R.E.S.-ilience in Value Creation 《竹经：经商经世离不得立根创新》
March 18, 2014 Leave a comment
March 14, 2015 Will Be A Once-In-A-Century Thrill For Math Geeks
SAM RO FINANCE MAR. 14, 2014, 6:00 AM
Anyone who remembers middle school geometry knows at least a little bit about Pi, the ratio that allows us to compute the circumference, area, and volume of round things. Read more of this post
March 18, 2014 Leave a comment
The Deepest Self
MARCH 13, 2014
There is, by now, a large literature on the chemistry and biology of love and sex. If you dive into that literature, you learn pretty quickly that our love lives are biased by all sorts of deep unconscious processes. When men become fathers, their testosterone levels drop, thus reducing their sex drive. There’s some evidence that it’s the smell of their own infants (but not other people’s infants) that sets this off. Read more of this post
March 18, 2014 Leave a comment
March 14, 2014 8:12 am
Pick gene pool with care on family concerns
By Neil Collins
While Keswicks nurture, newer families piggy-bank raid
Sir Henry Keswick maintains that shares in Jardine Matheson have outperformed those in Berkshire Hathaway, the stock widely considered about the best long-term investment on the planet. Well, it depends where you start, but Jardine shares have multiplied 10 times in 12 years, never mind the dividends. Read more of this post
March 18, 2014 Leave a comment
Mercuria: A Commodity Trading Powerhouse’s Quiet Rise
By Andy Hoffman and Chanyaporn Chanjaroen March 13, 2014
In less than a decade, Marco Dunand and Daniel Jaeggi have built Mercuria from a 10-person company supplying oil to a pair of Polish refineries into the world’s fourth-largest commodity trader, with revenue topping $100 billion last year. They’re not stopping there. Dunand and Jaeggi are on the verge of striking a deal to buy JPMorgan Chase’s (JPM) $3.3 billion commodities unit, according to two people with knowledge of the situation. “This gives them a strong opportunity for growth and puts them close to the top players in the league,” says Roland Rechtsteiner, a partner at management consultant Oliver Wyman. “Scale is going to be more important than ever.” Read more of this post
March 18, 2014 Leave a comment
Hedge Funds’ Big Bet on Fannie and Freddie May End Up Worthless
By Jody Shenn March 13, 2014
Almost six years after bad home loans crippled the economy, Perry Capital and other big hedge funds are battling the government over the future of mortgage companies Fannie Mae (FNMA) and Freddie Mac (FMCC), which needed taxpayer bailouts to survive. If the investors prevail in the courts or in Congress, they could enjoy one of the biggest paydays in history. And Todd Westhus, who spearheaded Perry Capital’s purchase of Fannie and Freddie preferred shares when they were trading for pennies in 2010, could join the ranks of hedge fund legends George Soros and John Paulson. The bet on the once-battered stocks is “the biggest distressed trade in history,” says David Ford, co-founder of hedge fund Latigo Partners, which owns shares in Fannie and Freddie. Read more of this post
March 18, 2014 Leave a comment
March 14, 2014 4:06 am
Planet Labs aims for new frontier of image data
By Tim Bradshaw in San Francisco
Just a few years ago Ordnance Survey, Britain’s national mapping agency, boasted that its map of every corner of the country was updated at least once every 18 months. “That’s a lot of change,” it said in a 2011 blogpost. Read more of this post
March 18, 2014 Leave a comment
March 14, 2014 6:46 am
Li Ka-shing steps back from ports business
By Paul J Davies in Hong Kong
Two of Hong Kong’s biggest tycoons have taken diverging approaches in adjusting their portfolios, as Cheng Yu Tung’s sprawling New World Development group said it would reacquire its Chinese arm while Li Ka-shing took a step away from his ports business. Read more of this post
March 18, 2014 Leave a comment
March 14, 2014 8:33 am
There are no runners-up in this tech boom
By Henny Sender
Business models are more profitable but competition is rampant
Silicon Valley is known for its paranoia. It is understandable that the entrepreneurs and venture capitalists who finance business there are looking over their shoulders wondering who next is going to marginalise their companies and their investments. Tech companies can have an incredibly short life – the definition of cool can change in a nanosecond. Read more of this post
March 18, 2014 Leave a comment
March 13, 2014 6:00 am
Europe’s coco bonds risk turning into coco pops
By Ralph Atkins
Danger of safety valves turning into poor deal for investors
Beware financial innovation – this was an important lesson of the global financial crisis. Regulators and investors have become wise to “financial market engineering” – the dreaming up by bankers of new ways of apparently spreading risks. Read more of this post
March 18, 2014 Leave a comment
March 14, 2014 9:06 am
Widodo to contest Indonesian presidency
By Ben Bland in Jakarta
Former Indonesian president Megawati Sukarnoputri has ended months of speculation by selecting the country’s most popular politician, Jakarta governor Joko Widodo, as her party’s candidate for July’s transformative presidential election. Read more of this post
March 18, 2014 Leave a comment
March 13, 2014 12:40 pm
Games creators ask investors to play along
By Richard Waters
‘Candy Crush’ maker’s IPO shines a spotlight on a current bonanza
Why would any sane investor put money into a business that depends on the fickle abilities of a creative few to deliver blockbuster hits? Read more of this post
March 18, 2014 Leave a comment
Last updated: March 13, 2014 3:38 pm
Silicon Valley is turning our lives into an asset class
By Evgeny Morozov
Tech titans with better data and engineers will disrupt Wall Street, writes Evgeny Morozov
In the past few decades, Wall Street has made finance a central feature of both the global economy and of our everyday lives – a process often described as “financialisation”. Silicon Valley, almost contemporaneously, has done the same for digital media technologies. That process, too, has a fancy name: “mediatisation”. Read more of this post
March 18, 2014 Leave a comment
Yo, Broadway, It’s Rocky!
TERRY TEACHOUT
March 13, 2014 10:00 p.m. ET
Rocky
Winter Garden Theatre, 1634 Broadway ($79-$143)
212-239-6200/800-432-7250
New York
It’s been four decades since Sylvester Stallone turned himself into the unlikeliest of screen superstars by playing a small-time Philadelphia boxer who longs to be a contender. Now “Rocky,” a no-budget quickie that grossed $225 million, won the best-picture Oscar and spawned five sequels, has become a big-budget Broadway musical with a score by Lynn Ahrens and Stephen Flaherty (“Ragtime”) and a book co-written by Mr. Stallone and Thomas Meehan (“Annie,” “The Producers”). That’s a high-toned pedigree, especially for a musical based on a movie that the cognoscenti long ago wrote off as a lowbrow joke. Read more of this post
March 18, 2014 Leave a comment
Robert Rickel, a Founder of Hardware Supermarkets, Dies at 90
By KATIE THOMASMARCH 13, 2014
Robert Rickel, who along with two brothers founded a chain of home improvement stores that were precursors to retail giants like Home Depot and Lowe’s, died on Sunday at his home in Boca Raton, Fla. He was 90. Read more of this post
March 18, 2014 Leave a comment
March 13, 2014, 11:43 AM ET
Building an App Portfolio for Innovation
By Ron Tolido
Show me your application landscape, and I’ll tell you about your organization. Computer programmer Melvin Conway noted in 1968 that the interface structure of software systems is destined to reflect the organization that produces it. This eventually became known as Conway’s Law. Read more of this post
March 18, 2014 Leave a comment
March 13, 2014, 11:06 AM ET
Antisocial: Why New Communication Tools Aren’t Catching on Faster at Work
STEVE ROSENBUSH
Deputy Editor
The growth of new customers at Jive Software Inc.JIVE -0.45% reportedly has slowed, and the company is said to have put itself on the block, potentially raising questions about the outlook for a new generation of tools for collaboration and communication at work. Read more of this post
March 18, 2014 Leave a comment
DreamWorks Studio Needs a New Script
Struggling Studio, Born of SKG ‘Dream Team,’ Strives Not Just for a Hit, but a Franchise
BEN FRITZ
March 13, 2014 4:02 p.m. ET
DreamWorks is hoping a car-chase movie based on the videogame ‘Need for Speed’ can revive the company. Ben Fritz reports on the News Hub. Photo: Dreamworks II. Read more of this post
March 18, 2014 Leave a comment
Mar 14, 2014
Samsung to Investors: In Turmoil, We’ll Keep the Money
Samsung Electronics005930.SE -1.16% co-CEO Kwon Oh-hyun wants to return more of the company’s $50 billion cash pile to investors.
But he says he can’t. Read more of this post
March 18, 2014 Leave a comment
Dolby Targets the Conference Call
Company to Add Speakerphone to Its Effort
DON CLARK
March 13, 2014 5:30 p.m. ET
Dolby Laboratories Inc. DLB -1.05% built a brand by enhancing sound in recorded music, movies and television shows. Now it’s targeting a fixture of the business world—the conference call. Read more of this post
March 18, 2014 Leave a comment
WhatsApp Faces New Challenge
Security Researcher Raises Possible Privacy Issue for Messaging Service
REED ALBERGOTTI
Updated March 13, 2014 7:50 p.m. ET
A security researcher says he has discovered a potential privacy issue in text-messaging service WhatsApp that occurs when users switch phone numbers. WSJ’s Reed Albergotti joins digits. Read more of this post
March 18, 2014 Leave a comment
The Wrong Way to Liberalize China’s Rates
More market distortions will come if Beijing doesn’t first tackle other problems.
YUKON HUANG
March 13, 2014 12:14 p.m. ET
Recent statements from Beijing make clear that leaders intend to push forward with financial-market reform by liberalizing interest rates and allowing easier cross-border capital flows as China internationalizes its currency. Many observers are cheering because this is exactly what foreigners and not a few local economists have urged Beijing to do for years now. But it isn’t clear that these policies are right for China at this time, and the wrong reform steps now could further distort financial markets that are already badly distorted. Read more of this post
March 18, 2014 Leave a comment
Oil Stays Thick in China Downturn
ABHEEK BHATTACHARYABy
March 14, 2014 1:57 a.m. ET
As China’s slowdown becomes clearer, the ground is shaking beneath commodities bulls’ feet. Yet there is one corner of the commodities markets that can relax somewhat easier—oil. Read more of this post
March 18, 2014 Leave a comment
Latest Bitcoin Craze? Actual Bank Vaults
Startup Xapo Raises $20 Million to Store Digital Currency Underground
EVELYN M. RUSLI
Updated March 13, 2014 4:01 p.m. ET
Bitcoin was supposed to be a frictionless digital currency that required no banks or intermediaries. Read more of this post
March 18, 2014 Leave a comment
China Suspends Two Forms of Smartphone Payments
Central Bank Halts Use of QR Codes and Virtual Credit Cards
PAUL MOZUR
Updated March 14, 2014 1:27 a.m. ET
BEIJING—China’s central bank is temporarily suspending the use of two forms of smartphone payments in a setback for China’s two largest Internet companies as they try to gain a larger share of the online finance market. Read more of this post
March 18, 2014 Leave a comment
Chinese Authorities Halt Virtual Credit Card Payments; Tencent, Yahoo Crashing
Tyler Durden on 03/13/2014 23:11 -0400
The PBOC issued a statement today, according to 21st Century Business Herald, that halts virtual credit card products and “face-to-face” payment services such as QR code payment: Read more of this post
March 18, 2014 Leave a comment
China’s central bank halts Tencent, Alibaba mobile payment process
1:16am EDT
By Hongmei Zhao and Heng Xie
HONG KONG/BEIJING (Reuters) – China’s central bank demanded on Friday that payments made by scanning a bar code with mobile devices be halted, hitting the payment arms of Internet companies Tencent Holdings Ltd and Alibaba Group Holding, amid concerns over the security of their verification procedures. Read more of this post
March 18, 2014 Leave a comment
Panasonic to pay China expats extra for smog
Friday, March 14, 2014 – 10:42
AFP
TOKYO – Japanese electronics giant Panasonic said Thursday it would give employees sent to China a wage premium to account for the country’s hazardous air pollution, in a possible first for an international company. Read more of this post
March 18, 2014 Leave a comment
SBY Shares His Thoughts on Upcoming Elections
By Shoeb K. Zainuddin on 08:45 am Mar 12, 2014
President Susilo Bambang Yudhoyono, second from left, accompanied by Vice President Boediono, second from right, and a press conference regarding the replacement of Trade Minister Gita Wirjawan, left, with Muhammad Luthfi, right, in Jakarta on February 12, 2014. (Rugapres Photo/Abror Rizki) Read more of this post
March 18, 2014 Leave a comment
In Public Housing, the Rot of Corruption
By Jakarta Globe on 10:10 pm Mar 12, 2014
The Public Housing Ministry has come under the public glare as officials in East Nusa Tenggara investigate the possible embezzlement of funds allocated for the construction of houses for low-income residents in nine districts there. Read more of this post
March 18, 2014 Leave a comment
Microsoft poised to fight back as iPad generation shuns Office
3:40pm EDT
By Gerry Shih and Bill Rigby
SAN FRANCISCO/SEATTLE (Reuters) – It may be one of Microsoft Corp’s biggest squandered opportunities.
Tired of waiting for Office to be optimized for their mobile gadgets, a growing contingent of younger companies is turning to cheaper, simpler and touch-friendly apps that can perform word processing and other tasks in the cloud. 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 