MPA Blitzes Congress Over Copyright Threat

first_imgAs FOLIO: first reported, National Geographic is fighting a copyright case against a former photographer in 11th Circuit Court of Appeals over the Complete National Geographic, a pioneering CD-ROM project the magazine released in 1997. In that case, now entering its 11th year of litigation, a Florida judge awarded the photographer $400,000 in damages in 2004—a decision National Geographic appealed.The amended version of the PRO-IP bill is now under consideration by the full Judiciary Committee. The MPA says there is “always the possibility that a similar statutory damages provision could be introduced at some point in the future.” The House Judiciary subcommittee voted unanimously last week to send an amended version of a bill to the full judiciary committee, striking a section that would have changed the civil penalties for copyright infringements in compilations to allow each work in a compilation to count as a separate infringement. In a note to members, the Magazine Publishers of America called Section 104 of the H.R. 4279 PRO-IP bill a “very damaging provision for the magazine industry.” The bill would have allowed plaintiffs to collect multiple awards of statutory damages, the possibility of which, the MPA says, would likely have kept magazine publishers from putting complete editions of a magazine on DVD.The MPA and other groups, including the Digital Media Association (representing Microsoft, Google and Yahoo) and the Printing Industries of America, have fought a vigorous campaign to remove that section from the legislation. In January, the MPA met with House and Judiciary Committee leadership to discuss the case, and last month “blitzed” key committee members’ Congressional offices.last_img read more

Not Sourav Ganguly but this lady is Ravi Shastris biggest critic

first_imgRavi Shastri posted this picture of himself with his motherTwitter/Ravi ShastriMother’s day is here and sportspersons have joined the laity in celebrating the occasion by thanking their mothers. Not to be left behind is one man who often finds himself in a controversy whenever he makes a powerful assertion – Indian cricket team’s head coach Ravi Shastri.But on the occasion of Mother’s Day, the former India international put out a tweet that is not only not controversial but also very touching. He shared a picture of himself with his mother and while wishing him a happy Mother’s Day, also described her as his ‘biggest critic.’Yes, you heard that right, Mrs Shastri is the biggest critic of the former India all-rounder and not the various people with whom he has been in a war of words. The picture shared by the India coach had him wearing a casual shirt with fruit prints on it, the sort of easy-going look which we have become accustomed to from Shastri. Shastri and Ganguly have been involved in war of wordsGetty ImagesAll this while we thought that the biggest critic ofthe 56-year old was former India captain Sourav Ganguly. The relationship between the two men soured after Shastri accused Ganguly of being ‘disrespectful’ for not attending the interview where Shastri was appearing as a candidate for the job of Indian national team’s coach, despite being part of the panel interviewing the aspirants.Never to let an attack go unanswered, the ‘Prince of Kolkata’ responded by criticising Shastri for his words. This led to a souring of relations which continues to the present day. During India’s tour to England last year, when the head coach described the team under his watch as India’s best touring side, Ganguly responded to that comment by calling them ‘immature.’Shastri also, on his part, has taken potshots at Dada. He didn’t include Ganguly in the list of best Indian captains, apart from making snide, indirect comments about the former skipper. But, as the retired all-rounder himself has revealed, it is not Ganguly but his own mother who is his worst critic. Well, that’s one critic he won’t mind having in his life. Maybe, it has been her criticism that made the cricketer-turned-broadcaster-turned-coach so successful in his career.last_img read more

Oil prices rise on renewed output freeze talks but fundamentals remain weak

first_imgOil prices rose in early trading on Monday, lifted by reports of renewed talks by some members of the Organisation of the Petroleum Exporting Countries (OPEC) to restrain output.U.S. West Texas Intermediate (WTI) crude oil futures CLc1 were at $42.01 per barrel at 0022 GMT (08:22 p.m. EDT), up 21 cents, or 0.5 percent, from their last close.Brent crude futures LCOc1 were trading at $44.40 per barrel, up 13 cents, or 0.29 percent.Analysts said that the price rise came on the back of renewed calls by some OPEC members to freeze production in a bid to rein in output consistently outpacing demand.”OPEC members including Venezuela, Ecuador and Kuwait are said to be behind this latest reincarnation. But just like previous endeavours, it seems doomed to fail, given key OPEC members (think: Saudi Arabia, Iraq, and Iran) persist in their battle for market share, ramping up exports apace,” said Matt Smith of U.S.-based ClipperData in a note.Yet in the absence of an agreement, a fight for market share via high output and price discounts is still weighing on oil markets.Iraq has dropped the September official selling price (OSP) for Basra Light crude to Asia by $1.00 to minus $2.30 a barrel against the average of Oman/Dubai quotes from the previous month, the State Oil Marketing Organisation (SOMO) said on Monday, making it the latest exporter to drop its prices.Meanwhile, oil drilling in the In the United States keeps increasing.”Another increase in the rig count in the U.S. also weighed on sentiment. The Baker Hughes data show rigs operating in the U.S. are the highest since March (at 381),” ANZ bank said on Monday.On the demand side, analysts at AB Bernstein said that oil demand growth had been strong in 2015 and the first half of this year, at 2.0 and 1.5 percent respectively, but that the outlook was weakening.”In July following the UK Brexit vote, the IMF downgraded global growth by 10 basis points (bp) in 2016 and 20 bp in 2017. This has negative implications for (oil) demand,” the analysts said.”We expect that demand growth could slow in the second half of 2016 to around 1.1 percent and slow further in 2017 to a below consensus 1.0 percent on the current global growth outlook,” AB Bernstein added.last_img read more

Bombay Dyeing shares gain 13 in 4 days

first_imgBombay Dyeing & Manufacturing Company Limited (BDMCL) shares flared up on the BSE on Thursday, hitting an intraday high of Rs 54.40 before closing at Rs 53.85, a gain of 5.80 percent. In the past four trading sessions this year, the stock has appreciated about 13 percent.BDMCL is in the news for its revival plans that are expected to bring the loss-making company back in black in the next few years.As part of its efforts to exit non-core activities, the company sold land on December 31, 2016 for ~ Rs 185 crore in Maharashtra, including a flat in Mumbai’s Prabhadevi area for Rs 9.4 crore. The other sale effected was “MIDC Land & Building and some specific utility machinery of Ranjangaon unit” for Rs 174.45 crore, the company said in regulatory filing on January 1, 2017.”What Bombay Dyeing aims to do now is to revive the loss making flagship textile business by investing in the brand, expanding store network, growing product portfolio and liaising with international designers. Manufacturing will be outsourced,” brokerage Dynamic Levels said in an update a few days ago.”From now till 2020, the Wadia group owned company plans to invest over Rs 100 crore in the brand, double its multibrand outlets to 10,000, more than double its franchise stores to 500 and commence three to four new products every year,” Dynamic Levels added.For the quarter ended September 2016, the company incurred standalone loss of Rs 71 crore on sales of Rs 430 crore. In 2015-16, the company posted loss of Rs 84 crore on total sales of Rs 1,804 crore. The company’s chairman is Nusli Wadia, who was in the news recently in the context of the ongoing corporate battle saga within the Tata Group.last_img read more

UN envoy meets Yemeni officials in Riyadh for peace talks

first_imgUN envoy to Yemen Martin Griffiths meets with the president of the Huthi Revolutionary Committee, in the capital Sanaa, on 24 November 2018. In a possible breakthrough despite government scepticism, the envoy said that he discussed with Huthi rebel officials `how the UN could contribute to keeping the peace` in the key port city of Hodeida. Griffiths met a Yemeni rebel leader in insurgent-held Sanaa Saturday and is to follow up by holding talks with Yemen`s government in Riyadh, a UN source said. Photo: AFPUnited Nations envoy Martin Griffiths met Yemeni officials in Riyadh on Monday as part of efforts to kick-start peace talks next month between Huthi rebels and the Saudi-backed government.The visit comes as a tenuous calm settles over Yemen’s rebel-held port city of Hodeida, a vital lifeline for imports and aid that had seen fierce clashes in a renewed offensive by a Saudi-led military coalition.Under heavy international pressure, the Yemeni government and the coalition have largely suspended their five-month-old battle to seize Hodeida.Griffiths, who is spearheading efforts to hold peace talks in Sweden in December, met Yemen’s vice president Ali Mohsen al-Ahmar and foreign minister Khalid al-Yamani in the Saudi capital, the Yemeni state-run news agency Saba said.The Yemeni leaders discussed with Griffiths arrangements for the upcoming negotiations and possible “confidence building measures” to test the “rebels’ seriousness” about peace efforts, Saba reported.The UN envoy, who visited Hodeida last week to assess the humanitarian situation, was also expected to meet with Yemen’s internationally recognised president Abedrabbo Mansour Hadi, a Saudi government source told AFP.Fighting in the Red Sea city intensified in early November as coalition-backed loyalist forces attempted to enter the city, but calm returned after Griffiths arrived in Yemen on Wednesday.Griffiths has urged the warring parties to “keep the peace” in Hodeida.While the loyalist advance there has largely stalled, minor clashes have continued.Military officials quoted by Saba on Sunday evening said the loyalists had foiled a Huthi “infiltration attempt” into a camp in Hays, a district about 100 kilometres (60 miles) south of Hodeida.The rebels said they had detonated an explosive device near the eastern entrance of Hodeida, “destroying a (pro-government) military vehicle… killing and wounding soldiers inside”, Huthi-run Al-Masirah TV reported on Monday.Loyalists did not confirm the attack.But pro-government military officials told AFP on Monday that their operations in the east and south of the Red Sea city had been suspended.- Desperately needed respite -Both warring sides have expressed support for the UN envoy’s current effort to hold talks, which marks the biggest push for a peace deal in Yemen in two years.But in a sign of lingering distrust, coalition spokesman Turki al-Maliki told reporters in Riyadh on Monday that efforts to hold the Sweden talks were progressing “despite Huthi efforts to obstruct them”.President Hadi — whose UN-recognised government was pushed out of Sanaa by rebels who overran the capital in 2014 — has said he backs peace efforts but has vowed to “liberate” Hodeida.In September, a previous round of UN-led peace talks faltered when the Huthis refused to travel to Geneva, accusing the world body of failing to guarantee their delegation’s return to Sanaa or secure the evacuation of wounded rebels to Oman.Previous talks broke down in 2016, when 108 days of negotiations in Kuwait failed to yield a deal and left rebel delegates stranded in Oman for three months.The heads of the UN’s humanitarian and children’s agencies have said the recent de-escalation in fighting in Hodeida is providing a desperately needed respite to hundreds of thousands of civilians.According to the World Health Organization, nearly 10,000 people have been killed since the Saudi-led intervention began, though some rights groups estimate the toll could be five times higher.Humanitarian organisations are desperate to see the current peace push translate into a more permanent halt to the conflict.UN agencies say 14 million Yemenis are at risk of starvation and the closure of Hodeida port would further exacerbate the humanitarian crisis.last_img