Tuesday, October 2, 2012

Analysis suggests RIM might not be worth buying, even with a user base of 78 million

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Do patent and copyright law restrict competition and creativity ...

I am concerned that both patent and copyright protection, though particularly the former, may be excessive.

To evaluate optimal patent protection for an invention, one has to consider both the cost of inventing and the cost of copying; the higher the ratio of the former to the
latter, the greater the optimal patent protection for the inventor. The ratio
is very high for pharmaceutical drugs. The cost of inventing a new drug, a cost
that includes the extensive testing required for the drug to be approved for
sale, is in the hundreds of millions of dollars, yet for most drugs the cost of
copying?or producing an identical substitute?is very low. And so the ratio of
the first to the second cost is very high, making it hard for the inventor to
recover his costs without patent protection (and for the additional reasons
that the present value of the revenue from sale of the drug is depressed
because of the length of time it takes to get approval, and that the effective
patent term is truncated because the patent is granted, and the period patent
protection begins to run, when the patent is granted rather than, years later,
when the drug can begin to be sold).

Pharmaceutical drugs are the poster child for patent protection. Few other products have the characteristics that make patent protection indispensable to the pharmaceutical industry. Most inventions are inexpensive, and even without patent protection, or any other legal protection from competition, the first firm to invent a
product usually has significant protection from competition in the near term.
The first firm gets a headstart on moving down his cost curve as experience
demonstrates ways of cutting costs and improving the product. And the public is
likely to identify his brand with the product, and keep buying it even after
there is competition, and at a premium price. Moreover, many new products have
only a short expected life, so that having 20 years of patent protection would
confer no real benefit?except to enable the producer to extract license fees
from firms wanting to make a different product that incorporates his invention.

When patent protection provides an inventor with more insulation from competition than he needed to have an adequate incentive to make the invention, the result is to
increase market prices above efficient levels, causing distortions in the
allocation of resources; to engender wasteful patent races?wasteful because of
duplication of effort and because unnecessary to induce invention (though the
races do increase the pace of invention); to increase the cost of searching the
records of the Patent and Trademark Office in order to make sure one isn?t
going to be infinging someone?s patent with your invention; to encourage the
filing of defensive patents (because of anticipation that someone else will
patent a similar product and accuse you of infringement); and to encourage
patent ?trolls,? who buy up large numbers of patents for the sole purpose of
extracting licensee fees by threat of suit, and if necessary sue, for
infringement.?

The problem of excessive patent protection is at present best illustrated by the software industry. This is a progressive, dynamic industry rife with invention. But the
conditions that make patent protection essential in the pharmaceutical industry
are absent. Nowadays most software innovation is incremental, created by teams
of software engineers at modest cost, and also ephemeral?most software
inventions are quickly superseded. Software innovation tends to be piecemeal?not
entire devices, but components, so that a software device (a cellphone, a
tablet, a laptop, etc.) may have tens of thousands, even hundreds of thousands,
of separate components (bits of software code or bits of hardware), each one
arguably patentable. The result is huge patent thickets, creating rich
opportunities for trying to hamstring competitors by suing for infringement?and
also for infringing, and then challenging the validity of the patent when the
patentee sues you.?

Further impediments to effective patent policy in the software industry include a shortage of patent examiners with the requisite technical skills, the limited technical competence of judges and jurors, the difficulty of assessing damages for
infringement of a component rather than a complete product, and the instability
of the software industry because of its technological dynamism, which creates
incentives both to patent and to infringe patents and thus increases legal
costs.

The pharmaceutical and software industries are the extremes so far as the social benefits and costs of patent protection are concerned, and there are many industries in between. My general sense, however, bolstered by an extensive academic literature, is that patent protection is on the whole excessive and that major reforms are necessary.?

Turning to copyright, I note first an interesting contrast with patent law. Although there are some industry-specific differences in patent law, for the most part patents
are ?one size fits all,? so far as length of protection and criteria and
procedures for the grant of a patent are concerned. In contrast, copyright
protection tends to vary considerably across different media. For example, when
recorded music came into being, instead of providing it with the same copyright
regime as already governed books and other printed material, Congress devised a
separate regime tailored to what were considered the distinctive
characteristics of music as a form of intellectual property. Patent law could
learn from that approach.

The problem of copyright law is less acute than the problem of patent law, partly? because copyright infringement is limited to deliberate copying; patent infringement does not require proof even that the infringer was aware of the patent that he was
infringing. Nevertheless, as in the case of patent law, copyright protection
seems on the whole too extensive. Granted, with modern action movies often
costing hundreds of millions of dollars to make, yet copiable almost
instantanteously and able to be both copied and distributed almost costlessly,
the need for copyright protection is comparable to that in the pharmaceutical
industry. At the other extreme is academic books and articles (apart from
textbooks), which are produced as a byproduct of academic research that the
author must conduct in order to preserve his professional reputation and that
would continue to be produced even if not copyrightable at all. It is doubtful
that there is any social benefit to the copyrighting of academic work other
than textbooks, which require a lot of work and generally do not enhance the
author?s academic reputation and may undermine it.

The most serious problem with copyright law is the length of copyright protection, which for most works is now from the creation of the work to 70 years after the author?s death. Apart from the fact that the present value of income received so far in the future is negligible, obtaining copyright licenses on very old works is
difficult because not only is the author in all likelihood dead, but his heirs
or other owners of the copyright may be difficult or even impossible to
identify or find. The copyright term should be shorter.

The next most serious problem is the courts? narrow interpretation of ?fair use.? The fair use defense to copyright infringement permits the copying of short excerpts
from a copyrighted work without a license, since the transaction costs of
negotiating a license for a short excerpt would tend to exceed the value of the
license. The problem is that the boundaries of fair use are ill defined, and copyright
owners try to narrow them as much as possible, insisting for example that even
minute excerpts from a film cannot be reproduced without a license.
Intellectual creativity in fact if not in legend is rarely a matter of creation
ex nihilo; it is much more often incremental improvement on existing, often copyrighted, work, so that a narrow interpretation of fair use can have very? damaging effects on creativity. This is not widely recognized.

The need for reform is less acute in copyright than in patent law, but it is sufficiently acute to warrant serious attention from Congress and the courts.

Source: http://www.becker-posner-blog.com/2012/09/do-patent-and-copyright-law-restrict-competition-and-creativity-excessively-posner.html

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British Airways and University of Glamorgan Announce Engineering ...

CARDIFF, Wales, October 1, 2012 /PRNewswire/ --

Initiative brings world-leading technical training from Heathrow to South Wales

British Airways and the University of Glamorgan have signed a landmark agreement to combine technical training for one of the world's leading airlines with the enhanced career prospects of a university degree. ?Under the new initiative, to be accredited by the Civil Aviation Authority (CAA), engineers will graduate from Glamorgan with a BSc degree in Aircraft Maintenance Engineering having also completed the industry-standard EASA Part 66 training, awarded under British Airways' licence. ?The first intake of 100 students will enter the course in October. Engineering staff at British Airways will also have the opportunity to study academic modules from the University at undergraduate and postgraduate level.

Bill Kelly, General Manager Heavy Maintenance at British Airways, said: "We are delighted to be forming this relationship with the University of Glamorgan. British Airways employs over 1,400 people across three sites in South Wales, and this partnership will ensure that we continue to produce world-class engineers, ready to take on the challenge of maintaining our fleet. This is an exciting time for the airline, with next-generation aircraft such as the Boeing 787 and Airbus A380 presenting new challenges for our engineers. Partnering with the University of Glamorgan will allow us to develop the skills necessary to take our business forward."

The University of Glamorgan is one of the world's few institutions to have its own Aerospace Centre, a purpose-built ?2m facility in South Wales with its own airliner and flight simulator.

Professor Julie Lydon, Vice-Chancellor and Chief Executive of the University of Glamorgan, said: "As the largest airline in the UK and a global player in the aviation market, British Airways takes its relationship with education seriously. ?This initiative cements their links with Glamorgan, and we hope to develop our partnership further in the coming months. ?It's a win-win for British Airways, the University, and the graduates.

"This partnership is the only one of its kind in the UK, and is a testament to Glamorgan's reputation for excellence in the aviation industry. ?Glamorgan was founded by industry, for industry, as a specialist college of engineering, and we carry that forward today in ensuring that our aerospace students get both the technical skills to work on some of the world's leading aircraft, and the enhanced career prospects of a degree. ?The University of Glamorgan is well-recognised for being home to first-class facilities, and for producing graduates of an exceptional standard. ? Our partnership with British Airways is sure to give them a head start in their careers."

British Airways

http://www.britishairways.com?

British Airways is a global airline, flying to over 150 destinations in more than 70 countries. British Airways Engineering has a global reputation for engineering excellence and its technical and logistical expertise supports airline operations on every continent, 24 hours a day, 365 days a year. British Airways Engineering has three subsidiaries in South Wales, employing over 1,400 people: British Airways Maintenance Cardiff, British Airways Avionics Engineering, and British Airways Interiors Engineering.

The University of Glamorgan

http://www.glam.ac.uk

Founded by industry, for industry as a centre of engineering and management in 1913, the University of Glamorgan is a key international partner of major public and private sector employers. ?Rated in the UK's top ten universities for the lowest rate of unemployment among its graduates, 93% of Glamorgan students are in work or further study within six months of graduating. ?With 23,000 students from 122 countries on campuses in Cardiff and the South Wales valleys, the University includes two wholly-owned subsidiaries, The College at Merthyr Tydfil and Wales's national conservatoire, the Royal Welsh College of Music and Drama. ?With a strong commitment to social justice, Glamorgan opens opportunities to students from a diverse range of backgrounds and is a leading partner in UHOVI, the pioneering Universities' Heads of the Valleys Institute. ?With 70% of its research recognised as being of international standing, Glamorgan is one of the five members of the St David's Day Group of Wales's leading research-active universities. ?It plays a key role informing the policy debate on sustainable energy, the creative industries, public service reform, and economic growth. ?The University is an international leader in the use of ICT and simulation to deliver professional learning: facilities include its own airliner, court room, financial trading floor, HD television studios, computer animation renderfarm, scene of crime house, hospital simulation suite, and police control room. ?

NOTES TO EDITORS

High resolution images and footage available by contacting +44(0)1443-483362 and press@glam.ac.uk.

PRESS CONTACTS
University of Glamorgan
Public Affairs & Communications Team
Tom Griffin/Alexandra Harden/Jenna Hopkinson
+44(0)1443-483362
+44(0)7736-660538
press@glam.ac.uk

British Airways
Press Office
Ewan Fordyce
+44(0)208-738-5100
media.relations@ba.com?

SOURCE University of Glamorgan

Source: http://www.africanbusinessreview.co.za/press_releases/british-airways-and-university-of-glamorgan-announce-engineering-partnership

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My View: Common myths about home-schooled kids ? Schools of ...

Courtesy Gabriela OliveiraBy Alessandra Oliveira, Special to CNN

Editor?s Note: Alessandra Oliveira is a wife, mother, and blogger who writes about home-schooling her daughter on her blog, Adventures of a Homeschool Mom.

To decide to home-school a child is not something to be taken lightly. Parents have to consider the child's needs first and foremost. Other important considerations are curriculum choice, socialization, financial strain, time commitment, and personal sacrifices. One big question that needs to be answered is "Why do I want to home school my child?"

Among the reasons some parents choose to home-school are: Dissatisfaction with traditional schools, religious beliefs, bullying, ability to custom-design learning for their child, and a desire to spend more time with their children.

I started home-schooling my daughter when she entered first grade. I call myself an "accidental" home-schooler because I didn't really plan to home-school. I fell into it due to circumstances. Looking back, I know I made the absolute right decision for our family. While my husband and I are totally committed to providing a wonderful, supportive learning environment for our daughter, not everyone in our family has been as enthusiastic. I have faced countless questions, odd looks, even criticism about our decision to home-school. Some people try to be polite and offer advice; others will ask the most inappropriate questions. With time, I have learned to deal with all of this scrutiny and misguided input. I am now able to answer questions and explain my reasoning without sounding defensive nor apologetic.

I must admit that a lot of what I hear are things that I actually thought before I started to home-school. I had a lot of misgivings about home-schoolers simply because I did not have enough information. Here, I have compiled some of the most common misconceptions about homes-schooled kids. These are all things that I have faced along my own home-schooling journey. I hope to help dispel some of these misconceptions with a dose of reality from someone who's "been there, done that.?

Myth 1: Home-schooled kids are weird

Reality: This is one of the most bothersome generalizations for home-schoolers. After all, no one wants to be thought of as weird. Home-schooled kids are given the freedom and encouragement to be themselves, to explore who they want to be. The advantage is that home-schooled kids do not have to worry about bullying or pressure to fit in. They are not being pushed to smoke or date before they are ready. If those are the experiences that constitute being called "normal,? I'm sure many home-schooled kids would rather be labeled weird.

Myth 2: Home-schooled kids are social misfits

Reality: Because homeschooled kids are exposed to a wide range of situations and opportunities, they are better equipped to adjust to change and new situations. Kids in traditional schools are exposed to? many children, but in classes with kids all ?their own age. ?In contrast, home-schooled kids are exposed to children of all ages, even adults, so they are better prepared to handle varied social situations. Home-schooled kids can interact comfortably with people of all ages. Home-schooled kids have also been shown to be better problem-solvers because of their exposure to many different situations.

Myth 3: Home-schoolers are against traditional schooling

Reality: Some people who choose to home-school may, in fact, find fault with traditional schooling. However, many home-schoolers have no problem whatsoever with traditional schooling. In my own personal experience, the public school was not the issue. I happen to live in a district with fantastic blue-ribbon schools. My decision to home-school had nothing to do with the public school system. It was a personal decision based on what was best for my child. Some people find that home-schooling just fits their lifestyle better.

Some parents choose home-schooling because their children are not being challenged enough in public school or their special needs are not being met. ?In traditional schools, kids are restricted by time, what they learn has been pre-selected for them, and they have to spend countless hours inside a building, usually sitting for many hours. Home-schooling allows kids the freedom to learn anywhere (the world is their school room). Home-schooled kids have no limit to learning.? They can follow their own interests in choosing what to study. Home-schooled kids are not bound by the clock - They can study any time of day, allowing for flexibility to pursue other interests.

Myth 4: Home-schoolers are religious freaks

Reality: While some parents choose to home-school their children based on their religious beliefs, there is a growing trend in secular home-schooling. ?There are many reasons for choosing home-schooling. Religion may be one of them, but it certainly is not the only one.

Myth 5: Home-schooled kids sit around the house all day

Reality: Home-schoolers view schooling differently than most. They find learning opportunities throughout the day, wherever they are. Learning can take place in the backyard, the park, the supermarket, or on a trip. Homeschooling has built-in flexibility which allows kids to visit museums, galleries, bookstores and many other places much more frequently than children in traditional schools. In addition, home-schooled kids take part in sports, extracurricular activities, book clubs, choir, field trips and more. The possibilities are endless. Homeschooled kids rarely sit around doing nothing.

Myth 6: Colleges don't want homeschooled kids

Reality: Colleges are seeing an increasing number of home-schooled applicants. As home-schooling is becoming more prevalent, colleges are adapting their admissions criteria to allow home-schooled kids to apply and be admitted. Colleges are quickly realizing that home-schoolers excel academically because they are more mature, have impeccable study and time management skills - typically things that are not taught in a classroom. Home-schooled kids also do extremely well on standardized tests and are self-directed learners, things that colleges view positively.

As home-schooling becomes more and more popular in the U.S., I hope that people can be open-minded and respectful, regardless of their personal opinions. I sincerely believe that knowledge is power and it can dispel prejudices and misconceptions.

The opinions expressed in this commentary are solely those of Alessandra Oliveira.

Source: http://schoolsofthought.blogs.cnn.com/2012/10/01/my-view-common-myths-about-home-schooled-kids/

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FreedomPop Opens Its Freemium Internet Service To The Masses With New Public Beta

BOLTPHOTONIt?s been nearly a year since a company called FreedomPop announced its intentions (through a cryptically ambitious press release, no less) that it planned to bring ?free broadband? to data-hungry users nationwide. The early FreedomPop site didn?t inspire much confidence, but it wasn?t long before the team?s practical vision came to light. Put simply, users would get 500MB of free 4G wireless data each month, and a neat social layer would let those users trade data like the commodity FreedomPop thinks it should be. Now FreedomPop is taking another big step forward ? the company has just launched its public beta, allowing users to take the nascent freemium Internet service for a spin.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/W8ZVOhgtXUY/

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Monday, October 1, 2012

Frat house alcohol enema case worries experts

Before an unruly Tennessee party ended with a student hospitalized for a dangerously high blood alcohol level, most people had probably never heard of alcohol enemas.

Thanks to the drunken exploits of a fraternity at the University of Tennessee, the bizarre way of getting drunk is giving parents, administrators and health care workers a new fear.

When Alexander "Xander" Broughton, 20, was delivered to the hospital after midnight on Sept. 22, his blood alcohol level was measured at 0.448 percent ? nearly six times the intoxication that defines drunken driving in the state. Injuries to his rectum led hospital officials to fear he had been sodomized.

Police documents show that when an officer interviewed a fellow fraternity member about what happened, the student said the injuries had been caused by an alcohol enema.

"It is believed that members of the fraternity were utilizing rubber tubing inserted into their rectums as a conduit for alcohol," according to a police report.

While Broughton told police he remembered participating in a drinking game with fellow members of the Pi Kappa Alpha chapter, he denied having an alcohol enema. Police concluded otherwise from evidence they found at the frat house, including boxes of Franzia Sunset Blush wine.

"He also had no recollection of losing control of his bowels and defecating on himself," according to a university police report that includes photos of the mess left behind in the fraternity house after the party.

Broughton did not respond to a cellphone message seeking comment on Friday.

The university responded with swift investigation and a decision Friday to shutter the fraternity until at least 2015. The national Pi Kappa Alpha fraternity organization also accepted the withdrawal of the campus charter.

Alcohol enemas have been the punch lines of YouTube videos, a stunt in a "Jackass" movie and a song by the punk band NOFX called "Party Enema." But Corey Slovis, chairman of department of emergency medicine at Vanderbilt University Medical Center, said actually going through with the deed can have severe consequences.

"It's something that offers no advantages, while at the same time risking someone's life," he said.

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The procedure bypasses the stomach, accelerating the absorption rate, Slovis said. Pouring the alcohol through a funnel can increase the amount of alcohol consumed because it's hard to gauge how much is going in.

"When you're dumping it into your rectum, often via a funnel, one or two ounces seems like such a minuscule amount," he said. Ingesting more can create unconsciousness quite quickly, he explained.

The effects have been fatal in at least one case. An autopsy performed after the death of a 58-year-old Texas man in 2004 showed he had been given an enema with enough sherry to have a blood alcohol level of 0.47 percent. Negligent homicide charges were later dropped against his wife, who said she gave him the enema.

Students walking across campus this week generally responded with sighs and eye rolls when asked about the allegations.

"It's like a big joke," said Erica Davis, a freshman from Hendersonville. "Because who does that?"

Gordon Ray, a senior from Morristown, said the details of the case caught him off guard, but not the fact that fraternity members would be overdoing it with alcohol.

"It is definitely over the top," said Ray. "But it doesn't surprise me, I don't guess."

The harm the news has done to the university's national reputation was on the mind of several students.

"If someone wants to be stupid, then they should do it where it won't affect anyone else," said Marlon Alessandra, freshman from Independence, Va.

James E. Lange, who coordinates alcohol and drug abuse prevention strategies at San Diego State University, said alcohol enemas aren't a common occurrence on campuses, though normal consumption still contributes to hundreds of student deaths annually. And many of those can be attributed to reckless attitudes about the consequences of heavy drinking, he said.

"It's not unusual to hear that students are drinking to get drunk," he said.

Lange said he hopes students don't draw the wrong lessons from the University of Tennessee incident.

"Students and people in general are pretty good at denying that they are at risk for whatever happened to someone else," he said. "So they can look at something like this and say 'I'm OK because I would never do that.'

"However, they may be drinking heavily, or doing things like mixing alcohol with prescription meds that is putting them at serious risk," he said.

To Tennessee freshman Cody Privett of Sevierville, there's nothing appealing about the incident on his campus.

"It's stupid, it's an unfortunate situation," said Privett, of Sevierville. "I mean there's partying, and then there's other things."

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Source: http://www.msnbc.msn.com/id/49228851/ns/health/

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Ryan: Obama Foreign Policy is 'Weak'

Republican vice presidential candidate Paul Ryan went after President Obama?s foreign policy record on Fox News Sunday, just days before he said that Mitt Romney is slated to give a major foreign policy speech.

Ryan called into question the administration?s handling of the incident in Libya, where Ambassador Chris Stevens and three other Americans were killed during an attack on the embassy in Benghazi. ?

?Their response was slow. It was confused. It was inconsistent. They first said that it was a YouTube video and a spontaneous mob; we now know that it was a planned terrorist attack. If this was one tragic incident, that would be a tragedy in and of itself. The problem is, its part of a bigger picture of the fact that the Obama foreign policy is unraveling literally before our eyes on our TV screens,? Ryan said.

Ryan also attempted to blame the unrest in the Middle East and in Syria on what he called Obama?s ?weak? foreign policies that make ?us less safe.?

By contrast, a Romney-Ryan ticket, he said, would ?speak with credibility? on foreign policy. ?The Ayatollahs, by virtue of their conduct, don't believe the president when he says his interest is to stop Iran,? he said.

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Source: http://news.yahoo.com/ryan-obama-foreign-policy-weak-094418154--politics.html

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