Category: News

  • First Bailout Glitches Appear, As Greece Is Already Trying To Renegotiate Bailout Terms

    Acropilos greece athens greek

    Interesting Reuters story via ForexLive

    Greece is trying to renegotiate the terms of a drastic pension reform required under the terms of an economic rescue deal agreed this month with the EU and the IMF, senior government officials said.

    In the first sign of glitches over the 3-year bailout plan, officials said they wanted the EU and IMF to agree full pensions should be payable after 37 years of contributions instead of 40, as set out in the deal, and allow the reform to be implemented later than foreseen.

    Definitely something to watch

    Read the whole thing >

    Join the conversation about this story »

  • Mendlein Joins aTyr as Chairman

    Luke Timmerman wrote:

    aTyr Pharma, the San Diego-based developer of a new class of protein drugs, said yesterday that John Mendlein has joined the company as executive chairman of the board. Mendlein is currently the chairman of Fate Therapeutics and Alevium Pharmaceuticals. He was previously the CEO of Adnexus Therapeutics before that company was sold to Bristol-Myers Squibb for more than $400 million. aTyr Pharma was co-founded by Paul Schimmel, the prolific biotech entrepreneur, and a scientist at The Scripps Research Institute.

    UNDERWRITERS AND PARTNERS



























  • British universities join national industrial design coalition

    A “coalition agreement” has been struck between 13 universities in the U.K. and British Design Innovation (BDI), the trade organization for industrial design, service design, and innovation consulting groups. The universities have joined BDI in forming a national University Design Industry Partnership Scheme (UDIPS) — the first of its kind in the UK — in a bid to create world-changing innovations, products and, processes. The scheme hopes to leverage the value that private-sector industrial design companies can bring to discovery-led university research by acting as a bridge between the technology and consumer-focused market applications and between originators and industry.

    Each of the UDIPS universities was hand-picked to reflect a representative mix of disciplines, students, staff, geographical spread, and commitment to collaborative innovation. They include the Universities of Anglia Ruskin, Brunel, Cambridge, Cranfield, Hertfordshire, Loughborough, Middlesex, Nottingham Trent, Queen’s Belfast, Staffordshire, Sussex, the Open University, and the University for the Creative Arts (UCA). The coalition was formalized following a national conference co-hosted by BDI and UCA thought to be the first national face-to-face debate between universities and strategic designers in the U.K. “Collectively, BDI members share 3,000 years of IP commercialization experience that has generated over £1,000,000,000 in revenues for organizations of all sizes, in all markets,” explains Maxine Horn, BDI’s CEO. “Our proven knowledge transfer processes are accredited by the Institute of Knowledge Transfer, and our designers’ abilities to validate the visual business case not only assists universities, spinouts, start-ups, and SMEs to communicate their potential to investors, venture capitalists, and other stakeholders but also prevents market application mistakes from occurring.”

    A report summarizing the context for a national strategic UDIPS was published in March. (Click here to view the report.)  Action points arising from the conference included the need for clearer terminology, roles, and capabilities and the formulation of robust remuneration models, rules of engagement, and collaborative working practice business models.

    Source:  British Design Innovation


  • Brad Lidge nears return; Charlie Manuel praises Jose Contreras

    http://a323.yahoofs.com/ymg/ept_sports_fantasy_experts__28/ept_sports_fantasy_experts-547229859-1274887944.jpg?ymIMtMDDVHoKSnndBrad Lidge(notes) is once again slouching from the shadows, threatening to blow saves for the Phillies. Lidge has told reporters that he hopes to return from the DL in time for next week’s series at Atlanta.

    After receiving a cortisone shot in his surgically repaired right elbow on May 17, Lidge is apparently feeling much better. He threw a 25-pitch bullpen session on Tuesday, and another is scheduled for Thursday. If all goes well, Lidge may make an appearance at Single-A over the weekend — so far this year, he’s actually pitched more innings for Clearwater (4.2) than for Philadelphia (3.1). 

    And after the short rehab stint, he’ll presumably want his old job back.

    But is there even a remote possibility that Lidge can pitch as brilliantly as interim closer Jose Contreras(notes) has to this point in the season? (OK, maybe there is, seeing as how no reasonable person thought Contreras himself could ever pitch this well). Jose has allowed just eight hits and one run over 14.1 innings, while striking out 20 batters and earning two saves. As we’ve mentioned before, the move to the ‘pen has allowed Contreras to throw harder than ever. He’s been ridiculously good. No one — except for a few thousand Lidge owners — wants to see him leave the ninth inning. 

    Thankfully, Charlie Manuel won’t reassign Contreras to a lesser role right away. This from the Philadelphia Daily News:

    Manager Charlie Manuel said his decision-making in tight games will depend largely on how Lidge performs after he recovers. But he also has said repeatedly he thinks the 38-year-old Contreras, who entered the season as a full-time reliever for the first time in this, his eighth season, has the potential to be a successful closer.

    "We’re trying to build him up where he can go at least 3 or 4 days in a row," Manuel said. "That’s a process, but stuff-wise, what he’s done so far, he’s been very good, and he’s got the talent to pitch at the end of the game and to be a closer."

    Now that Alfredo Simon(notes) is on the DL for Baltimore and Carlos Villanueva(notes) is losing his tenuous grip on the ninth in Milwaukee, Contreras is the last of the SP-eligible closers. Stay strong, Jose. Lidge has a mysterious hold over Manuel, though, so he can never be written off. 

    (And yes, we’re paid a little extra to write about the Phillies’ bullpen. That should be obvious by now).

    Photo via US Presswire

  • New financial exchange offers new alternative for IP monetization

    Chicago-based Intellectual Property Exchange International (IPXI), which bills itself as “the world’s first financial exchange focused on intellectual property,” is laying the groundwork for what it anticipates will be a formal launch later this year. The exchange will allow owners of IP to monetize their assets much as firms do now on the major stock exchanges, while giving investors access to trading, investment, and arbitrage opportunities. “We are trying to address some of the causes of inefficiency in intellectual property — lack of standardization, efficiency, transparency, and prejudice against smaller IP holders,” explained Gerard Pannekoek, president and CEO of IPXI, during a recent webinar sponsored by the firm.

    Pannekoek used Ford Motor Company as a hypothetical example of an IP holder who might participate in IPXI. “Say Ford needed a market for a valve designed for automobiles and light truck engines that burn ethanol,” he posited. “The IP owner would form a Special Purpose Vehicle (SPV) jointly with the exchange to assign the patent portfolio and grant the right to sublicense Unit License Rights (ULRs). So, Ford would contact us, create the SPV, and then proceed with the help of an IP advisor or investment bank to put together a prospectus.” Such a process, he explained, is best compared to a public offering — of patents. “Instead of a bilateral transaction, they list the IP on the exchange and start with an initial offering of Unit License Rights (the right for a buyer to use a technology or patent in the manufacture or sale of a product); potential buyers might be Nissan, BMW, or Mercedes, for example. All they have to do in principle is call their broker, and depending on their anticipated needs for months or years to come instruct them to purchase a number of unit license rights consistent with their anticipated use. So, for example, if BMW expected to build 5 million trucks requiring this valve, they would instruct their broker to purchase 5 million units.”

    Pannekoek anticipates that the units would be offered in several tranches on a sliding price scale, with each tranche having a higher cost per ULR. “This is a typical arrangement; it rewards early buyers,” he explained. The exchange will then create a secondary market, providing buyers with the opportunity to either purchase additional ULRs from other market participants or, in the event they have overbought, to sell them to other users or institutional investors. A detailed article on the new IP exchange, including analysis of its utility for TTOs, appears in the May issue of Technology Transfer Tactics. To start a subscription, including access to the entire three years of archived articles filled with success strategies and best practices, CLICK HERE.

  • Motorola XT502 (Greco?) with Android outed by Bluetooth SIG

    Motorola Greco

    It seems that Motorola is pumping out a lot of Android handsets as of late, and another new phone has been outed thanks to the Bluetooth SIG.  The new Motorola XT502, titled Greco by the file name on the Bluetooth SIG, is a touchscreen device running Android, though we’re unsure which version of the OS is on it.  The quad-band GSM device has a touchscreen, Wi-Fi, Bluetooth, USB, a 3.5 millimeter headphone jack, and a camera, possibly with a flash.  The model number of the device suggests that it will launch in China since many other Moto devices with model numbers XT have launched there in the past.  However, it has 3G bands compatible with AT&T here in the States, so we may see a launch here some time in the future.

    Via Unwired View


  • Open Thread: How Has Cloud Computing Changed the Way You Work?

    Next month will see our cloud computing conference, Structure, return for its third year, which got me thinking about the impact of cloud computing on my web working.

    Coupled with the increase in Internet bandwidth, cloud computing has facilitated the development of many of the fantastic web apps that I use and love today as services like Amazon’s EC2 and S3 and Google’s App Engine has lowered the app vendors’ startup costs and provided reliable scalability for when their user bases grow.

    When it comes to mobility and collaboration, cloud computing has delivered advances that I already take for granted. Because I primarily work in the cloud, I can access my work from anywhere, using a multitude of devices. This is beneficial beyond just being able to hop between a desktop machine and a laptop. When most of one’s tools live online, switching from PC to Mac (or vice versa) is much less burdensome than it could have been in the past. And if I suddenly found that my main laptop had died, my Time Machine backup was corrupted and I only had in iPad  to work on — as happened to designer Shane Pearlman recently — it wouldn’t be an absolute disaster.

    Having my work available online makes collaboration far easier than it ever was before. Rather than emailing files to my colleagues and trying (and failing) to keep track of all the different versions, using a tool like Google Docs means I can have one document that everyone can access — it’s even possible to have more than one person editing that document at any one time, if I wish. Couple that kind of access with project management and corporate social networking features and collaboration with the rest of my team, which is spread all over the globe, is a snap. And developers have seemingly only scratched the surface of the collaborative possibilities.

    Personally, I love having all of my main work tools available in the cloud. It means I can always get at my work, whether I’m logging on with either of my laptops, on my phone, on a desktop machine or even using someone else’s computer — I simply open a browser, load up a few tabs and I’m ready to go.  If a hard drive failure or some other catastrophe strikes my computer, I know that my work is safe and I can get back up and running with minimal downtime.

    While this veritable explosion of web apps has made all of our web working lives considerably easier, it’s also made things cheaper. While running a virtual team like WebWorkerDaily’s would still be possible without the cloud, it would probably be a lot more expensive. Instead of using an array of fairly inexpensive cloud-based tools, not only would we have to either buy or develop all the software we need, we’d also have to have the infrastructure on which to run it and hire additional staff just to keep the systems running. Without the cloud, many of the virtual businesses that have sprung up over the past few years wouldn’t exist, because the costs would be too prohibitive. And I probably wouldn’t be doing what I’m doing now.

    Of course, working in the cloud is not without its drawbacks and risks. It requires an Internet connection, and such connectivity is not yet ubiquitous. Data portability is also an issue, because once you start using a particular web app, it can be tricky to move your data to another service. There’s also the question of trusting web app vendors with your data — what happens if the vendor goes bust, corrupts your data somehow, or is hacked? Many of these issues can be mitigated, however — by having appropriate local backup strategies, for example — and some of them are being addressed by web app vendors themselves.

    Cloud computing has clearly had a huge impact on my working life over the past few years, but I wanted to get the thoughts of the WWD readership: How has cloud computing changed the way that you work?



    Atimi: Software Development, On Time. Learn more about Atimi »

  • Report: Bugatti has built a working 800-hp electric supercar prototype

    Bugatti Veyron Grand Sport

    According to insiders at Molsheim, France, Bugatti has produced an 800-hp electric supercar prototype, which may never be displayed to the public… at least that’s what the sources told AutoExpress.

    The working electric supercar Bugatti is said to be built on the chassis of a Bentley Continental GT and features an advanced lithium-ion battery pack and two huge powerful electric-motors that can deliver a neck-snapping 1,622 lb-ft of torque from 0 mph.

    Why is it that we may never get to see the electric supercar from Bugatti? Insiders say that the model is being built just to study the technology and allow engineers to explore the ultimate performance available from an electric powertrain.

    This isn’t the first time that Bugatti has ever built a battery-powered car. Ettore Bugatti, founder of the company, made an electric-car called the Type 56 that he used to tour around the factory in Molsheim, France.

    – By: Omar Rana

    Source: AutoExpress


  • 2011 Subaru Cosworth Impreza STI CS400

    2011 Subaru Cosworth Impreza STI CS400 - Front Side View

    The new Cosworth Impreza STI CS400 is the result of a collaboration between Subaru and Cosworth. The 2.5-litre turbocharged ‘Boxer’ engine is transformed to produce 33 per cent more power. The engine, which drives all four wheels via a six-speed manual gearbox, boasts an impressive 400 ps and the new model reaches 62 mph in just 3.7 seconds, going on to cover a quarter mile in 12.75 seconds at a terminal speed of 107 mph. Top speed is limited to 155mph.

    Subaru Cosworth Impreza STI CS400 2011 - Front View 2011 Subaru Cosworth Impreza STI CS400 - Interior View 2011 Subaru Cosworth Impreza STI CS400 - Seating View

    The Subaru Cosworth Impreza STI CS400 production will be restricted to 75 cars and available in a choice of three exterior colors (Spark Silver, Dark Grey and San Remo Red), and is priced from £49,995 on-the-road.

    2011 Subaru Cosworth Impreza STI CS400 - Tail Lights View Cosworth Subaru Impreza STI CS400 2011 - Rear Side View 2011 Subaru Cosworth Impreza STI CS400 - Rear View

    Source: Lincah.Com – New Car and Used Car Pictures

  • Nectocaris: mystery fossil was actually a 500-million-year-old squid relative | Not Exactly Rocket Science

    Nectocaris

    In the Canadian Rockies, a horde of 91 squid-like animals have risen from the depths, millions years after their demise. This isn’t the plot of a terrible B-movie; it’s the doing of Martin Smith and Jean-Bernard Caron from the University of Toronto. Together, they have solved a mystery some 500 million years in the making.

    Smith and Caron have been giving a makeover to an enigmatic creature called Nectocaris. Until recently, only one specimen had ever been found. Its poor state and puzzling combination of features made it nigh impossible to classify. But not anymore – by finding a staggering 91 extra specimens, Smith and Caron have revealed that Nectocaris is the earliest known cephalopod. It’s the great-great-great-(etc)-granduncle of today’s octopuses, squids and cuttlefish.

    Nectocaris pteryx or “swimming crab with wings” was first described by Simon Conway Morris in 1976. It’s one of the stars of Canada’s Burgess Shale formation, arguably the planet’s most important collection of fossils. Its rocks preserve an extraordinary diversity of animals from the Cambrian period, some 505 million years ago. It was a time of great evolutionary experimentation, when the ancestors of all of today’s animal groups mingled with bizarre creatures that have left no living descendants.

    Until now, Nectocaris’s allegiances have shifted all over the place. Conway Morris himself had no idea where to place it. Some scientists suggested that it was an early arthropod, a relative of crabs, shrimp and the like. Others placed it within the chordates, the group that includes us and all other back-boned animals. But Smith and Caron think that both of these possibilities are unlikely. Their new specimens reveal a host of features that are distinctly cephalopod-like.

    Nectocaris_fossil

    Around four centimetres in length, Nectocaris had a soft, flattened, kite-shaped body with two fins running down its sides. Its small head was adorned with two long tentacles and two stalked eyes. Unlike the compound eyes that were common among Cambrian animals, probably had the camera-like structure that modern cephalopods use. From its neck protruded a flexible funnel, which opened into an internal cavity containing pairs of gills.

    The funnel lay behind some of the earlier confusion about Nectocaris. In the original specimen, it was flattened so that it looked like a shield-like plate behind the eyes, reminscent of a crustacean’s body armour. The new specimens put paid to that interpretation. The structure is clearly a funnel, similar to those used by modern cephalopods. Nectocaris probably used it to swim the same way, giving it an extra boost of jet propulsion to complement the beating of its large fins.

    It was either a predator or a scavenger, grabbing small, soft-bodied animals with its long tentacles. And it probably spent most of its time close to the seabed; some specimens had sediment-filled gill chambers, suggesting that they were caught by a sudden fatal mudslide. The sediment helped to preserve their bodies with such quality that 500 million years later, their position in the animal tree of life has suddenly become clearer.

    Nectocaris’s new status pushes back the rise of the cephalopods by 30 million years, telling us that this popular group arose far earlier in earth’s history than previously thought. Smith and Caron think that two other Burgess Shale oddities – Vetustovermis and Petalilium were also members of the same family.

    The revised family tree also repaints our picture of the group’s origins. Until now, scientists had thought that the group’s first representatives – the nautiloids – evolved from a group of creeping snail-like creatures called monoplacophorans, whose backs were covered with cap-like shells. These casings were gradually modified so that the animals could float. The living nautiluses and the extinct (but frequently fossilised) ammonites belong to the same shell-bearing group.

    But Nectocaris had no shell despite being the earliest known cephalopod and an active swimmer. If Smith and Caron’s interpretation is right, the cephalopods didn’t inherit hard coverings from a monoplacophoran ancestor. These shells were a later innovation all their own.

    There are a few parts to the puzzle that haven’t been fitted yet. For example, did the cephalopods start off with two tentacles as in Nectocaris only to evolve more over time, or were Nectocaris’s arms formed by fusing multiple pairs? Also, all modern cephalopods have a sharp, horny beak and a nightmarish, rasping tongue called the radula; it’s unclear if Nectocaris shared these features, for its mouthparts have never been well preserved.

    The radula is a particularly big deal – it’s a uniting feature of all molluscs (the group that includes cephalopods, monoplacophorans, snails and others), including some that are supposedly more primitive than Nectocaris. Finding a radula would be the clincher for Smith and Caron’s argument; failing to do so puts their analysis in a tricky position.

    Reference: Nature http://dx.doi.org/10.1038/nature09068

    Images: reconstruction by Marianne Collins; fossil photo by Jean-Bernard Caron

    More on cephalopods:

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  • TCA Names Quick Pitch Winners

    Bruce V. Bigelow wrote:

    Lucine Biotechnology founder Chandler Marrs won the “Best Overall” and “People’s Choice” awards at last night’s Tech Coast Angels’ Quick Pitch event in Irvine, CA. Most of the 12 finalists making 90-second presentations were entrepreneurs from Orange County and nearby communities. Lucine is developing low-cost salivary tests for horomone-related Obstetrics-Gynecology conditions. FlexCell Systems, a startup supplying electro-deposition equipment for silicon wafers, won “Best Presentation,” and Lillium Industries was named “Best Funding Opportunity” for its FDA-approved alternatives for improving lifespan.












  • How BP Will Stop the Oil Eruption: The Top-Kill Method [Oil Spill]

    BP will attempt to shut down the oil well that’s been spewing into the Gulf of Mexico later today. Step one: the “top-kill” method, wherein heavy drilling mud is forced deep into the well. Let’s pray it works. Video explanation: More »










    Oil SpillBPGulf of MexicoEnvironmentBusiness

  • Knowledge economy makes Massachusetts a Mecca for IP lawyers with science degrees

    With the Massachusetts economy based on knowledge, the state has become home to some of the nation’s largest IP law firms, supported by growing numbers of technology specialists and attorneys with advanced degrees in science. The ability to practice business law successfully in Massachusetts now often relies on an attorney’s knowledge of molecular science, physics, or biology, which explains the past decade’s trend of students with advanced degrees in chemical engineering or molecular biology being recruited by law firms and heading to law school. “Many IP law firms like to have technologists onboard to provide real-world insights into technology,” says Dan Young, a patent agent with Boston’s Wolf Greenfield & Sacks PC, which is one of the largest IP law firms in the Northeast. “So our firm, like many others, recruits scientists directly out of grad school or industry to work on project teams as a scientific adviser. That role often enables them to evolve into a patent attorney, going to law school at night, paid for by the firm.”

    Nathan Edwards, an associate at Finnegan, Henderson, Farabow, Garrett & Dunner LLP in Cambridge — and a Harvard University graduate with a PhD in biology — says a technical background provides valuable, tangible advantages to his firm and its practice of law. “Our technologists enable our attorneys to jump into a case without the factual underpinnings of the case getting in the way,” he says. All agree that the speed of technological innovation is driving the law, as the courts struggle with issues for which there is no precedent, affected by laws decades old. “Everyone’s screaming about patent reform these days,” says Leigh Martinson, a partner at McDermott Will & Emery. “That’s a result of the law not keeping up with how fast technology is moving, so you’re hearing about patent reform in every Congressional session now. You’re seeing the courts taking matters into their own hands now, too. You’re seeing changes in how damages are calculated and what reasonable royalties are. If anything, changes in technology are driving changes in the law.”

    Source: Mass High Tech Business News

  • Review: 2010 Volkswagen GTI – It’s got its mojo workin’ again

    Filed under: , , ,

    2010 Volkswagen GTI – click above for high-res image gallery
    In 1983, Run-DMC was fresh (which meant dope), Volvo 760 Turbos weighed 3,300 pounds and the 2,200-pound Volkswagen GTI made its U.S. debut. In 2010, the Rabbit-turned-Golf entered its sixth generation and attempted to draw a clear line to the first-generation car. The historical link has been made especially clear in the 2010 Volkswagen GTI, though it’s gone through the typical changes you face when you hit your 30s. The GTI is now 1,000 pounds porkier, but it’s still as slick as a greased pig when it comes to handling.

    Inside, there’s plaid seat upholstery and higher-quality materials. Just like it was back in ’83, the underhood motivation is only available from a four-cylinder, a change from recent generations that could be stuffed with Volkswagen’s VR6. At a glance, the 2010 model promises to be more visceral than its direct predecessors, but does it come anywhere near the primal magic of the original, or is it just playing dress-up? Click through to the jump to find out.

    Photos by John Neff / Copyright (C)2010 Weblogs, Inc.

    Continue reading Review: 2010 Volkswagen GTI – It’s got its mojo workin’ again

    Review: 2010 Volkswagen GTI – It’s got its mojo workin’ again originally appeared on Autoblog on Wed, 26 May 2010 11:59:00 EST. Please see our terms for use of feeds.

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  • No Color Kindles In Near Future, Says Amazon

    Even though the company that manufactures the Kindle e-reader for Amazon has already developed color screens that still utilize the Kindle’s E Ink technology, the e-tailer’s CEO says a full-color Kindle isn’t on the immediate horizon.

    Talking to shareholders at a meeting in Seattle yesterday, Amazon CEO Jeff Bezos commented that the technology needed for a colorized Kindle is “still not ready for prime-time production” and that any plans to release their e-reader with a color screen are “still a long way out.”

    The lack of color in Kindles has been one of the main reasons some consumers have selected products like the Apple iPad, whose LCD display operates in full color.

    Color Kindle still ‘a long way out’ says Amazon CEO Jeff Bezos
    [NY Daily News]

  • Rob Glaser, RealNetworks Founder, Joins Accel Partners, Looks to Connect VC Firm with Seattle Entrepreneurs

    Rob Glaser
    Gregory T. Huang wrote:

    Rob Glaser, the founder, chairman, and former CEO of Seattle-based RealNetworks (NASDAQ: RNWK), announced yesterday that he has joined Accel Partners, the Silicon Valley-based VC firm, as a part-time venture partner. Glaser will focus on digital media, social media, and mobile service investments—and he’ll do it from the Seattle area.

    Accel invested in RealNetworks back in 1995, so the two have a longstanding relationship. In an interview with Kara Swisher of All Things Digital, Glaser gushed, “I have never seen a more entrepreneurially aligned venture firm.”

    In a more in-depth chat with Dan Primack of PE Hub, Glaser said, “My sector focus will be on social media and the social intersection of mobile with physical location and other characteristics. The second element of my focus is that I’m Seattle-based, so I hope to introduce Accel to lots of great local entrepreneurs. There are four major mobile companies here—T-Mobile is headquartered here and AT&T is about half here—and we have a great tradition of mobile entrepreneurship like McCaw and others. Plus Microsoft—of which I’m an alum—Real, and Amazon.” (Check out the interview for tidbits on Glaser’s departure from Real, VC pitfalls, and political aspirations.)

    In any case, hiring Glaser seems like a shrewd move by a venture firm that, like all its competitors, needs to bolster its entrepreneurial talent, connections, and horsepower in a very challenging time for VC returns. If there’s anyone who might have a unique take on the opportunities at the intersection of mobile technology, physical location, and social media, it’s Glaser.

    Prior to RealNetworks, Glaser was a 10-year Microsoft veteran and, before that, the founder of Ivy Research, a maker of games for IBM personal computers (in 1981, while he was an undergrad at Yale University). Glaser has also been an early-stage angel investor in companies including TellMe, PlanetOut, and SmileBox.







  • Djou Faces Hawaiian Electorate That’s More Pro-Democrat Than Pro-Incumbent

    Even before Rep. Charles Djou (R-Hawaii) was sworn in Tuesday, less than a week after his special election victory against a pair of feuding Democrats, pundits were already debating whether he would be able to win a full term in November. One thing some believe will work in his favor is his incumbency — and conventional wisdom states that Hawaii is one of the most pro-incumbent states in the nation. But at least one political expert says what appears to be state voters’ pro-incumbency attitude is actually just a case of being pro-Democrat.

    “Generally I don’t think it’s any different than the rest of the country, which votes incumbents in most of time,” said Neal Milner, a political science professor at the University of Hawaii. “I think what’s important about Hawaii is not incumbency, it’s how strong it is for the Democrats.”

    Djou won May 22 with only 39.4 percent of the vote, while his two Democratic opponents split a combined 58.4 percent. The district he now represents, which mainly covers the Honolulu metropolitan area, is overwhelmingly Democratic — Obama bested McCain here 70-28 percent. Before Saturday, the district had also not previously elected a Republican since 1988, when Pat Saiki won what would be her only re-election campaign. Djou has history on his side: In the more than 50 years since Hawaii became the 50th state, its voters have never voted out an incumbent member of its congressional delegation. But before his election, just two of those incumbents were Republicans: Saiki and Sen. Hiram Fong.

    While voters have soured nationally on incumbents, even in their own districts, Hawaiians have somewhat bucked the trend. In a poll released March 26, Rasmussen Reports found that 51 percent of state voters felt their local representative deserved re-election, while 28 did not. (The broader meaning of that poll, though, is dubious, since at the time of its release, Hawaii had only one representative in Congress, the popular Mazie Hirono.) They were evenly divided about incumbents nationally — 38 percent said it was better for most incumbents to be re-elected while 37 percent felt most incumbents should be defeated.

    A national Rasmussen poll released February 9 — the poll released closest to the Hawaii one — showed a far more anti-incumbent electorate. Just 38 percent of voters thought their local representative deserved re-election, while 39 percent did not. Sixty-three percent felt it was better for most incumbents to lose re-election, while 19 percent disagreed.

    The dynamics that have affected politics in the continental United States over the past year — particularly the emergence of the Tea Party movement — have not influenced Hawaii’s races to the same degree, Milner said.

    “We haven’t had the degree of outside anger and anti-incumbency pressure that you see elsewhere,” he said. “I’m still a little bit skeptical about how much that’s going to make a difference by the time November rolls around nationally, but right now Hawaii doesn’t have that same kind of dynamic.”

    That may change now, as the national parties appear poised to do battle over Djou’s seat.

    “The national parties don’t even send people out here for the pr0esidential elections,” Milner said. “It’s not worth the resources generally because they’re not close elections. So this really is different, and I think it’s going to change the nature of the campaign just since the National Republican Congressional Committee already did a lot of strategizing to affect the race between the two Democrats. This is not something that I’ve ever seen.”

    While the state remains largely Democratic, Milner said, Djou has a chance of winning a full term if he runs the right kind of race.

    “Djou’s a good campaigner,” Milner said. “I think he’s got options. None of them are particularly good, but they’re about as good as you’re going to get for a minority party there. One option is to try to mobilize the anger and get the independents to vote Republican. Another is to argue in ways that bring other left-leaning independents over to his party. The Republican base is small enough that he can’t rely on that, so he’s got to figure out other things. So one of the things is to see if he can mobilize some of that anger. But he’s not that kind of guy.”

    The Democratic primary campaign continues to be nasty as tensions persist between former Rep. Ed Case and Sen. Daniel Inouye, who strongly backed state Senate President Colleen Hanabusa’s candidacy in the special election. If the Democrats remain divided up to the Sept. 18 primary, Djou may be able to exploit their divisions again, Milner said.

    “The best thing Djou may have going for him is all the antagonism that the Democratic primary may create,” he said. “That may move independent voters, who already lean a little more to the right nationally than they did two years ago, into Djou’s camp. But he’s got a problem because of the numbers.”

  • Universities push more cleantech discoveries out of lab, into market

    Scientists researching the chemical and physical sciences related to cleantech have struggled to commercialize their discoveries. Slowly, though, change is afoot. The Massachusetts Institute of Technology (MIT), University of Michigan, Stanford University, and University of California (UC) Berkeley all have developed strong programs to help scientists start thinking earlier about the applications of their research and to ensure that their discoveries make the transition from the lab to the real world. “While a lot of the dot-com start-ups were started by students out of their dorm rooms or basements, in the cleantech world you need a lot more than a desktop and a good internet-based idea,” says Shawn Lesser, president and founder of Atlanta-based venture fund Sustainable World Capital. That’s the same conundrum VCs and other investors face when looking at cleantech. While most big-name VCs cut their teeth and made their first millions on IT investments that required little upfront capital, the majority of cleantech investments require lab space, teams of scientists, and time.

    Increasingly, private companies are stepping up to fund more cleantech research at the university level. And as private investors and venture funds demonstrate interest in university research, scientists are becoming more savvy about how their work might translate into commercialization. For example, universities have started everything from cleantech incubators and student-led cleantech venture funds (University of Michigan) to high-profile cleantech prizes (MIT) to cleantech-focused research institutes (Stanford). These institutions and others are benefiting more now than they ever have from private investment in cleantech research.

    UC Berkeley also has launched a Cleantech-to-Market (C2M) program, pairing students from the business school — as well as a handful of students from law and engineering programs — with scientists conducting cleantech-related research. The idea, at least initially, was to give business students a real-life case study to work on. But the business students also improved the scientists’ ideas. “They took my ideas, put a creative spin on them, and went in a direction I hadn’t even thought of,” says Cyrus Wadia, co-director of the C2M program, who earned a PhD in UC Berkeley’s Energy Resources Group and has been researching ways to develop photovoltaic solar cells from earth-abundant materials to make solar energy affordable and accessible worldwide.

    Source:  SolveClimate.com

  • A Q&A With Google Chrome’s UI Designer [Chrome]

    Lifehacker’s got a quick Q&A with one of Chrome OS‘s UI designers. It’s quite interesting if you want to get into their mindset about how they make a browser into an entire OS. Plus, they’re thinking about touch! [Lifehacker] More »










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  • Innova Dynamics Raises $5.5 Million Series A Financing

    Innova Dynamics, a developer of advanced materials that can be used in the cleantech industry, has raised $5.5 million as part of an inaugural financing led by Rho Ventures. MentorTech Ventures also participated in this Series A round.

    Innova, a spinout of the University of Pennsylvania, says it will use the cash to scale and commercialize its flagship Innlay technology.

    The company launched in 2007 as a developer of water purification technologies but is now looking to deploy its IP across various industries, including greentech. We’ve called Innova in Philadelphia for more details on what the Innlay technology does and its potential applications. We will post with any update.

    In a prepared statement Innova Dynamics CEO Alexander Mittal, said:

    Innova Dynamics’ initial business priority is to focus the commercialization efforts of the company’s flagship Innlay(tm) technology.