Is it really over? Are we really done with one of the best bull markets in the history of stocks? Not quite, and certainly not yet. Markets climb a wall of worry, the old saying goes, and Russia’s bullying in Ukraine is reason enough to startle the gazelles of Wall Street. Neither bulls nor bears, […]
Passivity Begs Aggression
That rascally Russian Vladimir Putin–Pooty, as George W. had nicknamed him–is at it again. He isn’t stopping in Crimea, it now is clear, as he sends masked thugs into police stations across eastern Ukraine. Passivity by the U.S.–the only superpower left–invites aggression by a diminutive despot with a chip on his shoulder and something to […]
The Mozilla Mob
Oh, please, give me a break—so now the litmus test on whether an executive supports gay marriage is a measure of whether he should be a CEO? “CEO Quits Under Fire For Stance On Gay Marriage,” the page-one headline declares in The Wall Street Journal this morning. Just days after being named CEO of Mozilla, […]
Quotes for the Unemployed
Oh, the things people say to you when you’re unemployed. This is Week 8 for me, and it’s getting harder not easier. One of the haters at ZeroHedge was right: Let’s see how perky I’ll be feeling a year from now. But I am steeled by the comments I’ve heard since I left FoxBiz on […]
The Brigade: At it Again
The Outrage Brigade is at it again, this time drawing a target on—and missing the entire point of—the satire of Stephen Colbert of “The Colbert Report.” It’s now trending on Twitter: #CancelColbert. Good Variety story on it this morning, here: http://bit.ly/1eXxMhG Oddly, it is a mere 140-character (max) tweet, rather than the Colbert TV bit that […]
A Prodigal Son Returns
It’s always a delicate and difficult task when you’re a reporter covering media and you have to do a story on the media company that employs you. And so the ink-stained wretches at The Wall Street Journal can be forgiven for their tentative take on the real meaning of a stunner of an announcement on […]
Facebook’s Virtual Unreality
Zuckie has done it again! With Facebook’s latest crazy acquisition—$2 billion in cash and stock for a virtual-reality goggles startup that has neither revenue nor even customers—it is now official: There isn’t a stock-market bubble, but Facebook itself is a bubble. Mark Zuckerberg’s buying binge looks like a disjointed food-fight strategy funded by Monopoly money: […]
The Comcast-Netflix Equation
Part 2. See also Part 1: Comcast’s Bite at the Apple http://denniskneale.com/comcasts-bite-at-the-apple/347 A deal between Apple and Comcast would be a huge advance for Net-TV, streaming live and on-demand video from a new Apple set-top device plugged directly into Comcast cable systems. But it would be bad for Netflix. And it also could hasten the erosion […]
Comcast’s Bite at the Apple
Newsflash: Apple is in talks with Comcast, the nation’s #1 cable giant, about starting a new Internet-based streaming service, The Wall Street Journal reports this morning. Topspin: I got three angles for you. First: Comcast shouldn’t do it. Second: This net-TV stuff will be far more difficult than expected. And third: Netflix be wary—your real […]
The Networks: Walking Dead
One of the most popular shows on television is AMC’s “Walking Dead,” replete with necrotic flesh, apocalyptic violence and the never-ending struggle just to survive. Which could be a prescient plot line for the TV networks themselves. For a decade or more we’ve heard that content is king, but now the King is Dead, or […]
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