Sorry S&P, America Still Beats the Isle of Man
August 10, 2011
[Guest post by Alex Klein.] In the past week, the media and government have justifiably exhausted all possible ways of beating up on S&P. Although juicy, as I’ve argued before, these criticisms are coming a year too late.
Don't Be Evil
July 13, 2011
In the Plex: How Google Thinks, Works, and Shapes Our Lives By Steven Levy (Simon & Schuster, 423 pp., $26) The Googlization of Everything (And Why We Should Worry) By Siva Vaidhyanathan (University of California Press, 265 pp., $26.95) I. For cyber-optimists and cyber-pessimists alike, the advent of Google marks off two very distinct periods in Internet history. The optimists remember the age before Google as chaotic, inefficient, and disorganized.
EXCLUSIVE: New Forensic Details About Weinergate Photo
June 01, 2011
As the Anthony Weiner Twitter whodunit trundles on into almost a full week, it remains unclear where the now-infamous photo came from. To help shed some light on this, I contacted Hany Farid, a renowned expert in forensic photographic image analysis.
The Love of Monopoly
May 19, 2011
Network Nation: Inventing American Telecommunications By Richard R. John (Belknap Press, 520 pp., $39.95) Once upon a time, some thought it obvious that competition was a bad thing, particularly in communications. As Theodore Vail, the president of AT&T, put it in 1913, “The public as a whole has never benefited” from competition. Monopoly, he said, was the better choice. The reason, he argued, is that “all costs of aggressive, uncontrolled competition are eventually borne, directly or indirectly, by the public.” Nowadays corporate executives carefully avoid expressing such sentiments.
LinkedIn vs. Facebook: Showdown
May 18, 2011
LinkedIn is the name on everyone's lips today on Wall Street. The business-focused social networking site announced it will be offering shares at an initial price of $45, with LinkedIn valued at $4.3 billion. Some market watchers think the price is too high, but others believe LinkedIn could lead another round of big internet IPOs. (When the company initially announced its IPO, observers expected a valuation of $2 billion, and in early May LinkedIn was still predicted to be valued at $3 billion; in the past week, the IPO price has gone up $10.
Can Skype Help Teach English?
May 10, 2011
This morning, Microsoft announced it is purchasing Internet phone company Skype for $8.5 billion. Market analysts interpreted the technology giant's latest acquisition as an attempt to compete in the communications market with Google, Apple, and other rivals who have made big strides into the internet telephony market. There's no disputing Skype's popularity: Over 660 million users have signed up, and, on average, upwards of 25 million of those users are online at any given moment.
The Playstation 3 and Xbox 360: Who Needs Body Movement?
April 21, 2011
Video game blog Kotaku reported Wednesday that neither the next Microsoft Xbox nor the next Sony Playstation will be released until 2014 at the earliest, almost a decade after the current generation of video game consoles were introduced.
Are U.S. Financial Markets Sending Manufacturing Jobs to China?
January 19, 2011
Consternation over the loss of manufacturing jobs to China was aroused again recently when Evergreen Solar announced that it would move 800 manufacturing jobs from a decommissioned Devens, Mass. military base to China. In an article by Keith Bradsher of The New York Times, Evergreen’s CEO claims that producing in China is more competitive because its local governments offer partnerships that bring very low-interest rate loans from state-owned banks compared to what U.S banks were offering. For U.S.
Wikileaks and the Cyberwars to Come
December 14, 2010
The childish panic that has swept the policy establishment over the past few weeks over the Wikileaks revelations themselves will soon subside.
How Obama Was Brainwashed by the Microsoft Theory of Foreign Aid
September 27, 2010
With the fatuousness that has marked his administration from the outset, the U.N. secretary general, Ban Ki Moon, has now issued a document called “Keeping the Promise,” timed to coincide with the 2010 meeting of the U.N. General Assembly and the summit on the organization’s so-called Millennium Development Goals that is taking place simultaneously.