Greece Becomes First Developed Country To Default To The IMF

From Zero Hedge:

*IMF SAYS GREECE FAILED TO MAKE PAYMENT DUE TUESDAY
*IMF BOARD INFORMED THAT GREECE IS NOW IN ARREARS

http://www.zerohedge.com/news/2015-06-30/these-are-greeces-5-possible-paths

The Greek situation ontinues:Greek Capital Controls Begin: Greek Banks, Stock Market Will Not Open On Monday; Ignoring Tsipras Plea For Calm, Greeks Storm ATMs, Stores, Gas Stations

From Zero Hedge:

Update: GREEK BANKS TO REMAIN CLOSED UNTIL JULY 6 : KATHIMERINI
Despite the reassurances from any and all elected (and unelected) officials, given the run on bank ATMs in Greece has turned into a stampede, it is not surprising that the CEO of Piraeus Bank just announced Greek banks would remain closed for at least one week; further as reported yesterday, the Greek stock market will also remain closed.

http://www.zerohedge.com/news/2015-06-28/greek-capital-controls-begin-banks-remain-closed-monday

From Zero Hedge:

Just a few hours ago Greek PM Tsipras addressed his nation imploring then to "remain calm" and reassuring them that their "deposits were safe." It appears the Greeks did not believe him. Many were wondering where the Greek bank lines were for the past several months. Turns out the local depositors were merely waiting until just after the last minute to withdraw their funds... horde gas... and stack food. Greece, it appears is Venezuela - the new socialist paradise.

http://www.zerohedge.com/news/2015-06-28/ignoring-tsipras-plea-calm-greeks-storm-atms-stores-gas-stations

And while they were eating he said, “Amen, I say to you, one of you will betray me.”Deeply distressed, they began to say to him,“Surely it is not I, Lord?”He said in reply,“He who has dipped his hand into the dish with me is the one who will betray me. The Son of Man will proceed as it is written of him, but woe to that man by whom the Son of Man is betrayed. It would be better for that man if he had never been born.”Then Judas, his betrayer, said in reply,“Surely, Lord, it is not I?"

Matthew 26:24

Your Next Hardware Project Might Be Biological, and Other News from the Solid Conference

From Makezine:

O’Reilly Media held its annual Solid conference this week in San Francisco. It’s an annual show  covering “Hardware, Software & the Internet of Things.” We found it eye-opening, informative, and occasionally controversial. Here’s some of what we heard at this year’s show:

Joichi Ito, Director of the MIT Media Lab, explains why he’s excited about synthetic biology

SYNTHETIC BIOLOGY

Joichi Ito, Director of the MIT Media Lab, explained that code is now being used for genes that can be printed into bacteria.

He predicts that a Moore’s law for biology is taking hold, accelerating biotech at five or six times the speed of internet or hardware innovation. In fact, he says, you can now do bio experiments in your kitchen that two decades ago would have won a Nobel prize. From his vantage, the future is in the convergence of hardware, software, and biology.

http://makezine.com/2015/06/26/your-next-hardware-project-might-be-biological-and-other-news-from-the-solid-conference/

Getting Started with Sprout by HP

From Makezine:

HP’s Blended Reality

We’ve been using the clunky mouse and keyboard in front of a display for more than 30 years. Despite this fact, most computer manufacturers are content to focus on making computers faster and smaller, rather than addressing the elephant in the room. The desktop computer is long overdue for a redesign, one that enables us to rethink the way we do work. We need to bring the ease of interacting with people and objects in the physical world into the digital world. This is the heart of the vision HP calls “Blended Reality.”
HP’s Blended Reality is an innovative approach to the way we interact with computers. It’s a way to merge the physical world that we live in with the digital world that we work in. With new ways to bring physical objects into the digital workspace, HP’s Sprout is poised to change the way that we interact with computers and each other.

Futuristic Hardware

The HP Sprout is far from your average desktop PC. Sitting atop the 23-inch LCD touchscreen is a device HP calls the “Illuminator,” containing a 3D scanner, a DLP projector, and several high-resolution cameras to capture images, depth, and more. The image of a digital workspace is projected from the Illuminator down onto an integrated Touch Mat. This turns the Touch Mat into a second display that is touch-sensitive and able to track up to 20 independent points at once. This unique combination of integrated hardware sets the Sprout apart from other desktop PCs and gives us a glimpse into HP’s vision for a new, immersive computing platform.

Innovative Software

Of course, hardware is only as good as its software, and the Sprout doesn’t disappoint. The Sprout runs on Windows 8.1, making it every bit as powerful as your average desktop computer, but the included Workspace software platform is the environment where HP’s vision of Blended Reality begins. From here, you can launch apps to scan documents, take photos, capture 3D objects, and collaborate on projects with remote friends or co-workers.

http://makezine.com/magazine/getting-started-with-sprout-by-hp/

WSJ: Early Tesla Motors Investors Raise $400 Million Impact VC Fund

From the Wall Street Journal:

More high-quality entrepreneurs are starting mission-driven businesses, he said. At the same time, a new generation of consumers cares more about who is involved in making products and how a company makes a product or service they pay for. As concepts such as fair trade and transparent supply chains are becoming increasingly important to businesses, Ms. Pfund said, such impact investing makes more sense.

http://blogs.wsj.com/venturecapital/2015/06/23/early-tesla-motors-investors-raise-400-million-impact-vc-fund/?mod=WSJBlog&utm_source=dlvr.it&utm_medium=twitter

Forbes: South Korea At A Crossroads

From Forbes:

South Korea, long-time US trading partner and home to several major tech industry giants, is at a crossroads. In the space of the next few months, the country will choose between a path that leads toward an autocratic and arbitrary trade regime like China’s or to a more transparent, open, and fairer system like those of Western Europe and North America.

http://www.forbes.com/sites/rogerkay/2015/06/22/south-korea-at-a-crossroads/