Saturday, December 24, 2011

Slap Upside The Head: Legal Same-Sex Marriage Improves Health

Dec 21 2011

A doctor proposes to his boyfriend, by holding out a pair of engagement rings:

As if common sense weren?t enough reason to give full, equal marriage rights to same-sex couples, a study out of Columbia University has provided some extra support.

Legal same-sex marriage, according to researchers, reduces the number of medical visits among gay and bisexual men by 13 percent, further reducing health care costs by 14 percent.

Mark Hatzenbuehler, the lead researcher on the study, said that legal equality likely results in health benefits due to a reduction of stress-related issues, both mental and physical. (Living in a committed relationship where someone you love is keeping an eye on your health and safety probably doesn?t hurt either.)

So, if I understand how medical statistical methodology works, allow me to summarize: Since we can marry, gay men in Canada are 13 percent more likely to survive after licking a subway seat. And that?s good to know.

The study was published last week in the American Journal of Public Health, and tracked over 1,200 patients in a Massachusetts health care clinic.

Source: http://www.slapupsidethehead.com/2011/12/legal-same-sex-marriage-improves-health/

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Steve Jobs wins a posthumous Grammy (Yahoo! News)

The late Apple CEO will be given a Trustees Award mainly due to iTunes and the iPod

Tributes to the late?Apple executive keep pouring in a couple of months since he passed away. After a?Mythbusters style documentary, an?80-minute tribute video, an?iPad 2 snowboard, and a?7' tall bronze statue, comes a posthumous Grammy award from the National Academy of Recording Arts and Sciences (NARAS).

Jobs was recently named a recipient of the Trustees Award that's given to people who've made "outstanding contributions to the industry in a nonperforming capacity." He's the sole awardee this year who's not directly involved in the creation of music. Steve's influence convinced record labels to start selling on?iTunes during the store's early days, which immensely contributed to the current popularity of digital music purchases. Not all musicians are happy with what's done, though ??Bon Jovi, for instance,?thinks that one day, people will say that Steve Jobs is responsible for killing the music business.

By granting Jobs the Trustees Award, members of NARAS demonstrate that they believe differently. In fact, he's being recognized at the Grammy's for changing the way we consume not just music but also?movies, books, and?TV. "A creative visionary, Jobs' innovations such as the iPod and its counterpart, the online iTunes store, revolutionized the industry and how music was distributed and purchased," the official announcement says.

A separate ceremony from the main Grammy's event will be held for all special awardees on February 11, 2012 in Los Angeles.

NY Times via?Contra Costa Times

This article was written by Mariella Moon and originally appeared on Tecca

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Source: http://us.rd.yahoo.com/dailynews/rss/tech/*http%3A//news.yahoo.com/s/yblog_technews/20111222/tc_yblog_technews/steve-jobs-wins-a-posthumous-grammy

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Friday, December 23, 2011

In Confidential Email Samwer Describes Online Furniture Strategy As ?Blitzkrieg?

oliver-samwer (1)Rocket Internet, the Berlin-based incubator best known for German-language clones of US startups like Zappos and Groupon, now has big ambitions in the online furniture space according to information passed to TechCrunch Europe. In a confidential email sent by Oliver Samwer which we have confirmed is genuine, the head (with his brothers Marc and Alexander) of European Founders Fund and the driving force behind Rocket, says their strategy is to become "number one" in the ecommerce sector for furniture over the next year. But the language he uses - including the world "blitzkrieg" - indicates an aggressive and potentially insensitive management style which appears to be a 'modus operandi' of Rocket Internet culture. Samwer has since apologised for using the term.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/QJlQtaO4J3k/

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AT&T wins regulatory approval to buy Qualcomm spectrum (Reuters)

(Reuters) ? AT&T Inc said late on Thursday that it won regulatory approval to buy wireless spectrum from U.S. chipmaker Qualcomm Inc, a move that would boost the company's 4G network.

AT&T is buying 700 megahertz (MHz) airwaves for about $1.93 billion, with the aim of countering criticism over iPhone service quality and competitive threats from rivals like Verizon Wireless.

"This spectrum will help AT&T continue to deliver a world-class mobile broadband experience to our customers," Bob Quinn, an AT&T senior vice president, said in a statement.

The companies expect to close the transaction in the coming days, AT&T said.

(Reporting by Sakthi Prasad in Bangalore; Editing by Matt Driskill)

Source: http://us.rd.yahoo.com/dailynews/rss/tech/*http%3A//news.yahoo.com/s/nm/20111223/tc_nm/us_att

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The Note?s Must-Reads for Wednesday, December 21, 2011 (ABC News)

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Thursday, December 22, 2011

EU fails to reach euro200 billion IMF loan target (AP)

BRUSSELS ? European Union finance ministers have come up euro50 billion ($65.19 billion) short of their goal of providing the International Monetary Fund with euro200 billion ($260.78 billion) to help heavily indebted nations avoid default

The eurozone will provide an extra euro150 billion to the IMF through bilateral loans, Jean-Claude Juncker, the prime minister of Luxembourg, who also chairs the meetings of the currency union's finance ministers, said in a statement Monday.

Greece, Ireland and Portugal, which have received multibillion euro bailouts, won't have to contribute to the IMF loans.

Of the non-euro countries, only Denmark, Poland, the Czech Republic and Sweden will also send extra money to the Washington-based fund, Juncker said, without giving specific amounts. Poland had previously said it would provide around euro6 billion, while Denmark has promised euro5.4 billion ? underlining that the euro200 billion target will be missed.

The IMF welcomed the money late Monday. "We welcome the EU Finance Ministers' support for a substantial increase in the IMF's resources, as we work to strengthen our capacity to fulfill our systemic responsibilities to our global membership," a spokesperson said in a statement.

The failure to come up with the full amount that had been indicated at a summit of EU leaders just 10 days ago signals further rifts within the 27-country EU. At the summit, the 17 eurozone countries also agreed to set up a new treaty to create tighter fiscal rules for the currency union, which has been rocked by a debt crisis for the past two years.

The new accord was made necessary after the United Kingdom blocked changes to the existing EU Treaty. Britain, the largest economy among the 10 non-euro countries in the EU, also declined to contribute to the euro200 billion IMF loan target. Its share would have amounted to some euro30 billion.

Instead, London signaled that it may provide more resources to the IMF through the Group of 20 framework, which most likely wouldn't be earmarked for the eurozone. "The U.K. has always been willing to consider further resources for the IMF, but for its global role and as part of a global agreement," the office of U.K. treasury chief George Osborne said in a statement.

The extra IMF loans are meant to be channeled into a special fund that will invest alongside the eurozone's own bailout fund ? the European Financial Stability Facility. The eurozone hopes that its own loans, which will come via national central banks, will encourage other non-European countries to also support Europe via the IMF.

The eurozone is desperate for outside investors, because the euro440 billion EFSF is seen as way too small to save large economies like Italy and Spain. The EFSF has already committed some euro40 billion to Ireland and Portugal and may have to take on more than euro100 billion for a second bailout for Greece.

At the same time, the fund's ability to raise rescue money cheaply on financial markets is threatened by potential downgrades for several eurozone states that guarantee its lending.

Rating agency Standard & Poor's earlier this month put 15 eurozone countries, as well as the EFSF, on watch for a downgrade, citing the escalating debt crisis.

France, the second-largest contributor to the EFSF and currently one of six eurozone states with an AAA rating, is considered to be at particularly high risk of seeing its creditworthiness cut.

But the President of the European Central Bank Mario Draghi warned Monday that "it's likely that if France loses its rating, then other countries' ratings would be changed" as well.

The ECB, which is supposed to help the EFSF in future bond market interventions, is "working actively on all possible scenarios" involving a downgrade of eurozone countries, Draghi said.

He added that the decision by EU leaders at their summit 10 days ago to let the EFSF's successor, the euro500 billion European Stability Mechanism, come into force already in July ? one year ahead of schedule ? was the best response to the downgrade threat.

In contrast to the EFSF, the ESM has paid-in capital, similar to a bank, which makes it less vulnerable to downgrades of its contributing states.

While Draghi applauded the outcome of the EU summit at his appearance in front of lawmakers of the European Parliament, he also warned that Europe risks falling back into recession as the crisis escalates.

He also dampened hopes that the central bank would help struggling countries with their debt troubles, stressing that the ECB would continue to support banks' lending to businesses in an effort to prevent another sharp credit crunch.

__

Sylvia Hui in London contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20111219/ap_on_bi_ge/eu_europe_financial_crisis

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