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May 29, 2009 2:04 PM PDT

Where to go for fried chicken in North Korea

by Mark Rutherford
  • 7 comments
(Credit: NKEW)

A Google Earth interactive Web site called North Korea Economy Watch not only sheds light on that country's economic, military, and cultural infrastructure, but also maps some of its darkest secrets.

The site is intended as a resource for business, policy makers, academics, journalists and others interested in the North Korean economy, according to founding editor Curtis Melvin. Academic in nature, it shies away from editorializing on hot potatoes issues like the manufacturing of nuclear weapons, and starving peasants.

But it's all there for viewers to form their own conclusions. Palatial mansions and vast compounds for Kim Jong Il and other honchos that include pool complexes and even a waterslide, contrast unfavorable with the austerity of the rest of the country.

Locations of interest run the gamut from anti-aircraft emplacements, military bases, nuclear facilities and prison camps ("The Barn' where the USS Pueblo crew were kept) to restaurants (Pyongyang Fried Chicken Restaurant) and items on dating and courting (defectors claim that prostitution is on the rise).

It also shows what is believed to be the mass graves of some of the estimated two million people who starved in the 1995-98 famine.

The site combines the founding editor's own painstaking research with material from independent contributors to deliver what some are calling one of the "most comprehensive mappings of North Korea that publicly exists today." For example, Melvin told the Wall Steet Journal that he spent hours in front of a computer screen just tracing power lines and looking for telltale shadows of electric towers in order to detail the country's electrical grid.

All posts are attributed to allow peer verification and reference, according to Melvin.

Originally posted at Military Tech
Mark Rutherford is a West Coast-based freelance writer. He is a member of the CNET Blog Network, and is not an employee of CNET. Email him at markr@milapp.com. Disclosure.
May 21, 2009 5:20 PM PDT

Hungry investors snap up OpenTable

by Steven Musil
  • 4 comments

OpenTable was the special of the day on Wall Street on Thursday.

The restaurant-reservation company's stock soared on its first day of trading on Nasdaq, gaining nearly 60 percent to close at $31.89 after selling 3 million shares at $20 a share during its initial public offering Wednesday. Nearly 5 million shares changed hands, trading as high as $35.50.

OpenTable's stock performance is the biggest first-day gain for an IPO since energy-management systems firm Orion Energy Systems gained 65 percent in its debut in December 2007, according to IPO research firm Renaissance Capital.

OpenTable's revenue comes from monthly subscription fees charged to restaurants for access to the company's service, as well as a $1 fee paid by restaurants for each seated guest derived from reservations made on OpenTable's site.

The company earned 2 cents per share on nearly $16 million in revenue in the quarter ended March 31, 2009, and lost 10 cents per share on revenue of $13.2 million in 2008.

The San Francisco-based company says it has 10,000 restaurant customers around the world and has seated more 100 million diners since its inception in 1998.

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