Lilly drug chosen for Alzheimer's prevention study


Researchers have chosen an experimental drug by Eli Lilly & Co. for a large federally funded study testing whether it's possible to prevent Alzheimer's disease in older people at high risk of developing it.


The drug, called solanezumab (sol-ah-NAYZ-uh-mab), is designed to bind to and help clear the sticky deposits that clog patients' brains.


Earlier studies found it did not help people with moderate to severe Alzheimer's but it showed some promise against milder disease. Researchers think it might work better if given before symptoms start.


"The hope is we can catch people before they decline," which can come 10 years or more after plaques first show up in the brain, said Dr. Reisa Sperling, director of the Alzheimer's center at Brigham and Women's Hospital in Boston.


She will help lead the new study, which will involve 1,000 people ages 70 to 85 whose brain scans show plaque buildup but who do not yet have any symptoms of dementia. They will get monthly infusions of solanezumab or a dummy drug for three years. The main goal will be slowing the rate of cognitive decline. The study will be done at 50 sites in the U.S. and possibly more in Canada, Australia and Europe, Sperling said.


In October, researchers said combined results from two studies of solanezumab suggested it might modestly slow mental decline, especially in patients with mild disease. Taken separately, the studies missed their main goals of significantly slowing the mind-robbing disease or improving activities of daily living.


Those results were not considered good enough to win the drug approval. So in December, Lilly said it would start another large study of it this year to try to confirm the hopeful results seen patients with mild disease. That is separate from the federal study Sperling will head.


About 35 million people worldwide have dementia, and Alzheimer's is the most common type. In the U.S., about 5 million have Alzheimer's. Current medicines such as Aricept and Namenda just temporarily ease symptoms. There is no known cure.


___


Online:


Alzheimer's info: http://www.alzheimers.gov


Alzheimer's Association: http://www.alz.org


___


Follow Marilynn Marchione's coverage at http://twitter.com/MMarchioneAP


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Wall Street Week Ahead: Earnings, money flows to push stocks higher

NEW YORK (Reuters) - With earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power higher, its all-time high a not-so-distant goal.


The U.S. equity benchmark closed the week at a fresh five-year high on strong housing and labor market data and a string of earnings that beat lowered expectations.


Sector indexes in transportation <.djt>, banks <.bkx> and housing <.hgx> this week hit historic or multiyear highs as well.


Michael Yoshikami, chief executive at Destination Wealth Management in Walnut Creek, California, said the key earnings to watch for next week will come from cyclical companies. United Technologies reports on Wednesday while Honeywell is due to report Friday.


"Those kind of numbers will tell you the trajectory the economy is taking," Yoshikami said.


Major technology companies also report next week, but the bar for the sector has been lowered even further.


Chipmakers like Advanced Micro Devices , which is due Tuesday, are expected to underperform as PC sales shrink. AMD shares fell more than 10 percent Friday after disappointing results from its larger competitor, Intel . Still, a chipmaker sector index <.sox> posted its highest weekly close since last April.


Following a recent underperformance, an upside surprise from Apple on Wednesday could trigger a return to the stock from many investors who had abandoned ship.


Other major companies reporting next week include Google , IBM , Johnson & Johnson and DuPont on Tuesday, Microsoft and 3M on Thursday and Procter & Gamble on Friday.


CASH POURING IN, HOUSING DATA COULD HELP


Perhaps the strongest support for equities will come from the flow of cash from fixed income funds to stocks.


The recent piling into stock funds -- $11.3 billion in the past two weeks, the most since 2000 -- indicates a riskier approach to investing from retail investors looking for yield.


"From a yield perspective, a lot of stocks still yield a great deal of money and so it is very easy to see why money is pouring into the stock market," said Stephen Massocca, managing director at Wedbush Morgan in San Francisco.


"You are just not going to see people put a lot of money to work in a 10-year Treasury that yields 1.8 percent."


Housing stocks <.hgx>, already at a 5-1/2 year high, could get a further bump next week as investors eye data expected to support the market's perception that housing is the sluggish U.S. economy's bright spot.


Home resales are expected to have risen 0.6 percent in December, data is expected to show on Tuesday. Pending home sales contracts, which lead actual sales by a month or two, hit a 2-1/2 year high in November.


The new home sales report on Friday is expected to show a 2.1 percent increase.


The federal debt ceiling negotiations, a nagging worry for investors, seemed to be stuck on the back burner after House Republicans signaled they might support a short-term extension.


Equity markets, which tumbled in 2011 after the last round of talks pushed the United States close to a default, seem not to care much this time around.


The CBOE volatility index <.vix>, a gauge of market anxiety, closed Friday at its lowest since April 2007.


"I think the market is getting somewhat desensitized from political drama given, this seems to be happening over and over," said Destination Wealth Management's Yoshikami.


"It's something to keep in mind, but I don't think it's what you want to base your investing decisions on."


(Reporting by Rodrigo Campos, additional reporting by Chuck Mikolajczak and Caroline Valetkevitch; Editing by Kenneth Barry)



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Sergei Filin, Bolshoi Ballet Director, Is Victim of Acid Attack





MOSCOW – A masked man threw acid in the face of Sergei Filin, the artistic director of the legendary Bolshoi Ballet, on Thursday night, leaving him with third-degree burns and possibly threatening his eyesight, Bolshoi officials said on Friday morning.




The attack followed a series of anonymous threats to Mr. Filin, 42, a dancer who rose through the ranks of the world’s largest ballet company to become its head.


Investigators have not ruled out a dispute over money or property, but are focusing on the theory that Mr. Filin was targeted because of his work, a police spokesman told the Interfax news service.


As dancers kept an overnight vigil at the burn unit where he is being treated, his colleagues said they suspected professional jealousy was behind the attack. In recent weeks, his tires were punctured and his car scratched, and his cellphones and personal e-mail account were hacked and correspondence published, his associates have said. A relative offered to supply Mr. Filin with a bodyguard, but Mr. Filin refused because he did not believe the threats would lead to physical violence, said Dilyara Timergazina, his assistant and adviser.


The threats, she said, “don’t show that someone with great conceptual thinking is behind that, but someone very primitive, with unhealthy aspirations – I don’t know how to put it – someone full of hate.”


Katerina Novikova, the Bolshoi’s press spokeswoman, said that Mr. Filin was opening the gate to his residence when a masked man called out his name and threw the contents of a bottle in his face. After the attack he was able to see out of one eye but not the other, Ms. Timergazina said.


An official at the theater told the Interfax news agency that he would be sent overseas, probably to Germany or Israel, for treatment. Doctors have said his recovery may take as long as six months.


The Bolshoi has a reputation for intrigue and outsized emotions, but Ms. Novikova, the theater’s press secretary, said she never imagined it could lead to violence.


“Sergei was constantly receiving threats after he took up this post and his predecessors were under attack before him,” she told Russia’s Channel One. “We never thought that this war for roles – and not for real estate or for oil – could reach such a criminal level. And we always wanted to believe that people connected with theater would have a minimal level of morality. That’s why this is an absolutely frightening story.”


Mr. Filin signed a five-year contract as director of the Bolshoi in 2011. Among his first big decisions was to hire David Hallberg as a principal dancer – the first American to hold that coveted status, which has traditionally gone to Russian-trained dancers. He suffered a setback when two of its stars, Natalia Osipova and Ivan Vasiliev, left the Bolshoi for a far lesser-known theater in St. Petersburg.


Mr. Filin’s leadership has not stood out as especially controversial. But Anastasia Volochkova, a former Bolshoi ballerina, said his power to assign roles made him the focus of sometimes passionate resentment.


“Sergei didn’t do anything he could be condemned for,” she said, in an interview with Ekho Moskvy, a radio station. “This position is, of course, a sweet one. The head of the ballet decides everything: what grants each artists receive, or maybe won’t receive. Who will dance certain roles, and who won’t dance them.”


She added, “The cruelty of the ballet world has become surprisingly pathological.


One simmering conflict has involved Nikolai Tsiskaridze, a popular principal dancer who last year harshly criticized a recent reconstruction of the theater and has publicly clashed with its leadership since then. A group of Mr. Tsiskaridze’s supporters petitioned President Vladimir V. Putin in November, requesting that Mr. Tsiskaridze be appointed director of the Bolshoi.


Aleksei Ratmansky, Mr. Filin’s predecessor as the company’s artistic director, wrote on Facebook that the incident was “not a coincidence” and wished Mr. Filin “swift recovery and courage.”


Sophia Kishkovsky contributed reporting from New York.



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Tina Fey Wants Boring People to Get a License to Twitter






We realize there’s only so much time one can spend in a day watching new trailers, viral video clips, and shaky cell phone footage of people arguing on live television. This is why every day The Atlantic Wire highlights the videos that truly earn your five minutes (or less) of attention. Today:  


RELATED: Jimmy Kimmel Really Hates Kids; Call Me Again Maybe






Tina, you can be in charge of Twitter-licensing any day. And, please, start with Donald Trump….


RELATED: A Bad Lip Read of Edward and Bella; Kimmel Continues to Make Kids Cry


RELATED: The Honey Boo Boo Nature Special; Everyone’s Favorite Sleepwalking Mom


The Atlantic Wire staff (with the exception of our Canadian correspondent) travels on the New York City subway system every single day. We have never seen this man. If you have, give him a dollar for us:


RELATED: Ai Weiwei’s ‘Gangnam Style’ Isn’t Bad


RELATED: So Which Boyfriend Is Taylor Swift Singing About Now?


Parents, please take this piece of advice: If Jimmy Kimmel comes knocking, the answer is always yes. 


And finally, Notre Dame’s Manti Te’o has changed the way we think about Internet relationships. But before you bemoan the terribleness of Internet dating and how awful everyone’s become, we present you this: 


Wireless News Headlines – Yahoo! News





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What Is Jennifer Aniston Doing with Her Body?







Style News Now





01/17/2013 at 09:00 PM ET











Jennifer AnistonSipa


Jennifer Aniston wants you to have good skin.


The actress announced today that she’s the new face and body of Aveeno skincare products, a brand she loves.


“I’m very particular about what I put on my face and body, and have been using Aveeno for years,” Aniston tells PEOPLE exclusively. “So this partnership is a natural fit for me.”


Expect to see the star in ad campaigns later in the year — and hear her reveal some coveted beauty tips, too.


“Jennifer’s holistic approach to life and her natural beauty are such a perfect match for Aveeno,” the brand says in a statement. “We are pleased to welcome Jennifer to the Aveeno family.”


Aniston, who until now had limited her endorsements, became the spokeswoman and co-owner of Living Proof hair products late last year.


–Kate Hogan


PHOTOS: SHOP THE BEAUTY PRODUCTS OUR EDITORS JUST LOVE!




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Food servers more vulnerable to legal threats


WASHINGTON (AP) — People with severe food allergies have a new tool in their attempt to find menus that fit their diet: federal disabilities law. And that could leave schools, restaurants and anyplace else that serves food more vulnerable to legal challenges over food sensitivities.


A settlement stemming from a lack of gluten-free foods available to students at a Massachusetts university could serve as a precedent for people with other allergies or conditions, including peanut sensitivities or diabetes. Institutions and businesses subject to the Americans With Disabilities Act could be open to lawsuits if they fail to honor requests for accommodations by people with food allergies.


Colleges and universities are especially vulnerable because they know their students and often require them to eat on campus, Eve Hill of the Justice Department's civil rights division says. But a restaurant also could be liable if it blatantly ignored a customer's request for certain foods and caused that person to become ill, though that case might be harder to argue if the customer had just walked in off the street, Hill said.


The settlement with Lesley University, reached last month but drawing little attention, will require the Cambridge, Mass., institution to serve gluten-free foods and make other accommodations for students who have celiac disease. At least one student complained to the federal government after the school would not exempt the student from a meal plan even though the student couldn't eat the food.


"All colleges should heed this settlement and take steps to make accommodations," says Alice Bast, president and founder of the National Foundation for Celiac Awareness. "To our community this is definitely a precedent."


People who suffer from celiac disease don't absorb nutrients well and can get sick from the gluten found in wheat, rye and barley. The illness, which affects around 2 million Americans, causes abdominal pain, bloating and diarrhea, and people who have it can suffer weight loss, fatigue, rashes and other problems. Celiac is a diagnosed illness that is more severe than gluten sensitivity, which some people self-diagnose.


Ten years ago, most people had never heard of celiac disease. But awareness has exploded in recent years, for reasons that aren't entirely clear. Some researchers say it was under-diagnosed, others say it's because people eat more processed wheat products like pastas and baked goods than in past decades, and those items use types of wheat that have a higher gluten content.


Gluten-free diets have expanded beyond those with celiac disease. Millions of people are buying gluten-free foods because they say they make them feel better, even if they don't have a wheat allergy. Americans were expected to spend $7 billion on gluten-free foods last year.


With so many people suddenly concerned with gluten content, colleges and universities have had to make accommodations. Some will allow students to be exempted from meal plans, while others will work with students individually. They may need to do even more now as the federal government is watching.


"These kids don't want to be isolated," Bast says. "Part of the college experience is being social. If you can't even eat in the school cafeteria then you are missing out on a big part of college life."


Under the Justice Department agreement, Lesley University says it will not only provide gluten-free options in its dining hall but also allow students to pre-order, provide a dedicated space for storage and preparation to avoid cross-contamination, train staff about food allergies and pay a $50,000 cash settlement to the affected students.


"We are not saying what the general meal plan has to serve or not," Hill says. "We are saying that when a college has a mandatory meal plan they have to be prepared to make reasonable modifications to that meal plan to accommodate students with disabilities."


The agreement says that food allergies may constitute a disability under the Americans With Disabilities Act, if they are severe enough. The definition was made possible under 2009 amendments to the disability law that allowed for episodic impairments that substantially limit activity.


"By preventing people from eating, they are really preventing them from accessing their educational program," Hill said of the school and its students.


Mary Pat Lohse, the chief of staff and senior adviser to Lesley University's president, says the school has been working with the Justice Department for more than three years to address students' complaints. She says the school has already implemented most parts of the settlement and will continue to update policies to serve students who need gluten-free foods.


"The settlement agreement provides a positive road map for other colleges and universities to follow with regard to accommodating students with food allergies and modifying existing food service plans," Lohse said.


Some say the Justice Department decision goes too far. Hans von Spakovsky, a fellow at the conservative Heritage Foundation who worked in the civil rights division of the Justice Department under President George W. Bush, says food allergies shouldn't apply under the disability act. He adds that the costs could be substantial when schools are already battling backlash from high tuition costs.


"I certainly encourage colleges and universities to work with students on this issue, but the fact that this is a federal case and the Justice Department is going to be deciding what kind of meals could be served in a dining hall is just absurd," he said.


Whether the government is involved or not, schools and other food service establishments are likely to hear from those who want more gluten-free foods. Dhanu Thiyagarajan, a sophomore at the University of Pittsburgh, said she decided to speak up when she arrived at school and lost weight because there were too few gluten-free options in the cafeteria. Like Lesley University, the University of Pittsburgh requires that on-campus students participate in a meal plan.


Thiyagarajan eventually moved off campus so she could cook her own food, but not before starting an organization of students who suffer from wheat allergies like hers. She says she is now working with food service at the school and they have made a lot of progress, though not enough for her to move back on campus.


L. Scott Lissner, the disability coordinator at Ohio State University, says he has seen similar situations at his school, though people with food allergies have not traditionally thought of themselves as disabled. He says schools will eventually have to do more than just exempt students from a meal plan.


"This is an early decision on a growing wave of needs that universities are going to have to address," he said of the Lesley University agreement.


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Stock futures dip as Intel offsets China data; earnings in focus


NEW YORK (Reuters) - Stock index futures were slightly lower on Friday after a disappointing earnings outlook from Intel offset news of better-than-expected economic growth in China.


Shares of Intel Corp slumped 4.9 percent at $21.57 in premarket trading after the tech company forecast quarterly revenue that missed expectations. A sharp increase in capital spending plans for the year also concerned analysts.


China's economy grew at a modestly faster-than-expected 7.9 percent in the fourth quarter of last year, the latest sign the world's second-biggest economy was pulling out of a post-global financial crisis slowdown which saw it grow last year at its weakest pace since 1999.


Investors have focused on earnings this week and S&P 500 company earnings are expected to have risen 2.3 percent in the fourth quarter, Thomson Reuters data showed. Expectations for the quarter have dropped considerably since October, when a 9.9 percent gain was estimated.


S&P 500 futures fell 0.5 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures were down 3 points, and Nasdaq 100 futures lost 11 points.


General Electric reported a rise in earnings for the fourth-quarter, pushing its shares up 2.5 percent at $21.83.


Stronger-than-expected economic data helped send the S&P 500 to its highest level in five years on Thursday. The index is now just 5.6 percent from a record closing peak of 1,565.15.


AT&T warned after Thursday's closing bell that it will take a fourth-quarter charge of about $10 billion due to bigger-than-expected pension obligations. Shares of the telephone company fell 1.2 percent to $32.80 in premarket trading Friday.


On the economic front, a report on consumer sentiment in early January will be released at 9:55 am ET (1455 GMT).


(Reporting by Leah Schnurr; Editing by Bernadette Baum)



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Letter from Europe: In Russia, Culture as an Axis of Propaganda







PARIS — It was June 1935 and Romain Rolland, a noted French author, had just had a long interview in Moscow with Stalin. The next day, Aleksandr Arossev, a Soviet official who had acted as Mr. Rolland’s guide and translator, dashed off an obsequious note to his all-powerful boss, telling him what a hit he had been.




“Romain Rolland, to be honest, was personally charmed by you,” Mr. Arossev wrote in a letter to Stalin dated June 29, 1935. “He said so several times, that he hadn’t expected it, and never would have imagined Stalin in such a way.”


The note, annotated by Stalin with a red pencil — “for my archives ” — was on display, with a 21-page original transcript of Mr. Rolland’s interview, at a recent exhibition in Paris titled “Intelligentsia.” The collection of original documents tracing the tortuous links between French and Russian intellectuals during the Soviet era included the original 1974 decree that sent the dissident writer Aleksandr Solzhenitsyn into exile and stripped him of his passport.


The exhibition told multiple tales of blind idealism and harsh awakenings, the result of the hypnotic power of Communism and the cynical brutality of the Soviet regime.


It also described how cultural figures were manipulated for political purposes, a familiar story that has a weird, albeit silly, echo today in the red-carpet treatment given to the French actor Gérard Depardieu by President Vladimir V. Putin of Russia.


Mr. Depardieu’s antics in Russia have become a seemingly endless source of jokes and cartoons, chewed over by politicians and pundits who speculate about his motives — pique, depression or tax evasion — in accepting a hastily issued Russian passport. (Russian bloggers claim a widely circulated picture of Mr. Depardieu and Mr. Putin was taken in 2007.) His appearance in the region of Mordovia, where kerchiefed women tied a belt around his ample peasant smock, added a folkloric touch.


Mr. Depardieu was offered, in rapid succession, the post of culture minister of Mordovia, a job at a theater in the Siberian city of Tyumen, the title of “Honorary Urdmurt” by another Russian region and an invitation by the Russian Communist Party to join its ranks.


For his part, he fully embraced the welcome, praising the “beautiful and soulful people” of Russia and “its great democracy.” In a barely veiled reference to his public quarrel with the French prime minister, who called his complaints about a proposed 75 percent tax rate “pathetic,” Mr. Depardieu praised Russia’s magnanimity. “Here, there is no pettiness,” he said. “There are only grand sentiments.”


There was also a personal note. “I really love your president,” Mr. Depardieu said, “and it is mutual.”


He was charmed, just like Mr. Rolland.


This is in no way meant to put Mr. Depardieu in the same category as Mr. Rolland, a pacifist and admirer of Mohandas K. Gandhi who was awarded the Nobel Prize in Literature in 1915; nor to compare Mr. Putin with Stalin.


It does, however, provide another example of cultural diplomacy used as propaganda.


“Culture is an axis of diplomacy that was practiced by any number of autocratic regimes, Hitler as well as Stalin,” said Lorraine de Meaux, one of the two curators of the “Intelligentsia” exhibition at the École des Beaux Arts, which closed last week.


She laughed at the mention of the Depardieu case, which she described as “funny and unique,” but not irrelevant. “If he accepts the job of culture minister of Mordovia, maybe he can help in uncovering the history of the prison camps in that region,” she said.


Certainly, the Putin regime has milked the episode for all it’s worth. Mr. Depardieu is well known in Russia (he has appeared in advertisements for a Russian bank and for a brand of ketchup), and his effusive letter lauding the Russian soul was read on the country’s main national television channel.


Russian officials have even suggested that Mr. Depardieu’s flight toward Russia’s flat income tax rate of 13 percent may start a trend. “The distinctiveness of our tax system is poorly known about in the West,” a deputy prime minister, Dmitri O. Rogozin, wrote on Twitter. “When they know about it, we can expect a massive migration of rich Europeans to Russia.”


Or not. Mr. Depardieu received his new passport at a time when Mr. Putin, reacting to criticism of Russia’s human rights record, particularly in the United States, was beginning a campaign to curb outside influences on the country. There have been a slew of bills in Parliament that would, for example, limit the number of foreign films in Russian movie theaters, or ban foreigners — even those with Russian passports — from criticizing the government on television.


As Mr. Rolland discovered, it does not take long for a charming demeanor to turn sour. After his interview at the Kremlin, he repeatedly tried to contact Stalin to get permission to print it.


Mr. Rolland’s letters became ever more urgent as reports of abuses by the Soviet regime increased in number and intensity. By 1937, he was pleading on behalf of figures like Nikolai Bukharin, a Bolshevik revolutionary who was executed soon after. In another letter, he protested the arrest of Mr. Arossev, the very man who had told Stalin what a charmer Mr. Rolland had found him to be.


Mr. Rolland never received Stalin’s permission to publish the transcript of the 1935 interview. Two years later, he still hadn’t received a reply.


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PC titans take notes from tablets to regain customers






SAN FRANCISCO (Reuters) – Personal computer makers, trying to beat back a tablet mania that’s eating into their sales, are making what may be a last-ditch attempt to sway customers by mimicking the competition.


Many of the laptops to be unveiled around the world in coming months will be hybrids or “convertibles” – morphing easily between portable tablets and full-powered laptops with a keyboard, industry analysts say.






The wave of hybrids comes as Intel Corp and Microsoft Corp, long the twin leaders of the PC industry, prepare to report results this week and next. Wall Street is predicting flat to sluggish quarterly revenue growth for both, underscoring the plight of an industry that has struggled to innovate.


In 2013, some are hoping that will change.


With the release of Microsoft’s touch-centric, re-imagined Windows 8 platform in October and more power-efficient chips from Intel, PC makers are trying to spark growth by focusing on creating slim laptops with touchscreens that convert to tablets and vice versa.


Microsoft, expanding beyond its traditional business of selling software, is expected this month to roll out a “Surface Pro” tablet compatible with legacy PC software developed over decades.


That’s a major selling point for corporate customers like German business software maker SAP, which plans to buy Surface Pros for employees that want it, said SAP Chief Information Officer Oliver Bussmann.


“The hybrid model is very compelling for a lot of users,” Bussmann told Reuters last week. “The iPad is not replacing the laptop. It’s hard to create content. That’s the niche that Microsoft is going after. The Surface can fill that gap.”


Apple’s iPad began chipping away at demand for laptops in 2010, an assault that accelerated with the launch of Amazon.com Inc’s Kindle Fire and other Google Android devices like Samsung Electronics’ Note.


With sales of PCs falling last year for the first time since 2001, this year may usher in a renaissance in design and innovation from manufacturers who previously focused on reducing costs instead of adding new features to entice consumers.


“People used to be able to just show up at the party and do well just because the market was going up,” Lisa Su, a senior vice president at Advanced Micro Devices, which competes against Intel. “It’s harder now. You can’t just show up at the party. You have to innovate and have something special.”


At last week’s Consumer Electronics Show in Las Vegas, devices on display from Intel and others underscored the PC industry’s plan to bet more on convertible laptops.


Lenovo’s North America President Gerry Smith told Reuters last week that over the holidays he sold out of the company’s “Yoga”, a laptop with a screen that flips back behind its keyboard, and the “ThinkPad Twist”, another lightweight laptop with a swiveling screen.


Intel itself showed off a hybrid prototype laptop dubbed “North Cape”, housed in a thin tablet screen that attaches magnetically to a low-profile keyboard. And Asus showed a hefty 18-inch, all-in-one Windows 8 PC that converts to a tablet running Google’s Android operating system.


Lenovo and Asus, which have both won positive reviews for their devices in recent months, increased their PC shipments by 14 percent and 17 percent respectively last year, according to Gartner.


“The number of unique systems that our partners have developed for Windows has almost doubled since launch. That gives an indication of how much innovation is going into the PC market,” Tami Reller, chief financial officer of Microsoft’s Windows unit, told Reuters.


FINGER-POINTING


To be sure, hybrids with detachable or twistable screens do not yet account for a significant proportion of global PC sales, and consumers still need to be sold on their benefits.


Previous attempts by PC makers to reinvigorate the market have had limited success. Pushed by Intel, manufacturers launched a series of slimmed down laptops early last year with features popular on tablets, like solid-state memory.


They were too expensive, often at more than $ 1,000 apiece, and failed to arrest the PC decline.


Microsoft’s Windows 8 launch in October brought touchscreen features but failed to spark a resurgence in PC sales many manufacturers had hoped for. A round of finger-pointing ensued, with PC and chip executives blaming a shortage of touchscreen components and others saying it was the manufacturers that sharply underestimated consumer demand for touch devices.


Regardless, the entire PC ecosystem is onboard for 2013. Almost half of the Windows laptops rolled out this year may have touch screens. Of those, most will be in convertible form, according to IDC analyst David Daoud.


Further blurring the distinction between kinds of devices, about a quarter of upcoming Windows 8 gadgets will be tablets that can easily act as laptops with the help of keyboard accessories, he added.


But buyers may have to wait until the second half of the year to see many of them.


“The most likely scenario today is for the industry to have these products ready for the back-to-school season,” Daoud said.


(Reporting and writing by Noel Randewich; Additional reporting by Poornima Gupta and Bill Rigby in Seattle; Editing by Tim Dobbyn)


Tech News Headlines – Yahoo! News





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Despite Divorce, Bethenny Frankel 'Smiling' in Beverly Hills















UPDATED
01/17/2013 at 06:00 AM EST

Originally published 01/17/2013 at 06:00 AM EST







Bethenny Frankel


David Tonnessen/Pacific Coast News


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