Archive for April, 2013

UK Coal Operations seeks liquidation

Tuesday, April 30th, 2013

Owner of two of UK’s last three deep pits warns of potential insolvency that would put 2,000 jobs at risk after fire closes colliery

ENRC faced hitch over listing

Tuesday, April 30th, 2013

The controversial London flotation of the Kazakhstan-based miner encountered a last-minute hurdle after auditors found evidence that records had been falsified or destroyed

Verizon Wireless Rolls Out Online Storage for Files

Tuesday, April 30th, 2013

Verizon online file storage

Verizon recently rolled out 500 MB of free online storage for its customers that use certain smartphones and tablets. It allows them to sync stored data between some Android and Apple devices.

Called Verizon Cloud, Verizon customers get the first 500 MB for free.  After that, customers of Verizon pay for more storage through either of two plans: $2.99 per month gets you 25 gigabytes of storage and $9.99 for 125 gigabytes.  TheVerge.com points out that Verizon’s 125 GB offer compares favorably with Dropbox which offers 100 GB for the same price.  But Google Drive and Microsoft’s Sky Drive are offered at about half that price.

One thing that sets the Verizon offering apart is that it can store call logs and text messages — along with music, video, and other files.

According to Verizon’s David Samberg, “Additionally, as customers use multiple devices, sometimes running on different operating systems, Verizon Cloud will allow for the transferring of some content between Android and iOS devices, making it accessible across smartphones, tablets and computers.”

PhoneDog.com reports that the Verizon Cloud service will only be available on a limited selection of devices initially, all devices manufactured by either Motorola, HTC, or Samsung.

A Consumer Product – But Some Business Implications

Keep in mind that this offering  is positioned as a consumer product, and not intended for businesses.  No word was given about whether the storage can be used with Verizon small business plans.

However, many solo entrepreneurs and home-based business owners use consumer plans for their wireless devices.

Also, sometimes employees use their own wireless devices in work situations, due to the BYOD trend.  Keep that in mind when it comes to record retention and other policies.  Employees may be saving files in the cloud, from their personal devices that they also use for work – one more thing for your IT Department to consider.

The post Verizon Wireless Rolls Out Online Storage for Files appeared first on Small Business Trends.

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Heritage Oil defends Nigerian investment

Tuesday, April 30th, 2013

Energy group’s chief Tony Buckingham remains bullish over batch of oilfields despite output falls caused by strike action and equipment failure

Saudi Arabia says capacity to stay in place till 2040

Tuesday, April 30th, 2013

Minister says there are no plans to raise capacity in next 30 years as new sources of supply, from US shale to Iraqi output, fill demand gap

Edit Images Interactively With Adobe Photoshop Elements 11

Tuesday, April 30th, 2013

You have probably heard of Adobe Photoshop. The Lexus or Mercedes or Ferrari of photo editing tools. Many small business owners dream of such a powerful tool, but often find that it is too much “engine” for their needs.  This product review is for small business owners who need to edit images with a photo or image editing tool, but want something fast and simple.

Enter the latest light version called Adobe Photoshop Elements 11 – a raster image editor that lets you paint and edit pictures interactively on the computer screen and save them in formats such as JPEG, PNG, GIF and TIFF. It helps the user create, edit, organize and share images from one place. It has most of the features of Adobe Photoshop CS (the full premium level version) but at a lower cost.

Aimed at hobbyists and consumers, even non-expert individuals can use it with relative ease and this makes it ideal for the small business owner. The straightforward color management system and effortless removal of the red eye effect, the no-fuss ability to change skin tone along with the other plugins are available in a simpler, trouble-free format. Advanced edits are also possible.

You can see on the screenshot below that I have also opened the Advanced Editor tool which gives you even more options than what you see on the right side of the screen here.

edit images

It is easy to see that a small business owner, such as a retailer, blogger, service provider, freelancer, or affiliate marketer, can make use of the basic editing and advanced editing features – different photographic effects, adding drama, creating monochrome, or illustration effects. Video playing and tagging are also available. Business owners who want to explain or demonstrate a concept, service or new product will find this feature essential.

What I Really Like:

  • Great screenshot tool. Super useful for when you are surfing the Web and want to capture the screen you are looking at — and want to edit later.
  • Geo tagging is now a way of life for hobbyists and business owners and is supported in this version of Photoshop elements. The program helps you access GPS data embedded in photos or lets you tag spots on a map.
  • Cost factor. The program costs about one sixth of what Adobe Photoshop CS costs. For small business owners who want to grow their venture on a smaller budget, this is a key factor. There is a trial version also to allow you to try before you buy.
  • Ease of Use. Unlike its bigger cousin Adobe Photoshop CS, this program is easy to use even for the amateur. It is more intuitive and has a cleaner interface; you will not have to take classes to learn how to use it. Business owners without a tech background or a lot of time will appreciate this.
  • The editor has three sections: Quick, Guided and Expert to cater to different levels of users. They can be used independently of each other, or you can alternate between them.

What I Would Like to See:

Although the Import Media is pretty self-explanatory, if you have information divided into specific folders on your computer, you have to select each of those, one at a time. I’d like to see some sort of tool that lets me pick more than one folder at a time. When I go into the library, I don’t see all of my photos and wonder why.

edit images

Adobe is world-renowned for creating elegant and powerful tools to help the artist, photographer and other creative types. They are just as useful for the business owner – think about the last time you opened a PDF file.

The tools are often expensive, however, to their credit, they have listened to the market and created lighter versions that not only cost less, but work in a way that helps the business owner who doesn’t have time for a steep learning curve.

If you are in the market for a robust, affordable photo editing tool, take a look at Adobe Photoshop Elements. You can find it online at Amazon and often in stock in Costco for prices ranging from $69 to $99. The Adobe site sells it for $99.95. I was provided with a media copy to evaluate it for this review.

The post Edit Images Interactively With Adobe Photoshop Elements 11 appeared first on Small Business Trends.

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Zambia’s tax losses

Tuesday, April 30th, 2013

African nations should combat tax avoidance and transfer pricing by devising a standard to cap the deductibility of payments to foreign affiliates

Bulgaria’s Ex Top Cop Too Busy to Study Prosecution’s Incriminating Statement

Tuesday, April 30th, 2013

Asked to comment on the announcement of the Sofia City Prosecutor’s Office that there was sufficient evidence indicating that he had committed a crime in connection with unauthorized wiretapping, former Interior Minister Tsvetan Tsvetanov told journalists that he had to get acquainted with the decision first.

Tsvetanov, who is on a cross-country tour as head of the election headquarters of center-right party GERB, argued Tuesday that he had to study the decision of the competent authority in order to decide on his next steps.

The Sofia City Prosecutor’s Office announced Tuesday that there was sufficient evidence indicating that Tsvetanov had committed a crime in his capacity as public official.

The Sofia-based prosecuting authority made clear that the charges against the three former directors of the Specialized Directorate Technical Operations of the Interior Ministry, Sergey Katsarov, Kamen Kostov and Tsvetan Ivanov, and Radko Dimitrov, an employee of the unit, in connection with the unauthorized wiretapping case, had been dropped.

The Sofia-based prosecuting authority declared that Tsvetanov, in his capacity as public official, had consciously allowed his subordinates to commit crimes.

Later the same day, Tsvetanov, as cited by the Bulgarian Telegraph Agency (BTA), told journalists that he had not been able to examine the statement of the Sofia City Prosecutor’s Office because he was on an election tour.

“I have always striven to observe the law and what I can say is that I will wait for the competent bodies to do their job. The proceedings which have been opened will last quite some time, I believe,” Tsvetanov commented.

He refused to say whether he was planning to give up his immunity.

“The election campaign went totally beyond the limit. Unlike the opposition, political party GERB will not involve in a smear campaign. We have always considered public interest to be of prime importance,” Tsvetanov said at a meeting with residents of Aksakovo earlier the same day, according to reports of the Focus news agency.

Bulgaria’s former Interior Minister faces a penalty of up to eight years of imprisonment if the prosecuting authority presses charges and succeeds to prove them in court.

The wiretapping scandal broke out at the end of March, when Sergey Stanishev, leader of the Bulgarian Socialist Party (BSP), submitted a tipoff to Chief Prosecutor, Sotir Tsatsarov, about illegal wiretapping of politicians, businesspeople and magistrates which had taken place during  Tsvetanov’s term in office (2009-2013).

At the end of last week, a secretly recorded conversation between former Prime Minister Boyko Borisov, former Agriculture Minister, Miroslav Naydenov, and already-former Sofia City Prosecutor, Nikolay Kokinov, leaked in Bulgarian media, stirring a massive scandal.

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Bulgaria’s Ex Top Cop: Election Campaign Spiraled Out of Control

Tuesday, April 30th, 2013

Tsvetan Tsvetanov, Former Interior Minister and deputy chair of center-right party GERB, has refused to offer concrete comments on the announcement of the prosecuting authority that there was sufficient evidence indicating that he had committed a crime.

The Sofia City Prosecutor’s Office announced Tuesday that they were dropping charges against the three former directors of the Specialized Directorate Technical Operations of the Interior Ministry, Sergey Katsarov, Kamen Kostov and Tsvetan Ivanov, and Radko Dimitrov, an employee of the unit in connection with the unauthorized wiretapping case.

The Sofia-based prosecuting authority made clear that Tsvetanov, in his capacity as public official, had consciously allowed his subordinates to commit crimes.

Speaking Tuesday in the northeastern city of Aksakovo, Tsvetanov, who is touring the country as head of the election headquarters of GERB, said that the election campaign for the May 12 parliamentary elections had spiraled out of control.

“The election campaign went totally beyond the limit. Unlike the opposition, political party GERB will not involve in a smear campaign. We have always considered public interest to be of prime importance,” Tsvetanov stated, as cited by the Focus news agency.

Prior to visiting Aksakovo, Tsvetanov was in the northeastern city of Devnya, where he also rejected comments in connection with the latest findings of the prosecuting authority on the wiretapping scandal.

According to Boryana Dimitrova from the Alpha Research polling agency, as cited by Sega daily, it is too early to estimate the impact of the announcement of the Sofia City Prosecutor’s Office about Tsvetanov.

She says that the polling agency has so far detected erosion of support for GERB which is not accompanied by an increase in the popularity of the party’s main rival, the Bulgarian Socialist Party (BSP).

The wiretapping scandal broke out at the end of March, when Sergey Stanishev, leader of the Bulgarian Socialist Party (BSP), submitted a tipoff to Chief Prosecutor, Sotir Tsatsarov, about illegal wiretapping of politicians, businesspeople and magistrates which had taken place during  Tsvetanov’s term in office (2009-2013).

At the end of last week, a secretly recorded conversation between former Prime Minister Boyko Borisov, former Agriculture Minister, Miroslav Naydenov, and already-former Sofia City Prosecutor, Nikolay Kokinov, leaked in Bulgarian media, stirring a massive scandal.

Source

Senrigan fund on an African rollercoaster

Tuesday, April 30th, 2013

Heavy investment in African miner Sundance was based on the hope that a Chinese group would snap it up but the road has been full of obstacles

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