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Drill bits machine are cutting tools used to remove material to create holes, always of circular cross-section. Drill bit is a tool designed to create a cylindrical hole in the earth’s crust by the rotary drilling machine method for the extraction of hydrocarbon such as natural gas, petroleum, and crude oil. Drill bits are mainly classified into two types such as rolling cutter and fixed cutter bits. The structure of rolling cutter drill bits are tooth shape. Rolling cutter is used to two or more cone shaped element that roll across the borehole as the bite is rotated. Fixed cutter mostly use in natural or synthetic diamond, to remove material by grinding action as the bit is rotated.

Increasing world energy demand with high cost of natural oil and gas is the major driving factors for the global Drill Bits Market for oil and gas application. Large scale drilling and Exploration and Production (E&P) activities in both onshore and offshore oilfields, is the another key driving factor for drill bit. Moreover, Advancement in technology to provide better services expected to fuel the drill bit market over the forecast period. However, government control over oil and gas price hamper adoption of new technologies.

The global drill bits market is segmented on the basis of products and region. Based on different product market is segmented as roller cutter bits and fixed cutter bits. Roller cutter bites are includes milled-tooth bits and tungsten carbide inserts. Similarly, fixed cutter bits are includes polycrystalline diamond bits (PDC), natural diamond bits.

Browse the full “Drill bits Market – Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020″ report at

The report provides a comprehensive view on the drill bits market we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the drill bits market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness. It includes company market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the drill bits market based on product, and region segment.

Major regional segments analyzed in this study include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries including U.S., Germany, France, UK, China, Japan, India, and Brazil. This segmentation includes demand for drill bits market based on individual products in all the regions and countries.

The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include National Oilwell Varco, NewTech Drilling Products LLC, Halliburton, Baker Huges, Inc., Atlas Copco, Scientific Drilling International, Inc., Torquado Drilling Accessories Inc. and Varel International, Inc.

Get Sample Report at

Drill Bits Market: Product Segment Analysis

  • Roller Cone Bits
    • Milled-Tooth Bits
    • Tungsten Carbide Inserts
  • Fixed Cutter Bits
    • Polycrystalline Diamond Bits (PDC)
    • Natural Diamond Bits

Drill Bits Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

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Friday, March 13, 2009

With a Queensland state election coming up in Australia, many minor parties will be looking to hold balance of power and making the major parties listen to what they have to say. The Queensland Greens are one of these parties.

Wikinews reporter Patrick Gillett held an exclusive over-the-phone interview with Greens candidate for the electoral district of Maroochydore, Brenton Clutterbuck.

Mr. Clutterbuck is a graduate of Sunshine Coast Grammar School and is currently studying Education at the University of the Sunshine Coast.

Queensland’s unicameral parliament is up for election on March 21. The election campaign will run for a total of 26 days following the issue of the writs by Governor Penelope Wensley.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_Brenton_Clutterbuck,_candidate_for_the_electorate_of_Maroochydore_at_the_upcoming_Queensland_election&oldid=2714792”

 Correction — February 25, 2008 Translation problems from German to English, see Talk page. 

Thursday, December 27, 2007

A year ago I would have found the current outcome almost revolutionary. … A lot has been achieved, but the biggest hurdles are still in front of us.

With the Climate Conference in Bali having come to a successful conclusion, Wikinews journalist Sean Heron interviewed Christoph Bals from the German NGO Germanwatch on his opinion of the outcome, and an outlook on the future negotiations. Christoph is the Senior Political Executive of Germanwatch, Co-Author of the Climate protection-Index and did lobby work on Bali.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_Christoph_Bals_of_the_NGO_Germanwatch_after_conclusion_of_climate_conference&oldid=784689”

If so, use these tips to clear yourself some space to work in-and stay on top of your most urgent action items.

“I know I had it here somewhere…”One big reason we can’t find the information we need when we need is that there’s just too much of it. Not just too much coming in, but too much piling up. Resist unnecessary information overload and protect your mind-and your desk-from clutter. Why go through three inches of stuff when you’re only looking for one piece of paper?

When you take a piece of paper and you put it somewhere flat, it takes up almost a square foot of space. The instant that you put anything on top of it-Bingo! You’re halfway to compost. You’re creating a random access office.

On computers, RAM works really well. In humans, most of our memory is in context, so random access is a recipe for disaster.

Having to look through piles of paper steals your time every day. Even worse, while you’re looking through those piles, your focus is dissolving. And then you have to get back into what I call work-state or focus in order to do a good job again.

Get it VERTICAL!When you get your paper vertical, you can fit more than two reams of paper into that same one square foot of physical space that just one piece of paper occupies when it’s horizontal!

To start with, let’s consider an escalating wire sorter, which makes a great visual to-do list with the most important things in the front. Notice how it “climbs” – so the top of each file sticks up above the one in front of it.

That means you can see all of the contents at once, without having to actually touch any of the others. You can use several sorters to improve fingertip access to your information. For example use one each for related People, Projects and Meetings to-dos.

There are many different organizing tools to help you get your paper vertical, and most are available in any office supply store.

Does it really belong on your desk?The only things that live on top of my desk are the computer monitor, desk caddy with pens/paperclips etc., my phone and message book, and the electric stapler. I strive for nothing else on my desktop unless I’m working on it that day.

In deciding what really belongs on your desk, you need to think: “Frequency of use determines ease of access.” If you’re not using it that day or every day, put it somewhere farther away from you. Or when a bunch of paper is ‘sticking’ to your hand, try “The more often I use it — the closer it has to be.”

Remove any materials, supplies, etc. that you are not using or actually working on today or tomorrow from your Action Zone. Even if you don’t take the time to file them now, get them off your desk and out of your way.

Defining your Action ZoneYour Action Zone is the area you can reach comfortably while sitting in your chair. That means no stretching and no standing up. How big an area this is depends on how long your arms are. No matter how large your office is, your Action Zone is limited by the size of your “wingspan.”

That’s why the work area available to you on your desk is so crucial. It’s also why you want an L- or U-shaped workstation: you can turn your chair and be in a whole different Function Zone.

If you have an L-shaped setup, set it up so your Computer Function Zone is on one side, and your Paper Function Zone is on the other side of the L.

Making Room on Your DeskDitch all those cracked coffee cups of pens and pencils and use one small desk caddy like this, which circles around for easy access. It has all the basic desk tools in here that you usually need.

If you took all the tools that fit in here and spread them on your desk it takes up two square feet. (I confess I’m a little nutty, I actually did this). The desk caddy footprint only uses up eight inches square.

If you like to spread out big projects, you can pick up the desk caddy, take it into another room, spread out your materials, and you’ve got an instant “office” no matter where you are.

Desk Drawers EQUAL Action DrawersIn the shallow “bureau” drawer in my desk, I keep a 10-key solar calculator, a tray for my expenses, business cards, stamps, return address labels, and Post It notes-all things I use frequently while working at my desk.

Another good way to use these small drawers is to get a tray-style organizer for your desk tools instead of a desk caddy like mine. When you sit down at your desk, just leave the drawer open so your tray is available the entire time you’re working. Then none of those tools is cluttering up your desk surface.

When you’re sitting at your desk and your file drawer is pulled out, instead of having your files face the front of the drawer, turn the files 90 degrees, so the file tabs face your chair. Then when you pull the drawer out the files (and their labels) are facing you.

The categories in my Action Drawer are: Business, Finances, Clients, Networks, and Eve. These are the files that I’m into on an almost daily basis. This is where my quarterly expenses and invoices go.

Come the end of that quarter, these files get moved into the Expenses part of my History File Zone, and I set up new files for the next quarter in the Action Drawer. Keep the paper flowing through and out!

Keeping Your Desk Clear

1. Don’t let it land on your desk unless it’s an action item. Establish a separate inbox for mail and a “file pile” away from your desk.

2. Keep your Action files vertical and clearly labeled, so you can see what you need to do today. Use the same categories for the sorter on your desk and your Action file drawer.

3. When you finish working with any piece of paper, move it out of your Action Zone. Put it into that file pile-or recycle it if you really won’t need it again.

Have fun getting control over your desk again!

For more time-saving tips go to Copyright 2005 Eve Abbott. All Rights Reserved.

Tuesday, August 31, 2010

Every September, the Apple iPod is redesigned. Last year saw the release of the iPod Nano 5th generation, bringing a video camera and a large range of colours to the Nano for the first time. But as Apple again prepares to unveil a redesigned product, the company has released their quarterly sales figures—and revealed that they have sold only 9m iPods for the quarter to June—the lowest number of sales since 2006, leading industry anylists to ponder whether the world’s most successful music device is in decline.

Such a drop in sales is not a problem for Apple, since the iPhone 4 and the iPad are selling in high numbers. But the number of people buying digital music players are concerning the music industry. Charles Arthur, technology editor of The Guardian, wrote that the decline in sales of MP3 players was a “problem” for record companies, saying that “digital music sales are only growing as fast as those of Apple’s devices – and as the stand-alone digital music player starts to die off, people may lose interest in buying songs from digital stores. The music industry had looked to the iPod to drive people to buy music in download form, whether from Apple’s iTunes music store, eMusic, Napster or from newer competitors such as Amazon.”

Mark Mulligan, a music and digital media analyst at Forrester Research, said in an interview that “at a time where we’re asking if digital is a replacement for the CD, as the CD was for vinyl, we should be starting to see a hockey-stick growth in download sales. Instead, we’re seeing a curve resembling that of a niche technology.” Alex Jacob, a spokesperson for the International Federation of the Phonographic Industry, which represents the worldwide music industry, agreed that there had been a fall in digital sales of music. “The digital download market is still growing,” they said. “But the percentage is less than a few years ago, though it’s now coming from a higher base.” Figures released earlier this year, Arthur wrote, “show that while CD sales fell by 12.7%, losing $1.6bn (£1bn)in value, digital downloads only grew by 9.2%, gaining less than $400m in value.”

Expectations that CDs would, in time, become extinct, replaced by digital downloads, have not come to light, Jacob confirmed. “Across the board, in terms of growth, digital isn’t making up for the fall in CD sales, though it is in certain countries, including the UK,” he said. Anylising the situation, Arthur suggested that “as iPod sales slow, digital music sales, which have been yoked to the device, are likely to slow too. The iPod has been the key driver: the IFPI’s figures show no appreciable digital download sales until 2004, the year Apple launched its iTunes music store internationally (it launched it in the US in April 2003). Since then, international digital music sales have climbed steadily, exactly in line with the total sales of iPods and iPhones.”

Nick Farrell, a TechEYE journalist, stated that the reason for the decline in music sales could be attributed to record companies’ continued reliance on Steve Jobs, CEO of Apple, saying that they had considered him the “industry’s saviour”, and by having this mindset had forgotten “that the iPod is only for those who want their music on the run. What they should have been doing is working out how to get high quality music onto other formats, perhaps even HiFi before the iPlod fad died out.”

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When Jobs negotiated a deal with record labels to ensure every track was sold for 99 cents, they considered this unimportant—the iPod was not a major source of revenue for the company. However, near the end of 2004, there was a boom in sales of the iPod, and the iTunes store suddenly began raking in more and more money. The record companies were irritated, now wanting to charge different amounts for old and new songs, and popular and less popular songs. “But there was no alternative outlet with which to threaten Apple, which gained an effective monopoly over the digital music player market, achieving a share of more than 70%” wrote Arthur. Some did attempt to challenge the iTunes store, but still none have succeeded. “Apple is now the largest single retailer of music in the US by volume, with a 25% share.”

The iTunes store now sells television shows and films, and the company has recently launced iBooks, a new e-book store. The App Store is hugely successful, with Apple earning $410m in two years soley from Apps, sales of which they get 30%. In two years, 5bn apps have been downloaded—while in seven years, 10bn songs have been purchased. Mulligan thinks that there is a reason for this—the quality of apps simply does not match up to a piece of music. “You can download a song from iTunes to your iPhone or iPad, but at the moment music in that form doesn’t play to the strengths of the device. Just playing a track isn’t enough.”

Adam Liversage, a spokesperson of the British Phonographic Industry, which represents the major UK record labels, notes that the rise of streaming services such as Spotify may be a culprit in the fall in music sales. Revenues from such companies added up to $800m in 2009. Arthur feels that “again, it doesn’t make up for the fall in CD sales, but increasingly it looks like nothing ever will; that the record business’s richest years are behind it. Yet there are still rays of hope. If Apple – and every other mobile phone maker – are moving to an app-based economy, where you pay to download games or timetables, why shouldn’t recording artists do the same?”

Well, apparently they are. British singer Peter Gabriel has released a ‘Full Moon Club’ app, which is updated every month with a new song. Arthur also notes that “the Canadian rock band Rush has an app, and the industrial rock band Nine Inch Nails, led by Trent Reznor – who has been critical of the music industry for bureaucracy and inertia – released the band’s first app in April 2009.” It is thought that such a system will be an effective method to reduce online piracy—”apps tend to be tied to a particular handset or buyer, making them more difficult to pirate than a CD”, he says—and in the music industry, piracy is a very big problem. In 2008, the International Federation of the Phonographic Industry estimated that 95% of downloads were illegitimate. If musicians can increase sales and decrease piracy, Robert says, it can only be a good thing.

“It’s early days for apps in the music business, but we are seeing labels and artists experimenting with it,” Jacob said. “You could see that apps could have a premium offering, or behind-the-scenes footage, or special offers on tickets. But I think it’s a bit premature to predict the death of the album.” Robert concluded by saying that it could be “premature to predict the death of the iPod just yet too – but it’s unlikely that even Steve Jobs will be able to produce anything that will revive it. And that means that little more than five years after the music industry thought it had found a saviour in the little device, it is having to look around again for a new stepping stone to growth – if, that is, one exists.”

Retrieved from “https://en.wikinews.org/w/index.php?title=As_increase_in_digital_music_sales_slows,_record_labels_look_to_new_ways_to_make_money&oldid=2330994”

Wednesday, September 3, 2008

Various questions have been raised about the choice of Alaska Governor Sarah Palin as Senator John McCain’s choice for Republican vice presidential running mate. There have been doubts over how thoroughly McCain had examined Palin’s background before announcing that he had selected her to be his running mate on August 29. McCain’s advisers insist that Palin was “thoroughly vetted,” a process that would have included a review of all financial and legal records as well as a criminal background check.

Palin is the Republican Party’s first female candidate for Vice President. In 1984, Geraldine Ferraro was Walter Mondale’s running mate on the Democratic Party ticket.

Yesterday, Palin and her husband issued a statement saying that their 17-year-old unmarried daughter Bristol is five months pregnant and that she intends to marry the father of the baby. The statement came after media speculation and internet rumours that Palin’s 4-month-old son, Trig, was in fact her grandson, and that the mother is Bristol.

Senator Barack Obama, McCain’s opponent in the 2008 election, was asked to comment on Palin’s family situation:

“Let me be as clear as possible… I think people’s families are off-limits, and people’s children are especially off-limits. This shouldn’t be part of our politics. It has no relevance to Governor Palin’s performance as governor or her potential performance as a vice president,” said Obama.

Obama further told reporters to “back off these kinds of stories” and noted that he was born to an 18-year-old mother himself. Obama became annoyed when asked about a news report that quoted an unnamed senior McCain campaign aide saying that Obama’s name appears in liberal blogs speculating about Trig’s parentage. “I am offended by that statement… There is no evidence at all that any of this involved us.”

“We don’t go after people’s families; we don’t get them involved in the politics. It’s not appropriate, and it’s not relevant,” Obama added. “Our people were not involved in any way in this, and they will not be. And if I ever thought that there was somebody in my campaign that was involved in something like that, they’d be fired.”

The McCain campaign said that Senator McCain was aware of Bristol Palin’s pregnancy before he asked her mother to join him on the ticket. McCain reportedly did not see the pregnancy as a detriment to Governor Palin’s selection as the vice presidential candidate.

McCain told reporters that he was satisfied with his campaign’s vetting process: “The vetting process was completely thorough and I’m grateful for the results.”

Governor Palin has hired a private lawyer in a legislative ethics investigation in Alaska into whether she abused her power in dismissing the state’s public safety commissioner, Walter Monegan. The investigation is checking into whether Palin dismissed Monegan for his reluctance to fire Palin’s former brother-in-law, Mike Wooten.

There is no sign that Palin’s formal nomination this week at the Republican National Convention was in jeopardy. The controversy adds anxiety to Republicans who are worried that Democrats would use the selection of Palin to question McCain’s judgment. Republicans were quick to note that Palin has “more executive experience” in elected office than does Obama and have gone on the offensive.

McCain’s choice of Palin came as a shock to some, after it was expected that McCain would choose Joe Lieberman, Tim Pawlenty, or Tom Ridge for the vice presidential nomination. McCain had reportedly met Palin only twice before her selection, and had his first face-to-face interview with her on August 28. McCain offered Palin the vice presidential spot just moments after their meeting concluded. The two appeared at a campaign rally event the following morning in Dayton, Ohio.

Retrieved from “https://en.wikinews.org/w/index.php?title=Questions_raised_about_McCain%27s_choice_of_Palin,_aides_insist_%22thorough_vetting%22_process&oldid=1384001”

Monday, March 19, 2007

A 34 year old obstetrician from Forestville on Sydney’s Northern Beaches has escaped after he was robbed, car-jacked and locked in the boot (trunk) of his BMW, which was set alight. Police say the doctor was locked in the boot while his car was set alight, but was allowed to escape before flames engulfed the vehicle.

The Doctor was believed to have been heading to The Mater Hospital in North Sydney when he was waiting at the intersection of West and Falcon Streets in Chatswood around 3:15AM AEDT when a small red sedan with two men claiming to be police officers signalled him to stop. After crossing the intersection, the doctor stopped his car at the side of the road.

The doctor was then approached by the two men and when he asked to see identification, one man grabbed the keys from his car’s ignition before they both pulled the doctor out of his vehicle, hit him in the stomach with a hammer and stole his mobile phone and wallet. The robbers also demanded his key and credit cards along with their access codes before locking him in the boot.

Police allege that the men drove to several locations to withdraw cash and buy things before driving to Carisbook Street in Linley Point at around 4 a.m. local time where they set the car alight with the doctor still in the boot.

Crime Manager of the Harbourside Local Area Command, Detective Inspector Houlahan said that the doctor then “heard a click in the boot area and he heard someone call out: ‘Get out of the car'”

“When he pushed the boot up he found his car engulfed in flames.”

Det. Insp. Houlahan said the doctor told police he did not unlock the boot himself, and it appeared the man’s captors unlocked it before fleeing.

Det Insp Houlahan said that the doctor appeared to be “very distraught” and tired after the ordeal, and wanted to get home and see his wife and two young daughters.

He could only provide police with a vague description of his captors, but said the men were both Caucasian males aged in their 20s, and that one of them was about six feet tall (183cm) with short blond hair and medium build said Det. Insp. Houlahan.

Retrieved from “https://en.wikinews.org/w/index.php?title=Doctor_robbed,_car-jacked_and_locked_in_boot_while_car_set_alight&oldid=568419”

“What will they think of next?”, you might say, but the truth is…this knowledge has been around for awhile. If the powers that be wanted you to know about it…well, then you wouldn’t be a customer of the electric company and hundreds of jobs would be lost. But you just can’t hide the truth forever! Our Aussie friends have finally been allowed to share this technology with us via the internet.

Perpetual motion machine is the right way to describe this gizmo that generates more than 5 times the amount of electric power than it consumes and will probably be used in the cars of the future. Free electricity has only come from wind generation or solar panels so far but it seems this is about to change. Here is what they’re saying about the Magniwork zero point magnetic power generator…

“A Zero point magnetic power generator is basically a Free Energy Generator. It uses magnets, and magnetic force to induce perpetual motion. It runs by itself, indefinitely without stopping, thus creating completely free electrical energy, which can fully power your home for free. A Perpetual motion device refers to a machine that runs perpetually i.e. indefinitely, and produces a larger amount of energy than it consumes. Thus, it produces free energy indefinitely, runs by itself, without having to need a third-party device or resource to power it.”

[youtube]http://www.youtube.com/watch?v=BG6fPIaHW80[/youtube]

“By constructing the magniwork power generator, you will be able to generate completely free electric energy, meaning , create energy without needing any source of renewable or non-renewable energy. The generator powers itself and creates energy by itself, without requiring solar energy, heat, water, coal or any kind of resource. This generator powers itself and works indefinitely, without stopping, creating a large amount of energy.”

“Hundreds of successful magniwork generators have been built around the world, which is proof that this technology really works! We predict that the technology will rapidly spread, and some industry-insiders even predict that the magniwork free energy generators will be the energy in the future. These experts estimate, that by 2020 energy companies will start implementing this technology in order to create cheaper and more environment friendly energy. Until that time comes, you can use our technology at a very reasonable set-up cost.”

This easy-to-follow guide will show you how to construct the Magniwork free energy generator, which will run infinitely and create free electric energy. This method has been thoroughly researched, and is currently considered as a possible means of completely solving the energy crisis. A Magnetic Perpetual Motion Device much like Magniwork refers to a device that works perpetually i.e. indefinitely, and produces more energy than it consumes, which ultimately results in a surplus of electrical energy which can be used to power your home. Click the link below and watch the video to see the generator and pick up the 50 page guide. These plans are sent over the internet so you can receive them in minutes!

Article Source: sooperarticles.com/home-improvement-articles/energy-efficiency-articles/magnetic-dynamo-how-build-magnetic-alternator-permanent-generator-free-electricity-8384.html

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Click here to go to Magniwork generator… Click Here!Author: Marvin Merritt

Tuesday, September 30, 2008

George W. Bush vowed to get the USD 700 billion economic rescue plan through congress in a statement to the media made today.

“Yesterday, the House of Representatives voted on a financial rescue plan that had been negotiated by Congressional leaders of both parties and my administration,” Bush reminded the audience. “Unfortunately, the measure was defeated by a narrow margin. I’m disappointed by the outcome, but I assure our citizens and citizens around the world that this is not the end of the legislative process.”

“Producing legislation is complicated, and it can be contentious. It matters little what a path a bill takes to become law,” he continued. “We’re at a critical moment for our economy, and we need legislation that decisively address the troubled assets now clogging the financial system, helps lenders resume the flow of credit to consumers and businesses, and allows the American economy to get moving again.”

Market Data

23:45, 30 September, 2008 (UTC)
  • DJIA
  • 10.850,70 485,21 4,68%
  • Nasdaq
  • 2.082,33 98,60 4.97%
  • S&P 500
  • 1.166,36 59,97 5,42%
  • S&P TSX
  • 11.752,90 467,83 4.15%
  • IPC
  • 24.888,90 933,23 3,90%
  • Merval
  • 1.598,170 52.720 3,41%
  • Bovespa
  • 49.541,27 3,513.21 7,63%
  • FTSE 100
  • 4.902,45 83,68 1,74%
  • DAX
  • 5.831,02 23,94 0,41%
  • CAC 40
  • 4.032,10 78,62 1,99%
  • SMI
  • 6.654,89 154,76 2,38%
  • AEX
  • 331,45 7,90 2,44%
  • BEL20
  • 2.672,20 82,73 3,19%
  • MIBTel
  • 19.512,00 110,00 0,56%
  • IBEX 35
  • 10.987,50 41,80 0,38%
  • All Ordinaries
  • 4.631,30 207,90 4,30%
  • Nikkei
  • 11.259,90 483,75 4,12%
  • Hang Seng
  • 18.016,20 135,53 0,76%
  • SSE Composite
  • 2.293,78 3,72 0,16%

    “I recognize this is a difficult vote for members of Congress. Many of them don’t like the fact that our economy has reached this point, and I understand that. But the reality is that we are in an urgent situation, and the consequences will grow worse each day if we do not act. The dramatic drop in the stock market that we saw yesterday will have a direct impact on the retirement accounts, pension funds, and personal savings of millions of our citizens. And if our nation continues on this course, the economic damage will be painful and lasting.”World and US markets today are up after severe declines yesterday. Most have recovered 30% of their previous losses, meaning that the potential government expenditure was similar to the market losses.

    Bush then said that he knows “many Americans are especially worried about the cost of the legislation.” He then attempted to justify the cost. “The bill the House considered yesterday commits up to 700 billion taxpayer dollars to purchase troubled assets from banks and other financial institutions. That, no question, is a large amount of money. We’re also dealing with a large problem. But to put that in perspective, the drop in the stock market yesterday represented more than a trillion dollars in losses.”

    If passed, the bailout plan would have allowed for the United States government to purchase devalued mortgage backed securities, resulting from the subprime mortgage crisis, from troubled financial institutions. The US Treasury Secretary Henry Paulson said the plan could cost up to $700 billion.

    Retrieved from “https://en.wikinews.org/w/index.php?title=George_Bush:_Rescue_plan_will_get_through&oldid=4492983”

    Sunday, April 10, 2005

    Hitachi Global Storage Technologies, the San Jose, California-based joint venture of Japanese storage vendor Hitachi and U.S. technology giant IBM, has set a new record for storage density at 230 gigabits per square inch (Gb/in2). The company has developed technology to implement a recording method known as perpendicular recording, which allowed the increase in density above the current ~130 Gb/in2 limit.

    Techworld claims there is a race between Hitachi and Toshiba for who will get the first drives to market which use the technology. According to Hitachi, they expect, “to ship [their] first perpendicular recording product in 2005 on a 2.5-inch hard drive”. Toshiba is also planning to ship a drive in 2005 that uses perpendicular recording.

    According to Techworld, Toshiba will ship an 80 GB, 1.8″ drive in 2005. Toshiba’s 1.8″ drives are used in portable electronic devices such as Apple’s iPod, which is currently available in sizes 60 GB and smaller.

    While all commercially available hard drives to date use longitudinal recording, perpendicular recording has roots in research done in academic circles over 100 years ago.

    Hitachi Tech has produced a Flash animation that explains the rudiments of perpendicular recording in a music-video style.

    Inspired by the 1970s Schoolhouse Rock series of educational animation shorts, the flash movie features whimsical moments with data bits and disk platters that speak and sing (not possible with today’s technology), it also contains realistic details. Of no importance to the viewer, but perhaps of interest to some, the animation shows Texas Instruments’ UC5608DWP chips visible briefly in the background. While TI’s UC5608DWP 18-line SCSI terminator chips have been made obsolete by the new UCC5618, the chips are indeed designed for use in hard drives.

    Retrieved from “https://en.wikinews.org/w/index.php?title=Hard_drive_technology_breaks_storage_density_record&oldid=1985556”