June 13, 2012 Leave a comment
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March 10, 2012 Leave a comment
Until last year, he and his high school friend from Bible camp, Ben Crawford, ran a group of more than 30 religious card counters. Based in Seattle, the rotating cast of players says it won $3.2 million over five years — all while regularly attending church, leading youth groups and studying theology.
But first Jones and his group had to wrestle with the apparent moral paradox: Should Christians be counting cards?
“My father-in-law flipped out about it,” Jones said. “I remember Ben and I discussing everything. Are we being dishonest to the casinos? Is money an evil thing?”
Group members believed what they were doing was consistent with their faith because they felt they were taking money away from an evil enterprise. Further, they did not believe that counting cards was inherently a bad thing; rather, it was merely using math skills in a game of chance. They treated their winnings as income from a job and used it for all manner of expenses
March 5, 2012 Leave a comment
Apple on Monday announced that more than 25 billion apps have been downloaded from its App Store. The 25 billionth app was downloaded by Chunli Fu of Qingdao, China. As winner of the ‘app store countdown to 25 billion apps’, Chunli will receive an iTunes gift card worth $10,000.
Apple said Chunli had downloaded Where Is My Water, a free puzzle game developed by Disney Interactive Studios.
Two years ago Apple had rewarded Connor Mulcahey, aged 13 at that time, for downloading the one billionth app. However, it seems that Mulcahey was luckier than the current winner. He not only got a $10000 worth iTunes gift card but also an iPod Touch, a Time Capsule and a MacBook Pro.
“We’d like to thank our customers and developers for helping us achieve this historic milestone of 25 billion apps downloaded,” Eddy Cue, Apple’s senior vice president of internet software and services, said in a press note.
“When we launched the app store less than four years ago, we never imagined that mobile apps would become the phenomenon they have, or that developers would create such an incredible selection of apps for iOS users,” added Cue.
Apple said its iOS App Store is used on more than 315 million iPhone, iPads and iPods. The store offers more than 550,000 apps in 123 countries, with more than 170,000 native iPad apps available. According to the Apple, it has paid out more than $4billion to developers.
February 22, 2012 Leave a comment
By PETER SVENSSON AP Technology
NEW YORK — AT&T Inc.’s board cut CEO Randall Stephenson’s 2011 pay by $2.08 million because he engineered the failed deal to buy T-Mobile USA, according to a regulatory filing Tuesday.
Opposition from federal antitrust regulators forced the Dallas-based phone company to give up on the $39 billion deal in December. That meant it had to hand over $4.2 billion in cash and spectrum rights to T-Mobile as a so-called “break-up fee” to compensate T-Mobile for the failure.
Looking at that $4.2 billion charge, AT&T’s board cut Stephenson’s cash bonus by 25 percent, and cut his stock award by 6 percent, for a total of $2.08 million.
That left Stephenson’s 2011 total pay package at $18.7 million, according to the Associated Press formula. His compensation was down from $20.2 million in 2010.
It’s unusual for company boards to cut CEO compensation for specific missteps. But the cost of the failed T-Mobile deal was exceptional. It’s standard practice to offer break-up fees to get acquisition targets to sign on to a deal, but the one AT&T promised was unusually large.
The AP’s compensation formula includes Stephenson’s salary, bonus, perks, above-market returns on deferred compensation and the estimated value of stock options and awards granted during the year.
The calculations don’t include changes in the present value of pension benefits, and they sometimes differ from the totals that companies list in the summary compensation table of proxy statements filed with regulators.
For all of 2011, AT&T earned $3.9 billion, or 66 cents per share, on $126.7 billion in revenue. That compares with net income of $19.9 billion, or $3.35 per share, on $124.3 billion in revenue in 2010.
February 21, 2012 Leave a comment
Economics blog Centives used calculations on the density of a modern warship, they estimate that the first Death Star would have required 1.08×10 15 tons of steel.
That would use up all the iron in the Earth’s crust, and quite a bit from the Earth’s core that’s Assuming we could gather and refine all that iron a process that would take 833,000 years at today’s production rates and the value of the steel at current market prices would be around $852 quadrillion.
January 19, 2012 Leave a comment
A cake for $33, a six-liter bottle of Cristal $34,033, Cavalli vodka $1347, 2 three liter Cristal $19,058, 2 MG Luxor $16,335, 13 Roederer Cristal $22,935, 7 Luxor $10,482, some RedBulls and other liquors plus 10% gratuity
January 17, 2012 Leave a comment
This Tron style motorcycle is a fully functional and street legal bike that is powered by a Suzuki 996cc engine. While riding on the Tron motorcycle you lay in a flat position akin to the Tron movie. For only $55,000.00 you can tear up the streets Tron Style.