What You Need to Know About Hybrid Cloud Security and Other Risks

What You Need to Know About Hybrid Cloud Security and Other Risks

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According to a report published by Gartner, the cloud is about to transition into a prolonged phase towards mainstream adoption. Its ?hype? bubble, which affects all burgeoning technologies before they are fully embraced, burst somewhere in the midpoint of 2012. 2013 is considered a critical year for hybrid clouds and they are are an important consideration for businesses because they are still parsing out which functions can be exposed to the risks of public cloud and which are best left private. In the general case this will mean gradual cloud network migration as the risks are vetted by one by one. Some of the challenges hybrid cloud introduces are in compliance, security management, and meeting service-level agreements (SLA).

Compliance

High-stakes enterprises benefit from implementing hybrid cloud solutions, but they must also remain compliant with regulations such as PCI and HIPAA. Maintaining compliance with such standards using cloud systems is not as inherently onerous as some would think ? in fact they were designed to be platform-agnostic. For example, if requirements such as a firewalls or encryption of personal data are in place, it does not matter what technology or architecture is used to implement them. However, with a hybrid cloud data moves with relative ease between public and private, meaning that there are additional points of scrutiny adding to the challenge of compliance. Not only must the public and private components of the solution be up to standard, the coordination between the two must be compliant as well.

Security Management

In order to manage the security of a network, multiple controls must be in place such as authentication and credentials. Hybrid cloud introduces the complication that these security items may need to be replicated on both the public and private side, meaning potential skew and additional points by which access may be compromised.

SLA Issues

Public cloud providers go out of their way to make good on SLA promises of uptime that exceeds 99% and approaches perfect availability. However, when an organization mixes public cloud with private cloud, it must account for the fact that it may not be able to meet such an SLA from the private side and should craft its agreements realistically.

For more on the risks and challenges of cloud network migration, contact a trusted cloud solution provider.

Source: http://www.aetechgroup.com/what-you-need-to-know-about-hybrid-cloud-security-and-other-risks/

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Mo. woman charged in antifreeze poisoning deaths

SPRINGFIELD, Mo. (AP) ? A southwest Missouri woman is charged with using antifreeze to fatally poison her husband and son and attempt to kill her daughter over a 14-month period.

Fifty-one-year-old Diane Staudte of Springfield was charged Friday with two counts of first-degree murder, one count of first-degree assault and one count of armed criminal action. She is being held without bond. It isn't immediately clear if she has an attorney.

The probable cause statement says authorities received an anonymous tip earlier this month.

The statement says Staudte admitted under questioning to killing her husband, 61-year-old Mark Staudte, in April 2012 and her son, 26-year-old Shawn Staudte, in September.

The statement also says she admitted poisoning her daughter, 24-year-old Sarah Staudte, this month. She survived.

Source: http://news.yahoo.com/mo-woman-charged-antifreeze-poisoning-deaths-171144432.html

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'The Best Mom I Can Be'

This is a teen-written article from our friends at Represent Magazine, a platform for and by young people in foster care. Represent is published by Youth Communication, a nonprofit organization that helps marginalized youth develop their full potential through reading and writing. Some names have been changed in this young author's story.

By Hollie Williams

I went into labor late on August 14, 2011. My foster mom, Mrs. Peace, my foster sisters Anita and Shanika, and a midwife were in the hospital to help me. About three hours later, on August 15, at 2:40 a.m., I gave birth to Jewelz Thomas. I was so excited to finally meet my son, whom I carried for 40 long weeks. I loved him from the moment I held him, looked into his eyes, and started to breast feed.

As I looked at my son, I thought about my mother. She died a little more than a year before Jewelz was born, from cirrhosis of the liver. The last time I saw her was Mother?s Day, 2010. Her death was a devastating blow I cope with every day. But I?m striving to give my son the stability she couldn?t give us.

Her alcoholism affected our family long before she died. She would run the streets at night and drink out in the cold; as a child, I?d try to get her back into the house. She couldn?t hold a job or manage her finances. She would get evicted, and my four siblings and I spent some of our childhood in shelters. Still, she always praised us and told us she loved us. I miss her to this day.

On, January 2, 2001, all five kids were taken away from our mother. I was 9, my sister Leticia was 14, Emma was 11, Shanda was 6, and my little brother Noah was 4. We waited in a Children?s Protective Services building in Manhattan until 11 p.m., when Shanda, Leticia and I were taken to the home of Ms. Elizabeth Ellison. Emma and Noah were placed in another home: Five was too many to keep together.

I stayed with Elizabeth for three years. It was hard for me to be away from my mother. She would call three to four times a week, and when the call ended, I felt sorrow. I worried about my mother all the time.

After several weeks, my older sister Leticia began running away, and Elizabeth decided she couldn?t keep her. I was only 9. I was afraid that something would happen to Leticia. I was afraid that I was losing my family to foster care. My heart ached as I wondered if we would ever reunite again as a whole.

Unconditional Love

My mother wanted us back, but had to prove to the court that she was able to care for us. Unfortunately, she was one minute sober and the next minute relapsing.

By the time I was 13, I?d been in three foster homes. I began running away from that third home, the home of Ms. Mabel Welch, who I called mom. Ms. Welch offered to adopt my little sister Shanda and me, even though my mom?s parental rights had not been terminated yet. I liked her, but I was not ready to be adopted and completely move on. It was hard to make that decision because I wanted guidance and someone who could raise me as a daughter. But adoption felt like giving up on my mom. It made me feel good to give unconditional love to my mother throughout her alcohol addiction.

I was moved again, and kept running away to see my mom. I was the queen of AWOL. Looking back, I see that what I hurt most was my education. When I was in school, I was a great student. My consistent absences, however, made me fail classes. When I returned from AWOLing, I had so much to make up. Trying to catch up on all I missed stressed me out. I started to have panic attacks.

I was also trying to cope with my emotions toward my mother, and I was angry because I wanted to be home already. The court terminated my mother?s parental rights seven years after we went into care, but I couldn?t accept that I?d never live with her again. I expressed my unhappiness about being in foster care by consistently running away. I guess running away was a behavior addiction caused by the instability of my life.

Preparing to Parent

I did not stop running away until I got pregnant. And even when I was pregnant I explored the option of signing out of foster care. My baby father, Mikel, and I wanted to be a team in parenting. He came to prenatal care appointments and teen Lamaze birthing classes with me. He was the one I chose as my support system for labor and delivery. He came with me to family court and agency meetings.

We decided that it was best for me to leave foster care and for the three of us to live in a family shelter together. Mikel, who was about to turn 21, was living with his aunt in Harlem, and the three of us wouldn?t be able to live there. Neither of us had jobs, so we couldn?t get public housing.

Click here to read the rest of the story on RepresentMag.org.

Also on HuffPost:

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Source: http://www.huffingtonpost.com/2013/06/21/the-best-mom-i-can-be_n_3476173.html

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Man Masturbates, Barks Like Dog As Historic Club Burns | Motor City Muckraker |

Photo via Getty.

Motor City Muckraker:

As firefighters battled an enormous blaze at the historic University Club in Detroit this weekend, a wild-eyed man wearing only a black polo shirt emerged from the dark brush and began masturbating and barking like a dog.

After frenziedly satisfying himself in front of firefighters and onlookers at 4:30 a.m. Saturday, the lurker crawled on his hands and knees, with his tongue out, and gazed at flames that tore through the three-story Collegiate Gothic building at 1411 E. Jefferson.

Read the whole story at Motor City Muckraker

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Filed by Ashley Woods ?|?

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1. HuffPost
2. Detroit

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Source: http://www.huffingtonpost.com/2013/06/21/man-masturbates-barks-lik_n_3478285.html

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LeBron leads Heat to second straight title

The Miami Heat's LeBron James holds the the Larry O'Brien NBA Championship Trophy after Game 7 of the NBA basketball championship against the San Antonio Spurs, Friday, June 21, 2013, in Miami. The Miami Heat defeated the San Antonio Spurs 95-88 to win their second straight NBA championship. (AP Photo/Lynne Sladky

The Miami Heat's LeBron James holds the the Larry O'Brien NBA Championship Trophy after Game 7 of the NBA basketball championship against the San Antonio Spurs, Friday, June 21, 2013, in Miami. The Miami Heat defeated the San Antonio Spurs 95-88 to win their second straight NBA championship. (AP Photo/Lynne Sladky

The Miami Heat's LeBron James (6) shoots against the San Antonio Spurs during the first half in Game 7 of the NBA basketball championships, Thursday, June 20, 2013, in Miami. (AP Photo/Steve Mitchell, Pool)

The Miami Heat's LeBron James (6) shoots against the San Antonio Spurs' Danny Green (4) during the first half in Game 7 of the NBA basketball championships, Thursday, June 20, 2013, in Miami. (AP Photo/Lynne Sladky)

The San Antonio Spurs' Tim Duncan (21) embraces Miami Heat's Dwyane Wade (3) as Miami Heat's LeBron James (6) looks on during the first half in Game 7 of the NBA basketball championship, early Friday morning, June 21, 2013, in Miami. The Miami Heat defeated the San Antonio Spurs 95-88 to win their second straight NBA championship. (AP Photo/Steve Mitchell, Pool)

Miami Heat s forward LeBron James (6) reacts after he was fouled during the second half in Game 7 of the NBA basketball championship against the San Antonio Spurs, Thursday, June 20, 2013, in Miami. The Miami Heat won 95-88. (AP Photo/Wilfredo Lee)

MIAMI (AP) ? Victory in Game 7 brought more than another crown for LeBron James and the Miami Heat. It validated the team and its leader, forever cementing their place among the NBA's greats.

For the vanquished San Antonio Spurs, it simply compounded the misery of a championship that got away.

James led the Heat to their second straight title, scoring 37 points and grabbing 12 rebounds in a 95-88 victory Thursday night in a tense game that was tight until Miami pulled away in the final minute.

Capping their best season in franchise history ? and perhaps the three-superstar system they used to build it ? the Heat ran off with the second straight thriller in the NBA's first championship series to go the distance since 2010.

Two nights after his Game 6 save when the Heat were almost eliminated, James continued his unparalleled run through the basketball world, with two titles and an Olympic gold medal in the last 12 months.

"I work on my game a lot throughout the offseason," said James, who was MVP for the second straight finals. "I put a lot of work into it and to be able to come out here and (have) the results happen out on the floor is the ultimate. The ultimate. I'm at a loss for words."

He made five 3-pointers, defended Tony Parker when he had to, and did everything else that could ever be expected from the best player in the game.

The Heat became the NBA's first repeat champions since the Lakers in 2009-10, and the first team to beat the Spurs in the NBA Finals.

"It took everything we had as a team," Dwyane Wade said. "Credit to the San Antonio Spurs, they're an unbelievable team, an unbelievable franchise. This is the hardest series we ever had to play. But we're a resilient team and we did whatever it took."

Players and coaches hugged afterward ? their respect for each other was obvious from the opening tipoff of Game 1 through the final buzzer.

A whisker away from a fifth title two nights earlier, the Spurs couldn't find a way to win it all in what was perhaps the last shot for Tim Duncan, Parker and Manu Ginobili to grab another ring together.

"In my case I still have Game 6 in my head," Ginobili said. "Today we played an OK game, they just made more shots than us. LeBron got hot. Shane (Battier), too. Those things can happen. But being so close and feeling that you are about to grab that trophy, and seeing it vanish is very hard."

They were trying to become the first team to win a Game 7 on the road since Washington beat Seattle in 1978, but those old guys ran out of gas just before the finish.

Fans stood, clapped and danced as the clock ticked down, when every score was answered by another score, each stop followed by a better stop. The Heat pushed their lead to six points a few times midway through the fourth but San Antonio kept coming back.

Duncan had 24 points and 12 rebounds for the Spurs, but missed a shot and follow attempt right under the basket with about 50 seconds left and the Spurs trailing by two.

James followed with a jumper ? the shot the Spurs were daring him to take earlier in the series ? to make it 92-88, sending San Antonio to a timeout as Glenn Frey's "The Heat Is On" blared over the arena's sound system.

He then came up with a steal and made two free throws for a six-point lead, and after Ginobili missed, James stalked toward the sideline, knowing it was over and that he was, once again, the last one standing.

Wade had 23 points and 10 rebounds for the Heat, who overcame a scoreless Chris Bosh by getting six 3-pointers and 18 points from Shane Battier.

"It was a great series and we all felt that," Spurs coach Gregg Popovich said. "I don't know if 'enjoy' is the right word, but in all honesty, even in defeat, I'm starting to enjoy what our group accomplished already, when you look back. And you need to do that, to put in perspective. So it's no fun to lose, but we lost to a better team. And you can live with that as long as you've given your best, and I think we have."

Streamers fell from the arena ceiling onto the fans for the second year in a row, but this one meant so much more. A narrow escape in Game 6 was still fresh in everyone's mind.

They were down 10 in the fourth quarter of that one before James led the charge back, finishing with a triple-double in Miami's 103-100 overtime victory. This one was nearly as tight, neither team leading by more than seven and the game tied 11 times.

Kawhi Leonard had 19 points and 16 rebounds for the Spurs, who had been 4 for 4 in the championship round. Ginobili had 18 points but Parker managed just 10 points on 3-of-12 shooting.

"Just give credit to the Miami Heat. LeBron was unbelievable. Dwyane was great. I just think they found a way to get it done," Duncan said. "We stayed in the game. We gave ourselves opportunities to win the game, we just couldn't turn that corner."

The Heat and coach Erik Spoelstra collected the Larry O'Brien trophy again from Commissioner David Stern, presiding over his final NBA Finals before retiring next February.

He couldn't have asked for a better way to go out.

James avenged his first finals loss, when his Cleveland Cavaliers were swept by the Spurs on 2007. That helped send James on his way to South Florida, realizing it would take more help to win titles that could never come alone.

He said he would appreciate this one more because of how tough it was. The Heat overpowered Oklahoma City in five games last year, a team of 20-something kids who weren't ready to be champions yet.

This came against a respected group of Spurs whose trio has combined for more than 100 playoff victories together and wanted one more in case this was San Antonio's last rodeo.

Duncan is 37 and Ginobili will be a 36-year-old free agent next month, the core of a franchise whose best days may be behind them.

Meanwhile, it's a potential dynasty along Biscayne Bay, but also one with a potentially small window. Wade's latest knee problems are a reminder that though he came into the NBA at the same time as James and Bosh, he's a couple of years older at 31 with wheels that have seen some miles.

James can become a free agent again next summer with another decision ? though hopefully not another Decision ? to make. He's comfortable in Miami and close with Wade, and the Heat have the leadership and commitment from owner Micky Arison and president Pat Riley to keep building a championship core around him.

Why would he want to leave?

San Antonio's most recent title came at James' expense. The Spurs exploited the weaknesses in James' game though knew someday they would be gone, Duncan telling him afterward that the league would someday belong to James.

And James simply isn't giving it back.

He came in averaging 33.8 points in Game 7s, already the best in NBA history, and was even better in this one.

He can't be defended the way he was six years ago, too strong inside and too solid from the outside. He drove Danny Green back like a tackling dummy to convert a three-point play in the second quarter, then knocked down a 3-pointer for the Heat's next score.

Heat fans, criticized over the last two days after many bolted before the finish Tuesday and then tried to force their way back in, weren't going anywhere early in this one. The game was too good.

And there was another celebration to watch.

The Heat had the classic championship hangover through the first few months of this season, too strong to lose at home but not committed enough to win on the road, where they were just 11-11 following a 102-89 loss in Indiana on Feb. 1.

They won in Toronto two nights later on Super Bowl Sunday and didn't lose again until well into March Madness, running off 27 straight victories before falling in Chicago on March 27 and finishing a franchise-best 66-16.

The small-market Spurs have always been a ratings killer, but interest grew throughout this series in their attempt to toppled the champs. Game 6 drew more than 20 million viewers, a total that Game 7 was expected to top.

And the games got better, too. Games 2-5 were all decided by double digits, neither team able to carry its momentum from one game to the next.

This one was back and forth for more than three quarters, with Mario Chalmers' 3-pointer at the buzzer giving Miami a 72-71 lead heading to the final 12 minutes of the season.

Game 6 could have shaken the Spurs, who were so close to holding the trophy that officials were preparing the championship presentation before Miami's rally. The Spurs held a team dinner late that night, figuring the company was better than having to dwell on the defeat alone in their rooms.

The pain of that game or the pressure of this one had little effect on their veterans but brought out a change in their leader, the subject of some rare second-guessing for his rotations near the end of the collapse.

The famously blunt Popovich was in a chatty mood pregame, actually preferring to stay and talk even when there were no more questions, saying the busier he was, the less he'd worry.

"It's torture," he said earlier of Game 7s. "It's hard to appreciate or enjoy torture."

But it sure was beautiful to watch.

The sport's most pressure-packed game had a nervous start, each team making just seven baskets in the first quarter and combining for seven turnovers. The Spurs took an early seven-point lead, but a pair of 3-pointers by Battier during an 8-0 run helped Miami take an 18-16 lead.

The Heat nursed a narrow lead for most of the second quarter, and after San Antonio went ahead in the final minute of the period, James tipped in a miss before Wade knocked down a jumper with 0.8 seconds left to send the Heat to the locker room with a 46-44 edge.

Notes: Home teams are 15-3 in Game 7s of the NBA Finals. ... Miami improved to 5-3 all-time in Game 7s in the postseason and became the fourth team to win the final two games at home since the finals went to a 2-3-2 format in 1985, joining the Lakers in 1988 and 2010, and Houston Rockets in 1994. ... Green was just 1 for 12, going 1 for 6 behind the arc. He started the series by making 25 3s in the first five games, a finals record for an entire series.

___

Follow Brian Mahoney on Twitter: http://www.twitter.com/Briancmahoney

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2013-06-21-NBA%20Finals/id-28f71086403a48f18bed2e66cb1337d9

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Casey Affleck Joins Christopher Nolan's Interstellar

Source: http://www.thehollywoodgossip.com/2013/06/casey-affleck-joins-christopher-nolans-interstellar/

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Family Finance: Tips for buying, selling in today's market - WTOC.com

SAVANNAH, GA (WTOC) -

With mortgage rates rising quickly, many might wonder if now is a good time to buy or sell a home.

U.S. mortgage rates have risen for the sixth straight week, and Laney Barroll Stark, of Barroll and Barroll Realty in Savannah said she's seen interest rates go up half a percent in three weeks. This is a considerable jump in such a short amount of time.

Stark said this is is because the Federal Reserve is sending out signals they plan to slow down bond purchases. This is causing the 10-year treasury rate to go up, which of course, makes mortgage rates go up.

Stark said she believes now is a good time to buy, and urges those who are interested in a particular area to find an agent that specializes in that area.

She also said if you see something, don't waste any time.

"If there is a property out there you think is a gem, don't sit and wait, because if you think it's a gem someone else is going to think it's a gem. I've been in bidding wars in this market, believe it or not."

If you're looking to sell, Stark said if you absolutely don't have to, it might be better to hold off because you could take a loss from the recession. She also urges sellers to price correctly, otherwise you won't make any movement on the home.

Copyright 2013?WTOC. All rights reserved.

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Source: http://www.wtoc.com/story/22637868/family-finance-tips-for-buying-selling-in-todays-market

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'The Voice' Champ Danielle Bradbery Still Isn't Sure She's Actually Famous

'I'm still debating if I'm actually a celebrity,' the 'Voice' champion tells MTV News of her newfound fame.
By James Montgomery, with additional reporting by Natasha Chandel

Source: http://www.mtv.com/news/articles/1709442/the-voice-danielle-bradbery-winner-celebrity.jhtml

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Solar splashdown provide new insights into how young stars grow by sucking up nearby gas

June 20, 2013 ? On June 7, 2011, our Sun erupted, blasting tons of hot plasma into space. Some of that plasma splashed back down onto the Sun's surface, sparking bright flashes of ultraviolet light. This dramatic event may provide new insights into how young stars grow by sucking up nearby gas.

The eruption and subsequent splashdown were observed in spectacular detail by NASA's Solar Dynamics Observatory. This spacecraft watches the Sun 24 hours a day, providing images with better-than-HD resolution. Its Atmospheric Imaging Assembly instrument was designed and developed by researchers at the Harvard-Smithsonian Center for Astrophysics (CfA).

"We're getting beautiful observations of the Sun. And we get such high spatial resolution and high cadence that we can see things that weren't obvious before," says CfA astronomer Paola Testa.

Movies of the June 7th eruption show dark filaments of gas blasting outward from the Sun's lower right. Although the solar plasma appears dark against the Sun's bright surface, it actually glows at a temperature of about 18,000 degrees Fahrenheit. When the blobs of plasma hit the Sun's surface again, they heat up by a factor of 100 to a temperature of almost 2 million degrees F. As a result, those spots brighten in the ultraviolet by a factor of 2 -- 5 over just a few minutes.

The tremendous energy release occurs because the in falling blobs are traveling at high speeds, up to 900,000 miles per hour (400 km/sec). Those speeds are similar to the speeds reached by material falling onto young stars as they grow via accretion. Therefore, observations of this solar eruption provide an "up close" view of what happens on distant stars.

"We often study young stars to learn about our Sun when it was an 'infant.' Now we're doing the reverse and studying our Sun to better understand distant stars," notes Testa.

These new observations, combined with computer modeling, have helped resolve a decade-long argument over how to measure the accretion rates of growing stars. Astronomers calculate how fast a young star is gathering material by observing its brightness at various wavelengths of light, and how that brightness changes over time. However, they got higher estimates from optical and ultraviolet light than from X-rays.

The team discovered that the ultraviolet flashes they observed came from the in falling material itself, not the surrounding solar atmosphere. If the same is true for distant, young stars, then by analyzing the ultraviolet light they emit, we can learn about the material they are accreting.

"By seeing the dark spots on the Sun, we can learn about how young stars accrete material and grow." explains Testa.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_science/~3/0ZGlUd7zKoI/130620162838.htm

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Sony chief says time needed to study proposal

TOKYO (AP) ? Sony Corp. needs more time to study a key proposal from a U.S. hedge fund to spin off a part of its entertainment unit as a way to propel its fledgling revival, the chief executive told shareholders Thursday.

Sony Chief Executive Kazuo Hirai was speaking to a Tokyo hall packed with thousands of investors for an annual general shareholders' meeting, where the proposal from Third Point hedge fund, led by activist investor and billionaire Daniel Loeb, was high on people's minds. It was the first question from the floor.

Hirai reiterated his position that Sony takes the proposal seriously, and it will be discussed by the company board. But he ruled out a quick decision.

"This is an important proposal that will influence the future of Sony," he said. "This will take time, and we are not going to come to a conclusion for the sake of coming to a conclusion."

Loeb has proposed selling up to a 20 percent stake in Sony's relatively healthy movie, TV and music business.

Third Point, one of Sony's top shareholders, said this week it has raised its stake to 6.9 percent from the 6.5 percent Loeb had said the fund owned, when it first made the proposal last month.

Loeb is best known for instigating a mass shake-up at Yahoo Inc.

He is proposing the money raised from selling a part of Sony's entertainment division be used to strengthen its troubled electronics operations.

His proposal was not up for a vote at the nearly two-hour shareholders' meeting, which approved new board members and a proposal on stock options. Sony said more than 10,000 people took part in the meeting.

Some analysts have been advocating changes at Sony, similar to what Loeb has suggested.

Takao Miyake, a retired shareholder who had attended the meeting, agreed.

"I think Sony is caught up in their own ways," he said. "Working with the hedge fund is the only way to survive."

Others were unsure. Takeshi Kawamata, 56, a businessman who owns 100 Sony shares, hadn't heard about the hedge fund proposal before.

"How should we know if we can trust the hedge fund or not?" he said.

Hiroshi Sakai, chief analyst at SMBC Friend Research Center, said that Sony will likely need some time to get used to the idea of letting go of part of its entertainment business.

"I think Third Point understands that as well," said Sakai. "They are just trying to put pressure on Sony."

Tokyo-based Sony has run into hard times in recent years despite a glorious nearly seven-decade history of having pioneered products, such as the Walkman portable player.

Sony, which also makes the PlayStation 3 game machine and Bravia flat-panel TVs, has fallen behind rivals such as Apple Inc. of the U.S. and South Korea's Samsung Electronics Co.

It was also battered by natural disasters in Japan in 2011, as well as an unfavorable currency rate, although that disadvantage has lessened with the yen cheapening in recent months.

The company barely turned a profit for the fiscal year ended March 31, its first in five years.

Hirai, who took office last year, promised a revival at Sony, focusing on smartphones, digital imaging and games, as well as turning around its money-losing TV operations. Sony is also trying to move into new fields such as medical equipment, having set up a joint venture with Olympus Corp.

He said Sony has undergone drastic restructuring under his helm over the last year, an effort that he called unprecedented in company history. He said he was talking frequently with Sony engineers to prevent any brain drain and boost morale. He said he was determined to make sure all products were "fitting of putting S-O-N-Y on them."

"We want people to say that a world without Sony would be no fun at all," he said.

Sony shares, which momentarily rose 1.7 percent, ended virtually unchanged at 2,013 yen in Tokyo trading, down 0.10 percent.

___

Azusa Uchikura contributed to this report. Follow Yuri Kageyama on Twitter at www.twitter.com/yurikageyama

Follow Uchikura on Twitter at www.twitter.com/auchikura

Source: http://news.yahoo.com/sony-chief-says-time-needed-study-proposal-024639342.html

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Madoff trustee cannot sue big banks, U.S. court rules

By Jonathan Stempel

NEW YORK (Reuters) - The trustee seeking money for Bernard Madoff's victims suffered a big defeat as a federal appeals court rejected his bid to recover nearly $30 billion from JPMorgan Chase & Co. and other banks he accused of aiding in the swindler's fraud.

The 2nd U.S. Circuit Court of Appeals in New York said on Thursday trustee Irving Picard lacked standing to pursue a variety of claims on behalf of former Madoff customers.

It also said that because Picard "stands in the shoes" of the former Bernard L. Madoff Investment Securities LLC, he could not pursue other claims on behalf of the firm's bankruptcy estate over a fraud that the firm itself orchestrated.

Thursday's 3-0 decision, written by Chief Judge Dennis Jacobs, is a victory for JPMorgan, which had been Madoff's main bank, as well as Britain's HSBC Holdings Plc, Italy's UniCredit SpA and Switzerland's UBS AG.

Unless Picard successfully appeals, it also limits how much he will have to distribute to victims of Madoff's Ponzi scheme once the recovery process is complete. That process began soon after Madoff's December 11, 2008 arrest, and may last years more.

According to his website, Picard has so far recovered $9.35 billion, slightly more than half of the $17.3 billion of customer principal he has said was lost.

Amanda Remus, a spokeswoman for Picard, said the trustee is reviewing the decision and is still pursuing more than $4 billion of separate claims against bank defendants in the federal bankruptcy court in Manhattan.

Picard is a partner at the law firm Baker & Hostetler.

"RED FLAGS"

Thursday's decision upheld rulings by U.S. District Judges Colleen McMahon and Jed Rakoff in Manhattan, which the 2nd Circuit called "well-reasoned."

Those rulings dismissed roughly $19 billion of claims against JPMorgan, $8.6 billion of claims against defendants including HSBC and UniCredit, and $2 billion of claims against UBS and many other defendants, the 2nd Circuit said.

Picard had argued that the banks ignored "red flags" of fraud, often to win more fees and commissions for services they provided to Madoff and his firm, and should pay their "fair share" to cover victims' losses.

JPMorgan spokesman Joseph Evangelisti had no immediate comment. HSBC spokesman Rob Sherman did not immediately respond to requests for comment.

UBS spokeswoman Karina Byrne said the bank is pleased with the decision. Marco Schnabl, a partner at Skadden, Arps, Slate, Meagher & Flom representing UniCredit, said he is pleased with the decision.

"EQUITY HAS ITS LIMITS"

Citing a legal doctrine known as "in pari delicto," Jacobs said Picard could not assert claims on the firm's behalf to recover for fraud caused by the firm itself.

He also said the federal Securities Investor Protection Act, which helps protect customers of failed brokerages, does not let Picard assert a variety of claims on their behalf.

The 2nd Circuit also set aside Picard's contention that giving him greater power would reduce the chance of "windfalls" for Madoff's enablers and increase recoveries for victims.

"No doubt, there are advantages to the course Picard wants to follow," Jacobs wrote. "But equity has its limits; it may fill certain gaps in a statute, but it should not be used to enlarge substantive rights and powers."

The judge added in a footnote that "it is not obvious why customers cannot bring their own suits" against the banks.

Picard has filed more than 1,000 lawsuits against banks and other defendants to recover more than $103 billion, a sum inflated by triple damages on some claims.

Madoff, 75, pleaded guilty in March 2009 and is serving a 150-year sentence in a North Carolina federal prison.

Prosecutors have estimated his Ponzi scheme was valued at $64.8 billion, reflecting amounts customers supposedly held at his firm prior to his arrest.

The cases are In re: Bernard L. Madoff Investment Securities LLC, 2nd U.S. Circuit Court of Appeals, Nos. 11-5044, 11-5051, 11-5175 and 11-5207.

(Reporting by Jonathan Stempel; Editing by John Wallace and Dan Grebler)

Source: http://news.yahoo.com/madoff-trustee-loses-appeal-over-bank-claims-154736118.html

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The Mac Pro Recaptures the Spirit of Classic Workstations of Yore

Early computers were bland beige boxes?meant to blend in with whatever workspace they were placed on. But during the golden age of the super-powerful workstation, designers got wild with form factors and materials that oozed with confidence and no small amount of sass. In some ways, the new Mac Pro returns to that era?and here?s a speculative rendering to prove it.

With this image, designer Martin Hajek draws a literal comparison between the Mac Pro and three supercomputers of yore. On the left, we have Mac Pro rendered as a SGI Fuel, a machine that sold for almost $12,000 in 2005. In the middle, the darling of the science world?a 1994 Sun SparcStation 5, whose pizza-box chassis made it a stand-out at the time. On the right? That?s a Mac Pro dressed up as a SGI Octane, one of the first workstations that boasted a colorful, curving shell.

It?s a fun comparison?and while it?s entirely speculative, it?s interesting to frame the new Mac Pro as a return to sculptural, iconic form factors of the 1990s and early 00s. For the past few years, we?ve seen Apple?s workstations grow more and more powerful, while their designs grew more and more sparse and minimal. Mac Pro is a fantastic departure from that?it literally gleams with confidence and machismo.

The SGI Fuel.

Sun SparcStation 5,

The SGI Octane image via Flickr.

Source: http://gizmodo.com/the-mac-pro-recaptures-the-spirit-of-classic-workstatio-520874890

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Heartless Miranda back in "Devil Wears Prada" sequel

By Paul Casciato

LONDON (Reuters) - Terrifying magazine editor Miranda Priestly returns to loom over former intern Andy Sachs a decade later in Lauren Weisberger's sequel to her best-selling debut novel "The Devil Wears Prada".

Weisberger, now married and a mother, brings us up to date with Andy, her former nemesis Emily at Runway magazine and the cynical Miranda in a new novel where most of the characters have evolved as adults, with the exception of Andy's former boss.

The 36-year-old U.S. author, whose 2003 novel was turned into a hit film starring Meryl Streep as the withering Miranda and Anne Hathaway as the naive Andy, told Reuters that 10 years gave her time to reinvent a back-story for characters inspired by her experiences as Vogue Editor Anna Wintour's assistant.

"I was really curious to check back in to see what Andy and the crew were up to," Weisberger said.

In the 10 years since the first novel spent a year on the New York Times Bestseller List, Andy has become successful, married, a mother and is on top of the world as the editor of a bridal magazine that allows her to travel and write.

Enter the dragon Miranda, who returns to loom over Andy's bright new life and threatens to make a mockery of all her efforts to escape the horrendous world of Runway magazine.

"She (Andy) is reunited with her old nemesis Emily and Miranda comes back to haunt her," Weisberger said.

The author, who has written three other books in the intervening decade, said she didn't know whether film fans would be treated to a silver screen return for Streep and Hathaway, but her fingers were crossed.

"I'm hopeful that they'll make another movie," she said. "They already own all the characters."

The 2006 original, directed by David Frankel and distributed by Fox, was nominated for two Oscars and earned $326.5 million worldwide, according box office tracking site boxofficemojo.com.

Despite her own success and a newfound respect for the effort and sacrifices needed to gain the trappings of achievement, Weisberger has not seen fit to paint a softer more understanding picture of Miranda in her latest novel.

"I would say that of all the characters, Miranda has evolved the least," she said.

So has she any compassion for Miranda even now?

"I can't because one of the things I believe in is that it's possible to be successful and nice."

(Reporting by Paul Casciato; Editing by Michael Roddy)

Source: http://news.yahoo.com/heartless-miranda-back-devil-wears-prada-sequel-183328625.html

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