Author: Serkadis

  • UCSD Business School Launches Student-Assisted Venture Fund

    RadyUCSD School of Management logo
    Bruce V. Bigelow wrote:

    Entrepreneurs scratching to find sources of startup capital in San Diego will soon be getting help from an unexpected source. The Rady School of Management at UC San Diego says it is launching its own venture fund that will use donor funds to make investments of $75,000 to $100,000 in startups commercializing new technologies.

    The Rady Venture Fund, which the business school describes as the first of its kind in San Diego, is modeled after the Wolverine Venture Fund, founded in 1997 by the University of Michigan’s Ross School of Business. The Michigan venture fund typically invests from $50,000 to $200,000 in seed and early-stage funding rounds in syndication with other VC firms and angel investors.

    “Our objective is to provide hands-on educational experience to UCSD MBA students—not on making returns on our investment,” says Lada Rasochova, a Rady School alumna who put the fund together as director of entrepreneurship at the UCSD business school. Yet Rasochova noted the Wolverine Venture Fund has made some successful investments, notably in Irvine, CA-based IntraLase Corp., and Ann Arbor, MI-based HandyLab, which was acquired less than four months ago by Becton-Dickinson for a reported $300 million. The Wolverine Venture Fund is estimated to have made $2 million on a $300,000 investment in the medical technology startup.

    An external advisory board made up of venture investors, entrepreneurs, and community leaders will help provide guidance on the fund and associated coursework. Rasochova says there also are two “safety checks” on venture investments made by the fund. She says a committee that includes venture industry veterans will make investment decisions, and investments only will be made jointly with another VC firm. Rasochova says Rady students will participate in the entire investment process, “so we would prefer to make investments in the San Diego region so our students can help them succeed.”

    The program, which is open to both full-time and flex-time MBA students, includes a more academic course in venture finance and investment analysis and what Rasochova calls two “hands-on” classes that enable students to vet business plans, support entrepreneurs, and help manage the fund and its venture investments.

    The Rady Venture Fund is expected to make only one or two investments per year in startups focused on high technology or the life sciences, although Rasochova says the fund has ruled out drug development companies because of the extraordinary time and costs involved.

    Because the Rady Venture Fund is funded by donations to the business school through the UC San Diego Foundation, Rasochova says any investment returns will revert to the venture fund and the Rady School of Management. If there was a really huge return, she says, Rady School Dean Robert S. Sullivan would decide how any spillover funds would be used.







  • Server Makers Rejoice! The Downturn Is (Supposedly) Over

    Forrester issued an optimistic report today claiming that the economic downturn of the last year and half is over, and forecasting that tech spending in the U.S. will grow by 6.6 percent in 2010 (though not as fast as the firm originally forecast back in September.) Now that growth rates have stopped falling, the beneficiaries of the hoped-for rise in fortunes will first be the server makers, followed by communications vendors and software providers.

    The recovery will be a function of spending on the part of companies that need to upgrade their equipment for the first time in some 18 months, a lessening of the overall economic gloom, easier credit thanks to a more stable financial market and a new wave of technology arising out of the addition of connectivity to everything. From the report:

    With these four factors looking positive, we expect that the 2010 tech recovery will be much stronger than the economic recovery. Measuring nominal GDP and tech investment on a year-over-year basis (as vendors measure their revenue growth), we forecast that in 2010 US business investment in technology goods will grow by 6.6% in Q1, 6.3% in Q2, 9.6% in Q3, and 8.6% in Q4 — more than twice as large as the nominal GDP growth rates of 2.6%, 3.4%, 3.4%, and 3% for the same quarters (see Figure 8). That will be a recurrence of the pattern of growth from Q4 2007 to Q2 2008, when tech investment also grew at almost twice the rate of growth in nominal GDP. The tech boom that started in late 2007 and early 2008 will be back on track.

    Let’s hope we’re not entering another bubble, perhaps one tied to adding connectivity to everything. Already we have more e-readers than the market can handle. Add to this an influx of iPhone clones,  3-D television (GigaOM Pro, subscription required), smart grid funding, tablet frenzy and the potential for huge increases in connectivity costs that might derail such innovations before most people ever get to try them, and I’m sure that amid the good news there will still be some bad.

    Thumbnail image courtesy of Flickr user Lepiaf.geo

  • Gartman: Here’s How The Chinese Tightening Could Prick The Real Estate Bubble, But Help Inflate Stocks

    dennisgartmancnbc.png

    A big topic in this morning’s Gartman Letter is China and its well-known real-estate boom.

    The Gartman Letter: Moving on, the news of the People’s Bank of China’s move to again tighten monetary policy had the effect one might have expected upon Chinese equities: they fell and they fell rather sharply… initially. Interestingly, by the day’s end, after having sold off sharply, share prices in China rallied and rallied quite materially, finishing up nearly 2%! It was really most impressive action.

    As noted above on p.1, the People’s Bank moved to allow its “auction” rate on year bills to rise 8 bps, after having allowed the auction rate on shorter term bills last week to do the same. The Bank is concerned about a “Bubble” in real estate prices all across the country, but most notably along the eastern seacoast in Shanghai, Tientsin, Guangzhou, et al…and it wishes to stop that Bubble from becoming worse.

    The one certain way to do so is to raise interest rates and to make bank lending more difficult and more expensive. The Bank is doing precisely that, but in the process it is having an interestingly supportive effect upon stock prices. Perhaps the market believes that money will move quietly away from land and move toward equities, or perhaps the market is simply coming to understand that the global economy is strong and getting stronger and that profits shall soon be higher and rising.

    Interesting, no?

    Join the conversation about this story »

  • Welcome to Vegas

    Las Vegas strip as it appears from Planet Hollywood main entrance-exit

  • Editorial: Health care bill offers direct benefits to Stanford

    After nearly a year of debate within the House and Senate, the Affordable Health Care for America Act was passed and will soon become law. This bill’s primary aim is to extend coverage to the more than 30 million Americans without coverage today.

    This bill has received stiff opposition from the Republican Party. It is quite an accomplishment to finally achieve some legislation to address an issue that has been pressing America for several decades. In close examination of both versions of this bill, there will certainly be some things that students on campus will find positive and certainly some that will be much less pleasing. The Editorial Board believes that there are some aspects of this bill, in particular, that will benefit the Stanford community greatly, and the bill’s shortcomings can be mended in the long run if we as citizens continue to follow the progress of health care in America.

    A major complaint about this bill is that it presents immediate costs with delayed benefits. The bill mandates individuals to attain health insurance and requires that most employers provide insurance to their employees as well, a system not altogether different from the current system here at Stanford. College-age individuals, for example, receive a very immediate and significant benefit: extended coverage for young adults, which would allow college-age Americans to stay on their parents’ insurance plan until the age of 26, rather than the usual 19 or 21. This measure saves money for families across America and will prove useful to many members of the Stanford community, particularly in a time of economic recovery.

    But the extension of health coverage in this country must come at a cost to everyone involved in the system. Estimates place the cost of this act at nearly a trillion dollars, to be added to the already ballooning national budget and deficit. The most efficient path to minimizing these costs is not to continue to ignore those Americans without coverage, but to place increasing pressure on the health care industry to make its costs more reasonable. The U.S. spends more than two times that of other developed nations, per capita, on health expenditures, despite the fact that our overall health as a nation suffers in comparison to Europe and other industrialized areas.

    Now that this debate has taken place on a national level, we hopefully have entered an era where the issues of heath coverage and insurance costs is something very deliberately and openly discussed among the American public, and not decided by an oligarchy of politicians and health care institutions. When the Senate and House versions of this act are reconciled and finally adapted to law, Democrats and Republicans alike should not view this as an end to the health care debate in this country, but merely the beginning of an enduring challenge to make health coverage affordable and fair.

  • CardiAQ Captures $6.5M A Round Led by Former CoreValve President

    CardiAQ logo
    Ryan McBride wrote:

    [Updated and clarified—1/12/10, 2:30 pm ET, with timing of potential human study and other details] CardiAQ Valve Technologies, which is developing a catheter-based alternative to open-heart surgery for mitral valve implantation, reports today that it has raised $6.5 million in a Series A round of funding. The funding is expected to support R&D needed to advance the firm’s main product to human studies.

    Rob Michiels, the former president and COO of CoreValve (now Medtronic CoreValve) and a board member at CardiAQ, led the round, which included angel investors that backed CoreValve in 2002, according to CardiAQ. Previous investor Broadview Ventures also contributed to the financing. The financing includes the conversion of $1.5 million in debt to equity in CardiAQ, meaning that there was a total of $5 million in new capital raised in the deal, said CEO J. Brent Ratz, in an interview. CoreValve, a California provider of a catheter-based system for aortic valve replacement, was acquired by Minneapolis-based medical devices giant Medtronic (NYSE:MDT) in April 2009 for an impressive $700 million. The deal was one of the largest M&A transactions in the medical devices industry last year. [The above paragraph was updated to add information about the firm’s debt-to-equity conversion in its latest round of financing.]

    CardiAQ has garnered high praise from Michiels for its approach to treating mitral regurgitation, a heart disease in which the mitral valve fails to close and allows blood to leak backward between the two left chambers of the heart. The standard treatment for this problem is open-heart surgery, which poses health risks to patients such as heart attacks and infections. CardiAQ and other medtech startups such as Stoughton, MA-based CardioSolutions are developing techniques to avoid open-heart surgeries by either replacing or repairing failed mitral valves with catheter-based approaches.

    “[CardiAQ’s] success in raising this over-subscribed round in record time is a dramatic endorsement of the strength of our transcatheter mitral valve implantation concept for patients who suffer from functional mitral regurgitation and are often too sick to have [open-heart] surgery,” said CEO Ratz, in a statement. “Our valve replacement technology will facilitate a non-surgical alternative that could be more effective than transcatheter repair and just as effective as surgical replacement in a mitral market that is estimated to be $1.2 billion by 2014.”

    Ratz said that the company is aiming to begin human studies of its mitral valve-implantation system in 2011. Arshad Quadri, a cardiac surgeon at St. Francis Hospital in Hartford, CT, is the founder and chief medical officer of the company. [This paragraph was changed to add information on when the firm expects to begin human studies.]







  • Goldstone Resources Inc: Premier provides 2010 exploration update – 5 major drill programs totalling 100,000 metres drilling PG.to, GRC.to

    With Gold signalling a Short term Buy now, US Dollar Christmas party could be over and Job report has brought Hangover. Winter blues will take the green fellow over. There is only one medication left from economic malaise: print new money, buy its own debt and let’s pray that some of it will go for the right cause and not only to Wall Street bonus payments.”

    We are interested in Hardrock property shaping into a gold deposit with very impressive intersections. We wish our Lithium plays have a partner like Premier Gold. 43-101 resource estimation was promised before by the end 2009, now we have another indication of Q1 2010. We are expecting deposit to be larger then 2 mil OZ Gold inferred resources. Any surprise to the upside will provide further revaluation in Goldstone Resources Inc. GRC.to holding 30% of the property.

    This Canadian Gold play – one of our Top Picks for 2009, is getting better and better with new high grade intersections. Roxmark Mines became a part of the new company Goldstone Resources GRC.to after merger with Ontex Resources. We have considered it as Canadian Gold M&A Play with premier buying out 30% of Hardrock project at some point.”

    Premier provides 2010 exploration update – 5 major drill programs totalling approximately 100,000 metres drilling

    THUNDER BAY, ON, Jan. 12 /CNW/ – PREMIER GOLD MINES LIMITED (TSX:PGNews) provided today an update of the Company’s major 2010 exploration plans for its Northwestern Ontario projects. Drill programs are planned for the Hardrock, Rahill-Bonanza, Lennie, East Bay and PQ-North Properties. Highlights for the upcoming year include:
    – Actively drilling on 5 properties (Q1), establishing Premier as one
    of Canada’s most active gold explorers
    – Some 100,000 metres of diamond drilling.
    NI43-101 resource estimate for Hardrock to be released during Q1
    – Red Lake underground initiative will open up huge exploration
    potential
    – Follow-up drilling at PQ North gold discovery zones

    Ewan Downie, President and CEO of Premier said, “Premier had spectacular exploration success during 2009. Multiple new high-grade gold discoveries demand aggressive follow-up, resulting in what will be one of the industry’s largest exploration and development budgets in 2010. In particular, our success at the Hardrock Project has led to the delineation of what is possibly one of Canada’s most exciting new gold projects.”
    Hardrock Project – Building on 2009 Successes
    ———————————————
    The Hardrock Project, operated under a joint venture with Goldstone Resources Inc. (TSX:GRCNews; Premier holds a 70% interest), will remain the Company’s most active project with more than 70,000 metres of drilling planned. In 2009, more than 90,000 metres of drilling was completed at Hardrock, successfully identifying multiple open pit and underground style gold zones with the following highlights:
    – Discovery of the High Grade North Zone: 1,141.5 g/t Au across
    2.0 metres (33.3 oz/ton across 6.6 feet).
    – The EP (open pit) Zone was defined over a strike length of more than
    1 kilometre and remains open for expansion.
    – Discovery of the NN Zone (open pit) along strike from EP – recent
    drill intersections that define this zone include 6.91 g/t Au across
    18.7 m (0.20 oz/ton across 61.3 feet), 5.69 g/t Au across 24.2 m
    (0.17 oz/ton across 79.4 feet) and 52.90 g/t Au across 7.9 m
    (1.54 oz/ton across 25.9 feet).
    – Late in 2009, initial drilling in a new target area returned
    high-grade results including 121.00 g/t Au across 1.5 m (3.53 oz/ton
    across 4.9 feet).
    The Hardrock Project is host to several past-producing mines which collectively produced more than 3.0 million ounces of gold, primarily from shallow depths within 2,000 feet (600 metres) of surface. The mined zones remained wide open at depth at the time mining ceased and resources were left in place within the existing mine workings.
    In 2009, drilling focused on confirming both open pit and underground mineralization with the goal of identifying a potentially multi-million ounce gold resource that can be moved quickly towards development. The Project offers development advantages with the Trans-Canada Highway, Trans-Canada Pipeline, and major power lines running through the centre of the property. Significant potential for developing resources has been identified in several areas including: 1) Open pit-style mineralization proximal to the main zones previously mined by underground methods; 2) Discoveries including bonanza-style gold zones; 3) Down-plunge of historically mined zones including the SP and North Zones; and, 4) Mineralization along strike from historically mined zones in the NN and North Zone areas.”
  • “Bachelor Pad,” “The Bachelor” All-Stars Spinoff, Picked Up By ABC

    There were whispers about this last fall, but now it’s official: The Alphabet Network is forging ahead with plans to premiere The Bachelor All-Stars.

    ABC has ordered a six-episode spinoff of its wildly-popular Bachelor series that will see 20 former contestants from the past 13 seasons of The Bachelor and past 5 of the Bachelorette residing under one roof for an “all-star” reunion series, The Hollywood Reporter said Tuesday.

    Members of the house will compete in challenges with one contestant being eliminated at the conclusion of each show.

    “All these people have been friends, been enemies, they date each other and bring all this great backstory to the show,” says Bachelor executive producer Martin Hilton. “It seemed like there was an opportunity to combine that world with a new competitive reality show.”

    Bachelor Pad, hosted by The Bachelor’s Chris Harrison, is expected to premiere on ABC in the Summer of 2010.


  • Syclo Positioned in the ‘Leaders’ Quadrant of 2009 Mobile Enterprise Application Platforms Magic Quadrant

    Evaluation Based on Completeness of Vision and Ability to Execute

    Syclo, a market leader in mobile platform technology and applications, announced today it has been positioned by Gartner, Inc. in the “Leaders” Quadrant of its 2009 Magic Quadrant for Mobile Enterprise Application Platforms* report.

    This recognition caps off a banner 2009 for Syclo — already with one of the largest enterprise mobile installed bases, the Chicago-based firm grew much faster than the average market pace by adding 72 new customers that included Fortune 500 companies in oil and gas, life sciences and manufacturing as well as major utilities and government agencies.

    Syclo’s success has also been fueled by an aggressive international expansion and strengthening of its partnership with software giant SAP® AG.

    Earlier in the year, SAP and Syclo signed an agreement centered around co-innovation to deliver mobile extensions of SAP ERP and SAP CRM systems.

    A mobile enterprise application platform (or MEAP) is a framework that lets companies effectively develop, test, deploy and manage multiple mobile solutions across their organization.

    MEAPs address the difficulties of developing mobile software by managing the diversity of devices, networks and user groups at the time of deployment and throughout the mobile solution’s lifecycle.

    In Syclo’s experience, this flexibility can produce costs savings of 15-20% compared to using code-centric approaches. Gartner states, “We believe that more than 95% of organizations will be choosing MEAP or packaged mobile application vendors as their primary mobile development platforms through 2012.”

    “We believe Syclo’s market growth in a year when many companies are slashing costs just to stay competitive shows why we’re a leader. We have the superior vision to help you strategically address the complexities of today and tomorrow — as well as the experience for execution excellence,” said Richard Padula, President and CEO of Syclo.

    “To help customers reliably drive efficiency, cut costs and improve productivity, we continue to invest in our core Agentry mobile platform technology and pre-packaged suite of SMART mobile applications. They’re faster, smarter, more versatile and easier to deploy and use than other comparative offerings, so we can turn these leading-edge advances into greater ROI for our customer base.”

    Syclo’s strategy is twofold: bring the most innovative technology and products to market and deliver world-class services and support to its customers.

    Even in a year of global economic downturn, the privately held company continued to bolster its customer support and professional services organizations, and it’s pushing the technology envelope with the latest release (5.1) of its Agentry mobile platform.

    Key among the platform’s 5.1 enhancements is new Mobile Device Management (MDM) functionality, which centralizes monitoring, tracking and control over your entire population of devices to help control costs and increase security. Agentry is the first enterprise mobile platform to come embedded with MDM. Agentry 5.1 includes this technology at no extra cost to Syclo customers.

    The criteria used by Gartner to evaluate 11 Mobile Enterprise Application Platform vendors were based on their ability to execute and their completeness of vision.

    Gartner places each of the vendors in one of four “quadrants”: Leaders, Challengers, Visionaries or Niche Players.

    *Gartner, Magic Quadrant for Mobile Enterprise Application Platforms, William Clark, Michael J. King, 16 December 2009

    About Syclo

    Since 1995, Syclo has helped over 750 companies streamline workflow and improve productivity with its innovative mobile solutions and first-in-class execution expertise. Syclo delivers quick ROI by offering rapidly deployable mobile software applications built on a 100% configurable mobile Agentry™ platform.

    Syclo’s SMART Mobile Suite includes prepackaged and pre-integrated applications for the fastest path to extend enterprise systems to field workforces.

    Unlike other mobile solutions, Syclo simplifies enterprise wide deployments with a leading strategic architecture for one or more mobile applications, letting you concentrate on business processes. Syclo also sets the standard for adapting to rapid change.

    For more information, visit syclo.com, or email [email protected].

    About the Gartner Magic Quadrant

    The Magic Quadrant is copyrighted Dec. 16, 2009 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner.

    Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action.

    Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    To learn more about MEAPs visit syclo.com/meap or e-mail [email protected]. To access a copy of the report directly from Gartner, subscribers should reference report #G00162969

    Syclo and Agentry are trademarks of Syclo LLC. All other trademarks are property of their respective holders.

    For more information, contact [email protected]

    MEDIA CONTACT:

    Joe Granda, 847-230-3800
    [email protected]


  • This Democrat Is Cruising To Re-Election By Opposing Healthcare Reform

    larry kissell

    In this Year of the Elephant, at least one Democrat is doing fine. That would be North Carolina Rep. Larry Kissell, who is in a conservative district, but is leading in polls by 14-18 points.

    But, as Dave Wiegel notes, he’s an opponent of the current healthcare reform bill, and so his GOP opponent doesn’t have much to run on.

    This is why healthcare reform is no done deal just yet.

    As fellow Democrats watch Kissell and the race in deep blue Massachusetts, it’s easy to see which side to play on if you want re-election.

    Join the conversation about this story »

    See Also:

  • Nintendo responds to Greenpeace report

    Greenpeace released its Guide to Greener Electronics report last week, and Nintendo happened to be at dead last on the list (qjnet/nintendo-ds/nintendo-still-dead-last-in-greanpeace-guide-to-greener-electronics.html). Rushing to the defense of their hardware, Nintendo issues a statement to debunk the report,

  • Nissan developing two subcompact cars for U.S. priced under $10,000

    Nissan will be developing two subcompact vehicles for the American market to be based off of the carmaker’s global V platform. The as-of-yet unnamed models will supplant the Versa as the companies smallest vehicle in the U.S., and will sell for an attractive figure; under $10,000.

    To be sourced in Mexico, the V platform will support three cars; two of which will be sol din the U.S., but all three to be sold in Central and South America. There was no mention of the equipment to be available in the cars, but one can make an educated guess; the compact Versa MSRP’s for just under $10,000 and there are no power windows and a radio is optional.

    It is anticipated that the Mexican plant will put out approximately 200,000 vehicles per year; engines and transmissions included. The company forecasts the production of at least 1 million V based vehicles a year throughout its five capable plants.

    – By: Stephen Calogera

    Source: Automotive News (Subscription Required)


  • Fijan lista de empresas electrónicas “verdes”

    WASHINGTON, EFE

    Sony Ericsson y Nokia son las compañías con menos contaminación, según un informe dado a conocer por Greenpeace, que colocó a los fabricantes Nintendo, Microsoft y Lenovo al final de la lista en términos medioambientales.

    La ‘Guía para una electrónica más verde’ de dicha organización, que este año cumple 14 años, también criticó a gigantes del sector como Samsung, Dell y LG Electronics por no cumplir sus promesas de eliminar de forma paulatina productos tóxicos en sus productos.

    Los mejores
    En el otro extremo se sitúan Apple y HP (además de las ya mencionadas Sony Ericsson y Nokia), que según Greenpeace están liderando al sector con la retirada de sustancias peligrosas de sus líneas de producción.
    Por ejemplo, HP presentó en la feria CES que se celebra en Las Vegas (EE.UU.) el ordenador Compaq 8000f Elite, el primer aparato de la compañía que no contiene ni vinilo (plástico PVC) ni retardantes brominatados (BFR).

    Según los ecologistas, la mayoría de los grandes fabricantes de productos electrónicos del planeta se habían comprometido eliminar el PVC de sus aparatos para finales de 2009, pero la realidad es que han retrasado su compromiso por lo menos hasta el 2011, lo que la Organización considera una muestra de su falta de interés.

    Greenpeace dijo que el PVC es “de todos los plásticos el más dañino en términos medioambientales y puede formar dioxinas, un conocido cancerígeno, cuando es quemado”.

    Fuente Bibliográfica

  • Ola de frío cuestiona al calentamiento global

    BBC

    Dadas las circunstancias climáticas, no es del todo sorprendente que muchos se pregunten, alzando las cejas, “¿qué pasó con el calentamiento global?”.

    La respuesta de los científicos es inequívoca: “es indudable que en los últimos 100 años el mundo se ha calentado”, dijo Rob Varley, investigador de la Oficina Meteorológica del Reino Unido (Met, por sus siglas en inglés), “y está claro que las temperaturas seguirán aumentando. El hecho de que mi jardín esté un poco más nevado en estos días no modifica eso en un ápice”.

    Sin apresurarse
    Si bien las temperaturas heladas pueden inducirnos a creer que lo que está ocurriendo es precisamente lo contrario, los expertos advierten que no hay que confundir el clima con el estado del tiempo.
    El tiempo es la variación climática que ocurre día a día o mes a mes.
    El clima, en cambio, es el estado del tiempo durante un período de 30 años y eso, afirman los expertos, es lo que está cambiando.

    Según le explicó al diario británico ‘Telegraph’ Stephen Dorling, experto en Ciencias Medioambientales de la Universidad de East Anglia, en el Reino Unido, no es correcto sacar conclusiones de un hecho aislado, ya se trate de una ola de frío o de una de calor, ya que estos eventos forman parte de la variabilidad del clima.

    Lo que hay que destacar, señala Dorling, son las tendencias del clima a largo plazo, que son las que ofrecen evidencias más firmes sobre las transformaciones que ocurren en el clima.

    Pronósticos erróneos
    Para agosto de 2009, la Oficina Meteorológica del Reino Unido (Met, por sus siglas en inglés), predijo un verano seco y caluroso, un error que se disipó muy pronto con la llegada de lluvias y un calor que nunca llegó a materializarse. Para diciembre y enero el pronóstico auguraba un invierno templado y lluvioso. Nuevamente, el anuncio fue errado.

    Pero, para los científicos, estos desaciertos no son más que una confirmación de que el clima está cambiando. Según los especialistas, una de las consecuencias del cambio climático es precisamente la imposibilidad de hacer predicciones acertadas de uno a seis meses, debido a que el calentamiento global está interfiriendo con los patrones del clima, que ya no siguen su curso habitual.

    Fuente Bibliográfica

  • 2011 BMW 740i prices start at $71,025, $10 grand cheaper than the 750i

    2011 BMW 740i

    Just yesterday, we brought you live images of the 2011 BMW 74oi from the 2010 Detroit Auto Show. BMW has now announced pricing on the new 2011 740i and the 740Li, both which are powered by a twin-turbocharged inline-6 engine.

    Pricing will start at $71,025 for the 740i and $75,425 for the long wheelbase 740Li. That’s $10,795 less than the current entry-level model 750i, which starts at $82,000. Sales of the 74o models will begin in Spring 2010.

    Both models will be available with the full complement of well-known 7 Series options and packages, including the M Sport Package, Driver Assistance Package, Luxury Seating Packages, Rear Entertainment Package, and even the BMW Individual Composition Package.

    Refresher: The 2011 BMW 740i and 740Li are powered by a 3.0L twin-turbocharged inline 6-cylinder unit making 315-hp and 330 lb-ft of torque. The engine is mated to a 6-speed automatic transmission.

    Click here for our post on the BMW 740i from the 2010 Detroit Auto Show.

    2010 Detroit: 2011 BMW 740i:

    2010 Detroit: 2011 BMW 740i 2010 Detroit: 2011 BMW 740i 2010 Detroit: 2011 BMW 740i 2010 Detroit: 2011 BMW 740i

    All Photos Copyright © 2009 Stephen Calogera – egmCarTech.

    Press Release:

    The 2011 BMW 740i and 740Li Sedans Pricing Announced

    Woodcliff Lake, NJ – January 11, 2010 … As an exciting example of its EfficientDynamics engineering philosophy, BMW announced the North American debut of the 7 Series with a twin-turbocharged inline-6 engine. Featuring BMW’s award-winning inline-6 engine that produces V-8 power on six-cylinder fuel consumption, the new BMW 740i and BMW 740Li achieve a remarkable balance of power, efficiency, and sporty driving dynamics. Both models will go on sale in the United States as 2011 models in Spring 2010. The M.S.R.P. of the 740i is $71,025 and the long wheelbase 740Li will retail for $75,425 (prices Include $875 Destination and Handling charge).

    In 1977, the original BMW 7 Series was launched exclusively with inline-6 propulsion. The United States first met the BMW 7 Series in the 1978 model year as the 733i Sedan. The 733i featured a 3.2-liter inline-6 engine rated at 197 horsepower. The 733i remained on sale in America until it was replaced in 1985 by the BMW 735i Sedan. The 735i, which featured an updated inline-6 engine producing 218 horsepower from 3.4 liters, enjoyed a production run that lasted through the end of the 1992 model year. The 735i was joined by the extended-wheelbase 735iL in May of 1988.

    A keystone of BMW’s EfficientDynamics philosophy is “virtual displacement,” the notion that BMW’s modern engines of smaller displacement can equal or exceed the outputs of traditional engines of larger displacement and more cylinders. This principle is already seen in the BMW 750i model, which features a twin-turbocharged V-8 engine performing at the level of BMW’s previous-generation V12 engine. Virtual displacement provides the power of a larger engine with the fuel efficiency and low CO2 emissions signature of a smaller engine. The 2011 BMW 740i and 740Li feature BMW’s internationally acclaimed twin-turbocharged inline-6 engine with up-rated output of 315 horsepower at 5800 rpm and 330 lb-ft of torque from 1600-4500 rpm. All-aluminum construction, High Precision direct fuel injection, Double-VANOS variable camshaft technology, and Brake Energy Regeneration are a few of the technologies used under the BMW EfficientDynamics philosophy to place the 740i and 740Li among the most powerful six-cylinder luxury sedans in the world. Delivering power to the rear wheels is BMW’s 6-speed automatic transmission, well-known for fast, smooth gearshifts and an ability to intelligently adapt to the driver’s style.

    – By: Kap Shah


  • Google May Insert Real-Time Ads Onto Old Billboards in Street View [Google]

    All those outdated billboards in Google Street View aren’t just an eyesore; they’re a waste of a money-making opportunity for the big G, apparently. But not for long.

    Google’s filed a patent entitled “Claiming Real Estate in Panoramic or 3D Mapping Environments for Advertising,” and it should allow them to automagically cut out billboards shown in Street View and replace them with their own current ads.

    In theory, this would be done in concert with whoever owns the space, so a theater owner could keep the posters out front up to date at all times. This seems to be the only way for Google to get away with doing this, as if they suddenly started sticking ads on other people’s property without their permission, things could get ugly fast. [Telegraph]







  • Mark Wahlberg Rhea Durham Welcome Baby No. 4 Margaret Grace

    Marky Mark is a dad — again. Nineties rapper-turned-screen star Mark Wahlberg is celebrating the birth of his fourth child with wife Rhea Durham.

    Rhea gave birth a healthy baby girl named Margaret Grace at Cedars-Sinai Medical Center in Los Angeles Monday afternoon, a hospital source blabbed to Star Magazine this morning.

    “Mark was in the delivery room with Rhea. And he cheered her on all the way.”

    Margaret joins older siblings Ella, six, Michael, four, and Brendan, 16 months. Mark and Rhea married in August after eight years of dating.


  • Amtrak Finally Getting Free Wi-Fi, But Only on Acela [Wi-Fi]

    Take heart, business travelers of America! Soon you’ll be able to add “slow and spotty internet connection” to your list of gripes with Amtrak’s high(er) speed Acela line. While I’m sure Hulu will help numb the pain of rail commuting, be warned that it may only be free for a limited time. Also, be annoyed that JetBlue had free Wi-Fi in a plane more than two years before Amtrak could get its act together for a ground-based service. [Wired]







  • Google Pulls AP Content Leading to Speculation as to the Reason

    One interesting piece of news that’s been making the rounds of tech blogs and has now reached the more mainstream publications is Google’s decision to stop hosting AP content on Google News. People noticed that, as early as December 24, new AP stories, which show up on Google News through a licensing agreement, were conspicuo… (read more)

  • David Rosenberg: “Uh-Oh” It’s A Double Dip In Housing

    David Rosenberg is back on housing, and has an interesting non-Case Shiller chart to show you:

    Home prices: There remains a glut of at least two years supply on the market
    when the ‘shadow’ foreclosed housing inventory data are included in the
    calculation and home prices on average have 10-15% downside before fully mean
    reverting with respect to residential rents and wage income.  This is the canary in
    the coalmine when it comes to wealth, confidence, spending — and writedowns
    (the market is expecting write-ups this year) in the banking sector.  The big surprise
    will be the renewed turndown in the closely-watched Case-Shiller (CS) index of
    home prices, which in the past two months has slowed to an average gain of
    +0.25% after 1%+ advances in July-August, which gave beta-hungry investors
    more reason to add risk to their portfolios.  But the CS series is a three-month
    average and for all we know, the renewed price declines we expect to see may
    already be occurring now.  Note that two home price series are already back in
    decline for two straight months — LoanPerformance and Radar Logic.  This is key
    for any sector that remotely touches the housing industry from the homebuilders,
    to the financials, to the consumer discretionary group.  

    housing

     

    Don’t miss: David Rosenberg’s key themes for 2010 — >

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