R.E.S.-ilience in Value Creation 《竹经：经商经世离不得立根创新》
March 20, 2014 Leave a comment
March 14, 2014 7:48 pm
Hi-tech is hot but take care not to get burnt
By Brooke Masters
The landscape is littered with tech deals that fell short
News this week overflowed with evidence that the appetite for groovy sounding technology companies is rising to heights not seen since the dotcom bubble of the late 1990s. Read more of this post
March 20, 2014 Leave a comment
Last updated: March 14, 2014 10:10 pm
Protect the open web and the promise of the digital age
By Richard Waters
Much will be lost if fences are put up around our digital open plans, says Richard Waters
For all the drawbacks, it is not hard to feel nostalgic about the early days of the web. Surfing between slow-loading, badly designed sites on a dial-up internet connection running at 56 kilobits per second could be frustrating. No wonder it was known as the “world wide wait”. But the “wow” factor was high. There was unparalleled access to free news and information, even if some of it was deeply untrustworthy. Then came that first, revelatory search on Google, which untangled the online jumble with almost miraculous speed. Read more of this post
March 20, 2014 Leave a comment
March 14, 2014 11:40 pm
US relinquishes control of internet’s addressing system
By Richard Waters in San Francisco
The Obama administration said on Friday that it would give up control of the internet’s addressing system, marking one of its most significant responses yet to the international outcry over revelations of widespread US internet surveillance. Read more of this post
March 20, 2014 Leave a comment
March 14, 2014 12:35 pm
Companies trade focus groups for social media
By Hannah Kuchler in San Francisco and Neil Munshi in Chicago
Social media is replacing the clipboard, the focus group and the pencil-chewing designer, as companies listen in on consumers’ conversations in the hope of creating the products they really want. Read more of this post
March 20, 2014 Leave a comment
How to Delegate the Right Way
Executives Have a Lot on Their Plates; Disbursing Work Poorly Can Backfire
JOANN S. LUBLIN
Updated March 13, 2014 10:18 a.m. ET
Dumping work on colleagues can turn into a dumb idea. The work often comes back to you.
Stressed by huge workloads and pinched resources, executives must unload tasks to get things done. But to succeed, you must delegate effectively. The fine art of delegation involves figuring out the right associates, marching orders and feedback. Read more of this post
March 20, 2014 Leave a comment
March 14, 2014, 6:27 AM ET
Aon CFO: Risk and Reinvention
AonAON +0.26% plc has completely shifted its business model and its nationality. The firm sold its insurance underwriting business and acquired two companies that turned Aon into a risk-management and human resources consulting giant. In 2012, it moved its headquarters to London from Chicago. That strategic shift has also changed the focus of Aon’s chief financial officer, Christa Davies. Aon’s business kicks off more than $1.5 billion in free cash flow a year. She says her mission is to get the best rate of return on that money. Read more of this post
March 20, 2014 Leave a comment
How to Understand Alibaba Group’s Business Model
JURO OSAWA
Updated March 15, 2014 4:53 a.m. ET
Alibaba Group Holding Ltd. dominates China’s e-commerce market, which by one measure is now the biggest in the world.
The best way to understand Alibaba is as a mix of Amazon.com, AMZN +0.60% eBayEBAY +0.07% and PayPal with a dash of Google GOOG -1.37% thrown in, all with some uniquely Chinese characteristics. Read more of this post
March 20, 2014 Leave a comment
How Hong Kong Lost the Alibaba IPO
Exchange, Chinese E-Commerce Giant Fell Out Over a Rule
ENDA CURRAN
Updated March 15, 2014 11:40 a.m. ET
HONG KONG—Alibaba Group Holding Ltd.’s planned listing in New York is a blow to Hong Kong’s stock exchange, which failed in an effort to change its rules so as to accommodate what could be one of the world’s biggest initial public offerings. Read more of this post
March 20, 2014 Leave a comment
Asustek’s Dual-OS Devices Hit a Wall
Shelves Plans For Transformer Book Duet TD300
EVA DOU And DON CLARK
Updated March 14, 2014 12:43 p.m. ET
Asustek Chairman Jonney Shih introduces the Transformer Book Duet TD300 at the 2014 Consumer Electronics Show in January. ASUSTeK Computer Read more of this post
March 20, 2014 Leave a comment
How to Become a (Public Pension) Millionaire
In five states, an average full-career retiree receives a retirement income higher than his final salary.
ANDREW G. BIGGS
March 14, 2014 7:18 p.m. ET
Detroit and San Bernardino and Stockton, Calif. are in bankruptcy, and across the country the costs of maintaining pensions for city and state employees more than doubled to nearly $84 billion in 2011 from 2002. Yet the American Federation of State, County and Municipal Employees (Afscme) declares that public pensions are “modest,” noting that its average member “receives a pension of approximately $19,000 per year after a career of public service.” Read more of this post
March 20, 2014 Leave a comment
China Broadcaster Targets Companies on Consumer-Rights Day
Nikon, Alibaba Accused of Service and Quality Issues During Prime-Time Show
LAURIE BURKITT
Updated March 15, 2014 9:06 p.m. ET
BEIJING—China’s powerful government-controlled television broadcaster took aim at Japanese camera company Nikon Corp. 7731.TO -4.09% on Saturday in its annual campaign to stamp out service and quality problems that stifle the country’s domestic consumption. Read more of this post
March 20, 2014 Leave a comment
China’s official figures both understate and overstate inflation
Mar 15th 2014 | HONG KONG | From the print edition
IS CHINA’S economy underheating? Not long ago, many people would have scoffed at the suggestion. The country is known for searing property prices, hot-money inflows and the steam escaping from its financial furnaces. The stock of outstanding credit, broadly defined, climbed to over 180% of GDP at the end of 2013, according to the central bank, and over 215%, according to an even broader measure by Fitch, a ratings agency. Read more of this post
March 20, 2014 Leave a comment
Japan’s pension giant: Risk on; The world’s largest pension fund is changing the way it invests, with big consequences for the market
Mar 15th 2014 | TOKYO | From the print edition
WHEN George Soros, a billionaire investor, met Shinzo Abe, the prime minister of Japan, at Davos in January, he hectored him about asset management. Japan’s massive public pension fund needed to take more risk, he reportedly told Mr Abe. With ¥128.6 trillion ($1.25 trillion) of assets, the Government Pension Investment Fund (GPIF) is the world’s biggest public-sector investor, outgunning both foreign rivals and Arab sovereign-wealth funds. Yet its mountain of money is run by risk-averse bureaucrats using an investment strategy not much more adventurous than stuffing bundles of yen under a futon. It keeps around two-thirds of assets in bonds, mostly of the local variety. Like an investing novice, it mostly follows indices passively, and hardly ventures abroad. Read more of this post
March 20, 2014 Leave a comment
Are credit markets getting frothy again?
Mar 15th 2014 | From the print edition
SETH KLARMAN, who runs Baupost Group, a big hedge fund, is worried. In his latest letter to investors, he writes that “a sceptic would have to be blind not to see bubbles inflating in junk-bond issuance, credit quality and yields.” Recalling the credit boom, he adds that “here we are again, mired in a euphoric environment in which some securities have risen in price beyond all reason…and where caution seems radical and risk-taking the prudent course.” Read more of this post
March 20, 2014 Leave a comment
Brazil’s presidential election: Winning hearts and likes; Social media will play a big part in this year’s campaign
Mar 15th 2014 | SÃO PAULO | From the print edition
IN JUNE Brazil’s elites received a rude introduction to the power of social media. Protests, many convened via Facebook, saw millions take to the streets to air disaffection with politicians. Those same politicians now want to harness social networks for their election campaigns. Read more of this post
March 20, 2014 Leave a comment
Dallying with a monster: In failing to snuff out vigilantism, Mexico is running big risks
Mar 15th 2014 | From the print edition
THE rule of law has long been a stranger to the sweltering lowlands known as the Tierra Caliente in the Mexican state of Michoacán. The site of battles over land in the 1940s and 1950s, the area suffered an exodus of migrant workers to California. In the 1970s the drug trade took root there, attracted by the proximity of the port of Lázaro Cárdenas and the remoteness of the federal government in Mexico City. Not content with trafficking methamphetamines, the latest mafia to lord it over the Tierra Caliente, the whimsically named “Knights Templar”, established a tight grip over its invertebrate society, co-opting local authorities, extorting protection money and raping women. Read more of this post
March 20, 2014 Leave a comment
Egypt’s tourism firms: It’s murder on the Nile
Mar 14th 2014, 11:08 by A. F. | CAIRO
KARIM EL SHARKAWY, the boss of Tarot Tours Garranah, one of Egypt’s biggest tourism operators, clocks in every morning at the firm’s offices in Cairo, and expects his staff to do the same. Strict timekeeping is a new experience for his employees. But the company, like its rivals, is having to do all it can to contain costs as it suffers a fierce downturn with no end in sight. Read more of this post
March 20, 2014 Leave a comment
Fighting corruption in India: A bad boom; Graft in India is damaging the economy. The country needs to get serious about dealing with it
Mar 15th 2014 | From the print edition
IN THE early hours of February 20th 2010 Uday Vir Singh, an Indian forestry officer, bluffed his way past a private militia guarding a dusty port called Belekeri. For months suspicious-looking convoys of trucks had been thundering across India to the port’s quays on the country’s west coast, just south of the Goan beach where the super-spy mayhem which opened “The Bourne Supremacy” was filmed. Read more of this post
March 19, 2014 Leave a comment
A professor of literature explains why he loves books
Mar 15th 2014 | From the print edition
The Unexpected Professor: An Oxford Life in Books. By John Carey. Faber & Faber; 361 pages; $23.81 and £18.99. Buy from Amazon.com, Amazon.co.uk
IN HIS blog, which is largely dedicated to the keeping of bees, John Carey, for 30 years a professor of English literature at Oxford, states that he writes to “stimulate and involve the general reader”. This autobiography, written with sympathy, a light touch and a sardonic sense of humour, amply fulfils that aim. It suggests that this well-known book reviewer and author retains strong opinions and a love of controversy—writers who thought his reviews hurtful once formed an anti-Carey club—but also portrays a sensitive man dedicated to academic study and to reading. He admits that “courage matters more than understanding poetry” but, having read almost everything there is to read, he is unapologetic about trying to convey just what an enjoyable activity reading is. Read more of this post
March 19, 2014 Leave a comment
Karl Ove Knausgaard: Northern light; One of Europe’s most remarkable literary talents explains the autobiography that made his name
Mar 15th 2014 | OSTERLEN, SWEDEN | From the print edition
THE man standing on the platform at Ystad station, in southern Sweden, looks more like a grunge rocker than a literary superstar: long hair, beard, scuffed boots, glowing cigarette, hat pulled down against the bitter cold. His white van is so grimy that it is almost black. The stereo blasts out at full volume. There is a fearsome-looking dog cage in the back. Read more of this post
March 19, 2014 Leave a comment
Entrepreneurship: The art of the struggle; A new book about startups should be required reading for business-builders everywhere
Mar 15th 2014 | From the print edition
The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers. By Ben Horowitz. Harper Business; 289 pages; $29.99. Buy from Amazon.com,Amazon.co.uk
THESE are halcyon days in Silicon Valley and other hives of entrepreneurship around the world. Barely a week goes by without some newly minted billionaire hitting the headlines and some bizarrely named young company getting an eye-wateringly high valuation from financiers. But for every starry success there will be a multitude of failures, and it is easy to forget that the job of an entrepreneur is often nasty, brutish and in danger of being cut short by impatient investors, rebellious co-founders and other hazards. Read more of this post
March 19, 2014 Leave a comment
The 8 Digital Trends That Will Change The Future Of Advertising
AARON TAUBE ADVERTISING MAR. 14, 2014, 11:20 PM
The digital advertising ecosystem is rapidly evolving these days, as marketers continue to adapt to new platforms, devices, and ad formats. Read more of this post
March 19, 2014 Leave a comment
https://www.youtube.com/watch?v=RcGyVTAoXEU
This Incredible TED Talk Shows How Changing Your Perception Of Stress Could Save Your Life
RICHARD FELONI STRATEGY MAR. 14, 2014, 10:38 PM
When Kelly McGonigal first told her audience that a belief in the harmful effects of stress — and not stress itself — was a serious health risk, many people laughed. Read more of this post
March 19, 2014 Leave a comment
The Beautifully Simple Method Archimedes Used To Find The First Digits Of Pi
ANDY KIERSZ FINANCE MAR. 14, 2014, 10:47 PM
Happy Pi Day! It’s March 14, or 3/14, matching the first three digits of π.
π is one of the fundamental constants of mathematics: the ratio of a circle’s circumference to its diameter. Read more of this post
March 19, 2014 Leave a comment
WARREN BUFFETT: ‘Stay Away From Bitcoin. It’s A Mirage’
ROB WILE MARKETS MAR. 14, 2014, 8:33 PM
On CNBC just now, Warren Buffett said the following when asked of Bitcoin’s potential.
March 19, 2014 Leave a comment
Samsung’s Failure To Develop Great Software Made Google Feel Comfortable Selling Motorola
JAY YAROW TECH MAR. 15, 2014, 12:03 AM
Ever since Samsung became the dominant Android phone company, people have predicted that eventually Samsung would “fork” Android. Read more of this post
March 19, 2014 Leave a comment
THE INTERNET OF SMELLS: Startups Race To Cash In On The Latest Fad
AARON GELL HOME MAR. 15, 2014, 8:32 PM
“Today we’re going to show you the world’s first olfactive message.”
Harvard professor David Edwards is sitting on the back of a couch at Le Laboratoire, the art and design studio he opened in Paris seven years ago. His casual perch and thick-rimmed glasses make him look more student than teacher, but the thicket of gray in his stubble gives him away. Read more of this post
March 19, 2014 Leave a comment
MIT Has An Awesome Fish Robot That’s Just Like The Real Thing
DYLAN LOVE TECH MAR. 15, 2014, 8:04 PM
MIT researchers have designed and built an impressive fish robot, we learned via CrazyEngineers.
The robot moves underwater autonomously and can accurately replicate a high-speed maneuver called the C-turn, which its living fish counterparts use to evade prey. MIT’s creation can pull off the move in 100 milliseconds, exactly the amount of time required for a biological fish to execute it. Here it is, mid-maneuver: Read more of this post
March 19, 2014 Leave a comment
3/12/2014 at 7:30 PM
The Imaginary Epidemic of Envy in America
Conservatives used to say all the time that envy doesn’t work in American politics, that Americans admire the rich rather than begrudge them their fortune. They rarely say that anymore. Instead they warn that Americans resent the rich too much, that our noxious resentment carries all sorts of dangerous side effects. American Enterprise Institute president Arthur Brooks wrote a column in the Sunday New York Times earlier this month warning, “a national shift toward envy would be toxic for American culture,” and then asserted such a shift is already under way. Another Times column a week later, by Harvard economist Sendhil Mullainathan, who is not even a conservative, likewise frets that rampant envy “has made us less pragmatic and more dogmatic.” Read more of this post
March 19, 2014 Leave a comment
8 pronunciation errors that made the English language what it is today
Think hyperbole rhymes with Super Bowl? Don’t worry, it could be the start of something beautiful
theguardian.com, Tuesday 11 March 2014 10.00 GMT
Someone I know tells a story about a very senior academic giving a speech. Students shouldn’t worry too much, she says, if their plans “go oar-y” after graduation. Confused glances are exchanged across the hall. Slowly the penny drops: the professor has been pronouncing “awry” wrong all through her long, glittering career. Read more of this post
咬定青山不放松，立根原在破岩中。 千磨万击还坚劲，任尔东西南北风。
Bamboo Innovator 