| Droid X Getting Froyo This Wednesday A PDF posted over on Verizon's support website has revealed that Android 2.2 is coming to the Droid X this Wednesday. Android - Verizon - DroidX - Android 2.2 - Motorola feeds.pcworld.com |
Michael Steinhardt's Variant Perception on Widepoint The Inflection Point submits: We have been monitoring the Widepoint (WYY) story since it was brought to our attention that Michael Steinhardt, one of the best hedge fund managers ever to trade, filed a 5% 13-D ownership statement with the S.E.C. in late May. Here is a link to the filing. At the time, we wondered why such a highly distinguished investor would invest $3 million in a company with a seemingly low margin business which offered mobility services for different government agencies. Well, after extensive research looking into the story over the past two weeks, we have now discovered why Mr. Steinhardt took a stake in this unknown company. For those who do not know of Mr. Steinhardt, his long-term track record ranks among the very best of all the hedge fund managers to have ever run a fund. During his time managing his fund, he averaged an annualized return of 24.5%, after deducting for his 1% management fee and a performance fee of 15%. Not bad, huh? Mr. Steinhardt was famous for his in-depth research and for often being first to take a position in previously unknown investment ideas. By developing what he called “a variant perception” (otherwise known as a contrarian, differentiated view that had yet to be picked up by the market), Mr. Steinhardt often moved into positions well ahead of other institutional investors. Using this differentiated approach helped to play a big role in his outsized returns over the years. Complete Story » seekingalpha.com |
Cell Processor Development Hasn't Stalled, IBM CTO Says IBM's CTO has said Cell's development hasn't stalled, and that it will continue to develop next-generation processors for gaming consoles. feeds.pcworld.com |
Amazon to Allow Book Lending on the Kindle Amazon will allow Kindle users to lend an electronic book to another user for up to 14 days. feeds.pcworld.com |
E-book Lending, Periodicals Reading in Apps Coming to Kindle Amazon has spilled the beans on two new upcoming features for the Kindle: e-book lending, and periodical reading in apps. feeds.pcworld.com |