The news cycle this week is piggate, refugees/migrants and VW catastrophe. Isnt it the Lib Dems conference this week but I don't see it covered on the media - shame really!!!
A couple of people have referred to "Mr Whippy". I didn't see anything - wassup?
Farron has proposed stopping vehicles from running their engines while parked. ...
Running an engine unnecessarily whilst stationary always used to be an offence in law. Was it ever made legal and if not has anyone pointed that out to Farron?
To be fair it was not Farron who made this pledge. It was a resolution passed by the Lib Dem conference. Farron was on the radio yesterday trying to argue it was not going to be Lib Dem policy.
To clarify the resolution only applied to diesel engines but it does cover any and all - including ice cream vans which have to have their engine running and also trains at stations or waiting at red lights. I am not sure how many diesel trains there still are but I am also not sure the train operators will be impressed by the idea the trains have to shut down every time they stop moving. Maybe JJ can explain if this is a problem or not as I don't know the technicalities.
On another note, I spent a very interesting few hours at the ARM campus in Cambridge today. What an excellent company. It deserves a lot more recognition than it gets.
Ah, glad you enjoyed it. It's rather a magical place.
Some truly great engineers work there. And yes, they deserve more recognition as one of Britain's most influential companies.
Yep, the engineers are superb and they are recruiting from the very top tier of US companies now they were telling me. Given the wages paid at those places that is pretty amazing. But ARM's reputation makes it competitive. They are going to be doing very big things over the coming years if half of what I heard comes off. Convergence is working very nicely for them.
On another note, I spent a very interesting few hours at the ARM campus in Cambridge today. What an excellent company. It deserves a lot more recognition than it gets.
It's a superb company, and my best ever investment. When ARM went public in 1998, I couldn't believe how low the valuation was (from memory, about £250m). No matter how I did the sums, I couldn't see how it could be worth less than about ten times as much. And the thing was that the future success of the company was basically already in the bag: anyone who read the technical press at the time would have seen that the entire industry was moving to adapt ARM technology for portable devices and for many other applications. It was almost impossible for it not to succeed hugely. I eventually sold my investment for thirty times what I'd paid for it.
Join the club, although as I didn't need to buy all of my shares, I probably made a near-infinite profit on those particular tranches ...
Talking of which, I really need to do some work to keep current on the latest developments.
How can a 62 year old drug still have rights to sell other than (potentially) branding?
Congratulations to those Americans who think privatised medicine is good for them.
It happens in the UK as well. Google Pfizer and Flynn if you want. So it's not a factor of privatised medicine.
I haven't read up on this specific case, but it is a dark underbelly of the industry that these price gougers exist. It's not good for the patients, it's not good for the payors and it's not good for the industry as a whole. R&D is hideously expensive and risky, so you do need high prices on innovative drugs to fund it, but 20 years is quite long enough to generate returns: I'm fine with aggressive generics and fortunately payors are now wise to many of the old tricks (me-toos, reformulations, etc). Those patent extensions (paediatric extension, orphans, spc, data exclusivity) all exist for a reason & are an acceptable trade off.
But gougers should be shot at dawn
(I actually spent much of the morning gossiping with a former members of the senior leadership team at GSK and he pretty much agreed with the above)
You maybe fine with aggressive generics, Mr. Charles, but I think there is a very large and very under reported problem with quality control with medicines from at least some. One day the excrement will hit the fan and there will be a great wailing and gnashing of teeth the like of which we have not seen for many a year.
Quality control is absolutely an issue - although, TBF, most of the Western companies are pretty good. The Indians, on the other hand...
Sorry, Mr. Charles, but if quality control is known to be an issue then why are drugs still being sourced from India? If the NHS is buying medicines that they do not know are effective, or even safe, then there would seem to be culpable recklessness in their procurement policies.
The FDA shut down 10 or 12 factories in india a month or so ago. And Ranbaxy's issues are legendary.
Nice down day on European and US stockmarkets today. Getting this final shift of capital into the government bond markets that is necessary for the grand turn at the beginning of October in just 9 days time now. A great buying opportunity coming up on US stocks in my opinion.
Today the EU (Merkel) just rewrote the rules on QMV... Countries that voted against the quotas will now be obliged to take them but this is as close to an unprecedented decision in the EU when nation states are involved so not normally under a QMV process. This is Merkel trying to save her ass, no ifs no buts. Clusterfucken.
It's has been show only 1 in 5 are from Syria - published by EU.
How will these countries who voted against now react given Merkel started the rush to the EU.
BOO
Not sure how you can say the EU rewrote the rules on QMV. The measure was passed by QMV as there was not a sufficiently large blocking vote. Like you I am a BOO but the lesson from today is that the current rules allow a majority of countries to impose decisions on a minority. That has been the way ever since Lisbon.
I see the EU has just had a majority vote to tell countries like Czech Republic that they're being allocated a quota of the migrants, whether they like it or not.
The quotas are voluntary according to the EU spokesperson on 5live.
Nope, they ain't ... Merkel decides dependent on how deep a hole she dug herself. It's deep.
The news cycle this week is piggate, refugees/migrants and VW catastrophe. Isnt it the Lib Dems conference this week but I don't see it covered on the media - shame really!!!
A couple of people have referred to "Mr Whippy". I didn't see anything - wassup?
Farron has proposed stopping vehicles from running their engines while parked. ...
Running an engine unnecessarily whilst stationary always used to be an offence in law. Was it ever made legal and if not has anyone pointed that out to Farron?
To be fair it was not Farron who made this pledge. It was a resolution passed by the Lib Dem conference. Farron was on the radio yesterday trying to argue it was not going to be Lib Dem policy.
To clarify the resolution only applied to diesel engines but it does cover any and all - including ice cream vans which have to have their engine running and also trains at stations or waiting at red lights. I am not sure how many diesel trains there still are but I am also not sure the train operators will be impressed by the idea the trains have to shut down every time they stop moving. Maybe JJ can explain if this is a problem or not as I don't know the technicalities.
The news cycle this week is piggate, refugees/migrants and VW catastrophe. Isnt it the Lib Dems conference this week but I don't see it covered on the media - shame really!!!
A couple of people have referred to "Mr Whippy". I didn't see anything - wassup?
Farron has proposed stopping vehicles from running their engines while parked. ...
Running an engine unnecessarily whilst stationary always used to be an offence in law. Was it ever made legal and if not has anyone pointed that out to Farron?
If people had Toyota hybrids this is never a problem.
I see the EU has just had a majority vote to tell countries like Czech Republic that they're being allocated a quota of the migrants, whether they like it or not.
The quotas are voluntary according to the EU spokesperson on 5live.
Nope, they ain't ... Merkel decides dependent on how deep a hole she dug herself. It's deep.
Since Isabel Oakeshott is happy to write about unsubstantiated allegations about the Prime MInister, surely this is open season for everyone else to do the same in kind to Ms Oakeshott.
If they are indemnified they can. If not, they need to be very careful.
What does indemnified mean here?
Against legal action. So if Oakshott sues the writer will not have to find the costs of defence or the damages if Oakshott wins.
All should refer to Cyclefree's comments last night. At day's end it costs and it's not worth it. Mrs Moses haven't even heard of it so hey ho way yo go.
On another note, I spent a very interesting few hours at the ARM campus in Cambridge today. What an excellent company. It deserves a lot more recognition than it gets.
It's a superb company, and my best ever investment. When ARM went public in 1998, I couldn't believe how low the valuation was (from memory, about £250m). No matter how I did the sums, I couldn't see how it could be worth less than about ten times as much. And the thing was that the future success of the company was basically already in the bag: anyone who read the technical press at the time would have seen that the entire industry was moving to adapt ARM technology for portable devices and for many other applications. It was almost impossible for it not to succeed hugely. I eventually sold my shares for thirty times what I'd paid for them.
Well done. I looked long and hard at the time and never invested. I have some financial expertise, and some computing expertise. Didn't see it though
On another note, I spent a very interesting few hours at the ARM campus in Cambridge today. What an excellent company. It deserves a lot more recognition than it gets.
It's a superb company, and my best ever investment. When ARM went public in 1998, I couldn't believe how low the valuation was (from memory, about £250m). No matter how I did the sums, I couldn't see how it could be worth less than about ten times as much. And the thing was that the future success of the company was basically already in the bag: anyone who read the technical press at the time would have seen that the entire industry was moving to adapt ARM technology for portable devices and for many other applications. It was almost impossible for it not to succeed hugely. I eventually sold my shares for thirty times what I'd paid for them.
Excellent stuff - congratulations. Due reward for backing a world class British company. For what it's worth I think they may be about to go again. The way the tech market is developing seems to be working very much in ARM's favour. They have such a great approach to building partnerships. That, the quality of what they develop and their pricing make it hard for competitors to emerge. The management is also top class.
Love brought Nizar Shoukry from his native Syria to Croatia and eventually a dental practice in the border town of Tovarnik. Thirty years later, war is bringing his countrymen, in a chaotic, desperate tide flowing past Shoukry’s door en route to Germany and a promise of asylum.
But the 50-year-old dentist – now an informal liaison between police and refugees – says his sees impostors among them.
“I see so many people from Africa, Afghanistan, Pakistan saying they come from Syria and many do not speak Arabic at all,” he said in his adopted Croatian.
"A poll averaging five recent Scottish opinion polls suggests the Conservatives are on about 14% in constituency voting intentions for the Holyrood elections, which will be held in May next year. Labour's a bit higher on 22% but way behind the SNP on 54%. The gap between these top two parties is a bit narrower for the regional list vote. What have the polls been saying? Voting system breakdown Tory Labour Lib Dem SNP Green Constituency 14% 22% 6% 54% 5% Regional 14% 21% 6% 47% 7%
Average percentage of five polls - conducted by TNS BMRB, Ipsos MORI, Panelbase, Survation and YouGov - between 12 August and 10 September, 2015."
On another note, I spent a very interesting few hours at the ARM campus in Cambridge today. What an excellent company. It deserves a lot more recognition than it gets.
Ah, glad you enjoyed it. It's rather a magical place.
Some truly great engineers work there. And yes, they deserve more recognition as one of Britain's most influential companies.
Yep, the engineers are superb and they are recruiting from the very top tier of US companies now they were telling me. Given the wages paid at those places that is pretty amazing. But ARM's reputation makes it competitive. They are going to be doing very big things over the coming years if half of what I heard comes off. Convergence is working very nicely for them.
The only problem might be Intel's drive towards more efficient x86 chips. But they'll never have the utter configurability that ARM chips give licencees. You don't want a WiFi module? Don't put one on. You want a certain type of GPU? Add it.
Intel simply cannot compete with that.
big.LITTLE is also a lovely idea.
My only criticism of ARM is that, according to some, they saved Apple in the 1990s.
Mr. JEO, seems about 20% are actually Syrian, but Merkel's moronic diktat means every man and his cat are unsurprisingly taking advantage of her stupidity and claiming they're Syrian, because being Syrian means acceptance in Germany.
Mr. Tyndall, indeed. The EU's an undemocratic monstrosity.
Mr. Speedy, I'm afraid my knowledge of the Holy Roman Empire is rather limited, given its recency.
This will give you a good start to know better about that mess, just keep in mind that it comprised of 360 entities from Kingdoms to small vicarages, some of which had the right to vote for the who the Emperor would be: http://www.heraldica.org/topics/national/hre.htm
It's very EU in it's function, complexity and of course results, it even had it's own Jean Claude Junckers ruling it in the 15th century.
Excellent stuff - congratulations. Due reward for backing a world class British company. For what it's worth I think they may be about to go again. The way the tech market is developing seems to be working very much in ARM's favour. They have such a great approach to building partnerships. That, the quality of what they develop and their pricing make it hard for competitors to emerge. The management I also top class.
Competitors have tried to challenge them, but in the end it's just much easier to license ARM technology than develop it yourself, even if you are Intel or TI. ARM's big barrier to competition is the so-called 'eco-system', i.e. the entire set of industry partners who develop hardware and software which works with ARM cores; any competitor would have to try to reproduce all that, which is really not practicable. That was basically why I invested, and it's still true.
Just watched Isabel Oakshott's Newsnight interview. My, doesn't she looked pleased with herself. Continually talked over Anthony Sheldon, as she did with Nick Ferrari this morning on LBC (which, takes some doing). I thought both Maitlin and Ferrari were quite easy on her, given that she has completely trashed the reputation of a serving prime minister, based on something, which could be completely untrue.
If the PM had any second thoughts about not retiring before the next GE, then I suspect Samantha Cameron, having seen her husband and family dragged through the gutter has firmly put her four-inch heels through that idea. Is mother is also still alive, I believe?
They got through the Red Rag scandal. If anything this latest mess is much, much tamer than McBride and Draper's thoroughly nasty scheme, which made insinuations about many things, including their recently-deceased son.
Mind you, they were also planning lies about Osborne as well, including the mental health of his wife, and they appear to have got through it well enough.
Labour is truly the nasty party.
As an aside, I'm wondering if this latest scandal is just based on a rumour dating from the Red Rag days. ISTR that McBride was going to allege that there were secret tapes between Osborne and a prostitute. It's not too far to go from that to Cameron putting his honourable member into a dead pig's mouth, for which there's a photograph somewhere in existence, which someone has allegedly seen.
Both involve something that is currently rumoured or known - Osborne and Rowe, and Cameron and Bullingdon, and extend it.
It seems to me that the people who hang around politics/politicians, i.e. media, millionaires, billionaires and the like, or far worse than any politician.
Forgot to add in my piece that Lord Ashcroft and Tom Watson "are good friends" - just sayin!
So ever closer Union means you take what you're given
The problem with the EU is that when you want to rid yourself of an unpleasant situation you are offered an equally unpleasant alternative. They call it "negotiation". If you are not happy with that they will ensure that votes are taken as many times as necessary to come to the result they want.
On another note, I spent a very interesting few hours at the ARM campus in Cambridge today. What an excellent company. It deserves a lot more recognition than it gets.
It's a superb company, and my best ever investment. When ARM went public in 1998, I couldn't believe how low the valuation was (from memory, about £250m). No matter how I did the sums, I couldn't see how it could be worth less than about ten times as much. And the thing was that the future success of the company was basically already in the bag: anyone who read the technical press at the time would have seen that the entire industry was moving to adapt ARM technology for portable devices and for many other applications. It was almost impossible for it not to succeed hugely. I eventually sold my shares for thirty times what I'd paid for them.
Excellent stuff - congratulations. Due reward for backing a world class British company. For what it's worth I think they may be about to go again. The way the tech market is developing seems to be working very much in ARM's favour. They have such a great approach to building partnerships. That, the quality of what they develop and their pricing make it hard for competitors to emerge. The management is also top class.
Robin Saxby (the person who led ARM after its split from Acorn and helped devise the business model) has already been knighted, but he should really get some other form of official recognition as well.
On another note, I spent a very interesting few hours at the ARM campus in Cambridge today. What an excellent company. It deserves a lot more recognition than it gets.
Ah, glad you enjoyed it. It's rather a magical place.
Some truly great engineers work there. And yes, they deserve more recognition as one of Britain's most influential companies.
Yep, the engineers are superb and they are recruiting from the very top tier of US companies now they were telling me. Given the wages paid at those places that is pretty amazing. But ARM's reputation makes it competitive. They are going to be doing very big things over the coming years if half of what I heard comes off. Convergence is working very nicely for them.
The only problem might be Intel's drive towards more efficient x86 chips. But they'll never have the utter configurability that ARM chips give licencees. You don't want a WiFi module? Don't put one on. You want a certain type of GPU? Add it.
Intel simply cannot compete with that.
big.LITTLE is also a lovely idea.
My only criticism of ARM is that, according to some, they saved Apple in the 1990s.
Intel have to deal with backwards compatibility. I think their original chip was called z80, and they're still working with that. Motorola had a competing architecture - '68k' or some such. I remember thinking that Motorola had a superior chip - however that was almost certainly because I could program in their existing 6502 code (as used in the Apple II)
Now F# seems to be sexy, machine learning seems to be sexy, and all sorts of other stuff. I can't spot a clear investment in this sort of thing currently.
Excellent stuff - congratulations. Due reward for backing a world class British company. For what it's worth I think they may be about to go again. The way the tech market is developing seems to be working very much in ARM's favour. They have such a great approach to building partnerships. That, the quality of what they develop and their pricing make it hard for competitors to emerge. The management I also top class.
Competitors have tried to challenge them, but in the end it's just much easier to license ARM technology than develop it yourself, even if you are Intel or TI. ARM's big barrier to competition is the so-called 'eco-system', i.e. the entire set of industry partners who develop hardware and software which works with ARM cores; any competitor would have to try to reproduce all that, which is really not practicable. That was basically why I invested, and it's still true.
Great call Richard. If only the UK had more companies like them.
Excellent stuff - congratulations. Due reward for backing a world class British company. For what it's worth I think they may be about to go again. The way the tech market is developing seems to be working very much in ARM's favour. They have such a great approach to building partnerships. That, the quality of what they develop and their pricing make it hard for competitors to emerge. The management I also top class.
Competitors have tried to challenge them, but in the end it's just much easier to license ARM technology than develop it yourself, even if you are Intel or TI. ARM's big barrier to competition is the so-called 'eco-system', i.e. the entire set of industry partners who develop hardware and software which works with ARM cores; any competitor would have to try to reproduce all that, which is really not practicable. That was basically why I invested, and it's still true.
It's a bit more complex that that. Anybody trying to make a competitor architecture (*) to ARM face significant barriers. Back when it was owned by VLSI/Acorn/Apple there were rumours that a big company wanted to buy them out, but the bids were rejected because ARM's great strength is that they're not allied to any one big player.
Because ARM is a small company (relative to the big industry players) and independent, they can be trusted. If (say) Apple or IBM had purchased them, then they would not have been able to sell licenses, as no-one would have trusted them not to pull the rug sometime in the future. Samsung (for instance) would be hesitant to use a chip design owned by Apple (for another instance).
ARM will not be taken over in the foreseeable future for that reason: their advantage is in their independence and the fact that allows them to treat all their licencees equally.
Any large company wanting to compete with ARM would face that problem. Any small company wanting to do the same thing (Hello, META!) would have to battle the fact that there is a massive amount of ARM knowledge out there, and trust in ARM's skill and independence.
(*) It should be remembered that as a fabless semiconductor company, ARM makes their money from architectures rather than chips. They sell designs which other people can use directly, or adapt. This is very different from Intel's business model.
"A poll averaging five recent Scottish opinion polls suggests the Conservatives are on about 14% in constituency voting intentions for the Holyrood elections, which will be held in May next year. Labour's a bit higher on 22% but way behind the SNP on 54%. The gap between these top two parties is a bit narrower for the regional list vote. What have the polls been saying? Voting system breakdown Tory Labour Lib Dem SNP Green Constituency 14% 22% 6% 54% 5% Regional 14% 21% 6% 47% 7%
Average percentage of five polls - conducted by TNS BMRB, Ipsos MORI, Panelbase, Survation and YouGov - between 12 August and 10 September, 2015."
Can anyone explain to me why it is so "out of the question" for Cameron to sue.
His reputation is severely damaged. Indeed he is being held up to international ridicule.
The allegations from Ashcroft and Oakeshott may be badly sourced. not even up to tabloid standards and above all innacurate. So why not take them down a peg or three. Unless of course ......
He's being held up to temporary ridicule, unless something susbtantive comes forward to make it lasting, and it would remain low lying from then on. Sue, and it drags on, fixes itself ever more firmly in the public consciousness, and no doubt some provable other embarrassing matters would come out, not to mention questions and clarifications stated in utter seriousness which would only make matters worse, like to clarify what he was accused of exactly, was his penis erect at the time, and so on and so forth.
It's an amusing diversion, but I cannot see how actively suing improves matters, reputationally - those that believe it won't be dissuaded by legal action.
How long did Ed's bacon buttie disaster hang about?
Funny thing about pigs!
there was a photo of the act..... That's the difference.
On topic my previous audi said it did 30.4mpg and I got around 37 to 38 mpg out of it for the 7 years I had it, being a petrol engine. My current audi diesel says it will do 42.7mpg and I've got 43 to 44 mpg out of it for the last 7 years or so. My driving style and relative type of driving hasn't changed which is basically to go as quick as possible subject to the speed limits that I can get away with whilst maximising fuel efficiency.all sounds rather mathematical doesn't it! In view of the relative mpg differentials I've long thought many motor manufacturers do engage in sharp practice around mpg stats.
Real MPG stats will depend on car use and driver style and weather and road conditions. Maybe even quality of petrol and the state of maintenance of the car. The tests are a standard to judge each model by.
So ever closer Union means you take what you're given
The problem with the EU is that when you want to rid yourself of an unpleasant situation you are offered an equally unpleasant alternative. They call it "negotiation". If you are not happy with that they will ensure that votes are taken as many times as necessary to come to the result they want.
The EU has had its halcyon days in the 1990's. Schengen is falling apart quite literally. The euro without a consolidated debt market is badly frayed and will fall apart with the sovereign bond crisis about to get under way. Don't expect the eurocracy in Brussels to go lightly. Is been obvious for a while that they're more interested in preserving their own jobs than having the wider interests of the European people at heart. Had to laugh at Clegg's 2 unions under threat speech this week. That man really is clueless about long term trends and cycles that are rendering his world view totally redundant.
Going back to piggate, and I didn't actually read the Mail yesterday, so did they publish an extract of the actual text of the Ashcroft book which sets out the particular allegation, or simply summarise the gist of it that the book will elaborate on? All I saw online was a few words distilling it into a sentence.
The actual words to be published might not live up to the hype generated yesterday - it wouldn't be the first time!
Today the EU (Merkel) just rewrote the rules on QMV... Countries that voted against the quotas will now be obliged to take them but this is as close to an unprecedented decision in the EU when nation states are involved so not normally under a QMV process. This is Merkel trying to save her ass, no ifs no buts. Clusterfucken.
It's has been show only 1 in 5 are from Syria - published by EU.
How will these countries who voted against now react given Merkel started the rush to the EU.
BOO
I think they should withdraw from schengen and refuse to implement Germany's decision. The only way to defeat the EU is to ignore it's decisions and refuse it's authority over the matter.
Speedy Completely agree. To ignore decisions means an effective end of the EU however the decision made here in effectively "a star chamber" is not acceptable and TBH I am fed up with what Merkel wants
On another note, I spent a very interesting few hours at the ARM campus in Cambridge today. What an excellent company. It deserves a lot more recognition than it gets.
Ah, glad you enjoyed it. It's rather a magical place.
Some truly great engineers work there. And yes, they deserve more recognition as one of Britain's most influential companies.
Yep, the engineers are superb and they are recruiting from the very top tier of US companies now they were telling me. Given the wages paid at those places that is pretty amazing. But ARM's reputation makes it competitive. They are going to be doing very big things over the coming years if half of what I heard comes off. Convergence is working very nicely for them.
The only problem might be Intel's drive towards more efficient x86 chips. But they'll never have the utter configurability that ARM chips give licencees. You don't want a WiFi module? Don't put one on. You want a certain type of GPU? Add it.
Intel simply cannot compete with that.
big.LITTLE is also a lovely idea.
My only criticism of ARM is that, according to some, they saved Apple in the 1990s.
Intel have to deal with backwards compatibility. I think their original chip was called z80, and they're still working with that. Motorola had a competing architecture - '68k' or some such. I remember thinking that Motorola had a superior chip - however that was almost certainly because I could program in their existing 6502 code (as used in the Apple II)
Now F# seems to be sexy, machine learning seems to be sexy, and all sorts of other stuff. I can't spot a clear investment in this sort of thing currently.
The Z80 was developed by a company called Zilog. Intel's architecture (from memory) dates back to the 4004, which became the 8008, which became the 8086 which was the start of the x86 architecture which continues to this day. (From memory, might be wrong).
Backwards compatibility is not as important as people think, especially nowadays where the deep, dark depths of chips can be RISC/CISC/VLIW or whatever, and they convert to the interface instructions that poor, underpaid coder slaves trapped in software factories use.
The following is a (for me) interesting video on how the ARM chip came about, including why they accidentally stumbled upon power efficiency, which has been the characteristic that made the company. Four go mad in Cambridge ...
Pleasing to see Jeb Bush going backwards despite the GOP establishment and that odious man Boehner backing him. Well they're losing control and thank goodness too. Enjoyed listening to a trump speech where he laid into Obama on climate change. That was great to see!
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
Ahem. I have to be careful commenting on that for reasons you might just be aware of if you've paid attention ...
But I doubt they will buy it. However I have absolutely no inside information on this.
I have no inside information either :-)
Their argument, IIRC, is that:
Qualcomm has $25bn of off-shore cash available, and ARM is just a $18bn company. Qualcomm wants to always be the first to have an ARM chip of any generation available Qualcomm is consolidating the chip IP space, hence their purchase of CSR and others
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
It would be very, very unlikely to get competition clearance. There are very few potential buyers that could clear the anti-trust hurdles without sacrificing too much of what would make a merger work effectively.
The 8008 was the processor in the Plessey satchel sized bar code reader and data logger, it is long time ago (a data logger is in the Science Museum as the first microprocessor based product in Europe). I have an idea it had no conditional branches, you created a jump instruction in memory and then jumped to the jump but I may have confused it with the Rockwell PPS.
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
It would be very, very unlikely to get competition clearance. There are very few potential buyers that could clear the anti-trust hurdles without sacrificing too much of what would make a merger work effectively.
Qualcomm does not have its microprocessor architecture, so it would not be removing competition, in the same way that Intel buying ARM would.
Qualcomm would agree to continue to license ARM designs on a FRAND basis
On another note, I spent a very interesting few hours at the ARM campus in Cambridge today. What an excellent company. It deserves a lot more recognition than it gets.
Ah, glad you enjoyed it. It's rather a magical place.
Some truly great engineers work there. And yes, they deserve more recognition as one of Britain's most influential companies.
Yep, the engineers are superb and they are recruiting from the very top tier of US companies now they were telling me. Given the wages paid at those places that is pretty amazing. But ARM's reputation makes it competitive. They are going to be doing very big things over the coming years if half of what I heard comes off. Convergence is working very nicely for them.
The only problem might be Intel's drive towards more efficient x86 chips. But they'll never have the utter configurability that ARM chips give licencees. You don't want a WiFi module? Don't put one on. You want a certain type of GPU? Add it.
Intel simply cannot compete with that.
big.LITTLE is also a lovely idea.
My only criticism of ARM is that, according to some, they saved Apple in the 1990s.
I understand that a good chip has to be fried three times to produce the utmost quality. My local chippy does it twice but seems not to achieve any where near the quality that is alluded to in the glossy magazines. I guess the idea is the fry is one after the other rather than as my local does split the fry between evening and lunchtime the following day.
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
It would be very, very unlikely to get competition clearance. There are very few potential buyers that could clear the anti-trust hurdles without sacrificing too much of what would make a merger work effectively.
Qualcomm does not have its microprocessor architecture, so it would not be removing competition, in the same way that Intel buying ARM would.
Qualcomm would agree to continue to license ARM designs on a FRAND basis
ARM don't license patents, only technology; so FRAND doesn't come into it.
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
Ahem. I have to be careful commenting on that for reasons you might just be aware of if you've paid attention ...
But I doubt they will buy it. However I have absolutely no inside information on this.
I have no inside information either :-)
Their argument, IIRC, is that:
Qualcomm has $25bn of off-shore cash available, and ARM is just a $18bn company. Qualcomm wants to always be the first to have an ARM chip of any generation available Qualcomm is consolidating the chip IP space, hence their purchase of CSR and others
But the fact that they'd want access to the first chip of any generation before others would cause the value of their acquisition to crash, as other companies would be wary about using them.
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
It would be very, very unlikely to get competition clearance. There are very few potential buyers that could clear the anti-trust hurdles without sacrificing too much of what would make a merger work effectively.
Qualcomm does not have its microprocessor architecture, so it would not be removing competition, in the same way that Intel buying ARM would.
Qualcomm would agree to continue to license ARM designs on a FRAND basis
ARM don't license patents, only technology; so FRAND doesn't come into it.
You can agree to continue to license processor architecture on a FRAND basis.
Separately, aren't ARM's occasional licensing of instruction sets an example of essentially licensing a patent (or technically copyright) work?
So ever closer Union means you take what you're given
The problem with the EU is that when you want to rid yourself of an unpleasant situation you are offered an equally unpleasant alternative. They call it "negotiation". If you are not happy with that they will ensure that votes are taken as many times as necessary to come to the result they want.
Superb
However to explain in EU speak would take a dozen meetings, two dozen committee approvals and three thousand pages of explanation on parchment paper.
On another note, I spent a very interesting few hours at the ARM campus in Cambridge today. What an excellent company. It deserves a lot more recognition than it gets.
Ah, glad you enjoyed it. It's rather a magical place.
Some truly great engineers work there. And yes, they deserve more recognition as one of Britain's most influential companies.
Yep, the engineers are superb and they are recruiting from the very top tier of US companies now they were telling me. Given the wages paid at those places that is pretty amazing. But ARM's reputation makes it competitive. They are going to be doing very big things over the coming years if half of what I heard comes off. Convergence is working very nicely for them.
The only problem might be Intel's drive towards more efficient x86 chips. But they'll never have the utter configurability that ARM chips give licencees. You don't want a WiFi module? Don't put one on. You want a certain type of GPU? Add it.
Intel simply cannot compete with that.
big.LITTLE is also a lovely idea.
My only criticism of ARM is that, according to some, they saved Apple in the 1990s.
Intel has licensed x86 VHDLs in the past which people have put onto custom silicon alongside their own tech.
I'd guess Ashcroft is the "editor" of the Dave book and that it was his decision as to whether the pig's head should make an appearance. He is a billionaire and can basically do as he wishes as long as it is not criminal.
This is the country that we live in: one where senior government ministers share weekends away with national newspaper editors and senior BBC figures, while immensely rich party donors believe they should be given senior cabinet positions as a result of their donations.
And, in this instance, were roundly denied their expectation.
It should not even be an issue.
And for Dave it palpably wasn't.
But how many immensely rich party donors have ever become Cabinet members as a consequence of their largesse. I'm struggling to think of even one. Perhaps you can help.
PS They would have to be peers as MPs would have worked their way up the greasy pole.
that's no way to talk about Daniel Kawczynsji
Sorry, Brookie, that's too profound for me.
Its OK Mr O it's been a long week for Tories and it's only Tuesday
Oh, I'm not judgemental or censorious. After all down in deepest Elmbridge...
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
Ahem. I have to be careful commenting on that for reasons you might just be aware of if you've paid attention ...
But I doubt they will buy it. However I have absolutely no inside information on this.
I have no inside information either :-)
Their argument, IIRC, is that:
Qualcomm has $25bn of off-shore cash available, and ARM is just a $18bn company. Qualcomm wants to always be the first to have an ARM chip of any generation available Qualcomm is consolidating the chip IP space, hence their purchase of CSR and others
But the fact that they'd want access to the first chip of any generation before others would cause the value of their acquisition to crash, as other companies would be wary about using them.
But what do I know ...
There aren't that many alternative architectures out there... what ever happened to MIPS?
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
Ahem. I have to be careful commenting on that for reasons you might just be aware of if you've paid attention ...
But I doubt they will buy it. However I have absolutely no inside information on this.
I have no inside information either :-)
Their argument, IIRC, is that:
Qualcomm has $25bn of off-shore cash available, and ARM is just a $18bn company. Qualcomm wants to always be the first to have an ARM chip of any generation available Qualcomm is consolidating the chip IP space, hence their purchase of CSR and others
But the fact that they'd want access to the first chip of any generation before others would cause the value of their acquisition to crash, as other companies would be wary about using them.
But what do I know ...
There aren't that many alternative architectures out there... what ever happened to MIPS?
Bought out by Imagination, who also own the lovely META architecture.
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
Ahem. I have to be careful commenting on that for reasons you might just be aware of if you've paid attention ...
But I doubt they will buy it. However I have absolutely no inside information on this.
I have no inside information either :-)
Their argument, IIRC, is that:
Qualcomm has $25bn of off-shore cash available, and ARM is just a $18bn company. Qualcomm wants to always be the first to have an ARM chip of any generation available Qualcomm is consolidating the chip IP space, hence their purchase of CSR and others
But the fact that they'd want access to the first chip of any generation before others would cause the value of their acquisition to crash, as other companies would be wary about using them.
But what do I know ...
There aren't that many alternative architectures out there... what ever happened to MIPS?
Acquired by Imagination Technologies.
But MIPS was always a load of crock in my experience.
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
Ahem. I have to be careful commenting on that for reasons you might just be aware of if you've paid attention ...
But I doubt they will buy it. However I have absolutely no inside information on this.
I have no inside information either :-)
Their argument, IIRC, is that:
Qualcomm has $25bn of off-shore cash available, and ARM is just a $18bn company. Qualcomm wants to always be the first to have an ARM chip of any generation available Qualcomm is consolidating the chip IP space, hence their purchase of CSR and others
But the fact that they'd want access to the first chip of any generation before others would cause the value of their acquisition to crash, as other companies would be wary about using them.
But what do I know ...
There aren't that many alternative architectures out there... what ever happened to MIPS?
Bought out by Imagination, who also own the lovely META architecture.
Is MIPS 64-bit? Does it have any customers except a few US set top box makers?
Really, whether ARM is owned by Qualcomm or independent, it is a de facto monopoly.
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
It would be very, very unlikely to get competition clearance. There are very few potential buyers that could clear the anti-trust hurdles without sacrificing too much of what would make a merger work effectively.
Qualcomm does not have its microprocessor architecture, so it would not be removing competition, in the same way that Intel buying ARM would.
Qualcomm would agree to continue to license ARM designs on a FRAND basis
ARM don't license patents, only technology; so FRAND doesn't come into it.
You can agree to continue to license processor architecture on a FRAND basis.
Separately, aren't ARM's occasional licensing of instruction sets an example of essentially licensing a patent (or technically copyright) work?
Instructions would be covered by copyright.
ARM is essentially seen as a neutral player in the market. You could not say the same about Qualcomm or any other potential purchaser. That would immediately attract competition concerns - especially in countries where there are companies that have had problems with Qualcomm etc in the past. And the EU would definitely be all over it. The reassurances and guarantees that would have to be given in order to ensure ARM technology was essentially available in the way it is available now would take away most of the reasons for paying the premium necessary to acquire the company.
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
Ahem. I have to be careful commenting on that for reasons you might just be aware of if you've paid attention ...
But I doubt they will buy it. However I have absolutely no inside information on this.
I have no inside information either :-)
Their argument, IIRC, is that:
Qualcomm has $25bn of off-shore cash available, and ARM is just a $18bn company. Qualcomm wants to always be the first to have an ARM chip of any generation available Qualcomm is consolidating the chip IP space, hence their purchase of CSR and others
But the fact that they'd want access to the first chip of any generation before others would cause the value of their acquisition to crash, as other companies would be wary about using them.
But what do I know ...
There aren't that many alternative architectures out there... what ever happened to MIPS?
Acquired by Imagination Technologies.
But MIPS was always a load of crock in my experience.
ARM was the lead in a consortium that acquired almost all the MIPs patents:
The news cycle this week is piggate, refugees/migrants and VW catastrophe. Isnt it the Lib Dems conference this week but I don't see it covered on the media - shame really!!!
A couple of people have referred to "Mr Whippy". I didn't see anything - wassup?
Farron has proposed stopping vehicles from running their engines while parked. ...
Running an engine unnecessarily whilst stationary always used to be an offence in law. Was it ever made legal and if not has anyone pointed that out to Farron?
If people had Toyota hybrids this is never a problem.
You got a part time job with Toyota Mike.
Surely all you need is the stop start function like on my Nissan Juke diesel - engine cuts out at traffic lights, etc. Very easy and saves fuel.
On another note, I spent a very interesting few hours at the ARM campus in Cambridge today. What an excellent company. It deserves a lot more recognition than it gets.
It's a superb company, and my best ever investment. When ARM went public in 1998, I couldn't believe how low the valuation was (from memory, about £250m). No matter how I did the sums, I couldn't see how it could be worth less than about ten times as much. And the thing was that the future success of the company was basically already in the bag: anyone who read the technical press at the time would have seen that the entire industry was moving to adapt ARM technology for portable devices and for many other applications. It was almost impossible for it not to succeed hugely. I eventually sold my shares for thirty times what I'd paid for them.
Excellent stuff - congratulations. Due reward for backing a world class British company. For what it's worth I think they may be about to go again. The way the tech market is developing seems to be working very much in ARM's favour. They have such a great approach to building partnerships. That, the quality of what they develop and their pricing make it hard for competitors to emerge. The management is also top class.
Robin Saxby (the person who led ARM after its split from Acorn and helped devise the business model) has already been knighted, but he should really get some other form of official recognition as well.
I see Tim Farron is saying that the Lib Dems won't honour the Salisbury Convention. Things could get very interesting this autumn.
According to Wikipedia "After the Labour general election victory in 2005, the Liberal Democrats indicated that they did not feel bound by the Salisbury Convention as a result of decreasing voter turnout, the low share of the vote received by the Government, and the changes to the composition of the House of Lords introduced in 1999 by the Labour Government."
On another note, I spent a very interesting few hours at the ARM campus in Cambridge today. What an excellent company. It deserves a lot more recognition than it gets.
It's a superb company, and my best ever investment. When ARM went public in 1998, I couldn't believe how low the valuation was (from memory, about £250m). No matter how I did the sums, I couldn't see how it could be worth less than about ten times as much. And the thing was that the future success of the company was basically already in the bag: anyone who read the technical press at the time would have seen that the entire industry was moving to adapt ARM technology for portable devices and for many other applications. It was almost impossible for it not to succeed hugely. I eventually sold my shares for thirty times what I'd paid for them.
Excellent stuff - congratulations. Due reward for backing a world class British company. For what it's worth I think they may be about to go again. The way the tech market is developing seems to be working very much in ARM's favour. They have such a great approach to building partnerships. That, the quality of what they develop and their pricing make it hard for competitors to emerge. The management is also top class.
Robin Saxby (the person who led ARM after its split from Acorn and helped devise the business model) has already been knighted, but he should really get some other form of official recognition as well.
We got into ARM via Acorn shares from 1984.
They went from a couple of hundred to 25k.
(snip).
Heh. Ditto, although I was in during the early 1990s.
Pleasing to see Jeb Bush going backwards despite the GOP establishment and that odious man Boehner backing him. Well they're losing control and thank goodness too. Enjoyed listening to a trump speech where he laid into Obama on climate change. That was great to see!
Thanks Robert. A lot of good stuff in that document. The main problem is that demographics and their impact are completely ignored. On that score alone the outcome that the paper describes is impossible in my humble opinion. The points on government debt are arguable but investors are not rational beings. Its just time, well 9 days away, for the start of the sovereign debt crisis based on martin armstrong and his economic confidence model. What seems affordable now at rock bottom interest rates now rapidly changes once expectations of rising rates are baked into the cake.
I see Tim Farron is saying that the Lib Dems won't honour the Salisbury Convention. Things could get very interesting this autumn.
According to Wikipedia "After the Labour general election victory in 2005, the Liberal Democrats indicated that they did not feel bound by the Salisbury Convention as a result of decreasing voter turnout, the low share of the vote received by the Government, and the changes to the composition of the House of Lords introduced in 1999 by the Labour Government."
I wonder what the Tories have planned, they must know things could get rocky with their slim majority. I suppose there's always the Parliament Act to get round the Lords, but I think they'd like to avoid that.
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
Ahem. I have to be careful commenting on that for reasons you might just be aware of if you've paid attention ...
But I doubt they will buy it. However I have absolutely no inside information on this.
I have no inside information either :-)
Their argument, IIRC, is that:
Qualcomm has $25bn of off-shore cash available, and ARM is just a $18bn company. Qualcomm wants to always be the first to have an ARM chip of any generation available Qualcomm is consolidating the chip IP space, hence their purchase of CSR and others
But the fact that they'd want access to the first chip of any generation before others would cause the value of their acquisition to crash, as other companies would be wary about using them.
But what do I know ...
There aren't that many alternative architectures out there... what ever happened to MIPS?
Bought out by Imagination, who also own the lovely META architecture.
Is MIPS 64-bit? Does it have any customers except a few US set top box makers?
Really, whether ARM is owned by Qualcomm or independent, it is a de facto monopoly.
Can't remember whether MIPS is 32 bit or 64 bit: I've never had to use it in anger. I'd be amazed if they didn't have a 64-bit version. If they don't then they'll find it impossible to compete.
ARM aren't quite a monopoly IMO; and if they are, are they exploiting their position?
Thanks Robert. A lot of good stuff in that document. The main problem is that demographics and their impact are completely ignored. On that score alone the outcome that the paper describes is impossible in my humble opinion. The points on government debt are arguable but investors are not rational beings. Its just time, well 9 days away, for the start of the sovereign debt crisis based on martin armstrong and his economic confidence model. What seems affordable now at rock bottom interest rates now rapidly changes once expectations of rising rates are baked into the cake.
I have a whole different paper on demographics I'm working on, which I'll share with you at some other point.
Can we have a gentleman's wage on the coming sovereign debt crisis? I think it'll affect commodity exporters, like Venezuela, Ecaudor, Brazil, Russia, Chile, Argentina, Nigeria, etc. You think it'll hammer the developed countries.
But there is a feedback loop in place. Falling commodity prices directly add to developed countries GDP (lower prices means higher net exports), increasing growth rates, and making debt service ratios less onerous.
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
It would be very, very unlikely to get competition clearance. There are very few potential buyers that could clear the anti-trust hurdles without sacrificing too much of what would make a merger work effectively.
Qualcomm does not have its microprocessor architecture, so it would not be removing competition, in the same way that Intel buying ARM would.
Qualcomm would agree to continue to license ARM designs on a FRAND basis
ARM don't license patents, only technology; so FRAND doesn't come into it.
You can agree to continue to license processor architecture on a FRAND basis.
Separately, aren't ARM's occasional licensing of instruction sets an example of essentially licensing a patent (or technically copyright) work?
Instructions would be covered by copyright.
ARM is essentially seen as a neutral player in the market. You could not say the same about Qualcomm or any other potential purchaser. That would immediately attract competition concerns - especially in countries where there are companies that have had problems with Qualcomm etc in the past. And the EU would definitely be all over it. The reassurances and guarantees that would have to be given in order to ensure ARM technology was essentially available in the way it is available now would take away most of the reasons for paying the premium necessary to acquire the company.
It is worth remembering Qualcomm has $25bn of off-shore cash. Repatriating it to the US would incur a 35% tax charge. It earns virtually zero interest currently.
It is perfectly logical for Qualcomm to say "we'll treat ARM like BT does Openreach. It's available to all". And they'll still beat their cost of capital in owning it.
And they will, I'm sure, reap synergies in the future from having first access to all the engineers.
(As an aside, when I was at Goldman, I knew Robin Saxby well, and he was one of the most brilliant, yet self-effacing men I've ever met. One of the best, most under-rated tech CEOs ever. Alongside Henning Kagermann of SAP.)
So the Limp Debs ..with their 8 MPs.. would do what exactly..
They can combine with labour in the House of Lords to amend, alter or prevent government legislation. The Salisbury convention allows government legislation laid out in their manifesto to be approved without the same opposition. The Lib Dems being undemocratic - what a waste of space they are
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
Ahem. I have to be careful commenting on that for reasons you might just be aware of if you've paid attention ...
But I doubt they will buy it. However I have absolutely no inside information on this.
I have no inside information either :-)
Their argument, IIRC, is that:
Qualcomm has $25bn of off-shore cash available, and ARM is just a $18bn company. Qualcomm wants to always be the first to have an ARM chip of any generation available Qualcomm is consolidating the chip IP space, hence their purchase of CSR and others
But the fact that they'd want access to the first chip of any generation before others would cause the value of their acquisition to crash, as other companies would be wary about using them.
But what do I know ...
There aren't that many alternative architectures out there... what ever happened to MIPS?
Bought out by Imagination, who also own the lovely META architecture.
Is MIPS 64-bit? Does it have any customers except a few US set top box makers?
Really, whether ARM is owned by Qualcomm or independent, it is a de facto monopoly.
Can't remember whether MIPS is 32 bit or 64 bit: I've never had to use it in anger. I'd be amazed if they didn't have a 64-bit version. If they don't then they'll find it impossible to compete.
ARM aren't quite a monopoly IMO; and if they are, are they exploiting their position?
You wish to build a mobile phone. What architecture would sir like to use?
But you're right, it's not quite a monopoly. Intel - which has the world's greatest process technology - will see to that.
Wolfsburg - the football club bankrolled by VW - were 1-0 up at Bayern Munich at half time. But in the space of 8 minutes Bayern, or more specifically - Robert Lewandovski - have scored five goals to lead 5-1. Wolfsburg aren't liked in Germany because of VW, but anyone who challenges Bayern is good in my books. Worth noting too that VW - via Audi - have a stake in Bayern Munich.
@Josias, the highly regarded Berenberg tech team thinks that ARM will get bought by Qualcomm...
Ahem. I have to be careful commenting on that for reasons you might just be aware of if you've paid attention ...
But I doubt they will buy it. However I have absolutely no inside information on this.
I have no inside information either :-)
Their argument, IIRC, is that:
Qualcomm has $25bn of off-shore cash available, and ARM is just a $18bn company. Qualcomm wants to always be the first to have an ARM chip of any generation available Qualcomm is consolidating the chip IP space, hence their purchase of CSR and others
But the fact that they'd want access to the first chip of any generation before others would cause the value of their acquisition to crash, as other companies would be wary about using them.
But what do I know ...
There aren't that many alternative architectures out there... what ever happened to MIPS?
Bought out by Imagination, who also own the lovely META architecture.
Is MIPS 64-bit? Does it have any customers except a few US set top box makers?
Really, whether ARM is owned by Qualcomm or independent, it is a de facto monopoly.
Can't remember whether MIPS is 32 bit or 64 bit: I've never had to use it in anger. I'd be amazed if they didn't have a 64-bit version. If they don't then they'll find it impossible to compete.
ARM aren't quite a monopoly IMO; and if they are, are they exploiting their position?
You wish to build a mobile phone. What architecture would sir like to use?
But you're right, it's not quite a monopoly. Intel - which has the world's greatest process technology - will see to that.
ARM. But I'd choose them knowing they wouldn't screw me if I became too successful. That's hardly true of Intel and others.
he fact that Qualcomm - another fabless semi company - has a much greater capitalisaiton indicates ARM aren't being greedy with that monopoly.
Bayern Munich were 1-0 down at Half Time at home to Wolfsburg
Lewandowski comes on as sub
It's 5-1 after an hour and he has got all 5
*...the Special One reaches for the cheque-book.... *
See his first team doctor has left amongst rumours of litigation. Hardly surprising after the way he treated her - and will he even be at Chelsea by January ??
I saw earlier some debates on electric cars vs fuel cell
The fact is that fuel cell cars *are* electric cars. Just with a interesting type of primary battery.
In fact, in order to improve efficiency (re-generative braking), smooth the start up and shutdown of the fuel cells (which hate to be turned on and off), you will end up with a substantial battery in fuel cell cars - to act as an energy buffer.
Li-ion batteries are improving in terms of cost/performance by 6-8% per year, compound
The reason that both electric and fuel cell cars are possible is that the drive train is fundamentally much more efficient - you can get 90% of the energy out of a battery to the wheels, while getting 35% of the energy in petrol to the wheels is quite an achievement. Quite simply - neither needs to get the energy density of petrol to deliver the same performance.
Pleasing to see Jeb Bush going backwards despite the GOP establishment and that odious man Boehner backing him. Well they're losing control and thank goodness too. Enjoyed listening to a trump speech where he laid into Obama on climate change. That was great to see!
I see Tim Farron is saying that the Lib Dems won't honour the Salisbury Convention. Things could get very interesting this autumn.
The House of Lords is still in theory kept in check by the idea that the Monarch could flood the chamber with government peers to ensure the primacy of the democratic chamber. This has been threatened twice and I see no reason why, should the Lords become a block on the manifesto commitments of the elected government, that this could not be invoked again.
I see Tim Farron is saying that the Lib Dems won't honour the Salisbury Convention. Things could get very interesting this autumn.
The House of Lords is still in theory kept in check by the idea that the Monarch could flood the chamber with government peers to ensure the primacy of the democratic chamber. This has been threatened twice and I see no reason why, should the Lords become a block on the manifesto commitments of the elected government, that this could not be invoked again.
Though it would be very funny if the Lib Dems try and hold up manifesto commitments in the Lords and the Conservative party threatens them with hundreds of new peers. Pretty nearly exactly a century...
I saw earlier some debates on electric cars vs fuel cell
The fact is that fuel cell cars *are* electric cars. Just with a interesting type of primary battery.
In fact, in order to improve efficiency (re-generative braking), smooth the start up and shutdown of the fuel cells (which hate to be turned on and off), you will end up with a substantial battery in fuel cell cars - to act as an energy buffer.
Li-ion batteries are improving in terms of cost/performance by 6-8% per year, compound
The reason that both electric and fuel cell cars are possible is that the drive train is fundamentally much more efficient - you can get 90% of the energy out of a battery to the wheels, while getting 35% of the energy in petrol to the wheels is quite an achievement. Quite simply - neither needs to get the energy density of petrol to deliver the same performance.
not long ago - 250 miles of usable range, 30 minutes charging time off a Supercharger and performance that is terrifying. 3.5 seconds to 60....
OK energy from the battery to the wheels is quite efficient, but what about generation efficiency at the power station, transmission losses,charging losses etc. It is possible to argue both ways about the overall efficiency, they are about equal,but emissions are relocated. The real reason to buy EV is because there is no excise duty on the electricity used.
I see Tim Farron is saying that the Lib Dems won't honour the Salisbury Convention. Things could get very interesting this autumn.
The House of Lords is still in theory kept in check by the idea that the Monarch could flood the chamber with government peers to ensure the primacy of the democratic chamber. This has been threatened twice and I see no reason why, should the Lords become a block on the manifesto commitments of the elected government, that this could not be invoked again.
Though it would be very funny if the Lib Dems try and hold up manifesto commitments in the Lords and the Conservative party threatens them with hundreds of new peers. Pretty nearly exactly a century...
Perhaps that was the plan all along? Force the system to breaking point and hope the British approach of papering over the cracks does not work this time.
I see Tim Farron is saying that the Lib Dems won't honour the Salisbury Convention. Things could get very interesting this autumn.
The House of Lords is still in theory kept in check by the idea that the Monarch could flood the chamber with government peers to ensure the primacy of the democratic chamber. This has been threatened twice and I see no reason why, should the Lords become a block on the manifesto commitments of the elected government, that this could not be invoked again.
Though it would be very funny if the Lib Dems try and hold up manifesto commitments in the Lords and the Conservative party threatens them with hundreds of new peers. Pretty nearly exactly a century...
It would be outrageous if the Liberal Democrats, after being hammered at the ballot box, use the very chamber they have called undemocratic for years to stop legislation. Realistically, an elected Lords should have a UKIP-Tory majority.
I saw earlier some debates on electric cars vs fuel cell
The fact is that fuel cell cars *are* electric cars. Just with a interesting type of primary battery.
In fact, in order to improve efficiency (re-generative braking), smooth the start up and shutdown of the fuel cells (which hate to be turned on and off), you will end up with a substantial battery in fuel cell cars - to act as an energy buffer.
Li-ion batteries are improving in terms of cost/performance by 6-8% per year, compound
The reason that both electric and fuel cell cars are possible is that the drive train is fundamentally much more efficient - you can get 90% of the energy out of a battery to the wheels, while getting 35% of the energy in petrol to the wheels is quite an achievement. Quite simply - neither needs to get the energy density of petrol to deliver the same performance.
not long ago - 250 miles of usable range, 30 minutes charging time off a Supercharger and performance that is terrifying. 3.5 seconds to 60....
OK energy from the battery to the wheels is quite efficient, but what about generation efficiency at the power station, transmission losses,charging losses etc. It is possible to argue both ways about the overall efficiency, they are about equal,but emissions are relocated. The real reason to buy EV is because there is no excise duty on the electricity used.
Comments
To clarify the resolution only applied to diesel engines but it does cover any and all - including ice cream vans which have to have their engine running and also trains at stations or waiting at red lights. I am not sure how many diesel trains there still are but I am also not sure the train operators will be impressed by the idea the trains have to shut down every time they stop moving. Maybe JJ can explain if this is a problem or not as I don't know the technicalities.
Talking of which, I really need to do some work to keep current on the latest developments.
Mr. Speedy, I'm afraid my knowledge of the Holy Roman Empire is rather limited, given its recency.
At day's end it costs and it's not worth it. Mrs Moses haven't even heard of it so hey ho way yo go.
Love brought Nizar Shoukry from his native Syria to Croatia and eventually a dental practice in the border town of Tovarnik. Thirty years later, war is bringing his countrymen, in a chaotic, desperate tide flowing past Shoukry’s door en route to Germany and a promise of asylum.
But the 50-year-old dentist – now an informal liaison between police and refugees – says his sees impostors among them.
“I see so many people from Africa, Afghanistan, Pakistan saying they come from Syria and many do not speak Arabic at all,” he said in his adopted Croatian.
COLD COMFORT FOR THE UNIONISTS
"A poll averaging five recent Scottish opinion polls suggests the Conservatives are on about 14% in constituency voting intentions for the Holyrood elections, which will be held in May next year.
Labour's a bit higher on 22% but way behind the SNP on 54%. The gap between these top two parties is a bit narrower for the regional list vote.
What have the polls been saying?
Voting system breakdown Tory Labour Lib Dem SNP Green
Constituency 14% 22% 6% 54% 5%
Regional 14% 21% 6% 47% 7%
Average percentage of five polls - conducted by TNS BMRB, Ipsos MORI, Panelbase, Survation and YouGov - between 12 August and 10 September, 2015."
Intel simply cannot compete with that.
big.LITTLE is also a lovely idea.
My only criticism of ARM is that, according to some, they saved Apple in the 1990s.
http://www.heraldica.org/topics/national/hre.htm
It's very EU in it's function, complexity and of course results, it even had it's own Jean Claude Junckers ruling it in the 15th century.
Forgot to add in my piece that Lord Ashcroft and Tom Watson "are good friends" - just sayin!
If you are not happy with that they will ensure that votes are taken as many times as necessary to come to the result they want.
Now F# seems to be sexy, machine learning seems to be sexy, and all sorts of other stuff. I can't spot a clear investment in this sort of thing currently.
http://tinyurl.com/q24mmhc
Because ARM is a small company (relative to the big industry players) and independent, they can be trusted. If (say) Apple or IBM had purchased them, then they would not have been able to sell licenses, as no-one would have trusted them not to pull the rug sometime in the future. Samsung (for instance) would be hesitant to use a chip design owned by Apple (for another instance).
ARM will not be taken over in the foreseeable future for that reason: their advantage is in their independence and the fact that allows them to treat all their licencees equally.
Any large company wanting to compete with ARM would face that problem. Any small company wanting to do the same thing (Hello, META!) would have to battle the fact that there is a massive amount of ARM knowledge out there, and trust in ARM's skill and independence.
(*) It should be remembered that as a fabless semiconductor company, ARM makes their money from architectures rather than chips. They sell designs which other people can use directly, or adapt. This is very different from Intel's business model.
The actual words to be published might not live up to the hype generated yesterday - it wouldn't be the first time!
Completely agree. To ignore decisions means an effective end of the EU however the decision made here in effectively "a star chamber" is not acceptable and TBH I am fed up with what Merkel wants
GOP
Trump 24% (19%)
Carson 17% (12%)
Fiorina 13% (10%)
Cruz 8% (9%)
Rubio 8% (6%)
Bush 6% (11%)
Huckabee 6% (6%)
Walker 5% (12%)
Jindal 4% (2%)
Paul 4% (3%)
Kasich 2% (3%)
Christie 1% (1%)
Santorum 1% (2%)
Gilmore 0% (0%)
Graham 0% (0%)
Pataki 0% (0%)
Democrats
Clinton 43%
Sanders 22%
Biden 17%
O'Malley 3%
Webb 3%
Chafee 2%
http://www.publicpolicypolling.com/main/2015/09/trump-still-leads-iowa-clinton-in-good-shape.html
Backwards compatibility is not as important as people think, especially nowadays where the deep, dark depths of chips can be RISC/CISC/VLIW or whatever, and they convert to the interface instructions that poor, underpaid coder slaves trapped in software factories use.
The following is a (for me) interesting video on how the ARM chip came about, including why they accidentally stumbled upon power efficiency, which has been the characteristic that made the company. Four go mad in Cambridge ...
https://www.youtube.com/watch?v=1jOJl8gRPyQ
But I doubt they will buy it. However I have absolutely no inside information on this.
While you won't agree with this, you might enjoy it: http://www.thstailwinds.com/wp-content/uploads/2015/08/debt-delusion-pdf.pdf
Their argument, IIRC, is that:
Qualcomm has $25bn of off-shore cash available, and ARM is just a $18bn company.
Qualcomm wants to always be the first to have an ARM chip of any generation available
Qualcomm is consolidating the chip IP space, hence their purchase of CSR and others
Qualcomm would agree to continue to license ARM designs on a FRAND basis
But what do I know ...
Separately, aren't ARM's occasional licensing of instruction sets an example of essentially licensing a patent (or technically copyright) work?
However to explain in EU speak would take a dozen meetings, two dozen committee approvals and three thousand pages of explanation on parchment paper.
But MIPS was always a load of crock in my experience.
Does it have any customers except a few US set top box makers?
Really, whether ARM is owned by Qualcomm or independent, it is a de facto monopoly.
ARM is essentially seen as a neutral player in the market. You could not say the same about Qualcomm or any other potential purchaser. That would immediately attract competition concerns - especially in countries where there are companies that have had problems with Qualcomm etc in the past. And the EU would definitely be all over it. The reassurances and guarantees that would have to be given in order to ensure ARM technology was essentially available in the way it is available now would take away most of the reasons for paying the premium necessary to acquire the company.
http://www.iam-media.com/blog/detail.aspx?g=1d90d5f9-5eba-477a-9c4a-c40e166a36b0
Still not a clue what you mean.
They went from a couple of hundred to 25k.
Just like a slow Jezza.
http://www.theguardian.com/politics/2014/jun/19/labour-accidentally-offers-everyone-their-own-owl
Edit - I suppose it's rather posh to ask for one in metallic?
ARM aren't quite a monopoly IMO; and if they are, are they exploiting their position?
Can we have a gentleman's wage on the coming sovereign debt crisis? I think it'll affect commodity exporters, like Venezuela, Ecaudor, Brazil, Russia, Chile, Argentina, Nigeria, etc. You think it'll hammer the developed countries.
But there is a feedback loop in place. Falling commodity prices directly add to developed countries GDP (lower prices means higher net exports), increasing growth rates, and making debt service ratios less onerous.
It is perfectly logical for Qualcomm to say "we'll treat ARM like BT does Openreach. It's available to all". And they'll still beat their cost of capital in owning it.
And they will, I'm sure, reap synergies in the future from having first access to all the engineers.
(As an aside, when I was at Goldman, I knew Robin Saxby well, and he was one of the most brilliant, yet self-effacing men I've ever met. One of the best, most under-rated tech CEOs ever. Alongside Henning Kagermann of SAP.)
But you're right, it's not quite a monopoly. Intel - which has the world's greatest process technology - will see to that.
https://i.guim.co.uk/img/static/sys-images/Guardian/Pix/pictures/2014/6/19/1403186867196/aa6f64ef-c476-4c59-80ee-c4bcd2e0c338-bestSizeAvailable.jpeg?w=620&q=85&auto=format&sharp=10&s=e29379801b498526dd283dcae94affbc
Lewandowski comes on as sub
It's 5-1 after an hour and he has got all 5
he fact that Qualcomm - another fabless semi company - has a much greater capitalisaiton indicates ARM aren't being greedy with that monopoly.
The fact is that fuel cell cars *are* electric cars. Just with a interesting type of primary battery.
In fact, in order to improve efficiency (re-generative braking), smooth the start up and shutdown of the fuel cells (which hate to be turned on and off), you will end up with a substantial battery in fuel cell cars - to act as an energy buffer.
Li-ion batteries are improving in terms of cost/performance by 6-8% per year, compound
The reason that both electric and fuel cell cars are possible is that the drive train is fundamentally much more efficient - you can get 90% of the energy out of a battery to the wheels, while getting 35% of the energy in petrol to the wheels is quite an achievement. Quite simply - neither needs to get the energy density of petrol to deliver the same performance.
Had a ride in a
https://en.wikipedia.org/wiki/Tesla_Model_S
not long ago - 250 miles of usable range, 30 minutes charging time off a Supercharger and performance that is terrifying. 3.5 seconds to 60....
not a bad run through here -
https://matter2energy.wordpress.com/2013/02/22/wells-to-wheels-electric-car-efficiency/
Electric cars generally come out ahead....