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File- This June 15, 2012 file photo shows SpaceX CEO and Chief Designer Elon Musk pausing during his commencement speech for Caltech graduates in Pasadena, Calif. Twice as fast as an airplane, cheaper than a bullet train and completely self-powered: that's the mysterious transportation system that inventor and entrepreneur Musk is promising to reveal design plans for Monday Aug. 12, 2013. (AP Photo/Damian Dovarganes)
File- This June 15, 2012 file photo shows SpaceX CEO and Chief Designer Elon Musk pausing during his commencement speech for Caltech graduates in Pasadena, Calif. Twice as fast as an airplane, cheaper than a bullet train and completely self-powered: that's the mysterious transportation system that inventor and entrepreneur Musk is promising to reveal design plans for Monday Aug. 12, 2013. (AP Photo/Damian Dovarganes)
SAN JOSE, Calif. (AP) ? Twice as fast as an airplane, cheaper than a bullet train and completely self-powered: that's the mysterious transportation system that inventor and entrepreneur Elon Musk is promising to reveal design plans for Monday.
Musk has been dropping hints about his "Hyperloop" system for more than a year during public events, mentioning that it could never crash, would be immune to weather and would move people from Los Angeles to San Francisco in half an hour.
Coming from almost anyone else, the hyperbole would be hard to take seriously. But billionaire Musk ? who sold his first computer program, a $500 space game called Blastar, at age 12 ? has earned his reputation as an inventor and entrepreneur, co-founding online payment firm PayPal, electric luxury carmaker Tesla Motors Inc. and rocket-building company SpaceX.
During a Tesla earnings call Thursday, Musk said he would reveal plans for the Hyperloop on Monday. But he said he is too focused on other projects to consider actually building it.
"I think I kind of shot myself by ever mentioning the Hyperloop," he said. "I don't have any plans to execute, because I must remain focused on SpaceX and Tesla."
He said he would fulfill his commitment to publishing a design, and he said he invites critical feedback after its release Monday to "see if the people can find ways to improve it." It will be an open-source design, meaning anyone can use it and modify it.
Also Thursday, Musk said during a Google Hangout with Sir Richard Branson about entrepreneurship, "It does involve a tube, but not a vacuum tube."
His hints and promises have prompted a flurry of online speculation.
Canadian John Gardi, a self-described "tinkerer," posted online and tweeted his conjecture a few weeks ago to Musk.
"I believe that Hyperloop is merely a modern day version of the pneumatic tubes used in banks, stores, and industry to move money and small items over long distances or to other floors of a building," he said.
Musk responded, "Your guess is the closest I've seen anyone guess so far."
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LONDON (Reuters) - British authorities would get the right to name and shame tax advisers who deliberately steer their clients into tax avoidance schemes that are likely to break the law, under a government proposal announced on Monday.
The proposal is part of a wider effort to discourage companies and individuals from using complex schemes - some of which drift over into illegality - to reduce their tax payments, after several multinational firms were shown to be paying little or no taxes in Britain.
"The vast majority of tax advisers are not high-risk and have moved away from selling aggressive avoidance schemes but there is still a minority that persists in promoting these schemes," Treasury Minister David Gauke said in a statement.
Tax avoidance schemes seek legal ways to reduce tax bills for companies or wealthy individuals. But some which take advantage of complex ownership structures, often involving overseas tax havens, are illegal.
The new policy would empower Her Majesty's Revenue and Customs (HMRC) to name the so-called high risk tax advisers it considers to be promoting schemes which are deliberately opaque and likely to be hiding illegal activity.
"This (policy) consultation will allow HMRC to further close in on the 'cowboy' advisers promoting these high-risk schemes," Gauke said.
While Britain has pushed for more international transparency on tax havens, it has faced criticism from campaigners because many of the most popular havens are British overseas territories or dependencies.
(Reporting by William James; editing by Andrew Osborn and Robin Pomeroy)
Source: http://news.yahoo.com/britain-plans-name-shame-cowboy-tax-advisers-230732021.html
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Society 1 has released a new hybrid clip - part lyric video, part full music video - for the track "Kill Me." Check it out below. You can also watch Society 1's previously posted video clip for the song "Lifeless" at this location.
You can get related band news and info in the sidebar and on the respective band pages.
Source: http://www.metalunderground.com/news/details.cfm?newsid=94492
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Diesel does another tease on Facebook...
Vin Diesel is having a bit of fun over his meeting with Marvel Studios. As you may recall, the Fast & Furious star noted in June that he was meeting with the studio and then hinted at an Avengers 2 role by posing in front of artwork featuring the cover of the venerable comic book title's second image. Now, the actor has posted the following image of Groot from Guardians of the Galaxy to his Facebook page:
Groot is a sentient alien who has a tree-like body and has proven remarkably difficult to kill, regrowing himself from a sprig on three different occasions. He is known for having just one phrase: "I am Groot!" which may or may not be a misinterpretation of the subtle nuances of his race's language.
If thye casting is legit, Diesel joins Chris Pratt, Zoe Saldana, Dave Bautista, Lee Pace, Michael Rooker, Karen Gillan, Djimon Hounsou, Benicio del Toro, John C. Reilly and Glenn Close in the film, which releases on August 1, 2014.
Source: http://www.411mania.com/movies/news/293789
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