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Nokia to get payments in patent deal with RIM

HELSINKI (Reuters) – Struggling Finnish mobile phone maker Nokia has settled its patent dispute with BlackBerry maker Research in Motion in return for payments, as it tries to exploit its trove of technology patents to boost its finances.

Terms of the agreement were confidential, but Nokia said on Friday it included a one-time payment to be booked in the fourth quarter, as well as ongoing fees, all to be paid by RIM.

Nokia is one of the industry’s top patent holders, having invested 45 billion euros ($ 60 billion) in mobile research and development over the past two decades.

It has been trying to make use of that legacy to ensure its survival, amid a fall in sales as well as cash. The Finnish firm is battling to recover lost ground in the lucrative smartphone market to the likes of Apple and Samsung.

The agreement with RIM settles all existing patent litigation between the two companies, Nokia said, adding similar disputes with HTC Corp and ViewSonic still stood.

“This agreement demonstrates Nokia’s industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market,” said Paul Melin, Nokia’s chief intellectual property officer.

Nokia has earned around 500 million euros a year from patent royalties in key areas of mobile telephony.

Some analysts have said it could earn hundreds of millions more if it can negotiate with more companies successfully.

Analysts estimated its June 2011 settlement with Apple was worth hundreds of millions of euros.

($ 1 = 0.7555 euros)

(Reporting by Ritsuko Ando; Editing by Hans-Juergen Peters and Mark Potter)

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Obama to gun control supporters: 'We hear you'

Label: Health

WASHINGTON — President Barack Obama says his administration has received an outpouring of support for stricter gun laws following last week's elementary school massacre in Connecticut, telling respondents to an online petition, "We hear you."

The president said in a video released Friday that he has been encouraged that many gun owners have said there are steps the nation can take to prevent more deadly shootings, "steps that both protect our rights and protect our kids."

"I will do everything in my power as president to advance these efforts because if there's even one thing we can do as a country to protect our children, we have a responsibility to try," Obama said.

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President Barack Obama

Obama was holding a moment of silence on Friday morning at the White House marking one week since the shooting that killed 20 children and six adults at a Newtown, Conn., elementary school. The National Rifle Association, the country's foremost gun lobby, was holding a news conference on Friday in the aftermath of the shootings.

The president has challenged the NRA to "do some self-reflection" and join a broad effort to reduce gun violence. The organization said Tuesday it would offer "meaningful contributions to help make sure this never happens again."

In Friday's video, the president responded to a "We the People" petition on the White House website that allows the public to submit petitions. Nearly 200,000 people have urged Obama to address gun control in one petition and petitions related to gun violence have amassed more than 400,000 signatures.

Obama has begun laying the groundwork for a push to tighten gun laws, address mental health needs and reexamine the glamorization of guns and violence.

Vice President Joe Biden is leading a working group of administration officials and outside advisers to offer recommendations by January. Biden's group is considering reinstating a ban on military-style assault weapons, which expired in 2004, closing loopholes that allow gun buyers to avoid background checks and restricting high-capacity magazines.

Gun-control measures have faced strong opposition in Congress for the past decade but Obama has suggested he intends to make it a key part of his agenda next year. In the video, he urged the public to become involved in

"If we're going to succeed, it's going to take a sustained effort of mothers and fathers, daughters and sons, law enforcement and responsible gun owners, organizing, speaking up, calling their members of Congress as many times as it takes, standing up and saying 'enough' on behalf of all our kids," Obama said.

Cuba lashes out against U.S. fines on foreign banks

Label: Business

The Cuban government Thursday denounced what it called the “unjust and illegal” multi-million dollar fines the U.S. government slapped on two foreign banks for violating Washington’s sanctions on the island.

The U.S. actions show that its “ferocious persecution of financial and commercial transactions by Cuba and those with legitimate relations … has only changed but has hardened,” a Foreign Ministry official said in a statement.

The British-based HSBC bank agreed to pay $1.9 billion to the U.S. government last week to settle accusations that it laundered drug money through its Mexican and other branches, and violated U.S. economic sanctions on Cuba.

The next day Washington announced that Japan’s Tokyo-Mitsubishi UFJ bank had agreed to pay $8.6 million to settle what the Cuban statement called “a supposed violation of the unilateral sanctions of the United States against various countries, including Cuba.”

Under the trade embargo, banks cannot move Cuban funds through U.S. financial institutions or handle U.S. dollar deposits for Cuban entities or citizens. Cuba is subject to other sanctions as well because it is on the U.S. list of countries that support international terrorism.

The Foreign Ministry statement noted that the sanctions came one month after the U.N. General Assembly voted overwhelmingly for the 21st time to condemn the 50-year-old trade embargo against Cuba.

While the HSBC settlement was reported to be one of the largest ever, the U.S. Treasury Department has hit several other foreign banks in recent years for violating sanctions on Cuba and other countries, especially Iran.

The Netherlands’ ING bank agreed to a $619 million settlement earlier this year. Credit Suisse agreed to pay $539 million in 2009. And the Swiss UBS bank was hit with a $100 million settlement in 2004.

Florida schools buy emergency toilets for extended lockdowns

Label: World

TRINITY --
The Seven Spring Middle School eighth-graders warily eyed the white plastic bucket.

Is it for carrying cleaning supplies? Moving mulch?

Then they noticed the black plastic seat on top. Their eyebrows raised, their noses crinkled, as it dawned on them that this was a portable toilet, designed for use during emergency lockdowns in classrooms without restrooms.

"It's a terrible idea," Justin Anahory, 14, said, shaking his head. "No. I'm not going to use it."

"Never. Unh-uh," agreed Sydney Steele, also 14. "I would just hold it."

What if the students had no choice but to remain in their classroom for long hours for, say, extended hurricane conditions?

"I doubt a hurricane would keep us here a couple of days," Sydney said, noting she hardly will use the school bathrooms, much less a mini portable potty behind a tarp wall held up with duct tape.

"It might be a good idea," chimed in Mariah Guy, 15. "But it's still disgusting."

In recent months, the Pasco County school district has been distributing these "emergency response classroom kits" to schools that don't have restrooms adjoining the classrooms. For the most part, that means middle and high schools.

So far, they've given out 2,249, with another 552 remaining in the district warehouse. The total cost for the kits, which also include toilet paper, hand wipes, trash bags and latex gloves, was $64,876, or about $23 each. The money came from a two-year federal emergency management grant.

The Hernando, Hillsborough and Pinellas school districts have not made similar investments, and have no plans to do so.

"Along the food chain, that's probably somewhere below an amoeba," Hernando superintendent Bryan Blavatt said.

Pasco's grant also has paid for the emergency response plans revisions, and for other supplies such as bottled water and first aid kits. Student services director Lizette Alexander said it has helped the district improve its readiness.

"Try not to make it a joke," Alexander said of the bucket toilets. "When it is needed, it is needed terribly. It is not a joke. It is preparedness."

Still, it did create some laughter among Seven Springs middle schoolers as they discussed its pros and cons. Most had not seen the kits before and didn't know they were in the school.

Eighth-grader Brandan Comito, 14, sized up the bucket and wondered about its weight capacity.

He sat on it and found it held him up, but complained about the seat being too small.

"It needs to be thicker," he said, drawing chuckles from friends, who also wanted to test it out.

The kids engaged in detailed conversations about the logistics of the potty, ranging from concerns about germs to the aesthetics of such a bucket in mixed company.

"What if it gets filled to the top?" asked seventh-grader Kylie Renzetti, 12.

"It could be used as a weapon" against any intruder causing a lockdown, responded eighth-grader Dylan Johnson, 14.

Seventh-grader Devin Bird was not alone in his inability to get past the notion that kids might have to use the contraption "in front of people," never mind the tarp.

"It's a bit weird," he said.

Perhaps so, acknowledged schools superintendent Kurt Browning, who only learned Tuesday of the kits ordered by the previous administration. The buckets have been the brunt of jokes on Facebook since they arrived in schools.

But "if you've got to go," he said, "you've got to go."

Rock stars die young more than others, solo stars twice as likely to do so: study

Label: Health

LONDON — Rock 'n' roll will never die — but it's a hazardous occupation.

A new study confirms that rock and pop musicians die prematurely more often than the general population, and an early death is twice as likely for solo musicians as for members of bands.

Researchers from Liverpool John Moores University studied 1,489 rock and pop stars who became famous between 1956 and 2009 and found they suffered "higher levels of mortality than demographically matched individuals in the general population."

American stars are more likely to die prematurely than British ones.

Lead researcher Mark Bellis speculates that could be because bands provide peer support at stressful times.

The research was published Thursday in online journal BMJ Open.

Survey shows better lending climate

Label: Business

Most Miami-Dade businesses believe they have easier access to borrowed money amid a slowly improving economy.

That’s one result from a recent survey of executives by Miami’s Bilzin Sumberg law firm. The online survey of about 200 top executives was conducted during the second half of 2012.

Nearly 60 percent of respondents said they thought the financing environment had improved since 2011, with venture capital funds and community banks identified as the top sources of potential capital. Fifty-two percent called the economy “growing slowly,’’ compared to 7 percent describing it as “strong and growing.” Only 16 percent described the economy as weak.

DOUGLAS HANKS

Stone-crab season suffers in the Keys

Label: World

Despite rocketing prices for stone-crab claws, many Florida Keys commercial fishermen have nearly given up on the season only 2 months old.

"We may see record prices but also record pain," said Gary Graves, general manager of Keys Fisheries in Marathon. "Prices don't mean anything if you can't catch anything."

Harvests since shortly after the season opening Oct. 15 have been "as bad as I can remember during my 45 years in the business," Graves said. "It's just bleak."

Keys Fisheries, one of the state's leading wholesalers for stone crabs, has laid off half of its production staff, maybe 20 people, Graves said.

"We hate to do it to our people but we're probably not finished," he said. "Right now, a big day for us is 1,000 pounds [of claws]. It should be around 15,000 pounds. We're doing nothing."

Keys Fisheries has raised its dockside prices paid to fishermen several times to encourage fishermen to keep their traps in the water.

Graves said it costs a fisherman about $1,200 in fuel, labor and other expenses to make a day's trip. The fish house's current prices are $9 per pound for medium-size claws and $17 per pound for the coveted jumbos.

"Our wholesale sales prices are higher than that and retail is through the roof," Graves said. "But we can't fill the orders we have."

A Marathon community group recently canceled the organization's annual stone crab feast for members because no claws were to be found.

The season runs until May 15.

Last season, Monroe County produced about 1.1 million pounds of legal-size claws, accounting for a large portion of Florida's total 2.67 million-pound harvest worth an estimated $23.6 million to the commercial fleet.

About 1,000 people statewide are licensed to fish traps for stone crabs. Only the claws are kept. Historically, stone-crab harvests have topped three million pounds of claws.

"The last two years were good and the recruitment looked normal," Graves said. "The first round of trap pulling was fine but it went downhill from there — like falling off a cliff."

Fishermen and researchers are baffled.

"Blame it on global warming, blame it on BP [Deepwater Horizon oil spill], blame it on Mother Nature," Graves said. "Everybody's got an idea but nobody can say why. It's probably a combination of a bunch of things."

News reports from stone-crab fleets farther up the Florida Gulf Coast suggest an octopus population explosion. Crabs are a favorite food of octopus, which are smart enough to get into traps.

"We've seen more octopus in the 6- to 8-pound range, which is abnormal," Graves said. State experts have suggested warm winters may have triggered the octopus boom.

"Things could turn around," Graves said, "but realistically the chances of it happening this season are slim."

Facebook CEO Mark Zuckerberg donating $500 million in stock to Silicon Valley charity

Label: Technology

SAN FRANCISCO – Facebook CEO Mark Zuckerberg said Tuesday he is donating nearly $ 500 million in stock to a Silicon Valley charity with the aim of funding health and education issues.

Zuckerberg donated 18 million Facebook shares, valued at $ 498.8 million based on their Tuesday closing price. The beneficiary is the Silicon Valley Community Foundation, a non-profit that works with donors to allocate their gifts.

This is Zuckerberg’s largest donation to date. He pledged $ 100 million in Facebook stock to Newark, New Jersey, public schools in 2010, before his company went public earlier this year. Later in 2010, he joined Giving Pledge, an effort led by Microsoft Corp. founder Bill Gates and Berkshire Hathaway Inc. CEO Warren Buffett to get the country’s richest people to donate most of their wealth. His wife, Priscilla Chan, joined with him.

In a Facebook post Tuesday, Zuckerberg, 28, said he’s “proud of the work” done by the foundation that his Newark donation launched, called Startup: Education, which has helped open charter schools, high schools and others.

With the latest contribution, he added, “we will look for areas in education and health to focus on next.” He did not give further details on what plans there may be for funds.

“Mark’s generous gift will change lives and inspire others in Silicon Valley and around the globe to give back and make the world a better place,” said Emmett D. Carson, CEO of the foundation.

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Record setting weekend for New Jersey's gun buyback program in wake of Newtown massacre

Label: Health

Guns cover tables at a press conference in New Jersey where Camden, NJ Mayor Dana Redd and New Jersey Attorney General Jeffrey Chiesa announced a record breaking weekend for the state's gun buyback program.

CAMDEN, NJ — Residents of New Jersey's most impoverished and murder-prone city turned in a record number of weapons in a recent gun buyback program, and officials on Tuesday surmised that the Connecticut school shooting could have something to do with that.

"A lot of people said they don't want the guns around the house now," said state Attorney General Jeffrey Chiesa as he announced the result of the program held Friday and Saturday at two Camden churches.

The state brought in 1,137 guns, surpassing the previous record of 700 weapons from a 2009 Essex County event. Among them were scores of rifles, shotguns and pistols, sawed-off shotguns, a century-old antique weapon, a rifle used for hunting elephants and five fully automatic weapons. Some 90 percent were in working condition. Many were illegal weapons under state laws; some were so-called community guns stashed around neighborhood. Nearly all are to be destroyed.

The shooting at a Newtown elementary school on Friday left 26 people dead, including 20 children, ages 6 and 7. Twice as many firearms were turned in Saturday, the day afterward, than on Friday, Chiesa noted.

The state had $110,000 in cash to give to those who turned in guns, along with $6,000 in gift cards left over from a previous program.

"At 2 o'clock," he said, "we were out of money."

Workers offered IOUs worth nearly $40,000 to people who brought in guns after the money ran out.

Individuals were allowed to turn in up to three weapons and were paid up to $250 for each of them.

"There's 1,137 less guns than there were the day before we started this initiative," Chiesa said.

It leaves an untold number of weapons in the city, though.

Camden, with a population of 77,000, has had 67 homicides in 2012. That is also a dismal record, well above the 58 killings in the city in 1995.