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Tuesday, February 5, 2013
Microsoft Provides $2 Billion Loan To Dell Buyout Group
Details of Microsoft's role in the private equity buyout of Dell emerged this morning, with Microsoft saying that it has provided a $2 billion loan to the group that has proposed to buy out Dell. That group--made up of Dell founder Michael Dell, and private equity firm Silver Lake Partners--said it would pay $24.4 billion for Dell. The group says it will pay $13.65 per share in cash for the shares of Dell not owned by Michael Dell, taking Dell off the public market.


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Instagram Direct Is Facebook's Latest Play For TimeBy
The old hands of social media are striking back. On Thursday, Facebook took its latest swing at Snapchat with a direct messaging service for Instagram. The move comes just two days after Twitter revamped its long-ignored direct messaging service with an update to its mobile apps.
Mobile messaging has become a threat to both companies, which were established around the idea of broadcast-style communication. Sure, they're aware that people sometimes talk one-on-one — Facebook once tried to kill email, after all — but they've largely been outflanked on messaging for mobile devices. WhatsApp, a messaging app, has 350 million active users, significantly more than Twitter's 232 million, and Facebook is scared enough of Snapchat that it tried to buy it, then imitate it, then buy it again. Users of Snapchat and WhatsApp each share about 400 million photos daily, over seven times the 55 million photos that are shared on Instagram per day.
Kevin Systrom, Instagram's chief executive, said that the new messaging feature is expected to get the site's users to share more images. Currently, 80 million people use the service every day, posting about two-thirds that number of photos. The new feature, called Instagram Direct, allows people to send private photo messages to up to 15 people, so long as those people follow them already. Direct messages to others are added to a pending queue, where recipients have to accept the message before seeing the photo. The whole thing remains completely separate from Facebook.
The hope is clearly that some of the direct dialogue taking place elsewhere will migrate back to Facebook's services. Systrom says that Instagram wants to be about communication, not photography, so that people will spend more time using it "just like you text everyday." That said, the company didn't try to match its competitors feature-for-feature. Images don't disappear, a la Snapchat, and Instagram decided against offering the ability to send text-only messages, as you can through WhatsApp.
Of course, this isn't really a competition to become the best messaging app, it's a competition for people's time. With our digital tastes still being developed, there's no reason that some time now spent for texting can't migrate to photo sharing. With that in mind, Systrom said the best thing for Instagram to do is to stick to its strengths. Better to be the best private-photo sharing service than an also-ran messaging app or disappearing photo tool.
If the competition isn't direct, neither is the business plan. Instagram remains characteristically cautious when it comes to monetization. The company says there's no plan to sell advertising in people's Instagram inboxes. Instead, it hopes that people who come for the messages will stay for the public feed, and will see their advertisements there.


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Story of the Week: Noche de Gala
Published October 25th, 2010
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For our Story of the Week we selected Noche de Gala, including all of the preparations that went into the grand event.
It was a Noche de Gala Saturday, dressing North Central Florida in its finest.
For our story of the week, we'll take a look at all the people who came together to help further the Sebastian Ferrero Foundation's mission of creating a children's hospital right here in Gainesville.
David Snyder sits down with Gators men's basketball coach, Billy Donovan.
Friday our cameras were alongside crews as they prepared for the big night.
And Saturday we watched everyone walk down the isle in tiaras and tuxedos.
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|Siemens AG
|Werner von Siemens
Berlin, Kingdom of Prussia
|Berlin and Munich, Germany
|Area Served:
|Key People:
|Joe Kaeser
(President & CEO)
Gerhard Cromme
(Chairman of the Supervisory Board)
|Power generation technology, industrial and buildings automation, medical technology, railway vehicles, water treatment systems, fire alarms, PLM software
|Business services, financing, project engineering and construction
|€75.63 billion (2015)[1]
|Operating Income:
|€6.04 billion (2015)
|Net Income:
|€7.28 billion (2015)
|€120.34 billion (2015)
|€34.47 billion (2015)
|Num Employees:
|348,000 (2015)
|Process Industries and Drives, Digital Factory, Energy Management, Healthineers, Mobility, Power and Gas, Power Generation Services, Wind Power and Renewables, Building Technologies
Siemens AG (in German pronounced as /ˈziːmɛns/)[2] is a German company headquartered in Berlin and Munich and the largest engineering company in Europe with branch offices abroad.
The principal divisions of the company are Industry, Energy, Healthineers, and Infrastructure & Cities, which represent the main activities of the company.[3] [4] [5] The company is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the company's total sales, is its second-most profitable unit, after the industrial automation division.[6] The company is a component of the Euro Stoxx 50 stock market index.[7] Siemens and its subsidiaries employ approximately 362,000 people worldwide and reported global revenue of around €71.9 billion in 2014 according to their annual report.
Siemens & Halske was founded by Werner von Siemens and Johann Georg Halske on 12 October 1847. Based on the telegraph, his invention used a needle to point to the sequence of letters, instead of using Morse code. The company, then called Telegraphen-Bauanstalt von Siemens & Halske, opened its first workshop on 12 October.[8]
In 1848, the company built the first long-distance telegraph line in Europe; 500 km from Berlin to Frankfurt am Main. In 1850, the founder's younger brother, Carl Wilhelm Siemens later Sir William Siemens started to represent the company in London. The London agency became a branch office in 1858. In the 1850s, the company was involved in building long distance telegraph networks in Russia. In 1855, a company branch headed by another brother, Carl Heinrich von Siemens, opened in St Petersburg, Russia. In 1867, Siemens completed the monumental Indo-European (Calcutta to London) telegraph line.[9]
In 1867, Werner von Siemens described a dynamo without permanent magnets. A similar system was also independently invented by Charles Wheatstone, but Siemens became the first company to build such devices. In 1881, a Siemens AC Alternator driven by a watermill was used to power the world's first electric street lighting in the town of Godalming, United Kingdom. The company continued to grow and diversified into electric trains and light bulbs. In 1890, the founder retired and left running the company to his brother Carl and sons Arnold and Wilhelm. In 1887 it opened its first office in Japan.[10]
Siemens & Halske (S & H) was incorporated in 1897, and then merged parts of its activities with Schuckert & Co., Nuremberg in 1903 to become Siemens-Schuckert. In 1907, Siemens (Siemens & Halske and Siemens-Schuckert) had 34,324 employees and was the seventh-largest company in the German empire by number of employees.[11] (see List of German companies by employees in 1907)
In 1919, S & H and two other companies jointly formed the Osram lightbulb company.
During the 1920s and 1930s, S & H started to manufacture radios, television sets, and electron microscopes.
In 1932, Reiniger, Gebbert & Schall (Erlangen), Phönix AG (Rudolstadt) and Siemens-Reiniger-Veifa mbH (Berlin) merged to form the Siemens-Reiniger-Werke AG (SRW), the third of the so-called parent companies that merged in 1966 to form the present-day Siemens AG.[12]
In the 1920s, Siemens constructed the Ardnacrusha Hydro Power station on the River Shannon in the then Irish Free State, and it was a world first for its design. The company is remembered for its desire to raise the wages of its under-paid workers only to be overruled by the Cumann na nGaedheal government.[13]
Siemens (at the time: Siemens-Schuckert) exploited the forced labour of deported people in extermination camps. The company owned a plant in Auschwitz concentration camp.[14] [15]
During the final years of World War II, numerous plants and factories in Berlin and other major cities were destroyed by Allied air raids. To prevent further losses, manufacturing was therefore moved to alternative places and regions not affected by the air war. The goal was to secure continued production of important war-related and everyday goods. According to records, Siemens was operating almost 400 alternative or relocated manufacturing plants at the end of 1944 and in early 1945.
In 1972, Siemens sued German satirist F.C. Delius for his satirical history of the company, Unsere Siemenswelt, and it was determined much of the book contained false claims although the trial itself publicized Siemens' history in Nazi Germany.[16] The company supplied electrical parts to Nazi concentration camps and death camps. The factories had poor working conditions, where malnutrition and death were common. Also, the scholarship has shown that the camp factories were created, run, and supplied by the SS, in conjunction with company officials, sometimes high-level officials.[17] [18] [19] [20]
Siemens businessman and Nazi Party member John Rabe is, however, credited with saving many Chinese lives during the infamous Nanking Massacre. He later toured Germany lecturing on the atrocities committed by Japanese forces in Nanking.[21]
In the 1950s, and from their new base in Bavaria, S&H started to manufacture computers, semiconductor devices, washing machines, and pacemakers. In 1966, Siemens & Halske (S&H, founded in 1847), Siemens-Schuckertwerke (SSW, founded in 1903) and Siemens-Reiniger-Werke (SRW, founded in 1932) merged to form Siemens AG.[12] In 1969, Siemens formed Kraftwerk Union with AEG by pooling their nuclear power businesses.[22]
The company's first digital telephone exchange was produced in 1980. In 1988 Siemens and GEC acquired the UK defence and technology company Plessey. Plessey's holdings were split, and Siemens took over the avionics, radar and traffic control businesses — as Siemens Plessey.
In 1985, Siemens bought Allis-Chalmers' interest in the partnership company Siemens-Allis (formed 1978) which supplied electrical control equipment. It was incorporated into Siemens' Energy and Automation division.[23]
In 1987, Siemens reintegrated Kraftwerk Union, the unit overseeing nuclear power business.[22]
In 1991, Siemens acquired Nixdorf Computer AG and renamed it Siemens Nixdorf Informationssysteme AG, in order to produce personal computers.
In October 1991, Siemens acquired the Industrial Systems Division of Texas Instruments, Inc, based in Johnson City, Tennessee. This division was organized as Siemens Industrial Automation, Inc., and was later absorbed by Siemens Energy and Automation, Inc.
In 1992, Siemens bought out IBM's half of ROLM (Siemens had bought into ROLM 5 years earlier), thus creating SiemensROLM Communications; eventually dropping ROLM from the name later in the 1990s.
In 1997, Siemens agreed to sell the defence arm of Siemens Plessey to British Aerospace (BAe) and a German aerospace company, DaimlerChrysler Aerospace. BAe and DASA acquired the British and German divisions of the operation respectively.[24]
In October 1997, Siemens Financial Services (SFS) was founded to act as competence center for financing issues and as a manager of financial risks within Siemens.
In 1998, Siemens acquired Westinghouse Power Generation for more than $1.5 billion from CBS corp and moving Siemens from third to second the world power generation market.[25]
In 1999, Siemens' semiconductor operations were spun off into a new company called Infineon Technologies. In the same year, Siemens Nixdorf Informationssysteme AG became part of Fujitsu Siemens Computers AG, with its retail banking technology group becoming Wincor Nixdorf.
In 2000, Shared Medical Systems Corporation[26] was acquired by the Siemens' Medical Engineering Group,[27] eventually becoming part of Siemens Medical Solutions.
Also in 2000, Atecs-Mannesman was acquired by Siemens,[28] The sale was finalised in April 2001 with 50% of the shares acquired, acquisition, Mannesmann VDO AG merged into Siemens Automotive forming Siemens VDO Automotive AG, Atecs Mannesmann Dematic Systems merged into Siemens Production and Logistics forming Siemens Dematic AG, Mannesmann Demag Delaval merged into the Power Generation division of Siemens AG.[29] Other parts of the company were acquired by Robert Bosch GmbH at the same time.[30]
In 2001, Chemtech Group of Brazil was incorporated into the Siemens Group;[31] it provides industrial process optimisation, consultancy and other engineering services.[32]
Also in 2001, Siemens formed joint venture Framatome with Areva SA of France by merging much of the companies' nuclear businesses.[22]
In 2002, Siemens sold some of its business activities to Kohlberg Kravis Roberts & Co. L.P. (KKR), with its metering business included in the sale package.[33]
In 2003, Siemens acquired the flow division of Danfoss and incorporated it into the Automation and Drives division.[34] Also in 2003 Siemens acquired IndX software (realtime data organisation and presentation).[35] [36] The same year in an unrelated development Siemens reopened its office in Kabul. Also in 2003 agreed to buy Alstom Industrial Turbines; a manufacturer of small, medium and industrial gas turbines for €1.1 billion.[37] [38] On 11 February 2003, Siemens planned to shorten phones' shelf life by bringing out annual Xelibri lines, with new devices launched as spring -summer and autumn-winter collections.[39] On 6 March 2003, the company opened an office in San Jose.[40] On 7 March 2003, the company announced that it planned to gain 10 per cent of the mainland China market for handsets.[41] On 18 March 2003, the company unveiled the latest in its series of Xelibri fashion phones.[42]
In 2004, the wind energy company Bonus Energy in Brande, Denmark was acquired,[43] [44] forming Siemens Wind Power division.[45] Also in 2004 Siemens invested in Dasan Networks (South Korea, broadband network equipment) acquiring ~40% of the shares,[46] Nokia Siemens disinvested itself of the shares in 2008.[47] The same year Siemens acquired Photo-Scan (UK, CCTV systems),[48] US Filter Corporation (water and Waste Water Treatment Technologies/ Solutions, acquired from Veolia),[49] Hunstville Electronics Corporation (automobile electronics, acquired from Chrysler),[50] and Chantry Networks (WLAN equipment).[51]
In 2005, Siemens sold the Siemens mobile manufacturing business to BenQ, forming the BenQ-Siemens division. Also in 2005 Siemens acquired Flender Holding GmbH (Bocholt, Germany, gears/industrial drives),[52] Bewator AB (building security systems),[53] Wheelabrator Air Pollution Control, Inc. (Industrial and power station dust control systems),[54] AN Windenegrie GmbH. (Wind energy),[55] Power Technologies Inc. (Schenectady, USA, energy industry software and training),[56] CTI Molecular Imaging (Positron emission tomography and molecular imaging systems),[57] [58] Myrio (IPTV systems),[59] Shaw Power Technologoes International Ltd (UK/USA, electrical engineering consulting, acquired from Shaw Group),[60] [61] and Transmitton (Ashby de la Zouch UK, rail and other industry control and asset management).[62]
In 2006, Siemens announced the purchase of Bayer Diagnostics, which was incorporated into the Medical Solutions Diagnostics division on 1 January 2007,[63] also in 2006 Siemens acquired Controlotron (New York) (ultrasonic flow meters)[64] [65] Also in 2006 Siemens acquired Diagnostic Products Corp., Kadon Electro Mechanical Services Ltd. (now TurboCare Canada Ltd.), Kühnle, Kopp, & Kausch AG, Opto Control, and VistaScape Security Systems[66]
In March 2007, a Siemens board member was temporarily arrested and accused of illegally financing a business-friendly labour association which competes against the union IG Metall. He has been released on bail. Offices of the labour union and of Siemens have been searched. Siemens denies any wrongdoing.[67] In April the Fixed Networks, Mobile Networks and Carrier Services divisions of Siemens merged with Nokia's Network Business Group in a 50/50 joint venture, creating a fixed and mobile network company called Nokia Siemens Networks. Nokia delayed the merger[68] due to bribery investigations against Siemens.[69] In October 2007, a court in Munich found that the company had bribed public officials in Libya, Russia, and Nigeria in return for the awarding of contracts; four former Nigerian Ministers of Communications were among those named as recipients of the payments. The company admitted to having paid the bribes and agreed to pay a fine of 201 million euros. In December 2007, the Nigerian government cancelled a contract with Siemens due to the bribery findings.[70] [71]
Also in 2007 Siemens acquired Vai Ingdesi Automation (Argentina, Industrial Automation), UGS Corp., Dade Behring, Sidelco (Quebec, Canada), S/D Engineers Inc., and Gesellschaft für Systemforschung und Dienstleistungen im Gesundheitswesen mbH (GSD) (Germany).[72]
In July 2008, Siemens AG announced a joint venture of the Enterprise Communications business with the Gores Group, renamed Unify in 2013. The Gores Group holding a majority interest of 51% stake, with Siemens AG holding a minority interest of 49%.[73]
In August 2008, Siemens Project Ventures invested $15 million in the Arava Power Company. In a press release published that month, Peter Löscher, President and CEO of Siemens AG said: "This investment is another consequential step in further strengthening our green and sustainable technologies". Siemens now holds a 40% stake in the company.[74]
In January 2009, Siemens announced to sell its 34% stake in Framatome, complaining limited managerial influence. In March, it announced to form an alliance with Rosatom of Russia to engage in nuclear-power activities.[22]
In April 2009, Fujitsu Siemens Computers became Fujitsu Technology Solutions as a result of Fujitsu buying out Siemens' share of the company.
In October 2009, Siemens signed a $418 million contract to buy Solel Solar Systems an Israeli company in the solar thermal power business.[75]
In December 2010, Siemens agreed to sell its IT Solutions and Services subsidiary for €850 million to Atos. As part of the deal, Siemens agreed to take a 15% stake in the enlarged Atos, to be held for a minimum of five years. In addition, Siemens concluded a seven-year outsourcing contract worth around €5.5 billion, under which Atos will provide managed services and systems integration to Siemens.
In March 2011, it was decided to list Osram on the stock market in the autumn, but CEO Peter Löscher said Siemens intended to retain a long-term interest in the company, which was already independent from the technological and managerial viewpoints.
In September 2011, Siemens, which had been responsible for constructing all 17 of Germany's existing nuclear power plants, announced that it would exit the nuclear sector following the Fukushima disaster and the subsequent changes to German energy policy. Chief executive Peter Löscher has supported the German government's planned Energiewende, its transition to renewable energy technologies, calling it a "project of the century" and saying Berlin's target of reaching 35% renewable energy sources by 2020 was feasible.[76]
In November 2012, Siemens acquired the Rail division of Invensys for £1.7 billion. In the same month, Siemens made the announcement of acquiring a privately held company, LMS International NV.[77]
In August 2013, Nokia acquired 100% of the company Nokia Siemens Networks, with a buy-out of Siemens AG, ending Siemens role in telecommunication.[78]
In August 2013, Siemens won a $966.8 million order for power plant components from oil firm Saudi Aramco, the largest bid it has ever received from the Saudi company.[79]
In 2014, Siemens plans to build a $264 million facility for making offshore wind turbines in Paull, England, as Britain's wind power rapidly expands. Siemens chose the Hull area on the east coast of England because it is close to other large offshore projects planned in coming years. The new plant is expected to begin producing turbine rotor blades in 2016. The plant and the associated service center, in Green Port Hull nearby, will employ about 1,000 workers. The facilities will serve the UK market, where the electricity that major power producers generate from wind grew by about 38 percent in 2013, representing about 6 percent of total electricity, according to government figures. There are also plans to increase Britain's wind-generating capacity at least threefold by 2020, to 14 gigawatts.[80]
In May 2014, Rolls-Royce agreed to sell its gas turbine and compressor energy business to Siemens for £1 Billion.[81] In June 2014 Siemens and Mitsubishi Heavy Industries announced their formation of joint ventures to bid for Alstom's troubled energy and transportation businesses (in locomotives, steam turbines, and aircraft engines). A rival bid by General Electric (GE) has been criticized by French government sources, who consider Alstom's operations as a "vital national interest" at a moment when the French unemployment level stands above 10% and some voters are turning towards the far-right.[82]
In September 2014, Siemens said it would buy U.S. oilfield equipment maker Dresser-Rand Group Inc for $7.6 billion[83]
Siemens offers a wide range of electrical engineering- and electronics-related products and services.[84] Its products can be broadly divided into the following categories: buildings-related products; drives, automation and industrial plant-related products; energy-related products; lighting; medical products; and transportation and logistics-related products.[84]
Siemens buildings-related products include building-automation equipment and systems; building-operations equipment and systems; building fire-safety equipment and systems; building-security equipment and systems; and low-voltage switchgear including circuit protection and distribution products.[84]
Siemens drives, automation and industrial plant-related products include motors and drives for conveyor belts; pumps and compressors; heavy duty motors and drives for rolling steel mills; compressors for oil and gas pipelines; mechanical components including gears for wind turbines and cement mills; automation equipment and systems and controls for production machinery and machine tools; and industrial plant for water processing and raw material processing.[84]
Siemens energy-related products include gas and steam turbines; generators; compressors; on- and offshore wind turbines; high-voltage transmission products; power transformers; high-voltage switching products and systems; alternating and direct current transmission systems; medium-voltage components and systems; and power automation products.[84]
Siemens OSRAM subsidiary produces lighting products including incandescent, halogen, compact fluorescent, fluorescent, high-intensity discharge and Xenon lamps; opto-electronic semiconductor light sources such as light emitting diodes (LEDs), organic LEDs, high power laser diodes, LED systems and LED luminaires; electronic equipment including electronic ballasts; lighting control and management systems; and related precision components.[84]
Siemens medical products include clinical information technology systems; hearing instruments; in-vitro diagnostics equipment; imaging equipment including angiography, computed tomography, fluoroscopy, magnetic resonance, mammography, molecular imaging ultrasound, and x-ray equipment; and radiation oncology and particle therapy equipment.[84], Siemens finalized the sale of its hearing-aid (hearing instruments) business to Sivantos.[85] [86]
Siemens transportation and logistics-related products include equipment and systems for rail transportation including rail vehicles for mass transit, regional and long-distance transportation, locomotives, equipment and systems for rail electrification, central control systems, interlockings, and automated train controls; equipment and systems for road traffic including traffic detection, information and guidance; equipment and systems for airport logistics including cargo tracking and baggage handling; and equipment and systems for postal automation including letter parcel sorting.[84]
Siemens is incorporated in Germany and has its corporate headquarters in Munich.[87] It has operations in around 190 countries and approximately 285 production and manufacturing facilities.[87] Siemens had around 360,000 employees as of 30 September 2011.[87]
Electrification, automation and digitalization are the long-term growth fields of Siemens. In order to take full advantage of the market potential in these fields, Siemens businesses are bundled into nine divisions and healthcare as a separately managed business.
Power and Gas
Wind Power and Renewables
Power Generation Services
Energy Management
Building Technologies
Digital Factory
Process Industries and Drives
Financial Services
In 2011, Siemens invested a total of €3.925 billion in research and development, equivalent to 5.3% of revenues.[87] As of 30 September 2011, Siemens had approximately 11,800 Germany-based employees engaged in research and development and approximately16,000 in the rest of the world, of whom the majority were based in one of Austria, China, Croatia, Denmark, France, India, Mexico, Slovakia, Sweden, Switzerland, the United Kingdom and the United States.[87] As of 30 September 2011, Siemens held approximately 53,300 patents worldwide.[87]
Siemens' current joint ventures include:
Silcar was a joint venture between Siemens Ltd and Thiess Services Pty Ltd until 2013. Silcar is a 3,000 person Australian organisation providing productivity and reliability for large scale and technically complex plant assets. Services include asset management, design, construction, operations and maintenance. Silcar operates across a range of industries and essential services including power generation, electrical distribution, manufacturing, mining and telecommunications. In July 2013, Thiess took full control.[89] [90] [91]
In 2014, Siemens and Accenture formed a joint venture company called OMNETRIC Group.
The company has issued 881.000.000 shares of common stock. The largest single shareholder continues to be the founding shareholder, the Siemens family, with a stake of 6%. 62% are held by institutional asset managers, the largest being two divisions of the world's largest asset manager BlackRock. 83.97% of the shares are considered public float, however including such strategic investors as the State of Qatar (DIC Company Ltd.) with 3,04%, the Government Pension Fund of Norway with 2,5% and the Siemens AG itself with 3,04%. 19% are held by private investors, 13% by investors that are considered unidentifiable. 26% are owned by German investors, 21% by US investors, followed by the UK (11%), France (8%), Switzerland (8%) and a number of others (26%).[92]
Chairmen of the Siemens-Schuckertwerke Managing Board (1903 to 1966)[93]
Chairmen of the Siemens & Halske / Siemens-Schuckertwerke Supervisory Board (1918 to 1966)[93]
Chairmen of the Siemens AG Managing Board (1966 to present)[93]
Chairmen of the Siemens AG Supervisory Board (1966 to present)[93]
Managing Board (present day)[94]
The Siemens Graduate Program, which has existed since 1922, is the first university graduate program to be established at Siemens.It is an international two-year development program for Master Graduates and PhDs available in various global regions (for example Germany, Denmark, UK, Belgium, France, Spain, Switzerland, Russia, China, India, United Arab Emirates, Saudi Arabia, Kuwait, Egypt, Brazil, and USA). The SGP consists of three work assignments, one of them abroad, within one of the Siemens Divisions, each lasting eight months. The participants are working at least in two different functional areas during their rotations and are accompanied by a personal mentor for the duration of the program.[95]
In January 2007 Siemens was fined €396 million by the European Commission for price fixing in EU electricity markets through a cartel involving 11 companies, including ABB, Alstom, Fuji Electric, Hitachi Japan, AE Power Systems, Mitsubishi Electric Corp, Schneider, Areva, Toshiba and VA Tech.[96] According to the Commission, "between 1988 and 2004, the companies rigged bids for procurement contracts, fixed prices, allocated projects to each other, shared markets and exchanged commercially important and confidential information."[96] Siemens was given the highest fine of €396 million, more than half of the total, for its alleged leadership role in the activity.
Siemens agreed to pay a record $1.34 billion in fines in December 2008[97] after being investigated for bribery. The investigation found questionable payments of roughly €1.3 billion, from 2002 to 2006 that triggered a broad range of inquiries in Germany, the United States and other countries.[98] In May 2007 a German court convicted two former executives of paying about €6 million in bribes from 1999 to 2002 to help Siemens win natural gas turbine supply contracts with Enel, an Italian energy company. The contracts were valued at about €450 million. Siemens was fined €38 million.[99]
Nokia Siemens supplied telecommunications equipment to the Iranian telecom company that included the ability to intercept and monitor telecommunications, a facility known as "lawful intercept". The equipment was believed to have been used in the suppression of the 2009 Iranian election protests, leading to criticism of the company, including by the European Parliament. Nokia-Siemens later divested its call monitoring business, and reduced its activities in Iran.[100] [101] [102]
Siemens has been accused of bribing Greek officials.[103] In 2008, it was revealed that Siemens had bribed the two main political parties of Greece for approximately 10 years to be the sole provider of mechanical and electrical equipment of the Greek state. After the exposure the German authorities moved to arrest the representatives of Siemens in Greece, who had managed to escape from the Greek authorities. The German judicial system didn't allow the Greek authorities to cross-question the representatives. As a result, there wasn't any solid evidence against the corrupt politicians, who weren't arrested and continue to be active in the Greek political system. Meanwhile, the Greek state cancelled the planned business deals.
The name of Siemens AG is also linked to the 1914 Siemens scandal in Japan.


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One of the most significant things a family can do to prepare for a potential challenging disaster is to have an abundant supply of food and water available to them. Food storage provides security and peace of mind that if faced with a disaster, your family won't starve.
In order to effectively store food, you need to rotate it regularly. The last thing you want is to be in a disaster and find that your food has been spoiled and is no longer suitable for safe consumption. Everyone should learn how to properly rotate their foot storage in order to ensure that it stays fresh, and that your money doesn't go to waste because it gets spoiled.
Knowing the expiration date of your food is the first key step. Simply mark the month and date that food will expire on the package. The month and year should always be marked, even if the food has a shelf life as long as 20 years.
Most shelf life time periods are for unopened packages. Once they've been opened, you generally have one year to use it before the food goes bad or expires. A useful tip is to use a different color pen to mark the food with the new expiration date once it's been opened.
Your food supply should be ordered by expiration date once you have marked your food supply. Every six months to a year it is imperative to check all expiration dates and ensure that the food is still good to eat. This will help you know if you are running low or out of any food supplies and need to reorder to keep your emergency supply ready for a disaster.
It is also important that you keep your emergency food storage in an accessible and safe area. Store your food storage in an area that will enable you to perform food rotation on a regular basis. You will not want to store food in your attic if you live in a tornado or hurricane-prone area, just like you will not want to store your food in the basement if you live near flood areas.
Wherever your food storage may be, make sure it's easily accessible during an emergency. Normally all food storage can all be stored together, but double check to make sure food packages don't have any detailed storing guidelines. Food storage should be placed in a dry, dark area with no extreme temperatures. The storage container could spilt, pop, and lead to unanticipated spoiled food due to excessive icy, heat, or sun exposure.
Rotating your food storage regularly will help you to properly manage your food storage to ensure that it will always be useful to you.
About Augason Farms:
Augason Farms is a Utah-based supplier of emergency food supply and survival gear. The company was founded in 1972, and has since become a leader in emergency preparedness for homes, offices, and more.


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Holidays are easy to love. After all, they give us a reason to celebrate. But for crafters, they also give us a reason to make stuff. And we love making stuff!
Since the North Pole Project contest was so much fun, and the turnout was so strong (we had well over 100 holiday-themed projects posted for it), we've decided to have another project contest: Project Cupid! In honor of Valentine's Day, the theme is love. The prize is a free class of your choice. The winner will be the project with the most hearts.
In order to participate, simply upload your love-themed project and put the words "Project Cupid" in the title. Then, send your friends and family to it click the heart. Again, the project with the most hearts wins, and that crafter will win a free registration to any Craftsy class of their choice!
So go on and melt our hearts: make something lovely and post it as a part of Project Cupid!


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Round Zero Gym opens
Report and photos by Felipe Leon
On Friday afternoon, mere steps from the San Diego-Tijuana border, former fighter Sergio "Cero" Sanchez, originally of the boxing hot bed of Los Mochis, MX, invited the Tijuana boxing community to the grand opening of his brand new gym, the Round Zero Box Training Center. Serving as the guest of honor was no other than three time world champion Jorge "Travieso" Arce and tapped as the Godmother of the affair, two time super bantamweight WBC female champ Jackie "Aztec Princess" Nava helped Arce cut the ceremonial grand opening ribbon.
Click the photo to go to the next photo
Sanchez, who as a fighter served as a gatekeeper of the super featherweight division to such diverse fighters as Humberto Soto, Gamaliel Diaz and Martin Honorio among others, is now an established trainer in Tijuana with a growing stable of young fighters. Together with his financial backer Dr. Arturo Alvarez, Sanchez decided to throw his hat in the gym business and opened his modern designed gym. Sanchez has also helped many figters as a conditioning coach.
"I am very happy to be here and be a part of this," Jorge Arce said of the occasion and hinted of his career plans. "I've known Sergio since our days as amateurs back in Los Mochis and he has helped me in many of my camps. My career is coming to a close but I hope before I step out of the rings, I can train for a fight here in Tijuana in this gym."
Jackie Nava, who is in the midst of her training camp for a fight later this year, also spoke to celebrate the occasion.
"I have learned many things from Sergio Sanchez and I hope to do so more in the future," Nava expressed. "I feel honored to be asked to be a part of the inauguration of the gym and I know that Tijuana will have a world champion come out of this gym."
Other fighters who made the trek to the third floor of the building where the gym is housed was #1 WBC ranked lightweight Antonio DeMarco, super featherweight Marvin "Cachorro" Quintero, junior welterweight Rogelio Castañeda and Raul "Jibarito Jr. Quirarte, son of two-time world champion Raul "Jibaro" Perez who will be making his pro debut on Monday, October 25th.
Sanchez, a man of few words, briefly thanked all those in attendance.


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She may be famous for being scary, but the audience at Mel B's first X Factor auditions were brave enough to boo her.
The former Spice Girls singer was a guest judge in Manchester yesterday joining Gary Barlow, Louis Walsh and Tulisa Contostavlos on the panel.
But it seemed that the audience did not appreciate her brutally honest style of judging and during the audition by 81-year-old widower Lou, Mel was not impressed and told him: "I wanted to fall asleep."
The crowd soon let their feelings known and started to jeer her.
However, some fans were also impressed with her no-nonsense attitude and think that Mel B filled a hole following the departure of Simon Cowell.
One said: "Mel was great! It's true that she didn't hold back, but that's going to make great TV.
"Since Simon left, the panel has been missing someone who tells the truth."
Mel - who is a regular judge on the Australian version of the talent show - is the latest star to be a stand-in judge following in the footsteps of her former bandmate Geri Halliwell, Nicole Scherzinger, Leona Lewis and Rita Ora.
- More about:
- Geri Halliwell
- Leona Lewis
- Melanie Brown
- Nicole Scherzinger
- Reality Television
- Simon Cowell
- Syco Productions
- Talent Shows
- X Factor


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Udawalawe and Embilipitiya
About Udawalawe National Park and Embilipitiya
Embilipitiya is a small village, situated in southern Sri Lanka, this is rapidly becoming a commercial hub thanks to its convenient location next to the famous Udawalawe National Park. With numerous accommodation options and a well-made traveller infrastructure, this village provides a fantastic base for those seeking to venture into the leafy confines of the nearby reserve. 158km from Colombo, Embilipitiya is easy to access and has its own unique charm.Read More
The third most visited National Park on the island, Udawalawe has a myriad of interesting flora and fauna helped by the presence of the Udawalawe reservoir on the Walawe river, the surrounding marshes, forests and grasslands. The park's most famous residents are 400 or so elephants. During a visit, it is not unusual to see whole herds of adults and young elephants. Macaques and monkeys remain in uncleared jungle in the park's northern section whilst water buffalo and various species of deer tend to frequent the southern part.
The waterways are home to crocodiles, a myriad of butterflies, and many birds including an endemic Sri Lankan subspecies of jungle fowl. The habitat surrounding the reservoir includes marshes, the Walawe river and its tributaries, forests and grasslands Green algae and blue green algae grow in the reservoir. As the area was formerly a farming region, there is plenty of open grassland which makes spotting elephants easy. There is also a plantation of teak beyond the southern boundary, below the dam, which was planted before the declaration of the park.
Udawalawe National Park and Embilipitiya Tours
Here are some popular itineraries that include a visit to Udawalawe National Park and Embilipitiya
Colombo, Caves & Kandy
Colombo Caves & Kandy Festival
Sri Lanka Safari, Tour & Trek
Safari in Sri Lanka
Go Sri Lanka
Wild About Sri Lanka
Buddha and Beach
Sri Lanka Northeast Explorer
Delhi to Colombo
Udawalawe National Park and Embilipitiya Hotels
If you are planning a Udawalawe National Park and Embilipitiya holiday, have a look at some of the accommodation that we recommend. 'Our Rating' indicates how we feel each property rates according to normal Western hotel standards. 'Local Rating' indicates how the property is categorised/rated locally:
Centauria Tourist Hotel Udawalawe National Park and Embilipitiya
The Centauria is a chic hotel with comfortable rooms that have balconies overlooking the gorgeous lake. Nothing compares to the spectacle of the setting sun reflecting off the still water. Both eastern and western food is available at the buffet that takes place in the hotel's dining room. Fresh fish from the surrounding lake is barbecued for the pleasure of the guests and special healthy meals are also on offer. The Centauria Hotel lies on the edge Chandrika reservoir, close to the small town of Embilipitiya, and just south of the Udawalawe national park.
Udawalawe National Park and Embilipitiya Tailor made suggestions
Here are some of the recent tailor made itineraries we have created for our clients which include a visit to Udawalawe National Park and Embilipitiya.


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Georgia linebacker Jarvis Jones was voted a first-team All-Southeastern Conference selection by the league coaches on Tuesday and five other Bulldogs were selected to the team.
Offensive guard Chris Burnette, freshman tailback Todd Gurley, nose guard John Jenkins and linebacker Alec Ogletree and safety Bacarri Rambo were named to the second team.
Jones, a junior, has 77 tackles, a nation-leading 22.5 tackles for loss, 12.5 sacks an interception, seven forced fumbles and two fumble recoveries through 11 games.
Gurley has rushed for 1,260 yards and 16 touchdowns and became Georgia's first true freshman to rush for more than 1,000 yards since Herschel Walker did so in 1980.
Burnette, a junior, is part of an offensive line that helped Georgia average 184.2 rushing yards per game and allowed quarterback Aaron Murray to rank in the SEC's top five in total offense and passing yards per game.
Jenkins, a senior, has 50 tackles this season, including a combined 17 in the Bulldogs' previous two games. He also had two tackles for loss, a fumble recovery and 15 quarterback hurries.
Ogletree, a junior, leads the team with 98 tackles through nine games and has 8.5 tackles for loss, an interception and a fumble recovery, and he returned a blocked field-goal attempt for a touchdown on Saturday against Alabama in the SEC championship game.
Rambo has a team-best three interceptions and 16 in his career, sitting in a tie with Jake Scott for the school's all-time record. He also has 67 tackles and three forced fumbles.
The conference will announce its individual award winners on Wednesday and the SEC All-Freshman Team on Thursday.
Georgia (11-2) next plays on Jan. 1 in the Capital One Bowl in Orlando, Fla., where it will play Nebraska (10-3).
TE — Mychal Rivera, Tennessee
OL — Luke Joeckel, Texas A&M; Chance Warmack, Alabama; D.J. Fluker, Alabama; Jake Matthews, Texas A&M
C — Barrett Jones, Alabama
WR — Cobi Hamilton, Arkansas; Jordan Matthews, Vanderbilt
QB — Johnny Manziel, Texas A&M
RB — Mike Gillislee, Florida; Eddie Lacy, Alabama
AP — Cordarrelle Patterson, Tennessee
DL — Jadeveon Clowney, South Carolina; Sam Montgomery, LSU; Damontre Moore, Texas A&M; Sharrif Floyd, Florida
LB — Jarvis Jones, Georgia; C.J. Mosley, Alabama; Kevin Minter, LSU
DB — Dee Milliner, Alabama; Matt Elam, Florida; Eric Reid, LSU; Johnthan Banks, Mississippi State
PK — Caleb Sturgis, Florida
P — Kyle Christy, Florida
RS — Ace Sanders, South Carolina
TE — Jordan Reed, Florida
OL — Larry Warford, Kentucky; Gabe Jackson, Mississippi State; Chris Burnette, Georgia; Dallas Thomas, Tennessee
C — T.J. Johnson, South Carolina
WR — Ryan Swope, Texas A&M; Justin Hunter, Tennessee
QB — AJ McCarron, Alabama
RB — Todd Gurley, Georgia; Zac Stacy, Vanderbilt
AP — Ace Sanders, South Carolina
DL — Barkevious Mingo, LSU; Sheldon Richardson, Missouri; John Jenkins, Georgia; Corey Lemonier, Auburn
LB — A.J. Johnson, Tennessee; Jon Bostic, Florida; *Cameron Lawrence, Mississippi State; *Alec Ogletree, Georgia
DB — D.J. Swearinger, South Carolina; Bacarri Rambo, Georgia; Robert Lester, Alabama; Darius Slay, Mississippi State
PK — Drew Alleman, LSU
P — * Dylan Breeding, Arkansas; * Richard Kent, Vanderbilt
RS — Cordarrelle Patterson, Tennessee
(*-Ties) (Coaches could not vote for their own players)


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Opensuse 10.3 Beta 1 Completed
The Opensuse project has just released the first beta version of the new 10.3 distribution.
One click installation technology is just one important new feature says the development team. One click install is an easy-to-use tool that installs programs at the press of a button. It is included with the reworked Opensuse Build Service.
The team has also updated applications and components, and includes KDE 3.5.7, Gnome 2.19.6, Open Office 2.3 Beta, Firefox 184.108.40.206, Cups 1.2.12, Gimp 2.3.19 (unstable) and the Compiz 0.5.2 3D window manager. Just like in the Alpha 7, the Beta uses kernel 18.104.22.168. To give users a foretaste of KDE version 4.0 some components of the next release are included, KDE games for example.
Opensuse 10.3 Beta1 welcomes users and includes a whole bunch of new features.
Opensuse 10.3 will boot faster than its predecessors. Tests with statistics are available online. The Libzypp package management library replaces the Zenworks Management Daemon (ZMD) used previously. Libzypp has improved program dependency resolution and supports faster handling of package downloads. To allow this to happen, standardized aliases are used for repositories. ZMD is still available for Suse Enterprise products.
Opensuse 10.3 Alpha 4 introduced the Instlux installer, which supports the installation of Opensuse from within a Windows session.
Opensuse has also reorganized download versions. The KDE and Gnome desktop versions are now available on separated CDs, removing the need for users to download files they do not need. An Opensuse Beta 1 download is available for various architectures such as i386 and x86-64. The DVD variant is only available via Bittorrent. An upgrade package from the Alpha 7 to the Beta 1 is also available. The final version of Opensuse 10.3 is due for release in October 2007.
Issue 29: Linux Shell Handbook 8th Ed./Special Editions
Buy this issue as a PDF
Linus Torvalds Talks About His Motivation
He never tires of working on the Linux kernel.
Debian 9 Stretches its Wings
The new release of Debian has a very strong focus on security.
Trojan Turns Raspberry Pi into a Cryptocurrency Mining Device
Two trojans in the wild are targeting Linux machines.
Fedora 26 Beta Comes with New Features
The workstation comes with the latest Gnome desktop environment and support for many application build systems.
Raspberry Pi Foundation Merges with CoderDojo Foundation
The two foundations join forces to expand their efforts to reach young people.
Samba Security Hole Patched but Risk is Bigger
Millions of devices that use Samba Server are vulnerable to attacks.
Red Hat Announces OpenShift.io
Red Hat takes its IDE online.
Microsoft Bakes Linux into Windows Server
Microsoft is slowly becoming a Linux vendor.
Fearless Coyote, Linux Kernel 4.11 is Out
The new kernel makes swap implementation more scalable, which will help cloud providers.
Docker Appoints Steve Singh CEO
The new CEO comes from a very strong SaaS background.


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Chace Crawford: Hello Sydney!
Posted Friday December 28, 2012 1:55 PM GMT
Showing some love to his Australian fans, Chace Crawford landed at Sydney International Airport earlier today (December 28).
The CW hunk looked a bit scruffy in a grey t-shirt with jeans and sunglasses as he collected his luggage from the baggage claim and waited for his ride.
Chace recently described the end of his "Gossip Girl" gig as, "a surreal experience. Like leaving college, just without a degree."
As for what's next, Crawford explained, "Working. I just want to be working. I want to do something really shocking. I know I'm capable of it. The right thing just has to come up."
Enjoy the pictures of Chace Crawford arriving in Sydney (December 28).
Photo Credit: FameFlynet.com
filed under Chace Crawford, Travel


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A little over seven months ago I reviewed the Panasonic Lumix DMC-G1, an SLR-like camera using a new lens mount and body design that eliminated the bulky reflex mirror and optical viewfinder that had been a feature of all SLR cameras - film and digital - since 1949. The result was a camera not much bigger than an average super-zoom, but with an SLR-sized Four Thirds sensor and a range of tiny, lightweight interchangeable lenses.
The Micro Four Thirds lens mount and the Four Thirds sensor format were co-developed with Olympus, with the latter being used in Olympus's E-system digital SLRs, and now Olympus has also launched a camera employing the new format, the Pen E-P1.
The camera's unusual name and retro styling are a reference to the original Olympus Pen, a series of half-frame 35mm cameras first launched in 1959 and continued in one form or another until the early 1980s. The model on which the Pen E-P1 is styled is the Pen F, an innovative half-frame SLR that used a rotary shutter and porro prism viewfinder, launched in 1963 and manufactured until 1972. The Pen series were nice cameras and sold well for a half-frame, but they are hardly the sought-after classics that Olympus seems to want us to think. You can pick them up on eBay for less than £20.
Classic or not, there can be little dispute that the E-P1 has an attractive design, indeed with the 17mm "pancake" prime lens that is available it could easily be mistaken for a 1970s-era 35mm compact camera. The body is all aluminium and beautifully finished in either white and tan or the silver and black shown here, which has a nice brushed metal surface. The finger grip on the front panel is hard plastic with a retro leatherette texture.
The E-P1's overall build quality is fantastic, and it has the solid feel of a quality camera, but then it would need to have. The Olympus E-P1 is currently on sale for a rather breathtaking £598 body only, or £699 including the 14-42mm f/3.5-5.6 lens shown here. Choose the lightweight 17mm f/2.8 lens instead and it will cost you £749, while a twin lens kit will set you back a whopping £849. By comparison you can get the excellent Olympus E-620 DSLR, featuring the same sensor as the E-P1, for £498 body-only, or £674 in a twin-lens kit. Style clearly comes at a price.
Olympus PEN E-P1 12 MP Micro Four Thirds w/ 14-42mm Interchangeable Lens *GOOD* 1 bids$99.99 View Item
Olympus PEN E-P1 12.3 MP Digital Camera - Silver$110.00 View Item
Olympus Pen E-P1 Digital Camera & Charger Bundle Rikemon Manual Lens Works Great$149.99 View Item
Olympus PEN E-P1 12.3MP Digital Camera - white (Kit w/ 14-42mm Lens) 0 bids$85.00 View Item
Olympus PEN E-P1 Digital Camera with a c-mount adapter & 35mm 1.7 TV lens, Cool!$159.99 View Item
More information -
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"We played hard, and I thought we had every chance to win," said head coach Bob Huggins. "Sometimes you screw up. We are just trying to do the right thing."
Despite the 40-minute effort, West Virginia fell 65-64 at home to Kansas State. Southwell and guard Rodney McGruder had 17 points each, and the Mountaineers could only hold the Wildcats to 51 percent shooting in the loss.
WVU had various chances to win the game, however.
With less than 25 seconds to play, freshman guard Eron Harris drained a circus baseline jumper to take the lead at 64-63. "It comes down to possessions early in the game that we can't give up and have to work harder for," Harris said.
However, on the other end, WVU forward Dominique Rutledge fouled Southwell and put him to the free-throw lines. Despite the loud "Let's go …Mountaineers" chant in the packed Coliseum, Southwell drained the two deciding free throws.
Player of the Game
|Jabarie Hinds
15 points
3 assists
6-of-10 shooting
The game included seven ties and 11 lead changes.
WVU was led by Hinds, who finished with a career-high 15 points. Forward Aaric Murray had nine-second half points and finished with 11 points in the loss. Freshman guard Terry Henderson had 10 points.
The Mountaineers shot 51.1 percent from the field but struggled from the free-throw line. WVU went just 12-of-22 (54.5 percent). Hinds was just 1-of-6 from the line.
"I just couldn't hit a foul shot. I missed five. That's five we should've had if you think about it that way," Hinds said. "It's a mental thing … Some good things happen, and it feels like some bad things happen. I've just got to get all on the same page."
Harris said: "We work so hard on free throws. We shoot them everyday in practice."
WVU was out-rebounded by just one despite an eight-rebound disadvantage at halftime. The Mountaineers could pull down just four rebounds in the first half.
The Mountaineers and Wildcats had the same amount of points in the paint. Kansas State had 19 points off of 14 turnovers. WVU had just 11 points off the same number of KSU turnovers.
The game was close throughout, as no team had more than a seven-point lead throughout. The final 10 minutes were a one-possession game throughout, yet WVU couldn't get over the hump.
The Mountaineers fall to 8-7 overall and 1-2 in Big 12 Conference play despite giving an effort-filled performance.
"We should've had it," Harris said. "It's tough, but we all know we should've had this game, so we're not going to get too down right now. We still have a lot more games and a lot more ranked teams to play."


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Doctor Who: Genesis of the Daleks
The time-travelling Doctor (Tom Baker) arrives on the war-ravaged world of Skaro to witness the birth of the Daleks.
DVD extras: Audio commentary by Baker, actors Elisabeth Sladen and Peter Miles and director David Maloney, documentaries Genesis of a Classic and The Dalek Tapes, production trivia, a segment from British children's show Blue Peter, a photo gallery and a PDF of a 1976 Doctor Who annual.
Subscribe to The Age and save up to 35%*


text:
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This note was uploaded on 04/07/2009 for the course BUAD 311 taught by Professor Vaitsos during the Spring '07 term at USC.
- Spring '07
- Vaitsos
- Management
Click to edit the document details


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Key West, FL, USA < change city >
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Photographers (11)
Officiants (9)
Cakes (7)
Ceremony Musicians (7)
Caterers (7)
Florists (7)
Limos (6)
DJs (5)
Wedding Day Beauty (5)
Videographers (3)
Decorations (3)
Rentals (2)
Honeymoon (2)
Bartenders & Beverages (1)
Ceremony Sites (95)
Reception Sites (99)
See All Vendors >
ROOFTOP CAFE < this is my business >
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|Restaurants, Welcome Sites, Reception Sites, Hotels/Accommodations
308 Front St
Key West, FL 33040, US
7 ratings
17 descriptions
33 weddings
Add Your Review >
Chastity and Eric's Wedding
"food yummy =)"
Key West Wedding In December
Key West Wedding In November
Tracy and Dan's Wedding
"Gourmet food at an affordable price. They have a standard menu by price but were easy to work with to make some changes. We dropped off some decorations and they set them up for us"
Tracy and Dan's Wedding
Key West Wedding In November
"Rehearsal Dinner"
Key West Wedding In May
"Lindsey really likes this as a brunch spot and friends who have eaten here liked it for dinner."
Diane and Jerrod's Wedding
"We had our reception at The Roof Top Cafe. The food and service were outstanding. They were very easy to work with. I would highly recommend them."
Key West Wedding In October
"308 Front Street Key West, Florida 33040 (305)294-2042 "Above the streets....beneath the stars" New-island cuisine"
Our Wedding
"Couldn't have been happier with them for our wedding reception. The food was amazing! The service top notch. And the drink menu was just perfect...I highly recommend the Mango Mojito."
Edwardsville Wedding In June
"American/Seafood $ - $9 - $14"
Shannon and Josh's Wedding
"Welcome Dinner"
Key West Wedding In April
"This is where the Rehearsal Luncheon will be held."
Jennifer and Michael 's Wedding
"Delicious food and top notch service."
Danielle and Bryan's Wedding
"I would not recommend this venue for your wedding or reception. The owner was rude and yelled at me 2 days before my wedding."
Aimee and Joe's Wedding
"AMAZING! Norman, Wednesday & Brendan ....actually the whole staff made sure that this event was as important to them as it was to us! They made sure that not only did everything go smoothly but that everything was the best it could be! They made our wedding!"
Robin and Brad's Wedding
"Our favorite restaurant"
Alison and Mike's Wedding
"Sunday Brunch then NFL Footbal !"
Key West Wedding In January
Key West Wedding In August
Key West Wedding In February
Key West Wedding In February
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Key West Wedding In November
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Key West Fl Wedding In November
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Megan and Sean's Wedding
Edith and Michael's Wedding
Jessica and Aaron 's Wedding
Erica and Christopher's Wedding
Lauri and Dan's Wedding
Mindy and Chuck's Wedding
Julie and Kieran's Wedding
Carolyn and Christopher's Wedding
Rooftop Cafe
308 Front St
Key West, FL 33040, US


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Core Laboratories (CLB) is a mid-cap oil servicer that has carved out its own niche and is breaking away from its peers. And its free cash flow and returns on capital have been driving its stock higher.
Core is involved in reservoir description, production enhancement and reservoir management services. These services help companies improve reservoir performance and increase recovery rates from their producing fields. Core provides service production and production enhancement, which are often given budgetary priority over exploration and appraisal, so Core operates in less risky areas than do many other servicers. Core has carved out a niche by developing patented oilfield technologies.
By building up a pool of patents and talent instead of heavy machinery, Core has become a free cash flow machine. Last quarter, the company raised an astonishing $0.23 of free cash flow for every revenue dollar. This puts Core at the top of its class among oil servicers in the category of free cash flow, according to Bloomberg's Oilfield Service Report. More impressively, Core Labs increased net income by 12%, despite capital expenditures being only one-sixth of free cash flow.
Management lives by three tenets. The first two are to maximize free cash flow and return on capital, and the two are very much connected. Management's strategy of maximizing free cash flow acts as a competitor for capital within the company, ensuring that only the highest-return projects are allowed. It is no coincidence, then, that Core's return on invested capital (ROIC) is also at the top of that same Bloomberg report. Management expressly believes that stock performance over time is directly related to ROIC, and that belief has been validated by their stock, which has gained more than 2,500% over the last 10 years.
Looking at more recent earnings results, one thing about Core really stands out: constant process improvement in what it does. For example,
- Margins have improved from 30.3%, from 29.7% in last year's first quarter.
- Cost of product has declined to 68% of revenue, from 71%.
- Core Labs continues to increase its revenue by 200 to 400 basis points above worldwide oil and gas activity.
- Finally, this year we saw technological improvements bringing a 10% to 15% increase in lateral coverage for each horizontal well. This will especially help improve unconventional oil recovery rates.
Dividends are Core's third tenet, and they represent final outcome of the company's equation. Since the company is so disciplined in capital expenditure, all that free cash flow must go somewhere. That's where dividends come in. In the past two years, the company has increased dividends by double digits. I believe this will continue for the long term, because revenue and net income are growing steadily.
Core's stock is a victim of its own success, since the stock is trading well above its 15-year average P/E (the blue line) and its "fair value" (the orange line). Thankfully, this chart is also littered with 10%-plus pullback opportunities. Why? Often times, Wall Street's expectations get too exuberant, and the company's results "disappoint." As we can see, the steep drops have created opportunities when the stock trades well below its "normal" P/E. It is best to wait for these moments. Core Labs is a top-notch company, but it is well overvalued here, and we should wait for a pullback to add.


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Multichannel Order Manager (M.O.M.) Enterprise Edition is a great fit for many businesses. Find out if it's the right choice for you! Are you looking for a Multichannel Order Manager (M.O.M.) Enterprise Edition demo, technical support, product or pricing information or to simply to compare Multichannel Order Manager (M.O.M.) Enterprise Edition with competitive options? Quickly get answers and the information you need.
If you're like most businesses today, you probably already use one of several of the most popular PC general ledger accounting packages. At Dydacomp, we don't expect you to give up a system that is already working for your company (and something that your accountant really likes.) That's why M.O.M. lets you keep your existing accounting software by providing an interface to all of the popular software accounting packages available today. Just setup the account numbers in M.O.M.'s G/L maintenance screen and post the M.O.M. A/P and A/R Journals directly into your favorite PC accounting system. It's as easy as pressing the Enter key on your keyboard!
M.O.M. keeps a running journal for each and every transaction that you create during every business day. These transactions fall into one of several different accounts/receivable (A/R) and accounts/payable (A/P) accounting categories. Each of these categories are represented in the M.O.M. G/L Maintenance screen.
The G/L Maintenance screen enables you to assign the account number from your general ledger accounting software for each M.O.M. accounting category. Using either the Post A/R or Post A/P function, M.O.M. automatically summarizes all of the transactions detail in the accounts journal, and creates a special posting file with the corresponding summary figures for each account number in your accounting software. In the case of checks written for customer refunds or vendor payment, M.O.M. includes the detail on each transaction as well. The posting file is formatted especially for whatever accounting package you are using, and you simply import the file directly into your accounting software. It's that easy! And, best of all, your accountant doesn't have to worry about your using another general ledger package because M.O.M. lets you keep the one you already have!
"General Ledger Interface" is part of the Multichannel Order Manager (M.O.M.) Enterprise Edition line of products, developed by Dydacomp.


text: Posted August 24, 2012 Just got the season ticket $24.99... Now downloading the game. 5.4GB I'm at 20% with 70 min to go, then it will have to install. Send me a friend request on PS3 Xx-TruCatzFan-xX Put your huddle user name in message or I will not accept your request. It's about to go DOWN!!!!! 1 person likes this Share this post Link to post Share on other sites


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Today's Hours: 10AM – 5PM
General Inquiries:
Tel: 404-733-4585
Fax: 404-733-4529
Marci Tate Davis
Manager of Public Relations
Tel: 404-733-4585
Twenty students nationwide will be selected for this intensive program following Summer Academies at each museum over the course of the grant period. The Summer Academy is a one-week intensive program consisting of workshops, tours, field trips and networking events with museum professionals. They will be offered in summer 2014 and summer 2015 at each partnering museum. This program is open to freshmen and sophomore students, enrolled in undergraduate programs located near the partner museums, representing historically underrepresented groups in the curatorial field or who support the goal of promoting inclusive, pluralistic museums.
Douglas Druick, President and Eloise W. Martin Director at the Art Institute of Chicago, said, "We are grateful to The Andrew W. Mellon Foundation for funding such a visionary program that will provide students with meaningful formal experience in curatorial endeavors, mentoring, and exposure to professionals across wide areas of expertise, including conservation, education, and digital access. This initiative is critical to the vitality of museums and museum leadership around the country, and I look forward to supporting and encouraging young scholars here in Chicago as the program unfolds."
"We are honored and excited to participate in this important initiative and to help foster future leaders and diversity in the curatorial field," said Michael E. Shapiro, Nancy and Holcombe T. Green, Jr. director of the High. "This program offers the very special opportunity for undergraduate students to gain a true understanding of how museums work and for art institutions to become more inclusive and representative of the communities they serve."
"We believe The Andrew W. Mellon Undergraduate Curatorial Fellowship will have a lasting impact on the next generation of curators," said Michael Govan, LACMA CEO and Wallis Annenberg Director. "We are pleased to partner with our colleagues on this important initiative. We thank the Mellon Foundation for their generous support and applaud their tremendous dedication to pioneering programs such as this."
"Demographers have determined that Houston has the most diverse population of any American metropolis," commented Gary Tinterow, MFAH Director. "Crucially, this initiative will enable us to educate and mentor a new and more diverse generation of museum professionals, one that truly reflects the changing face of our country."
Julián Zugazagoitia, CEO & Director of The Nelson-Atkins Museum of Art, remarked, "I am very proud that the Nelson-Atkins is part of The Andrew W. Mellon Undergraduate Curatorial Fellowship in partnership. We live in the heart of the United States at a crossroads of diverse cultures and perspectives. We have a tremendously talented team of curators and staff excited about helping students shape their future and the rich varied future of our field."
Selected fellows will participate in a multiyear program that provides hands-on experience inside a museum setting, such as working with curators and staff on exhibitions, collections, and programs. Designed as a series of ongoing summer internships at the museum, followed by continued engagement during the academic school year, fellows are provided a stipend and are assigned museum mentors. Mentors will work with students to enrich the academic experience and to increase exposure to the museum context while broadening their understanding of art and art history.
About the High Museum of Art
The High is the leading art museum in the southeastern U.S. With more than 13,000 works of art in its permanent collection, the High Museum of Art has an extensive anthology of 19th- and 20th-century American and decorative art; significant holdings of European paintings; a growing collection of African American art; and burgeoning collections of modern and contemporary art, photography and African art. The High is also dedicated to supporting and collecting works by Southern artists. This year, the High celebrates the 30th anniversary of the Stent Family Wing, designed by architect Richard Meier.
Location and Contact: 1280 Peachtree Street, N.E., Atlanta, GA 30309 | (404) 733-4400 | www.high.org
About the Art Institute of Chicago
The Art Institute of Chicago is a world-renowned art museum housing one of the largest permanent collections in the United States. An encyclopedic museum, the Art Institute collects, preserves, and displays works in every medium from all cultures and historical periods as well as hosts special exhibitions. With a collection of more than 260,000 art works and artifacts, the museum has particularly strong holdings in Impressionist and Post-Impressionist painting, early 20th century European painting and sculpture, contemporary art, Japanese prints, and photography. The museum's 2009 addition, the Modern Wing, features the latest in green museum technology and 264,000 square feet dedicated to modern and contemporary art, photography, architecture and design, and new museum education facilities. In addition to displaying its permanent collection, the Art Institute mounts approximately 40 special exhibitions per year and features lectures, gallery tours, and special performances on a daily basis.
Location and Contact: 111 South Michigan Avenue, Chicago, IL 60603 | (312) 443-3600 | www.artic.edu
About the Los Angeles County Museum of Art (LACMA)
Since its inception in 1965, the Los Angeles County Museum of Art (LACMA) has been devoted to collecting works of art that span both history and geography, in addition to representing Los Angeles's uniquely diverse population. Today LACMA is the largest art museum in the western United States, with a collection that includes over 120,000 objects dating from antiquity to the present, encompassing the geographic world and nearly the entire history of art. Among the museum's strengths are its holdings of Asian art, Latin American art, ranging from pre-Columbian masterpieces to works by leading modern and contemporary artists; and Islamic art, of which LACMA hosts one of the most significant collections in the world. A museum of international stature as well as a vital part of Southern California, LACMA shares its vast collections through exhibitions, public programs, and research facilities that attract over a million visitors annually, in addition to serving millions through digital initiatives, such as online collections, scholarly catalogues, and interactive engagement at lacma.org. Situated in Hancock Park on over 20 acres in the heart of Los Angeles, LACMA is located between the ocean and downtown.
Location and Contact: 5905 Wilshire Boulevard, Los Angeles, CA 90036 | (323) 857-6000 | www.lacma.org
About The Museum of Fine Arts, Houston (MFAH)
Founded in 1900, The Museum of Fine Arts, Houston, is among the 10 largest art museums in the United States. Located in the heart of Houston's Museum District, the MFAH comprises two gallery buildings, a sculpture garden, theater, two art schools and two libraries, with two house museums, for American and European decorative arts, nearby. The encyclopedic collection of the MFAH numbers some 65,000 works and spans the art of antiquity to the present.
Location and Contact: 1001 Bissonnet, Houston, TX 77005 | (713) 639-7300 | www.mfah.org
About The Nelson-Atkins Museum of Art
The Nelson-Atkins in Kansas City is recognized nationally and internationally as one of America's finest art museums. The Nelson-Atkins serves the community by providing access and insight into its renowned collection of more than 33,500 art objects and is best known for its Asian art, European and American paintings, photography, modern sculpture, and new American Indian and Egyptian galleries. Housing a major art research library and the Ford Learning Center, the Museum is a key educational resource for the region. The institution-wide transformation of the Nelson-Atkins has included the 165,000-square-foot Bloch Building expansion and renovation of the original 1933 Nelson-Atkins Building. The Nelson-Atkins is committed to connecting people of all ages with meaningful art experiences.
Through its partnerships with Kansas City community, civic, and cultural organizations and the national and international arts community, The Nelson-Atkins welcomes and engages the diverse population of Kansas City and the surrounding region with enriching exhibitions, cultural programs, and educational activities.
Location and Contact: 4525 Oak Street, Kansas City, MO 64111 | (816) 751-1278 | www.nelson-atkins.org
About The Andrew W. Mellon Foundation
The Andrew W. Mellon Foundation currently makes grants in four core program areas: Higher Education and Scholarship; Scholarly Communications and Information Technology; Art History, Conservation, and Museums; Performing Arts. Within each of its core programs, the Foundation concentrates most of its grantmaking in a few areas. Institutions and programs receiving support are often leaders in fields of Foundation activity, but they may also be promising newcomers, or in a position to demonstrate new ways of overcoming obstacles to achieve program goals. Our grantmaking philosophy is to build, strengthen and sustain institutions and their core capacities, rather than be a source for narrowly defined projects. As such, we develop thoughtful, long-term collaborations with grant recipients and invest sufficient funds for an extended period to accomplish the purpose at hand and achieve meaningful results.
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Media contact:
Marci Tate
High Museum of Art
Tel: 404-733-4585
E-mail: email@example.com


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We've been hearing since the beginning of June that Microsoft, and specifically CEO Steve Ballmer, were prepping a major reorganization of the company to better reflect their new role as a "devices and services" company. Rumors were that we would hear about the specifics of the plan by July 1st but that time has come and gone.
Now, Bloomberg is citing a few sources on one possible plan for the company. One move has Skype president Tony Bates being placed in charge of acquisitions and relationships with software developers, while current head of Windows Julie Larson-Greene (who was on stage recently at Build), would get oversight of hardware engineering for the whole company, including Xbox, Surface and what else Redmond has at their Skunkworks.


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This year at NAB, AbelCine is exhibiting the latest technology in Phantom high-speed cinematography, digital cinema, broadcast, compact cine and high-end optics in our booth. In addition to this, we have launched two new departments, Digital Media Services and Training to better serve our clients. Watch our booth preview to see a sneak peek of some of the equipment we are showcasing. Stay tuned for more reports from the floor of NAB 2011.
Our eyes perceive brightness differently than an electronic sensor does. Video monitors are locked into a standard for color and contrast, but now Digital Cinema camera systems are being used to capture images that are used and displayed in media that can see well beyond those limitations.
Brightness is captured on a Linear scale (LIN), and usually stored with video gamma (REC709) or with a more film-like Logarithmic encoding (LOG). What does this mean, how does one use it, and what capabilities does it represent?
If you've ever taken light readings with a light meter set to foot candles, you're familiar with film's non-linear response to light. In order to increase exposure by one stop, the amount of light hitting the film needs to be doubled. The fact that we perceive a one stop increase in exposure as a linear increase, whether it is a gain over something relatively dark or relatively bright, indicates that our own perception also operates in a non-linear way, similar to film. This response can be closely approximated by a logarithmic function (LOG).
…continue reading An Introduction to LOG and Its Uses
At IBC this year, Sony is showing off two new prototype cameras. The first is their small 35mm sensor size camera, which was shown at NAB in a press conference, and is now on full display. This prototype promises to expand their 35mm line of cameras, which also includes the F35 and SRW9000PL. There are no detailed specs available yet, but Sony indicated that the camera will be available at an affordable price in early 2011.
…continue reading Sony 35 and Sony 3D
Numerous cameras available today feature a "35mm-sized sensor." How is this defined? They all vary slightly in size, and some are shaped differently so that, when used for HD shooting, the usable size is dramatically reduced. Our clients frequently ask how to compare these different cameras and how sensor size affects field of view and lens coverage. On this topic, words and numbers can be difficult to interpret, so AbelCine decided to produce a graphical chart to better compare areas of coverage.
…continue reading 35mm Digital Sensor Comparison Chart
The lucky guys over at Mercedes-Benz Digital Media get to shoot promos for all of the newest cars, and these promo videos appear on television and in Mercedes-Benz dealerships across the country. Recently they approached us to test out the Sony SRW-9000 on one of their shoots. With its 4:4:4 recording, extreme dynamic range and the high quality of the HDCAM SR format, the camera made for an easy choice. I traveled out to Lompac, CA – a city near Santa Barbara that boasts incredible views of the Pacific – with two cameras packed into a small rental car. Once there, I met up with DP Robert Campbell, Production Supervisor Kyle Smith, and the whole Mercedes team. They put one SRW-9000 on a special camera car rigged with a crane, and another on sticks for pass-by shots. Additionally, they used the CamTram system for some tracking shots. Fujinon provided several lenses, and Mercedes already owned the amazing HA13x4.5 lens with built-in precision focus. Robert, the DP, really liked having the ability to change frame rates up to 60P in 1080, and especially appreciated that the camera could ramp the frame rate while shooting. The shoot went smoothly and Mercedes-Benz captured some beautiful footage of several cars, including the new SLS. Check out the video above to see some of this footage, as well as some behind the scenes shots. Notice how well both highlight and lowlight information is preserved, especially during the sunset shots; we also ramped several shots so keep an eye out for those as well.
Anton Bauer recently released a new flexible Solar Panel system that can charge batteries when combined with their Tandem 150 charger/power supply. The Solar Panel folds out to 59 x 43 in (149.9 x 109.2 cm), and uses direct sunlight as an alternate power source. The panel is ideal for remote locations where no power is available, though charging times can vary based on available sunlight, of course. The Tandem 150 is the ultimate light power supply and charger in one. With 150W of power, the unit works with the most power hungry cameras, including the Sony SRW9000 and ARRI ALEXA. When attached to cameras with lower power draw (<75W), it can simultaneously charge a battery as well. The good news is that it will automatically detect the power draw and switch the battery charging option on or off. The Tandem 150 is extremely flexible – it can charge batteries when combined with the solar panel or act as a power supply/charger when working with standard AC or DC from a vehicle (when combined with the CA-TMCL – Vehicle Power Outlet adapter). Combining the the Anton Bauer Solar Panel, Tandem 150, Vehicle Power adapter, and Anton Bauer batteries would make for an excellent power kit that would work in just about any situation.
When Sony first released the SRW-9000, they also revealed their future upgrade path for the camera to include a PL mounted 35mm sensor. Joseph Schimizzi, Sales Support Engineer, for Sony Electronics took a moment to speak with me about the new features of the SRW-9000PL. Watch the video to see all the new features of the SWR-9000PL.


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OSAS is a great fit for many businesses. Find out if it's the right choice for you! Are you looking for a OSAS demo, technical support, product or pricing information or to simply to compare OSAS with competitive options? Quickly get answers and the information you need.
Generate timely, meaningful reports quickly and easily with this powerful OSAS report-writing system. You can perform sort, select, format, subtotal, and process control functions by using keywords, the building blocks that enable GENERAL Report Writer to create sophisticated reports. With full access to all your data files, GENERAL Report Writer can help you sort and analyze your information in almost unlimited ways.
You'll be able to gain control of your data to assess and analyze all aspects of your business. Combine and sort information from any of your OSAS applications into unique reports and compare the information.
Quickly access information with the LIST and PROMPT modes. You can create an instant report with LIST and highlight any file names, field names, or keywords using full-screen pick and point; your report is printed or displayed immediately. Use the PROMPT mode to easily recall, modify, or copy reports.
Built-in flexibility allows you to easily create custom reports; define your own formats using custom headers and footers. Add any number of data fields in any order and sort on any field or combination of fields. You can also adjust field spacing, stack multiple lines of output, or adjust page dimensions.
"GENERAL Report Writer" is part of the OSAS line of products, developed by Open Systems.