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Source: http://55.mascombd.net/beats-by-dre/exactly-what-is-different-relating-to-payday-advances-micro-loan/

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Oracle's fiscal 4Q sales disappoint Wall St. again

SAN FRANCISCO (AP) ? Oracle is still having trouble closing enough business software deals to keep Wall Street happy.

The quarterly results announced Thursday could escalate investors' fears about Oracle's ability to adapt to the changing demands of its customers. Businesses and government agencies are increasingly buying software through monthly or annual subscriptions that enable employees to access applications on any machine with an Internet connection. This "cloud computing" approach is a shift from Oracle's traditional approach of licensing software that is installed on individual computers kept on the premises of its customers.

Oracle has been rolling out more cloud computing options through acquisitions and in-house development, but its recent performance is raising questions about its ability to compete in this increasingly important segment of technology.

"It's a very difficult transition," Forrester Research analyst Andrew Bartels said. "It's something they are clearly nervous about."

Investors are jittery, too. Oracle's stock plunged $2.81, or 8.5 percent, to $30.40 after the numbers came out.

A similar sell-off occurred three months ago when Oracle's previous quarterly report proved to be a letdown.

The latest report also contained troubling signs as several key gauges fell below the analyst projections that steer Wall Street's expectations.

In an apparent attempt to offset the slowdown in its software sales, Oracle is doubling its quarterly dividend. A payment of 12 cents per share will be made on Aug. 2 to shareholders of record as of July 12. Oracle will also try to boost its stock by spending an additional $12 billion buying back its own shares.

The Redwood Shores, Calif., company earned $3.8 billion, or 80 cents per share, in its fiscal fourth quarter. That represents a 10 percent increase from income of $3.5 billion, or 69 cents per share, at the same time last year.

If not for certain expenses unrelated to its ongoing business, Oracle said it would have earned 87 cents per share. That matched the average estimate among analysts surveyed by FactSet.

But revenue remained unchanged from the same time last year to $10.9 billion ? about $170 million below analyst forecasts.

In a particularly telling sign, Oracle's sales of new software licenses and cloud computing subscriptions increased just 1 percent from last year. The mid-range of an estimate provided by Oracle's management in March called for a 6 percent increase. New software licenses and subscriptions are considered to be a key measure of a software maker's health because they set up a steady flow of future revenue.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-06-20-Earns-Oracle/id-c497b7e6ecd2439c8af46bc464962741

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Saudi to expel Hezbollah supporters over Syria war

BEIRUT (AP) ? In the latest sign of the fissures growing in the Arab world over the Syrian civil war, Saudi Arabia's ambassador to Beirut has announced that the kingdom plans to deport Lebanese who supported Hezbollah, one of Damascus' key allies.

The warning comes as the Lebanese Shiite militant group takes an increasingly prominent role in the Syrian war, fighting alongside President Bashar Assad's troops in a key battle earlier this month. Saudi Arabia is a strong backer of the mostly-Sunni Syrian opposition trying to remove Assad from power. Assad belongs to the minority Alawite sect, an offshoot of Shiite Islam.

It follows the decision earlier this month by the Gulf Cooperation Council ? which includes Saudi Arabia, Kuwait, Bahrain, Qatar, Oman and the United Arab Emirates ? to crack down on Hezbollah members in the Gulf and limit their "financial and business transactions."

Hezbollah says it has no businesses in the Gulf nations. However, there are more than half a million Lebanese working in the Gulf Arab nations, including tens of thousands in Saudi Arabia, some of whom have been living in the kingdom for decades. Many of those Lebanese are Shiites.

Saudi Arabia will deport "those who financially support this party," Ambassador Ali Awad Assiri told Lebanon's Future TV late Wednesday. He did not elaborate on whether other actions could be also considered support for Hezbollah.

"This is a serious decision and will be implemented in detail," Assiri said, without specifying when the deportations would begin. "Acts are being committed against innocent Syrian people."

Lebanon's Foreign Minister Adnan Mansour told reporters Thursday he was in contact with Gulf officials over the matter. Hezbollah and its allies dominate Lebanon's current government, which resigned March 22, but continues to run the country's affairs in a caretaker capacity.

Syria's 2-year civil war, which has killed nearly 93,000 people, is increasingly pitting Sunni against Shiite Muslims and threatening the stability of Syria's neighbors. Assad draws his support largely from fellow Alawites as well as other minorities including Christians and Shiites. He is backed by Shiite Iran, Hezbollah and Iraqi Shiites.

U.S. officials estimate that 5,000 Hezbollah members are fighting alongside Assad's regime, while thousands of Sunni foreign fighters are also believed to be in Syria ? including members of Jabhat al-Nusra, an al-Qaida affiliate that is believed to be among the most effective rebel factions. Public opinion in Sunni states is often sympathetic to the rebels.

Fighting between pro- and anti-Syrian groups has broken out in Lebanon, and Hezbollah's involvement in Syria is deepening tensions at home.

Lebanese President Michel Suleiman, who has been increasingly critical of the group recently, said in remarks published Thursday that he is against Hezbollah's involvement in Syria and that Hezbollah fighters should return to Lebanon.

"I told them from the start that I am against this act," he was quoted by al-Safir daily as saying.

In Syria, activists reported violence between government forces and rebels in different parts of the country on Thursday, mostly near the capital Damascus and in the northern city of Aleppo, Syria's largest urban center and its commercial hub.

The Britain-based Syrian Observatory for Human Rights said 11 rebels were killed in a battle with government troops in Aleppo, where the opposition has controlled whole neighborhoods and large swathes of surrounding land since last summer.

Pro-regime media outlets announced earlier this month that troops had launched an offensive to build on the momentum of their Qusair triumph to retake Aleppo and other areas of the north.

Another activist group, the Syria-based Aleppo Media Center, said rebels launched an attack on army positions in the city's Suleiman al-Halabi neighborhood. There were no immediate reports of casualties on the government side in the fighting.

Amateur videos showed gunmen shooting and firing rockets at army positions in the neighborhood. The videos appeared genuine and corresponded to other AP reporting on the events depicted.

Meanwhile, Syria's main Western-backed opposition group said 40,000 civilians in two northern districts of Damascus in which government forces have been operating are suffering food shortages and lack medical supplies.

"After six months of continuous siege, (and ) military checkpoints ... the neighborhoods of Qaboun and Barzeh are at risk," the Syrian National Coalition said in a statement. It said the government forces conduct frequent raids in the two districts and there is fear that such army operations will result in a "massacre."

Also on Thursday, the Observatory urged the International Committee of the Red Cross and other humanitarian organizations to intervene and take medicine and food to Aleppo's central prison. Heavy fighting around the prison has raged for weeks and there have been casualties among the prisoners, the activists said.

The Observatory, which has a network of activists around the country, said three detainees died this week from tuberculosis and that scabies was spreading in the jail, which holds thousands of prisoners.

The prison, which is besieged by rebels, relies on food and medicine brought in drop-offs by army helicopters. The Observatory said more than 100 detainees have been killed since April when the fighting around the prison began.

Meanwhile, Syrian rebels and Kurdish gunmen reached an agreement to end a rebel siege of the northern predominantly Kurdish region of Afrin that triggered a shortage of food and medicine there, the Observatory said.

The Afrin flare-up began when rebels wanted to pass through it to attack the predominantly Shiite villages of Nubul and Zahra, controlled by Assad loyalists, the head of the Observatory, Rami Abdul-Rahman, said. After Kurdish groups refused, rebels attacked Kurdish checkpoints and laid siege beginning on May 25.

Source: http://news.yahoo.com/saudi-expel-hezbollah-supporters-over-syria-war-093852965.html

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NSU's Brooks to Study, Coach In Ireland

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Source: http://www.meacsports.com//ViewArticle.dbml?DB_OEM_ID=20800&ATCLID=208461963

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How High Speed Traders Use Microwaves to Make Money

The days of traders shouting orders on the New York Stock Exchange's floor may soon be over. A new breed of investing, known as High Frequency Trading, has taken hold of the equities market?one that relies on computerization and automation to exploit momentary price changes for an investor's financial gain. And where latency is the primary measure of success, calculated in milliseconds, fiber might not even be fast enough. But that's where the microwave radios come in.

HFT activity accounted for nearly 40 percent of the total volume of equities traded in 2012, a figure worth some 6.7 trillion euros. That's 6.7 trillion reasons for a pair of companies, Perseus Telecom and Colt Group SA, to offer their customers a microwave radio transmission service between the NYSE Euronext Basildon data center in London? home to the Euronext cash and Liffe derivatives markets?and Equinix in Frankfurt?where both the Deutsche Boerse cash and Eurex derivatives markets reside. Together, they're two of Europe's largest investment hubs.

Microwave radio is a line-of-sight transmission scheme that relies on a pair of high gain microwave radio antennas pointed at one another to transmit data at very high speeds. And by "high speeds," I mean they'll actually transmit data faster than the fiber optic networks offered by each company simply because the data travels a shorter distance? thanks line-of-sight requirement! Each radio relay has a maximum range of about 30 to 40 miles and are often located on mountain peaks because, again, line-of-sight and whatnot.

The technology itself is nothing new, AT&T has been developing microwave technology since its Long Lines systems in the 1950s and '60s. These relays used to daisy chain across the US but were overtaken by fiber optic technology in the 1980s. These days, microwave radio links are most often used by news vans to beam a feed from the reporter in the field back to the studio. That said, "There is more money being poured into this wireless space than any time in its history," remarked Mike Persico, chief executive of wireless communications network Anova Technologies. "High frequency trading is driven by being either the fastest to market, or equal fastest to market, and coming second is like losing," Hugh Cumberland, a manager at Colt, said in a press release.

Both companies microwave systems offer similar performance?reducing the time required to access the market by 40 percent, in the sub-4.6ms to 4.74 ms range, and offering 99 percent uptime. That's nearly half the ping time of the fastest fiber routes, which clock in at a pokey 8.3 milliseconds.

Yes, of course this method of investing is risky?especially to the market as a whole! Remember the biggest-ever daily plunge in gold values? Really? It happened just last month. HFT scripted responses that dumped gold as values fell only helped to exacerbate the price plunge. Similarly, the "flash crash" of 2010, when the US stock market plummeted 1,000 points in less time than it takes to heat a frozen burrito, is attributed to HFT systems. Ten percent of the stock market's value?poof, gone?in minutes.

No, of course the risk of setting off another Great Depression isn't enough to dissuade investors from the practice. ?Our customers are always looking for speed to market advantage,? said Andy Young, a Colt transmissions specialist. ?A combination of both microwave and fibre is the latest technology weapon in a high frequency trader?s armoury, as the race for more market liquidity gathers pace.?

Anything for a buck.

[Reuters - Colt - Low Latency 1, 2 - Images: The AP]

Source: http://gizmodo.com/how-high-speed-traders-use-microwaves-to-make-money-486353476

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And The Winner Of TechCrunch Disrupt NY 2013 Is? Enigma!

Ladies and gentlemen, we have a winner. This year’s crop of Disrupt NY Battlefield startups has been one of our strongest yet, but out of the 30 that entered the fray only seven would go on to the final round. HealthyOut, Enigma, Floored, Glide, HAN:DLE, SupplyShift, and Zenefits emerged from the pack as our seven finalists, and their respective teams were faced with another challenge. They had to take the stage one more time to present and face even more intense scrutiny from our judges, Sequoia Capital partner Roelof Botha, Allen & Co. managing director Nancy Peretsman, SV Angel managing partner David Lee, KPCB partner Chi-Hua Chien, CrunchFund partner (and TechCrunch founder) Michael Arrington, and TechCrunch co-editor Eric Eldon. Our judges sequestered themselves backstage at the Manhattan Center for quite some time, but they eventually settled on one ambitious startup. Disrupt NY Battlefield winner: Enigma Enigma, founded by Marc DaCosta, Hicham Oudghiri, Jeremy Bronfmann, and Rapha?l Guilleminot, is a web service that allows its users to dig into a vast amount of publicly available (but hard-to-obtain) data. The service pulls its data from more than 100,000 data sources, but the process of sifting through all this information is deceptively simple ? a quick search for a person?s name and company brings up multiple previewable tables of information, and jumping in and playing with data is thoughtfully executed. Thinking of Enigma as a sort of Wolfram Alpha for public data gets you close, but Enigma is much smarter when it comes to finding connections between seemingly disparate data points. To date, Enigma has raised $1.45 million in seed stage funding, and has locked up partnerships with the Harvard Business School, research firm Gerson Lehrman Group, S&P Capital IQ, and newly-minted strategic investor the New York Times. You can read more about Enigma here And the runner-up: Handle Handle (or HAN:DLE), founded by Shawn Carolan and Jonathan McCoy, is a so-called ?priority engine? available as a web app and iOS app that aims to make users become more productive. And how do the apps do that? By basically folding the functionality of an email client and a task manager into a single service. Users are able to ?triage? their emails, as well as archive them for later perusal, but they?re also able to create tasks and schedule them for completion on a given day. The web app is full of power-user shortcuts

Source: http://feedproxy.google.com/~r/Techcrunch/~3/jW8xrnjwSfs/

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Intel Iris: Integrated Graphics Are Finally Awesome

Intel's integrated graphics have taken plenty of heat over the years, and most of it deserved. But the climb to respectability that started back with Sandy Bridge is about to get a turboboost. Meet Iris, the biggest generation jump in Intel's integrated graphics to date. Get ready to game.

Read more...

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/-gawcZPEs70/intel-iris-integrated-graphics-are-finally-awesome-486483980

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