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Submission + - Indian company creates steel jobs in the US (moneycontrol.com)

vasanth writes: A top Obama Administration official on Thursday praised Tata Steel an Indian company as a shining example of foreign direct investment (FDI) in the United States that has created jobs in the economy.

Is this going to b a future trend where we will see more and more companies from India and China investing in the US?

Comment At a very basic level.. (Score 1) 339

I do not want to directly oppose some of the misguided views here but I see a lot of hatred for HFT, finance etc but at a very basic level there should be no regulation or hindrance for 2 ppl to exchange value (trade) as long as they believe they are deriving some value out of the transaction they are being part of even if others believe that the transaction is of no benefit (after all who can decide what's of benefit or not).. The idea of trade (any form of trade or barter) from an individual perspective is not for the betterment of society but for their own good but the unintended consequence is advantageous to society as a whole.. People might hate globalisation, free flow of capital etc but there is no denying that the onslaught of globalisation has reduced global poverty but I agree this has been at the price of increased inequality... Increased inequality in my opinion is better than all being equally poor... And for ppl who would disagree that global poverty has reduced just check world bank data on all statistics such as nutrition, health care, life span, access to electricity, telecommunication etc and you will see all there has been a remarkable rise in these factor over the last 30 years all over the world...
IT

Submission + - Laser puts record data rate through fibre (bbc.co.uk) 1

vasanth writes: Researchers have set a new record for the rate of data transfer using a single laser: 26 terabits per second.

At those speeds, the entire Library of Congress collections could be sent down an optical fibre in 10 seconds.

The trick is to use what is known as a "fast Fourier transform" to unpick more than 300 separate colours of light in a laser beam, each encoded with its own string of information.

Submission + - Scientists aim to improve photosynthesis (cam.ac.uk)

vasanth writes: "Two new initiatives at the University of Cambridge aim to address the growing demand on the Earth’s resources for food and fuel by improving the process of photosynthesis.

Four transatlantic research teams – two of which include academics from Cambridge’s Department of Plant Sciences – will explore ways to overcome limitations in photosynthesis which could then lead to ways of significantly increasing the yield of important crops for food production or sustainable bioenergy.

Despite the fact that photosynthesis is the basis of energy capture from the sun in plants, algae and other organisms, it has some fundamental limitations. There are trade-offs in nature which mean that photosynthesis is not as efficient as it could be – for many important crops such as wheat, barley, potatoes and sugar beet, the theoretical maximum is only 5%, depending on how it is measured. There is scope to improve it for processes useful to us, for example increasing the amount of food crop or energy biomass a plant can produce from the same amount of sunlight."

User Journal

Journal Journal: Glee and Fox 2

Glee sucks and so does Fox.

Could they have advertised that piece of garbage programming any more during the Super Bowl?

Comment Re:Wait, carbon trading wasn't a scam to BEGIN wit (Score 1) 228

It really does not matter who you give these credits, it will work as long as there is not an oversupply of them... Let’s say my dog is given some carbon credits, and company 'A' that's polluting would be willing to pay my dog for those 10 credits as long as it is cheaper than the cost of reducing pollution... Now let’s say the cost of reducing pollution is 11$ for that company and they paid my dog 10$ to buy those credits to continue polluting... Now let’s say company B came along and their cost of reducing pollution is 13$, this company would be more than happy to pay 12$ to company A to buy those credits. Company A would now be happy to use $11 to actually implement technology to reduce emission and make a profit of 1$ through trading... Yes giving credit to the wrong people in the first place means some unworthy ppl make some money but the system as a whole will still function as long as there is not an oversupply of these credits...
Transportation

Submission + - Tata Set to Launch World's Cheapest Car

theodp writes: "Ready for one-automobile-per-child (OAPC)? India's giant Tata Group is on the verge of launching the world's cheapest car. The People's Car, slated to be unveiled January 10th at a New Delhi auto show, will carry a sticker price of 100,000 rupees ($2,500), which some analysts say could revolutionize automobile costs worldwide. The cheap car, a pet project of Cornell-trained architect Ratan Tata that he helped design, is aimed at improving driving safety by getting India's masses off their motorbikes and into cars."
Supercomputing

Submission + - Tata supercomputer is world's 4th best (rediff.com)

dineshrx5 writes: "After proving its mettle in areas like steel, automotive and IT services on the global arena, corporate behemoth Tata group has now developed the world's fourth fastest supercomputer that can do 117.9 trillion calculations per second. The supercomputer "EKA", which means number one in Sanskrit, was named Asia's fastest and the world's fourth fastest in the Top 500 Supercomputer list announced at an International Conference for High Performance Computing at Reno (California), USA, on Monday night. This is the first time that such a system developed in India has been ranked among the world's ten fastest."

Comment Re:Great - We can do this, but should we? (Score 4, Insightful) 174

Your comment seems to be similar to the headline on tabloids.. Just because a technology could be used for negative purposes does not mean that it should not be developed.. If your reasoning was used, we should have all been living in caves by now..

By your reasoning
Cars can be used by criminals to travel faster.
A knife can be used to kill
Electricity can be used to kill
Computers can be used by the govt to collect more information abt us effectively

Is that really what we want?

see the flaw in the logic?
Businesses

Submission + - Immigration laws force Microsoft to open in Canada

vasanth writes: "US software behemoth Microsoft Corp. said Thursday it would soon open an office in Canada, lamenting tough immigration rules in the United States that make it difficult to hire foreign staff. The development office, to be opened in Vancouver, a three-hour drive north from Microsoft's Redmond, Washington headquarters, will initially be staffed by some 300 recruits from around the world, the company said. Eventually, it could grow to house as many as 1,000 employees."
Quickies

Submission + - UK petition for government IT projects to be open (pm.gov.uk)

FireFury03 writes: "There is a Petition on the UK government's website calling for publicly funded IT projects to be implemented as Free software. From the petition: "This would allow for more of the public to benefit from the development of the software since the code would be available for anyone to use and improve. Furthermore, compatibility with other Free licences (such as the GPL) would promote rapid development and reduced costs through the reuse of existing code.""
Announcements

Submission + - Perpetual motion exhibit grinds to a halt (kinetica-museum.org)

JoeHep writes: "I'm staying in London for a couple of months and thought I would go see the 'Orbo' exhibit at the Kinetica museum. As it turns out, the hardest aspect of a perpetual motion device isn't keeping it running, it's starting it running. The exhibit has been postponed. From the Kinetica website — "KINETICA OPENING DELAYED: Due to technical difficulties the planned demonstration of Steorn's 'Orbo' free energy technology has been postponed until further notice. As a consequence, Kinetica Museum will not be open to the public during this period. A technical assessment is currently underway and information regarding the rescheduling of this demonstration will be posted on the websites of Steorn and Kinetica as soon as it becomes available. We apologise for this delay and appreciate your patience.""

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Top Ten Things Overheard At The ANSI C Draft Committee Meetings: (5) All right, who's the wiseguy who stuck this trigraph stuff in here?

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