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TAG Heuer concept watch beats 3.6 million times per hour, $89,000 price tag gives heart palpitations
TAG Heuer's high-end concept chronograph is so precise, blink and you'll miss it -- literally. The Mikrotimer Flying 1000's watch movement runs at 500Hz. Compare that to other high-end chronos plodding along at 5Hz, and you start to see the sort of power and precision Team TAG are working with -- this mesmerizing piece of wrist jewelry is capable of banging out 3.6 million beats per hour. Initially planned as a one-off, the concept watch will now go on sale for a lucky few timepiece obsessives. Be prepared to reach for your severely over-burdened money clip, though; the price is set at €65,000 ($88,580), with a limited run of ten arriving before the end of the year. Gawp in awe at the brief video after the break. You may have to sell the Batmobile.
Obama announces plan to free up 500MHz of spectrum, invest in 4G for rural areas, and build out nationwide public safety network
We knew the White House was on board with the FCC's desire to free up an additional 500MHz worth of spectrum over the next decade from private and federal holders, as announced last year, and now Obama has announced the plan to do it. The plan is to incentivize the current spectrum squatters with a share of the revenue gained from auctioning off the spectrum -- mostly for mobile broadband use -- which only seems fair, and for now it seems those auctions will be voluntary. But that's just the tip of the iceberg: the plan also includes a $5 billion investment in constructing 4G networks in rural areas (with a goal to reach at least 98 percent of Americans with the service), a $3 billion fund for 4G R&D to help the rollout, and $10.7 billion for a wireless public safety network. The beauty of this plan is that all these proposed costs are offset by the spectrum auction, which is estimated to raise $27.8 billion, of which $9.6 billion will be dedicated to deficit reduction. Oh, and the best news? The government has already found 115MHz worth of Federal spectrum that it can free up by using its other spectrum more efficiently, and has another 95MHz worth in its sights. Hit up the source link to see President Obama's speech on the subject, which has just begun, or check it out embedded after the break.
