Author: Serkadis

  • D-Link now has thingamajigs that will remotely monitor your house for security breaches. Amazing.

    dlinkm

    And now D-Link is in the home security business. The company, of whose router I bought several months ago and fight to use on a daily basis (seriously, the Internet just cuts out at times… what are you gonna do?), has just announced a series of home monitoring devices, including the Home Monitoring Starter Kit ($149). One device plugs into your router, and then you place a series of wireless motion sensors around the house in strategic areas (doors, windows, etc.). The sensors then send alert the device, which can then text message you, send you an e-mail, etc. something like, “Hey, the kids are home.”

    Of course, all of the data is remotely accessible via a special Web site D-Link has set up at mydlink.com.

    There’s also Home Energy Monitoring Starter Kit ($99). Once all set up, you can remotely control the various devices in your home. Left the TV on? The PC? You get the idea.

    I save he best for last. There’s the 3G Door Phone ($199). It’s a doorbell, right, but inside is a built-in 0.1 megapixel camera that can send photos and video to your 3G cellphone. This is helpful if you, say, are a very rich man in the year 1212 and are afraid that the serfs will revolt. But until I see otherwise, this is clearly the best thing I’ve heard/read/ about it at this year’s CES if only because it’s 100 percent. Who the heck needs a doorbell spy? How bad is your neighborhood?

    All three of these guys will be available in the second quarter of this year.


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  • Discovery, IMAX, and Sony team up for 3D TV station

    discoveryFeature300Just like clockwork more companies are announcing its plans for a 3D TV stations. ESPN’s plans were just announced and now we hear that Discovery, IMAX, and Sony have form a joint venture to develop a 3D station.

    Discovery will launch the station sometime in 2011 under its name and will be a sort of showcase for 3D. It will likely be a lot like what Discovery HD Theater was to high definition a few years back. While ESPN 3D will only be up during live events, this station will be running 24/7. Now all we need is more affordable 3D HDTVs. Hopefully some will be announced at CES this week.


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  • Gartner Acquisition is Good for the Independent Analyst Firms

    gartner136.gifGartner has acquired the Burton Group for $56 million.

    The purchase is another example of how the analyst community is becoming increasingly homogeneous, dominated by a handful of firms such as Forrester and IDC. And it points to a growing debate about the value that companies can receive from analyst firms when there is little diversification in the market.

    But it also points to the importance of independent firms and individuals that engaging in dialogue through blogs and other mediums.

    Sponsor

    The Burton Group is based out of Midvale, Utah. Its speciality lies in providing in-depth advice to front-line IT professionals. The firm has 41 research analysts and 40 sales and client service associates, and self-projected 2009 revenue of $30 million.

    This is Gartner’s second acquisition in the past few months. Gartner purchased AMR Research late last year.

    The Future: A Hybrid Model

    Analyst firms do not have the sway in the market that they once did. Bloggers are often considered analysts as they often specialize in particular fields, providing in-depth analysis for particular markets.

    This is not to take anything away from the individual analysts who populate Gartner, Forrester and other groups. We depend on many of them for the insight they give on topics ranging from APIs to web-oriented architecture.

    But the future of the analyst community looks more like a hybrid animal – a cross between a traditional analyst firm and an online community.

    RedMonk and the Altimeter Group represent this new hybrid. Both are small, independent firms.

    RedMonk, for instance, provides in-depth research into markets but they also invest heavily in their blogs, podcasts and other outlets such as the real-time, microblogging world.

    The Altimeter Group also invests heavily in its community. Technobabble 2.0 recently took a look at a survey done by Jeremiah Owyang to determine the influence of his blog on the overall market. Owyang is a partner with Altimeter.

    Technobabble’s Jonny Bentwood made this conclusion:

    “The fact that there is any link between the blog and procurement is a massive validation point. Obviously we are taking people’s words for this and it would be excellent to have credible evidence to back this up, but this in itself is a huge factoid.”

    SageCircle is a third-party service that provides clients with analysis of analyst firms. SageCircle concludes that the Gartner acquisition does provide a silver lining for independent firms:

    “The implication for the analyst ecosystem is “not good.” Anytime a well-regarded mid-sized advisory firm is swallowed up by another firm it eliminates a valued second voice and opinion about the vendors and markets it covers, and decreases clients’ purchasing and negotiating options. However, for competitors like Ovum this does provide a great opportunity to establish themselves as the second – if not the first – source of advice and opinions to IT managers and other technology buyers not comfortable with having only a single source for this type of service.”

    Discuss


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  • Dell’s Atom N450-based Inspiron Mini 10 now up for order, starts at $299

    Fitting, no? Dell (briefly) launched its Inspiron Mini 10 at a press event last year at CES, and this year’s show is ushering in the next major iteration. ‘Course, it’s not like we didn’t know it was on the way, but if it’s details you crave, you’ll leave this post duly satisfied. Starting today, the revised Inspiron Mini 10 is up for order at Dell’s US website, and the options list is fairly impressive (particularly for a netbook). The device sports a 92 percent full-size keyboard, the same “hinge-forward” design seen on the company’s ultrathin Adamo and a bevy of extras including a 9.5 hour battery, Broadcom’s Crystal HD media accelerator, built-in GPS and an integrated HDTV receiver. There’s also a good chance a version will be made available with a Mobile DTV tuner within, though that’s just speculation based on the fact that this machine is currently being used in a trial program in the nation’s capital. Hit the source link to start customizing your own — the base price is pegged at just $299.

    Dell’s Atom N450-based Inspiron Mini 10 now up for order, starts at $299 originally appeared on Engadget on Tue, 05 Jan 2010 15:00:00 EST. Please see our terms for use of feeds.

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  • Google’s Nexus One is official

    We know, you’re so surprised. Google’s finally confirmed the Nexus One. We’ve naturally heard all about the phone already from dubious sources, and even reviewed the purported device, but now that they’ve got one in hand up on a stage, we suppose we’ll have to set aside all of our doubts. So, the nitty gritty: 3.7-inch AMOLED display, 1GHz Snapdragon processor, compass, GPS, accelerometer, light and proximity sensor, 5 megapixel camera with LED flash, 3.5mm headphone jack, and a multicolored LED under the trackball. There are also two mics onboard, one on the bottom and one on the back, for the purpose of noise cancellation à la Motorola’s CrystalTalk, and the phone is naturally running the brand new Android 2.1. The phone is actually HTC branded, unlike the pre-release versions we’ve seen, and can be custom engraved with two lines of text at the time of order, for that extra personal touch (there’s a picture of the phone’s back after the break). The phone is available today off contract with a T-Mobile compatible radio for $529 unlocked, shipping to the US, UK, Singapore and Hong Kong, or with a two year T-Mobile US contract for $179 (both with free overnight shipping in the US). Most surprisingly, the phone is also headed to Verizon this Spring, and Vodafone will score the device eventually as well.

    Update: Tony couldn’t resist, and he managed to capture each step of the checkout process while ordering an unlocked Nexus One today. Hit up the gallery below if you’re into that whole “living vicariously” thing. Thanks, Tony!

    Continue reading Google’s Nexus One is official

    Google’s Nexus One is official originally appeared on Engadget on Tue, 05 Jan 2010 14:31:00 EST. Please see our terms for use of feeds.

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  • KeyRemap4MacBook: the utility keyboard lovers have dreamed of

    Filed under: ,

    I’m not a keyboard-only guy; I know when a mouse makes more sense. That being said, if I can do it from my keyboard, I do. So, as a followup to my post on the handy BetterTouchTool, I’d like to point out another free utility, KeyRemap4MacBook. It’s an awkward moniker, and it’s not pretty, either, but it’s stable, works with any Mac (not just MacBooks, as the name would indicate) and offers drool-worthy functionality.

    So, what does it do? Out of the box, it offers you dozens and dozens of options for remapping keys and key combinations to potentially more useful actions. Turn your space bar into a shift key when it’s pressed in combination with another letter. Turn your trackball into the world’s biggest Mighty Mouse scroll ball when you’re holding control and command.

    My favorite right now is remapping control-i,j,k and l to arrow keys, meaning I no longer have to move my right hand for basic cursor functions when Emacs mode isn’t supported or applicable. I’ve also got the right option key on my aluminum Apple keyboard set up to turn my arrow keys into page up, page down, home and end when used in combination. In short, the usability of my keyboard has skyrocketed. I shudder to think what will happen the next time I jump on someone else’s computer and my muscle memory has to re-adjust.

    KeyRemap4MacBook can be used to improve accessibility, or to offer familiar shortcuts to switchers. You can even have it remap keys only in certain applications, meaning I can have Command-R remap to Control-R in VMWare or Fusion … that will save me a lot of fumbles when testing multiple browsers! There’s also the capability to add your own mappings, with sample definitions included. It’s not exactly a breeze to customize, but it could be worse. I recall it being much more difficult to pull off this kind of extensive remapping in the past, even with tools like ControllerMate in the game.

    KeyRemap4MacBook is free, and you can grab a copy at the pqrs.org website. There’s even source code available, if you’re savvy with C++ and wondering how it works. There’s a fully-functional uninstall feature in the preference panel, so you can try it worry-free!

    TUAWKeyRemap4MacBook: the utility keyboard lovers have dreamed of originally appeared on The Unofficial Apple Weblog (TUAW) on Tue, 05 Jan 2010 14:30:00 EST. Please see our terms for use of feeds.

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  • Lars Boilesen Succeeds von Tetzchner As Opera Software’s New CEO


    Lars Boilesen

    A changing of the guard at mobile browsing powerhouse Opera Software—as co-founder and CEO Jon von Tetzchner is stepping down—with long-time vet Lars Boilesen taking his place. Von Tetzchner ran Opera for 15 years; he’ll stay on full-time in a “strategic” capacity, though no word on his official title.

    Boilesen (pictured) had been serving as Opera’s chief commercial officer since January 2009; he joined the company in 2000 and spent five years as EVP of sales, before leaving to head up Alcatel-Lucent as CEO of the Nordics and Baltics.

    Both Boilesen and von Tetzchner were instrumental in helping Opera grow into a multi-platform (with an emphasis on mobile) browser software provider, as opposed to just a bit player in the desktop browser market. And though the company maintains that the change in leadership won’t derail the execution of its current strategy, Boilesen is taking the reins in the midst of a mobile browsing boom that Opera is primed to capitalize on.

    The company has been giving both Microsoft (NSDQ: MSFT) and Apple (NSDQ: AAPL) serious competition in the fight for mobile browser supremacy: AT&T picked Opera as its preferred mobile browser for a “refreshed” experience on its feature phones late last year, and last May, Opera edged out Safari as the most-used mobile browser in the world. Release.

    Related


  • Fitch Immediately Downgrades Iceland As President Vetoes Bank Payback

    iceland riot

    Just when Iceland was about to take responsibility for foreign debts related to the collapse of its Icesave bank, the president vetoed repayment.

    Fitch Ratings immediately downgraded Iceland’s long-term foreign- and local-currency issuer default ratings by one notch to BB+ and BBB+.

    This comes only two weeks after Fitch said things were looking up in Iceland.

    WSJ: Iceland President Olafur Ragnar Grimsson on Tuesday cited massive public opposition in his decision to reject the bill. The presidential veto is only the second to happen since Iceland gained its independence from Denmark in 1944. Iceland’s parliament in December voted 33-30 to approve the payback.

    “Today’s decision by Iceland’s president to refer the Icesave agreement to a referendum creates a renewed wave of domestic political, economic and financial uncertainty,” said Paul Rawkins, senior director of Fitch’s sovereigns team in London. “It also represents a significant setback to Iceland’s efforts to restore normal financial relations with the rest of the world.”

    Join the conversation about this story »

  • The Rundown On Google’s Nexus One


    Google Nexus One mobile

    Our Tricia Duryee is grabbing live Q&A’s and tweeting from the Google (NSDQ: GOOG) Nexus One press event … so in the meantime, here’s a rundown of the confirmed details (as opposed to the bits and pieces of rumors that had trickled out in the days before).

    —Hardware by HTC
    —Purchase the phone unlocked through Google’s new “web store” and plug it with any GSM-supporting SIM card for whichever carrier your heart desires
    —11.5mm thin; weighs 130 grams; 5 megapixel video and still photo camera
    —Android 2.1 lets you use multiple Gmail accounts, aggregate multiple phone books, and even use a voice-enabled keyboard for everything from texts, to IMs, to Facebook updates
    —Voice-powered actions, too (meaning you can “tell your phone” who to call, where to map, or what keywords to search for)
    —Get it with a two-year contract from T-Mobile first—with the option for Verizon and Vodafone (NYSE: VOD) coming later this year.
    —Available in the U.S., the U.K., Singapore and Hong Kong initially Release.


  • NoCo renewable energy projects receive grants – Northern Colorado Business Report

    LAKEWOOD – Eleven grants totaling $500,000 have been awarded through the state Department of Agriculture’s Advancing Colorado’s Renewable Energy program, including $75,000 to assist in the implementation of a waste-to-energy plant in LaSalle and $50 …


  • Kelly Cutrone Bravo Reality Show “Kell On Earth”

    People’s Revolution founder, fashion marketing maven, and PR spitfire Kelly Cutrone has landed a chance to chew out spoiled socialites and aspiring designers on her own reality soap. Kell on Earth will debut next month on Bravo, The New York Daily News’ Gatecrasher Column reported on Tuesday. The show will reportedly give viewers a look at Kelly’s life as single mom.

    The former Hills pundit has appeared on the last two seasons of MTV’s The City.


  • Watch: Army of Two: The 40th Day multiplayer modes

    With just you and your buddy taking on an army much larger than two, there’s gonna be a lot of working together if you have plans on getting far. Army of Two has always been about the

  • Jenny Sanford Memoir Hits Shelves Next Month

    The release of a memoir from South Carolina First Lady Jenny Sanford has been pushed up to next month, Ballantine Books said Tuesday.

    The 240-page Staying True — Sanford’s story of surviving her estranged husband’s infidelity –goes on sale Feb. 5 after originally being tapped for publication in May. In June, Gov. Mark Sanford admitted to a yearlong extramarital affair after returning from a secret trip to Argentina to visit his lover. He told staffers he was hiking the Appalachian Trial.

    Jenny’s tell-all will “recall her shock and anguish upon discovering that her husband was having an affair with a woman in Argentina, and the further pain when she learned — just a day ahead of most Americans — that he had not ended the affair when she believed he had,” according to promotional material from the book’s publishers. “She reveals the source of her determination to be honest and forthright instead of the victim in the tabloid passion play that gripped the nation in June 2009.”


  • Nightspots in Jalan P Ramlee music licences revoked

    Quote:

    The Star: Monday January 4, 2010

    Club owners cry foul over licence ban

    By BAVANI M and STUART MICHAEL

    THE decision by the Kuala Lumpur City Hall (DBKL) to revoke the entertainment licences of five clubs in Jalan P. Ramlee has drawn mixed response from residents and patrons.
    While the local and foreign patrons were unhappy, the residents and guests staying in the hotels and service apartments nearby are rejoicing over the move.
    “I might as well sit at home buy a few drinks and call a few friends over.
    “The reason I come to the pub is to enjoy music especially the live bands,’’ lamented a pub-goer who identified himself as Paul.
    Expatriate Larry Sibley, 52, from the United States, who has been staying in Kuala Lumpur for about four years, agreed with Paul.
    “Foreigners like myself who work in the city love the pubs for its live bands,” he said.
    Tough luck: Beach Club, one of the clubs affected by the licence ban.
    But not everyone agrees. A source from Shangri-La Hotel said the management had received many complaints from its guests that music from the clubs have been giving them sleepless nights.
    “It can get very loud at times and sometimes the music plays until the wee hours of the morning,’’ said the source.
    A resident living in Crown Regency Suites, who did not want to be identified, said the noise from the clubs could get pretty loud especially during the weekends.
    A security officer from Park View Residences said a resident had made several complaints about the noise but he had moved out from the building two months ago.
    Club managers are arguing that their business would drop if they were not alowed to play live music as it is their rice bowl.
    Thai Club general manager Jonathan Tan said: “Entertainment outlets here have increased the property value in this area and without us, the property value would drop and many of these foreigners staying in the suites would move elsewhere.
    “This is exactly what happened in Bangsar. Many clubs and pubs were forced to close down –will this be our fate as well?,’’ Tan asked.
    When contacted, DBKL said the five clubs which had their entertainment licences revoked had breached environmental regulations.
    A spokesman from the DBKL said the club owners were notified on Dec 11, that their entertainment licences would expire on Dec 31.
    “They have been told that their bands are not allowed to perform after the deadline, and they should have anticipated a visit from our officers who were only there to monitor the area,’’ the spokesman said.
    The DBKL had barred the Beach Club, Thai Club, Aloha, Poppy Garden and Rum Jungle from having any live band or deejay performing at their premises on New Year’s Day.
    The spokesman said officers had used sound level meters which were commonly used to detect the level of noise pollution in an area. The device basically measures the sound level in decibels.
    “The level is different for residential, industrial and commercial zones. In the case of Jalan P. Ramlee it is a mixed residential and commercial area.
    “We have received many complaints from the hotels and residents about the noise.
    “Other factors such as the closing time and performance time were considered as well.
    “While we understand and emphatise with the club owners, the DBKL has a responsibility to address the views and concerns of all stakeholders to ensure that everyone is happy.’’
    The affected club owners have decided to appeal to Federal Territories and Urban and Wellbeing Minister Datuk Raja Nong Chik Raja Zainal Abidin to regain their licences.


    Quote:

    The Star: Tuesday January 5, 2010

    Mayor: Nightspot owners were warned

    By BAVANI M

    OFFICERS from the Kuala Lumpur City Hall (DBKL) had been observing the clubs in Jalan P. Ramlee for months before deciding to take action on those that flouted environmental regulations.
    Kuala Lumpur mayor Datuk Ahmad Fuad Ismail said the club owners were repeatedly told to tone down the volume before the DBKL decided to take action against them.
    “My officers, led by deputy director general (services) Datuk Amin Nordin Abdul Aziz, had even gone incognito to monitor the situation and caught them red-handed,” Fuad said.
    Datuk Ahmad Fuad Ismail
    Amin Nordin said he noticed that two of the affected clubs seemed to have been embroiled in a music war.
    “They were competing to see who was the loudest on the block,” Amin Nordin claimed, adding that his ear drums were at the point of bursting when he was there.
    Fuad said the officers had used sound level meters during their checks.
    “The permitted level for areas like Jalan P. Ramlee is 60 decibels. But when my people went there, the reading was over 80 decibels which is considered very loud,” he said.
    Fuad was responding to queries on DBKL’s decision to ban the Beach Club, Thai Club, Aloha, Poppy Garden and Rum Jungle from having any live bands or deejays perform at their premises.
    The mayor explained that DBKL had been receiving complaints on the matter since 2004.
    “We don’t want to be accused of not doing anything, or else people will say we are on the take,” he said.
    “We also don’t want to set a precedent if we let them get off just like that. Just because you have a licence does not give you the right to do whatever you want,” he said.
    According to Fuad, his officers had met the affected club owners last year to inform them about the decision to revoke the licences.
    Fuad said the affected club owners could appeal to Federal Territories and Urban and Wellbeing Minister Datuk Raja Nong Chik Raja Zainal Abidin to regain their licences.


    Quote:

    The Star: Tuesday January 5, 2010

    Entertainers hard hit by DBKL move

    By STUART MICHAEL

    WHERE will the five bands and 10 deejays that have contracts with the clubs along Jalan P. Ramlee go?
    That was the question posed by D’Karisma band manager Adrian Doshi to the authorities after Kuala Lumpur City Hall decided to revoke the entertainment licences of five clubs along the street.
    Adrian added that the band D’Karisma was supposed to play at Aloha in January while another band, Take 5, had flown in all the way from Sabah for a three-month gig at Thai Club from Jan 4.
    “Because of the contracts, we turned down many offers from other entertainment outlets and we are now facing a dilemma.
    “Many of the band members rely on this job to take care of their families and I pity them.
    Keeping it quiet: Thai Club general manager Jonathan Tan said various renovations had been carried out to cut down the noise levels outside the club.
    “The deejays have it slightly better as it is easier for them to spin at other clubs but the band members can’t because they are bound by their contracts,” he said.
    Adrian added that there was nothing the band members could do but wait for the council’s decision.
    Meanwhile, local and foreign tourists are furious over City Hall’s move, saying that it would make the lively street dead and leave many jobless.
    According to a local who wish to be known as Paul, there was no point coming to a club to enjoy drinks if there was no live band, loud music or even a deejay spinning tunes.
    “I might as well sit at home with a few drinks and call a few friends over. The reason I come here is to enjoy the music, especially the live bands.
    “It is ridiculous to come here and listen to piped-in music. Eventually, many of the patrons will stop showing up and business here would be affected,” Paul, who visits The Beach Club three times a week, said.
    Larry Sibley, 52, from the United States, has been staying in Kuala Lumpur for about four years and said the decision was a bad one and should be revised.
    “Many foreigners like myself work in the city and love to go to the clubs in Jalan P. Ramlee because of the live bands. There are different live bands playing every day, which makes it more exciting for us.
    “If this continues, I might as well enjoy drinking at home listening to songs on my CD player,” he said.
    Aloha manager Eric Loo said the clubs along Jalan P. Ramlee had been there long before the serviced apartments were built.
    “The Beach Club has been operating for more than 10 years. If the number of customers continues to go down, we will eventually have to close.
    All quiet: The usually bustling street was practically deserted on Saturday night.
    “Because of some complaints, we installed a door at the entrance to our club in November to reduce the noise.
    “These five clubs have a total of about 1,000 employees. If the clubs have to close, they will end up jobless,” he said.
    Thai Club general manager Jonathan Tan said it was unfair for City Hall to revoke the licences, and pointed out that two new clubs had opened nearby.
    “We have made renovations like covering the area with a canopy to ensure that the noise is reduced. It was wrong for City Hall to say that this place was a residential area as it is a purely commercial area.
    “The entertainment outlets here have increased the property value in this area and, without us, the property value will drop and many of the foreigners staying at the serviced apartments will move somewhere else.
    “Because of pressure from residents, many pubs in Bangsar were forced to close down. Are we facing the same fate?” he asked.
    Ronnie Choong, who owns Poppy, Beach Club and Rum Jungle, said the owners had to fire about 30% of the 1,800 people employed at the five clubs along the road.
    “The rental for each club is between RM80,000 and RM150,000 each month. We have very high expenses and have to let the employees go as the clubs cannot sustain the financial burden now.
    “In fact, the five clubs contribute about RM700,000 to the govenrment coffers in the form of taxes and other payments like fees and utility bills.
    “I don’t know how the clubs will survive now,” he said.
    He added that after conducting raids in October last year, the City Hall review board had decided to terminate the entertainment licences on Jan 1.
    Choong added that he had sent an appeal letter to Federal Territories and Urban and Wellbeing Minister Datuk Raja Nong Chik Raja Zainal Abidin and was waiting for a reply.


    IMO wrong decision by DBKL. The tourist brochures here in the UK promote Jln P Ramlee as the place to go to. I like going there when in KL. My friends are going to KL in May again after they enjoyed Rum Jungle last year.

    What do you guys think?

  • The Echo Nest, Developer of “Music Brain,” Taps VCs for $1.3M

    UPDATED: The Echo Nest, a Somerville, Mass.-based music recommendation engine creator, has raised $1.3 million in a new round of funding from venture investors. The startup, which has announced partnerships with the Spotify and MOG music services, had previously raised an undisclosed amount of money from Commonwealth Capital Ventures, hedge fund Argos Management, and angel investors including MIT professor Barry Vercoe, and has also won grants from the National Science Foundation. The Echo Nest’s new round includes 14 investors, and the company claims less than $1 million in revenue, according to a regulatory filing.

    While Pandora, the Net radio provider, relies on expert human analysis and taxonomy, and Last.fm tracks social music patterns to crowdsource recommendations, The Echo Nest’s “music brain” draws from both semantic analysis of text found around the web and analysis of musical elements such as tempo, key and time signature to suggest music. In May, The Echo Nest demonstrated how its technology would power Spotify’s “extend playlist” function, while MOG said in November that it would use The Echo Nest’s tools to add discovery elements to its All Access music subscription service. The Echo Nest also develops analytics and marketing tools for artists and labels. Update: Jim Lucchese, the Echo Nest’s CEO, e-mailed me to say that the new round includes three first-time backers: MIT Media Lab founder Nicholas Negroponte, hedge fund manager and Boston Celtics co-owner Jim Pallotta, and former Compete CEO Don McLagan. The company’s existing investors and angels also followed on in the new round, which will be used for continued product enhancements.

  • Rumormill: Devon GTX shelved due to Dodge Viper’s demise *UPDATE

    Filed under: , ,

    2010 Devon GTX – Click above for high-res image gallery

    This is a depressing way to start the new year. According to a “source close to the project” speaking with Automobile, plans to produce the Devon GTX have been cancelled due to the Dodge Viper discontinuation.

    As a refresher, the 650-hp, Viper-based coupe was unveiled last year in Pebble Beach and was due to go into limited production this year in Southern California. We even had the chance to go for a spin the GTX late last year after one of the prototypes set a lap record at Laguna Seca. Devon hoped to thrust America back on the main supercar stage with the bespoke coupe, but without a source for the chassis and 8.4-liter engine, those plans have apparently been dashed. We’re hoping to get more details directly from Devon, so stay tuned for an update.

    UPDATE: We’ve just heard back from company founder, Scott Devon, and the rumors are unfortunately true – the Devon GTX is dead. However, Devon Motorworks will live on, focusing instead on apparel and an upcoming motorcycle project. So what will happen to the one-time Laguna Seca lap-record-holding Devon GTX? One of the two prototypes will be put on display at the company’s flagship store opening in Beverly Hills this April. The other might see track duty in the hands of development driver Justin Bell. Here’s the official response from Devon:

    The Viper platform being discontinued and the inability to amortize tooling costs are the key reasons. But we have two beautiful prototypes and might still race the Laguna Seca car with Justin Bell in GT2. However, our Devon brand plans have expanded to include jeans, leather jackets, watches, scents, and eyewear. Our Beverly Hills flagship store will open this April. We also have a line of motorcycles being made by legendary builder Shinya Kimura. And the black and chrome GTX will be in the store as a display piece of automotive art. I wish we could have gone into production but have no regrets and feel we achieved a significant contribution in auto design along with the Laguna Seca record.

    Gallery: 2010 Devon GTX

    01-2010-devon-gtx-125038130702-2010-devon-gtx-125038131803-2010-devon-gtx-125038132904-2010-devon-gtx-125038134105-2010-devon-gtx

    [Source: Automobile]

    Rumormill: Devon GTX shelved due to Dodge Viper’s demise *UPDATE originally appeared on Autoblog on Tue, 05 Jan 2010 14:56:00 EST. Please see our terms for use of feeds.

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  • $2M for NoblePeak Vision

    Wade Roush wrote:

    NoblePeak Vision of Wakefield, MA, has collected $2 million out of an intended $6.8 million round of equity funding, according to a December 30 regulatory filing. Founded in 2002 by Bell Labs veterans and formerly known as Noble Device Technologies, the company makes shortwave infrared imaging sensors used in night-vision security cameras for surveillance at airports, seaports, border zones, and other settings.







  • WordPress 2.9.1

    WordpressUma nova versão do WordPress está disponível corrigindo alguns erros de menor significância como o agendamento de posts e pingbacks que falhava em alguns servidores devido a incompatibilidades.

    O WordPress 2.9.1 pode ser actualizado automaticamente através do painel de controlo em Tools > Upgrade.

    Pode ver aqui o anúncio oficial do lançamento desta versão do blogging system.

    WebTugaWordPress 2.9.1

  • Your Home Is A Lousy Investment

    family happy homebuyers

    Remember back when all your friends were buying apartment or houses and kidding themselves that it was an “investment?”

    During the boom, it wasn’t infrequent for people to buy places smaller than the apartment they had been renting. Worse, they often wound up paying more in mortgage payments than they had in rent. Why pay more for less? The answer always was something about how owning your a place of your own was an “investment.”

    Well, for many Americans it turned out to be a pretty damned lousy investment. Now Karen Pence, who runs the household and real estate finance research group, has been explaining to the meeting of the American Economic Association that this wasn’t just a fluke of the housing boom and bust. Buying a home is usually a lousy investment.

    Here are her five reasons:

    1. It is an indivisible asset. If you own stocks and bonds and suddenly need a little cash, you can sell some of your stocks or bonds but not all. With a home, on the other hand, “you can’t just slice off your bathroom and sell it on the market.”

    2. It is undiversified. You can buy stocks or bonds in industries or countries all over the world. A home is a bet on one single neighborhood.

    3. Transaction costs are very high when you buy or sell a home because of real estate agent fees, mortgage fees and moving costs.

    4. It is asymmetrically liquid, meaning it’s easy to get money out when home prices are going up. (You just take out a bigger mortgage.) But it’s hard to take money out when prices are going down because refinancing becomes more difficult. Put another way, the leverage that you have in your house with a large mortgage means your investment does well in good times but could be lousy in bad times.

    5. It is highly correlated to the job market, meaning that home prices in a neighborhood tend to rise when the job market is improving in the area and fall when the job market is worsening. This means that your main financial asset provides the smallest cushion to you when you might need it most.

    That doesn’t mean you should never buy. Under the right circumstances, buying a home can make perfect sense. But don’t count on it as an “investment,” especially if you might need to access the money you locked up in the house at any particular point in time. On the short term, that money might not be readily available when you need it. And in the long term, for instance upon retirement, you might also find a bear market for homes.

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