Wednesday, August 10, 2011

Cheaper iMac For Educational Institutions

Apple released their new iMac for educational institutions the first of their iMac desktop devices to be sold for under $1000

While the new iMac for educational institutions are slightly cheaper than other Apple iMac models, the technology offered is also downgraded.

The education-only iMac features a 3.1GHz dual-core Intel Core i3 processor, 2GB (one 2GB) of 1333MHz DDR3 SDRAM and 250GB hard drive space.

Instead of 512MB the graphic memory was also cut in half with the education-only device offering the same AMD Radeon HD 6750M but with only 256MB.

The educational version of the iMac is also missing bluetooth support and the company’s new Thunderbolt port, although at this time very few devices actually support Thunderbolt which makes that option a less important selling point.


Most Hated Person in US

The Florida woman, Casey Anthony, who was found not guilty recently of murdering her two year-old daughter, is the most hated person in America, according to a new poll that tracks public perceptions of celebrities.

Anthony, 25, who is now in hiding after being released from jail in July, was more hated than Spencer Pratt, Nadya "Octomom" Suleman, Paris Hilton or O.J. Simpson and described by poll respondents as cold and creepy, according to the poll released on Wednesday by E-Poll Market Research.

Spencer Pratt was second in the "total dislike" category, followed by Nadya Suleman, O.J. Simpson, and Jon Gosselin.

The E-Score Celebrity poll is carried out weekly among a representative sample of 1,100 respondents aged 13 and over. It ranks more than 6,000 celebrities in terms of public awareness, appeal and 46 other attributes.

For more information visit MSNBC

Apple almost overtakes Exxon Mobil as the most valuable company

Apple's market value surpasses Exxon Mobil's during stock trading Tuesday, but a last-minute gush allows the oil giant to remain No. 1 — at least for now.

Apple's market value is $1.6 billion less than that of Exxon Mobil. Exxon is not likely to stay ahead much longer. Impelled by iPhone and iPad tablet sales,

Apple has been closing in on the oil giant for more than a year, since Apple passed Microsoft Corp. to become the second-most-valuable company in May 2010 when Exxon was worth $50 billion more.

Exxon's biggest burden may be the unsteadiness of another shiny and much talked about commodity: crude oil. Unlike the relatively steady increase in the price of gold over the last several years, oil prices have fluctuated wildly.

Gold is "a safety asset" that investors choose in stressful times when trust in financial institutions becomes fragile. But even if buyers see gold as recession-proof, "it's got no income-generating capability," Ashok Kumar, an analyst at Rodman & Renshaw said.

“Apple is literally a cash machine." He added.

For more information visit Latimes

Facebook and its Harmful effects to Teens

A new study by the American Psychological Association at California State University said that too much time spent on Facebook may lead people to suffer psychologically.

Among the adverse effects yielded from the study was trouble in sleeping, higher levels of anxiety, depression, and stomach aches, being more narcissistic and showing more signs of other psychological disorders, including antisocial behaviors, mania, and aggressive tendencies. Students who use more technology are likely to miss more school and are more likely to also use alcohol.

“Facebook depression,” is deļ¬ned as a depression that develops when preteens and teens spend a great amount of time on social media sites, such as Facebook, and then begin to exhibit classic symptoms of depression. The quest to be cool extends far beyond who sits where at the cafeteria table.


Monday, August 8, 2011

20 Percent Fall in Stocks for Bank of America

Bank of America stocks dropped 20 percent on Monday as investors responded in part to a $10 billion lawsuit that the insurance corporation American International Group brought against the company.

On Monday, AIG announced that it was suing Bank of America for more than $10 billion, charging that BofA, and its acquisitions Merrill Lynch and Countrywide Financial, took part in “massive fraud” when they sold mortgage-backed securities to AIG between 2005 and 2007. AIG says that more than 40 percent of the mortgages were presented as being more secure than they actually were.

BofA closed at $6.51 on Monday, a 20.32 percent drop, after a day of rapid stock declines that saw the Dow shed 634 points. The Dow closed at 10,809 after dipping below 11,000 for the first time since November 2010, making Monday the sixth-worst trading day in Dow history.

Huffington Post

iPhone5 Rumors

The release of Apple’s iPhone5 is anticipated by many iPhone fanatics and consumers. Rumors on how it looks, how much it costs, and when it will be released stirs the excitement for Apple’s much awaited smartphone.

Robert Shoesmith sets camp just outside Covent Garden’s Apple Store hoping to be first in line to grab an iPhone5 calling his wait a “marketing and PR experiment.”

On 9to5Mac, circulation of pictures alleged to be of a new case developed to fit a device with a sleeker, slimmer profile are heating up rumors of fall launch. Before, 9to5Mac successfully leaked pictures of the iPad 2 case molds the weekend before the device hit.

For more information visit Digital Trends& Inquistr

US military helicopter crash in Afghanistan

A US helicopter crashed in Afghanistan on Saturday, August 6, 2011 killing 31 people which includes Seven Afghans and 31 US soldiers.

The helicopter was taking the soldiers back to their base after an operation when rebels destroyed the massive double-rotor transport helicopter with a rocket-propelled grenade.

The Taliban claimed they had downed the helicopter with rocket fire while it was taking part in a raid on a house where insurgents were gathered in the province of Wardak, according to the office of the Afghan president, Hamid Karzai. The Islamist group said eight of its fighters had been killed in the fighting.

For more information Yahoo&>

Lollapalooza 2011

Featuring acts from over 130 bands and performers, Lollapalooza 2011’s electronic and dance music stage feature performances by popular alternative rock, heavy metal, punk rock and hip hop bands. Dance and comedy performances, and craft booths can also be found in this annual 2-day event.

This year’s event includes artists like Eminem, Foo Fighters, Coldplay, Muse and My Morning Jacket, deadmau5, A Perfect Circle, Cee Lo Green, Damian “Jr. Gong” Marley & Nas, the Cars and Ween, as well as (deep breath) Bright Eyes, Arctic Monkeys, Big Audio Dynamite, Deftones, Beirut, Explosions in the Sky, Death From Above 1979, Ratatat and Crystal Castles.

Lollapalooza has helped expose and popularize artists such as Red Hot Chili Peppers, Pearl Jam, The Cure, Primus, The Killers, Rage Against the Machine, Arcade Fire, Nine Inch Nails, Jane's Addiction, Metallica, X Japan, Soundgarden, Siouxsie & the Banshees, The Smashing Pumpkins, Muse, Alice in Chains, Tool, Hole, 30 Seconds to Mars, The Strokes, Lady GaGa and the Starlight Revue, and Green Day.

More information