December 2007 Archive

End of year filings

December 31st, 2007 | No comments

Read tomorrow when you’re nursing your hangover – it’ll certainly make more sense then. Filed under Do As I Say, Not As I Do: Security warning! A flaw in WordPress could expose your draft posts. This news bulletin was originally brought to you via WordPress-driven social networking blog Mashable, but has since disappeared. This blog [...]

I do not like your CDO…I do not like it Broker Joe!

December 28th, 2007 | No comments

The most creative thing to come out of the finance industry* in years. * That doesn’t wallop the last person holding it.

Benazir Bhutto assassinated: proof positive of Twitter’s utility?

December 28th, 2007 | No comments

Via Dennis Howlett of ZDNet: If anyone needed convincing of Twitter’s business utility, today is that day. Questions: Was getting the Bhutto information faster via Twitter than say Google News? How many people would one have to follow on Twitter to get all the relevant news they need? and… How many “I’m eating chocolate chip [...]

Predictions, predictions, and more predictions

December 27th, 2007 | No comments

No guts, no glory The Economist is calling for slower page refreshes, a handheld in every hand, and open, open, open everything. Marc Andreessen qualifies. Read/WriteWeb talks a Twitter buyout, a Tumblr buyout, pressure on Facebook, and rebellion against Google. Mashable says granny gets a Facebook page, MySpace sells, and many startups die. Then there’s [...]

Home Prices in U.S. Fell 6.1% in October, More Than Estimated, Survey Says

December 26th, 2007 | No comments

Case-Shiller and Commerce Department reports in sync: Property values fell 6.1 percent from October 2006, more than forecast, after dropping 4.9 percent in September, according to the S&P/Case-Shiller home-price index. The decrease was the biggest since the group started keeping year-over-year records in 2001. The index has fallen every month this year… Figures this week [...]

Is There An Increasing Marginal Utility Of Data?

December 26th, 2007 | No comments

Interesting concept – Union Square Ventures proposes that while material goods have decreasing marginal utility, the value of data increases for each new byte added. It’s a stretch that presumes the human user has potentially infinite interests. And to capitalize indefinitely on the data store, the human user would also need infinite desires, wouldn’t they? [...]

China to Decide Agricultural Bank Restructure ‘Soon’

December 26th, 2007 | No comments

Western banks aren’t the only ones: Agricultural Bank of China, saddled with $100 billion of bad loans, may receive regulatory approval for its restructuring plan “soon”, a sign the government is nearing completion of a decade-long industry cleanup. A hundred billion in bad debts would sink many US financial institutions. But in China “restructuring” means [...]

On the first day of Christmas my Google gave to me..

December 26th, 2007 | No comments

..a violation of my privacy. I don’t think this is a big deal, and it’s certainly not surprising. UPDATE: Mathew Ingram says get a grip. A poll of Mashable readers rings similarly. UPDATE 2: Paul Kedrosky wasn’t surprised either.

Happy Holidays (and headline hoopla)

December 24th, 2007 | No comments

Cheer and good tidings first; light reading last Charlie Crist calls for an investigation of “Florida’s subprime-tainted fund.” It’s really a SIV tainted fund and a sub-prime tainted SIV, but I’ll spare you the details. More on the Florida Fund fiasco here, here, and here. Research In Motion: no slowdown. Is it a consumer thing? [...]

Consumers starring in “Resident Evil: Delirious”

December 21st, 2007 | No comments

Same day, different zombies Consumer Spending in U.S. Rises More Than Forecast! and.. Consumer Confidence in U.S. Falls to Lowest Level in More Than Two Years? UPDATE: Not too confusing – once again it’s about energy and food prices.