Monday, February 4, 2013

Take a starlit tour of the Planetarium Projector Museum

Optical relics aplenty reside under one roof (parachute actually) at the Planetary Projector Museum in Southern California. Take a video tour.

Source: http://news.cnet.com/8301-17938_105-57565888-1/take-a-starlit-tour-of-the-planetarium-projector-museum/?part=rss&subj=news&tag=2547-1_3-0-20

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Astronauts Will Watch the Super Bowl from Space


Six astronauts living in space may not have gravity, fresh food or a shower, but there is one Earth necessity they won't miss Sunday: They're going to watch the Super Bowl.

NASA's Mission Control at the Johnson Space Center in Houston will beam the Super Bowl XLVII showdown between the San Francisco 49ers and the Baltimore Ravens live to the International Space Station so its astronaut crew can watch the big game along with every other football fan on Earth.

"Yes they are going to watch it this weekend," NASA spokesman Josh Byerly told SPACE.com in an email. Byerly said Mission Control made a special point on Friday (Feb. 1) of asking the station astronauts if they wanted to catch the…
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Source: http://feeds.mashable.com/~r/Mashable/~3/jQARAdz_LOI/

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Sunday, February 3, 2013

Google?s Schmidt: ?Twitter Can No More Produce Analysis Than A Monkey Can Type Out A Work of Shakespeare?

EricSchmidt008Google Chairman Eric Schmidt's upcoming book, "The New Digital Age," isn't pulling any punches. From the "irrelevance" of anonymity to some juicy thoughts on Twitter, the Wall Street Journal published some thought-provoking quotes from the book slated to be released in April.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/v1Fr5XTZ9O8/

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ESA tests prospect of 3D printing Moon bases with lunar soil

ESA tests prospect of 3D printing Moon bases with lunar soil

Building a base on the Moon poses a rather large logistics problem when all the construction material has to make a 238,900-mile journey. The European Space Agency has proposed packing light: it's teaming with Foster + Partners to test the possibility of 3D printing not just the tools, but whole lunar buildings. The current method would bind powder in layers to create hollow, cellular building blocks that are both sturdy and relatively light. With an improved D-Shape printer from Monolite, the ESA believes it could finish a whole structure inside of a week -- if only we could finish most Earth-bound homes so quickly. There's no word on the likelihood of any spacefarers using the technique, but it's easy to see the value of leaving more room for the supplies that really matter.

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Via: CNET

Source: ESA

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/T2CotHG5vUc/

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Saturday, February 2, 2013

How to buy movie tickets with Siri on your iPhone and iPad

How to buy movie tickets with Siri on your iPhone and iPad

As of iOS 6, Siri has been able to help you find movie theaters and showtimes. With the iOS 6.1 update Siri can also help you purchase tickets to the movie of your choice with help from the Fandango app. All you have to do is have Fandango installed and then ask Siri to find tickets.

If you aren't sure how, follow along...

First, you must install the Fandango app on your iPhone or iPad in order for Siri to help you buy movie tickets. It's available for free in the App Store.

  1. Press and hold the Home button on your iPhone or iPad to activate Siri.
  2. Ask her something like "Find showtimes for Zero Dark Thirty." She will then pull up a list of showtimes.
  3. Siri may find the movie playing at multiple theaters with different showtimes. Simply tap on the theater that you'd like to go to.
  4. From here tap on the showing time you'd like to go to.
  5. Now tap on Buy Tickets.
  6. The Fandango app will now launch and you'll be able to complete your purchase through there.
  7. That's it. Your tickets will be purchased and you can either print them out or pick them up at the theater.

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

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Friday, February 1, 2013

Pandora now using Play Store to manage One monthly subscriptions

Pandora

Pandora users wishing to upgrade from a free to paid account via the Android app can now manage their subscription directly in Google Play. Following a link in the settings of the app now takes you to a Play Store in-app purchase page to start the subscription. A Pandora One account will still set you back the same $3.99 (plus tax, at least in my state,) but this way it will be tied to your Google account. The terms right on the Play Store payment page explain that the app will continue to charge you on a monthly basis via Google Wallet.

This is a really nice way to manage subscriptions for many people, as having things tied to your Google account is usually better than individual logins and payment processes for each service. The new functionality is included in the latest version of the Pandora app, available at the Play Store link above.

Source: http://feedproxy.google.com/~r/androidcentral/~3/RIPplXYIBRs/story01.htm

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China Averts $482 Billion in Local Bank Defaults via Massive Rollover Scheme; Extend-and-Pretend Chinese Style

The Chinese banking system is insolvent. Of course, the entire global banking system is insolvent, but today's spotlight is on China. Please consider China averts local government defaults.
Chinese banks have rolled over at least three-quarters of all loans to local governments that were due to mature by the end of 2012, an indication of the immense challenge facing China in working down its debt load.

Local governments borrowed heavily from banks to fuel China?s stimulus programme during the global financial crisis and are now struggling to generate the revenue to pay them back, a shortfall that could cast a shadow over Chinese economic growth.

Banks extended at least Rmb 3tn ($482bn) ? and perhaps more ? of the roughly Rmb 4tn in loans plus interest that local governments were to have paid them by the end of last year, according to Financial Times calculations based on official data.

Extend-and-Pretend Chinese Style

Since details on refinancing and interest rates are lacking, the reported $482 billion is undoubtedly on the low side.

The key point is that massive rollovers were needed to stave off defaults.

?That?s a correct observation and explanation,? said Stanley Li, a banking analyst with Mirae Asset Securities. ?Based on the payback period for the infrastructure projects [started by local governments], it will take more than 10 years to pay these loans back.?

Ten years? How about never? Many of these projects were never economically viable, especially the housing and land schemes.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com