Apple says China iPhone 5 sales in first weekend top two million






(Reuters) – Apple Inc sold more than 2 million of its new iPhone 5 in China during the three days after its launch there on Friday, marking China’s best-selling iPhone rollout ever, the company said late on Sunday.


“Customer response to iPhone 5 in China has been incredible, setting a new record with the best first weekend sales ever in China,” Apple Chief Executive Tim Cook said in a statement.






Apple’s latest iPhone, which offers a larger 4-inch screen and 4G capability, was launched in the United States and 30 other countries in September, when the company sold more than 5 million of the devices in the first three days.


The device’s highly anticipated release in China, Apple’s second-biggest market, failed to stop the recent share slide of the world’s most valuable technology company, and analysts said Apple’s longer-term China hopes may hinge on a partnership with China Mobile Ltd, the country’s top telecoms carrier.


(Reporting by Sakthi Prasad in Bangalore; Editing by Edmund Klamann)


Tech News Headlines – Yahoo! News





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Moments of silence around NFL for shooting victims


FOXBOROUGH, Mass. (AP) — The New England Patriots silenced their "End Zone Militia" on Sunday night, taking the muskets away from the Revolutionary War re-enactors who fire into the air to celebrate every score.


The memory of the Connecticut school shooting was still too fresh for the sight of firearms and the smell of gunpowder.


"It just doesn't show the right respect for those that lost their lives," said Bob Elliott, the group's sergeant. "But we're still here cheering (the Patriots) on."


Two days after 20 children and six adults were shot to death at the Sandy Hook Elementary School in Newtown, Conn., NFL fans gathering in stadiums across the country honored the victims' memory with periods of silence and reflection. Some teams darkened their scoreboards and lowered their flags to half-staff, while others wore helmet decals or black ribbons.


After learning he was the favorite player of one 6-year-old victim, New York Giants receiver Victor Cruz wrote "R.I.P. Jack Pinto," ''Jack Pinto, my hero" and "This one is for you" on his shoes for the game against the Falcons in Atlanta. Cruz said he called the boy's family after hearing he was a Giants fan and was told they planned to bury him in one of Cruz's No. 80 jerseys.


"I don't even know how to put it into words," Cruz said. "There are no words that can describe the type of feeling that you get when a kid idolizes you so much that unfortunately they want to put him in the casket with your jersey on. I can't even explain it."


The Patriots, the closest team to Newtown that played at home on Sunday, wore a helmet sticker with the city seal and a black ribbon on it; the cheerleaders and mascot wore black armbands, and owner Bob Kraft pledged $25,000 to the community, where he also owns a box-making factory. Before the game, the public address announcer asked for silence while 26 flares were sent into the air.


But when the Patriots kicked a field goal midway through the second quarter, the soldiers in the End Zone Militia clapped their empty hands like the rest of the crowd. Elliott said the Patriots asked the group, which has been standing sentry at home games since the mid-1990s, to skip the ceremonial fire.


"Out of respect for those that were killed, we were asked yesterday not to fire the muskets, which we all agreed with," said Elliott, who is a manufacturing manager for a dental implant-maker. "It was just such a horrific thing. It's hard to put it into words."


The Sunday Night Football broadcast on NBC, featuring the high-profile matchup of the Patriots and 49ers, was moved to CNBC and the NBC Sports Network while President Barack Obama addressed the nation. The game returned to its regular channel after the president's remarks from Newtown.


The Giants, another popular team in southwestern Connecticut, affixed a decal with the school's initials — "SHES" — on their helmets.


"Being close to home, the players were greatly upset about it," Giants coach Tom Coughlin said. "Many of the players have young children so they can empathize with the parents who had young children killed."


Houston Texans defensive end J.J. Watt wrote "Newtown, CT" on one of the gloves he wore in warmups and on both of his shoes for the game.


"We're playing football, and there's something much bigger going on in this world," Watt said. "I just wanted them to know, and I wanted everyone to know, that our thoughts are with them. Nothing is bigger than that. We played our game today, but honestly our thoughts are with them, the families, the teachers, the friends, the first responders, who had to go see that. My dad is a first responder. They were just kids."


In St. Louis, the players who wear No. 26 — Rams running back Daryl Richardson and Vikings cornerback Antoine Winfield — joined hands in a circle with their coaches at midfield before their game, surrounded by dozens of children wearing jerseys.


"I have a son that's in kindergarten. It choked me up because I would hate to be one of those parents," Rams running back Steven Jackson said. "You drop your kid off at school and he or she wants to go there and learn and better themselves, and to then go to the school and find that your child will no longer be with you. I couldn't imagine that thing."


Flags were also at half-staff in Baltimore, where the scoreboards went black as the public address announcer asked the crowd at the game between the Ravens and Denver Broncos to observe "silent reflection" in the wake of Friday's "horrific tragedy."


"As a parent you drop your kids off at school many times," said Miami Dolphins coach Joe Philbin, whose 21-year-old son Michael fell into a Wisconsin river and drowned in January. "It's hard to put into words what that community and those families must feel like. We obviously kept them in our prayers."


A moment of silence was observed at all 14 NFL games on Sunday; in Houston and in Arlington, Texas, the scoreboard went black. Members of the Buffalo Bills and Seattle Seahawks stood quietly with their heads down on their sideline while fans stood silently at the Rogers Centre in Toronto.


The Bills did continue their pregame habit of playing U2's "Sunday Bloody Sunday," which they've played before every home game this season. The song is in reference to British troops shooting and killing unarmed protesters in Derry, Northern Ireland in January 1972.


In Chicago, Green Bay wide receiver Donald Driver retweeted the names of the victims. St. Louis defensive end Chris Long said after the 36-22 loss the Vikings that it was hard to feel sorry for himself.


"As we sit here and feel sorry for ourselves after losing a football game, it really helps put things in perspective," he said. "I was watching TV last night and saw a victim's parent and I was really moved by that, the strength that they were showing up there. If we can all show that strength, we'll be all right as a team and as people."


___


AP Sports Writers R.B. Fallstrom in St. Louis, David Ginsburg in Baltimore, Nancy Armour in Chicago, Paul Newberry in Atlanta, John Wawrow in Toronto, Kristie Rieken in Houston and Brett Martel in New Orleans contributed to this report.


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China Plans on Continuity in Economic Policy in 2013


BEIJING — An annual conference that helps set economic policy in China ended with a lengthy government statement Sunday warning of difficulties in the global economy as well as industrial overcapacity and financial-sector risks at home.


But a review of the two-day conference’s activities, which was released by the official Xinhua news agency, suggested few changes in existing economic policies, calling for continuity for the time being.


The statement endorsed tax cuts, continued curbs on real estate speculation and a broader effort to increase domestic consumption and wean the economy from its dependence on exports and investment.


“The opportunities facing us are no longer the traditional ones of simply entering the international division of labor, expanding exports and accelerating investments, but rather new opportunities forcing us to expand domestic demand, improve innovative capacities and promoting the transformation of the mode of development,” the statement said.


Held in December each year, the Central Economic Work Conference in theory is jointly run by the Central Committee of the Communist Party and by the government’s cabinet of ministers. In reality, the Standing Committee of the Politburo has the power, and all seven of its members attended the conference, together with Prime Minister Wen Jiabao, who left the standing committee last month but remains in office as prime minister until the National People’s Congress next March.


While China has many economic opportunities, “we must soberly recognize that there are still many risks and challenges confronting our national development,” the overview released by Xinhua said. “Problems with imbalances, ill-coordination and lack of sustainability remain pronounced.”


“The contradiction between downward pressures on the economy and relative overcapacity in production is deepening,” the statement continued. “Business operating costs are rising while innovative capacities are inadequate. There are latent risks in the financial sphere.”


Previous annual conferences have lasted three days. The government issued no explanation of why the conference this year appeared to last only two days, opening Saturday and closing Sunday.


The conference called for the agricultural sector to pay attention to maintaining an adequate food supply for the population, and endorsed continued urbanization, a favorite theme of the incoming prime minister next March, Li Keqiang.


“Urbanization is a historic task of our country’s modernization, and also possesses the greatest potential for expanding domestic consumption,” the statement said.


The statement called for continued but unspecified industrial reforms to address the problem of overcapacity. It was not clear what would be done to address risks in the financial sector, but a government official had said before the conference that China’s leaders were eager to move toward the introduction of a system of bank deposit insurance.


The precise details of discussions at Central Economic Work Conferences sometimes take days or weeks to dribble out.


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School Yoga Class Draws Religious Protest From Christians


T. Lynne Pixley for The New York Times


Miriam Ruiz during a yoga class last week at Paul Ecke Central Elementary School in Encinitas, Calif. A few dozen parents are protesting that the program amounts to religious indoctrination. More Photos »







ENCINITAS, Calif. — By 9:30 a.m. at Paul Ecke Central Elementary School, tiny feet were shifting from downward dog pose to chair pose to warrior pose in surprisingly swift, accurate movements. A circle of 6- and 7-year-olds contorted their frames, making monkey noises and repeating confidence-boosting mantras.




Jackie Bergeron’s first-grade yoga class was in full swing.


“Inhale. Exhale. Peekaboo!” Ms. Bergeron said from the front of the class. “Now, warrior pose. I am strong! I am brave!”


Though the yoga class had a notably calming effect on the children, things were far from placid outside the gymnasium.


A small but vocal group of parents, spurred on by the head of a local conservative advocacy group, has likened these 30-minute yoga classes to religious indoctrination. They say the classes — part of a comprehensive program offered to all public school students in this affluent suburb north of San Diego — represent a violation of the First Amendment.


After the classes prompted discussion in local evangelical churches, parents said they were concerned that the exercises might nudge their children closer to ancient Hindu beliefs.


Mary Eady, the parent of a first grader, said the classes were rooted in the deeply religious practice of Ashtanga yoga, in which physical actions are inextricable from the spiritual beliefs underlying them.


“They’re not just teaching physical poses, they’re teaching children how to think and how to make decisions,” Ms. Eady said. “They’re teaching children how to meditate and how to look within for peace and for comfort. They’re using this as a tool for many things beyond just stretching.”


Ms. Eady and a few dozen other parents say a public school system should not be leading students down any particular religious path. Teaching children how to engage in spiritual exercises like meditation familiarizes young minds with certain religious viewpoints and practices, they say, and a public classroom is no place for that.


Underlying the controversy is the source of the program’s financing. The pilot project is supported by the Jois Foundation, a nonprofit organization founded in memory of Krishna Pattabhi Jois, who is considered the father of Ashtanga yoga.


Dean Broyles, the president and chief counsel of the National Center for Law and Policy, a nonprofit law firm that champions religious freedom and traditional marriage, according to its Web site, has dug up quotes from Jois Foundation leaders, who talk about the inseparability of the physical act of yoga from a broader spiritual quest. Mr. Broyles argued that such quotes betrayed the group’s broader evangelistic purpose.


“There is a transparent promotion of Hindu religious beliefs and practices in the public schools through this Ashtanga yoga program,” he said.


“The analog would be if we substituted for this program a charismatic Christian praise and worship physical education program,” he said.


The battle over yoga in schools has been raging for years across the country but has typically focused on charter schools, which receive public financing but set their own curriculums.


The move by the Encinitas Union School District to mandate yoga classes for all students who do not opt out has elevated the discussion. And it has split an already divided community.


The district serves the liberal beach neighborhoods of Encinitas, including Leucadia, where Paul Ecke Central Elementary is, as well as more conservative inland communities. On the coast, bumper stickers reading “Keep Leucadia Funky” are borne proudly. Farther inland, cars are more likely to feature the Christian fish symbol, and large evangelical congregations play an important role in shaping local philosophy.


Opponents of the yoga classes have started an online petition to remove the course from the district’s curriculum. They have shown up at school board meetings to denounce the program, and Mr. Broyles has threatened to sue if the board does not address their concerns.


The district has stood firm. Tim Baird, the schools superintendent, has defended the yoga classes as merely another element of a broader program designed to promote children’s physical and mental well-being. The notion that yoga teachers have designs on converting tender young minds to Hinduism is incorrect, he said.


“That’s why we have an opt-out clause,” Mr. Baird said. “If your faith is such that you believe that simply by doing the gorilla pose, you’re invoking the Hindu gods, then by all means your child can be doing something else.”


Ms. Eady is not convinced.


“Yoga poses are representative of Hindu deities and Hindu stories about the actions and interactions of those deities with humans,” she said. “There’s content even in the movement, just as with baptism there’s content in the movement.”


Russell Case, a representative of the Jois Foundation, said the parents’ fears were misguided.


“They’re concerned that we’re putting our God before their God,” Mr. Case said. “They’re worried about competition. But we’re much closer to them than they think. We’re good Christians that just like to do yoga because it helps us to be better people.”


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IHT Rendezvous: China Calls for 'No Delay' on Gun Controls in U.S.

HONG KONG — The state news agency in China, the official voice of the government, has called for the United States to quickly adopt stricter gun controls in the aftermath of the shooting rampage in Connecticut that left 28 people dead, including 20 schoolchildren.

According to the state medical examiner who was overseeing autopsies of the children, all of them had been hit multiple times. At least one child had been shot 11 times.

All of the children were in the first grade.

“Their blood and tears demand no delay for U.S. gun control,” said the news agency, Xinhua, which listed a series of shootings this year in the United States.

“However, this time, the public feels somewhat tired and helpless,” the commentary said. “The past six months have seen enough shooting rampages in the United States.”

China suffered its own school tragedy on Friday — a man stabbed 22 children at a village elementary school in Henan Province. An 85-year-old woman also was stabbed.

There were no fatalities, although Xinhua reported that some of the children had had their fingers and ears cut off. The attacker, a 36-year-old man, was reportedly in custody. There was no immediate explanation for his possible motives.

China experienced a spate of attacks on schoolchildren in 2010, with almost 20 deaths and more than 50 injuries. In the fourth of the assaults, a crazed man beat five toddlers with a hammer, then set himself on fire while holding two youngsters.

In another of those attacks in 2010, Zheng Minsheng, 42, stabbed and killed eight primary school students in Fujian Province. Five weeks later, after a quick trial, he was executed.

My colleague Michael Wines reported at the time: “Some news reports stated that Mr. Zheng had mental problems, but most state media said no such evidence existed. Mental illness remains a closeted topic in modern China, and neither medication nor modern psychiatric treatment is widely used.”

“Most of the attackers have been mentally disturbed men involved in personal disputes or unable to adjust to the rapid pace of social change in China,” The Associated Press reported Saturday, adding that the rampages pointed to “grave weaknesses in the antiquated Chinese medical system’s ability to diagnose and treat psychiatric illness.”

Private ownership of guns — whether pistols, rifles or shotguns — is almost unheard of in China. Handgun permits are sometimes (but rarely) given to people living in remote areas for protection against wild animals.

The Chinese school assaults were carried out with knives, kitchen cleavers or hammers, the usual weapons of choice in mass attacks in China. As a precaution before the recent Communist Party Congress in Beijing, the sale of knives was banned in the central area of the capital.

Dr. Ding Xueliang, a sociologist at the University of Science and Technology in Hong Kong, speaking about the Chinese tragedy, told CNN that “the huge difference between this case and the U.S. is not the suspect, nor the situation, but the simple fact he did not have an effective weapon.

“In terms of the U.S., there’s much easier availability of killing instruments — rifles, machine guns, explosives — than in nearly every other developed country.”

In a blog on the Web site of The New Yorker, the magazine’s China correspondent, Evan Osnos, wrote:

It takes a lot to make China’s government — beset, as it is, by corruption and opacity and the paralyzing effects of special interests — look good, by comparison, in the eyes of its people these days. But we’ve done it.

When Chinese viewers looked at the two attacks side by side, more than a few of them concluded, as one did that, “from the look of it, there’s no difference between a ‘developed’ country and a ‘developing’ country. And there’s no such thing as human rights. People are the most violent creatures on earth, and China, with its ban on guns, is doing pretty well!”

Japan, too, has a near-total ban on private gun ownership, and the infrequent mass attacks there — which included a tragic rampage at a primary school in 2001— typically have involved knives.

“Almost no one in Japan owns a gun,” said Max Fisher, writing in The Atlantic in July. “Most kinds are illegal, with onerous restrictions on buying and maintaining the few that are allowed. Even the country’s infamous, mafia-like Yakuza tend to forgo guns; the few exceptions tend to become big national news stories.”

In 2006, Japan had two gun-related homicides. “And when that number jumped to 22 in 2007,” Mr. Fisher said, “it became a national scandal.”

“East Asia, despite its universally restrictive domestic gun policies, hosts some of the world’s largest firearm exporters and emerging industry giants: China, South Korea and Japan,” according to GunPolicy.org, a comprehensive global database maintained by the Sydney School of Public Health at the University of Sydney.

In recent weeks, Chinese police officials in Jiangsu Province seized more than 6,000 illegal guns from two underground workshops and warehouses; a retired prison guard in Hong Kong was jailed for 18 months for keeping an arsenal of guns, silencers, grenades and thousands of rounds of ammunition in his public-housing apartment; and 17 suspected gun smugglers went on trial in Shanghai as part of a joint investigation with U.S. law enforcement officials.

In the Shanghai case, more than 100 semiautomatic handguns, rifles, shotguns and gun parts were express-mailed to China from the United States. One of the masterminds on the American end was Staff Sgt. Joseph Debose, 30, a soldier with a Special Forces National Guard unit in North Carolina. He pleaded guilty to federal charges in September.

“The defendant traded the honor of his position in the National Guard for the money he received for smuggling arms to China,” said Loretta E. Lynch, U.S. Attorney for the Eastern District of New York. “In blatant disregard for everything he was sworn to uphold, the defendant placed numerous firearms into a black market pipeline from the United States to China.”

What’s your view? Would the United States do well to emulate China and Japan, with their comprehensive bans on guns? Or is America a special case because of its Constitutional protections of gun ownership? And apropos of the Fujian attack described above, would you support similarly speedy trials and the death penalty for mass murderers of children?

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RIM shows how BlackBerry 10 touch screen keys could rival even its traditional keyboards [video]






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Butler upsets No. 1 Indiana 88-86 in OT


INDIANAPOLIS (AP) — All Butler guard Alex Barlow saw Saturday was space and an opportunity to make a play.


So the unlikeliest player on the floor took a chance and made the biggest shot of the game.


When Indiana's defenders failed to converge on the 5-foot-11 walk-on, Barlow kept right on going through the lane, drove to the basket and hit a spinning 6-foot jumper with 2.4 seconds left in overtime Saturday to give the Bulldogs another stunning upset — 88-86 over No. 1 Indiana in the Crossroads Classic.


"The floater is a shot I work on a lot and I happened to get a lucky bounce," Barlow said. "It was a good feeling."


Luckily for the Bulldogs (8-2), Barlow was on the floor.


The kid who spurned college scholarship offers to play his best sport, baseball, and opted to come to Butler for only one reason — to learn how to coach basketball from Brad Stevens — showed everyone he can hoop it up, too.


Stevens didn't hesitate to constantly keep the ball in Barlow's hands after three key Butler players had already fouled out. The sophomore who had scored only 12 points in nine games this season and 18 in his college career delivered with a series of key plays.


Barlow finished with a career-high six points, came up with a big steal that led to a go-ahead 3-pointer late in overtime and finally won it with a shot that bounced off the back of the rim, straight into the air and finally through the net.


Indiana (9-1) immediately called timeout to set up a play but could only muster Jordan Hulls' heave from near half-court, a shot that faded to the left of the basket and suddenly the first college in Indiana to go to back-to-back Final Fours had another school first — its first win in five tries over a No. 1 ranked team.


The sold-out arena roared as the game ended, and the Bulldogs rushed to midcourt where they celebrated with Barlow.


"I thought he just rose up over Hulls and it looked good," Stevens said. "Don't use this as an excuse to get down on Indiana. I still think they're the team to beat in April. Our guys just played really hard and when it really mattered, they figured out a way."


Butler (8-2) has now won six straight at Bankers Life Fieldhouse, better known as the home to the NBA's Pacers, and four of the last five when this series been played in Indianapolis. The Bulldogs have wins over Marquette of the Big East, North Carolina of the ACC and back-to-back victories over Northwestern and Indiana of the Big Ten.


And Barlow, the surprising star, overshadowed a supporting cast that had strong games, too.


Roosevelt Jones scored 16 points and matched his career-highs with 12 rebounds and six assists before fouling out with 2:03 left in regulation.


Andrew Smith finished with 12 points and nine rebounds and held national player of the year candidate Cody Zeller in check until fouling out just 17 seconds after Jones.


Rotnei Clarke, who transferred to Butler from Arkansas, scored 13 of his 19 points and made three of his five 3-pointers in the second half.


In all, five Bulldogs players finished in double figures while the defense held one of America's most proficient offenses to just 42.9 percent shooting from the field.


"We cost ourselves at the end of the game defensively," coach Tom Crean said after waiting more than an hour to take questions. "They made the plays, there's no question about that. But we made the mistakes on how we guarded them."


The Hoosiers were led by Cody Zeller, who had 18 points, including a layup to tie the score at 86 with 19.3 seconds left in overtime. Victor Oladipo also had 18 points and Will Sheehey scored 13 points off the bench.


But the Bulldogs grabbed 19 offensive rebounds and outrebounded Indiana — the first team to do that this season.


Clearly, this was not the same Indiana team that won its first nine games by an average of nearly 32 points while shooting 51.5 percent from the field.


"There's a lot of things," said Zeller, who had only five rebounds and four baskets. "We got outrebounded. There's a lot of little things that we have to figure, but we'll get back to work and figure them out."


The difference Saturday was that Butler never let the Hoosiers get away from them — even when Smith and Jones went to the bench with four fouls midway through the second half.


Stevens reinserted both players with 9 minutes to go in regulation, trailing 57-50, and the Bulldogs responded with a 12-0 run that gave them a 66-59 lead with 4:31 left in regulation.


Butler still led 71-64 when Jones fouled out, and the Hoosiers answered with five straight points from the free-throw line. They finally tied the score on Yogi Ferrell's 3-pointer from the right wing with 6.1 seconds to go, and Butler's Chase Stigall missed a 3-pointer off the front of the rim as time expired.


In overtime, Indiana looked like it would take control when Zeller's layup made it 84-80 with 2:12 to play.


But the Bulldogs again rallied, getting a 3 from Clarke, a steal from Barlow that led Stigall's 3-pointer, and Barlow's improbable winning shot.


"I just figured I would throw it up to the rim," Barlow said. "If I missed it, I knew they wouldn't get a shot off. Luckily, it bounced in."


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Sidney Gilman’s Shift Led to Insider Trading Case





Speaking in front of a packed convention hall in Chicago, a top Alzheimer’s researcher, Sidney Gilman, presented the results of a drug trial that had the potential to change the fate of elderly patients everywhere.







Fabrizio Costantini for The New York Times

Dr. Gilman’s lifestyle was a well-kept secret among colleagues at the University of Michigan medical school.






But as he worked through the slides, it became clear to the audience on that day in July 2008 that the drug was not delivering and that its makers, Elan and Wyeth, could lose out on blockbuster profits. Along with other Wall Street analysts in the front rows, David Moskowitz zapped messages to clients to dump shares of the companies. “I can remember gasping” at the results, Mr. Moskowitz said.


Little did anyone in the room know that 12 days earlier, Dr. Gilman had e-mailed a draft of the presentation to a trader at an affiliate of one of the nation’s most prominent hedge funds, according to prosecutors, allowing the fund, SAC Capital, and its affiliate to sell over $700 million of Elan and Wyeth stock before Dr. Gilman’s public talk.


Last month, the trader was arrested on insider trading charges after Dr. Gilman agreed to cooperate with prosecutors to avoid charges.


While he appeared a grandfatherly academic, Dr. Gilman, 80, was living a parallel life, one in which he regularly advised a wide network of Wall Street traders through a professional matchmaking system. Those relationships afforded him payments of $100,000 or more a year — on top of his $258,000 pay from the University of Michigan — and travels with limousines, luxury hotels and private jets.


The riddle for Dr. Gilman’s longtime friends and colleagues is why a nationally respected neurologist was pulled into the high-rolling life of a consultant to financiers and how he, by his own admission, crossed the line into criminal behavior.


“My first reaction was, ‘That can’t possibly be right,’ ” said Dawn Kleindorfer, a former student of Dr. Gilman’s at Michigan.


What is clear is that Dr. Gilman made a sharp shift in his late 60s, from a life dedicated to academic research to one in which he accumulated a growing list of financial firms willing to pay him $1,000 an hour for his medical expertise, while he was overseeing drug trials for various pharmaceutical makers. Among the firms he was advising was another hedge fund that was also buying and selling Wyeth and Elan stock, though the authorities have given no sign they have questioned those trades.


His conversion to Wall Street consultant was not readily apparent in his lifestyle in Michigan and was a well-kept secret from colleagues. Public records show no second home, and no indication of financial distress. Nevertheless, he was willing to share a glimpse of his lifestyle with a 17-year-old student whom he sat next to on a flight from New York to Michigan a few months ago, telling her how his Alzheimer’s research allowed him to enjoy fine hotels in New York and limousine rides to the airport.


“I wouldn’t say he was egotistical because he didn’t come across as obnoxious, but he definitely mentioned the kind of lifestyle that he had,” said the student, Anya Parampil, who had been upgraded to first class.


Dr. Gilman’s role in the case involving SAC Capital has largely been overshadowed by the possibility that investigators may be narrowing in on the firm’s billionaire founder, Steven A. Cohen. Mr. Cohen and his firm have not been accused of wrongdoing in acting on the insider information.


Colleagues now say Dr. Gilman’s story is a reminder of the corrupting influence of money. The University of Michigan, where he was a professor for decades, has erased any trace of him on its Web sites, and is now reviewing its consulting policy for employees, a spokesman said.


The case also turns the spotlight back onto the finance world’s expert networks, which match sources in academia and at publicly traded companies — like Dr. Gilman — with traders at hedge funds and financial firms.


The networks have been a central target of prosecutors in the sprawling insider trading investigations that have resulted in dozens of convictions in recent years.


Some networks have closed, and many are shifting their focus outside the financial world, hoping to make up revenue by consulting for corporate America.


Days after the charges were filed, Dr. Gilman retired and has gone into seclusion at his home on a wooded lot overlooking the Huron River on the outskirts of Ann Arbor, which is listed in public records as worth $400,000. He declined to open the door to a reporter last week, directing questions to his lawyer. “I can’t discuss it,” he said. “I’m sorry.”


Stephanie Steinberg contributed reporting.



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Microsoft, Motorola file to keep patent case details private






SEATTLE (Reuters) – Microsoft Corp and Google Inc‘s Motorola Mobility unit have requested a federal judge in Seattle to keep secret from the public various details from their recent trial concerning the value of technology patents and the two companies’ attempts at a settlement.


Microsoft and Motorola, acquired by Google earlier this year, are preparing post-trial briefs to present to a judge as he decides the outcome of a week-long trial last month to establish what rates Microsoft should pay Motorola for use of standard, essential wireless technology used in its Xbox game console and other products.






The case is just one strand of litigation in an industry-wide dispute over ownership of the underlying technology and the design of smartphones, which has drawn in Apple Inc, Samsung Electronics Co Ltd, Nokia and others.


In a filing with the Western District of Washington federal court in Seattle on Friday, Microsoft and Motorola asked the judge to allow them to file certain parts of their post-trial submissions under seal and redact those details in the public record.


The details concern terms of Motorola‘s licenses with third parties and Microsoft‘s business and marketing plans for future products. During the trial, which ran from November 13-20, U.S. District Judge James Robart cleared the court when such sensitive or trade secret details were discussed.


“For the same compelling reasons that the court sealed this evidence for purposes of trial, it would be consistent and appropriate to take the same approach in connection with the parties’ post-trial submissions,” the two companies argued in the court filing.


The judge has so far been understanding of the companies’ desire to keep private details of their patent royalties and future plans, although that has perplexed some spectators who believe trials in public courts should be fully open to the public.


In addition, Motorola asked the judge to seal some documents relating to settlement negotiations between the two companies, arguing that keeping those details secret would encourage openness in future talks and make a settlement more likely.


Judge Robart is not expected to rule on the case until the new year.


The case in U.S. District Court, Western District of Washington is Microsoft Corp. vs. Motorola Inc., 10-cv-1823.


(Reporting by Bill Rigby; Editing by Richard Chang)


Tech News Headlines – Yahoo! News


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AP NewsBreak: Yankees hit with $18.9M luxury tax


NEW YORK (AP) — The New York Yankees were hit with an $18.9 million luxury tax by Major League Baseball, the 10th consecutive year they will pay a penalty for their spending.


The team finished with a $222.5 million payroll for purposes of the tax, according to figures sent to teams Thursday and obtained by The Associated Press.


Following its payroll-shedding trade with the Los Angeles Dodgers last summer, Boston finished just $47,177 under the $178 million threshold. The Los Angeles Angels wound up at $176.7 million and Philadelphia at $174.5 million.


Figures include average annual values of contracts for players on 40-man rosters, earned bonuses and escalators, adjustments for cash in trades and $10.8 million per team in benefits.


New York has run up a luxury tax bill of $224.2 million over the past decade, with the fee increasing from $13.9 million last year. The Yankees' tax rate rose from 40 percent to 42.5 percent this year and figures to climb to 50 percent next season. But they hope to get under the threshold in 2014, when it rises to $189 million. Dropping under the threshold would lower their potential tax rate in 2015 to 17.5 percent.


"It affects my decision-making process, my communication about the pressure points we have," Yankees general manager Brian Cashman said, adding that market rates for free agents also impact his choices.


For the regular payroll calculation — 2012 income plus prorated shares of signing bonuses — spending by the 30 big league teams broke $3 billion for the first time at $3.15 billion after falling $43,000 short of the milestone last year.


The Yankees finished at a record $223.3 million, their 14th consecutive year as the biggest spender and topping their previous mark of $222.5 million in 2008.


However, the Dodgers could break that mark next year following a summer and autumn of acquisitions. Los Angeles currently is at $207.9 million for 21 signed players, including adjustments for the August trade with Boston that brought Adrian Gonzalez, Carl Crawford and Josh Beckett to the Dodgers. The Yankees are at $182 million for 14 players, including a deal with Ichiro Suzuki that hasn't been finalized.


"You don't get a trophy for having the highest payroll," Cashman said. "I'm not going to feel weird either way, if we're the highest or we're not the highest. That's not the issue. Just want to be the best."


Philadelphia was second at $169.7 million, followed by Boston ($168.6 million), the Angels ($160.1 million), AL champion Detroit ($140.7 million) and World Series champion San Francisco ($138.1 million).


Even while shedding some stars during the season, Miami rose from $61.9 million to $89.9 million. The Marlins figure to drop to the bottom of spending next year after trading nearly all their veterans.


Among the big slashers were the New York Mets (from $142.2 million in 2011 to $103.7 million) and the Chicago Cubs (from $140.6 million to $107.7 million).


Oakland won the AL West despite the lowest payroll in the major leagues at $59.5 million. The division rival Angels rose from $143.1 million to $160.1 million yet still missed the playoffs. They added slugger Josh Hamilton this week with a $125 million, five-year deal set to be announced Saturday.


The Dodgers, sold during the season to a group headed by Mark Walter, Stan Kasten and Magic Johnson, climbed from $109.9 million in 2011 to $129.1 million. In the last week they added pitchers Zack Greinke ($147 million over six years) and Ryu Hyun-jin ($36 million over six years).


The commissioner's office computed the average salary at a record 3,104,563, up 2.2 percent from last year's $3,039,161, The players' association, which uses a slightly different method, pegged the average at $3,213,479, up 3.8 percent.


Payroll figures are for 40-man rosters and include salaries and prorated shares of signing bonuses, earned incentive bonuses, non-cash compensation, buyouts of unexercised options and cash transactions, such as money included in trades. In some cases, parts of salaries that are deferred are discounted to reflect present-day values.


According to the collective bargaining agreement, checks to pay the luxury tax must be sent to the commissioner's office by Jan. 21.


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