Sunday's Business News

December 13, 2009

Nakheel PJSC’s possible non-payment of its Islamic bond due tomorrow will trigger defaults on two other securities, bringing the total of affected securities to $5.25 billion, bond documents show. [Bloomberg] U.S. Commerce Secretary Touts Climate Change Policies – Commerce Secretary Gary Locke tells delegates at the United Nations Climate Change Conference in Copenhagen that nations must [...]

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Sunday’s Business News

December 13, 2009

Nakheel PJSC’s possible non-payment of its Islamic bond due tomorrow will trigger defaults on two other securities, bringing the total of affected securities to $5.25 billion, bond documents show. [Bloomberg] U.S. Commerce Secretary Touts Climate Change Policies – Commerce Secretary Gary Locke tells delegates at the United Nations Climate Change Conference in Copenhagen that nations must [...]

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Business Round Up

December 4, 2009

Job Drought in U.S. May Be Near End as Temporary Help, Working Hours Surge — The worst U.S. employment slump in the post-World War II era may be about to end as companies hasten to hire temporary workers and boost hours, according to economists such as John Ryding and Zach Pandl. [Bloomberg] G.E. Makes It [...]

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Jobs Report Is Strongest Since the Start of the Recession

December 4, 2009

In the strongest jobs report since the recession began two years ago, the nation’s employers all but stopped shedding jobs in November, the government reported on Friday, and they appeared to be on the verge of finally rebuilding the work force. photo credit: pfala

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Technology, Society, and a Smarter Planet

October 12, 2009

Over the past weekend, I was having lunch with a dear friend at a cafe in Hollywood, and we were joined by her non-profit business partner and another member of their US based team trying to accomplish a very awesome and noble feat, opening a school for an under served and poor town in rural [...]

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News Roundup

October 5, 2009

I.B.M. Joins Pursuit of $1,000 Personal Genome: One of the oldest names in computing is joining the race to sequence the genome for $1,000. On Tuesday, I.B.M. plans to give technical details of its effort to reach and surpass that goal, ultimately bringing the cost to as low as $100, making a personal genome cheaper [...]

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The Switch to Open Source Software in Enterprise Applications

September 23, 2009

The current landscape of the enterprise information systems sector is one with a vast selection of software vendors armed with a seemingly endless number of proprietary software applications. In the typical business model, the users of these applications are charged large sums of money for licenses to run the programs, and at times, even larger [...]

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Open source cloud computing the wave of the future?

September 20, 2009

“Ultimately, we believe that advancement in cloud computing technology will be driven by open source initiatives where large communities of engineers can collaborate and develop new code for the new applications and demands posed by the cloud model,” says Shelton Shugar, SVP Cloud Computing at Yahoo!

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Gross domestic product metric has it wrong.

September 14, 2009

Gross domestic product is an insufficient standard for determining economic health and should be expanded to include measures of sustainability and human well-being, a commission of leading economists said in a report presented to President Nicolas Sarkozy of France on Monday. —Commission Calls for New Economic Yardstick – NYTimes.com [via A Smarter Planet]

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Twenty years

August 7, 2009

Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. –Mark Twain

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