“The service has been there since last Friday. It’s really good news for our customers and local application developers.”-Apple China statement
California based Apple Incorporated decided to accept the Chinese yuan (aka Renminbi, or RMB) in an unannounced move last week. One reason is that China is now the world’s biggest internet market!!!
“The Postal Service still seems to hold the misguided belief that accounting gimmicks and an increased reliance on taxpayer support will give it flexibility to push back insolvency for a few more years.”-Darrel Issa, Republican Representative from California
California Republican Darrel Issa has just revealed himself to be a liar or an idiot!
“Both bills have elements that delay tough decisions and impose greater constraints on our business model.”-Patrick Donahoe, Postmaster General of the United States
The Postmaster General was referring to bills proposed by the U.S. Congress. He’s still pushing for the more drastic changes he wants, like ended Saturday deliveries, and laying off more employees than […] Continue Reading…
On November 22, the U.S. Department of Commerce, Bureau of Economic Analysis (BEA) released another revised Real GDP report. It says the second revision of GDP for the third quarter 2011 was a stagnant 2%.
Gross Domestic Product is the “the output of goods and services produced by labor and property located in the United […] Continue Reading…
Netflix announced on November 21, that they do not expect to make a profit in 2012. The on demand movie service went from having $366 million in cash, to almost nothing predicted for 2012.
Netflix officials blame it on several things; a huge subscriber loss, increased competition and a huge jump in licensing fees (inflation).
“I’m flabbergasted. The bottom line is, there’s going to be a haircut involved. It’s devastating, what this has done to the industry.”-Tom Ward, retired Chicago Board of Trade member whose two sons have been blocked from accessing their money
Officials with MF Global, formerly Man Financial, are now admitting that they lost much […] Continue Reading…
“Let me tell you, we recommend for a long time to all players to act sincerely and intensively to…deprive them or prevent them from turning nuclear. And we have kept recommending to all to leave no option, not to remove any option from the table.”-Ehud Barak, Defense Minister of Israel
“Iran doesn’t have a bomb. There’s no proof. There’s no new information regardless of this new report [IAEA report], and for us to overreact and to talk about bombing Iran, that’s much more dangerous.”-Ron Paul, U.S. Representative from Texas
Presidential candidate Ron Paul made that statement on CBS’s Face the Nation. But the […] Continue Reading…