Saturday, December 31, 2011

Daily Apps: Microsoft Lync 2010 for iPad, Particlescape, PhotoString, Ideal Me, Newser Tablet

Microsoft Lync 2010 for iPad: Extends the power of Lync to your mobile device ? including rich presence, instant messaging, audio conferencing, and calling features from a single, easy-to-use...


Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/OTzB0UVw8Mc/story01.htm

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Wynonna Judd engaged to Cactus Moser

Love never permeates the air more than it does during the holiday season. Need proof?

Here you go: E! News has confirmed that country star Wynonna Judd is engaged to her musician beau of nearly two years, Cactus (that's right) Moser.

So, how'd the engagement go down?

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Judd's rep confirmed to E! News that Moser popped the question to his longtime girlfriend on Christmas Eve. Merry holiday, indeed!

But in an effort to keep some things private, specific details about the proposal and engagement ring are, for now, being kept under wraps.

No wedding date has been set (or at least announced) for the personal and professional couple (they're currently touring together as Wynonna and the Big Noise), though it will be the third trip down the aisle for the 47-year-old singer.

She divorced hubby No. 2, J.D. Roach, in 2007, after four years of marriage and amid some damning accusations. Her first marriage, to Nashville businessman Arch Kelly III, ended in 1998. She has two children from that marriage, 17-year-old Elijah and 15-year-old Grace.

Congrats, you two!

PHOTOS: Celeb Weddings We Can't Wait For

? 2011 E! Entertainment Television, Inc. All Rights Reserved.

Source: http://today.msnbc.msn.com/id/45816192/ns/today-entertainment/

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Friday, December 30, 2011

India?s Most Valuable Firm? Hello TCS, Move Over RIL

The last stock market session of the year delivered an unexpected headline: Mukesh Ambani no longer runs India?s most valuable company.

Reliance Industries Ltd., his oil to retail conglomerate, was stripped of that title by Tata Consultancy Services, the outsourcing behemoth that is part of the Tata Group, according to data released by SMC Global Securities Ltd. Reliance?s market value reached 2.269 trillion rupees (about $42.8 billion) while TCS?s market value touched 2.272 trillion rupees in Friday trading.

Of course, come Monday, Reliance could regain the crown. But the news nonetheless may make for a slightly anticlimactic end of year for Mr. Ambani after glowing news reports this week about the possibility that he and his brother, Anil, have settled their famous differences. The two men, and their mother Kokilaben, attended a celebration in Gujarat for the 80th anniversary of the birth of their late father ? a rare show of family unity. Talk of an Ambani brothers reunion has been percolating for months and speculation has grown that they will once again team up in business. We?ll reserve judgment, for now, on the likelihood of that.

But the market?s numbers are clear. Ratan Tata, the head of India?s flagship conglomerate, is now the ultimate overseer of India?s most valuable firm. It?s perhaps ironic that Mr. Ambani hasn?t been knocked from his perch by a young upstart but by a man many years his senior. Indeed, it means that Mr. Tata will go into his final year at Tata?s helm with the imaginary trumpets blaring. And it?ll fall to TCS?s management and Mr. Tata?s chosen successor, Cyrus Mistry, to ensure that TCS stays where it is.

A TCS spokesman declined comment. An RIL spokesman couldn?t immediately be reached.

Paul Beckett is the WSJ?s bureau chief in New Delhi. Follow him on Twitter @paulwsj.

Source: http://blogs.wsj.com/indiarealtime/2011/12/30/indias-most-valuable-firm-hello-tcs-move-over-ril/?mod=WSJBlog

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Thursday, December 29, 2011

Early build of CyanogenMod's 'Trebuchet' launcher available for Android 4.0.3 devices

Android Central Android Central

One of the most anticipated features of CyanogenMod 9 -- the upcoming custom Android distribution based on Ice Cream Sandwich -- is its new home screen launcher, dubbed "Trebuchet." Much like CM itself, Trebuchet expands upon what's offered in stock Android with a host of new settings and features, like the ability to customize the number of home screens, and kill the persistent search bar if you want. Now, thanks to the release of an initial alpha build, early adopters can test out Trebuchet before it's rolled out in CM9 next year.

The catch is that to install the Trebuchet alpha you'll need a rooted Android 4.0.3 device, along with some command line skills. Currently the GSM Nexus S is the only phone that has 4.0.3 officially, though other devices like the Galaxy Nexus can run 4.0.3 code built from the Android Open Source Project.

The current Trebuchet alpha includes just over half of the planned feature set -- for example, extra functionality like infinite scrolling and transition effects have yet to be implemented. However, if you want a sneak peek at what's coming in CM9 in the months ahead, you can find out more over at the source link.

Source: XDA
Thanks to everyone who sent this in!



Source: http://feedproxy.google.com/~r/androidcentral/~3/2bT0_vavPJ0/story01.htm

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New Mexico Retail Sector 10th Best Since Recession

New Mexico Business Journal - Things may be looking up for the retail sector, but it's still a long way from a full recovery. Just six of the 50 states have more retail jobs today than they did at the end of 2006, according to an On Numbers analysis of U.S. Bureau of Labor Statistics. The Business Journals Texas retail sector leads nation in jobs and Florida was among worst states for retail job losses.? The study reflects the devastating impact of the recession that officially began in December 2007. The nation lost 753,800 retail jobs between November 2006 and November 2011, the latest month for which official figures are available. Retail sector employment in New Mexico has fared better than most states. In Nov. 2006, the state had 94,500 retail jobs and in Nov. 2011 it had 92,600, for a loss of 1,900. The decline still ranks New Mexico 10th-best in the BLS data. In addition, the drop of 2.01 percent is 9th-best among the 50 states and the District of Columbia. Read full story here: News New Mexico

Source: http://newsnewmexico.blogspot.com/2011/12/new-mexico-retail-sector-10th-best.html

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Wednesday, December 28, 2011

Company to close at least 100 Sears, Kmart stores

Pedestrians pass a Kmart location Tuesday, Dec. 27, 2011, in New York. Sears Holdings Corporation, the parent company of Sears and Kmart department stores, announced Tuesday morning that it will close 100 to 120 stores after a sluggish holiday season.(AP Photo/Frank Franklin II)

Pedestrians pass a Kmart location Tuesday, Dec. 27, 2011, in New York. Sears Holdings Corporation, the parent company of Sears and Kmart department stores, announced Tuesday morning that it will close 100 to 120 stores after a sluggish holiday season.(AP Photo/Frank Franklin II)

Shoppers leave a Kmart location Tuesday, Dec. 27, 2011, in New York. Sears Holdings Corporation, the parent company of Sears and Kmart department stores, announced Tuesday morning that it will close 100 to 120 stores after a sluggish holiday season.(AP Photo/Frank Franklin II)

Graphic shows Sears Holding???s total revenues, net income and number of stores over five years

(AP) ? After a disastrous holiday shopping season, the parent company of Sears and Kmart will close at least 100 stores to raise cash ? a move that sparked speculation about whether the 125-year-old retailer can avoid a death spiral fed by declining sales and deteriorating stores.

Sears Holdings Corp., a pillar of American retailing that famously began with a mail-order catalog in the 1880s, declared Tuesday that it would no longer prop up "marginally performing" locations. The company pledged to refocus its efforts on stores that make money.

Sears' stock quickly plunged, dropping 27 percent.

The closings are the latest and most visible move by Eddie Lampert, the hands-on chairman who has struggled to reverse the company's fortunes.

As rivals Wal-Mart and Target Corp. spruced up stores in recent years, Sears Holdings confronted falling sales and perceptions of dowdy merchandise.

Some analysts wondered if it was already too late, questioning whether the retailer can afford to upgrade stores as it burns through its cash reserves.

The sales weakness "begins and some would argue ends with Sears' reluctance to invest in stores and service," Credit Suisse analyst Gary Balter wrote in a note to clients.

"There's no reason to go to Sears," added New York-based independent retail analyst Brian Sozzi. "It offers a depressing shopping experience and uncompetitive prices."

Spokesman Chris Brathwaite said no one had determined which stores would close or how many jobs might be cut. He disputed doubts about the company's survival, noting it still has $2.9 billion available under its credit lines.

"While our operating performance has not met our expectations, we have significant assets," including inventory, real estate and valuable proprietary brands such as Kenmore and Craftsman, Brathwaite said.

Sears and Kmart were both retail pioneers. Sears' catalog and department stores were fixtures of American life stretching back to the 19th century before being hurt in recent years by competition from steep discounters and by missteps that included forays into financial services and the decision to sell off a lucrative credit card business.

Kmart helped create the discount-store format that Wal-Mart Stores Inc. came to dominate.

Some customers complained that they have a hard time connecting with the Kmart and Sears of today.

Preschool teacher Sara Kriz, picking up hair conditioner at a Kmart on Tuesday in Manhattan, said she used to shop at Kmart often but now goes there only once every few months: "Only when I have to," she said.

"It seems easier to go to Target and Wal-Mart to get the same thing at the same price," Kriz added. "The stores are cleaner, and they're better stocked."

Sears Holdings has watched its cash and short-term investments plummet by nearly half since Jan. 31, from about $1.3 billion to about $700 million.

The projected closings represent only about 3 percent of Sears Holdings' U.S. stores. And the company has actually added stores since the Sears-Kmart merger in 2005. It has about 3,560 stores in the U.S., up from 3,500 right after the merger, thanks to the addition of more small stores.

But the company hinted that more closings could be on the horizon as it focuses on honing the better-performing stores.

The closings announced Tuesday were expected to generate $140 million to $170 million in cash as the company sells those stores' inventory. Selling or subleasing the properties could generate more money.

In addition to the closings, the company announced that revenue at stores open at least a year fell 5.2 percent for the eight weeks ended Dec. 25, a crucial time because of the holiday shopping season.

Kmart's layaway program, meant to help cash-strapped customers buy presents by paying for them a little at a time, faltered as Wal-Mart brought back layaway for the holiday season after getting rid of the program in 2006. Sears stores reported softer sales of home appliances, usually a strength.

The company predicted that fourth-quarter adjusted earnings will be less than half the $933 million reported for the same quarter last year. It also expects a non-cash charge of $1.6 billion to $1.8 billion in the quarter to write off the value of carried-over tax deductions it now doesn't expect to be profitable enough to use.

Part of Sears Holdings' problem is the weak economy that is hurting virtually all retailers that cater to low- and middle-income shoppers, who are being forced to cut back on spending.

But both Lampert and Lou D'Ambrosio, who was named CEO in February, have said the company needs to keep up with the changing retail landscape, where shoppers are going online for convenience and finding better prices on their smartphones even once they're in the store.

Andrew Jassin, co-founder at retail management consultancy Jassin Consulting Group, said his fashion supplier clients that sell to Sears aren't limiting orders, but they're watching to see what steps the company will take next.

"People are generally questioning the survivability long-term," Jassin said.

Hedge fund manager Lampert engineered the combination of Sears and Kmart in 2005, about two years after he helped bring Kmart out of bankruptcy. Skeptics criticized the combination as the marriage of two weak companies that would only hurt each other.

But both stores were once giants.

Sears, which started with a lone Minnesota watch seller in 1886, helped define the mail-order catalog industry, selling shoes, clothes, guns and even ready-to-assemble homes to farmers across the country.

Kmart, which started as a five-and-dime in Detroit in 1899, once commanded a retail empire that included Waldenbooks, Borders, OfficeMax and Sports Authority before spinning them off. A long sales decline and an ill-advised price war against Wal-Mart led to its 2003 bankruptcy filing, which let Lampert gain control of the company.

Analysts and investors were initially enthused by speculation that Lampert was combining the companies to unlock the value of their real estate. But years passed without a big move to do that ? and commercial real estate values took a painful hit in the Great Recession.

Lynn Crosbie, shopping at a Sears store in Portland, Ore., said she wasn't surprised by news of the closings.

Crosbie said she goes to Kmart for stocking stuffers and was disappointed this year by messy, understaffed stores.

"The quality has gone downhill," she said, looking around the nearly empty store. "Even the cashiers aren't as happy or friendly."

___

Associated Press Writers Anne D'Innocenzio in New York and Sarah Skidmore in Portland, Ore., contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2011-12-27-Sears-Store%20Closings/id-a91f1074450c4092a31980de0f47a585

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