Friday, December 31, 2010

Risk Management for the Technology Sector:

Risk Management for the Technology Sector: A Year in Review

2010 was a year of technology achievements, discoveries, litigation, compliance and legislative changes. That was the theme of the keynote speech from Julie Davis at the California Women's Network Group meeting held at the Four Seasons Hotel in Palo Alto, California.
With the calendar year coming to a close, Davis provided a speech entitled "Technology Risk Management: Year in Review," scoping the top trends driving risk management in the technology sector.
The hour-long keynote included:
  • Review of the top 30 court cases that topped the news for technology firms in 2010, including class actions, U.S. Supreme Court decisions and surprising twists in cases involving network, privacy, security and technology E&O.
  • Review of the top 10 legislative issues to watch in 2011 and review of the insurance disputes and claim denials that made the headlines in 2010.
  • Review of the adjustments that insurance carriers and CFOs may need to anticipate in 2011.
Most sources predict a slight uptick in litigation for technology firms in 2011 and most is expected in the areas of compliance, intellectual property, network risk, privacy and security and contractual matters.
Julie Davis joined Heffernan Insurance Brokers after a long tenure with Aon, managing their national emerging technology division. 
She is also the founder of non-profit RiskCommunities and shared the vision of the non-profit Tech Risk Institute(TM) with the audience. To date, she has conducted over 20 video interviews on topics, key to the technology sector, including:
Intellectual Property Strategy: http://www.youtube.com/watch?v=SKXhszwtoeI
Update on Patent Litigation: http://www.youtube.com/watch?v=4YgkZsrPddU
Update on Patent Markings: http://www.youtube.com/watch?v=KSDCZmVa1Mo
Update on Bilski Patent Case and Impact on Tech Sector: http://www.youtube.com/watch?v=3M7U6Nixqnw
Changes in Venture Capital: http://www.youtube.com/watch?v=YFLH1Pg10ac
Business Valuations from Venture Capital Perspective: http://www.youtube.com/watch?v=8rdTLagLj28
Economy and Changes in Business Valuations: http://www.youtube.com/watch?v=WYEmobfOxpk
Perspective on 409A, Valuation, Purchase Price: http://www.youtube.com/watch?v=CNL-4XStk_8
Risk Management, Innovation and Launching New Ideas: http://www.youtube.com/watch?v=40BItg9tq7E
Davis has also begun interviews with economic buyers of the technology sector that experience unique risk management needs: http://www.youtube.com/watch?v=6f2v0y-rNy0
Anna Smith, president of the California Women's Network Group, commented on the great turnout and interest in the presentation: "Technology companies are interested in innovative ideas to help them solve their challenges."

Thursday, December 30, 2010

What you pay for Medicare won't cover your costs

You paid your Medicare taxes all those years and want your money's worth: full benefits after you retire.
Nearly three out of five people say in a recent Associated Press-GfK poll that they paid into the system so they deserve their full benefits — no cuts.
But a newly updated financial analysis shows that what people paid into the system doesn't come close to covering the full value of the medical care they can expect to receive as retirees.
Consider an average-wage, two-earner couple together earning $89,000 a year. Upon retiring in 2011, they would have paid $114,000 in Medicare payroll taxes during their careers.
But they can expect to receive medical services — from prescriptions to hospital care — worth $355,000, or about three times what they put in.
The estimates by economists Eugene Steuerle and Stephanie Rennane of the Urban Institute think tank illustrate the huge disconnect between widely-held perceptions and the numbers behind Medicare's shaky financing. Although Americans are worried about Medicare's long-term solvency, few realize the size of the gap.
"The fact that you put money into the system doesn't mean it's there waiting for you to collect," said Steuerle.
By comparison, Social Security taxes and expected benefits come closer to balancing out.
The same hypothetical couple retiring in 2011 will have paid $614,000 in Social Security taxes, and can expect to collect $555,000 in benefits. They will have paid about 10 percent more into the system than they're likely to get back.
Updated periodically, the Urban Institute estimates are part of an effort that Steuerle and others began several years ago to try to illustrate the complicated finances of Medicare and Social Security in a format the average taxpayer could grasp. The Washington-based institute is a public policy center that focuses heavily on budget and economic issues. Its analysis is accepted among other policy experts in Washington, including economists in government.
Many workers may believe their Medicare payroll taxes are going for their own insurance after they retiree, but the money is actually used to pay the bills of seniors currently on the program.
That mistaken impression complicates the job for policymakers trying to build political support in coming months for dealing with deficits that could drag the economy back down.
Health care costs are a major and unpredictable part of the government's budget problems, and Medicare is in the middle. Recent debt reduction proposals have called for big changes to Medicare, making the belt-tightening in President Barack Obama's health care law seem modest. Some plans call for phasing out the program, replacing it with a fixed payment to help future retirees buy a private plan of their choice.
Peel back the layers, and there are several reasons why Medicare benefits and taxes are so out of line. First, the rapid rise in health care costs.
A single woman who retired in 1980, after earning average wages throughout her career, could expect to receive medical care worth about $74,800 over the rest of her lifetime. A comparable woman retiring in 2010 can expect services worth $181,000. Those numbers are in 2010 dollars, adjusted for inflation so they can be compared directly.
Another reason is that payroll taxes cover most, but not all, of Medicare's costs. They are earmarked for the giant trust fund that pays for inpatient care.
Outpatient doctor visits and prescription drugs are paid for with a mix of premiums from collected from beneficiaries and money from the government's general fund. Seniors pay only one-fourth of the costs of those benefits through their premiums.
The system has worked for 45 years, with occasional fine tuning. But the retirement of the baby boomers, the first of whom become eligible for Medicare in 2011, threatens to push it over the edge.
Medicare covers 46 millions seniors and disabled people now. When the last of the boomers reaches age 65 in about 20 years, Medicare will be covering more than 80 million people. At the same time, the ratio of workers paying taxes to support the program will have plunged from 3.5 for each person receiving benefits currently, to 2.3.
"With Medicare, we are all still making out like bandits, shoving all those costs to future generations," said Steuerle. "At another level, we know that this system is totally unsustainable."

Wednesday, December 29, 2010

Friday, November 12, 2010

Nokia 5530 XpressMusic Review - A plunge into mediocrity

Another day, another Nokia XpressMusic phone. This time we are going to take a look at a mid-range music phone, Nokia 5530 XpressMusic. 
Besides its audio-centric features, the handset comes with a resistive touchscreen and runs on the Symbian 9.4 5th Edition platform. These attributes are shared by almost all XpressMusic phones launched after Nokia 5800. The Finnish giant seems to take the XpressMusic lineup very seriously, hence the diversity of the handsets included in the series.
It looks like Nokia aims to design an XpressMusic phone for anyone, by adding or removing features from a “standard” set. Some of these handsets feature a QWERTY keyboard or a touchscreen, others have a good camera, while some simply rely on sound quality, depending on their target.
Announced in June 2009, Nokia 5530 was launched on the market in August 2009 and can be bought for about 240 US dollars without a subscription. Potential customers can choose from five available color schemes: Red on black, Blue on white, Grey on black, Pink on white and Yellow on white.



Design

Even though the XpressMusic series is one of the largest handset lineups made by Nokia, it seems that design wasn't the manufacturer's main concern. 

Once Nokia 5800, the company's first touchscreen phone, was launched, the entire lineup that came afterwards looks like it has been standardized. Of course, there are some differences, but “evolution” is not the first word that comes to your mind when you compare Nokia 5800 with any other XpressMusic handset.
Display and Camera 

Nokia 5530 features a TFT 2.9-inch resistive touchscreen that supports 16 million colors with 360x640-pixel resolution, which can also be controlled with the stylus included in the sales package. Unfortunately, going back to a resistive touchscreen after using a capacitive one for a long time can cause finger damage. Seriously speaking, I had a hard time typing fast or dialing unless I was using the stylus.

Menu and Software 

Nokia 5330 runs Symbian 9.4, with the S60 5th Edition interface, the same as its XpressMusic touchscreen siblings. Little to no improvements have been applied to the graphical interface, and the same goes for its functionality.

Communication 

Nokia 5330 is a quad-band GSM (850/900/1800/1900) handset that features GPRS and EDGE class 32 as the only options for data transfer connections when you're not near a Wi-Fi hotspot.

Processor and Memory 

Nokia 5330 is powered by the same ARM11 family processor running at speeds of up to 434 Mhz that has been embedded in N97 model. The device works pretty smoothly, but I have noticed some lags when using other applications while the browser is open.



Multimedia

The smartphone features the same standard looking music player as Nokia N97 and Nokia 5800 XpressMusic, with little to no cosmetic changes. You have five pre-installed equalizer modes: Bass booster, Classical, Jazz, Pop and Rock. Other settings are: Balance, Loudness and Stereo widening.



Battery

The 1,000 mAh Li-Ion (BL-4U) battery has an officially stated life expectancy of 336 hours for standby mode and 4 hours and 45 minutes for talk time mode. The manufacturer also states a play back autonomy of almost 27 hours official.

After one week of full use I only need to charge the phone once. Overall, I would say the phone has an excellent battery, which is a perfect fit for the phone's features.


Monday, November 8, 2010

Energy Harvesting: Nanogenerators Grow Strong Enough to Power Small Conventional Electronic Devices

Blinking numbers on a liquid-crystal display (LCD) often indicate that a device's clock needs resetting. But in the laboratory of Zhong Lin Wang at Georgia Tech, the blinking number on a small LCD signals the success of a five-year effort to power conventional electronic devices with nanoscale generators that harvest mechanical energy from the environment using an array of tiny nanowires.
In this case, the mechanical energy comes from compressing a nanogenerator between two fingers, but it could also come from a heartbeat, the pounding of a hiker's shoe on a trail, the rustling of a shirt, or the vibration of a heavy machine. While these nanogenerators will never produce large amounts of electricity for conventional purposes, they could be used to power nanoscale and microscale devices -- and even to recharge pacemakers or iPods.

Wang's nanogenerators rely on the piezoelectric effect seen in crystalline materials such as zinc oxide, in which an electric charge potential is created when structures made from the material are flexed or compressed. By capturing and combining the charges from millions of these nanoscale zinc oxide wires, Wang and his research team can produce as much as three volts -- and up to 300 nanoamps.
"By simplifying our design, making it more robust and integrating the contributions from many more nanowires, we have successfully boosted the output of our nanogenerator enough to drive devices such as commercial liquid-crystal displays, light-emitting diodes and laser diodes," said Wang, a Regents' professor in Georgia Tech's School of Materials Science and Engineering. "If we can sustain this rate of improvement, we will reach some true applications in healthcare devices, personal electronics, or environmental monitoring."
Recent improvements in the nanogenerators, including a simpler fabrication technique, were reported online last week in the journal Nano Letters. Earlier papers in the same journal and in Nature Communications reported other advances for the work, which has been supported by the Defense Advanced Research Projects Agency (DARPA), the U.S. Department of Energy, the U.S. Air Force, and the National Science Foundation.
"We are interested in very small devices that can be used in applications such as health care, environmental monitoring and personal electronics," said Wang. "How to power these devices is a critical issue."
The earliest zinc oxide nanogenerators used arrays of nanowires grown on a rigid substrate and topped with a metal electrode. Later versions embedded both ends of the nanowires in polymer and produced power by simple flexing. Regardless of the configuration, the devices required careful growth of the nanowire arrays and painstaking assembly.
In the latest paper, Wang and his group members Youfan Hu, Yan Zhang, Chen Xu, Guang Zhu and Zetang Li reported on much simpler fabrication techniques. First, they grew arrays of a new type of nanowire that has a conical shape. These wires were cut from their growth substrate and placed into an alcohol solution.
The solution containing the nanowires was then dripped onto a thin metal electrode and a sheet of flexible polymer film. After the alcohol was allowed to dry, another layer was created. Multiple nanowire/polymer layers were built up into a kind of composite, using a process that Wang believes could be scaled up to industrial production.
When flexed, these nanowire sandwiches -- which are about two centimeters by 1.5 centimeters -- generated enough power to drive a commercial display borrowed from a pocket calculator.
Wang says the nanogenerators are now close to producing enough current for a self-powered system that might monitor the environment for a toxic gas, for instance, then broadcast a warning. The system would include capacitors able to store up the small charges until enough power was available to send out a burst of data.
While even the current nanogenerator output remains below the level required for such devices as iPods or cardiac pacemakers, Wang believes those levels will be reached within three to five years. The current nanogenerator, he notes, is nearly 100 times more powerful than what his group had developed just a year ago.
Writing in a separate paper published in October in the journal Nature Communications, group members Sheng Xu, Benjamin J. Hansen and Wang reported on a new technique for fabricating piezoelectric nanowires from lead zirconate titanate -- also known as PZT. The material is already used industrially, but is difficult to grow because it requires temperatures of 650 degrees Celsius.
In the paper, Wang's team reported the first chemical epitaxial growth of vertically-aligned single-crystal nanowire arrays of PZT on a variety of conductive and non-conductive substrates. They used a process known as hydrothermal decomposition, which took place at just 230 degrees Celsius.
With a rectifying circuit to convert alternating current to direct current, the researchers used the PZT nanogenerators to power a commercial laser diode, demonstrating an alternative materials system for Wang's nanogenerator family. "This allows us the flexibility of choosing the best material and process for the given need, although the performance of PZT is not as good as zinc oxide for power generation," he explained.
And in another paper published in Nano Letters, Wang and group members Guang Zhu, Rusen Yang and Sihong Wang reported on yet another advance boosting nanogenerator output. Their approach, called "scalable sweeping printing," includes a two-step process of (1) transferring vertically-aligned zinc oxide nanowires to a polymer receiving substrate to form horizontal arrays and (2) applying parallel strip electrodes to connect all of the nanowires together.
Using a single layer of this structure, the researchers produced an open-circuit voltage of 2.03 volts and a peak output power density of approximately 11 milliwatts per cubic centimeter.
"From when we got started in 2005 until today, we have dramatically improved the output of our nanogenerators," Wang noted. "We are within the range of what's needed. If we can drive these small components, I believe we will be able to power small systems in the near future. In the next five years, I hope to see this move into application."

Friday, October 29, 2010

Wireless Vs. Wireless

3G and Wi-Fi are the two main mobile communications technologies today, but until recently they have been complementary services, the former offering users network access through cell phone masts forming a wide-area network (WAN), the latter based on hot-spot connections through a local-area network (LAN). Both then provide connectivity to the web, email and other services.

With the advent of Wi-Fi based municipal wireless networks, such as that launched by one telecommunications company in New York's Times Square and by a well-known supermarket chain across all its stores, there is, say Seungjae Shin of Mississippi State University -- Meridian and Martin Weiss of the University of Pittsburgh, Pennsylvania, a strong possibility that Wi-Fi will compete with the 3G cell phone network in city areas and perhaps even become a substitute.
Their study appears in theInternational Journal of Mobile Communications.
Shin and Weiss point out that substituting Wi-Fi for 3G would cut costs of peripatetic workers and others who need access to broadband internet services when not at devices connected directly to the internet, such as desktop computers. They have now used game theory to investigate how 3G and Wi-Fi would actually compete for users given a particular set of circumstances, costs, and availability. Their findings demonstrate which of the two technologies would be the winner in terms of market penetration and coverage percentages.
Their analysis shows that the 3G network would become more profitable as Wi-Fi coverage percentage increases, and that 3G is more favorable in areas of high population density. In contrast, Wi-Fi has the advantage when the market has a high penetration rate but a low coverage area. Until now, municipal wireless networks have not being active in big cities across the USA and the 3G cell phone service itself is relatively new and only being adopted as so-called smart phones become more prevalent and replaces old-style cell phones. As such, there has been little competition between the two wireless communications protocols.
The team suggests that as the market matures and competition increases between the two network service systems, the detailed results of the analysis will help to serve as a guideline for providers of either system to ensure ubiquitous mobile internet access.

Friday, October 15, 2010

Brain Responds More to Close Friends, Imaging Study Shows

People's brains are more responsive to friends than to strangers, even if the stranger has more in common, according to a study in the Oct. 13 issue of The Journal of Neuroscience. Researchers examined a brain region known to be involved in processing social information, and the results suggest that social alliances outweigh shared interests.

In a study led by graduate student Fenna Krienen and senior author Randy Buckner, PhD, of Harvard University, researchers investigated how the medial prefrontal cortex and associated brain regions signal someone's value in a social situation. Previous work has shown that perceptions of others' beliefs guide social interactions. Krienen and her colleagues wondered whether these brain regions respond more to those we know, or to those with whom we share similar interests.
"There are psychological and evolutionary arguments for the idea that the social factors of 'similarity' and 'closeness' could get privileged treatment in the brain; for example, to identify insiders versus outsiders or kin versus non-kin," Krienen said. "However, these results suggest that social closeness is the primary factor, rather than social similarity, as previously assumed."
The researchers first imaged the brain activity of 32 participants as they judged how well lists of adjectives described their personalities. This helped to identify brain regions that respond to personally relevant information. In separate experiments, 66 different participants provided personality information about themselves and two friends -- one friend whom they believed had similar preferences and one believed to be dissimilar.
The authors made up biographies of similar and dissimilar strangers for each volunteer based on their personality profiles. Then, while in a scanner, they played a game similar to the TV show "The Newlywed Game," in which participants predicted how another person would answer a question. For example, would a friend or stranger prefer an aisle or window seat on a flight?

The authors found activity in the medial prefrontal cortex increased when people answered questions about friends. Notably, whether the person had common interests made no difference in brain response.
"In all experiments, closeness but not similarity appeared to drive responses in medial prefrontal regions and associated regions throughout the brain," Krienen said. "The results suggest social closeness is more important than shared beliefs when evaluating others."
Read Montague, PhD, of Baylor College of Medicine, an expert on decision-making and computational neuroscience, said the study's large number of participants and experimental approach makes it a solid contribution to the field. "The authors address an important component of social cognition -- the relevance of people close to us," Montague said.

New Materials Could Replace Costly Gold in Electrical Applications

Researchers at the University of Connecticut, partnering with United Technologies Research Center engineers, have modeled and developed new classes of alloy materials for use in electronic applications that will reduce reliance on costly gold and other precious metals.

The research appears online in the October 12th issue of the journalApplied Physics Letters.
With the price of gold currently hovering around $1,340 per ounce, manufacturers across the globe, including Connecticut's United Technologies Corporation (UTC), are scrambling for alternatives to the costly noble metals that are widely used in electronic applications, including gold, platinum, rhodium, palladium and silver. What makes these metals attractive is their combination of excellent conductivity paired with resistance to oxidation and corrosion. Finding less costly but equally durable and effective alternatives is an important aim.
Mark Aindow and S. Pamir Alpay, UConn professors of materials science and engineering, and Joseph Mantese, a UTRC Fellow, have developed new classes of materials that behave much like gold and its counterparts when exposed to the oxidizing environments that degrade traditional base metals. Their research was funded by a grant from the U.S. Army Research Office.
The team has investigated nickel, copper and iron -- inexpensive materials that may offer promise. Based on their research, they have laid out the theory and demonstrated experimentally the methodology for improving the electrical contact resistance of these base metals. Aindow said, "We used a combination of theoretical analysis to select the appropriate constituents, and materials engineering at the atomic level to create designer materials."
The researchers synthesized various alloys, using inexpensive base metals. Higher conductivity native oxide scales can be achieved in these alloys through one of three processes: doping to enhance carrier concentration, inducing mixed oxidation states to give electron/polaron hopping, and/or phase separation for conducting pathways.
Their work has demonstrated an improvement in contact resistance of up to one-million-fold over that for pure base metals, so that base metal contacts can now be prepared with contact properties near those of pure gold.

Monday, October 11, 2010

Bonus points for higher level Maths

Ireland's universities have agreed to give bonus points to Leaving Certificate students for higher level Maths.
This afternoon, the heads of the seven universities decided at a meeting to award an additional 25 points to students who get a D or more in the higher level paper.
A spokesman for the Irish Universities Association said this was to target students who drop from higher level to ordinary level at the last minute and also students who feel it is not worth their while to pursue the higher level course.
Tánaiste and Minister for Education Mary Coughlan said 'the introduction of bonus points for maths sends a clear signal to our leaving certificate students about the importance we attach to the study of maths.'
Employer's group IBEC also welcomed the move.

Sunday, July 25, 2010

British auto mechanical make world latest model car in her garage

Retail giant Wal-Mart is reported to be planning on making all its payment terminals in the U.S. compliant with a smartcard-based credit card technology that is already widely used around the world, but not in the U.S. Wal-Mart's plans were disclosed at a smartcard conference being held this week, and was first reported by StoreFront Backtalk earlier on Thursday. StoreFront quoted Jamie Henry, Wal-Mart's director of payment services as saying the retailer was working on making all payment terminals in its domestic stores Chip and PIN capable. Henry was reported as having said that for Wal-Mart, signature-based credit-card transactions had become a "waste of time." Such a move by Wal-Mart would have a widespread ripple-effect across the payment industry

Saturday, July 24, 2010

What is this? Motor cycle or Car

Yeh kia hai?
Faisla khud karo

  1. Your customer inputs credit card information in Your Online Store.
  2. The Payment Gateway encrypts data and securely sends it to your Internet Merchant Account.
  3. The transaction is reviewed for authorization by the customer’s issuing bank.
  4. The result is encrypted and sent back through the gateway.
  5. You get the results and decide whether or not to fulfill the order.
For more information, download our Online Payment Processing Guide.

Tuesday, July 20, 2010

What is an internet merchant account?

It’s an account with a bank that allows you to process credit cards online.

Already have an internet merchant account?

Connect your online store to any major payment processor, bank, and card association with our secure, industry-leading payment gateways,Payflow Link and Payflow Pro.

How it works.


  1. Your customer inputs credit card information in Your Online Store.
  2. The Payment Gateway encrypts data and securely sends it to your Internet Merchant Account.
  3. The transaction is reviewed for authorization by the customer’s issuing bank.
  4. The result is encrypted and sent back through the gateway.
  5. You get the results and decide whether or not to fulfill the order.
For more information, download our Online Payment Processing Guide or send us a question.a

INTERNET MERCHANT ACCOUNTS

INTERNET MERCHANT ACCOUNTS: State Bank of Pakistan
In order to promote Business-2-Commerce (B2C) e-Commerce in Pakistan banks operating in Pakistan can open and operate Internet Merchant Accounts. In this connection the following parameters are to be observed meticulously:-

  1. Merchants desirous of opening an Internet Merchant Account with a bank in Pakistan can open the same either in local currency or in US$ for the purpose and, in addition to observance of normal procedure for opening an account, will be required to submit copy of their NTN Certificate to the bank.

  2. Merchants must be engaged in a business permissible under the laws of Pakistan.

  3. Merchants must have a registered place of business in Pakistan.

  4. Merchants intending to export goods/services must provide a copy of export registration certificate from the Export Promotion Bureau (EPB).

  5. For the present, merchants desirous to undertake transactions outside Pakistan will be required to submit E-forms for transactions of value less than US$ 500 each to their bank, who shall submit the same in consolidated form on monthly basis to SBP. Each E-form for the aforesaid accounts should specially indicate the words "E-Commerce" on the upper left corner.

  6. Banks shall recover charges for Internet Merchant Accounts strictly in accordance with Prudential Regulation X. Any clarification with regard to bank charges on these accounts may be obtained from the Director, BP&RD, SBP, CD, Karachi.

  7. The banks shall be responsible for reporting business through the Internet Merchant Accounts to the Foreign Exchange Department, State Bank of Pakistan on monthly basis as per enclosed proforma.

  8. The banks shall be responsible for reporting any suspected transactions against the laws of the country, as per Prudential Regulation XII.

Spain offer to buy Octopus Pal on every worth




Retail giant Wal-Mart is reported to be planning on making all its payment terminals in the U.S. compliant with a smartcard-based credit card technology that is already widely used around the world, but not in the U.S. Wal-Mart's plans were disclosed at a smartcard conference being held this week, and was first reported by StoreFront Backtalk earlier on Thursday. StoreFront quoted Jamie Henry, Wal-Mart's director of payment services as saying the retailer was working on making all payment terminals in its domestic stores Chip and PIN capable. Henry was reported as having said that for Wal-Mart, signature-based credit-card transactions had become a "waste of time." Such a move by Wal-Mart would have a widespread ripple-effect across the payment industry. As the largest retailer in the world, a Wal-Mart decision to support chip-and-PIN could finally nudge card issuers, processors and other merchants to start adopting the technology. Until now, such organizations have been reluctant to move to chip-and-PIN systems because of the perceived costs associated with upgrading to the technology. Merchants must upgrade or replace all their existing terminals to accept the smartcard transactions. Banks, too, would need to issue new cards to customers. Smarrtcards cards use an embedded microprocessor (the chip) rather than a magnetic stripe to store cardholder data. To use the cards, a cardholder usually has to enter a Personal Identification Number (PIN) when making a transaction. Smartcards are thought to be significantly safer than magnetic stripe cards, even though security researchers have recently demonstrated how chip-and-PIN transactions can be broken. Most smartcards in use today are based on the Europay MasterCard Visa (EMV) smartcard standard from the major credit card companies.

Though most of Europe and several countries around the world have moved to the EMV technology a long time ago, the U.S has been a notable hold-out largely because of the cost concerns. That's because until recently, the costs of moving to smartcards outweighed the fraud risks associated with signature-based technologies, said Ray Wizbowski, director of marketing strategy for Gemalto NV, an Amsterdam-based smartcard vendor with U.S. headquarters in Austin. But that equation has begun to change quite quickly, Wizbowski said. With most major economies already standardized on EMV cards, credit card fraud has begun "migrating" to the U.S in a big way because magnetic-stripe cards present an easier target, he said. The fact that U.S. cardholders are already finding it increasingly difficult to use their magnetic stripe cards outside the country could also become a big driver, Wizbowski said.

Saturday, June 12, 2010

World Cup pushes Internet to new record

World Cup fever pushed the Internet to a new record on Friday, according to measurements from Akamai.

Traffic to news sites globally started a steady climb about 6 a.m. Eastern time and peaked six hours later at noon, reaching nearly 12.1 million visitors per minute.

The traffic dipped going into the afternoon but stayed well above normal. The figures suggest that the Internet was most active during the Mexico-South Africa game and stayed heavy through the France-Uruguay game.

The day's traffic far exceeded the previous record of 8.5 million visitors per minute, which was set when Barack Obama won the U.S. presidential election in 2008.

As of Saturday afternoon, Web traffic to news sites was still heavy at 5.7 million visitors per minute.

Friday, May 21, 2010

Wal-Mart to Support Smartcard Payments

Retail giant Wal-Mart is reported to be planning on making all its payment terminals in the U.S. compliant with a smartcard-based credit card technology that is already widely used around the world, but not in the U.S.
Wal-Mart's plans were disclosed at a smartcard conference being held this week, and was first reported by StoreFront Backtalk earlier on Thursday.
StoreFront quoted Jamie Henry, Wal-Mart's director of payment services as saying the retailer was working on making all payment terminals in its domestic stores Chip and PIN capable. Henry was reported as having said that for Wal-Mart, signature-based credit-card transactions had become a "waste of time."
Such a move by Wal-Mart would have a widespread ripple-effect across the payment industry. As the largest retailer in the world, a Wal-Mart decision to support chip-and-PIN could finally nudge card issuers, processors and other merchants to start adopting the technology.
Until now, such organizations have been reluctant to move to chip-and-PIN systems because of the perceived costs associated with upgrading to the technology. Merchants must upgrade or replace all their existing terminals to accept the smartcard transactions. Banks, too, would need to issue new cards to customers.
Smarrtcards cards use an embedded microprocessor (the chip) rather than a magnetic stripe to store cardholder data. To use the cards, a cardholder usually has to enter a Personal Identification Number (PIN) when making a transaction.
Smartcards are thought to be significantly safer than magnetic stripe cards, even though security researchers have recently demonstrated how chip-and-PIN transactions can be broken. Most smartcards in use today are based on the Europay MasterCard Visa (EMV) smartcard standard from the major credit card companies.
Though most of Europe and several countries around the world have moved to the EMV technology a long time ago, the U.S has been a notable hold-out largely because of the cost concerns.
That's because until recently, the costs of moving to smartcards outweighed the fraud risks associated with signature-based technologies, said Ray Wizbowski, director of marketing strategy for Gemalto NV, an Amsterdam-based smartcard vendor with U.S. headquarters in Austin.
But that equation has begun to change quite quickly, Wizbowski said. With most major economies already standardized on EMV cards, credit card fraud has begun "migrating" to the U.S in a big way because magnetic-stripe cards present an easier target, he said.
The fact that U.S. cardholders are already finding it increasingly difficult to use their magnetic stripe cards outside the country could also become a big driver, Wizbowski said.

Wednesday, May 12, 2010

Telenor to launch 3G technology soon

To introduce the new technologies in mobile and communicator sector, Telenor Pakistan has started at training programme for working journalists. The second training workshop in this regard was held at a local hotel here on Wednesday in which experts from well known telecom company, Nokia Siemens Networks and telecom engineers from Telenor Pakistan delivered the lectures. In the training workshop, lectures were delivered about EDGE/ GPRS, WCDMA, 3G and other upcoming technologies.

Director Communication Telenor Pakistan Syed Hasnat Masood said, Telenor with the fastest growing and the widest EDGE/GPRS network in the country has already launched ‘SmartMail’, a wireless push email service, adding that with this service customers can access their emails, data and attachments instantly using almost any handset.

He said that Telenor Smart Mail gives customers full mobile access to corporate email, calendar, contacts, to do list, and memos. Through wireless or wireline connections, customers can synchronize their

Pocket PC, Palm OS, Symbian, or PC mobile device and send and receive email. Giving the details of 3G technology, Hasnat said that existing mobile companies are negotiating with PTA about the 3G service, which no doubt would prove a mild stone into the mobile sector in Pakistan.

Replying a query he said that about the new telecom policy PTA is busy for constituting new telecom policy with the concern of all existing mobile companies, operating in the country, but he declined to give any details about the suggestions which have been given to PTA for new policy. He said that the all the teams of PTA are working very hard to bring state of the art technologies in Pakistan and authority is providing all possible facilities to mobile operators.

Representative of Nokia Siemens Networks, Saad Waraich also delivered the lecture about the new technologies. He said that smart Mail also helps in managing business travel by automatically retrieving itinerary information and presenting it on mobile devices, along with appropriate driving directions, maps, and weather forecasts. Customers can also access their information from any web browser or internet-ready mobile phone.

Tuesday, April 27, 2010

Thank you Pakistan, says Facebook

Mumbai, April 26 -- Trust social networking sites to not miss a chance to have a say in any heated current topic. Fan pages and messages on two popular sites - Facebook and Twitter - are fast becoming an ideal place for Internet junkies to vent.

Facebook reportedly has over 90 fan pages on Sania Mirza and her much talked about wedding to Pakistani cricketer, Shaoib Mallik. The page called 'Thank you Pakistan for taking Sania Mirza, now please take Rakhi Sawant also' has earned itself over 65,000 fans in a matter of two weeks. It currently has over 75,000 people supporting the statement.

And the popularity of the other group,'Throw away Shashi Tharoor and Lalit Modi', only puts in perspective how much importance the public spat between the two political figures is actually being given. As against the 65,000 fans for Sania's group, this page has only 30-odd members.

The category of this group proudly falls under Common Interest - Politics, while the description is 'throw away these un required people.' The topics of conversation on either site concern young enthusiasts making fun of how both the issues were given reverence on national news.

While a part of the page has also become a ground for debate between Internet junkies from both the neighbouring nations on various topics, the albums have been loaded with images of Rakhi Sawant and one of her alleged forced kiss with Mika Singh as well.

Tuesday, April 20, 2010

Dot-com marks 25th anniversary

It is hard to remember the days before the doc-com revolution. Twenty-Five years ago on march 15, 1985 - the first doc-com domain name, Symbolics.com, appeared on the internet, ushering in the commercial age of the World Wide Web, the CNN reported.
Having a domain name made it simpler for the average person to access a website. Development was slow, at first, as it took more than two years for the first 100 websites and domain names to go online; by 1995 the number had grown to 18,000 websites. Today, the internet and World Wide Web has grown to more than 80 million doc-com domain names, according to the information Technology and Innovation Foundation (ITIF).

Friday, April 16, 2010

Twitter hits Library of Congress: Would Founding Fathers tweet?

Washington: From Thomas Jefferson's library to Twitter – the US Library of Congress marches on.

Yes, the institution that in 1815 bought 6,487 of Jefferson's books to restore holdings burned in the War of 1812 announced on Thursday that it will archive every public tweet sent since March 2006.

Twitter's files have extraordinary potential to help anyone researching contemporary life, said Librarian of Congress James Billington in a statement announcing the move.

"Anyone who wants to understand how an ever-broadening public is using social media to engage in an ongoing debate regarding social and cultural issues will have need of this material," said Mr. Billington.

Hmm – by our count that sentence is about 180 characters. And it's clipped from a quote that's a whole paragraph. Billington is going to have to start tightening things up if he's going to get in the 140-character-per-message Twitter spirit.

Jefferson got $23,940 for his stacks when the Library of Congress bought them to replace material the British had torched. The books included works of history, literature, and natural philosophy in a number of languages.

Thucydides translated from Greek into English by Thomas Hobbes, Plutarch in Latin – that sort of thing.

Now these will be supplemented with, among other things, the tweets of Canadian pop star Justin Bieber. ("...Time for school. Back to learning. Haha.")

To be fair, the Library of Congress has long collected oral history and things that historians call "ephemera" as a means of tracking cultural changes. It has archived man-on-the-street interviews taken after the bombing of Pearl Harbor and the terrorist attacks of 9/11, among other things.

The tweet sent by Barack Obama after learning of his election might fit right in with such material, as will tweets from Iranian dissidents and others around the world fighting oppression.

"I think Twitter will be one of the most informative resources available on modern-day culture, including economic, social and political trends, as well as consumer behavior and social trends," said Margot Gerritsen, a Stanford professor who's working with the Library of Congress on the stewardship of digital material, in a statement.

More than 140 characters again. These people are going to have to learn to pare down.

So, just for fun, if Twitter had been established in 1776, how would US history be different? Or sound different, at least?

@TJefferson: "Working on new project: All men are created ... the same? Doesn't quite sound right. Help me out, tweeps."

@HonestAbe: "Excerpt from upcoming speech at @Gettysburg63: Gov. of peeps, by peeps, for peeps, 4ever. More here: http://honesta.be/getty1863"

@JFK: "Ask not what @USA can do for you ... ask what you can do for @USA."


Wednesday, April 7, 2010

High blood pressure tied to dementia

Hypertension was linked to one of two types of mild cognitive impairment, a condition that can foreshadow the development of dementia, but not the type strongly associated with Aizheimer's diseases, according to a study published in the journal archives of Neurology.
People with mild cognitive impairment can have difficulties with language, memory, attention span or other mental functions significant enough to be noticeable to other people and to be detected in tests.
The elderly people with high blood pressure in this study often had a form of mild cognitive impairment that can be a precursor to vascular dementia, the second most common form of dementia after Aizheimer's disease. It is often associated with stroke. High blood pressure raises the risk for stroke.

Monday, April 5, 2010

iPad versus iPhone: Which had the better opening weekend?

Apple has confirmed its iPad sales figures. They don't match iPhone 3GS numbers, but Wall Street is happy.

The iPad sales figures are in. Apple reported this morning that it sold more than 300,000 iPads on Saturday, the same day the tablet computer debuted.

This tally includes US pre-orders that arrived on people's doorsteps this weekend and copies sold in Apple stores.

New iPad owners quickly got to work tinkering with their new device: Shoppers downloaded more than 1 million iPad apps on Saturday and purchased more than 250,000 ebooks.

“It feels great to have the iPad launched into the world – it’s going to be a game changer,” Apple CEO Steve Jobs says in a statement. “iPad users, on average, downloaded more than three apps and close to one book within hours of unpacking their new iPad.”

Not bad for less than 24 hours. But how does it stack up to the Apple iPhone? The answer depends on which model you compare the iPad to.

A month after the original launched in June 2007, AT&T counted 146,000 iPhones running on its network. Wall Street consensus expected a number several times larger. But from this slow beginning, Apple picked up considerable speed. Just a few months later, the iPhone and iPod Touch collectively became the fastest-adopted gadgets in history.

Apple went on to sell 1 million iPhones in 74 days. The Motorola Droid later beat that record, but Apple raced into the lead again with the release of later iPhones. Shoppers snapped up 1 million copies of the iPhone 3G in the first three days, and another 1 million iPhone 3GS units during its opening weekend.

But this is when comparisons to the iPad break down. You could argue that Apple's tablet computer should be compared to the later iPhones. The iPad is just the logical progression of the touch-screen device that Steve Jobs first presented in 2007. Don't reset the counter and declare the iPad more successful than the original iPhone just because this new device is larger.

However these numbers aren't apples-to-apples comparisons (har har). The iPhone 3G and 3GS went on sale in more than 20 countries. Saturday's 300,000 only includes the US. Plus, plenty of the American 3G and 3GS sales came from people stuck or extending their 2-year contract with AT&T by upgrading their current iPhone to something with better features. This means they already had a built-in user base, unlike the iPad, which harmonizes well but is no replacement for the phone. Not to mention, the 3G editions of the iPad don't come out until later this month.

Perhaps it's still too early to make any real comparisons – especially since the original iPhone took time to build momentum. We'll check in again after 74 days. But Wall Street is already happy.

"The strong initial demand for the new device led Deutsche Bank analyst Chris Whitmore to raise his earnings forecast and price target for Apple stock," reports the Mercury News. "Whitmore, whose firm has done non-investment banking work for Apple in the last year, now expects Apple's stock to hit $325 a share, up from a previous target of $250."

Tuesday, March 30, 2010

DARPA's 'GUARD-DOG' Aims to Replace Human Intelligence

In an effort to provide a faster turnaround, the U.S. Army could replace some human intelligence officers in war zones with a complex system of computers. According to Wired, the Defense Advanced Research Projects Agency (DARPA, or the freaky arm of the US Military) is hosting a workshop for a new project dubbed Graph Understanding and Analysis for Rapid Detection - Deployed on the Ground, or GUARD-DOG. (Yes, that's really the acronym they came up with.) It can take as long as 48 hours for intelligence to be analyzed after it's collected in the field, which causes about 80-percent of the intelligence that's collected to become useless by the time somebody acts on it.

With GUARD-DOG, the Army could analyze social networks and cultural tendencies much faster by using graphs, algorithms and other computer advancements to predict human behavior. A proposal by the agency states, "GUARD DOG will provid[e] dismounted soldiers with real-time assessments of the human networks relevant to their local battlespace, including threats, vulnerabilities, and uncertainties; and cues on engaging the people they encounter." It would replace the current system, HUMINT, which involves having trained interrogators on the ground, and fill in the blanks where human intel leaves off.

GUARD-DOG might sound like a pie-in-the-sky idea, filled with difficulties and kinks. However, if the Army can pull it off, it would not only speed up and improve the work of intelligence officers, but it may save some lives, too.

Thursday, March 25, 2010

Precision automation Robotics

The fast growing of technology development makes people able to make high technology machinery that can work without human assistance. This machinery can do work more effective and efficient than human. The robotics
that is made using high technology usually used to make another machine or products that can not be contaminated by dirt or dust. Using the best machinery, people can make products in a room that free of dust. This kind of room is usually used to make chips or computer processor. If your company needs such machinery, you can directly contact the machine manufacturer at dwfritz.com.

This website has been years serving many companies that need high definition machine that has the best performance in production process. This website becomes so famous and popular among many companies because this website employs the best experts and engineers from various fields. They consist of Master experts and also professionals that have Doctoral degrees. The use of such people in the machine production process makes the machine has the best quality. Moreover, this website provides automated assembly device that can automate the process of production. This robot can work 24 hours and never gets tired. To make sure the quality of their products, this website has adopted precision automation inspection systems. This system will check the quality of each product. They can detect the smallest defect on the product because this system has also adopted nanometer technology.

Make sure that you order machinery from this website. You only need to open their website and then give them your design that you need. Their experts will make the machinery for you. You also don’t need to worry about the price because this website sells their machinery with a very affordable price.

Friday, March 5, 2010

Elive 2.0 Stable Finally Released

The Elive developers finally unleashed last night the next major and stable release of their amazing and eye-candy Elive Live CD Linux operating system. Dubbed Topaz, Elive 2.0 is still powered by the Debian mammoth and the lightweight Enlightenment E17 desktop environment. The developers state that the new release is so light that it eats only half of the resources on a system with less than 128 MB of system RAM. Now, that's amazing, considering that it also looks fantastic!

"Simplicity, ergonomy and power bring your computer to a completely new level, making Elive a system not only good for the inexperienced user but also for the professional or advanced one. Topaz is packed with tips and handy apps that help the end user in doing swiftly what they want. Working fast is one of the main goals of Elive and an active users community is there to help you. With e17 it's easy to create your own look and fully customize your system as you like!" - was stated in the official release announcement.
Highlights of Elive 2.0:
· Linux kernel 2.6.30.9;
· Enlightenment E17 window manager;
· Better autolaunchers;
· Added lots of user Configurators;
· Support for 3G phones;
· Compiz powered desktop effects;
· Amazing, new features to the Elive Installer (upgrade mode, migrate, reinstall, etc);
· Nurse mode, a repair and recovery tool;
· Support for bluetooth;
· Ability to create USB bootable sticks with Elive;
· OSS compatibility support;
· Improved Autologin;
· Broadcom 43xx drivers;
· Added audio configurator utility;
· Added special kernels with support for systems with more than 4 GB of RAM;
· User friendly;
· Added new translations;
· ...and many more other breathtaking features!

Elive is a Linux distribution based on Debian, which sports a large number of applications, ranging from multimedia, office and Internet-related applications, to games and science. With Elive, you are able to watch movies, listen to your favorite songs, surf the Internet or chat with friends. All on a single and secure Live CD powered by Linux.


Tuesday, February 23, 2010

Jobs: IT Manager, Research Manager and Research Associate

Public Sector Organization Job Opportunities
IT Manager, Research Manager and Research Associate for Islamabad


Sunday, February 7, 2010

What are the different types of Student Loan Deferment?

In today's world of cut throat competition, the cost of education is touching heights. Thus most of the students have to seek loans in order to complete their higher education.
The problem arises when you fall behind your loan payment. As such you have the option of Student Loan Deferment. In such cases you loan repayment is delayed on the grounds of five different student loan deferment categories which are Education, Economic, Disability, Family Related and Public Service. These may apply to students who have taken Federal Stafford Loans, PLUS and Consolidated Student.
Looking into the first student loan deferment category, Education deferment is concerned with the student's enrolment status. This type of loan becomes due only after the student has graduated. You are eligible for this kind of loan if you have an active Federal Stafford Loan, Supplement Loan, PLUS or consolidated Loan. Besides the college authorities have to certify you as a full time or a part time student.

As far as Economic Deferment is concerned, it is sub-divided into two categories- economic hardship and the unemployment hardship. For this you have to prove that you are facing financial hardship or are currently unemployed. In addition to this to be eligible for Economic Deferment, you need to be granted the Economic Hardship Deferment under the Federal Direct or the Federal Perkins Loan Program. Besides, you must be getting public assistance and you should be working at least 30 hours per week and the total wage that you earn must be less than a particular minimum wage.

For Disability or Rehabilitation Deferment, it is necessary to have an active Federal, Supplemental, PLUS or Consolidation loans. Besides you should have failed to attend the school for at least 60 days so that you can recover from your injury. There can be other personal reasons as well which might stop you from working full time.

In case of Family Leave Student Loan Deferment, the essential requirement is that you must be pregnant or caring for a new born or adopted child. In addition to this, you should be unable to attend the school or must be a part time student from six months since the application was filled. In case of Public Service Student Loan Deferment, you should be active in Military, Public Health, NOAA (National Oceanic and Atmospheric Administration). Another requirement is that you should also be a member of Peace Corps or a Tax Exempt Organization.

Thus if you wish to go for Student Loan Deferment then you can search for lenders and contact one. The next step is to obtain and fill out the required forms. Submit these forms before the due date. You must not take any chances with your loan repayment since this can affect your credit history in the future. It is also quite essential to rest your queries and doubts by talking to your lender. Go through a specific document carefully before signing it. I am sure this plan can be of great help to you.

Forex Trading Software

Those who are trying hard to carve their desired niche in the Forex market would be delighted to know that there are a number of software which can take the loads of Forex Trading on your behalf. These software are maneuvered to keep a sharp vigil on the proceedings of the Forex market. With the help of this software you can avail the facility of 24 hour access to Forex Trading no matter whichever part of the world you happen to be. Not only software, today there are certain trustworthy websites also that bring you the latest updates for the Forex market. If needs be you can even take advantage of these software as well as sites from your cell phone as well, provided your cell phone is a net supported one.

Some of the most wonderfully result producing Forex Trading software-
GFT/PRIME:
GFT/ PRIME is a craftily created software that operate as an institutional trading platform for those who are integrally related with Forex Trading. The salient features of this software are -
It allows you to receive prices.
You can choose to have access to multiple inter bank sources to bid and ask prices.
You can get in touch with other institutional customers.
You can execute a transaction.
You can also grab latest news and also look through the charts.
It is a good and smart choice for Forex fun managers, CTAs as well as high net worth individuals.

DealBook® WEB:
Another exciting attraction in this category is DealBook® WEB. This particular software is exactly a hassle free platform for Forex traders. It does not get you involved in any sort of downloading or installation. To avail its facilities all you have to do is to log into the system of the software by feeding in a username that would be accompanied by a protected password. You can also choose the language through which you would like the interactions to be done.

It is a powerful, fast as well as a very easy to use system for all the Forex Trading entities.

The facilities it offers-
You can operate it from PC or your mobile.
You can gather real time currency prices
You can get access to charts
You can place your order to manage the risk pertaining to your investment
You can get access to 120+ currency pairs.

DealBook® Mobile:
DealBook® Mobile is another ravishing addition in this exhilarating category of Forex Trading software. As a matter of fact this particular software is highly usable as it spares you from the pain and agony of sitting in front of the computer or laptop for hours together. With this software you can be with Forex Trading through your mobile. In this regard let's take a look on the mobiles that support this particular software .

Ø DealBook® Windows® Mobile

Ø DealBook® Mobile Basic for any mobile that is internet supported

Ø DealBook® BlackBerry®

This software is simply awesome to gain access to all sorts of real market prices as well as data and charts.

Forex Automatic Trading Robot System:
This software is highly helpful for traders, brokers and institutional investors. There is no other software that can equally protect you from making losses in Forex.