So who’s really behind the anti-BP hysteria in the US?

The answer, as hinted in this NYTimes piece, is Exxon, which sees a once-in-a-lifetime chance to exterminate a commercial rival.

The idea that BP might one day file for bankruptcy, particularly as part of a merger that would enable it to cordon off its liabilities from the spill, is starting to percolate on Wall Street. Bankers and lawyers are already sizing up potential deals (and counting their potential fees).

Given the plunge in BP’s share price — the company has lost more than a third of its value since Deepwater Horizon blew — some bankers and analysts say BP is starting to look like takeover bait. The question is, who would buy BP, given its enormous potential liabilities?

Shell and Exxon Mobil are both said to be licking their chops. And already, flinty legal minds are dreaming up scenarios in which BP would file a prepackaged bankruptcy and separate the costs of the cleanup — and potentially billions of dollars in legal claims — into a separate corporate entity.

The Wired parenting problem

Interesting (and sobering) piece by Julie Scelfo in today’s NYT.

Much of the concern about cellphones and instant messaging and Twitter has been focused on how children who incessantly use the technology are affected by it. But parents’ use of such technology — and its effect on their offspring — is now becoming an equal source of concern to some child-development researchers.

Sherry Turkle, director of the Massachusetts Institute of Technology Initiative on Technology and Self, has been studying how parental use of technology affects children and young adults. After five years and 300 interviews, she has found that feelings of hurt, jealousy and competition are widespread. Her findings will be published in “Alone Together” early next year by Basic Books.

In her studies, Dr. Turkle said, “Over and over, kids raised the same three examples of feeling hurt and not wanting to show it when their mom or dad would be on their devices instead of paying attention to them: at meals, during pickup after either school or an extracurricular activity, and during sports events.”

Dr. Turkle said that she recognizes the pressure adults feel to make themselves constantly available for work, but added that she believes there is a greater force compelling them to keep checking the screen.

“There’s something that’s so engrossing about the kind of interactions people do with screens that they wall out the world,” she said. “I’ve talked to children who try to get their parents to stop texting while driving and they get resistance, ‘Oh, just one, just one more quick one, honey.’ It’s like ‘one more drink.’ ”

The iPad? Well, it’s not exactly the Apple of my eye

This morning’s Observer column.

The essence of the iPad is that it's a good device for passive ‘consumption’ of preprepared multimedia content. That’s why the old media dinosaurs are salivating about it: it seems to offer them a way of regaining control of the customer – and of ensuring that s/he pays for content. And one can understand why they are so charmingly deluded about this: all apps have to come through the iTunes store and can be charged for. No wonder Murdoch & co love the device. They think it’ll rescue them from the wild west web, where people believe that content should be free. Yeah, and pigs will also fly in close formation.

It’s when one tries to use the iPad for generating content that its deficiencies become obvious. The biggest flaw is the absence of multitasking, so you have to close one app to open another, which is a bit like going back to the world of MS-DOS…

See also my diary of a week with the device.

In memoriam

On a seat on a coastal path. According to this source, he was an artist specialising in bird-life. It’s a nice way to be remembered: the seat overlooks a mere where there were lots of diving (and squabbling) ducks this morning.

A pine start in life

Until this morning, wandering through a beautiful little pine-wood, I had no idea what pine cones looked like in their formative phase.

And then I came on this.

When we disturbed the branch, a dense cloud of very fine pollen wafted into the air.

Flickr version here.