Google’s Project Loon: The gamble that’s so crazy it might work

Google’s Project Loon: The gamble that’s so crazy it might work

BY DOMINIC BASULTO

March 6 at 7:43 am

Google’s Project Loon, in which high-altitude balloons circle the globe using wind currents and solar power to provide WiFi connectivity to remote locations in developing markets, officially launched this past week, with balloons headed out around the world from a remote location in New Zealand. If you’re so inclined, there’s even a way to follow along online in real-time as winds blow these balloons at 25 mph along the 40th parallel in the Southern Hemisphere. Read more of this post

Imagining the potential of a Google AdWords for the physical world

Imagining the potential of a Google AdWords for the physical world

BY MATT MCFARLAND

February 26 at 9:27 am

Advertisements in public places come in one variety: one-size fits all. Signs, posters and billboards are generally the same no matter who you are. This is an inherently wasteful model. It brings to mind the John Wanamaker quote, “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” Read more of this post

“Social Media Doesn’t Sleep”: How This Local Shop Cranked Sales from $63K to $7 Million

 “SOCIAL MEDIA DOESN’T SLEEP”: HOW THIS LOCAL SHOP CRANKED SALES FROM $63K TO $7 MILLION

FROM TWEETING TO PHOTOGRAPHING MODELS HERSELF TO CUSTOMER SERVICE, DIANA HARBOUR IS RE-DEFINING WHAT IT MEANS TO BE HANDS-ON. HERE ARE THE SECRETS TO SOCIAL SELLING SHE’S LEARNED WITH THE RED DRESS BOUTIQUE. Read more of this post

China’s parliament: The smog of war; The prime minister opens parliament by declaring pollution the enemy

China’s parliament: The smog of war; The prime minister opens parliament by declaring pollution the enemy

Mar 8th 2014 | BEIJING | From the print edition

THE annual session of China’s rubber-stamp parliament, the National People’s Congress, is rarely remarkable for the rhetorical flourishes of the leaders who address it. But at the opening on March 5th of this year’s nine-day meeting the prime minister, Li Keqiang, in his maiden speech, deviated at least a little from the usual stodgy fare. China, he said, must “declare war” on pollution. The blanket of smog that often shrouds much of the country, he said, was nature’s “red light”, warning about the risks of “blind development”. Growing public furore about pollution has at last goaded China’s leaders into admitting the urgency of the problem. Read more of this post

China’s reform just like Whac-a-Mole

China’s reform just like Whac-a-Mole

JoongAng Ilbo, March 4, Page 30
*The author is a Beijing bureau chief of the JoongAng Ilbo.

Mar 06,2014

Those who have played the Whac-a-Mole game know that no matter how hard you hit the moles, more will pop out from other holes. I am concerned that Chinese President Xi Jinping’s strong reforms may end up like a game of Whac-a-Mole.
There is speculation that Xinjiang separatist forces were responsible for a mass stabbing attack that took place Saturday at a train station in the southwestern city of Kunming, resulting in 170 victims. After the area was integrated into China during the reign of Emperor Qianlong, the Uighur armed struggle continued for more than 250 years, and the attack may be a warning that the separatists want to take the fight outside of Xinjiang. Read more of this post

Why China can’t innovate (even though Chinese people can)

Why China can’t innovate (even though Chinese people can)

Published 07 March 2014 16:13, Updated 08 March 2014 00:06

Regina Abrami, William Kirby and Warren Mcfarlan

The Chinese people invented gunpowder, the compass, the water wheel, paper money and long-distance banking. Until the early 19th century, China’s economy was more open than the economies of Europe. Today, though, many believe that the West is home to creative business thinkers and that China is largely a land of rule-bound rote-learners. Read more of this post

What parasites can teach you about being a better human

What parasites can teach you about being a better human

By Rachel Feltman @rachelfeltman 4 minutes ago

Nature is gross, messy, and dangerous. If you pretend otherwise, you’re missing out on the best of the natural world—and probably making some bad decisions about the best way to live your life and run your business. That’s the premise of Mother Nature is Trying to Kill You, written by Dan Riskin of Animal Planet’s parasite-centric show Monsters Inside Me and released this week. Read more of this post

Carphone comeback: How tech giants are racing to win the smart car battle

Carphone comeback: How tech giants are racing to win the smart car battle

Matt Hartley | March 8, 2014 7:30 AM ET
Welcome to the Second Coming of the carphone.

Anyone of a certain age can remember the first time they used a phone from inside a car. And more often than not, they were excited to tell the person on the other end of the line that they were, in fact, talking to them on a carphone. Read more of this post

Ministry of Manpower cautioned against Singapore producing too many graduates who can’t find enough good jobs – a predicament South Korea and Taiwan find themselves in today

PUBLISHED MARCH 08, 201

MOM flags potential graduate-glut problem

Chuan-Jin says S’pore must ensure that it continues to generate good jobs for its graduate job seekers

CHUANG PECK MING

ACTING Manpower Minister Tan Chuan-Jin yesterday cautioned against Singapore producing too many graduates who can’t find enough good jobs – a predicament South Korea and Taiwan find themselves in today. Read more of this post

Why investors should stop buying the biggest funds

Why investors should stop buying the biggest funds

Our analysis of peformance shows why investors should look to smaller funds for the best returns, rather than the bigger, more well-known ones

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By Richard Evans, Investment Editor

7:47AM GMT 08 Mar 2014

“Past performance is no guide to the future.” How many investors overlook that ubiquitous warning when they think they have identified a brilliant fund manager? But there may be very good – and unappreciated – reasons why they should take heed. Read more of this post

This Is Why It Feels Like Apple Stopped Innovating Three Years Ago

This Is Why It Feels Like Apple Stopped Innovating Three Years Ago

NICHOLAS CARLSON TECH  MAR. 8, 2014, 10:07 PM

Steve Jobs used to call the computer a bicycle for the mind. Apple’s always been best at the pedals and handle bars. Read more of this post

Are Small Investors a Sell Signal?

Are Small Investors a Sell Signal?

The case for a market top isn’t that clear-cut.

JOE LIGHT

March 7, 2014 1:50 p.m. ET

David Avery used to keep half his 401(k) account in bonds and cash. Last year, the 35-year-old computer programmer moved his entire portfolio into stocks, with one recent purchase being Enanta PharmaceuticalsENTA -1.05% a small biotechnology company that posted a loss last quarter. Read more of this post

Missing jet a big blow for struggling Malaysia Airlines

Missing jet a big blow for struggling Malaysia Airlines

POSTED: 08 Mar 2014 20:02
Malaysia Airlines, which was rocked Saturday by the disappearance of one of its planes, has long been a respected name in regional aviation, enjoying an enviable safety record. Read more of this post

lmost all big Chinese cities’ air below standard

Almost all big Chinese cities’ air below standard, says offical

POSTED: 08 Mar 2014 20:42
Air quality was below national standards in almost all of China’s major cities last year, a top environment official said on Saturday, after Premier Li Keqiang pledged to “declare war” on pollution. Read more of this post

A Chess Master Scans the Market for a Checkmate; Grandmaster Capital’s Patrick Wolff discusses strategy, stocks he likes and dislikes, and his global outlook

SATURDAY, MARCH 8, 2014

A Chess Master Scans the Market for a Checkmate

By LAWRENCE C. STRAUSS | MORE ARTICLES BY AUTHOR

Grandmaster Capital’s Patrick Wolff discusses strategy, stocks he likes and dislikes, and his global outlook.

Patrick Wolff’s résumé includes two U.S. chess championships, first in 1992 and again in 1995, when playing professionally during his time off from college. The Harvard-educated philosophy major earned the distinction of grandmaster, an elite level. Nowadays, Wolff, 46 years old, is running Grandmaster Capital Management, a hedge-fund firm in San Francisco overseeing about $230 million. And though he doesn’t play professionally any longer, he hasn’t stored his chessboard in the attic just yet. In recent years at Berkshire Hathaway’s annual meeting, Wolff, wearing a blindfold, has played multiple chess games simultaneously. Read more of this post

Beware 3-D Printing! The new technology may hold great promise, but the stocks do not. Why the industry darling could tumble 80%.

SATURDAY, MARCH 8, 2014

Beware 3-D Printing!

By ALEXANDER EULE | MORE ARTICLES BY AUTHOR

The new technology may hold great promise, but the stocks do not. Why the industry darling could tumble 80%.

It was meant to be the moment science fiction finally met reality. This past January, makers of 3-D printers reserved 7,000 square feet worth of space at the Consumer Electronics Show. At their introductory press briefing, CES organizers described how 3-D printing was driving a new industrial revolution. The Las Vegas show floor was littered with small boxes spitting out plastic figurines and minimalist jewelry. Not exactly the stuff of a new world order in manufacturing, perhaps, but the tech world nevertheless declared 2014 the year of the 3-D printer. Read more of this post

Life in the world’s most expensive city

Updated: Saturday March 8, 2014 MYT 7:24:08 AM

Life in the world’s most expensive city

BY SEAH CHIANG NEE

SINGAPOREANS will likely huddle around their TV sets in June to watch World Cup soccer – but only if they pay, once again, a fee higher than anyone else on earth. Read more of this post

Why companies drive away their talents

Updated: Saturday March 8, 2014 MYT 2:21:17 PM

Why companies drive away their talents

BY EUGENE MAHALINGAM

Vogiatzakis: ‘It is not all about the money as there is always someone who will offer more.’ Read more of this post

Walt Disney, Shanghai Media Group to develop Disney-branded movies

Anti-graft party takes aim at Modi’s economic model

Friday, March 7, 2014 – 21:36

Reuters

NEW DELHI – Bharatiya Janata Party’s (BJP) Narendra Modi, who leads opinion polls ahead of next month’s general election, faces pressure from anti-graft Aam Aadmi Party (AAp) attacking his economic model on his home turf, the thriving state of Gujarat. Read more of this post

Baidu-led partnership applies for China banking license

Baidu-led partnership applies for China banking license

Fri, Mar 7 2014

BEIJING (Reuters) – Baidu Inc has formed a partnership to apply for a private banking license, as China’s biggest search engine provider moves from acting as a store front for money market funds to a certified financial institution. Read more of this post

Korean economic team blasted for inconsistency

Korean economic team blasted for inconsistency

Friday, March 7, 2014 – 10:06

Kim Yon-se

The Korea Herald/Asia News Network

The Park Geun-hye administration appears to be discontented with the economic policies created by Deputy Prime Minister and Finance Minister Hyun Oh-seok. Read more of this post

Western Businesses in Russia, Watchful and Wary

Western Businesses in Russia, Watchful and Wary

By LIZ ALDERMANMARCH 7, 2014

PARIS — Shortly after pro-Russian troops infiltrated Crimea last weekend, the phone in Alexis Rodzianko’s Moscow office started ringing. He is president of the American Chamber of Commerce in Russia, and local managers for some of the world’s biggest brands were calling to discuss the safety of their operations and the risks that might arise if the West were to impose sanctions. Read more of this post

In Safeway Buyout, a Reminder of a Painful Takeover Years Ago; More than two decades ago, the grocery store chain became a potent symbol of the human toll sometimes extracted when private equity uses large amounts of debt

MARCH 7, 2014, 2:18 PM  3 Comments

In Safeway Buyout, a Reminder of a Painful Takeover Years Ago

By WILLIAM ALDEN

Safeway, the latest target of abig private equity buyout, once caused a huge headache for the private equity industry. Read more of this post

Costco’s Bulking Up Its Moat

Costco’s Bulking Up Its Moat

By Ken Perkins | 03-07-14 | 06:00 AM | Email Article

 Costco (COST) reported second-quarter results that were slightly below our expectations on the top line, and margins were also a bit weaker than we expected. However, a closer look at the results leaves us confident that Costco’s bargaining power, highly efficient operations, and loss-leader capabilities will allow the firm to outperform many retail peers, and we are maintaining our narrow Morningstar Economic Moat Rating with a positive trend, as well as our $120 fair value estimate. Read more of this post

boohoo.com valued at 560 million pounds in London listing

boohoo.com valued at 560 million pounds in London listing

4:17am EST

LONDON (Reuters) – British online fashion retailer boohoo.com will list on London’s AIM market next week with a market capitalization of 560 million pounds ($936 million) after tapping into current investor appetite for internet retail stocks. Read more of this post

In twist, Mexico says non-telecom Slim firms dominate telecoms

In twist, Mexico says non-telecom Slim firms dominate telecoms

6:12pm EST

By Alexandra Alper and Tomas Sarmiento

MEXICO CITY (Reuters) – Mexico’s telecoms regulator on Friday declared two of billionaire Carlos Slim’s major financial and industrial companies “dominant” in telecommunications, but has yet to slap the tag on Slim’s flagship telecom company. Read more of this post

An Interview With Behavioral Investing Expert Michael Mauboussin

An Interview With Behavioral Investing Expert Michael Mauboussin

By Matt Koppenheffer | More Articles
March 1, 2014 | Comments (6)

As Managing Director and Head of Global Financial Strategies at Credit Suisse, Michael Mauboussin advises clients on valuation and portfolio positioning, capital markets theory, and competitive strategy analysis. He has also authored three books — Think TwiceThe Success Equation, and More Than You Know — and is an adjunct professor of finance at the Columbia Business School, and chairman of the Board of Trustees at the Santa Fe Institute. Read more of this post

The World Loses a Great Investor, CalPERS CIO Joseph Dear

The World Loses a Great Investor

By Morgan Housel | More Articles
February 27, 2014 | Comments (5)

A year ago, I traveled to California with colleagues Brian Richards and Rick Engdahl to interview some of the world’s sharpest economic thinkers, including PIMCO CEO Mohamed El-Erian and former Mitt Romney adviser John Taylor of Stanford University.  Read more of this post

How Designer Microbes and the Organism Industry Will Reshape Our World

How Designer Microbes and the Organism Industry Will Reshape Our World

By Maxx Chatsko | More Articles
March 2, 2014 | Comments (0)

What would a computer be without transistors? Well, not much. A similar question can be asked of next-generation industrial biotech platforms enabled by synthetic biology: What would Solazyme (NASDAQ: SZYM  ) , Amyris (NASDAQ: AMRS  ) , or any other industrial biotech company be without organisms? And again, a similar conclusion is reached. It may not be obvious from the early days of synthetic biology, but several loose, general terms and businesses used to describe the development of highly optimized custom microorganisms will eventually be combined into one well-defined industry: the organism industry. Read more of this post

Profits, Purpose, and the Power of Admiration

Profits, Purpose, and the Power of Admiration

By Alyce Lomax | More Articles
March 3, 2014 | Comments (4)

Which American companies are among the best choices for long-term investors? One answer is seeking out the companies that are the most admired — and inspired to make real innovative change. Read more of this post

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