Daily Archives: August 4, 2012

Lifeguard Billed with Hospital Charges of $2,600 After Saving Boy

Photo credit www.aol.com

Seventeen-year-old lifeguard John Clark, who rescued a 12-year-old in the surf of Rockaway Beach near Tillamook, Ore., was billed nearly $2,600 in hospital and ambulance bills.

Clark, a lifeguard this summer at a local community center in Vancouver, was visiting the Oregon beach when he heard screams for help. Diving through heavy ocean swells and wave breaks, he kept the boy afloat until watercraft arrived to pull the pair to shore.

“I don’t know exactly how big the swells were,” Clark said. “But they were big enough to push both of us underwater, all the way down to where we were toughing sand.”

After being pulled to shore by Jet Skis, Clark accompanied the boy in an ambulance to Tillamook General Hospital.

Clark thought the ambulance ride was standard, until a bill arrived totaling $2,600. $1,900 was for the 15-mile ambulance ride.

“I had a feeling there would be a bill,” Clark said. “I feel bad for the fact that it’s so expensive, but I couldn’t just let the kid go — I had to do something.”

Trading Glitch Costs Company $440 Million

Photo credit www.latimes.com

Knight Capital Group stated Thursday that it will be facing a $440 million loss for causing a glitch that affected trading activity in almost 150 NYSE-listed stocks.

CEO Tom Joyce commented that the firm is moving quickly to mitigate the fallout.

“We have all hands on deck and we understand what the issues are,” he stated.

Joyce said that the trading glitches stemmed from a software program Knight had put in place Tuesday evening. It’s not clear how much testing had been done but Knight’s CEO stated that the new software had a “fairly major bug in it.”

Knight said that it has removed all of the software that caused problems for its systems and that it has closed out all positions related to the order errors.

Knight was already facing $30 million to $35 million of losses related to Nasdaq’s trading glitches on the day of Facebook’s public debut.

Shares of Knight, falling 33% on Wednesday, dived as much as 54% in trading Thursday.

However Joyce remains optimistic: “The code has been restored [and] we’re very confident in the current operating environment that we reestablished.”

Samsung Attorney Accused of Corrupting Jury

 

Photo credit www.talkandroid.com

Apple attorneys asked District Court Judge Lucy Koh to issue a finding that Samsung infringed upon Apple’s patents as a rebuttal to one of Samsung’s lead attorneys releasing evidence that Apple stated “impugned the integrity of the court”.

Apple and Samsung are engaged in a showdown in court over claims that Samsung products copied Apple’s iPhone.

Apple called the conduct of Samsung attorney John Quinn, a partner of the Los Angeles based law firm Quinn Emanuel Urquhart & Sullivan, “egregious”.

Although Quinn attempted to admit documentation of an interview with Apple designer Shin Nishibori, he was denied four times. Quinn instead gave reporters links to it late in the opening day of the trial.

Quinn said that his statement to the court justified his action that such a move was legal because the document was part of the pretrial submission, even though it had not been admitted into evidence that would be used in the trial. Because it was a pretrial record, Quinn stated, it was a public record that he could share with the press.

The slides and text Quinn released cite comments from an interview with Apple designer Shin Nishibori that he used design ideas in Sony’s Walkman to come up with an iPhone design. He had been directed to do so by Jonathan Ive, Apple’s head of industrial design.

Apple has been treating the interview with much distain. When the company submitted iPhone design records, they all pre-dated the time frame discussed in the Nishibori interview.

Samsung’s release of a statement referring to the excluded evidence included the suggestion “that it be provided to the jury,” a move that warranted the judge to sanction Samsung. That sanction should be a ruling that Apple’s patent claims “are valid and infringed by Samsung.”

In his statement Quinn stated that he wasn’t trying to address the jury. He only allowed the press to see his evidence after Koh had instructed members of the jury that they weren’t allowed to read accounts of the trial in the press or go off information-seeking themselves.

But despite Quinn’s defenses, Apple’s attorney still considers Quinn’s breach an action that needs to be sanctioned.

Judge Koh has yet to issue a ruling.