Tuesday, October 15, 2013

The hidden challenges of using cloud backup to replace tape




October 15, 2013








It's no secret: IT pros absolutely love to hate tape. I've remarked on that fact in this column several times over the past few years, and it's no less true now than it was any of the other times I've mentioned it. But that's all changing! What local disk backup couldn't solve on its own, cloud storage providers with their hyperredundant and constantly maintained fleets of disk can certainly fix! Finally, we can put a stake in the heart of tape and it will simply become a ghost story that the old timers tell IT newbs. Right?


Maybe, but not so fast. Although the cloud absolutely can replace some of the use cases for tape, it can't satisfy them for everyone all the time. The very same reasons why tape was still alive and kicking when I wrote about it nearly four years ago are still largely true today.


However, you need not fret if you're itching to get rid of tape and make backup someone else's problem by moving it to the cloud. Things are definitely looking up -- especially if you're working with relatively small amounts of data, can deal with long restoration times, or have ridiculous amounts of bandwidth to spare.



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Source: http://akamai.infoworld.com/d/data-explosion/the-hidden-challenges-of-using-cloud-backup-replace-tape-228690?source=rss_infoworld_top_stories_
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Should an Investor Bankroll Your Dream Home? | AOL Real Estate

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By Mitchell D. Weiss

Houses and college degrees have two things in common: Both cost of lot of money and both depend on specialty financing products to help make them more affordable. But which came first? High prices or budget-friendly payment plans? Consider the latest offering in consumer financial engineering, courtesy of private equity firms and crowdfunding companies.

The lenders' pitch is Faustianly straightforward as in, "You need cash to fund all or part of your (housing) down payments and college degrees. We have plenty of that and we're willing to let you use some of it in exchange for a piece of the action." It's a takeoff on the corporate venture capital model that goes something like this: most assets lose value -- or depreciate -- over time, as with refrigerators and lawnmowers; houses, however, usually do the opposite. These increase -- or, appreciate -- in value. And sometimes they do so quite rapidly, particularly after a market disruption causes prices to be reset at significantly lower levels.

In terms of their future earnings potential, people also appreciate in value when they enhance their human capital by acquiring more skills, experience and education. But both these "asset categories" require investment capital to realize their economic potentials. Enter the opportunists.

The Magic of Affordable Payments: In the case of a house, the financial proposition is equity-based -- a percentage of the upside as measured by the difference between the buy- and sell-prices. In the case of the person, it's royalty based, where the payback is a share of his or her future earnings. But why is it that houses and education cost so much? Are these prices purely market-driven (supply versus demand) or is something else going on?

Housing prices are influenced by many factors including locational attributes (proximity to work, transportation, schools, recreational facilities and so forth), as well as a tax code that rewards indebtedness with mortgage interest-deductibility. However, prices are also boosted through financial alchemy -- creative ways of transforming unaffordability into affordability. Adjustable-rate mortgages are a good example. Homebuyers are lured by the below-market monthly payments (for now) and the hope of bigger, better, more beautiful houses before the higher payments kick in later on.

The exorbitant price of higher education is also made possible with financing. In this case, favorable payment structures are further enhanced by government and financial services industry policies and practices under which loans are approved, not necessarily because they can be repaid, but rather because they cannot be avoided. It's an attitude that's led to an unprecedented expansion on the part of the schools, which in turn has increased the sector's costs and, therefore, the need for even more consumer borrowing as a result.

Until these market-morphing methods are either corrected with legislation or influenced by more economically-conscious consumer choices (particularly in the case of higher education), homebuyers and students should tread carefully when it comes to financing structures that insidiously encourage over-borrowing.

Read the Fine Print, Do the Math: When it comes to adjustable loans, I suggest projecting the worst-case scenario and see whether your budget can accommodate that. For equity- and royalty-sharing arrangements, devise a series of house- and income-appreciation scenarios, and calculate the APRs for each.

For example, I read about one company that makes education loans in exchange for a percentage of the borrower's pretax earnings for a 10-year term. The lender also states that it would limit its total payback to five times the original loan value, should the borrower hit the livelihood lottery. The way the math works, if that maximum were to occur during the course of the repayment period (10 years), the loan's APR would be 49 percent. However, if the borrower were to strike it rich within five of his or her post-college years -- which may not be entirely unrealistic, because royalty-based lenders have so far been highly selective in their approval processes -- the APR would double to 97 percent.

So you might want to think twice before choosing an adjustable-rate mortgage at a time when interest rates are poised to increase, an equity-sharing deal when housing prices are on the upswing, or an income-sharing arrangement at the dawn of a promising career.

This story is an Op/Ed contribution to Credit.com and does not necessarily represent the views of the company or its affiliates.

Mitchell D. Weiss is an experienced financial services industry executive and entrepreneur, adjunct professor of finance at the University of Hartford, a member of the board of the university's Barney School of Business and co-founder of its Center for Personal Financial Responsibility.

More from Credit.com:
Why You Should Check Your Credit Before Buying a Home
How to Get Pre-Approved for a Mortgage
How Much of a Down Payment Do I Need?

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Source: http://realestate.aol.com/blog/2013/10/14/should-investor-finance-home-purchase/
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We Take You Inside the World of Comic-Con! The Must-See Costumes, Celebs and More


New York Comic-Con just rolled through NYC, bringing all the superheroes and super fans with it. If you were at the pop culture celebration, you’re probably still recovering from the madness of panels and toys and costumes and celebs and games and people everywhere, as you’ll see in the video above. I boldly went where hundreds of thousands of fans go each and every year and took on the Con head on.


OK! News: See what color Ke$ha’s hair is today!


If you’ve never been to a Comic-Con or want to see what all the fuss is about or are just plain ready to go on a journey, check out the video above where we take you through the exhibition floor to see just a fraction of all there is to see. Plus, we check in with celebs to see what their favorite elements of Comic-Con.


Photos: 10 things that need to happen this season on The Walking Dead


Find out how Greg Grunberg keeps himself germ-free, Yvette Nicole Brown discusses the costumes that make it a true Con and the Mythbusters geek out about the fellow geeks they’ve run into at the event.


OK! News: 6 things you’ll learn in the PBS documentary about superheroes


For more information on the Nerd Machine click here and for Operation Smile click here.


Have you been to a Comic-Con? What were some of the best things you saw? Tell us in the comments below or on Twitter @OKMagazine. 


MORE VIDEOS YOU HAVE TO SEE: 


* ARE TIA AND TAMERA PLANNING THEIR SECOND BABIES AT THE SAME TIME? 


* ELIZABETH BERKLEY IS SAVED BY THE BELL ON DANCING WITH THE STARS LAST NIGHT


* SEE THE TRAILER FOR WILL FERRELL’S NEW MINISERIES WITH KRISTEN WIIG AND JESSICA ALBA



Source: http://okmagazine.com/videos/we-take-you-inside-the-world-of-comic-con-the-must-see-costumes-celebs-and-more/
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Bridget Jones is back in 'Mad About the Boy'

LONDON (AP) — Readers, there is good news and bad news. Bridget Jones is back. But — brace yourselves — Mark Darcy is dead.


Fans have been shaken by the revelation, leaked ahead of publication of "Bridget Jones: Mad About The Boy," the third book in Helen Fielding's series about the diary-writing singleton. He may be fictional, but the demise of Bridget's handsome lawyer lover — played on the big screen by a smoldering Colin Firth — was headline news.


"I turned on the news and there was the Syrian crisis, and then 'Mark Darcy is dead,'" Fielding said, amazed.


"It's quite extraordinary for a fictional character to be treated as if they're alive. I sort of think, hats off to Colin, because really he inhabited that character."


The reaction is a testament to the hold of Fielding's characters on the popular imagination. In ditsy, indomitable Bridget, she created an archetype. (In Darcy she borrowed one, from the brooding Mr. Darcy of Jane Austen's "Pride and Prejudice").


Bridget, created for a series of 1990s newspaper columns, was a 30-something Londoner looking for love and career fulfillment while enduring the condescension of "smug marrieds" and confessing her many insecurities in her diaries: "Alcohol units 7, cigarettes 22, calories 2,145. Minutes spent inspecting face for wrinkles 230."


In "Mad About the Boy" she is still counting calories and booze, though cigarettes have been replaced by nicotine gum. Bridget is now a 51-year-old widow with two young children, convinced she will never find romance again.


Fielding said she had no choice but to kill Darcy so Bridget's story could move on.


"The book I wanted to write was not about domesticity, married life. It was about Bridget struggling with what life throws at you," Fielding said over lunch at the London gastropub where she likes to write in the daytime.


"It was Bridget being single with two children in the age of technology. And rediscovering her sexuality. She was a mother and she lost it amid the nappies and the busy-ness. I think lots of women go through that."


Breaking the news of Darcy's demise to Firth, who starred opposite Renee Zellweger in the film adaptations of "Bridget Jones's Diary" and "Bridget Jones: The Edge of Reason," was surprisingly tough.


"I was really nervous, and I had to make sure that he had someone with him and they were sitting down. And then I said, 'Colin, I've got something really bad to tell you.'


"And then I suppose I just said 'You're dead,' which is an odd thing to say to anyone. And we were both upset, but at the same time we were laughing."


"Bridget Jones's Diary," published in 1996, turned Fielding from a freelance journalist into one of Britain's most successful writers. The novel and its 1999 sequel have sold 15 million copies.


For years, Fielding resisted writing another installment. She was drawn back into Bridget's world by a desire to write about the lives of middle-aged women, who often face stereotyping, just as the single Bridget did in the earlier books.


"There was the idea of 'tragic, barren spinster' because she was unmarried in her 30s," Fielding said. "It was real then. You were Miss bloody Havisham if you didn't have a boyfriend at 35. And I think the same is true of the middle-aged woman now.


"When I was in my 20s, I couldn't imagine that life would continue beyond 40, really," she added. "I couldn't imagine there would still be dating and going out and getting drunk with your friends and worrying about calls or texts that hadn't come, and what to wear."


In "Mad About the Boy," Bridget's romantic misadventures are overshadowed by loss and the fear of aging — but a strong comic vein remains.


"I think most of the things I write are a mixture of dark and light," Fielding said.


Life is "not all sailing along marvelously, nor is it 'Oh, we're in a well of despair.' People hit tough times, and then their friends get round them and cheer them up and then they keep buggering on."


As in the previous books, Bridget can lean on old friends Jude, Tom and Talitha, as well as disreputable former paramour Daniel Cleaver.


She navigates the treacherous world of online dating sites and Twitter, and acquires a 29-year-old boyfriend named Roxster.


The book also introduces Mr. Wallaker, a teacher at Bridget's son's school with whom she instantly clashes. But wait — is that a spark between them? (Hint: Fielding says her dream casting for a movie adaptation is Daniel Craig).


Bridget has always contained elements of Fielding, who is 55 and, like her character, lives in one of the nicer areas of North London with two young children. She is separated from their father, American comedy writer Kevin Curran.


There are glimpses of Bridget in the writer's quick wit and sense of the absurd — though Fielding exudes a considerably greater sense of control than her hapless heroine.


"Mad About the Boy" suffered its own Bridget Jones-style mishap when 40 pages from another book, a memoir by actor David Jason, were inserted into the British edition by mistake.


And some of the reviews have been less than glowing: not everyone hails mishap-prone, insecure Bridget as a 21st-century heroine. Guardian newspaper columnist Suzanne Moore wrote a piece headlined "Why I Hate Bridget Jones," condemning the character as "vapid, consumerist and self-obsessed" and the book as anti-feminist.


Fielding has heard that argument before.


She said that if women can't make fun of themselves, "we haven't got very far at being equal, have we?"


"And also, I think that is the way women communicate with each other, often, privately. They talk about their frailties, their mess-ups, their weaknesses, their vulnerabilities, and they are funny about it and they support each other.


"I was surprised with the first book, with the women who told me they identified with it — powerful, successful women, saying 'Oh yes, I have that problem with tights being all tangled up.' And it's not just women, either. (Prime Minister) David Cameron was in the papers not so long ago ... and he said that he'd get in a situation when he's got the kids in the back of the car and he gets a head of state on the phone: 'Will you shut up, I've got the Israeli prime minister on the phone!'


"Bridget Jones: Mad About the Boy" is published in the United States by Knopf on Tuesday.


___


Jill Lawless can be reached at http://Twitter.com/JillLawless


Source: http://news.yahoo.com/bridget-jones-back-mad-boy-104040383.html
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Typhoon Nari hits Vietnam, 122,000 people evacuated


HANOI (Reuters) - Typhoon Nari knocked down trees and damaged hundreds of houses in central Vietnam early on Tuesday, forcing the evacuation of tens of thousands of people, state media said.


More than 122,000 people had been moved to safe ground in several provinces, including Quang Nam and Danang city, by late Monday before the typhoon arrived, the official Tuoi Tre (Youth) newspaper reported.


Nari later hit the Vietnamese coast with wind speeds of up to 102 kmh (63 mph).


Soldiers were sent to help people reinforce their homes and guide ships to shelter in Danang, a famous tourist destination, state-run Voice of Vietnam radio said.


More than 2,000 passengers were stranded when national carrier Vietnam Airlines canceled 14 flights on Monday and planned to delay another eight on Tuesday, the airline said in a statement.


Vietnam's central region is widely exposed to the sea and is often hit during the storm season between July and October. Typhoon Nari did not affect the Central Highlands, Vietnam's coffee belt, which lies further to the south.


Nari was moving west at about 15 kmh (10 mph) and was expected to weaken into a tropical depression later on Tuesday, the national weather station said.


(Reporting by Ho Binh Minh; Editing by Paul Tait)



Source: http://news.yahoo.com/typhoon-nari-hits-vietnam-122-000-people-evacuated-041922969.html
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Sunday, October 13, 2013

US-Afghan officials near a deal on American troops

KABUL, Afghanistan (AP) — The U.S. and Afghan President Hamid Karzai reached an agreement in principle Saturday on the major elements of a deal that would allow American troops to stay in Afghanistan after 2014.


However, U.S. officials said a potentially deal-breaking issue of jurisdiction over those forces must still be worked out with some political and tribal leaders in Afghanistan.


U.S. officials traveling with U.S. Secretary of State John Kerry said the deal negotiated with Karzai meets all American conditions, including on the jurisdiction issue, and that all that remains is for Karzai to win political approval for it.


During the talks, Kerry made frequent phone calls back to Washington, speaking with Defense Secretary Chuck Hagel and national security adviser Susan Rice multiple times, the officials said.


The American contingent was hopeful that a national consultative assembly of tribal elders, or Loya Jirga, and the Afghan parliament would approve the agreement, the officials said. They requested anonymity because they were not authorized to discuss the agreement by name.


Kerry spoke with Karzai after a marathon series of meetings and repeated delays of Kerry's departure from Afghanistan. Both men later said agreement had been reached on a series of contentious sovereignty issues and the safety of Afghan citizens at the hands of American and allied troops that had deadlocked talks in the past year.


But Karzai said he would punt the issue of who has jurisdiction for any crimes committed by U.S. forces in Afghanistan after 2014 to the Loya Jirga that he has asked to be convened within a month. Their opinion on whether to approve or disapprove an American demand that its forces be remanded to U.S. military courts would then be sent to the Afghan parliament.


Kerry responded that any decision made by the Loya Jirga and parliament would be respected, but he added that if the jurisdiction issue was not resolved there would be no agreement.


In Iraq, a similar deal fell apart after U.S. officials were unable to reach an agreement with the Iraqis on the same issue that would have allowed a small training and counterterrorism force to remain there. The United States completely pulled out of Iraq after the deal collapsed.


The jurisdiction issue came to the fore after an American soldier, Staff Sgt. Robert Bales, killed 16 people in two villages in southern Afghanistan last year. He was convicted in August by a military court and sentenced to life in prison with no chance of release.


Kerry explained that the issue should not be equated with immunity, as it is perceived by many Afghans. He said the United States would prosecute any wrongdoing and that similar agreements existed with many countries, like Japan and South Korea.


Kerry began negotiations with Karzai in the morning, the second day of talks after he arrived late Friday. He left shortly after the last meeting, headed for Europe and the United States.


Discussions had repeatedly stalled in recent weeks over Karzai's demand for American guarantees against future foreign intervention from countries like Pakistan, and U.S. demands for any post-2014 residual force to be able to conduct counterterrorism and counterinsurgency operations.


The situation deteriorated in the past week following a series of angry comments from Karzai that the United States and NATO were repeatedly violating Afghanistan's sovereignty and inflicting suffering on its people.


Karzai has been reticent to sign a deal, worried about his legacy and possibly because of a lingering bitterness over what he considered as foreign meddling in the 2009 presidential vote that almost cost him the election. Having completed a second term, he is not eligible to run in the April 5 presidential elections.


He is keenly aware that previous leaders of his country historically have been punished for selling out to foreign interests and wants to make sure that any U.S.-Afghan agreement is not seen in that light.


There currently are an estimated 87,000 international troops in Afghanistan, including about 52,000 Americans. That number will be halved by February and all foreign combat troops will be gone by the end of next year.


The U.S. wants to keep as many as 10,000 troops in the country to go after the remnants of al-Qaida, but if no agreement is signed, all U.S. troops would have to leave by Dec. 31, 2014. President Barack Obama said in an interview with The Associated Press he would be comfortable with a full pullout of U.S. troops.


___


Associated Press writer Rahim Faiez contributed to this report.


Source: http://news.yahoo.com/us-afghan-officials-near-deal-american-troops-024645629--politics.html
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