Google Chairman Eric Schmidt weighs in on patent issues: They’re ‘Terrible’

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Patents are a tricky thing these days.

Eric Schmidt, Google’s Executive Chairman and former CEO, took the stage at the Dreamforce conference in San Francisco today to talk about a host of topics, including the success of Google Apps, his feelings about Steve Jobs, Google’s recent acquisition of Motorola, with the conversation with Salesforce CEO Marc Benioff even ranging into Schmidt’s thoughts on the current landscape facing the U.S. patent market.

The executive chairman began by addressing the purchase of Nortel Networks’ roster of patents by a group of buyers that included some of Google’s rivals, including Microsoft and Apple. TechCruncher MG Siegler covered the back-and-forth between Google and Microsoft that unfolded in regard to the supposition that the group that bought the Nortel patents was effectively attempting to cut the legs out from underneath Android…

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Health care fraud prosecutions could rise 85% in 2011

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Health and Human Services Secretary Kathleen Sebelius speaks about the Medicare Fraud Strike Force.

Federal health care fraud prosecutions in the first eight months of 2011 are on pace to rise 85% over last year due in large part to ramped-up enforcement efforts under the Obama administration, according to new government statistics.

 

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Brazil builds $127 billion “Offshore City” to harvest oil in the deep sea

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Brazil is set to start gathering oil in new places.

Want to get a feel for how crazy the post-peak oil fossil fuels industry is getting? Here’s as good an example as any: Brazil’s state-owned oil company Petrobras is about to embark on an unprecedented oil-gathering mission. It’s about to attempt to extract 30 billion barrels of oil from reserves that are locked in deepwater sub-salt fields at least 60 miles off the coast and up to five miles underwater. In order to get at the incredibly hard-to-get oily good stuff, Brazil is spending an estimated $226 billion — and $127 billion will be spent on exploration and production alone.

The product of that venture is already taking shape: a veritable floating “offshore city” has sprung up over 100 kilometers (62 miles) off the coast of Brazil, and it will lead the effort to drill into the deep sea sub-salt…

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Silicon Valley Billionaire funding creation of Artificial Libertarian Islands

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Seasteading Institute city design (Anthony Ling)

The Seasteading Institute has plans to build floating cities out in the ocean. Now Paypal founder Peter Theil has recently  given  1.25 million dollars to the group in an effort to create Libertarian countries out of these floating cities…

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NYPD forms new unit to track troublemakers on social media sites

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The NYPD has formed Facebook and Twitter units in order to track down and monitor criminals and criminal behavior on social media sites.

The New York Police Department has formed a new unit to track troublemakers who announce plans or brag about their crimes on Twitter, MySpace and Facebook.

 

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China launches its first ever aircraft carrier

There’s no denying that China is a growing super power. It dominates manufacturing after drawing western countries with cheap labor prices and readily available materials, until recently it had a stranglehold on supplies of rare earth minerals, and while Western markets are struggling with debt it has enough money to invest heavily in businesses around the world.

The latest step forward for the country is the launching of a 300-meter-long, 60,000 ton aircraft carrier…

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Rethinking the Court of Public Opinion

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Futurist Thomas Frey:  American TV personality Ryan Seacrest has a grim look on his face as he walks briskly across the stage. Turning to the camera, he pauses briefly before saying, “You have heard the arguments, listened to the experts, and seen the photos. But now it is up to you to decide the fate of Mr. Howard Cullens.”

 

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Philips LED light wins U.S. Department of Energy’s $10m ‘Lighting Prize’

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It looks like the Philips AmbientLED has won the U.S. Department of Energy’s Lighting Prize (modeled on the original X-Prize). The goal was to help “transform lighting technology” by making it more efficient. To win, the Philips LED had to go through some pretty sophisticated tests (see the video below) to make sure the light quality was good and that it was durable…  (video after jump)

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