Tuesday, January 31, 2012

Just Show Me: 3 great football apps for your iPhone (Yahoo! News)

Welcome to?Just Show Me on?Tecca TV, where we show you tips and tricks for getting the most out of the?gadgets in your life. In today's episode we'll show you three apps for your?iPhone that'll help you stay on top of the Super Bowl and all the football news.

To get started, download these apps and watch our video. And don't forget to?outfit yourself with a new TV for the big game!

Take a look at these other episodes of Just Show Me that'll help you become an iPhone master:

If you have any topics you'd like to see us cover, just drop us a line in the comments.

This article originally appeared on Tecca

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Source: http://us.rd.yahoo.com/dailynews/rss/tech/*http%3A//news.yahoo.com/s/yblog_technews/20120201/tc_yblog_technews/just-show-me-3-great-football-apps-for-your-iphone

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Florida's College Republicans Taking 'Right Steps' To Woo Young Voters

'In my personal experience, it isn't very difficult to [register],' Kayla Westbrook, chairwoman of the FSU College Republicans, says.
By Gil Kaufman


Mitt Romney campaigns in Jacksonville, Fl
Photo: AFP/Getty Images

JACKSONVILLE, Florida — Conventional political wisdom has it that Democrats are great at registering new voters and Republicans are just as good at getting their already-registered base to come out and vote.

That adage will be put to the test in Florida this year thanks to some new voter registration laws that some argue have made it more difficult to add new voters to the rolls. In the last presidential election, more than 61 percent (763,000) of the 1.2 million 18-to-29-year-old voters who cast ballots went for President Obama over John McCain (37 percent, 462,700), according to figures provided by the civic education and research organization CIRCLE.

Kayla Westbrook, chairwoman of the FSU College Republicans, hopes to change that before Tuesday's (January 31) pivotal Republican primary. "We've talked about the new voting laws because we have a lot of freshmen coming in and they want to be registered in Tallahassee so they can be a part of local Republican groups," Westbrook said.

Westbrook is confident that the changes in voter registration laws will not have an impact on her efforts. "In my personal experience, it isn't very difficult to [register]," she said. "My roommate was a Democrat until a few weeks ago and she wanted to vote in the Republican primary for Ron Paul. So on January 3 I made sure to get her down there to register and it just wasn't that difficult."

The controversial rules in the state governing how third-party civic organizations can register new voters have spawned a number of lawsuits over claims from groups such as Rock the Vote that their mandates are "confusing" and that they breach the 1993 Voter Registration Act, a federal law designed to encourage community-based voter-registration activity.

They argue that the laws impact groups such as theirs by scaring off potential volunteers with threats of unspecified civil legal action and fines of $50 to $1,000 if the registration forms are not turned in within 48 hours. Rock the Vote and the League of Women Voters are among several Florida groups that have filed suit to overturn the law, claiming that it seeks to disenfranchise young and minority voters, among other voting blocs.

But Westbrook hopes the rules will, as intended, root out voter fraud in a state that has proved pivotal in the past three presidential election cycles.

"I think that this is doing a good job to try and help with the voter fraud, but you can't get rid of all of it," she said. "I think the people that are doing the voter registration drives don't need to fear being penalized because they have 48 hours to do it. We will have voter registration drives and whoever it is who is registered with the state will just turn them in the next day."

With CIRCLE reporting that the Florida youth population has grown by more than 270,000 since the 2008 election, that means there are lots of new potential voters out there for both parties to tap into.

"I certainly hope we can get more registered Republicans this year and close that gap," Westbrook said of her party's typical lag in signing up new voters compared to Democrats. "We're definitely taking the right steps to do that."

MTV is on the scene in Florida! Check back here around the clock for up-to-the-minute coverage on the primary caucuses and stick with PowerOf12.org throughout the 2012 presidential election season.

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Source: http://www.mtv.com/news/articles/1678216/florida-primary-college-republicans.jhtml

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Review: Odd experimentation reveals muddled result (AP)

"Purple Naked Ladies," The Internet (Odd Future)

The producer duo of Matt Martians and Syd Tha Kyd, of the group OFWGKTA, misses the mark with their new album "Purple Naked Ladies," a spacey foray into digital sounds that results in more confusion than clarity.

Since it was recorded on Odd Future's own label, the two artists, known together as The Internet, have obviously been given a wide berth to play around with sounds and schemes. And they do. To a fault. The digital soundscape quickly becomes muddy and the musical purpose lost.

Some songs like "Fastlane" offer a more traditional R&B approach. "Ode To A Dream" also promises something cohesive, with nice vocal features from Kilo Kish and Coco O. But the latter half of the song devolves into a swirl of reverse-played beats and tinny electronic drum hits. It's hard to image this as a radio staple, or even a playlist favorite.

On "Violet Nude Women," it often sounds like there are no fewer than six instrumental sounds vying for attention, each attempting to elbow the others out of the way and take prominence. The melody is light and playful, but it soon gets lost as disparate noises collide.

The Internet is essentially a proof of concept group. They are decent producers, but they'll need a star up front to truly shine.

CHECK THIS TRACK OUT: "She Dgaf," is the lone plausible track for repeated play, curse words aside. It's got a nice hook and some semblance of a beat, something most other tracks on this album lack.

Source: http://us.rd.yahoo.com/dailynews/rss/tech/*http%3A//news.yahoo.com/s/ap/20120130/ap_en_mu/us_music_review_the_internet

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Norway court convicts two in bomb plot (Reuters)

OSLO (Reuters) ? A Norwegian of Chinese Muslim origin with alleged links to al Qaeda was convicted Monday of plotting to blow up a Danish newspaper that had printed cartoons of Islam's Prophet Mohammad, and was sentenced to seven years in prison.

Mikael Davud, who was accused of leading a bomb plot, had admitted he intended some day to attack Chinese interests like the Chinese embassy in Oslo but he was charged only with plotting to bomb the Danish newspaper.

Prosecutors had earlier recommended an 11-year prison sentence for Davud.

A co-defendant, Iraqi-Kurd Shawan Sadek Saeed Bujak, was also convicted and sentenced to three and a half years in prison while a third defendant, David Jakobsen, an Uzbek with Norwegian residency, was convicted on a lesser charge and sentenced to 4 months, which he has already served.

It was Norway's first terrorism case with alleged international links. Under Norwegian law a charge of planning to commit a terrorist attack requires proof of a conspiracy between two or more people.

(Reporting by Walter Gibbs; Editing by Giles Elgood)

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/nm/20120130/wl_nm/us_norway_plot

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Monday, January 30, 2012

Obama's 'striking' assault on rising college tuition (The Week)

New York ? The president wants to give less federal money to schools when they hike fees. Is that the key to bringing costs down?

President Obama wants to slow the rise in higher education costs by steering federal money to colleges that keep tuition down. Obama said last week that schools have a responsibility to lower costs because higher education "is not a luxury; it's an economic imperative that every family in America should be able to afford." Colleges can't "just jack up tuition every single year," the president said. "If you can't stop tuition from going up, your funding from taxpayers will go down." Will Obama's attempt to rein in runaway tuition work?

This stance is long overdue: How "striking," says Kevin Carey at?The New Republic. "For the first time, a Democratic president is threatening the funding of his bedrock liberal constituency in traditional higher education." The president's proposal is "welcome and necessary" ? and only someone with Obama's liberal credentials could even try to take on such a sacred cow. But it won't be easy. "The higher education lobby is one of the best in the business," and you can bet it will work hard to "scuttle any meaningful reforms."
"Obama vs. colleges: It's about time!"

But Obama might hurt struggling schools: Higher ed costs are rising twice as fast as inflation,?says Kayla Webley at TIME. So of course, giving colleges an incentive to lower tuition "sounds like a great thing on its face."?But at the same time, state universities have "just sustained record-high cutbacks," and some state schools won't be able to make ends meet if they don't make students pay more. Denying universities a share of billions in federal aid will only compound financial problems that many colleges can't control.
"Obama wants to force colleges to reduce tuition, but at what cost?"

It won't happen with this Congress: There's a deal-breaking "catch" here, says California's?Santa Cruz Sentinel in an editorial. Most of what Obama wants to do would require approval from Congress. Obama is hoping to boost federal funding in the Perkins student loan program from $1 billion to $8 billion, and then dish that extra money out to universities that keep tuitions low. But House Republicans aren't on board, arguing that Obama's plan would "just add spending when the national debt of $1.2 trillion is a looming disaster." So much for reform.
"Big flaw with Obama college plan"

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Source: http://us.rd.yahoo.com/dailynews/rss/oped/*http%3A//news.yahoo.com/s/theweek/20120130/cm_theweek/223841

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Streep's Thatcher, Williams' Monroe star at SAG (omg!)

Actress Regina King, second left, poses with workers as they roll out the red carpet and setup for the SAG Awards at the Shrine Auditorium in Los Angeles on Saturday, Jan. 28, 2012. (AP Photo/Jason Redmond)

LOS ANGELES (AP) ? The "Harry Potter" finale has earned some love from Hollywood's top acting union, winning the Screen Actors Guild Award for best big-screen stunt ensemble Sunday.

The win for "Harry Potter and the Deathly Hallows: Part 2" was a final triumph for the fantasy franchise that concluded last summer after a run of eight blockbusters.

Winning the TV stunt ensemble prize was "Game of Thrones." The stunt awards were announced on the arrivals red carpet before the show began.

Among the early arrivals to the cheers of enthusiastic fans on a warm afternoon were Patrick Duffy and Linda Gray of the old "Dallas" TV series, soon to be the new "Dallas" TV series on TNT.

For the main event, Sunday's 18th annual SAG ceremony is heavy on actors playing illustrious real-life figures.

Among them: Meryl Streep as Margaret Thatcher in "The Iron Lady"; Leonardo DiCaprio as J. Edgar Hoover in "J. Edgar"; and Michelle Williams as Marilyn Monroe and Kenneth Branagh as Laurence Olivier in "My Week With Marilyn."

Streep won a Golden Globe for "The Iron Lady" and is considered a favorite for the SAG prize and for her third win at the Academy Awards, which are set for Feb. 26.

The front-runners for the other SAG awards are actors in fictional roles, though, among them George Clooney as a dad in crisis in "The Descendants" and Jean Dujardin as a silent-film star fallen on hard times in "The Artist." Both are up for best actor, and both won Globes ? Clooney as dramatic actor, Dujardin as musical or comedy actor.

Octavia Spencer as a brassy Mississippi maid in "The Help" and Christopher Plummer as an elderly dad who comes out as gay in "Beginners" won Globes for supporting performances and have strong prospects for the same honors at the SAG Awards.

The winners at the SAG ceremony typically go on to earn Oscars. All four acting recipients at SAG last year later took home Oscars ? Colin Firth for "The King's Speech," Natalie Portman for "Black Swan" and Christian Bale and Melissa Leo for "The Fighter."

The same generally holds true for the weekend's other big Hollywood honors, the Directors Guild of America Awards, where Michel Hazanavicius won the feature-film prize Saturday for "The Artist." The Directors Guild winner has gone on to earn the best-director Oscar 57 times in the 63-year history of the union's awards show.

SAG also presents an award for overall cast performance, a prize that's loosely considered the ceremony's equivalent of a best-picture honor. However, the cast award has a spotty record at predicting what will win best picture at the Oscars.

While "The King's Speech" won both honors a year ago, the SAG cast recipient has gone on to claim the top Oscar only eight times in the 16 years since the guild added the category.

Airing live on TNT and TBS from the Shrine Exhibition Center in downtown Los Angeles, the show features nine television categories, as well.

Receiving the guild's life-achievement award is Mary Tyler Moore. The prize was to be presented by Dick Van Dyke, her co-star on the 1960s sit-com "The Dick Van Dyke Show."

___

Online:

http://www.sagawards.com

http://www.sagawards.com

A worker sweeps the stage as setup for the SAG Awards is under way at the Shrine Auditorium in Los Angeles on Saturday, Jan. 28, 2012. (AP Photo/Jason Redmond)

Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//us.rd.yahoo.com/dailynews/external/omg_rss/rss_omg_en/news_streeps_thatcher_williams_monroe_star_sag151706090/44345335/*http%3A//omg.yahoo.com/news/streeps-thatcher-williams-monroe-star-sag-151706090.html

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Finance: Reflections from 35 years as a financial adviser | Business ...

Here are some reflections on 35 years as a financial and tax adviser:
Dumb Tax Mistakes

  • ?Paper-filing your return ? think: slow and keypunch errors
  • ?Fudging the numbers
  • ?Failing to file or filing late ? think: big penalties
  • ?Using the IRS as a savings account
  • ?Not taking deductions you are entitled to in the mistaken belief it will decrease your chances of an audit ? guess again
  • ?Turning long-term capital gains into ordinary income by not waiting a few days
  • ?Buying municipal bonds because they are ?tax free?
  • ?Doing anything just because it is tax favored or deductible
  • ?Failing to do tax loss harvesting with your portfolio ? think: interest-free loan to the IRS
  • ?Assuming tax rates will go down ? think: You have got to be kidding
  • ?Having large life insurance policies without a irrevocable life insurance trust ?? think: gifts to the IRS
  • ?Not doing annual gifting if your estate will be taxable

Tim Terry

Dumb Investment Mistakes

  • ?Not diversifying ? think: roulette
  • ?Leverage, leverage, leverage
  • ?Not understanding investments ? think: four years in college to understand how to make a living and not investing time to learn the fundamentals of investing
  • ?Not having an investment philosophy
  • ?Expecting investments to conform to ?your? timetable
  • ?Putting all your investments in a country with only 4 percent of the world?s population and a mountain of debt ? think: USA.
  • ?Ignoring emerging markets
  • ?Setting unrealistic expectations on investment performance
  • ?Assuming real estate, wages, stocks and investments will continue to go up ? think: gravity
  • ?Using your home as a credit card
  • ?Not using 529 Plans for your children?s college savings ? think: tax free
  • ?Following the headlines to inform your investment decisions ? think of a boy with a yo-yo walking up the stairs
  • ?Complacency ? I know it is a pain to get rid of those losers but ?
  • ?Failing to think long-term ? successful investing is about slow and steady accumulation of assets over time
  • ?Holding investments to get long-term capital gains treatment without considering market risk

General Financial Mistakes

  • ?Impulsive decision making
  • ?Spending to your earning level ? think: Oops!
  • ?Not staying on top of declining interest rates to refinance loans ? the banker is not going to call you
  • ?Assuming you have to refinance to get a better rate because your mortgage has been sold on the secondary market
  • ?Deciding that vacation home is just what you need, then having to finance it
  • ?Failure to carry adequate life insurance
  • ?Failing to have a will ? think: chaos and lots of fees
  • ?No estate plan to minimize taxes ? think, again: gifts to the IRS
  • ?Ignoring reality ? hey, a budget is just reality
  • ?Thinking Social Security will be there for you ? hello!
  • ?Not setting financial goals and sticking to them
  • ?Not reviewing your financial plan at least annually
  • ?Putting off saving for retirement until your later years ? think: $2,000 a year for 25 years earning 5 percent grows to almost $100,000
  • ?Lottery mindsets
  • ?Allowing emotions to influence your financial decisions
  • ?Not living within your means
  • ?Having no rainy-day fund
  • ?Living on credit
  • ?Not waiting to purchase something with cash
  • ?Not saving when times are good
  • ?Trying to keep up the Joneses
  • ?Keeping up with the Joneses
  • ?Not having adequate health insurance
  • ?Not teaching your children to be financially responsible ? think: ?The Return of the Dependents?
  • ?Not establishing good credit
  • ?Missing a great educational opportunity by not learning from your financial mistakes
  • ?Following the blind: advice from friends who may know slightly more than you
  • ?Loaning money to family or friends
  • ?Acting as a co-signer

Other Financial Mistakes

  • ?Skipping a loan payment (Skipping a payment now only adds a payment at the end and you pay a lot more in interest.)
  • ?Extended warranties
  • ?Payday loans
  • ?Incurring prepayment penalties without obtaining a correspondent interest benefit

And let?s not forget Tiger!

  • ?Tiger Woods tried to sell an image while privately maintaining a completely opposite life style. This resulted in the loss of endorsement deals, a drop in his game and a very expensive divorce. Talk about financial disasters.

Source: http://business380.com/2012/01/29/finance-reflections-from-35-years-as-a-financial-adviser/

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Box Office Guru Wrapup: The Grey Takes the Top Spot

This weekend, audiences turned out for Liam Neeson's latest thriller The Grey which topped a busy frame that saw three new action entries attack a North American box office that already had plenty of action offerings. Marking the first number one debut for rookie distributor Open Road, the R-rated Alaskan survival pic bowed to an estimated $20M from 3,185 theaters for a solid $6,279 average. Following Taken and Unknown, Neeson has emerged as a more cerebral action hero and has now anchored three number one hits over the past three years which is more than most other Hollywood stars like Robert Downey Jr., Brad Pitt, Tom Cruise, Angelina Jolie, Leonardo DiCaprio, Will Smith, Matt Damon, or Denzel Washington.

Reviews were favorable for The Grey but audiences were not too thrilled with the outcome as the wolf attack flick earned a disappointing B- grade from CinemaScore. Social media chatter on Twitter included plenty of disappointment from people who thought that Neeson would have a bigger presence in the film given his prominence in the advertising campaign. But after the shocking $24.7M debut of Taken over Super Bowl weekend in 2009 and the brawny $21.9M debut of Unknown over last year's Presidents Day holiday frame, it made sense that Neeson was far and away the top commercial selling point for the $25M production which boasted no other major stars. Coming up on his 60th birthday, the busy Irish actor could possibly star in a whopping five number one hits this year thanks to the February 10 re-release of Star Wars Episode I: The Phantom Menace, the March 30 bow of Wrath of the Titans, the May 18 launch of Battleship, and the July 20 release of The Dark Knight Rises.

Despite all the action competition, last week's box office champ Underworld: Awakening held up incredibly well dropping 51% to an estimated $12.5M for the lowest sophomore decline in the history of the four-film franchise. The first three pics each fell by 55-65% after their debuts and generally fourth chapters in a sci-fi or horror series draw such a big part of the built-in audience upfront that they crumble in the second frame. Sony has taken in $45.1M after ten days with its Kate Beckinsale vehicle and can expect a final take in the $65-70M range helped in part by 3D surcharges.

Katherine Heigl landed in third place with a respectable debut for her latest film One for the Money which bowed to an estimated $11.8M from 2,737 sites for a decent $4,293 average. Lionsgate refrained from screening the PG-13 action-comedy for critics but reviews that eventually came out were brutal making it the front-runner for next year's Razzie Awards at this early stage in the race. Heigl's films routinely open in double digit millions despite horrible reviews and lame plots although this one lacked a notable male lead. Money, which finds the actress playing a bail bondswoman hunting down an old flame, skewed heavily towards women with studio research showing that the audience was 79% female and 74% over 25. With a lackluster B- CinemaScore, the road ahead looks grim.

The fighter pilot actioner Red Tails dropped 45% from its impressive debut and took fourth place with an estimated $10.4M. Fox's release of the George Lucas production has collected $33.8M in ten days and a final tally of $55-60M seems likely which is more than most expected.

Scoring the worst opening of the frame's three new releases, but the best audience feedback, was Summit's Man on a Ledge with an estimated $8.3M. The PG-13 film averaged a weak $2,752 per theater from 2,998 locations and just couldn't compete with the wide range of other action offerings in the marketplace. Reviews were dull and lead actor Sam Worthington has never anchored an action hit outside of pre-existing brands like Clash of the Titans or James Cameron. But Ledge did have broad appeal with men and women represented equally and 56% of the crowd being under 25. The CinemaScore grade was a decent B+ and the Friday-to-Saturday increase was 44% - both tops among the freshmen.

A pair of Oscar nominees for Best Picture followed, each exploiting the nominations in a different way. The Tom Hanks-Sandra Bullock drama Extremely Loud & Incredibly Close dipped only 29% to an estimated $7.1M in its second weekend of wide release to raise the cume to $21.1M. Warner Bros. has used a Million Dollar Baby-style strategy with this 9/11 pic by opening in just a small number of theaters in late December in order to qualify and then waiting until nomination time to go nationwide letting others duke it out during awards season in hopes that it will be a fresh new option for voters and mainstream audiences alike. The plan worked for Baby which triumphed over the presumed front-runner The Aviator that year. But it may not be repeat this time as Loud only scored one other Academy Award nomination and was left out of the Director race. Still, the Oscar heat could help the film's legs at the box office over the next few weeks as mature audiences catch up on Academy-endorsed films.

George Clooney's The Descendants expanded on Friday more than tripling its run on the heels of earning five Oscar nods and jumped back into the top ten at number seven with an estimated $6.6M. Now getting a second life in its 11th week of release, the Fox Searchlight film boosted its theater count by 257% from 560 locations to 2,001 and watched its weekend gross jump 176% although its average fell by 23%. The Alexander Payne-directed pic has banked $58.8M to date and could rake in a lot more thanks to the Oscar heat and the fact that it has some star power and mainstream appeal.

Former number one Contraband followed with an estimated $6.5M, down 46%, giving Universal $56.4M to date for the Mark Wahlberg actioner. Disney's 3D makeover of Beauty and the Beast dropped 39% to an estimated $5.3M for $41.1M so far. The animated film's lifetime gross including the 1991 original release plus the 2002 special edition is now $212.5M. Rounding out the top ten was Steven Soderbergh's action thriller Haywire which fell a sharp 53% in its second weekend to an estimated $4M putting the Relativity title at $15.3M in ten days.

Oscar nominees all hustled this past week to turn nominations into extra box office. Distributors worked hard to cash in as Academy endorsements and media hype can translate into broader moviegoer interest, especially for smaller films that need more convincing. But with this game comes added expenditures as more prints are needed and additional advertising is purchased so the net "Oscar bump" is nearly impossible to calculate.

The undisputed front-runner The Artist expanded from 662 to 897 theaters and saw its weekend take rise 40% to an estimated $3.3M giving The Weinstein Co. a total of $16.7M with plenty more to come. Its average of $3,696 was not too impressive but it did inch up 3% from last weekend. A near-impossible sell in the U.S. market, The Artist is now fully in the spotlight and positioned to pull in audiences that would not have purchased tickets before. There will still be resistance to the silent 1930s-set French-produced film from the broader mainstream crowd so the cume will only rise so high. But with numerous wins including the top film prizes from both the PGA and DGA, the Golden Globe for Best Picture - Comedy or Musical, Critics Choice awards for Picture and Director, plus ten Academy Award nominations, The Artist is clearly the film to beat and can extend its box office fortunes past Feb 26 if it pulls off a big victory.

Martin Scorsese's Hugo, which led all films with 11 Oscar nods, enjoyed a similar expansion from 650 to 965 sites and grossed an estimated $2.3M. Its boost of 143% was much greater as the 3D film is more accessible and includes characters speaking to each other. Paramount's total is $58.7M. The incredibly expensive production did not fare too well during its initial run but now has a chance add to its cume by reaching those who missed it the first time around. Fellow Best Picture contender War Horse did not benefit much as the Spielberg pic fell 37% to an estimated $2M raising the sum to $75.6M. The war drama lost nearly 700 screens but also saw its average drop too.

Following its qualifying run, Glenn Close's Albert Nobbs opened in limited release after nabbing three Oscar nominations and grossed an estimated $773,000 from 245 theaters for a sluggish $3,155 average. The overall cume is $823,000 for Roadside Attractions and reviews have been mixed for the film but solid for Close's performance as a woman playing a man.

Elsewhere below the top ten, Tom Cruise's Mission: Impossible - Ghost Protocol achieved a pair of notable milestones this weekend. The domestic haul broke the $200M mark with $202.6M thus far while the international run continued to shine raising the overseas tally to $369M. The action hit is now the top-grossing installment of the popular franchise with a global gross of $571.6M and counting thanks in part to a solid debut in China where it raked in $12.7M in only two days more than quintupling the opening of the last Mission: Impossible picture there. The $600M barrier will be crushed soon.

The top ten films grossed an estimated $92.5M which was up 6% from last year when The Rite opened in the top spot with $14.8M; but down 11% from 2010 when Avatar stayed at number one yet again in its seventh frame with $31.3M.

Follow Gitesh on Twitter!

Source: http://www.rottentomatoes.com/m/1924398/news/1924398/

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Sunday, January 29, 2012

British film "Shadow Dancer" lifts crowd at Sundance (Reuters)

PARK CITY, Utah (Reuters) ? A tense British thriller about a mother deeply entrenched in the IRA and forced to choose between the organization and the family she loves has earned high praise among the foreign films at this week's Sundance Film festival.

"Shadow Dancer," set against a backdrop of a Northen Ireland in transition, gave the festival a lift after it premiered earlier this week following some of the higher-profile U.S. fiction films that have failed to live up to pre-festival hype.

The film stars Andrea Riseborough as a Belfast mother who, along with two of her brothers, is active in the Irish Republican Army when she gets offered a deal by an British intelligence officer (Clive Owen) to turn against her colleagues and become an informant or else go to prison.

James Marsh, who made Oscar-winning documentary "Man On Wire," directed "Shadow Dancer" which 1990s Northern Ireland TV correspondent Tom Bradby adapted from his book of the same name. Marsh said he was initially reluctant to work on the movie but ultimately won over by the idea of telling a more personal story of the conflict.

"In Britain you have this sort of exhausted sense of the Northern Irish troubles," he told Reuters. "But I quickly got caught up in the premise of the story where you take a young single mother and you go and force her to spy on her own family. It's an impossible bargain."

The moral quandary of Riseborough's character -- choosing between loved ones and dealing with the guilt of betrayal -- are themes most audiences could relate to, said Marsh.

Marsh applauded other films such as 2002's "Bloody Sunday" that captured a particular episode of the Northern Ireland conflict, but said he was more interested in the microcosm of one family's turmoil and how it reflected the region's larger troubles.

"We didn't try and bring in the bigger political story or the facts involved in this conflict. It felt like a very boiled down family thriller," he said, adding he was not interested in getting "flashy and flamboyant."

His restrained style has been lavished with praise. The Hollywood Reporter hailed his "carefully crafted" film, while The Guardian called it "a poetic and unapologetically arthouse story of betrayal and loyalty that, with its terrific score, measured pacing and fierce female performances, is a raw reminder of a sad and painful past."

RISEBOROUGH ON THE RISE

Working alongside a support cast of Irish actors, the English-born Owen agreed only at the last minute to take the role, while American actress Gillian Anderson turns up in an unrecognizable role as Owen's frosty British boss.

In the main role is English-born Riseborough, 30, who was recently seen playing Wallis Simpson in Madonna's "W.E." Marsh said she was partly cast due to her turns as "a surprising actress, every role she did, you didn't quite recognize her."

"She has something of the quality of a silent movie actress, you can photograph her in close-up and so much is available so discreetly," he said.

Filmed over 5 weeks in Dublin and one week in London, the cinematography features strong shades of gray in stark contrast to Riseborough standing out in a rich red raincoat in tones that Marsh said were inspired by the 1964 Hitchcock film "Marnie."

Marsh, 48, was offered the film after directing "1980," the second movie of the "Red Riding" trilogy. "Shadow Dancer" is his largest fiction feature to date, but he said making fiction films -- as opposed to documentaries like "Man on Wire" or last year's "Project Nim" -- was always a part of his dream.

"The one thing you want from your career is one film leading to another film, and that hasn't always been the case for me. So I am just thrilled to be working and making films," he said. "I am as happy as can be."

"Shadow Boxer" is not the only foreign film winning fans at Sundance, which is considered the premiere festival for U.S. independent moviemakers but in recent years has lured more work from overseas and launched a world cinema competition.

"Wish You Were Here," the Australian drama starring Joel Edgerton as a father struggling to keep his family and himself together after a disastrous holiday, has earned praise. As has "The Raid," a bloody, bone-crunching, martial arts action drama from Indonesia that played at the Toronto film festival.

Also receiving a warm response has been "Madrid, 1987", Brazil's "Father's Chair," Chile's "Violeta Went to Heaven," and Turkish drama "Can," the first Turkish film to play Sundance.

(Reporting By Christine Kearney; Editing by Bob Tourtellotte)

Source: http://us.rd.yahoo.com/dailynews/rss/movies/*http%3A//news.yahoo.com/s/nm/20120127/film_nm/us_sundance_shadowdancer

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WrestleMania XXVIII Axxess tickets now available

The ultimate interactive WWE fan experience ? WrestleMania Axxess ? is coming to Miami from March 29 - April 1 at the Miami Beach Convention Center (Hall D). This is one event WWE fans of all ages will want to be part of! (WATCH)

TICKETS
Available now at:
?- Ticketmaster
?- Ticketmaster.com
?- Charge by phone: 800-745-3000

ATTRACTIONS
?- Live matches
?- Superstar Q&A's
?- Superstar signings
?- Photo stations
?- WWE Shop
?- Undertaker's Graveyard
?- WWE Championship Titles
?- Memorabilia Display
????? And much more! ?

LIMITED VIP TICKETS - $95*

VIP TICKETS INCLUDE:
?- Autograph from designated Superstar at VIP Autograph Stage
?- Entrance to VIP standing area next to ring at WrestleMania Axxess
?- 8x10 Superstar Photo
?- VIP wristband required for meet & greet (wristband will be provided once tickets are scanned on site)

VIP MEET & GREET WITH AUTOGRAPH SIGNING AND MORE!
Thursday, March 29 - Meet WWE Superstar CM Punk - SOLD OUT
Thursday, March 29 - Meet 2012 WWE Hall of Famer Edge - SOLD OUT
Friday, March 30 - Meet WWE Superstar Triple H - SOLD OUT
Friday, March 30 - Meet WWE Superstar John Cena - SOLD OUT
Saturday, March 31 - Meet WWE Superstar Randy Orton - SOLD OUT
Saturday, March 31 - Meet 2011 WWE Hall of Famer Shawn Michaels - SOLD OUT
Saturday, March 31 - Meet WWE Superstar Chris Jericho - SOLD OUT
Saturday, March 31 - Meet WWE Legend Mick Foley
Sunday, April 1 - Meet WWE Superstar Sheamus
Sunday, April 1 - Meet WWE Superstar?Big Show
Sunday, April 1 - Meet WWE Superstar Rey Mysterio

GENERAL ADMISSION TICKETS - $40*

SESSION SCHEDULE & TIMES
Thursday, March 29
6:00 p.m. - 10:00 p.m.

Friday, March 30
6:00 p.m. - 10:00 p.m.

Saturday, March 31
? Session 1: 8:00 a.m. - 12:00 p.m.
? Session 2: 1:00 p.m. - 5:00 p.m.
? Session 3: 6:00 p.m. - 10:00 p.m.

Sunday, April 1
? Session 1: 8:00 a.m. - 12:00 p.m.
? Session 2: 12:30 p.m. - 4:30 p.m.

Children 3 years and under - FREE

*Prices are PER SESSION and do not include applicable fees or sales tax.

WrestleMania XXVII Axxess photos
Day 1 | Day 2 | Day 3 | Day 4

Source: http://www.wwe.com/shows/wrestlemania/28/axxess-tickets

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PG&E Fined $16.8M For Shoddy Gas Leak Surveys

SAN FRANCISCO -- State regulators plan to fine Pacific Gas & Electric Co. $16.8 million for failing to perform gas leak surveys in the wake of a deadly pipeline explosion in a San Francisco suburb in 2010.

The California Public Utilities Commission announced the fine Friday, as part of a new citation program that gives its staff oversight muscle to fine natural gas companies for safety problems spotted on their lines.

The Sept. 9, 2010 blast on the transmission line in San Bruno ignited a fireball that killed eight people and destroyed 38 homes.

Last year, PG&E self-reported to the commission that the company did not perform pipeline leak surveys in several locations, in violation of state regulations. PG&E has 10 days to pay the fine using shareholder dollars, or appeal.

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Source: http://www.huffingtonpost.com/2012/01/27/pge-fined-millions_n_1238199.html

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Saturday, January 28, 2012

If Round 1 is the war of words, Phil Davis leads 10-8 over Rashad Evans

CHICAGO -- In most interviews Phil Davis comes off as a reserved young man. He's not out to ruffle any feathers, but those of us who've had a chance to speak to him repeatedly always knew there was a potential media darling behind that conservative facade.

In the lead-up to Saturday's UFC on Fox 2 card, Rashad Evans has brought out the beast in Davis and the former UFC light heavyweight hasn't reacted too well.

It started last week when Evans flipped out on Davis calling him a "boy." Yesterday during the UFC on Fox 2 prefight press conference, Evans shook his head, appeared annoyed and even looked flustered on several occasions.

[Related: UFC on Fox 2 carries huge implications for blockbuster fights]

As the banter began, Evans tried to play it cool.

"For the most part, I've got nothing against Phil, but you we've got a fight so I've got a lot against him right now. It's personal, but not really PERSONAL personal," said Evans, who had heated prefight words with previous opponents like Tito Ortiz and Quinton Jackson.

Evans got irked when the issue of college wrestling came up. Phil Davis, a more accomplished NCAA star at Penn State than Evans was at Michigan State, laughed when someone asked if his opponent could beat him in a straight wrestling match. Evans kept saying "your technique is trash."

Then Davis was asked about missing the opportunity to face Evans back in August in Philadelphia. Davis quickly pointed out that he didn't get to fight in front of his friends and family from nearby Harrisburg, Pa. Evans took issue with the fact that Davis didn't say he was sad to lose out on the opportunity to fight him. Davis fired back, "Nobody heard me say that!"

Evans snapped again when Davis explained his understanding of what the result of a win could be, a possible title shot against Jon Jones.

"The winner of this fight will fight for the title, but in the event that I hit him too hard and break my hand ... it might lead to somebody else getting the title shot first," said Davis.

"You don't punch nobody hard. Phil can't hit. Phil punches with his hands open and everything," Evans said. "He couldn't bust a grape. You look like Arsenio Hall."

Davis laughed.

"Give him a hand y'all. Give him a hand," said Davis.

That opened the door for a female fan to ask Davis whether he looked more like Hall or NBA star Dwight Howard? Davis handled it gracefully as he done throughout the lead-up to Saturday's tilt. We'll see if his poise remains intact in the fight. Either way, this week showed he'll be a valuable asset on main cards for years to come in the UFC.

Other popular content on Yahoo! Sports:
? Cole: Giants chasing history instead of imploding
? Video: Shaq shows off his underwear on TV
? Video: Teams on the NCAA Tournament bubble watch

Source: http://sports.yahoo.com/blogs/mma-cagewriter/round-1-war-words-phil-davis-10-8-154948395.html

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Ant Raid tops iPhone Games of the Week (Appolicious)

This week has seen an abundance of strong contenders for the best games of the week list, so much so that we?re holding a few back for next Thursday so that they all receive their dues. In the meantime, amuse yourself with this group of quality titles, starting with Ant Raid, a casual strategy game that first appeared on the iPad and is now available to players on all iOS devices. It offers a lot, whether you?re into action games or strategy games. Check it out, and four other great offerings, below.

Formerly just available for the iPad, Ant Raid has made its way to the iPhone, bringing along the casual strategy gameplay that made it so fun on the iPad. You?ll have to defend your ants? strongholds by dispatching soldiers to fight off incoming threats, using touch controls to select groups of ants and choose their targets. Sometimes, you?ll also need to send ants to recover their fallen comrades to heal them, or use your tapping ability to squash bugs yourself. Ant Raid packs great graphics and easy to learn gameplay, adding just enough strategy components to be compelling to lots of different kinds of players.

Niko (iPhone, iPad) $0.99

Niko doesn?t stray too far from the side-scrolling platformer premise we?ve seen working well since the days of Super Mario Bros., but that?s part of what makes it effective. Some of the time, you make Niko, the game?s protagonist, run around and avoid obstacles, but occasionally you need to direct an important jump to put Niko on a wall or platform. When flying through the air, Niko sticks to surfaces, changing up the way the game plays and allowing you to think vertically as well as horizontally as you navigate the world. The game is at its best when it?s sneaking in hidden stuff for you to find; most of the objectives you need to get the best score are off the beaten path. There?s lots to explore in Niko, making it a rewarding way to spend a buck.

Smash Cops (iPhone, iPad) $2.99

Top-down touch-controlled driving title Smash Cops is a challenging entry to the iTunes App Store. As a police officer, you need to navigate the streets, avoid running into civilian cars, and most importantly, ram criminals off the road. The controls are simple but take a lot of getting used to, since you steer basically by moving your thumb just behind your car to dictate where it?ll go. Your performance is judged on speed and efficiency, and Smash Cops never lets up on requiring you bring your best skills to bear. There?s a lot of driving action to be had, and smashing cars and sending them flying through the air is quite enjoyable.

Puzzlejuice is actually a combination of three well-known games in the puzzle genre: Tetris, Bejeweled and Word Search. The game starts with Tetris, dropping geometric blocks on you that you need to arrange at the bottom of the screen to form rows. Complete rows turn those blocks into letters. But each block has sections of different colors, and if you get enough of one color together, you can tap on them to reveal letters as well. Once you?ve done that, you need to clear the letter blocks by finding and creating words. The longer the word, the better the score, and the more blocks disappear along with your word. It?s a tough game that requires some really fast thinking, making it great for puzzle aficionados.

Another puzzler that mixes genres, TripleTown will at first remind you of match-three titles like Bejewled. The game screen is set up like a grid and you need to tap different spaces to place objects. Get three objects together in a group and they disappear, adding points to your score and creating a new object. But all the objects you place actually are building a town on the game screen, and every time you create a new object with a group, you can use a group of that new object to make an even better object. The result is an exercise in planning and puzzle-solving: making grass groups creates a bush, making a bush group creates a tree, making a tree group creates a house, and so on. But often, you?ll need to start at the bottom to get to the really high-scoring objects. It?s a great, addictive take on puzzling and it?s freemium, which means you don?t have to pay for the unlimited version unless you want to.

Source: http://us.rd.yahoo.com/dailynews/rss/applecomputer/*http%3A//us.rd.yahoo.com/dailynews/external/appolicious_rss/rss_appolicious_tc/http___www_appolicious_com_articles10878_ant_raid_tops_iphone_games_of_the_week/44324860/SIG=12o1veg2d/*http%3A//www.appolicious.com/games/articles/10878-ant-raid-tops-iphone-games-of-the-week

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Researchers Spot Potential Bile Duct Cancer Drug Targets (HealthDay) (Yahoo)

HealthDay - THURSDAY, Jan. 26 (HealthDay News) -- Researchers who identified a new genetic signature associated with bile duct cancer say their discovery could lead to targeted treatment for the deadly cancer.

Read the full article...

(From Yahoo Diseases)

Source: http://neurotalk.psychcentral.com/showthread.php?t=164002&goto=newpost

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Is Oprah Really Blue Ivy's Godmother?


Reports surfaced earlier this week that none other than Oprah is the godmother of Beyonce and Jay-Z's newborn baby girl, Blue Ivy Carter. But is it true?

It is not. Oprah is not the godmother.

She may be a fairy godmother in a non-official sense - she did send baby Blue an entire trunk full of books already - but she hasn't been given any title.

Bey PhotoO Pic

Winfrey's BFF Gayle King said: "Let me just say, if [this] is true, it is news to her. You know, she was heading to South Africa when the baby was born."

A separate source close to the power couple's camp also tells E! News that this is not true, and that Media Takeout was wrong (in a stunning revelation).

Again, no need to worry, though, as Winfrey is close to Beyonce and Jay-Z, so Blue Ivy should still get first dibs on Winfrey's annual Favorite Things list.

[Photos: WENN.com]

Source: http://www.thehollywoodgossip.com/2012/01/is-oprah-really-blue-ivys-godmother/

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Friday, January 27, 2012

Video: Obama looks confident for 2012

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Source: http://www.msnbc.msn.com/id/3036697/vp/46169326#46169326

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Samsung's earnings call liveblog

Samsung earnings liveblog
Do you like numbers? What if we said those numbers were amounts of money -- very large sums of money? If we've caught your attention, then perhaps you'd like to join us as we bring you Samsung's earnings call live, straight into your eye holes courtesy of our fancy new liveblog viewer. Click on through and join on. We promise your net fun ratio will be in the positive.

Continue reading Samsung's earnings call liveblog

Samsung's earnings call liveblog originally appeared on Engadget on Thu, 26 Jan 2012 19:25:00 EDT. Please see our terms for use of feeds.

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/I3trn0FuTlI/

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Ringer Winter Premiere Preview: Naughty Sarah Michelle Geller!


The long, painful wait for Ringer fans is almost over.

On Tuesday, this CW drama finally returns with a new episode - and it does, at least, appear to be worth the wait.

Throughout "It Just Got Normal," Siobhan will be determined to make things difficult for her twin, as the following preview so deliciously teases: She's been a stripper, an addict, a murder and an adulterer; you haven't even seen her naughty side yet.

Watch the official CW preview for the installment now:

Source: http://www.thehollywoodgossip.com/2012/01/ringer-winter-premiere-preview-naughty-sarah-michelle-geller/

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Thursday, January 26, 2012

Pharma's niche focus spurs US aid for antibiotics (AP)

WASHINGTON ? The pharmaceutical industry won approval to market a record number of new drugs for rare diseases last year, as a combination of scientific innovation and business opportunity spurred new treatments for diseases long-ignored by drug companies.

Drug companies are increasingly taking advantage of the commercial benefits of developing so-called orphan drugs, which include extra patent protections, higher pricing and a streamlined review process by FDA.

But theit focus on specialty drug research has spurred the U.S. government to ramp up its own spending on vaccines, antibiotics and drugs for more widespread health threats, which are less profitable for companies.

Since 2006, government spending on research for familiar diseases like staph infections, smallpox and botulism has increased more than 660 percent, from $54 million to $415 million last year

"Many of these are everyday, general diseases that we thought we had conquered decades ago, but we've seen some of them pop up again," said Dr. Robin Robinson, director of the Biomedical Advanced Research and Development Authority, which is tasked with acquiring vaccines, drugs and other necessities for public health emergencies.

Since 2005, BARDA has awarded $3.5 billion to outside companies to encourage research of production of antibiotics, flu vaccines and other products that are seen as less profitable than specialty drugs.

"We have pushed the envelope more toward diminishing the risk for companies so that they'll be more interested in getting involved with us and developing things like vaccines and antivirals," said Dr. Anthony Fauci, infectious diseases chief at the National Institutes of Health, which funds research into bird flu, tuberculosis and other potential pandemics. The government's role in developing new therapies goes beyond awarding contracts and includes offering assistance in designing trials and recruiting test subjects.

The need for such assistance stems in part from a new focus among pharmaceutical companies on drugs for rare diseases or unusual strains of common diseases.

Eleven of the 30 new drugs approved last year, or 37 percent, were for rare medical conditions, the highest percentage on record since the FDA began offering incentives to develop such therapies, known as orphan drugs, about 30 years ago. Additionally, nearly half of the 30 drugs were cleared under FDA's "fast track" program reserved for drugs that fill an unmet medical need.

"The companies are saying `this is actually a viable model.' Whereas back in the nineties they were skeptical, now they seem convinced," said Mark Schoenebaum, an analyst with International Strategy & Investment.

Analysts credit scientific advances and looming patent expirations with the spate of innovative products. Drugs worth a mammoth $255 billion in global annual sales are set to go off patent before 2016, according to EvaluatePharma Ltd., a London research firm.

The pharmaceutical industry reached its peak of profitability in the 1990s with heavily marketed drugs for common afflictions, like AstraZeneca PLC's Nexium pill for heart burn or Pfizer Inc.'s Lipitor for high cholesterol. In the last decade drugmakers managed to extend the patents on those drugs by tweaking their formulations, resulting in so-called `follow-on' drugs. But with most of those products on the cusp of losing patent protection, drugmakers have finally been forced to innovate, often turning to hard-to-treat diseases for which there are few existing therapies.

The FDA grants companies seven years of exclusive, competition-free marketing for each newly approved orphan drug, as well as tax breaks on the costs of developing the drugs. Orphan drugs also typically command much higher prices than other drugs. Last year French drugmaker Sanofi paid $20 billion to acquire specialty drugmaker Genzyme, whose products range from $100,000 to $300,000 for one year's supply.

One side effect of the focus on developing drugs for rare diseases is increased investment by the government to spur research into more common public health threats with the potential to cause mass outbreaks of illness. One such threat comes from so-called superbugs, or bacteria that have grown resistant to antibiotic drugs.

Robinson says government support is needed to spur antibiotic development because of how sparingly the products are used in medical practice. After decades of routine use, many first-generation antibiotics like penicillin are no longer effective against common bacterial strains, such as the staphylococcus aureaus, which causes staph infections. Physicians are encouraged to use newer antibiotics only in critical situations that superbugs have less chance to build a resistance to them. As a result, drugmakers do not see a large commercial market for new antibiotics. Now the federal government is providing an incentive.

BARDA has awarded a series of contracts to spur development of new antibiotics that can be stockpiled for use in a natural outbreak or during a bioterrorism attack.

? The agency has allocated up to $64 million to Achaogen, a San Francisco startup, for development of a new antibiotic against tularemia, a bacterium that can cause pneumonia and urinary tract infections. Public health officials are especially focused on Tularemia because it could also be used in a potential bioterrorism attack. Robinson says the contract is an example a new strategy of encouraging companies to produce therapies with dual uses: as federal preparatory measures and as commercial medical products.

Achaogen has received $155 million in research contracts and has several antibiotics in early and mid-stage, though none are currently available for sale.

? Under a $38.5 million contract awarded in September, BARDA will help GlaxoSmithKline PLC test an experimental antibiotic against both bioterrorism agents and infections like hospital-acquired pneumonia.

The U.S. government has used a similar pump priming strategy to encourage investment in flu vaccines. The Department of Health and Human Services wants to be able to provide enough vaccine for the entire U.S. population within six months of a flu pandemic. To meet that goal the government has tried to spur vaccine production by encouraging more Americans to get the standard flu vaccine each year. The government's hope is that by making the shots routine for more Americans, companies will invest in larger vaccine facilities that can ramp up production in the event of a pandemic.

Last month Swiss drugmaker Novartis AG opened the first U.S. vaccine facility equipped with cell culture technology, a faster method for producing vaccines than the traditional technique using chicken eggs. The U.S. government provided half of the $1 billion investment for the facility, as part of its preparations for a potential flu pandemic.

Source: http://us.rd.yahoo.com/dailynews/rss/health/*http%3A//news.yahoo.com/s/ap/20120125/ap_on_he_me/us_dread_disease_aid

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Google speeds toward a future with driverless cars

Google and other companies have ironed out most of the wrinkles in computer-driven cars, and have even done successful tests on public highways. But policy questions remain, including: how would a police officer pull over an autonomous vehicle?

Here's a question to ponder: would you feel safer in a computer-driven car than you do in one you drive yourself? A self-driving car could succumb to software errors or poor programming -- but on the other hand, it also couldn't fall asleep at the wheel, get lost, or fail to see another vehicle in its blind spot.

Skip to next paragraph

The choice between the two is hypothetical for now, but maybe not for much longer.

Autonomous cars aren't on the roads yet, but the technological hurdles have mostly been met by now: Google, BMW, Toyota, and other companies have been working on prototype vehicles for years, and they've even been tested on public roads (in fact, BMW showed off a new self-driving Series 5 vehicle a few days ago). The questions surrounding driverless cars now aren't so much "Are they safe?" and "How do they work?"; rather, they're things like "Would a driverless car need insurance?" and "How would these cars yield right-of-way to each other?"

Those sorts of questions were the focus of a Silicon Valley symposium last week, at which government regulators and technologists tried to sort through some of the legal and policy challenges posed by autonomous cars. Take, for example, the routine traffic stop: how would a police officer pull over a driverless vehicle? Would that even be necessary, if the vehicles were programmed to always obey traffic laws?

Or, another example: surely everyone reading this has bent traffic laws at one point or another. A rolling stop, perhaps, or cruising a bit above the speed limit. How would a computer, programmed to play by the rules, respond to other drivers who don't always do the same? A car that's too "polite" to go with the flow of traffic might put its passenger at a disadvantage.

There are a lot of very human questions that remain to be answered, and the symposium was only the first few baby steps. But Google and other companies have already made a lot of progress toward a driverless future. Lots of vehicles already come with driver-assisting sensor systems that help to limit human error -- things such as blind-spot cameras and even infrared systems for detecting pedestrians at night. BMW and Volkswagen both plan to offer semi-autonomous cars in the near future -- models that can perform relatively simple tasks, such as passing slower vehicles, on their own.

There's also a growing body of evidence that driverless cars could cut down on automotive injuries and deaths. Google's autonomous driving program, for example, recently completed 200,000 miles of unassisted driving on public highways without an accident. And computers can cut down on the human error that causes the great majority of highway injuries and fatalities.

So how far away is a driverless future? It's tough to say when the policy and legal hurdles ? and lingering technical challenges ? will be cleared. The New York Times' John Markoff quotes Sven. A Beiker, the director of Stanford University's Center for Automotive Research, as saying autonomous vehicles might be available "twenty years from now ... maybe on limited roads." But others, including Google's own engineers, think the cars could be made safe for public use sooner than that. (Markoff also mentions that Google is apparently lobbying for state laws that would enable driverless delivery vans within two or three years.)

Readers, what's your take? Would you welcome a future with autonomous vehicles -- or is driving too much fun for you to relinquish control? Let us know how you feel in the comments.

For more tech news, follow us on Twitter @venturenaut. And don?t forget to sign up for the weekly BizTech newsletter.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/yh5uL9uoTzo/Google-speeds-toward-a-future-with-driverless-cars

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Location-Based Shopping App Shopkick Now 3 Million Users Strong; 1B Deals Viewed

shopkickShopkick, an innovative geo-coupon system that is backed by Kleiner Perkins, Greylock, SV Angel and others, is debuting a number of momentum numbers today. The startup's service now has 3 million active users, up from 2.3 million active users in September. Here's how Shopkicks works. Instead of checking in, as you would with a geo app like Foursquare, Shopkick automatically recognizes when someone with the free Android or iPhone app on their phone walks into a store. Once a Shopkick Signal is detected, the app delivers reward points called ?kicks? to the user for walking into a retail store, trying on clothes, scanning a barcode and other actions.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/iSGBczEFQxI/

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Harley-Davidson posts profit versus year-ago loss (AP)

NEW YORK ? Iconic motorcycle maker Harley-Davidson Inc. posted a profit of $105.7 million for the fourth quarter, boosted by improved consumer confidence that prompted more riders to buy its often-pricy bikes.

The profit contrasted with a loss in the same period a year ago. The company said it expects to ship more motorcycles this year, but remains concerned about the possible effects of Europe's economic woes.

Keith Wandell, the company's president and chief executive, credited the fourth-quarter sales jump to improved consumer confidence in the United States, along with key growth investments overseas.

"We will continue to keep a close watch on the marketplace and remain cautious in our expectations of retail given the degree of continued economic uncertainty including regions like the Euro zone," Wandell said in a conference call with analysts.

Tough economic times tend to hurt sales at companies like Harley, whose bikes can range from about $8,000 for a basic model to more than $30,000 for a large highly customized model.

After the global economy stalled in 2008 and Harley's sales plunged 23 percent the next year, it embarked on a massive plan to slash its costs and transform the way it manufactures its motorcycles.

The restructuring has helped turn things around despite tough economic conditions. Harley's sales of motorcycle and related products grew 13 percent in 2011 and the recent quarter marked its third-straight increase in U.S. sales.

Harley reported net income of 46 cents per share for the three months ended Dec. 31. That contrasts with a loss of $46.8 million, or 20 cents per share, a year ago.

The recent quarter's results included a $51 million boost related to tax issues stemming from the company's sale of Italian motorcycle maker MV Agusta in 2010.

Excluding that benefit, the Milwaukee-based company earned 24 cents per share, compared with an adjusted loss of 18 cents per share in the 2010 quarter.

The adjusted profit fell a penny short of Wall Street predictions. Analysts polled by FactSet expected adjusted earnings of 25 cents per share.

Motorcycle and related product revenue rose 12 percent to $1.03 billion, slightly higher than average analysts' predictions of $1.01 billion. Retail sales of new motorcycles grew 11 percent worldwide and included a 12 percent increase in the United States.

International sales rose 9.7 percent and included a 5.8 percent increase in Europe, where consumer confidence has been shaken by the current economic crisis.

Harley shipped 50,730 motorcycles to dealers and distributors during the quarter, compared with 44,481 in the same quarter last year. For the full year, shipments rose 11 percent to 233,117 bikes.

Revenue from parts and accessories increased 7.9 percent to $161.2 million, while revenue from general merchandise, such as clothes and accessories jumped 13 percent to $69.3 million.

Harley's financial services division also got a boost from improved credit conditions. New motorcycle loans jumped 14 percent to $349.5 million and represented about half of the company's retail sales.

Harley said it wants to reduce its inventories and bring its production closer to demand. As a result, it expects to ship between 240,000 and 245,000 motorcycles this year, representing an increase of just 3 percent to 5 percent over 2011.

For the first quarter, Harley said it expects to ship between 58,000 and 63,000 motorcycles.

For all of 2011, Harley reported net income of $599.1 million, or $2.33 per share, up from $146.5 million, or $1.11 per share, in 2010. Motorcycle and related product revenue increased to $4.66 billion from $4.18 billion.

Harley-Davidson shares rose 80 cents, or 1.9 percent, to $42.67 in midday trading Tuesday.

Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/ap/20120124/ap_on_bi_ge/us_earns_harley_davidson

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Greece believes in debt deal despite interest cap (AP)

BRUSSELS ? Greece's finance minister indicated Tuesday that he still believes his country will be able to reach a deal with private bondholders to cut its massive debt, despite tougher terms set by its eurozone partners.

Athens is trying to get its private creditors ? banks and other investment firms ? to swap their Greek government bonds for new ones with half their face value, thereby slicing some euro100 billion ($130 billion) off its massive debt. The new bonds will also push the repayment deadlines 20 to 30 years into the future.

But Greece and representatives of the private creditors have been unable for weeks to agree on the interest rate those new bonds would carry. A high interest rate could buffer losses for the investors, but would also require the eurozone and the International Monetary Fund to put up more than the euro130 billion in rescue loans they promised in late October.

After negotiations that dragged deep into the night, eurozone finance ministers took a firm stand on the debt restructuring, capping the average interest rate over the lifetime of the new bonds "clearly below 4 percent," according to Jean-Claude Juncker, the Luxembourg prime ministers who chaired the meeting. For the period until 2020, the average rate will be limited at less than 3.5 percent, he added.

Those caps are far below average interest rates of more than 4 percent demanded by the Institute of International Finance, which has been leading the negotiations for the private bondholders.

They underline that the eurozone and the IMF are unwilling to increase new rescue loans above the promised euro130 billion, even though Greece's economic situation has deteriorated since then.

After already granting Greece a euro110 billion bailout in May 2010, the eurozone and the IMF are limiting their exposure to the country, which has repeatedly failed to hit budget and reform targets required in return for the financial aid.

But the caps will also seriously test the willingness of private bondholders to agree to a debt deal voluntarily. IIF head Charles Dallara over the weekend had characterized the bondholders' most recent offer as the best possible proposal.

Greek finance chief Evangelos Venizelos was nevertheless confident that the two sides could find common ground.

"We have the green light from the Eurogroup to close the deal with the private sector in the next few days," Venizelos said in Brussels.

The alternative to a voluntary deal would be to force losses onto investors ? a move that the eurozone has so far been unwilling to make. Officials fear that a forced default could trigger panic on financial markets and hurt bigger countries like Italy, Spain or even France.

But Dutch Finance Minister Jan Kees de Jager has said that a voluntary deal was not a must and that getting Greece's debt down to a sustainable level was a bigger priority.

"Greece and the banks have to do more in order to reach a sustainable debt level," he told reporters Tuesday as he arrived for a second day of meetings with his European counterparts. "We have to await the discussions about that because a sustainable debt level is absolutely a precondition for the next (rescue) program."

Greek stocks opened lower Tuesday, shedding a collective 1.7 percent one day after optimism on the debt writedown deal sparked a 5 percent rally.

Meanwhile, updated budget execution figures released by the Greek Finance Ministry showed that despite massive spending cuts, the country's fiscal deficit for 2011 was actually higher than in 2010.

Last year's fiscal deficit hit euro21.72 billion ($28.27 billion) ? euro270 million ($350 million) more than in 2010.

Revenues were euro910 million ($1.18 billion) below target, but the ministry said this was offset by higher-than-anticipated spending cuts of euro896 million ($1.16 million).

These figures are on a cash basis, and exclude some categories of spending taken into account in calculating the final budget deficit for 2011 ? which Greece has pledged to cut to about euro20 billion ($26 billion).

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Nicolas Paphitis in Athens, Greece, contributed to this story.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20120124/ap_on_bi_ge/eu_europe_financial_crisis

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