Tuesday 15 March 2011

BBC News - Nuclear power plants shut down in Germany

15 March 2011 Last updated at 11:51

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Nuclear power plants shut down in Germany

German nuclear plant Germany had decided to prolong the life of its nuclear power plants

Germany has temporarily shut down seven of its nuclear power plants while it reconsiders its nuclear strategy.

Chancellor Angela Merkel said all reactors that went into operation before 1980 would be taken offline, while safety checks would be carried on the country's remaining plants.

All safety questions would be answered by 15 June, she said.

The decision comes after concerns about radiation leaks at a Japanese plant after last Friday's earthquake.

Last year, Germany decided to extend the life of its 17 nuclear power plants by 12 years, but that decision was suspended for three months on Monday.

The government had faced growing pressure for the extension to be scrapped.

More than a quarter of all German electricity comes from nuclear power.

The Swiss government has also suspended decisions on its nuclear programme.

The European Commission is holding a meeting of ministers and experts on Tuesday to discuss the implications of the explosions at Japanese reactors on the European nuclear industry.

Concerns are growing about radiation leaks at a nuclear plant in Japan that has been hit by a third explosion in four days following last week's earthquake and resulting tsunami.

The blast occurred at reactor 2 at the Fukushima Daiichi plant - 250km (155 miles) north-east of Tokyo - which engineers had been trying to stabilise after two other reactors exploded.

Lessons from Japan?

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Tuesday 8 March 2011

Spotify: Big Numbers

Spotify founders Martin Lorentzon and Daniel Ek

Spotify founders Martin Lorentzon and Daniel Ek

Image: Spotify

Popular European music streaming service Spotify opened the kimono a little bit, revealing that they have 1 million paying users.

As AllThingsD's Peter Kafka points out, that's 15% of their around 7 million active users. That's an absolutely astounding number. Most "freemium" startups are told to expect around 1% of their users to convert to paid, and 5% is considered really good. So 15% is really huge. It's even bigger when you consider that we're talking about online music, which can be obtained totally free (albeit illegally and somewhat inconveniently).

We've said it before and we'll say it again: Spotify is an amazing product and business that has probably "cracked the code" on building a music service that users love and that can make tons of money. Your writer has been a happy Spotify premium subscriber for over a year and loves it.

Don't Miss: DST Is Going To Pour $100 Million In Spotify →

Glad to see SPOT looks as though it is here to stay!

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