New chief, another one-word slogan for Microsoft; Ballmer walking on stage at a conference in 2006, sweat staining his armpits and chest while he passionately bellowed, “Developers! Developers! Developers! Developers! Developers!”

New chief, another one-word slogan for Microsoft

Published 05 February 2014 18:04, Updated 06 February 2014 10:20

Nick Bilton

You might remember a now-famous scene with Steven A. Ballmer, then the chief executive of Microsoft, walking on stage at a conference in 2006, sweat staining his armpits and chest while he passionately bellowed, “Developers! Developers! Developers! Developers! Developers!” Read more of this post

Rent poor households estimated at 27,000 to 31,000 in Seoul

Rent poor households estimated at 27,000 to 31,000 in Seoul

Ko Jae-man

2014.02.07 17:12:48

The rent poor refer to those who barely make their ends meet by spending most of their income on pricy housing rents. Generally, those whose housing rents represent over 30 percent of their total income fall into the category of the rent poor.  Read more of this post

Using data to pick the optimal start-up name? Whatever you do, don’t pick a name that starts with the letter J. Or K. Or Q. Instead, favor names beginning with T, O and A.

Using data to pick the optimal start-up name?

February 7, 2014: 5:04 PM ET

When analyzing data, be careful not to confuse correlation for causation.

By Tomasz Tunguz, contributor

FORTUNE — Naming your startup can be one of the hardest things to do when starting a company. Each founder must agree. The domain must be available to buy. Lastly, and perhaps most importantly, investors need to like it because the first letter of startup’s name has meaningful impact on how easily the company will be able to raise money. Read more of this post

At GE, a push for innovation through partnerships; The industrial titan is using its investment arm to partner with outside companies to produce and commercialize new products

At GE, a push for innovation through partnerships

By Chanelle Bessette February 7, 2014: 2:37 PM ET

The industrial titan is using its investment arm to partner with outside companies to produce and commercialize new products.

FORTUNE — General Electric (GE) has a long history of developing, manufacturing, and selling products across more than a dozen sectors, but the industrial giant is using its investment arm to find untapped resources for innovation. Read more of this post

Secrets of the Brain: New technologies are shedding light on biology’s greatest unsolved mystery: how the brain really works.

Published: February 2014

Secrets of the Brain: New technologies are shedding light on biology’s greatest unsolved mystery: how the brain really works.

By Carl Zimmer

Van Wedeen strokes his half-gray beard and leans toward his computer screen, scrolling through a cascade of files. We’re sitting in a windowless library, surrounded by speckled boxes of old letters, curling issues of scientific journals, and an old slide projector that no one has gotten around to throwing out.

“It’ll take me a moment to locate your brain,” he says. Read more of this post

A Netflix for Books?

A Netflix for Books?

By Peter Osnos

The Book-of-the-Month Club (BOMC) was founded in 1926. In the 1980s, it was one of publishing’s most formidable enterprises, with millions of members across the country. It had a panel of distinguished judges whose choice of main selections assured a book high visibility and a substantial payment to the author and publisher. The mail-order book club business and its subsidiaries still function, though on a much smaller scale, having been sold and consolidated over the years into gradual irrelevance. But the principle of subscribing for content is again a hot subject, as digital dominance expands from video and music on-demand to the possibilities for books.  Read more of this post

Refresh’s personal dossiers take the work out of small talk; If the future gets its way we may never have to remember anything about anyone ever again

Refresh’s personal dossiers take the work out of small talk

BY JAMES ROBINSON 
ON FEBRUARY 6, 2014

If the future gets its way we may never have to remember anything about anyone ever again.

Immediately after speaking with Bhavin Shah, co-founder of Refresh, I downloaded his startup’s app, billed to be the only mobile service that provides “dossiers” of information about the people you know, meet and run into. After giving it access to a not inconsiderable amount of my personal information – calendar, email accounts, Facebook, Twitter, LinkedIn – it whirred into life. Read more of this post

Your Weakness May Be Your Competitive Advantage

Your Weakness May Be Your Competitive Advantage

by Dorie Clark  |   9:00 AM February 5, 2014

Midway through the workshop I was teaching on professional reinvention, I gave participants an assignment: create a narrative citing your professional strengths. After the break, a woman named Alison raised her hand. “This one was difficult for me,” she said. “I thought about what was special about me: I’m a strategic thinker, and I can get things done. But other people can do that, too. I’m not sure how I can really stand out as I’m applying for jobs.” She isn’t alone. For many of us, it’s hard to identify exactly what about us — if anything — is valuable or unique. Read more of this post

The First Strategic Question Every Business Must Ask: What business are you in? It seems like a straightforward question, and one that should take no time to answer

The First Strategic Question Every Business Must Ask

by Anthony K. Tjan  |   8:00 AM February 6, 2014

What business are you in?  It seems like a straightforward question, and one that should take no time to answer.  But the truth is that most company leaders are too narrow in defining their competitive landscape or market space.  They fail to see the potential for “non-traditional” competitors, and therefore often misperceive their basic business definition and future market space. Read more of this post

To go mainstream, Twitter needs to kill the stream

To go mainstream, Twitter needs to kill the stream

Matthew Braga | February 7, 2014 | Last Updated: Feb 7 4:27 PM ET
There are people that believe Twitter is all about the stream – that, if you just keep scrolling, the wonders of the world will coalesce into a single, hypnotic column. The stream is where bite-sized hits from Benghazi and the Grammy’s can exist side-by-side amidst tweets from friends on some movie you all saw last night. If that’s not the definition of information density, of how a new generation of internet-connected youth consume things we loosely term as “news,” I dare you to find me a better definition of what is. Read more of this post

It’s Time to Put Your Strategy on a Diet

It’s Time to Put Your Strategy on a Diet

by Nick Tasler  |   12:00 PM February 5, 2014

David Packard once famously quipped, “More companies die from overeating than starvation.” As it turns out, recent studies about dieting show that Packard’s clever metaphor might be more instructive than he ever imagined — and they can provide modern leaders with important lessons about planning and strategy. Read more of this post

Winter Olympics 2014 puts Russia’s corruption — and incompetence —on world stage

Winter Olympics 2014 puts Russia’s corruption — and incompetence —on world stage

Diane Francis | February 7, 2014 | Last Updated: Feb 7 1:33 PM ET
In 1787, Czarina Catherine II went to Ukraine and Crimea to inspect her new acquisitions. They had been devastated by war, but when she arrived, her trusted military leader Grigori Potemkin ordered the construction of fake villages to impress the Empress and her allies. Read more of this post

How Microsoft Avoided the Peter Principle with Nadella

How Microsoft Avoided the Peter Principle with Nadella

by Dennis Carey and Michael Useem  |   9:25 AM February 6, 2014

In one of the most widely scrutinized CEO successions ever, Microsoft directors selected insider Satya Nadella to run the company, only their third CEO pick in the firm’s nearly 40-year history.  His challenges will be enormous. For starters, he will be running a $75 billion+ enterprise with some 100,000 employees, an army of software engineers and many moving parts. For finishers, he will have to change its treads—redirect its strategy—while barreling down a highway with no map for what lies ahead. Read more of this post

How Intuit Innovates by Challenging Itself

How Intuit Innovates by Challenging Itself

by Hal Gregersen  |   12:00 PM February 6, 2014

We know that questioning can trigger innovative thinking. But the key—and challenge—to truly changing the status quo is identifying the right question. In a collaboration to determine just how disruptive leaders find these compelling questions, Professor Clayton Christensen and I conducted nearly 40 interviews with renowned global leaders. Read more of this post

Scaling Up is a Problem of Both More and Less

Scaling Up is a Problem of Both More and Less

by Robert I. Sutton  |   8:00 AM February 7, 2014

Huggy Rao and I like to refer to scaling challenges as the “Problem of More” because they always involve getting some existing seed of excellence to take root in more people and more places. The language of “more” pervades discussions of the topic. Ask any group of executives or nonprofit leaders about scaling, run a web search on “scaling” or “taking to scale,” pore over articles, cases, or research on the topic, you’ll find the dominant words and phrases have to do with addition and multiplication: grow, expand, propagate, replicate, amplify, amass, clone, copy, enlarge, magnify, incubate, accelerate, multiply, roll it out to the masses, and so on. Read more of this post

Develop Strategic Thinkers Throughout Your Organization

Develop Strategic Thinkers Throughout Your Organization

by Robert Kabacoff  |   9:00 AM February 7, 2014

In study after study, strategic thinkers are found to be among the most highly effective leaders. And while there is an abundance of courses, books, articles and opinions on the process of strategic planning, the focus is typically on an isolated process that might happen once or twice per year. In contrast, a true strategic leader thinks and acts strategically every day. Read more of this post

CVS’s Lesson: Carpe Diem

CVS’s Lesson: Carpe Diem

by Paul A. Argenti  |   2:12 PM February 7, 2014

When CVS/Caremark announced that it would forego some $2 billion in sales of tobacco and related products recently, CEO Larry J. Merlo stated that: “We came to the decision that providing health care and selling cigarettes just don’t go together in the same setting.” What he did not say, however, is how that laser-like focus on the company’s strategy also turned reputational risk into an opportunity. CVS is now one of a small group of companies that have realized that their reputation is the most valuable asset they have and that building a stronger reputation by avoiding risks to that reputation can create a significant competitive advantage. Let’s look at how these companies are protecting their reputation and brands while enhancing and realizing strategic value from them. Read more of this post

It’s only a matter of time before Netflix tramples HBO globally

It’s only a matter of time before Netflix tramples HBO globally

By John McDuling @jmcduling February 7, 2014

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We’ve long argued that Time Warner Inc doth protest too much in its attempts to distance HBO from comparisons to Netflix. But separating the premium channel’s earnings results from its other businesses, which the company did for the first time this week, seems to actively encourage it. Read more of this post

It’s a good thing Pandora didn’t listen to that nonsense about “failing fast”; the company built and serviced a 70 million-person monthly user base, grew to a half a billion in revenue, and went public

It’s a good thing Pandora didn’t listen to that nonsense about “failing fast”

By Max Nisen @MaxNisen February 7, 2014

Many entrepreneurs and tech companies laud the idea of rapidly trying new things and failing fast. But it’s a luxury that most companies can’t afford as well as a waste of time, according to Pandora CTO Tom Conrad. Read more of this post

Heenan Blaikie’s lesson for Bay Street: Change or die; Heenan Blaikie’s sudden demise is a much-needed wake-up call for Canadian law firms, which are chasing too little high-dollar business

Heenan Blaikie’s lesson for Bay Street: Change or die

Drew Hasselback | February 8, 2014 7:00 AM ET

Ralph Lean was enjoying his time at Heenan Blaikie. It was a cosy perch that kept him busy, enabling him to work his Rolodex and, more importantly to him, stick it to anyone who thinks that 68-year-old lawyers are past their best-before date. He aimed to work well into his 70s. He had arrived at Heenan Blaikie just eight months ago, having left his previous Bay Street firm because he had reached mandatory retirement age for an equity partner. Read more of this post

‘It is raw, it is surprising’: How McDonald’s gross McNugget video is becoming the new marketing standard

‘It is raw, it is surprising’: How McDonald’s gross McNugget video is becoming the new marketing standard

Armina Ligaya | February 8, 2014 7:30 AM ET
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http://www.youtube.com/watch?v=hF0BwSul2Es

A stark glimpse at how chicken parts, skin and seasonings ground in an industrial-sized steel blender into a pulpy, beige goop eventually become McNuggets has been dubbed marketing genius — but it certainly wasn’t pretty. Read more of this post

Imbalances in hormones causing aging; , we can theoretically get young if we can make the telomere recover by applying growth hormones

2014-02-07 17:44

Imbalances in hormones causing aging
image001-18According to the doctor who specializes in anti-aging, there are around 11 theories on why people get old. Among them, telomere theory, antioxidant theory, neuro-endocrinology, and calorie restriction theory are the ones most actively studied.By Yoon Ja-young
Dreaming of living to be 120 may no longer just be that with the development of medicine and a generally healthier populace. What matters more is how to age healthy. Dr. Lucia Chung, who runs Palm Springs Seoul Clinic in Cheongdam-dong, a branch clinic of the Palm Springs Life Extension Institute in the United States, says anti-aging treatments aim at enabling a healthy life after retirement by restoring balance within our body. Read more of this post

‘Line’ ㅡ two-edged sword for Naver

2014-02-06 17:05

‘Line’ ㅡ two-edged sword for Naver

Firm hires Goldman Sachs, JPMorgan for IPO
By Kim Yoo-chul

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Naver, Korea’s dominant web portal, has reported impressive earnings for 2013 thanks to robust performance of its free mobile messaging application ― Line. Read more of this post

Horrific corruption: A public servant pocketed as much as 5.8 billion won of taxpayer’s money by stealing the personal data of more than 100,000 citizens held by the government

2014-02-06 17:18

Horrific corruption

A public servant pocketed as much as 5.8 billion won of taxpayer’s money by stealing the personal data of more than 100,000 citizens held by the government. Surprisingly, the official, surnamed Choi, mobilized his brother, daughter and other relatives in this ugly case of fraud. Read more of this post

GS E&C to sell assets to ease cash shortage

2014-02-07 16:25

GS E&C to sell assets to ease cash shortage

By Yi Whan-woo
GS Engineering & Construction (E&C) plans to sell its luxury hotel operator to secure capital and ease a liquidity shortage, the company said Friday. Its debt ratio reached 276.9 percent last year.
The construction arm of GS Group is the biggest shareholder of Parnas Hotel with a 67.56 percent stake. Read more of this post

Would You Lie for Me? If we do not recognize the extent to which our suggestions and actions are likely to affect others’ behavior, we may be careless about the things we say and do. We may fail to speak up for what we think is right

Would You Lie for Me?

FEB. 7, 2014

By VANESSA K. BOHNS

WHAT is the chance that you could get someone to lie for you? What about vandalizing public property at your suggestion?

Most of us assume that others would go along with such schemes only if, on some level, they felt comfortable doing so. If not, they’d simply say “no,” right? Read more of this post

Blazing Trails in Brain Science: Dr. Thomas R. Insel’s twisted path to his role as director of the National Institute of Mental Health is a tour of where psychiatric science has been, where it’s going and why

Blazing Trails in Brain Science

By BENEDICT CAREYFEB. 3, 2014

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Launch media viewer

Dr. Thomas R. Insel is the longest-serving director of the National Institute of Mental Health since its founder left. Lexey Swall for The New York Times

BETHESDA, Md. — The police arrived at the house just after breakfast, dressed in full riot gear, and set up a perimeter at the front and back. Not long after, animal rights marchers began filling the street: scores of people, young and old, yelling accusations of murder and abuse, invoking Hitler, as neighbors stepped out onto their porches and stared. Read more of this post

Rest, Reflect, Repent: Is the flight from risk a mere moderating of recent raging expectations, or a grave portent?

SATURDAY, FEBRUARY 8, 2014

Rest, Reflect, Repent

By KOPIN TAN | MORE ARTICLES BY AUTHOR

Is the flight from risk a mere moderating of recent raging expectations, or a grave portent?

History repeats itself. Apparently, so do financial markets, because the withdrawal of the Federal Reserve’s easy-money stimulus is provoking a drama we’ve seen before.

You’d think bond prices would droop with the Fed cutting back its third — and biggest — bond-buying program, but the opposite is happening in 2014. As was the case when the first two rounds of quantitative easing ended, bonds have sprung to life, while the yield on 10-year Treasuries has shriveled from 3.03% to 2.68% in five weeks. And while the Standard & Poor’s 500 pulled back just 5.8% before buyers stepped in last week, more than half of the stocks within the index had already corrected more than 10% from their recent peaks. Read more of this post

McDonald’s Opens in Vietnam, Bringing Big Mac to Fans of Banh Mi

McDonald’s Opens in Vietnam, Bringing Big Mac to Fans of Banh Mi

By MIKE IVESFEB. 7, 2014

HANOI, Vietnam — When Nguyen Hoang Anh and Nguyen Thi My Hao started dating, the 23-year-olds agreed to disagree about food: Mr. Anh adores Western-style fast food, but Ms. Hao mainly eats pho, a popular noodle soup, and other northern Vietnamese foods she has loved since childhood. Read more of this post

For Many Older Americans, an Entrepreneurial Path: People in the 55-to-64 age group, one study has found, had the highest rate of business start-ups in the last decade, despite the often difficult task of raising money

For Many Older Americans, an Entrepreneurial Path

By KERRY HANNONFEB. 7, 2014

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Marilyn Arnold, 66, the founder of Marilyn Arnold Designs, creates keepsakes by converting wedding dresses into decorative pillow covers. Steve Hebert for The New York Times Read more of this post

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