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Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins

Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins | Business News & Finance | Scoop.it
The funny part is that the signed document does not specify a single payment method, so Samsung is entitled to send the creators of the iPhone their billion dollars in the way they deem best. This dirty but genius geek troll play is a new headache to Apple executives as they will need to put in long hours counting all that money, to check if it is all there and to try to deposit it crossing fingers to hope a bank will accept all the coins.
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Sriracha Plant Mulls Move, Providing Valuable Lesson to Government Meddlers - Hit & Run : Reason.com

Sriracha Plant Mulls Move, Providing Valuable Lesson to Government Meddlers - Hit & Run : Reason.com | Business News & Finance | Scoop.it
"I have had the bad luck to move into a city with a government that acts like a local king." That’s what David Tran, founder of Huy Fong Foods and producer
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Amazon.com to collect sales tax in Florida

Amazon.com to collect sales tax in Florida | Business News & Finance | Scoop.it

If you like buying things tax-free on Amazon, you better hit the “Buy” button before May 1.

 

 

Amazon officials confirmed the massive online retailer will start collecting state sales taxes in Florida on that date, though some tax experts say Amazon will likely try to ease the jolt.

 

 

For years, items have been tax-free on Amazon for Florida customers, due to a loophole in commerce laws that let a company avoid collecting local sales taxes in states where it doesn't have a physical presence. Since Amazon (for now) doesn't have any operating warehouses in Florida, and the company uses FedEx and UPS to deliver packages, Amazon can sell tax-free in this state. That gave Amazon and its customers an automatic 7 percent discount within the City of Tampa compared to shopping at the mall, and an advantage over any online retailers like BestBuy or Macy's that did have a physical “nexus” in Florida.

 

 

That also means the same item effectively costs different amounts on Amazon, depending on where the buyer is — for instance California where Amazon has warehouses and collects local taxes, or Florida where it has no warehouses and does not. Unfortunately for Amazon this also added some added time for shipping items to Florida customers from Amazon fulfilment centers outside Florida, something the company has been working to reduce.

 

 

Now, Amazon is building two, gigantic warehouses in Florida, one in Lakeland and one in Ruskin that may also be a platform for Amazon to start delivering fresh groceries, as it does in several other U.S. markets. While declining to offer details, Amazon Spokesman Ty Rogers confirmed the retailer will be required to start collecting sales taxes on May 1.

 

 

It's widely expected Amazon will finish the Ruskin warehouse sometime late this year or early next. Though Amazon plans to use automated robots to help sort packages, both the company and the Governor have pledged the warehouse projects will add 1,000-plus jobs to the state, and Amazon officials claimed they would pay 30 percent more than typical retail jobs, plus stock options and other perks of Amazon employment.

 

 

 

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Zalora launches fashion marketplace in 3 countries

Zalora launches fashion marketplace in 3 countries | Business News & Finance | Scoop.it

If you’re looking for new channels to buy and sell fashion items, then Zalora has a new option for you. After announcing its plan for a marketplace for third-party merchants in January, the ecommerce company launched the platform yesterday in three countries: Indonesia, the Philippines, and Vietnam.

 

That marketplace launch adds thousands of new fashion items to Zalora’s own stock of men’s and women’s clothing. It could prove to be a boost for smaller fashion labels.

 

You can browse through the new marketplaces based on products, or filter by the sellers’ ‘boutiques’. Dominic Hoffman, the managing director of Zalora Indonesia, says that the Indonesian site now has about 1,500 products from 70 sellers in the marketplace section. In total, the Indonesian Zalora estore has over 35,000 fashion items. 

 

Zalora allows individual sellers to use its new platform but requires them to have a business permit once the merchant reaches a certain revenue threshold inside Zalora’s platform. Zalora takes commission from sales made by third-party sellers. It offers cash-on-delivery as a payment method inside its marketplace in Indonesia and the Philippines.

 

With over $100 million in funding, it looks like Rocket Internet-backed Zalora is gearing up for an IPO in the US in the future. 

Read more: Zalora launches fashion marketplace in 3 countries http://www.techinasia.com/zalora-launches-fashion-marketplace-3-countries/

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Google buys drone maker Titan Aerospace

Google buys drone maker Titan Aerospace | Business News & Finance | Scoop.it
Google announced Monday that it had acquired Titan Aerospace, a start-up founded in 2012 that makes high-altitude, solar-powered drones.
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Social Media Frequency: How Often to Post to Facebook, Twitter

Social Media Frequency: How Often to Post to Facebook, Twitter | Business News & Finance | Scoop.it
If guessing is required for finding the optimal frequency, then at least we can be making educated guesses. Here's our research on the ideal amount to post.
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Meet Sam Altman, Silicon Valley's 28-year old whiz kid

Meet Sam Altman, Silicon Valley's 28-year old whiz kid | Business News & Finance | Scoop.it
NEW YORK (CNNMoney) One of Sam Altman's fondest moments as a tech entrepreneur is the day he met Steve Jobs. It was 2008 and Altman had just presented his location tracking app, Loopt, at Apple's worldwide developer's conference. Altman, who was 23 at the time, dropped out of Stanford and moved to Mountain View to do what he's done best his whole life: hack, build, create.
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Trailer for Zach Braff's Kickstarter film is Zach Braffiest thing ever

Trailer for Zach Braff's Kickstarter film is Zach Braffiest thing ever | Business News & Finance | Scoop.it
If you like Zach Braff, you’ll love the trailer for Zach Braff’s new movie, starring Zach Braff as that character Zach Braff always plays, written and directed by Zach Braff. Funded via Kickstarter, Wish I Was Here is Braff’s follow-up to the 2004 Manic Pixie Dream Girl hit Garden State. It follows the story of a 35-year-old struggling actor as he tries to find meaning in his life, and is essentially the Zach Braffiest movie imaginable. Much as we like to avoid using the word “quirky,” it’s really the only way to describe the trailer for Wish I Was Here. Surrounded by an ensemble cast of white people plus Turk from Scrubs, Zach Braff goes wig shopping with his children, visits various picturesque natural locations, and sinks into a dream world where he’s an astronaut—all soundtracked by whimsical indie music, of course.
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9 Astounding Photoshop Transformations [VIDEOS]

9 Astounding Photoshop Transformations [VIDEOS] | Business News & Finance | Scoop.it
We've found nine incredible YouTube videos that walk you through the Photoshop transformation process.
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Sony Cyber-shot QX10 review - CNET

Sony Cyber-shot QX10 review - CNET | Business News & Finance | Scoop.it
The Sony Cyber-shot DSC-QX10 might be a fresh take on a point-and-shoot camera, but the design ends up being a bit more trouble than it's worth.
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NSA Said to Have Used Heartbleed Bug, Exposing Consumers - Bloomberg

NSA Said to Have Used Heartbleed Bug, Exposing Consumers - Bloomberg | Business News & Finance | Scoop.it
The U.S. National Security Agency knew for at least two years about a flaw in the way that many websites send sensitive information, now dubbed the Heartbleed bug, and regularly used it to gather critical intelligence, two people familiar with the matter said. The NSA’s decision to keep the bug secret in pursuit of national security interests threatens to renew the rancorous debate over the role of the government’s top computer experts. Heartbleed appears to be one of the biggest glitches in the Internet’s history, a flaw in the basic security of as many as two-thirds of the world’s websites. Its discovery and the creation of a fix by researchers five days ago prompted consumers to change their passwords, the Canadian government to suspend electronic tax filing and computer companies including Cisco Systems Inc. to Juniper Networks Inc. to provide patches for their systems.
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5 great tricks every Gmail user needs to know

5 great tricks every Gmail user needs to know | Business News & Finance | Scoop.it

Google changed the game when it launched Gmail almost exactly 10 years ago. The service offered a terrific minimal interface, plenty of storage and best of all, it was free. Gmail has evolved quite a bit since then, of course, and it now includes tons of new features that attempt to improve the user experience. Google has added so much to Gmail over the years, however, that there is probably a laundry list of great features that you don’t even know about.

We could spend all day running through Gmail’s various enhancements along with dozens of tips and tricks people might not know about, but it would be complete overkill and probably wouldn’t help anyone. Instead, Popsugar has compiled a nice list of five great tips and tricks that every Gmail user should know.

The first nifty function highlighted in this list is Gmail’s “Send and Archive” feature, which helps tremendously if your mission each day is inbox zero. This feature automatically moves conversations into Gmail’s archive as soon as you respond to an email. If anyone on the thread sends a new reply, the conversation will return to your inbox until you respond again, or until you archive it manually.

Next on the list is “Gmail Offline,” a great extension for Google’s popular Chrome browser that, in a way, turns the Gmail website into a desktop client. Each time a new email hits your Gmail inbox it will be cached so you can read it later with or without an Internet connection.

Popsugar also explains how to add emails to Gmail tasks, how to drag labels onto messages, and how to easily clear out old newsletter emails and unsubscribe from them.

For all the details, including simple step-by-step guides that explain how to take advantage of each feature, head over to the post linked below in our source section.

  
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How to Craft the Perfect Social Post [Infographic]

How to Craft the Perfect Social Post [Infographic] | Business News & Finance | Scoop.it
Looking to maximize the effectiveness of your social media posts? Look no further. Bookmark or print the handy infographic below from social-campaign company My Clever Agency and reference it anytime you get befuddled. Some things to keep in mind for each of the major social networks: Pinterest: Posts without human faces get repinned 23 percent more. YouTube: Make sure your file name reflects your clever title. Facebook: It’s okay to post after your business closes. Your audience may be more available. Twitter: Shortened links with Bit.ly get more retweets. Google+: Use full size images (800x600px) to stand out. Instagram: Use the rule of thirds. Put the subject of the photo in only two-thirds of the photo, it’s visually more appealing. Vine: Use a tripod to keep videos steady. Tumblr: “Like” and “Reblog.” Tumblr is built on community and this will get your name your blog out there. If you just post mindlessly, no one is going to find you. Be visible. Blogging: Keep blog posts between 500-800 words. Of course, what works for one company might not always work for another. The important thing is to experiment and see what works for your audience.
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Airlines nix limes as prices skyrocket

Airlines nix limes as prices skyrocket | Business News & Finance | Scoop.it
Some airlines say they're getting squeezed by a shortage of limes.

A spokesman for United Airlines, which is part of United Continental Holdings (UAL,Fortune 500), says the airline is currently flying with only 15% to 20% of its usual stock of limes.

 

"If the caterers are light on limes when they supply our flights, then we'll serve lemons," said Rahsaan Johnson. "We've asked them to continue to provide limes where available, but to cater more lemons until lime supplies normalize," he added.

 

Alaska Airlines is running into the same problem. It cut limes from the cocktail menu two weeks ago because they were getting so expensive.

"Apparently we go through 900 limes a day on flights, said Alaska Air spokeswoman Halley Knigge. "We're hoping to get them back on board when the case prices drop. We have not [had] any customer complaints. We've been serving lemons instead. "

 

The lime shortage stems from the combination of bad weather in Mexico, a top lime supplier, as well as the violent cartel conflicts in that country. Mexico supplied about 96% of the limes imported to the U.S. in 2012, according to the U.S. Department of Agriculture.

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Colorado retail pot sales see slight bump in 2nd month

Colorado retail pot sales see slight bump in 2nd month | Business News & Finance | Scoop.it

DENVER — In the second month of legalization, Colorado recreational marijuana sales showed a slight increase, according to state tax estimates.

The Colorado Department of Revenue released estimates on Tuesday, which showed that the retail pot industry in Colorado made about $3.5 million from medicinal and recreational marijuana sales in January — the number spiked slightly to $4.1 million in February.

Despite the increased revenue, Colorado legislators are hesitant when it comes to spending that money.

According to the Associated Press, the reason for this trepidation was because a large percentage of that increase stemmed from medical marijuana businesses, not additional sales. The sales taxes collected from retail pot during February yielded an increase of about $30,000, suggesting that the recreational market hasn’t grow significantly despite more dispensaries opening their doors.

In January, the state collected taxes from 59 retail marijuana shops. This number increased to 83 in February and, according to tax analysts, to 190 by the end of March.

Both Republican and Democratic lawmakers said they are wary of spending that money until they have more tax reports to look at.

Currently, next year’s state budget doesn’t take any pot taxes into account, said lawmakers. Rather, they have decided to look a separate bill regarding marijuana taxes.

Governor John Hickenlooper proposed the funds go towards youth safety programs as well as law enforcement training towards stoned-driver prevention and a project to study the effects of pot on expecting moms.

But, on Tuesday, legislators stressed they aren’t ready to start designating the funds derived from pot sales, at least not until they have more evidence that this will be a stable industry.

Members of the Joint Budge Committee said they want to give marijuana tax the same treatment as gambling taxes, by delaying spending the funds for a year.

The Committee continues to discuss how and when to spend marijuana sales on Thursday.

 
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Twitter shares take flight after key hire, acquisition

Twitter shares take flight after key hire, acquisition | Business News & Finance | Scoop.it
Shares of Twitter closed up nearly 12 percent Monday after the company said it was buying Gnip and announced a key hire from Google.
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Gefilte crisis: Whitefish shortage causes Passover woes 

Gefilte crisis: Whitefish shortage causes Passover woes  | Business News & Finance | Scoop.it

TRAVERSE CITY, Mich. — A shortage of whitefish in the Great Lakes region resulting partly from the winter deep freeze is coming at an inconvenient time for Jewish families: the Passover holiday, when demand is high because it's a key ingredient in a traditional recipe.

 

Markets in Chicago and Detroit were among those struggling to fill whitefish orders before the beginning of the eight-day celebration Monday evening, and a representative of a commercial fishing agency said the shortfall extended as far as New York.


"Everybody's pulling their hair out," said Kevin Dean, co-owner of Superior Fish Co., a wholesaler near Detroit whose latest shipment provided just 75 pounds of whitefish although he requested 500 pounds. "I've never seen it this bad this time of year."


The dish that inspires such angst is gefilte fish, which somewhat resembles meat loaf or meatballs. Recipes handed down for generations vary but typically call for ground-up fish and other components such as onions, carrots, eggs and bread crumbs. Other fish such as cod, pike and trout are sometimes a part of the mix, but whitefish is especially popular.


Read more: http://www.nydailynews.com/life-style/eats/gefilte-crisis-whitefish-shortage-passover-woes-article-1.1756897#ixzz2yyfLSgPC

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Franken calls merger between Comcast-Time Warner a 'disaster'

Franken calls merger between Comcast-Time Warner a 'disaster' | Business News & Finance | Scoop.it

Sen. Al Franken (D-Minn.) said Sunday that Comcast's plans to purchase Time Warner Cable would harm competition and raise prices in cable television and broadband internet.

Franken, one of Capitol Hill's most vocal opponents of the merger, did not mince words in describing his opposition to CNN's Brian Stelter.



Read more: http://thehill.com/blogs/hillicon-valley/technology/203431-franken-blasts-comcast-merger#ixzz2ysvbfGSz ;
Follow us: @thehill on Twitter | TheHill on Facebook

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Love and Hostages - The Movie - via @kickstarter

Two strangers have a one-night stand and awaken to realize that they are trapped together due to a police lock-down on the building.
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Thanks to 3-D Printing, Getting a Tattoo Will Never Be the Same

Thanks to 3-D Printing, Getting a Tattoo Will Never Be the Same | Business News & Finance | Scoop.it
Three French students transformed a 3-D printer — a MarkerBot Replicator 3-D printer, to be exact, (price tag: less than $3,000) — into a tattoo machine. We can now officially add "gives tattoos" to the ever-growing list of things 3-D printers are capable of. The three French design students' 3-D tattoo plan was motivated by a workshop hosted by ENSCI les Ateliers, a famous design school in Paris, which invited paricipants to spend one day (eight hours) transforming something in the public domain into another use entirely. While many of the participating teams came up with pretty similar ideas, this team opted to hack a 3-D printer into a tattoo artist. By the end of the eight allotted hours, they had figured out how to get a desktop 3-D printer to trace on skin, but they weren't done with the project and wanted to make these tattoos real. They kept working.
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First marijuana vending machine for consumers unveiled in Colorado

First marijuana vending machine for consumers unveiled in Colorado | Business News & Finance | Scoop.it
Vending machines that serve up pot have existed for some time, but up until now have only lived behind counters at medical marijuana dispensaries. Now, the very first weed vending machine that...
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Distracted driving: PBSO conducting 'traffic enforcement initiative' Friday

Distracted driving: PBSO conducting 'traffic enforcement initiative' Friday | Business News & Finance | Scoop.it
The Palm Beach County Sheriff's Office is giving drivers a fair warning that they will be conducting a “traffic enforcement initiative” on Friday.
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UNBELIEVABLE: Internet Advertising Revenues Outshines TV Spending!

UNBELIEVABLE: Internet Advertising Revenues Outshines TV Spending! | Business News & Finance | Scoop.it
Move over Super Bowl Sunday, there’s a new king in town and they’re wired for success! For the first time in history United States Internet advertising revenues have surpassed broadcast television advertising revenues by over 2 Billion USD.
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'Blood moon' will be a sight to behold during total lunar eclipse

'Blood moon' will be a sight to behold during total lunar eclipse | Business News & Finance | Scoop.it

CNN) -- Prophecy loves signs from the heavens, and they will deliver Tuesday with a moonlight spectacle.

What will happen could sound sort of like this:

The moon will turn to blood as it aligns with Earth and sun 
Then do so thrice more ere a year and a half is done, 
'Tis not the herald of the apocalypses 
Just the first of four total lunar eclipses.

In other words, get ready for an unusually beautiful moon to grace the night skies next week. There will be a total lunar eclipse Tuesday that will turn the moon a burnt reddish orange, NASA says.

It's called a blood moon, and this one is just the first in a series of four consecutive total eclipses.

Within a year and a half, North America will be able to see a blood moon a total of four times. The moon takes on this color during the eclipse as it passes through the Earth's shadow, which is the color of a desert sunset.

The four blood moons will occur in roughly six-month intervals on the following dates: April 15, 2014; October 8, 2014; April 4, 2015, and September 28, 2015.

With that frequency, one might be misled into thinking that they are commonplace.

There are about two lunar eclipses per year, NASA says. Some of them -- penumbral eclipses -- are so subtle, they are vaguely visible and go greatly unnoticed.

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Here's The Absolute Simplest Way To Protect Yourself From Heartbleed

Here's The Absolute Simplest Way To Protect Yourself From Heartbleed | Business News & Finance | Scoop.it

It's been two days since the world was alerted to the super-scary Heartbleed bug, which allows hackers to snoop on your passwords and credit card numbers on many of the Internet's most popular websites.

 

You have probably heard by now that you should change your passwords to all of the cloud services that you use. Maybe you've done that. Maybe you haven't.

The truth is, changing your passwords might not be enough to protect you. If a site has the bug, it is baked into the software used by the website (software known as OpenSSL). If the owners of that site haven't fixed the website, then your new password is just as exposed as your old one.

Luckily, there is a Chrome browser extension you can use to check sites for Heartbleed vulnerability before you use them.

Sites such as Yahoo, Google, Tumbler, Flickr were all affected, have all fixed their websites and recommended you change your password. So does Facebook, Mashable reports.

But some 368 cloud providers are still using the buggy software, says security firm Skyhigh Networks, who scanned hundreds of popular cloud services last night testing for the bug. Skyhigh hasn't made that list public, though it has alerted all of the cloud providers.

 



Read more: http://www.businessinsider.com/chrome-add-on-protects-from-heartbleed-2014-4#ixzz2ybEdsDgW

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Sriracha hot sauce production declared public nuisance by California city

Sriracha hot sauce production declared public nuisance by California city | Business News & Finance | Scoop.it

The hot sauce apocalypse looms again. Officials in California have declared the production of sriracha, the wildly popular chili sauce, a public nuisance because of the smell.

Irwindale's city council voted unanimously on Wednesday night to give the manufacturer an ultimatum to reduce the odour itself or have officials march in and do it themselves.

There is no immediate risk of shutdown but foodies who declared “srirachocalypse” last November after a court-ordered Huy Fong Foods to partly shut down bristled anew over the latest threat.

“They can't do this,” tweeted @ishak777. “Blasphemy!” wailed another. Sriracha is so beloved it has spawned T-shirts, a documentary, a cookbook and a food festival.

The council determined that the spicy odour had caused a problem for residents in the industrial town east of Los Angeles. Some have complained of headaches and sore throats and demanded the plant's closure. Air quality officials said they had received 69 complaints in recent months.

The company's attorney promised that Huy Fong Foods would have an action plan within 10 days and a system to control the smell operational by June, when it traditionally starts grinding chili peppers.

Representatives from the South Coast Air Quality Management District said its inspectors had visited the factory and would work with the company to curb the smell.

“We have shared the results of our air sampling with both Huy Fong Foods and the city of Irwindale and believe that the information we have gathered should allow Huy Fong Foods and the city of Irwindale to resolve their differences,” a spokesperson, Tina Cox, told reporters.

The company, founded by a Vietnamese businessman, David Tran, processes about 45,000 tonnes of chili pepper per year and produces about 200,000 bottles daily.

Fans say the paste of chili peppers, distilled vinegar, garlic, sugar and salt, named after the Thai city of Si Racha, transforms and enriches dishes for those who can stand the heat.

Many vowed to stockpile last November after the court ordered a partial shutdown. One would-be entrepreneur offered a pack on eBay for $10,000.

The company defiantly strung a banner outside its facility stating “No tear gas made here,” a reference to complaints about stinging eyes and throats.

Tran said any ban could trigger bankruptcy or force the company to move. In fact the company never ceased operating because the smelliest phase of production – chili grinding – happens over summer and autumn.

In February Irwindale gave the Huy Fong Foods, which last year earned $60m in revenue, six weeks to conduct testing along with air quality officials.

Wednesday night's vote, which was live tweeted by the Pasadena Star News, renewed the pressure but gave breathing space for a solution. The council was expected to give the company a 90-day deadline.

The dispute is an unexpected twist to what had been a runaway success story. Tran, 68, was an officer in South Vietnam's army who fled with his family to the US after communist North Vietnam took over the country.

Jobless but with a passion for hot sauce, he started making his chili concoction in a bucket and delivering it by van around San Gabriel valley, outside LA. He named his company Huy Fong Foods after the freighter he sailed in from Vietnam.

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