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08 Nov 2010 21:24

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Biz: Federal Reserve feeling international heat over risky U.S. economic plan

  • Call it cause and side effect. The Federal Reserve, concerned about the slow domestic economic recovery, recently announced that they were going to shove $600 billion into circulation, a risky move that could help the economy recover – or put us on the way to Zimbabwe’s hyperinflation. (OK, maybe not that bad.) Anyway, in the wake of all of this, the international market has been freaking out, afraid that the world’s standard-bearer currency will lose value over time. Obama had to defend the Federal Reserve’s announcement in India today, and gold – which is already on a solid upswing of late – topped $1,400 an ounce today. source
Posted by Ernie Smith • 0 Comments • Permalink

19 May 2010 12:20

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Tech: Google finally understands what to do with Wave

  • 2009 Google launches this crazy product called Wave at their I/O conference. It rides a huge wave of hype (and invites). Then it causes a huge backlash.
  • 2010 The main developer, Lars Rasmussen, says they finally understand what it’s for. “It’s about groups of people adopting Wave,” he says. Oh. source
Posted by Ernie Smith • 0 Comments • Permalink

13 May 2010 22:37

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Tech: So, yeah, now there’s a Facebook protest on the table. Hoo-ray

See, if we were Facebook, we would’ve registered @facebookprotest on Twitter (and the corresponding domain name) knowing the odds someone would get to it first. source
Posted by Ernie Smith • 0 Comments • Permalink

11 May 2010 23:07

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Tech: The Facebook backlash among techies is heating up

  • Over the past month, Mark Zuckerberg, the hottest new card player in town, has overplayed his hand. Facebook is officially ‘out,’ as in uncool, amongst partners, parents and pundits all coming to the realization that Zuckerberg and his company are–simply put–not trustworthy.
  • Silicon Valley entrepreneur Jason Calacanis • Discussing the apparent Facebook backlash that already seems to be afoot amongst techies. Many are feeling that Zuckerberg, Facebook’s CEO, has overplayed his hand with recent his recent moves, and companies once reliant on the social network’s ecosystem, namely “Farmville” creator Zynga, are trying to find alternatives. Calacanis goes further, and suggests that Facebook has stolen key features from other Silicon Valley companies, screwed their users over in terms of privacy, and built their company’s entire basis on lies and unethical behavior, and lost a lot of goodwill in the process. We should note, by the way, that Calacanis is a somewhat controversial figure because of the link-spammy nature of his Mahalo business, but he’s not alone in this feeling. source
Posted by Ernie Smith • 0 Comments • Permalink

06 Sep 2009 11:57

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Culture: Is the Michael Cera hipster backlash upon us, guys?

  • He’s not a kid anymore, and that goofy-awkward-cute-puppy-dog shtick is wearing off, say some hipster sources which we don’t associate ourselves with (because we completely disagree). But with poorly-reviewed cutesy indie flick “Paper Heart” bringing in less than a million in a month of limited release, and would-be blockbuster “Year One” blowing it at the box office, perhaps it’s time to re-evaluate.source
Posted by Ernie Smith • 1 Comment • Permalink
 
 
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