Is the Christmas card dead?

Author Nina Burleigh says the holiday photo is dead — and the internet killed it
Every year around the holidays, countless Americans sit down at their dining room tables to thoughtfully scribble pen-and-paper updates about how they are and what they've been doing with their lives to a select number of friends. These messages are usually written on the back of a recent family photograph (sometimes with Santa hats), before they're sealed, stamped, and mailed around the country, where they're displayed like a trophy over someone else's fireplace.
Could that all be changing? This year, especially, there seems to be a dearth of dead-tree holiday cheer filling up mailboxes across the country. In a recent column for TIME, author Nina Burleigh says the spirit once distilled inside the Christmas card is dying, and a familiar, if fairly obvious perpetrator killed it: The internet. "There's little point to writing a Christmas update now, with boasts about grades and athletic prowess, hospitalizations and holidays, and the dog's mishaps, when we have already posted these events and so much more of our minutiae all year long," she writes. "The urge to share has already been well sated."
[Now] we already have real-time windows into the lives of people thousands of miles away. We already know exactly how they've fared in the past year, much more than could possibly be conveyed by any single Christmas card. If a child or grandchild has been born to a former colleague or high school chum living across the continent, not only did I see it within hours on Shutterfly or Instagram or Facebook, I might have seen him or her take his or her first steps on YouTube. If a job was gotten or lost, a marriage made or ended, we have already witnessed the woe and joy of it on Facebook, email and Twitter.
Burleigh says the demise of the Christmas card is deeply saddening. "It portends the end of the U.S. Postal Service," she writes. "It signals the day is near when writing on paper is non-existent." It's true, says Tony Seifart at Memeburn — "my mantle is empty this year. In fact I haven't received one Christmas card yet."
SEE ALSO: The perks and perils of our newly indexed society
Let's not get too nostalgic just yet, says Alexis Madrigal at The Atlantic. Research firm IBISWorld anticipates that purchases of cards and postage will be the highest it has been in five years — $3.17 billion total. And Hallmark, the industry's biggest player, has seen revenue hold steady since the early 2000s despite the financial crisis. We could also think about this another way: That desire to share, the willingness to inform, could just be extending itself beyond the physical form of the holiday photo.
No matter what time of the year, people now write contemplative letters with weird formatting to an ill-defined audience of "friends"; these are Christmas letters, whether Santa is coming down the chimney or not. There are reindeer horns on pugs in July. And humblebrags about promotions in April. There are dating updates in November. And you can disclose that you were voted mother of the year any damn day you please... For good or for ill, perhaps we're seeing not the death of the holiday card and letter, but its rebirth as a rhetorical mode. Confessional, self-promotional, hokey, charming, earnest, technically honest, introspective, hopey-changey: Oh, Christmas Card, you have gone open-source and conquered us all.
The spirit of the Christmas card is indeed alive and well. It's just not necessarily in a Christmas card.
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Massive PC, Console Game Discounts Ring in Holiday Season

Black Friday, the day right after Thanksgiving, is normally the day associated with electronics sales. And while the proponents of "Cyber Monday" and "Small Business Saturday" have tried to get in on the action, it's still common knowledge that Thanksgiving weekend is the best time to upgrade your PC or console game arsenal. Right?
Not according to online game retailers. Discounts of up to 80 percent off a game's retail price are taking place across the web, especially in online stores which offer games in the form of digital downloads (which cost nothing to make extra copies of). Here's a look at just a few of the sales going on right now, for Windows and Linux PCs, Macs, game consoles, and mobile devices.
Steam (Windows, Linux, Mac)
The annual Steam Holiday Sale is under way, and it's not just blowing hot air. Complete collections of every Steam game from publishers including Valve are on sale for around the price of one retail title, and individual games can be bought from each bundle for only a few dollars. Each day new sales are available, and most of them are massive, percentage-wise. They're tied to a personal Steam account (which will always be linked to the original name they were created with), but can be bought as gifts for others.
Also check out: Amazon.com's PC download sales, many of which are fulfilled through Steam and are discounted about as much. Amazon's lineup also includes many casual games, of the "$10 store discount rack" variety.
Humble Indie Bundle 7 (Windows, Linux, Mac)
The Humble Bundle crew has been offering cross-platform, name-your-own-price bundles of indie games for several years now, and their seventh numbered offering is timed right for the holiday season. Bundles are giftable, the games can be played on Steam, and you can choose how much of your purchase price goes to game developers and how much goes to select charities.
PlayStation Network (PS3, PSP, Vita)
Console gamers aren't being left out. The PSN Holiday Essentials sale is putting "more than 40 titles" on sale over the next three weeks, with a new selection available every week and even lower prices available to PlayStation Plus members.
Also check out: The Xbox Live Countdown to 2013 sale, with a "Daily Deal" every day until the end of the year.
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Red Hat shares up on acquisition and 3Q results

Red Hat Inc.'s shares jumped Friday on the software company's solid third-quarter results and plans to acquire cloud-based software company ManageIQ.
THE SPARK: Red Hat said late Thursday that it would buy privately held ManageIQ for $104 million in cash.
The Raleigh, N.C., company also reported that it earned 29 cents per share for its fiscal third quarter on an adjusted basis, up a penny from the prior year and in line with analyst expectations. Its revenue for the period increased 18 percent to $343.6 million, which beats the $338 million that analysts polled by FactSet had forecast.
THE BIG PICTURE: ManageIQ's software helps businesses deploy and manage private clouds. Red Hat said the deal will expand the reach of its public-private cloud setups for its customers. The acquisition is expected to have no material impact to Red Hat's revenue for its fiscal year ending in February.
THE ANALYSIS: Stifel Nicolaus analyst Brad R. Reback said that the company has been able to maintain momentum even in a difficult environment and he thinks the latest deal offers an interesting longer-term angle for its business. He thinks the company is well positioned to generate at least 15 to 20 percent billings growth in the future. He reiterated a "Buy" rating and a $65 price target on its shares.
SHARE ACTION: Shares gained $2.25, or more than 4 percent, to $54.86 in afternoon trading. Shares have traded between $39.19 and $62.75 in the past 52 weeks.
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Dozens of Android Games, Apps Discounted for Google Holiday Sale

The Google Play store -- that's the name of the Android "app store," or the "Android Market" for those of you new to the change -- is featuring dozens of game and app sales for Android smartphones and tablets. Well, actually, it's not; you can see some of the discounted apps on the front page, but there's no special section of the website or on-device market that says where the ones on sale are, or even how to find them. And the "Holiday Surprise" feature is only a handful of deals picked by Google itself.
Here's a look at some of the major game publishers' Android sales, along with discounted creativity apps and where to find more details.
Gameloft's "Android Christmas" sale
It may be too late for Hanukkah this year, but top-tier Android publisher Gameloft has put a dozen of its titles up for sale for Christmas just $0.99 . These games are normally in the $5-7 range, making them among Android's priciest.
Besides its licensed games based on movies -- like superhero films "The Dark Knight Rises" and "The Amazing Spider-Man," and (inexplicably) "The Adventures of Tintin" -- Gameloft is best known for creating mobile versions of popular PC and console games. Not in the sense that they are official ports, so much as that they're remarkably similar, to the extent that they arguably could be official ports if the serial numbers were filed off. With that in mind, several of its Modern Combat (which are totally not Modern Warfare) and N.O.V.A. first-person shooters (which are totally not Halo) are included in the sale, although the most recent installment of the former -- Modern Combat 4 -- is not.
Superhero fans may also want to check out Marvel Games' Avengers Initiative, which isn't a Gameloft title but is also on sale for $0.99 .
Square-Enix's "Winter of Mobile" sale
Best known for having invented the jRPG genre, Square-Enix has brought several of its most popular titles to Android, and most of them are discounted (from their extremely high launch prices) for the holidays.
Crystal Defender, Chrono Trigger, and Final Fantasy have all received numerous 1-star reviews on Google Play for technical issues, and reviewers complain that the titles haven't been optimized for Android hardware. The Chaos Rings titles, however, fare much better with reviewers, and are much more steeply discounted as well, at $3.99 each compared to their usual price of $12.99. They're ports of the iOS originals, which were Square-Enix's first attempts at making "real" jRPGs for mobile devices.
SEGA's Holiday Sale
SEGA's games are on sale for the holidays across the board, on pretty much every platform. On Android, that mostly amounts to Sonic 4 (episodes 1 and 2) and Sonic CD, all of which are on sale for $0.99 . Strategy title Total War Battles and rollerblade platformer Jet Set Radio, meanwhile, are on sale for $1.99.
Creativity / productivity apps on sale
Android phones and tablets aren't just for gaming. If you didn't pick up Microsoft Office-compatible OfficeSuite Pro 6+ during Google's earlier $0.25 sale, it's discounted to $0.99 now from its regular price of $14.99. Autodesk's professional drawing apps, SketchBook Mobile and SketchBook Pro for Tablets, are $0.99 and $2.99 compared to $1.99 and $4.99 regularly, and the Jotter handwriting app -- which requires a Samsung Galaxy Note -- is half-off at $1.99.
Stay up to date
Many more Android games and apps are being discounted for the holidays. Apps such as (the aptly-named) AppSales can help keep you apprised of the latest additions. Meanwhile, the Android Police blog is maintaining an up-to-date "Enormous List" of all holiday sales.
Jared Spurbeck is an open-source software enthusiast, who uses an Android phone and an Ubuntu laptop PC. He has been writing about technology and electronics since 2008.
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El MIDI, la tecnología que le abrió la puerta a la música digital, cumple 30 años

Un pequeño teclado y un ordenador portátil: hasta que apareció la tecnología MIDI, hace 30 años, nadie imaginaba que sólo con ese equipo se podría dar un concierto. Dicen los entendidos que para apreciar realmente el tema Shine on you crazy diamond , de Pink Floyd, es mejor escucharlo en vinilo.
Las emisiones de los sintetizadores estallan a través del crepitar de la púa sobre el disco, mientras la guitarra y la batería marcan un ritmo ondulante. Es un sonido enorme que define toda una época, y uno puede sumergirse por completo en el espíritu de esos años con esa versión en vinilo.
Pero más allá de la impresionante creatividad de la música, el sonido evidencia una importante limitación en la forma en la que los instrumentos musicales electrónicos se controlaban en aquel momento.
"Una banda como Kraftwerk, por ejemplo, utilizaba 200 teclados analógicos distintos", explica el músico argentino Cineplexx.
Pero la tecnología de la Interfaz Digital de Instrumentos Musicales (MIDI, según sus siglas en inglés) permitió conectar los instrumentos a una computadora y entre sí, lo que supuso un cambio enorme.
"Yo cuando doy un concierto utilizo un teclado con 20 teclas y un ordenador portátil", cuenta Cineplexx .
Con estos elementos es posible componer, secuenciar, programar, modificar y reproducir el sonido de cualquier instrumento, como "un vibráfono o un sintetizador".
Un lenguaje común
El protocolo MIDI nació en California, de la mano de Dave Smith, un fabricante de sintetizadores, que convenció a sus competidores para que adoptaran un formato en común que permitiera controlar de forma externa a los sintetizadores, con otro teclado o incluso a través de una computadora.
MIDI pronto se convertiría en el estándar industrial para conectar diferentes instrumentos electrónicos, cajas de ritmo, samplers y ordenadores. Esta tecnología abrió una "nueva era de procesamiento musical".
"Lo que hizo MIDI es permitir el nacimiento de los primeros estudios de grabación caseros", cuenta Smith en conversación con Tom Bateman, de BBC Radio 4.
El Prophet-600 de Sequential Circuits en acción


"Las computadoras eran lo suficientemente rápidas como para secuenciar notas y controlar el número de teclados y cajas de ritmos al mismo tiempo, y eso abrió paso a una industria nueva".
Fue un avance que tendría el mismo impacto en la música popular que la electrificación de guitarras, desarrollada décadas antes.
El nacimiento de la música dance
Alex Paterson , fundador de la banda de ambient dance llamada The Orb, tiene un estudio de grabación en su casa de Buckinghamshire, Reino Unido.
"Que Dios bendiga a MIDI", exclama al ser consultado.
"Fue como entrar en un sueño", cuenta, refiriéndose al sistema utilizado en 1990 para grabar el tema emblemático de la banda, Little Fluffy Clouds.
"Estaba todo allí guardado, listo para que tú lo lances, fue realmente increíble", recuerda.
Este control orquestado y secuenciado de los sonidos de sintetizadores, cajas de ritmo y samplers dio lugar a nuevas formas de producción: así nació la música dance.
Lo que hizo MIDI fue "separar la tecla del sonido", dice Cineplexx. Ahora se pueden crear órdenes digitales y asignarle a cada tecla los sonidos que se quieran.
El músico argentino ofrece una comparación interesante con las cámaras digitales y analógicas en el mundo de la fotografía.
"Hay quienes cuestionan la calidad", dice, pero destaca que en la práctica el MIDI proporcionó la posibilidad de escribir partituras digitales interpretarlas como se quiera con un pequeño teclado.
Libre acceso
El primer instrumento con capacidad MIDI fue un sintetizador llamado Prophet-600 - diseñado por Dave Smith - que comenzó a producirse en 1982.
Las computadoras Atari y Commodore 64, muy populares entre los aficionados a los videojuegos en aquella época, también podían utilizarse para controlar instrumentos MIDI a través de un cable con conectores DIN (de cinco puntas) en cada extremo.
La amplia disponibilidad del formato y la facilidad de su uso permitieron redefinir la música pop de los 80, le aportaron un fuerte sonido electrónico y engendraron muchos de los géneros musicales contemporáneos.
Dom Beken, coproductor de Alex Paterson, recuerda cómo la tecnología MIDI permitió que cualquiera pudiera crear "masivos paisajes sonoros". "Pioneros de la electrónica y antiguos punks ahora podían hacer cosas que enloquecían al público en las pistas de baile", dice.
Para Dave Smith, MIDI sólo podía triunfar si todos los fabricantes la adoptaban. "Tuvimos que regalarla", dice. La universalidad del formato fue quizás un ejemplo precursor de lo que ahora se denomina tecnología de código abierto (open source), para que cualquiera tuviera acceso.
"Por supuesto que hubiera sido divertido ganar dinero con ella", dice su creador californiano.
"Pero ese no era el plan".
Treinta años después, la tecnología MIDI se mantiene como uno de los componentes centrales de la grabación y producción profesional de música.
Read More..

Senator Reid rejects Boehner "fiscal cliff" backup plan

 House Speaker John Boehner's backup plan that would simply extend low income tax rates for households with incomes below $1 million a year "cannot pass both houses of Congress," Senate Majority Leader Harry Reid said on Tuesday.
Reid, a Democrat, said Boehner instead should focus on reaching a broad deficit-reduction deal with President Barack Obama. "Now is the time to show leadership, not kick the can down the road," Reid said.
Last July, Reid's Democrats passed a bill in the Senate that would have continued low tax rates, which are set to expire on December 31, for families with net incomes below $250,000.
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White House defends offer as 'good faith effort'

 The White House is defending President Barack Obama's proposal to set a higher threshold for tax increases than what he vowed to do during his presidential campaign. The White House says Obama has moved halfway to meet House Speaker John Boehner on a "fiscal cliff" deal that raises $1.2 trillion in tax revenue, down from the $1.6 trillion Obama had initially requested.
White House spokesman Jay Carney says that offering to raise taxes on taxpayers earning more than $400,000 rather than the $200,000 he ran on demonstrates, in Carney's words, Obama's good faith effort to reach a compromise.
The new tax proposal is contained in a broader plan that Obama gave Boehner Monday that would cut spending further and lower cost-of-living increases for most Social Security beneficiaries.
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Factbox: U.S. House "Plan B" tax bill likely to have short shelf life

The U.S. House of Representatives is likely to vote this week on what is being called "Plan B" on avoiding the "fiscal cliff."
The Republican-sponsored legislation aims to extend current low tax rates for most families. Without such action by Congress, across-the-board income tax rates will rise on January 1.
The combination of $500 billion in tax hikes and $100 billion in spending cuts, which are scheduled to start in the new year, could push the U.S. economy into recession, according to experts.
House Speaker John Boehner, the top Republican in Congress, and Democratic President Barack Obama have been trying for weeks to avoid the fiscal cliff with an alternative tax and spending-cut deal. Boehner says he is offering this very limited alternative in case negotiations with Obama fail.
Here are key elements of Boehner's Plan B:
* A House vote is expected on Thursday.
* Boehner expressed confidence on Wednesday that the measure would pass but some House Republican aides were not yet predicting that.
* The White House has said Obama would veto the Boehner Plan B in the unlikely event it made it to his desk.
* Democrats are viewing Plan B as nothing more than a diversion from attempts to reach a broad deficit-reduction deal to avoid the fiscal cliff. They see it as a way for Boehner to give his conservatives a vote on a measure that they can tout as a tax-cut bill for all but the wealthiest and inoculate them against Democratic accusations of obstruction.
* Republicans argue that they are acting responsibly by providing a backstop against massive tax increases in case the Obama-Boehner negotiations fail.
* Once Plan B is dealt with, all attention will shift to whether Obama and Boehner can work out a broad agreement by December 31 or whether the country will go off the cliff. If that happens, there is speculation that some sort of deal might be worked out in the early weeks of January to avoid the full brunt of the tax hikes and spending cuts.
* Under Boehner's Plan B, current low tax rates would be made permanent for families with net annual incomes of up to $1 million. The measure would let tax rates rise on income above $1 million. Without action by Congress, all income tax rates are set to rise on January 1 with the expiration of tax cuts enacted a decade ago by then-President George W. Bush.
* Plan B includes a grab bag of other expiring tax provisions. It would permanently fix the alternative minimum tax so that middle-class taxpayers do not creep into a tax bracket intended for the wealthiest. Annual AMT fixes have prevented tens of millions of households from paying a higher tax rate.
Also included are moves to maintain estate taxes at their current 35 percent rate per individual after a $5 million exemption. The White House backs reverting to the 2009 estate tax levels of 45 percent tax after a $3.5 million exemption per individual, though some moderate Democrats back keeping the current law.
Plan B legislation would raise dividend and capital gains tax rates for those earning $1 million and over to 20 percent, from its current 15 percent for most who pay such taxes. Most Democrats back raising the current 15 percent tax rate on investment income to 20 percent for households earning more than $250,000.
* The Joint Committee on Taxation estimates the plan would reduce U.S. revenues by around $4 trillion over 10 years.
* The plan does not address spending issues, including automatic across-the-board spending cuts also looming at year's end.
* The bill does not address how to resolve a looming stand-off over the government's borrowing authority. The government will need to raise the "debt ceiling" in the next few months to avoid default, and Obama wants higher borrowing authority approved promptly. House Republicans continue to want to hold back and use it as leverage in ongoing fiscal cliff talks, according to aides.
* Senate Majority Leader Harry Reid already has warned there are not the votes in his chamber to pass Boehner's plan. But if the House sent the Senate such a bill, Reid could respond in one of a few ways. He could declare that the Senate in July passed its version of this legislation, but with a $250,000 threshold, and take no further action. Or, he could offer a variation of the Senate-passed bill. Obama has proposed a $400,000 cut-off for maintaining low income tax rates. Reid could embrace that level or another one.
* The legislation is being inserted into an existing bill that originally had to do with Burma trade policy. A House Rules Committee spokesman said this was being done to avoid some potential procedural delays.
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U.S. charges three Swiss bankers in offshore account case

Three Swiss bankers accused of conspiring with American clients to hide more than $420 million from the tax-collecting U.S. Internal Revenue Service were indicted, the U.S. Attorney's Office in Manhattan said on Wednesday.
The indictment named Stephan Fellmann, Otto Huppi and Christof Reist, all former client advisers with an unnamed Swiss bank. None of the bankers have been arrested, authorities said.
Their attorneys were not immediately known.
The indictment said the unnamed bank did not have offices in the United States.
Banking secrecy is enshrined in Swiss law and tradition, but it has recently come under pressure as the United States and other nations have moved aggressively to tighten tax law enforcement and demanded more openness and cooperation.
In April, two Swiss financial advisers were indicted on U.S. charges of conspiring to help Americans hide $267 million in secret bank accounts.
In January, prosecutors charged three Swiss bankers with conspiring with wealthy taxpayers to hide more than $1.2 billion in assets from tax authorities.
UBS AG, the largest Swiss bank, in 2009 paid a $780 million fine as part of a settlement with U.S. authorities who charged the bank helped thousands of wealthy Americans hide billions of dollars in assets in secret Swiss accounts.
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"Fiscal cliff" turmoil could hit 100 million taxpayers: U.S. IRS

WASHINGTON (Reuters) - U.S. tax authorities warned on Wednesday that as many as 100 million taxpayers - far more than previously estimated - could face refund delays if lawmakers' "fiscal cliff" negotiations fail to fix the alternative minimum tax (AMT) before year-end.
The Internal Revenue Service said in a letter to lawmakers that it was raising its estimate on AMT impact from 60 million.
"It is becoming apparent that an even larger number of taxpayers - 80 to 100 million of the 150 million total returns expected to be filed - may be unable to file," IRS Acting Commissioner Steven Miller wrote.
The AMT is a levy designed to ensure that high-income taxpayers pay a minimum tax. Democrats and Republican typically agree to adjust the tax for inflation to prevent unintended taxpayers from being hit by it.
This year, however, its fate is tied to heated negotiations - primarily between President Barack Obama and House Speaker John Boehner - over future taxes and federal spending as they try to avoid the automatic tax increases and spending cuts known as the fiscal cliff.
The AMT fix for calculating 2012 income tax has broad bipartisan support, but so far been drowned out by the larger federal budget questions.
Without action soon to fix the AMT, there could be "lengthy delays of tax refunds and unexpectedly higher taxes for many taxpayers," Miller said.
The IRS needs congressional authority to update tax-filing software and forms so that Americans can start their tax returns next year. Inaction by Congress on the AMT has left IRS unsure which taxpayers will need to pay the AMT tax.
An IRS spokesman declined to comment on the agency's AMT preparations to date.
"Failure to act on the fiscal cliff will throw the 2013 tax filing season into chaos," Representative Sander Levin, a Michigan Democrat, said in a statement.
About 4 million taxpayers pay the AMT now because Congress routinely "patches" it for inflation to keep it from reaching down into middle-income tax brackets.
Without a patch for 2012, up to 33 million taxpayers will have to pay the AMT, according to IRS.
Obama's most recent offer to Republicans included a permanent AMT patch.
House Republicans plan to vote Thursday on a bill to address the fiscal cliff that also includes an AMT patch.
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El MIDI, la tecnología que le abrió la puerta a la música digital, cumple 30 años

Un pequeño teclado y un ordenador portátil: hasta que apareció la tecnología MIDI, hace 30 años, nadie imaginaba que sólo con ese equipo se podría dar un concierto. Dicen los entendidos que para apreciar realmente el tema Shine on you crazy diamond , de Pink Floyd, es mejor escucharlo en vinilo.
Las emisiones de los sintetizadores estallan a través del crepitar de la púa sobre el disco, mientras la guitarra y la batería marcan un ritmo ondulante. Es un sonido enorme que define toda una época, y uno puede sumergirse por completo en el espíritu de esos años con esa versión en vinilo.
Pero más allá de la impresionante creatividad de la música, el sonido evidencia una importante limitación en la forma en la que los instrumentos musicales electrónicos se controlaban en aquel momento.
"Una banda como Kraftwerk, por ejemplo, utilizaba 200 teclados analógicos distintos", explica el músico argentino Cineplexx.
Pero la tecnología de la Interfaz Digital de Instrumentos Musicales (MIDI, según sus siglas en inglés) permitió conectar los instrumentos a una computadora y entre sí, lo que supuso un cambio enorme.
"Yo cuando doy un concierto utilizo un teclado con 20 teclas y un ordenador portátil", cuenta Cineplexx .
Con estos elementos es posible componer, secuenciar, programar, modificar y reproducir el sonido de cualquier instrumento, como "un vibráfono o un sintetizador".
Un lenguaje común
El protocolo MIDI nació en California, de la mano de Dave Smith, un fabricante de sintetizadores, que convenció a sus competidores para que adoptaran un formato en común que permitiera controlar de forma externa a los sintetizadores, con otro teclado o incluso a través de una computadora.
MIDI pronto se convertiría en el estándar industrial para conectar diferentes instrumentos electrónicos, cajas de ritmo, samplers y ordenadores. Esta tecnología abrió una "nueva era de procesamiento musical".
"Lo que hizo MIDI es permitir el nacimiento de los primeros estudios de grabación caseros", cuenta Smith en conversación con Tom Bateman, de BBC Radio 4.
El Prophet-600 de Sequential Circuits en acción


"Las computadoras eran lo suficientemente rápidas como para secuenciar notas y controlar el número de teclados y cajas de ritmos al mismo tiempo, y eso abrió paso a una industria nueva".
Fue un avance que tendría el mismo impacto en la música popular que la electrificación de guitarras, desarrollada décadas antes.
El nacimiento de la música dance
Alex Paterson , fundador de la banda de ambient dance llamada The Orb, tiene un estudio de grabación en su casa de Buckinghamshire, Reino Unido.
"Que Dios bendiga a MIDI", exclama al ser consultado.
"Fue como entrar en un sueño", cuenta, refiriéndose al sistema utilizado en 1990 para grabar el tema emblemático de la banda, Little Fluffy Clouds.
"Estaba todo allí guardado, listo para que tú lo lances, fue realmente increíble", recuerda.
Este control orquestado y secuenciado de los sonidos de sintetizadores, cajas de ritmo y samplers dio lugar a nuevas formas de producción: así nació la música dance.
Lo que hizo MIDI fue "separar la tecla del sonido", dice Cineplexx. Ahora se pueden crear órdenes digitales y asignarle a cada tecla los sonidos que se quieran.
El músico argentino ofrece una comparación interesante con las cámaras digitales y analógicas en el mundo de la fotografía.
"Hay quienes cuestionan la calidad", dice, pero destaca que en la práctica el MIDI proporcionó la posibilidad de escribir partituras digitales interpretarlas como se quiera con un pequeño teclado.
Libre acceso
El primer instrumento con capacidad MIDI fue un sintetizador llamado Prophet-600 - diseñado por Dave Smith - que comenzó a producirse en 1982.
Las computadoras Atari y Commodore 64, muy populares entre los aficionados a los videojuegos en aquella época, también podían utilizarse para controlar instrumentos MIDI a través de un cable con conectores DIN (de cinco puntas) en cada extremo.
La amplia disponibilidad del formato y la facilidad de su uso permitieron redefinir la música pop de los 80, le aportaron un fuerte sonido electrónico y engendraron muchos de los géneros musicales contemporáneos.
Dom Beken, coproductor de Alex Paterson, recuerda cómo la tecnología MIDI permitió que cualquiera pudiera crear "masivos paisajes sonoros". "Pioneros de la electrónica y antiguos punks ahora podían hacer cosas que enloquecían al público en las pistas de baile", dice.
Para Dave Smith, MIDI sólo podía triunfar si todos los fabricantes la adoptaban. "Tuvimos que regalarla", dice. La universalidad del formato fue quizás un ejemplo precursor de lo que ahora se denomina tecnología de código abierto (open source), para que cualquiera tuviera acceso.
"Por supuesto que hubiera sido divertido ganar dinero con ella", dice su creador californiano.
"Pero ese no era el plan".
Treinta años después, la tecnología MIDI se mantiene como uno de los componentes centrales de la grabación y producción profesional de música.
Read More..

Mint, otro Linux para quienes quieren explorar el mundo fuera de Windows

Una de las grandes virtudes de Linux (un sistema operativo libre para PC y otros dispositivos) es la cantidad innumerable de versiones disponibles. Estas distribuciones, además, son en su enorme mayoría de uso gratis, y representan una buena alternativa para los que no desean invertir en una licencia de Windows o quieren explorar -sin gastar- alternativas para la computadora hogareña.
Hemos recomendado en varias ocasiones opciones sencillas de usar e instalar que tienen herramientas iguales o muy similares a las que pueden encontrarse en Windows, destacando la ductilidad de las distribuciones disponibles y cómo hacer para probarlas sin complicarse demasiado , usando un CD regrabable o un pendrive, para no afectar el Windows instalado en la computadora.
En los últimos años fue Ubuntu el que más hizo para facilitarle el trabajo a los neófitos que venían de Windows, automatizando y simplificando procesos de instalación, creando un sitio amigable, sumando instrucciones de instalación y uso en lenguaje no técnico e incluso haciendo acuerdo para preinstalarlo en equipos de marca , pero la elección de la interfaz de usuario Unity (algo rígida) le hizo perder adeptos.
Una de las alternativas que venía creciendo en popularidad era Linux Mint (gratis), y los últimos números de DistroWatch , un sitio que lista las diferentes distribuciones y su popularidad, lo dan como el rey de 2012. Mint usa a Ubuntu como base, por lo que aprovecha algunas de sus herramientas (como la que permite instalarlo dentro de Windows para poder usarlo sin afectar la instalación original) y viene con una gran cantidad de componentes multimedia preinstalados, para facilitar la reproducción de audio y video, entre otras cosas (las distribuciones más "puras" suelen evitar esto para promover el uso de estándares libres de audio y video).
Hace poco más de un mes Linux Mint liberó su versión más reciente, Nadia 14, que incluye dos entornos de escritorio que resultarán muy agradables para quienes no se sienten cómodos con Unity, porque mantienen el esquema tradicional de Windows y Gnome 2.x: una barra de herramientas en la parte inferior de la pantalla, ventanas con los botones de control a la derecha, etcétera.

Linux Mint 14 tiene dos versiones: MATE (basado en Gnome 2.x, y cuyo nombre está inspirado en la yerba mate) y Cinnamon (canela, en inglés) de aspecto similar pero con algunos detalles visuales más atractivos: menús de notificaciones más sofisticados, escritorios virtuales persistentes, miniaturas en el administrador de ventanas y más.
cómo instalarlo
Cualquiera de ellas se puede meter en un pendrive o disco externo y correr desde allí o, si se quiere, instalarlas en la PC, junto con Windows (es compatible con Windows 8) o en una partición nueva. Alcanza con descargar el archivo ISO de instalación (hay uno para MATE y otro para Cinnamon). Ese archivo (900 MB, aproximadamente) se puede grabar en un DVD con una aplicación para quemar imágenes de disco: en Windows está el freeware CDBurnerXP , por ejemplo. Con el disco en la lectora, al encender al PC debería cargar primero Mint antes que Windows (si no, habrá que cambiar una configuración en el BIOS). Podremos usarlo como si estuviera instalado en la PC y luego, si queremos, instalarlo en el disco rígido de nuestra computadora, cuidando de hacerlo en una partición vacía o dentro de Windows.
Otra opción es instalarlo en una memoria USB (de 2 GB o más de capacidad). Para eso hay que usar la aplicación Image Writer (gratis, hay que cliquear donde dice win32diskimager-binary.zip para descargar el archivo). Luego habrá que cambiar la extensión del archivo de .ISO a .IMG para que Image Writer reconozca el archivo y pueda copiarlo en el pendrive (atención que borrará todo lo que está allí).
Si al prender la PC con el pendrive conectado no lo reconoce, habrá que cambiar el orden de carga de sistemas operativos, una opción que suele aparecer apenas se prende la PC (y que no estará disponible si la computadora es muy vieja) para ordenarle que cargue primero el contenido de la memoria USB.
Para quienes estén pensando en probar una distribución de Linux y buscan reducir el "choque cultural" con una interfaz de usuario que sea parecida -pero no idéntica- a la del Windows tradicional, y que además sea sencillo de usar, tienen en Linux Mint 14 Nadia una opción muy atractiva.
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Makers of $99 Android-Powered Game Console Ship First 1,200 'Ouyas'

Like Nintendo's Wii U game console, the Ouya (that's "OOH-yuh") has an unusual name and even more unusual hardware. The console is roughly the size of a Rubik's cube, and is powered by Android, Google's open-source operating system that's normally found on smartphones and tablets.
Ouya's makers, who are preparing the console for its commercial launch, encourage interested gamers to pop the case open and use it in electronics projects ... or even to write their own games for it. Especially if they're among the 1,200 who are about to receive their own clear plastic Ouya developer consoles.
Not exactly a finished product
The limited-edition consoles, which have been shipped out to developers already, are not designed for playing games on. They don't even come with any.
Rather, the point of these consoles is so that interested Android developers can write games for the Ouya, which will then be released to gamers when the console launches to the public. Fans who pledged at least $1,337 to Ouya's record-breaking Kickstarter project will get one, and while they're not quite suited for playing games on -- "we know the D-pad and triggers on the controller still need work," Ouya's makers say -- the clear plastic developer consoles serve as a preview of what the finished product will look like, and a reminder of Ouya's "openness."
You keep using that word ...
In the food and drug industries, terms like "organic" and "all-natural" are regulated so that only products which meet the criteria can have them on their labels. In the tech world, however, anyone can claim that their product is "open," for whatever definition of "open" they like.
The term was popularized by the world's rapid adoption of open-source software, like Android itself, where you're legally entitled to a copy of the programming code and can normally use it in your own projects (like Ouya's makers did). But when tech companies say that something is "open," they don't necessarily mean that the code or the hardware schematics use an open-source license.
How Ouya is "open"
Ouya's makers have released their ODK, or developer kit, under the same open-source license as Android itself. This allows aspiring game developers to practice their skills even without a developer console, and to improve the kit however they want. The hardware itself is currently a "closed" design, however, despite the clear plastic case. The makers have expressed enthusiasm for the idea of hardware hackers using it in projects, and have said, "We'll even publish the hardware design if people want it," but so far they haven't done so.
What about the games?
The most relevant aspect of "openness" to normal gamers is that Ouya's makers say "any developer can publish a game." This model is unusual for the console world, where only select studios are allowed to publish their wares on (for instance) the PlayStation Network, but is more familiar to fans of the anything-goes Google Play store for Android. Several big-name Android developers -- including console game titan Square-Enix -- have already signed up to have their wares on the Ouya.
Preordered Ouya game consoles (the normal ones, not the developer edition) will ship in April. They will cost $99 once sales are opened to the general public.
Jared Spurbeck is an open-source software enthusiast, who uses an Android phone and an Ubuntu laptop PC. He has been writing about technology and electronics since 2008.
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Can Samsung survive without Android?

Samsung (005930) is the world’s top Android smartphone vendor by a staggering margin. Aside from LG (066570), which managed a small $20 million profit from its mobile division last quarter, no other global Android vendor can figure out how to make money selling Android phones. Meanwhile, Samsung posted a $6 billion profit on $47.6 billion in sales in the third quarter, thanks largely to record smartphone shipments and a massive marketing budget. Even as industry watchers turn sour on Apple, Samsung is seen steamrolling into 2013 and its stock is up nearly 50% on the year while Apple (AAPL) shares continue to fall from a record high hit in September. As unstoppable as Samsung appears right now, one key question remains: Is Samsung driving Android’s success or is Android driving Samsung’s success? Starting in 2013, we may finally begin to find out.
[More from BGR: Unreleased ‘BlackBerry X10′ QWERTY phone appears again in new photos]
Earlier this year, BGR wrote about Samsung’s effort to look beyond Android. Even with its own UI and application suite — and even with its own content services — Samsung will always rely on Google (GOOG) if it continues to base its devices on Google’s latest Android builds.
[More from BGR: RIM teases BlackBerry 10 launch with image of first BB10 smartphone]
This isn’t necessarily a bad thing, but it means Samsung will never truly control the end-to-end experience on its products. It also means Samsung will never truly own its smartphones and tablets. Instead, Samsung’s devices will deliver an experience that is an amalgamation of Google’s vision and its own.
But there are alternative options. One example is the path Amazon (AMZN) has taken. Amazon let Google do the grunt work and then took its open-source Android OS and built its own software and service layer on top. Kindle Fire users don’t sit around waiting for Android updates — many of them don’t even know they’re using an Android-powered tablet.
Samsung could do the same thing, but there is a great deal of prep work that would need to be done first. Amazon’s efforts were so successful (depending on your measure of success) because the company already had a massive ecosystem in place before it even launched its first device. Streaming movies and TV shows, eBooks, retail shopping and a stocked application store were all available on the Kindle Fire from day one.
Samsung doesn’t have this luxury. Yet.
Samsung could also take ownership of a new OS, and Tizen may or may not end up being that OS. Samsung is co-developing the new Linux-based mobile platform with Intel (INTC) and others, and a new rumor from Japan’s The Daily Yomiuri suggests Samsung plans to launch its first Tizen phone in 2013. “Samsung will probably begin selling the [Tizen] smartphones next year and they are likely to be released in Japan and other countries at around the same time,” the site’s sources claim.
This will be a slow process. If Samsung follows the same path it took with Bada, Samsung’s earlier Linux-based OS that was folded into the Tizen project, things will start out slow as Samsung launches regional devices that are restricted to a few Eastern markets. Testing the waters before dumping serious marketing dollars into the project isn’t a bad idea, especially considering the battle at the bottom of the smartphone OS food chain that will already be taking place in 2013.
But one thing is clear: Samsung is looking to broaden its strategy and move beyond a point where it relies entirely on another company for its smartphone software.
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Sony No Longer Shipping PlayStation 2 in Japan

Sony's PlayStation 2 home game console, released in 2000, was one of the most popular game consoles of all time, rivaled in sales only by the different kinds of Nintendo DS handheld console. It continued to be sold new on store shelves until just recently, even years after Sony launched its PlayStation 3 successor.
Now, however, Sony's sent out its last shipment of new "PS2" consoles for the Japanese market, according to Japanese gaming news site Famitsu (as reported by Polygon's Emily Gera). Some other regions are continuing to receive shipments for now, but the heart of the PlayStation 2 phenomenon has finally stopped beating.
A gaming legend
Japanese PlayStation fans saw thousands more titles released in their language than English-speaking players. The PlayStation 2 was especially well-known for its role-playing games, such as the MMORPG Final Fantasy XI, which was designed so closely around the PS2's capabilities that its Windows PC version uses almost entirely the same graphics and controller-based interface.
New PS2 games continue to ship; Final Fantasy XI is even getting a full-fledged, retail-boxed expansion pack this March. It'll only support the PS2 in Japan, however, where dedicated players continue to use the original "fat" PS2 consoles with the hard drive expansion slot. Internationally, it will only support the PC and Xbox 360.
PS2 games in a post-PS2 world
The first PlayStation 3 consoles -- infamous for the silence which ensued at the Sony event where their price at launch was announced to be "599 U.S. dollars" -- were backwards-compatible with the vast majority of PlayStation 2 and original PSOne games. Sony achieved PS2 backwards compatibility, however, by including the PS2's actual "Emotion Engine" and "Graphics Synthesizer" chips inside each PS3, essentially making it two game consoles in one (and helping to drive up that launch price).
A redesign bumped down the price some, but at the cost of removing the Emotion Engine chip, which caused the redesigned PS3 consoles to sometimes have bugs or fail to play certain games. Today's PS3 consoles lack both chips, which means that while they play PSOne games just fine, they don't support PS2 game discs at all and can't be upgraded to do so.
The legend lives on?
Sony has made HD remakes of certain PS2 titles, and republished others for the PS3 under the "PlayStation 2 Classics" brand. Dozens of such titles have been re-released as digital downloads in the PlayStation Network store.
This method of playing a PS2 game on the PS3, however, involves essentially buying the game again (assuming that it's even in the store), sort of like Sony's method of playing PlayStation Portable games on the Vita. Even rebuying the games for the PS3 doesn't ensure continued playability on modern Sony consoles; the upcoming "PlayStation 4" (not its actual name) reportedly won't be able to play games made for the PS3.
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First Person: What My College Degree Means to Me

*Note: This was written by a Yahoo! contributor. Do you have a personal finance story that you'd like to share? Sign up with the Yahoo! Contributor Network to start publishing your own finance articles.
My college degree helped me pursue a successful 30-year career in advertising and public relations. However, it only happened after I realized I had not made the right decision in choosing my college major.
Pursuing The Major Course I Wanted
It all began when I had earned four years of tuition under the GI Bill of Rights by serving in the U.S. Navy. Ever since childhood, I had wanted to be an artist, and that was my chance to enroll as a fine arts freshman at the Philadelphia Museum College of Art (now the University of the Arts).
An Enjoyable Fine Arts Education
Throughout my undergraduate years, I appreciated the challenges and encouragement of the school's excellent teaching staff. My courses consisted of drawing, painting, sculpture and other fine arts classes. Some of my paintings were accepted for exhibition at local galleries. I was graduated with top honors and the degree of bachelor of fine arts.
Then it was time for me to earn a living from what I had learned in four years of college. I made the rounds of the many galleries in Philadelphia and New York selling my art, and had some moderate success. However, the sales were few and far between, and my income wasn't nearly enough to support myself.
Had I Made an Error in Judgment?
After a year, I came to the conclusion that I had chosen a field that, while traditionally attractive, wasn't practical in the reality of today's business world. While I hadn't wasted my four years of fine arts studies, they had not prepared me for the necessity of making a living.
I had several choices. I could go on painting, get some kind of part-time job to pay my bills, and hope I'd eventually become a successful exhibiting artist. The other choice was to go back to college and major in practical business subjects.
Fortunately, an application I'd sent to the University of Pennsylvania earned me a lab assisantship and free tuition at the Annenberg Graduate School of Communications there. I majored in mass communications and public relations, with a minor in graphic arts. After two years, and armed with a much more practical resume, I began another job search.
A Favorable Career Turn
Another fortunate opportunity coincided with earning my Master of Arts in Communications degree. Prudential Financial, Inc. was just establishing an Eastern regional office in a Philadelphia suburban area, and hiring a staff of more than 3,000 employees. I applied for the newly-created position of Public Relations and Advertising Manager, and was hired to direct the 30-person creative staff.
I recently retired after 30 years with Prudential. Today I consider my education choices and experiences may be of value to college students in the same situation I was after earning my bachelor's degree. Looking back, I had not realized then the impracticality of attempting a fine arts path in the real world where income opportunities are very limited.
Business-related degrees are essential in finding practical career promises. I believe my decision to enhance my education goals beyond fine arts to communications offered me those opportunities. For today's students, armed with the right credentials and personal determination, there's no limit to the heights that talent, hard work and ambition can earn for them.
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Low prices boost SF home sales to 5-year Jan. high

 Home sales in the San Francisco Bay area reached a five-year high for January, as prices and mortgage rates plunged, a real estate tracking firm reported Thursday.
However, many of those purchases involved properties that were subject to foreclosures or short sales, indicating the housing market is far from recovered.
The survey by San Diego-based DataQuick also showed the median sales price in the region fell nearly 3 percent last month from December to $326,000 — less than half the peak price of $665,000 reached in 2007 but up from the low of $290,000 recorded in 2009.
A total of 5,479 new and existing homes were sold in the nine-county area, according to DataQuick. The figure was down nearly 27 percent from December but marked a 10.3-percent improvement over January 2011.
The December-to-January drop was normal for the season, while the January-to-January jump showed real improvement, DataQuick said.
The year-over-year increase in January marked the seventh annual jump in a row, the firm said.
Home sales were buoyed by "lower prices, ultra-low mortgage rates, a modestly improved economy and a record level of investor purchases," DataQuick said in a statement.
The lower median price in January was "a reflection of how skewed the market has become toward distressed, lower-cost properties," DataQuick President John Walsh said in the statement. "The higher-end sales have slowed in recent months as many struggle to qualify for loans and others just sit tight."
Distressed property sales — the combination of foreclosure and short sales — made up more than half of all sales of existing homes. Absentee buyers, who mostly are investors, bought more than a quarter of all homes sold, DataQuick reported
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Why the Slowest Investors Win the Race

Anyone who attended kindergarten remembers Aesop's fable about the tortoise and the hare. The story's moral has implications for investors: Slow but steady wins the race.
Hare investors try to sprint to the finish line of a comfortable retirement without girding their portfolios against the perils of volatility — frequent ups and downs in asset value. So they tend to lag far behind tortoise investors, who take these precautions, which I'll explain in a moment.
Volatility reflects uncertainty, and markets tend to punish uncertainty with lower prices. Yet just because an investment is volatile doesn't mean it has no place in your portfolio. Because they may be less likely to go down with other assets in the portfolio, volatile investments may add highly beneficial variety, known as diversification.
Let's say you own tech stocks like Apple and IBM. Adding more tech stocks to your portfolio doesn't decrease overall risk, so you add a gold-mining stock instead. Though highly volatile in itself, the gold-mining stock is less likely to go up or down with tech stocks, so it increases the portfolio's diversification.
Because there's little correlation between gold-mining stocks' price movements with those of tech stocks, these categories are said to have a low correlation. That sounds complicated, but you can easily look up the differences in price movements between different types of investments to see whether they're correlated, and if so, how closely.
Aware of the downsides of volatility, tortoises avoid it by assembling highly diversified portfolios. That means traditional investments such as U.S. stocks and bonds, mixed with a dash of non-traditional (alternative) assets. These may include emerging market stocks, Treasury bonds and real estate securities. The price movements of these investments have a history of not being highly correlated with U.S. stocks or bonds.
Tortoises are like a savvy retailer on a tropical resort island who wisely sells umbrellas as well as sunscreen to help cover losses during rainy periods. Every once in while, the rain falls on everything -- which is what happened in late 2008, much to the dismay of investors. In the financial meltdown, stocks, bonds and real estate both in the US and abroad swooned, leaving little quarter for investors.
Tortoise-style investors add a touch of alternative investments, knowing this may cut their overall returns some years, but they'll sleep more peacefully with the knowledge that it can counter-balance heavy losses in traditional investments.
Hares aren't focused on this balanced approach. Instead, they assemble highly aggressive portfolios of assets that tend to rise or fall in lockstep. They're not concerned with cutting their losses because, compelled by greed, they're not planning to have any losses ior they believe they can defy gravity. This was not unlike the employees who loaded up on their company's shares before the recession, only to see their investment go south along with their job.
Like the Aesop's hare, hare investors are overconfident and turn a blind eye to the ravages of volatility, which take a long time to recover from. Tortoises, having sustained less damage, continue their slow but steady progress.
The math of recovering from hits may astonish you. Let's say your portfolio loses 33 percent of its value, leaving you with two thirds of what you had. Many believe they'd be back where they started if they gain 33 percent. But this gain wouldn't restore their losses. They would actually need to make a 50 percent gain to get back to where they started. The reason is that the gain is based on a lower value than what you started with.
Heavy gains followed by just a large losses from volatile investments is comparable to the hare in Aesop's fable sprinting for periods and then, winded, lying down to take a nap. Like the tortoise, investors with adequately diversified portfolios don't tend to need as much recovery time.
Such losses are even more damaging than they appear at first blush. Not only do hare portfolios lose time that could be used to make progress toward the goal, but they also miss out on the benefits of compounding from reinvested gains . Though tortoises' gains may be far lower than those made by hares during their sprints, they're more likely to enjoy the benefits of compounding.
These awkward reptiles plod steadily toward the finish line while the halting progress of hares leaves them far behind.
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US rate on 30-year mortgage hits record 3.83 pct.

Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week. Cheap mortgage rates have made home-buying and refinancing more affordable than ever for those who can qualify.
Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ticked down to 3.83 percent. That's the lowest since long-term mortgages began in the 1950s. And it's below the previous record rate of 3.84 percent reached last week.
The 15-year mortgage, a popular option for refinancing, dropped to 3.05 percent, also a record. That's down from last week's previous record of 3.07 percent.
Low mortgage rates haven't done much to boost home sales. Rates have been below 4 percent for all but one week since early December. Yet sales of both previously occupied homes and new homes fell in March.
There have been some positive signs in recent months. January and February made up the best winter for sales of previously occupied homes in five years. And builders are laying plans to construct more homes in 2012 than at any other point in past 3 1/2 years. That suggests some see the housing market slowly starting to turn around.
Still, many would-be buyers can't qualify for loans or afford higher down payments required by banks. Home prices in many cities continue to fall. That has made those who can afford to buy uneasy about entering the market. And for those who are willing to brave the troubled market, many have already taken advantage of lower rates — mortgage rates have been below 5 percent for more than a year now.
Mortgage rates are lower because they tend to track the yield on the 10-year Treasury note. Slower U.S. job growth and uncertainty about how Europe will resolve its debt crisis have led investors to buy more Treasurys, which are considered safe investments. As demand for Treasurys increases, the yield falls.
To calculate the average rates, Freddie Mac surveys lenders across the country on Monday through Wednesday of each week.
The average rage does not include extra fees, known as points, which most borrowers must pay to get the lowest rates. One point equals 1 percent of the loan amount.
The average fee for 30-year loans was 0.7 last week, down from 0.8 the previous week. The fee on 15-year loans also was 0.7, unchanged from the previous week.
The average on one-year adjustable rate was 2.73 percent last week, down from 2.7 percent the previous week. The fee on one-year adjustable rate mortgages was 0.5, down from 0.6.
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US rate on 30-year mortgage rises to 3.71 pct.

Average rates on fixed mortgages rose this week, the first increase in seven weeks. But mortgage rates remain near historic lows, boosting prospects for home sales this year.
Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan increased to 3.71 percent. That's up from 3.67 percent last week, the lowest since long-term mortgages began in the 1950s.
The average rate on the 15-year mortgage, a popular refinancing option, rose to 2.98 percent. That's up from 2.94 percent last week, also a record low.
The rate on the 30-year loan has been below 4 percent since early December. Low rates are a key reason the housing industry is showing modest signs of a recovery this year.
In April, sales of both previously occupied homes and new homes rose near two-year highs. Builders are gaining more confidence in the market, breaking ground on more homes and requesting more permits to build single-family homes later this year.
Low rates could also provide some help to the economy if more people refinance. When people refinance at lower rates, they pay less interest on their loans and have more money to spend.
Still, the pace of home sales remains well below healthy levels. Economists say it could be years before the market is fully healed.
Many people are still having difficulty qualifying for home loans or can't afford larger down payments required by banks. Some would-be home buyers are holding off because they fear that home prices could keep falling.
The economy is growing only modestly and job creation slowed sharply in April and May. U.S. employers created only 69,000 jobs in May, the fewest in a year.
Mortgage rates have been dropping because they tend to track the yield on the 10-year Treasury note. Uncertainty about how Europe will resolve its debt crisis has led investors to buy more Treasury securities, which are considered safe investments. As demand for Treasurys increase, the yield falls.
To calculate average rates, Freddie Mac surveys lenders across the country on Monday through Wednesday of each week.
The average does not include extra fees, known as points, which most borrowers must pay to get the lowest rates. One point equals 1 percent of the loan amount.
The average fee for 30-year loans was 0.7 point, unchanged from last week. The fee for 15-year loans also was unchanged at 0.7 point.
The average rate on one-year adjustable rate mortgages slipped to 2.78 percent from 2.79 percent last week. The fee for one-year adjustable rate loans was 0.5, up from 0.4.
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