Extending The Big Giveaway?

Posted by blogs@bobvila.com (Dave) on under time home buyers, first time home buyers, billi, first time home, motivator, tax credit, realtors |

By all accounts, the $8,000 tax credit has been a big motivator for first time home buyers. The National Association of Realtors estimates 350,000 sales would not have happened without it.So naturally the group is pushing Congress hard for its renewal and expansion. The N.A.R wants to expand the credit to $15,000, extend it to all home buyers and let it run into next summer. That's a tall order, such a plan would cost between $50 and $100 billion.Economists are split on the issue. What do ...

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Tagi: time home buyers, first time home buyers, billi, first time home, motivator, tax credit, realtors

SKA Telescope To Provide a Billion PCs Worth of Processing

Posted by on under solid state storage, square kilometre array, telescope data, telescope project, storage technology, billi, exabyte, processing power, racetrack, grid computing, memory |

Sharky2009 writes "IBM is researching an exaflop machine with the processing power of about one billion PCs. The machine will be used to help process the Exabyte of data per day expected to flow off the Square Kilometre Array (SKA) telescope project. The company is also researching solid state storage technology called 'racetrack memory' which is much faster and denser than flash and may hold the secret to storing the data from the SKA. The story also says that the SKA is unlikely to use grid computing or a cloud-based approach to processing the telescope data due to challenge in transferring so much data (about one thousand million 1Gb memory sticks each day)."

Read more of this story at Slashdot.



Tagi: solid state storage, square kilometre array, telescope data, telescope project, storage technology, billi, exabyte, processing power, racetrack, grid computing, memory

Techcrunch: New Lawsuit Brings Clarity To Skype’s IP Problem (Prognosis: Screwed)

Posted by on under legal woes, niklas zennstrom, best guess, board seat, billi, ebay, mths, fri, skype, old news, good chance, janus, prognosis, techcrunch, founders, clarity, investors |

When a group of investors pooled their resources a few weeks ago to put a bid in to buy Skype from eBay, I thought there was a good chance that Skype's legal woes were behind them. Apparently, I was wrong, and a new lawsuit makes it clear just how bad the situation is for Skype. Sure, Skype doesn't own its core P2P technology, and founders Janus Friis and Niklas Zennstrom were trying to rip that IP out of the service. But that's all old news from months ago. Surely those new investors wouldn't have committed to paying $1.9 billion for 65% of a company that didn't control its IP? At the time of the deal, people close to the transaction told me that the new investors had a much better relationship with Niklas and Janus than eBay, and the situation would soon be worked out. Our best guess was the two would be given a piece of Skype, and possibly a board seat, and the litigation would be dropped.
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Tagi: legal woes, niklas zennstrom, best guess, board seat, billi, ebay, mths, fri, skype, old news, good chance, janus, prognosis, techcrunch, founders, clarity, investors

Landscape with Beautiful Recycled Glass

Posted by on under envirment, recycled glass, billi, glass bottles, compas, landscape, trash |

Every year, we toss over thirty billion glass bottles into the trash. That staggering amount of discarded glass is creating an environmental problem nearly beyond control. EnviroGLAS is one of those rare companies that had an idea and turned it into an innovation to benefit the environment. EnviroSCAPE is one such innovation. [...]
Tagi: envirment, recycled glass, billi, glass bottles, compas, landscape, trash

Who is the Biggest Tool....

Posted by blogs@bobvila.com (Greg) on under stanley works, ceo john, combined company, billi, compas, housing market, new britain, fh, shark, diy, amp |

Looks like the little fish just ate the shark. In a deal announced today, Stanley Works is buying Black & Decker for $4.5 billion. And Stanley Works CEO, John Lundgren is being named CEO of the combined company. According to the companies, the deal views the housing market in a comeback stage and the DIY and construction markets in a lagging position. The merge is good news for the folks at Stanley's headquarters in New Britain, Connecticut where the combined company will be based, ...
Tagi: stanley works, ceo john, combined company, billi, compas, housing market, new britain, fh, shark, diy, amp