Saturday, 11 May 2013

After the breakup in a digital world: Purging Facebook of painful memories

May 9, 2013 ? The era is long gone when a romantic breakup meant ripped-up photos and burned love letters. Today, digital photos and emails can be quickly deleted but the proliferation of social media has made forgetting a bigger chore.

What about the ubiquitous digital records of a once beloved that lurk on Facebook, tumblr, and flicker?

"People are keeping huge collections of digital possessions," says Steve Whittaker, a psychology professor at UC Santa Cruz who specializes in human-computer interaction. "There has been little exploration of the negative role of digital possessions when people want to forget aspects of their lives."

In a paper, "Design for Forgetting: Disposing of Digital Possessions after a Breakup," Whittaker and co-author Corina Sas, of Lancaster University, examine the challenges of digital possessions and their disposal after a romantic breakup. Sas worked on the research as a visiting professor at UCSC.

Pervasive collections

Digital possessions include photos, messages, music, and video stored across multiple devices such as computers, tablets, phones, and cameras. Their pervasiveness "creates problems during a breakup, as people 'inhabit' their digital space where photos and music constantly remind them about their prior relationship."

In interviews with 24 young people between the ages of 19 and 34, Whittaker and Sas found that digital possessions after a breakup are often evocative and upsetting, leading to distinct disposal strategies. Twelve of the subjects were deleters; eight were keepers, and four others were selective disposers.

They presented their findings last week in Paris at the Association for Computing Machinery Conference on Human Factors in Computing Systems, the premier international conference on human-computer interaction, with more than 3,300 attendees. The paper will be published in the conference proceedings.

Some of the heartbroken may want to forget but are "extremely resistant to actual deletion," Whittaker and Sas found, most often the "dumpees." Others later regret disposing of everything.

Disposal is made more difficult today because "digital possessions are in vast collections spread across multiple devices, applications, web-services, and platforms," they write. "When the relationship is good, this promotes a rich digital life. But when it sours ? people have to systematically cull collections across multiple digital spaces."

Untagged but not deleted

Facebook photos can be untagged but not deleted if posted by someone else. "It's time consuming and emotionally taxing because people tend to re-engage with possessions, especially photos," they note.

Some of the initial tactics encountered: changing one's relationship status to "single," immediately unfriending or blocking ex-partner's access to ones' profile.

Whittaker and Sas propose that software solutions might help scrub cyberspace of painful memories, for instance automatic "harvesting" using facial recognition, machine learning or entity extraction. Or a holding pattern until a cooler head prevails.

"A lack of disposal tools meant most participants either kept, or disposed of everything," they said. "Keepers took longer to heal, disposers often regretted their impulsiveness."

'Pandora's Box'

The authors propose a "Pandora's Box" that could automatically scoop up all the digital artifacts of a relationship, put them in a single place for later strategic deleting or retention. Or a trusted friend could be put in the position as a gatekeeper.

Or there could be new tools for active selection from collections of digital possessions to create a "treasure chest" of valuable items that may be retained for later happy memories.

Whittaker joined UCSC in 2011. He was previously a professor in information retrieval at the information studies department at the University of Sheffield. He has also been a research scientist at HP Labs, Lotus, AT&T Labs, and IBM. His research was supported by a grant from Google.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/most_popular/~3/eLCI80Ai_fY/130509154550.htm

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Friday, 10 May 2013

Analysis: To hedge inflation, property trusts are the new gold

By Nishant Kumar and Elzio Barreto

HONG KONG (Reuters) - As central banks print cash to boost moribund economies, investors in Asia wanting to hedge against rising prices are dumping gold and doubling down on property.

They are driven by the search for yield as surprisingly benign inflation dims the appeal of bullion, but it's a risky play given lofty valuations for real estate.

The trend is most visible in the frenzy around real estate investment trusts (REITs) in Asia, where issuance ex-Japan more than quadrupled to $4.33 billion through early May from the same period last year and valuations are at their highest since before the 2008 financial crisis.

"I have been saying for the last two years that REITs are a good inflation hedge," said Charlie Chan, one of the best-known hedge fund managers in Asia, who made a killing by betting on them in 2012.

"They are easier to value, you get what you see and you own the building and if there is inflation, the building price will just go up," added Chan.

His $200 million hedge fund returned 63 percent last year and is up a further 35 percent in 2013. Asia hedge funds, by comparison, returned 10 percent last year and are up about 9 percent this year, according to Eurekahedge figures.

REITs such as Cambridge Industrial Trust made up more than half his portfolio at one point last year, Chan said.

Since REITs hold various kinds of properties, from factories to shopping malls and hotels, they benefit from higher rents when economies boom and prices rise.

Unlike gold, which doesn't pay any dividend, REITs also provide a steady flow of income. Yields for REITs in Asia stand at 4.4 percent on average, according to data from StarMine.

Spot gold fell 13 percent this year to May 7. By comparison, the MSCI Asia Pacific REITs index rose 14 percent, according to data from Thomson Reuters Datastream.

"Yield-hungry investors are increasingly being squeezed out of the sovereign bond markets by central bankers everywhere," said David Baran, co-founder of hedge fund Symphony Financial Partners in Tokyo. "REITs are an increasingly compelling asset class."

NEW OFFER FLOOD

REIT indices in Singapore and Hong Kong rose 13 percent and 17 percent respectively year-to-date, with both reaching all-time highs in the past two weeks.

In response to the red-hot demand, companies are flooding the market with new offerings.

Mapletree Greater China Commercial Trust is a prime example, raising $2.06 billion in Singapore's largest ever REIT IPO in February. The 5.6 percent yield offered saw institutional investors bid nearly 30 times the units on offer.

Issuance of REITs in Asia ex-Japan has more than quadrupled so far in 2013 from the same period last year to $4.33 billion, according to Thomson Reuters data, and there is no sign of a slowdown given a $4 billion pipeline in the coming two to three months from IPOs alone.

Assets under management at real estate funds investing in Asia and Japan rose to a record $55 billion and $20 billion respectively at the end of March, data from Lipper showed.

With billions more expected from follow-on deals, 2013 looks to be the biggest year for REIT issuance since at least 2007.

"Suddenly, you see a lot of REITs coming on to the market and we are seeing a lot of companies that are in the radar because they are paying better yields," said Jalil Rasheed, a Singapore-based investment director at Invesco Asset Management.

COSTLY PROPERTY

Investors are stretching valuations, with the Bank of Japan adding fuel to the fire, with the purchase of 133.8 billion yen ($1.35 billion) of REITs since its asset buying scheme began in December 2010.

As much as 92 percent of the REITs listed in Asia have gained over the last year, with Japan Hotel Reit Investment Corp and Industrial & Infrastructure Fund more than doubling, buoyed by Prime Minister Shinzo Abe's aggressive fiscal and monetary expansion policies.

The IBES MSCI AC Asia Pacific REITs index now trades at 1.3 times book value, its highest since February 2008 and meaning investors are paying 30 percent more than the value of the underlying property.

The biggest REIT in the region by market value and trading volume, Westfield Group, trades at a record 1.6 times forward 12-month book value, 71 percent above the five-year median, according to data from StarMine. The second-most liquid, Nippon Building Fund, trades at 1.8 times or nearly 80 percent above its five-year median value.

Investors hope to tap into hotel room rates and rental rates on buildings and shopping malls that continue to soar.

Hong Kong's Swire Properties said it increased rents by up to 82 percent in the three months to March on properties such as One Island East and Cityplaza as supply remains tight.

"Regulatory measures have largely targeted the residential market. The commercial space - office buildings, shopping malls and hotels - remains buoyant," said Michael Smith, head of real estate investment banking in Asia ex-Japan at Goldman Sachs in Singapore.

"The beauty of these REIT structures is that it's a very pure exposure to commercial real estate."

($1 = 98.9400 Japanese yen)

(Reporting by Nishant Kumar and Elzio Barreto; Additional reporting by Umesh Desai and Chikafumi Hodo; Editing by Wayne Arnold and Michael Urquhart)

Source: http://news.yahoo.com/analysis-hedge-inflation-property-trusts-gold-092432939.html

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Thursday, 9 May 2013

Seagate launches the 600 SSD, its first solid-state drive for consumers

Seagate launches the 600 SSD as its first clientside solidstate drive

Seagate has come a long way in its attitude toward solid-state drives: it went from fighting the future to embracing SSDs with open arms, albeit only in enterprise at first. Now, it's launching its first-ever flash drive for end users, the 600 SSD. The storage will seem familiar to those who've gone shopping for regular SSDs, offering a 480GB max capacity, a laptop-friendly width and a 6Gbps SATA interface. Also, it may be just the perfect fit for those with extra-slim PCs: one 600 SSD variant will have the same 5mm height as Western Digital's Blue UltraSlim. Seagate hasn't disclosed its pricing, but the 600 SSD as well as the server-oriented 600 Pro SSD, 1200 SSD and X8 Accelerator should be available now.

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Source: Seagate

Source: http://www.engadget.com/2013/05/07/seagate-launches-the-600-ssd-as-its-first-client-side-ssd/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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Wednesday, 8 May 2013

Securus Payments: Young, Aggressive, and the Best

?We?re young. We?re aggressive, and we?ve wanted to be the best from the get-go,? this is how Steven Lemma described his company in an interview with the Portland Business Journal. The 28-year-old CEO and Co-Founder of Securus Payments, one of the leading merchant payment processing companies in the country today, prides in his company?s achievements in the past several months. His company is known for being young in the industry but it does not show any signs of being a pushover or a newcomer.

Since its establishment a few years back, the company has experienced growth of epic scale. It was reported that the company experienced at least 704 percent of growth in the past three years. This incredible growth is comparable to very successful startup companies in the U.S. With this achievement, it is not surprising that the company has been recognized as a force to reckon with in its industry. On June 2012, the Portland Business Journal named the company as the number one on its list of 100 Fastest-Growing Private Companies. This prestigious recognition has further established the company?s reputation in the industry. In addition to this, the company?s CEO and Co-Founder, Steven Lemma likewise received a sought-after recognition, the ?40 Under 40? list of the same publication. Lemma was picked as one of the 40 young executives and businessmen who have become successful in their business endeavors. This recognition likewise put the company?s reputation into the driver seat.

Securus Payments has gained popularity over the years because of its reliable services. The company is known for its merchant payment processing services. In particular, the company processes credit and debit card payments for its merchant clients in Oregon and in other parts of the country. Because of its successful growth, the company has been expanding. It was even reported that it opened a new operation for its customer service and assistance arm. The new department is responsible for assisting clients with their questions and concerns regarding the company?s services.

The company is indeed youthful, results-driven, and dynamic. It has proven that with youthful and aggressive spirit, a company could flourish amid the tight competition in the market.

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Tuesday, 7 May 2013

Biologist discovers new dinosaur in China

Monday, May 6, 2013

Fossil remains found by a George Washington University biologist in northwestern China have been identified as a new species of small theropod, or meat-eating, dinosaur.

The discovery was made by James Clark, the Ronald B. Weintraub Professor of Biology, in the Department of Biological Sciences of GW's Columbian College of Arts and Sciences. Dr. Clark, along with his then doctoral student Jonah Choiniere and a team of international researchers, found the dinosaur specimen in a remote region of Xinjiang in China in 2006.

In a research paper published in the Journal of Systematic Palaeontology, Drs. Clark and Choiniere explain recovering the skull, mandible and partial skeleton of the dinosaur. The new theropod was an estimated 1 meter or just over 3 feet long and probably weighed about 3 pounds.

"All that was exposed on the surface was a bit of the leg," said Dr. Clark. "We were pleasantly surprised to find a skull buried in the rock too."

The dinosaur is named Aorun zhaoi, after the Dragon King in the Chinese epic tale Journey to the West. It wasn't necessarily a small dinosaur species, though, because Aorun was still a youngster when it became a fossil.

"We were able to look at microscopic details of Aorun's bones and they showed that the animal was less than a year old when it died on the banks of a stream," said Dr. Choiniere.

Dr. Choiniere, now a senior researcher at the Evolutionary Studies Institute at the University of the Witwatersrand in Johannesburg, South Africa, was a doctoral student in Biological Studies at GW when the discovery was made. He was also a Kalbfleisch Fellow and Gerstner Scholar at the American Museum of Natural History.

Aorun lived more than 161 million years ago, in the earliest part of the Late Jurassic Period. Its small, numerous teeth suggest that it would have eaten prey like lizards and small relatives of today's mammals and crocodilians.

This is the fifth new theropod discovered at the Wucaiwan locality by the team, co-led by Dr. Clark and Dr. Xu Xing of the Chinese Academy of Sciences.

###

George Washington University: http://www.gwu.edu

Thanks to George Washington University for this article.

This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

This press release has been viewed 54 time(s).

Source: http://www.labspaces.net/128133/Biologist_discovers_new_dinosaur_in_China

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Bashful? Buy the little blue pill online

TRENTON, N.J. (AP) ? Men who are bashful about needing help in the bedroom no longer have to go to the drugstore to buy that little blue pill.

In a first for the drug industry, Pfizer Inc. told The Associated Press that the drugmaker will begin selling its popular erectile dysfunction pill Viagra to patients on its website.

Men still will need a prescription to buy the blue, diamond-shaped pill on viagra.com, but they no longer have to face a pharmacist to get it filled. And for those who are bothered by Viagra's steep $25-a-pill price, Pfizer is offering three free pills with the first order and 30 percent off the second one.

Pfizer's bold move upends the drug industry's distribution model. Drugmakers don't sell medicines directly to patients. Instead, they sell in bulk to wholesalers, who then distribute the drugs to pharmacies, hospitals and doctors' offices.

But the world's second-largest drugmaker is trying a new strategy to tackle a problem that plagues the industry. Illegal online pharmacies increasingly offer patients counterfeit versions of Viagra and other brand-name drugs for up to 95 percent off with no prescription needed. Patients don't realize the drugs are fake or that legitimate pharmacies require a prescription.

Other major drugmakers likely will watch Pfizer's move closely. If it works, drugmakers could begin selling other medicines that are rampantly counterfeited and sold online, particularly treatments for non-urgent conditions seen as embarrassing. Think: diet drugs, medicines for baldness and birth control pills.

"If it works, everybody will hop on the train," says Les Funtleyder, a health care strategist at private equity firm Poliwogg who believes Pfizer's site will attract "fence-sitters" who are nervous about buying online.

But it won't be the end of drugstores, as pharmaceutical companies aren't allowed to sell prescriptions to individual patients. So Pfizer is having national drugstore chain CVS Caremark Corp. fill the orders placed on viagra.com.

The online Viagra sales are Pfizer's latest effort to combat a problem that has grown with the popularity of the Internet.

In recent years, Americans have become more comfortable with online shopping, with many even buying prescription drugs online. That's particularly true for those who don't have insurance, are bargain hunters or want to keep their medicine purchases private.

Few realize that the vast majority of online pharmacies don't follow the rules, industry experts say.

The Internet is filled with illegitimate, professional-looking sites that run 24-hour call centers and lure customers with spam emails. A January study by the National Association of Boards of Pharmacy, which accredits online pharmacies, found that only 257 of 10,275 online pharmacy sites it examined appeared legitimate.

Experts say the fake drugs such websites sell can be dangerous. That's because they don't include the right amount of the active ingredient in the medicine, if any, or they contain toxic substances such as heavy metals, lead paint and printer ink. They're generally made in filthy warehouses and garages in Asia, Eastern Europe and Latin America.

Online buyers are "playing Russian roulette," says Matthew Bassiur, vice president of global security at New York-based Pfizer.

"The factories are deplorable. I've seen photographs of these places," he says. "You wouldn't even want to walk in them, let alone ingest anything made in them."

Pfizer is among many drugmakers that have long been aggressive in fighting counterfeiters. Pfizer conducts undercover investigations and works with authorities around the globe to combat the problem.

Counterfeit versions of Viagra and dozens of other Pfizer medicines rob the company of billions in annual sales.

Viagra is one of Pfizer's top drugs, with $2 billion in worldwide revenue last year. And it's the most counterfeited drug in the U.S., according to the company.

A 2011 study, in which Pfizer bought "Viagra" from 22 popular Internet pharmacies and tested the pills, found 77 percent were counterfeit. Most had half or less of the promised level of the active ingredient.

Viagra is appealing to counterfeiters because it carries a double whammy: It's expensive and it treats a condition with an "embarrassment" factor.

Crooks running the illegal online pharmacies brazenly explain their ultra-low Viagra prices ? often $1 to $3 a pill ? by claiming they sell generic Viagra.

Generics are copycat versions of brand-name prescription drugs. They can't be sold legally until after a drugmaker's patent, or exclusive right to sell a drug, ends. Generic drugmakers don't have to spend $1 billion or so on testing to get a new drug approved, so their copycat versions often cost up to 90 percent less than the original drug.

But there is no such thing as generic Viagra in the U.S. Pfizer has patents giving it the exclusive right to sell Viagra here until 2020 and for many years in other countries.

Many patients are unaware of that.

Dr. David Dershewitz, an assistant urology professor at New Jersey Medical School who treats patients at Newark's University Hospital, says erectile dysfunction is common in men with enlarged prostates, diabetes and other conditions, but most men are too embarrassed to discuss it.

He says well over half of his patients who do broach the issue complain about Viagra's price. Some tell Dershewitz that they go online looking for bargains because they can't afford Viagra.

"The few that do admit to it have said that the results have been fairly dismal," but none has suffered serious harm, he says.

For Pfizer, that's a big problem. People who buy fake drugs online that don't work, or worse, harm them, may blame the company's product. That's because it's virtually impossible to distinguish fakes from real Viagra.

"The vast majority of patients do believe that they're getting Viagra," said Vic Cavelli, head of marketing for primary care medicines at Pfizer.

The sales lost to counterfeits threaten Pfizer at a time when Viagra already is losing is dominance in the market.

Pfizer invented the term "erectile dysfunction" to replace the less-palatable medical term "impotence" after it came up with the first drug for the condition. It was a lucky find. Pfizer was testing an experimental blood pressure drug when older men in the study started telling research staff about an unexpected but welcomed side effect: better erections.

Pfizer quickly developed Viagra and made the discussion about erectile dysfunction mainstream with ads featuring ex-Sen. Bob Dole and other public figures.

But Viagra's share of the $5 billion-a-year global market for legitimate erectile dysfunction drugs has slipped, falling from 46 percent in 2007 to 37 percent last year, according to health data firm IMS Health.

The reason? Competition from rival products, mainly Eli Lilly and Co.'s Cialis ? the pill touted in those ubiquitous commercials featuring couples in his-and-hers bathtubs in bizarre places.

Judson Clark, an Edward Jones analyst, forecasts that Viagra sales will decline even further, about 5 percent each year for the next five years, unusual "for a drug in its prime."

Clark says he thinks Pfizer's strategy will prevent sales from declining, but he's unsure how well it will work.

"It's a very interesting and novel approach," he says. "Whether it returns Viagra to growth is hard to say."

___

On the Net:

Link to accredited pharmacies: http://www.nabp.net/programs/accreditation/vipps/find-a-vipps-online-pharmacy

___

Linda A. Johnson at http://twitter.com/LindaJ_onPharma

Source: http://news.yahoo.com/bashful-buy-little-blue-pill-online-070407742.html

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Wednesday, 1 May 2013

Twitter Ads Are Finally Available To All US Businesses, No Longer ...

After three years of slow roll outs and testing with specific partners, Twitter?s?Senior Director of Product for Revenue Kevin Weil just announced the general availability of its advertising options for all US business. Businesses don?t need an invite any more. Weil revealed the move on stage at TechCrunch Disrupt, which could ramp up revenues and prep Twitter for a widely anticipated IPO.

Twitter first announced in April 2010 that it would begin showing ads. Since then it?s revealed Promoted Tweets and Promoted accounts, which let businesses pay to get their updates seen and their profiles followed. More recently, Twitter announced limited availability of a self-serve tool for buying ads in March 2012, and an Ads API for programmatic buying of huge campaigns in February 2013. Then just last week, Twitter announced that its ads could be targeted based on keywords?tweeted or within tweets engaged with by users, which lets Twitter move toward demand fulfillment like Google Search ads.

Screen Shot 2013-04-30 at 10.10.12 AM

o79rZKiSna68Wzy5c_4PoF4BFJmnTygNTOUCPJqLXPwWeil explained on stage, ?As most of you guys know, the Twitter advertising platform has until today has been invite only. We?ve had brands and agencies, thousands of small businesses using the platform but all on an invite-only basis. Today we?re taking the next step and opening up Twitter ads to everyone in the US. Every brand, every business, every account, every individual. Businesses have been on Twitter since day one and we?re really excited that today every business in the US is going to be able to leverage the power of Twitter advertising, either through Promoted Accounts to build a loyal follower-base, or through Promoted Tweets to reach a broader audience.? In a bit of a cheeky move, he said on stage that he would tweet this link, giving the first 100 people to click $50 in free Twitter ad credits. You can watch the announcement below.

Anyone can now go to Twitter?s newly opened self-serve interface to start buying Twitter ads. Advertisers can choose a location to target, and the interests of the people they want to reach, decide what type of ads to run, and set a daily budget. Along with Promoted Tweets and Promoted Accounts, businesses can use Twitter?s business analytics system to track the impact of their spend.

The ads rollout means the microblogging platform can start more seriously competing with other social outlets like Facebook and LinkedIn for ad dollars.?Some expect Twitter to hit $950 million in revenue in 2014, largely from ads. That could be enough to lure advertisers to invest in the company if it in fact IPOs. Getting its ad business humming on mobile before announcing any move to go public could let Twitter avoid the bashing Facebook?s share price received when it IPO?d. Facebook had mobile ads running for just three months at that time despite users shifting to the small screen in droves, and the lack of proof that its mobile ad business would work was widely cited by investors as why $FB lost 30% of its value soon after hitting the market.

With so many businesses now competing for followers, the ability to pay for extra visibility can make the difference between obscurity and prominence. Meanwhile, direct advertisers with things to sell online can capitalize on Promoted Tweets to get extra clicks to their shopping pages. While once seen as a niche service for techies, Twitter has grown into a core way the world communicates about their opinions, media, and current events. The ability to insert themselves into these conversations and take advantage of digital word of mouth is drawing dollars away from one-way traditional media towards Twitter where businesses can have a real dialog with their customers.

Source: http://techcrunch.com/2013/04/30/twitter-ads-available/

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