Author: Serkadis

  • New V-Lift™ Hydraulic Material Lift

    New V-Lift™ Hydraulic Material Lift for ‘Lean’ Manufacturing and ‘Green’ Facilities

    High Value – Low Cost The ultimate lifting solution

    Next-generation design combines high-value features and low cost attracting contractors, architects and facility designers.

    Waukesha, WI – December 2009, Wildeck, Inc. – With the economic recovery well under way and increasing demand for more efficient material handling solutions, Wildeck is making its strongest push ever into the highly competitive VRC (Vertical Reciprocating Conveyer) market. The company has hit the New Year running with the introduction of its new “V-Lift™” – a hydraulically operated, cantilever material lift that may quickly rise to the head of the pack. Wildeck’s “V” reportedly stands for Value, Versatility, and Vigorous construction that can be installed either in a shaftway, or free-standing with optional structural framing.

    “The V-Lift™ is an ideal solution for ‘green’ building designs and crowded manufacturing facilities undergoing transformation towards ‘lean’ operations,” states Hue Schlegel – Wildeck’s Director of Marketing. “The preference today is to get more out of the space you have and become more efficient at handling finished goods on their way to the consumer. With the high value and low cost that Wildeck has built into this lift, we believe it will quickly become the VRC of choice for facility designers, architects, and contractors nationwide.”

    Wildeck, Inc. – based in Waukesha, WI – is the largest manufacturer of mezzanines, vertical lifts (VRCs), and safety guarding products in North America. Wildeck products are used for the safe and efficient handling, storage, and protection of materials and personnel. For more than 30 years, the company has grown through a dedicated and experienced network of customer-service-oriented dealers and systems integrators, nationwide.

    For more information on the new hydraulic V-Lift™ VRC, a custom VRC design, or other Wildeck products and services, call 1-800-325-6939, visit www.wildeck.com or e-mail [email protected].

  • Lafert Permanent Magnet Motors (PM) save Energy

    – Speed control of PM motors saves up to 80% energy
    – Will meet efficiencies to the future IE4 standards
    – Same power size half weight compared to AC motors
    – By applying Drives extends the control performance

    The Lafert Group has merged AC and Servo motor technologies into a new cost optimized range of High Performance (HP) Permanent Magnet motors. Since Drives are needed to speed control PM motors, OEMs have the possibility to extend their value proposition and secure product functionality further down the value chain.

    Also, mechanical adaptation of the motor is often needed, so Lafert offer customization to enable integration of the motor deeper into the application.

    Lafert will be able to deliver Drives controlling standalone PM motors (HPS range) or Drives integrated into the PM motor (HPI range).

    For more information please meet us at MCE in Milan at hall 6 – stand B71/C70

  • Douglas Auto-Adjust feature removes the guesswork from changeovers

    Alexandria, Minnesota – December 17, 2009

    The new Auto-Adjust capability on Douglas Contour™ shrink-wrap machines removes the guesswork from changeovers by eliminating most hand adjustments and replacing them with electronic motion controls. Some hand adjustments are required on the infeed of the machine.

    Changeovers are completed with the touch of a button on the HMI. Intelligent programming ensures that change parts have been removed from the machine prior to proceeding with the well planned changeover sequence. An error message appears on the HMI directing the operator to the specific area affected if something hasn’t been removed. This prevents costly damage to the machine if the changeover procedure isn’t followed correctly.

    Auto-Adjust can reduce changeover time to less than 15 minutes and provides accurate, repeatable changeovers every time.

    All Douglas Machine solutions are backed by a 3-year limited warranty.

    For more information, call 320.763.6587 or visit www.douglas-machine.com.

    About Douglas Machine Inc.
    Founded in 1964, Douglas Machine Inc. is recognized as a global leader in automated packaging solutions for paperboard, corrugated, and shrink-film. Today the company specializes in the design and manufacture of cartoners, sleevers, case and tray packers, and shrink-wrap systems. Customers from many different markets including food, beverage, personal care, and pharmaceutical, have come to rely on Douglas’ automation expertise and value-added services to maximize their throughput. Douglas Machine Inc. is based in Alexandria, Minnesota USA.

  • Unique Chain Lubrication Applicator, that requires no brushes or spit/sprays.

    RotaLube (Chain Lubricator)

    The revolutionary RotaLube chain lubricator is a unique and precise method of applying lubrication oil onto industrial chains.

    At present the most common systems used to lubricate chains are:
    • Low cost but unreliable drip feed systems.
    • A manually applied lubricant either by hand or spray can.
    Manual method is both costly, and can be erratic, being totally dependent on the human element to ensure that the lubrication is carried out.
    • Static brush application.
    This method demands constant maintenance. Application brushes clog up and bristles wear and are vulnerable to potential damage, soon after installation.
    • Spit/spray system.
    Currently the most commonly installed lubrication system for chains on large installations. It is very expensive to install. There is also a danger of inaccurate lubrication, when, after time the chain expands, which moves the pitch of the pins; yet the static lubrication point of the brushes does not compensate for this.

    The RotaLube chain lubricator answers all the problems outlined above. It is a controlled applicator that does not suffer from excessive wear. It will not ‘clog up’ and maintains accurate lubrication whatever the condition of the chain and pins.

    The RotaLube is being tested, at present, with many different configurations of pumps, including the Lubeplus E, GX, AC and HDI electric pumps. We are modifying the output of the Lubplus E to lubricate a small amounts of oil frequently and are looking at modifying an AC multi outlet pump with a faster rpm motor and new control card, which has fully adjustable ‘run and dwell’ times, for 110v or 240v supply. This modified format will be economic to install and will be attractive to smaller standard chain installations.

    For the larger installations we are going to incorporate the facility to apply metered amounts of oil into an air steam which feeds the lubricant to the Rotalube. This will, when operating, supply very small pulses of lubricant to the pins as the unit rotates. This type of application will obviously come at a cost and consequently maybe only attractive to customers undertaking larger and more expensive installations.

    RotaLubes to match larger size chains will be made, as requested, and these will have to be costed according to the specific applications.

  • Newave at CeBIT 2010: always a step ahead in UPS design and energy efficiency!

    CeBIT will take place in Hannover this year from 2 to 6 March 2010. At Stand B36 in Hall 12, Newave will introduce power supply innovations offering more energy efficiency, flexibility and power capacity.

    Newave will be showcasing innovative solutions under the motto “always a step ahead in UPS design and energy efficiency” at this year’s CeBIT. Here are some of the highlights, which are part of Newave’s exhibition at CeBIT 2010 – setting new standards in the field of uninterruptible power supply:

    PowerScale – 10, 20, 30, 40kW: Cost-saving, three-phase stand-alone UPS systems with smallest footprint and cos phi 1

    PowerWave 33 from 60 to 300 kVA: Extension of our energy-saving stand-alone UPS product line with powerful 300 kVA units

    DPA UPScale RI – 10, 20kW modules: Flexible and versatile modular UPS solutions available in rack-independent versions, based on the unique and proven Decentralised Parallel Architecture (DPA)

    Conceptpower DPA™ – 8, 12, 16, 20, 24, 32, 40kW modules: Powerful, unmatched UPS innovations – the reference for modular and safe-swap UPS technology with DPA inside

  • Newave’s UPS systems ensure problem-free cruises

    Today in Germany, more than 700,000 people take a holiday cruise every year; electronic superintendent Michael Sass has had technical responsibility for these passengers for the last five years. “When the AIDAcara went into service, it was equipped with Powerbox UPS systems,” he recalls. “They worked fine, but recently they had reached the point where their replacement parts were becoming increasingly expensive to obtain.” So along with his team, he started looking for alternatives which would be able to handle the safeguarding of both the central IT and navigation systems. Describing the construction principle, Sass says, “Basically, you install the aggregates and distributors first, and then everything else is built around them.” There is little space for subsequent installation of large equipment, and UPS systems performing in a 20 to 60 kVA range are simply not small. Michael Sass does not give a particular brand preference automatically, but selects the systems depending on how they are going to be used. Thus, he received three tenders, including one from Newave, “The modular concept was perfect for us,” says Michael Sass. “Compared with a monolithic one-piece system, subsequent installation was considerably easier.” The financial aspect of Newave’s tender also pleased the engineer: the investment costs were only slightly more than those for a monolithic UPS; plus the costs were lower for the overall service life. “I have to take into account the overall costs; the initial price has little to do with the expenditure for five or ten years of service life.” Thanks to the simplified service provided by Newave’s UPS systems – which do not need a spare parts stock – the maintenance contracts are less expensive than those of other providers. Moreover, downtimes are a matter of minutes, because individual defective power modules can be exchanged for new ones. With so many convincing arguments, it was easy to choose Conceptpower DPA. Michael Sass first ordered a UPS with three 20 kVA power modules. One module is designated for redundancy; 40 kVA is sufficient for all emergency lighting systems on board. Shortly thereafter, two other Conceptpower applications were purchased, each with two 20 kVA modules.

  • ASGCO New Improved SKALPER IV Blade with E-Z TORQUE Tensioning System

    Our newly enhanced Skalper® series of conveyor belt pre-cleaners have been installed and have solved carry-back problems all over the world. The simple and highly effective Skalper® belt cleaner with E-Z Torque® Tensioner removes carry-back effectively and efficiently.
    Our new and improved heavy duty blade design, with its unique horizontal sipes/wear grooves across the entire width of the blade cleaning edge, and arc-shaped back side of the blade, ensure a sharp cleaning edge throughout the life of the blade.
    The self-adjusting E-Z Torque® Tensioner (Lifetime Warranty), the most robust and accurate belt cleaner tensioner in the industry, has re-designed brackets to provide a square bolt pattern with UHMW bushings on both sides for a smooth, non-banding, trouble free operation.
    The ASGCO Skalper IV is easily maintained from one side of the conveyor. A stainless steel pin blade change-out system is a one minute, no tool operation that makes changing blades quick and easy.
    Our standard zinc plated schedule 160 mounting tube combined with the EZ-Torque tensioner (all stainless steel mounting system and tensioner) provides our customers with a belt cleaner that can handle the most extreme corrosive and weather conditions. New rubber corrugated dust covers ensure no build-up in the spring tensioning area.

  • Body Sizes of Many Species of North American Songbirds are Becoming Smaller Due to Warming Temperatures 2010

    800px-Rose-breasted-grosbeak

    2010March12: North American songbirds have become lighter and grown shorter wings in recent decades in response to warming temperatures, according to a study that analyzed records of 486,000 individual birds (102 species) between 1961 to 2007 at a ringing station in Pennsylviania. The study, which was published in the journal Oikos, was led by Dr Josh Van Buskirk of the University of Zurich, Switzerland and colleagues Mr Robert Mulvihill and Mr Robert Leberman of the Carnegie Museum of Natural History in Rector, Pennsylvania (BBC).

    Reference: BBC http://news.bbc.co.uk/earth/hi/earth_news/newsid_8560000/8560694.stm

    Image Description: Rose breasted grosbeak. Photo by Joern Hauke, 2009May26. Image Location: Wikimedia Commons http://commons.wikimedia.org/wiki/File:Rose-breasted-grosbeak.jpg Image Permission: This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license.

  • How Do You Know If Green Building Products Really Are Green?


    How should ”green” values in building construction products be measured – should firms look at the carbon miles traveled by product components, or total GHG emissions? How should green be defined — is it about energy efficient manufacturing processes, or eliminating toxicity? How do we avoid green washing? These questions were asked in the National Building Museum’s latest For the Greener Good lecture on “Greening the Supply Chain.”

    Kirsten Richie, Director of Sustainability, Gensler, Nadav Malin, President, BuildingGreen and Gwen Davidow, Director, Corporate Programs, World Environment Center, all provided their thoughts, while Ken Langer, President, Architectural Energy Corporation, moderated the event.

    Kirsten Richie, Director of Sustainability, Gensler: Gensler, a major architecture and consulting firm, has 35 offices worldwide, and more than 900 LEED APs on staff. The firm is involved in buying decisions for 300 million square feet of space per year. Gensler has calculated the square foot environmental impact of conventional building space: 28 pounds of C02, 365 gallons of water, 85,000 BTUs of power. These spaces average 17 percent utilization, and employee satisfaction with workspaces is around 64 percent. “In school, this meant an F.”

    Richie outlined five concepts for building greener: (1) less space and less stuff used more intensively, (2) continually innovate to get to C02 neutrality, (3) build at manufacturing plant and assemble on site (as an example, Richie cited a new Travelodge in the UK build entirely out of shipping containers that are slotted into place. “The system is modular, scalable, and uses materials efficiently.”), (4) sustainability doesn’t have to equal austerity, and (5) if you don’t ask, they won’t tell (ask product manufacturers what’s in their products).

    Nadav Malin, President, BuildingGreen: Malin’s group runs GreenSpec, a leading vetted directory that doesn’t offer certification, but is “flexible,” and encourages “life-cycle” thinking. There are “hard threshholds where appropriate.” The group also produces Environmental Building News, and recently launched LEED User, a service to help firms through the LEED certification process.

    Gwen Davidow, Director, Corporate Programs, World Environment Center (WEC): The WEC is a membership organization comprised of 40-50 major multinational corporations (MNCs), including Walmart and Coca-Cola, focused on advancing sustainable development through business operations and supply chains. While the organization acts globally, they are focused on assisting local small and medium enterprise (SMEs) in developing countries revamp their supply chains and business practices so they can meet the sustainability requirements of major MNCs. “It’s not just about environmental efficiencies, but also economic ones.”

    How can you tell if a building product is really green?

    Malin: There is no one particular answer. Products need to have different levels of information. It’s not binary: green or not green. If you are interested in carbon, there should be details. If you are interested in toxicity, there should also be information.

    Richie: A single green attribute isn’t enough. We need to look across impact areas.

    Davidow: The question is: Is it Green Enough for You (GEFY)? For some firms, having a green end-product is enough, they aren’t interested in that firm’s suppliers, or the supplier’s suppliers. We need to get further up the supply chain stream to avoid cherry picking against certain criteria.

    We can eco-geek out on the manufacturing process, but another question to ask is: Does the end consumer really care?

    Ritchie: There should be environmental product declarations. Good, bad, or ugly, firms should record their products’ environmental impact. This creates a base map from which we can do life-cycle assessments. These can be used to demonstrate continuous improvements.

    How do you do the math as a consumer?

    Richie: Our goal is to ensure every building product is green, so you won’t even need to examine the details. You’ll just know. However, this doesn’t exist yet.

    A big building project can include 10,000 line items. We can’t check the environmental impact details on every product. We need shortcuts — products need to be certified against standards. You should be able to buy a certain brand and know you are getting a sustainable product.

    Davidow: Green needs to be a part of the product. It can’t be a niche product offered among others. Green needs to be embedded into the product.

    Richie: How did we get electrical safety standards? The great fire in Chicago led to their development. You can no longer buy an unsafe car. All cars must be safe to some extent. 

    We need green standards for products. There are no rules saying manufacturers need to use recycled content. We don’t have gross toxicity standards. 

    Davidow: Green base lines in products will need to be regulated and certified if we are going to reach green product ubiquity.

    Malin: There should be green labeling in construction projects. 3rd party certification is needed. Labels equal regulation.

    What about clustering eco-manufacturers to leverage efficiencies?

    Davidow: This is not easily done. Shanghai’s Pudong area has an eco-neighborhood for manufacturing — manufacturing inputs are shared, and load balancing helps moderate energy consumption. The problem is that it’s been so successful that Shanghai can’t support the existing infrastructure. The city needed to open another manufacturing site across the city. There need to be government incentives for this to work.

    Richie: Sonoma Mountain Village enables small firms to engage in this kind of “waste to feedstock” circular manufacturing process.

    Malin: Local production really doesn’t have that big of an impact on the overall environmental profile of a product. Embedded energy is much, much bigger. Products do need some connection to a place, which can lead to direct engagement by communities in local manufacturing processes. For instance, living near a timber firm in New England, I can clearly see whether they are sustainably manufacturing wood products.

    How can people get better engaged?

    Richie: Help develop building product and construction standards through ASTM and NSF.

    Can products both be the cheapest and greenest?

    Richie: Many of the major building product firms stopped investing in R&D long ago. These are mature industries relying on high volume sales. Small firms are doing most of the innovating, but given their small size, need to charge more for their products — firm size better explains the cost difference between green and non-green products.

    Davidow: The costs of environmental damage are high and haven’t been factored in. Prices of ordinary products are now artificially low; they don’t account for the damage they cause to the environment now. Carbon hasn’t been monetized. 

    Major MNCs are creating sustainability requirements for suppliers. Walmart’s Sustainability Index is scary, and watched closely by suppliers.

    Malin: Walmart seems to be committed to becoming more sustainable. However, in my experience with them, they haven’t been able to explain their location choices and the environmental impact of all those consumers driving to their locations.

    The panelist also argued that LEED, “flawed as it is,” has helped expand awareness and provides enforcement through the certification process. Some of the flaws are caused by the balance these ratings systems need to strike between environmental commitment and usability. “These tools need to be manageable for designers.” A green product certification system, Cradle to Cradle (C2C), is a “black box,” (meaning their certification process is not fully transparent), but “some good intelligence” has gone into it.

    There is no easy way to determine if replacing outdated, energy-sucking products with high energy-efficiency products actually results in energy savings. Energy efficient products still consume lots of energy in the manufacturing process. Retrofitting older spaces and reusing outdated products may be a ”practical,” low-cost way to use materials wisely.

    Germany’s green building standards are so high that many LEED Platinum spaces in the U.S. wouldn’t qualify. Germany requires every office worker have access to daylight. “In the U.S., it’s optional. Why?”

    Image credit: ASLA 2007 General Design Honor Award. Washington Mutual Center Roof Garden, Seattle, Washington. Phillips Farevaag Smallenberg, Vancouver British Columbia, Canada

  • Officially Official: 2012 Ford Police Interceptor unveiled, second utility model announced

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    2012 Ford Police Interceptor – Click above for image gallery

    The Ford Crown Victoria has been the chariot of choice (well necessity really) for police officers and cabbies all over America since the demise of its numero uno competitor, the Chevrolet Caprice, back in the mid-’90s. The Crown Vic and its ancestors have been around with a minimum of mechanical changes since roughly the same time as the Model T, or at least it seems that way. However, in recent years the Crown Vic has been increasingly challenged by the Dodge Charger and Chevrolet Impala. Even more troubling for Ford is the impending arrival of a new rear-wheel-drive drive police car from Chevrolet based on the departed Pontiac G8.

    At a private fleet sales event in Las Vegas today, Ford finally took the wraps off a new generation Police Interceptor model based on the 2010 Taurus. The new car has big shoes to fill as the Crown Vic has accounted for 70 percent of all police vehicle sales over the past five years. Read on for more on the new Police Interceptor.

    [Source: Ford]

    Continue reading Officially Official: 2012 Ford Police Interceptor unveiled, second utility model announced

    Officially Official: 2012 Ford Police Interceptor unveiled, second utility model announced originally appeared on Autoblog on Fri, 12 Mar 2010 12:31:00 EST. Please see our terms for use of feeds.

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  • New iPad Details Emerge as Pre-Ordering Commences

    People may be able to buy their iPads today, but they won’t actually get their hands on the much-anticipated devices until early next month, and later if they opted for 3G connectivity. But Apple isn’t without a heart, so the company revealed some new specific details about the tablet on the iPad micro-site, according to MacWorld.

    Included in the informational appetizer are details regarding the 3G data plans available for the device, the iBooks application and how it will work, a small hardware change that should make a pretty big difference, and a couple other eyebrow-raising late-game additions.

    Data Control

    The iPad benefits from having to deal with only two available data options at launch in the U.S. Because it knows exactly how much data you should have, it can provide much more useful usage information. You get access to an iPad Cellular Data Plan window on the 3G-enabled devices, from which you can modify, sign up for, or even cancel your AT&T data plan.

    The iPad will let you know when you’ve got only 20 percent and 10 percent remaining of your 250MB if that’s what you’re working with, and when you’re completely out. From there, you can top off by adding more data, or even upgrade to the full unlimited plan at $30 a month. Sure beats sitting on hold waiting for an AT&T representative. There’s also evidence that you’ll be able to manage an international data plan from the screen in the future, but Apple hasn’t revealed any details regarding this yet.

    iBooks

    The actual iBooks app won’t be installed by default on shipping iPads, probably owing to the fact that it might not be available at all on international versions of the device, at least if the lack of a mention of the app on the iPad pages in other countries indicates anything. Instead, you’ll be able to download it from the App Store.

    Good news for public domain fans: any free ePub format books you download from elsewhere can be synced to the iPad via iTunes and read on your device. And Kindle fans will appreciate the ability to highlight and look-up any word in any book, either on Wikipedia, the dictionary, or via web search, just by touching and holding.

    Screen Orientation Lock

    I absolutely hate using the iPhone while lying in bed for a lot of things because many times, a screen lock is a software feature and isn’t necessarily available for all applications. That means that it’ll constantly switch to landscape mode, despite that not being at all what I want it to do.

    The iPad solves that problem via a hardware switch above the volume controls on the side of the device that locks the screen’s orientation into whatever mode it’s in currently.

    Accessibility

    More accessibility options have been added, including the ability to switch audio to mono and route it through just one headphone for users who may only have hearing in one ear. iBooks are also apparently covered by VoiceOver, so that users can have them read to them by Apple’s emotionless robot drones.

    AVI Support

    Perhaps the biggest little detail added in the iPad’s specifications is support for AVI videos, using the MotionJPEG format. Resolution for the files supported is 1280×720, which is HD, and PCM stereo audio is also part of the deal. Best of all, the data rates supported run up to 35Mbps, which is well beyond even the Apple TV’s standards. Looks like Apple has really big video plans for this capable little device. Wonder if this has anything to do with all of its recent talks with TV studios?

    So now you’re more informed about that pre-order you’ve made or are thinking about making. And now I only feel more keenly the still-distant international ship date for the device. Thanks a ton, Apple.

    Related GigaOM Pro Research:
    5 Tips for Developers Targeting the iPad
    Web Tablet Survey: Apple’s iPad Hits Right Notes
    With The iPad, Apple Takes Google To the Mat

  • Time to Purge: FDIC Arranging Rapid-Fire Home Loan Liquidations

    sheilabairfdicvideo.png

    The FDIC has finally decided to ditch the crappy home loans it acquired from failed banks during the financial crisis.

    According to Asset Backed Alert, Stifel Nicolaus, RBS and HSBC are beginning to pitch loan portfolios to banks and investment firms on behalf of the FDIC. What needs to be noted, however, is that the investors originally thought the FDIC would wind down its positions slowly.

    Instead, it’s going to liquidate like there’s no tomorrow.

    This is due to the fact that the FDIC expects the number of institutions under its control will expand this year due to increased financial pressure from the crisis. It could be credit card write downs, it could be commercial real-estate. Nobody knows.

    Join the conversation about this story »

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  • El Porsche 918 será llevado a producción

    Asi es, finalmente el Porsche 918 será llevado a producción para el deleite de todos los amantes de la marca. El encargado de dar a conocer esta noticia no ha sido otro que Michael Macht, jefe de Porsche.

    Posrche 918

    Este deportivo esta llamado a ser el sucesor del actual Porsche 959. Por otra parte, Macht ha afirmado que podría tardar alrededor de unos 5 años en entrar en la línea de montage por lo que su llegada a los concesionarios podría rondar el año 2015.

    Por último, para quien no conozca este modelo os dejo un vídeo:

    Related posts:

    1. BMW Vision EfficientDynamics será llevado a producción
    2. Porsche cederá sus plataformas al Grupo Volkswagen
    3. Qatar interesada por Porsche
  • James Murdoch Is Very, Very Confused About Copyright Infringement (And So Is His Dad, Rupert)

    TorrentFreak has an article about how Ari Emanuel, brother of Obama chief of staff Rahm Emanuel and the “inspiration” for Jeremy Piven’s “Ari Gold” character in the show Entourage, is claiming that he’s talking to President Obama about implementing a three strikes law in the US. While I’m sure he’s talking, I’m at least somewhat confident he’s not getting very far. Almost everyone I’ve spoken to on various sides of this debate agree that a blatant three strikes law in the US is unlikely to get very far. Now, something like ACTA might put pressure on ISPs to adopt a three strikes rule, and Emanuel’s buddies in Hollywood still think that they can convince ISPs to voluntarily put in place such rules — but very few people seem to think that a full on three strikes law in the US is in the cards. Hopefully that’s the case.

    What may be more interesting, however, is what Rupert Murdoch’s son, James Murdoch was saying at the very same event. He didn’t just echo his father’s blatantly incorrect notions of copyright, he went way beyond them. The younger Murdoch, who apparently is the current heir apparent to the Rupert Murdoch throne at the top of News Corp., made a bunch of statements about copyright infringement that sound like the typical comments of someone who has just entered this debate and has never thought about the actual issues. That is, he trots out the ridiculously wrong line that infringement is the same as “theft”:


    “We need enforcement mechanisms and we need governments to play ball… There is no difference with going into a store and stealing Pringles or a handbag and taking this stuff. It’s a basic condition for investment and economic growth and there should be the same level of property rights whether it’s a house or a movie…. The idea that there’s a new consumer class and you have to be consumer-friendly when they’re stealing stuff. No. There should be the same level of sanctity as there is around property. Content is no different. They’re not crazy kids. No. Punish them.”

    Where to begin? First of all, yes, there’s a very big difference between going into a store and stealing Pringles (why Pringles?!?) or a handbag. If you do that, the Pringles or the handbags are now missing, gone, kaput. If you make a copy of a digital file, the original is still there. You’ve just created a new one. And, no, it’s not “a basic condition for investment,” that there needs to be the same property rights in a house or a movie. The two things have never had the same property rights. A house never goes into the public domain after a certain period of time. There is no fair use of a house (though, to be fair, the Murdoch family seems to think that fair use doesn’t exist either, despite relying on it heavily in some of their companies). And there’s a reason that there are those significant differences, and it has to do with basic, fundamental economics, and the difference between scarcity and abundance.

    Honestly, seeing James Murdoch’s words immediately call to mind Larry Lessig’s recent talk where he discusses how the current media bosses at companies like Viacom are dinosaurs, with the younger generation waiting in the wings to take over, claiming that they don’t hold these same draconian notions on copyright. Except, in this case, James is the younger generation which is supposed to get this stuff.

    Perhaps he should take some notes from his (slightly older) sister Elisabeth, who recently made comments that appear to be the exact opposite of what her brother and father are saying:


    “Fans remain the best salesmen of our content, even if that behavior is on the borderline of piracy. Danger of the new world is that we must concede that we’ll lose some control.”

    I wonder if James’ “the idea that there’s a new consumer class and you have to be consumer-friendly” line was directed at his big sis. Of course, in that recent NY Mag profile of Rupert, it notes that many people expect Elisabeth to come back into the News Corp. fold at some point (she left to start her own — successful — TV production house). Either way, if James really does get control over News Corp., it sounds like it’ll be more of the same: more misunderstanding about how copyright law works, more misunderstanding of the economics of content and more mistakes designed to hold a company in the past, rather than embracing the future.

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  • China Warns Google to Obey the Law

    While Google’s negotiations with Chinese authorities are still pretty much behind closed doors, government officials are beginning to make it very clear that they will not accept any sort of wavier of the country’s strict online censorship laws on Google.cn. Google hasn’t acted on its decision to stop censoring search results in China, which it announced preci… (read more)

  • Sony: 13 million PS3s sold by end of March

    Sony is predicting a great March for the PS3. Even with the threat of tight inventory, the company still expects to reach the 13 million units sold worldwide milestone by the end of the month.

  • The 15 Worst Stock Fund Managers Of 2009

    keith colestockUnless you were a short-seller it was really, really hard to lose money in 2009

    The S&P 500 returned 26.46% in 2009. That’s what you could have returned just by investing in a low-fee ETF and then going to sleep and waking up a year later.

    But despite the fees and the longstanding criticisms of the industry, it persists and pulls and gigantic sums of money every year.

    We decided to check out the fund managers who didn’t keep up in 2009, and didn’t deliver.

    Several made money, but compared to the broader markets, their investors lost out.

    Now of course, this is just one year’s performance, and it’s the long-term record that matters. But when one-year returns look good, fund managers tout the hell out of them.  So it seems fair to do the opposite.

    See the year’s 15 worst fund managers –>

    Join the conversation about this story »

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  • Hotchkis Track Day proves “After” is much better than “Before”

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    Autoblog attends Hotchkis track day – Click above for high-res image gallery

    Suspension tuner John Hotchkis, principle of Hotchkis Sport Suspension and apparently at peace with the fact that we broke his precious E-Max, invited yours truly out to the Streets of Willow to pound some more hard fought miles into the amazing yellow 1971 Dodge Challenger. Actually, a whole bunch of people were on hand to do the pounding, and not just on the E-Max. Hotchkis was putting on a before-and-after clinic to showcase (and show off) a couple of its suspension packages. Not only was the mighty, heavily tweaked E-Max on hand, but the Hotchkis gang brought along a fairly stock 1970 Challenger, a rented Chevrolet Camaro SS and a Camaro SS that had been given the full Hotchkis suspension treatment.

    The Plan: Put each car in the more-than-capable hands of John’s brother, Mark Hotchkis, a former Indy Lights driver who also happens to campaign a Porsche 962 in vintage races. Each car would be put through a series of tests (slalom, skid pad and a lap of the track itself) revealing numerically just how much better the new Hotchkis suspension pieces worked. They also brought a few of us journalist types along to not only see viva la difference, but share our impressions with the world/you guys. But before we get to the results…

    Photos by Jonny Lieberman / Copyright (C)2010 Weblogs, Inc. and Dan Khan

    Continue reading Hotchkis Track Day proves “After” is much better than “Before”

    Hotchkis Track Day proves “After” is much better than “Before” originally appeared on Autoblog on Fri, 12 Mar 2010 11:58:00 EST. Please see our terms for use of feeds.

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  • iPad Now Available for Pre-order

    Apple’s much talked about iPad is now available for pre-order.

    The Wi-Fi version of the iPad will deliver on April 3 or be available for in-store pickup then (if you chose that option). The 3G version still has no official ship date, just an ominous “late April.”

    I pre-ordered the 16GB Wi-Fi version first thing this morning and let’s just say all the little extras add up fast. The $499 iPad quickly turned in to the $730 iPad between AppleCare and a few accessories. Such is the life of an early adopter, I suppose.

    So, will you be pre-ordering an iPad today? If so, which one?

    Related GigaOM Pro Research:
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  • 10 Funds That Buy Like Warren Buffett

    warren buffett

    When Warren Buffett talks, people listen. Any time the legendary investor weighs in on market matters, either through his words or through the actions of his investment vehicle,  Berkshire Hathaway (BRK.B), knowledgeable investors pay close attention. That’s why the release of Berkshire’s annual report each February is such an eagerly anticipated event: It includes Buffett’s annual letter to Berkshire shareholders, in which the Oracle of Omaha gives his take on recent events and drops nuggets of investing wisdom. This year’s letter (released Feb. 27 and available here) is as quotable as ever, as Jason Stipp reported after it came out.

    Another reason for the widespread anticipation of Berkshire’s annual report is its insights into Buffett’s investment decisions from the previous year. While many were revealed during earlier disclosure, the annual report provides the big picture, including a list of the biggest holdings in Buffett’s investment portfolio. Morningstar’s Bill Bergman recently analyzed Buffett’s 2009 trading activity, including his top 10 stock holdings as of Dec. 31, 2009. Berkshire’s top equity holding is still  Coca-Cola (KO), where Buffett is the largest shareholder (and a board member); the list also includes Burlington Northern, the railroad Berkshire recently bought outright. (The deal didn’t close until this year, so Burlington Northern was still publicly traded as of Dec. 31.) Essentially all of Buffett’s stock holdings are big, stable, profitable companies with solid competitive advantages–the same type of business he has always preferred.

    Plenty of mutual fund managers are Buffett fans who emulate his investment approach in one way or another. Last August we took a look at mutual funds with the biggest Berkshire Hathaway stakes, including such excellent funds as  Sequoia (SEQUX) and  Clipper (CFIMX. When Buffett announced his plans to buy the rest of Burlington Northern back in November, Ryan Leggio looked at funds with the biggest stakes in that stock, which jumped in price when the deal was announced.

    In a similar spirit, we decided to look at funds that are the biggest holders of Buffett’s other favorite stocks. We calculated the funds with the largest combined percentage of their assets in Berkshire Hathaway’s top 10 stock holdings other than Burlington Northern. Those remaining nine: Coca-Cola,  Wells Fargo (WFC),  American Express (AXP),  Procter & Gamble (PG),  Kraft Foods (KFT),  Wal-Mart (WMT),  Wesco Financial (WSC),  ConocoPhillips (COP), and  Johnson & Johnson (JNJ).

    Two of the top three funds on the resulting list are consumer-staples sector funds (Vanguard Consumer Staples Index (VCSAX) and  Fidelity Select Consumer Staples (FDFAX), which is not surprising given that Coca-Cola, Procter & Gamble, and Kraft are three of the biggest names in that sector.

    We restricted the final list to diversified funds with at least $100 million in assets. Within those limits, the following table shows the top 10 funds, including each fund’s category, size, and category-specific annualized return and percentile ranking over the past five years through March 10.

    morningstar funds like buffet

    Yacktman  (YACKX) tops the list, with sibling Yacktman Focused (YAFFX) close behind. Donald Yacktman and his son, Stephen, manage both funds, employing a Buffett-style investing philosophy. They looks for profitable companies, usually with little debt, that are trading at a substantial discount to his estimate of their intrinsic value. While most of these are big blue chips of the type Buffett holds, including top 10 holdings Coca-Cola, ConocoPhillips, and Procter & Gamble, Yacktman is also willing to hold smaller stocks that fit his criteria, such as  AmeriCredit (ACF) and Lancaster Colony (LANC). While this strategy sometimes goes out of favor, as it did in the middle of the past decade, it has worked extremely well over the long term. These two funds are among the best-performing large-value funds over the past five, 10, and 15 years, and Donald Yacktman was one of the finalists for Morningstar’s Domestic-Stock Manager of the Decade.

    Clipper stands out because it’s the one fund on this list that’s also among the most prominent holders of Berkshire Hathaway itself. It’s managed by Buffett fans Chris Davis and Ken Feinberg, who also manage  Davis NY Venture (NYVTX) and  Selected American Shares (SLASX), both of which, along with Clipper, are Fund Analyst Picks in the large-blend category. (Davis and Feinberg also subadvise the #10 fund on our list,  MMA Praxis Core Stock (MMPAX).) Berkshire Hathaway was the second-largest holding in each of these funds’ most recent portfolios, and they all also had at least one of the nine “Buffett stocks” among their top five holdings. In Clipper’s case these are American Express and Procter & Gamble, which together take up more than 15% of assets. These stocks represent a higher percentage of the more concentrated Clipper, which has only 24 holdings, in contrast to about 90 each for Davis NY Venture and Selected American Shares.

    The rest of these funds have a similar focus on high-quality blue-chip stocks trading at attractive prices. GMO Quality III (GQETX) is advised by Grantham, Mayo, Van Otterloo & Co., whose cofounder, legendary value investor Jeremy Grantham, is a longtime market pessimist who has made some accurate predictions, and a longtime advocate of buying cheap, high-quality stocks.  Dreyfus Appreciation (DGAGX) counts Coca-Cola, Procter & Gamble, and Johnson & Johnson among its top holdings; it’s subadvised by Fayez Sarofim & Co., a firm that has achieved excellent long-term results by investing almost exclusively in big, highly profitable companies with strong competitive advantages.

    Of the 10 funds on this list, only the two Yacktman funds have beaten Berkshire Hathaway’s 6.4% annualized return over the past five years, illustrating how tough it is to beat Buffett. Even so, these funds have mostly been strong performers over the long term, with all but the two Davis-Feinberg funds beating their categories over the past five years. (Clipper and MMA Praxis Core Stock got hammered by some bad financial bets in 2007 and 2008, but they’ve since rebounded strongly, and we remain big fans of Davis and Feinberg.) That long-term strength illustrates why so many people pay attention to Buffett’s portfolio, and why emulating his general approach has been a winner over time.

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