Shuttleworth in a separate interview at the OIS event also said that Canonical remains on track for a long-gestating IPO. Those plans were initially hinted at in mid-2017. Source: Canonical Sharpens Focus on Red Hat, VMware; IPO Plans Remain
Link: BankingYoung people and their phones are shaking up banking
In such scenarios incumbents risk ending up as “dumb pipes”, holding bloated balance-sheets and originating products such as mortgages and loans that someone else sells to consumers. If they were to lose the ability to build a brand and the transaction data needed to understand their customers and cross-sell, their wares would become interchangeable. Margins would be driven down, even as they continued having to abide by onerous banking regulations and hold balance-sheet risk.
Link: BankingYoung people and their phones are shaking up banking
In such scenarios incumbents risk ending up as “dumb pipes”, holding bloated balance-sheets and originating products such as mortgages and loans that someone else sells to consumers. If they were to lose the ability to build a brand and the transaction data needed to understand their customers and cross-sell, their wares would become interchangeable. Margins would be driven down, even as they continued having to abide by onerous banking regulations and hold balance-sheet risk.
Link: A new player in a new game
Like most other ‘new generation’ IT providers, Fastly plays up its growth rate while playing down the cost of that growth. Sales at the company rose about 40%, year over year, in 2018 to $145m. In comparison, Akamai is a single-digit percentage grower, although it is roughly 10 times larger than Fastly. Fastly also runs in the red, largely because its gross margins are just 54%, 10 percentage points lower than those at Akamai.
Link: A new player in a new game
Like most other ‘new generation’ IT providers, Fastly plays up its growth rate while playing down the cost of that growth. Sales at the company rose about 40%, year over year, in 2018 to $145m. In comparison, Akamai is a single-digit percentage grower, although it is roughly 10 times larger than Fastly. Fastly also runs in the red, largely because its gross margins are just 54%, 10 percentage points lower than those at Akamai.
Programming your organization for loonshots
Here’s an an idea for a formula for figuring out how much innovation an organization will do. I never know how good math is for this kind of thing, but it adds structure to programming an organization to be innovative, rather than career advancement seeking:
In organizations, the competing forces can be described as “stake in outcome” versus “perks of rank.” When employees feel they have more to gain from the group’s collective output, that’s where they invest their energy.
Link: Ahead of Zoom’s IPO, new report says Microsoft repeatedly tried to acquire video conferencing company
A recent survey of IT pros found that Skype for Business is the most popular workplace collaboration app, beating out competitors like Slack and Google Hangouts. Source: Ahead of Zoom’s IPO, new report says Microsoft repeatedly tried to acquire video conferencing company
Link: Ahead of Zoom’s IPO, new report says Microsoft repeatedly tried to acquire video conferencing company
A recent survey of IT pros found that Skype for Business is the most popular workplace collaboration app, beating out competitors like Slack and Google Hangouts. Source: Ahead of Zoom’s IPO, new report says Microsoft repeatedly tried to acquire video conferencing company
Americans smile a lot
Just as it is easy to misinterpret the reason for an icebreaker activity, it’s easy to mistake certain social customs of Americans that might suggest strong personal connections where none are intended. For example, Americans are more likely than those from many cultures to smile at strangers and to engage in personal discussions with people they hardly know. Others may interpret this “friendliness” as an offer of friendship. Later, when the Americans don’t follow through on their unintended offer, those other cultures often accuse them of being “fake” or “hypocritical.
Link: Dutch now pay more on housing, healthcare and energy than before the crisis: ING
In 2017 basic needs such as housing, healthcare, food and energy accounted for 41 percent of household spending, compared to 36 percent in 2008. Housing and maintenance in particular became a relatively larger cost item, increasing from 19.5 percent in 2008 to 23.7 percent in 2017. Healthcare accounted for 3.8 percent of household spending in 2017, compared to 3.1 percent in 2008. Households also spent a larger portion of their income on food and non-alcoholic beverage, increasing from 10.