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		<title>Google&#8217;s Chrome Could Reshape PC Experience</title>
		<link>http://swhitman80.wordpress.com/2009/12/09/googles-chrome-could-reshape-pc-experience/</link>
		<comments>http://swhitman80.wordpress.com/2009/12/09/googles-chrome-could-reshape-pc-experience/#comments</comments>
		<pubDate>Wed, 09 Dec 2009 20:07:43 +0000</pubDate>
		<dc:creator>swhitman80</dc:creator>
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		<description><![CDATA[Google Inc&#8217;s closely watched foray into computer operating systems could speed the development of a new class of cheaper laptops and dramatically advance the netbook paradigm of Web-based computing. Computers running Google&#8217;s less-demanding Chrome OS should be even leaner, simpler and more inexpensive than the already no-frills netbooks that have flooded the market in past [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=swhitman80.wordpress.com&amp;blog=9625151&amp;post=28&amp;subd=swhitman80&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="font-family:Bookman Old Style;font-size:12pt;"><span style="color:black;">G</span><span style="color:#231f20;">oogle Inc&#8217;s closely watched foray into computer operating systems could speed the development of a new class of cheaper laptops and dramatically advance the netbook paradigm of Web-based computing.  Computers running Google&#8217;s less-demanding Chrome OS should be even leaner, simpler and more inexpensive than the already no-frills netbooks that have flooded the market in past years.  In a sign of things to come, some analysts have begun using terms such as &#8220;thin client&#8221; and &#8220;Web appliance&#8221; to describe Chrome PCs, likely a year away from store shelves.  Still, whether consumers will grasp and be comfortable with Chrome laptops is the big question.  But if they gain traction &#8212; likely on second PCs and on portable &#8220;tablet&#8221; computing devices &#8212; they could change the way people use computers.  &#8220;A lot of stars have to align to make this product really successful, but it&#8217;s possible,&#8221; said IDC analyst Richard Shim.&#8221;For folks to get it, it would have to be inexpensive to attract attention, and usage-specific for consumers to understand it.&#8221;<br />
</span></span></p>
<p><span style="color:#231f20;font-family:Bookman Old Style;font-size:12pt;">Google recently gave the press its first peek at Chrome, which it will offer for free to challenge Microsoft Corp, whose Windows runs on nine out of 10 computers.<br />
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<p><span style="color:#231f20;font-family:Bookman Old Style;font-size:12pt;">Chrome is being designed for speed and ease, and will boast super-fast boot times. It is a browser-based system that runs only Web applications, instead of those installed on the PC.  It will not support hard drives. On a Chrome platform, data is primarily stashed online, though some will be stored on the PC via flash memory. That means Web access is a must and widely used programs such as Apple&#8217;s iTunes or Microsoft Word in their current form won&#8217;t work on Chrome PCs.  &#8220;Where Chrome OS is interesting is in secondary PCs,&#8221; said Gordon Haff, an analyst with Illuminata said last week. &#8220;Over time as networks get better, get ubiquitous, get faster, more and more things can be accessed through a browser.&#8221;  Though it&#8217;s too early to say for certain, the cheaper class of laptops might spur yet more price-based competition for an industry struggling to prop up margins in many major markets.  Haff estimated a Chrome device would cost substantially less than some current netbook models, after eliminating the cost for Windows and a hard drive. Many netbooks are currently priced in the $300-$400 range.<br />
</span></p>
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<p><span style="color:#231f20;font-family:Bookman Old Style;font-size:12pt;">No one is claiming that Chrome is for everyone, but Google argues that because consumers mainly use their PCs for Internet tasks, their software should be rooted in the Web.  &#8220;Is that a new paradigm? I think it is,&#8221; said ABI research analyst Jeff Orr. &#8220;It&#8217;s pretty much changing the way people use their machine.&#8221;<br />
</span></p>
<p><span style="color:#231f20;font-family:Bookman Old Style;font-size:12pt;">Orr said markets like Western Europe, where netbooks first caught on and which has good broadband connectivity, should be more receptive to Chrome PCs.<br />
</span></p>
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<p><span style="color:#231f20;font-family:Bookman Old Style;font-size:12pt;">&#8220;The first step is going to be awareness, letting people know that this is an experience that will be different&#8230; Beyond that it&#8217;s going to be more of a function of building trust.&#8221;  Google has said it was working with PC vendors including Hewlett-Packard and Acer, and chipmakers such as Texas Instruments and Qualcomm to build Chrome devices.  Upward of 30 million netbooks are expected to be sold this year in a category that didn&#8217;t exist a few years ago. With low-power processors and limited memory, the devices are mainly good for simple tasks such as Web browsing and email.  The vast majority of netbooks run Windows and feature Intel chips, and many have sizeable hard drives.  Linux-based systems are available on netbooks, but analysts say consumers have been reluctant to use Windows alternatives.  Chrome would certainly represent a change from the familiar Windows environment. It will look like a browser and run from the cloud (a network), where Web applications such as Google Docs and the photo-sharing site Flickr can replicate some of the things that locally installed programs do.<br />
</span></p>
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<p><span style="color:#231f20;font-family:Bookman Old Style;font-size:12pt;">Google said Chrome will run on both Intel Corp&#8217;s x86 chip platform or ARM chips, which are the standard in smartphones but are starting to turn up in netbooks.  Windows PC operating systems don&#8217;t currently work on ARM chips, so Chrome could provide a boost to the fledgling ARM netbook category, analysts say.  A product that just hit the market provides a glimpse at what a Chrome PC might look like. Boston-based start-up Litl has released what it calls a &#8220;Webbook,&#8221; a simple laptop with limited storage.  The product has generated buzz, but its $699 price tag makes it relatively expensive.<br />
</span></p>
<p><span style="color:#231f20;font-family:Bookman Old Style;font-size:12pt;">The Litl operating system is focused on the browser. Users keep their content organized on a series of cards.<br />
</span></p>
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<p><span style="color:#231f20;font-family:Bookman Old Style;font-size:12pt;">&#8220;We decided to do a fresh take on what a computer would be like if it was totally for and of the Web,&#8221; Litl founder and Chief Executive John Chuang said in an interview last month.<br />
</span></p>
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		<title>Bank of America to repay TARP money</title>
		<link>http://swhitman80.wordpress.com/2009/12/03/bank-of-america-to-repay-tarp-money/</link>
		<comments>http://swhitman80.wordpress.com/2009/12/03/bank-of-america-to-repay-tarp-money/#comments</comments>
		<pubDate>Thu, 03 Dec 2009 04:37:32 +0000</pubDate>
		<dc:creator>swhitman80</dc:creator>
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		<description><![CDATA[Bank of America (BAC) said this afternoon that it plans to repay all of the $45 billion received from the government in last fall&#8217;s financial crisis some time before the end of the year.   The repayment would be made using resources the banking giant already has and envisions the sale of $18.8 billion in new [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=swhitman80.wordpress.com&amp;blog=9625151&amp;post=27&amp;subd=swhitman80&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p style="background:white;"><span style="font-family:Bookman Old Style;font-size:14pt;"><span style="color:#333333;"><strong>Bank of America</strong> (<a href="http://moneycentral.msn.com/detail/stock_quote?symbol=bac"></span><span style="color:#07519a;text-decoration:underline;">BAC</span><span style="color:#333333;">) said this afternoon that it plans to repay all of the $45 billion received from the government in last fall&#8217;s financial crisis some time before the end of the year.<br />
</span></span></p>
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<p style="background:white;"><span style="color:#333333;font-family:Bookman Old Style;font-size:14pt;">The repayment would be made using resources the banking giant already has and envisions the sale of $18.8 billion in new securities and stock.  Many analysts believe the move will help the bank recruit a new chief executive to replace Ken Lewis, who plans to retire at the end of the year.<br />
</span></p>
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<p style="background:white;"><span style="color:#333333;font-family:Bookman Old Style;font-size:14pt;">It will remove the compensation constraints imposed by the government on financial institutions that needed government aid to survive the 2008 panic.  It will certainly help the candidacy of Greg Curl, the company&#8217;s chief risk officer, who developed the plan. He is widely believed to be the strongest internal candidate for Lewis&#8217; job and may be the interim CEO after Lewis leaves.<br />
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<p style="background:white;"><span style="color:#333333;font-family:Bookman Old Style;font-size:14pt;">The $45 billion was received under the government&#8217;s Troubled Asset Recovery Program, or TARP. About $25 billion was forwarded to Bank of America in October.  The remaining $20 billion was extended in January as part of a package designed to help the company complete its controversial acquisition of brokerage giant <strong>Merrill Lynch</strong>.  The package also included a guarantee of $118 billion in assets as well as warrants to buy additional shares. The government will have to sell those warrants.<br />
</span></p>
<p style="background:white;"> <br />
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<p style="background:white;"><span style="color:#333333;font-family:Bookman Old Style;font-size:14pt;">The TARP repayment means that Bank of America&#8217;s fourth-quarter net income will be reduced by $4.1 billion &#8212; the difference between the book value of the preferred shares and the amount it will pay to get them back.  At the same time, the banking giant will save $3.6 billion a year in dividend payments to the government.<br />
</span></p>
<p style="background:white;"><span style="color:#333333;font-family:Bookman Old Style;font-size:14pt;">Investors were initially skeptical of the news, first reported on CNBC, sending Bank of America shares down as much as 4% after hours.  But the shares later rose to $15.99, up 2.2% from the close, which may help stocks open higher on Thursday.  Bank of America had dropped 1.5% to $15.65 in regular trading.  Repaying the so-called TARP money means buying back three series of preferred shares issued to the Treasury Department.<br />
</span></p>
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<p style="background:white;"><span style="color:#333333;font-family:Bookman Old Style;font-size:14pt;">The bank plans to use $26.2 billion in excess liquidity to fund part of the repurchase. About $4 billion will come from asset sales. An additional $1.7 billion will come from issuing restricted stock under incentive compensation plans.  But the big part of the plan involves the issuance of $18.8 billion in new &#8220;common equivalent securities.&#8221;  The company envisions asking shareholder to approve a proposal to let it convert the securities to common shares within 105 days of their issuance.<br />
</span></p>
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<p style="background:white;"><span style="color:#333333;font-family:Bookman Old Style;font-size:14pt;">Many financial institutions that took TARP money last year scrambled as quickly as possible to get it off their books. The managements have objected to government restrictions on compensation and other activities. They&#8217;ve complained that talent and business are being drained away by competitors.<br />
</span></p>
<p style="background:white;">
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<p style="background:white;"><span style="color:#333333;font-family:Bookman Old Style;font-size:14pt;">On the other hand, as Bank of America&#8217;s Lewis implied in the company&#8217;s news release, without the assistance, many institutions might have simply failed in the financial panic.  &#8220;We appreciate the critical role that the U.S. government played last fall in helping to stabilize financial markets,&#8221; his statement said.<br />
</span></p>
<p style="background:white;"> <br />
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<p style="background:white;"><span style="color:#333333;font-family:Bookman Old Style;font-size:14pt;">Bank of America&#8217;s vulnerabilities came from heavy exposure to the crashing real estate market. Merrill Lynch had problems that were so bad that the bank considered trying to walk away from the merger.  Bank of America shares had plunged to a closing low of $3.14 in March before the stock market recovery set in. The shares have risen 398% since then.<br />
</span></p>
<p style="background:white;"> <br />
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<p style="background:white;"><span style="color:#333333;font-family:Bookman Old Style;font-size:14pt;">The deal would maintain Bank of America&#8217;s capital requirements within acceptable &#8212; and higher &#8212; bounds. Capital is what companies use to cushion blows from losses.  Regulators allowed financial institutions were allowed to drop their capital earlier this decade, which made them vulnerable when the credit crunch erupted in 2008.  With the extra $20 billion, Bank of America&#8217;s Tier 1 common equity ratio &#8212; a key measure of capital &#8212; could rise to 8.5%, up from 7.25% in the third quarter.<br />
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<p style="background:white;"> <br />
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<p style="background:white;"><span style="color:#333333;font-family:Bookman Old Style;font-size:14pt;">At 8.5%, B of A would have more than twice the minimum Tier 1 common equity required by the government stress tests in May.   <br />
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<p style="background:white;"><span style="color:#333333;font-family:Bookman Old Style;font-size:14pt;">By hoisting capital levels, the government reduces the risk it will have to step back in and support large banks, which would only spook markets again.<br />
</span></p>
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		<title>Sarasota/Siesta Key, FL</title>
		<link>http://swhitman80.wordpress.com/2009/11/25/sarasotasiesta-key-fl/</link>
		<comments>http://swhitman80.wordpress.com/2009/11/25/sarasotasiesta-key-fl/#comments</comments>
		<pubDate>Wed, 25 Nov 2009 20:33:11 +0000</pubDate>
		<dc:creator>swhitman80</dc:creator>
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		<description><![CDATA[http://siestakeychamber.com/ http://www.crescentroyale.com/ I am writing this post from the condo where my family and I are vacationing in Florida. This is a family Thanksgiving/Christmas present, and, I must say, a welcome break from the cold and dreariness of Wisconsin in November. My family and I have been coming to this part of Florida for many [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=swhitman80.wordpress.com&amp;blog=9625151&amp;post=26&amp;subd=swhitman80&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>http://siestakeychamber.com/</p>
<p>http://www.crescentroyale.com/</p>
<p>I am writing this post from the condo where my family and I are vacationing in Florida.  This is a family Thanksgiving/Christmas present, and, I must say, a welcome break from the cold and dreariness of Wisconsin in November.  My family and I have been coming to this part of Florida for many years and love every chance we to come here.  We are located across the street from the public beach, access, which limits the hassles we have of finding a parking place, etc…. All we have to do is bring down the beach stuff and a cooler if we wish, and we are all set.  The temperatures have been in the low to mid 80s this week, with the water temperatures (Gulf of Mexico) in the low 70s.  This is truly a piece of paradise, and I would love the opportunity to live in this area full time.  Thankfully, for me, there is a thriving IT infrastructure in the area, and IT related jobs are plentiful…….</p>
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		<title>Taiwan’s Tech Dreams</title>
		<link>http://swhitman80.wordpress.com/2009/11/19/taiwan%e2%80%99s-tech-dreams/</link>
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		<pubDate>Thu, 19 Nov 2009 00:43:29 +0000</pubDate>
		<dc:creator>swhitman80</dc:creator>
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		<description><![CDATA[http://www.businessweek.com/magazine/content/09_47/b4156040727972.htm?chan=magazine+channel_top+stories   At the depth of the global economic crisis, Taiwan Semiconductor Manufacturing Co. (TSM) was in trouble. With factories operating at just a fraction of capacity, Morris Chang—TSMC&#8217;s silver-haired founder—laid off hundreds of staffers, ordered the remaining workers to take unpaid leave, and took other cost-cutting steps such as dimming the lights in hallways. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=swhitman80.wordpress.com&amp;blog=9625151&amp;post=23&amp;subd=swhitman80&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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<p><span style="font-family:Bookman Old Style;font-size:12pt;">At the depth of the global economic crisis, Taiwan Semiconductor Manufacturing Co. (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=TSM">TSM</a>) was in trouble. With factories operating at just a fraction of capacity, Morris Chang—TSMC&#8217;s silver-haired founder—laid off hundreds of staffers, ordered the remaining workers to take unpaid leave, and took other cost-cutting steps such as dimming the lights in hallways. &#8220;It was terrible,&#8221; Chang says in his office on the eighth floor of &#8220;Fab 12,&#8221; a vast facility that serves as TSMC&#8217;s headquarters.<br />
</span></p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">These days, things look far better. TSMC&#8217;s plants are humming again, and its Taipei-listed shares are up 41% this year. But Chang is chastened. The era of easy double-digit growth for chipmakers &#8220;isn&#8217;t there anymore,&#8221; he says, taking a puff on his ever-present pipe. &#8220;We need to find new areas.&#8221; TSMC is stuck in a maturing industry, and its primary business of making chips for other companies is likely to grow just 8% annually in coming years. So Chang wants to boost TSMC&#8217;s presence in solar power and light-emitting diodes (LEDs). The two have technological overlap with chip production, but they offer far better margins and more potential. &#8220;They are going to be fast-growth industries,&#8221; Chang says.<br />
</span></p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">Executives across Taiwan&#8217;s tech industry are making similar strategic shifts. Shi-Wei Sun, chief at chipmaker United Microelectronics (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=UMC">UMC</a>), in August launched a division focusing on solar and LEDs. Peter Chou, CEO of smartphone maker HTC, is reducing his company&#8217;s reliance on Microsoft Windows-based handsets, adding more phones using Google&#8217;s Android operating system. And Au Optronics (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=AUO">AUO</a>) is plotting a move beyond its traditional LCD displays, which require investments of billions of dollars every few years for companies to stay ahead of rivals. &#8220;Coming out of the recession, AUO is a completely different company,&#8221; says C.T. Liu, chief of AUO&#8217;s consumer display business. First up, he says, will be e-readers and electronic paper, newfangled displays that can be rolled or folded. Both technologies will let AUO capitalize on its display-making expertise.<br />
</span></p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">Why the urgent shifts? While Taiwan plays a vital role in the global tech industry, it is strongest in low-margin businesses such as PCs and components. That has created a dead end for many manufacturers, which face constant pressure from Hewlett-Packard (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=HPQ">HPQ</a>), Dell (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=DELL">DELL</a>), Sony (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=SNE">SNE</a>), and other big customers to cut prices. &#8220;The business model is kind of hitting the wall,&#8221; says Bill Wiseman, a partner with McKinsey in Taipei. So companies are preparing for the post-PC era by diversifying into other, more mobile devices and building up their own brands.<br />
</span></p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">True, things aren&#8217;t exactly dire for the island&#8217;s tech titans. The Taiwanese benchmark index of electronics stocks is up 76% and, thanks largely to strong demand from China, orders keep coming for more chips, PCs, and other devices. Taipei has become one of Asia&#8217;s most livable cities: With so much of its heavy industry now on the mainland, the air is much cleaner than in years past. And with relations between Beijing and Taipei on the mend, increasing travel and trade between the two sides will speed integration and further lift the Taiwanese economy. Taipei&#8217;s Songshan Airport, for decades a sleepy terminal for short hops across the island, now buzzes as the hub of direct flights to mainland cities. Chinese authorities &#8220;are much friendlier&#8221; toward Taiwanese, says HTC Chairman Cher Wang, who recently jumped on a plane in Chengdu at noon and was back in Taipei by 3 p.m. &#8220;They feel that we&#8217;re brothers who used to have a dispute but now are settling,&#8221; she says.<br />
</span></p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">Still, as last year proved, things can turn south quickly, something many Taiwanese tech companies fully understand. So Acer, which last summer passed Dell to become the world&#8217;s No. 2 PC company (behind Hewlett-Packard (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=HPQ">HPQ</a>)), is moving into products such as smartphones and other mobile devices. Vizio, produced by Amtran Technology—a 15-year-old company that got its start making PC monitors—is now a top-selling brand of flat-screen TVs in the U.S. And notebook maker Quanta Computer is mulling production of devices such as cameras, gaming machines, and medical sensors. &#8220;Quanta will become a brand new company from now on,&#8221; vows Chairman Barry Lam.<br />
</span></p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">Taiwanese companies seeking to diversify might want to follow Simon Lin&#8217;s lead. He is CEO of Wistron, the manufacturing arm of Acer that was spun off in 2002 when Acer decided there was no glory in being a contract manufacturer. Wistron still shares with Acer a drab office tower in the low-rent Taipei suburb of Hsichih. The neighborhood is no match for Hsinchu, the giant tech park where TSMC has its digs, but it fits with Wistron&#8217;s low-key, low-cost image. The company, which had revenue of $13.5 billion last year, has already expanded far beyond PCs, making TVs and BlackBerry smartphones.<br />
</span></p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">More ambitious diversification is coming soon. Lin, fresh from a Taipei meeting with Microsoft (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=MSFT">MSFT</a>) CEO Steve Ballmer, says the devices Wistron makes in the years ahead will have to connect to the Internet but won&#8217;t necessarily be computers. Lin also wants Wistron to develop businesses such as equipment repair and recycling, which is sure to pick up as more governments mandate clean disposal of old tech gear. To that end, Wistron in October invested $8 million in a company that recycles computer motherboards. Within a few years, Lin predicts, Wistron could have a $1 billion business in tech recycling. &#8220;No one has a crystal ball to say how long [the PC business] will last,&#8221; he says. &#8220;But we are not sitting here just waiting for the sunset of the PC industry.&#8221;<br />
</span></p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">While PCs may rebound next year as the economy picks up and companies upgrade to Windows 7, they will surely be a smaller part of the tech mix as the market shifts. And the island&#8217;s electronics makers will thrive in that post-PC era, says Jen-Hsun Huang, CEO of chipmaker Nvidia, who grew up in Taiwan before moving to the U.S. &#8220;If every cell phone in the world becomes a mobile computer, if every TV becomes a connected TV,&#8221; he says, &#8220;holy cow!&#8221;<br />
</span></p>
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		<title>Marketing &amp; Business</title>
		<link>http://swhitman80.wordpress.com/2009/11/11/marketing-business/</link>
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		<pubDate>Wed, 11 Nov 2009 20:51:29 +0000</pubDate>
		<dc:creator>swhitman80</dc:creator>
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		<description><![CDATA[This past Monday, we had a guest lecture/presentation from three individuals who have chosen marketing as their professional career.  Brant works for a local healthcare facility.   Tonya works for a local bistro.  Carolyn is the President of her own marking company, which focuses on business to business marketing.  Each of these individuals presented on how [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=swhitman80.wordpress.com&amp;blog=9625151&amp;post=21&amp;subd=swhitman80&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>This past Monday, we had a guest lecture/presentation from three individuals who have chosen marketing as their professional career.  Brant works for a local healthcare facility.   Tonya works for a local bistro.  Carolyn is the President of her own marking company, which focuses on business to business marketing.  Each of these individuals presented on how marketing is used in their respective positions, especially how marketing  can be used (or not used) effectively.  An example was given of &#8220;bad&#8221; PR&#8230;.and how &#8220;United breaks guitars&#8221;.</p>
<p>Each of these individuals gave good examples, and helped me to relate the field of marketing to what we are doing in class.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
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		<title>A New Twist on the Big Gulp</title>
		<link>http://swhitman80.wordpress.com/2009/11/04/a-new-twist-on-the-big-gulp/</link>
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		<pubDate>Wed, 04 Nov 2009 19:52:57 +0000</pubDate>
		<dc:creator>swhitman80</dc:creator>
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		<description><![CDATA[http://www.msnbc.msn.com/id/33621771/ns/business-food_inc The 7-11 franchise has finally begun to cater to the wine lovers of the world and has started to offer their own private label wines; all starting at $3.99.  This business move seems to be doing quite well for the company, especially in this down economy.   Private label products were strong sellers for many food [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=swhitman80.wordpress.com&amp;blog=9625151&amp;post=19&amp;subd=swhitman80&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.msnbc.msn.com/id/33621771/ns/business-food_inc">http://www.msnbc.msn.com/id/33621771/ns/business-food_inc</a></p>
<p>The 7-11 franchise has finally begun to cater to the wine lovers of the world and has started to offer their own private label wines; all starting at $3.99.  This business move seems to be doing quite well for the company, especially in this down economy.   Private label products were strong sellers for many food retailers even before the economic crisis hit.  Last year, 7-Eleven launched the 7-Select line of staples including cookies, candies, chips and beef jerky.   Who would have thought these would pair so well wit wine?!</p>
<p>It makes me wonder what wine they might pair pork rinds with, but that&#8217;s another post for another time&#8230;.</p>
<p>&nbsp;</p>
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		<title>More Retirees returning to Work</title>
		<link>http://swhitman80.wordpress.com/2009/10/28/more-retirees-returning-to-work/</link>
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		<pubDate>Wed, 28 Oct 2009 02:12:39 +0000</pubDate>
		<dc:creator>swhitman80</dc:creator>
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		<description><![CDATA[Brett Favre may be the most famous un-retire-er, but he&#8217;s not alone. The killer combo of bigger-than-expected bills and smaller-than-expected nest eggs is sending a steady stream of retirees back to work. They&#8217;re driven less by the need for entertainment and identity than they are by the need for another month&#8217;s rent check. Judging by [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=swhitman80.wordpress.com&amp;blog=9625151&amp;post=18&amp;subd=swhitman80&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="color:black;font-family:Bookman Old Style;font-size:12pt;">Brett Favre may be <a href="http://sports.espn.go.com/nfl/news/story?id=4406963" target="_blank">the most famous un-retire-er</a>, but he&#8217;s not alone.  The killer combo of bigger-than-expected bills and <a href="http://www.newsweek.com/id/198617" target="_blank">smaller-than-expected nest eggs</a> is sending a steady stream of retirees back to work.  They&#8217;re driven less by the need for entertainment and identity than they are by the <a href="http://www.newsweek.com/id/217539" target="_blank">need for another month&#8217;s rent check</a>.<br />
</span></p>
<p><span style="color:black;font-family:Bookman Old Style;font-size:12pt;">Judging by the traffic at his Web site <a href="http://www.retirementjobs.com/" target="_blank">RetirementJobs.com</a>, research director Robert Skladany says the number of people who were already retired and now are back out in the labor market looking for jobs has roughly doubled in a year.<br />
</span></p>
<p><span style="color:black;font-family:Bookman Old Style;font-size:12pt;">There are also a growing number of job seekers who are over 50 and unemployed but don&#8217;t consider themselves retired, and of older workers who still are working but have delayed their retirement dates as they&#8217;ve watched the values of their <a href="http://www.newsweek.com/id/165969" target="_blank">401(k) accounts</a> drop. Current workers between the ages of 55 and 70 expect to keep working until they are 70, and workers over the age of 66 expect to keep working until they are 76, according to a <a href="http://www.maturemarketinstitute.com/" target="_blank">new study by insurance giant MetLife</a>.<br />
</span></p>
<p><span style="color:black;font-family:Bookman Old Style;font-size:12pt;">But those workers face an inhospitable job market.  &#8220;[There's] a disconnect between those in their late 50s and 60s who aspire to continue working and the realities of a job market that tends to treat many older job candidates as, at best, irrelevant,&#8221; the MetLife study concludes. It&#8217;s no surprise that the job market is weak—nationally, there are six people looking for work for every unfilled job out there. But for older workers, the outlook is much, much worse. It takes older job seekers roughly seven and a half months to find a new job, compared with six months for younger workers, according to Labor Department figures. At <a href="http://www.seniorjobbank.com/" target="_blank">Senior Job Bank</a>, another Web site focused on matching workers with jobs, there are 100 would-be employees browsing for every job that is posted, according to publisher Gene Burnard.<br />
</span></p>
<p><span style="color:black;font-family:Bookman Old Style;font-size:12pt;">And the geographic outlook doesn&#8217;t help. Florida, California, Arizona, North Carolina—all of those places where retirees move to enjoy the warm weather—are experiencing higher-than-usual unemployment, says Skladany. The best job markets now are in Nebraska, Utah, Wyoming, and North Dakota, which are not exactly hot retirement destinations.<br />
</span></p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">I believe that those who making hiring decisions needs to look at those applicants who may be older, because of their range of experience and expertise.  These workers are often less adverse to go looking for benefits that are more important to younger workers, like vacation time, and 401 (k) plans.  Instead, they may look for a part time job or a job with flexible schedule, where they may not need to work 30-40 hours a week.  </span></p>
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		<title>Barnes &amp; Noble: Raising the E-Reader Bar</title>
		<link>http://swhitman80.wordpress.com/2009/10/21/barnes-noble-raising-the-e-reader-bar/</link>
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		<pubDate>Wed, 21 Oct 2009 15:35:31 +0000</pubDate>
		<dc:creator>swhitman80</dc:creator>
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		<description><![CDATA[http://www.businessweek.com/technology/content/oct2009/tc20091020_168995.htm The hunt for another electronic device to replace the printed book continues, this time with bookstore giant Barnes &#38; Noble getting in on the act.  I admit that I am a reader, maybe not as much as i once was, but I am a reader nonetheless.  Come the end of December, I look forward [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=swhitman80.wordpress.com&amp;blog=9625151&amp;post=15&amp;subd=swhitman80&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.businessweek.com/technology/content/oct2009/tc20091020_168995.htm">http://www.businessweek.com/technology/content/oct2009/tc20091020_168995.htm</a></p>
<p>The hunt for another electronic device to replace the printed book continues, this time with bookstore giant Barnes &amp; Noble getting in on the act.  I admit that I am a reader, maybe not as much as i once was, but I am a reader nonetheless.  Come the end of December, I look forward to reading whatever I want, whenever I want, but that&#8217;s another post for another time&#8230;..</p>
<p>According to the article, &#8220;Gray letters on a gray screen. A keypad that some users found lacking. With the Kindle e-book reader, Amazon.com (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=AMZN">AMZN</a>) simply didn&#8217;t set the bar that high. On Oct. 20, book retailer Barnes &amp; Noble (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=BKS">BKS</a>) raised the standard considerably by announcing its own e-book reader, the nook.&#8221;</p>
<p>The nook still may not be the game-changer that e-book advocates hope will attract legions of new readers, but it has its attractions. Priced at $259 (the basic Kindle is $279), the nook has two screens instead of one—a screen for the book itself and another iPhone-like touchscreen that lets users type on a virtual keyboard, skim and browse book covers, and add their own personal touches, including pictures, music, and personal documents.</p>
<p>Like the Kindle, the nook has wireless Internet capability for downloads. Both devices can hold a similar number of titles (1,500 for Kindle, 1,700 for nook), but B&amp;N claims to offer more than 1 million e-books (that includes over 500,000 titles in the public domain and free for the asking). Amazon&#8217;s Web site says 350,000 titles are available for the Kindle.</p>
<p>I understand that there is a sense of &#8220;efficiency&#8221; in not having to lug a suitcase full of books with you on vacation, but I fail to see how devices like the nook and the Kindle will stay in the lives of mainstream readers&#8230;.. As for me, I&#8217;ll stick with the traditional book&#8230;.</p>
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		<title>A New Era:  Business Week is Acquired</title>
		<link>http://swhitman80.wordpress.com/2009/10/14/weekly-post-for-october-14th/</link>
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		<pubDate>Wed, 14 Oct 2009 02:49:10 +0000</pubDate>
		<dc:creator>swhitman80</dc:creator>
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		<description><![CDATA[http://finance.yahoo.com/news/Bloomberg-plans-to-take-over-apf-2213634512.html?x=0&#38;sec=topStories&#38;pos=main&#38;asset=&#38;ccode=   Bloomberg is set to acquire Business Week in a deal that combines the best of rapid update (Bloomberg) and print media (Bloomberg). This will effectively end Business Week&#8217;s 80 year run. The interesting part of this whole story, to me, is that Bloomberg is owned by none other than Michael Bloomberg, the billionaire [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=swhitman80.wordpress.com&amp;blog=9625151&amp;post=12&amp;subd=swhitman80&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://finance.yahoo.com/news/Bloomberg-plans-to-take-over-apf-2213634512.html?x=0&amp;sec=topStories&amp;pos=main&amp;asset=&amp;ccode">http://finance.yahoo.com/news/Bloomberg-plans-to-take-over-apf-2213634512.html?x=0&amp;sec=topStories&amp;pos=main&amp;asset=&amp;ccode</a>=</p>
<p> </p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">Bloomberg is set to acquire Business Week in a deal that combines the best of rapid update (Bloomberg) and print media (Bloomberg). This will effectively end Business Week&#8217;s 80 year run.<br />
</span></p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">The interesting part of this whole story, to me, is that Bloomberg is owned by none other than Michael Bloomberg, the billionaire turned mayor of New York City. Terms of the sale announced Tuesday were not disclosed. Citing unnamed people privy to the negotiations, BusinessWeek pegged the acquisition price at $2 million to $5 million in cash.<br />
</span></p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">Bloomberg also would be responsible for paying other costs, such as severance pay to any of the roughly 400 BusinessWeek employees who might be laid off, the magazine&#8217;s Web site reported.<br />
</span></p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">Bloomberg LP, a privately held company started by New York Mayor Michael Bloomberg, expects to take control of BusinessWeek by the end of the year. That ends BusinessWeek&#8217;s 80-year run as part of McGraw-Hill Cos., which also owns the Standard &amp; Poor&#8217;s credit rating agency.<br />
</span></p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">This acquisition is indicative of the types of mergers and acquisitions that are going to need to happen if some of the older, more established, print media want to remain competitive in an ever-increasing digital market and lifestyle.<br />
</span></p>
<p><span style="font-family:Bookman Old Style;font-size:12pt;">Time will tell if more mergers and acquisitions like this one will become the norm in the business world….Stay tuned!</span></p>
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		<title>Newsweek: 2009 Green ranking for US companies</title>
		<link>http://swhitman80.wordpress.com/2009/10/07/newsweek-2009-green-ranking-for-us-companies/</link>
		<comments>http://swhitman80.wordpress.com/2009/10/07/newsweek-2009-green-ranking-for-us-companies/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 15:21:08 +0000</pubDate>
		<dc:creator>swhitman80</dc:creator>
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		<description><![CDATA[http://greenrankings.newsweek.com/ In a recent edition of Newsweek, there was a rather long article about top companies going green, and how well they scored. HP narrowly beat out Dell for the top technology spot, and I think that HP&#8217;s recent successes in the business arena in terms of market share, sales, customer loyalty, etc, has been [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=swhitman80.wordpress.com&amp;blog=9625151&amp;post=11&amp;subd=swhitman80&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>http://greenrankings.newsweek.com/</p>
<p>In a recent edition of Newsweek, there was a rather long article about top companies going green, and how well they scored.  HP narrowly beat out Dell for the top technology spot, and I think that HP&#8217;s recent successes in the business arena in terms of market share, sales, customer loyalty, etc, has been the recent why they are number one in so many of these types of rankings or other polls of this nature.</p>
<p>This article was not just limited to the technology field; every sector of the economy was sampled and the top vote getters were posted, along with the rationale of WHY they earned the score they ended up with. </p>
<p>Green business has become a hot topic of late, and I believe that &#8220;going green&#8221; will become the catalyst for growing new businesses and increasing the global economy as well.</p>
<p>This was a very interesting article to read, and gave a good snapshot of what various companies and sectors are doing to answer the &#8220;green&#8221; question.</p>
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