GS: Ignore the chatter, BlackBerry rebound is coming

BlackBerry’s (RIMM) next-generation BlackBerry 10 platform has received mixed reviews out of the gate, but most seem to agree that the new OS and first two BlackBerry 10 smartphones will do little to attract interest from users of rival platforms. But as analysts continue to back off BlackBerry and investors lose confidence, Goldman Sachs sees a big opportunity for clients.

[More from BGR: Here comes the PlayStation 4: Sony announces February 20th PlayStation event [video]]

In a recent research note to clients picked up by Barron’s, Goldman Sachs analyst Simona Jankowski urged investors to take advantage of BlackBerry’s recent slide and buy shares at a discount.

[More from BGR: BlackBerry 10 browser smokes iOS 6 and Windows Phone 8 in comparison test [video]]

“We continue to see significant upside to estimates over the next three quarters, as BB10 devices drive upside to the Street’s ASP and margin forecasts,” Jankowski wrote. ”With 110 carriers completing lab testing by February, 50 carriers offering integrated billing, and Verizon getting an exclusive for the white Z10, we continue to see strong carrier support for BB10. Consumer adoption will decide the ultimate outcome, but estimate revisions should be a positive catalyst in the meantime.”

Jankowski also noted that BlackBerry Z10 sales could reach roughly 1 million units in the UK and Canada alone. The analyst believes BlackBerry World is off to a solid start with more than 70,000 available BlackBerry 10 apps, and the new platform includes a number of novel features that will attract attention.

“Consistent with BB10s browser superior performance on industry benchmarks – the Ringmark and HTML 5 tests – our preliminary tests show it to be much faster than leading competitive offerings. Additionally, while the company provided a full demo of the BB10 OS, we believe the details around Hub, Flow, Peek, and Balance were largely known. BlackBerry believes its Keyboard functionality will be a key differentiator, with the capability to ‘flick’ entire words to the screen with a single thumb. It can also recognize multiple languages within a single text or email.”

She continued, adding that the new BBM, BlackBerry Remember, Story Maker and enhanced camera functionality are all compelling features that will draw attention to the new platform.

Jankowski reiterated a Buy rating on BlackBerry shares with a $ 19 price target.

This article was originally published on BGR.com

Gadgets News Headlines – Yahoo! News

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Brandi Glanville Talks Plastic Surgery and Says She's Done Talking About Eddie Cibrian and LeAnn Rimes

Brandi Glanville's new tell-all, Drinking and Tweeting: And Other Brandi Blunders, is chock-full of juicy stories about her ex husband Eddie Cibrian, but The Real Housewives of Beverly Hills star says that after promotion wraps on the book, she will no longer speak out about the actor and his wife LeAnn Rimes.

Pics: LeAnn Rimes Defends Self with Teeny Weeny Bikini Photos

"As soon the book tour is over, I'm done. I'm not gonna be talking about them publicly," vows Brandi of the topic that has gotten her into a bit of trouble in the past. "I won't be answering questions about them publicly, this is my final chapter. This is all my side of the story is in the book and then I'm done."

As Brandi's book tour has yet to conclude, Eddie is still fair game.

In Drinking and Tweeting, out February 12, Brandi reveals that she took revenge on her ex by sticking him with a $12,000 credit card bill for vaginal rejuvenation surgery after finding out about his extra-marital affair with LeAnn.

Related: LeAnn Rimes On Twitter War with Brandi Glanville

Now swearing off invasive surgeries, Brandi has found more inventive ways to look young. Instead, the RHOBH star has opted for a visit to Beverly Hills dermatologist Dr. Simon Ourian to get cosmetic fillers injected into her hands, which she says are starting to look "old."

Watch the video to follow Brandi during the procedure!

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Con Ed worker injured by explosion on UWS

On Friday a Con Ed worker was injured when a small electrical explosion burned his face and arms as he worked inside a tony Upper West Side apartment building, authorities said.

The explosion sent the unidentified Con Ed worker and one other injured person to New York Presbyterian Hospital/Cornell Medical Center in stable condition at about 12:50 p.m., the FDNY said.

The Con Ed worker suffered a flash burn to his face with first and second degree burns to his arms, neck and hands while working on a service box, Bob McGee, a spokesman for Con Ed said.

The other victim was burned on his hands, neck and face, FDNY officials said.

It wasn't immediately clear whether the second victim was a resident in the Windermere – an upscale building on West 92 Street and West End Avenue – but a Con Ed spokesman confirmed there was only one worker injured.

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Healthcare experts see bumpy road ahead: “Shift happens”

The healthcare industry in South Florida, like the rest of the country, faces huge challenges in the year ahead as major federal reforms kick in, experts told about 700 people at a University of Miami conference on Friday.

“We are at a critical time in health policy,” said Mark McClellan, former head of the Centers for Medicare and Medicaid Services. “There are going to be some bumps along the way,” especially starting in 11 months, when the biggest changes in the Affordable Care Act kick in.

“Bumps may be understating what we may go through,” said Patrick Geraghty, chief executive of Florida Blue, the state’s largest health insurer.

They spoke at the conference on the Business of Healthcare Post-Election. The speakers accepted the federal reforms — often referred to as Obamacare — as not only inevitable but necessary. As Tom Daschele, a former Democratic U.S. senator from South Dakota, put it, “having 50 million uninsured is just unacceptable.”

But the reform act, signed into law in 2010, contains more than 2,000 pages, plus thousands of pages more of enabling regulations — details that will have major, and perhaps unexpected, impacts on the healthcare industry, which now makes up almost 20 percent of the nation’s economy.

In October, insurance exchanges will open for enrollment — groups that will allow individuals and small businesses to purchase policies with no exclusions for pre-existing conditions. Starting next January, virtually everyone will be required to have insurance, Medicaid will expand in many states, and businesses with more than 50 full-time equivalent employees will be required to provide insurance or pay fines.

“Jan. 1 is a very significant date,” said Steven Ullmann, director of health policy at the UM business school. He called reforms “a process” that will change over time.

“The one thing we know is that healthcare reform will be reformed,” said Chris Jennings, a Washington health policy advisor for the Clinton administration and three senators.

Karen Ignagni, president of America’s Health Insurance Plans, the insurers’ trade group, said she had strong ideas about tweaks that could minimize disruption. One arcane, but crucial provision of the law requires that an older person’s policy can be no more than three times as expensive as a young person’s.

The provision will mean huge increases in the policies of younger persons, to pay for the much higher costs of their elders. Insurers are asking for that policy to be postponed for two years, retaining the present maximum spread of about five to one, so that younger people could sign up for insurance without huge sticker shock.

For example, if a 25-year-old now pays $100 and a 60-year-old pays $500, the new rule would hike the younger person’s premium to $150 and cut the older person’s premium to $550 — a 50 percent increase for one and a 10 percent decrease for the other.

The thinking of lawmakers was that by lowering ratio, the costs of healthcare would be spread out and shared more equally by the population.

Anne Phelps, a healthcare principal with Ernst & Young, said she favored another change in the law, which now requires that next year a company with the equivalent of 50 employees to provide insurance for anyone working more than 30 hours a week or pay a fine. She thought the threshold should be raised to 32 or 34 hours.

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Sen. Marco Rubio's role in immigration debate draws tea party criticism and support

WASHINGTON --
U.S. Sen. Marco Rubio was lifted to national prominence with help from the tea party, but his leadership on immigration reform has elicited strong reaction from members of the conservative movement, from outrage to acceptance.

“A lot of members are saying it’s an amnesty bill. They’re not happy with him,” said Everett Wilkinson of South Florida, who heads the newly named Liberty Federation boasting more than 100,000 members.

Wilkinson said he’s been in contact with Rubio’s office and has asked for information to help explain Rubio’s thinking to tea party members.

“Most of them are upset. We feel there’s other issues he could be focused on,” Wilkinson said, citing the debt. “It could hurt him with the tea party but it’s too early to say. This whole thing could go off like an Acme rocket. You never know what direction it’s going to go. He may hop off it.”

But Henry Kelley of the Florida Tea Party Network said members he’s been in touch with are generally supportive of Rubio’s approach, which calls for tougher enforcement before a pathway to citizenship kicks in.

“I’ve always said ’round them up and throw them out’ is not a strategy,” Kelley said. “It’s time to deal with this. I don’t see this as amnesty.”

Since joining the debate last month, Rubio has aggressively sold his message to just about anyone who will listen. On Tuesday alone he appeared on Univision, Telemundo, CNN en Espanol, Fox News’ American Morning and did interviews with Rush Limbaugh, Sean Hannity, Mike Huckabee and Mark Levin, an ultra-conservative radio host.

Largely he has quieted dissent from conservative thought leaders, providing hope that he can deliver Republican votes.

But in recent days another side has surfaced. The headline on a piece Wednesday by an editor from National Review was headlined “Marco Rubio’s bad deal.” Erick Erickson of the influential Red State blog wrote: “I don’t like Marco Rubio’s plan. There I said it.”

Twitter has lit up with criticism.

@SteveNewcomer wrote: “How quick the Tea Party candidates turn! RUBIO IS ANOTHER SELL-OUT!”

@BarryOCommunist wrote, “@marcorubio you’re dead to me. No this isn’t a threat but rather an observation. You’re a sell out just like the rest of #GOP.”

Twitter is hardly a scientific guide of public sentiment but the grief has been steady. Rubio is also receiving praise. “I appreciated your honesty and passion while on Limbaugh,” wrote Robert C. Howington, who describes himself on Twitter as a school teacher, home builder and conservative.

Rubio has a special relationship with the tea party. Though he was long an establishment Republican, serving nine years in the Florida House, the tea party gave him a boost in his 2010 U.S. Senate race against then-Republican Gov. Charlie Crist.

Rubio played down the political implications, saying feedback he’s gotten has been helpful. His office has been interacting with tea party members on immigration for the past year and a conference call is being considered as the debate begins to reach a boil.

“I wouldn’t call it backlash,” Rubio said in an interview Thursday. “Look, there are people that have very bad memories about some of the efforts in the past that have been made to reform immigration.”

He stressed that the plan he’s signed onto is only a set of principles that need to be formed into legislation.

Asked about the risk of being invovled, he said, “I haven’t done a political analysis of this. I just think this country has a problem and we have to address it once and for all.”

There’s little doubt Rubio, who campaigned in 2010 on a mostly hard-line approach to immigration, sees the shifting mood. How successful the GOP is in reversing its declining support among Hispanics could help determine Rubio’s fortunes as a future presidential candidate.

Rubio acknowledges that fixing immigration alone won’t turn Hispanics to the GOP but says it will clear the way for him and others to pitch the virtues of smaller government.

“I understand there are those who will not support any effort,” he wrote in response to Erickson’s critical blog. “Some raise valid points and I respect their views. But in the end, to leave things the way they are now is de facto amnesty and a barrier to accomplishing important government reforms in other areas. It is no way to run a nation of immigrants.”

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Deion Sanders Talks Possible Destiny's Child Super Bowl Show

While die hard fans debate whether or not Destiny's Child will actually perform together at the Super Bowl, according to NFL Network's Deion Sanders, there's only one logical outcome.

PICS: Inside Beyonce's Super Bowl Rehearsals!

"You gotta think about her heart and her character," said the NFL hall of famer, who assumes that fans can expect some sort of reunion between the girls. "She would want to share this stage with her friends or those persons that are responsible for her being who she is."

Before Primetime sat down with ET's Rocsi Diaz, alongside NFL Network host Rich Eisen, Beyonce turned a Super Bowl press conference into a mind-blowing concert by singing the national anthem live a capella. But for Sanders, the most indelible moment happened away from the podium.

"I've been suffering from a bit of insecurity all my life as you all know," joked the former brash NFL star. "To have Beyonce recite the lyrics to my hit song [Must Be the Money] and do my dance -- I quit."

Find out whether the Destiny's Child Super Bowl reunion will happen when the big game airs Sunday on CBS.

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Former New York City Mayor Ed Koch dead at age 88: sources

AP

Ed Koch served as New York City's Mayor from 1978 until 1989.

Former Mayor Ed Koch died early this morning, sources told The Post. He was 88.

Koch had been in and out of the hospital in recent months, and was admitted Monday at New York Presbyterian Medical Center.

He was moved to intensive care yesterday as his condition worsened.

Koch – who served as mayor from 1978 to 1989 – died at about 2 a.m. today, sources said.

Former New York City Mayor Ed Koch had battled health issues in recent months.

The three-term mayor and former congressman was first elected to City Hall in 1977. Since leaving elected office, he has worked as a lawyer and remained an active presence on the city’s political scene. He also appeared as the judge on the TV show “The People’s Court” for two years.

The larger-than-life Koch, who breezed through the streets of New York flashing his signature thumbs-up sign, won a national reputation with his feisty style. "How'm I doing?" was his trademark question to constituents, although the answer mattered little to Koch. The mayor always thought he was doing wonderfully.

Bald and bombastic, paunchy and pretentious, the city's 105th mayor was quick with a friendly quip and equally fast with a cutting remark for his political enemies.

"You punch me, I punch back," Koch once memorably observed. "I do not believe it's good for one's self-respect to be a punching bag."

The mayor dismissed his critics as "wackos," waged verbal war with developer Donald Trump ("piggy") and mayoral successor Rudolph Giuliani ("nasty man"), lambasted the Rev. Jesse Jackson, and once reduced the head of the City Council to tears.

"I'm not the type to get ulcers," he wrote in "Mayor," his autobiography. "I give them."

Under his watch from 1978-89, the city climbed out of near-financial ruin thanks to Koch's tough fiscal policies and razor-sharp budget cuts, and subway service improved enormously. But homelessness and AIDS soared through the 1980s, and critics charged that City Hall's responses were too little, too late.

Koch said in a 2009 interview with The New York Times that he had few regrets about his time in office but still felt guilt over a decision he made as mayor to close Sydenham Hospital in Harlem. The move saved $9 million, but Koch said in 2009 that it was wrong "because black doctors couldn't get into other hospitals" at the time.

AP

Ed Koch gives the thumbs up sign to thousands of commuters surrounding him on the walkway of the Brooklyn Bridge during New York City's transit strike in 1980.

"That was uncaring of me," he said. "They helped elect me, and then in my zeal to do the right thing, I did something now that I regret."

Among his favorite moments as mayor was the day in 1980 when, seized by inspiration, he walked down to the Brooklyn Bridge during a rare transit strike and began yelling encouragement to commuters walking to work.

"I began to yell, 'Walk over the bridge! Walk over the bridge! We're not going to let these bastards bring us to our knees!' And people began to applaud," he recalled at a 2012 forum. His success in rallying New Yorkers in the face of the strike was, he said, his biggest personal achievement as mayor.

In 1983, he even hosted an episode of "Saturday Night Live."

A new documentary about Koch’s career premiered at the Museum of Modern Art on Tuesday. He had been expected to attend before falling ill.

The former mayor's legacy also lives on with the Queensboro Bridge, which was officially renamed in his honor in 2011.

With AP

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Mompreneur jumps into the ‘Shark Tank’

It all started with a 4 a.m. email nearly a year ago: “Do you think a baby bib could change the world? I do...”

Then Susie Taylor included a link to her website, bibbitec.com, and off it went to Shark Tank, the popular ABC television show where entrepreneurs pitch their companies to investors on the show — and by extension, 7 million viewers.

Four months later, as the “mompreneur” was leaving her Biscayne Park home to pick up her kids from school, she got a call from the show asking her to pitch on the spot. Driving with her phone on her shoulder, she told the Bibbitec story.

Shark Tank bit. After a few more back and forths, her segment was filmed last summer.

Friday night, Taylor is scheduled to be on the show pitching Bibbitec’s main product, “The Ultimate Bib,” a patented generously sized, stain-resistant and fast-drying child’s bib made in the USA — Hialeah, to be exact. Bibbitec’s $30 bib can be a burp cloth, changing pad, breast feeding shield, full body bib, place mat, art smock and more, Taylor says.

We won’t be getting any details on what happens Friday night when she and her husband, Stephen Taylor, get into the tank with Daymond John, Mark Cuban and the other celebrity sharks; Taylor has been contractually sworn to secrecy. But whatever the outcome, she believes it will be worth it for the marketing pop.

Taylor was inspired to create her bib after a long and very messy plane ride with her two young sons and started Bibbitec in 2008. She and her team — her husband is CFO, her sister, Heather McCabe, handles sales and marketing, her uncle, Richard Page, is in charge of production, and her aunt, Marcia Kreitman, advises on design — have expanded the line to include The Ultimate Smock for older children and the Ultimate Mini for babies. Coming soon: a smock for adults.

Taylor already got a taste of what a national TV show appearance can do for sales. In September, Bibbitec’s sales jumped 40 percent after she was on an ABC World News "Made in America" segment. “Within 30 seconds, we started getting sales from all over the country and they didn’t even mention our name on the air,” Taylor says. She said that confirmed her belief that a Shark Tank appearance would be worth it.

Plus, Taylor has been hooked on Shark Tank since the first time she watched it in 2008 as she was developing her product. Trained in theater, she admits she didn’t know much about business and learned from the show. She would practice how she would answer the questions.

“I’m all about empowering women who are sitting on the couch watching, because that’s what I was four years ago,” says Taylor. “All I wanted to do was to be on Shark Tank because I believed if I got on Shark Tank the world will see what I am trying to do and that’s all I need. I know it’s a great product.”

Will that theater training come in handy Friday night? Stay tuned. Shark Tank airs at 9 p.m. on ABC and Taylor hopes viewers will join in on Twitter using the hashtag #sharkbib.

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Weather alert: Cool-down to the 50s expected Thursday, Friday nights

A cool front is heading our way.

Temperatures in South Florida are forecast to dip into the 50s starting Thursday night.

Whoo-hoo!

But before that, highs will rise to the mid- to upper-70s before cooling down overnight to the mid-50s with a breeze.

Friday night will be cool again, with lows in the upper-50s.

A similar patter is predicted through the weekend.

Click here for the full weather forecast.

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Nintendo chief rules out price cuts for Wii U

TOKYO (AP) — Nintendo‘s president Thursday ruled out price cuts for its new Wii U home console as a way to boost sales, vowing to become profitable again in its core businesses as smartphones and tablets increasingly threaten specialized game machines.

Satoru Iwata, speaking at a Tokyo hotel to investors and reporters a day after earnings were released, acknowledged the sales momentum for the Wii U, as well as the 3DS hand-held game machine, had run out of steam during the key year-end shopping season, especially in the U.S.

But he said no price cuts were in the works. Price cuts are common in the gaming industry to woo buyers, but the move can backfire by trimming revenue. The Wii U now sells for about $ 300 in the U.S. and 25,000 yen in Japan.

“We are already offering it at a good price,” he said.

Iwata said he expects operating profit of more than 100 billion yen in the 12 months ending March 2014, promising that as “a commitment.”

But he acknowledged more work was needed to have consumers understand the Wii U, which went on sale globally late last year, as well as producing more game software to draw buyers.

All game machines have suffered in recent years from the advent of smartphones and other mobile devices that have become more sophisticated and offer games and other forms of entertainment.

Nintendo returned to net profit for the April-December period of 2012 from deep losses the previous year, but that was due to a perk from a weaker yen, which helps Japanese exporters such as Nintendo.

Its operating result, which removes currency fluctuations, was a loss of 5.86 billion yen ($ 64 million), and Nintendo expects that to swell to a 20 billion yen ($ 220 million) loss for the full business year ending March 2013 as sales of its game consoles fall short of expectations.

Iwata said Nintendo is preparing more game software, including those developed in-house, for the end of this year.

Kyoto-based Nintendo, which makes Super Mario and Pokemon games, lowered its full year sales forecast Wednesday to 670 billion yen ($ 7.4 billion) from 810 billion yen ($ 8.9 billion). It also said it was going to sell fewer Wii U consoles for the fiscal year through March than its previous projection. The Wii U has a touch-screen tablet controller called GamePad and a TV-watching feature called TVii.

The company forecasts it will sell 4 million Wii U consoles for the current fiscal year, ending March 31, down from its earlier estimate of 5.5 million units. The Wii U, which went on sale late last year, was the first major new game console to arrive in stores in years.

Nintendo, also behind the Donkey Kong and Zelda games, lowered its full year sales forecast for Wii U game software units to 16 million from 24 million.

Iwata said last year holiday sales quickly dissipated in the U.S. and some European nations, including Great Britain, the key market. He said the U.S. home console sales were the worst for Nintendo in nearly a decade.

He said Nintendo needs hit games to push console sales, and the company remains confident Wii U will prove more popular with time.

“The chicken-and-game problem has not been solved,” he said of the need for both game software and machine hardware.

“I feel a deep sense of responsibility for not being able to produce results for our year-end business,” said Iwata.

He declined to say what he would do if the company failed to attain the promised operating profits.

Nintendo sank into a loss the previous fiscal year largely because of price cuts for its hand-held 3DS game machine, which shows three-dimensional imagery without special glasses. That machine is also struggling in most global markets.

Shigeru Miyamoto, Nintendo’s famed game designer, said what was missing were games for the Wii U that made its appeal clear. The progress in smartphones has also posed a challenge for Nintendo, he said.

“People have to try it to see it is fun,” Miyamoto said of Wii U.

___

Follow Yuri Kageyama on Twitter at www.twitter.com/yurikageyama

Gaming News Headlines – Yahoo! News

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