Wednesday, May 23, 2018

On Monday, San Jose, California, US-based software company Adobe Systems announced their plans to acquire California-based e-commerce handling web service Magento Commerce for 1.68 billion US dollars (USD). After Adobe made the announcement via their official website, Adobe’s stocks rose by around one percent, ending Monday extended trading at USD 238.10 per share.

Magento provides services for the creation of digital ads and handling of online transactions. Magento’s services are used by Nestlé, Coca-Cola, Warner Music, and Canon. The acquisition, which is expected to take place in the third fiscal quarter of this year, is to be an all-cash deal. Adobe is to acquire Magento from Permira equity firm. In 2015, Permira bought Magento from eBay, an eCommerce website. Adobe, in their official statement, said, “Magento Commerce Cloud will enable commerce to be seamlessly integrated into the Adobe Experience Cloud”.

Adobe also announced a buyback of shares worth USD eight billion by 2021. Magento’s CEO Mark Lavelle said, “Adobe and Magento share a vision for the future of digital experiences that brings together Adobe’s strength in content and data with Magento’s open commerce innovation […] We’re excited to join Adobe and believe this will be a great opportunity for our customers, partners and developer community”.

After the announcement, stocks of Magento’s competitors Shopify, Inc dropped by about 4.8%. They finished extended trading at USD 137.60 after the announcement.

Wednesday, April 16, 2008

Pope Benedict XVI began his visit to the United States on Tuesday. In an unprecedented gesture, he was greeted by President George W. Bush, Laura Bush and their daughter Jenna, upon his arrival at Andrews Air Force Base in Maryland.

Today, which is also the Pope’s 81st birthday, Benedict XVI visited the White House and more than 9,000 people with tickets were there to see him speak. This makes it “one of the largest arrival ceremonies ever held at the White House,” according to White House Press Secretary Dana Perino. An estimated additional 4,000 people without tickets lined the streets.

The Pope was given a 21-gun salute and greeted by President Bush on the South Lawn of the White House. Benedict XVI addressed the crowd in a short speech. He appealed for support “for the patient efforts of international diplomacy to resolve conflicts and promote progress.”

He further said, “As the nation faces the increasingly complex political and ethical issues of our time, I am confident that the American people will find in their religious beliefs a precious source of insight and an inspiration to pursue reasoned, responsible and respectful dialogue in the effort to build a more humane and free society.” Benedict said he has “great respect for this vast pluralistic society” and ended his speech with “God bless America.”

Kevin Waymel, 26, travelled from San Francisco with 80 others to see the Pope. He told The Guardian that he had “come to show support for the Holy Father,” and credited his faith for getting him off drugs.

Afterwards, inside the White House, the first couple presented the Pope with a birthday cake. In a private meeting with Bush, Benedict XVI brought up his concerns about the Iraq war and the treatment of illegal immigrants in the United States, who may number as many as 20 million. Most of these are from Latin America and therefore overwhelmingly Catholic.

After the meeting, Benedict XVI rode along Pennsylvania Avenue in the popemobile with throngs of people lining the street.

Wednesday evening, the Pope met with US bishops at the Basilica of the National Shrine of the Immaculate Conception. He addressed the bishops about sexual abuse by the clergy, which the Pope has said made him “deeply ashamed.” The US Catholic Church has paid out an estimated US$2 billion to settle abuse cases in recent years.

Bendict XVI told the gathered bishops that the sex abuse scandal had at times been mishandled and urged them to reach out to the victims.

“It is your God-given responsibility as pastors to bind up the wounds caused by every breach of trust to foster healing, to promote reconciliation and to reach out with loving concern to those so seriously wronged,” the Pope said.

Some victims had hoped the Pope would have critcised bishops for transferring pedophile priests from parish to parish. He did not go that far and instead praised training programs for priests and lay people who deal with children. “In this regard your efforts to heal and protect are bearing great fruit not only for those directly under your pastoral care, but for all of society,” said Benedict XVI.

“It’s the closest the Pope has come to saying that the bishops didn’t do their job right. I think that’s quite significant,” said the Reverend Thomas J. Reese, a Jesuit priest and author.

Prior to his arrival, hundreds of people were already gathered outside the Basilica as Benedict XVI arrived. “I’m really excited,” said an unnamed onlooker to NY1. “It’s like a dream, almost. There are, like, other foreign dignitaries, and then there’s the pope. It’s a unique experience and I can’t wait to see him.”

During his flight to the United States, Benedict XVI told reporters that he intended to discuss poverty and development aid to poor countries with President Bush. “The United States has to help these countries develop. It is in the interest of everyone, not only these countries but of the world and particularly of the United States,” he said.

This is the first Papal visit to the United States by Benedict XVI, and the first visit of a Pope to the U.S. since John Paul II’s visit in 1999. The pope scheduled to stay in Washington through Thursday. After that, he will travel to New York City where he plans to address the United Nations, visit the World Trade Center site, and celebrate Mass at Yankee Stadium.

Tuesday, March 23, 2010

File:ACORN logo.png

The US community organizing group Association of Community Organizations for Reform Now (ACORN) will end its operations due to dwindling funds. The group said in a statement that it would close most of its field offices by April 1.

The heads of the organization said in a joint statement that “ACORN’s members have a great deal to be proud of—from promoting homeownership to helping rebuild New Orleans, from raising wages to winning safer streets, from training community leaders to promoting voter participation—ACORN members have worked hard to create stronger communities, a more inclusive democracy, and a more just nation.”

The group, founded in 1970, played a prominent role in the 2008 US presidential elections, as it conducted many voter registration drives and fundraising for then-Senator Barack Obama, among other Democratic candidates. The organization first became scrutinized during the 2006 mid-term elections, when some of its employees were accused of voter fraud. Matters got worse in 2009 after an undercover video revealed two of its employees giving advice on how to set up a prostitution ring and commit tax fraud.

Friday, February 6, 2009

United States swimmer Michael Phelps has been banned from competition and his training stipend revoked for three months by USA Swimming after Phelps was photographed smoking from a glass pipe, often used for smoking cannabis. The picture was published last Sunday by British tabloid News of the World.

USA Swimming, which is the governing body of swimming in the United States, however said that no “anti-doping” rules had been violated.

“This is not a situation where any anti-doping rule was violated, but we decided to send a strong message to Michael because he disappointed so many people, particularly the hundreds of thousands of USA Swimming member kids who look up to him as a role model and a hero,” it stated. “Michael has voluntarily accepted this reprimand and has committed to earn back our trust.”

The suspension will end in time for Phelps to train for the US Championships, which are to be held on the 7th of July.

Phelps has also lost sponsor Kellogg, who said that it would not renew its deal with the swimmer next month.

Phelps won a record eight gold medals at the 2008 Olympic Games in Beijing last year, and has since become one of the world’s most famous athletes.

[edit]

Saturday, September 29, 2007File:Misza 1980.jpg

For the first time after the fall of the iron curtain Russia will host the Olympic Games – in 2014 the Winter Olympics will take place in Sochi, a Black Sea resort town. The games are considered a matter of national prestige and generate more media attention than the recent changes in Russian government (Russia’s Putin recently installed the new prime-minister, who, incidentally, also became the chair of the Russian Olympic committee.)

As Russia takes enormous efforts to prepare for the Olympics and build a modern sport infrastructure from scratch, the Russian public is more concerned with the mascot for the upcoming games. When Moscow hosted the Summer Olympics in the 1980, the mascot for the Moscow Games was Misha the Bear, developed by children’s book illustrator Victor Chizhikov. Misha instantly became a graphic-design hit, especially in the Soviet bloc. Olympic posters were snatched up and t-shirts were fought over. And as Sochi is set to become the new Olympic city, Russians are keen to see the old bear return.

There is a long way to the Sochi Olympics, but the Bear is already coming back from retirement. Russia! magazine, an English-language publication distributed in the US and the UK, has commissioned the most prominent designers and artists to do their own renditions of the famed mascot. “The Olympic Bear turns any Russian between the ages of 25 and 50 to quivering jelly. Our artistic compatriots were happy to whip the old bear into shape for 21st century use” – says Ilya Merenzon, the magazine’s publisher. “And the readers’ response was overwhelming. As soon as the new issue arrived at the stores, we constantly get emails requesting the Bear t-shirts. The animal is regaining his popularity”. – adds Merenzon.

It has not been decided, however, on the Sochi Games mascot. Another option is Cheburashka, a famous Russian cartoon character with big ears and humble smile. Cheburashka was the mascot for the Russian Olympic team in Turin and is one of the best-selling children’s toys in former USSR countries and, surprisingly, Japan, where it is known as “Chebu”.

Wednesday, February 9, 2005Copenhagen – The Danish people have voted to keep the current centre-right political coalition of the Venstre (The Liberal Party), Det Konservative Folkeparti (Conservative People’s Party) and the Dansk Folkeparti (Danish People’s Party).

Prime Minister Anders Fogh Rasmussen’s Liberal Party retained the largest number of seats in parliament. The governing coalition between the Liberals and Conservative People’s Party remained intact. They will likely be supported largely by the Danish People’s Party, which gained 2 seats. The Radikale Venstre (Radical Left) party gained the most seats of any party, although it remains outside the governing group of parties. The election marked the second time in a row that the Social Democrats were not the largest party in the parliament, a change from most of the 20th century. The party lost 5 seats and leader Mogens Lykketoft resigned immediately after the election.

Venstre, the liberal party of the prime minister, campaigned on their municipal restructuring plan, as well as a continuation of the “tax-freeze” and tight immigration requirements. They also promised to see 60,000 jobs created during a second term.

The largest opposition party, the Socialdemokraterne (Social Democrats) led by Mogens Lykketoft focused on employment, which they claim has decreased under the current government.

The Dansk Folkeparti, who support the Venstre-Conservative coalition, criticized the “tax-freeze” but agreed, conditionally, to support it for another parliamentary term. They also wanted increasingly tough immigration restrictions.

Thursday, April 4, 2013

In recent days, North Korea has been issuing threats of war to neighbouring South Korea and the United States. There has been an increase in tensions as well as the decision to close off the Kaesong Industrial Park to South Korean workers.

Wikinews interviewed Dr. Robert Kelly of Pusan National University (PNU) in South Korea, who specialises in security and diplomacy, about the recent threats; and Scott Snyder, a North Korean specialist from the Council on Foreign Relations (CFR) in the United States.

((Wikinews)) What is your job role?

Dr. Robert Kelly: I am a Professor of International Relations at PNU.

Scott Snyder: I am a senior fellow for Korea Studies and director of the program for U.S.–Korea policy at CFR.

((WN)) North Korea has issued many threats to South Korea, how likely do you think it is that they will carry out these threats?

RK: Very unlikely. North Korea would lose a war if one began, and if they use nuclear weapons, they will lose all sympathy in global opinion and China will abandon them. The point of these threats is to shake-down SK [South Korea] and its new president for aid, not to start a war.

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SS: North Korea’s threats have a variety of purposes. Some are defensive and are primarily meant to deter other countries from taking aggressive stances in the face of North Korea’s own weakness; some are designed tactically to set up for negotiations; some are expressions of intent or aspiration that are beyond the capability of North Korea to implement without facing severe consequences, and some are very specific threats that North Korea will attempt to implement as part of a guerrilla strategy so as to avoid escalation and take advantage of the element of surprise. NK [North Korean] threats should be taken seriously, but evaluated carefully to determine circumstances under which they might actually be carried out.

((WN)) How do people in South Korea feel about North Korea’s nuclear weapon’s programme?

RK: They do not like it of course, but they worry far less about it than outsiders would expect. South Koreans have been living under this shadow for many years. The North has made many threats in the past. So NK is like the boy who cried wolf. No one expects them to launch a weapon.

SS: Increasingly unsettled and concerned, especially about the possibility of being subject to nuclear blackmail. At the same time, this circumstance thus far has had negligible impact on South Koreans’ daily lives.

((WN)) Are South Korean citizens carrying on their day to day lives as normal?

RK: Yes, they are. This is not like the Cuban Missile Crisis when people were emptying the store shelves and building bunkers in their basements. My students are coming and going like normal. Indeed, South Koreans’ composure is very impressive.

SS: Yes.

((WN)) Is North Korea becoming further isolated in the world?

RK: Yes, it is. Threatening nuclear war is a genuine escalation that would alienate any state. Importantly though, NK is already fairly isolated. And because China, its main aid supplier, does not cut it off, further isolation has few practical impacts.

SS: North Korea is increasingly politically isolated but it is comparatively more economically and informationally connected than it was a decade ago.

((WN)) Is the South Korean military well-prepared to deal with any conflicts with the North Korean military?

RK: Yes. The ROKA [Republic of Korea Army, of South Korea] is a modern, well-trained, well-groomed force with substantial technical and organization superiority over the KPA [Korean People’s Army, of North Korea]. To date, the South Koreans have not responded to Northern provocation in order to avoid escalation, not because they are incapable. SK conventional superiority is augmented further by US assistance.

SS: South Korea will decisively win most direct conventional engagements with the North, but is vulnerable in selected theaters where North Korea perceives a lack of readiness or a tactical advantage.

((WN)) Is the closure of Kaesong by North Korea, evidence of further escalating tensions between the two nations?

RK: Yes and no. It is important, because it is a source of hard currency for the North, so its closure suggests that the North is willing to carry genuine costs over this feud. On the other hand, the SK media identified the closure of Kaesong early as a marker of NK seriousness, saying very openly that if NK did not close the facility, they did not really mean what they were saying. In other words, NK was, I think, goaded into closing Kaesong in the war of words, not as a part of any larger strategic plan.

SS: Thus far, it is a symbolic evidence of potential for escalating tensions, but has not yet resulted in material changes. Let’s see how the situation plays out over the next couple of days. Kaesong will only become vulnerable when operations halt and when financial transfers connected to failure of operations become operative.

((WN)) North Korea has moved one of its missiles that carries a large range missile to its East Coast, is this a serious move?

RK: I don’t think it’s as serious a move as the media has made it out to be. First of all they just moved one [missile]. Second of all, it’s not clear that North Korea actually has nuclear warheads that are small enough to actually put on top of missiles; they tell us this but nuclear weapons are actually pretty heavy, which is why nuclear missiles are frequently quite large, so moving the weapon there doesn’t necessarily mean it’s pointed at the United States or Tokyo which I suppose would be the likely targets. It’s not clear that it’s necessarily a nuclear missile and it’s not being fueled or anything so far as I know so again it’s sort of more of the same… bluffing…sort of talking around the issue and sort of saying things that don’t actually have genuine consequences so my sense is it’s more of a war of words.

((WN)) There’s a lot of talk about Kim Jong-un being an inexperienced leader — do you think he knows where the ‘brink’ lies?

RK: That’s actually a really good question. No, I don’t, which is why we’re having this whole conversation. Kim’s father, Kim the second [Kim Jong-il], was actually very good about this, “good” in quotations I suppose. He knew really well how to play this game, he knew really well how to play the South, particularly for aid, rice, assistance, fuel, things like that. The new guy — he’s only been in there for a year-and-a-half, right, 14, 15 months — he didn’t go through the grooming institutions of the regime, he didn’t go through the military or the party. And he certainly has no military training, it’s not like he went to some military institute — he went to some boarding school in Switzerland, or something like that. So it’s not at all clear that this guy knows, sort of how this is done. I have a feeling myself that he’s being egged on by the generals at home, and the generals are really doing this because they do not want the military’s position to be lowered in the new order. Under the previous Kim, under the second Kim [Kim-Jong-il], the military was raised in the constitution to a very high level of importance, they were sort of the primary pillar of the government, this is called the ‘Military First’ policy. I think people now worry that the new Kim — in order to re-start the economy might downgrade the role of the military, and I think that is where all this is coming from. I don’t think they want a war.

((WN)) All of these threats, do you think they are just a way of getting more economic aid from the United Nations?

RK: I wouldn’t say the United Nations [UN] because the UN role in this is actually pretty minimal. It is true that there are some UN specialized agencies that operate in North Korea — the World Food Programme I believe is the big one because North Korea constantly has food problems — and there are western NGOs, and aid groups, charities and stuff like that, also operate in North Korea. I’ve actually been to North Korea and I’ve seen these charities operate. I’ve actually met some of the people who actually live there and do this stuff. But they’re actually pretty small, right? I mean, the North Koreans are pretty worried about Westerners running around in North Korea making trouble and saying things and this and that. Any kind of foreign penetration in North Korea is very, very limited. I think the real issue is actually North Korea’s neighbors, specifically Japan, China, the United States and South Korea. Russia’s really sort of a bit player in this drama. And that’s what they really want, the North Koreans now are very dependent on only the Chinese. They used to be able to play the Chinese off the South Koreans off the Japanese off the Americans and extract aid and concessions from each of those. In the last ten years or so it has become harder to do that — particularly Japan, the United States and South Korea have closed ranks and don’t really deal individually with North Korea anymore. This has pushed North Korea to China. North Korea doesn’t like being dependent on just one player. And so I think that’s what this is an effort to shake up, […] a very difficult game for the North were they an economic colony of China.