Author and wealth advisor James Rickards, in his new book “The Death of Money,” tells us to brace for a financial meltown even worse than the one we just barely survived in 2008-09–and he insists it will come within five years or less. Rickards sees any number of threats that could be the trigger for […]
Facebook’s Privacy Flipflop
Facebook has, to fracture an old phrase, just closed the barn door after a billion cows already have departed the premises. The social network’s new pro-privacy policy, adopted yesterday, for the first time delivers the assurance that over a billion Facebook users themselves might already have assumed: that the stuff you post to Facebook will […]
The Fluppin’ FCC
Is he an industry shill or an Obama crackdown artist? We’ve waited six months for Thomas Wheeler to show his true colors as the new chairman of the Federal Communications Commission. He had spent two decades at the lobbying trade groups of the cable-TV business and the wireless industry, so some were hoping for a […]
Break Up AT&T–Again!
AT&T’s bold bid of $49 billion in cash and stock to acquire DirecTV would lash together the two distribution giants to contend with the mammoth media combo of Comcast and Time Warner Cable, but here’s what it really means for AT&T: It is time to stage another massive break-up. AT&T should split itself into two […]
Surfing the Next Wave, Part 2
Steve Case says tech is on the brink of a Third Wave. The first wave took 15 years as millions of people got connected online, enabled by the likes of AOL and Cisco. The second wave came as companies like Salesforce.com and Google built products on top of that spreading Internet platform. The Third Wave […]
Surfing the Next Wave
First of three parts In the next wave of the technology revolution, will your company or industry adapt to survive and even thrive—or get disrupted and swept away? Three smart guys have some keen insights on what it takes to surf the wave, and why so many incumbent giants fail. Salesforce.com CEO Marc Benioff, AOL […]
Surfing the Next Wave, Part 3
And now to bring it all home… THEME #4: What’s an Incumbent to Do? Steve Case speaks from experience: “The mistake is not that companies don’t have a sense of where the world is going,” he says, “it’s that they don’t put enough resources against that initiative and the best people against that initiative.” He […]
Three Smart Guys… and Me
As Vivek Wadhwa just tweeted, it was indeed a riveting panel yesterday at the Milken Global Conference. Here’s the entire session, skim it for some great insights from three very smart guys: Salesforce.com CEO Marc Benioff, AOL Time Warner survivor Steve Case, and academic soothsayer Vivek himself. Among the highlights: Benioff says we always overestimate […]
A New Message of Hope
BEVERLY HILLS, Calif.—As the rich, the powerful and the merely brilliant gather here this week for the renowned Milken Global Conference, a surprising message of hope may emerge: That America’s best days are far from over, that a new revolution in technology is at hand—bigger and more sweeping and also more destructive than anything before […]
Indiscriminate Destruction
Ah creative destruction, ain’t it grand? We have seen this economic force, championed almost a centruy ago by the Austrian economist Joseph Schumpeter, chew up dozens if not hundreds of industries and shake up, realign or otherwise wipe out millions of jobs in recent decades. The Internet wave and Moore’s Law of computing power have accelerated, […]
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