Daily Archives: June 30, 2010

Seagate Launches 3TB External Hard Drive


By Antone Gonsalves – Seagate has released what it claims is the industry first 3 TB external hard drive. The high-capacity FreeAgent GoFlex Desk, released Tuesday, easily surpasses rival Western Digital’s maximum of 2 TB on a hard disk drive. In addition, Seagate has kept the price competitive at $250, or about 8 cents per gigabyte. more> http://bwbx.io/v2Zd

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IBM and the Jeopardy Challenge


VIDEO 5:48/4:16/3:59

IBM

PBS Newshour


It takes all those chips to compete in a game show!

IBM is building a natural language processing computer code-named Watson to compete in the game show Jeopardy.

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How the Performance of the U.S. Health Care System Compares Internationally, 2010 Update


By Karen Davis, Ph.D., Cathy Schoen, M.S., and Kristof Stremikis, M.P.P. – Despite having the most costly health system in the world, the United States consistently underperforms on most dimensions of performance, relative to other countries. This report—an update to three earlier editions—includes data from seven countries and incorporates patients’ and physicians’ survey results on care experiences and ratings on dimensions of care. Compared with six other nations—Australia, Canada, Germany, the Netherlands, New Zealand, and the United Kingdom—the U.S. health care system ranks last or next-to-last on five dimensions of a high performance health system: quality, access, efficiency, equity, and healthy lives. more> http://tinyurl.com/342zlr9

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Ultimately, it’s cultural


Economist – In the end, growing a strong entrepreneurial ecosystem is more a cultural than a bureaucratic question: European venture capitalists and entrepreneurs must take more risks; incumbents must realize that buying a start-up is often better than trying to develop new technology in-house; politicians must stop protecting vested interests; and – last but far from least – consumers need to be more adventurous in trying new products and services. Failing all that, innovation – and jobs – will increasingly emerge elsewhere. more> http://tinyurl.com/38ofqn9

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The Big Short: Inside the Doomsday Machine


30 June 2010 Update>

4 April 2010
BOOK REVIEW

Big ShortMichael Lewis, W. W. Norton & Company (March 15, 2010), ISBN-13: 978-0393072235

A brilliant account—character-rich and darkly humorous—of how the U.S. economy was driven over the cliff. When the crash of the U. S. stock market became public knowledge in the fall of 2008, it was already old news. The real crash, the silent crash, had taken place over the previous year, in bizarre feeder markets where the sun doesn’t shine, and the SEC doesn’t dare, or bother, to tread: the bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of lower- and middle-class Americans who can’t pay their debts. The smart people who understood what was or might be happening were paralyzed by hope and fear; in any case, they weren’t talking. more> http://bwbx.io/CFuh