New cremation rule in China shakes old traditions

New cremation rule in China shakes old traditions

Thursday, May 29, 2014 – 10:33

China Daily/Asia News Network

Authorities in Anqing, Anhui province, say there was no direct relationship between the alleged suicides of several elderly rural residents and the coming burial reforms that require corpses to be cremated. Read more of this post

Intel readies 3D-printed robots for handy consumers

Intel readies 3D-printed robots for handy consumers

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Wed, May 28 2014

By Noel Randewich and Alexei Oreskovic

RANCHO PALOS VERDE California (Reuters) – Intel Corp introduced a walking, talking robot on Wednesday made from 3D-printed parts that will be available to consumers later this year, if they are willing to assemble it with a kit that costs around $1,600. Read more of this post

Taiwan’s Acer launches cloud computing drive in shift from PC reliance

Taiwan’s Acer launches cloud computing drive in shift from PC reliance

1:49am EDT

By Michael Gold

TAIPEI (Reuters) – Taiwan’s Acer Inc detailed its long-touted push into cloud computing on Thursday, as the struggling computer maker responds to a shrinking PC market by pitting itself against cloud leaders Amazon.com Inc and Google Inc. Read more of this post

Entrepreneurs to venture capitalists: We’re looking for 5 traits

Entrepreneurs to venture capitalists: We’re looking for 5 traits

May 23, 2014 3:30 PM
Ryan Caldbeck, CircleUp

I’ve met with dozens and dozens of VC investors over the years, both formally and informally. Some passed on my company. Others we passed on. I’ve also had hundreds of conversations with other entrepreneurs about their experiences with venture investors. These opportunities have given me a good understanding as to what makes a great (and not-so-great) venture capitalist. I also worked in private equity for years before starting CircleUp, and this experience has given me the added perspective of having sat on both sides of the table. Read more of this post

A Dozen Things I’ve Learned About Marketing, Distribution and Sales

A Dozen Things I’ve Learned About Marketing, Distribution and Sales

25iq

1. “Most businesses actually get zero distribution channels to work. Poor distribution—not product—is the number one cause of failure.”  (Peter Thiel)  Legions of businesses fail every day because the people involved in the company do not know how to market, distribute and sell their goods and services. The right training can help a person understand that while potential customers don’t like salespeople, they do like to buy products and services. Knowing how to present a situation as an opportunity to buy and not an unpleasant experience with a salesperson requires skill.  While a lot of this post is about sales, physical distribution systems should not be forgotten. There are companies like McDonalds which owe their success more to their distribution systems than anything else. Great distribution systems can be a substantial part of a company’s moat, as is the case with Starbucks, Amazon and Costco. Read more of this post

The ASX’s two-strikes rule: If 25 per cent of shareholders reject two consecutive remuneration reports, the board can be dumped if 50 per cent of votes support the motion

Shareholders gagged by ASX rules

May 19, 2014

John Addis

Change needed: The ASX should require a vote on ‘company transforming’ initiatives, says John Addis. Photo: Bloomberg

Exhorting shareholders to think like owners of a business is one of the great tenets of value investing. And, by and large, it’s a good rule of thumb. The problems start when management, which should represent owners’ interests, go native. Read more of this post

Barbarians gather at the gate as foreign investors eye Penfolds, the mighty Australian whose flagship red is known simply as ”Grange”

Barbarians gather at the gate as foreign investors eye Penfolds

May 24, 2014

Eli Greenblat

With a takeover battle looming at Treasury Wine, Eli Greenblat looks at what structure is best suited to owning wine assets.

image001-1 Read more of this post

The music world may have found itself a new big villain: YouTube

The music world may have found itself a new big villain: YouTube

BY DAVID HOLMES 
ON MAY 23, 2014

Congratulations, Spotify and Pandora: You may no longer be musicians’ most hated tech companies.

Last Summer, the anti-Pandora rallying cry was at an all-time high. The Verge’s Greg Sandoval dubbed Pandora “music’s big villain.” Cracker’s David Lowery caused a major stir by penning the blog post, “My Song Got Played On Pandora 1 Million Times and All I Got Was $16.89.” And Pink Floyd wrote an editorial in USA Today accusing the streaming music service of “tricking artists” into signing a petition that would cut their already-miniscule royalty payments. Read more of this post

China Taxi Apps Call off the Subsidy Program, Orders Drop Drastically

China Taxi Apps Call off the Subsidy Program, Orders Drop Drastically

by Scully Wan – May 23, 2014

China’s most popular taxi calling apps Didi and Kuaidi have announced officially on May 16th and 17th respectively, that they will stop the payment subsidies program for passengers. However, they will keep subsidizing taxi drivers. Read more of this post

Tencent has a Plan for the Internet of Cars with the Newly Acquired Stake in NavInfo

Tencent has a Plan for the Internet of Cars with the Newly Acquired Stake in NavInfo

by Tracey Xiang – May 23, 2014

State-owned China Survey has been authorized to sell 11.8% stake in mapping company NavInfo to Tencent for RMB1.173 billion ($189). Now Tencent is the second largest shareholder in the company. Read more of this post

Israeli violinist maestro Ivry Gitlis explains origin of Israeli musical prowess

Updated : 2014-05-23 19:03

Gitlis explains origin of Israeli musical prowess

By Choi Hyun-soo

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Israeli violinist maestro Ivry Gitlis saidFriday that the turbulence of Jewishhistory has helped produce many ofhis compatriot musical virtuosos.  Read more of this post

Tipping Points to Asia’s Future

YURIKO KOIKE

Yuriko Koike, Japan’s former defense minister and national security adviser, was Chairwoman of Japan’s Liberal Democratic Party’s General Council and currently is a member of the National Diet.

MAY 23, 2014

Tipping Points to Asia’s Future

TOKYO – A week, it is said, is a long time in politics. But events in Asia over the past week may define the region for decades to come. Read more of this post

Bunny boilers: Sichuan devours 42m kilos of rabbit a year

Bunny boilers: Sichuan devours 42m kilos of rabbit a year

Staff Reporter

2014-05-22

People in Sichuan have a penchant for rabbit meat, consuming 42 million kilograms a year, or an average of two rabbits a person, according to the WCC Daily. Read more of this post

Microsoft’s golden era in China coming to an end

Microsoft’s golden era in China coming to an end

Staff Reporter

2014-05-24

Chinese authorities announced on May 16 that Windows 8 will be banned from government computers. Read more of this post

Was Thai Army chief’s meeting with political bigwigs cover for a coup?

Was Thai Army chief’s meeting with political bigwigs cover for a coup?

AP

MAY 24, 2014

BANGKOK – Thailand’s all-powerful army chief started the extraordinary meeting by asking participants to give a progress report on their “homework.” Read more of this post

The extraordinary, depressing power of failing upwards; If you’ve noticed (and who hasn’t?) that less diligent, less dependable employees often get ahead faster than their peers, here’s why

The extraordinary, depressing power of failing upwards

By Anne Fisher, contributor May 23, 2014: 5:00 AM ET

If you’ve noticed (and who hasn’t?) that less diligent, less dependable employees often get ahead faster than their peers, here’s why. Read more of this post

Suneeta Reddy: Linking the Health and Wealth of a Country

Suneeta Reddy: Linking the Health and Wealth of a Country

by Suneeta Reddy | May 23, 2014

India waits for concrete policy measures to create a health care system rooted in affordability, quality and accessibility Read more of this post

India’s Recent Election Gives It The Best Chance Of Prosperity Ever

India’s Recent Election Gives It The Best Chance Of Prosperity Ever

THE ECONOMIST POLITICS  MAY. 24, 2014, 2:29 AM

The most important change in the world over the past 30 years has been the rise of China. The increase in its average annual GDP per head from around $300 to $6,750 over the period has not just brought previously unimagined prosperity to hundreds of millions of people, but has also remade the world economy and geopolitics. Read more of this post

28 Years Of Psychology Shows That “Expressive Writing” Makes You Way Happier

28 Years Of Psychology Shows That “Expressive Writing” Makes You Way Happier

DRAKE BAER STRATEGY  MAY. 24, 2014, 4:22 AM

If writing about the difficult parts of your life were a drug — called “expressive writing” in the literature — it would be making bank for some faceless pharmaceutical company.

The British journal Advances in Psychiatric Treatment reports that health outcomes include:  Read more of this post

Thai military makes paying rice farmers a priority

Thai military makes paying rice farmers a priority

Saturday, May 24, 2014 – 17:04

Reuters

BANGKOK – Thailand’s military junta and the finance ministry will meet on Monday to discuss how to pay rice farmers over US$2.5 billion (S$3.13 billion) owed under a failed subsidy scheme run by the government the military overthrew on Thursday. Read more of this post

Aeropostale could raise going concern doubts as the struggling teen apparel retailer burns up cash amid mounting losses

Aeropostale could raise going concern doubts: Morgan Stanley

Fri, May 23 2014

(Reuters) – Aeropostale Inc (ARO.N: Quote,ProfileResearchStock Buzz) could raise going concern doubts as soon as next year, as the struggling teen apparel retailer burns up cash amid mounting losses, Morgan Stanley analysts warned. Read more of this post

Twitter to take India election innovations global

Twitter to take India election innovations global

3:57am EDT

By Aditya Kalra

NEW DELHI (Reuters) – U.S. social networking company Twitter is planning to replicate parts of its India election strategy across countries that go to polls this year, after it emerged as a key tool for politicians and media companies during the world’s largest democratic exercise. Read more of this post

Buffett Too Rich for Buffett Is Sign Bargains Are Gone

Buffett Too Rich for Buffett Is Sign Bargains Are Gone

Warren Buffett gave a nice, simple explanation for why Berkshire Hathaway Inc. (BRK/A) didn’t buy back any of its own shares in 2013: The stock just wasn’t cheap enough.

Buffett told shareholders in his annual letter that in order to trigger repurchases, the stock would have to trade for 120 percent of book value or less. (A company’s book value refers to its assets minus liabilities, and not the size of the contract Michael Lewis could fetch for writing about it.) Berkshire is trading at 138 percent of book, or a price-to-book ratio of 1.38. The multiple hasn’t dipped below 1.2 since 2012.

Read more of this post

2 Things Successful People Do Over 3-Day Weekends

12 Things Successful People Do Over 3-Day Weekends

JACQUELYN SMITH CAREERS  MAY. 24, 2014, 9:00 AM

Successful people spend time with family and friends over long weekends.

We’re heading into a holiday weekend — and most successful people have planned out (or at least thought about) what they’ll do over the next three days.  Read more of this post

7 Stupid Ways Smart People Sabotage Their Success

7 Stupid Ways Smart People Sabotage Their Success

RICHARD FELONI STRATEGY  MAY. 24, 2014, 9:45 AM

Sometimes the smartest people do things that seem to make no sense at all.

A group of Quora users drew from their experiences to address the question “What are some stupid things that smart people do?” The answers provide ways to overcome some of the common ways intelligent people unknowingly undermine themselves.

We’ve highlighted a few below.

1. They spend too much time thinking and not enough time doing. Read more of this post

cDonald’s Indigestible Excuse for Low Pay

McDonald’s Indigestible Excuse for Low Pay

By TERESA TRITCH

MAY 23, 2014 5:30 PM

When Henry Ford realized it was good business to pay employees enough to buy the products they built, it was a breakthrough, not only because the idea challenged the reflex to pay as little as possible, but because the product was a car. He was talking real bucks. Read more of this post

Fat-Cat Administrators at the Top 25; Higher executive pay at public universities pairs with raised tuition, fewer course offerings and an increase in miserably paid adjuncts

Fat-Cat Administrators at the Top 25

By THE EDITORIAL BOARDMAY 23, 2014

Confronted with punishing state budget cuts, the public colleges and universities that educate more than 70 percent of this country’s students have raised tuition, shrunk course offerings and hired miserably paid, part-time instructors who now form what amounts to a new underclass in the academic hierarchy. At the same time, some of those colleges and universities are spending much too freely on their top administrators. Read more of this post

Amazon’s Tactics Confirm Its Critics’ Worst Suspicions; For years, authors and publishers have warned that Amazon,Jeff Bezos’ book-selling giant, would one day use its power for ill.

Amazon’s Tactics Confirm Its Critics’ Worst Suspicions

By FARHAD MANJOO

MAY 23, 2014 4:29 PM 25 Comments

Amazon is confirming its critics’ worst fears and it is an ugly spectacle to behold.

For years, authors and publishers have warned that Amazon,Jeff Bezos’ book-selling giant, would one day use its power for ill. Sure, so far, Amazon has marketed itself as a book buyer’s best friend. It sells books at terrifically low prices, it delivers them amazingly quickly, and it constantly invents new technologies to improve the way we read. Amazon has also invested heavily in publishing new authors and it has pushed exciting new formats made possible by electronic distribution. Read more of this post

Gerald M. Edelman, Nobel Laureate and ‘Neural Darwinist,’ Dies at 84

Gerald M. Edelman, Nobel Laureate and ‘Neural Darwinist,’ Dies at 84

By BRUCE WEBERMAY 22, 2014

Dr. Gerald M. Edelman at Rockefeller University in 1972, in front of a gamma globulin model.CreditDon Hogan Charles/The New York Times

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Even Fruit Flies Need a Moment to Think It Over; Researchers have found that when faced with hard choices, fruit flies take more time to make a decision

Even Fruit Flies Need a Moment to Think It Over

By DOUGLAS QUENQUAMAY 22, 2014

Researchers have found that when faced with hard choices, fruit flies take more time to make a decision. CreditAmy Xinyang Hong and Cedric Tan Read more of this post