India’s Secret to Low-Cost Health Care

India’s Secret to Low-Cost Health Care

by Vijay Govindarajan and Ravi Ramamurti  |   10:00 AM October 15, 2013

A renowned Indian heart surgeon is currently building a 2,000-bed, internationally accredited “health city” in the Cayman Islands, a short flight from the U.S. Its services will include tertiary care procedures, such as open-heart surgery, angioplasty, knee or hip replacement, and neurosurgery for about 40% of U.S. prices. Patients will have the option of recuperating for a week or two in the Caymans before returning to the U.S. At a time when health care costs in the United States threaten to bankrupt the federal government, U.S. hospitals would do well to take a leaf or two from the book of Indian doctors and hospitals that are treating problems of the eye, heart, and kidney all the way to maternity care, orthopedics, and cancer for less than 5% to 10% of U.S. costs by using practices commonly associated with mass production and lean production.

Read more of this post

5 Powerful Tips For Getting More Done Every Day: Believe In What You Do. What happens when you see your work as a calling, not just a job that pays the bills? You are more thorough, engaged — and happier.

5 Powerful Tips For Getting More Done Every Day

ERIC BARKERBARKING UP THE WRONG TREE OCT. 16, 2013, 6:03 PM 2,440 2

Tomorrow (n.): A mystical land where 99% of all human productivity, motivation, and achievement is stored.

1) Know When You’re At Your Best

And plan accordingly. To be a productivity ninja focus less on time management, and more on managing your energy.  Charlie Munger, Vice-Chairman of Berkshire Hathaway, used a system like this to make sure he was always growing. He identified the hours when he was at his best — and then routinely stole one of those peak hours for learning.

Via The Idea Hunter: How to Find the Best Ideas and Make them Happen:

Charlie Munger hit upon one strategy when he was a young lawyer. He decided that whenever his legal work was not as intellectually stimulating as he’d like, “I would sell the best hour of the day to myself.” He would take otherwise billable time at the peak of his day and dedicate it to his own thinking and learning. “And only after improving my mind — only after I’d used my best hour improving myself — would I sell my time to my professional clients.” Are you a morning lark? A night owl? Tired after lunch? Best after a nap? Track Read more of this post

How the Precious Orchid Got So Cheap: Taiwan’s Efficient Growers, Who Copied Tech Industry, Bemoan Days When a Flower Fetched $100,000

How the Precious Orchid Got So Cheap

Taiwan’s Efficient Growers, Who Copied Tech Industry, Bemoan Days When a Flower Fetched $100,000

EVA DOU

Oct. 16, 2013 7:36 p.m. ET

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Taiwan has refined the breeding of orchids into a mass-production business. Most growers handle one step in the process, such as cloning orchids through tissue culture, pictured. Leanne Huang for The Wall Street Journal

WUSHU VILLAGE, Taiwan—A custard-yellow orchid dubbed P. Golden Emperor ‘Sweet’ changed hands between Taiwan breeders in 1978 for $100,000. Now, orchids roll out of greenhouses in Taiwan and onto the shelves of big-box retailers like Lowe’s for as little as $5.48. As with flat-panel televisions and laptop computers, the once-rare orchid has become a mass-market commodity. Orchids now are the best-selling potted flower in the U.S., with annual sales exceeding the poinsettia, according to the U.S. Department of Agriculture. Behind the shift are the entrepreneurs of Taiwan, who have brought to orchid-breeding the energy and methods applied to making consumer electronics. Read more of this post

National Geographic Asked Fans To Submit Their Best Travel Pictures And Got Some Amazing Results

National Geographic Asked Fans To Submit Their Best Travel Pictures And Got Some Amazing Results

MEGAN WILLETT OCT. 16, 2013, 5:53 PM 33,186 2

For 125 years, National Geographic has been photographing our sublime planet, bringing what few humans have witnessed into the average American living room. To celebrate its anniversary and encourage photographers to see the world through the lens, National Georgaphic launched a photo-sharing platform called Your Shot. Led by the magazine’s star photographer Cory Richards and his magazine photo editor Sadie Quarrier, the project asks photographers to submit three images “that convey how photography can help us explore our changing world.”  Richards and Quarrier will also provide tips and feedback for all those who participate, and their favorite photograph will be selected to appear in a future issue of the magazine. In order to participate, photogs must join the Your Shot community and submit photos by October 22nd. To learn more about submitting your photos and the competition, click here.

this-photograph-proves-patience-is-a-photographers-virtue-while-photographing-lilies-in-a-local-swamp-a-cloud-of-tadpoles-swam-by-numbering-in-the-thousands-all-following-along-in-a-trail

This photograph proves patience is a photographer’s virtue. “While photographing lilies in a local swamp, a cloud of tadpoles swam by numbering in the thousands, all following along in a trail.” Read more of this post

TED talks are lying to you. The creative class has never been more screwed. Books about creativity have never been more popular. What gives?

SUNDAY, OCT 13, 2013 07:00 PM MPST

TED talks are lying to you

The creative class has never been more screwed. Books about creativity have never been more popular. What gives?

BY THOMAS FRANK

The writer had a problem. Books he read and people he knew had been warning him that the nation and maybe mankind itself had wandered into a sort of creativity doldrums. Economic growth was slackening. The Internet revolution was less awesome than we had anticipated, and the forward march of innovation, once a cultural constant, had slowed to a crawl. One of the few fields in which we generated lots of novelties — financial engineering — had come back to bite us. And in other departments, we actually seemed to be going backward. You could no longer take a supersonic airliner across the Atlantic, for example, and sending astronauts to the moon had become either fiscally insupportable or just passé. Read more of this post

The 10 Best Pointy-Haired Boss Moments From ‘Dilbert’

The 10 Best Pointy-Haired Boss Moments From ‘Dilbert’

JENNA GOUDREAU OCT. 16, 2013, 9:59 AM 107,665 3

In over two decades of the popular office-centered comic strip Dilbert, the Pointy-Haired Boss has epitomized the idiocies of middle management. He manages by slogan, doesn’t understand what his employees do, and has meetings to discuss the productivity of meetings. The uselessness of management is one of the major themes of Dilbert, Scott Adams, the creator of Dilbert and author of new book “How to Fail at Almost Everything and Still Win Big,” tells Business Insider. “If you’ve ever had a boss, this probably hits home for you.”
For National Boss Day, Adams searched the archives of Dilbert.com and chose his 10 favorite Pointy-Haired Boss strips. Let this be a lesson in what not to do.

august-2001 july-2009 august-2009 september-2009 october-2009 october-2009 (1) september-2010 november-2010 december-2010 december-2010 (1)

 

Focus: The Hidden Driver of Excellence, by Daniel Goleman

October 16, 2013 6:41 pm

‘Focus: The Hidden Driver of Excellence’, by Daniel Goleman

Review by Adam Palin

Focus: The Hidden Driver of Excellence, by Daniel Goleman,HarperCollins/Bloomsbury, $28.99/£18.99

Please concentrate. Your ability to focus productively is being undermined by the daily bombardment of emails, text messages and audio-visual stimulation. This threat demands our at­tention, Daniel Goleman writes, because focus is the secret of success. A psychologist, former science journalist at The New York Times and author of bestselling book Emotional Intelligence, Goleman appears to have the measure of his readers. In Focus, he cleverly emp­loys short chapters littered with case studies to en­gage professionals swimming against a tide of electronic correspondence. Goleman’s prem­ise is that our ability to block out the massof digital distractions is diminished by the “cognitive exhaustion” they cause. Without finding ways to be focused, we cannot help but be distracted.

Mindlessness – when your thoughts are al­ways wandering – is potentially “the single biggest waster of attention in the workplace”, he says. Developing its opposite – the increasingly popular trait of mindfulness– by training the brain to pay complete attention to the current moment is crucial. Mindfulness al­lows us to concentrate on what is important, and not be distracted by the noise around us. Read more of this post

Innovation Requires More Than Systems and Tools

Innovation Requires More Than Systems and Tools

by Cyril Bouquet , Jean-Louis Barsoux and Julian Birkinshaw | Oct 14, 2013

Broad based engagement in innovation has to be carefully nurtured and actively monitored

Innovation ain’t what it used to be. Once the responsibility of a single department with a clear mission — new product development — today, it is everywhere and involves not just products and services, but processes, technologies, business models, pricing plans and performance management practices – the entire value chain.  As a result, innovation is now the responsibility of the entire organization.  Read more of this post

Chasing trends is a dangerous game; Momentum is a losing strategy for long-term investors

October 16, 2013 9:01 am

Chasing trends is a dangerous game

By Paul Woolley

Momentum is a losing strategy for long-term investors

Big investors currently pursue two very different strategies when appointing external managers. Their traditional approach is to hire fund managers for portfolios benchmarked to market indices with risks quite tightly controlled. They are simultaneously increasing their allocations to hedge funds, measured against cash and free to take every liberty under the sun. Both approaches generally produce disappointing results, especially for long-term investors such as pension funds. As it happens, this is for related reasons. Read more of this post

More Holes Than Cheese: Embracing the Growth Imperative

More Holes Than Cheese: Embracing the Growth Imperative

by Hans-Paul Bürkner, Kermit King, and Nor Azah Razali

OCTOBER 08, 2013

Corporate leaders can be forgiven for taking an increasingly cautious view of the future: growth in the developed markets remains slow while growth in the emerging markets is falling from a once-great height. But those who fail to pursue top-line growth and, instead, focus on cost cutting to improve the bottom line risk falling behind more enterprising competitors. Around the world, and in every industry, sector, and business, there are companies managing to grow fast and to build an enduring lead over their rivals.

BCG’s research (https://www.bcgperspectives.com/content/articles/corporate_strategy_portfolio_management_future_of_strategy_most_adaptive_companies_2012/) shows that the gap in operating margin between corporations in the top-performing quartile (companies achieving high growth and high operating margins) and those in the bottom quartile has widened dramatically as the global economy has become ever more volatile and unpredictable. In 1950, the gap was 13 percent. Sixty years later, it was 59 percent.

What is the secret of the fast-growing companies?

In essence, leaders at these organizations understand that there is a growth imperative. This drives them forward. They see opportunities everywhere, pursue them relentlessly, and never think that their job is done. For these leaders, there is always more commercial space to be conquered. There are always more holes than cheese. Read more of this post

Lessons on Technology and Growth from Small-Business Leaders: Ahead of the Curve

Lessons on Technology and Growth from Small-Business Leaders: Ahead of the Curve

by David C. Michael, Neeraj Aggarwal, Derek Kennedy, John Wenstrup, Michael Rüssman, Ruba Borno, Julia Chen, and Julio Bezerra

OCTOBER 05, 2013

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Overview

Small and midsize enterprises (SMEs) are critical to fueling economic growth and job creation around the world. Their success matters. As SMEs search for ways to grow, they have the opportunity to embrace a new wave of information technologies. With the advent of the cloud, SMEs can access many of the same technologies as giant multinational companies. Yet the adoption of the latest IT by smaller companies has been decidedly uneven. This new digital divide threatens to widen the performance gap of SMEs as the pace of innovation accelerates. Read more of this post

IKEA’s Path to Selling 150 Million Meatballs: The Swedish furniture giant’s IKEA Food division is a behemoth, rivaling Panera Bread and Arby’s

IKEA’s Path to Selling 150 Million Meatballs

Ordering Up a Simple Swedish-Influenced Menu to Fuel Shoppers

JENS HANSEGARD

Oct. 16, 2013 7:58 p.m. ET

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Meatballs are on the menu at an IKEA in Stockholm, shown—and around the world. Ellen Emmerentze Jervell for The Wall Street Journal

When IKEA decided to sell food, it chose to do it in much the same way it sells furniture: a few standardized staples, sold in large quantities. The result: 150 million meatballs. That is the number IKEA estimates will be dished out in store cafeterias this year. Though the Swedish company is better known for its inexpensive, assembly-required furniture, its IKEA Food division is a behemoth, rivaling Panera Bread and Arby’s, with nearly $2 billion in annual revenue. The company estimates about 700 million people this year will eat in one of the cafeterias that are located in 300 IKEA stores world-wide. Read more of this post

EBay founder and philanthropist Pierre Omidyar is launching a “new mass media organization “to cover general interest news,” through which he will support “independent journalists,”

EBay Founder Plans News Venture

Pierre Omidyar to Work With the Guardian’s Greenwald

WILLIAM LAUNDER and KEACH HAGEY

Updated Oct. 16, 2013 6:01 p.m. ET

EBay Inc. EBAY -0.83% founder and philanthropist Pierre Omidyar is launching a “new mass media organization” to cover general interest news,” he disclosed in a Web posting, the latest sign of how Silicon Valley riches are flowing to the news business. Mr. Omidyar, who remains eBay chairman and the e-commerce company’s biggest shareholder with a stake valued at about $6 billion, is reportedly committing at least $250 million to the venture, according to an interview he gave media academic and blogger Jay Rosen, who wrote about it on his blog PressThink. Read more of this post

The wonderful world of Japanese law: Yōkoso to endless discovery

The wonderful world of Japanese law: Yōkoso to endless discovery

BY COLIN P.A. JONES

OCT 16, 2013

Having kindly published my intermittent ramblings on Japanese law and the occasional other subject over the years, The Japan Times has seen fit to give me a monthly column.

It seemed appropriate to welcome readers to the inaugural with a couple of headline slogans that the Japanese government has used to encourage tourism. I try to write for “tourists” — the general reader who may be sort of interested in law and the way it affects society but doesn’t do law for a living. Most of my readers are also probably non-Japanese, whose understanding of law is based primarily on what they have learned and experienced in their home country, a background that may make the Japanese system seem very quirky and different. Read more of this post

The push for transparency in CEO pay has pushed compensation even higher

OPEN SEASON

by James SurowieckiOCTOBER 21, 2013

In 1965, America’s big companies had a hell of a year. The stock market was booming. Sales were rising briskly, profit margins were fat, and corporate profits as a percentage of G.D.P. were at an all-time high. Almost half a century later, some things look much the same: big American companies have had a hell of a year, with the stock market soaring, margins strong, and profits hitting a new all-time high. But there’s one very noticeable difference. In 1965, C.E.O.s at big companies earned, on average, about twenty times as much as their typical employee. These days, C.E.O.s earn about two hundred and seventy times as much. Read more of this post

Amazon Has A Brutal System For Employees Trying To Get Promoted

Amazon Has A Brutal System For Employees Trying To Get Promoted

JAY YAROW OCT. 16, 2013, 8:56 AM 24,140 31

Getting a promotion at Amazon isn’t easy, Brad Stone of Bloomberg Businessweek reports. Here’s the way it works. To get ahead at Amazon, your boss has to debate why you deserve a promotion with other managers from the company. If he or she makes an effective case on your behalf, then you get the nod. If not, you wait another 12 months. These debates take place at two different meetings during the year. In the first meeting of the year, usually in February or March, according to a leaked presentation of how the system works, the senior staff talks about employees to see who’s doing well, and who isn’t, and who is getting a promotion. In the second meeting, which takes place in September or October, the leaders talk some more about who’s getting a promotion, and talk about who is doing well and who is doing poorly. Amazon’s managers group employees into three tiers: The top 20%, who are groomed for promotions, the next 70% who are kept happy, and the bottom 10%, who are either let go, or told to get it together. This system, which was created by Jeff Bezos, is supposed to cut down on politics and in-fighting. Unfortunately, Stone says it has the opposite effect. “Ambitious employees tend to spend months having lunch and coffee with their boss’s peers to ensure a positive outcome once the topic of their proposed promotion is raised in [the meetings],” says Stone. Stone also notes that promotions are very limited at Amazon, so if you fight for your employee to get a promotion, it means someone else’s employee gets snubbed. And anyone in the room can nuke someone else’s promotion.

A Kinder, Gentler Airport TSA Screening Checkpoint; Can Mood Lights, Nature Pictures and Piped-in Pandora Ease the Aggravation?

A Kinder, Gentler Airport TSA Screening Checkpoint

Can Mood Lights, Nature Pictures and Piped-in Pandora Ease the Aggravation?

SCOTT MCCARTNEY

Oct. 16, 2013 7:00 p.m. ET

Can a TSA airport checkpoint be made calmer and more hospitable? That’s what a few airports and a private company are now trying to do. Scott McCartney has a first look on the News Hub. A private company is working with airports to try to infuse calm and comfort into a very inhospitable place: the security checkpoint. SecurityPoint Media and Dallas-Fort Worth International Airport opened the first new checkpoint on Sunday, with the second to open at Charlotte-Douglas International Airport in North Carolina on Thursday. Read more of this post

Who owns English in a global market? Are the rules set by people who grew up speaking the language or those who learnt it later?

October 16, 2013 3:45 pm

Who owns English in a global market?

By Michael Skapinker

Are the rules set by people who grew up speaking the language or those who learnt it later? Asquabble – a civilised one, this being the Financial Times – occurred beneath one of my recent columns. It was about who sets the rules for English – those who grew up speaking the language or those who learnt it later? Reader Alan G wrote: “The challenge for native speakers is to keep up with the pace of change, not to promote the increasingly futile attempts to fossilise the language.” Read more of this post

General Electric gambled it could move machinery the size of a Space Shuttle orbiter via an Idaho highway despite failed efforts by others to use the same road in what so far has been a costly miscalculation

Road Too Far: GE Strains to Deliver Energy Colossus

Conglomerate’s Effort to Use Scenic Road to Move Giant Machine Stalls

KATE LINEBAUGH

Oct. 16, 2013 6:27 p.m. ET

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General Electric Co. GE +0.70% has a colossal problem. The industrial conglomerate makes a machine the size of a Space Shuttle orbiter that can extract crude oil from the depths of the Canadian oil sands. But first it has to get it there, and the only way is a road a federal judge says GE can’t use. Last week, GE lost an attempt to overrule a federal injunction preventing it from using a stretch of scenic Idaho highway to haul the giant piece of equipment, called a water evaporator. It has appealed the injunction. For now, though, the evaporator is stuck near the Port of Wilma in Clarkston, Wash., without a way to get to its destination hundreds of miles away in Alberta, Canada.

Read more of this post

Why Hospital CEOs Make So Much Money

Why Hospital CEOs Make So Much Money

RICHARD GUNDERMAN THE ATLANTIC
OCT. 16, 2013, 3:48 PM 1,536 4

Can you tell how good a job hospital CEOs are doing by the amount they are paid? A study by investigators at the Harvard School of Public Health this week suggests that the answer is no. Published in the Journal of the American Medical Association: Internal Medicine, the study found no link between nonprofit CEO pay and a number of important hospital quality indicators, including mortality rates, readmission rates, and the amount of charity care such institutions provide. Read more of this post

Milder Accounts of Hardships Under Mao Arise as His Birthday Nears

October 16, 2013

Milder Accounts of Hardships Under Mao Arise as His Birthday Nears

By CHRIS BUCKLEY

HONG KONG — The famine that gripped China from 1958 to 1962 is widely judged to be the deadliest in recorded history, killing 20 to 30 million people or more, and is one of the defining calamities of Mao Zedong’s rule. Ever since, the party has shrouded that disaster in censorship and euphemisms, seeking to maintain an aura of reverence around the founding leader of the Communist state. Read more of this post

China’s top 10 failing industries

China’s top 10 failing industries

Staff Reporter

2013-10-17

With some industries in China possibly facing bankruptcy, the Party-run Beijing Youth Daily interviewed several market observers and experts to compile a list of the top ten industries in China that are likely to face a shutdown. The first such sector could be that of group-buying websites. The group buying business model gained popularity when it was first introduced in March 2010. But several noted group buying sites, such as Tuanbao and Juqi, have been experiencing operational difficulties. Read more of this post

50%-off luxury goods coupons scamming China’s online shoppers

50%-off luxury goods coupons scamming China’s online shoppers

Staff Reporter

2013-10-17

Fake shopping vouchers are flooding China’s online trading platforms, deceptively offering 30%-50% discounts on foreign luxury goods. The 10-40 yuan (US$1.60-$6.50) slips could not possible offer such hefty reductions on internationally shipped goods, insiders said. Overseas shopping vouchers are no longer proof of the authenticity of luxury goods, as they are often forged by online shopping agents using thermal printers, an insider said in an interview with the Chinese-language Beijing Business Daily. Read more of this post

Out of nowhere, China’s smart TV market explodes into the mainstream

Out of nowhere, China’s smart TV market explodes into the mainstream

By Kaylene Hong, 17 hours ago

Chinese Internet companies are flocking into the smart TV space as they aim to conquer the living room. Recently, a flurry of firms have rolled out smart TVs in the country, hoping to draw consumers with an impressive large screen that is typically the centerpiece of any household, which includes a range of Internet-based entertainment services. Many new smart TVs have arrived in China in recent months. In early September, popular Chinese smartphone manufacturer Xiaomi announced its move beyond handsets as it launched a 47-inch 3D smart TV which is retailing for CNY2,999 ($490). The TV went on sale Tuesday, and 3,000 sets were sold out in under two minutes. Read more of this post

Four billion reasons why Veeva just proved verticals are the new hotness

Four billion reasons why Veeva just proved verticals are the new hotness

BY SARAH LACY 
ON OCTOBER 16, 2013

For enterprise software nerds like me, little-known and newly public Veeva might be the Dos Equis Man of startups: It may be the most interesting software company in the world.

I don’t always build a $4.5 billion software company, but when I do, it only raises $10 million pre-IPO and is focused narrowly on the healthcare industry. 

Veeva is the first company I’ve seen that holds up all of the early 2000s’ promises of cloud computing. The idea that the cloud enabled venture capitalists and entrepreneurs to build a big multi-billion dollar company on less than $30 million or so in funding. The idea that cloud software companies would be able to spend dramatically less on sales and marketing costs than the previous generation of on premise software giants. The idea that profits could come early and effectively bootstrap a company most of the way to its IPO. And the idea that software could become better for everyone — not just the mainstream big business customer. Read more of this post

Here’s Why Apple’s Passbook App Has Already Become A Major Platform For Mobile Commerce

Here’s Why Apple’s Passbook App Has Already Become A Major Platform For Mobile Commerce

MARK HOELZEL AND MARCELO BALLVE OCT. 16, 2013, 4:00 PM 4,537

bii_passbook

What is Passbook? The short answer is that it’s a place for large retailers and brands to connect with consumers. The list of the brands with a Passbook presence is impressive enough to suggest that Apple’s wallet app isn’t too far from being what it set out to become: an iPhone repository for coupons, travel and event tickets, gift and loyalty cards, and vouchers. The stuff that otherwise clutters wallets and purses, and powers commerce.  In the U.S. market, over 35 large retailers and restaurant chains — from Walgreens to Target to Dunkin’ Donuts to Starbucks — as well as event companies, global airlines, and sports leagues are already using it as a channel for acquiring and retaining customers. Apple’s Passbook is already the fourth-most popular mobile commerce app among U.S. consumers. One-fifth of iPhone owners use it. It’s Apple’s fast-maturing attempt at a virtual wallet. Apple has over 500 million credit cards on file. Amazon, its closest competitor in this regard, has less than half that amount of consumer accounts on file. Apple may one day leverage these credit cards to turn Passbook into a real transactions platform to boot, a la PayPal. Are brands ready?  Read more of this post

Jobs Right as Apple Consumers Prefer 5s to Cheaper IPhone: Tech

Jobs Right as Apple Consumers Prefer 5s to Cheaper IPhone: Tech

Apple Inc. (AAPL) co-founder Steve Jobs, who emphasized high-end consumer gadgets over cheaper ones, may have been right all along. Last month, Chief Executive Officer Tim Cook introduced the colorful iPhone 5c, a less-expensive version of Apple’s smartphone, to “serve even more customers” around the world. It turns out people so far are more interested in its pricier, feature-rich cousin, the 5s. Read more of this post

Microsoft Has Invented Earbuds That Pick Music According To Your Mood And Health

Microsoft Has Invented Earbuds That Pick Music According To Your Mood And Health

JULIE BORT OCT. 14, 2013, 7:30 PM 4,204 2

We’ve heard predictions that our PCs will soon be able to recognize our facial gestures and understand our moods (maybe even better than our spouses can). Now Microsoft is working on a technology that will let a pair of earbuds monitor your heart rate, temperature and other biorhythms to figure out your health and mood. It’s a Microsoft Research project is called Septimu. Researchers at the University of Virginia Center for Wireless Health have written a smartphone app called Musical Heart for the Septimu earbuds, as spotted by the CyThings blog. Musical Heart automatically picks music according to your biorhythms. If you are upset and your heart is pounding and your body is tense, it can choose music to calm you down. Or if you are working out and want to keep your heart rate at a particular intensity, it will choose music to motivate you. Right now these are just research projects, not products you can buy. But one day … In the meantime, you can use apps like Songza or Stereomood to get playlists of music that match your mood.

Robotic arm now reads feeling of ‘touch’

2013-10-16 16:42

Robotic arm now reads feeling of ‘touch’

By Ko Dong-hwan

American scientists have developed a robotic arm that can read tactile senses, helping people to recognize objects that they touch through the arm. Sensors attached to the arm “imitate” the pressure applied, enabling the person doing the touching to recognize the object. The arm can control the amount and timing of electric currents passing through the sensors at the moment of touching. When the sensors’ readings are sent to hundreds of electrodes planted in the person’s brain as packets of cognitive signals, the person can interpret the signals.  “Making people believe as if they were feeling through their fingers by sending signals from the robotic arm sensors to electrodes planted at brain is no longer an impossible dream,” said Chicago University’s Dr. Sliman Bensmaia, who led the research. Scientists have already devised robotic arms and legs that can recognize signals that enable the limbs to “think and move.” But tactile perception capability is a major breakthrough, overcoming the challenge of sending signals in a reverse order. Dr. Bensmaia’s paper, titled “Spatial and temporal codes mediate the tactile perception of natural textures,” was posted online at the U.S. Proceedings of the National Academy of Sciences on Tuesday.

Vox’s new mega-round puts a bow on content’s “holy shit” moment

Vox’s new mega-round puts a bow on content’s “holy shit” moment

BY HAMISH MCKENZIE AND SARAH LACY 
ON OCTOBER 15, 2013

Today it was revealed that Vox Media, owner of The Verge, SB Nation, and Polygon has raised another $40 million of funding. Then came BuzzFeed’s scoop that Glenn Greenwald, the political reporter who broke the ongoing saga of Edward Snowden’s NSA leaks, is leaving the Guardian to join a new, “very well-funded” media venture that will cover general news. The new publication, whichReuters reports will be funded by eBay founder Pierre Omidyar, is yet to be revealed.

We must now take a break from our scheduled programming to say: “Holy shit, content is back!”

It’s not just the mysterious Greenwald venture and Vox Media, which has now raised a total of $80 million and is expected to reach profitability this year, that are cause for mild tech-media enthusiasm, however. Read more of this post

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