Sony to Drop PS Vita’s Price Tag by About $50 — in Japan
Label: TechnologyIt seems that the people in charge of Sony‘s gaming division have finally made up their minds about the PS Vita‘s pricing. During an online Sony event, the company has announced that both the WiFi and the 3G models of the powerful gaming handheld will have their prices cut to 19,980 yen, or about 20 percent to a third depending on the model, according to Sam Byford of The Verge. Does this mean we’ll be seeing a price drop here in the U.S.? If so, when and by how much?
Why would Sony drop the price?
The PS Vita is currently the most powerful handheld gaming console available. It’s roughly as powerful as Sony’s PlayStation 3 home game console — some games are even available on both, and can be purchased simultaneously through Sony’s cross-buy program. But it’s also about as expensive, at $ 249 USD. And that’s before adding a memory card, which is essential for storing downloaded games and can cost up to $ 99 for a 32 GB card. (PS Vita memory cards use a proprietary format, and there are no third-party versions available.)
The Nintendo 3DS handheld console wasn’t selling well either, until Nintendo dropped the price on it dramatically last year. It’s now picking up steam, and Sony execs may have noticed the difference.
Is a price drop likely?
Just last month, Sony CEO Kaz Hirai was talking about looking to the “long term” when it came to sales of the PS Vita, which had only sold about 2 million units worldwide a half year or so since its launch. But then, a couple weeks ago, Sony exec Masaru Kato mentioned the Vita’s “pricing” as one of the “things that we are looking into” for improving its sales. With the price drop now announced in Japan, the odds of one occurring here in the States just went up.
How much is the price drop?
Gematsu’s Sal Romano explains that the PS Vita’s former price, 24,980 yen, became $ 249 here in the States, even though it more directly compares to a $ 269 price tag (the same as a low-end PlayStation 3). Because of this, it’s possible that the new price of 19,980 yen may become $ 199, even though Byford says that a more direct currency exchange would make it worth $ 215.
When would this happen?
The price drop will occur in Japan on Feb. 28. As far as the rest of the world goes, the most likely time for any announcements regarding the PlayStation brand would be Sony’s big upcoming event on Wednesday. Among other things, it’s expected that the “PlayStation 4″ (its actual name yet unknown) will be announced there.
Jared Spurbeck is an open-source software enthusiast, who uses an Android phone and an Ubuntu laptop PC. He has been writing about technology and electronics since 2008.
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Chaz Bono: How I Lost 43 Lbs. - and Hope to Lose More
Label: LifestyleChaz Bono, before and after losing weight
Courtesy CBS Television Distribution
Chaz Bono's 2013 has gotten off to a healthy start!
The former Dancing with the Stars contestant, 43, has already dropped 43 lbs. since announcing his public mission to lose 50 lbs. beginning in mid-November.
He's now upped his goal to dropping a total of 80 lbs.
"I've been sticking to a really strict diet," he tells PEOPLE. "It's not any type of starvation thing. I'm just cutting out a lot of stuff and eating primarily protein and vegetables and fruit."
Bono, who weighed 250 lbs. pre-diet, first addressed his goal publicly with Dr. Travis Stork on an episode of The Doctors, after being approached by the show to get help.
"That episode was the most uncomfortable I've ever been on television in my life," Bono admits. "I had been wanting to lose weight. It was something I had been trying to do and failing at. This opportunity just kind of came in, and my initial reaction was 'absolutely not.' And after that, the more I thought about it, I realized I've been wanting to deal with this issue and somebody's willing to help me do it, so I decided to throw my pride away and get help."
The initial weight-loss process actually wasn't too challenging. He shed the pounds with the help of exercise and the Freshology delivered-meal plan.
"It hasn't been that long, but when you're a guy and you've got a lot of weight to lose, the initial stuff comes off pretty easily," says Bono, who'll return to The Doctors Wednesday to show off his weight loss. (check local listings). "You start to see results and you want to keep going. It's not to say you don't have cravings sometimes, but I'm very happy with how I'm looking and feeling. Especially when I'm traveling or I have to go out to eat or whatever, it's actually kind of easier than I thought to [eat healthy], so that's been good."
But now, the pounds aren't coming off as easily.
A Challenging Plan
"It's getting harder," he explains. "I'm just kind of at a little plateau right now, which I think is pretty normal, according to my doctor. The weight was falling off at first, and now it's just coming off slower. The smaller you are, the harder it is to lose weight. The last 10 or 20 lbs. are really hard to get off. I would like to lose more than that. I'm still dropping, but I'm just not dropping like I was in the beginning, which was about 4 lbs. a week."Despite the lull in his weight loss, Bono is continuing along strong with his journey.
"There haven't really been any bad parts to this so far, except certain stuff that I miss eating," he says. "But ultimately, I would much rather look and feel better than eat those things. Everything else has been really great. I feel better and when I look in the mirror, I like what I see better."
But when it comes to offering guidance to others going through the same thing, Bono will steer clear.
"I don't want to ever be that guy [to give advice]," he says. "I've struggled with weight my whole life. I don't ever want to be the guy to say, 'Just do this.' For me, it was finally getting to a place where I was willing to do whatever it took to deal with this. When you get to that point, then whatever way you choose to do it, it's going to work."
And Bono is adamant about keeping it off.
"I'm willing to kind of never eat the things I like again," he said with a laugh. "Never say never, and I know it happens a lot, but I really want to do everything I can to avoid gaining it back. I'm not going into it thinking I'm going to do that. I'm going into it thinking I'm too old to [expletive] around with that. I need to keep my weight down, moving forward, in order to be healthy."
Study: Better TV might improve kids' behavior
Label: HealthSEATTLE (AP) — Teaching parents to switch channels from violent shows to educational TV can improve preschoolers' behavior, even without getting them to watch less, a study found.
The results were modest and faded over time, but may hold promise for finding ways to help young children avoid aggressive, violent behavior, the study authors and other doctors said.
"It's not just about turning off the television. It's about changing the channel. What children watch is as important as how much they watch," said lead author Dr. Dimitri Christakis, a pediatrician and researcher at Seattle Children's Research Institute.
The research was to be published online Monday by the journal Pediatrics.
The study involved 565 Seattle parents, who periodically filled out TV-watching diaries and questionnaires measuring their child's behavior.
Half were coached for six months on getting their 3-to-5-year-old kids to watch shows like "Sesame Street" and "Dora the Explorer" rather than more violent programs like "Power Rangers." The results were compared with kids whose parents who got advice on healthy eating instead.
At six months, children in both groups showed improved behavior, but there was a little bit more improvement in the group that was coached on their TV watching.
By one year, there was no meaningful difference between the two groups overall. Low-income boys appeared to get the most short-term benefit.
"That's important because they are at the greatest risk, both for being perpetrators of aggression in real life, but also being victims of aggression," Christakis said.
The study has some flaws. The parents weren't told the purpose of the study, but the authors concede they probably figured it out and that might have affected the results.
Before the study, the children averaged about 1½ hours of TV, video and computer game watching a day, with violent content making up about a quarter of that time. By the end of the study, that increased by up to 10 minutes. Those in the TV coaching group increased their time with positive shows; the healthy eating group watched more violent TV.
Nancy Jensen, who took part with her now 6-year-old daughter, said the study was a wake-up call.
"I didn't realize how much Elizabeth was watching and how much she was watching on her own," she said.
Jensen said her daughter's behavior improved after making changes, and she continues to control what Elizabeth and her 2-year-old brother, Joe, watch. She also decided to replace most of Elizabeth's TV time with games, art and outdoor fun.
During a recent visit to their Seattle home, the children seemed more interested in playing with blocks and running around outside than watching TV.
Another researcher who was not involved in this study but also focuses his work on kids and television commended Christakis for taking a look at the influence of positive TV programs, instead of focusing on the impact of violent TV.
"I think it's fabulous that people are looking on the positive side. Because no one's going to stop watching TV, we have to have viable alternatives for kids," said Dr. Michael Rich, director of the Center on Media and Child Health at Children's Hospital Boston.
____
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Yen resumes fall after G20, U.S. holiday thins trade
Label: BusinessLONDON (Reuters) - The yen resumed falling on Monday after Japan signaled it would push ahead with expansionist monetary policies having escaped criticism from the world's 20 biggest economies at the weekend.
Industrial metals also dipped and European shares were soft on lingering worries about the economic outlook, especially for the euro zone. While the risk of an inconclusive outcome in Italy's forthcoming election added to investor concerns.
However, activity was curtailed by the closure of markets in the United States for the Presidents' Day holiday.
The yen, which has dropped 20 percent against the dollar since mid-November, fell further after financial leaders from the G20 promised not to devalue their currencies to boost exports and avoided singling out Japan for any direct criticism.
The dollar rose 0.5 percent to 93.95 yen, near a 33-month peak of 94.47 yen set a week ago. The euro added 0.3 percent to 125.40 yen, to be midway between Friday's two-week low of 122.90 and a 34-month high of 127.71 yen hit earlier this month.
Strategists said the yen was likely to stay weak, though its decline could lose momentum until it becomes clear who will be taking the helm at the Bank of Japan when the current governor steps down on March 19.
"The yen probably will weaken a little further in anticipation of more aggressive easing under a new leadership team at the Bank of Japan," said Julian Jessop, chief global economist at Capital Economics.
Japan's Prime Minister Shinzo Abe is poised to nominate the new governor in the next few days. Sources have told Reuters that former financial bureaucrat Toshiro Muto, considered likely to be less radical than other candidates, was leading the field.
Meanwhile the euro dipped slightly against the dollar when European Central Bank president Mario Draghi said the currency's recent gains made any rise in inflation less likely and added that he had yet to see any improvement in the euro zone economy.
Speaking before the European Parliament, Draghi said the euro's exchange rate was not a policy target but was important for growth and stability, adding that appreciation of the euro "is a risk".
The comments left the euro down 0.2 percent at $1.3334.
Elsewhere in the currency market, sterling hit a seven-month low against the dollar, after a key policymaker made comments about the need for further weakness and recent poor data which has kept alive worries of another British recession.
Sterling fell 0.25 percent to $1.5476 having earlier touched $1.5438, its lowest since July 13.
DATA LOOMS
A big week for data on the outlook for the world's economy weighed on other riskier asset markets following the recent dire fourth-quarter growth numbers for the euro zone and Japan, along with Friday's soft U.S. manufacturing figures.
In European markets, attention is focused on the euro area Purchasing Managers' Indexes for February and German sentiment indices due later in the week which could affect hopes for a recovery this year.
Analysts expect Thursday's euro area flash PMI indices, which offer pointers to economic activity around six months out, to show growth stabilizing across the recession-hit region, leaving intact hopes for a recovery in the second half of 2013.
Concerns over an inconclusive outcome in the Italian election on Sunday and Monday have added to the weaker sentiment as a fragmented parliament could hamper a future government's efforts to reform the struggling economy.
The worries about the outlook for Italy were encouraging investors back into safe-haven German government bonds on Monday, with 10-year Bund yields easing 3.5 basis points to be around 1.63 percent.
"Political uncertainty will keep Bunds well bid this week," ING rate strategist Alessandro Giansanti said, adding that only better than expected economic data could create selling pressure on German debt in the near term.
Italian 10-year yields were 4 basis points higher on the day at 4.41 percent.
EARNINGS HIT
European equity markets were taking their lead from corporate earnings reports which have been reflecting the sluggish economic conditions across the region.
Danish brewer Carlsberg
The 5.8-percent drop for shares in the world's fourth biggest brewery helped send the FTSEurofirst 300 index <.fteu3> of top European shares down 0.2 percent. Germany's DAX <.gdaxi>, France's CAC-40 <.fchi> and Britain's FTSE-100 <.ftse> ranged between 0.4 percent up and 0.15 percent lower.
Earlier, the G20 statement and subsequent comment from Prime Minster Abe indicating a renewed drive to stimulate the Japanese economy lifted the Nikkei stock index <.n225> by 2.1 percent, near to its highest level since September 2008.
MSCI's world equity index <.miwd00000pus> was flat as markets extended a two-week period of consolidation that has followed the big run-up in January, when demand was buoyed by the efforts of central banks to stimulate the world economy.
Data from EPFR Global, a U.S.-based firm that tracks the flows and allocations of funds globally, shows investors pulled $3.62 billion from U.S. stock funds in the latest week, the most in 10 weeks after taking a neutral stance the prior week.
But demand for emerging market equities remained strong, with investors putting $1.81 billion in new cash into stock funds, the fund-tracking firm said.
CHINA RETURN
In the commodity markets, traders played catch-up after a week-long holiday last week in China, the world's second biggest consumer of many raw materials, which had kept activity subdued, with worries about the economic outlook weighing on sentiment.
Copper, for which China is the world's largest consumer, dipped to a near three-week low at $8,125.25 a metric ton (1.1023 tons) on the London futures market. Benchmark tin and nickel also touched three-week lows.
Gold managed to edge away from six-month lows as jewelers in China returned to the physical market after the Lunar New Year holiday but a lack of demand from U.S. markets saw the precious metal slip back to be down 0.1 percent to $1,607.06 an ounce.
Crude oil markets were mostly steady after the weak U.S. industrial production data on Friday [ID:nL1N0BF44A] was seen dampening demand, while tensions in the Middle East lent some support.
"We continue to see a mixed picture out of the United States. Industry output was lower than expected but that shouldn't affect the general upward direction," Olivier Jakob, analyst at Geneva-based Petromatrix, said.
Brent crude was down 20 cents at $117.46 a barrel after posting its first weekly loss since the first half of January. U.S. crude slipped 24 cents to $95.62.
(Additional reporting by Marius Zaharia and Ron Bousso; Editing by Philippa Fletcher and Alastair Macdonald)
Facebook paid no taxes in 2012
Label: Technology2012 was a big year for Facebook (FB). The company’s initial public offering last May was the largest Internet IPO in history even though it was an absolute mess, and Facebook managed record profits of roughly $ 1 billion for the full year. Despite its huge profit in 2012, Facebook will pay no federal or state taxes on its income — in fact it will get a $ 429 million refund instead, thanks to a tax reduction for executive stock options. Fox News reports that Facebook will continue to get huge tax breaks totaling about $ 3 billion in the coming years, as well.
[More from BGR: Best Buy makes online price-matching policy permanent]
“The employees cash in stock options, and at that point there is tax deduction for the company,” Robert McIntyre of watchdog group Citizens for Tax Justice told Fox News during an interview. “Because even though it doesn’t cost Facebook a nickel, the government treats it as wages and they get a deduction for it. And usually it doesn’t wipe out companies whole tax bill, although many companies get big breaks from it.”
This article was originally published on BGR.com
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Carrie Underwood's Light-Up Dress Makes Readers Say 'Wow'
Label: LifestyleWhat's on the minds of PEOPLE readers this week? We love knowing your response to the news – and, as always, you had lots to say about all of our stories.
From a heartfelt (and funny) "baby announcement" for a 13-year-old to your sadness over the shocking news that Olympian Oscar Pistorius has been charged in South Africa with allegedly murdering his model girlfriend, readers responded with what made them angry, happy and also laugh out loud this week.
Check out the articles with the top reactions on the site this week, and keep clicking on the emoticons at the bottom of every story to tell us what you think.
Kelli Higgins and her husband opened their hearts big enough to adopt son Latrell and his sister Chanya in 2011. After the parents expressed sadness that they'd never have baby photos of the pair to add to their family album, Chanya, 12, suggested a photo shoot that ended up with photos of Latrell, 13, swaddled in blankets much like a newborn.
Readers were wowed by country singer Carrie Underwood's princess-style gown at the Grammy Awards, worn during her performance of "Blown Away." Not only was the silver gown stunning, it also provided a surprise light show, glowing with special effects that dazzled the audience with a visual surprise.
Our readers joined the royal family in expressing outrage after photos were published of the Duchess of Cambridge wearing a bikini – and showing off her small baby bump – as she happily vacationed on the private island of Mustique last week with Prince William. A spokesman for the couple at St. James Palace, who called the photos a disappointment, told PEOPLE: "This is a clear breach of the couple's right to privacy."
Readers were saddened by the shocking news that South African sprinter Oscar Pistorius, known as a hero around the world as the "Blade Runner," has been charged with murder in the death of his model girlfriend Reva Steenkamp, 24. Pistorius, 26, wept in court Friday as charges were read.
Readers were amused by news that one of The Bachelor's most colorful contestants this season is now allegedly engaged. Tierra LiCausi, 24, proved much-watch TV as she schemed, fought and cried in a failed effort to win Sean Lowe's love.
Check back next week for another must-read roundup, and see what readers are reacting to every day here.
UN warns risk of hepatitis E in S. Sudan grows
Label: HealthGENEVA (AP) — The United Nations says an outbreak of hepatitis E has killed 111 refugees in camps in South Sudan since July, and has become endemic in the region.
U.N. refugee agency spokesman Adrian Edwards says the influx of people to the camps from neighboring Sudan is believed to be one of the factors in the rapid spread of the contagious, life-threatening inflammatory viral disease of the liver.
Edwards said Friday that the camps have been hit by 6,017 cases of hepatitis E, which is spread through contaminated food and water.
He says the largest number of cases and suspected cases is in the Yusuf Batil camp in Upper Nile state, which houses 37,229 refugees fleeing fighting between rebels and the Sudanese government.
Florida hit by "tsunami" of tax identity fraud
Label: BusinessMIAMI (Reuters) - Bruce Parton was only a few weeks from retirement after 30 years as a mail carrier in sunny Florida.
He never lived to fulfill his retirement plan of moving back to a quiet life in the Catskill mountains of New York, not far from where he grew up on Long Island.
Instead, he was gunned down on his daily mail route in December 2010 by members of an identity theft ring who stole his master key as part of a scheme to claim fraudulent tax refunds.
Using stolen names and Social Security numbers, criminals are filing phony electronic tax forms to claim refunds, exploiting a slow-moving federal bureaucracy to collect the money before victims, or the Internal Revenue Service, discover the fraud.
Parton was a victim of what officials say has ballooned into a massive, and dangerous, illegal industry that could cost the nation $21 billion over the next five years, according to the U.S. Treasury Department.
While that is a relatively small sum compared to the $1.1 trillion collected from individual tax payers in the last fiscal year, the crime has been growing by leaps and bounds in the last three years.
"We are on the top of a national trend that is causing a hemorrhage of tax dollars," said Wifredo Ferrer, United States Attorney for south Florida. "It's a tsunami of fraud."
While the IRS says it has detected cases in every state except North Dakota and West Virginia, the fraud's epicenter is Florida, and it is mostly concentrated in Miami and Tampa.
Miami has 46 times the per-capita rate of false tax refund claims than the rest of the country, and 70 times the national average in dollar terms, Ferrer told Reuters.
"For whatever reason, we always tend to lead the nation when it comes to fraud," he said, noting that his office has been battling massive Medicare fraud in recent years that has since spread to other parts of the country.
Florida's high proportion of older residents, who can be more vulnerable to fraud, may be one reason for the high levels of fraud in the state.
Nationwide, the number of cases of tax identity theft detected by authorities sky-rocketed to more than 1.2 million cases in 2012 from only 48,000 in 2008, according to the Treasury Department.
The real number of phony tax filings is likely much higher as the fraud is hard to track, according to a November General Accountability Office report.
GANG LINKS
The tax ID theft problem is particularly troubling as, unlike Medicare fraud, it is associated with violent crime and armed gangs.
Tampa police first detected it in 2010 when officers discovered wanted street criminals engaged in tax fraud. "They were holed up in hotels with laptops churning out tax claims," said congresswoman Kathy Castor, who represents the area and is pressing the IRS to get tougher on the fraud.
When agents raided a Howard Johnson in East Tampa in late 2010, they found suspects smoking marijuana and four laptop computers being used to file fraudulent tax returns on Turbo Tax, the tax preparation software, according to police records.
The suspects had lists of personal information containing more than 1,000 names and confidential personal information, multiple re-loadable debit cards, and records of numerous financial transactions. The investigation revealed that the suspects had been camped out in the hotel room for more than a week filing claims.
Tax identity fraudsters are apparently drawn by the ease of the crime, officials say.
"The scheme is very basic, it works virtually the same in almost every case," said Ferrer. "All they need is your name and the tax ID number."
Armed with that information a refund claim can be filed electronically, making up other details on the form, including addresses, employer data, income and deductions.
Criminals obtain the vital numbers using various tactics, often by bribing office workers with access to personnel files inside companies, as well as large public institutions such as hospitals and schools, according to prosecutors.
Last summer a hacker stole 3.8 million unencrypted tax records from the South Carolina Department of Revenue in what is believed to be the largest security breach of a U.S. tax agency. Authorities say they do not know the hacker's motive.
One North Miami man, Rodney Saint Fleur, was charged last year with using the LexisNexis research service account at the law firm where he worked to access names and Social Security numbers of 26,000 people as part of an identity theft scheme, according to court documents.
Victims in Florida have varied from hospital patients, to Holocaust survivors at an elderly Jewish community center, as well as active duty military serving overseas.
In December, a former U.S. Marine from North Miami was sentenced to nearly five years in prison for stealing the identities of more than 40 fellow Marines stationed at Camp Leatherneck in Afghanistan as part of a plot to claim $54,000 in fraudulent income-tax refunds.
In Parton's case the criminals were after his master key that gives postal workers access to mail drop-off boxes and apartment mailboxes. He was shot twice in the chest by a gunman as part of a plot to steal identities in people's mail for tax refund fraud.
The gunman, Pikerson Mentor, 31, was sentenced last month to life plus 42 years.
More than 600 people turned up for Parton's funeral, including postal workers and people who got to know him on his route. "He had been doing that mail route for 10 years and he always had a smile for everyone," said his daughter, Nina Parton.
The criminals stay under the radar using identities of the elderly or the very young, who are unlikely to be filing for earned income, as well as the deceased. They typically claim small refunds, around $3,000, but use multiple identities, with payments often made to pre-paid debit cards.
FIGHTING BACK
The IRS said last week it is intensifying a crackdown on identify theft, with 3,000 agents devoted to tackling the problem, double the number assigned in 2011.
The number of IRS criminal investigations into identity theft more than tripled in the year to September 2012, and it was on pace to double again this year, acting IRS Commissioner Steven Miller told reporters.
The tax collection agency prevented $20 billion in attempted tax refund fraud in fiscal year 2012, up from $14 billion a year earlier, he said.
"It's one of the biggest challenges that faces the IRS today," Miller said. "We're doing much better on all fronts but we have much more to do."
Despite the increase in investigations, the agency still had a backlog of 300,000 cases of people waiting for legitimate refunds after they were victims of fraud. It takes an average of six months to resolve a case, Miller said.
"The IRS have put a lot of resources on it, but they always seem to be behind the curve," said Keith Fogg, a tax professor at Villanova University School of Law.
Electronic filing, which now accounts for 80 percent of returns and was introduced to speed up delivery of refunds, has made the system more vulnerable to fraud.
The IRS is seeking to speed up the loading of data from W-2 payroll forms issued at the beginning of the tax season, a time lapse which gives fraudsters a window of opportunity to file using false data.
The IRS is also looking for ways to authenticate the identity of tax filers at the time of filing to pre-empt fraud, as well as working with the Social Security Administration to limit access to a registry of social security data of deceased tax payers, the so-called "Death Master File", a frequent target of fraud.
"We will not be prosecuting our way out of this. That's not going to be the answer. We're going to have to make it more and more difficult for criminals to profit from this behavior," said Miller. "If they're not successful they will move onto something else."
(Editing by Mary Milliken and Claudia Parsons)
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