Category: News

  • Video: GM shows how much you can do with 40 miles of electric driving in the Volt

    2011 Chevrolet Volt

    In a recent press conference with the media, Chevrolet Volt engineers said that they were averaging 40 miles on battery power alone as promised. General Motors has put together a short video (with some cool Google Maps usage) showing us just how much an individual can do with the Volt without ever using gas.

    Check out the short video after the jump.

    Click here to read our first drive impressions of the 2011 Chevrolet Volt.

    Refresher: The 2011 Chevrolet Volt is powered by 16-kWh, “T”-shaped lithium-ion battery that powers the electric drive unit, which allows it to drive 40 miles on battery power alone. According to GM’s preliminary specs, the system puts out 150-hp and a maximum torque of 273 lb-ft, allowing the Volt to go from 0-60 mph in about 9 seconds, hitting a top speed of 100 mph. The battery can be re-charged by plugging into a household outlet and takes less than 3 hours to recharge on 240 volts, and about 8 hours on a standard 120-volt outlet. The Chevrolet Volt also carries a 1.4 4-clyinder engine that allows the five-door, FWD sedan to travel additional miles while averaging a fuel-economy of 50 mpg. A fully charged battery and full tank of gas will allow the Volt to travel 300 miles.

    First Drive: 2011 Chevrolet Volt:

    First Drive: 2011 Chevrolet Volt:

    – By: Kap Shah


  • Microsoft showing off Bing innovation, Windows Phone 7 in the mix

    Microsoft’s Stefan Weitz has recently spoken to WebProNews about Microsoft’s successful challenge to Google’s bread and butter.

    He showed off the latest features of the search engine, including Windows Phone 7 integration, which interestingly benefits from improvements on the server side also.

    Via Webpronews.com


  • Bruno, LA’s Watchdog: Enduring Fantasies of LA and State Officials

    How could a dog ignore a web site called LACurbed.com?
    keeper.jpg
    I learned of this great site this morning after being struck by a Dog Trainer post about one of the silliest projects floating around this crazy city.

    The project concerns a lot of green space – which I love for a variety reasons, mostly scatological.

    But Curbed L.A., while its story was picked up by the Dog Trainer, has nothing to do with dog training, which was a bit of a disappointment.  I’m into self-improvement.

    The story – thank God! — also has nothing to do with the DWP, the mayor, the City Council, the controller or that Nuch guy – at least not yet.

    The project in question is to build something like New York’s Central Park over the 101 freeway just east of the 110 in downtown Los Angeles.

    According to Shelby Grad, the Dog Trainer investigative reporter who stole the story from Curbed LA:

    “There are no firm design plans for the freeway cap — nor is there a firm price tag. The concepts show meandering open space and new high-rise development in and around what is now the 101. Backers are bullish, likening it to L.A.’s version of New York’s Central Park.

    101cap.jpg“Preliminary concepts say the park would likely be built as part of a public-private partnership that would involve some new high-rise construction. A community meeting on the project is scheduled for May 13 at Caltrans headquarters, according to Curbed L.A.”

    Grad didn’t even steal the funniest part of the Cubed LA post:

    “While we don’t know what designs are currently on the table, interns at EDAW AECOM created plans for the project in 2008 that called for a half-mile cap with ‘an iconic gateway and overlook at Grand Avenue’ that would include the tallest structure on the west coast.”

    Interns? The tallest structure on the West Coast?

    One of the comments on Curbed called the project “architectural masturbation,” a term I hadn’t come across before, but obviously familiar to Curb’s audience, which seem to know a lot about building things.

    Another one of these things is apparently planned for the Hollywood Freeway.  That idea has been kicking around for a while.

    First, it’s insulting that Caltrans is spending a dime on this idiocy.  But more frightening is the idea of waking up one morning to the Garcetti Skating Rink or the Lake LaBonge.

    Let’s kill this one in the cradle.

    Woof!

  • Here’s What You Need To Know About What Happened Today (KRE, KBE, BLK, CAT, GS)

    CaterpillarDJIA: Up one point to 11,204.

    NASDAQ: Down 7 points to 2522.

    S&P 500: Down 5 points to 1212.

    Commodities:
    Oil: Down 1.39% or $1.18 to $83.94 a barrel.
    Gold: Down 0.05% or $0.60 to $1153.10 an ounce.
    Silver: Up 0.56% or $0.10 to $18.33 an ounce.

    Now here’s what you need to know as you leave work today:

    • Financial stocks slid today over uncertainty as to what provisions would be included in the government’s financial reform package. Both regional (KRE) and larger financial (KBE) ETFs were hit on the eve of the first reform bill vote tonight.
    • Caterpillar produced impressive earnings results and returned to growth notching its first profit increase in seven quarters. Caterpillar bettered estimates and is expecting a street beating $38 to $42 billion in sales in 2010.
    • Greece continues to dominate global market concerns as the country has yet to receive funds from the proposed IMF-EU bailout. Pimco’s El-Erian feels that Greece’s problems could quickly spread to other PIIGS states if action is not taken soon.

    Join the conversation about this story »

  • Muchas noticias en el mundo de la competición a pesar de no haber demasiadas carreras

    Ferrari

    Tras la múltiple actividad del fin de semana pasado en el mundo de la competición, este nos ha tocado algo más de tranquilidad tanto en los circuítos como en las carreteras del WRC aunque no así en despachos y cuarteles generales de los equipos, que si han tenido mucha actividad que empezamos a resumiros a continuación.

    Tras el GP de China de Fórmula 1, los equipos tuvieron que hacer bastantes peripecias para volver a Europa debido a la nube volcánica que tenía cerrado el espacio aéreo. En cualquier caso, este problema está solucionado y el GP de España, próxima prueba, no corre peligro. El director del Circuito de Cataluña habló estos días de como van los preparativos y también se comentó el buen ritmo de venta de entradas que ya ha hecho que se agoten para algunas zonas del circuito.

    La llegada de la F1 a Europa significará el estreno de mejoras en la mayoría de escuderías. En el caso de Ferrari, esperan estar al a altura de los Red Bull y por el momento parece que ya han encontrado el problema de fiabilidad en sus motores.

    Las nuevas escuderías también quieren seguir mejorando y por ejemplo Lotus introduce mejoras que espera le ahorren un segundo por vuelta mientras que Hispania Racing estrenará la caja de cambios

    Por otra lado, también continúan los movimientos de cara a la próxima temporada. Por ejemplo, Stefan GP sigue con el sueño de estar en la parrilla y esta semana presentó el completo Stefan Technology Park, que servirá como cuartel general de la escudería y en el que se tiene prevista la construcción de un circuito propio.

    El tema de los neumáticos también continúa dando que hablar. Al interés de Michelin se sumó el de la marca estadounidénse Avon Tyres y con ambas la FIA ya está en negociaciones. Además, la marca italiana Pirelli también parece interesada y deja la puerta abierta a una posible negociación.

    En el WRC, semana tranquila tras la resaca del Rally de Turquía. Sebastien Loeb comentó sus impresiones tras su triunfo en una entrevista y ahora todo el mundo está a la espera del Rally de Nueva Zelanda, para el que WRC.com ha creado un sorteo con el que se invitará a dos personas a asistir en directo a la prueba de forma completamente gratuita.

    Donde si hubo competición desde la que nos llega una desgraciada noticia fue en Nurburgring donde el piloto Leo Löwenstein tuvo un mortal accidente con el Aston Martin que conducía.

    Os recodamos que en Recta de Meta podéis encontrar de forma detallada tanto éstas como todas las noticias que aparecen alrededor del mundo de la competición.

    Vía | Recta de Meta



  • Police Seize Jason Chen’s Computers [Iphone 4]

    Last Friday night, California’s Rapid Enforcement Allied Computer Team entered editor Jason Chen’s home without him present, seizing four computers and two servers. They did so using a warrant by Judge of Superior Court of San Mateo. According to Gaby Darbyshire, COO of Gawker Media LLC, the search warrant to remove these computers was invalid under section 1524(g) of the California Penal Code. More »







  • Intel Convertible Classmate PC Hands On: You Know, For Kids [NetBooks]

    Intel’s refreshed Convertible Classmate PC’s never going to be your everyday laptop, but it’s more than equipped to be your kid’s. And it may be showing up in his or her school before you know it. More »







  • Jawbone Icon to get A2DP as a free update tomorrow

    Tiny wireless headsets getting new features, for free, by way of a software update? We’re living in the future, you know.

    We just got word from Aliph that their $99 Jawbone Icon headset will be gaining support for the A2DP (music streaming) protocol tomorrow, by way of a free update made available through their AppStore-esque headset customization portal, MyTalk

    A2DP is a Bluetooth profile built for streaming 2-channel audio, so it’s generally reserved for stereo Bluetooth headsets. The Icon obviously isn’t a stereo headset (being that it’s a one-ear headset) but Aliph says they got a good number of requests from people who wanted to be able to stream their tunes regardless.


  • Sexy blonde with a Dartz Prombron Red Diamond Edition

    Sexy blonde with a Dartz Prombron Red Diamond Edition

    Introduced at Top Marques Monaco the Dartz Prombron Red Diamond Edition is one of the most special vehicles on the roads in Europe and Arabia.

    The unique luxury armoured truck is equipped with gold plated, bulletproof windows and bulletproof 22 inch alloys.

    A tungsten exhaust and tungsten badging and gauges, complemented by white gold gauges encrusted with precious gem stones also add to the list.

    Extra kevlar coating, just in case you happen to be driving through a war zone, and a Rogue Acoustic Audio System to ensure you can’t hear the carnage are all included.

    Near this amazing tuned car you can see a sexy girl that promote this superb machine.

    Photo: Car Scoop for more photos | GT Spirit for more photos and information. Thank you

  • Supertrampeidolia | Bad Astronomy

    I’m getting lots of email about this bit of pareidolia, purporting to show a shadowy Jesus in some farmland in Püspökladány near Budapest:

    googlemap_jesus

    But as usual, I see something entirely different. It’s clearly Roger Hodgson, the singer from one of my favorite bands, Supertramp!

    jesus_supertramp

    I know I’m right; note the hat in both shots. It’s only logical.

    Tip o’ the American Breakfast to Michael Meadon, who was the first of many to notify me.


  • Samsung Galaxy S confirmed to have S5PC110 processor, but how fast is it?

    We have taken an increased interest in the upcoming Samsung Galaxy S given the possibility that it could arrive on all four major U.S. carriers.

    Among the most interesting highlights of the phone is its mysterious high-powered graphics processing unit (GPU). Samsung’s Omar Khan claimed their 1 GHz platform could “process a staggering 90 million triangles per second” in a keynote speech at CTIA. They boasted the Galaxy S contained “at least three times the power of other smart phones”.

    So what is this mysterious processor being used in the Samsung Galaxy S? Last month I authored a post which echoed Samsung’s claims – The Galaxy S would have 3x the GPU power of Snapdragon Android phones.

    I do not have all the answers in this story, but I will share what I found so that others might be able to piece together the puzzle.

    The official press release never mentioned which CPU was being used, so I speculated it was the new Samsung S5PC110 application processor (codenamed Hummingbird) which was announced last year.

    After a couple of emails to our Samsung Mobile contacts, we were finally able to confirm the CPU.

    “I apologize for the delay in getting back to you. The processor is the Samsung S5PC110 Cortex-A8 model. The only information I have about the Galaxy S memory is 16GB / 8GB; external memory slot (upto 32GB) . More specifics will be available closer to launch.”Samsung Mobile Spokesperson

    So if there were any doubters left, yes the Galaxy S uses the S5PC110 “Hummingbird” CPU. The only information I have yet to see officially released is the actual GPU that is built in and the amount of RAM.

    In Samsung’s press release for the S5PC110, they mention it includes a “PowerVR SGX 3D graphics engine”, but they do not include the model. Previously I speculated it might be the new PowerVR SGX540, but I had no hard evidence.

    After digging around for a couple more weeks, I found another Android device using Samsung’s S5PC110 application processor. The upcoming ODROID-T from Hardkernel will also sport Samsung’s latest offering. This is notable because they list the GPU as the SGX540, which they claim does up to 20M triangles/s and 1000M pixels/s.

    Since the GPU is built in to the application processor, then all S5PC110’s should include the PowerVR SGX540 GPU. Thus, the Samsung Galaxy S is likely using the PowerVR SGX540.

    So now we have Samsung claiming the Galaxy S can do 90 million triangles per second (Mt/s) and another source says it’s only 20 Mt/s. As you may remember from the first article, the Qualcomm Snapdragon GPU does 22 Mt/s, which would place both phones in the same range.

    The PowerVR SGX family.

    Not a lot is known about the SGX540, so it is hard to determine how fast it will be. Imagination Technologie’s spec sheet for the PowerVR SGX family does not provide specific performance for each model GPU.

    In a press release for the OMAP4 platform, Imagination Technologies said it would also include the SGX540. They claim the OMAP4 will offer 5x the graphics performance of the OMAP3 series, which included the PowerVR SGX530. This is not a fair comparison with the Samsung S5PC110 (Cortex-A8) because the OMAP4 is based on the next generation Cortex-A9 platform.

    What does it all mean?

    I have no conclusion because the numbers still do not add up. Samsung is making some wild performance claims (90 M/ts), but the hardware they are using does not seem capable of producing those results.

    To throw in an interesting twist since the last article, the company Instrisity who jointly developed the S5PC110 with Samsung has been acquired by Apple.

    This post goes out to Sean since he is our new self-proclaimed GPU expert. Hopefully he can point out where I went wrong and help us get to the bottom of this issue.

    Related Posts

  • Reblog: Clean Tech IPOs Have Much To Prove, Says Top VC

    By Mark Boslet, co-editor, TechPulse360

    Clean-tech IPOs have yet to prove themselves.

    Sure, investor excitement is on the rise with Tesla Motors, Solyndra, Amyris and Ameresco preparing to sell shares to the public. Another potential blockbuster, Silver Spring Networks, is said to have chosen its investment bankers.

    But the track record of recent green IPOs is anything but encouraging. Lithium battery maker A123 Systems went public in September and its shares trade below their introductory price.

    Sensata Technologies Holding, a sensor maker from the Netherlands, is hanging onto a gain over its initial price in March, but only a modest one. Biofuel maker Codexis, which debuted its shares last week, is suffering the same fate. And the fortunes of Jinko Solar Holding of China are worse. It canceled its coming out altogether.

    “The clean-tech IPOs at this stage are still proving themselves,” says Erik Straser, a partner at the venture firm Mohr Davidow Ventures and leader of its cleantech investment team. Nevertheless, “it appears the markets today are thawing.”

    Straser says it is likely there will be more clean-tech IPO filings this year and even a period when less mature companies will go public. That’s because the criteria for what a company needs to interest investors is unsettled.

    Link to original post to read the rest of the story

  • Windows Home Server Vail Arrives to Public

    The latest version of the popular, Windows Home Server by Microsoft named “Vail” was unveiled today to the public.  We Got Served has several nice writeups to learn all about the new features and see a walkthrough of Vail.

    Feature-wise I wasn’t shocked, but definitely dissapointed that Microsoft again left out Media Center functionality.  Here’s what WeGotServed had to say about this omission:

    Let’s get one big elephant out of the way to kick off. Despite a lot of community requests, (and I know there’s been a lot of discussion within Microsoft regarding this) Windows Media Center has not been integrated into Vail. At this point, there is no in-box TV tuner support and TV guide service other than you’d expect to find in the underlying Windows Server 2008 R2 platform.

    This continues to be a head-scratcher for me.  Seems like an obvious thing Microsoft could add to WHS and add value to MediaCenter at the same time.  But again they left SageTV as the only HTPC software that had a true-WHS/HTPC solution for Windows Home Server users.

    The new features include:

    • Windows Home Server Dashboard  which is basically a new UI for the old Windows Home Server Console with mostly the same functionality.
    • Launchpad – a new, quick-access functionality that is very Windows 7-like giving you quick access to backups, remote access, shared folders etc.
    • Alert Viewer – A way to view alerts on all PCs in the system.
    • DLNA Compliant Media Streaming – A great addition to WHS is DLNA-compliant functionality for streaming your media.
    • Homegroups functionality – think Windows 7 homegroups here.
    • Add-in installation improvements
    • New SDK with improved add-ins

    The beta is now available for download.  Sign up & get your beta download here: www.connect.microsoft.com/windowshomeserver

     

    Check out We Got Served for a great overview of all things WHS Vail:

    What’s New in Windows Home Server Vail?

    Preview/Walk-Through of WHS Vail

    The official announcement is at the Windows Home Server Team Blog 

    Let me know what you think about the new featureset in Vail – is the HTPC omission a big deal?  Anything you’re excited or disappointed about with Vail?


  • Smart cap-and-trade will boost growth, create 2.8 million jobs, and cut carbon pollution

    by Brad Johnson

    Cross-posted from Wonk Room.

    A new macroeconomic analysis of green economic policies finds that cutting global warming pollution will make the economy grow faster. The Center for Climate Strategies (CCS), building upon analysis they did of state-level climate plans for the National Governors Association, analyzed the economic and environmental impact of legislation in line with the planned Kerry-Graham-Lieberman framework. As long as state-level policies are boosted instead of pre-empted, CCS found that previous economic analyses by federal agencies and industry groups are wrong. This CCS analysis finds that instead of slowing the economy, household wealth and jobs will grow faster in a green economy. Carbon limits and efficiency-focused policies would have a net positive employment impact of 2.8 million jobs and expand the economy by $154.7 billion by 2020, while U.S. emissions are cut to 27 percent below 1990 levels — if strong standards are set:

    The modeled job creation is consistent with the findings of Political Economy Research Institute at the University of Massachusetts, which used an input-output model to find that a green economy would create 1.7 million new jobs. The center looked at three different policy scenarios, using the industry-standard REMI Policy Insight PI+ macroeconomic model:

    – Strong local, state and federal implementation of green economic policies like green building codes and smart growth

    – These strong policies combined with a federal cap-and-trade system and coupled fuel fee to guarantee emissions reductions of 27 percent below 1990 levels by 2010

    – Scaled-back implementation of the policies and cap-and-trade system in line with President Obama’s goal of six percent below 1990 levels, similar to the Kerry-Graham-Lieberman bill soon to be considered

    The cap-and-trade system modeled uses full auction of permits and 75 percent of proceeds going directly back to consumers and 25 percent going to technology investments. No proceeds are dedicated to deficit reduction, as none is needed — a faster-growing economy will increase other tax receipts.

    In every single scenario, policies that cut waste and save money by eliminating market failures predominate, making the U.S. economy a more efficient free market and accelerating job growth and household wealth. The report finds that stronger environmental targets and standards deliver greater economic benefits — even if the tremendous benefits of reducing pollution have for health and environmental costs are ignored.

    The 23 recommended climate strategies range the gamut from agriculture, energy supply, electricity use, to transportation. These strategies — most of which save money — combined can achieve major carbon pollution reductions:

    This is what true all-of-the-above energy policy looks like. The suite of recommended policies coming from the consultants to the Center for Climate Strategies report — the stakeholders in local and state governments, businesses, and energy users — must be taken as a top priority, even if they don’t have an army of lobbyists to promote this green economic agenda. The current level of ambition in Washington is not only insufficient to mitigate the damages of global warming, it is leaving hundreds of thousands of jobs on the table.

    Related Links:

    Federal climate policy should preempt state and regional initiatives

    This Earth Day, it’s about Hip Hop and Hard Hats

    There are reasons to be pessimistic about climate legislation






  • Teaching First Grade Math: Shapes

    Introduction:
    These the following resources can be used to teach first grade math, specifically geometry and shapes.  The resources could be used to teach children about constructing and modeling plane shapes found in the environment (circles, squares, triangles and rectangles) VA SOL 1.13  This blog will present five children’s shape book annotations, five kids website annotations and three additional resources for teachers to use when teaching about shapes in first grade.

    Text Annotations:

    Ship Shapes

    ship-shapes_bb.jpg

     Ship Shapes written by, Stella Blackstone and illustrated by Siobhan Bell is a wonderful kids book about shapes.  In this adventure children are challenged to explore shapes in the sea and on ships.  The book is creatively illustrated in the style of a patchwork quilt with many shapes cut out of fabric.  I think this book would be a great way to get kids thinking about shapes in their environments.  The illustrations are exciting and fun and the text is written creatively to challenge children about their ideas of shapes.

    I Spy Shapes in Art

    i-spy-shapes-in-art.jpg

    I Spy Shapes in Art is written by Lucy Micklethwait, the illustrations are reproductions of many famous artists.  The book uses the repeating phrase of, “I spy with my little eye a…rectangle.” and then challenges the reader to find the shape in the famous painting on the next page.  For this example the reader is challenged to find the rectangle in the painting entitled The Snail by Henri Matisse.  The text is simple and would be great for a read aloud and to be put in a center later.  Introducing children to famous artists such as David Hockney, Henri Matisse, Georgia O’Keeffe, Andy Warhol and others is a great way for kids to see the link between art and math.  It also gets kids thinking about shapes in a creative way as well.

    Square Head

     39_8.JPG

    Square Head by Harriet Ziefert and illustrated by Todd McKie is a fun simple children’s book about shapes.  “George was a squarehead, a box from cheek to cheek.”  He disliked circles, ovals and spheres.  He had a square room and a square house and George was stuck inside his own squarehead.  In George’s world there were square cats and dogs and birds and he liked it that way.  One night George went to sleep and had a dream that allowed him to experience all kinds of shapes throughout space.  He discovered that the Earth was round and there were other wonderful shapes besides squares.  This book is a funny way to introduce shapes and have a discussion as a read aloud and talk about all the other shapes besides squares that the children have learned about and find in their world.

    Triangle for Adaora: An African Book of Shapes

    bookcoverphp.jpeg

     

    Triangle for Adaora: An African Book of Shapes written by, Ifeoma Onyefulu.  As two cousins travel through their village in search of a triangle they encounter many other shapes along the way.  Each shape is discussed and the author presents an opportunity to to learn about the shapes and their uses in the village for example the drum (a circle) is used to let people know it’s time to gather for a meeting.  The book presents the images in real color photos and not only does it provide the children with opportunities to learn about shapes in their environment but they also get to learn about cultures and traditions in another part of the world.

    Shapes, Shapes, Shapes

     shapesshapes.gif

     

    Shapes, Shapes, Shapes written and illustrated by, Tana Hoban is a great children’s book about shapes.  Some say this is the best of her many books written for children.  This book is great because it has pictures of real things where children can become more familiar in recognizing shapes in their environment.  Tana Hoban has a fun simple style about her books which makes them useful for a wide range of ability levels and good for class discussions and center activities.

     Web Annotations for Kids:

    Egypt Matching Game

    This is a great game by Scholastic where kids can play an interactive matching game.  It is related to Egyptian artifacts and different shapes.  It’s a good activity for students to recognize items in their environment as shapes.

    Super Shape Building

    This game allows students to build things interactively with shapes online.  Students are challenged to go on a shape scavenger hunt through Umi City with Geo and then help him find all of the super shapes to build their own umirrific vehicle.

    I Love Shapes

    This game from PBS kids features Curious George and his love for shapes.  Another great interactive site that allows kids to familiarize themselves with various shapes while playing with Curious George and The Man in the Yellow Hat.

    The Kids Page

    From Radio Disney, this matching game could be used to differentiate with lower ability level students or to reinforce shape recognition.

    Shapes Cave

    Here’s another website with interactive games.  Kids have to follow the directions and and click on the correct shapes.

     

    Additional Resources:

    Math Active

    This is a great site for teachers with tons of lesson plans and interactive games about shapes and other math content areas that could be extremely helpful in planning lessons and having games for students to play independently or at centers.

    Scholastic for Teachers

    This site is great for teachers to use for teaching math in grades K-2.  It includes games, links to assessment resources, learning activities and national standards correlations.

    Illuminations

    Here is another website that links to a student activity but is an excellent resource for teachers to use in finding activities and games, lessons and other web links.

  • Nobody Thinks Washington Gets it, Except Maybe Washington

    By Gary Howard

    A new Zogby poll illustrates the frustration, and wisdom, of the general public when it comes to judging the state of affairs in Washington, DC.

    80% That’s the percentage of likely voters who agree that the people in Washington, D.C. are out of touch with the rest of the country. Only 19% disagree and 1% are unsure.

    I will take a completely unscientific guess and say of the 19% who disagreed, most were involved with beltway insider business of some sort. I would only hope so.

    And then we have this other poll from Zogby showing that a slight percentage more (84%) of folks are smart enough to know that 3000 page monster bills are bad news anyway you slice.

    I am beginning to be more and more enthralled with the whole random selection of Congress idea.

  • Heidi Montag Unable To Chew Food After Plastic Surgery Marathon

    In this clip from the sixth season premiere of The Hills – airing Tuesday on MTV — Heidi Montag’s family grills her about undergoing an astounding 10 plastic surgery operations in one day, which has apparently left the ditzy reality star unable to properly chew her food.

    Ah — the price of beauty.


  • Royal Bank getting ahead of the curve with mortgage rate hikes

    After its third mortgage rate hike in less than a month, Royal Bank of Canada’s total increase is up to an even 100 basis points. In what is becoming an almost weekly occurrence, Royal boosted its five-year closed fixed-rate mortgage rate by 15 basis points to 6.25%.

    “With similar, but not as stark, increases in its other offers, this will obviously benefit profitability, but since it takes time for pricing changes to roll through the portfolio, this will not likely benefit second quarter earnings,” Barclays Capital analyst John Aiken said in a note.

    While the Bank of Canada has not increased interest rates yet, the market expects this will happen sooner rather than later. As a result, he said Royal appears to be trying to get ahead of the curve, so to speak, and believes that raising rates ahead of the central bank will not have too much of an impact on volume growth.

    “There is always an element of strategic gamesmanship in announcing mortgage rate changes outside of changes in the underlying interest rates,” Mr. Aiken said. “And while the remaining banks appear to be willing to let Royal sweat it out a little in front, we question why the others would pass up on the additional profitability, particularly if asset growth could slow.”

    Consequenty, the analyst does not believe that Royal will be lonely for long since profits will likely outweight any market share aspirations.

    TD Canada Trust wasn’t far behind Royal, raising rates on some mortgages between 15 and 25 basis points.

    Jonathan Ratner

  • A New Strategy for Cheap Solar Power in Africa: Pokeberries | Discoblog

    Pokeberries, whose red dye was famously used by Civil War soldiers to write letters home, may enable the distribution of worldwide solar power. Researchers at Wake Forest University’s Center for Nanotechnology and Molecular Materials are using the red dye from this weedy plant’s berries to coat their high-efficient, fiber-based solar cells, licensed by FiberCell, Inc. These fiber cells are composed of millions of tiny fibers that maximize the cell’s surface area and trap light at almost any angle–so the slanting sun rays of morning and evening aren’t wasted. The dye’s absorbent qualities enhance the fibers’ ability to trap sunlight, allowing the fiber cells to produce nearly twice the power that flat-cell technology produces. Because pokeberries can grow in almost any climate, they can be raised by residents in developing countries “who can make the dye absorber for the extremely efficient fiber cells and provide energy where power lines don’t run,” said David Carroll, the center’s director. According to Newswise:
    Pokeberries proliferate even during drought and in rocky, infertile soil. That means residents of rural Africa, for instance, could raise the plants for pennies. The primary manufacturer of the fiber cells could stamp millions of plastic fibers onto a flexible, lightweight plastic sheet, then roll up …


  • Android Market Now has More than 50,000 Android Apps

    According to AndroLib.com, Google’s Android Market has passed 50,000 Android Apps and counting! Just a few weeks ago they reported tipping over the 40,000 Android App marker. AndroLib stats and Google’s stats tend to differ as Google airs on the lower side. Just recently Google officially announced breaking the 38,000 Android App barrier.

    BTW… did you know you can browse all 50,000+ Android Apps on AndroidTapp.com?
    apps.androidtapp.com

    Algadon Free Online RPG. Fully Mobile Friendly.