The Fed's entire balance sheet totaled around $800 billion before the 2008 crash, nearly all of it Treasuries. Now the Fed holds more than double that amount in mortgage derivatives alone, junk that the banks needed to clear off their own balance sheets. Oh, and there's still Greece.
Google recently announced its biggest effort yet to embrace the social networking market through its Google+ project. Google+ has a number of attractive features, which includes letting people share and discuss status updates, photos and links in groups or circles.
Apple famously solved the copy-and-paste touchscreen challenge with their innovative hold-and-drag-corners approach first introduced in iOS 3.0, but is there a better way? Microsoft thinks so. They think they’ve got an even better way to copy text in the latest version of their Bing for iPad app. It
In what must be somewhat embarrassing for Larry Page and Sergey Brin, Facebook CEO Mark Zuckerberg is the most followed user on Google+, according to the Google+ Statistics counter. The Facebook CEO has 21,213 followers, compared to the Google CEO at 14,798, Google social czar Vic Gundotra at 13,
Facebook bought Friendfeed for $50 million just to get its highly talented engineers (co-founder Bret Taylor is now Facebook’s CTO). Last year, Google made a $3.5 million counteroffer to a staff engineer to keep him from going to Facebook. And this year, it paid two top product managers as much as $150 million to keep them from going to Twitter. http://techcrunch.com/2011/07/04/stars-versus-great-teams/
It is a truism in Silicon Valley that star employees are worth ten to one hundred times as much as ordinary employees. This calculus is especially true for software engineers, but also applies to product managers, sales executives, and other key employees. If you are a star performer, the sky's th
Politicians have a real problem in bringing up this issue. As a political leader how do you tell the electorate we have a problem, a shortage of oil, and then tell them you have no solution to this problem. Far better to keep everyone in the dark carrying on as normal and hope a solution comes alon