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All States ~ Multiple Taxes: Webinar: e-Commerce and Internet Transactions: State Tax Issues

first_imgCCH Tax Day ReportWolters Kluwer is hosting a live two-hour webinar, e-Commerce and Internet Transactions: State Tax Issues, on Monday, August 22, 2016, at 1 p.m. Eastern; noon Central; 11 a.m. Mountain; 10 a.m. Pacific. This two-hour CPE webinar will give you a practical review of the multistate tax issues that businesses face when e-commerce is involved. The presentation will be led by multistate tax expert Timothy P. Noonan, Esq., who will share his significant experience dealing with multistate sales and use tax and income tax issues for businesses of all sizes. Plus, you’ll learn the latest attacks state auditors are taking on businesses and the current developments on disputes regarding internet commerce.Program topics include the following:– Jurisdictional Issues and Tax Nexus– Special e-Commerce Nexus Issues– Sales Taxes on Software and Cloud Computing– Sales Taxes on Digital Goods– Taxation of Information Services– Select Income Tax IssuesThe learning objectives include the following:– Understand the multistate tax issues involved in e-commerce transactions– Identify necessary steps to allocate and apportion income from e-commerce transactions– Explain the concept of “economic nexus”Registration can be completed online at http://www.cchwebinars.com or by calling 1-800-775-7654. The fee is $129 for a single user. Each registered user for this webinar also receives a complimentary issue of CCH’s Journal of State Taxation in electronic format.last_img read more

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Connecticut Governor Proposes Sales Tax Increase

first_imgSales tax, use tax, and provider tax increases are included in Connecticut Gov. Dannel P. Malloy’s recent budget proposal. The budget proposal provides for:an increase in the sales and use tax rate to 6.5% (currently, 6.35%);raising the sales and use tax rate on restaurants to 7% (currently, 6.35%); andthe revision of the provider tax (i.e., hospital user fee, a health-care related tax) and an increase in the tax rate.Although the state’s 2018 fiscal year started 10 weeks ago, the General Assembly has not reached consensus on the spending cuts and revenue measures needed to pass a budget, according to the proposal.As the state does not have an enacted budget, it has been operating under executive order since July.Press Release, Office of Connecticut Gov. Dannel P. Malloy, September 8, 2017Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.last_img read more

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Trump Signs Executive Order Promoting Health Care Changes, Lifts HRA Restrictions

first_imgPresident Trump signed an executive order (EO) on October 12 entitled Promoting Healthcare Choice and Competition Across the United States. Sen. Rand Paul, R-Ky., who has often been at odds with Republicans on health care, spoke at the signing, calling the EO the “biggest free market reform of health care in a generation.” The EO states that it seeks to improve choice and competition in the health insurance marketplace by prioritizing three areas for change: association health plans (AHPs); short-term, limited-duration insurance (STLDI); and health reimbursement arrangements (HRAs).The EO, among other things, aims to expand employers’ ability to use tax-advantaged HRAs for their employees’ health care needs. “HRAs are employer-funded accounts that reimburse employees for healthcare expenses, including deductibles and copayments. The IRS does not count funds contributed to an HRA as taxable income,” the EO notes.The Patient Protection and Affordable Care Act (ACA) (P.L. 111-148) places limits on the use of HRAs for health insurance, such as restricting their use for the payment of health insurance premiums. “They were previously popular among small businesses that wanted to reimburse their employees’ expenses, rather than offer group plans,” according to the EO.The EO also direct that changes be made to allow AHPs to be offered across state lines, with more limited and, therefore, likely less expensive coverage, to small businesses and others who form groups to purchase health insurance. Changes to STLDI would expand the availability of that type of less-costly insurance available to more individuals.Currently, one-third of all the counties in the U.S. have only a single insurance option and, next year, one half of all counties will have one insurer, and many will have none, according to Trump. In the coming months, the administration plans to take additional measures toward the stated goal of repealing and replacing the ACA, Trump told reporters. “We will continue to pressure Congress to repeal and replace the ACA,” he added.Democratic lawmakers began criticizing the EO immediately after its signing. “Actions like these create extreme uncertainty that will undoubtedly saddle middle class families with higher cost, less coverage and fewer protections,” House Ways and Means ranking member Richard Neal, D-Mass., said in a statement. “I hope Republicans will join with Democrats to find bipartisan solutions to further strengthen our healthcare system to bring down costs, strengthen consumer protections and cover more Americans.”Trump recently indicated his intention to work with Democrats on health care, having consistently voiced frustration with Republicans for failing to repeal and replace the ACA (TAXDAY, 2017/07/31, C.1). “”I called [Senate Minority Leader] Chuck Schumer, D-N.Y., yesterday to see if [Democrats] want to do a great health care bill. Obamacare is badly broken, big premiums. Who knows!” Trump said in an October 7 tweet.By Jessica Jeane, Wolters Kluwer News StaffPresidential Executive Order Promoting Healthcare Choice and Competition Across the United StatesHealthcare Executive Order Key MessagesLogin to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or conlast_img read more

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Philly 360° Twitter Contest: Philadelphia Auto Show Ticket Giveaway Today Only

first_imgThe Philadelphia Auto Show The Philadelphia Auto Show is gearing up to take over the Pennsylvania Convention Center beginning tomorrow, January 19 – January 27. And, we just got our hands on two pairs of tickets to give away! Want to go?  Follow us on Twitter and Tweet: ”Hey @Philly360, hook me up with tix to the @phillyautoshow!” Contest runs today only from 11 a.m. – 4 p.m. Click here to see the Official Rules.last_img

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In The Winner’s Circle: Leah Smith

first_imgLeah Smith(Courtesy of Leah Smith) This Friday, some of Philly’s rising R&B stars will hit the stage at Sigma Sound for The Winners Circle. Each of the artists performing were hand-picked by the Starr Island, a music management company housing some of today’s top talent in the industry. Get to know the artists who will be hitting the stage. Next up in the winner’s circle, Leah Smith. Leah Smith is another Philadelphia native that will knock your socks off. Originally from North Philadelphia, Smith is a product of The Philadelphia High School for Creative and Performing Arts, also known as CAPA. From a young age, Smith began cultivating her talent as a musician, vocalist and writer. Her music is meaningful, soulful and full of life. Smith was formerly a member of Israel Houghton’s New Breed and has traveled the world. In 2009, she stepped out on her own with EP, Beautifully Made which garnered a lot of attention from fans and the music industry. Her work has also led her to perform on the BET Music Matter’s stage and appearances on 106th and Park. During the 2012 BET Honors, Smith shared the stage with legends like Stevie Wonder, Spike Lee and Mariah Carey. She’s earnest and extremely talented. After a whirlwind couple of years, it will be exciting to see Smith back in Philadelphia to perform.  Be sure to make it out to The Winners Circle to check her out, along with Motown recording artists MPrynt, Dreamchasers recording artist Guordan Banks and Jeremy Isaac this Friday at Sigma Sound Studios. Doors open at 8:30 p.m. Get your tickets here.last_img read more

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California man sentenced for role in mid-Missouri meth ring

first_imgShadeed Muhammad from the state of California will spend more than 11 years in federal prison, for his role in a mid-Missouri meth ring.A judge announced the sentence of 11 years and three months on Monday.Muhammad pleaded guilty last year to mailing packages with more than 800 grams of meth each to people in Columbia and Jefferson City from 2016 to 2017.James Larkins of Columbia, and Javiar Rossar, Bria Lanier-Richie, and Robert McNair of Jefferson City have all pleaded guilty to their roles in the meth ring.last_img read more

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Intel Node Manager Ecosystem Video IDF 2009

first_imgThe ecosystem is growing…Sean Maloney’s keynote presentation at IDF 2009 highlighted Intel Node Manager.  This is the video from his keynote which shows customers from Baidu, BMW, Oracle, and Telefonica, who have been working with Intel on Intel Intelligent Power Node Manager. Check out the final slide showcasing the OEM/ODM/Console providers and customers using Intel Intelligent Power Node Manager.last_img

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Unifying the voice of IT as we head into the cloud

first_imgOn June 7th, 2011 the Open Data Center Alliance made some significant industry announcements.  In just seven months since formation the organization has quadrupled membership, created 8 usage models that define IT requirements for some of the most pressing challenges in building/deploying clouds, and announced working relationships with leading standards organizations and solutions vendors.  I wrote a blog on what this means to the industry, cloud adoption and Intel on Data Center Knowledge.  Please read through and let me know what opportunities and potential you see from this major industry milestone.To hear more of my thoughts on this announcement, you can also listen to my podcast at: http://intel.ly/lE1rae or follow me on Twitter @RaejeanneS.last_img read more

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Will the Invincible Buckeyes Team from OSU and OSC Prove to be Invincible?

first_imgMike Bernhardt is the Community Evangelist for Intel’s Technical Computing GroupKaren Tomko, Scientific Applications Group Manager at the Ohio Supercomputer Center (OSC), has assembled a team of fellow Buckeyes to attempt the Intel Parallel Universe Computing Challenge (PUCC)Opens in a new window at SC14 in November.We asked Karen a few questions about her team, called the Invincible Buckeyes (IB), and their proposed participation in the PUCC. The 2014 Invincible Buckeyes (IB) team includes (from l to r) Khaled Hamidouche, a post-doctoral researcher at The Ohio State University (OSU); Raghunath Raja, Ph.D student (CS) at OSU; team captain Karen Tomko; and Akshay Venkatesh, Ph.D student (CS) at OSU. Not pictured is Hari Subramoni, a senior research associate at OSUQ: What was the most exciting thing about last year’s PUCC?A: Taking a piece of code from sequential to running in parallel on the Xeon Phi in 15 minutes, in a very close performance battle against the Illinois team was a lot of fun.Q: How will your team prepare for this year’s challenge?A: We’ll do our homework for the trivia, brush up on the parallel constructs, look at some Fortran codes, and make sure we have at least one vi user on the team.Q: What would you suggest to other teams who are considering participation?A: First I’d say, if you are considering it then sign up. It’s a fun break from the many obligations and talks at SC. When you’re in a match don’t over think, the time goes very quick. Also, watch out for the ‘Invincible Buckeyes’!Q: SC14 is using the theme “HPC Matters” for the conference. Can you explain why “HPC Matters” to you?A: HPC systems allow scientists and engineers to tackle grand challenge problems in their respective domains and make significant contributions to their fields. It has enabled innumerous discoveries in the fields of astro-physics, earthquake analysis, weather prediction, nanoscience modeling, multi-scale and multi-physics modeling, biological computations, and computational fluid dynamics, to name a few. Being able to contribute directly/indirectly to these discoveries by means of the research we do matters a lot to our team.last_img read more

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Empowering Your Workforce Through Mobile Collaboration

first_imgWith mobility slated to top enterprise CIO priorities in 2015, clear internal communication strategies and robust collaboration platforms are crucial for continued success. As enterprise companies continue to heavily invest in IT infrastructure that enables their employees to untether from their desks and work remotely, collaboration software like Microsoft* Lync and Skype enable workers to remain productive and responsive — even out of the office.As companies have developed mobility strategies, many have invested in hardware such as tablets and smartphones in order to provide employees a modicum of flexibility. CIOs have discovered that due to their mobility strategies:“…employees in the field complete mission-critical tasks in real-time; they no longer gather information in one place, and then return to an office to transcribe what they learned on the road. Because workers are constantly connected, they’re always able to communicate, and are more likely to keep working even during off-hours.”Though it has proven to be an invaluable strategy across the increasingly complex enterprise landscape, the increase in productivity through mobility is still evolving.Refining Mobility in 2015 Mobility is no longer a “nice to have” for employees — it’s expected. However, as the enterprise continues to adopt mobile technology, flaws are starting to appear. As BYOD and mobility have evolved, cross-platform collaboration has been somewhat limited by compatibility issues between operating systems.Collaboration platforms like Microsoft* Lync* and Skype* have apps for most popular mobile operating systems, but functionality across some of these mobile platforms may be significantly limited compared to the desktop client.For example, Microsoft* recently announced support for unified Lync & Skype communication (meaning Lync users can call and message Skype users, and vice versa). However, this functionality is limited to desktop clients for both devices. This feature, as well as many others, has been a major stumbling block for companies trying to promote robust collaboration efforts in conjunction with their mobility strategies.Companies looking to refine their mobility strategy should consider the range of cross-platform compatibility issues and productivity limitations when looking to invest in any new device or strategy. A recent Principled Technologies test report compared Microsoft* Lync and Skype* performance on three popular mobile devices: an Apple* iPad* Air, Samsung* Galaxy* Note 10.1, and Microsoft* Surface* Pro 3.The feature set and performance for the apps on the iPad* and Galaxy* Note was significantly limited compared to the Surface* Pro 3. Since the Surface* Pro 3 runs the full desktop version of Windows* 8.1 Pro, as opposed to a mobile operating system like the iPad* and Galaxy* Note.Click here to read the full Principled Technologies test report. *Other names and brands are property of otherslast_img read more

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Bringing the “Wow” of 4K Display to Desktop Computing

first_imgWhen you create, edit, or view photography using a desktop with a 4K display, the gap between real and digital narrows—colors pop, lines are super smooth, and every detail is crisp.The little dimples on the football as it spirals through the air, the glistening beads of water dripping from the leaves during a morning hike—4K delights with the sharpest video ever, whether you’re a professional or a master of the home studio.The newest generation of games on the desktop are mind-blowing packages of creative wizardry, original storytelling, compelling characters, and huge-budget production quality. Now quadruple that. With sharper text and graphics, 4K helps reduce eye strain, rendering sharp and crisp text that makes reading, writing, and working more pleasant on many desktop apps, including the Web. Intel has been working with key collaborators, including Samsung, to bring 4K technology to mainstream desktop computing. A new white paper, Stunning 4K Display Technology: A Must Have for Desktop Computing‌, tells the story of this initiative, with details, insights, a view of what’s to come, and an interview—excerpted below—with Platform Innovation Manager Roland Wooster, Desktop Client Platforms, CCG, who has been a driving force in this area. 4K display technology is nearly indescribable. But I’ll try.With 8.3 million pixels on the screen—four times more than mainstream Full HD 1080p displays—every  video of your kids playing football, every holiday photograph, and every heart-pounding move you make in a game is brought to life. And desktops powered by the latest Intel® processors provide an optimal combination of screen size and close distance interaction to unleash the true magic of the technology.center_img Why are you focusing on desktop computers?TV manufacturers have been delivering 4K for a few years now, and there’s already been a lot of progress made in the displays of smaller devices like smartphones and tablets. But there was a big gap where the real enthusiast users really need it—on desktop computers. People who are serious gamers or content creators—those who produce and edit photos and videos—want to work and play on more powerful systems with larger displays, which logically means a desktop computer. Plus, we know that the distance between the user and a 24” 4K display is the ultimate sweet spot for the optimum immersive experience. This is exactly where we need to be right now.Beyond the screen, what’s required for a true 4K experience?Processor speed is certainly key. For the best experience with photo editing, you need Intel® Core™ i5 at the very least, and for video editing and gaming you absolutely need to be running Intel® Core™ i7 along with a discrete video card. And of course, to get the most out of 4K displays, you need software that supports the technology. We also worked with a number of software developers, like Microsoft, Adobe, and DivX, to help prepare the applications that will deliver 4K content on these new systems. Having those applications ready when the monitor prices drop is key to making sure that mainstream users will be able to enjoy it.Read the entire interview and learn more about 4K technology: Stunning 4K Display Technology: A Must Have for Desktop Computing. And join the conversation using #IntelDesktop.This is the fourth installment of the Desktop World Tech Innovation Series.To view more posts within the series, click here: Desktop World Serieslast_img read more

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Tweet Chat Review: The Growth of Connected Care

first_imgWhat are characteristics of a successful connected care program?Successful connected care programs have clear clinical and business goals, know the problems that need to be solved, have measurable outcomes and clear value propositions, and feature scalable architecture for data ingestion, storage, analysis, and visualization.Programs must be patient-centric and look holistically at both patient and care team touch points throughout the continuum of care. They also need a strategy for transforming data into actionable/comprehensible insights delivered at the right time, to the right person. This is often overlooked – insights for providers or patient instructions get lost in poor visualization. This is why the UI/UX aspect of connected care is so critical. What are some of the short- and long-term obstacles to adoption of connected care programs?The business models for connected care are still evolving. New payment and reimbursement pathways are needed to create growth. Sustainable, long-term patient engagement is a challenge. Hopefully, healthcare will continue to look to industries that have pioneered techniques for data-driven high-touch consumer engagement (consumer goods, SaaS internet companies, etc.) and apply those learnings to developing new strategies to engage patients. Finally, federal and state regulation must continue to evolve because connected care operates across traditional geographic boundaries and models of care delivery. Connected care is a broad term – what does it mean?Generally, connected care applies to leveraging technology to connect patients, providers, and caregivers. Increasingly, this is happening in real-time. Connected care extends care outside of the traditional hospital setting and moves healthcare from episodic events to more continuous care that is tailored specifically for the patient. Last week I had the honor of moderating the weekly #HITsm (Health IT social media) chat on Twitter. This regular discussion about health IT issues is a wonderful forum for addressing what steps need to be taken to move healthcare technology forward on a number of fronts.The topic of my chat was The Growth of Connected Care, and focused on defining the terms, sharing trends and identifying successful characteristics of a connected care program. I enjoyed the banter and the great questions that came my way during the chat and learned quite a bit about what the climate is like for overcoming obstacles to adopting connected care.  You can see the transcript of the entire chat here.To recap the conversation, below are the questions that were asked during the chat and my brief answers. What market trends are driving connected care?A few trends are driving connected care forward. First, new Internet of Things (IoT) technology (devices-datacenter) are making connected care possible for patients. Think about wearables and the massive amount of data that can be acquired that influences care; this is the cornerstone of connected care.Second, payment reform and payment models are changing from fee-for-service to value-based. As payment models change, patient retention becomes increasingly important for clinicians. This is the consumerization of healthcare, where the patient takes charge of their own health and the care is on a regular, on-going basis.Finally, healthcare technology investments in digital platforms have opened the opportunity to create and consume new data streams in real-time. Where is connected care headed, and what are some things to watch for?Expect larger connected care programs with employers, payers, and care providers to reach consumers and tie engagement to financial outcomes. It will be interesting to see how employees respond and how the employer/employee relationship is re-written to include health-related activities.Population health programs will go through a three step evolution of understanding, predicting, and then preventing (UPP). Step one is simply understanding what data is available and identifying/filling gaps. The second stage of program maturity involves using data to being predicting outcomes for specific populations. This stage involves iterating through models to improve specificity both for target outcomes and population boundaries.The third stage is using the predictions to implement real programs that prevent target outcomes from occurring. This stage will partially rely on human-centered care delivery, but it will also push the boundaries of virtual medicine in response to access and delivery constraints that inevitably arise.On the downside, large data breaches look inevitable in the future as more devices allow for more attack vectors. The big unknown is how this will impact the industry and consumers. What technologies are enabling connected care?For starters, big data technologies, both software and hardware, are enabling us to work with the high volume, variety, and velocity of connected care data. Wearables and sensors are also evolving, and newer devices are delivering more value in improved form factors.last_img read more

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A Collaboration Solution to Unite Them All

first_imgTechnology is powering a transformation in the workplace. One area where there is significant opportunity to drive a more modern collaboration experience with technology is in meeting spaces. Even here at Intel, we found valuable time was wasted getting PCs connected to begin sharing content at the start of meetings. Different devices, finding the right dongle and a mix of conference room technologies made connecting and sharing with others difficult and frustrating. On average we were losing about 7 minutes getting a meeting started and in some more extreme cases we heard of 20 minutes being lost to get the content projected and shared. Across all businesses, employees spend a significant amount of time in meetings every year and we realized there is a costly gap in lost productivity. We set out to solve this problem and that was the genesis of Intel® Unite®, our collaboration solution.Our mission is to develop a platform that is incredibly easy to use, giving employees an instant wireless connection to meetings on any of their PCs or tablets while seamlessly working with existing conference room equipment and software solutions. That’s actually how it got its name –a technology solution that unites all platforms. The Intel® Unite® solution is a combination of an Intel® Core™ vPro™ processor-powered hub running in the meeting room that communicates with a small client app running on devices like a PC, Mac, or tablet and finally a small server component which orchestrates and manages the solution across devices and hubs throughout the network.Since we first introduced Intel® Unite®Opens in a new window, we have been on a relentless path to innovate based on customer feedback. In June we talked about new features that make the collaboration experience even better like rich video playback where in-room participants can share full HD video and audio with ease from Windows-based PCs. We also introduced a new way to join your meetings from a scheduled meeting notice without having to enter the six-digit PIN. Building on this momentum, today we’re announcing new capabilities to advance the state of collaboration even further.New capabilities that extend the way we meetAdvanced Meeting Room Analytics: We want IT Pros to get more out of their technology and having the right insight on meeting room usage will help. We’ve developed a new telemetry plug-in to track usage. This uniquely gives IT pros insight into how often meeting spaces are getting utilized, for how long and analysis on the health of the technology in the meeting space. Available today, this will help IT and facilities management make better decisions based on how meeting spaces are getting used.Extending the Platform: We designed Intel® Unite® as an open platform where our goal is to enable customers to collaborate across any device. It is available on Windows (7, 8.1 and Windows 10), Apple Mac OS X and available today, customers have viewing and presenting capabilities for iPad and Android Tablets. Device support for Chromebooks is not far behind – the app will be available at the beginning of the second quarter of this year.Increased Meeting Control: The relevance of Intel® Unite® as a collaboration solution is growing across various industries like education, healthcare and retail. As a result, we’re building customized features that are important to these verticals. This includes new meeting controls so that users can choose the meeting permissions that make most sense to them. For example, in a classroom environment, this gives meeting controls to teachers to enable them to be the moderator and control who presents content. This feature will be available early in the second quarter of this year.Static PIN: In addition to the rotating PIN we offer today to more securely connect authorized devices to the client hub, we’re adding a static PIN option for customers. This is well suited for education where it creates a simple connection for teachers and students to always use the same pin to start a sharing session, or to alternatively maintain a PIN which stays the same throughout the duration of an active session.Empowering customers with better collaboration, management and securitySimilar to our own internal experience, we’re seeing a great response from our customers. Intel® Unite® is helping to solve their collaboration pain points. We have nearly 100,000 Unite hubs deployed around the world. And more than just collaboration, IT is telling us they value the Intel® Core™ vPro™ processor running on the client hub because they have a way to remotely manage the meeting room experience driving down costs and increasing meeting room uptime. IT also is able to take advantage of the security features in Intel® Core™ vPro™, so content shared in a meeting is encrypted and stays on the network. We also offer the most cost-effective solution where for less than a $1,000 per room (and no recurring monthly licensing fees), customers can take advantage of the extensive capabilities in Intel Unite, have access to future technologies features that become available over the next 3 years through a simple software update and rest assured that their investment works with their existing meeting room technology.One of our customers, Adolfo San Martin from Acciona, a leader in renewable energy, shared his experience saying: “We see tremendous opportunity with Intel® Unite®. The solution makes our meeting rooms smarter through a fast, easy wireless connection, so employees start meetings instantly removing the burden of connecting to dongles and wires, which often results in a significant meeting delay. Using Intel® Unite® software on the Intel® Core™ vPro™ platform not only increases employee productivity, but delivers security and manageability features to drive peace of mind for my IT team deploying the solution. We’re finding that Intel Unite is easy to use, manage and has saved us significant time.”Advancing Intel® Unite® through our ecosystemWorking with our ecosystem of partners is also an important component to our strategy. We want to make sure customers can use existing tools like Skype for Business and Zoom with Intel® Unite®.  We’re also working across a broad ecosystem to make Intel Unite available and are now joined by Actiontec. Actiontec just announced their smart meeting and collaboration appliance, the ScreenBeam 1200 with Intel® Unite®. Learn more about Actiontec and their networking and conference room solutions here: screenbeam.com/products/screenbeam-1200/Opens in a new windowWe’re highlighting our new capabilities at the Integrated Systems Europe event in Amsterdam this week. If you’re attending, we’d love for you to come see us at our booth in the Unified Communications area: 11-B140. Our partner Logitech will also be participating. Check out their booth at: 11-D111To learn more about Intel® Unite®, go to: intel.com/uniteOpens in a new windowRead more about Intel’s mission with Intel® Unite® in the Intel NewsroomOpens in a new window.last_img read more

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Playing to Win in the Data-Centric Economy

first_imgFossil fuel sparked innovation that drove the Second Industrial Revolution. Data is fuel for the current revolution and is expected to generate $13 trillion in new global activity by 2030. Who’s going to win the battle for leadership in the data economy? The winners will be those who can tap, refine and use the vast stores of data coming their way.Making Sense of DataHere’s the surprising thing: Data has been driving changes to the economics of our world for longer than we might realize.First attempts to quantify the growth rate of data (or as it was known then: the information explosion) started more than 70 years ago.In 1967, “experts” recommended storage requirements for information be kept to a minimum. In other words, keep only the essential information and delete the rest.By the 1990s, we were told the rates of data growth and data volumes would overwhelm networks and our ability to comprehend what’s been collected. This is a powerful foreshadowing of AI’s importance to data management and analytics.By 1996, we realize that storing data is more cost effective than storing paper, and by 1997 we start seeing discussions about the “problem” of big data.The Information Explosion EffectTo understand how dramatic the data challenge has become, you just need to look at the numbers:1999: World leaders worried about the global collapse of IT systems from Y2K. Technology was commonplace but we only generated 250MB of data per person each day.2013: 2.5 quintillion bytes of data are being created every day (and IBM* reports 90% of the world’s data has been created in the past two years).2020: Each person in the world is expected to create 1.7MB of data every second.Notice we moved from tracking daily data creation to the amount created every second? And it’s not showing any signs of slowing. IDC predicts worldwide data creation will grow to 163 zettabytes (ZB) by 2025 or 10 times the amount we produced in 2017.Data Dollars and CentsThe numbers can seem a little abstract until you think about the devices we use every day and the data they generate.Enterprises will create 60% of the world’s data from machine learning, automation and machine-to-machine technologies and embedded devices including sensors, RFID readers, cameras, autonomous vehicles and more.All those devices generating data are creating a valuable commodity for business. MIT found that companies in the top third of their industry that use data-driven decision making were, on average, 5% more productive and 6% more profitable than their competitors.Capitalizing on the data opportunity is driving a new way of doing business, and it’s one that has tremendous value. Big data and business analytics solutions are expected to hit $189.1 billion this year and the IT services market will be the largest category at $77.5 billion.Solutions to the Data ChallengeDelivering on the data opportunity has created a fundamental shift in world economics and the business models of IT companies. To help ecosystem partners make that shift and accelerate their own transformation, we’re creating Intel® Partner Alliance, a comprehensive program specially designed to address the challenges of the data centric era.Intel Partner Alliance will address key areas critical to success in this new environment – training and collaboration. Technology is changing so rapidly, it’s critical to keep pace. We’ll be helping  partners to bolster their knowledge with Intel® Partner University. And, recognizing partners need to work with others in the industry to deliver increasingly complex end-customer solutions, we will be  launching Intel® Solutions Marketplace, an innovative platform to facilitate real-time collaboration with experts across our global ecosystem.The opportunity is undeniable, but so are the risks. Companies that don’t find ways to harness data will be left behind. Intel Partner Alliance will help our partner ecosystem connect, innovate and grow with tools to accelerate their own transformation so they can succeed in a world driven by data.last_img read more

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Federal Budget Rollback Could Slash NIH Grant Success Rates

first_imgFunding rates for biomedical researchers could drop by half, to a historical low of 10%, if Republicans follow through on their vow to cut overall federal discretionary civilian spending to 2008 levels. That warning came Saturday from National Institutes of Health (NIH) Director Francis Collins in a keynote speech to the American Society of Human Genetics at its annual meeting in Washington, D.C. “There are certainly concerns, especially with some of the rhetoric you’ve heard since Tuesday,” when midterm elections took place, Collins said. Collins said that grant applicants had a one-in-five chance of getting funded during fiscal years 2009 and 2010. But if NIH’s 2011 budget is rolled back to its 2008 level, as part of the Republican campaign pledge for non-security federal activities, that success rate could drop to as low as 10% because so much of NIH’s budget is tied up in ongoing 4-year grants. “This is, of course, a great source of stress on all of you and on all of us at NIH,” Collins said. If the worst happens, he said, NIH would try to protect young scientists through programs that review applications from new investigators separately. Sign up for our daily newsletterGet more great content like this delivered right to you!Country *AfghanistanAland IslandsAlbaniaAlgeriaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBolivia, Plurinational State ofBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCongo, The Democratic Republic of theCook IslandsCosta RicaCote D’IvoireCroatiaCubaCuraçaoCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and Mcdonald IslandsHoly See (Vatican City State)HondurasHong KongHungaryIcelandIndiaIndonesiaIran, Islamic Republic ofIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People’s Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People’s Democratic RepublicLatviaLebanonLesothoLiberiaLibyan Arab JamahiriyaLiechtensteinLithuaniaLuxembourgMacaoMacedonia, The Former Yugoslav Republic ofMadagascarMalawiMalaysiaMaldivesMaliMaltaMartiniqueMauritaniaMauritiusMayotteMexicoMoldova, Republic ofMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorwayOmanPakistanPalestinianPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalQatarReunionRomaniaRussian FederationRWANDASaint Barthélemy Saint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint Martin (French part)Saint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten (Dutch part)SlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwazilandSwedenSwitzerlandSyrian Arab RepublicTaiwanTajikistanTanzania, United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuela, Bolivarian Republic ofVietnamVirgin Islands, BritishWallis and FutunaWestern SaharaYemenZambiaZimbabweI also wish to receive emails from AAAS/Science and Science advertisers, including information on products, services and special offers which may include but are not limited to news, careers information & upcoming events.Required fields are included by an asterisk(*)last_img read more

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Second Oil Spill Settlement Adds to Gulf Coast Science and Restoration Funding

first_imgCash flow. Transocean will help fund Gulf of Mexico science and restoration as part of its settlement of civil and criminal charges related to the 2010 Deepwater Horizon disaster. Gulf of Mexico science and restoration will get another chunk of cash from a second settlement of federal charges related to the 2010 Deepwater Horizon oil spill. Transocean Deepwater Inc., the company that operated the Deepwater Horizon drilling rig for oil giant BP, has agreed to pay $1.4 billion in civil and criminal fines and penalties for the spill, the U.S. Department of Justice announced today.Transocean will pay a record $1 billion for violations of the Clean Water Act, 80% of which will be dedicated to economic and ecological restoration projects along the Gulf Coast under legislation approved last year by Congress.The U.S. National Academy of Sciences (NAS) will get $150 million from the payout to help fund an independent, 30-year Gulf Coast research program created last November under a similar settlement with BP. The Transocean payment will bring total funding for the effort to $500 million, and “today’s legal action will complete funding for the program,” NAS officials said in a statement.Sign up for our daily newsletterGet more great content like this delivered right to you!Country *AfghanistanAland IslandsAlbaniaAlgeriaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBolivia, Plurinational State ofBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCongo, The Democratic Republic of theCook IslandsCosta RicaCote D’IvoireCroatiaCubaCuraçaoCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and Mcdonald IslandsHoly See (Vatican City State)HondurasHong KongHungaryIcelandIndiaIndonesiaIran, Islamic Republic ofIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People’s Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People’s Democratic RepublicLatviaLebanonLesothoLiberiaLibyan Arab JamahiriyaLiechtensteinLithuaniaLuxembourgMacaoMacedonia, The Former Yugoslav Republic ofMadagascarMalawiMalaysiaMaldivesMaliMaltaMartiniqueMauritaniaMauritiusMayotteMexicoMoldova, Republic ofMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorwayOmanPakistanPalestinianPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalQatarReunionRomaniaRussian FederationRWANDASaint Barthélemy Saint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint Martin (French part)Saint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten (Dutch part)SlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwazilandSwedenSwitzerlandSyrian Arab RepublicTaiwanTajikistanTanzania, United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuela, Bolivarian Republic ofVietnamVirgin Islands, BritishWallis and FutunaWestern SaharaYemenZambiaZimbabweI also wish to receive emails from AAAS/Science and Science advertisers, including information on products, services and special offers which may include but are not limited to news, careers information & upcoming events.Required fields are included by an asterisk(*)Transocean will also provide $150 million to the U.S. National Fish and Wildlife Foundation (NFWF) for ecological restoration projects along the Gulf. NFWF has already received $2.4 billion from the earlier BP settlement.Both BP and Transocean are still facing further financial liability for the spill. Both companies will eventually be billed by the federal government for natural resource damages caused by the spill. And BP faces civil charges under the Clean Water Act that could produce fines totaling $5 billion to more than $20 billion, 80% of which would be dedicated to economic and ecological restoration along the Gulf Coast. Wikimedia last_img read more

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