07 Jun 09
He continued: “The incredibly inaccurate efficient market theory was believed in totality by many of our financial leaders, and believed in part by almost all. It left our economic and government establishment sitting by confidently, even as a lethally dangerous combination of asset bubbles, lax controls, pernicious incentives and wickedly complicated instruments led to our current plight. ‘Surely, none of this could be happening in a rational, efficient world,’ they seemed to be thinking. And the absolutely worst part of this belief set was that it led to a chronic underestimation of the dangers of asset bubbles breaking.— Talking Business - Poking Holes in a Theory on Markets - NYTimes.com
22 Apr 09
Mac vs. PC: What You Don’t Get for $699— Mac vs. PC: What You Don’t Get for $699 - BusinessWeek
16 Apr 09
Twitter’s growth chart continues to look incredible. The messaging/microblogging service attracted 9.3 million U.S. unique visitors to its site in March, up 131% over February, according to comScore. That’s more than 5 million new visitors than the site had in February.— Twitter On Fire! Traffic More Than Doubles In March
12 Apr 09
NYT: Crisis Reshaping Wall St. as Stars Begin to Scatter →
startups on wall street attracting top talent from beleaguered major firms
08 Apr 09
..embracing a new role: digital Samaritan. The Internet may allow bad guys to stalk people or steal their identities. But it also makes it easier to give something back, because of sites and tools that can help people reunite strangers with lost valuables like wallets, cellphones and cameras…— http://mobile.nytimes.com/article;jsessionid=2BB6F1957F30339BD94BC4EFC26DCD76.w5?a=353279&f=24
08 Apr 09
Microsoft has squawked with pride about Windows 7 being lightweight enough to run on netbooks — not surprising, since it’s downright embarrassing that Vista is too tubby to run well on on the best-selling laptops in the market.— Microsoft’s Netbook Conundrum - Bits Blog - NYTimes.com
07 Apr 09
Coca-Cola buys minority stake in Innocent, the UK smoothie maker that boasts of its ethical stance. Coke said “[we’ve] been in business for over 120 years, so there will be things we can learn from them. And in some small ways we may be able to influence their thinking too.— Coke buys stake in ‘ethical’ drinks firm - CNN.com
07 Apr 09
Evolution is always about competition, but for humans, as Darwin speculated, competition among groups has turned us into pretty cooperative, empathetic and altruistic creatures - at least within our families, groups and sometimes nations.— http://mobile.nytimes.com/article?a=353030&f=112&sub=Columnist