I couldn't agree more:

 

One reason for this is that the entire Western world has suffered from a deficit of moral authority for decades now. Today we in the West are reluctant to use our full military might in war lest we seem imperialistic; we hesitate to enforce our borders lest we seem racist; we are reluctant to ask for assimilation from new immigrants lest we seem xenophobic; and we are pained to give Western Civilization primacy in our educational curricula lest we seem supremacist. Today the West lives on the defensive, the very legitimacy of our modern societies requiring constant dissociation from the sins of the Western past—racism, economic exploitation, imperialism and so on.

 

So, apple's market cap is the same as all these companies combined. Scary. Just scary. 

At current prices, if you wanted to buy the entire company it would cost you about $240 billion.

To put that in context, for the same amount of money you could own Newmont Mining Corp. (NYSE: NEM - News), the world's largest gold-mining company.

And E.I. Du Pont de Nemours & Co. (NYSE: DD - News), the chemicals giant.

And Kellogg Co. (NYSE: K - News), whose products appear on every breakfast table.

And Shrek studio DreamWorks Animation SKG Inc. (NYSE: DWA - News).

And H&R Block Inc. (NYSE: HRB - News), the company that does everybody's taxes.

And The New York Times Co. (NYSE: NYT - News) And Molson Coors Brewing Co.(NYSE: TAP - News).

And the Estee Lauder Cos Inc. (NYSE: EL - News).

And Tiffany & Co. (NYSE: TIF - News), the Hershey Co. (NYSE: HSY - News), Harley-Davidson Inc. (NYSE: HOG - News), Expedia Inc. (NYSE: EXPE - News),Abercrombie & Fitch Co. (NYSE: ANF - News), American Eagle Outfitters (NYSE:AEO - News), Burger King Holdings Inc. (NYSE: BKC - News), CBS Corp. (NYSE:CBS - News), Chipotle Mexican Grill Inc. (NYSE: CMG - News), Whole Foods Market Inc. (NYSE: WFMI - News), Starbucks Corp. (NYSE: SBUX - News), Netflix Inc. (NYSE: NFLX - News), JetBlue Airways Corp. (NYSE: JBLU - News), NStar(NYSE: NST - News), and Dr Pepper Snapple Group Inc. (NYSE: DPS - News).

Source: http://finance.yahoo.com/banking-budgeting/article/109446/why-everyones-afraid-of-apple

Microsoft's Courier 'digital journal': exclusive pictures and details (update: video!) -- Engadget

Engadget had another update about the Microsoft Courier. Hopefully this a real product and is past the research stage. I want to this this out in the wild... this is what apple's iPad should have been.

Twitter Blog: Trust And Safety

twitter Adam Savage and @Troy get scientific after an energetic and hilarious talk today at Twitter HQ. Thanks @donttrythis! http://flic.kr/p/7JsDEf 23 hours ago reply

While this is great news for all Twitter users, I wonder what this does to services like SocialToo? A big part of their offering is DM spam protection + fishing protection.

When social media can be unsafe

There’s so much positive hype about social media that sometimes its easy to forget the importance of maintaining perspective about it. Recently an acquaintance of mine stopped using Foursquare when she was pranked by several people who told her they were going to rob her house. Because Foursquare is used to indicate where you are, it was for them to know that she was at a restaurant and not at home. Fortunately she wasn’t robbed, but this story is illustrative of how social media can be used for more negative purposes.

Social media isn't always safe and I'd love to see some of the well known people in social media call for more education about these topics in schools.

We already see sexting on the rise, and I bet most teenagers don't realize that facebook records every action you make on the site. Nor that any posted videos will be available perpetually... meaning in 30 years when they have kids, the videos will still probably be available.

Innovation and Disruption, What’s Holding You Back?

Radical strategies like this either get you excited or terrify you (or both). Could you imagine the NYT or WSJ stopping all print publications and going digital only? Wow, that would be amazing. Lay off everyone connected to print and forge ahead. It won’t happen for years, maybe decades. Maybe they’ll always keep some niche print production, but eventually most printed papers will go away. But it’s easy for us to criticize the media for not being willing to let go, but what about your business? Every business has boats they’re holding on to. And it’s usually the part of their business that’s stopping them from being truly innovative. That’s the part of the business the startups love to attack. In my world, agencies continue to submit to hourly billing even though it’s a pain, unproductive and not conducive to providing the best work. Marketers refuse to give up on the CPM advertising metric (cost per thousand rate advertisers charge). It’s broken and doesn’t prove any type of business ROI. These are two boats I would volunteer to ignite myself.

Tac Anderson makes a great point here - one that's obvious but needs stating, the issue with how newspapers are reacting to declining subscriptions and content going online is not only industry specific. It's a general problem of a new platform coming along and holding your business back, or even threatening it.

And while we are all making fun of newspapers for trying to hold out, how many of us are doing the same thing with our own companies? With our own "new threat"?

Technology Review: Blogs: arXiv blog: Physicist Discovers How to Teleport Energy

In 1993, Charlie Bennett at IBM's Watson Research Center in New York State and a few pals showed how to transmit quantum information from one point in space to another without traversing the intervening space.

The technique relies on the strange quantum phenomenon called entanglement, in which two particles share the same existence. This deep connection means that a measurement on one particle immediately influences the other, even though they are light-years apart. Bennett and company worked out how to exploit this to send information. (The influence between the particles may be immediate, but the process does not violate relativity because some informatiom has to be sent classically at the speed of light.) They called the technique teleportation.

That's not really an overstatement of its potential. Since quantum particles are indistinguishable but for the information they carry, there is no need to transmit them themselves. A much simpler idea is to send the information they contain instead and ensure that there is a ready supply of particles at the other end to take on their identity. Since then, physicists have used these ideas to actually teleport photons, atoms, and ions. And it's not too hard to imagine that molecules and perhaps even viruses could be teleported in the not-too-distant future.

But Masahiro Hotta at Tohoku University in Japan has come up with a much more exotic idea. Why not use the same quantum principles to teleport energy?

Today, building on a number of papers published in the last year, Hotta outlines his idea and its implications. The process of teleportation involves making a measurement on each one an entangled pair of particles. He points out that the measurement on the first particle injects quantum energy into the system. He then shows that by carefully choosing the measurement to do on the second particle, it is possible to extract the original energy.

All this is possible because there are always quantum fluctuations in the energy of any particle. The teleportation process allows you to inject quantum energy at one point in the universe and then exploit quantum energy fluctuations to extract it from another point. Of course, the energy of the system as whole is unchanged.

He gives the example of a string of entangled ions oscillating back and forth in an electric field trap, a bit like Newton's balls. Measuring the state of the first ion injects energy into the system in the form of a phonon, a quantum of oscillation. Hotta says that performing the right kind of measurement on the last ion extracts this energy. Since this can be done at the speed of light (in principle), the phonon doesn't travel across the intermediate ions so there is no heating of these ions. The energy has been transmitted without traveling across the intervening space. That's teleportation.

Just how we might exploit the ability to teleport energy isn't clear yet. Post your suggestions in the comments section if you have any.

But the really exciting stuff is the implications this has for the foundations of physics. Hotta says that his approach gives physicists a way of exploring the relationship between quantum information and quantum energy for the first time.

There is a growing sense that the properties of the universe are best described not by the laws that govern matter but by the laws that govern information. This appears to be true for the quantum world, is certainly true for special relativity, and is currently being explored for general relativity. Having a way to handle energy on the same footing may help to draw these diverse strands together.

Interesting stuff. There's no telling where this kind of thinking might lead.

Ref: arxiv.org/abs/1002.0200: Energy-Entanglement Relation for Quantum Energy Teleportation


What the hell is wrong with (some of) the world?! (Poll: 31% of Europeans blame Jews for global financial crisis)

This article (published on Haaretz) is frightening and reminds me of pre-1934 German thinking.

What are people thinking?

Poll: 31% of Europeans blame Jews for global financial crisis

By Natasha Mozgavaya, Haaretz Correspsondents and Haaretz Service


A recent survey conducted by the Anti-Defamation League found that anti-Semitic attitudes in seven European countries have worsened due to the global financial crisis and Israel's military actions against the Palestinians.

Some 31 percent of adults polled blame Jews in the financial industry for the economic meltdown, while 58 percent of respondents admitted that their opinion of Jews has worsened due to their criticism of Israel.

The ADL, a Jewish-American organization polled 3,500 adults - 500 each in Austria, France, Hungary, Poland, Germany, Spain and the United Kingdom - between December 1, 2008 and January 13, 2009.

According to the survey, 40 percent of polled Europeans believe that Jews have an over-abundance of power in the business world. More than half of the respondents in Hungary, Spain and Poland agreed with this statement. These numbers were 7 percent higher in Hungary, 6 percent higher in Poland and 5 percent higher in France than those recorded in the ADL's 2007 survey.

Nearly half of the respondents in each of the countries said that Jews were more loyal to Israel than to their home country. Twenty-three percent said that their opinion of Jews was influenced by Israel's military and political activities.

Another 44 percent of respondents said it was "probably true" that Jews reference the Holocaust too much, while 23% said that they still blame Jews for the death of Jesus.

"This poll confirms that anti-Semitism remains alive and well in the minds of many Europeans," said Abe Foxman, the National Director of Anti-Defamation League. "In the wake of the global financial crisis, the strong belief of excessive Jewish influence on business and finance is especially worrisome."

Late last year, the ADL reported a major upsurge in the number of anti-Semitic postings on the Internet relating to the financial crisis engulfing the United States.

The Jewish-American organization cited hundreds of posts regarding the bankrupt investment bank Lehman Brothers and other institutions affected by the subprime mortgage crisis.

The messages railed against Jews in general, with some charging that Jews control the U.S. government and finance as part of a "Jew world order" and therefore are to blame for the economic turmoil.

The arrest of Wall Street financier Bernard Madoff, who allegedly swindled $50 billion from investors, prompted an outpouring of anti-Semitic comments on mainstream and extremist Web sites, according to the ADL.

The ADL said some of the posts on the highly trafficked sites spread conspiracy theories about Jews stealing money to benefit Israel and suggest that, "Only Jews could perpetrate a fraud on such a scale."

These and other anti-Jewish tropes about Jews and money have appeared on popular blogs devoted to finance, in comment sections of mainstream news outlets and in banter among users of Internet discussion groups, according to the ADL.

"Jews are always a convenient scapegoat in times of crisis, but the Madoff scandal and the fact that so many of the defrauded investors are Jewish has created a perfect storm for the anti-Semites," Foxman said last year, following news of the Internet hate messages.

A Rare Saudi Voice: Arabs Waste Time Trying to Destroy Israel

A Saudi Arabia columnist, in a rare expression of a pro-Israel view, wrote in the London-based Arabic-language daily newspaper Al-Sharq Al-Awsat that Arabs have wasted time and money trying to destroy the Jewish State.

Mash'al Al-Sudairi's column, translated by The Middle East Media Research Institute (MEMRI), stated that although the "Jewish 'occupation of a part of Palestine constitutes great oppression,'" the Arabs have a history of self-inflicted blows" resulting from opposition to the re-establishment of the Jewish State of Israel.

"When, in the early 1930s, we were offered 80 percent of Palestine, while the Jews were offered 20 percent, we rejected the offer. In the late 1940s, we were offered 49 percent of Palestine, and the Jews 51 percent, and we rejected that [offer]," al-Sudairi wrote.

He criticized the Arab world for exhausting all of its resources over the issue of "Palestine" and wasting money and time. I am positive, [and am willing] to bet and even to swear by Allah, that if only 10 percent of the money that the Arab countries invested in arming their forces during the futile fighting [with Israel] had been invested in what was left of Palestine and its people, the West Bank and Gaza would now be enjoying a living standard higher than that of Singapore," he added.

Sudairi also commented on Iran's occupation of three Persian Gulf islands. "With all the turmoil over the Palestinian issue, we have completely forgotten that other Arab countries have been robbed of parts of their territories, in broad daylight, and we never uttered a word of protest," the Saudi columnist noted.

(Source: Arutz 7 News, Tzvi Ben Gedalyahu)