fall
Why It Doesn’t Matter That You Thought of it First
Source: http://gizmodo.com/5901680/why-it-definitely-doesnt-matter-that-you-thought-of-it-first
Oh, man, the iPad? I totally thought of that back in 1998. And good for you! Here’s a handy flow chart that explains exactly why no one cares. Which I totally thought of drawing up myself last fall. [Doghouse Diaries]
iPhone becomes top-selling cellphone in Japan over the Fall quarter, gives Sharp a run for its money
Source: http://www.engadget.com/2012/03/09/iphone-top-selling-japan/
IDC: iPhone becomes top-selling cellphone in Japan over the Fall quarter, gives Sharp a run for its money originally appeared on Engadget on Fri, 09 Mar 2012 10:40:00 EDT. Please see our terms for use of feeds.
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I Read 21 Books About The Financial Crisis And They Explained Nothing
Source: http://www.businessinsider.com/andrew-lo-21-books-financial-crisis-2012-2
Ever thought you would have to read 21 books to get to the bottom of what caused the financial crisis?
Andrew Lo, an economist at MIT, has some bad news: it’s going to take at least 22.
Lo, a leading expert on hedge funds and financial engineering, has written a paper (h/t NPR) for the Journal of Economic Literature describing his experience reading 21 books on the crisis — nine by journalists, 11 by academics and one by a former Treasury Secretary.
His conclusion: In a field that prides itself on its scientific rigor (however dismal), the books reveal that alarmingly few facts about the crisis have been agreed upon. Was there too little or too much regulation? How much of a factor were low interest rates? No one’s been able to say conclusively.
“After each book, I felt like I knew less,” Lo told NPR’s Planet Money.
Economics, he says, has fallen well short of that standard when it comes to understanding the crisis:
“Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality.”
Read Andrew Lo’s Reading About the Financial Crisis: A 21-Book Review >
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See Also:
- Goldman In Talks To Hire Former Geithner Aide To Lead Communication Effort
- Lloyd Blankfein Just Fired His Fall Guy, But Goldman’s Problems Aren’t Going Away
- Here’s The Will Ferrell Super Bowl Ad For Old Milwaukee That You Missed
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Cablevision reports Q3 earnings, sees profit fall by 65 percent, drop in video subscribers
Source: http://www.engadget.com/2011/10/31/cablevision-reports-q3-earnings-sees-profit-fall-by-65-percent/
It’s safe to say that Q3 2011 probably won’t be remembered as Cablevision‘s finest. According to the provider’s latest earnings report, profits declined by a full 65 percent over the year, with net income plunging to $39.3 million this quarter, compared with the $112.1 million it raked in during the third quarter of 2010. The company also reported a loss of 19,000 video subscribers during Q3, though it added 17,000 broadband customers and 38,000 telephone subscribers. Total customers, however, declined by 15,000 over the past three months. Revenue, meanwhile, increased by eight percent to $1.7 billion, though the New York-area operator lost about $16 million to Hurricane Irene — not to mention all those legal fees. Smell that? That’s a big platter of PR, sitting right there after the break.
Cablevision reports Q3 earnings, sees profit fall by 65 percent, drop in video subscribers! origina lly appeared on Engadget on Mon, 31 Oct 2011 07:01:00 EDT. Please see our terms for use of feeds.
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