Wednesday, January 23, 2013

Microsoft Has No Business Selling Tablets: Josh ... - Yahoo! Finance

Microsoft (MSFT) announced Monday it will begin selling its Surface Pro tablets to consumers on Feb. 9.

The Surface Pro tablet will retail for $899. It offers a faster processor and greater power than its sister Surface RT tablet (which sells for half the price). Microsoft entered the tablet market in October 2012 ? about 2.5 years after Apple (AAPL) debuted its iPad.

Microsoft will report sales of its tablets on Thursday when the Seattle-based company releases fourth-quarter earnings. According to Wall Street estimates, sales may be lackluster.

UBS analyst Brent Thill told The New York Times he slashed his Q4 Surface sales forecast by half; he?s now expecting sales to total 1 million, down from 2 million. In comparison, Apple reported last November that it sold 3 million fourth-generation iPads in three days after the product?s launch.

Related: Microsoft Can't Catch a Break: Tablet Sales "Almost Nonexistent" According to NPD

Microsoft definitely faces an uphill battle in the tablet market. Consumers can choose from a diverse array of tablets including Barnes & Noble?s (BKS) Nook, Amazon?s (AMZN) Kindle, the HP (HPQ) Envy, the Archos 101 G9, Acer Iconia Tab, Samsung Galaxy, Blackberry Playbook (RIMM) and the Google (GOOG) Nexus 7.

Josh Brown, vice president of Fusion Analytics and author of the widely read ?The Reformed Broker? blog, says Microsoft has no business being in the hardware business.

?The public is not clamoring for a Microsoft products,? he says in an interview with The Daily Ticker. ?I don?t know if the Surface launch accomplished anything other than ?hey we?re in this business now.??

Brown advises against owning shares of Microsoft and says only a leadership change at the upper echelon of the Microsoft corporate ladder ? including the departure of CEO Steve Ballmer ? would be the catalyst to push the stock higher.

Related: Is Microsoft CEO Steve Ballmer's Job in Jeopardy?

Reports that Microsoft may provide capital for a deal that would take computer maker Dell (DELL) private could be seen as a veiled attempt by Microsoft to boost sales of its Windows operating platform. Dell has been a long-time partner and supporter of Microsoft as well as an important source of Microsoft?s profits.

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Source: http://finance.yahoo.com/blogs/daily-ticker/microsoft-no-business-selling-tablets-josh-brown-163449095.html

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Code Rally, a developer gaming community, in the Academy ...

Have you already heard about Code Rally?

What do you think if you could learn about artificial intelligence concepts with this rally game?

As stated in the ?Academics? section in the Code Rally page:
?
Implement into Curriculum:

Code Rally can be used as part of the in-classroom curriculum to demonstrate programming concepts and have students practice implementing those concepts in a fun to learn way. Teaching loops? Have students utilize them in their car?s code. Teaching arrays? Have your students populate an array with track checkpoints and reference those points.

Run a Hack Night:
A ?hack night? (also known as a ?hackathon?) is a one night (or day) event in which students have a set number of hours to solve a problem and implement a programmatic solution. Code Rally works great in this format. Over a 3-4 hour period, students are introduced to the concepts and the tools and build their cars. At the end of the night, a champion is crowned.


Form a club:

One of the best things about Code Rally is that there is no limit to the improvements and creativity that can go into a car?s code. Why not form a campus club where students form teams, collaborate on implementation ideas, and gather weekly to race their cars against each other on a big screen!

?

Check it out and download it:

https://www.ibm.com/developerworks/mydeveloperworks/blogs/code-rally/entry/landing?lang=en

Source: http://asmarterplanet.com/studentsfor/blog/2013/01/code-rally-in-the-academy.html

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Disaster Recovery/Business Continuity | UserEdge Technical ...

Category: Jobs, Temporary/Contract Positions

Posted on: January 22nd, 2013

Location: Northern NJ, NJ

Salary:

Description:

UserEdge Technical Personnel is pleased to be working on the following opportunity in Northern NJ.

?

Resumes or referrals are welcome to Melissa@useredge.com

?

Disaster Recovery/Business Continuity ? Contract Term: anticipated 6 months

Location: Northern NJ

?

  • Must have experience with Disaster Recover and Business Continuity Planning, Testing, Documentations of findings and Process Improvement.
  • Must have IT experience, including large scale infrastructure and risk management for IT activities.- 7-10 years required
  • This is a blended role of BC and DR.

?

A more detailed description will be available shortly.

Source: http://useredge.com/2013/01/22/disaster-recoverybusiness-continuity/

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Tuesday, January 22, 2013

Russians leaving Syria cross into Lebanon

MASNAA, Lebanon (AP) ? Four buses carrying Russian citizens escaping the Syrian civil war crossed into Lebanon on Tuesday, in the first evacuation organized by Moscow since the start of the conflict nearly two years ago.

About 80 people, mostly women and children, were on the buses, according to an official from the Russian Embassy in Beirut who was waiting for the group at the Masnaa border crossing in eastern Lebanon. The official spoke on condition of anonymity because he was not authorized to talk to the media.

The evacuation was the strongest sign yet of Russia's doubts in the ability of President Bashar Assad's regime to cling to power.

Russian officials said Monday that about 100 of their citizens in Syria will be taken out overland to Lebanon and flown home from there, presumably because of renewed fighting near Damascus airport. They also said thousands more could follow ? many of them Russian women married to Syrians ? and later evacuations could be by both air and sea.

Russia has been Assad's main ally since the uprising against him began in March 2011, using its veto power in the U.N. Security Council to shield Damascus from international sanctions over the Syrian regime's brutal crackdown on dissent.

Assad has dismissed calls that he step down, claiming that the country is fighting Islamic extremists and terrorists. He has proposed a national reconciliation conference, elections and a new constitution, but the opposition insists he can play no role in a resolution to the conflict.

Last month, Russia started distancing itself from Assad, with President Vladimir Putin saying that he understands Syria needs change and that he was not protecting the Syrian ruler.

Some of the Russians inside the buses crossing into Lebanon on Tuesday closed the curtains so that they won't be seen by journalists waiting at the border. Many refused to comment and those who did said they were going home to visit relatives.

The group was expected to travel to the Lebanese capital and board two planes that Russia sent to Beirut to take them home.

Syrian conflict began as peaceful protests against Assad's rule but turned into civil war that has claimed more than 60,000 lives, according to a recent United Nations estimate.

As the evacuation got under way, Syrian government forces and rebels battled in the suburbs of Damascus and elsewhere in Syria on Tuesday.

The Britain-based Syrian Observatory for Human Rights said clashes between opposition fighters and troops were concentrated in the areas around the capital, including along the road linking it to the international airport.

Persistent fighting along the airport road has prompted regional and international airlines to suspend flights to Damascus in recent weeks, although Syrian officials maintain that the airport facility remains open.

No casualties were immediately reported in Tuesday's fighting.

Source: http://news.yahoo.com/russians-leaving-syria-cross-lebanon-123450239.html

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Saturday, January 19, 2013

Lilly drug chosen for U.S.-sponsored Alzheimer's trial

(Reuters) - Researchers have selected Eli Lilly and Co's experimental treatment, solanezumab, for a federally sponsored study of whether Alzheimer's disease can be slowed or prevented in older patients who have not yet developed significant memory problems.

The closely watched "A4" prevention study will select 1,000 participants aged 70 to 85 who have varying levels in their brains of amyloid protein - believed to be a main cause of the memory-robbing disease.

"This is the first time investigators will test an amyloid-clearing drug in older individuals thought to be in the pre-symptomatic stage of Alzheimer's disease," Brigham and Women's Hospital said on Friday.

The affiliate of Harvard Medical School is helping coordinate the three-year study, which could cost up to $100 million.

Solanezumab, a monoclonal antibody given by infusion, failed in two earlier Lilly-sponsored trials to slow the progression of the disease in patients who already had mild and moderate symptoms.

But when data from the two large Phase III trials was combined and analyzed last summer, cognitive declines were slowed by 34 percent among patients who started out with only mild symptoms. It was the first time any drug ever arrested the progression of Alzheimer's.

In the new prevention trial, patients will be selected by using a radioactive Lilly imaging agent called Amyvid (florbetapir) that can detect amyloid plaques in the brain. The agent is approved in the United States and awaiting approval in Europe.

Dr. Reisa Sperling, a Harvard neurology professor who will lead the A4 trial, said she and her colleagues are hoping solanezumab will reduce memory decline by 30 percent. That would be similar to the benefit seen among already mildly symptomatic patients in Lilly's earlier pair of large studies.

"But in asymptomatic people, a 30 percent slowing might prevent symptoms from ever developing at all," Sperling said. "In others, they might develop symptoms, but not get to the stage where they need help with daily activities," she said in an interview.

Sperling said final data from the trial will not be seen until 2018. Meanwhile, other Alzheimer's drugs will be tested beginning next year as part of her project, including a promising class of drugs called beta secretase inhibitors.

Solanezumab and an anti-amyloid drug being developed by Roche Holding AG were selected in October for another high-profile prevention trial, but it involves younger patients with a genetic high risk of developing Alzheimer's disease.

The study will begin early this year at Washington University School of Medicine in St. Louis. It is being supported by DIAN, a U.S.-funded collaboration of leading Alzheimer's disease centers worldwide.

Lilly shares closed 0.8 percent higher on the New York Stock Exchange.

(Reporting By Ransdell Pierson; Editing by Gerald E. McCormick, Steve Orlofsky and Andre Grenon)

Source: http://news.yahoo.com/lilly-drug-chosen-u-sponsored-alzheimers-trial-191330835--finance.html

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Friday, January 18, 2013

Wall Street edges lower on earnings, China data

NEW YORK | Fri Jan 18, 2013 10:46am EST

NEW YORK (Reuters) - Stocks opened little changed on Friday, a day after the S&P 500 rose to its highest level in five years, as a weak outlook from Intel offset a fourth-quarter profit at Morgan Stanley.

Shares of Intel Corp (INTC.O) slumped 6.1 percent to $21.30 after the tech company forecast quarterly revenue that was below analysts' estimates and hiked capital spending plans for the year.

That was offset somewhat by a 5-percent gain in shares of Morgan Stanley (MS.N), which reported a fourth-quarter profit after a year-earlier loss, helped by higher revenue at the bank's institutional securities business. Its stock jumped 5.3 percent to $22.84.

The earnings season so far has been mixed, but that could change with a barrage of releases scheduled for next week, said Doug Cote, chief market strategist, ING Investment Management in New York.

"There were some good reports but the real big bellwether companies are not coming in strong," said Cote.

The Dow Jones industrial average .DJI edged up 8.02 points, or 0.06 percent, at 13,604.04. The Standard & Poor's 500 Index .SPX slipped 1.20 points, or 0.08 percent, to 1,479.74. The Nasdaq Composite Index .IXIC lost 7.52 points, or 0.24 percent, to 3,128.48.

Overall, S&P 500 company earnings are expected to have risen 2.3 percent in the fourth quarter, Thomson Reuters data showed. Expectations for the quarter have dropped considerably since October, when a 9.9 percent gain was estimated.

On Thursday, the S&P 500 rose to its highest since late 2007, and that could prompt investors to lock in recent gains, analysts said.

Economic data out of China provided some support to the market, though the focus remained on U.S. corporate earnings. The country's economy grew at a modestly faster-than-expected 7.9 percent in the fourth quarter, the latest sign the world's second-biggest economy was pulling out of a post-global financial crisis slowdown which saw it grow in 2012 at its weakest pace since 1999.

General Electric (GE.N) reported a better-than-expected rise in earnings on Friday, spurred by robust demand in China and oil-producing countries. Shares were up 2.4 percent to $21.82.

Despite the gains in Morgan Stanley, financial stocks sagged as Capital One Financial (COF.N) reported disappointing profit. Capital One slumped 7.4 percent to $57.06, while the KBW bank index .BKX slipped 0.4 percent.

Research In Motion (RIMM.O) (RIM.TO) climbed 4.7 percent to $15.61 after Jefferies Group boosted the BlackBerry maker's rating and price target.

(Editing by Bernadette Baum)

Source: http://feedproxy.google.com/~r/reuters/businessNews/~3/7EwGbbjHRNQ/us-markets-stocks-idUSBRE90D0CG20130118

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Europe backs French Mali mission with strong words, modest means

European backing of France appears to be holding steady after hostages were reportedly killed at a gas field in the region. But the support is a far cry from the coalition that toppled Qaddafi.

By Nick Squires,?Correspondent / January 17, 2013

Villagers wave to the French military as they pass the town of Konobougou, Mali, on Thursday. European Union states will send some 450 military personnel to train Mali government forces in the fight against Islamist rebels.

Joe Penney/Reuters

Enlarge

As France continued its military intervention in Mali in the wake of a reportedly deadly Algerian army attempt to rescue hostages at a natural gas field deep in the Sahara Desert on Thursday, its European partners offered plenty of rhetorical solidarity but little concrete support for the operation.

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With Paris expected to increase the number of troops in Mali from 1,400 to around 2,500 in order to take on Islamist extremists, there were few signs that the rest of Europe was prepared to build the kind of coalition that successfully ousted Col. Muammar Qaddafi?s regime in Libya in 2011.

While the French called for military backup in Mali, leaders in other European capitals appeared reluctant to commit to another war in a Muslim country, in the wake of the expenditure of blood and treasure in Iraq, Afghanistan, and Libya.

"You say, 'We'll give you nurses and you go get yourselves killed,'" said Daniel Cohn-Bendit, a French deputy in the European Parliament, as he tried to encourage other European countries to commit troops and military hardware to the intervention in Mali. "We [Europe] will only be credible if French soldiers are not the only ones getting killed."

The European commitment to the French effort in its former colony has so far been modest.

Britain, Belgium, and Denmark have provided C-17 and C-130 transport aircraft to ferry supplies to Mali, while a European observation satellite is furnishing intelligence for French forces on the ground.

Italy has also pledged limited support, including the use of Boeing 767 tankers for the in-flight refueling of French military aircraft and the dispatching of up to 24 military personnel to help train the Malian army.

Like other European countries, Italy has offered plenty of moral support to the French intervention, but has made it clear that it will not be putting boots on the ground.

?It is important to find a rapid solution to this crisis and to avoid terrorist forces becoming firmly established in this part of the world,? Defense Minister Giampaolo Di Paola told the Senate on Wednesday.

There was a danger of Mali turning into an ?Alqaedistan? of Islamist extremism virtually on southern Europe?s doorstep, said an Italian foreign affairs official.

Staffan De Mistura, an undersecretary who has long experience of conflicts in Lebanon, Iraq, Afghanistan, and Somalia, told Corriere della Sera newspaper: ?This is the first time that a territory the size of France has fallen into the hands of Al Qaeda."

?Even if one risks a new Afghanistan, or even an ?Alqaedistan,? we cannot have a country like Mali being taken over by a fundamentalist dictatorship that threatens the world.?

But the Italian government said that while it was important to show solidarity with the French, Italian troops would not be joining the fight to liberate northern Mali from the hold of extremists.

The Italian left seemed even less enthusiastic about the French campaign in Mali, in the heart of one of the traditional spheres of Gallic influence.

?Once an empire, always an empire,? said the left-leaning national newspaper La Repubblica in a front page editorial.

It noted that the French empire was once 25 times the size of France itself and that Paris retains important strategic and economic interests in Africa, particularly in the west. ?France is intervening in Mali not just to confront Al Qaeda fundamentalists but also to reaffirm its influence in its former colonies,? the newspaper commented.

The European Union on Thursday gave approval to sending a 450-strong training mission to Mali to train its army.

"The threat of jihadi terrorists is something that should be a matter of great concern to all of us," the Dutch Foreign Minister, Frans Timmermans, said on his way into a meeting of EU foreign ministers in Brussels. "And there is not one European country that can hide if this threat would present itself to the European continent."

But the firm rhetoric of officials in Brussels was hardly matched by the nature of the EU mission ? its soldiers will not be engaging in any combat.

There were some positive signs for the French campaign, however.

None of its European partners seemed inclined to cancel or scale back their support, however modest, in the light of events in Algeria, where Algerian military helicopter gunships reportedly killed up to 35 oil workers and 15 of their captors amid efforts to end to a two-day hostage crisis at a remote natural gas field in the country?s east.

And there were hints that over the coming weeks Europe might be persuaded to send a few combat troops to back up the French in Mali.

Some EU members were considering "an offer of troops," although "we won't force anyone," said French Foreign Minister Laurent Fabius after emergency talks in Brussels.

Reflecting the reluctance of European capitals to commit to another war in an Islamic country that could drag on for years, he conceded that ?there are limits to security and defense policy, even if that is to be regretted.?

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/SJxhVoNj9Kk/Europe-backs-French-Mali-mission-with-strong-words-modest-means

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