Category: News

  • Yankee scientists were right about rocks from the sky | Bad Astronomy

    What on Earth could have created a hole like this in the roof of a house in Cartersville, Georgia?

    georgia_meteor_hole

    Why, nothing. Nothing on Earth, that is. Because here’s the culprit:

    georgia_meteorite

    Yowza. That’s a stony meteorite, and in March 2009 it came screaming down out of the sky and punched that hole! The cube is one centimeter (about a half inch) on a side, and is used for scale. What a great specimen! And it weighs in at 294 grams — more than half a pound — so it’s hefty. It must’ve been moving at quite a clip when it smacked that house, probably a couple of hundred kilometers per hour.

    And if you want to see it for yourself, and live near Atlanta, now’s your chance: The Tellus Science Museum will have the rock on display — together with the roof and ceiling under it that get whacked — starting tonight at 6:00 p.m. as part of their Earth Day event.

    I wonder if it’ll still be on display when Dragon*Con rolls around…

    And if you’re wondering about the post title, then this might help. Given the museum’s location, it seemed appropriate.


  • Daily Data Dump (Thursday) | Gene Expression

    Cupp, unsupported. S. E. Cupp, sellout, or really, really, confused. That’s how you describe an atheist who accepts evolution, and, who defends the teaching of Creationism in science classes (as a conservative I’m skeptical that she’s a down-the-line majoritarian).

    The Red Bias. Red as the color of success?

    Of Yeast and Men. Reviews the recent attempt to finding QTLs of small effect via “Extreme QTL Mapping.” What may be doable in yeast may be harder in men.

    Claim Jumper: World’s Unhealthiest Restaurant. Is it me, or do these casual dining chains which are oriented toward value always brightly lit? And their food is always super-vivid in their coloring. Contrast with higher end steak houses.

    The Apple Secrecy Machine. Secrecy wouldn’t matter if the products weren’t useful.

  • If you want to be a NFL player, you need to learn to use MOTOBLUR

    The NFL Draft starts tonight and Chad Ochocinco will be bringing you the latest news from his Android-powered Motorola Devour. As we reported last week, Ochocinco and Motorola launched OCNN as the first athlete-managed social news network.

    This week Ochocinco announced he has enlisted help from New York Jet cornerback Darrelle Revis (@revis24). Revis will pair up with another newly announced reporter, and top five NFL prospect, Gerald McCoy (@GK_McCoy), to provide unique insider coverage at the NFL draft.

    The team will deliver Facebook and Twitter updates throughout the draft using Motorola’s MOTOBLUR technology.  If you would like to see live footage from the draft, check out the latest OCNN coverage videos at motorola.com/ocnn, and check back daily this week for the latest news from OCNN.

    If you are a Verizon customer, don’t forget about the new NFL Mobile app that also has live draft coverage.

    Related Posts

  • Chevrolet Volt MPV5 Electric Concept – Car News

    Chevrolet Volt MPV5 Electric Concept

    GM has shown a few variations of the Chevrolet Volt before—the headed-for-production Opel Ampera, the gorgeous Cadillac Converj concept, and the sporty Opel Flextreme GT/E among them—and now comes a more family-friendly twist on the extended-range hybrid formula. The Chevrolet Volt MPV5 concept, debuting at the 2010 Beijing auto show, is a five-passenger MPV that uses the Volt’s platform and extended-range powertrain technology.

    Keep Reading: Chevrolet Volt MPV5 Electric Concept – Car News

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  • Contentious Final Arguments Wrap Up Bysiewicz AG Trial; GOP Lawyer Likens Her Stance To Tantrum: ‘Waah, Waah!’

    In a quarrelsome end to an extraordinary trial, the lawyer for the Republican Party said Thursday that a judge should throw out the lawsuit in which Secretary of the State Susan Bysiewicz seeks a ruling that she is eligible to run for state attorney general.

    “Waah, waah, waah! I want to be attorney general, and I’m going to get my way in court!” is how the GOP’s lawyer, Eliot Gersten, characterized Bysiewicz’s stance as plaintiff in her lawsuit against her own office and the Democratic Party, which she wants to nominate her for attorney general on May 22.

    Gersten’s comment touched off an animated finale to lawyers’ arguments in the Hartford Superior Court trial that began April 14. The judge, Michael Sheldon, didn’t commit himself on when he’ll make a decision, but it won’t be this week.

    Gersten said that Bysiewicz and her lawyers didn’t produce a single witness to demonstrate that anyone in state government or the Democratic Party would deny her the right to be a candidate for the attorney general’s nomination. Thus, he said, she hasn’t been aggreived legally and had no right to put everyone through the turmoil – he used the Yiddish term “mishigas” – of the lawsuit and trial.

    Gersten said Bysiewicz wants to use Sheldon as a political tool – by showing off his ruling to Democratic convention delegates as an “endorsement” validating her candidacy.
    The Democrats’ state nominating convention is May 21 and 22, and Gersten said there’s no legal issue for Sheldon to rule on until at least after that.

    Bysiewicz’s lawyer, Wesley Horton, indignantly responded that Gersten had contradicted his own claims about whether the judge should rule on the case. Horton said Gersten had argued both that Bysiewicz’s lawsuit has been brought too early and too late to be considered.

    Horton said he didn’t need to call any witnesses to demonstrate to Sheldon that there is urgent issue that needs to be ruled on; he said the Republicans’ vigorous intervention in the lawsuit – what he called the GOP’s “sound and fury” in an effort to show Bysiewicz as qualified — has been proof enough that “there is a cloud” of doubt over her.

    The contentious exchange broke out during nearly an hour of arguments Thursday, bringing the total length of final arguments since Tuesday to nearly five hours – among the longest in the history of Connecticut civil cases. Sheldon didn’t commit himself on when he’ll issue a ruling; he said he’ll work with “all deliberate speed.”

    Before Thursday, the trial had delved into other questions Sheldon also is considering: whether Bysiewicz has the 10 years experience in the “active practice” of law in Connecticut that a state statute requires the attorney general to have; and whether that 10-year requirement is constitutional.

    But Thursday was reserved for Republicans’ “jurisdicational” claims — the argument that, in effect, there is no legitimate issue yet over which the court has any jurisdiction to even make a ruling.

    Gersten filed a legal memorandum before Thursday’s proceeding. “Fear and speculation do not equate to jurisdiction,” he wrote. He said Bysiewiecz, as the plaintiff, has “failed to present any evidence from any member of the Democratic Party that there was a question or uncertainty as to her legal right to be a candidate for Attorney General.”

    “Indeed, the plaintiff offered no evidence, other than her baseless ‘fears,’ that someone, anyone, with the authority to do so, acted or even intended to act to stop her from having her name placed on the ballot in the … Democratic Convention,” he wrote. “Unfortunately, the plaintiff’s fear or speculation is not sufficient to invoke the legal remedy of a declaratory judgment.”

    In court, he said that all Bysiewicz wants is a “pre-emptive” ruling from Sheldon to show off at the state convention in an effort to overcome delegates’ doubts that she has enough legal experience to qualify. He said this would allow her to say, “Who cares about what the media says? Judge Sheldon says this is OK.”

    Horton said this is the first time in his long career that he’s heard an opposing counsel argue that a lawsuit has been brought too early and too late at the same time.

    The “too early” argument, he said, is when Gersten said there’s been no harm done to Bysiewicz’s nomination hopes with the convention still a month away. The “too late” argument, according to Horton, was a statement by Gersten that before Bysiewicz declared her candidacy for attorney general in January, she should have resolved the issue of whether she has 10 years’ experience in the “active practice” of the law in Connecticut.

    The only way to resolve that question, though, Horton said, was to bring the lawsuit for a judge’s “declaratory ruling” that she is qualified. That was the very remedy recommended by the current attorney general, Richard Blumenthal, in his recent written opinion that it’s unclear what “active practice” means and that only a judge could define it, Horton said — so that’s what Bysiewicz is doing.

    He said that Gersten, by arguing that it’s too early for a ruling about Bysiewicz’s eligibility, seems to be arguing for potential confusion and the waste of citizens’ votes. He noted that Gersten says it’s too early for a ruling, but hasn’t specified when Bysiewicz would finally have the right to get her answer in court — whether it would be after the Democrats’ convention, or after their Aug. 10 nominating primary, or even after the November election and her possibly taking office in 2011.

    Horton said the final scenario opens the possibility that citizens could vote someone into office, and then see their votes wasted by a lawsuit that knocks out the candidate afterwards as ineligible. The replacement for the ousted attorney would be appointed by the new governor, taking the decision away from the voters, he said.  And so, Horton said, it’s a question that should be resolved up-front — now.

    But Gersten said the burden is on Bysiewicz to show the judge that the case is rupe for a decision now — something Horton did not dispute.  Gersten said he is amazed that Bysiewicz and her legal team didn’t feel the need to put any Democratic party officials, or one of thousands of delegates, on the stand to testify that Bysiewicz needs a court ruling.

  • Massey Denies It Prevented Miners From Attending Funerals

    Charleston, W.Va. — In my piece today, I quoted the wife of a worker at a Massey Energy coal mine who said the company denied her husband’s request to take time off to attend the funerals of friends who died in the April 5 explosion at Massey’s Upper Big Branch Mine.

    I put in a call to Massey to ask if it was the company’s policy not to grant time off to attend funerals. Just now, I got a call back from Massey spokesman Troy Andes, who said, “We know of no instances when miners were denied a request to attend a funeral.”

    It’s worth mentioning, though, that even if Massey has no policy along these lines, most of the mines are run by Massey subsidiaries that may have their own policies.

  • Congressional Hearing Presents Narrow View of Catch Shares

    U.S. House hearing room at the April 22, 2010 hearing on catch shares and communities.

    A hearing today in the House Committee on Natural Resources, Subcommittee on Insular Affairs, Oceans and Wildlife mostly overlooked evidence of the benefits of catch shares and instead zeroed in on fears. Out of the eight witnesses who testified, just one was a fisherman, Bob Dooley, who has actually fished in a catch share program …

    Read the full post raquo;

  • 2010 Beijing: 2011 Maybach range unveiled, will it be the last?

    2011 Maybach 62 Premiere Night, Beijing 2010

    At the 2010 Beijing Motor Show, Daimler unveiled the new facelift 2011 Maybach. This may be the last ever Maybachs coming out of Daimler because it seems like the executives refuse to sign off development on new models.

    The Maybach 57 and 62 are still powered by a V12 542-hp engine with better fuel-economy. The 2011 Maybach 57S and the 62S get an extra 18-hp for a total of 630.

    There are some styling changes to the exterior including a chrome radiator grille, which is different in style between the standard 57 and 62 models and the S versions, a redesigned bonnet, a reshaped front bumper, modified side-view mirrors and a new rear light design.

    Designers also added 11mm to the car’s length and 17mm to its width.

    2011 Maybach 57/62:

    – By: Kap Shah


  • Closing Bell: Here’s What You Need To Know About What happened Today (MSFT, AMZN, GS, XHB)

    Thailand Red Shirt ProtestHealthcare having a hard day, but everything else is roughly flat.

    U.S. Markets:

    • DJIA: Up 9.37, or 0.08%, to 11134.29
    • NASDAQ: Up 14.46, or 0.58%, to 2519.07
    • S&P 500: Up 2.74, or 0.23%, to 1208.67

    Commodities:

    • Oil: Up 0.06, or 0.07%, to 83.74.
    • Gold: Down 4.50, or 0.39%, to 1142.50.
    • Silver: Down 0.09, or 0.53%, to 18.

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

    • President Obama’s speech to the banking community in New York is getting positive reviews, as the momentum is turning towards passing financial reform. Democratic leader Sen. Reid plans on moving the financial reform bill to the Senate floor as early as Monday.
    • The Thai capital of Bangkok is under siege at the moment with 70 hurt and 3 killed in bomb blasts in the city. The military is blaming anti-government protesters, who are fighting to have former Prime Minister Thaksin Shinawatra brought back to power.
    • U.S. housing sale numbers boomed today, beating expectations in March. Homebuilders are reaping the rewards, with the industry ETF (XHB) rising nearly 4% today.
    • The SEC’s case against Goldman Sachs is continuing to deteriorate, with the deal’s structurer, ACA, being found out as the root of much of the deal’s losses. That removes some of the blame from Paulson and Co.’s mortgage selections, which were pushed for by Goldman Sachs.

    Join the conversation about this story »

  • Report: WellPoint Targeted Then Dropped Breast Cancer Patients

    Is it too late for WellPoint to get into the Worst Company In America competition? A new report says the insurance giant and its subsidiaries have been deliberately targeting policyholders recently diagnosed with breast cancer and going to great lengths to have their policies nullified.

    According to Reuters, WellPoint, who cover 33.7 million Americans through its numerous subsidiaries, “used a computer algorithm that automatically targeted them and every other policyholder recently diagnosed with breast cancer. The software triggered an immediate fraud investigation, as the company searched for some pretext to drop their policies.”

    After being singled out by the computer, their policies were canceled “based on either erroneous or flimsy information.”

    WellPoint has been singled out before by Congress for being a major practicer of “recission,” the process of weeding out policyholders after they’ve been diagnosed with a medical condition that could cost the insurer a significant amount of money.

    In a statement to Reuters, WellPoint said that “various specified criteria trigger rescission investigations, including certain types of medical claims.”
    WellPoint swears, hand-on-heart, that it changed its rescission practices to ensure they are handled appropriately after a 2006 review.

    To show just how much they care about the health of their policyholders, WellPoint even went so far as to add a doctor to the committee that makes decisions on recissions.

    In recent months, another insurance company, Assurant was caught targeting and then dropping HIV-positive policyholders.

    Of interest: Assurant lost out in the first round of Worst Company in America to Anthem Blue Cross Blue shield, which is a major subsidiary of WellPoint.

    Exclusive: WellPoint routinely targets breast cancer patients [Reuters]

  • T-Mobile’s new myTouch 3G Slide(s) into June

    Testing began for the new T-Mobile myTouch 3G Slide earlier this month, but the carrier has not officially announced the device yet. Early rumors placed the phone launching around May 17th, but new information suggest the release date has been pushed back a couple weeks. TmoNews is reporting the myTouch 3G Slide is now scheduled to appear around June 2nd.

    T-Mobile is also set to launch the Android-powered Garminfone this spring so it will be interesting to see which phone hits first. Both devices feature similar hardware specs (600 MHz ARM11 with 3.5 inch display), but the Garminfone runs Android 1.6 while the Slide includes the new Android 2.1.

    The Slide has generated the most buzz for an upcoming T-Mobile phone, while customers have been unimpressed with the Garminfone. We should be reviewing both phones in the next couple of months so we will put them head to head. For more details on the Slide, check out our early impressions and the screens from the Espresso UI.

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  • Technology alert: The dipstick’s demise is blamed on dilatory drivers

    Filed under: , , , ,

    The practice of opening the hood at every fuel stop used to be routine. With an oil-soaked rag in hand, the worker reached over and pulled out the hot metal dipstick, and after a quick cleaning swipe, the dipstick was plunged back into its tube and pushed down into the sump of scalding oil. Withdrawn again, a tell-tale black film in the middle of the scored lines marked the oil level very accurately.

    Today, many late model vehicles are running sans oil dipstick. Electronic oil level senders have replaced the metal rod – to the bafflement and frustration of the few remaining hands-on enthusiasts everywhere.

    In an effort to find out who exactly is responsible for the dipstick-abolishing movement, Autoblog contacted Audi, BMW and Porsche – three respected German automakers who have embraced the technology for several years. All three gave us the same answer. Contrary to Internet rumors, the elimination of an inexpensive metal rod is not a cost-cutting measure, nor is it an environmental issue (word on the web said each check of a dipstick introduced ounces of polluting dirty oil into the ecosystem).

    Quite frankly, the automakers point out that we simply don’t need dipsticks anymore. Why? Because owners don’t use them. While they don’t specifically say it, those who engineer and assemble our new cars (and guarantee new vehicle warranties) are much more comfortable knowing that a silicon chip is monitoring the oil level – not a consumer who hasn’t checked tire pressures (or even opened the hood) since the last time the Vikings won the Super Bowl.

    Today’s comatose driver expects everything to be automated – and it is. Look no further than the myriad of digitized warning lights on the dashboard when the key is turned (um… make that the start button). Don’t blame the automakers for the disappearance of the dipstick – blame the public at large.

    Photo by Michael Harley / Copyright (C)2010 Weblogs, Inc.

    Technology alert: The dipstick’s demise is blamed on dilatory drivers originally appeared on Autoblog on Thu, 22 Apr 2010 15:01:00 EST. Please see our terms for use of feeds.

    Permalink | Email this | Comments

  • Everybody Loves Raymond Pandora

    zuckerbergonpandora.JPG

    Facebook CEO Mark Zuckerberg on Pandora

    Success, they, say has many friends. Tim Westergren (founder) and Tom Conrad (chief technology officer), the guys who are the public face of the much-in-demand online music startup, Pandora, would undoubtedly agree. After struggling for most of its life, the company, whose service allows you to create a radio station based on the music you like, is suddenly a Silicon Valley darling.

    Such adoration was made clear at the f8 conference yesterday, when Facebook CEO Mark Zuckerberg singled out Pandora’s service and its tight integration with the social networking site’s new platform. He’s not the only one who’s fallen in love with Pandora. A few weeks ago, it was showcased by Apple CEO Steve Jobs at the launch of iPhone 4.0 OS. Phone companies and even Ford talks about it in reverential tones. In short, Pandora is everywhere.

    And why not? According to Appitzr, Pandora is the most popular free app on the iPhone platform; it’s among the most downloaded and used apps on the Android platform as well. Pandora has more than 50 million listeners, nearly 40 percent of which access the service on mobile platforms.

    Which is somewhat ironic given that the company, which is 10 years old, was until recently always a half-step away from being in trouble. Whether it was running out of money or faced with draconian royalty rules, Pandora seemed like a Silicon Valley tragedy.

    But I have known Westergren and Conrad for a long time and as such, have learned a lot about them as people. And I believe that much of their success can be attributed to their never-die (and sometimes foolish) optimism.

    Westergren looks like a surfer dude; he has a totally chill vibe. When things got really hard back in 2008, he kept his wits about him, never once letting his emotions get the best of him — all while managing to keep Pandora up and running. We entrepreneurs should learn from that.

    pandoraatiphonelaunch.gif

    Tom & Tim at Apple's iPhone 4.0 OS launch event.

    Did you know, for example, that he did more than 300 meetings with venture capitalists, most of which resulted in bupkiss? Of course, all that changed with the arrival of the iPhone and Pandora’s iPhone app. And in July 2009 the company raised $35 million. With total sales of about $50 million last year, it is well on its way to being profitable and has investors lining up to give it more money. There’s even talk of an initial public offering.

    I bumped into Westergren and Conrad at f8 and joked about the company’s darling status. They just looked at me, grinned sheepishly and excused themselves. Amazingly, all this success hasn’t changed them.

    Related content from GigaOM Pro (sub req’d):

    Forget Syncing, Let’s Put Music in the Cloud!

  • Sprint 4G Case for iPad review

    Sprint 4G Case labeling

    A few days ago, we applauded for the way they were promoting their service in conjunction with the launch of the iPad with their Sprint 4G Case. Obviously marketed towards the iPad buyers to get them to choose using a Sprint Overdrive 4G device rather than AT&T’s 3G plan, Sprint teamed up with Best Buy to give these cases away for free to anyone who’d purchase an Overdrive mobile hotspot at a participating Best Buy location.

    Since we are in a 4G-enabled area, we figured we’d head on over to Best Buy to see if we couldn’t finagle one of the Sprint 4G Cases from the store. We weren’t going to be buying an Overdrive hotspot (we already have one,) but we were willing to just pay for one if that’s what needed to happen. The first surprise came when Best Buy told us that we certainly could just buy one outright, and that it would cost us a full $0.01. A penny. For an iPad case! We gladly paid for it, and were on our way.

    Now, I didn’t recall exactly what the case that was advertised from Sprint looked like, but we did immediately think “Huh, this feels kinda cheap – I thought it would be better than this.” When I got back, I took a look at the Sprint 4G Case promo again, and it was obvious – the case that Sprint is promoting on the site is not the same case that you will actually receive at Best Buy.


    Gallery: Sprint 4G Case for iPad review

    Continue reading Sprint 4G Case for iPad review

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    Sprint 4G Case for iPad review originally appeared on Gear Live on Thu, April 22, 2010 – 12:00:34


  • iFixit Expands Guides to More Than Just Macs [DIY]

    You know iFixit from their Mac repair guides and parts. (They estimate they’re the second-largest supplier of Mac parts next to Apple.) Now they’re expanding to create repair guides and manuals for everything. More »







  • Now, Apparently It’s Not Just Content Providers That Are Getting A Free Ride On Broadband Networks, But Consumers Too

    One of US telcos’ favorite talking points is the “free ride” that Google and other content providers get on their networks. It’s fundamentally wrong, since Google and others obviously pay their bandwidth bills, but it’s also conceptually flawed, as telco execs seem to think it’s their networks, rather than the content which travels over it, that consumers value. The stupidity isn’t bounded by this country’s borders, though, with the head of a UK broadband-via-satellite provider saying that “Neither consumers or providers are bearing the cost” of data traffic over broadband networks. With that, we’d like to extend our usual challenge to the exec: if neither consumers or content providers are paying, how about paying their bandwidth bills for a month?

    The exec contends that broadband providers will all eventually move to usage-based pricing, and in a letter to the Financial Times, says that when they do, “content free loaders will suddenly find that demand falls dramatically”. Perhaps it’s just a typo, and he meant to say “broadband providers will suddenly find that demand falls dramatically”? Once again, the exec fails to understand that people don’t buy network access from his company just for the sake of it, they buy it for access to content. If he, or any other provider, starts putting walls up between consumers and the content they want to access, whether through walled gardens or usage-based pricing (really just a code word for “much higher fees”), they will reduce the value of their customers’ connections, and subsequently what they’ll pay for it. So if the end result of a shift to usage-based pricing is decreased usage — and subsequently no real change in providers’ revenues — what good is the shift?

    Permalink | Comments | Email This Story





  • Who Is Goldman-Sachs Working For?

    Turns out that Goldman Sachs’ CEO Lloyd Blankfein is upset with the SEC because the Suit will “Hurt America”.

    Lloyd Blankfein on Wednesday attacked the Securities & Exchange Commission’s fraud charges in telephone calls to clients as Goldman escalated its campaign to stem the damage to the bank’s reputation.

    One person who received a call from the Goldman chief said he was told the regulator’s case against the bank was politically motivated and would ultimately “hurt America”….

    “He was very aggressive,” said one person called by Mr Blankfein on Wednesday. “He feels that the government is out to kill them, that they are under attack and the whole thing is totally political.”

    And yes, he believes what he is saying because from his perspective, serving the shareholders and the “purposes of society” is the supreme purpose of Goldman Sachs.

    “Is it possible to have too much ambition? Is it possible to be too successful?” Blankfein shoots back. “I don’t want people in this firm to think that they have accomplished as much for themselves as they can and go on vacation. As the guardian of the interests of the shareholders and, by the way, for the purposes of society, I’d like them to continue to do what they are doing. I don’t want to put a cap on their ambition. It’s hard for me to argue for a cap on their compensation.”

    So, it’s business as usual, then, regardless of whether it makes most people howl at the moon with rage? Goldman Sachs, this pillar of the free market, breeder of super-citizens, object of envy and awe will go on raking it in, getting richer than God? An impish grin spreads across Blankfein’s face. Call him a fat cat who mocks the public. Call him wicked. Call him what you will. He is, he says, just a banker “doing God’s work”.

    Making it harder for Goldman Sachs to pillage and loot their customers and the American public will make it harder for them to do “God’s work” in the future. After all, they are the masters of the Universe and owed their rightful due. And the rest of us that object to paying off their gignormous bets just have to shut-up and stuff it according to Blankfein.

  • More EcoBoost™ Engines Will Drive the Future for Ford

    More EcoBoost™ Engines Will Drive the Future for Ford

    The Ford EcoBoost™ engines will power as much as 90 percent of the company’s North American nameplates by 2013.EcoBoost is available now in the Ford Flex and Taurus, and Lincoln MKS and MKT.

    EcoBoost will be expanded to 11 global nameplates with the addition of three new variants.

    The next three EcoBoost engines include a:

    •1.6-liter four-cylinder that will be offered in the European Ford C-Max
    •2.0-liter four-cylinder for the next-generation Ford Explorer and Edge
    •3.5-liter V6 for the Ford F-150

    Ford engineers have upgraded the 3.5-liter EcoBoost V6 for rear-wheel-drive applications. In the F-150, the EcoBoost is expected to deliver best-in-class fuel economy along with the power and towing capability of a V8.

    EcoBoost technology combines direct fuel injection, variable cam timing and turbocharging to reduce fuel consumption, CO2 emissions and cut vehicle weight, while giving drivers the performance of a bigger engine.

    While Ford is rolling out the first generation of EcoBoost engines, researchers are studying ways to create smaller future EcoBoost engines, while preserving performance and raising fuel economy.

    “We are trying to get in front of the pack in leveraging EcoBoost for fuel economy,” Kapp said. “It’s going to be a trend in the industry, and we can’t rest on our laurels for one minute.

    We are going to keep wringing more efficiency out of EcoBoost.”

    EcoBoost is a key technology that will enable Ford not only to fulfill the company’s goal to be among the leaders in fuel economy in every segment, but also to meet the federal government’s new 35.5 mpg fuel economy standard, which takes effect in 2016.

    Read more

  • Morgan Stanley: Forget Decoupling, It’s Still The US Consumer That Controls The World Economy

    Some good thoughts from Morgan Stanley analyst Sophia Drossos on the tight link between Asian and US economies, and implicitly why you should be freaked out if Mr. and Mrs. American consumer ever tire of spending..

    The main message from the BoC and other central banks
    seems to be that the external environment is becoming more
    positive as the drivers of the global recovery broaden out. 
    Increasing strength in the US economy is augmenting the
    strong growth observed in EM, suggesting more durable
    prospects for the global economy.  The influence of improved
    US growth can be seen indirectly in some of its trading
    partners.  Indeed, the rebound in Canada, Mexico and AXJ
    economies hints that the US economy may have more
    forward momentum than many currently believe.  Decoupling
    was disproved during the financial market crisis as EM
    economies succumbed to the growth slowdown in the
    developed world.  If decoupling didn’t hold on the way down,
    why should it hold on the way back up?

    Though it is true that Asian growth has led the global
    economy out of the recent recession, historically, AXJ growth
    is very tied to US growth too.  As Exhibit 1 shows, AXJ growth
    has a strong relationship with US growth.  Strong trade ties
    between the two regions help to explain a significant portion
    of this, as US consumption fuels the Asian production cycle. 
    This point is underscored by the strong relationship between
    AXJ exports and US GDP.  It is notable that industrial
    production (YoY basis) in some of the US’ main trading
    partners has rebounded to pre-recession levels.  Given this
    production is typically bound for developed markets, and the
    US comprises the largest part of that, circumstantial evidence
    of the improvement in the US economy continues to mount
    (Exhibit 2).  

    Our US economics team projects US GDP at 3.25% this year,
    strong enough to trigger Fed rate hikes in Q3.  While many
    market participants continue to doubt the sustainability of the
    US recovery, the circumstantial evidence is building.  In that
    vein a repricing of US growth and interest rate differentials is
    likely.  Long USD/JPY (target 109 by end-2010) and short
    EUR/USD (target 1.24 by end-2010) offer good ways to
    position for an upside surprise in US growth prospects.  In
    addition, we suggest going long currencies with strong trade
    ties to the US, such as MXN and CAD.  We still favor long
    CAD vs short AUD given that the global growth engine is
    likely to be increasingly powered by the US economy rather
    than Asia this year.  With a lot of good news priced into AUD,
    it is likely to cede ground to CAD.

    chart

    chart

    Join the conversation about this story »

  • DocsToGo for webOS ‘at a standstill’

    This hurts: DataViz has come right out and said that DocsToGo for webOS is no longer under active development, which is to say we have no idea when or if we might expect it happen on webOS. So writes Kathleen McAneany of DataViz:

    We are continuing our efforts to work with Palm to clear the path for a full editing version of Documents To Go. However, given the current environment at Palm, as well as the necessary collaboration with the device manufacturer that is required to bring an app like ours to a platform like webOS, our Documents To Go editor product for webOS is essentially at a standstill.

    As soon as we have any additional information, we will inform you immediately.

    Thanks for your passion surrounding our solution.

    We’ve gone from hope, to hoping for Early 2010, to ‘no ETA,‘ to a ‘standstill.’ This is a big blow for Palm, since true document editing was one of the missing pieces for making it a true business phone. We don’t want to parse words too closely here, but when we read ‘given the current environment at Palm,’ we’re not exactly filled with warm feelings. Pretty hard to see this as anything put DataViz putting the ball in Palm’s court.

    DataViz makes it a little clearer on Twitter: "[…] we can only work so hard without help from the manufacturer. Tough to write an robust office suite all in javascript."

    If nothing else, this news puts an exclamation point on the interest in X-Server/Open Office and other community-based attempts to build an office suite for webOS.

    Thanks to miles4000 and Colonel Kernel for the tip!