Friday, 23 December 2011

Xerox PARC founder Jacob Goldman dies

Jacob E Goldman, a physicist who as Xerox's chief scientist founded the company's vaunted Palo Alto Research Center, which invented the modern personal computer, died Tuesday in Westport, Connecticut. He was 90. The cause was congestive heart failure, his son Melvin said. Emblematic of a time when American corporations invested heavily in basic scientific research, Goldman played an important role both at Ford Motor, in the 1950s, and later at Xerox in the 1960s and 1970s, in financing basic scientific research in an effort to spark corporate innovation.

In the late 1960s, Xerox, then the dominant manufacturer of office copiers, was searching for ways to move into new markets when he proposed an open-ended research laboratory to explore what C Peter McColough, chief executive at the time, called "the architecture of information". Computer systems were still not available in offices at that time, and little was known about the shape of what would come to be called "the office of the future." Xerox had recently acquired Scientific Data Systems, a California computer manufacturer, to compete with IBM in the data-processing market.

At the time, however, computers were largely centralised systems that were not interactive. The minicomputer market was just being pioneered by the Digital Equipment.Xerox did not initially have a grand strategy for entering the computing business, only an inkling that the data processing world was both an opportunity and a potential threat.

"He was the one that made sure that Xerox understood there was a revolution coming behind them that might change their business," said Michael Hiltzik, author of "Dealers of Lightning: Xerox PARC and the Dawn of the Computer Age." Goldman had originally been brought from Ford to Xerox by John Bardeen, who was on the Xerox board and was also a physicist. (He helped invent the transistor at Bell Labs.) Bardeen knew Goldman in part because of his contributions as a corporate science manager and also for running a well-known poker game every year at the American Physical Society meeting, according to his son.

The Xerox laboratory was almost stillborn in 1970 when many of the company's directors resisted the idea of a West Coast center in an area in which the company did not have an active business . It was Bardeen who backed Goldman's early vision and convinced the company to support the venture even though it would not bear fruit any time soon.

"It was Jack who brought the idea back to management that they could not expect to get anything useful for at least five years, but maybe in 10," Hiltzik said. "It was this idea that they did have to look far ahead and nurture research." Established in 1970 in an industrial park next to Stanford, PARC researchers designed a remarkable array of computer technologies, including the Alto personal computer, the Ethernet office network, laser printing and the graphical user interface.

The technologies would later be commercialised by both Apple Computer and Microsoft, among others, and Xerox would be criticised for not capitalising enough on the technologies it had pioneered - for "fumbling the future" . Years later, Goldman explained Xerox's failure to enter the personal computing market early on as part of a large corporations' unwillingness to take risks.

"A big company will not make the investment to bring out a new product unless they see it makes a big difference," he said in a 1988 interview in The New Haven Advocate. "Look at the personal computer industry today. It's a multibilliondollar industry today. And we at Xerox could have had that industry to ourselves." Goldman, who was often called Jack, was born in Brooklyn on July 18, 1921.

His parents, Solomon Goldman, a jeweller, and the former Sarah Goldstein, had immigrated from Russia. Jacob attended Yeshiva University and received a master's degree and his PhD in physics from Pennsylvania.

With expertise in magnetism, he began his career at Westinghouse in 1945, before moving to teach at Carnegie Institute of Technology in Pittsburgh. Goldman also excelled as a manager. At Ford, which he joined in 1955, he went on to head the company's research and development laboratory.

Under Henry Ford, he was one of the company's first high-ranking Jewish executives, as the company broke with its founder's anti-Semitism . A lifelong Democrat, he resisted a corporate memorandum early on demanding that executives make contributions to the Republican Party, according to his son.

photo,s

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Ashwini Akkunji and six others get 1 year ban for doping

The high-profile doping scandal that hit Indian athletics earlier this year, took a decisive turn on Friday when six track and field stars were handed one-year bans by a disciplinary panel of the National Anti-Doping Agency ( NADA).

With the bans, quartermilers - Ashwini Akkunji, Jauna Murmu, Mandeep Kaur, Priyanka Panwar, Sini Jose and Tiana Mary Thomas - have effectively been ruled out of the 2012 Olympics, ending India's hopes of a medal in the 4x400 women's relay at the London Games.

The ban comes into effect retrospectively from the date the athletes tested positive. That gives only Mandeep and Murmu a chance of making it to the last Olympic selection trials - the inter-state meet - to be held from June 24 to 27, 2012. Jose and Tiana too can technically still qualify for the London Games, but their chances are extremely dim.

The chief culprit, according to the findings, is Yuri Ogorodnik, the SAI-appointed Ukrainian coach at the National Institute of Sports, Patiala. The batch of the stimulant ginseng he administered to the athletes was found to be 'contaminated' with banned substances.

The quantum of punishment in what is the biggest scandal in Indian track and field comes as a surprise as the ban for first-time offenders as per World Anti-Doping Agency ( WADA) regulations is normally two years (second-time violators are banned for life). Advocate Dinesh Dayal who headed the NADA-instituted panel, handed a reduced sentence since he considered the athletes were not significantly at fault.

"The athletes have been able to establish how the prohibited substance entered their body and that they bear no significant fault or negligence and are entitled a reduction in the period of ineligibility under Article 10.5.2 of the rules," the report said.

Mandeep Kaur reacted to the ban by putting up a brave front. "I have not given up hope. After enduring the worst period of my life I feel I have come out stronger. I have one or two chances left and I want to make them count," she said.

The panel, which also comprised former hockey Olympian Ashok Kumar and Dr NK Khadiya, also banned long-jumper Harikrishanan Muraleedharan for two years after finding anabolic steroids in his samples.

The athletes can appeal against the ban in NADA's appellate authority within two weeks.

The ban would come into effect from the date the athletes were suspended following the doping violations earlier this year.

Murmu and Mandeep were suspended on June 23, Jose and Tiana on June 30, and Akkunji and Panwar on July 4. Their ban would have ended by the time the Olympics begin in London, on July 27.

That, however, does not entitle them for participation in the mega event since barring Mandeep and Murmu, the others would be still serving the ban when the Athletic Association of India (AAI) conducts its last event for selection of athletes for the Olympics at the inter-state meet in Hyderabad from June 24-27, 2012.

According to sources, the AFI was not clear whether Mandeep and Murmu would be fielded in Hyderabad even if their ban would have ended. "I can't say. We will be fielding our best available athletes," he said.

New optical device to boost data processing

A new optical device, tiny enough to fit millions on a computer chip, could catalyse faster, more powerful information processing and supercomputers.

The "passive optical diode" is made from two tiny silicon rings measuring 10 microns across, or about a 10th the width of human hair.

Unlike other optical diodes, it does not require external assistance to transmit signals and can be readily integrated into computer chips.

The diode is capable of "non-reciprocal transmission", meaning it transmits signals in only one direction, making it capable of information processing, said Minghao Qi, associate professor of electrical and computer engineering at Purdue, the journal Science .

"This one-way transmission is the most fundamental part of a logic circuit, so our diodes open the door to optical information processing," said Qi, working with a team also led by Andrew Weiner, Purdue professor of electrical and computer engineering, according to a statement.

Although fibre optic cables transmit staggering amounts of data across oceans and continents, information processing is slowed and the data are susceptible to cyber attack when optical signals must be translated into electronic signals for use in computers, and vice versa.

"This translation requires expensive equipment," study co-author Jian Wang said. "What you'd rather be able to do is plug the fibre directly into computers with no translation needed, and then you get a lot of bandwidth and security."

EU to charge green tax from airlines

The European Union plans to charge a green tax on flights to the US from Jan 1.

The move is part of a carbon-trading rule on airlines using EU airports. A family of four now faces an extra charge of 80 pounds to fly to the US after the Brussels ruling on carbon emissions.

This comes on top of plans to increase air passenger duty departure levy from April, the Daily Express reported.

The EU carbon-trading rule is designed to curb emissions of carbon dioxide from aircraft engines. Each airline will be allocated pollution permits slightly less than its average emissions record for previous years.

If it exceeds its limit it can buy permits from other airlines that have emitted less than allowed and have leftover permits to sell.

The aim is to persuade or force airlines to emit less carbon by upgrading their fleets or becoming more efficient, the newspaper added. On Wednesday, the European Court of Justice in Luxembourg - the highest EU court - ruled the tax can be implemented.

Environmentalists have hailed the new law as the first step in controlling carbon emissions in a key economic sector, and EU officials said they expected all airlines to comply.

All revenue derived by the EU from the programme will go towards fighting climate change.

Anna Hazare to fast at Mumbai's MMRDA ground despite Bombay HC criticism

Hazare  made it clear that he will go ahead with his three-day fast in Mumbai from December 27 at MMRDA ground for which he will organise the Rs 7 lakh rent through donations as the Bombay High Court rejected a petition seeking discounted rates for the protest venue.

"MMRDA will give some concessions and the ground hire cost will be Rs 7 lakh. The donations will be accepted only by cheque and draft. We will also keep tab on the donors," he said in Ralegan Siddhi.

Hazare said his close aides Arvind Kejriwal and Kiran Bedi will join him in his fast in Mumbai while another group of activists will go on hunger strike in Delhi in support for a strong Lokpal bill.

He said it was wrong on part of his supporters to approach the court seeking concession for the venue and that if they had sought his opinion, he would not have allowed them to seek judicial intervention.

"Azad Maidan's area is not enough. MMRDA has said they would reduce the rent. They said if your organisation is registered, then we will reduce the rate. People have already offered to donate Rs one-two lakh. If people are ready to donatre and MMRDA is ready to reduce the rent, I asked them (supporters) to take it," Hazare told reporters.

Anna's satyagraha could be nuisance for others: HC

Coming down heavily on Team Anna's agitation, the Bombay high court on Friday said it can't allow "parallel canvassing" when Parliament is seized with debate on Lokpal bill and questioned its decision to seek exemption from charges to use MMRDA grounds for Anna Hazare's proposed fast.

The court refused to interfere in the matter, saying it cannot ask government authorities (MMRDA) to grant them exemption.

"It is not judicable. If we pass an order allowing your petition then even we will be interfering with the functioning of Parliament," a division bench of justices P B Majmudar and Mridula Bhatkar observed.

"We can't allow parallel canvassing when Parliament is seized with debate on the bill. You can propagate the bill sitting at home. Till now the bill has not been passed. No one knows what form and what features it will have. Is public debate permissible at this stage?," the court asked.

The court was hearing a petition filed by Jagrut Nagrik Manch, affiliated to Anna Hazare's India Against Corruption, seeking direction to government to allot the MMRDA ground in suburban Bandra-Kurla Complex either for free or at a concessional rate.

Disapproving of the agitation despite the Lokpal Bill being tabled in Parliament, Justice Majmudar asked, "How is country's interest involved? We are a democratic set up. We have elected a government. Wouldn't your agitation interfere in the functioning of Parliament? The bill will be debated in Parliament where our elected representatives will plead our case".

The court further said that as judges they have taken an oath to uphold the Constitution and law. "Under which law are you (petitioner) asking for exemption? It might be Satyagraha for you but for some other factions it might be a nuisance," it said.

The bench, however, asked Maharashtra government to inform whether it was ready to open the gates at Azad Maidan, the second option available for holding the fast from December 27, to allow Team Anna to have access to a larger area.

When the counsel for the petitioner informed the court that they have got permission for holding the fast in Delhi's Ramlila Maidan, the court said,"If Ramlila Ground is available, why don't you hold fast there."

Christmas - celebrating the birth of Jesus Christ


Christmas or Christmas Day is an auspicious religious festival for Christians. It is being celebrated every year on the specified date December 25 with great fervor to commemorate the birth and life of Lord Jesus Christ. Christians on this occasion gather at the churches in the morning for the 'church service', popularly known as mass, for Christ. Christmas, nominally a holiday is observed in various innovative ways apart from following traditional practices that includes: preparation of dishes, exchanging gifts, offering prayers and enjoying meal with family members. Following the centuries old customs and beliefs, Christians will observe Christmas 2011 on Sunday in the month of December.

For pilgrims and ardent followers of Jesus, Christmas is a season for pilgrimage. To make long and tiresome journeys to shrines or the sacred city Bethlehem, located in Palestine, Jerusalem that is believed to be the birthplace of Jesus according to the New Testament Gospels of Luke and Matthew.

Merriment of Christmas has a long history and believed to bring goodwill. For many people, this festival is truly a magical season as they can stay at their houses and spend some good moments with their friends and family members. Christmas is a very special occasion for children because they fantasize Santa Claus traveling a long journey carrying fancy gifts for them.

The festivity of Christmas usually continues nearly for a month. But preparation gears up a few weeks ahead of Christmas. Houses, churches and offices are fascinatingly embellished with colourful lights to mark the religious festival in a grand way. Delicious cuisines and traditional dishes such as turkey, fruit cake, roasted potatoes, fudges and more are an integral part of this celebration.

Christmas is celebrated across the world following customs that varies from one to another country. But certain customs prevails irrespective of geographical boundary that includes sending warm Christmas greetings, fancy Christmas gifts and Christmas cards; to hold nativity plays, beautify Christmas tree and visit church to sing Christmas songs praising or reliving baby Jesus and Holy Mother Mary.

The excitement of the festival is also expressed and shared with lovely and snappy Christmas SMS or messages. Happy Christmas and Merry Christmas quotes available in varied languages are also popular as successful medium to share the spirit of joy and peace of the occasion.

Christmas tree, known as Yule tree, has a distinctive significance in this festival. The Christmas tree is adorned with beautifully wrapped gifts, ribbons and attractive items to make the occasion more pleasant. But with the growing awareness to protect trees and go eco-friendly, people now opting for artificial Yule tree at their houses to observe Christmas.

Christmas is the best time for a vacation. As New Year follows the festivity, people plan for long rejuvenating vacation making the occasion a memorable one.

Gaga to gift unreleased songs to fans

London: Pop star Lady Gaga is treating her fans to a special festive gift - she plans to leak a previously unreleased song on Christmas Day.

The 'Poker Face' hitmaker wanted to reward her loyal devotees with a special treat over the holidays, and now she's decided to give them a song for free, reported Contactmusic.

The track was recorded on Gaga's tour bus during sessions for her 'Born This Way' album, but it is not known whether it is an unheard song or an alternative version of a track on the finished record.

"Been racking my brain on what to get Little Monsters for Christmas!! I finally figured it out!! On Christmas Day I will leak to you an unreleased song off Born This Way! It was recorded live, in one take, on the tour bus. Uncensored," Gaga tweeted

US stocks: Wall Street edges higher on mixed data



NEW YORK: US stocks edged higher on Friday, with the S&P 500 on track for a fourth straight day of gains as a batch of economic data pointed to an economy that continued to grow at a modest pace.

Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending, fell 1.2% last month after declining 0.9% in October, the government said. US consumer spending was tepid for the month.

In another report, new US single-family home sales rose to a seven-month high in November and the supply of houses on the market was the lowest in 5-1/2 years, adding to signs of a budding recovery in the secto"The data itself has been modestly stronger in the fourth quarter but nothing that changes the baseline slow growth story," said Andrew Slimmon, managing director, Global Investment Solutions of Morgan Stanley Smith Barney in Chicago.

"What is so tragic about 2011 is that investors have reacted poorly in multiple ways to a baseline economic story that has been incredibly consistent. The economy has been far less volatile than investors' expectations for what has been going on in the economy."

The Dow Jones industrial average gained 42.35 points, or 0.35%, to 12,212.00. The Standard & Poor's 500 Index rose 3.38 points, or 0.27%, to 1,257.38. The Nasdaq Composite Index added 1.09 points, or 0.04%, to 2,600.54.

The benchmark S&P has risen 3.1% this week as data pointed to a gradual improvement in the economy, nudging the index just above the unchanged mark for the year.

Volume was expected to be light ahead of the extended Christmas holiday weekend, and could spark exaggerated market swings. The New York Stock Exchange will have normal trading hours, but the bond market will close at 2:00 pm.

The US Congress approved a two-month extension of a payroll tax cut for 160 million American workers that otherwise would have expired on Dec. 31, wrapping up a tumultuous year of battles over spending and taxes.

SunPower Corp jumped 10.8% to $6.49 after the solar panels maker reached a deal to acquire rival Tenesol, a unit of France's Total SA. At the same time, Total is buying 18.6 million SunPower shares, raising its stake to about 66%.

WPX Energy Inc will replace Compuware Corp in the S&P 500 index, with Compuware replacing Exterran Holdings Inc in the S&P MidCap 400 index, Standard and Poor's said.

Exterran will replace Skyline Corp in the S&P SmallCap 600 index. The changes are effective at the close of trading on Friday, Dec. 30.r.

Hot Indian property destinations for NRIs in 2012


The Non Resident Indian (NRI) might as well remember 2011 as the year of the 'lazy investor'. For NRIs have gained 18% since August 2011, simply by remitting money to India; no effort at all. But as we approach 2012, NRIs must take stock of how best to use their remittances. The traditional favorite has always been real estate. But in this volatile market, how great an investment is it? Is this a good time to buy property in India? What kind of property is a good bet? Let's try to find answers.

Commercial property

Is it a good time to invest in commercial property in India?

"Yes," says Sanjay Dutt, CEO - Business, Jones Lang LaSalle India. "There are a number of reasons that come to mind. Firstly, India's growth story remains intact with just some relatively minor turbulence in the short term. Secondly, for NRIs, right now there is the straight advantage of exchange rate. The rate will eventually stabilize with Government intervention. Thirdly, property valuations, especially in the commercial space, have come down and are currently undervalued by 15-30%. Fourth, some of the developers are significantly leveraged (paying 13% interest rate for construction and 15% to 21% for land from NBFCs and private lenders). As a result they now want to take some cash out and invest in mid or low market fast moving residential. In short, there is pressure on developers. Lastly, vacancy rates in the office space are expected to be high. For instance, out of the 60 million square feet of supply that is expected to come in by the end of 2011, 25% is expected to be vacant. This will force developers to either lease cheap and/or sell cheap," he explains. "If you want sustainable yields and capital appreciation, this is the best time," Dutt concludes.

Having said that, Berinder Sahni Associate Director, Investment Services, India - Colliers International, advices that investors must stay invested in a property for at least the next 5 years to see a good return.

Which are the top cities for commercial real estate investment?

Sahni and Dutt, both list the following cities: Mumbai and Pune in the West, Delhi and NCR in the North and Bangalore, Chennai, and Hyderabad in the South.

What kind of commercial property should NRIs opt for? What are the potential yields?

There are 3 broad options in commercial property: front office space (like banks, MNCs), IT office space and high street retail space.

The kind of property that you choose would depend on your budget and risk profile. "In the case of office space, a good quality unit in Delhi and Mumbai would come at a budget of at least Rs 15-20 crore. In other cities like NCR, Pune, Bangalore, Chennai and to an extent in Hyderabad, you would have to put in at least Rs 10-15 crore. These properties would generate a rental yield of 10.5-11%," says Dutt.

Sahni adds, "The minimum size for a good commercial office space will be 2500 square feet. IT office space may come at a lower purchase price but the risk in IT spaces is higher right now. We believe that commercial office space can give you rental yield of 8-9% pre tax while IT spaces can generate slightly higher yields of 10-11% because of the inherent risk. Also, as you go closer to prime locations like Central Business District (CBD) areas, yields for all kinds of properties will drop to around 7%. Retail properties are slightly easier to handle because it's easier to find a tenant. Therefore, yields also tend to be lower at 6-7%. Moreover you can buy smaller spaces, as small as 500-600 square feet, in retail properties."

You can also choose the property based on your risk profile. For instance, you can buy a space in an under construction or new unit where you will be able to buy for cheap but you will also have to put in efforts to find a tenant and lease out the property. "We usually recommend our NRI clients to invest in 'pre-leased' properties, that is, those properties that already have a lease agreement in operation. You might have to pay a little more as compared to under construction or fresh properties but you are assured of lease rentals. Pre leased properties usually have a 3-5 year lock-in with a lease term of 9 years. Even smaller office spaces will have a 3 year lease term," explains Sahni.

What is the kind of capital appreciation one can expect from commercial property?

Both Sahni and Dutt believe that the commercial market is depressed right now. According to Sahni, you can expect a total annual return (rental yield plus capital appreciation) of at least 12% from commercial property right now. Dutt believes that commercial properties that are currently undervalued by 15-20% would rise to fair value within the next 2 years.

Having said that, in the property investment game, everything depends on location. "Outer ring road in Bangalore for instance will do better than Whitefield in terms of capital appreciation. Lower Parel and BKC in Mumbai will do better than Thane," Dutt explains.

Residential property

Is it a good time to invest in residential property in India?

"Anytime is a good time to buy a residential property in India," says Poonam Mahtani National Director, Residential Services, India - Colliers International, and she is quick to add, "It all depends on the location, developer and your risk appetite." We will come to these 3 factors in the next few points.

What are the key locations for residential property?

"Suburban locations of every metro are great investment options. So for instance, you have Gandhinagar near Ahmedabad, Nalasopara, Dahisar, Panvel, Pen and Kalamboli near Mumbai," says Dutt.

Mahtani places her bets on GST road, Porur and OMR in Chennai, North Bangalore largely Hibbal, Saha Shivnagar, Sarjapur Road and Whitefield in Bangalore, Dwarka Expressway in Gurgaon, Bandra East, Goregaon, Panvel in Mumbai and certain select developments in Lower parel, Mahalaxmi and Parel in Central Mumbai.

What kind of residential property should NRIs invest in? What are the potential yields?

"Under construction properties are great bets for those investing in residential property. There are risks of delays and often these delays are beyond the control of the developer. For instance, there may be policy changes or genuine raw material shortages. But if you choose a reputed developer and are mentally prepared for a delay of about 24 months, I assure you, the returns will be handsome," Mahtani says.

Yields from residential property are not high, "Yields can be as low as 3% but in the case of residential property, the important thing is capital appreciation," Dutt explains. Mahtani agrees, adding, "In residential property, giving your house on rent will be for reasons other than great returns. Your house will be maintained, your EMIs if any would get covered."

What is the capital appreciation one can expect?

Mahtani gives us an interesting matrix that explains the risk return paradigm.

Stage
  

Level of completion
  

Capital appreciation
  

Time to completion

I
  

Developer has just acquired land
  

Minimum 50% absolute returns until completion;
  

5-7 years

II
  

Plans are in place but approvals are not
  

Minimum 35-40% absolute returns until completion
  

3-5 years

III
  

Approvals in place, project is launched
  

Minimum 25-30% absolute returns until completion
  

Up to 3 years

IV
  

Ready property
  

Minimum 10-15% year on year capital appreciation
  

The above would vary depending on location of the property, developer reputation and overall economic sentiments.

Other options

For those with lower budgets, a real estate fund maybe a good option. These are similar to mutual funds but are usually close ended. That is, investors can enter only at the time of launch of the fund and must stay locked in for the duration of the fund. They have a minimum ticket size of at least Rs 25 lakh. Apart from lower entry price, these funds also offer the benefit of diversifying into various real estate properties and that too, with the help of a professional manager.

To sum up

Another important thing in property investment, whether residential or commercial, is to buy from a developer of repute who has all his approvals in place. Secondly, it is best to appoint a lawyer to check all these approvals. Sahni also adds, "Commercial property needs greater active management as compared to residential. So make sure you are prepared to put in the time and efforts."

Investing in property can be a challenging task, apart from being high ticket. It is best to consult a professional before taking the plunge.

Dutt sums it up aptly: "Location, Title, Development - Mid and low segment residential or Office (IT or Corporate office) with financial closure and marketing ability of the developer, lower rental, covenant of the lease for tenanted property and tenant profile and finally 'timing' all add up to a 'good investment decision."

0 New USB Rocket Launcher Matches Your Scorched-Earth Management Style

 USB rocket launchers are nothing new, but this model now supports direct control via an iPhone or iPad, allowing you to remotely aim and rain down hellfire upon unsuspecting office mates from outside of the room. Casual Body Armor Friday will never be the same.

With a 270°horizontal rotation, a vertical flexibility of more than 40° and a shooting distance of around 25 feet, the iLaunch Thunder will cover more than 1,400 square feet of your workspace. That definitely gives you more than enough coverage to declare some serious office warfare!

The launcher connects to your phone via Bluetooth and you can aim remotely. Sadly, there is no built-in camera for aiming more precisely and at $82 it’s a bit expensive, but it may be just the thing you need to unleash hell on accounting.

Iomega 2TB Mac Companion Hard Drive

Iomega’s Mac Companion hard drive is a 2TB ($349, 3TB model is $449) desktop drive with a few features that make it interesting to the average Mac (or PC) owner. While it doesn’t have the bells, whistles, and network access of many NAS and home storage devices, it does look good next to your iMac.

The drive is clad in brushed aluminum with a black glossy top panel and a two-port USB hub in back. You can also daisy-chain Firewire devices through the rear Firewire ports for 800mbps data transfers.

Krups EA82 Automatic Espresso Maker Makes You Love To Love It

I was about to add this coffee maker (excuse me: espresso maker) to the Luddite gift guide but instead I felt it deserved special mention. As a fan of pod-based coffee-makers, I love almost everything about the EA82 – except its price.

This thing is a dense block of coffee-creation goodness. Operation is simple – add some water, whole beans, and a cup. You select the type of coffee – espresso or regular – and press a button. The machine does everything from grinding the beans, heating the the milk and water, and blowing out delicious coffee with just the right top of frothy crema.

The kit also includes a milk steamer and separate milk container for making endless cappuccinos and lattes.

The entire thing is self-cleaning and all you have to do is dump the grounds and some excess water. It comes in red and black, so you can buy one of each to match each of your kitchens.

Now for the bad news: this thing costs $795 on a good day and has an MSRP of $1,200, which is just about as nutso as it gets. However, I assure you that the coffee this thing pumps out is just about the best stuff that I’ve tasted in a long while and it will definitely steer you away from those $6-a-cup joints down in the building lobby.

There is, obviously, no way the average person would invest this much in a coffee maker, but if you’re running a small office this may save you quite a bit of cash in the long run. The system is solid, handsome, and easy-to-use and it definitely saves on the $1.25-per-cup price of many pod makers. For personal use a French press would probably produce equally good coffee, but the clean-up time and simplicity of this system is too nice to ignore.

Hopefully this coffee monster falls in price over the next few months and allows everyone to enjoy her freshly brewed goodness. Until then, I’ll drink cup after cup of coffee out of this loaner unit they sent me and cry, my lamentations rattling the heavens, when it’s time for it to go back.

Things For The Audio Lover In Your Life

You’ve got a few hours left before all of the free “Get it before Christmas!” shipping deals come to a close, and you’ve still got people left gift-less. What ever will you do?

Give’m the gift that just about everyone would love: pornography booze the gift of music! We’ve had all sorts of aural accessories come through our office in the last year, so join us after the jump for a quick, last-minute recap of some of our favorites.