September 2012
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Technology has contributed to the betterment of human lifestyle over a period of time. Our cover story covers a brief about ten techies who have taken technology to a whole new level. These stalwarts of technology have made sure that their contribution made an everlasting impact on people’s minds. Creativity is serious business, as we all know. The tech biggies, however, made it seem like cakewalk. The mundane never appealed to them and the best never satisfied them. Their constant quest for excellence led them to defy commonplace standards, and set their own. . These people marched to a different tune altogether, and altered the course of technological history in a manner that was never imagined. Let us take a look at the very best brains in the world of technology. We have show our appreciation towards the researchers who done a commendable job in the field renewable energy. An interesting read about energy generated from Algae. All this and more‌ Regards,
Carrie Ann Editor-in-Chief,
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September 2012 FEATURES
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Contents
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Apple bits Microsoft records with $623 value Market value of $623 billion made Apple the most valuable company in the world; It beats Microsoft’s record Data shows that ...
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Techies Who Made It to the Top Innovation is not an easy thing to achieve. It takes brains, smarts and just the right amount of creativity. ... Read More...
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MGM Plans to open casino in Springfield, MA MGM Resort International, one of casino giants, will reveal its plans for an $800 million gambling resort, entertainment complex and housing development....
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Contents
Success Stories
REGULARS
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Latest in Business
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Leader Talk
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The WOW ! Quotient
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Mergers & More
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Larger Than Life
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Centrica is a top 30 FTSE100 company. Its vision is to be the leading integrated energy company in chosen markets in the UK and North America....
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Industry Events & Tradeshows
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CENTRICA - Natural Gas is their business
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LANCIA - Luxury liberated Lancia was founded in Turin by Vincenzo Lancia and his friend Claudio Fogolin in 1906, both being Fiat racing drivers, as Lancia & C....
Success Stories 114
Little Palms Island Resort Luxury Redefined Do your dreams take you to a place where the sea dazzles in the lateafternoon sun, and the ...
Head-Space
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He who has never learned to obey cannot be a good commander.
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-Aristotle
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Apple users and admirers rejoice, iPhone5 release date coming closer An iPhone5 release is said to be coming soon according to some sources. However there is no official information about the iPhone5 launch; it is said that probably the iPhone5 release will take place on 12th of September.
iPhone5 to be launched in September To date Apple, the producer of iPhone, has not made an official announcement on the iPhone5 launch. The speculation on the iPhone5 launch has been circulating in �technological spheres� especially the ones with Apple users. IPhone5 release dates differ from each other. According to some sourc-
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es, iPhone5 release date will take place on 12th September. Moreover the production of a new iPhone5 is said to have already started. The fresh gadget should ship around September 21. Although sources cannot be revealed, some analysts are convinced that the piece of information regarding the iPhone5 launch is quite reliable and the September 12 is likely to be correct. But if you are from Europe and wish to buy iPhone5, you will have to wait till October. Financial results recently published by Taiwanese suppliers are said to be an evidence of the upcoming iPhone5 launch. Companies such as Wintek and Largan informed that more than half of their revenues comes from sales of Apple products and their consumers are likely to buy iPhone5.
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Latest In
- Anna Domanska
Facebook director Peter Thiel sells off most of his shares as lock-up ends Facebook Inc. director Peter Thiel sold most of his shares in the social-media giant last week. As it was stated in a regulatory filing, he had earned roughly $400 million on selling his stake, bringing his proceeds to approximately $1 billion.
A small fortune in Thiel pocket According to the filing by the U.S. Securities & Exchange Commission, Peter Thiel, who is one of Facebook’s early investor, sold approximately 20.1 million shares of the social platform last week, earning $395.8 million. Data shows that Facebook director earned $640.1 million in sales during the initial public offering. Peter Thiel sold his shares
on Thursday & Friday when the average price of a single share ranged from $19.27 and $20.69. One week ago the first lock-up expired and both early investors and some of insiders were able to sell their stake. Data included in the filing shows that the $20 million shares, sold by Thiel, were conducted as a part of a trading plan that Thiel entered in the middle of May.As an early investor Thiel still owns almost 5.6 million shares of Facebook. Peter Thiel was a co-founder of PayPal Inc. and the co-owner of Clarium Capital Management LLC. which invested in startups. Then Peter Thiel invested $500,000. He also joined a $25 million funding round in 2006 when the worth of Facebook was valued at $500 million.
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Apple Inc. claims billions as damage in the Samsung patent case According to reports released late on Tuesday, Apple Inc. has claimed that they are entitled to about 2.525 billion dollars as damage in their battle of high stakes against Samsung Electronics Co. The dispute has been over patents for the technologies that are used in the tablets and the smart phones, such as the iPad or the iPhone.
The Dual: The estimate of value was revealed early on Tuesday in a court filing, just six days ahead of a jury trial of the largest consumer electronics companies of the world that is scheduled to be held on the 30th of July.
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The trial is due at San Jose, California before Lucy Koh, the District Judge of US. Apple Inc. had earlier accused Samsung of infringing its patents by making their popular computer tablets and Galaxy phones look and work much alike some of the products of Apple Inc. This had enabled the South Korea based company to overtake Apple Inc. as the world’s biggest maker of smart phones. Samsung Electronics on the other hand countered this accusation by stating that the products developed by them are unique in themselves and pose serious competition to Apple who actually owes money for the usage of its patented technology.
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Latest In Unilever Nabs a Spot at Top Food Table in Europe Unilever has finally managed to grab a spot at the top table in Europe after remaining idle for a long time unlike other food groups. Stakeholders are quite impressed with the group for producing dependable results. Even though investor preference, Nestle, still continues to exercise its hold over the market, the Anglo-Dutch company has managed to boost its profitability up to an extent that it has now overtaken Danone, the French group on that score and the business’s shares are now traded at a ratio to earnings almost equal to its Swiss competitor.
Effective Changes Paul Polman, the marathon-running CEO, began to consider long-term operations when he was handed the reins of the company almost 3-1/2 years ago, instead of focusing his attention on economic goals that had not been suitable for development. Unilever chose to direct its investment emphasis or definite international brands like Omo detergent, Lipton Tea and Ben and Jerry’s Ice Cream. This move resulted in their entering fast developing budding markets while introducing new products at the same time. Their brand valuation now stands nearly close to the biggest food group in the world with respect to sales, Nestle.
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Newcrest plans to spend A$5 billion to increase gold output Australia’s Newcrest Mining Ltd. has informed that it will probably spend A$5 billion in the next 5 years to increase gold output by 1 million ounces. Although the company, which has mines in Australia, Papua New Guinea and Indonesia, reported a growth in the full-year profit, its officials highlighted the uncertainty of the global community market.
Newcrest financial results The Newcrest’s full-year profit has increased 23 percent due to gold price rise. Accordingly, the company’s officials reported a net profit of $1.117 billion for the year to June, up from $908 million in a previous corre-
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sponding period. The Newcrest’s revenue went up 8 percent to $4.4 billion. Both the company’s net profit and underlying profit of $1.08 billion broke the record. The Newcrest’s financial results have noted a significant lift mainly because of the instability in global currencies. The instability encouraged investors to plow in gold. Even though the Newcrest, the world’s number 3 gold miner, produced 2.29 million ounces of gold in the year to June, which is a 10 percent decrease compared to last year’s results, company’s officials are convinced that the production of 2012/2013 financial year will amount from 2.3 million to 2.5 million ounces.
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Latest In OnLive announces essential restructuring of the company OnLive, the streaming firm, has announced a restructuring of the company due to ongoing financial problems. As it is said, the company had gone through a kind a bankruptcy. However OnLive declared that the company would continue operating under its own name and all the services would “continue without interruption”. The OnLive’s announcement was made after days of speculation on possible bankruptcy preparation as all company’s employee were fired. It was also confirmed that company assets had been sold to an anonymous buyer. So the essential restructuring of the company would go under an “Assignment for the Benefit of Creditors” as alternative to bankruptcy, according to OnLive’s announcement.
Details of the OnLive’s restructuring According to OnLive’s announcement, company’s shareholders lost their stakes and its employees were fired as a part of the contract – Assignment for the Benefit of Creditors. Among those, who lost their shares, are former company’s workers and a founder of the firm, Steve Perlman. However the recently created company, which purchased OnLive’s assets, will continue working under OnLive’s name. Moreover, as it has been stated, the new company will offer the same services and half of fired OnLive’s employees have been offered jobs.
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Top 10 Business Leaders of All Times - Patrick Alain
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An organization can never be expected to run smoothly; politics, scandals and blame games are part and parcel of the industry. So, it is the duty of a leader to display a strong sense of leadership to make sure that operations are carried out within the corporation with as little hiccups as possible. Industry Leaders Magazine
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Qualities of Successful Leaders in the World of Business A leader is almost like the glue that binds any company together. Most people tend to believe that the primary attribute of any successful leader happens to be their capacity to inspire and motivate others. However, there is a sharp difference between professionals who are just managers, compared to those who possess the ability to lead. Capable business leaders have the ability to communicate with the rest of the people, clearly and effectively. They can adapt their style of communication according to the audience but are known mostly for their brief and honest speeches. They also display a tendency to focus not on the problem but rather the solution. They are always working towards a swift & practical solution for any sort of problem.
Every successful leader needs to have a clear vision of sorts in order to inspire creativity and work towards the purpose of the common goal. 20
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A good leader needs to command respect from others. Indulging in any form of deceptive behaviour is not expected from a good leader. People should be able to trust him or her. A proficient leader must take interest in the people working with him or her. There needs to be genuine concern about them. Again, maintaining a show of optimism is essential for every good leader to help themselves and their people tide over any crisis affecting the corporate world. Here’s a list of some successful business leaders, who have succeeded in making their cut and thereby rise above others.
• Nadja Swarovski – Crystal in the Rough The great great grand daughter of the founder of the world famous crystal company, Swarovski, Nadja has managed to help the brand soar to newfound heights. Through a heady blend of glamour and clever marketing strategy, she has persistently brought Brand Swarovski into the spotlight of the fashion and celebrity world.
All the crystal studded gowns seen at the Hollywood red carpet events make use of Swarovski crystals. This is mostly owing to Nadja’s business agreements with famous designers like Zac Posen and Alexander McQueen to embellish their clothes with crystal. Nadja has also been known to collaborate frequently with renowned artists, supplying them with crystal to produce everything from handbags to chandeliers, followed by the display of their work at grand art shows and gala events. No wonder sales of the company have managed to increase by almost three times under her direction.
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• Larry Page - Google Him It is believed that the success of any business person can be gauged by the number of crises the company has weathered under his control. This is, no doubt, extremely true for Larry Page, the founder of Google. This is a man who has the ability to thrive in the face of any challenge. Both Larry and his brainchild
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have faced a lot of criticism from different quarters but, in contrast, have also received a great amount of praise and recognition throughout the years for the actions of the company. But in spite of all this, he has at no point let how others perceive him, sway his course of action regarding what he consider best for the corporation. With Google now seeking to expand into other industries, Larry Page is surely a corporate tour de force to reckon with.
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• Anne Mulcahy – Lifeline of Xerox Anne Mulcahy was successful in resolving the situation when her company was in the middle of an economic crunch. She was one of these rare individuals who never aimed to take over the role of CEO. But she did not shy away from seizing the chance to lead when she happened to get elected by the board of Xerox, way back in the year 2001. At the time of her tenure, she was asked to cut
down the workforce of the company by about 30%. She resolutely carried this out and later even managed to remove the entire desktop half of Xerox. Forbes was proud to put her on their annual list of the world’s most influential women not once, but twice – in 2005 and then again in 2009. She also has the distinction of being named CEO of the Year in 2008 by Chief Executive Magazine for her steadfast execution against adversity. World Report also acknowledged her as one of America’s Best Leaders.
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• Sir Richard Branson – Virgin Leader Sir Richard Branson is a man of many accomplishments. It is not everyday that you see a man who is in change of over 400 companies and is valued
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at billions of dollars, but that is exactly who he is. Surely, he must be doing something the right way! Both his personal brand and his tenacity have been admired for many years. Virgin Mobiles and Virgin Airlines have also added to the popularity of the brand.
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• Indra Nooyi – Making PepsiCo a Global Brand Indra Nooyi was on the list of Forbes 100 Most Powerful Women. That should be enough to understand just how much of a hold she has over the business world. Not only did she manage to lead her company to record monetary results but is also determined to shift the focus of the company towards a healthier direc-
tion. In order to achieve this, she has led the charge to dispose of the more accepted fast food properties and to introduce health food initiatives in their place. Deeply involved and committed in her role as senior executive, she is also a fun-loving woman as well. She was the lead guitarist for an all-woman rock group while in college. She is also known for her love of karaoke and enjoys performing at corporate get-togethers even today.
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• Howard Schultz – Making Sure You Get Your Morning Cup o’ Coffee Howard Schultz’s journey in life was not an easy one. However, he made the most of it and is now reaping the rewards. Brought up in a poor Bronx family, he
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got an athletic scholarship and gradually worked his way to being the head of Starbucks. He is a shining example of courage and the capacity to make the American dream come true. In spite of his success, he has continued his winning streak by actively investing in many other business ventures, including eBay.
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• Tim Cook – Continuing the Apple Tradition It was never easy living in Steve Jobs’ shadow. But, after Jobs passed away, Cook took hold of the reins and so far he
has done a commendable job. Instead of trying to keep up with the consumercentric innovations headed by Jobs, Tim Cook is carrying Apple into the future with his own novel advances, like the newest inventory management processes from Apple.
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• Chad Hurley, Jawad Karim and Steve Chen – The Terrible YouTube Trio Business Week considered these YouTube co-founders to be the best leaders of 2008. These three individuals showed to the world how a great company can
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be built while treating employees in a humane manner, how to better the dysfunctional cultures usually seen in a corporate setting, develop strategic possibilities and revitalize brands faced with a slump. Their bold acquisitions and unexpected decisions continue to surprise us.
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• Jeff Bezos – Internet Pioneer Jeff Bezos managed to break new ground in the world of online commerce. He was responsible for introducing the concept of predictive analysis which recommends items to consumers based
on their buying patterns and history. In spite of having a lot of critics, this idea has managed to rake in a lot of profit for the online commerce platform. Altogether, he is the one who made online shopping a much more enjoyable experience all through the world.
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• Bill Gates – Big Daddy of Microsoft Technology has been the most preferred industry for more the past two decades. Bill Gates is a classic example of why that is so. Even after the last quartercentury, he still manages to combine entrepreneurial vision, productive energy, leadership skills and philanthropic activities together to make the company
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a better one. Microsoft is still one of the most powerful companies in the world and Bill Gates, in contrast, is one of the most famous philanthropists. It is always refreshing to see men and women in society who exemplify the qualities necessary to become a great leader. These individuals have managed to lead by example, letting their actions speak for themselves.
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Al
A New Hop
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The
lgae
pe for Future!
- Richard Meryn
The world’s dependency on fossil fuels is well-known, so even talking about it for some can be a boilerplate conversation! Yet few years ago researchers, who were seeking a source that could decrease the world’s dependency on fossil fuels, found a possible solution. Microscopic green algae, which had been found more than 60 years ago, have been said to be the answer and solution to our (human!) dependency on fossil fuels. Green algae are known as Chlamydomonas reinhardtii, to regular people are known as pond scum. Industry Leaders Magazine
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The discovery of algae was made 60 years ago while trying to split water into hydrogen and oxygen under controlled conditions. These days many laboratories have been trying to get to know details how to use algae in the process of producing energy and to commercialize its production.
Algae a simple form of life Algae are a simple form of plant life and as such it needs the same kind of inputs as other forms of plant life. Those inputs include sources of carbon, hydrogen, oxygen to from carbohydrates; in addition, nitrogen is needed to form amino acids. Also the sunlight is essential because plants use photosynthesis
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to grow. All those aforementioned elements are needed to grow algae so that they could become renewable energy source. The potential of algae is undeniable. According to data, traditional oilseed crops, which produce 10 to 100 gallons of oil per acre, compared to 1,000 to 5,000 gallons of oil per acre produced by algae or mega oil producers. And what is more, the oil collected from algae has very similar chemical qualities to crop oils. Moreover it can be converted to renewable fuel by using existing technology. And algae, what is the most important, can grow in nonpotable and saline water so nonproductive lands might be use for the culture of algae!
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Fritz Prinz, a scientist from Stanford University, has highlighted that we are able to generate an electrical current from algae. However, to be able to extract and collect energy from algae, the cells must be jump-started by applying an over voltage!
The discovery of algae The phenomenal potential of algae, which could be used as microscopic power plants, was discovered by Hans Gaffron. The scientist, who escaped from Nazi Germany and joined the University of Chicago in the 30’s of the twentieth century, observed in 1939 that algae would sometimes switch from producing oxygen to instead creating hydrogen only for a short period of time. Despite the discovery, reasons of the switch were still unknown at the time.
For roughly 60 years, researchers and scientists were not able to use the power potential of algae! It was Tasios Melis, professor at Berkley, along with researchers from the National Renewable Energy Lab who discovered depriving the algae of sulfur and oxygen would enable it to create hydrogen for continual periods of time. Tasios Melis learned that algae must eventually be supplied sulfur to survive, yet he was able to repeatedly switch hydrogen production on and off by shifting the algae’s environment. As a result of his discovery Tasios Melis decided to launch a company, Melis Energy, in 2001 to commercialize a technique that uses algae’s ability to turn sunlight into hydrogen. Later in 2001 Melis Energy built a bioreactor contain-
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The ing 500 liters of water and algae that could produce up to 1 liter of hydrogen per hour. The extracted hydrogen has been stored in its gaseous state.
Jonathan Trent a new hope for algae production. Project OMEGA Jonathan Trent is currently working on a plan to grow new biofuel by farming micro-algae in floating offshore pods that eat wastewater from cities. His team created Project OMEGA, Offshore Membrane Enclosures for Growing Algae, which shows the future of algae’s power. Jonathan Trent grows algae for biofuel, but he aims to do it by cleansing wastewater and trapping carbon dioxide in the process. His idea is so green! Jonathan Trent’s technology intends to reuse the wastewater of coastal cities that is currently piped out and disposed into the seas. Algae, which are fueled by the sun and carbon dioxide from the atmosphere, eat the waste as well as generate oils that can be converted to fuel. And one more very important thing! OMEGA does not threaten the world’s food supply unlike other technologies and cultures including growing corn for ethanol. The OMEGA system, introduced by Jonathan Trent, is currently being investigated by NASA as a possible way to produce aviation fuel! It is publicly known that replacing fossil fuels will result in reducing green house gasses, decreasing ocean acidification as well as providing the energy security. NASA’s OMEGA program also aims at researching the technical
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feasibility of a floating algae cultivation system and preparing the way for commercial applications as well. Up to date researchers have proved that OMEGA system is an effective mode to grow microalgae and treat wastewater, however, on a small scale.
Obstacles to the algae’s production It cannot be denied that steps have
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been made toward the algae’s production, but it still remains a challenge. Algae are known to grow in shallow ponds or bioreactors where they use photosynthesis to raise, reproduce and generate oil as well. Therefore advancements are essential to optimize the supply of light, CO2 as well as nutrients to algae. In addition, harvesting algae from water is demanding because of their small size and the tendency to plug filters. Also research is being conducted to
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The learn ways how to more efficiently collect oil as well as algae solid from their waterborne state. But the technology is not the only challenge facing algae’s production in the renewable fuels and energy industry, economics are also said to be an obstacle. The price of feedstock makes up the largest cost of production and can contribute approximately 80 percent to 90 percent of the final fuel
price, according to data. However analysts hope that algae will have the ability to generate oil at a price competitive with petroleum oil at $1 to $2 a gallon. Yet advancements need to be demonstrated as well as additional qualities of algae have to be utilized. As it has been highlighted, other characteristics of algae, which can generate in nutrients or pharmaceuticals, are expected to aid in the economic viability of algae itself.
Raising hopes for algae The world of science and business is bursting with hope for algae, however, we should avoid the overwhelming and irrational enthusiasm that have plagued past technologies. Although many look at algae as the renewable source of energy that could help the world population fight with global warming, green house effect, increasing pollution, not to mention that algae are said to be also an answer to how we can provide energy security and decrease the energy dependence from other sources, algae may become a source of energy in the not so near future so we should keep that in mind! It is true that algae hold a great promise of energy resource; yet first it has to be developed correctly if we want to use algae as a sustainable biomass source for both energy and fuels as well. It is believed that it might take years to produce meaningful quantities and, moreover, the development of algae energy should be conducted with prudence so that ecosystem would not be affected by the production in any way. Energy experts are convinced that world will eventually have to switch to hydrogen economy, where energy will be inexpensive and nonpolluting. Algae energy is a chance for that!
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Innovation is not an easy thing to achieve. It takes brains, smarts and just the right amount of creativity. However, there are people make it all seem like cakewalk. These gifted individuals are never satisfied by the mundane nor do they accept what the best has to offer.
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They had a unique vision and set about to make them a reality. Their never-ending quest for excellence gave them the ability to defy the standard conventions and chart new courses on their own.
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Technology has always been developed with the sole purpose of bettering the ways of life of humans over the course of time. There were a number of pioneers in the field of technology who made sure that their contribution was able to leave an everlasting effect on the minds of the people. These individuals stood out from the average group of people since they had a zeal for accomplishing
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For them, achievement was never considered in terms of how big their bank balance was; rather, they wanted to acquire their own place in the annals of history and be remembered through their accomplishments. These humble people wanted their inventions to hog all of the spotlight rather than the creators. Most of these famous techies are proud of their humble beginnings as they claim that it helped shape them into the persons they are today.
• Steve Jobs and Steve Wozniak – An Apple a Day Keeps the Geeks Happy Together, these two gentlemen are to be held responsible for causing a revolution in the way in which the world regards technology. At first sight, both the Steves looked like your run of the mill dropout geeks. Jobs’ garage located in Los Altos, California was the birth place of the universally acclaimed iDevices. While one of the Steves, Jobs in this case, was always credited for his unparalleled creative genius, the “other Steve”, Steve Wozniak, brought into the equation his unmatched technical skills. Both these men started Apple from scratch and the efforts were well worth the end results.
things that people like you and me would never even think of. They followed a system of perceiving things from a different angle. Their hard work and attention to even the smallest of details is what resulted in them rising to the status of legends in the field at the moment.
The only thing they had going in their favour was the capacity to think in a unique manner. Steve Jobs, the chairman, co-founder and CEO of Apple Inc. – all rolled into one – was nothing short of a legend. He was a through perfectionist and expected all the employees at Apple to match the tough standards set by him. He has often been criticised for his habit of nitpicking but that’s owing to the fact that he happened to be one of the most capable CEOs ever seen in the industry. Steve Jobs was a whirlwind of creative ideas and applications.
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This is evident from the US patents or patent applications, more than 300 in number, which are credited to him. He was not shy to take risks and was quite business savvy too. Known for his iconic black turtlenecks, the man succumbed to cancer in the month of October, last year. However, the legacy of devices he leaves behind will, no doubt, be cherished for generations to come. They have, after all, the distinction of being some of the most beautiful gadgets ever produced. The iPods, iPads, iPhones and the Macintosh are all indications of his long standing association with the path of Zen Buddhism. Steve Wozniak, lovingly known as Woz, was Jobs’ partner and co-founder of Apple. He is said to be in charge of producing the Apple I and Apple II computers way back in the 70s decade. This well-known individual no longer holds a full time position at Apple Inc. but is still a shareholder and staff member of the corporation.
• Bill Gates – Head of Microsoft The tech field has consistently remained one of the most preferred industries for well over a decade or two and Bill Gates has had a big role to play in making sure that the situation turns out in favour of the technology.
The founder of Microsoft Corp., Bill Gates, has been elevated from the legion of supergeeks to the pantheon of the demi-gods of technology.
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Holding the title of the richest man in the world is no mean feat but that is exactly what this living legend has been able to achieve not once, but for twelve straight years – from 1995 to 2007. He is presently the second richest individual. Functioning now as the company’s non-executive chairman, he is in possession of 8 percent of Microsoft stocks. In spite of being in the business for well over the last quarter of a century, he still manages to find ways to improve the position of the company by combining productive energy, leadership qualities and his unique vision. Microsoft is,
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without a doubt, one of the most powerful international companies even today but Gates along with his spouse, Melinda, have adopted philanthropy as their main focus over the course of time. He is renowned for his philanthropic activities and recently vowed to donate at least half of their entire fortune to charity.
• Mark Zuckerberg – The Man behind Facebook Zuckerberg, a Harvard alumnus, almost changed the entire landscape of
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the internet with the help of his fellow roommate, Dustin Moskovitz, when he introduced Facebook to the world. In a single move, he transformed the purpose of the internet from one of a place where people went to gather information to one where they went to get to know each other better. Facebook offered the virtual world the impetus to focus on humanity, the real world a new means of forging interpersonal connections and turned Zuckerberg into a phenomenon for the new generation. It didn’t hurt that he also garnered the spot as the second youngest billionaire in the world. Facebook became “the” social network
since Zuckerberg did not deviate from his vision and chose to focus his attention on building a community instead of a simple exit strategy.
• Time Berners-Lee – Get Caught Up in the Web Berners-Lee, a British computer scientist and physicist, came up with the World Wide Web about 20 years ago, which happened to be the very first web browser and the earliest web server. Everything that people are able to do online nowadays from browsing the
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Internet to accessing web pages is possible because of this man.
• Evan Williams – Double Dose Not many people outside the tech community have heard of this man. However, this college drop-out is the one whom you should be thanking for establishing two major communication technologies that had a profound on the Internet – Twitter and Blogger. Though he is no longer a part of Twitter, his work continues to remind everyone of his genius.
• Jeffrey Bezos – Shopping Online…Now an Experience The experience of shopping online would no longer remain the same after this graduate from Princeton began amazon. com from his Seattle garage in the year 1994. What started off as an online seller of books soon turned into a seller of practically everything. Amazon not only made him into a billionaire but also gave him the chance to bag Time magazine’s coveted Person of the Year spot in 1999.
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• Larry Page and Sergey Brin – Making Search Engines Fun Internet giant Google Inc. began in 1998 by Larry Page and Sergey Brin who ran the website from the back of rented garage. The co-founders worked hard on their dream project which yielded unexpected rewards.
Twelve years later, Google now stands as the biggest media corporation in the world.
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• Shigeru Miyamoto – Launch the Gaming Revolution Shigeru Miyamoto happens to be game designer from Japan who is brain behind classic gaming titles Super Mario Bros., Legend of Zelda Star Fox.
the the like and
• Alex Rigopulos and Eran Egozy – Rock the Tech World Alex Rigopulos and Eran Egozy are the twin creators behind the bestselling
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multi-platform games, Guitar Hero and Rock Band. They have taken it upon themselves to change not only the face of the gaming industry but also the music industry. According to them, Rock Band will be one of the means of children stumbling upon music in the future.
• Akio Morita – Discover Sony Akio Morita, who happened to be a former officer of the navy, distanced himself from his family business to co-found the Sony Corporation way back in the year 1946. It was under his watchful leadership that the majority of Sony’s
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revolutionary products like tape recorders, pocket-sized radio players, magnetic tapes, the Walkman and the Discman were produced. Through their passion, discipline and the firm faith they had in themselves, these
individuals were able to change the path of technological history in a way which was not only unimaginable earlier, but would have an unprecedented impact on the world.
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Investors Supported
Youku and Tudou Video Firms’ Merger.
Uncertainty Ends. - Jason Miller
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he completion of a merger of Youku Inc. and Tudou Holdings Ltd. was announced on 24th of August. Two of the most successful online video firms in China had managed to get the approval of their stakeholders regarding their online video companies’ merger plan which aimed at establishing one of the biggest industry leaders of online video firms in the country. aIndustry Leaders Magazine
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The online video market in China, which is the biggest in the world, is fragmented but the merger brings the consolidation closer.
The Youku’s and Tudou’s merger is said to take control of roughly half of the online video market in China, to which western portals such as YouTube do not have an access. Youku and Tudou, which had had an intense rivalry period, decided to join their
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forces and become the most important player on the online video market. However it was made clear that the newly created company would be known as Youku Tudou, and shareholders in Youku would own 71.5 percent, while Tudou 28.5 percent considerably. The merged company is said to control as much as 49 percent of the online video market in China, with the next-biggest company Xunlei which controls only 11,3 percent. The Chinese merger plan between the largest online video firms, Tudou and Youku, announced back in March of this year, saw Youku taking over Tudou, one of its rival online video firms in China, by means of a stock exchange agreement which is currently estimated around £640 million or $1 billion. Both companies have experienced considerable amount of loss due to increas-
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ing costs associated with obtaining and streaming video content. The online video firms merger plan is likely to result in a larger market share while cutting costs at the same time. Moreover analysts are convinced that the merger will trigger more mergers and acquisitions in the sector.
Outcome of the Merger The combined operation is believed to assist companies with reducing costs in areas like bandwidth, server purchases and copyrights. Some projections indicate that the Chinese merger plan may provide both companies with the opportunity of saving between $50 million to $60 million over the course of the next 18 months. Not only that but the joint venture is projected to offer a market share of over 35% which will lead to the organization possessing a greater amount of bargaining power with pro-
spective promoters. According to other sources the combined entity will have share of 49 percent in the online video market in China. The move should be able to help improve their profits and moderate their losses. The Youku video company, at the beginning of this month, reported a total loss of more than 62.8 million yuan for the April to June period, which is roughly equivalent to ÂŁ6.3 million or $9.9 million. The net loss of the company during the same time span last year was only 28.1 million yuan. On the other hand, according to Tudou, its combined loss for the second quarter expanded to 154.7 million yuan, compared with a loss of 78.9 million yuan for the duration of the same period last year. Financial results of both companies were not satisfying. However Liu Dele, President of Youku, said that the merger will
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likely to turn around companies’, Youku’s and Tudou’s, fortune and help them to expand at the same time. He added that the more quickly they achieved synergies, the faster they would be able to break even. As it was stated by him,
“The faster we achieve synergies, the quicker we can break even.” The merger will likely to help to reduce content licensing and network costs as well. Moreover it will probably generate savings valued at $60 million each year. However companies had informed that they would pool resource in data analysis, advertising and media, but, on the other hand, they would keep their products as well as original content separate.
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The merger will mainly focus on integrating their business to avoid broadcasting the same videos. In addition, original content, features and programs will be sold separately. It is expected that Youku Tudou will establish multiple brands and create video-related content as well.
Challenges down the Road Analysts projected that even though the merger was probably going to have a positive impact, companies were expected to meet with quite a few challenges. Both Youku and Tudou have been aggressive competitors for many years and they have also dragged each other to court before. Experts who are aware of the situation claim that the biggest concern will be the combination of their businesses. They fear that as companies, Youku and Tudou, come together and unite their numerous operations,
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a few jobs may be lost. The management will have to deal with the tough burden of deciding who remains and who gets the ticket. Also, following the announcement of companies regarding their merger back in March, a number of other challengers in the sector have been making an effort to join their forces as well, which is expected to make the competition a whole lot tougher. Gary Wang, Toudou’s founder and CEO, has announced his retirement from the company. He stated in a post to his Sina Weibo microblog: “The evening of Qixi Festival [Chinese Valentine’s day], seven years of Tudou, now officially retired. Thanks to every brother and sister. Thank you also to all who added some color to this story along the way. See you in the next interesting dream.” However his decision is not a big surprise as analysts observed his not so much active
role in the merging process. Victor Koo, CEO at Youku, was seen as a more aggressive player who took the initiative. Yet Gary Wang is said to continue as a member of the board of a new merger, Youku Tudou company, for at least a year. Probably he will not be engaged in the day-to-day operations though. Gu Yongqiang, Youku’s president, will become a chairman and the CEO at Youku Tudou. Moreover Soku, the Youku’s video search engine, is expected to be made into an independent service as the result of the merger.
Rivals in Trouble - The Emerge of a New Giant The new name of the merger, Youku Tudou Inc., indicates that Tudou has be-
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come a wholly subsidiary of Youku. Concurrently with the announcement of the completion of the merger Tudou’s shares were delisted from NASDAQ on 24th of August.
“More advertising deals are set to be taken by large websites and the mid- and small-sized players are going to find it hard to survive.” Unquestionably the newly created merger is likely to mark a new period of con-
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solidation in China and put more intense pressure on Youku Tudou’s competitors. The online video market in China is said to see more mergers as every website is looking for a business partner to reduce operations costs. Zhang Xiaoqi is convinced that Whether the combine entity will be a successful will become apparent in a year. Concerns regarding the Youku’s management team’s ability are rather serious and analysts are not convinced whether that team will be able to integrate Youku with Tudou and stem losses. Even though the merger is not a sure success, it is certainly a surprise for analysts and Youku’s and Tudou’s competitors. Those two companies had been known for their battles either on the Webs or in the courtroom which made their merger fairly a surprise.
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Apple bits Microsoft records with
$623 value
- Christine Taylor
Market value of $623 billion made Apple the most valuable company in the world; It beats Microsoft’s record Industry Leaders Magazine
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Data shows that Apple is the world’s most valuable company. Apple market value jumped to $623 billion on Monday, beating the previous record set by Microsoft Corp. in the beginning of the Internet boom in 1999. However Apple’s value is still far behind the historic value of IBM of $1.3 trillion in 1967, if adjusted for inflation. Apple is listed on New York NASDAQ stock exchange, which informed that Apple shares were valued at $660.
Apple to set a new record Due to gains in Apple shares the company is worth about $200 billion more than the second biggest company, Exxon Mobil. The oil giant is valued at $405 billion. Apple overtook the No. 1 position of Exxon Mobil last year as a result of market capitalization. But the latest financial estimates and share prices
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mean that Apple not only hit the Microsoft’s record but became the biggest company, in terms of market value, as well. However Howard Silverblatt, a senior index analyst at S&P Dow Jones Indices, warns future investors:
“If you are an investor, check the fundamentals and business plans, and avoid the hype in your decision.” The astonishing record and market value of Apple is even more surprising as
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these days Facebook struggles with record low share prices. This month Apple shares gained almost 9 percent while either Wall Street analysts or common people have been waiting in excitement for an iPhone 5 release which is said to be in September. As it was stated above, Apple surpassed the value of Microsoft and this way became the world’s most valuable company in the history. However Microsoft retains the title if the 1999 peak in its value were to be adjusted for inflation. According to data, Microsoft market capitalization hit €616.3 billion in December
1999. Basically these days Apple iPhone revenues make more than Microsoft itself. In addition, Apple is worth more than Microsoft combined with Google, the most popular search engine. However, according to other sources, the Apple’s market value does not account for inflation as the record for value with inflation belongs to IBM with a value of 1.3 trillion in 1967. The company, then in 1967, had a market capitalization of $192.3 billion, which is valued about $1.3 trillion today. According to data, Apple, the worldknown iPhone maker, has left behind
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major Russian companies in terms of market capitalization. For example, the American tech giant, is 6 times bigger than Gazprom, the largest extractor of natural gas in the world and the largest Russian company, valued at $114 billion or 10 time bigger then Rosneft, a Russian oil company, valued at $64 billion.
iPhone 5 release Experts try to explain the recent increase in the Apple’s market value by reminding about the iPhone 5 release and a new mini iPad which is said to be launched in September as well. The biggest and most popular Apple’s product is
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iPhone itself. And although the excitement is getting bigger every day, some analysts try to cool down hopes; adding that a question remains whether there will occur problems with shipment of components for iPhone and iPad as well. Not only the iPhone 5 release will take place in September, but also the new mini iPad will be introduced as well. The upcoming iPhone5 release date may be worrisome for Apple competitors. Certainly the iPhone 5 launch will draw all attention to the new Apple’s product.
Apple innovative TV The recent record surpassed by Apple
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is said to be a result of gains in share prices and market dominance of the company. Even though Apple’s results in NASDAQ look incredible, few analysts remain pessimistic. Some of them have recently spoken out whether the company will be able to develop its innovative abilities after the death of Steve Jobs. Van Baker, a vice president at Gartner Research, noted: “All the products made under [Apple chief executive] Tim Cook’s tenure have been tweaks to existing products. One of the companies’ big successes, the iPod line, is in decline and they are going to have
to replace that.” Although rumors have been circulating that Apple is planning a first foray into television, Van Baker claims that this innovative plan may become too challenging even for Apple. Analysts are convinced that company’s plans of launching an innovative TV will not be as revolutionary as some of us have dreamt about. However it does not mean that the Apple’s innovative TV will not have any revolutionary features. Apple has already signed contracts with
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cable companies and content providers, as well. However Apple has to convince companies such as Viacom, the NFL, MLB, etc. to sign down the contract because cable companies have rights only to do so much with the content they broadcast. The issue of future cooperation between Apple and those companies encloses in a question regarding a suitable amount of money. Therefore, question remains how much money Apple is willing to pay. And if the cooperation is signed, how much users will have to pay for the Apple innovative TV ?
ing to data, China Mobile is the biggest carrier in China and the world as well. In addition, this Chinese giant does not sell the Apple handset to its consumers. And Apple has to take part in the ongoing fight for consumers in the biggest smartphone market if it wants to stay in
Analysts’ opinion on Apple Although opinions on Apple’s future differ substantially from each other, most analysts predict a bright future of Apple in upcoming days. Brian White, an analyst at Topeka Capital Market, forecasts that the Apple’s market value may soon surpass $1 trillion. He noted: “We believe Apple is on a path to generate the highest annual net income of any publicly traded company ever by at least CY13.” Upcoming Apple products such as iPhone 5, Apple TV and long-anticipated iPad Mini as well as a possible cooperation with China Mobile are reasons of positive forecasts. Apple and China Mobile have been negotiating the partnership with each other. Apple wants to introduce iPhone to China Mobile network. Accord-
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the game. As it was stated by Peter Karazeris, an equity analyst at Thrivent Financial for
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Lutherans, the forecasted Apple’s value of $1 trillion does not derive from investor calculations, but from the company’s capabilities. Apple has a $117.2 billion in cash and company’s officials wants to invest it in
also how to sell its products for less and not hurt its reputation. Discounting older variants of iPhone and iPod do not harm company’s status. Instead of rolling out low-cost lines Apple decided to introduce a sale of its products. According to analysts, this strategy is more profitable for the company.
After Steve Jobs’ death But out there are those who do not have such an optimist outlook on Apple’s future. Many of them have given a strong opinion on the Apple’s lack of ability to develop new innovative products after the death of Steve Jobs. The loss of Steve Jobs was not only a loss of the company’s founder, but a loss of a genius working on future generations of products. It is said that
No one can replace Steve Jobs in Apple and no one can be compared to him. sectors such as mobile devices, television, etc. Moreover, according to Shaw Wu, an analyst at Sterne Agee & Leach, not even one company all over the world may be compared to Apple. Apple knows
Apple has been extremely successful for several years now. By releasing new innovative products the company surpassed its rivals. However the question remains if Apple is able to continue the beautiful and exciting journey into innovative future of tech products.
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MGM pla cas Spring
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ans to open a sino in
gfield, MA
-Jason Miller
MGM Resort International, one of casino giants, will reveal its plans for an $800 million gambling resort, entertainment complex and housing development in Springfield. The casino will be built in city’s districts which were destroyed by a tornado in 2011. Industry Leaders Magazine
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A resort casino to be built in MA MGM Resort International, the Las Vegas-based company, decided to reveal its formal announcement regarding opening a resort casino on 22nd of August. The company’s official did not provide any specific details that day, however they admitted that architectural renderings of this entertainment complex would be presented then. The MGM plan is one of four other that would contend for the same commercial casino license.
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Other casino companies, which are also preparing its bids in Springfield, are Penn National Gaming, Ameristar Casinos Inc., Hard Rock International. All of aforementioned want to build its casino in Springfield! Penn National Gaming has informed that it plans to build the casino in the North End, on land where both the Republican newspaper and the Peter Pan bus terminal are located. Ameristar and companies associated with it, in turn, intends to build the casino resort on the land east of downtown, which is already owned by the company.
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However only one resort casino will be license in Western Massachusetts, so the competition is pretty though there! Only one proposal of Mohegan Tribal Gaming Authority, the owner of Mohegan Sun in Connecticut, intends to build the casino resort in Palmer. However the MGM plan is said to be the first resort casino proposal in Massachusetts in a downtown urban setting. At the same time the project is believed to be quite unique for MGM which is famous for its Las Vegas properties, including Bellagio and Mandalay Bay as well as hotels such as Luxor or New York – New York.
In January Ameristar bought for $16 million a former industrial site off Interstate 91 in Springfield. The site of a probable building slot has not been announced yet by Hard Rock International, however the company has been looking also for a downtown location.
The MGM plan, which certainly is regarded as a project of a big scale for Springfield, may become a chance for the town affected by tornado. The city has faced financial problems and struggled with a high unemployment rate. All of these make MGM a legitimate candidate for the casino license for Western Massachusetts. However nobody can bet on it yet. As it was stated above, three other casino companies have been preparing bids for sites in Springfield; one more rival proposal is designed for Palmer. As soon as MGM abandoned its plans of building casino, the Rolling Hills Resort, in the rural town of Brimfield, company’s officials informed that they would look for another location for its casino in Western Massachusetts. MGM dumped its casino plans in Brimfield because of obstacles the company had encountered.
Tribes included MGM will compete for the same commercial casino license that southeastern Connecticut’s Mohegan Tribe is expected to pursue in the town of Palmer.
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But also MGM has a partnership with a tribe, exactly the Mashantucket Pequot Tribe, which had branded MGM Grand at Foxwoods. However the aforementioned tribe is not involved in any other MGM projects. According to Gov. Deval Patrick, Western Massachusetts is an attractive spot to companies planning to launch a resort casino there. The authorities of the state of Massachusetts have authorized up to three resort casinos, one in the western, eastern and southeastern parts of the state. A preliminary application for the eastern license has been filed by Suffolk Downs while the Mashpee Wampanoag Tribe strongly believes that it has dibs on southeastern region, providing that
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its plans for a tribal casino will be approved by the federal government.
The MGM Plan MGM Resorts International has revealed its plan of “MGM Springfield�, which is a proposal to build an $800 million - $900 million casino in downtown Springfield. According to the MGM plan, the casino resort will be a combination of new constructions and renovation of existing buildings in the city, including the office tower at 73 State Street. But it is not the end of unveiled details of the MGM plan! The MGM wants to build a 250-room hotel, which will have approximately 89,000 square feet of gambling space, not to mention a 70,000 square
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feet of restaurant and retail space and a 12-screen movie theater! According to the MGM plan, three city blocks between State and Union Streets would be covered by the project, including a hotel, a resort, dining, residential, retail and entertainment spaces.
The MGM project, according to plans, would include properties destroyed in the 2011 tornado and once occupied by the South End Community Center. The community Center wants to rebuild on Morris Street, as it was stated by Joseph A. Gallo, chairman of the Board. MGM’s officials informed that they would support the new center of the community.
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Joseph A. Gallo claims that the MGM project would be profitable for the whole community of the city. He stated: “Hopefully they’ll bring a log of revenue to the city, and they’ll have a lot of employees whose kids will have to go somewhere.” And those hopes of city’s authorities might be fulfilled. According to company’s officials thousands of positions at the MGM casino would be created, not to mention as many as 2,000 constructionrelated jobs. A $400,000 non-refundable application fee to the Massachusetts Gaming Commission has been already submitted by MGM. Jim Murren, MGM chairman, has
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claimed that the fee and the presentation of the MGM project are
“a significant demonstration of our desire to partner with Springfield.” Obstacles to be met by MGM in Springfield Springfield authorities have been looking for opportunities which could help
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him, “There is a fighting chance this could be defeated.” It has to be highlighted that a construction of a casino in any city, town or village would require careful planning by a developer and a host community as well. Both the developer and the community need to know what they want to achieve by building it. Developers (casino owner), community and host city’s residents have to know that they would face traffic, crime, but also an increase in the local economy and appearance of happy hour. There are many other obstacles which would be faced by any casino developer, host city and residents. New issues would come to light every single day, so all solutions would need to be addressed. On the other hand, the resort casino, planned by MGM, would be a great chance of development for Springfield itself. The MGM plan is to reach partnerships with existing Springfield venues, thereby avoiding a common critique toward casinos that they kill the local entertainment business. However none of those plans will happen unless local voters / residents approve. There was once a plan to build a casino there. A casino referendum was held in 1994, the project lost, with 17,825 votes against casino gambling and 16,930 votes in favor of casinos. In 1995 another casino referendum was held, yet it was defeated However there are also “casino opponents”, once again, with 17,852 against and who have already promised a fight to keep 16,169 in favor. the sinful resort casino with its gambling industry out of the city. One of the strong- The referendum, which is required by est casino opponents is Archbishop Timo- state law, will be probably held next thy Paul Baymon, president of the Council spring, according to Kevin E. Kennedy, of Churches of Western Massachusetts. He the city’s chief development officer. and the group of his supporters have been And the fate of the MGM project of the advocating against casinos in church con- casino resort in Springfield depends gregations in the city. As it was stated by on the referendum... rebuild the city and give it a new lease on life as the city struggles with financial problems. Springfield officials are convinced that a casino would have a positive impact on city’s finances. Moreover the resort casino would restore services, which were cut by 2011 tornado, and increase employment.
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World’s Most Expensive Meals Revealed -Jennifer Morgan
“I love fruit, when it is expensive.” Sir Arthur Wing Pinero (1855-1934) Industry Leaders Magazine
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Sally Edwards once said:
“If we’re not willing to settle for junk living, we certainly shouldn’t settle for junk food”. And even though the economy is not in a good condition, there are still people who will willingly spend a plenty of money on the most extravagant meals and what is important there are restaurants happy to indulge their wishes as well. Most common people can only dream about consuming the most expensive meals. But there are those who can afford it and they will with a great pleasure spend loads of cash on the meal which will never be affordable to a common mortal. The list of the world’s most expensive meal has been recently revealed and certainly you have to be a millionaire to be able to consume this food. The list below will expand your horizon into the world’s expensive meals ever. And if you are shocked by price tags of those outstanding dishes, remember a Jewish proverb: “Worries go down better with soup.” Certainly positions, which you will find below, are not to satiate one of human basic needs but to move one to a luxurious place of delight and pleasure.
List of most expensive meals Golden Phoenix Cupcake is said to be one of those extravagant meals which we can find on the list. The dessert is served at Bloomsbury’s in Dubai. It costs a roughly 3676 dirhams, or $957. And according to compiled data, Gold-
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en Phoenix Cupcake is the most expensive cupcake all over the world. The lavish cupcake was created from a recipe that includes Italian chocolate, organic strawberries, 23-carat edible gold sheets and a lot of edible gold dusting as well. The dessert is served on a 24-carat gold stand. If you want to eat it, an order has to be made at least 2 days in advance. In Dubai we can also find another meal from the list of the world’s most expensive meals. The “27.321” cocktail is believed to have been the most expensive cocktail ever. It was served in Burj Al Arab hotel and the name of the cocktail indicated its price tag. It cost 27,321 dirhams, or $7120. Interestingly it was named after the Burj Al Arab hotel’s floor it had been served on, the 27th, along with the hotel’s height of 321
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meters. The cocktail was served for the first time in 2008 and was created from a recipe which included 55-year-old Macallan single malt natural colour whisky from Moray, Scotland, dried fruit bitters, homemade passion fruit sugar. In addition, the “27.321” cocktail was served in an 18-carat gold glass. And even though the hotel sold 10 of cocktails to individual guests within a half of the year, Burj Al Arab’s executives decided to stop serving the well-know cocktail. But that is not the last sweet thing on the list. There we can also find Frrrozen Haute Chocolate. It is believed to be the most expensive dessert in the world. If you want to try it, you have to go to New York, New York and visit Serendipity 3. But be sure to have a lot of cash or at least your credit card, because you
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will spend on it $18,713. Frrrozen Haute Chocolate is available to buy in Serendipity 3 which is located in New York’s Upper East Side. The dessert is made with 28 different kinds of cocoa; it has to be adorned with 5g of edible 23-carat gold and infused with gold flakes as well. Frrrozen Haute Chocolate is served with 18-carat gold and diamond bracelet. But do not be fooled, it is not the end of the splendor; while eating the small fortune you will be using a gold spoon encrusted with unusual diamonds. Those, who are in New York but do not want to spend roughly 18 grand on a dessert, can visit Liz Steger and try its Le Burger Extravagant. The burger costs only $293 or $280. It is made with Japanese waygu beef, infused with 10herb white truffle butter. Moreover it is seasoned with Alderwood smoked pacific sea salt, not to mention cheddar cheese
topping, shaved black truffles and other extra expensive ingredients. If you do not like “junk food” such as Le Burger Extravagant, you can try Sushi Del Oriente which is served by a celeb chef Angelito Araneta Jr. of Karat Chef. This nigiri sushi is wrapped in 24-carat gold leaves and sprinkled with five 0.20-carat African diamonds. On the list we can also find a dish served in London. According to data, the most expensive soup we can find in Kai Mayfair restaurant. Buddha Jumps Over the Wall soup costs only £108 or $162 dollars. It is made with lots of ingredients; inter alia, shark’s fin, abalone, Japanese flower mushroom, sea cucumber, dried scallops, chicken, Hunan ham etc. If you want to eat it, you have to remember to preorder it 5 days in advance.
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Domenico Crolla’s “Pizza Royale 007” maybe is not on the latest list of the world’s most expensive meals but still is a very pricey dish. You have to spend roughly $4200 to eat it. The 12 inch pizza is made with lobster marinated in cognac, caviar soaked in champagne, sunblush tomato sauce, Scottish smoked salmon, venison medallions, prosciutto, and vintage balsamic vinegar. In addition, a significant amount of edible 24-carat gold flakes
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creates its topping. The Zillion Dollar Frittata is also missing from the list. This omelet, which costs about $1000 and is believed to be an absurdly expensive breakfast, is made with a mixture of eggs, lobster and 10 ounces of sevruga caviar (which costs at the restaurant $65 per ounce). Those, who are big enthusiast of meat, should try Wagyu steak served in New York City’s Craftsteak, where a full Wagyu rib eye was served up to a private gathering for approximately $2800.
Most expensive ingredients If you are a not big fan of eating out but still want to cook something luxurious
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by yourself or your private chef, do not worry, below there is a list of some of most expensive ingredients. You can buy Matsutake Mushrooms for $1000 per pound. The mushroom is so expensive because it is very rare. $1000 is not so much compared to the price paid by real estate investor and his wife from Hong Kong who are said to have bought gigantic Italian White Alba truffle (1.51 kilograms or 3.3 lbs) for $160,406. Truffles are so expensive because they are difficult to cultivate. When you are done with eating either in restaurant or at home maybe you will feel like drinking a good wine then you have to try 1992 Screaming Eagle, 1945 Chateau Mouton-Rothschild Jeroboam or 1787 Chateau Lafite. All of those wines were sold at auctions for unbelievably large sums of money. If you prefer champagne just stick to Dom Perignon White Gold Jeroboam ($40,000 per
bottle) or Pernod-Ricard Perrier-Jouet ($50,000). We have to remember that food does not only indulge our basic need. Eating gives us pleasure, lifts our spirits and teaches us different cultures. However X. Marcel Boulestin, a known chef and food writer, noted:
“....The pleasure of eating something because it is expensive has absolutely nothing to do with the taste of good cuisine.�
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Cent
Natural Gas is
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trica
their business - Richard Meryn
Centrica is a top 30 FTSE100 company. Its vision is to be the leading integrated energy company in chosen markets in the UK and North America. Industry Leaders Magazine
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Centrica is an integrated energy company operating predominately in the UK and North America. The company understands that energy is essential for all of us, both now and for the future. That’s why Centrica is active in each stage of the energy lifecycle: from sourcing and generating to processing and storing; from trading and supplying to servicing and, crucially, to saving energy. Centrica secures and supplies gas and electricity for millions of homes and businesses and offers a distinctive range of home energy solutions and low carbon products and services. Centrica was demerged from the former British Gas plc in February 1997. It has established and continued to invest in a successful energy and related home services business in the UK and North America. The company is securing reliable, lower carbon sources of energy for the years ahead and helping its customers take control of their energy use. In the UK Centrica operates its downstream business under the British Gas name, Scottish Gas in Scotland and Dyno brand. Following the investments in Venture and British Energy in 2009 the company now have a more balanced UK upstream business. The combination of its own gas production and a clearly differentiated mix of lower carbon power generation gives Centrica great flexibility. The UK storage business, Centrica Storage, will continue to play an increasingly important role in helping maintain security of supply. The Rough storage facility continues to perform extremely well. In North America, the company has taken important steps in delivering our strategy of building a larger, more vertically integrated energy business, through a combination of organic growth and acquisitions.
Centrica’ priorities Centrica’s vision is to be the leading inte-
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grated energy company in chosen markets. Its strategy is designed to address the complex issues the industry faces in ways that can deliver sustainable value for our shareholders and ensure the company is well positioned for growth. The transformational progress the company has delivered, both upstream and downstream, positions the business to perform well in both high and low commodity price environments. Centrica sees considerable growth opportunity for each of its businesses, both in the UK and in North America. A stable investment climate will be essential for industry to be able to make the long-term investments that will be required. The
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UK Government’s ‘Green Deal’ will help households and businesses cut their energy usage, create thousands of new jobs and help to meet carbon reduction targets. British Gas aims to take a leadership position in making this policy initiative a reality.
Centrica Business Principles Centrica has high standards for ethical behavior that is applied through its Business Principles. The company’s continued success depends on its ability, both as a firm and as individuals, to establish and maintain positive relationships not only with customers, colleagues and shareholders but also with business
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partners, suppliers and the wider communities in which we work. Centrica’s business principles set out its commitment to operate professionally, fairly & with integrity wherever we work in the world. Furthermore, they help the company to protect & enhance its reputation by creating a clear framework to guide behavior and decision-making. The company expects the highest levels of ethical conduct & will support those who make decisions based on its business principles. Centrica’s employees, business partners and suppliers, have a shared responsibility to make sure the company reflects these principles in its behavior.
Centrica’ Building a better business The company uses its strong brands and distinctive assets and capabilities to achieve success in its chosen markets in the UK and North America. Currently Centrica focuses on its business such as British Gas, Centrica Energy, Centrica Storage, Direct Energy and Dyno
Centrica - British Gas Centrica’s vision for British Gas is simple; by deepening its relationships with customers through value for money, better service and innovation, the com-
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pany aims to be the number one choice for energy and services today, as well as in the smarter homes and businesses of tomorrow.
the North Sea on behalf of a number of companies, including other Centrica businesses, to meet seasonal peak demands.
British Gas serves around 12 million homes – half the homes in Britain and nearly 1 million businesses. This is both a strength, and a responsibility. Service excellence is critical and will remain at the heart of all Centrica’s offers. The company’s challenge in 2012, as an energy industry, is to continue to work hard to win our customers’ trust.
Centrica Storage’s commercial team is separated from those parts of Centrica that deal in gas supply, gas shipping, trading and storage procurement. Beyond Rough, Centrica Storage now incorporates all business development activities relating to gas storage, which
Centrica Energy
The company is building a sustainable business with balanced power generation and leading gas and oil positions on the UK and Norwegian continental shelves Centrica sources gas and electricity from our own production and from third parties to supply its residential and industrial customers in the UK. The acquisitions of Venture and a 20% equity stake in British Energy, combined with the significant progress made in developing its existing asset portfolio have transformed and strengthened the company’s integrated business model as a result it is now able to supply about 60% of our customers’ gas and power from own assets.
Centrica Storage
Centrica’s Rough storage facility is the largest in the UK, able to meet approximately 10% of the UK’s current peak day demand and representing over 70% of UK storage capacity. The Rough facility, bought by Centrica in November 2002, stores gas under
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could see future investments in new storage facilities within the UK and Europe. Around 300 staff and contractors are employed within the operation, both onshore and offshore.
Direct Energy
Direct Energy is one of North America’s
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largest energy and energy-related services providers. Company’s businesses range from natural gas production and power generation, to energy pricing and protection plans, together with a full line of energy efficiency and building comfort services. It services over 5.5 million customer relationships - residential, commercial, industrial, public institution, government, and national account customers - in 10 Canadian provinces
The management team of the company is responsible for a current success of the company, among management members is Sam Lidlaw, Chief Executive at Centrica. Sam Laidlaw joined Centrica as Chief Executive in July 2006. He is Chairman of the Executive Committee and the Disclosure Committee. In January 2008, he was appointed a nonexecutive director of HSBC Holdings Plc and in December 2010 he was appointed as the lead non-executive director on the board of the Department for Transport. He is also a member of the UK Prime Minister’s Business Advisory Group. Previously he was executive vice president of the Chevron Corporation, chief executive officer at Enterprise Oil and president and chief operating officer at Amerada Hess. He is a trustee of the medical charity RAFT. Sam Lidlaw, Chief Executive at Centrica, is one person among other people from Centrica recognized by Carbon Disclosure Project for climate change disclosure Centrica has been recently commended by the Carbon Disclosure Project (CDP), which represents 655 institutional investors with $78 trillion in assets, for its approach to the disclosure of climate change information.
and 46 US states, as well as the District of Columbia. The company owns and operates 4,647 natural gas wells in Alberta and has three gas fired power plants and power purchase agreements totaling 813MW of wind power in Texas.
Simon Henderson, Centrica’s Director of Corporate Responsibility, said: “Part of Centrica’s investment programme is focused on producing low carbon energy within our upstream asset portfolio, whilst helping our customers reduce their usage through the installation of residential energy efficient technologies. The Carbon Disclosure Leadership Index is a particularly important submission for Centrica not only because of the nature of our business, but also because of the value we feel it adds to our reporting on progress in carbon measurement and reduction.”
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Lancia
Luxury liberated - Jason Miller
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Lancia was founded in Turin by Vincenzo Lancia and his friend Claudio Fogolin in 1906, both being Fiat racing drivers, as Lancia & C. The first Lancia automobile the “tipo 51” or 12 HP (later called Alfa) had a small four cylinder engine with a power of 58 bhp. Lancia is famous for many automotive innovations. These include the 1913 Theta, which was the first production car in Europe to feature a complete electrical system as standard equipment. The first car with a monocoque-type body – the Lambda, also featured ‘Sliding Pillar’ independent front suspension that incorporated the spring and hydraulic damper into a single unit. It was also the first company to produce a V4 engine. Also, Lancia pioneered the use of independent suspension in production cars, in an era where live axles were common practice for both the front and rear axles of a car. They also developed rear transaxles which were fitted to the Aurelia and Flaminia ranges. The innovativeness, constant quest for excellence, the fixation of quality, the complication of the construction processes and the antiqued machinery meant that all cars essentially had to be hand-made. With little commonality between the various models, the cost of production continued to increase extensively, while demand did not.
THE FIRST VICTORY After a series of victories at the
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frontier racing years Vincenzo Lancia decided to withdraw from motorsport and expressly forbade his official car brand participation in any competition. This decision may seem like a paradox, but it is based on the desire to lay concentration of the full potential of the company’s design and production of vehicles for road use. But refraining from private racing turned out to be something of a “mission impossible”.
Their lives were prosperous and happy, and the future of four children - Giovanni, Arturo, Maria and Vincenzo, affectionately called “Censin” planned in advance. The latter was to be a solicitor, but the school failed the young Censin
Knowing Lambda sports car temperament, many of their owners stood for races and rallies, so natural that flew numerous victories. So it was with Aprilia, which has developed a whole generation of drivers, both before and after the Second World War. This was done without any official support Lancia until 1951, when the initiative of the young and ambitious Gianni Lancia, the company has returned to the world of motor sports. Four private Aurelie for Lancia B21, which took part in the rally Tour of Sicily have had an unprecedented triumph, taking the first four places in its class, beating on the head of Alfa Romeo 1900, previously regarded as the best sports car. After the victory of the driver in the rally Felice Bonetto Sicilian Targa Florio in 1952 was the official Lancia racing stable (or Lancia Lancia Scuderia Racing Team). Chose for its trademark blue, galloping elephant.
FAMILY LANCIA Vincenzo Lancia was born on August 24, 1881 in Fobello, Val Sesia (northern Italy). His father, Cavaliere Giuseppe Lancia made a fortune for canning, so prospered him perfectly. Lancia family house located on Corso Vittorio Emanuele 9 in Turin, and the summer vacation I’m going to a family villa in Fobello.
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expectations. He was bright and intelligent, but very distracted and just lazy, “This boy is old enough” - said of the teachers. So ambitious father eventually
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was forced to abandon the idea of education for a lawyer and the son was 12 years old sent him to boarding school in the hope of gain while accounting degree.
about the appearance of their work. And so, in almost a hundred years history of the brand it is easy to see the changes in terms of stylistic forms, elements of performance and the materials used for this purpose. In the early twentieth century, car manufacturers did not have its own car body workshop, so therefore body crafting was entrusted to outside companies, carried out as specified by the customer. Lancia was known for its production of chassis designed so well even in the 40’s.
With built for individual orders for cars nadwoziom Lambda, Dilambda, Artena, Astura, Augusta and Aprilia, the whole world can see the creativity and genius of “Italian style�.
MODELS Despite the traditional focus on the consistent development of technology, designers at Lancia have always cared
By joining the independent production company Lancia body guided by the principles of attention to detail and sense of aesthetic restraint, true to its founder: Lancia car is sophisticated and chic, yet imbued with the spirit of modernity, which is not subject to stereotype aesthetic and passing trends. Lancia represents his characteristic style, embodies an elegant originality and constant desire to innovate according to their traditions. Leaving another mass standards, Lancia always ahead of its time, relentless ticking own stylistic identity.
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TRUE TO ITS MISSION Unique style, which, like the inhabitants of Turin, but he does not like ostentation focuses on temperament. It carries strong and clear attitude that others can only envy. The ultimate combination of comfort, performance and great power under the skin restrained and unpretentious elegance. Consistent in the pursuit of technological excellence, satisfaction with the conduct and absolute security.
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Trends and ahead of their time in the vanguard of technological evolution, Lancia is a symbol of vitality necessary to meet the expectations of customers, which is surrendering the multitude and populism in favor of modern individuality expects a clearer offer, based on the analysis of the real needs of the ecological context. After a hundred years of history, the mission of the Lancia still retains the perfect balance between innovation and traditional historical values.
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Little Palms
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Island Resort
Redefined
- Jason Miller
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Luxury Redefined Do your dreams take you to a place where the sea dazzles in the late-afternoon sun, and the passing clouds imprint shadows on the sand as schools of fish commune in the sea? A place so remote that you can only reach it by sea-plane or boat? That piece of paradise exists, lying discreetly off the fabled Florida Keys coastline.
The Little Palm Island: The magic of this island is its exclusive location where a captivating view exists in every direction. Crushed seashell paths wind through this 5 and a half acre paradise connecting the resort’s extra spacious 30 oceanfront suites. There are no telephones or televisions, or guests under the age of 16. The only distractions are the outdoors and each other. All the thirty suites, nestled two apiece in thatched-roof bungalows, are so silent and peaceful, it’s like you’re living alone in the lap of luxury. Island Escape Suite, Island Elegance Suite, Island Romance Suite and Island Grand Suite guest quarters are housed in thatched roof bungalows, with custom-made king-sized beds with romantic mosquito netting, so plush some guests never want to leave.
On Arrival: Picture perfect getaways at Little Palm Island start with a pitcher of their famous Gumby Slumbers in suite. Once you’ve had the chance to enjoy, the rest of your getaway can be captured with a one-time use, all-weather camera and displayed in a Little Palm Island wooden photo frame. Remember, say Pitcher/Picture Perfect! The stress begins to melt away once you board the motor yacht and leave the main-
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land in your wake. What better way to begin this escape than with a chilled bottle of one of the world’s finest champagnes: Louis Roederer Cristal Brut, paired with a sumptuous chilled seafood platter featuring local delicacies such as lobster, shrimp, crab and ceviches. Epic love letters have had women swooning for centuries. This could be your turn. The “cupid team” at Little Palm Island helps guests write their love an epic love letter that is hand delivered en suite. Greeted by a dozen fragrant roses, thoughtfully arranged, and a chilled bottle of Laurent-Perrier Brut champagne, the special someone will be instantly wooed. Hand-dipped chocolate
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strawberries or truffles will sweeten the deal for only $4 per piece. How sweet it is!
Richly Romantic: When you’re ready to retire, the bungalow awaits…with the soft glow of candlelight. A richly romantic scene, set deliciously with a chilled bottle of Laurent Perrier, Brut Champagne accompanied by six perfect strawberries, covered sweetly in milk or dark chocolate. The desire doesn’t end there. A decadent, hot bath for two awaits; infused and perfumed with bath salts and rose petals. Handpicked massage oils are on hand for before and/or after fun.
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To the rhythm of the tree frogs under the glow of the stars, stroll the grounds ending at the threshold of private bungalows. There, you’re greeted by a sea of scented rose petals, as delicate as your love for each other. The warm glow of flickering candles subtly lights the room, where succulent fresh strawberries and whipped cream await. Sensual body oils and the promise of another perfect night are ready when you are. It’s a night like this that dreams are made of. Falling in love over and over again is what people do here on Little Palm Island. Your bungalow beckons, dressed sweetly in candle light with twelve perfect roses arranged by hand on display. A chilled
bottle of Perrier-Jouet, Blason Rose, Epernay Champagne, and two custom etched Little Palm Island champagne glasses wait for you to toast your life together. Enjoy a glass on your moonscaped terrace or indulge intimately. Your four-poster bed is made with satin sheets, which have been hand-sprinkled with rose petals.
Events and Picnics Whether you envision a sunset ceremony on the edge of the Atlantic, an intimate gathering in a Zen Garden, or an ethereal service in the island’s Palapa Point Gazebo, you can be sure your wedding
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dream will come true. If your group is a bit larger, you may want to consider reserving the entire Island, all 30 suites, for your private use. French Baguette, Saussicon Sec, Country Pate, Two Artisanal Cheeses & Preserves, Seasonal Fruit, Marinated Olives, Spiced Nuts, Key Lime Cookies, Pistachio Biscotti, and Rosé, Château D’Esclans, “Whispering Angel”, Côtes De Provence, 2009 are amongst the few delicacies served. Three hours of private cruising on the 38’ catamaran, The Lilyanna. The yacht is equipped with snorkel gear should you want to take a swim. Guests are flown on a Cessna 206 Amphibious Seaplane to a private island for the ultimate getaway. This includes three luxurious hours with caviar on blinis and Rosé Champagne before takeoff.
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A once-in-a-lifetime experience where you and your guests can dine in an elegant enclave positioned discreetly in the award-winning kitchen of Little Palm Island’s famous Dining Room.
Rejuvinate Your transformation in the tropics begins with a Coconut Sugar Body Polish or a Margarita Key Lime Pedicure. Many of their spa body treatments are designed to reflect the culture of the Caribbean, using a blend of herbs and minerals indigenous to South Florida area. Then venture to the Far East, with a Balinese or Thai massage. Revel in the fragrances of jasmine, frangipani, and Tropical Island fruits. Their Fitness Center provides something for every style of exercise: free weights, a Sohn weight machine, state-of-the-art
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Precor elliptical machines and treadmills, and a stationary bicycle. Wind down your workout with complimentary water, cool towels, and fresh fruit—available day and night.
Fun in the Sun: The backcountry of the Florida Keys is the perfect stage for any sport-fishing enthusiast or beginner. While silently polling across the beautiful, expansive waters, you look for the elusive “BIG 3” – tarpon, permit and bonefish. Imagine the thrill of hooking one of these legendary fighters. Trips normally go out from 9 am – 1 pm or 1 pm – 5 pm for half days.
Some of the fish patrolling in those waters are sailfish, dolphin, wahoo, grouper, mutton snappers, kingfish, yellowtail, barracuda and sharks. Should you land an edible big one, Chef Luis and his team will be happy to prepare it for your evening meal. The trips to Looe Key Reef afford you the opportunity to float weightlessly among all the colorful creatures that make this beautiful reef their home. Because of its relatively shallow depth, the reef is a great dive site for divers new to the sport, experienced divers, and for those who have been out of the water for some time. They have professional Scuba instructors that guide every dive to maximize your experience.
Keys is amongst the best in the world.
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ENERGY
Environment Viernheim : Date: 06-OCT-12 to 07-OCT-12 Environment Viernheim is a fabulous show of its kind which will have more than 3500 exhibitors from the fields of energy, utility as well as environment. As a part of this show, the exhibitors will get a wonderful opportunity to showcase all their products & services and by doing that, it is expected that the participating companies will reach out to new markets & clients. Venue: Burgerhaus Viernheim, Viernheim, Hessen, Germany Battery Plus Storage : Date : 08-OCT-12 to 10-OCT-12 The Battery Plus Storage event will be held in Europe and this will be a three days show. This is a significant International trade fair for battery & energy storage technologies. The event will provide an eminent platform to meet all the professionals of Rechargeable Battery Manufacturers, Next Generation Automobile Companies, Electronics Manufacturers, Renewable Energy Companies and all other players related & the future of energy storage. Venue: Landesmesse Stuttgart GmbH, Stuttgart, Baden-Wurttemberg, Germany Power + Water Middle East : Date: Date: 08-OCT-12 to 10-OCT-12 Power + Water Middle East 2012 held in partnership with Abu Dhabi Water & Electricity Authority (ADWEA) is the region’s premier showcase of power & water related products and services. Power + Water Middle East - one new exhibition of the Abu Dhabi National Exhibition Centre, United Arab Emirates. With the advancement of civilization, specialists are aware that more & more efforts are needed to supply the necessary quantities of fresh water & to ensure the purity of water. Venue: Abu Dhabi National Exhibition Centre, Abu Dhabi, United Arab Emirates International Energy Week : Date: 16-OCT-12 to 18-OCT-12 International Energy Week is a very prestigious energy event which will primarily focus on energy, oil and gas as well as power industry mainly in Sarawak, Malaysia. This is a three day summit which is going to be held at Borneo Convention Centre, Kuching where more than 5000 trade professionals and delegates will gather to concentrate on business, technology & innovation. Venue: Borneo Convention Centre Kuching, Kuching, Sarawak, Malaysia
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MANUFACTURING
Maintenance- Krakow : Date: 03-OCT-12 to 04-OCT-12 Maintenance- Krakow will offer a best ground for companies professional servicing, spare parts, surveying equipment, sensors and visual display systems. The event will attract thousand of visitors from different parts of the globe. For 2 days this leading trade show is being organized by EasyFairs SA/NV. Venue: Krakow Hala TwK, Krakow, Poland International Linemans Rodeo & Expo : Date: 10-OCT-12 to 13-OCT-12 International Linemans Rodeo & Expo promotes work safe practices that help improve the safe performance of line work. It offers attendees, the opportunity to come hear from industry experts on safety issues and hot topics evolving in the industry. Venue: Overland Park Convention Center, Overland Park, Kansas, United States Of America China Sourcing Fair: Security Products - Hong Kong : Date: 12-OCT-12 to 15-OCT-12 China Sourcing Fair: Security Products is an international exhibition for safety and security industry in China. The event will showcase latest range of products and equipments for related industry under single roof at the AsiaWorld - Expo. The event will be taking place between 12 Oct and 15 Oct 2012. Venue: AsiaWorld-Expo, Hong Kong, China (Hong Kong S.A.R.) Northwest Design-2-Part Show : Date: 23-OCT-12 to 24-OCT-12 Northwest Design-2-Part Show is truly a unique show of its kind where renowned exhibitors specialized in service design and contact manufacturing etc. will come with their offerings. This is a two day event which is going to be held at Metropolitan Exposition Center and displays design, forming, fabricating, shaping as well as finishing of metal. Rubber, plastic, ceramics and electronic items, all under the single roof. Venue: Portland Metropolitan Exposition Center, Portland, Oregon, United States Of America
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CONSTRUCTION
Interoute & Ville Expo : Date: 02-OCT-12 to 04-OCT-12 Interoute and Ville Expo is a road infrastructure expo which takes its participants on a journey through information, experience and enjoyment; from the standard approaches employed to promote behavioral models and new awareness. This added value makes the exhibition an ideal showcase for about 300 exhibitors including institutions, companies or associations who want to make their own contribution to the culture of road safety. Venue: Metz Metropole Parc des Expositions, Metz, Moselle, France Ideal Home Exhibition-Cyprus : Date: 04-OCT-12 to 08-OCT-12 Ideal Home Exhibition-Cyprus will undoubtedly form a communication platform between the thousands of visitors and the participating exhibitors. Visitors will have the chance to see the latest developments in the area of Furniture, Design, Building Materials and Equipment, Heating and Cooling, Home Appliances, Property Development, and at the same time being exposed to the widest variety possible. Venue: Cyprus International Fair Grounds, Nicosia, Cyprus Wooden Construction : Date: 09-OCT-12 to 11-OCT-12 Wooden Construction is providing an opportunity for the enterprises that operate in the market of building and finishing materials, wooden products and wooden houses construction to promote new technologies and to demonstrate achievements in the sphere of wooden construction. Providing an opportunity for the enterprises that operate in wooden products and wooden houses construction to promote new technologies and to demonstrate achievements in the sphere of wooden construction. Venue: Lenexpo Fairgrounds, St. Petersburg, Russia M&E-Building Services Event
Date: 10-OCT-12 to 11-OCT-12
M&E-Building Services Event is the annual meeting place for one of the fastest moving sectors in the construction and property markets. Changes in government policy and EU legislation, new technologies and working practices mean that the role of the building services and design engineer has changed and it’s now about where the opportunities and challenges are for tomorrow’s professional. Venue: Olympia Exhibition Centre, London, England, United Kingdom
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SUPPLY CHAIN
TARE AND PACKING : Date: 03-OCT-12 to 05-OCT-12 Containers & Packaging is a leading specialized exhibition in south-Ukrainian region as to expositional presentation of technologies, equipment and materials for tare and packing production, to number and qualitative composition of visitors, to richness of the events. Venue: Exhibition Complex of Odessa Sea Commercial Port, Odessa, Ukraine ProPak Indonesia : Date: 10-OCT-12 to 13-OCT-12 Exhibition for the Processing & Packaging Industries, incorporating Food & Hotel Indonesia and Retail Indonesia. Indonesia’s established international trade show for the packaging and processing sectors in South East Asia’s biggest market. Supported by The Indonesian Packaging Federation, The Indonesian Food & Beverages Association, The Indonesian Woven Polyolefin Manufacturers Association and The Indonesian Cold Chain Association. Venue: Jakarta International Expo (JIExpo), Jakarta, Jakarta Raya, Indonesia EMPACK MADRID : Date: 17-OCT-12 to 18-OCT-12 Empack Madrid is specially designed to act as a sales platform for the packaging industry. Organized by EasyFairs SA/NV, this dynamic trade show is easily accessible and the ideal venue for visitors to discover the latest trends and innovations in the packaging industry. Venue: IFEMA Madrid, Madrid, Spain Vietnam Food Processing & Pharmaceuticals Technology Industry Exhibition : Date: 24-OCT-12 to 27-OCT-12 The 12th Vietnam International Food Processing & Pharmaceutical Technology Industry Exhibition (VnFoodtech 2012) is where you can Raise your profile in the industry and add value to your brands, Locate new agents and distributors for your products, Launch a new product and generate media interest. Venue: Saigon Exhibition & Convention Center (SECC), Ho Chi Minh City, Ho Chi Minh, Vietnam
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FOOD & BEVERAGES
Health Ingredients Japan : Date: 03-OCT-12 to 05-OCT-12 Japan is at the forefront of the development of functional foods & foods with health benefit claims, with an ever increasing number of products obtaining the government’s FOSHU accreditation. Consumer interest in health issues is leading to high growth in demand for healthy foods with functional or pharmaceutical attributes. Venue: Tokyo International Exhibition Center (Tokyo Big Sight), Tokyo, Japan The Good Food & Wine Show-Adelaide : Date: 12-OCT-12 to 14-OCT-12 The Good Food & Wine Show-Adelaide will offer best opportunity to sample over many brands fine wines, beers and spirits & food from around the globe. The exhibition will provide tastings program & sample high-end wines in the Fine Wine Tasting Lounge. The event will be held between 12-14 October 2012. Venue: Adelaide Showground, Adelaide, South Australia, Australia China Food Expo Chengdu : Date: 26-OCT-12 to 29-OCT-12 China Food Expo is one of the professional expositions in food industry, & it is highly proposed by Ministry of Commerce of People Republic of China. It has been staged 7 sessions, becoming one of the largest scale, highest in level & the most popular expositions of Chinas food industry. Food Expo plays important roles in showcasing the latest achievements & brand image of food & related industries in China, in strengthening the technical exchanges & trade cooperation of food enterprises domestic & abroad. Venue: Chengdu New International Convention & Exposition Center, Chengdu, Sichuan, China Expo Drink & Wine : Date: 31-OCT-12 to 04-NOV-12 Expo Drink presents an international range of products and services in the area of beverage & liquid food technology. The exhibiting companies will be presenting technologies & system solutions for the whole production chain - for the manufacture, filling, packaging, & distribution of: non-alcoholic drinks, beer, spirits, milk and milk mix drinks, yoghurt-based drinks, fruit juices, wine & water, tea & coffee, energy drinks, & all other beverages. Venue: ROMEXPO Exhibitions Centre, Bucharest, Ilfov, Romania
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