It was barely 10 days ago when the news broke of Amazon's Bezos investing $5 million is Blodget's web site, Business Insider. Most saw it as Bezos' genius investing in the up and coming web site. I just saw it as one pal taking care of another, as Blodget has been a vociferous support for — Continue reading »
Amazon's Gross Margin
📆 January 25, 2013
Much has been said about how Amazon's high stock price is unjustified. This morning my boss sent me a link that reminded me again how ridiculous Amazon's share price has gotten as of late. The article summed it up well by noting that if Apple were to have the same PE ratio as Amazon, its — Continue reading »
Man outsources coding to China
📆 January 17, 2013
Love this story. Software developers are certainly infamous for being lazy. Most of us are, and that drives us to write code to automate things or write utilities to give to others to perform certain tasks. It's all about finding clever ways to make things easier for us and our employers. But one guy took — Continue reading »
Citigroup CEO Resigns
📆 October 16, 2012
Can't say I'm shocked to get the news of Citibank's Vikram Pandit quitting (Citigroup CEO Vikram Pandit resigns | Reuters.) Evidently Citibank's online banking has been an absolute disaster recently. There have been numerous outages, slow response, and unscheduled downtimes. Telephone customer service and tech support have also been horrendous during these outages. Customers are told — Continue reading »
Too Small to Succeed
📆 October 8, 2012
I used to think that the Internet was the great equalizer in the business world. A small guy with programming skills and a big drive sets up a new site and offers a novel service. The service goes viral and the small guy becomes a small company and builds and expands his way to success. — Continue reading »
Oracle's Java Bet
📆 June 11, 2012
A couple of weeks ago a judge finally ruled that Google hadn't violated any patents when it used the Java programming language in its Android OS. Good, finally someone wasn't intimidated by Larry Ellison and ruled based on logic rather than emotion. Word has it that the judge actually took some time to learn Java — Continue reading »
Amazon, a 'Predator'
📆 April 16, 2012
Kudos to this publisher for having the courage and vision to remove its titles from Amazon.com. This is what the CEO of the publishing company said of Amazon: Amazon is squeezing everyone out of business. I don’t like that. They’re a predator. We’re better off without them. Google's mantra of "don't be evil" should really — Continue reading »
Comcast Raises Rates (on Fixed-Price Contracts!)
📆 January 22, 2012
Sometimes I don't know how companies get away with their sleazy tactics, but I guess it's because they are loaded and consumers have little power to stand up to them. Q - If you are Comcast how do you make sure your business customers don't leave you? A - Lock them into long-term, fixed-price service — Continue reading »
Give a few Sats