Category: News

  • Porsche recalls Panamera sedan, fears losing reputation for quality

    2010 Porsche Panamera

    Porsche has recalled every Panamera sedan it built only months after the model went on sale, in what is being called a “severe dent” on the company’s sterling reputation for quality. The recall consists of 11,300 Panameras being recalled to fix possible faulty seatbelt tensioners.

    Porsche, which has repeatedly received top marks from J.D. Power for its industry-leading quality, may have some German executives a little angry on the news of the recall.

    Porsche SE controls 51 percent of Porsche AG, with the remainder held by Volkswagen AG. The news could get Volkswagen to take action.

    Martin Winterkorn, who is CEO of both Volkswagen and Porsche SE has repeatedly said that the better a brand performs, the more autonomy it gains within the overall group.

    Click here for more news on the Porsche Panamera.

    Refresher: The $89,800 Porsche Panamera S is powered by a 400-hp V8 allowing for a 0-60 mph time of 5.2 seconds with a top speed of 175 mph. The $93,800 Panamera 4S is powered by the same 400-hp V8. The $132,600 Porsche Panamera Turbo is powered by a turbocharged V8 making 500-hp allowing for a 0-60 mph time of 4.0 seconds with a top speed of 188 mph. The Porsche Panamera V6 and Porsche Panamera 4 are powered by a 3.6L V6 engine making 300-hp and a peak torque of 295 lb-ft.  Prices start at $74,400 for the base V6 Panamera and $78,900 for the V6 Panamera 4.

    2010 Porsche Panamera:

    – By: Omar Rana

    Source: Reuters


  • RIM shows off BlackBerry OS 6 in ‘sneak peek’ video

    RIM this morning announced BlackBerry OS 6, which will be shipping in the next quarter.  Featuring a slightly revamped design, OS 6 is intended to address various user complaints and offer a few new features to boot.  I’m sure we’ll hear more about OS 6 in the coming days, but in the meantime, check out RIM’s pre-release video below!

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  • Google Acqu-hires Game Maker LabPixies

    Hardly a week goes by now without Google buying another company, as it continues an acquisition spree first described by CEO Eric Schmidt last fall, when he said the company would likely buy one small company a month. This week’s winner is an Israeli startup called Labpixies, which develops casual games for both the web and mobile devices. The company’s games — which include Flood-It and Round ‘Em Up — are among the most popular on iGoogle, the start-page service that the search giant created back when Netvibes was all the rage. Google said in a blog post that it acquired Labpixies outright because “we decided we could do more if we were part of the same team.”

    Google’s last acqu-hire was a London-based company called Plink, a visual-search startup it bought to add more horsepower to its Google Goggles mobile visual search project. The search company has also bought several startups that were founded by former Google employees, including Aardvark, AppJet and ReMail.

    In addition to games, Labpixies has also developed a number of the more popular apps and widgets for iGoogle — including the New York Times crossword widget, a horoscope app, a Travelocity widget and a YouTube app. According to Google’s blog post, the company was the first developer to create an independent widget for the iGoogle service. Many of the company’s games and widgets are also available for the iPhone and Android.

    Could the Labpixies acquisition be a sign that Google is interested in moving further into the casual-gaming market, which has been a huge success for Facebook and Zynga with “social games” such as Mafia Wars and Farmville? The search company recently named game veteran Mark DeLoura its “game developer advocate,” a new position designed to reach out to the gaming industry, which seems to be a sign that it wants to expand in that market.

    Related content from GigaOM Pro (sub req’d): How the Next Zynga Could Reinvent Social Gaming

  • Hypnotizing chickens, Afghan insurgents, and spaghetti

    The NYT is about 4 months behind the times picking up on a spaghetti diagram of Afghanistan situation, which it uses to lead off a critique of Powerpoint use in the military. The reporter is evidently cheesed off at being treated like a chicken:

    Senior officers say the program does come in handy when the goal is not imparting information, as in briefings for reporters.

    The news media sessions often last 25 minutes, with 5 minutes left at the end for questions from anyone still awake. Those types of PowerPoint presentations, Dr. Hammes said, are known as “hypnotizing chickens.”

    Afghanistan Stability: COIN (Counterinsurgency) Model
    The Times reporter seems unaware of the irony of her own article. Early on, she quotes a general, “Some problems in the world are not bullet-izable.” But isn’t the spaghetti diagram an explicit attempt to get away from bullets, and present a rich, holistic picture of a complicated problem? The underlying point – that presentations are frequently awful and waste time – is well taken, but hardly news. If there’s a problem here, it’s not the fault of Powerpoint, and we’d do well to identify the real issue.

    For those unfamiliar with the lingo, the spaghetti is actually a Causal Loop Diagram (CLD), a type of influence diagram. It’s actually a hybrid, because the Popular Support sector also has a stock-flow chain. Between practitioners, a good CLD can be an incredibly efficient communication device – much more so than the “five-pager” cited in the article. CLDs occupy a niche between formal mathematical models and informal communication (prose or ppt bullets). They’re extremely useful for brainstorming (which is what seems to have been going on here) and for communicating selected feedback insights from a formal model. They also tend to leave a lot to the imagination – if you try to implement a CLD in equations, you’ll discover many unstated assumptions and inconsistencies along the way. Still, the CLD is likely to be far more revealing of the tangle of assumptions that lie in someone’s head than a text document or conversation.

    Evidently the Times has no prescription for improvement, but here’s mine:

    • If the presenters were serious about communicating with this diagram, they should have spent time introducing the CLD lingo and walking through the relationships. That could take a long time, i.e. a whole presentation could be devoted to the one slide. Also, the diagram should have been built up in digestible chunks, without overlapping links, and key feedback loops that lead to success or disaster should be identified.
    • If the audience were serious about understanding what’s going on, they shouldn’t shut off their brains and snicker when unconventional presentations appear. If reporters stick their fingers in their ears and mumble “not listening … not listening … not listening …” at the first sign of complexity, it’s no wonder DoD treats them like chickens.
  • Fixed price offer will slash Joint Strike Fighter costs

    The GE Rolls-Royce Fighter Engine Team today announced that they’ve offered the Pentagon a fixed price contract on their F136 engines for the Joint Strike Fighter. The unique approach would shift significant cost risks away from taxpayers and back onto the engine makers — and it would accelerate engine competition and help dramatically change the procurement process for defense. The offer is designed to reflect the spirit and intent of the Weapon Systems Acquisition Reform Act of 2009, which was signed into law to mandate competition on major defense programs and to drive fixed-price contracts. The proposal is in contrast to Pratt & Whitney’s competing engine for the F135 Joint Strike Fighter, which is funded by what’s known as a “cost plus contract” in which a manufacturer is paid for its total costs of doing the work, even if overruns result.


    A win for defense reform: The F-35 Joint Strike Fighter program creates the perfect opportunity for spending reform as potential production for the U.S. Air Force, Navy, Marines and international customers can reach 5,000 to 6,000 aircraft over 30 years. Without competing engines for the fighter, a $100 billion monopoly will be handed to a single supplier.

    The offer could change the Government’s acquisition model for procuring approximately 150 F136 engines in the early years of the fighter program, allowing the Government to know immediately its costs over this period. Also, the approach is intended to drive lower pricing between the two competing engine suppliers. The offer applies to engines purchased in 2012, followed by further price reductions for engines procured in each 2013 and 2014. “We can create a competitive environment that will save the government $1 billion over the next five years, and $20 billion over the life of the JSF program,” said David Joyce, president and CEO of GE Aviation.


    Flight test is next: With more than 70 percent of its development complete, the GE/Rolls-Royce F136 engine program is poised for flight-testing next year. The F-35 is designed to replace the AV-8B Harrier, A-10, F-16, F/A-18 Hornet and the United Kingdom’s Harrier GR.7 and Sea Harrier, all of which are currently powered by GE or Rolls-Royce. F136 engine development is being led at GE Aviation in Evendale, Ohio — a Cincinnati suburb — and at Rolls-Royce in Indianapolis, Indiana.

    Pratt & Whitney’s F135 development is estimated to grow 50 percent beyond its original contract, from $4.8 billion to $7.3 billion, according to a recent report from the Government Accountability Office (GAO), which noted that “F135 engine development cost increases primarily resulted from higher costs for labor and materials, supplier problems, and the rework needed to correct deficiencies with an engine blade during re-design.”

    With this offer, GE and Rolls-Royce assume the risk of meeting or beating price targets for early production engines while creating a competitive behavior to drive lower costs as the learning curve phase of production must be achieved earlier. Recently, the GAO anticipated a 20 percent benefit from a JSF engine competition, using the hugely successful competition on the F-16 engine as a comparison. There are also vast benefits beyond sheer cost of the $100 billion engine program related to operational readiness and contractor responsiveness.

    * Read today’s announcement
    * Learn more about the arguments in favor of engine competition on the JSF
    * Learn details about how the JSF engine is made
    * Read “GE & the Joint Strike Fighter: Let the best engine win,” on GE Reports
    * Read “Gen. Hough: JSF engine competition ‘never happened’” on GE Reports
    * Read “House backs Joint Strike Fighter engine competition” on GE Reports
    * Read an acquisition reform timeline
    * Read a fact-sheet on the case for engine competition
    * Read the GAO’s May 2009 report on the JSF
    * Use our online tools to tell your senator your views about the F136
    * Read Lt. Gen. Hough’s full post on aviationweek.com
    * Read Desert Storm air commander Gen. Chuck Horner’s opinion piece
    * Read the JSF recommendations made by the Heritage Foundation

  • Rumours of a 3D Motorola Handset Rise From Below

    3D is coming. FOR YOU!3D is pretty hot right now. There’s the movies, the TVs, the games, the handhelds, and, well, why not the mobile phones?

    Photos of a rumoured 3D phone by Motorola surfaced today, and while the screen on the device looks 2D on my monitor, there is reason to believe that the screen is, in fact, a 3D thingo.

    At first glance, the flip-up screen on the device seems nothing more than a silly screen protector, but a recent patent application from Motorola for a 3D screen that relies on a secondary overlay gives a much more interesting purpose to this unusual form factor.

    With devices like this hitting the market, I guess this is just a taste of things to come: 3D-mania will certainly be hanging around for some time, it seems.

    For more photos of, and info on, this mystery device, head on over to Android and Me.


  • Deepwater Horizon oil spill: Underwater robots trying to seal well

    The Guardian has a look at BP’s disaster drilling in the Gulf Of Mexico, with the rig sunk, 11 people dead and the well leaking oil into the waters and looking rather difficult to stop anytime soon – Deepwater Horizon oil spill: Underwater robots trying to seal well. More at the Wall Street Journal and Houston Chronicle.

    Underwater robots dived to the ocean floor yesterday in a new effort to staunch the 42,000 gallons of oil a day being pumped into the Gulf of Mexico in America’s worst offshore oil rig spill in 40 years.

    The robots will attempt to activate a blowout preventer, a 450-tonne valve on the ocean floor that offers the only timely option for stemming the flow.

    With the oil now coating 1,800 square miles of water, BP officials acknowledge it could take months to entirely contain two separate leaks from the wrecked oil rig.

    The US coastguard discovered the leaks on Saturday, two days after the Deepwater Horizon oil rig leased by BP sank off the coast of Louisiana. The rig was destroyed in an explosion last Tuesday, with 11 workers missing and presumed dead.

    What initially seemed a manageable spill is now rated by the US coastguard as a serious environmental problem, with 1,000 barrels of oil a day being pumped into the Gulf of Mexico, an area rich with dolphins, whales and other marine life.

    Three sperm whales have been sighted in the area of the slick, officials said yesterday.

    The spill, which occurred just as senators were preparing to roll out energy and climate proposals, has deepened debate about America’s energy policies.

    In an effort to win support for the proposals, Barack Obama had come out in favour of more oil and gas drilling in the Gulf of Mexico.

    High winds and big waves forced clean-up vessels, which have been trying to skim the oil from the surface of the water before it washes up on shore, to remain in port at the weekend.

    But Mary Landry, the coast guard commander, insisted the four states that lie in the path of the slick would have ample warning to protect fragile wetlands. Forecasts suggest the oil will make landfall on Thursday.

    The plan put into operation yesterday called for four underwater robots to dive 1,500 metres (5,000 ft) below the surface of the water to try to activate the gargantuan system of pipes and valves that sits next to the well on the ocean floor.

    BP said it was the first time such an operation had been mounted at this depth.


  • Power breed hypocrisy – the powerful judge others more harshly but cheat more themselves | Not Exactly Rocket Science

    MPsLast year, the UK press was abuzz with the so-called “expenses scandal”. In a time when the county was gripped by recession, we were told that Members of Parliament (MPs) were claiming for all sorts of ridiculous luxuries, all at the taxpayer’s expense. The revelations dominated the news, but the idea that people in positions of power often behave hypocritically isn’t new. It is said, after all, that power corrupts. Now, Joris Lammers from Tilburg University has found solid evidence for this.

    Through five compelling experiments, Lammers has shown that powerful people are more likely to behave immorally but paradoxically less likely to tolerate immorality in other people. Even thinking about the feeling of power can trigger these double standards.

    To begin with, Lammers asked 61 students to remember a time when they either felt powerful or powerless. Those that reminded themselves of power were more likely to frown on cheating; compared to the powerless group, they thought that overclaiming on travel expenses was less acceptable. However, they were also more likely to cheat. Lammers gave the recruits the chance to decide how many lottery tickets they would receive by privately rolling two dice. Those who were primed with power were more likely to lie about their scores to wangle extra tickets.

    To explore this hypocrisy further, Lammers did three further experiments where he manipulated a volunteer’s feelings of power and then gave them a common moral dilemma. All of these involved acts that are technically illegal but that many people take part in, such as speeding or tax-dodging. Their job was to say either whether they would be okay with doing it themselves, or whether they would think it acceptable if someone else did it.

    He asked 42 students to take part in a simulated government, playing the part of either a prime minister or a low-ranking civil servant. Afterwards, he asked them if it was okay for them or others to break the speed limit when late for an appointment. A second group of 88 students were told to imagine a past feeling of power or powerlessness and asked if it’s okay to turn a blind eye to freelance wages on a tax declaration. Finally, a third group of 42 students had to do a word-search puzzle, where the hidden words signified either power or the lack of it. They were asked about the ethics of keeping a bike that was stolen and abandoned, if you don’t have enough money to buy one yourself.

    Despite the different psychological manipulations and moral dilemmas, all three experiments found the same trends – the volunteers who felt more powerful were also more hypocritical. They frowned more strongly upon speeding, tax-dodging or keeping stolen goods, but were more lenient about doing it themselves. All these effects were statistically significant, and a questionnaire revealed that the tests didn’t affect the volunteers’ moods. None of them guessed the true purpose of the research.

    As a final experiment, Lammers asked 105 students to write about an experience of power or powerlessness. But this time, half of them had to describe a time when they were actually entitled to that status, while the others described a time when the position wasn’t deserved. When asked about their opinions on keeping stolen goods, the only hypocrites were those with legitimate power.

    It seems that power breeds a sense of entitlement, where people feel that they can take more than other people, but also dictate how others should behave. They can preach without the need to practice. But this hypocrisy hinges on the legitimacy of their power. Power corrupts, but it seems that only true power truly corrupts.

    In the last four experiment, Lammer also found the opposite effect, where the ‘powerless’ groups (and the illegitimately powerful one) showed a sort of anti-hypocrisy. They were harsher about their own transgressions than those of other people’s. Lammers refers to this as ‘hypercrisy’, from the Greek for ‘too much criticism’.

    You can easily imagine how this combination of hypocrisy and hypercrisy fuels the gap between the haves and the have-nots in human societies. The powerful impose their strict standards on other people while acting with greater abandon themselves. The powerless follow their own rules more rigidly, even though they are less willing to impress those rules on others.

    It’s a vicious cycle, but one that can be broken if people point out that power hasn’t been earned. There are many ways of doing that, from open revolution to open derision, from flaming pitchforks to fiery satire. Either way, as Lammers says, if a leader’s reputation is undermined, “they may be inspired to bring their behavior back to their espoused standards. If they fail to do so, they may quickly lose their authority, their reputation, and—eventually—their power.”

    Reference: Psychological Science http://dx.doi.org/10.1177/0956797610368810

    More on psychology and power:

  • 100 cavallini lined up for Concorso Ferrari 2010 In Old Pasadena

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    Colorado Boulevard is one of those streets that is known to millions of people around the world, many of whom have never set foot in California. In this case, it’s because Colorado serves as the thoroughfare that hosts the annual Rose Parade, the float-tastic flower-power procession that precedes the Rose Bowl college football game in Pasadena, California. During the rest of the year, it’s known as a great spot for shopping, dining and people watching for locals and tourists alike. But on a certain Sunday in May, it is also known as a place to see Prancing Horses. You see, Colorado Blvd. in Old Town Pasadena is the site of the Concorso Ferrari event.

    One of the largest annual gatherings of Maranello’s finest, Concorso Ferrari 2010 is expected to draw more than 100 classic and late-model GTs, sportscars and supercars for a free-to-the-public event like no other. The combined value of the vehicles is expected to top $100 million, with nearly one-fifth of that amount accounted for by one particular model – a Pebble Beach-winning 250 Series I Cab. Other highlights on the entry list include a Cavallino Best of Show 250 GT SWB, the Agnelli 400SA (fresh from the Ferrari Museum in Maranello), a Concorso Italiano Platinum winning 400SA, and one of six Vignale 225S racers produced.

    Organized by the Ferrari Club of America, Southwest Region, the Concorso will stretch across several blocks of Colorado, from Pasadena Ave. to Raymond, and will run from 10 am to 3 pm on Sunday, May 16. The event will be a judged concours for pre-’99 cavallini, with unjudged displays of newer cars including not just those from Ferrari, but Maserati, Aston Martin, Lotus, Spyker, and Mercedes-Benz models as well.

    The full press release and contact info is pasted in after the jump.

    Continue reading 100 cavallini lined up for Concorso Ferrari 2010 In Old Pasadena

    100 cavallini lined up for Concorso Ferrari 2010 In Old Pasadena originally appeared on Autoblog on Tue, 27 Apr 2010 08:28:00 EST. Please see our terms for use of feeds.

    Permalink | Email this | Comments

  • Ex-Military Commission Prosecutor: What to Do With GTMO

    GUANTANAMO BAY — Retired Air Force Col. Morris Davis, a former chief prosecutor of the military commissions-turned-critic, has an opinion piece in the Huffington Post expressing disappointment in President Obama for not keeping his campaign pledges to shutter Guantanamo and end the commissions. (Davis might have considered that there is real congressional antipathy to closing the detention facility and Obama needs Congress’ aid to close it; but keeping the military commissions, in revised form, was a unilateral act.) Davis reprises some of his older themes about the professionalism of the guards here — something I’ll get to observe for myself, in about an hour, when I tour three of the six detention camps.

    On the commissions, however, Davis is less judicious about the hybrid law/war system that they represent:

    Second, if terrorism falls within the ambit of warfare rather than ordinary crime, then the Geneva Conventions are the basis of the rights the detainees enjoy, and fairly administered military commissions could meet or exceed the requirements of Common Article 3 of the Geneva Conventions. Decide whether we’re at war with al Qaeda and its affiliates or if their activities are manifestations of a crime spree, and pick the corresponding criminal forum. Fourteen high value detainees got off the airplane at Gitmo in September 2006. Parsing an explanation for why Ghailani gets full constitutional rights in a trial in federal court while his fellow passenger Nashiri gets something less in a military commission does not enhance our standing in the eyes of the world.

    And that doesn’t even touch on some of the confusion closer to home. Among the reasons Sen. Lindsey Graham (R-S.C.) wants Khalid Shaikh Mohammed tried by a military commission and not a civilian court is because it’s hard to understand why the architect of 9/11 wouldn’t be placed before a venue designed for trying war crimes but someone charged with a lesser offense would be tried there. Two senior administration officials, David Kris of the Justice Department and Jeh Johnson of the Defense Department, didn’t articulate a clear rationale for determining who ought to be tried in which venue during the highest-profile congressional hearing on the question thus far.

    Davis also highlights the looming question of judicial oversight for any post-Guantanamo system of indefinite detention without trial, something Graham and Attorney General Eric Holder recently agreed the administration and Congress ought to design. Check out the piece.

  • BlackBerry 6 (OS 6.0) Teaser Video! Check it out!

    Check out the video above… It’s of RIM’s upcoming BlackBerry 6 operating system, which is expected to release Q3, 2010. So far it looks awesome! More to come of course.. Post your thoughts below.

    You’re reading a story which originated at BlackBerrySync.com, Where you find BlackBerry News You Can Sync With…

    This story is sponsored by the new BlackBerry Sync Mobile App Store. Grab your free copy today at www.GetAppStore.com from your BlackBerry.

    BlackBerry 6 (OS 6.0) Teaser Video! Check it out!

    Related posts:

    1. Another BlackBerry Curve 8900 (Javelin) Video Mobile Syrup managed to get their hands on a pre-production…
    2. Another BlackBerry Storm video by Vodafone Another Vodafone BlackBerry Storm 9500 video has hit the internet….
    3. BlackBerry Storm 9500 Video from Vodafone Vodafone held a presentation to show off their upcoming touch…
  • UT’s Business Plan Competition Launches New Businesses

    KNOXVILLE — Six teams of undergraduate students at the University of Tennessee, Knoxville, have won tools to help launch their own businesses by participating in the third annual Business Plan Competition sponsored by the College of Business Administration’s Department of Management.

    Forty-two teams competed for a total of $20,000 in prize money and $12,000 in donated services. The first-place winners received complimentary start-up of accounting services from Brenda Boyd, CPA, a 1990 alumnus, and a one-year complimentary membership in Estrada Strategies Entrepreneur’s Club, a coaching and networking organization for entrepreneurs.

    “The Business Plan Competition was designed to develop and encourage an entrepreneurial culture on campus and to support aspiring young entrepreneurs in their quest to create value,” said Tom Graves, director of the college’s Center for Entrepreneurship and Innovation and the Business Plan Competition.

    The contest was open to all undergraduate students and consisted of three rounds, each requiring more difficult quantitative and qualitative analysis. The judging panel included local entrepreneurs and business executives. Students competed in two categories: the technology-enabled business category and the lifestyle business category.

    The winners in the technology-enabled category include:

    • First place ($5,000) — Nate Buchanan and Jordan Peace, juniors in management, and Austin Eldridge, a junior in aerospace engineering, for “Real Mobile,” a text-message-based business that provides instant information to home buyers.
    • Second place ($3,000) — Aron Beiereschmitt, a sophomore in mechanical engineering, for “Mobile Computing,” a company which is developing mobile gaming applications and open-source operating systems.
    • Third place ($2,000) — Jessica Allen, a junior in hospitality, and Ashley Baker, a junior in management, for “Perfect 10 Technology,” a device that makes equipment set up for gymnastic competitions and training easier and quicker.

    Winners in the lifestyle category include:

    • First place ($5,000) — Jake Baron and Daniel Stone, juniors in accounting, for “Strappack,” a company which sells backpacks that mitigate back pain caused by carrying heavy loads.
    • Second place ($3,000) — Danny Smith, a senior in engineering, and Dave Teeters, an engineering alumnus, for “Boulder Booties,” a product that protects expensive rock-climbing shoes.
    • Third place ($2,000) — Kaliv Parker and Phillip Black, sophomores in the pre-business program, and Aeron Glover, a sophomore in engineering, for “Ratemyhostfamily.com, LLC” a website that uses an online survey platform to allow study abroad students to give quantitative and open-ended feedback about their host families, residence halls and apartments while studying abroad.

    “The plans and the presentations in this year’s competition were the best I’ve seen in the three years that I’ve judged. The students continue to raise the bar and exceed expectations,” said Bill Jenkins, a retired corporate executive, consultant and judge.

    For more information on the business plan competition, visit http://cei.utk.edu/business_plan.html.

    Pictured: Back row, from left: Ashley Baker, Kevin Kragenbrink (judge), Aron Beirschmitt, Sarah Gardial (UT vice provost), Tom Graves (UT faculty), Danny Smith, Gus Zacharias (judge); Middle row, from left: Aeron Glover, Kaliv Parker, Phillip Black, Daniel Stone, Jake Baron; Seated, from left: Nate Buchanan, Austin Eldridge, Jordan Peace.

    C O N T A C T :

    Cindy Raines (865-974-4359, [email protected])

  • So you want to buy a car?

    Adapted from “Wheeling and Dealing,” by Guhan Subramanian (professor, Harvard Business School and Harvard Law School), first published in the Negotiation newsletter.

    How can you negotiate the best possible price for a new car? This is a common negotiation question, and naturally so. A car is one of the most significant purchases you’ll ever make—and the price is almost always negotiable. Here are a few tips to improve your performance:

    1. Prepare, prepare, prepare. Due to the vast amount of information available on the Internet, walking into a car dealership without having done some online research would be a big mistake. Online, you typically can find out the actual dealer cost, or invoice price, of a car—the dealer’s walk-away point in his negotiation with you. Some Web sites also allow you to pick the precise options you want and even tell you what other buyers in your region are paying for the same car. (Note that details such as dealer “holdbacks,” or money paid back to a dealer by the manufacturer, could prevent you from pinning down the dealer’s reservation price definitively.)

    2. Choose the right process. In the car-buying context, you can enter a dealership and negotiate with a salesperson, or you can put out a request for bids on the Web. One key factor in this decision is how well you know what you want. If you’ve picked out a car down to the very last option, then by all means let the Internet do the haggling for you. (But beware: some dealers may tempt you with a lowball price and then try to renegotiate in person.) If your final decision will depend on cost, then negotiating face-to-face at a dealership is probably the better choice.

    3. Use the threat of walking away. One middle-ground option that Richard Zeckhauser and Guhan Subramanian have identified is a negotiation-auction hybrid, or negotiauction. Merge the strategies described above by visiting dealerships to determine what you want and then hold an online auction to determine who will give you the best price. Eventually, of course, you’ll have to close the deal in person, but this will be a straightforward encounter if you’ve worked out the price in advance.

    It’s a different matter if issues remain on the table. In private-equity deals, experienced negotiators use exclusivity as a bargaining chip, a tactic you can use when buying a car. Consider the salesperson’s situation: if you walk out the door without signing on the dotted line, the deal is probably dead. Therefore, you can exercise your option to walk away to extract further concessions. One buyer recently shopped for a car alone and, after negotiating a deal, told the salesperson that he wanted go home and discuss it with his wife. The salesperson asked what kind of price reduction the buyer needed to sign the deal right away. The answer: a $900 price cut, which the salesperson agreed to after the inevitable consultation with his manager. Back at home, the buyer’s wife was thrilled to hear about the final price.

    If you still feel stressed about car buying, consider the big picture: you have lots of alternatives, but the salesperson’s alternative to a deal with you is forgone profit. And while you have access to substantial information about his position, he can estimate only how much you are willing to pay.

  • Baseball’s Most Bizarre Contract Clauses

    Incentives matter. It’s one reason why bankers’ and ballplayers’ salaries are often loaded onto bonuses. In that vein, Mental Floss has an interesting rundown of the weirdest baseball contract clauses of the last twenty years. Some of them are real incentives. Others aren’t. A $300 bonus to each Oakland A’s player growing a mustache by Father’s Day. A bulldozer for Houston Astros pitcher Roy Oswalt if he made it to the World Series. A $333,333 check for Red Sox pitcher Curt Schilling for each weigh-in that didn’t tip the scales.

    But Ichiro Suzuki’s has got to be the strangest clause:

    The Seattle Mariners star outfielder signed a five-year contract
    extension in July 2007 that included, among other perks, four
    round-trip airline tickets to Japan each year and the services of an
    interpreter and trainer throughout the season. It also included a
    housing allowance for each year of the deal.

    While the numbers
    themselves aren’t eye-popping — the allowance ranges from $32,000 to
    $36,000 a year over the life of the deal — kudos to Ichiro for getting
    someone else to pay his rent.

    Really, a housing allowance? Equal to 0.19% of his yearly salary?





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  • Dear Colleagues: We’d Like to Share Some Lies with You About the ICC

    by Kevin Jon Heller

    My UN Dispatch friend Mark Leon Goldberg notes today that a group of Representatives are circulating a “Dear Colleague” letter urging their colleagues to support a resolution “opposing the United States joining the Rome Statute or participating in the upcoming review conference.”  Reading the letter is an infuriating experience, not only for its ridiculously bad grammar — how does one “join” a statute? — but also because of its bald-faced lies about the ICC.  Here is the text of the letter:

    Protect U.S. Troops and American Sovereignty from the International Criminal Court

    Cosponsor H.Con.Res. 265, a Resolution Raising Concerns

    Current Cosponsors: Ros-Lehtinen, L. Smith, Garrett, McCotter, Lamborn, W. Jones, Burton, Franks, Chaffetz, Latta, Bachmann, Pitts, Akin, Kingston, Gohmert, Conaway, S. King, McClintock, Gingrey, Burgess, Manzullo, Marchant, H.Brown, Wittman, Jordan, Poe, Posey, Souder

    Dear Colleague,

    We urge you to join us in expressing the sense of the Congress that the United States should neither become a signatory to the Rome Statute on the International Criminal Court nor attend the Review Conference of the Rome Statute in Kampala, Uganda in May 2010.

    That American troops could face criminal indictments in a foreign court for actions taken in the defense of U.S. national security interests is abhorrent. Yet in September 2009 the Office of the Prosecutor for the International Criminal Court announced that it was investigating accusations of war crimes and crimes against humanity allegedly committed by U.S. and NATO forces fighting in Afghanistan. This presumably would implicate members of both the Bush and Obama Administration.  As such, today we are closer than ever before to a reality where American soldiers, Marines, and other military personnel could be brought before an international tribunal, without any of their constitutional rights, to face criminal charges.

    The United States must not become a party to the treaty that makes such charges possible—the Rome Statute on the International Criminal Court. But in August 2009 Secretary of State Hillary Clinton stated that it was a “great regret that we are not a signatory” to the Rome Statute.

    A major step on the road towards U.S. membership in the ICC is mere months away. From May 31 to June 11 an international conference will be held in Kampala, Uganda to consider proposals for amendments to the Rome Statute.  The Administration’s plan to participate in the Review Conference is in error. Engagement will do nothing to remedy the major defects of the Rome Statute, including:

    • That the ICC claims the power to exercise authority and jurisdiction over the citizens of nations—including the United States—that have not ratified the Rome Statute;
    • That the Rome Statute seeks to prohibit the “crime of aggression,” an offense that will inevitably be manipulated for political purposes to the detriment of U.S. national security interests, as the U.S. is regularly accused of “aggression” in places such as Iraq and Afghanistan, and;
    • The Rome Statute would revoke rights guaranteed by the Constitution to American military personnel and U.S. government officials charged with crimes, including the right to a jury trial by one’s peers, protection from double jeopardy, the right to confront one’s accusers, and the right to a speedy trial.

    To cosponsor H. Con. Res. 265, a resolution opposing the United States joining the Rome Statute or participating in the upcoming review conference, please contact Kristine Michalson in Congressman Lamborn’s office by emailing [email protected].

    Sincerely,

    Doug Lamborn, Member of Congress
    Thaddeus McCotter, Member of Congress
    Scott Garrett, Member of Congress

    In the words of the immortal Chris Rock, these people — which include those noted political theorists Steve King and Michele Bachmann — are just ign’ant.  Let’s start with the most obvious lies, concerning the Rome Statute’s “revocation” of constitutional rights.  The right of confrontation:

    Article 67(1)(e):  In the determination of any charge, the accused shall be entitled to… examine, or have examined, the witnesses against him or her and to obtain the attendance and examination of witnesses on his or her behalf under the same conditions as witnesses against him or her.

    The right to a speedy trial:

    Article 67(1)(c):  In the determination of any charge, the accused shall be entitled to.. be tried without undue delay.

    And double jeopardy:

    Article 20

    1. Except as provided in this Statute, no person shall be tried before the Court with respect to
    conduct which formed the basis of crimes for which the person has been convicted or acquitted by
    the Court.

    2. No person shall be tried by another court for a crime referred to in article 5 for which that
    person has already been convicted or acquitted by the Court.

    It’s true, of course, that the ICC does not use juries.  But even that claim is misleading, because Americans who commit crimes in civil-law countries are tried without juries all the time — it’s called territorial jurisdiction, which the US has never challenged.  Indeed, if the sponsors of the legislation are really worried about those evil “foreign courts,” they should prefer ICC trials to trials in a civil-law country — after all, the former are far more adversarial than the latter.

    I could go on, but what’s the point?  The sponsors of the legislation aren’t interested in facts or rational debate; if lying is the most effective strategy for whipping up opposition to the ICC, that’s fine with them.  Pathetic — but business as usual in American politics.

    P.S.  Someone might want to let the various Representatives know that the US doesn’t have to “join” the Rome Statute for Americans soldiers and officials to be subject to ICC jurisdiction.  Because Afghanistan is a member of the Court, they already are…

  • AMD’s $300 6-Core CPU: Too Good To Be True? [Amd]

    AMD’s new Thuban hexa-core CPUs come out swinging with prices that belie their size. And if we’ve learned anything from years of watching action movies: You never, ever count out the underdog. Such is the case with perennial underdog AMD. More »







  • Motorola MT820 pictured, does 3D ?

    Could that weird Motorola Android device we saw last week actually be the Motorola MT820 pictured above? The button arrangement is different but the transparent flip screen, camera placement, and general shape is very familiar. If they’re not the same phone (one being prototype, other being final), they at least have to be part of the same family right?

    The MT820 certainly looks a lot better than what we previously saw but that could be the higher resolution shots talking. We’re still unsure about the whole ‘flip’ form factor but rumors are suggesting that the extra screen allows the MT820 to display 3D images. The MT820 is headed to China’s TD-SCDMA network, which means we’ll likely never see the phone. Not like we were dying for it in this first place, the form factor is still too weird and 3D is currently more a gimmicky feature than anything. What do you guys think? Do we want 3D on our phones yet? Ever?

    Hit the link to see more pictures of the MT820 [slashphone]

  • Mercedes-Benz E-klasse Luxury Limousine

    Mercedes-Benz E-klasse Luxury Limousine Concept

    The most respected Limousine after Rolls Royce belongs to Mercedes W126, majority of that tagged with 1000 SEL, 560 SEL or 500 SEL. Below is the list of manufacturers of the W126 Limousines.

    Please check the big brother of Mercedes W126 with 2010 technology!

  • Earnings, Goldman Sachs, Greece, China – Vialoux

    U.S. equity index futures are lower this morning. S&P 500 futures are down 5 points in pre-opening trade despite encouraging first quarter reports released overnight. Companies reporting higher than consensus first quarter earnings included UPS, Canadian National Railway, Dupont, Texas Instruments, Nexen, Ford and MMM.

    Equity index futures were concerned about several issues including the testimony by Goldman Sach's executives, the ongoing saga of the Greek financial crisis and early warning signs that economic growth in China is about to slow due to tightening monetary policy.

    Seven Goldman Sach's executives are scheduled to testify in front of a Congressional panel this morning. The session is slated to be more of an inquisition than a fact finding mission based on accusations made by members of the panel prior to testimony.

    The Greek financial crisis remains unresolved. Members of the European finance ministers, particularly Germany are demanding greater concessions by Greece before completing a loan agreement. The Euro remains under pressure this morning and is testing support at 132.69.

    Efforts by the Chinese government to curtail speculation in the housing industry are starting to impact the Chinese economy. The Shanghai Composite Index closed last night at 2,908. The Index has dropped 8.6% during the past 10 days.

    Base metal prices are responding to a possible economic slowdown in China. Copper fell another $0.07 U.S. per lb. overnight to $3.47 per lb. Copper and base metal stock prices generally peaked with the peak in the Shanghai Composite Index.

    Canadian National Railway is notably weaker this morning despite reporting higher than consensus first quarter earnings. The stock is down 2% after UBS downgraded the stock from Buy to Neutral.

    Oracle was initiated as a Buy at Citigroup. Target is $32.

    The February Case/Shiller Index for home prices showed a year-over-year gain of 0.6%. Consensus was a decline of 0.1%. Response by equity index futures to the news was not significant. 

    Don Vialoux, chartered market technician, is the author of a free
    daily report on equity markets, sectors, commodities, equities and
    Exchange-Traded Funds. For more visit Don Vialoux's Web site
      

  • Hubble celebrates 20 years in space with a jaw-dropper | Bad Astronomy

    I was out of town at a wedding this weekend, so I missed blogging about the spectacular image release for the Hubble Space Telescope’s 20th anniversary (here’s the US site). And yikes, it’s simply mind-smackingly mind smacking. Behold:

    hst_20th_carina

    Ye gods. Click to get access to massively embiggened versions.

    This is a stunning close-up of a section of the vast Carina Nebula, a sprawling and complex Escher-like region of gas and dust about 7500 light years away. It’s the scene of chaotic star birth and death, slammed and reslammed by winds from stars being born and others busy blowing up.

    In this image — which is only a part of the full view of this magnificent vista — the tentacles of dust tower light-years in length, and at the tips of those fingers are stars that are just now forming. The material around them is thicker than what surrounds it, and can partially withstand the onslaught of subatomic particles and fierce ultraviolet being blasted about by hot, young, massive stars nearby, off the top of the image. This wind and light blow away the lighter material, leaving behind these structures that are essentially sandbars in space, material protected by the denser gas and dust at the tips.

    All along the sides of the towers you can see streamers of material, filleted tenuous wisps that appear to be flowing from the towers themselves. But, in fact, this is matter flooding past the towers, gas slamming into and screaming around them. Look around the image and you can see the shock waves, the tremendous forces at play here. To give you a grasp of this, the battle ground for this action is tens of trillions of kilometers across, and the material is moving at a million kilometers per hour.

    This is sculpting on a scale that would make Zeus cower in fear. But Nature does it as a matter of course.

    And the forces at work here are capable of beauty and incredible detail. For example, cast your eyes upon this feature located at the tip of the uppermost trunk:

    hst_20th_carina_detail

    This is my favorite part of the image, and not just because it looks like an angry gray alien (though admittedly that does add a bit of cool). The reason I love it (and the other one located at the tip of the fatter tower to the lower left) are the twin beams of material coming out of either side of it. Those jets of matter are caused by the forming star at the center; the star is being born in the center of a flattened disk called an accretion disk. Complex magnetic fields are at play here, and they cause the gas in the disk to be propelled away, up and out from the star’s poles, at high speed. Note the beautiful sculpted shock wave at the left end of the jet as it plows into the dense material in the nebula itself. We see lots of these paired jets — called Herbig-Haro Objects — and they mark the positions of new stars. Our Sun may have looked a lot like this about 4.6 billion years ago.

    Now let’s take a step back. Here’s a fascinating look at this scene, comparing the view in visible light to that of infrared:

    hst_20th_carina_vis_ir

    Note that in the left (visible) image, you don’t see very many stars. The dust is thick in Carina, and that blocks the light from the stars. But in the IR (right), the light can pass through the dust and we see many more stars. A lot of the detail in the towers disappears because the pillars are transparent in IR, so we lose that part of the picture. In the visible, the colors represent light from glowing oxygen (blue), hydrogen and nitrogen (green), and sulfur (red). These are not necessarily the most abundant elements in the gas (well, hydrogen is), but they tend to glow the brightest and are easiest to see.

    So this is more than just (just! ha!) a beautiful image. The multi-color versions of it tell us the temperature, the density, and the elemental composition of the gas and dust as well. By examining clouds like this one, we learn about the vast and subtle processes that take place when stars are born en masse.

    There is so much to see here that I could go on for quite some time about it. But I think I’ll just leave it here. Go and download the hi-res versions of these images and simply play with them. Have fun, and keep in mind that what you are seeing here was unimaginable just a few decades ago. The things we can do now…

    You can read more about Hubble’s 20th anniversary at NASA’s special page. You can also check out my Ten Things You Don’t Know About Hubble for more insight into my own involvement with this magnificent observatory.

    Credit: NASA, ESA, M. Livio and the Hubble 20th Anniversary Team (STScI)