Startup Stimulus: Obama Proposes $30 Billion For Small Businesses

first_imgEarlier this week we told you how New York Times op-ed contributor and author Thomas Friedman urged President Obama to take steps to help foster a new age of innovation and entrepreneurship. Well it seems that Obama may have received that message, as Wednesday night during his State of the Union address to Congress the president proposed a bill to help small businesses and entrepreneurs. Perhaps Obama listened to Friedman, or maybe he saw the frenzied excitement that grows around new innovations like the iPad – either way, the president seems to have taken the first baby steps toward a more entrepreneurial culture in America.In the first quarter of a speech that lasted nearly seventy minutes – due in no small part part to the customary and, at times, comically frequent applause breaks – Obama leveled his focus on small businesses, calling for a $30 billion bill to help them attain credit from banks.“We should start where more new jobs do — in small businesses,” said Obama. “Companies that begin when an entrepreneur takes a chance on a dream, or a worker decides it’s time she became her own boss.”Obama also called for a tax credit which will go to small businesses that raise wages or hire more employees, along with with the reversal of taxes on small business investments. Instead of paying capital gains taxes, Obama proposed that small businesses should instead be given tax incentives for investing in things like new plants and equipment. One idea that Obama did not mention which could bolster the nation’s innovative spirit is the so-called “startup visa” which could bring foreign entrepreneurs to the U.S. and create jobs – a movement we wrote about earlier this month. As is the custom when the president gives his yearly address to congress, the Republican party chooses a representative to deliver their formal response. This year’s choice, Senator Bob McDonnell from Virginia, warned of growing government and increased spending, but agreed with the president that inspiring growth in small businesses is critical.“We must enact policies that promote entrepreneurship and innovation so America can better compete with the world,” McDonnell said. “What government should not do is pile on more taxation, regulation and litigation that kill jobs and hurt the middle class.”Embedded below is the White House video of Obama’s speech. Skip ahead to 13:14 to hear the president’s ideas for entrepreneurs and small businesses.Photos by New York Times photographer Doug Mills and White House photographer Pete Souza.Disclosure: ReadWriteWeb is a syndication partner of the New York Times. chris cameron Why Tech Companies Need Simpler Terms of Servic… Tags:#start#startups Top Reasons to Go With Managed WordPress Hosting A Web Developer’s New Best Friend is the AI Wai… 8 Best WordPress Hosting Solutions on the Market Related Posts last_img read more

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New smart clothing can adjust itself to your needs

first_imgLondon, Mar 10 (PTI) Scientists in Finland have developed a new technology for smart clothing that automatically adjusts its temperature depending on the wearers actual needs.The technology can be utilised in smart fabrics and clothing that are able to calculate whether the wearer needs to be cooled or warmed based on initial data measured from the person and the environment.Furthermore, this technology is able to determine the needed warming or cooling power so that the thermal sensation of the person wearing the smart clothing remains optimal in varying conditions, according to researchers VTT Technical Research Centre of Finland.The smart fabrics and clothing currently on the market faces the challenge of adjusting the individual temperature of a human body rapidly and automatically according to the wearers actual need.The technology is based on the Human Thermal Model calculation tool, enabling the calculation of a persons individual thermal sensation from the prevailing conditions.Individual thermal sensations are ultimately caused by differences in body composition. There are significant differences between men and women, for example, because men have on average 5 to 15 kg more muscle mass than women.The wearable smart technology sustainablycan be applied extensively even in demanding conditions, such as hospitals, nursing homes, and different consumer groups such as police officers, firemen, soldiers, outdoor workers, athletes and small babies.In hospitals, the technology enables new solutions and makes individual treatment more effective. Wearable technology helps surgeons if they get too hot during an operation.The clothing is constantly calculating and adjusting how much the surgeons body needs to be cooled.advertisement”Hospital patients have been asked about their most unpleasant experience, and the most common answer is feeling cold ? pain comes only second”, said Principal Scientist Pekka Tuomaala from VTT.For example, patients often feel cold after surgery. Body temperature can be individually adjusted, when a smart blanket identifies the person, measures the ambient temperature and adjusts the blankets temperature to meet the patients actual needs.The technology can also be utilised when developing solutions for the individual recovery after a sporting event. PTI MHN AKJ AMSlast_img read more

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Navys all-women crew on open sea voyage to Mauritius

first_imgNew Delhi, May 24 (PTI) An all-women crew of the Indian Navy today sailed from Goa to Mauritius on board vessel Mhadei in their first open-ocean voyage.Skippered by Lt Cdr Vartika Joshi (a naval Constructor), the crew of Mhadei are currently training to undertake a circumnavigation of the globe next year.The crew comprising Lt P Swathi, Lt B Aishwarya, Lt Pratibha Jamwal, Lt Vijaya and Lt Payal Gupta would be undertaking this arduous voyage through rough seas and heavy weather, expected during the monsoons, in the Arabian Sea.This is a training voyage to expose the young crew to weather that would be faced by them during the circumnavigation in 2017, a statement by the Navy said.All the women officers are keen sailors who took to the sport after joining Navy.The skipper, Lt Cdr Vartika Joshi, and Lt Swathi have been part of Mhadei crew on earlier voyages.The officers have undergone theoretical training in navigation, communication, meteorology and seamanship at the navys training schools in Kochi.Since then, the officers have been training under Cdr Dilip Donde, Indias first circumnavigator, who undertook his voyage on the same boat in 2008-09.The all-women crew circumnavigation of the globe would be undertaken on board the new sailing vessel of the Navy currently under-construction at Aquarius Shipyard Pvt Ltd, Goa.The yet-to-be-named boat is expected to be delivered to the navy by February next year.The navy is in the process of setting up an Ocean Sailing node at Goa to promote ocean sailing and a spirit of adventure amongst young naval officers and sailors.advertisementMhadei and her sister vessel would be based at this node in Goa.The exploits of this all-women crew on board Mhadei, along with accounts of their voyage and photographs, can be followed on the Facebook page Mhadei, it said. PTI SAP KIS ZMN KISlast_img read more

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I Faced Off Against The Worlds Best Chess Player You Will Totally

I had the black pieces, meaning that Carlsen went first. He opened with d4, moving his queen’s pawn forward two squares. I did the same. He then moved a pawn to c4, employing what’s called the queen’s gambit. White seemingly offers a free pawn to black in exchange for what promises to be a fruitful attack. I declined, and we ended up in an opening called the queen’s gambit declined, exchange variation.I lasted 25 more moves. It was over well before that. If you absolutely must, you can see the full game below.In retrospect, I blundered — unbeknownst to me at the time — on my 12th, 13th and 17th moves. Others too, I’m sure.This was always going to happen. But as I sat shroudless, Carlsen did break my heart. By move 12, he’d pushed a pawn down his right flank, which caused me all sorts of problems, and my king was the equivalent of a sitting duck on the opening day of hunting season. But my own pawn, my little pawn that could, was on the march. My pawn made it two squares from the end of the board, where it could become a queen. And it would soon defend my extant queen, which on the next move fled down the board to put Carlsen in check — I put Magnus Carlsen in check! I confess that for precisely 1.5 seconds I thought, “I am going to fucking win.”Carlsen then easily defended, parried … and destroyed me.But I fought!My editor insisted that this story “somehow work in data,” so I will now add a patina of empirical humiliation to this solid bronze piece of embarrassment. I recorded Carlsen’s and my moves and later ran them through the powerful computer chess engine Stockfish, which evaluates every position and provides an estimate of who’s more likely to win. UNITED NATIONS — I nearly deleted the email. I’m not accustomed to receiving genuine correspondence from a counsellor with the permanent mission of Norway to the United Nations, so I almost filed it away with that day’s other press releases, including an exciting interview opportunity with the former CEO of the parent company of Hardee’s. But a name in the middle of the email’s first paragraph just caught my eye: Magnus Carlsen.And that’s how I found myself in Conference Room 8 in the headquarters of the U.N. last week playing chess against maybe the best chess player who has ever lived — and who also happens to be, at age 27, the reigning world champion and at the height of his awesome powers.My basic problem: I had very little idea what I was doing. A secondary, but increasingly dire, problem was that I was nervously and uncontrollably shaking. A frantic Google search told me that that was probably due to an acute and supposedly beneficial stress response, also known as fight or flight.Fight or flight? For me, chess is a cultural and aesthetic experience — and one that I’m lucky enough to get to write about sometimes. It is not, typically, a competitive one, in the sense that I’m just not very good. I’ve always held grandmasters in high regard, and I do even more so now. I’ve witnessed an Ali knockout firsthand.Carlsen will face an American of somewhat greater chess note than I — Fabiano Caruana, the world No. 2 — in a match in November to defend his world championship crown. Just two players, alone and battling in a game without luck and with nowhere to hide. I asked Carlsen if he considered his game against me to be part of his official world championship preparation.“Um, no,” he said. In his crowning achievement of the game, the author, top left, makes a move that causes the world’s best chess player, right, to think carefully about his next move. The game ended in the author’s defeat soon after. Svenn Richard Andersen To my nervously trembling chagrin, they’d set up my chess board correctly and in the traditional fashion: I had only the one queen and the two rooks and so forth, and somehow it was deemed appropriate that Carlsen start with the identical and equal number of pieces. A grandmaster buddy of mine texted me before the game, “Make sure your pieces are defended.” It certainly sounded simple enough. My aunt wrote on Facebook, “I hope Oliver wins!” Other well-wishers wished me “good luck.”Thanks, but what luck? Chess is stripped of that frivolity; it’s the canonical no-chance, perfect information game. That nakedness is why boxing is a good analogy to chess: two people battling in a confined space with nothing, not a shroud of randomness or the fog of war, to hide behind. I once beat the Scrabble national champion (in Scrabble, not chess), but that was only because a) I sort of knew what I was doing and b) there is luck in that game that I could hide behind. I got lucky. Awaiting the world chess champion, I harbored no such idiotic delusions as I sat at an enormous horseshoe table, fretting and adjusting the pieces. Carlsen was about to do to my psyche what Mike Tyson would’ve done to my face. There was no escape.There were 15 of us awaiting that fate — the mayor of Oslo, the Afghan ambassador to the U.N., a legal adviser with the Maldives mission, me, etc. The usual suspects.The event was a “clock simul,” short for “simultaneous exhibition with clocks,” in which each of us “challengers” sat at our own boards while Carlsen, the “exhibitor,” darted around the room, rarely taking more than a few seconds to make any move before moving on to his next victim. We each had 30 minutes to make all our moves, but Carlsen’s clocks constantly ticked away at every board, putting him at a nominal disadvantage.Here’s a technical diagram of the Carlsen-Roeder game at the exact moment when it really went off the rails: read more

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