Tag: American
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Apple Makes More Fintech Moves With High-Yield Savings Account From Goldman Sachs – Very detailed overview of “Bank of Apple.”
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Everything is big in America & the men don’t wear designer purses
I’m a Texan living in Amsterdam, so when I come back to the States (Dallas and Austin this time), I noticed things about American that I never did: People are eager to be helpful, especially when you have a bunch of kids. Everyone offers to help with luggage. A cashier will race back to the…
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Impressions of America from an expat
Notes on what it’s like to be back, compare and contrast. Also, analysis of our recent kubernetes survey Lots going on at the moment. We’re on vacation for two weeks, finally going back to Texas to visit. Most of our family hasn’t met our two year old, born at the start of COVID in Amsterdam.…
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“Reasons were in short supply.”
And, sure, people always disappear into new people, and no one can stop the way new versions of people overtake the old versions of people, but something about the new Linda was so menacing that it made me suspicious of what she’d done with the old Linda. This book can hard to read through –…
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Link: Naspers plans to spin off its Tencent stake and other holdings
Naspers, which started out as an Afrikaans newspaper group a century ago, has since gone on to invest in a host of startups, mostly in emerging markets. The runaway success of Tencent has created an enviable headache: Naspers has become too big for the Johannesburg stock exchange, where it now makes up a quarter of…
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Link: Elizabeth Holmes and her firm Theranos show why we must stop fetishising entrepreneurs
As well as capturing enduring gender anxieties, the Theranos story is also a reflection of the technological zeitgeist. Gibney believes Holmes was so successful because of Silicon Valley’s “fetishisation of the entrepreneur”. Holmes’s entire persona, after all, seems to have been an exercise in myth-making. She dropped out of college, like Mark Zuckerberg. She borrowed…
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🗂 Duke Energy leases Tompkins Hall in Charlotte
> Meant to be more funky and collaborative than typical uptown office space, about 400 Duke Energy employees will work at the former mill on a permanent basis, with about 100 more working there on a rotating basis. www.charlotteobserver.com/news/busi…
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Link: Investors Have Misdiagnosed Amazon’s Push Into The Pharmacy Business
“The preponderance of drugs in the U.S. is consumed by an older population, whose habits change slowly or not at all. Accordingly, it’s likely that Amazon’s online pharmacy will not significantly impact the existing drug industry…. Here’s why: Americans currently spend $450 billion a year on drugs. Walmart is the fourth-largest pharmacy in the U.S.,…
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Link: Ctrl Alt Delete: How Politics and the Media Crashed Our Democracy
Original source: Ctrl Alt Delete: How Politics and the Media Crashed Our Democracy
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Link: Is the internet good or bad for society? Americans are having a tougher time deciding.
“The percentage of people who think the internet is good for society is shrinking. Roughly 70 percent of American adults who use the internet believe it’s mostly good for society, down from 76 percent in 2014, Pew found.” And: “About 64 percent of online adults over 65 say the internet has been “a mostly good…
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Link: Cutting ‘Old Heads’ at IBM
“ProPublica estimates that in the past five years alone, IBM has eliminated more than 20,000 American employees ages 40 and over, about 60 percent of its estimated total U.S. job cuts during those years.” Original source: Cutting ‘Old Heads’ at IBM
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Link: Amazon pushes further into insurance with its latest investment
“Amazon’s Indian venture is probably a springboard for a move towards more established markets. India is some way away from Amazon’s key US and European markets, suggesting that it’s using India as a test lab for expanding its insurance operations. However, Amazon’s decision to flex its insurance muscles in India is probably also down to…
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Link: Millennials: A tale of two generations
‘The oldest Millennials are now in their mid 30s and finally “settling down,” which leads to heightened concerns about finances, kids and home buying, while the youngest Millennials are still pursuing their education.’ Chock full of survey info and demographic stuff. Original source: Millennials: A tale of two generations
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Link: Global race for 5G heats up with latest US Congress bill
“Prices vary widely across the United States but the average cost of installing equipment on a pole is around $2,000 per year. AT&T recently complained that it had received an estimate of $8,000 a year from a city in California. Even in low-cost Georgia, the local government felt it could get away with asking for…
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Link: Will 2018 be the year of the neo-luddite?
‘More significantly, the whole of society seems to have woken up to the fact there is a psychological cost to constant checking, swiping and staring. A growing number of my friends now have “no phone” times, don’t instantly sign into the cafe wifi, or have weekends away without their computers. This behaviour is no longer…
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Link: Foreign-Born Engineers Dominate Bay Area Tech Jobs
“Nearly three-quarters of Silicon Valley women who work in computer, mathematical, architectural, and engineering occupations were born outside of the U.S., mostly in Asia. That includes nearly 79 percent of those in computer and mathematical professions. The data showed slightly more than 70 percent of men in those professions are foreign born.” Original source: Foreign-Born…
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Link: Trump’s Tariff Plan Leaves Blue-Collar Winners and Losers
“The mills and smelters that supply the raw material, and that would directly benefit from the tariffs, have been shrinking for years. Today, those industries employ fewer than 200,000 people. The companies that buy steel and aluminum, to make everything from trucks to chicken coops, employ more than 6.5 million workers, according to a Heritage…
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Link: Warren Buffett reveals more details about healthcare venture with JPMorgan and Amazon
“We have got a huge, competitive disadvantage in American businesses, far more important than any tax change, in terms of our healthcare costs.” Original source: Warren Buffett reveals more details about healthcare venture with JPMorgan and Amazon
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Link: Largest insurers plan biggest IT budget increases
“Thirty-six percent of those reported premium over $1 billion per year; those companies also said they planned to increase IT budgets by about 11% on average. Carriers between $500 million and $1 billion in premium plan an average increase of 5%.” Original source: Largest insurers plan biggest IT budget increases
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Link: Gin Sling, Recipe and History
‘Gin sling. What a suggestive cocktail name. If it evokes the image of tossing back a drink, you’re not far from the truth, as it has been surmised that the gin sling drink stems from the German verb schlingen. This little story dates far back into American Cocktail History, as an article from the New…
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