Category: News

  • Lexus invites consumers to co-star in interactive movie to launch CT 200h

    2011 Lexus CT 200h – Dark Ride

    Lexus is inviting customers to co-start in a new high-def interactive film called “Dark Ride,” which celebrates the launch of the new CT 200h. In the movie, the new hybrid hatchback from Lexus is piloted by Norman Reedus of the Boondock Saints.

    While Reedus will be behind the wheels, he will be following direction of the person riding shotgun… you.

    Click here to get prices on the 2010 Lexus HS 250h.

    “With ‘Dark Ride’ we are creating a unique virtual test drive opportunity so consumers can experience this hybrid, that is like no other, months before it is available at dealerships in early 2011,” said Dave Nordstrom, Lexus vice president of marketing. “In it, consumers play a co-starring role as the fun-to-drive Lexus CT 200h is put through its paces. By guiding the driver and the CT through a series of adventures, customers will be exposed to ‘The Darker Side of Green,’ which is completely different than the way hybrids are usually portrayed.”

    The film, which launches today at www.lexusdarkride.com today along with the trailer for the film, will appear in select movie theaters across the country.

    Check out LexusDarkRide.com for more details along with the trailer for Dark Ride after the jump.

    Refresher: Power for the Lexus CT 200h comes from a 1.8L VVT-i gasoline engine mated to a powerful electric-motor fueled by nickel-metal hydride batteries. Unlike a mild-hybrid system, the CT 200h has an EV (electric-vehicle) mode that allows it to run on only on its electric-motor for up to 1.2 miles at speeds of up to 28 mph.

    2011 Lexus CT 200h:

    2011 Lexus CT 200h:

    Press Release:

    Lexus Invites Consumers to Co-star in New ‘Dark Ride’ Interactive Film to Launch New CT 200h Hybrid

    Torrance, Calif., May 14, 2010 — “Get in, buckle up and start talking.” Lexus customers will be calling the shots in a high-definition interactive film entitled “Dark Ride.” The film features Lexus’ newest hybrid, the CT 200h premium compact car, piloted by actor Norman Reedus (Boondock Saints franchise). Reedus is behind the wheel in this 12:30 action film, but he is following the directions of the person riding shotgun…the consumer.

    The film releases online at www.lexusdarkride.com today along with the trailer for the film, which will appear in select movie theaters across the country. Visitors to the www.lexusdarkride.com site will get to insert themselves into the film, sitting beside “Tony” (Reedus), and navigating while he drives the CT 200h from the Nevada desert to a Los Angeles safehouse and protects it from a variety of enemies who wish to get their hands on the new prototype.

    Consumers will use an array of interactive features in the film—allowing them to insert their own likeness (via a Webcam or profile pic), record their own dialogue lines, control the camera movement and POV, and make decisions that alter the path of the film so new situations arise each time.

    The “Dark Ride” film is the next step in the launch of the Lexus CT 200h and demonstrates Lexus’ marketing theme, “The Darker Side of Green.” This theme, which shines a different light on this new breed of a fun-to-drive hybrid, debuted at a star-studded event prior to the CT 200h’s North American debut at the New York International Auto Show in April. This initiative will continue through the launch period with in-market custom events and a VIP marketing program that will give tech-savvy influencers access to an edited “Dark Ride” list of restaurants, clubs, bars and lifestyle brands. Brand partners include Duncan Quinn bespoke suits, VeeV Açaí Spirit, The James Hotel and Grand Hospitality for The Soho and Tribeca Grand Hotels.

    DIRECT FILM VIEWING LINK: www.lexusdarkride.com
    CAMPAIGN LINK: www.darkersideofgreen.com
    TRAILER LINK: http://www.youtube.com/watch?v=p0KhesoAZcI

    The all-new CT 200h premium compact hybrid will go on sale in the U.S. in early 2011 as the first dedicated hybrid vehicle in the premium compact segment. Expected to lead its class in fuel economy, the stylish, sporty five-door also delivers a dynamic, fun-to-drive experience. The CT is powered by a 1.8L Atkinson cycle four-cylinder gas engine with Variable Valve Timing with intelligence (VVT-i) and Lexus Hybrid Drive technology. The CT will be equipped with four drive-modes: Normal, Eco, Sport and EV.

    With its reputation for high-quality products and exemplary customer service from its 228 dealers, Lexus has been the top-selling luxury automaker in the U.S. for ten years in a row. In addition, Lexus is the luxury hybrid leader, now offering four hybrids, with a fifth on the way, that provide the best in innovative technology and first-class luxury. When Lexus was established in 1989, it offered two models of vehicles. Now, more than 20 years later, Lexus offers variations of 11 vehicles, from the entry-level IS 250 to its first V10 supercar, the LFA.

    Note: Lexus Dark Ride is viewable with Internet Explorer (Versions 6 and most optimally, 7), Google Chrome, Safari and Mozilla Firefox. Your computer must be equipped with Adobe Flash Player Version 10, found here: http://get.adobe.com/flashplayer/

    – By: Omar Rana


  • Unexpected winner crowned at Nürburgring 24 Hours [SPOILER]

    Filed under: , , , , , ,

    24 Hours of Nurburging – Click above for high-res image gallery

    The 24 Hours of Nürburgring took place this weekend with an enormous starting field of over 200 cars. The enduro features a huge array of classes, including GT2, GT3 and touring cars, with everything from Honda Civics to Aston Martin Vantages and even a Porsche 911 GT3 hybrid battling through the Green Hell through the day and night. The race is run over a combined course of the legendary Nordschliefe and the modern Grand Prix circuit for a total of 15.8 miles, and with only 36 pits available, up to eight cars must share each pit, so plenty of coordination is needed. Read on after the jump to read what happened after the green flag fell.

    Continue reading Unexpected winner crowned at Nürburgring 24 Hours [SPOILER]

    Unexpected winner crowned at Nürburgring 24 Hours [SPOILER] originally appeared on Autoblog on Mon, 17 May 2010 13:01:00 EST. Please see our terms for use of feeds.

    Permalink | Email this | Comments

  • Daniel Radcliffe Suicide Prevention PSA For The Trevor Project

    em>Harry Potter star Daniel Radcliffe is lending his famous face to a suicide prevention public service announcement for The Trevor Project. Founded in 1998, the initiative is the nation’s leading organization devoted to suicide prevention efforts among gay, lesbian, bisexual, and transgendered teens.

    “I grew up knowing a lot of gay men and it was never something that I even thought twice about — that some men were gay and some weren’t…I think it’s important for somebody from a big, commercial movie series like ‘Harry Potter’ and particularly because I am not gay or bisexual or transgendered. … The fact that I am straight makes not a difference, but it shows that straight people are incredibly interested and care a lot about this as well.”


  • Seagate confirms its working on a 3TB hard drive set for a 2010 launch


    A few weeks back a story broke about Seagate’s plan to release a 3TB 3.5mm hard drive this year. Well, apparently that’s the case although if your system happens to be running a 32-bit OS like XP, you’re going to be out of luck. This drive, and any other hard drive larger than 2.1TB, will require the a modified versions of Linux or the 64-bit version of Windows 7 or Vista. Sorry, kids. It’s time to upgrade.

    It all goes back to the days of DOS when the LBA (logical block addressing) standard was developed. The original LBA standard developed by IBM and Microsoft sets an address for each sector of the hard drive, therefore limiting the compatible size to 2.1TB. Of course that size seemed absolutely gigantic back in the 80’s, but now it’s one of the many issues Seagate had to work through in this drive’s development.

    32-bit OS’s will see the drives, but Seagate found that it might limit the available size to only 990MB.

    But there’s other issues as well. MBR’s don’t like the large hard drives either and require a GUID partition table that’s built into the just-released UEFFI system. Even RAID systems and hard drive controllers will need new drivers for the larger drive.

    Yet Seagate trudging on and still plans on releasing its first 3TB drive sometime later this year. Sure, there are issues to work through, but at least it’s clear Seagate is prepared to meet them head on.


  • YouTube’s top suggested oil spill clean up methods

    The Gulf of Mexico is a mess and it’s going to take a massive clean-up effort. One method alone isn’t going to cut it alone and YouTube is full of solutions. Soon the Gulf of Mexico might full of hair, hay, pine shavings, fungus and nuclear waste.


  • [TV Online] Onde ver o Mundial 2010 ?

    Mundial 2010

    Já falta menos de um mês para o inicio do mundial de futebol 2010 que se realiza na África do sul, para todos os aficionados por futebol este é um evento sempre aguardado com expectativa, mas por vezes devido à hora em que dão os jogos é complicado acompanhar,  pelas mais diversas razões como por exemplo os jogos darem em horas de trabalho.

    Pois bem na web existem algumas soluções para os que não podem estar à frente da televisão mas podem usar o computador, aqui ficam algumas soluções de web tv:

    Meocomando.com – Neste site podem encontrar cerca de 22 canais completamente gratuitos, se em relação a outros concorrentes o número de canais é relativamente reduzido, este site destaca-se pela exclusividade dos mesmos, disponibilizando na maioria canais em português que normalmente só estão disponíveis em pacotes pagos, como por exemplo, AXN, Disney Channel, Fox Life, Sporttv(ups…), Benfica TV, Discovery Channel, PFC, Sic noticias etc;  certamente uma boa solução para o próximo mundial.

    Tvtuga.com – É um dos sites mais utilizados conta com um vasto numero de canais, mais uma vez o site é completamente gratuito, contando ainda com uma comunidade bastante activa, é certamente mais uma boa solução.

    Extralive.tv – Como acontece com a primeira opção este é um site que conta com vários canais de pacotes pagos disponiveis gratuitamente, como, AXN, Disney Channel, Fox Life etc. dá grande destaque aos eventos desportivos, e certamente uma das melhores soluções, apesar do seu design/navegação serem algo confusos

    Myp2p.eu – Ao contrário das outras soluções este é um site em ingles que disponibiliza essencialmente links para as transmissões de eventos desportivos, tem a seu favor a cobertura de vários desportos e uma grande quantidade de opções para o mesmo evento.

    Comentem, deixem o vosso feedback relativamente a opção que gostam mais ;-)

    WebTuga[TV Online] Onde ver o Mundial 2010 ?

  • Evri Absorbs Twine, Goes Mobile for Tech News on Android Phones

    Evri
    Gregory T. Huang wrote:

    Twine.com is officially no more. As of Friday, the semantic and social news service has been discontinued, and most of its features have been folded into Evri.com, the Seattle-based semantic information discovery site. Both companies were backed by Paul Allen’s Vulcan Capital, and in February, Evri acquired Twine (Radar Networks, based in San Francisco) for an undisclosed amount.

    All along, we’ve been saying the real story is about how semantic and social search are converging, with the goal of giving consumers better ways to discover the news and information they’re looking for. The “semantic” technology involves trying to understand the meaning of search queries, and drawing connections between online entities like people, places, and products. So how are things moving forward at Evri?

    Last week, I spoke with CEO Will Hunsinger, who gave me an update on the company and its plans. He says, “We wanted to be as mindful as we possibly could about the Twine user base.” That means preserving the Twine data, including users’ bookmarks, and letting customers port their data over to Evri by downloading Web links and text commentary, he says. Twine has several hundred thousand registered users and hundreds of thousands of unique visitors per month, Hunsinger says.

    The main difference between the two sites, as Hunsinger puts it, is Twine let you bookmark topics and follow areas of interest, while Evri uses semantic technology to “search the Web for you, distill it for you, and it’s up to us to deliver” the relevant information. If you want to follow the latest news on the BP oil spill in the Gulf of Mexico, for example, you don’t have to do repeated searches for different keywords or set up new Google news alerts. The idea is that Evri understands what Web content is related to the oil spill at a deeper level, and tries to serve it up for you. “We can disambiguate who the players are,” Hunsinger says. “We know that BP is connected to Halliburton.”

    The next release of Evri’s software, in the next few weeks, will let people “follow any topic on the Web,” Hunsinger says. And the next step after that will be to “allow users to curate and personalize their experience, and create their own content channel.”

    Evri's mobile app (tech news vertical)In another interesting move, Evri has just released a technology news reader application for Android phones called Evri Thing Tech. (The company also has an iPhone app currently being reviewed.)

    The tech news channel, a free app, lets you follow developments in areas like venture capital, big corporations, and social media (see screen shot left). This is the company’s first “vertical” mobile app, but Hunsinger says, “We intend to be in dozens of verticals.”

    “We think it’s a huge opportunity for us,” Hunsinger says. He adds that the launch of Apple’s iPad and the rising consumption of Internet content and services on mobile devices is giving companies the ability to reach consumers wherever they are—while taking the train to work, say, or waiting for their flight. “It’s hard to search on a mobile device, so why not have someone pushing content to you?” he says.

    Lastly, I asked what specific feedback Paul Allen has given the Evri team lately. Hunsinger wouldn’t bite, saying only that “the entire board is excited by the push into mobile.”

    UNDERWRITERS AND PARTNERS



























  • Supreme Court strikes down life sentences for juveniles facing non-homicide charges

    Photo source or description

    [JURIST] The US Supreme Court [official website; JURIST news archive] on Monday held [opinion, PDF] in Graham v. Florida [Cornell LII backgrounder; JURIST report] that the Eighth Amendment [text] ban on cruel and unusual punishments prohibits the imprisonment of a juvenile for life without the possibility of parole as punishment for the juvenile’s commission of a non-homicide offense. The First District Court of Appeal of Florida [official website] upheld the life sentence of Terrance Graham for a non-homicide offense committed when he was 17, concluding that Graham’s sentence was not “grossly disproportionate” to his crimes. The district court interpreted Supreme Court prison sentencing precedent to prohibit a per se ban on juvenile life sentences, and ruled instead that each case must be judged on its own facts. Justice Anthony Kennedy, delivering the opinion of the court, reversed and remanded the district court opinion, holding that life sentences without parole wrongly deprive juveniles of the opportunity to become rehabilitated and rejoin society:

    Terrance Graham’s sentence guarantees he will die in prison without any meaningful opportunity to obtain release, no matter what he might do to demonstrate that the bad acts he committed as a teenager are not representative of his true character, even if he spends the next half century attempting to atone for his crimes and learn from his mistakes. The State has denied him any chance to later demonstrate that he is fit to rejoin society based solely on a non-homicide crime that he committed while he was a child in the eyes of the law. This the Eighth Amendment does not permit. … A State need not guarantee the offender eventual release, but if it imposes a sentence of life it must provide him or her with some realistic opportunity to obtain release before the end of that term.

    Justice Clarence Thomas dissented, joined by Justice Antonin Scalia and in part by Justice Samuel Alito. Alito also dissented in an opinion for himself. Justice John Paul Stevens concurred, joined by Justices Ruth Bader Ginsburg and Sonia Sotomayor, even though these three Justices also joined the Kennedy majority opinion.

    The court also handed down a per curiam decision on non-release sentences for juveniles in Sullivan v. Graham [opinion, PDF], dismissing the writ of certiorari as improvidently granted. It is uncertain whether defendant Joe Harris Sullivan, who was 13 when he committed his crime, will benefit from the ruling in the Graham case because Florida courts had turned aside Sullivan’s Eighth Amendment challenge for procedural reasons. The Florida courts will now determine whether Sullivan can make a new challenge based on the Supreme Court’s decision.

  • Ghanaian Celebs show brain power on ‘Who Wants to Be Rich’

    A special edition of the hit game show, ‘Who wants to be rich’, dubbed ‘Who Deserves to be Rich’ has started airing on television. The series, which is aimed at rewarding outstanding Ghanaians who need money to sustain their efforts towards humanity and development, started with veteran Ghanaian athlete Rose Hart who was accompanied by ace actors Fred Amugi and Grace Nortey for assistance.

    kafui dey

    Rose Hart (born January 9, 1942) is a retired track and field athlete who specialized in hurdling, sprints, and the discus throw events during her career. She represented Ghana at the 1964 Olympic Games in Tokyo, where she was a semi-finalist. She twice claimed a gold medal for her native Ghana at the All-Africa Games in 1965 and 1973. At the 1965 Brazzaville games, she won Gold, Silver and Bronze in three separate events for Ghana. She still holds the record for best discus throw in Ghana with her 47.19 meter throw. She currently operates a makeshift gym where she trains young aspiring athletes.

    Together with her celebrity friends, Madam RoseHart cruised easily through the questions till they started running into some difficulties. The first difficult question rose when Kafui Dey, the host asked which of the teams in the English Premier League is nicknamed The Gunners. Completely clueless, they agreed to ask the audience for help and with the right answer from the crowd, moved to the next level.

    They run into tougher questions as they climbed up the ladder of cash rewards. Surprisingly, the two actors couldn’t show enough knowledge in their profession when they were asked which of the followings actors were of South African origin: Djimon Hansou, Charlize Theron, or Nicole Kidman. Grace Nortey murmured in Ga that Djimon sounded African so they should go for that but they agreed to use their 50/50 lifeline. The computer removed two incorrect options leaving Charlize Theron and Nicole Kidman. “She must be a white South African”, Fred Amugi remarked. They gambled on Charlize Theron, with Grace Nortey confirming, “ I can feel it within me”.

    To add some suspense, the host called for a commercial break before revealing the right answer. When Kafui Dey intentionally mentioned Nicole Kidman as the answer before giving the right answer, Grace Nortey exclaimed, “I almost fainted”. They continued with the guessing game again when they were asked which country used hieroglyphs. Fred Amugi insisted that it was between Egypt and Greece but when it came to shove the went for Egypt to secure 6,000 GhC .

    This brought them to question 13, worth 12,000 GhC, which asked for the name of the architect that designed the Millau Viaduct. Fully aware of the fact that they didn’t know the answer and not willing to drop their earnings with a wrong answer, they decided to walk away with 6,000 GhC.

    They were followed by a young humanitarian who has guest celebrities Rama Brew and Dadson for support. They were belled out due to time and would be rolled over for next week’s edition.

  • Fujitsu T730 Tablet PC — Thin and Expensive

    Tablet PCs are the notebooks with everything. They can be great thin notebook PCs and also slate tablets when the screen is rotated around. They can do anything any other notebook can do and more. That’s why they often cost so darn much as the new Fujitsu T730 Tablet PC proves once again. This Tablet is as small as can be and still have a 12-inch screen. It looks like a solid entry for Fujitsu, a long-time maker of nice convertible notebooks. It’s too bad the starting price is $1,869, and that doesn’t get you the touch screen option.

    The T730 has an optical drive option which is rare on such a thin convertible. Fujitsu has kept the case as small as possible for a notebook with a 12-inch display and full keyboard. The starting configuration includes an outdoor viewable screen and a DVD burner, so that high price is not for nothing. Fujitsu claims a dual digitizer with multitouch option is available but doesn’t seem to make that an selectable option on its web site.

    Related research on GigaOM Pro (sub. req’d): How Microsoft Can Win Back the Tablet Market

  • Ghanaian fashion designers brace themselves for Africa Fashion Week

    Representatives from Africa Fashion International (AFI), organizers of the Africa Fashion Week (AFW) have briefed Ghanaian fashion designers on the annual showcase of African fashion and designing talents. In the one day forum held at the Oak Plaza Hotel in Accra, was to introduce the fashion week to Ghanaian designers and outline the requirements for partaking in the various activities during the event.

    a creation by Christie Brown

    a creation by Christie Brown

    Lorato Liphuko, the Fashion Liaison Officer for African Fashion International, took the designers through the process of producing clothes that would qualify for next year’s fashion week, highlighting the need to stay trendy and relevant on the global market. She told the designers to focus on ‘ready-wear’ designs because that is more saleable.

    Ghanaian designers Christie Brown and Qumi Bespoke will be representing Ghana at Africa Fashion Week this year. They will join some of the world’s leading African Fashion designers from across the continent and Diaspora to showcase the finest contemporary African design at the second annual Africa Fashion Week in Johannesburg. The exquisite collections of 33 designers will feature in 19 runway shows from 30 June – 3 July, before an influential audience of international buyers, media, World Cup guests, VIPs and celebrities.

    The significance of this fashion summit is critical for African Fashion International (AFI) chairperson Dr Precious Moloi-Motsepe “Africa Fashion Week (AFW) is potentially the most important platform for the African fashion industry, being perfectly positioned to promote African designers globally.”

    It is rare, in fact completely unique, to have all the leading voices in African Fashion in one place, at one time, in one country. Those voices will give expression to Africa’s fashion future at a two-day seminar that runs alongside the runway shows; and that will examine ways of strengthening the burgeoning African Fashion industry, debating an African aesthetic and building a global network.

    Qumi Bespoke

    Qumi Bespoke

    For the designers, their collections will not just be confined to the catwalk; they will be available for purchase on-site, along with ready-to-wear garments, at the first ever AFI Fashion boutique which will be open for the month of June.

    On the eve of Africa Fashion Week itself, the AFI boutique will launch online as a permanent shop specializing in African fashion from across the globe, with collections available immediately after their catwalk showing.

    And when the talking and viewing is done, acknowledgment will be given to the leading lights of the industry at the second AFI African Fashion Awards on 5 July 2010. Highlighting industry excellence and outstanding contributions by fashion industry members of African descent world-wide, the awards are a platform that will help take African fashion across the continent and to the world.

  • Best Buy Sells Used, Broken Xbox, Won’t Exchange Or Refund

    Reader Colin has run into something we’ve seen many times before. Best Buy sold him what we call a “Box of Crap,” in this case, an XBox that someone else had swapped out with their modded, broken one. Best Buy’s policy is to refuse a return if the serial number on the Xbox doesn’t match the one on the receipt, so unless you actually open the box and check out the item before you leave the store — get ready for a battle.

    We wish Colin had read this post before he stopped at Best Buy, but oh well. Here’s the EECB he sent to Best Buy:

    Dear Best Buy Executives,

    I would like to start by thanking you for taking the time to read my email and for helping me resolve my situation. I do not take writing you lightly as I am sure you have many other important responsibilities. I have tried to resolve my issue through normal Best Buy customer service channels and have been unable to obtain the resolution that I seek. Being unable to resolve the situation normally, I have no other option than to ask for your help personally.

    I purchased an Xbox 360 from the Best Buy store in Chicago on Wednesday, April 28th. Upon returning home and plugging in the unit, I was surprised to find a disc already in the drive. It was horribly scratched. I attempted to play other discs on the unit with no success. Deciding that the unit was faulty, I went to return the unit the next day.

    When I entered the store, I went to the customer service desk and left the box with my non-functioning unit at the counter with the Customer Service agent as they told me to go get a new unit off the shelf. When I returned, the CSR was opening the box and said that the unit I was returning did not have a serial number and that they couldn’t exchange it. I asked to speak with the manager and was referred to a man I assume was the manager of the CSR area and he told me the same thing.

    I returned to the store this morning and asked to speak with the store manager. I ended up speaking with a gentleman named [redacted]. and told him the whole story. He again repeated the policy that he couldn’t help me because there was no serial number on the unit I was attempting to exchange. I explained to him that I did not remove the serial number and had no idea how it was removed. He had employees review security tapes to see if it had been tampered with while I was away getting the new unit, but he informed me that they saw nothing.

    Since he was unable to help me, I returned home and called the 1-888-BestBuy number and was connected with a CSR agent by the name of [redacted], whose Agent ID is [redacted]. He looked up my case as I had called Thursday night as well and then I told him my story. He contacted the GM of the store who related my conversation with [redacted] to him and informed me he could not override their decision. [The CSR] then connected me with [another CSR] who assured me that it was impossible that I found a disc in the unit upon purchase and that he could not help me because of the lack of serial number.

    I did some research and found a second serial number under the dashboard of the Xbox 360 unit. The serial # does not match that of the serial recorded at the POS. Also, the tamper-sticker on the unit is torn. It seems that this unit was opened and returned before being sold as new on the shelf. I returned to the store and showed this serial number to [the employee at the store] and he said he would look through the receipts and get back to me but since the serial # did not match that of the unit at POS, he couldn’t help me unless the second serial number appeared in his store receipts. At this point several weeks have gone by and I have had no contact from [the employee]. even though I have left several messages for him.

    So that is why I am here writing you. At this point, I have a non-functioning Xbox that I paid $270 for, including the extended warranty. I do not know what happened to the serial number. I did not remove it. I am not trying to do a bait and switch, I am an honest person. I can appreciate the serial number policy in terms of reducing fraud, but I have been burned by buying a product that was obviously used and now I’m out of the purchase price and unable to exchange this item through no fault of my own.

    I ask that you please look into my situation and fix this problem. I am only asking that I receive value for the money I have already paid. I would gladly accept a functioning Xbox 360 or a full refund for my purchase.

    Again, I thank you for taking the time to read my letter and address the issue I have written about. If you have any questions please do not hesitate to contact me at xxx-xxx-xxxx or at this e-mail address.

    Colin, we hope you didn’t pay cash for the Box of Crap. We’ve found that readers who have had this problem with Best Buy have the best result when they call their credit card company or bank and report it as fraud. You can also file a police report, report Best Buy to your attorney general, or consider filing a small claims lawsuit.

    Take photos of the item and document everything. For more detailed advice, check out this post.

    For the rest of you, open everything you buy at Best Buy while still inside the store.

  • Video: Palm WebOS, meet laptop

    Now, it’s not the mystical HP webOS tablet we’ve all been dying for for what feels like forever (read: two weeks), but it’s a step in the right direction.

    PreCentral forumgoer cdowers managed to hack webOS onto an old Dell laptop they had laying around — and surprisingly, this “hack” didn’t really require all that much hacking.

    Palm’s SDK works by installing a copy of webOS onto a virtual machine (which is exactly what it sounds like: a software computer that, for most purposes, thinks it’s a real computer). Cdowers took that same copy of webOS and instead installed it on an actual machine — and sure enough, it booted.

    Now, before you get too excited, know this: this could very well be just about as far as this project goes. There are a handful of hurdles (the lack of touchscreen/gesture area/accelerometer, to name a few) that must be overcome before this comes anywhere close to a usable state — and even once it does, it’ll only play friendly with whatever laptop models the hacker community take the time to support.

    Still, it’s fun to look at, isn’t it?




  • China’s Back To Financing America’s Debt And It’s Already Been A Great Trade

    Geithner China

    For a few months it seemed as if China’s willingness to keep financing U.S. debt was waning.

    Markets worried that U.S. borrowing costs would spike if America’s number one creditor stopped playing ball. Remember talk about China potentially diversifying its reserves into the euro?

    Obviously the euro-as-reserve-currency meme has been dying over the last few weeks, but it’s time to stick a fork in it. There’s only one primary contender left, and China’s coming back to it:

    WSJ:

    China became a net buyer of Treasurys for the first time since last September, with its holdings increasing $17.7 billion to $895.2 billion, following net sales of $11.5 billion in February, according to the monthly Treasury International Capital report, known as TIC.

    A Treasury sell off by China at the end of last year caused concern at first that the largest creditor nation to the U.S. was shifting out of U.S. assets. But major upward revisions to the December data in late February showed that China hadn’t actually lost its position as top Treasury holder to Japan, as initially thought.

    Looks like they made a decent trade so far, on their new March money. March was right before Treasuries rallied, sending yields down from 4% to 3.44% now.

    Chart

    Why treasuries might still be a good deal even at 3.44% >

    10 Reasons Fixed Income Is The Place To Be >

    Join the conversation about this story »

  • Going For Gold

    You don’t have to look far to find someone on TV talking about how gold is a great investment. It seems like at least once a week, CNBC has someone on-air that says gold is going to hit $1,500 or $2,000 an ounce (currently, it’s around $1,240). So how do you know if gold is a good investment? By figuring out whether or not other people believe it is.

    Why They Love It

    For starters, gold is a commodity, so it isn’t a traditional investment. A prudent long-term investor buys a stock or bond with the intention that it will provide dividends or coupon payments that would provide a nice return. Investing in gold is purely speculative: you only make money if its price goes up — it pays no dividends or interest.

    And that price will only increase insofar as investors buy more of it, because they believe their other options will do comparably poorly. One driver for gold investing is inflation. Since currency values decline when deep inflation grips a nation, gold might seem like a good place to put your money, since its value can’t be debased.

    But that doesn’t mean gold is the only option here. Platinum should also retain its value fairly well. So should most other commodities that are little affected by other economic shocks. What makes gold so attractive? The fact that it’s the first thing people think about investing in when inflation is feared. It’s popular, so its price may increase even more than other commodities.

    Even stocks can be a good investment as a hedge on inflation. Companies that produce goods and services will raise their prices if inflation becomes a problem. As a result, their stock’s nominal values will also increase as their nominal — not real — revenues climb with the price level. Your return on those stocks will include an inflation adjustment. The only thing that would make stocks a bad investment during this time is stagflation: when that inflation is accompanied by a recession. Under that circumstance gold is a better investment, since its value likely won’t decline as much as stocks or currency.

    Is Now the Time?

    If you follow the markets, then you know gold has been doing quite well over the past several years. Here’s a chart from goldprice.org:

    gold_5_year_o_usd 2010-05.png

    As you can see, gold has increased by almost 200% in just five years. That averages out to 40% per year. This sort of return isn’t sustainable, unless inflation has gotten completely out of control. It hasn’t, as it’s been only a few percent per year over this time period. But gold’s continued rise shows that many investors are still scared of currency and other investment options.

    But its future success depends on this mindset growing even stronger. Will investors continue to prefer gold forever? It’s hard to see how. As the recovery takes hold, businesses will begin growing again, and investors won’t be as scared of stocks. For gold to keep rising, you would need even more investors to flock to gold and sell off their current portfolio of stocks, bonds, currencies, or other commodities. Surely, there’s some limit to how many investors can move their money to gold. Nothing can sustain 40% annual returns for too long.

    (Nav Image Credit: tao_zhyn/flickr)





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  • Verizon unable to keep up with Incredible demand, shortage of parts to blame

    If you didn’t pre-order the HTC DROID Incredible, and you’re not one of the lucky who managed to purchase the phone the day it came out, chances are you can’t get one now, nor will you be able to until some time around June 4th.  Verizon sold 100,000 DROID Incredibles just two days into the launch of the device and it has been difficult to get a hold of one ever since.

    You would think this is something that would have been anticipated and better planned for considering sales of the Motorola DROID as well as the success of the Incredible’s sibling the HTC HD2.  However, it appears that the problem lies within a shortage of parts for the device which has delayed production, thereby delaying delivery of the devices to stores.  According to MSNBC, Lowell McAdam, CEO of Verizon, said that “Verizon is unable to keep up with strong demand for the Droid Incredible smartphone from HTC, due in part to component shortages such as the advanced screens made by Samsung Electronics.”

    Until the shortage issue can be worked out, it looks like VZW will be focusing on online sales, presumably due to the further reach of the internet.  So, if you really want a DROID Incredible (and if you do, I can’t blame you) you should probably get to ordering one soon to secure your spot in line and make sure you don’t have to wait until the next shipment.  Considering that you’ll likely receive it on the 4th of June, however, I’ve heard you can get another CDMA HTC device on another network that very same day.  Perhaps you should consider that?

    If you had to choose between the EVO 4G and the DROID Incredible, knowing you could have either one on the same day, which would you choose?  Let us know in the comments below!

    Via BGR, MSNBC

     


  • Katy Perry MTV Movie Awards 2010 Performance [“California Gurls” LIVE]

    Katy Perry will perform at the annual MTV Movie Awards next month.

    The quirky brunette is set to perform her summer anthem “California Gurls” live for the first time during the ceremony on June 6, the network announced Monday. The track is the first single from Katy’s forthcoming album Teenage Dream — the follow-up to her 2007 smash One of the Boys, which is set for release on August 24.

    “I’m proud to represent the West Coast at the MTV Movie Awards in the magical glow of the Hollywood sign with my new single ‘California Gurls.’ I hope it will be the theme song to a lot of summer loving, I know it will in my house!” Katy says.

    The 2010 MTV Movie Awards — hosted by Parks & Recreation star Aziz Ansari — will broadcast LIVE from the Gibson Amphitheater in Universal City, California on Sunday, June 6 @ 9 PM/ET, 8PM/Central.


  • Young talents showcased at WAPI ‘I Rep Africa’ Festival

    The headlining act for the WAPI ‘I Rep Africa’ festival, R2bees lived up to the billing when they thrilled a pack of fun-loving youths at the Coconut Groove Regency Hotel on Saturday, May 8. The rap group which flew back into the country from Nigeria, where they are currently promoting their hit song, ‘Kiss Your Hand’ featuring Wande Coal, climaxed the event which was filled with exciting new and promising talents.

    100_4376

    WAPI is a British Council event for Ghana’s established stars to come together with the stars of tomorrow, to have fun and network. It was an opportunity for young, upcoming creatives and artists to network with the experts in the field. The finale event saw musical performances from upcoming rappers and singers interspersed with some performances from the more established acts such as Keche, Stay J and Dr Cryme. There was an exhibition of some amazing artworks and a funky fashion show with young designers such as Nana Asihene and Bubu. View pictures

    In a bid to arm young creatives with the opportunity to gain invaluable knowledge from those who have made it in the creative fields of broadcasting, journalism, acting and advertising, the British Council also added an expert discussion panel to the WAPI festival. The panelists included: online entertainment journalist and publicist, Ameyaw Debrah; Ms Naa, YFM DJ and host of the Ryse and Shyne breakfast show; Jason Nartey, Creative Director at MMRS Ogilvy; and Kwaku Boateng, actor and Founder and Artistic Director of The K. Boateng Academy of Performing Arts in Ghana. Kwaku Boateng also held a workshop on acting for inspiring young actors.

    Although WAPI, ‘I Rep Africa’ was billed to be the last in the Words and Pictures series, unconfirmed reports suggest that the British Council might continue the series in Ghana.

  • 3 Ways The Eurozone Could Derail The US Recovery

    miss europe

    This week it is more of the same: great news from the U.S. economy but a flagging stock market as Europe continues to struggle and the euro erodes.

    Views on the Dollar Change on a Dime
    Just a few months ago the popular press was filled with articles about how to hedge one’s exposure to the U.S. dollar. I have long believed that higher productivity, more favorable demographics, and greater labor flexibility would make for a stronger dollar in the years ahead. However, I had no idea that the cracks in the European system would be exposed this quickly and that the dollar would rebound this strongly.

    European Leaders Fail to Find a Common Voice
    The euro has now fallen from a high of EUR 1.6 per $1 to EUR 1.24 per $1–which is where it was way back in 2008. Despite excitement over the European bailout plan earlier in the week, enthusiasm quickly faded as individual countries fretted about implementing austerity plans and politicians began to more openly worry about the euro’s demise. There was even a rumor (later denied) that French president Sarkozy threatened to take France off the euro. It certainly didn’t help that the chief executive of Deutsche Bank (DB) publicly questioned Greece’s ability to repay its debts in a televised comment.

    Eurozone politicians are in many ways sabotaging themselves with the lack of a common story line and a single voice–a benefit that was certainly instrumental in helping the Federal Reserve bring the U.S. out of its mess.

    The Biggest Problem with a Weak Europe: the U.S. Banking System
    An indirect risk to the U.S. economy from the European debacle is related to the various European banks that hold a lot of government (sovereign) debt. These banks do business with U.S. banks and are counterparties in many transactions. If banks start distrusting each other again, that could cause additional problems in the U.S. banking system. This time around, however, the U.S. banking system is better capitalized than before the subprime fiasco in this country.

    European Exports Represent Just 2%-3% of U.S. GDP
    The direct effects of a weaker Europe on the U.S. are less clear. Total U.S. exports account for only 12% of total U.S. gross domestic products, making us one of the most self-contained countries among developed nations (in contrast, Germany derives almost 40% of its GDP from exports).

    Breaking that down even further, the eurozone constituted just 20% or so of U.S. exports in 2009. So even if U.S. sales to the eurozone immediately and permanently dropped to zero, the effect on the U.S. GDP would be just over 2%.

    As bad as things may get, I don’t think we are going to reach zero sales to Europe anytime soon.

    Europe Will Be More Competitive, Companies With Large European Exposures Will Be Hurt
    Unfortunately, a softening euro will create other problems. A weaker euro will make some European products more competitive in other world markets, although sky-high productivity in the U.S. will erode some of that advantage. Individual companies with large European exposures, such as consumer goods companies, could also see their profits cut short as sales in euros translate back to fewer dollars of U.S. profits. The dollar tailwind of late 2009 is in the process of turning into a headwind.

    For a bigger picture of the European crisis and the recent bailout, this article from the Wharton School of Business provides an interesting European perspective.

    Don’t miss: 10 Reasons NOT To Make A Contrarian Bet On Europe

    Join the conversation about this story »

  • Is Gold Fever The Next Bacon Bubble?

    Gold prices may be setting new highs almost daily, but to commodity traders, the shiny metal is just another line on a graph. And it’s a line that’s starting to look very familiar to some traders, who see a pattern similar to one that played out recently with hogs. Prices for pigs flew to new highs, and then started drifting back into the mud.

    Seeking Alpha sees patterns in the cornfields:

    Gold’s new nominal highs against the greenback made headlines this week, but nobody (well, nobody outside the Ag community, anyway) devoted banner space to previously skyrocketing hog prices. This spring, livestock gained ground and rose to new highs for the decade while gold dithered in a consolidation phase.

    The commodities’ roles are now reversed. After a 31% run-up since the top of the year, lean hog prices have reached a plateau around their 10-day moving averages, and now seem ready to work the lower half of their volatility bands. Most troubling for longer-term investors is a tightening price range, often indicative of a pending breakout. . Then there’s that March price gap — increasingly appearing to signal exhaustion — between 74.12 cents and 77.80 cents. The gap is becoming a tempting target for bears.

    What does all this mean if you’re not a commodities trader? Pretty much just that you shouldn’t put all of your eggs in one basket. Or don’t buy a pig in a poke. Or whatever. Just diversify.

    Gold’s Links to Hogs and Corn [Seeking Alpha]