The dot-com IPO boom is back, baby! No profits? Check. Planning an IPO? Check. Ridiculous, expensive idea? Check!
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“Only on an Apple product would desktop folders and a unified inbox be considered innovative and exciting.” – “The worst part about iOS 4 is that it makes the iPad’s OS 3.2 feel clunky.” — John Gruber of Daring Fireball . More in our post, “Is the iPhone 4 an iPad killer?” Join the conversation about this story It’s no secret that “multitasking” is one of the great new features of iOS 4. Unfortunately, many people have a misconception about what Apple has implemented. Hopefully this short essay will help you understand the restrictions and the good reasons for having these limits. Continue reading at Furbo.org → Join the conversation about this story The wait is finally over: Google’s “email killer,” Google Wave, is finally out of its invite-only phase . Now anyone can sign up for the collaborative communication product. Google Wave has been widely panned as a flop and a product failure, but this news is a reminder that Google’s real problem is with marketing and communication. Even now, Wave is confined to Google Labs. If it emerges out of labs, it will no doubt still have a “beta” tag slapped on it. In other words, it is in no way a finished product on display for normal users. So it’s somewhat unfair that its already considered a punchline and a failure. But Google just can’t help itself from hyping these projects up and raising expectations. Which leads to howls of derision when Google releases another product only a Google engineer could love . via Gizmodo Join the conversation about this story It seems Russia’s Gazprom never tires of scaring Europeans away from their dependence on Russian gas. Due to a dispute over debt owed Russia as well as the price paid for natural gas, Gazprom has been ordered to cut gas supplies to neighboring Belarus. AFP: “The debt has not been paid,” Miller [The chief of Gazprom] said in televised remarks. “From 10:00 am Moscow time (0600 GMT) on June 21, 2010, we are introducing a regime of limiting supplies of Russian gas to Belarus by 15 percent of the planned daily volume.” Miller said talks were continuing but that the gas cuts would be increased to 85 percent in the coming days if a solution to the conflict is not found. It’s a threat to European gas supplies since a similar incident with the Ukraine substantially reduced European natural gas supplies in 2009. Similar to Ukraine, Belarus is a transit nation for Russian gas into Europe, accounting for 20% of Russian gas exported to Europe. Gazprom’s Miller has said that …
View post: Ray Dalio explained what he usually wears to work at his hedge fund, Bridgewater, to the Wall Street Journal in an interview recently: Chinos Boat Shoes Company Name Tag with the word, “Ray” in big letters The founder of the world’s second largest hedge fund had to explain himself after a massive 83-page heavily footnoted treatise documenting the 295 principles Ray that laid out for Bridgewater employees to live by leaked to Dealbreaker , so he’s done a couple of interviews talking about his fund and its principles. And now Dalio has shared a new and interesting detail about life at Bridgewater: He wears a name tag to work. At the company he founded. Even if there are a lot of employees (~1,000) and everyone has to wear one, if anyone needs to look at a name tag to remember who the bosses are, they should be fired. Especially since Dalio doesn’t hesitate to…
View post: It’s been a turbulent month for stocks but this week was a good one for the bulls as the S&P 500 closed up 2.37% at 1117. Some of this week’s biggest winners include M&T Bank Corp., which had explosive trading later in the week among unconfirmed takeover rumors. Semiconductors also staged a return with AMD and Micron Technology posting solid performance. MEMC Electronic Materials Inc (WFR): $11.76 / +9.96% Image: FreeStockCharts.com Data: Finviz.com / Charts: Freestockcharts.com International Paper Co (IP): $25.74 / +10.86% Image: FreeStockCharts.com An upgrade form Longbow from Neutral to Buy last week and solid printer sales have put International Paper in a strong position for growth. Data: Finviz.com / Charts: Freestockcharts.com Advanced Micro Devices Inc (AMD): $8.83 / +11.24% Image: FreeStockCharts.com Data: Finviz.com / Charts: Freestockcharts.com Sandisk Inc (SNDK): $49.02 / +11.71% Image: FreeStockCharts.com SanDisk will benefit from demand from Apple’s upcoming iPhone 4th gen, as well as overall semiconductor performance. Data: Finviz.com / Charts: Freestockcharts.com Sunoco Inc (SUN): $35.01 / +12.63% Image: FreeStockCharts.com Sunoco is hitting a 52-week high and…
Original post: One time Facebook President Sean Parker , speaking at FastCompany’s Innovation Uncensored conference, took the opportunity to absolutely dump on MySpace. Sean began by pointing out that Friendster let MySpace into the game through its negligent management. There’s nothing controversial there, that’s pretty much conventional wisdom. But then he went on to argue that Facebook never should have had a chance either; MySpace blew a sure thing through systematic, gross incompetence. Fun stuff: Join the conversation about this story Google is bundling all the display advertising inventory it manages – from YouTube to Google Finance to third-party Google AdSense publishers – into one network, called the Google Display Network. Smart re-branding from Google (GOOG). Ad buyers at agencies on Madison Avenue just want to spend their clients money as fast and simply and safely as they can. They know they’ll never |
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