In a recent issue of Business 2.0 magazine, we are told that X Prize founder Peter Diamandis is expanding his X Prize Foundation to address new areas of innovation. The first Ansari X Prize included a $10 million purse for the first private spaceflight. The X Prize Foundation website notes that the group is “actively researching the feasibility of new prizes in space, energy, genomics, education, nanotechnology, and prizes in the social arena,” but Business 2.0 gives us some more particulars on three new X Prizes:

Read more on ‘X’ Marks the Spot…

In the midst of rising oil prices, massive energy bills, speculation about our supplies of oil – not to mention global warming – a small beacon lights up in Ireland. A technology company named Steorn has made an announcement that it has discovered free energy. I’ll admit, like most others probably will at this point, that I’m a little skeptical, but Steorn says that it has created “test-rigs” that use only magnetic fields (with no electromagnetic components) to create energy out of nothing. This, of course, breaks the first law of thermodynamics, and if this does turn out to be true, many hours that I spent studying physics will have turned out to be a waste of time, as one of the main premises of those hours was that the first law holds. (On the other hand, I can justify now why some of it didn’t make much sense to me.)

Read more on Breaking Physics…

US News and World Report has a little feature on a drapery company that has expanded into more distant markets and thereby grown. The article identifies trade agreements and technology as paving the way for such expansion by many small, local businesses.

Read more on Sew Efficient…

The world’s largest prize for technological innovation was awarded this year to Professor Shuji Nakamura, curently at the University of California Santa Barbara, for his development of bright-blue, green and white LEDs and a blue laser. According to the prize website, “The world’s largest technology prize, now being awarded by Finland’s Millennium Prize Foundation for the second time, has a value of one million euros.” Prof. Nakamura’s advances “were things that other researchers in the semiconductor field had spent decades trying to do.”

Read more on Millennium Technology Prize 2006…

Not directly, of course, but the implication of a recent story from NPR’s Future Tense is that video games have a positive stimulative effect on doctors who are about to perform surgery.

Read more on Video Games Can Save Lives and More……

A number of bloggers have expressed grave concerns over Google’s decision to accomodate the demands of the communist government in its web search offerings in China.

David Mills at Mere Comments writes that Google is “serving a brutal government and helping it oppress its people, even if its service will prove only partially effective.” He complains that Google’s motives are purely pecuniary, and that the company is only acceding to the government’s wishes because “If it didn’t help the Chinese government oppress its people, it wouldn’t make much money in China.” Mills notes that Google is following Microsoft and Yahoo search engines in making these concessions

It seems a pretty easy judgment to make: Google is selling out. My first instinct is to agree and throw my lot in with those condemning Google, Microsoft, and Yahoo. Google executives have described it as a “difficult decision.” But Mills writes, “There is no ethical dilemma, because they do not have to do business in China at all.”

But this is the point at which such judgments themselves are rather simplistic and superficial. First of all, Google does have a responsibility to its shareholders to seek out new areas of profitability, and the most populous nation on the planet can hardly be overlooked.

The fact is that the people of mainland China are living under a repressive regime. The lack of such fundamental rights as free expression and speech are completely alien to us in the West, and so we react strongly when we hear about censorship and denial of human rights abroad.

But the question then becomes, “What is the best way to move China toward economic, political, and religious freedom?” It has long been assumed by proponents of liberal democracies that these three aspects of freedom are inextricably linked. If you truly have one, then you truly have all three. That position is being put to the test in China and other countries, which are seeking to liberalize elements of the economic and business sectors without substantially altering their hold on religious and political freedoms.
Read more on Agog and Aghast at Google…

Apologies for a second Apple-related post in a row, but I thought this example might prove to be a decent case-study of competition in the marketplace. One of the new products that Apple recently introduced was iWeb, a new program that makes it easy “to create websites and blogs — complete with podcasts, photos and movies — and get them online, fast.”

Read more on A Harsh but Good Market…

Many of you may have already heard of the new line of Levi’s jeans due out later this year, the iPod compatible RedWire DLX jeans: “With a joystick remote control built into the watch pocket, the new jeans will allow wearers to play, pause, track forward or back and adjust the volume on their iPods without having to take them out of their pockets.” There is also a built-in pocket designed to “conceal the bulge of the iPod.”

Read more on Shake Your Groove Thing…

Continuing the discussion of energy usage from yesterday, check out this review in the New York Sun of Children of the Sun (W.W. Norton), by Alfred Crosby, emeritus professor of history, geography, and American studies at the University of Texas.

Read more on ‘A Superb Butler’…

Check out this review of James Howard Kunstler’s new book, The Long Emergency: Surviving the Converging Catastrophes of the Twenty-First Century (Atlantic), which describes it as a “litany around the increasingly fashionable panic over oil depletion.” This paucity of oil will in large part contribute to a future in which “the best-case scenario is a mass die-off followed by a forced move back to the land, complete with associated feudal relations. As the title implies, this is to be an ongoing state rather than a crisis to be overcome – a sentiment that the US critic Susan Sontag described as ‘apocalypse from now on’.”

Read more on Apocalypse Now (and Forever)…