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News Slideshows (02/13/2020 - #vlrPhone #iphone)


  • 1/27   News Photos Slideshows
    PEOPLE TOPIC NEWS

    News Photos Slideshows - Hot Trends - Click on the image to view in augmented reality or in stereo 3D

    News Photos Slideshows - Hot Trends - Click on the image to view in augmented reality or in stereo 3D


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  • 2/27   Press Review #voip #hearingloss
    TECHNOLOGY TOPIC NEWS

    

 - New 'LE Audio' Standard Will Be a Game Changer for Hearing Aids - PCMag.com   More Information - NRC VoIP Transition Raises Concerns on IT Modernization Efforts - MeriTalk   More Information - How to Protect Your Hearing With the Apple Watch Noise App - PCMag   More Information - Social Security scam is top fraud targeting seniors - TribLIVE   More Information - Consumers need a clear choice with “deals” to drop landlines - Northeast Valley News   More Information - Eargo Announces the Neo HiFi, Revolutionary New Hearing Loss Solution - PRNewswire   More Information - Analysis on the Hearing Aids Market, Worldwide, 2019-2024 - Featuring Profiles of Key Players Sonova, WS Audiology, Demant, GN Store Nord, and Starkey Hearing Technologies - PRNewswire   More Information - Hearing Aids Market to Reach USD 14.45 Billion by 2026, Exhibiting a CAGR of 7.2% | Fortune Business Insights - PRNewswire   More Information - Hearing Aid World Markets to 2024 by Product Type, Hearing Loss, Patient Type, Technology Type, End-user & Region - PRNewswire   More Information - Appropriations Looks At Budget Adjustments | Letters to the Editor - Yankton Daily Press   More Information - FDA clears Cochlear's innovative new Osia® 2 hearing implant system - PRNewswire   More Information - $7.7 Billion Hearing Aids Markets - Global Forecast to 2023 - PRNewswire   More Information - Strekin AG Secures Financing to Complete Development of STR001 in Sudden Sensorineural Hearing Loss and to Prepare NDA Filing in Europe - PRNewswire   More Information - The global hearing aids market is expected to grow at a CAGR of over 4% during the period 2018-2024 - PRNewswire   More Information - US Parents Worry Popular Technology Use Is Damaging Their Children's Hearing But Still Plan to Purchase Tech Gifts This Holiday Season - PRNewswire   More Information - Hearing Aids Market: Increasing Prevalence of Hearing Loss Worldwide Augments Product Demand, Says TMR - PRNewswire   More Information - Hearing Aids Market - Global Outlook and Forecast 2019-2024: Growing Demand for Wireless & Smart Hearing Aids - PRNewswire   More Information - $1.2Bn Cochlear Implant Market, Outlook to 2023 - Prevalence of Hearing Loss, New & Emerging Systems, Leading Manufacturers - PRNewswire   More Information - HearingLife's National Campaign for Better Hearing Exceeds 2019 Goal and Raises More Than $100,000 for Complimentary Hearing Aids - PRNewswire   More Information - Audeara A-01 Review - PCMag.com   More Information


Did you see the #crowdfunding campaign that @whmsoft will start? #tailored #3d #vr #audio.
Please share and comment. Campaign link:



vlrFilter Project #kickstarter

    - New 'LE Audio' Standard Will Be a Game Changer for Hearing Aids - PCMag.com
       More Information

    - NRC VoIP Transition Raises Concerns on IT Modernization Efforts - MeriTalk
       More Information

    - How to Protect Your Hearing With the Apple Watch Noise App - PCMag
       More Information

    - Social Security scam is top fraud targeting seniors - TribLIVE
       More Information

    - Consumers need a clear choice with “deals” to drop landlines - Northeast Valley News
       More Information

    - Eargo Announces the Neo HiFi, Revolutionary New Hearing Loss Solution - PRNewswire
       More Information

    - Analysis on the Hearing Aids Market, Worldwide, 2019-2024 - Featuring Profiles of Key Players Sonova, WS Audiology, Demant, GN Store Nord, and Starkey Hearing Technologies - PRNewswire
       More Information

    - Hearing Aids Market to Reach USD 14.45 Billion by 2026, Exhibiting a CAGR of 7.2% | Fortune Business Insights - PRNewswire
       More Information

    - Hearing Aid World Markets to 2024 by Product Type, Hearing Loss, Patient Type, Technology Type, End-user & Region - PRNewswire
       More Information

    - Appropriations Looks At Budget Adjustments | Letters to the Editor - Yankton Daily Press
       More Information

    - FDA clears Cochlear's innovative new Osia® 2 hearing implant system - PRNewswire
       More Information

    - $7.7 Billion Hearing Aids Markets - Global Forecast to 2023 - PRNewswire
       More Information

    - Strekin AG Secures Financing to Complete Development of STR001 in Sudden Sensorineural Hearing Loss and to Prepare NDA Filing in Europe - PRNewswire
       More Information

    - The global hearing aids market is expected to grow at a CAGR of over 4% during the period 2018-2024 - PRNewswire
       More Information

    - US Parents Worry Popular Technology Use Is Damaging Their Children's Hearing But Still Plan to Purchase Tech Gifts This Holiday Season - PRNewswire
       More Information

    - Hearing Aids Market: Increasing Prevalence of Hearing Loss Worldwide Augments Product Demand, Says TMR - PRNewswire
       More Information

    - Hearing Aids Market - Global Outlook and Forecast 2019-2024: Growing Demand for Wireless & Smart Hearing Aids - PRNewswire
       More Information

    - $1.2Bn Cochlear Implant Market, Outlook to 2023 - Prevalence of Hearing Loss, New & Emerging Systems, Leading Manufacturers - PRNewswire
       More Information

    - HearingLife's National Campaign for Better Hearing Exceeds 2019 Goal and Raises More Than $100,000 for Complimentary Hearing Aids - PRNewswire
       More Information

    - Audeara A-01 Review - PCMag.com
       More Information


    Did you see the #crowdfunding campaign that @whmsoft will start? #tailored #3d #vr #audio. Please share and comment. Campaign link:

    WhmSoft

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  • 3/27   PHOTOS: Fluorescent turtle embryo wins forty-fifth annual Nikon Small World Competition

    The winners of the 45th annual competition showcase a spectacular blend of science and artistry under the microscope.

    The winners of the 45th annual competition showcase a spectacular blend of science and artistry under the microscope.


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  • 4/27   7 tax scams to watch out for this year

    In case wringing your hands over the tax man weren’t enough, criminals are out there trying to swipe your hard-earned cash and personal information from right under your nose.

    In case wringing your hands over the tax man weren’t enough, criminals are out there trying to swipe your hard-earned cash and personal information from right under your nose.


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  • 5/27   Mother Angry After School's Robocall Keeps Mispronouncing Daughter's Name As A Racial Slur

    The daughter's name is Nicarri.

    The daughter's name is Nicarri.


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  • 6/27   What the CIA thinks of your anti-virus program

    PARIS (AP) — Peppering the 8,000 pages of purported Central Intelligence Agency hacking data released Tuesday by WikiLeaks are reviews of some of the world's most popular anti-virus products.

    PARIS (AP) — Peppering the 8,000 pages of purported Central Intelligence Agency hacking data released Tuesday by WikiLeaks are reviews of some of the world's most popular anti-virus products.


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  • 7/27   Avowed Apple Fan Jeb Bush Realizes His Apple Watch Can Take Phone Calls

    Jeb Bush's love of Apple products has been widely documented, and the Republican presidential candidate continues to wear his Apple Watch on the campaign trail. Yesterday, in a meeting with The Des Moines Register editorial board documented by USA Today, Bush stumbled upon a feature he didn’t realize his smartwatch was capable of: taking phone calls. Somehow Bush managed to take a call without picking up his iPhone, and the sound of a person’s voice saying hello breaks through the meeting noise, to which Bush responds, “My watch can’t be talking.”

    Jeb Bush's love of Apple products has been widely documented, and the Republican presidential candidate continues to wear his Apple Watch on the campaign trail. Yesterday, in a meeting with The Des Moines Register editorial board documented by USA Today, Bush stumbled upon a feature he didn’t realize his smartwatch was capable of: taking phone calls. Somehow Bush managed to take a call without picking up his iPhone, and the sound of a person’s voice saying hello breaks through the meeting noise, to which Bush responds, “My watch can’t be talking.”


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  • 8/27   Social media welcomes Pope Francis to the United States

    Pope Francis gets the social media treatment upon arriving in the U.S. Tuesday.  As Pope Francis’s flight touched down in Washington, D.C. on Tuesday, Twitter unveiled a new batch of emojis created for the highly anticipated papal visit.  Until his departure from the United States on Sunday, Twitter users chronicling the Catholic leader’s East Coast journey will be able to include a cartoon image of the Pope’s face in front of the American flag on all Pope-related tweets by using the hashtag #PopeinUS.

    Pope Francis gets the social media treatment upon arriving in the U.S. Tuesday. As Pope Francis’s flight touched down in Washington, D.C. on Tuesday, Twitter unveiled a new batch of emojis created for the highly anticipated papal visit. Until his departure from the United States on Sunday, Twitter users chronicling the Catholic leader’s East Coast journey will be able to include a cartoon image of the Pope’s face in front of the American flag on all Pope-related tweets by using the hashtag #PopeinUS.


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  • 9/27   'Horrifying': Mass burial held for 2,411 fetal remains found in abortion doctor's home
    TECHNOLOGY TOPIC NEWS

    Dr. Ulrich Klopfer, who died Sept. 3 at 79, was one of the Midwest's most prolific abortion doctors. He performed the abortions from 2000 to 2002.

    Dr. Ulrich Klopfer, who died Sept. 3 at 79, was one of the Midwest's most prolific abortion doctors. He performed the abortions from 2000 to 2002.


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  • 10/27   Citizens Announces New Chairman And Vice-Chairman As Well As Board Of Director Changes
    TECHNOLOGY TOPIC NEWS

    Following through on its commitment to refresh Board leadership, Citizens, Inc. (NYSE: CIA) today announced the election of a tenured life insurance executive as its new Chairman of the Board of Directors and the election of an industry respected technology executive as its Vice-Chairman of the Board of Directors, as well as Board of Directors changes.

    Following through on its commitment to refresh Board leadership, Citizens, Inc. (NYSE: CIA) today announced the election of a tenured life insurance executive as its new Chairman of the Board of Directors and the election of an industry respected technology executive as its Vice-Chairman of the Board of Directors, as well as Board of Directors changes.


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  • 11/27   InventHelp Presents Easy-to-Learn Guitar (MTN-3287)
    TECHNOLOGY TOPIC NEWS

    "I am a music player and love playing guitar. I broke my fingers at work, and that made it hard to cover the basic chords," said an inventor from Scarsdale, N.Y. "For this reason, I designed a guitar that is easier to play, especially for beginners and those with limited finger dexterity."

    "I am a music player and love playing guitar. I broke my fingers at work, and that made it hard to cover the basic chords," said an inventor from Scarsdale, N.Y. "For this reason, I designed a guitar that is easier to play, especially for beginners and those with limited finger dexterity."


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  • 12/27   Valentine's roses: Amazon Prime members get two dozen for $19.99 at Whole Foods, online
    TECHNOLOGY TOPIC NEWS

    For Valentine's Day, Amazon and Whole Foods Market have brought back a popular roses' deal. Prime members get two dozen for $19.99 through Friday.

    For Valentine's Day, Amazon and Whole Foods Market have brought back a popular roses' deal. Prime members get two dozen for $19.99 through Friday.


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  • 13/27   Police find body of 6-year-old South Carolina girl missing since Monday
    TECHNOLOGY TOPIC NEWS

    Law enforcement officers have found the body of Faye Marie Swetlik, 6, after days of searching. The case is now being investigated as a homicide.

    Law enforcement officers have found the body of Faye Marie Swetlik, 6, after days of searching. The case is now being investigated as a homicide.


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  • 14/27   Big Oil Warned Trump Team China Trade Deal Was Unrealistic
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- Industry leaders privately warned the Trump administration that the U.S. will struggle to deliver the oil, gas and other energy products that China has committed to buy in a new trade deal, raising additional questions about one of the president’s signature economic achievements.The “phase one” deal signed by President Donald Trump on Jan. 15 calls for China to purchase an additional $52.4 billion in liquefied natural gas, crude oil, refined products and coal over the next two years. To do that, China would have to import an additional 1 million barrels per day of crude oil, 500,000 barrels per day of refined products and 100 tankers full of liquefied natural gas, the American Petroleum Institute cautioned last month in a closed-door meeting with the Energy Department.Those amounts would strain shipping infrastructure and production capacity and would require China to purchase more crude oil than the federal government has predicted the U.S. would add in new production by 2021, the oil industry lobbying group said.“The United States’ ability to expand its exports of crude oil and other liquids would likely become a binding constraint,” API said in its briefing for the Energy Department. And “even if production is available, logistical challenges remain with marine shipping and the Panama Canal.”The warnings were detailed in briefing materials seen by Bloomberg News and confirmed by two people familiar with the late January meeting who asked not to be identified describing a private discussion. The meeting was requested by the Energy Department as the agency sought to understand how the Chinese purchase commitments would affect the U.S. oil and gas industry after the trade pact was inked, the people said.The presentation by an industry viewed as one of the biggest beneficiaries of Trump’s trade deal with China underscores questions about China’s commitment to buy at least $200 billion more in U.S. goods and services over the next two years -- more than double the $187 billion the U.S. exported to the Asian nation in 2017. Doubts have already been raised about the ability of U.S. to rapidly ramp up production of soybeans and other agricultural goods to fulfill the Chinese purchase pledges.“We appreciated the opportunity last month to brief the DOE about the challenges and opportunities that the phase one agreement presents,” API’s senior vice president of policy, economics and regulatory affairs, Frank Macchiarola, said in an emailed statement. “While market conditions suggest more clarity around particular issues is needed, we commend the administration for gathering information from stakeholders to ensure this agreement is implemented successfully.”Spokespeople for the U.S. Trade Representative and the White House didn’t respond to requests for comments.White House chief economic adviser Larry Kudlow struck an optimistic tone Thursday, noting that domestic oil producers can quickly increase production from dense shale formations.“With modern fracking, you just turn that switch on -- boom -- and we’ve seen that time and time again,” Kudlow said. “China wants energy,” he added, and “we will meet their demands.”Oil and gas industry representatives have broadly hailed the trade package, with the API in January proclaiming it “a step in the right direction for U.S. energy.” Other oil and gas leaders also have celebrated the Chinese purchase commitments, with Anne Bradbury, chief executive of the American Exploration and Production Council, saying the phase one deal “helps us plan and invest in critical infrastructure to expand access to global markets while supporting U.S. jobs and economic growth.”Nevertheless, analysts have already warned that logistical and contractual constraints could make it hard for China to make good on its purchase commitments. For instance, a major increase in competing pipeline imports from Russia in the coming years will squeeze liquefied natural gas trade in China. And while there are at least five major U.S. facilities already liquefying natural gas for export -- with others planned -- those multibillion-dollar facilities take years to build and are often subject to long-term purchase contracts.“The government struck a deal that would really strain our existing export infrastructure,” said Dan Eberhart, a Republican financier and chief executive of drilling services company Canary LLC. “Frankly, the oil supply is there, but the administration’s efforts to increase exports are slightly ahead of the pipeline and export terminals capacity.”API offered a similarly sober assessment to the Energy Department, counseling that any ramp-up in Chinese purchases of U.S. crude oil could displace nearly one third of current exports, bid up prices and strain existing shipping capacity, especially over the next two years.Coronavirus OutbreakThe briefing occurred before an industrial shutdown in China caused by the novel coronavirus outbreak that sent oil prices tumbling and led analysts to sharply cut forecasts for global demand this year.The meeting was one of several the Energy Department had with industry representatives ahead of a planned trip to China with Commerce Secretary Wilbur Ross. An Energy Department official said similar discussions were held with a broad range of leaders in coal, LNG and trading in preparation for the trip.A decline in expected oil demand globally and the coronavirus outbreak may mitigate energy industry concerns while also complicating China’s ability to comply with its purchase plans.Virus OutbreakA number of senior Trump administration officials have over the past week said that the virus outbreak will at the very least delay China’s ability to live up to the terms of the buying spree promised in the trade deal. Even then, China hasn’t notified the U.S. that it’s unable to meet its commitments, according to a U.S. agriculture department official Wednesday.Analysts and markets were already skeptical over the deal and the $200 billion in additional purchases of everything from airplanes to crude oil and soybeans that is its centerpiece. Trump has himself said that his own advisers have counseled him that some of the commitments he sought from the Chinese were unrealistic and boasted of his own role in setting higher targets.At the signing ceremony for the deal last month, Trump recounted how he had overruled his own advisers after they agreed to an additional $20 billion in purchases of farm products.“So our people agreed to $20 [billion], and I said, ‘No, make it $50 billion. What difference does it make? Make it $50 billion,” Trump said. “They say, ‘Sir, our farmers can’t produce that much.’ I said, ‘I love our farmers. Let them tell me they can’t do it.’ And I said, ‘Tell them to go out and buy a larger tractor. Buy a little more land.”’(Updates with Kudlow comment in ninth paragraph)\--With assistance from Stephen Cunningham, Jasmine Ng and Jordan Fabian.To contact the reporters on this story: Jennifer A. Dlouhy in Washington at jdlouhy1@bloomberg.net;Shawn Donnan in Washington at sdonnan@bloomberg.net;Nick Wadhams in Washington at nwadhams@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, Elizabeth Wasserman, Steve GeimannFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    (Bloomberg) -- Industry leaders privately warned the Trump administration that the U.S. will struggle to deliver the oil, gas and other energy products that China has committed to buy in a new trade deal, raising additional questions about one of the president’s signature economic achievements.The “phase one” deal signed by President Donald Trump on Jan. 15 calls for China to purchase an additional $52.4 billion in liquefied natural gas, crude oil, refined products and coal over the next two years. To do that, China would have to import an additional 1 million barrels per day of crude oil, 500,000 barrels per day of refined products and 100 tankers full of liquefied natural gas, the American Petroleum Institute cautioned last month in a closed-door meeting with the Energy Department.Those amounts would strain shipping infrastructure and production capacity and would require China to purchase more crude oil than the federal government has predicted the U.S. would add in new production by 2021, the oil industry lobbying group said.“The United States’ ability to expand its exports of crude oil and other liquids would likely become a binding constraint,” API said in its briefing for the Energy Department. And “even if production is available, logistical challenges remain with marine shipping and the Panama Canal.”The warnings were detailed in briefing materials seen by Bloomberg News and confirmed by two people familiar with the late January meeting who asked not to be identified describing a private discussion. The meeting was requested by the Energy Department as the agency sought to understand how the Chinese purchase commitments would affect the U.S. oil and gas industry after the trade pact was inked, the people said.The presentation by an industry viewed as one of the biggest beneficiaries of Trump’s trade deal with China underscores questions about China’s commitment to buy at least $200 billion more in U.S. goods and services over the next two years -- more than double the $187 billion the U.S. exported to the Asian nation in 2017. Doubts have already been raised about the ability of U.S. to rapidly ramp up production of soybeans and other agricultural goods to fulfill the Chinese purchase pledges.“We appreciated the opportunity last month to brief the DOE about the challenges and opportunities that the phase one agreement presents,” API’s senior vice president of policy, economics and regulatory affairs, Frank Macchiarola, said in an emailed statement. “While market conditions suggest more clarity around particular issues is needed, we commend the administration for gathering information from stakeholders to ensure this agreement is implemented successfully.”Spokespeople for the U.S. Trade Representative and the White House didn’t respond to requests for comments.White House chief economic adviser Larry Kudlow struck an optimistic tone Thursday, noting that domestic oil producers can quickly increase production from dense shale formations.“With modern fracking, you just turn that switch on -- boom -- and we’ve seen that time and time again,” Kudlow said. “China wants energy,” he added, and “we will meet their demands.”Oil and gas industry representatives have broadly hailed the trade package, with the API in January proclaiming it “a step in the right direction for U.S. energy.” Other oil and gas leaders also have celebrated the Chinese purchase commitments, with Anne Bradbury, chief executive of the American Exploration and Production Council, saying the phase one deal “helps us plan and invest in critical infrastructure to expand access to global markets while supporting U.S. jobs and economic growth.”Nevertheless, analysts have already warned that logistical and contractual constraints could make it hard for China to make good on its purchase commitments. For instance, a major increase in competing pipeline imports from Russia in the coming years will squeeze liquefied natural gas trade in China. And while there are at least five major U.S. facilities already liquefying natural gas for export -- with others planned -- those multibillion-dollar facilities take years to build and are often subject to long-term purchase contracts.“The government struck a deal that would really strain our existing export infrastructure,” said Dan Eberhart, a Republican financier and chief executive of drilling services company Canary LLC. “Frankly, the oil supply is there, but the administration’s efforts to increase exports are slightly ahead of the pipeline and export terminals capacity.”API offered a similarly sober assessment to the Energy Department, counseling that any ramp-up in Chinese purchases of U.S. crude oil could displace nearly one third of current exports, bid up prices and strain existing shipping capacity, especially over the next two years.Coronavirus OutbreakThe briefing occurred before an industrial shutdown in China caused by the novel coronavirus outbreak that sent oil prices tumbling and led analysts to sharply cut forecasts for global demand this year.The meeting was one of several the Energy Department had with industry representatives ahead of a planned trip to China with Commerce Secretary Wilbur Ross. An Energy Department official said similar discussions were held with a broad range of leaders in coal, LNG and trading in preparation for the trip.A decline in expected oil demand globally and the coronavirus outbreak may mitigate energy industry concerns while also complicating China’s ability to comply with its purchase plans.Virus OutbreakA number of senior Trump administration officials have over the past week said that the virus outbreak will at the very least delay China’s ability to live up to the terms of the buying spree promised in the trade deal. Even then, China hasn’t notified the U.S. that it’s unable to meet its commitments, according to a U.S. agriculture department official Wednesday.Analysts and markets were already skeptical over the deal and the $200 billion in additional purchases of everything from airplanes to crude oil and soybeans that is its centerpiece. Trump has himself said that his own advisers have counseled him that some of the commitments he sought from the Chinese were unrealistic and boasted of his own role in setting higher targets.At the signing ceremony for the deal last month, Trump recounted how he had overruled his own advisers after they agreed to an additional $20 billion in purchases of farm products.“So our people agreed to $20 [billion], and I said, ‘No, make it $50 billion. What difference does it make? Make it $50 billion,” Trump said. “They say, ‘Sir, our farmers can’t produce that much.’ I said, ‘I love our farmers. Let them tell me they can’t do it.’ And I said, ‘Tell them to go out and buy a larger tractor. Buy a little more land.”’(Updates with Kudlow comment in ninth paragraph)\--With assistance from Stephen Cunningham, Jasmine Ng and Jordan Fabian.To contact the reporters on this story: Jennifer A. Dlouhy in Washington at jdlouhy1@bloomberg.net;Shawn Donnan in Washington at sdonnan@bloomberg.net;Nick Wadhams in Washington at nwadhams@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, Elizabeth Wasserman, Steve GeimannFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.


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  • 15/27   Leaner, More Agile Teva Has Brighter Days Ahead
    TECHNOLOGY TOPIC NEWS

    Company has cut $3 billion in expenses and has high hopes for two key drugs Continue reading...

    Company has cut $3 billion in expenses and has high hopes for two key drugs Continue reading...


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  • 16/27   Bombardier Speeds Dismemberment with A220 Deal, Other Talks
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- Bombardier Inc., which once made everything from snowmobiles to commercial jets, is poised to become a shadow of its former self as the Canadian manufacturer accelerates asset sales to reduce debt.The company is completing its exit from commercial aerospace with the sale of its stake in the Airbus SE A220 program, once known as the C Series, to the European planemaker. Bombardier said in a statement it is also pursuing other “strategic options to accelerate deleveraging.” The company is near a deal to sell its rail-equipment unit to Alstom SA, Bloomberg News reported.“The C Series was a cash drain,” Bombardier Chief Executive Officer Alain Bellemare, said in a call with analysts Thursday. “The strategy was always to exit commercial aircraft while protecting jobs. We’ve done that in a very responsible matter. We are now with two very strong businesses and we are continuing to look at our options to see if we can continue deleveraging.”The dismembering positions Montreal-based Bombardier to retain only its private-jet division -- while giving it a path to taming a $10 billion debt load. The company’s 7.85% bonds due 2027 climbed 3.8 cents to 103.3 cents on the dollar, yielding 7.3%, according to Trace data. Shares rose 0.6% to C$1.58 in Toronto at 2:39 p.m.But for all its financial soundness, Bombardier’s exit from its marquee project marks the end of ambitious plans that once were a source of pride in the largely francophone province. The A220 won praise for fuel-efficient engines, composite wings and an airy cabin featuring large windows. But the plane ran more than two years late and about $2 billion over budget, and had trouble attracting buyers in an industry dominated by Airbus and Boeing Co.And there’s likely more divestitures to come. Alstom and Bombardier could reach an agreement as early as this week, though talks could still be delayed or fall apart, according to people familiar with the matter. Alstom could pay about 7 billion euros ($7.6 billion) for the rail business, Handelsblatt reported earlier, without saying where it got the information. Bombardier is also exploring the sale of its corporate-jet operation to Textron Inc., maker of Cessna planes, the Wall Street Journal reported Feb. 4.The Montreal-based company sold its turboprop-plane business to Longview Aviation Capital Corp. last year, and has agreements in place to offload its regional-jet operation and a wing plant in Northern Ireland. Those deals are on track to close in the first half of 2020, the company said in a statement Thursday as it reported a loss in line with expectations.Show MeAirbus is paying $591 million to Bombardier to raise its stake to 75%. That, combined with the other aerospace divestitures, will bring in more than $1.6 billion in cash and eliminate almost $2 billion in liabilities, according to the statement.Bombardier is seeking to reduce its debt to about $4 billion by the end of this year, chief financial officer John Di Bert said on the conference call.With positive free cash flow and the A220 divestiture, there are some positive elements for this “show me” story, Stephen Trent and Brian Roberts, analysts at Citigroup Global Markets, said.“Assuming that this smaller company now generates cash, it remains to be seen whether Bombardier further monetizes its remaining businesses, a potential positive catalyst – and a $52.1 billion firm order book might be a good place to start the conversation,” the analysts said.Cash NeedsThe deal keeps about 3,300 Airbus jobs in Quebec while boosting the provincial government’s share in the A220 to 25% from 16% for no cash. Economy Minister Pierre Fitzgibbon told reporters the government kept its promise not to add to the $1 billion the previous administration had poured into the plane less than four years ago and is under no obligation to add more money into the program.Quebec will however, book a charge of about C$600 million ($452 million) from its books to reflect the declining value of its investment and will reassess it yearly until it sells the stake in 2026, a new date that was part of the deal. It hopes to recoup it then.“Everybody likes the plane, orders are higher than ever,” Fitzgibbon said in an interview. “It’s not being utopian, on the contrary, to believe we’ll get our money back.”For now though, the A220 faces upcoming cash needs of up to $1.5 billion in the next three to four years, according to the minister. The venture will need to borrow and Airbus will be the sole guarantor if necessary, he said.Caisse Holding“We are incredibly proud of the many achievements and tremendous impact Bombardier had on the commercial aviation industry,” Bellemare said in the statement. “We are equally proud of the responsible way in which we have exited commercial aerospace, preserving jobs and reinforcing the aerospace cluster in Quebec and Canada.Any rail deal will also get Quebec involved as the Caisse de Depot et Placement du Quebec, the province’s influential pension fund manager, owns part of the Berlin-based train business. It spent $1.5 billion in 2016 for the 30% stake. That’s now grown into a 32.5% holding after the unit’s results failed to reach the targets underlying Caisse’s investment, Bombardier said Thursday.Bombardier reported an adjusted loss of 10 cents. Sales fell 2.3% to $4.21 billion. Analysts had expected $4.23 billion.(Updates with Quebec charge, minister interview starting in 13th paragraph.)\--With assistance from Divya Balji.To contact the reporters on this story: Sandrine Rastello in Montreal at srastello@bloomberg.net;Paula Sambo in Toronto at psambo@bloomberg.netTo contact the editors responsible for this story: Brendan Case at bcase4@bloomberg.net, Jacqueline ThorpeFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    (Bloomberg) -- Bombardier Inc., which once made everything from snowmobiles to commercial jets, is poised to become a shadow of its former self as the Canadian manufacturer accelerates asset sales to reduce debt.The company is completing its exit from commercial aerospace with the sale of its stake in the Airbus SE A220 program, once known as the C Series, to the European planemaker. Bombardier said in a statement it is also pursuing other “strategic options to accelerate deleveraging.” The company is near a deal to sell its rail-equipment unit to Alstom SA, Bloomberg News reported.“The C Series was a cash drain,” Bombardier Chief Executive Officer Alain Bellemare, said in a call with analysts Thursday. “The strategy was always to exit commercial aircraft while protecting jobs. We’ve done that in a very responsible matter. We are now with two very strong businesses and we are continuing to look at our options to see if we can continue deleveraging.”The dismembering positions Montreal-based Bombardier to retain only its private-jet division -- while giving it a path to taming a $10 billion debt load. The company’s 7.85% bonds due 2027 climbed 3.8 cents to 103.3 cents on the dollar, yielding 7.3%, according to Trace data. Shares rose 0.6% to C$1.58 in Toronto at 2:39 p.m.But for all its financial soundness, Bombardier’s exit from its marquee project marks the end of ambitious plans that once were a source of pride in the largely francophone province. The A220 won praise for fuel-efficient engines, composite wings and an airy cabin featuring large windows. But the plane ran more than two years late and about $2 billion over budget, and had trouble attracting buyers in an industry dominated by Airbus and Boeing Co.And there’s likely more divestitures to come. Alstom and Bombardier could reach an agreement as early as this week, though talks could still be delayed or fall apart, according to people familiar with the matter. Alstom could pay about 7 billion euros ($7.6 billion) for the rail business, Handelsblatt reported earlier, without saying where it got the information. Bombardier is also exploring the sale of its corporate-jet operation to Textron Inc., maker of Cessna planes, the Wall Street Journal reported Feb. 4.The Montreal-based company sold its turboprop-plane business to Longview Aviation Capital Corp. last year, and has agreements in place to offload its regional-jet operation and a wing plant in Northern Ireland. Those deals are on track to close in the first half of 2020, the company said in a statement Thursday as it reported a loss in line with expectations.Show MeAirbus is paying $591 million to Bombardier to raise its stake to 75%. That, combined with the other aerospace divestitures, will bring in more than $1.6 billion in cash and eliminate almost $2 billion in liabilities, according to the statement.Bombardier is seeking to reduce its debt to about $4 billion by the end of this year, chief financial officer John Di Bert said on the conference call.With positive free cash flow and the A220 divestiture, there are some positive elements for this “show me” story, Stephen Trent and Brian Roberts, analysts at Citigroup Global Markets, said.“Assuming that this smaller company now generates cash, it remains to be seen whether Bombardier further monetizes its remaining businesses, a potential positive catalyst – and a $52.1 billion firm order book might be a good place to start the conversation,” the analysts said.Cash NeedsThe deal keeps about 3,300 Airbus jobs in Quebec while boosting the provincial government’s share in the A220 to 25% from 16% for no cash. Economy Minister Pierre Fitzgibbon told reporters the government kept its promise not to add to the $1 billion the previous administration had poured into the plane less than four years ago and is under no obligation to add more money into the program.Quebec will however, book a charge of about C$600 million ($452 million) from its books to reflect the declining value of its investment and will reassess it yearly until it sells the stake in 2026, a new date that was part of the deal. It hopes to recoup it then.“Everybody likes the plane, orders are higher than ever,” Fitzgibbon said in an interview. “It’s not being utopian, on the contrary, to believe we’ll get our money back.”For now though, the A220 faces upcoming cash needs of up to $1.5 billion in the next three to four years, according to the minister. The venture will need to borrow and Airbus will be the sole guarantor if necessary, he said.Caisse Holding“We are incredibly proud of the many achievements and tremendous impact Bombardier had on the commercial aviation industry,” Bellemare said in the statement. “We are equally proud of the responsible way in which we have exited commercial aerospace, preserving jobs and reinforcing the aerospace cluster in Quebec and Canada.Any rail deal will also get Quebec involved as the Caisse de Depot et Placement du Quebec, the province’s influential pension fund manager, owns part of the Berlin-based train business. It spent $1.5 billion in 2016 for the 30% stake. That’s now grown into a 32.5% holding after the unit’s results failed to reach the targets underlying Caisse’s investment, Bombardier said Thursday.Bombardier reported an adjusted loss of 10 cents. Sales fell 2.3% to $4.21 billion. Analysts had expected $4.23 billion.(Updates with Quebec charge, minister interview starting in 13th paragraph.)\--With assistance from Divya Balji.To contact the reporters on this story: Sandrine Rastello in Montreal at srastello@bloomberg.net;Paula Sambo in Toronto at psambo@bloomberg.netTo contact the editors responsible for this story: Brendan Case at bcase4@bloomberg.net, Jacqueline ThorpeFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.


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  • 17/27   Emerson says it will not pursue a break-up following review
    TECHNOLOGY TOPIC NEWS

    Breaking up Emerson was one of the demands made by hedge fund D.E. Shaw & Co LP last October, when it announced it owned more than 1% of the company.  Emerson unveiled some corporate governance changes in November that won D.E. Shaw's endorsement and avoided a challenge to its board.  A spokesman for D.E. Shaw declined to comment on Thursday on whether the hedge fund remains an Emerson shareholder and what its reaction to the company's announcement was.

    Breaking up Emerson was one of the demands made by hedge fund D.E. Shaw & Co LP last October, when it announced it owned more than 1% of the company. Emerson unveiled some corporate governance changes in November that won D.E. Shaw's endorsement and avoided a challenge to its board. A spokesman for D.E. Shaw declined to comment on Thursday on whether the hedge fund remains an Emerson shareholder and what its reaction to the company's announcement was.


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  • 18/27   U.S. judge orders temporary halt to Microsoft's work on Pentagon's JEDI contract
    TECHNOLOGY TOPIC NEWS

    A U.S. judge on Thursday granted Amazon.com Inc's request for a preliminary injunction to pause the U.S. Department of Defense and Microsoft Corp from moving forward on an up-to-$10 billion cloud computing deal.  Judge Patricia E. Campbell-Smith made public her order but did release a sealed opinion accompanying the decision.  Earlier this week, Amazon's Amazon Web Services unit said it was seeking to depose President Donald Trump and Defense Secretary Mark Esper in its lawsuit over whether the president was trying 'to screw Amazon' over the contract.

    A U.S. judge on Thursday granted Amazon.com Inc's request for a preliminary injunction to pause the U.S. Department of Defense and Microsoft Corp from moving forward on an up-to-$10 billion cloud computing deal. Judge Patricia E. Campbell-Smith made public her order but did release a sealed opinion accompanying the decision. Earlier this week, Amazon's Amazon Web Services unit said it was seeking to depose President Donald Trump and Defense Secretary Mark Esper in its lawsuit over whether the president was trying 'to screw Amazon' over the contract.


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  • 19/27   Judge halts Microsoft work on JEDI contract after AWS request
    TECHNOLOGY TOPIC NEWS

    A sealed order from a judge today has halted the $10 billion, decade long JEDI project in its tracks until AWS's protest of the contract award to Microsoft  can be heard by the court.  The judge was not taking this lightly, adding that Amazon  would have to put up $42 million bond to cover costs should it prove that the motion was filed wrongfully.  Given Amazon's value as of today is $1.08 trillion, they can probably afford to put up the money, but they must provide it by February 20th, and the court gets to hold the funds until a final determination has been made.

    A sealed order from a judge today has halted the $10 billion, decade long JEDI project in its tracks until AWS's protest of the contract award to Microsoft can be heard by the court. The judge was not taking this lightly, adding that Amazon would have to put up $42 million bond to cover costs should it prove that the motion was filed wrongfully. Given Amazon's value as of today is $1.08 trillion, they can probably afford to put up the money, but they must provide it by February 20th, and the court gets to hold the funds until a final determination has been made.


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  • 20/27   Kay Anderle, Jesse Gessin and Chase Scolnick named to list of "Southern California Super Lawyers"
    TECHNOLOGY TOPIC NEWS

    Keller/Anderle LLP is pleased to announce the selection of Kay Anderle, Jesse Gessin and Chase Scolnick to the 2020 edition of "Southern California Super Lawyers."

    Keller/Anderle LLP is pleased to announce the selection of Kay Anderle, Jesse Gessin and Chase Scolnick to the 2020 edition of "Southern California Super Lawyers."


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  • 21/27   Pentagon seeks to cut F-35s, other equipment to pay for Trump’s border wall
    TECHNOLOGY TOPIC NEWS

    The department would reprogram $3.8 billion in fiscal year 2020 funds, largely from procurement accounts.

    The department would reprogram $3.8 billion in fiscal year 2020 funds, largely from procurement accounts.


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  • 22/27   Brussels seeks to bring home children of Belgian jihadists in Syria
    TECHNOLOGY TOPIC NEWS

    Belgium is working to bring home all children of Belgian jihadists held in refugee camps in Syria, providing their mothers' consent, the country's top diplomat told AFP on Thursday.  Brussels first wants the Kurds, who control the camps, to know that it wants to take back all children of Belgian nationality, said Goffin, who also holds Belgium's defense portfolio.  Goffin visited a camp for Syrian refugees in Jordan, which he said are nothing like the 'appalling' condition of the camps in Syria.

    Belgium is working to bring home all children of Belgian jihadists held in refugee camps in Syria, providing their mothers' consent, the country's top diplomat told AFP on Thursday. Brussels first wants the Kurds, who control the camps, to know that it wants to take back all children of Belgian nationality, said Goffin, who also holds Belgium's defense portfolio. Goffin visited a camp for Syrian refugees in Jordan, which he said are nothing like the 'appalling' condition of the camps in Syria.


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  • 23/27   Eight Republicans join Democrats to pass Senate measure to limit President Trump's war powers against Iran
    TECHNOLOGY TOPIC NEWS

    In a rare rebuke, a handful of Senate Republicans broke with Trump to support a resolution requiring congressional approval for a strike against Iran.

    In a rare rebuke, a handful of Senate Republicans broke with Trump to support a resolution requiring congressional approval for a strike against Iran.


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  • 24/27   Half of U.S. deaths related to air pollution are from out-of-state emissions
    TECHNOLOGY TOPIC NEWS

    According to a new study, over half of all air-quality-related early deaths in the U.S. are due to pollution emissions from outside of the state.

    According to a new study, over half of all air-quality-related early deaths in the U.S. are due to pollution emissions from outside of the state.


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  • 25/27   SoCalGas Announces Support for Public Utilities Commission Creation of Biomethane Incentive Reservation System
    TECHNOLOGY TOPIC NEWS

    Southern California Gas Co. (SoCalGas) today announced support for the California Public Utilities Commission (CPUC) new Incentive Reservation System for the CPUC biomethane monetary incentive program. The reservation system will help increase transparency about available incentive funding for biomethane interconnection projects in the state. Currently, there is about $32 million in funding available through the incentive program. This money is available for eligible projects on a "first come, first served" basis through December 31, 2026 or until the money runs out, whichever occurs first.

    Southern California Gas Co. (SoCalGas) today announced support for the California Public Utilities Commission (CPUC) new Incentive Reservation System for the CPUC biomethane monetary incentive program. The reservation system will help increase transparency about available incentive funding for biomethane interconnection projects in the state. Currently, there is about $32 million in funding available through the incentive program. This money is available for eligible projects on a "first come, first served" basis through December 31, 2026 or until the money runs out, whichever occurs first.


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  • 26/27   SEC Urged to Seek More Disclosure When Investors Tout Short Bets
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- A group of law professors is asking the U.S. Securities and Exchange Commission to require that traders who publicize their intent to drive down a company’s share price be more transparent when backing off those bets to avoid market losses.The request that the SEC seek more disclosure by short sellers, sent to the agency on Wednesday, cited an increase in so-called negative activism, in which traders sometimes use fake names to disseminate adverse views of a company.“The commission should vigilantly ensure that short position disclosure, when voluntarily initiated by a short seller, remains truthful and accurate,” the professors said in a petition lead written by Columbia University professors John C. Coffee and Joshua Mitts. “When a short seller has chosen to disclose a short position, failure to disclose that the position has been closed is doubly misleading,” they wrote, noting that they’re not advocating mandatory reporting of all shorts.To illustrate the need for more disclosure, the professors highlighted whistle-blower Harry Markopolos’s report accusing General Electric Co. of accounting fraud, which drove down the company’s shares in August of last year. Markopolos, who rose to prominence by calling attention to Bernard Madoff’s Ponzi scheme before it became public, said that he was working with a midsize hedge fund that was shorting GE, but the firm’s identity was never disclosed.The report doesn’t accuse Markopolos of violating the law or intending to manipulate the market, but the professors argue that more information should have been shared about the hedge fund’s position in GE stock and derivatives.Markopolos didn’t immediately respond to a request for comment sent via LinkedIn.GE dismissed the claims at the time as “meritless,” and Chief Executive Officer Larry Culp called the report “market manipulation, pure and simple.” GE shares subsequently recovered.The SEC rarely passes rules based on outside petitions, but such letters can serve as the basis for policy discussions that lead to changes. The professors’ request is notable because it calls for action in the thorny area of regulating short-sellers, a frequent nemesis of corporate executives such as Tesla Inc.’s Elon Musk.“This petition raises critical issues for ordinary investors, and I urge the commission to help us find the best path forward,” said Robert Jackson Jr., who’s leaving his seat on the commission this week to return to New York University as a law professor.Judy Burns, an SEC spokeswoman, declined to comment.To contact the reporters on this story: Matt Robinson in New York at mrobinson55@bloomberg.net;Ben Bain in Washington at bbain2@bloomberg.netTo contact the editors responsible for this story: Gregory Mott at gmott1@bloomberg.net, Steve GeimannFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    (Bloomberg) -- A group of law professors is asking the U.S. Securities and Exchange Commission to require that traders who publicize their intent to drive down a company’s share price be more transparent when backing off those bets to avoid market losses.The request that the SEC seek more disclosure by short sellers, sent to the agency on Wednesday, cited an increase in so-called negative activism, in which traders sometimes use fake names to disseminate adverse views of a company.“The commission should vigilantly ensure that short position disclosure, when voluntarily initiated by a short seller, remains truthful and accurate,” the professors said in a petition lead written by Columbia University professors John C. Coffee and Joshua Mitts. “When a short seller has chosen to disclose a short position, failure to disclose that the position has been closed is doubly misleading,” they wrote, noting that they’re not advocating mandatory reporting of all shorts.To illustrate the need for more disclosure, the professors highlighted whistle-blower Harry Markopolos’s report accusing General Electric Co. of accounting fraud, which drove down the company’s shares in August of last year. Markopolos, who rose to prominence by calling attention to Bernard Madoff’s Ponzi scheme before it became public, said that he was working with a midsize hedge fund that was shorting GE, but the firm’s identity was never disclosed.The report doesn’t accuse Markopolos of violating the law or intending to manipulate the market, but the professors argue that more information should have been shared about the hedge fund’s position in GE stock and derivatives.Markopolos didn’t immediately respond to a request for comment sent via LinkedIn.GE dismissed the claims at the time as “meritless,” and Chief Executive Officer Larry Culp called the report “market manipulation, pure and simple.” GE shares subsequently recovered.The SEC rarely passes rules based on outside petitions, but such letters can serve as the basis for policy discussions that lead to changes. The professors’ request is notable because it calls for action in the thorny area of regulating short-sellers, a frequent nemesis of corporate executives such as Tesla Inc.’s Elon Musk.“This petition raises critical issues for ordinary investors, and I urge the commission to help us find the best path forward,” said Robert Jackson Jr., who’s leaving his seat on the commission this week to return to New York University as a law professor.Judy Burns, an SEC spokeswoman, declined to comment.To contact the reporters on this story: Matt Robinson in New York at mrobinson55@bloomberg.net;Ben Bain in Washington at bbain2@bloomberg.netTo contact the editors responsible for this story: Gregory Mott at gmott1@bloomberg.net, Steve GeimannFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.


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  • 27/27   Trump administration aims to protect GPS with new exec order
    TECHNOLOGY TOPIC NEWS

    GPS spoofing, where the signals from GPS satellites are spoofed to send false data, can prevent devices from getting an accurate location or any location at all.  In addition to more direct attacks on GPS, the monopoly of the U.S. GPS system is also under increasing strain.  China has launched its own satellite system known as Beidou, and other countries like Russia, Japan, and India as well as the European Union are increasingly attempting to augment America’s system with their own technology.

    GPS spoofing, where the signals from GPS satellites are spoofed to send false data, can prevent devices from getting an accurate location or any location at all. In addition to more direct attacks on GPS, the monopoly of the U.S. GPS system is also under increasing strain. China has launched its own satellite system known as Beidou, and other countries like Russia, Japan, and India as well as the European Union are increasingly attempting to augment America’s system with their own technology.


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