Archive for November, 2009
On Monday, Sprint Nextel unveiled its first netbook offering, the Dell Inspiron Mini 10. The netbook is selling at some San Francisco Bay Area stores for $199 with activation on a Sprint Mobile Broadband plan and a two-year service agreement.
The Dell Inspiron Mini 10 features embedded EV-DO Rev. A wireless service from Sprint. The service promises faster data 
rates and higher system capacity so users can send and receive large amounts of data at broadband speeds comparable to DSL.
The netbook weighs 2.6 pounds and measures 10.3 by 7.2 inches. It’s just more than one inch thick with a 10.1-inch LED screen. The machine has an Intel Atom Processor Z520, Microsoft Windows Home XP SP3, a built-in 1.3-megapixel webcam, a 160GB hard drive, integrated Intel 500 Media Accelerator Graphics, 5-in-1 media reader, Bluetooth technology , and Wi-Fi 802.11g.
“Dell Inspiron Mini 10 is a fun way to easily access the speeds of Sprint’s network to catch-up on e-mail, surf the Web, and more,” said Kevin Packingham, senior vice president of product development at Sprint. “It offers an affordable way to stay in touch and stay connected.”
Read the rest of my story on CIOToday.
November 3rd, 2009
Commercial loans are defaulting at record-high rates, and many industry insiders believe the pace will only worsen, both in South Florida and nationwide. As revenues drop amid a severe recession, savvy commercial property owners in the region are working with banks — some more than others — to avoid default now before market conditions worsen.
According to a recent report from Real Estate Econometrics, the default rate of commercial real estate bank loans has reached its highest level in 15 years. And momentum is moving toward worsening default rates, which more than doubled nationally in the second quarter, up to 2.88 percent from 1.18 percent year-over-year, the report shows. And the company expects the default rate to rise to 4.1 percent by the end of the year, and to 5.2 percent by the end of 2010.
Rising vacancy rates, falling rents and increased operating expenses are contributing to the default surge. But the inability to refinance, sell or meet balloon payments also plays a part. Legal experts suggest commercial property owners looking to avoid default should get honest and aggressive about trying to find a middle ground.
Read the rest of my story on The Real Deal.
November 2nd, 2009
On Thursday, Facebook won a victory for social-networking users everywhere. The U.S. District Court in San Jose, Calif., awarded Facebook $711 million in damages against Sanford Wallace, aka the spam king.
Facebook said Wallace, Adam Arzoomanian and Scott Shaw broke the law by sending unwanted messages and wall posts to people on Facebook, violating the Computer Fraud and Abuse Act, the California Anti-Phishing Act, and the Controlling the Assault of Non-Solicited Pornography and Marketing Act (CAN-SPAM).
Read the rest of my story on NewsFactor.
November 2nd, 2009
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