Recent Technology News and Developments for 2014

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The Future of Wearable Technology for Lawyers

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Members-Only Options Webinar: Matt Amberson of Orats.com with Casey Platt: “Earnings Plays and Options Behavior”

via SMB Capital – Day Trading Blog:

SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar—the Options Tribe—during which veteran options traders and experts in the world of options trading share live presentations. Next week, Matt Amberson of Options Research and Technology Services (ORATS), joined by Casey Platt, explains how earnings plays can be identified through knowledge of the behavior of options around earnings announcements.

Options Tribe meetings are free to the public on the first Tuesday of each month. Read more [...]

For more info: Members-Only Options Webinar: Matt Amberson of Orats.com with Casey Platt: “Earnings Plays and Options Behavior”

SMB Capital – Day Trading Blog

Members-Only Options Webinar: Matt Amberson of Orats.com with Casey Platt: “Earnings Plays and Options Behavior”

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What Tech Tool Should I Use to Do That?

How do I do that? It is one of the challenges we all live with in today’s times. We need to do something with our technology, and we are aware that there are technology tools to do it. We just aren’t sure which of the many available tools is appropriate and how much training, installation and setup will be required to make it happen.So, in my February Oklahoma Bar Journal column, I decided to cover a few of these tools in What Tech Tool Should I Use to Do That? In particular, I wanted to note the changes in Google and tools that help with the need for stronger passwords. I hope this works as a sort of basic training for the lawyer who uses technology– …

via Jim Calloway’s Law Practice Tips Blog:

How do I do that? It is one of the challenges we all live with in today’s times. We need to do something with our technology, and we are aware that there are technology tools to do it. We just…

For more info: What Tech Tool Should I Use to Do That?

Jim Calloway’s Law Practice Tips Blog

What Tech Tool Should I Use to Do That?

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E*TRADE Financial Hits New 52-Week High – February 14, 2014 …

This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.Shares of E*TRADE Financial Corporation (ETFC – Analyst Report) crafted a new 52-week high, touching $21.80 in the last hour of the trading session on Feb 13. The closing price of this investment brokerage firm represents a return of 92.8% in a year’s time. The trading volume for the session was around 4.4 million shares.Despite hitting its 52-week high, this Zacks Rank #2 (Buy) stock has plenty of upside left, given its strong estimate revisions over the last 30 days.Growth DriversImpressive fourth-quarter 2014 results, including an improvement in daily average revenue trades (DARTs) and lower provisions, as well as …

via e trading – Google Blog Search:

Shares of E*TRADE Financial Corporation (ETFC) crafted a new 52-week high, touching $21.80 in the last hour of the trading session on Feb 13.

For more info: E*TRADE Financial Hits New 52-Week High – February 14, 2014 …

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E*TRADE Financial Hits New 52-Week High – February 14, 2014 …

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Growing KFC: When exploiting markets may exploit farmers

Kentucky Fried Chicken has 1,000 restaurants in Africa and more on the way. African chicken farmers and those who grow chicken feed could benefit greatly from this huge new buyer. But earlier this month, independent news magazine Mother Jones cautioned that the aid organizations connecting farmers to KFC may actually be setting them up for disaster.The problem? KFC is easily the largest U.S. fast food chain in Africa and looking to source more of its ingredients locally, but their strong hand may not be in farmers’ favor.“Why would you want to be paying the cost of … shipping products, when you can actually source it locally?” said Keith Warren, managing director of KFC Africa in How We Made It In Africa. “Most of Africa …

via Global Envision:

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Kentucky Fried Chicken has 1,000 restaurants in Africa and more on the way. African chicken farmers and those who grow chicken feed could benefit greatly from this huge new buyer. But earlier this month, independent news magazine Mother Jones cautioned that the aid organizations connecting farmers to KFC may actually be setting them up for disaster.

The problem? KFC is easily the largest U.S. fast food chain in Africa and looking to source more of its ingredients locally, but their strong hand may not be in farmers' favor.

“Why would you want to be paying the cost of … shipping products, when you can actually source it locally?” said Keith Warren, managing director of KFC Africa in How We Made It In Africa. “Most of Africa is blessed with enormous agricultural wealth, so therefore it is a matter of unlocking that and developing the technology to meet our supply demands.”

But the fast food giant reports that the lack of high-quality local ingredients, especially chicken, hinders its expansion. To sell to KFC, commercial chicken producers in Africa need high-protein feed, especially soy, for chickens’ healthy growth and development.

Previously not a popular crop in Africa, soy is now in demand.

Recognizing a potential cash crop for local farmers who could sell to the chicken producers, USAID and the Gates Foundation decided to offer training in soy production and storage. They also connected farmers to major feed processing centers, in the hope of raising farmers’ incomes. The aid organizations are spending millions on these programs. The Gates Foundation is funding an $8 million project in Mozambique and Zambia. Also in Zambia, USAID is spending $24 million to introduce several new crops, including soy.

The programs are billed as a win-win solution, and the Gates Foundation reports that the incomes of participating farmers are rising.

Over time, however, KFC may benefit far more than the farmers themselves.

To produce for a fast food chain like KFC, farmers must commit their limited resources to meeting standardized measures of quality. Soy has few other buyers in Africa, so KFC will be able to set prices and control the buying market. As seen in the U.S., demand for single, standardized crops can put smallholder farmers out of business. The push for low prices and high and consistent output can lead to the consolidation of small parcels of land into big commercial farms.

Meanwhile, although farmers may earn more, it's unlikely they'll be able to afford the fried chicken they help produce. In sub-Saharan Africa, fast food like KFC is a status symbol. It's more expensive than local fare and not an affordable option for struggling farmers.

KFC’s effort to source more of its ingredients locally is great. But it illustrates the complexity of building new markets. Building a soy industry that provides stable income for African farmers, and a stable supply chain for multinationals, is not clear-cut.

Mother Jones’ critique puts aid organizations and donors in a double-bind: an underexploited market is a great opportunity for local farmers, but harnessing it may, in turn, exploit the farmers themselves.

So is there a better role aid organizations can play?

Ideally positioned to be facilitators, aid organizations can bring market players from across the supply chain–farm to restaurant–into the same room. They can provide a platform where farmers’ interests and voices are recognized and roadblocks in the market are resolved by the players themselves. This is essential to building a strong market that will benefit all long after the aid organization leaves the conversation.

For example, instead of injecting millions of aid money into training programs, an aid organization can encourage a major buyer like KFC to make the investment in farmers’ education, since the company will ultimately benefit from it. Likewise, farmers should have the opportunity to ask how long KFC plans to buy soy and negotiate fair prices. Will KFC stop buying after four years, for example, and leave farmers out in the cold?

While KFC and the emerging African soy industry is just one case study, KFC’s leading role in Africa’s growing fast food culture makes it a role model for how the global food industry develops relationships with smallholder farmers. Getting the relationship right would make KFC a true business leader and provide long-term financial growth for thousands of farming families.

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Digital Edge Podcast – Time Management for Lwyers

Meg Spencer Dixon pulled three consecutive all-nighters before she began pursuing time management as a career. Now, she is a consultant in task management for legal professionals. In this edition of The Digital Edge – Lawyers and Technology podcast, Time Management for Lawyers, Sharon Nelson and Jim Calloway invite Dixon to discuss her top tips for legal professionals looking to master project management, how to stop procrastinating, and more(I really hate it when I forget to blog about something really great like this when it is posted. Must be a time management thing, huh?)

via Jim Calloway’s Law Practice Tips Blog:

Meg Spencer Dixon pulled three consecutive all-nighters before she began pursuing time management as a career. Now, she is a consultant in task management for legal professionals. In this edition of The Digital Edge – Lawyers and Technology podcast, Time…

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Why it is so hard for Americans to be healthy and not spend money

via Early Retirement Extreme:

The American health care system is broken. The reason is not that employer group plans makes insurance more expensive for those who don’t have an employer. No, the reason that the American health care system is broken is because Americans universally tend to believe that

1. Technology can solve all problems.


2. If you spend enough, you can get the technology needed for step 1.

This is also the reason why so many people believe that they need a lot of money just to get by. Possibly this attitude comes from the country being one of engineers and businessmen (eggheads and peddlers? ), so lets use this as a model to explain why this combination of thinking fails to solve complex problems.

Technology solves simple problems that usually involve few parts with few degrees of freedom. A pair of scissors has two parts and one degree of freedom. There is roughly one degree of freedom every time on part can move independently of another part. An operating engine has many parts, but most of them are locked together, so effectively there are less than a dozen parts and maybe a handful of degrees of freedom for the different pistons and valves. It is an exceedingly complicated machine that has more than a couple of dozen degrees of freedom on the same level. In more complicated scenarios one builds a hierarchy of solutions if possible. For instance, logical circuits are gathered together on a computer chip, circuit boards are designed with chips with little consideration of the internals of the chips and so on. Compartmentalizing knowledge like this is a great tool but also a great source of weakness (like any great tool is). If humans were sufficiently intelligent, the hierarchy could be leveled and substituted for complexity (like the human brain). The fact that we have not invented artificial intelligence speaks to the fact that we have not mastered complexity.

Complex problems involve many agents with few degrees of freedom or few agents with many degrees of freedom. Examples of the former includes economic bubbles (herd mentality) and the war in Iraq. Examples of the latter includes being healthy and making efficient consumer choices. Assuming the risk of offending 90% of my readers I would say that the American mind(*) is culturally disposed to do worse at these kinds of problems compared to other nations. Conversely other nations do worse at simple problems(**) such as technology and business.

(*) Here I am talking about predispositions (stereotypes) and not the color of one’s passport. Not all Americans act like the stereotypical American just like all Germans do not act like the stereotypical German. Yet if one observes a people over a sufficiently long time there are certain tendencies that one can identify as American, German, Japanese, French, Chinese, …

(**) Make sure to understand the difference between simple problems and complex problems. Simple problems have few parts and few choices or many parts and many choices. Complex problems have few of the one and many of the other. Simple problems can be difficult to solve. Complex problems are often impossible to solve.

I think the recent track records of the economy and the war speak for themselves so lets consider health and consumer choice which is pertinent to this blog. Being a resident alien (and having lived in a few countries) gives me somewhat of an amateurish anthropological advantage in observing the natives. I have frequently seen that whenever Americans need to fix a problem they instinctively turn to Walmart. If you can’t find your hat – go and buy a hat. If that hat is too warm, too big, too red, go buy another one. If the hat example sounds ridiculous just substitute hat for shoes. I bet you have more than 5 pairs of shoes. If you’re hungry, you go and get pizza. And so it goes. Due the innate lack of ability to improvise and find complex solutions, that is, the inability to use fewer things to solve more problems necessitates solving problems by getting many things to solve many problems. Hence the lack of complex skills needs to be compensated by spending a lot of money on a lot of stuff and a lot of service, for instance the US is the first country I’ve been to where it is normal not to do your own taxes. This invisible inability is the main barrier to financial independence for many people. The only solution they know in terms of solving their problems is accumulating a lot of money.

This attitude fares no better when it comes to health care. Many Americans believe that the most important thing they can do remain healthy is to get a good health insurance plan. People cry for affordable health insurance rather than affordable health care or affordable health (clean water, clean air, nontoxic houses, nontoxic food, ..). The belief is that once you get sick or decrepit (and it is widely believed that everybody gets to that point eventually) then you or rather the insurance company throws [their] money at the problem and doctors fix you with technology much like cars are fixed in a garage, the economy is fixed with a stimulus package, or political problems are fixed through the use of superior firepower.

Yet when it comes to health it is always the responsibility of the individual. Health care is mostly about what and how much you eat and how and how much you move. If you eat more than you move, you are unhealthy. This eventually results in all sorts of complex problems (diabetes, clogged arteries, …). If you eat wrongly, the chance of cancer increases. If you are relatively weak (if you can’t do a pull up or a 30 second handstand then you are relatively weak), there will be problems with broken bones, joints, etc. down the line. Problems like strain and overuse also arise from moving wrongly. Thus health care starts with eating and moving correctly. This is common sense but people fail to apply it. Many people are much more likely to pop a pill than to prevent getting sick in first place(*). Forsooth, eating vegetables is widely considered to be more painful than paying several hundred dollars a month in health insurance.

As we get old expensive cancer treatments, joint replacements, etc. are required because of the idea that bodies are to be repaired rather than maintained. This attitude (coupled with a litigation happy public/justice system) causes Americans to pay close to twice as much for their health as the nearest country for the same level of health. I wasn’t surprised when I saw a financial institution predict that Americans needed to save $225,000 to to pay for health care during retirement.

(*) Don’t believe me? What do you do for allergies? Stop eating the food, petting the pet, or staying indoors when the flowers are blooming? Or do you pop a pill? What do people do for bone strength? Lift weights? Or pop a pill?

Now “an ounce of prevention is worth a pound of cure”, so for early retirement/financial independence it becomes crucial to learn how to deal with and think about complex problems. Health issues must be prevented before their appear. This means exercising daily at high intensity. It means cutting back on salt, meat, and dairy products while eating more vegetables and fruits. In terms of problem solving it means learning how to improvise(*) rather than “buying” whenever there is a problem.

(*) We used a cardboard box insulated with aluminum foil to store the ashes of our wood stove and a small garden shovel to rake the [cold!] ashes out until we got a nice set of fire place tools and a metal bucket via freecycle. Similarly the puppy currently used a set of cardboard boxes (which actually hold DVD cases and various other crap) taped together with duct tape and covered with towels for traction as a ramp for the couch. That is, until we find a free or cheap ramp somewhere.

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M2M Technology Adds Value to Oil Recycling Market

via Environmental Management & Energy News:

Machine-to-machine (M2M) technology provider Camgian Microsystems has inked a deal with recycling services firm FCC Environmental and retail tire and service center chain Gateway Tire intended to bring value to the oil recycling market. Under the agreement, Camgian will deliver an enterprise M2M system that supports centrally managed tracking, forecasting, collection and accounting of used […]

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Top Losers in After-hours Today, January 7 – Stock Market Watch

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Rubicon Technology Inc. (NASDAQ:RBCN) is currently trading at $10.5 down -8.2% in after-hours on 4210 shares traded. RBCN's RSI is currently at 75.36 which indicates that the stock is overbought. RBCN is trading 19.76% …

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#PreMarket Primer: Tuesday, December 24: Twas The Day Before …

via pre market trading – Google Blog Search:

… percent while the S&P 500 finished 0.53 percent higher as the technology sector soared. Apple's deal with the world's largest wireless carrier gave the company a much needed boost in Asian markets where its smartphones are struggling to compete with competitors. … Lightspeed Trading Presents: Thunder and Tubleweeds: Trading Techniques for the New Market Enviroment · Pope Francis Rips 'Trickle-Down' Economics · Come See How the Pro's Trade in this …

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Can Lawyers Be Luddites?

Can Lawyers Be Luddites? it is sort of a trick question. If you don’t know what Luddite means, there is a far greater chance that you are one. I’ll give you more information about the origination of the term later in this post, but suffice to say that today Luddite means that you are anti-technology.There has been a lot of discussion about how well lawyers need to understand technology since the ABA House of Delegates amended Comment 8 to Model Rule of Professional Conduct 1.1 on Competence. The phrase in bold below was added to Comment 8: To maintain the requisite knowledge and skill, a lawyer should keep abreast of changes in the law and its practice, including the benefits and risks associated with relevant technology, engage in …

via Jim Calloway’s Law Practice Tips Blog:

Can Lawyers Be Luddites? it is sort of a trick question. If you don’t know what Luddite means, there is a far greater chance that you are one. I’ll give you more information about the origination of the term later…

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Can Lawyers Be Luddites?

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Newly discovered protist suggests evolutionary answers, questions

Celebrities Who Battled Mesothelioma The cancer community is all to familiar…On MyBiologica.comHealth is the level of functional or metabolic efficiency of a living being. In humans, it is the general condition of a person’s mind and body, usually meaning to be free from illness, injury or pain.Alternative medicine is any of a wide range of health care practices, products and therapies, using methods of medical diagnosis and treatments which, at least up to the end of the twentieth century, were typically not included in the degree courses of established medical schools teaching medicine. Examples include homeopathy, Ayurveda, chiropractic and acupuncture.On MyBiologica.com all you are looking for about alternative medicine and health.Coming soon section with best cheapset health insurance offers for self …

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Newly discovered protist suggests evolutionary answers, questions

From Massachusetts to Mississippi, a unicellular protist is hinting at answers about the evolution of multicellularity while raising a whole new set of questions.

via ScienceDaily: Top Science News:

These discoveries and new research questions they raise are important because they offer new insights into the science of evolution, Brown explained. “By tracking the evolutionary history of these particular organisms, we’re able to look at ancestral states of certain gene suites, and that’s the really important thing — we need a better understanding of protist diversity and protist genome evolution to understand how organisms like animals evolved,” Brown said. Share this story on Facebook, Twitter, and Google: Other social bookmarking and sharing tools: | Story Source: The above story is based on materials provided by Mississippi State University, via Newswise. Note: Materials may be edited for content and length. For further information, please contact the source cited above. Journal Reference: M. W. Brown, S. C. Sharpe, J. …

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Newly discovered protist suggests evolutionary answers, questions

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