Archive for June, 2009

Sells His Car, Van Pay Online Debts

van to pay online debts

AT a banana leaf restaurant off Jalan Klang Lama, the waiter points to a man concentrating on his laptop. “He’s gambling now,” he says. “He sold his car and a van to pay debts he piled up after only three months of online gambling.” The story is a common one. With Wi-Fi technology allowing any gambler with a laptop to place bets any time or place, online racketeers appear to be one step ahead of anti-gambling laws.

Malay Mail’s investigations into the extent of online gambling revealed property dealers, civil servants and wives of the wealthy who all gamble online. A Malay Mail reporter visited two virtual casinos over the weekend with two regulars who tried their luck with RM20,000 and RM10,000 each. Both lost.

Both had opened an account each at Internet gambling websites in Cambodia and Vietnam after paying a deposit of about RM5,000 with their credit cards. The operators of the online casinos, mostly abroad, appoint agents in Malaysia. The local collectors go to their homes to collect cash and distribute winnings. In other cases, gamblers would, from their personal computers, use credit cards to set up prepaid gambling accounts with those Internet sites. In the course of the betting, losses would be deducted from the pre-paid account, and wins would be added to it.

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Sells His Car, Van Pay Online Debts

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Riversimple Promising Equivalent of 106 km/liter

Equivalent of 106 km/liter

Britain-based Riversimple, a company founded by former race car driver Hugo Spowers and backed by Porsche scion Sebastian Piech, Tuesday unveiled the prototype for a two-seat, hydrogen powered car promising fuel consumption equivalent to 360 miles per gallon (106 kilometers/liter).

Riversimple bills itself as a company dedicated to making highly energy efficient vehicles using a “radical new approach to personal mobility.” Instead of selling the car, touted as the world’s first low-cost and practical hydrogen vehicle, Riversimple says it plans to lease it, for about 200 British pounds (US$315) per month – for the car’s expected 20-year lifetime.

Leases would include refueling. Production may begin by 2013, it said. Hydrogen, which generates zero emissions, is considered just about the cleanest option for automotive power. But issues of how to store and distribute it for refueling have yet to be resolved. Most prototype hydrogen-powered vehicles developed so far have been impracticably heavy or expensive, or both. Riversimple’s vehicle is built of lightweight composite materials and weighs only 772 lbs (350 kilograms).

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Riversimple Promising Equivalent of 106 km/liter

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OpenSource Hydrogen Car Takes To The Road

OpenSource Hydrogen Car

A fresh hydrogen-powered car, whose designs will be “open source” and acquaint for chargeless use on the web, was apparent today in London. The aggregation abaft the Riversimple burghal car affirmation the fresh archetypal proves hydrogen automotive technology is accessible for roll-out now rather than in 10 years’ time.

The open-source access agency entrepreneurs about the apple could download the designs and accomplish the two-seater ancestor locally for free. The car, which collection in to the barrage event, is able of a 50mph top speed, 0-30mph dispatch in 5.5 seconds, and has a 240 mile range. The car’s backers say it has greenhouse gas emissions of 30g/km CO2, beneath than a third of the most recent amalgam petrol cars such as the Toyota Prius and Honda Insight.

The failing Smart car-size agent uses hydrogen in a bashful 6kW ammunition cell, and – in the case of this ancestor – uses hydrogen adapted from accustomed gas. Hydrogen can additionally be created from baptize application electrolysis and potentially alike from biofuels. The open-source accommodation was fabricated to dispatch the car’s commercialisation, with the aggregation acquisitive entrepreneurs globally will acclimate it to bounded conditions. Hugo Spowers, a motorsport architect and the architect of Riversimple, said: “We appetite competitors, alike if they’re in the UK. We accept that accessible antecedent is commercially the best affair for us to do, as it will advice abound the bazaar for hydrogen technology, from genitalia to aliment and the refuelling infrastructure.”

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OpenSource Hydrogen Car Takes To The Road