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Wednesday, May 20, 2009

Google execs admit Twitter's winning real-time game


Google co-founder Larry Page and CEO Eric Schmidt have admitted that when it comes to the public's thirst for real-time, up-to-the-minute news and conversation, Twitter's beating them.

This was reported by the U.K.'s Guardian, as the two executives took the stage at Google's Zeitgeist conference in London.

"People really want to do stuff real time and I think they [Twitter] have done a great job about it," the Guardian quoted Page as saying. "I think we have done a relatively poor job of creating things that work on a per-second basis."

Google acquired one of Twitter's onetime competitors, Jaiku, in fall 2007. Back then, it was still early enough in Twitter's ascent that a competitor with a better product could've come from behind and beaten it--especially with Google's powerful backing. But earlier this year, amid company-wide cutbacks, Google halted most development on Jaiku.

After the Zeitgeist event, Schmidt was asked by the Guardian whether Google might just go ahead and buy Twitter.

"There is a presumption that somehow you cannot have multiple solutions that co-exist," Schmidt said. He then indicated that perhaps a partnership was more likely: "We do not have to buy everybody to work with them, the whole principle of the Web is people can talk to each other."

But don't expect Twitter to sign on as a big partner in Google's AdSense search ads service: Co-founder Biz Stone said earlier this week that the company does not plan to pursue an advertising-based revenue model.

Tuesday, May 19, 2009

World's smallest car


Ananova:
World's smallest car

A Buckinghamshire man has created the world's smallest roadworthy car from a former Postman Pat children's ride.

Perry Watkins with the world's smallest car /Rex

The mini motor is only 39 inches high and 26 inches wide and was converted by car fanatic Perry Watkins, 47, from Wingrave, reports the Daily Telegraph.

The US-based World Records Academy has confirmed that the car - which Mr Watkins has christened 'The Wind-Up' - is officially the world's smallest car.

Mr Watkins, who has previously broken the record for the world's lowest car three times, found the inspiration for his latest motoring endeavour while surfing the internet.

"I searched on eBay for something suitable and found a Postman Pat coin-in-the-slot children's ride from a vendor in Scotland," he said.

"It was in non-operative order, but for what I had in mind this was of no consequence as I only wanted the bare fibreglass body from the ride."

Over a period of seven months, Mr Watkins reinforced the fibreglass shell with a steel frame and mounted it on a mini quad bike.

He added a 150cc engine, mirrors, windscreen wipers, lights, 'go faster' flames and mock racing exhaust pipes. He also had to remove Postman Pat and his black-and-white-cat Jess from the inside.

The vehicle is fully legal and is taxed as a quad bike so Mr Watkins can drive it on public roads. But at 6ft tall, he might be better sticking to his company Jaguar.

BIG BROTHER: 'ALGORITHM'; KNOWS WHEN STAFF MAY QUIT...

Concerned a brain drain could hurt its long-term ability to compete, Google Inc. is tackling the problem with its typical tool: an algorithm.

The Internet search giant recently began crunching data from employee reviews and promotion and pay histories in a mathematical formula Google says can identify which of its 20,000 employees are most likely to quit.

Google officials are reluctant to share details of the formula, which is still being tested. The inputs include information from surveys and peer reviews, and Google says the algorithm already has identified employees who felt underused, a key complaint among those who contemplate leaving.

Applying a complex equation to a basic human-resource problem is pure Google, a company that made using heavy data to drive decisions one of its "Ten Golden Rules" outlined in 2005.

Edward Lawler, director of the Center for Effective Organizations at the University of Southern California, said Google is one of a few companies that are early in taking a more quantitative approach to personnel decisions.

"They are clearly ahead of the curve, but a lot of companies are waking up to the fact that there is a lot of modeling that can provide you with critical data on human capital," Mr. Lawler said.

[google staffing turnover]Associated Press

Current and former Googlers said the company is losing talent because some employees feel they can't make the same impact as the company matures.

The move is one of a series Google has made to prevent its most promising engineers, designers and sales executives from leaving at a time when its once-powerful draws -- a start-up atmosphere and soaring stock price -- have been diluted by its growing size. The data crunching supplements more traditional measures like employee training and leadership meetings to evaluate talent.

Google's algorithm helps the company "get inside people's heads even before they know they might leave," said Laszlo Bock, who runs human resources for the company.

Concerns about a talent exodus have revived in recent weeks amid the departures of top executives, including advertising sales boss Tim Armstrong and display-advertising chief David Rosenblatt. Meanwhile, midlevel employees like lead designer Doug Bowman, engineering director Steve Horowitz and search-quality chief Santosh Jayaram continue to decamp to hot start-ups like Facebook Inc. and Twitter Inc.

Current and former Googlers said the company is losing talent because some employees feel they can't make the same impact as the company matures. Several said Google provides little formal career planning, and some found the company's human-resources programs too impersonal.

"They need to come up with ways to keep people engaged," said Valerie Frederickson, a Silicon Valley personnel consultant who has worked with former Google employees. "If Google was doing this enough, they wouldn't be losing all these people."

Google spokesman Matt Furman said the chance to contribute to "constant and often amazing innovation" keeps employees engaged. The company is determined to retain top product managers and engineers.

Google wouldn't say how many people have left, but says it has managed to hang on to its most important staffers. "We haven't seen the most critical people leave," Mr. Bock said.

Write to Scott Morrison at scott.morrison@dowjones.com

Printed in The Wall Street Journal, page B1

Scientists Unveil Missing Link In Evolution


BREAKING NEWS

3:30pm UK, Tuesday May 19, 2009

Alex Watts, Sky News Online

Scientists have unveiled a 47-million-year-old fossilised skeleton of a monkey hailed as the missing link in human evolution.

The missing link fossil

This 95%-complete 'lemur monkey' is described as the "eighth wonder of the world"

The search for a direct connection between humans and the rest of the animal kingdom has taken 200 years - but it was presented to the world today at a special news conference in New York.

The discovery of the 95%-complete 'lemur monkey' - dubbed Ida - is described by experts as the "eighth wonder of the world".

They say its impact on the world of palaeontology will be "somewhat like an asteroid falling down to Earth".

Researchers say proof of this transitional species finally confirms Charles Darwin's theory of evolution, and the then radical, outlandish ideas he came up with during his time aboard the Beagle.

Sir David Attenborough said Darwin "would have been thrilled" to have seen the fossil - and says it tells us who we are andwhere we came from.

Charles Darwin

Darwin caused storm with his theory

"This little creature is going to show us our connection with the rest of the mammals. This is the one that connects us directly with them," he said.

"Now people can say 'okay we are primates, show us the link'. The link they would have said up to now is missing - well it's no longer missing."

A team of the world's leading fossil experts, led by Professor Jorn Hurum, of Norway's National History Museum, have beensecretly researching the 1ft 9in-tall young female monkey for the past two years.

And now it has been transported to New York under high security, and unveiled to the world during the bicentenary of Darwin's birth.

Later this month, it will be exhibited for one day only at the Natural History Museum in London before being returned to Oslo.

Scientists say Ida - squashed to the thickness of a beer mat by the immense passage of time - is the most complete primate fossil ever found.

This fossil is really a part of our history; this is part of our evolution, deep, deep back into the aeons of time, 47 million years ago.

Fossil expert Professor Jorn Hurum

With her human-like nails instead of claws, and opposable big toes, she is placed at the very root of human evolution when early primates first developed features that would eventually develop into our own.

Another important discovery is the shape of the talus bone in her foot, which humans still have in their feet an incredible 70 million lifetimes later.

Ida was unearthed by an amateur fossil-hunter some 25 years ago in Messel pit, an ancient crater lake near Frankfurt, Germany, famous for its fossils.

She was cleaned and set in polyester resin - and incredibly, was hung on a mystery German collector's wall for 20 years.

Sky News sources say the owner had no idea of the unique fossil's significance, and simply admired it like a cherished Van Gogh or Picasso painting.

The missing link fossil

X-ray of Ida's badly fractured left wrist

But in 2006, Ida came into the hands of private dealer Thomas Perner, who presented her to Prof Hurum at the annual Hamburg Fossil and Mineral Fair in Germany - a centre for themurky world of fossil-trading.

Prof Hurum said when he first saw the blueprint for evolution - the "most beautiful fossil worldwide" - he could not sleep for two days.

A home movie records the dramatic moment. "This is really something that the world has never seen before, this is a unique specimen, totally unique," he says, clearly emotional.

He knew she should be saved for science rather than end up hidden from the world in a wealthy private collector's vault.

But the dealer's asking price was more than $1 million (£660,000) - ten times the amount even the rarest of fossils fetch on the black market.

Eventually, after six months of negotiations, he managed to raise the cash in Norway and brought Ida to Oslo.

Prof Hurum - who last summer dug up the fossil remains of a 50ft marine monster called Predator X from the permafrost on Svalbard, a Norwegian island close to the North Pole - then assembled a "dream team" of experts who worked in secret for two years.

This little creature is going to show us our connection with the rest of the mammals. This is the one that connects us directly with them.

Sir David Attenborough

They included palaeontologist Dr Jens Franzen, Dr Holly Smith, of the University of Michigan, and Philip Gingerich, president-elect of the US Paleontological Society.

Researchers could prove the fossil was genuine through X-rays, knowing it is impossible to fake the inner structure of a bone.

Through radiometric dating of Messel's volcanic rocks, they discovered Ida lived 47 million years ago in the Eocene period, when tropical forests stretched right to the poles, and South America was still drifting and had yet to make contact with North America.

During that period, the first whales, horses, bats and monkeys emerged, and the early primates branched into two groups - one group lived on mainly as lemurs, and the second developed into monkeys, apes and humans.

The experts concluded Ida was not simply a lemur but a 'lemur monkey', displaying a mixture of both groups, and therefore putting her at the very branch of the human line.

"When Darwin published his On the Origin of Species in 1859, he said a lot about transitional species...and he said that will never be found, a transitional species, and his whole theory will be wrong, so he would be really happy to live today when we publish Ida," said Prof Hurum.

"This fossil is really a part of our history; this is part of our evolution, deep, deep back into the aeons of time, 47 million years ago.

"It's part of our evolution that's been hidden so far, it's been hidden because all the other specimens are so incomplete.

"They are so broken there's almost nothing to study and now this wonderful fossil appears and it makes the story so much easier to tell, so it's really a dream come true."

Up until now, the most famous fossil primate in the world has been Lucy, a 3.18-million-year-old hominid found in Ethiopia in 1974. She was then our earliest known ancestor, and only 40% complete.

But at 95% complete, Ida was so well preserved in the mud at the bottom of the volcanic lake, there is even evidence of her fur shadow and remains of her last meal.

From this they concluded she was a leaf and fruit eater, and probably lived in the trees around the lake.

The absence of a bacculum (penis bone) confirmed she was female, and her milk teeth put her age at about nine-months-old - in maturity, equivalent to a six-year-old human child.

This was the same age as Prof Hurum's daughter Ida, and he named the fossil after her.

The study is being published and put online today by the Public Library of Science, a leading academic journal with offices in Britain and the US.

Dr Hurum also found Predator X

Co-author of the scientific paper, Prof Gingerich, likens its importance to the discovery of the Rosetta Stone, an ancient Egyptian artifact found in 1799, which allowed us to decipher hieroglyphic writing.

One clue to Ida's fate - and her remarkable preservation as our oldest ancestor - was her badly fractured left wrist.

The team believes this stopped her from climbing and she had to emerge from the trees to drink water from the 250-metre-deep lake.

They think she was overcome by carbon dioxide gas from the crater, and sunk to the bottom where she was preserved in the mud as a time capsule - and a snapshot of evolution.

But amazingly this final piece of Darwin's jigsaw was almost lost to science when German authorities tried to turn Messel into a massive landfill rubbish dump.

Eventually, after campaigning by Dr Franzen, the plans were rejected and the fossil-rich lake was designated a World Heritage Site.

But no doubt there would have been one person happy for the missing link to have remained hidden.

When Darwin famously told the Bishop of Worcester's wife about his theory of evolution, she remarked: "Descended from the apes! My dear, let us hope that it is not true, but if it is, let us pray that it will not become generally known."

Now, it certainly is.

:: Ida's discovery has been made into an Atlantic Productions' documentary, presented by Sir David Attenborough.


Original article: [here]

Wednesday, May 13, 2009

Top Ten Ways to Spot Financial Fraud

I just re-read Harry Markopolis’ 2005 submission to the SEC. With a fisherman’s precision, he guts Bernie Madoff. He slits the Ponzi scheme down the center and lays bare the innards.

Blecch.fish2

His language is crisp. The numbers are easy to follow. And as Markopolis fillets “split-strike conversion” strategies, there are no metaphorical references to scales, roe, or other kinds of fish gak. There’s only the damning evidence of his exposé.

Few of us share Markopolis’ expertise. With his special skills—an insider’s knowledge of puts, calls, and OTC derivatives—he first smelled the Madoff rot in 1999. It makes me wonder:

How can the rest of us avoid con artists? 

[READ MORE]

Monday, May 04, 2009

An invention that could change the internet for ever

Revolutionary new web software could put giants such as Google in the shade when it comes out later this month. The biggest internet revolution for a generation will be unveiled this month with the launch of software that will understand questions and give specific, tailored answers in a way that the web has never managed before.

[READ MORE]