Wednesday, June 18, 2014

11 Traits All Successful Leaders Share

Source: http://www.businessinsider.com/traits-all-successful-leaders-share-2014-6

Henry Ford

In 1908, a young journalist named Napoleon Hill met with the industrialist Andrew Carnegie, one of the richest men to ever live, to discuss how he became so successful.

Carnegie liked Hill so much that he decided to share his core values and strategies, which launched Hill's career as a pioneer of the self-help genre.

His 1937 book "Think and Grow Rich" went on to become one of the bestselling books of all time. Hill based his insights on the lives of legendary businessmen of the early 20th century, like Thomas Edison and Henry Ford.

Here are the 11 traits that Hill found all successful leaders share:

1. They have unwavering courage based on self-confidence.

When leaders have a vision they believe in and know that they are capable of realizing it, others will believe in them, too.

2. They have self-control.

Strong leaders need to be able to control themselves if they're going to be able to control others. This means refraining from overreacting to something either positive or negative, which can give people a bad impression.

3. They are fair.

"Without a sense of fairness and justice, no leader can command and retain the respect of his followers," Hill writes.

4. They don't wait for perfect answers to make a decision.

Great leaders practice what Hill calls "definiteness of decision." This means that they do not defer making a decision until they find a "perfect" answer or reach full consensus. They can't be afraid of risk or criticism.

5. They work by a plan.

Hill said that successful leaders never operate on guesswork, and that a resolute leader can trump someone who is naturally more talented. "Henry Ford accumulated a fortune, not because of his superior mind, but because he adopted and followed a plan which proved to be so! und," he writes.

6. They do more than what is required.

The best leaders attain a position of power because they outperformed their competition. And if they're at the top of their field, they maintain greatness by outperforming themselves.

7. They are exceptionally likable.

In his essay "Develop A Pleasing Personality," Hill explains that it was steel magnate Charles M. Schwab's charming demeanor that made him so much money. His boss, Andrew Carnegie, told Hill that he gave Schwab a regular million-dollar bonus (a tremendous amount of money in the late 19th century) not for the work he did, but for the work he used his pleasing personality to get others to do.

8. They are sympathetic.

Successful leaders understand the personalities and problems of their team members. Hill says it's not a coincidence that history is filled with kings and dictators being overthrown, since "people will not follow forced leadership indefinitely."

9. They pay attention to detail.

The best leaders set themselves apart by giving every part of their job their full effort, no matter how small it may be. If a lack of attention leads to regular tiny mistakes, their accumulation can become linked with reputation.

10. They assume full responsibility for their team.

"The successful leader must be willing to assume responsibility for the mistakes and the shortcomings of his followers," Hill writes. The best leaders do not look for excuses to blame others or situations for failures that happened under their watch.

11. They are cooperative.

"Leadership calls for power, and power calls for cooperation," Hill says. The best leaders recognize that by themselves they cannot handle every challenge that comes their way, and instead build a team that they can work with, rather than make demands of.

SEE ALSO: 7 Habits Of Exceptionally Resilient People

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drag2share: Amazon's New Fire Phone Is A Nightmare For Retailers (AMZN)

source: http://feedproxy.google.com/~r/businessinsider/~3/S9oHjBca4-g/amazons-new-phone-enables-showrooming-2014-6

amazon firefly button

Amazon just unveiled a new smartphone called the Fire Phone. 

The phone makes Amazon an even bigger threat to brick-and-mortar retailers thanks to a feature called Firefly. 

Firefly allows you to scan items in-person and encourages you to buy them on Amazon instead. 

In other words, Fire has a built-in showrooming tool. 

The feature "turns the Fire Phone into a sort of universal object scanner that'll recognize books, DVDs, or jars of Nutella, and help you buy them—from Amazon," writes Robert Sorokanich at Gizmodo

Amazon has already taken market share from traditional retailers by offering lower prices. 

The biggest obstacle it has faced is counting on customers to go to the website and look up items, rather than buying in stores. 

Amazon's Firefly removes the middle man and makes shopping on Amazon effortless. 

That could become a big headache for its competitors. 

Firefly has other handy uses. 

For instance, it can recognize a painting and immediately transfer you to the Wikipedia page. 

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IBM's Watson Computer Made A BBQ Sauce, And It's Delicious

Source: http://www.businessinsider.com/ibms-watson-made-a-bbq-sauce-and-its-delicious-2014-6

ibm cognitive cooking

Watson, a cognitive computing system that can learn and process natural human language, has been one of IBM's most exciting projects of the last decade. Over the past few years, Watson has learned a variety of tasks, from defeating contestants on "Jeopardy" to diagnosing life-threatening diseases. Now the cloud-based system is making its first foray into an industry we can all enjoy: food. 

IBM calls it "cognitive cooking," a collaboration with New York's Institute of Culinary Education that uses data to create the best-tasting food possible. 

IBM engineers carefully examined flavor compounds in thousands of ingredients, going down to the molecular level to measure the pleasantness of each. Then, using nutritional data from the FDA, they had the chefs at ICE try out the combinations Watson had determined would make for a delicious meal. 

When you consider how many ingredients there are out there, all of which can be prepared in a variety of ways, it's obvious why a computer like Watson is best suited for the job. According to IBM, the possibilities for combinations of flavors and ingredients number in the quintillions, far more than a human could possibly try out for themselves. 

"We wanted to see how we could push the boundaries of cognitive computing and if computers could be creative. We created an application that allows users to create a new recipe that’s never been seen before and hopefully tastes good,"  IBM engineer Florian Pinel said to Business Insider. "We wanted to focus on food because it's easy to gather data on and it's something everyone cares about."

Using t! he flavo r combinations generated by Watson, IBM's cognitive cooking team created a database of 30,000 recipes with ingredient combinations they say are scientifically determined to have a pleasant taste. 

"Part of it is that subjectivity — if you don’t like Brussels sprouts maybe we can’t make you like them no matter how much we try with the computer," Pinel said. "But there is that common pleasantness measurement that was identified by some studies and that was universal. Watson focuses on the side behind the universal component." 

Here's a look at what that recipe-generating software looks like. Users can select from a list of cuisines and dishes that contain ingredients selected by Watson. ibm watson cooking

IBM premiered Watson's cooking skills with a food truck at SXSW back in March. Chefs from ICE prepared dishes, like Portuguese lobster rolls and Peruvian potato poutine, that contained Watson-generated ingredient combinations and were chosen by tweeted votes from the public. 

The cognitive cooking team then sent some lucky journalists the Bengali Butternut BBQ Sauce, a golden, syrupy sauce created by Watson and the ICE chefs. It's a versatile sauce that can be enjoyed hot or cold, but the chefs recommend serving it on pork ribs or grilled chicken. 

ibm bbq sauce

We tried it as a dipping sauce with chicken tenders and were surprised by how delicious it really was. It has a tangy, spicy flavor that's most likely a result of the white wine and vinegar used. Interestingly enough, the recipe generated by Watson's software uses only natural ingredients, and the sauce lacks that overpowering smoky taste that more traditional BBQ sauces have. 

Pinel says that the BBQ sauce is just the beginning of what's in store from IBM's cognitive cooking team. 

"This is just a teaser to give people a taste of cognitive computing," he said. "I don’t think that IBM is going to start selling BBQ sauce, but this is an active project, and there’s development happening."

Those developments could be really useful for chefs in the future. 

"We can see, for example, what further compounds are shared by what ingredients, which is an insight chefs don’t have from their own ingredients. You know, they didn’t necessarily take a chemistry class before they started cooking, so that's a new insight for them that they really like," Pinel said. "A future insight could be what those flavor compounds smell like, so we could predict the smell of the whole dish."

IBM only made a few batches of the BBQ sauce, but they posted the complete recipe on their blog. If you want to try whipping up a batch of the BBQ sauce, here's the recipe: 

Bengali Butternut BBQ Sauce
Approximate Yield: 550g

300g butternut squash, diced

200g white wine

100g rice vinegar

50g butter, unsalted

5g ta! marind c oncentrate

40g water

10g chili paste (Sriracha)

4g soy sauce

50g dates, pitted and chopped

2g Thai chili

3g mustard seed

3g turmeric, fresh, thinly sliced

0.4g cardamom, ground

5g coriander leaves

2g Meyer lemon zest, grated

5g salt, to taste

10g Meyer lemon juice

6g molasses

1. Gently sweat the squash in the butter over medium low heat until softened, approximately 5-10 minutes.

2. Add the vinegar, tamarind, water, wine, chili paste, and soy; bring to a simmer and reduce heat to low. Add the dates, chili, mustard seed, turmeric, and cardamom. Continue to simmer and reduce to roughly 250g, for about 20 minutes.

3. Remove from heat; add the coriander leaves and lemon zest. Blend to a very smooth consistency and cool.

4. Season the mixture with salt, lemon juice, and molasses. Chill. 

SEE ALSO: This Stylish Wearable Tech Solves An Annoying Problem For Women

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CHART: How Far Soccer Players Run During A World Cup Match

Source: http://www.businessinsider.com/chart-soccer-players-run-miles-2014-6

One aspect of soccer that separates it from many other sports is the unique combination of speed and endurance that is required and no position must run farther during a match than midfielders. These players are often asked to cover the entire length of the field which can be up to 130 yards long.

During the United States National Team's opening match against Ghana, midfielder Michael Bradley led the team with 7.9 miles covered during the match. The match lasted 100 minutes and one second, which means Bradley averaged 4.75 mph for more than an hour and a half, with only one real break (cont. below).

Soccer Distance

This chart also shows that even goalkeepers must travel long distances with Tim Howard traveling just under three miles during the match.

We also get a sense of the impact fresh legs can have on a match.

Alejandro Bedoya, who was replaced by Graham Zusi mid-match, combined with Zusi to travel 7.8 miles, topped only by Bradley.

Similarly, Jozy Altidore and Aron Johannsson combined to run 7.1 miles, a half-mile more than the team's other forward, Clint Dempsey.

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Amazon Fire Phone Will Cost $199.99 On Contract, Available Starting July 25

Source: http://www.businessinsider.com/where-and-when-to-buy-amazon-fire-phone-2014-6

Fire Phone

Amazon's new Fire Phone will be available to consumers starting on July 25.

The phone is exclusive to AT&T, and will cost $199.99 for the 32 GB version and $299.99 for the 64 GB model, with a two year contract.

For those who want to buy the phone off-contract, the Fire Phone is available for $649 for the 32 GB model and $749 for the 64 GB model.

You can pre-order the phone now.

SEE ALSO: All the most important features in Amazon's Fire Phone

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Google's adding the ability to make a Hangouts call directly to phone numbers that show up in your s

Source: http://gizmodo.com/googles-adding-the-ability-to-make-a-hangouts-call-dire-1592483665

Google's adding the ability to make a Hangouts call directly to phone numbers that show up in your search results. Click on the number, and Google will connect you. Neat.

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Sharp's Free-Form Display Make Bezels Super-Thin, Screens Any Shape

Source: http://gizmodo.com/sharps-free-form-display-make-bezels-super-thin-screen-1592497236

Sharp's Free-Form Display Make Bezels Super-Thin, Screens Any Shape

Rectangular screens are so square. Which is presumably why Sharp has announced a new technology called Free-Form Display—that could allow screens to come in any space, and reduce bezel size to almost zero.

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Article: Google donates $100,000 to help kids build their own games consoles

Google's education arm has donated $100,000 towards a joint project between Code Club and Technology Will Save Us which allows children to build and programme their own games console for just £60, thereby teaching them early essential skills for a potential lifetime in technology. Announced today...

http://thenextweb.com/google/2014/06/18/google-donates-100000-help-kids-build-games-consoles/

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Article: Hacker hijacks storage devices to mine £365,000 in Dogecoin

Dogecoin, for those who don't spend their time indulging in internet meta-memes, may seem like harmless nerdery. But for one enterprising hacker, it's created a small fortune -- at the price of annoying a lot of systems administrators. A pair of researchers at Dell's Secureworks security division...

http://www.wired.co.uk/news/archive/2014-06/18/dogecoin-hacker

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Tuesday, June 17, 2014

drag2share: SanDisk buying Fusion.io highlights importance of software-defined storage

source: http://gigaom.com/2014/06/16/sandisk-buying-fusion-io-highlights-importance-of-software-defined-storage/

Jun 16, 2014

Today's news of flash-memory giant SanDisk buying out Fusion.io in an all-cash transaction valued at $1.1 billion wasn't entirely all that unexpected. Today's flash storage market is in a state of flux with a flood of acquisitions and offerings taking place as big storage players like SanDisk and Western Digital are trying to boost their storage expertise with companies that can bring software expertise to the table.

In late May, storage provider Seagate Technology purchased Avago's flash businesses for $450 million. Last September, Western Digital swallowed server-side flash storage company Virident for $683 million, which came only three months after the hard-drive maker spent $340 million to purchase solid-state drive company sTec. EMC has even gotten into the flash storage battleground with its updated VNX hybrid storage array that it rolled out last September.

With the advent of cloud computing, companies don't want to have spend their time manually determining which data should be partitioned to RAM, flash or even a spinning disk; they want software to figure this out and automate the task.

While Fusion.io's recent management issues certainly don't offer a sense that the company was operating on steady ground, the fact that SanDisk sought it out highlights the ever-important need for software to be integrated with hardware in order to improve efficiency.

Both Western Digital and Sandisk have specialized in making physical boxes, but they haven't focussed on software, which is Cottonwood Heights, Utah-based Fusion.io's specialty.

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drag2share: Parallels' new remote desktop apps let you control your PC like a phone

source: http://www.engadget.com/2014/06/17/parallels-access-for-android-and-iphone/?utm_source=Feed_Classic_Full&utm_medium=feed&utm_campaign=Engadget&?ncid=rss_full

Parallels Access for Android

Remote desktop apps have an easier time working on tablets, where you have a lot of display area to work with, but they're frequently awkward on smartphones. Wouldn't it be nice if you could control a PC at home like it was just another phone app? Parallels is tackling that challenge head-on with smartphone-friendly versions of its Access app for both Android and the iPhone. Much like the earlier iPad release, the new titles give you a remote view of your Mac or Windows PC that's optimized for your mobile platform of choice. You can launch programs, select text and type almost as if the computer's software were built for a small screen. On the Android client (which also handles tablets), Parallels will even let you create shortcuts to jump directly into favorite desktop apps.

The wider support comes alongside a bundle of fairly hefty upgrades. It's now possible to wake up your computer in some circumstances, so you won't have to always leave it running for Access to work. You can also choose from extra screen resolutions if you need to see more of your desktop at a glance, and apps can borrow your device microphone for speech recognition or a quick voice chat. Those on iOS have the added perk of a file browser that makes it easier to track down that all-important presentation.

For some, the biggest change may be the cost of entry. Parallels has cut its personal subscription price from $80 to $20 for one year, and $35 for two years ($30 if you sign up by the end of June). That's obviously a much better value, particularly if you only occasionally need to reach your PC. There's also a new business tier that lets companies hook up five people for $50 per year. All the new apps are free to try for a couple of weeks, so it won't hurt to give them a shakedown. Who knows -- they might save your bacon the next time you leave your laptop at home.

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Monday, June 16, 2014

Genetically-Modified Orange Bananas Are Ready for Human Testing

Source: http://gizmodo.com/genetically-modified-orange-bananas-are-ready-for-human-1591535115

Genetically-Modified Orange Bananas Are Ready for Human Testing

It's been nearly a decade in development, but a genetically modified breed of bananas that's designed to combat starvation will soon enter human testing. The bananas are rich in beta-carotene which turns into vitamin A in the body. For the children in Africa suffering from vitamin A deficiencies, this is a godsend. Also these banana are orange.

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There's Been A Ton Of M&A Activity In 2014

Source: http://www.businessinsider.com/merger-mania-june-2014-2014-6

There have been a lot of mergers this year.

The first quarter of 2014 was the busiest first quarter for U.S. M&A activity since the first quarter of 2007, according to MergerMarket

Q1 merger activity

The first quarter also saw the largest aggregate deal value since 2007 and the largest average deal size since 2009.

MergerMarket deal size Q1

And in the second quarter, there have been three U.S. merger proposals worth at least $40 billion.

On April 22, Valeant made its first offer for Allergan, which was worth about $46 billion, and has twice increased its offer for the Botox-maker. Valeant's deal raises a number of issues for the pharmaceutical industry, which we discussed at length last week.

On May 18, AT&T reached an agreement to acquire DirecTV for $95 per share. The offer represented a total transaction value of $67.1 billion. 

And just yesterday, medical device-maker Medtronic agreed to acquire Covidien in a deal worth $42.9 billion that also involves a controversial "tax inversion" plan.

The Medtronic-Covidien mega merger also comes amid at least three deal announcements this mor! ning worth more than $1 billion.

And today's deals also follow last Friday's announcement that Priceline would buy OpenTable for $2.6 billion.

Recent reports have also said that Sprint is getting close to buying T-Mobile for more than $30 billion. 

And let's not forget about Comcast's $45 billion deal to buy Time Warner announced in February, which proposed to create the nation's largest cable company, which customers probably won't be crazy about. And neither are some U.S. lawmakers.

This chart from FactSet shows the number of deals and the aggregate deal value over the last 15 months.

As you can see in this chart from FactSet, volume and value have both been elevated in 2014 compared to last year.

FactSetMergerActivity

But it's the mega deals that really get people's attention.

In today's Wall Street Journal, two separate articles discuss the possibility of further consolidation in the cable and media space.

Miriam Gottfried's Heard on the Street column said it could be the right time for CBS and Viacom, which split in 2006, to get back together.

Meanwhile Amol Sharma and Keach Hagey report t! hat smal ler TV channel owners like AMC Networks and Scripps Networks could benefit from being acquired by a larger company.

But this increase in deal activity does not come as a complete surprise.

Reports from financial advisory firms American Appraisal and KPMG said that M&A activity in 2014 was expected to be strong. 

American Appraisal said it expected consolidation across industries to increase deal volumes in 2014.

KPMG said 63% of the more than 1,000 M&A professionals surveyed expected their company or their clients to initiate at least one acquisition in 2014.

With the stock market near record highs, companies are also using their stock prices to finance deals, a la Facebook's $19 billion acquisition of WhatsApp, which was comprised of 75% stock  and 25% cash. 

Interest rates and overall market volatility also remain low, making it easy for companies to borrow money to finance large acquisitions.

Don't be surprised to see even more merger activity this year.

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Satellites Are Now Cleared to Take Photos at Mailbox-Level Detail

Source: http://gizmodo.com/satellites-are-now-cleared-to-take-photos-at-mailbox-le-1591396293

Satellites Are Now Cleared to Take Photos at Mailbox-Level Detail

The Department of Commerce just lifted a ban on satellite images that showed features smaller than 20 inches. The nation's largest satellite imaging firm, Digital Globe, asked the government to lift the restrictions and can now sell images showing details as small as a foot. A few inches may seem slight, but this is actually a big deal.

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drag2share: BitTorrent distributes more than 100 million legal and promotional downloads

source: http://gigaom.com/2014/06/16/bittorrent-distributes-more-than-100-million-legal-and-promotional-downloads/

Jun 16, 2014

Think all BitTorrent downloads are illegal? Think again: BitTorrent Inc. announced Monday that it has distributed more than 100 million copies of its BitTorrent content bundles ever since the introduction of the promotional format a little over a year ago. Bundles are essentially officially sanctioned torrents which tend to come with a call to action – users have to provide their email address to get access to some of the content. Some of BitTorrent's most notable content partners included De La Soul, Moby and Tim Ferriss.

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