Business

Spoof shows turn tables on celebrity obsession

LOS ANGELES (Reuters) – Watch out Britney, Octomom and Paris! Shows spoofing your fame are piling up faster than celebrity magazines in a hair salon, and they include a stage musical and animated TV programs.”Popzilla,” the latest show to declare open season on Hollywood celebrities and their reality TV kissing cousins, will premiere on cable television’s MTV on Monday.The acerbic newcomers are putting a new twist on the public appetite for celebrity news. Nearly 55 million Americans visited an entertainment news site in May, digital tracking firm comScore said.”Popzilla” was conceived to match the fast-paced, often raunchy celebrity TV news…


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Business

Brad Pitt honored for humanitarian work in New Orleans

NEW YORK (Reuters) – Actor Brad Pitt was honored on Thursday for his humanitarian work in helping rebuild hurricane-ravaged New Orleans at former U.S. President Bill Clinton’s philanthropic summit, the Clinton Global Initiative.Pitt was presented with a plaque from the U.S. Green Building Council which said the actor and his foundation “Make It Right” had created the “largest and greenest single-family community in the world.”"‘Make It Right’ has exceeded my expectations,” said Pitt who set up the foundation in 2007.”Our criteria from the beginning were at odds, to say the least. We demanded that these homes be sustainable, that they…


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Business

Iran defiant in nuclear row ahead of Geneva talks

TEHRAN (Reuters) – Iran voiced defiance on Saturday in the face of Western condemnation over a new nuclear fuel plant, with a senior official saying the facility would soon be operational and make the “enemies blind.”U.S. President Barack Obama demanded on Friday that Iran come clean about its nuclear program or risk “sanctions that bite” after the disclosure of the new uranium enrichment plant under construction southwest of Tehran.On Saturday, Obama said the discovery of the facility showed a “disturbing pattern” of evasion by Tehran which added urgency to its planned talks with world powers in Geneva on Thursday.The West…


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Business

AT&T looks to flip net rules debate on Google

WASHINGTON/NEW YORK (Reuters) – AT&T Inc said any new “net neutrality” rules imposed by U.S. regulators need to apply to Web companies like Google Inc as much as to phone companies to ensure a level playing field.In a letter Friday to the head of the U.S. Federal Communications Commission’s Wireline Competition Bureau, the biggest U.S. telephone company argued that Google would have an unfair advantage if its Voice service is not subject to the same rules proposed by the FCC on phone operators.”To the extent ‘net neutrality’ is animated by a concern about ostensible Internet ‘gatekeepers,’ that concern must necessarily…


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Business

IBM offers fixed-cost BlackBerry support for enterprises

IBM wants to manage BlackBerry devices for enterprises and will now do so for a fixed cost.IBM has been offering BlackBerry management services for businesses, but there was no standard cost model, said Dan Papes, vice president of IBM Mobile Enterprise Services.[ Which mobile device is the best? InfoWorld pits the BlackBerry versus the iPhone in its mobile deathmatch. | Dive deep into the next-gen mobile devices in InfoWorld's PDF special report. ]Now, an enterprise can pay a fixed fee per user per month and IBM will manage the BlackBerry service, including secondary end-user support, integration with corporate back-end systems,…


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Business

Philips Brings Home Cinema 21:9 Experience

The experience of cinema is just going to get bigger with the launch of Philips Cinema 21:9. Movies are displayed in the 21:9 aspect ratio — exactly as the director intended — on its 56-inch Full-HD screen. Cinema 21:9 is the world’s first TV to deliver a true cinematic viewing experience in the comfort of the home, informs Mahesh krishnan, vice president, consumer lifestyle, Philips, to Tech Gadgets. Traditional LCD televisions compromise on the cinematic viewing experience either by changing the aspect ratio to fill the screen – losing the full scope of the original shot – or by inserting…


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Business

APN approves Mapsa project to build specialized mineral terminal in Ica – Peru

A project presented by mining firm Minera de los Andes y el Pacífico (Mapsa) to build a specialized mineral terminal in San Juan de Marcona port in Peru’s Ica region has been approved by the national port authority (APN), government news agency Andina reported. The total US$2.2bn budget also includes the construction of a rail line from Andahuaylas in Apurímac region to the port where the mining firm can export minerals. Mapsa has around 330,000ha of iron ore properties in Apurímac. The company will spend US$450mn to improve the port area, APN president Frank Boyle said. While investments will start…


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Business

China Showers Gifts On Resources-Rich Timor

Dili’s gleaming new Presidential Palace and Foreign Ministry, gifts from China, stand in stark contrast to nearby burnt-out buildings and are symbols of how the energy-hungry superpower is growing closer to tiny, oil-rich East Timor.In the 10 years since the independence vote that led to a split from Indonesia, China has spent more than $53 million in aid to East Timor, also known as Timor Leste.While that is just a fraction of the $760 million in Australian government aid, China has raised its profile in dusty Dili in several other ways.It is building big and showing generosity such as its…


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Business

Hyundai Motor inks MoU with BoR for car loans

Hyundai Motor India Ltd (HMIL), the second largest car manufacturer and the largest passenger car exporter signed a Memorandum of Understanding (MOU) with Bank of Rajasthan, a leading private sector bank with a nationwide presence, for facilitating car loan financing for its range of vehicles. With a stronghold in the state of Rajasthan, the bank boasts of a presence of 463 branches across India. Bank of Rajasthan is committed to a high level of customer satisfaction through efficient and personalized services. This association with HMIL will help both the partners reach out to wider market base by making auto loans…


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Business

U.S. tire duties fuel trade tension with China

BEIJING (Reuters) – A U.S. decision to impose special duties on Chinese tires could open the door to a host of trade complaints against Chinese products, creating tensions as Western nations seek Beijing’s support at a G20 meeting. China responded swiftly to U.S. President Barack Obama’s announcement Friday of safeguard duties on tire imports from China, saying on Monday it would request World Trade Organization consultations with the U.S. over the duties. It also announced its own anti-dumping investigations of chicken products from the United States, a trade worth $800 million a year, as well as U.S. automotive exports.…


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Business

Obama move on China tires could spur more requests

WASHINGTON (Reuters) – President Barack Obama’s decision to restrict tire imports from China after union workers complained of a surge could lead to copycat cases in areas such as steel, clothing, paper, machinery and consumer goods, trade experts said on Monday “It’s a target-rich environment,” said Lewis Leibowitz, a lawyer who represents the Consuming Industries Trade Action Coalition, which opposed relief in the tires case. “There’s almost anything you can hit. And even within import categories that have gone down, there may be smaller product categories that have gone up,” Leibowitz said. However, the question of which industries could…


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Crisis fails to topple US as world’s top power: Study

LONDON: The United States was dealt a blow by the financial crisis but remains the world’s main power and can maintain its influence if it works with allies to achieve its goals, a study said on Tuesday. A report from the International Institute for Strategic Studies (IISS) think tank in London said that despite taking an economic hit, the downturn has highlighted how other states look to Washington for their lead. “The vivid message of the financial crisis… was that America continued to be of vital importance to other countries, including its putative rivals as pre-eminent powers,” the IISS…


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