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Archive for January 19th, 2010

Commercial real estate turnaround not imminent, experts say

The weather may be frosty, but South Florida’s commercial real estate leaders will spend this evening talking about where rays of sunshine may penetrate the gloom.

Robert Cruz, Miami-Dade County’s chief economist, said that many elements of stability need to be in place before there’s a sustainable market recovery, and that may take more of 2010 than optimists would like.

“The financial sector remains weak and many things need to happen before we will see more robust growth,” Cruz said. “But compared to where we have been, I see positive signs internationally — and that means there will be more demand for U.S. products as we move into the future. Housing and construction will be the last segment to recover.”

Read the rest of my story on The Real Deal.

Add comment January 19th, 2010

Patent Battle Between Nokia and Apple Escalates

The patent duel between Apple and Nokia is getting decidedly more aggressive in the new year. Both handset makers took swings over the past few days in a legal battle that shows no signs of simmering down before it gets hotter.

On Friday, Apple filed a complaint with the U.S. International Trade Commission (ITC), an independent federal agency that, among other things, directs actions against unfair trade practices involving patent, trademark and copyright infringement. The commission has the authority to order U.S. customs officials to block goods from entering the U.S.

In filing a complaint with the ITC, Apple is fighting fire with fire. In late December, Nokia filed a similar ITC complaint against the iPhone maker for allegedly infringing on its patents in virtually all of Apple’s mobile phones, music players, and computers. Apple’s tit-for-tat move suggests it has no intention of backing down without a fight.

Read the rest of my story on NewsFactor.

Add comment January 19th, 2010

Internet Explorer Warning Hurts Microsoft in Europ

Just as Microsoft finally settled its browser issues with the European Commission, the software maker is standing by helplessly as European countries warn consumers not to use Internet Explorer because of a critical vulnerability. Microsoft has issued a workaround.

The warning comes after Google traced cyberattacks against U.S. companies to a remote code execution (RCE) vulnerability in IE. Microsoft investigated and determined that IE was one of the vectors used in targeted and sophisticated attacks against Google and possibly other corporate networks.

Read the rest of this story on NewsFactor.

Add comment January 19th, 2010