March 7, 1876- Bell Patents the Telephone


On this day in history (March 7) 1876 Alexander Graham Bell patents the telephone

Posted on Tuesday, March 7, 2017 at 9:17 am

On this day in 1876, 29-year-old Alexander Graham Bell receives a patent for his revolutionary new invention–the telephone.The Scottish-born Bell worked in London with his father, Melville Bell, who developed Visible Speech, a written system used to teach speaking to the deaf. In the 1870s, the Bells moved to Boston, Massachusetts, where the younger Bell found work as a teacher at the Pemberton Avenue School for the Deaf. He later married one of his students, Mabel Hubbard.

While in Boston, Bell became very interested in the possibility of transmitting speech over wires. Samuel F.B. Morse’s invention of the telegraph in 1843 had made nearly instantaneous communication possible between two distant points. The drawback of the telegraph, however, was that it still required hand-delivery of messages between telegraph stations and recipients, and only one message could be transmitted at a time. Bell wanted to improve on this by creating a “harmonic telegraph,” a device that combined aspects of the telegraph and record player to allow individuals to speak to each other from a distance.

With the help of Thomas A. Watson, a Boston machine shop employee, Bell developed a prototype. In this first telephone, sound waves caused an electric current to vary in intensity and frequency, causing a thin, soft iron plate–called the diaphragm–to vibrate. These vibrations were transferred magnetically to another wire connected to a diaphragm in another, distant instrument. When that diaphragm vibrated, the original sound would be replicated in the ear of the receiving instrument. Three days after filing the patent, the telephone carried its first intelligible message–the famous “Mr. Watson, come here, I need you”–from Bell to his assistant.

Bell’s patent filing beat a similar claim by Elisha Gray by only two hours. Not wanting to be shut out of the communications market, Western Union Telegraph Company employed Gray and fellow inventor Thomas A. Edison to develop their own telephone technology. Bell sued, and the case went all the way to the U.S. Supreme Court, which upheld Bell’s patent rights. In the years to come, the Bell Company withstood repeated legal challenges to emerge as the massive American Telephone and Telegraph (AT&T) and form the foundation of the modern telecommunications industry.

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Bitcoin tops $1,000…highest level in 3 years


Bitcoin kicked off 2017 with a bang.

The value of the digital currency topped $1,000 on Monday, its best level in at least three years.

Bitcoin has spiked in recent months following a series of unexpected global events kicked off by Brexit, the election of Donald Trump and the sudden ban of large rupee notes in India.

“It was a perfect storm of events,” said Charles Hayter, founder and CEO of digital currency comparison website CryptoCompare. “Uncertainty is key.”

Hayter said the rise of populism globally means that “walls are going up rather than coming down,” and people are seeing higher risks of trade wars and other fallout from the ratcheting up of tensions.

All this has led Bitcoin’s value to more than double in the past year to $1,023, from around $430. Just since Trump’s election, it has spiked 40%.

bitcoin chart 2016

Related: What is bitcoin?

Bitcoin is preferred by some people for its perceived anonymity, and it has also been used for illegal purchases of drugs, and other products.

The value of Bitcoin has fluctuated wildly over the years. In 2013, Bitcoin increased tenfold in just two months to $1,151.

However, a hack on the Tokyo-based Mt.Gox Bitcoin exchange in 2014 sent the currency plunging to less than $400.

Bitcoin was created anonymously online in 2009. It belongs to no country. It’s not recognized by any government as “legal tender.” Yet, it is the best-known and the most popular digital currency.

Hacking continues to be a major issue.

As recently as August, hackers stole Bitcoin worth about $65 million after attacking a major digital currency exchange Bitfinex.

But despite the controversy over the years, Bitcoin-related startups have attracted big name investors.

Among them: American Express (AXP), Bain Capital, Deloitte, Goldman Sachs (GS), MasterCard(MA), the New York Life Insurance Company, and the New York Stock Exchange.

They are betting that the technology will change the way we trade stocks, send money to each other, get paid at work, and much more.

Jose Pagliery contributed to this report.

CIA says Russia intervened to help Trump win White House


CIA says Russia intervened to help Trump win White House

The CIA has concluded that Russia intervened in the 2016 election to help President-elect Donald Trump win the White House, and not just to undermine confidence in the U.S. electoral system, a senior U.S. official said on Friday.

U.S. intelligence agencies have assessed that as the 2016 presidential campaign drew on, Russian government officials devoted increasing attention to assisting Donald Trump’s effort to win the election, the U.S. official familiar with the finding told Reuters on Friday night on condition of anonymity.

Citing U.S. officials briefed on the matter, the Washington Post reported on Friday that intelligence agencies had identified individuals with connections to the Russian government who provided thousands of hacked emails from the Democratic National Committee and others, including the chairman of Hillary Clinton’s presidential campaign, to WikiLeaks.

U.S. President Barack Obama ordered intelligence agencies to review cyber attacks and foreign intervention into the 2016 election and deliver a report before he leaves office on Jan. 20, the White House said on Friday.

As summer turned to fall, Russian hackers turned almost all their attention to the Democrats. Virtually all the emails they released publicly were potentially damaging to Clinton and the Democrats, the official told Reuters.

“That was a major clue to their intent,” the official said. “If all they wanted to do was discredit our political system, why publicize the failings of just one party, especially when you have a target like Trump?”

A second official familiar with the report said the intelligence analysts’ conclusion about Russia’s motives does not mean the intelligence community believes that Moscow’s efforts altered or significantly affected the outcome of the election.

Russian officials have denied all accusations of interference in the U.S. election.

A CIA spokeswoman said the agency had no comment on the matter.

The hacked emails passed to WikiLeaks were a regular source of embarrassment to the Clinton campaign during the race for the presidency.

U.S. intelligence analysts have assessed “with high confidence” that at some point in the extended presidential campaign Russian President Vladimir Putin’s government had decided to try to bolster Trump’s chances of winning.

The Russians appear to have concluded that Trump had a shot at winning and that he would be much friendlier to Russia than Clinton would be, especially on issues such as maintaining economic sanctions and imposing additional ones, the official said.

Moscow is launching a similar effort to influence the next German election, following an escalating campaign to promote far-right and nationalist political parties and individuals in Europe that began more than a decade ago, the official said.

In both cases, said the official, Putin’s campaigns in both Europe and the United States are intended to disrupt and discredit the Western concept of democracy by promoting extremist candidates, parties, and political figures.

In October, the U.S. government formally accused Russia of a campaign of cyber attacks against Democratic Party organizations ahead of the Nov. 8 presidential election.

President Barack Obama has said he warned Putin about consequences for the attacks.

Trump has said he is not convinced Russia was behind the cyber attacks. His transition team issued a statement on “claims of foreign interference in U.S. elections” on Friday but did not directly address the issue.

(Writing by David Alexander and John Walcott, additional reporting by Brendan O’Brien in Milwaukee; Editing by Robert Birsel and Louise Heavens)

Ecuador cuts Julian Assange’s internet access: WikiLeaks


By Mark Hosenball | WASHINGTON

Anti-secrecy group WikiLeaks said on Monday that its founder Julian Assange‘s internet was shut down by the government of Ecuador, deflecting blame from the U.S. or British governments which have sparred with Assange for releasing sensitive material.

“We can confirm Ecuador cut off Assange’s internet access Saturday, 5pm GMT, shortly after publication of (Hillary) Clinton’s Goldman Sachs speeches (sic),” the statement from WikiLeaks said.

Assange has lived and worked in Ecuador’s London embassy since June 2012, having been granted asylum there after a British court ordered him extradited to Sweden to face questioning in a sexual molestation case involving two female WikiLeaks supporters.

WikiLeaks said Assange lost internet connectivity on Sunday night.

“We have activated the appropriate contingency plans,” added the Twitter message on Monday. People close to WikiLeaks say that Assange himself is the principal operator of the website’s Twitter feed.

The Ecuadoran government offered no immediate comment on the question of internet access, but the country’s foreign minister, Guillaume Long, said Assange remained under government protection.

“The circumstances that led to the granting of asylum remain,” Long said in a statement late on Monday.

Over the last two weeks, Democratic Party officials and U.S. government agencies have accused the Russian government, including the country’s “senior-most officials,” of pursuing a campaign of cyber attacks against Democratic Party organizations ahead of the Nov. 8 U.S. presidential election.

WikiLeaks has been one of the most prominent internet outlets to post and promote hacked Democratic Party materials. While denying any connection with a Russian hacking campaign, Assange has refused to disclose WikiLeaks’ sources for hacked Democratic Party messages.

Sources close to both the Democratic Party and WikiLeaks say they believe WikiLeaks has acquired as many as 40,000-50,000 emails hacked from the personal accounts of John Podesta, the former White House advisor who now chairs of Hillary Clinton’s presidential campaign.

Despite Assange’s complaint that his internet connection was cut, WikiLeaks posted on Monday afternoon what it said was a fresh batch of Podesta’s emails.

According to a summary of the latest emails posted on Russia Today, a media outlet with close links to the Russian government, highlights include campaign staff discussions about “galvanizing Latino support” and about how to handle media queries about Clinton’s “flip-flopping” on gay marriage.

(Reporting by Mark Hosenball; Additional reporting by Alexandra Valencia in Quito, Ecuador; Editing by Julia Edwards and Tom Brown)

For success guru Tony Robbins, wealth is more about gratitude than dollars!


For success guru Tony Robbins, wealth is more about gratitude than dollars

 

By Chris Taylor | NEW YORK

If you are going to learn life lessons from anybody, it may as well be someone who owns a 525-acre private island in Fiji.

That is the enviable life of Tony Robbins, the success coach whose books and seminars have motivated people for decades.

For the latest in Reuters’ “Life Lessons” series, Robbins reveals his own history with money, how he went from penniless to riches, and what being wealthy really means.

Q: WHAT EARLY LESSONS ABOUT MONEY STUCK WITH YOU?

A: Growing up, my family was totally broke. There were always fights over money, which produced a tremendous drive in me to be able to provide for my own family. So I started investing. I made my first investment in real estate at age 18. The interest rate on that mortgage was 18 percent! But it got me in the game. If you don’t invest early on, you lose.

Q: AS YOU ESTABLISHED YOUR CAREER, WHAT DID YOU LEARN ABOUT HANDLING WEALTH?

A: Don’t think in terms of taking huge risks to get rewards. Think about the least amount of risk for the greatest reward, and be extremely disciplined in that. I also learned about tax efficiency. As investors, we have been taught to focus on returns, but it’s not what you earn that matters, it’s what you keep. Tax efficiency is the quickest way of being financially free, and can be the equivalent of years of earnings.

Q: HOW DID YOU SET UP THE RIGHT FINANCIAL TEAM AROUND YOU?

A: When it comes to partners and building my team, I’ve learned to be extremely selective. Some of my biggest mistakes in business have been picking the wrong partners at different stages, and not understanding what somebody really needed or wanted out of a situation. So it is important that you are aligned and have the same goals.

Q: HAVE YOU MADE ANY MONEY MISTAKES ALONG THE WAY?

A: Plenty. The worst was investing in penny stocks. I was about 25 years old, and living in Marina Del Rey, California. I was in a wealthy area one day and met a woman who was driving a Rolls Royce, who told me that her husband owned a penny stock investment firm. So I asked her if she had any investing tips. I took her advice and put my money in those stocks. And I lost everything.

Q: HOW WOULD YOU DEFINE ‘RICH’?

A: Abundance is a mindset, not a dollar amount. Cultivate gratitude for the things you have now and everything that is added will feel like a bonus.

Q: WHAT DRIVES YOU TO GIVE, IN TERMS OF PHILANTHROPY?

A: As a child, money was always a source of stress. On Thanksgiving Day, when I was 11 years old, something happened that profoundly changed my life. As usual, there was no food in the house, and my mom and dad were yelling at each other.

I heard someone knocking at the front door, and there’s this man standing there with big bags of food and an uncooked turkey. I could hardly believe it.

My father always said that nobody gave a damn about anybody. But all of a sudden, someone I didn’t know, who wasn’t asking for anything in return, was looking out for us.

The writer is a Reuters contributor. The opinions expressed are his own.

(Editing by Beth Pinsker and Bernadette Baum)

Jon Huntsman And Other Republicans Call On Donald Trump To Drop Out Of The Race!


http://www.huffingtonpost.com/entry/jon-huntsman-trump-resign_us_57f83c03e4b068ecb5de9a27?


Jon Huntsman And Other Republicans Call On Donald Trump To Drop Out Of The Race

“The time has come for Governor Pence to lead the ticket,” the former Utah governor said.

10/07/2016 09:33 pm ET | Updated 1 hour ago

Rep. Mike Coffman (R-Co.), who is facing a competitive re-election fight over the suburbs of Denver, called on Trump to step aside for “the good of the country.” Describing the remarks as “disgusting, vile, and disqualifying,” Rep. Barbara Comstock (R-Va.) did the same late Friday night. Neither previously endorsed Trump.

Former New York governor George Pataki, who ran for the GOP nomination last year, said he was “horrified” by Trump’s “poisonous mix of bigotry [and] ignorance” and called on him to relinquish the nomination.

Sen. Joni Ernst (R-Iowa) called Trump’s comments “lewd and insulting.”

Rob Engstrom, the national political director of the U.S. Chamber of Commerce, said Trump should step down “immediately.”

A few other Republicans followed suit. A.J. Spiker, a former chairman of the Iowa Republican Party who was previously critical of Trump, echoed the call for Trump to resign and called him “unfit for public office.”

So too did former Ronald Reagan administration official Linda Chavez, who called Trump’s remarks “vile” during an interview on MSNBC.

Garrett Jackson, a former aide to 2012 GOP nominee Mitt Romney, also called on Mike Pence to assume the nomination, tweeting that “any decent human can beat Clinton.”

GOP strategist and Trump critic Ana Navarro joined the chorus of voices Friday evening calling on Trump to resign, adding that “he is not fit to be called a man.”

Editor’s note: Donald Trump regularly incites political violence and is a serial liar,rampant xenophobe, racist, misogynist and birther who has repeatedly pledged to ban all Muslims — 1.6 billion members of an entire religion — from entering the U.S.

Correction: This article incorrectly identified Linda Chavez as the Secretary of Labor under George W. Bush. She was nominated, but later withdrew after allegations emerged that she had employed an undocumented immigrant.

This story has been updated to include comments from Ernst.

Latino population now behind Asian Americans study says


Latino population now behind Asian Americans study says

 


Latino population now behind Asian Americans study says

  • Latino polls under Asian.jpg

    FILE – In this Jan. 5, 2016 file photo, students walk home from school in the largest Mexican-American El Segundo Barrio in El Paso, Texas. The population growth of U.S. Latinos is slowing thanks to lower immigration and declining birthrates, although states like North Dakota and Tennessee are seeing Latino population spikes, according to a Pew Research Center study released Thursday, Sept. 8, 2016. (AP Photo/Russell Contreras, File) (COPYRIGHT 2016 THE ASSOCIATED PRESS. ALL RIGHTS RESERVED. THIS MATERIAL MAY NOT BE PUBLISHED, BROADCAST, REWRITTEN OR REDISTRIBU)

The growth of the U.S. Latino population — once the nation’s fastest growing — slowed considerably over the past seven years and slipped behind that of Asian Americans amid declining Hispanic immigration and birth rates, a study released Thursday found.

The Pew Research Center study, which analyzed U.S. Census Bureau data, found that the U.S. Hispanic population grew annually on average by 2.8 percent between 2007 and 2014.

That’s down from the 4.4 percent annual growth from 2000 to 2007, before the Great Recession.

By comparison, the Asian American population grew around 3.4 percent on average annually during the same period.

William H. Frey, a demographer with the Brookings Institution’s Metropolitan Policy Program, the slower growth is largely a factor of the economy. A slower economy is influencing families to hold off on having more children, and it’s discouraging migration amid stronger border enforcement, he said.

Kenneth M. Johnson, a senior demographer at the University of New Hampshire’s Carsey School of Public Policy, said U.S. Hispanic women between the ages of 20 to 24 have seen a 36 percent decline in birth rates.

“That’s by far the largest decline of any other group,” Johnson said.

Despite slowing population growth, Latinos still accounted for 54 percent of the nation’s population growth between 2000 and 2014, according to the nonpartisan Pew Research Center.

Regional growth patterns also have changed some following the economic downturn of 2007 reflecting the changing economies of states, the study found.

Counties in the South continued to account for the largest share of the nation’s Hispanic population growth — 43 percent between 2007 and 2014. Among the other fastest-growing counties for Latinos were Luzerne County in Pennsylvania, Beadle County in South Dakota, Duchesne County in Utah and Burleigh County in North Dakota.

“Latinos are coming to Utah because the government here is doing a lot to create jobs,” said Rogelio Franco of Entre Latinos, a Salt Lake City, Utah advocacy group that works to integrate Hispanics into the state. Entre Latinos was not affiliated with the study.

Franco said he thinks the declining birth rate is a result of Latino millennials holding off on having children while pursuing their education.

“They are planning more,” Franco said. “They are focusing on other things.”

The growth in North Dakota’s statewide Latino population nearly doubled to 18,000, making it the state with the highest Hispanic growth rate over seven years. Though small in numbers compared to states like California and Texas, the rise in Latino residents has put pressures on local governments and nonprofits to accommodate the new residents.

For example, in 2014 Catholic nuns from Mexico were sent to North Dakota to help serve new Hispanic parishioners in that state.

North Dakota had experienced an oil boom until recently, attracting workers from around the country. It remains one of the least diverse states in the country.

“Latino population growth has become less concentrated in counties with historically large Latino populations and whose Latino population grew by at least 10,000,” the study’s authors wrote.

Though the growth has slowed in the last seven years, the Latino population in the South has exploded when examined over 14 years.

From 2000 to 2014, Latino populations in Tennessee and South Carolina, for example, nearly tripled.

North Carolina also saw its population spike 136 percent since 2000, the report said.

Mauricio Castro, an organizer with the North Carolina Congress of Latino Organizations, said Latino immigrants coming to the region tend to work in the construction or service industry.

Still, between 2007 and 2014, nearly 40 counties experienced declines in the percentage of Latinos. Most of those counties were in Colorado, New Mexico and Texas — states with traditionally large Hispanic populations.

Frey said once the U.S. economy starts picking up, he expects to see a return of higher rates of immigration and increase births.

“This is not the end of Latino growth in the United States by any means,” Frey said.

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