Category: News

  • The Merck Rating That Got Everybody So Excited

    MerckMerck shares rose 3.7% yesterday; the WSJ, among others, cite Credit Suisse analyst Catherine Arnold’s decision to raise her rating on the stock to “outperform.”

    So what did Arnold say in the note that apparently added a few billion to Merck’s market cap? Here’s a bit of her reasoning:

    The pipeline has potential “to offer upside relative to investor expectiations.” She cites experimental drugs for blood clots and hepatitis, and a vaccine for staph.

    The company may cut spending (i.e. find “synergies”) beyond the $3.5 billion it already plans to cut.

    Merck’s projected earnings-per-share growth is higher than its peers, but its valuation as a multiple of estimated 2010 earnings is average.

    A key Vytorin study (IMPROVE-IT) will have an interim analysis this year, and the data will likely suggest the study should continue, Arnold said. (We should also note that Merck recently said that trial will take longer to complete than it initially estimated.)


  • Sony Torne Adds TV Tuning to the PS3…Again [PS3]

    Europe got the PlayTV, and now Japan is receiving a digital tuner for the PS3 of its own called the Torne.

    Connecting to the PS3 via USB, the Torne adds internet-based program search and DVR functions to the PS3 (that still work even when you’re watching a Blu-ray or something). Shows are recorded to either the PS3 itself or a connected USB hard drive.

    Then, if you have a PS3, the shows can be transferred to either it or an intermediary media card, or, and this is the neater part, you could watch the shows from your PS3 on your PSP using Remote Play (and Wi-Fi). The Torne is out in Japan this March for about $110, and it will also be bundled with Japan’s upcoming 250GB PS3. But there’s still no word on a US-based tuner. [Kotaku]







  • Retail Sales Unexpectedly Tank In December

    merci retailer escalator

    Wait, we thought retail sales rebounded in December. At least that was the impression we got from per-store measures. Something’s amiss.

    —-

    AP: Retail sales fell in December as demand for autos, clothing and appliances all slipped, a disappointing finish to a year in which sales dropped by the largest amount in 27 years of records.

    The weakness in consumer demand highlighted the formidable hurdles facing the economy as it struggles to recover from the deepest recession in seven decades.

    The Commerce Department said Thursday that retail sales declined 0.3 percent in December compared November, much weaker than the 0.5 percent rise that economists had been expecting. Excluding autos, sales dropped by 0.2 percent, also weaker than the 0.3 percent rise analyst had forecast.

    For the year, sales were down 6.2 percent, the biggest decline on records that go back to 1992. The only other year that sales had fallen was 2008, when they slipped by 0.5 percent.

    Join the conversation about this story »

    See Also:

  • New in the App Catalog for 13 January 2010

    App CatalogOne thousand one hundred eleven. Eleven eleven. Eleventy eleventeen. Or just 1,111. That’s just a wacky number to roll out of bed and see. But that’s how many apps there are in the Palm App Catalog right now, at least on the Palm Pre on Sprint – no saying how many you’ll find in other locales (except that it is depressingly less). Hopefully that’ll change sooner than later, but in the meantime we do have one thousand one hundred eleven apps to peruse, with the newest all listed after the break.

    read more

  • Google.cn decision (part 2) and China’s Foreign Ministry & White House responses

    For the record, I will list the China’s Foreign Ministry response to  David Drummond, Google Chief Legal Officer in Chinese and then English, both from Xinhua, the Chinese government officially approved, sanctioned, and mandated news source for all internal Chinese websites re the Google.cn decision (yes, it is illegal to quote or use any other news sources).

    From 新华国际 “2010年01月14日 (外交部网站) 姜瑜就谷歌、海地地震、印度逮捕中国工程师等答问“,

    问 [Question]:中国政府对谷歌公司宣布可能退出中国市场,不再和中国政府合作对网络内容进行审查有何回应?美国国务卿希拉里·克林顿要求中国对谷歌网络被攻击作出解释,中方对此有何回应?

    答 [Answer]: 我想强调的是,中国的互联网是开放的,中国政府鼓励互联网的发展,努力为互联网的健康发展营造良好的环境。中国的法律禁止任何形式的黑客攻击行为。中国同其他国家一样,依法管理互联网,有关管理措施符合国际通行做法。我还想强调,中国欢迎国际互联网企业在中国依法开展业务。

    关于第二个问题,如果美方联系中方,我们将向美方重申这一立场。

    From Xinhua “China says its Web open, welcomes Int’l companies“,

    China’s Internet is open and welcomes international companies, a Foreign Ministry spokesperson said Thursday, just two days after Google issued a statement saying it might quit China.

    Spokeswoman Jiang Yu told a regular news briefing that China encouraged development of the Internet.

    “China’s Internet is open,” said Jiang. “China has tried creating a favorable environment for Internet,” said Jiang while responding to a question on Google’s possible retreat.

    “China welcomes international Internet companies to conduct business within the country according to law,” she said. “China’s law prohibits cyber crimes including hacker attacks.”

    Here is the thing, China’s constitution is supposed to guarantee freedom of speech too but that hasn’t exactly done Prof. Liu Xiaobo (劉曉波) any good, has it? A sentence of 11 years imprisonment right on Christmas 2009 for signing Charter 08 along a few hundred other Chinese intellectuals and human rights activists.

    So the bottom line is that we will need to see what the discussion between Google and the Chinese government comes down to.

    Now Google has made a strong stand, I hope Google will make the right decision to be transparent and make the right choice between “good” and “profit”.

    See my Google.cn decision – part 1.

    P.S. What the Chinese based companies are saying now have little creditability in my eyes as the only way for them to survive is to obey the Chinese government.

    In fact, I will go one step further and treat all Chinese companies’ spokespeople and senior executives as mouthpieces of the Chinese government. I will be very surprised if they suddenly decided to grow some political spine right at the time when spinelessness is the best way to stay profitable in China and be friends of the Chinese government.

    P.P.S. For the record from NYT “Follow the Law, China Tells Internet Companies” (emphasis added),

    After a day of silence, the Foreign Ministry said that China welcomed foreign Internet companies but that those offering online services must do so “in accordance with the law.” Speaking at a scheduled news conference, Jiang Yu, a ministry spokeswoman, did not address Google’s complaints about censorship and cyberattacks and simply stated that “China’s Internet is open.”

    The remarks, and those of another high-ranking official who called for even tighter Internet restrictions, may speed Google’s departure and increase friction between Beijing and the Obama administration, which has made priorities of Internet freedom and online security.

    “The recent cyberintrusion that Google attributes to China is troubling, and the federal government is looking into it,” Nicholas Shapiro, a White House spokesman, said Wednesday. Beyond voicing concern, United States officials had yet to say how they might respond.

    If the foreign ministry’s comments were vague, those of Wang Chen, the information director for the State Council, or cabinet, were more pointed.

    In the transcript of an interview posted Thursday on the council’s Web site, Mr. Wang urged Internet companies to increase scrutiny of news or information that might threaten national stability and stressed the importance of “guiding” online public opinion.

    Web sites in China are required to employ people who monitor and delete objectionable content; tens of thousands of others are paid to “guide” bulletin board Web exchanges in the government’s favor.

    “China’s Internet is entering an important stage of development, confronting both rare opportunities and severe challenges,” Mr. Wang said. “Internet media must always make nurturing positive, progressive mainstream opinion an important duty.”

    Despite what appeared to be an unsympathetic stance toward Google, some analysts and writers saw an opening for compromise. Zhao Jing, a journalist and blogger popularly known as Michael Anti, described the government’s initial response as having struck a balance between moderation and not wanting to appear too quiescent to its domestic audience.

    He said Goggle’s stature and the United States’ increasingly vocal stance on Internet freedom could not easily be ignored. Google’s pulling out, he said, would “set a bad example for the business climate in China and make a joke of the government claims of a free Internet.”

    Such optimism was hard to find in the state-run Chinese media. Those that even covered the attack in much detail portrayed Google’s move as a cynical attempt either to embarrass Beijing or to escape its business failings in China. Even the English-language China Daily, which provides foreign readers a reliably liberal selection of news, ran on its front page the headline “Google Pullout Threat ‘a Pressure Tactic.’ ”

    Guo Liang, the director of the China Internet Project at the Chinese Academy of Social Sciences, said he thought Google’s accusations were little more than public whining. “Google may use politics as its excuse, which is easy for Westerners to accept, but in essence this is just a business failure,” he said. [k-note: A well-known Chinese entrepreneur gave the business failure rationale too.] “If I were the government, I wouldn’t even bother to respond.”

    Posted in blogging, China, Chinese, Democracy, digital democracy, ethics, Google, social media, social network, united states

  • Greg Laden on Unscientific America | The Intersection

    It’s a really thoughtful (if not uncritical) review, and what stood out perhaps most is this great passage:

    To combine my own personal view (which I have drifted into here, sorry…) with that of Unscientific America: Regular citizens and scientists are separated by a very narrow but very deep canyon, resting comfortably on either side of this canyon and vaguely aware of the others across the way. When science policy issues arise among the citizenry, the scientists don’t really play a role. When scientists lobby for their funding from the big agencies and other sources, they don’t really account for the people over on the other side of the canyon. This has been the case for years, and over this time, the social and cultural relevance of actual science has pretty much vanished among the [populace], and the ability to understand what motivates or interests the general public… or just even how to talk to them … has disappeared from the culture of science. Not that it was ever there. Looking back, it is clear that the bridges that did exist across this canyon were built by regular people inspired by the occasional super-communicator, such as Carl Sagan. Those bridges were not, in any systematic way, built by the scientists.

    Thanks, Greg, for taking the time and giving the thought. Please read his full review here.


  • Jimmy Fallon Remains Neutral In Conan/Leno Debate

    The always classy Jimmy Fallon isn’t taking sides in the Conan/Leno debacle. Sadly, that same graciousness hasn’t rubbed off on Jay and Conan themselves. NBC’s dueling men of late night seem to be turning on each other. There was a certain snippiness to the monologues of each man Wednesday, a day after O’Brien said he wasn’t willing to move The Tonight Show back a half-hour to make way for Leno.

    “Seven months!” Leno exclaimed on last night’s show, biting back at Conan’s complaint that he was only given seven months to create a lasting audience for his show. “How did he get that deal? We only got four.”

    O’Brien directed the sarcasm back at Leno, saying: “And I just want to say to the kids out there watching: You can do anything you want in life. … Unless Jay Leno wants to do it, too.”


  • SDG Systems’ Adds Bluebird Pidion BIP-6000 to Short List of “Rugged” Android Handsets

    SDG Systems has announced that and Android version of their Bluebird Pidion BIP-6000 handheld is available.  Based on Android 1.5, the BIP-6000 is designed Independent Software Vendors (ISV) and Value-Added Reseller (VAR) as well as end users who want to develop commercial applications for Android on a “rugged” handset.  When we say rugged, we mean it meets the “military standards for drops, vibration, temperature, pressure, moisture, and sand and dust exposure.”  Chances are, it can withstand more than you.The BIP-6000 sits next to SDG’s Trimble Nomad as the only two rugged handheld devices with Android backbones.  While the BIP-6000 comes with the Cupcake build today, Android 2.0/2.1 is expected later this quarter or early Q2.  Also expected in the same time frame is support for 2D scanning and RFID capabilities.

    Specs for the Bluebird Pidion BIP-6000 include:

    • 806 MHz processor
    • QWERTY or numeric keypad
    • 1D bar code scanning
    • 3MP camera with autofocus and flash
    • GSM voice, HSDPA 3G cellular data
    • VGA (480×640 resolution) 3.5″ TouchWindow LCD screen

    Front/Back of Windows Mobile Version

    Source: Engadget

  • Skin Your Dell Laptop With These Amazing Emil Kozak Designs [Laptops]

    Designer Emil Kozak has knocked together some graphic Dell skins which will help out the (Product) Red charity. There’s four different designs, with 23 color variations to choose from, and conveniently help disguise the fact that you own a Dell.

    They’re $65 each, and are available now. [Dell via Emil Kozak via 2Day Blog]







  • King’s generations: Pledge to be better people inspired by Civil Rights leader is written ‘in your anatomy’

    …Orr, a junior nursing student at Concordia University, will be among about 1,200 college students from 11 schools gathering at Concordia in north Portland, and then boarding buses to visit job sites across the city.…More than 100 University of Portland students will be involved in Monday’s gathering at Concordia, which was organized through Oregon Campus Contact, Hands On, United Way and 11 different colleges.

    »Read the entire article in the Portland Tribune.

  • CALIFÍCALO | Maracaibo | Teatro Baralt

    Teatro Baralt
    M A R A C A I B O

    El 28 de julio de 1877 el General Rafael Parra decreta la construcción del Teatro Baralt de Maracaibo el cual se basó en un diseño del ingeniero cubano Manuel de Obando.

    Su inauguración ocurre seis años después. El 24 de julio de 1883. Se trataba de un pórtico formado por cuatro impresionantes columnas toscanas y una terraza protegida con barandas de hierro. En el año de 1928, el Presidente del Zulia, General Vicencio Pérez Soto, ordena y ejecuta la demolición del viejo teatro. Cuatro años más tarde, se inaugura el nuevo teatro, diseñado por el arquitecto de origen belga León Jerónimo Hoet.

    El Teatro Baralt de 1932, de estilo arquitectónico neoclásico –a diferencia del antiguo, más bien arábigo– amplió la capacidad a casi mil butacas, incluyendo tres niveles de balcones, una platea inclinada, un sótano y un edificio adyacente para camerinos y baños y un escenario alto, con poca anchura de boca y mediana profundidad.

    Destaca en esta nueva etapa el aspecto de la decoración interior, a cargo del pintor zuliano Antonio Angulo, a quien el periodista y reconocido crítico de arte Sergio Antillano calificó como “el primer artista abstracto del país”, merced al estilo Art Decó del que hizo gala en el cielo raso o plafond de 540 metros cuadrados que conformó la techada del Teatro.

  • Free BeWeather application now in App World

    As we go through new BlackBerry themes every other week, I’ve been noticing that more and more have spots for weather applications on the home screen. It’s a great feature, really, especially when it’s also on the lock screen. Those are the screens we look at most often, and to have the current weather conditions handy proves useful in many situations. In yesterday’s theme review we looked at two themes with weather app slots. If you liked one of those themes, you might want to check out BeWeather. It’s a simple weather app, and now it’s available for free at BlackBerry App World.

    (more…)

  • Green Ink: Magical Climate Thinking, Offshore Wind, and Chinese Coal

    paperCrude oil futures hovered around $80 a barrel amid renewed confidence in the economic recovery. “Sentiment is such that dips below $80 are seen as buying opportunities,” an analyst tells Bloomberg.

    The U.S. CFTC will outline today limits on positions energy traders can hold, the belated response to worries speculators were behind big price spikes in 2008, in the WSJ.

    Iran will start winding down fuel subsidies, which eat up 30% of its budget, AP reports in the WSJ.

    If North Sea oil and gas production was already reeling, the recession kicked the industry while it was down and lowered investment in the region, in the FT.

    Want to know why President Obama’s clean-energy dreams have failed to materialize? Because it’s the same “magical thinking” that has prevailed since the Carter years, argue Nordhaus and Shellenberger in Foreign Policy. What’s needed instead is hard-headed investment in energy technology, they argue.

    Now that the health-care fight is over, T. Boone Pickens is back on his natural-gas powered soap box, in the NYT.

    Interior Secretary Ken Salazar says a decision on the Cape Wind offshore wind farm is due before April, a sign the decade-long scrum between clean energy and clean vistas is drawing to a close, in the NYT.

    The U.K. is going full hog on offshore wind, but that doesn’t mean the strategy is without its risks, in Green Inc. Offshore wind makes more sense for the U.K. than the U.S., but America still needs to do something big when it comes to clean energy, argues Geoff Styles. Because “small wind” sure isn’t doing the trick, in the WSJ.

    U.S. utilities are struggling to plan major infrastructure investments after two years of declining demand for electricity, throwing the sector into turmoil, in the WSJ. Utilities in California won’t meet their 2010 targets for renewable energy despite a heroic last-minute push, at Earth2Tech.

    Germany’s done too much—but the country is close to reaching an agreement to cut generous subsidies for solar power, hoping to avoid a Spain-style implosion, in Reuters.

    Finally, could China lose its appetite for coal? It could if reliance on coal starts to hurt, rather than enhance, energy security, at the FT’s Energy Source.


  • Scooped! Student News Blogs Challenge College Papers for Big Publication on Campuses

    Student-run Web sites are offering alternative “news,” ending a traditional campus monopoly on information.

    [Source: Chronicle of Higher Education]

  • Good experience at Ruby Tuesday

    I’ve been trying to expand my dining out experiences since having been diagnosed with diabetes and I can safely add another restaurant to the mix of those that make it easy for diabetics to follow as far as their limitations with carbs. I follow low carb eating so I ordered a Triple prime burger with cheddar cheese and bacon minus the ketchup and substituted regular mayonaise for the Ruby mayonaise. I took the bun off when I got the burger. (I never order without the bun anymore. It’s just as easy for me to remove it.) I also ordered a salad with no croutons and bleu cheese dressing on the side. Oh, and an order of steamed broccoli too. A good experience ordering and getting the food just as I need it and a very friendly and cooperative waitress too. 🙂

    BTW, if anybody needs their current nutritional info you can find it here:

    http://www.rubytuesday.com/files/allergen.pdf

  • Insulin for Mornings only?

    Hey guys,

    Been having some minor issues in the morning.. Going to bed with a low 5 (90) waking up with a high 5 so its not bad..

    Issue is, I am up at 6am and do just over an hour of driving.. Due to this i tend not to eat or anything first thing in the morning due to the side effects of my Met and my IBS.

    So what happens is by the time i get to work and eat (8am) i am up in the low 7’s and tend to starve myself at breakfast and lunch to bring my sugar back down to be back on track for dinner.

    Now i was talking to my doctor and he is concerned with my lack of eatting and insists i eat a hardy breakfast before i start my day. Due to many of my other issues, which would kill me on my blood sugar!

    Now i was talking to the Diabetes specialist at my local drug store and she said she has a few customers who have the same issues and has said that their doctors have put them on a fast acting insulin ( Humalog® (insulin lispro) ) which they take then eat there hardy breakfast and then take the met when they get to where they are going for maintaince?

    Can this be done, does anyone do it? Can you mix between the oral meds and insulin like that just for one meal with out complications? At least till I get my weight down and more healthy?

  • Azerbaijan, Iran sign gas contract

    http://www.news.az/articles/6480

    Azerbaijan, Iran sign gas contract

    SOCAR signs contract on supply of 100 mln cubic meters of Azerbaijani gas to Iran.

    The State Oil Company of Azerbaijan and the National Iranian Gas Export Company, NIGEC has signed a short-term contract on Azerbaijani gas supplies to Iran.

    The agreement in Baku was signed by SOCAR president Rovnag Abdullayev and NIGEC general director Seid Rza Kesaidzade.

    Abdullayev said the contract envisions supply of about 100 mln cubic meters of Azerbaijan gas to Iran. The term of supply is May-April 2010, the daily supplies will make 1.2 mln cubic meters of gas.

    "A long-term contract that we are planning to sign in summer of this year is now being prepared. The supply volumes will grow to 3-5 mln cubic meters daily within the framework of a long-term contract from autumn of this year", the SOCAR president said.

    He noted that Iran will be supplied with gas produced by SOCAR within the framework of a short-term and a long-term contract.

    The SOCAR president added that the State Oil Company intends to invest AZN 100 mln into expansion of a gas compressor station in Astara and repair of the Hajiqabul-Astara gas pipeline by autumn.

    "We have a very good infrastructure in the country’s north and Iran is ready to accept any volumes of gas from Azerbaijan", Kesaidzade has noted.

    As reported earlier, SOCAR and the National Isranian Gas Compnay signed a memo on supplies of Azerbaijani gas to Iran from 2010 on 11 November 2009. The supplies to Iran will be at least 500 mln cubic meters and this volume will grow after the repair of the gas transportation infrastructure.

    Interfax-Azerbaijan

  • Souped Up HP Envy 15 Shipping With USB 3.0 [Laptops]

    The HP Envy 15 isn’t my favorite laptop around, but if you buy one configured with both a Core i7 and ATI Radeon HD 5830, it’ll arrive loaded with USB 3.0. Oooooh! [CNET via Engadget]







  • Teddy Pendergrass Dies

    R&B singing legend Teddy Pendergrass has died. The velvet-voiced ’70s crooner — who rose to the top of the charts with panty-dropper like “Somebody Loves You Back,” “Love TKO,” and “Turn Off The Lights” — lost his battle against colon cancer at a surburban Philadelphia hospital on Wednesday. He was 59. Teddy was paralyzed from the waist down after he crashed his Rolls Royce into a tree in a car accident in 1982, but he continued to record and even released a hit album in 1990.

    His son, Teddy Pendergrass II said, “He will live on through his music.” In recent years, Pendergrass had invested his energy into creating a charity to help victims of spinal cord injuries, like his own.

    We’ve got to do something about this darn cancer. Still praying for a cure. Rest in Peace, Teddy.

  • Route 128 vs. Silicon Valley: Stop the Noize!

    Bill Aulet wrote:

    We just came back from spending a week with 95 MIT students in Silicon Valley drinking from the West Coast Fire Hose of Entrepreneurship. Our theme was “East meets West: The Unification Study Tour.” For us, the theme worked well. But some of those out west, as well as some back in the east and in the press, preferred to pursue a competitive approach, which I find not only unattractive and destructive but also incorrect.

    Most people love a competition with winners and losers where we can track them as they race along. We certainly love our rivalries: Red Sox vs. Yankees, Celtics vs. Lakers, and Patriots vs. Colts (oops—scratch that last one now). Some rappers had their own version of East Coast vs. West Coast. But these sorts of rivalries are not exactly how it works—especially with regard to innovation.

    In 1980, Bob Metcalfe (esteemed MIT graduate & co-inventor of the Ethernet) came up with his now-famous Metcalfe’s Law. The essence of his insight is that the value of the network to each user is exponentially related to the number of nodes on the network. So rather than there being a zero-sum game with “competing” innovation ecosystems, in many aspects the opposite is in fact the case, especially in the new digital “flat world.” That is, the success of one area should enhance the success of another.

    At MIT, we train our students to be great entrepreneurs globally, not just in Massachusetts. In fact, according to the widely cited report on the economic impact of entrepreneurship at MIT, written by MIT Sloan School of Management professor Ed Roberts and Charles Eesley, MIT alumni start 200-400 companies annually. Of those companies, an estimated 26-28 percent will be started in Massachusetts this year. In addition, an estimated 26-28 percent will be started in California. The punchline of this story is that these are not two competing ecosystems, but really one large, connected-at-the-source entrepreneurial ecosystem.

    Rather than spend our time and efforts arguing about winners and losers, or us vs. them, we at the MIT Entrepreneurship Center are focused on leveraging Metcalfe’s law through our second principle of operation: “collaboration.” We will spend our time and efforts to build connective tissue between East and West…and other areas, too. There are very interesting things happening outside Route 128 and Silicon Valley that we could all learn from and gain from by working together. So next time someone starts talking about Silicon Valley vs. Route 128 or Boston, ask them to “stop the noize!” We can all gain by a mindset of working together. Let’s spread the love around and innovation will flourish…and then we all win. Leave the score keeping to the sports page.