I want to take a break from banking and macro stuff and talk a little bit about technology. I wrote an article about Android a few weeks back. That was a more personal account on why I was switching from a Windows Mobile phone to Android, the latest whiz-bang operating system running mobile phones. (Don’t [...]
Business's archives
Apple: Can it stop the Android menace?
Nov
Why GM is repaying bailout money while it is still loss-making
Nov
There are a lot of threads to tie together in today’s reporting of news in the auto sector.
General Motors has reported a third-quarter loss of $1.15 billion. But all indications are that car sales continue to outpace expectations in the United States. Meanwhile, there are conflicting stories that GM both plans to pay back [...]
Walt Mossberg reviews the Droid
Nov
The Motorola Droid is the so-called iPhone killer. Is it the real deal? Mossberg seems to think so.
See also: Motorola’s Droid Is Smart Success for Verizon Users – Walt Mossberg, WSJ
Buffett: Is Berkshire’s Burlington move all about coal?
Nov
I had a feeling there was an energy component to the Berkshire Hathaway decision to buy Burlington Northern Santa Fe. And now comes the evidence via coal, a major freight on BNSF’s tracks. But, there is a lot more to this acquisition than just hauling coal.
Warren Buffett has been increasing his energy plays in recent [...]
Buffett buys up Burlington Northern and does 50-1 split at Berkshire
Nov
Warren Buffett’s Berkshire Hathaway has been making some very significant moves of late. Selling of Moody’s shares is one. But, the latest is sure to cause a stir amongst Buffett watchers because he is definitely making some “bets” on economic recovery with his purchase of Burlington Northern Santa Fe (BNI). It is unclear as yet [...]
Divorcing and re-marrying to collect a pension
Oct
In my recent post on greed, I wrote about how for the last generation corporations have been trying to get out of as many of their expensive obligations to workers as they can reasonably get away with. The list of obligations includes but is not limited to pensions, health care and job security.
One can [...]
Android gaining momentum on Apple’s iPhone
Oct
I recently switched from a Windows Mobile telephone to an Android-based mobile phone. When I was making the switch, I had to decide whether I was going with the iPhone, which my wife uses. or to run with Blackberry or Android, a Google-centric operating system (Symbian, which runs Nokia phones, and the Palm-based OS look [...]
Pete Cashmore of Mashable on Bloomberg News
Oct
Pete Cashmore launched a blog called Mashable from his home in Scotland in 2005. You may have seen the articles from the site in the links from time to time. Well, this happens to be the number 1 social media-focused blog on the Internet, usurping prior leader TechCrunch’s position. Cashmore’s site gets 10 million page [...]
Toyota to cut global capacity by up to 10%
Aug
Toyota, now the world’s largest automaker, has said it would halt production at a plant in Aichi prefecture in Japan, reducing total output by a massive 220,000 cars. This should be seen as a recognition of the over-capacity tat exists in the auto sector despite other recent upbeat news.
Toyota raised its parent-only production target for [...]
Folks trade down and shift to house parties to get a buzz
Jul
Alcohol used to seen as a recession-proof good. This downturn is changing that thinking as evidence of cutbacks in spending, consumption, and on-premise drinking abound. Back in the Spring of 2008, Nielsen conducted a bunch of surveys to see how the economy was affecting the consumption of wine and spirits. The answer then was it [...]
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