Archive for July 12th, 2012
Jul
12
2012
 
Ouya CEO: ‘We All Have Reputations On the Line’Posted by: wiredtechbiz in Wired Tech BizOuya, the fledgling Android-based videogame console, has drawn a great deal of attention with its astonishing Kickstarter success.
A new name can be added to the list of companies who have been hacked this year…Yahoo. If you know anyone with a yahoo account, there’s a chance you recieved a strange e-mail from them recently. More than 450,000 username and passwords were compromised in the breach.
Jul
12
2012
Housing Is Not Out of the Woods Yet: Former FDIC Chair BairPosted by: yahootechticker in Yahoo Tech TickerFollow The Daily Ticker on Facebook! A rash of better-than-expected housing data in the first half of the year has some economists and analysts saying that the home sector has hit bottom and that a recovery is not far away. However, we have heard this before, and so far the road has been uneven, at [...]
Jul
12
2012
Not Dead Yet: 4 Wretched Companies That Could Make You RichPosted by: wiredtechbiz in Wired Tech BizIt?s easy to pile on when a tech company seems headed for the deadpool. But one classic example shows that ignoring the conventional wisdom can sometimes make you rich.
Jul
12
2012
Sheila Bair Sees “Significant More Fallout” from LIBOR Scandal: “It’s Outrageous”Posted by: yahootechticker in Yahoo Tech TickerFollow The Daily Ticker on Facebook! The U.S. market hasn’t yet paid much attention to the LIBOR scandal that’s gripped London, but it’s getting harder and harder to ignore. This week, the chair of the Senate Banking Committee announced he is calling Fed chairman Ben Bernanke and Treasury Secretary Tim Geithner to testify about allegations [...]
Jul
12
2012
Banks Are Safer But Not Safe Enough: Former FDIC Chair Sheila BairPosted by: yahootechticker in Yahoo Tech TickerFollow The Daily Ticker on Facebook! The latest stain on the world of trading and finance is still darkening, but once again it appears that millions of dollars in customer funds have been misappropriated. This time it’s Iowa-based futures broker Peregrine Financial Group / PFGBest, which dealt another blow to investor confidence after over $200 [...]
Jul
12
2012
The Sky Is NOT Falling: Recession Fears Are Unfounded, Economist SaysPosted by: yahootechticker in Yahoo Tech TickerFollow The Daily Ticker on Facebook! Markets slid Wednesday after the Federal Reserve offered no clear sign that additional monetary easing was on the way. However, an increasing number of Fed officials did signal more accommodation would be necessary if economic data continues to soften, according to minutes released from its June meeting. The news [...]
Jul
12
2012
Shift from PC to mobile faster than expectedPosted by: theequitykicker in The Equity Kicker[Update: typo in title corrected] Mobile is growing partly because it is expanding our use of computing and partly at the expense of desktops and laptops. PC sales data out yesterday shows that PC substitution, the second the driver of growth, is happening faster than expected. As you can see from the tables below global PC shipments in Q2 were flat on the year before, meaning that in aggregate PCs are not participating in any of the growth in computing globally, and in the US PC shipments were down 11% in the same period. The US is one of the worlds most developed markets in computing and where the US goes I would expect the world to follow. Analysts at IDC had expected PCs to fare better, predicting global shipments to grow 2.1% and the US decline to be 6%. Adoption of new technologies typically follows an S-curve:
I think we around the knee of the curve in mobile now. Exciting times ahead.
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