Category : Science & Technology

(Globe and Mail) Margaret Wente–Why is the middle class so anxious?

Canadians are in a funk. Things are better than ever, but people are feeling worse. “The trend lines are disturbing,” EKOS pollster Frank Graves wrote recently, reporting that public pessimism is deepening. “”¦ Only around 10 per cent of Canadians and Americans think the next generation will enjoy a better quality of life.”

Well, maybe they will or maybe they won’t. Meantime, this generation is doing pretty well. Despite recessions, globalization and the inexorable rise of the robots, most of us never had it so good. In 2011, the median real income for Canadian two-parent families with two earners was $100,000 ”“ $13,000 higher than in 2000. The annual average unemployment rate is down to 7 per cent. Despite the soaring cost of housing, nearly 70 per cent of us have an ownership stake in our own homes.

So what’s our problem?…

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Canada, Children, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Globalization, Housing/Real Estate Market, Labor/Labor Unions/Labor Market, Marriage & Family, Personal Finance, Psychology, Science & Technology, Theology

Brian Pellot–What Google’s ”˜Don’t be evil’ motto means for religious freedom

Google’s playful primary colors, quirky Doodles and whimsical office spaces are outward expressions of the company’s “Don’t be evil” motto. But the real work Googlers do trying to uphold that mantra goes far beyond flash.

I recently spoke with Ross LaJeunesse, Google’s global head of free expression and international relations, about what the company is doing to address hate speech, free speech and religious freedom online. This interview has been edited for length and clarity.

Brian Pellot: Why does Google have an entire team devoted to freedom of expression?

Read it all.

Posted in * Culture-Watch, * Economics, Politics, --Social Networking, Blogging & the Internet, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Globalization, Law & Legal Issues, Religion & Culture, Science & Technology, Sexuality, Theology

(FT) Rapid advances in artificial intelligence now threaten white collar jobs

If Daniel Nadler is right, a generation of college graduates with well-paid positions as junior researchers and analysts in the banking industry should be worried about their jobs. Very worried.

Mr Nadler’s start-up, staffed with ex-Google engineers and backed partly by money from Google’s venture capital arm, is trying to put them out of work.

Its algorithms assess how different securities are likely to react after the release of a market-moving piece of information, such as a monthly employment report. That is the kind of work usually done by well-educated junior analysts, who pull data from terminals, fill in spreadsheets and crunch numbers. “There are several hundred thousand people employed in that capacity. We do it with machines,” says Mr Nadler. “We’re not competing with other [tech] providers. We’re competing with people.”

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Anthropology, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Science & Technology, Theology

(CT) How the World's Top 10 Countries Search the Bible Differently

While passages from the Psalms appeared in all 10 of the most populous countries’ top five searches, they account for three of the top five searches in Pakistan, Nigeria, and Bangladesh. The Old Testament rounded out all five of the top spots in Nigeria and Pakistan, while 1 Cor. 13 was the only New Testament passage to reach the top five in Bangladesh.

Pakistan, Nigeria, and Bangladesh rank No. 8, No. 14, and No. 48 respectively on Open Doors’ World Watch List. The Pew Research Center also ranked the most populous countries and their levels of religious hostility.

Bible Gateway and GMI also reported on specific words people in the most populous countries are seeking: “guidance,” “God,” “comfort,” “the word,” “hope,” “strength,” “identity,” “the beginning,” “refuge,” “mercy,” and “love.”

Just three search words””love, hope and strength””overlapped with the list of top 10 topical keywords searched last year.

Read it all.

Posted in * Christian Life / Church Life, * Culture-Watch, Blogging & the Internet, Globalization, Parish Ministry, Religion & Culture, Science & Technology, Theology, Theology: Scripture

(FT) Leaks show GCHQ captured ordinary internet users’ webcam images

GCHQ, Britain’s electronic spying agency, intercepted and stored images of 1.8m Yahoo users taken from their personal webcams even though most of them were not suspected of wrongdoing, documents leaked by the whistleblower Edward Snowden show.

A secret programme called “Optic Nerve”, run in conjunction with the US National Security Agency, recorded millions of webcam images from ordinary internet users ”“ as many as one in 10 of them sexually explicit ”“ “in bulk”, the UK’s Guardian newspaper reported on Thursday.

“Optic Nerve” tapped into Yahoo users’ accounts and took still images from their computer webcams every five minutes.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, --Social Networking, Blogging & the Internet, Defense, National Security, Military, England / UK, Ethics / Moral Theology, Politics in General, Science & Technology, Theology

(WSJ) How Ad Targeting Works on Facebook

Check it out.

Posted in * Culture-Watch, * Economics, Politics, --Social Networking, Anthropology, Blogging & the Internet, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Media, Science & Technology, Theology

(WSJ) Nude Webcams and Diet Drugs: the Facebook Ads Teens Aren't Supposed to See

“Who do you like?” asked recent ads on Facebook…featuring young women in alluring poses.

Some of the ads were configured to reach young teens, who were invited to join an app called Ilikeq that let others rate their attractiveness, comment on their photos and say if they would like to date them.

That’s how 14-year-old Erica Lowder’s picture ended up on display to adult men online. Users of Ilikeq, one of Facebook’s fastest-growing “lifestyle” apps, were able to click through to the Indianapolis girl’s Facebook page.

“How can Facebook say here’s how we’re going to protect your kids, then sell all these ads to weird apps and sites that open kids up to terrible things?” asked Erica’s mother, Dawn Lowder.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, --Social Networking, Anthropology, Blogging & the Internet, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Media, Psychology, Science & Technology, Teens / Youth, Theology

The WSJ's Jonathan Cheng Argues that perhaps the Smartphone has reached Its Peak

Watch it all.

Posted in * Culture-Watch, * Economics, Politics, Consumer/consumer spending, Corporations/Corporate Life, Economy, Science & Technology

([London] Times) Jenni Russell–We Must be Careful When Discussing Poverty and Responsibility

The impression is that if only poor people would organise their lives more effectively, work harder at work or at finding work, and help each other out a little more, the problems would disappear.

This is not just a comforting fantasy for the comfortably-off, it’s a dangerous delusion. It ignores the huge structural changes affecting the British economy, thanks to technology, international competition and immigration. The top 1 per cent have seen their share of earnings increase from 7 to 10 per cent in two decades, but median pay has been static or falling for ten years. The decline is sharpest for those at the bottom of the scale.

Poor people are getting poorer because full-time jobs are disappearing or wage rates are being cut. The Joseph Rowntree Foundation shows that the income of those in the bottom tenth of the income range peaked in 2004 and has been falling ever since. At the same time there have been above-inflation rises in essential costs. Since 2008 gas and electricity prices have risen by almost two thirds, food by a third, transport by a quarter. The result is that incomes and wealth are being squeezed as never before. Half of all families on average to low incomes have no savings whatsoever.

Read it all (subscription required).

Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, Anglican Provinces, Anthropology, Church of England (CoE), CoE Bishops, Dieting/Food/Nutrition, Economy, Ethics / Moral Theology, Globalization, Labor/Labor Unions/Labor Market, Poverty, Religion & Culture, Science & Technology, Theology

F.D.A. Weighs Fertility Method which Combines the Genetic Material from 3 People

Scientists have already experimented with combining genetic material from cells of three people. In 2001, researchers in New Jersey did so using material from the cytoplasm, the material that surrounds the nucleus of the egg and directs its development after fertilization, from fertile women into the eggs of infertile women. More than 17 babies have been born this way in the United States.

The practice raised questions and eventually led the F.D.A. to tell researchers that they could not perform such procedures in humans without getting special permission from the agency. Since then, studies have been confined to animals.

But a researcher in Oregon, Shoukhrat Mitalipov, has performed the mitochondrial procedure in monkeys and has said that it is ready to be tried in people.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Anthropology, Children, Economy, Ethics / Moral Theology, Health & Medicine, Law & Legal Issues, Life Ethics, Marriage & Family, Religion & Culture, Science & Technology, Theology

Tom Friedman–How to Get a Job at Google

Last June, in an interview with Adam Bryant of The Times, Laszlo Bock, the senior vice president of people operations for Google ”” i.e., the guy in charge of hiring for one of the world’s most successful companies ”” noted that Google had determined that “G.P.A.’s are worthless as a criteria for hiring, and test scores are worthless. … We found that they don’t predict anything.” He also noted that the “proportion of people without any college education at Google has increased over time” ”” now as high as 14 percent on some teams. At a time when many people are asking, “How’s my kid gonna get a job?” I thought it would be useful to visit Google and hear how Bock would answer.

Don’t get him wrong, Bock begins, “Good grades certainly don’t hurt.” Many jobs at Google require math, computing and coding skills, so if your good grades truly reflect skills in those areas that you can apply, it would be an advantage. But Google has its eyes on much more.

“There are five hiring attributes we have across the company,” explained Bock. “If it’s a technical role, we assess your coding ability, and half the roles in the company are technical roles. For every job, though, the No. 1 thing we look for is general cognitive ability, and it’s not I.Q. It’s learning ability. It’s the ability to process on the fly. It’s the ability to pull together disparate bits of information. We assess that using structured behavioral interviews that we validate to make sure they’re predictive.”

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Anthropology, Blogging & the Internet, Corporations/Corporate Life, Economy, Education, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Science & Technology, Theology

China's Pollution Problem–2 Pictures of Bejing, 3 weeks apart

I found this very powerful–take a look.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Asia, China, Corporations/Corporate Life, Economy, Energy, Natural Resources, Science & Technology

(Telegraph) Church of England launch app to encourage stressed commuters to pray

Travelling by public transport can be enough to tempt even the most mild-mannered commuter into calling down curses on their fellow passengers.

But now the Church of England hopes to help soothe frayed nerves on the nation’s trains and buses by encouraging rush hour travellers to pray on their way to work.

It has created a new app to enable workers to follow its centuries-old tradition of morning and evening prayers on their smartphones or tablet devices such as iPads.

Read it all.

Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Culture-Watch, * International News & Commentary, Anglican Provinces, Church of England (CoE), England / UK, Parish Ministry, Religion & Culture, Science & Technology, Spirituality/Prayer

(Sightings) Martin Marty–Niebuhrian Irony and Drones

Niebuhr would ask, about drones: “given the resentments among local populations,…how many terrorists are we creating for every one we kill?” What sort of precedents are we creating with a program of “targeted assassinations?” “Will targeted assassinations ever eliminate or even reduce the causes of violent Islamic radicalism?”

So [Andrew] Bacevich thinks that Niebuhr would condemn the drone campaign as ill-conceivedand immoral.

Yes, after 9/11 “doing nothing may not be an option,” but is it the only option? Let the questioning and debate continue, with IRONY not only on our sweatshirts, but as a perspective on what has to be on the minds of the thoughtful. – See more at: http://divinity.uchicago.edu/sightings/niebuhrian-irony-and-drones-%E2%80%94-martin-e-marty#sthash.P1sXnXFg.dpuf

Posted in * Culture-Watch, * Economics, Politics, Defense, National Security, Military, Ethics / Moral Theology, Foreign Relations, Iraq War, Politics in General, Science & Technology, Terrorism, Theology, War in Afghanistan

(Books and Culture) Alan Jacobs–The sciences, the humanities, and their common enemy

I don’t suppose anyone today would say that the problem with our politicians is that they are too deeply immersed in humanistic learning. Even in Snow’s time and in Britain, the picture was far more complicated than he let on. When Snow delivered his Rede Lecture, the prime minister of the United Kingdom was Harold Macmillan, an Old Etonian who read classics at Oxford (and received a first-class degree); Macmillan fit to a T Snow’s picture of the “traditional culture,” But by the time Snow died in 1980, the holder of that office was Margaret Thatcher, who often said that she was less proud of being the first female prime minister than of being the first with a science degree. I suspect that Snow, a lifelong member of the Labour Party, was not especially consoled by Thatcher’s status as a chemist. Moreover, the P.M. who made Snow minister of technology and elevated him to the peerage was Harold Wilson, the most academically gifted of 20th-century British politicians, who read Philosophy, Politics, and Economics at Oxford and then became a lecturer in economic history there at the ripe old age of twenty-one. (Wilson’s father was a chemist, though.) The arrows here point in many directions; they don’t tell the coherent story that Snow would like them to tell. It is hard to discern what connects politicians’ academic training with their political judgments.

Snow wanted to believe something like this: political decisions in the modern world often concern how to deploy science and technology, so people well-trained in science and technology will be better prepared to make those decisions. But that’s a syllogism without a minor premise. And before we fill in that minor premise, we might reflect on one little story, which I offer, though it’s a true story, as a kind of parable. At the height of the Red Scare in the 1950s, J. Robert Oppenheimer, who had directed the American atomic bomb program during World War II, found himself under scrutiny for alleged Communist sympathies. He was interviewed at length, and at one point found himself reflecting on how he and his people had made their decisions. Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That’s the way it was with the atomic bomb.”

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Anthropology, Education, England / UK, Ethics / Moral Theology, History, Philosophy, Politics in General, Science & Technology, Theology

Eyes in the sky: Small drones have FAA shaping regulations

Like something out of a science-fiction flick, the four-rotor apparatus looks the part of an oversize, mechanical dragonfly.

A distinct hum similar to the insect exudes from the gadget when it hovers at eye level. The buzz fades to silence in seconds when the device darts skyward and nearly out of sight.

A small camera captures all that lies within its line of vision – in this instance, a mix of cobblestone, historic homes and church steeples that comprise Charleston’s French Quarter.

No, this contraption isn’t being maneuvered by engineers on some military testing site. It isn’t soaring beside airplanes at a local airport. It’s under the control of a 27-year-old College of Charleston student killing time on a sunny afternoon.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * General Interest, * South Carolina, Consumer/consumer spending, Economy, Ethics / Moral Theology, Photos/Photography, Science & Technology, Theology

(CT) Study: 2 Million U.S. Scientists Identify As Evangelical

The media often portrays scientists and Christians as incapable of peaceful coexistence. But results from a recent survey suggest the two are not as incompatible as one might think. In fact, 2 million out of nearly 12 million scientists are evangelical Christians. If you were to bring all the evangelical scientists together, they could populate the city of Houston, Texas.

Sociologist Elaine Howard Ecklund and her colleagues at Rice University and the American Association for the Advancement of Science (AAAS) reported results from the largest study of American views on science and religion at the association’s annual conference in Chicago on Sunday, February 16. More than 10,000 people, including 574 self-identified as scientists, responded to the 75-question survey. Among the scientists, 17 percent said the term “evangelical” describes them “somewhat” or “very well,” compared to 23 percent of all respondents.

Read it all.

Posted in * Culture-Watch, * Religion News & Commentary, Evangelicals, Other Churches, Religion & Culture, Science & Technology

(Bloomberg) Gas Prices Around the World by Country–Which is Cheapest and Who Pays the Most

There are two ranking categories, rank by most expensive gas, and rank by pain at the pump. Take a guess before you look at all 63 entries.

You can also find a ranking list there and there is a link to a slideshow option.

Posted in * Culture-Watch, * Economics, Politics, Consumer/consumer spending, Corporations/Corporate Life, Economy, Energy, Natural Resources, Globalization, Science & Technology, Taxes

(CTV) Stunning images of frozen Great Lakes captured from space

Some stunning images of the Great Lakes have been captured this winter, as large portions of the massive bodies of water frozen were almost completely froze over for the first time in two decades.

The intense cold snap that gripped much of central Canada and the United States throughout the winter brought thick and widespread ice to the Great Lakes region.

Read it all and look at all the images.

Posted in * Culture-Watch, * General Interest, Photos/Photography, Science & Technology, Weather

(Nature) Katherine Sharpe–ADHD Medication: is this a smart-pill oversell?

For most people with ADHD, these medications ”” typically formulations of methylphenidate or amphetamine ”” quickly calm them down and increase their ability to concentrate. Although these behavioural changes make the drugs useful, a growing body of evidence suggests that the benefits mainly stop there. Studies indicate that the improvements seen with medication do not translate into better academic achievement or even social adjustment in the long term: people who were medicated as children show no improvements in antisocial behaviour, substance abuse or arrest rates later in life, for example. And one recent study suggested that the medications could even harm some children1.

After decades of study, it has become clear that the drugs are not as transformative as their marketers would have parents believe. “I don’t know of any evidence that’s consistent that shows that there’s any long-term benefit of taking the medication,” says James Swanson, a psychologist at the University of California, Irvine.

Now researchers are trying to understand why. The answer could lie in sub-optimal use of the drugs, or failure to address other factors that affect performance, such as learning disabilities. Or it could be that people place too much hope on a simple fix for a complex problem. “What we expect medication to do may be unrealistic,” says Lily Hechtman, a psychiatrist at McGill University in Montreal.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Children, Consumer/consumer spending, Corporations/Corporate Life, Economy, Education, Ethics / Moral Theology, Health & Medicine, Media, Psychology, Science & Technology, Theology

In one of the biggest technology deals ever, Facebook to buy WhatsApp for at least $16 billion

“WhatsApp is on a path to connect 1 billion people. The services that reach that milestone are all incredibly valuable,” Facebook CEO Mark Zuckerberg said in a statement announcing the deal.

Zuckerberg has been trying to get into the mobile messaging market for a while. The company offered to buy Snapchat for $3 billion last year, but that messaging start-up spurned the offer.

Read it all.

Update: From Jon Ostrower-–“Just for a bit of perspective on Facebook and WhatsApp. You can buy 50 777X aircraft for $19 billion, which Qatar Airways did in November.”

Posted in * Culture-Watch, * Economics, Politics, --Social Networking, Blogging & the Internet, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Globalization, Science & Technology, Theology

(CNN) A Record number of women using IVF to get pregnant

More American women have had medical help to have their babies than ever, according to the latest annual report from the Society for Assisted Reproductive Technology.

The group represents the greater majority of in vitro fertilization clinics in the United States.

Their report showed that doctors at these clinics performed 165,172 procedures, including IVF, with 61,740 babies born as a result of those efforts in 2012.

Read it all.

Posted in * Culture-Watch, Anthropology, Children, Ethics / Moral Theology, Health & Medicine, Science & Technology, Theology, Women

(RNS) Science group, evangelicals push new collaboration

Scientists and Christian evangelicals can collaborate for the good of society but it will take some serious effort, experts said as they launched a new campaign to change perceptions between the two groups.

The American Association for the Advancement of Science and its Dialogue on Science, Ethics and Religion program released a major research project on Sunday (Feb. 16), at the AAAS annual meeting in Chicago, and announced an upcoming series of conferences mixing believers, scientists and many who are both….The concern is not whether “science and religion can co-exist. They already do,” said lead researcher Elaine Howard Ecklund, a sociologist and director of Rice University’s Religion and Public Life Program. “The question is how to do it well.”

Read it all.

Posted in * Culture-Watch, * Religion News & Commentary, Evangelicals, Other Churches, Religion & Culture, Science & Technology

In Montclair, New Jersey: Laying down arms, putting on an Episcopal Church Collar

It was 50 years ago that the Rev. Wade Renn, the founder of Montclair Emergency Services for the Homeless (MESH) decided that enough was enough.

The former Boeing and Atomic Energy Commission employee had spent the first part of his life helping to make weapons of mass destruction and participating in research that Renn would only describe as “nasty stuff.” His two physics degrees and scientific track record had earned him a spot in a prestigious Johns Hopkins think tank, but none of it brought him satisfaction.

None of it brought him peace.

Read it all.

Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, Defense, National Security, Military, Episcopal Church (TEC), Ministry of the Ordained, Parish Ministry, Science & Technology, Theology

PBS ' Religion and Ethics Newsweekly–The Ethics of Whistle-Blowing

Is Edward Snowden a hero for revealing government wrongdoing, or a traitor for leaking classified information? “I don’t think anybody acts and says to themselves, ”˜What I’m doing is immoral, but I’m going to do it.’ People always rationalize,” according to former CIA spokesman Bill Harlow. Correspondent Lucky Severson reports on the debate over the morality of Snowden’s actions.

Read or watch and listen to it all.

Posted in * Culture-Watch, * Economics, Politics, Corporations/Corporate Life, Defense, National Security, Military, Economy, Ethics / Moral Theology, Law & Legal Issues, Science & Technology, The U.S. Government, Theology

(Local Paper) How the H.L. Hunley became the first submarine to sink an enemy ship

Robert Flemming saw it first.

He was standing bow watch on the USS Housatonic, scanning the water between his ship and the dark silhouette of the South Carolina coastline….

It was nearly 8:45 p.m. when Flemming spotted something on the water about 500 feet away. The object was about 22 feet long, he estimated, and only its ends were visible. He called out to a deck officer.

“There is something that looks like a log,” Flemming said. “It looks very suspicious.”

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * South Carolina, Defense, National Security, Military, History, Science & Technology

(SMH) A British professor's book warned about the dangers of sugar in 1972

A couple of years ago, an out-of-print book published in 1972 by a long-dead British professor suddenly became a collector’s item….

How exactly did a long-forgotten book suddenly become so prized? The cause was a ground-breaking lecture called Sugar: the Bitter Truth by Robert Lustig, professor of paediatric endocrinology at the University of California, in which Lustig hailed [John] Yudkin’s work as ”prophetic”.

”Without even knowing it, I was a Yudkin acolyte,” says Lustig, who tracked down the book after a tip from a colleague via an interlibrary loan. ”Everything this man said in 1972 was the God’s honest truth and if you want to read a true prophecy you find this book… I’m telling you every single thing this guy said has come to pass. I’m in awe.”

Read it all.

Posted in * Culture-Watch, * International News & Commentary, Books, Dieting/Food/Nutrition, England / UK, Health & Medicine, Science & Technology

(AP) Facebook adds some 50 gender option possibilities to be chosen for profiles

Facebook said the changes, shared with The Associated Press before the launch on Thursday, initially cover the company’s 159 million monthly users in the U.S. and are aimed at giving people more choices in how they describe themselves, such as androgynous, bi-gender, intersex, gender fluid or transsexual.

“There’s going to be a lot of people for whom this is going to mean nothing, but for the few it does impact, it means the world,” said Facebook software engineer Brielle Harrison, who worked on the project and is herself undergoing gender transformation, from male to female. On Thursday, while watchdogging the software for any problems, she said she was also changing her Facebook identity from Female to TransWoman.

“All too often transgender people like myself and other gender nonconforming people are given this binary option, do you want to be male or female? What is your gender? And it’s kind of disheartening because none of those let us tell others who we really are,” she said. “This really changes that, and for the first time I get to go to the site and specify to all the people I know what my gender is.”

Read it all.

I will take comments on this submitted by email only to KSHarmon[at]mindspring[dot]com.

Posted in * Culture-Watch, * Economics, Politics, --Social Networking, Anthropology, Blogging & the Internet, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Psychology, Science & Technology, Theology

(WSJ) The Comcast-Time Warner Megadeal: Out of Chaos, More Chaos

While Comcast says it will divest three million of TWC’s roughly 11 million subscribers, the merged company will still have about 30 million video subscribers, far ahead of the next biggest pay-TV operator, DirecTV which has about 20 million. It will have a big presence in the northeastern U.S., in particular, including in the New York area where TWC is a major cable provider now. Perhaps more important, Comcast will be by far the dominant provider of broadband services, which DirecTV doesn’t offer. In early December, Aji Pai, a Republican commissioner at the Federal Communications Commission, said the Obama administration would be unlikely to approve a Comcast-TWC merger, given its track record of reviewing big mergers.

Regardless of the regulatory outcome, the deal is likely to reinforce a consolidation trend. Liberty and Charter executives have argued that greater scale would better enable cable operators to compete by, for instance, being able to work together on programming ventures. Mr. Malone has said cable operators, because they don’t operate nationally, can’t buy programming on a national basis and often lack the scale in invest in research and technology.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Blogging & the Internet, Corporations/Corporate Life, Economy, Movies & Television, Science & Technology

St Martin’s Church in London becomes first in the UK to accept Bitcoins for its collection

A London church has become the first in the country to accept internet currency Bitcoins in its collection plate.

The Rev Chris Brice of St Martin’s Anglican Parish Church in Gospel Oak said the innovation showed that “we are people in touch with what’s going on around us”.

Some supporters of Bitcoins claim the currency wrestles power from corporations and banking giants, and its value has soared in the past 12 months, peaking at more than £615.

Mr Brice said: “The current [financial] system is not all that reliable, given recent events. You’ve got to live in an environment where people are free to experiment with these things. If this doesn’t work we’ll try something else.”

Read it all.

Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, Anglican Provinces, Church of England (CoE), Economy, Ethics / Moral Theology, Globalization, Parish Ministry, Personal Finance, Religion & Culture, Science & Technology, Stewardship, The Banking System/Sector, Theology