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Posts Tagged ‘Industry’

Russian Space Industry To Receive $69 Billion Through 2020

January 1st, 2013 01:41 admin View Comments

Space

An anonymous reader sends word that the Russian Space industry will be getting a big boost over the next eight years. Prime Minister Medvedev has approved $68.71 billion in space-related funding from 2013 to 2020. That’s a huge increase from the $3.3 billion spent annually in 2010 and 2011. The increased funding is one of several efforts to restoring Russia’s slowly fading spaceflight capabilities. “The failure of a workhorse Proton rocket after launch in August caused the multimillion-dollar loss of an Indonesian and a Russian satellite. A similar problem caused the loss of a $265 million communications satellite last year. Medvedev criticized the state of the industry in August, saying problems were costing Russia prestige and money.” Medvedev said, “The program will enable our country to effectively participate in forward-looking projects, such as the International Space Station, the study of the Moon, Mars and other celestial bodies in the solar system.”

Source: Russian Space Industry To Receive $69 Billion Through 2020

YouTube Drops 2 Billion Fake Music Industry Views

December 31st, 2012 12:59 admin View Comments

Google

An anonymous reader writes “YouTube has dropped 2 billion fake music industry views and their offending videos. From the article: ‘Google made good on its promise to weed out views inflated by artificial means last week, according to Daily Dot. Record company sites impacted included titans like Universal Music Group, which reportedly lost 1 billion of its 7 billion views, and Sony, who lost 850 million views. The cuts affected marquee names like Rhianna, Beyonce and Justin Bieber. YouTube said in a statement that the figures had been deliberately, artificially inflated. “This was not a bug or a security breach. This was an enforcement of our view count policy,” the company, which is owned by Google, wrote.’”

Source: YouTube Drops 2 Billion Fake Music Industry Views

Give Us Your Personal Data Or Pay Full Fare

December 26th, 2012 12:00 admin View Comments

Privacy

ebh writes “Noted in an AP story about how fees make it difficult to compare air travel costs, is how the airline industry is moving toward tailoring offer packages (and presumably, fares) for individuals based on their personal information. Worse, ‘The airline association said consumers who choose not to supply personal information would still be able to see fares and purchase tickets, though consumer advocates said those fares would probably be at the “rack rate” — the travel industry’s term for full price, before any discounts.’”

Source: Give Us Your Personal Data Or Pay Full Fare

Insurance Industry Looking Hard At Climate Change

December 25th, 2012 12:24 admin View Comments

Businesses

A recent paper in Science (abstract) examines the insurance industry’s reaction to climate change. The industry rakes in trillions of dollars in revenues every year, and a shifting climate would have the potential to drastically cut into the profits left over after settlements have been paid. Hurricane Sandy alone did about $80 billion worth of damage to New York and New Jersey. With incredible amounts of money at stake, the industry is taking climate projections quite seriously. From the article: “Many insurers are using climate science to better quantify and diversify their exposure, more accurately price and communicate risk, and target adaptation and loss-prevention efforts. They also analyze their extensive databases of historical weather- and climate-related losses, for both large- and small-scale events. But insurance modeling is a distinct discipline. Unlike climate models, insurers’ models extrapolate historical data rather than simulate the climate system, and they require outputs at finer scales and shorter time frames than climate models.”

Source: Insurance Industry Looking Hard At Climate Change

How Much Are You Worth To an Online Lead-Gen Site?

December 19th, 2012 12:21 admin View Comments

Privacy

jfruh writes “You may remember the tale of the blogger who found that an infographic he’d put on his site was the front end of an SEO spam job. Well, he’s since followed the money to figure out just who’s behind this maneuver: the for-profit college industry. He discovered that the contact info of someone who expresses interest in online degree programs can be worth up to $250 to an industry with a particularly sleazy reputation.”

Source: How Much Are You Worth To an Online Lead-Gen Site?

Music Industry Suits Could Bankrupt Pirate Party Members

December 15th, 2012 12:32 admin View Comments

Piracy

An anonymous reader writes “Music industry group BPI has threatened legal action against six members of the UK Pirate Party, after the party refused to take its Pirate Bay proxy offline. BPI seems to want to hold the individual members of the party responsible for copyright infringements that may occurs via the proxy, which puts them at risk of personal bankruptcy. Pirate Party leader Loz Kaye criticized the latest music industry threats and reiterated that blocking The Pirate Bay is a disproportionate measure.”

Source: Music Industry Suits Could Bankrupt Pirate Party Members

Automation Is Making Unions Irrelevant

December 14th, 2012 12:54 admin View Comments

The Almighty Buck

dcblogs writes “Michigan lawmakers just approved a right-to-work law in an effort to dismantle union power, but unions are already becoming irrelevant. The problem with unions is they can’t protect jobs. They can’t stop a company from moving jobs overseas, closing offices, or replacing workers with machines. Indeed, improvements in automation is making the nation attractive again for manufacturing, according to U.S. intelligence Global Trends 2030 report. The trends are clear. Amazon spent $775 million this year to acquire a company, Kiva Systems that makes robots used in warehouses. Automation will replace warehouse workers, assembly-line and even retail workers. In time, Google’s driverless cars will replace drivers in the trucking industry. Unions sometimes get blamed for creating uncompetitive environments and pushing jobs overseas. But the tech industry, which isn’t unionized, is a counterpoint. Tech has been steadily moving jobs overseas to lower costs.”

Source: Automation Is Making Unions Irrelevant

US Nuclear Industry Plans “Rescue Wagon” To Avert Meltdowns

December 10th, 2012 12:13 admin View Comments

Government

Hugh Pickens writes writes “AP reports that if disaster strikes a US nuclear power plant, the utility industry wants the ability to fly in heavy-duty equipment from regional hubs to stricken reactors to avert a meltdown providing another layer of defense in case a Fukushima-style disaster destroys a nuclear plant’s multiple backup systems. ‘It became very clear in Japan that utilities became quickly overwhelmed,’ says Joe Pollock, vice president for nuclear operations at the Nuclear Energy Institute, an industry lobbying group that is spearheading the effort. US nuclear plants already have backup safety systems and are supposed to withstand the worst possible disasters in their regions, including hurricanes, tornadoes, floods and earthquakes. But planners can be wrong. The industry plan, called FLEX, is the nuclear industry’s method for meeting new US Nuclear Regulatory Commission rules that will force 65 plants in the US to get extra emergency equipment on site and store it protectively. The FLEX program is supposed to help nuclear plants handle the biggest disasters. Under the plan, plant operators can summon help from the regional centers in Memphis and Phoenix. In addition to having several duplicate sets of plant emergency gear, industry officials say the centers will likely have heavier equipment that could include an emergency generator large enough to power a plant’s emergency cooling systems, equipment to treat cooling water and extra radiation protection gear for workers. Federal regulators must still decide whether to approve the plans submitted by individual plants. ‘They need to show us not just that they have the pump, but that they’ve done all the appropriate designing and engineering so that they have a hookup for that pump,’ says NRC spokesman Scott Burnell said. ‘They’re not going to be trying to figure out, “Where are we going to plug this thing in?”‘”

Source: US Nuclear Industry Plans “Rescue Wagon” To Avert Meltdowns

USPTO Head: Current Patent Litigation Is ‘Reasonable’

November 20th, 2012 11:19 admin View Comments

Patents

elashish14 writes “David Kappos, head of the USPTO, today provided a strong defense of the patent system, particularly in the mobile industry. In his address, he implored critics, ‘Give the [America Invents Act] a chance to work.’ He then went on to proclaim the ‘absolutely breakneck pace’ of innovation in the smartphone industry and that the U.S. patent system is ‘the envy of the world,’ though he was likely only referring to the envy of the world’s lawyers. Perhaps the most laughable quote from his address: ‘The explosion of litigation we are seeing is a reflection of how the patent system wires us for innovation.’”

Source: USPTO Head: Current Patent Litigation Is ‘Reasonable’

USPTO Head: Current Patent Litigation Is ‘Reasonable’

November 20th, 2012 11:19 admin View Comments

Patents

elashish14 writes “David Kappos, head of the USPTO, today provided a strong defense of the patent system, particularly in the mobile industry. In his address, he implored critics, ‘Give the [America Invents Act] a chance to work.’ He then went on to proclaim the ‘absolutely breakneck pace’ of innovation in the smartphone industry and that the U.S. patent system is ‘the envy of the world,’ though he was likely only referring to the envy of the world’s lawyers. Perhaps the most laughable quote from his address: ‘The explosion of litigation we are seeing is a reflection of how the patent system wires us for innovation.’”

Source: USPTO Head: Current Patent Litigation Is ‘Reasonable’

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