How many Clark Griswolds at Google were counting on their Christmas bonus to pay for a new swimming pool only to discover they were enrolled in the Jelly-of-the-Month club? From Alley Insider:
Thanks probably to the economy, a tough quarter, and a new tight-fisted CFO, Google employees who usually get cash for holiday bonuses will instead get re-branded T-Mobile cell phones running Google’s mobile operating system, Android.
“This is a chance for us to once again dogfood a product and make it even better!” reads what Gawker editor Owen Thomas says is a memo from Google management to employees.
I’m willing to bet that more than a few employees had some choice words for Frank Shirley, er, Patrick “the Machete” Pichette:
How many Clark Griswolds at Google were counting on their Christmas bonus to pay for a new swimming pool only to discover they were enrolled in the Jelly-of-the-Month club? From Alley Insider:
Thanks probably to the economy, a tough quarter, and a new tight-fisted CFO, Google employees who usually get cash for holiday bonuses will instead get re-branded T-Mobile cell phones running Google’s mobile operating system, Android.
“This is a chance for us to once again dogfood a product and make it even better!” reads what Gawker editor Owen Thomas says is a memo from Google management to employees.
I’m willing to bet that more than a few employees had some choice words for Frank Shirley, er, Patrick “the Machete” Pichette:
Fed Throws the Dollar to the Wolves Resulting in the Biggest 6-Day Decline Ever
Maybe it’s just me but given the sad state of the economy you’d think people would go the extra mile to earn business. I’m finding the exact opposite. It’s a sort of depressed acquiescence with a dash of incompetence.
Fed Throws the Dollar to the Wolves Resulting in the Biggest 6-Day Decline Ever
Maybe it’s just me but given the sad state of the economy you’d think people would go the extra mile to earn business. I’m finding the exact opposite. It’s a sort of depressed acquiescence with a dash of incompetence.
The Philadelphia Bank Index tracks the stock performance of the twenty-or-so (with all the failures/emergency mergers it’s tough to really keep close count) largest banks in the country. It has lead the stockmarket’s selloff with about a 50% decline in 2008.
It has rallied since the dramatic selloff late last month but is running into some stiff resistance (45-50) currently. Whether it can manage to surmount it out or not will tell us much about the strength of the current rally.
The RIAA has finally come around to the idea that bullying it’s biggest fans is probably not good for business. Wired reports:
After suing over 35,000 people since 2003, the RIAA has reached agreements with undisclosed ISPs to throttle or shutter subscribers’ internet connections if they ignore warnings to stop sharing music. The process would replace a “subpoena, settle or sue” process that has been expensive for the RIAA, since it requires the organization to go through the country’s legal system in order to pressure those it suspects of sharing music without permission…
Music fans may feel some relief that sharing music will no longer put them at risk of a lawsuit, assuming their ISP is one of those that has agreed to the plan. However, the biggest beneficiary of the new deal is the RIAA itself, which has seen its investigative techniques questioned and suffered key setbacks in court while paying extensive attorneys’ fees to pursue cases through the normal legal channels…
Yet despite all of this time and money being spent suing file sharers, the RIAA has never successfully sued a single alleged file sharer whose the case went to trial.
Considering the fact that 95% of kids “pirate” music and the RIAA hasn’t been able to bring one successful suit against them, I’d say this is a small, first step in sort of the right direction for the music industry. It still has a long way to go if it intends to succeed in the modern world.
The Philadelphia Bank Index tracks the stock performance of the twenty-or-so (with all the failures/emergency mergers it’s tough to really keep close count) largest banks in the country. It has lead the stockmarket’s selloff with about a 50% decline in 2008.
It has rallied since the dramatic selloff late last month but is running into some stiff resistance (45-50) currently. Whether it can manage to surmount it out or not will tell us much about the strength of the current rally.
Bio: Jesse Felder founded Felder & Company in 2000 as an independent investment advisor. Jesse oversees both the company's proprietary investment research and managed investment accounts. He is also the editor of the company's monthly newsletter "The Felder Report."