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PLYMOUTH MEETING, Pa. (CBS) ? Students expecting to graduate Thursday will now have to wait an additional day due to the severe weather.

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Multiple high school graduation ceremonies have been postponed until Friday.

• Graduation at Plymouth Whitemarsh High School in Plymouth Meeting, Pa. will take place at 5:30 p.m.
• Graduation for Wissahickon High School in Ambler, Pa. has been rescheduled to 6 p.m.
• The commencement ceremony for Spring-Ford Area High Schools in Montgomery County will take place at Coach McNelly Stadium at 7 p.m.
• Rossi Middle School officials in Vineland, N.J. say the Grade 8 Awards Ceremony has been postponed as well.

Source: http://philadelphia.cbslocal.com/2013/06/13/high-school-graduations-postponed-due-to-severe-weather/

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Leica had teased that June 11th would see the Mini M added to its lineup, and now it’s made good on its promise. Now known as the X Vario, the compact cam crams a 16.2-megapixel APS-C CMOS sensor inside an aluminum and magnesium body bound in leather trim. As for glass, the shooter packs a fixed Vario Elmar 18-46mm zoom lens (or 28-70mm in 35mm format), paired with an aperture range of f/3.5-6.4 and ISO of 100-12,500. The camera also packs a 3-inch 920k-dot LCD, and can capture 1080p and 720p video at 30fps. The X Vario is already available at Leica stores and vendors, but those angling to sling one of these on their shoulder will have to extract a princely $2,850 from their bank accounts. If you’re happy to window shop, head to the source for a closer look.

Filed under: Cameras

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Via: Hypebeast

Source: Leica

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/ka7z0Db8A3g/

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If you’ve been thinking of adding speakers around the house but are loathe to run wires, Pure’s Jongo system is now available in North America, joining the like of Sonos’ Play:3 in the wireless multi-room sound game. For now, it consists of the $129 Jongo A2, a WiFi and Bluetooth equipped bridge (at bottom) that spreads “perfectly synchronized” sound to different rooms, and the $199 Jongo S3 portable speaker (top left). The products will work on their own by receiving Bluetooth sound from your handheld device, together with other Pure devices like the Sensia 200D, or with your existing sound system, thanks to digital and analog audio outputs on the A2. The Pure Connect iOS app coordinates the hardware and also lets you stream your local playlists, along with 15 million tracks from the Pure Music subscription service. You can deck out either product with the room-coordinating grills (above) at $30 for the S3 and $20 for the A2, while a Jongo T6 100W flagship speaker will join the party later in the year at an undisclosed price. To see where to grab them, check the PR after the break.

Filed under: Home Entertainment, Wireless, HD

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/jUutnum70rA/

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One of the more persistent acquisition rumors as of late has come true: Google just confirmed that it bought Waze. As many expected, the deal will see Waze largely operate independently of its new parent while supplying Google Maps with traffic update features. The stand-alone Waze app, meanwhile, will receive some of Google’s know-how in search. While the two sides haven’t discussed the much ballyhooed (and reportedly $1 billion-plus) purchase price, we suspect it was just large enough to snub Facebook.

Filed under: Cellphones, GPS, Tablets, Internet, Mobile, Google

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Source: Google Official Blog

Source: http://www.engadget.com/2013/06/11/google-confirms-acquisition-of-waze/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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by Bill McBride on 6/10/2013 08:38:00 PM

A little good news from the California State Controller: State Finances in May 2013

May was a good month for the State?s fiscal coffers, with revenues coming in well ahead of the estimates contained in the Governor?s revised budget re-leased last month. All three of the state?s principal revenue sources exceeded expectations and total General Fund revenues surpassed projections by close to $800 million or 12.4%. …

The better-than-expected revenue performance last month reflects the underlying improvement of California’s economy with a moderate but generally widespread resuscitation in the job market, a resurgence in housing, and solid advances in the technology sector. However, we caution against reading too much into May’s numbers since this month typically accounts for only 7% of the total year’s receipts. June’s figures will be much more telling since that is a time when the state typically receives a large influx of tax receipts.

Tuesday economic releases:
? At 7:30 AM, the NFIB Small Business Optimism Index for May. The consensus is for an increase to 92.3 from 92.1 in April.

? At 10:00 AM, the?Job Openings and Labor Turnover Survey for April from the BLS. Jobs openings decreased in March to 3.844 million, down from 3.899 million in February.? Job openings?were?unchanged year-over-year compared to March 2012.

? Also at 10:00 AM, the Monthly Wholesale Trade: Sales and Inventories for April. The consensus is for a 0.2% increase in inventories.

Source: http://www.calculatedriskblog.com/2013/06/tuesday-job-openings-small-business.html

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OVERLAND PARK, Kan. (AP) ? Japan’s Softbank says it has sweetened its offer for No. 3 cell carrier Sprint Nextel Corp. by $1.5 billion, raising it to $21.6 billion.

The revised deal announced Monday also calls for Sprint shareholders to get more cash: $16.6 billion, up from $12.1 billion in the previous offer. Softbank will own about 78 percent of Sprint if the deal is completed, compared with a previous 70 percent.

Satellite TV broadcaster Dish Network Corp. has launched a competing bid it values at $25.5 billion. But Sprint says a special committee of its board has determined Dish will not be able to come up with an offer superior to Softbank’s.

Sprint’s second largest shareholder, Paulson & Co., says it will vote all its shares in favor of Softbank’s sweetened offer.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/495d344a0d10421e9baa8ee77029cfbd/Article_2013-06-11-US-Sprint-Softbank/id-2a6ec114649f4e6083dd9d70f810b948

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By Ben Hirschler

LONDON (Reuters) – AstraZeneca is to buy U.S. respiratory drug specialist Pearl Therapeutics for up to $1.15 billion as Britain’s second biggest drugmaker steps up a drive to rebuild its product pipeline via deal-making.

The acquisition of the privately held company secures AstraZeneca a position in the emerging market for a new class of lung treatments known as LABA/LAMA drugs that promise improved patient compliance and disease control, without steroids.

Some industry analysts believe that LABA/LAMA inhalers are set to dominate future therapy for chronic obstructive pulmonary disease (COPD), which causes debilitating breathlessness and affects an estimated 210 million people worldwide.

Buying Redwood City, California-based Pearl fills a gap in AstraZeneca’s respiratory portfolio, although it will still be behind rivals including GlaxoSmithKline and Novartis in the race to develop the new type of inhaled drug.

AstraZeneca said on Monday it will pay an initial $560 million plus up to $450 million if certain development milestones are hit as well as sales-related payments of up to a further $140 million.

The transaction is an important bet by new chief executive Pascal Soriot, who took over last October, on the British company’s respiratory business, which he has identified as a core therapy area.

AstraZeneca’s sales and profits are falling as older medicines lose patent protection and the company badly needs new products to replace former big sellers like the antipsychotic Seroquel, which lost exclusivity last year.

The deal is Soriot’s second bolt-on acquisition in two weeks, following an agreement to buy Omthera Pharmaceuticals for as much as $443 million to build up its cardiovascular drug business.

LATE TO MARKET

AstraZeneca already has a successful existing inhaled respiratory drug in Symbicort but had risked losing out in the long term by not having a LABA/LAMA inhaler.

Pearl’s lead product, PT003 is in final-stage Phase III clinical trials and is a fixed-dose combination of formoterol fumarate, a long-acting beta-2-agonist (LABA) and glycopyrrolate, a long-acting muscarinic antagonist (LAMA).

It also has another product called PT010 that is a triple-combination medicine, combining the LAMA and LABA components of PT003 with an inhaled corticosteroid. AstraZeneca said this triple combination drug could be accelerated into Phase II clinical development.

Industry analysts at Berenberg Bank said PT003 would be late to market, with Novartis likely gaining first regulatory approval for its LABA/LAMA product in Europe later this year, with GSK not far behind in the Europe and the United States.

Germany’s Boehringer Ingelheim and Forest Laboratories, working with Almirall, should also complete their Phase III programs before the end of this year, ahead of PT003, making AstraZeneca potentially fifth to market.

PT003 is also taken twice-daily, rather than once a day for some competitors, but AstraZeneca hopes Pearl’s pressurized metered dose inhaler device may give it an edge.

Berenberg said the greatest upside from the Pearl deal could come from the triple combination product, where AstraZeneca may be second to market, behind GSK.

The acquisition, which is expected to close in the third quarter of 2013, will have no impact on AstraZeneca’s financial guidance for the year, the drugmaker said.

Pearl’s backers, who stand to gain from the sale, include 5AM Ventures, Clarus Ventures, New Leaf Ventures and Vatera Healthcare Partners.

(Editing by Paul Sandle and Greg Mahlich)

Source: http://news.yahoo.com/astrazeneca-buys-lung-drug-firm-pearl-1-15-061616773.html

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All Critics (81) | Top Critics (28) | Fresh (71) | Rotten (10) | DVD (1)

A cerebral, mournful mystery that resonates like a tuning fork struck on a far-off star.

It presents us with a glimpse of the vastness of existence, of our inner nature, and of nature without that is as equally dreadful, enveloping, and terrifying as it is beautiful.

“Upstream Color” is splendid, transcendent weirdness.

Sci-fi might have been too familiar a word, for what may induce a kind of hallucinatory melancholy in its viewers.

Elliptical and utterly fascinating adventure in cinema, one that defies simple explanations, but worms its way into the brain.

Carruth’s complex and muted thriller is exquisitely made and acted. It’s a film that challenges the viewer provoking fine existential questions.

No, there aren’t any extras to speak of, and it doesn’t matter. Shane Carruth’s mesmerizing fantasy is still a must-own.

May represent a milestone in modern indie cinema, or at least a steppingstone between the smart microbudget work signified by star Amy Seimetz and the more grandiose aspirations associated with someone like — dare I invoke the name? — Stanley Kubrick.

Very few movies actually invite us in, meet us halfway, or offer us something. Upstream Color does that in such a unique, singular way that it’s unlike almost any other movie I’ve ever seen.

Those who require a beating pulse to set the tempo for jigsaw puzzle moviegoing are hereby warned, as Carruth isn’t interested in making things easy. He wants to squeeze your mind, not hold your hand.

It’s not designed to stump or baffle but to beckon you into its wondrously chilly gray world. If it takes a few viewings to unlock (most of) its secrets then lucky you; you spent high-quality time you might have wasted on Pain & Gain.

If Shane Carruth’s time-traveling debut Primer was about outthinking what you might do in the future, his second movie, Upstream Color, is about deciphering why you feel the way you do right now.

I have no idea what it was about, and I can’t wait to see it again.

My immediate desire when it ended was to stay in my seat and watch it all the way through again.

Swooning, frightening, intoxicating, and a cinematic experience that feels genuinely new.

…works on its own idiosyncratic wavelength, one that isn’t alienating, but isn’t quite approachable either.

Its plot isn’t particularly complicated, but it is undeniably weird. if you accept the movie on its own terms, you’ll feel like you’ve been pulled into a creepy yet compelling dream.

Shane Carruth continues to grow as a filmmaker even as he remains keen to puzzle and perhaps frustrate. Upstream Color is, above all else, an unforgettable experience.

I found it one of the most invigorating and intoxicating movie experiences of the year.

There’s some sort of genius buried within Upstream Color, but it’s so enigmatic and obscure that by the time you reach it after digging through its countless layers you’ll likely never find your way back again.

Source: http://www.rottentomatoes.com/m/upstream_color/

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The rapper is turning 36! Check out the sweetest photos of the dad-to-be and his lady.

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