Thursday 14 April 2011

Bench Craft Company on the specialty of insurance


A 75-year-old woman was recently arrested by the Georgian police after she single-handedly cut off Internet connections in Georgia and neighbouring Armenia.


AFP reports that the pensioner was digging for scrap metal with the intention of stealing it when she stumbled upon a fibre-optic cable which runs through Georgia to Armenia, forcing thousands of Internet users in both countries to lose Internet connection for several hours. Georgian Railway Telecom, the company that owns the cable, said that the latest damage was serious, causing 90 percent of private and corporate Internet users in Armenia to lose access for nearly 12 hours while also hitting Georgian Internet service providers.


“I cannot understand how this lady managed to find and damage the cable. It has robust protection and such incidents are extremely rare,” Giorgi Ionatamishvili, Georgian Railway Telecom’s marketing head, told AFP.


Apparently, this wasn’t the first time it happened. In 2009, another scavenger damaged a fibre-optic cable while hunting for scrap metal in the impoverished ex-Soviet state, forcing many Georgians’ Internet connections to get interrupted.


The woman has been charged with damaging property and could face up to three years in prison if convicted.



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Gionta nets 2 as Price, Canadiens blank Bruins


Carey Price returned as Montreal's starting playoff goalie with his third postseason shutout, Brian Gionta scored twice and the Canadiens opened the series with a 2-0 win over the Boston Bruins on Thursday night.


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Mario &amp; Sonic at London Olympics sighted? <b>News</b> - Wii - Page 1 <b>...</b>

Read our Wii news of Mario & Sonic at London Olympics sighted?.


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Great <b>news</b>: Working population percentage drops to three-decade <b>...</b>

Great news: Working population percentage drops to three-decade low.


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We’ve been hearing all kinds of Chatter that the next version of Final Cut Pro will debut in Vegas at NAB next week.  Thing is, we hear this every year and Apple hasn’t really done a NAB properly in awhile.  That’s OK, we’ll take that we can get.

Rumors are flying that Apple will be using the Vegas Supermeet to announce the next version of Final Cut Pro. Supposedly, Apple will be taking over the entire event for their announcement, cancelling all other sponsors, including AJA, Avid, Canon, BlackMagic, Autodesk and others, who were set to give presentations.

Philip Bloom just confirmed with me that Canon has canceled his appearance at the Supermeet. Canon was told last night that Apple has demanded ALL “lecturn” or stage time exclusively. Some sponsors who were not using presenters may continue to sponsor the Vegas event, but none of them will be presenting on the stage. I can’t imagine any news that would warrant this kind of “take-over” other than to announce and demonstrate the next full version of Final Cut Pro and possibly an entirely newly designed FCS4.

(UPDATE: Avid confirmed that Supermeet (Michael Horton) told them last night that their sponsorship had been cancelled. According to Avid, “Apple doesn’t want anyone to have stage time but them.”)

Who’s up for Vegas?

We heard the first concrete details about Apple’s all new Final Cut Pro coming during Spring this year, and recently some new information has come to light. Final Cut Studio expert Larry Jordan was one of the people at Apple’s meeting, demonstrating the upcoming upgrade to the professional film-making software.

Jordan can’t say much about the upgrade, due to an NDA with Apple, but he did say it is a “jaw-dropper.” Besides the “jaw-dropper” part, the thing we are taking most from his blog post is the fact that Apple allowed him to write it up. It appears that Apple already considers the software public knowledge. Afterall, Apple CEO Steve Jobs did tell a 9to5mac reader to buckle up for it.

Thanks to Charlie Sanchez

  • Next Final Cut Pro is a “jawdropper,” Apple considers it public knowledge, and will it drop at NAB? (9to5mac.com)
  • Apple says last Xserve orders shipping in April, here’s what’s next for XSAN (9to5mac.com)
  • Nasdaq to cut Apple’s weighting in rebalancing (9to5mac.com)
  • Feeling the heat, HP and Dell execs lash out at Apple, pray iPad will fail (9to5mac.com)
  • Certain MacBook Pro models ‘unavailable’ for reservation at many Apple Stores (9to5mac.com)
  • Apple asks Toyota to remove the Scion theme from Cydia (9to5mac.com)
  • New Final Cut Pro hits Spring ’11 and it’s the “biggest overhaul yet” (9to5mac.com)
  • iOS 5 pushed to the fall: major revamp, cloud-based, WWDC preview? (9to5mac.com)
Given the current cost of components, a prepaid contract-free iPhone with less internal storage would likely earn Apple only about 16 percent gross margin if it were priced at $300, a new analysis has estimated.



Analyst Charlie Wolf with Needham & Company took a closer look at the prospect of a hypothetical "iPhone lite," to see if it would be in Apple's best interest to build such a product. A cheaper iPhone has been viewed as a strategy that would work to Apple's advantage in emerging markets like China.



In February, both Bloomberg and The Wall Street Journal reported that Apple is working on a smaller and cheaper iPhone that it could sell contract-free. Soon after, The New York Times chimed in, and claimed that while Apple is not working on a smaller iPhone, it has explored opportunities in developing a cheaper handset.



Wolf largely agrees with the Times, and doesn't see a smaller iPhone with a new form factor as something that would be in Apple's best interest, even though it would be the easiest way to cut costs and created a cheaper handset.



"In our view, the iPhone would not be an iPhone if the display were, say, cut in half," he said. "Such a move would (dramatically) reduce the value of the iPod module for video viewing as well as the size of web sites accessed through the Safari browser. A smaller screen would also degrade the experience in using some applications, not to mention the possibility that some applications would probably have to be rewritten to accommodate a smaller screen."



iSuppli estimated that the 16GB iPhone 4, when it launched last June, carried a bill of materials of $188. The iPhone has an average selling price of $625 with a carrier subsidy, while gross margin is usually around 50 percent, suggesting that additional costs like assembly, software, testing, licenses and warrantees add up to $100 or more.



Ruling out the possibility of a smaller iPhone, Wolf said Apple could reduce internal storage from 16GB to about 4GB, but that would only reduce the bill of materials by $30 to about $157. By his estimation, such a handset would still have a total cost of $270.



"Apple would at best break even if it priced an iPhone Light at $250; and it would earn a modest 16% gross margin if it priced it at $300, which we regard as the high end of the range for a prepaid phone," Wolf wrote.



Gross margins of just 16 percent would be a number uncharacteristically low for Apple. For example, in its last quarterly results for the 2010 holiday buying season, Apple reported margins of 38.5 percent, or more than twice Wolf's estimate for a low-cost, no-contract iPhone.



"We suspect that the iPhone's designers and engineers have thought about this a lot more than we have so that the cost savings would be somewhat greater than we've estimated," Wolf said. "If, for example, the expenses incurred beyond the cost of components could be materially reduced, Apple might be able to earn a gross margin of 20% pricing the phone at $250 and 33% gross margin pricing it at $300."



The possibility of a cheaper iPhone with fewer features was hinted at by Apple Chief Operating Officer Tim Cook earlier this year. Cook, in an interview with Bernstein Research analyst Toni Sacconaghi, said Apple doesn't want its products to be "just for the rich."



Cook reportedly said that Apple is planning "clever things" to compete in the prepaid handset market. He also stated that Apple is "not ceding any market." He also referenced China, where Apple has found great success of late, and noted that it is a "classic prepaid market."




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Kevin’s post and David Glenn’s story are deeply troubling in so many aspects that it’s hard to pick out which ones are the worst. The popularity of the business major, the low work-demands made of students, the quirky assignments and exams . . . they add up to, well, what we get as documented in Academically Adrift.  That is, low learning outcomes, little coordination between pedagogy and outcomes, and meager effort on the part of students.


But something else in the story bears highlighting, and it might go to the heart of the problems of the business major.  In their analysis of CLA scores for undergraduates, Arum and Rooksa found that business majors score the lowest on writing-and-reasoning skills improvement while in the first two years of college.


A big problem, indeed, when set alongside another statement made by Glenn at the end of the piece: “According to national surveys, [employers] want to hire 22-year-olds who can write coherently, think creatively, and analyze quantitative data.” Note what comes first: the writing. We hear it in just about every survey I’ve seen which asks employers about problems or needs in the workplace.  They always emphasize communication skills, particularly writing skills. In sum, businesses need competent writers who draft clear prose. Not PowerPoint slides, spread sheets, or Web sites alone, but prose for reports, correspondence, agreements, white papers, etc. Not collaborative composition only, but solitary composition, too.


That’s the reality, but in Glenn’s story, I found only one case in which the examination of writing quality was emphasized, the University of Viriginia’s business school.


Why doesn’t it come up all the time?


Obviously, because writing is a labor-intensive activity for student and for professor.  Assign each student a 15-page white paper on some subject or another and the workload for everyone rises considerably. For the student, it means paying attention to punctuation, diction, transitions, and structure, not to mention pursuing one line of thought through 3,000 words. For the professor, it means grading punctuation, diction, transitions, and structure, not to mention one line of thought through 3,000 words.


It is precisely the kind of training that business majors need and employers prefer, but it looks just too darn onerous for students and for teachers. Even if students end up on the job writing more PowerPoints than long papers, the training in prose composition in school pays off.


We should guard against an assumption cited in the article that what people will do in the workplace should be replicated in the classroom.  This is to align training and the thing you will eventually do too closely.  Students should write papers that are longer than the things they will have to write in the workplace.  They should spend more time alone than they will in the workplace.  Training should always require practices that exceed the tasks that need to be handled later on.


If business school leaders wish to improve learning outcomes and raise the workplace readiness of graduates, they have a simple option: require a year-long composition course at the beginning of the major. That course should focus on prose and should minimize collaborative work.



One important thing about cities is their sex appeal — their magnetism. Places flourish when they attract people, resources, opportunities, and ideas, and match them to one another. Cities are much more than the built environment of roads and real estate. Cities are about relationships, and whether people have access to opportunities. Cities are one big dating game.



When cities lose their magnetism, the whole population suffers. The deterioration of Detroit began well before recent auto industry woes; its population plunge was confirmed by the latest Census. Some attribute decline to bad urban redevelopment schemes or corrupt politics that failed to improve schools or reduce crime. "A once-great American city today repels people of talent and ambition," a Wall Street Journal columnist wrote recently. A local leader told him, "It's been class warfare on steroids, and ... so many Detroiters who had the means — black and white — have fled the city."



Cleveland is another shrunken city with significant poverty. In the 1980s, Cleveland Tomorrow, a coalition of major company CEOs, sponsored downtown projects, including a new baseball stadium and the Rock and Roll Hall of Fame. This attracted luxury apartment developments, luring the affluent to the center city and revitalizing it. But inner city ghettoes were barely touched, and the region continued to lose high-wage manufacturing.



There's a tale of two cities within many city borders: one rich, the other very poor. Dubai, a gleaming new city of luxury high rises, is ringed by hidden slums for temporary service workers from the underclass of Asian nations. In New York, the middle class, including young families, cannot afford to live in the city. Baton Rouge has affluent areas with some of Louisiana's best quality-of-life indicators and extreme poverty areas with some of the worst. Other divides include racial and ethnic enclaves that vary in opportunities — for example, minority entrepreneurs with promising business ideas who can't access mainstream sources of capital and support.



Cities should be connectors but can have connection problems. Cities are where all parts of life come together: jobs, health, education, environmental quality. Yet, in most cities, businesses, schools, hospitals, and city services still operate in silos. And the political boundaries of cities don't encompass their true extent or the flow of people, as the Brookings' Metropolitan Policy Center points out. IBM's Smarter Cities Challenge supports efforts to use technology for connected regional solutions.



Interdependence among urban issues makes vicious cycles worse. If there is no action on high youth unemployment or poor educational quality and high school dropout rates, then too many African-American males end up in prison. High crime rates make sections of cities undesirable, and neighborhoods deteriorate. Aging buildings and toxic environments then cause health problems, such as lead poisoning or asthma, which disproportionately affect inner city children. Children in poor health have trouble learning, learning problems are associated with school dropouts, and vicious cycles continue.



Pivotal investments can start virtuous cycles. The transformation of Miami from sleepy southern city to international trade hub and informal capital of Latin America was propelled by investments in a world class airport and a flood of immigrants from Fidel Castro's Cuba. Mayors and civic leaders took advantage of this to attract new businesses and tout Latin connections, as my book World Class describes. But progress stalls if benefits don't reach the grass roots, racial divides persist, and major institutions fail to collaborate. The Miami Foundation's emerging leaders program is designed to deploy diverse younger professionals for major civic projects.



Revitalizing cities requires national urban policy investments and social innovations on the ground. Leadership might come from:



  • Enlightened mayors who build public-private partnerships or join Cities of Service, which align the city and non-profits around high-impact goals.


  • Business leaders, such as former Miami Herald publisher David Lawrence, who rallied Miami-Dade County to vote for a tax increase (Yes to new taxes!) to create the Children's Trust, a fund to improve life for all children.


  • Faith communities, such as Rev. Raymond Jetson's community organizing toward a coalition for "A Better Baton Rouge."


  • Financiers, such as Tim Ferguson and Ron Walker, who co-founded Next Street to invest in inner city businesses.


  • Social entrepreneurs, such as Hubie Jones, who wants to replicate a birth-to-college educational model like the Harlem Children's Zone in Boston.


  • Community foundations with a strategic perspective, seeking integrated solutions across issues such as youth employment, education, health, and green plans.




The best social innovations will connect people and institutions, producing an infrastructure for collaboration. That social infrastructure will increase the sex appeal of cities by going beyond initial attraction to build lasting relationships for lasting improvements.



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Courteney Cox Does Letterman and Other <b>News</b> - The Superficial <b>...</b>

Gwyneth Paltrow makes bulimia fancy again. - Robert Pattinson is spreading disease. - Emily Browning stars in a movie about high-end date rape and,


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Taptu allows iPad owners to “DJ your <b>news</b>” | VentureBeat

Anthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining ...


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