Archive for April, 2011

Zynga acquires GodFinger developer Wonderland Software

April 28th, 2011

Zynga is continuing its push into the mobile space, this time by acquiring UK based iOS game developer Wonderland Software. The studio, which is arguably best known for GodFinger on the iPhone, is being rebranded Zynga Mobile UK.

In addition to the studio, Zynga is also acquiring certain, undisclosed IP, not including GodFinger, which likely still belongs to the game’s publisher, ngmoco.
“Wonderland is composed of an amazingly talented, creative team, known for developing deeply engaging and innovative games,” Zynga Mobile VP David Ko said. “This is a team that has developed novel game technology to tell engrossing stories and I’m incredibly excited to have Wonderland join Zynga as we build a presence in the UK.”

Wonderland was founded just two years ago by developers from several prominent UK game studios, including Lionhead, Codemasters, and Bullfrog. Studio co-founder and CEO Matthew Wiggins has been given the new position of General Manager of Zynga Mobile UK.

Source:http://www.gamezebo.com/news/2011/04/27/zynga-acquires-godfinger-developer-wonderland-software

Advent Software Rises On Unusually High Volume (ADVS)

April 28th, 2011

Advent Software (Nasdaq:ADVS) is trading at unusually high volume Wednesday with 697,558 shares changing hands. It is currently at 4.4 times its average daily volume and trading up 60 cents (+2.1%) at $28.50 as of 3:43 p.m. ET.

Advent Software has a market cap of $1.4 billion and is part of the technology sector and computer software & services industry. Shares are down 3.7% year to date as of the close of trading on Tuesday.

Advent Software, Inc. provides software and services that automate work flows and data across investment management organizations, as well as the information flows between an investment management organization and external parties. The company has a P/E ratio of 61.3, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 16.7.

TheStreet Ratings rates Advent Software as a buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Advent Software Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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Source:http://www.thestreet.com/story/11096693/1/advent-software-rises-on-unusually-high-volume-advs.html

MIT software could bring ‘DNA origami’ to the masses

April 28th, 2011

DNA molecules are not merely carriers of information. They are also highly stable and programmable, which is why researchers have been working so feverishly on a design strategy called DNA origami.

And now a team at MIT is developing a program that makes the game playable by more than just a select few.

DNA origami–constructing specific 2D and 3D shapes out of DNA strands–could prove to be a highly effective means of developing nanoscale tools, such as synthetic photocells that perform artificial photosynthesis and highly targeted drugs (think of sending a cancer drug to hunt down a specific tumor).

But it’s still young. Paul Rothemund of CalTech first introduced DNA origami in 2006 (thereby making the cover of Nature and delivering a TED Talk showing tiny DNA smiley faces), and William Shih’s lab at Harvard Medical School was able to up the game from 2D to 3D a few years later.

The result is that today a small number of brilliant and highly specialized minds are bent over a nanoscale game of origami, playing with various sequences to try to build specific shapes for specific tasks. Imagine a room of highly sophisticated gamers playing with building blocks in a world without Tetris; if they had the game, they’d be able to work faster.

This is where the team at MIT, led by biological engineer Mark Bathe, comes in. They’ve developed software that makes it far easier, with a given DNA template, to predict the three-dimensional shape that will result.

“They’re sort of building blocks, but it’s even more crude because DNA is just a sequence,” Bathe says. “It’s taking the places you would connect the DNA together and predicting with a computer what it would look like in the final shape. The goal is to really have this be in the inverse, so the designer wants to make a box or a basket or a gear and then the program tries different folding combinations to give you the shape you want.”

DNA comprises a string of four nucleotide bases called A, T, G, and C, with A binding only with T and G only with C. Rothemund found that he was able to get a long strand of DNA to fold using a viral genome that consisted of 8,000 of these nucleotides to create 2D stars, triangles, and yes, those smiley faces. That one strand served as a scaffold for the rest of the structure, with literally hundreds of shorter strands (only 20 to 40 bases in length) combining with the long strand to hold its desired shape.

Bathe says his software presented a mathematical and computation challenge, but that because DNA is governed by physics in terms of how it bends and twists and folds, DNA origami is very clean and obedient. Proteins, he says, are much messier, making protein-folding far more complex, which is why the game Foldit exists. (Researchers opened the process up to the masses in the hopes that a greater volume of people working on the problem might speed up progress.)

Bathe and his team, who haven’t resorted to a game just yet, provide a primer of their software in the Feb. 25 issue of Nature Methods, and they’re already working on making the program more automated and “unsupervised,” because at this point it’s still largely manual.

“Designers still have to guess the rules and then based on the shape modify the rules to get closer to the shape,” Bathe says. “It’s the Holy Grail to say, ‘I want this,’ and then it happens. We’ve made quite some progress already, so I think in the next half year to a year that should be coming out.”

Ever the optimist, Bathe was quoted in the MIT news release saying, “Once nonspecialists can design arbitrary 3D nanostructures using DNA origami, their imaginations can run free.” Ever the realist, I had to ask whether such an achievement might also be risky in the wrong hands. For Bathe, this is the conundrum we face in light of most advancements; the potential for progress, he hopes, far outweighs the risks.

Source:http://news.cnet.com/8301-27083_3-20057983-247.html

Apple To Fix Tracking Issue With Software

April 28th, 2011

Apple (AAPL) denied Wednesday that iPhones store a record of their users’ movements for up to a year and blamed privacy concerns partly on a misunderstanding.

A data file publicized by security researchers last week doesn’t store users’ locations, but a list of Wi-Fi hot spots and cell towers in their general area, the company said. It promised software fixes to address concerns over that file.

The data, downloaded from Apple, help the phone figure out its location without having to listen for faint signals from GPS satellites. So navigation apps can present the phone’s location faster and more accurately, Apple said.

Apple said the data are stored for up to a year because of a software error. It said seven days is fine, and that a software update in the next few weeks will limit the amount of data in that file.

“Users are confused, partly because creators of this new technology have not provided enough education about these issues to date,” Apple said in its statement.

Wednesday’s statement was Apple’s first comprehensive response to the issue.

Sen. Al Franken, D-Minn., chairman of the Senate Judiciary subcommittee on privacy, technology and the law, said he still has questions about why Apple didn’t tell users what it was doing.

“This has raised larger questions of how the locations of mobile devices are tracked and shared.

Source:http://www.investors.com/NewsAndAnalysis/Article/570334/201104271759/Apple-To-Fix-Tracking-Issue-With-Software.htm

Technology M&As may cost speculators more than $1 bn

April 28th, 2011

Lawson Software’s agreement to sell itself for about $1.9 billion wiped out $175 million for investors who had speculated a higher offer was on the way.

Lawson, which counts billionaire Carl Icahn as one of its biggest shareholders, agreed to be acquired by Golden Gate Capital and Infor for $11.25 a share on Tuesday, 10% below the nine-year high reached this month after the parties had disclosed they were in talks, according to data compiled by Bloomberg.

While Lawson said it searched for better offers and found none, bets on a superior bid had left the stock trading at $12.13 the day before the deal was announced. With companies from Tenet Healthcare to Cephalon and NYSE Euronext trading a combined $947 million above their takeover prices after the pace of worldwide deals climbed 22% this year, some speculators projecting sweetened bids may be disappointed.

Equinox Minerals already lost C$229 million ($241 million) in value after investors incorrectly bet that China’s Minmetals Resources would counter Barrick Gold Corp’s $7.6 billion takeover. “It’s a dangerous game,” said Peter Lobravico, New Yorkbased vice president of merger arbitrage trading and sales at Wall Street Access.

“You’re not always going to get another bidder to step in. It is healthy for the arb community to have some reminder that there is risk in risk arbitrage.” Terry Blake, a spokesman for St. Paul, Minnesota-based Lawson, declined to comment.

Private-equity firm Golden Gate and Alpharetta, Georgiabased Infor, which makes software used by manufacturers and distributors, are paying almost $1.9 billion, excluding net cash, to acquire Lawson’s healthcare software, data compiled by Bloomberg show. Lawson’s stock was driven higher in the last month by speculation Oracle may be interested in a takeover after Lawson disclosed March 11 that it was in talks with San Francisco-based Golden Gate and Infor about an unsolicited $11.25-a-share proposal.

Oracle not bidding may signal the second-largest seller of business applications software is exploring a bigger deal, said Richard Williams, an analyst at Cross Research.

Source:http://economictimes.indiatimes.com/news/international-business/technology-mas-may-cost-speculators-more-than-1-bn/articleshow/8104572.cms

New software to provide forms on-line

April 28th, 2011

With the district administration offering on-line services, residents will soon be able to download and submit application forms for obtaining nationality, domicile, income, birth and death, and solvency certificates.

A trial run of the software and other applications will begin in 13 talukas in the district on Thursday.

District collector Vikas Deshmukh said, “In the first phase, the trial run will be initiated in Haveli and Mulshi talukas. The facility will be extended to the remaining 11 talukas
at a later stage.”

“Citizens will be able to download application forms for as many as nine certificates. After installation of an advanced software, citizens will be able to submit the necessary documents in an on-line format as well,” Deshmukh said.

Nearly 50 citizen service centres or Maha e-seva kendras are being set up in the city. Once the forms are downloaded, citizens will have to produce the required documents at the time of submitting the forms. Deshmukh said the entire project is being initiated in association with a private company appointed by the government to provide all the technical assistance. It will take some time for the system to become functional fully. Meanwhile, the collector on Wednesday, visited various departments at the collectorate. “The layout of the offices should be visitor-friendly. I have suggested some changes in the existing layouts.”

Source:http://timesofindia.indiatimes.com/city/pune/New-software-to-provide-forms-on-line/articleshow/8104708.cms

EMS arriving faster with new dispatch software

April 28th, 2011

Bay County EMS director Corky Young was on his way to work a few days ago when his in-vehicle laptop alerted him to a 911 medical call three blocks from his location. He veered off his path and was standing at the caller’s door before dispatch had finished taking the person’s information.

Such prompt service would have been impossible a mere two weeks ago. Computer-aided dispatch software created by the Bay County Sheriff’s Office and recently adopted by other emergency responders is decreasing crisis response times, saving taxpayers’ money and increasing communication among departments.

In the two weeks since EMS has been on the system, Young said average response times have decreased by 10 to 15 percent — shortening the time it takes for a call to be dispatched to the first unit arriving on scene by an average of 50 seconds in Panama City and 60 seconds or more in the county.

“In a life threatening situation, every second counts,” he said. “My 33 years of experience have shown me the faster someone gets on the scene and the better we can all get along the more lives we’re going to save.”

Moving to the CAD system created by BCSO’s Capt. Joel Heape and technical support assistant Jack Hughes also saved a lot of money. A year ago, EMS knew it would need to update the hardware and software of the dispatch system.

To bring everything up-to-date was going to cost $150,000 to $200,000, with $30,000 annually to maintain, Young said. The BCSO system was provided to EMS, with customization to make the law enforcement system medically friendly, without charge.

The software was compatible with existing computers and though some upgrades were purchased — including GPS trackers for the response vehicles — the price tag was less than 10 percent of the cost of a total upgrade and was fully funded through a grant.

The CAD system used by BCSO for more than a decade is custom-made for the department, Maj. Tommy Ford said. It has been updated and expanded continuously through the years, and if it were sold now it would be worth hundreds of thousands of dollars.

For years the technology has offered a significant cost savings to BCSO and the convenience of having 24/7 technical support. But rather than hording the technology for themselves, Sheriff Frank McKeithen and Heape have given the software to other agencies including Jackson County and the Marianna Police Department.

Until recently it wasn’t practical for other Bay County agencies to adopt the Sheriff’s Office CAD system — Bay County Fire Services, animal control and EMS all had their own protocol for dispatch, the software was not immediately compatible for their uses and not all departments had the necessary technology.

But after dispatch services were consolidated at the new Emergency Operations Center, as software expired and departments upgraded, the sheriff’s CAD has been phased in.

Fire Services went onto the system in early 2010 when it was due for an upgrade, said Joby Smith, Bay County communications division manager. Upgrading the system was going to cost $63,000 and an additional $12,000 to $13,000 annually for maintenance.

The most significant advantage to BCSO’s CAD is increased speed and efficiency, Smith said. All 911 calls, except those made from a land line in Panama City, are routed through the Sheriff’s Office dispatch; in the past, operators there would collect information and get law enforcement en route before transferring the person to EMS or fire services, where another operator would take all the same information and then dispatch their units.

It was redundant and slow, BCSO communications director Rob Fortner said. Under the new system, 911 dispatchers gather information once and with the click of a button send it to every department that needs to respond. They can then transfer the call to the proper place for other dispatchers to gather additional information, but units are already en route.

For certain priority calls, manual dispatch isn’t even required: As soon as the information is in the computer, the system automatically dispatches all the needed units.

Information is also updated on the in-vehicle computers in real time as dispatchers type it in. Previously the dispatcher would have to take the information, type it into the computer then relay it over the radio, Ford said. This allows information to get out faster, provides responders with more complete information and increases accountability.

“We can come back the next day or five years later and see what information was related to that officer,” Ford said.

Calls are coded by department, zone and progress in the vehicle computers, so any user can see what every department is doing at a given time, which Ford said increases situational awareness for everyone. For instance, if a deputy is on the scene of a crash, he can tell if EMS has been dispatched, where they are and when they are expected to arrive, with the touch of a button.

Units can respond in advance of even being dispatched if they think they might be needed, Smith said, or can call an already responding unit and offer assistance.

“No one is going blind into anything,” BCSO dispatch supervisor Drake Adams said.

Source:http://www.waltonsun.com/news/new-93114-newsherald-software-arriving.html

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