Stumbling Toward Enlightenment

Gatherings from the Internet

09/09/2009
by barenose
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Overspending on Debit Cards Is a Boon for Banks

Officials at the Federal Reserve dispute that they have not taken sufficient action on overdraft fees, noting that they imposed tougher disclosure requirements in 2004 and are now considering additional regulations to address abusive practices. They will disclose their intent before the end of the year. What no one disputes is that the stakes in the coming battle on overdraft fees are enormous. Ms. Maloney said she did not push her overdraft legislation this spring because the uproar from the banking industry could have jeopardized the credit card bill. Continue reading

08/09/2009
by barenose
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Panels of Light Fascinate Designers

Universal Display, a company started 15 years ago that develops and licenses OLED technologies, has received about $10 million in government grants over the last five years for OLED development, said Joel Chaddock, a technical project manager for solid state lighting in the Energy Department. Armstrong World Industries and the Energy Department collaborated with Universal Display to develop thin ceiling tiles that are cool to the touch while producing pleasing white light that can be dimmed like standard incandescent bulbs. With a recently awarded $1.65 million government contract, Universal is now creating sheetlike undercabinet lights. Continue reading

02/09/2009
by barenose
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DRIVEN TO DISTRACTION: Doubts About Scare Tactics on Drivers Who Text

“What we have found again and again in different areas of highway safety is that education alone may have a short-term effect, but in the long run, people need to believe there are going to be legal consequences attached to their behavior,” Ms. McCartt of the insurance institute said, citing seat belt and drunken-driving programs. “What really gets people to change their behaviors is strong laws, strongly enforced.” Continue reading

02/09/2009
by barenose
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After the Transistor, a Leap Into the Microcosm

For more than half a century, transistors have gotten smaller and cheaper, following something called Moore’s Law, which states that circuit density doubles roughly every two years. This was predicted by the computer scientist Douglas Engelbart in 1959, and then described by Gordon Moore, the co-founder of Intel, in a now-legendary 1965 article in Electronics, the source of Moore’s Law.
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