Simone Foxman:

Wells Fargo analysts say that the interest rates Americans pay if they lease a car for 48 months are the cheapest they’ve been for 40 years, at around 4.25%. Interest rates on auto loans have continued to fall despite expectations this year that the US Federal Reserve would cut back its monetary stimulus program.

But the number of cars on the road has remained stagnant for the last six years or more. The housing market is on its way back, so why not car leasing?

Jay Bryson, global economist at Wells Fargo, points to two recent trends:

Via Paul Brody

Ron Amadeo:

As we’ve seen with the struggles of Windows Phone and Blackberry 10, app selection is everything in the mobile market, and Android’s massive install base means it has a ton of apps. If a company forks Android, the OS will already be compatible with millions of apps; a company just needs to build its own app store and get everything uploaded. In theory, you’d have a non-Google OS with a ton of apps, virtually overnight. If a company other than Google can come up with a way to make Android better than it is now, it would be able to build a serious competitor and possibly threaten Google’s smartphone dominance. This is the biggest danger to Google’s current position: a successful, alternative Android distribution.

And a few companies are taking a swing at separating Google from Android. The most successful, high-profile alternative version of Android is Amazon’s Kindle Fire. Amazon takes AOSP, skips all the usual Google add-ons, and provides its own app store, content stores, browser, cloud storage, and e-mail. The entire country of China skips the Google part of Android, too. Most Google services are banned, so the only option there is an alternate version. In both of these cases, Google’s Android code is used, and it gets nothing for it.

Joel Kotkin:

Perhaps no urban legend has played as long and loudly as the notion that “empty nesters” are abandoning their dull lives in the suburbs for the excitement of inner city living. This meme has been most recently celebrated in the Washington Post and the Wall Street Journal.

Both stories, citing research by the real estate brokerage Redfin, maintained that over the last decade a net 1 million boomers (born born between 1945 and 1964) have moved into the city core from the surrounding area. “Aging boomers,” the Post gushed, now “opt for the city life.” It’s enough to warm the cockles of a downtown real-estate speculator’s heart, and perhaps nudge some subsidies from city officials anxious to secure their downtown dreams.

Ian Bogost:

Last week, another distasteful use of your personal information by Google came to light: The company plans to attach your name and likeness to advertisements delivered across its products without your permission.

As happens every time the search giant does something unseemly, Google’s plan to turn its users into unwitting endorsers has inspired a new round of jabs at Google’s famous slogan “Don’t be evil.” While Google has deemphasized the motto over time, it remains prominent in the company’s corporate code of conduct, and, as a cornerstone of its 2004 Founder’s IPO Letter, the motto has become an inescapable component of the company’s legacy.

Famous though the slogan might be, its meaning has never been clear. In the 2004 IPO letter, founders Larry Page and Sergey Brin clarify that Google will be “a company that does good things for the world even if we forgo some short term gains.” But what counts as “good things,” and who constitutes “the world?” The slogan’s significance has likely changed over time, but today it seems clear that we’re misunderstanding what “evil” means to the company. For today’s Google, evil isn’t tied to malevolence or moral corruption, the customary senses of the term. Rather, it’s better to understand Google’s sense of evil as the disruption of its brand of (computational) progress.

Brad Plumer:

Back in the 1980s, the U.S. auto industry went through a major upheaval. Foreign automakers started opening up more and more plants in the South, taking advantage of the region’s weaker unions and lower labor costs. That, in turn, undercut the historically dominant position of Detroit and the Midwest.

Now, half a century later, the U.S. auto industry is going through yet another major churn. And this time around, Mexico is the driving force.

That’s one upshot of a new report on the auto industry from the Brookings Institution. The report is ostensibly a case study focused on Tennessee’s automotive sector, but it also offers a glimpse of the way the entire North American auto industry has shifted over the last 20 years.

The big story here is Mexico, which has massively expanded its share of North American auto manufacturing since the North American Free Trade Agreement (NAFTA) in 1994. Automakers from GM to Nissan have been opening plants south of the border, attracted by Mexico’s low wages and dense industrial clusters:

The iPhone 5s does an admirable job capturing outdoor sports images.

Let’s up the ante and go indoors where light is precious and parent photographer walk around space is rather limited.

Once again, the excellent Canon zoom with the occasional extender pleases the eye with images such as this cross court capture:

Tap to view a larger version.

I augmented the iPhone 5s camera’s standard focal length with the slick iPro 2 telephoto lens (note the FAQ on iPro 2 and the iPhone 5s and 5c).

The images below were captured using the built-in camera app. I pinched to digitally zoom, tapped on a tennis player to focus and used the 5s’s 10 frames per second “burst mode” to capture* a series of images, some of which were interesting:

What about video?

I captured a brief “slow mo” video scene, again with the iPro 2x telephoto lens (exporting slow mo video is presently non trivial):

iPhone 5s: Tennis slo mo from Jim Zellmer on Vimeo.

The results were better than expected and superior to some of the nearby point & shoot and entry level cameras.

Apple’s powerful “system on a chip” expertise, user experience ethos, app ecosystem and developer community has created a photo tsunami, one that is engulfing the traditional players. The Canon & Nikons of the world are operating at a much, much slower pace (OODA).

Shooting with my Canon dslr today, I thought back to the 2007 iPhone introduction when it was immediately obvious that button heavy phones were toast. The iPhone’s computer heritage and touchscreen meant that developers were no longer lashed to the phone first hardware. The phone became an app and the rest is history.

Apple and third party developers, including lens makers, will certainly continue to push the iPhone photography frontier.

* I find the lack of significant camera app shutter lag to be rather impressive, particularly when shooting action scenes.

The Economist:

A bigger job will be to ready Apple for the coming fusion of fashion and technology. The most talked-about new devices are wearable. Google’s Glass smuggles a smartphone into a pair of spectacles. Samsung’s Galaxy Gear squeezes some smartphone functions into a wristwatch. Apple is also keen to surf the wearable wave. An iWatch, which Apple may launch next year, would pull it towards Ms Ahrendts’s home turf, since it would compete with fashionable timepieces like Burberry’s.

Apple has long been something of a fashion house. Its product launches are choreographed like catwalk shows. But its glamour has faded since the death of Steve Jobs, its founder, in 2011. His successor, Tim Cook, is striving to regain it. He recently hired Paul Deneve, the boss of Yves Saint Laurent, a French fashion house. Sir Jony Ive, Apple’s design guru, now oversees the look of software as well as hardware. Ms Ahrendts brings another eye for beauty, and a knack for seducing consumers.

RM Auctions.

Tim Rogers:

As a kid in San Francisco, Ladar had used a bulletin-board system called Nerdshack. In fact, his first email address was a Nerdshack account. The service folded, and a lawyer bought the URL. Ladar knew this fact because, feeling nostalgic about his childhood email address, he would check every six months or so to see who owned Nerdshack.com. In the summer of 2002, the URL became available, and he snapped it up. He sat on it for almost two years before he figured out how to use it. Here was his thinking:

If you wanted to attract an audience and then charge advertisers to reach that audience, you could either spend a lot of money to create content for the audience, or, far more cheaply, you could build a platform and let the audience generate its own content. That’s email. Seeing it as a medium around which to wrap ads might not sound groundbreaking today, but at the time, no one had heard of “user-generated content.” Wikipedia was in its infancy. Gmail didn’t exist until the same year Nerdshack did.

Ladar launched his free email service in April 2004. There were no ads initially, and revenue was nonexistent. Really, it was an expensive hobby. Rodenberg was working at the time for a startup based in downtown Dallas. He let his buddy Ladar use the company’s T1 internet connection for Nerdshack, but it quickly sucked up so much bandwidth that it had to be moved to a separate data center and pay its own way.

Ladar thinks there might be 1,000 people on the planet who share his combination of skill sets. (This assessment does not take into account his proficiency in volleyball or wilderness survival.) There is writing software for an email service, and then there’s running the hardware and the databases that make the service hum. Without venture capital or employees, Ladar did it all himself. And then, a year and a half after he started Nerdshack, he revamped the entire operation.

In 2006, he rolled out a major reconfiguration of his email service (adding IMAP to his POP service, if you must know). And as long as he was doing that, he figured, he should come up with a snappier name, something with less “nerd” in it. Too, he’d been reading about the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001. Better known by its abbreviated acronym, the Patriot Act had become law in a legislative paroxysm triggered by the 9/11 attacks, greatly expanding the government’s surveillance operations on several fronts. In high school, Ladar had debated the legality of random locker searches as a member of the Junior State of America. He now saw parallels between that situation and this one, where the liberties of the many innocent would be curtailed in pursuit of the guilty few. He also saw a business opportunity. Thus was born Nerdshack’s offspring, Lavabit, an email service for the privacy-minded.