Springhill Group Home : Facebook Buys 650 AOL Patents



Facebook is set to pay Microsoft USD 550 million for 650 patents recently auctioned by AOL in its effort to boost its IP for the looming litigation against Yahoo.

Under pressure from its stockholders to make changes to prevent further revenue fall, AOL was obliged to sell and license over 800 patents to Microsoft on April 9. It would retain over 300 applications and patents after the auction.

Aside from the 800 patents bought by Microsoft, AOL will also give them license to 300 patents it has retained for a tag of USD 1.056 billion. Thus, Microsoft ultimately acquired 925 AOL patent applications and patents, 650 of which will go to Facebook. The 2 firms has also agreed to license their patent holdings to each other.

It is not yet clear what technologies Facebook has acquired rights to or those that has remained with Microsoft. But considering that the legal battle with Yahoo concerns messaging, social networking, etc, it looks like Facebook would want to have ammunition of its own.

According to a statement from Springhill Group Home, the deal with Facebook has allowed Microsoft to at least recoup more than half of its costs while accomplishing its goals from the auction of AOL. However, it cannot be readily said that Microsoft has really profited from the agreement as patent valuing is a complicated process.

Microsoft has a relatively long history of close relationship with the social network giant. In 2007, it has invested USD 240 million in  Facebook, giving it a 1.6% stake. Since then, the 2 firms have had collaborations like Microsoft’s Bing search and search ad technologies being used on Facebook. Its video chat technology also comes from Microsoft as it has acquired Skype last year.

On the other hand, Microsoft also has a close business relationship with Yahoo as Bing powers their advertising and search engine. Yahoo has filed a lawsuit against Facebook for allegedly infringing 10 of its patents covering online ad technology. Facebook then countersued Yahoo for allegedly infringing 10 of its own patents.

“Nothing about today’s action changes the fact that Facebook continues to infringe our patents. Companies who purchase patents are often working from a position of weakness and take these actions to strengthen their portfolio. We see today’s announcement as a validation of our case against Facebook,” said Yahoo in a statement to Springhill Group Home.


NAB distributes Rs 32.2m among `Double Shah' scam victims | Posterous.Com




LAHORE: The Punjab National Accountability Bureau (NAB) Thursday distributed Rs 32.2 million among 250 victims of Tasawar Hussain Gillani involved in `Double Shah' scam.

NAB Director General Khurshid Anwar Bhindar distributed cheques in a ceremony held here.
He said, accused Tasawar Hussain Gillani initially worked as a partner of Double Shah, but subsequently he formed a seperate group and looted Rs 1932.74 million directly from people through agents. "NAB Punjab after taking the cognizance of Double Shah scam arrested all members of five groups active in the scam including Tasawar Hussian Gilani group and recovered Rs 1193.5 million," said Bhinder.

He said, accused Tasawar Hussain Gilani and his accompliances had been convicted by the accountability court.
Bhindar said that the scandal mastermind, Syed Sibtul Hassan Gilani too, had been convicted by the accountability court and sentenced to 14 years jail along with a fine of Rs 5.43 billion and confiscation of his all properties.
He said that Rs 486.38 million have so far been distributed include 100 percent payment to 3218 claimants and 50 percent to 3241 claimants while disbursement of the balance amount was in progress.

DG NAB further said that huge deposits, which Double Shah had shifted to Dubai, were likely to be recovered as talks with UAE Governments were under way in this connection.

Copyright APP (Associated Press of Pakistan), 2012

South Korea Springhill Group : Oft-tested routine for nuclear reactor VIPs - The National : Livejournal

Posted By : newscentershgh
Oft-tested routine for nuclear reactor VIPs
KORI, SOUTH Korea // Visitors to the construction site of Korea’s latest model in nuclear reactor technology are first treated to a video about its many safety advantages.
As the film about the APR-1400 reactors ends in the darkened room, automated shades draw back from floor-to-ceiling windows to reveal the immense concrete domes and construction cranes at the edge of the blue sea. Steam floats from a boiler undergoing tests, and workers in blue hard-hats confer at the base of the reactor buildings that seem as vast as a mall in Abu Dhabi.The design of Shin-Kori 3 and 4, as the reactors are called, is to be nearly identical to the four a South Korean consortium is building in the UAE. Adjustments for the Gulf’s climate, from larger pumps to more air-conditioning units, are undergoing review, along with the rest of the design, by the UAE regulator.
On a recent day at Kori, visitors representing some of the highest levels of the nuclear industry, from Japan to the Czech Republic, crowded towards the irresistible view.
South Korea has a well-rehearsed routine for international visitors to the world’s newest nuclear exporter, from photo ops to specialearphones for listening to engineers in the noisy interior of functioning plants nearby.
The first reactor is scheduled to come online next year, five years after the first spadefuls of earth were dug from this spot on Korea’s south-east coast. The second reactor is due to follow in 2014. Another four are planned at the same site.
“The construction schedule is going well,” said Lee Young-il, a vice president at Korea Hydro & Nuclear Power, the company hosting the visit.

Springhill Group South Korea Learn what a CFE can do for you



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Springhill Group: Medicare Dupery Bill Re-brought In – Wellsphere

1888PressRelease) Uncovering medicare scams latest news articles for general public to use.

U.S. Rep. Ileana Ros-Lehtinen, R-Miami, has reintroduced legislation that would double the amount of fines and incarceration for people in prison for Medicare fraud/scam. It also creates a new criminal offense punishable with a 10 year minimum sentence for those who intentionally sell or distribute the ID numbers of Medicare beneficiaries.

According to the Springhill Group, the legislation also bars those who have been part of Medicare dupery in the past from billing Medicare if they switch companies. It also facilitates real-time information sharing among law enforcement agencies to aid in uncovering and dismantling Medicare scams.

"South Florida has been known as the epicenter of Medicare dupery for years," she said. "It is time we took the fight to those who seek to defraud Medicare and prey on our most vulnerable citizens. This bill not only raises the penalties for those who engage in Medicare fraud, but also sets up a pro-active paradigm that will help stem the tide of abuse in South Florida and across the nation."The bill takes particular aim at Medicare theft in Miami-Dade County, widely regarded as the nation's capital ofhealthcare dupery. Medicare dupery in South Florida costs taxpayers between $3 billion and $4 billion every year, according to law enforcement and healthcare officials. Nationwide, Medicare and other healthcare fraud is estimated to cost $68 billion each in very year



N. Korea agrees to suspend nuclear activities


 (CBS/AP)
(CBS/AP) WASHINGTON - North Korea has agreed to suspend uranium enrichment and a moratorium on nuclear and long-range missile tests in a breakthrough in negotiations with the United States.
The joint announcement Wednesday by the two nations comes little more than two months after the death of longtime ruler Kim Jong Il, and suggests North Korea has met the key U.S. preconditions for restarting multi-nation disarmament-for-aid talks that the North withdrew from in 2009.
Secretary of State Hillary Rodham Clinton called North Korea suspension of nuclear activities a "modest first step" but also "a reminder that the world is transforming around us."
She told a Senate hearing that the North has agreed to a moratorium on nuclear activities at Yongbyon, including uranium enrichment activities, and will allow International Atomic Energyinspectors to verify and monitor it, and to confirm disablement of its nuclear reactor and associate facilities.
Since 2006 North Korea has tested missiles, staged two nuclear tests and unveiled a uranium enrichment program that could give it a second route to manufacture nuclear weapons, in addition to its existing plutonium-based program. At low levels, uranium can be used in power reactors, but at higher levels it can be used in nuclear bombs.
Clinton said the United States will meet with North Korea to finalize details for a proposed package of 240,000 metric tons of food aid, referring to it as "nutritional assistance." She said intensive monitoring of the aid would be required.
North Korea, which appealed for the aid a year ago to alleviate chronic food shortages, issued a similar, although differently worded statement released simultaneously in Pyongyang.
An unidentified spokesman from North Korea's Foreign Ministry said in its statement carried by the state-run news agency that the North agreed to the nuclear moratoriums and the allowance of U.N. inspectors "with a view to maintaining positive atmosphere" for the U.S.-North Korea talks.
"This is not the first time that the North has agreed to suspend their nuclear program and allow inspectors in," said CBS News foreign affairs analyst Pamela Falk, "but now economic sanctions are hurting and it may be that a young Kim Jong Un wants to move the country out of isolation."
"North Korea's nuclear program would have been the focus of an international nuclear security summit in late March, which President Obama will attend, and it appears that Kim Jong Un's government wants to shape the agenda, so that tougher sanctions are not imposed," Falk added.
The U.S. still has nearly 30,000 troops based in South Korea, a legacy of the 1950-53 Korean War, that ended in a armistice rather than a peace treaty.
Wednesday's announcement follows talks in Beijing last week between U.S. and North Korean negotiators, the first since negotiations were suspended after Kim's death in December from a heart attack.
Before his death, the U.S. and North Korea were close to such an agreement, which appears to meets U.S. preconditions for restarting the six-nation talks suspended three years ago. The talks also include China, Japan, Russia and South Korea.
"The United States still has profound concerns but on the occasion of Kim Jong Il's death I said it is our hope that the new leadership will choose to guide their nation on to path of peace by living up it to its obligations," Clinton said.
Clinton said the United States will judge the new regime led by Kim's youngest son, Kim Jong Un, by its actions.
The U.S. said it had no hostile intent toward North Korea and was prepared to increase people-to-people exchanges, including in the areas of culture, education, and sports.
North Korea's willingness to agree to the moratoriums and allow in U.N. inspectors is a major sign of the country's intentions in the early days of the rule Kim Jong Un, who is believed to be in his late 20s.
Kim Jong Un's consolidation of power, with the help of a group of senior advisers who worked with his father and grandfather, appears to be going smoothly. But outsiders have been closely watching to see how Kim handles nuclear diplomacy with the United States and delicate relations with rival South Korea.
Despite Wednesday's progress, many observers are skeptical whether North Korea will ever give up its nuclear program. Since Kim Jong Il's Dec. 17 death, North Korea has vowed to maintain the late leader's policies and has linked its nuclear program to Kim's legacy.
"North Korea uses (the nuclear program) as leverage to win concessions in return for disarmament measures. Since Kim Jong Il's death, it has called (the program) the country's most important achievement," Baek Seung-joo, an analyst at the state-run Korea Institute for Defense Analyses in South Korea, said. "There is still a long way to go."
There were some differences in the U.S. and North Korean statements on the nuclear moratoriums.
The U.S. said North Korea has agreed to a moratorium on "nuclear activities" at Yongbyon, including uranium enrichment, while the North Korean statement only refers to uranium enrichment. It was not immediately clear if that implied the plutonium-based program would remain.
The North said that the United States made clear that its sanctions against the North "are not targeting the civilian sector, including the livelihood of people" and that once six-nation nuclear talks are resumed, "priority will be given to the discussion of issues concerning the lifting of sanctions on the (North) and provision of light water reactors."
Although the North has conducted two nuclear tests and has developed a battery of ballistic missiles, it says it is constructing its own light water reactor to generate electricity to alleviate chronic power shortages. 

Springhill Group: Medicare Dupery Bill Re-brought In – Wellsphere

1888PressRelease) Uncovering medicare scams latest news articles for general public to use.

U.S. Rep. Ileana Ros-Lehtinen, R-Miami, has reintroduced legislation that would double the amount of fines and incarceration for people in prison for Medicare fraud/scam. It also creates a new criminal offense punishable with a 10 year minimum sentence for those who intentionally sell or distribute the ID numbers of Medicare beneficiaries.

According to the Springhill Group, the legislation also bars those who have been part of Medicare dupery in the past from billing Medicare if they switch companies. It also facilitates real-time information sharing among law enforcement agencies to aid in uncovering and dismantling Medicare scams.

"South Florida has been known as the epicenter of Medicare dupery for years," she said. "It is time we took the fight to those who seek to defraud Medicare and prey on our most vulnerable citizens. This bill not only raises the penalties for those who engage in Medicare fraud, but also sets up a pro-active paradigm that will help stem the tide of abuse in South Florida and across the nation."The bill takes particular aim at Medicare theft in Miami-Dade County, widely regarded as the nation's capital ofhealthcare dupery. Medicare dupery in South Florida costs taxpayers between $3 billion and $4 billion every year, according to law enforcement and healthcare officials. Nationwide, Medicare and other healthcare fraud is estimated to cost $68 billion each in very year



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