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Oracle Buys Sun

    πŸ“‚ Financial,Internet         πŸ—¨ No Comments

When today I heard the news of Oracle buying Sun Microsystems, my first thought was that I wished I had picked up some JAVA shares after the IBM deal had fallen through. It was just a matter of time before a suitor would snap it up. My second thought was about its impact on the — Continue reading Β»

Facebook Backsliding

    πŸ“‚ Social,Web         πŸ—¨ No Comments

Not being much of a social person, I've never had much interest in the social aspect of Facebook, but being naturally inquisitive, I have my own account there just to kick the tires, so to speak. I think the clean design and the API library were appealing at first. But shortly after, the novelty wore — Continue reading Β»

Your Favorite Pet Name

    πŸ“‚ Hacking,Web         πŸ—¨ No Comments

A couple of years ago a few sites started collecting answers to a few personal questions. The idea was to strengthen security by integrating a few personal questions to the authentication process. It also would help unlock accounts in case users forgot their passwords. After all the questions were private enough that only the account — Continue reading Β»

Credit Ratings Knocks

    πŸ“‚ Financial         πŸ—¨ No Comments

Years ago when I was a rookie employee at GE, fresh out of college, I was introduced to GE Interest Plus, offering a checking account with a competitive interest rate. I began saving my money there without realizing that this really wasn't a regular bank account. It wasn't their fault, the fact that they weren't — Continue reading Β»

Ponzi Sentencing

    πŸ“‚ Law,Social         πŸ—¨ No Comments

I have to admit to a bit of sympathy for the convicted schemer, Bernie Madoff, when I saw his picture today (he pleaded guilty today). I suppose if I had lost my life's savings in his game, I wouldn't be so forgiving. There's probably something about sentencing frail old men or women that gives it — Continue reading Β»

Circuit City Goodbye

    πŸ“‚ Business,Financial         πŸ—¨ No Comments

Last week, walking by a Circuit City store at lunch time, I noticed a few people out on the street holding liquidation signs. Tempted, I went inside the store and took a look around the near-empty and dark store with few remaining items collected in the front of store. There were slim pickings and but — Continue reading Β»

GE Below Cisco

    πŸ“‚ Financial         πŸ—¨ No Comments

Add this to the list of things you thought would never happen. GE's market capitalization of around $80B today is almost the same as those of Apple or Oracle. It’s less than those of Cisco or Google or IBM. General Electric, the conglomerate blue-chip company that once was known as the most admired with the — Continue reading Β»

Housing Market

    πŸ“‚ Financial         πŸ—¨ No Comments

The stock market is going through tough times. Look at your battered 401k statement, if you dare, and you'll know how bad things are. Yesterday the DJIA barely hovered above the 7,000 mark. That's a 12-year low and some are still calling for more, a lot more, pain ahead. Short positions are now firmly in — Continue reading Β»

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