Saturday, 22 June 2013

Michael Dell urges shareholders to support his buyout bid

(Reuters) - Dell Inc's billionaire founder Michael Dell said he would oppose any leveraged recapitalization of the company and called on stakeholders to vote in favor of his buyout offer, ahead of a shareholder meeting next month.

Dell argued his case in a presentation filed with the U.S. Securities and Exchange Commission on Friday, saying that keeping any part of the company public while it transformed itself would hurt Dell's stock price.

That in turn would threaten customer perception and make it more difficult to keep employees, he said.

If his buyout proposal fails to sway shareholders, he reiterated that he will remain with the company but said he "will also oppose the kind of imprudent leveraged recapitalization that has been suggested by certain other parties."

Activist shareholder Carl Icahn, who says Dell's offer undervalues the company, on Tuesday promised shareholders that the company would buy back up to $16 billion of stock if they joined his campaign to stop the computer maker from going private.

Dell could fund a tender offer for its own shares with debt financing, Icahn said.

Michael Dell and private equity firm Silver Lake want shareholders to accept a $24.4 billion bid, aimed at taking the company private while it transform itself into a technology consultant for large companies, along the lines of International Business Machines Corp.

(Reporting by Nicola Leske; Editing by Gerald E. McCormick)

Source: http://news.yahoo.com/michael-dell-urges-shareholders-support-buyout-bid-125740237.html

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Digg Reader Hands-On: Your Google Reader Life Raft Is Here

Digg Reader Hands-On: Your Google Reader Life Raft Is Here

Here's the good news: Digg Reader is a real thing in the world that exists, and at the very latest, you'll have access to it by next Wednesday, June 26th. I just landed at an early invite page for the service, and with a click, imported my 500 or so feeds from Google Reader in seconds. Hey, it works.

Read more...

    


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/L8PnYslk948/digg-reader-hands-on-your-google-reader-life-raft-is-h-530930770

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Will 'The Voice' winner stick with country music?

TV

12 hours ago

She beat out rock and pop performers and even her fellow country crooners on "The Voice," and now it's time for Danielle Bradbery to decide which style of music she's going to go with for her first album.

Will she stick with what led to her win or branch out? Bradbery revealed her choice during a Friday morning visit to TODAY.

"I've been thinking about it," she said. "I love country, and I would want to be more pop-country. Yeah. I love all genres, but I think pop-country."

She's even landed a record deal with the same label as pop-country princess Taylor Swift. And she has a pal who's done well with the same genre -- Hunter Hayes, who performed alongside Bradbery on "The Voice" finale and happened to be on TODAY Friday for a performance of his own.

Before belting out his hits, Hayes gave Bradbery a new guitar. After that, he gave the 16-year-old some advice about what lies ahead for her.

"Enjoy every minute of it," he said. "It's a fast-paced thing, but it's a beautiful thing. The music is wonderful to be a part of. Do your thing. Make sure it's your own music; it's your fingerprint, your soul, your heart."

Source: http://www.today.com/entertainment/will-voice-winner-danielle-bradbery-stick-country-music-6C10409826

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Wallenda to cross gorge near Grand Canyon on wire

SARASOTA, Fla. (AP) ? Nik Wallenda, the Florida-based daredevil, acrobat and heir to the famed Flying Wallendas circus family, is afraid of only one thing.

"I would say the only thing I fear is God," said the 34-year-old Wallenda.

He certainly had no fear of walking across Niagara Falls on a tightrope, riding a bike on a high wire 260 feet above the ground or hanging from a hovering helicopter by his teeth.

On Sunday, Wallenda will attempt an even more ambitious feat, even for a man who was born into a family of risk-takers.

He will bid to walk on a tightrope stretched across the Little Colorado River Gorge near the Grand Canyon. The event, which will be broadcast on live television at 8 p.m. EDT on Sunday with a 10 second delay, will take place on the Navajo reservation near Cameron, outside the boundaries of Grand Canyon National Park.

Wallenda will walk a third of a mile across a wire suspended 1,500 feet above the river. (In comparison, the Empire State Building in New York City is 1,454 feet high).

"I respect deeply what I do and realize there's a lot of danger in it," he acknowledged on a recent day in his Florida hometown of Sarasota.

Wallenda, who is married and has three children, always says a prayer with his family prior to stepping onto the wire.

The 34-year-old is a seventh-generation high-wire artist and is part of the famous "Flying Wallendas" circus family ? a clan that is no stranger to death-defying feats and great tragedy.

His great-grandfather, Karl Wallenda, fell during a performance in Puerto Rico and died at the age of 73. Several other family members, including a cousin and an uncle, have perished while performing wire walking stunts.

Nik Wallenda, who was born a year after his great-grandfather died, began wire walking at the age of 2, on a 2-foot high stretched rope. He grew up performing with his family and as a teen, had an epiphany.

"It's an honor to be carrying on a tradition that my family started over 200 years ago," Wallenda said during a news conference on a recent day in Florida. "When I turned 19, I told my family I was going to set out to make sure everyone in the world knew who the Wallendas were again."

Over the years, Wallenda has performed some dangerous stunts, but his walk across Niagara Falls in June of 2012 placed him firmly in celebrity territory.

Wallenda became the first person to walk on a tightrope 1,800 feet across the mist-fogged brink of the roaring falls separating the U.S. and Canada.

Other daredevils had wire-walked over the Niagara River but farther downstream and not since 1896.

Niagara Falls, Wallenda said, was a dream of his. So is the Grand Canyon.

But here's the difference between the two stunts: ABC televised the walk and insisted Wallenda use a tether to keep him from falling in the river. Wallenda said he agreed because he wasn't willing to lose the chance to perform the walk.

On Sunday, the Discovery Channel will televise the walk, but Wallenda won't wear a tether. There won't be a safety net, either.

He anticipates it will take him about 30 minutes to cross the chasm.

For the last two weeks, Wallenda ? who has a boyish face, strawberry blonde hair and a muscular build ? has been practicing in front of crowds in his hometown of Sarasota.

Each morning and evening, he glides across a two-inch cable strung on the banks of a river. Hundreds of his local fans show up every day to watch, and talk ? Wallenda usually will stop and sit on the wire and take questions from his fans from high above.

"I'm just fascinated by the movement, the way he walks," said Loy Barker, a Sarasota resident who watched one of Wallenda's practice sessions. "He's just an amazing athlete."

Wallenda has tried to simulate different conditions he might face while crossing the gorge.

"It's very important that I train on a cable that simulates the weight, the feeling, the movement of the cable, the way it will move under my feet," he said. "We have also brought wind machines out. I've walked in 52 mile an hour gusts during Tropical Storm Andrea, with a torrential downpour. And we also brought out wind machines where we simulated 45-55 mile per hour gusts. Then I also walked in 91-mile an hour winds that day."

Only one thing could halt the planned wire walk, he says: lightning detected within a 15-mile radius of the wire.

In the meantime, he's training physically and mentally. Wallenda said the adrenaline has "kicked in" and that he's anxious to be suspended with only a 2-inch-cable below his feet.

"I absolutely will look down," he said. "And I'll enjoy the view."

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On the Web: http://skywire.discovery.com/

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Follow Tamara Lush on Twitter at http://twitter.com/tamaralush

Source: http://news.yahoo.com/wallenda-cross-gorge-near-grand-canyon-wire-074701429.html

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Friday, 21 June 2013

Family Finance: Tips for buying, selling in today's market - WTOC.com

SAVANNAH, GA (WTOC) -

With mortgage rates rising quickly, many might wonder if now is a good time to buy or sell a home.

U.S. mortgage rates have risen for the sixth straight week, and Laney Barroll Stark, of Barroll and Barroll Realty in Savannah said she's seen interest rates go up half a percent in three weeks. This is a considerable jump in such a short amount of time.

Stark said this is is because the Federal Reserve is sending out signals they plan to slow down bond purchases. This is causing the 10-year treasury rate to go up, which of course, makes mortgage rates go up.

Stark said she believes now is a good time to buy, and urges those who are interested in a particular area to find an agent that specializes in that area.

She also said if you see something, don't waste any time.

"If there is a property out there you think is a gem, don't sit and wait, because if you think it's a gem someone else is going to think it's a gem. I've been in bidding wars in this market, believe it or not."

If you're looking to sell, Stark said if you absolutely don't have to, it might be better to hold off because you could take a loss from the recession. She also urges sellers to price correctly, otherwise you won't make any movement on the home.

Copyright 2013?WTOC. All rights reserved.

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    Source: http://www.wtoc.com/story/22637868/family-finance-tips-for-buying-selling-in-todays-market

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    3M Mobile Projector MP300


    The 3M Mobile Projector MP300 is my new poster child for products that just miss getting everything right. It's small, lightweight, bright, physically attractive, and easy to set up. But it's limited to a single connector?an MHL-enabled HDMI port?which makes it a great choice if you can take advantage of the connector, and completely useless if you can't.

    The single-port design isn't quite as limiting as it might seem. In addition to letting you connect to image sources with HDMI, Mini-HDMI, and Micro-HDMI connectors, it also lets you connect, using appropriate adaptors, to sources with an Apple Lightning port, a DisplayPort, a DVI-I or DVI-D port, or an MHL-enabled micro USB port, which includes any number of smartphones and tablets. You can even plug in the Roku Stick that we reviewed late last year. In fact, 3M sells the identical projector with the Roku Stick included, as the 3M Streaming Projector ($300 street).

    A major catch, of course, is that the choices don't include either a VGA connector, which is still the ubiquitous choice for Windows computers, or support for USB direct display, which would be a good alternative. Also notable for its absence is a USB A connector that would let you plug in a USB memory key as an image source. That said, however, if you have an image source with a connector you can use, the projector can do an impressive job.

    Basics and Setup
    The MP300 scores well on portability. It measures roughly 2.0 by 4.3 by 4.2 inches (HWD), but seems smaller, because of rounded edges and tapering, and it weighs just 11 ounces complete with its rechargeable battery. Even with the power block, the total weight is only one pound one ounce. However, you may well choose to leave the power block at home, thanks to a long battery life, at a claimed three and a half hours in Eco mode or two and a half hours in Standard mode.

    Like most projectors in its weight class, the MP300 is built around a DLP chip and LED light source, with the light source meant to last the life of the unit. The company rates it at 20,000 hours. The native resolution is WVGA (854 by 480), with input resolutions limited to standard video, rather than common computer, resolutions, at 480p (640 by 480p and 720 by 480p), 576p (720 by 576p), 720p (1280 by 720p), and 1080i (1920 by 1080i and 1440 by 1080i).

    Setup is simple. Plug in a cable, point the projector at whatever you're using as a screen, and focus the image. As is typical for projectors this size, there's no zoom control, which means you have to move the projector to adjust image size. The focus control earns special mention for being much easier to adjust than with most small projectors.

    One potential problem is that although the MP300 comes with an HDMI to HDMI cable, it doesn't come with any adaptors for other ports, and 3M doesn't sell any. That means you'll have to get them elsewhere, which can be more of a problem than you might think.

    The connector is on the back of the unit inside a small depression and facing sideways. The positioning lets you plug in a cable?or a Roku Stick?and then close the back cover without anything sticking out behind the MP300. Unfortunately, the limited clearance between the edge of the connector and the body of the projector can get in the way.

    In addition to the HDMI to HDMI cable that comes with the projector, I tried four different cables with an HDMI connector on one end and found that two of them wouldn't seat properly. This would be less of an issue if 3M also included, or at least sold, cables and adaptors that were guaranteed to fit, but it doesn't. For my tests, I connected the projector to a Blu-ray player, using one of the HDMI to HDMI cables that fit properly.

    Brightness and Image Quality
    The MP300 is rated at 60 lumens. That's less than some other, slightly heavier, LED-based portable projectors, like the 300-lumen Editors' Choice 3M Mobile Projector MP410, and it's a lot less than typical projectors that use standard lamps, like the 2,800-lumen Editors' Choice Epson EX3212 SVGA 3LCD Projector that I recently reviewed. As I've pointed out in other reviews, however, perception of brightness is logarithmic, so if one projector offers one fifth as many lumens as another projector, you'll perceive it is as being far more than one fifth as bright.

    Based on The Society of Motion Picture and Television Engineers (SMPTE) recommendation for image brightness, a 60-lumen image using a 1.0 gain screen is suitable for a 30 to 41-inch diagonal image at a 16:9 aspect ratio in theater dark lighting, or a roughly 20-inch image with moderate ambient light. For my tests, however, I found the MP300 usable for long sessions at slightly larger sizes as well, settling on a 41-inch wide (46-inch diagonal) image as bright enough for comfortable viewing.

    With no VGA port on the MP300, I couldn't run our standard suite of data image tests. However, the projector scored impressively well on our video tests, despite the low native resolution putting some obvious limits on its ability to show fine detail.

    It did an excellent job resisting posterization (shading changing suddenly where it should change gradually) and a good job with shadow detail (details based on shading in dark areas), even in scenes that tend to cause those problems. It also did a good job with skin tones, and showed only a minimal level of noise. The quality was certainly good enough to be comfortable to watch for long sessions.

    Rainbows and Other Issues
    Rainbow artifacts, with light areas breaking up into little red-green-blue rainbows, are always a potential concern for any single-chip DLP projector. Even though I see these artifacts easily, however, I saw very few with most test clips with the MP300. The exception was with a black and white clip, where they showed often enough to be annoying. Even so, unless you're planning to watch black and white movies or old TV shows, it's unlikely that you'll find the rainbow artifacts bothersome.

    Also demanding mention is the MP300's 2-watt speaker. As with the sound systems in most small projectors, it's essentially useless. Even at full volume, it was barely loud enough to make out words in a quiet room from a foot away. If you need sound, plan on using the audio output port, preferably with a powered headset or speakers.

    I'd like this projector a lot better if you could use it with a computer by way of VGA or USB Direct Display. But if you have an HDMI port or other digital video output on your computer, or you don't need to use it with a computer, that's not an issue. The projector has a lot to recommend it otherwise, with a usably bright, reasonably high quality image; easy setup; light weight; and long battery life. If you need a highly portable projector for an image source that the 3M Mobile Projector MP300 works with, it's a more than attractive choice.

    Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/zEPP0B9_f8I/0,2817,2420713,00.asp

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