The US has been convulsed by nationwide protests over the death of an African-American man in police custody.
George Floyd, 46, died after being arrested by police outside a shop in Minneapolis, Minnesota.
Footage of the arrest on 25 May shows a white police officer, Derek Chauvin, kneeling on Mr Floyd’s neck while he was pinned to the floor.
Mr Chauvin, 44, has since been charged with murder.
The key events that led to Mr Floyd’s death happened within just 30 minutes. Based on accounts from witnesses, video footage and official statements, here’s what we know so far.
It began with a report of a fake $20 (£16.20) bill.
A report was made on the evening of 25 May, when Mr Floyd bought a pack of cigarettes from Cup Foods, a grocery store.
Believing the $20 bill he used to be counterfeit, a store employee reported it to police.
Mr Floyd had been living in Minneapolis for several years after moving there from his native Houston, Texas. He had recently been working as a bouncer in the city but, like millions of other Americans, was left jobless by the coronavirus pandemic.
Mr Floyd was a regular at Cup Foods. He was a friendly face, a pleasant customer who never caused any trouble, the store owner Mike Abumayyaleh told NBC.
But Mr Abumayyaleh was not at work on the day of the incident. In reporting the suspicious bill, his teenage employee was just following protocol.
In a call to 911, made at 20:01, the employee told the operator he had demanded the cigarettes back but “he [Floyd] doesn’t want to do that”, according to a transcript released by authorities.
The employee said the man appeared “drunk” and “not in control of himself”, the transcript says.
Shortly after the call, at around 20:08, two police officers arrived. Mr Floyd was sitting with two other people in a car parked around the corner.
After approaching the car, one of the officers, Thomas Lane, pulled out his gun and ordered Mr Floyd to show his hands. In an account of the incident, prosecutors do not explain why Mr Lane thought it necessary to draw his gun.
Mr Lane, prosecutors said, “put his hands on Mr Floyd, and pulled him out of the car”. Then Mr Floyd “actively resisted being handcuffed”.
Once handcuffed, though, Mr Floyd became compliant while Mr Lane explained he was being arrested for “passing counterfeit currency”.
It was when officers tried to put Mr Floyd in their squad car that a struggle ensued.
At about 20:14, Mr Floyd “stiffened up, fell to the ground, and told the officers he was claustrophobic”, according to the report.
Mr Chauvin arrived at the scene. He and other officers were involved in a further attempt to put Mr Floyd in the police car.
During this attempt, at 20:19, Mr Chauvin pulled Mr Floyd away from the passenger side, causing him to fall to the ground, the report said.
He lay there, face down, still in handcuffs.
That’s when witnesses started to film Mr Floyd, who appeared to be in a distressed state. These moments, captured on multiple mobile phones and shared widely on social media, would prove to be Mr Floyd’s last.
Mr Floyd was restrained by officers, while Mr Chauvin placed his left knee between his head and neck.
“I can’t breathe,” Mr Floyd said repeatedly, pleading for his mother and begging “please, please, please”.
For eight minutes and 46 seconds, Mr Chauvin kept his knee on Mr Floyd’s neck, the prosecutors’ report says.
About six minutes into that period, Mr Floyd became non-responsive. In videos of the incident, this was when Mr Floyd fell silent, as bystanders urged the officers to check his pulse.
One of the other officers, JA Kueng, did just that, checking Mr Floyd’s right wrist, but “couldn’t find one”. Yet the other officers did not move.
At 20:27, Mr Chauvin removed his knee from Mr Floyd’s neck. Motionless, Mr Floyd was rolled on to a gurney and taken to the Hennepin County Medical Center in an ambulance.
He was pronounced dead about an hour later.
On the night before his death, Mr Floyd had spoken to one of his closest friends, Christopher Harris. He had advised Mr Floyd to contact a temporary jobs agency.
Forgery, he said, was out of character for Mr Floyd.
“The way he died was senseless,” Harris said. “He begged for his life. He pleaded for his life. When you try so hard to put faith in this system, a system that you know isn’t designed for you, when you constantly seek justice by lawful means and you can’t get it, you begin to take the law into your own hands.”
Sony taps TV processing tech for latest 4K SXRD projectors
Sony is retiring a couple of projectors from its home-cinema lineup, but has also announced their immediate replacements. There’s a laser model and a lamp model, and both feature an image processor based on those used in the company’s Bravia televisions, but optimized for projectors.
“Sony’s 4K SXRD projectors have led the market for years, and these new models take the viewer’s experience to the next level,” said the company’s Neal Manowitz. “Whether they’re for enjoying the latest movies or playing action-packed games, our newest projectors deliver a dynamic, big screen experience that truly immerses viewers in their favorite content.”
The projectors share many features, including Silicon X-tal Reflective Display (SXRD) panel technology that makes delivery of native 4K (4,096 x 2,160) resolution possible, with Sony promising deep blacks, vibrant colors and smooth cinematic motion.
The X1 for projector image processor allows for high-precision frame analysis, enabling features like Dynamic HDR Enhancer – aimed at delivering the best contrast for HDR content on a scene-by-scene basis – and Reality Creation – which analyzes images to the pixel level to “enrich 4K content and real-world detail and texture” and will work for upscaled 2K and Full HD images too.
The home cinema projectors are compatible with IMAX Enhanced content, feature a motorized zoom and wide lens-shift range that caters for flexible projector placement, and come with Motionflow – which adds frames to reduce blur in fast-moving images. And like the models they replace in Sony’s home cinema lineup (VPL-VW995ES and VPL-VW295ES), the new projectors come with input lag reduction capabilities. They each sport two HDMI inputs and Ethernet LAN.
The VPL-VW1025ES has a 2,200-lumens Z-Phosphor laser light source that should be good for 20,000 hours of use, and it’s home to a large-aperture, all-glass lens comprising 18 elements, including six extra-low-dispersion elements, for “clear and vivid” edge-to-edge image delivery.
Contrast for the iris and the laser can be adjusted independently to “optimize light output for both dark and bright well-lit scenes.” The optical focus is complemented by digital technology to keep the images in sharp focus, and will compensate for any potential optical degradation of the lens. The projector will also be able to store focus, zoom, and lens-shift settings for five different screen formats for setup ease.
The smaller VPL-VW325ES model rocks a 1,500-lumens mercury lamp for up to 6,000 hours of viewing time before needing to be replaced, while its 4K aspherical lens should offer corner-to-corner sharpness.
Destined for home theaters, the VPL-VW1025ES is available for pre-order for US$39,999, while the VPL-VW325ES comes in at $5,499.
NASA’s Mars Helicopter makes historic first flight
NASA has made history today, conducting the very first powered flight on another planet. The Mars Helicopter Ingenuity successfully took to the Red Planet skies for a brief jaunt, which will hopefully be the first of several.
The small drone took off at 3:34 am EDT, climbed to a height of 10 ft (3 m) and hovered above the ground for 30 seconds before safely touching down again. The total flight time was 39.1 seconds. The historic moment was broadcast in a NASA livestream, although for now we only have video of the cheering control room as they received radio confirmation from the little drone. The video from the Perseverance rover, which looked on from 5 m (16 ft) away, will be beamed back to Earth soon.
Flying a drone for a few seconds might not sound like too big an accomplishment, but it’s quite a remarkable feat of engineering. Ingenuity is flying in conditions unlike any possible on Earth – the gravity on Mars is only one-third as strong as Earth’s, and the air is extremely thin, at just one percent the density of our own. Throw in the extreme cold and a lengthy radio delay, and you’ve got a lot that can go wrong.
And it already has. After surviving its first frigid night on Mars, Ingenuity was set to take off on April 11 – but a software error during a high-speed spin test of its rotors on April 9 threw a spanner in the works. After troubleshooting the issue, NASA developed a fix and beamed a software update to the Red Planet.
If all goes to plan, NASA will conduct a few more flights over the next few weeks, sending Ingenuity higher and farther each time.
“Now, 117 years after the Wright brothers succeeded in making the first flight on our planet, NASA’s Ingenuity helicopter has succeeded in performing this amazing feat on another world,” says Thomas Zurbuchen, NASA Associate Administrator for Science. “While these two iconic moments in aviation history may be separated by time and 173 million miles of space, they now will forever be linked. As an homage to the two innovative bicycle makers from Dayton, this first of many airfields on other worlds will now be known as Wright Brothers Field, in recognition of the ingenuity and innovation that continue to propel exploration.”
What is Forex IB? How to earn with Forex IB? The best IB companies. Details about the IB system
The system known as Forex IB has been one of the most interesting topics recently. The forex IB stands for “Introducing Broker” with its original name, that is, people called promoting brokers share their forex transactions at certain companies or deliver them to more people through different methods. Forex IBs are a business model in which they earn income from these promotions to the extent that they enable them to turn to these markets with their sharing and methods.
Let’s go into the details of how the Forex IB system works and start removing the question marks in your mind.
Why does the Forex IB system exist?
Before moving on to Forex IB, let’s first explain why forex IB is needed by answering the question of what is the forex market.
As it is known, forex markets see the opportunity to sell certain securities or securities at different prices in different countries of the world, with the price of the same commodity here, for example; It is the name given to the markets where profit is made by taking advantage of the difference between its price in China.
All types of commodities and securities can be traded in a forex market. Among them; There are also products such as coffee, wheat or money such as dollars and euros. Following the value of the same foreign currency amount in a different country instantly and selling it expensive after being bought cheap is the main gain gate of the forex markets.
Forex transactions are transactions performed by forex brokerage firms. organizations in Turkey, which will perform a forex transactions must be authorized by the CMB. It is not possible to make forex transactions through an organization that does not receive the necessary authorization from the CMB.
However, despite this it is increasing day by day the number of forex entity that is authorized in Turkey. This brings competition to the agenda. In addition, forex organizations are introducing different advantages to the market in order to attract more customers to them. This is also a situation that increases competition.
Here, forex IBs emerged as a result of this competition.
How does the Forex IB system work?
Of course, if you want to work in an investment company as forex IB, you must have a certain degree of forex knowledge. If you do not have a certain experience and an infrastructure to acquire customers for yourself, you cannot make forex companies take care of you.
Deal with investment company to become Forex IB
The first requirement to become Forex IB is of course to have an audience that follows you and takes your investment suggestions into account. If you have such an audience, the first thing you will do is sign up for the IB affiliate program part of a forex investment company.
After completing your registration, the forex firm will ask you for details about the task you want to do. These details include topics such as where to find customers, how to keep your customers’ bond with you sustainable, and how much you can predict the revenue you will earn from your customers.
Obtaining Forex IB promotional materials
If you are evaluated by the company that you are eligible for forex IB, the promotional products you need to start your studies are provided. If we say product, of course, don’t just think of concrete things. You can do these promotional activities only on the internet, as well as with traditional methods. However, nowadays, the internet is generally preferred because it is the largest area of influence and it is possible to reach thousands of people using the internet at the same time with a single click. According to the method you determined, you will be provided with the relevant material whichever is the most appropriate form of promotion.
Through the materials provided to you, it is tracked whether a customer is registered in the forex system of that company with your reference. This tracking is a channel that will be determined according to which channel you decide to acquire customers for the company. For example; If you have decided to make a Forex IB transaction on your personal website, it can be easily determined whether a person has come with your reference or not with the banner or links given to you.
How much are Forex IB revenues?
As Forex IB, you will have partnered with companies in exchange for enabling people to use forex exchanges. In this way, if there is a customer who starts doing business with that company with your guidance, the company will give you a certain part of its earnings.
Of course, how much this gain will be varies between companies. At this point, our recommendation for forex IB will be AMarkets, which gives the best commission rate among forex exchanges working with forex IBs.
Although Amarkets distributes profits at different rates depending on the number of customers a forex IB brings and the amount that customer spends on the site, it is still the forex exchange that gives the best rates compared to other sites.
Forex IBs AMark
Level by level is positioned according to working times in ets. There are 3 levels of forex IB on the site. In order to rise between the levels, it is sufficient that the investment amount of the customers brought is high.
Let’s make this more concrete. For example; Let’s say you found 10 people with a capital of $ 10,000. With this amount of money, you can buy 100 lots of any product per month. If you are a level 1 Forex IB for lots bought, you will earn an amount of $ 10 for each 1 lot purchase. So, with a simple account, you can earn $ 1000 per month on Amarkets as a forex IB.
However, it is also stated as a necessity for a forex IB to have at least 3 active customers.
Register with AMarkets and benefit from this unique opportunity to earn by sharing your knowledge and experience.
Bitcoin’s Price Fell. So…What?
Bitcoin is a very new technology, even though the concept that it brings to life is decades old. The double spending problem has been solved; this means that it is possible to use a digital certificate to stand in the place of money and be sure that no one else can spend that certificate other than you as long as you hold it. This is an unprecedented paradigm shift, the implications of which are not yet fully understood, and for which the tools do not yet exist to fully take advantage of this new idea.
This new technology requires some new thinking when it comes to developing businesses that are built upon it. In the same way that the pioneer providers of email did not correctly understand the service they were selling for many years, new and correct thinking about Bitcoin is needed, and will emerge, so that it reaches its full potential and becomes ubiquitous.
Hotmail used familiar technologies (the browser, email) to create a better way of accessing and delivering email; the idea of using an email client like Outlook Express has been superseded by web interfaces and email ‘in the cloud’ that provides many advantages over a dedicated client with your mail in your own local storage.
Bitcoin, which will transform the way you transfer money, needs to be understood on its own terms, and not just as an online form of money. Thinking about Bitcoin as money is as absurd as thinking about email as another form of sending letters by post; one not only replaces the other but it profoundly changes the way people send and consume messages. It is not a simple substitution or one dimensional improvement of an existing idea or service.
As I have explained previously, Bitcoin is not money. Bitcoin is a protocol. If you treat it in this way, with the correct assumptions, you can start the process of putting Bitcoin in a proper context, allowing you to make rational suggestions about the sort of services that might be profitable based on it.
Every part of Bitcoin is text. It is always text, and never at any point ceases to be text. This is a fact, and as text, it is protected under the free speech provisions of the constitutions of civilized nations with guaranteed, irrevocable rights.
When you type in an email on your Gmail account, you are inputting your ‘letter’. You press send, it goes through your ISP, over the internets, into the ISP of your recipient and then it is outputted on your recipient’s machine. The same is true of Bitcoin; you input money on one end through a service and then send the Bitcoin to your recipient, without an intermediary to handle the transfer. Once Bitcoin does its job of moving your value across the globe to its recipient it needs to be ‘read out’, i.e. turned back into money, in the same way that your letter is displayed to its recipient in an email.
In the email scenario, once the transfer happens and the email you have received conveys its information to you, it has no use other than to be a record of the information that was sent (accounting), and you archive that information. Bitcoin does this accounting in the block chain for you, and a good service built on it will store extended transaction details for you locally, but what you need to have as the recipient of Bitcoin is money or goods not Bitcoin itself.
Bitcoin is a digital currency without a central storage location, like a bank, where transactions are recorded. Instead, the data ledger is distributed to a network of computers worldwide. Miners are rewarded with BTC when their computers validate and record network transactions.
Despite the fact that you cannot double spend them and each one is unique, Bitcoins have no inherent value, unlike a book or any physical object. Mistaken thinking about Bitcoin has spread because it behaves like money, due to the fact it cannot be double spent. This fact however has masked Bitcoin’s dual nature of being digital, duplicable and not double spendable.
Bitcoin is digital, with all the qualities of information that make information non scarce. It sits in a new place that oscillates between the goods of the physical world and the infinitely abundant digital world of information, belonging exclusively to the digital world but having the characteristics of both. This is why it has been widely misunderstood and why a new approach is needed to design businesses around it.
All of this goes some way to explain why the price of buying Bitcoins at the exchanges doesn’t matter. If the cost of buying a Bitcoin goes to 1¢ This does not change the amount of money that comes out at the other end of a transfer. As long as you redeem your Bitcoin immediately after the transfer into either goods or currency, the same value comes out at the other end no matter what you paid for the Bitcoin when you started the process.
Think about it this way. Let us suppose that you want to send a long text file to another person. You can either send it as it is, or you can compress it with zip. The size of a document file when it is zipped can be up to 87% smaller than the original. When we transpose this idea to Bitcoin, the compression ratio is the price of Bitcoin at an exchange. If a Bitcoin is $100, and you want to buy something from someone in India for $100 you need to buy 1 Bitcoin to get that $100 to India. If the price of Bitcoin is 1¢ then you need 10,000 Bitcoins to send $100 dollars to India. These would be expressed as compression ratios of 1:1 and 10,000:1 respectively.
The same $100 value is sent to India, whether you use 10,000 or 1 Bitcoin. The price of Bitcoins is irrelevant to the value that is being transmitted, in the same way that zip files do not ‘care’ what is inside them; Bitcoin and zip are dumb protocols that do a job.
As long as the value of Bitcoins does not go to zero, it will have the same utility as if the value were very ‘high’.
Bearing all of this in mind, it’s clear that new services to facilitate the rapid, frictionless conversion into and out of Bitcoin are needed to allow it to function in a manner that is true to its nature.
Imagine this; you receive an email from across the world, and are notified of the fact by being displayed the subject line in your browser. You then apply to your ISP to have this email delivered to you, and you have to wait seven days for it to arrive in your physical mail box.
The very idea is completely absurd, and yet, this is exactly what is happening with Bitcoin, for no technical reason whatsoever.
It is clear that there needs to be a re-think of the services that are growing around Bitcoin, along with a re-think of what the true nature of Bitcoin is. Rethinking services is a normal part of entrepreneurialism and we should expect business models to fail and early entrants to fall by the wayside as the ceaseless iterations and pivoting progress.
Bearing all of this in mind, focusing on the price of Bitcoin at exchanges using a business model that is inappropriate for this technology simply is not rational; it’s like putting a methane breathing canary in a mine full of oxygen breathing humans as a detector. The bird dies even though nothing is wrong with the air; the miners rush to evacuate, leaving the exposed gold seams behind, thinking that they are all about to be wiped out, when all is actually fine.
Bitcoin, and the ideas behind it are here to stay. As the number of people downloading the clients, apps wallet and and tools and building on it increases, like Hotmail, it will eventually reach critical mass and then spread exponentially through the Internet. When that happens, the correct business models will spontaneously emerge, as they will become obvious, in the same way that Hotmail, Gmail, Facebook, cellular phones and instant messaging seem like second nature.
In the future. I imagine that very few people will speculate on the value of Bitcoin, because even though that might be possible, and even profitable, there will be more money to be made in providing easy to use Bitcoin services that take full advantages of what Bitcoin is.
One thing is for sure; speed will be of the essence in any future Bitcoin business model. The startups that provide instant satisfaction on both ends of the transaction are the ones that are going to succeed. Even though the volatility of the price of Bitcoin is bound to stabilise, since it has no use in and of itself, getting back to money or goods instantly will be a sought after characteristic of any business built on Bitcoin.
The needs of Bitcoin businesses provide many challenges in terms of performance, security and new thinking. Out of these challenges will come new practices and software that we can only just imagine as they come over the horizon.
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