Afternoon Coffee: Commodity Investment, iPad Mini, UK “Health Tourist” Woes, Oracle OpenWorld

Commodities Engine Stalls

Apple: Report Suppliers Start Production On Mini iPad -- Apple's component suppliers have begun production of the much discussed mini iPad, Dow Jones Newswires reports, citing "people with knowledge of the situation." The story says that sources say the new tablet will have a 7.85-inch LCD display with a lower resolution that the current 9.7-inch iPad. The displays for the new iPad reportedly will be made by LG Display and AU Optronics.

A system flaw?
Overseas 'health tourists' costing NHS at least £40m -- The NHS has lost at least £40m in four years by failing to identify so-called "health tourists" accessing hospital care, a BBC investigation has found. Health Minister Anna Soubry admitted the system for identifying people who are not entitled to free care is complex and at times "flawed". Hospitals in England and Wales are obliged to ensure NHS patients have lived in the UK for the past 12 months. But 45 out of 133 hospital trusts which gave details said they do not check.

You guys: Oracle gets The Cloud.
Oracle Transformed - It's Now All about the Cloud -- Not only is the company transforming nearly everything it sells to the cloud (from Exadata servers to applications to Oracle database on-demand), Larry Ellison now clearly and eloquently describes the cloud and its business as a "utility." Just as we expect the phone and electric company to invest in capital and then charge us for per-usage services, so Oracle defines itself the same way.
Oracle invests in hardware, database, middleware, and applications – and businesses simply rent it.

- Sheena Moore

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