Wednesday, May 23, 2018

On Monday, San Jose, California, US-based software company Adobe Systems announced their plans to acquire California-based e-commerce handling web service Magento Commerce for 1.68 billion US dollars (USD). After Adobe made the announcement via their official website, Adobe’s stocks rose by around one percent, ending Monday extended trading at USD 238.10 per share.

Magento provides services for the creation of digital ads and handling of online transactions. Magento’s services are used by Nestlé, Coca-Cola, Warner Music, and Canon. The acquisition, which is expected to take place in the third fiscal quarter of this year, is to be an all-cash deal. Adobe is to acquire Magento from Permira equity firm. In 2015, Permira bought Magento from eBay, an eCommerce website. Adobe, in their official statement, said, “Magento Commerce Cloud will enable commerce to be seamlessly integrated into the Adobe Experience Cloud”.

Adobe also announced a buyback of shares worth USD eight billion by 2021. Magento’s CEO Mark Lavelle said, “Adobe and Magento share a vision for the future of digital experiences that brings together Adobe’s strength in content and data with Magento’s open commerce innovation […] We’re excited to join Adobe and believe this will be a great opportunity for our customers, partners and developer community”.

After the announcement, stocks of Magento’s competitors Shopify, Inc dropped by about 4.8%. They finished extended trading at USD 137.60 after the announcement.

Sunday, July 24, 2011

Two high-speed bullet trains crashed close to Wenzhou in the Zhejiang province of eastern China on Saturday. At least 43 passengers were found dead and over 200 are injured, according to the China state-run news agency Xinhua, with 12 in critical condition.

The collision occurred on a bridge after one train was struck by lightning, forcing it to stop, and was subsequently struck by a second train around 2030 local time (1230 UTC). The trains involved were the D3115 service from Hangzhou to Fuzhou, the train that was stopped at the time of the collision, and the D301 service from Beijing to Fuzhou.

As a result of the collision, two cars from the first train fell off the bridge, as well as four cars from the second train. One of the cars landed on its side, and another ended up lying vertically against the bridge. According to CCTV, a state-run broadcaster, upwards of 1,400 people were on the two trains: more than 900 on the stopped train and more than 500 on the second one.

One passenger, Liu Hongtao, is reported as saying: “The train suddenly shook violently, casting luggage all around. Passengers cried for help but no crew responded.”

The government have said they will be launching an “urgent overhaul” of rail safety following the crash, the first derailment since the introduction of 155 miles per hour high-speed rail service in China four years ago, and three railway officials were also fired by the ministry of railways, which said the officials may be investigated.

On Sunday, rescuers found a small child unconscious in the wreckage, about 21 hours after the crash, who was sent to a hospital. According to a rescue worker, the child, four years old, “could still move his hands” when he was located.

Sunday, July 1, 2007

A young woman was killed Friday night after an accident occurred on a gyrating ride at the Playland amusement park in Rye, New York in the United States. The woman, Gabriela Garin, was a worker at the amusement park, and had worked there for the past seven years.

The accident occurred near the end of Garin’s shift; as she was loading riders onto the ride. The ride’s new operator, unaware of Garin’s presence, started the ride while Garin was still on it. The new operator then noticed Garin, and shut the ride down in 20 seconds, but Garin had already been ejected from the ride and killed, according to a park spokesperson.

The ride is an attraction that spins people around in two-seat cars, inside a darkened tent to flashing lights and music.

This incident is not the first in the ride’s history. In 2004, a seven-year-old from Connecticut managed to free herself from the ride’s restraining bars, and climb onto the front edge of her seat. She fell soon after the ride started. A safety precaution was put in place after this incident, however, the spokesperson acknowledged that it was not followed when Garin was killed.

The company which owns the ride shut it down, along with two other rides it owns at the park.

This is the fourth fatality in the park’s history. The park features more than 50 rides, a pool, and a beach. It attracts more than 1 million visitors annually.

Friday, September 26, 2008

On October 14, 2008, Canadians will be heading to the polls for the federal election. Liberal Party candidate Sandra Gardiner is standing for election in the riding of Perth—Wellington. A Stratford resident for the last 17 years, she has worked as a Registered Nurse for the last 14, in hospital, long term, and community care settings. She is a member of Registered Nurses Association of Ontario, Canadian Association of Physicians concerned about the Environment, FarmGate5, Common Action for the Restoration of the Environment, Autism Ontario, the Planning Committee for Rotary Respite House, and board member of Optimism Place, the local women’s shelter.

Wikinews contacted Sandra, to talk about the issues facing Canadians, and what they and their party would do to address them. Wikinews is in the process of contacting every candidate, in every riding across the country, no matter their political stripe. All interviews are conducted over e-mail, and interviews are published unedited, allowing candidates to impart their full message to our readers, uninterrupted.

The riding is currently held by Conservative Gary Schellenberger, who was also MP for the previous riding, Perth—Middlesex. Perth—Wellington includes the County of Perth, and the Town of Minto and the townships of Mapleton and Wellington North in the County of Wellington. Also challenging Schellenberger are John Cowling (Green), Irma DeVries (Christian Heritage), Julian Ichim (Marxist-Leninist), and Kerry McManus (NDP).

For more information, visit the campaign’s official website, listed below.

Monday, November 26, 2007

In the 18 months since Andrea Muizelaar was crowned winner of the reality TV series Canada’s Next Top Model, her life has been a complete whirlwind. From working in a dollar store in her hometown of Whitby, Ontario, to modeling haute couture in Toronto, she had reached her dream of becoming a true Top Model.

But at what cost? Unknown to casual television viewers, Muizelaar had been enveloped in the eating disorder anorexia nervosa, which inevitably became too much for her to bear. She gave up modeling and moved back to Whitby, where she sought treatment for her disorder, re-entered college, and now works at a bank. Where is she now? Happy and healthy, she says.

Recently Andrea Muizelaar sat down with Wikinews reporter Mike Halterman in a candid interview that stretched to nearly two hours, as she told all about her hopes and aspirations, her battle with anorexia, and just what really happened on Canada’s Next Top Model.

Tuesday, October 9, 2007

2007 the 33rd Taipei International Electronics Autumn Show (TAITRONICS Autumn), organized by Taiwan External Trade Development Council (TAITRA) and Taiwan Electrical and Electronic Manufactorers’ Association (TEEMA), started on October 9 -13 at Exhibition Hall 1 and 3 of Taipei World Trade Center (TWTC), and inconjunction with Taiwan International RFID Applications Show (RFID Taiwan) at TWTC Hall 3 and Taiwan International Photovoltaic Fourm & Exhibition (PV Taiwan) at Taipei International Convention Center (TICC). With the 3-in-1 combination, TAITRA and TEEMA hoped this show will integrate upper and lower companies of electronic manufacturers and companies in Taiwan.

This 3-in-1 show is mainly focused on electronics parts and components, RFID solutions, photovoltaic products, and medias on electrical industry. About 1000 exhibitors exhibited with 2100 booths at TWTC Hall 1 & 3 and TICC. In the theme pavilion section, iF Design Award in Hanover Fairs set “iF Design Pavilion” with lots of awarded 3C products in Taiwan first time, also, Industrial Technology Research Institute (ITRI) showed their solutions on home entertainment such as 3D LCD wide screen display and game projector.

Not only ITRI and iF Design, TAITRA and TEEMA also set “Taiwan Innovalue and Branding Taiwan”, “Product Certificates and Testing”, “Cross-Strait Electrical Products”, “Security Products”, and “Broadband Communications” pavilions at this exhibition.

With those pavilions, TEEMA also held lots of seminars and forums on Bluetooth technology, electrical industry, testings and certifications, and International Electrotechnical Commission Quality (IECQ) system. Furthermore, CARTS Asia 2007 is the most welcomed seminar by buyers and exhibitors.

According to TAITRA, this 3-in-1 exhibition opened daily from 9 a.m. to 5 p.m. at October 9 to 13, PV Taiwan forum and exhibition will be held only two days on October 11 and 12. For the quality and security issue, minors under 18 ages are not permitted to enter the showground.

Thursday, October 18, 2007

It can be difficult to be John Reed.

Christopher Hitchens called him a “Bin Ladenist” and Cathy Young editorialized in The Boston Globe that he “blames the victims of terrorism” when he puts out a novel like Snowball’s Chance, a biting send-up of George Orwell‘s Animal Farm which he was inspired to write after the terrorist attacks on September 11. “The clear references to 9/11 in the apocalyptic ending can only bring Orwell’s name into disrepute in the U.S.,” wrote William Hamilton, the British literary executor of the Orwell estate. That process had already begun: it was revealed Orwell gave the British Foreign Office a list of people he suspected of being “crypto-Communists and fellow travelers,” labeling some of them as Jews and homosexuals. “I really wanted to explode that book,” Reed told The New York Times. “I wanted to completely undermine it.”

Is this man who wants to blow up the classic literary canon taught to children in schools a menace, or a messiah? David Shankbone went to interview him for Wikinews and found that, as often is the case, the answer lies somewhere in the middle.

Reed is electrified by the changes that surround him that channel through a lens of inspiration wrought by his children. “The kids have made me a better writer,” Reed said. In his new untitled work, which he calls a “new play by William Shakespeare,” he takes lines from The Bard‘s classics to form an original tragedy. He began it in 2003, but only with the birth of his children could he finish it. “I didn’t understand the characters who had children. I didn’t really understand them. And once I had had kids, I could approach them differently.”

Taking the old to make it new is a theme in his work and in his world view. Reed foresees new narrative forms being born, Biblical epics that will be played out across print and electronic mediums. He is pulled forward by revolutions of the past, a search for a spiritual sensibility, and a desire to locate himself in the process.

Below is David Shankbone’s conversation with novelist John Reed.

Monday, March 21, 2005

Automobile industry pioneer, John DeLorean, died Saturday in a New Jersey hospital by complications from a stroke.

DeLorean was born in 1925 in Detroit, Michigan to European immigrant parents. He received an education in automotive engineering and quickly rose through the ranks of Packard and later General Motors (GM). DeLorean was credited with the development of the Pontiac GTO, which helped introduce the era of “muscle cars”. By 1965, DeLorean led the entire Pontiac division, and four years later was promoted to the prestigious position of leading GM’s Chevrolet.

In 1973, DeLorean quit General Motors and started his own company, the De Lorean Motor Company. The company’s product was the DMC-12, an unusual car featuring an unpainted, stainless-steel exterior and gull-wing doors. The company started production in 1981 but failed less than two years later, having produced under 9,000 vehicles. Despite the company’s failure and the car’s dismal sales, the car itself gained a cult following after the release of the 1985 movie Back to the Future which featured the car as a time-travel machine.

DeLorean himself was in nearly as much trouble as his company. In 1982 he was arrested for attempting to sell $24 million worth of cocaine to undercover police, and after his company’s failure, he became involved in a multitude of lawsuits alleging investor fraud. Though DeLorean successfully resolved the cocaine case after claiming entrapment, his other legal cases would drag on until 1999, when he declared bankruptcy.

A compilation of brief news reports for Tuesday, December 9, 2008.

The United States media group Tribune Company has filed for bankruptcy protection on Monday as it struggled to sort out its US$13 billion debt. It is the second-largest newspaper publisher in the United States, responsible for the Chicago Tribune and the Los Angeles Times, among others.

The firm has been hit hard by the industry-wide slump in newspaper advert revenues this year. Sam Zell, the billionaire who owns Tribune, took out large loans in order to buy the firm back in June of 2007.

The United States Chapter 11 bankruptcy protection law states that a company can continue trading whilst it sorts out its finances.

Sources

• “US publisher in bankruptcy move” — BBC News Online, December 8, 2008
• “Tribune files for Chapter 11 bankruptcy” — MarketWatch.com, December 8, 2008

The Quebec general election is underway in the Canadian province of Quebec. Premier Jean Charest called the elections, saying he needed a majority to guide Quebec through a period of economic difficulties caused by the worldwide financial crisis.

Polls indicate that the Charest may obtain a majority, with support for his Quebec Liberal Party increasing to 45%, while support for the Parti Québécois remains at around 30%.

The polls will close at 01:00 GMT (20:00 local time), and the results will probably come in soon after that.

Sources

• “Quebec voters head to the polls” — BBC News Online, December 8, 2008
• “Quebec votes in provincial elections” — Agence France-Presse, December 8, 2008

The United States government is reportedly close to an agreement for a US$15 billion bailout plan for the country’s three largest auto firms.

According to a draft obtained by the Associated Press, the deal would give loans to Detroit‘s struggling Big Three automobile manufacturers — Ford, General Motors, and Chrysler — but under the condition that the auto industry restructures itself to survive. Another condition is that the incumbent US President, George W. Bush, would appoint an overseer to supervise the effort.

Analysts suggest that the agreement could be signed into law by the end of this week.

Sources

• “White House cool to plan for auto bailout” — MSNBC, December 8, 2008
• “US car bail-out nears agreement” — BBC News Online, December 8, 2008

Saturday, September 8, 2007

Four young girls were killed and six more people injured when a brick wall collapsed on top of them in Zambia. The victims had been trying to reach a free mosquito net handout when a stampede erupted, causing the collapse.

The accident occurred in the town of Mpika, where the Ministry of Health was conducting the handout as part of an anti-malaria initiative. As people flocked to the community hall where the event was taking place, people outside the premises began climbing the walls in an effort to get in, initiating the collapse.

The four girls died on the spot in the incident, which occurred at around 17:30 local time. Six others were taken to the local Mpika District Hospital, where they were treated for their injuries, which are believed to be non life-threatening.