Tag Archives: Contributor Yesterday

Taiwanese Animators Turn Apple Fingerprint Rumor Into News Video In An Instant

By Anthony Wing Kosner, Contributor

Yesterday, I wrote about evidence that iOS investigator Hamsa Sood had found in the fourth beta release about the use of a fingerprint scanner in the next iPhone. Today, there is an animated “news” clip of the scanner in action thanks to the speedy work of animators at TomoNews in Taiwan (see above.) …read more

Source: FULL ARTICLE at Forbes Latest

MLB Should Have Announced All The Biogenesis Suspensions At The Same Time

By David Lariviere, Contributor

Yesterday’s suspension of Milwaukee’s Ryan Braun for his involvement in the Biogenesis PED scandal was surprising on many levels, one being why the penalty was 65 games when the established policy is 50 games for a first offense, 100 for a second and a lifetime ban for a third. So how was the penalty determined? It will be interesting to see if the Players Association challenges the ruling to find out the logic in the arbitrary length of the suspension. …read more

Source: FULL ARTICLE at Forbes Latest

More On Navalny And Putin From A Forbes Stooge

By Paul Roderick Gregory, Contributor

  Yesterday’s post Putin Declares Himself Dictator With The Navalny Verdict stirred up a hornet’s nest of protest from Putin’s PR machine. According to Putin’s claquers, the Navalny verdict was just. He is a crook. He commands support from only one percent of Russians (All reasonable Russians love Putin). And what can you expect from a hack writer paid generously by Forbes do to do their bidding. Besides, this fool knows nothing about Russia, despite his pretensions. One critic took umbrage at my mention of Alexandra Dukhanina, the teenage girl held under house arrest for more than a year. After all, this vicious masked (wrong, she wore a stocking cap) girl hurled a bit of asphalt at heavily armed riot police. She deserved to be hauled off in a choke hold. (See picture)  Despite my unmasking by Putin supporters, I continue my commentary on the Putin-Navalny shootout. The news of the day: The prosecutor has freed Navalny on bail pending his appeal. The American press has interpreted this either as a concession to Navalny supporters (wrong), as a split within the Kremlin,  or as a clever maneuver to allow Navalny to campaign unsuccessfully in the September Moscow mayoral election against the Russian KGB state’s candidate, Sobyanin. Sobyanin was appointed when Putin fired his predecessor and needs the legitimacy of being elected to office. Navalny is Putin’s first victim to have charisma, an unblemished record, and a following of millions on his blog. Khodorkovsky was an evil oligarch, and the Pussy Riot girls offended traditional Russian values. Navalny represents virgin territory for Putin’s repression machine. Perhaps the Kremlin really does not know what to do. If Putin puts Navalny in jail for five years (which means he needs another sentence at the end of the term), the Navalny legend grows. But a free Navalny will be a constant thorn in Putin’s side as he exposes the theft of billions by Putin and his associates. Allowing Navalny to contest the mayoral race may be too clever by a half. Navalny will be running against a non-Muscovite (from Siberia, no less). To keep Navalny’s vote count down, there will have to be massive fraud, and it was electoral fraud that sent hundreds of thousands to the streets in December of 2011. Instead of giving Sobyanin his electoral mandate, he will go down in history as the one who stole the September 2013 election and set off the massive street demonstrations of September and October of 2013. What is a poor Putin to do? I see that Europe has responded to the Navalny sentence with harsh condemnation. President Obama is said to be concerned and following the situation. He may even cancel his visit to Moscow, but this may have more to do with fugitive Snowden than Navalny. Believe it or not, the United States has tremendous leverage over Putin at this point. Putin has staked his reputation on the success of the winter Olympics in Sochi. The treat of a U.S. boycott could …read more

Source: FULL ARTICLE at Forbes Latest

New Evidence About Why Windows Phone Is Doomed In America

By Tero Kuittinen, Contributor Yesterday, Nokia revealed it sold only 500’000 phones in North America during 2Q 2013, despite notably broad channel support from AT&T, Verizon, Walmart, Home Shopping Network, etc. This is 100’000 units below what Nokia sold a year earlier. That spring 2012 was supposed to be a particularly bad period for Nokia, since the company was limping along with an ancient Symbian range and some obsolete Windows Phone 7 models, just ahead of the big Windows Phone 8 debut. …read more

Source: FULL ARTICLE at Forbes Latest

Five Ways That Google's Growth Is Sputtering Like Apple's

By Nigam Arora, Contributor

Yesterday after the close, Google (GOOG) reported earnings of $9.56 per share, excluding items, compared to consensus of $10.78.  Revenues came at $14.11 billion compared to the consensus forecast of $14.40 billion.  Operating margins came at 28% compared to 33% for the same quarter in 2012. …read more

Source: FULL ARTICLE at Forbes Latest

President Obama's Mandated Insurance Rebates Will Cost Consumers Money And Limit Health Plan Competition

By Scott Gottlieb, Contributor Yesterday, President Obama invoked the rebates that consumers will get from their health plans this year as proof that his signature health legislation is benefiting Americans. But this aspect may be one of Obamacare’s most ruinous provisions. …read more

Source: FULL ARTICLE at Forbes Latest

Look Like A Million Bucks: Shop At Walmart

By Friederike Sperl, Contributor

Yesterday, Forbes contributor Walter Loeb blasted Walmart for having “no fashion message”.  Really Mr. Loeb? I have to disagree.   Browse the racks of America’s largest retailer and there are plenty of stylish options — even for a professional woman like me. …read more

Source: FULL ARTICLE at Forbes Latest

The NY Times Tries — And Fails — To Protect Obamacare From Health Insurance 'Rate Shock'

By Avik Roy, Contributor

Yesterday, fans of Obamacare were cheering. A front-page story in the New York Times announced that individuals shopping for health insurance in New York would see their premiums halved, based on figures released by the Cuomo administration. It was an “extraordinary decline” that “demonstrates the profound promise” of Obamacare, said one supporter of the law. But the cheerleaders are wrong. New York’s premiums will remain among the costliest in the nation, after Obamacare becomes fully operational. And the unique history of how the Empire State destroyed its individual health-insurance market—using policies quite similar to Obamacare’s—will translate, at best, to only a handful of other states. …read more

Source: FULL ARTICLE at Forbes Latest

Alicia Keys Launches EMPOWERED Campaign

By Rahim Kanani, Contributor

Yesterday at the Kaiser Family Foundation in Washington, D.C., fourteen-time Grammy Award-winning artist and HIV advocate Alicia Keys introduced EMPOWERED, an ongoing public information campaign to reach women in the U.S. about HIV/AIDS. Launched in March 2013, the campaign speaks to both those affected by HIV/AIDS and allies in the fight about what we all can do to change the course of this disease.

From: http://www.forbes.com/sites/rahimkanani/2013/04/16/alicia-keys-launches-empowered-campaign/

Facebook Pulls Down 'Penis Size Matters' Study Link

By Alice G. Walton, Contributor

Yesterday the powers that be at Facebook pulled down a post from Scientific American, linking to a news story from their sister publication Nature, one of the most highly regarded scientific publications around. The piece covered a well-executed new study in Proceedings of the National Academy of Sciences – another of the world’s most prestigious scientific journals – looking at women’s preferences for male physical features, including penis length, height, and shoulder-to-hip ratio. The problem, apparently, was not the content of the piece, but the fact that it included an accompanying graphic showing computer-generated images of nude males. Facebook’s tight rules on nudity apparently don’t extend to science, although they do allow certain works of art and of breast-feeding.

From: http://www.forbes.com/sites/alicegwalton/2013/04/11/facebook-pulls-down-penis-size-matters-study-link/

J.C. Penney Needs to Reinvent Reinvention

By Jonathan Salem Baskin, Contributor

Yesterday’s ouster of JCP‘s CEO Ron Johnson came as no surprise to anybody who has witnessed the company’s tumble into chaos over the past year (I wrote about it here). It’s not the first company to hire a “visionary” leader to transform itself: HP did it with similarly horrible results, and it’s too soon to tell if it’ll work at Yahoo. Now, JCP is going to reinvent itself again with the return of its former CEO, Mike Ullman. …read more

Source: FULL ARTICLE at Forbes Latest

The Supreme Court's First Sale Ruling Will Spur Price Competition in the Short Run, But Enjoy It While It Lasts

By Eric Goldman, Contributor

Yesterday, in Kirtsaeng v. John Wiley & Sons ($JW-A), the U.S. Supreme Court ruled that U.S. copyright law doesn’t restrict the importation of legitimate copyrighted works manufactured and sold overseas.  As a result, publishers cannot use U.S. copyright law to enforce their price discrimination schemes of pricing copyrighted works on a per-nation basis. …read more
Source: FULL ARTICLE at Forbes Latest

CalPERS Criminal Prosecutions Needed to End Public Pension Fraud

By Edward "Ted" Siedle, Contributor

Yesterday a federal grand jury indicted two former top officials of CalPERS, the nation’s largest public pension fund on fraud, conspiracy and obstruction charges. Three years after the “pay-to-play” influence peddling scandal surfaced at the $225 billion fund, the Department of Justice may be poised to investigate and prosecute public pension corruption nationally. Take my word for it, there’s enough public pension corruption across the country to keep DOJ busy for decades. …read more
Source: FULL ARTICLE at Forbes Latest

Buybacks Unchained: Saddling Up For Bank Of America's Next Big Run

By Nigam Arora, Contributor

Yesterday after the market close, the Federal Reserve announced the results of Comprehensive Capital Analysis and Review (CCAR).  In CCAR, the Fed evaluates capital ratios under distressed financial and economic conditions, the plan to comply with Basel 3 capital requirements, and the capital planning process. …read more
Source: FULL ARTICLE at Forbes Latest

SEC's Move Against Illinois Stems From Its New Focus On Munis

By Michael Bobelian, Contributor

Yesterday, the Securities and Exchange Commission charged Illinois with securities fraud for misleading municipal bond holders about the scope of its pension obligations.  “Time after time, Illinois failed to inform its bond investors about the risk to its financial condition posed by the structural underfunding of its pension system,” said George S. Canellos, Acting Director of the SEC’s Division of Enforcement. …read more
Source: FULL ARTICLE at Forbes Latest