Monday, November 26, 2007
Evidence for a parallel universe?
Last August, astronomers working on the analysis of data being acquired by NASA’s WMAP (Wilkinson Microwave Anisotropy Probe) satellite announced that they found a huge void in the universe. A void is a region of space that has much less material (stars, nebulae, dust and other material) than the average. Since our universe is relatively heterogeneous, empty spaces are not rare, but in this case the enormous magnitude of the hole is way outside the expected range. The hole found in the constellation of Eridanus is about a billion light years across, which is roughly 10,000 times as large as our galaxy or 400 times the distance to Andromeda, the closest “large” galaxy.
The dimension of the hole is so big that at first glance, it results impossible to explain under the current cosmological theories, although scientists put forward some explanations based on certain theoretical models that might predict the existence of “giant knots” in space known as topological defects.
However, University of North Carolina at Chapel Hill physics Professor Laura Mersini-Houghton made a staggering claim. She says, “Standard cosmology cannot explain such a giant cosmic hole” and goes further with the ground-breaking hypothesis that the huge void is “… the unmistakable imprint of another universe beyond the edge of our own“.
Source
The dimension of the hole is so big that at first glance, it results impossible to explain under the current cosmological theories, although scientists put forward some explanations based on certain theoretical models that might predict the existence of “giant knots” in space known as topological defects.
However, University of North Carolina at Chapel Hill physics Professor Laura Mersini-Houghton made a staggering claim. She says, “Standard cosmology cannot explain such a giant cosmic hole” and goes further with the ground-breaking hypothesis that the huge void is “… the unmistakable imprint of another universe beyond the edge of our own“.
Source
Monday, June 04, 2007
Latest Sunscreens
All the buzz this year is about new ways to block wrinkle-causing UVA rays.
Last summer, the U.S. Food and Drug Administration approved a new compound called ecamsule for use in sunscreens sold in this country. Ecamsule, an organic filter that protects against UVA rays, has been included in sunscreens sold in Canada and Europe since 1993 under the name of Mexoryl SX.
Right now, the only over-the-counter product sold in the United States that uses ecamsule is L'Oreal's Anthelios SX. The sunscreen, which has an SPF of 15, also contains two other protective ingredients, avobenzone and octocrylene. Researchers say ecamsule offers longer protection and is better at absorbing UVA rays than anything else available. Anthelios SX is available at www.anthelios.com. A 3.4-ounce tube of the daily moisturizing cream sells for $29.
Another ingredient to watch for is Helioplex, a Neutrogena-patented stabilized form of avobenzone (Parsol1789), the most widely used ingredient for blocking UVA rays. Helioplex breaks down slower than regular avobenzone so it offers longer protection. Neutrogena patented Helioplex for use in many of its sun-protection products, but says the most popular is its new Fresh Cooling Sunblock Gel, which protects with SPF 30 against a broad spectrum of UVA and UVB rays. It is available at Target and other stores for $8.99.
Read more...Monday, May 14, 2007
Can Capitalism Be Green?
TORONTO - Capitalism has proven to be environmentally and socially unsustainable, so future prosperity will have to come from a new economic model, say some experts. What this new model would look like is the subject of intense debate.
One current theory states that continuous growth can be environmentally compatible if clean and efficient technologies are adopted, and if economies leave behind production of material goods and move towards services. This is known as sustainable prosperity.
International agreements to fight global problems, like the thinning of the atmosphere’s ozone layer and climate change, have used market principles to achieve compliance by the private sector.
But the problem is, “we are consuming 25 percent more than the Earth can give us each year,” says William Rees, of the School of Community and Regional Planning at the University of British Columbia.
Rees and other experts have calculated that annual human consumption of natural resources exceeds the planet’s ecological capacity to regenerate them by 25 percent, a proportion that has been growing since 1984, the first year they calculate that humanity crossed that capacity threshold.
more...
Monday, January 15, 2007
Is American Capitalism on Its Way Out?
A little over a decade ago, the American model of capitalism was triumphant. The Soviet Union had recently collapsed, recession took the shine off the vaunted Japanese model of the 1980's, the social-democratic models of northern and Western Europe languished in high unemployment and low growth, and the so-called East Asian miracle was soon to be engulfed in a financial crisis.
For the many developing and transition economies in search of a model, there was only one prescription: Liberalize, privatize and copy the Anglo- American institutions of legal, financial and corporate governance.
Today there is less certainty. The technology and housing booms in the United States have subsided. High American living on borrowed Asian money is now widely considered unsustainable; extreme income concentration at the very top with stagnation at the bottom has made the hollowness of the productivity growth particularly palpable for most working people.
Unemployment in the United States and Britain has generally been lower than in much of Europe, but crises looms in health insurance and social security.
Meanwhile, the social-democratic and Japanese models, after some necessary repair, have come alive. Their economies have revived while still keeping most of their distinctive institutional features, including a continuing emphasis on social protection and on a more coordinated style of corporate governance.
There is an increased appreciation of the fact that countries have different political contexts and the bargaining powers of the different stakeholders in the economic system — owners, managers and workers — vary.
For developing countries, the East Asian model has not lost its influence. The model is characterized by relative equality at first, followed by land reform and mass expansion of education, which helps smooth the wrenching conflicts and readjustments of early industrialization.
In addition, state coordination of private enterprise strengthens rather than stifles the market processes. The phenomenal growth of capitalism in China under pervasive government control has only added to the attraction of the basic East Asian model.
India, another high-growth country, has also not quite followed the economic orthodoxy in a systematic manner, particularly in matters of privatization, deregulation and fiscal deficit management.
In the 2006 "index of economic freedom" compiled by the Heritage Foundation, China and India rank far below most Latin American and many African countries. Yet the economic performance of the latter countries, which did follow the liberalizing and privatizing reforms of the Anglo-American model more faithfully during the last two decades, has been, with a few exceptions, disappointing.
Capitalism in both rich and poor countries has been afflicted by problems of rising inequality and environmental degradation. Globalization has increased anxiety everywhere about job security. This underlines the value of social safety nets in coping with adjustments to market competition.
We need to explore the many ways in which equity can be enhanced without giving up on efficiency. These include expansion of facilities of education, training and health care. In many poor countries the barriers faced by large numbers of people in credit markets sharply reduces the society's potential for productive investment, innovation and human-resource development.
Protest is not enough. It is necessary to explore viable and sustainable ways of constructing alternatives to capitalism.
On the other side, it is important to stress that single-minded pursuits of efficiency are bound to be counterproductive. In particular, a standardized policy prescription that ignores social and institutional diversities or the complexities of a particular society is a recipe for failure.
The accumulated resentment of the large numbers of losers worldwide in the process of globalization is already in danger of triggering a substantial backlash in many countries. The advocates of capitalism should try to protect it from the enthusiasts for any one particular variety of capitalism.
Source IHT
For the many developing and transition economies in search of a model, there was only one prescription: Liberalize, privatize and copy the Anglo- American institutions of legal, financial and corporate governance.
Today there is less certainty. The technology and housing booms in the United States have subsided. High American living on borrowed Asian money is now widely considered unsustainable; extreme income concentration at the very top with stagnation at the bottom has made the hollowness of the productivity growth particularly palpable for most working people.
Unemployment in the United States and Britain has generally been lower than in much of Europe, but crises looms in health insurance and social security.
Meanwhile, the social-democratic and Japanese models, after some necessary repair, have come alive. Their economies have revived while still keeping most of their distinctive institutional features, including a continuing emphasis on social protection and on a more coordinated style of corporate governance.
There is an increased appreciation of the fact that countries have different political contexts and the bargaining powers of the different stakeholders in the economic system — owners, managers and workers — vary.
For developing countries, the East Asian model has not lost its influence. The model is characterized by relative equality at first, followed by land reform and mass expansion of education, which helps smooth the wrenching conflicts and readjustments of early industrialization.
In addition, state coordination of private enterprise strengthens rather than stifles the market processes. The phenomenal growth of capitalism in China under pervasive government control has only added to the attraction of the basic East Asian model.
India, another high-growth country, has also not quite followed the economic orthodoxy in a systematic manner, particularly in matters of privatization, deregulation and fiscal deficit management.
In the 2006 "index of economic freedom" compiled by the Heritage Foundation, China and India rank far below most Latin American and many African countries. Yet the economic performance of the latter countries, which did follow the liberalizing and privatizing reforms of the Anglo-American model more faithfully during the last two decades, has been, with a few exceptions, disappointing.
Capitalism in both rich and poor countries has been afflicted by problems of rising inequality and environmental degradation. Globalization has increased anxiety everywhere about job security. This underlines the value of social safety nets in coping with adjustments to market competition.
We need to explore the many ways in which equity can be enhanced without giving up on efficiency. These include expansion of facilities of education, training and health care. In many poor countries the barriers faced by large numbers of people in credit markets sharply reduces the society's potential for productive investment, innovation and human-resource development.
Protest is not enough. It is necessary to explore viable and sustainable ways of constructing alternatives to capitalism.
On the other side, it is important to stress that single-minded pursuits of efficiency are bound to be counterproductive. In particular, a standardized policy prescription that ignores social and institutional diversities or the complexities of a particular society is a recipe for failure.
The accumulated resentment of the large numbers of losers worldwide in the process of globalization is already in danger of triggering a substantial backlash in many countries. The advocates of capitalism should try to protect it from the enthusiasts for any one particular variety of capitalism.
Source IHT
Tuesday, January 09, 2007
iPhone introduced by Steve Jobs
Apple Computer CEO Steve Jobs on Tuesday announced the iPod maker's long-awaited leap into the mobile phone business and renamed the company just "Apple Inc.," reflecting its increased focus on consumer electronics.
The iPhone, which will start at $499 when it launches in June, is controlled by touch, plays music, surfs the Internet and runs the 
Macintosh computer operating system. Jobs said it will "reinvent" wireless communications and "leapfrog" past the current generation of smart phones.
"Every once in a while a revolutionary product comes along that changes everything," he said during his keynote address at the annual Macworld Conference and Expo. "It's very fortunate if you can work on just one of these in your career. ... Apple's been very fortunate in that it's introduced a few of these."
He said the company's name change is meant to reflect Apple's transformation from a computer manufacturer to a full-fledged consumer electronics company.
Full articleThursday, January 04, 2007
Gates says day of the home-help robot is near
An office worker checks her home-gadget webpage from her work computer. The tasks she set for her home robots in the morning have all been completed: washing and ironing, vacuuming the lounge and mowing the lawn.
She orders dinner from the kitchen chefbot - sushi today, using a recipe from a Japanese website - then checks her elderly mother's house. The companionbot has given mum her medicine and helped her out of bed and into a chair.
Read more
She orders dinner from the kitchen chefbot - sushi today, using a recipe from a Japanese website - then checks her elderly mother's house. The companionbot has given mum her medicine and helped her out of bed and into a chair.
Read more
Tuesday, December 12, 2006
Craigslist thumbs nose at Wall Street
SAN FRANCISCO (MarketWatch) -- True-believers might argue that a capitalist's pursuit of maximized profit is, by its nature, a noble one, and likely to create benefits for the greater social good.
Unfortunately, today, the pursuits of personal, financial rewards and broader, societal betterment are too often mutually exclusive.
The reason, perhaps, is that man is inclined to pursue money -- subconsciously or not -- rather than what is virtuous and just.
That's why the decision by Craig Newmark, Craigslist founder and ace customer service representative, and the San Francisco classified company's president, Jim Buckmaster, to focus less on profit maximization and more on serving their customers is so incredibly refreshing.
Their noble stance gives entrepreneurs from San Francisco a great name. Despite the many unfortunate examples of greed, Internet entrepreneurs aren't all about getting rich quick and cashing out. At an entrepreneur's roots is a vision to provide a service that helps alleviate a pain point. The money thing always muddied the waters down the road.
The attitude at Craigslist is a nice reminder of how entrepreneurs' ideals can still remain intact, no matter how odd they may seem in a world that worships money.
Read Full Article
Unfortunately, today, the pursuits of personal, financial rewards and broader, societal betterment are too often mutually exclusive.
The reason, perhaps, is that man is inclined to pursue money -- subconsciously or not -- rather than what is virtuous and just.
That's why the decision by Craig Newmark, Craigslist founder and ace customer service representative, and the San Francisco classified company's president, Jim Buckmaster, to focus less on profit maximization and more on serving their customers is so incredibly refreshing.
Their noble stance gives entrepreneurs from San Francisco a great name. Despite the many unfortunate examples of greed, Internet entrepreneurs aren't all about getting rich quick and cashing out. At an entrepreneur's roots is a vision to provide a service that helps alleviate a pain point. The money thing always muddied the waters down the road.
The attitude at Craigslist is a nice reminder of how entrepreneurs' ideals can still remain intact, no matter how odd they may seem in a world that worships money.
Read Full Article
Tuesday, December 05, 2006
Richest tenth own 85% of world's assets
Comment: What an outrage!
The richest 2 per cent of adults own more than half the world’s wealth, according to the most comprehensive study of personal assets.
Among the largest economies, Britain boasted the third-highest average wealth of $126,832 (£64,172) per adult, after the United States and Japan, a United Nations development research institute found.
Those with assets of $500,000 could consider themselves to be among the richest 1 per cent in the world. Those with net assets of $2,200 per adult were in the top half of the wealth distribution.
Although global income was distributed unequally, the spread of wealth was more skewed, according to the study by the World Institute for Development Economics Research of the UN University.
“Wealth is heavily concentrated in North America, Europe and high-income AsiaPacific countries. People in these countries collectively hold almost 90 per cent of total world wealth,” the report said.
Researchers defined wealth as the value of physical and financial assets minus debts.
The richest 10 per cent of adults accounted for 85 per cent of assets. The bottom 50 per cent of the world’s adults owned barely 1 per cent of global wealth.
Continued......
The richest 2 per cent of adults own more than half the world’s wealth, according to the most comprehensive study of personal assets.
Among the largest economies, Britain boasted the third-highest average wealth of $126,832 (£64,172) per adult, after the United States and Japan, a United Nations development research institute found.
Those with assets of $500,000 could consider themselves to be among the richest 1 per cent in the world. Those with net assets of $2,200 per adult were in the top half of the wealth distribution.
Although global income was distributed unequally, the spread of wealth was more skewed, according to the study by the World Institute for Development Economics Research of the UN University.
“Wealth is heavily concentrated in North America, Europe and high-income AsiaPacific countries. People in these countries collectively hold almost 90 per cent of total world wealth,” the report said.
Researchers defined wealth as the value of physical and financial assets minus debts.
The richest 10 per cent of adults accounted for 85 per cent of assets. The bottom 50 per cent of the world’s adults owned barely 1 per cent of global wealth.
Continued......
Tuesday, November 28, 2006
A wind-powered skyscraper in Paris
PARIS — Developers have selected a design by an award-winning American architect for a bold new building nearly as tall as the Eiffel Tower — and powered partly by the wind.
Dubbed the Lighthouse, the 984-foot-high skyscraper will be designed by Pritzker Prize winner Thom Mayne and erected at La Defense, a complex of office towers in a business district west of Paris where many of France’s major corporations are headquartered.
The Unibail development company announced Monday that Mayne, who works for Santa Monica, Calif.-based firm Morphosis, had bested nine other architects to win the bid. His design shows a building curving asymmetrically upward, topped by a crown of spiky antennae.
More
Wednesday, November 15, 2006
Neanderthal DNA secrets unlocked
A genetic breakthrough could help clear up some long-standing mysteries surrounding our closest evolutionary relatives: the Neanderthals.
Scientists have reconstructed a chunk of DNA from the genome of a Neanderthal man who lived 38,000 years ago.
Full article
Scientists have reconstructed a chunk of DNA from the genome of a Neanderthal man who lived 38,000 years ago.
Full article
Friday, November 03, 2006
Vermont poised to elect America's first socialist senator
Amid the furious debate over Iraq and the speculation that George Bush may be a lame duck after next Tuesday's mid-term elections, an extraordinary political milestone is approaching: a cantankerous 65-year-old called Bernie looks set to become the first socialist senator in US history.
Bernie Sanders is so far ahead in the contest for Vermont's vacant seat for the US Senate that it seems only sudden illness or accident could derail his rendezvous with destiny, after eight terms as the state's only congressman. His success flies in the face of all the conventional wisdom about American politics.
He is an unapologetic socialist and proud of it. Even his admirers admit that he lacks social skills, and he tends to speak in tirades. Yet that has not stopped him winning eight consecutive elections to the US House of Representatives.
"Twenty years ago when people here thought about socialism they were thinking about the Soviet Union, about Albania," Mr Sanders told the Guardian in a telephone interview from the campaign trail. "Now they think about Scandinavia. In Vermont people understand I'm talking about democratic socialism."
Democratic socialism, however, has hardly proved to be a vote-winning formula in a country where even the word "liberal" is generally treated as an insult. Until now the best showing in a Senate race by a socialist of any stripe was in 1930 by Emil Seidel, who won 6% of the vote.
John McLaughry, the head of a free-market Vermont thinktank, the Ethan Allen Institute, said Mr Sanders is a throwback to that era. "Bernie Sanders is an unreconstructed 1930s socialist and proud of it. He's a skilful demagogue who casts every issue in that framework, a master practitioner of class warfare."
When Mr Sanders, a penniless but eloquent import from New York, got himself elected mayor of Burlington in 1981, at the height of the cold war, it rang some alarm bells. "I had to persuade the air force base across the lake that Bernie's rise didn't mean there was a communist takeover of Burlington," recalled Garrison Nelson, a politics professor at the University of Vermont who has known him since the 1970s.
"He used to sleep on the couch of a friend of mine, walking about town with no work," Prof Nelson said. "Bernie really is a subject for political anthropology. He has no political party. He has never been called charming. He has no money, and none of the resources we normally associate with success. However, he learned how to speak to a significant part of the disaffected population of Vermont."
Mr Sanders turned out to be a success as mayor, rejuvenating the city government and rehabilitating Burlington's depressed waterfront on Lake Champlain while ensuring that it was not gentrified beyond the reach of ordinary local people. "He stood this town on its ear," said Peter Freyne, a local journalist.
"I tried to make the government work for working people, and not just for corporations, and on that basis I was elected to Congress," Mr Sanders said. He has served 16 years in the House of Representatives, a lonely voice since the Republican takeover in 1994. He has however struck some interesting cross-party deals, siding with libertarian Republicans to oppose a clause in the Patriot Act which allowed the FBI to find out what books Americans borrowed from libraries.
He says his consistent electoral success reflects the widespread discontent with rising inequality, deepening poverty and dwindling access to affordable healthcare in the US. "People realise there is a lot to be learned from the democratic socialist models in northern Europe," Mr Sanders said. "The untold story here is the degree to which the middle class is shrinking and the gap between rich and poor is widening. It is a disgrace that the US has the highest rate of childhood poverty of any industrialised country on earth. Iraq is important, but it's not the only issue."
In a state of just over 600,000 people he also has a significant advantage over his Republican opponent, Rich Tarrant, a businessman who has spent about $7m on his campaign. "Sanders is popular because even if you disagree with him you know where he stands," said Eric Davis, a political scientist at Vermont's Middlebury College. "He pays attention to his political base. He's independent and iconoclastic and Vermonters like that."
Source
Bernie Sanders is so far ahead in the contest for Vermont's vacant seat for the US Senate that it seems only sudden illness or accident could derail his rendezvous with destiny, after eight terms as the state's only congressman. His success flies in the face of all the conventional wisdom about American politics.
He is an unapologetic socialist and proud of it. Even his admirers admit that he lacks social skills, and he tends to speak in tirades. Yet that has not stopped him winning eight consecutive elections to the US House of Representatives.
"Twenty years ago when people here thought about socialism they were thinking about the Soviet Union, about Albania," Mr Sanders told the Guardian in a telephone interview from the campaign trail. "Now they think about Scandinavia. In Vermont people understand I'm talking about democratic socialism."
Democratic socialism, however, has hardly proved to be a vote-winning formula in a country where even the word "liberal" is generally treated as an insult. Until now the best showing in a Senate race by a socialist of any stripe was in 1930 by Emil Seidel, who won 6% of the vote.
John McLaughry, the head of a free-market Vermont thinktank, the Ethan Allen Institute, said Mr Sanders is a throwback to that era. "Bernie Sanders is an unreconstructed 1930s socialist and proud of it. He's a skilful demagogue who casts every issue in that framework, a master practitioner of class warfare."
When Mr Sanders, a penniless but eloquent import from New York, got himself elected mayor of Burlington in 1981, at the height of the cold war, it rang some alarm bells. "I had to persuade the air force base across the lake that Bernie's rise didn't mean there was a communist takeover of Burlington," recalled Garrison Nelson, a politics professor at the University of Vermont who has known him since the 1970s.
"He used to sleep on the couch of a friend of mine, walking about town with no work," Prof Nelson said. "Bernie really is a subject for political anthropology. He has no political party. He has never been called charming. He has no money, and none of the resources we normally associate with success. However, he learned how to speak to a significant part of the disaffected population of Vermont."
Mr Sanders turned out to be a success as mayor, rejuvenating the city government and rehabilitating Burlington's depressed waterfront on Lake Champlain while ensuring that it was not gentrified beyond the reach of ordinary local people. "He stood this town on its ear," said Peter Freyne, a local journalist.
"I tried to make the government work for working people, and not just for corporations, and on that basis I was elected to Congress," Mr Sanders said. He has served 16 years in the House of Representatives, a lonely voice since the Republican takeover in 1994. He has however struck some interesting cross-party deals, siding with libertarian Republicans to oppose a clause in the Patriot Act which allowed the FBI to find out what books Americans borrowed from libraries.
He says his consistent electoral success reflects the widespread discontent with rising inequality, deepening poverty and dwindling access to affordable healthcare in the US. "People realise there is a lot to be learned from the democratic socialist models in northern Europe," Mr Sanders said. "The untold story here is the degree to which the middle class is shrinking and the gap between rich and poor is widening. It is a disgrace that the US has the highest rate of childhood poverty of any industrialised country on earth. Iraq is important, but it's not the only issue."
In a state of just over 600,000 people he also has a significant advantage over his Republican opponent, Rich Tarrant, a businessman who has spent about $7m on his campaign. "Sanders is popular because even if you disagree with him you know where he stands," said Eric Davis, a political scientist at Vermont's Middlebury College. "He pays attention to his political base. He's independent and iconoclastic and Vermonters like that."
Source
Thursday, November 02, 2006
No more seafood by 2050?
There may be no more commercial fish stocks left in the sea by 2050, according to a new study cataloguing the global collapse of marine ecosystems.
It blames not just over-fishing, but also mankind’s wider attack on the health of ocean ecosystems, for instance from pollution. “Unless we fundamentally change the way we manage all the ocean species together, as working eco-systems, then this century is the last century of wild food,” says Steve Palumbi at Stanford University in California, US, who carried out the four-year investigation with colleagues.
The study is the biggest and most all-embracing effort yet to understand the productivity of the oceans and predict their future. Uniquely, it combines historical data on fish catches, some of it going back a thousand years, with analysis of marine ecosystems and experiments to bring marine life back to protected areas.
The authors, from five countries, reviewed hundreds of individual studies covering every scale from whole oceans to marine plots of a few square metres. They say the same pattern emerges at every scale. Rich ecosystems with many species can survive over-fishing and other threats well – but once biodiversity is lost, the entire system, including fish stocks, goes into exponential decline.
Read more
It blames not just over-fishing, but also mankind’s wider attack on the health of ocean ecosystems, for instance from pollution. “Unless we fundamentally change the way we manage all the ocean species together, as working eco-systems, then this century is the last century of wild food,” says Steve Palumbi at Stanford University in California, US, who carried out the four-year investigation with colleagues.
The study is the biggest and most all-embracing effort yet to understand the productivity of the oceans and predict their future. Uniquely, it combines historical data on fish catches, some of it going back a thousand years, with analysis of marine ecosystems and experiments to bring marine life back to protected areas.
The authors, from five countries, reviewed hundreds of individual studies covering every scale from whole oceans to marine plots of a few square metres. They say the same pattern emerges at every scale. Rich ecosystems with many species can survive over-fishing and other threats well – but once biodiversity is lost, the entire system, including fish stocks, goes into exponential decline.
Read more
Wednesday, November 01, 2006
Human like Androids in Japan
Androids which are remarkably like humans, and come complete with silicone 'skin', have been on display in Japan.
The robots are fitted with a supply of compressed air so that they even appear to breathe. Samantha Smith reports.
Full story here.
The robots are fitted with a supply of compressed air so that they even appear to breathe. Samantha Smith reports.
Full story here.
Sunday, October 29, 2006
Tuesday, October 24, 2006
Hackers Zero In on Online Stock Accounts
Hackers have been breaking into customer accounts at large online brokerages in the United States and making unauthorized trades worth millions of dollars as part of a fast-growing new form of online fraud under investigation by federal authorities.
E-Trade Financial Corp., the nation's fourth-largest online broker, said last week that "concerted rings" in Eastern Europe and Thailand caused their customers $18 million in losses in the third quarter alone.
Continue...
E-Trade Financial Corp., the nation's fourth-largest online broker, said last week that "concerted rings" in Eastern Europe and Thailand caused their customers $18 million in losses in the third quarter alone.
Continue...
Friday, October 20, 2006
IE7 unleashed
Microsoft's much-anticipated IE7 browser is finally available for download, 18 months after Bill Gates announced plans to deliver Redmond's first major upgrade to its browser software since the release of IE6 in August 2001.
Key enhancements to IE 7 over IE 6 include anti-phishing features and improved ActiveX controls among several security improvements. The browser also promises enhancements to support web standards (such as HTML 4.01/CSS 2), the long-awaited introduction of tabbed browsing, and an integrated RSS feed reader. Many of these features are already included in Opera, and improved anti-phishing features will debut with the imminent (if delayed) arrival of Firefox 2.0, so to some extent market-leader Microsoft could be described as playing catch-up with its smaller rivals.
More
Key enhancements to IE 7 over IE 6 include anti-phishing features and improved ActiveX controls among several security improvements. The browser also promises enhancements to support web standards (such as HTML 4.01/CSS 2), the long-awaited introduction of tabbed browsing, and an integrated RSS feed reader. Many of these features are already included in Opera, and improved anti-phishing features will debut with the imminent (if delayed) arrival of Firefox 2.0, so to some extent market-leader Microsoft could be described as playing catch-up with its smaller rivals.
More
Monday, October 09, 2006
Red Planet Double Team
NASA’s newest Mars orbiter has spied the plucky rover Opportunity perched at the rim of the red planet’s massive Victoria Crater as both vehicles explore the fourth planet from the Sun.
Appearing almost as a shiny boulder, Opportunity’s lumpy outline and its camera mast shadow can easily be seen in a high-resolution image of Victoria Crater taken by NASA’s Mars Reconnaissance Orbiter (MRO) and released by the space agency on Friday.
See More Large Photos...
Sunday, October 01, 2006
The American Economy Dethroned By the Swiss ...
Switzerland was the most competitive country in the world in 2006, according to the yearly rankings published by the World Economic Forum . Yesterday, the people responsible for the rankings said the Confederation's public institutions and scientific research programs were the best in the world.
Our Swiss neighbors, who were number four last year, have thus managed to nose out the usual champions, Finland and Denmark, with the United States now dropping to number six in the rankings, two thirds of which are based on the results of a survey carried out of 11.000 of the planet's business executives.
"Switzerland has a well developed infrastructure in terms of scientific research," says Augusto Lopez-Claros, the chief author of this Global Competitiveness Report . "Good institutions and competent macroeconomic management, coupled with world-class educational attainment and a focus on technology and innovation, are a successful strategy for boosting competitiveness in an increasingly complex global economy," he added.
In addition to its infrastructure, Switzerland received good grades on its institutional framework, characterized by a "respect for the rule of law, an efficiently working judicial system, and high levels of transparency and accountability within public institutions." In this domain, the United States, very well noted for its technological innovation, has been outdone again this year: it has dropped five places in rankings because of the increasing mistrust on the part of economists of the burgeoning deficits and debt of the country. Washington is therefore number 69 of 125 in terms of "macroeconomic environment."
More...
Our Swiss neighbors, who were number four last year, have thus managed to nose out the usual champions, Finland and Denmark, with the United States now dropping to number six in the rankings, two thirds of which are based on the results of a survey carried out of 11.000 of the planet's business executives.
"Switzerland has a well developed infrastructure in terms of scientific research," says Augusto Lopez-Claros, the chief author of this Global Competitiveness Report . "Good institutions and competent macroeconomic management, coupled with world-class educational attainment and a focus on technology and innovation, are a successful strategy for boosting competitiveness in an increasingly complex global economy," he added.
In addition to its infrastructure, Switzerland received good grades on its institutional framework, characterized by a "respect for the rule of law, an efficiently working judicial system, and high levels of transparency and accountability within public institutions." In this domain, the United States, very well noted for its technological innovation, has been outdone again this year: it has dropped five places in rankings because of the increasing mistrust on the part of economists of the burgeoning deficits and debt of the country. Washington is therefore number 69 of 125 in terms of "macroeconomic environment."
More...
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