities is Unknown. This report found, among other things, that the IRS does not know the full extent of the occurrence of identity theft. While the IRS has made significant efforts to resolve, detect, and prevent identity theft-based fraud, the problem still exists and is continuing to grow. According to the GAO’s report, as of September 30, 2012, the IRS had identified almost 642,000 incidents of identity theft that impacted tax administration in 2012, a significant increase over prior years. This figure did not include incidents related to the “Operation Mass Mail” scheme in which identity thieves used stolen identities of Puerto Rican citizens. The IRS reported that as of September 30, 2012 436,000 incidents occurred as a result of the scheme. In the table below, tax-related identity theft incidents, identified by the IRS between 2008 and 2012, show that the problem is a large and growing one: Incidents 2008 47,730 2009 165,524 2010 147,680 2011 242,142 2012 641,690 The GAO report acknowledged that the IRS has taken multiple steps to detect, resolve, and prevent identity-theft based tax refund fraud. For example, new filtering processes in 2012 were implemented which detect identity theft based on the characteristics of incoming tax returns. The IRS also uses the Identity Protection Personal Identification Number (IP PIN), sent to victims of identity theft. However, while these and other tools are necessary in the ongoing war on identity-theft based tax refund fraud, it is absolutely critical that the IRS commit and allocate most, if not all, existing and available resources now (including IRS personnel) to prevent identity theft-based tax refund fraud between the months of January, 2013 and April, 2013. This period represents the height of the 2013 tax season and most incidents of identity theft-based tax refund fraud will occur during this period of time. Please let me know what steps will be taken effective January, 2013. Sincerely, Senator or Congressman
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Microsoft to buy Minecraft maker Mojang for US$2.5bil - Tech News | The Star Online

Microsoft to buy Minecraft maker Mojang for US$2.5bil - Tech News | The Star Online | Business News & Finance | Scoop.it
Microsoft Corp has agreed to acquire the Stockholm-based developer of the wildly popular Minecraft videogame for US$2.5bil (RM8.1bil), as it tries to lure a new and mostly young audience into its mobile world.
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Bayer Claims FTC Trying to Hold Probiotic Supplement to Drug Standard

Bayer Claims FTC Trying to Hold Probiotic Supplement to Drug Standard | Business News & Finance | Scoop.it
A probiotic supplement marketed by Bayer, Phillips’ Colon Health, claims it is effective against occasional constipation and diarrhea, as well as gas and bloating, despite the fact that the company “fails to possess any competent and reliable...
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3 Ways to Boost your Startup

3 Ways to Boost your Startup | Business News & Finance | Scoop.it
Let's start with a simple truth: three out of four startups are destined to fail. The scariest thing is, the line between success and failure is a fine one.
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