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Monday, October 18, 2010

Heard on the Street: Amazon's App Attack on Google - Wall Street Journal

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See a sample reprint in PDF format.Order a reprint of this article nowThe Wall Street JournalHEARD ON THE STREETOCTOBER 10, 2010, 1:37 P.M. ETAmazon's App Attack on Google ArticleNewStock QuotesCommentsmore in Heard on the Street »BY MARTIN PEERS

The app space is getting crowded.

Amazon.com's reported plan to open an applications store for Android-operated smartphones, in competition with the existing Android Market run by Google, signals how competitive the mobile-application marketplace is becoming. And with eBay's PayPal expected to emerge as a key player for app payments, competition is going to heat up.

This shows how much attitudes to mobile apps have evolved. Apple's iPhone app store, which popularized the concept, has long been seen as important because of the value it adds to the iPhone rather than the money ...

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Chile bolsters rescue mine shaft - BBC News

10 October 2010 Last updated at 12:22 ET Engineers lower metal tubing into the mine shaft (10 Oct 2010) Once the top of the shift is lined with steel casing, a winch will be put in place Engineers have begun reinforcing the top of a mine shaft in preparation for the evacuation of 33 miners trapped underground for 66 days.

On Saturday, they succeeded in drilling through to a workshop chamber, from which the men can be rescued.

Sixteen metal tubes are being welded together to reinforce fragmented rock in the first 100m (330ft) of the shaft.

Chile's mining minister says the operation to bring the miners to the surface should then begin on Wednesday.

Laurence Golborne told reporters that the 12 engineers working on the piping hoped to complete the steel casing of the shaft by 0900 (1200 GMT) on Monday.

After that, a winch-and-pulley system will be assembled above the shaft before the capsule, named Phoenix, can be lowered to the trapped miners.

Mr Golborne said the process of installing the platform would take "about 48 hours". At that point, the rescue will begin.

"We don't know if we're going to run into any difficulties, so we're talking about Wednesday but we have to do some dry runs with the empty capsule," he said.

He added that the operation could be delayed by a day if there were any complications.

A medical team will be sent down the shaft. The first to be hoisted to the surface will be some of the strongest of the miners, followed by those thought to suffer from chronic health problems such as blood pressure or lung illnesses.

Breakthrough

The men were trapped deep underground on 5 August when a partial collapse blocked the exit to the San Jose mine in the Atacama desert. They were presumed dead until 22 August when they revealed they had all survived in an emergency shelter.

Relatives of the trapped miners hug a drill operator (9 October 2010) Relatives embraced the engineers when the drill finally reached the miners' shelter on Saturday

After 65 days of drilling and three separate rescue plans, engineers finally broke through on Saturday morning.

Relatives of the men danced, sang, and cheered when they heard the news and celebrations were reported across Chile.

The miners had been described as "in great spirits and relaxed".

Mr Golborne said that the rescuers were also continuing work on another, wider shaft, using the Plan C drill, as a back-up. That drill had descended to 447m below the surface, he said.


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Facebook co-founder gives $100000 to push to legalise cannabis in California - The Guardian

California vote on cannabis Polls suggest voters in California will back legalisation of cannabis on November 2. Photo by Justin Sullivan/Getty Images) Photograph: Justin Sullivan/Getty Images

Facebook co-founder Sean Parker is giving $100,000 (£62,640) to the push for the legalisation of cannabis in California. Campaigners had complained they were short of cash in the run-up to a vote on the measure on 2 November.

His contribution follows two donations by his fellow co-founder, Dustin Moskovitz, totalling $70,000. Polls suggest voters will approve legalising cannabis. A survey by Public Policy Polling last monthfound 47% for and 38% against.

The ballot coincides with mid-term elections for a new California governor as well as Congress. Legalisation could take effect the day after the ballot, making California the first state in the US to do so.

Parker, 30, founded the music-sharing site Napster when he was 19 and went on to raise funds for the social networking site Facebook, becoming its first president. He has since left the company, though he retains a stake and is worth millions. His donation was listed this week in filings issued by the campaign for Proposition 19, also known as the Regulate, Control and Tax Cannabis Act of 2010. Parker has made no public statement about the donation.

Stephen Gutwillig, a spokesman for Drug Policy Alliance, which is spearheading the legalisation campaign and is the main beneficiary of the donation, told Associated Press: "What's interesting here is that [Parker] is a member of the generation that really gets it. We think he's pivotal to the future of drug policy reform in the country."

Others say cannabis is much stronger than it was in the 1960s and 1970s and is dangerous, impacting on the health services and the workplace

In an ironic twist, advocates of reform have complained of a ban by Facebook on adverts supporting Proposition 19. Facebook has responded that company policy only prohibits images of drugs, and not adverts either in favour or against legalisation.


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