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  • How to help people with non-textbook eating disorders?

    We all know about anorexia and bulimia. Those are problems that have long been documented and that the health community — more or less — knows how to define and treat.

    But untold people out there clearly have issues with food that aren’t so easily labeled. Take the case of Abby Ellin, author of Teenage Waistland: A Former Fat Kid Weighs in on Living Large, Losing Weight and How Parents Can (and Can’t) Help. As a young adult who’d spent years attending summer fat camps, she strictly monitored her calorie intake one day only to go crazy eating whatever she wanted the next.

    The Ednos problem

    People with problems like Ellin’s these days are usually diagnosed as having Ednos, an acronym for eating disorder not otherwise specified. Meaning there’s clearly something wrong but it doesn’t fit into the standard definitions of what an eating disorder looks like.

    Ednos is so common it’s now diagnosed more often than anorexia or bulimia, with about 4 percent of American women been labeled with the disorder every year. Some of the disorders that fall under Ednos include:

    • binge eating without purging
    • picky eating
    • chewing food but spitting it out before swallowing
    • night eating
    • compulsive exercising
    • orthorexia

    As you can imagine, many in the medical community think that Ednos is much too big and vague a category. For one thing, there’s no way you’d treat a picky eater in the same way you’d treat someone who binges frequently. Labeling someone as Ednos doesn’t really help them understand the problem and doesn’t provide a certain solution to their particular issue.

    The definition of Ednos is set to be revised in the 2013 edition of the Diagnostic and Statistical Manual of Mental Disorders, perhaps with some of the subsets of the disorder given their own definitions.

    Not good enough for a real disorder

    The label of Ednos sometimes gets people thinking that they’re not good enough to have a “real” eating disorder and that they need to try harder to lose more weight to get a more definite diagnosis. Many people with Ednos are normal weight or even a little overweight, so they might not seek treatment as quickly as someone with a more easily recognizable disorder.

    Another problem is that insurance often doesn’t pay for treatments related to Ednos, while it might pay for anorexia or bulimia treatments.

    (By Sarah E. White for CalorieLab Calorie Counter News)

    From the RSS feed of CalorieLab News (REF3076322B7)

    How to help people with non-textbook eating disorders?

  • What Does Scott Brown Mean for the Health-Care Debate?

    CapitolSo maybe that big health-care bill won’t pass. Either that, or the Dems will have to thread the legislative needle even as opposition to the bill is running high. That’s the gist of this morning’s Washington coverage (e.g. WSJ, Washington Post, New York Times, Politico).

    The key points:

    • Scott Brown’s win in Massachusetts means the Dems no longer have a filibuster-proof majority in the Senate. That means Republicans could (and almost certainly would) block any wholesale changes to the Senate health-care bill.
    • The House could pass the same version of the health-care bill that already passed the Senate, and send it to the President’s desk. Some further tweaks to the health-care overhaul could be made under a process known as reconciliation, which requires only a simple majority in the Senate.
    • Or House Dems could balk, both because they don’t like some of the provisions in the Senate bill, and because of popular opposition to the health-care overhaul. Rep. Anthony Weiner, a New York Dem who had earlier pushed for a single-payer system, seems to be in this camp. “I don’t think I can vote for the Senate bill, and I don’t think there are the votes in the House for the Senate bill,” he said, according to the WSJ.


  • Ifbyphone, VoIP Apps Provider Buys Cloudvox

    Ifbyphone, a Chicago-area startup that offers cloud-based telephony services, has announced the acquisition of Cloudvox, part of the company’s move to build on its open-source software business. Financial details were not disclosed. Sometimes described as “Asterisk in the cloud,” Cloudvox, which launched last fall, offers web developers a way to control phone calls from the web or a software app without the need for added infrastructure.

    The move gives Ifbyphone a scalable back end for its voice applications that’s accessible via an open API. Cloudvox offers “phone building blocks” that provide basic telephony functions such as making and receiving calls and presenting interactive voice response menus as well as performing more advanced tasks. Ifbyphone, which automates traditional and Internet phone calls through pre-built apps, plans to use the acquisition to enable businesses to leverage their existing Asterisk apps and bring them to scale through Ifbyphone’s infrastructure.

    Ifbyphone aims to help developers create the kinds of mobile apps that will serve as differentiators in telephony as voice marches toward its all-IP future. A handful of landline operators have adopted that strategy, as witnessed by the recent acquisitions of Ribbit by BT and Jajah by O2/Telefonica. As Ifbyphone CEO Irv Shapiro told me:

    I think we are facing a dramatic paradigm change in the world of telephony. Whether you’re a business or an individual you now have a choice about what causes your phone to ring, and that choice ranges from traditional phone companies to Skype. Because there’s so much choice on transport, the price of transport is racing toward zero. When you have a price of zero, you can’t make up (declining margins) with volume.

    As we move increasingly toward VoIP, then, a key question to answer will be which of the entrenched players — from landline operators to cable companies to mobile carriers — are best equipped to handle the transition. And that will depend largely on which of the VoIP startups they join forces with.

  • NCBI ROFL: But can seers see Cici selling seashells by the seashore? | Discoblog

    Intuition through time: what does the seer see?

    “OBJECTIVE: A great deal of human activity is involved in anticipating the future, from predicting the next influenza strain to the expectations that underlie the placebo effect. Most models of anticipation take for granted that events unfold in a unidirectional flow of time, from past to future. Two experiments were conducted to test this assumption. DESIGN: Pupillary dilation, spontaneous blinking, and eye movements were tracked before, during, and after participants viewed photographs with varying degrees of emotional affect. RESULTS: Data contributed by 74 unselected volunteers in two experiments showed that: (a) pupillary dilation and spontaneous blinking were found to increase more before emotional versus calm photos (combined P = .00009), (b) horizontal eye movements indicated a brain hemisphere asymmetry before viewing photos, appropriate to both the emotionality (P = .05) and the valence of the future images (P = .01), (c) participants selected for independently obtaining significant differential effects in pupillary dilation showed positive correlations between their eye movements before versus during exposure to randomly selected photos (P = .002), and (d) a possible “transtemporal interference” effect was observed when the probability of observing future images was varied (P = .05 [two-tailed])… …CONCLUSIONS: These studies, which replicate conceptual similar experiments, suggest that sometimes seers do see the future.”

    seer_see_cici

    Thanks to Fred for today’s ROFL!


  • PS3 motion controller slips past Spring 2010 launch window

    Sony’s still unnamed motion controller for the PS3, originally believed to be set for a Spring 2010 release, has been given a new release window.

  • Carnaby’s black cockatoos not a threat to canola

    Despite accounts that Carnaby’s black cockatoos have started feeding on canola, a new report has shown that predation by the birds has almost no impact on canola crops.

    Research conducted by the University of Sydney found that Carnaby’s black cockatoos damaged an average of 0.003% of each farmer’s crop, a total value of just $6.50 for each grower participating in the study.

    The report was commissioned by the Carnaby’s Black Cockatoo Recovery Project – a joint initiative of Birds Australia WA, WWF-Australia and the Department of Environment and Conservation. The research was funded by WWF.

    “We were concerned about reports that Carnaby’s black cockatoos have begun to include canola in their diets,” said Carnaby’s cockatoo spokesperson for WWF, Katherine Howard.

    “They’re intelligent birds, and as their natural food supply has decreased due to extensive land clearing both in the wheatbelt and on the coast, they have learned to exploit non-native species such as pine trees, the weed wild radish, and canola. This has the potential to bring this already endangered species into conflict with farmers, so we knew we had to look into it.”

    The total population of Carnaby’s black cockatoos, found only in the Southwest corner of Western Australia, has collapsed by as much as 50% in the past 45 years. The species has disappeared from at least a third of its former nesting range. The main cause of this decline is loss of habitat.

    Chris Jackson, Masters Researcher for the University of Sydney, said “Our research found that, over the 2008 season, the damage caused by Carnaby’s cockatoos to canola crops was negligible. We suspect that the populations of Carnaby’s cockatoos in the wheatbelt are so small, they are unlikely to become a significant problem for canola growers in the future”.

    “Canola damage is much more commonly caused by other bird species, most notably galahs, corellas and Australian ringnecks.”

    Birds Australia works with farmers to protect nesting and feeding habitats on private land by providing funds to fence and manage priority remnant vegetation. To date the project has protected over 1500 hectares of Carnaby’s black cockatoo habitat such as salmon gum and wandoo woodland through fencing, conservation covenants and voluntary management agreements.

    A link to the report, ‘Assessing and Quantifying Canola Crop Damage by Carnaby’s Black Cockatoo Calyptorhynchus latirostris in the south-west of Western Australia’ can be found on the Birds Australia website at the bottom of the page.

    Interested in protecting your remnant bush to help Carnaby’s cockatoos? Contact Raana Scott, Project Manager, Birds Australia on 0427 707 047 or [email protected].

    Media Inquires: Alvin Stone,WWF-Australia. Ph: 02 8202 1259. Mbl: 0410 068 410. Email: [email protected]

  • MMA Marketplace: Shirts for the rest of us

    There are MMA shirts for the ripped, built guys (or guys who like to pretend that they are.) There are MMA shirts for those who want to show their undying loyalty to their fighter. There are MMA shirts for tiny women who want to show off a lot of skin.

    But that hardly encompasses all MMA fans. That’s where our friends from Fightlinker come in.

    One shirt is an homage to the quintessential MMA fan, "Just Bleed Guy." The other shirt is an homage to the fact that quite a few of us MMA fans also like to imbibe. How can you not love these shirts? Get the Just Bleed shirt and Ultimate Drinker shirt for $18 each plus shipping and handling at Fightlinker’s store. 

  • Motus Motorcycles details new V4 engine, MTS-01 sport tourer

    Filed under: ,

    Motus MTS-01 – Click above for image gallery

    When you think of American motorcycles, what comes to mind? We’d bet that 99-plus percent of you instantly thought of Harley-Davidson – and with good reason. The Motor Company has long occupied the fantasies of a very large portion of the United States population at large. There’s a growing (and generally younger) group of cyclists, though, who want something considerably more sporty than what HD has to offer.

    Motus Motorcycles, a new startup motorcycle manufacturer based here in the United States, has some grand plans in the works to change the perception – right or wrong as the sentiment may be – that American motorcycles are slow, rumbly, V-twin powered behemoths. The first salvo fired by Motus will be a new sport touring motorcycle called the MTS-01, which will be powered by an all-American V4 engine. Much of the architecture of that powerplant will be instantly recognizable to anyone familiar with the classic American V8.

    Katech, a Michigan-based firm that supplies engines to General Motors and its Pratt and Miller Corvette racers, designed and engineered the cam-in-block (pushrods instead of overhead cams), two valve per cylinder, 1650cc engine, and it is expected to put out around 140 horsepower and possibly as much as 120 pound-feet of torque. Modern updates to the tried-and-true design are capped off by gasoline direct injection technology for improved performance and cleaner emissions. We look forward to finding out more on Motus’ new powerplant and motorcycle in the coming months.

    [Source: The Kneeslider]

    Motus Motorcycles details new V4 engine, MTS-01 sport tourer originally appeared on Autoblog on Wed, 20 Jan 2010 09:00:00 EST. Please see our terms for use of feeds.

    Read | Permalink | Email this | Comments

  • Big brains for video games









    Erickson et al. / Cerebral Cortex

    A cutaway image shows four brain structures studied in the video-game research.
    the caudate nucleus (blue), putamen (red), nucleus accumbens (orange spot) and
    hippocampus (green). Researchers found linkages between game performance
    and the first three structures, but no linkage involving the hippocampus.




    Does playing video games improve your brain? Or do bigger brains make it easier to learn video games?


    Psychologists say they can predict how well you’ll do on a video game by looking at the size of just three little structures inside your brain. If those structures are bigger, you’ll probably catch on more quickly and do better.


    But don’t start bragging about how gamers are naturally brainier just yet. The psychologists have more puzzles to solve before they level up.


    “We’re really at the tip of the iceberg in understanding how all this gets put together,” said the University of Pittsburgh’s Kirk Erickson, the study’s principal author.

    …(read more)

  • Another composer leaves Square Enix

    After 15 years with Square Enix and a top-caliber résume under his belt, composer Masashi Hamauzu has left the publisher for reasons still unspecified. Hamauzu, whose latest output includes Final Fantasy XIII, joins the growing list of

  • First Look: Jan. 20

    Do you need sign-off from headquarters when you want to make decisions? Or can you undertake capital investments, hire new employees, introduce new products, and otherwise exercise managerial independence in your daily work? In the age of globalization, the extent of firm decentralization and the reasons behind it are still something of a mystery, leading HBS professor Raffaella Sadun and colleagues to wonder whether product competition is one factor spurring the trend toward decentralization. The basic idea is this: Local managers’ information might be increasingly valuable as more products crowd the marketplace.

    To test this proposition Sadun, Nicholas Bloom, and John Van Reenen analyzed data on nearly 4,000 firms across 12 countries in Europe, North America, and Asia. “We find that competition does indeed seem to foster greater decentralization,” they write in their working paper, “Does Product Market Competition Lead Firms to Decentralize?” [PDF]

    The results by geography were also telling: “Intriguingly, we found that firms in developing countries (Brazil, China, and India), tended to be the most centralized, with almost all major decisions taken by the owners in the corporate headquarters. Japanese firms were also relatively centralized. In contrast, firms in Anglo-Saxon and Scandinavian countries (Canada, Germany, Sweden, UK, and US) were relatively decentralized. The rest of Europe (e.g. France, Italy, and Poland) tended to be in the middle of the decentralization ranking.” Developing countries might experience tighter control from HQ due to less product competition, the authors suggest.

    — Martha Lagace

    Working Papers

    Contracting in the Self-reporting Economy (revised)

    Authors: Romana L. Autrey and Richard Sansing
    Abstract

    This paper examines the effect of accounting on the use of intellectual property. We analyze the licensing of intellectual property in exchange for royalties that depend on the self-report of a licensee. Self-reporting gives rise to demand for auditing by the licensor or third-party attestation by the licensee. We characterize the optimal royalty contract, accounting system choice by the licensee, and audit strategy choice by the licensor. We show when the owner prefers to license the property in exchange for a royalty and when it prefers to use the property directly. We find that variable royalty arrangements that depend on either audited self-reports or third-party attestation become more attractive as accounting information system costs decrease and as the benefits from outsourcing the use of intellectual property increases. We also examine how the variability of payoffs to effort affects the optimal way the owner of the intellectual property uses it.

    Download the paper: http://www.hbs.edu/research/pdf/07-100.pdf

    Does Product Market Competition Lead Firms to Decentralize?

    Authors: Nicholas Bloom, Raffaella Sadun, and John Van Reenen
    Abstract

    There is a widespread sense that over the last two decades firms have been decentralizing decisions to employees further down the managerial hierarchy. Economists have developed a range of theories to account for delegation, but there is less empirical evidence, especially across countries. This has limited the ability to understand the phenomenon of decentralization. To address the empirical lacuna we have developed a research program to measure the internal organization of firms—including their decentralization decisions—across a large range of industries and countries. In this paper we investigate whether greater product market competition increases decentralization. For example, tougher competition may make local manager’s information more valuable, as delays to decisions become more costly. Since globalization and liberalization have increased the competitiveness of product markets, one explanation for the trend towards decentralization could be increased competition. Of course there are a range of other factors that may also be at play, including human capital, information and communication technology, culture, and industrial composition. To tackle these issues we collected detailed information on the internal organization of firms across nations. The few datasets that exist are either from a single industry or (at best) across many firms in a single country. We analyze data on almost 4,000 firms across 12 countries in Europe, North America, and Asia. We find that competition does indeed seem to foster greater decentralization.

    Download the paper: http://www.hbs.edu/research/pdf/10-052.pdf

    Accountability and Control as Catalysts for Strategic Exploration and Exploitation: Field Study Results

    Author: Robert Simons
    Abstract

    This paper reports the collective finding from 102 field studies that look at the relationship between two organization design variables: span of control and span of accountability. Clustering the data yields propositions suggesting that the relationship between these variables may be an important determinant of strategic exploitation and exploration activities. Data from the field studies suggest that, in accordance with the controllability principle, accountability and control are tightly aligned for exploitation activities. However, this result was found in only a small number of tasks and functions. In the majority of situations, spans of accountability were wider than spans of control. This “Entrepreneurial Gap” is posited to be a result of management’s desire for innovation and exploration—and used as a catalyst for changing strategy, creating high levels of customer satisfaction, or motivating people to navigate complex matrix organizations.

    Download the paper: http://www.hbs.edu/research/pdf/10-051.pdf

    Substitution Patterns of the Random Coefficients Logit

    Authors: Thomas J. Steenburgh and Andrew Ainslie
    Abstract

    Previous research suggests that the random coefficients logit is a highly flexible model that overcomes the problems of the homogeneous logit by allowing for differences in tastes across individuals. The purpose of this paper is to show that this is not true. We prove that the random coefficients logit imposes restrictions on individual choice behavior that limit the types of substitution patterns that can be found through empirical analysis, and we raise fundamental questions about when the model can be used to recover individuals’ preferences from their observed choices. Part of the misunderstanding about the random coefficients logit can be attributed to the lack of cross-level inference in previous research. To overcome this deficiency, we design several Monte Carlo experiments to show what the model predicts at both the individual and the population levels. These experiments show that the random coefficients logit leads a researcher to very different conclusions about individuals’ tastes depending on how alternatives are presented in the choice set. In turn, these biased parameter estimates affect counterfactual predictions. In one experiment, the market share predictions for a given alternative in a given choice set range between 17% and 83% depending on how the alternatives are displayed both in the data used for estimation and in the counterfactual scenario under consideration. This occurs even though the market shares observed in the data are always about 50% regardless of the display.

    Download the paper: http://www.hbs.edu/research/pdf/10-053.pdf

    Publications

    International Differences in Entrepreneurship

    Authors: Josh Lerner and Antoinette Schoar, eds.
    Publication: Chicago: University of Chicago Press for National Bureau of Economic Research, forthcoming
    Publisher’s Abstract

    Often considered one of the major forces behind economic growth and development, the entrepreneurial firm can accelerate the speed of innovation and dissemination of new technologies, thus increasing a country’s competitive edge in the global market. As a result, cultivating a strong culture of entrepreneurial thinking has become a primary goal throughout the world. Surprisingly, there has been little systematic research or comparative analysis to show how the growth of entrepreneurship differs among countries in various stages of development. International Differences in Entrepreneurship fills this void by explaining how a country’s institutional differences, cultural considerations, and personal characteristics can affect the role that entrepreneurs play in its economy. Developing an understanding of the origins of entrepreneurs as well as the choices they make and the complexity of their activities across countries and industries are of central importance to this volume. In addition, contributors consider how environmental factors of individual economies, such as market regulation, government subsidies for banks, and support for entrepreneurial culture affect the industry and the impact that entrepreneurs have on growth in developing nations

    Too Big to Save? How to Fix the U.S. Financial System

    Author: Robert C. Pozen
    Publication: John Wiley, 2009
    Publisher’s Abstract

    Too Big To Save? provides a comprehensive review of the financial crisis, explaining not only the factors causing the crisis but also evaluating the government responses to date and suggesting practical reforms for the future.

    Catering Through Nominal Share Prices

    Authors: Malcolm Baker, Robin Greenwood, and Jeffrey Wurgler
    Publication: Journal of Finance 64, no. 6 (December 2009): 2559-2590
    Abstract

    We propose and test a catering theory of nominal stock prices. The theory predicts that when investors place higher valuation on low-price firms, managers will maintain share prices at lower levels, and vice-versa. Using measures of time-varying catering incentives based on valuation ratios, split announcement effects, and future returns, we find empirical support for the predictions in both time-series and firm-level data. Given the strong cross-sectional relationship between capitalization and nominal share price, an interpretation of the results is that managers may be trying to categorize their firms as small firms when investors favor small firms.

    Local Dividend Clienteles

    Authors: Bo Becker, Zoran Ivkovic, and Scott Weisbenner
    Publication: Journal of Finance (forthcoming)
    Abstract

    We exploit demographic variation to identify the effect of dividend demand on firm payout policy. Retail investors tend to hold local stocks and older investors prefer dividend-paying stocks. Together, these tendencies generate geographically varying demand for dividends. Firms headquartered in areas in which seniors constitute a large fraction of the population are more likely to pay dividends, initiate dividends, and have higher dividend yields. However, the fraction of seniors is uncorrelated with share repurchases, investment, or profitability, suggesting that geographic variation in dividend payout is not driven by some unmeasured firm characteristic affecting the ability or willingness to distribute cash to shareholders. We also provide indirect evidence as to why firm managers may cater to the demand for dividends from local seniors. Overall, these results suggest that the composition of a firm’s investor base affects corporate policy choices.

    The Price of Equality: Suboptimal Resource Allocations across Social Categories

    Authors: Stephen M. Garcia, Max Bazerman, Shirli Kopelman, Avishalom Tor, and Dale T. Miller
    Publication: Special Issue on Behavioral Ethics: A New Empirical Perspective on Business Ethics Research. Business Ethics Quarterly 20, no. 1 (2010): 75-88
    Abstract

    This paper explores the influence of social categories on the perceived trade-off between relatively bad but equal distribution of resources between two parties and profit maximizing, yet asymmetric, payoffs. Studies 1 and 2 show that people prefer to maximize profits when interacting within their social category, but chose suboptimal individual and joint profits when interacting across social categories. Study 3 demonstrates that outside observers, who were not members of the focal social categories, also were less likely to maximize profits when resources were distributed across social category lines. Study 4 shows that the transaction utility of maximizing profits required greater compensation when resources were distributed across, in contrast to within, social categories. We discuss the ethical implications of these decision-making biases in the context of organizations.

    Price Pressure in the Government Bond Market

    Authors: Robin Greenwood and Dimitri Vayanos
    Publication: American Economic Review Papers and Proceedings (forthcoming May 2010)

    An abstract is unavailable at this time.

    The Dynamics of Silencing Conflict

    Authors: Leslie Perlow and Nelson Repenning
    Publication: Research in Organizational Behavior 29 (2009): 195-223
    Abstract

    In many organizations, when people perceive a difference with another they often do not fully express themselves. Despite creating innumerable problems, silencing conflict is a persistent phenomenon. While the antecedents of acts of silence are well documented, little is known about why norms of silencing conflict evolve. To explore this evolution, we draw on an ethnographic study that spanned the entire life of a dot.com, starting with its founding and ending with its sale to a larger company. Distilling our data using causal loop diagrams, we document the processes through which acts of silence became self-reinforcing. The dynamic model of silencing conflict induced from our data has implications not only for norm development, but also for a variety of other domains including network analysis, autonomous actor models, diversity and demography, and change management.

    Cases & Course Materials

    Congressional Candidate Ron Klein and KNP Communications

    Amy J.C. Cuddy and Nithyasri Sharma
    Harvard Business School Case 910-013

    In the 2006 election cycle, Ron Klein was running for the U.S. Congressional seat from Florida’s 22nd District. He was up against Rep. Clay Shaw, a popular 26-year incumbent with significant name recognition in the district. Leading up to the election, Klein’s campaign manager realized that Klein had to find a way to relate to his voters on a personal level if he wanted to win the election and advised him to work with KNP Communications, a consulting firm. Over the course of a few sessions, Klein worked with the team from KNP to learn techniques that would help him connect with his voters. On election night, Klein wondered if KNP’s training had allowed him to successfully connect with his voters and, more importantly, if this personal connection mattered more to voters than his competence and skills.

    Purchase this case:
    http://cb.hbsp.harvard.edu/cb/product/910013-PDF-ENG

    Dawn Stokes: The View from the Driver’s Seat

    Boris Groysberg and Lindsay Tanne
    Harvard Business School Case 410-064

    Dawn Stokes founded and was successful as CEO of Texas Driving Experience, a company that provided driving lessons, both safety-based for teens, and high-performance racecar driving for individual thrill seekers and corporate events. Although the company had done well, economic hard times were beginning to take their toll. What aspects of the business should Stokes focus on? And would a policy of aggressive geographic expansion make sense?

    Purchase this case:
    http://cb.hbsp.harvard.edu/cb/product/410064-PDF-ENG

    A Giant Among Women

    Willy Shih, Ethan S. Bernstein, Maly Hout Bernstein, Jyun-Cheng Wang, and Yi-Ling Wei
    Harvard Business School Case 610-005

    Tony Lo, the CEO of Giant Manufacturing, the largest bicycle manufacturer in the world, finally realized that his products were not meeting the needs of women customers when even his wife complained to him that the equipment did not fit her needs. Lo commissioned his CFO Bonnie Tu to open the first all-women’s bicycle store in Taipei and charged her not only with figuring out the needs of women customers, but also mandating that she turn a profit. “Because your only customers are women, if you don’t know how to sell to them, you’re out of business—period. So you experiment for survival,” explained Lo. The case examines the company’s integration into retail stores and looks closely at the Liv/giant pilot and the surprising business model that it developed.

    Purchase this case:
    http://cb.hbsp.harvard.edu/cb/product/610005-PDF-ENG

    IFRS in China

    Karthik Ramanna, G.A. Donovan, and Nancy Dai
    Harvard Business School Case 110-037

    In 2005, China announced plans to “converge with,” but not completely adopt, IFRS. China also began to lobby for changes to specific IFRS provisions, such as for related party disclosures by state-owned firms, to bring them more into line with Chinese interests. China’s accounting system had already undergone significant reforms during the two decades when its economy had grown to become the fourth largest in the world. However, enforcement of accounting standards remained weak, the financial system was relatively immature, and large state-owned firms still dominated many sectors of the economy.

    Purchase this case:
    http://cb.hbsp.harvard.edu/cb/product/110037-PDF-ENG

  • My issue with the Proposed HSR Station

    Let me start off with that I support the HSR proposal now. Earlier in the plan, I feared that Tampa may lose out in the benefits that I could see Orlando recieving being the centerpoint of the High Speed Rail. But after viewing numerous HSR systems and other train systems, I have less doubt that Tampa will be taken advantage of. And down the road, more lines may be added to the Florida system. Tampa to Miami, Tampa to Jacksonville, and maybe Tampa to Atlanta if we can rapidly improve the system and find some type of funding, either between both states or through federal funding.

    But the idea that more lines done the road may come in place is where I have a problem with the proposed location of the Tampa Station. If we’re talking about 4 to 5 lines here (Tampa-Orlando, Tampa-Miami, Tampa-Jacksonville, Tampa-Atlanta, and maybe Tampa to New Orleans), we’re not going to fit all them on one platform. Using one or two platforms won’t work either and that’s what Union Station has. So with a station larger than Union Station while also including light rail, bus station, drop-off, retail, and other needed things for the station (bathrooms, ticket window, etc); a station is not going to work on that site.

    And yeah I know, "But all those lines could be 20 to 50 years away", but why build a station that we already know won’t be able to handle so many lines to have to build another station when needed? Why not build a station that has enough room to expand? Something like this is what I have complained about the City Council and Tampa, why let it happen here?

  • Toyota se aseguró el suministro a largo plazo de litio de Argentina

    Una sucursal de Toyota Motor Corp. en el país se asociará con la compañía de exploración minera australiana Orocobre para explotar una mina que proveerá de materia prima para las baterías de ion litio para los vehículos electrónicos de la marca.

    Los fabricantes japoneses de electrónicos ya controlan la mayor parte del mercado de baterías de ión de litio para aparatos como computadoras portátiles. En el acuerdo, la estatal japonesa Japan Oils, Gas and Metals National Corp. le está concediendo a Toyota Tsusho financiación barata para asegurarse una provisión asequible de litio para Toyota y otras compañías que compiten con Corea del Sur y China en el mercado de baterías para autos.

    La mina a explotar se encuentra en el Salar de Olaroz en la provincia de Jujuy y el acuerdo supondrá una inversión estimada en US$100 millones y US$120 millones.

    Pese a que el litio se encuentra en formaciones rocosas de varios continentes, es en pocos lugares que se halla justo debajo de la superficie de salinas donde el clima y la geografía hacen que la extracción sea más barata. De ahí a que la explotación vino antes a la argentina pero los japoneses ya están previendo que el mineral escaseará en unos 10 años, y están haciendo averiguaciones respecto a instalarse en Chile y Bolivia.

    Fuente – La Nación, Bloomberg, vía Fayerwayer

  • What’s Inside Apple’s Tablet?

    A week from now, Apple is going to announce its latest creation. It’s not clear what it is, exactly, but the speculation is that it will be a new kind of tablet-styled computing device that has more names than the Black Eyed Peas has hit singles. The important question for me, however, is what’s inside this mythical device. Today we have some answers as to its semiconductor innards.

    Earlier this morning, veteran computer industry analyst Ashok Kumar of Northeast Securities in a note to his clients outlined some details. Kumar said that Apple could “ship up to a 1 million units by March and plateau at 400,000-500,000 units per month thereafter.” Now those are some aggressive forecasts — not sure if I entirely buy into them — but if true they could have a material impact on both Apple and its component supplier partners.

    And as you read further down Kumar’s list you will see the most glaring absence is none other than Intel, which has been trying to get its chips designed into future tablet devices.  (Related post: 10 Features That Would Make iPad a Hit.)

    Kumar speculates that the device is going to cost between $600 and $800 and will come with a docking station that will allow the device to be used with a Bluetooth keyboard and mouse. The device is also going to come with wireless connectivity supplied by a carrier partner, most likely Verizon. But let’s focus on the semiconductor components for now. According to Kumar:

    • The core of the application processor is said to be ARM Cortex (8), which Apple licensed from Samsung.
    • Apple is enhancing the core processor with the help of design team from PA Semi, a company Apple bought for roughly $278 million in 2008. Apple has focused on enhancing video and graphic capabilities of the device with its internal semiconductor efforts.
    • Samsung will be the foundry for the application processor and it will also be one of the suppliers of Flash memory to Apple.
    • Qualcomm is said to be supplying the wireless wide area network (WWAN) chip for connectivity to the wireless networks.

    Let me put Kumar’s comments in context.

    For starters, before it was taken out by Apple, PA Semi had designed a very low-power, dual-core ARM chip running at 2 GHz and consuming 5-13 watts. That’s the kind of design expertise you need when building portable Internet devices such as this mythical tablet. And that is precisely the kind of expertise Apple needs, in-house, in order to muck around with ARM-based chips.

    Kumar’s theory is also bolstered by the fact that about year and a half ago, a story in The New York Times pointed out that Apple’s Wei-han Lien, a senior manager with the chip team, was telling folks on LinkedIn that he was busy working on a new ARM processor for what was the next-generation iPhone.

    If you take those two random bits of information, then Kumar’s speculation makes a lot of sense. In addition, an independent source of ours also tells us that Apple has indeed been working with Qualcomm and Verizon. It could very well be that Apple has developed a CDMA version of the iPhone for Verizon.

    Stay tuned! I will be attending the media event, where I’m hoping to see if the mythical tablet does turn into a reality.

    Related GigaOM Pro Content: Is The Age of the Web Tablet Finally Upon Us?

    Photo courtesy of Gizmodo.

  • Google’s China Mess Could Burn Motorola (GOOG, MOT)

    droid

    Google’s battle with China could sting its Android partner Motorola, says Morgan Stanley analyst Ehub Gelblum in a note this morning.

    Android-based Motorola phones were expected to launch in China in the first quarter of this year. But yesterday, Google said it was going to delay plans to launch mobile phones in China as it negotiates with the government over search engine censorship and whether it can continue operating in the country.

    As a result, Ehub is lowering his estimates of Motorola Android handsets shipped in the first quarter by 500,000 to 1.5 million, which is flat with Q4.

    The reduction in handset sales could cost the company $162 million in revenue, assuming an average selling price of $324 for the handsets.

    Revenue for the first quarter falls to $5.31 billion from the previous estimate of $5.47 billion and EPS falls to $0.02 from $0.03.

    Join the conversation about this story »

    See Also:

  • Amazon’s New Plan for eBooks: 70% Cut For Publishers, $10 Max Price [Amazon]

    Amazon’s finally got some competition—and may be about to get even more—so they’re doing everything they can to stay competitive, and to keep publishers happy. This means higher revenue cuts, but also new rules. Interesting rules.

    The new system works like this: If they elect to publish under this new program, publishers are entitled to 70% of a books sale price, minus delivery costs, at $0.15/MB. (Amazon says the average book size now is about 368k, which would cost six cents to deliver). This is practically an inversion of their current scheme which saw publishers getting less than half of the book’s sale price, so on the surface this is a very good thing.

    So why would Amazon suddenly offer this plan? The answer’s in the fine print:

    • The author or publisher-supplied list price must be between $2.99 and $9.99
    • This list price must be at least 20 percent below the lowest physical list price for the physical book
    • The title is made available for sale in all geographies for which the author or publisher has rights
    • The title will be included in a broad set of features in the Kindle Store, such as text-to-speech. This list of features will grow over time as Amazon continues to add more functionality to Kindle and the Kindle Store.
    • Under this royalty option, books must be offered at or below price parity with competition, including physical book prices. Amazon will provide tools to automate that process, and the 70 percent royalty will be calculated off the sales price.

    So Amazon’s willing to cut you a better deal on your books if and only if you undercut your physical copies (DIE BOOKS DIE), let Amazon sell it with text to speech or whatever other presentation techs Amazon might come up with later, and you conform to Amazon’s vision of $10-or-less prices for all ebooks. Larger publishers already follow these rules most of the time, and often negotiate their individual deals behind closed doors, so this plan may be directed at smaller companies, but should be available to all.

    It’s ballsy, and a little iTunesy, and in the end, the announcement makes a lot of sense—as does its timing, just days before Apple may or may not announce their entry into ebookery, which could be accompanied by an ebook store of its own.

    Amazon’s new revenue scheme will be available starting in June, alongside their current DTP program. [Amazon]






  • The Evoline Port Lounge Table Isn’t a Bad Idea… [Furniture]

    The Evoline Port Lounge Table isn’t a bad idea—it’s just a simple side table that pops out power and ethernet jacks so you never need to crawl around on the floor. The problem is that the table is…

    …SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO SO UGLY*. [schulte via BornRich via Ubergizmo]

    *Like someone is sodomizing an egg pod from Aliens, ugly.






  • Art for art’s sake

    THIS is much cooler than a diamond-encrusted skull:

    A Tool to Deceive and Slaughter is an artwork by Caleb Larsen, currently for sale on eBay. If it hasn’t sold in the next couple of days — the minimum bid is $2,500 — it will go back on eBay. On the other hand, if it does sell, it will still go back on eBay. That’s what it does, as clearly explained in the legal contract accompanying the work:

    Artist has created a work of art titled “A Tool to Deceive and Slaughter (2009)” (“the Artwork”) which consists of a black box that places itself for sale on the auction website “eBay” (the “Auction Venue”) every seven (7) days. The Artwork consists of the combination of the black box or cube, the electronics contained therein, and the concept that such a physical object “sells itself” every week.

    …Many artists have tried to remove their art from the commercial aspects of the art world — by making it free, for instance, or by putting on performances, or creating public installations. This one does it by making an artwork which is so commercial that it can’t be collected. You could buy the piece today, and it might be worth $100,000 in a few years’ time. But you wouldn’t own it in a few years time, and you would have personally gained only a tiny fraction of the increase in the piece’s value, if anything at all.

    There’s no way around the sell requirement. I was thinking that this could just be a super status piece, for which a determined buyer could bid highest each time, but the owner is not allowed to bid on the item. But perhaps a determined pair of conspirators could swap the item back and forth?

    At any rate, a refreshing idea.

  • Found AACE Algorythm for treatment of T2D …

    http://www.aace.com/pub/pdf/Glycemic…lAlgorithm.pdf

    Too liberal on A1c’s, for my tastes!!! 🙁 6.5 seems to be their magic number these days?

  • A magic pill to lesson PTSD before it even strikes?

    opium-poppyby Glenn Saxe, MD, director of Children’s Hospital Boston’s Center for Refugee Trauma

    “ Into the bowl in which their wine was mixed, she slipped a drug that had the power of robbing grief and anger of their sting and banishing all painful memories”
    -Homer, the Odyssey

    Morphine and other opiates have been used by humans since the earliest times. The poppy has been a powerful cultural symbol for hundreds or, even, thousands of years. When a chemical agent has ‘traveled’ with humans for such a long span of time it usually means it has strong evolutionary value. A fascinating study just published in the New England Journal of Medicine suggests morphine has the power to blunt the emotional aftereffects of trauma in people who’ve been severely injured.

    Military researchers examined the records of almost 700 soldiers with combat injury and found that those who received morphine in the field had nearly a 50 percent reduction in rates of PTSD, two years later. If such a finding is accurate, it opens the possibility that the risk of PTSD can be substantially reduced if opiates are administered close to the time of trauma. This observation may have considerable impact on clinical care.

    I’m particularly excited by this finding because my research team, in coordination with a research team at Shriners Burns Hospitals in Boston, published a similar finding almost 10 years ago in a sample of children hospitalized with burn injury. In our study, we found that the more morphine that burned children were prescribed during their hospitalization, the greater the reduction in PTSD symptoms over six months following discharge.

    So what’s going on here? How may a relatively short duration of treatment delivered in the wake of a trauma prevent a serious and debilitating psychiatric problem such as PTSD? First, it’s important to understand that PTSD is a disorder of important natural systems that prepare animals and humans to survive when faced with threat. These systems promote the accurate appraisal of threat, the engagement of bodily systems required to manage threat (e.g. fight, flight, freeze) and the prompt termination of the threat response when the threat signal abates.

    Many of the symptoms of PTSD can be seen as expressions of the dysfunction of one or more of these systems (e.g. flashbacks, intrusive memories, dissociation, hypervigilance, avoidance).

    So how may opiate treatment prevent PTSD? There are a number of possible mechanisms. First, we know that opiates diminish pain signals. Might they diminish the risk of PTSD by diminishing the perceived appraisal of threat at the time of trauma? Pain is a very important driver of threat perception while the trauma is occurring. Second, opiates are potent blockers of the norepinepherine system, which is responsible for consolidating memory. Might opiates prevent the consolidation of traumatic memory by blocking the system responsible for consolidating this memory? Many investigators have postulated that blocking the norepinepherine system may offer a way to secondarily prevent PTSD.  A third possible mechanism relates to the role of opiates in systems responsible for affiliative behavior. Morphine has a similar chemical structure as oxytocin, a well described chemical related to this system.

    Although these findings are exciting and promising, we must use great caution before morphine is indiscriminantly prescribed to traumatized individuals in our emergency rooms and hospital units. Approximately 20 to 40 percent of traumatized individuals will develop PTSD. We don’t want to prescribe a powerful and potentially addictive substance to the 60 to 80 percent of traumatized individuals who won’t develop PTSD. Further, evolution has given us powerful natural systems to manage threat and trauma. We must be very cautions about using chemicals to interfere with these systems in those not at risk.

    Research that points to an effective preventative intervention can–and should–have a major impact on clinical care. However, we must carefully consider how this information is used to guide the standard of care in our field.

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