Author: Serkadis

  • Big Pharma Immediately Puts Out Press Release Praising Healthcare Reform Vote

    pills pharma pharmaceuticals hand

    Remember when Big Pharma was thought to be the enemy? Now they’re on the same side as reform.

    For proof, check out the press release they just put out. (via Tim Carney)

    —–

    We applaud the Senate for taking an important and historic step toward expanding high-quality, affordable health care coverage and services to tens of millions of Americans, many of whom are struggling today financially. While considerable work remains to be done in reconciling differences between the Senate and House bills, we remain convinced that comprehensive health care reform, if done in a smart way, will benefit patients, our economy and the future of our nation.

    Most importantly, the Senate bill recognizes the importance of medical progress in America. Innovative, cutting-edge medicines have dramatically increased life expectancy rates in the United States and have allowed patients with cancer, heart disease, diabetes and other devastating chronic diseases to live longer, healthier and more productive lives. We strongly believe that everyone in America should benefit from promising new advances in medical care.

    By expanding coverage to more than 30 million uninsured Americans, the Senate is moving decisively in that direction. We embrace reform efforts which put an end to practices such as denying coverage because of pre-existing conditions or charging higher premiums because of gender. We also support expanding Medicaid eligibility to 133 percent of federal poverty – something we first proposed along with Families USA.

    Our commitment to comprehensive health care reform is evident by our $80 billion pledge to reduce health care costs over 10 years. To that end, our companies agreed back in June to help most eligible seniors and disabled Americans who hit the so-called ‘donut hole’ in Medicare Part D cut their out-of-pocket expenses on brand-name medications in half as part of the Senate’s health care reform legislation. The remainder of our commitment will help the government expand health care coverage to millions of Americans.

    In the final analysis, we believe the Senate bill provides the best blueprint for reform. It offers the kind of change that will benefit patients today without putting medical progress at risk in the future. Today, we believe the Senate voted with America’s best interests and future in mind.

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  • Rob Chrisman: A lovely poem about….RESPA?

    pipeline-press

    rob-chrisman-daily

    There are some very witty and clever folks out there. (The level of my wit is at about, “A horse walks into a bar. The bartender asks, ‘Why the long face?’” And my clever rating maxed out after I finished the ‘Pick a Peck of Puzzles’ book that I ordered from Scholastic Books in 6th grade.) So today I thought I would dispense with the usual information and pass along this poem that a few nice readers sent to me yesterday (thank you!).

    And until the usual mortgage news, market info, and investor updates return on Monday, have a Merry Christmas!

    T’was The Week Before Christmas

    T’was the week before Christmas
    When all through the lands,
    LO’s and Closers were wringing their hands.

    RESPA changes are coming,
    They all started to worry,
    We’d better get trained, and get trained in a hurry!

    We all kept on hoping
    There would be a delay.
    But HUD said, “No Way,” it’s all here to stay.

    “We love our new HUD
    And our new GFE,
    Don’t fret, don’t worry, it’s as simple as can be.”

    We all shook our heads,
    Threw our hands to the sky.
    What were you smoking? You must have been high!

    You took a one page doc
    And changed it to three.
    Easier? More simple? How can that be?

    The Regs don’t match up,
    So now what do we do?
    HUD says, “No comment, It’s all up to you.”

    No info on TILA,
    HMDA, REG B.
    We are totally screwed, why can’t they see??

    In a time when some borrowers
    Think lenders are scary,
    You’ve given 3 pages to make them more wary.

    This doesn’t make sense,
    Not one little bit.
    We are all trying hard to not throw a fit.

    So we will all do our best
    To put borrowers at ease.
    But make more reform, please, please, please!

    Please bring someone in
    Who knows just what to do.
    What is best for both borrowers AND lenders too.

    We are all still waiting,
    Though not holding our breath
    And hoping the government doesn’t “Reg” us to death.

    So, on this week before Christmas,
    I’d like to wish you
    Good luck with RESPA, I need it too!

    Rob

  • Hackers Bring Holiday Headaches to Amazon, Wal-Mart [MediaMemo]

    GrinchBah humbug! Hackers spent part of Wednesday attacking Neustar, the DNS provider that helps link  some of the Web’s biggest Websites to consumers, and ended up disrupting big retailers like Amazon (AMZN) and Wal-Mart (WMT) for more an hour.

    In addition to the obvious pain this has on last-minute Christmas shoppers, and the e-commerce sites that rely on them, the attack had an larger effect. Many Web 2.0 companies that rely on the Amazon’s  cloud computing services to power their sites were also disrupted during the attack.

    That said, the incident seems resolved now, and assuming we don’t see any catastrophes in the last few hours before Christmas, e-commerce companies are going to end up doing pretty well during this holiday season. Comscore (SCOR) estimates that sales are up 4 percent this year.

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  • Singing Chipmunks Beat Sci-Fi Geekfest at the Cineplex So Far This Holiday Weekend [BoomTown]

    avatar_poster-200x300alvinsqueakuelposter-202x300

    Despite all the obsession with the Web in this column, the big Hollywood movies opening around the holidays does grab all the attention–and justifiably.

    While new computers and game players are among the top-selling gifts, giant crowds of consumers still have descended and will be flocking to cineplexes across the country yesterday, today, tomorrow on Christmas day and throughout the weekend.

    And, from the first box office reports, it looks like “Alvin and the Chipmunks: The Squeakquel” is besting the sci-fi blockbuster “Avatar.”

    Yes, pretty crude special effects–at least from what I saw in the first one multiple times with my kids–and very charming chipmunks has earned almost $20 million so far, while the James Cameron-helmed story about a blue-skinned heroic indigenous tribe at risk is at $16 million.

    Nonetheless, tech-heavy “Avatar” has done about $243 million at the box office worldwide so far, since it opened last weekend, so it should not feel so bad about being beaten this weekend by a trio of singing rodents.

    Here are the videos of the competing trailers:

    [Full disclosure: Both top two movies this weekend are from 20th Century Fox, which is owned by News Corp. News Corp. (NWS) also owns Dow Jones, which owns this site.]

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  • Saving Jobs to Stay Ahead [Voices]

    By Joann S. Lublin, Reporter, The Wall Street Journal

    Cristóbal Conde knows adversity. His family fled Chile following a 1973 coup because his father, a university professor, feared the new military rulers. On Sept. 11, 2001, Mr. Conde was visiting an investor on the 32nd floor of the south tower of the World Trade Center, but escaped unhurt.

    So the 49-year-old CEO of SunGard Data Systems Inc. is not rattled by the recession. He says he’s more concerned about how the information-technology company will fare during an economic recovery.

    In mid-2008, he told lieutenants to minimize layoffs of programmers, so SunGard could continue to generate new products. Mr. Conde says the costly bet contributed to SunGard’s sharply higher net loss for the first nine months of this year.

    Read the rest of this post on the original site

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  • Nearly 150,000 Android Apps Predicited by End of 2010

    There’s no doubt that the Android Market is taking off.  It seems not a week goes by without some report indicating more adoption and developer interest.  The latest one we’ve come across seems to indicate a ridiculous amount of development is right around the corner.  Mobile analytics firm Flurry is predicting that by this time next year, there could be upwards of 150,000 Android applications.

    In an interview with Business Week,  Flurry Inc. CEO  Simon Khalaf said that thanks largely to marketing campaigns by Verizon and Motorola, “a lot of developers have come onto the Android platform.”  Khalaf forecasts 100,000-150,000 applications by the end of next year.  As for Apple?  Flurry is expecting at least 300,00 by then.

    How do you feel about that figure?  Is that about what you’d expect or are they being a little too ambitious?

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  • Google Voice Easy SMS for Windows Mobile released – send free SMS messages over Google Voice

    easy-sms2 easy-sms1 GVEasySMS_Vert

    Google Voice Easy SMS is an SMS client for Windows Mobile designed tot take advantage of the the Google Voice system to send free SMS messages.  The software integrates well into Windows Mobile by allowing one to use your already built-in contact list and features:

    Features:

    • Sends messages via the 3G data connection, meaning your outgoing SMS costs you nothing
    • Interfaces with your phone’s contacts list
    • Connects directly to Google via SSL to send your message, no man-in-the-middle servers that could potentially harvest your Google Account password
    • Signature support
    • Send to multiple recipients at once

     Easy_SMS_version_1.0_20091224133047Requirements:

    • Windows Mobile Smartphone (aka Windows Phone); software has been tested on versions 6, 6.1, and 6.5, but the program may work with other versions.
    • .NET Compact Framework 2.0
    • A Google Voice account
    • 3G or WiFi connectivity
    • Data plan
    • You must abide by the Google Voice terms of service when using this program

    The developer, Matthew Sullivan, plans to improve contact selection in future releases, and intends to make the software open source once the code is cleaned up.

    Read more about the application at Matt’s webpage here, and download version 1 of the software here, or using this Microsoft tag (gettag.mobi).

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  • Slowing Down for the Holidays & Staying Well-Fed

    2008_12_18-winter-wreath.jpgWe’re out in California visiting my family for the Holidays. Already, we’ve done a fair amount of cooking: a blow-out tamale party, warm bowls of polenta and greens by the fire, and a plum pie (still in season at the Hollywood Farmers’ Market).

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  • Pepsi Drops Super Bowl Ads… Goes With Online Promotions Instead

    Earlier this year, I randomly ended up in a fascinating conversation with a marketing guy from Pepsi, who was telling me about some of the online marketing efforts the company ran during the 2009 Super Bowl, saying that they got the same “response” as the multi-million dollar Super Bowl commercials got, but only cost in the tens of thousands of dollars, rather than millions. Based on that I have to admit I’m not all that surprised to find out (via The Infamous Joe) that Pepsi has decided not to buy any Super Bowl ads for the 2010 game, but will be investing a ton in some online promotions. This is after 23 straight years of Super Bowl ads by Pepsi, costing the company hundreds of millions of dollars. I’m sure that the Super Bowl will be just fine (it claims it’s sold out 90% of its ads already, though the prices did drop a bit this year, apparently), but it does suggest that some may be realizing that there are better ways to get your message out than spending a ridiculous sum for a single commercial spot.

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  • iPhone games review roundup

    Filed under: ,

    The big-time gamers over at Joystiq have picked up the iPhone game review pace lately, and here’s a sampling of what they’ve tried lately.

    Thumbnail for iPhone Top Gun game takes highway to the postmortem iPhone Top Gun game takes highway to the postmortem
    Top Gun on iPhone is one of the device’s many hidden treasures. Not only does it have cool, After Burner-esque gameplay, it’s also got one of the best easter eggs of all time (as you can see…
    Thumbnail for Ridge Racer: Accelerated comes to iPhone Ridge Racer: Accelerated comes to iPhone
    It appears the recently unearthed Ridge Racer: Accelerated trademark pointed to an iPhone entry in the long-running racing series. The title is now available on the App Store (try iTunes if you’re…
    Thumbnail for Battleship now syncing on iPhone Battleship now syncing on iPhone
    Adding to its growing roster of Hasbro board games retooled for board-less play, EA has christened the iPhone / iPod touch version of Battleship on its maiden voyage to the iTunes App Store. The…
    Also of interest:

    TUAWiPhone games review roundup originally appeared on The Unofficial Apple Weblog (TUAW) on Thu, 24 Dec 2009 08:00:00 EST. Please see our terms for use of feeds.

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  • Internet como un mundo aparte en la que hay menos libertades y derechos: condena a periodistas de la SER

    Preocupante la sentencia conocida ayer, el director y el jefe de informativos de la SER, condenados a un año y nueve meses de prisión, y a las penas accesorias de “inhabilitación especial para la dirección de medios de comunicación y el ejercicio de la actividad de periodistas” (información en su propia web). Javier Casal señala los puntos que analizados uno a uno siembran de inseguridad la labor de todos los periodistas y ciudadanos que utilizan internet para publicar.

    Lo peor del asunto no es sólo la condena sino la justificación de la misma en la sentencia, en la que se llega a afirmar que

    “la protección constitucional al derecho a la información se refiere a los medios de comunicación social (televisión radio o prensa escrita), pero debe matizarse, que Internet, no es un medio de comunicación social en sentido estricto, sino universal”

    Uno tiende a pensar que esta sentencia no resistirá la apelación, pero también que la corriente de pensamiento que quiere situar internet como un mundo aparte en la que hay menos libertades y derechos está calando en nuestra sociedad y que la condena a la que asistimos no es sino otro síntoma de la misma.


  • Toyota cutting supplier expenses by 30%, probably means using cheaper parts

    Filed under: , ,

    As with every other automaker – heck, almost every other company – Toyota wants to save more money. Japan’s Asahi business daily revealed a Toyota initiative to lower its parts expenses by 30% over the next three years, and it is one that we’re all too familiar with: Toyota told its suppliers to cut their prices by 30-40%. Can anyone guess how suppliers will most likely remove one-third the cost of their parts? If you said “use cheaper materials,” we have your prize backstage…

    A Toyota spokesman said the company had given “various suggestions including cost reductions” to the affected portion of its supplier base, which makes it sound like at the very least the company didn’t just say “Here’s less money, make it work.” There are more than 200 vehicle components involved the move – that might sound sizable on its own but it’s a tiny fraction of all the parts in a car.

    Ultimately, Toyota wants to ensure its competitiveness in emerging markets and guard against a strengthening yen. Assuming the initiative is carried out, the parts in question will be used for cars arriving for the 2013 model year. We hope that by 2014 it is clear that Toyota chose the right bets for this game of parts roulette.

    [Source: Reuters via TTAC | Image: TOSHIFUMI KITAMURA/AFP/Getty Images]

    Toyota cutting supplier expenses by 30%, probably means using cheaper parts originally appeared on Autoblog on Thu, 24 Dec 2009 07:59:00 EST. Please see our terms for use of feeds.

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  • Senate Officially Passes Healthcare Reform — A ‘Christmas Gift’ To America

    chris dodd

    In a move that Chris Dodd called a Christmas present to America (seriously) the Senate just officially passed a healthcare reform bill.

    Now it’s on to be “reconciled” with the house version. If they iron out the kinks over abortion, and a few other things, the seemingly impossible battle may be over. Finally!

    Actually, it may drag on for a bit. It was reported yesterday that the vote will slip to February, as Obama takes a hard pivot on pushing for a new stimulus.

    The vote — the Senate’s last before Christmas — went down on a 60-39 party-line split.

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  • GM moving forward with Saab wind-down, will look at inquiries along the way

    Most of you are probably hoping to hear something about the future of Saab any day now – well, don’t hold your breath. According to Automotive News, General Motors is continuing with the process of winding down Saab and does not plant to make any announcement regarding a sale of the Swedish brand. GM spokesman Chris Preuss said that “no new Saab deals are imminent with any interested parties.

    “At this point, GM has no plans for any further announcements regarding Saab,” Preuss said. “If anything changes or if any new deal or actions arise, we would certainly communicate them, but right now there’s nothing to communicate.”

    Last Friday, General Motors announced that it failed to reach an agreement with Spyker Cars for a possible sale of Saab and will start an orderly wind-down of the brand. On Sunday, Spyker said it had renewed its offer to GM and that its new bid would expire at 5 p.m. Monday. Throwing us all into a “oh come on already” frenzy on Tuesday, Spyker’s CEO Victor Muller said that its talks with GM were open-ended and that it will extend its offer until further notice.

    GM said that it has received inquiries from other parties as well.

    The Detroit automaker’s vice president of corporate planning and alliances said that the wind-down process is expected to take several months and that GM will look at inquiries about Saab during the wind-down process.

    – By: Omar Rana

    Source: Automotive News (Subscription Required)


  • Andy Murray to Pay 100,000 Pounds to Insure His Ferrari

    It seems not only women use shopping as a therapy after breaking up, but men do it as well. Tennis star Andy Murray recently purchased a second-hand red Ferrari F430, just one month after splitting with Kim Sears. However, though he paid almost £30,000 less than the price of a new one, recent media reports place his new ride as another bad love affair.

    The insurance costs £100,000, the Daily Mail reports, which is as much as he paid for the 196 mph Italian supercar in the first pl… (read more)

  • Clear Channel Radio Debuts Android Version of iheartradio App

    Clear Channel Radio already had mobile applications for iPhone, BlackBerry and Chumby devices, but today it’s adding an Android version to the line-up.

    Not that there’s a lack of decent radio streaming applications on well, any platform these days, but here goes: Clear Channel Radio’s iheartradio app gives users free access to some 350 American radio stations, including a couple of artist-hosted stations from the likes of Christina Aguilera, Megadeth, Eagles and Weezer.

    The app also enables you to get ‘frequently updated’ traffic reports for large markets including New York, L.A., Chicago, San Francisco and Houston.

    Like its iPhone / iPod Touch sister, the iheartradio app for Android can be configured to automatically start playing a specific station upon launch, includes artwork and lyrics and also enables users to tag songs for purchase on iTunes.

    To download the free app, simply log on to Android Market from your handset (Android v1.5 or higher).

    Enjoy the music.

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  • Eureka Robot Milling

    Combined with a poweful postprocessor Eureka transforms any 5-axis CAM output in a robot program.
    * Full 3D simulation with material removal
    * Automatic collision detection
    * Out of limits verification
    * Singularities verification
    * Verification of material removal in rapid movements
    * Tool changing
    * Interactive creation and editing of trajectories
    * Robot and external axes movements optimization
    * Machining with disc and blade cutters
    * Compatible with any industrial robot: ABB, Kuka, Fanuc, Motoman, Kawasaki, Staubli, Comau
    * Compatible with the most diffused CAD/CAM on the market

    The latest version Eureka will be on display at EUROMOLD 2009 in Frankfurt / Main, Germany, 02.12.2009 – 05.12.2009- Hall 8 – B96.

    WE ARE LOOKING FOR PARTNERS IN USA, ASIA AND EUROPE. IF YOU ARE INTERESTED PLEASE GET IN TOUCH.

  • REPORT: Toyota cutting supplier expenses by 30%, probably means using cheaper parts

    Filed under: , ,

    As with every other automaker – heck, almost every other company – Toyota wants to save more money. Japan’s Asahi business daily revealed a Toyota initiative to lower its parts expenses by 30% over the next three years, and it is one that we’re all too familiar with: Toyota told its suppliers to cut their prices by 30-40%. Can anyone guess how suppliers will most likely remove one-third the cost of their parts? If you said “use cheaper materials,” we have your prize backstage…

    A Toyota spokesman said the company had given “various suggestions including cost reductions” to the affected portion of its supplier base, which makes it sound like at the very least the company didn’t just say “Here’s less money, make it work.” There are more than 200 vehicle components involved the move – that might sound sizable on its own but it’s a tiny fraction of all the parts in a car.

    Ultimately, Toyota wants to ensure its competitiveness in emerging markets and guard against a strengthening yen. Assuming the initiative is carried out, the parts in question will be used for cars arriving for the 2013 model year. We hope that by 2014 it is clear that Toyota chose the right bets for this game of parts roulette.

    [Source: Reuters via TTAC | Image: TOSHIFUMI KITAMURA/AFP/Getty Images]

    REPORT: Toyota cutting supplier expenses by 30%, probably means using cheaper parts originally appeared on Autoblog on Thu, 24 Dec 2009 07:59:00 EST. Please see our terms for use of feeds.

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  • GM’s new CFO’s pay exceeds government limits, seen as possible candidate for new CEO

    Chris Liddell

    General Motors Company’s new CFO, Chris Liddell, will receive a salary of $750,000 in 2010 and will get another $5.45 million worth of company stock starting in 2012 when GM intends to sell its shares to the public. Liddell’s package exceeds the imposed limits on companies that received government aid, but GM said in a government filing yesterday that an exemption was made with the government pay czar Kenneth Feinberg.

    Liddell, who will take up his new position on Dec. 31, was receiving a pay package of $2.4 million when he was working at Microsoft.

    According to a report by the Associated Press, Liddell is also a possible candidate for GM’s next CEO. GM’s current CEO, Ed Whitacre Jr., does not receive a salary but gets an annual compensation of $350,000 as a board member. Former CEO Fritz Henderson received a compensation of nearly $5.5 million, including an annual salary of $950,000.

    Liddell, 51, will replace current CFO Ray Young.

    – By: Omar Rana

    Source: MSNBC