Wednesday, November 30, 2011

Atari Looks To Reinvent Itself As A Mobile Games Company; Hires Former iWON/Marvel Exec As EVP

Screen shot 2011-11-29 at 2.04.17 AMFounded in 1972 by Nolan Bushnell and Ted Dabney, Atari played a central role in the early history of video games, going on to create what are still some of the most recognizable arcade games on the planet, like Pac-Man and Pong, to name a few. Not to mention the fact that its joystick-controlled Atari 2600 console was pretty much synonymous with "video games" in the 1980s. Although Atari remains a recognizable brand around the globe, the company struggled through the video games crash of 1983, financial issues, and various assets have fallen under a number of different ownership and leadership regimes, including Warner Communications and Hasbro -- among many others.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/9B1jyn5U9p4/

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Tuesday, November 29, 2011

RBS subsidiary agrees to $52M settlement in Mass. (AP)

BOSTON ? The Massachusetts attorney general's office has announced that a subsidiary of the Royal Bank of Scotland has agreed to pay $52 million to settle allegations that it played a role in the state's subprime mortgage crisis.

The office announced Monday that more than $40 million of the settlement will be used to benefit more than 700 Massachusetts borrowers.

RBS Financial Products agreed to the payment after the state determined the company "financed, purchased and securitized residential loans that were presumptively unfair."

The agreement with RBS is the state's third settlement with investment firms over how they sold and packaged home loans. Goldman Sachs agreed to pay $60 million in May 2009 and Morgan Stanley agreed to pay $102 million in June 2010.

RBS said it was pleased with the agreement.

Source: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http%3A//news.yahoo.com/s/ap/20111129/ap_on_bi_ge/us_mass_bank_settlement

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Democrats to the White Working Class -- Drop Dead (ContributorNetwork)

COMMENTARY | A recent piece in the New York Times suggests the Democratic Party is preparing to toss working class whites, who have been part of the winning coalition for the Democrats since Franklin Roosevelt, under the bus.

The new coalition for the Democratic Party will consist of educated elites that will include "professors, artists, designers, editors, human resources managers, lawyers, librarians, social workers, teachers and therapists" and poorer voters, primarily blacks and Hispanics. Working class whites have long be alienated from the Democrats since the phenomenon of the "Reagan Democrats," who switched to the Republican Party in the 1980s. Democrats lost this demographic group by 30 percent and more in the 2010 midterms.

The educated elites will be bought off with the support of rights to self expression, abortion, gay marriage and a leftward tilt on the environment and defense policy. The less affluent minorities will be bought off by new social spending and government assistance.

While the Democrats hope to hold their losses among working American whites down, one wonders how that could be accomplished if the sense grows that working people have been abandoned. Someone has to pay for all of that social spending that will benefit the poor, after all. Working whites also remain skeptical of government sanctioned hedonism, environmental regulations that stifle jobs, and cuts in defense spending that invite aggression from America's enemies.

Rush Limbaugh, the radio talk show host never slow to pick up on a political trend, suggested the Democrats are saying, on his Monday, broadcast, "If you work, we don't want you."

In a way, the new Democratic election strategy is a reaction to the tea party movement, which has risen from discontented working and middle class people who feel that their government has become too big and too intrusive. Instead of listening to the complaints of the tea party and adjusting their agenda to attract tea party voters, the Democrats have done the equivalent of extending them the middle finger. Instead they have embraced the Occupy Wall Street crowd, which is crying out for government handouts and entitlements.

This is a dangerous strategy. The tea party, consisting as it does of people who work and make the country run, are more numerous and more organized than the constituencies the Democrats are embracing. Thus the Democratic Party might have considered itself to permanent minority status.

Source: http://us.rd.yahoo.com/dailynews/rss/democrats/*http%3A//news.yahoo.com/s/ac/20111128/us_ac/10545377_democrats_to_the_white_working_class__drop_dead

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Monday, November 28, 2011

Dec. 1: Eat a Red Apple Day, Basketball Anniversary, World AIDS Day, Marie Tussaud 250th Birth Anniversary (ContributorNetwork)

Eat a Red Apple Day

"The taste for apples is one of the earliest and most natural of inclinations," according to Botanical.com. You've had them sliced, coated in cinnamon and nutmeg and baked in a flaky crust for Thanksgiving. Maybe you ate a caramel-covered one on Thanksgiving. On Dec. 1 enjoy the natural goodness of a plain, red apple. Eating red apples boosts your vitamin C, reduces belly fat and cholesterol and protects against cardiovascular disease. Munch on a fresh Macintosh, Macoun or Red Delicious.

Basketball Anniversary

Combine an understandable need for indoor physical education with a couple of peach baskets and soccer balls and you have a new sport: basketball. James Naismith is credited with creating basketball on Dec. 1, 1891, when he set up a new indoor game at the International YMCA Training School at Springfield, Mass. for students. The Naismith Memorial Basketball Hall of Fame honors the sports, its history and its inventor.

* Grab some friends, head outdoors (weather permitting) or find an indoor gym where you can shoot some hoops.

* Support local high school basketball teams by attending their games.

* Start counting down the days until the delayed start of the 2011-12 NBA season.

World AIDS Day

The World Health Organization first declared Dec. 1 as World AIDS Day in 1988. The annual observance is "an international day of awareness and education about AIDS," according to World AIDS Day. How to get involved:

* Participate in a Bake Aware -- download the Bake Aware fundraising pack.

* Host a local event to observe the HIV/AIDS Awareness Days.

* Take individual action by getting tested for HIV or practice safer methods to prevent HIV advises the U.S. Department of Health and Human Services.

* Attend an Observe Day With(Out) Art, increasing public awareness through visual arts, because "AIDS is forever" according to Visual AIDS.

Marie Tussaud 250th Birth Anniversary

If you've always been equally fascinated and disturbed by wax figures, there's good reason. Wax artist Marie Grosholtz Tussaud, born Dec. 1, 1761, made a living during the French Revolution by giving the people what they wanted. She created death masks using corpses of those executed. She took her waxworks on a traveling show and eventually settled in London where she displayed her waxworks.

Source: http://us.rd.yahoo.com/dailynews/rss/aids/*http%3A//news.yahoo.com/s/ac/20111127/us_ac/10530399_dec_1_eat_a_red_apple_day_basketball_anniversary_world_aids_day_marie_tussaud_250th_birth_anniversary

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Sunday, November 27, 2011

Pakistan stops NATO supplies after deadly raid (Reuters)

YAKKAGHUND, Pakistan (Reuters) ? NATO helicopters and fighter jets attacked two military outposts in northwest Pakistan on Saturday, killing as many as 28 troops and plunging U.S.-Pakistan relations deeper into crisis.

Pakistan retaliated by shutting down NATO supply routes into Afghanistan, used for sending in nearly half of the alliance's land shipments. It also said it would ask U.S. forces to quit an air base used for CIA drone strikes on militants.

The attack is the worst incident of its kind since Pakistan uneasily allied itself with Washington following the September 11, 2001 attacks on the United States.

The NATO-led force in Afghanistan confirmed that NATO aircraft had probably killed Pakistani soldiers in an area close to the Afghan-Pakistani border.

"Close air support was called in, in the development of the tactical situation, and it is what highly likely caused the Pakistan casualties," said General Carsten Jacobson, spokesman for the International Security Assistance Force (ISAF).

He added he could not confirm the number of casualties, but ISAF was investigating. "We are aware that Pakistani soldiers perished. We don't know the size, the magnitude," he said.

Pakistan's Prime Minister Yusuf Raza Gilani said the killings were "an attack on Pakistan's sovereignty," adding: "We will not let any harm come to Pakistan's sovereignty and solidarity."

The Foreign Office said it would take up the matter "in the strongest terms" with NATO and the United States, while the Chief of Army Staff, General Ashfaq Pervez Kayani, said steps would be taken to respond "to this irresponsible act."

"A strong protest has been launched with NATO/ISAF in which it has been demanded that strong and urgent action be taken against those responsible for this aggression."

Two military officials said up to 28 troops had been killed and 11 wounded in the attack on the outposts, about 2.5 km (1.5 miles) from the Afghan border. The Pakistani military said 24 troops were killed and 13 wounded.

EARLY MORNING ATTACK

The attack took place around 2 a.m. (2100 GMT) in the Baizai area of Mohmand, where Pakistani troops are fighting Taliban militants. Across the border is Afghanistan's Kunar province, which has seen years of heavy fighting.

"Pakistani troops effectively responded immediately in self-defense to NATO/ISAF's aggression with all available weapons," the Pakistani military statement said.

The commander of NATO-led forces in Afghanistan, General John R. Allen, offered his condolences to the families of Pakistani soldiers who "may have been killed or injured."

In Washington, a Pentagon spokesman said Defense Secretary Leon Panetta was aware of reports of the incident and was monitoring the situation.

"(The defense secretary) shares General Allen's regret for any loss of life and supports the general's work to immediately investigate," said spokesman Captain John Kirby.

There was no immediate comment on the report of U.S. forces being asked to vacate a Pakistani base or on the closure of the Pakistani border crossing to trucks carrying supplies for ISAF forces.

Around 40 troops were stationed at the outposts, military sources said. Two officers were reported among the dead. "They without any reasons attacked on our post and killed soldiers asleep," said a senior Pakistani officer, requesting anonymity.

The border is often poorly marked, and Afghan and Pakistani maps have differences of several kilometers in some places, military officials have said.

However Pakistani military spokesman Major-General Athar Abbas said NATO had been given maps of the area, with Pakistani military posts identified.

"When the other side is saying there is a doubt about this, there is no doubt about it. These posts have been marked and handed over to the other side for marking on their maps and are clearly inside Pakistani territory."

The incident occurred a day after Allen met Kayani to discuss border control and enhanced cooperation.

A senior military source told Reuters that after the meeting that set out "to build confidence and trust, these kind of attacks should not have taken place."

BLOCKED SUPPLIES

Pakistan is a vital land route for nearly half of NATO supplies shipped overland to its troops in Afghanistan, a NATO spokesman said. Land shipments account for about two thirds of the alliance's cargo shipments into Afghanistan.

Hours after the raid, NATO supply trucks and fuel tankers bound for Afghanistan were stopped at Jamrud town in the Khyber tribal region near the city of Peshawar, officials said.

The border crossing at Chaman in southwestern Baluchistan province was also closed, Frontier Corps officials said.

A meeting of the cabinet's defense committee convened by Gilani "decided to close with immediate effect NATO/ISAF logistics supply lines," according to a statement issued by Gilani's office.

The committee decided to ask the United States to vacate, within 15 days, the Shamsi Air Base, a remote installation in Baluchistan used by U.S. forces for drone strikes which has long been at the center of a dispute between Islamabad and Washington.

The meeting also decided the government would "revisit and undertake a complete review of all programs, activities and cooperative arrangements with US/NATO/ISAF, including diplomatic, political, military and intelligence."

A similar incident on Sept 30, 2010, which killed two Pakistani service personnel, led to the closure of one of NATO's supply routes through Pakistan for 10 days. NATO apologized for that incident, which it said happened when NATO gunships mistook warning shots by Pakistani forces for a militant attack.

Relations between the United States and Pakistan were strained by the killing of al Qaeda leader Osama bin Laden by U.S. special forces in Pakistan in May, which Pakistan called a flagrant violation of sovereignty.

Pakistan's jailing of a CIA contractor and U.S. accusations that Pakistan backed a militant attack on the U.S. embassy in Kabul have added to the tensions.

"This will have a catastrophic effect on Pakistan-U.S. relations. The public in Pakistan are going to go berserk on this," said Charles Heyman, senior defense analyst at British military website Armedforces.co.uk.

Other analysts, including Rustam Shah Mohmand, a former ambassador to Afghanistan, predicted Pakistan would protest and close the supply lines for some time, but that ultimately "things will get back to normal." (Additional reporting by Bushra Takseen, Saud Mehsud, Jibran Ahmad and Saeed Achakzai in Pakistan, Tim Castle in London, and Hamid Shalizi and Christine Kearney in Afghanistan; Writing by Augustine Anthony, Chris Allbritton and Emma Graham-Harrison; Editing by Andrew Roche and Rosalind Russell)

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/nm/20111126/wl_nm/us_pakistan_nato

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