Japan's Sharp considering US$1.15b public offering: report






TOKYO: Embattled Japanese electronics firm Sharp is considering making a public share offering worth more than 100 billion yen ($1.15 billion) early this year, a report said Tuesday.

The public offering could take place in the spring with the firm hoping to use the funds to strengthen its mainstay liquid crystal display (LCD) business and improve its creditworthiness, the Yomiuri Shimbun newspaper said.

Sharp has started talks with major creditor banks and wants to include the capital increase scheme in a mid-term business plan to be announced as early as February, the mass-circulation daily said without naming its sources.

The cash-strapped company said in December it had struck a 9.9-billion-yen capital injection deal with US-based chipmaker Qualcomm as it moves to repair its tattered balance sheet.

The Qualcomm deal will see the pair jointly develop energy-efficient LCD panels for smartphones using the Japanese firm's technology, with the US company initially getting about 2.64 per cent of Sharp's stock.

Japan's battered electronics sector has suffered from a myriad of problems including a high yen, slowing demand in key export markets, fierce overseas competition and strategic mistakes that left its finances in ruins.

Sharp has suffered a series of credit rating downgrades and warned it expects to lose about $5.6 billion in the fiscal year to March 2013.

The Osaka-based maker of Aquos-brand electronics has announced thousands of job losses while cutting wages for employees -- from the factory floor to the boardroom -- and selling real estate to shore up its balance sheet.

Sharp said last year it had reached a capital injection deal worth about $800 million with Taiwan's Hon Hai Precision, which makes Apple gadgets in China, but the deal stalled as Sharp's share price nosedived.

-AFP/ac



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Reddit's visitors skyrocket in 2012 with 37 billion page views



Whether readers want to learn the complexities of how the Mars Curiosity rover was able to enter the Red Planet's atmosphere or just see photos of cats being weird, they can go to Reddit. The social news site announced today its end-of-year stats and it appears that users are frequenting the site at an ever-increasing rate.

Reddit revealed that in 2012 it received 37 billion page views, 400 million unique visitors, and 30 million posts -- not bad for one of the most simple Web sites on the Internet.

The site's user population has skyrocketed since its inception. According to The Next Web, Reddit achieved 1 billion monthly page views in February 2011 and by December of that year it more than doubled that number. By October 2012, the site recorded more than 3.8 billion monthly page views and more than 46 million unique visitors.

The huge increase in traffic means Reddit has had to add more servers and other equipment and bring in more staff to maintain its site. This growth has forced it to spend money to keep up with the flow, while also promoting paid subscriptions and advertising.

One of the ways Reddit has driven more traffic to its site this past year is by hosting high-level AMAs, or "ask me anything" sessions. In August, Reddit hosted President Barack Obama, whose impromptu hour-long interview crippled the site's servers. Reddit has also done AMAs with the Mars Curiosity rover team, Gangnam Style's PSY, and U.S. Rep. Zoe Lofgren who asked users for ideas on a bill to protect Web sites accused of copyright violations.

Here are Reddit's top 10 posts of 2012 by page view:

  1. I am Barack Obama, President of the United States -- AMA (5,598,171 page views)

  2. What's your "picture you can't see without laughing"? (2,450,140 page views)

  3. What's your favorite picture on the whole Internet? (2,148,400 page views)

  4. Reddit, what do you look like before and after makeup? Is there a real difference? (2,142,071 page views)

  5. Today, a homeless looking man handed me $50 and this note. Do any of you have any idea what it means? (1,756,748 page views)

  6. What GIF makes you laugh every single time? (1,749,185 page views)

  7. I've been playing the same game of Civilization II for almost 10 years. This is the result. (1,651,956 page views)

  8. I am South Korean Singer, Rapper, Composer, Dancer and Creator of Gangnam Style PSY. AMA (1,514,034 page views)

  9. What's your secret that could literally ruin your life if it came out? (1,482,935 page views)

  10. I'm Snoop Lion! Ask me anything!! (1,467,071 page views)

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Space Pictures This Week: Ice “Broccoli,” Solar Storm









































































































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Senate Approves 'Fiscal Cliff' Deal, Sends to House












Hours past a self-imposed deadline for action, the Senate passed legislation early New Year's Day to neutralize a fiscal cliff combination of across-the-board tax increases and spending cuts that kicked in at midnight. The pre-dawn vote was a lopsided 89-8.



Senate passage set the stage for a final showdown in the House, where a vote was expected later Tuesday or perhaps Wednesday on the measure, which also raises tax rates on wealthy Americans.



Even by the recent dysfunctional standards of government-by-gridlock, the activity at both ends of historic Pennsylvania Avenue was remarkable as the administration and lawmakers spent the final hours of 2012 haggling over long-festering differences.



"It shouldn't have taken this long to come to an agreement, and this shouldn't be the model for how we do things around here," said Senate Republican leader Mitch McConnell, who negotiated the agreement with Vice President Joe Biden.



Shortly after the Senate vote, President Barack Obama said, "While neither Democrats nor Republicans got everything they wanted, this agreement is the right thing to do for our country and the House should pass it without delay."



Under the deal, taxes would remain steady for the middle class and rise at incomes over $400,000 for individuals and $450,000 for couples — levels higher than Obama had campaigned for in his successful drive for a second term in office.





Spending cuts totaling $24 billion over two months aimed at the Pentagon and domestic programs would be deferred. That would allow the White House and lawmakers time to regroup before plunging very quickly into a new round of budget brinkmanship certain to revolve around Republican calls to rein in the cost of Medicare and other government benefit programs.



Officials also decided at the last minute to use the measure to prevent a $900 pay raise for lawmakers due to take effect this spring.



"One thing we can count on with respect to this Congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second," the president said in a mid-afternoon status update on the talks. Yet when the roll was called nearly 12 hours later, only six Republicans and two Democrats opposed the measure.



As darkness fell on the last day of the year, Obama, Biden and their aides were at work in the White House, and lights burned in the House and Senate. Democrats complained that Obama had given away too much in agreeing to limit tax increases to incomes over $450,000, far above the $250,000 level he campaigned on. Yet some Republicans recoiled at the prospect of raising taxes at all.



Democratic senators said they expected a post-midnight vote on the measure. They spoke after a closed-door session with Vice President Joseph Biden, who brokered the deal with Senate Republican leader Mitch McConnell.



"The argument is that this is the best that can be done on a bipartisan basis," said Sen. Dianne Feinstein, D-Calif., when asked about the case the vice president had delivered behind closed doors.



Passage would send the measure to the House, where Speaker John Boehner, R-Ohio, refrained from endorsing a package as yet unseen by his famously rebellious rank-and-file. He said the House would not vote on any Senate-passed measure "until House members — and the American people — have been able to review" it.





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2013 Smart Guide: Curiosity to reach Mars mother lode









































Read more: "2013 Smart Guide: 10 ideas that will shape the year"











NASA'S Curiosity rover is about to have its cake and eat it too. Around September, the rover should get its first taste of layered sediments at Aeolis Mons, a mountain over 5 kilometres tall that may hold preserved signs of life on Mars.












Previous rovers uncovered ample evidence of ancient water, a key ingredient for life as we know it. With its sophisticated on-board chemistry lab, Curiosity is hunting for more robust signs of habitability, including organic compounds - the carbon-based building blocks of life as we know it.













Observations from orbit show that the layers in Aeolis Mons - also called Mount Sharp - contain minerals thought to have formed in the presence of water. That fits with theories that the rover's landing site, Gale crater, was once a large lake. Even better, the layers were probably laid down quickly enough that the rocks could have held on to traces of microorganisms, if they existed there.


















If the search for organics turns up empty, Aeolis Mons may hold other clues to habitability, says project scientist John Grotzinger of the California Institute of Technology in Pasadena. The layers will reveal which minerals and chemical processes were present in Mars's past. "We're going to find all kinds of good stuff down there, I'm sure," he says.











Curiosity will explore a region called Glenelg until early February, and then hit the gas. The base of the mountain is 10 kilometres away, and the rover can drive at about 100 metres a day at full speed. The journey should take between six and nine months, but will include stops to check out any interesting landmarks. After all, some of the most exciting discoveries from Mars rovers were a result of serendipity.













"It's a discovery-driven mission," Grotzinger says. "We picked this site because we wanted to go to Mount Sharp. But we'll kind of follow our nose, and see where it leads us off on side trails."




















































If you would like to reuse any content from New Scientist, either in print or online, please contact the syndication department first for permission. New Scientist does not own rights to photos, but there are a variety of licensing options available for use of articles and graphics we own the copyright to.




































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India's trauma turns to anger at gang-rape killing






NEW DELHI: Horror at a deadly gang-rape that appalled India has turned to anger in New Delhi, where a leaden-footed government is accused of being out of touch and out of ideas in handling its latest crisis.

On Sunday evening, as dusk descended on an area of the Indian capital where protesters have assembled daily since the December 16 rape of a 23-year-old medical student, a group ran through the crowd with an effigy.

It depicted Sheila Dikshit, the 74-year-old chief minister of New Delhi blamed by many for failing to prevent Delhi becoming known as India's "rape capital".

The victim was repeatedly raped and violated with an iron bar on a bus before being thrown off the moving vehicle. She suffered horrific injuries and died on Saturday.

"Tomorrow it could be my sister or me," Soumya Tandon, a 26-year-old marketing executive, told AFP. "I take a bus from near my office and every day my mother is worried if I will reach home safely. Why should we live in constant fear?"

Under the watchful eye of hundreds of riot police, Dikshit's effigy was burnt to cheers, underlining the ugly mood among young urban voters who are increasingly vocal in denouncing their leaders as too old and too complacent.

"We are the future of this nation, they need to connect with us," said 32-year-old Mayuri Goswami, a chartered accountant carrying a banner that read "Time to engage, not disconnect. Wake up, leaders".

"They need to involve us more, try and understand our emotions and anger," he said.

Dikshit, who once said a female journalist murdered in Delhi should not have been so "adventurous" as to be out on her own late at night, is not the only target amid a chorus of calls for change.

Prime Minister Manmohan Singh, an 80-year-old former academic who struggles to connect with voters, called for "dispassionate debate" in a brief statement after the woman's death as the nation was consumed by grief.

As politicians of all stripes struggled to measure the mood and find the right language, the Minister for Women Krishna Tirath failed to make herself heard.

Heavy-handed policing and insensitive comments only stirred more anger.

The president's son, Abhjit Mukherjee, called the protesters "painted ladies", while others blamed provocative clothing and suggested withdrawing skirts at school to curb harassment.

Another protester's poster took aim at Rahul Gandhi, the 41-year-old "youth leader" of the ruling Congress party who is expected to be a prime ministerial candidate in 2014 national elections.

The aloof Oxford graduate -- the latest in the Gandhi political dynasty -- has made few public comments on the crime, which brought simmering anger over widespread abuse of women to boiling point.

"I am not Rahul Gandhi. I have guts to save my sisters," read one banner.

Commentary on the victim's ordeal has tended to place the assault at the centre of forces churning up one of the world's most diverse countries.

Economic growth of nearly 10 percent over the last decade has led to hectic urbanisation that has brought changed moral codes and lifestyles, a more global outlook and globalised trends, as well as simmering class and gender tensions.

Many reasons have been posited for the assault, a commonplace crime in India. A recent poll found it to be the worst in the G20 group of nations for women because of infanticide, child marriage and abuse.

Analysis has focused on India's deeply patriarchal society, in which misogyny runs deep and women are at best second-class citizens and at worst mere objects to be owned, enjoyed or abused by men.

But did the country's gender imbalance as a result of female foeticide play a role? And what about frustration among young Indians in an increasingly sexualised society?

"In our attitudes to sex, we are midway between the liberal democracies of the West and fundamentalist Islamic societies," wrote Palash Krishna Mehrotra, author of "The Butterfly Generation", this week.

In the "old versus new" narrative, most analysts agree that the scandal highlighted the growing battle line between young middle-class urban India -- the future of the country -- and a government still run by men of pensionable age.

Madhuresh Kumar of the non-profit National Alliance of People's Movement, says the protesters represent a new kind of movement which is urban and rooted in globalised, aspirational India.

"This class was till now complacent in its material prosperity," Kumar told AFP.

The millions who protested last year, when anti-corruption campaigner Anna Hazare ignited a national campaign against graft, had a similar profile.

Then as now, a political class seen as unable or unwilling to improve India was widely pilloried as failing to respond to a young population yearning for wealth and security.

- AFP/al



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Yahoo completes withdrawal from South Korean market




As it promised earlier this year, Yahoo has completed its exit from the South Korean market before the end of the year, according to a brief report by the Yonhap News Agency.


Yahoo announced its intention in October to withdraw from the country, saying that the move was a response to "efforts to streamline operations and focus our resources on building a stronger global business that's set up for long-term growth and success."


The South Korean unit, which had been in operation since 1997, consisted of about 200 employees, delivered editorial content and handled the company's advertising efforts in that country. Yahoo's market share in South Korea has been on the decline as users increasingly used competing Web portals, like Naver and Daum.




"The Korean operation has faced growing challenges over the past few years that now make scaling our business very difficult," Yahoo said in a statement in October.


Yahoo isn't the only company having trouble competing in South Korea. Motorola Mobility plans to close "most" of its operations in the country by 2013, according to a leaked internal memo. After long struggling with low handset sales in the Asian country, phone maker HTC closed its doors in South Korea in July.



(Via TNW)


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How to Banish That New Year's Eve Hangover


For those of us who enjoy the occasional cocktail, the holiday season would be incomplete without certain treats of the liquid variety. Some look forward to the creamy charms of rum-laced eggnog; others anticipate cupfuls of high-octane punch or mugs of warm, spiced wine.

No matter what's in your glass, raising one as the year winds down is tradition. What could be more festive? The problem is, one drink leads to two, then the party gets going and a third is generously poured. Soon, the music fades and the morning arrives—and with it, the dreaded hangover. (Explore a human-body interactive.)

Whether it's a pounding headache, a queasy stomach, sweating, or just general misery, the damage has been done. So now it's time to remedy the situation. What's the quickest way to banish the pain? It depends who you ask.

Doctors typically recommend water for hydration and ibuprofen to reduce inflammation. Taking B vitamins is also good, according to anesthesiologist Jason Burke, because they help the body metabolize alcohol and produce energy.

Burke should know a thing or two about veisalgia, the medical term for hangover. At his Las Vegas clinic Hangover Heaven, Burke treats thousands of people suffering from the effects of drinking to excess with hydrating fluids and medications approved by the U.S. Food and Drug Administration.

"No two hangovers are the same," he said, adding that the unfavorable condition costs society billions of dollars-mostly from lost productivity and people taking sick days from work.

Hot Peppers for Hangovers?

So what's the advice from the nonmedical community? Suggestions range from greasy breakfasts to vanilla milkshakes to spending time in a steamy sauna. A friend insists hot peppers are the only way to combat a hangover's wrath. Another swears by the palliative effects of a bloody mary. In fact, many people just have another drink, following the old "hair of the dog that bit you" strategy.

Whether such "cures" actually get rid of a hangover is debatable, but one thing's for sure: the sorry state is universal. The only people immune to hangovers are the ones who avoid alcohol altogether.

So for those who do indulge, even if it's just once in awhile, see our interactive featuring cures from around the world (also above). As New Year's Eve looms with its attendant excuse to imbibe, perhaps it would be wise to stock your refrigerator with one of these antidotes. Pickled herring, anyone?


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Hillary Clinton Hospitalized With Blood Clot


gty hillary clinton jt 121209 wblog Hillary Clinton Hospitalized With Blood Clot

(MICHAL CIZEK/AFP/Getty Images)


By DANA HUGHES and DEAN SCHABNER


Secretary Hillary Clinton was hospitalized today after a doctors doing a follow-up exam discovered a blood clot had formed, stemming from the concussion she sustained several weeks ago.


She is being treated with anti-coagulants and is at NewYork-Presbyterian Hospital so that they can monitor the medication over the next 48 hours, Deputy Assistant Secretary Philippe Reines said.


Her doctors will continue to assess her condition, including other issues associated with her concussion. They will determine if any further action is required, Reines said.


Clinton, 65, originally fell ill from a stomach virus following a whirlwind trip to Europe at the beginning of the month, which caused such severe dehydration that she fainted and fell at home, suffering a concussion. No ambulance was called and she was not hospitalized, according to a state department official.


The stomach virus had caused Clinton to cancel a planned trip to North Africa and the United Arab Emirates, and also her scheduled testimony before Congress at hearings on the attack on the U.S. consulate in Benghazi, Libya.


According to a U.S. official, the secretary had two teams of doctors, including specialists, examine her after the fall.  They also ran tests to rule out more serious ailments beyond the virus and the concussion. During the course of the week after her concussion, Clinton was on an IV drip and being monitored by a nurse, while also recovering from the pain caused by the fall.


Medical experts consulted by ABC News said that it was impossible to know for sure the true nature or severity of Clinton’s condition, given the sparse information provided by the State Department. However, most noted that the information available could indicate that Clinton had a deep venous thrombosis,which is a clot in the large veins in the legs.


“A concussion (traumatic brain injury) in itself increases risk of this clot. Likely the concussion has increased her bed rest,” said Dr. Brian D. Greenwald, Medical Director JFK Jonson Rehabilitation Center for Head Injuries. “Immobility is also a risk for DVT. Long flights are also a risk factor for DVT but the recent concussion is the most likely cause.


“Anticoagulants are the treatment,” he said. “If DVT goes untreated it can lead to pulmonary embolism (PE). PE is a clot traveling from veins in legs to lungs which is life threatening. Many people die each year from this.


“Now that she is being treated with blood thinners her risks of PE are decreased,” he said. “Blood thinners carry risk of bleeding but are common and can be safely used.”


Dr. Allen Sills, associate professor of Neurological Surgery at Vanderbilt University Medical Center, said it was most likely that the clot was not located in Clinton’s brain, since she is being treated with anticoagulants.


“This is certainly not a common occurrence after a concussion, and is most likely related to either inactivity or some other injury suffered in the fall,” he said.


Dr. Neil Martin, the head of Neurovascular Surgery at the University of California, Los Angeles, Medical Center, said blood thinners are often given for blood clots in the legs, and it is “very unusual” for anticoagulants to be given for blood clots in the head.


But he cautioned about speculating too much about Clinton’s condition before more information is available.


“If we don’t know where it is, there is the possibility of several different indications,” he said. “I don’t know if there is any connection between what she’s got now and the concussion. All I can tell you is, at this point, it’s almost impossible to speculate unless we know what’s going on there.”

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Today on New Scientist: 28 December 2012







Best videos of 2012: Rare view of Challenger tragedy

Watch a rare amateur video of the Challenger explosion, our most-viewed video of the year



Strong jet stream super-charged US Christmas storms

Record snowfall and dozens of tornadoes snarled holiday travel as a powerful winter storm plowed across much of the US, while rainstorms battered the UK



2012 review: The year in life science

The year's biggest stories in life science, including James Cameron's descent into the Mariana trench and efforts to break into Antarctica's buried lakes



Superstorm lessons for adapting to climate change

As the post-Sandy rebuild gets under way, coastal cities around the world will be watching



Best videos of 2012: First MRI movie of childbirth

Watch a unique view of a baby's birth, at number 2 in our countdown of the year's top science videos



Fleadom or death: Reviving the glorious flea circus

The parasite-based sideshows were almost done for by the domestic vacuum cleaner - but they are bouncing back, finds Graham Lawton



Approval for gene-modified salmon spawns controversy

Apparently months late, US regulators have declared genetically engineered fish safe to farm and eat, but final approval could be some way off



Best videos of 2012: New aircraft flies inside out

Watch a novel flying machine use a unique mechanism to propel itself, at number 3 in our countdown of the top videos of the year



2012 review: The year in technology

The year's biggest stories in technology, including Kinect devices that may spot signs of autism and controlling a robot by the power of thought



Superdoodles: The science of scribbling

Far from being a distraction, doodling has an important purpose - and you can harness it



2013 Smart Guide: Wave goodbye to the mouse

The Leap, a 3D motion control device set to launch next year, will let you control your computer with touch-free hand and finger movements





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