I need a chance to vent about one company that just released earnings: Yahoo! I worked at Yahoo! for a number of years in a former life. It is a great brand and was a great company. But, the place has clearly been run into the ground.
Yahoo! had an offer in February [...]
Technology's tag archives
Yahoo: run into the ground
Oct
eBay to cut 10% of its workforce
Oct
This is not a financial sector post but I find it shocking enough that eBay is cutting 10% of its workforce that I had to post this. Now, this could be as unrelated to the current economic malaise as Yahoo’s problems and rumored future job cuts are.
But, if high growth technology companies are [...]
Random Musing: Technology vs. workers
Aug
When we think about outsourcing, we usually think about Call centers in India or manufacturing jobs in China. Well, what about automatic cashiers?
I went to the local CVS (Shoppers Drug Mart or Boots for Canadian and British readers) this morning to buy some milk because my wife needed some milk with her coffee daily [...]
What’s different about 2008?
May
I am on record for expecting a serious downturn after the Tech Bubble crashed in 2001. We muddled through for a few years, but ultimately most of the damage was done and gone by 2004. The Tech Bubble was a bubble of asset prices that had little influence on the underlying global financial [...]
Avoid consumer stocks
May
As the downturn takes hold in the U.S., the obvious dilemma for investors is knowing which sectors to avoid. Financial stocks are a sector obviously fraught with risk as they have already sustained enormous losses with many more to come as the downturn takes hold. However, on the other hand, Doug Kass, a famous [...]
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