What Should I Do Next with My Life? New Ways to Define Success

What Should I Do Next with My Life? New Ways to Define Success

Sep 24, 2013 

Wharton professor G. Richard Shell‘s new book, Springboard: Launching Your Personal Search for Success, encourages readers to embrace major transitions in life, from college to a first job, from one career to the next or from work to retirement. Based on a popular course Shell teaches at Wharton, the book departs from the conventional “how to succeed” formula by challenging readers to define success for themselves.

An edited version of the transcript appears below.

Knowledge@Wharton: You are well known for your work in negotiation and persuasion, so why write a book about success?

Shell: It’s been a long journey. The materials on success actually preceded the materials on negotiation and persuasion. I’ve been interested in success since I was in my 20s, and it also feeds into a passion I have in my teaching to help students and executives bring more self awareness to their career choices, whatever they are. The subject of success allows me to do that directly. Read more of this post

How to keep your indie soul; it can be a challenge for small, independent brands to maintain their spirit as they expand

September 25, 2013 4:25 pm

How to keep your indie soul

By Ian Sanders

Independent mindset: Dorian Waite of restaurant Honest Burgers

It is Monday lunchtime in London’s Soho and there is a line of people waiting outside Honest Burgers on Meard Street. There is plenty of choice for a lunchtime burger in Soho but Honest, a three-restaurant business that launched in Brixton market in 2010, is popular. The business seeks to differentiate itself through an independent spirit; having worked for chain restaurants in the past, co-founder Dorian Waite says he is striving for a different approach. “A lot of big businesses seem happy to deceive their customers,” he says. “Everything’s built around making money, not giving people what they want. We felt there was an opportunity to turn that on its head.” Read more of this post

Ben Graham: The Einstein of Money

Ben Graham: The Einstein of Money

by ValueWalk StaffSeptember 24, 2013

Book-Review-Einstein-of-Money

In 1934, Benjamin Graham revolutionized the investment world with the publication of his book Security Analysis. “The Value Bible,” as modern investors affectionately call it, contained Graham’s accumulated wisdom from years of evaluating and expertly buying/selling stocks in an unprecedented, but radically successful, manner. In fact, Graham defied all contemporary investing strategies in such a way that Warren Buffet, cited as the third richest man in the world, would credit Graham as the predominant influence on his investment strategy in an article published over 70 years after Security Analysis. Read more of this post

A massive statue of Buddha believed to be over 1,000 years old was shown to the media for the first time at the Haeinsa Temple in Hapcheon, South Gyeongsang Province

2013-09-25 19:48

1,000-year-old Buddha open to public

Baek Byung-yeul

130925_p01_buddha

Tourists take photos of the “Maebul” or the rock-carved standing Buddha at the Haeinsa Temple in Hapcheon, South Gyeongsang Province, Wednesday. The temple unveiled the ninth-century statue prior to the opening of the 2013 Tripitaka Koreana Festival, which kicks off today for 46 days.
/ Korea Times photo by Shim Hyun-chul

HAPCHEON, South Gyeongsang Province — A massive statue of Buddha believed to be over 1,000 years old was shown to the media for the first time Wednesday at the Haeinsa Temple in Hapcheon, South Gyeongsang Province. The temple, which also keeps the “Tripitaka Koreana,” a 13th-century collection of Buddhist texts recorded on 80,000 woodblocks, and listed as a UNESCO Cultural Heritage, will unveil the statute to the public from Thursday to Nov. 10 to promote its annual “Tripitaka Koreana Festival.”
The sculpture, carved on a spread of rock located deep behind the temple complex, has been accessed only by monks since its creation in the 9th century, perhaps around the time when Haeinsa was built during the Silla Kingdom (57 B.C.-935 A.D.). It’s one of the country’s largest “maebul,” or rocked-carved standing Buddha statues, measuring 7.5-meters in height and 3.1 meters in width, and is a designated national treasure. “The Cultural Heritage Administration has been strictly limiting pedestrian access to the 2.7-kilometer trail (on the slopes of Mt. Gaya) that connects the statue with the temple. Permission for public access is temporary and only between 10:30 a.m. to 4 p.m.,” said an official from the temple. “The trail has been protected as a revered place for monks who regularly visit the statue for prayer, so we would like to request visitors to be extra considerate. There will be security guards placed around the statue and Haenisa monks will serve as guides.” The Tripitaka Koreana Festival, which was inaugurated in 2011, offers a variety of cultural events that organizers say can be enjoyed by all people. Tickets cost 4,000 won for children, 6,000 won for middle and high school students and 8,000 won for adults. It will open from 10 a.m. to 7 p.m. For more information, call (055) 211-6251 or visit its official English webpage at www.tripitaka-festival.com/english.do.

Jesus was the world’s first tweeter: Vatican

Jesus was the world’s first tweeter: Vatican

Wednesday, September 25, 2013 – 22:26

AFP

ROME – Jesus Christ was the world’s first tweeter because his pronouncements were “brief and full of meaning”, Vatican cardinal Gianfranco Ravasi said Wednesday. Christ “used tweets before everyone else, with elementary phrases made up of fewer than 45 characters like ‘Love one another'”, said Ravasi, the Vatican’s equivalent of a culture minister. “A bit like in television today, he delivered a message through a story or a symbol,” Ravasi said at a conference with Italy’s leading newspaper editors. The cardinal emphasised the importance of clergy making full use of modern-day computer technology. “If a cleric, a pastor is not interested in communication, they are defying their duty,” he said. The Vatican has stepped up its presence on the Internet in recent years, initially under Benedict XVI and now under Pope Francis, who has more than three million followers on Twitter in English alone. Francis has also resorted to more traditional media, cold-calling ordinary faithful who have written to him and writing lengthy letters on religious issues that have appeared in the Italian press.

The Benefits of Negative Feedback

The Benefits of Negative Feedback

by John Butman  |   9:00 AM September 16, 2013

I recently gave a lunchtime “author’s talk” at Children’s Hospital in Boston and, although I thought the talk went well, somebody in the audience didn’t like it at all. On the evaluation form, the person in question wrote a single word in the comment box: CONFUSING. Thank you, whoever you are. While everybody else gave me good marks and said nice things, which I appreciated, my critic forced me into self-examination. Was he the only one forthright enough to speak up, or was he the only one not paying enough attention to get it? What was confusing? The ideas? The presentation? Read more of this post

How The Founders Of Warby Parker Disrupted The Eyewear Industry By Going Against Their Original Idea

How The Founders Of Warby Parker Disrupted The Eyewear Industry By Going Against Their Original Idea

KAMELIA ANGELOVA AND ROBERT LIBETTI SEP. 25, 2013, 3:47 PM 2,248 1

This is the eighth post of the “Inspired to Strive” series, in which business leaders share their stories of success. “Inspired to Strive” is sponsored by CIT. See more posts in the series »

When Neil Blumenthal and his friends started Warby Parker, they wanted to disrupt the optical industry. But they never expected to do it so quickly. In three years, Warby Parker has built a recognizable brand with over 300 employees managing a successful online business and retail stores and showrooms in New York, Boston, Los Angeles, and San Francisco. Despite the fast-changing company dynamics, the four co-founders – Andrew Hunt, Jeffrey Raider, David Gilboa and Blumenthal – came up with ways to keep each other in check, and to make sure they made collective decisions about the direction of the company. We interviewed Blumenthal about the strategies his team used to get exposure and expand the company, and how betting against their original idea about an online-only business has paid off tremendously.

13 Everyday Phrases That Actually Came From Shakespeare

13 Everyday Phrases That Actually Came From Shakespeare

CHRISTINA STERBENZ SEP. 25, 2013, 11:20 AM 16,428 8

Just the mention of William Shakespeare makes some people cringe. Even I’ll admit his writing seems daunting at times. Whether a fan or not though, you probably use many of Shakespeare’s phrases on a regular basis. Here’s a list of 13 popular, albeit strange, sayings The Bard coined. In fact, we say or write some of these so often, they’ve become clichés.

1. “Green-eyed monster”

Meaning: jealousy.

In “Othello,” Iago describes jealousy as a monster which devours its source.

“Oh, beware, my lord, of jealousy!
It is the green-eyed monster which doth mock
The meat it feeds on” (Act 3, Scene 3).

In this case, Iago uses romance as an example. He thinks a man would rather know his wife is cheating than suspect her without proof. Read more of this post

Why Ferrari Chief Has Mellowed; Montezemolo’s Passion Is Still There, but He Takes a Philosophical Approach

September 25, 2013, 4:55 p.m. ET

Why Ferrari Chief Has Mellowed

Montezemolo’s Passion Is Still There, but He Takes a Philosophical Approach

JOSHUA ROBINSON

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Ferrari chairman Luca di Montezemolo in the team’s pit during the third practice session of the Italian Grand Prix at the Monza circuit on Sept. 7.

MARANELLO, Italy—For the past 22 years, a third of the company’s history, Ferrari SpA has been in the hands of chairman Luca Cordero di Montezemolo. A successful, outspoken businessman who is often mentioned in discussions of high-level Italian politics—but hasn’t held public office—he is about as close as you can get to Italian royalty these days. But Formula One is still in his blood. Montezemolo, after all, was appointed Ferrari’s sporting director in 1974 by Enzo Ferrari himself. And, during his tenure, the team won two world titles. Now, from his office overlooking a constant parade of supercars, he isn’t quite as obsessed as he was. There was a time, he said, where he could only think, “If Ferrari comes second, it’s a disaster. It’s a disaster! We are obliged to win.” Read more of this post

Kansetsu Hashimoto’s Chinese rebellion: From the end of the Edo Period (1603-1867), Japanese art began to shift its fundamental cultural orientation from China to Europe

Kansetsu Hashimoto’s Chinese rebellion

BY MATTHEW LARKING

SEP 25, 2013

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A detail of Kansetsu Hashimoto’s ‘Southern Country’ (1914) | HIMEJI CITY MUSEUM OF ART

From the end of the Edo Period (1603-1867), Japanese art began to shift its fundamental cultural orientation from China to Europe. Kansetsu Hashimoto, however, (1883-1945) initially abjured, and this had much to do with his upbringing Read more of this post

Fuss Trounces Bond Rivals by Thinking Like a Stock Picker

Fuss Trounces Bond Rivals by Thinking Like a Stock Picker

Loomis Sayles & Co.’s Dan Fuss left rival bond-fund managers including Bill Gross behind in his eighth decade, by using a style generally associated with bargain-hunting stockpickers. Fuss, who turns 80 tomorrow, managed the two best large U.S. bond funds over the past 10 years. His $15.1 billion Natixis Loomis Sayles Strategic Income Fund and the $21.7 billion Loomis Sayles Bond Fund both returned more than 125 percent over the period, ranking first and second among 65 bond funds with more than $5 billion in assets that have been in existence for at least 10 years, according to data compiled by Bloomberg. The flagship Loomis Sayles Bond Fund, started in 1991, was also the top fixed-income fund over the past 20 years. Read more of this post

Amid Probe, Chinese Moguls Vanish; Prominent Executives are Being Detained, Associates Say, in Sign of New Round of Political Infighting

Updated September 25, 2013, 8:41 p.m. ET

Amid Probe, Chinese Moguls Vanish

Prominent Executives are Being Detained, Associates Say, in Sign of New Round of Political Infighting

JAMES T. AREDDY

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Li Chuncheng, ousted Sichuan deputy party chief, had ties to many of the business tycoons; At nearly three times the size of the Pentagon, the New Century Global Center in Chengdu, China, has claimed the title of world’s largest building. WSJ’s Deborah Kan and James T. Areddy discuss what makes the center more than just a building as well as the mysterious disappearance of its owner.

CHENGDU, China—When the government of this southwestern city needed a landmark for a new district, billionaire developer Deng Hong picked up the land cheap five years ago and erected a building almost three times the size of the Pentagon. Nearby, Wu Bing paved a motorway, while Liu Han put up schools. He Yan wired a jail with information technology and Wang Junlin’s winery funded government charities. Now, over the past several months, all of those tycoons have disappeared from view. Their absences come amid an alleged corruption scandal that may broadside the economic vitality of this gateway to China’s rugged west and indicate a fresh front in Chinese political infighting. Read more of this post

China Running Out of Room to Restructure Economy

China Running Out of Room to Restructure Economy

If we accept the argument that China must, and will, rebalance its economy by reducing its reliance on investment, what happens if it proves politically impossible to cut investment rates sharply? Gross domestic product growth rates would remain very high, but debt levels would also grow unsustainably. At some point, China will reach its debt capacity limits and no longer be able to fund investment. At this point, the country would fall into the self-reinforcing process of chaotic adjustment that characterized the U.S. in the early 1930s or Brazil in the mid-1980s. As investment falls and GDP growth grinds to a halt, rising financial distress causes businesses to fire workers. Unemployment causes consumption growth to drop, and GDP growth falls even further, resulting in more distress. Read more of this post

Shanghai’s Free-Trade Zone Is Destined to Disappoint; The new commercial oasis is an experiment in how little reform Beijing can get away with—not how much

September 25, 2013, 12:51 p.m. ET

Shanghai’s Free-Trade Zone Is Destined to Disappoint

The new commercial oasis is an experiment in how little reform Beijing can get away with—not how much.

JOSEPH STERNBERG

When it comes to the triumph of China hope over China experience, it’s hard to match the current wave of enthusiasm over the impending opening of the Shanghai Free Trade Zone. This project, first announced in August and still shrouded in mystery on the alleged eve of its launch, is supposed to herald a new era in the country’s economic evolution away from export manufacturing and toward service consumption. Authorities may even allow access to banned social-media websites such as Facebook and Twitter in the 29-square-kilometer zone. Read more of this post

Wenzhou woes are warning for all to see; even the loan shark market is stretched, and the nationwide liquidity shortage in June made the situation much worse

Wenzhou woes are warning for all to see
Thursday, September 26, 2013
Data show that among 70 major Chinese cities, 69 saw home prices rise in August year-on-year. In first-tier cities – Beijing, Shanghai, Guangzhou and Shenzhen – prices jumped 18 to 20 percent, and in second-tier cities, 7 to 10 percent. Where did prices fall? Wenzhou, Zhejiang province. Known as the birthplace of China’s private economy, Wenzhou boasts numerous entrepreneurs making electrical equipment, chemicals, medicine, building materials and textiles. With their wealth, some of the businessmen turned to speculation. Data show that home prices in Wenzhou peaked in early 2011, and since then, have plunged 26 percent. The city faces three major woes. Debts have soared at local firms amid the economic slowdown in America and Europe. Secondly, even the loan shark market is stretched, and the nationwide liquidity shortage in June made the situation much worse. Third, the property market bubble burst, and it is China’s only city permitted to float policies to boost home purchases. Even Wang Shi, chairman of the mainland’s largest developer, Vanke, has warned the nation’s property bubble is similar to that of Japan in the 1980s. Will anybody listen to him? Dr Check and/or The Standard bear no responsibility for any decision made based on this column.

Air Products has a reputation for top-down bureaucracy with long, meandering office meetings. Praxair, by contrast, has wasted little opportunity to mention the independence it gives regional business leaders to make sales decisions

Analysis: Air Products feels the heat from Ackman’s Pershing Square

12:53pm EDT

By Ernest Scheyder and Svea Herbst-Bayliss

NEW YORK (Reuters) – In June 2011, Air Products and Chemicals Inc (APD.N: QuoteProfileResearchStock Buzz) Chief Executive John McGlade unveiled an ambitious plan to achieve $15 billion in annual sales by 2015, with a 20 percent operating margin. Dubbed the “15 by 2015” initiative, the program was designed to boost lagging returns at the industrial gas giant, helping it better compete with its three main global rivals: Praxair Inc (PX.N: QuoteProfileResearch,Stock Buzz), Linde AG (LING.DE: QuoteProfileResearchStock Buzz) and Air Liquide SA (AIRP.PA: Quote,ProfileResearchStock Buzz). “I can assure you as an organization we are absolutely committed to delivering on these goals,” McGlade, CEO since 2007, told analysts and investors in the packed room. More than two years later, annual sales at Air Products have yet to breach $10 billion and the company’s operating margin hovers near 15 percent, much lower than its competitors. Read more of this post

Medical-Device Makers See EU Rules Slowing U.S. Approvals

Medical-Device Makers See EU Rules Slowing U.S. Approvals

U.S. medical-device manufacturers are looking anxiously across the Atlantic as the European Union prepares to tighten the process to approve new products, a step companies say will crimp their lifeline to funding and patients. The EU’s overhaul is meant to close loopholes that allowed breast implants made with industrial-grade silicone to be implanted in thousands of women. Yet device makers say the new rules will delay approvals without increasing safety. The European Parliament is scheduled to vote on new regulations over the next couple of weeks. The draft, once approved, will be the basis for negotiating with member states on final rules. Read more of this post

A new system called Sedasys, made by Johnson & Johnson, would automate the sedation of many patients undergoing colonoscopies. That could eliminate a big source of income for anesthesiologists

September 25, 2013, 7:12 p.m. ET

Robots vs. Anesthesiologists

J&J’s New Sedation Machine Promises Cheaper Colonoscopies; Doctors Fight Back

JONATHAN D. ROCKOFF

Anesthesiologists, who are among the highest-paid physicians, have long fought people in health care who target their specialty to curb costs. Now the doctors are confronting a different kind of foe: machines. A new system called Sedasys, made byJohnson & JohnsonJNJ -1.29% would automate the sedation of many patients undergoing colon-cancer screenings called colonoscopies. That could take anesthesiologists out of the room, eliminating a big source of income for the doctors. More than $1 billion is spent each year sedating patients undergoing otherwise painful colonoscopies, according to a RAND Corp. study that J&J sponsored. Read more of this post

Tibetan caterpillar fungus fortune nearing exhaustion

Tibetan caterpillar fungus fortune nearing exhaustion

Xinhua

2013-09-26

The caterpillar fungus, a cash cow for Tibetans, may die out in China in two decades, as a result of overexploitation on the Qinghai-Tibet Plateau, experts have warned. When the harvest season ended this summer, many unlucky diggers found their fungus incomes were not even enough to cover their costs — mainly a fee that varies from 5,000-50,000 yuan (US$820 – US$8,200) levied by local authorities according to the acreage where they were allowed to dig. Read more of this post

Pursuing Graft Cases at Higher Levels, Chinese Leader Risks Unsettling Elites; “Xi Jinping must do something to show that he has command over those interests — that they are not independent kingdoms. Otherwise, no one will follow him”

September 25, 2013

Pursuing Graft Cases at Higher Levels, Chinese Leader Risks Unsettling Elites

By CHRIS BUCKLEY

HONG KONG — Shortly before his retirement late last year, Zhou Yongkang, the longtime chief of China’s domestic security apparatus, visited an office of the state oil company where he had started his ascent in the Communist Party hierarchy. He spoke of his undimmed devotion to the company, China National Petroleum Corporation, and to his fellow oilmen. “Oil is a word that stays in an oilman’s heart for his whole life,” Mr. Zhou said in his valedictory. A year later, senior officials associated with the oil conglomerate, including longtime allies of Mr. Zhou’s, are enmeshed in spreading corruption inquiries, presenting China’s new leader, Xi Jinping, with one of his biggest tests so far: How far and high is he willing to go to clean up China’s political elite? Read more of this post

Fonterra to launch self-branded infant formula in China

Fonterra to launch self-branded infant formula in China

By Ding Yining | September 26, 2013, Thursday |  PRINT EDITION

The world’s largest dairy producer Fonterra will launch its self branded infant formula in China later this year, undeterred by a recent botulism scare, as it taps the huge demand for imported formula in the country. The launch would start around the end of this year, an official with Fonterra China confirmed with Shanghai Daily yesterday, although no other details were provided. Fonterra CEO Theo Spierings said its Anmum brand of infant milk formula will be available in 70 Chinese cities in two to three years, Reuters reported yesterday. Read more of this post

China’s top appliance maker Gree eyes banking business, the second Chinese home appliance player to eye a move into the financial industry after Suning

China’s top appliance maker Gree eyes banking business

1:31am EDT

HONG KONG (Reuters) – A unit of China’s Gree Electric Appliances Inc of Zhuhai (000651.SZ: QuoteProfile,ResearchStock Buzz) plans to set up a private bank, the second Chinese home appliance player to eye a move into the financial industry after Suning Commerce Group Co Ltd (002024.SZ: QuoteProfileResearchStock Buzz) announced its own plans last month. Gree, with a market value of $14 billion, said in a filing to the Shenzhen stock exchange late on Wednesday that Zhuhai Gree Group Finance Co Ltd is in initial talks with Zhuhai Hengqin Village Bank, but said no agreement has been reached. Read more of this post

China’s wealthiest families score $720 billion in undeclared “gray income”

China’s wealthiest families score $720 billion in undeclared “gray income”

By Lily Kuo @lilkuo September 25, 2013

The undeclared “gray” income earned by China’s richest families has reached staggering levels, and is contributing to massive income inequality that is far worse than official statistics, according to research by the state-backed China Society of Economic Reform. CSER researcher Wang Xiaolu, writing in Caixin magazine, said gray income reached 6.2 trillion renminbi (about $1 trillion) in 2011, or about 12% of GDP, based on a survey of 5,344 families in urban areas that was completed in 2012. Read more of this post

China to boost domestic formula brands

September 25, 2013 12:11 pm

China to boost domestic formula brands

By Lucy Hornby in Beijing

China is set to unveil subsidies and other support for five of its dairy companies to develop infant formula brands to compete against the foreign brands that currently dominate the premium end of Asia’s largest formula market. If successful, the policy, expected to be announced on Saturday, could create new competition for companies such as Nestlé,Danone and Abbott Laboratories. Read more of this post

China corruption trials risk erosion of party legitimacy

September 25, 2013 1:57 pm

China corruption trials risk erosion of party legitimacy

By Jamil Anderlini in Beijing

The criminal trials of two of China’s most notorious businesswomen have opened in Beijing and northern China just days after Bo Xilai, disgraced Communist party leader, was handed a life sentence for corruption and abuse of power. Gong Aiai, a former vice-president of a rural bank, is accused of buying fake identification to purchase dozens of properties in Beijing, while Ding Yuxin allegedly paid huge bribes to China’s former railway minister in exchange for billions of renminbi worth of contracts. Read more of this post

Break up of State oil monopoly? Industry experts suggested that China should establish a separate and independent company to operate the oil wholesale business and manage the supply to retailers, to break up the de facto monopoly of the three state-owned large oil companies

Break up of State oil monopoly?

2013-09-26 02:08:33 GMT2013-09-26 10:08:33(Beijing Time)  China Daily

As part of the efforts to dismantle the SOE’s monopoly in the petroleum sector, China should separate the oil wholesale business away from the three major State-owned industrial enterprises, experts suggested. Song Qiong / Xinhua

Industry experts suggested that China should establish a separate and independent company to operate the oil wholesale business and manage the supply to retailers, to break up the de facto monopoly of the three State-owned large oil companies, especially the two onshore oil giants. A major portion of China’s oil stations are run by Sinopec Ltd and PetroChina Co Ltd, and although oil stations owned by foreign companies and private investors do exist, they have a marginal significance in terms of market share. Read more of this post

The New Going Dutch: Why a U.S.-Japan merger is relocating to the Netherlands. Tokyo Electron takeover could be a mold-breaker for Japan. Applied Materials CEO Moving Family to Tokyo in Big Deal

September 25, 2013, 7:15 p.m. ET

The New Going Dutch

Why a U.S.-Japan merger is relocating to the Netherlands.

The $29 billion merger that America’s Applied Materials AMAT +2.26% and Japan’sTokyo Electron 8035.TO -2.19% announced on Tuesday is a rare trans-Pacific marriage in which a U.S. firm seems to be the dominant player. As eye-catching, the companies say that their merged entity will be incorporated not in Japan or in North America—but in the tax-friendly Netherlands. Among OECD countries, the U.S. ranks at the bottom with a combined statutory federal and state corporate income tax rate of 39.1%, and Japan is next on the dishonor roll at 37%. America is also, er, exceptional for taxing overseas profits, which dissuades companies from bringing back and reinvesting this capital at home. Read more of this post

Technology’s crystal ball offers only a hazy view of the future

September 24, 2013 5:08 pm

Technology’s crystal ball offers only a hazy view of the future

By John Kay

Exciting innovations such as big data and small robots are by historical standards modest

Perhaps it is the result of years of challenging students in Oxford tutorials, but my friends sometimes describe me as counter-suggestible – too inclined to point out weaknesses even in well presented arguments for motherhood and apple pie. So it is an unusual experience for me to leave a debate persuaded by both sides. But that was my reaction last week to a discussion at Columbia University’s Center on Capitalism and Society. Both protagonists are professors at Northwestern University in Illinois. In one corner was Robert Gordon, famous for his pessimistic view of the technological future. In the other was Joel Mokyr, the pre-eminent modern economic historian of technology. Read more of this post

TalkTalk halves price of pay-TV service

TalkTalk halves price of pay-TV service

TalkTalk has mounted the second stage of its push into pay-TV with a cheaper set-top box targeting lower-income households and those watching their spending as Britain climbs out of recession.

By Christopher Williams, Technology, Media and Telecoms Editor

3:49PM BST 25 Sep 2013

The new “essentials” package halves the monthly cost of TalkTalk’s internet-based television service and makes it available to the majority of its broadband and phone subscribers for the first time. For £7.50 per month it offers broadband and phone, plus all the Freeview channels with a seven-day catch-up facility and the chance to bolt on premium channels such as Sky Sports and Sky Movies on a pay-as-you-go basis. Line rental is not included. Read more of this post

Please Twitter, Just Stay Weird; An IPO Will Pressure Twitter to Change—and Not for the Better; most Web services take off by offering an online analogue for activities we already do offline

September 25, 2013, 5:35 p.m. ET

Please Twitter, Just Stay Weird

An IPO Will Pressure Twitter to Change—and Not for the Better

FARHAD MANJOO

I am an inveterate Tweeter. I use Twitter more than any communications medium other than email. I check it first thing in the morning, last thing at night, and about a billion times in between. (Assume that for every sentence in this article, I’ve refreshed Twitter three times.) I’ve tweeted my wedding, my kids’ births, and my major surgeries. I have joked with my wife—who, like most sensible people, doesn’t use Twitter but loves Facebook FB +2.08% —that by neglecting the microblogging service, she’s missing out on the most interesting facet of my personality. The sad thing about this is that, most days, it isn’t really a joke: @fmanjoo is usually a lot more fun than Farhad Manjoo. Read more of this post

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