Monday, Jan 6, 2014 

Giant ‘Siats’ dinosaur discovered, second only to the T.rex

Utah is making a name for itself as the place to unearth dinosaurs. Earlier this year a big-nosed dinosaur was discovered in the state, and just recently a relative of the Tyrannosaurus rex was also unearthed. Today, yet another dinosaur has been discovered: Siats meekerorum. While its name might sound tame, Siats refers to the man-eating monster from the mythology of the Ute Native American people. Siats “was a colossal predator second only to the great T. rex,” explains Lindsay Zanno, director of Paleontology at the North Carolina Museum of Natural Sciences. 

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KKR to invest $100 million into wireless infrastructure

KKR is making its 11th infrastructure investment. This time they are focussing on wireless infrastructure in rural America. KKR will be a minority investor in its three different communication companies. 1. PEG Bandwidth is a company that builds and operates backhaul networks. Their focus is on connecting wireless communication towers to the data and fiber backbone networks on the ground. 2. AP Wireless buys cell sites both on the ground and on rooftops (domestic and international.) 3. AP Towers develop wireless communication towers and purchase already existing towers. With the explosion of smart devices there has been a dramatic increase in demand for data. This demand is driving investments into wireless infrastructure. The current infrastructural grid is drastically outdated and in a large part of the country still consists of copper cable, which is unable to handle the burden of big data. Raj Agrawal, KKR's Head of North American Infrastructure said, "The need for wireless infrastructure will continue to be driven by increases in wireless data usage that is overwhelming existing network capacity... We are excited about the opportunity to partner with Associated Partners to grow this premier set of businesses with critical telecom infrastructure assets." KKR appears to be betting on factions of the economy that are driven by technical revolutions. In the last year they have also invested into natural gas. With the development of shale natural gas, the amount of natural gas available has skyrocketed. "As the shale revolution is driving the growth of natural gas pipelines to transport molecules, the advent of the smart phone is driving a similar wireless explosion to transmit electrons. Wireless communication networks are an essential component of the nation's infrastructure," said Scott Bruce, Managing Director of Associated Partners, L.P. "We are excited to have KKR partner with us as we expand our businesses."

About KKR Founded in 1976 KKR is  led by Henry R. Kravis and George Roberts. KKR is a leading investment firm with $90.2 billion under management as of September 30, 2013. With offices around the world, and notable global voices such as David Petraeus,  KKR manages assets through a variety of investment funds and accounts covering multiple asset classes. KKR seeks to create value by bringing operational expertise to its portfolio companies and through active oversight and monitoring of its investments.

http://assetsandmanagement.blogspot.com/2013/10/kkr-to-invest-100-million-in-wireless.html

What’s the best way to spend $600 on games right now?

Microsoft and Sony have just kickstarted the next generation of games with the new Xbox One and PlayStation 4. As of today, they’re simply powerful, relatively affordable new boxes that play games. Tomorrow, they could be capable of much, much more. 

NORQUAY Co. x Artisan Painted Canoe Paddles // Art of Camping

Took 8.6 Pips, chopping away at last night loss.

#forex #currency #trading #investing #economy #finance #wallstreet #nyc #newyork #italy #france #russia #china #videogames #callofduty #grandtheftauto #fund #pips #wolfofwallstreet

Since mid-September, when former U.S. Treasury Secretary Larry Summers withdrew his name from consideration to replace Ben Bernanke as chairman of the Federal Reserve next year, market participants have become increasingly interested in the policy views of current Fed vice-chair Janet Yellen, who is now set to take the reins at the central bank when Bernanke’s term expires in January.

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