Complete WikiPedia in a box. (via WikiReader)
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Taylor Wilson
Taylor Wilson (born 1994) is an American nuclear scientist who was noted in 2008 for being the youngest person in the world (at age 14) to build a working nuclear fusion reactor.
Dafaq! I want whatever he is smoking!!
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(Source: 9gag)
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IAmA NASA Astronaut that recently returned to Earth after a 1/2 year in space. I'm brand new to reddit (like hours ago) AMA
A very chilled out chat with the NASA Astronaut Ronald J. Garan, Who recently returned to earth after spending 164 days in ISS.
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Google brings restricted places of Amazon rainforest to public with Street View
Many areas of the Amazon, including Rio Negro Reserve, are under the protection of the Brazilian government with restricted access to the public, so we hope that this Street View collection provides access to this special corner of the planet that many of us otherwise wouldn’t have the chance to experience.
- Official Google blog
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Tata Megapixel [Official Launch Video] (by tatamegapixel)
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A requiem for startups in India
With the amendments brought by Budget 2012, An investment in any private company could be classified as income, unless the beneficiary can justify the investment and value of its assets to the Assessing Officer. Such income is taxable.
It is proposed to insert a new clause in section 56(2). The new clause will apply where a company, not being a company in which the public are substantially interested, receives, in any previous year, from any person being a resident, any consideration for issue of shares. In such a case if the consideration received for issue of shares exceeds the face value of such shares, the aggregate consideration received for such shares as exceeds the fair market value of the shares shall be chargeable to incometax under the head “Income from other sources.
Excerpt from Finance Bill 2012 (Page 8)
I don’t have to tell you about challenges you’ve to go though, to get an interested Angel invest in your company’s idea.
Now with the new amendment, lets spend even more time on convincing the “Tax Officer” that your idea is a legible asset of the company.
Further, it is also proposed to provide the company an opportunity to substantiate its claim regarding the fair market value. Accordingly, it is proposed that the fair market value of the shares shall be the higher of the value—
(i) as may be determined in accordance with the method as may be prescribed; or(ii) as may be substantiated by the company to the satisfaction of the Assessing Officer, based on the value of its assets, including intangible assets, being goodwill, know-how, patents, copyrights, trademarks, licences, franchises or any other business or commercial rights of similar nature.
And all these are applicable for the investments from April 1, 2013.
So either raise money before that, or learn magic!
Sources : Finance Bill 2012
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You’re never too young to make the right choice (by orliy1)
No criticism of market, science or Design patents… The simplest review an admirable design could get.
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James Cameron’s submersible broke the depth record for piloted vehicles, going down more than five miles. (via James Cameron’s Rocket Plunge to the Planet’s Deepest Recess)
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The g-speak SOE (spatial operating environment) is Oblong’s radically new platform. The SOE made its public debut in the film Minority Report, whose bellwether interface one of Oblong’s founders designed. But its full history extends backward to three decades of research at the MIT Media Lab. (via Home - oblong industries, inc.)
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