Friday, September 28, 2012

Thai sailors go "Gangnam Style" on YouTube video

In this image made from an undated video released by Thai Royal Navy, Thai sailors perform the rodeo-style dance and other hip-shaking moves at their base on the popular tourist island of Phuket, southern Thailand. The "Gangnam Style" craze has reached Thailand's navy, which is among the latest to mimic the globally popular dance video by South Korean singer PSY. (AP Photo/Royal Thai Navy) EDITORIAL USE ONLY, NO SALES

In this image made from an undated video released by Thai Royal Navy, Thai sailors perform the rodeo-style dance and other hip-shaking moves at their base on the popular tourist island of Phuket, southern Thailand. The "Gangnam Style" craze has reached Thailand's navy, which is among the latest to mimic the globally popular dance video by South Korean singer PSY. (AP Photo/Royal Thai Navy) EDITORIAL USE ONLY, NO SALES

(AP) ? The "Gangnam Style" craze has reached Thailand's navy, which is among the latest to mimic the globally popular dance video.

In a video posted to YouTube, a few dozen smiling sailors from the Third Naval Area Command perform the rodeo-style dance and other hip-shaking moves at their base on the popular tourist island of Phuket.

Lt. Cmdr. Patiroop Khemtis said Friday officers took three days to film and edit the video, instructing participants to mimic the moves in the original video by South Korean singer PSY. It was shown at the base's annual party Wednesday and posted to YouTube the next day.

The video shows white-uniformed sailors in sunglasses galloping through their offices and officers in scuba gear shimmying up the beach.

The original "Gangnam Style" video had close to 300 million YouTube views as of Friday.

___

Online:

http://www.youtube.com/watch?v=FHx4nF7jJzI

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/aa9398e6757a46fa93ed5dea7bd3729e/Article_2012-09-28-Thailand-Gangnam%20Dancing/id-e77b69ab4bac412cabc2f2c3848a1d32

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Exclusive: Groupon reshuffles execs, seeks to fix Europe business

(Reuters) - Groupon Inc , the world's largest online daily deals provider, is reshuffling senior management roles in an attempt to fix its struggling European business -- a shake-up that will also include the departure of its chief of international business.

According to an internal memo obtained by Reuters, Chris Muhr, SVP of sales, will now head the Europe, Middle East and Africa region, while Veit Dengler, SVP International, will be leaving the company.

The memo did not give any reason for Dengler's departure. He will be the latest in a slew of executives, including Lee Brown, who oversees national sales, who have left or decided to leave Groupon in recent months.

Fixing its European operations has become an imperative for Groupon after the second-quarter revealed big problems with that business, driving the company's already weak share price even lower.

In addition to the euro zone's sovereign debt crisis and economic slowdown, Groupon offered discounts that were too big, annoying some merchants in the region.

Groupon, one of a crop of consumer Internet companies that debuted on markets with much fanfare in late 2011, has lost more than three quarters of its market value since its initial public offering at $20 with CEO Andrew Mason, a music graduate, pummeled with questions about its ability to sustain revenue growth.

The stock now trades at $4.78.

Muhr hails from Citydeal, a company acquired by Groupon in 2010 as its entry into international markets. Along with Citydeal co-founders Emanuel Stehle, Jens Hutzschenreuter and Rajen Ruparell, he had moved to North America to improve sales in its domestic market ahead of Groupon's IPO.

"We've made great progress in the last few months, but we still have a lot of work to do, particularly in Europe," Groupon's operations chief Kal Raman said in the internal memo.

"While our challenges in Europe are no secret, after spending two weeks there, I am energized by the great team and clear opportunities to improve," he said.

(Reporting by Nivedita Bhattacharjee in Chicago; Editing by Edwina Gibbs)

Source: http://news.yahoo.com/exclusive-groupon-reshuffles-execs-seeks-fix-europe-business-022309823--sector.html

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Wednesday, September 26, 2012

China to protesters: 'Please express your patriotism in a rational and orderly fashion'

Chinese protesters followed the rules on Tuesday, obediently forming small groups and awaiting their turn to march past the Japanese embassy to express anger over disputed islands.

By Peter Ford,?Staff writer / September 18, 2012

A demonstrator shouts slogans during a protest in front of a Chinese national flag on the 81st anniversary of Japan's invasion of China, in Shanghai, Sept. 18. Anti-Japan protests reignited across China on Tuesday, the emotional anniversary marking Tokyo's occupation of its giant neighbor, escalating a maritime dispute which has forced major Japanese brandname firms to suspend business there.

Carlos Barria/Reuters

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The first sign of just how closely the Chinese authorities were monitoring and controlling today?s anti-Japanese demonstrations here came on my cellphone.

Skip to next paragraph Peter Ford

Beijing Bureau Chief

Peter Ford is The Christian Science Monitor?s Beijing Bureau Chief. He covers news and features throughout China and also makes reporting trips to Japan and the Korean peninsula.

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It was an SMS from the Beijing police. Barely had I arrived in the vicinity of the Japanese embassy, the target of a fourth day of protests over a territorial dispute, than the message popped up on my screen.

?The Beijing Public Security Bureau reminds you to please express your patriotism in a rational and orderly fashion and to follow police instructions. Thank you for your cooperation,? it read.

The Chinese government was clearly anxious that Tuesday?s demonstrations, marking the anniversary of the incident that sparked Japan?s 1931 occupation of Northeastern China, should not turn violent, as had happened over the weekend.

The protesters, mostly young men, many waving red and gold Chinese flags or portraits of Mao Zedong, were doing as they were told by organizers. Obediently they formed up in small groups and awaited their turn to march past the embassy, where they slowed down just long enough to throw bottles of water at the gates.

Any hotheads in the crowd who might have wanted to do more were dissuaded by the sight of helmeted riot police standing shoulder to shoulder along the roadside, reinforcing thousands of police officers who were making sure, megaphones in hand, that everybody kept moving. Also reinforcing the police were civilian security volunteers wearing armbands, and reinforcing them were dayglo-orange-waistcoated traffic wardens.

Then the protesters marched on down the street in glorious late summer sunshine, chanting slogans such as ?Japanese dogs out of China,? or ?China wake up,? and even reminding themselves, in unison, to ?listen to orders.??

A block down the street they turned around, marched back down the way they had come, then turned around once more and started all over again.

?I?ve been round three times already and I won?t go home until everybody else does,? said Zhang Chong, a young clothes vendor, his cheek decorated with a Chinese flag decal.

?We didn?t lose the Diaoyu islands in Mao Zedong?s time and we will not allow them to be lost by our generation,? Mr. Zhang said, explaining why he had taken to the streets.

The worst outbreak of anti-Japanese sentiment for many years was sparked last week when the Japanese government bought three of the uninhabited islands in the East China Sea known here as the Diaoyu and in Japan as the Senkaku. China claims sovereignty over the islands, which are under Japanese control and were privately owned until last week.

The Chinese government responded by fiercely denouncing the purchase, formally specifying the geographical coordinates of the waters that it claims around the islands, sending surveillance vessels to the islands and sanctioning anti-Japanese demonstrations around the country, some of which torched Japanese-owned businesses on Saturday.

Nothing like that was to be allowed on Tuesday, it was clear. As the protesters approached the Japanese embassy, a loudspeaker mounted on a police car played them a tape loop: ?The Chinese government shares the people?s feelings? a woman?s voice assured them. ?The government has made it clear it will not accept any territorial infringement. But once you have expressed yourself, please move on.?

Source: http://rss.csmonitor.com/~r/csmonitor/globalnews/~3/3OPnDTR8MXI/China-to-protesters-Please-express-your-patriotism-in-a-rational-and-orderly-fashion

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Monday, September 24, 2012

Pocket Planes sets course for Google Play

Android Central

Pocket Planes, the adorable pixelated successor to Tiny Tower, found its way to Android over the weekend. Instead of building a massive self-sustaining skyscraper, players build out an airline, complete with a wide variety of aircraft, destinations, goods, and passengers to deliver. There are sets of missions that change regularly, and players that contribute deliveries to them are listed on worldwide leaderboards, as well as smaller ones in flight groups with your friends. 

I've played a fair bit of Pocket Planes on iOS, and it's a ton of fun, especially if you found that Tiny Tower lacked depth or complexity. The game is free, with the support of in-app purchases for accelerated progress on a handful of fronts. The Game maintains the charm of Tiny Tower, and puts a fresh twist on it.

Any Tiny Tower players in the house interested in giving this game a shot? Any other good business simulation games out there? The only other ones that really come to mind are Order Up!! To Go and the endless tide of Kairosoft titles like Game Dev Story.  



Source: http://feedproxy.google.com/~r/androidcentral/~3/tF4ZvlgXXwM/story01.htm

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Wells Fargo should buy lender CIT Group, analyst says

(Reuters) - Wells Fargo & Co, the fourth-largest U.S. bank, could boost its profits by buying CIT Group Inc even if it pays a 33 percent premium for the specialty lender, Stifel Nicolaus analyst Christopher Mutascio said on Monday.

"CIT would make a financially attractive acquisition target" for Wells Fargo, Mutascio said in a report. A deal would combine Wells Fargo's "industry-low" cost of funds with CIT's $35 billion in higher-yielding assets. Wells Fargo would benefit, too, from acquiring CIT's tax-sheltering $4 billion of net operating loss carry forwards, he said.

Mutascio figured that Wells Fargo could pay $52 per share for CIT, or $10.5 billion, and raise its own earnings per share by 2 percent to 7 percent, depending on whether it paid with stock, cash or a blend of the two.

CIT shares traded at $38.95 on Friday. The stock is up nearly 12 percent this year.

Wells Fargo spokeswoman Mary Eshet and CIT spokesman Curt Ritter declined to comment.

Wells Fargo has $1.34 trillion in assets and a stock market value of $186 billion.

CIT is led by veteran Wall Street executive John Thain. He was named CEO in February 2010 to continue the company's restructuring following its bankruptcy in 2009 amid losses on subprime mortgage assets.

Thain has paid down high-cost debt left from the bankruptcy, but CIT still pays 4.37 percent for core debt funding and 2.02 percent for deposits, compared with Wells Fargo's total funding cost of 0.46 percent, according to Mutascio.

(Reporting by David Henry in New York; Editing by Lisa Von Ahn)

Source: http://news.yahoo.com/wells-fargo-buy-lender-cit-group-analyst-says-125634690--finance.html

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