R.E.S.-ilience in Value Creation 《竹经：经商经世离不得立根创新》
August 30, 2013 Leave a comment
Innovation: Kite Mosquito Patch
By Olga Kharif August 29, 2013
Innovators: Michelle Brown, Anandasankar Ray
Ages: 41, 39
Brown is chief scientist and Ray co-founder of Riverside (Calif.)-based Olfactor Laboratories.
Form and function: Kite Mosquito Patch, a nontoxic 1.5-inch-square sticker, renders a person invisible to mosquitoes for up to 48 hours.
August 30, 2013 Leave a comment
Michael Kors: How Did I Get Here?
August 29, 2013
The fashion designer on his first trunk show, joining Project Runway, and other high points of his career.
August 30, 2013 Leave a comment
Ways to Fend Off The Wealth-Sapping Costs of a Disability
Lynn Francis was worried when her 81-year-old mother Joann started forgetting things a few years ago. Her fear turned to panic as her mother began inviting strangers into her house and giving away bank account information to just about anyone on the other end of the phone. Joann has become increasingly reclusive, afraid even to leave her house to go to the supermarket lest she forget how to find her way back. Lynn, who lives four hours away in Beaverton, Oregon, now takes turns with her sister buying her mother groceries. “Living alone has really become a safety issue for her,” says the 58-year-old yoga instructor. She’s trying to convince her mother to move into an assisted living facility. Read more of this post
August 30, 2013 Leave a comment
August 29, 2013, 6:16 p.m. ET
Noonan: Work and the American Character
We need political leaders who can speak to the current national unease.
Two small points on an end-of-summer weekend. One is connected to Labor Day and the meaning of work. It grows out of an observation Mike Huckabee made on his Fox show a few weeks ago. He said that we see joblessness as an economic fact, we talk about the financial implications of widespread high unemployment, and that isn’t wrong but it misses the central point. Joblessness is a personal crisis because work is a spiritual event. Read more of this post
August 30, 2013 Leave a comment
Michael Mauboussin, Interview No. 4
by SHANE PARRISH on AUGUST 28, 2013
Michael Mauboussin is the author of numerous books, including More Than You Know: Finding Financial Wisdom in Unconventional Places, Think Twice: Harnessing the Power of Counterintuition, and most recently The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing (a book that found its way to Warren Buffett’s desk.)
While Michael is well known in investment circles for his knowledge of biases and clarity of thinking, a lot of others are missing out on his insight. In his latest book he takes a look at how both skill and luck play a role — they are, on a continuum. For instance, he believes that basketball is 12% luck whereas hockey is 53% luck. Skill still plays a certain role but talent might mean more in certain places. I was fortunate to have an opportunity to interview Michael over email. In this wide-ranging interview we talk about what advice he’d offer his younger self today, the definition of luck, decision journals, and how organizations can improve their decisions and more. Let’s get started. Read more of this post
August 30, 2013 Leave a comment
Did life on Earth start on Mars? A scientist lays out the evidence
By Deborah Netburn
August 29, 2013, 7:09 p.m.
Did life as we know it start on Mars? Are we all Martians? These are the questions some serious scientists are considering. Speaking at an international conference of geochemists, chemist Steven Benner of the Westheimer Institute of Science and Technology argued Thursday that early Mars provided a more hospitable environment for life to spring up than early Earth. “The evidence seems to be building that we are actually Martians; that life started on Mars and came to Earth on a rock,” he said in a statement. Read more of this post
August 30, 2013 Leave a comment
The Brazilian Billionaire Who Controls Your Beer, Your Condiments, and Your Whopper
By Alex Cuadros August 29, 2013
After they sold H.J. Heinz to Warren Buffett and a bunch of Brazilians in June, the ketchup manufacturer’s outgoing board of directors met for dinner at Pittsburgh’s Duquesne Club to congratulate themselves on a job well done. Twenty-three billion dollars had just changed hands. The takeover price, at $72.50 a share, was almost 20 percent higher than the company’s recent all-time high. “We said we’re all going to miss each other, but we felt we had done right by the shareholders,” says Dean O’Hare, who’d sat on the board since 2000. Heinz is an institution in Pittsburgh—the Steelers play at Heinz Field, locals of means like to get married at Heinz Memorial Chapel—and Buffett’s presence allayed fears that the 144-year-old company would be dismantled. “Seeing the name on the letter was very important to us,” O’Hare says.
August 30, 2013 Leave a comment
August 29, 2013 6:36 pm
Hedge funds should invest in smoother handovers
By Gillian Tett
The sector’s stars tend to be mavericks with outsized egospower-sharers
This summer Glenn Dubin, the co-founder of the hedge fund Highbridge Capital Management, has been kicking back – a bit. The reason? Twenty-one years after the 56-year-old created the fund, Mr Dubin recently handed control of his $32bn “baby”, as he calls it, to a former Goldman Sachs banker, Scott Kapnick. But Mr Dubin has not stormed off in a tantrum. He is still working in Highbridge’s Manhattan office to support Mr Kapnick, his handpicked successor.
August 30, 2013 Leave a comment
The Most Surprising Things About America, According To An Indian International Student
GUS LUBIN AUG. 29, 2013, 9:18 PM 10,584 26
Aniruddh Chaturvedi came from Mumbai to Carnegie Mellon University in Pittsburgh, Penn., where he is majoring in computer science. This past summer he interned at a tech company in Silicon Valley. During two years in the U.S., Chaturvedi has been surprised by various aspects of society, as he explained last year in a post on Quora. Chaturvedi offered his latest thoughts on America in an email to Business Insider. Read more of this post
August 30, 2013 Leave a comment
Food companies and innovation: The Greek-yogurt phenomenon in America left big food firms feeling sour. They are trying to get better at innovation
Aug 31st 2013 |From the print edition
A Kurd and his whey-free way to success
FEW business careers have been as spectacular as Hamdi Ulukaya’s. He bought an 85-year-old yogurt factory in upstate New York in 2005 and sold his first pot of Chobani “Greek” yogurt 18 months later. This year he expects to sell more than $1 billion-worth of it. Greek-style yogurt’s share of America’s $6.1 billion market has risen from negligible when Chobani started to nearly half. “No category changed faster,” boasts Mr Ulukaya, the sole owner of the firm that makes Chobani. Read more of this post
August 30, 2013 Leave a comment
The entrepreneurial state: A new book points out the big role governments play in creating innovative businesses
Aug 31st 2013 |From the print edition
APPLE is generally regarded as an embodiment of everything that is best about innovative businesses. It was started in a garage. For years it played a cool David to Microsoft’s lumbering Goliath. Then it disrupted itself, and the entire entertainment industry, by shifting its focus from computers to mobile devices. But there is something missing from this story, argues Mariana Mazzucato of Sussex University in England, in her book, “The Entrepreneurial State”. Steve Jobs was undoubtedly a genius who understood both engineering and design. Apple was undoubtedly a nimble innovator. But Apple’s success would have been impossible without the active role of the state, the unacknowledged enabler of today’s consumer-electronics revolution. Read more of this post
August 30, 2013 Leave a comment
PUBLISHED AUGUST 30, 2013
Now Minzhong says it was misunderstood
It dismisses fraud claims but will respond only later; analysts seek strong response
[SINGAPORE] China Minzhong Food Corp has dismissed claims of fraud against it by a shortseller as a misunderstanding of its business and said that it would issue a response by the end of the week. The company delayed reporting its full-year results from yesterday morning to yesterday evening to address some of the issues raised by shortseller Glaucus Research Group, but those numbers would mean little until Minzhong gives its response, observers said. Read more of this post
August 30, 2013 Leave a comment
Updated: Friday August 30, 2013 MYT 9:11:05 AM
Herbalife Billionaire Brawl Puts Spotlight On N.J. Professor
BOSTON/NEW YORK: In the battle of investors who’ve made opposite bets on the shares of Herbalife <HLF.N>, both sides – including firms led by billionaires Bill Ackman and George Soros – have consulted a New Jersey college professor and studied his research. For decades, William Keep, dean of the School of Business at the College of New Jersey, has pursued a relatively obscure marketing specialty known as multilevel marketing businesses, or MLMs. But as a new go-to adviser for some of Wall Street’s biggest players, Keep has been suddenly thrust into the spotlight. Read more of this post
August 30, 2013 Leave a comment
Chinese researchers identify key protein behind depression
English.news.cn 2013-08-30
WASHINGTON, Aug. 29 (Xinhua) — Chinese researchers said Thursday that they have identified a key protein in the brain responsible for the development of depression, offering a fresh avenue in the search for therapies to treat depression. Previous studies have found that cells in a brain region called lateral habenula (LHB) are hyperactive in depressed individuals, but scientists haven’t known what triggers them. Read more of this post
August 30, 2013 Leave a comment
IVF Fails to Improve Pregnancy Odds After 5 Failed Cycles
IVF is unlikely to be successful for any woman regardless of age after five failed rounds, researchers in Australia found in the first national study of pregnancy rates from in vitro fertilization. The chance of delivering a live baby over the first five cycles reaches 40 percent for women of all ages and about 50 percent for women younger than 35, a study by the University of New South Wales’s National Perinatal Epidemiology and Statistics Unit found. The probability of a live delivery was negligible beyond five cycles, or rounds of drug-treatment used to achieve an IVF pregnancy. Read more of this post
August 30, 2013 Leave a comment
Scientists discover key to normal memory lapses in seniors
Wed, Aug 28 2013
NEW YORK (Reuters) – Scientists have good news for all the older adults who occasionally forget why they walked into a room – and panic that they are getting Alzheimer’s disease.
Not only is age-related memory loss a syndrome in its own right and completely unrelated to that dread disease, but unlike Alzheimer’s it may be reversible or even preventable, researchers led by a Nobel laureate said in a study published on Wednesday. Using human brains that had been donated to science as well as the brains of lab mice, the study for the first time pinpointed the molecular defects that cause cognitive aging. Read more of this post
August 30, 2013 Leave a comment
The hopes and perils of betting on cancer treatments
Aug 31st 2013 | NEW YORK |From the print edition
NEW weapons are emerging in the war on cancer. That is good news not just for patients but also for drug companies. The biggest ones, faced with falling sales as their existing medicines go off-patent, are investing in smaller firms with promising cancer treatments under development, hoping to secure the next blockbuster. On August 25th Amgen, the world’s biggest biotechnology company by sales, said it would pay $10.4 billion for another American firm, Onyx. The target firm’s crown jewel is Kyprolis, a treatment for multiple myeloma, a type of blood cancer. The next day AstraZeneca, a British drugs firm, said it would snap up Amplimmune, an American firm working on ways to trigger the immune system to fight cancer. Read more of this post
August 30, 2013 Leave a comment
PandoMaps: An interactive map of the Netscape Mafia
BY DAVID HOLMES
ON AUGUST 27, 2013
This is the third in a four-part series of startup visualizations built by the students of Jay Rosen’s Studio 20 journalism program at NYU. Read the first post in the series which introduces the tool and maps out Silicon Valley’s “first family,” the Fairchild Mafia, and read the second post in the series, which maps out Larry Ellison and the Oracle Mafia.
Click here to see every startup that sprung out of the Netscape Mafia (startup descriptions pulled from Crunchbase) [Visualization built by Simran Khosla, Jesse Kipp, Nuha Abujaber, and Jonathan Soma] Is your company or a company you know missing? Click here to submit your information and get on the map!
Netscape’s circle of influence
Before Chrome, before Firefox, even before Internet Explorer, there was Mosaic. Read more of this post
August 30, 2013 Leave a comment
With Sinofsky On Board, Box Is Now Capable Of Mounting The First Credible Threat To Office
posted 8 hours ago
Today Box announced that Steven Sinofsky hasjoined its operations as an adviser. The relationship was kicked off via Facebook message, consummated over pho, and gives Box key talent and experience that it needs to grow its enterprise-facing document storage solution. And to build its next set of products. The race to store your files online is not a mere struggle for dominance of low-margin cloud document management. Price pressure via increasing competition from wealthy technology companies is already leading to, in some cases, the elimination of consumer storage costs. For example, Flickr will give you a terabyte of space for your pictures, and Outlook.com has essentially unlimited storage. Read more of this post
August 30, 2013 Leave a comment
Why Amazon Is on a Warehouse Building Spree
By Danielle Kucera August 29, 2013
For a company whose showrooms are all online, Amazon.com (AMZN) spends a staggering amount on bricks and mortar. The e-commerce giant has invested roughly $13.9 billion since 2010 to build 50 new warehouses, more than it had cumulatively spent on storage facilities since its 1994 founding, bringing the total to 89 at the end of 2012. (It’s announced five more in the U.S. this year.) Amazon aims to be able to deliver most items the day they’re ordered, so it can keep rivals such as EBay (EBAY) and Wal-Mart Stores (WMT) from peeling off customers. EBay offers same-day delivery in some cities, and Wal-Mart is moving more sales online. “What Wal-Mart and EBay are working on is, can they be faster than Amazon?” says Wells Fargo (WFC) analyst Matt Nemer. “It might not be the highest-margin sale in the world, but they can potentially get something to you in an hour.” Read more of this post
August 30, 2013 Leave a comment
Vending Machines Get Smart to Accommodate the Cashless
By Olga Kharif August 29, 2013
More than 40 percent of U.S. adults say they can go a week without paying for something with cash, according to a survey conducted by Rasmussen Reports last year, but most of the roughly 5 million vending machines in the U.S. still accept only coins or bills, even as prices rise. Vending industry sales fell 18.3 percent between 2007 and 2011, to 1990s levels, before recovering slightly last year, to $19.3 billion. Read more of this post
August 30, 2013 Leave a comment
AUGUST 29, 2013, 1:32 PM
A Tale of Two Online Business Models
By NICK BILTON
Over the weekend, the tech blogosphere was in a tizzy over a profile of Marissa Mayer, the chief executive of Yahoo. While some readers slurped up the content in the piece, titled “The Truth About Marissa Mayer: An Unauthorized Biography,” others seemed more excited by where it was written and published: Business Insider, routinely the home of kitten videos and endless lists of Top 100 slide shows. For many, finding this piece on Business Insider was like going to a vegetarian restaurant and being served a bloody, rare steak sprinkled with bacon bits. Read more of this post
August 30, 2013 Leave a comment
AUGUST 29, 2013, 2:29 PM
Troubles Ahead for Internet Advertising
When it comes to advertising, the Internet is at war with itself.
Much of the Web relies on advertising income, but anti-ad technology could put a dent in that revenue. A recent report from the Web service PageFair said that on average 22.7 percent of visitors to 220 Web sites were using ad-blocking software, which automatically removes most ads from a Web page. The figures were highest in gaming and technology Web sites, which tend to have a large concentration of savvy users. Read more of this post
August 30, 2013 Leave a comment
August 29, 2013 7:01 pm
Start-ups alter computer storage
By Richard Waters in San Francisco
The prospects of an upheaval in a $15bn segment of the computer storage industry caused by the rise of a new generation of start-ups has started to draw substantial investment to the area, to judge from the latest bout of financing news this week. Pure Storage, a private company based in Silicon Valley, said yesterday that it had raised $150m from a handful of the biggest US fund groups in a prelude to seeking a stock market listing. Read more of this post
August 30, 2013 Leave a comment
Skype turns 10 today. Here’s a look at the past decade of using the internet to make phone calls
By Ritchie King @RitchieSKing August 29, 2013
Today is the 10-year anniversary of the launch of Skype, the voice and video calling service that is now owned by Microsoft and used for about a third of all international calls. For much of that decade, Skype has been synonymous with making calls over the internet: The verb “to skype” even has a spot in the Oxford Dictionaries Online. Internet telephony has changed a lot since the days of external microphones and webcams. Like everything else, it’s become increasingly mobile, and new players have emerged. Here’s a look back at the past decade. (Skype’s ownership could constitute a separate timeline. Purchased by Microsoft in 2011 for $8.5 billion, it began as an independent startup and was once owned by eBay.)
August 30, 2013 Leave a comment
Post-Ballmer, Microsoft Must Focus on Products to Avoid Extinction
By Peter Burrows, Ashlee Vance, and Dina Bass August 29, 2013
Whip out the elegant, light, superthin Asus (2357:TT) Zenbook on an airplane, and you’re sure to attract stares. The PC stands out even more with Microsoft’s (MSFT) Windows 8 software, its touchscreen full of colorful tiles promising a glimpse of the future. But that view starts to get foggy when Windows 8 tries to work with Microsoft Office 2013, lagging or freezing up as it attempts a task as ambitious as saving a document. This divide—between how good Microsoft’s products look and how badly they still behave—partly led to Chief Executive Officer Steve Ballmer’s Aug. 23 announcement that he’ll leave within a year. Read more of this post
August 30, 2013 Leave a comment
Microsoft Is Said to Be in Talks to Invest in Foursquare
Microsoft Corp. (MSFT) is in discussions with Foursquare Labs Inc. about a potential investment in the social-media company, according to people with knowledge of the discussions. The talks are at an advanced stage, said two of the people, who asked not to be identified because the information isn’t public. Foursquare is also meeting with other companies about an investment, and the talks with Microsoft may not lead to a deal, said another person with knowledge of the matter. Read more of this post
August 30, 2013 Leave a comment
Greylock makes $100 million venture bet on marketplaces
1:02pm EDT
SAN FRANCISCO (Reuters) – In a big bet on marketplaces, venture capital firm Greylock Partners is promoting former eBay Motors founder Simon Rothman to partner, and dedicating $100 million to the sector. Marketplaces – companies like auction service eBay, accommodation service Airbnb, and personal-loan service LendingClub – have the potential to create more billion-dollar businesses in the next five years than in the last 20, Rothman said in an interview with Reuters. Read more of this post
August 30, 2013 Leave a comment
Japan’s newest rocket fails to lift off
Tue, Aug 27 2013
By Elaine Lies
TOKYO (Reuters) – Japan’s first new rocket in 12 years failed to lift off on Tuesday, dealing a potential blow to hopes that Japan may be able to take a larger share of the growing, multi-billion dollar satellite launch industry. It was the second setback for the Epsilon rocket this month. An earlier launch was postponed because of a computer glitch. No word was immediately available on the cause of the problem on Tuesday or when the launch might be tried again. Read more of this post
August 30, 2013 Leave a comment
How Mobile Native Ads Are Turning The Digital Ad Industry On Its Head
BUSINESS INSIDER AUG. 29, 2013, 10:58 AM 1,151 1
The advertising industry can’t quite seem to figure out how to advertise effectively to audiences on smartphones and tablets. Many mobile ads are simply banner or search ads bought inadvertently as advertisers aim for broad digital audiences. Native ads are being touted as the new formats that will bring real depth and differentiation to the mobile ad market. But what exactly is a native ad on mobile? Is it just an ad unit that was designed to show on a mobile device? In a new report from BI Intelligence on native ads and native ads on mobile, we interview a half-dozen industry experts, we explain away the confusion surrounding native mobile ads, we categorize the various types of native ads that have gained traction on mobile, and we examine the growing role played by publishers and agencies in nurturing the native-mobile ecosystem and upending the traditional banner ad and the ad networks that deal in them.
咬定青山不放松，立根原在破岩中。 千磨万击还坚劲，任尔东西南北风。
Bamboo Innovator 