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Thursday, April 26, 2012
How Ridiculous Does This Headline Sound?
Could Justin Bieber Perform With An Elvis Hologram?
The creators of Tupac's Coachella hologram reveal other artists they'd like to bring back to life: Jimi Hendrix, Kurt Cobain, Michael Jackson.
By Jocelyn Vena
The world can't seem to get enough of that Tupac hologram from the Coachella festival. The late rapper's lifelike image left fans in awe as it performed alongside Snoop Dogg during his set with Dr. Dre.
The people behind the projection system that created the incredibly realistic likeness of the MC are now cooking up ideas of who else they might want to bring back to life.
Speaking to NME, Sanj Surati, head of music at Musion Technology Ltd, explained that one of music's greats could one day perform alongside one of pop's biggest stars. Asked whether there were plans to bring back Elvis Presley and perhaps have him perform next to Justin Bieber, Surati said it "would be a cool thing."
If an Elvis/Bieber collabo can't shake out, Surati explained there are others he'd like to see come to life: "Jimi Hendrix, Kurt Cobain, oh, and Michael Jackson would be the ultimate one," he said. "Maybe even Whitney Houston."
As for the future of the famous Tupac-ogram, well, Surati hopes it can be resurrected once again on a bigger-scale tour. "This is obviously a historic and exciting initiative that we're all witnessing currently, and it would make sense for them to bring it to Europe," he said. "And maybe take it to the rest of the world."
Since the debut of the Tupac hologram, fans have been wondering what other beloved performers could find new life using this technology. On the 10-year anniversary of Left Eye's death, there was an unconfirmed report from TMZ that TLC might bring back the group's sassy rapper for a "massive 2012 reunion tour." The group has yet to comment on the rumor.
Which artist would you like to see brought back to life as a hologram? Sound off below!
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Wednesday, April 25, 2012
Student loans: Is petition to forgive debt completely a good idea?
Students and parents will think so. But blanket amnesty for all student loans could destroy the student-loan system and might not do much to address the underlying problem.?
Large numbers tend to get people?s attention, especially the 13-digit kind. So now with news that student college debt is hitting the $1,000,000,000,000 mark, everyone seems to be talking about it.
Skip to next paragraphPresident Obama wants to delay the interest-rate hike on government-backed student loans scheduled for this July and will say so in his Saturday radio address ? and then again when he hits college campuses next week to promote the plan. For their part, Department of Education officials stood up for the plan on Friday. And April 25, the Occupy movement is set to occupy colleges to highlight the issue.?
But an online petition that has gathered nearly 700,000 signatures has a better idea ? erase the debt completely, says creator Robert Applebaum.
?Forgiving the student loan debt of all Americans will have an immediate stimulative effect on our economy," he says in the petition. "With the stroke of the president's pen, millions of Americans would suddenly have hundreds, or in some cases, thousands of extra dollars in their pockets each and every month to spend on ailing sectors of the economy."
Forgiving student loan debt, he adds, ?rather than tax cuts for corporations, millionaires, and billionaires, has a much greater chance of helping to raise [the economic] tide in a much shorter time-frame.?
But while the idea has certainly gotten the ear of beleaguered grads ? and their families ? erasing a?trillion dollars of debt by presidential fiat could destroy the future of college loans while doing nothing to address the underlying problem, economists and financial experts say.
Regardless of whether the loan is a government or private loan, forgiveness will mean someone loses. Either the taxpayers in aggregate in the case of federal loans or private lenders on private loans
?Who in their right mind, A) would make loans to students if the loans can be forgiven later on? Or B) invest in an income trust vehicle where the asset of the investment can disappear due to 'forgiveness?' ??says?Kevin Worthley, a?certified financial planner in?Rhode Island and a specialist in college financial strategies,?via e-mail.?
Even if there were lenders willing to risk their money, ?the interest rate they would rightfully require for the risk incurred may likely be far more than future students would be willing to pay and cries of 'usury' to the government could result,? he adds.
Credit is?fundamentally based upon trust, agrees?Mitchell Weiss, adjunct professor at the University of Hartford's?Barney School of Business?in Connecticut.
?If I loan you some money, I trust that you?re going to pay it back to me,? he says. ?Wholesale forgiveness, amnesty ? whatever you want to call it ? will fundamentally undermine a process that is thoroughly integrated within our society.??
Moreover, it doesn't really solve the problem, says Professor Weiss.
?Students need better financial tools," says Weiss, the author of ?Life Happens,? a textbook for student financial planning. "But the laws need to be adjusted as well, Bankruptcy laws need to be amended."
A 2005 change in bankruptcy law means that "education loans are not dischargeable in bankruptcy except in cases of undue hardship.? This, he says, "is really tough to prove.?
Loosening the law would give lenders and ex-students more leeway to find compromises, he says.?
?When a lender knows that the person that?s sitting on the other side of the table has the ability to pull the plug by declaring bankruptcy, and ... that lender doesn?t have collateral to foreclose upon in order to make itself whole, then that lender is pretty motivated to find a compromise solution to avoid the loss that would surely follow,? he says.?
Will the petition make any difference?
Possibly, says Lindsay Hoffman, communication professor at the University of Delaware. Online social media has the ability to reverse the relationship between the government and the governed, she notes.
?Politicians used to set out what they thought was important and voters would respond,? she says, but ?what we are seeing here is a reversal of the agenda-setting process.?
Increasingly powerful social media tools such as this online petition have the power to ?set the agenda and politicians respond to those collective voices being raised.?
"That,? she says, ?is something new.?
Indeed, the political action group Moveon.org has picked up on the momentum behind Mr. Applebaum's original petition to funnel support to a bill now before Congress, the Student Loan Forgiveness Act of 2012, which would help students with loans ? though it is not a complete amnesty.?
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Bell Canada launches revamped push-to-talk service, now with added 4G
People have been pushing to talk for a good number of years, but it's a service that has largely remained untouched by the passing of time. Bell, however, thinks it's due a little lick of "next-generation" paint. What's new? Well, the firm boasts that it's the firs PTT service in North America to make use of 4G, which on Bell, means a slice of that "up to" 21Mb goodness. The service launches on a slew of devices that includes the BlackBerry Curve 9360, the Samsung Galaxy SII and the rugged Sonim XP5520 with a range of plans available. Want to know more? Push (the press release button) to find out more.
Continue reading Bell Canada launches revamped push-to-talk service, now with added 4G
Bell Canada launches revamped push-to-talk service, now with added 4G originally appeared on Engadget on Tue, 24 Apr 2012 20:26:00 EDT. Please see our terms for use of feeds.
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ARM reports revenues up 13 percent, bicep-curling profits up 22 percent
UK-based chip designer ARM just announced another booming quarter, with revenue up by 13 percent to $209.4 million. Pre-tax profits were even stronger, growing 22 percent year-over-year to $100 million. Not a bad profit margin by anyone's standards, and due to entirely to the Cambridge outfit's business model, which has seen 22 new processor licenses signed this quarter. That includes everything from the smallest Cortex-M class chips for use in the "Internet of Things" right through to the mini-monster Cortex-A15. There were also two new signings for the Mali graphics core, which is still proving its worth in some of the latest Samsung Galaxy devices. Overall, the number of chips that went into mobile phones and mobile computers remained steady, but the shipment of chips for other types of consumer and embedded devices grew by 15 percent year-on-year, proving that ARM not only has muscle, but also fingers in pies.
ARM reports revenues up 13 percent, bicep-curling profits up 22 percent originally appeared on Engadget on Tue, 24 Apr 2012 04:30:00 EDT. Please see our terms for use of feeds.
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