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Written by Users Idea
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Monday, 30 November 2009 |
Facebook is one of the most successful social media platforms on the internet, whereby this particular web portal has managed to achieve success in just 2 short years. Up until recently, there has been speculation that the creator of Facebook might want to go public.
Nevertheless, Mark Zuckerberg has disclosed that the company does not plan to go public at the moment. On the other hand, the company has manage to raise an approximately $600 million dollars in investment since its establishment. One of Facebook’s largest investors is none other than the Russian Internet investor Digital Sky Technologies, which has in fact, purchased 2 percent of the company’s stock for a whopping $200 million. With the company’s move to purchase part of Facebook stock, analysts have estimated that the true value of the company to be at $10 billion dollars.
Personally, I believe that Mark Zuckerberg should wait a little longer prior to moving their business to the public level. Of course, Facebook is one of the most recognized social media platforms on the internet, but surely, this particular platform is pretty much untested over time. We’ve already seen a fair share of failures for such internet solutions, and hopefully, Facebook could revolutionize their business to something more marketable.
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Written by Users Idea
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Sunday, 29 November 2009 |
When Oracle disclosed their proposed acquisition plans for Sun Microsystems, this particular move sparked European antitrust regulators to step in and probe into the entire acquisition. And judging by the fact that one of the technology giants are being gobbled up, the European Commission would like to establish whether there are any foul play in this particular matter.
Nevertheless, with the deal on the line, 59 US senators have in fact issued a letter to the European Commission, whereby this particular letter is aimed at urging the commission to quicken their probe into the acquisition. Of course, the US senators have also mentioned that Sun Microsystems is in precarious condition and that the company has problems financially and might be laying off more workers, if the probe is not completed in due time.
Personally, I believe that the European Commission should speed up their entire probe process, as clearly, you don’t need so much time to establish whether the acquisition would infringe antitrust laws, right?
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Written by Users Idea
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Saturday, 28 November 2009 |
It seems that Microsoft’s CFO Chris Liddell has decided to leave the company, after contributing close to 4 years of effort to Microsoft. Of course, Chris Liddell was initially hired on 2005, and that his responsibilities encompass overseeing the entire cost structure of the business. According to sources, it seems that Chris Liddell has managed to help Microsoft to save close to $3 billion in cost over his tenure. On the other hand, Chris Liddell was also responsible for the first mass layoffs for Microsoft, as well as freezes in wages and implemented cuts to travel and other expenses, when the 2008-2009 economic recession took place.
Nevertheless, Chris Liddell will be replaced by another Microsoft employee, who is currently responsible in overseeing the books for the division that produces the world renowned Microsoft Office suite as well as other business programs.
Personally, I believe that Chris Liddell has contributed tremendously to Microsoft and that his services are truly indispensable.
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Written by Users Idea
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Friday, 27 November 2009 |
We all know that the real estate industry was hit hard by the recent economic recession, whereby toxic assets have created a domino effect for real estate sales in the entire country. I’m also very sure that foreclosures are pretty common when it comes to American realty, and that some financial institutions are so desperate to sell their toxic assets, they started their real estate bid for just $1.
Nevertheless, it seems that the September 2009 sales data for American homes are quite prospective. According to several sources, they quoted that the American home sales have increased by as much as 10.1 percent on September alone, which is a far better performances when compared to home sales earlier this year.
Personally, I believe that this is the time for you to purchase homes in America, as clearly, the price of these homes have not reached its peak yet. Well if you have some money lying around, perhaps you should invest into some homes?
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Written by Users Idea
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Thursday, 26 November 2009 |
Obama has issued his first pardon as the United States President, whereby his first pardon goes to a turkey named Courage. Nevertheless, this particular turkey is in fact a gift from the National Turkey Federation. And according to the American history, it seems that President George H.W. Bush was the first to pardon a turkey, and I’m pretty sure that his customs lived on.
On the other hand, as part of the pardon, Obama mentioned to the turkey that ‘You are hereby pardoned’, and Courage will spend the rest of its life in Disneyland.
Well I’m sure everyone would appreciate some lighter mood, even though the economic recession has caused so much hardship for everyone.
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Written by Users Idea
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Tuesday, 24 November 2009 |
According to the latest figures released by banks, it seems that the financial institutions in the country have made an estimated $2.8 billion for Q3 2009. Although the figures showed that banks are beginning to recover from the economic recession, the Federal Deposit Insurance Corp. has issued a warning that a danger still persist in these financial institutions.
On the other hand, the Federal Deposit Insurance Corp. has recorded a sharp increase for problematic banks in America. The respective corporation has stated that the number of problematic banks have risen from 416 to 552, which is the highest level in 16 years of history.
Personally, I believe that banks should stick to their traditional way of doing business. With the financial institution’s earlier failed schemes and coupled by toxic assets, these are two of the most devastating factors that have brought down countless of banks in America.
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Written by Users Idea
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Sunday, 22 November 2009 |
It seems that the Indian Prime Minister Manmohan Singh, has gone to visit the US President, Barack Obama. Of course, several key highlights of the visit include talks in limiting nuclear weapons in both nations, as well as, ways to stimulate the economy in the respective countries. According to news sources, Obama has in fact welcome guests with curry at the state dinner. On the other hand, there were at least 338 guests that were invited to the dinner, and this also includes Hollywood A-listers as well.
Personally, I believe that both India and the United States can formulate an amicable solution in order to further stimulate the economy. India has the necessary man-power, while the United States require capable professionals that can get the jobs done.
I’m sure that both countries can be a match-make in heaven, if necessary steps are taken to ensure that both countries work together.
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Written by Users Idea
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Friday, 20 November 2009 |
We’ve already seen the Obama administration churning out a whopping $787 billion in tax payer’s money with hopes of stimulating the economy and further nurturing it into full recovery. Of course critics have mentioned that Obama’s earlier stimulus plans have failed to deliver its promises, whereby the country has seen one of its worst unemployment rates in history. And to make matters worst, critics have also mentioned that the stimulus plans have failed to create more jobs in the market.
Nevertheless, the Obama administration has responded by saying that the stimulus is in fact at work. And judging by the fact that several billions of dollars have been pumped into the market, it seems that the jobs that you are having now, are the jobs that were saved after the economic stimulus package was administered earlier.
Do you think that the Obama administration can create more jobs for 2010?
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Written by Users Idea
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Wednesday, 18 November 2009 |
The World Bank has recently issued a warning, whereby they mentioned that a swift increase in interest rates in the country will have adverse effects on the entire economy. The World Bank has also mentioned that if the Feds were to increase the interest rates at a dramatic rate, this will cause major inflation and asset price, which might cause yet another major downturn in the country.
Personally, I believe that the current interest rates offered by financial institutions are really ideal for consumers. For example, if you happen to be thinking about becoming a home owner, then perhaps you should seriously consider purchase a house now, as clearly, the interest rates are at an all time low property prices have gone down considerably as well.
Do you think that this is the right time to invest into real estate?
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Written by Users Idea
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Sunday, 15 November 2009 |
It seems that Google and TiVo has entered into a deal whereby Google will have unprecedented access to TiVo’s ad data. Of course, this particular deal will allow Google to analyze TiVo viewing trends, which are collected from the base of their subscribers. And with such data on hand, Google plans to use the data for their Google TV Ad platform. On the other hand, TiVo assures that the data sold to Google, will not be tied to any individual accounts, which means that every TiVo subscribers will remain anonymous.
Personally, I believe that Google is pretty smart when it comes to collecting data from TiVo. Clearly, Google ads are already seen on majority of the websites on the internet, and with Google expanding to TVs, I’m sure that this somehow guarantees market domination for Google.
Do you think that Google should be sued for violating the antitrust laws for growing so big?
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Written by Users Idea
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Thursday, 12 November 2009 |
The Federal Reserve has in fact forecasted better prospects for the economy for 2010, and the figures released by the respective organization has jolted the stock market considerably, whereby the Dow Jones jumped up 133 points earlier this week. Although the Federal Reserve has downplayed the GDP for the country from 3.5 percent to 2.9 percent, still the figure is much higher than the earlier forecasted 2.5 percent growth.
On the other hand, the Consumer Confidence Index has also gone up considerably, probably due to the fact that consumers are very enthusiastic over the upcoming Black Friday sales. The Consumer Confidence Index has risen from 48.7 to 49.5 for the month of November.
Personally, I believe that the measures that were taken to ensure economic recovery are beginning to show results. Of course, with consumers more confident over the economy now, I’m pretty sure that this might somehow stimulate the sales figures, and this can be the ultimate turning point for companies in the country.
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Written by Users Idea
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Monday, 09 November 2009 |
Toyota Motor Corp. has recently disclosed that the company will replace up to 4 million gas pedals on recalled vehicles. Toyota had earlier received reports that drivers were having problems with the gas pedal, whereby it could easily get stuck on floor mats, which posed as a serious safety risk for drivers. On the other hand, such reports were a direct blow to Toyota’s image as the world’s largest automaker.
Personally, I believe that such recalls are lauded, as clearly, it shows that Toyota is willing to make their cars safer. However, I’m pretty sure that the recall is too late, as the gas pedal issue has caused numerous fatal accidents on the roads already.
And if you do own a Toyota, make sure you check out whether your car is in the recall list.
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Written by Users Idea
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Friday, 06 November 2009 |
According to analysts, it seems that the global stock market has risen steadily for the past couple of months, possibly due to the fact that the economic stimulus packages that were executed by majority of the nations worldwide as taking into effect. On the other hand, it also seems that the gold prices have reached a record high, whereby the priceless commodity is traded at $1,179.80 an ounce. Also, the price of crude oil has also reached its equilibrium, whereby the commodity is being traded at $76 per barrel.
Personally, I find such data to be very significant indeed, as it shows that the economy is heading towards ultimate recovery. With the stock market rebounded to its former glory, and with the price of crude oil normalizing, I’m pretty sure that all these are signs that consumers are indeed confident of a full economic recovery, very soon.
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Written by Users Idea
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Tuesday, 03 November 2009 |
The figures released by the Labor Department suggested that the jobless claims have indeed dipped from 674,000 to 400,000. Of course, such data suggest that companies have stopped firing their workers, nonetheless, which signifies that the economy is indeed recovering. On the other hand, it also seems that consumers are spending more these days, which might suggest that Americans are more comfortable with the economic situation now, as compared to the previous year.
Personally, I believe that the American economy is indeed recovering slowly, but surely. And judging by the fact that consumers are spending more now, this can also be translated to more sales for American companies, which also means that companies are less likely to fire their workers as well.
Do you think that the economy is recovering?
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