Oil fell below $49 a barrel

By Alex Lawler

LONDON (Reuters) – Oil fell below $49 a barrel on Tuesday, giving up part of August’s strong rally, as signs of rising supply outweighed hopes that producing nations will agree steps to support prices.

A Nigerian militant group, which has claimed a wave of attacks on oil facilities, said at the weekend it was ready for a ceasefire and Iraq resumed pumping through a northern pipeline halted earlier this year.

Brent crude was down 59 cents at $48.57 a barrel at 0845 GMT (0445 ET). The global benchmark rallied 20 percent between the beginning of the month and Aug. 19.

U.S. crude was down 62 cents at $46.79.

“Today we remain bearish on crude oil,” said Georgi Slavov, analyst at Marex Spectron. “Supply looks likely to increase in the short term.”

Goldman Sachs, in a report, said talk of an output freeze by the Organization of the Petroleum Exporting Countries and a weak dollar had helped drive prices up this month but neither was enough to sustain current levels.

Oil prices have more than halved from mid-2014 due to a global supply glut.

Raising hopes that producers could revive efforts to tackle excess supply, Saudi Arabia’s Energy Minister Khalid al-Falih said on Aug. 11 OPEC and non-members will discuss the market next month including any action that may be needed.

The International Energy Forum, which groups producers and consumers, is due to meet on Sept. 26-28 in Algiers.

A previous attempt by producers to freeze output collapsed in April amid tensions between Iran and Saudi Arabia and the refusal of some countries to join. Analysts remain skeptical concrete action will result this time.

“We see too many headwinds and logistical challenges to a meaningful deal,” Morgan Stanley said in a report.

In focus later on Tuesday will be the first of this week’s reports on U.S. inventories, which analysts expect will show a decline in crude and gasoline stocks. [EIA/S]

The American Petroleum Institute, an industry group, is scheduled to release its data at 2030 GMT, while the government’s supply report is due on Wednesday.

Investors are also looking for clues on whether the U.S. Federal Reserve will raise interest rates this year. Fed Chair Janet Yellen will give a speech at a global central banking conference in Jackson Hole, Wyoming, on Friday.

(Additional reporting by Henning Gloystein in Singapore; Editing by Dale Hudson)

This might just be one of the greatest GIFs of all time

This incredible find from the Verge might just be the greatest GIF I’ve ever seen — it is certainly one of the funniest to land on the internet. We currently know nothing about where it came from or how it came to be, other than that there is so much comedy going on in just a few seconds. It’s almost like an old school slapstick routine. Read More


Source: TechCrunch

Walmart is buying Jet.com for $3 billion

Walmart Stores is buying Jet.com in a deal worth $3 billion dollars according to a source with direct knowledge of the deal, confirming reports that have been pouring in about the bid for Jet.com all week. According to our source the signatures for the deal were dry on Friday and will be announced as early as Monday morning — echoing what was reported in both Bloomberg and Recode.… Read More

Source: TechCrunch

The Internet – Evolution

The internet is basically a connection between networks of computers. Each network connects computers, printers, peripherals and other equipment with one another, through what most refer to as a router, however, a switch is actually the correct term. Those can then be connected to other networks with a router and a modem generally.

network-782707In order to gain access to other sites, it was necessary to create searching mechanisms, two of which were:

These have outdated, and more modern approaches are the popular web based indexes like:

  • Yahooyahoo-76684
  • Googlegoogle-76517

What makes the search engines unique are not only their ability to search and find information, but their ability to:

  • Catalogue
  • Qualitative listing

Websites were originally published using numerical addresses, like 45.192.36.23, however, as time went by scientists realized that this wasn’t any good, since it lacked:

  • A way to remember
  • A meaningful connection with the site

Domain names were eventually created, which were basically devided into two parts:

  • The prefix – like “cars”
  • The suffix – like “.com”, “.co.uk”, etc.,

The web has and is constantly evolving. I hope to write more in the coming weeks.

Tomas Berdych no irá a Río 2016 por miedo al Zika — ALL ACCESS

El tenista checo Tomas Berdych declaró que no participara en los Juegos Olímpicos de Río 2016 porque le teme al virus Zika que abunda en el país de Brasil. Berdych está en el puesto número 8 del ranking de la ATP. El tenista expresó su temor a través de un mensaje en su cuenta oficial […]

via Tomas Berdych no irá a Río 2016 por miedo al Zika — ALL ACCESS

Six cities have submitted bids to hold Eurovision 2017! —

The National Television Company of Ukraine (NTU) has now named the 6 cities which hope to host Eurovision in 2017. Each city now has the chance to present their bids to the Organisational Committee of the 2017 contest in a televised special called City Battle. Two cities will be chosen from these six, and these […]

via Six cities have submitted bids to hold Eurovision 2017! —

AGT- Dangerous Tightrope Show


This has got to be one the most dangerous stunts I’ve ever seen, and probably a lot of people like me. This is the second time this couple has been on America’s Got Talent, performing their insane acts of tight-roping. This time the wife did it blindfolded. If you can bear to watch this then I highly recommend it. Here is the original video from America’s Got Talent:

She actually almost slipped, and it seems as though he might of as well. I hope you enjoy these, I will be putting up more in the future. Please let me know what you think in the comment section below. Your feedback is important to us.

The couples names are Guerrero.

leshia evans confronting the devil without fear in baton rogue — mark jacobs lives!

woke up to this picture and thought someone was fucking with me the net being what it is, i assumed it to be a fake she looked too mother fucking calm but that’s when the black woman is most dangerous when she goes calm

via leshia evans confronting the devil without fear in baton rogue — mark jacobs lives!

Augmented reality makes prototyping easy on Shaper’s Origin CNC machine

SONY DSC Innovations in 3D printing have done their part to inspire maker-culture. We print, or at-least try to print, drones, human organs, and even medications. Additive techniques are practical and accessible for much of the prototyping process. However, just because we can print synthetic drugs with 3D printers, doesn’t mean we can print something as simple as a walnut radio. Shaper, a… Read More


Source: TechCrunch

Crunch Report | Kobe Bryant gets into the VC game

cr-template8.22 Linux is about to celebrate its 25th birthday, Apple has acquired Gliimpse, Media.net was acquired for $900 million, Kobe Bryant is starting a $100 million fund with Jeff Stibel, and Android Nougat is finally out of beta. All this on Crunch Report. Read More


Source: TechCrunch

All 44 startups that launched at Y Combinator S16 Demo Day 1

y-combinator-logo Farm drones, autonomous security guards and next-generation tampons were among the products presented at today’s Y Combinator startup accelerator Summer 2016 Demo Day 1. YC’s increased international outreach efforts are paying off. 30 percent of this batch’s startups came from outside the US. While some were mere copycats of US startups, many brought different approaches… Read More


Source: TechCrunch

Ringling Bros. new space-themed show brings Cirque to the circus

circus-fixed There are two things that pop into my head when I hear Ringling Bros. and Barnum and Bailey Circus. The first is “are they are still around?” And the second is “I really hope those animals are OK.” And I am pretty sure I am not alone with either sentiment. For the first time in 150 years, the historic entertainment brand is completely overhauling the show and building… Read More


Source: TechCrunch

Coding needs a new youth movement

smiling teenage boy with computer keyboard and letters salad as background Coder or not, at one point or another you’ve thought of tackling web design. Or mobile app development. Or database querying. Or something else from the evolving list of savvy, modern languages out there. (Yes, there are hundreds and hundreds.) For non-coders, the lack of control and reliance on developers plays into the pressure to pick up on at least some form of programming &#8212… Read More


Source: TechCrunch

How To Make Jam in the Microwave

How To Make Easy Jam in the Microwave

This one goes out to all of you who really want to make jam, but just lack the time, energy, counter space, or mental fortitude for a large canning project.

Microwave jam is ready in under 20 minutes and makes one perfect little jar of jammy goodness. Here’s everything you need to know.

Continue reading “How To Make Jam in the Microwave” »


Source: Simply Recipes

Disrupt London 2016 returns to the Copper Box Arena

TechCrunch Disrupt London 2015. Image ©Dan Taylor/Heisenberg Media.

For bookings contact - dan@heisenbergmedia.com or +447821755904 Disrupt London 2016 is fast approaching, and we’re thrilled to announce that we all had such a great time last year that this year’s show is returning to the fabulous Copper Box Arena in Queen Elizabeth Olympic Park. The Copper Box Arena was built to accommodate the 2012 Summer Olympic games in London. It was originally called the Handball Arena, since it was going to be primarily… Read More


Source: TechCrunch

Kobe Bryant is launching a $100 million investment fund

Washington Wizards v/s Los Angeles Lakers December 14, 2010 Shooting hoops and writing checks might not seem to have too much in common, but this is the road that Bryant is taking following his retirement from basketball. Read More


Source: TechCrunch

Sony may unveil two new versions of the PS4 next month

20th Anniversary PlayStation 4 DualShock PS button. Sony will reportedly unveil two new versions of the PlayStation 4 at its upcoming New York press event on September 7. Read More


Source: TechCrunch

RTV – Radio and Television