Reading, Writing, Arithmetic, and Lately, Coding; Backed by some of the biggest names in tech, Code.org aims to make computer science part of the curriculum everywhere

Reading, Writing, Arithmetic, and Lately, Coding

By MATT RICHTELMAY 10, 2014

MILL VALLEY, Calif. — Seven-year-old Jordan Lisle, a second grader, joined his family at a packed after-hours school event last month aimed at inspiring a new interest: computer programming. Read more of this post

Alibaba, Based in China, Imitating Japan

Alibaba, Based in China, Imitating Japan

By William Pesek on 05:58 pm May 08, 2014

Alibaba Group, the Chinese e-commerce giant, is offering the investment world a novel experience: one-stop shopping.

By now, we’ve heard all the superlatives about the “everything company.” Jack Ma’s hundreds of millions of subscribers will swell as the Alibaba founder enters just about every business imaginable. In a quirky, yet revealing exercise, Quartz.com made a list of all the Western names you’d have to combine to get something like the Alibaba Ma is taking public in a New York initial public offering. They include, of course,Amazon.com, eBay and PayPal, but also Google Maps, Spotify, WhatsApp, Dropbox, ING Direct, Uber Technologies and Hulu. Alibaba also is getting into travel, education, business lending and a bewildering array of unrelated markets. Read more of this post

Asia Must Prepare for Oil Shock

Asia Must Prepare for Oil Shock

By John Kemp on 12:19 pm May 10, 2014

  1.  Asia is more at risk from any disruption to Middle East oil supplies than Europe or the United States but is less prepared to deal with such a scenario, according to a new report from Britain’s Royal Institute of International Affairs.

Read more of this post

Singapore REITs on Foreign Jaunts Outperform as Home Market Stutters

Singapore REITs on Foreign Jaunts Outperform as Home Market Stutters

By Andrew Toh on 02:59 pm May 09, 2014

Singapore has 33 trusts on the stock exchange and the S-REIT index gained 6 percent year to date. (Reuters Photo/Edgar Su) Read more of this post

A Higher Minimum Wage Is Crucial for Indonesia

A Higher Minimum Wage Is Crucial for Indonesia

By Kristia Davina Sianipar on 05:50 pm May 07, 2014

On May 1, Indonesia for the first time commemorated Labor Day as a national holiday. Tens of thousands of workers thronged the streets of Jakarta, to celebrate and to voice their demands. President Susilo Bambang Yudhoyono declared May 1 a national holiday in July 2013, much to the delight of workers all over Indonesia. The move signifies monumental progress for the labor movement in Indonesia, but it is not enough. A one-day holiday cannot and should appease those who have been struggling for fairer pay. A higher minimum wage is not only imperative for the welfare of the workers, but also necessary for economic progress. Read more of this post

Using Microsoft Products May Be Unethical for Universities

Using Microsoft Products May Be Unethical for Universities

By Adam Fish on 06:09 pm May 08, 2014

Universities and researchers all over the world have a problem with Microsoft. It’s not just that the company forces expensive and dated software on customers. Using products like Microsoft’s e-mail service Outlook is potentially in breach of the ethical contracts researchers sign when they promise to safeguard the privacy of their subjects. Read more of this post

Thai Auto Sector Slams on Brakes as Political Crisis Rumbles On

Thai Auto Sector Slams on Brakes as Political Crisis Rumbles On

By Khettiya Jittapong & Pisit Changplayngam on 08:46 am May 09, 2014

Bangkok. Thailand’s auto sector, Southeast Asia’s biggest, has fired more than 30,000 subcontracted workers this year and slashed production, as sales plunge after months of political unrest that threatens to drive some manufacturers offshore. Read more of this post

Behind Bailout, a Very Real Fear of a Run on Indonesia’s Banks, Boediono Reveals

Behind Bailout, a Very Real Fear of a Run on Indonesia’s Banks, Boediono Reveals

By Novianti Setuningsih,Bayu Marhaenjati & Ezra Sihite on 10:10 pm May 09, 2014

Indonesian Vice President Boediono downplayed the extent of Bank Century’s problems to avoid scaring the public. (JG Photo/ Yudhi Sukma Wijaya) Read more of this post

Leaving the dream: Infosys battles worker exodus

Leaving the dream: Infosys battles worker exodus

Sat, May 10 2014

By Nivedita Bhattacharjee

MUMBAI (Reuters) – Infosys Ltd, once a bellwether for India’s $100 billion-plus IT outsourcing industry, is losing its cachet as the employer of choice for a generation of young IT workers, with staff leaving at an unprecedented pace as the Bangalore-based company struggles to regain ground lost to rivals. Read more of this post

CNBC Transcript: Warren Buffett, Charlie Munger and Bill Gates

CNBC Transcript: Warren Buffett, Charlie Munger and Bill Gates

Alex Crippen | @alexcrippen

Monday, 5 May 2014 | 2:17 PM ET

CNBC.com May 2014 | 9:45 AM ET

Here are five things Berkshire Hathaway Chairman Warren Buffett said during an interview with CNBC’s Becky Quick today. Read more of this post

What if Modi falls short? Some market players brace for shocker

What if Modi falls short? Some market players brace for shocker

Fri, May 9 2014

By Abhishek Vishnoi and Himank Sharma

MUMBAI (Reuters) – Indian markets are so confident the opposition party led by Narendra Modi will win the country’s elections that brokers fear anything short of a decisive victory could spark the worst sell-off in years. Read more of this post

China’s Xiaomi leads Asia’s low-cost smartphone drive

China’s Xiaomi leads Asia’s low-cost smartphone drive

Sunday, May 11, 2014 – 12:46

AFP

SINGAPORE – Xiaomi may be little known outside China, but the fast-growing smartphone maker is at the forefront of a new wave of Asian brands challenging the dominance of Apple and Samsung with high-spec, low-price phones. Read more of this post

Voters take a punt on India’s political future

May 11, 2014 6:43 am

Voters take a punt on India’s political future

By Avantika Chilkoti in Mumbai

By the end of Monday, more than 500m people will have voted in India’s vast general election, and opinion polls seem certain that there is a clear favourite to win. Read more of this post

Japan’s Fast Retailing eyes shopping spree; Uniqlo chain has spent roughly Y100bn ($980m) on mergers and acquisitions over the past decade

May 11, 2014 4:37 am

Japan’s Fast Retailing eyes shopping spree

By Jennifer Thompson in Tokyo

Tadashi Yanai, founder of the Fast Retailing group, likes to shop.

Japan’s Fast Retailing, which began life in 1984 selling cheap and cheerful clothes through its Uniqlo chain, has spent roughly Y100bn ($980m) on mergers and acquisitions over the past decade. Read more of this post

Picasso on Success and Why You Should Never Compromise in Your Art

Picasso on Success and Why You Should Never Compromise in Your Art

“Imagine immensities. Pick yourself up from rejection and plow ahead. Don’t compromise,” Debbie Millman advised in her magnificent meditation on what it takes to design a good life. But how does one resist compromising one’s creative ideals when straining to meet the practical essentials of survival? An uncompromising answer comes from one of the greatest creators humanity has ever known. Read more of this post

Vincent van Gogh on Art and the Power of Love in Letters to His Brother

Vincent van Gogh on Art and the Power of Love in Letters to His Brother

“You can only go with loves in this life,” Ray Bradbury memorably proclaimed. Whether love be bewitchingor tormenting, whether pondered by the poets or scrutinized by the scientists, one thing is for certain – it is art’s most powerful and enduring muse, fuel for the creative process more potent than anything the world has known. A poignant testament to this, and a fine addition to history’s most beautiful reflections on love, comes from iconic painter Vincent van Gogh in My Life & Love Are One (public library) – a lovely slim 1976 book that traces “the magic and melancholy of Vincent van Gogh” by culling his thoughts on love, art, and turmoil from his letters to his brother Theo, which were originally published in 1937 as the hefty tome Dear Theo: The Autobiography of Vincent van Gogh. The title comes from a specific letter written during one of the painter’s periods of respite from mental illness, in which he professes to his brother: “Life has become very dear to me, and I am very glad that I love. My life and my love are one.” Read more of this post

The Lion and the Bird: A Tender Illustrated Story About Loneliness, Loyalty, and the Gift of Friendship

The Lion and the Bird: A Tender Illustrated Story About Loneliness, Loyalty, and the Gift of Friendship

Once in a long while, a children’s book comes by that is so gorgeous in sight and spirit, so timelessly and agelessly enchanting, that it takes my breath away. The Lion and the Bird (public library) by French Canadian graphic designer and illustrator Marianne Dubuc is one such rare gem – the tender and melodic story of a lion who finds a wounded bird in his garden one autumn day and nurses it back to flight as the two deliver one another from the soul-wrenching pain of loneliness and build a beautiful friendship, the quiet and deeply rewarding kind. Read more of this post

Will Berkshire Hathaway Be Worth $1 Trillion by 2030?

Will Berkshire Hathaway Be Worth $1 Trillion by 2030?

by Published on May 09, 2014

by Thomas Young
Berkshire Hathaway (BRK.A – Snapshot Report) (BRK.B – Analyst Report) is worth about $315 billion, up about $270 billion since January 2000. Given the incredible $20 billion per year average gain in market value as the backdrop, one might wonder–will Warren Buffett be alive when Berkshire Hathaway is worth a trillion? What would drive Berkshire to that level?
First, here’s a look at how Buffett’s empire has grown over the past 14 years. Read more of this post

Which Are The Best Business Schools For The Buck (Spoiler Alert: Not Harvard Or Wharton)

Which Are The Best Business Schools For The Buck (Spoiler Alert: Not Harvard Or Wharton)

Tyler Durden on 05/10/2014 14:32 -0400

As the San Fran Fed recently explained, when it looked at the upside of a college education, it found that the average college graduate earns over “$800,000 more than the average high school graduate by retirement age.” What was ignored is the offsetting cost to this upside in terms of hundreds of thousands of college loans bearing compounding interest that are just as sticky and in increasingly more cases also remain with the graduate until retirement. But what about business schools? For those professionals who have already picked a career in finance or business, and who are willing to spending even more ridiculous amounts of money for a piece of paper and a rolodex, which business schools offer the best bank for the buck? Read more of this post

The Death Of Hedge Funds?

The Death Of Hedge Funds?

Tyler Durden on 05/09/2014 21:43 -0400

With the very largest and most experienced of hedge fund managers vociferously commenting on the “Truman Show” mirage of the markets, the danger of currently policies (there is no way to tell exactly how it all will end. Badly, we guess), and the need for stock-picking prowess, we thought the following chart might highlight the dawning of the death of an entire substrata of so-called hedge-fund managers (and not just the $0 AUM newsletter publishers) who appear unable to “stockpick” their way out of a Fed-provided paper bag. Since Q4 2010, Long/Short funds are down 6% while the immutable low-cost levered wealth creation policy vehicle of choice for the Fed (the S&P 500) is up almost 50% (dividends aside).

Read more of this post

Everything You Wanted To Know About Global Oil Fundamentals (But Were Afraid To Ask)

Everything You Wanted To Know About Global Oil Fundamentals (But Were Afraid To Ask)

Tyler Durden on 05/10/2014 16:16 -0400

There’s more than one oil price around the world and as the following comprehensive (but brief) overview from Morgan Stanley’s Global Energy Teach In shows, crude oil pricing across the world is dynamic and multi-factorial – from fundamental factors (such as simple supply and demand and seasonality) to macro factors (such as USD strength, macro sentiment, and “burden”) and risk premia (e.g. geopolitics), the following provides everything you wanted to know about global crude oil fundamentals, but were afraid to ask… Read more of this post

7 Leadership Lessons Tech CEOs Learned from Their Moms

7 LEADERSHIP LESSONS TECH CEOS LEARNED FROM THEIR MOMS

TO CELEBRATE MOTHER’S DAY, CHECK OUT THE LESSONS THESE TECH LEADERS LEARNED FROM THEIR BIGGEST INSPIRATIONS: THEIR MOMS.

BY KATHLEEN SHANAHAN

It’s no doubt that the indispensable lessons we’ve learned from our moms are inextricably woven into our daily lives. But for some of Silicon Valley’s top CEOs and founders, it’s also woven into their leadership styles and company cultures. Read more of this post

Is Corporate Storytelling Replacing The News Business?

2014-05-08

Is Corporate Storytelling Replacing The News Business?

One former USA Today editor says that he’s jumping ship to the world of content marketing because editorial is dead. Is there any business model that can save the future of news? Read more of this post