Sunday, March 31, 2013

End of the line for Roadrunner supercomputer

It's the end of the line for Roadrunner, a first-of-its-kind collection of processors that once reigned as the world's fastest supercomputer.

The $121 million supercomputer, housed at one of the nation's premiere nuclear weapons research laboratories in northern New Mexico, will be decommissioned Sunday.

The reason? The world of supercomputing is evolving and Roadrunner has been replaced with something smaller, faster, more energy efficient and cheaper. Still, officials at Los Alamos National Laboratory say it's among the 25 fastest supercomputers in the world.

"Roadrunner got everyone thinking in new ways about how to build and use a supercomputer," said Gary Grider, who works in the lab's high performance computing division. "Specialized processors are being included in new ways on new systems and being used in novel ways. Our demonstration with Roadrunner caused everyone to pay attention."

In 2008, Roadrunner was first to break the elusive petaflop barrier by processing just over a quadrillion mathematical calculations per second.

Los Alamos teamed up with IBM to build Roadrunner from commercially available parts. They ended up with 278 refrigerator-size racks filled with two different types of processors, all linked together by 55 miles of fiber optic cable. It took nearly two dozen tractor trailer trucks to deliver the supercomputer from New York to northern New Mexico.

The supercomputer has been used over the last five years to model viruses and unseen parts of the universe, to better understand lasers and for nuclear weapons work. That includes simulations aimed at ensuring the safety and reliability of the nation's aging arsenal.

As part of the U.S. nuclear stockpile stewardship program, researchers used Roadrunner's high-speed calculation capabilities to unravel some of the mysteries of energy flow in weapons.

Los Alamos has been helping pioneer novel computer systems for decades. In 1976, the lab helped with the development of the Cray-1. In 1993, the lab held the fastest supercomputer title with the Thinking Machine CM-5.

"And to think of where we're going to be in the next 10 to 15 years, it's just mindboggling," said lab spokesman Kevin Roark.

Right now, Los Alamos ? along with scientists at Sandia National Laboratories in Albuquerque and Lawrence Livermore National Laboratory in California ? is using a supercomputer dubbed Cielo. Installed in 2010, it's slightly faster than Roadrunner, takes up less space and came in at just under $54 million.

Roark said in the next 10 to 20 years, it's expected that the world's supercomputers will be capable of breaking the exascale barrier, or one quintillion calculations per second.

There will be no ceremony when Roadrunner is switched off Sunday, but lab officials said researchers will spend the next month experimenting with its operating system and techniques for compressing memory before dismantling begins. They say the work could help guide the design of future supercomputers.

? 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Maine Zumba instructor pleads guilty in prostitution case

John Ewing / AP

Alexis Wright appears with her attorney, Sarah Churchill, on Friday in Cumberland County Court in Portland, Maine.

By Katy Tur and Matthew DeLuca, NBC News

The Zumba instructor who was accused of running a prostitution ring from her dance studio in the seaside town of Kennebunk, Maine, pleaded guilty to 20 counts on Friday.

The felony charges against Alexis Wright were reduced to misdemeanors, defense attorney Sarah Churchill confirmed to NBC News.

The case against Wright, 30, gained national attention as allegations emerged of an extensive, detailed client list and videotaped sexual encounters. Prosecutors said that Wright had maintained records showing she netted $150,000 over 18 months through prostitution.

A subdued Wright answered "guilty" as the judge read the 20 counts Friday, The Associated Press reported.

She is due to be sentenced May 31. Prosecutors are set to ask for a sentence of 10 months.


Wright had previously pleaded not guilty to 106 counts, including engaging in prostitution, and had been expected to stand trial some time later this year.

Mark Strong, a 57-year-old insurance agent, was convicted of 12 counts of promotion to commit prostitution and one count of conspiracy to commit prostitution on March 6. Prosecutors said Strong helped Wright run a prostitution ring from her Zumba studio in Kennebunk.

Strong was sentenced to 20 days in prison and ordered to pay a $3,000 fine on March 21.

Lawyers argued over the admissibility of 577 red-hot Skype shots in Strong?s trial, with Strong?s attorneys saying that there was no way that jurors would be able to decide fairly after seeing the ?extremely sexual? material.

?I think some of this stuff is going to horrify some of these people to the point where he won?t possibly get a fair trial,? defense attorney Daniel Lilley argued five days into Strong?s trial.

Strong struck an apologetic note during his sentencing.

?Mostly, I?d like to apologize to my wife and my sons and my entire family for causing so much harm,? Strong said at his sentencing, according to local paper the Portland Press Herald.

The guilty plea Wright entered Friday will allow her to avoid the embarrassing courtroom revelations Strong endured.

The case rattled the quiet town of Kennebunk, where Wright operated her Pura Vida studio. Kennebunk Police Chief Bob MacKenzie said Friday that he was ?content? with Wright?s plea.

?This will put it to rest,? MacKenzie told the Bangor Daily News. ?We?ll finally be able to move beyond this.?

Related:

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Unlike AT&T, Verizon reportedly putting promotional muscle behind BlackBerry Z10 launch

By Simon Evans MIAMI (Reuters) - World number one Serena Williams fought back from a set down to beat Maria Sharapova 4-6 6-3 6-0 and win the Sony Open for a record sixth time on Saturday as she continued her dominance over her closest rival. With the win, Williams, who struggled with her serve in the first two sets, becomes only the fourth woman in the Open era to win the same WTA tournament six times, joining Martina Navratilova, Chris Evert and Steffi Graf. "I finally have some record," Williams said. "Like it's really cool. I can't seem to catch up with Margaret Court or Steffi or ...

Source: http://news.yahoo.com/unlike-t-verizon-reportedly-putting-promotional-muscle-behind-142056565.html

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Michael Dell spoke with Blackstone during "go-shop": source

NEW YORK (Reuters) - Dell Inc founder and CEO Michael Dell met with private equity firms Blackstone Group LP and Francisco Partners during the computer maker's "go-shop" period, a person familiar with the matter said on Friday.

The meetings, which took place on March 7 and 8, will be disclosed in Dell's proxy statement on Friday and indicate Blackstone explored early on the possibility of keeping Michael Dell as CEO in a bid to take over the company, the person said on condition of anonymity because the information is not yet public.

Michael Dell also met this week with Blackstone senior managing directors Dave Johnson and Chinh Chu, although the outcome of these discussions has yet to become clear, the person added.

Blackstone and Dell did not immediately respond to requests for comment.

During a 45-day go-shop period that expired last week, Dell explored alternatives to Michael Dell's and Silver Lake's $24.4 billion offer for the world's number-three PC maker.

(Reporting by Gregory Roumeliotis; Editing by Chizu Nomiyama)

Source: http://news.yahoo.com/michael-dell-spoke-blackstone-during-shop-source-155247372--sector.html

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Drones over America: How unmanned fliers are already helping cops

It was getting dark, and the sheriff of Nelson County, N.D., was in a standoff with a family of suspected cattle rustlers. They were armed, and the last thing anybody wanted was a shoot out.

U.S. Customs and Border Protection, which monitors police radio chatter, offered to help. Their Predator was flying back to its roost at the Grand Forks Air Force base and could provide aerial support. Did the sheriff want the assist?

Yep.

"We were able to detect that one of the sons was sitting at the end of the driveway with a gun. We also knew that there were small children involved," Sheriff Kelly Janke told NBC News, remembering that tricky encounter in the early summer of 2011. "Someone would have gotten seriously injured if we had gone in on the farm that night." He decided to wait.

The next day, the drone gave them an edge again by helping them choose the safest moment to make a move. "We were able to surprise them ? took them into custody," Janke said. They also collected six stolen cows.

Rodney Brossart, the arrested farmer, sued the state, in part because of the cop's use of a drone. But a district judge ruled that the Predator's service was not untoward.

When advocates express concern about government drones threatening people's privacy, the Brossart case is one they bring up. It's one of the first instances of a flying robot doing a cop's dirty work, and this kind of intervention is likely to be more and more commonplace, as the FAA fulfills a congressional mandate to increase its granting of drone permits ? certificates of authorization, or COAs.

Cops and flying robots
At the moment, there are only 327 active COAs, all held by these organizations, and all for unarmed crafts, of course. A tiny sliver of these permits are in the hands of law enforcement agencies, and from them, we're seeing the first glimpses of drone use in policing and emergency response.

"The FAA has approved us to cover a 16-county area," Sheriff Bob Rost of Grand Forks County, N.D., said of their COA. "To look for missing children, to look for escaped criminals and in the case of emergencies." In the spring, they will use two mini-copter drones ? a trusty DraganFlyer X6 and an AeroVironment Qube ? to check on flooded farms.

The police department in Arlington, Texas, also recently got FAA clearance to fly their drones after two years of testing. The two battery-powered Leptron Avenger helicopter drones won't be used for high-speed chases or routine patrol, the department explains. In fact, the crafts will be driven in a truck to where they're needed, and when they're launched to scope out incidents, local air traffic control will be informed.

In Mesa County, Colo., the police department has used drones to find missing people, do an aerial landfill survey and help out firefighters at a burning church. For them, it's seen as a cost-cutting technology.

"It's the Wal-Mart version of what we'd normally get at Saks Fifth Avenue," said Benjamin Miller, who leads the drones program in Mesa County, comparing drones to manned helicopters that would otherwise give police officers help from the sky.

In Seattle, the police department received an FAA permit ? but had to give back its drones when the mayor banned their use, following protests in October 2012.

Protests and red tape
"Hasn't anyone heard of George Orwell's '1984'?" the Seattle Times quoted a protester as saying. "This is the militarization of our streets and now the air above us."

Protesters, not just in Seattle, seek more legal definition of what a drone can or can't do, and debate whether or not current laws sufficiently protect citizens from unauthorized surveillance and other abuses.

New York City mayor Michael Bloomberg thinks of police drones as an inevitability ? "We're going to have them," he recently said in a radio interview ? while those on the police (and drone) side say the fears are unfounded.

"This hysteria of [a drone] hovering outside your backyard taking a video of you smoking a joint, it's just that ? hysteria," said Al Frazier, an ex-cop from Los Angeles who is now an assistant professor of aeronautics at the University of North Dakota, and a deputy at the Grand Forks sheriff's office.

The reason the sky isn't lousy with drones already mostly has to do with red tape. The FAA's highly restricted drone application for government agencies is supposed to take about 60 days, though unofficially, we're told it's much longer. COAs are also very strict about where, when and by whom a drone is flown.

"I think there are many agencies who would like to use [drones] for public good, but they're stymied by the process," Frazier said.

That's likely to change ? and soon. Last February, Obama signed a mandate that encourages the FAA to let civil and commercial drones join the airspace by 2015. This will take new regulations from the FAA for safe commercial drone flight, and it may take some convincing of local anti-drone activists (who sometimes don't differentiate between drones great and small). It may even require the passing of a few new privacy laws.

Folks like Frazier and Miller don't see the permit process getting easier any time soon but eventually ? inevitably ? and for better or worse, your local police department will get its drone.

Nidhi Subbaraman writes about technology and science. Follow her on Twitter and Google+.

Related:

The drones are coming ... but our laws aren't ready

Anticipating domestic boom, colleges rev up drone piloting programs

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Nuffield Placement Scheme | Mentoring and business coaching - EU ...

What is the Nuffield Research Placement Scheme?

The Nuffield Research Placement Scheme is available?for Schools and Colleges in Northern Ireland, providing STEM (science / technology / engineering and mathematics) placements to Year 13/FE (AS level) students during the summer. The placements are funded by the Nuffield Foundation. Students meeting set criteria by the Nuffield Foundation can be paid ?80 per week for their placement. Students unsuccessful in obtaining a fully funded place but awarded a placement can have their travel costs covered upon application and retention of travel receipts.

nuffield-foundation

What is the participating organisations support likely to entail;

  • As placements are funded by the Nuffield Foundation there is no monetary cost to the participating organisation.
  • Placements last minimum 4 weeks, maximum 6 weeks during which students are expected to be assigned to a specific project defined by the participating organisation and supervised by a member of staff. In the past, students have worked on both large scale projects contributing to a part of their supervisors projects, as well as working on smaller projects that researchers/engineers within the organisation have put on the backburner due to lack of time.
  • Upon completing their placements students are required to have produced a technical report on the research/activities they have been involved in and present their report at a celebration evening.
  • For Project Providers the placements provide an extra pair of hands, permit staff development, promote the company and inspire young people towards a STEM career.

?

The Project Provider registration form is available to download at the bottom of this page. This can be completed and returned to laurence.donaghy@sentinus.co.uk.?

Alternatively for further information please visit http://www.nuffieldfoundation.org/nuffield-research-placements

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Nuffield Project Provider Registration Form

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Project Providers Leaflet_2013

Posted on March 29, 2013

Source: http://www.noribic.com/2013/03/29/nuffield-placement-scheme/

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Saturday, March 30, 2013

Ex-Sen. Craig loses bid to dismiss FEC lawsuit

WASHINGTON (AP) ? A federal judge is refusing to dismiss a Federal Election Commission lawsuit accusing former Sen. Larry Craig of misusing $217,000 in campaign funds for his legal defense after his arrest in a 2007 airport bathroom sex sting.

Craig contends that the airport bathroom trip fell under his official duties as senator because he was traveling between Idaho and Washington for work.

But U.S. District Court Judge Amy Berman Jackson said in a ruling Thursday that neither the charge nor the underlying conduct had anything to do with Craig's official duties.

The Idaho Republican was arrested by an undercover police officer conducting a sting operation at the Minneapolis-St. Paul International Airport. After his arrest and guilty plea to disorderly conduct later became public, Craig tried unsuccessfully to reverse his conviction.

Source: http://news.yahoo.com/ex-sen-craig-loses-bid-dismiss-fec-lawsuit-211033753--politics.html

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New York City appeals ?soda ban? ruling

The sale of 20-ounce sodas would've been limited under the Bloomberg-backed ban (Justin Sullivan/Getty Images)

NEW YORK?City officials are asking an appeals court judge to reinstate a ban on the sale of large sugary drinks, arguing it is crucial to stopping a ?serious health crisis? linked to obesity.

The ban, championed by New York City Mayor Michael Bloomberg, was struck down March 11?less than 24 hours before it was set to take effect?by state Supreme Court Justice Milton Tingling, who argued that the new regulation was undermined by loopholes. Tingling noted, among other things, an exemption that would have allowed state-regulated stores like 7-11 to continue selling large sodas.

Tingling also argued that Bloomberg and the city?s Board of Health had overstepped their authority by not first putting the ban to a vote in the New York City Council.

But Michael Cardozo, an attorney for the Bloomberg administration, rejected those points in the appeal the city filed Monday. Echoing arguments that have been made by Bloomberg in recent weeks, Cardozo said the Health department has a long track record of implementing ?substantive rules and standards? aimed at protecting the health of city residents. Among other things, he cited a city requirement that fast food restaurants post the calorie counts of their menu items as well as municipal restrictions on the use of lead paint.

Under the law, the so-called "soda ban" would have limited the sale of sugary drinks to just 16 ounces per serving at establishments regulated by the city, including bars, restaurants, bodegas and movie theaters. But there were several exceptions to the rule, including sweetened drinks that were more than 50 percent milk. Ahead of the ban?s implementation, Starbucks said it would not comply amid confusion about how the law would be enforced.

Responding to Tingling?s criticism that the ban was riddled with loopholes, Cardozo argued in the appeal that the law is less about a sweeping ban and more about trying to encourage residents to make better choices about their diet?another point that has been emphasized by Bloomberg in recent weeks.

"The rule is designed to make consumption of large amounts of sugary drinks a conscious and informed choice by the consumer," the city?s appeal read. "Thus, although a consumer is free to consume more than 16 ounces by ordering a second drink, getting a refill, or going to another store, he or she will be making an informed choice."

Source: http://news.yahoo.com/blogs/ticket/york-city-appeals-soda-ban-ruling-164720030--politics.html

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Quarter of U.S. firms in China face data theft: business lobby

By Michael Martina

BEIJING (Reuters) - A quarter of firms that are members of a leading U.S. business lobby in China have been victims of data theft, a report by the group said on Friday, amid growing vitriol between Beijing and Washington over the threat of cyber attacks.

Twenty-six percent of members who responded to an annual survey said their proprietary data or trade secrets had been compromised or stolen from their China operations, the American Chamber of Commerce in China report said.

"This poses a substantial obstacle for business in China, especially when considered alongside the concerns over IPR (intellectual property rights) enforcement and de facto technology transfer requirements," the Chamber said.

A U.S. computer security company, Mandiant, said in February a secretive Chinese military unit was likely behind a series of hacking attacks that targeted the United States and stole data from more than 100 companies.

That set off a war of words between Washington and Beijing.

U.S. Representative Dutch Ruppersberger said last month American companies suffered estimated losses in 2012 of more than $300 billion due to trade secret theft, much of it the result of Chinese hacking.

China says the accusations lack proof and that it is also a victim of hacking attacks, more than half of which originate from the United States.

The Chamber's survey was conducted among 325 members across China late last year, before the release of Mandiant's report.

Only 10 percent of companies in the survey said they would use China-based cloud computing services, with most citing cyber security concerns as a reason. Blocked Internet searches in China had impeded business for 62 percent of respondents.

U.S. officials have pressed China to address Internet attacks and cyber spying against American companies. U.S. President Barack Obama raised hacking concerns in a phone call with Chinese President Xi Jinping earlier in March.

A recent assessment by U.S. intelligence leaders said for the first time cyber attacks and cyber espionage had supplanted terrorism as the nation's top threat.

INVESTMENT STAGNATION

Most firms expressed optimism about the business outlook in China, with many reporting higher margins for their China units.

But companies gave lower expectations for investment and cited rising labor costs as a top concern. Perceptions that China's investment environment is stagnating are increasing, according to the survey.

"Members ... have not felt over the last four or five years that there have been commercially significant positive changes in the business environment or the investment environment," Chamber president Christian Murck told reporters.

"When you have an economy which is making a transition to a market economy, but which is not yet there, there is a feeling that if you are not moving forward with an indicated path of future policy that you are effectively moving backward," he said at a briefing on the survey.

The Chamber's survey also cited a steep rise in concerns over IPR enforcement, with 72 percent of respondents saying enforcement was ineffective or totally ineffective, an increase of 13 percentage points over last year.

Perceptions that technology transfer was increasingly a requirement for access to China's market also jumped 10 points to 37 percent, the Chamber said, with higher rates of concern reported in the aerospace, automotive, chemical in information technology sectors.

(Editing by Paul Tait)

Source: http://news.yahoo.com/quarter-u-firms-china-face-data-theft-business-050119247--business.html

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Gene discovery may yield lettuce that will sprout in hot weather

Mar. 28, 2013 ? A team of researchers, led by a University of California, Davis, plant scientist, has identified a lettuce gene and related enzyme that put the brakes on germination during hot weather -- a discovery that could lead to lettuces that can sprout year-round, even at high temperatures.

The study also included researchers from Arcadia Biosciences and Acharya N.G. Ranga Agricultural University, India.

The finding is particularly important to the nearly $2 billion lettuce industries of California and Arizona, which together produce more than 90 percent of the nation's lettuce. The study results appear online in the journal The Plant Cell.

"Discovery of the genes will enable plant breeders to develop lettuce varieties that can better germinate and grow to maturity under high temperatures," said the study's lead author Kent Bradford, a professor of plant sciences and director of the UC Davis Seed Biotechnology Center.

"And because this mechanism that inhibits hot-weather germination in lettuce seeds appears to be quite common in many plant species, we suspect that other crops also could be modified to improve their germination," he said. "This could be increasingly important as global temperatures are predicted to rise."

Most lettuce varieties flower in spring or early summer and then drop their seeds -- a trait that is likely linked to their origin in the Mediterranean region, which, like California, characteristically has dry summers. Scientists have observed for years that a built-in dormancy mechanism seems to prevent lettuce seeds from germinating under conditions that would be too hot and dry to sustain growth. While this naturally occurring inhibition works well in the wild, it is an obstacle to commercial lettuce production.

In the California and Arizona lettuce industries, lettuce seeds are planted somewhere every day of the year -- even in September in the Imperial Valley of California and near Yuma, Ariz., where fall temperatures frequently reach 110 degrees.

In order to jump-start seed germination for a winter crop in these hot climates, lettuce growers have turned to cooling the soil with sprinkler irrigation or priming the seeds to germinate by pre-soaking them at cool temperatures and re-drying them before planting -- methods that are expensive and not always successful.

In the new study, researchers turned to lettuce genetics to better understand the temperature-related mechanisms governing seed germination. They identified a region of chromosome six in a wild ancestor of commercial lettuce varieties that enables seeds to germinate in warm temperatures. When that chromosome region was crossed into cultivated lettuce varieties, those varieties gained the ability to germinate in warm temperatures.

Further genetic mapping studies zeroed in on a specific gene that governs production of a plant hormone called abscisic acid -- known to inhibit seed germination. The newly identified gene "turns on" in most lettuce seeds when the seed is exposed to moisture at warm temperatures, increasing production of abscisic acid. In the wild ancestor that the researchers were studying, however, this gene does not turn on at high temperatures. As a result, abscisic acid is not produced and the seeds can still germinate.

The researchers then demonstrated that they could either "silence" or mutate the germination-inhibiting gene in cultivated lettuce varieties, thus enabling those varieties to germinate and grow even in high temperatures.

Other researchers on the study were: Post-doctoral researcher Heqiang Huo and staff researcher Peetambar Dahal, both of the UC Davis Department of Plant Sciences; Keshavulu Kunusoth of Acharya N.G. Ranga Agricultural University, India; and Claire McCallum of Arcadia Biosciences, which provided the lettuce lines with variants of the target gene to help confirm the study's findings.

Funding for the study was provided the U.S. Department of Agriculture -- National Institute of Food and Agriculture and the National Science Foundation.

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Story Source:

The above story is reprinted from materials provided by University of California - Davis.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. H. Huo, P. Dahal, K. Kunusoth, C. M. McCallum, K. J. Bradford. Expression of 9-cis-EPOXYCAROTENOID DIOXYGENASE4 Is Essential for Thermoinhibition of Lettuce Seed Germination but Not for Seed Development or Stress Tolerance. The Plant Cell, 2013; DOI: 10.1105/tpc.112.108902

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

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The Most Accurate Map of Gay Marriage Support in America

Seen a few profile pictures change in support of gay marriage recently? The all-seeing eye of Facebook has seen quite a few, and from that ocean of data, it's whipped up a comprehensive map of gay marriage support in the America. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/_6akJtbkjuE/the-most-accurate-map-of-gay-marriage-support-in-america

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CA-BUSINESS Summary

Banks lift TSX on Cyprus calm; index up for quarter

TORONTO (Reuters) - Canada's main stock index powered ahead in a late surge on Thursday, led by strength in financial and industrial shares, on relief that banks in Cyprus reopened relatively smoothly following a bailout deal. The market received further support from BlackBerry after the smartphone maker reported a surprise quarterly profit.

Lazaridis to keep BlackBerry stake, focus on new venture

TORONTO (Reuters) - BlackBerry co-founder Mike Lazaridis said on Thursday he has no plans to sell his stake in the smartphone maker even as he steps down from the board to focus on a new quantum computing investment fund. BlackBerry, formerly Research In Motion, announced the former co-CEO's departure from the board on Thursday as it reported its first quarterly earnings since launching its make-or-break new BlackBerry 10 smartphones.

Hockey helps Canada's economy grow again in January

OTTAWA (Reuters) - Canada's economy bounced back from a year-end slump in January thanks to factories, mines and the return of professional ice hockey, but growth still looks too weak to match the central bank's upbeat outlook and interest rates are unlikely to budge until 2014. Gross domestic product expanded by 0.2 percent in the month, Statistics Canada said on Thursday, following the weakest two quarters since the 2008-09 recession and a 0.2 percent contraction in December.

Boeing CEO urges FAA to return 787 to service, delays continue

WASHINGTON (Reuters) - - Boeing Co Chief Executive Jim McNerney on Thursday urged regulators reviewing battery problems on the company's grounded 787 passenger jet to let the plane back into service, saying he was confident the redesigned battery was safe. He would not specify when he expected the jet to be flying customers again other than saying "sooner rather than later."

BofA markets chief was bank's highest paid executive in '12

(Reuters) - Bank of America Corp's co-chief operating officer, Tom Montag, was once again the bank's highest paid executive in 2012, making $14.5 million in a year in which the bank showed signs of healing. Montag's compensation, which included a $5.46 million bonus and $8.19 million in stock, increased 21 percent to eclipse the $12 million awarded to Chief Executive Brian Moynihan, according to a filing the bank made on Thursday with the U.S. Securities and Exchange Commission.

Oil veteran Gandur plans Canada IPO for Oryx Petroleum

GENEVA (Reuters) - Addax & Oryx Group (AOG), chaired by billionaire Jean Claude Gandur, plans to list its oil exploration subsidiary Oryx Petroleum in Canada, the firm said on its website. Oil industry veteran Gandur was catapulted onto the Forbes rich list in 2009 when he sold Addax Petroleum to Sinopec three years after its IPO.

Exclusive: Cerberus seeks to bankroll investor landlords

NEW YORK (Reuters) - Private equity firm Cerberus Capital Management wants to provide financing to small investment firms that are buying foreclosed homes as part of a long-term bullish bet on the housing recovery, according to four sources familiar with the situation. Cerberus is targeting investment firms that are looking to buy a small number of homes in niche housing markets in the U.S. and rent them out, the sources said. These investors cannot tap the much larger financing deals being put together by banks such as Deutsche Bank, Credit Suisse , and Goldman Sachs Group for institutional buyers of foreclosed homes.

Cyprus bank controls to last a month, minister says

NICOSIA (Reuters) - Cyprus conceded on Thursday that tight capital controls would remain in force longer than expected as the island's banks reopened for the first time after the government was forced to accept a tough EU rescue package to avoid bankruptcy. Cypriots lined up calmly to withdraw limited amounts of cash, but there was no sign of a run on deposits, as had been feared.

EBay sets aggressive 2015 targets, shares climb

SAN FRANCISCO (Reuters) - EBay Inc foresees annual earnings growth of 15 percent to 19 percent over the next three years, and is targeting an increase in revenue of as much as 68 percent for the period. The aggressive goals drove its shares up more than 4 percent. Executives told analysts at eBay's annual investor day on Thursday that they expect revenue of $21.5 billion to $23.5 billion in 2015, versus $14 billion in 2012, as the company expands globally, focusing more on local commerce and using mobile technology to lure shoppers.

Bank of Canada searches far and wide for Carney's successor

OTTAWA (Reuters) - The search for a new Bank of Canada chief to replace Mark Carney has pitted internal front-runner Tiff Macklem against a range of external candidates as officials look outside the bank for people who may have more hands-on business experience. Most central bank watchers believe Macklem, currently second-in-command at the bank, has outstanding credentials and deserves to take over when his boss leaves.

Source: http://news.yahoo.com/ca-business-summary-004845905--finance.html

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Japan jobless rate rises, manufacturing dips

TOKYO (AP) ? Japan's jobless rate edged higher and industrial production fell slightly in February as consumer prices also fell, underscoring the fragility of the recovery of the world's third-largest economy.

The government data released Friday showed the main consumer price index fell 0.3 percent from a year earlier as deflation continued to defy the combined efforts of the government and central bank to move toward a 2 percent inflation target. However the CPI was up 0.1 percent from January's figure.

Unemployment rose to 4.3 percent from 4.2 percent the month before, while industrial production slipped by 0.1 percent in the first decline in three months. The unemployment rate for those below the age of 35 is significantly higher, at over 6 percent.

Japan's central bank governor, Haruhiko Kuroda, said Thursday that he believed the economy was improving after years of stagnation and would enter a moderate recovery by midyear. But he acknowledged high uncertainty because of the global economy.

Kuroda has pledged to work with Prime Minister Shinzo Abe's government in achieving the 2 percent inflation target set in January, preferably within two years, and ending years of growth-inhibiting deflation.

After taking power late last year, Abe's administration embarked on an aggressive stimulus program of government spending, monetary easing and planned reforms aimed at improving Japan's competitiveness. Revised figures show Japan's economy likely emerged from a recession late last year, but other data has been mixed.

The government's strategy will depend on getting consumers, whose spending accounts for the lion's share of economic activity, to spend more, and that in turn will hinge on encouraging companies to raise wages and increasing higher. Many companies huge cash reserves after having shed debt from the collapse of the economic bubble over 20 years ago but are wary of increasing investment given the existing weak demand and the aging and shrinking of the Japanese population.

Friday's data, coupled with signs of weakening retail sales, show the scale of the challenge in restoring consumer confidence.

By boosting inflation, Japan's planners hope to persuade consumers to spend more now in anticipation of price increases in the future. That could prove a daunting challenge given a drop in real wages over the past two decades and the weak job market, said Susumu Takahashi, head of the Japan Research Institute and a member of a government economic advisory council.

To achieve the inflation target the government must change expectations, he said.

"The only way is for the deflationary way of thinking to change. Without that it will be very hard," he said.

Speaking to lawmakers about the central bank's semiannual report, Kuroda said prices are unlikely to rise for the next few months but after that Japan would see some progress toward its inflation target as the economy moved toward a "moderate recovery path."

The central bank asset purchases and other strategies adopted so far have not been sufficient to reach the inflation target, he said, reiterating his intention to manage market expectations and "make clear that we have adopted the uncompromising stance that we will do whatever is necessary to overcome deflation."

Kuroda was appointed to succeed former BOJ governor Masaaki Shirakawa when he stepped down on March 19, three weeks before his term expired. The parliament is expected to approve his appointment to the five-year term, which is due to begin April 8.

The central bank is due to hold its first regular policy meeting under Kuroda April 3-4, though it may wait until later in the month to embark on any significant moves, such as a boosting its purchases of government bonds to help increase the amount of money available in the economy and encourage more investment by the private sector.

Source: http://news.yahoo.com/japan-jobless-rate-prices-manufacturing-fall-005246909--finance.html

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Friday, March 29, 2013

Giant robot jellyfish reporting for recon duty, sir (video)

Massive robot jellyfish reporting for recon duty, sir (video)

As if there weren't enough real jellyfish around to trigger our thalassophobia, researchers at Virginia Tech have created Cryo -- an eight-armed autonomous robot that mimics jelly movement with the help of a flexible silicone hat. The man-sized jellybot altogether dwarfs previous efforts, hence the upgrade from small tank to swimming pool for mock field tests. And unlike the passively propelled bots we've seen recently, Cryo runs on batteries, with the researchers hoping to better replicate the energy-efficient nature of jelly movement to eventually increase Cryo's charge cycle to months instead of hours. That's also the reason these robotic jellyfish are getting bigger -- because the larger they are, the further they can go. Potential uses include ocean monitoring and perhaps clearing oil spills, but the US Navy, which is funding the work, sees an opportunity to recruit jellies for underwater surveillance -- a job the researchers say is suited to their natural-looking disguise. But, before the tables are turned, you can spy on Cryo for yourself in the video below.

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Source: Virginia Tech (Vimeo)

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/3kT_NsemL_U/

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Problems Found with Colorado's Regulation of Medical Marijuana

According to a report recently released by the Colorado State Auditor's office, Colorado's Medical Marijuana Enforcement Division -- which falls under the Department of Revenue -- hasn't been following the law when it comes to regulating the industry in the state, has been underreporting tax revenue and has not been spending its money wisely. Here are the details.

* The Division was established in July 2010 to license and regulate businesses that grow, cultivate and sell medical marijuana products. As of October, the Division was charged with overseeing about 1,440 medical marijuana businesses, with the majority of its funding coming from medical marijuana business application and licensing fees.

* According to the auditor's report, the Division took an average of 23 months to issue final licensing decisions by the Aug. 1 effective date of a two-year moratorium on new medical marijuana businesses. 41 percent of the original license applications received by that date were still pending as of October.

* Some of the approved applications revealed potentially disqualifying information about the applicants, the auditor reported.

* Additionally, the Division spent about $1.1 million in the years 2011-12 to develop a marijuana plant tracking system. However, it fell short about $400,000 due to financial difficulties and still has not implemented the system.

* The auditor also found that the Division doesn't use the prescribed statutory process when confiscating marijuana due to disciplinary actions against a medical marijuana business and "has inadequate controls to ensure that seized marijuana is destroyed properly," the report stated.

* According to the report, the Division suffered 19 consecutive months of net losses, including a loss of $2.3 million in June 2011 because of large capital purchases including furniture, computer equipment and software for the marijuana plant tracking program.

* Some of the furniture purchases included $28,000 for seven desk extenders, $16,000 for three cubicles and $4,200 for four office chairs.

* "We reviewed these purchases and found that the Division did not take sufficient steps to ensure that these expenses were reasonable and appropriate," the report stated. "Specifically, the Division did not use a competitive bidding process to outfit its four offices and instead purchased the bulk of its furniture from Colorado Correctional Industries."

* The auditor's report also revealed that about $760,000 of sales tax revenue generated by 56 dispensaries in 2011-12 was not reported by the state's Department of Revenue.

* Due to financial difficulties, the Division laid off most of its staff in 2012, the report stated, adding that weaknesses in fee-setting, strategic planning and expense controls contributed to those financial problems.

* According to the Denver Post , when presented with the audit on Thursday, the legislative committee in charge of drafting a bill on recreational marijuana regulations began questioning whether the Division could handle the added responsibilities of recreational marijuana.

* "If they couldn't handle the little piece they have now," said Rep. Brian DelGrosso, R-Loveland, "there's no way we can trust them to handle more.

Source: http://news.yahoo.com/problems-found-colorados-regulation-medical-marijuana-200500342.html

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ZigBee IP spec goes public, offers open IPv6 mesh networking

ZigBee IP spec goes public, offers open IPv6 mesh networking

While ZigBee hasn't become as ubiquitous in wireless as the likes of Bluetooth or WiFi, it has carved out niches in home automation and low-power gear. The format is about to expand its world a little further now that a more network-savvy spec, ZigBee IP, is officially available for everyone. The upgrade adds IPv6 and tougher security to the open mesh networking formula, letting it more easily join an internet of things where there's potentially billions of connected devices. The ZigBee Alliance isn't naming customers at this stage, although it's quick to note that ZigBee IP was built for smart grid use: don't be surprised if you first see it behind the scenes, keeping energy use in check.

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/ZkzyxVKfeSw/

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Famous Taiwan news animator taken off market, away from China

A deal fell through this week to sell Taiwan's Next Media, known for spoofs on everyone from the British royals to Sarah Palin. Many Taiwanese worried that its sale could have given it a pro-China bias.

By Ralph Jennings,?Correspondent / March 28, 2013

A man walks past the logo of Next Media at its headquarters in Taipei January 21. Taiwan regulators, under pressure from a public worried that Beijing may meddle in their media, have begun talking tough on TV and newspaper deals by Taiwanese businessmen with strong ties to the mainland.

Pichi Chuang/REUTERS

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You may never have heard of Taiwan?s Next Media but you may have seen its handiwork while surfing television channels or online.

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The Daily Show with Jon Stewart?highlighted the animation studio?s spoof on the royal wedding in 2012, and the group's poke at Tiger Woods, imitations of Al Gore, and a jab at Silvio Berlusconi?s sex scandals in Italy all went viral on the Internet.

But then in November, the media group known so well for depicting famous controversies around the world suddenly found itself at the center of its own kerfuffle at home when it announced it was for sale to a conservative business group with China connections. The news set off a chain of street demonstrations in Taiwan, drawing thousands. ?

In Taiwan, the media tends to be heavily polarized, either bashing China or avoiding criticism of it. Independent empires such as Next Media are rare. So activists feared that the prospective buyers would take that gem away by revamping Next Media to please China and compromise its irreverent independence.

But on Wednesday, Next Media announced that the buyers had bailed. As the consortium of four buyers missed a deadline to complete the deal worked out in November, the media group sought to reassert the independent spirit that made it popular before the concern about Chinese control started looming.

It said that except for television, which has lost more than $200 million since 2003, the group is no longer for sale.

?People?s concerns are fair and with evidence,? says Leonard Chu, a retired media studies professor at National Chengchi University in Taipei, referring to protesters and skeptical academics. ?We know that China is not an open society, so that?s a reason to worry.?

Of Taiwan?s six major daily papers and six mainstream cable TV channels, only three regularly raise doubts about Taiwan?s engagement with China.

The Want Want Group, a main contender to buy Next Media, controls several Taiwanese media outlets seen as warm toward Beijing, and raised fears that the politically neutral Next Media coverage would be slanted toward Beijing. But before the $586 million takeover could be finalized, a Next Media spokesman said infighting between investors crashed the deal.

?The buyers decided they don?t want to go forward,? says Next Media?s commercial director Mark Simon, who added that Next Media changed its mind about selling. ?The company is not for sale anymore.?

Next Media?s animated graphics, which use lifelike cartoon videos of politicians and celebrities to recreate news events, have earned the company a cult following online. Next Media?s Internet following has reached about 15 million in Taiwan and Hong Kong combined.

?Why go out and put your employees and put everybody through hell?? Simon says of the decision to take the company off the market. ?TV is on the way out, and we?ll sell TV, but everything else here makes money. It?s a very profitable company.??

Because of pressure from the public, Taiwan?s?broadcast authorities and the legislature are studying whether they can?change laws to prevent media monopolies.

?The public opinions toward the purchase did play a role in keeping the government on their toes, so they can?t just not be transparent and let a deal go through,? says?Ketty Chen,?a political scientist and visiting instructor at National Taiwan University in Taipei.

China has claimed self-ruled Taiwan since the Chinese civil war of the 1940s?and demands that the two sides eventually reunify. Beijing has not ruled out the use of force, keeping the island on guard, despite a thaw in relations since 2008.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/ST01T1kHh14/Famous-Taiwan-news-animator-taken-off-market-away-from-China

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Wow! Jennifer Hudson Is Looking Super Skinny

Jennifer Hudson debuts a slimmer figure! Plus, check out more pics of your favorite stars on the scene!

Source: http://www.ivillage.com/star-snapshots-celebrity-photo-gallery-2012/1-b-450006?dst=iv%3AiVillage%3Astar-snapshots-celebrity-photo-gallery-2012-450006

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Toys "R" Us Tabeo


Kids love tablets. They also love Toys "R" Us. But those two worlds don't combine well in the Tabeo ($149.99 direct), a kid-friendly Android tablet made by Archos for the toy giant. The Toys "R" Us brand name is about the only thing going for the Tabeo, which is plagued by a disappointing display, sluggish performance, and poorly implemented parental controls. The Tabeo is definitely inexpensive, but for $50 more, the Fuhu Nabi 2?and the Amazon Kindle Fire HD?with FreeTime?offer better hardware, more polished interfaces, and more comprehensive parental controls. And for only $10 more there's the Amazon Kindle Fire, which might not be as feature-rich as the Nabi 2 or the Fire HD, but still easily beats the Tabeo.

Design and Features
The Tabeo is an unassuming all-plastic tablet wrapped in a protective rubber bumper. At 8.8 by 5.6 by 0.5 inches and 13.4 ounces, it's smaller and lighter than the Nabi 2, but by no means a thin and light tablet. The all-plastic construction feels sturdy enough, though the bumper is easily removable. All ports and buttons are along the right edge when held in landscape orientation. You get a mini-HDMI out, a 3.5mm headphone jack, a microUSB port, a microSD card slot, and a Power button. There are no hardware volume buttons, which is a bit of a nuisance as the software volume buttons built into Android aren't immediately apparent in every app.?

The 7-inch 800-by-480-pixel screen is subpar, with noticeably jaggy text and an ever-present grain that washes out colors and saps detail. It's made worse by its very narrow viewing angle and relatively low brightness. The displays on both the Nabi 2 and Kindle Fire HD are much sharper, with 1,280-by-800-pixel resolution, and feature more vibrant colors and a wider viewing angle.

This is a Wi-Fi only tablet that connects to 802.11b/g/n networks on the 2.4GHz frequency only. There's a front-facing camera, limited to 320-by-240-pixel images. The Tabeo comes in a single 4GB model, but you can expand storage by 64GB via microSD card.

Performance and Parental Controls
The Tabeo is powered by a single-core 1GHz ARM Cortex A8 processor with 1GB RAM. As such, don't expect blazing performance. In fact, don't even expect smooth performance?in my tests, the Tabeo rendered choppy animations, stuttered while scrolling simple Web pages, and suffered from generally lethargic performance. You'll be able to play less resource-hungry games, but even Temple Run felt choppy and unresponsive. ?

Toys "R" Us went with a relatively light skin on Android 4.0 "Ice Cream Sandwich," which is a bit surprising as most kid-friendly tablets employ heavy-handed modifications. Instead of a sandboxed kid mode and full-featured adult mode, there's simply one mode with a toggle for parental controls. Unfortunately, it's painfully confusing to set up the parental controls. You need to create an account with Mobile Parent Filter, an included app, and then it's not obvious how to enable restrictions and what apps they affect. There are time restriction controls, and filters for adult content, but all of these only apply to the browser. The Tabeo lacks Google Play, so at least there's little chance of kids downloading inappropriate apps. Both the Nabi 2 and Kindle Fire HD both employ multiple, sandboxed modes to keep a tighter limit on how kids use the tablets.

Like most kid-friendly tablets, the Tabeo is preloaded with games and educational content. Angry Birds and Cut the Rope are both included. There are educational apps and ebooks, but they fall short of Fuhu's offering on the Nabi 2. You're also limited to the Tabeo app store, which has only a few hundred apps. You can sideload APKs, but many parents, especially those unfamiliar with Android, could find that too difficult. The Nabi 2 has access to Google Play, and the Kindle Fire has the Amazon App Store, along with Amazon's vast media selection.

Media support is good on the Tabeo. For audio, you get MP3, AAC, FLAC, OGG, and WAV support, but no WMA. For video, the Tabeo supports Xvid, DivX, MPEG4, H.264, and AVI files at up to 1080p resolution. Mirroring onto an HDTV worked fine using a mini-HDMI cable, but performance was very sluggish. On our battery rundown test, which loops a video with Wi-Fi on and screen brightness set to max, the Tabeo lasted a pitiful 2 hours, 52 minutes. The Nabi 2 lasted 7 hours, 42 minutes and the Kindle Fire HD lasted 7 hours on the same test.

Conclusions
The Tabeo enjoys the strength of the Toys "R" Us brand name. Unfortunately that amounts to nothing but a name, as the Tabeo is frustratingly slow, uses a subpar screen, and doesn't have great content or parental controls.?There's also a legal battle between Toys "R" Us and Fuhu, the latter claiming that Toys "R" Us stole Fuhu's intellectual property to bring its own kids tablet to market. Given the results here, perhaps Toys "R" Us should have just stuck with Fuhu.?Compared with competitors like the Nabi 2 or the Kindle Fire HD, the Tabeo falls flat in every respect. If price is your biggest factor, spend $10 more and get the original Kindle Fire, a much better tablet than the Tabeo.?

Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/X-dS71Jny9Q/0,2817,2417104,00.asp

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Thursday, March 28, 2013

'G.I. Joe: Retaliation' Heroes Get 'Grittier,' Stars Reveal

Director Jon M. Chu, Dwayne Johnson, Adrianne Palicki and D.J. Cotrona tell MTV News about returning series to its roots.
By By Brett White


Dwayne Johnson in "G.I. Joe: Retaliation"
Photo: Paramount

Source: http://www.mtv.com/news/articles/1704471/gi-joe-retaliation-heroes.jhtml

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Iterate 43: Pocket Casts and going Android first

Iterate 43: Pocket Casts and going Android first

Russell Ivanovic, Philip Simpson, and Matt Kelsh of Shifty Jelly talk to Marc, Seth, and Rene about being indie in Australia, making Pocket Weather, and why they decided to go Android first for Pocket Casts. Note: All accents in this show are, we assume, fake.

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Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/OM9w2dtXiGk/story01.htm

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Wastewater injection spurred biggest earthquake yet, says study

Wednesday, March 27, 2013

A new study in the journal Geology is the latest to tie a string of unusual earthquakes, in this case, in central Oklahoma, to the injection of wastewater deep underground. Researchers now say that the magnitude 5.7 earthquake near Prague, Okla., on Nov. 6, 2011, may also be the largest ever linked to wastewater injection. Felt as far off as Milwaukee, more than 800 miles away, the quake?the biggest ever recorded in Oklahoma--destroyed 14 homes, buckled a federal highway and left two people injured. Small earthquakes continue to be recorded in the area. The study appeared today in the journal's early online edition.

The recent boom in U.S. energy production has produced massive amounts of wastewater. The water is used both in hydrofracking, which cracks open rocks to release natural gas, and in coaxing petroleum out of conventional oil wells. In both cases, the brine and chemical-laced water has to be disposed of, often by injecting it back underground elsewhere, where it has the potential to trigger earthquakes. The water linked to the Prague quakes was a byproduct of oil extraction at one set of oil wells, and was pumped into another set of depleted oil wells targeted for waste storage.

Scientists have linked a rising number of quakes in normally calm parts of Arkansas, Texas, Ohio and Colorado to below-ground injection. In the last four years, the number of quakes in the middle of the United States jumped 11-fold from the three decades prior, the authors of the Geology study estimate. Last year, a group at the U.S. Geological Survey also attributed a remarkable rise in small- to mid-size quakes in the region to humans. The risk is serious enough that the National Academy of Sciences, in a report last year called for further research to "understand, limit and respond" to induced seismic events. Despite these studies, wastewater injection continues near the Oklahoma earthquakes.

The magnitude 5.7 quake near Prague was preceded by a 5.0 shock and followed by thousands of aftershocks. What made the swarm unusual is that wastewater had been pumped into abandoned oil wells nearby for 17 years without incident. In the study, researchers hypothesize that as wastewater replenished compartments once filled with oil, the pressure to keep the fluid going down had to be ratcheted up. As pressure built up, a known fault?known to geologists as the Wilzetta fault--jumped. "When you overpressure the fault, you reduce the stress that's pinning the fault into place and that's when earthquakes happen," said study coauthor Heather Savage, a geophysicist at Columbia University's Lamont-Doherty Earth Observatory.

The amount of wastewater injected into the well was relatively small, yet it triggered a cascading series of tremors that led to the main shock, said study co-author Geoffrey Abers, also a seismologist at Lamont-Doherty. "There's something important about getting unexpectedly large earthquakes out of small systems that we have discovered here," he said. The observations mean that "the risk of humans inducing large earthquakes from even small injection activities is probably higher" than previously thought, he said.

Hours after the first magnitude 5.0 quake on Nov. 5, 2011, University of Oklahoma seismologist Katie Keranen rushed to install the first three of several dozen seismographs to record aftershocks. That night, on Nov. 6, the magnitude 5.7 main shock hit and Keranen watched as her house began to shake for what she said felt like 20 seconds. "It was clearly a significant event," said Keranen, the Geology study's lead author. "I gathered more equipment, more students, and headed to the field the next morning to deploy more stations."

Keranen's recordings of the magnitude 5.7 quake, and the aftershocks that followed, showed that the first Wilzetta fault rupture was no more than 650 feet from active injection wells and perhaps much closer, in the same sedimentary rocks, the study says. Further, wellhead records showed that after 13 years of pumping at zero to low pressure, injection pressure rose more than 10-fold from 2001 to 2006, the study says.

The Oklahoma Geological Survey has yet to issue an official account of the sequence, and wastewater injection at the site continues. In a statement responding to the paper, Survey seismologist Austin Holland said the study showed the earthquake sequence could have been triggered by the injections. But, he said, "it is still the opinion of those at the Oklahoma Geological Survey that these earthquakes could be naturally occurring. There remain many open questions, and more scientific investigations are underway on this sequence of earthquakes and many others within the state of Oklahoma."

The risk of setting off earthquakes by injecting fluid underground has been known since at least the 1960s, when injection at the Rocky Mountain Arsenal near Denver was suspended after a quake estimated at magnitude 4.8 or greater struck nearby?the largest tied to wastewater disposal until the one near Prague, Okla. A series of similar incidents have emerged recently. University of Memphis seismologist Stephen Horton in a study last year linked a rise in earthquakes in north-central Arkansas to nearby injection wells. University of Texas, Austin, seismologist Cliff Frohlich in a 2011 study tied earthquake swarms at the Dallas-Fort Worth Airport to a brine disposal well a third of a mile away. In Ohio, Lamont-Doherty seismologists Won-Young Kim and John Armbruster traced a series of 2011 earthquakes near Youngstown to a nearby disposal well. That well has since been shut down, and Ohio has tightened its waste-injection rules.

Wastewater injection is not the only way that people can touch off quakes. Evidence suggests that geothermal drilling, impoundment of water behind dams, enhanced oil recovery, solution salt mining and rock quarrying also can trigger seismic events. (Hydrofracking itself is not implicated in significant earthquakes; the amount of water used is usually not enough to produce substantial shaking.) The largest known earthquakes attributed to humans may be the two magnitude 7.0 events that shook the Gazli gas fields of Soviet Uzbekistan in 1976, followed by a third magnitude 7.0 quake eight years later. In a 1985 study in the Bulletin of the Seismological Society of America, Lamont-Doherty researchers David Simpson and William Leith hypothesized that the quakes were human-induced but noted that a lack of information prevented them from linking the events to gas production or other triggers. In 2009, a geothermal energy project in Basel, Switzerland, was canceled after development activities apparently led to a series of quakes of up to magnitude 3.4 that caused some $8 million in damage to surrounding properties.

In many of the wastewater injection cases documented so far, earthquakes followed within days or months of fluid injection starting. In contrast, the Oklahoma swarm happened years after injection began, similar to swarms at the Cogdell oil field in West Texas and the Fort St. John area of British Columbia.

The Wilzetta fault system remains under stress, the study's authors say, yet regulators continue to allow injection into nearby wells. Ideally, injection should be kept away from known faults and companies should be required to provide detailed records of how much fluid they are pumping underground and at what pressure, said Keranen. The study authors also recommend sub-surface monitoring of fluid pressure for earthquake warning signs. Further research is needed but at a minimum, "there should be careful monitoring in regions where you have injection wells and protocols for stopping pumping even when small earthquakes are detected," said Abers. In a recent op-ed in the Albany (N.Y.) Times Union, Abers argued that New York should consider the risk of induced earthquakes from fluid injection in weighing whether to allow hydraulic fracturing to extract the state's shale gas reserves.

###

The Earth Institute at Columbia University: http://www.earth.columbia.edu

Thanks to The Earth Institute at Columbia University for this article.

This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

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Source: http://www.labspaces.net/127474/Wastewater_injection_spurred_biggest_earthquake_yet__says_study

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